Petroleum products

Worldwide Viscosity Reducing Agents Industry to 2026 - Growing Demand From the Oil & Gas Market - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 26, 2021

Viscosity reducing agents are often referred to as drag reducing agents in oil & gas industries, they improve the flow by reducing the frictional energy losses by decreasing the turbulence in the pipeline during crude oil transportation, and processing.

Key Points: 
  • Viscosity reducing agents are often referred to as drag reducing agents in oil & gas industries, they improve the flow by reducing the frictional energy losses by decreasing the turbulence in the pipeline during crude oil transportation, and processing.
  • Viscosity reducing agents help in the free-flowing of crude oil products, finished products, asphalt-crude, aqueous systems, and multiphase systems.
  • The growing urbanization and increasing demand for petroleum-based products are expected to drive the market for the viscosity reducing agents during the forecast period.
  • The aforementioned factors, coupled with government support, are contributing to the increasing demand for viscosity reducing agents market in the Asia-Pacific during the forecast period.

Environmental Concerns Propel Research Into Marine Biofuels

Retrieved on: 
Monday, May 17, 2021

The newest upper limit, which took effect at the start of 2020, reduced the sulfur content of ships\xe2\x80\x99 fuel oil to 0.5% from 3.5%.

Key Points: 
  • The newest upper limit, which took effect at the start of 2020, reduced the sulfur content of ships\xe2\x80\x99 fuel oil to 0.5% from 3.5%.
  • IMO said the reduction should have major benefits for the environment and the health of people, particularly those living near ports and along coasts.
  • Both options carry an additional cost.\nThe NREL-directed research provides a starting point for establishing the feasibility of ships using biofuels.
  • The low-sulfur HFO prices would be the maximum ship owners are willing to pay for biofuels for a one-to-one replacement.

WAX Blockchain Announces New Brand Partnerships

Retrieved on: 
Friday, May 14, 2021

b'MIAMI, May 14, 2021 (GLOBE NEWSWIRE) -- via InvestorWire \xe2\x80\x93 Today, WAX announced partnerships with a number of the world\xe2\x80\x99s most well-loved entertainment brands to release digital collectibles, called NFTs, on the WAX blockchain, including:\nThese new partners join existing WAX partners that have already released hugely successful products on WAX, including Topps (Major League Baseball, Godzilla, Garbage Pail Kids), Capcom (Street Fighter), Atari, DeadMau5, Weezer, Reebok, William Shatner, Leonard Nimoy and many more.

Key Points: 
  • b'MIAMI, May 14, 2021 (GLOBE NEWSWIRE) -- via InvestorWire \xe2\x80\x93 Today, WAX announced partnerships with a number of the world\xe2\x80\x99s most well-loved entertainment brands to release digital collectibles, called NFTs, on the WAX blockchain, including:\nThese new partners join existing WAX partners that have already released hugely successful products on WAX, including Topps (Major League Baseball, Godzilla, Garbage Pail Kids), Capcom (Street Fighter), Atari, DeadMau5, Weezer, Reebok, William Shatner, Leonard Nimoy and many more.
  • NFTs using WAX\xe2\x80\x99s powerful blockchain platform.\nThe Worldwide Asset eXchange\xe2\x84\xa2 (WAX), known as the King of NFTs, is the world\xe2\x80\x99s #1 blockchain as measured by both the number of users and by the number of transactions, according to Dappradar.com.\xc2\xa0 WAX is also the leading entertainment NFT network.
  • In 2018, WAX introduced vIRLsTM, giving consumer product companies the ability to directly link NFTs to physical consumer products.
  • Invented and patented by WAX, vIRLs provide the easiest and most sustainable way to purchase, exchange and trade a consumer product.

Building Infrastructure for Our Future Demands Clean, Efficient, Proven, Innovative and Reliable Technology: Diesel is Ready

Retrieved on: 
Tuesday, May 11, 2021

Volvo construction equipment has integrated autonomy into some of its most used equipment types to reduce emissions by over 40 percent.

Key Points: 
  • Volvo construction equipment has integrated autonomy into some of its most used equipment types to reduce emissions by over 40 percent.
  • City managers estimate that the switch to renewable diesel fuel has displaced over 250,000 gallons of petroleum diesel fuel and eliminated 1,500 tons of greenhouse gas emissions each year.\xe2\x80\x9d\nThe Diesel Technology Forum is a non-profit organization dedicated to raising awareness about the importance of diesel engines, fuel and technology.
  • \xc2\xa0Forum members are leaders in clean diesel technology and represent the three key elements of the modern clean-diesel system: advanced engines, vehicles and equipment, cleaner diesel fuel and emissions-control systems.
  • \xc2\xa0For more information visit http://www.dieselforum.org .\nFor the latest insights and information from the leaders in clean diesel technology, join us on Facebook , follow us on Twitter @DieselTechForum, or YouTube @DieselTechForum and connect with us on LinkedIn.\xc2\xa0 Get it all by subscribing to our newsletter Diesel Direct for a weekly wrap-up of clean diesel news, policy analysis and more direct to your inbox.\n'

North America Fuel Additives Market Growth, Trends, and Forecasts Report 2021-2026: Accelerating Demand for Ultra-Low-Sulfur Diesel (ULSD) is Likely to Create Opportunities - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 11, 2021

The growth in the consumption of gasoline additive largely reflects the requirements of engine design and developments in refinery operations.

Key Points: 
  • The growth in the consumption of gasoline additive largely reflects the requirements of engine design and developments in refinery operations.
  • However, new gasoline direct injection or GDI technology is becoming standard equipment on many new cars, especially in high-performance vehicles.
  • United States is one of the fastest emerging economies and has become one of the biggest production houses in the world, today.
  • The major companies include Afton Chemical, The Lubrizol Corporation, Innospec Inc., BASF SE, and LANXESS, among others.\n"

Infinity Galaxy Expert Analysis: Bitumen Price in 2020 and 2021

Retrieved on: 
Tuesday, May 11, 2021

b"DUBAI, UAE, May 11, 2021 /PRNewswire/ -- In 2020, the price of crude oil and bitumen plummeted to the lowest possible level in the last thirty years.

Key Points: 
  • b"DUBAI, UAE, May 11, 2021 /PRNewswire/ -- In 2020, the price of crude oil and bitumen plummeted to the lowest possible level in the last thirty years.
  • The COVID-19 pandemic, countries' lockdowns and the sharp decline of crude oil significantly played a role in the 2020 bitumen price fluctuations.
  • However, the world is reviving in 2021 and things seem to be turning in favor of bitumen and petrochemicals.\nInfinity Galaxy, an international bitumen supplier, has released a thorough review on bitumen price 2020 and 2021.\nFrom January to mid-February, bitumen prices were stable.
  • Iran reached its lowest bitumen price in Asia, undergoing a 50% drop, at $110 a ton during May.\nIn June 2020, after two months of reduction, bitumen prices increased to more than $235.

Global Pour Point Depressants Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Monday, May 10, 2021

The ability of a lubricant to flow under low temperature conditions is crucial for optimum performance of engines and equipment.

Key Points: 
  • The ability of a lubricant to flow under low temperature conditions is crucial for optimum performance of engines and equipment.
  • Pour point depressants is custom made as per the base oils.
  • Similar applications may require different pour point depressants with regard to different product specifications.\nChina holds the largest car production industry in the region as well globally.
  • It has inclined major oil & gas companies to incorporate wax formation inhibitors in several drilling equipment thereby swelling the market growth.\n'

Worldwide Octane Improver Fuel Additives Industry to 2026 - Growing Demand For Ethanol-Blended Fuels is Driving the Market - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 5, 2021

b"Among all octane improver fuel additives, ethanol occupies a major share and is expected to grow rapidly during the forecast period.\nEthanol has an octane rating of about 108 and is added to fuel to increase the overall octane rating of the fuel.

Key Points: 
  • b"Among all octane improver fuel additives, ethanol occupies a major share and is expected to grow rapidly during the forecast period.\nEthanol has an octane rating of about 108 and is added to fuel to increase the overall octane rating of the fuel.
  • The use of ethanol-blended fuel reduces the emission of NOX, CO, and particulate matter.
  • Due to the lower carbon to hydrogen ratio, the use of ethanol reduces carbon-dioxide emissions and increases fuel efficiency.
  • The growing demand for petrol-based vehicles is expected to drive the market for gasoline octane improvers during the forecast period.\nThe aforementioned factors, coupled with government support, are contributing to the increasing demand for octane improver fuel additives market in the Asia-Pacific during the forecast period.\n"

Star Group, L.P. to Host Fiscal 2021 Second Quarter Webcast and Conference Call May 6, 2021

Retrieved on: 
Friday, April 30, 2021

In certain of Star\'s marketing areas, the Company provides plumbing services, primarily to its home heating oil and propane customer base.

Key Points: 
  • In certain of Star\'s marketing areas, the Company provides plumbing services, primarily to its home heating oil and propane customer base.
  • Star also sells diesel, gasoline and home heating oil on a delivery only basis.
  • We believe Star is the nation\'s largest retail distributor of home heating oil based upon sales volume.
  • Including its propane locations, Star serves customers in the more northern and eastern states within the Northeast, Central and Southeast U.S. regions.

Lubrizol Partners With Advonex to Add to Its Portfolio of Sustainable Ingredients

Retrieved on: 
Tuesday, April 27, 2021

View the full release here: https://www.businesswire.com/news/home/20210427005468/en/\nAdvonex, which is based in Kingston, Ontario, produces plant-based hydrocarbons through patented processes.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210427005468/en/\nAdvonex, which is based in Kingston, Ontario, produces plant-based hydrocarbons through patented processes.
  • These innovative hydrocarbons replace petroleum-based ingredients such as silicone, petrolatum and mineral oil with environmentally favorable components.
  • For more information, visit www.Lubrizol.com .\nAdvonex International develops and sells sustainable ingredients for personal care, industrial lubricants and other markets.
  • Produced using a patented process, our ingredients deliver performance that exceeds their petroleum-based counterparts at a cost-competitive price.