Platinum based catalyst accounted for 32.2% of to from liyifeng's blog
ASTANA [url=http://www.airmaxplussale.com/sale-nike-air-max-plus-tn-ultra-men-s-white-black.html]Nike Air Max Plus TN Ultra Men's White Black[/url] , Feb. 13 (Xinhua) -- Flames engulfed a tall building under construction in the Kazakh capital here on early Saturday morning after at least three explosions, with no casualties reported so far.
Preliminary investigation showed that some gas cylinders on the 25th floor of the uncompleted Abu Dhabi Plaza exploded and caused fire, said Ruslan Imankulov, an official with the Ministry of Internal Affairs.
He said firefighters rushed to the site near city center upon being alerted. A Xinhua correspondent saw several fire engines and ambulances near the building, which is still smoldering with some visible fire on the edges.
Glan Mackenzie, who was staying in a hotel 200 meters away from the building, said he heard a loud explosion around 5 a.m. local time (2300 GMT Friday).
When he came out he saw the top of Abu Dhabi Plaza engulfed by a "huge fire ball," he said, adding that there were two more explosions in the following half hour or more, and flames weakened after about one hour.
The top part of the building was badly damaged, but its lower part remained largely intact.
According to local media, Abu Dhabi Plaza is designed to reach 320 meters, which will make it the tallest building in Central Asia upon completion.
Financed by the United Arab Emirates' ALDAR group, it is to boast more than 300,000 square meters of internal space, including office space, a hotel and residential areas.
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RIO DE JANEIRO, Dec. 11 (Xinhua) -- The president of South American football confederation CONMEBOL has resigned after being charged with corruption, according to media reports on Friday.
Juan Angel Napout was among 16 people indicted by the US justice department last week for allegedly accepting bribes to award media and marketing rights.
On Monday he agreed to be extradited to the US.
Brazil's Folha de S. Paulo newspaper said the 57-year-old Paraguayan tendered his resignation in writing to the Asuncion-based body.
He will replaced on an interim basis by Uruguay's Wilmar Valdez, the newspaper said.
Conmebol's executive committee is expected to announce a January election to decide Napout's successor.
" Emission Control Catalyst Market Revenue, Opportunities and Market Restraints Forecast To 2024
Industry Insights
Global Emission Control Catalyst Marketsize was 1,978 kilo tons in 2015. Rising awareness towards reduction of carbon footprints along with stringent norms implemented by government towards reduction of harmful pollutants from industries and automotive combustion will create substantial demand for these catalyst in the near future.
Emission control catalyst are designed to breakdown harmful particles which are generated inside exhaust system of automotive engines and industrial machinery. Rising number of installation of catalytic converter by major automotive players including BMW, General Motors, Volkswagen and Ford Motors will create immense market potential over the forecast period.
Increasing automobile production in developing countries including China, India, Mexico and Iran will increase the product demand over the next eight years. Presence of strict regulation norms regarding emissions in various developed countries including the U.S., and UK is expected to fuel product demand over the forecast period.
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High dependence on temperature fluctuation for the product performance is expected to pose a challenge to the market growth over the forecast period.
Volatility in platinum based catalyst prices owing to unavailability of noble metals is anticipated to hinder industry expansion over the upcoming years. Increasing investments in platinum-rhodium-palladium based manufacturing facilities by key players including BASF and Johnson Matthey will open new market avenues over the upcoming years.
Application Insights
Automotive was the dominant segment and accounted for 83.5% of the total volume in 2015. National Ambient Air Quality Standard in the U.S. and Bharat Stage Emission standard in India regarding emission control will increase demand for automotive and industrial emission control catalytic converter in the near future.
Industrial application is expected to show high gains at a CAGR of 4.7% in terms of volume from 2016 to easing industrial investment in manufacturing sector in various countries including India, China, Mexico and Thailand will augment industry size over the forecast period.
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Product Insights
Rhodium based catalyst demand was 828.2 kilo tons in 2015. Demand for the product is expected to spur over the upcoming coming eight years owing to its ability to remove nitrous oxide from exhaust emission by three way catalytic converters in automotive engines. High cost of Rhodium as compared to other emission control catalyst is expected to lower its growth over the next eight years.
Palladium is expected to show tremendous rise at a CAGR of 4.7%from 2016 to 2024. Palladium based products are growing significantly on account of its availability at low price and easy blending characteristics with platinum and rhodium.
Platinum based catalyst accounted for 32.2% of total overall volume in 2015
and is anticipated to witness growth on account of its high usage in catalytic
converter of gasoline engines. Platinum is prominently used in diesel vehicle as
it is having duel characteristic of oxidation and reducing agent which in turn
lowers Sulphur emission. High price of platinum and its sensitivity
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