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Gagliano also testified BP's decision to use a dry cement blend on the Macondo well left over from an earlier BP drilling operation was based on his recommendation. BP could have disagreed with his decision, he said, and Halliburton could have sold them additional cement, "which would have been additional revenue for us."
“CMC is one of the most important derivatives of cellulose ether, which is known for thickening, binding, and stabilizing. It is used to avoid the formation of ice crystals, and prevents layering of beverages. It is also used to enhance the taste of food and beverages. CMC is used for its properties in various applications such as food and beverages, pharmaceuticals, cosmetics, oil and gas, paints and detergents. It is used in drilling muds in the oil and gas industry. There is an increasing demand for CMC with the growth in the oil and gas industry. It is preferred by manufacturers as it is cost-effective and helps in the reduction of cost of end-products.”
CMC having purity (active ingredient) above 95% held the highest share exceeding 40% in 2016 and will follow the similar trend by 2024. The carboxymethyl cellulose market growth will be ascribed to the high demand for cellulose gum with purity more than 99.5% from food & beverage and pharmaceuticals applications.
Split by application, this report focuses on consumption, market share and growth rate of Carboxymethyl Cellulose market in each application and can be divided into:
North America is another dominant region in the global market, exhibiting an expanding CAGR. The presence of the developed end-user industries is expected to augment the need for surfactants, especially in Canada and the U.S. Moreover, the recent shale gas boom has augmented the exploration and production activities mainly in the U.S.
Steve is a senior reporter with an experience of 7 years and has an in-depth knowledge of the technology sector. He is interested in the crunches in the electronic and mobile market, information technology, global automobile market etc. Steve also covers the gadget updates from tech giants Microsoft, Apple, Google and much more. He has an educational background in journalism. Steve loves to be in natures laps, thus he plants trees in free time. He also has his own garden with different types of flowery plants, where he spends his mean time.
About FactMR FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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Knowing that now, plaintiffs' lawyer Paul Sterbcow asked Gagliano later in his testimony whether he second-guessed his decision.
Global Implantable Neurostimulators Market 2018 By Business Development,Opportunities,Revenue & Future Growth till 2025
Flotek Industries has a beta of 1.54, suggesting that its stock price is 54% more volatile than the S&P 500. Comparatively, HighCom Global Security has a beta of 1.85, suggesting that its stock price is 85% more volatile than the S&P 500.
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