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Tuesday 22 August 2017

How Hazardous Waste Management Is Crucial For a Modern Manufacturing Plant

In many countries such as the USA, environmental protection is given high importance. According to various laws in this country, there needs to be a high degree of awareness and compliance when it comes to hazardous waste management. In today’s circumstances, any countries are generators of waste. Therefore, it has become imperative to assist such companies in what is called waste disposal.

Hazardous waste management is dictated in many countries by law enforcement agencies such as the United States Environmental Protection Agency (EPA). This agency provides for in depth definitions as well as descriptions regarding matters concerning waste disposal such as waste types, levels of waste description, disposal of waste, and recycling of waste. Therefore, companies which need to do business in which the environment can be potentially harmed need to go for approvals from the EPA in the United States. In other countries, similar agencies exist which have been mandated to protect the environment through law enforcement.

If your company produces material that creates by products that have the potential to do environmental harm, then you need expert waste handling processes that will not only help you preserve the environment, but also help you improve your bottom line through cost mitigation.

It makes no sense if the waste that is produced in your company or manufacturing premises keeps on languishing. The sooner it is removed, the better it will be for your company financially. It’s better to organize regular pick-ups, which are much cheaper to organize than a one-time clean up job.

Moreover, it does not make any sense to store your waste on your factory floor or on the factory premises. This interrupts the workflow process badly and workers spend undue time going around these sectors. The same applies to the waste that is stored outside the factory building. The space occupied by this waste can be utilized for more constructive purposes.

Many countries impose heavy fines and even lawsuits on companies and individuals who store waste hap hazardously. Since exposure to stored waste can be dangerous to workers, it is in the best interests of all that this offensive waste is removed as fast as possible. Exposing your workers to waste can make your employees sick and create low morale, which can slow down production in your factory.

Many companies offer hazardous waste disposal services. As part of these services, you can expect companies to fully understand all methods of hazardous waste handling. These companies are also expected to draw a comprehensive waste disposal plan that is in line with your company’s objectives. At the same time, you will need to ensure that you are protected against liability.

To conclude, ensure that your company complies with the waste regulations. Ensure that your company does not break any rules regarding waste regulation. Take the help of waste disposal companies that will ensure systematic waste disposal for your company.

Sunday 13 August 2017

How to Avoid Disaster While Preparing a Feasibility Study Report

Introduction
If you are an entrepreneur, then one of your primary goals is to make your new venture succeed. Your new venture can include a product or service; however, you will need to convince other people to finance your project or initiative. However, before you move forward with your idea, you will need to show that your idea is practicable and viable. For this, a feasibility study or analysis is essential.

Feasibility assessment – To determine business practicality
A feasibility assessment includes many aspects that will demonstrate that your business idea is practicable and realistic while there is an established market for your business needs. At the same time, you will need to demonstrate that your business execution plan is workable.

How to avoid disaster
A feasibility study thus provides a significant return on investment if properly executed. However, a poorly conceived study or poorly executed report can prove to be disastrous. Such a report can prevent you from raising money or capital. There are greater and hidden costs of improper studies. This is actually the cost that you will pay from pursuing the wrong opportunity. Hence proper analysis can help you prevent many of the risks that are associated with a new venture. Such studies ensure that you are presented with the best business opportunity.

Mistakes with feasibility studies
Many people make mistakes with their feasibility studies. They may mistake market research data with intelligence or even fail to pay attention to key business issues. They also fail to conduct preliminary studies before they can implement the study report. At the same time, many people to implement the feasibility study without expert assistance.

Reduction of risk
You should always remember that a feasibility report is created so that the risk to the business can be reduced and the viability of the project can be ascertained. Thus, as soon as you realize that a business can be carried out profitably, can the idea be carried forward and established firmly. Thus, a feasibility report is not merely just an investigation, but at the same time, it is a plan or framework about how the business project will be implemented.

Conclusion
Hence, the feasibility study consists of important steps that are a part of business development. It is used to determine the potential of success of a business venture. Hence, the success of a feasibility study is carried out after careful identification of all the possibilities, risks, and important aspects that are required for the success of any business.

Saturday 12 August 2017

Due Diligence – A Crucial Part of Organizational Best Practice

Due diligence is an important concept that comes into play during a deal process, especially when identifying good potential partners and engaging them in preliminary round of discussion. Once the concerned partners move beyond this early round of negotiations or discussions, the process then moves in to the due diligence phase. During this phase, the partners become interested in various legal, technical, scientific, and other strategic resources so that they can delve deeper into the opportunity. At this crucial juncture, the negotiations can make or break the deal. Here, due diligence consulting and due diligence services can be of great help. Hence, some of the key factors for mentioning due diligence is as below:

Communications factors: The due diligence phase involves a clear and open communication factor, during which complicated information is exchanged between both the parties.

Data Rooms: In case the question is about software, a well organized data room can be brought into play, which can help the key players in the deal to access important and sensitive data. A well-organized data room also means that the diligence process is competitive as well as professional. Having a clearly organized data room allows partners to quickly find the answers to key questions while allowing the seller to control access to potentially sensitive data. Beyond logistics, having a well-prepared data room also communicates to potential partners that the process is competitive and professional.

Restricted access: It is also necessary to allow serious partners to access your data, but at the same time, they need to be restricted from accessing more sensitive data. The data room as described above needs to be divided into various areas or tiers so that those partners which have completed initial due diligence are given access to more sensitive tiers.

Non-Binding Term Sheet: In most cases, companies need to submit a non-binding term sheet before getting full-access so that it can be ensured that the opportunity is being taken seriously. You can also involve communication of timelines that will help in avoiding issues such as a protracted diligence process that is not productive.

Conclusion:
Thus, leading the partners through a due diligence process is a thorough indicator of a positive chance of success as this is often a point where negotiations break down. You can follow general best practices and expect clear communication about the expectations from both sides. This will help you successfully progressing through the next phase of the deal. Many companies offer due diligence consulting and due diligence services so that the deal can go through and the expectations on both sides can be honoured.

Tuesday 8 August 2017

Reverse Osmosis Plants – a Boon in Today’s Times

Introduction
A reverse osmosis plant is actually a plant that deionises water through the principle of reverse osmosis. Many of you might find the term difficult to understand, but the basics of the process are really simple to comprehend. Reverse osmosis utilizes water pressure and semi-permeable membranes to remove contaminants from drinking water and provide pure and clear water.

The principle of osmosis
However, before full understanding the process of reverse osmosis, it is necessary to understand the process of osmosis. This is a naturally occurring phenomenon, wherein a weaker saline solution tends to migrate to a strong saline solution as is in the case of plant roots which absorb water from the soil and human kidneys which absorb water from blood. This is based on the natural principle that a less concentrated solution has a natural tendency to migrate to a solution that has a higher concentration.

Reverse Osmosis
Reverse osmosis is the process of osmosis that happens in reverse. In this case, energy is applied to the more saline solution to allow water to pass through but not dissolved salts, chemicals, bacteria, and other pryogens. Thus, by pushing the water through the reverse osmosis membrane with the help of pressure higher than the natural osmotic pressure, reverse osmosis is achieved.

Reverse Osmosis Plant
A reverse osmosis plant consists of a high pressure pump to increase the pressure on the salt side of the RO membrane and force water across the RO membrane. This leaves behind around 95% to 99% of salts, organic particles, colloids, etc. in the reject stream. If the salt concentration of the feed water is higher, greater pressure will be required to overcome the osmotic pressure. The desalinated water which is demineralised is called the permeate or the product water, while the water that did not pass through the RO membrane is called the reject or concentrate stream.

A reverse osmosis plant actually consists of several components. These include a pre-filter, a post filter, RO membrane, and a storage tank. The pre-filter accepts piped city water or well water and filters out all the sediment and contaminants that can cause harm. However, the membrane does the actual filtering work. This is a semi-permeable membrane, which means that particles above a certain molecular size cannot pass through it. Thus water molecules can pass through the membrane but larger particles such as contaminants and others cannot pass through it. Once the water is filtered by the membrane, it is conveyed to the storage tank that stores the water. Any particles that remain at this stage are filtered out by the post filter. Thus, routine maintenance of the RO plant is necessary.

Reverse Osmosis Benefits
Today, many water sources have become polluted. This pollution is caused due to pollutants like chemicals, fertilizers, industrial waste, and household contaminants that can seep into rivers and other water sources. Clean water can be obtained through various means which require external intervention. For example, one can add chlorine to water for purification, but it leaves a bitter taste in the mouth. However, reverse osmosis does not require the addition of any chemical and is essentially a superior technology than others.

Wednesday 2 August 2017

Turn Waste Into Wonders

Biogas is a gas produced by anaerobic digestion of organic matter. Biogas is produced when waste such as sewage waste, kitchen waste, agricultural waste is treated.
Design of biogas plants
Various designs of biohazard plant are used in different places. Biohazard plant design can be basically divided into categories according to the scale for which it is being built. These can be-
1. Small scale plant design - for domestic and household purposes.
2. Community plant design - village sized or even complexed designs
3. Large scale plant design - for large scale agricultural or commercial use.
The basic purpose of biogas plant is to convert waste into biogas. Biogas plant design must utilize latest technologies and use appropriate tools. Biogas plant design can be customized according to the needs of the user. It must be economically viable. It must comply with various Norms that are provided by regulatory authorities. Designs are mostly based on two concepts -
1- Floating Drum biogas plant
2- Underground Dome plant
In order to design a biogas plant it is needed that those biogas requirements are known. This will make sure that gas is produced continuously without interruption.
Raw material required also is important for customizing biogas plant design.
Digester is designed from masonry in a hole in the ground. A bacterium is used to decompose the waste material to convert it into methane, carbon monoxide, nitrogen and hydrogen. A gas holder holds the gas after it leaves the digester. It is thus influenced by the digester ‘design. In the slurry mixing tank water is mixed with water and fed to the digester. The outlet tank takes the slurry to the field or slurry pit.
Advantages of a biogas
Biogas advantages are many. It is beneficial for the environment since any biodegradable waste can be used. Biogas plants lower the methane emissions as it traps the harmful gases. Then it is used as fuel. Water borne diseases are also reduced. 
Role of biogas in today's time has gained a lot of significance.
- Biogas can help reduce cost of cooking fuel significantly. It helps replace firewood, charcoal and kerosene.
-Cooking using biogas is much easy and fast. It does not take much time to heat up the biogas stove.
-Biogas is easy and clean. It protects from the danger of indoor air pollution.
-Biogas converts household waste or manure into gas for cooking and lighting. Thus it advantages include waste management. This helps in maintaining hygiene.
-Biogas helps to reduce use of firewood thus reduces deforestation and reduces greenhouse gas emissions. This is because biogas is a renewable source of energy. This has positive effect on climate and environment. It is non-polluting.
Other biogas advantages include
- It helps in creating jobs at rural level.
- Use of biogas protects women and children from exposure to smoke in kiiand thus help improve health conditions.
- Use of biogas can even replace chemical fertilizer.
- It can serve as decentralized source of power generation.
- Technology is cheaper and simpler than other bio fuels.