"Underpinned by an industry competitive capital intensity, the company generates a 145%-150% full-cycle return versus the industry median cash recycle ratio
of 110%-115%," he wrote in a note.
Analyst John Gerdes noted that Range shares have shed two-thirds in value since mid-January despite the fact that the company's full-cycle return is "meaningfully superior" to median cash recycle ratio
of its gas peers and its full-cycle capital intensity is second lowest to only Cabot Oil & Gas (COG).
Analysis of glycerol formed in [R.sup.2] with the recycle ratio
of 40 wt% revealed the existence of only 1 wt% of FAEE, the absence of TG, DG and MG and 5 wt% of water content and ~ 90 wt% of glycerol (analyzed using the method of Cocks and Van Rede (COCKS; VAN REDE, 1966)).
This value was arbitrarily chosen by appropriate recycle ratio
. All combustions were carried out in 20% excess of stoichiometric air.
Sony has achieved a recycle ratio
of 16.3 per cent.
An attempt is made to compare the performances of tubular loop reactors when the recycle ratio
is varied, based on steady-state and dynamic responses and on the quality of the polymer produced at different conditions.
The findings of this 24-month bench-scale research program can be summarized in four distinct parts: 1) acclimatization alternatives and optimal operating condition; 2) two-phase upflow sludge anaerobic blanket concept/process failure and maximum loading capacity; 3) system recovery using step-loading reduction approach and appropriate recycle ratio
after a complete failure; and 4) design criteria and optimal loading capacity.
By convention, recycle ratio
equals pounds of recycled material divided by pounds of material extruded.
Unhedged recycle ratio
over 2.5x based on future development costs of 40c per mcfe.
Increasing the recycle ratio
beyond the base case value has little effect on the performance of the reactors as shown in Fig.