Why This Steel CEO Is Tired of Hearing About Overcapacity — The Motley Fool | Galvanized Round/Square Mild Steel Pipe

And so it did. I was at about 300 feet over a landscape of railroad tracks, power lines, trucks and cars when there was a loud thud and the engine lost power. But there was still a little left. I limped around the pattern without gaining another inch of altitude. As I turned base, smoke began rising from the right side of the cabin floor. By the time I was on the ground, it was getting hard to breathe.

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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With the information available at the pilot-plant stage, the capital cost of the anticipated commercial unit should be estimated. It goes without saying that the estimate is only as good as the pedigree of the input information. To achieve a robust estimate, one of the first activities should be creating an equipment list encompassing all the equipment on the flowsheet. The equipment list should summarize equipment size and type, dimensions (diameter and length), mechanical design conditions (temperature and pressure) and materials of construction. For pumps and other rotating equipment, volumetric capacity and differential pressure are required to determine driver requirements. Using current equipment pricing or pricing scaled from similar equipment or plants, an order-of-magnitude factored estimate can provide a relatively good idea of inside battery limits (ISBL) investment. Equipment costs can be obtained directly from vendors and past projects, or based on historical cost indices or scaling similar equipment. While having access to accurate equipment pricing is important, knowledge of installation factors and regional location factors, such as construction costs, are also key to determining an accurate investment picture. A more accurate estimate will include a breakdown of direct costs, such as piping, instruments, structural steel, electrical systems, concrete and insulation, as well as construction and field labor.

By 2019, Asia is widely expected to make up roughly 26% of the global financial wealth. The same expectations share RICH ASIA CORPORATION PUBLIC CO and its stocks. This massive growth is primarily driven by thriving Asian nations such as Thailand.

Good idea, but Mr. Buffett got there first and bought them way back when (vision) and although I was thinking about buying a few thousand shares of Berkshire, I'm waiting for a dip in the market.  Any day now.....

Another potential difference between the pilot and demonstration unit could be the materials of construction. For the pilot plant, it may be expeditious or only a small added cost to use a high-alloy material for the reactor and its associated tubing. In the end, however, researchers need to ensure that metallurgy will not influence the chemistry by catalyzing coking or other undesirable reactions. Materials selection for the demonstration and commercial plant should be based on known reaction and corrosion-rate data available from literature or data generated in the laboratory. Where possible, critical pilot-plant systems are made of the same materials of construction as those projected for commercial scale. For example, the pilot-scale reactor itself acts as the “corrosion coupon” since it was exposed to the fluids, temperatures and pressures of the actual reaction system. Metallographic analysis of the reactor after removal from service provides data crucial to the selection of materials of construction going forward.

Highly exothermic and endothermic reactions, which have large extremes between bed inlet and outlet conditions, can also produce noticeably different results compared to nearly isothermal operation. Per-pass conversion, yield and selectivity can be greatly impacted by all of the above. Consequently, while a prime catalyst candidate can certainly be identified using small-scale, high-throughput testing, alternatives should be available when unforeseen results are encountered.

The electric car revolution has already begun thanks in large part to government regulations and incentives in China, Europe, and even the U.S., and also thanks to solid EV offerings from Nissan, Chevrolet, and Tesla.

25 – Pope Francis acknowledged that the sex abuse scandals rocking the Catholic Church had outraged the faithful and said the church must change its ways if it wanted to keep future generations. The statement followed the release of a report that concluded at least 3,677 people were abused by clergy between 1946 and 2014.

Lane Berg, Eau Claire’s utilities manager, checks the incoming water pipe at 1604 Hoover Ave. Testing the pipe with a magnet and scratching its surface reveals it’s copper and will not need to be replaced. Homes with a service line of galvanized steel, which can contain lead lining, are eligible for a replacement reimbursement program if they’re along streets where the city has already replaced its water mains with copper pipes.

The shareholders include Managing Director Tharin Stuart and Director Robbie Carelse who oversees production and logistics