New York, USA, February 9, 2023 (GLOBE NEWSWIRE) — Overview of the surfactants market According to a comprehensive research report by Market Research Future (MRFR), “Surfactant market Information by Application, Region, End User and Product Type: Forecast to 2030“, the market is estimated to grow at 8.75% CAGR to reach $80 billion by 2030. Market scope Surfactants refer to organic compounds widely used in the soap and detergent industry, the paint industry, the lubricant industry, the food and beverage industry, the textile industry, etc. Surfactant compounds increase the wettability of liquids and act as dispersants, emulsifiers, etc. Get a free…
Author: Automotivedealernews.com
Drilling, engineering and technology company KCA Deutag has closed the acquisition of the Kuwait component of Saipem Onshore Drilling’s assets. The acquisition is part of a wider agreement signed in June 2022, under which Saipem sold its onshore drilling assets to KCA Deutag. The acquisition of the Kuwait component is in addition to previously completed acquisitions of activities in Saudi Arabia, the United Arab Emirates and Africa. The acquisition of the Latin American business along with the platforms in Romania and Kazakhstan is still expected to be completed in the first half of 2023. “By completing the acquisition in Kuwait,…
Toyota Motor is expanding its crossover lineup with the new 2024 Grand Highlander.The vehicle is the latest in a string of automakers trying to ramp up and test their pricing power as consumers spend record amounts on new vehicles.The SUV will be offered with three different powertrains, including two hybrids, setting it apart from many of its main rivals like the Ford Explorer and Kia Telluride.Toyota Grand Highlander 2024ToyotaCHICAGO – Toyota Motor is expanding its segment-leading three-row crossover lineup with the all-new 2024 Grand Highlander, which includes two gasoline hybrid offerings.The automaker revealed the vehicle as a bigger sibling to…
Pune, India, Feb. 08, 2023 (GLOBE NEWSWIRE) — The global market size of marine engines It is projected to grow from $10.54 billion in 2020 to $14.51 billion in 2027, at a compound annual growth rate (CAGR) of 4.7% during 2020-2027. The global market was valued at USD 12.49 billion in 2019. The market is expected to experience significant growth, driven by the expansion of international trade. Versatility in fuel selection for marine propulsion is a key advantage of modern marine engines, offering cost-effectiveness and reducing greenhouse gas emissions within limits. The use of dual-fuel or tri-fuel engines in new-build…
The world was currently in the midst of an energy crisis. This affected countries differently, but it affected all countries. This was emphasized by the deputy executive director of the International Energy Agency (IEA). Mary Burce Warlick in his keynote speech at the Africa Energy Week conference in Cape Town on Tuesday. After the Covid-19 pandemic, this had increased the pressure on the finances of African countries. One consequence of this was that between 2019 and 2021, according to IEA data, the number of Africans with access to electricity had decreased by 4%, or 25 million people. This contrasted with…
STOCKHOLM (Reuters) – Sweden-based Volvo Cars said on Thursday that 2023 looked like another challenging year despite good demand for its vehicles as it reported a fall in quarterly profit.Volvo Cars, which is majority-owned by Chinese carmaker Geely Holding, said fourth-quarter operating profit fell to 3.4 billion Swedish crowns ($322.2 million) from 3.7 billion a year ago one year.”While 2023 looks set to be another challenging year, we are hopeful that the supply shortages related to China’s COVID-19 are behind us and that we continue to see steady improvement in semiconductor supply,” he said in a statement.”Despite global turbulence, uncertainty…
February 9, 2023: USA Today has reported that more than 65,000 vehicles have been recalled due to issues related to airbags, fires and power losses reported to the National Highway Traffic Safety Administration. A list compiled by WPXI shows all the models that have been affected.Hyundai has recalled 326 of its new Santa Fe plug-in hybrid models due to a fuel tank problem, and Kia has also had the same problem, recalling 34 Sorentos.Kia has also recalled 31,943 of its 2023 Telluride SUVs because of an “improperly manufactured” wiring harness that results in a side airbag that can prevent them…
Readers of my column and listeners of my weekly radio show, “Earl on Cars,” have heard my “Mystery Shopping Reports.” For 20 years, I have sent a secret shopper to various car dealerships looking to buy or lease a car that is advertised and reports on the experience. Based on their experiences, dealers are listed as “Good Dealers” or “Bad Dealers” on my website, www.EarlOnCars.com. Last week my buyer visited the Car-Max used car lot in Royal Palm Beach. CarMax is the largest used car retailer in the United States with hundreds of locations and has always been at the…
Endurance Technologies expects the potential of the aftermarket segment to reach $100 million in three to five years, and multi-product manufacturing expects a share of it. Aurangabad-based Tier 1 manufacturer Endurance Technologies, the country’s largest supplier of parts for two-wheelers and three-wheelers, is adopting a two-pronged strategy to expand its footprint and margins in markets nationals and foreigners. The diversified company has 29 plants in India and Europe. It also exports products to more than 31 countries, including newly joined countries such as Rwanda, Burundi, Brazil and Vietnam. The Indian arm generated around Rs 421 crore in sales…
The US Energy Information Administration (EIA) has revealed its latest Brent oil price forecast in the February edition of its Short-Term Energy Outlook (STEO), which was released on Tuesday afternoon. According to the STEO, the EIA sees spot Brent averaging $83.63 per barrel in 2023 and $77.57 per barrel in 2024. In its previous STEO, which was released in January, the EIA projected that the Brent spot price would average $83.10 per barrel. barrel in 2023 and $77.57 per barrel in 2024. “Last month we highlighted oil demand in China and oil production in Russia as two of the main…