Many companies follow very systematic methodology for carrying out execution of Mega projects. Project risks are identified, analyzed and proposed mitigation actions are identified and agreed upon. This activity is carried out in Project Risk Workshop. While SIL and HAZOP workshops are broadly...

Chemicals have become the backbone of manufacturing within industrialized economies. Being energy-intensive materials to produce, this sector is threatened by policies aimed at combating and adapting to climate change. This study examines the worst-case scenario for the U.S. chemicals industry...

We examine how time-consuming resource accumulation influences the classic strategy trade-off between commitment and flexibility. In particular, using data from the worldwide petrochemical industry during the period 1975 to 1995, we study the impact of new plants’ time-to-build on firms’...

In this paper we present technology transfer strategy of petrochemical process to Iranian industries. Petrochemical industries import requested technology by some known strategies such as Foreign Direct Investment (FDI), Licensing, Joint Venture (JV), Turn-key, Reverse Engineering (RE) and...