Case #22 Victoria Chemicals Synopsis and Objectives go/no-go decision 1. The identification of relevant cash flows; in particular‚ the treatment of: a. sunk costs b. cash flows obtained by cannibalizing another activity within the firm c. exploitation of excess transportation capacity d. corporate overhead allocations e. cash flows of unrelated projects f. inflation. 2. The critical assessment of a capital-investment evaluation system
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Chemical Weapons Chemical weapons use the toxic properties of chemical substances rather than their explosive properties to produce physical or physiological effects on an enemy. Although instances of what might be styled as chemical weapons date to antiquity‚ much of the lore of chemical weapons as viewed today has its origins in World War I. During that conflict "gas" (actually an aerosol or vapor) was used effectively on numerous occasions by both sides to alter the outcome of battles. A significant
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Page 1 of 63 PIPING QUESTIONAIRE Questions related to Codes & standard: 1. What is the ASME code followed for design of piping systems in Process piping (Refineries & Chemical Industries)? (i) B 31.1 (ii) B 31.3 (iii) B 31.5 (iv) B 31.9 Answer (II) 2. Which American institute standard does piping engineer refer? Answer: A. B. C. D. E. F. G. The American Petroleum institute (API). The American Iron & Steel institute (AISI). The American Society for Testing and materials (ASTM). The American
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Group Paper Analysis‚ Team 4 4/22/2010 Victoria Chemicals (B) Group Case Study Introduction Victoria Chemicals’ Intermediate Chemicals Group (ICG) is evaluating two mutually exclusive proposals on their capital expenditures. The Liverpool and Rotterdam plants have compiled separate proposals. Each proposal had the potential to increase the polypropylene output by 7 percent for their plant respectively. Victoria Chemicals could not view a 14 percent increase companywide being feasible‚
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Victoria Chemicals: The Merseyside Project Executive Summary Victoria Chemicals is facing pressures from investors to improve its financial performances. The plant manager is currently considering whether to accept a GBP 12million initial outlay project to renovate its polypropylene production line at Merseyside plant. The benefit of the plant is the lower energy requirement of production and a greater manufacturing capacity. This report consist a recommendation for the plant manager which consists
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What is Nova Chemical’s strategy? How do the various divisions relate to the firm’s overall strategy? Industry analysts are expecting high growth rates for specialty chemicals of 10-15%. As a result‚ Nova Chemical has a 5 year strategy that focuses on development of the company’s two specialty chemicals divisions: the Laboratory Products Division (LPD) and‚ more substantially‚ the Environmental Products Division (EPD). Investment will focus on the company’s EPD division through expansion
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0 Literature Review………………………………………………………………………. 1- 4 3.0 Impact of obesity issue toward fast food chain 3.1 Poor brand image…………………………………………………………………….. 4-6 3.2 Decline in sales………………………………………………………………………. 6 3.3 Pressure from activist and non-profit organisation…………………………………... 6-7 3.4 Increase of legal restriction on business activities………………………………….... 7-8 4.0 Response of fast food chain toward obesity issue 4.1 Provide nutrition information……………………………………………………….. 9-10 4.2 Provide
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also cause a concern when it comes to consumers. Those hard-to-pronounce chemicals that are in the list of ingredients on the label are used for more than just flavoring‚ appearance‚ and preserving the food (Food Additives). Those additives are used in some other very harsh items such as bug repellent (Food Additives). However‚ there are some simple and sustainable options that can help consumers avoid running into harsh chemicals and additives that may be lurking in their food. These changes will not
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INTRODUCTION Diamond Chemicals a major global competitor in the chemical industry and a leading producer of polypropylene. In 2001 the Corporation was facing losses in earnings and the slowdown of the global economy. The Earning per Share (EPS) had fallen by 50% from 1999 to 2000. The controller of the plant in Merseyside proposed a project of £9 million to renovate and rationalize the polypropylene production line at the plant to compensate for deferred maintenance and to exploit opportunities
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Diamond Chemicals PLC Executive Summary Diamond Chemicals is considering two mutually exclusive projects‚ the Merseyside project and the Rotterdam project‚ for the production of polypropylene When considering the Merseyside project‚ senior-management wants a positive impact on earnings per share. The addition to earnings per share was £28‚800 with an average addition of £2‚000 per year2. Calculated with erosion‚ the addition to earnings per share was £18‚800 with an average addition of £1
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