China is making a second major stimulus push after economic
growth slowed to a three-year low of 7.6% in the second quarter. Among them
are 66 billion yuan ($10.5 billion) for affordable housing and 26.5 billion yuan
($4.4 bil.) to subsidize sales of energy-efficient appliances. The central bank
has also begun loosening bank lending and reserve requirements as inflation has
cooled considerably since last year.Other cities have announced plans to
subsidize purchase of low-cost housing and efforts to build more and faster
roads and railways, push alternative energy, stimulate sales of clean cars,
build more hospitals and improve water treatment facilities as part of the
stimulus effort.
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Aluminium demand set to grow 60% in 5 years - 1 views
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"The primary demand for increased consumption is expected to come from the power sector, where aluminium is a cheaper, lightweight substitute for copper in transmission and distribution, it said. Power distribution companies and government are planning investment of Rs. 4.3 lakh crore over the next five years to expand the transmission and distribution networ"
Qatar - Doha Cables to expand EHV cable production to meet rising domestic demand - 0 views
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Doha Cables, a Qatar based cablemaker and subsidiary of El Sewedy Cables, will expand its production capacity for 400V and 500V cables to meet increasing domestic demand. Qatar will host the 2020 Olympics and the 2022 FIFA World Cup and is investing heavily in new infrastructure projects to provide support for planned growth of the local tourism industry. The company also stated that demand from the building sector has been rising. El Sewedy's largest areas of operation are in the GCC, North Africa and Egypt. The company has expressed its plans to expand into other rapid growth nations, including Russia and India.
USA - Olin and Hussey increase fabrication charges - 0 views
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Following announcements from Aurubis and Revere about planned rises in their US fabrication charges, Olin Brass Corp. and Hussey Copper Corp. have also unveiled their plans to increase fabrication conversion prices. Olin Brass Corp. intends to increase charges by 5¢/lb on all alloy orders shipped from 1st March. Hussey Copper Corp. will increase charges by up to 10% on its copper products, including sheet, strip, bar and plate on shipments from 1st March. Olin Brass attributed the rise in its prices to escalating inflationary costs related to supplies, maintenance, energy and healthcare. Hussey stated that the charge increases were essential for ensuring continued investment in its equipment, products and people.
Tunisia - Leoni denies relocation rumours - 0 views
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Leoni AG, a specialist wire and cable producer for the automotive sector, has refuted rumours of plans to relocate its operations from the Bizerte region of Tunisia to Morocco.
China Changsha unveils US$130 billion municipal investment plan - 0 views
Broadband investment: hold the line - 0 views
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Broadband investment: hold the line
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Carrots are more appealing than sticks - and sometimes just as effective. That, at least, is the message that Europe's big telecoms operators have successfully delivered to European policy makers in Brussels. Late last week, Neelie Kroes, EU telecoms commissioner, backed down on her threat to make owners of old-style copper networks - the likes of France Telecom or Telefónica - lower the price at which they grant access to smaller rivals unless investment in high-speed fibre networks is stepped up. Instead, the Dutch politician, who estimates EU broadband investment needs at €270bn, promised regulatory "stability and consistency". True, she plans stricter rules to ensure equal access to networks. But for incumbent telcos, that is like being poked by a twig compared with the big baton of lower access charges.
China - Hengyuan Copper begins operations of the first line in a phased copper products project with a total planned capacity of 200,000t/y - 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.
FPL Plans to Strengthen Record Number of Power Lines in 2014 | Transmission content from TDWorld - 1 views
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Strengthening a record number (98) of the company's main power distribution lines. Replacing thousands of distribution utility poles with stronger ones - most of them concrete - designed to withstand hurricane-force wind gusts of 130 mph or more. Installing additional smart grid technology to better detect and address power outages, and adding improved lightning protection equipment. Upgrading FPL's power transmission system. Replacing wood poles with concrete structures and upgrading associated hardware. Installing new flood monitoring systems at select power substations that are most susceptible to possible flooding and storm surge.
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Copper cables may be used in place of aluminum in overhead applications. Also, undergrounding cables is a viable alternative to fully protect against storm damage.
Indonesia plans 63 processing plants by 2017 - 0 views
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Indonesia wants to have 63 processing and refining plants for minerals such as copper, lead, bauxite, iron, nickel and manganese by 2017, a senior government official said.
Vale plans new investments in iron ore, copper, other units - 0 views
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"I can say that there are several projects and focused in the businesses that the company wants to concentrate: iron ore, nickel, copper, metallurgical coal and fertilizers",
Lightweight car demand boosts carbon fiber market - 0 views
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China has promulgated the Development Plan for the Energy-saving and New Energy Automobile Industry (2012-2020) and the 12th Five-year Development Plan for the New Materials Industry, giving explicit encouragement to the development and application of automobile weight reduction technology; the Investment Guide for Industry Reform and Upgrading published by the Ministry of Industry and Information Technology also places automobile weight reduction on a prominent position of the auto industry
Sweeping changes to Myanmar mining laws planned - 0 views
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Mostly undeveloped, Myanmar also known as Burma is home to vast reserves of oil and gas and minerals and metals, including gold, tungsten, copper, nickel, tin, lithium and precious stones.
Thailand's $76b infrastructure plan - 0 views
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In 2013, Thailand will see the start of a massive infrastructure investment programme designed to enhance international connectivity and competitiveness and boost regional development ahead of the ASEAN Economic Community to be launched by 2016. According to the Thai government, 55 projects worth $76.27 billion are set to be executed by 2020, with $3.36 billion allocated for 2013.
Codelco pushes on with cost-cutting plans, ceo says - 0 views
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Chilean copper miner Codelco is pushing ahead with its drive to control costs and raise productivity as it seeks to mitigate the effect of fluctuating copper prices and lower ore grades, its ceo said.
China to invest US$50 billion in Brazilian infrastructure projects - 0 views
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"The Industrial and Commercial Bank of China Ltd. (ICBC) plans to start a fund of up to $50 billion, to be managed by Brazil's state-owned bank Caixa Economica Federal, for investing in infrastructure projects in the South American country, according to a person familiar with the situation."
NEMA Urges Congress to Direct a Transformer Reserve Program - 0 views
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""NEMA thanks Representatives Ellmers and McNerney for their leadership in introducing HR 2244, and we appreciate the support from Energy and Commerce Committee Chairman Fred Upton and Energy and Power Subcommittee Chairman Ed Whitfield for including it in their grid modernization discussion draft. This much-needed legislation would direct the Department of Energy to produce a plan to create a strategic transformer reserve program, an idea supported by NEMA and its members as a way to bolster the United States' capacity to respond quickly to the loss of one or multiple large power transformers," "
Transition Engineering: Planning and Building the Sustainable World - 0 views
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On the way to building the sustainable world, transition engineers respond to risks, not disasters. Transition engineering will emerge as the way by which society reduces both fossil fuel use and the detrimental social and environmental impacts of industrialization.
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