• Title/Summary/Keyword: Oil and Gas Market

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Headspace Analysis for Residual Hexane in Vegetable Oil

  • Oh, Chang-Hwan;Kwon, Yong-Kwan;Jang, Young-Mi;Lee, Dal-Su;Park, Jong-Sei
    • Food Science and Biotechnology
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    • v.14 no.4
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    • pp.456-460
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    • 2005
  • To enforce the maximum residue limit for residual hexane (0.005 g/kg) in commercially available Korean vegetable oil, convenient and accurate quantification methods were investigated. Using dual surrogate standards, pentane and heptane were dissolved in ethanol, and then added to hexane-tree sunflower oil for setting up the calibration curve. Gas Chromatograph-Flame Ionization Detector with a porous layer open tubular column, indicated good chromatographic separation of hexane from other inhibiting matrix components. The lowest calibration level was $0.5\;{\mu}g/g$, not exceeding a relative standard deviation of 10% (RSD%), and 1.0\;{\mu}g/g$ not exceeding a deviation of 22% RSD% using heptane as an internal standard for the Static headspace analysis by using a headspace auto-sampler and manual injection, respectively. The residual hexane was detected in nine of the samples among 87 vegetable oil samples purchased on the local market.

Analysis of Major Phytosterol Contents for 10 Kind of Vegetable Oils (식물성 유지 10종에 대한 주요 Phytosterol 함량 분석)

  • Cho, Sang-Hun;Lee, Myung-Jin;Kim, Ki-Yu;Park, Geon-Yeong;Kang, Suk-Ho;Um, Kyoung-Suk;Kang, Hyo-Jeong;Park, Yong-Bae;Yoon, Mi-Hye
    • The Korean Journal of Food And Nutrition
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    • v.34 no.2
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    • pp.217-223
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    • 2021
  • Vegetable oils are a rich source of bioactive substances. Phytosterols in those have been known for many years for their properties for reducing blood cholesterol levels, as well as their other beneficial health effects. Phytosterols are triterpenes that are important structural components of plant cell membranes just as cholesterol does in animal cell membranes. The aim of this study was to provide consumers with information about phytosterol contents in vegetable oils in Korea market. The contents of major phytosterols (campesterol, stigmasterol, β-sitosterol) in 50 vegetable oils of 10 kinds (perilla oil, peanut oil, avocado oil, olive oil, pine nut oil, sesame oil, canola oil, coconut oil, grape seed oil, and sunflower oil) were analyzed by gas chromatography with flame ionization detector. The average contents of vegetable oils containing 5 or more samples were in the order of sesame oil (334.43 mg/100 g), perilla oil (262.16 mg/100 g), grape seed oil (183.71 mg/100 g), and olive oil (68.68 mg/100 g). Phytosterol content of sesame oil and perilla oil was high among vegetable oils.

Potential of Helicopter MRO Business (헬기 MRO 비즈니스의 잠재력)

  • Kim, Joune ho;Hwang, Chang jeon
    • Journal of Aerospace System Engineering
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    • v.8 no.3
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    • pp.34-40
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    • 2014
  • Since the global economic crisis in year 2008, the world civil helicopter market has been growing recently. According to the market outlook in the next decade, the demand of civil helicopter will be driven by the demand of Private & Corporate, Oil & Gas, Off-shore and EMS(Emergency Medical Service) usages. On the other side, the demand of military market will be driven by the modification and upgrading for life extension or performance enhancement than the new helicopter development for replacing old models. To summarize these situations, the demand of MRO(Maintenance, Repair & Overhaul) market has also been on the rise because of the demand due to above several usages in civil side and the life-extension in military side. Through the MRO market analysis for characteristics, developmental trends and a supply chain, this paper describes that the potential of MRO business is considerably large as a propulsive power of domestic helicopter industry. And also, it proposes the construction direction of MRO network because the domestic industry must make the developmental awareness and reliability a stepping-stone towards own helicopter.

Relationship between Baltic Dry Index and Crude Oil Market (발틱 운임지수와 원유시장 간의 상호관련성)

  • Choi, Ki-Hong;Kim, Dong-Yoon
    • Journal of Korea Port Economic Association
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    • v.34 no.4
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    • pp.125-140
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    • 2018
  • This study uses daily price data on three major types of crude oil (Brent, Dubai, and WTI) and BDI from January 2, 2009 to June 29, 2018, to compare the relationship between crude oil prices and BDI for rate of change and volatility. Unlike previous studies, the correlation between BDI and crude oil prices was analyzed both the rate of change and variability, VARs, Granger Causality Test, and the GARCH and DCC models were employed. The correlation analysis, indicated that the crude oil price change rate and volatility affect the BDI change rate and that BDI volatility affects the crude oil price change rate and volatility. The relationship between oil prices and BDI is identified, but their correlation is low, which is likely a result of lower dependence on crude oil as demand for natural gas increases worldwide and demand for renewable energy decreases. These trends could result in lower correlations over time. Therefore, focusing on the changing demand for raw materials in future investments in international shipping(real economy) and oil markets and macroeconomic analysis is necessary.

Applications of High-Quality Base Oil to Specialty Lubricants

  • Moon, Woo-Sik
    • KSTLE International Journal
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    • v.3 no.1
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    • pp.30-37
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    • 2002
  • There have been significant improvements in base oil quality in order to satisfy recent market needs. In particular requirements of passenger car motor oils have been leading the trend. Now, high quality base oils such as VHVI base oils and PAOs are to be formulated in order to meet the tight volatility specifications. The severe hydrocracking, hydro-isomerized dewaxing and hydro-finishing process with noble-metal based catalysts (named UCO lube process) developed by SK corporation has been introduced as one of economic hydroprocessing routes to produce high quality VHVI base oils and food grade white mineral oils from fuels hydrocracker residue. Product quality of UCO lube process is similar to PAO in. general performances and therefore provides satisfactory performance far all straightforward applications in general lubricants. However, when applied to specialty lubricants like transformer oils, spray oils and coning oils, severely hydrocracked base oils are known to have various compatibility problems with gas or surfactants formulated in them. These problems are related to the difference in their composition; inherent high paraffin contents and lack of dissolving ability, Fortunately, it was found that excellent specialty lubricants could be made by carefully selecting and formulating adequate additives and/or aromatic compounds. Moreover, these specialties with high quality VHVI base oils ofter various advantages over conventional base oil based products.

Study on the Fueling Economic Feasibility of Plug-in Hybrid Electric Vehicle (플러그인 하이브리드 전기자동차의 연료 경제성에 관한 연구)

  • Roh, Chul-Woo;Kim, Min-Soo
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.33 no.4
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    • pp.255-263
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    • 2009
  • The most concerning issue of these days is the energy crisis caused by increasing threat of dependence on imported oil and volatile market trend. Under these circumstances, the PHEV(plug-in hybrid electric vehicle) is drawing attention for the next generation's car which could give a chance to decrease the dependence on imported oil and reduce the environmental impact of vehicle. The fueling cost of PHEV, one of the core factor of decision about buying car, should be calculated in the circumstances of Korea to make sure that PHEV has competitive power in real market. The fuel cost saving of PHEV versus CV(conventional vehicle) is simulated and discussed in the condition of increasing gasoline cost, electricity rate, and city-gas rate. In conclusion, the PHEV60-FS shows the best economic feasibility when gasoline price goes up. The PHEV20 has the most stable economic feasibility as electricity rate increases. The fuel cell cogeneration system for RPG could be an alternative for charger of PHEV in the near future.

Information Breakdown Structure of Engineering Phase for Plant Project through Business Analysis (산업설비 업무 분석을 통한 설계단계 정보 분류체계)

  • Song, Young-Woongl;Cho, Hang-Min;Choi, Yoon-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.5
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    • pp.3-15
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    • 2009
  • Recently, it has increased projects in the Oil and Gas industry as growing plant of overseas construction market. Therefore, domestic companies need to set some aggressive plans up that secure competitiveness of international plant business such as enhancing productivity, technological ability and statistical management. Specifically in the Oil and Gas industry of overseas plant business requires implying information in EPC (Engineering, Procurement and Construction, below EPC) more, but it has not been suggested an appropriate breakdown system for contents that manages the information each EPC phase, which lead to problems such as revision of design document, occurring duplicated work and omissions of each participant. For these problems, we find market share decreasing and competitiveness running down. Thus, for increasing practical use of contents management system and construction industry's information, this paper suggests a contents breakdown system based on BPM (Business Process Management), defines business process and systematizing knowledge needed, and finally analyzing contents information that establish information among industrial facilities in Design phase which is the weakest part of domestic companies.

Impact Assessment of Plug-in Hybrid Electric Vehicles on Electric Utilities (플러그인 하이브리드 자동차의 시장 형성 시의 전력망에의 영향 분석)

  • Roh, Chul-Woo;Kim, Min-Soo
    • Proceedings of the KSME Conference
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    • 2008.11b
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    • pp.2001-2006
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    • 2008
  • The most concerning issue of these days is the energy crisis by increasing threat of dependency on foreign oil and its volatility itself. In the situations, the PHEV is drawing attention for the next generation's car which could give a chance to decrease the dependency on foreign oil. As well as, the Korean electric power infrastructure is a strategic national asset that is under utilized most of the time. With the proper changes in the operational paradigm, it could generate and deliver necessary energy to charge the PHEVs which could penetrate the market within few years. In doing so, it would reduce greenhouse gas emissions, improve the economics of the electricity industry, and reduce the energy dependency. This paper investigate the technical potential and impacts of using the existing idle capacity of the electric infrastructure in conjunction with the emerging PHEVs technology to meet the majority of daily energy needs of the Korean LDV fleet.

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A study on market predictions of eco ship's engine and machinery

  • Lee, Kang Ki;Doh, Deog Hee;Kim, Ue Kan;Moon, Hyun Seok
    • Journal of Advanced Marine Engineering and Technology
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    • v.38 no.10
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    • pp.1354-1359
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    • 2014
  • A survey is carried out for the future energy sources to be used for ship's propulsion and ship's machinery and operations. 44 global experts from Korea, America, Norway, Denmark, Japan and German who are currently working in the shipyard and offshore fields participated at the survey. Quantitative predications on the market shares of various energy sources, such as oil, LNG, fuel cell, wind energy, solar energy and nuclear energy are made. MPI (market prediction index) is considered as a quantitative index for easy comparison between future's energy sources used for ship's propulsion and operations. It is expected that the MPI of LNG becomes twofold in 2020 against 'before 2016'. It could be also said that hydrogen based fuel cell is expected to increase rapidly for the coming years unless a new alternative energy appears.

Determination of fusel oil content in various types of liquor distributed in Korea

  • Lee, Soo-Baek;Shin, Jung-Ah;Lee, Ki-Teak
    • Food Science and Preservation
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    • v.24 no.4
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    • pp.510-516
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    • 2017
  • This study was performed to analyze the content of 6 different fusel oils in 9 types of liquor distributed in domestic market. GC-FID method was employed for quantifying fusel oil (1-propanol, iso-butanol, 1-butanol, 2-butanol, iso-amyl alcohol, active amyl alcohol) levels in 260 liquor samples of liquor. Relative standard deviations (%) of intra-and interday measurements were under 1.56 and 2.44%, respectively, while recovery rates (%) were 98.22-105.26% and 98.53-107.15%, respectively. Pretreatment method (filtering and centrifugation) of Takju did not affect analytic results. The average of total fusel oil contents in Yakju (39 types) and fruit wines (30 types) were 497.6 and 151.9 mg/L, showing Yakju contains more fusel oils than Takju or fruit wines. In fruit wines, iso-amyl alcohol was the major fusel oil component (at 6.8-249.0 mg/L). The highest content of fusel oil was found in foreign brandy, whereas the diluted Soju did not contain fusel oils. However, the average of total fusel oil contents was high at 764.5 mg/L in the three types of distilled Soju and iso-amyl alcohol content ranged from 114.2 to 421.0 mg/L. Domestic and foreign beers were similar in terms of their fusel oil compositions and contents. In conclusion, excluding the diluted Soju, the contents of total fusel oils ranged from 114.8 to 1447.3 mg/L in the monitored liquors.