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Book part
Publication date: 13 September 2018

Samane Maroufi, Claudia A. Echeverria, Farshid Pahlevani and Veena Sahajwalla

Every year, tens of millions of the 1.4 billion cars on the world’s roads are decommissioned. While the ferrous and other metals that constitute about 75% of a vehicle by weight…

Abstract

Every year, tens of millions of the 1.4 billion cars on the world’s roads are decommissioned. While the ferrous and other metals that constitute about 75% of a vehicle by weight can be readily and profitably recycled, the remaining mix of plastics, glass, composites, complex materials, fragments and contaminants are mainly destined for landfill as automotive shredder residue (ASR). For every car, approximately 100–200 kg of ASR is disposed of in landfill, posing a growing technical and environmental challenge worldwide. The recovery of the ASR for high-end application is the focus of this study, aiming to optimise the use of these valuable resources and minimise the extractive pressure for raw materials, a future green manufacturing, contributing towards a zero waste circular economy. As the dissolution of carbon into iron is a key step in the manufacture of iron-carbon alloys, the feasibility of utilizing the waste polymers within ASR as sources of carbon in different areas of pyrometallurgical processing was investigated. Polypropylene and rubber, in a blend with metallurgical coke, were used as carbonaceous substrates and the slag-foaming phenomenon was investigated via the sessile drop technique in an argon environment at 1,550°C. The results indicated the rubber/coke blend achieved significantly better foaming behaviour, and the PP/coke blend exhibited a moderate improvement in slag foaming, in comparison to 100% metallurgical coke. The overall results indicated the incorporation of ASR had significant improvement in foaminess behaviour, increasing furnace efficiency.

Details

Unmaking Waste in Production and Consumption: Towards the Circular Economy
Type: Book
ISBN: 978-1-78714-620-4

Keywords

Book part
Publication date: 24 November 2017

Timur Atnashev and Teimuraz Vashakmadze

To analyze internationalization patterns among large Russian multinational corporations (MNCs).

Abstract

Purpose

To analyze internationalization patterns among large Russian multinational corporations (MNCs).

Approach

Case study analysis of systematic internationalization attempts within three industries: IT, banking, and steel. For case studies, secondary data was used along with industry expert interviews.

Findings

The first finding is that Russian firms actively pursuing internationalization strategies through mergers and acquisitions (M&As) and greenfield investments were not as successful as several optimistic assessments had earlier suggested. Few global corporate champions emerged among Russian MNCs, despite a decade of record high outward foreign direct investments (OFDI). Secondly, we observed the unique trend of splitting operations between international and Russian businesses, which proved more sustainable than operating as a single firm. For example, the IBS-Luxoft group achieved success through gradual legal and organizational separation of branches in order to serve rising demand in developed markets and from its Russian business within the same industry. This double-headed strategy divides a business into two parts that are controlled by the same owners, but operate independently: one firm operates within the home market, while another firm aims to expand globally. This seems to be a typical trend, confirming recent findings for Russian small and medium enterprise (SME) internationalization and reinforcing earlier literature on institutional constraints in the Russian economy.

Research limitations

We analyzed major cases from three actively internationalizing industries. For each industry, we extensively analyzed one main case in particular. Industries’ choice also affects specific internationalization strategies.

Originality

This study identifies two distinct approaches in the literature on Russian business internationalization and attempts to combine both. We will also highlight organizational dilemmas as well as patterns in Russian businesses’ successful and failed internationalization strategies over the last decade. We identified an original double-headed internationalization strategy consisting of the separation of the national and global businesses, rather than leveraging their synergy. We will also question the established optimistic assessment of Russian MNC internationalization.

Book part
Publication date: 28 November 2019

Tom Mordue

The North East of England has entered the global bazaar in which its landscape, once pock marked by the scars of industries like coalmining, shipbuilding and steelmaking, has been…

Abstract

The North East of England has entered the global bazaar in which its landscape, once pock marked by the scars of industries like coalmining, shipbuilding and steelmaking, has been cleaned up, beautified, and it has now entered the global competition between post-industrial places for inward investment and the spoils of the ever-expanding UK tourism industry. With this, the North East’s visitor economy now generates around £3.6 billion of expenditure each year, supporting some 54,600 jobs in 2018. The visitor economy is not only important as a stand-alone sector in the North East, but is integral to the whole North East economy, and needs to be a major driver of social change and diversification within it. As the Newcastle Gateshead Initiative says: the twenty first century North East is a place of vibrancy, with a quality of life that makes it a great place to visit, live and work, study and invest – which is a strapline narrative that clearly signals how tourism is indeed both an essential and integrated part of North East life. Brexit may provide the North East tourism industry with a stronger global stage.

This chapter charts the logic of that development and asks: is it a good thing, who benefits and who loses from the sectors development. It asks whose North East are we talking about as we prepare to enter what is anticipated to be a difficult and an uncertain third decade of the twenty-first century?

Details

The North East After Brexit: Impact and Policy
Type: Book
ISBN: 978-1-83909-009-7

Keywords

Book part
Publication date: 19 November 2016

Frederick Betz

Abstract

Details

Strategic Thinking
Type: Book
ISBN: 978-1-78560-466-9

Abstract

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Innovation Africa
Type: Book
ISBN: 978-1-78560-310-5

Book part
Publication date: 30 November 2022

Annalisa Caloffi and Mauricio Serra

François Perroux was an economist of strong convictions and fruitful ideas. His belief, which was also shared by other eminent development economists of his time, that…

Abstract

François Perroux was an economist of strong convictions and fruitful ideas. His belief, which was also shared by other eminent development economists of his time, that backwardness was not a fate is entirely reflected in his development pole theory, which has a prominent place within the regional development theory. This implies that his theory was highly influential, as evidenced by the fact that strategies based on development poles were implemented around the world, in both developed and developing countries. Although these strategies took different forms, largely depending on the specific contexts in which they were applied, there was a common factor in all of them, which was the importance of the direct use of large-scale investment resources to generate the hoped-for structural changes through accelerated economic growth. Looking carefully at the Italian and Brazilian cases, it should be noted that the development pole strategies had, in addition to the use of heavy investment resources already mentioned, some common characteristics, such as: the focus of attention directed toward the backward regions, specifically the Mezzogiorno region in Italy and the Amazon region in Brazil; the fight against regional disparities within both countries through structural change and the strengthening of backward regional economies as an underlying reason; and the active participation of the State in the drawing up and implementation processes of development poles. This chapter aims at comparing the development pole strategies in Italy and Brazil, highlighting similarities and differences of these experiences in triggering the long-awaited regional development.

Details

Research in the History of Economic Thought and Methodology: Including a Symposium on the Work of François Perroux
Type: Book
ISBN: 978-1-80382-715-5

Keywords

Content available
Book part
Publication date: 26 August 2019

Robin G. Adams, Christopher L. Gilbert and Christopher G. Stobart

Abstract

Details

Modern Management in the Global Mining Industry
Type: Book
ISBN: 978-1-78973-788-2

Content available
Book part
Publication date: 13 September 2018

Abstract

Details

Unmaking Waste in Production and Consumption: Towards the Circular Economy
Type: Book
ISBN: 978-1-78714-620-4

Book part
Publication date: 30 January 2023

Cesar Saenz

Abstract

Details

Social Management Responsiveness in Business
Type: Book
ISBN: 978-1-83753-015-1

Abstract

Details

Comprehensive Strategic Management
Type: Book
ISBN: 978-1-78714-225-1

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Book part (27)
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