TPT July 2014

Industry News

EFD wins ITA award ATECHNICAL paper co-authored by two senior EFD Induction R&D engineers won an International Tube Association (ITA) award at Tube Düsseldorf.

conference during the past two years. The ITA is an association of tube and pipe engineers, and a major presence in the global tube and pipe industry. EFD Induction has to date installed thousands of heating solutions for a wide range of industrial applications, bringing the benefits of induction technology to many of the world’s leading manufacturing and service companies. The company has manufacturing plants, workshops and service centres in the Americas, Europe and Asia.

Leif Markegaard and John Inge Asperheim, both of whom are based at the EFD Induction facility in Skien, Norway, were granted the ITA’s ‘Papers Award’ for co-authoring a technical article on seam annealing. The paper, titled ‘Parameters Influencing In-line Weld Seam Heat Treatment’, was written together with two employees of Baosteel, the giant Chinese iron and steel manufacturer. The award is granted by the ITA to honour the best technical paper presented at an ITA-endorsed

EFD as – Norway Fax: +47 3550 6008 Email: sales@efdgroup.net Website: www.efd-induction.com

John Inge Asperheim (left) and Leif Markegaard (centre) were presented the award by Andy Houghton, chairman of the ITA’s technical management committee

Bewo expands JHP collaboration BEWO Cutting Systems intends to expand its collaboration with JHP Engineering Services in the UK. Boost to orders in first quarter “WITH its first-quarter results, Schuler has got off to a successful start in the new fiscal year 2014,” explained CEO Stefan Klebert on presentation of the company’s interim report in Göppingen. From January to March 2014, orders were up 19.8 per cent year on year to €319.8mn. The press manufacturer made strong gains inAsia, and especially China, as well as in South America and the Gulf region. In Europe, Schuler received its largest-ever service order. At €258mn, sales were 16 per cent below the corresponding prior-year figure. As expected, sales suffered from falling orders in the previous year. Due to this decline in revenue, earnings before interest, taxes and amortisation (EBITA) of €17.5mn fell short of the prior-year figure of €26.4 million. The group profit for the period, however, rose from €10.7mn to €11.3mn thanks to lower interest expenses and taxes. At the end of the quarter, Schuler’s net financial status improved to €307.8mn. Equity rose by 4.2 per cent to €286.3mn. “Over the past few years, Schuler has worked hard to establish a strong market position and solid financial basis. We must now continue along this successful path,” stated Mr Klebert with reference to the company’s key financial figures. The company has also confirmed its guidance for the fiscal year 2014. Schuler continues to expect total sales of around €1.1bn in 2014 with an EBITA margin of 6 to 7 per cent. “The high order backlog of around €1.1bn provides a solid basis for our 2014 sales and earnings forecast,” concluded Mr Klebert. At the end of March 2014, the group employed 5,494 people. Schuler AG – Germany Website: www.schulergroup.com

are confident that the combination of the high quality service of JHP and the powerful brand of Bewo together with our large installed base will be distinctive and will be able to give the UK market what it deserves.”

expectations of the UK market. JHP Engineering Services and Bewo have been collaborating for decades. This collaboration has now been expanded. Where Mr Paddick previously provided service to Bewo cutting lines, he now is a ‘qualified sales and service partner’. UK-based companies interested in new Bewo cutting lines can now contact JHP. With the expanded collaboration, Bewo and JHP cover the whole of England, Wales and Northern Ireland, and provide specialised service engineers. Marcel Veenstra, sales and service manager at Bewo, said, “We

During the last few years Bewo has sold many sawing lines, mainly outside Europe. The company has signed a new contract for cooperation for the sales of new equipment, and service and distribution of spare parts on the UK market. With this expansion Bewo gives a new impulse to its market approach in the UK, together with Justin Paddick of JHP. Bewo and JHP will also be able to respond to the recent increase in demand and the service

Bewo Cutting Systems BV – The Netherlands

Fax: +31 13 4677079 Email: info@bewo.nl Website: www.bewo.nl

JHP Engineering Services – UK Website: www.jhpengineeringservices.co.uk

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J uly 2014