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Jon Barnes

Mueller Industries posts weaker Q2 earnings - 0 views

shared by Jon Barnes on 22 May 08 - Cached
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    US speciality brass mill Ansonia Copper and Brass Inc. has announced that it will lay off 85 of the 102 employees at its Liberty Street, Ansonia, factory in Connecticut. The plant manufactures copper alloy rod and wires. Company President Raymond McGee said "it's a very, very difficult situation". He blamed the redundancies, on top of 76 employees laid off in April 2007, on the company's struggle with escalating costs. Since 2002 electricity costs have soared 239%, natural gas 200%, fuel oil 125%, and copper and nickel 500% apiece. Ansonia's other facility in Waterbury, CT, which manufacturers copper alloy tube is unaffected by the announcement.
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    Tough times in the US brass mill industry
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    Dowa Metanix announces capacity increase Company announces new pickling line and facility renewal Dowa Metanix, the rolled copper maker of the Dowa Metaltech group announced it will invest around ¥2 billion (US$ 19 million) in a new pickling line and renewal facility during the current fiscal year which began in April 2008. The new pickling line is expected to begin operations early in the fiscal year 2009 and the new line and improved facilities are expected to improve the firm's cost competitiveness. The company then said it plans to expand output capacity by 40% to 1,200 tonnes per month by 2010 as it tries to improve productivity to increase its supply for connector pins and semi conductor lead frames.
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    In the past few days world leading cablemaker Nexans has announced one acquisition, one new joint venture and one asset disposal. On the 30th May, Nexans acquired Intercond a leading Italian manufacturer of special cables for industrial equipment and subsea applications. The company had sales of €90m and employs 150. "This [€90m] acquisition fits totally in the Group's strategy by increasing the proportion of its business in high value-added special cables", said Gerard Hauser, Chairman and CEO of Nexans. On the 2nd June, Nexans released a press report confirming that it has formed a joint venture to create a wire and cable plant in Qatar, the country's first manufacturing facility. Qatar International Cable Company (QICC) is owned 29% by Nexans with the balance being owned by Special Projects Company and Al Neama Industrial Co. The new plant in the industrial city of Mesaleed, 40km from Doha, and will employ 210 people. By the end of 2009 it will begin manufacturing low and medium voltage cables for buildings and energy infrastructure as well as special cables for the oil and gas industry. This JV will generate sales of $150m per year by 2010 at current copper prices. Finally, Nexans confirmed that it has completed the pre-announced sale of its copper telecom cable plant at Santander in Spain to the British company B3 Cable Solutions for €17m. These three actions continue to refocus the group's strategy on priority market segments.
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    Hot on the heels of the news that Nexans was to build a joint venture in Qatar to construct the country's first wire and cable factory , comes today's news that El Sewedy Cables of Egypt is also to build a $150m power cable plant in Qatar. The 30,000tpy capacity plant will start operating at the end of 2009 or early 2010 and will mostly sell to the domestic market. El Sewedy will own 50% of the company and Qataru based Aamal Holding will hold the remainder. El Sewedy is currently building new cable factories in Algeria and Saudi Arabia, with both expected to start later this year.
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    Turkish copper semis producer Sarkuysan expects its output of copper products (wirerod, wire, tube and billet) to rise from 185,000 tonnes in 2007 to around 200,000 tonnes in 2008. According to the General Manager Hayrettin Cayci, "The market is forcing us to increase production as demand, particularly in Turkey, is very healthy", adding that demand came mainly from a Turkish property construction boom. "There's a big boom in demand for energy cables. Plus developed European countries have pulled away from cable production and they're mainly supplying from countries like Turkey". However, high copper prices have eroded profit margins so the company is focussing on more higher value products. He expected total Turkish copper demand (refined and scrap) to rise above 500,000 tonnes this year, from 450,000 tonnes now, and by 2010 he expected demand would reach 600,000 tonnes. Refined copper consumption is currently around 300,000 tonnes.
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    The Exsym Corporation, the joint venture between SWCC Showa Holdings and Mitsubishi Cable Industries, has announced plans to expand its exports of ultra high voltage cables to the Middle East and South East Asia. In order to meet this increase in demand, a horizontal sheathing line has been transferred to the company's Aichi plant in Japan. This will bring the number of sheathing lines for ultra high voltage cables at the plant to three, once the transferred line begins commercial operation over the summer. Exsym also plans to renew one of the two conductor stranding lines at the Aichi plant with the new line expected to begin commercial operation in November 2008. With these new lines as well as an increased number of construction staff, copper cable capacity at the plant is expected to grow by around 200 tonnes per month to 1,200 tonnes per month. In the fiscal year 2007, Exsym posted revenue of ¥41 billion ($0.39 billion) with an operating profit of almost ¥2 billion ($0.02 billion). Exports of ultra high voltage cables to the Middle East and South East Asia accounted for around 40% of the total revenue. The company expects the increase in export capacity to increase revenue to ¥43 billion ($0.41 billion) per year by the end of the fiscal year 2010.
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    Mitsubishi Shindoh is to invest Yen6-7 billion to expand production of copper strips at its Sambo plant in Osaka, Japan. This will increase capacity from 3,200 tonnes per month (tpm) to 4,200tpm by March 2010. In addition, the company will transfer 800tpm of copper strip production from its plant in Wakamatsu, Fukushima, Japan, bringing total production capacity to 5,000tpm. Mitsubishi Shindoh will also spend Yen6 billion to improve its copper alloy strip capabilities at its Wakamatsu plant. Productive capacity will remain at 6,500tpm, but with an increased ratio of high quality products. As a result, total company capacity will grow by 40% to 11,500tpm. Mitsubishi Shindoh is a copper and copper alloy fabricator within the Mitsubishi Materials Group. Japan mills have recently seen a strong growth in orders from the semiconductor, leadframe, connector and automotive industries, and clearly expect this to continue.
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    Hindalco Industries and Sterlite Industries - the two privately owned Indian copper smelter/refinery/rod producers - are considering changing their domestic pricing mechanism for copper due to the dramatic rise in oil prices. At present, a uniform pricing system for customers all over the country is in place, however, the companies are mulling a change to ex-works pricing. This would mean that customers would be charged a different price depending on their delivery destination from the smelter. To balance the recent hike in fuel prices, they had recently started levying a Rs2/kg freight charge across the country irrespective of distance. Diesel is used in firing the furnaces while furnace oil is used in running them. The total fuel cost is estimated at 10-12% of the price of copper, with 1% of this being the transportation cost. The fuel price hike has not affected domestic copper demand as yet, but a prolonged period of this sentiment may hit many developing infrastructure projects badly.
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    Jiangxi Copper said it expects Chinese refined copper consumption to grow at 8-10% this year driven by investment in the power industry. Power generation accounts for between 50-60% of all copper used in China. Damage to power generation capacity caused by this year's earthquake in Sichuan province will require a major rebuilding program which will also stimulate copper consumption. Chinese refined copper imports fell by 23% year on year between January and April, however, this decline was at least partly explained by a 23% expansion in Chinese refined copper production during the period. Wu Yuneng, General Manager of JCC Southern Copper said, "We need more concentrate and scrap rather than refined copper".
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    Four major Japanese copper tube producers plan to reduce production by 4% year-on-year to 84,220 tonnes in total during the first half of the fiscal year 2008 (April 07-March 08). It is reported that demand for copper tubes has fallen because of the inactive construction industry as well as high copper prices. The construction industry saw a major slowdown last year after the introduction of new building regulations. All four producers expected this weak trend to continue. Sumitomo Light Metal is the only producer who plans to increase its output estimate, but only by 1% year-on-year. Kobelco & Materials Copper Tube says that it would decrease normal tube output for export to adjust the inventory level at its Malaysian operation. Furukawa Electric and Hitachi Cable said they would need to focus more on their commercial tube businesses. It is believed that the tube market has also been hit by substitution from aluminium.
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    As of the 30th May, the Optical Cable Corporation acquired Superior Modular Products Incorporated (known in business as SMP Data Communications) in a deal worth $11.5 million. SMP Data Communications is now a wholly owned subsidiary of the Optical Cable Corporation. The President and CEO of Optical Cable, Neil Wilkin, said the acquisition would enable the company to expand its product offerings with more complete cabling and connectivity solutions, including fibre optic and copper connectivity. SMP Data Communications manufactures more than 2,000 products including cutting edge Category 6a connectivity solutions which offer a 10 Gig throughput.
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    A subsidiary of Japanese company Sumitomo Electric Industry Group, Sumitomo Electric Wintec Inc, has recently developed a new type of winding wire. The HGZ is a scratch-resistant winding wire for varnish impregnation for compressor motor. The company has started selling this new type of winding wire. This new development improves the adhesive tendency of varnish which solves the problem of varnish impregnation in fixing coil from traditional scratch-resistant winding wire. It also improves the energy efficiency of motor as it forms coil with higher density. Sumitomo Electric Wintec specialises in copper-based magnet wire and it serves mainly the manufacturers of air conditioners, automobiles, refrigeration equipment and televisions.
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    Luvata's ECO-Heatcraft division has launched a new technology for its air conditioning and refrigeration systems based upon using carbon dioxide as a refrigerant. The company believes that, as well as offering zero ozone depletion and less effect on global warming, the use of carbon dioxide can also allow more efficient operation of the system than traditional refrigerants. Luvata claims that, "The higher volumetric efficiency of carbon dioxide (known as R744) means that the cross sectional area of pipes used in heat transfer equipment can be reduced. As a result, equipment has the potential to be smaller, lighter, more efficient and better for the environment". The development of smaller diameter pipes with reduced wall thicknesses would tend to favour existing inner grooved copper tube based designs rather than emerging aluminium based technologies.
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    Further evidence of the impact of the North American economic slowdown on copper demand has recently been published by the ABMS and government statistical bodies. North American copper wirerod production plummeted 9.6% year-on-year to 174,000 tonnes in April. Output had been on a downward trend but the magnitude of the deterioration in April has still come as something of a surprise. A year-on-year increase of 2.0% in North American output January had been followed a 1.0% fall in February and a 2.7% drop in March. In April Canadian output was flat year-on-year due to improving export sales to the US, while US production fell 9.8% year-on-year and Mexican shipments slumped by 17.5%. On a year-to-date basis North American wirerod production was 2.9% lower in the four months to April 2008. Weakening demand from the automotive industry, coupled with a resurgance in copper prices and the return of Russian wirerod imports has clearly led to a deteriorating market situation for domestic mills.
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    Mueller Industries second quarter results highlight the tough times that the US brass mill industry is facing, but that companies can still operate profitably in a challenging market environment. The company's plumbing and refrigeration segment saw sales fall 11% to US$404m, while its operating profits dropped 32% to US$35m. The company blamed lower shipment volumes and lower spreads for the weaker performance. Sales at the company's OEM division, which includes its brass rod activities, rose 10% year-on-year to US$354m, while its operating profits rose 5% to US$19m. The improvement here is due to acquisition of Extruded Metals. Commenting on the results Harvey Karp, Chairman of Mueller Industries said "Mueller's earnings for the first half of 2008 were achieved despite the continuing decline in the housing industry, the sub-prime mortgage meltdown, the turbulence in the financial markets, rising metal costs, sky-high energy prices and a slowing national economy. Considering these adverse circumstances, we are pleased with the results."
Colin Bennett

Why smart streetlights are the gateway drug for smart grids - 0 views

  • But the LEDs are far from the full story. As long as cities are sending a truck out anyway, they are also installing other gadgets to take advantage of the fact that street lights a) already have power, b) are pervasive throughout the city and c) are perched on a high vantage. They are installing such things as: Communications modules to create a canopy network throughout the city Security cameras Proximetry sensors that dim the lights when there's no one around Software to strobe the lights to lead police and fire to the site of an emergency
Colin Bennett

Questions follow announcement of green superhighway - 0 views

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    Wisconsin regulatory officials, utility companies and environmentalists agree that more line capacity is needed to transport electricity generated by the growing number of wind farms. But they're not sure ITC's plan for giant-sized lines is the answer. Michael Vickerman, executive director of the Madison environmental group, Renew Wisconsin, said he has "reservations" about the need for 765-kilovolt lines. Smaller transmission upgrades can accommodate new wind generation, he said. Wisconsin Public Service Commission Chairman Eric Callisto also has questions. "I don't want to close any doors to what they have proposed but I have lots of grave concerns about the cost," he said. ITC is proposing "very large lines" that would require "very large right-of-ways," Callisto said. A right-of-way is the legal permission to use a property owner's land or the area above it.
Colin Bennett

China, South Korea, United States and Europe making big bets on mass produced graphene - 1 views

  • China has started mass production of graphene films used in production of cell phone and computer touch screens as a new production line began operation. The production line is in a graphene industrial park in southwest China's Chongqing Municipality. It can produce tens of millions of graphene films every year.
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    "China has started mass production of graphene films used in production of cell phone and computer touch screens as a new production line began operation. The production line is in a graphene industrial park in southwest China's Chongqing Municipality. It can produce tens of millions of graphene films every year."
Emma james

PetroChina to construct three oil products pipelines in China - Energy Construction - 0 views

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    The three pipelines, the Anning-Kunming-Qujing line, the Anning-Chu xiong-Dali-Baoshan line and the Anning-Yuxi-Mengzi-Wenshan line, once complete, will pump oil products to northeastern, northwestern and southern parts of Yunnan province.
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Sony Invests $369M to Expand Lithium-Ion Battery Production - 0 views

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    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-
Colin Bennett

Undergrounding 4,200 kilometres of electrical overhead power lines - 1 views

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    ""The planning of the cable laying began back in 2000 after a severe hurricane hit Denmark at the end of December 1999. Today, we've completed the cable laying, and I'm pleased that the consumers in our grid area no longer have to fear major power cuts when Mother Nature takes its toll causing trees to fall down on overhead line poles and power lines. Now that the power cables are buried in the ground, we can avoid this.""
Colin Bennett

Your Power Transmission News - Toshiba Reinforces Transmission & Distribution Equipment... - 0 views

  • A new line for large power transformers will come on line in spring 2015, at the same time as the full scale launch of a new line for switchgears.
James Wright

China - Hengyuan Copper begins operations of the first line in a phased copper products... - 0 views

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    Hengyuan Copper Co. Ltd., based in Shandong province, has started up commercial production of a newly installed 20,000t copper tube line. The company invested RMB380M in the line and expects to invest a further RMB581M to initially add a 10,000t/y copper wire line and then follow this with 170,000t/y of new copper products capacity for low oxygen copper wirerod and bar lines. The project is expected to reach completion by the end of 2014.
Colin Bennett

Types of Cables in Transmission Distribution - 0 views

  • Low-Voltage Cables "Transmission and Distribution Electrical Engineering" breaks down transmission and distribution cables into five separate categories. The most basic category is "low voltage." This includes cables used for telephone wires, as well as fire-retarded and resistant cables. These cables have the lowest maximum voltage of the four groups, ranging from 50 to 1,000 volts. Medium-Voltage Cables Medium-voltage cables --- which have a maximum capacity ranging from three to 7.2 kilovolts --- are the next class of transmission and distribution lines. These cables are typically used for solid dielectric and MI/MIND purposes. High-Voltage Cables The third class of transmission and distribution cables is high voltage. These power lines can carry a maximum voltage capacity of 10 to 150 kilovolts. While these cables can be used for the same purposes as low- and medium-voltage cables, their higher threshold makes them less cost-efficient than lower-grade wires. The main purposes of high-voltage wires include oil-filled cables, as well as gas-pressure or gas-insulated ducts. Very High-Voltage Cables Like medium- and high-voltage cables, very high-voltage lines are used for solid dielectric, oil-filled and gas-insulated ducts, but in situations where a higher maximum voltage is required. These cables have a maximum capacity of 150 to 300 kilovolts. Because of their very high-voltage capacity, these are typically transmission lines and not distribution lines.
Colin Bennett

EIA: U.S. electric system interconnections - 2 views

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    "In the United States, the power system consists of more than 7,300 power plants, nearly 160,000 miles of high-voltage power lines, and millions of low-voltage power lines and distribution transformers, which connect 145 million customers."
Colin Bennett

Separating telco facts from fiction - 0 views

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    The copper network is decaying, but who cares, its being substituted for mobility. Our research showed that across 2010 and 2011, looking at almost 100,000 fixed lines, that 21 per cent of these fixed lines had no call traffic at all.
Glycon Garcia

Donald Sadoway: The missing link to renewable energy | Video on TED.com - 0 views

  • Donald Sadoway: The missing link to renewable energy
  • What's the key to using alternative energy, like solar and wind? Storage -- so we can have power on tap even when the sun's not out and the wind's not blowing. In this accessible, inspiring talk, Donald Sadoway takes to the blackboard to show us the future of large-scale batteries that store renewable energy. As he says: "We need to think about the problem differently. We need to think big. We need to think cheap." Donald S
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    "Donald Sadoway: The missing link to renewable energy Tweet this talk! (we'll add the headline and the URL) Post to: Share on Twitter Email This Favorite Download inShare Share on StumbleUpon Share on Reddit Share on Facebook TED Conversations Got an idea, question, or debate inspired by this talk? Start a TED Conversation, or join one of these: Green Home Energy=Hydrogen Generators-alternative sources Started by Kathleen Gilligan-Smith 1 Comment What is the real missing link in renewable energy? Started by Enrico Petrucco 8 Comments Comment on this Talk 60 total comments Sign in to add comments or Join (It's free and fast!) Sort By: smily raichel 0 Reply Less than 5 minutes ago: Nice smily raichel 0 Reply Less than 5 minutes ago: Good David Mackey 0 Reply 3 hours ago: Superb invention, but I would suggest one more standard mantra that they should move on from and that is the idea of power being supplied by a centralised grid. This technology seems to me to be much more beneficial on a local scale, what if every home had its own battery, then home power generation becomes economically more viable for everyone. If you could show that a system like this could pay for itself in say 5 years then every home would want one. Plus for this to be implemented on a large scale requires massive investment that could be decades away. Share the technology and lets get it in homes by next year. Great ted talk. Jon Senior 0 Reply 1 hour ago: I agree 100%. Localised energy production would also make energy consumers more conscious of their consumption and encourage efforts to reduce it. We can invent and invent all we want, but the fast solution to allowing renewable energies to take centre stage is to reduce the base energy draw. With lower baseline consumption, smaller "always on" generators are required to keep the grid operational. Town and house-l
Colin Bennett

Nexans' innovative overhead line technology helps Brazil solve electricity transmission... - 1 views

  • Resulting from a five-year development programme involving Nexans’ technology centres in France and Belgium, this innovative overhead line technology consists in a thermal resistant aluminium conductor wrapped around a composite carbon core. Compared with a traditional ACSR (Aluminium Conductor Steel Reinforced) which uses steel core, the composite carbon core of the same diameter is much lighter and 50 percent stronger. Most importantly, the carbon core’s coefficient of thermal expansion is roughly one tenth of that of steel, so it expands (and ‘sags’) much less when heated by the high current flowing in the conductor, enabling the vital safety clearances to be maintained between the conductor and the ground, even at high operating temperatures.
Colin Bennett

Southwire expands product line in to tools - 0 views

  • Long known as a powerful brand in the wire and cable industry and for “real change” that empowers electrical contractors and installers, Southwire is now expanding its product line, unveiling Southwire™ Electrician’s Tools, a natural extension to Southwire’s Maxis Contractor Equipment line. Extensive research has identified an opportunity for Southwire to enter into the marketplace and it has eagerly done so, unveiling an impressive suite of tool products.
Colin Bennett

South American smart grid market at the starting line - 0 views

  • Quick Take: Smart grid sales in South America are still relatively modest... but they are poised to hit significant numbers once they finally begin. As you will read below, South America is unlikely to be dominated by smart meters, as was the case in North America. (Even though energy theft is worse than in any other region, a situation that smart meters could help to improve). Instead, distribution automation will lead the way.
Colin Bennett

Report Says China Leading Power Transmission Line Additions to 2020 - 0 views

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    "This latest research states that of the top 10 countries forecast to have the highest transmission line additions between 2014 and 2020, China will account for the largest share, with 48%. India and Brazil will follow, with 21.6% and 4.9% shares, respectively."
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Henkel Signs Distribution Agreement with South African Firm | EMAsiaMag.com - 0 views

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    As the company continues to expand in both established and emerging electronics manufacturing regions, the electronics group of Henkel announced a new partnership to extend its presence in South Africa, signing on PEM Technologies to represent its line of Loctite brand electronics adhesives in the growing South African region.Though it is not often considered a major electronics manufacturing locale, South Africa is, in fact, one of the fastest growing regions for certain sectors within the electronics production market. Automotive, military/aerospace and contract manufacturing are all seeing significant growth rates and Henkel anticipates that this will only continue for the foreseeable future.\n\n"Recently, we have seen major manufacturers in automotive and in military/aerospace either transfer production from Europe to South Africa or set up additional, dedicated South African production sites," comments Richard Boyle, Regional Technical Service Manager for Henkel. "And, growth in the contract manufacturing sector--particularly for telecom, IT and entertainment products--is even more rapid and represents the largest area of expansion for Henkel," Boyle continues. "Establishing a partnership with a strong regional distributor like PEM Technologies is critical to our strategy for growth in this promising region." Steve Eglinton, Managing Director of PEM, is confident the company's relationship with Henkel will only serve to further enable customers' competitiveness. "Without question, Loctite is the leading brand of adhesives for electronics manufacturing and we are very enthusiastic about \nrepresenting Henkel materials throughout South Africa," says Eglinton. "Henkel's philosophy of supporting the customer through top-notch applications expertise, technical service and materials-based productivity enhancing tools is completely in line with PEM's approach. With Henkel's leading materials technologies, we look forward to helping customer
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Optomec and Applied Nanotech Announce Strategic Cooperation on Printable Electronics | ... - 0 views

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    Applied Nanotech Holdings Inc announced that its subsidiary, Applied Nanotech Inc (ANI), established a strategic development program with Optomec, Inc, a provider of printed electronics for solar, display, electronic packaging and flexible electronics applications. As a part of the commitment, ANI will install a dedicated Optomec M3D aerosol jet printer at its facilities in order to adapt its copper ink to Optomec's patented ultra high resolution printing technology. By utilizing ANI's copper ink, the Optomec printer will offer the solar, display, flexible circuit and PCB manufacturers contact-free deposition of high quality, low cost metal lines, the companies said. According to the companies, the Optomec printing solution is able to produce much finer lines than is currently possible with traditional screen printing and inkjet printing equipment. The combined ANI/Optomec copper ink printing solution will provide an alternative to silver inks facilitating lower cost, coupled with the promise of higher reliability. Furthermore, ANI's copper inks do not require expensive vacuum installation or inert gas environment lowering the cost of the capital for manufacturing equipment.
Colin Bennett

China western region infrastructure and building - 0 views

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    These projects include new railway lines connecting Guiyang and Guangzhou, Lanzhou and Chongqing, Kashgar and Hotan in Xinjiang; highways between Wanyuan and Dazhou in Sichuan Province, Shuikou and Duyun in Guizhou Province; airport expansion projects in Chengdu, Chongqing and Xi'an.\n\nThey also include the building of hydropower stations, coal mines, gas and oil transmission tube lines as well as public utilities projects in western regions.
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