answersLogoWhite

0

What else can I help you with?

Continue Learning about Chemical Engineering

Is there an oil refinery inFiji?

No, Fiji does not have an oil refinery. The country relies on imported petroleum products for its energy needs, primarily sourcing them from other nations. The lack of a local refinery means that Fiji processes its fuel requirements through imports, which can impact costs and supply stability.


What is the price of a production line of 1000000 Metric ton of cement per year?

The price of a production line for 1,000,000 metric tons of cement per year can vary widely based on factors such as technology, location, and manufacturer. Typically, the cost can range from $30 million to $100 million or more. Additional expenses for land, infrastructure, and operational costs should also be considered. It's advisable to consult with equipment suppliers and industry experts for a more accurate estimate based on specific requirements.


How much does it cost to refine light sweet crude oil?

The cost to refine light sweet crude oil typically ranges from $5 to $10 per barrel, depending on various factors such as the complexity of the refinery, the location, and operational efficiency. Additionally, market conditions and regulatory compliance can influence these costs. Refineries with advanced configurations may incur higher costs but also produce a greater variety of valuable products.


Can LPG be adulterated?

Yes, LPG (liquefied petroleum gas) can be adulterated, though it is illegal and poses safety risks. Adulteration may involve mixing LPG with other gases or substances to increase volume or reduce costs. This practice can lead to dangerous situations, including explosions or toxic emissions. Regulatory bodies monitor LPG quality to prevent such activities and ensure consumer safety.


How do Merseyside and Rotterdam projects compare on the basis of Diamond Chemicals investment criteria?

Using the original analysis, it looks like Rotterdam wins over Merseyside in the 4 criteria. But there are modifications that need to be done in the analysis pertaining to relevant costs and some departmental concerns. Once the analysis has been polished, the answer will be obvious.

Related Questions

What has the author Ronald Wayne Hess written?

Ronald Wayne Hess has written: 'Aircraft airframe cost estimating relationships' -- subject(s): Prices, United States. Air Force, United States, Procurement, Military Airplanes, Airframes 'An analysis of high-BTU coal gasification cost estimates' -- subject(s): Coal gasification, Costs 'Review of cost improvement literature, with emphasis on synthetic fuel facilities and the petroleum and chemical process industries' -- subject(s): Costs, Petroleum chemicals industry, Synthetic fuels industry, Petroleum industry and trade


What are supply chain costs?

Supply chain costs are operating costs associated with business functions related to the procurement, manufacturing and distribution of a product. On the contrary, costs associated with overhead functions, sales, promotion and marketing are not considered supply chain costs. The term is not strictly defined and definitions may vary by industry and situation. For example, delivery costs are sometimes classified as sales costs, rather than supply chain costs.


What does the total procurement costs consist of?

Total procurement costs consist of the direct expenses related to purchasing goods and services, including the purchase price, shipping, and handling fees. Additionally, they encompass indirect costs such as administrative expenses, inventory holding costs, and any supplier-related costs like quality inspections. Furthermore, procurement costs may include costs associated with supplier relationship management and compliance with contracts. Overall, these elements contribute to the comprehensive financial impact of procurement activities on an organization.


What has the author Peter Eglington written?

Peter Eglington has written: 'Observed costs of oil and gas reserves in Alberta, 1957-1979' -- subject(s): Costs, Gas industry, Natural gas, Petroleum, Petroleum industry and trade, Prospecting


What are the various elements of costs associated with inventory decisions?

The cost which are associated with the inventory are: 1) Procurement cact 2) Ordering cost 3) Carrying cost


What has the author Bong Seo Jung written?

Bong Seo Jung has written: 'An economic model of petroleum exploration' -- subject(s): Costs, Petroleum industry and trade, Oil well drilling


How did the petroleum industry impact west Virginia?

The introduction of the petroleum industry in West Virginia has created a positive atmosphere of growth by adding several jobs. In addition to the employment benefits, West Virginians are also receiving the advantage of lower heating costs and electricity.


Type of contract the contractor bears virtually all the financial risk associated with procurement.?

The type of contract where the contractor bears virtually all the financial risk associated with procurement is typically a Fixed-Price Contract. In this arrangement, the contractor agrees to complete the project for a predetermined price, regardless of actual costs incurred. This shifts the financial risk to the contractor, incentivizing them to manage costs effectively and complete the project within budget. If expenses exceed the fixed price, the contractor absorbs the additional costs.


What are the advantages of direct procurement?

direct procurement


Which General Staff position manages costs related to the incident and provides accounting procurement and cost analyses?

Which General Staff position manages costs related to the incident, and provides accounting, procurement, and cost analyses


What are some of the costs associated with securing finance?

costs associated with securing finance


Successful-efforts method of accounting?

This is an accounting method used by the Oil and Gas industry. Specifically, it is a method in which the company capitalizes costs associated with exploration to successfully locate reserves and expenses costs associated exploration that does not result in the discovery of reserves. Opposite to successful-efforts is Full Costing method in which all costs associated with exploration and development are capitalized whether any reserves are found our not.