The carbon dioxide market is witnessing significant growth, driven by its diverse applications across industries such as food and beverage, healthcare, oil and gas, and agriculture. Carbon dioxide (CO2) is a critical component in various processes, including carbonation of beverages, enhanced oil recovery (EOR), medical applications, and as a refrigerant in cooling systems. The increasing focus on sustainability and carbon capture utilization and storage (CCUS) technologies is also shaping the market, with efforts to reduce atmospheric CO2 levels and repurpose it for industrial use. Innovations in CO2 capture and recycling technologies are creating new opportunities for market growth. The rising demand for CO2 in greenhouses to enhance plant growth and in the food and beverage industry for preservation and carbonation further fuels the market's expansion. https://www.analytica.global/research/carbon-dioxide-market #CarbonDioxide #CCUS #SustainableIndustry

Carbon Capture, Utilization, and Storage (CCUS) Market 2023: Global Industry Analysis, Trends, Market Size, and Forecasts https://www.pragmamarketresearch.com/reports/119247/global-and-regional-carbon-capture-utilization-and-storage-industry CCUS refers to a set of technologies and processes that capture carbon dioxide (CO2) emissions from industrial processes and power generation, and then utilize or store it to prevent it from entering the atmosphere. The captured CO2 can be used in various applications, such as enhanced oil recovery and production of chemicals and fuels.

Refinery Catalyst Market Report Production Capacity and Consumption Analysis, Trends Analysis Report and Forecasts, 2021 – 2028 The global Refinery Catalyst Industry size is expected to gain momentum by reaching USD 5.84 Billion by 2028 while exhibiting a CAGR of 3.8% between 2021 to 2028. In its report titled "Refinery Catalyst Market, 2021-2028," Fortune Business Insights mentions that the market stood at USD 4.38 billion in 2020. The increasing investment in research & development, technologies, and capacity expansion in the refinery sector is expected to drive the market during the forecast period. For instance, in September 2020, Clariant started constructing refining materials in China to produce CATOFIN, required in propane dehydrogenation. The company invested a major amount in China, which is likely to support the customer base in the local region. What does the Report Provide? The market report for refinery catalysts provides a detailed analysis of several factors such as the key drivers and restraints that will impact growth. The different market segments and their regional analysis are discussed in the report. Further, it talks about the dominant strategies adopted by key players such as the introduction of new products, partnerships, and collaboration that will further contribute to the market growth. Lastly, it provides information on the impact of COVID-19 on market growth. Driving Factor Growing Demand for Octane Fuel to Promote the Market Growth The rising demand for octane in the automotive industry is driving the Refinery Catalyst Market growth. Besides, the manufacturers are coming up with innovative and efficient technologies which require octane fuels to function. Moreover, using octane provides environmental, economic as well as engine benefits. For instance, an octane fuel ethanol has a blending octane rating of 114. This makes it one of the cleanest and affordable substitutes for fuel. Furthermore, the increasing demand for petroleum derivatives for various consumer needs is expected to fuel the market in the upcoming years. Regional Insights Asia Pacific to Remain at Forefront Baked by Increased Crude Oil Production Asia Pacific is expected to remain at the forefront and hold the highest position market during the forecast period. This is attributable to increased crude oil production in China., According to China National Petroleum Corp.'s Economics & Technology Research Institute, China's refining industry capacity has tripled. Its crude oil processing capacity is anticipated to reach 1 billion tons a year, or 20 million barrels per day, by 2025. The market stood at USD 1.52 billion in 2020. Europe is anticipated to showcase significant Refinery Catalyst Market share owing to favorable regulations imposed by European Union to promote development in oil recovery and promotion of biofuels. The government initiative in the region is to provide sustainable solutions for fuels such as ethanol, thus promoting the regional market. Information Source: https://www.fortunebusinessinsights.com/industry-reports/refinery-catalyst-market-101090

Petroteq Executes Two License Agreements Petroteq Energy Inc. an oil company focused on the development and ‎implementation of its proprietary oil sands extraction and remediation technologies, is pleased to announce that it has entered into two non-exclusive, non-transferable license agreements with Cantone Asset Management, LLC (CAM) in Eatontown, New Jersey and Petroleum Capital Funding, LP (PCF) based in Cape Coral, Florida. Cantone Asset Management, LLC and its affiliates, is one of Company's largest shareholders and has tendered more than 100,000,000 shares in takeover-bid from Viston United Swiss AG, offer. #petroteq_energy #pioneering_energy #clean_Oil_recovery #clean_oil #Oil_recovery #oil_recovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/439/petroteq-executes-two-license-agreements

MCW Energy Group Announces Management Changes A Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, is pleased to announce that Bill G. Calsbeck and Igor Sosnovskiy have joined the board of directors of MCW to replace Sergey Grechishkin, Ronald Fisher and David Sutton (who also resigned as President) who have resigned to focus on other business responsibilities. Mr. Sutton remains a director and the President of MCW Fuels, Inc. #petroteq_energy #pioneering_energy #clean_Oil_recovery #clean_oil #Oil_recovery #oil_recovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/4/mcw-energy-group-announces-management-changes

Petroteq Response to the Unsolicited Takeover Bid by Viston United Swiss AG Accordingly, the Board is considering whether to make a recommendation to accept or reject the Viston Offer and has determined not to make a recommendation to Petroteq Shareholders until such time as the Company has an opportunity to complete its Strategic Review (as defined below) and receives input on valuation from its financial advisor, Haywood Securities Inc. ("Haywood"). #petroteq_energy #pioneering_energy #clean_Oil_recovery #clean_oil #Oil_recovery #oil_recovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/404/petroteq-announces-filing-and-mailing-of-directors

The global carbon dioxide market size was USD 10.36 billion in 2020. The market is projected to grow from USD 10.69 billion in 2021 to USD 13.65 billion in 2028 at a CAGR of 3.6% during the 2021-2028 period. This information is published by Fortune Business Insights™, in its report, titled, “Carbon Dioxide Market, 2021-2028.” According to our expert researchers, this gas is utilized in numerous industries for several applications that are generally attained during the generation of hydrogen by steam reforming of natural gas or the making of ethanol by fermentation process. Information Source - https://www.fortunebusinessinsights.com/carbon-dioxide-market-102866 Report Coverage The report offers a detailed study of the market and a keen examination of the major segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur the market growth for monetary gains. It also shares tangible insights which guide business owners with their investment perspective. The regional dynamics and how they shape the market in an upward curve are presented in the following report. Moreover, COVID-19 impacts have been added for additional information and how it is expected to affect the demand for carbon dioxide in the near future. Segmentation On the basis of the end-use industry, the market is segregated into food & beverage, oil & gas, metal fabrication, medical, and others. Amongst these segments, food & beverage accounts for the major share of the market. In terms of region, the market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Drivers and Restraints Surging Usage in Medical and Food & Beverage Industries to Fuel Development of Market In the medical industry, carbon dioxide (CO2) is utilized as an insufflation gas in various applications involving insignificantly aggressive surgery to alleviate body hollows, cryotherapy, as well as respiratory stimulation. The gas is also utilized for tissue freezing, and tooth sensitivity valuation. Moreover, the widespread usage of CO2 in the promptly increasing medical industry is anticipated to power the carbon dioxide market growth. Regional Insights Asia Pacific held the largest carbon dioxide market share and was worth USD 3.80 billion in 2020. Asia Pacific is the biggest and fastest-developing region owing to great demand from food & beverage, and medical industries. North America is categorized by an increase in demand for oil recovery applications, thus endorsing the usage of this gas in the region. The market in Europe is to be administered by the utilization of the gas for carbonation of alcoholic and non-alcoholic beverages in the food & beverage industry. Competitive Landscape Procurement Engaged by Chief Companies to Support Market Growth The prominent players in the market repetitively opt for effective tactics to reinforce their brand value as well as endorse the global market growth of the product with confronting least possible hindrances. One such proficient strategy is obtaining competitive companies and further safeguarding financial benefit for both the involved companies. Industry Development March 2021: Air Liquide got engaged into a contract with the Gippsland Basin Joint Venture, which is an equal joint venture between BHP Petroleum (Bass Strait) Pty Ltd and Esso Australia Resources Pty Ltd, intended for the construction of novel division to provide carbon dioxide to all Australian industries. List of Key Players Covered in the Report Linde plc (Ireland) Air Products and Chemicals, Inc. (U.S.) Air Liquide (France) Sicgil India limited (India) Matheson Tri-Gas, Inc.(U.S.) Universal Industrial Gases, Inc.(U.S.) The Messer Group GmbH (Germany) SOL Spa (Italy) POET, LLC (U.S.) Reliant Gases (U.S.) India Glycols Limited (India)

About Petroteq Energy Inc Petroteq is a fully integrated clean technology company focused on the development and implementation of a new proprietary technology for oil extraction. The Company has an environmentally safe and sustainable technology for the extraction and reclamation of heavy and bitumen from oil sands, oil shale deposits and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly heavy oil processing and extraction technologies. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge soil remediation and heavy oil extraction processing facility located near Vernal, Utah. #clean_oil_recovery #clean_oil #oil_recovery #oil_recovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/343/petroteq-announces-closing-of-financing About Petroteq Energy Inc Petroteq is a fully integrated clean technology company focused on the development and implementation of a new proprietary technology for oil extraction. The Company has an environmentally safe and sustainable technology for the extraction and reclamation of heavy and bitumen from oil sands, oil shale deposits and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly heavy oil processing and extraction technologies. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge soil remediation and heavy oil extraction processing facility located near Vernal, Utah. #clean_oil_recovery #clean_oil #oil_recovery #oil_recovery #CORT https://ir.petroteq.com/news-presentations/press-releases/detail/343/petroteq-announces-closing-of-financing

The global carbon dioxide market size was USD 10.36 billion in 2020. The market is projected to grow from USD 10.69 billion in 2021 to USD 13.65 billion in 2028 at a CAGR of 3.6% during the 2021-2028 period. This information is published by Fortune Business Insights™, in its report, titled, “Carbon Dioxide Market, 2021-2028.” According to our expert researchers, this gas is utilized in numerous industries for several applications that are generally attained during the generation of hydrogen by steam reforming of natural gas or the making of ethanol by fermentation process. Information Source - https://www.fortunebusinessinsights.com/carbon-dioxide-market-102866 Report Coverage The report offers a detailed study of the market and a keen examination of the major segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur the market growth for monetary gains. It also shares tangible insights which guide business owners with their investment perspective. The regional dynamics and how they shape the market in an upward curve are presented in the following report. Moreover, COVID-19 impacts have been added for additional information and how it is expected to affect the demand for carbon dioxide in the near future. Segmentation On the basis of the end-use industry, the market is segregated into food & beverage, oil & gas, metal fabrication, medical, and others. Amongst these segments, food & beverage accounts for the major share of the market. In terms of region, the market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Drivers and Restraints Surging Usage in Medical and Food & Beverage Industries to Fuel Development of Market In the medical industry, carbon dioxide (CO2) is utilized as an insufflation gas in various applications involving insignificantly aggressive surgery to alleviate body hollows, cryotherapy, as well as respiratory stimulation. The gas is also utilized for tissue freezing, and tooth sensitivity valuation. Moreover, the widespread usage of CO2 in the promptly increasing medical industry is anticipated to power the carbon dioxide market growth. Regional Insights Asia Pacific held the largest carbon dioxide market share and was worth USD 3.80 billion in 2020. Asia Pacific is the biggest and fastest-developing region owing to great demand from food & beverage, and medical industries. North America is categorized by an increase in demand for oil recovery applications, thus endorsing the usage of this gas in the region. The market in Europe is to be administered by the utilization of the gas for carbonation of alcoholic and non-alcoholic beverages in the food & beverage industry. Competitive Landscape Procurement Engaged by Chief Companies to Support Market Growth The prominent players in the market repetitively opt for effective tactics to reinforce their brand value as well as endorse the global market growth of the product with confronting least possible hindrances. One such proficient strategy is obtaining competitive companies and further safeguarding financial benefit for both the involved companies. Industry Development March 2021: Air Liquide got engaged into a contract with the Gippsland Basin Joint Venture, which is an equal joint venture between BHP Petroleum (Bass Strait) Pty Ltd and Esso Australia Resources Pty Ltd, intended for the construction of novel division to provide carbon dioxide to all Australian industries. List of Key Players Covered in the Report Linde plc (Ireland) Air Products and Chemicals, Inc. (U.S.) Air Liquide (France) Sicgil India limited (India) Matheson Tri-Gas, Inc.(U.S.) Universal Industrial Gases, Inc.(U.S.) The Messer Group GmbH (Germany) SOL Spa (Italy) POET, LLC (U.S.) Reliant Gases (U.S.) India Glycols Limited (India)

Oil Collection & Recovery Specialists in Melbourne https://benzoil.com.au/services/oil-recovery