June 2015 - Filtration and Centrifugation Insights 48

The market for equipment and media to separate larger particles from liquids and dewater slurries will exceed $6.7 billion next year. This is the latest forecast in Liquid Filtration and Media: World Markets published by the McIlvaine Company. (www.mcilvainecompany.com)

World Region	2016
Total	6,776
Africa	202
CIS	195
East Asia	2,777
Eastern Europe	159
Middle East	227
NAFTA	1,200
South & Central America	517
West Asia	626
Western Europe	873

The equipment included in this forecast are gravity belt filters, belt filter presses, drum filters, leaf filters, granular media filters and bag filters. These devices are separating particles between 1-100 microns from various liquids from water to wine. Dewatering of sewage sludge and other slurries is a major use.

East Asia will dominate the market next year for several reasons. The first is the large investment in belt filter presses to dewater sewage sludge, mining ores and coal slurries. The large investment in flue gas desulfurization will be accompanied by significant investment in belt filters to dewater gypsum. Granular media filters will purify much of the water needed for cooling in coal-fired power plants.

Hardware sales in NAFTA will be less than 50 percent of the hardware sales in East Asia, but the sales of media will be more equal. This is because the existing market is large in NAFTA but the new expansions are comparatively few.

NAFTA will benefit from a substantial expansion of oil and gas processing plants. Hydraulic fracturing is creating the need for treatment of the flow-back liquid which contains sand, shale particles and high levels of dissolved solids. Treatment of produced water is another expanding application. The use of automatic backwash filters in treatment of ballast water is another growth segment.

International Monetary Fund has lowered its outlook for Canadian economic growth.

It describes Canada’s recent performance as “solid” but says the risk to its growth has been increased by an unusually large drop in oil prices, weaker business investment in the energy sector and lower employment growth

The latest projection from the Washington-based agency calls for the Canadian economy to grow 2.2% in 2015, down from the January estimate of 2.3%.

Canada is expected to outperform Japan and countries that use the euro, but lag behind the United States and the United Kingdom.

The IMF estimates in a report that the American economy will grow 3.1% this year and the U.K’s real gross domestic product will grow by 2.7%.

The IMF also predicts the 18 countries that use the euro will expand 1.5% in 2015, up from a January forecast of 1.2%. The fund forecasts that Japan will grow 1.0% this year, versus an earlier forecast of 0.6%.

Exports have been touted as a savior of the economy, with Canadian exporting set to rise on the lower dollar…The remaining text is not included in this sample.

Is it time to start panicking about China’s debt? If you believe Beijing won’t support the municipalities that have overdosed on credit over the last few years, then absolutely. But overall, China’s federal level debt remains low, bank’s remain strong despite higher non-performing loans on the balance sheet, and yet we still get a total debt to GDP ratio of a whopping 282%.

First, a little comparison. The U.S. total debt to GDP, which includes household and corporate debt, is 331.7%. The economy has not imploded because of that, though there are plenty of people out there with books and newsletters to sell who say it is only a matter of time. They might be right. The same holds for China.

McKinsey Global Institute blamed China’s debt burden on a credit bubble which began in earnest in 2009. Back then, China was trying to plug up the holes left by the U.S. and European financial crisis. China is export dependent. When its two biggest clients fell because of its own credit bubble, China did what all economies do in crisis — stimulate, stimulate, and stimulate some more.

McKinsey says local debt is the biggest problem. Central government debt is still low, at around 64% of GDP. That gives the government room to — well, stimulate some more. The central bank is currently running its own mini-QE program, which has helped the stock market beat the MSCI Emerging Markets Index by a landslide year-to-date…The remaining text is not included in this sample.

Investors can expect mostly upbeat data from Eastern European markets this week, despite the potential contagion from recession in Russia and financial crisis in Greece, according to Capital Economics.

Russia, Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia are scheduled to report first quarter GDP figures this week. The Russian economy likely contracted by around 3% year over year, with inflation hurting consumer spending. “But industry has held up reasonably well, which has prevented an even sharper fall in output,” Capital Economics writes. For central and southern Europe, Capital Economics sees an expansion in output of 3% year over year for the region, compared with 2.7% in the fourth quarter of 2014. Capital Economics adds:

“There has been very little evidence, so far at least, that the recession in Russia and renewed problems in Greece have had any impact on activity in the region … At a country level, we think that Hungary and Poland were the region’s best performers. We have penciled in GDP growth of 3.3% y/y in both countries, which would roughly be in line with the fourth quarter’s outturn. Elsewhere, we think growth in the Czech Republic accelerated to around 2.0% y/y in the first quarter, from 1.4% y/y in the fourth quarter, and would highlight that the chance of an upside surprise here is high.

As for Russia, Capital Economics expects preliminary first quarter GDP contraction due to the toll from “low oil prices, last year’s ruble crisis and Western sanctions.”

The slump in consumer-facing sectors was probably the biggest drag on growth in Q1 as households’ real incomes collapsed on the back of soaring inflation. Retail sales contracted by 6.9% y/y in real terms over the first three months of the year. Investment in productive capacity was also hard hit, falling by 6.1% y/y in Q1…The remaining text is not included in this sample

Oil and Gas Project Tracking is available at a discount to Liquid Filtration and Media World Markets or Sedimentation/Centrifugation World Markets subscribers.

Treatment chemicals are an important addition to most oil and gas processes. Access to details on the worldwide oil and gas projects is provided at a substantial discount to Liquid Filtration and Media World Markets or Sedimentation/Centrifugation World Markets subscribers.

French Utility, Engie Considers Acquisitions to Expand in Renewables, LNG Market

Freeport LNG Closes Financing and Commences Construction of Third Liquefaction Train

Venture Global LNG Announces Manufacturing and Engineering Team for Calcasieu Pass Project

Parallax Energy Purchases Louisiana LNG, Its Second Mid-Scale LNG Facility This Year

EPA and Dominion Cove Point Settle Violations at Maryland Natural Gas Distribution Facility

Bestobell Marine Receives Third Valve Order from China’s Hudong Zhonghua Shipyard

Engro Corp and Excelerate Energy Commission Pakistan’s Port Qasim LNG Terminal

State Agency Upholds Clatsop County Decision against Gas Pipeline to Oregon LNG Plant

Pacific NorthWest LNG & Progress Energy Canada Welcome Approval of North Montney Mainline Project

Dominion and Business Partners Celebrate Construction of Cove Point Liquefaction Project

Sempra Energy Submits Port Arthur Liquefaction-Export Facilities for FERC Pre-File Review

CB&I, Chiyoda and Zachry Group Awarded Contract for LNG Liquefaction and Export Facility

ONEOK Partners and Fermaca to Construct Export Natural Gas Pipeline from West Texas to Mexico

Siluria Technologies Announces Start-Up of First Demonstration Plant to Directly Convert Natural Gas to Ethylene

CONSOL Energy Appalachian Operations Certified for Completion of Air & Water Evaluation and Verification Process

Rise of Deadly Radon Gas in Pennsylvania Buildings Linked to Fracking Industry

Kinder Morgan and Keyera to Build New Crude Oil Storage Terminal in Edmonton, AB

Severstal to Supply 160,000 Tonnes of Large-diameter Pipes for Power of Siberia Project

Energy Recovery Commissions First IsoGenTM Turbogenerator System for Saudi Aramco

McDermott Awarded SURF Installation Scope for Atlanta Early Production System in Santos Basin, Brazil

CONSOL Energy and Halliburton Deliver Fracturing Spread Powered by EPA Tier 4F Emissions Standard-Compliant

Pipeline Owners and Developers Planning Host of Projects to Reach New Markets

NuStar Energy Building Storage to Enable Condensate Exports from Corpus Christi

These sales leads are part of Oil, Gas, Shale and Refining Markets and Projects, and are issued bi-weekly. As a subscriber to Liquid Filtration and Media World Markets or Sedimentation/Centrifugation World Markets you receive a 30 percent discount for this service.

This monthly update is devoted to wastewater infrastructure news around the world, outside of the United States and Canada, and is meant to complement Liquid Filtration and Media World Markets or Sedimentation/Centrifugation World Markets.

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

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.

Project Title	First Entry Date			Location	Startup date
Simhadri III expansion-National Thermal Power Corp.	4/1/2015			India	Unknown
Sorong power plant-Japan Gasoline Co	4/1/2015			Indonesia	Unknown
Zabrze CHP plant-Fortum	4/1/2015			Poland	2018
Mae Moh ultra supercritical expansion-Electricity Gen Auth of Thailand	4/1/2015			Thailand	2018
Odessa IGCC power plant-Summit Power	4/1/2015			TX	Unknown
Duyen Hai 2	4/1/2015			Vietnam	2020
Duyen Hai 1	4/1/2015			Vietnam	2015
Manuguru power plant-Telangana State Power Generation	10/1/2014			India	2017
Bin Qasim power plant	7/1/2014			Pakistan	2018
Jaworzno ultra supercritical power plant-Tauron	7/1/2013			Poland	2019
Safaga power plant on Red Sea-Orascom	1/1/2013			Egypt	Unknown
Rampal (Friendship. Maitree) power plant-Power Development Board/NTPC	9/1/2010			Bangladesh	Unknown
Khargone ultra supercritical power plant-NTPC	4/1/2010			India	Unknown
Batang power plant-PT Adaro Energy, J-Power, and Itochu	4/1/2010			Indonesia	2019
Duyen Hai 3-3 supercritical power plant-EVN	1/1/2009			Vietnam	2018
Aqaba Stage 1-Jordan nuclear power plants	12/1/2008			Jordan	2021
Hongyanhe 1-6 nuclear power plant-CGNPC	9/1/2007			China	2021
Kusile supercriticcal power project-Eskom Project Bravo	1/1/2007			South Africa	2018
Sasan supercritical power plant-Reliance Power	1/1/2006			India	2015
Krishnapatnam B supercritic(Sri Damodaram Sanjeevaiah)-Andhra Pradesh Power				India	2015
Zuma Energy Nigeria power plant (Itobe		3/1/2015	Nigeria			Unknown
Cadiz CFB power plant-North Negros Energy Power		3/1/2015	Philippines			2018
Cox's Bazar (Matarbari) ultra supercritica plant-Bangladesh Power Dev. Board		5/1/2013	Bangladesh			2019
Kudankulam expansion (3 and 4)		9/1/2010	India			2023
Bhadreshwar power plant-OPG Ltd.		9/1/2010	India			2015
Fangjiashan 1,2		7/1/2010	China			2015
Krishnapatnam Phase 1-Thermal Powertech Corp. India		5/1/2010	India			2016
Barakah 1-4 nuclear power plant		6/1/2009	United Arab Emirates			2020
Barapukuria expansion (III)-CMC		3/1/2008	Bangladesh			Unknown
Astravyets in Ostrovetsky district--Belarus nuclear power plant		6/1/2007	Belarus			2020
Alvin W. Vogtle 3,4 nuclear power plant-Georgia Power, Oglethorpe Power		6/1/2007	GA			2020
Tanda supercritical power plant-NTPC		8/1/2006	India			2019
Moorburg 1,2-Vattenfall Europe		5/1/2006	Germany			2015
Margam biomass power plant		2/1/2015	UK			2017
Kothagudem power plant		10/1/2014	India			2018
Hub Power Co.power project		10/1/2014	Pakistan			2018
Tuticorin expansion-Neyveli Lignite		12/1/2013	India			Unknown
Dahej power plant-Adani Power		1/1/2008	India			Unknown
Metsamor-Armenia replacement nuclear power plant		10/1/2007	Armenia			2027
Tiroda Phase I and II power project-Adani Power		10/1/2007	India			2016