Late one afternoon Morris Plant Manager of Diamond Chemicals Merseyside was discussing a capital project with her controller that Morris wanted to propose to senior management. The project consisted of a 9 million pounds expenditure to renovate and rationalize the polypropylene production line at the Merseyside plant in order to make up for the deferred maintenance and to exploit opportunities to achieve production efficiency. The proposed Capital Program Morris had assumed responsibility for the
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Background Victoria Chemicals‚ a major player in the global chemical industry that supplies polypropylene‚ polymer that used to manufacture carpet fibers‚ packaging‚ automobile parts to the customers in Europe and the Middle East. Apart from numerous small producers‚ the company also receives the threats from the other seven major competitors. The company owns two plants in Europe‚ one being Merseyside Works‚ England and Rotterdam Facility‚ Holland. Both plants were built in 1967 and are identical
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1. Victoria Chemicals evaluate its capital-expenditure proposals in four ways. They are average annual addition to earnings per share‚ payback period‚ net present value‚ and internal rate of return. An earnings per share method is to indicate a company’s profitability. For Victoria Chemical‚ this was calculated with the average annual earnings per share contribution of the engineering-efficiency project over its entire economic life. However‚ for the basis of the calculation‚ the project’s initiator
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02-05-2013 INSTRUCTOR’S NAME : Hoàng Lê Sơn EXPERIMENT 1: CHEMICAL REACTIONS I. INTRODUCTION – OBJECTIVES In this first experiment‚ we will perform 8 chemical reactions and 1 flame test in order to determine 2 things : a) firstly‚ we can know whether a reaction occurred or not. To complete our mission‚ we need to observe carefully some signs of chemical reaction’s appearance such as the change in color of solution‚ precipitate’s existence‚ the release of gas‚ also check the change
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THE CHEMICAL COMPOSITION OF AQUEOUS SOLUTIONS (pp. 94-98) Electrolytes – forms ions when dissolved in water (or certain other solvents) and thus produce solutions that conduct electricity. Strong electrolytes – ionize essentially completely Weak electrolytes – ionize only partially Solution of weak electrolyte will be a poorer conductor than a solution containing an equal concentration of a strong electrolyte Brønsted-Lowry theory Acid is a proton donor Base is a proton acceptor H2O + HNO2 H3O+ +
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VICTORIA CHEMICALS PLC THE MERSEYSIDE AND ROTTERDAM PPROJECTS I would choose Merseyside project rather than Rotterdam’s not only for its superior prospect based on the quantitative criteria‚ but also for a more rational strategy consideration. For the four investment criteria‚ here’s the elaboration. NPV. Since the two plants are of identical scale‚ age‚ design and similar project size‚ it makes sense to use NPV to compare the two projects. Not taken into account the erosion at Merseyside‚
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Phuong Nguyen Cheryl Thompson BBB4M0 June‚ 10‚ 2012 Diamonds There are many different kinds of valuable gem in the world; however‚ diamonds is the most precious and favorite stone all the time. As the hardest known naturally material‚ diamond can be used to polish‚ cut and become a jewelery. Consumer claim that diamond is forever‚ that’s why diamond wedding ring represent for the endless love. This is a reason why diamond always become a “hot topic” in the market all over the world.
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essay By Ian Diamond (Synthesis of artificial diamonds) Everyone knows Diamonds are hard and beautiful‚ but there are less people known a diamond could be the oldest material. Diamonds are found may be 50 to 1‚600 million years old‚ the diamonds themselves are about 3.3 billion years old. This difference is because the volcanic magma that solidifies into rock where diamonds are found did not create them‚ but only transported the diamonds from the Earth’s cover to the surface. Diamonds also may be
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CHEMICAL REACTIONS OF COPPER AND PERCENT YIELD Objective To gain familiarity with basic laboratory procedures‚ some chemistry of a typical transition element‚ and the concept of percent yield. Apparatus and Chemicals |0.5 g piece of no. 16 or no. 18 copper wire |evaporating dish | |250 mL beaker (2) |weighing paper | |concentrated HNO3 (4 – 6 mL)
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“A diamond‚ is the symbol for love‚ commitment‚ and a joyful new beginning‚” said the TV commercial. Many of the world’s diamonds‚ are mined using practices that exploit workers‚ children‚ and communities. A million diamond diggers in Africa earn less than a dollar a day. Miners are dying in accidents‚ child labor is widespread‚ and corrupt leaders are depriving mining communities of funds badly needed for economic development. In extreme cases‚ diamond mining can cause entire ecosystems to
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