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In January 1993, the Mobile Tencel plant reached full production levels of 20,000 tons per year, by which time Courtaulds had spent £100 million and 10 years on Tencel development. Tencel revenues for 1993 were estimated as likely to be £50 million. A second plant in Mobile was planned. By 2004, production had quadrupled to 80,000 tons.
The discount rates typically applied to different types of companies show significant differences: Start-ups seeking money: 50–100%; Early start-ups: 40–60%; Late start-ups: 30–50%; Mature companies: 10–25%; The higher discount rate for start-ups reflects the various disadvantages they face, compared to established companies:
After 50 years, during which solid-state electronic components have largely displaced the vacuum tube, the photomultiplier remains a unique and important optoelectronic component. Perhaps its most useful quality is that it acts, electronically, as a nearly perfect current source , owing to the high voltage utilized in extracting the tiny ...
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