Introduction The project provides Dow Chemical with a once-in-a-lifetime opportunity to become the leading petrochemical company in Argentina as well as in Latin America. In addition‚ the petrochemical sector in Argentina is also an oligopoly‚ posing a low business risk for this project. 1.1 Key advantages of the Bahia Blanca petrochemical pole • The PBB cracker is gas-based making it less costly to operate as compared to a naphtha-based cracker; • There is an excess demand for Polyethylene
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rP os t 9-204-021 REV: MARCH 31‚ 2006 MIHIR A. DESAI Dow Chemical’s Bid for the Privatization of PBB in Argentina op yo On November 10‚ 1995‚ Oscar Vignart‚ vice president of business development for Latin America for Dow Chemical Company (Dow)‚ and Luis Marcer‚ CFO of Dow Química Argentina‚ considered the bidding price on Petroquímica Bahia Blanca S.A. (PBB)‚ which was being privatized by the Argentine government. PBB produced both ethylene and polyethylene. It was part of a petrochemical complex
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Ermina Dedic Legal Brief 1 Name of Case: Dow Chemical Co. v United States. Court: U.S. Supreme Court Citation: 476 U.S. 227 (1986) Parties and their roles: Dow Chemical (Plaintiffs/Petitioner) and United States (Defendants/ Respondents) Facts: Dow Chemical operates a two-thousand-acre chemical plant at Midland‚ Michigan. The facility‚ with numerous buildings‚ conduits‚ and pipes‚ are visible from the air. Dow has maintained ground security at the facility
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Arun Chhikara PGDM-IB-208 BATCH 2011-13 BIMTECH Arun Chhikara PGDM-IB-208 BATCH 2011-13 BIMTECH Woodson Chemical Company Woodson Chemical Company Executive Summary Excellent customer service is a way to set the organization apart from its competitors. Differentiation can be achieved through fast and correct execution of product ordering. To improve on the order process it is important to have the correct information provided in a timely fashion to all divisions. For integration to be
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Whirland Chemical Company There are a number of factors with Whirland Chemical Company that raise concern and increase the audit risk of this company. We will go over the major concerns one by one‚ and then determine the level of audit risk we are willing to accept on this engagement. * a) b) * First of all‚ we are auditing Whirland for the first time. Because this is the first time we are auditing Whirland‚ a lot of research has to be done on the operations of the company. We need
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Introduction: Ovania Chemical Corporation is a specialty chemicals producer. Its core product is polyethylene terephthalate (PET) thermoplastic resins‚ which are used mainly to make containers and packages for bottled water‚ soft drinks‚ foods‚ and pharmaceuticals. Their main plant is located in Steubenville‚ Ohio. Though smaller than other chemical producers that produces globally‚ it has competed successfully in its niche of the US specialty chemical business. Recently advances in technology have
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WGP CHEMICAL COMPANY CASE STUDY 1. What is the total distribution cost for W-G-P Chemical Company? What is the cost per pound‚ cubic foot‚ case‚ line‚ and order? How can these measures contribute to the distribution review process? In order to calculate the total distribution cost‚ carrying cost must be calculated. Inventory carrying cost rate was given as 18%. The formula is Annual carrying cost=average inventory level * carrying cost rate Average inventory was given in table 4 as $90 million
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The Grayson Chemical Company I. Problems A. Macro 1. Grayson has become stagnant‚ failed to change‚ and is no longer competitive. 2. The current people at Grayson are not acceptable to change. 3. There is a culture of doing things by the book. B. Micro 1. Incompetent managers promoted. 2. Board does not have a consensus of opinion. II. Causes 1. Grayson has not been proactive with its environment. 2. Corporate culture is very resistant to change. 3. Board does not speak with one
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Dow Chemical By Kai Draaisma Laurens de Blij Diedrik Oost Eva Sloff Lesley Flohil 13-11-2012 Duisenberg School of Finance Executive summary 1. Summary of Facts. With an annual revenue of $20.2 billion Dow held the leading market position worldwide in ethylene and polyethylene (exhibit 1b). To consolidate all of Bahia Blanca’s polyethylene activity under Dow’s control a three-stage plan was developed. The first stage involved taking control of PBB‚ the second stage involved
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| LJB Company Internal Control Report Review | October 2‚ 2011 | [Type the document subtitle] | The management of LJB Company is responsible for establishing and maintaining adequate internal control over financial reporting. This internal control system is designed to provide reasonable assurance to the company’s management and board of directors regarding the preparation and fair presentation of published financial statements. All internal control systems‚ no matter how well designed
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