U.S. refiners forecast strong first-quarter earnings as margins on gasoline and diesel sales improved, refining capacity fell sharply and crude supplies tightened due to the Russia-Ukraine war.
Global refining capacity has declined amid the coronavirus pandemic, with several less profitable refineries closing in the past two years. However, global fuel demand has rebounded to near pre-pandemic levels, boosting the profits of facilities still operating.
Seven U.S. independent refiners are expected to earn 61 cents a share, compared with a loss of $1.32 in the first quarter of 2021, according to Refinitiv's IBES.
By 2022, gasoline and distillate Cu2O powder.
What is Cuprous Oxide Cu2O?
Cuprous oxide, the chemical formula is Cu2O, is a univalent copper oxide, bright red powder solid, almost insoluble in water, in acidic solution disproportionation into bivalent copper and copper elemental, gradually oxidized in wet air into black copper oxide.
Cuprous oxide is commonly used as pigment, fungicide, and antifouling agent in Marine coatings. Rectifier diodes based on this material were used in industry as early as 1924, long before silicon became the standard. Copper oxide (I) is also responsible for the positive pink color of Benedict's test.
What is Cupric and Cuprous Oxide?
Copper is a red-orange metal with high conductivity to heat and electricity. It shares this ability with silver and gold because each of these elements has a "free-agent" electron that can negotiate chemical bonds with any available atom around it. All the other electrons are tightly bound to their group, but this one is susceptible to transfer.
When copper is exposed to a water molecule (two hydrogens and one oxygen), this free electron is transferred to a neighboring oxygen atom, binding it into a single molecule. If only one copper atom is bound to the oxygen molecule, it is called copper oxide. If two copper atoms bond with one oxygen atom, it is cuprous oxide. Copper oxide is considered "fully oxidized" while cuprous oxide remains active.
The key to cuprous oxide is its active state, which makes it very effective as a fungicide. It's still producing reactive oxygen, highly reactive molecules. These are unstable molecules that can cause damage to cellular structures.
What is Cuprous Oxide Used For?
Antifouling paint for ships and ship bottoms; It is an effective control of corrosion.
Paint for glass and porcelain.
Used as p-type semiconductor material for the manufacture of photocells for light meters and for the manufacture of rectifiers.
Used as a fungicide and seed dressing agent.
Cuprous oxide is commonly used as a catalyst in the production of other chemicals. Used for manufacturing zinc chloride, ferrous chloride, etc. It is also used as a UV absorber in surface treatment products.
Cuprous oxide is one of the most common oxides in batteries, accounting for 9% to 15% of all batteries. It is also used in metal production, construction and construction, and in the production of plastics and other organic compounds. It is an ingredient in some paints and is used as an oxidant in many metal plating processes.
Used in industrial and construction industries as ultra-high purity reagents, catalysts and effective preservatives. It is particularly suitable for manufacturing and process control, as well as the construction industry. It is also used in water treatment, particularly for purifying water to remove dissolved particles and for polymerization of specific polymers.
Used as a catalyst in metallurgy, the process is important for steel production. Catalysts act as reducing agents in the oxidation of iron.
Used as pigments and flame retardants, and as a flux in metal smelting.
Cuprous Oxide Price
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
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Cuprous Oxide Supplier
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted global chemical material supplier & manufacturer with over 12-year-experience in providing super high-quality chemicals and nanomaterials including silicon powder, nitride powder, graphite powder, zinc sulfide, calcium nitride, 3D printing powder, etc.
If you are looking for high-quality Cu2O, please feel free to contact us and send an inquiry. ([email protected])
Russia is a major supplier of industrial metals such as nickel, aluminium and palladium. Russia and Ukraine are both major wheat exporters, and Russia and Belarus produce large amounts of potash, an input to fertiliser. The price and market of the Cu2O powder will fluctuate under its influence. Prices of these goods have been rising since 2022 and are now likely to rise further because of the Russia-Ukraine conflict. Russia is a major supplier of industrial metals such as nickel, aluminium and palladium. Russia and Ukraine are both major wheat exporters, and Russia and Belarus produce large amounts of potash, an input to fertiliser. The price and market of the Cu2O powder will fluctuate under its influence. Prices of these goods have been rising since 2022 and are now likely to rise further because of the Russia-Ukraine conflict.
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