Developments

Hoist & Winch elevates success of large construction project

Hoist & Winch Ltd has recently completed a challenging project for one of the UK’s biggest construction companies involved in large-scale new home development projects. Faced with a demanding and highly technical brief, Hoist & Winch rose to the task, providing a turnkey lifting system solution to ensure complete success for its client. The requirement was to install a concrete ceiling mounted 7.5t swl (safe working load) lifting beam and manual chain hoist into the basement energy room of a large new tower block. This development is part of a large-scale prestigious regeneration project providing 5500 sustainable new homes in North London. At the design stage, following formal tender and contract award, Hoist & Winch set about identifying the optimal solution. Due to restricted access into the basement area, the company decided to utilise a two-piece lifting beam design with an overall length of 7m. To join the two lifting beam sections, Hoist & Winch designed a central splice joint of bolted construction with a reinforced bottom beam flange. In order to spread the lifting loads over a greater area of the concrete ceiling slab it was decided to mount the lifting beam via four intermediate cross members, each having a four-bolt/anchor fix into the concrete ceiling at both ends. Featuring a robust bolted construction design it was possible to deliver the lifting beam to site in fully dismantled form for ease of transportation and access. M24 resin anchors with an embedment of 255 mm into the 400 mm deep reinforced concrete slab fixed the intermediate cross members directly to the ceiling for maximum security. For approval by engineers at the main contractor, Hoist & Winch submitted design drawings and calculations for the structural design of the lifting beam and loading of the resin-type ceiling anchors. With the design approved, […]

CNC technology leader opens second facility in China

CNC specialist NUM has opened a second branch in China, further consolidating its position within the country. As a leader in high-end CNC technology, NUM is represented in virtually every industrialised country in the world. In addition to its headquarters in Teufen, Switzerland, the company nowadays operates 13 strategically located facilities around the globe, together with an extensive network of representatives and customer support agencies. In China, NUM has until now operated a single facility, located in Shanghai. The addition of this second facility – based in Guangzhou in the south of the country – means that the company is significantly increasing its local presence in the area. The facility will provide customer-focused sales and application development, as well as enhanced customer support services. Guangzhou is the capital and largest city of Guangdong province, situated about 120 kilometres (75 miles) from Hong Kong. The region features a large number of private companies involved in the construction of special machines, representing a potentially large market for the type of tailor-made technical control solutions offered by NUM. “With the facility in Guangzhou, we can now respond much faster to customer inquiries and further expand our market presence. We have been represented in China, Taiwan and India for many years and this step now further strengthens our position”, says General Manager China, Mr. Longwei Jiang. The Guangzhou facility will be managed by Mr. Guobing Lu. CSO Asia, Mr. Adrian Kiener and General Manager China, Mr. Longwei Jiang built up the branch in the south of China. The office premises are located in the Huangpu District, a business area with a modern office complex. “By opening the Guangzhou office, we are leveraging our growth potential. At the same time, the Chinese team expands our competencies in sales, service and after-sales support,” adds Mr. […]

Asia Manufacturing News – top technology website recognised

The JEZ Media www.jezmedia.net media platform www.asiamanufacturingnewstoday.com has been recognised as one of the top information providers of manufacturing, business and technology information by Feedspot, coming 51st in a worldwide total listing of 70 such publishers. We have noticed a real surge in interest over the last two years, due to information required for business realignment and future development as a result of Covid 19. The changing face of products and services, for Industry 4.0, The Circular Economy, Supply Chain, Renewable Energy, and amongst others, Cyber Security are part of this picture. Asia is a major focus for us, as a large proportion of world business and development continues to occur through technology and growth in all Asian economies. As we share stories of success – from China to India and further -our networks continue to grow for a future full of ingenuity, creativity and blue skies in all Asian countries. If your company has a story to tell, please get in touch. -Doug Green, Publisher

Five ways Asia manufacturers can mitigate the hit of inflation

-Oliver Stein, Director, South East Asia, JAGGAER Inflation recently hit its highest level in decades, and this is having a major impact on manufacturers. Many parts of Asia are also feeling the strain, however the inflation spike in Asia should be transitory, with lesser risks towards tightening measures compared to Western economies. Inflationary pressures in developing Asia are expected to remain less severe compared to that in global peers. Asia has become a global manufacturing hub with Singapore, Indonesia and Vietnam receiving 80% of new foreign direct investment inflows in 2019. Inflationary pressures moderating in Asia is a mixed blessing, as a recession may be on the horizon. This will cut margins on end products, especially in the CPG sector, without necessarily reducing input costs. How will businesses cope? Ain’t no revenue when direct supply’s gone Supply chains, already severely disrupted by a series of shocks, starting from the pandemic and now the war in Ukraine, face continued turmoil as sanctions bite and key supply sources are cut off. Companies are faced with severe inflationary risks, putting pressure on their margins. Apart from supply chain disruptions they face increasing regulatory pressures and societal expectations to follow sustainable best practices. Organisations are beginning to look more and more into how they manage responsiveness and resiliency in a time of uncertainty. For most manufacturers in Asia that also means increased tracking of sub-tier vendors where previously there was little visibility. The rising cost of direct materials is a constant challenge to bottom line results across all manufacturing and process industry sectors. Accounting for 20-80% of the cost of finished goods, the prices paid for materials and components that make up the final product that is sold to the end user are beyond the immediate control of the manufacturer. Yet manufacturers have a responsibility to customers, shareholders, […]

FPT Software opens office in Thailand

FPT Software, Vietnam’s leading IT solutions provider, has recently announced the opening of a new office in Bangkok, Thailand. This branch, targeting the top 30 IT companies in Thailand, assists FPT Software’s strategic move to expand its global footprint. FPT Software’s representatives and distinguished guests at the Appreciation Dinner on November 22 The inauguration was attended by the Ambassador of the S.R. of Vietnam to Thailand, H.E. Phan Chi Thanh, KBTG Chairman Voranuch Dejakaisaya, KBTG Vice Chairman Jarung Kiatsuphapong, Unilever IT SEA Regional Head Piyawan Triyanant, FPT Software’s CHRO Nguyen Tuan Minh, FPT Software’s SVP Nguyen Hoang Trung, FPT Greater Bay Indochina (FPT GBI – a subsidiary of FPT Software) CEO Levi Nguyen, and other distinguished guests. Speaking at the event, the Ambassador of the S.R. of Vietnam to Thailand, H.E. Phan Chi Thanh, emphasized the comprehensive cooperation between Thailand and Vietnam, especially in digital economy. The Ambassador also believes that with FPT Software’s IT capabilities, the company can contribute to strengthening this relationship and accelerating digital transformation. The Bangkok branch is expected to address the increasing demand for digital transformation in Thailand. “We aim to grow our local workforce to 500 high-quality IT engineers in the next three years and accompany Thai companies from various industries, including Retail, BFSI, Manufacturing, and more.”, FPT GBI CEO, Levi Nguyen pledged. According to FPT GBI CEO, the new office could allow FPT Software to work closer with the leading enterprises in Thailand in digital transformation projects. “Our company’s philosophy is staying close to the clients. So, this office will allow us to serve them faster and more effectively”, Levi said. “It also demonstrates our company’s strong capabilities and resources in digital platforms like KBank’s Make and AIA’s Alive & Vitality, as well as other technologies such as Cloud, Data, Artificial Intelligence, and […]

MHI and EGAT cooperate on clean power generation in Thailand

TOKYO – Mitsubishi Heavy Industries, Ltd. (MHI) and Thailand’s largest power producer Electricity Generating Authority of Thailand (EGAT) signed a Memorandum of Understanding (MoU) to study and exchange information relating to clean power generation, hydrogen, carbon capture, utilization and storage (CCUS) technologies in support of the nation’s goal of achieving carbon neutrality by 2050. Thidade Eiamsai (Deputy Governor of Power Plant Development and Renewable Energy/EGAT) (2nd from left) and Ryo Takubo (President and Managing Director/Mitsubishi Heavy Industries (Thailand)) (3rd from left) at signing ceremony Set to take place over the next three years, MHI, along with Mitsubishi Power, its power solutions brand, will exchange experiences and information on the specified areas with EGAT. This could also involve an exchange of engineers to share experiences and technical know-how on advancing cleaner power generation in Thailand. Mr. Ryo Takubo, President and Managing Director of Mitsubishi Heavy Industries (Thailand), expressed his confidence in the partnership: “MHI Group has played an instrumental role in Thailand’s vibrant energy growth story for more than five decades. Looking ahead, we will continue to contribute our capabilities around world-class gas turbines, which are being developed to co-fire cleaner fuels like hydrogen and ammonia, and CCUS technologies that are critical to lowering emissions. It is an honor to partner with EGAT to bring together our learnings and deep experience to unlock more opportunities and accelerate Thailand’s decarbonization.” Mr. Thidade Eiamsai, Deputy Governor of Power Plant Development and Renewable Energy, EGAT, reaffirmed the significance of the collaboration: “We’ve built a trusted relationship with Mitsubishi Power over the last few decades, and believe that this agreement will combine both our technological expertise and understanding of local needs to facilitate Thailand’s energy transition in accordance with the National Energy Plan. We are grateful for Mitsubishi Power’s collaboration and are excited to […]

Minetech records 32% increase in revenue for Q2

Company’s loss before tax continues to narrow on higher revenue contribution from civil engineering and manufacturing divisions KUALA LUMPUR – Civil engineering specialist and bituminous products manufacturer Minetech Resources Berhad today reported that the Company recorded a 31.9% rise in revenue to RM26.9 million for the second quarter ended 30 September 2022 (2Q FY2023) compared with RM20.4 million in the corresponding quarter of the last financial year (2Q FY2022). Matt Chin, Executive Director of Minetech The Company registered a loss before tax (LBT) of RM1.5 million for the quarter under review compared with LBT of RM4.7 million in 2Q FY2022. On a segmental basis, the civil engineering division recorded a 8.1% rise in revenue to RM16.1 million in 2Q FY2023 compared with RM14.9 million in 2Q FY2022. The manufacturing division, which produces bituminous products for pipe coating, waterproofing and sealing, posted a 166.7% increase in revenue to RM7.2 million compared with RM2.7 million in the same quarter of the previous financial year. For the first-half of the financial year ended 30 September 2023 (1H FY2023), Minetech registered a 36.9% increase in revenue to RM50.9 million compared with RM37.2 million in 1H FY2022. The Company recorded LBT of RM3.1 million in the period under review compared with RM9.1 million in 1H FY2022. Matt Chin, Executive Director of Minetech, said, “We continue to see our financial performance improve with narrower losses on higher revenue contribution from the civil engineering division’s Selinsing Gold Mine due to increase in work volume as well as from the Cheras-Kajang Highway, Wangsa Brezza Hill and GM Emerald Square.” “We have seen a significant increase in revenue contribution from the manufacturing division mainly due to the rise in sales of coating enamel and blown asphalt products as a result of improved demand from both domestic and […]

New dawn for global value chain industry clusters to benefit the Philippines

The World Bank (WB) is hopeful that the Philippines can take advantage of the new dawn for global value chain (GVC) industry clusters by repositioning itself and enhancing its participation in the global context of reconfiguration. Achieving this according to the WB requires no less than concerted effort from the government and private sectors and other key players by executing a plan that can guide investments from both domestic and foreign investors. This was the statement of WB Country Director for Brunei, Malaysia, Philippines, and Thailand Ndiame Diop as he opened the bank’s recent release of its report “A New Dawn for Global Value Chain Participation in the Philippines” as it eyes increasing the country’s GVC participation in a post–COVID-19 world. “For the Philippines, this is an opening to embark on industrial transformation, reconfigure our exports into industry clusters and strengthen GVC participation; and make the Philippines a more attractive investment destination. We in the new administration are committed to steering the country back to its high-growth path and keeping the momentum toward an inclusive and resilient society,” Department of Trade and Industry (DTI) Secretary Alfredo Pascual said in his keynote message. Secretary Pascual emphasised that the country is already having signs of an economic recovery as its Gross Domestic Product (GDP) grew by 7.4 percent in the second quarter of this year which marked the fifth consecutive quarterly growth since the start of 2021. “Challenges remain. Inflation stood at 6.9 percent this September and increasing costs and supply chain disruptions slowed the country’s economic momentum. Despite these challenges, the government remains focused on fully reopening the economy and its goals to reduce costs, stabilise prices and ensure health, food, and energy security,” he pointed out. Pascual said that implementing an inclusive, sustainable, and resilient industrial policy is imperative […]

Vietnam’s FPT Software launches chipmaking subsidiary; Produces first semiconductor chips

FPT Software aims to tap into Asia Pacific’s semiconductor market which accounts for 60 percent of global semiconductor sales. FPT Tower – FPT Corporation’s headquarter in Hanoi, Vietnam. Vietnam’s leading ICT company FPT Software has launched a new subsidiary, FPT Semiconductor, marking a key milestone for the company as it enters the booming semiconductor industry. Through the new subsidiary, FPT Software aims to gain a slice of Asia Pacific’s semiconductor market which accounts for 60 percent of global sales[3]. IDC projects that worldwide semiconductor revenue will reach $661 billion in 2022, an increase of 13.7 percent over 2021[4]. FPT Semiconductor released its first integrated circuits (ICs), which were designed in Vietnam and manufactured in South Korea, in August 2022.These ICs will be used in Internet of Things (IoT) medical devices. By 2023, FPT Semiconductor plans to supply 25 million chips globally in seven types to meet diverse needs in telecommunications, IoT, automotive technology, energy, electronics, and others. “We look forward to contributing to the development of the fast-growing semiconductor industry in Vietnam and Asia on a broader scale,” said FPT Semiconductor’s Founder & Chief Executive Officer Nguyen Vinh Quang. “FPT Semiconductor looks to become the chip supplier of choice for businesses in Vietnam and further in Japan, Korea, Taiwan, China, the United States, and Europe” he said. After 23 years of leadership in IT services and solutions in Vietnam, FPT Software decided to venture into fabless manufacturing. With the establishment of FPT Semiconductor, FPT Software continues to extend its comprehensive ecosystem of digital transformation services and solutions. Building on the global presence and years of experience across various domains, FPT Software hopes to accompany clients with consulting and implementing tailor-made solutions, and now with supplying semiconductor components added to its portfolio. “We are proud that the whole research and development […]

Solar testing lab opens in Shanghai

DEKRA recently inaugurated a new testing center for renewable energy in Shanghai, China. With this step, the global expert organisation is meeting the growing demand from the Chinese solar industry for high-quality testing and certification services. The DEKRA Shanghai Renewable Energy Testing Center is its biggest and most state-of-the-art solar laboratory to date in Baoshan, Shanghai, with the aim of providing even greater support to the development of the solar industry. China is the world’s largest manufacturer of solar modules and the industry is experiencing strong growth. “DEKRA and its customers share a commitment to a safe and sustainable world. Sustainability and renewable energy are crucial factors in safeguarding our future on this planet,” said Mike Walsh, head of DEKRA’s APAC region and Executive Vice President of the DEKRA Group. “I’m proud that DEKRA has made this significant investment. The DEKRA Shanghai Renewable Energy Testing Center demonstrates our commitment to the future of our planet and our enhanced expertise in terms of solving the challenges we all face to ensure we do business sustainably.” “We are investing in leading testing infrastructure as well as talent, so that we can keep pace with the ever-growing requirements in the renewable energy industry. The new testing center demonstrates our commitment in this field, and we’re delighted to be able to support the industry with these new resources. “Thanks to our innovative and pioneering testing services, we can offer solutions to 80 percent of the world’s leading manufacturers of photovoltaic modules today,” said Kilian Aviles, Senior Vice President of DEKRA’s APAC region and Managing Director of DEKRA China, at the official opening ceremony. The DEKRA Renewable Energy Testing Center covers some 2,600 square meters and provides leading global expertise in photovoltaic technology. The laboratory offers a broad and varied service portfolio covering testing and […]

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