By CCPS (Center for Chemical Process Safety)
It can be crucial for technique protection execs to concentrate on top practices for submit merger integration at any point. A compilation of most sensible practices from either technical and monetary views, this booklet presents a unmarried reference that addresses acquisitions and merger integration matters with regards to approach safeguard. almost immediately, there are restricted references on how one can deal with acquisitions in numerous diverse CCPS courses and nearly no insurance of the post-merger integration factor, so this reference fills a striking hole within the insurance
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Extra info for Guidelines for Process Safety Acquisition Evaluation and Post Merger Integration
Information should not be created specifically for any of the above purposes. Where information is lacking, that should be addressed factually. Similarly when developing the information memorandum or the VDD Report these are to be written in as factual a manner as possible. It is important to highlight all related HSE issues or liabilities to the Seller's business team along with estimating their potential impact on the worth of the assets being considered for sale. The Seller's business team needs this information to assess fairly the various bids they will be receiving from bidders as well as any conditions a particular buyer attaches to the sale.
Production facility in Gnadenhutten, Ohio. Employees were in the process of drying granular benzoyl peroxide, which is unstable at high concentrations, when the explosion occurred. Once there is an understanding of the chemicals handled at the facility, individuals with a process safety background should be added to the M&A assessment team. 38 GL ACQUISITION EVALUATION & POST MERGER INTEGRATION Table 1. S. S. S. S. EPA - Risk Management Program Regulation (40 CFR 68)16 • Clean Air Act - General Duty Requirements, Section 112(r)(l)17 • California Risk Management and Prevention Programîfi • New Jersey Toxic Catastrophe Prevention Act19 • Contra Costa County Industrial Safety Ordinance20 • Delaware Extremely Hazardous Substances Risk Management Act21 • Nevada Chemical Accident Prevention Program22 • • 1.
Reviews of documents, programs and site visits, will need to be undertaken to gather enough information to assess: • The general condition or mechanical integrity of the physical plant and equipment with a focus on the degree of compliance with any and all regulatory requirements or to a good industry standard, • Whether the skills and technical expertise are currently in place to manage a process or major hazard safety program and the degree of internal versus external support that is used to support and maintain such programs, • The state of the various management systems that are in place and form the framework for the newly acquired business or sites process or major hazard safety program, and • The culture of the management, supervisory levels and operating and maintenance staff towards actual day-to-day EXECUTIVE SUMMARY 17 adherence to or implementation of an effective process safety program.