Small mute air compressor for the laboratory, dentalclinics, hospitals, research institutes and other occasions to provide a quietand reliable compressed air supply, the noise as low as 40 decibels, can beplaced anywhere in the work area without causing noise pollution, very Suitableas an independent gas supply center, or OEM application range. Piston-typesilent air compressor is generally divided into oil-lubricated air compressorand oil-free air compressor two series..
Advantages of oil lubricated air compressors: a. Withultra low noise and high performance, can maximize the efficiency and canensure that the compressor can run for many years. B. For applicationsrequiring ultra low noise, there is almost no vibration during operation and anoise of up to 40 decibels, which can be placed anywhere in the work areawithout noise. C. Design requires low maintenance and failure rates , Thusensuring that the reliability of the user can fully meet the needs of manyapplications, such as dental clinics, exhibition shelves, dispensers, pneumaticcontrol and other needs of ultra-quiet compressed air.
There are oil lubrication air compressor shortcomings:a. Oil lubrication mute air compressor with oil lubrication. Each year to aircompressor maintenance. Increase the cost; b oil lubrication Silent aircompressor after a long time after use. Due to the role of oil, the surroundingequipment will be affected. Pollution of the customer terminal equipment.
- Published in INDUSTRIAL NEWS
The Vietnam EnergyAssociation (VEA) and South Korea’s association of energy storageindustry development (KEIDA) on Tuesday jointly organised an internationalconference on new technologies in power and renewable energy.
The implementationof the national strategy for developing renewable energy till 2030, with avision to 2050, makes new technologies in this field important for Việt Nam, said HoàngQuốc Vượng, deputy minister of industry and trade, speaking at the conference,which was held in Hà Nội.
Trần Viết Ngãi,chairman of VEA, said that as Koreawas the third major economy in the Asia Pacific region with a developed energyindustry, the conference would offer business opportunities to both countriesin terms of seeking partners and co-operation in technology transfer.
Korea’s Wongwang Electric Power has already granted US$5million for the implementation of some solar energy projects in Việt Nam, Ngãinoted.
Chang Ho Choi,president of KEIDA, said that energy storage system (ESS) technologies andrenewable energy had been thriving for years in South Korea thanks to governmentsupport. He expressed hope that Korean technology will be applied in Việt Namand contribute to the development of the new energy industry.
At the event,enterprises from Koreashared their experiences on ESS technology, various business models and casestudies in their own country as well as foreign nations.
- Published in INDUSTRIAL NEWS
Egypt’s minister of transport has said the country is targeting up to €14.4billion (Dh55.85bn) worth of investment in newrail and metro projects.
Speaking at Middle East Rail conference on Tuesday, Hesham Arafat said the bulk of the investment being sought is for three high-speed rail lines running from Luxorto Cairo, Alexandriato Cairo and from Luxor to Hurghada, which will have a combinedcost of €13bn.
“These three lines are proposed for promoting tourist activity that is expected to reachmore than 30 million tourists per year by 2025,” Mr Arafat said.
The biggest of these is the Cairo to Luxor line – a €6bn, 700-kilometre line thatwill take about five years to build. Mr. Arafat said studies indicate investors would earn an internal rate of return of about 9 percent on the project, whichis expected to carry about 3.4 million passengers per year.
“You canfinance it using any model, like BOT [build, operate, transfer] or directfinance,” he said.
The €4bn Luxor to Hurghada line will be 300km, carry 1.5 million passengers and will offer returns of 10 percent, according to the ministry. It will take four years to build.
The Alexandria to Cairoline has an estimated cost of €3bn and will be 210km long, carrying up to 2.3million passengers a year. It is expected to take three years to build and offer returns of 11 per cent over its life span.
Other projects for which it is seeking backing include a €934m, 34km underground line in Cairofrom Imbaba to the airport, a €275m super tram linking satellite cities in NewCairo to the underground network, an €82m passenger and freight line fromMansoura to Damietta and an €85m freight line connecting Egypt’s biggestphosphate mine at Abu Tartur to Safaga port.
The ministry is also seeking a partner to operate an 8,725 square metre shopping mall connected to a railway station at Alexandriaport aimed at tourists.
The minister said that Egypt is a “pro-business” country offering a robust investment regime, with a new investment law due to be introduced later this month that will allow for 100 per cent foreign ownership of companies and protection against expropriation of profits or compulsory pricing.
Meanwhile, Oman Rail has said that it may seek public-private partners with interests in miningto help develop its first rail line.
The 400km line will connect Ash Shuwaymiyah in the south to Duqm port with a view totransporting gypsum from newly created mines.
Oman Rail’s general manager of projects, Nathan Wiles, said that the creation of a new mining industry was “one of the key pillars of diversification” forthe Omani government. The public authority for mining has set up an invest mentand licensing arm, mineral development of Oman, which is undertaking studies togauge the reserve levels and the quality of gypsum in the area, with a view to feeding this into a public-private partnership model to attract investors.
Oman Rail has said that it expects to appoint three consultants within the next month that it will use to design the line and associated port facilities.
Mr Wiles said the northern section of the line that will connect with UAE’s Etihad Rail is ready to go assoon as other GCC countries commit to the project. Oman Rail chose a preferred bidder to deliver this section back in 2015 but has had to postpone theproject’s start.
- Published in INDUSTRIAL NEWS
Crude Oil whipsawedon production and stockpiles reports, while Asian stocks followed US andEuropean equities lower before an expected interest-rate hike by Federal Reserve policy makers.
WTI jumped above US$48 a barrel as a reported decline in UScrude stockpiles countered a boost in output from Saudi Arabia, reversing an earlierplunge of as much as 2.7 per cent. Brent crude is also up, above $51 a barrel.Stocks were lower from Sydney to Tokyo, while the USdollar weakened after Tuesday’s gains. Hong Kong shares pared lossesas Chinese premier Li Keqiang said Chinais pushing hard to cut financial risk and there are bright prospects forcooperation with the US The yield on 10-year Treasuries remained near 2.6 percent.
The swings in oilinterrupted the calm that’s gripped markets ahead of central bank decisions,European political drama and a raft of economic data that could set the tonefor financial markets for weeks to come. With the Fed all but certain to raiserates, investors have been weighing how oil’s precarious level and looming inflation readings could impact the central bank’s path for future moves.
Volatility isrising this week, with the VIX in the US jumping the most in a month onTuesday, while a gauge for the Nikkei 225 Index is up for a fourth straightday. Elections remain a wild card for investors. Today’s vote in the Netherlands will deliver a reading on the stateof populism in Europe as races in Franceand Germany heat up.
US trading was more muted than normal onTuesday as a late-winter storm blanketed the eastern part of the country insnow. Airlines canceled thousands of flights, wholesale power prices surged and natural gas futures gained as the storm spun up the Atlantic coast.
- Published in INDUSTRIAL NEWS
The pace of industrial modernization in China can be traced back to the implementation of the five-year plan, showing a high-speed development stage is in the 80’s,a fter a great decision-making reform and opening up the baptism, the pace of China’s economic modernization to achieve the industry across Development, the development of industry can not be separated from the laying of the pipeline,which is like saying a saying, in order to Fu first road is a reason, then the laying of the pipeline can not be separated from the support of the stainless steel industry. Stainless steel flange has long been introduced in the eightiesof last century, China’s Shanghai area, with the subsequent expansion of theapplication area also slowly to the second and third tier cities in China,Hebei and other places is the formation of a relatively large scale Of thecomprehensive industrial park, each year the country’s 60 percent of thestainless steel flange products are from Shanghai, Hebei and other places, andmany manufacturers of product quality standards in line with a number offoreign product standards, national industry finally in the The new era in theinternational arena shine.
The development of stainless steel flange industry is essential for themodernization of industrial modernization, in today’s technology, all industries are upgrading products, production and quality are rising, the sameprice is also rising.
Stainlesssteel flange, whether for the stability of the pipeline or the service life canplay a good role in promoting the Hebei Hai Sheng also long-term and domestic well-known iron and steel enterprises to cooperate, product quality can withstand the test of practice, sea St. Construction has always adhere to theindustry’s high-end line, where mainly refers to the high-end product quality,which is also responsible for the consumer’s performance, we focus on product performance improvement and upgrading of the type of production process innovation, Is to be able to produce more high-quality pipe stainless steel flange, formore pipeline installation project brings the gospel, the product cost is very advantageous, real gold is not afraid of fire.
How to find the seneeds, and based on these market changes and product development trends, toguide the target customers interest in new products, continue to produce newneeds, to form their own unique brand positioning. This is the stainless steelflange manufacturers brand positioning requirements. Stainless steel flange products can be said to be related to a manufacturer’s “life and death”, stainless steel flange products can be replaced in time, conform to the future market requirements, which directly reflects a stainless steel flange manufacturers technical strength, scientific research and market insight The What is the difference between your stainless steel flange products andyour peers? What is the price advantage of the product? Can the product solvethe urgent needs of customers? These are the stainless steel flange manufacturers to consider the issue, but also affect the smooth sales of products or not the key.
- Published in INDUSTRIAL NEWS
Oil development “Thirteen Five” plan, natural gas development “Thirteen Five”plan released on January 19, aims to improve oil use efficiency, promotealternative energy sources, encourage qualified oil and gas enterprises todevelop equity diversification and various forms of mixing Ownership.Vigorously develop the natural gas industry, and gradually cultivate naturalgas into one of the main energy, speed up the construction of natural gaspipeline network to speed up the construction of gas storage facilities toimprove the ability to adjust the peak.
Oil “ThirteenFive” plan put forward, the implementation of the investigation blockcompetition transfer system and more stringent block exit mechanism, open andfair to meet the conditions of the various types of market owners to sell therelevant mining rights, allowing oil and gas enterprises to market between theway Mining rights transfer, and gradually formed a large state-owned oil andgas companies as the leading, a variety of economic components to participatein the exploration and mining system.
Encourage reformpilot and model innovation. Continue to promote the Xinjiang oil and gasexploration and development reform pilot, sum up experience, improve the systemand accelerate the promotion to the country. Summed up and the development ofXinjiang, Sichuan and Chongqing, Ordos Basin and other areas of conventionaloil and gas, shale gas, dense gas exploration and development cooperation,joint venture, the introduction of competition and other innovative models.
Deepen the downstream competitive reform. Adhere to the relaxation of restrictions and strengthen supervision both, improve the oil import management system, adjustthe export management of refined oil products, play a price mechanism tooptimize the energy structure, energy conservation and promote environmental protection guide role, improve the oil price formation mechanism.
Rationalize the relationship between resource development tax relations, in the overall study of the relevant tax reform on the basis of research and development of mineralresources, national equity system, the implementation of a good resource taxpolicy, a reasonable determination of the burden level. Explore the pipeline and other infrastructure construction operations benefit local mechanisms.
At the same time,the oil “Thirteen Five” plan to further deepen the reform of oilenterprises.
Improve the corporate governance structure of state-owned oil and gas enterprises, standardize investment management, strengthen risk control, improve project decision-makingand operation and management level. Optimize the assessment mechanism ofstate-owned enterprises, strengthen the service of national strategy to protectthe national oil supply security and national economic operation of the task ofassessment, supervision and promote the sustainable development of petroleum enterprises.
Encourage qualified oil and gas enterprises to develop equity diversification and variousforms of mixed ownership. To promote the state-owned oil and gas enterprise engineering technology, engineering construction and equipment manufacturing business, such as specialized reorganization, as an independent market players to participate in the competition, to promote the efficient allocation ofinternal resources, weight-loss fitness, cost reduction efficiency.
In addition, theoil “Thirteen Five” plan proposed to promote the construction of crude oil, refined oil pipeline network, speed up the oil reserve capacitybuilding, vigorously develop clean alternative energy, strengthen scientificand technological innovation and improve the level of equipment autonomy.
Natural gas “ThirteenFive” plan put forward three major tasks, strengthen exploration and development to increase the supply of domestic resources to speed up theconstruction of natural gas pipeline network to speed up the construction ofgas storage facilities to improve the peak load capacity.
“Thirteen Five”period, the annual increase in proven oil reserves of about 1 billion tons ofoil. 2020 domestic oil production more than 200 million tons, to build open conditions under the multiple oil supply security system to protect the domestic 2,020,590 million tons of oil consumption level.
“Thirteen Five”period, built about 5,000 km of crude oil pipeline, a new oil capacity of 120million tons / year; built oil pipeline 12000 km, a new oil capacity of 90million tons / year. By 2020, the cumulative completion of crude oil pipeline32,000 km, the formation of an oil capacity of about 650 million tons / year;finished oil pipeline 33,000 km, the formation of an oil capacity of 300million tons / year.
Natural gaspipeline network construction, the “Three Five” period, the newnatural gas trunk and supporting pipeline 40,000 km, the total mileage in 2020reached 104,000 km, trunk gas transmission capacity of more than 400 billion cubic meters / year; underground gas storage accumulated Working gas capacityof 14.8 billion cubic meters. Accelerate the reform of natural gas market, improve the laws and regulations of natural gas industry, improve thei ndustrial policy system, and establish a natural gas supervision system covering the whole industry.
- Published in INDUSTRIAL NEWS
HÀ NỘI — Việt Nam’s listed steel companies can achieve higher growth in 2017 despite a volatile andpredictable international market if they optimise operations and exploit missing links in the sector’s supply chain, experts said yesterday.
Given recent international developments, global markets are likely to exhibit some signs of volatility andinstability, Đặng Trần Hải Đăng, deputy head of market research at theVietinbank Securities Company, said at a conference held in Hà Nội.
He said factors that investors and steel companies should pay attention to include uncertain US policies under the Trump administration, theslowdown of China’s economy and the Britain’sexit from the European Union.
These factors indicate unclear prospects for the global economy this year, he said, citing areport of the International Monetary Fund (IMF) that has forecast global economic growth this year at just 3.4 per cent.
The Vietnamese economy will also face a lot of challenges when the US Fed raises its lendingrates, putting pressure on the Vietnamese đồng to depreciate so as to make local products more competitive, Đăng said.
In addition, Brexit and the US’swithdrawal from the Trans Pacific Partnership (TPP) are likely to negativelyimpact Việt Nam’sexports, he added.
Nguyễn Văn Sưa,Vice Chairman of the Việt Nam Steel Association, said that the global steel industry has been through ups and downs since the middle of the 20th century, as can be seen by growth rates in different periods.
The industry’s annual growth rate was 5.1-7.4 per cent during 1950-1970, 0.5-2.5 percent in1970-2000; 6.2 per cent in 2000-2005; 4.5 percent in 2005-2010; 2.5 per centin 2010-2015; and 2.9 per cent in 2015.
In 2016, the global steel sector saw a slight recovery but there was still a surplus in the market with the production reaching nearly 1.63 million tonnes, a year-on-yearincrease of 0.5 percent, compared to a consumption volume of 1.5 million tonnes.
China was the top producer with 808.4 million tonnes, ahead of other countries like Japan,India and the US.
Sưa said that one of the main reasons that helped China’ssteel products become more competitive was preferential tax policies designedto boost export volumes.
He said Việt Nam’s steel producers have not optimised their production capacity and have not met themarket’s demand for some products like hot-rolled coil steel, leading to thestrong increase in steel and steel product imports. In 2016, total steel imports rose 25 percent year-on-year to 17.5 million tonnes.
Despite all the challenges, there are still positive signs for the prospects of the steelsector and steel companies’ shares in 2017, Sưa said.
There are plenty of opportunities for local steel companies if they can apply a closed production system to reach maximum production capacity, reduce production costs and assure high product quality to make their products more competitive.
They should also explore missing links in the sector’s value chain to reduce the volume ofimported steel products, and diversify their product base, he said.
In general, listed steel companies have recovered after 2015, with profits growing 70 to 130 percent.
Hòa Phát Group and Hoa Sen Group are the two companies that have the top profitability ratio,while Nam Kim Steel JSC and SMC Investment Trading JSC have the highestreturns-on-equity (ROE) ratios.
Listed steel companies had a robust year in 2016 with increasing combined marginal profitsand net profits. Some of the listed firms recorded outstanding profit growth, like the Hòa Phát Group (89 per cent), Hoa Sen Group (131 per cent) and Nam Kim Steel JSC (312 per cent).
In 2017, Việt Nam will seemore foreign capital flowing in as the country is one of the top 10 fastest growing securities markets in the world, the conference heard.
On March 8 thisyear, the VN Index reached a nine-year high of 716.6 points with a market average profitability rate of 18-20 per cent. The benchmark index has gained more than seven per cent since the beginning of the year with total market capital isation of $72 billion, an increase of 26.6 percent year on year.
Investors will also be attracted by the Government’s efforts to divest from State-ownenterprises and put those companies on the stock market, as also the low market price-to-earnings (P/E) ratio.
Viet Nam’s steel producers and traders will integrate deeper in the global industry, especially given that the Governmenthas signed 12 free trade agreements and is negotiating four others, Sưa said.
He said that there was still room for local steel companies to grow as Viet Nam still has a huge demandfor their products to develop its economy and infrastructure.
He forecast that the total volume of steel and steel products produced in the country will reach 50 million tonnes by 2020 and 73 million tonnes by 2025.
- Published in COMPANY NEWS
Through theresearch on the correlation degree between ISO standard and China’s valve standard, we have a generalunderstanding of the standard of the valve standard in China, anddetermine the direction and increase the scale.
1, to promote the new valve technology, the development of new technology
Strengthen thestandards and scientific research, especially the national major scientific andtechnological project research links, and guide scientific research andadvanced technology backbone enterprises, the results of independent innovationinto standards, promote new technology, new technology development.
National ValveStandard Committee is now developing a national standard “valveintelligent electric device.” Valve intelligent electric device, is thebeginning of this century developed a new product, China through the introduction andresearch and development, has mastered the technology, and the development isvery fast. Yangzhou Electric Power built, Tianjintwo links, Wenzhou Rotork, Changzhoupower station auxiliary and so can produce, product quality is also quite good.The development of high-tech “valve intelligent electric device”standard, to promote the development of the industry, blocking or reducing theimport of products have a great effect.
Will be a numberof new valve products, new technologies into standards, reduce costs, improveefficiency, optimize the product features, and new products and newtechnologies quickly recognized by the market and promote the industry’sprogress.
2, the developmentof energy saving, new materials and other aspects of the standard to promotethe valve industry restructuring
China’s natural resources are limited, so thedevelopment of energy-saving, water-saving, materials, the standard is thedevelopment of one of the standards of the valve. Speed up the elimination oflow efficiency, energy consumption of large products, adjust the industrialstructure, promote new technologies, new product development and application.
Valve in thematerial, the focus is to study new materials, with new materials instead ofmetal materials, to achieve the purpose of saving steel and precious metals.
- Published in INDUSTRIAL NEWS
Innational Marine economy demonstration zone of scientific development to speed up the construction and implementation of ocean strategy under the background of strong city, tianjin to act quickly, formed to promote the development of Marine engineering equipment manufacturing ideas, focus on developing port machinery, Marine transportation equipment, offshore oil platform, keyequipment and system and so on ten big Marine engineering equipment, forming abatch of strong innovation ability, development potential, high economicbenefit of the Marine industrial cluster, in 2020, ocean engineering equipment manufacturing industry output value reached 100 billion yuan in the city.
“Film day film company last year, this year’s haihua technology development center and the national ocean technologycenter support continuous access to the national ministry of science andtechnology project, tianjin Marine technology in the domestic leading position,coupled with the tianjin port and manufacturing advantages, the implementation of the strategy for the ocean city as soon as possible to convert comparative advantage into industry advantage and competitive advantage, is verysignificant.” The relevant person in charge of committee of tianjin by letter.
According to introducing, tianjin Marine equipment manufacturing has been developing rapidly in recent years, graduallyform of comparative advantage, offshore drilling platform with the module andplatform construction of capacity of within 300 meters water depth; Formed 2 milliontons ship repairing ability, develop the geophysical exploration ships,engineering survey ships, 150000 tons of FPSO and other Marine engineering equipment train; High pressure resistance, corrosion resistance of oil casingand the bottom of the sea of flexible composite hose technology such as Marineequipment technology breakthroughs in deep waters, the product has been used atsea and sea oil drilling.
- Published in INDUSTRIAL NEWS
Non-oil privatesector activity in Dubai dipped slightly last month from a high of 23 months that was recorded duringJanuary, but overall business conditions remained robust, according to a keyeconomy tracking gauge.
The Emirates NBD Dubai Economy Tracker Index fell to 56.2 in February from 57.1 in January.
A reading above 50indicates that the non-oil economy is expanding, while below 50 suggests thatit is contracting.
The gains in themeasure were driven by wholesale and retail, for the first time in six months.But while businesses were producing more, they were not hiring as much, thedata showed.
“The February Dubai Economy Tracker survey continues to show robust expansion in Dubai’s non-oil privatesector,” said Khatija Haque, head of Mena research at Emirates NBD.
“Strong growth in output and new orders, which points to solid GDP growth in Q1 2017,is not being reflected in higher employment, however, and competition continuesto weigh on selling prices. ”
Overall for the UAE, non-oil private activity was on the rise last month, according to the Purchasing Managers’ Index (PMI), sponsored by Emirates NBD, that was release dearlier this week.
The PMI survey,produced by IHS Markit, hit a 17-month high of 56 in February, up from 55.3 inJanuary.
Average selling prices rose for the first time in almost one-and-a-half years, as companies passed on to clients part of their additional costs to protect margins.
New business increased last month at its fastest rate since September 2015, and higherexport orders meant that companies raised output further. This in turn meantextra staff were hired, but the pace of job creation softened to its weakest infour months, according to the index.
The Minister of Economy, Sultan Al Mansouri, said this week that he expects GDP growth to reach3.5 to 4 per cent this year, boosted by higher oil prices and infrastructure projectsunder way ahead of Expo 2020.
That compares withgrowth of about 3.7 per cent last year, he said, a somewhat more sanguineassessment than those of independent economists such as the IMF.
While some datasuggest that the economy may be on the cusp of a rebound, many economists stillremain cautious about a full economic recovery in the short-term as oil pricesstill remain far below 2014 levels.
Standard Chartered reduced its UAE GDP growth forecast to 2.1 per cent this year from 3 per cent,but expects the economy to grow by 3.5 per cent in 2018, ahead of Expo 2020 in Dubai.
- Published in COMPANY NEWS