Despite of Australian Gas Manufacturing industry’s internal focus and low levels of international trade, it is still categorised by its global nature. Australian exports of liquefied natural gas (LNG) are expected to pick up eventually which was observed in response to high demand in Asian countries for LNG. The fact that Australian Gas Manufacturing industry is dominated by a number of European and US-based global players, such as Linde AG (Germany), Air Liquide SA (France), Air Products & Chemicals and Praxair (US). These industries occupy two-thirds of total global industry sales.
The major commercial scale gas manufacturers in Australia are all subsidiaries or members of this global group. In order of size they are
1. BOC Gases Australia
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Linde Gas Pty Ltd : owned by Linde AG which is now referred to as Coregas, with 10% of the market share. Linde has set itself the target of becoming the leading gases and engineering company in the world. "Clean Technology" from Linde offers innovative solutions that are just right for this. They use technologies which make a contribution to tackling societal challenges such as energy security, environmentally friendly mobility and demographic change. Linde wants to apply the fundamental principle of sustainability to an even greater extent to drive its business operations. The Group is constantly analysing how its products help its customers develop more sustainable processes and reduced emissions It has been listed on the Dow Jones Sustainability World Index (DJSI) for the fourth year in a row. Linde’s sustainability performance change thus continues to rank in the top 10% of its industry. In all, twenty categories in the areas of economic, environmental and social performance were assessed, with such as customer focus, innovation management and compliance coming under as much scrutiny as environment protection, product stewardship and labour practices. Linde received special recognition this year in a number of areas, in particular for its reporting on environmental and social topics. They figures the value of our products with regard to sustainability.
4. Air Liquide W.A.: operating in Western Australia with Wesfarmers Limited 10% of the market .Their special techniques
Methanex’s sole focus being the cost-leader within the methanol industry also puts them in a dangerous position. If a competitor discovers a less-costly or more efficient method of producing methanol via innovations in technology, process management techniques, or due to partnerships and joint ventures with suppliers (vertical integration), Methanex would lose their key competitive differentiator within the market and would have to reevaluate their entire competitive strategy.
Also, industry is the largest consumer of natural gas, accounting for 43 percent of natural gas
As part of its discussion of sustainability in that report, Target identified four commitments to sustainability: “sustainable living, sustainable products, smart development, and efficient operations” (Target, 2013, p 13).Sustainability is part of Target’s corporate social responsibility strategy, as demonstrated by ten of its twenty corporate social responsibility goals being bound to sustainability. Two examples of these goals are, “increase ENERGY STAR® certifications” and “reduce waste” (Target, 2015, pp 4-5). As a result, Target introduced its Sustainable Product Index in 2013 “to help establish a common language, definition, and process for qualifying what makes a product more sustainable” (Target,
In recent times, In the case of gas, prices for households and businesses are expected to increase significantly in eastern Australia, as the development of new gas export terminals leads to a tightening of supply. As the tightening of supply in the natural gas industry this result in an increase of the gas price in NSW. These increase of gas price effect on the households and business in NSW especially industrial gas users such as trade-exposed businesses. “Industrial gas users in the eastern states face ‘a doubling or tripling’of wholesale prices, with the impacts to be felt throughout the chemicals, fertilisers, food processing and other sectors”(Mark Goodsell, Australian Industry Gro...
The United States has become one of the leading producers of natural gas in the world, and now is an exporter of natural gas as well. As natural gas imports increase, the U.S. Energy Information Administration, ?Expects the United States to
Coal mining in the 1920s was extremely difficult job in which miners endured many challenges and hardships. The 1920’s safety was not on everyone’s mind. It was as if the miners were just tools to be used. The equipment the miners used was a marvel for its time, as it was just the start to a technological advancement. Miners faced hardships such as low wages, long hours, and the difficulty of the work conditions.
In economics, particularly microeconomics, demand and supply are defined as, “an economic model of price determination in a market” (Ronald 2010). The price of petrol in Australia is rising, but the demand remains the same, due to the fact that fuel is a necessity. As price rises to higher levels, demand would continue to increase, even if the supply may fall. Singapore is identified as a primary supplier ...
The company’s strongest impact and contribution to sustainability lies in the critical parts of their business which leads to the success and diversity of our associates (customers), food safety, health and nutrition, strong supply chain, environmental factors, and community/stakeholder engagement and impact of the people along with the CSR initiatives.
Michael Holder, in the article “IKEA Argues for Business to Go All-In On Sustainability,” examines how businesses nowadays need to follow the footsteps of IKEA with the method of sustainability in mind. Holder mentioned that IKEA produced “...LED lighting which improved the lifespan and energy efficiency…” of the usage of this product. Normally, IKEA produces fluorescent bulbs in which it does the opposite of LEDs. This information indicates that the original business model has changed. Not only this action is tremendous for the environment, but it helps develop more business. It gets people excited to see what the company IKEA’s business model had sold when they involved innovation and growth within sustainability. IKEA is officially cutting back on the materials that tends to be unrecyclable. Also, they are attempting to reuse waste materials into actual resources, which is an highly important aspect of the sustainable lifestyle in which what IKEA is trying to achieve with their
Stuart Hart, in a business article, discusses the tough task for companies to make a sustainable global ec...
The tremendous success that Apple has been for the efforts that they have made not only in ensuring that they produce quality products, but also in ensuring that they are socially responsible in their business model (Avetisyan and Ferrary 2013, 115-133). Apple is believed to be one of the companies that are socially responsible in the world, but has received criticism from all corners in the world (Aguinis and Glavas 2012, 932-968). The criticism has worked to the advantage of Apple since it has been able to improve in their social responsibility. The paper discusses the environmental and social performance regarding Apple and how it impacts the society and how the operations of the company should be done (Backer 2013, 805-879). Both the areas
The industry is divided into three distinct sectors including the upstream, midstream and downstream sectors. The upstream sector includes the exploration and production of crude oil as well as the exploration and production of natural gas. This sector has experienced the largest amount of deals in terms of mergers and acquisitions, which will be further discuss in section III. The midstream sector involves the transportation of extracted petroleum from the upstream sector through pipelines, rail, barge, truck as well as storage. Finally, the downstream sector connects the end consumers through derived products such as gasoline, liquefied natural gas (LPG), liquefied natural gas (LNG), kerosene (aircrafts), and diesel…
Important companies like Shell, DuPont, BP has been reorganised to generate profits from this green market of goods and services. In this sense, it may sound altruistic, "the sustainability", the logic of profitability and competition is what will determine the ability of companies of the future to meet the changing needs of consumers.
The company states, that its objective is to reduce the environmental impact of their business and to promote the sustainability of the natural resources on which they depend. They are also
The oil refinery converts crude oil into valuable products and supplies. These products are made and sent to many countries abroad, in which are transported on land or along rivers and canals. Crude oil is then arranged and categorized into segments by fractional distillation. Raw crude oil, or unprocessed crude oil, is not normally beneficial in most industrial applications. Low sulfur crude oil has been valuable as a burner fuel to construct steam for the force of seagoing vessels. The lighter elements have the ability to construct explosive and dangerous vapors in the gas tanks. There are extremely hazardous, and are often used in war ships. The remaining hydrocarbon molecules are filtered from crude oil and used towards lubricants, feedstock, plastics, and fuels.