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Prompt payment is a commercial discipline which requires businesses to: agree fair and reasonable payment terms with their suppliers; ensure suppliers' invoices are approved and paid within agreed terms; encourage adoption of the same practices throughout their supply chain.
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Chemical plant cost indexes are dimensionless numbers employed to updating capital cost required to erect a chemical plant from a past date to a later time, following changes in the value of money due to inflation and deflation. Since, at any given time, the number of chemical plants is insufficient to use in a preliminary or predesign estimate ...
American Chemistry Council (ACC), known as the Manufacturing Chemists' Association [2] at its founding in 1872 [3] then as the Chemical Manufacturers' Association [4] (from 1978 until 2000 [5] [6]), is an industry trade association for American chemical companies, based in Washington, D.C.
In 2012 the data from the European Chemical Industry Council shows that five European countries account for 71% of the EU's chemicals sales. These are Germany, France, the United Kingdom, Italy and the Netherlands. [23] The chemical industry has seen growth in China, India, Korea, the Middle East, South East Asia, Nigeria and Brazil.
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The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [ 1 ] into which S&P has categorized all major public companies .