By CCPS (Center for Chemical Process Safety)
It is vital for technique security pros to pay attention to most sensible practices for publish merger integration at any point. A compilation of top practices from either technical and monetary views, this publication offers a unmarried reference that addresses acquisitions and merger integration concerns on the topic of technique safeguard. shortly, there are restricted references on tips to deal with acquisitions in numerous various CCPS guides and virtually no assurance of the post-merger integration factor, so this reference fills a awesome hole within the coverage.Content:
Chapter 1 an outline of technique safeguard (pages 27–45):
Chapter 2 The Merger and Acquisition procedure (pages 47–62):
Chapter three Screening capability applicants (pages 63–75):
Chapter four The Due Diligence part (pages 77–115):
Chapter five constructing the mixing Plan (pages 117–152):
Chapter 6 enforcing the mixing Plan (pages 153–183):
Chapter 7 M&A sooner or later (pages 185–192):
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Extra info for Guidelines for Acquisition Evaluation and Post Merger Integration
European countries, Asia, the United States as well as many other countries have developed high hazard chemical lists. The chemicals on those lists are selected for a variety of reasons. Factors considered in developing various high hazard lists include: • • • • Inherent toxicity, for example - chlorine and anhydrous ammonia; Flammability, for example - ethanol, methanol or butane; Reactivity, for example - peracetic acid; Environmental impact, for example - chloroform; There are even lists of highly hazardous substances, based on the potential for a chemical or substance to be used as a weapon for terrorists or sabotage.
On the other hand where there is a low level of agreement on these points the research suggests a top-down approach would be more successful. Which approach you wish to take should be actively discussed with the senior management integration team. It may well be they have decided on a general approach to integrating other programs, systems, etc. that could put your approach at tension with the one they have adopted. 22 GL ACQUISITION EVALUATION & POST MERGER INTEGRATION When working through the integration process, a point to remember is that other parts of the organization, the systems, the human resources, the culture, etc.
Each stage of the process must be considered to identify all highly hazardous substances handled in a process. Each facility, which handles highly hazardous chemicals (HHCs) should have an understanding of which items are covered by process safety or major hazard accident regulations as well as any applicable industry codes and standards. Table 1 provides a summary of international process safety related standards, codes, and regulations. While extensive it is not an exhaustive or all-inclusive list of relevant codes, standards and practices.