Background Image
Previous Page  72 / 116 Next Page
Basic version Information
Show Menu
Previous Page 72 / 116 Next Page
Page Background

70

Wire & Cable ASIA – September/October 2014

www.read-wca.com

From the Americas

of 2015 has helped promote the construction of wind

farms. Since the law was passed in 2008, utilities have

invested more than $2.2 billion in renewable technology,

including building hundreds of wind turbines.

The Public Service Commission said on 27

th

June

that there are now more than 20 wind farms, either

operational or in development, in Michigan.

The last major obstacle to General Electric’s $13.5

billion acquisition of the energy assets of Alstom fell on

22

nd

June, when the French government said it would

take a 20 per cent stake in the remaining portion of the

French industrial conglomerate.

When the state holding company, the Agence des

Participations de l’État, made its surprise move,

Alstom’s board accepted GE’s offer for the energy

business.

The deal that Alstom and GE tentatively reached in

late April had been stopped by opposition from the

government, which regards Alstom as a French national

asset. Some concern was expressed about critical

nuclear technology coming under foreign control.

Now Paris has won at least a symbolic victory by

keeping a large portion of Alstom as a French company.

And General Electric (Fairfield, Connecticut), having

made a few concessions, obtained what it was

seeking: a unit which makes power generation

equipment and the electrical grid to deliver energy to

customers.

Metals

Drawing inspiration from the structure of bones and

bamboo, researchers at North Carolina State University

have found that by gradually changing the internal

structure of metals they can produce stronger, tougher

materials that can be customised for a wide variety of

applications including automobile parts.

Yuntian Zhu, a professor of materials science and

engineering at the college and co-author of two papers

on the new work, explained that the small grains at the

surface of metals make it harder but less ductile.

Professor Zhu told

R&D Magazine

(2

nd

July) that by

gradually increasing the size of the grains further down

in the material the research team was able to enhance

both ductility and strength.

“We call this a ‘gradient structure,’ and you can use

this technique to customise a metal’s characteristics,”

said Xiaolei Wu, a professor of materials science at

the Institute of Mechanics of the Chinese Academy of

Sciences, and co-author.

Professors Wu and Zhu tested the gradient structure

concept in a variety of metals, including copper, iron,

nickel, and stainless and interstitial-free (IF) steel. They

said that the technique improved the metal’s properties

in all of them.

A survey of executives in Canadian and US metals

and mining companies found that investment in digital

technology by their firms has increased and will continue

to rise.

Nine out of ten of the executives surveyed in February

by the global management consultancy Accenture said

the way they do business will be markedly influenced by

a strategy incorporating digital technology. Companies

that do not embrace digital will lose their competitive

position and may face extinction, according to 88 per

cent of respondents.

One-quarter of the North American mining executives

surveyed said their digital investment in the previous

three years had doubled or more.

Over the next three years 33 per cent will significantly

increase their digital investment, 63 per cent will

increase that spending modestly, and 5 per cent will stay

at current spending levels. No companies surveyed are

planning to cut back on digital investment to 2017.

Looking ahead five years, the mining executives expect

digital to improve company productivity (73 per cent),

reorganise operations (65 per cent), and optimise the

supply chain (58 per cent). Accenture (Dublin, Ireland)

conducted the online survey of executives at 40

medium-to-large metals and mining companies.

Automotive

Fiat Chrysler, late to the party in India,

will try to establish itself there by

selling Jeeps

“Gaining a foothold in India is important for Jeep because

[India] is an emerging market and Jeep is trying to be a

global brand. Meanwhile Ford, Hyundai, Honda, Maruti

Suzuki and Toyota are far ahead there.”

After supplying this context for the declared intention of

Fiat Chrysler Automobiles (FCA) to begin selling Jeeps in

India before the end of 2015,

Detroit Free Press

business

writer Brent Snavely noted that India can be a difficult

place for new competitors. On the previous day, 25

th

June, reports had surfaced that Germany’s Volkswagen

may restructure operations in India for its Skoda brand,

which accounted for less than one per cent of India’s auto

sales.

Fiat Chrysler’s approach to India has been tentative as

well as tardy. Mike Manley, who heads the auto maker’s

international operations as well as the Jeep unit, shared

FCA’s reasons for its mid-2013 decision to postpone

an Indian launch of Jeep: currency fluctuations, and

unreadiness.

But, he told Mr Snavely at Chrysler’s proving grounds in

Chelsea, Michigan, the company has put uncertainty behind

it and is now intent on introducing the Jeep to Indian car

buyers. (“Jeep to Compete in India’s Emerging Market in

2015,” 26

th

June)