While stagnation, debt crisis, an aging society, and engineering shortages in Europe are creating structural problems, emerging Asia will recover more quickly to become the largest PLC market from 2016 onwards. The current problems are mostly of a cyclical nature, and long-term indicators point nowhere but up. Still, the times of prolonged double-digit growth will not return.
This development is being driven by demand in China and the emerging Asian market, which will continue to grow at above average rates. In addition to Japan; China, Korea, and Taiwan have now established themselves as part of the global machinery market. These markets will also shift towards more high-end automation in the forecast period, developing more sophisticated machinery for export.
“Manufacturing Renaissance, Industry 4.0, and re-shoring are trends that describe the future return of manufacturing in developed markets. However, future development will prove whether this is wishful thinking or if manufacturing and automation will re-emerge in developed nations,” according to Analyst Florian Güldner, the principal author of ARC’s “PLC and PLC-based PAC Global Market Research Study”
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State oil giant Saudi Aramco plans to build a new gas plant at al-Fadhili oilfield, which will have a processing capacity of 1 billion standard cubic feet per day of sour gas, three industry sources said. Aramco has stepped up its search for gas to boost production that will help meet rising domestic fuel demand. It completed in 2012 the Karan gas project, the kingdom's first gas field to be developed which was not associated with an oil field.
Twelve new companies have joined the Rockwell Automation PartnerNetwork program, including new OEM Partner companies, Solution Partner companies, and Encompass third-party product referencing companies. The products and services provided by these leading organizations enhance Rockwell Automation solutions and provide global manufacturers access to a world-class network. This helps customers simplify their supply chain, innovate their project design, and collaborate in multiple facets to receive the best value for their automation investment.
Ideal for use in machine manufacturing industries such as semi-conductor manufacture, Advantech’s Industrial Automation Group has launched an exciting new range of Web operator panels. These newly designed models, withflat panel IP66 certified aluminum edging, include the latest Intel Cortex-A8 processor which is not only faster but also consumes the minimum amount of power and also support for CANopen, Modbus and Ethernet protocols to ensure that they’ll connect to your existing network.
KBR has announced that it has been selected by Togliattiazot Corporation (ToAZ) to perform revamp studies for seven ammonia plants located in Togliatti, Russia. The ToAZ revamp project will be one of the largest upgrade of an ammonia complex with the seven plants located at the same site.
Iran is planning to build a gas refinery on the southern Persian Gulf island of Qeshm in the near future, an energy official announced on Sunday.
Daelim has announced recently that it won a USD 825 million (KRW 944.9 billion) ammonia production plant construction project ordered by Saudi Arabia’s Ma’aden together with its local subsidiary, Daelim Saudi Arabia. This project involves building a large-scale petrochemical plant that can produce 3,300 tons of ammonia a day using natural gas as raw material.