Major companies in the ethyl alcohol and other basic organic chemical market include Archer-Daniels-Midland Company (ADM), Wacker Chemie AG, Celanese, Valero Energy Corp, Lanxess AG, Evonik Industries AG, Kao Corporation, The Clorox Co, Eastman Chemical Corporation, and Atul Limited.

New York, May 31, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Ethyl Alcohol And Other Basic Organic Chemical Global Market Report 2022" - https://www.reportlinker.com/p06281508/?utm_source=GNW The global ethyl alcohol and other basic organic chemical market is expected to grow from $1,087.27 billion in 2021 to $1,176.33 billion in 2022 at a compound annual growth rate (CAGR) of 8.2%. The market is expected to grow to $1,556.98 billion in 2026 at a CAGR of 7.3%. The ethyl alcohol and other basic organic chemicals market consists of the sales of ethyl alcohol and other basic organic chemicals by entities (organizations, sole traders, or partnerships) that distill wood or gum into products, such as tall oil and wood distillates, distill coal tars, produce wood or gum chemicals, such as naval stores, natural tanning materials, charcoal briquettes, and charcoal (except activated), produce cyclic crudes or cyclic intermediates (i.e., hydrocarbons, except aromatic petrochemicals) from refined petroleum or natural gas, and/or produce basic organic chemical products (except aromatic petrochemicals, industrial gases, synthetic organic dyes and pigments, gum and wood chemicals, cyclic crudes and intermediates, and ethyl alcohol). The main types of ethyl alcohol and other basic organic chemicals are synthetic sweeteners, plasticizers, ethyl alcohol, silicone (except resins), fatty acids, gum, and wood chemicals.Ethyl alcohol is a colorless, volatile, flammable liquid C2H5OH that is the intoxicating agent in liquors and is used as a solvent and in fuel. The grades are food grade, industrial grade, and cosmetics grade. The end-user industries are the chemical industry, coating and printing industry, electronics industry, food and pharmaceutical industry, and other end-user industries. Asia Pacific was the largest region in the ethyl alcohol and other basic organic chemical market in 2021.North America was the second-largest region in the ethyl alcohol and other basic organic chemical market. The regions covered in the ethyl alcohol and other basic organic chemicals report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Ethyl alcohol or ethanol is being used as a combination with motor fuel in some countries.Ethyl alcohol used for fuel is being blended into gasoline at concentrations of 5% to 10%. Mostly sugar cane and corn are used to produce ethanol.For example, ethanol has replaced methyl tertiary butyl ether as a gasoline component and 50% of cars in Brazil are using 100% ethanol as fuel. Ethanol-only engines and flex-fuel engines are also adding to the growth of this market.Furthermore, many state and local governments in emerging markets such as China and India are passing laws for mandatory blending of ethanol in gasoline and diesel to reduce carbon emissions. For instance, China announced a nationwide ethanol mandate, which expanded the mandatory use of E10 fuel (gasoline containing 10% ethanol) from 11 trial provinces to the entire country by 2020, thus driving the growth of the ethyl alcohol market. Interest rates globally are forecasted to rise in most of the developing and developed economies during the forecast period.This is expected to limit new investments in the market. Most countries across the world are raising interest rates to control inflation and also to limit the flow of capital out of the country.This is likely to affect new investments in terms of expansion, research, and development of new products. For instance, the US interest rates are expected to rise up to 3.5% by 2021. These factors are expected to have a negative impact on the market as borrowing money will become expensive, thereby affecting market growth. Chemical companies are increasingly using automation and instrumentation solutions to control the production process more effectively.Automation instruments include control valves, temperature transmitters, level transmitters, flow transmitters, and pressure transmitters that help to improve operational efficiency in manufacturing facilities. For example, Siemens process instrumentation and gas analytics solutions increase productivity and efficiency during plant operations. The countries covered in the ethyl alcohol and other basic organic chemical market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. Read the full report: https://www.reportlinker.com/p06281508/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

Elon Musk stole the spotlight this morning, and his reported comments are hitting the stock prices of many electric vehicle (EV) makers. Nio (NYSE: NIO) is one that shares the Chinese market with Musk's Tesla, and its American depositary shares are being impacted. As of 11:06 a.m. ET, Nio shares were down 4.9% on the final trading day of the week.

Yahoo Finance senior health reporter Anjalee Khemlani looks at the FDA linking myocarditis to Novavax's COVID-19 vaccine, in addition to the rise in monkeypox cases in the U.S.

Boeing did not immediately respond to a Reuters' request for a comment. Last month, Boeing Chief Financial Officer Brian West said the 737 MAX production and deliveries were hit by the shortage of a particular wiring connector. Resuming deliveries of 787 Dreamliners and clearing inventories of its 737 Max are vital to Boeing's ability to emerge from the overlapping pandemic and jet-safety crises, a task complicated by supply-chain bottlenecks and the war in Ukraine.

Oil rig numbers have climbed, but producers remain reluctant to deliver more oil, focusing instead on oil stock investors.

Despite weak balance sheets, these companies are showing good profitability

Oil prices are higher than have been seen in years. Saudi Arabia may be the only country that can help.

If oil keeps rising, it would be great news for energy stocks—and oil exploration stocks in particular.

(Bloomberg) -- Australia’s new government, elected with a promise to accelerate a shift away from fossil fuels, is holding talks with oil and gas giants to ease an energy squeeze that’s delivered a first major test.Most Read from BloombergOne-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey FindsTesla Pauses Hiring as Musk Aims for 10% Staff Cut, Reuters Says‘Most Clever Oligarch’ Severed His $37 Billion Fortune From Russian RootsElon Musk’s Ultimatum to Tesla Execs: Return t

Facebook’s COO Sandberg to quit, fresh data on manufacturing and jobs, Pfizer seeks approval for Covid vaccines for young children, and other news to start your day.

The copper industry is comprised of companies involved in the exploration, extraction, development, and production of copper, one of the most widely used metals. Copper demand is closely tied to economic cycles as it's used for a broad range of applications, including construction, electronics, industrial machinery, transportation, power generation, and transmission.

(Bloomberg) -- Oil posted a sixth weekly gain after a keenly anticipated OPEC+ meeting delivered only a modest increase in output that failed to assuage concerns over a widening supply deficit. Most Read from BloombergOne-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey FindsTesla Pauses Hiring as Musk Aims for 10% Staff Cut, Reuters Says‘Most Clever Oligarch’ Severed His $37 Billion Fortune From Russian RootsElon Musk’s Ultimatum to Tesla Execs: Return to the Office or Get O

Tesla shares are down after CEO Elon Musk stated the company would be laying off 10% of its workforce amid his bearish sentiment on the economy.

In May, McDonald's Corp sold the restaurants to Govor, one of its licensees in Russia, who will rebrand them under a new name, ending more than three decades of the "Golden Arches" in the country. "We have a challenging and ambitious plan - to reopen all of the chain's restaurants in two months," Govor, who initially owned 25 McDonald's restaurants in Siberia as a franchisee, said in the interview with the Forbes Russia magazine. McDonald's temporarily closed its restaurants in Russia in March after Russia sent troops to Ukraine.

Shares of Twilio , the a cloud communications platform, have been in a downward trend since July but now the tide looks like it is shifting and the price action is more positive. A lower price is not a reason to buy so let's look further. The trading volume increased at the time of the early May low and that is a "tell" that investors may have come in as buyers.

Anytime a Krispy Kreme store has its "Hot Light" on, you can grab a free glazed doughnut.

Shares of Nio (NYSE: NIO) continued to bounce from 52-week lows this week. Nio reported its May 2022 delivery data Wednesday, and the numbers were somewhat disappointing. The production delays impacted automakers throughout China, but peers XPeng and Li Auto both delivered notably more vehicles than Nio last month.

(Reuters) -Boeing Co Chief Executive Dave Calhoun said on Friday the U.S. planemaker has no current plans to tap equity markets, and signaled a wait of at least two years before launching a new aircraft program. Calhoun also said Boeing had received a "clear" response letter from the U.S. Federal Aviation Administration (FAA) regarding its 787 Dreamliner certification package submission, but there was always work to do post-application. Clearing a swollen inventory of twin-aisled Dreamliners and its best-selling 737 MAX is vital to Boeing's ability to emerge from the overlapping pandemic and jet-safety crises, a task complicated by supply-chain bottlenecks and war in Ukraine.

The U.S. startup – which uses flared natural gas to power Bitcoin mining rigs – counts the sovereign wealth funds of Abu Dhabi and Oman as investors.

Crude oil markets continue to see upward pressure overall, as Friday shows that traders are willing to hang onto crude oil through the weekend, showing just how bullish the market is.

Bitcoin (CRYPTO: BTC), for example, has fallen nearly 53% from its peak in November. Ethereum (CRYPTO: ETH) is down nearly 60% in that time frame. If you've invested in crypto (or are considering buying now), this slump can be alarming.