rosemary, watercress, dill, parsley and sweet marjoram. 6.2.4 Petrochemical Industry The petrochemical industry is related to oil and gas industry. It directly interfaces with the downstream sector of petroleum industry. Important petrochemicals include benzene, ammonia, acetylene, and polystyrene. Petrochemicals are used to produce a wide variety of materials, such as plastics, explosives, fertilizers, and synthetic fibers. Petrochemical sector is considered as one of the major sectors in Kuwait as
Therefore, refiners and petrochemical producers are forced to search for new customers on the Asian spot market. This also forced them to increase their exports to other country to earn profits. Besides that, the new refinery train functions at the time when the domestic demand decline
• Indian petrochemicals Corporation Ltd(IPCL) • Reliance Industries Limited (RIL) 2. Acquisition process 3. Synergistic Acquisition 4. Challenges & Restructuring of the organisation 5. Restructuring under theory “E” of Change 6. Restructuring under theory “O” of Change 7. Decisions that went Right 8. Decisions that went wrong 9. Actions taken (If we would have been CEO) 10. References Introduction (IPCL and RIL): IPCL - Indian petrochemicals Corporation Ltd Indian petrochemicals Corporation
In this report, Sinopec Group is chosen to be the Chinese organisation for the topic discussion. This is mainly because petroleum and petrochemical are involved in our daily lives. It ranges from generating electricity, production of medicines, food and plastics to the causes of pollution, oil spills, etc. Each product has its impacts on the global economy positively as well as negatively. Through this report, we will be able to gain a better insight of Sinopec Group’s organisational structure, business
INTRODUCTION 1.1 Background Growth is essential for a healthy sustenance and survival of any firm in this competitive world. There are two growth routes available to any company: - organic and inorganic. The Theory of the Firm’s Growth Penrose states that the growth rate of the firm will decline with its age. Organic growth beyond certain size or age is a big challenge and hence inorganic growth gains significance. Inorganic growth means growing through mergers and acquisitions. The inorganic growth
conversion of hydrocarbons into petrochemical commodities and finally
maintenance of engineering equipment in the petrochemical industry is a complex and challenging field. Under normal and adverse conditions, maintenance has to be performed as part of a daily routine. Irregular and unplanned maintenance can lead to unforeseen events and may have safety and environmental implications. The utility division of South Africa Synthetic Oil Liquid (SASOL) Chemical Industries (SCI) consists of three critical components in the petrochemical value chain; oxygen, water works and steam
(India) Company Description IOCL is involved in transporting, refining and marketing of petroleum products majorly in India. In addition to this, it also dwells in exploration & production of oil and gas and petrochemicals. The products include LPG, aviation turbine fuel, gasoline, petrochemicals and crude oil. It is 119th largest corporation, (Fortune Global List), and is the largest public owned corporation in India (revenue). Quote Chart The company was created in 1959 as Indian Oil Company Ltd
that surfactants possess due to which, they find a wide range of applications in various fields such as paints, detergents, personal care products, pharmaceuticals, polymer production, textiles and petrochemical industries[1]. The extensive use of surfactants that spans across a multitude of industries and their subsequent release in the environment has made it imperative to ascertain the effects of these widely used agents on human health and ecological systems. Unfortunately, almost all aspects
Network externality effects in capital goods industry In today’s economy, network effects arising due to technology standards are quite important because there is a great degree of interrelation among different technologies. A technology has a network effect when the significance of the technology to a subscriber increases with the number of total subscribers in the network. Network effects in adoption can rise from two different but correlated reasons, often regarded as direct and indirect. Direct