However, the up gradation in the government rules and regulations about the quality of the plastics used, a possibility of reaction between the concentrated chemical utilized in the bottle with the material of the bottle, availability of different types of bottles and ease of reusability of the bottles affect the demand for the pistol grip sprayer market.
The company has allocated the engineering, procurement and construction job to its facilities in Qingdao in Shandong province.
Lastly, and with positive impact for the entire business, was last week’s news that President Trump signed executive orders to speed up oil and gas projects, including pushing the Federal Railroad Administration to alter the rules to allow the shipment of liquefied natural gas by rail. Not only do these executive orders benefit existing aspects of our business, they would further support our small-scale LNG efforts.Shipment of LNG by rail in United States has been a topic for many years and we are prepared to move quickly to take advantage of such a regulatory change. Specifically, we have equipment immediately available for this application, which will be sold under our trademark GBR, Gas By Rail brand. We currently have two active proposals for liquid ethylene railcars, with 2014 being the last time we built and sold these cars. We also believe the railcars will create demand for pump-based loading and unloading skids and stationary storage tanks at delivery points.
To boost hydropower generation, the government approved a slew of measures including providing renewable energy status for large hydel projects and new funding provisions. Earlier, hydro projects up to 25 MW capacity were considered as renewables and were eligible for various incentives like financial assistance and cheaper credit. With the government’s decision, hydro projects above 25 MW can also avail the benefits. The Cabinet decision has also paved the way for adding hydro capacities of about 45 GW to the renewable energy basket of existing 74 GW which includes solar, wind and small hydro. India is aiming 175 GW of renewable energy by 2022. With addition of large hydro to clean energy segment, India is poised to have 225 GW of renewable energy by 2022. With the new measures, large hydro projects would be allowed back loading (reducing) of tariff after increasing project life to 40 years, increasing debt repayment period to 18 years and introducing escalating tariff of 2 percent. At present, hydropower tariff is expensive than other sources. These measure would help rationalise the tariff by hydro power projects.
On the basis of application, the market has been divided as spraying, crop scouting, field mapping and others. Spraying is one of the dominated application globally. Countries around the globe are increasingly using drones for spraying crop, pesticides on the farming filed. Application including field monitoring and crop scouting is expected to gain momentum in coming three to four year when framers across the globe will become familiar with drones and their capabilities.
When surrounding these plants with a surface mulch, whether it’s chips or rock, keep this mulch a few inches away from the stems so they don’t stay wet. The first year after planting is a critical year for plant establishment. It’s tough enough for them to get established in our desert environment. They don’t need to have the extra headache of staying alive because the stems are surrounded by a mulch they’ve never contended with before.
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Thirdly, on the inventory front, the inventory increase is primarily on account of finished goods and to some extent on raw materials. The finished goods inventory, especially on fertilizer, we had taken a strategic call to produce and hold it for the season. Compared to last year to this year, our finished goods inventory has gone up by 2.4 lakh tons. The raw material inventory is also slightly on a higher side, primarily driven by higher raw material prices and a higher ForEx rate compared to the figures of previous year. So quarter-on-quarter, it is not high but compared to last year, the raw material prices have gone up and rupee was also averaging around 65. Now it’s around 69. So both these impacts is impacting the inventory.
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“We weren’t able to make the rooms larger. The room sizes are the same they’ve always been. We would have liked to make them larger, there was just no way of affording to do that. So we tried to make the other spaces better,” Greg Ottoman, director of housing, facilities and services, said.
Construction work, completed late last year by TechnipFMC, included installation, trenching, and burial of an 11-km (6.8-mi) pipe-in-pipe production pipeline and umbilical and the installation and pull-in of the production riser and dynamic umbilical to the platform.
Thank you. Ladies and gentlemen, on behalf of Motilal Oswal Financial Services, that concludes this conference. Thank you for joining us, and you may now disconnect your lines.
Global $2.35 Bn Airport Snow & Ice Management Equipment Markets, 2016-2018 & Forecasts to 2026 | Offtake For Pipe Related Video:
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