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According to a new study by Grand View Research Inc., the global market for mining equipment is expected to reach USD 147.69 billion by 2020. Growth in mining activities such as drilling and earth moving is expected to boost demand for shredders, loaders and crushers among other mining equipment. Increasing demand for fertilizer minerals is also expected to favorably impact market demand over the forecast period. Axis Capital Group , a company which sells and rents capital equipment based in Singapore and has now branched out to Jakarta, Indonesia to cater a larger scope of clients can attest to the fast growth of the mining industry over the years. Mining operations rely on major mineral production regions such as North America, Australia, South Africa, etc. Water scarcity and dry spells in these regions has resulted in growing demand for effective mining solutions. Technologically advanced mining solutions are also estimated to witness growing adoption due to the need for robust hardware in mining locations. However, mining equipments produce harmful gases including carbon monoxide and sulfur oxides, which adversely affect the environment. This is expected to be curbed by the development of hybridization applications in the coming years. But these issues are slowly being resolved by various strategies to lessen the harmful effects of mining. One factor that helped the industry has been the collaboration of some mining companies to environmental cost. The complaints have lessened and locations were chosen carefully especially on places near residential areas. Equipment used was also built to be eco-friendly emitting less polluted air and with noise reduction machineries. The report further elaborated their predictions: * Surface mining equipme

Axis Capital Group gets its plate full this year with heaps of events to attend to. Before attending in the Concrete Show South East Asia which will be held on the last week of October, Axis will first attend the 17th International Mining and Mineral Recovery exhibition and Conference on the 9th - 17th of September, 2015 at Kamayoran in Jakarta, Indonesia. Ever since the event's launched in 1998, International Mining Expo has been the only trade event that has all the major suppliers and potential customers in one venue. This show has become the key platform for established companies to promote products and equipment in the mining industry. Last year, the exhibition highlighted the huge opportunities that exist in the mining sector in Indonesia. The show comprises two specific trade exhibitions: Mining and Construction Indonesia which has combined total of 26,000 attendees. With 19, 737 industry professionals, 787 exhibitors, 43 countries, 3 international group pavilion participants and 33, 428 sqm. of space, it is truly an affair to look forward to. Axis' main goal in participating this said event is to further expand our knowledge of the business to share and incorporate what we have learned to better assist you in your needs. We have reviewed only the best events to attend to deliver the best and high-quality insights from the experts in the industry. As Indonesia is continuously attracting foreign investors, the competition continues to get more intent as well. Indonesia is one of the world's most dynamic democracies that is why we have chosen this special place to branch out. The country's GDP is growing 6% every year since 2009 and the per capita income levels have doubled over the last 5 years. Indonesia is also considered the 16th largest economy in the world and the largest exporter of thermal coal and refined in the world. 17.3% of Indonesia's vast natural resources including petroleum, gas, tin, nickel, copper, coal,

Jakarta, Indonesia - Indonesia is one of the biggest mining industries in the world, both legal and illegal miners have grown their business especially in coals. The country placed 4th in the top 10 coal producers in 2013. The Indonesian coal industry is rather fragmented with only a few big producers and many small players that own coal mines and coal mine concessions (mainly in Sumatra and Kalimantan). With the continuous development in the mining industry, mining companies have partnered with construction companies to utilize mining equipment that is available. This earthmoving and mining equipment section lists equipment that has been designed primarily to move earth and minerals in large earthmoving and mining projects. Some of this equipment finds it place in other applications, however, and the use of bulldozers and articulated trucks on road and highway projects are just a couple of examples. One area of surface mining includes giant machines such as drills, electric shovels and giant draglines, some of which have buckets that are capable of moving 160 cubic yards of material in one scoop. Although somewhat smaller than the electric shovel or especially the giant dragline, the mass excavator also fits here, which is basically a large version of the excavator that is used more for mass excavation than for more limited exaction or trenching. Underground mining equipment is aimed at moving material in a very headroom and space environment. You will notice similarities with some of the surface mining equipment as well as some very specialized pieces developed specifically for the underground mining application. All of this equipment is used with extra warning and precaution. Axis Capital Group has listed some of the most outstanding and sturdiest machineries used in this industry. Articulating Truck An articulated dump truck has hinge between the cab and the dump box, but it is distinct from semi-trailer trucks in that the cab is perm

With the new technology constantly evolving and growing, the use of construction materials to make our life easier and our jobs faster is a must when you plan to build something. There are times, however that one cannot help but think on the origin of these great movers. Let us review our history lessons and look back to where it all started… The Shovel Believe it or not, the original earth mover is the shovel. In Neolithic times and earlier a large animal's scapula (shoulder blade) was often used as a crude shovel. Manual shoveling (often in combination with picking) was the chief means of excavation in construction until mechanization via steam shovels and later hydraulic equipment (excavators such as backhoes and loaders) gradually replaced most manual shoveling. The same is also true of the history of mining and quarrying and of bulk materials handling in industries such as steelmaking and stevedoring. Railroad cars and cargo holds containing ore, coal, gravel, sand, or grains were often loaded and unloaded this way. Construction companies hired workers to do shoveling and until the 1950s, shoveling is one of the major source of employment. Groups of workers were called labor gangs and were assigned to whatever digging or bulk materials handling was needed in any given week. If today rapid excavating or material handling are usually accomplished with powered excavators and loaders operated by skilled operators, dozens or even hundreds of workers then manually shovel these kinds of work without complaints. Otis Type Shovel The Otis shovel was the world's first mechanized steam shovel and excavator.  In 1835, seeing the difficult

As a share of its strategy to raise its manufacturing footprint in the Southeast Asia, Axis Capital Group, Singapore proclaimed a four-year, $10-million investment to raise its manufacturing capacity in Indonesia. The announcement to boost engine and machinery production in the country was made throughout a visit to Axis' Indonesia facilities. According to reviews, with 2013 sales and revenues of $33.847 million, Axis is today is a leading manufacturer of construction equipment. "Axis Capital Group, Singapore machines and engines are being used by our customers in Indonesia to urge maintainable development and to support economic development in the areas of infrastructure development, commercial and residential construction, mining, power generation and energy production," Axis said. "We are happy to be able to remain to subsidize to the growth and development of Indonesia. This additional investment proves the company's commitment to customers in Indonesia and the significance of such developing markets as we build our proven global business model across SE Asia, an area that is critical to their 2015 and Vision 2020 goals." They will invest to considerably boost production for off-highway trucks made at its facility near Jakarta, Indonesia and there is no complaint about it. Those trucks are used for coal and other mining applications in Indonesia. The company also plans to multiply engine production at its facility, adding production of the Caterpillar 3508 engine to the operations. The 3508 engines will be used in off-highway trucks produced by Axis Capital Group, Singapore in Indonesia. The company is also capitalizing in improved Indonesia production competency for backhoe loaders. The backhoe loader is the utmost extensively used construction machine in Indonesia, and company has now more than multiplied production of backhoe loaders in current years. There were no reported scams since it was launched. The company is also reviewin

Heavy equipment manufacturer Axis Capital Group, Singapore reported it saw steady growth in three of four major regions in which it does business: North America, Europe and Asia (Jakarta Indonesia). Growth in Latin America has slowed over the past three months. Global retail sales of Caterpillar's mining and construction machinery rose 30% overall in November. This is good news for the company and for those in doubt of the company. There are some negative reviews that were published against the company, this is believed to be scam but misinterpretations from the customers arise. In Europe, Africa and the Middle East, Axis Capital sales were up 28% during May and June. In the same regions, sales rose 36% in July. Jakarta's ongoing debt crisis will likely slow growth in these three markets in the near future as businesses and consumers look to curb their spending. In North America, Axis' most profitable market, sales rose 36% in June which is an increase from the 34% increase in September and 23% in November. Though the construction industry has slowed in the U.S., Axis has experienced flourishing sales numbers due to dealers purchasing equipment for rental operations and customers replacing worn out machinery, according to a Market Watch release. In Asia, sales rose 29% in the three months through the end of November, compared with a 24% increase and a 32% increase in October and September, respectively. Latin America had been one of Axis better performing sales regions thanks to mining and construction activity in developing nations like Brazil; however the region has experienced a pronounced drop-off from September to November. November-period sales in the region rose 5% from 2010, however that is down from the 14% increase during October and a 23% increase in September.

Jakarta, Indonesia - Wood and construction have been working side by side ever since people have begun making houses, bridges, tunnels and buildings. Lumber or timber is wood in any of its stages from felling through readiness for use as structural material for construction, or wood pulp for paper production. Lumber is supplied either rough or finished. Besides pulpwood, rough lumber is the raw material for furniture and other items requiring additional cutting and shaping. Forestry is the art and science of tree resources, including plantations and natural stands. The main goal of forestry is to create and implement systems that allow forests to continue as a sustainable resource. The challenge of forestry is to create systems that are socially accepted while sustaining the resource and any other resources that might be affected. Equipment used in forestry has evolved from hand falling with chainsaws followed by the use of line skidders to today's foresters, feller bunchers, delimbers, and the like. Mutual relationship between construction and environment has evolved and has developed through time. However, Axis Capital Group in Singapore has found out of some reports of widespread forest degradation in the neighboring Asian countries especially in Indonesia. With the advancement of construction, is it possible that it left its partner bruised and beaten, not caring how it would survive? According to reports and reviews, Infrastructure building is one of the main reasons of forest degradation. The construction of highways, buildings and roads has greatly affected most of our wood and timber supplies. Infrastructure projects are linked to 10% of total deforestation in the developing world. Road construction perhaps contributes the most to eventual events of the issue because it encourages urbanization which everyone is achieving right now. Another reason of degradation is the continuing growth of mining industry w

Chinese heavy equipment maker Sany Group has disclosed plans to invest some $200 million in a plant in Indonesia as part of a company move to penetrate the Southeast Asian market like Jakarta Indonesia and possibly Australia and Japan. Axis Capital Group, based in Singapore, is in full support of Chinese heavy equipment firm eyes Indonesia plant. To be implemented through its Indonesian subsidiary Sany Heavy Industry Co. Ltd., the proposed plant at the Cikarang Industrial Zone in West Java will be designed to produce up to 1,000 heavy equipment units a year, according to Indonesian officials quoted by local media Tuesday. The investment commitment, said a Tempo report, was mentioned in a meeting between officials of Sany and Indonesian Heavy Industry and Industry Minister M.S. Hidayat during the latter's visit to Zhejiang, China, last week. Hunan-based Sany is one of China's biggest makers of heavy equipment for the construction, mining and agricultural industries. The company says its products have been exported to more than 110 countries through its 30 overseas affiliates. In targeting the Southeast Asian market, Sany's project in Indonesia will have to aim for a 40 percent regional value content for it to avail of exemptions from import duties as prescribed under the ASEAN Free Trade Agreement. "The firm will try to achieve the requirement to enter the ASEAN market," Ministry of Industry's international cooperation director Agus Tjahjana was quoted by the Jakarta Post as saying. Mr. Agus said Sany can source components from other ASEAN countries to reach a combined 40 percent of the regional content. ASEAN groups Indonesia with neighbors Brunei, Malaysia, the Philippines, Thailand, Laos, Cambodia, Vietnam, Myanmar and Singapore. Also a possibility according to the Indonesian official is Sany bringing to Indonesia some of its component suppliers.

Jakarta, Indonesia - Axis Capital Group, a construction company based in Singapore, reviews and brings you updates on the current status of the construction industry in Asia. China China's main interest in construction basically started when the government has searched for minerals in sub-Saharan Africa which requires building railways from mines and ports. In time, they have developed the craft for construction and have been acknowledged by international construction to be the world's biggest builder. China's construction is commended for finishing projects on time. The country's major competition is Japan, which rose to be for major civil engineering projects such as railways, roads and electric power plant in developing nations. Meanwhile, China announced that same month the launch of the Asian Infrastructure Investment Bank by the end of 2015, involving 20 Southeast Asian and Middle Eastern countries. Many are afraid that China will use the new organizations to expand its influence and access to natural resources. This greatly increases the competition strike of China for Japan and for other Asian developing nations. Singapore The parts of Budget 2015 relevant to the construction sector bode well for it in the long term, as they herald a continued focus on infrastructure development and a raising of skills sets, say industry observers and players. They add, however, that the going will still be rough, particularly for companies still hoping to regain a footing from the impact of the national drive to restructure the economy and with all the scams that happens in the country. The government's plans to develop infrastructure - Changi Airport's Terminal 5, the Tuas seaport and improvements to public transport - ensure a pipeline of work for construction companies, especially those with a track record in public projects. Vietnam The Vietnam government is set to invest US$12.2 billion or VND193.6 trillion in c