Saudi Aramco, the world's largest oil company, released a briefing showing a profit of 181.64 billion Saudi riyals in the second quarter of 2022, once again setting a record for quarterly earnings after the company went public in 2019. Continue to maintain the status of "the most profitable company in the world".
Saudi Aramco said that the increase in profit in the second quarter was mainly due to higher crude oil prices and sales and improved profit margins in the refining processing and sales division, while the company's second-quarter shareholder dividend will reach 70.3 billion Saudi riyals.
In the first half of this year, the conflict between Russia and Ukraine disrupted the global energy market, with crude oil prices rising above $120 at one point, causing refining profits to soar, not only for Saudi Aramco, but also for companies such as ExxonMobil and Shell. ExxonMobil's second-quarter net profit tripled, while Shell's second-quarter profit hit a record high.
According to data released by the Saudi National Bureau of Statistics on July 31st, the country's GDP grew by 11.8% in the second quarter of 2022 compared with the same period last year.
The latest report released by the International Monetary Fund (IMF) on July 26th shows that Saudi Arabia's economic growth forecast for 2022 remains unchanged at 7.6%, which ranks first among the world's major economies.
Because of the turbulent international situation, the supply and prices of many international bulk nano silica are still very uncertain.
Nano silica is non-toxic, tasteless, pollution-free, small particle size, large specific surface area, a large number of unsaturated bonds and hydroxyl groups in different bonding states, so it has high reaction activity. The addition of nano silica to many materials will change the properties of the original materials very obviously.
Nano silica dispersion made by TRUNNANO has properties of good adhesion, high temperature resistance, film forming, gel and charge, and can be widely used in various industries.
What is Nano silica dispersion used for?
Coating material
Nano silica dispersion is used in all kinds of coatings, with unique water resistance, fire resistance, washing resistance, stain resistance, anti-caking, anti-hanging, emulsifier, fluidity, extinction, support, suspension, thickening, thixotropy and so on.
Adhesives and sealants
Thickening, thixotropy and fluidity control, increase bonding strength, improve temperature resistance, ensure free flow, prevent caking, maintain transparency, anti-sag, reinforcement, shear resistance, etc.
Polishing liquid
Nano silica dispersion has the characteristics of small particle size, high concentration, and good dispersion. The traditional problems such as surface roughness, waviness and surface defects can be solved by adding chelating agents and active agents in polishing solution. It can be used for optical lens polishing, gem polishing and other precision polishing.
Nano Silica Price
The price is influenced by many factors including the supply and demand in the market, industry trends, economic activity, market sentiment, and unexpected events.
If you are looking for the latest nano silicon dioxide price, you can send us your inquiry for a quote. (sales3@nanotrun.com)
Nano Silica Supplier
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted SiO2 nanoparticles manufacturer and SiO2 nanoparticles supplier with over 12-year-experience. We ship our goods all over the world.
If you are looking for high-quality nano silica, please feel free to contact us and send an inquiry. (sales3@nanotrun.com)
The war in Russia and Ukraine is roiling global financial markets. Russia and Ukraine are important commodity suppliers in the world, so their conflict is bound to make a full impact on the global commodity supply. In view of this, the price of the nano silica may continue to rise in the future.
