International oil price plummeted
According to a report released by the US Department of Energy on the same day, in the week ending August 6, US gasoline commercial inventories increased by 400,000 barrels to 223.4 million barrels, and total inventory reached a new high in the past year; finished products including heating oil and diesel Oil inventories increased significantly by 3.5 million barrels, an increase that greatly exceeded market expectations.
Although the Department of Energy's report showed that crude oil commercial inventories fell more than market expectations during the same period, investors believe that gasoline and refined oil inventories are still rising sharply during the summer driving season in the US, indicating that energy demand is still weak.
The monthly report released by the International Energy Agency on the 11th slightly raised expectations for global energy demand this year and next, but warned that once global economic growth slows, energy consumption will immediately fall back sharply. Concerns about investors' slowdown in the economic recovery led to a sharp dip in the New York stock market that day, which damped the confidence of investors in the oil market and increased the downward pressure on oil prices.
Affected by the above factors, the price of light crude oil for September delivery on the New York Mercantile Exchange fell 2.23 US dollars to close at 78.02 US dollars per barrel, a decrease of 2.8%. The North Sea Brent crude oil futures for September delivery in London fell 1.96 US dollars to close at 77.64 US dollars per barrel, a decrease of 2.5%.
HCPE Resin (coating type) Description
HCPE resin (coating type) is a irregular resultant after depth chlorination with the low molecular weight polyethylene (PE) . Generally the quality score of chlorine is bigger than 65%, and it is the main film-forming substances as new generation antiseptic paint. It has the following characteristics.
(1) Compared with the CPVC, the solubility is good, and more resins can mix with it.
(2) Compared with the CSM, the advantage of HCPE is single-component packaging, it do not use lead oxide, tribasic lead curing agent containing heavy metals. There is no toxicity, and has a broader range of applications.
(3) Compared with the chlorinated rubber, HCPE as the base material of protective coatings retains the advantage of chlorinated rubbers, And overcome the faults of chlorinated rubber exist unsaturated double bond and light chemical reaction and chlorinated degradation sensitive.
(4) Compared with ordinary HCPE, the viscosity is low, take the Tu-4 coating cup, the quality score as the toluene solution 20%, under the room temperature determines, is not bigger than 50S; Ordinary HCPE viscosity generally above 50S.
(5) Made of high-solids coatings, reduces the coating cost greatly, and the coating has a fast-drying nature, and has a better compatibility with other resins. LHCPE film features: The coating made by HCPE has a high solid content. excellent resistance to acid, alkali , salt, etc. It have so excellent corrosion resistance properties; can be used under 15~50°C; film drying quickly.
Polyethylene Resins,Coating Type HCPE Resin,HCPE Coating,HCPE Resin
Shandong Gaoxin Chemical Co.,Ltd , http://www.gaoxinchem.com