Air Filtration Insights  

No. 19   February 2014       

 

 

 

WELCOME

This bi-weekly Air Filtration Insight provides excerpts from the McIlvaine Air Filtration and Purification World Markets.  It also provides excerpts from related publications. The market report provides the latest forecasts, market shares and insights relative to technology and opportunities. 

 

·        Air Filters Bolstered By Gas Turbine Segment

·        Air Filtration Market Update Headlines – February 2014

·        GDP Update Headlines – January 2014

·        World Power Generation Project Headlines – January 2014

 

 

 

 

 

Air Filters Bolstered By Gas Turbine Segment

With justification for upgrading from medium efficiency to high efficiency filters, the revenues will likely jump by several hundred million dollars per year over and above the unit increases which are also adding to the overall growth.  With the new supplier program, air filter suppliers can identify all the projects, OEMs and trends.  They can even interface with end users.  It is all part of Gas Turbine and Combined Cycle Supplier Program

http://home.mcilvainecompany.com/index.php/markets/28-energy/610-59ei.

 

 

AIR FILTRATION MARKET UPDATE

 

FEBRUARY 2014

 

 

 CONSTRUCTION

U.S. Housing Starts Surge in 2013, Permits Up

 

FINANCIALS

Clarcor Reports Q4 Profit Down 10%

Ahlstrom’s Q4 and Full Year 2013 Financial Report

Mann+Hummel Delivers 6% Sales Growth in 2013

 

COMPANY NEWS

AAF International, LPD Technologies Partner on Embossed Filter Technology

Freudenberg to Upgrade Spunlaid Operations

3M Rebrands Commercial HVAC Filter Products from Filtrete to 3M

Former Dell President to Head Filtration Group

 

NEW PRODUCTS

Porvair Filtration’s New Composite Mesh Filter Offers High Cleaning Efficiency

Trion IAQ Expands its Residential Line with a New Disposable Filter Program

 

Many projects, mergers and acquisitions are detailed in monthly updates in the Market Report’s Chapters under Industry Analysis.

 

AEROSPACE

FOOD

FLAT PANEL

METALWORKING

OTHER ELECTRONICS

 

PHARMACEUTICAL

POWER

PULP MILLS

SEMICONDUCTOR

TRANSPORTATION

 

 

 

For more information on Air Filtration & Purification World Market, click on:

http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/108-n022

 

 

 

 

GDP UPDATE HEADLINES

 

January 2014

TABLE OF CONTENTS 

AMERICAS

United States

Mexico

ASIA

China

India

Malaysia

Philippines

Singapore

South Korea

Taiwan

EUROPE / AFRICA / MIDDLE EAST

Kuwait

Serbia
 

AMERICAS

 

United States

Economists have revised their fourth quarter GDP estimates after receiving the news that the U.S. trade deficit has shrunk to its lowest level since October 2009.  

Oil imports fell 1.9%, helping the deficit shrink to $34.3 billion (economists were looking for the deficit to come in at $40 billion). 

Now some of Wall Street's top analysts are revising their fourth quarter GDP predictions on the news…….remaining text not included. 

Mexico

Mexico is starting 2014 with renewed energies. After a messy year, in which Mexicans saw their GDP grow by quarters but still fail to reach the expected annual rate, President Enrique Peña Nieto’s administration is envisioning a much better outcome for this year……remaining text not included.

ASIA 

China

China's economy, the world's second largest, may have grown around 7.6% in 2013, its weakest growth since 1999, with latest economic figures indicating sluggish economic activities in the last quarter.  

China's latest economic figures, especially the purchasing managers' index (PMI) in both factory activity and the services sector, indicated sagging momentum in December, with the country's growth softening slightly last quarter, economists said……remaining text not included.

India

Encouraged by a spurt in investment activities in the latter half of the fiscal year, Economic Affairs Secretary Arvind Mayaram has said 2013-14 is likely to end with an economic growth of about 5%.  

"These are some of the numbers we are looking at, at the moment ... new investment projects have risen to 4.9% of GDP in the October-December quarter from 3.6% in the previous quarter, which means investments are now beginning to take place," he told PTI in an in an interview. ………remaining text not included.   

Malaysia

Decreasing purchasing power in Malaysia, particularly among middle-class households, could pull down the nation's private consumption growth in 2014 potentially impacting GDP growth in Southeast Asia's third-largest economy….the remaining text is not included.

Philippines

First Metro Investment Corp., the investment banking arm of the Metrobank Group, sees the economy expanding 7% to 7.5% this year, buoyed by increased public and private spending and rehabilitation efforts in calamity-affected areas.

First Metro chairman Francisco Sebastian said in a news briefing in Makati City that while 2013 was marked by destructive calamities and uncertainties in the global markets, it was the year when the Philippines achieved investment-grade status from three international credit rating agencies…..the remaining text is not included.

Singapore

According to Standard Chartered, based on advance estimates, Q4 GDP grew 4.4% y/y, down slightly from 5.9% in Q3. The performance was slightly weaker than expected…..the remaining text is not included.  

South Korea

South Korea trimmed its growth forecast for next year while maintaining the economy will likely continue to pick up with fiscal spending at home and an international recovery.  

The 2014 growth forecast was lowered to 3.9% from a June projection of 4.0%, the Ministry of Strategy and Finance said in a biannual economic outlook…..the remaining text is not included.  

Taiwan

Principal government officials expressed their confidence that Taiwan's 2014 gross domestic product (GDP) will grow 3% in 2014, given that the global economy started to bottom out in late 2013.

The Legislative Yuan's Finance Committee reviewed amendments to the Law of Business Tax on Banks and Financial Institutions, while Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung and Minister of Finance Chang Sheng-ford responded to questions at the Legislative Yuan….the remaining text is not included.

EUROPE / AFRICA / MIDDLE EAST 

Kuwait

Kuwait's non-oil GDP is expected to grow at 4.5% in 2014 and 2015 compared to last year's 4% mainly on the back of high oil prices, large fiscal and trade surpluses and government’s vast financial reserve, said a report. 

However, overall GDP will decrease by 0.6% in 2014 due to a projected fall in oil production, before rising by 3.1% in 2015, stated National Bank of Kuwait (NBK) in its report.

According to NBK, the soaring oil prices, large fiscal and trade surpluses, and the government’s vast financial reserves continue to provide a positive near-term backdrop for the Kuwaiti economy, it stated………………the remaining text is not included. 

 

A complete analysis of GDP and Monthly Updates for individual countries are included as part of Air Filtration & Purification World Market.

 

For more information on Air Filtration & Purification World Market, click on:

http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/108-n022

 

 

WORLD POWER GENERATION PROJECT HEADLINES

 

January 2014

 

This includes only projects where there was an update during the month.  There are thousands of projects in the database.

 

 Project Title

First Entry Date

Location

Startup date

 George M Sullivan 2 combined cycle-Anchorage Municipal Light & Power

1/1/2014

AK

2016

 Ughelli power plant expansion-Transcorp Ughelli Power

1/1/2014

Nigeria

2019

 Middleton Power Plant-NTE Energy

1/1/2014

OH

2018

 Tarinda Sawe Wala (Pahim Yar Khan district) power plant

1/1/2014

Pakistan

2019

 Haveli Bahadur Shah (Jhang district) power plant

1/1/2014

Pakistan

2019

 Bhiki (Sheikhupura district) power plant

1/1/2014

Pakistan

2019

 Balloki (Kasur district) power plant

1/1/2014

Pakistan

2019

 Karamdad Qureshi (Muzaffagarh district) power plant

1/1/2014

Pakistan

2019

 Tabangao refinery power combined cycle-Trans-Asia Oil and Energy

1/1/2014

Philippines

2017

 Bandirma combined cycle expansion-Enerjisa

1/1/2014

Turkey

2016

 Bandmira II combined cycle-Enerjisa (Sabanci Holding and E.ON)

1/1/2014

Turkey

2016

 Neyveli New Power Project

12/1/2013

India

2018

 Strathcona county (Heartland) combined cycle plant-Atco Power

10/1/2013

Canada

2018

 Mombasa power plant

10/1/2013

Kenya

2017

 Lamu power plant

10/1/2013

Kenya

2017

 Muhlenberg power plant-Louisville Gas & Electric, Kentucky Utilities

10/1/2013

KY

2018

 Gardabani combined cycle-JSC Partnership Fund

8/1/2013

Georgia

2015

 Berlin-Lichterfelde combined cycle-Vattenfall

8/1/2013

Germany

2016

 Chouteau power plant-Grand River Dam Authority

8/1/2013

OK

2017

 Kauswagan power plant-AC Energy/GN Power partners

7/1/2013

Philippines

2017

 Darlipali supercritical power plant-NTPC

3/1/2013

India

2018

 Mariveles expansion-GN Power

3/1/2013

Philippines

Unknown

 Genesee combined cycle power plant-Consumers Energy

12/1/2012

MI

On hold

 Pudimadaka power plant-NTPC

2/1/2012

India

2018

 Leyte CFB power plant-SMC Global Power Holdings

10/1/2011

Philippines

2016

 Dushanbe cogen plant-Barqi Tojik

4/1/2011

Tajikistan

2013

 Global Business Power plant expansion in La Paz

1/1/2011

Philippines

Unknown

 Sundance 7 combined cycle-TransAlta, Mid-American Holdings

11/1/2010

Canada

2019

 Yavatmal -Jinbhuvish Power Generation

9/1/2010

India

2016

 Sirkali power plant-Neyveli Lignite (NLC)

5/1/2010

India

Unknown

 Ramagundam Stage IV supercritical power plant-NTPC

5/1/2010

India

Unknown

 Sostanj 6 supercritical power plant-Termoelektrarna Sostanj

12/1/2009

Slovenia

Unknown

 Dhundwa Jamauli--UP Power Corp./Neyveli Lignite Corp. power plant

10/1/2009

India

Unknown

 Nyagan combined cycle power plant-GRES

8/1/2009

Russia

2014

 Shin Kori 5,6

7/1/2009

South Korea

2020

 Punta Alcalde (Huasco) power project 1-5-Endesa Chile

3/1/2009

Chile

2018

 Opole expansion-Polska Grupa Energetyczna

2/1/2009

Poland

2019

 Ninh Thuan 1-1,2 nuclear power plant-EVN

11/1/2008

Vietnam

2025

 Poland nuclear power plant-Polska Grupa Energetyczna

7/1/2008

Poland

2030

 Paks replacement

5/1/2008

Hungary

2025

 Polk combined cycle conversion-Tampa Electric

3/1/2008

FL

2017

 Raghunathpur power project-Damodar Valley Corp

12/1/2007

India

Unknown

 Masinloc 2-AES Philippines

9/1/2007

Philippines

2018

 Damietta 3--Egyptian Electric Authority

 

Egypt

1989

 Takoradi 1 combined cycle plant-TAQA

 

Ghana

2016

 

 

New power generation projects are tracked in two publications. Fossil and Nuclear Power Generation includes both market forecasts and project data. World Power Generation Projects has just the project data.

 

For more information on World Power Generation Projects, click on: http://home.mcilvainecompany.com/index.php/databases/28-energy/486-40ai

 

 

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Bob McIlvaine
President
847 784 0012 ext 112

rmcilvaine@mcilvainecompany.com

www.mcilvainecompany.com