The merger and the new scheme, which was sanctioned earlier this week, became effective after the registration of Xstrata's reduction of capital
Despite the planned reduction of capital
spending, information technology-related investment is likely to increase 25.0% in fiscal 2001, 3.9 percentage points more than the previous year's projected rise.
He pointed out that portfolio changes in Chemicals were well on target, with USD4.4 billion completed or contracted, and forecast a reduction of capital
employed in the business of USD5.7 bln, or more than 40% by the first half of next year.
Certain other steps to reduce capital costs of nuclear power plants further, such as financing, siting, and site-specific issues, are not covered by the report."Reduction Of Capital
Costs Of Nuclear Power Plants"OECD, Paris, 2000 - ISBN 92-64-17144-4 - FF 240 - GBP 24 - USUSD 38 - DM 72 - ?
A gloomy forecast has also led to a reduction of capital
projects at Abitibi-Price Inc.
Also, shareholder value reduction of capital
of Centerra Gold Inc.
The plan, which also includes reduction of capital
investment to 400 billion yen or less in fiscal 2002, reflects streamlining efforts amid declining electricity demand, it said.