Undecylenic Acid Market to Grow at a CAGR of 5.8% by Value

Global undecylenic acid market size was estimated at over 170 kilo tons in 2015 and is likely to exceed 240 kilo tons by 2023, growing at a CAGR of over 4.2%. This market is was worth over USD 310 million in 2015 and is likely to be valued more than USD 520 million by 2023, growing at a CAGR of over 5.8%.undecylenic-acid

FDA approval for medical applications is likely to favor undecylenic acid market growth over the forecast period. It is also used against candida infection and also relives irritation, itching and burning sensations on skin.

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Castor Seed Price Weekly Report: Oct 17 – 21, 2016

CastorOil.in brings you the weekly report of castor seed price at Bombay Commodities Exchange.

Check out the table and the graphical data.

A slight decrease in price of castor seed was observed at the end of this week.

Price Date Rupees Per Quintal
17 Oct 3775
18 Oct 3835
19 Oct 3855
20 Oct 3865
21 Oct 3810

Castor Seed Price Weekly Report: Oct 17 – 21, 2016

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Chemical Modification of Cellulose Fibres Using Castor Oil

Cellulose fibre reinforced composites are considered suitable alternative to plastic products due to the environmental problems caused by the latter. However, pure cellulose fibres have a high hydrophilicity. Moreover, the polar character of these fibres causes their low compatibility with partially or totally hydrophobic polymer matrices.castor oil polyurethane

Owing to the poor wettability and adsorbability towards polymers, the surface modification of the fibres surface is essential, in order to improve the fiber/polymer compatibility and their interfacial adhesion. Hence researchers from France conducted a study to improve the properties of cellulose fibres by modifying the cellulose fibres with trialkoxysilane from castor oil.

Characteristic studies were carried out for the modified cellulose-castor oil polyurethane composites. Results showed that compared with the crude cellulose fibres, the organosilane treatment reduced the hydrophilicity of the natural fibres and increased the fiber/matrix compatibility.

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New Castor Oil Based Green Plasticizer

Scientists from India performed esterification of furfuryl alcohol and castor oil fatty acid at 3:1 molar ratio, by immobilized Candida antarctica Lipase B in a solvent free system.castor-oil-800067 A maximum yield of ester was obtained. Performance of the FA-COFA ester plasticized Ethyl Cellulose (EC) films were evaluated by certain characteristic studies.

Results showed that the furfuryl alcohol-castor oil fatty acid ester with significant plasticizing property at a certain concentration could act as a substitute for traditional plasticizer dibutyl phthalate.

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NMCE to Offer Deliverable Castorseed Contracts

The National Multi Commodity Exchange of India Ltd (NMCE) has announced modification in the castorseed contract, thereby making it deliverable as per the required market specifications. NMCE had constituted a Trade Advisory Committee (TAC) on castorseed for reviewing all the existing contract parameters of the contract and make them Castor-Oil-Seeds2deliverable.

The changes in the specifications were necessary to achieve wider participation from all the stakeholders. Currently, three futures contracts for November, December and January 2017 are active. The February 2017 series will be offered as per the delivery specifications.

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Castor Oil Based Biothiol for Photoinitiator-Free UV Coatings

Researchers performed an experiment to synthesize castor oil based biothiols with good stability for use in photoinitiator free UV coatings. Castor oil based biothiols were synthesized via esterification reaction between castor oil (CO) and 3-mercaptopropionic acid (MPA).castor-oil-800067

Characterization studies showed that the targeted oligomer was successfully prepared. Finally, the UV-curable films of CO-SH also showed good physical and chemical properties.

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Sebacic Oman Refinery Project Launched

The Special Economic Zone in a’ Duqm (SEZD) celebrated the laying of the foundation stone for OMR24 million Sebacic Oman Refinery Company for the production of Sebacic acid which is the first project of its kind in the Middle East.Sebacic_acid_3D_ball

The project will be built on a land area of about 400,000 square meters to produce the Sebacic acid, which is extracted from castor oil and enters in many of the chemical industry, manufacturers of plastics and medicines.

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Castor Oil Biodiesel–Diesel Blends for Compression Ignition Engine

Researchers performed an experiment where castor oil, ethyl ester were prepared by castor-oil-800067transesterification using potassium hydroxide (KOH) as a catalyst and tested on a four-stroke, single-cylinder compression ignition engine. The test was carried out at a constant speed of 3000 rpm at different loads.

The results represent a substantial decrease in carbon monoxide (CO) emission with an increasing biodiesel percentage.

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