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Fastener EurAsia Magazine 75
Fastener EurAsia Magazine 75
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.
To Do List Left
Behind When You Die
Ali BAYSAL
President & Editor-in-Chief
alibaysal@fastenereurasia.com
Current
dates of
Fastener
Int. Fastener, Machining, Spring and Equipments Magazine
Fairs Contact
www.fastenereurasia.com
info@fastenereurasia.com
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
group
CORPORATE NEWS
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.
匀唀倀倀䰀䤀䔀刀
䐀䤀刀䔀䌀吀伀刀夀
眀眀眀⸀昀愀猀琀攀渀攀爀攀甀爀愀猀椀愀⸀挀漀洀
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
Special Screws
ISO
9001:2015
CORPORATE NEWS
Teudeloff
Presents New
Homepage
Atotech’s new
production site
in Yangzhou,
China, comes
online
European
Union to impose
antidumping
duties on certain
aluminium flat
rolled products
from China
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.
SPIROL
Introduces
New Press-
N-Lok™ Pin
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
A selection of
eco-designed lubricants
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).
®
Visit Us Online for Our Complete Inventory,
Latest Additions and To Join Our Mailing List
. . . www.haritonmachinery.com
BÜLTE GmbH - Kunststofferzeugnisse
HARITON MACHINERY CO., INC. D - 59348 Lüdinghausen - Germany
Headquarters & Warehouse
810 Union Ave. • Bridgeport, CT 06607 Te l : ( + 4 9 ) 02591 / 9 1 9 4 - 0
• e-mail: machinery@haritonmachinery.com F a x : ( + 4 9 ) 0 2 5 9 1 / 9 1 9 4 - 3 4
• 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.
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%.
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.
Sergio Milatias
Editor, Revista do Parafuso
(The Fastener Brazil Magazine)
milatias@revistadoparafuso.com
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);
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.
By Shun Otsuki
President § Editor in Chief
KINSAN Fastener News,
ohtsuki@neji-bane.jp
www.neji-bane.jp
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
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
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
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
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.
"PLUGO BAR",
a Charging Stand
for Electric
Vehicles
SPAIN OVERVIEW
•Capital: Madrid •Area: 505,935 km² •Population: 47.076,781
Automotive
Spain ranks second in Europe and eighth worldwide in
automaking. The leading automotive companies worldwide
have 17 manufacturing plants in Spain.
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
€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
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
Fasteners Imported by
Spain Fasteners Imported by Spain
Unit: :US
Unit USDollar
Dollar thousand
thousand
Source: ITC
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
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TSE - ISO TS EN ISO 9001:2015
10002
Beck is a New
Performance
Partner of
Holzbau
Deutschland
(Wood Works
Germany)
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
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)
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
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.
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."
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.
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
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%
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
PRODUCT NEWS
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
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.
Efficient implementation of
reliable earthquake protection:
using balls screws to dampen
buildings and bridges
M-C
TSE - ISO TS EN ISO 9001:2015
10002
Küresel Fuar
Endüstrisi Birliği
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.
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