Petroleum products

Intercontinental Exchange to Launch a Deliverable New York Harbor Ultra-Low Sulphur Heating Oil Futures Contract

Retrieved on: 
Wednesday, June 26, 2019

Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced the launch of a physically delivered Ultra-Low Sulphur Heating Oil futures contract, deliverable in the New York Harbor region (NYH ULSHO).

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced the launch of a physically delivered Ultra-Low Sulphur Heating Oil futures contract, deliverable in the New York Harbor region (NYH ULSHO).
  • ICEs newly-offered New York Harbor region ULSHO futures contract is a 67-grade contract that has the same molecular characteristics as ICEs Ultra-Low Sulphur Diesel (ULSD) 62-grade futures contract.
  • This contract should meet customers needs for a more effective American heating oil benchmark and will complement ICEs Low Sulphur Gasoil contract in the actively traded New York heating oil/low sulphur gasoil arbitrage market.
  • The NYH ULSHO futures contract will trade on ICE Futures Europe and represent 1,000 barrels of 67-grade ultra-low sulphur diesel, deliverable in the New York Harbor region.

Growing Interest For Sustainable and Environment Friendly Products Will Enhance the Overall Demand for Fuel Additives Market - IndustryARC

Retrieved on: 
Wednesday, June 26, 2019

Fuel additives market is expected to reach $7 billion by 2023, growing at a CAGR of 5%.

Key Points: 
  • Fuel additives market is expected to reach $7 billion by 2023, growing at a CAGR of 5%.
  • Also, with the rise in the consumption of Ultra-Low-Sulfur Diesel (ULSD), fuel additives market is witnessing an increase in the demand as ULSD requires higher concentration of additives.
  • The growing trend to include multifunctional additives in gasoline, diesel and other fuels is favoring the fuel additives industrial growth.
  • The increasing interest in sustainable and environmentally friendly products from end-users and customers will lead in enhanced demand for multifunctional additives.

Growing Interest For Sustainable and Environment Friendly Products Will Enhance the Overall Demand for Fuel Additives Market - IndustryARC

Retrieved on: 
Wednesday, June 26, 2019

Fuel additives market is expected to reach $7 billion by 2023, growing at a CAGR of 5%.

Key Points: 
  • Fuel additives market is expected to reach $7 billion by 2023, growing at a CAGR of 5%.
  • Also, with the rise in the consumption of Ultra-Low-Sulfur Diesel (ULSD), fuel additives market is witnessing an increase in the demand as ULSD requires higher concentration of additives.
  • The growing trend to include multifunctional additives in gasoline, diesel and other fuels is favoring the fuel additives industrial growth.
  • The increasing interest in sustainable and environmentally friendly products from end-users and customers will lead in enhanced demand for multifunctional additives.

Valvoline Announces Opening of Company-Owned Quick-Lube Center in Greater Houston

Retrieved on: 
Monday, June 24, 2019

LEXINGTON, Ky., June 24, 2019 /PRNewswire/ -- Valvoline Inc. a leading worldwide supplier of premium branded lubricants and automotive services announced today that is has opened a new company-owned Valvoline Instant Oil ChangeSM(VIOC) service center in Greater Houston.

Key Points: 
  • LEXINGTON, Ky., June 24, 2019 /PRNewswire/ -- Valvoline Inc. a leading worldwide supplier of premium branded lubricants and automotive services announced today that is has opened a new company-owned Valvoline Instant Oil ChangeSM(VIOC) service center in Greater Houston.
  • Of the 10 Valvoline Instant Oil Change quick lubes in the Houston market, this is Valvoline's ninth company-owned location.
  • The service center is at 9050 Spencer Highway in La Porte, Texas.
  • Valvoline Instant Oil Change service centers let customers stay in their cars and watch VIOC's certified technicians perform their service.

$5.3 Bn Plastic Processing Lubricants Markets, 2023 - Major Players are Baerlocher, Valtris Specialty Chemicals, Clariant, PMC Biogenix, BASF, Peter Greven, Faci, FERRO-PLAST, and Exxon Mobil

Retrieved on: 
Wednesday, June 19, 2019

Lubricants in the global plastic processing market are expected to reach an estimated $5.3 billion by 2023 with a CAGR of 3.5% from 2018 to 2023.

Key Points: 
  • Lubricants in the global plastic processing market are expected to reach an estimated $5.3 billion by 2023 with a CAGR of 3.5% from 2018 to 2023.
  • Some of the lubricants companies in the global plastic processing market profiled in this report include Baerlocher, Valtris Specialty Chemicals, Clariant, PMC Biogenix, BASF SE, Peter Greven, Faci, FERRO-PLAST, and Exxon Mobil are among the major suppliers of lubricants.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions of lubricants in the global plastic processing market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape of lubricants in the global plastic processing market.

The global bunker fuel market was valued at $137,215.5 million in 2017, and is projected to reach $273,050.4 million by 2025, growing at a CAGR of 9.4% from 2018 to 2025

Retrieved on: 
Tuesday, June 18, 2019

In the marine industry, bunker fuel is classified in two major categories residual fuel oils and distillates.

Key Points: 
  • In the marine industry, bunker fuel is classified in two major categories residual fuel oils and distillates.
  • Rise in offshore exploration & production (E&P) activity and increase in seaborne trade are the factors that drive the growth of the global bunker fuel market.
  • In addition, IMO's regulations of sulfur cap for marine fuels are also expected to drive the growth of the bunker fuel market.
  • High investment cost involved in development of bunker fuel infrastructure and regulatory framework is anticipated to hamper the growth of the bunker fuel market.

The global lubricants market size is projected to reach USD 166 billion by 2025

Retrieved on: 
Monday, June 17, 2019

NEW YORK, June 17, 2019 /PRNewswire/ -- Lubricants Market Size, Share & Trends Analysis Report By Product (Industrial, Automotive, Marine, Aerospace), By Region, And Segment Forecast, 2019 - 2025

Key Points: 
  • NEW YORK, June 17, 2019 /PRNewswire/ -- Lubricants Market Size, Share & Trends Analysis Report By Product (Industrial, Automotive, Marine, Aerospace), By Region, And Segment Forecast, 2019 - 2025
    The global lubricants market size is projected to reach USD 166 billion by 2025.
  • Rapidly growing sales of automobiles, primarily in countries such as India, China, U.S., and Brazil is expected drive the growth.
  • Lubricant manufacturers are increasingly venturing into joint business operations with automotive manufacturers to keep steady profit margins for longer time period.
  • Further key findings from the report suggest:
    Automotive lubricant accounted for the largest market share of nearly 57% in terms of volume in 2018.

Lubricants in the Global Plastic Processing Market Report 2019: Trends, Forecast and Competitive Analysis, 2012-2017 & 2018-2023 - ResearchAndMarkets.com

Retrieved on: 
Monday, June 17, 2019

The "Lubricants in the Global Plastic Processing Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Lubricants in the Global Plastic Processing Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
  • Some of the features of Lubricants in the Global Plastic Processing Market Report: Trends, Forecast and Competitive Analysis include:
    Market size estimates: Lubricants in the global plastic processing market size estimation in terms of value ($M) and volume (Kilotons) and shipment.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions of lubricants in the global plastic processing market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape of lubricants in the global plastic processing market.

INVISTA and Koch-Glitsch Expand Partnership to Offer Innovative ExoS™ Technology to Achieve 10 ppm Sulfur Limit in Gasoline Blendstock While Minimizing Octane Loss

Retrieved on: 
Thursday, June 13, 2019

The technology allows refineries to generate an olefin rich C6/C7 raffinate with less than 10 ppm sulfur that bypasses the FCC naphtha hydrotreater for direct blending.

Key Points: 
  • The technology allows refineries to generate an olefin rich C6/C7 raffinate with less than 10 ppm sulfur that bypasses the FCC naphtha hydrotreater for direct blending.
  • As a revamp, the technology preserves octane number, lowers operating expenditures, and frees up hydrotreater capacity and hydrogen availability.
  • The ExoS solvent is formulated to extract the thiophenic sulfur from the mid-cut naphtha for further processing in the hydrotreater.
  • We are excited to add the ExoS technology to our expanding refinery portfolio, said Mike Massa, INVISTA Performance Technology Licensing Director.

Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Retrieved on: 
Thursday, June 13, 2019

The global lubricants market has been segmented in terms of type, product, and application.

Key Points: 
  • The global lubricants market has been segmented in terms of type, product, and application.
  • Based on product, the lubricants market has been classified into mineral, synthetic, and semi-synthetic.The mineral segment dominated the market in 2017.
  • Based on region, the global lubricants market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.Asia Pacific dominated the global lubricants market in 2017.
  • Market size and forecast for each type, product, and application segment have been provided for the global and regional markets.