The Biden administration plans to ease sanctions on Venezuelan oil to allow more of the country's crude to reach Europe.
The U.S. will allow European companies still operating in Venezuela to immediately transfer more oil to the continent, while allowing Chevron to negotiate a resumption of operations in Venezuela, according to people familiar with the matter. Venezuela's OPPOSITION, which is backed by the United States, is understood to favor the move. Tight global oil supplies have sent crude and fuel costs soaring, threatening to add to already high inflation. Increasing Venezuelan crude exports would help ease supply constraints while also helping to reduce Europe's dependence on Russian energy.
The US has sought to encourage talks between the Venezuelan government and the US-backed opposition to open the way to free and fair elections by extending a limited license held by Chevron to allow the oil company to maintain its operations in Venezuela and negotiate future operations.
The United States reportedly did not extend a permit to Allow Chevron to drill and sell Venezuelan crude, as the company had hoped.
The license extension will allow Chevron to negotiate with State-run Petroleos de Venezuela SA, with which it has a joint venture. Previously, the company could not directly negotiate with any officials sanctioned by the United States. Chevron has been lobbying the United States to allow it to drill for Venezuelan crude and sell it on world markets to help lower energy prices amid the Russia-Ukraine war.
Affected by the ever-changing international situation, the supply and prices of many commodities like the titanium carbide are still very uncertain.
What is Titanium carbide?
Titanium carbide chemical formula is TiC. The molecular weight of titanium carbide is 59.89. Gray metallic face-centered cubic lattice solid. Titanium carbide melting point is 3140 ±90℃. Titanium carbide boiling point is 4820℃ and the relative density is 4.93. The hardness is greater than 9 Mohs.
Titanium carbide is insoluble in water, soluble in nitric acid and aqua regia. It is stable to air when it is lower than 800℃, eroded by air when it is higher than 2000℃, and can react with pure O2 at 1150℃.
What is titanium carbide used for?
Titanium carbide is used to make cemented carbide and as an electrode and abrasive for arc lamps.
Titanium carbide is used to prepare cermet. Titanium carbide is usually used to process steel at high cutting speed because of its wear resistance and high hardness. It is also used as a wear-resistant surface coating for metal parts, such as tool drills and watch mechanisms. Titanium carbide is also used as a thermal insulation coating for re-entry of spacecraft.
Titanium carbide is an important component of cemented carbide and is used as a deoxidizer in steelmaking industry. For example, 7075 aluminum alloy (AA7075) is almost as strong as steel, but weighs 1/3 of steel. Large alloy parts can be welded by using AA7075 rods with TiC nanoparticles without cracks caused by phase segregation.
Titanium carbide vs. Tungsten carbide
The carbide has a Mohs hardness of 8.5 to 9, a melting temperature of 2870°C and a low electrical resistance. it is often used as cutting tool materials, braiding, high hardness armor or armor piercing cores, as well as pointed beads that require high hardness sports equipment parts and atoms. It can also be used as a neutron reflector.
Titanium carbide is lighter and cheaper than tungsten carbide, but it is more brittle in cutting tools.
When titanium carbide is combined with tungsten carbide in sintered cemented carbide tool materials, the tendency of pits in the tool can be reduced.
Titanium carbide 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 Titanium carbide TiC price, you can send us your inquiry for a quote. (firstname.lastname@example.org)
Titanium carbide Supplier
Luoyang Tongrun Nano Technology Co. Ltd. (TRUNNANO) is a trusted Titanium carbide manufacturer and TiC supplier with over 12-year-experience. We ship our goods all over the world.
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The grain carrier Brave Commander, which departed from the Ukrainian port on 16 August, is scheduled to arrive at the port of Djibouti on 30 August local time. This is the first humanitarian ship to deliver food to Africa since the agreement on the outward shipment of agricultural titanium carbide, please feel free to contact us and send an inquiry.
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