A COMPUTERIZED REMOTE-ACCESS COMMODITY MARKET: TELCOT

Research and Development/Tech Change/Emerging Technologies,

Containerless high purity pulling process and apparatus for glass fiber

Apparatus and method for pulling optical glass fibers in a containerless environment is disclosed which includes a single axis acoustical levitation furnace in which a specimen is levitated and melted. A reflector unit is carried in the interior of the furnace and includes a reflector disposed centrally about the acoustical axis of the levitator. The reflector unit includes a circular shroud of insulation and a copper sleeve inserted in the unit which is hollow at for receiving a cooling medium. A fiber pulling bore is formed centrally in the reflector unit surrounded by cooling jacket to enhance solidification and formation of a fiber. A starting fiber strand is introduced into the melt and pulled outwardly through bore whereby the specimen fiber is started and formed as pulled therethrough. In order to replenish the melt and thus enable a continous process, a movable secondary reflector is provided which captures a supplemental specimen pellet and by movement of the reflector transfers it to the melt

Enterprise Risk Management In The Oil And Gas Industry: An Analysis Of Selected Fortune 500 Oil And Gas Companies Reaction In 2009 And 2010

In 2009, four of the top ten Fortune 500 companies were classified within the oil and gas industry. Organizations of this size typically have an advanced Enterprise Risk Management system in place to mitigate risk and to achieve their corporations\u27 objectives. The companies and the article utilize the Enterprise Risk Management Integrated Framework developed by the Committee of Sponsoring Organizations (COSO) as a guide to organize their risk management and reporting. The authors used the framework to analyze reporting years 2009 and 2010 for Fortune 500 oil and gas companies. After gathering and examining information from 2009 and 2010 annual reports, 10-K filings, and proxy statements, the article examines how the selected companies are implementing requirements identified in the previously mentioned publications. Each section examines the companies Enterprise Risk Management system, risk appetite, and any other notable information regarding risk management. One observation was the existence or non-existence of a Chief Risk Officer or other Senior Level Manager in charge of risk management. Other observations included identified risks, such as changes in economic, regulatory, and political environments in the different countries where the corporations do business. Still others identify risks, such as increases in certain costs that exceed natural inflation, volatility and instability of market conditions. Fortune 500 oil and gas companies included in this analysis are ExxonMobil, Chevron, ConocoPhillips, Baker Hughes, Valero Energy, and Frontier Oil Corporation. An analysis revealed a sophisticated understanding and reporting of many types of risks, including those associated with increasing production capacity. Specific risks identified by companies included start-up timing, operational outages, weather events, regulatory changes, geo-political and cyber security risks, among others. Mitigation efforts included portfolio management and financial strength. There is evidence that companies in later reports (2013) are more comprehensive in their risk management and reports as evidenced by their 10-K and Proxy Statements (Marathon Oil Corporation, 2013)

THE IMPLICATIONS OF AN EXPORT TAX ON SECTORAL GROWTH: A CASE IN PAKISTAN

Impacts of an export tax on growth in the cotton and yarn markets were examined. Results of a simulation show that the export tax on raw fiber decreased the rate of growth in the fiber sector by 80%, and also decreased growth in yarn production by 0.7%.Crop Production/Industries, International Relations/Trade,

HEDONIC PRICE ESTIMATION FOR COMMODITIES: AN APPLICATION TO COTTON

A model of hedonic prices – implicit prices of embodied quality attributes – was developed for cotton lint and the relative importance of various quality attributes were estimated with regression analysis from sample data on observed sales of cotton. Results indicated that producer prices were sensitive to variations in fiber length, micronaire, and trash content. Results also revealed differences in relative importance and sensitivity between years.Crop Production/Industries, Demand and Price Analysis,

Containerless electromagnetic levitation melting of Cu-Fe and Ag-Ni alloys

The feasibility of producing silver or copper alloys containing finely dispersed nickel or iron particles, respectively, by utilizing containerless electromagnetic levitation casting techniques was investigated. A levitation coil was designed to successfully levitate and melt a variety of alloys including Nb-Ge, Cu-Fe, Fe-C, and Ag-Ni. Samples of 70 Cu-30 Fe and 80 Ag-20 Ni (atomic %), prepared by mechanical pressing of the constituent powders, were levitated and heated either to the solid plus liquid range of the alloys or to the fully liquid region. The samples were then solidified by passing helium gas into the bell jar or they were dropped into a quenching oil. The structure of the samples which were heated to the solid plus liquid range consists of uniform distribution of Fe or Ni particle in their respective matrices. A considerable amount of entrapped gas bubbles were contained. Upon heating for longer periods or to higher temperatures, the bubbles coalesced and burst, causing the samples to become fragmented and usually fall out of the coil

Annual Report on Cotton Economics Research 2001/02

Crop Production/Industries,

Containerless glass fiber processing

An acoustic levitation furnace system is described that was developed for testing the feasibility of containerless fiber pulling experiments. It is possible to levitate very dense materials such as platinum at room temperature. Levitation at elevated temperatures is much more difficult. Samples of dense heavy metal fluoride glass were levitated at 300 C. It is therefore possible that containerless fiber pulling experiments could be performed. Fiber pulling from the melt at 650 C is not possible at unit gravity but could be possible at reduced gravities. The Acoustic Levitation Furnace is described, including engineering parameters and processing information. It is illustrated that a shaped reflector greatly increases the levitation force aiding the levitation of more dense materials

PRODUCER RETURNS FROM COTTON STRENGTH AND UNIFORMITY: AN HEDONIC PRICE APPROACH

Implicit (hedonic) producer prices for fiber strength uniformity were estimated for the southwest U.S. cotton market using seemingly unrelated regression and market sales data from 1983/84 and 1984/85, Fiber strength and length uniformity had significant effects on the price of cotton, but price was less responsive to both attributes than anticipated. Producer prices were most responsive to fiber length and micronaire and least responsive to color and strength. The market at the producer level appears to be making effective price adjustments with respect to factors such as fiber color, trash content, micronaire, fiber length, and location, but strength and length uniformity premiums and discounts are smaller than those paid by end users.Demand and Price Analysis,