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global pyrethrum market is projected to grow at a CAGR of 5.93% during the forecast period 2020-2026
tanmayFebruary 5, 2021
Pyrethrum Market Overview
Pyrethrum is a natural insecticide made from the dried flower heads of Chrysanthemum cinerariifolium and Chrysanthemum coccineum. Its active ingredient are pyrethrins. Pyrethrum flowers are harvested by hand in East African countries- Tanzania, Rwanda and Kenya – and are dried in the open air to avoid fermentation that can lead to pyrethrin losses. The dried flowers are placed into burlap sacks for transportation to processing facilities where they are ground into powder for extracting. Good quality dried flowers contain approximately 1.4% to 1.8% pyrethrins. According to Gen Consulting Company, global pyrethrum market is projected to grow at a CAGR of 5.93% during the forecast period 2020-2026. Growing potential for pyrethrum in industry is the chief contributor for the growth of the market.
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CNOOC s Penglai oil field starts output By ZHENG XIN | China Daily | Updated: 2020-12-18 09:08 Share CLOSE A CNOOC employee inspects an offshore oil drilling platform in Bohai Bay. [Photo by You Sihang/For China Daily]
Offshore oil and gas major China National Offshore Oil Corp said its Penglai 25-6 oil field area 3 project, located in the south-central part of the Bohai Sea, has started production ahead of schedule.
With an average water depth of about 27 meters, the project is expected to reach its peak production of about 11,511 barrels of crude oil per day in 2023, the company said in a statement on Monday.
Dongfang
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Jinzhou
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CNOOC Limited (NYSE: CEO, TSX: CNU) has announced that the Penglai 25-6 oilfield area 3 project has commenced production ahead of schedule.
CNOOC Limited (NYSE: CEO, TSX: CNU) has announced that the Penglai 25-6 oilfield area 3 project has commenced production ahead of schedule.
The project, which is located in the south central Bohai Sea, is expected to reach its peak production of approximately 11,511 barrels of crude oil per day in 2023, CNOOC outlined. In addition to fully utilizing the existing processing facilities of the Penglai oilfields, the project has built a new wellhead platform, with 58 development wells planned in total, including 38 production wells and 20 water injection wells, CNOOC noted.
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Luda
Liaoning
Liuhua
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Jinzhou
Nanbao
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