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

Green Car Congress

The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. Coupled with this, the momentum could lead to downward adjustment in premium pricing, which helps provide solid foundation for premium vehicle penetration to further increase in China in the next decade. North America. million units.

2015 150
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UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

Green Car Congress

Fats and greases and inedible oils are opportunity feedstocks, but the US supply of fats and greases is probably on the order of less than 10 million barrels, closer to 1-2 million barrels on an annual basis. Really the question is can the feedstocks be procured at a price competitive to petroleum oil.

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

Baua Electric

On impact of the plant on global prices of copper concentrate, sources said more copper concentrate assets would get operational in the future as a result of India’s new exploration and auction policy. Globally, copper production is more concentrated than oil.

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