• Title/Summary/Keyword: Petroleum products

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Development of a Solubilization Product Containing Oleanolic Acid with Hydrogenated Lecithin (천연 유래 수첨 레시틴을 이용한 올레아놀릭산 가용화 제형 개발)

  • Pi, Bong-Soo;Choi, Dong-Won;Park, Sung-Il;Nam, Jin;Kim, Youn-Joon;Han, Sang-Hoon
    • Journal of the Society of Cosmetic Scientists of Korea
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    • v.37 no.4
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    • pp.289-295
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    • 2011
  • Recently, the number of customers who want natural cosmetics without petroleum originated cosmetic ingredients is increasing over the world, however, there are few natural cosmetics that claim functionality in the products. Because there are few functional cosmetic ingredients from nature and though so, it is very difficult to stabilize the final products manufactured by using those functional cosmetic ingredients in the long period. This study is on stabilization of oleanolic acid, insoluble anti-wrinkle cosmetic ingredients from nature, with hydrogenated lecithin in the solubilization product, aiming for developing a formulation of solubilization products which can be certified as organic cosmetics. In case of other synthetic solubilizers, they showed unstability at $45^{\circ}C$ within 2 ~ 3 days, however, for natural origin hydrogenated lecithin a stable product was made without particle size change during 4 weeks. The stability of oleanolic acid in the solubilization product was measured for 24 weeks at $25^{\circ}C$ and $40^{\circ}C$, both samples showed over 90 wt% value of the initial one, which can prove that oleanolic acid was stabilized in the product without any degradation. Also through clinical tests, the effect of moisturizing, anti-wrinkle, safety were confirmed.

Competitiveness of Energy Intensive Manufacturing Industries on Greenhouse Gas Mitigation Policies: Using Price Setting Power Model (온실가스 저감정책에 대한 에너지 다소비 제조업의 경쟁력 분석: 가격설정력 모형을 이용하여)

  • Han, Minjeong;Kim, Youngduk
    • Environmental and Resource Economics Review
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    • v.20 no.3
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    • pp.489-529
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    • 2011
  • When greenhouse gas mitigation policies are implemented, energy intensive manufacturing industries are influenced much due to an increase in cost. However, industries that have price setting power are damaged less by the policies. Therefore, this paper analyzes vulnerability of energy intensive manufacturing industries to the policies by measuring price setting power of the industries. We analyzed price setting power model through ECM, employing the import prices and wages as independent variables. The industries that their prices react to import prices are price takers, which their prices are determined by rival's ones. On the other hand, the industry that their prices react to wages that mean domestic cost are price setters, and they will be less vulnerable to the policies. In addition, fluctuation of energy prices would be reflected in import prices because it influences other countries than my one. Thus, we employed energy prices as control variable to measure the net effects of import prices. As empirical results, petroleum products, chemical products, non-metallic mineral products, textiles, and motor vehicles sector have price setting power, so the industries have competitiveness on greenhouse gas mitigation policies.

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Asymmetric Impacts of the Crude Oil Price Changes on Korea's Export Prices (국제유가 변동이 수출물가에 미치는 비대칭적 영향)

  • Hong, Sung-Wook;Kim, Hwa-Nyeon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.4
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    • pp.663-670
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    • 2016
  • This paper analyzes the asymmetric pass-through effects of crude oil price changes on export prices in Korea's manufacturing sector using a nonlinear autoregressive distributed lag (NARDL) model. These pass-through effects are important for Korean companies that are highly dependent on exports. Because the effects differ by industry, eight sectors of the manufacturing industry were examined. The model is effective for separately testing the long-term and short-term differences between the export-price pass-through effects when crude oil prices increase and decrease. The estimation results show that there is positive pass-through to export prices as crude oil prices change, and there are asymmetric effects in some manufacturing sectors. Short-term asymmetries were detected in the export prices of five sectors that include general machinery and transport equipment, and significant long-term asymmetries were found for petroleum and coal products and for textile and leather products. The long-term export price of oil and coal products rose by 0.992% with a 1% increase in the oil price and fell by 0.977% with 1% decrease. Therefore, corporate strategies and government export policies should be established in accordance with these asymmetric pass-through effects.

An Analysis of the Port Competition Structure: Focusing on Import and Export Items of Ports in Western Coast Region (항만의 경쟁구조 분석에 관한 연구: 서해안권 항만 수출입품목을 중심으로)

  • Lee, Jin-Kyu;Yeo, Gi-Tae
    • Journal of Korea Port Economic Association
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    • v.31 no.4
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    • pp.75-89
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    • 2015
  • This study examines 31 import and export cargo items handled in each port to investigate which items face the most competition among the ports and how many of them are transited to other ports. The study aims to suggest implications for the future port policy of Incheon Port. It was found that the volume concentration in the Western Coast region from 2005 to 2014 became increasingly decentralized. The decentralization began in earnest in 2009 in particular, and the value was 0.448 in 2014, indicating fierce competition among the regions. According to the static and dynamic positioning analyses results for Incheon Port, Pyeongtaek and Dangjin Port, and Gunsan Port, using BCG Matrix, the static positioning analysis showed that Incheon Port belongs to the 3rd quadrant (Cash Cows), Pyeongtaek and Dangjin Port belongs to the 2nd quadrant (Question Marks), and Gunsan Port belongs to the (Dogs) group. This implies that Incheon Port has maintained its position with large shares compared to those of other ports, despite its low growth rate. However, the market position and growth rate of Incheon Port decreased according to the dynamic positioning analysis results. The shift-share analysis results indicated that the volumes of Incheon Port and Gunsan Port were shifting to Pyeongtaek and Dangjin Port. Moreover, the ratio of absolute growth to potential growth of Incheon Port and Gunsan Port turned out to be significantly lower than that of Pyeongtaek and Dangjin Port, implying that Incheon Port and Gunsan Port are declining as compared to Pyeongtaek Port and Dangjin Port. According to the LQ index analysis results, specialized items from Incheon Port that do not overlap with other ports included the following ten items: meat, fish and crustaceans, bituminous coals, crude oil and petroleum, petroleum-refined products, plastic rubber and products, textiles, nonferrous metal and products, electric machinery, and aircrafts and ships. In particular, it was confirmed that the bulk cargo of Incheon Port was actually shifting to Pyeongtaek and Dangjin Port following the policy of re-establishing port functions.

The Change of Market Competition After Import Liberalization of Petroleum Products (석유제품 수입자유화 이후 시장경쟁의 변화)

  • Kim, Jin Hyung
    • Environmental and Resource Economics Review
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    • v.12 no.4
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    • pp.637-661
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    • 2003
  • This paper analyzes the impact of import liberalization of petroleum product market in 1997 on the behavior of a domestic industry, regarded as a typical oligopoly. Based on the theory of implicit cartel, two regression equations were formulated and estimated for domestic production and refinery margin using monthly data for the period from Jan. 1994 to June 2003. Estimation results show that not only did domestic production rise sharply but also the refining cost fell substantially throughout 1996 before the actual liberalization of imports, Such a response is clearly consistent with the implicit cartel theory, which suggests that once the difficulty of maintaining a cartel in the future is recognized, the cartel immediately collapses and anticipation of import liberalization can cause immediately lowering market price as well as an immediate expansion of the supply by a domestic industry. However, the significant reduction of refinery cost accompanied by a large contraction in domestic output after the actual implementation of import liberalization can be explained by the collapse of implicit cartel caused by the anticipated liberalization of imports. Thus, import liberalization in the sense of allowing entry of foreign producers into domestic market has seemed to be an effective means to weaken market power and induce more competitive conduct of domestic firms.

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Studies on the Development of Hydrangea and Stevia as a Natural Sweetening Products (천연감미료(天然甘味料) 자원식물(資源植物) Hydrangea 및 Stevia의 개발(開發)에 관(關)한 조사연구(調査硏究))

  • Chung, Myung-Hyun;Lee, Myung-Yul
    • Korean Journal of Pharmacognosy
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    • v.9 no.3
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    • pp.149-156
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    • 1978
  • The result of the study about the cultivation, the constituents, the sweetenity, and the development of preparations of Stevia and Hydrangea are as follows: 1. Hydrangea thrived at $200{\sim}1,400m$ above the sea-level, and the good ones were brought up at $600{\sim}1,200m$. 2. The good ones which belonged to the genera of Hydrangea were produced in the damp, dark and cold place. 3. The growth and cultivated yield of Stevia was not significantly influenced by the acidity of the soil. 4. The best season was May and June for propagation of Stevia by cutting method. 5. The growth rate of Stevia and Hydrangea was really good in the sandy fertile soil, but in the mucotic soil it was not suitable. 6. The extraction and separation of phyllodulcin by solvent had many difficulties, because it was very soluble in water, ethanol, ether, petroleum ether, acetone and benzene, etc. 7. The solubility of stevioside on the solvent was as follows: It was very soluble in water and methanol, slightly soluble in ethanol and acetone, and insoluble in ether, petroleum ether and chloroform. 8. The alkaloid reaction by Mayer reagent in Hydrangea extract was positive. 9. The ashification rate of Stevia was 8.66% to 8.72% and that of Hydrangea 17.02% to 17.04%. 10. The tannin of Stevia leaf was 7.80% to 7.88% and its of Hydrangea decreased 9.46% to 6.08% by fermentation. 11. The percent rates in minimum concentration-occurring sweetness in sugar, glycyrrhiza methanol extract, Hydrangea water extract, Stevia leaf water extract, decoction of Stevia's leaf, decoction of Stevia's stem were as follows: 1.2, 0.1, 0.1, 0.2, 0.4, 0.01, 0.1, 0.6. and sweetenity ratios of those were 1, 12, 12, 6, 3, 64, 12, 2, 12. It was very meaningful to develop preparations of stevia as stevioside, micronized powder, water extract, methanol extract and compound teas and in Hydrangea, water extract, methanol extract, single tea, and compound teas were less meaningful. 13. The genera of Hydrangea which is natural species in Korea was positive in phyllodulcin-identification test, but it was not available to make the sweet tea because of having a little content.

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A Study of Cytotoxicity from Some Korean Edible Plants (수종 한국산 식용식물의 세포독성 연구)

  • 정하숙
    • Korean journal of food and cookery science
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    • v.15 no.2
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    • pp.108-113
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    • 1999
  • Natural products derived from not only medicinal but edible plants have been used as sources of folk remedies and other useful materials, like as appetizers, health supplements and food additives. A short-term in vitro biomarker assay was accompilshed to assess cytotoxic activity on the human lung and ovary adeno cancer cell lines based on sulforhodamine B (SRB) method. As a result, the EtOAc soluble fractions from Trichosanthes kirilowii Max. and Dioscorea japonica Thunb. showed potent cytotoxicity as a below 30% of growth ratio of cancer cell at a concentration of 40 $\mu\textrm{g}$/ml on lung and ovary adeno cancer cell lines, and lung cancer cell line, respectively. Cytotoxic activity present in plant extracts appear to be promising candidates as functional foods among Korean wild edible plants, and further studies are warranted.

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Influence of Underground Water Quality Adjacent to Landfill Site on Hydrogeologic Characteristics of LPG Storage Cavern (매립장 인근 지하수질이 LPG 저장 공동의 수리지질학적 특성에 미치는 영향)

  • Choi, Won-Gyu
    • Journal of Digital Convergence
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    • v.12 no.8
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    • pp.283-288
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    • 2014
  • The underground water quality of petroleum products storage cavern is influenced by that of dumping and landfill sites adjacent to cavern. From the chemical analysis of underground water sampled from landfill site, insignificant amounts of As, Cu and Pb were detected in a half of test samples while Cd, Hg, $Cr^{6+}$, $CN^-$, TCE, PCE and Phenol were not detected in all samples. All measurements of $COD^{Mn}$ were below $8.0mg/{\ell}$ that can be negligible for the contamination by organic matters. The total bacteria counted from 1st and 2nd microbiological analysis were $94.84{\times}10^4cells/m{\ell}$ and $146.26{\times}10^{-4}cells/m{\ell}$, respectively, and all counts of the sulfate reducing bacteria were less than $2cells/m{\ell}$. It can be suggested that the water quality adjacent to storage cavern can also be studied to improve the reliability of hydrogeologic stability of storage cavern.

Life Cycle Analysis and Feasibility of the Use of Waste Cooking Oil as Feedstock for Biodiesel

  • Gahlaut, Aradhana;Kumar, Vasu;Gupta, Dhruv;Kumar, Naveen
    • International journal of advanced smart convergence
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    • v.4 no.1
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    • pp.162-178
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    • 2015
  • Petroleum based fossil fuels used to power most processes today are non-renewable fuels. This means that once used, they cannot be reproduced for a very long time. The maximum combustion of fossil fuels occurs in automobiles i.e. the vehicles we drive every day. Thus, there is a requirement to shift from these non-renenewable sources of energy to sources that are renewable and environment friendly. This is causing the need to shift towards more environmentally-sustainable transport fuels, preferably derived from biomass, such as biodiesel blends. These blends can be made from oils that are available in abundance or as waste e.g. waste cooking oil, animal fat, oil from seeds, oil from algae etc. Waste Cooking Oil(WCO) is a waste product and so, converting it into a transportation fuel is considered highly environmentally sustainable. Keeping this in mind, a life cycle assessment (LCA) was performed to evaluate the environmental implications of replacing diesel fuel with WCO biodiesel blends in a regular Diesel engine. This study uses Life Cycle Assessment (LCA) to determine the environmental outcomes of biodiesel from WCO in terms of global warming potential, life cycle energy efficiency (LCEE) and fossil energy ratio (FER) using the life cycle inventory and the openLCA software, version 1.3.4: 2007 - 2013 GreenDelta. This study resulted in the conclusion that the biodiesel production process from WCO in particular is more environmentally sustainable as compared to the preparation of diesel from raw oil, also taking into account the combustion products that are released into the atmosphere as exhaust emissions.

Historical Consideration of Lignin Models for Native Lignin Structure (리그닌 화학구조 모델의 역사적 고찰)

  • 황병호
    • Journal of Korea Foresty Energy
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    • v.23 no.1
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    • pp.45-68
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    • 2004
  • The word of lignin is derived from the Latin word 'ligum' meaning wood. Lignin is complex polymer consisting of coniferyl alcohol, sinapyl alcohol and p-coumaryl alcohol unit and has an amorphous, three dimensional network structure which is hard to be hydrolyzed by acid. Lignin is found in the cell wall of plants lignified. The mode of polymerization of these alcohols in the cell wall lead to a heterogeneous branched and cross-linked polymer in which phenyl propane units are linked by carbon-carbon and carbon-oxygen bonds. This polymerization of precursors, p-coumaryl alcohol, coniferyl alcohol and sinapyl alcohol to lignin is formed by enzymic dehydrolyzation. The reaction is initiated by an electron transfer which results in the formation of resonance-stabilized phenoxy radical. The combination of these radicals produces a variety of dimers, trimers and oligomers and so on. Lignin research has been divided into basic and practical application field. The basic studies contains biosynthesis, chemical structure, distribution in the cell wall and reactivity by reductants, oxidants and organic solvents. The application research will be approached the reaction of lignin in various pulp making involving pulp bleaching and its effect on pulp qualities. Lignin also will be studied for the production of fine chemicals, polymer products and the conservation into an energy source like petroleum oil because the amount of lignin produced in pulp making process is more than 51,000,000 tons per year in the world. Both basic and application research must lay emphasis on the development for the utilization of lignin and the pulping process. But these researches can not be completed without understanding lignin structure containing functional groups. Therefore, this paper was focused on the review of lignin formulation which has been studied since 1948 in chronological order. This review was based on monomers, dimers, trimers and tetramers of phenyl propane unit structures which were isolated and identified by different methods from various wood.ious wood.

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