mothballing


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Mothballing

A practice in which a company keeps equipment in a factory or other production facility in working order but does not use it on a constant basis. This is useful when a company has high operating costs and it would be more expensive to use the facility. Mothballing allows the company to save its expenses and still use the facility when needed.

mothballing

see CAPACITY.
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Based on the results, we propose that the government should allow the inclusion of mothballing option in PPP contracts, reduce financing costs, and subsidize the facilities for their variable cost instead of fixed cost in elderly care PPP projects to increase the signing rate.
Saudi Aramco received a certificate for being the first company to use this mothballing and scraping process.
But Jon Bolton, managing director of Teesside Cast Products, insisted: "We've done everythingwecantokeeptheplantgoingfor as long as possible, but it's important to emphasise that mothballing is not the same as closure.
Responding to today s (28 September 2015) news that SSI is mothballing its iron and steelmaking facilities in Redcar and proposing to reduce the workforce by 1,700 people, Business Minister Anna Soubry said: Despite everyone s recent efforts to help SSI this is very sad news and a big blow for the workforce and their families.
THE first anniversary of the mothballing of Teesside Cast Products' - TCP - blast furnace will be marked this weekend with a symbolic illumination of the site in Redcar.
The EU policy he refers to (the EU Emissions Trading Scheme) has not "given" Corus any money at all, never mind "pounds 600m", and most definitely is not the reason for the mothballing.
STEELMAKER Corus is to begin the process of mothballing its huge Redcar plant, which will see the loss of up to 1,600 jobs and potential industrial action.
Corus said: "The company has today begun discussions with employees and their representatives about what can be done to mitigate the impact of mothballing the plant on the 1,920 employees.
Approximately 60% of Muskegon's workforce, 365 employees from a total of 585, will be affected by the paper machine shut down and pulp mill mothballing.
SSI had announced earlier this month it was halting production of iron and steelmaking at its Redcar blast furnace, as well as the mothballing of one of its coke ovens, raising fears about the future of steelmaking in the area.
As a consequence, the already low utilisation of the power plant will decline further and wholesale market prices are on a very low level, so RWE Generation will respond by temporarily mothballing the plant.