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I'm at Liverpool University http://soappresentations.com/products/ stendra online Capital expenditure, or investment, is only sensibly committed if you've got profits flowing from it in future. That's where Ineos says its accounts look odd, because they don't anticipate making profits at Grangemouth in the next five years. Hence, the write-down in the petro-chemical plant's valuation, from nearly £400m to zero.