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Fabio Fiori

IMPRESE - Parafarmacie: ancora un attacco dalle lobby - 0 views

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    Sul filo di lana, nel corso dell'ultima discussione in merito al decreto Milleproroghe, il senatore del Pdl Salvo Fleres ha presentato un proprio emendamento che prevedeva lo stop incondizionato al rilascio di nuove licenze per le parafarmacie e il contingentamento di quelle già aperte ad un parametro d'abitanti (una ogni 20mila abitanti) tale da determinare la chiusura della maggioranza degli esercizi aperti con il decreto Bersani. (poposta che non ha trovato seguito per la presentazione da parte del Governo di un maxiemendamento).
Panos Kotseras

Italy - Prysmian declares Draka offer unconditional - 0 views

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    Prysmian declared the offer it advanced for Draka Holding on January 5, 2011 unconditional. The offer concerns all Draka shares in circulation, valuing them at EUR 8.60 apiece in cash plus 0.6595 ordinary Prysmian share. All offer conditions, except for the condition for granting all necessary authorisations, have been fulfilled, Prysmian said, adding it was waiving the regulatory condition. Prysmian will start a post-tender offer, which will run until 22 February, for the remaining minority shares in the Dutch company, at a price of EUR17.20 (USD23.43) per share in cash and stock. Including the preference shares to be acquired from Draka's minority shareholders ASR Levensverzekering and Kempen, Prysmian's holding will reach 91.4% in total, the buyer added. Upon a successful acquisition, Draka shares will cease trading on the Amsterdam stock market.
Colin Bennett

New Method Used to Synthesize Cu-Based Nanocomposite - 0 views

  • In this research, we added silicon carbide powder of micro and nanoscales to copper by means of friction stir processing in order to reinforce its strength and resistance to surface erosion.
  • "It is possible to increase the strength base and resistance to erosion up to 3 times and 10 times respectively with respect to the material substance. It is also possible to give properties such as semi conduction or other physical properties to the desired material with regard to its application," he added, explaining about the results of the study.
Glycon Garcia

Insidecostarica.com | Costa Rica Daily News and Information - 0 views

  • Wind Generation Grows 120% In Central America, Costa Rica Leading The Way
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    "Central America's wind-power generation grew 120% between 2009 and 2010, according to a new study published by regional economic think tank Comision Economica para America Latina (CEPAL). All together, the region comprising Guatemala, Costa Rica, Honduras, Nicaragua, El Salvador, Panama and Belize, generated 237.2 Gwh of wind energy during the period. This came mostly from projects in Costa Rica and Nicaragua, CEPAL said, adding that Central America has attracted rising wind investments due to improving regulation for the technology."
Colin Bennett

BHP warns over sustainability of demand for raw materials - 0 views

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    "BHP warns over sustainability of demand for raw materials BHP Billiton, the miner that sells 19 different commodities from...materials had returned.In its quarterly production report, BHP noted that China, the driver of the rally in metals prices...offset this, such a sequence of events should not be expected, BHP said.It added: "In spite of the low metals inventories in... Oct 22 2009, By William MacNamara in London and Peter Smith in Sydney, Financial Times"
Colin Bennett

Copper scrap transactions without record should be solved for prevention of tax evasion - 0 views

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    Despite the enforcement of a system for copper scrap buyers to pay value-added tax, staring from the beginning of this year on a full scale, the issue of tax evasion has not easily disappeared
Colin Bennett

Trillions needed for World Energy Infrastructure Buildout to 2030 - 1 views

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    "Globally, Bloomberg New Energy Finance expects $7.7 trillion to be invested in new generating capacity by 2030, with 66% of that going on renewable technologies including hydro. Out of the $5.1 trillion to be spent on renewables, Asia-Pacific will account for $2.5 trillion, the Americas $816bn, Europe $967bn and the rest of the world including Middle East and Africa $818bn. Fossil fuels will retain the biggest share of power generation by 2030 at 44%, albeit down from 64% in 2013. Some 1,073GW of new coal, gas and oil capacity worldwide will be added over the next 16 years, excluding replacement plant."
Colin Bennett

Substitution of aluminum alloy for copper might open a new era for cable - 2 views

  • The rare earths high iron aluminum alloy material, developed by the company, mixes aluminum and some special materials, for example, rare earths to change the physical properties, which results a non-ferrous materials “revolution". The alloy cable enjoys three advantages, such as performance, it shows 35% more of percentage elongation,50% more of resisting fatigue strength, 40% less of inverse elasticity, 10 more years of service life and stronger antioxidant and corrosion resistance than those of copper wire, because of rare earths element added in conductor and better insulating material; safety, it is contributed to adding the patent fire retardants so that the alloy cable can still function for light even on fire; and cost, 40% less than that of copper wire.
Colin Bennett

Sterlite Technologies reports revenue growth of 32% and EBITDA growth of 90 % on YoY basis - 0 views

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    "Power Segment highlights The Power products and solutions business revenues stood at Rs. 461 Crores, up 61% Q-O-Q as conductor volumes at about 27,000 MT have started showing signs of improvement In the Power products and solutions segment, we have added new accounts in the European markets for power conductors and in India for OPGW products. Order book at Rs 2400 crores in Power products segment remains healthy and well diversified with exports nearly accounting for 40% of total order book. Power Transmission Segment East-North Interconnection Company Ltd. (ENICL) became fully operational with completion of the second 400 KV double-circuit quad transmission line connecting Bongaigaon in Assam to Siliguri in West Bengal which makes us the only private transmission utility to successfully commission the first private mega transmission project in the country. In Bhopal Dhule Transmission Company Ltd. (BDTCL) project, few more milestones were achieved with commissioning of two more lines and two substations taking us to nearly 60% completion for the project The current revenue generating elements of the first three projects have an annualized revenue run rate of Rs 287 crore which has shown a major increase from the annualized revenue run rate of Rs. 68 crores at end of previous quarter With Sterlite's investments completed in these projects, we expect the other 2 projects BDTCL and JTCL to be fully operational progressively in next 2 quarters."
Colin Bennett

WoodMac considers £1.6bn takeover bids - 0 views

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    "Since then, Wood Mackenzie has expanded by acquiring mining and metals research companies, and adding coverage of natural gas, power and refining."
Colin Bennett

Railway Cable Theft Prevention - Cable Band Straps - 0 views

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    "To prevent the theft of these cables, Network Rail have specified Panduit super heavy duty stainless steel banding to wrap around the cables and securely strap them to the cable trough. This measure will make the cables more difficult to access and extract therefore deterring thieves owing to the considerable extra time and effort involved and the added risk of detection, apprehension and arrest. The frequency of Panduit cable locking needs to be balanced with cost and the need to maximise the quantity of locked cables as quickly as possible. As a result of this, the below table sets out how often Panduit stainless steel rail cable bands should be used."
Colin Bennett

Fiber Reinforced plastic that is 20% lighter than aluminum - 0 views

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    "Efforts to produce lighter vehicles necessarily include engine parts, such as the cylinder casing, which could shed up to 20 percent of its weight if it were made of fiber-reinforced plastic rather than aluminum - without added costs. Such injection-molded parts are even suitable for mass production."
Colin Bennett

UN warns of growing 'emissions gap' - Bridging gap technically possible - 0 views

  • Bridging the emissions gap is technically possible, he added, explaining carbon emissions could be sharply cut by improving energy efficiency in areas such as industry, farming, transport and buildings.
Matthew Wonnacott

LS Cable & Systems plans to grow by tapping the Indian market - 0 views

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    LS Cable & Systems, the world's third largest manufacturer of wire and cable, reaffirmed on 23rd November that it is seeking to become the world's largest wire and cable manufacturer by 2020, and that it is targeting the value-added cable market in India as part of its strategy. The company, which according to chief executive officer Koo Cha-yol "has 33 manufacturing firms, 64 operational bases and four research centers in 26 countries," generates 60% of its sales abroad. LS Cables & Systems has been expanding these overseas sales through acquisitions, in recent years buying American cable maker Magnet Wire in 2008, and Chinese cable maker Hongchi in 2011, giving it access to the world's largest markets.
Colin Bennett

Sumitomo Electric pins hope on aluminum harnesses - 0 views

  • Furukawa Electric applied a "tentative version" of aluminium wiring for Toyota's Land Cruiser in 2012, company spokesman Kenichi Nakano told Bloomberg. Nakano added that the company is working on stronger aluminium wiring by combining the metal with carbon fibre and intends to pitch this to carmakers by 2014.
Colin Bennett

Downing St backs Afghan mining projects - 0 views

  • Afghan Gold and Minerals – backed by City of London banker Ian Hannam, former BHP chief executive Chip Goodyear and Jan Kulczyk, the Polish billionaire – also emerged in December as the preferred bidder for the Balkbab copper exploration licence close to Kabul, which is one of three gold and copper exploration licences put out for tender.
Matthew Wonnacott

Jiangxi Copper sees 18.2% jump in semis production in 2012 - 0 views

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    Jiangxi Copper, the large vertically-integrated Chinese miner, smelter and semis manufacturer announced on 27th March that its output of semi-finished copper products was 582,100t in 2012, an 18.6% increase on 2011. The company said that it expects to expand production further in 2013, to 845,000t, which would be an annual increase of 45%. The company will do this by adding additional capacity, increasing available capacity to 920,000t in 2013, from 720,000t in 2012.
Matthew Wonnacott

Luvata metals sales VP: Rising premiums not logical in the current market - 0 views

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    In an interview during the annual CESCO week, Luvata's VP of metals sales Ian Scarlett said that the current warehousing activities are causing distortions to the LME's function as a market of last resort. The VP said he would like to see premiums reflect current market conditions and that some market players could distort the system, adding that the "copper value chain is broken." Mr Scarlett said that it is "not logical" for premiums to be rising during this current period of an increasing market surplus.
Matthew Wonnacott

CRU analyst sees Chinese consolidation and substitution weighing on demand - 0 views

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    An official from SDI La Farga LLC's said on 11th December that the company is producing limited amounts of wirerod at its new US $39M plant in New Haven, Indiana. The new facility, a joint venture between Spain's La Farga Group and Steel Dynamics Inc, produces wirerod from number 2 scrap copper rather than cathode. The company official said "we've produced quality rod and are in the process of getting approval of customers and we have done so with several customers." He added that plant officials are "waiting for more customer orders to start producing more".
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    According to a US-based cathode seller, US downstream users of copper cathode are hesitant to sign long-term contracts in 2013, believing that there will be sufficient cathode available on the market for last-minute purchases. The report also cited a downstream user as saying that he believes that absent of transport costs, premiums on annual contracts might have been lower in 2013 compared to 2012. However, the report cited the downstream user as saying he preferred to take cathode from merchants due to the "more lenient" payment terms, whereby he received 10-30 days net credit on annual deals, as opposed to cash-on-payment for spot deals.
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    Quanshun copper announced on 8th December that it has begun production at its new 100,000t/y semis plant in Xinxiang City, Henan province. The new facility is capable of producing 50,000t/y of oxygen-free copper wirerod, 20,000t/y of copper bar, 10,000t/y of transposed conductors (copper strips) and 10,000t/y of other specialist copper semis for the electronics industry. The new production capacity, which was built at a cost of RMB700M (USD112M), is aimed at serving the Chinese domestic market, however, a source at the company did not rule out exporting in the coming years.
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    According to an official from the Delixi group, the company plans to build a new 400,000t/y copper wirerod plant in Zhangpu town, Jiangsu province. The total investment in the new plant will be around RMB3.6bn (US$573M), although the official declined to disclose the timeline for the project. According to the company's website, it specialises in the manufacturing of electric power transmission and distribution appliances.
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    Anhui Jincheng, the Shanghai-listed producer of copper PSSF, said on 26th March that it produced 93,872t of copper PSSF in 2012, a 13% y-o-y increase from 2011. Despite the increase in output, the company made a net loss of RMB57M in 2012 from a profit of RMB24M in 2011 (loss of US$9M from a profit of US$3.8M). Remarking on the results the company said that "uncertainties in the global economy, the euro debt crisis, plus the weak Chinese economy, has negatively impacted demand by the downstream processing sector last year."
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    Talking at the annual CESCO/CRU World Copper Conference, CRU Principal Consultant Vivienne Lloyd said that up to 2Mt of copper demand could be lost over the next five years due to substitution and consolidation amongst Chinese semis producers. Lloyd said that the areas under the greatest threat from substitution are the automotive wiring harness sector and the HVAC sector. However, CRU believes that the aluminium/copper price ratio is likely to have peaked in 2012 at around 4:1, and will fall back gradually to 2017 reaching 3:1, which should relieve some of the substitution pressures.
James Wright

Japan - Residential air conditioner shipments rise in March - 0 views

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    Japan's domestic shipments of residential air conditioners rose 12 percent in March from a year earlier to 678,736 units, the Japan Refrigeration and Air Conditioning Industry Association said.
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