<p>Over 750 million people, 80% of whom live in rural communities, lack access to improved water sources. Even where an improved water source is easily accessible, recontamination and/or inadequate infrastructure may make it unsafe for human consumption. A lack of safe water leads to elevated rates of waterborne diseases and can exacerbate cycles of poverty by forcing individuals to miss school and work and to travel greater distances to secure better-quality water. Households in rural and remote communities may thus choose to use point-of-use treatment as a means of gaining greater control over their water quality and the health of their families. The BioSand Filter (BSF) is one such technology: it is an intermittently-operated household-scale slow sand filter currently used in over 70 nations around the world.</p> <p>This thesis situates point-of-use water treatment, and specifically the BSF, within the context of the relationship between water and health and the continuum of technologies used for water treatment. From this foundation, it presents the methodology and results of a study carried out to inform best-practices around BSF use by: (a) examining the effects on BSF media and filtration performance of physical disturbances that may commonly occur in the field; and (b) assessing whether the biological community within BSFs promotes nitrification that could produce elevated nitrate/nitrite levels.</p> <p>Results demonstrated that disturbing the filters through moving and side impacts caused marked sand compaction and decreased flow rates for plastic (Hydraid) BSFs. Although these decreased flow rates may contribute to user frustration and disuse, they were not associated with reduced filtration performance. Nitrate and nitrite concentrations were well below WHO guidelines for all samples, but changes in nitrogen speciation suggested that nitrification was mediated by the biological community within the filters. Recommendations for practitioners and for future research are discussed in light of these findings.</p> / Master of Applied Science (MASc)

Paralogs are present during ribosome biogenesis as well as in mature ribosomes in form of ribosomal proteins, and are commonly believed to play redundant functions within the cell. Two previously identified paralogs are the protein pair Ssf1 and Ssf2 (94% homologous). Ssf2 is believed to replace Ssf1 in case of its absence from cells, and depletion of both proteins leads to severely impaired cell growth. Results reveal that, under normal conditions, the Ssf paralogs associate with similar sets of proteins but with varying stabilities. Moreover, disruption of their pre-rRNP particles using high stringency buffers revealed that at least three proteins, possibly Dbp9, Drs1 and Nog1, are strongly associated with each Ssf protein under these conditions, and most likely represent a distinct subcomplex. In this study, depletion phenotypes obtained upon altering Nop7, Ssf1 and/or Ssf2 protein levels revealed that the Ssf paralogs cannot fully compensate for the depletion of one another because they are both, independently, required along parallel pathways that are dependent on the levels of availability of specific ribosome biogenesis proteins. Finally, this work provides evidence that, in yeast, Nop7 is genetically linked with both Ssf proteins. / Les paralogues sont présents lors de la biogenèse des ribosomes ainsi que dans les ribosomes matures sous forme de protéines ribosomiques, et sont généralement censées jouer des fonctions redondantes dans la cellule. Deux paralogues précédemment identifiées sont la paire de protéines Ssf1 et Ssf2 (94 % d'homologie). Ssf2 remplacerait Ssf1 en cas d’absence du dernier dans la cellule, et l’absence des deux protéines diminue la croissance cellulaire. Nos résultats révèlent que, dans des conditions normales, les paralogues Ssf s’associent à des ensembles de protéines similaires, mais avec différentes stabilités. De plus, la perturbation de leurs particules pré-rRNP à l’aide de tampons de haute stringence a révélé qu'au moins trois protéines, probablement Dbp9, Drs1 et Nog1, sont fortement associées à chaque protéine Ssf dans ces conditions, et très probablement représentent des sous-complexes distincts. Dans cette étude, les phénotypes cellulaires observés lors de la déplétion des protéines Nop7, Ssf1 et/ou Ssf2 ont révélé que les paralogues Ssf ne peuvent pas compenser entièrement pour la diminution de l'autre, car ils sont, indépendamment l’un de l’autre, nécessaires le long de voies de biogénèse ribosomale parallèles qui dépendent des niveaux de protéines impliqués dans la biogénèse des ribosomes disponibles. Enfin, ce travail fournit des preuves que, dans la levure, Nop7 est génétiquement lié aux deux protéines Ssf.

Bio-refining of renewable resources such as waste biomass into value added products has increased rapidly over the last decades. The aim is to find new environmentally friendly yet economically feasible ways of replacing current utilization of non renewable resources. It can be expected that a commercially viable next generation bio-ethanol will be produced from lignocellulosic feedstock in the near future.This master thesis set out to look at a specific Canadian company in depth (Pure Lignin Environmental Technology Ltd), known as PLET henceforth. PLET has a new approach in pre-treatment of biomass, with a recently patented environmentally friendly technology, which could be extremely lucrative if applied in the right context. It is desirable to look at the possibility of using the master thesis as a take-off platform to launch a consulting bio-tech company directly after completion.There are several different ways to process biomass into higher value added products. In this master thesis focus is laid upon biomass waste, but the same principles could be applied on biomass processing in general. That is the separation and purification of products. In order to put the technology of PLET into a context, other company approaches are used as a comparison, such as SEKAB E-Technology, Lignoboost and Borregaard Lignotech.It is however hard to find suitable examples equivalent to the PLET approach since the technology of PLET considers all the three constituents of wood as raw material for production of three stand alone commercial products; pure lignin, pure cellulose and hemi-cellulose. These three products are separated and purified in the pre-treatment process at high yield and practically no formation of by-products. Process parameters are only moderately adjusted depending on what raw material is used.The catalytic reactor process (=CRP), is performed by PLET as a pre-treatment in a continuous and batch system, in which lignocellulosic material (= wood chips, saw dust or other waste biomass) undergo acid catalyzed hydrolysis by dilute nitric acid. The impregnated wood chips are partially depolymerised from the lignin matrix when heated in the low pressure catalytic reactor. After that, follows distillation, condensation and almost complete recovery of dilute nitric acid. After CRP, the cellulose pulp is separated from the black liquor by an alkaline solution (=NaOH). The obtained black liquor is pumped to a separation tank to precipitate lignin and sweet liquor through filtration. The final step is to dry the lignin, while the sweet liquor is utilized by Torula yeast (=Candida utilis) in order to produce unicellular protein.It would be interesting to see if the pre-treatment that PLET provides, could be exploited in a context of production of next generation of cellulosic ethanol from the cellulosic part of waste biomass. In this master thesis, an evaluation of producing next generation ethanol from dilute-nitric acid pre-treated cellulose rich softwood was performed and dilute sulphuric acid pre-treated hemi-cellulose rich hardwood birch pulp was used as a comparison.The technical part of this master thesis was conducted on a laboratory scale, using samples from two companies, referred to as PLET and SEKAB E-technology (Sweden). The strategy of PLET is currently to find a commercial platform to produce value added products from waste biomass generated by saw mills and pulping industries, while SEKAB E-Technology mainly works with Swedish softwood as a raw material.ivExperiments of this master thesis includes a series of fermentation trials using either SSF (= Simultaneous Saccharification and Fermentation) or SHF (= Separate Hydrolysis and Fermentation). Yields of the enzymatic hydrolysis and subsequent fermentations were estimated with HPLC measurements complemented with dry weight measurements.Obtained experimental data support the potential to make lignocellulosic ethanol out of either softwood or hardwood. Ethanol yield from dry material from SEKAB E-Technology hardwood birch slurry was 0.43 (g ethanol / g dry raw material), whereas samples supplied by PLET achieved the following results. The ethanol yield from dry material from softwood pine washed cellulose was 0.33 g (ethanol / g cellulose). The ethanol yield from dry material obtained for softwood pine unwashed cellulose in the three SHF was 0.47; 0.34 and 0.19 (g ethanol / g cellulose) respectively, while the yield in the two SSF was 0.45 and 0.46 (g ethanol / g glucose).The economical part of this master thesis includes the use of Business Model Canvas and the NABC- model (= Need, Approach, Benefit and Competition) to define the basic topics and tasks that need to be addressed in the start up phase of a small consulting bio-tech company.At least 6 million US dollars is needed as a minimum starting capital to be able to construct a small commercially viable pilot plant, according to PLET. This investment would cover the basic requirements and is scalable. The construction could preferably be done in Sweden in the vicinity of an existing saw mill or paper pulp industry or elsewhere, where a steady supply of cheap raw material could be assured. The size of the operation envisioned, depends greatly on location and adjacent businesses. Large pulp mills in the range of 400-500 MWh would be preferred, the largest pulp mills in Canada process 5000 ton per day which is equivalent to a capacity of 1 GW wood per day (GW = giga watt), but the concept of the technology of PLET must first prove its value on a smaller scale.According to PLET, a future full scale production plant could be designed for processing 56 tons of wood chips per day of wood chips would generate annual revenues of ≈ 7500000 US dollars. The annual profit would be ≈ 2500000 US dollars, and capital cost (equipments) ≈ 5000000 US dollars, while the payback time on investment would be 2-3 years. According to PLET, the products are estimated to have the following values; 25 tons/day of pure cellulose with a market value of 400-500 US dollars/ton, 10 tons/day of pure lignin with a market value of 1000-1200 US dollars/ton and finally 21 tons/day of sweet liquor with a market value of 50-100 US dollars/ton. / Program: Masterutbildning i Energi- och materialåtervinning - industriell bioteknik

<p>This report deals with the performance of a batch flow treatment of landfillleachate compared with a continuous flow system. The parameters in focus were total Kjeldahl nitrogen (TKN), BOD5 and COD. The pilot-scale experiment used eight barrels with a volume of 150 liters. Each barrel was constructed differently concerning its flow, its bed material grain size and its presence of plants or not. Four of the barrels worked in batch mode, thus four in continuous flow mode. The continuous flow systems were provided with water trough small tubes with regulators. Samples were collected once a week and analysis was carried out yielding results of BOD5, COD, TKN, pH and conductivity of the effluents. The same parameters were analyzed for the influent every week. The result shows that a wetland is a good way of treating the landfill leachate as the BOD5, COD and TKN decreases. Moreover the color, which contravenes with legislative demands in the region, was distinctly decreased. Yet the report failed to show a significant difference between batch loaded and continuous flow wetlands. More studies have to be carried out in order to determine or contradict whether batch mode in fact provides a better treatment.</p>

This report deals with the performance of a batch flow treatment of landfillleachate compared with a continuous flow system. The parameters in focus were total Kjeldahl nitrogen (TKN), BOD5 and COD. The pilot-scale experiment used eight barrels with a volume of 150 liters. Each barrel was constructed differently concerning its flow, its bed material grain size and its presence of plants or not. Four of the barrels worked in batch mode, thus four in continuous flow mode. The continuous flow systems were provided with water trough small tubes with regulators. Samples were collected once a week and analysis was carried out yielding results of BOD5, COD, TKN, pH and conductivity of the effluents. The same parameters were analyzed for the influent every week. The result shows that a wetland is a good way of treating the landfill leachate as the BOD5, COD and TKN decreases. Moreover the color, which contravenes with legislative demands in the region, was distinctly decreased. Yet the report failed to show a significant difference between batch loaded and continuous flow wetlands. More studies have to be carried out in order to determine or contradict whether batch mode in fact provides a better treatment.

In several applications of casting, dendritic microstructure is not desirable as it results in poor mechanical properties. Enhancing fluid flow in the mushy zone by stirring is one of the means to suppress this dendritic growth. Strong fluid flow detaches the dendrites formed at the solid-liquid interface and carries them into the mould to form slurry. When this slurry solidifies, the microstructure is characterized by globular, non-dendritic primary phase particles, separated and enclosed by a near-eutectic lower-melting secondary phase. This property represents a great potential for further processing in semisolid forming (SSF) by various techniques such as pressure die casting and forging. Among all currently available methods, linear electromagnetic (EM) stirring is considered as one of the most suitable routes for large scale production of semisolid feed stock. One of the biggest advantages of EM stirring is that the stirring intensity and direction can be modulated externally and in a non-intrusive manner. With this viewpoint, the primary objective of the present research is to investigate rheocasting using linear electromagnetic stirring. A systematic development of a linear electromagnetic stirrer (LEMS) is the subject of the first part of the thesis. The LEMS consists of a set of six primary coils displaced in space. These coils are excited by a three-phase power supply to produce an axially travelling magnetic field. The metal to be stirred is placed in the annular space of the stirrer. The travelling field induces secondary current in the molten metal. The current and magnetic fields interact to generate a net mechanical force in the metal, commonly termed as the Lorentz force. The molten metal is stirred under the influence of this force. Two prototype stirrers, one for low melting alloys and the other for aluminium alloys are developed. The stirrers are characterized by measuring forces on low melting point alloy and on solid aluminum cylinders placed inside the annular space of the stirrer. As an outcome of these tests, a non-intrusive method of detecting stirring of liquid metal is developed. The development of a rheocasting mould for the LEMS forms the second part of the work presented in the thesis. The mould design and cooling arrangement are such that solidification in the mould is primarily unidirectional. Heat from the solidifying metal is extracted at the bottom of the mould, so that the axisymmetric EM stirring effectively shears the dendrites formed at the solid-liquid interface. The outer surface of the mould is cooled with water or air exiting from 64 jets, each of 4 mm diameter. Such an arrangement provides a high heat transfer coefficient and a wide range of cooling rate in the metal ranging from 0.01 to 10 K/s. Temperature is measured at various depths in the solidifying melt and at other key locations in the mould to assess the various heat transfer mechanisms. The results from the rheocasting experiments using the above mould and LEMS are presented in the third and final part of the thesis. Such studies are required for understanding the solidification process in presence of electromagnetic stirring and for highlighting the important issues connecting solidification, fluid flow, dendrite fragmentation and the resulting microstructure. A series of experiments are performed with A356 (Al-7Si-0.3Mg) alloy. Experiments are conducted with various combinations of operating parameters, and the resulting microstructures and cooling curves at various locations are examined. The key process parameters are stirring current, cooling rate, pouring temperature, and stirring current frequency. The parametric studies also include the case without EM stirring in which liquid aluminium is poured into the rheocast mould without powering the LEMS. It is found that stirring at high currents produces non-dendritic microstructures at all locations of the billet. For lower currents, however, dendritic microstructures are observed in regions outside the zone of active stirring. Stirring also enhances heat loss from the exposed top surface, leading to solid front advancement from the top as well. Without EM stirring, microstructures are found to be dendritic everywhere. The percentage of primary α-Al phase and its number density are found to increase with stirring intensity. With a decrease in cooling rate with air as the coolant, the average grain size of primary α-Al phase increases. Excitation frequency is found to be an important parameter, with lower frequencies generating a more uniform force field distribution, and higher frequencies enhancing induction heating. At higher frequencies, the effect of higher induction heating results in the formation of larger and coarser primary phase grains. This phenomenon has led to the development of a one-step process for rheocasting and heat treatment of billets.

In several applications of casting, dendritic microstructure is not desirable as it results in poor mechanical properties. Enhancing the fluid flow in the mushy zone by stirring is one of the means to suppress this dendritic growth. The strong fluid flow detaches the dendrites from the solid-liquid interface and carries them into the mold to form slurry. The detached dendrites coarsen in the slurry and form into rosette or globular particles based on processing conditions. This slurry offers less resistance to flow even at a high solid fraction and easily flow into the die-cavity. The above principle is the basis of a new manufacturing technology called “semi-sold forming” (SSF), in which metal alloys are cast in the semi-solid state. This technique has several advantages over other existing commercial casting processes, such as reduction of macrosegregation, reduction of porosity and low forming efforts. A major challenge existing in semisolid manufacturing is the production of metallic slurry in a consistent manner. The main difficulty arises because of the presence of a wide range of process parameters affecting the quality of the final product. An established method of producing slurry is by stirring the alloy using an electromagnetic stirrer. From an elaborate review of literature, it is apparent that solidification in presence of electromagnetic stirring involves a wide range of shear and cooling rates variation. However, the CFD models found in the literature are generally not based on accurate rheological properties, which are known to be functions of the relevant process parameters. Hence, there is a clear need for a comprehensive numerical model for such a solidification process, involving accurate rheological data for the semisolid slurry subjected to a range of processing conditions. The objective of the present work is to develop a numerical model for studying the transport phenomena during solidification with linear electromagnetic stirring. The study is presented in the context of a billet making process in a cylindrical mould using linear electromagnetic stirring. The mould consists of two parts: the upper part of the mould is surrounded by a linear electromagnetic stirrer forming the zone of active stirring, and the lower part of the mould is used to cool the liquid metal. The material chosen for the study is Al-7.32%Si (A356) alloy, commonly used for die casting applications. A complete numerical model will therefore have two major components: one dealing with rheological behavior of the semisolid slurry, and the other involving macroscopic modeling of the process using computational fluid dynamics (CFD) techniques. For the latter part of the model, determination of rheological behavior of the slurry is a pre-requisite. The rheological characteristics of the stirred slurry, as a function of shear rate and cooling rate, is determined experimentally using a concentric cylinder viscometer. Two different series of experiments are performed. In the first series, the liquid metal is cooled at a constant cooling rate and sheared with different shear rates to get the effect of shear rate on viscosity. In the second series of experiments, the liquid metal is cooled at different cooling rates and sheared at a constant shear rate to obtain the effect of cooling rate on viscosity. During all these experiments, the shear rate is calculated from the measured angular velocity of spindle using inductive position sensor; viscosity of the slurry is calculated based on the torque applied to the slurry and angular velocity of the spindle; and the solid fraction is calculated from measured temperature of the slurry based on Schiel equation. From these data, a constitutive relation for variable viscosity is established, which is subsequently used in a numerical model for simulating the transport phenomena associated with the solidification process. The numerical model uses a set of single-phase governing equations of mass, momentum, energy and species conservation. The set of governing equations is solved using a pressure based finite volume technique, along with an enthalpy based phase change algorithm. The numerical simulation of this process also involves modeling of Lorentz force field. The numerical study involves prediction of temperature, velocity, species and solid fraction distribution. First, studies are performed for a base case with a moderate stirring intensity of 250A primary current and 50 Hz frequency. It is found that the electromagnetic forces have maximum values near the mould periphery, which results in an ascending movement of the slurry near the mould periphery. Because of continuity, this slurry comes down along the axis of the mould. Stirring produces a strong fluid flow which results good mixing in the melt. Correspondingly, a homogenized temperature distribution is found in the domain. Because of strong stirring, the solid fraction in the slurry is found to be distributed almost uniformly. It is also found that fragmentation of dendrites increases solid fraction in the slurry with processing time. During processing, the continuous rejection of solute makes the liquid progressively solute enriched. It is predicted from the present study that the remaining liquid surrounding the primary solid phase finally solidifies with a near-eutectic composition, which is desirable from the point of view of semisolid casting. Correspondingly, a set of experiments are performed to validate the numerically predicted results. The numerical predictions of temperature variations are in good agreement with experiments, and the predicted flow field evolution correlate well with the microstructures obtained through experiments at various locations, as observed in the numerical results. Subsequently the study is extended to predict the effect of process parameters such as stirring intensity and cooling rate on the distributions of solid fraction and solute in the domain. It is found, from the simulation, that the solidification process is significantly affected by stirring intensity. At increasing primary excitation current, the magnitude of Lorentz force increases and results in increase of slurry velocity. Correspondingly, the fragmentation of dendrites from the solid/liquid is more during solidification at higher stirring intensity, which increases the fraction of solid in the slurry to a high value. It is also found that the solute and fraction of solid in the liquid mixes well under stirring action. Thus, a near uniform distribution of solute and solid fraction is found in the domain. It is found that stirring at high currents produces high solid fraction in the liquid. Also, at very low cooling rate, the solid fraction in the liquid increases. The present study focuses on the model development and experimental validation for solidification with linear electromagnetic stirring for producing a rheocast billet. Further studies highlighting the effects of various process parameters on the thermal history and microstructure formation are also presented.

Today biodiversity is rapidly decreasing and an increasing number of threatened species live in modified and human dominated landscapes. Therefore it is essential to learn more about how species cope with the changes of their habitat. The focus of this study lies on a primate species, the critically endangered Javan slow loris (Nycticebus javanicus), endemic to the densely populated island of Java, Indonesia.  In cooperation with the Little fire face project in West Java, I used a step selection function (SSF) framework, to understand how landscape structure affects the movement of Javan slow lorises within a fragmented mountain-agroforest landscape of Cipaganti, West Java. To investigate the movement and fine scale habitat selection of slow lorises I used one hour locations of 6 radio-collared slow lorises. The habitat and vegetation of observed and random steps was investigated in multiple variables such as presence of food trees and signs of human disturbance. For the analysis I paired observed steps (1h relocations) with 3 random habitat locations and used a conditional logistic regression to parameterize the SSF, which represents the probability of a focal slow loris to select a given step as a function of the habitat and vegetation factors surveyed. In average the slow lorises travelled about 450 m each night and most frequently they used a step length of about 0 – 50 m. My result reveals that slow lorises fine scale habitat selection is positively influenced by the presence of trees and tree trunk cover (indirect increasing the canopy cover and connectivity). They are also to a high extent positively affected by the presence of a feeding tree species, Calliandra calothyrsus. Surprisingly slow lorises selected steps associated with a higher number of fields (fields may indicate an increased biodiversity within the location). The results also indicate that slow lorises are limited in their movement by the presence of fields or rivers, which indicates that slow lorises are negatively influenced in their movement by a declining ability to move and forage within Cipaganti. I found no significant differences between sexes in their distance travelled. The recommendation for future conservation of slow lorises in Cipaganti is to prevent further habitat loss and fragmentation through activities that protect or maintain the present suitable slow loris habitat. Further research is needed to increase the knowledge of these primates’ abilities to live in this modified landscape.

Made available in DSpace on 2014-06-11T19:27:20Z (GMT). No. of bitstreams: 0 Previous issue date: 2011-11-16Bitstream added on 2014-06-13T19:14:40Z : No. of bitstreams: 1 silva_rr_me_sjrp.pdf: 961028 bytes, checksum: 0d7989443c42fd25745d208364a42a88 (MD5) / A produção de proteases de origem microbiana depende das condições de cultivo e da diversidade bioquímica de cada espécie. Estudos comparativos entre fermentação em estado sólido (FES) e fermentação submersa (FSm) usando farelo de trigo e meio sintético, respectivamente, foram realizados para a determinação dos parâmetros de produção de proteases pelo fungo Aspergillus fumigatus Fresenius. A melhor produção de protease foi em FES no período de 96 horas utilizando farelo de trigo, temperatura de 30 ºC e 1x106 esporos/5g de substrato com 1.517 U/mL. Em FSm o pico de produção foi em pH 6,0, a 30ºC, 5x105 esporos/mL de meio no período de 72 e 96 horas em meio contendo 0,5 e 0,25% de caseína, respectivamente, ambos com 40 U/mL. Conforme a produtividade dos processos fermentativos, o extrato enzimático da FES foi utilizado para estudos de purificação e caracterização bioquímica. Neste estudo, a protease purificada apresentou atividade ótima em pH 7,5 e 50ºC, sendo inibida por Fenil-metil-sulfonil-fluoreto (PMSF) e mais intensamente por antipaína (1,6 µM). Sobre efeito de íons, foi observado modulação da atividade proteolítica, principalmente com inibição por AlCl3, cuja atividade proteolítica residual foi de 18% após incubação com este íon. Na presença de Ditiotreitol (DTT) e uréia houve diminuição da atividade proteolítica, apresentando atividades residuais de 63% em 200 mM de DTT e 10% com 5 M de uréia. Comparativamente, na concentração de 0,1% de cada surfactante estudado, notou-se redução da atividade proteolítica, sendo 97% em presença de Brometo de cetil-trimetil amônio (CTAB), 79% para 4 - (1,1,3,3 - Tetrametilbutil) fenil- polietileno glicol (Triton X-100), 55% com Polyoxyethylenesorbitan monolaurato (Tween-20) e completa redução da atividade (0%) em... / The microbial protease production depends on growing conditions and the biochemical diversity of each species. Comparative studies between solid-state fermentation (SSF) and submerged fermentation (SmF) using wheat bran and synthetic medium, respectively, were performed to determine the optimum parameters for protease production by the fungus Aspergillus fumigatus Fresenius. The best protease production was in SSF within 96 hours using wheat bran, temperature 30°C and 1x106 spores/5g of substrate, with 1,517 U/mL. In SmF peak production was at pH 6.0 at 30°C, 5x105 spores/mL of media within 72 and 96 hours in medium containing 0.5 and 0.25% casein, respectively, with 40 U/mL. According to the productivity of the fermentative processes, enzymatic extract was used from SSF to study purification and biochemical characterization. In this study, purified protease showed optimum activity at pH 7.5 and 50°C, and inhibited by Phenylmethylsulfonyl fluoride (PMSF) and more intensely for antipain (1,6 µM). Concerning to the effect of ions, we observed modulation of the proteolytic activity, especially with inhibition by AlCl3, which residual activity was of 18 % after incubation with this ion. In the presence of Dithiothreitol (DTT) and ureia, we observed progressive decrease in proteolytic activity, presenting residual activities of 63% with 200 mM DTT, and 10% with 5 M ureia. Comparatively, in the concentration of 0.1% of each surfactant studied, there was a reduction in the proteolytic activity in 97% in presence of Cetyl trimethylammonium bromide (CTAB), 79% with 4-(1,1,3,3-Tetramethylbutyl)phenyl-polyethylene glycol (Triton X-100), 55% with Polyoxyethylenesorbitan monolaurate (Tween-20) and a complete inactivation in the presence of Sodium dodecyl sulfate... (Complete abstract click electronic access below)

Over 22 billion derivative contracts were traded on different stock exchanges globally during the year 2010 of which almost 50% were futures while the remaining 50% were options. An overall 25% increase in such contracts was registered as compared to those traded in the year 2009 (International Options Market Association (IOMA) Report, 2011).Investors often use a wide array of trading tools, market indicators and market trading strategies to get the best possible returns for the money that was invested. The main objective of this paper is to focus on the use of market sentiment indicators, specifically the Put-Call Ratio (PCR) as a predictor of returns for an investor.The Put-Call Ratio is defined as a ratio of the trading volume of put options to call options. It is called a sentiment indicator because it measures the “feelings” of option traders. Additionally, it has longed been viewed as an indicator of investors’ sentiment in the market (Put-Call Ratio, 2012) and is possibly the most favoured description of market psychology (James, 2011). / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted