• Title/Summary/Keyword: High Oil Price

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Synthesis of Needle-like Aragonite from Limestone without Calcinations in the Presence of Magnesium Sulfate

  • Hu, Zeshan;Shao, Minghao;Cai, Qiang;Jiao, Zhaojie;Zhong, Chenhua;Deng, Yulin
    • Advanced Composite Materials
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    • v.18 no.2
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    • pp.187-195
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    • 2009
  • Much attention has been paid to the processing of inorganic whisker, especially calcium carbonate whisker, which can be used as reinforcement materials of polymer composite due to its low price. Unfortunately, the present synthesis technique of calcium carbonate whisker starts from calcinations of limestone, which involves high energy consumption and furthermore is a highly environment polluting reaction. In this report, needle-like aragonite was synthesized with a reversible solution reaction from limestone without calcination. Optical microscopy, scanning electron microscopy (SEM) and X-ray diffraction (XRD) techniques were used to characterize the morphology and crystal structure of intermediates as well as that of the product, aragonite. GCC (grinding calcium carbonate) powder was dissolved in an aqueous solution of magnesium sulfate with reflux and air flush. EDTA titration was used to evaluate reaction rate of the dissolution. A kinetics equation of the dissolution reaction was constructed, which displayed second-order kinetics with respect to the concentration of magnesium sulfate. A rate constant of $0.0015\;l^{-3}{\cdot}mol^{-1}{\cdot}h^{-1}$ was obtained. The dissolution reaction gave fiber-like magnesium hydroxide sulfate and gypsum crystal. Then needle-like aragonite with a length of $9.13\;{\pm}\;1.02\;{\mu}m$ and an aspect ratio of $5.64\;{\pm}\;1.37$ was synthesized from the dissolution product with $CO_2$ bubbling at $70^{\circ}C$.

A Study on the Recognition of Massage Therapist About the Spa-therapy (스파테라피에 대한 피부관리사의 인식에 관한 조사)

  • Heo, Eun-Young;Hong, Ran-Hi
    • Journal of the Korean Society of Fashion and Beauty
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    • v.3 no.3 s.3
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    • pp.64-70
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    • 2005
  • The purpose of this study was to give help for more activation to the area of spa industry appropriate to the emotion of our country based on the spa of recognition of massage specialist. Aroma Essencial oil bath was the first favorite of the customers when they're going to have bath in Hydro-therapy or with some other material in their bathtub according to the general results of the previous study. The most high voice of discontent of customers was the high price and the main customer's ages on the spa-therapy were the ages 30s and 40s. The method for activation for future spa-therapy were showed as the better facilities and advertising, reasonable price, systematic education programs, professionalists as an order. The proper care hours for spa-therapy that customers like most was 1:30-2:30 and the resonable price of one time care of that was shown as 100,000-200,000 won. The priority actions for the competition with foreigners on this area of spa-therapy will be the various and nation-wide advertisement of the effectiveness on spa-therapy to the customers to use easily and to be made being generalized on their lives. And the our inland spa-therapy must have main position at the center of cities, the various programs to satisfy the Korean traditional culture of them should be studied and introduced. And at that time future inland spa-therapy industry will have power for the competitions with similar foreign industries.

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A Study on Global Strategies of Tank Terminal Operators and Implications for Korea's Oil Hub Policy in Northeast Asia (탱크터미널 운영기업의 글로벌 전략과 우리나라의 동북아 석유물류허브 정책에 대한 시사점)

  • Lee, Choong-Bae;Park, Sun-Young
    • Journal of Korea Port Economic Association
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    • v.25 no.1
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    • pp.63-86
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    • 2009
  • With increasing uncertainty of energy market in the world, the policies for the energy resource security have become crucial Several countries with poor energy resource like Netherlands and Singapore have pursued the policy for becoming an oil hub in the region. Singapore has been an oil hub in East Asia for a long time not only because it is well located with a large number of countries exporting and importing oil but it has also pursued strong policies to become an oil hub while establishing favourable institutional, regulatory and business environment for accommodating major refineries and petro-chemical companies. However with growing trading volume of petroleum products in Northeast Asia and a record high price of oil in these days, the necessities of another oil hub in the region are considered in order to reap benefits of the security of economical and stable oil. South Korea is situated astride the main North Pacific shipping route, with deep water ports and proximity to Chinese and Japanese industrial centres that make tank terminal operators Ideal choices for the oil hub in Northeast Asia although it has several disadvantages such as lack of independent storage facilities, underdeveloped oil trading market and unfavourable business friendly climates etc. This study is focused on examining the globalization strategies of tank terminal operators such as Vopak, Oiltanking and Odfjell in order to suggest the policy implications for becoming an oil tub in Northeast Asia.

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The Impact of Changes in Market Shares among Retailing Types on the Price Index (소매업태간 시장점유율 변화가 물가에 미친 영향)

  • Moon, Youn-Hee;Choi, Sung-Ho;Choi, Ji-Ho
    • Journal of Distribution Research
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    • v.17 no.2
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    • pp.93-115
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    • 2012
  • This study empirically examines the impact of changes in market shares among retailing types on the price index. The retailing type is classified into 6 groups: department store, big mart, super market, convenient store, specialty merchant, and on-line store. The market shares of retailing types are calculated by the ratio of each retailing type monthly sales to total monthly retailing sales in which total retailing sales is the sum of each retailing type sales. We employed several price indices: consumer price index (CPI), CPI for living necessaries, and fresh food price index. In addition, this study used fundamental price indices based on 25 product families as well as 42 representative products. The empirical model also included several variables in order to control for the macroeconomic effects and those variables are the exchange rate, M1, an oil price, and the industrial production index. The data is monthly time-series data spanning over the period from January 2000 to December 2010. In order to test for the stability of data series, we conducted ADF test and PP test in which the model and length of lag were determined by the relevant previous literature and based on the AIC. The empirical results indicate that changes in market shares among retailing types have impacts on the price index. Table A shows that impacts differ as to which price index to use and which product families and products to use. For department store, it lowers the price of food and non-alcoholic beverages, home appliances, fresh food, fresh and vegetables, but it keeps the price high for fresh fruit. The big mart retailing type has a positive impact on the price of food, nut has a negative effect on clothing and foot wear, non-food, and fresh fruit. For super market, it has a positive impact on food and non-alcoholic beverages, fresh food, fresh shellfishes, but increases the price of CPI for living necessaries and non-food. The specialty merchant retailing type increases the price level of CPI for living necessaries and fresh fruit. For on-line store type, it keeps the price high for CPI for living necessaries and non-food as well as fresh fruit. For the analysis based on 25 product families shows that changes in market shares among retailing types also have different effects on the price index. Table B summarizes the different results. The 42 representative product level analysis is summerized in Table C and it indicates that changes in market shares among retailing types have different effects on the price index. The study offers the theoretical and practical implication to these findings and also suggests the direction for the further analysis.

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Role of Chemical Fertilizer and Change of Agriculture in Korea (우리나라 농업의 변천과 비료의 역할)

  • Chung, Doug-Y.;Lee, Kyo-S.
    • Korean Journal of Agricultural Science
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    • v.35 no.1
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    • pp.69-83
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    • 2008
  • The self-supply rate of Korea in 2006 was approximately 27.3 % by importing 13.99Mt for 19.79Mt of demanded amount. Among the imported crops, wheat, corn, and soybean consumed 95 % for the total imported amount, and wheat, corn, and soybean were 3.5Mt(Table use : 0.22Mt; Feed stuff : 0.13Mt), 8.7Mt(Table use : 0.19Mt; Feed stuff : 0.68Mt), and 1.2Mt (Table use : 0.03Mt; Feed stuff : 0.09Mt), respectively. On the other hand, our government has prepared the strategies for a great fear of food according to sharp price rise of the international crops by maintaining the self-supply rate of 5 % excluding 5.23Mt of rice in Korea. Also concern for recycled energy known as future energy for era of high oil price and global warming due to green house gas is rapidly growing. Therefore, our country which has relied on import of the whole oil needed in Korea and has to keep Kyoto Agent to request reduction of green house gas fully support research and practical use for agricultural products as resource of alternate energy. At first, we have to develop the mass production technology in order to secure a program of self-supply of food for bioenergy production utilizing agricultural product in Korea. But we assume that this matter is difficult to achieve under the current agriculture system that more emphasizes the environment conservation such as environmentally-friendly agriculture than production of food.

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Steam Gasification Characteristics of Oil Sand Coke in a Lab-Scale Fixed Bed Gasifier (실험실 규모의 고정층 가스화기에서 오일샌드 코크스의 수증기 가스화 특성)

  • Yoon, Sang Jun;Choi, Young-Chan;Lee, See-Hoon;Lee, Jae Goo
    • Applied Chemistry for Engineering
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    • v.20 no.1
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    • pp.62-66
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    • 2009
  • Utilization and interest of unconventional fuel and process residue such as oil sand and its residue, oil sand coke, have been increased because of the continuous rise of fuel price and conventional fuel availability. In this study, the gasification of oil sand coke produced from coking process of oil sand was performed to utilize as an energy resource using lab-scale fixed bed gasification system. The combustion characteristics of oil sand bitumen and oil sand coke were investigated by using TGA and lab-scale gasification system was applied to reveal the characteristics of produced syngas composition with oxygen/fuel ratio, temperature and steam injection rate. Oil sand coke shows a high carbon content, heating value and sulfur content and low ash content and reactivity. In case of oil sand coke gasification, generally with increasing temperature, the amount of steam introduced and decreasing oxygen injection rate, $H_2$ content in product gas increased while the $CO_2$ content decreased. The calorific value of syngas shows about $2100kcal/Nm^3$ and this result indicates that the oil sand coke can be used as a resource of hydrogen and fuel.

Development of High-Toughness Concrete Using the Mixed Materials for CO2 Reduction (CO2 저감용 혼합재를 사용한 고인성 콘크리트의 개발)

  • Yi, Seong Tae;Heo, Hyung Seok;Noh, Jae Ho
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.17 no.3
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    • pp.89-96
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    • 2013
  • Now-a-days, a manhole adopted since the late 1990s and produced using the polymer concrete has widely used due to the various benefits. While entering the High oil prices times, however, and with the price increase of the petrochemical materials, the cost of manufacture of polymer concrete was elevated and the resulting polymer concrete's weakness is being put on. Accordingly, the development of economic cement concrete manholes, which can replace the outstanding bending strength of manhole made of high-price polymer concrete, has been required. In this study, based on the cement technology of fast hardening armorphous calcium aluminate (ACA), by minimizing the amount of cement using the industrial byproducts, to develop the eco-friendly high-toughness concrete manhole, which can reduce $CO_2$ reduction, was intended. As the results, the cement concrete manhole, which economic, eco-friend, and meeting the performance requirements, was developed.

The Analysis of Financial Factors and efficiency that influence on the Venture Business' Survival (벤처기업의 효율성과 재무요인이 기업의 생존에 미치는 영향 분석)

  • Song, Sung-Hwan;Gwon, Seong-Hoon;Hong, Soon-Ki;Yoo, Kyung-Jin;Bae, Young-Im
    • Korean Management Science Review
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    • v.27 no.1
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    • pp.107-116
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    • 2010
  • There are several stage in corporate's life cycle such as foundation, growth, maturity or bankruptcy. A bankruptcy is very important for corporate in the life cycle. Especially, venture business' life cycle is short compare to other type of corporate. A lot of venture businesses have emerged and bankrupted soon in the market. Venture businesses' survival or bankruptcy have been influenced by not only external environment like the rate of exchange, oil price, and foreign exchange crisis but also internal environment such as efficiency, process, human resources, finance and CEO. In this paper, we attempt to examine financial factors and efficiency that influence on the venture businesses' survival and bankruptcy. The more venture businesses have high efficiency score, the more they have high probability of survival.

Development of Risk-Based Inspection(RBI) Technology for LNG Plant Based on API RP581 Code (API RP 581 Code를 기반으로한 LNG 플랜트의 Risk-Based Inspection(RBI) 기술 개발)

  • Choi, Song-Chun;Choi, Jae-Boong;Hawang, In-Ju
    • Corrosion Science and Technology
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    • v.11 no.5
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    • pp.179-183
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    • 2012
  • As one of promising solutions to overcome high oil price and energy crisis, the construction market of high value-added LNG plants is spotlighted world widely. The purpose of this study is to introduce LNG-RBI system to develop risk assessment technology with RAM(Reliability, Availability, Maintainability) modules against overseas monopolization. After analyzing relevant specific features and their technical levels, risk assessment program, non-destructive reliability evaluation strategy and safety criteria unification class are derived as core technologies. These IT-based convergence technologies can be used for enhancement of LNG plant efficiency, in which the modular parts are related to a system with artificial optimized algorithms as well as diverse databases of facility inspection and diagnosis fields.

A Study on the Design and Manufacture of 1KW Double Cylinder Motor for a Hybrid Car (Hybrid 자동차용 1KW Double Cylinder Motor 설계 및 제작에 관한 연구)

  • Lee, Hyon-Jang;Song, Sen-Sen;Park, Chang-Soon
    • Proceedings of the KIEE Conference
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    • 2008.10c
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    • pp.65-67
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    • 2008
  • Recently, we are concerned about car energy efficiency because of high Price of oil. Hybrid cars are manufactured and used. Now most cars use BLDC Motor, but these motors generate cogging phenomenon due to its frame. As a result, cars are low efficiency and occur noise and vibration. In this paper, 1KW Double Cylinder Motor which is high efficiency, low noise and vibration by its no slot structure was designed and manufactured for a Hybrid car.

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