Remove Industry Remove Oil Remove Peru Remove Price
article thumbnail

Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

Green Car Congress

Asia now consumes more than 30 million barrels of oil per day—roughly the same as all of the Americas—but its oil production stands at roughly 9 million barrels per day, the report notes, leaving the region dependent on external sources for more than 70% of its petroleum—triple the import level of the Americas.

2015 150
article thumbnail

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. With a strong exit to 2014, and gasoline prices currently plunging, consumers may feel even more positive throughout 2015. North America.

2015 150
article thumbnail

UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

Green Car Congress

Honeywell’s UOP—a major international supplier and licensor of technology for petroleum refining, gas processing, petrochemical production and major manufacturing industries—has also been an early leader in developing technologies for the production of renewable drop-in hydrocarbon fuels. That’s a big sum.

Renewable 247
article thumbnail

Adani Group’s USD 1.2-bn copper plant to boost India’s metal production – ET Auto

Baua Electric

Copper is the third most used industrial metal after steel and aluminium, and its demand is rising on the back of fast-growing renewable energy, telecom and electric vehicle industries. million tonnes by 2027 on the back of huge demand from the green energy industry. Globally, copper production is more concentrated than oil.

Auto 52