Eco-friendly wood polymer composites for sustainable design applications

Environmental inputs can improve the level of innovation by interconnecting them with traditional inputs regarding the properties of materials and processes as a strategic eco-design procedure. Advanced engineered polymer composites are needed to meet the diverse needs of users for high-performance automotive, construction and commodity products that simultaneously maximize the sustainability of forest resources. In the current work, wood polymer composites (WPC) are studied to promote long-term resource sustainability and to decrease environmental impacts relative to those of existing products. A series of polypropylene wood–fiber composite materials having 20, 30, 40 and 50 wt. % of wood–fibers were prepared using twin-screw extruder and injection molding machine. Tensile and flexural properties of the composites were determined. Polypropylene (PP) as a matrix used in this study is a thermoplastic material, which is recyclable. Suitability of the prepared composites as a sustainable product is discussed.

La ciencia económica después de la crisis mundial

I am delighted to be here this evening. This is my first visit to Argentina and I am honored to be invited by the Catholic University of Argentina. I will talk about the world crisis from a Keynesian point of view, and my lecture will be divided into three parts: why did it start?; what should we be doing about it?; and what steps can we take to prevent something like this from happening again. So I will deal with “origin”, “recovery” and “reform”. Because of the speed of the recovery in this part of the world my diagnosis and prescriptions might at first glance seem less relevant to Argentina and Latin America than to Europe and the United States. But Latin America’s recovery is mainly based on rising commodity prices and commodity prices are, partly determined by what happens to the rest of the world. In a globalized world each country fate is bound up with the fate of its neighbors. Bringing about a global recovery, therefore, is in the interest of all, whether in South America or Southern Europe.

Monte Carlo Valuation of natural gas investments

This paper deals with the valuation of energy assets related to natural gas. In particular, we evaluate a baseload Natural Gas Combined Cycle (NGCC) power plant and an ancillary instalation, namely a Liquefied Natural Gas (LNG) facility, in a realistic setting; specifically, these investments enjoy a long useful life but require some non-negligible time to build. Then we focus on the valuation of several investment options again in a realistic setting. These include the option to invest in the power plant when there is uncertainty concerning the initial outlay, or the option's time to maturity, or the cost of CO2 emission permits, or when there is a chance to double the plant size in the future. Our model comprises three sources of risk. We consider uncertain gas prices with regard to both the current level and the long-run equilibrium level; the current electricity price is also uncertain. They all are assumed to show mean reversion. The two-factor model for natural gas price is calibrated using data from NYMEX NG futures contracts. Also, we calibrate the one-factor model for electricity price using data from the Spanish wholesale electricity market, respectively. Then we use the estimated parameter values alongside actual physical parameters from a case study to value natural gas plants. Finally, the calibrated parameters are also used in a Monte Carlo simulation framework to evaluate several American-type options to invest in these energy assets. We accomplish this by following the least squares MC approach.

La gestión de Fondos de Inversión en Activos de Renta Fija

[ES]En el presente trabajo analizamos la evolución de la inversión colectiva en Estados Unidos y Gran Bretaña, países que son el inicio de la misma, y su posterior nacimiento y desarrollo en España, para centrarnos exclusivamente en los Fondos de Inversión de Renta Fija. En la segunda parte, estudiamos la gestión de carteras de renta fija y su posible aplicación a la gestión de carteras de Fondos de Inversión, incorporando las posibilidades que ofrecen los productos financieros derivados. Finalizamos el trabajo con un análisis empírico sobre el comportamiento de los FIM de Renta Fija en España, con el objeto de contrastar cómo es realmente la gestión de Fondos en nuestro país.

Aquaculture Asia, Vol.14, No.1, pp.1-51, January-March 2009

Peter Edwards writes on rural aquaculture: Myanmar revisited. Harvesting, traditional preservation and marketing of fishes of Chalan Beel, Bangladesh, by Galib, S.M. and Samad, M.A. Role of community in production and supply of larger, quality fingerlings, by Radheyshyam, De, H.K. and Saha, G.S. Can rice-fish farming provide food security in Bangladesh? by Ahmed, N. and Luong-Van, J. Nutritional and food security for rural poor through multi-commodity production from a lake of eastern Uttar Pradesh, by Singh, S.K. Emerging boost in Sri Lankan reservoir fish production: a case of adoption of past research findings, by Amarasinghe, U.S., Weerakoon, D.E.M., Athukorala, D.A. Farming the freshwater prawn Macrobrachium malcolmsonii, by Radheyshyam Breeding and seed production of butter catfish, Ompok pabda (Siluridae) at Kalyani Centre of CIFA, India, by Chakrabarti, P.P., Chakrabarty, N.M. and Mondal, S.C. Asia-Pacific Marine Finfish Aquaculture Magazine Use of fish in animal feeds: a fresh perspective National strategies for aquatic animal health management, by Mohan, C.V. NACA Newsletter.

Seafood safety: economics of Hazard Analysis and Critical Control Point (HACCP) programmes

Seventy percent of the world's catch of fish and fishery products is consumed as food. Fish and shellfish products represent 15.6 percent of animal protein supply and 5.6 percent of total protein supply on a worldwide basis. Developing countries account for almost 50 percent of global fish exports. Seafood-borne disease or illness outbreaks affect consumers both physically and financially, and create regulatory problems for both importing and exporting countries. Seafood safety as a commodity cannot be purchased in the marketplace and government intervenes to regulate the safety and quality of seafood. Theoretical issues and data limitations create problems in estimating what consumers will pay for seafood safety and quality. The costs and benefits of seafood safety must be considered at all levels, including the fishers, fish farmers, input suppliers to fishing, processing and trade, seafood processors, seafood distributors, consumers and government. Hazard Analysis Critical Control Point (HACCP) programmes are being implemented on a worldwide basis for seafood. Studies have been completed to estimate the cost of HACCP in various shrimp, fish and shellfish plants in the United States, and are underway for some seafood plants in the United Kingdom, Canada and Africa. Major developments within the last two decades have created a set of complex trading situations for seafood. Current events indicate that seafood safety and quality can be used as non-tariff barriers to free trade. Research priorities necessary to estimate the economic value and impacts of achieving safer seafood are outlined at the consumer, seafood production and processing, trade and government levels. An extensive list of references on the economics of seafood safety and quality is presented. (PDF contains 56 pages; captured from html.)

Code de Conduite pour une Peche Responsable

La pêche, y compris l'aquaculture, apporte une contribution fondamentale à l'alimentation, à l'emploi, aux loisirs, au commerce et au bien-être économique des populations du monde entier, qu'il s'agisse des générations présentes ou futures, et devrait, par conséquent, être conduite de manière responsable. Le présent Code définit des principes et des normes internationales de comportement pour garantir des pratiques responsables en vue d'assurer effectivement la conservation, la gestion et le développement des ressources bioaquatiques, dans le respect des écosystèmes et de la biodiversité. Le Code reconnaît l'importance nutritionnelle, économique, sociale, environnementale et culturelle de la pêche et les intérêts de tous ceux qui sont concernés par ce secteur. Le Code prend en considération les caractéristiques biologiques des ressources et de leur environnement, ainsi que les intérêts des consommateurs et autres utilisateurs. Les Etats et tous ceux impliqués dans le secteur de la pêche sont encouragés à appliquer ce Code de manière effective. (PDF contains 53 pages)

The Economics of Gasification: A Market-Based Approach

This paper deals with the economics of gasification facilities in general and IGCC power plants in particular. Regarding the prospects of these systems, passing the technological test is one thing, passing the economic test can be quite another. In this respect, traditional valuations assume constant input and/or output prices. Since this is hardly realistic, we allow for uncertainty in prices. We naturally look at the markets where many of the products involved are regularly traded. Futures markets on commodities are particularly useful for valuing uncertain future cash flows. Thus, revenues and variable costs can be assessed by means of sound financial concepts and actual market data. On the other hand, these complex systems provide a number of flexibility options (e.g., to choose among several inputs, outputs, modes of operation, etc.). Typically, flexibility contributes significantly to the overall value of real assets. Indeed, maximization of the asset value requires the optimal exercise of any flexibility option available. Yet the economic value of flexibility is elusive, the more so under (price) uncertainty. And the right choice of input fuels and/or output products is a main concern for the facility managers. As a particular application, we deal with the valuation of input flexibility. We follow the Real Options approach. In addition to economic variables, we also address technical and environmental issues such as energy efficiency, utility performance characteristics and emissions (note that carbon constraints are looming). Lastly, a brief introduction to some stochastic processes suitable for valuation purposes is provided.

A review of bonga fisheries of the Cross River State, Nigeria

The Nigerian pelagic fishery contributes about two-thirds of the total marine fishery resources of the country. The main components of this fishery are the clupeid (Ethmalosa, and Sardinella spp) and the scombroid (jacks, barracuda and tuna) fisheries. In 1979 to 1983, fish production from the national inshore and brackishwater zones was 1,702,685 tonnes. Bonga (Ethmalosa fimbriata) which dominates the pelagic fishery in the Cross River State of Nigeria, contributed about 158,612 tonnes (i.e. 9.3%) of this national marine fish catch. Although bonga is caught along the entire Nigerian coast, a significant fishery exists mostly in the wider estuary of the Cross River State, which borders on the Cameroon Republic. In the Cross River State, and within the period, bonga contributed 24% to the marine fish landings. Bonga is supported by a single species (E. fimbriata). The species forms an important fishery all the year-round in the open sea off these estuaries, whenever the canoes venture to sea, but these open sea fisheries are affected by whether conditions. The best, and most suitable gear for bonga are the gill nets, cast nets, boat seines, and shore seines. Dried and smoked bonga are a common market commodity in the southern parts of the country generally, but particularly in the Cross State where it is a readily available and acceptable food item

Carbon-carbon bond forming reactions from bis(carbene)-platinum(II) complexes and olefin polymerization and oligomerization using group 4 post-metallocene complexes

A long-standing challenge in transition metal catalysis is selective C–C bond coupling of simple feedstocks, such as carbon monoxide, ethylene or propylene, to yield value-added products. This work describes efforts toward selective C–C bond formation using early- and late-transition metals, which may have important implications for the production of fuels and plastics, as well as many other commodity chemicals.

The industrial Fischer-Tropsch (F-T) process converts synthesis gas (syngas, a mixture of CO + H₂) into a complex mixture of hydrocarbons and oxygenates. Well-defined homogeneous catalysts for F-T may provide greater product selectivity for fuel-range liquid hydrocarbons compared to traditional heterogeneous catalysts. The first part of this work involved the preparation of late-transition metal complexes for use in syngas conversion. We investigated C–C bond forming reactions via carbene coupling using bis(carbene)platinum(II) compounds, which are models for putative metal–carbene intermediates in F-T chemistry. It was found that C–C bond formation could be induced by either (1) chemical reduction of or (2) exogenous phosphine coordination to the platinum(II) starting complexes. These two mild methods afforded different products, constitutional isomers, suggesting that at least two different mechanisms are possible for C–C bond formation from carbene intermediates. These results are encouraging for the development of a multicomponent homogeneous catalysis system for the generation of higher hydrocarbons.

A second avenue of research focused on the design and synthesis of post-metallocene catalysts for olefin polymerization. The polymerization chemistry of a new class of group 4 complexes supported by asymmetric anilide(pyridine)phenolate (NNO) pincer ligands was explored. Unlike typical early transition metal polymerization catalysts, NNO-ligated catalysts produce nearly regiorandom polypropylene, with as many as 30-40 mol % of insertions being 2,1-inserted (versus 1,2-inserted), compared to <1 mol % in most metallocene systems. A survey of model Ti polymerization catalysts suggests that catalyst modification pathways that could affect regioselectivity, such as C–H activation of the anilide ring, cleavage of the amine R-group, or monomer insertion into metal–ligand bonds are unlikely. A parallel investigation of a Ti–amido(pyridine)phenolate polymerization catalyst, which features a five- rather than a six-membered Ti–N chelate ring, but maintained a dianionic NNO motif, revealed that simply maintaining this motif was not enough to produce regioirregular polypropylene; in fact, these experiments seem to indicate that only an intact anilide(pyridine)phenolate ligated-complex will lead to regioirregular polypropylene. As yet, the underlying causes for the unique regioselectivity of anilide(pyridine)phenolate polymerization catalysts remains unknown. Further exploration of NNO-ligated polymerization catalysts could lead to the controlled synthesis of new types of polymer architectures.

Finally, we investigated the reactivity of a known Ti–phenoxy(imine) (Ti-FI) catalyst that has been shown to be very active for ethylene homotrimerization in an effort to upgrade simple feedstocks to liquid hydrocarbon fuels through co-oligomerization of heavy and light olefins. We demonstrated that the Ti-FI catalyst can homo-oligomerize 1-hexene to C₁₂ and C₁₈ alkenes through olefin dimerization and trimerization, respectively. Future work will include kinetic studies to determine monomer selectivity by investigating the relative rates of insertion of light olefins (e.g., ethylene) vs. higher α-olefins, as well as a more detailed mechanistic study of olefin trimerization. Our ultimate goal is to exploit this catalyst in a multi-catalyst system for conversion of simple alkenes into hydrocarbon fuels.

Use of pseudoephedrine as a practical chiral auxiliary for asymmetric synthesis

The use of pseudoephedrine as a practical chiral auxiliary for asymmetric synthesis is describe. Both enantiomers of pseudoephedrine are inexpensive commodity chemicals and can be N-acylated in high yields to form tertiary amides. In the presence of lithium chloride, the enolates of the corresponding pseudoephedrine amides undergo highly diastereoselective a1kylations with a wide range of alkyl halides to afford α-substituted products in high yields. These products can then be transformed in a single operation into highly enantiomerically enriched carboxylic acids, alcohols, and aldehydes. Lithium amidotrihydroborate (LAB) is shown to be a powerful reductant for the selective reduction of tertiary amides in general and pseudoephedrine amides in particular to form primary alcohols.

Evaluation of two alternative carbon capture and storage technologies

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