Essay On Victoria Chemicals Plc


Background
 
Victoria Chemicals, a major player in the global chemical industry that supplies polypropylene, polymer that used to manufacture carpet fibers, packaging, automobile parts to the customers in Europe and the Middle East. Apart from numerous small producers, the company also receives the threats from the other seven major competitors.
 
 
 
The company owns two plants in Europe, one being Merseyside Works, England and Rotterdam Facility, Holland. Both plants were built in 1967 and are identical in scale and design. James Fawn, the Vice President and Manager of Intermediate Chemicals Group, is in charge of both plants.
 
 
 
Problems
 
In the year 2007, there is a drop in financial performance within the company. Earnings have dropped…show more content…
During this period, Merseyside Work’s customers will be buying products from its competitors as Rotterdam Facility will be functioning at its maximum capacity and it is not possible for them to satisfy the demand. To this point, Frank Greystock mentions that the loss of customers is only temporary.
 
 
 
Victoria Chemical owned tank cars that transported propylene gas from 4 refineries in England. The Transport Division that responsible for managing the tank cars, has been oversaw the movement of materials throughout the company. And therefore, the allocation of tank cars to Merseyside increased in anticipation of growth from

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