8/12/2019 CHEMPHIL EXPORT vs CA.pdf

http://slidepdf.com/reader/full/chemphil-export-vs-capdf 1/3

!"#$%"&' #)%*+, - &$%*+, !*+%*+.,&*/ 01 2*/3.'#4

21+1 /51 66789:‐9;< =>?>@A>B 67< 6;;C D 21+1 /51 6699;8<

=>?>@A>B 67< 6;;C

E.!,4F =GH>IJ?K LHM 2LB?JL NJO>M L ?5@POLJHI N5B

M>?OLBLI5BG B>OJ>N LHMQ5B JHRSH?IJ5H LTLJHKI %&4*< U%&< 'U%<

%!& ULHV LHM +!U! 5B IW> ?5HK5BIJS@ XJIW IW> +,! 5N

$LVLIJ< K>>VJHT RSMJ?JLO M>?OLBLIJ5H< ?5HKIBS?IJ5H LHM

JHI>BPB>ILIJ5H 5N IW> 0LOJMJIG 5N IW> KSB>IG LTB>>@>HI IWLI

=GH>IJ?K LHM 2LB?JL >HI>B>M JHI5 XJIW IW> ?5HK5BIJS@ LHM I5

P>BP>ISLOOG >HR5JH IW> OLII>B NB5@ ?OLJ@JHT< ?5OO>?IJHT LHM

>HN5B?JHT LHG PSBP5BI>M 5AOJTLIJ5HK XWJ?W =GH>IJ?K LHM

2LB?JL @JTWI WL0> SHM>BILV>H JH IW> LTB>>@>HI14>0>H @5HIWK OLI>B< =GH>IJ?K< 2LB?JL LHM $LIBJY

$LHLT>@>HI NJO>M L ?5@POLJHI N5B M>?OLBLI5BG B>OJ>N LHMQ5B

JHRSH?IJ5H LTLJHKI 4>?SBJIG ULHV - ,BSKI !51 ,W> ?5SBI

TBLHI>M 4U,!ZK PBLG>B N5B IW> JKKSLH?> 5N L XBJI 5N PB>OJ@JHLBG

LIIL?W@>HI< XW>B> L H5IJ?> 5N TLBHJKW@>HI 5H IW> KWLB>K 5N

2LB?JL JH !W>@PWJO XLK K>B0>M 5H !W>@PWJO1 "5X>0>B< IWJK

XBJI XLK IW>B>LNI>B OJNI>M< LHM IW>H B>JHKILI>M1

&H IW> @>LHIJ@>< IW> ?5SBI M>HJ>M IW> LPPOJ?LIJ5H 5N=GH>IJ?K LHM 2LB?JL N5B PB>OJ@JHLBG JHRSH?IJ5H LHM JHKI>LM

TBLHI>M IW> ?5HK5BIJS@ZK PBLG>B N5B L ?5HK5OJMLI>M XBJI 5N

PB>OJ@JHLBG LIIL?W@>HI [?LK> :C7\]1 ,W> TLBHJKW@>HI N5B IWJK

LIIL?W@>HI XLK /*, LHH5ILI>M JH !W>@PWJOZK KI5?V LHM

IBLHKN>B A55V1 $5IJ5H I5 MJK@JKK XLK NJO>M AG %!& ULHV^

TBLHI>M1 $+ NJO>M AG ?5HK5BIJS@^M>HJ>M1

=SBJHT IW> P>HM>H?G 5N IW> LPP>LO< L ?5@PB5@JK> LTB>>@>HI

XLK >HI>B>M JHI5 A>IX>>H 2LB?JL LHM IW> ?5HK5BIJS@1&H 6;::< 2LB?JL SHM>B L =>>M 5N 4LO> IBLHKN>BB>M I5 E>BB5

!W>@J?LOK [E!&] IW> MJKPSI>M KWLB>K LHM 5IW>B PB5P>BIJ>K N5B

%\;$1 &I XLK LTB>>M IWLI PLBI 5N IW> PSB?WLK> PBJ?> KWLOO

A> PLJM I5 4>?SBJIG ULHV N5B XWLI>0>B RSMT@>HI ?B>MJIK JI

@LG A> LMRSMT>M LTLJHKI 2LB?JL1

8/12/2019 CHEMPHIL EXPORT vs CA.pdf

http://slidepdf.com/reader/full/chemphil-export-vs-capdf 2/3

E!& JKKS>M L ?W>?V^B>NSK>M AG 4>?SBJIG ULHV A>?LSK> JI XLK

JHKSNNJ?J>HI I5 ?50>B IW> M>AI1

E!& LKKJTH>M 8$ KWLB>K JH !W>@PWJO I5 !#&!1

2LB?JL NLJO>M I5 ?5@POG XJIW IW> ?5@PB5@JK> LTB>>@>HI^

?5HK5BIJS@ NJO>M L @5IJ5H N5B >Y>?SIJ5H^TBLHI>M AG IW> ?5SBI12LB?JLZK PB5P>BIJ>K X>B> O>0J>M SP5H 5H >Y>?SIJ5H X>B> WJK

61\$ KWLB>K JH !W>@PWJO PB>0J5SKOG TLBHJKW>M1 ,W> ?5HK5BIJS@

L?_SJB>M IW> MJKPSI>M KWLB>K 5N KI5?V JH IW> PSAOJ? KLO>

?5HMS?I>M AG IW> KW>BJNN N5B %:C$1

!#&! NJO>M L @5IJ5H I5 JHI>B0>H> KLGJHT IWLI JI JK IW> 5XH>B 5N

IW> KWLB>M^TBLHI>M AG IW> ?5SBI< ASI OJ@JI>M 5HOG I5 IW>

JH?JM>HIK ?50>B>M AG IW> 5BM>B1 !5HK5BIJS@ 5PP5K>M I5 !#&!ZK

@5IJ5H^IW>JB LIIL?W@>HI OJ>H 50>B IW> KWLB>K @SKI PB>0LJO50>B IW> PBJ0LI> KLO> JH NL05B 5N !#&! ?5HKJM>BJHT IWLI IW>

KWLB>K X>B> TLBHJKW>M JH IW> ?5HK5BIJS@ZK NL05B1 *H =>?>@A>B

6;:; ,BJLO ?5SBI TBLHI>M !#&!ZK @5IJ5H LHM M>HJ>M

?5HK5BIJS@ZK1

!5HK5BIJS@ LHM %!&U NJO>M K>PLBLI> @5IJ5HK N5B

B>?5HKJM>BLIJ5H N5B IW> LN5B>KLJM 5BM>B `XWJ?W XLK M>HJ>M

[$LB?W 6;;a]1 !5HK5BIJS@ LPP>LO>M I5 IW> !. LHM %!&U

K>PLBLI>OG NJO>M I5 IW> KL@> ?5SBI P>IJIJ5H N5B ?>BIJ5BLBJ<PB5WJAJIJ5H LHM @LHML@SK XJIW L PBLG>B N5B IW> JKKSLH?> 5N

IW> XBJI 5N PB>OJ@JHLBG JHRSH?IJ5H< OJV>XJK> LKKLJOJHT IW> 0>BG

KL@> 5BM>BK [MLI>M =>?>@A>B 6;:; LHM $LB?W 6;;a]1

!. B>HM>B>M M>?JKJ5H ?5HNJB@JHT IW> 5XH>BKWJP 5N !5HK5BIJS@

50>B MJKPSI>M KWLB>K LHM MJK@JKKJHT %!&UZK P>IJIJ5H N5B

?>BIJ5BLBJ 5H IW> TB5SHMK IWLI %!&U 0J5OLI>M IW> BSO> LTLJHKI

N5BS@bKW5PPJHT LHM IWLI H5 TBL0> LASK> 5N MJK?B>IJ5H XLK

?5@@JII>M AG IW> ,BJLO ?5SBI JKKSJHT IW> LKKLJO>M 5BM>BK1 %!&UNJO>M I5 IW> 4! P>IJIJ5H N5B B>0J>X1

&44c#F d*/ %!&U JK TSJOIG 5N N5BS@bKW5PPJHT1

8/12/2019 CHEMPHIL EXPORT vs CA.pdf

http://slidepdf.com/reader/full/chemphil-export-vs-capdf 3/3

+c'&/2F ,W> 4! SPW5OMK IW> M>?JKJ5H 5N IW> !. NJHMJHT %!&U

TSJOIG 5N N5BS@bKW5PPJHT1 +SO> eC 5N IW> +SO>K 5N !5SBI JK H5I

MJNNJ?SOI I5 SHM>BKILHM1 !>BIJ5BLBJ JK L0LJOLAO> 5HOG JN IW>B> JK H5

LPP>LO 5B 5IW>B POLJH< KP>>MG LHM LM>_SLI> B>@>MG JH IW>

5BMJHLBG ?5SBK> 5N OLX1 ">H?>< JH JHKIJISIJHT L K>PLBLI> P>IJIJ5HN5B ?>BIJ5BLBJ< %!&U WLK M>OJA>BLI>OG B>K5BI>M I5 N5BS@b

KW5PPJHT1 %!&U ?LHH5I WJM> A>WJHM IW> KSAI>BNST> IWLI 4!

!JB?SOLB 7:b;6 XLK H5I G>I JH N5B?> XW>H JI NJO>M IW> ?>BIJ5BLBJ

PB5?>>MJHTK JH IW> !.1 ,W> BSO> LTLJHKI N5BS@bKW5PPJHT WLK

O5HT A>>H >KILAOJKW>M1 4! !JB?SOLB 7:b;6 @>B>OG N5B@LOJf>M IW>

PB5WJAJIJ5H LHM PB50JM>M IW> LPPB5PBJLI> P>HLOIJ>K LTLJHKI

IBLHKTB>KK5BK1

E5BS@bKW5PPJHT 5B IW> L?I 5N IW> PLBIG LTLJHKI XW5@ LH

LM0>BK> RSMT@>HI WLK A>>H B>HM>B>M JH 5H> N5BS@< 5N K>>VJHT

LH5IW>B 5PJHJ5H [LHM P5KKJAOG NL05BLAO>] JH LH5IW>B N5BS@

[5IW>B IWLH AG LPP>LO 5B IW> KP>?JLO ?J0JO L?IJ5H N5B ?>BIJ5BLBJ]<

5B IW> JHKIJISIJ5H 5N IX5 [7] 5B @5B> L?IJ5HK 5B PB5?>>MJHTK

TB5SHM>M 5H IW> KL@> ?LSK> 5H IW> KSPP5KJIJ5H IWLI 5H> 5B IW>

5IW>B ?5SBI X5SOM @LV> L NL05BLAO> MJKP5KJIJ5H< WLK A>>H

?WLBL?I>BJf>M LK LH L?I 5N @LOPBL?IJ?> IWLI JK PB5WJAJI>M LHM?5HM>@H>M LK IBJNOJHT XJIW IW> !5SBIK LHM LASKJHT IW>JB

PB5?>KK>K1 &I ?5HKIJISI>K J@PB5P>B ?5HMS?I XWJ?W I>HMK I5

M>TBLM> IW> LM@JHJKIBLIJ5H 5N RSKIJ?>1 &I WLK LOK5 A>>H LPIOG

M>K?BJA>M LK M>PO5BLAO> A>?LSK> JI LMMK I5 IW> ?5HT>KIJ5H 5N

IW> LOB>LMG W>L0JOG ASBM>H>M M5?V>IK 5N IW> ?5SBIK1

E5B B>K5BIJHT N5B N5BS@bKW5PPJHT< %!&U XLK B>PBJ@LHM>M LHM

XLBH>M AG IW> 4!1