A FINANCIAL ANALYSIS OF THE CONDUCTION OF THE HDA PLANTS – PART 2 The first part of the analysis, published in the last issue, focused on the expenses and revenues which are fixed, at full production, thanks to contracts signed with fixed prices.
Toluene (2380 bbl/w), benzene (1883 bbl/w) and diphenyl (14 t/w), instead, are bought and sold according to their weekly average market value – in case of diphenyl, at 20% of its value, because of its low purity.
Taking last week as an example:
Expense/
Revenue Toluene -198284 €/w Diphenyl +1944 €/w Benzene +270141 €/w SUBTOTAL +73801 €/w Which allows to determine the resulting weekly cash flow of the plant, at full production:
Subtotal 1 -19541 €/w Subtotal 2 +73801 €/w TOTAL +54260 €/w The analysis will be completed in the next issue of the Journal, along with an exclusive in- depth commentary.
PSE-Lab - CMIC Department - Politecnico di Milano
FINANCE
Average weekly figures:
4/11-10/11 week
Crude oil1 48.12 (+15.45%) Benzene1 143.45 (+9.1%) Toluene1 83.31 (-2.6%) Propylene2 882.69 (-4.7%) Diphenyl2 694.82 (-1.8%)
11/11-17/11 week Forecasts by OPEC:
Crude oil1 84.81 (+76.2%) We apologize for the inconvenience but the forecasts for the other commodities are unavailable this week (1) EUR per bbl (159 L) (2) EUR per metric ton
The PROCESS SYSTEMS ENGINEERING JOURNAL
THE PROCESS ENGINEERS OF POLITECNICO DISPLAY AN EXCELLENT PERFORMANCE
A spokesman of Politecnico shared with us the cash flows of each plant and the balances at the end of last week – allowing us to assess the performance of each team.
Team name w6 end w6 plant
cashflow Team name w6 end w6 plant cashflow VilPec1 285746 46633 Le Barbabie 221752 56989 Team37 262277 49090 L'N'G 800A7 219176 56989 Barz8 261777 49090 BlueSkyTech 209900 44633 ALPACH11 256397 49090 A$AP29 206058 54989 Snowball.Ef 255977 49090 PSElvaggi20 205985 47090 Shark Faema 254777 49090 PSEcopatici 204372 47090 HD A-Team31 254777 49090 Pangea10 203264 56989 Team2 250672 46633 IdealGasRul 198937 49090 γ/φ Projec 248323 49090 SuperStar33 197847 52259 Izecson22 246977 49090 Team36 188238 54989 Ammosfera5 243189 49090 Monza 20900 169449 -2000 Team38 239760 49090 Poseidons4 165464 -2000
ViA25 234177 49090 Team28 159959 -2000
ECH24 234023 49090 Cocas21 130844 -2000 RCMTeam15 233580 56989 valeluandre 130713 -2000 4218 232570 56989 Paperon de' 110869 -2000 Ratatouille 232145 46633 Team17 81574 -2000 M&D Associa 230250 54259 Flowers14 73238 -2000
RSC26 223351 56989 URSZ34 72462 -2000
N. 7 – November 11, 2019
SPONSORED CONTENT – Politecnico di Milano
Congratulations to all teams! Your effort and diligence have been noted and the Board is impressed by the performance of most of you. All the interviewed teams have been awarded with a sum ranging from 15000 to 40000 €.
The Board is also proud to announce that team VilPec1 received 50k€ as a special award of a competition among all the teams. Many members of the Board, and other distinguished investors, have also explicitly expressed their desire to personally meet again and invite all teams to a more pleasant kind of event.
That’s why we are proud to announce our exclusive “Gala dinner”, which will be held tonight at the premises of Politecnico di Milano. All the teams are officially invited, as well as one partner of their choice.
To confirm your attendance and manage your cockpit, visit tiny.cc/pse19w7 The best performing teams have had a really
impressive performance, clearly demonstrating not only their hard skills as process engineers, but also their prowess with soft skills and their ease at formal business events.
http://pselab.chem.polimi.it/pse-game-2019/
