WORLD NEWS
7
INTERNATIONAL AND SPECIALIZED TRANSPORT
■
DECEMBER 2013
HIGHLIGHTS
■
Steel producer Al-Ezz
Dekheila Steel (EZDK), based
in the Middle East, has been
using two Sennebogen 640 M
mobile cranes at a steel plant
in Alexandria, Egypt. They work
for 10 hours a day loading steel
coils weighing around 2 tonnes
each. Both cranes have a
25 kW magnet system powered
by a 220 volt generator. Around
2,800 tonnes of steel coils and
3,400 tonnes of bundles leave
the production plant daily, a
company spokesperson said.
Additional machines with a
modified magnet system have
been ordered to load bundles
and coils.
■
Russian crane manufacturer
Avtokran, based in Ivanovo, has
released its financial results for
the first nine months of 2013.
Production of Ivanovec truck
cranes increased by more than
27 % to 1,655 units. Around
200 million roubles (US$ 6
million) has been invested in
the production plant.
Tower crane rental company Wilbert used a WT 650 e.tronic and a flat
top WT 420 e.tronic for reconstruction work at a paper mill in Alfeld,
Germany. First tasks for the WT 650 at the Sappi paper mill included
making the building structurally
sound. Work included opening
the ceiling, removing existing
steel joists and lifting new
steel and ceiling structures, a
company spokesperson said. It
was configured with 53 m height
under hook and an 82.5 m
jib. The WT 420 was then
brought in to prepare the site
for a 135 tonne MG cylinder with
a diameter of 6.5 m. The tower
cranes worked on site for
eight months.
PROFIT UP 11% AT
TIONG WOON
Tiong Woon Corporation
Holding Ltd (Tiong Woon)
reported an 11 % increase in
profit for the quarter ended
30 September 2013. Figures
released by the company
show that turnover rose
3 % to S$44.6 million
(US$ 35.7 million) and gross
profit rose 30 % to
S$14.8 million (US$11.8 million)
for the three months ended 30
September 2013 over the same
period a year before.
The heavy lift and haulage
division rose 6 % to S$36.3
million (US$ 29 million),
contributing 81 % of the
group’s revenue and 94 % of
profit before tax. The growth
was mainly due to an increase
in heavy lift and haulage
projects in the Asia Pacific
region, a spokesperson said.
Ang Kah Hong, Tiong Woon
executive chairman and
managing director, said, “I
am happy with our ability
to achieve good financial
performance despite the
challenging business
environment marked by rising
labour costs and economic
uncertainties. As the Singapore
economy restructures for
its next phase of growth,
improving on productivity will
be a key concern of every
company," Ang concluded.
At 30 September Tiong Woon
had 431 cranes in its lifting
fleet and 262 vehicles and
equipment in haulage assets.
Manitex buys
Valla and posts
positive results
On the heels of the
announcement of positive
third-quarter financial
results, Manitex International
announced that it will purchase
Valla Cranes. Mobile industrial
crane manufacturer Valla
SpA of Piacenza, Italy, posted
US$7.5 million in revenues in
2012. The purchase price was
undisclosed.
Manitex International
posted net revenue of $57.5
million, up 8 % on the $53.4
million in the same quarter of
2012. Revenue declined 8 %
compared to the record second
quarter 2013 revenue of
$62.6 million.
David Langevin, Manitex
chairman and CEO, said,
“Despite a very slow overall
economic environment, we
posted another solid quarter
of growth, putting us on
pace to reach a record level
of sales and profits for the
full year 2013. We intend to
continue to grow through the
introduction of innovative
niche products, such as our
new 15-, 30-and 70-ton crane
models along with acquisitions
such as Sabre, which closed
during the quarter, which
fit our specialized product
strategy. Specifically, the third
quarter was in line with our
expectations, with notable
improvement in our EBITDA
margin to 9.8 percent of sales
and a steady rate for our gross
margins. Given the state of
the global economy, and our
higher production levels, our
backlog is also in good shape.”
TYHI builds 500 tonne all terrain
Chinese manufacturer Taiyuan
Heavy Industry (TYHI) has
built a 500 tonne capacity
all terrain crane with an
84 metre boom. The first unit
of the TZM500 was completed
and displayed to employees
at the factory on 12 October.
Target applications listed by
the manufacturer include wind
power, petrochemical and civil
engineering industries.
TYHI said it has begun
manufacturing other cranes
for civil construction,
including 660 tonne capacity
lattice boom crawler cranes,
the 1,200 tonne capacity
TZT1200 telescopic crawler
and 1,200 tonne capacity
TZM1200 wheeled mobile
telescopic cranes.
The news follows the first
application of the company’s
6,400 tonne capacity super
heavy lifting gantry tower (
IC
August 2013, page 8) on the Lu
An electric heating oil project
in China.
Products from TYHI
include a 1,200 tonne capacity
EOT crane, a 500 tonne ladle
crane and a 75 cubic metre
shovel for mining.
Taiyuan Heavy Industry
is part of the Taiyuan
Heavy Machinery Group,
originally known as Taiyuan
Heavy Machinery Plant
(TZ) established in 1950.
In the 1980s the company
manufactured a 200 tonne
capacity lattice boom
crawler crane.
More information will
follow from
IC
as soon as it
becomes available.
The new 500 tonne capacity
TZM500 all terrain crane built
by Taiyuan Heavy Industry being
unveiled to employees at the
factory in Shanxi Province on 12
October 2013
