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Explore the castor oil production plant cost report 2025 covering plant setup, machinery, raw materials, project economics, and business pla
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Prof. Dr. Chengming Wang | Deodorization of oil | Best Researcher Award
Professor Chengming Wang, a full professor at Huazhong Agricultural University, has been honored with the Best Researcher Award for his exceptional contributions to oil processing and the sustainable utilization of agricultural by-products. His pioneering research, particularly in food chemistry, oil deodorization, and biodiesel production, has significantly advanced the field, merging scientific innovation with practical industrial applications.With a focus on improving food safety and enhancing oil quality, Professor Wang’s work continues to break new ground through technologies such as low-temperature ethanol steam deodorization. His impactful innovations have not only transformed industry practices but also contributed to sustainable solutions in food and energy sectors.
Visit: cryogenicist.com Nomination Link: https://cryogenicist.com/award-nomina… Contact: [email protected]
Oil Prices Hover as OPEC+ Meeting Looms
Source: business-standard.com
Category: News
Traders Brace for Key OPEC+ Decisions
Oil prices remained stable on Tuesday, fluctuating slightly as market participants awaited the results of the upcoming OPEC+ meeting scheduled for December 5. Brent crude futures edged up by 14 cents, or 0.19%, to $71.97 a barrel, recovering from a modest dip in the previous session. Similarly, U.S. West Texas Intermediate crude gained 8 cents, or 0.12%, reaching $68.18 after a 10-cent increase on Monday.
According to analysts at ANZ, traders are exercising caution in anticipation of the meeting, which is expected to provide clarity on the oil production strategy for the months ahead. Sources within OPEC+ suggested the group would likely extend its current production cuts until the end of the first quarter in 2024.
The producer alliance, comprising the Organization of the Petroleum Exporting Countries and key allies like Russia, is considering a gradual rollback of production cuts by early 2025. However, growing concerns over surplus supply have placed downward pressure on prices. With OPEC+ responsible for nearly half of the world’s oil output, any decision at the meeting could have significant implications for the global market.
Market Analysts Expect Limited Movement
Experts believe OPEC+ may have little choice but to postpone lifting production cuts due to ongoing pressure from member nations. Priyanka Sachdeva, a senior market analyst at Phillip Nova, commented that any deferral would likely be brief, lasting a month or so. She added that weak demand and a lack of positive market drivers could keep oil prices trading in a narrow range with a potential downward bias.
China’s oil demand, which has historically been a major driver of global consumption, is predicted to peak as early as next year, according to researchers. This shift is expected to widen the gap between supply and demand, further challenging market recovery.
Adding to the bearish outlook, Saudi Arabia, the world’s leading oil exporter, is expected to lower crude prices for Asian buyers to levels not seen in at least four years. This move reflects sluggish demand in the region, which has compounded concerns over excess supply.
External Factors Add to Price Volatility
In addition to supply-demand imbalances, external economic factors are influencing oil prices. Fears that the U.S. Federal Reserve may hold off on cutting interest rates in December have limited price recovery, offsetting some optimism stemming from China. Notably, China’s purchasing managers’ index rose to a seven-month high in November, signaling potential economic improvement.
Despite these positive signals, oil prices have struggled to gain momentum. Last week, prices on both sides of the Atlantic dropped by more than 3%, underlining the market’s vulnerability to weak consumption and economic uncertainties.
With OPEC+ expected to play a pivotal role in shaping the market’s trajectory, all eyes are on the upcoming meeting for clues on the group’s strategy to balance production and support prices in the face of mounting challenges.
Edible Animal Oil Processing
When using the processing equipment of edible animal oil, two processes are very important. They are the processes of precipitation and filtration in the production process of the processing equipment of edible animal oil. One can precipitate the oil in the production process, and the other is the impurities in the filtering oil. 1.Precipitation in processing equipment of edible animal oil Precipitation principle:precipitation is based on the density of oil and impurities separate.The crude oil can sink to the bottom of oil through the time of standing.In addition, a small amount of suspended impurities and a small amount of phospholipids, proteins and starch paste can be isolated. Equipment and operation: oil barrel, oil pool or mailbox are used for precipitation, and their size can be determined according to the capacity.When oil that needs to be precipitated is injected into the vessel, its precipitation can be observed, and when good precipitation is considered, oil and impurities can be separated. Influencing factors: precipitation effect is mainly affected by temperature and time.High temperature and long time, the precipitation effect is good;When the temperature is low and the time is short, the precipitation effect is poor.According to local experience, high temperature in summer , after three days basic precipitation good;in winter, if the temperature is kept above 0 degrees, the precipitation time should be less than 7 days. In spring and autumn, both seasons can be properly mastered according to the temperature. Main advantages of animal oil refining equipment: first of all, high oil yield. At present, oil is extracted by pressing and spiral method in China, and the residual oil in the cake is more than 5%. Due to low temperature, high protein content in the meal is of high quality and high use value, it can be widely used in food raw materials. 2. Filtration in processing equipment for edible animal oil Filtration principle: the filtration is under the pressure of the pump to make the oil filter cloth, and impurities stay between the filter cloth.Filtration can reduce mechanical impurities to a small degree and remove some of the wax. Press filter equipment and operation: common press filter equipment has different models of frame type oil filter, matching gear pump. Technical features of filter press: the crude oil is filtered through the press cloth by pressure, and impurities and waxes are left on the press cloth, while the oil filter cloth is collected and set aside, so as to achieve the purpose of filtering. Main advantages of edible butter processing equipment: first of all, high oil yield. At present, oil is extracted by pressing and spiral method in China, and the residual oil in the cake is more than 5%. Due to low temperature, high protein content and good quality in the meal with high use value, it can be widely used in food raw materials. 3. Technological process of edible animal oil processing equipment No matter using the oil press or direct and prepress leaching, the equipment used in the refining process is basically the same. Crude oil -- general refining process -- filtration -- hydration -- deodorization -- refined animal oil or, crude oil -- special refining process (alkali refining -- decolorization -- dewaxing -- decolorization) -- refined animal oil. Precipitation and filtration is a kind of intermittent work. When working, we should first install the filter cloth and then start filtration. If the requirements are met during the filtration process, the filtration can be stopped. Read the full article
