World's largest chemical company achieves record year last year

The world's largest chemical company, the German BASF Group, released a record annual performance report yesterday. Its 2010 sales reached 63.9 billion euros, an increase of 26%, and earnings per share of 4.96 euros, an increase of 223%. This is a perfect example of how a global industry is recovering from the crisis.
According to Dr. He Binjie, Chairman of BASF's Executive Board, the company's performance was record-breaking in 2010. Compared with 2009, total sales increased by 26% to 63.9 billion euros. Earnings before interest and taxes excluding special items increased by 68% to 8.1 billion euros. In 2010, BASF once again realized profits higher than the cost of capital, with a record breaking profit of 3.5 billion euros.
The good performance reflects BASF's growth momentum and gains approval from the capital market. It is reported that BASF’s stock price reached its historical peak in December 2010 and grew over 37% throughout the year.
It is understood that in the chemicals business area, BASF’s sales far exceeds 2009 levels thanks to higher prices and sales. Some of these products have experienced temporary supply shortages. The increase in the cost of raw materials is also basically transferred to the sales price. The Petrochemical Department has particularly benefited from this. Due to the increase in profit margins, especially for basic products and greater sales, operating revenue in the chemicals business area has achieved strong growth.
According to BASF's forecast, the global economy will grow steadily, reaching 3.3% in 2011, while global chemical production will increase significantly, reaching 5.2%. The average crude oil price in 2011 was US$90/barrel.

PVC Non metallic Liquid Tight Connector

PVC No-nmetallic Liquid Tight Connector descriptions:


1.No-nmetallic Liquid Tight Connector-Straight
2.UL list
3.Straight Nonmetallic liquid-tight connectors are used to terminate andseal Liquid -Tight Flexible Nonmetallic Type B Conduit to either an oil-tight, liquid-tight or rain-tight box or enclosure.Connectors can beused with tapered thread femaleentry or unthreaded knock-out using the provided sealingwasher and locknut.
4. Resists Salt Water, Weak Acids, Gasoline, Alcohol,Oil, Grease and Common Solvents
5. No Disassembly Required
6.Reusable

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Pipe Fittings Sizes:


pvc pipe sizes chard id od inner diameter outer diameterAs mentioned in a previous blog post about PVC pipe outer diameter, PVC pipe and fittings use a nominal system for standard sizing. This is so all parts with the same size in their name will be compatible with each other. All 1" fittings will fit on 1" pipe, for example. That seems pretty straightforward, right? Well here's the confusing part: the outer diameter (OD) of PVC pipe is greater than the size in its name. That means that 1" PVC pipe will have an OD that is greater than 1", and a 1" PVC fitting will have an even larger OD than the pipe.

The most important thing when working with PVC pipe and fittings is the nominal size. A 1" fitting will fit on a 1" pipe, regardless of whether either one is schedule 40 or 80. So, while a 1" socket fitting has an opening wider than 1" across, it will fit on a 1" pipe because the OD of that pipe is also greater than 1".


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