Linde Material Handling makes customers fit for tomorrow’s intralogistics

Linde at LogiMAT: Digital, connected, autonomous and safe Aschaffenburg, It is the many continuous innovation steps that help to make the transition to digitally controlled and interconnected processes, autonomous solutions, the highest safety standards, and even more powerful drives become a reality. At the LogiMAT trade show in Stuttgart, Germany, from March 13-15, 2018 Linde Material Handling will show how large its range of corresponding products has now become and what innovations have been added to make the handling of goods across all sectors fit for the future. Visitors will…

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Water crisis puts plant-operating efficiencies under pressure

The City of Cape Town anticipates that its supply of municipal water will run out around March 2018 and is looking into various ways to boost access to water – this includes sea-based desalination, water reclamation and groundwater abstraction projects. The city has realised its water saving measures, which focused on driving down demand and supplementing supply, are not working and it has had to relook at its plan. According to Schneider Electric, water efficiency can be achieved in plants and processes that deliver drinking water and waste treatment facilities,…

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Manufacturing production increased by 2,2% in October 2017

Manufacturing: Production and sales, October 2017 Manufacturing production increased by 2,2% in October 2017 compared with October 2016. This increase was mainly due to higher production in the following divisions: food and beverages (7,3% and contributing 1,8 percentage points); and basic iron and steel, non-ferrous metal products, metal products and machinery (5,8% and contributing 1,1 percentage points). Seasonally adjusted manufacturing production increased by 0,7% in October 2017 compared with September 2017. This followed month-on-month changes of -1,0% in September 2017 and 0,4% in August 2017. Seasonally adjusted manufacturing production increased…

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Manufacturing Circle optimistic about prospects of factories

Manufacturing Circle optimistic about prospects of factories

The breakdown of the survey shows firms remain pessimistic about South Africa’s outlook Picture: ISTOCK Despite the Absa purchasing managers’ index (PMI) spending six months in contractionary territory, the Manufacturing Circle is adamant that manufacturing is SA’s greatest opportunity for job-rich growth. The seasonally adjusted PMI, which measures activity in manufacturing, rose to 48.6 index points in November from 47.8 in October. While a score above 50 indicates an expanding manufacturing sector, the PMI nevertheless rose to its highest level in six months. The breakdown of the survey showed that…

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Ambitious project to create a million manufacturing jobs in 10 years

PRETORIA – A new initiative has been launched that aims to create more than a million jobs in the manufacturing sector over the next decade. Since 1989, the sector has shed half a million jobs with manufacturing’s contribution to GDP dropping from 24 percent to less than 13 percent in 2017. The Map to a Million project by the Manufacturing Circle proposes a manufacturing working group be established among business, labour and government to increase job creation in the sector. Key elements to boost employment in the industry is to increase…

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South African business bodies, Singapore manufacturers sign new MoUs

South African business bodies have signed new Memorandums of Understanding designed to support stepped up trade, investment and cooperation between South Africa and ASEAN nations, on the opening day of the first Africa–ASEAN Business Expo (AABE) and Africa–ASEAN Business Forum (AABF) at the Sandton Convention Centre on 6 November 2017. The fast-growing ASEAN Economic Community (AEC), representing 10 South East Asian states with a combined population of 625 million, is actively seeking closer trade links with the African continent, aiming to fast-track business and investment ties through new B2B platforms…

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Group Five to dispose of its manufacturing cluster

Group Five’s share price shot up 14.5% on October 6, when its new strategy was announced, but has dropped 52.57% for the year Group Five’s share price was little changed on Tuesday, despite the company providing additional details on a turnaround strategy first announced in October. The construction group said in a strategy update it would dispose of its manufacturing cluster — some 10% of its business — as it shifts away from its historical focus on construction, towards infrastructure and investment. Group Five’s share price shot up 14.5% on…

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Innovation the key to reviving SA’s manufacturing sector: steel federation

JOHANNESBURG – Innovation was crucially important for the future survival of South Africa’s manufacturing sector, the Steel and Engineering Industries Federation of Southern Africa said on Tuesday. Speaking at the Industrial Development Conference held in Sandton, SEIFSA Chief Executive Officer Kaizer Nyatsumba said innovation would ultimately be the difference between thriving manufacturers and those that were merely surviving. Nyatsumba said that the South African manufacturing sector was going through a “structural adjustment phase, rather than a cyclical downturn” and a “rethink of South Africa’s approach to manufacturing was, therefore, most…

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Manufacturing sector rises slightly in September but is still contracting

Domestic demand conditions remain tough, but some factory managers noted an improvement in exports after a dip in August Picture: THINKSTOCK South African factory managers were slightly less pessimistic in September than in August, with the monthly Absa sponsored purchasing managers index (PMI) rising to 44.9 points from 44. A score of under 50 indicates SA’s manufacturing sector is contracting rather than expanding. The index tends to be a reliable forecaster of what Statistics SA’s manufacturing data will show in about two months. Of the main subcomponents, the new sales…

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Nigerian industrialist Aliko Dangote shares secret of backward integration with investors: “Produce the entire value chain”

At the Financial Times’ 4th annual Africa Summit (http://APO.af/qv2dZF) at Claridges in London, editor in chief Lionel Barber conducted an extraordinarily candid public conversation with Nigerian Aliko Dangote, Africa’s most successful business leader, in the presence of Nigerian vice-president Professor Yemi Osingajo, Congolese presidential hopeful Moise Katumbi, and about 300 business leaders. Mastering detailed production statistics and highly-compelling demographics on promising sectors of the African economy, Dangote outlined the key to his success: self-sufficiency and backward integration, a manufacturing strategy that extracts value from entire processes. “We are not going…

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