Gross Development Value (GDV)

1. Gross Development Value (GDV) is the forecast revenue or sale that is anticipated from the completed development scheme.

2. This calculation is effectively whether a development has, or will, turn a profit at completion. 

3. Profit on Gross Development Value is calculated by assessing the cost of development versus the sale of the completed properties to create a total profit value which is then calculated into percentage terms.

SCADA - Part 2- SCADA vs PLC vs DCS and Exploring PLC-SCADA Solutions

1. Currently there are two main stream types of control systems – PLC-SCADA and Distributed Control Systems (DCS).

2. DCSs were traditionally used to control large processes, while PLC systems were used to control machines. Since the introduction of PC Windows-based SCADA systems and Ethernet networks, the dividing lines between DCS and PLC-SCADA systems have become blurred.

SCADA - Part 1 - Supervisory control and data acquisition Introduction

 1. SCADA, or supervisory control and data acquisition, is a system comprised of hardware and software components used to monitor and control industrial processes.

2. With a SCADA system, manufacturers are able to collect and analyze real time production data, monitor and manage alarms, and program automatic control responses triggered by certain events or system parameters.

3. There are different types of SCADA systems that can be considered as SCADA architectures of four different generations:

- First Generation: Monolithic or Early SCADA systems
- Second Generation: Distributed SCADA systems
- Third Generation: Networked SCADA systems and
- Fourth Generation: Internet of things technology, SCADA systems

Rail and Air Co-operates to Provide Seamless Service

1. The Dutch carrier is taking more concrete steps towards a greener future with the announcement of a high-speed rail replacement service for one of its popular short-haul routes between Amsterdam Airport Schiphol (AMS) and Brussels (BRU).

2. KLM has teamed up with NS Dutch Railways and French-Belgian high-speed train operator Thalys to promote the service to connecting passengers who would otherwise take what Business Traveller dubbed Europe’s most expensive (on a per-mile basis) flight.

Types of Programmable Logic Controller (PLC)

 DEFINITION OF "PLC"
1. A Programmable Logic Controller, or PLC, is a ruggedized computer used for industrial automation. These controllers can automate a specific process, machine function, or even an entire production line.

Incorporating COBOTS in Workplaces - Part 2 - Risk Management

 1. The industry has identified four key approaches for collaborative robot-human interaction:

Safety-rated monitored stop

Hand-guiding

Speed and separation monitoring

Power and force limiting

2. Developers will need to determine which approach or combination of approaches best fits their application.

Incorporating COBOTS in Workplaces - Part 1 - Risk Assessment

1. Compact industrial robots are now available that can be cost-effectively integrated into even small production lines. 

2. Part of their appeal is that such robots can collaborate with a human operator to offload repetitive tasks that would otherwise tire the operator and lead to mistakes. 

3. The problem is that working in close proximity to a moving machine poses safety risks for humans.

4. The key to keeping collaborative robots (cobots) safe is to carefully consider the risks involved and configure the robot and its control system to mitigate potential hazards. 

Upward Trend in Demand for High-voltage Cables

1. The total primary energy consumption in the U.S. was recorded at 101.3 quadrillion Btu in 2018 and is expected to witness consistent growth over the years, owing to the surging penetration of data centers and large communication base stations across the region.

2. High-voltage cables allow power transmission at high voltages to meet business demand and with proper insulation and conductors, are also suitable for deployment underground and underwater.

3. The rapid rate of infrastructural development in emerging nations across Asia-Pacific is driving the need to set up robust electrical connectivity and transmission solutions, propelling high voltage (HV) cables deployment.

4. Global Market Insights, Inc., has projected that global HV cables market size will reach over USD 29 billion by 2025, driven by consistent demand from utility and industrial applications.

Bonded Warehouse - Types, Purpose & Advantages

1. A bonded warehouse is a warehouse in which duty on goods stored within need not be paid until the goods are removed from the warehouse. A bonded warehouse is referred to by Malaysian Customs as a ‘Gudang Berlesen Awam’ or Licenced General Warehouse.

2. A bonded warehouse is therefore a duty free zone, akin to a port. It is usually fenced and has high security. The warehouse operator normally gives a ‘bond’ or more usually nowadays a bank guarantee (instead of a cash deposit in the old days) to customs to guarantee that there will be no loss of revenue to customs should any of the goods stored within be inadvertently released from the bonded area. In Malaysia, a license from customs is required before a public bonded warehouse can begin operatio ns.

China and India Driving O&G Sector Growth

1. China is expected to lead the global petrochemical industry capacity growth from planned and announced projects between 2019 and 2030 with a 27% share, according to GlobalData.

2. The total petrochemical capacity of planned and announced projects in China is expected to be 172.9 million tpy by 2030. Of this capacity addition, 134.5 million tpy will come from planned projects and the remaining 38.4 million tpy will come from announced projects.

3. India and Iran are expected to have the second highest petrochemical capacity additions globally. These countries collectively contribute about 151.8 million tpy of the total global planned and announced petrochemical capacity additions by 2030.

4. Major capacity additions for India will be from an announced project, ‘Haldia Petrochemicals Balasore Purified Terephthalic Acid (PTA) Plant’, with a capacity addition of 2.4 million tpy. For Iran, the major capacity additions will be from a planned project, ‘Kaveh Methanol Company Dayyer Methanol Plant’, with a capacity of 2.3 million tpy by 2030.

5. The US stands third, with planned and announced petrochemical capacity of 71.7 million tpy by 2030. Of these, most of the petrochemical capacity additions will come from planned projects.

Coating for Aerospace and Marine Industry 2019 Analysis

AEROSPACE INDUSTRY
1. Airbus and Boeing both had record deliveries in 2018 contributing to the growth of the commererical fleet, and high-performance coatings continue to support these production increases. 

2. It is expected that number of in service A/Cs doubles in the next 10 years, Therefore, the whole airline industry is experiencing a continuous growth and hence the demand for coatings is expanding along with it.

3. Although already in use for more than 10 years, materials like composites are still relatively new when used in structural components. 

4. Production processes have evolved since the very first use but yet parts coming out of the autoclave do present a not optimum surface. Fillers are then needed to improve the surface quality before the painting process starts.

Vietnam's 2019 Investment Attractiveness Review and Forecast

1. Vietnam has become an attractive destination for investment from all over the globe.

2.The ease of doing business index for Vietnam is at 69 in 2019. Vietnam has maintained a GDP growth rate of more than 6% since 2000.

3. Many businesses are shifting production to Vietnam to avoid the effects of tariffs. Vietnam has granted investment licenses to about 1,720 projects in the first six months of 2019. The economy has grown at the rate of more than seven percent in 2018, which was a 10-year high.

Asia Pacific Coatings Market Analysis 2018 - 2019

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.  

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.

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.

Japan & Thailand Quarter 3 2019 Manufacturing Report & Production Index

 Profits slow and Purchasing Index Shrinks

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.

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.

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.

Product Spotlight - New Products for Industrial Coatings

Intermediate Coatings, Primers, and new types of coatings