PETROLEUM I. HISTORY The petroleum industry includes the global processes of exploration‚ extraction‚ refining‚ transporting (often by oil tankers and pipelines)‚ and marketing petroleum products. Petroleum in an unrefined state has been utilized by humans for over 5000 years. Oil in general has been used since early human history to keep fires ablaze‚ and also for warfare. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many
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CHAPTER II MANUFACTURING INDUSTRY 2.1 INDUSTRY PROFILE Manufacturing industry refers to those industries which involve in the manufacturing and processing of items and indulge in either creation of new commodities or in value addition. The manufacturing industry accounts for a significant share of the industrial sector in developed countries. The final products can either serve as a finished good for sale to customers or as intermediate goods used in the production process. 2.2
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properties of different materials‚ and how they will behave under load. These properties can be used for design and analysis of engineering structures‚ and for developing new Materials that better suit a specified use. This lab tested two materials mild steel and cast iron. The data from each test was used to determine valuable material properties such as ultimate tensile strength‚ modulus of elasticity‚ and yield strength. Other calculated properties included true fracture strength‚ percent reduction
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increase to 6% in 2006 and 2007 (ADB‚ 2005). Bangladesh’s total GDP stood at $275 billion in 2004‚ and per capita GDP was $2‚000 (adjusted for purchasing power). The ready made garments industry started in our country as a non-tradition sector with a narrow export rise in the late 1970s. The garments industry enjoyed a tremendous rise of 30 enterprises in 1980 increase to about 4825 on 2007-08 fiscal year. Out of 3.1 million manpower employed in factories‚ 2.38 million are women (85%)‚ majorities
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The Factories Act‚ 1948‚Section 51 to 60: 51.Weekly hours: * No employee will work more than 48 hoours in a week. 52.Weekly Holidays: * NO worker will work on the first day of the week. * Incase he is made to work the he should get a holiday 3 days immediately before or after the first day for which the responsible manager has to send a notice to the inspector for approval which must be displayed in the factory notice board. 53.Compensatory holidays: * In case an employee
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METAMORPHOSIS OF TATA STEEL -THE CHALLENGES OF CHANGE MANAGEMENT "There is nothing more difficult to take in hand‚ more perilous to conduct‚ or more uncertain in its success‚ than to take the lead in the introduction of a new order of things." — Niccolo Machiavelli The Prince (1532) "In times of rapid change‚ experience could be your worst enemy." — J. Paul Getty INTRODUCTION 1. Tata Steel is the largest steel company of the country and at present stands as the 10th largest steel firm in the
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The mechanical properties of steel and aluminum material that are used to create the finite element model are listed in table (3-2). Table (3-2) The mechanical properties of steel and aluminum material. Property of Material Modulus of Elasticity (E) Poisson’s Ratio (υ) Yield Stress (σy) Tangent Modulus (ET) Steel (304L) 197Gpa 0.3 0.312Gpa 10Gpa Aluminum (1435) 69.5Gpa 0.3 0.13GPa 0.1Gpa Coulomb Friction The coulomb friction mode1 assumes that there is a tangential force applied along the tool-work
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Operations Strategy in a Global Environment Johannsen Steel Company Johannsen Steel Company (JSC) was established by three Johannsen brothers in 1928 in Pittsfield‚ Rhode Island. The brothers began JSC by concentrating on high-quality‚ high-carbon‚ high-margin steel wire. Products included "music wire" for instruments such as pianos and violins; copper‚ tin‚ and other coated wires; and high tensile-wire for the newly emerging aircraft industry. JSC even pioneered new types of wire. Throughout the
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Economics Automobile Industry There is no industry more present in the world-wide community than the automobile industry. The automobile has changed the lives‚ culture‚ and economy of the people and nations that manufacture and demand them. Ever since the late 1800s when the first "modern" car was invented by Benz and Daimler in Germany‚ the industry has grown into a billion dollar industry affecting so many aspects of our lives. There are more than 400 million passenger cars alone on the roads today
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Industry Analysis The course is based on the ability of students to define their business‚ conduct an effective industry analysis‚ and identify the "key success factory" for firms competing in the industry. Such industry analysis is based on: A. DEFINE THE BUSINESS. The boundary for industry analysis is the markets and products that describe the domain of the industry. Once you understand the business segment that is to be analyzed‚ identify the capabilities required to participate in that industry
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