What is global trade?
Global trade The simplest definition is international trade, which means the process of trading goods and products between two or more foreign markets. International trade allows countries to expand their markets and gain access to goods and services that might never be available in that country without international trade. As a result of international trade, markets become more competitive, which ultimately leads to more competitive pricing and cheaper goods for the consumer. International trade and foreign trade have been a fundamental factor in the emergence of the global economy. In international trade, supply and demand, and ultimately prices, are affected by global events, as a result of which global economic variables are defined and examined globally. For example, political change in Asia could lead to higher labor costs. This can increase the cost of producing an agricultural product, and increase the price of a product that a European consumer may…
Groups of base oil
Given that various refining processes that are common today for the production of base oils can lead to the production of base oils with different properties, the American Petroleum Association (API) has classified base oils according to their physicochemical properties and characteristics. You can see this classification in the table at the bottom of the page. The first three groups are the base oils obtained from crude oil refining, among which group III base oils are the group that has been processed the most, is the most expensive and has the highest yield among the mineral oils obtained from crude oil. Has. Group IV oils are synthetic (PAO based) and are made chemically. Esters, glycols and other base oils that do not meet the specifications of the first four groups are in group V of this classification. Petroleum oils, which have a low index due to the low percentage of…
Other types of base oil
The use of natural oils has been important since ancient times, with the advent of crude oil and the direct supply of cheap vegetable oils to the market, so natural lubricants have been removed from the market over time and the harvest has been made available to the public. Over time, at the end of the war, due to the lack of crude oil, the lubricants left behind were again noticed by the people and returned to the field, which left a good position for itself, in which we can refer to the war period. Natural oils were used as fuel during the war, so the production of greases and lubricants increased, and the Arab oil shock of 1973 reaffirmed the need to focus on non-oil resources. Synthetic base oils Synthetic or conventional oils are oils that are lubricated by connecting one or more identified low-molecular-weight organic components in a controlled…
Base Oil SOC 4
SOC-4 is a paraffinic base oil with very high viscosity index (VHVI). The high quality of this product is available by using selected feed and complementary refining processes. This base oil is used in the manufacture of a wide range of lubricants, including a variety of gasoline and diesel engine oils, gear, turbine, hydraulic, compressor and other industrial oils. Low sulfur content and high level of saturated compounds and viscosity index value above 120, this oil is classified as Group III oils according to API classification. This oil is sold in bulk and packaged in barrels, flexi and IBC. Applications Types of diesel and gasoline engine oils Types of gas and dual-fuel engine oils Types of industrial lubricants including turbine, hydraulic and compressor Types of gear oils As a solvent in the manufacture of some additives Advantages Excellent performance properties at low temperatures Very bright color High oxidation and thermal…