logo new

Circle Seal

  • Growth steady, but manufacturing still struggles

    A CBI growth indicator study has shown that while growth remains steady, momentum has slowed up. 748 companies from the manufacturing, retail and service sectors responded to the survey; it shows that as with other sectors the manufacturing industry is still affected by slow growth.

    The survey also revealed that expectations for the next quarter remain weak, but on a more positive note they are still above average.

    CBI Director of Economics Rain Newton-Smith stated:

    “Growth in the economy is steady this month, but momentum is slower than in the first half of the year.

    “Business and consumer services are stoking the economic fire, but while manufacturing has seen a modest improvement, firms in the sector are still expecting to see a fall in output.

    Newton-Smith added that the major risks to our economy came from beyond the UK; this is due to vulnerabilities in emerging markets and the possibility of volatile global markets.

    However, the PMI report from Markit showed an increase in exports for manufacturing in November, and while the sector continues to see moderate growth, it is the larger companies that are benefiting as opposed to the small and medium sized businesses.

    Rob Dobson, who is the Senior Economist at Market, said:

    “UK manufacturing is moving back into expansion mode during quarter four, as it starts to reverse the losses sustained in the prior quarter. Although the pace of growth so far is only very modest, it positions manufacturing as less of a drag on the broader economy.”

    Manufacturing Advisory Service

    The manufacturing sector was handed a blow on Friday, December 4th, when the government made the surprise announcement that it is to close the Manufacturing Advisory Service and the Growth Accelerator, which are all part of the government’s Business Growth Service.

    As part of the advisory service, manufacturers could get advice to help grow their business if they were based in the UK and had a turnover of less than £40 million; it helped to support manufacturers in a vast range of industries including the oil and gas, pharmaceuticals, food and chemical sectors.

    The decision to close the Business Growth Service was unexpected as it wasn’t announced as part of the spending review and some MPs, including Greg Mullholland, are calling for the decision to be reconsidered.

    Commenting on the decision, Baroness Lorely Burt stated:

    "The Manufacturing Advisory Service was a great asset to businesses, and an important part of the Industrial Strategy set up by Vince Cable.”

  • China hosts annual valve exhibition

    An industry expo due to be held in Guangzhou, China from May 14th-16th is expected to attract 10,000 visitors from forty different countries. The expo is an annual event that has been hosted annually since 1997.

    The fair will be held at the China Import and Export Complex, which is Asia’s biggest exhibition center; it was first opened in 2002.

    It is estimated there will be 300 exhibitors at this year’s event, with 8 per cent of them travelling from overseas to be there, and thousands of invitations for the exhibition have been sent out.

    Representatives from the food and beverage industry, environmental protection, petro-chemical, pharmaceutical, gas and electricity, water supply, and a vast range of other industries are also expected to attend.

    The exhibition has been designed to help manufacturers of valves, pipe fittings, castings and a range of other products to gain new customers for their products and make new connections with others in the same industry.

    It will also provide the opportunity to meet with new distributors and agencies to help increase distribution and forge new business relationships. In addition, it will give exhibitors the chance to reconnect with existing clients, increase import and export opportunities, mix with consumers and end users of the products, source new suppliers and even aid in the recruitment of key staff.

    Buyers from around the world have been invited to attend the exhibition and traders, wholesalers, importers and exporters, agents and distributors are all expected to be at the event.

    Exhibits

    There will be hundreds of different exhibits on display and numerous companies from China and the rest of the world are scheduled to be at the event when it gets underway in the middle of May.

    Future Trade Fairs

    Aside from the exhibition in China, there are a number of other trade fairs for the valve industry scheduled throughout the year. One of the most high profile events is due to be held in Rotterdam on the 30th September 2015 and it will run until 1st October.

    The trade show will highlight innovations and initiatives from the valve, pump and seal industries. The event is expected to attract buyers, process engineers and maintenance managers who are keen to demonstrate their solutions to new contacts in the industry.

    Exhibitors will also have the opportunity to demonstrate solutions that can make the valve industry safer and more efficient.

  • CMA issues Energy Market report

    A recent report by the Competition and Markets Authority has delivered its findings on the challenges that are limiting competition in the energy market. The report highlighted concerns that many customers have not considered changing over their energy supplier and this could be costing them over £100 every year.

    It was found that the far too many consumers were paying too much for their energy bills and it is thought that one of the reasons customers do not switch over is due to the fact that they find billing difficult to understand; regulators have introduced a four tariff system to try and make billing clearer, however, the report concluded it had not been as successful as hoped.

    Moreover, the report revealed that a lot of customers were reluctant to change over suppliers because they were concerned over the complexity of the process and they were unaware of what deals were available to them.

    Roger Witcomb, who chaired the investigation, said:

    “Whilst competition is delivering benefits to increasing numbers of customers, mainly through the growth of smaller suppliers with cheaper fixed-price deals, the majority of us are still on more expensive default tariffs. Many customers do not shop around to see if there’s a better deal out there – let alone switch. The confusing way energy is measured and billed can make comparing deals understandably daunting”.

    Mr Witcomb also noted the high level of customer complaints about companies in the Energy sector.

    Concerns over industry transparency

    Another issue addressed in the report was concerns over the lack of transparency in the energy industry and the distrust that this can cause among consumers.

    CMA Referral and Report

    The energy industry was referred to the Competition and Markets Authority in 2014 with the aim of establishing whether or not competition in the energy sector was working well for customers. It was also hoped that an investigation would help to make the energy market clearer for consumers to understand, and that this would result in a greater level of fairness for customers.

    As a result of the report, a number of possible remedies have now been drawn up; a final report is due to be issued by the Competition and Markets Authority by the end of 2015.

    Companies have been invited to submit their comments regarding the authority’s initial findings and these can be submitted until the end of July 2015.

  • Contracts for World’s biggest interconnector awarded

    Contracts worth €1.5 billion have been awarded to build an electricity link between England and Norway. When it is complete, the interconnector will be the longest in the world; NSN Link Limited gave the contracts to Nexans and Prysmian, who will be responsible for constructing the 740 km route.

    The England and Norway link will be the first time that two countries have shared a direct energy system; the project is a collaboration between the National Grid and Norwegian company Statnett SF.

    The cables will run from Blyth in Northumberland to Kvilldal in Norway. It will require almost 1500 km of cable to complete the project and there will also be a 10 km offshore route.

    Prysmian will be providing 950 km of the submarine and land cables; they will also be responsible for installing them. Prysmian will manufacture the cables in a factory in Naples and they will use a specially designed cable laying vessel, which is called the “Giulio Verne”.

    Nexans will be providing cabling for the Norwegian side of the connection; they will manufacture the cables in their Halden-based factory.

    Commenting on the project, Alan Foster, National Grid’s director of European Business Development, said

    “There is a huge programme of work for us to undertake over the next five years to deliver what will be the world’s longest interconnector.  Our contractors will have a big part to play in that successful delivery. But the benefits to both UK and Norway are also huge and when completed the link will deliver low carbon electricity for the UK and also add to security of supply for Norwegian consumers.”

    Håkon Borgen, Executive Vice President of Statnett, added that the project was vital for the future of the energy system in Europe.

    The licence that will allow the project to go ahead was first granted in 2013 when the Norwegian Ministry of Petroleum and Energy gave permission for the interconnector to be built. Preparation work at the site will begin in 2016 and will continue into 2017 when construction will get underway

    The link between the two countries will have numerous benefits including helping to provide a more secure power supply for both the UK and Norway, and the construction work will help to provide jobs. When the link has been finished it will have the capacity to produce 1400 MW of power.

    It is expected that the work would be completed in 2019 and the interconnector will be operational by 2020.

  • Doubt surrounds UK Steel manufacturing industry

    Uncertainty continues to surround the UK steel manufacturing industry following a review by Tata of its European Portfolio. In late March it was announced that due to the demand for steel being on the decline across the globe, the current excess of steel supplies and excessive manufacturing costs, the future of Tata steel plant in Port Talbot is now in doubt.

    A plan for Strip Products UK, which aimed to transform and restructure the business, was also deemed as unviable during the review, and it was decided that the Tata steel board would not be able to fund the plan.

    Heavy Losses and Proposed Sale

    It has been reported that the Port Talbot plant is losing £1 million and a day, however, these figures have not been confirmed and there is a question mark over the precise amount of the losses.

    There have been calls for the government to take ownership of the plant, but this is a plan that has been rejected by the Prime Minister and the only hope to save thousands of jobs is to sell the Tata steel plant.

    Sajid Javid Criticism

    Business Secretary Sajid Javid faced criticism for being on holiday at the time the news was announced, however, Mr David has said in a statement on his website that it was his efforts that convinced Tata to put the plant up for sale rather than close it down. The Business Secretary also defended his party’s efforts to support the manufacturing industry in the UK, specifically the steel industry.

    However, Stephen Kinnock, the Labour MP for Aberavon has described the Tory party’s response to the steel industry’s predicament as “a mixture of incompetence and indifference” and he has started the #saveoursteel campaign.

    CBI statement

    The CBI has issued a statement regarding the current steel manufacturing crisis. The CBI Deputy Director-General for policy and campaigns, Josh Hardie, said:

    “It’s clear that firms in our steel industry face major global challenges to stay competitive.

    “Our industrial base can best be supported by developing a long-term industrial strategy, protecting research and development investment to help raise productivity and ensuring energy costs remain competitive.

    “The Welsh and UK governments must work together, alongside businesses, to maintain and increase investment in Wales.”

    Liberty House and steel group with offices around the globe are reported to be interested in purchasing the plant, however, there are some concerns that government funding would need to be made available if the sale is to go ahead.

    It came shortly after the company has announced a deal to sell its plants in Scotland. The Clydebridge and Dalzell steel plants are to be sold to the Scottish government and they would then be sold on to liberty House.

  • Exports stall for small and medium sized manufacturers

    While small and medium sized manufactures in the UK have announced new job opportunities, increased orders and more domestic orders, they are still struggling when it comes to exporting goods.

    According to the statistics from the CBI SME Trends Survey, domestic orders remained steady, but export orders show little sign of picking up. It is also predicted that domestic orders will continue to increase in the next quarter, but small and medium sized manufacturers remain pessimistic about the future for exporting.

    A quarter of the 426 businesses surveyed stated their exports increased, but 28 per cent said they have fallen. These statistics are the same as the last quarter and companies expect the export market to remain unchanged in the near future.

    Moreover, there was less optimism surrounding the future for exports in the coming year, and a number of firms expressed concerns over how the exports would be affected by political and economic conditions.

    Export Challenges

    There are several factors making exports a challenge for UK-based businesses. The increase in the Pound against the European currency means UK firms are less competitive, while the on-going financial problems in Greece are causing continued concern.

    Katja Hall, CBI Deputy Director-General, said:

    “Smaller manufacturers are reporting solid increases in output, orders and jobs. While growth was a little slower this quarter, they expect a pick-up in activity in the next three months.

    “However, prospects for exporting to the rest of Europe remain a concern. Sterling’s recent rises against the Euro may mean more money in the back-pocket of holidaymakers, but it makes it that bit tougher for British manufacturers to stay competitive and sell inside the Eurozone.

    “Business will also be keeping a close eye on how the Greek situation develops in the coming weeks.

    New Government

    However, with a new government about to be elected, firms are hopeful there will be a more concerted effort to develop a long-term export strategy for the future, and businesses hope that this will be adopted sooner rather than later, as the CBI makes it clear exports are key for helping to keep economic growth on track.

    Employment Prospects and Output

    Nevertheless, despite the continued negative outlook for exports, employment prospects are looking up. Job creation in the manufacturing sector continued in the last quarter and at better than average rates. Moreover, job creation is predicted to grow in the next three months as well.

    Output was also on the increase; this trend is expected to continue into the next quarter.

  • Galloper Windfarm gets £1.5 billion investment

    Three companies have invested into the Galloper windfarm project, helping to secure £1.5 billion of funding. The new project partners are the UK Green Investment Bank, Siemens Financial Services and Macquarie Capital. Each of the companies will have a 25% equity in the windfarm, and they will be joining forces with RWE Innogy to move the project a step closer to reality.

    Welcoming the announcement, Energy Minister Andrea Leadsom said:

    “This is fantastic news for the region and the whole of the UK, reflecting the fact that we are open for business and the best place in the world to invest in offshore wind. This milestone shows how the UK’s offshore wind industry is going from strength to strength.”

    Commenting on the investment from the three firms, Hans Bünting, CEO of RWE Innogy said:

    “Today’s announcement is the culmination of many months of successful negotiations with our partners and investors and shows that the UK is still a strong market for offshore renewables”.

    Bünting added that securing the financing from the three partners was vital for keeping the project “on track”.

    In addition to its investment, Siemens will be supplying and installing 56 6 MW turbines as part of the Galloper windfarm, and they have signed up to a 15 year contract to provide ongoing maintenance.

    Head of Investing for the UK Green Investment Bank, Ed Northam, described the investment as a significant milestone in the development of the UK offshore industry.

    Construction work on the project, which is situated off the coast of Suffolk, will begin in November 2015. It is estimated the construction work will create approximately 800 new jobs, and when it is complete the windfarm is expected to produce enough energy to power more than 300,000 homes.

    When the project is up and running, the windfarm is likely to employ 90 people to keep the site operational.

    Project completion

    Permission for the Galloper windfarm was first granted back in 2013; cabling work got underway in 2014. It will be situated 27 km of the Suffolk coast and it will have the capacity to create 336 MW.

    In January 2016, work will begin at Sizewell beach to lay the cables and offshore construction work is scheduled to start in November 2016. The completed project will also have 6MW turbines and one substation.

    When it is finalised, the Galloper windfarm will be situated near to the Greater Gabbard windfarm, which opened in 2012. The Galloper windfarm is expected to be operational from 2018.

  • Gas and oil production in the UK predicted to increase

    The UK’s gas and oil production increased by 7 per cent in 2015, according to new figures released by Gas and Oil UK, however, it is warning that it will be difficult to sustain these levels during the coming year.

    In a statement, Oil & Gas UK’s chief executive Deirdre Michie, said:

    “Government data for the first 10 months of 2015 shows that the total volume of oil and gas produced on the UK Continental Shelf (UKCS) was up 8.6 per cent compared with 2014, with the production of liquids up 10.6 per cent and gas up 6.1 per cent.

    “Output in November and December tends historically to be more stable, but even so, Oil & Gas UK now expects year end production for the full year of 2015 to be seven to eight per cent higher than last year.”

    However, Michie also made it clear that gas and oil production will face many challenges in the year ahead; the most pressing challenges for the offshore gas and oil industry include the low prices for oil, and the sector is also facing job losses.

    In a recent statement, Michie also spoke of the importance of a resilient gas and oil industry, and it is imperative that the gas and oil industries adapt their strategies if they are going to compete globally and gain vital investment.

    The official announcement that production was on the increase followed predictions issued by the government in late 2015, but figures are expected to decline from 2020, according to the UKCS Oil and Gas Production Projections.

    New Initiatives

    A number of new initiatives were introduced in 2015 to help bolster the gas and oil sector in the UK. In late 2015, an Industry Behaviours Charter was signed by the Oil and Gas UK Board. The aim of the charter was to improve efficiency in order to transform the offshore gas and oil industry and enhance collaboration between SMEs, contractors and operators, as well as to develop new business models.

    In addition, the Rapid Efficiency Exchange was launched to allow gas and oil companies to come together to share useful advice on improving efficiencies in the industries, while also providing a forum to discuss the challenges that face the sector.

    Government support

    Oil and Gas UK added that an important factor for the future of the industries would be support from the government and HM Treasury.

  • Government draws up draft regulations for fracking

    The Government has drawn up a set of draft regulations that set out which areas will be protected from underground fracking.

    The regulations also detail the additional protections that will be given to Areas of Outstanding Natural Beauty, World Heritage Sites, and National Parks etc.; when fracking is permitted in these areas, restrictions will be put in place to protect them.

    Despite this, environmental groups have reacted angrily to the announcement that areas such as National Parks could be used for fracking. However, in a statement, Energy Minister Andrea Leadsom said:

    “The UK has one of the best track records in the world when it comes to protecting our environment while also developing our industries – and we’ve brought that experience to bear on the shale gas protections.

    “We need more secure, home grown energy supplies, and shale gas and oil have a vital role to play – much better that we use what we have at home than relying on supplies from volatile foreign imports.

    Ms. Leadsom added that the fracking industry would be “developed safely with world class environmental protections, creating jobs and delivering better energy security while safeguarding of some of our most precious landscapes.”

    Task Force on Shale Gas

    The draft regulations from the Government come at the same time as the latest report from the Task Force on Shale Gas, which examines the possible health implications and environmental concerns that could be caused by the shale industry in the United Kingdom.

    In its report, the Task Force detailed a number of recommendations to make the fracking industry safer. This includes companies providing full details of the chemicals that are used as part of fracking and regular monitoring from the Environment Agency to ensure that chemicals are kept at safe levels.

    The Task Force also suggested that a National Advisory Committee should be formed so that data could be collected and monitored, making it possible to analyse any possible impact that fracking could have on health and the environment.

    Commenting on the report, Lord Chris Smith, who chairs the Task Force on Shale Gas concluded by saying that:

    “Only if the drilling is done properly and to the highest standard, and with rigorous regulation and monitoring, can shale gas fracking be done safely for local communities and the environment.”

    Fracking has long been used in the U.K, but it gained more prominence when proposals were announced to use the method to extract shale gas; efforts are already being stepped up by several communities to prevent fracking in their local areas.

  • Government reaffirms commitment to Gas and Oil sector

    During a recent visit to Aberdeen, the Prime Minister David Cameron has again made clear his government’s commitment to the UK gas and oil sector, with the announcement of an action plan to build a stronger future for the industry.

    As well as the action plan there is to be a 1.3 billion package of tax measures for the gas and oil sector to help the UK industry to stay competitive. A number of other steps have been introduced, which include the announcement of £20 million in funding to allow for additional seismic exploration; this will help the gas and oil industry to find potential new sources of reserves.

    In addition, a new Gas and Oil Ambassador is to be appointed to enable UK companies to better market their services overseas. The Ambassador will be responsible for promoting the North Sea to countries around the globe and for increasing investment; an export target for the gas and oil industry will also be set.

    Commenting on the announcement by the Prime Minister, Amber Rudd, the Secretary of State for Energy and Climate Change said:

    “We’re stepping in to provide the extra support needed now with £20m of funding for seismic exploration to help industry find new oil and gas reserves. But we’re also determined to build a bridge to the future and make sure the expertise we hold in areas such as decommissioning can become a UK success story, boosting our economy, supporting jobs and creating more financial security for families.”

    “Work to be Done”

    While the decision to invest more into seismic exploration and the further government announcements were welcomed by Oil and Gas UK, its Chief Executive Deidre Michie added that there was still more work to be done if the United Kingdom was to become “the most attractive, mature oil and gas province in the world to do business in”.

    Michie also stated that the sector needed to do more to reduce inefficiencies and costs, and said that fiscal and regulatory measures would be necessary to help transform the sector and make it more attractive to global investors.

    The Oil and Gas Chief Executive went on to say:

    “The 2016 Budget needs to deliver an effective package of measures to help extend late life operations and asset trading, promote exploration and boost investment. In line with HM Treasury’s own strategy of continued fiscal reform, steps should also be taken in the Budget to deliver a further permanent cut in the headline tax rate.”

  • Manufacturing gains pace

    Purchasing Manufacturing Index (PMI) figures released by Markit on July 1 indicate encouraging news for the U.K.’s manufacturing sector. The PMI figures showed their highest increase in five months at 52.1, up from 50.4 in the previous month.

    According to the data from Markit, new orders were also on the increase, and they were accelerating at the fastest pace since October 2015. However, there was less positive news on the employment front, with further job losses in the manufacturing sector being reported for the sixth consecutive month.

    Commenting on the figures, Rob Dobson, senior economist at Markit said

    “With 99% of survey responses received before the end of 23rd June, the latest PMI signalled that the manufacturing sector has started to move out of its early year sluggishness in the lead up to the UK’s EU referendum.”

    CBI figures indicate greater stability

    In further positive news, figures released by the CBI indicated greater stability for the manufacturing industry. Its Industrial Trends Survey showed order books had gained in strength, with the food and drink sector among those receiving a boost.

    Manufacturing output and selling prices also showed signs of stabilising, and manufacturers are optimistic they will continue to increase in the next quarter.

    The Brexit Effect

    However, it needs to be considered that both sets of figures were compiled before the results of the Brexit vote were known and it will be some time before the full effects of leaving the EU are felt by businesses.

    There are concerns that the on-going certainty following the vote could impact on current business deals. In addition, it is not yet known what trade deals the UK government is going to be able to secure during its negotiations with the EU, or whether it will be possible for the UK to keep access to the single market.

    As uncertainty remains, the CBI are calling on the government to draw up firm plans for the UK and its future without EU membership, and it’s urging ministers to establish a framework, which would enable businesses to work effectively with the government.

    Brexit and Challenges for the Manufacturing Industry

    The fall in the pound following the vote has already left some businesses concerned over the rising prices of imports, which they feel they might have to pass on to customers. Also, the manufacturing industry is likely to face further challenges due to the increase in import costs

  • Mixed news for manufacturing

    New figures from the CBI and Markit, show mixed news for the manufacturing sector. According to figures released from the CBI, manufacturing output and exports have shown a steady growth in recent months, however, manufacturers are less optimistic about the near future.

    While output, employment and domestic orders were showing signs of improvement in the last quarter, post-Brexit, manufacturers are less optimistic moving forward.

    CBI Chief Economist, Rain Newton Smith, said:

    “Manufacturers picked up the pace over the second quarter, with output growing solidly. We’re also seeing encouraging signs of a boost to export competitiveness from a weaker sterling.

    “But it’s clear that a cloud of uncertainty is hovering over industry, post-Brexit. We see this in weak expectations for new orders, a sharp fall in optimism and a scaling back of investment plans.”

    UK Manufacturing PMI

    The UK Purchasing Manufacturing PMI was also down to 48.2 for July, with production and consumer orders only experiencing a modest rise, which is thought to be largely due to the uncertainties surrounding the aftermath of the Brexit vote. The figures are the poorest for three years, but export orders received a boost.

    Senior Economist, Rob Dobson from Markit, said:

    “The final PMI came in at 48.2, down from the earlier flash print of 49.1. The pace of contraction was the fastest since early-2013 amid increasingly widespread reports that business activity has been adversely affected by the EU referendum. The drops in output, new orders and employment were all steeper than flash estimates.”

    The demand for manufactured goods in the UK also appear to have been affected both prior to the vote and afterwards, and the PMI figures were also bad news the value of the pound, which fell sharply following the announcement.

    Production and employment

    The figures highlight concerns over employment figures in the manufacturing sector. Further job losses were recorded in July, and there are worries that the trend is set to continue. Production experienced the worst decline since 2012 and contractions were noted across the consumer, investment and intermediate goods sectors.

    Recession fears

    The poor performance of manufacturing had been expected following the Brexit vote and the uncertainty surrounding it. However, the PMI results were lower than predicted, and this has led to fresh concerns over a recession.

    David Noble, Group Chief Executive Officer from the Chartered Institute of Procurement and Supply stated that without new orders coming through, the downward trajectory in the manufacturing sector is likely to get worse in the short term.

  • National Grid discuss plans for Borehamwood site

    The National Grid are consulting with residents in Borehamwood over the future of a site that used to house the local gasworks.

    Work is currently underway to clear the site, and efforts to break up the gas holders that are located at the Borehamwood site are expected to get underway shortly; it is thought that the work will be completed towards the end of 2015. With the site cleared, plans for redevelopment can go ahead and there are proposals for the site to be used for housing.

    In addition to plans to remove gas holders from the site, gas equipment that is currently being used is to be transferred to another site in the local area.

    Residents and local councillors were at the meeting to hear about plans for the redevelopment of the site. At the meeting, residents had an opportunity to ask questions about the future of the former gasworks and to find out further details of the proposed redevelopment.

    Among those attending was Councillor Clive Butchins, who acts as a representative for the Borehamwood Hillside Ward.

    Commenting on the meeting, Councillor Butchins said:

    “Although it is a shame to lose such a local landmark, I am happy to see the gasholders removed from site to prepare it for a more useful future.”

    Following the meeting, Nadia Dew, Land Regeneration Manager at National Grid said: “It is always great to meet with the site’s neighbours. We hope that people found the session and opportunity to ask questions helpful.”

    She went on to say:  “We’ll continue to keep all our neighbours updated on how our work’s progressing” and she assured residents that the local pedestrian walkway would remain open during the redevelopment phase.

    The National Grid site has a long history in the area and it had once been essential for delivering gas to locals in Borehamwood. In addition, the site had been used for storing gas, but due to modern developments, there is no need for the gasholders so the decision was made to decommission them.

    According to 4-traders.com, the National Grid first told residents about the proposals to redevelop the site back in February 2015.

    As the plans for redevelopment are underway, local residents are invited to continue to give their feedback on plans for the regeneration of the site. Residents are invited to call the community relations team should they have any questions over the plans for the restoration of the Borehamwood site.

  • Offshore wind industry adds more than 900m to economy

    New figures recently issued by RenewableUK shows that the offshore energy wind industry added £906 million to the UK economy in 2014.

    The latest statistics were compiled as part of a report conducted by BiGGAR Economics on behalf of RenewableUK.

    Benefits to Local Regions

    Local regions are also benefiting from the drive towards renewable forms of power generation. In Yorkshire and Humberside, 379MW of onshore wind is being used to help power more than two hundred thousand homes.

    Employers, manufacturers and consultants from the region are also benefiting from the trend towards green energy supply with local firms. The South West and East of the country were also beneficiaries of the offshore wind industry.

    Commenting on the figures, RenewableUK’s Chief Executive, Maria McCaffery, said,

     “The British onshore wind energy industry is adding over £900 million a year to the national economy, so the benefits to the UK are clear to see. This report also shows that £7 of every £10 spent on onshore wind projects is invested here in the UK. Onshore wind powers local economies, bringing £199 million of investment into the local communities that host wind farms and creating jobs across the supply chain. The industry is helping to propel Britain to a brighter, cleaner and more secure future – onshore wind is already the lowest cost of all low carbon options and is set to become the least cost form of all electricity within the next five years.

    Wind Power in Wales

    The figures published by RenewablesUK shows that Wales is likely to gain £799 million of economic benefit from onshore wind power over a lifetime. 559 megawatts of wind power is already being used; Mid Wales and South Wales are the most active in this area.

    Wind Power in Scotland

    Scotland has also benefited from the move towards green energy. Figures released by RenewableUK show that Scotland will gain £7bn worth of economic benefit over a lifetime due to onshore wind power.

    Scotland has been at the forefront of wind power and it has 4,918 megawatts of onshore wind power in use. This is enough to produce enough power for more than 2.5 million homes in Scotland.

    South Lanarkshire, the Highlands and the Scottish Borders are the areas using the most wind power, and Scottish companies such as Scottish Power Renewables, Natural Power and SSE are among those helping to facilitate the supply of wind power.

  • RWE inaugurates Germany wind farm

    As it continues with its commitment to greener forms of power generation, RWE has introduced the German-based Nordsee Os windfarm into its business. The windfarm is one of the biggest in Germany and has enough capacity to produce 295 Megawatts of energy. There are 48 wind turbines in the wind park, which bring power to 320,000 homes.

    RWE’s investment into the windfarm stands at more than €1 billion. An operation room situated in Heligoland will operate and manage the running of the windfarm and a control room has been set up to monitor the project. Moreover, an apartment block has been built for employees to stay while they work.

    It took more than 60 kilometres of undersea cable to make the installation possible and the installation vessels used in the project cover 137,000 nautical miles; each of the blades weighs more than 23 tonnes and measures over 60 m long. The turbines weigh 350 tonnes and they measure 160m in height.

    Commenting on the project, Peter Terium, CEO of RWE AG, said:

    “The expansion of renewable energy is one of our main growth areas and offshore wind energy will play a vital role. RWE will become the third largest player in the European offshore market this year. And we are growing further: In only one month’s time, we will be commissioning another wind farm, Gwynt y Môr, located off the coast of Wales.

    “We are developing and operating additional offshore projects alone and with partners in Germany, the UK and the Benelux region.”

    Hans Bünting, CEO of RWE Innogy, added:

    “At the end of this year, 40% of our power generation from renewables will already come from offshore power production. Thanks to the Nordsee Ost and Gwynt y Môr offshore wind farms our operating result will see double-digit growth."

    Further wind farms are in the development stages and when they are completed, they will be situated in the German North Sea. The wind farms will have an expanse of 150 km² and they will be able to produce 1000 MW of power.

    Gwynt y Môr windfarm

    RWE will introduce the Gwynt y Môr windfarm into its business in June 2015. The farm is located in Wales and it has the capacity to produce 576 MW of energy. The building of the windfarm has been carried out in conjunction with Siemens and other partners.

  • The Circle Seal check valve range

    check valves

    The Circle Seal check valve range available from Tamo have working pressure ranges up to 10,000 PSI (690 Barg), with cracking pressures as low as 0.15 psi (10 millibar) & a range of sizes / materials / designs including cartridge designs to meet the most demanding applications.

     

    Contact Tamo for more information. 

     

     

  • The Circle Seal check valve range

     

    CCCV

     

    The Circle Seal check valve range available from Tamo has been used in a number of demanding applications recently. Due to their low cracking pressure, which can be as low as 0.1 psi (6.9 mbar) & zero leakage sealing these valves have become the first choice where little pressure loss is required. Add to that working pressure ranges up to 10,000 PSI (690 Barg) & a range of sizes / materials / designs including cartridge designs you have a very versatile check valve.

    More Info

  • Unexpected slowdown of manufacturing sector, but it’s still at a three-year high

    Concerns over an unexpected slowdown of the manufacturing sector led to a fall in the pound when the PMI figures were released in early July. The latest PMI figures revealed a fall to 54.3, however, the sector hasn’t fallen into contraction. Growth in exports also proved disappointing, as was the level of new orders.

    Business uncertainty is thought to be a contributing to the unexpected fall, but there are other issues too.

    Commenting on the figures, Rob Dobson, who serves as the senior economist at HIS Market said:

    “The main factor driving the broad slowdown in June was a steep easing in the rate of increase in new order intakes.”

    Manufacturing at a three-year high

    As George Nikolaidis, Senior Economist at the manufacturers’ organisation EEF, made clear, it’s not all bad news for the manufacturing sector.

    Nikolaidis stated:

    “Despite a broad-based slowdown in the rate of expansion in June, manufacturing activity for the last quarter still came in at a three-year high, pointing to a solid contribution from the sector to growth. This adds to recent data over the past few months indicating that industry will continue to support the UK economy by providing a counterweight to slowing services output.”

    The EEF has also stressed the importance of the government providing some clarity over its Brexit strategy so the manufacturing sector can start making firm plans regarding recruitment and investment.

    Economic activity slows among other sectors

    It should also be noted that the slowing in economic activity wasn’t just limited to the manufacturing industry; both the service and distribution sectors were affected in the last quarter, according to a CBI survey.

    Commenting on the latest survey, the CBI’s chief economist, Rain Newton-Smith said:

    “Growth has slowed across our surveys for a second successive month and expectations for the quarter ahead have cooled.

    "With the economy shifting down a gear, and higher inflation eating into household incomes, it’s vital the Government creates the right environment for businesses to continue contributing to the country’s prosperity.

    Manufacturing, productivity and innovation

    There have already been calls for the government to do more to enhance productivity and innovation in the manufacturing sector, which is going to be essential to all industries as the UK comes out of Europe. And in a press release issued by the CBI, it reiterated the need for government to assist businesses by providing support for improved innovation, infrastructure and exporting.

  • Valve expo to be held in Abu Dhabi

    Businesses from the power generation, pharmaceutical, oil and gas, food and construction industries are being invited to attend an expo in Abu Dhabi in December. The conference is also open to a wide range of other industries, including the nuclear power sector, agriculture companies and water supply businesses.

    The annual Abu Dhabi expo, which is to be held at the National Exhibition Centre, is considered one of the world’s premier events for professionals in the valves, compressors, pipes and pumps sector.

    The event is predicted to attract approximately 7,000 professionals from more than ten different countries around the world, including the United Kingdom, the United States, Poland, China and Iraq.

    350 companies are expect to attend the popular event, which is held in collaboration with the UAE Contractors Association, Global Fair International and the Abu Dhabi Chamber of Commerce.

    The expo will feature world leaders from the valve industry sector and it provides an opportunity to learn from others’ expertise, and to hear about best practises. Moreover, the expo enables businesses to meet with potential new customers and investors, as well as giving a wider platform for businesses owners to promote their goods.

    In addition, the event will give visitors the chance to see the newest technologies, source new product lines, and the opportunity to meet with a targeted audience,

    Businesses planning to take part in the expo can send exhibits in ahead of the expo; they can be sent in via sea or freight. However, overseas exhibitors are urged to be careful if they are carrying goods as there might be customs fees imposed for doing this, and there are restrictions on carrying foodstuffs.

    In addition, anyone wishing to attend December’s event will need to start planning the visit in plenty of time as a visa might be required. Representatives that want to visit the event will also need to get an invitation from the organisers of the Pumps, Valves, Pipes and Compression Industrial Exhibition as this might help to assist with the visa process.

    The three day expo in Abu Dhabi will run from December 15- 17, 2015.  On Tuesday 15 and Wednesday 16th December the event will run from 10.00am through to 6.00pm, and on Thursday the event will run from 10.00am to 2.00pm.

    Last year’s event proved to be a huge success, attracting more than 6,000 people, and plans are already underway for the 2016 event.

  • Valve World Expo Open to Registration

    The bi-annual Valve World Expo is open for registration to exhibitors from around the world. The Valve world Expo 2016 is scheduled to be held in Düsseldorf Germany in November/December 2016, but businesses interested in exhibiting at the event can get their applications in now.

    Although the event is some way off, it is advised that businesses intending to exhibit at the Expo prepare for it in plenty of time as there are a lot of things to consider such as transporting goods to the venue and arranging suitable accommodation.

    Exhibitors will also need to plan ahead as they need to ensure they have all of the necessary passes that will be required, and trade visitors are required to register in advance.

    The popular event is an opportunity for exhibitors in the gas, electricity, chemical, pharmaceutical, power and food & drink industries to demonstrate and view the latest technology in the valve, pump and compressor sector.

    The Expo also attracts businesses from a range of other industries including the aerospace, automotive, waste water management, pulp and paper and ship building sectors, among others.

    2016’s expo will provide a way of helping businesses to find a new audience for their products and it will give attendees the opportunity to find out about the latest developments in the valve industry.

    The last event, which was held in 2014, attracted over 600 exhibitors from around the world, including companies from the United Kingdom and the United States. However, the event is also popular with Asian and South American and Middle Stern visitors as the industry continues to grow in those regions.

    2014’s event proved a huge success with more than 12,000 trade visitors attending the show during the three-day Expo, and such is the popularity of the Expo there are two others held in the United States and in China.

    The U.S. Expo is held in July, and the last event was attended by hundred and 50 different exhibitors from around the world. The Chinese Expo is hosted in Suzhou; it attracts visitors from the chemical, power generation, oil and gas industry.

    2016’s event, which is organised by Messed Düsseldorf, is the 10th Expo and itwill be hosted at the fairground in Düsseldorf from 29th of November – 1 December 2016. The event will run from 9 A.M. to 6 P.M.

    Tickets for the event can be purchased online.

We use cookies to improve our website and your experience when using it. Cookies used for the essential operation of this site have already been set. To find out more about the cookies we use and how to delete them, see our privacy policy.

  I accept cookies from this site.
EU Cookie Directive Module Information