Developments

China manufacturing picks up

In China factory activity unexpectedly expanded in February as new orders improved, pointing to some resilience in the world’s second-largest economy even as downward pressure builds and Russia’s invasion of Ukraine heightens global uncertainty. The official manufacturing Purchasing Manager’s Index (PMI) registered 50.2 in February, remaining above the 50-point mark, which separates growth from contraction, and picking up a touch from 50.1 in January, data from the National Bureau of Statistics (BS) showed on Tuesday. It was thought the PMI would to ease to 49.9.

India fiscal deficit may narrow in 2022

The ongoing Russia and Ukraine conflict may present India with an opportunity to import commodities and oil at low prices via a rupee-ruble trade mechanism from Russia. Against this backdrop, GlobalData, a leading data and analytics company, forecasts India’s fiscal deficit as percentage of GDP to decline marginally to 5.3% in 2022 compared to 5.7% in 2021. Given India’s neutral stance on Russia-Ukraine conflict, Russia is offering oil and other commodities at discounted prices to India. Amid the skyrocketing global oil prices, this will provide relief on the fiscal front as India imports around 80% of crude from other countries. Gargi Rao, Economic Research Analyst at GlobalData, comments: “India’s attempt to diversify its import sources will tend to reduce financial burden on the government thereby reducing the risk of high import bill. Moreover, cheaper crude may bring down the current cost of production and help cool off inflationary pressures.” Meanwhile, in the short-term, Indian traders may feel the pinch of higher oil and gas prices along with delays in shipment. Retail inflation is on the rise in India due to rise in prices of fuel and edible oils. GlobalData forecasts India’s inflation to rise to 5.2% in 2022 compared to 5.1% in 2021. However, oil price shocks might wane out with easing of supply bottlenecks and demand adjustment in medium-term. GlobalData forecasts the Indian economy to grow by 7.6% in 2022. Rao continues: “Both India and Russia are exploring the possibility of using China’s currency yuan as a reference currency to value the rupee-ruble trade mechanism, which would aid a two-way trade. By setting up a new trade mechanism, it will reduce the dependence on US dollars and makes India less vulnerable to sanctions.” Rao concludes: “High government expenditure has been a cause of concern for India since the start […]

tesa tape unveils new factory

Group invests 55 million Euro with completion in 2023. Haiphong. tesa is growing: The company has laid the foundation stone for a new plant in the Vietnamese port city of Haiphong. On approximately 70,000 square metres, tesa will create new production capacities for Asia, one of the fastest growing markets. 40 million square metres of adhesive tape will be produced every year. The company will expand its local presence and shorten the routes to customers and suppliers. In the first phase, there will be about 140 employees working at the plant. The groundbreaking ceremony began with a traditional Buddhist ritual, whereby Dr. Norman Goldberg, CEO of tesa SE, took part in the event virtually. He expressed his thanks not only to the tesa team, but also to the authorities in Haiphong and to the German ambassador, Dr. Guido Hildner, for their great support. “The laying of this foundation stone is an important milestone for tesa: the Asian adhesive tape market is experiencing very dynamic development, which we will take advantage of,” explains Goldberg. “The fact that tesa is making an investment of approximately 55 million Euro in times of COVID-19 sets a strong signal from the shareholders for the future.” “Access to markets, fast and flexible delivery to customers as well as the development of local raw materials are important factors in international competition,” explains Stefan Schmidt, Head of tesa Supply Chain and Operation, responsible for logistics and production at tesa worldwide. All these requirements are fulfilled by the additional capacities created on site. tesa currently operates 14 production sites worldwide, including large plants in Germany (Hamburg, Offenburg), Italy, USA, and China. The plant in Suzhou, China, has been operating since 2005. From Suzhou, tesa supplies high-tech tapes, such as those used in electronic devices to bond components and displays […]

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Zoomlion ramps up efforts to strengthen global Cooperation through BRI

The China-proposed Belt and Road Initiative (BRI) has carved out a path for the world to consolidate economic cooperation by creating a platform for promoting multilateralism, inclusive growth, peace and cohesion. In line with the vision of BRI, Zoomlion Heavy Industry Science & Technology Co., Ltd., a leading high-end equipment manufacturing enterprise, is advancing its pledge to bring commercial and economic prosperity to the rest of the world through BRI, building a global community with a shared future. Zoomlion helps build Africa’s tallest building – the “Iconic Tower” in Egypt While BRI is evolving into a beacon of economic growth for participating countries, Zoomlion has set up multiple R&D hubs and trade platforms across the globe and has been providing products and services in over 80 countries, serving customers in sectors including hydropower, nuclear power, road, and bridge construction. Its ongoing construction of BRI projects, designed for both commercial and cultural purposes, have been game-changers in those countries where they have fuelled connectivity, creativity, and trade activities. Landmark projects include Padma Bridge which is dubbed “the Dream Bridge of Bangladesh,” Colombo Lotus Tower, and Iconic Tower in Egypt. Zoomlion has made six acquisitions over the past few decades, through which the company has forged a greater creative synergy to drive innovation in the global machinery industry, unleashing new possibilities brought by its state-of-the-art technology to boost productivity and efficiency. Despite the lingering effects of the COVID-19 pandemic in 2021, all the companies acquired by Zoomlion have achieved 30 percent year-on-year increase in revenue, helping the local government to boost employment and tax revenue. Zoomlion’s acquisition of Compagnia Italiana Forme Acciaio SpA (Cifa), a leading machinery innovators and manufacturers based in Italy, demonstrated Zoomlion’s five pillar management strategy of inclusiveness, rules, responsibility, co-creation, and sharing. Cifa has been incorporated into […]

Broad Homes – diversified products for development of urban and rural construction

HONG KONG. The year 2022 is an important year to enter into the comprehensive construction of a socialist modern country and march towards the second hundred-year goal, and it is remarkable how the construction industry can take a new “road to catch up”. As the promoter and practitioner of China’s construction industrialisation, Changsha Broad Homes Industrial Group Co., Ltd. makes urban and rural spaces more efficient, green, environmental friendly and sustainable with its constantly upgraded and improved multi-product matrix and technology system. Broad Homes BOX Modul Guesthouse in Baimian Mountain Tourist Attraction. During this year’s National People’s Congress and Chinese People’s Political Consultative Congress , green and low-carbon are amongst the most discussed topics. The government work report put forward a number of specific tasks to achieve dual carbon goals. Industrialisation of construction is a necessary path for the construction industry to achieve green transformation and high-quality development, and a key grasp to win the future. Broad Homes has insisted on ecological priority and green low-carbon development, continuously increased R&D of green low-carbon buildings by accumulating product and technology advantages, customised and differentiated products and established a diversified product portfolio. Products to highlight:Broad Homes’ fully prefabricated modular building product – BOX Modul – which was quickly adopted for use by sectors such as cultural tourism, public buildings, office space and medical stations. Since its launch in July 2021, projects were completed and delivered to over 16 provinces in China. High-quality apartments for employee housing, which will contribute to the construction of guaranteed rental housing during the 14th Five-Year Plan period and are expected to solve the housing issues of new citizens and young people. Intelligent parking complexes, which focus on solving the immediate needs of the public and relieving urban traffic pressure, while integrating new commercial needs. Broad Home’s […]

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ABB to automate bioplastics plant in Thailand to meet demand for sustainable materials

ABB has been awarded a major contract by NatureWorks, the world’s leading manufacturer of polylactic acid (PLA), a low-carbon bioplastic made from renewable agricultural resources, to automate their new, greenfield plant in Thailand, converting sugar cane to the polylactic acid (PLA) biopolymer, Ingeo. The new plant in Thailand, will ferment and distill plant-based sugars – in a process similar to making beer or wine – converting the sugars first to lactic acid, then lactide and then polymerise them into Ingeo. In the new site, these three separate production processes will be fully integrated, resulting in significant improvements in energy and production efficiency. In addition, the integration of the fermentation phase will secure the supply of lactic acid. The Thailand facility will use sugarcane as feedstock and is set to produce 75,000 tons of sustainable plastic per year when fully operational. The anticipated projected startup for this greenfield facility is in the second half of 2024. ABB’s scope of work is a two-part order including a FEED (front end engineering design) study followed by detailed automation project execution, with ABB acting as the Main Automation Contractor. ABB will deliver the hardware, software, control room design solutions, engineering, and site support to fully develop NatureWorks’ greenfield system. ABB’s market leading distributed control system Ability System 800xA will maximise plant efficiency and reliability through automation. Leveraging this technology, ABB will integrate inputs from all key systems into one single user-friendly overview. As a result, operators will be able to utilise data insights from all areas of the plant, delivered in real time, to drive efficiency, reduce risk and ensure production optimisation. The project will apply State Based Controls (SBC), enabling operators to take fewer interactions to start up a unit and reduce risk by having access to the right information at the right […]

5G-Ready embedded computing systems with 11th Gen Intel Core processors

IBASE Technology Inc. has launched the ASB200-953 compact box PC housing IBASE’s IB953 3.5-inch SBC powered by 11th Gen Intel® Core i7-1185G7E, i5-1145G7E and i3-1115G4E processors (formerly Tiger Lake) with a 15W TDP threshold. Aimed at smart applications in warehouse logistics management, factory automation and the automotive industry, the fanless ASB200-953 features high performance with low power consumption. With a black chassis color, it supports up to 64GB in two SO-DIMM slots and 12V~24V wide-range DC power input. Useful I/O ports on the front side include 3x USB 3.1, 1x USB 2.0, 2x DisplayPort, 1x COM, and 2x GbE ports. The rear panel is equipped with digital I/O, power button, HDD LED, DC-in terminal block and two antenna holes that can be used with the optional WiFi accessory kit. Measuring 180x150x72mm (WxDxH), the ASB200-953 comes with anti-scalding net design and flexible expansion support with high-speed 5G connectivity and other M.2 modules as well as dual storage for a 2280 NVMe SSD and a 2.5-inch HDD. The ASB210-953 variant comes with fan support and up to 28W TDP. Both have Trusted Platform Module (TPM 2.0) security and are compatible with Windows 11 and Windows Embedded Standard 8 operating systems. Features: ASB200-953: Fanless system with IBASE IB953 3.5” SBC (TDP 15W) ASB210-953: Slim System with IBASE IB953 3.5” SBC (TDP up to 28W) Onboard 11th Gen Intel® Core™ U-Series Processor Supports 3x M.2 sockets (B-Key/E-Key and M-Key) 12V (-10%) ~ 24V (+10%) DC-in power input 2x DDR4-3200 SO-DIMM, Max. 64GB 3x USB 3.1, 1x USB 2.0, 2x Intel® GbE, 1x COM External GPIO, 2x DisplayPort, TPM (2.0) Optional VESA mount bracket IBASE Technology specialises in the design and manufacture of robust industrial PC products, delivering high-quality and excellent service since its establishment in 2000. networking, and medical sectors.

Rockwell Automation announces new Vietnam country manager

Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, has appointed Pham Kieu Trinh as Country Manager for Vietnam effective immediately. Based in Ho Chi Minh City, Trinh will be responsible for the company’s business operations and direct sales in the country. She reports to Marcelo Tarkieltaub, Rockwell Automation Regional Director for Southeast Asia. Trinh has over 17 years of experience with global enterprises in diverse technology and manufacturing sectors. Prior to joining Rockwell Automation, she was Country Manager for Vietnam, Cambodia, Laos, Myanmar, and Thailand for a Fortune 100 technology company that delivers industry-specific solutions, driving their automatic identification and data capture solutions. In that role, Trinh also strengthened the company’s government relations, strategic business planning and brand awareness. “I am delighted to join Rockwell Automation as the Country Manager for Vietnam and look forward to developing our business here. I aim to leverage my knowledge to build our capabilities and improve sales across Vietnam by developing our distributor and partner ecosystems, serving the market’s growing automation demand adequately with highly relevant products and services,” said Trinh. “By 2025, we aim to achieve double digit growth rates and increase our market share by twofold. We also plan to expand our Vietnam team by 50% by the end of this year,” she added. Present in the country since 2007, Rockwell Automation aims to boost its sales performance by 40% in Southern Vietnam and by 30% in Northern Vietnam this year, with the long-term goal to increase its market share by twofold by 2025. This is in line with plans to boost its presence across Southeast Asia, tapping into the region’s growing industrial automation and process control market, which is expected to reach US$4.97 billion by 2025[2]. Rockwell Automation has offices in Ho Chi Minh and Hanoi, […]

Seamless connectivity between manufacturing plants

Epsilon Telecommunications (Epsilon), a global connectivity provider, has been selected by Belton Technology Group, a full turnkey contract manufacturer headquartered in Hong Kong, to completely re-architect its wide-area network (WAN). Epsilon is replacing Belton Technology’s legacy Multiprotocol Label Switching (MPLS) with a software-defined wide-area network (SD-WAN), to fully transform its connectivity between manufacturing plants and its offices across mainland China, Hong Kong, the Philippines and Thailand. Traditional MPLS is dependent on Points of Presence (PoP) in a specific country. Epsilon’s SD-WAN solution combats the inflexible nature of MPLS WAN and enables a cost effective, highly available and flexible data communication network to keep up with Belton Technology’s surging business growth and customer demands. “Our SD-WAN solution unleashes the full potential of on-demand connectivity. It enables Belton Technology to support new ICT innovations with a WAN that is elastic and built to scale as the business grows,” said Warren Aw, Managing Director, Asia Pacific at Epsilon. “It’s been great to work together with Belton Technology to evolve its legacy WAN and provide a cost-effective, secure and high-performance network that meets its changing business needs.” Epsilon’s SD-WAN solution provides a modern WAN architecture that can drive maximum value from cloud and digital investments. It enables flexible interconnection across the entire network and full control over routing and security services, with support for cloud-based applications and services. “We chose Epsilon because its SD-WAN solution met our needs from the start. We needed to expand into new locations seamlessly while maintaining high performance connectivity between our manufacturing plants and offices in mainland China, Hong Kong, Thailand and the Philippines,” said Alice Lai, Senior IT Manager at Belton Technology Group. “We’re excited to see where our relationship with Epsilon will go as we continue to grow our footprint. The team recognised how we could improve […]

Beckhoff in Asia

Beckhoff Automation is widely represented across Asia with offices in Singapore, Indonesia, Vietnam, China, South Korea, and amongst other places, Japan. Founded in 1980, by Hans Beckoff as a one-man operation, Beckhoff implements open automation systems using proven PC-based control technology. The primary areas their product range covers include industrial PCs, I/O and fieldbus components, drive technology, automation software as well as control cabinet-free automation. Products that can be used as separate components or integrated into a complete and mutually compatible control system are available for all sectors. The company’s new automation technology stands for universal and industry-independent control and automation solutions that are used worldwide in a large variety of different applications, ranging from CNC-controlled machine tools to intelligent building control. Development of innovative products and solutions based on PC-based control technology is key to the company’s continued success. The company has recognised many standards in automation technology that are taken for granted and introduced to the market as innovations. Beckhoff’s philosophy of PC-based control as well as the invention of the Lightbus system and TwinCAT automation software are milestones in automation technology and have proven themselves as powerful alternatives to traditional control technology. EtherCAT, the real-time Ethernet solution, provides a powerful and future-oriented technology for a new generation of control concepts. Beckhoff is headquartered in Verl, Germany and there are 4,500 employees worldwide and 1,900 engineers. The company has 39 representative offices worldwide from an overall total of 75 representatives worldwide. The corporate headquarters of Beckhoff Automation GmbH & Co. KG in Verl, Germany, is the site of the central departments such as development, production, administration, sales, marketing, support and service.

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