Even with justifiable economics and appropriate incentives from the technology developer or owner, most CPI companies are reluctant to be the first, or even the second, adopter of a new process or catalyst system. Most building-block petrochemicals and high-value specialty chemicals produced today are very mature technologies with well-known competitive economics. Being an early adopter can actually have a significant upside because projects can take years to realize. For companies to significantly improve their competitive position, they must move from the standard tried-and-true processes to more forward-looking innovative technologies. Those who choose to “wait and see” run the chance of operating with a sustained disadvantage once the new technology is commercialized. However, on the downside, the risk to the early adopters is failure of the new technology to meet expected performance, thus jeopardizing the entire investment. The chances for success improve with a deeply thought-out and rigorously executed development plan.
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Sorry, Jay, I simply cannot agree, and further I would go out on a limb and say that your analysis is flawed. Here's why:
Fixed- and trickle-bed vapor- and liquid-phase reactions can typically be done in single-tube reactors as small as¾-inch diameter. However, this is very much dependent on catalyst particle size, reaction energetics and expected commercial thermal profile. Careful sizing and loading of the reactor are required to prevent bridging and uneven flow distribution. Inert materials are sometimes used to dilute the catalyst bed for improved flow distribution and thermal control.
In a fluid-bed reactor, most of the gas is in the form of bubbles rising through a well-mixed bed of suspended solids. The performance of a fluid-bed reactor is directly related to the bubble hydrodynamics, which is a complex function of vapor-phase properties, including density and viscosity, and solid-particle properties (such as particle density and particle-size distribution). Much of this can be difficult to predict from first principles, so empirical correlations are typically used. Bubble hydrodynamics in small fluid beds will be very different from commercial-scale units, as the bubble size is constrained within the walls of the equipment. The bubbles tend to form slugs, and slugging beds perform quite differently than freely bubbling beds. Therefore, scaleup is usually carried out stepwise in increasingly larger equipment, progressing from benchtop through pilot-scale to a demonstration reactor. At a minimum, the last step before full industrial scale should be large enough to be free of the “wall effects” that lead to slugging. A good understanding of the bubble dimensions and other fluid-bed properties, including bed density and solids entrainment rate, is required to ensure the final pre-commercial stage is larger enough to be representative of a full-scale reactor. Additionally, non-reactive “cold flow” models can be a cost-effective supplemental tool to help accumulate this knowledge.
But that is not the issue I was putting forth. That issue is purely technocratic: are Trump's policies on tariffs working as respects basic steel? And if they are (or are not), whose ox is being gored? Those are interesting issues, as it, in a microcosm, will also determine Trumpian policies on everything else, including the Oil Patch. And right now, there is some evidence surfacing that Trump's tariffs are having an effect, that they are taking a bite out of dumped steel. Does that mean that the policy has intellectual rigor? Of course not. Indeed, I would argue that nothing that Trump does has intellectual rigor. But that is not the issue, nor the point; we are asking, what effect does the policy now have, and how do we predict that industry will accommodate the new policy?
The 2017 tests showed only one exceeded the 15 parts per billion limit set by the EPA requiring an explanation and potential action from the city. That home recorded 23 ppb of lead in the water, Berg said, which was because the water sat in the pipes for a couple of weeks while the family was on vacation. Under that extenuating circumstance and because other samples were under the limit — 21 sites had less than 1 ppb or none detected at all — the city didn’t have to alter measures used to keep residents safe from lead.
Yup, you gotta watch out for those immigrants, next thing you know, they get all wordy on you. Dangerous business, immigration. Probably better off to deport them to Norway. Or a one-way taxi ride to the Roxham Road. In handcuffs. if you please!
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The UAE's second largest private steel manufacturer Conares inaugurated its 12-inch pipe mill in Dubai’s Jebel Ali Free Zone (JAFZA)...
Ternium (NYSE:TX) last posted its quarterly earnings data on Tuesday, October 30th. The basic materials company reported $2.49 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.89. Ternium had a return on equity of 21.81% and a net margin of 11.58%. The business had revenue of $2.90 billion during the quarter, compared to analysts’ expectations of $3.04 billion. During the same quarter in the previous year, the firm earned $0.99 EPS. The firm’s revenue was up 14.5% compared to the same quarter last year. As a group, equities research analysts forecast that Ternium will post 6.89 EPS for the current fiscal year.
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Britain’s steel industry: What’s going wrong? | Spiral Carbon Steel Pipe Related Video:
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