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Being a highly reactive compound, calcium oxide or quick lime reacts with a wide range of other compounds, the study of which is important to understand its chemical properties. Reaction with Water: When Quicklime is put in water, it produces calcium hydroxide, a basic compound used in buildings and the chemical industry. Quick lime (CaO) is also known as hydrated lime , calcium oxide and pickling lime . Get high-quality quick lime from Shaurya Minerals, the best quick lime manufacturer. QuickLime , also known as burnt lime or calcium oxide, is a versatile substance with a vast array of applications. Learn about quicklime —its properties, uses in industry, and important safety tips. Ideal guide for students and beginners.