Clear underestimation of mining equipment

Wednesday, 03.27.2002, 00:00 · from FOCUS-MONEY-editor Oliver Janich

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Conservative: mining, equipment, bank - three titles for the more defensive investors

On the stock market, there are two opinions: that of the buyer and the seller. On 11 March, announced the German Balaton AG, having sold its stake of just over five percent of guild master for 15 million €. This was in about 10.4 € per share.

On the other hand, were private and institutional, which decreased the package and later with their investment within a few days 15 percent were positive.

It might even be more. The mechanical engineer, despite the industry crisis of 2001 sales by 24 percent and increase its profit by seven per cent to 40.8 million euros.

Since the payout remains at 0.60 euros, ensures the high dividend yield of five percent from the course. With a price-earnings ratio (PER) of ten compared to the share of Japanese competition for mining equipment is clearly undervalued.

Construction industry turns a deep setbacks - the Chinese advance

After six years of growth as a result of the German construction and civil engineering equipment industry in 2009 expected an end to the boom. "Is characterized with the slump in new orders is already clear today that we have to accept, especially in construction sector, deep setbacks," said Christophe Kemmann, Chairman of the VDMA and construction machinery at the general meeting of its trade association on Thursday in Karlsruhe. It is equipped once to insert a setback can.

 

Yet the signs point to growth in its industry. In the first nine months of 2008 the revenues made by the German building and construction industry over the same period have risen again. This was to pay particular of developments in building materials equipment sector. For building materials, glass and ceramic machines, revenues in this period increased by 79 percent. This sharp increase is due to large orders from the cement plant. Construction at the growth was seven percent lower.

 

Over the same period, new orders for construction equipment are down markedly, across all segments. They are on average a third lower than at the same time last year. Get the most manufacturers of tower cranes, concrete technology and earthmoving equipment to sense and also the manufacturers of standard machines such as excavators and wheel loaders. The building material machines, however still recorded an increase in their orders at seven percent.

 

Because of the large orders in the cement sector, the industry association's revenue forecast from the beginning of 8.2 percent increase for the entire industry this year will even exceed it slightly. The association expects sales growth of 8.6 percent to 16.6 billion euros. Kemmann stressed that these figures but should not obscure the serious situation in the current orders.

 

The export is the mainstay of the industry. In the first nine months of this year were construction and new earthmoving equipment worth around eight billion euros abroad. That's about 16 percent more than at the same time last year. With 68 percent share of exports, Europe is the largest market, followed by Asia (nine percent) and North America (seven percent). The world export market for building and construction is continually expanding, and in 2007 by the numbers of international trade statistics at 76 billion euros. Germany thinks a world export share of 14 percent. "We have the growth participates proportionally, while countries like the USA, Japan or Great Britain had to share issue to other competitors - especially the Chinese," noted Kemmann The Chinese companies have expanded their global export activities in the last five years, however strong. and can increase their world market share in this period from two to six per cent export. Chinese enterprises, mainly to Africa, Latin America, the Middle East and are currently also trying in Russia are to successfully walk. In Europe and North America have so Kemmann but yet can not achieve a significant market share.

 

2009 expected a sales decline of the trade association for the industry as a whole from 4.6 percent to 15.8 billion euros. Attributable to Construction accounts for 10.7 billion euros (minus 7.5 percent) and civil engineering machinery 5.1 billion euros (plus 2.2 percent). Overall, expect a period of tight financing Kemmann behavior that will negatively affect the business of the industry. How long this phase was continuing, no one can know, so Kemmann. This will depend on whether, how and when the policy tools in the fight against access the financial crisis.

 

The recession in key construction markets like the U.S., Spain, Britain and France will provide the industry beyond. A positive trend for the building and construction industry will see the economic experts of the Association at the earliest in the second half of 2010.

 

Spanish Wedding: BOMAG MAQUINTER and deepen cooperation in Spain and Portugal.

BOMAG

...global market leader in compression technology based in Boppard, Germany, in its Spanish distributor MAQUINTER SA. The Spanish company is based in Torrejon de Ardoz, near Madrid, and is now almost 15 years BOMAG distributor for the entire Spanish market. The signing of the contract took place in July in Madrid in the presence of Jean-Claude Fayat, the managing director of the French FAYAT Group, one of the BOMAG since 2005.

"Participation is the next logical step in enhancing the cooperation between BOMAG and MAQUINTER" says Jaime Wakonigg, who is with his brother Lorenzo Wakonigg business director responsible for the Spanish company.

This opinion is shared by Jörg Unger, CEO BOMAG: "You could call it a dream wedding and MAQUINTER BOMAG a long-standing and highly successful cooperation that is characterized by mutual trust.." Therefore, since 2007, was MAQUINTER Symbian BOMAG customers in Portugal. Since mid-2008 BOMAG is now directly involved in the Spanish companies. Both companies want to deepen their cooperation and long-term commitment to each other - for the benefit of the Spanish and Portuguese customers.

Spain and Portugal offer attractive development and growth opportunities. Therefore, both companies continue to invest together in the distribution network, the greater proximity to its customers and offer more services for them.

Occasion-Agriculture: New Online Portal

In Switzerland, close together and Agropool.ch agrarmaschinen.ch. This creates the largest online portal for trading in used farm equipment. So far, there have been two major Internet exchanges in the Swiss Occasion-Agriculture Market: agrarmaschinen.ch and agropool.ch.

modelling process equipment

When we model any piece of process equipment, some of the data we supply to the computer to create the model are derived from the observed performance of existing equipment in similar service. For instance:
• Heat exchangers—Fouling factors
• Compressors—Adiabatic compression efficiency
• Centrifugal pumps—Clearance between impeller and wear ring
• Distillation towers—Tray efficiency and relative volatility
The relative volatility is a measure of the ease of separation between the light and heavy components. For ideal components it is the ratio of the vapor pressure of the more volatile component divided by the vapor pressure of the less volatile component. For nonideal components, the relative volatility is calculated from the "equation of state."
The equation of state is a set of empirically derived equations. When you set up a computer model for any process involving vaporliquid equilibrium, you must select an equation of state from perhaps a dozen choices. Experience is the only real guide in making the most
accurate selection.
When you set up a computer model for any distillation process equipment, you must select a tray efficiency. Tray efficiencies (for mechanically intact trays) vary from 30 to 90 percent. Experience is the only guide in making the least wrong selection.
42.1.3 Establishing a Firm Design Basis

heavy equipment

In order to process bulk building materials or bulky soil heavy equipment is used. This technically are just the heavier versions of conventional mining and earthmoving equipment like excavators, loaders and dump trucks. Typically these vehicles are not roadworthy and have to be transported as abnormal loads.

used equipment

A viable alternative towards new equipment is used equipment. For the purpose of  exchanging information on  used equipment a new web site has been established that is now accumulating information about the subject. Feel free to visit there and either retrieve from or contribute to the information on used equipment.

earthmoving equipment

Some new earthmoving equipment will be placed at this web site soon. The earthmoving equipment will include bull dozers, hydraulic excavators and front loaders.

concrete batching plant

There are some used concrete batching plants for sale in South Africa. The concrete batching plants are in the Cape Town area at the moment. If you are interested into procuring a concrete batching plant, please make contact at used concrete batching plants for sale.

Massive Earthmoving Machines

Massive Earthmoving Machinery

This third DVD, in the series, deals with just one mine - but what an exceptional mine it is! Boliden's Aitik copper mine, north of the Arctic Circle, in Sweden, is a massive hole measuring 1 kilometre wide, 3 kilometres long and 400 metres deep! Extracting 43 million tonnes of rock a year requires extreme machines - like a Bucyrus 495 and Komatsu 5500 working at the rock face, which are accompanied by a D105 Scraper, a Cat 994 Wheel Loader, a P&H 4100A and a Unit Rig MT4000. Explore the plant and discover the process of extracting copper from the ore-bearing rock.

modern construction and ground engineering equipment

The trend toward increasing mechanisation of construction work to meet today's demands for greater productivity has resulted in the need for more effective application and management of modern construction technology. This second edition of Modern Construction Equipment and Methods provides comprehensive coverage of the factors affecting the decision making processes in construction and ground engineering equipment, devising temporary works and selecting appropriate equipment. This book provides an invaluable reference work for students and professionals in the fields of civil engineering, construction, building, surveying and architecture.

excavator handbook for operators

This excavator handbook is an 'easy-to-read' with fairly good and representative pictures, diagrams and supporting information. It's written for the newer operator with a presumption of some knowledge of the equipment and techniques and helps to push them along toward a higher level of competence. It's not a bad refresher for the 'old hands' either as it hits on a few techniques that are more recent in development.

It has some good safety information, too.

On the negative, most really experienced operators are going to bypass some of the step-by-step processes - like pipe laying - as described in this book. There are faster, more efficient ways to do some things after you've practiced with the first hundred or so. I found some of the process-descriptions a little hard to understand - like slope cutting and benching - but haven't thought about how to describe it more clearly to make it more understandable.

I'm glad I got it and will open it again every once in a while just to browse, then maybe once in a while to double-check a process.

Earthmoving Safety Film

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Earthmoving Safety Film

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