Ernest I. Korchak - Page 7

                                        - 7 -                                         
          process11 and created cost estimates relating to the waste                  
          treatment project.                                                          
               After graduating from MIT, petitioner worked for the                   
          Scientific Design Corp. (SDC), a subsidiary of The Halcon SD                
          Group, Inc. (Halcon), for 22 years.  Petitioner worked as a                 
          research engineer while at SDC, and his duties included                     
          performing experimental work, evaluating the experimental work,             
          using the evaluations for preliminary design plans, and                     
          determining preliminary investment costs and operation costs.               
          When valuing equipment for SDC, petitioner initially sketched out           
          a general outline of what equipment he thought would be required            
          for a project and its installation costs, guessing at the cost.             
          If the project appeared viable, petitioner used cost estimators             
          whose job it was to develop a more detailed cost picture and to             
          refine the cost estimates.  During 1982, petitioner was SDC’s               
          president of research and development.                                      
               While at SDC, petitioner participated in a joint venture               
          with Arco Chemical Co. (Arco), called Opstrand Corp. (Opstrand).            
          The venture was based on petitioner’s first project at SDC and              

               11Petitioner described the “polyphenol process” as follows:            
               Polyphenols were used as coolants for nuclear reactors,                
               and as these coolants pass through the reactors, they                  
               are exposed to quite high temperatures and degrade to a                
               certain extent unless they form higher polymers, which                 
               what we did with them is really to hydrogenate so they                 
               could basically break them down again into lower                       
               molecular polyphenols which could be reused in the                     
               process.                                                               




Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011