Archives :: Business & Economics
May 1, 2014
FRI is lucky to have survived a simple valve-tray project. A few years ago, the low-pressure (LP) test column stood empty, because there were no trays ready to be installed. The intention was to install a set of new valve trays of a very simple design, but when the column was empty, neither a design nor the actual trays existed. It took five months for the trays to be designed, drawn, fabricated, shipped...
April 24, 2014
Most chemical processes are born in the laboratory. The challenge for engineers is to then convert the laboratory method into a large and economically sound industrial process. Unfortunately, many promising technologies never see the light of day; some because of perpetual piloting programs aimed at solving minute process issues, others due to unanticipated technical problems resulting from fast-tracking...
April 23, 2014
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), has reached its highest peak since March 2008. Even accounting for seasonal adjustments, the unusually harsh winter skewed earlier data, and this month’s barometer reflects upward revisions for January, February, and March of 0.1, 0.2, and...
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