Subject: Air Filtration Market News
Here are excerpts for the month of July ’06 to the Air Filtration and Purification Markets Updates. These updates reflect only some of the new additions. The analysis and revenues are constantly revised.
CONSTRUCTION
U.S. Housing Starts Fall 5.3 Percent in June
Housing starts fell 5.3 percent to an annual rate of 1.850 million…
U.S. Regional Housing Gains
The National Association of Home Builders reported that while housing starts are expected to decline nationally, Idaho, North Carolina, Oklahoma, Washington and Wyoming are all forecast to boost housing starts this year..
Dubai Fast Growing City
An economic and construction boom in the Persian Gulf region is creating business opportunities for architects, engineers and project management firms from around the world. As oil prices have increased from $9 a barrel in 1999 to over $70, office buildings, hotels, shopping malls and private mansions have become more popular in the Middle East due to private and corporate investment in the region…
China to Build More Low-rent Houses
Chinadaily reports China's urban authorities have been ordered to spend 5 percent of their revenues earned through land sales to build low-rent apartments…
China Still Growing; Looking to Curb Foreign Investment
China has recently reported its fastest economic growth in a decade. New construction projects begun in the first six months of the year are up 22.2 percent from the same period of 2005. But there is worry there is a glut of unneeded properties that could leave banks buried under unpaid loans…
Hang Lung Properties to Invest US $3.2 billion Outside Shanghai
Hang Lung Properties Ltd, Hong Kong's third-largest property developer, plans to invest HK$ 25 billion (US$ 3.2 billion) in 10 projects outside Shanghai over the next two to three years as it expands across the country…
Australian Housing Starts Rise
There has been an unexpected rise in the number of housing starts across Australia. Figures from the Australian Bureau of Statistics show new developments have jumped 10.6 per cent in the March quarter. It follows falls of 8 per cent and almost 4 per cent in the previous two quarters..
FINANCIALS
CLARCOR Inc. reported today that second quarter 2006 sales increased by 3% and operating profit declined by 5% compared to the same quarter in 2005…
Polymer Group, Inc announced results of operations for the first quarter ended April 1, 2006. First quarter sales grew 6.6% to $260.4 million compared to the first quarter of 2005…
Flanders Corp.'s earnings dropped 29 percent for the second quarter. The St. Petersburg-based company reported earnings of $2.5 million…
NONWOVENS
BBA Fiberweb to Construct New Airlaid Production in Italy
BBA Fiberweb will construct a new airlaid production at its Korma facility near Monza, Italy. The project includes the next generation of flexible and modular airliad technology…
Japanese Spunbond Manufacturers
Nonwovens Industry states there are about thirteen known manufacturers of spunbond nonwovens in Japan, with total production capacities at 139,800 in 2005…
Price Increase Announced
Nonwovens Industry reports companies are responding to raw material and energy price increases with price hikes…
Filtration 2006 in Philadelphia
The Filtration 2006 International Conference and Exposition will be held this year in Philadelphia, PA on November 28-30…
EDANA Filtration Conference in Germany
Filtrex, October 24th and 25th in Munich, features 20 papers from industry speakers. Topics covered include two new sessions on nanofibers and testing…
COMPANY NEWS
Heimbach Investing $9.5 million in Needling Machine
Heimbach is investing $9.5 million (Euro 8 million) to purchase a new needling machine. This investment, along with the purchase of a new steam heat-setting calendar, increases the capacity of the press felt supplier’s Düren site…
CLARCOR Announces Capital Spending and Restructuring Program
CLARCOR’s Board of Directors has approved a capital spending and restructuring program aimed at improving operating efficiencies and reducing manufacturing costs at its CLARCOR Air Filtration Products subsidiary…
For more information on Air Filtration and Purification Markets, click on: http://www.mcilvainecompany.com/air.html#N022 .
Bob McIlvaine
847-784-0012