Technical Support Cost
Technical support costs are service costs associated with promoting and supporting technical grades. These costs are particularly applicable to polymer production to allow the producer to fine tune his production to the needs of his customers.
Techno Economics
Techno-economics is the term used to describe a technical-economic analysis of the cost competitiveness of a petrochemical plant. It combines a mass and energy balance with market price information to calculate the variable cost of production, then adds direct and indirect fixed costs to compute the production cash cost.
Tons
We refer to metric tons when we use the term "tons" in our reports. This mass is equivalent to 2204.6 pounds.
Typical Plant
A typical plant is used for products that do not have sufficient operations in a given region to be able to reasonably define leader and laggard plant scales.