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producing nano-titanium dioxide (nano-TiO2) is studied and a case-study has been conducted on comparative Life Cycle Assessment (LCA) of the application of these nano-TiO2 particles in the sunscreen lotion as a UV-blocker with the conventional organic chemical sunscreen lotion using GaBi software. Nano-TiO2 particles were identified in the sunscreen lotion using Transmission Electron Microscope suggesting the use of these particles in the lotion.
The LCA modeling includes the comparison of the environmental impacts of producing nano-TiO2 particles with that of conventional organic chemical UV-blockers (octocrylene and avobenzone). It also compares the environmental life cycle impacts of the two sunscreen lotions studied. TRACI 2.1 was used for the assessment of the impacts which were then normalized and weighted for the ranking of the impact categories.
Results indicate that nano-TiO2 had higher impacts on the environment than the conventional organic chemical UV-blockers (octocrylene and avobenzone). For the two sunscreen lotions studied, nano-TiO2 sunscreen variant had lower environmental life cycle impacts than its counterpart because of the other chemicals used in the formulation. In the organic chemical sunscreen variant the major impacts came from production of glycerine, ethanol, and avobenzone but in the nano-TiO2 sunscreen variant the major impacts came from the production of nano-TiO2 particles.
Analysis further signifies the trade-offs between few environmental impact categories, for example, the human toxicity impacts were more in the nano-TiO2 sunscreen variant, but the other environmental impact categories viz. fossil fuel depletion, global warming potential, eutrophication were less compared to the organic chemical sunscreen variant.
Abstract<br/>Foreign Direct Investment has been pursued to economically integrate countries and to increase economic development. This has been accomplished partly through the WTO and Free Trade Agreements (FTAs), which have spurred foreign direct investment (FDI) by removing barriers to trade tariff and nontariff. In addition, they also created a framework and legal guidelines and regulations for investment and trade. Research suggests that this is the case when looking at country level data before and after FTAs go into effect. Although the existing literature offers important insights a weakness is it does not often look at the relationship between FTAs and FDI by analyzing firm level data. This is an important relationship to be studied as, beyond governments multinational companies (MNCs) are one of few key actors that can benefit the most and have the capabilities to take advantage of these FTAs. Therefore, studying the relationship between MNCs and their investments both before and after an FTA is signed is important to see if FDI would change in response to Free Trade Agreements and have an impact at the MNC level deployment of FDI. This would be significant to see if the current steady for attracting FDI is working. This is also important as FDI helps countries develop. Therefore, it can be seen as an exceptional contribution to the overall research on the subject. In this paper I will explore how companies have reacted to the formation of FTAs as well as the distinct effects of North-South South-South and North-North Agreements on firm’s investment strategies, using firm level data and drawing on interviews with multiple trade officials.