News Article | May 8, 2017
· Increasing vehicle production is driving the antifreeze market for the automotive industry. · The antifreeze market for original equipment is projected to grow at a CAGR of 5.18% from 2016 to 2021, to reach a market size of USD 885.1 million by 2021. · The growth of the automotive engine coolant market is directly linked to the rising vehicle production. · Passenger cars are expected to witness the highest demand for antifreeze. · According to OICA, the production of passenger cars around the globe has grown from 68.6 million units in 2015 to 72.1 million units in 2016 at a rate of 5.1%. · According to Trading Economics statistics, the U.S. GDP per capita increased from USD 50,727.8 in 2014 to USD 51,638.1 in 2015, which led to increased purchasing capabilities of consumers. · Glycerine is expected to be the fastest growing base product market for antifreeze in the automotive industry. · North America: Largest and fastest growing antifreeze market for the automotive industry in Original Equipment (OE) segment. "Increasing vehicle production is driving the antifreeze market for the automotive industry" The antifreeze market for original equipment is projected to grow at a CAGR of 5.18% from 2016 to 2021, to reach a market size of USD 885.1 million by 2021. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), the global vehicle production in 2015 was ~92 million units and is projected to grow to ~125 million units by 2021, at a CAGR of 5.40% from 2016 to 2021. This growth in vehicle production can be attributed to rising per capita income, increased preference for personal transport, and improved infrastructure. The growth of the automotive engine coolant market is directly linked to the rising vehicle production. Thus, rising vehicle production is one of the key drivers for the increase in demand for engine coolant in the original equipment market. Growing demand for battery operated vehicles is acting as a key restraint for the antifreeze market, especially in countries such as Norway, the Netherlands, and China, where the government has implemented stringent emission regulations. However, the impact of this growth is expected to be low for the next five years. "Passenger cars are expected to witness the highest demand for antifreeze" According to OICA, the production of passenger cars around the globe has grown from 68.6 million units in 2015 to 72.1 million units in 2016 at a rate of 5.1%. The increased sales of passenger cars is due to the improved standard of living and rise in per capita income in various countries. According to Trading Economics statistics, the U.S. GDP per capita increased from USD 50,727.8 in 2014 to USD 51,638.1 in 2015, which led to increased purchasing capabilities of consumers. Thus, the sales and production of passenger cars are increasing and leading to increased demand for engine coolant and antifreeze. "Glycerine is expected to be the fastest growing base product market for antifreeze in the automotive industry" Antifreeze base fluids are toxic in nature. This has compelled manufacturers to switch to less toxic alternatives. Also, glycols used for antifreeze are manufactured from crude oil filtration, which may lead to a higher demand for fossil fuels such as crude oil and can have a negative impact on the environment. Hence, bio-based options such as glycerin are getting recognized in the market for their environment-friendly nature. These bio-based antifreeze are manufactured from materials such as corn, stover, and other oil bearing resources. Manufacturers are venturing into this market with products such as the Susterra brand of DuPont Tate & Lyle Bio Products (U.S.), which is produced using a bio-based glycol named 1, 3-Propanediol (PDO). This glycol is completely manufactured using renewable and bio-based materials and is suitable for passenger cars and other light and heavy duty vehicles. "North America: Largest and fastest growing antifreeze market for the automotive industry in Original Equipment (OE) segment" The North American region leads the antifreeze market for the automotive industry, owing to the higher production and demand for large engine capacity vehicles in this region such as extended cabs. The automotive market in this region is inclined towards SUVs and light trucks, owing to their off-road capabilities and better traction in changing weather conditions. According to OICA, the light commercial vehicle production in North America increased from 10.4 million units in 2015 to 11.0 million units by 2016 at a rate of 5.7%, which is above the global growth rate of 2.7%. Also, LCVs in North America have a higher antifreeze requirement, as compared to other regions. These factors have contributed to the higher market size of automotive antifreeze in this region. Additionally, the automotive industry of North America is one of the most advanced across the globe with substantial investments in R&D activities, infrastructure, and new production facilities driving the overall automotive antifreeze market. BREAKDOWN OF PRIMARIES The study contains insights provided by various industry experts, ranging from antifreeze raw material suppliers to antifreeze/coolant manufacturers. The break-up of the primaries is as follows: - By Company Type: Tier-1—16%, Tier-2—67%, and OEMs—17% - By Designation: D level—16%, C-level—67%, and Other (includes R&D heads and experts from the chemical industry)—17% - By Region: North America—50%, Asia-Pacific—33%, Europe—17% The report provides detailed profiles of the following companies: - B.P. PLC. (U.K.) - Royal Dutch Shell PLC (Netherlands) - Total (France) - Chevron Corporation (U.S.) - Exxon Mobil Corporation (U.S.) - China Petrochemical Corporation (China) - BASF SE (Germany) - Cummins, Inc. (U.S.) - Motul (France) - Prestone Products Corporation (U.S.) Research Coverage: The report provides a picture of the antifreeze market across different verticals and regions for the automotive and off-highway industry. It aims at estimating the market size and future growth potential of the antifreeze OE by vehicle type, product, additive technology, construction equipment engine coolant OE market by application, and engine coolant aftermarket by additive technology and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies. Reasons to Buy the Report: The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the antifreeze market in the automotive industry and the subsegments as well as for construction equipment. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities. Read the full report: http://www.reportlinker.com/p04883663/Antifreeze-Market-by-Vehicle-Type-Product-Engine-Coolant-Additive-Technology-OE-Aftermarket-Region-and-Construction-Equipment-Engine-Coolant-Market-by-Application-Forecast-to.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/antifreeze-market-to-reach-the-value-of-usd-8851-million-by-2021-300453649.html
News Article | May 22, 2017
The market for refinery catalysts in the oil refining sector at $4,967 million in 2016 is expected to be worth $6,490 million by 2023, growing at 3.8% on average between 2017 and 2023. There are 500 FCC units being operated globally, each of which requires a constant supply of FCC catalysts. There are 3,000 HPC units being operated globally, or a capacity of approximately 44 million barrels per day, each of which typically requires replacement HPC catalysts once every one to four years. The study is designed to give a comprehensive overview of the Refinery Catalysts market segment. Research represents a selection from the mountains of data available of the most relevant and cogent market materials, with selections made by the most senior analysts. Commentary on every aspect of the market from independent analysts creates an independent perspective in the evaluation of the market. In this manner the study presents a comprehensive overview of what is going on in this market, assisting managers with designing market strategies likely to succeed. The study addresses hydroprocessing catalysts and FCC catalysts. Hydroprocessing catalysts are used to create cleaner fuels - especially ULSD. Demand for cleaner fuels is driving the market. Refining catalysts are experiencing strong growth. New fuel standards are coupled with refineries increasing use of heavier and dirtier feedstocks and major additions to refining capacity. The refinery catalyst market is thus boosted by the fact that the efficient use of catalysts can help the manufacturers' better address the increasing energy demand. Fluid catalytic cracking (FCC) is the conversion process used in petroleum refineries. It is widely used to convert the high-boiling, high-molecular weight hydrocarbon fractions of petroleum crude oils to more valuable gasoline, olefinic gases and other products. According to the principal author of the study: Fluid Catalytic Cracking (FCC) petroleum refining products overcome limiting factors affecting refinery capacity and operating flexibility to deliver value and performance. Catalysts are a crucial component in the processing of highly valued petrochemicals, gasoline, diesel and other fuels. Key Topics Covered: REFINERY CATALYSTS EXECUTIVE SUMMARY - Refinery Catalysts Market Driving Forces - Change Is the Only Constant - Shift In Refiners' Raw Material Consumption Toward Heavier Feedstocks - Lower Sulfur Specifications Worldwide - Refinery Catalysts Market Shares - Refinery Catalysts Market Forecast 2016 1. REFINERY CATALYSTS MARKET DESCRIPTION AND MARKET DYNAMICS 1.1 Fluid Catalytic Cracking FCC Catalysts And Hydroprocessing Catalysts 1.2 Identifying Trends In The Refining Catalyst Market 1.3 Process Catalysts 1.4 Refining Catalysts 1.5 Market Changes Impacting Refineries 1.6 Refinery Catalysts: Suppliers Tap Emerging Markets 1.7 Global Refining Industry Additions 1.8 Oil Refineries 1.9 Diesel 1.10 Hydrotreating 1.11 Fluid Catalytic Cracking (FCC) 1.12 Reforming 1.13 Refinery Costs and Supply 1.14 Fuel Consumption In Transportation 1.15 Natural Gas Energy Market Growth 2. REFINERY CATALYSTS MARKET SHARES AND FORECASTS 2.1 Refinery Catalysts Market Driving Forces 2.2 Refinery Catalysts Market Shares 2.3 Refinery Catalysts Market Forecast 2016 2.4 Refinery Catalyst Molybdenum and Momentum 2.5 Hydroprocessing Refinery Catalysts 2.6 Hydroprocessing Refinery Catalyst Market Shares 2.7 Fluid Catalytic Cracking FCC Refinery Catalysts 2.8 Reforming Refinery Catalysts 2.9 Chemical Synthesis, Petroleum Refining And Polymerization Catalysts 2.10 Refinery and Refinery Catalyst Industry Mergers and Acquisitions 2.11 Refining, Re-Refining, and Biofuel Catalysts 2.12 FCC Crude Oil Refinery Catalysts for Refinement 2.13 Re-Refining Of Used Motor Oil: Re-Refining Processes Have Had Serious Difficulties 2.14 Biofuel and Biochemicals 2.15 International Oil Companies (IOCs) Disposing Of Downstream Refinery Assets 2.16 World Consumption of Energy 2.17 Lithium 2.18 Global Refinery Catalyst Market, By Metals Products 2.19 Prices for Refining Catalysts 2.20 Refinery Catalyst Regional Analysis 3. REFINERY CATALYSTS PRODUCT DESCRIPTION 3.1 Overview Oil Refinery Catalysts 3.2 Albemarle Refining Solutions 3.3 Haldor Topsoe Hydroprocessing Worldwide 3.4 Chevron and Grace / ART Hydrotreating Catalysts 3.5 Advanced Energy Materials 3.6 Axens Hydrocracking 3.7 Shell CRI Hydrotreating Catalysts 3.8 Johnson Matthey HYTREAT 3.9 BASF Hydrogenation 3.10 Axens Renewable Oils & Fats Hydroprocessing 3.11 UNICAT Catalyst Technologies 3.12 Reforming Catalysts 3.13 Haldor Topsoe Reforming Catalysts 3.14 Honeywell UOP CCR Catalyst 3.15 SINOPEC Catalyst Company FCC, Hydrocracking Catalysts, Residual Oil Hydrogenation Catalysts, Reforming Catalysts 3.16 Clariant Catalysts 3.17 Grace 3.18 Albemarle FCC 3.19 BASF FCC Proximal Stable Matrix and Zeolite (Prox-SMZ) 3.20 Rive Technology and Grace Davison 3.21 Johnson Matthey FCC Additives & Catalyst Handling Technologies 4. REFINERY CATALYSTS RESEARCH AND TECHNOLOGY 4.1 NanoWireXTM - AdEM's bulk production technology for nanowire powders 4.2 Nanotechnology Catalyst Technology Developments 4.3 Global Energy Demands 4.4 Hydrocracking Technology 4.5 UOP Reforming Catalysts 4.6 Sweetening Catalysts 4.7 Isomerization Catalysts 4.8 Zeolite Chemistry 4.9 Rare Earth Strategies 4.10 Increased Focus On Benzene Management 4.11 Emerging Catalysts 4.12 Bromide 5. REFINERY CATALYSTS COMPANY PROFILES 5.1 Advanced Energy Materials LLC 5.2 Advanced Refining Technologies (ART) 5.3 Air Products 5.4 Albemarle 5.5 ART Hydroprocessing Catalysts 5.6 BASF 5.7 Chevron 5.8 Clean Diesel Technologies 5.9 Clariant AG / Süd-Chemie AG, Munich, a Subsidiary of the Swiss company 5.10 Dow 5.11 Evonik Industries 5.12 ExxonMobil Catalysts and Licensing LLC 5.13 Haldor Topsoe 5.14 Headwaters Technology Innovation (HTI) 5.15 Honeywell / UOP 5.16 IFP Energies Nouvelles Group Company / Axens / Eurecat 5.17 Indian Oil Corporation 5.18 Johnson Matthey 5.19 KBR Hydroprocessing 5.20 Nanostellar 5.21 Petrobras Partnership with Albemarle 5.22 Quantiam Technologies Inc. 5.23 Shell / Criterion - CO2 Polishing Catalyst - Dioxin Destruction - Ethylene Oxide - Guard Bed Materials - N2O Abatement - Selective Hydrogenation Catalysts - VOC Catalyst & CO Catalyst - Environmental Catalysts - Full Hydrogenation Catalysts - Membranes - Renewables - SCR Catalyst (DeNOX) - Vinyl Acetate Monomer Catalyst - Research and development - Shell Global Solutions Technology Licensing - Shell Global Solutions products and services - opens in new window 5.24 Shoaibi Group / General Technology & Systems Company Ltd (GENTAS) 5.25 Sinopec China Petrochemical Corporation 5.26 UNICAT Catalyst Technologies 5.27 WR Grace 5.28 Zeochem 5.29 Zeolyst 5.30 Selected Refinery Catalyst Companies For more information about this report visit http://www.researchandmarkets.com/research/lsvt8j/refinery Research and Markets Laura Wood, Senior Manager email@example.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-496-billion-refinery-catalysts-market-shares-strategies-and-forecasts-2017-2023---research-and-markets-300461544.html
Gu M.,CAS Beijing Institute of Genomics |
Dong X.,University of Houston |
Zhang X.,China Petrochemical Corporation |
Niu W.,Shanghai JiaoTong University
Molecular Biology Reports | Year: 2012
Abstract The association between the polymorphic CAG repeat in androgen receptor gene (AR) and prostate cancer susceptibility has been studied extensively. However, the results are contradictory. The purpose of our meta-analysis was to investigate whether CAG repeat related to prostate cancer risk and had genetic heterogeneity across different geographic regions and study designs. Random-effects model was performed irrespective of between-study heterogeneity. Data and study quality were assessed in duplicate. Publication bias was assessed by the fail-safe number and Egger's test. There were 16 (patients/controls: 2972/3792), 19 (3835/4908) and 12 (3372/2631) study groups for comparisons of C20, 22 and 23 repeats of CAG sequence, respectively. Compared with CAG repeat<20, 22 or 23, carriers of ≥20, 22 or 23 repeats had 21% (95% CI: 0.61-1.02; P = 0.076), 5% (95% CI: 0.81-1.11; P = 0.508) and 5% (95% CI: 0.76-1.20; P = 0.681) decreased risk of prostate cancer. After classifying studies by geographic areas, carriers of ≥20 repeats had 11% decreased risk in populations from USA, 53% from Europe, and 20% from Asia (P>0.05), whereas comparison of ≥23 repeats with others generated a significant prediction in European populations (OR = 1.17; P = 0.039). Stratification by study designs revealed no material changes in risk estimation. Meta-regression analysis found no significant sources of between-study heterogeneity for age, study design and geographic region for all comparisons. There was no identified publication bias. Taken together, our results demonstrated that AR CAG repeat polymorphism with C20 repeats might confer a protective effect among the prostate cancer patients with 45 years older but not all the prostate cancer patients. © Springer Science+Business Media B.V. 2011.
Yan D.-P.,China University of Geosciences |
Yan D.-P.,University of Hong Kong |
Zhou M.-F.,University of Hong Kong |
Li S.-B.,China PetroChemical Corporation |
Wei G.-Q.,China University of Geosciences
Tectonics | Year: 2011
The Longmen Shan thrust belt in the eastern margin of the Tibetan Plateau underwent deformation of D1 associated with the Late Triassic collision between the North and South China Blocks, followed by deformation of D2 and D3 related to the eastward growth of the Tibetan Plateau. The D1 is marked by moderately tight folds (f1), spaced cleavage (S1), mineral lineation (L1), multistage reactivated faults, and top-to-the south thrusting. This deformation initiated before 237 Ma and ended at 208 Ma. The 193-159 Ma D2 deformation is top-to-the-southeast directed and normal ductile in nature and was associated with the formation of half-graben basins. The Mesozoic deformation of the Longmen Shan belt was related to the subduction of the Paleo-Tethys oceanic lithosphere, followed by the South China Block underneath the Songpan-Ganze Terrane. The D1 was produced in the pro-side of the overriding Songpan-Ganze plate, most probably driven by slab corner flow above the retreating South China Block. The D2 and extensional Songpan-Ganze turbidite basin were produced by roll-back and migration of the overriding plate above the retreating subduction zone. This model for the deformation from D1 to D2 is similar to a Mediterranean-style model. The D3 is characterized by SE-ward thrusting with stepwise migration of rapid denudation and dextral strike-slip faulting during the Late Cretaceous to present. Therefore, the Longmen Shan thrust belt involved Mesozoic compressional and extensional events that were overprinted by the Late Cretaceous to Cenozoic compressional event. Copyright 2011 by the American Geophysical Union.
News Article | March 1, 2017
News Article | November 30, 2016
The new research report on Petroleum Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2022. The report on global petroleum market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research done by the analysts. The study extensively provides the market share, growth, trends and forecasts for the period 2016-2022. The market size in terms of volume (Mn bbl) and revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints). A glimpse of the major drivers and restraints affecting this market is mentioned below: B. Restraints > Strict government regulation associated with environment > Exhausting resources > Presence of substitute The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities. The report classifies the market into different segments based on type, processing, and application. The study incorporates periodic market estimates and forecasts at regional and country level. The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such China Petrochemical Corporation (Sinopec Group), Phillips 66 Company, Exxon Mobil Corporation, Royal Dutch Shell, BP p.l.c., Total SA, Chevron Corporation and ConocoPhillips Co. A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments. SEGMENTATIONS IN THE REPORT: 1. By Types > Fuel Oil > Liquefied Petroleum Gas 2. By Processing > Upstream > Downstream > Pipeline > Marine 3. By Applications: > Oil Products > Natural Gas > Petrochemical > Lubricants 4. By Geography: > North America > Europe > Asia Pacific > Latin America > Middle East And Africa 1. INTRODUCTION 2. EXECUTIVE SUMMARY 3. PETROLEUM MARKET ANALYSIS 4. PETROLEUM MARKET ANALYSIS BY TYPE 5. PETROLEUM MARKET ANALYSIS BY PROCESSING 6. PETROLEUM MARKET ANALYSIS BY APPLICATION 7. PETROLEUM MARKET ANALYSIS BY GEOGRAPHY 8. COMPETITIVE LANDSCAPE OF PETROLEUM MARKET COMPANIES 9. COMPANY PROFILES OF PETROLEUM MARKET INDUSTRY DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.
News Article | December 6, 2016
CALGARY, AB--(Marketwired - December 06, 2016) - Sinopec Canada is pleased to announce that it was the recipient of the Gold Business Excellence Award from the Canada China Business Council (CCBC) in the category of Chinese Investment in Canada. The award was presented at the CCBC's biennial luncheon held in Toronto on December 2, 2016. The independent panel of judges highlighted Sinopec Canada's cultural integration, community investment and contributions to the Canadian economy in announcing the selection. "We are honoured and humbled to receive this award from the CCBC," stated Brian Tuffs, Sinopec Canada's Chief Executive Officer. "We pride ourselves on the collaborative nature of our organization as we seek to leverage Sinopec's technical expertise in Canada and abroad to maximize the sustainability and profitability of our operations in Canada. Sinopec Canada also would like to take the opportunity to acknowledge the CCBC for its efforts in recognizing the successes of many other companies focused on the Canada-China bilateral relationship." Additional information regarding the award can be found at the following link: https://www.youtube.com/watch?v=dz10Zwqy69U About Sinopec Canada Sinopec Canada is a diversified unconventional oil and natural gas company. The Company has a balanced mix of crude oil, liquids-rich and resource play natural gas, and holds a 9.03% interest in the Syncrude Oil Sands Joint Venture and is a 10% partner in the Pacific Northwest LNG Project. Sinopec Canada is a business unit of Sinopec International Petroleum Exploration and Production Corporation (SIPC) and is indirectly owned by China Petrochemical Corporation (Sinopec Group), one of the world's largest energy companies. Sinopec Canada is a trade name of Sinopec Daylight Energy Ltd., Sinopec Canada Energy Ltd. and SinoCanada Petroleum Corporation
News Article | December 20, 2016
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Chlorobenzene Market Size, Share, Development, Growth and Demand Forecast to 2022" report to their offering. Chlorobenzene is a colorless and flammable aromatic organic compound. It is also known as phenyl chloride or benzene chloride. It is produced by benzene chlorination in the presence of catalyst and acids, such as anhydrous aluminum chloride, ferric chloride and sulfur chloride. The global chlorobenzene market is witnessing growth, owing to its large volume applications in chemical industry. There are several types of chlorobenzene, such as monochlorobenzene, orthodichlorobenzene, paradichlorobenzene, trichlorobenzene, tetrachlorobenzene and hexachlorobenzene. Some of the players operating in the global chlorobenzene market include Beckmann-Kenko GmbH, Jiangsu Yangnong Chemicals Group Co., Ltd., Meryer (Shanghai) Chemical Technology Co., Ltd., J&K Scientific Ltd, China Petrochemical Corporation, Kureha Corporation, Applichem GmbH and Chemada Fine Chemicals. For more information about this report visit http://www.researchandmarkets.com/research/22cm2g/global
News Article | February 17, 2017
BEIJING, Feb. 17, 2017 /PRNewswire/ -- China Energy Company Limited (CEFC China) is ranked 34th among the Fortune Global 500's energy industry list. Among the top ten Chinese energy companies who enter the Global 500, CEFC China is the only private company. On the list of 2016 Fortune Global 500, there are 77 companies worldwide that deal in oil, coal, natural gas, electricity and electrical power, 24 of which are Chinese companies. CEFC China is ranked 8th among China's top ten energy companies. Other names in the top ten include State Grid Corporation of China, China National Petroleum Corporation, China Petrochemical Corporation, China Southern Power Grid Co., Ltd., China National Offshore Oil Corporation, The Power Construction Corporation of China, China Huaneng Group, Jizhong Energy Group Co., Ltd and the Shenhua Group Corporation Ltd. Compared with 2015, the ranking of CEFC China jumped 113 positions to reach 229th in the Fortune Global 500, with a business revenue of USD 41.845 billion. In 2016 CEFC China completed the transaction of controlling stock of Kazakhstan national petroleum international corporation, thus reinforcing control over oil terminals in a dozen countries in the Black Sea and Mediterranean region. CEFC China gained four percent of equities in the biggest developed oil gas field in Abu Dhabi. The relevant agreement will be signed soon. Adding CEFC China's sales equity for 10 million tons of oil and gas from Abu Dhabi, CEFC China will be able to increase imports by over 13.2 million tons of crude oil to China each year. The company has succeeded in entering the upstream of West Africa's oil gas industry by completing stock transactions in Chad oil gas project. CEFC China has built in China oil reserve bases with a capacity of over three million cubic meters. The reserve bases have been put into operation and provide strategic oil reserves for China State Reserve Bureau. This project by CEFC China will increase reserves by three days for the whole country. At the end of 2016, the China-Kazakhstan liquefied petroleum gas railway transportation, which was funded by CEFC China, was completed. This project greatly strengthened oil gas import capabilities for China's northwestern region. With the launching and pushing forward of such key projects, CEFC China is completing its international energy strategy. CEFC China will achieve greater goals in oil and gas industry in 2017. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cefc-china-ranks-34th-among-world-energy-companies-only-private-company-in-chinas-top-ten-energy-companies-300409427.html
News Article | February 15, 2017
DuPont Clean Technologies (DuPont) announces that China Petrochemical Corporation (Sinopec) has awarded DuPont the license and engineering contract for its STRATCO® Alkylation Technology. The new unit is to be located at the existing Sinopec Tianjin Company (TPCC) refinery in the Tianjin Binhai New Area district. The addition of the STRATCO® sulfuric acid alkylation unit will improve the quality of the existing refinery gasoline pool to ensure compliance with the China V standard. Designed by DuPont, the STRATCO® alkylation technology is the established global leader in the industry with over 90 units licensed worldwide and more than 850,000 BPSD (33,300 kmta) of installed capacity. For more than 80 years, the STRATCO® technology has helped refineries safely produce cleaner-burning fuel with high octane, low Rvp, low sulfur and zero olefins. Construction of the new 7,700-bpsd (300-kmta) alkylation unit is expected to begin in early 2017 with TPCC aiming for start-up by late 2017 or early 2018. TPCC is the largest oil refiner in North China with primary crude oil processing capacity of 15.5 million tons per year. The STRATCO® alkylation unit will be designed to meet TPCC’s requirements and will include the latest innovations from DuPont, which provide superior product quality, reduced catalyst consumption and reduced utility requirements. Along with the license and engineering package, DuPont also will provide proprietary equipment and operator training/commissioning assistance for the alkylation unit. Kevin Bockwinkel, global business manager for the STRATCO® alkylation technology said, “We look forward to working with Sinopec and TPCC and enhancing our strong relationship with the addition of a STRATCO® alkylation unit at Tianjin. The new unit will enable the refinery to produce clean fuel safely and reliably while improving the overall gasoline pool quality. We have STRATCO® alkylation units operating at almost 100 locations around the world – with some in operation since the 1940s, so we value Sinopec’s commitment to utilizing best-in-class technology.” The STRATCO® alkylation technology is licensed and marketed by DuPont as part of its Clean Technologies portfolio in Overland Park, Kan. DuPont is committed to alkylation research and has extensive experience in assisting refiners with alkylation design, start-ups, test runs, troubleshooting, optimization, revamps, expansions, analytical testing, operator training, turnarounds and HAZOP studies. The STRATCO® Contactor™ reactor is the key to the technology’s superior product quality, reliability and operability. DuPont continuously produces improvements in the design of the Contactor™ reactor with the most recent being the patented XP2 technology. The DuPont Clean Technologies division applies real-world experience, history of innovation, problem-solving success, and strong brands to help organizations operate safely and with the highest level of performance, reliability, energy efficiency and environmental integrity. The Clean Technologies portfolio includes STRATCO® alkylation technology for production of clean, high-octane gasoline; IsoTherming® hydroprocessing technology for desulfurization of motor fuels; MECS® sulfuric acid production and regeneration technologies; BELCO® air quality control systems for FCC flue gas scrubbing, other refinery scrubbing applications and marine exhaust gas scrubbing; MECS® DynaWave® technology for sulfur recovery and tail gas-treating solutions; and a comprehensive suite of aftermarket service and solutions offerings. Learn more about DuPont Clean Technologies at http://www.cleantechnologies.dupont.com. DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials and services since 1802. The company believes that by collaborating with customers, governments, NGOs and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com. The DuPont Oval Logo, DuPont™ and all products denoted with ® or ™ are registered trademarks or trademarks of E.I. du Pont de Nemours and Company or its affiliates.