The Dynamics of Global Plant Construction Location Factors
|
|
- Kerry Garrison
- 6 years ago
- Views:
Transcription
1 The Dynamics of Global Plant Construction Location Factors Ed Glatzer Managing Director, Technology and Analytics Group, OMDC, IHS Markit Building a Foundation for Profitable Growth in Uncertain Markets
2 Why the need for a new look at Location Factors? This was the No. 1 technical question from our clients This is of great importance for the understanding of global competitiveness We wanted to establish a sound analytical basis for worldwide comparisons of the cost of chemical plants Source: Hyundai 2017 IHS Markit
3 Why does Location Factor change? 1 Changes in country labor costs and wage inflation/deflation exchange rates labor productivity domestic material costs (steel and other bulk items) equipment sourcing country support infrastructure
4 What is a Location Factor? the ratio of the cost of construction in two locations at the same point in time The cost in each location is normalized to a reference currency by means of currency exchange rate The location factor is expressed in similar currency Location factor is inclusive of taxes Source: Great Western Painting
5 IHS developed a methodology based on specific researched inputs IHS queried industry experts for equipment prices and installation costs, construction labor costs and percent of internationally sourced off-shore equipment The inquiries went to suppliers, EPCs and operating companies in Brazil, China, Europe, India, Japan, Russia, Saudi Arabia and US
6 IHS asked for labor and productivity as well as costs Pressure Vessels Instructions: Please enter cost and labor man-hours requirements into the colored cells to the right. It is not necessary to prepare a cost estimate from scratch. If you have an existing estimate for a vessel of similar size, please enter the costs and man-hours and overwrite our specifications with yours. Type Horizontal Shell material A 515 Liquid volume 9400 gal liters Vessel diameter 8 ft 2.44 meters Tangent-to-tangent length 25 ft 7.62 meters Design temperature 300 F 149 C Design pressure 165 psia 11.4 bars Estimated weight lbs 9117 kg Typical manholes and nozzles Purchased equipment cost, FOB Total Installed Cost Total Installation Labor Man-Hours What design code did you use? (in local currency) (in local currency)
7 IHS asked for labor and productivity as well as costs Compressors Instructions: Please enter cost and labor man-hours requirements into the colored cells to the right. It is not necessary to prepare a cost estimate from scratch. If you have an existing estimate for a compressor of similar size, please enter the costs and man-hours and overwrite our specifications with yours. Casing material Carbon Steel Actual inlet gas flow rate 5500 Cubic ft/min 156 cu meters/min Design inlet pressure 115 psia 7.9 bars Design outlet pressure 230 psia 15.8 bars Feed molecular weight 28.9 Specific heat ratio 1.4 Pressure ratio 2.0 Number of stages 1 Driver power 3000 HP 2237 kw Design inlet temperature 68 F 20 C Driver type Electric Lube oil system Included Purchased equipment cost, FOB Total Installed Cost Total Installation Labor Man-Hours What design code did you use? (in local currency) (in local currency)
8 IHS PEP developed Location Factors for ten countries/regions
9 Domestic and imported content must be included International Content Cost at Location Local Equipment Local Materials Local Labor Locally supplied equipment incorporates local labor and material costs and productivity Percentage of domestic equipment is also effected by the process technology and the licensor preferences
10 A Location Factor calculation includes several key elements Compares the local cost of construction labor, after adjusting for 1 relative productivity, and the relative cost of bulk materials The cost to fabricate local equipment compared to imported 2 equipment An estimate of local vs import equipment sourcing is necessary Imported equipment bears the costs of duties, taxes and freight Locally fabricated equipment cost is adjusted by the fabrication differences of steel prices and labor requirement
11 We examined over 100 PEP Program capital cost estimates (all on 2016 USGC basis) Costs divided into the six subcomponent capital cost fractions: EQ = equipment ST = steel material bulks CV = civil material bulks EL = electrical material bulks CL = construction labor bulks ENG = engineering and project mgmt C EQ + C ST + C CV + C EL + C CL + C ENG = 1.00
12 Each of the subcomponent weights is adjusted with location Equipment, steel, civils and E&I are costed at the specific location in local currency Component buildup percentage is kept constant for all locations, e.g. equipment = the same percentage of total for all locations before local adjustment
13 Labor includes wages and social benefits, but can also include site housing, clothing, transportation As an example, Saudi Arabia wage rate is largely set by subcontract construction labor sourced from abroad, principally India and the Philippines. This includes upcharges for local fringes and contractor fees and profit Though they have stated the goal of increasing the number Saudi nationals in the employment force, this is expected to be seen more on the management level
14 Labor all-in extras can be significant In Saudi Arabia, the skilled construction wage reflects ex-pat labor at about $6/manhour. This rate is then increased accordingly (all in US$): Labor fringes: $1.50 EPC markup: $1.50 Visa fee: $1.00 Housing fees: $2.00 Therefore, Total Saudi Skilled Labor = US$ 12.00
15 Adjusting for labor productivity Saudi productivity is nominally 2.0 relative to the US based on skill level, level and state of construction capability and local conditions IHS is using a 2.3 factor to account for construction managers tending to over staff because of the low wage rates China productivity is similar to Saudi Arabia, with higher head counts for the construction activity in order to employ more people
16 International content basis is an important factor IHS developed two location factors for each country Domestic: assumes all equipment and bulk materials are domestically sourced International: assumes a portion of the equipment is imported Percentage import equipment varies Type of equipment not fabricated in location Materials of construction Licensor dictates
17 Taxes and duties can be significant for countries that import more IHS developed two location factors for each country Import taxes and duties are, in several countries, a function of what agreements with trading partners they have and what they fabricate In many countries, import duties are much higher for items that can be produced in the country than for items that cannot. India s high import tax, which coupled with a high level of import content, makes the International Content LF much higher (0.97) than if 100% domestic (73%)
18 Adverse weather conditions can delay schedules and add cost Weather conditions include conditions that will, on average, impact construction costs by schedule delay, loss of productivity, or other reasons This may consist of countries with extreme and prolonged cold or hot climate conditions IHS assigned a 10% penalty to the extreme cold climates of Western Canada and Russia and 15% to the extreme hot conditions of Saudi Arabia
19 Infrastructure requirements also impact Infrastructure accounts for design requirements over and above the standard design, that limit the optimization of the plant design In Saudi Arabia: export oriented facilities Russia: regulations limiting the height of structures
20 Business environment may also be considered We do not take into consideration a relative Country Risk Factor IHS has a unique country risk-rating system to enable clients to compare and contrast the investment climate The system provides a comprehensive picture of the quality of conditions and level of stability encountered by investors in each country
21 As we ve discussed, Location Factor is a sum of many factors North America Labor Productivity Extreme Weather Increment Added Infrastructure Scope Factor Taxes, Tariffs, Freight % Int'l Content Location Factor Canada % 0% % 1.16 South America Western Europe Eastern Europe Asia Middle East United States % 0% % 1.00 Brazil % 5% % 0.91 Germany % 0% % 1.04 Poland % 0% % 0.82 Russia % 10% % 1.11 China % 7% % 0.68 India % 5% % 0.81 Japan % 5% % 0.91 Korea % 0% % 0.82 Singapore % 0% % 0.85 Saudi Arabia % 5% % 1.19
22 US Cents / Japanese Yen Location Factor The 2016 location factors are probably lower than might be expected Figure 5.22 Historical Location Factors, Japan Figure 5.23 Exchange Rate, US Cents/Japanese Yen This is mostly due to exchange rate changes that have led to the current strong dollar For Japan, Fig. 1 shows the historical trend in the Japanese location factor relative to the USGC and Fig. 2 how much the exchange rate has varied over this time The yen depreciated by over 30% at one point before recovering recently
23 Location Factor Many LFs remain high due to currencies tied to or not changed from the US dollar Figure 4 Location Factor Saudi Arabia The Saudi Arabia LF has been nearly flat at approximately We attribute this to the Saudi riyal being fixed to the dollar at 3.75 riyals per dollar. We see similar historical behavior in China, Korea, and Singapore. All of these countries have currencies that have not changed much against the dollar
24 IHS compared our calculated 2016 LFs to what we had in 2012 The change in relative wages has North America a large impact Brazil saw a real wage reduction in US dollars of more than 30% Russia wages were reduced by close to 50% Japan and Canada also shows large wage reduction in US dollars South America Western Europe Eastern Europe Asia Middle East Location Factors Relative to the US Gulf Coast Canada United States Brazil Germany Poland Russia China India Japan Korea Singapore Saudi Arabia
25 How important is the LF change? For VCM in Russia, LF from 1.96 in 2012 to 1.15 in 2016 At cash cost plus depreciation (10%) plus a nominal 15% ROI, the cost of production goes from $1094/MT to $844/MT In other words, the lower capex results in an increase in ROI from 15% to 37% at the same production cost World Cost Curve: Vinyl Chloride Monomer $/Metric Ton Source: IHS 500 VCM, Russia, LF = 1.96 (2012) VCM, Russia, LF = 1.11 (2016) (Cost Basis = Plant Gate, Operating Rate Basis = IHS Baseline Integration Basis = On) Cumulative Production - Million Metric Tons Demand US Price W Europe Price China Price 2016
Ammonia-based Fertilizer Markets Are Fertilizers Petrochemicals too?
Ammonia-based Fertilizer Markets Are Fertilizers Petrochemicals too? Bala Suresh, Principal Analyst 15 th FORO PEMEX Petroquimica, 2013 Mexico City, Mexico June 5, 2013 bala.suresh@ihs.com Agenda What
More informationGlobal IT Procurement and Logistics. Simplifying the complex: an end-to-end IT supply chain solution
Global IT Procurement and Logistics Simplifying the complex: an end-to-end IT supply chain solution We make the complex simple Managing an international IT supply chain isn t an easy task, and comes with
More informationIHS CHEMICAL PEP Review Polyvinyl Chloride by JNC Suspension Polymerization Process
` IHS CHEMICAL PEP Review 2015-08 Polyvinyl Chloride by JNC Suspension Polymerization Process December 2015 ihs.com PEP Review Process Economics Program Syed N. Naqvi Sr. Principal Analyst PEP Review 2015-08
More informationIHS CHEMICAL Chlor-Alkali Process Summary. Process Economics Program Review Chlor-Alkali Process Summary. PEP Review
` IHS CHEMICAL Process Economics Program Review 2016-12 September 2016 ihs.com PEP Review 2016-12 Ron Smith Sr. Principal Analyst IHS Chemical PEP Review 2016-12 PEP Review 2016-12 Ron Smith, Sr. Principal
More informationHistorical chlorine demand growth is characterized by a boom and bust cycle that tracks global GDP growth rate closely. Typically, demand will
Historical chlorine demand growth is characterized by a boom and bust cycle that tracks global GDP growth rate closely. Typically, demand will rebound immediately after declining and this cycle seems to
More informationEmerging Global Trade Patterns: USDA s Long-term Agricultural Projections
Emerging Global Trade Patterns: USDA s Long-term Agricultural Projections Midwest Agriculture s Ties to the Global Economy Federal Reserve Bank of Chicago November 28, 217 Chicago Jim Hansen, Ph.D. USDA,
More informationInternational Energy Outlook 2011
International Energy Outlook 211 Center for Strategic and International Studies, Acting Administrator September 19, 211 Washington, DC U.S. Energy Information Administration Independent Statistics & Analysis
More informationEXPORT DEMAND, NEW MARKETS, AND LONG TERM OUTLOOK. Gregory P. DeWitt, Nicholas J. Gombos, and Shaun S. Harris 1. Export Demand
EXPORT DEMAND, NEW MARKETS, AND LONG TERM OUTLOOK Brief History of Hay Export Gregory P. DeWitt, Nicholas J. Gombos, and Shaun S. Harris 1 Export Demand Exports of U.S. Alfalfa began in the 1970 s with
More informationPROCESS ECONOMICS PROGRAM
PROCESS ECONOMICS PROGRAM SRI INTERNATIONAL Manlo Park, California 94025 ABSTRACT Process Economics Program Report No. 140 OPERATING COSTS IN THE CHEMICAL INDUSTRY AND THEIR ESTIMATION (April 1981) This
More informationProcess Economics Program
IHS Chemical Process Economics Program Review 2013-12 LDPE Process Summary By Susan L. Bell IHS Chemical agrees to assign professionally qualified personnel to the preparation of the Process Economics
More informationRice Outlook and Baseline Projections. University of Arkansas Webinar Series February 13, 2015 Nathan Childs, Economic Research Service, USDA
Rice Outlook and Baseline Projections University of Arkansas Webinar Series February 13, 2015 Nathan Childs, Economic Research Service, USDA THE GLOBAL RICE MARKET PART 1 The 2014/15 Global Rice Market:
More informationWorld Sorghum Grain Producers
World Sorghum Grain Producers Million Metric Tons 18 16 14 12 12 10 8 6 7 7 6 6 4 4 4 3 2 2 2 2 0 14 MY 2014/15 MY 2015/16 MY 2016/17 Grain Sorghum Exporters Million Metric Tons 10 9 8 7 6 5 4 3 2 1 0
More informationEmissions Intensity CHAPTER 5 EMISSIONS INTENSITY 25
C H A P T E R 5 Emissions Intensity Emissions intensity is the level of GHG emissions per unit of economic activity, usually measured at the national level as GDP. 25 Intensities vary widely across countries,
More informationAgriculture Commodity Markets & Trends
Agriculture Commodity Markets & Trends Agenda Short History of Agriculture Commodities US & World Supply and Demand Commodity Prices Continuous Charts What is Contango and Backwardation Barge, Truck and
More informationThe A. J. Sackett & Sons Company, Baltimore, Maryland. Presentation by: Charles Formisani. Trends in Bulk Blending Worldwide
The A. J. Sackett & Sons Company, Baltimore, Maryland Presentation by: Charles Formisani Trends in Bulk Blending Worldwide Estimated World Distribution Of Fertilizers By Product Type The percentage of
More informationCRU Prices Steel Methodology and Definitions Guide
CRU Prices Steel Methodology and Definitions Guide May 2016 B00CRU Prices Across mining, metals and fertilizers CRU s reputation with clients is for reliability, independence and authority. And whether
More informationAgricultural Outlook Forum Presented: February 24-25, 2011 U.S. Department of Agriculture. Poultry Export Markets- Present and Future.
Agricultural Outlook Forum Presented: February 24-25, 2011 U.S. Department of Agriculture Poultry Export Markets- Present and Future Thierry Murad USDA Agricultural Outlook Forum Thierry Murad 25 February
More informationArgus Ethylene Annual 2017
Argus Ethylene Annual 2017 Market Reporting Petrochemicals illuminating the markets Consulting Events Argus Ethylene Annual 2017 Summary Progress to the next peak of the economic cycle, now expected by
More information6/26/2014. Why Export? Incremental Business? Out to Conquer the World? Corporate Goals? Vision? IBC 101: International Essentials IBC 101 IBC 101
: International Essentials Why Export? Incremental Business? Out to Conquer the World? Corporate Goals? Vision? 1 Customer Review Who & where are your current customers? What channels are they in? How
More informationKorean Steel Market in 2016
Korean Steel Market in 2016 September 9, 2016 Korea Iron and Steel Association 1. General Economy GDP Korea s GDP growth rate is estimated to be 2.7% in 2016 and 2.9% in 2017, and the Korean economy will
More informationThe GDP growth rate remains high in India and Indonesia, the major markets in the region.
1 2 The GDP growth rate remains high in India and Indonesia, the major markets in the region. Apart from Thailand where has been hit by devastating flood, the economic conditions in Asia remained strong.
More informationFedEx International Priority. FedEx International Economy 3
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationAspen Economic Evaluation Family
Aspen Economic Evaluation Family A family of products that estimates project capital costs and lifecycle asset economics from conceptual definition through detailed engineering The Aspen Economic Evaluation
More informationWORLD ENERGY OUTLOOK Dr. Fatih Birol Chief Economist Head, Economic Analysis Division
WORLD ENERGY OUTLOOK 2002 Dr. Fatih Birol Chief Economist Head, Economic Analysis Division World Energy Outlook Series World Energy Outlook 1998 World Energy Outlook - 1999 Insights: Looking at Energy
More informationPuerto Rico 2014 SERVICES AND RATES
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationJames F. Van Ness. Domestic vs. International Projects Unique Challenges and Best Practices. Project Director - SERP Syncrude Canada Limited
Domestic vs. International Projects Unique Challenges and Best Practices Panel Participant James F. Van Ness Project Director - SERP Syncrude Canada Limited Jim Van Ness Project Director for Syncrude s
More informationOutlook of the World Rice Industry Under Alternative Trade Liberalization Policies in Japan and Korea
Agricultural Economics Report No. 433 December 1999 Outlook of the World Rice Industry Under Alternative Trade Liberalization Policies in Japan and Korea Won W. Koo Richard D. Taylor Department of Agricultural
More informationIan Parry. Fiscal Affairs Department, IMF The Energy Transition, INDCs and the Post-COP21 Agenda, Marrakech, September 8-9, 2016
Ian Parry Fiscal Affairs Department, IMF The Energy Transition, INDCs and the Post-COP21 Agenda, Marrakech, September 8-9, 2016 Outline Carbon pricing Broader energy price reform 2 Carbon Pricing 3 Rationale
More informationWithout having Cost Estimation Model you are putting your Project on a Big RISK
July 2014 Without having Cost Estimation Model you are putting your Project on a Big RISK Drive your project with a appropriate Cost Estimation System to mitigate Risks Plug your project to Our NoDoC Database
More informationJACOBS CONSULTANCY INC. (FORMERLY THE PACE CONSULTANTS INC.) Rogerdale Road. Houston, Texas Fax
(FORMERLY THE PACE CONSULTANTS INC.) www.petcokes.com 5995 Rogerdale Road Suite 200 832-351-7828 Phone Houston, Texas 77072 832-351-7887 Fax CONTACTS MICHAEL D. STEWART (DIRECTOR) 832-351-7852 (e-mail:
More informationIowa Farm Outlook. March 2014 Ames, Iowa Econ. Info Long-Term Projections for Beef Production and Trade
Iowa Farm Outlook 0BDepartment of Economics March 2014 Ames, Iowa Econ. Info. 2047 Long-Term Projections for Beef Production and Trade We often spend a lot of time focusing on the short-term market situation
More informationAn overview of global cement sector trends
An overview of global cement sector trends Insights from the Global Cement Report 1 th Edition XXX Technical Congress FICEM-APCAC 2 September, 213 Lima, Peru Thomas Armstrong International Cement Review
More informationTop 5 US Export and Import Commodities
WWW.IBISWORLD.COM Special Report Month 2012 1 Follow on head on Master page A Special Report July 2012 Top 5 US Export and Import Commodities By Josh McBee and Justin Waterman Dominated by oil, cars and
More informationCRU Prices Aluminium Methodology and Definitions Guide
CRU Prices Aluminium Methodology and Definitions Guide September 2016 0CRU Prices Across mining, metals and fertilizers CRU s reputation with clients is for reliability, independence and authority. And
More informationGlobal Dynamics of the Pulp and Paper Industry 2017
NC State University Global Dynamics of the Pulp and Paper Industry 2017 Richard B. Phillips North Carolina State University Raleigh, North Carolina richard_phillips@ncsu.edu NC State University Four Main
More informationSteel and Raw Materials Data Price Feed
Steel and Raw Materials Data Price Feed Latin America export billet $ per tonne fob main port Latin America export slab $ per tonne fob main port UK domestic stainless steel scrap 12-13% Cr Solids per
More informationIntroduction. Reducing Gas Flaring and Venting: How a Partnership can help achieve success
Reducing Gas Flaring and Venting: How a Partnership can help achieve success Sascha T. Djumena 1 Energy Specialist, Global Gas Flaring Reduction Partnership (GGFR) World Bank/IFC Oil, Gas, Mining and Chemicals
More informationThe Battle of Big versus Small. Zenith Adspend Forecast 2017
The Battle of Big versus Small Zenith Adspend Forecast 2017 The global ad market will continue to grow steadily +5,9 Year-on-year growth (%) +5,6 +5,6 +5,5 +4,0 +4,1 +4,2 +4,1 2017 2018 2019 2020 Adspend
More informationInternational Business Environment & Strategy
International Business Environment & Strategy Drivers of isation June 2010 Slides based on Yip, G. (1995):- Johnson, Scholes & Whittington (2005) Exploring Corporate Strategy, 7 th edition Robert Jones
More informationSTEEL PRICE FORECASTS TO North America. December MEPS (International) ltd 263 Glossop Road Sheffield S10 2GZ
www.meps.co.uk STEEL PRICE FORECASTS TO 2022 North America December 2017 MEPS (International) ltd 263 Glossop Road Sheffield S10 2GZ t: 0114 275 0570 f: 0114 275 9808 e: subs@meps.co.uk Steel Price s To
More informationInternational Business Parcels Rate card
International Business Parcels Rate card Tracked Effective from 3rd July 2017 Standard Tracked Tracked Signed Standard 1 Contents International Business Parcels services... 3 International Tracked... 4
More informationMarket Alert. China NPK Statistical Update February Highlights. China Plant Nutrient Exports. Exports
Market Alert China NPK Statistical Update February Exports China Customs reported that high-analysis phosphate exports (DAP/ MAP/TSP) fell to 65,200 tonnes in February, a drop of 54% from uary and 58%
More informationU.S. EIA s Liquid Fuels Outlook
U.S. EIA s Liquid Fuels Outlook NCSL 2011 Energy Policy Summit: Fueling Tomorrow s Transportation John Staub, Team Lead August 8, 2011 San Antonio, Texas U.S. Energy Information Administration Independent
More informationRole of PDH in Asian Propylene Supply Market
Role of PDH in Asian Propylene Supply Market Chul-Jin (CJ) Kim CEO April 19, 2017 Agenda 1. SK Introduction 2. Asian Propylene Market 3. PDH as on-purpose process 4. Our Values to Customers 5. Key takeaways
More informationIowa Farm Outlook. December 2015 Ames, Iowa Econ. Info Replacement Quality Heifer Prices Supported by Latest Data
Iowa Farm Outlook 0BDepartment of Economics December 2015 Ames, Iowa Econ. Info. 2068 Replacement Quality Heifer Prices Supported by Latest Data Beef cow herd expansion started briskly in 2014 with a 2.1%
More information2017 Asia Petrochemical Industry Conference
2017 Asia Petrochemical Industry Conference Specialty Chemicals Chemical Committee Meeting May 19, 2017 IHS Markit Chemical Masahiro Yoneyama +81-3-6262-1712 Masahiro.yoneyama@ihsmarkit.com COMMODITY SPECIALTY
More informationFreight Transportation Megatrends
Freight Transportation Megatrends Copyright 2006 Global Insight, Inc. Freight Demand Modeling: Tools for Public-Sector Decision Making Conference Paul Bingham Global Insight, Inc. Washington, DC September
More informationFactoring Method, Used in NoDoC for Calculation of Location Factors
Factoring Method, Used in NoDoC for Calculation of Location Factors This article which is extracted from http://www.icoste.org/korev94.htm and have written by Bernard A. Pietlock, CCC, is used in NoDoC
More informationWeathering the Storm:
Weathering the Storm: Infrastructure and Trade in East Asia Kazutomo Abe John S. Wilson 1 Objectives & Scope Examine how investment in port facilities affects trade costs in East Asia. Benefits of investment
More informationOWN The Owner s Estimate Requirements Document
OWN.1393 The Owner s Estimate Requirements Document Larry R. Dysert, CCC CEP Abstract The Estimate Requirements Document is a planning document that should be used by owner companies to clarify goals,
More informationThe Basics of Supply and Demand
C H A P T E R 2 The Basics of Supply and Demand Prepared by: Fernando & Yvonn Quijano CHAPTER 2 OUTLINE 2.1 Supply and Demand 2.2 The Market Mechanism 2.3 Changes in Market Equilibrium 2.4 Elasticities
More informationPIP STE05501 Fixed Ladders and Cages Design Guide
TECHNICAL CORRECTION January 2017 Structural PIP STE05501 Fixed Ladders and Cages Design Guide PURPOSE AND USE OF PROCESS INDUSTRY PRACTICES In an effort to minimize the cost of process industry facilities,
More information10 ECB HOW HAVE GLOBAL VALUE CHAINS AFFECTED WORLD TRADE PATTERNS?
Box 1 HOW HAVE GLOBAL VALUE CHAINS AFFECTED WORLD TRADE PATTERNS? In recent decades, global trade has undergone profound changes. Relative to global output, trade has risen sharply and cross-country linkages
More informationCHENIERE ENERGY, INC. Louisiana Energy Conference. June 2016
CHENIERE ENERGY, INC. Louisiana Energy Conference June 2016 Forward Looking Statements This presentation contains certain statements that are, or may be deemed to be, forward-looking statements within
More informationFedEx International Priority. FedEx International Economy 3
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationEnergy Intensity of GDP as an Index of Energy Conservation
IEEJ: August 007 Energy Intensity of GDP as an Index of Energy Conservation Problems in international comparison of energy intensity of GDP and estimate using sector-based approach Shigeru Suehiro * Introduction
More informationIPD Export. Malaysia Export Shipment Rates For International Priority DirectDistribution
IPD Export Malaysia Export Shipment Rates For International Priority DirectDistribution (Rates are ST inclusive but exclude any special fee and fuel surcharge) 1 Rates per kg (MYR) A B C D E F H I Zone
More informationWorld and U.S. Fossil Fuel Supplies
World and U.S. Fossil Fuel Supplies Daniel O Brien and Mike Woolverton, Extension Agricultural Economists K State Research and Extension Supplies of fossil fuel resources used for energy production vary
More informationCOOLING TECHNOLOGY INSTITUTE
PAPER NO: TP08-16 CATEGORY: DRY COOLING COOLING TECHNOLOGY INSTITUTE THE COST OF NOISE ROBERT GIAMMARUTI HUDSON PRODUCTS CORPORATION JESS SEAWELL COMPOSITE COOLING SOLUTIONS, LLC The studies and conclusions
More informationTOSHIBA. Steam Turbine
TOSHIBA Steam Turbine November, 2007 TOSHIBA PLANT SYSTEMS & SERVICES CORPORATION 1 INTRODUCTION 2 PARTNERSHIP WITH TOSHIBA Fuel Cell Nuclear Conventional Combined Work with TOSHIBA as a member of TOSHIBA
More informationThe Basics of Supply and Demand
C H A P T E R 2 The Basics of Supply and Demand Prepared by: Fernando & Yvonn Quijano CHAPTER 2 OUTLINE 2.1 Supply and Demand 2.2 The Market Mechanism 2.3 Changes in Market Equilibrium 2.4 Elasticities
More informationProblems at the Cumene Production Facility, Unit 800
Problems at the Cumene Production Facility, Unit 800 Background Cumene (isopropyl benzene) is produced by reacting propylene with benzene. During World War II, cumene was used as an octane enhancer for
More informationIndian Soybean meal- Demand /Supply. Pawan Kumar, Consultant, USSEC
Indian Soybean meal- Demand /Supply Pawan Kumar, Consultant, USSEC USSEC INTRODUCTION We Represent U S farmers U S Industry U S Department of Agriculture We work on finding new applications of soy & Implement
More informationThe Outlook for Coal. Presentation to the Australian Institute of Energy National Conference.
The Outlook for Coal. Presentation to the Australian Institute of Energy National Conference. Brendan Pearson Vice President Government Relations Peabody Energy. November 2012 The global outlook. Presentation
More informationWe help bring you closer to the world
We help bring you closer to the world auspost.com.au/internationalbusiness StarTrack International is a business of Australia Post Australia Post International Closer to the world Delivering your business
More informationTHE CHEMICALS INDUSTRY OPPORTUNITIES TO INCREASE ENERGY EFFICIENCY, TO REDUCE GREENHOUSE GAS EMISSIONS AND TO LIMIT MERCURY DISCHARGES CONCEPT NOTE
1 THE CHEMICALS INDUSTRY OPPORTUNITIES TO INCREASE ENERGY EFFICIENCY, TO REDUCE GREENHOUSE GAS EMISSIONS AND TO LIMIT MERCURY DISCHARGES CONCEPT NOTE Summary: This note provides a brief overview of the
More information2017 Beef Cattle Market Outlook
2017 Beef Cattle Market Outlook Chris Prevatt Livestock and Forage Economist UF/IFAS Range Cattle Research and Education Center Presented at the 2015 UF Beef Cattle Short Course Presented at the 2015 UF
More informationIn Focus: The Saudi Steel Market 2008
THE NATIONAL COMMERCIAL BANK In Focus: The Saudi Steel Market 28 Steel Demand Growth To Continue 1 SEPTEMBER 28 Contents Page A. Steel Market Determinants 2 B. Saudi Steel Market Outlook 3 C. Global Crude
More informationWHERE IN THE WORLD? A Report on Competitive Manufacturing Locations Worldwide
WHERE IN THE WORLD? A Report on Competitive Manufacturing Locations Worldwide Real-world insight into the smartest locations for minimizing costs without compromising quality, based on an original research
More informationChina Trends and forecasts Iron ore International dry bulk trade. Dry Bulk Shipping Steel products. Coking coal. Iron ore resources
Market Outlook Dry Bulk Commodities Dry Bulk Shipping Steel products Coking coal Crude steel production Global economic growth Outlook dry bulk China Trends and forecasts Iron ore International dry bulk
More informationEmpty Intermodal Container Management
Empty Intermodal Container Management Maria Boilé, Ph.D. 2005 NJDOT Research Showcase October 14, 2005 Photo by Allan Tannenbaum Outline Problem Context External Environment and the Regional Context Major
More informationZone. Rates per kg (JPY) A B C D E F G H I J 13,000 13,000 13,000 13,000 13,000 3,500 13,000 13,000 13,000 13,000
IPD Export For FedEx International Priority DirectDistribution (IPD) Rates per kg A B C D E F H I J 1-44 K 2,300 2,590 2,720 3,750 4,080 4,090 8,610 4,770 5,130 12,090 45-70 K 1,550 1,750 2,080 2,790 2,890
More informationReference Materials Overview of Coal Industry
Reference Materials Overview of Coal Industry 1 Table of Contents Global Energy Resource Reserves ---------------------------------------- 3 Status of Global Energy Resources Supply ----------------------------------------
More informationOil and natural gas: market outlook and drivers
Oil and natural gas: market outlook and drivers for American Foundry Society May 18, 216 Washington, DC by Howard Gruenspecht, Deputy Administrator U.S. Energy Information Administration Independent Statistics
More informationFedEx International Priority. FedEx International Economy 3
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationA COMPARATIVE STUDY OF ETHANE RECOVERY PROCESSES
A COMPARATIVE STUDY OF ETHANE RECOVERY PROCESSES Kent A. Pennybaker, Scott E. Wolverton, Steven W. Chafin, Thomas R. Ruddy, Christopher W. Pritchard River City Engineering, Inc. Lawrence, Kansas ABSTRACT
More informationMaritime Salary Review
Maritime Salary Review July 2012 Introduction How professionals in the shipping industry, whether at sea or ashore, are remunerated can be a complicated and varied picture. It is an industry buffeted in
More informationSmartSPEND. KBR SmartSPEND SM. The Economic Approach to Project Development and Execution that Delivers Maximum Project Returns
SM Your Capital Optimized : Project Delivery Execution Strategy Capacity Operations KBR SM The Economic Approach to Project Development and Execution that Delivers Maximum Project Returns KBR SM Approach
More informationThe sheep and sheep meat trade market. Second EU Sheep Meat Forum Brussels, February 25, 2016
The sheep and sheep meat trade market Second EU Sheep Meat Forum Brussels, February 25, 2016 Partnering your agribusiness development Market research 45 years Focused on agribusiness Worldwide coverage
More information4. PROFILE ON GRANITE CUTTING
4. PROFILE ON GRANITE CUTTING 4-2 TABLE OF CONTENTS PAGE I. SUMMARY 4-3 II. PRODUCT DESCRIPTION & APPLICATION 4-3 III. MARKET STUDY AND PLANT CAPACITY 4-4 A. MARKET STUDY 4-4 B. PLANT CAPACITY & PRODUCTION
More informationLandscape of the European Chemical Industry 2017
EU28 Cefic Number of companies Turnover 28,221 520.2 billion National contact Direct Employees 1,155,000 René van Sloten Executive Director rvs@cefic.be A CORNERSTONE OF THE EUROPEAN ECONOMY The chemical
More informationGlobal Gasoline, Global Condensate and Global Petrochemical Markets to 2020 and How much naphtha will end up in gasoline blending?
Study Prospectus Nexus - The Interaction Between: Global Gasoline, Global Condensate and Global Petrochemical Markets to 2020 and 2025 Can I export more naphtha? Should I build a splitter? Should I build
More informationSyngas/Methanol to Olefins
Petrochemical Technology Renaissance Syngas/Methanol to Olefins R. J. Chang, Global Managing Director IHS Chemical Process Economics Program March 27 & 28, 2014 Houston, TX USA The Rise of Syngas - the
More informationNorth American Timber Outlook
North American Timber Outlook Conditions Required for a Widespread Revival North American Conference October 2017 Peter Barynin Principal Economist, Timber Copyright 2017 RISI, Inc. Proprietary Information
More informationTHIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 9/4/2014
More informationOverview of global crude oil reserve estimates and supply patterns. Professor Wumi Iledare LSU Center for Energy studies Baton Rouge, LA 70803
Overview of global crude oil reserve estimates and supply patterns Professor Wumi Iledare LSU Center for Energy studies Baton Rouge, LA 70803 Presentation at Audubon Kiwanis Weekly Meeting Baton Rouge,
More informationThe Shale Invasion: Will U.S. LNG Cross the Pond? New terminals ramp up exports.
? The Shale Invasion: Will U.S. LNG Cross the Pond? New terminals ramp up exports. Morningstar Commodities Research 6 December 2016 Sandy Fielden Director, Oil and Products Research +1 512 431-8044 sandy.fielden@morningstar.com
More informationThe Economic Impacts of Virginia s Maritime Industry
The Economic Impacts of Virginia s Maritime Industry PORT COMMERCE Million Tons of Cargo Moved 0,00 Jobs $. Billion In Wages $. Billion In Spending $. Billion In State/Local Taxes.% of Virginia Gross State
More informationCanpotex: Growing Relationships
Canpotex: Growing Relationships June, 2011 Canpotex Canpotex is a world-class marketing and logistics company that sells and delivers Saskatchewan potash to international markets Canpotex enhances the
More informationWORLD TRADE TRENDS FOR FISHERY PRODUCTS AND THE SHARE OF AFRICA by Dr Amadou TALL Director INFOPÊCHE
TOUR C, 19ème Etage, Cité Administrative, P.O. Box 1747, Abidjan 01, COTE D'IVOIRE Tel: (225) 20.22 89 80/20.21 31 98/20.21 57 75, Fax: (225) 20.21 80 54, E-Mail: tall@africaonline.co.ci WORLD TRADE TRENDS
More informationEnergy Statistics: Making the Numbers Count
Energy Statistics: Making the Numbers Count IFEG Autumn Seminar, 5 th November 29 Paul Appleby, BP Group Economics Team Working with Energy Statistics The key challenges. Finding relevant & reliable data
More informationCompetitiveness of the European Chemical Industry
24 Oct 2014 Competitiveness of the European Chemical Industry 1. Summary The European chemical industry is key for economic development and wealth, providing modern products and materials and enabling
More informationMozambique s Natural Resource Boom. What potential impacts on the competitiveness of Mozambique s Cotton industry?
Mozambique s Natural Resource Boom What potential impacts on the competitiveness of Mozambique s Cotton industry? Cotton is one of Mozambique s Top 10 exports yet volumes are very low when compared to
More informationAcetone Methodology. ICIS pricing quotes acetone in Europe, Asia-Pacific, India/Middle East, China and the US Gulf.
Copyright 2014 Reed Business Information Ltd. ICIS is a part of the Reed Elsevier plc group Acetone Methodology The main use of acetone, accounting for over a quarter of total consumption, is in the manufacture
More informationInternational Energy Outlook 2016
International Energy Outlook 2016 For APERC Annual Conference 2017 Tokyo, Japan By Angelina LaRose U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov Global outlook 2
More informationUNIQUE DESIGN CHALLENGES IN THE AUX SABLE NGL RECOVERY PLANT
UNIQUE DESIGN CHALLENGES IN THE AUX SABLE NGL RECOVERY PLANT Presented at the 81 st Annual Convention of the Gas Processors Association March 11, 2002 Dallas, Texas Joe T. Lynch, P.E. Ortloff Engineers,
More informationBUSINESS PLAN. AQUATICAM Sustainable Shrimp Aquatic Culture Project POWERED BY: Ref: RADIUS Market Cambodia All Right Reserved
AQUATICAM Sustainable Shrimp Aquatic Culture Project BUSINESS PLAN POWERED BY: Ref: 15032010 2011 RADIUS Market Cambodia All Right Reserved This document set out the key strategic directions for AQUATICAM,
More information2015 REGIONAL SENIOR EXECUTIVE REWARD SURVEY MERCER EXECUTIVE REMUNERATION GUIDES (MERG) CHINA, HONG KONG, INDIA, JAPAN AND SINGAPORE
2015 REGIONAL SENIOR EXECUTIVE REWARD SURVEY MERCER EXECUTIVE REMUNERATION GUIDES (MERG) CHINA, HONG KONG, INDIA, JAPAN AND SINGAPORE MERCER EXECUTIVE REMUNERATION GUIDES MERCER S NEW ASIA SENIOR EXECUTIVE
More informationCorsa Coal Corp Platts Coal Marketing Days
Corsa Coal Corp Platts Coal Marketing Days September 26, 2017 Acosta Deep Mine Day of Grand Opening Somerset County, Pennsylvania Corsa Coal Corporation: Overview Growth-oriented premium quality metallurgical
More informationGASIFICATION AND THE MIDREX DIRECT REDUCTION PROCESS
GASIFICATION AND THE MIDREX DIRECT REDUCTION PROCESS By: Rob Cheeley Senior Sales Engineer Midrex Direct Reduction Corporation 201 S. College Street, Suite 2100 Charlotte, NC 28244 Phone: 704-378-3343
More information