Large-scale industrial process for the catalytic conversion of synthesis gas into liquid hydrocarbons.
Flocculent
Inorganic metal-salt solution (aluminium ferric chloride) added to effluents to flocculate effluent constituents.
Formaldehyde
One of the most important base organic substances for the manufacture of resins, dyes and other products.
Forward exchange transaction
Special form of currency trading. Unlike spot exchange dealing, the date of conducting the transaction is fixed in advance by the contracting parties.
Free cash flow
Cash flow adjusted for capital expenditure and changes in current assets.
FREE FOR CUSTOMERS
Group-wide drive to cut administrative costs and enhance customer orientation by reducing administrative workloads and optimizing business processes.
Front-end hydrogenation
Selective conversion at acetylene to ethylene in crude reaction gases from steam crackers (steam cracking = process used to manufacture base petrochemical compounds from naphta or natural gas).
Fuel cell
Converts chemical energy into electric power, e.g. by converting hydrogen and oxygen into water.
