• Proceedings of the Korean Institute of Building Construction Conference
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• 2015.05a
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• pp.158-159
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• 2015

Worldwide refinery industry is a large amount of sulfur is produced by development. what that sulfur, it is produced through the desulfurization process and sulfur recover process. And it is made with the liquid state or solid-state. Also, the trend for structure is being changed from wall construction to rhamen construction. The amount of lightweight panels uesd in rhamen construction is also increasing. Therefore, In this study, it is intended to study density and absorption rate of the blast furnace slag lightweight material by using a sulfur lowered melting point. The plain has highest density and the density is lower when adding modified sulfur more. The plain has the lowest absorption and the absorption is higher according to adding modified sulfur more.

• Mycobiology
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• v.38 no.2
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• pp.108-112
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• 2010

To investigate the possible roles of LAMMER kinase homologue, Lkh1, in Schizosaccharomyces pombe, whole proteins were extracted from wild type and lkh1-deletion mutant cells and subjected to polyacrylamide gel electrophoresis. Differentially expressed proteins were identified by tandem mass spectrometry (MS/MS) and were compared with a protein database. In whole-cell extracts, 10 proteins were up-regulated and 9 proteins were down-regulated in the mutant. In extracellular preparations, 6 proteins were up-regulated in the lkh1+ null mutant and 4 proteins successfully identified: glycolipid anchored surface precursor, $\beta$-glucosidase (Psu1), cell surface protein, glucan 1,3-$\beta$-glucosidase (Bgl2), and exo-1,3 $\beta$-glucanase (Exg1). These results suggest that Lkh1 is involved in regulating cell wall assembly.

• The Korean Journal of Financial Studies
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• v.7 no.1
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• pp.171-195
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• 2001

본 연구의 목적은 실물옵션이론을 바탕으로 정유회사의 가치평가기법을 제공하는 것이다. 정유회사는 가치평가를 위해서 회계적 가치외에 관리적 유연성(managerial flexibility)을 고려해야 하기 때문에 기존의 DCF방법을 적용하기 보다는 실물옵션방법을 이용하여야 한다. 관리적 유연성은 회사관리자가 적용가능한 생산관리적 기법으로서 회사의 미래현금흐름에 영향을 주고 따라서 회사의 가치에 영향을 미친다. DCF방법은 이러한 관리적 유연성을 적절히 고려하지 못하여 회사의 가치를 저평가하는 오류를 발생시킨다. 반면 실물옵션방법은 관리적 유연성을 가치평가에 있어서 주요 변수를 인식하기 때문에 정확한 가치평가의 수단이 된다. 옵션가격결정을 위한 기초자산은 크랙스프레드(crack Spread)이다. 크랙스프레드는 경유(heating oil)와 무연휘발유(unleaded gasoline)의 가격과 원유(crude oil) 가격의 차이를 나타내며 정유회사의 정유순익(gross refining margin)을 대표한다. 실물옵션방법에 의한 정유회사의 가치는 DCF방법에 의한 가치보다 두 배가 크다는 결론을 제시한다. 즉 관리적 유연성이 존재하는 회사의 경우는 가치평가에 있어서 실물옵션방법을 이용하여 가치를 저평가하는 오류를 범하지 않아야 한다.

• Journal of the Korean Institute of Navigation
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• v.23 no.4
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• pp.63-76
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• 1999

This paper aims at developing an integrated fleet management support system for industrial carriers who usually control the vessels of their own or on a time charter to minimize the cost of shipping their cargoes. The work is mainly concerned with the operational management problem of the fleet owned by a major oil company, a typical industrial carrier. The optimal fleet management problem for the major oil company can be divided into two phase problem. The front end corresponds to the production operation problem of the transportation of crude oil, the refinery operation, and the distribution of product oil to comply with the demand of the market. The back end is to tackle the fleet scheduling problem to meet the seaborne transportation demand derived from the front end. Relevant optimization models for each phase are proposed and described briefly. Then a user-friendly integrated fleet management support system is built based on the proposed optimization models for both ends under Windows environment. A case study reflecting the practices of fleet management problem for the major oil company is carried out by using the system.

• Journal of Korea Trade
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• v.23 no.2
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• pp.34-45
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• 2019

Purpose - This study investigates the lead-lag relations between the prices of major commodities imported into Korea and corresponding shipping freight rates. This paper aims to provide implications for cross-market causal relations between related economic segments. Design/Methodology - For economic long-run equilibrium between commodity prices and freights, a Johansen (1988) cointegration test is employed first. Then, Granger (1987) causality tests are performed under the vector error correction model (VECM) framework. Findings - The results indicate that the direction of causality varies by raw materials, which is attributable to different economic mechanisms in the corresponding shipping transportation sectors. In addition, the significance of causality becomes blurred during the post-2008 period. Practical Implication - Corporate managers in commodity trading, steelmaking, power generation, and oil refinery sectors can take advantage of the findings in this study as identifying leading economic indicators can be helpful for decision making in both short- and long-term strategies. Originality/value - This study is the first attempt to analyze the inter-relations between commodity prices and corresponding freight rates focusing on raw material imports of Korea.

• Journal of Institute of Convergence Technology
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• v.11 no.1
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• pp.13-18
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• 2021

It is widely accepted that the prevention of global warming requires significant reductions in greenhouse gases, particularly CO₂ emissions. Although fossil fuel-based power plants account for the majority of CO₂ emissions, it is urgent to reduce CO₂ emissions in industries that emit large amounts of CO₂ such as steel, petrochemical, and oil refining. This paper examines the current status of CO₂ emission in the domestic oil refining industry and CO₂ emission sources in each unit process in the oil refining industry. Focusing on the previously developed CO₂ capture process, cases and applicability of greenhouse gas reduction in FCC and hydrogen manufacturing processes, which are major processes constituting the oil refining industry, are reviewed.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.36 no.6
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• pp.655-662
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• 2012

Gas leakage in an oil refinery causes damage to the environment and unsafe conditions. Therefore, it is necessary to develop a technique that is able to detect the location of the leakage and to filter abnormal gas-leakage signals from normal background noise. In this study, the adaptation filter of the finite impulse response (FIR) least mean squares (LMS) algorithm and a cross-correlation function were used to develop a leakage-predicting program based on LABVIEW. Nitrogen gas at a high pressure of 120 kg/$cm^2$ and the assembled equipment were used to perform experiments in a reverberant chamber. Analysis of the data from the experiments performed with various hole sizes, pressures, distances, and frequencies indicated that the background noise occurred primarily at less than 1 kHz and that the leakage signal appeared in a high-frequency region of around 16 kHz. Measurement of the noise sources in an actual oil refinery revealed that the noise frequencies of pumps and compressors, which are two typical background noise sources in a petrochemical plant, were 2 kHz and 4.5 kHz, respectively. The fact that these two signals were separated clearly made it possible to distinguish leakage signals from background noises and, in addition, to detect the location of the leakage.

• Environmental and Resource Economics Review
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• v.12 no.4
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• pp.637-661
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• 2003

This paper analyzes the impact of import liberalization of petroleum product market in 1997 on the behavior of a domestic industry, regarded as a typical oligopoly. Based on the theory of implicit cartel, two regression equations were formulated and estimated for domestic production and refinery margin using monthly data for the period from Jan. 1994 to June 2003. Estimation results show that not only did domestic production rise sharply but also the refining cost fell substantially throughout 1996 before the actual liberalization of imports, Such a response is clearly consistent with the implicit cartel theory, which suggests that once the difficulty of maintaining a cartel in the future is recognized, the cartel immediately collapses and anticipation of import liberalization can cause immediately lowering market price as well as an immediate expansion of the supply by a domestic industry. However, the significant reduction of refinery cost accompanied by a large contraction in domestic output after the actual implementation of import liberalization can be explained by the collapse of implicit cartel caused by the anticipated liberalization of imports. Thus, import liberalization in the sense of allowing entry of foreign producers into domestic market has seemed to be an effective means to weaken market power and induce more competitive conduct of domestic firms.

• Korean Journal of Environmental Agriculture
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• v.4 no.2
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• pp.88-94
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• 1985

In order to investigate the pollution potential of soils after the construction of Onsan Industrial Complex(non-ferrous metal refineries), concentrations of hazardous heavy metals were analyzed for soil samples collected from paddy, upland, orchard and forest soils around the Complex during the period of March 1978 to May 1979. The results are summarized as follows. 1) The concentrations of heavy metals (air-dry basis) for cultivated soil samples from 46 sites were obtained in the range of trace-9.3 ppm As, trace-0.6 ppm Cd, 4${\sim}$22 ppm Cu, trace-0.37 ppm Hg, 6${\sim}$43 ppm Pb and 27${\sim}$93 ppm Zn, which were regarded as non-polluted when compared with the whole Korea data for non-polluted paddy soils. 2) When the heavy metal concentrations were compared with respect to paddy, upland and orchard soils, no significant difference was observed in As, Cd, Cu and Zn whereas significant difference was observed in Hg and Pb. When they were compared with respect to region surrounding the Complex, no significant difference was observed in As, Cd, Hg whereas significant difference was observed in Cu and Pb. 3) Soil samples from several sites near Korea Zinc Refinery were contaminated with Cd, Pb and Zn, due to the accidental emission during its testing operation. Any further contamination was not observed after regular operation of the Refinery.

• Journal of the Korean Geographical Society
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• v.49 no.2
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• pp.139-159
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• 2014

This study problematizes the dominance of developmental state theory and its negative influences in the field of Korean studies, in particular, dealing with the industrialization during the developmental era, 1960s~70s. As is generally known, the theory has been in a position of unchallenged authority on the industrialization experience of East Asian countries, including South Korea. However, at the same time, it has also misled us into overlooking strategic relations that had articulated the state forms at multiple scales. This study aims to reconstruct the historical contexts by the theorizing prompted by recent work on state space. I shed light on the multiscalar strategic relations that had shaped the Ulsan refinery plant as a representative state space of the South Korean industrialization during two decades after liberation. Specifically, the study illustrates the features and roles of Cold War networks and multiscalar agnets such as Nam Goong-Yeon. By identifying the plant as a result of sequential articulations between Ulsan and other scales, this study concludes by suggesting to reframing the strategic relational spaces, beyond the view of methodological nationalism, in the perspective of multiscalar approach.