- Will hold investor presentation and meetings at St. Regis Beijing, September 16th SHIJIAZHUANG, China, August 29, 2014 /PRNewswire/ -- AutoChina International Limited ("AutoChina" or the "Company") (O...Read More »
- Eases concerns on reliance on uncertain rare earth supplies and supports environmental protection SEOUL, South Korea, August 28, 2014 /PRNewswire/ -- LG Innotek, a leading global components manufactur...Read More »
-- Automotive and aerospace industries represent key growth areas
MOUNTAIN VIEW, Calif., Aug. 27, 2014 /PRNewswire/ -- The business model and structure of the manufacturing industry has grown well beyond the scope of a single enterprise and location, making radio frequency identification (RFID) solutions indispensable to its functioning. With increasing adoption of lean manufacturing strategies prompting most industry players to focus on and outsource niche operations within global supply chains, RFID solutions will help sustain high levels of performance.
New analysis from Frost & Sullivan, Analysis of the Global RFID in Manufacturing Market, finds that the market earned revenues of $1.29 billion in 2013 and estimates this to nearly quadruple to $4.99 billion in 2020. The study covers passive, active and battery-assisted passive RFID. Over the forecast period, demand for active RFID will increase to fulfill business needs more efficiently.
Use of RFID technologies enhances supply chain visibility and total control of inventory, operations and logistics across diverse manufacturing points. As RFID solutions facilitate real-time tracking of assets in different locations, it increases productivity enabling cost-effective allocation of resources. These benefits, along with reduced labor requirements, information accuracy, improved sales and customer service boost RFID adoption among manufacturing participants looking to realize higher return on investment.
"Opportunities for RFID solution providers exist across all application segments within the manufacturing industry," said Frost & Sullivan Measurement & Instrumentation Senior Research Analyst Nandini Bhattacharya. "Growth prospects in the automotive and aerospace manufacturing sectors are especially promising owing to supportive industry regulations."
However, as long as the economic situation remains uncertain, customers -- particularly small and medium enterprises -- will be reluctant to invest in RFID solutions unless they see a direct correlation between implementation of these technologies and cost-saving advantages. Cost is, therefore, a discerning factor for consumers' RFID purchasing decisions. Scalability of solutions and technology support will be important criteria influencing uptake.
"Partnerships and acquisitions are rampant and necessary for this market to continue to expand," noted Bhattacharya. "Without such collaborations, the breadth of knowledge and expertise needed for success is typically too wide even for the largest of companies."
Analysis of the Global RFID in Manufacturing Market is part of the Automatic Identification (http://www.autoid.frost.com) Growth Partnership Service program. Frost & Sullivan's related studies include: Analysis of the Global 2D-Barcode Scanners Market, Analysis of the Global RFID Tags Market, Analysis of the Global RFID and Bar Code Printers Market, and Emerging Opportunities in Global Biometrics Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
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Analysis of the Global RFID in Manufacturing Market
Corporate Communications – North America
Win Inertia Incorporates Maxwell Technologies Ultracapacitors for Braking Energy Recuperation in Spanish Rail System
High-Efficiency Hybrid Energy Storage System Reduces Energy Consumption; Excess Power Used to Charge Electric Vehicles
SAN DIEGO, Aug. 25, 2014 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL) announced today that Win Inertia, an engineering firm specializing in power electronics, energy storage and control and communication systems, is using its ultracapacitors for a stationary wayside braking energy recuperation system at an electric rail system in Cerro Negro, Spain. Win Inertia designed and installed the system under a contract with the Spanish government's Administrator of Railway Infrastructures (ADIF). In this installation, the system also enables ADIF to store excess energy in a battery bank that supplies an electric vehicle (EV) charging station located at the rail station. The facility also seamlessly integrated a photovoltaic (PV) generator to supply additional energy if required.
The recuperation system employs Win Inertia's SHAD® hybrid control technology (international patent pending) to integrate batteries and Maxwell ultracapacitors to increase energy recovery efficiency and reduce stress on the batteries, thereby extending battery life. Ultracapacitors' rapid charge/discharge characteristics uniquely enable them to capture and store more energy during each braking event than battery-based systems, which have limited ability to absorb energy in the few seconds required to stop a vehicle. Win Inertia's high-efficiency hybrid energy storage and power delivery system furthers ADIF's return on investment as it enables dual use of the recuperated energy for rail vehicle propulsion and EV charging. By converting kinetic energy into stored electric energy through regenerative braking, the system recovers 8 to 10 percent of the total energy used by the railway system, which is then used to power the EV charging station.
"By incorporating ultracapacitors, which accept charge from the braking energy recuperation system much more efficiently than batteries, the system recovers significantly more energy," said Eugenio Domínguez Amarillo, Win Inertia's CEO and chief technology officer (CTO). "Additionally, by using ultracapacitors to relieve the batteries of the stress of repetitive cycling, we expect to extend battery life by 20 to 25 percent."
Braking energy recuperation systems in electric and hybrid rail vehicles save fuel and electrical energy by using resistance from the electric motor to stop the vehicle, and, through that process, converting kinetic energy that would be wasted in a conventional friction-based braking system into stored electrical energy. Ultracapacitors' high reliability and extremely long operational life also make them a preferred option for heavy cycling electric utility grid applications.
Dr. Franz Fink, Maxwell's president and CEO, said, "Transportation is the world's largest energy consumer, so systems that enhance energy efficiency and reduce fossil fuel consumption and emissions can play a transformational role in energy management and create tremendous long-term growth opportunities for rapidly advancing ultracapacitor technology."
Unlike batteries, which produce and store energy by means of a chemical reaction, ultracapacitors store energy in an electric field. This electrostatic energy storage mechanism enables ultracapacitors to charge and discharge in as little as fractions of a second, perform normally over a broad temperature range (-40°C to +65°C), operate reliably through one million or more charge/discharge cycles and resist shock and vibration. Maxwell offers ultracapacitor cells ranging in capacitance from one to 3,000 farads and multi-cell modules ranging from 16 to 160 volts. For more information on Maxwell's ultracapacitor products, please visit Maxwell.com.
About Win Inertia: Win Inertia is a high-tech engineering company, highly specialized in power electronics, energy storage and control and communication systems applied to renewable energy integration and energy efficiency. The company's most innovative technology is a hybrid energy storage system integrating ultracapacitors, batteries and other storage technologies such as flywheels and fuel-cells under a unique bus using its technology (SHAD-FS4G). Thus, a high performance in terms of power and energy density is achieved. The control and power electronics technology applied in the system extend the battery life and avoid over-sizing of the storage system, decreasing investment and operation costs. The system can be applied in a variety of fields such as weak grid stabilization, grid services, renewable energy integration and transportation. For more information, please visit the website: www.wininertia.es.
About ADIF: ADIF is the state-owned Administrator of Railway Infrastructures in Spain. ADIF plays a leading role in promoting the railway sector, working toward converting it into the ideal mode of transport and facilitating access to the infrastructure under fair conditions. Its aim is to promote the Spanish railway system by means of the development and management of a safe, efficient and sustainable infrastructure to the highest quality standards in environmental terms. ADIF is in charge of administrating rail infrastructures (tracks, stations, freight terminals, etc.), managing rail traffic, distributing capacity to rail operators and the collection of fees for infrastructure, station and freight terminal use. For more information, please visit the website: www.adif.es.
About Maxwell: Maxwell is a global leader in the development and manufacture of innovative, cost-effective energy storage and power delivery solutions. Our ultracapacitor products provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. Our radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications. For more information, please visit our website: www.maxwell.com.
Maxwell Technologies Contacts:
Media: Rachel Sullivan, Metis Communications: +1 (617) 236-0500; email@example.com
Investor: Michael Sund: +1 (858) 503-3233; firstname.lastname@example.org
Sales & Technical: Stefan Strohmayer: +49 89 4161403 13; email@example.com
GETINGE, Sweden, Aug. 25, 2014 /PRNewswire/ --
Getinge Infection Control has been awarded the prestigious and coveted Red Dot design Award for its innovative user-interface called Getinge CENTRIC. The design of the newly launched user-interface for sterilizers and washer-disinfectors received the jury´s attention, thanks to its user-centric approach and focus on process assurance and safety.
The Red Dot Design Award is one of the world's largest design competitions. The international jury judges each of the 7096 entries live and in-situ in sessions running over several days.
Getinge Infection Control has in the past years developed CENTRIC a new patent pending user interface for washer- disinfectors and sterilizers, used in the Healthcare and Life Science segments. Creating a user interface for equipment in the infection control settings that enables an efficient, safe and intuitive handling required extensive user involvement and research engagement.
Getinge CENTRIC offers a unique guiding interface, showing only the information the operator needs in each situation. The interface is coordinated throughout all Getinge products for recognition and safe use. The aim of the intuitive and guiding interface is to minimize the risk of human error and allow the users to operate the machines with higher confidence and in less time. Another important aim is to support staff in solving errors themselves without lengthy stop in the flow of goods, and to substantially reduce costly training time.
"Winning the Red Dot award for Getinge CENTRIC is recognition that the intuitive user-interface is truly a game changer for our industry. The development of CENTRIC is designed with the user in mind. From this perspective, CENTRIC offers our customers more efficient processing and safer handling of their equipment in an appealing format," says Anders Grahn, President & CEO for Getinge Infection Control.
In this process Getinge has worked in close cooperation with the Swedish design and innovation agency Lots. This is the second time Getinge Infection Control and Lots wins the Red Dot seal together. Lots has extensive experience and knowledge of developing creative and brand new design solutions that meet people´s needs.
"Getinge CENTRIC is a good example of user centric innovation, where deep user involvement during the development process resulted in a completely unique user interface that supports the staff," explains Hanna Ljungstrom, Design Manager at Lots.
President & CEO
Getinge Infection Control
Gas treating technology includes first membrane-based system on a Floating Production, Storage and Offloading (FPSO) vessel in the North Sea
JAKARTA, Aug. 22, 2014 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE: HON) company, announced today that it has been selected by BW Offshore to remove contaminants from natural gas aboard a new Floating Production, Storage and Offloading (FPSO) vessel off the coast of Scotland.
The vessel, which will be leased to Premier Oil, will include a UOP SeparexTM Membrane System to remove carbon dioxide. While the technology has been successfully used elsewhere, this will be the first FPSO in the North Sea to use a membrane-based treatment system. UOP guard bed adsorbents will also be used to remove mercury and hydrogen sulfide. These contaminants must be removed to meet export and end-user specifications, and to protect downstream equipment.
Vast quantities of recoverable natural gas lie under the Earth's oceans. Accessing, treating and recovering these natural resources can be challenging due to ocean movement, environmental regulations, and space and resource constraints on offshore production facilities.
"UOP is continually innovating to create lightweight, compact, chemical-free equipment that is ideal for complex offshore gas environment," said Rebecca Liebert, senior vice president and general manager of Honeywell's UOP Gas Processing and Hydrogen business unit. "By integrating UOP Separex membrane technology and guard bed adsorbents into a single system, we are able to create a solution that improves gas processing efficiency while reducing operating costs for FPSO operators."
Scheduled for start-up in 2017, BW Offshore's FPSO will be located approximately 125 miles east of Aberdeen, Scotland, in the Catcher oil field, in which Premier Oil has a 50 percent operating interest. It will have a processing capacity of 60,000 barrels per day of oil and a storage capacity of 650,000 barrels.
UOP Separex technology upgrades natural gas streams by removing carbon dioxide and water vapor. These contaminants must be removed to meet the quality standards specified by pipeline transmission and distribution companies as well as natural gas end users. Decades of operation in natural gas service have demonstrated that Separex membranes are the most robust for natural gas service and can achieve the longest membrane life in the industry. They eliminate the need for solvents, which could spill and damage the marine ecosystem. To date, more than 130 of UOP's membrane systems have been installed worldwide.
UOP guard bed adsorbents allow the removal of trace amounts of sulfur or mercury. These high-loading metal oxide adsorbents provide reliable protection for downstream equipment and consistently meet pipeline gas specifications, with no moving parts and no operator intervention.
Honeywell offers a broad range of technologies for natural gas production, processing and transportation. Its UOP Gas Processing and Hydrogen business has supplied technology to more than 3,600 individual process units for gas processing in a broad range of applications throughout the world. The business offers technology, equipment and materials to treat and process natural gas, and to purify hydrogen used in refineries. Its gas technologies extract contaminants such as water, mercury, sulfur and carbon dioxide from raw natural gas. UOP also offers technologies to recover natural gas liquids (NGLs). UOP gas processing solutions are offered as efficient pre-engineered equipment packages or licensed technology.
Honeywell Process Solutions provides advanced automation, monitoring, safety and security systems for the entire gas supply chain to help operators increase plant reliability and efficiency, while reducing costs and risk.
BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore is the world's second largest contractor of its kind with a fleet of 14 FPSOs and one Floating Storage and Offloading unit represented in all major oil regions worldwide.
Premier Oil plc is a leading independent exploration and production company with oil and gas interests in the North Sea, South East Asia, Pakistan and the Falkland Islands, as well as exploration interests in Brazil, Iraq and Kenya.Read More »
READING, Pennsylvania, Aug. 14, 2014 /PRNewswire/ -- John D. Craig of EnerSys (NYSE: ENS) today announced that he will be stepping down from his position of President effective November 1, 2014, but will remain with the company as Chairman and Chief Executive Officer. With this move, Dave M. Shaffer has been appointed to the newly created position of President and Chief Operating Officer. Mr. Shaffer is currently serving as President of the Company's Europe, Middle East and Africa business and prior to that was President of the Company's Asia business. Mr. Shaffer will continue to report to Mr. Craig.
"Dave is an experienced executive recognized for his accomplishments at EnerSys, I want to congratulate him on his new position and look forward to continuing to work with him," stated Mr. Craig, "as EnerSys continues to grow towards our goal of $4 billion in revenue by 2018 this new position is one more element that will help ensure we achieve this objective."
Mr. Shaffer, who has over 24 years experience in the battery industry, joined EnerSys in 2005 and has held positions of increasing responsibilities with the Company. He holds a B.S. in Mechanical Engineering from the University of Illinois and an MBA from Marquette University.
For more information, contact Thomas O'Neill, Vice President and Treasurer, EnerSys, P.O. Box 14145, Reading, PA 19612-4145, USA. Tel: 800-538-3627; Web site: www.enersys.com.
EDITOR'S NOTE: EnerSys, the global leader in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Motive power batteries and chargers are utilized in electric forklift trucks and other commercial electric powered vehicles. Reserve power batteries are used in the telecommunication and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions including medical, aerospace and defense systems. Outdoor equipment enclosure products are utilized in the telecommunication, cable, utility, transportation industries and by government and defense customers. The company also provides aftermarket and customer support services to its customers from over 100 countries through its sales and manufacturing locations around the world.
More information regarding EnerSys can be found at www.enersys.com.
Caution Concerning Forward-Looking Statements
This press release, and oral statements made regarding the subjects of this release, contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, or the Reform Act, which may include, but are not limited to, statements regarding EnerSys' earnings estimates, revenue goals, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts, including statements identified by words such as "believe," "plan," "seek," "expect," "intend," "estimate," "anticipate," "will," and similar expressions. All statements addressing operating performance, events, or developments that EnerSys expects or anticipates will occur in the future, including statements relating to sales growth, earnings or earnings per share growth, revenue growth, and market share, as well as statements expressing optimism or pessimism about future operating results or benefits from revenue growth, are forward-looking statements within the meaning of the Reform Act. The forward-looking statements are based on management's current views and assumptions regarding future events and operating performance, and are inherently subject to significant business, economic, and competitive uncertainties and contingencies and changes in circumstances, many of which are beyond the Company's control. The statements in this press release are made as of the date of this press release, even if subsequently made available by EnerSys on its website or otherwise. EnerSys does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.
Although EnerSys does not make forward-looking statements unless it believes it has a reasonable basis for doing so, EnerSys cannot guarantee their accuracy. The foregoing factors, among others, could cause actual results to differ materially from those described in these forward-looking statements. For a list of other factors which could affect EnerSys' results, including earnings estimates, see EnerSys' filings with the Securities and Exchange Commission, including "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations," including "Forward-Looking Statements," set forth in EnerSys' Quarterly Report on Form 10-Q for the period ended June 29, 2014. No undue reliance should be placed on any forward-looking statements.
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