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International Fastener & Technologies Magazine

March - April 2018 Year: 13


March - April 2021 Year: 16 58 Mart - Nisan 2018 Yıl: 13 75
Bağlantı Elemanları ve Teknolojileri Dergisi

1-2-3 March 2018 16-20 April 2018


Hall10 #1412 – Istanbul, Turkey Booth #15E26 – Düsseldorf, DE
www.fastenerfairturkey.com www.wire.de
1-2-3 March 2018 16-20 April 2018
Hall10 #1412 – Istanbul, Turkey Booth #15E26 – Düsseldorf, DE
www.fastenerfairturkey.com www.wire.de

SACMA Limbiate S.p.A • Viale dei Mille, 126/128 • 20812 Limbiate (MB) • ITALY • Ph. +39 02 99 45 21 • info@sacmalimbiate.it
SACMA Limbiate S.p.A • Viale dei Mille, 126/128 • 20812 Limbiate (MB) • ITALY • Ph. +39 02 99 45 21 • info@sacmalimbiate.it
Limitless possibilities . . .

No matter what kind of corrosion protection you need, we have the right tool for you. Atotech’s corrosion protection
solutions meet and exceed all industry requirements and cover the full spectrum of coating technologies: from
pretreatment, zinc and zinc alloy plating processes, as well as zinc flake coatings to a comprehensive range of post-
treatment systems with suitable coefficients of friction. The various possible combinations of our exceptional product
range ensure outstanding corrosion protection with an attractive appearance and durability. Our unique products,
global availability, and unsurpassed service capabilities make us a trusted partner for the fastener industry worldwide.

Learn more about our products at: www.atotech.com


NEW S-TRANSFER
The New Transfer System with HMI Setting
www.sacmagroup.com

Sacma S-Transfer available on 6 die parts formers


Everything at one touch from the control panel.

The mechanical transfer Sacma is appreciated for precision, versatility and


reliability. The unique design, together with quality of materials and precise
construction, enabling transfer of the widest range of parts, from short to the
longest, at high speed, with the assurance of consistent performance through the
years, with minor maintenance costs.
The S-Transfer combines all those features along with new important functions,
improved production efficiency and ease of use.
After extended testing by R&D combined with industrial production, Sacma can
guarantee the S-Transfer the same reliability as the traditional version,
combined with the flexibility and friendly use, typical of mechatronic applications.
The S-Transfer is the natural evolution of a masterpiece design that has become
a worldwide benchmark for multi station headers. The S-Transfer is initially
available on 6 die parts formers model SP59, SP570 and SP570WF900

Ask for more information to : info@sacmalimbiate.it Sacma Limbiate S.p.A.


Viale Dei Mille 126-128 • 20812 Limbiate (MB) - ITALY
Ph. +39 0299 4521 • info@sacmalimbiate.it
FOCUS

To Do List Left
Behind When You Die
Ali BAYSAL
President & Editor-in-Chief
alibaysal@fastenereurasia.com

I would like to share with you esteemed Fastener EurAsia


followers an article in this issue unlike any other article
on industry. The author of the article is Dr. Richard Carlson.
Remember that regardless of who you are and what you
do, there is nothing more important than the happiness
of you and your loved ones and peace of mind. If you are
obsessed with finishing everything on your list, you will
Many of us see the secret of life as completion the to-do never feel good! In fact, almost anything can wait. Few
list. events in our lives are truly in the 'urgent' category. If you
focus well on what you are doing, you will see that every
We work late at night, get up early, avoid having fun, job will be finished on time.
and don't spare time for our loved ones. Unfortunately, I
have met many people whose relationships have ended In order to more easily control my obsession with my own
because they have ignored their loved ones for too long. I 'to-do' list, I often remind myself that the purpose of life is
have to admit that, like all of you, I convinced myself that not to complete everything, but to enjoy every step I take
my obsession with my "to-do" list was temporary and that and lead a life full of love.
I would be a calm, comfortable and happy person when I
finished my work. Remember that there is still a lot of work to be done
when you die, and someone else will do it for you after you
But that's not the case, because as we complete the jobs are gone. So do not waste precious moments of your life
on the list, new ones are added from below. The "to-do" in a way that you will later regret.
list structurally must contain what needs to be done and
cannot be blank. The phone calls to be made, the projects
to be trained and the works to be completed are never
finished. It could even be argued that having a full "to-do"
list means success because it shows the demand for your
time.

ANKIROS FAIR 79 EMEK FASTENERS 17 KOZA BOLT 23 REGNUM INVEST 96


ATOTECH Inside Front Cover ERA FASTENERS 25 MAKTEK 87 SACMA GROUP 3
TURKISH FASTENER MAGAZINE 45 FASTENER SUPPLIER 16 MAY DÜBEL 21 SERMET DIE 47
BERARDI 11 HARITON MACHINERY 39 MINING FAIR 91 SODEX 71
SPIROL 33
BERDAN BOLT 37 HAS HARDWARE 59 MİKRON ENGINEERS 9
SUR BAĞLANTI 63
BEST KALE 57 HASER MACHINERY 40, 41 MİTAŞ BOLT 5
TELSAMA METAL 52, 53
BİRLİK FASTENERS 1, 20, 22, 24, 26, 70 IDEF 67 NOF GROUP 7
UGC BOLT ınside Back Cover
BUILDING FAIR 81 INDUSTRY DAYS 65 ONUR FASTENER 55 VIDSA SCREW 15
BÜLTE 39 KALELİLER FASTENERS 27 ÖZ BOLT 49 VIPA 35
DIMAC 13 KIRAÇ FASTENER 19 PİMSAN Back Cover, 18, 46, 66, 68, 69 WINDOW FAIR 93
DOLFIN-CNK ELEKT. 30, 31 KONAK BOLT 29 REGNUM FASTENERS 2 YESWIN MACHINERY Front Cover

4 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


EDITORIAL

Current
dates of
Fastener
Int. Fastener, Machining, Spring and Equipments Magazine

MARCH - APRIL 2021 ISSUE 75

Fairs Contact
www.fastenereurasia.com
info@fastenereurasia.com

A s you know, many important


fairs in our industry have been
postponed. I would like to remind
Int. Executive Editor
Nurcan DONMEZ
you the new dates of some of the nurcan@fastenereurasia.com
important fairs that have been
postponed.
Fastener Fair Stuttgart will be held on 09-11 November 2021,
which used to be held in February and March in the previous years.
This fair was visited less than in previous years in 2019 and I hope
it will not lose visitors in 2021 due to the pandemic. As for the 2021
exhibitor list, we see that the Far East companies have the highest
participation as in previous years. With the expansion to 4 halls in
2021, the fair will be held in Halls 1, 3, 5 and 7.
The wire & tube fair held every 2 years in Düsseldorf, Germany Advertising Supervisor
will be held on 09-13 May 2022. There are many international Meltem KIYMAK
exhibitors at the fair. Also, many visitors come from all over the world. info@fastenereurasia.com
For example, this editon has more than 150 participants and over
10,000 visitors just from Turkey. In its latest statement, Germany
announced that the flights and visas to the exhibitors and visitors
will be stretched, but there is no clear explanation. German trade
fair associations are putting pressure on the government demanding
that the flight bans be lifted. If the vaccination passport is approved,
they may pose a visa challenge to countries with the Chinese vaccine.
We are yet to see what happens.
Int'l Hardware Cologne fair will be held on 06-09 March 2022. A
limited number of Far Eastern companies were featured in this fair,
which was attended by many Far Eastern companies in previous
years. The majority of the participants are European companies.
The new date of the Taiwan Int'l Fastener Show, postponed
to 2021, is 01-03 September 2021. This fair is one of the most
important fastener fairs of the Far East where European companies
also participate.
Int'l Fastener Expo 2021, the oldest and largest fastener fair in
the USA, will be on September 21-23, 2021. Attracting attention
with its distinctive concept, this fair hosts fastener manufacturers,
wholesalers and users from all over the country.
Fastener Fair Italy's new date is 30 November-01 December
2022. This fair, which is held biennially in Milan, is one of the
important fastener fairs in Italy and Europe. Fastener Fair Mexico
fair will be held on October 13-14, 2021. The date of Fastener Fair
France is not yet set.
You can see the current dates of all fairs and more in the Media Kit YENİ DEVİR MATBAASI
on the website of Fastener Eurasia Magazine (www.fastenereurasia.
com), hard copy of which will be distributed to all visitors and
exhibitors as it is participating in these fairs. You can reach new
markets very quickly and economically by advertising on our website
that has heavy visitors from all over the world.

6 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


Your Experience,
our added value.

Evolution driven by people.


www.nofmetalcoatings.com
SECTOR NEWS

The European Steel


Association (EUROFER)’s
released Economic and Market
Outlook report

Reflects on the effects the COVID-19 outbreak has had on


steel output and use. The pandemic has slashed EU steel
consumption forecasts and punctured the overall economic
outlook.

A xel Eggert, Director General of the EUROFER said, “The


third quarter of 2020 was a period between two waves
of the pandemic. Some measures had been relaxed and a
in addition to the negative factors that had materialised
in the preceding quarters and had already led to a sharp,
continued reduction in steel consumption.
partial economic recovery occurred in the third quarter, but As a result, the downturn in steel demand led to the
the fourth quarter was marred by the reimposition of mea- eighth consecutive fall year-on-year in domestic deliveries
sures. 2020 is likely to be one of the worst years on record, in the EU in the third quarter of 2020 (i.e. -8%, much lower
even if we will see positive figures in the fourth quarter”. than -28.1% recorded in the second quarter).
Shutdown measures implemented by governments that Data for the third quarter also showed the continued
began in earnest in March 2020 severely impacted man- downturn in imports from third countries. After the severe
ufacturing activity and steel-using industrial sectors. How- drop (-16.8%) in the second quarter of 2020, imports from
ever, some of the measures that had the greatest impact third countries dropped even more severely in the third
on the economy were loosened as of June 2020, though quarter of 2020, with a year-on-year fall (-25.4%), that is
many measures remain in effect or have been reinforced the fourth consecutive quarterly drop of more than 10%.
in recent months.
“The EU should use this crisis as an opportunity to use
the recovery fund to support industry in meeting its decar-
EU steel-using sectors
bonisation ambitions – starting with sectors, such as steel, The COVID-19 outbreak has further hit EU industrial
that have already shown how they can help support the sectors at a time when these had already been experi-
aim”, added Mr Eggert. “Europe wants to come back from encing a severe downturn and were coping with serious
this crisis in a greener, more sustainable way. The Euro- challenges. Over the course of 2019, business conditions
pean steel industry is ready – under the right conditions, in the manufacturing industry had continued to deteriorate.
with the appropriate regulatory framework, and a means This downward trend has gained speed in the second half
to ensure a global level playing field – to roll out new tech- of 2019, particularly in the automotive industry, while the
nologies and approaches to revolutionise steelmaking”. construction sector has continued to outperform other
major steel-using sectors.
This has resulted in a pronounced slowdown in output
EU steel market overview growth in steel-using sectors. This has culminated in un-
EU28 apparent steel consumption fell (-11.6%) year-on- precedented drops over the second quarter 2020, mainly
year in the third quarter of 2020 (that is for the seventh as a result of the severe lockdown measures imposed
consecutive quarter, after an unprecedented drop (-25%) by governments in March and April 2020. Total output in
in the second quarter) and amounted to 32.8 million steel-using sectors fell (-24.4%) in the second quarter of
tonnes. 2020. In the third quarter of 2020, output in steel-using
The volume for the third quarter 2020, albeit higher sectors has rebounded compared to the previous quarter
than the record low seen in the second quarter, reflects – thanks to restarted industrial activity across the EU – but
the unprecedented deterioration in steel demand due to has nevertheless fallen year-on-year (-6.4%).
the severe disruption brought by the Covid-19 pandemic,

8 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


CORPORATE NEWS

B-Lean Factory Systems:


Berardi’s New Logistics
Division
The mission of the Berardi
Group ,the first distributor of
fastener in Italy, is to work
with its clients towards the
reduction of the overall supply
costs of mechanical parts.

company’s logistics division, and invest in its development.


Our goal is to enhance the performance of the companies
with which we collaborate, using a pragmatic approach
to analyze and solve logistics problems. Personalized
solutions are crucial to extract the full potential from our
services.
For each project, we offer the specialized skills of our team,

B erardi offers technical solutions and innovative, building a relationship of mutual trust with the client. First,
personalized services to cut management costs, we learn the client’s requirements, then we proceed to
allowing our partners to reduce the number of suppliers realizing the project in close cooperation with them.”
they have to manage. The company is well equipped to
assist the client choose the best item for their needs, • Kanban Up: a smartphone app to manage Kanban
thanks to its specialized technical staff. Berardi’s internal containers, and monitor orders on the Kan-banWeb portal.
quality assurance department is among the best-equipped
in its sector, and guarantees each item is controlled, as well • S-BBK 4.0: a smart container with electronic capacity
as post-sales support. The objective is to offer a complete sensors, constantly transmitting the quan-tity available,
and punctual service, becoming a partner for its clients. allowing for remote stock monitoring and automatizing
2020 has pushed companies to develop new strategies. supplies.
Berardi has inaugurated 2021 with a re-newal of its
logistics division, under the new “B-Lean Factory Systems” • EasySelf-24: an automatic vending machine that allows
monicker. After 100 years, Berardi is still expanding its item you to manage a variety of tools, PPE, and other items
assortment (over 50.000 stock items), having launched a in minimal space. EasySelf24 is a safe and customizable
whole new product catalogue Extracomponents in 2020, distribution machine, ca-pable to store consumables and
which includes springs, fittings, clamps, cable management reusable items, small and large.
items, antivibration mounts, operating parts, and more.
The B-Lean team develops customized logistics solutions
for clients that demand flexibility, reliabi-lity and quick
responses even to the most complex requirements.
The mission of the Berardi Group is to become a full
supplying partner for its clients, offering a 360° service.
The B-Lean division will target wasteful processes along the
supply chain, allowing clients to forget the fuss of managing
C-parts. Today, the team can use the experience gained
with over 400 active lean supply systems.
Andrea Destro, B-Lean team manager said: „Having
reached this milestone, we decided to re-brand the

10 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com



FACTORY SYSTEMS

group
CORPORATE NEWS

Atotech Reports Fourth


Quarter and Full Year 2020
Results
in China, invested in multiple digitalization initiatives,
including IoT solutions, and maintained our highly trained
customer-facing workforce. As we enter this high-growth
period in our industry, we believe these decisions have
positioned Atotech to take advantage of the many market
opportunities in front of us.”

Fourth Quarter 2020 Results


Reported total revenue was $365 million for the fourth
quarter, an increase of 18% over the prior year period.
Organic revenue for both chemistry and equipment,
which reflects total revenue excluding the impact of FX
and palladium, increased 9%. FX was a 4% tailwind and
palladium increased total revenue by 5% in the quarter.
These strong quarterly results were driven by organic

A totech Limited a leading specialty chemicals chemistry revenue growth of 5%, reflecting increases in
technology company and a market leader in advanced both the Electronics (“EL”) and General Metal Finishing
electroplating solutions, reported its financial results for the (“GMF”) segments.
fourth quarter and full year 2020 and provided guidance Adjusted EBITDA was $106 million for the fourth quarter,
for full year 2021. Total organic chemistry revenue growth, a 5% increase over the prior year period, reflecting strong
a key performance indicator for the company, increased 5% organic chemistry volume growth, stable pricing, and the
over the fourth quarter of 2019. Organic chemistry revenue benefits of cost containment actions, partially offset by
growth reflects chemistry revenue growth excluding the compensation accruals taken in the fourth quarter.
impact of foreign exchange translation (“FX”) and palladium Adjusted EBITDA margin was 29.1% in the fourth quarter
pass-through (“palladium”). of 2020, which reflects the impact of palladium pass-
through, the product mix of chemistry versus equipment,
as well as the impact of compensation accruals. Excluding
Management Commentary these items, adjusted EBITDA margin was largely in-line
Geoff Wild, Atotech’s Chief Executive Officer said, “We with the fourth quarter of 2019.
are very pleased with our fourth quarter performance. Strong cash flow generation enabled the company to
We leveraged the continued strength of our Electronics repay $80 million of its outstanding Holdco notes in the
end-markets, as well as the ongoing recovery in global fourth quarter of 2020 and thereby reduce its net leverage
automotive markets, to deliver strong organic growth. to 5.1x full year adjusted EBITDA at year end, and before
In particular, demand for our comprehensive solutions the proceeds from the company’s IPO, which closed in early
addressing the technical requirements related to the February. Pro forma for the application of proceeds from
5G smartphone replacement cycle, including next- the company’s IPO, net leverage is 3.9x full year adjusted
generation semiconductor packaging, was robust. Other EBITDA at year end.
areas of strength include 5G infrastructure, automotive
electrification, and growing demand for sustainable
solutions in surface-finishing applications.”
Fourth Quarter 2020 Segment Highlights
“These secular trends not only provided a constructive Electronics: Revenue for the fourth quarter in our
backdrop in the fourth quarter, but also present a multi- Electronics segment of $232 million increased 25% over
year opportunity to grow our business, expand share, and the prior year period. Total organic Electronics revenue
deliver strong returns to our shareholders.” increased 14%, consisting of 7% organic chemistry growth
“Throughout 2020, we continued to invest in our business and a 56% increase in organic equipment revenue.
and made decisions in the long-term best interests of our Palladium and FX were each a 5% tailwind in the quarter.
customers, while carefully managing costs.” The organic Electronics revenue increase was driven by
“We completed a new chemistry manufacturing facility strong demand for the company’s leading IC substrates
and advanced semiconductor packaging solutions.

12 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


CORPORATE NEWS

This demand is being driven by secular trends in 5G Initial Public Offering


infrastructure and smartphone growth, as well as growth
in leading-edge consumer electronics, including wearables. Subsequent to year end 2020, the company closed its
These trends are also driving strong demand for our initial public offering of 29,268,000 shares of common
equipment, as our customers actively upgrade stock at $17.00 per share on February 8, 2021. The
to next-generation packaging standards and gross proceeds to Atotech from the offering were
increase production capacity. approximately $498 million, before deducting
Adjusted EBITDA for our Electronics the underwriting discount and offering
segment was $70 million in the fourth expenses, and were used to further repay
quarter, an increase of 9% over the prior indebtedness and to pay underwriting
year period, primarily reflecting strong discounts and offering expenses.
chemistry volume growth. Full Year 2021 Guidance
General Metal Finishing: Revenue for
Regarding the company’s 2021
the fourth quarter in our GMF segment
outlook, Peter Frauenknecht, Atotech’s
of $133 million increased 7% over the
Chief Financial Officer said, “We expect full
prior year period. Total organic GMF revenue
year 2021 total organic revenue growth to be
increased 2%, consisting of 3% organic chemistry
in the range of 10% to 12%, including full year
revenue growth, partially offset by a decline in organic
organic chemistry revenue growth in the range of 8%
equipment revenue. Palladium and FX added 3% and 2%
to 9%, which excludes the impact of FX and palladium
to revenue in the quarter, respectively.
pass-through. This strong outlook is driven by constructive
Organic chemistry revenue growth was primarily driven
end-markets in both our Electronics and GMF segments.
by the continued global automotive market recovery and
We expect to leverage this organic growth and deliver full
solid demand in other industrial end-markets.
year 2021 adjusted EBITDA in the range of $405 million
Adjusted EBITDA for our GMF segment was $36 million,
to $425 million, which represents an increase of 14% over
essentially flat with last year.
2020, at the mid-point.”

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 13


CORPORATE NEWS

Würth Industry NA Acquires


Atlantic Fasteners
W ürth Industry North America (WINA) announced that it
has acquired Atlantic Fasteners Inc., a mainstay in the
structural industry with 36 years of history manufacturing
amazing personnel and talent of Atlantic Fasteners,” said
Dan Hill, Chief Executive Officer for Würth Industry North
America, “Würth Industry has strong growth targets, both
structural bolts and distributing standard and specialty organically and through key acquisitions, and we continue
fasteners. The purchase will better serve the needs of to grow with businesses and teams who can support and
Würth Industry’s customers in the construction and enhance the expansion of our construction services to offer
structural markets by providing end to end distribution and better supply chain solutions and cost savings for erectors
manufacturing support and will deepen their geographic and fabricators across North America.”
footprint in the mid-Atlantic region. Atlantic Fasteners will “Atlantic Fastener adds to our capacity and geographic
join Würth’s new construction services business division, presence to better service our customers, said Eric Wilk,
Würth Construction Services. Vice President, East Region, Würth Industry North America.
This acquisition fits into Würth Industry’s strategy “Adding the capability to manufacture anchor bolts to our
to provide expert supply chain solutions of structural service offerings increases the capacity in which we can
fasteners, safety, and MRO products and complements support our structural and construction customers. Serving
Würth Industry’s strength in the construction market projects end to end and offering competitive lead times
as the premier distributor of structural products for make us a powerhouse for our partners.”
fabricators, erectors, and the metal building industry. The “We are excited to partner with Würth because it not only
acquisition of Atlantic Fasteners Inc. supplies Würth with maintains Atlantic Fasteners’ history of outstanding quality
new manufacturing capabilities that increase their ability and successful partnerships, but also enhances available
to serve customers and offer competitive lead times on a offerings to our customers. Customers will continue to
range of end to end structural products. Atlantic Fasteners, receive the same high-quality products and support that
together with Würth House of Threads, Weinstock Bros., they are used to. With the support of a global company,
and Würth Action Bolt and Tool, as Würth Construction they will have greater resources and inventory expansion.
Services, will provide expanded services to our structural The acquisition is the best choice for both our customers
customers across the US, Mexico, Canada, and Brazil. and employees, as joining the Würth family will equate to
“Through this acquisition, we gain not only new product business growth”, said Bill Davis, Owner and CEO, Atlantic
and service offerings for our customers, but also the Fasteners.

14 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


䜀䔀吀 䰀䤀匀吀䔀䐀 伀一 吀䠀䔀 
伀一䰀䤀一䔀 䘀䄀匀吀䔀一䔀刀 

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䐀䤀刀䔀䌀吀伀刀夀
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䤀渀挀氀甀搀椀渀最㨀
∠ 挀漀洀瀀愀渀礀 氀漀最漀
∠ 挀漀洀瀀愀渀礀 瀀爀漀漀氀攀 
∠ 氀椀猀琀椀渀最 漀昀 瀀爀漀搀甀挀琀猀
∠ 瀀爀漀搀甀挀琀 椀洀愀最攀猀
∠ 昀愀挀椀氀椀琀礀 椀洀愀最攀猀
∠ 挀攀爀琀椀椀挀
∠ 挀攀爀琀椀椀挀愀琀攀猀
∠ 挀漀渀琀愀挀琀 椀渀昀漀爀洀愀琀椀漀渀

䘀愀猀琀攀渀 琀漀 一攀眀 䴀愀爀欀攀琀猀
FASTENERS CO. LTD. 25 years
Spacers & Round Nuts Rivet Nuts

Rivets & Pins

Special Screws

ISO
9001:2015
CORPORATE NEWS

President and Ceo Jörgen


Rosengren leaves Bufab
J örgen Rosengren, Bufab's President and CEO, has in-
formed the Board that he intends to leave the company
for a similar role in another industry. He will remain in his

role during his notice period, until September 2021 at the


most. The work on recruiting a successor has started.
"Since its IPO in 2014, Bufab has shown strong profit-
able growth and developed into a leading company in its
industry. Through investment in new customer solutions,
international expansion, efficiency and acquisitions, the
company has strengthened its market position and global
presence. Turnover and profit have more than doubled.
The company now has a strong base for further growth.
I would like to thank Jörgen for his efforts for Bufab and
for the good results he and Bufab's management and
whole team have achieved. The Board regrets that Jörgen
has decided to leave Bufab but at the same time respects
his decision. On behalf of the Board of Directors, I wish
him success in future endeavors.
The Board and Bufab's management are now focusing
on continued profitable growth while recruiting a new CEO",
says Bengt Liljedahl, Chairman of the Board.
"After nine exciting and developmental years with Bu-
fab, it is with very mixed feelings that I have made the
decision to move on. But Bufab has a very good board
and management, a strong ownership structure, stable
customer relationships, as well as good growth, profitabil- This information is such that Bufab AB (publ) is obliged to
ity and financial position. I am convinced that Bufab will disclose in accordance with the EU’s Market Abuse Regu-
continue its successful development in the future", says lation and the Swedish Securities Market Act. The informa-
Jörgen Rosengren, Bufab's outgoing CEO. tion was submitted for publication by the aforementioned

18 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


CORPORATE NEWS

Teudeloff
Presents New
Homepage

T eudeloff’s homepage www.teudeloff.de & www.


teudeloff.com is modernized and renewed after an
exciting time of technical and visual revision. Additionally
to the modern design of its homepage, the focus lies on
the needs of our target groups in English and in German.
Soon even more languages will follow. This way, regardless
of whether you are a customer, partner
or prospective customer, you get an even more detailed
overview of the core competencies and the wide range of
services that Teudeloff offers.
The responsivity also played an important role. All
functions can also be requested via smartphone or tablet.
The operation of the website is now intuitive. For Ester
Redondo, Managing Director of Teudeloff, the main focus
is the improved customer benefit: “It is important, that the
new website shows our whole product portfolio and our
services. We need an easy handling for our customers.”
Teudeloff will welcome their first visitors of the new
homepage, who get in contact with Teudeloff via the
contact form, with a surprise. The staff of Teudeloff is
looking forward to your first click on www.teudeloff.de or
www.teudeloff.com.
For more than 25 years Teudeloff is serving their valued
customers with high quality tools all over the world in more
than 30 countries, mostly in Europe, the USA and Asia.
The key competences of Teudeloff together with their
production Tooling International Limited (TIL)
clearly liein recess tooling like punches and pins for
fasteners: All geometries, Torx®, TorxPlus® , Sixlobe, Pozi®,
Phillips®, Hexagonal, 12-Point / Multiteeth, Bihexagonal,
specials, standards or according to drawings. Teudeloff
has the biggest Torx® stock in Europe, presumably even
in the world. Almost all sizes in different materials and
coatings are available.
Among them also their top quality CodeT®. A coordinated
warehouse and delivery system ensures a supply of tools
at all times.

20 | FASTENER EURASIA MAGAZINE


SAN
CORPORATE NEWS

Atotech’s new
production site
in Yangzhou,
China, comes
online

A totech, a leading specialty chemicals technology


company and a market leader in advanced
electroplating solutions, announced that its recently
completed production site in Yangzhou, China, is now
fully operational.
The facility is Atotech’s second chemistry plant in China.
The addition of the Yangzhou facility will provide additional
capacity to serve the large and growing Electronics and
General Metal Finishing markets in China, and also
creates important redundancy with the company’s largest
chemistry production site in Guangzhou.
Geoff Wild, Chief Executive Officer at Atotech, said: “The
Yangzhou chemical plant is a major milestone in expanding
our business in Asia. It will be an important supply hub for
our customers in East China and will further strengthen our
overall competitiveness in our largest geographic market,
China, and beyond.”
The state-of-the-art facility houses 14 production vessels
with a production capacity of 27,000 tons per year and
is equipped with modern production features such as a
Manufacturing Execution System and Auto-Stop-Filling
mechanisms, which ensure the highest quality standards.
John Stephenson, Atotech’s Chief Operations Officer,
commented, “With the new production facility, Atotech will
be able to significantly increase operational effectiveness,
reduce transportation costs, and further strengthen its
footprint in Asia.”
The Yangzhou facility recently passed the strict
governmental safety requirements for industrial production
and received the necessary permits to start production.
Further, at the Yangzhou site, Atotech has successfully
adopted a new approach for waste-water treatment, which
is set up as a combination of precipitation, evaporation,
and biological treatment. Discharge amounts in this new
process are significantly below industry levels. Atotech’s
global waste management procedures are designed to
protect the environment, the employees, and the local
communities.
George Yang, Atotech’s Vice President of the Greater
China Region said: “We have brought a leading-edge facility
to life and we are delighted and proud of this achievement.
What is more, our Yangzhou plant is strategically located
in the Eastern part of China, where a large number of our
customers have their production facilities, enabling us to
serve them even better.”

22 | FASTENER EURASIA MAGAZINE


CORPORATE NEWS

European
Union to impose
antidumping
duties on certain
aluminium flat
rolled products
from China

H ydro welcomes the European Commission’s


announcement of its intention to impose provisional
antidumping duties on a selection of aluminium flat rolled
products originating in the People's Republic of China.
Following a complaint lodged in June 2020 by European
Aluminium, the Commission opened in August 2020
an antidumping investigation. The investigation covers
aluminium common sheet, plates and thin gauge/fin stock
originating in China.
The European Commission has now found that the
products under investigation have indeed been sold in
the EU market at prices below the normal value, and that
this dumping has caused injury to European producers.
Therefore, the Commission has pre-disclosed on March
15 its intention to impose provisional antidumping duties
ranging between 19.6% and 47.3%.
“The European Commission’s decision to impose
provisional antidumping duties on Chinese flat rolled
products comes as a welcomed corrective measure, aiming
to restore fair competition and a level playing field in the
European Union market,” said Einar Glomnes, Hydro’s
Executive Vice President and Head of Hydro Rolling.
The provisional duties are expected to enter into force
by mid-April 2021, but the European Commission’s
investigation will continue. The final decision will be
made public by mid-October 2021. At that point, the tariffs
may be confirmed as definitive, modified or removed. If
confirmed, the tariffs are normally in place for five years.

24 | FASTENER EURASIA MAGAZINE


CORPORATE NEWS

SFS turns to
climate-neutral
energy for its
Swiss
manufacturing
locations
E lectricity consumption is the largest source of the
company’s CO2 emissions, accounting for about
80% of SFS Group's global carbon emissions. To further
improve the company’s sustainability profile, SFS is turning
to exclusively climate-neutral electricity for its Swiss
production locations. A new photovoltaic system is being
installed at company headquarters in Heerbrugg which will
produce approximately 8.5% of the electrical energy that
the company needs
in Switzerland. The
remaining electricity
consumed by the
company’s production
sites in Switzerland is
sourced exclusively
from hydroelectric
power stations as of
2021.

New photovoltaic system will cover 8.5%


of the company’s electricity needs
SFS will generate 8.5% of the electricity it needs for
its Swiss manufacturing sites through the significant
expansion of the existing photovoltaic power system at
its headquarters in Heerbrugg (CH). The installation of the
new system will be completed within the next few weeks
and the system will be completely operational in the first
quarter 2021. With a maximum output of 4,000 kWp
(kilowatts peak), it will be one of the largest photovoltaic
systems in eastern Switzerland. This corresponds to the
annual electricity consumption of approximately 3,000 to
4,000 single family homes.

Transition to climate-neutral electricity


initiated
SFS's remaining electricity requirements will be satisfied
by hydroelectric power producers from 2021 on and SFS
intends to be fully committed to climate-neutral electricity
at all of its Swiss production sites in the future. In doing
so, the company underscores not only its endeavor to
continuously reduce its ecological footprint, but also is
making a contribution to the Swiss government’s national
climate policy (net zero greenhouse gas emissions by
2050).

26 | FASTENER EURASIA MAGAZINE


CORPORATE NEWS

Bumax Working In Partnership


with Innovative Offshore Wind
Foundation Project
B UMAX and its sister company Bufab Denmark provided
bolting expertise and trial fasteners to investigate
their potential use on fixed-foundation solutions for
large modular offshore wind turbines in deep water. The
CeJacket project concluded that BUMAX fasteners did not
display any signs of corrosion when tested.

The CeJacket project


The 4-year CeJacket project in Denmark was launched in the individual parts for entire foundations on, for
early 2017 to develop more efficient methods for producing example, a harbor quay instead of at specific locations,
jacket structures, with the overall objective to reduce costs. such as shipyards, which cannot produce the enormous
The project was funded by Innovation Fund Denmark and foundations in sufficient numbers,” says Finn Daugaard
aims to boost both employment and exports in the Danish Madsen from Siemens Gamesa, who was the initial Project
wind industry in the long-term. The project was completed Manager for CeJacket. “This will mean a much more flexible
in November 2020. production set-up for foundations.”

The need for innovative foundations Fasteners for demanding marine


As the global market for offshore wind power continues
to grow, wind turbines are getting larger and are being
environments
constructed in deeper water. This requires different Modular jacket structure solutions with bolted
foundations and structures compared with conventional connections might use stainless steel fasteners that can
fixed-foundation wind turbines in relatively shallow water. withstand the corrosion conditions across different parts
Some of these large deep-water turbines may require so- of the structure. This includes below the waterline, above
called jacket structures, which are steel substructures the water line and within the crucial ‘splash zone’, where
that are traditionally used in the oil and gas industry to corrosion conditions can be even more demanding due to
support offshore rigs at water depths much greater than repeated wet and dry cycles and build-up of salt deposits.
100 m. The challenges for such structures include how to The bolted connections must also have a high strength and
cost-effectively construct them while ensuring the use of provide a long-life maintenance-free fastener solution in
high-strength and corrosion-resistant materials. all these areas.
BUMAX, together with its sister company Bufab Denmark
provided the CeJacket project with fasteners for the
partners to test. The design life of a wind turbine can be
over 25 years, operating in locations around the world
in harsh marine environments. BUMAX® 88 grade was
selected after considering both technical and commercial
factors and also taking into account experience from
No evidence of pitting or crevice corrosion, or cracks. existing marine applications where the grade has continued
Photo: Force Technology to perform successfully.

Cost-efficient foundations for offshore BUMAX – high-strength corrosion-


wind turbines resistant solution for marine
The CeJacket project investigated the potential to reduce applications
the cost of wind turbine foundations, by for example
The 2019 CeJacket Splash Zone Report by Force
investigating the use of modularized jacket structures
Technology, which documented three tests with BUMAX®
with bolted connections instead of welded. Modularization
88 concluded that, “the stainless steel BUMAX® 88
would avoid the need for large specialist shipyard facilities
mechanical fasteners and stainless bolt extenders did not
and reduce manufacturing costs, while allowing the
display any signs of pitting or crevice corrosion, nor did they
structures to be assembled either onshore or offshore.
display any signs of cracks in the stud and nut base metal
“With modularization, it will be possible to assemble
after testing.”

28 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


PRODUCT NEWS

S-Transfer : First Mechatronic


Application
F ollowing the success of S-Feed , the wire feeder with
servomotor, first mechatronic application of Sacma
Group, the new S-Transfer is now ready and available for 3)
closing angles of the fingers are set from the touch
screen panel.
Versatility with all the opening and closing cams
the 6 die progressive headers from size 4 to size 6. (normal, fast and ultra-fast) available in the program
The mechanical transfer Sacma is appreciated for menu.
precision, versability and reliability. His unique design, 4) Supervision of part presence in the finger. Same
together with quality of materials and precise construction, function of SC800 option of mechanical transfer
allows to transport the widest range of parts, from shorter 5) Higher flexibility with the independent opening
to longer ones, at high speed and assuring a constant function of all the fingers included in the S-transfer,
performance over the years, with minor maintenance costs. which replace the option of pneumatic system to open
The S-transfer is combining all those features with new the fingers in the mechanical transfer
important functions, improving production efficiency and 6) Safety thanks to the regenerative drive used for the
ease of use . flywheel; there are no problems of damage in case of
After long time testing by R&D and industrial production black out.
too, Sacma can guarantee for the S-Transfer the same 7) The closing force of each pair of fingers is individually
reliability of the traditional version, combined with adjustable from the operator panel, replacing the
the flexibility and friendly use typical of mechatronic traditional pneumatic system, where the closing force
applications. is the same for all the fingers.
The S-transfer is the natural evolution of a masterpiece 8) Timing of the transversal movement defined from the
that has become a worldwide benchmark for the multi touch screen panel, without any manual intervention to
station headers. be done.
9) The stability and durability is also ensured by a chiller,
keeping the temperature of the linear motors in
optimal conditions.

All transfer settings are stored in the PLC and applied


automatically when producing the same part in the future.
The advantage of a perfect repeatability and quick set up
makes the transfer very easy and intuitive to be used by
the new generation of technicians.

The mechatronic S-TRANSFER

About the user friendly predisposition of S-Transfert :


just through the SC Matic control panel the operator is
able to set individual opening and closing time and speed,
clamping force, lateral motion timing, optimizing the
transport conditions for any part shape and making the
machine able to run the production at the highest possible
Transfer adjustments made from the SC-Matic HMI
speed.
The S-Transfer is also the result of the synergy with
Below the main pluses of this new milestone product of
Ingramatic experience in the application of servomotors
Sacma Winning Technologies®.
for different functions; this shared experience reduces
the ‘time to market’ of the new projects while ensuring
1) Reduction of change-over time. The setup of the
product’s reliability from the day one.
transfer is done by loading the product code from the
The S-transfer is initially available on 6 dies part formers
operator panel. Savings of about 20 minutes.
model SP59, SP570 and SP570WF900.
2) Easy and user-friendly of the set-up operations for new
product, without manual intervention. The opening and www.sacmagroup.com

32 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


PRODUCT

SPIROL
Introduces
New Press-
N-Lok™ Pin

S PIROL announces the expansion of their Solid Pin


Product Line to include the new Series BP100
Press-N-Lok™ Pin.
The new Press-N-Lok™ Pin was designed to perma-
nently retain two plastic components to each other.
The pin has opposing raised barbs on each end that
are angled backwards opposite the direction of inser-
tion. As the pin is being inserted, the plastic backfills
into the area around the barbs resulting in maximum
resistance to axial force providing a secure, tamper
resistant assembly.
The Press-N-Lok™ Pin is manufactured from light-
weight, lead free, corrosion resistant aluminum. One
major advantage of the Press-N-Lok™ Pin is that as-
sembly time is quicker and it requires lower assembly
equipment costs as compared to screws and adhe-
sives.

The Press-N-Lok™ Pin is installed in two steps:


Step 1: Press the pin into one half of the plastic hous-
ing.
Step 2: Align the other half of the housing with the
exposed end of the pin and press into place.

SPIROL offers a comprehensive line of Solid Pins to


accommodate different application requirements. Stan-
dard Solid Pins include: DP100 Straight Pins, FH100
Headed Straight Pins, KP200 Straight Knurled Pins,
FH200 Headed Straight Knurled Pins, KP300 Helical
Knurled Pins, FH300 Headed Helical Knurled Pins,
BP100 Press-N-Lok™ Pins, FH400 Headed Barbed
Pins, LP500 Latch Pins for Plastics and FH600 Twist-
Lok™ Pins.

FASTENER EURASIA MAGAZINE | 33


PRODUCT NEWS

GEOMET® zinc-flake technology:


the cutting-edge solution to protect
chassis parts

As automotive industry is moving to lighter weight solutions


to reduce its carbon footprint, new materials and coatings are
required to achieve higher performance with more sustainable
product and process engineering. GEOMET® zinc flake coating is
non-electrolytic and offers excellent galvanic protection, making
it a remarkable alternative to conventional solutions at thin
layers to protect chassis parts.

T oday’s chassis engineers pay increased attention to


corrosion protection, as during service life, chassis parts
are exposed to critical environmental conditions like dirt,
• Hollow areas cannot be properly coated with electrolytical
processes and edges are less protected, with again a
higher risk of corrosion in use.
stone chipping and water in combination with salt during • Scraps of pre-galvanized steel are sold at a significantly
the winter period. lower price than scraps of blank steel.
Standard process for chassis parts frequently consists • Addition of plastic protection or extra layer for highly
of stamping of pre-galvanized metal sheets, welding and stone-chipped areas increases total cost of ownership.
e-coating. As lightweighting is a key driver, especially with
electrical vehicles, the switch to higher tensile strength A new solution for chassis parts is GEOMET® waterborne
steel allows reducing the metal thickness. Moreover, this zinc-flake technology from NOF Metal Coatings Group,
brings various critical issues regarding process engineering which addresses all above listed issues while increasing
and corrosion protection of the parts, such as: significantly the corrosion protection with a thin layer of
10µm.
• Welding on pre-galvanized steel creates critical issues GEOMET® surface allows laser marking directly on
regarding welding porosities and potential liquid metal the coated surface to avoid labelling that requires extra
embrittlement. operation and quality risk with sticking issues (>1500h
• Welding on pre-galvanized steel creates harmful fumes NSST after laser marking).
in the factory and reduces productivity due to welding GEOMET® increases thus steel parts lifetime while
speed limits. reducing complexity in the manufacturing process.

Reliable and competitive technology


Looking to functional benefits, one major French
OEM has approved GEOMET® on a low control arm after
extensive internal corrosion, fatigue and driving testing.
The results of all tests exceeded the expectations and the
outdoor weathering test in marine atmosphere as part of
a “real-life”-scenario has been running till today for over
50 months without any signs of corrosion.
In close collaboration with a Tier 1 parts manufacturer,
this low control arm is manufactured near Zaragoza
and coated on a fully automated production line in, at
Aragonesa de Tratamientos and sent afterwards to the
carmaker for final assembly. Several car models from
different brands built on the same platform are equipped
with this part.
Till today, this control arm has been running successfully
GEOMET® low control arm as part of the front axle

34 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


PRODUCT NEWS

Rack with GEOMET® parts coated at Aragonesa de Tratamientos, Zaragoza - SPAIN

in the field for almost two years of serial production. Over convinced of the proven added value of GEOMET® and
280,000 cars will be on the road with this part till end of NOF Metal Coatings Group is today in various trials
2020 with a booming demand for the upcoming years. activities with major carmakers for potential industrial
Based on this success story, other OEMs are now projects.
PRODUCT NEWS

DIMAC MCV4 – A patented machine


for high speed visual inspection and
crack detection
simultaneously with 2 different Eddy current
stations leading to a productivity improvement
up to 65%-70%, up to 250 pieces/minute.
In the Dimac MCV4, each Eddy current
station for crack detection is able to pick-up
the part and rotate along its axis of symmetry,
in front of the Eddy current probe. This pick’n
rotate system ensures a very stable rotation
of the piece without tilting. The position and
the angle of the probe with respect to the part
geometry are kept constant by a dedicated
adjustable carriage.
The availability of master OK parts and
of boundary NOK samples with cracks is
mandatory for the setup of the stations, in
order to minimize the pseudo-rejects ratio.
The man-machine interface is absolutely
user-friendly. The setup is intuitive and based
on a simple teach-in procedure, where the

S tandards in the automotive sector and many other industries are


requiring the continuous control and inspection of safety-relevant
components during the manufacturing process and prior to shipment
multi frequency testing electronics provides a
complete scanning of each piece. The results
are immediately displayed on the screen,
to guarantee the expected yield from an outstanding product. the thresholds envelopes are calculated and
It’s no longer sufficient to test the geometric dimensional features could be optimized thanks to a smart wizard
of a component: material quality, functionality and aesthetic attributes procedure.
have to be checked to prevent major economic consequences in case The MCV4 double rate incorporates also twin
the part doesn’t meet the application requirements. Structural failure stations for the complete dimensional control
can be catastrophic not only in terms of material/replacement costs, of the parts all around 360° with high-res
but also for indirect costs related to the loss of company reputation. digital cameras. Two parts could be controlled
Even the smallest defects must be found, sorted and reported simultaneously for their overall outside
during the inspection process. Thin cracks, often invisible, can open geometrical features and for mechanical
and compromise the part functionality under permanent load. In the recess inspection.
worst scenario, this can lead to component failure and could activate The patented MCV4 concept cuts the time
the well known process of product recalling campaigns. and the costs for the 100% sorting process
Non Destructive Testing (NDT) with Eddy current stations has become when cycle-time consuming controls like crack
crucial for comprehensive process control, especially for the inspection detection and 360° all around inspection are
of thin cracks spotted in the material surface. required.
Partnering with the most important NDT device manufacturers for The MCV4 covers a range from M4 to M16
the Cracks Control detection, Dimac has renewed all the machines of with shank length from 15 mm to 120 mm.
the range with state of the art NDT stations capable to perform this It also features a dedicated evacuation exit for
control with the highest accuracy and productivity rate possible. the NOK parts with cracks only.
Productivity is guaranteed thanks to a
Combining speed with accuracy recycling circuit for the pseudo-rejects or not
controlled parts which are not evacuated until
The cycle time required to perform a reliable Eddy current crack controlled and judged a second time.
detection on safety components does not allow to reach high speed in Output rates are estimated up to 250 pieces/
controlling and sorting the parts. Sorting machines with conventional minute with Eddy current crack detection and
Eddy current crack detection stations allow to output at least 150 parts/ 360° all around visual inspection with multiple
minute. frame. Higher rates up to 850 parts/minute
Dimac developed and patented MCV4 which is a double rate running could be reached with standard visual controls
inspection machine. by high-res cameras only.
This piece of equipment is capable to control 2 different parts

36 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


Your Reliable Partner for Fastener Engineering from
Tarsus, Turkey in Mega Projects Worldwide

10.9 grade bolts


Hydrogen embrittlement
risk eliminated by
ecofriendly coating
Laboratory and test services at our own and the only test
facility
laboratory in Turkey accredited acc.to
ISO/EN 17025
Wind Energy

1915 Canakkale Span Bridge, over Dardanelles Strait to be


the longest in the world when completed.
6500 hours of alt sprey tested special fasteners for the Mega 10.9 class of Anchorbolts for Europe's second World's fourth
Project of clean water pipelines under 250 meters of Longest Suspension Bridge of Japanese Contructor
Mediterranean Sea from Turkey to IHI over Bosphorus
North Cyprus

BERDAN CIVATA is a cutting edge


manufacturer of special and standard
industrial fasteners
Our CE approved fasteners are used in
Akkuyu
Nuclear Power Plant • Bridges and Suspended Bridges
Steel fasteners for stadiums
• Wind Energy
• Steel Structures
• Petrochemical Plants and Refineries
www.berdancivata.com • Hydroelectric Power Plants
• Stadiums
Berdan Cıvata Somun Makine Laboratuvar
• Defence Industry
Hizmetleri Tic.San. A.S.
MTOSB 5. Cadde No: 6 Huzurkent / Tarsus • Railways & High Speed Trains
33540 Mersin, Turkiye • Terminal, Hangars & Tunnels
• T: +90 324 6764490-2 (Pbx)
• F: +90 324 6764493 It is not just our production, but our
• Email: info@berdancivata.com solutions that make us a Leader.
PRODUCT NEWS

CONDAT launches the


LUBRISCORE ®

A selection of
eco-designed lubricants

C ONDAT shares the conviction that the company can


be a wonderful lever of innovation to respond to
contemporary challenges: climate change, diminishing
self-scoring system that
weights the product
properties based on
resources, pollution... Supporting customers and partners life cycle criteria: Raw
towards responsible performance, that combines social materials and design /
and environmental issues, is a main objective for the Production / Transport
company. / Use / End of life. This rating includes impacts on people
Initiated several decades ago, this responsible and the environment and takes into consideration the
commitment is based on one of the CONDAT Group’s state of the knowledge at the time of the assessment
fundamental values: BUILD TO LAST. Guided by this and changes to regulations. A bonus is applied in case of
historical value, since 1854 the company has been compliance with a label or certification; as for example for
pursuing a long-term strategy that contributes greatly to an ECOLABEL certified product.
its longevity. It has been therefore one of the forerunner Based on a point system and on the answers given to
to develop industrial lubricants and other specialty about twenty questions, the Lubriscore® grants, or not, the
products with a reduced environmental impact, without product with an associated number of stars. The more eco-
compromising either their performance or the safety of designed a lubricant is, the higher the number of stars it
users. As an example, the company launched its first gets, the ratings range being from 1 to 3 stars. By choosing
biodegradables lubricants 20 years ago. a product with at least one star, you benefit from an eco-
designed alternative!
The LUBRISCORE® rating is available for a wide range
CSR commitments & assessments of CONDAT lubricants, including metalworking fluids,
Since their publication in 2010, the guidelines of the wire drawing soaps, cold heading oils, hydraulic oils, die
ISO 26000:2010 standard have been a guide for CONDAT lubricants, cooling lubricants, hardening/quenching fluids
decision-making and actions. Although this standard does and maintenance lubricants.
not lend itself to certification, it provides the right guideline
to all companies being aware that social responsibility
and environmentally friendly behavior are key factors for
success. What about Fastener eco-designed
In 2018, CONDAT goes a step further in its CSR policy alternative ?
by joining the international ECOVADIS platform. Its CSR
performance is assessed annually by an independent body A 2 stars product : EXTRUGLISS A 68 G
according to 21 criteria divided into 4 themes: Environment
– HR and Human rights - Business ethics - responsible EXTRUGLISS A 68
purchasing policy. G is a vegetal based
For 2020, CONDAT has been awarded Silver level by oil that improves
ECOVADIS, recognizing its far-reaching sustainability and productivity and tool
CSR policy. This achievement places CONDAT among the life. Thanks to the
25% of the best rated global companies by ECOVADIS and high level of lubricity
among the top 6% of companies in this economic sector / of vegetal base oil (3 times more efficient than standard
lubricants. mineral base oils), EXTRUGLISS A 68 G enables to fastener
very difficult parts while increasing the OEE (efficiency of
LUBRISCORE®, a self-scoring system for your process) and reducing your tooling budget. This oil
eco-designed products can be used also for heavy duty forming operations (screw,
bolt, nuts and extrusion).
In order to provide customers better readability and total Highly performant, EXTRUGLISS A 68 G is also a dual
transparency on its products, CONDAT established in 2020 purpose oil. It has been specially formulated to provide
the innovative Lubriscore®. The Lubriscore® is a CONDAT both superior lubrication characteristics to machinery, as

38 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


PRODUCT NEWS

About CONDAT
Condat is an independent company with
international presence, specializing in the
field of industrial lubrication. For over 160
years, it has adapted its products to the
specific needs of each market (drawing,
cold heading, metal working,…) and
has developed a wide range of soaps,
greases, oils,… CONDAT lubricant range is
recognized on the metal working market,
in particular for cold heading, stamping
and cutting processes. A precursor in
well as outstanding lubrication for your cold heading process. Used as the use of innovating chemistry and
dual purpose in your machines, it will prevent cross contamination to renewable and plant raw materials,
sustain the best lubricant performances longer and extend your sump CONDAT proposes new generations of
life. A direct economy when it comes to oil change and oil destruction neat and soluble oils. It is also one of
cost. the widest product ranges on the market
With a high flash point, ensuring lower mist and smokes, and being for complementary operations: heat
free of chlorine, EXTRUGLISS A 68 G oil has a reduced impact on the treatment fluids, maintenance lubricants
environment and gives operators a friendly working environment. for machine-tools, slide oils, cleaners,
Thanks to its responsible formulation, this lubricant has been awarded degreasers and corrosion protection
a 2 stars result at the CONDAT LUBRISCORE® rating. EXTRUGLISS A 68 products.
G was formulated with renewable ingredients, an environmental effort
rewarded by the absence of mineral oil based product and tax due for
import in many regions (such as UTIF, for eg, in Italy).

YOUR #1 SOURCE FOR FASTENER And


COLD FORMING EQUIPMENT
“Our Machinery is available throughout
Europe and the United States”
• BOLT MAKING MACHINES
• BOLT POINTERS & SHAVERS
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®
Visit Us Online for Our Complete Inventory,
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• phone: 203.367.6777 • fax: 203.367.6339 info@bulte.com - www.bulte.com
ARTICLE

The Italian
Economic
Situation in
2020
It has now become normal practice at the end of the year
to try to predict what the future may hold.
2020 was a very particular year that will be remembered
for one thing – the Coronavirus pandemic.
Almost the entire world has been infected by this evil
virus which has caused severe negative consequences to
public health, the economy and society as a whole.
Covid-19 has had a detrimental impact on the market.
The reduction and very often total closure of production
by Marco A.
Guerritore activities has caused many economic indicators to fall, thus
Editor in Chief highlighting all the symptoms of a dangerous recession.
of Italian In Italy, the most economically critical period was
Fasteners
Magazine
recorded in the first four months of 2020, which
corresponded to the first lockdown period. An easing of
restrictions in the following months led to a promising
economic recovery.

42 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


ARTICLE

With the arrival of winter and a resurgence of the virus, The collapse in demand for private consumption
new – although less restrictive – lockdown measures associated with a widespread state of insecurity is the
were implemented, resulting in a general slowdown in the cause of a substantial drop in investments of 14.2% which
economy. should however rebound by around 13.0% in 2021.
Let’ take a broader look at the effects of the pandemic The contribution of exports, after the large drop in 2020
on the Italian economy. (-13.0%) should turn positive in 2021, (the forecast is
On 31 October 2020, the Bank of Italy announced that +10.5%) in line with the trend in world trade.
Italy’s public debt, i.e. the debt contracted by the Italian In terms of the labour market, unemployment will rise to
government to meet its own needs to which is added the 11.8% in 2020 and then settle at 10.7% during 2021.
interest on previous debt, hit an all-time high of 2,587
billion euros. In fact, at the end of 2019, the nation’s public
debt amounted to just under 2,420 billion euros.
At this point, the question is: “What is
Consequently, the Debt/GDP ratio at the end of 2020 the forecast of Italy’s socioeconomic
also rose to maximum values (159.9%). However, the debt- situation for the near future?”
to-GDP ratio is expected to fall to around 153.6% in 2021,
The famous economist J.K. Galbraith once said: “The
thanks to a foreseeable recovery in production activities.
only function of economic forecasting is to make astrology
In 2020, the entire manufacturing sector, in various
look respectable.” Perhaps there is too much pessimism
ways, was affected by the lockdown. After the summer
in the famous economist’s statement, although there is a
break, characterised by a weak economic recovery, it
grain of truth in it. However, there are mathematical and
slipped into a new recessionary phase.
statistical techniques that can be used to produce reliable
According to ISTAT data, the monthly seasonally-adjusted
economic forecasts.
index rose by 0.2% on a
The greatest margin of uncertainty generally lies in
cyclical basis only for intermediate goods, which are
numerical forecasting, or rather in quantitative forecasting.
those goods that can be used only once in the production
Forecasts of economic trends are perhaps more reliable
process.
and interesting.
On the other hand, the consumer goods index decreased
In order to have a certain degree of validity and reliability,
(-4.0%), which is a logical consequence of the reduced
any type of forecast needs to be periodically revised and
activity in the distribution chain. The indices for energy
recalculated according to the changes that may occur in
(-3.6%) and capital goods (-0.6%) were also negative.
the variables considered.
However, the manufacture of rubber and plastic products
That said, there is nothing to prevent us from formulating
(+2.9%) and transport equipment did well, a recovery that
hypothetical forecasts regarding the Italian economic
compensated for a significant drop recorded in previous
scenario.
months (+9.3%).
The pandemic is currently the biggest unknown factor
According to data provided by the European Commission,
because it has amply shown how it is capable of affecting
private consumption in Italy fell by 10.9% in 2020 due to
not only the Italian healthcare industry but also the entire
the lockdown, but a recovery is expected in 2021 of about
socioeconomic fabric of the country.
+7.3%.

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 43


ARTICLE

So what are the reasons for this


deviation from the national trend?
Perhaps it is the replenishment of stocks by customers,
which were depleted during the pandemic, or purchases
made for fear of a resurgence of the Coronavirus with the
consequent suspension of production activities, or it could
be the early effects of the Recovery Fund, or the important
role played by exports.
The truth probably lies in correct marketing actions,
which have consciously or unconsciously induced operators
in the sector to favour a globalised clientele that has been
able to divert its commercial activities from a market in
recession to a more effervescent one.
The most enlightening case is probably that of
Right now, the greatest hope lies in the efficacy of the
Volkswagen which, in 2020, achieved a profit of 10
vaccine, but it will take months before the entire population
billion euros, a figure lower than that achieved in 2019,
is made safe, so the current state of unease will continue
but still higher than expected, thanks to an increase in
for some time.
sales recorded in the second half of 2020. The pull of VW
was certainly helped by China, whose strong demand for
But will everything go back to normal cars compensated for the downturn VW suffered in the
once the storm has passed? Many European and US markets, where the pandemic has been
and continues to be very active.
people are doubtful. VW’s suppliers should therefore have felt the effects of
Moralisation of the epidemic and ambitions to reform the the pandemic to a lesser extent. And just like VW, many
capitalist system – writes Alberto Mingardi in an article for globalised companies have been able to cushion the
“Economia e Politica,”– wager that Covid-19 will leave its impact of the crisis on their suppliers by virtue of their
mark on us. The pandemic will impoverish us, so we will be dynamic operations.
able to afford fewer trips, fewer dinners out, and to change Undoubtedly, with the pandemic, the manufacturing
our cars less frequently than we want. We will probably be world finds itself in a difficult situation, which must be
inclined to save more than in the past, as is almost always tackled with determination. A good entrepreneur is one
the case for those who have suffered a very strong shock.” who knows how to face and overcome moments of difficulty
The current state of insecurity in the various social strata with the appropriate tools, which are mainly: marketing,
can be seen by analysing the main economic indicators information, management technique and above all
such as consumer confidence, which has fallen sharply, entrepreneurial intuition.
and the index of a firm’s propensity to invest, which is
negative for the near future.
On the other hand, the strong growth in bank savings by
citizens is confirmation of a general mood characterised by
fear and uncertainty about the future, which is becoming
more and more widespread, resulting in a lower propensity
to spend.

This begs the question: “Is the Italian


economy slowly freezing up because of
the virus?”
It depends on the business sectors. For example, the
jobs most affected are those of services (e.g. cafes,
bars, restaurants, hotels, tourism), clothing, energy and
construction, while other sectors appear not to have been
affected by the crisis at all.
One of the better performing sectors is that of industrial
goods, i.e. products that are sold to other companies,
which in turn use them in the production of goods they In conclusion, these times call for
manufacture.
According to people operating in this field, in 2020,
the entrepreneur to be able to react
the performance of their work was very positive, with positively to negative situations, in a
orders remaining at satisfactory levels, as did the value word: resilience.
of turnover.

44 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


PRODUCT NEWS

German Manufacturer
Launches Vibration Testing
Innovation
Vibration testing of bolt connections: TesT has launched the
next generation of Junker testing machines with transverse
displacement amplitude control / The new technology allows to
simulate the conditions in the field even more realistically.

A bolted connection often bears a


lot of responsibility: e.g. in railroad
or aeronautical engineering. But what
desired during the running test. The
transverse displacement amplitude can
be kept constant. Any desired ramps or
can it withstand and how long before other sequences can be simulated.
it loosens? The Junker test has always The product innovation already
been the preferred method to get the anticipates the new aviation standard
required answers for quality assurance. ISO 16130, which describes amplitude
It is used in particular to measure the regulation during the execution of
service life of a bolted connection experiments as preferred. It meets
under dynamic transverse load. But DIN 65151, DIN 25201-4, DIN 16130
the established method still had its and can be used to test all elements of
weaknesses. Up to now, it has only been bolt connections and locking systems.
possible and standardized on a vibration With the 208.200kN, TesT has further
test stand to adjust the transverse stroke developed the Junker test decisively,
without specimen before the test. During setting new standards in the quality
the test, however, the actual resulting assurance of bolted joints.
stroke declined because the bolted The family enterprise, based in
connection was tightened. If the bolt Erkrath, Germany, recently announced
then loosened during the test, the the change of management: In 2021
stroke continued to change. In the field the next generation is taking over
it is ultimately the forced transverse the business. Julia Kiewitter, Arne
stroke that leads to the loosening of Havemann and Jan Havemann are acting
bolt connections. In order to enable a as co-managing directors. Since the
more differentiated test setup, the new foundation in 1994, TesT has evolved
TesT 208.200kN allows to control the into one of the leading manufacturers
transverse stroke in a closed loop as of testing machines.

46 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


SECTOR NEWS

BIAFD members worried


about rising freight prices

British & Irish Association Of


Fastener Distributors

“ It’s every bit as bad as it was”. Grimly taciturn but typifying


responses to the BIAFD’s latest check with members on
fastener cost and availability pressures, emanating from
and surging demand as economies recover from Covid-19,
freight agents are warning importers not to expect any
improvements until at least June and most likely well into
the ongoing sea freight crisis and escalating metals costs. Quarter Three.
The common theme running through global BIAFD members have always invested heavily in inventory
Purchasing Managers Index reports for February was to smooth out the impact of the inevitable headwinds
the sledgehammer impact on manufacturing of rising that beset long-range importing. However, these are not
costs driven by supply-chain disruption and raw material headwinds: overworked as the expression often is, ‘perfect
shortages. As a vital supply-chain to UK and Irish storm’ really is an apt description right now.
manufacturing and construction industries, members There are unavoidable realities for fastener consumers
of the British & Irish Association of Fastener Distributors in all sectors. Shortages are now appearing for particular,
confirm these pressures are at unprecedented levels - and in some cases high demand, sizes of nuts, bolts or screws.
that they show no signs of easing in the foreseeable future. The levels of freight cost inflation simply cannot be
Any hope of improvement in sea-container freight rates absorbed and is now having to be passed on as substantial
and availability, once the Chinese New Year holidays cost increases, with more inevitably to follow.
were behind us, has rapidly been dashed, according to The inflationary pressure from freight is further
BIAFD members. As February closed, the hope was the compounded by radical cost increases in steel and other
holiday respite in Asian shipments might allow recovery key fastener manufacturing materials, including nickel, a
of containers to key export ports. However, there is no major value element in stainless-steel fasteners. Carbon
evidence of improvement on the ground. Cargo is piling up steel wire costs have escalated by more than twenty
in Asian ports and any capacity gains will be rapidly eroded percent, with increases of ten percent or more already
as global demand continues to surge. One thing is sure, notified for Quarter Two. The picture is not unique to
there is no let-up in container freight rates, which BIAFD fasteners, as any steel buyer knows right now. Capacity is
members continue to report as five to six times higher constrained and steel inputs, such as iron ore, are holding
than a year ago. Importers are facing ‘all up’ costs of up at historically high cost levels. Nickel market prices have
to £6000 for a 20DC container shipped from Asia to the escalated by more than forty percent year on year - driving
UK. Depending on the product involved that can equate sharp cost increases in wire for stainless steel fastener
to as much as a third of the value of the box contents. If manufacturers. Equally concerning, wire lead-times are
anything, rates look set to harden as shipping lines apply continuing to extend, with factories reporting real difficulty
$500 seasonal surcharges early and seek to recover in sourcing all the material they need.
increasing fuel costs. Whatever and whenever the eventual improvement in
With replacement inventory urgently needed to meet container availability, freight rates and material costs,
buoyant demand across many sectors, plus freight industry it is clear they will not subside to anywhere near the
warnings of little better than 50/50 chances of containers levels enjoyed in previous years. Fastener importers
sailing on schedule, importers are having to ‘bite the bullet’ and distributors have no choice to commit to the current
and pay exorbitant rates to try to ensure earliest possible extraordinary cost levels if they are to stand any chance
arrival. While Mainland China is at centre of shipment of fulfilling their core role of providing supply continuity for
unreliability and escalating costs, BIAFD members report industry and construction. With lead times upwards - in
Taiwan being little better and arranging bookings from some cases beyond 30 weeks - those commitments are
Vietnam ‘extremely difficult’. set to impact fastener costs in the UK and Irish fastener
The outlook? With a massive backlog of all types of sea- markets, indeed fastener markets throughout Europe, for
going cargo, continued major congestion in global ports, the rest of 2021.

48 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


BRAZILIAN NEWS

Sergio Milatias
Editor, Revista do Parafuso
(The Fastener Brazil Magazine)
milatias@revistadoparafuso.com

Brazil Fastener Business


2020 summary
The import and export have following, practically, the 80/20 rule

In 2020 the international operations with fasteners,


exported and imported, involving Brazil generated US$
636,13 million (mi) and 130,989.11 tons (t), in currency
Paraguay, 11% (US$ 11 mi); France, 4.5% (US$ 6,21 mi)
and Germany, 3.5% (US$ 4,76 mi).
Assessing the average price for each kilogram, among
and volumes, respectively. This result was 22.01% the fastener exported in 2020, the price orbited at US$
lower than the US$ 815.58 mi and 14.67% below the 5.08 (US$ 6.55 in 2019), higher than the US$ 4.79 (US$
153,499.58 t in 2019. No surprise in the drop due to the 5.01 in 2019) of imports.
pandemic.

Export Share Import Share Total


Currency US$ 136,86 millions 21,50% US$ 499,27 78,50% US$ 636,13
2020
Volumes 26.937,01 tons 20,57% 104.052,10 79,43% 130.989,11

Currency US$ 193,93 23,78% US$ 621,65 76,22% US$ 815,58


2019
Volumes 29.576,18 19,26% 123.923,40 80,74% 153.499,58

It is also not surprising that imports of manufactured During the closing this article we´ve got the new reports
products as fasteners are hegemonic in Brazil. Last year, about January 2021, that showed import with US$ 52,27
the market share for imported fasteners was 78.50% (US$ million (12,293.09 t). The export showed US$ 8,74 million
499,27 million) and 79.43% (104,052.1 t). During 2019 (2,258.77 t).
ended with 76.22% (US$ 621,65 mi) and 80.74% (123,923 Source: www.mdic.gov.br
t).
The share of Brazilian fastener exports in
2020 was 21.50% (US$ 136,86 million), 20.57% Top 5 countries involved in Brazil Fastener Business
Share Share
(26,937.01 t). While in 2019 the result was Export 2020: US$ 136,86 (millions) Export 2020: US$ 499,27

between 23.78% (US$ 193.93) and 23.86% 1. USA: US$ 49,3 36% 1. China: US$ 127,0 25%
(29,576.18 t). 2. Argentina: US$ 23,7 17% 2. USA: US$ 77,5 16%
One of our sources, the Ministry of Industry,
3. Paraguay: US$ 11,0 8,00% 3. Japan: US$ 51,9 10%
Foreign Trade and Services (MDIC) does not
provide data containing volumes by country, both 4. France: US$ 6,21 4,50% 4. Germany: US$ 51,6 10%
in import and export. 5. Germany: US$ 4,76 3,50% 5. Taiwan: US$ 27,7 5,60%
Thus, last year China maintained its leadership, Export 2019: US$ 193,93 Share Export 2020: US$ 621,65 Share
reaching 25% of these imports (US$ 127 mi). 1. USA: US$ 79,7 41% 1. China: US$ 130,0 21%
The score of the first five countries follows the
2. Argentina: US$ 22,6 12% 2. USA: US$ 95,5 15%
USA with 16% (US$ 77,5 mi); Japan, 10% (US$
3. Paraguay: US$ 13,0 6,70% 3. Germany: US$ 72,9 12%
51,9 mil); Germany, 10% (US$ 51,6 mi) and
Taiwan, 5.6% (US$ 27,7 mi). 4. France: US$ 7,86 4,10% 4. Japan: US$ 72,0 12%
Among the top five export destinations for 5. Germany: US$ 6,07 3,10% 5. Taiwan: US$ 33,4 5,40%
Made in Brazil fasteners are the USA with 36%
(US$ 49,9 mi); Argentina, 17% (US $ 23,7 mi);

50 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


BRAZILIAN NEWS

Belenus becomes the top 1 fastener


manufacturer in Brazil
The company substantially increased its production capacity after the acquisition of
several machinery in 2020

F asteners industry founded in 2002 and chaired by


businessman João Marcos Lucas, the Belenus Ltd it
substantially expanded its production capacity after an
acquisition, in 2020, about several used machineries,
especially a lot of cold form machines, including 13 Sacma
and 5 National Machinery models, with able to produce Belenus Industrial Plant (Vinhedo Town, SP, Brazil)
fasteners from M6 to M20 gauges.
Operating with around 1,400 employees, since then, month, 2,000 tons more than his former capacity, including
the company rise his capacity productive to 8,000 tons/ the production fasteners such as bolts, screws, and nuts,
standard and special, raising the company to the top 1
among the biggest fastener industries on activities in
Brazil.
Belenus also has a big trade division dedicated exclusively
to distribution of more than 15,000 items from the
construction material sector and other relevant products,
such as hardware, tools and various parts and equipment,
including its own brands, such as BelEnergy (photovoltaic
products), BelFit (hydraulic hoses and terminals), BelLift
(cargo handling products) and Beltools (tools and
Sergio Lucas and João Marcos Lucas (Belenus directors) hardware).

Walsywa: Heating the solar


energy market
flat and rubber washers,
flanged hex nuts, screws
(hammer, French and Allen,
with and without head), rods
and rod sets, straight plates
with holes, chemical and
mechanical anchor bolts, as
well as fasteners developed
for special projects.
“More than ever necessary, João Pedro Schrott (the
the, emergent, solar energy Walsywa president)
system needs the best options
in fastening systems, a know-how that Walsywa brings in
more than half a century of history with dynamic and solid

F ounded in 1964 and leader on supply of fastening activities. We intend, then, to differentiate ourselves in this
systems products, as fastener mechanical, gunpowder market, as we are making on the fastening systems in civil
and chemical fixation, especially for civil construction, construction sector, supported by a highly trained team, we
Since the second half of 2020 Walsywa has expanding have providing the best in service, with efficient logistics
its portfolio, specially by inclusion of items for use in solar that performs deliveries in 24 hours in most of regions on
energy capture systems, an emergent and promissor the, giant, Brazilian territory. In addition, we have our own
business. laboratory for developing products that meet demanding
Products made by stainless steel, 100% passivated, demands and in highly competitive conditions”, reported
the Walsywa solar energy lines includes terminal clamps, João Pedro Schrott, the Walsywa president.

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 51


JAPANESE NEWS

By Shun Otsuki
President § Editor in Chief
KINSAN Fastener News,
ohtsuki@neji-bane.jp
www.neji-bane.jp

Japan's J apan's exports of steel bolts to


China in 2020 were 33 billion
yen, up 4.1% from the previous
nuts and screws also showed a year-
on-year negative month in the first
half, but remained positive in the

Exports
year. The quantity increased by second half.
7.6% to 49,400 tons. Of the three The total amount of steel bolts
major items, only steel bolts were up was 33,016 million yen, an increase
to China year-on-year, but overall there is a
recovery trend from the second half.
of 4.1% from 2019 (31,709 million
yen). Cumulative quantity was

in 2020, China is the top country where


Japan exports screws. The three
49,400 tons, an increase of 7.6%
from 2019 (45,900 tons).

Steel Bolts
main items of steel bolts (HS code: The total amount of steel nuts was
731815190), steel nuts (HS code: 11,548 million yen, a decrease of
731816900), and screws (HS 16.7% from 19 (13,871 million yen).
Up 4.1% code: 731815900), which occupy
the highest weight in the export of
Cumulative quantity was 13,900
tons, a decrease of 14.5% from 19

Year-on- screws, will be the US-China trade


friction in 2019. It was sluggish
(16,300 tons).
The total amount of screws was

Year
due to the slump in the Chinese 6.1 billion yen and 68 million yen, a
economy due to the impact. It has decrease of 20.4% from 19 (7,748
been 20 years since COVIT-19 has million yen). Cumulative quantity
been rampant worldwide, but of the was 3700 tons, a decrease of 20.9%
three major items, only steel bolts from 19 (4700 tons).
have increased year-on-year. Steel

Nitto Seiko N itto Seiko (Kyoto Prefecture)


has developed a new clinching
This product replaces the
lobe-shaped detent protrusions

Develops
stud bolt that improves press-fitting of uniform thickness used in
quality and detent function. It will be conventional clinching stud bolts,
on sale from February 1st. and uses detent protrusions that
New Clinching stud bolts that are
press-fitted and integrated are
leave only the lobe-shaped edges
in a ring shape. This reduces the

Clinching used in many industries, mainly


in the automobile industry, but
load applied during press fitting and
suppresses warpage of the element.

Stud Bolt
conventional products have Further, since the fastening member
problems such as warping of that deforms at the time of press
elements and burrs at press-fitting fitting can be accommodated in the
points during press-fitting. recess inside the detent protrusion,
The company has succeeded in it is possible to prevent this
developing a "new clinching stud deformed portion from protruding
bolt" that can obtain more anti- toward the male screw side and
rotation strength than conventional becoming a burr, and to improve
products while reducing the the detent strength in the rotation
occurrence of warpage and burrs direction.
of the element.

54 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


JAPANESE NEWS

"PLUGO BAR",
a Charging Stand
for Electric
Vehicles

P LUGO, a subsidiary of Okawa Screw Manufacturing


(Tokyo), has started selling "PLUGO BAR", a charging
stand for electric vehicles (EV) that can be reserved for
"destination charging" since last year.
PLUGO is a subsidiary of Okawa Screw Manufacturing
which mainly sells automobile parts such as brake hose
fastening parts, and is developing a charging station
business for EV.
While the number of plug-in HV and EV users is
increasing, there is no environment where charging can
be guaranteed at the destination, and even if there is a
charging stand, the design is not sophisticated and it is
not in harmony with the surrounding environment. They
paid attention.
The company specializes in "destination charging" for
leisure facilities, inns, hotels, airports, and other facilities
that are lagging behind. Since charging can be reserved on
the web in advance, the driver can eliminate unnecessary
anxiety while traveling. With a sophisticated design that
does not interfere with the landscape, the exterior can be
selected according to the environment.
The function of PLUGO BAR is not just a charging stand.
A major feature is that it updates all additional services by
linking with IoT.
For example, it can be used as a power storage unit
during disaster prevention, automation of check-in to
facilities, user billing service, Connected Car cooperation,
and utilization of big data, which greatly expands the
possibilities for both facilities a n d u s e r s . U l t i m a te l y,
t h e company aims to grow into an infrastructure service
that users are not aware of when charging.

FASTENER EURASIA MAGAZINE | 55


JAPANESE NEWS

Sanko Techno Expands Products to


Civil Infrastructure Market

S anko Techno(Chiba Prefecture) is in full swing to


capture infrastructure demand. The company began
to focus on civil engineering work several years ago, and is
also actively developing products, such as launching four
new products last year.
Sales of the company's fastening business in the second
quarter of the fiscal year ending March 31, 2009 were
6,322 million yen, down 3.9% year-on-year, and operating
profit was 766 million yen, down 2.2% year-on-year.
Although both private and public works were at low
levels due to the corona sickness, the background to the
large decline was related to the capture of demand for
infrastructure equipment construction.
Until a few years ago, the company's main market was the President Hideto Horage
construction field, but with a view to the civil engineering
field as well, it has expanded its lineup of compatible
field, which is in high demand among civil engineering.
products and increased sales in the fastening business.
The company's post-construction anchors were used in a
They are focusing on the infrastructure maintenance
limited number of places in civil engineering projects, and
the amount used was small, but the range of usage scenes
is expanding in the maintenance field, which extends the
life of structures.
President Hideto Horage will focus on contact with users.
In recent years, services that allow customers to purchase
necessary construction materials in bulk have become
widespread, and opportunities for purchase at wholesalers
and e-commerce, which are ahead in terms of distribution
and inventory capacity, are increasing.
As these companies and IT platforms grow larger, the
points of contact between manufacturers and users
become weaker, and users without product knowledge
may select products based solely on price. That is why
the company focuses on sales that improve and develop
products based on the voices and information of the field
and directly appeal the products to users who are ahead
of wholesalers and e-commerce.
However, he does not intend to weaken the relationship
between the manufacturer and the wholesaler between
the users. He emphasizes that "wholesale is a partner".
He intends to continue to strengthen partnerships with
wholesalers who have a wealth of product knowledge,
large inventories, and wholesalers with a wide distribution
network, which are building systems that satisfy users.

56 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


PRODUCT NEWS

CELO’s FORCE ONE gas nailer


comes out on top

I n a test carried out to compare the performance, functionality and


other key features between some of the most popular nailers on
the market in 2021 for overhead applications, the FORCE ONE was
in overhead applications; reducing their fatigue
while increasing the amount of fixings over time.
Demonstrated by the graph below we can see
ranked the best. that compared to the other nailers tested, the
The 4 nailers measured in this test were: the FORCE ONE by CELO, FORCE ONE allows the installer to shoot, 2.58
Spit’s Pulsa 800P, Hilti’s BX3 and DeWalt’s DCN890N, comparing times faster, helping to reduce installation
them against characteristics such as weight, comfort and the success times.
rate of shooting. The design of the tool was also critical in
The FORCE ONE was found to be the lightest of the gas nailers at helping reduce installation times, with features
only 3.67kg, the most powerful with 105J of energy, and was able to such as ergonomic handles, adjustable noses
shoot more than two times faster than the battery powered nailers. and dust filters allowing installers to be more
Despite battery powered nailers being popular, they often take a efficient and agile by enhancing the tools
longer time to charge and have lower power than gas nailers, reducing productivity and providing comfort for long
their efficiency and success rate. periods of time.
Advancements to the weight and performance of a tool have All the nailers tested are able to be used on a
proven to be incremental in the productivity of installers, especially variety of base materials such as concrete and
steel. However, when using the recommended
branded nails for each gun, the 4
nailers were tested on their success
rate of shooting 50 nails into
concrete, the results once again
showed that the FORCE ONE came
out on top, with 47 nails successfully
fixed into the material.
Overall the FORCE ONE
was proven to be the best choice
among all the nailers tested,
providing a more lightweight and
powerful experience, that is perfect
for overhead applications and allows
the installer to save time and money.

58 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


ANALYSIS

SPAIN OVERVIEW
•Capital: Madrid •Area: 505,935 km² •Population: 47.076,781

Industry The Spanish automotive industry represents 10% of


Spain’s GDP and 18% of total exports.
The industrial sector accounts for 20.2% of GDP and of From 2014 to 2019 production increased by 17.5%. In
total employment. Manufacturing is the most important 2019, 2,822,360 vehicles were manufactured in Spain.
industry as it accounts alone for around 11% of GDP (World The assembly industry generates a trade surplus of €10.6
Bank, 2019). bn.
The industrial sector is dominated by textiles, industrial The automotive industry generates a significant amount
food processing, iron and steel, naval machines, and en- of employment: nearly 2 million jobs are linked to this in-
gineering. New sectors such as outsourcing of electronic dustry, and of those, 300,000 are direct.
components production, information technology, and tele- The industry (assembly and the automotive supplier
communications provide high growth potential. According sector) invests on average an estimated at €4 bn a year
to a report from KPMG and the Spanish Confederation of in expanding and modernizing plants. In 2019, the vehicle
Employers' Organizations carried out in April 2020, 27% manufacturing industry saw €2.7 billion in investments.
of businesses in the industrial sector recognize an impact
of the COVID-19 related crisis in their activity of more than
80%, but taking into consideration those whose slowdown
exceeds 50% of their pre-COVID-19 activity, the total impact
rises to 63%. Data by INE shows that the GDP generated
by the industrial sector fell by 23.8% during the second
quarter of 2020.

Automotive
Spain ranks second in Europe and eighth worldwide in
automaking. The leading automotive companies worldwide
have 17 manufacturing plants in Spain.

60 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


ANALYSIS

In 2019, 82% of the vehicles manufactured in Spain were


exported to over 100 countries. In 2019, 2,310,070 ve-
Fasteners Exported by
hicles were destined for foreign markets, with nearly two
million exported to EU countries, and exports to destina-
Spain Fasteners Exported by Spain

tions outside the EU increased significantly.


Exports to Africa, primarily Algeria, Egypt, South Africa Unit : US Dollar thousand
Unit : US Dollar thousand
and Tunisia were up 48.5% and also increased in other
destinations outside of the EU like Mexico, Brazil and Chile. Exported Exported Exported Exported Exported
Spanish production plants are among the most efficient Importers value value in value value value in
in 2016 2017 in 2018 in 2019 2020
and automated in Europe, with 1,000 industrial robots for
every 10,000 employees. This industry is one of the largest World 526,746 556,619 616,741 590,556 506,164

investors in modernization, automation, and RDI of any Germany 109,771 113,258 128,493 111,969 95,823
industrial sector, and provides full value chain flexibility in
France 90,617 95,849 104,786 94,845 84,705
the industry. The Spanish auto supply industry accounts
for 75% of the vehicle’s value. Portugal 36,489 38,150 42,211 48,469 42,086

Morocco 33,115 33,051 38,229 39,295 33,273

Spare Parts Industry Poland 30,769 27,251 32,588 32,868 29,575


1,000 automotive suppliers from 720 business groups Czechia 18,018 20,419 23,319 24,449 20,962
are in the country, guaranteeing service and supplies for
manufacturing plants. The spare parts industry invoiced Belgium 25,340 24,854 25,646 19,393 16,842

€37.17 bn in 2019 and invests 4.2% of its turnover in RDI. USA 9,350 10,181 13,381 20,074 16,511

Mexico 11,329 13,216 13,807 12,983 13,953

Romania 11,122 13,932 13,903 14,343 13,868

Slovakia 10,266 12,280 14,971 12,776 13,191

UK 18,666 21,600 18,189 18,182 12,104

Italy 10,862 13,245 12,283 11,481 10,910

Hungary 8,621 9,399 11,900 11,014 8,493

Turkey 12,733 9,440 8,720 8,444 8,193


Aerospace China 14,770 16,334 14,013 7,866 7,873
The aerospace and defense industry is highly developed Sweden 6,463 8,219 9,220 8,448 6,809
in Spain. In 2019 the Spanish market saw 13.4 billion
euros in turnover and over 57,600 people employed. Brazil 3,648 4,660 4,194 5,029 5,119

The industry is characterized by its continuous and Netherlands 3,353 4,464 5,036 5,459 4,903
steady growth over the last decade (83.7% since 2008)
Cuba 6,046 6,109 8,461 7,724 4,737
and significant investment in R&D, which accounts for 9%
of the industry’s sales. Chile 1,717 1,364 4,773 2,769 3,046
The aerospace and defense industry is a strategic sector Russian F. 977 1,262 1,352 2,311 2,513
for the Spanish economy, since:
Austria 4,639 4,764 3,197 3,008 2,374

• It creates high-quality employment Bolivia 116 932 2,914 3,397 2,104


• Accounts for 1% of total Spanish GDP and 7.3% of the
Australia 718 1,770 742 907 2,025
Spanish Industrial Production Index.
• It is key for the foreign sector. In 2019, 71% of sales were
Source: ITC
from exports.
• It is geared to RDI (the results of research in this sector
are also often used in other industries)

The Spanish aeronautics industry is a world leader in


many fields, including composite materials for aircraft
structures, low-pressure turbines, air traffic management
systems and military transport aircraft.
Spain is one of the few countries capable of covering the
entire design and manufacturing cycle of an aircraft, due to
the presence of major OEM (Airbus) and Tier-1 companies
such as Aernnova, Aciturri, Héroux-Devtek and ITP.

Sources: Eurostat, European Commission, investinspain.org

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 61


ANALYSIS

Fasteners Imported by
Spain Fasteners Imported by Spain

Unit: :US
Unit USDollar
Dollar thousand
thousand

Imported Imported Imported Imported Imported


Exporters value value in value value value
in 2016 2017 in 2018 in 2019 in 2020

World 764,393 767,384 777,128 755,645 663,407

Germany 247,294 176,234 191,409 196,317 180,253

France 103,491 93,518 89,417 88,160 91,200

China 52,032 71,037 103,749 110,829 84,543

Italy 80,524 84,025 90,437 85,677 71,655

Taiwan 67,266 73,116 85,231 80,083 61,065

USA 45,291 106,084 45,351 41,331 26,752

UK 25,103 24,405 24,581 20,758 17,943

Portugal 15,019 17,352 16,755 17,290 16,466

Denmark 4,423 6,403 5,999 8,801 12,344

Ireland 2,742 3,315 3,703 3,513 10,617

Austria 3,585 3,099 3,046 2,707 9,891

India 16,256 11,632 14,583 10,260 9,182

Turkey 6,620 7,654 10,136 10,765 8,365

Netherlands 9,305 10,692 9,737 6,686 8,350

Belgium 5,500 4,126 3,272 4,591 6,200

Japan 19,836 17,798 16,854 13,639 5,889

Czechia 5,012 5,205 6,180 7,082 5,836

Slovakia 433 1,847 5,464 6,503 4,940

Poland 9,542 6,956 4,028 3,581 4,743

Switzerland 6,591 6,650 7,807 5,683 4,619

Vietnam 5,280 5,705 8,666 5,773 4,569

Sweden 4,811 6,013 3,969 4,137 2,855

Malaysia 4,258 3,894 4,296 3,820 2,636

Hungary 1,454 3,283 2,911 2,884 2,160

Thailand 3,767 3,643 5,112 2,201 2,069

Source: ITC

62 | FASTENER EURASIA MAGAZINE


CORPORATE NEWS

Rugby – LISI AEROSPACE UK –


and AMRC secure ATI funding for
industry-defining “smart factory”
production line

R ugby and the University of Sheffield Advanced


Manufacturing Research Centre (AMRC) have jointly
secured £975,000 in funding from the Aerospace
interaction; ultimately aiming to provide an all-round better
manufacturing process.”
The AMRC, part of the High Value Manufacturing
Technology Institute (ATI) to unlock productivity gains, new (HVM) Catapult, is an internationally recognised leader in
markets and reduce waste in the fastener industry through manufacturing research, with specific expertise around
the integration of Industry 4.0 technologies. Industry 4.0 technologies at its flagship Factory 2050 in
The pilot production line for high-precision aerospace Sheffield, the place where digital meets manufacturing.
fasteners, at Rugby’s facility, will help define the “smart Gavin Hill, Project Manager at Factory 2050, said: “This
factory” by pioneering the use of machine learning, data project shows the value of Industry 4.0 to all levels
analytics, indirect fault detection, and other cutting-edge of the UK supply chain and has the potential to break
digital technologies. The aim is to deliver a smart, dynamic down barriers to technology adoption which can push UK
manufacturing line that minimises waste, improves worker manufacturing into a new era.
safety and efficiency, and sets a new benchmark for “Implementing these technologies is also a chance
productivity in the aerospace fastener industry. to reduce environmental impact by reducing waste and
“The investment shows that BAI UK are committed providing the data for LISI to understand where they are
to advancing the fastener industry with a unique and wasting energy and where they can get better life out of
impactful approach; the award of ATI funding adds tooling and consumables in a more sustainable way.”
credibility to that ethos,” said Mark Capell, General Rugby and the AMRC will work closely with machine
Manager Rugby. He also said there is an enormous builders and tooling providers throughout the 27-month
diversity in the applicability of the investment: “The project programme of work to help streamline the technology
goes far beyond the technology, it serves as an investment introduction process, as well as investigate how these
in the remarkable manufacturers in the UK, the fantastic technologies can add value to both aerospace and the
workers we employ, and does so in a more environmentally wider manufacturing world.
sensitive way. The project will reduce wastage and operator

64 | FASTENER EURASIA MAGAZINE


Creation of the future
is here.

MACH-TECH and
INDUSTRY DAYS
trade exhibitions
Hungary’s primary industry business gathering
Venue:
15. International Trade Exhibition for Machine HUNGEXPO Budapest Congress and Exhibition Center
Manufacturing and Welding Technology (Hungary)
Year after year, the MACH-TECH and INDUSTRY DAYS
co-exhibitions provide space for presenting industrial sectors
and unique innovations, as well as for establishing business
relationships.
Highlighted themes: I Industry 4.0 – M2M, IoT, AI, smart
solutions, production networks and numerous other branches
INDUSTRY DAYS of technology.
8. International Industrial Trade Exhibition Additional related subjects: tool and machine manufacturing,
electronics, automation, welding technology, robotics, logistics,
energetics, IT, supplier industry and other industrial sectors.

15–18 June 2021 Sub-exhibition: Safety Net Budapest – labour safety exhibition
More information: https://iparnapjai.hu/en/
Professional partners:
PRODUCT NEWS

Perfectly positioned with


stainless steel adjusting
screws
O n production machines and mechanisms, it is often
necessary to carry out repeated positioning operations
as simply and reliably as possible. For precisely such secure
and simple adjustments as well as for quick changing of
mechanisms or tools, Ganter now offers three new parts
that complement each other perfectly: stainless steel
adjusting screws with an adjustment scale plus matching
bearing blocks and knurled nuts.
The innovative stainless steel adjusting screw GN 827
from Ganter, the specialist of standard parts, is intended
for use with bearing blocks GN 828 and simplifies the
attachment of parts to various processing and assembly
mechanisms in machines, installations and jigs. This
means that processes that require the repeated exchange,
repositioning and adjustment of devices can be carried
out much more quickly. The mechanisms are moved into
or out of position using an adjusting screw with rotating
knob and hexagon socket fitted with a scale with 0.1 mm
graduations.
Depending on the application, the stainless steel
adjusting screws are available in a variety of thread
diameters and lengths, and can be optimally fastened to
the production machine in combination with bearing blocks
GN 828 from Ganter. Once the optimal setting has been axial support for the adjusting screw. In addition to the
found, the adjusting screw can be locked in place with a scale on the rotating knob, the receiving Groove has a
stainless steel knurled nut GN 827.1 designed specifically laser-engraved reference line for adjusting the device. In
for this purpose. The bearing blocks are made of matte, particular, this receiving groove facilitates the replacement
smoothly polished aluminum and differ in terms of the of devices or tools with the “Single Minute Exchange of Die”
screw fastening, which can be from above or from the front. method (SMED). Set-up time and costs are reduced to a
They are optionally available with a female thread matching minimum, and production can continue with the previously
the adjusting screw or a receiving groove that provides set dimensions without any machine downtimes.

66 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


M
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TÜYAP FAIR CONVENTION AND CONGRESS CENTER


‹ S TA N B U L Büyükçekmece, ‹stanbul / Turkey
PRODUCT NEWS

Keep Corrosion in Check with


Load-Rated, Type 316 Stainless-
Steel SD Connector SS Screws from
Simpson Strong-Tie
S impson Strong-Tie, the leader in engineered structural
connectors and building solutions, today introduced
the Strong-Drive® SD Connector SS screw, a Type 316
stainless-steel fastener designed, tested and approved for
use with Simpson Strong-Tie® stainless-steel connectors
to provide excellent protection in severely corrosive
environments.
A premium connector screw for applications where
strength and performance are critical, the SD Connector
SS (SD SS) screw helps protect projects from corrosion
caused by moisture, salt, chemicals and countless other
factors.
Made from Type 316 stainless steel and ideal for both
interior and exterior environments, SD SS screws have a
1/4″ hex-washer head with a large–diameter integrated H2.5ASS Installation using SD9112SS Strong-Drive® SD CONNECTOR
SS Screws
washer to provide load bearing area and are stamped with
the Simpson Strong-Tie logo and fastener size for easy to maximize connection durability and prevent galvanic
identification after installation. corrosion between different metals. Additional benefits of
“Corrosion can happen anywhere, leading to failed SD SS screws from Simpson Strong-Tie include:
connections and the need for premature repair,” says Ed • Approved for connectors: SD SS screws have been tested
Sutt, vice president of Fastening Systems for Simpson and approved for use in many popular stainless-steel
Strong-Tie. “Builders can maximize the life of their projects connector products Code listed: The SD SS is code
in any climate by using 316-grade stainless-steel fasteners compliant as evaluated in ICC ES ESR-3046. The single-
and connectors for continued quality and performance.” fastener load values achieved by the #9 SD SS exceed
SD SS screws have been designed, tested and approved those of typical 10d common nails.
for use with Simpson Strong-Tie stainless–steel connectors • Ease of use: The SD SS installs with a cordless drill in
to provide maximum performance values. When selecting spaces or conditions where using a hammer to install
fasteners for connectors, builders should match metals nails may be inconvenient.

68 | FASTENER EURASIA MAGAZINE


and SPECIAL PARTS
PRODUCT NEWS

Beck is a New
Performance
Partner of
Holzbau
Deutschland
(Wood Works
Germany)

S ince November 2020, BECK – one of the leading man-


ufacturers in the field of fastening technology – is a
new performance partner of Wood Works Germany. To-
gether, as partners at eye level, we want to create new
solutions, help shaping modern timber construction and
further strengthen its importance. It is also very important
to foster the next generation of carpenters.
''We are convinced
of timber construction.
Cooperative partnership
within the industry, with
customers and business
par tners as well as
research institutions and
training centers influence
our relationships. As a
pioneer and innovative
problem solver in the field
of fastening technology, we have always seen ourselves
as a partner to the timber construction industry. Together
for and with this industry, creating innovative, efficient and
sustainable solutions is what drives us. As Wood Works
Germany performance partner, we look forward to bringing
our wealth of experience into the carpentry, nurturing
young carpenters and working with the other partners to
help developing the wood construction in Germany in a
future-oriented manner.“
Christian Beck, General Manager & CEO, BECK

70 | FASTENER EURASIA MAGAZINE


ISK-SODEX ISTANBUL
International HVAC&R, Insulation, Pump, Valve, Fitting, Water Treatment,
Fire Prevention, Pool and Solar Energy Systems Exhibition

29 September - 2 October 2021


Tüyap Fair Convention and Congress Center
Istanbul Turkey
#isksodex
For Free t
Ticke
Entrance .tr
sodex.com

 

Organizer Supported by Co-Organizers / Supporter Associations Official Official


Airline Travel Agency
Hannover Messe
Sodeks Fuarcılık A.Ş.
Tel. +90 212 334 69 00 Member

info@sodex.com.tr
www.hmsf.com
Association of Refrigeration Industry Businesspeople

THIS FAIR IS ORGANIZED WITH THE INSPECTION OF THE UNION OF CHAMBERS AND COMMODITY EXCHANGES OF TURKEY IN ACCORDANCE WITH THE LAW NUMBER 5174
ANALYSIS

ANALYSIS OF
TAIWAN

Offical Name:
Republic of China (Taiwan) ROC
Also called:
Chinese Taipei
continues to dominate the global market with its advanced
Capital:
manufacturing processes. Taiwan set a new record with
Taipei City exports of US $ 345.28 billion in 2020. Taiwan's main
Population: export partners include South Korea, Japan, China, the
23.6 million Association of Southeast Asian Nations and the United
Surface area: States. In 2020, Taiwan also ranks 15th in the ease of
36.197 square kilometers doing business ranking.
GDP:
610.70 USD Billion MAIN EXPORT ITEMS: Electronics, basic metals and
Real GDP growth rate: metal products, plastics and rubber, organic chemicals,
semiconductors, petrochemicals, ships, wireless
5.09
communication equipment,chopper foil, iron, steel,
Currency: computers, , machinery, optical, technical, medical
New Taiwan Dollar (NTD or TWD) apparatus, automobile/auto parts, vehicles and mineral
fuels.
MAIN IMPORT ITEMS: Electrical equipment, mineral fuels,
machinery and computers.
ECONOMY OF TAIWAN
Taiwan’s Top 5 Commodity Exports : Refined
Taiwan has a largely strong export economy. Major
Petroleum – $9.7 billion ,Hot-Rolled Iron – $2.6 billion,
industries in Taiwan are electronics, oil refining, armament,
Large Flat-Rolled Stainless Steel – $2.0 billion, Coated
chemicals, textiles, iron and steel, machinery, cement,
Flat-Rolled Iron – $2.0 billion, Other Iron Products –
food processing, vehicles, electrical machinery and
$1.3 billion
equipment, plastic, optical / technical and medical
apparatus, medicines, organic chemicals, mineral fuels
Taiwan’s Other Notable Exports : Integrated Circuits
and consumer products. Producing higher-value products
– $109.6 billion, Office Machine Parts – $10.5 billion,
and then increasing their quality, finding foreign partners
LCDs – $7.6 billion, Blank Audio Media – $6.7 billion,
by small companies is one of the keys to keeping Taiwan's
Semiconductor Devices – $6.7 billion.
economy strong.
GDP in Taiwan increased from 608.10 Billion USD in
Taiwan’s Top 5 Commodity Imports: Crude Petroleum
2018 to 610.70 Billion USD in 2019. Taiwan's GDP in
– $20.5 billion Refined Petroleum – $12.4 billion
2020 was approximately 19.8 trillion New Taiwan dollars.
Petroleum Gas – $7.9 billion Coal Briquettes – $6.9
Taiwan's GDP is estimated to reach US $ 836.33 billion by
billion Refined Copper – $3.3 billion
2025.
Taiwan’s Other Notable Imports: Integrated Circuits
BUSINESS WORLD & INDUSTRIES & – $40.6 billion Photo Lab Equipment – $6.7 billion
TRADE MARKET Machinery Having Individual Functions – $6.3 billion
Cars – $5.3 billion Office Machine Parts – $3.9 billion
Taiwan's success in controlling the Covid-19 outbreak
has helped to direct many orders from other sources Source: https://commodity.com/data/taiwan/
by reducing possible drops in trade, and the industry

72 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


ANALYSIS

Statistically, Export Orders in January 2021; compared Machinery & Equipment Industry
with the same month in 2020, export orders in January
2021 increased 49.3% to US$52.7 billion. In NT Dollars, Taiwan's machinery industry increases competitiveness
export orders were approximately NT$1,499.0 billion in and continues to expand domestic and abroad. Taiwan will
January 2021, which increased 41.3% on a yoy basis. gradually increase demand and trade at home and abroad,
On the other hand, January 2021 Industrial Production by consolidating the machine industry base and improving
Index; industrial production index increased 18.81% its technology. In the future, it is expected to increase the
in January 2021 compared with the same month in smart machinery and smart manufacturing market and
2020. Annual comparison by main industrial division, accelerate the realization of the target of two trillion yuan
manufacturing increased 19.67%, mining & quarrying (approximately $ 307,678,200,000.00) in output value by
increased 17.68%, electricity & gas supply increased 2025.
8.36%, water supply increased 0.76%.
Manufacturing Production in Taiwan increased 19.67 Maritime Industry of Taiwan
percent in January of 2021 over the same month in the
The maritime industries of Taiwan are a large part of
previous year.
Taiwan's economy. Industries of particular importance
Industrial production jumped 18.81 percent year-on-
are shipbuilding, boat building, maritime transport,
year in January of 2021, following an upwardly revised
aquaculture, mariculture, commercial fishing, seafood
10.29 percent rise in the previous month. It was the
processing, offshore wind power and various forms
12th consecutive month of growth in industrial activity
of tourism. Deep sea mining, especially of dormant
and the strongest since last February, mainly boosted
hydrothermal vents, is also being considered for the future.
by manufacturing (19.67 percent vs 10.80 percent in
In 2018 Taiwan was the fourth largest yacht building nation.
December) and mining & quarrying (17.68 percent vs
Taiwan is also home to a number of maritime museums
13.31 percent). Output also advanced faster for electricity
and maritime colleges.
& gas supply (8.36 percent vs 4.39 percent) and water
supply (0.76 percent vs 0.68 percent). On a seasonally
adjusted monthly basis, industrial activity grew 3 percent,
the biggest increase in a year. Taiwan's 2020 industrial
production growth was revised upwards to 7.08 percent
from an earlier 6.81 percent. (Source: Ministry of Economic
Affairs (MOEA), Taiwan)

Computer Manufacturing Industry


1970s, Taiwan’s calculator industry gave birth to
the computer industry. 1980s, video game engineers
accidentally entered Apple II’s microcomputer world.
90s, Taiwan became the world’s notebook computer
manufacturing base. After 2000, semiconductor, LCD
panels let Taiwan shine again on the world stage. Based Engineering Sector
on the distribution of the information industry, the 21st
Taiwan's Mechanical Engineering Industry Relies on
century Taiwan is ranked together with Korea, Singapore
Smart Technology. By resorting to “Smart Technology”,
and Mainland China as “highly competitive”.
Taiwan's mechanical engineering industry aims to establish
The country’s highly successful manufacturing industry
a solid position on the global markets. Artificial intelligence
has specialised in R&D and designing and producing
plays an important role in this strategy. Due to this strength
components rather than finished products, notably in
as well as its competitive and broad product range,
the computer and smartphone industries. Only a few
Taiwan can now stand up to the established mechanical
companies such as Acer, Asus and HTC have achieved
engineering countries such as Germany, Switzerland and
global brand name recognition.
Italy.
Digitalization is a high priority for the island. The digital
economy is being driven forward and is making itself
felt in all areas of life. The government and the Taiwan
Association of Machinery Industry (Tami) are also
committed to the development and production of high-
quality semiconductors for AI applications.

Steel Industry
In Taiwan, the steel industry started from scrap
metal refinery and ship recycling and then progressed
to integrated steel mill and electric arc refinery. Taiwan

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 73


ANALYSIS

Taiwanese auto parts manufacturers excel in automation,


prototyping, and have the flexibility to produce small batch
orders in a short time. Automotive Research and Tesing
Center (ARTC), Taiwan Auto Research Consortium (TARC)
and Industrial Technology Research Institute (ITRI) support
automotive, automatic components and spare parts
industry.
Taiwanese firms have increasingly invested in automotive
electrification, for example Tesla Inc. 75% of their suppliers
are Taiwanese. With Tesla's stock prices rising, large
Taiwanese producers are also making efforts to increase
their production capacity.
Members of traditional automakers' supply chains, such
as Japanese and Western vendors, have little interest in
electric vehicles, as electric vehicles technologies and
steel industry has a complete upstream, midstream
specifications are constantly changing.This is a huge
and downstream system that enables the independent
challenge for relatively inflexible manufacturers. Major
production of a large number of steel grades, saving on
international electric vehicle manufacturers have also
very specific steel grades. Solidly completed the foundation
turned to suppliers who can show flexibility and accept
of Taiwan steel industry and established a Complete steel
their business style. Taiwanese suppliers are taking this
industry system.
opportunity to invest, as they have the flexibility and
For the development of the high-value industry and in
sufficient capacity for innovation.
response to the competition of low-price Chinese steel,
Taiwan is capable of producing a full lithium-ion battery.
Taiwan's steel industry spurred solutions such as industrial
Taiwan is in a position to develop cathode materials,
technical upgrades and strategic investments. In order to
anode materials, insulating film and electrolytes required
determine the path to higher added value, Taiwan started
for lithium-ion batteries. Quality and safety are the basic
to form a strategic R&D alliance and innovation-oriented
principles of taiwanese automobile companies. It can take
development.
three to five years for the suppliers to be certified. For this
reason, it is very difficult to replace Taiwanese companies
Automotive Industry in Taiwan that make up 75% of Tesla's supply chain.
With quiet diligence, this tiny island country which officially
still calls itself the Republic of China, builds on its industrial Energy & Electronics & Microtechnology
success and wisely chooses the areas in which it wants to
excel, including automotive industry.
Industry
Taiwan’s automotive strategy is to replicate its successful The world's industry leaders and followers travel to Taipei
business model for computing and achieve excellence in for COMPUTEX Taipei (Taipei International Information
subcontracting - using its experience in computing for up Technology Show), which offers the latest technology.
and coming market segments such as autonomous driving Among excited customers, visitors, and thousands of
in particular. Car sale campaigns in Taiwan are generally vendors, this fair has become an international platform
competitive and offer free gifts for customers. for example, for Taiwanese entrepreneurs to show the world what the
to increase their sales Toyota distributed vacuum robots future of smart manufacturing looks like.
to customers, and Nissan distributed air purifiers. Taiwan Semiconductor Manufacturing Company is
Taiwan's main annual automotive trade fair for the located in Tavyan, the world's largest semiconductor
international automotive industry is the Taipei International foundry. In addition to its three science-based industrial
Auto Parts and Accessories Show ("Taipei AMPA"). Auto part parks, it trains a large number of talented technology
manufacturers rely on exports for most of their business. and engineering graduates through its higher education
centers.
All the elements are in place to Taiwan’s fully developed
IT ecosystem and talent pool. Taiwan has a high density of
major IT companies, such as iPhone manufacturer Foxconn
Technology Group. COO of Techman Robot, the company
of Scott Huang, is the world's second largest joint robot
manufacturer, also known as the "cobot", designed to work
closely with humans on a production line since 2016.
Besides the technology that underpins Industry 4.0,
Taiwan has the manufacturing industry to build it. One of
the biggest company in this sector is HIWIN, the world's
second largest manufacturer of linear motion control
systems. The company's products range from nuts and
bolts of production lines to industrial and medical robots.

74 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


ANALYSIS

Taiwan's Aerospace Industry


Taiwan's aviation industry has a stable supply chain with
high-end technology. There are about 150 manufacturers
and 14,000 aerospace industry related employees in
Taiwan.
Due to the strong development of the globally thriving
aviation industry, Taiwan's aviation-related industries
have also launched wider market opportunities. Taiwan's
aviation industry has successfully entered the body
structure, engine and interior in the global supply chain.
Taiwan's aviation industry has established a supply chain
system for related civil aviation products and long-term
and stable international partnerships with world-renowned
companies such as Boeing, Airbus, Bombardier, GE, Pratt In order to ensure flight safety and airworthiness, aircraft
& Whitney, Safran and Spirit Aviation. maintenance and repairs are in demand in the market.
Cut into the European and American aviation supply Taiwan, which is located in the Asia-Pacific hub, is actively
chain, the aviation maintenance market has a promising expanding its aerospace maintenance business. In the
future. The aviation industry is a high-tech industry with field of aviation maintenance, Taiwan has the necessary
complex quality management and system integration infrastructure for body maintenance of various airplanes
technologies. After manufacturers enter this industry, and helicopters and the refurbishment of various engine
manufacturers can obtain long-term stable production accessories.
orders.

FASTENERS & FASTENER MARKET IN TAIWAN

Taiwan Fastener Companies on the Rise in Europe; Whilst Taiwanese companies target Europe by presenting
Fastener production is one of the most important sector themselves professionally at European fairs and events,
for Taiwanese manufacturers. European firms can promote themselves to the Asian
FASTENER TAIWAN is the only international B2B fastener market through one of the biggest fastener fairs, Fastener
show and fastener technology and the largest fastener Taiwan. Fair is held in the north, in the city of Kaohsiung.
fair in Taiwan, serving as a trading platform for sourcing The fair sees itself as a trading platform for purchasing
and procurement, drawing more than 430 exhibitors and stocking. At the fair, the entire product range for the
(using 1,200 booths) to showcase their latest products industry can be seen, as well as the entire supply chains
with innovative and integrated strengths. of the Taiwan fastener industry.

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 75


ANALYSIS
TAIWAN’S IMPORT AND EXPORT STATISTICS IN FASTENERS

TAIWAN’S IMPORT AND EXPORT STATISTICS


IN FASTENERS
Supplying markets for fasteners imported by Taiwan

Supplying markets for fasteners imported by Taiwan


US
US Dollar
Dollar Thousand
Thousand

Imported Imported Imported Imported Imported


Exporters
value in 2015 value in 2016 value in 2017 value in 2018 value in 2019
World 134,821 130,381 131,459 152,339 160,760
Japan 64,587 60,055 57,207 65,270 66,163
USA 17,700 21,294 21,345 22,433 27,487
Germany 8,103 7,728 9,581 10,211 11,891
China 6,165 8,154 8,270 9,413 10,277
Area Nes 7,432 6,190 5,991 6,765 6,798
Vietnam 4,733 3,437 3,002 4,039 4,582
Korea 5,811 3,310 5,448 4,666 4,117
Philippines 1,999 1,410 1,772 3,758 3,510
Netherlands 1,952 1,730 1,374 3,023 3,392
Sweden 2,411 1,583 1,654 3,064 2,863
Turkey 266 226 388 1,900 2,598
France 1,151 1,147 1,148 906 2,082
Switzerland 1,645 1,462 1,762 2,292 2,081
United Kingdom 1,104 2,348 1,674 1,297 1,588
Thailand 2,598 1,419 1,300 1,630 1,548
Singapore 1,247 1,050 1,276 1,366 1,359
Czechia 894 971 1,013 1,811 1,337
Italy 1,306 1,555 2,025 2,086 1,327
Spain 542 493 584 749 636
Source: ITC

76 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


ANALYSIS

Importing markets for fasteners exported by Taiwan


Importing markets for fasteners exported by Taiwan
US Dollar Thousand
US Dollar Thousand

Exported Exported Exported Exported Exported


Importers
value in 2015 value in 2016 value in 2017 value in 2018 value in 2019
World 3,873,885 3,612,011 4,093,571 4,641,143 4,320,809
USA 1,450,346 1,347,363 1,522,927 1,780,754 1,755,840
Germany 336,092 339,797 395,770 453,178 392,473
Japan 194,178 182,527 207,419 230,376 241,552
Netherlands 196,762 205,374 236,845 261,434 228,026
United Kingdom 178,022 162,804 178,605 178,525 171,457
Canada 125,866 106,514 127,149 163,109 145,258
China 110,408 117,812 145,004 143,901 114,213
Mexico 73,447 70,678 81,646 95,158 97,474
Sweden 88,661 83,042 94,160 98,761 94,566
Italy 81,435 80,742 95,524 105,351 82,131
France 71,833 69,926 78,862 84,480 81,053
Thailand 64,846 61,533 66,965 77,450 69,595
Australia 70,919 62,165 67,228 80,492 69,299
Poland 58,318 54,980 60,017 71,067 67,928
Spain 52,577 55,549 60,761 73,137 64,593
Belgium 64,437 48,370 55,689 59,154 51,643
Russia 51,506 27,863 32,005 39,352 36,215
India 27,329 32,089 37,713 42,870 35,754
Vietnam 41,719 44,677 49,063 47,978 32,780
Source: ITC

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 77


SECTOR NEWS

Xiaomi
begins
production
in Turkey
C hinese Xiaomi began production in Turkey. The Istanbul
factory of Xiaomi and Salcomp, which will have an
annual production capacity of 5 million smartphones
Xiaomi Middle East President Ronnie Wang said,
“According to the reports of the last quarter of 2020,
we are one of the top 5 phone brands in 54 countries,
employing 2000 people, was opened. Redmi 9C, the smart and we rank first in 10 countries. Overall, we are the
phone of the brand in the entry segment, will be produced number 3 smartphone brand in the world. We connect
at the factory. 289.5 million devices with the Internet of Things platform
Chinese technology company Xiaomi together with its we have established. By growing 19.4 percent in 2020,
partner Salcomp opened its fourth factory in Turkey to start we had more working opportunities for our users. Our
production operations. investment in this country will continue with the support
of Government of Turkey."
30 MILLION DOLLAR INVESTMENT ANNUAL PRODUCTION TARGET OF 5
Recep Tayyip Erdogan, President of Republic of Turkey, MILLION UNITS
said "Turkey, the junction point of Europe, Russia and Xiaomi Turkey Country Director Vincent Chang: "We are
Middle East markets, with over 10 million unit mobile very proud that we have to offer employment opportunities
phone sales annually is progressing with confident steps for creating added value in Turkey. Our goal is to create
towards becoming a manufacturing base in the region 2000 new blue and white collar employment for this year
for smart phone manufacturers. "This factory, which was and to produce 5 million units of smartphones. First, we
established on a land of 14 thousand square meters by will produce our Redmi 9C model in the entry segments
Xiaomi and it's partner Salcomp's with an investment of in this factory. We aim to increase the number of our Mi
nearly 30 million dollars, will provide employment for 2 stores to 100 to provide all the services to all corners of
thousand people with an annual production capacity of 5 Turkey."
million." .
‘ADDED VALUE OF 200 MILLION
DOLLARS’
Salcomp Senior Vice President Travel Xue also said:
"With Xiaomi, we are rebuilding this idle factory and
building state-of-the-art production lines. We are working
to make this facility a regional production center for Xiaomi
smartphones. With this factory, each year we will increase
the added value of $ 200 million to be created in the first
year."

78 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


SECTOR NEWS

Turkey’s Autonomous
Electric Bus
P resident Recep Tayyip Erdoğan
attended the test drive of the first
locally manufactured autonomous
electric bus at the Presidential Complex
on February 1.
“We tested the world's first mass
produced level-4 autonomous and
electric bus, ATAK Electric, at the
Complex ," announced President
Erdoğan. “ATAK Electric, co-produced
by KARSAN and ADASTEC, will be our
pride at a time when clean energy
consumption is taking precedence all
over the world."
Powered by BMW Li-Ion batteries,
Atak Electric accelerates up to 300 km
without interruption. It can recharge its
battery in 5 hours with AC and 3 hours
with DC.
With export deals already sealed
to Romania and the US, the co-
manufacturers have started mass
production of the bus.

Turkey’s Auto Market


Grows amid the Pandemic
T urkey's passenger car and
light commercial vehicle (LCV)
market grew 61 percent to 772,788
units year-on-year in 2020, the
Automotive Distributors' Association
(ODD) released.
Accordingly, passenger car and
LCV sales rose by 15.2 percent
in December compared to the
same month of the previous year,
reaching 104,293 units.
On a yearly basis, passenger car
sales surged 57.6 percent in 2020
to reach 610,109 units.
Global automotive giants such as
Fiat, Renault and Ford emerged as
market leaders in 2020.

80 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


TÜRK YAPI SEKTÖRÜNÜN LİDER YAPI FUARI
TURKISH BUILDING INDUSTRY’S and REGION’S BIGGEST GATHERING

43.

n
rih
i Ta tes
1 - 4 NİSAN / APRIL 2021
Ye Da
New

Organizatör / Organiser

Hyve Build Fuarcılık A.Ş. | Tic. Sic. No: 758423 | Mersis No: 0947046442400015
CORPORATE NEWS

NORMA Group closes fiscal year


2020 profitably with a clear
recovery at the end of the year
reducing sales by 1.3 percent. The forecast for fiscal year
2020 was achieved and even slightly exceeded.
“Our business proved to be robust overall in a difficult
economic environment in 2020,” said Dr. Michael
Schneider, CEO of NORMA Group “The first half of the
year was impacted by the rapid spread of the COVID-19
pandemic. In the second half of the year – following initial
signs of recovery in China – we observed a significant
increase in demand from our customers worldwide.
Our special thanks go to our employees, who showed
great dedication and flexibility under difficult pandemic
conditions.”
Strong cash flow and lower net debt
Organic sales growth in the fourth
Net operating cash flow in fiscal year 2020 amounted to EUR 78.3
quarter of million
2020(2019: EUR 122.9 million).

N Thanks
ORMAtoGroup
consistent management
has closed of cash
its fiscal year inflows
2020 and liquidity-oriented use of financing instruments,
NORMA Group’s business continued to recover strongly
theoncompany
a profitable note according to preliminary,
succeeded in securing its financial stability in an
at the environment
end of the year. that continued
According to be figures,
to preliminary
unaudited figures. In a rather challenging economic
dominatedthebycompany
environment, uncertainty.
postedNORMA Group
Group sales lowered its net debt for the third quarter in a row.261.2
of around
the company generated sales of EUR As ofmillion
the in
EURreporting date ofThis
952.2 million. December 31, a2020,
represents totaloffinancial
decline 13.4 liabilities amounted to around EUR 338.4 million level
the fourth quarter, matching the previous year’s
(Q4 2019: EUR 261.4 million). On an organic basis,
(December
percent compared31,
to 2019: EUR year
the previous 420.8 million).
(2019: EUR 1,100.1
sales from October to December 2020 increased by 3.8
million). In organic terms, sales for the full year 2020 fell
percent compared to the same period of the previous year.
by 12.1 percent, with negative currency effects further
NORMA Group – preliminary* figures for fiscal yearThat
2020
said, negative currency effects reduced sales by 3.9

Financial figures Fiscal year 2020 Fiscal year 2019 Fiscal year 2018
Income statement 01/01-12/31/2020 01/01-12/31/2019 01/01-12/31/2018
Sales (in EUR millions) 952.2 1,100.1 1,084.1
Adjusted EBITA** (in EUR millions) 54.6 144.8 173.2
Adjusted EBITA margin** 5.7% 13.2% 16.0%
Balance sheet 12/31/2020 12/31/2019 12/31/2018
Net debt*** (in EUR millions) 338.4 420.8 400.3
Equity ratio 41.7% 41.6% 40.9%

Financial figures Q4 2020 Q4 2019 Q4 2018


Income statement 10/01-12/31/2020 10/01-12/31/2019 10/01-12/31/2018
Sales (in EUR millions) 261.2 261.4 267.0
Adjusted EBITA (in EUR millions) 21.3 25.5 42.7
Adjusted EBITA margin 8.2% 9.8% 16.0%
* The results contained in this press release are preliminary figures that have not yet been approved by the Supervisory Board or been audited by an
*external auditor.
The results contained in this press release are preliminary figures that have not yet been approved by the Supervisory Board or been audited by an
** Adjustments
external auditor.in fiscal year 2020 for step-up effects from purchase price allocations (EUR 3.5 million); fiscal year 2019 (p. 148-150), fiscal year 2018
(p.Adjustments
** 141-143) in fiscal year 2020 for step-up effects from purchase price allocations (EUR 3.5 million); fiscal year 2019 (p. 148-150), fiscal year
*** Net
2018 (p.debt including hedging instruments (hedging instruments in the amount of EUR 1.4 million in fiscal year 2020; EUR 0.9 million in fiscal year 2019;
141-143)
EURNet
*** 0.8debt
million in fiscal hedging
including year 2018
instruments (hedging instruments in the amount of EUR 1.4 million in fiscal year 2020; EUR 0.9 million in fiscal year
2019; EUR 0.8 million in fiscal year 2018

82 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


CORPORATE NEWS

percent. Adjusted EBITA declined by 16.3 percent to EUR in all regions, streamlining of the product portfolio and
21.3 million in the fourth quarter (Q4 2019: EUR 25.5 strengthening of the global purchasing organization. From
million). The adjusted EBITA margin was 8.2 percent (Q4 2023 on, this program is expected to generate annual
2019: 9.8 percent). savings of around EUR 50 million and make NORMA Group
“In the fourth quarter, our business performed better more flexible and profitable in the long term.
than had been expected over the course of the year and The economic impact of the corona pandemic was the
we achieved moderate to strong organic growth in all three main reason for the decline in earnings and the margin in
regions. Business with automotive customers in particular fiscal year 2020. In particular, the large-scale economic
recovered at the end of the year. Our consistent actions standstill in Europe and America in the spring of 2020
with a focus on protecting our workforce, adapting flexibly caused a significant slump in orders. Production was scaled
to customer needs and strict cost management also had an back or, in some cases, completely discontinued at several
impact in the fourth quarter,” said Dr. Michael Schneider. NORMA Group sites. The recovery of the order situation in
the second half of the year could not fully compensate for
the decline in the first half of the year.
Earnings for the full year and the margin
for 2020 impacted by the corona
pandemic Strong cash flow and lower net debt
Net operating cash flow in fiscal year 2020 amounted
According to preliminary figures, adjusted earnings to EUR 78.3 million (2019: EUR 122.9 million).
before interest, taxes and amortization of intangible assets Thanks to consistent management of cash inflows and
(adjusted EBITA) declined by 62.3 percent compared to liquidity-oriented use of financing instruments, the
the previous year to EUR 54.6 million in fiscal year 2020 company succeeded in securing its financial stability
(2019: EUR 144.8 million). The adjusted EBITA margin for in an environment that continued to be dominated by
the full year 2020 was 5.7 percent (2019: 13.2 percent). uncertainty. NORMA Group lowered its net debt for the
This includes around EUR 29,1 million in costs for the “Get third quarter in a row. As of the reporting date of December
on track” change program launched in 2019, which are 31, 2020, total financial liabilities amounted to around EUR
not adjusted for the sake of transparent presentation. The 338.4 million (December 31, 2019: EUR 420.8 million).
change program includes the optimization of site capacities

SECTOR NEWS

Global Stainless Steel Market to


Reach $163.5 Million by 2027
- Global Stainless Steel Market to Reach $163.5 Million respectively over the 2020-2027 period. Within Europe,
by 2027 Germany is forecast to grow at approximately 3.2% CAGR.
- Amid the COVID-19 crisis, the global market for Stainless
Steel estimated at US$115.1 Million in the year 2020, is Select Competitors
projected to reach a revised size of US$163.5 Million by (Total 42 Featured)
2027, growing at aCAGR of 5.1% over the period 2020- • Acerinox S.A.
2027. Flat, one of the segments analyzed in the report, is • Aperam S.A.
projected to record 5.4% CAGR and reach US$116.8 Million • ArcelorMittal S.A.
by the end of the analysis period. After an early analysis of • Baosteel Group
the business implications of the pandemic and its induced • Bristol Metals, LLC
economic crisis, growth in the Long segment is readjusted • Jindal Stainless
to a revised 4.6% CAGR for the next 7-year period. Limited
- The U.S. Market is Estimated at $31.2 Million, While China • Mirach Metallurgy
is Forecast to Grow at 7.9% CAGR Co., Limited
- The Stainless Steel market in the U.S. is estimated at • Nippon Steel Corp.
US$31.2 Million in the year 2020. China, the world`s • Outokumpu Oyj
second largest economy, is forecast to reach a projected • POSCO
market size of US$33.8 Million by the year 2027 trailing • Sandvik AB
a CAGR of 7.9% over the analysis period 2020 to 2027. • ThyssenKrupp Stainless GmbH
Among the other noteworthy geographic markets are Japan • Viraj Profiles Limited
and Canada, each forecast to grow at 2.8% and 4.6% • Yieh United Steel Corp.

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 83


CORPORATE NEWS

Kistler Anticipates Return to


Growth Trajectory in 2021
After sharply declining sales in 2020, Kistler Group is well
positioned thanks to successful reorientation.

currency effect due to the strong Swiss


franc, this was caused by several overlapping
factors: the coronavirus pandemic hit the
automotive industry as it was midway through
a wide-ranging transformation phase. This
aggravated the situation that had already
arisen due to dwindling demand. Additional
factors include pressure on combustion
engines resulting from CO2 emission targets,
as well as existing or planned prohibitions on
combustion vehicles in many regions of the
world. China is the only region showing clear
signs of recovery since early summer, in the
wake of the severe downturn at the beginning
of 2020: by no means least, the upswing has
been encouraged by the Beijing government's
measures to increase sales.

T he contracting automotive market and the global downturn triggered


by the coronavirus pandemic have also impacted the Kistler
Group, which earns over 70 percent of its income from automobile Cost-saving measures and agile
manufacturers and suppliers to the automotive industry who have been development of markets
hit particularly hard. In 2020, sales declined by 22 percent to reach CHF To overcome the challenges presented by
361 million (2019: CHF 466 million); after adjustments for currency- this contraction, Kistler was obliged to make
related effects, this represents a decrease of 18 percent. Nevertheless, job cuts for the first time in its corporate
the company is looking to the future with cautious optimism. Thanks to history. The company implemented further
the strategic realignment that was launched in 2019 and has now been savings by consolidating its sites in Germany
completed, Kistler sees itself as well positioned to tap new customer and introducing the instrument of short-time
segments, step up its penetration of markets beyond the automotive working for some sections of the workforce
sector and thus return to a growth trajectory. in Switzerland and Germany; this is still in
“We have weathered 2020, the year that was dominated by the force at present. “However, the strategic
coronavirus pandemic; our extensive cost-cutting measures are realignment that Kistler has consistently
starting to bite, and we can already plan with more certainty again,” driven ahead since 2019 is just as
Rolf Sonderegger, CEO of the Kistler Group, comments. “2021 will be a important as these savings measures,” Rolf
year of consolidation for us as the new structures become more firmly Sonderegger emphasizes. “Thanks to simpler
established and begin to take effect. We anticipate modest growth in organizational structures, we can now cater
the mid single-digit range.” with greater agility to markets both inside and
outside the automotive industry, and we can
China is one of the Kistler Group's strongest respond to the requirements of customers
in diverse segments – from technicians
sales markets to managers.” To drive new developments
The Kistler Group's overall result for 2020 shows that China is ahead, Kistler is investing around 9 percent
developing into one of the company's largest markets. By contrast, of its sales revenue in digitalization and
the German market turned in a disappointing result. Apart from the innovation. Over 300 developers are already

84 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


CORPORATE NEWS

working in these areas today.


“In overall terms, we are guardedly optimistic despite
the difficulties of 2020,” Sonderegger notes. “We will
undoubtedly need staying power. But we are confident
that we can anticipate a return to double-digit growth in
the medium term – and we expect that to come from China
in particular.”
“In overall terms, we are guardedly optimistic despite the
difficulties of 2020. Thanks to the strategic realignment
that was launched in 2019 and has now been completed,
we see ourselves as well positioned to penetrate new
customer segments beyond the automotive sector and
thus return to a growth trajectory. For the current financial
year, we expect modest growth in the mid single-digit
range,” CEO Rolf Sonderegger comments.
Source: Kistler Group

CEO Rolf Sonderegger

PRODUCT NEWS

Japanese OSI Successfully


Develops Washer Sorting
Machine
J apanese OSI is a manufacturer
specialized in visual inspection
machines whose products have been
adopted by National Machinery from
the U.S. OSI successfully developed
a flat washer sorting machine called
"Ultra View-SLD".
The code SLD represents "slide"
which means by rolling the flat
washers, the machine can check their
front and back sides via its camera.
The first generation of the machine
can check flat washers in the outer
diameters of 10 mm to 30 mm. Supply
has started since October 2020.

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 85


CORPORATE NEWS

Optimas Using a turnkey, fully delivered and installed rack and


bin system, coupled with an advanced hand-held scanner,
staff can simply scan a barcode to consolidate and reorder

Service the parts required. This smart technology also ensures


there is no requirement for dedicated on-site staffing

Provides Total
and eliminating the need for direct contact with the
shelved items. Additionally, Optimas can provide all the
necessary staff training virtually, covering all aspects of

Workplace
the replenishment process, and best practices.
“At Optimas we are continually looking to offer the
right services at the right time to our customers in an

Safety and ever-changing environment. We are really excited about


this latest value-added service in our programme that
facilitates a secure way of providing a managed inventory

Efficiency service whilst keeping the workplace safe” Justin Parker,


Senior Director, Business Development & Commercial.
With many of the company’s fasteners manufactured in
the UK, bolstered by an increased onshore stockholding,

O ptimas OE Solutions, a globally renowned manufacturer Optimas have taken the necessary steps to mitigate
and distributor of precision-made fasteners and importation delays and offset tariff uncertainty as a result
supply chain solutions, have introduced a new contactless of Brexit. This continuity of supply safeguards customers
managed inventory system to their growing line of value- from unexpected lead times, additional costs, and ensures
added services. stock is delivered on time, every time.
The ongoing global pandemic has given rise to an
increased focus on safety within the workplace and
renewed efforts, industry-wide, to seek out new and About Optimas:
improved methods of productivity. Optimas is the leading global industrial distributor
The contactless replenishment system, available and service provider specialising in fastening and
now from Optimas, and part of the company’s range of supply chain solutions for manufacturers seeking to
manufacturing solutions, meets this demand by offering improve efficiency and profitability. We take care of
customers a new way to keep valued team members safe the details so customers can focus on manufacturing
from challenges posed by Covid-19, whilst dramatically cutting-edge products—giving them an unparalleled
reducing the time and cost required to reorder components. competitive edge.

86 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


M-C
TSE - ISO TS EN ISO 9001:2015
10002

TÜYAP FUAR VE KONGRE MERKEZ‹


‹ S TA N B U L TÜYAP FAIR CONVENTION AND CONGRESS CENTER
Büyükçekmece, ‹stanbul / Turkey
CORPORATE NEWS

New Jersey’s latest highlight


with ingenious façade
technology
Launch of 99 Hudson Street featuring fischer FZP II anchors

T he 99 Hudson Street skyscraper towers above the


buildings in the state of New Jersey after exterior work
was successfully completed in early November. Vertical
stripes made of JMS Jura limestone stretch along the
rear-ventilated curtain wall façade from the street level
up to around a third of the building’s height. The reinforced
concrete construction opens up to the surrounding area
with its blue glass in the in-between parts, the upper floors
and the crown. Around 110,000 fischer FZP II anchors
were used to secure the limestone panels of the building
envelope.
99 Hudson Street towers at a height of 274 metres,
making it the tallest building in Jersey City and the state
of New Jersey. The 79-storey skyscraper was erected
between 2016 and 2020 and was built by China Overseas
America, Inc., the US branch of COHL, whose headquarters
are located in Hong Kong. The skyscraper contains 781
residential units on an area of 137,000 square metres,
many of which are already occupied. Its location on the
western side of the Hudson River provides a panoramic
view of Manhattan, including the Statue of Liberty, the
One World Trade Center and George Washington Bridge. In
addition to apartments, the building offers 1,400 square
metres of commercial space and a 1,300 square metre the architecture firm commissioned with the project. “The
area that is accessible by the public. “99 Hudson Street has building’s timeless and elegant look is an important aspect
breathed new life into the increasingly popular area”, says of this, which opens up to its surroundings with oversized
Alexander Kaluzhny, Project Architect at Perkins Eastman, glass elements and is truly eye-catching due to its upscale
limestone cladding”.
In addition to its high optical requirements, the
25,000-square-metre façade presented additional
challenges to those involved in the structure’s planning and
implementation. “Extreme wind loads affect the skyscraper,
which is among the tallest residential buildings in the US.
Then there were the large-sized and heavy natural stone
panels”, says Constantin Wiegert, Head of façade and fire
protection systems at the fischer Group of Companies. “Our
undercut technology fastenings were perfectly suited for
these challenges. A custom fastening solution developed
especially for this project allowed the façade panels to
be securely installed. The whole process went particularly
smoothly, from the idea and planning stage through to
the static calculations and implementation, thanks to the
close cooperation with the natural stone supplier and the

88 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


CORPORATE NEWS

façade builder as well as our trade partner in the US”.


The fischer Zykon panel anchor FZP II was chosen in the
13x30 M8/SO/13 AL variant, of which around 110,000
units were used. These anchors provide a form-fit fastening
without expansion pressure and are concealed when
viewed from the building’s exterior. “We are pleased
that the clients recognized the advantages of the fischer
undercut anchors and that we were able to support the
entire installation process from start to finish”, says Louisa
Tett, owner of PROBE Rainscreen Façade Systems, the
FZP II anchor supplier in the US. Unlike edge fastenings,
undercut technology is suitable for an element façade and
for prefabrication. The façade elements were equipped
with undercut drill holes in the Bavarian factories of the
natural stone supplier JMS Jura Marble Suppliers. “We
produced over 20.000 m² of Jura limestone panels in a
short amount of time, each having between four and eight
anchor holes as well as various other labor items”, says
Magdalena Schönwetter, Vice Managing Director for the
natural stone supplier JMS. “fischer assisted us with their
technical support throughout every project phase, both
in Germany as well as at the project site in the US”. The
entire façade modules were subsequently joined together
along with the anchors and natural stone by the façade
construction company Gamma in Miami, before being
delivered to the building site in Jersey City.
The result is a skyscraper with long-term secure
fastenings and a distinguished look, as 99 Hudson Street
has upgraded New Jersey’s cityscape and further improved
the quality of living in the neighbourhood.

Can-Eng announces the


appointment of Production
Technologies International, LLC
as Sales Rep
C an-Eng Furnaces International, Ltd. (Can-Eng) is
pleased to announce the recent appointment of
Production Technologies International, LLC (PTI) as
benefits for the user. Can-
Eng is pleased to have PTI on
board to augment its sales
Sales Representative to the territory covering Michigan, network for this territory and
Ohio, Indiana, Iowa, Wisconsin, Kentucky and Western looks forward to working with
Pennsylvania. PTI is owned by Tim Josephs, who earned PTI in delivering state-of-
a Bachelor of Science in Technology from Bowling Green the-art technologies to the
State University and a Masters of Business Administration Marketplace”.
from Keller Graduate School. Tim has over 30 years of Tim Josephs of PTI added
industrial sales and management experience in the field “Having the chance to
of custom engineered thermal processing equipment and partner with Can-Eng is a
product solutions. great addition to our product line up. Their reputation
Said Tim Donofrio, Can-Eng’s Vice President of Sales, and experience in the heat treating market will allow us to
“With Mr. Josephs extensive heat treatment equipment provide a first class, complete solution to our customers
and process experience, PTI is firmly positioned to support in the Upper Midwest. We are excited to be part of the
new customers with Can-Eng Products that provide lowest Can-Eng family.”
cost of ownership investments and competitive advantage

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 89


PRODUCT NEWS

Efficient implementation of
reliable earthquake protection:
using balls screws to dampen
buildings and bridges

Today, several suppliers of earthquake protection systems


offer solutions of this type based on NSK ball screws. The
technique uses a high-load ball-screw drive with a rotating
counterweight on the nut. This ball screw (integrated into
a structural unit) then takes its place between two load-
bearing elements of the building, often in the basement.
Linear movement of the ball screw ensues when one
of the two load-bearing elements is set in motion, usually
when a high dynamic load occurs for a short period of
time, such as during an earthquake or when a heavy train
crosses a railway bridge. This linear movement converts into
rotary motion of the damping weight. When the direction of
rotation changes, the oscillations superimpose each other
with opposite amplitudes. The result is effective damping
of the shock load, whereby both dynamic compression and
tensile forces are absorbed.
Of particular note, the load capacity of the ball-screw
drive can be adapted to individual requirements in a
user-friendly manner. Typically, the units used are those
which convert a small axial stroke into a high number

C onstructing buildings and bridges in earthquake-


prone regions usually necessitates the use of damping
techniques. While solutions such as mass spring damping
of revolutions of the nut and thus achieve the required
damping effect.
Compared with the mass spring systems and hydraulic
or hydraulic systems provide the traditional way of dampers used to date, ball-screw systems in this
absorbing dynamic compressive and tensile forces, an application provide the advantage, among other things,
alternative is to use vibration dampers featuring high- of requiring very little installation space. Easy integration
load ball screws. The use of ball screws saves space and into the surrounding structure is a further advantage.
permits easy adaptation to individual requirements. The concept is highly efficient, as can be shown when
Usually deployed in industrial machinery, high-load ball comparing figures: a damping system based on a ball-
screws apply a strong, uniform pressing force to servo screw drive and rotating counterweight with a total weight
presses and plastic injection moulding machines. For such of around two tonnes achieves a damping effect for which
applications, NSK has developed the broad-ranging HTF an additional 2,000 to 3,000 tonnes of weight would be
series. HTF ball screws convert rotary motion into linear required for a mass spring system. Another benefit is that
motion and vice versa, offering high precision even when the system performs its task reliably even under harsh
subject to very strong forces and high loads. environmental conditions, while maintenance effort is
These drive components are also suitable for use as minimal as only mechanical and robust components are
vibration dampers and absorbers in buildings and bridges, used, without need for an electric drive.
a development that originated in Japan, where the risk of
earthquake is high and all structures need to be designed
and protected accordingly.

90 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


Maden Mining
Türkiye Turkey
2 0 2 1

M-C
TSE - ISO TS EN ISO 9001:2015
10002

TÜYAP FUAR VE KONGRE MERKEZ‹


‹ S TA N B U L TÜYAP FAIR CONVENTION AND CONGRESS CENTER
Büyükçekmece, ‹stanbul / Turkey
EXHIBITIONS

The World's Eyes Are On Idef!


IDEF'21, the 15th instalment of the International
Defense Industry Fair Prepares to Become the
Industry's International Trade Platform

IDEF'21 15th International Defense Industry Fair,


will be held at TUYAP Fair Convention and Congress
Center between 25-28 May 2021 under the auspices
members representing 70 countries and 3 international
organizations at the fair. International delegation
invitations for IDEF 21 have been extended by relevant
of the President of the Republic of Turkey, hosted by the official authorities on the basis of reciprocity. Like every
Ministry of National Defense, with the management and year, over the course of four days, IDEF'21 will provide its
responsibility of the Turkish Armed Forces Foundation. participants with the opportunity to meet with local and
international industry professionals, Turkish Procurement
IDEF: Once Again, the Commercial Hub Authorities and Foreign Delegations. The contacts to be
established between Turkish official authorities and local
for The Defense Industry Sector / international company representatives and delegations
The Fair which hosted 1,061 companies from 53 countries, will also help contribute to peace in the region and to
76,010 professional visitors from 96 countries, and press global peace.
members from 26 countries in 2019, is getting ready
to bring the industry together this year. At IDEF, where
national and international trade agreements through All Precautions Are Taken For an
signing ceremonies take place annually, important Efficient and Safe Fair Experience
collaborations promise to be signed in 2021. In 2021, At the fair, which always attracts solid interest of exhibitors
the number of over 100 signing ceremonies, meetings and visitors, all necessary measures are being taken for
and product launches in IDEF19 will be way exceeded in an efficient and safe user experience this year. In line with
IDEF'21, which will again position itself as the commercial the regulations published for COVID-19, all necessary
hub of the defense industry. measures are diligently being followed to ensure public
health in the fair area.
International Delegations and Local Please check the official website of the Fair at www.idef.
com.tr for details.
Authorities to Meet at IDEF’21
In 2019, IDEF hosted 151 delegations and 588 delegation

92 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


22. Uluslararası Pencere, Panjur, Cephe Sistemleri ve
Aksesuarları, Profil, Üretim Teknolojileri ve Makineleri, Yalıtım
Malzemeleri, Hammadde ve Tamamlayıcı Ürünler Fuarı
22nd International Window, Window Shade, Facade Systems and
Accessories, Profile, Production Technologies and Machinery, Insulation
Materials, Raw Materials and Auxiliary Products Fair
www.avrasyapencerefuari.com • www.eurasiawindowfair.com

Küresel Fuar
Endüstrisi Birliği

ÖZEL BÖLÜM ÖZEL BÖLÜM The Global


Association of the
Exhibition Industry

SPECIAL SECTION SPECIAL SECTION Onaylı Fuar


Approved
Event

Alüminyum Profil, Gölgelendirme,


Cephe Sistemleri ve Koruma ve Kapatma
Aksesuarları Sistemleri
Aluminium Profile, Shading, Protection
Facade Systems and and Closing
Accessories Systems

11. Uluslararası Cam Ürünleri ve Uygulamaları,


Üretim - İşleme Teknolojileri ve Makineleri,
Tamamlayıcı Ürün ve Kimyasalları Fuarı
11th International Glass Products and Applications,
Production-Processing Technologies and Machineries,
Auxiliary Products and Chemicals Fair
www.avrasyacamfuari.com • www.eurasiaglassfair.com

13. Uluslararası Kapı, Kepenk, Kilit, Panel,


Pano, Bölme Sistem ve Aksesuarları Fuarı
13th International Door, Shutter, Lock, Panel,
Board, Partition Systems and Accessories Fair

3- 6 Kasım / November 2021


www.avrasyakapifuari.com • www.eurasiadoorfair.com

Küresel Fuar
Endüstrisi Birliği M-C
The Global TSE - ISO
Association of the Üye Kurulufl / Member TS EN ISO 9001:2015
10002
Exhibition Industry TÜRK‹YE FUAR YAPIMCILARI DERNE⁄‹
Üye Kuruluş
Member TURKISH FAIR ORGANIZERS ASSOCIATION

REED TÜYAP FUARCILIK A.fi. FUAR ALANI VE MERKEZ OF‹S / HEAD OFFICE & FAIR AREA
Tüyap Fuar ve Kongre Merkezi / Tüyap Fair Convention and Congress Center
Cumhuriyet Mah. Eski Hadımköy Yolu Cad. 9/5, 34500 Büyükçekmece - ‹stanbul / Turkey Tel / Phone: +90 212 867 11 00 - 867 12 00 Faks / Fax: +90 212 886 66 98
E-posta / E-mail: Yurtiçi Sat›fl / Domestic Sales: yurticisatis@tuyap.com.tr Yurtd›fl› Sat›fl / Overseas Sales: sales@tuyap.com.tr Yurtd›fl› Fuarlar / Overseas Fairs: tuyapoverseas@tuyap.com.tr
Proje Pazarlama / Project Marketing: tanitim@tuyap.com.tr Fuar Alan› / Fair Area: fairarea@tuyap.com.tr Teknik Hizmetler / Technical Services: teknikofis@tuyap.com.tr
TÜYAP FUAR VE KONGRE MERKEZ‹
‹ S TA N B U L TÜYAP FAIR CONVENTION AND CONGRESS CENTER
Büyükçekmece, ‹stanbul / Turkey
BU FUARLAR 5174 SAYILI KANUN GEREĞİNCE TOBB (TÜRKİYE ODALAR VE BORSALAR BİRLİĞİ) DENETİMİNDE DÜZENLENMEKTEDİR.
THESE FAIRS ARE ORGANIZED WITH THE AUDIT OF TOBB (THE UNION OF CHAMBERS AND COMMODITY EXCHANGES OF TURKEY) IN ACCORDANCE WITH THE LAW NO. 5174.
EXHIBITIONS

Fastener Fair Italy 2021 postponed


Fastener Fair Italy 2021 postponed: 3rd International Exhibition for Fastener and
Fixing Technology will take place from 30 November – 1 December 2022 at Fiera
Milano City, Italy.

F ollowing last week's communication on Fastener Fair


Stuttgart's postponement, Mack Brooks Exhibitions has
announced new dates for Fastener Fair Italy. The event,
Fastener Fairs, commented on the announcement:
"Following our decision to postpone Fastener Fair Stuttgart
to the Autumn, we had to review when to hold Fastener
scheduled to be held at Fiera Milano City from 10 – 11 Fair Italy. Of course, the ongoing COVID-19 pandemic
November 2021, will now take place from 30 November – 1 and related lockdowns and travel restrictions have had
December 2022. Due to the overlap in product categories, an impact on our show calendar. As a result, we agreed
exhibitors and visitors between the two shows, the decision to move Fastener Fair Italy back to its original two-year
has been made to postpone Fastener Fair Italy. The period cycle to avoid its dates overlapping with Fastener Fair
between the two shows will give the fastener and fixing Stuttgart. This will also allow all exhibitors to tailor their
industry enough time to guarantee that the products offering based on the market demands of each show and
and services on display are up-to-date with the latest target their specific audiences accordingly. By postponing
innovations and developments that the sector offers. the show, we want to give the fastener and fixing industry
On behalf of the organiser Mack-Brooks Exhibitions, time to plan their attendance at both events and optimise
Liljana Goszdziewski, Portfolio Director of the European the benefits of their participation at each show."

Fastener Fair India rescheduled to August 2021


W ith India flattening the curve and COVID-19
vaccination drive across the country underway, we
are hopeful that we will get back to ‘normal’ soon. In the
India, said: “We have taken the decision to postpone the
event so that the next time we meet we will be able to offer
a fantastic face-to-face show with positivity and enthusiasm
meantime, however, Reed Exhibitions India has decided it in abundance. The health and safety of our colleagues,
is prudent to postpone its upcoming edition of Fastener Fair partners and audiences remains our number one priority.
India, scheduled for 22-23 April 2021 at Bombay Exhibition Our Global COVID-19 ‘Safety Shows’ Health and Safety
Center, Mumbai. The next edition of Fastener Fair India is strategy aims to reduce the assessed risks of COVID-19
now scheduled to take place 17-18 August 2021, Hall 3, by complementing and building on those community
Bombay Exhibition Centre, Mumbai, Goregaon (E). and other industry safeguards already deployed outside
The decision has been made in order to ensure that both of the trade exhibition and event setting. This strategy
visitors and exhibitors (including the 56% of international demonstrates to all our partners and visitors that we are
exhibitors we welcome) are able to secure an optimum level able to run COVID-19 safe and compliant shows in the
of return on investment from a quality event, delivering countries where we are permitted. We look forward to a
business opportunities as well as driving economic growth. great live event and welcoming you in August 2021.”
Anuj Mathur, Chief Operating Officer of Reed Exhibitions

NEW DATE for MACH-TECH and INDUSTRY


DAYS trade exhibitions
The new date: 15-18 June 2021

A ccording to the Hungarian Government's announcement


on 25th February, coronavirus-related restrictions
(including the ban on organisation of events) will remain
exhibitions can be organised at this time, in hybrid version.
In addition to the traditional exhibition in physical space,
exhibitors and visitors can join the event virtually this year,
in place until 15th March 2021. too, as the on-site exhibition will be expanded with a virtual
That is why the management of Hungexpo Ltd., addition, broadening the possibilities of visitor meetings
considering the current situation and keeping in mind the and business deals.
interests of our exhibitors and visitors, decided to postpone Hungexpo Ltd. will continuously monitor the measures
the MACH-TECH and INDUSTRY DAYS exhibitions. and legislation in force, of course, and will send continuous
Hungary’s and the region’s market leader exhibition information about the current changes to its exhibitors,
and conference organiser company trusts that the co- partners and professional visitors.

94 | FASTENER EURASIA MAGAZINE | MARCH- APRIL 2021 fastenereurasia.com


SECTOR NEWS

Construction activity expected


to fall by 7.8% – complete
recovery not before 2023
B eyond all market influences seen in recent
years, the effects of the corona crisis have
now taken over within a short time. According
to the latest forecast, the construction volume
in the EUROCONSTRUCT area is expected
to slump by 7.8% in 2020. This means the
second upward revision after -11.5% in June
and -9.1% in August. For 2021, the forecast
is quite similar to the revision in August and
amounts to a growth of 4.1%. For the years
2022 (+3.4%) and 2023 (+2.4%) the outlook
remains positive. Until 2023 total construction
output in the EUROCONSTRUCT area is likely
to reach € 1.73 trillion and to exceed the pre-
corona level of 2019 by € 28 billion or 1.7%.
The consequences for the individual countries
are significantly different. Thus, the range goes
from a small growth in Finland and stagnation
in Portugal and Norway to a sharp decline of
almost one fifth in the UK in the current year.
Other heavyweights like France or Spain are
also strongly affected, whereas the German
market did surprisingly well due to the fact that
activities could continue relatively unhindered.
Regarding the individual market segments, it
should be pointed out that the civil engineering
sector is likely to be least affected by the corona
turbulences. The expenditure on infrastructure
facilities will fall by only 3.8% this year and
expand by 5.2% next year. However, the negative
consequences for building construction should
be much bigger. The EUROCONSTRUCT network
is expecting a minus of 9.2% for the non-
residential construction sector followed by a
moderate plus of 2.5% in 2021. Even in 2023,
the level of
2019 is likely to be missed. This is different
for the residential segment. After a major loss by
8.6% in 2020, the market will regain significant
momentum in 2021 with an expected growth
of 4.7%. Due to government bans and legal
uncertainties in spring also many renovation
projects had to stop, partly even for weeks.
This leads to the fact that, different from
typical economic crises, this time even the
renovation sector has been heavily affected.
While the construction of new buildings will
probably collapse by 10.5% this year, the
renovation activities will severely weaken by
7.3%, as well.

fastenereurasia.com MARCH- APRIL 2021| FASTENER EURASIA MAGAZINE | 95

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