Ilseder Hütte
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Ilseder Hütte
The Ilseder Hütte is a former ironworks in Ilsede ( district of Peine) in Lower Saxony, Germany History Funded by the bank Ephraim Meyer & Sohn. Carl Hostmann founded an Ironworks based on supposed both coal- and orefields in this area. Though there were then found no sufficient coal fields, the company, named "Bergbau und Hüttengesellschaft zu Peine" was established in 1853. This company ended in insolvency during an economical crisis in 1858. Under Fritz Hurtzig and Carl Haarmann on September  6, 1858 the "Aktiengesellschaft Ilseder Hütte" was taking over the assets, and in 1861 the production started. Despite the site's unfavorable geographical situation, the factory prospered and rapidly expanded its business. In the era of the German Empire, the company became a major player in Germany's coal and steel industry. In 1872 a rolling mill was added and in 1879 a third blast furnace started work. In 1928 the Ilseder Hütte took a 10 billion US-$ loan fr ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Steam
Steam is a substance containing water in the gas phase, and sometimes also an aerosol of liquid water droplets, or air. This may occur due to evaporation or due to boiling, where heat is applied until water reaches the enthalpy of vaporization. Steam that is saturated or superheated is invisible; however, "steam" often refers to wet steam, the visible mist or aerosol of water droplets formed as water vapor condenses. Water increases in volume by 1,700 times at standard temperature and pressure; this change in volume can be converted into mechanical work by steam engines such as reciprocating piston type engines and steam turbines, which are a sub-group of steam engines. Piston type steam engines played a central role in the Industrial Revolution and modern steam turbines are used to generate more than 80% of the world's electricity. If liquid water comes in contact with a very hot surface or depressurizes quickly below its vapor pressure, it can create a steam explosion. ...
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Blowing Engine
A blowing engine is a large stationary steam engine or internal combustion engine directly coupled to air pumping cylinders. They deliver a very large quantity of air at a pressure lower than an air compressor, but greater than a centrifugal fan. Blowing engines are majorly used to provide the air blast for furnaces, blast furnaces and other forms of smelter. Waterwheel engines The very first blowing engines were the blowing houses: bellows, driven by waterwheels. Smelters are most economically located near the source of their ore, which may not have suitable water power available nearby. There is also the risk of drought interrupting the water supply, or of expanding demand for the furnace outstripping the available water capacity. These restrictions led to the very earliest form of steam engine used for power generation rather than pumping, the water-returning engine. With this engine, a steam pump was used to raise water that in turn drove a waterwheel and thus the mac ...
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Industrial Park
An industrial park (also known as industrial estate, trading estate) is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more "heavyweight" version of a business park or office park, which has offices and light industry, rather than heavy industry. Industrial parks are notable for being relatively simple to build; they often feature speedily erected single-space steel sheds, occasionally in bright colours. Benefits Industrial parks are usually located on the edges of, or outside, the main residential area of a city, and are normally provided with good transportation access, including road and rail. One such example is the large number of industrial estates located along the River Thames in the Thames Gateway area of London. Industrial parks are usually located close to transport facilities, especially where more than one transport modes coincide, including highways, railroads, airports and ports. Another commo ...
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By-product
A by-product or byproduct is a secondary product derived from a production process, manufacturing process or chemical reaction; it is not the primary product or service being produced. A by-product can be useful and marketable or it can be considered waste: for example, bran, which is a byproduct of the milling of wheat into refined flour, is sometimes composted or burned for disposal, but in other cases, it can be used as a nutritious ingredient in human food or animal feed. Gasoline was once a byproduct of oil refining that later became a desirable commodity as motor fuel. The plastic used in plastic shopping bags also started as a by-product of oil refining. In economics In the context of production, a by-product is the "output from a joint production process that is minor in quantity and/or net realizable value (NRV) when compared with the main products". Because they are deemed to have no influence on reported financial results, by-products do not receive allocations of ...
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Power Plant
A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the generation of electric power. Power stations are generally connected to an electrical grid. Many power stations contain one or more generators, a rotating machine that converts mechanical power into three-phase electric power. The relative motion between a magnetic field and a conductor creates an electric current. The energy source harnessed to turn the generator varies widely. Most power stations in the world burn fossil fuels such as coal, oil, and natural gas to generate electricity. Low-carbon power sources include nuclear power, and an increasing use of renewables such as solar, wind, geothermal, and hydroelectric. History In early 1871 Belgian inventor Zénobe Gramme invented a generator powerful enough to produce power on a commercial scale for industry. In 1878, a hydroelectric power station was designed and built by Wil ...
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Coking Plant
Coke is a grey, hard, and porous coal-based fuel with a high carbon content and few impurities, made by heating coal or oil in the absence of air—a destructive distillation process. It is an important industrial product, used mainly in iron ore smelting, but also as a fuel in stoves and forges when air pollution is a concern. The unqualified term "coke" usually refers to the product derived from low-ash and low-sulphur bituminous coal by a process called coking. A similar product called petroleum coke, or pet coke, is obtained from crude oil in oil refineries. Coke may also be formed naturally by geologic processes.B. Kwiecińska and H. I. Petersen (2004): "Graphite, semi-graphite, natural coke, and natural char classification — ICCP system". ''International Journal of Coal Geology'', volume 57, issue 2, pages 99-116. History China Historical sources dating to the 4th century describe the production of coke in ancient China. The Chinese first used coke for heating and c ...
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Production (economics)
Production is the process of combining various inputs, both material (such as metal, wood, glass, or plastics) and immaterial (such as plans, or knowledge) in order to create output. Ideally this output will be a good or service which has value and contributes to the utility of individuals. The area of economics that focuses on production is called production theory, and it is closely related to the consumption (or consumer) theory of economics. The production process and output directly result from productively utilising the original inputs (or factors of production). Known as primary producer goods or services, land, labour, and capital are deemed the three fundamental production factors. These primary inputs are not significantly altered in the output process, nor do they become a whole component in the product. Under classical economics, materials and energy are categorised as secondary factors as they are byproducts of land, labour and capital. Delving further, primary factor ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Industrial Sector
In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction. This sector generally takes the output of the primary sector (i.e. raw materials) and creates finished goods suitable for sale to domestic businesses or consumers and for export (via distribution through the tertiary sector). Many of these industries consume large quantities of energy, require factories and use machinery; they are often classified as light or heavy based on such quantities. This also produces waste materials and waste heat that may cause environmental problems or pollution (see negative externalities). Examples include textile production, car manufacturing, and handicraft. Manufacturing is an important activity in promoting economic growth and development. Nations that export manufactured products tend to generate h ...
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TUI Group
TUI Group is a German leisure, travel and tourism company. TUI is an acronym for ''Touristik Union International'' ("Tourism Union International"). TUI AG was known as Preussag AG until 1997 when the company changed its activities from mining to tourism. It is headquartered in Hanover, Germany. It fully or partially owns several travel agencies, hotel chains, cruise lines and retail shops as well as five European airlines. The group owns the largest holiday aeroplane fleet in Europe and holds multiple European tour operators. It is trading as TUI AG jointly listed on the Frankfurt Stock Exchange and the London Stock Exchange as a constituent of the FTSE 250 Index. History The origins of the company lie in the industrial and transportation company Preussag AG, which was originally formed as a German mining company. It was incorporated on 9 October 1923, as ''Preußische Bergwerks- und Hütten-Aktiengesellschaft'' (Prussian Mine and Foundry Company). In 1927 it was merged with ...
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