Pressurized by the supply glut and demand crash, crude oil prices declined by 5 per cent to around $28 per barrel on Wednesday. As per the recent monthly analysis report of International Energy Agency (IEA), the April oil demand will show a dive by 29 million barrel per day (bpd) to break the records in the last 25 years.
Coronavirus May Slash U.S. GDP by 4 Per Cent in 2020, Chemical Industry Under...TechSci Research
Phenol: Phenol prices edged higher in Southeast Asia on recovery in demand from rubber industries as many industries resumed production in plants after ease in government restrictions to combat virus. Phenol climbed to $700 per MT, up by $15/tonne from previous revision.
Its miscibility with water, however, is restricted. N-butanol is used as a solvent and as a feedstock for syntheses. The main commercial route for the production of n-butanol is the oxo process. This comprises the catalytic hydroformylation of propylene with carbon monoxide and hydrogen (syngas), followed by the hydrogenation of the aldehydes formed to give a mixture of n- and isobutanols.
Methanol is a polar solvent also known as Wood Solvent. It is volatile, colorless and light liquid which has properties similar to Ethanol, but it is more toxic. It is used in the manufacture of fuel, solvent and antifreeze. The use of methanol still remains popular in the manufacture of formaldehyde, MTO (Methanol to Olefins) and Acetic Acid.
In North America, severe shortage of Helium was observed during Q1 2021. As a consequence of the winter storm across the USA gulf coast several plants went through an unplanned shutdown. BLM (Bureau of Land Management) had shut down its Texas based Helium enrichment unit during March for couple of weeks.
Naphtha demand in India stood at 20 million tonnes in 2019 and is projected to grow at a CAGR of 6.25% in the forecast period. Government of India’s “Hydrocarbons Vision – 2025” aimed at expanding indigenous production of petroleum products and reducing import bill by 2025 is likely to support the Naphtha market growth in the forecast period.
Polypropylene has several characteristics such as high resistance to cleaning agents, disinfectants and various chemicals which makes it best suited to be used in medical applications. Polypropylene is a highly versatile polymer, used popularly in medical sciences for manufacturing syringes, surgical trays, inhalers, needle protectors and several instrument components.
Green Petroleum Coke Market Share & Size, Industry Analysis Report, 2030Chem Analyst Pvt Ltd
Green petroleum coke is available in different forms such as sponge coke, purge coke, shot coke, needle coke, honeycomb coke. Growing demand of application areas such as aluminium and iron and steel production and increasing government initiatives for low emission materials is expected to drive the demand of green petroleum coke during the forecast period.
Benzene Market Research, Industry Trends, Strategies, Growth, Regional Analys...IMARC Group
The global benzene market grew at a CAGR of 4.5% during 2014-2019. Looking forward, IMARC Group expects the global benzene market to continue its moderate growth during 2020-2025.
To learn more about this market, visit us at: https://www.imarcgroup.com/benzene-technical-material-market-report
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The report provides an analysis of the key trends in each sub-segment of the global benzene market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on derivative, manufacturing process, application and region. The competitive landscape of the market has also been analyzed in the report with the detailed profiles of the key players.
For more information, request for a free sample report here: https://www.imarcgroup.com/benzene-technical-material-market-report/requestsample
Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Coronavirus May Slash U.S. GDP by 4 Per Cent in 2020, Chemical Industry Under...TechSci Research
Phenol: Phenol prices edged higher in Southeast Asia on recovery in demand from rubber industries as many industries resumed production in plants after ease in government restrictions to combat virus. Phenol climbed to $700 per MT, up by $15/tonne from previous revision.
Its miscibility with water, however, is restricted. N-butanol is used as a solvent and as a feedstock for syntheses. The main commercial route for the production of n-butanol is the oxo process. This comprises the catalytic hydroformylation of propylene with carbon monoxide and hydrogen (syngas), followed by the hydrogenation of the aldehydes formed to give a mixture of n- and isobutanols.
Methanol is a polar solvent also known as Wood Solvent. It is volatile, colorless and light liquid which has properties similar to Ethanol, but it is more toxic. It is used in the manufacture of fuel, solvent and antifreeze. The use of methanol still remains popular in the manufacture of formaldehyde, MTO (Methanol to Olefins) and Acetic Acid.
In North America, severe shortage of Helium was observed during Q1 2021. As a consequence of the winter storm across the USA gulf coast several plants went through an unplanned shutdown. BLM (Bureau of Land Management) had shut down its Texas based Helium enrichment unit during March for couple of weeks.
Naphtha demand in India stood at 20 million tonnes in 2019 and is projected to grow at a CAGR of 6.25% in the forecast period. Government of India’s “Hydrocarbons Vision – 2025” aimed at expanding indigenous production of petroleum products and reducing import bill by 2025 is likely to support the Naphtha market growth in the forecast period.
Polypropylene has several characteristics such as high resistance to cleaning agents, disinfectants and various chemicals which makes it best suited to be used in medical applications. Polypropylene is a highly versatile polymer, used popularly in medical sciences for manufacturing syringes, surgical trays, inhalers, needle protectors and several instrument components.
Green Petroleum Coke Market Share & Size, Industry Analysis Report, 2030Chem Analyst Pvt Ltd
Green petroleum coke is available in different forms such as sponge coke, purge coke, shot coke, needle coke, honeycomb coke. Growing demand of application areas such as aluminium and iron and steel production and increasing government initiatives for low emission materials is expected to drive the demand of green petroleum coke during the forecast period.
Benzene Market Research, Industry Trends, Strategies, Growth, Regional Analys...IMARC Group
The global benzene market grew at a CAGR of 4.5% during 2014-2019. Looking forward, IMARC Group expects the global benzene market to continue its moderate growth during 2020-2025.
To learn more about this market, visit us at: https://www.imarcgroup.com/benzene-technical-material-market-report
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The report provides an analysis of the key trends in each sub-segment of the global benzene market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on derivative, manufacturing process, application and region. The competitive landscape of the market has also been analyzed in the report with the detailed profiles of the key players.
For more information, request for a free sample report here: https://www.imarcgroup.com/benzene-technical-material-market-report/requestsample
Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
A look at some of the challenges, but particularly the opportunities in specific commodity chemicals in China today. Chemicals discussed include PVC, PX, PP and MMA
China Struggling to Recover, Vulnerable to Sputtering Economy and Rising Inve...TechSci Research
On Friday, crude oil observed an astonishing drift after witnessing a much-awaited gains post the U.S. President Donald Trump’s triumphant tweet on Thursday.
Carbon Fiber Reinforced Plastic Market Revenue is to be $27.98 Billion By 2024Amit M
The global carbon fiber reinforced plastic (CFRP) market size was USD 11.6 billion in 2015.Aerospace & defense application segment contributed significantly to shape the overall revenue owing to the high cost of aerospace grade CFRP.
U.S. Synthetic Dye And Pigment Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Synthetic Dye And Pigment Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. synthetic dye and pigment market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Global Plastic Pigment Market Analysis Report-MarkNtel AdvisorsNarayanSharma67
According to MarkNtel Advisors’ research report titled “Global Plastic Pigment Market Analysis, 2020”, the Plastic Pigment market is projected to register a CAGR of around 7% during 2020-25. The inorganic pigment grabbed the highest market share in the Global Plastic Pigment market in 2019.
StoxPlus is pleased to Vietnam Cement Market Report 2015, the third issue on this industry. This report presents a board range of topics, both sector-specific and cross-cutting market issues.
Besides updating Vietnam cement market size and competition dynamics, StoxPlus provides an in-depth analysis on distribution channel as well as pricing of different cement brands. Furthermore, financial benchmarking on a typical cement company in the Central, particularly the impacts of freight cost to final cement price, is also included. The report is expected to provide useful market information for new companies looking to penetrate into the market, as well as existing cement manufacturers to get an updated view on competition.
The Petrochemicals Global Market Analytics Report provides strategists, marketers and senior management with the critical information they need to assess the global Petrochemicals market and compare it with other markets and across geographies.
Buy Now
• Petrochemicals Global Market Analytics Report (http://bit.ly/2ajbsUl) is a detailed report giving a unique insight into this market. The report is priced at $1250 for an individual user. To use across your office the price is $1750 and $2500 if you wish to use across a multinational company.
• Clients are able to input on the design of the report and highlight points of special interest.
Hose Pipe Market Report: Trends, Forecast and Competitive AnalysisLucintel
Lucintel forecasts that hydraulic hose pipes will remain the largest segment and it is also expected to witness the highest growth due to increasing demand from construction, automotive, and agriculture industry. #HosePipeMarket, #HoseMarket, #PipeMarket, #HosePipe
The global market for agricultural dyes is expected to grow from $ 467.9 million in 2021 to $ 583.1 million in 2026. The market is expected to grow at a CAGR of 4.5% over the forecast period (2021-2026). Some of the market's key participants are Aakash Chemicals, AgriCoatings, ArrMaz, BASF, Bayer CropScience, Chromatech Incorporated, Clariant, ER CHEM COLOR, Milliken, Organic Dyes and Pigments, Red Sun Dye Chem, Retort Chemicals, Sensient Technologies, Shanghai Dyestuffs Research Institute. This report intends to identify significant growth areas and to explore relevant market strategies. This in-depth analysis delves into the global market for agricultural dyes. The primary goal of this research is to examine the potential growth areas, significant trends, and the market's impact on the industry. The report also reviews the adoption of agricultural dyes in both established and emerging markets.
"Description:
This is the third edition report, which is updated on the basis of second edition. The first edition and the second edition were finished in 2006 and 2007, respectively.
The report provides readers with a comprehensive overview about China’s fumaric acid industry. In this report, production, export & import and consumption are the emphases, which will offer readers good understanding about the capacity, output, manufacturers, trade as well as the application situation in 2007. Apart from that, the report also introduces briefly the technology, raw materials, price, etc. In the technology section, the most popular method is described. In the price section, the quoted price from producers has been reviewed, and the current is summarized. Moreover, the factors leading to price changes are discussed, from the aspects of demand & supply, raw material and product quality. Future forecast and conclusion is the soul of this report.
All the active producers of fumaric acid are introduced in detail.
"
April 04 2015 – Navi Mumbai, India: Market Reports on India presents the report on "Report on Indian Processed Cheese Market spread upto 2017 " All product markets are carefully defined so as to be comparable across all countries.
The global polyvinyl butyral (PVB) market size was USD 2.24 billion in 2015 and expanding government spending on solar power and construction infrastructure along with the growing population will augment industry expansion
World: Margarine And Shortening - Market Report. Analysis And Forecast To 2025IndexBox Marketing
IndexBox has just published its report: "World: Margarine And Shortening - Market Report. Analysis And Forecast To 2025". The report provides an in-depth analysis of the global margarine market. It presents the latest data of the market value, consumption, domestic production, exports and imports, price dynamics and food balance. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing the market. Forecasts illustrate how the market will be transformed in the medium term. Profiles of the leading producers are also included.
Specialty Chemicals Sector Unleash Towards Growth as Market Turns OptimisticTechSci Research
Benzene: Recovery in demand for Benzene from Pharmaceuticals and Solvent Industries has positively influenced the prices of Benzene. CFR prices of the produce settled around $335/tonne, up by $25/tonne in South Asia.
Polyetheramines are an extremely versatile product range. Mainly used to increase flexibility, toughness, hydrophilicity or hydrophobicity (depending on the product used), they also offer various reactivities, good temperature stabilities, are essentially colourless and have a low viscosity.
Global Direct Air Carbon Capture Technology Market 2021-26 |MarkNtel AdvisorsMarkNtel Advisors
According to MarkNtel Advisors research report Global Direct Air Carbon Capture Technology Market Analysis 2021 the market is likely to grow at a significant CAGR during 2021-26F.
Full Reports - https://www.marknteladvisors.com/research-library/global-direct-air-carbon-capture-technology-market.html
Asia’s Olefin Sector Witness Demand Shock, Prices Under Threat Due to Slump i...TechSci Research
Oil prices dived to $15 for the first time in the last two decades pressurized by the collapsing demand and overfilling vessels. It is told that the situation has become so grave that the Department of Energy is thinking about paying domestic oil producers to keep crude in the ground.
Petrochemical Industry Experiences a Roller Coaster Ride as Further Downside ...TechSci Research
Oil prices dived on Monday overpowering the gains made after major oil producers agreed for output cuts, pressured by concerns that the cuts will be too little to come out of the oversupply situation as the coronavirus pandemic incurs unprecedented slump in global crude demand.
A look at some of the challenges, but particularly the opportunities in specific commodity chemicals in China today. Chemicals discussed include PVC, PX, PP and MMA
China Struggling to Recover, Vulnerable to Sputtering Economy and Rising Inve...TechSci Research
On Friday, crude oil observed an astonishing drift after witnessing a much-awaited gains post the U.S. President Donald Trump’s triumphant tweet on Thursday.
Carbon Fiber Reinforced Plastic Market Revenue is to be $27.98 Billion By 2024Amit M
The global carbon fiber reinforced plastic (CFRP) market size was USD 11.6 billion in 2015.Aerospace & defense application segment contributed significantly to shape the overall revenue owing to the high cost of aerospace grade CFRP.
U.S. Synthetic Dye And Pigment Market. Analysis And Forecast to 2020IndexBox Marketing
IndexBox Marketing has just published its report: “U.S. Synthetic Dye And Pigment Market. Analysis And Forecast to 2020”.
The report provides an in-depth analysis of the U.S. synthetic dye and pigment market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Global Plastic Pigment Market Analysis Report-MarkNtel AdvisorsNarayanSharma67
According to MarkNtel Advisors’ research report titled “Global Plastic Pigment Market Analysis, 2020”, the Plastic Pigment market is projected to register a CAGR of around 7% during 2020-25. The inorganic pigment grabbed the highest market share in the Global Plastic Pigment market in 2019.
StoxPlus is pleased to Vietnam Cement Market Report 2015, the third issue on this industry. This report presents a board range of topics, both sector-specific and cross-cutting market issues.
Besides updating Vietnam cement market size and competition dynamics, StoxPlus provides an in-depth analysis on distribution channel as well as pricing of different cement brands. Furthermore, financial benchmarking on a typical cement company in the Central, particularly the impacts of freight cost to final cement price, is also included. The report is expected to provide useful market information for new companies looking to penetrate into the market, as well as existing cement manufacturers to get an updated view on competition.
The Petrochemicals Global Market Analytics Report provides strategists, marketers and senior management with the critical information they need to assess the global Petrochemicals market and compare it with other markets and across geographies.
Buy Now
• Petrochemicals Global Market Analytics Report (http://bit.ly/2ajbsUl) is a detailed report giving a unique insight into this market. The report is priced at $1250 for an individual user. To use across your office the price is $1750 and $2500 if you wish to use across a multinational company.
• Clients are able to input on the design of the report and highlight points of special interest.
Hose Pipe Market Report: Trends, Forecast and Competitive AnalysisLucintel
Lucintel forecasts that hydraulic hose pipes will remain the largest segment and it is also expected to witness the highest growth due to increasing demand from construction, automotive, and agriculture industry. #HosePipeMarket, #HoseMarket, #PipeMarket, #HosePipe
The global market for agricultural dyes is expected to grow from $ 467.9 million in 2021 to $ 583.1 million in 2026. The market is expected to grow at a CAGR of 4.5% over the forecast period (2021-2026). Some of the market's key participants are Aakash Chemicals, AgriCoatings, ArrMaz, BASF, Bayer CropScience, Chromatech Incorporated, Clariant, ER CHEM COLOR, Milliken, Organic Dyes and Pigments, Red Sun Dye Chem, Retort Chemicals, Sensient Technologies, Shanghai Dyestuffs Research Institute. This report intends to identify significant growth areas and to explore relevant market strategies. This in-depth analysis delves into the global market for agricultural dyes. The primary goal of this research is to examine the potential growth areas, significant trends, and the market's impact on the industry. The report also reviews the adoption of agricultural dyes in both established and emerging markets.
"Description:
This is the third edition report, which is updated on the basis of second edition. The first edition and the second edition were finished in 2006 and 2007, respectively.
The report provides readers with a comprehensive overview about China’s fumaric acid industry. In this report, production, export & import and consumption are the emphases, which will offer readers good understanding about the capacity, output, manufacturers, trade as well as the application situation in 2007. Apart from that, the report also introduces briefly the technology, raw materials, price, etc. In the technology section, the most popular method is described. In the price section, the quoted price from producers has been reviewed, and the current is summarized. Moreover, the factors leading to price changes are discussed, from the aspects of demand & supply, raw material and product quality. Future forecast and conclusion is the soul of this report.
All the active producers of fumaric acid are introduced in detail.
"
April 04 2015 – Navi Mumbai, India: Market Reports on India presents the report on "Report on Indian Processed Cheese Market spread upto 2017 " All product markets are carefully defined so as to be comparable across all countries.
The global polyvinyl butyral (PVB) market size was USD 2.24 billion in 2015 and expanding government spending on solar power and construction infrastructure along with the growing population will augment industry expansion
World: Margarine And Shortening - Market Report. Analysis And Forecast To 2025IndexBox Marketing
IndexBox has just published its report: "World: Margarine And Shortening - Market Report. Analysis And Forecast To 2025". The report provides an in-depth analysis of the global margarine market. It presents the latest data of the market value, consumption, domestic production, exports and imports, price dynamics and food balance. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing the market. Forecasts illustrate how the market will be transformed in the medium term. Profiles of the leading producers are also included.
Specialty Chemicals Sector Unleash Towards Growth as Market Turns OptimisticTechSci Research
Benzene: Recovery in demand for Benzene from Pharmaceuticals and Solvent Industries has positively influenced the prices of Benzene. CFR prices of the produce settled around $335/tonne, up by $25/tonne in South Asia.
Polyetheramines are an extremely versatile product range. Mainly used to increase flexibility, toughness, hydrophilicity or hydrophobicity (depending on the product used), they also offer various reactivities, good temperature stabilities, are essentially colourless and have a low viscosity.
Global Direct Air Carbon Capture Technology Market 2021-26 |MarkNtel AdvisorsMarkNtel Advisors
According to MarkNtel Advisors research report Global Direct Air Carbon Capture Technology Market Analysis 2021 the market is likely to grow at a significant CAGR during 2021-26F.
Full Reports - https://www.marknteladvisors.com/research-library/global-direct-air-carbon-capture-technology-market.html
Asia’s Olefin Sector Witness Demand Shock, Prices Under Threat Due to Slump i...TechSci Research
Oil prices dived to $15 for the first time in the last two decades pressurized by the collapsing demand and overfilling vessels. It is told that the situation has become so grave that the Department of Energy is thinking about paying domestic oil producers to keep crude in the ground.
Petrochemical Industry Experiences a Roller Coaster Ride as Further Downside ...TechSci Research
Oil prices dived on Monday overpowering the gains made after major oil producers agreed for output cuts, pressured by concerns that the cuts will be too little to come out of the oversupply situation as the coronavirus pandemic incurs unprecedented slump in global crude demand.
What Will Hit the Chemical Sector Most: Covid-19 Or Crude Oil?TechSci Research
Polymer producers around the world are forced to curtail their production activities as the combined blow of Coronavirus and crude oil crash has hard hit the sector. Prices of Polyethylene and Polypropylene in the international markets have followed a downtrend as feedstock ethene, ethane and propylene witnessed downward pressure due to sudden slump in crude oil.
Stocks Tumble by Corona Fear, Some Companies Anxious While Others Smile TechSci Research
As per the current scenario, Brent crude climbed to $32.30 a barrel, incurring a gain of 1.8 per cent from yesterday. Whereas, U.S West Texas Intermediate (WTI) settled at $ 22.88 a barrel, up by 2.1 per cent from previous revision.
New base energy news issue 899 dated 03 august 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase 03 August 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• Oman: New Sohar refinery project to commission by year-end
• OPEC Output Disrupted in July on Nigeria Attacks, Libya Dispute
• India Prods Top LNG Buyers to Recast Deals Amid Global Glut
• N.America: Renewables share of electricity mix expected to rise
• India: BP Aims to Increase Gas From KG-D6 Fourfold by 2022
• US crude oil remains below $40 as oversupply still weighs
• Crude Oil May Rebound to $57 Next Year, Analysts Say
• China Oil Race Heats Up as Russia Weakens Saudi Dominance: Chart
• Here's how companies can survive $40 oil
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Microsoft word new base 661 special 10 august 2015Khaled Al Awadi
ttached FYI ( NewBase Special 10 August 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Kuwait energy project spending to hit $100 billion
• Morocco's sole refinery to shut due to financial problems
• UK: Europa Oil & Gas ble Planning Inspectorate decision on its Holmwood
• U.S. Pump Prices Slip to Three-Month Low in Lundberg Survey
• Crude prices down on chronic oversupply, poor China data
• Oil prices to stay lower for longer on supply glut: QNB
• Tesla burns cash, loses more than $4,000 on every car sold
• Oil companies need to resurrect stalled projects
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
If Canada built pipelines then taxation would see a bump of $2B.
Canada clean technology which is now about $65B is registering a loss of $3.5B - https://www.slideshare.net/paulyoungcga/carbon-tax-and-clean-technology-canada-december-2017 (see slide 9)
New base energy news issue 869 dated 09 june 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 09 June 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• UAE gas market as World gas market faces glut, says IEA
• India Greka successfully drilled two wells
• US / Canada Fires are reducing Canada’s oil sands production
• Oil prices near 2016 highs as US crude inventories drop
• Oil market is back in balance: Kemp
• Crude prices: This chart says oil could hit $60 — and fast
• World Starts to Turn From Coal as Cheap Oil Gains Market
• World oil reserves stable despite drop in investment -BP
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :- khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Justin Dargin, a Research Fellow with The Dubai Initiative at Harvard University and a Fulbright Scholar of the Middle East, was invited by CIRS to deliver a lecture on “Gulf Gas Development: A Rational Development Strategy” to Georgetown University in Qatar faculty and staff. The lecture focused on the basics of the Gulf Gas/Power Sector and how the countries of the GCC are facing the current energy challenges.
June 2014 Edition of BEACON, A Monthly Newsletter by SIMCON.
Inside this issue:
INDUSTRY ANALYSIS : Oil & Gas Industry
COMPANY ANALYSIS : HPCL
Concept of the Month
Quiz
Did You Know?
El periodico mas importante del mundo con informacion de la industria minero energetico, Platts Oilgram News, propiedad del gruppo McGraw Hills, en un articulo sobre los ataques contra la industria petrolera en Colobia, toma como fuente a Agora Consultorias
India Passenger Car Cabin Air Filter Market, Forecast and Opportunities, 2027...TechSci Research
India passenger car cabin air filter market stood at USD101.45 million in FY2021 and is expected to register growth with a CAGR of approximately 11.69%. http://bit.ly/3MEeQJ5
Saudi Arabia Spare Parts Market, Forecast and Opportunities, 2027.pdfTechSci Research
Saudi Arabia spare parts market generated a value of USD 4,732.85 million in the year 2021 and the market is expected to grow at a CAGR of 6.24% during the forecast. http://bit.ly/3ZO3ZTq
Global Offshore Wind Turbine Market, Forecast and Opportunities, 2027.pdfTechSci Research
Global offshore wind turbine market was valued at USD28.20 billion in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 13.75% due to high investment and development in the power industry. http://bit.ly/3Wq4TCN
Middle East Facility Management Market was valued at USD 64.27 billion in 2022 and is anticipated to project robust growth during the forecast period, registering a CAGR of 8.13% through 2027. http://bit.ly/3IZ64G4
Final Report_Malaysia Elevators and Escalators Market, 2017-2027F.pptxTechSci Research
Malaysia Elevators & Escalators Market was valued at USD 544.84 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 5.03% owing to the rapid rise in urbanization and increase in infrastructure, making way for the elevators & escalators market. https://www.techsciresearch.com/report/malaysia-elevator-and-escalator-market/7209.html
Global Industrial Valves Market was valued at USD 68,702.45 million in 2022 and is anticipated to grow with a CAGR of 4.96% through 2028. The flow of liquids, gases, and slurries can be managed with the help of industrial valves. http://bit.ly/3XlIUOu
Turkey Medical Tourism market stood at USD1497.07 million in 2021 and is expected to grow at steady rate of 12.23% during the forecast period.
https://www.techsciresearch.com/report/turkey-medical-tourism-market/9418.html
Saudi Arabia Automotive Lead Acid Battery Market Forecast and Opportunities 2...TechSci Research
Saudi Arabia automotive lead acid battery market registered around USD280.80 million in 2021 and is estimated to reach USD437.94 million in 2027, advancing with a CAGR of 8.09%. Rapidly increasing fleet of four-wheelers and escalating fleet size across the country to drive the Saudi Arabia automotive lead acid battery market in the upcoming years.
https://www.techsciresearch.com/report/saudi-arabia-automotive-lead-acid-battery-market/12848.html
The India facility management market stood at USD46.27 billion in 2022 and is forecast to grow at a CAGR of 14.84% by 2028. https://www.techsciresearch.com/report/india-facility-management-market/1383.html
Interview With Dr Karthik Anantharaman From Apollo Hospitals on India E Pharm...TechSci Research
Dr Karthik, Vice President International- Apollo Hospitals, tells TechSci Research that the emergence of new e-pharmacies is good for the industry because even as we speak today, e pharmacy is different, 3% of the total pharmacy market and it's quite similar across the world. Even in the other markets the US or in Western Europe, E pharmacies are among the fastest growing, but still from an overall representation from our value and a top line perspective are still about 3% of the total market or less than 3% of the total market in terms of value. Click : https://www.techsciresearch.com/blog/interview-with-dr-karthik-anantharaman-from-apollo-hospitals-on-india-e-pharmacy-market/1322.html
Indonesia Elevator Market was valued at USD647.96 million in 2021 and is anticipated to project a robust growth in the forecast period with a CAGR of 5.78%. http://bit.ly/3hnPl3A
Global Offshore Oil and Gas Rigs Market Forecast 2027TechSci Research
The Global Offshore Oil & Gas Rig Market valued at USD14735.78 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 5.69% owing to blooming demand for oil and gas, oilfield facilities etc. https://bit.ly/3wdPJGg
India Water Heater Market, Forecast and Opportunities, 2028_Report.pptxTechSci Research
India water heater market is expected to reach USD422.78 million by 2028, growing at a CAGR of 7.16% during the forecast period. The India water heater market is mainly driven by increasing demand from the residential sector, growing per capita income, rising GDP, the increase in sales through online channels, etc. https://bit.ly/3DtyMMM
Global Offshore Oil and Gas Rigs Market, Forecast 2027TechSci Research
The Global Offshore Oil & Gas Rig Market valued at USD14735.78 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 5.69% owing to blooming demand for oil and gas, oilfield facilities etc.https://bit.ly/3wdPJGg
Saudi Arabia Automotive Aftermarket, Forecast and Opportunities, 2027_Report.pdfTechSci Research
Saudi Arabia Automotive Aftermarket registered market value of USD6,490.35 million in 2021 and is estimated to reach USD9446.95 million in 2027, advancing with a CAGR of 6.43%. https://bit.ly/3RYgx6O
Saudi Arabia Electric Vehicle Charging Infrastructure Market 2027.pdfTechSci Research
Saudi Arabia electric vehicle charging infrastructure market is anticipated to register a robust CAGR during the forecast period, 2023-2027. Increasing sales of electric vehicles and favorable government initiatives are the primary factors driving the growth of Saudi Arabia electric vehicle charging infrastructure market.
Middle East and Africa Electric Three-Wheeler Market, 2027.pdfTechSci Research
Middle East and Africa Electric three-wheeler market stood at USD15,748.91 thousand in 2021 and is forecast to grow at a CAGR of 14.38% to reach USD50,808.07 thousand by 2030. https://bit.ly/3wM0Gyk
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Empowering the Data Analytics Ecosystem: A Laser Focus on Value
The data analytics ecosystem thrives when every component functions at its peak, unlocking the true potential of data. Here's a laser focus on key areas for an empowered ecosystem:
1. Democratize Access, Not Data:
Granular Access Controls: Provide users with self-service tools tailored to their specific needs, preventing data overload and misuse.
Data Catalogs: Implement robust data catalogs for easy discovery and understanding of available data sources.
2. Foster Collaboration with Clear Roles:
Data Mesh Architecture: Break down data silos by creating a distributed data ownership model with clear ownership and responsibilities.
Collaborative Workspaces: Utilize interactive platforms where data scientists, analysts, and domain experts can work seamlessly together.
3. Leverage Advanced Analytics Strategically:
AI-powered Automation: Automate repetitive tasks like data cleaning and feature engineering, freeing up data talent for higher-level analysis.
Right-Tool Selection: Strategically choose the most effective advanced analytics techniques (e.g., AI, ML) based on specific business problems.
4. Prioritize Data Quality with Automation:
Automated Data Validation: Implement automated data quality checks to identify and rectify errors at the source, minimizing downstream issues.
Data Lineage Tracking: Track the flow of data throughout the ecosystem, ensuring transparency and facilitating root cause analysis for errors.
5. Cultivate a Data-Driven Mindset:
Metrics-Driven Performance Management: Align KPIs and performance metrics with data-driven insights to ensure actionable decision making.
Data Storytelling Workshops: Equip stakeholders with the skills to translate complex data findings into compelling narratives that drive action.
Benefits of a Precise Ecosystem:
Sharpened Focus: Precise access and clear roles ensure everyone works with the most relevant data, maximizing efficiency.
Actionable Insights: Strategic analytics and automated quality checks lead to more reliable and actionable data insights.
Continuous Improvement: Data-driven performance management fosters a culture of learning and continuous improvement.
Sustainable Growth: Empowered by data, organizations can make informed decisions to drive sustainable growth and innovation.
By focusing on these precise actions, organizations can create an empowered data analytics ecosystem that delivers real value by driving data-driven decisions and maximizing the return on their data investment.
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Subhajit Sahu
Abstract — Levelwise PageRank is an alternative method of PageRank computation which decomposes the input graph into a directed acyclic block-graph of strongly connected components, and processes them in topological order, one level at a time. This enables calculation for ranks in a distributed fashion without per-iteration communication, unlike the standard method where all vertices are processed in each iteration. It however comes with a precondition of the absence of dead ends in the input graph. Here, the native non-distributed performance of Levelwise PageRank was compared against Monolithic PageRank on a CPU as well as a GPU. To ensure a fair comparison, Monolithic PageRank was also performed on a graph where vertices were split by components. Results indicate that Levelwise PageRank is about as fast as Monolithic PageRank on the CPU, but quite a bit slower on the GPU. Slowdown on the GPU is likely caused by a large submission of small workloads, and expected to be non-issue when the computation is performed on massive graphs.
As Europe's leading economic powerhouse and the fourth-largest hashtag#economy globally, Germany stands at the forefront of innovation and industrial might. Renowned for its precision engineering and high-tech sectors, Germany's economic structure is heavily supported by a robust service industry, accounting for approximately 68% of its GDP. This economic clout and strategic geopolitical stance position Germany as a focal point in the global cyber threat landscape.
In the face of escalating global tensions, particularly those emanating from geopolitical disputes with nations like hashtag#Russia and hashtag#China, hashtag#Germany has witnessed a significant uptick in targeted cyber operations. Our analysis indicates a marked increase in hashtag#cyberattack sophistication aimed at critical infrastructure and key industrial sectors. These attacks range from ransomware campaigns to hashtag#AdvancedPersistentThreats (hashtag#APTs), threatening national security and business integrity.
🔑 Key findings include:
🔍 Increased frequency and complexity of cyber threats.
🔍 Escalation of state-sponsored and criminally motivated cyber operations.
🔍 Active dark web exchanges of malicious tools and tactics.
Our comprehensive report delves into these challenges, using a blend of open-source and proprietary data collection techniques. By monitoring activity on critical networks and analyzing attack patterns, our team provides a detailed overview of the threats facing German entities.
This report aims to equip stakeholders across public and private sectors with the knowledge to enhance their defensive strategies, reduce exposure to cyber risks, and reinforce Germany's resilience against cyber threats.
Explore our comprehensive data analysis project presentation on predicting product ad campaign performance. Learn how data-driven insights can optimize your marketing strategies and enhance campaign effectiveness. Perfect for professionals and students looking to understand the power of data analysis in advertising. for more details visit: https://bostoninstituteofanalytics.org/data-science-and-artificial-intelligence/
Indian CGD Players Eye on Profits as Global LNG Crashes to Record Breaking Lows
1. IndianCGDPlayersEyeonProfitsasGlobalLNGCrashestoRecordBreakingLows
Key Headlines
• Aramco Offers Refiners in Asia And Europe New Terms to Combat Oil Crisis
• Crude Retreats By 5 Per Cent Despite OPEC+ Deal
• Cabot Corporation Closes $115 Million Deal to Acquire Shenzhen Sanshun
• Valero Implements Shutdowns and Output Cuts in U.S. Refineries as The Country Battles Covid Crisis
• GAIL Predicts Speedy Recovery in Natural Gas Demand Despite Lockdown
Asia Pacific Chemicals Pricing (Key Products)
• Propylene: Propylene prices in Asia edged high amid improved demand for the product as major consuming
industries in China resumed their production activities after a prolonged shutdown. Prices of the product was
assessed at $720/tonne, up by $55tonne.
• ABS: ABS prices continued to drift in Far East Asia amid bearish market sentiments of the products from
electrical and electronic sector. CFR prices for ABS dropped to $1090/tonne, down by $ 50/tonne Far East Asia.
• HDPE: HDPE market witnessed a much-needed gain on recovery in demand for the product in downstream
polymer industries. CFR prices of raffia grade HDPE climbed to $760 per tonne, spiked by $ 20/tonnes South
East Asia.
• Naphtha: Naphtha witnessed a marginal gain influenced by slight recovery in dynamics of upstream crude oil.
CFR Prices for Naphtha in Far East Asia settled between $179-181 per tonne on Wednesday.
Crude Oil Scenario
Pressurized by the supply glut and demand crash, crude
oil prices declined by 5 per cent to around $28 per
barrel on Wednesday. As per the recent monthly
analysis report of International Energy Agency (IEA),
the April oil demand will show a dive by 29 million
barrel per day (bpd) to break the records in the last 25 years. The report stated that the proposed output cuts will not
be able to control the near-term falls facing the market. Shedding off earlier gains, Brent crude fell by 5 per cent, to
$28.11 per barrel as of 08:27 GMT and US WTI crude slid by 2.5 per cent, to $19.60. Huge inventories which have
reportedly touched 13.1 million barrels as on Tuesday, will put downward pressure on the crude oil prices in the coming
months. This happened just few days after the Organization of the Petroleum Exporting Countries, along with Russia
and other producing countries (called OPEC+) collaborated with other oil-pumping nations like the U.S. for a deal aimed
at implementing production cuts. Falling crude reflects that the crude oil industry is deeply wounded by the demand
uncertainties and it might take longer than expected to reverse its collapsing situation.
Index Units Prices
WTI Crude Oil USD/bbl. 19.60
Brent Crude USD/bbl. 28.11
Natural Gas (U.S.) USD/MMBtu 1.591
Edition: 16th April 2020 #TheChemAnalystExpress
2. Exclusive News & Analysis
India’s LNG Imports Threatened After Lockdown Extends
As countrywide lockdown increases in India until May 3, after Prime Minister Narendra Modi declared on Tuesday that
it is an essential step towards country’s battle against the coronavirus pandemic, Indian refiners would be prompted to
cut runs further and offer more oil product cargoes for exports. This is also likely to pressurize country’s Liquefied
Natural Gas (LNG) demand and risk the imports. In India, imported LNG is used as a feedstock by city gas distribution
(CGD) companies, fertilizer manufacturing companies, oil refineries, gas-based power plants, petrochemical companies
and other industrial units.
Demand
India’s LNG imports jumped 68 per cent to 3453 Million Standard Cubic Meter (MMSCM) in February this year as
compared to the same month in 2019. This happened because the country’s gas-based power plants, oil refineries and
gas marketing companies took advantage of substantial decline in LNG prices, due to significant drop in demand from
China, as the country declare force majeure due to Covid-19. Energy Sector analysts indicated that the consumers
aggressively grabbed cheaper LNG cargoes in
February in anticipation of robust natural gas
demand in the country. Available cargoes due
to cancelled shipments were sold merely at the
rate of $2.7 per mmbtu causing Indian buyers
to turn opportunistic. According to a recent
report, all the major sectors which consume
imported LNG witnessed a big leap in demand
in February this year. Demand from power
sector jumped by 107 per cent, while that from
refineries rose by 40 per cent with about 31 per
cent rise from Petrochemicals and 20 per cent
from fertilizer as compared to Feb last year. Till
February 2020, India has been one of the main
bright spots for LNG demand, however, the
imposed lockdown measures to a greater
extent have forced several companies to shut
their plants, thereby hampering the overall
demand.
Prices
India has been one of the key LNG consumers in the Asian market. The coronavirus outbreak incurred a significant
drop in the LNG spot prices to 3.1/mmBtu in March 2020 as compared to $4.7/mmBtu in January 2020. The fall in
price is much significant as compared to the January month of last fiscal when LNG spot prices were recorded as
$8.4/mmBtu. Indian CGD companies like Gujarat Gas, IGL and ML are likely to benefit from the low spot LNG prices.
Although LNG prices follow a downtrend in the month of April as well, Indian players are anxious as restricted imports
may put a halt on their procurement strategies.
Impact of Covid on LNG players
In response to the lockdown, Petronet LNG and Gujarat State Petroleum Corp (GSPC) issued force majeure notices to
their LNG suppliers. Although imports are cheap, the players are anxious as uncertainty in the overall LNG demand
prevails till the lockdown is not lifted. Experts believe that the recovery would depend upon several factors such as a
decline in the sales of Compressed Natural Gas (CNG), weaker demand from gas-based power plants triggered by fall
in electricity demand and refinery output cuts by the oil refiners.
0
5
10
15
20
25
Source-wise gas consumption by Indian power plants
Spot LNG Long-term RLNG Domestic gas APM/Non-APM
Source: CEA
3. Industry Research
International Plant Shutdowns
• Valero Shuts 8 Plants and Cuts Production at 6 Plant Facilities Battling Demand Destruction
Valero Energy, a company primarily engaged in the manufacturing and marketing of ethanol fuel has announced
suspension of operations in 8 production plants in addition to production cuts in 6 units. The decision was taken
considering the loss in revenue due to drifting demand of products on pronged pandemic stress in global market.
However, the company has reported to continue essential business services including transportation and logistics
facilities to avoid inconvenience to the existing customers. Valero comprises a total of 14 ethanol production facilities
with a combined production capacity of around 1.73 billion gallons per year.
• Ineos to Postpone Maintenance Turnaround in Forties Pipeline
Ineos, a UK based multinational chemical company has postponed the maintenance turnaround of its North Sea Fortis
Pipeline to serve its customers in tough times of pandemic stress. The shutdown was previously delayed till August but
now it has been rescheduled for spring in 2021. Concerning this step, the company stated that it is their sole
responsibility to continue the production of the most demanded chemicals like ethanol and iso propyl alcohol amid
rising panic of Coronavirus.
Global Plant Resumptions
• Zhong Restarts Production at Polypropylene and Polyethylene Plant Facilities
Zhong An United, a Coal Chemical Corporation and renowned chemical and petrochemical company in China has
announced the restart in operations of its Polyethylene and Polypropylene Plants. The plants were formerly shut on
April 9 at the back of some technical issues. These two production units of Zhong An accounts for the combined
production capacity of around 350KTPA.
• Welspun Corporation restarts facilities at Anjar Plant After an Unplanned Shutdown
Welspun Corporation, a downstream industry of polymer and resin, has reported the partial restart in operations at its
Anjar Plant facilities with an official permit by the governing authorities. For now, Welspun has just started operations
in LSAW but is planning to resume operations at all facilities on improvement in Pandemic stress. Moreover, the
company has ensured to take care of the sanitization and health of the workers considering the gravity present
circumstances.
Mergers and Acquisitions
• Cabot Corporation Closes Acquisition of Shenzhen Sanshun Worth $ 115 Million
Cabot Corporation, a company engaged in the business of specialty chemicals and performance materials has
announced the complete acquisitions of Shenzhen Sanshun Nano New Materials Corporation, a renowned producer of
carbon nanotubes. The acquisition worth $ 115 million aims at strengthening the position of Cabot in the global
electrical market. Moreover, this deal outgrows Cabot as the only company to supply carbon additives having
commercially proven CNT, carbon nanostructure, carbon black and dispersion capabilities.
Strategic Investments
• Refining NZ Planning to Permanently Idle Oil Refining Units
Refining NZ, the single largest oil refinery in New Zealand, is planning to step out of its refining business and completely
devote itself into trading of fuel. According to the authorities, the company has come up with this critical move as the
investments it previously made on the refinery haven’t delivered considerable profits. Moreover, the present scenario
where the producers are encountering consistent loss due to weak oil values has highlighted negative aspects for the
creditability of this business in future. The company stated that the final call over this decision will be announced in
June, this year.
4. Technological Advancements
• Exxon Mobil Conducting Trials of Methane Monitoring Technology
Exxon Mobil, a multinational petrochemical corporation, is carrying out field trials on eight methane detection
advancements along with aerial and satellite surveillance monitoring. The tests are being conducted at nearly 1000 sites
in New Mexico and Texas. These tests are examining effectiveness and reliability of this next generation technology in
order to accurately detect leaks and come up with potential solutions that can serve the global petrochemical sector.
• Thai Oil Adopts Haldoe Topsoe Technology to Produce Cleaner Fuels
Thai Oil Public Company Limited has entered into an agreement to adopt Topsoe’s SNOXTM
to promote cleaner fuel
production in Sriracha Refinery. With the help of this technology, the company aims to effectively remove harmful
compounds like sulfur and nitrogen in addition to dust emissions. This agreement is in line with Thai Oil’s Clean Fuel
Project worth $5 Billion. This project is anticipated to enhance production to 40000 bpd along with improvising
efficiency and reducing environmental impact.
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