• The Journal of Asian Finance, Economics and Business
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• v.8 no.1
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• pp.71-79
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• 2021

This study investigates the capital structure policy among Indonesian public companies. Previous studies suggest that capital structure policy could follow either static or dynamic behavior. The sample data used in this study was companies in the manufacturing sector, divided into three sub-sectors: the basic and chemical industry, miscellaneous industry, and the consumer goods industry. This study uses panel data from 2010 to 2018, with the Generalized Least Square (GLS) method and compared whether the fixed effect model is better than the common effect model. The results show that the dynamic and non-linear model tests can explain the capital structure determinants than the static and linear models. The dynamic model shows that the capital structure of a certain year is influenced by the capital structure of the previous year. The findings indicate that the company performs some adjustments in its capital structure policy by referring to the previous debt ratio, which implies support to the trade-off theory (TOT). The study also shows that profitability, tangible assets, size, and age explain the variation of capital structure policy. The patterns on the dynamic and non-linear confirm that capital structure runs in a nonlinear pattern, based on the sector, company condition, and the dynamic environment.

• Korean Journal of Food Science and Technology
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• v.44 no.2
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• pp.155-161
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• 2012

The goal of this study was to investigate the chemical and microbiological characteristics of kimchi products distributed in Japan (5 brands, J-products) and Korea (2 brands, K-products). When their average analyses were compared, J-products showed higher values in pH, total sugar and acetic acid contents, while K-products showed higher values in number of lactic acid bacteria, sugar alcohol and lactic acid contents including textural hardness or chewiness. In addition, the analysis showed great variation in composition levels regarding pH, total sugar and acetic acid contents of J-products, and this fact revealed that different manufacturing processes are being attempted in Japan. Interestingly, some J-products had high concentrations of acetic acid with little mannitol, as this result implies that some manufacturers in Japan produce kimchi by adding acetic acid or lactic acid to control the rate of lactic acid fermentation. The result of this study elucidates the Japanese consumer's taste preference as well as the manufacturing processes in Japanese companies.

• Journal of the Korean Institute of Gas
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• v.16 no.6
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• pp.80-86
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• 2012

From 1982, the Korean Ministry of Employment and Labor has executed the risk assessment regulation for manufacturing industries. When a manufacturing company install, transfer, or modify the major facilities, the program inspects and verifies safety of the working place to ensure safety against risks. This study performed cost-benefit analysis of the program for the eight industrial categories that were free from the program. The cost-benefit analysis is the basic method to estimate the effect of the policy execution, and used to justify the policy effectiveness. As a result, there is the biggest benefit in the manufacture of basic metal products and then motor vehicles, trailers and semitrailers, other manufacturing, other machinery and equipment, wood products of wood and cork, rubber and plastic products, food products, furniture in order. Thus the hazard prevention program should be applied into the 8 industrial categories in order to strengthen national competitiveness, protect labors's safety, reduce the social cost and improve the welfare.

• Journal of the Korean Society for Precision Engineering
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• v.29 no.11
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• pp.1178-1182
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• 2012

The organic linings at flue gas desulfurization systems (FGD system) in power plant have the excellent chemical properties but, lose the anticorrosive properties according to the aging with environment conditions. The properties of the organic linings depend on the manufacturing company. Therefore, the basic properties of organic linings for the preestimate of life time should be examined by conducting the aging and the bond strength test according to temperature. The pre-aging samples were compared with the post-aging samples. The temperature conditions of the aging process were 70, 150 and $200^{\circ}C$. The bond strength was calculated and the cross sections of fracture surface were examined by optical microscope and SEM. The $T_g$ was examined by DSC, DTA and TGA.

• Korean Chemical Engineering Research
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• v.44 no.2
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• pp.136-148
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• 2006

A foundry makes various machinery parts made by iron. For manufacturing machinery parts, they usually uses wooden mold with molding sand and pour the molten iron into wooden mold through inlet. A foundry have many processes including Furan process, In Furan process workers prepares a wooden mold in the molding sand. So they fixes wooden mold in sand housing and then they fill the molding sand in the sand housing. Molding sand should be sticky enough to sustain the shape of wooden mold, so several materials are needed to prepare the suitable molding sand. The first step of Furan process is making the molding sand with molding sand and Voltaic Organic Compounds (VOC) and the second step of Furan process is pour the molding sand into the wooden molding housing. This two step of process generated noxious VOC and various size of dust. So the process is very dirty and dangerous one. Because of these, Workers frequently shrink out of the plant. The company related with foundry usually faced on the difficult situation for engagement and always have shortage of hiring problem. Through this study, we developed a system which removes toxic VOC and dust simultaneously. We design and construct real system and install it at real plant. Before setting up this system, the working surroundings VOC (for formaldehyde) 15 ppm and Dust(for $PM_{10}$) $8,000{\mu}g/m^3$. After setting up this system, working surroundings is improved by VOC (for formaldehyde) 0 ppm, Dust(for $PM_{10}$) $4{\mu}g/m^3$, and the work evasion factor is removed. So we contribute to solve hiring problem of this company and increasing the productivity also.

• Journal of Korean Society of Environmental Engineers
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• v.22 no.5
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• pp.819-825
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• 2000

The physico-chemical characteristics and the combustion activities of a waste automotive catalyst were carried out in this study. The physico-chemical characteristics of waste automotive catalyst was examined by EA(Elemental analysis), ICP-AES (Inductively coupled plasma-atomic emission spectrophotometer), and XRD(X-ray diffraction) analysis. Carbon deposit amount was higher in front brick than rear brick of catalyst, and increased with mileage. The content of Pt. Pd and Rh in waste automotive catalyst was different from the car manufacturing company. The combustion activities of waste automotive catalyst were investigated for acetaldehyde as a model VOC in a fixed bed reactor at atmospheric pressure. The catalytic activity of rear brick for acetaldehyde combustion was better than front brick of waste automotive catalyst. The catalytic activity of waste automotive catalyst for acetaldehyde combustion decreased with mileage. The linear relationship between catalytic activity and mileage was negative and has a very excellent correlation. Finally, the waste automotive catalyst has a good catalytic activity for acetaldehyde combustion. and can be used to control of small emission source.

• Journal of Korean Society of Environmental Engineers
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• v.33 no.11
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• pp.855-859
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• 2011

The main pollutants from zirconium alloy tubing manufacturing process in nuclear industry are nitrate ($NO_3-N$) and fluoride (F-)Nitric acid, and hydrofluoric acid is used for acid pickling. The process for the removal of nitrate and fluoride is composed of 1st chemical coagulation, SOD (Sulfur Oxidation Denitrification) process using sulfur-oxidizing denitrification, and 2nd chemical coagulation. The characteristic of the wastewater treatment is an application of SOD process. The SOD Process is highly received attention because it is significantly different from existing processes for sulfur denitrification. A JSC (JeonTech-Sulfur- Calcium) Pellet is unification of sulfur and alkalinity material. According to result of SOD process in wastewater treatment plant, the removal efficiency of T-N was over 91% and the average concentration of T-N from influent was 147.55 mg T-N/L and that from effluent was 12.72 mg T-N/L. Therefore, SOD process is a useful to remove nitrogen from inorganic industrial wastewater and a new development of microbial activator was shown to be stable for activation of autotrophic bacteria.

• Clean Technology
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• v.24 no.4
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• pp.269-274
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• 2018

In this study, Life Cycle Assessment (LCA) of wet tissue manufacturing process was performed. The wet tissue manufacturing process consists of preparation of wetting agent (chemical liquid), impregnation of nonwoven fabric into wetting agent and primary and secondary packaging. Data and information were collected on the input and output of the actual process from a certain company and the database of the Korea Ministry of Environment and some foreign countries (when Korean unavailable) were employed to connect the upper and the lower process flow. Based on the above and the potential environmental impacts of the wet tissue manufacturing process were calculated. As a result of the characterization, Ozone Layer Depletion (OD) is 3.46.E-06 kg $CFC_{11}$, Acidification (AD) is 5.11.E-01 kg $SO_2$, Abiotic Resource Depletion (ARD) is $3.52.E+00\;1yr^{-1}$, Global Warming (GW) is 1.04.E+02 kg $CO_2$, Eutrophication (EUT) is 2.31.E-02 kg ${PO_4}^{3-}$, Photochemical Oxide Creation (POC) was 2.22.E-02 kg $C_2H_4$, Human Toxicity (HT) was 1.55.E+00 kg 1,4 DCB and Terrestrial Ecotoxicity (ET) was 5.82.E-04 kg 1,4 DCB. In order to reduce the environmental impact of the manufacturing process, it is necessary to improve the overall process as other general cases and change the raw materials including packaging materials with less environmental impact. Conclusively, the energy consumed in the manufacturing process has emerged as a major issue, and this needs to be reconsidered other options such as alternative energy. Therefore, it is recommended that a process system should be redesigned to improve energy efficiency and to change to an energy source with lower environmental impact. Due to the nature of LCA, the final results of this study can be varied to some extent depending on the type of LCI DB employed and may not represent of all wet tissue manufacturing processes in the current industry.

• Journal of Environmental Health Sciences
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• v.43 no.5
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• pp.349-359
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• 2017

The objective of this study is to review the safety and health information displayed on containers of humidifier disinfectants (HD). We summarized not only general characteristics related to the marketing and manufacturing of HD, such as the duration sold and the name of the company, but also the safety and health information, such as identification of disinfectants, recommended use volume, and precautions. All of this information was reviewed by HD brand. We collected safety and health information from 31 HD brands. We found that companies that sold and manufactured HD brands differ. Two companies were found to sell their HD without permission after 2011 when the health effects caused by HD were widely known. The name of the disinfectants were not identified on the container of HD. The recommended volumes were found not to be based on toxicological evidence and set without consideration of the level of susceptibility of users. Most companies displayed phrases such "this HD is safe for humans, even children" on the front of the container. No inhalation and skin toxicity precautions were provided. In conclusion, most HD did not properly display information related to safety and health to protect the health of HD users. There has been no official investigation to evaluate the risks posed by HD, such as the sales volume by HD, identification of chemical disinfectants, or their concentration, nor have there been actions to control the chemical quality of HD. In addition, government actions to punish the malicious practices of companies that manufactured and sold HD were found to inappropriate.

• Journal of Environmental Science International
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• v.18 no.5
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• pp.509-515
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• 2009

The aim of this study is investigated greenhouse gas emissions of glass industry, and when calculates greenhouse gas emission, using formula(Tier 3) advising in IPCC(Intergovernmental Panel on Climate Change) and using self designed formula(Tier 3+) authors of this study. Studied to propose calculation formula that can compare these two calculation results and apply to domestic. Formula of Tier 3 calculated to theoretical composition of carbonate material, And Formula of Tier 3+ calculated on the basis of chemical substance formation table that get from glass manufacture company(The S company). As a result, Dolomite, Soda ash, Limestone, Industrial Barium carbonate is calculated value of Tier 3+ lower than value of Tier 3, And Industrial Potassium carbonate, Industrial Strontium carbonate was calculated value of Tier 3 lower than value of Tier 3. This study finding, formula of Tier 3+ has higher confidence than formula of Tier 3 when consider revision about purity of injection raw material. And hereafter, When calculate greenhouse gas emissions about nonmetallic mineral industry, use of Tier 3+ is considered that should be encouraged.