Horizontal mergers in the iron ore industry—An application of PCAIDS

The purpose of this paper is to estimate and analyse the price effects of the iron ore mergers between Rio Tinto and North Ltd in 2000, and CVRD and Caemi in 2001. The analyses are conducted using a merger simulation model that, based on the pre-merger situation, estimates the post-merger outcome. This paper applies the so-called proportionality-calibrated almost ideal demand system (PCAIDS) model, which assumes that the product is differentiated and that the strategic variable is price. The results from the merger simulations show that in the case of the merger between Rio Tinto and North Ltd, the merged firm has a combined market share of almost 20%. However, the estimated market weighted average price effect is only 2.6%. Regarding the merger between CVRD and Caemi, the merged firm's market share is about 29%, and the estimated market weighted average price effect is 4.6%. When removing Caemi's Canadian asset, which was the Commission decision in order to allow the merger, the market price effect decreases to 3.1%. Overall the results in this study support the Commission's decisions regarding both merger cases, and shows that merger simulations of price effects can be valuable tools in merger assessments.     

Financial and economic factors affecting the lignite prices in Turkey: An analysis of Soma and Can lignites

Using a simultaneous equation econometric model based on yearly data between 1997 and 2006 for the Aegean Lignite Enterprise this study examines factors that affect the lignite price in Turkey. The Aegean Lignite Enterprise produces and sells the lignite of Soma and Can and their data reflect the general Turkish situation. The results suggest that (1) lignite prices sold to the industry increase (decrease) depending on the decrease (increase) in the industrial production and (2) total electricity production and electricity price are the most important factors that potential investors and related persons have to take into consideration for the pricing of lignite in the thermal power plant market.     

碳氮磷比失调对污水生物脱氮除磷的影响

我国南方城市污水普遍存在低碳相对高氮磷特征,本文介绍了同时生物脱氮除磷的机理、对碳源的需求与竞争,以及一些针对此类污水生物脱氮除磷的改进工艺及其在实际运用中的效果,并对此类污水的处理方向进行了展望。     

Gas/particle partitioning of atmospheric PCDD/Fs in a satellite town in Eastern China

Gas/particle partitioning of polychlorinated dibenzo-p-dioxins and dibenzofurans (PCDD/Fs) in ambient air was investigated in a satellite town in Eastern China from April 2007 to January 2008 comprehending large temperature variations (from 3 to 34 °C, daily average). Molecular weight, molecular structure and ambient temperatures are the three major factors that govern the gas/particle partitioning of atmospheric PCDD/Fs throughout the year. Generally, good agreements were obtained (except for winter) between measured particulate fractions and theoretical estimates of both the Junge–Pankow adsorption model and Harner Bidleman absorption model using different sets of subcooled liquid vapor pressure and octanol–air partition coefficient (K_oa), respectively. Models utilizing estimates, derived from gas chromatographic retention indices (GC-RIs), are more accurate than that of entropy-based. Moreover, during winter, the K_oa-based model using the GC-RIs approach performs better on lower chlorinated PCDD/Fs than that of -based. Furthermore, possible sources of mismatch between measured and predicted values in winter (3–7 °C) were discussed. Gas adsorption artifact was demonstrated to be of minor importance for the phenomena observed. On the other hand, large deviations of slopes (m_r) and intercepts (b_r) in logK_p vs. plots from theoretical values are observed in the literature data and these are found to be linearly correlated with ambient temperatures (P<0.001) in this study. This indicates that the non-equilibrium partitioning of PCDD/Fs in winter may be significantly influenced by the colder temperatures that may have slowed down the exchange between gaseous and particulate fractions.     

油罐喷射火燃烧模拟

针对由一定压力的单相或两相介质泄漏或压力泄放系统排放引起的喷射火,利用gambit生成计算区域网格,得到相应的计算模型.再利用Fluent软件中的离散相模型计算气体流动,采用Realizable k-epsilon湍流模型和部分预混燃烧模型来预测燃料的燃烧,模拟了戊烷燃料燃烧和湍动多相流场,给出了燃烧速度矢量、温度和组...     

厌氧/好氧SPNDPR系统实现低C/N城市污水同步脱氮除磷的优化运行

为了解同步短程硝化内源反硝化除磷(SPNDPR)系统的脱氮除磷特性,以低C/N城市污水为处理对象,采用延时厌氧(180 min)/好氧运行的SBR反应器,通过联合调控曝气量和好氧时间,考察了该系统启动与优化运行特性.结果表明,当系统好氧段曝气量为0. 8 L·min~(-1),好氧时间为150 min时,出水PO_4~(3-)-P浓度约为1. 5 mg·L~(-1)左右,出水NH_4~+-N和NO_3~--N浓度由10. 28 mg·L~(-1)和8. 14 mg·L~(-1)逐渐降低至0 mg·L~(-1)和2. 27 mg·L~(-1),出水NO_2~--N浓度逐渐升高至1. 81 mg·L~(-1);当曝气量提高至1. 0 L·min~(-1)且好氧时间缩短至120min后,系统除磷、短程硝化性能逐渐增强,但总氮(TN)去除性能先降低后逐渐升高,最终出水PO_4~(3-)-P、NH_4~+-N分别稳定低于0. 5 mg·L~(-1)和1. 0 mg·L~(-1),好氧段亚硝积累率和SND率分别达98. 65%和44. 20%,TN去除率达79. 78%. SPNDPR系统内好氧段好氧吸磷、反硝化除磷、短程硝化、内源反硝化同时进行保证了低C/N污水的同步脱氮除磷.     

New process for anaerobic treatment of Vitamin C wastewater in a full scale plant

１ＩｎｔｒｏｄｕｃｔｉｏｎＴｈｅＦｉｒｓｔＰｈａｒｍａｃｅｕｔｉｃａｌＦａｃｔｏｒｙｉｎＳｈｉｊｉａｚｈｕａｎｇＣｉｔｙ，Ｃｈｉｎａ，ｂｕｉｌｔａｓｅｔｏｆｅｑｕｉｐｍｅｎｔｏｆｆｕｌｓｃａｌｅｔｒｅａｔｉｎｇＶｉｔａｍｉｎＣｗａｓｔｅｗａｔｅｒｉｎ...     

两种奥氏体不锈钢酸性盐雾腐蚀行为研究

目的研究0Cr18Ni9(钝化)不锈钢与0Cr18Ni10Ti(钝化)不锈钢在酸性盐雾条件下的腐蚀行为,为发动机零件选材及防护措施的改进提供依据。方法按GJB150.11A—2009《军用装备环境试验方法盐雾试验》进行,调节溶液p H到3.5±0.5,以24 h喷雾润湿+24 h干燥为一个循环,分别开展2(96 h)、4(192 h)、5(240 h)个循环的酸性盐雾试验。采用目视、称量、X射线衍射(XRD)、扫描电子显微镜(SEM)及能谱仪(EDS)对盐雾腐蚀后试样进行观察及分析。结果 0Cr18Ni9(钝化)与0Cr18Ni10Ti(钝化)两种奥氏体不锈钢均发生了轻微的腐蚀,主要为局部腐蚀及均匀腐蚀。结论两种金属在酸性盐雾条件下耐蚀性良好,且可满足目前海军型发动机对材料耐酸性盐雾腐蚀的要求,0Cr18Ni9(钝化)略优于0Cr18Ni10Ti(钝化)。     

Belowground effects of enhanced tropospheric ozone and drought in a beech/spruce forest (Fagus sylvatica L./Picea abies [L.] Karst)

The effects of experimentally elevated O₃ on soil respiration rates, standing fine-root biomass, fine-root production and δ¹³C signature of newly produced fine roots were investigated in an adult European beech/Norway spruce forest in Germany during two subsequent years with contrasting rainfall patterns. During humid 2002, soil respiration rate was enhanced under elevated O₃ under beech and spruce, and was related to O₃-stimulated fine-root production only in beech. During dry 2003, the stimulating effect of O₃ on soil respiration rate vanished under spruce, which was correlated with decreased fine-root production in spruce under drought, irrespective of the O₃ regime. δ¹³C signature of newly formed fine-roots was consistent with the differing g_s of beech and spruce, and indicated stomatal limitation by O₃ in beech and by drought in spruce. Our study showed that drought can override the stimulating O₃ effects on fine-root dynamics and soil respiration in mature beech and spruce forests.