1. Asia Pacific is the world’s largest coatings market and has been growing at above-market rates for many years now and thus it can be considered the most important coatings market in the world.
2. Asia Pacific comprises a vast region of the world with some of the world’s largest and most dynamic economies including China, India, Japan, South Korea, Indonesia, Australia and other countries.
3. Not only is it the largest market globally but it continues to outperform the global coatings market.
Monday, 25 November 2019
Sunday, 17 November 2019
Thailand's Rubber Industry Forecast, Challenge & Opportunities
1. Thailand, Indonesia, and Malaysia are the top three producers representing 75% of the global rubber output.
2. With approximately 3.3 million hectares rubber plantation area across the country and about 1.6 million households rubber agriculturists. Thailand’s rubber industry has a full range of supply chain from upstream to downstream. The upstream is mainly involved with the planting and harvesting of rubber.
3. Following by the midstream that involves the processing of rubber into semi-finished products for downstream industry such as ribbed smoked sheets (RSS), technically specified rubber (TSR), concentrated latex and compound rubber and skim rubber.
4. Lastly, the downstream industry includes the production of rubber products such as vehicle tires, gloves, condoms, elastics and shoes.
2. With approximately 3.3 million hectares rubber plantation area across the country and about 1.6 million households rubber agriculturists. Thailand’s rubber industry has a full range of supply chain from upstream to downstream. The upstream is mainly involved with the planting and harvesting of rubber.
3. Following by the midstream that involves the processing of rubber into semi-finished products for downstream industry such as ribbed smoked sheets (RSS), technically specified rubber (TSR), concentrated latex and compound rubber and skim rubber.
4. Lastly, the downstream industry includes the production of rubber products such as vehicle tires, gloves, condoms, elastics and shoes.
Non-life ILS capacity hits near-record high
1. The insurance-linked securities (ILS) market has enjoyed significant growth this year, with non-life capacity issued or outstanding at a near-record high, research by Willis Re has uncovered.
2. The findings show that there was $27.3bn (£21.2bn) of non-life capacity issued or outstanding at the end of the third quarter, exceeded only by the $27.8bn recorded for all of 2018.
2. The findings show that there was $27.3bn (£21.2bn) of non-life capacity issued or outstanding at the end of the third quarter, exceeded only by the $27.8bn recorded for all of 2018.
Sunday, 3 November 2019
Japan & Thailand Quarter 3 2019 Manufacturing Report & Production Index
Profits slow and Purchasing Index Shrinks
Sunday, 27 October 2019
Cambodia and Myanmar's Textile Industry
1. With the government of Myanmar passing its new Investment Law, which came into effect in April 2017, the country is showing its continued commitment to attracting foreign investment.
2. Cambodia is strategically located in the heart of Southeast Asia. The country is bordered by Thailand, Laos, and Vietnam, and has the Gulf of Thailand to its south-west. The country is popular for providing a low-cost manufacturing base for several industries.
2. Cambodia is strategically located in the heart of Southeast Asia. The country is bordered by Thailand, Laos, and Vietnam, and has the Gulf of Thailand to its south-west. The country is popular for providing a low-cost manufacturing base for several industries.
Sunday, 20 October 2019
Global High Speed Rail Development Analysis
1. While there is no single international standard for high speed rail, new train lines having speeds in excess of 250 kilometers per hour (km/h), or 160 miles per hour (mph), and existing lines in excess of 200 km/h (120 mph) are generally considered to be high speed.
2. Many countries in Europe and Asia have developed high-speed rail for passenger travel, although some systems also offer freight service.
2. Many countries in Europe and Asia have developed high-speed rail for passenger travel, although some systems also offer freight service.
Sunday, 13 October 2019
Industrial Coatings 2018 Review, 2019 Top Manufacturers
1. Industrial coatings are used in a wide variety of applications and encompass many end-use industries such as industrial wood, protective, general industrial, rail, coil coatings OEM and consumer goods & appliances.
2. According to a recent report from Markets and Markets, the global industrial coatings market is expected to grow from $98.30 billion in 2017 to $130.97 billion by 2022, at a CAGR of 5.91 percent from 2017 to 2022.
3. According to research from Markets and Markets, the industrial coatings market in APAC (Asia Pacific) is expected to grow at the highest CAGR during the forecast period. APAC is rapidly expanding the market, owing to the growing economy and increasing middle-class population.
4. The increasing number of industrial activities due to growing urbanization, mainly in China and India, are expected to drive the market during the forecast period.
5. There is an increased demand from the automotive industry in APAC, which is mainly backed by the expansion of the region’s industrial activities. This increased demand, in turn, drives the industrial coatings market in APAC.
2. According to a recent report from Markets and Markets, the global industrial coatings market is expected to grow from $98.30 billion in 2017 to $130.97 billion by 2022, at a CAGR of 5.91 percent from 2017 to 2022.
3. According to research from Markets and Markets, the industrial coatings market in APAC (Asia Pacific) is expected to grow at the highest CAGR during the forecast period. APAC is rapidly expanding the market, owing to the growing economy and increasing middle-class population.
4. The increasing number of industrial activities due to growing urbanization, mainly in China and India, are expected to drive the market during the forecast period.
5. There is an increased demand from the automotive industry in APAC, which is mainly backed by the expansion of the region’s industrial activities. This increased demand, in turn, drives the industrial coatings market in APAC.
Sunday, 6 October 2019
Product Spotlight - New Products for Industrial Coatings
Intermediate Coatings, Primers, and new types of coatings
Monday, 23 September 2019
Financing for Transit-Oriented Development
1. China’s rapid urbanization has dramatically increased the need for public transit infrastructure. To accommodate these changes, it’s estimated that China needs to expand urban rail by at least 3,000 kilometers by 2020—approximately a $4 trillion investment.
2. In Chinese cities, funding for large-scale urban transit infrastructure traditionally comes from two sources: sales of land development rights and bank loans. However, these approaches can not only financially burden city governments, but also lead to costly urban sprawl.
3. The city of Shenzhen has been successfully experimenting with alternative approaches to overcome these significant challenges. Shenzhen’s experience demonstrates that financing transport infrastructure by harnessing the value of land can also be an opportunity for sustainable transit-oriented development (TOD) in Chinese cities.
2. In Chinese cities, funding for large-scale urban transit infrastructure traditionally comes from two sources: sales of land development rights and bank loans. However, these approaches can not only financially burden city governments, but also lead to costly urban sprawl.
3. The city of Shenzhen has been successfully experimenting with alternative approaches to overcome these significant challenges. Shenzhen’s experience demonstrates that financing transport infrastructure by harnessing the value of land can also be an opportunity for sustainable transit-oriented development (TOD) in Chinese cities.
Monday, 16 September 2019
Product Spotlight - Lubricant for Natural Gas Engine & Regulation for Food Grade Lubricant
1. In circumstances where natural gas is available as a fuel for piston engines, it can be burned under workloads ranging from very low to very high while engine rotational speed is often kept constant. Typical uses of such engines are in the oil and gas industry and in electric power generation where such tasks as compressing natural gas are common.
2. As more processes are automated in food production and reliance on machinery increases, there are more pressures on food processors operating with reduced work staff. These companies have higher goals for yields and waste reduction in production facilities while plants and operators are under time pressures with less emphasis on personnel training and education.
2. As more processes are automated in food production and reliance on machinery increases, there are more pressures on food processors operating with reduced work staff. These companies have higher goals for yields and waste reduction in production facilities while plants and operators are under time pressures with less emphasis on personnel training and education.
Sunday, 8 September 2019
India's Manufacturing growth dips to 0.6% over slackening demand, global headwinds
1. Manufacturing growth slumped to a dismal rate of only 0.6 per cent in the first quarter (Q1) of the current fiscal year (2019-20 or FY20) from 3.1 per cent in the fourth quarter of 2018-19 (FY19).
Sunday, 1 September 2019
The State of Transport and Logistics In Russia: 2019
1. As Russia’s transport and logistics industry maintains its foothold in the international market, we take a look at how things are panning out in 2019.
Sunday, 25 August 2019
Automation for Printing Industry
1. As a production leader, your main responsibilities are meeting shipping dates, realising short delivery and lead times, consistent print quality and the lowest cost price.
2. A manually controlled printing process leads to a significantly higher risk of human error and could keep you from achieving your goals.
3. Printing automation doesn’t just optimise your printing process by eliminating errors;
2. A manually controlled printing process leads to a significantly higher risk of human error and could keep you from achieving your goals.
3. Printing automation doesn’t just optimise your printing process by eliminating errors;
Monday, 19 August 2019
Product Spotlight - Introduction to Silicate Paints & Waterborne Silicate Coatings Formulation
1. Pure active silicate mineral paints are bound only with mineral binding agents. They are formed by mixing potash water glass, K2SiO3xH2O with lime, quartz based fillers and mineral pigments.
2. Once painted onto a wall they absorb carbon dioxide, and the lime-based binders carbonate and water silicate-based binders solidify. They form SiO2 x H2O and K2CO3. Mineral silicate paint coats are considered durable and weather resistant.
2. Once painted onto a wall they absorb carbon dioxide, and the lime-based binders carbonate and water silicate-based binders solidify. They form SiO2 x H2O and K2CO3. Mineral silicate paint coats are considered durable and weather resistant.
Sunday, 11 August 2019
Textile Industry in China & India
1. The Indian textiles industry, currently estimated at around $ 108 billion, is expected to reach $ 223 billion by 2021.
2. The industry is the second largest employer after agriculture, providing employment to over 45 million people directly and 60 million people indirectly.
3. The Indian textile industry contributes approximately 5 per cent to India’s Gross Domestic Product (GDP), and 14 per cent to overall Index of Industrial Production (IIP).
4. The industry is facing challenges such as the current bull run of cotton prices, the possible devaluation of the US Dollar called for by President Trump, strength of the export demand and global economic conditions.
2. The industry is the second largest employer after agriculture, providing employment to over 45 million people directly and 60 million people indirectly.
3. The Indian textile industry contributes approximately 5 per cent to India’s Gross Domestic Product (GDP), and 14 per cent to overall Index of Industrial Production (IIP).
4. The industry is facing challenges such as the current bull run of cotton prices, the possible devaluation of the US Dollar called for by President Trump, strength of the export demand and global economic conditions.
Sunday, 4 August 2019
China August Investment Report
CHINA APPROVES FIXED ASSET INVESTMENT PROJECTS
1. The National Development and Reform Commission, China's top economic planner, approved 12 fixed-asset investment projects with the combined investment totaling 70.5 billion yuan (about 10 billion U.S. dollars) in July, data showed.
2. China's fixed-asset investment growth remained basically stable in the first seven months of the year, expanding 5.7 percent year on year thanks to robust high-tech investment, earlier data showed.
3. The projects were mainly in energy and transportation industries, according to Meng Wei, spokeswoman for the National Development and Reform Commission.
1. The National Development and Reform Commission, China's top economic planner, approved 12 fixed-asset investment projects with the combined investment totaling 70.5 billion yuan (about 10 billion U.S. dollars) in July, data showed.
2. China's fixed-asset investment growth remained basically stable in the first seven months of the year, expanding 5.7 percent year on year thanks to robust high-tech investment, earlier data showed.
3. The projects were mainly in energy and transportation industries, according to Meng Wei, spokeswoman for the National Development and Reform Commission.
Sunday, 28 July 2019
Understanding Purchasing Managers' Index
1. One of the most reliable leading indicators for assessing the state of the economy is the PMI, formerly known as the Purchasing Managers' Index.
2. Members receive a monthly questionnaire that asks them to identify month-over-month changes for the following ten business activities that also constitute individual indexes in the Report on Business survey。
3. The most common answers include:
-Improvement
-No change
-Deterioration
2. Members receive a monthly questionnaire that asks them to identify month-over-month changes for the following ten business activities that also constitute individual indexes in the Report on Business survey。
3. The most common answers include:
-Improvement
-No change
-Deterioration
Sunday, 21 July 2019
Consolidation in the Solar Energy Industry
1. One of the biggest electricity infrastructure suppliers in the world is throwing up its hands and giving up on solar energy. ABB is unloading the solar inverter business, formerly known as Power-One, that it acquired in 2013 for $1.03 billion, which included $266 million in acquired cash.
2. The company isn't just taking a loss on the deal, it's reportedly paying Fimer $470 million to take the business off its hands.
2. The company isn't just taking a loss on the deal, it's reportedly paying Fimer $470 million to take the business off its hands.
Monday, 15 July 2019
Pengerang refinery to start commercial operations in 4th quarter
1. The Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang, Johor, will be fully operational in the fourth quarter of this year (Q419).
2. The US$16 billion (RM66.76 billion) project between Petronas and Saudi Aramco will see 300,000 barrels produced per day, turning Malaysia into a net exporter of refined fuels for the first time since 2008
3. The facility will produce refined products including gasoline and diesel that meet Euro 5 fuel specifications and provide feedstock for the integrated petrochemicals complex with a capacity of 3.3 million metric tonnes per year.
4. in 2009, 42.3% of government revenue came from petroleum sources.But in 2019, only an estimated 19.5% of total revenue came from petroluem sources, not counting the special divided from Petronas used to finance GST and income tax refunds.
2. The US$16 billion (RM66.76 billion) project between Petronas and Saudi Aramco will see 300,000 barrels produced per day, turning Malaysia into a net exporter of refined fuels for the first time since 2008
3. The facility will produce refined products including gasoline and diesel that meet Euro 5 fuel specifications and provide feedstock for the integrated petrochemicals complex with a capacity of 3.3 million metric tonnes per year.
4. in 2009, 42.3% of government revenue came from petroleum sources.But in 2019, only an estimated 19.5% of total revenue came from petroluem sources, not counting the special divided from Petronas used to finance GST and income tax refunds.
Sunday, 14 July 2019
Japan's Model for Economic Revival
1. Starting in the early 1990s, Japan was in an extended economic slump. It first endured a prolonged period of bad debt and deflation. Then it began to face a range of serious structural problems including poor productivity, low birth rates, and an aging population—all of which led to demographic challenges such as labor shortages and a loss of confidence in the future. Over the past several years, however, Japan has embarked on its longest period of sustained economic expansion in the post-World War II era.
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