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Pennsylvania Gov. Edward Rendell has approved a bill that establishes a $500 million fund to support alternative energy projects. Special Session House Bill 1 authorizes the Commonwealth Financing Authority to borrow $500 million, most of which will be split into six funding sources relating to energy efficiency and renewable energy: $80 million in grants and loans for solar energy projects; $100 million in grants, loans, and rebates for up to 35 percent of the cost of solar energy projects at residences and small businesses; $165 million in grants and loans for alternative energy projects, excluding solar energy, at businesses and local government facilities; $25 million for wind and geothermal energy projects; $40 million to help start-up businesses involved in energy efficiency technologies; and $25 million in grants and loans to improve the energy efficiency of new and existing homes and small business buildings.

Rohm and Haas Company has reported second quarter 2008 sales of $2,567 million, a 17% increase over the same period in 2007, with Electronic Materials and the chemical businesses outside North America delivering strong growth. The Electronic Materials Group comprises two reportable segments which provide materials for use in applications such as telecommunications, consumer electronics and household appliances. Sales for the Electronic Materials Group were $536 million in the second quarter of 2008, up 34% over the same period in 2007, reflecting the impact of acquisitions in Display Technologies as well as solid organic growth of Electronic Technologies. The Electronic Technologies segment is comprised of the company's Semiconductor Technologies, Circuit Board Technologies and Packaging and Finishing Technologies business units. Sales for the segment of $460 million were up 16% versus the second quarter of 2007, driven by strong growth in Asia for all business units. Sales in the second quarter excluding precious metals pass-through sales were up 15%. Semiconductor Technologies sales grew 13%, reflecting strong demand and favorable currencies, particularly in the Asia Pacific Region. Circuit Board Technologies sales increased 20% as compared to the same period last year, with solid growth in the Asia Pacific Region more than offsetting declines in North America. Packaging and Finishing Technologies sales rose 20% versus last year, primarily driven by strong growth in precious metal sales and in process sales. Adjusted pre-tax earnings for this segment of $107 million were up 11% from the second quarter of 2007, reflecting increased demand and favorable currencies, partially offset by higher metal costs and increased costs related to expansion efforts, including the new Asia Technical Center in Taiwan.\n\n\n

Growth in Asia is illustrated from this reporting at multiple levels of business - Opportunities are available for copper in a multitude of applications.

Focus on European Smart Grids by Michael Setters, Smart Electric News London, UK [RenewableEnergyWorld.com] A host of initiatives across Europe has led to an explosion in interest into how -- and where -- smart grids will be implemented and deployed. According to Jose Antonio Vanderhorst-Silverio, a leading voice in the Electricity industry, "It is clear that dramatic change is coming in the future for the electric utility industry...the way energy is generated, delivered and consumed [is] substantially changing the whole business model. This change is coming to a piece of the industry that hasn't been known for radical change over its 120 plus year history... Implementation of the Smart Grid will require a complete rethinking of the utility business model and business processes."

Fujikura Ltd, the Japanese wire and cable manufacturer, announced on 4th February that it will cut 300 staff as part of an effort to restructure its business units. The company said it will reorganise its business into three units; energies/telecoms, electronics and automotive electronic components. The company also said that it will seek to consolidate its Japanese business in 2013 by cutting staff, whilst reinforcing its automotive components businesses and growing its overseas businesses. Fujikura Ltd announced that it is revising down its estimates for 2012 operating revenue by JPY1B (USD10.8M) to JPY7B(USD75.5M).

Furukawa Electric Co. announced recently that it has closed its Tochigi-based Imaichi No.1 copper foil plant. The operation, which had been producing electrolytic copper foil for use in circuit boards in the electronics industry, will be moved to Taiwan to reduce costs. The company cited reduced profitability and rising electricity prices as reasons for the decision. The company also announced it will shut most of its operations at its Imaichi No. 2 plant by the end of September.

""We have developed several new solutions, which can provide clear weight and cost saving opportunities to manufacturers of such commercial vehicles as trucks, buses as well as agricultural, industrial and construction equipment", stated Dr Andreas Brand, member of Leoni AG's Management Board with responsibility for the Wiring Systems Division. "We are confident that we will grow our business with the CV industry by more than five per cent per year until 2025." Alternative conductors save weight and cost In terms of weight optimisation, Leoni can reduce the harnesses' weight by replacing conventional wires. Alongside copper wires with smaller cross-sections, the Company provides the CV market with a range of wires made of aluminium for the power segment, i.e. with a cross-section between 10 mm2 and 110 mm2 and even larger. Although the aluminium conductors have a larger cross-section in order to deliver the same electrical conductivity, aluminium technology results in a noticeable weight reduction. On its booth, Leoni will show its busbar, a solid aluminium conductor, which can be bent in three dimensions and weighs only about half as much as the conventional copper component. Leoni will also show various conductor solutions based on copper. These can be used where mechanical strength as well as electrical conductivity is required. For example, a copper wire with a cross-section of 0.75 mm² could potentially be replaced by a smaller wire cross section, such as a 0.50 mm² or a 0.35 mm². Thanks to the use of less conductor material, Leoni's customers can not just reduce the weight of their vehicles, but also benefit in terms of cost savings."

DuPont Photovoltaic Fluoromaterials (PVFM) announced that it has signed a Technology Licensing Agreement with Toppan Inc. Printing Co. LTD, located in Tokyo, Japan, to commercialize its new backsheet for solar photovoltaic (PV) modules. This technical and business deal with Toppan is in line with the PVFM strategic intent to significantly increase the availability of DuPont Tedlar films and backsheet for the fast growing PV market, according to the company. "This collaboration combines DuPont's proprietary technology for Tedlar polymer in backsheets, with Toppan's unique coating capability," said Kelly Kolliopoulos, global business manager of DuPont's Tedlar Division. "We view the new backsheet technology as complementary to our continuing activities to increase the supply of Tedlar films in order to meet the industry's growth and demand for Tedlar."

Sony Corp will invest $369 million (40 billion yen) to power up its lithium-ion battery production operations, adding new facilities and augmenting existing lines. The infusion, which Sony said is the first phase of investment in lithium-ion batteries the company is undertaking as part of efforts to reinforce core areas of its component and semiconductor business over the next three years, will be used to construct new production facilities and to enhance existing lines at Sony's lithium-ion battery production sites in Japan, the Motomiya Technology Center and Tochigi Technology Center of Sony Energy Device Corp. Sony said it is making the investment in response to the growing demand for lithium-ion batteries and that the new production facilities will focus on electrodes, battery cell production lines, and charge and discharge equipment, among other technologies. Sony further reminded its expanding lithium-ion battery production in Singapore and China, and said that in total its monthly production capacity will increase from the current level of 41 million cells per month to 74 million cells in 2010. Sony's $369 million investment will start in its current fiscal year and continue through the second half of its fiscal year 2010. Sony's fiscal Q1 2008 concluded in June. Meanwhile, Matsushita Electric Industrial Co recently committed $923 million (100 billion yen) to build a plant in Osaka, Japan, that is expected to bring its cell production to about 75 million a month from its current 25 million cells per month. Sanyo Electric Co has also reportedly announced plans to invest, promising $1.15 billion (125 billion yen) to develop its rechargeable-batteries business over the next three years. That investment is expected to increase cell output to 90 million per month from Sanyo's current 70 million cells per month. All three of the Japan-based companies last year suffered from loses brought on by their battery operations. Sony-made lithium-

GENERATION G | "Captures the growing importance of 'generosity' as a leading societal and business mindset. As consumers are disgusted with greed and its current dire consequences for the economy-and while that same upheaval has them longing more than ever for institutions that care-the need for more generosity beautifully coincides with the ongoing (and pre-recession) emergence of an online-fueled culture of individuals who share, give, engage, create and collaborate in large numbers.

Prysmian Cables & Systems said it expects its Chinese sales volumes to increase by 50% by 2010, an increase which has been aided by the opening of the company's fifth production plant in China. The company's sales increased by 16% year-on-year in 2007 and said that further growth opportunities were linked to the development of new infrastructure for energy and communications. Prysmian's new plant will be based in Tianjin and is expected to have an annual capacity of 10,000tpy including special cables for e.g. rail networks, mining and windfarms.

Prysmian S.p.A has announced its sales results for 2008. Sales amounted to Euro 5,144 million, exhibiting a 4.2% y-o-y organic growth. Adjusted EBITDA reached Euro 542 million, with a sales margin of 10.5% compared to 10.3% in 2007. Adjusted net income was Euro 332 million, up by 11% y-o-y. The group achieved strong performance in its utilities business, which grew by 12.1% y-o-y. This is attributed to positive performance of high voltage underground and submarine cables. The trade and installers business contracted by 5% due to the slowdown in the construction industry. Industrial cables exhibited organic growth of 5% mainly because of positive performance in the oil and gas, and renewable energy sectors.

Nexans, the world's largest cable maker, has announced its sales results for Q1 2009. In the three months to March 31, sales amounted to 1.245 billion euros (US$1.61 billion), down by 28.5% compared with the same period in 2008 at constant metal prices. Net debt at the end of Q1 was reduced to 362 million euros (US$468 million) compared to 536 million euros (US$693 million) at the end of Q4 2008. The company said that in response to the economic crisis, it will accelerate restructuring and cut the workforce by 900. Nexans has restructured its business in Canada while it intends to shut down its Building Cable business in Germany. Further plans may be announced mainly in Europe.

Hitachi Cable Ltd., has set out its new medium-term management plan known as the Renewed Plan "BRIDGE" with additional management measures. The company said under the new plan, key measures for business structure reforms included; the consolidation of its domestic sales companies, regional offices and branch offices, with the consolidated company taking operational control of all its existing manufacturing companies; the withdrawal from the optical submarines cable business, restructuring of its telecommunications cable business, review of packaging materials operations and a review of its copper tubes business; consolidations and eliminations of group companies in southeast Asia and consolidation of group companies in Europe and North America by country. This is in addition to a reduction in staff at domestic companies which is expected to involve some 1200 staff. The company will also implement measures to reduce fixed expenses. This includes a review of the company's pension system, an operational review of employee facilities including company dormitories, company housing, etc., and the sale of some of these facilities. The Hitachi Group aims to boost sales in priority target areas as a percentage of net sales from 55% in fiscal 2011 to 65% in fiscal 2016.

"He concludes that standard macroeconomic factors alone (growth, interest rates, global growth, and global financial market volatility) fail to fully explain the recent investment deceleration. He further concludes that while the importance of structural factors in explaining the recent weakening of aggregate investment is not entirely clear, at the micro level, panel data analysis suggests that improving the business environment by reducing costs of doing business, deepening the financial system, and developing infrastructure, could stimulate corporate investment." The IMF's (2013a) recent staff report on India argues that several causes of weaker growth seem to be of a supply-side nature. The following key factors are listed as possible contributors to the recent investment slowdown: Rising policy uncertainty. In particular, high profile tax policy decisions announced in the 2012/13 Budget have reduced foreign investors' interest in India, while the increasing difficulty of obtaining land use and environmental permits have raised regulatory uncertainty for infrastructure and other large-scale projects. Delayed project approvals and implementation. As a reaction to high-profile governance scandals, project approvals, clearances, and implementation have slowed sharply. Supply bottlenecks are particularly pronounced in mining and power, with attendant consequences for the broader economy, especially manufacturing.

"How can we measure ROI? The more general the market research objective, the more difficult it is to achieve a ROI measurement. In possibly half the market research projects that are commissioned, it is likely to be difficult, if not impossible, to measure the ROI. For these projects though, a more subjective approach would be useful to justify the market research expenditure. For example, to the question 'what is the risk to the business of taking a decision without market intelligence?' the importance of the business decision can be ranked from 1-5, where 1 is low and 5 is high. If the answer to it is a score of 4 or 5, then market research could be justified. Where is the measurement most feasible? It is clear that the measurement of market research ROI is a valid concept, even though there are inherent difficulties in doing so. It is worth holding a post mortem after every research study is completed to judge the success of the project and whether it was financially justified. In other words, a straightforward satisfaction score on the research project may, in itself, be as good a measure as any."

Furukawa Electric Co, the Japanese maker of wire, cable and copper semis announced on 15th April that it will consolidate its copper plate and strip business at its Nikko Offices. Company President Mitsuyoshi Shibata indicated that the company was taking contingencies for 10% drop in demand for copper sheets and strips, including consolidating finishing mills and casting lines. The company is in the midst of a large restructuring taking steps including closing its magnet wires business and off-shoring copper foil production to Taiwan.

"We take great pleasure in introducing our „new guy on the block" to you: in January 2015 Dr. Alf-Joachim Harkort assumed the position of Senior Vice President of our Business Group Conductors & Copper solutions. "