HCBBS Forum (English)
Submit Chemical Projects / Find Solutions
Amplify Your Requirements on a Broader Chemical Platform *Engineering · Technology · Equipment · Solutions*
Submit Request

How is the residual value of equipment to be demolished in chemical enterprises calculated? Are there any **standards** for this?

2021-08-20View Original

Thread Content

Dear experts: Currently, chemical plants are being demolished. **Is there any standard for determining the depreciation rate when compensating for equipment?**; Currently, companies assess equipment using the depreciation method, largely ignoring whether it is made of stainless steel or is imported equipment (due to the specifics of this industry, some specialized imported devices are still in use by the head office even though their designated useful life would allow for only half as much usage time). Has anyone encountered a similar situation? How did you resolve it? Please let me know, thank you very much!
Reply #22021-08-20
There are no corresponding standards. Equipment depreciation is generally calculated using the straight-line method, with adjustments made as appropriate. Just like the jargon used in pawnshops in old times: \"Eaten by insects and rodents, bare and hairless, nothing but a tattered piece of cloth.\"

Submit a Project

**Looking for Chemical Technology, Equipment & Solutions?** No Registration Required Broader Platform Exposure | Global Chemical Service Provider Connections

Submit Request — Free Consultation

Disclaimer

This is an automated machine translation of the original thread. Some technical terms may have inaccuracies; the original text shall prevail. Click "View Original" at the top right to access the source page, which supports IP-based automatic real-time language translation. Please watch out for contact details and sales inducements to prevent fraud. All content and translations are for reference only, representing solely the poster's personal views. For enquiries, email service@hcbbs.com.