http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.42Change: 0.07
R/$ = 11.99Change: 0.07
Au 1193.45 $/ozChange: 4.03
Pt 1145.50 $/ozChange: -5.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Sep 07, 2012

CEO of global instrumentation group sees signs of life amid gloom

Back
Endress+Hauser CEO Klaus Endress discusses the group's growth prospects. Camerawork: Nicholas Boyd. Editing: Darlene Creamer.
 
 
 
Engineering|Africa|Endress+Hauser|Export|Instrumentation|Mining|Resources|Storage|Water|Africa|Americas|Asia|Europe|China|Democratic Republic Of Congo|India|Korea|Nigeria|South Africa|Tanzania|United States|Zambia|Equipment|Gross Domestic Product|Maintenance|Oil And Gas|Oil And Gas Industries|Product|Products|Services|Klaus Endress|Rob MacKenzie|Water|Latin America|Middle East|South Africa
Engineering|Africa|Export|Instrumentation|Mining|Resources|Storage|Water|Africa||Democratic Republic Of Congo|Tanzania|Zambia|Equipment|Maintenance|Oil And Gas|Products|Services|Water|
engineering|africa-company|endresshauser|export|instrumentation-company|mining|resources|storage|water-company|africa|americas|asia|europe|china|democratic-republic-of-congo|india|korea|nigeria|south-africa|tanzania|united-states|zambia|equipment|gross-domestic-product|maintenance|oil-and-gas|oil-and-gas-industries|product|products|services|klaus-endress|rob-mackenzie|water|latin-america-region|middle-east|south-africa-region
© Reuse this



Global instrumentation and automation group Endress+Hauser CEO Klaus Endress believes that, despite the continuing global economic and political turmoil, the group will continue to be successful and grow.

On a visit to South Africa last month, Endress told Engineering News that the group is targeting growth of 8% this year.

“We are pretty well on the way to reaching this target. We are currently less than 1% below that, so it is feasible and I am very positive we will reach this target,” he commented.

He highlighted that, while this year had started off slowly, business was picking up and improving.


Endress noted that, while many saw Europe as a saturated market, the weak euro and strong industry benefited the group. As most of Europe’s industries were export-orientated and supplying products to other developing markets, Endress+Hauser was experiencing growth in demand for its products.

To date this year, the company has seen growth slightly above what it had targeted in Europe. In the Americas, the group was seeing double-digit growth for the third consecutive year. In Latin America, the growth potential was good, but political instability was a challenge.

The oil and gas industries in the Middle East were also driving good growth for the group in that region.

Further, the growth prospects in Asia were mixed, with demand in India developing nicely and Korea showing strong growth.

However, while China’s gross domestic product continued to increase, growth in instrumentation and automation industry was decreasing, noted Endress.

Meanwhile, the Australian and African markets were also profitable, with the group recording double-digit growth in these regions so far this year.

Endress noted that the mining industry in Africa was providing good growth for the group.

“[Africa] is a sleeping part of the world. [Things] are not moving fast, but the potential is big and untapped,” he commented.

Endress+Hauser South Africa MD Rob MacKenzie added that the group’s South African subsidiary was seeing good growth from the mining industry in the rest of Africa, particularly in Zambia, the Democratic Republic of Congo and Tanzania, where mining was performing well.

It was also seeing strong growth in the food and water industries in both South Africa and the rest of Africa.

The group had a record year in supplying the water sector with products and services, particularly analytics services and equipment, given that people seemed to be becoming more concerned with the quality of their water, stated MacKenzie.

Further, Endress noted that the floating production, storage and offloading sector in Africa required a lot of measuring equipment. This is a growing sector, particularly in Nigeria.

He stated that the group had a good installed base for this sector, adding that the group was considering establishing a company in Africa to support the sector in future.


Meanwhile, Endress expects the growing global population to contribute to growing demand for Endress+Hauser’s products and services.

As the population grows, demand for resources increases, which, in turn, requires industries to work more efficiently to find and use these resources. He believes the group will play a key role in helping its clients improve their efficiency.

Therefore, he expects the group’s automation business to achieve average growth rates of 5% a year going forward.

To ensure the company continues to grow amid an uncertain economic climate, it is focused on giving the markets and its customers what they need and what they want.

The group will continue to increase its services to markets and its customers, improve the support it provides its customers, and provide the products, processes and technologies its customers want.

Endress stated that nano- and biotechnology would play an important role in all industries in future.


Meanwhile, he also expected the group to exceed its target of investing €140-million in the business this year.

The investment included the acquisition of US-based SpectraSensor, which has enabled Endress+Hauser to enter the gas analysis market.

Endress noted that SpectraSensor’s tunable diode laser spectroscopy instrumentation was robust and required limited maintenance.

Edited by: Martin Zhuwakinyu
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Instrumentation News
RUSSELL SCHWULST South African industry will have to maintain its pace with changes to remain competitive in the ever-globalising world
The expected changes influencing manufacturing and industry over the next twenty-five years, including digitisation, hyper-connectivity, automation and integration, will require that many factories become centres of learning, says German industrial systems education...
SAFETY CONTROL SOLUTIONSThe C300 process controller is used to tap oil and gas reserves in Vietnam
Automation control specialist Honeywell Process Solutions (HPS), which serves industrial process manufacturers worldwide, announced in March that it had been selected by oil and gas explorer and producer Hoang Long Joint Operating Company (HLJOC) to handle critical...
BEZ SANGARI Rich-media environments and content provide significant benefits for all subjects and improve learning and retention
Electronic and digital education tools, including interactive whiteboards and student-response systems, are empowering teachers to spend significantly more time preparing lessons, work on identified difficult topics and help students who struggle. Various...
More
 
 
Latest News
Western Cape Minister of Economic Opportunities Alan Winde
Updated 4 hours ago The new systems showcased by the Western Cape Department of Agriculture on Tuesday were expected to provide a gateway for industry and policy-makers in the Western Cape to the latest intelligence from the sector and served as an important decision-making tool. The...
Updated 5 hours ago JSE-listed Quantum Foods expects that its earnings per share (EPS) for the six months to March 31 will increase between 556% and 576% in relation to the previous corresponding period, lifting its forecast for the period. The company reported on Tuesday that this...
Updated 5 hours ago Acknowledging the shortage of access points to connect renewable-energy projects developed under government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) to the national grid, Eskom system operator Bernard Magoro on Wednesday...
More
 
 
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
 
 
 
 
 
This Week's Magazine
Mercedes-Benz will launch ten plug-in hybrid models by 2017, says the German automaker’s parent company, Daimler. Following the launch of the S 500 plug-in hybrid, March saw the introduction of the C 350 e, the second model to feature the drive-train concept. Under...
Energy Minister Tina Joemat-Pettersson's recent unveiling of something of a road map for an upscaled and accelerated deployment of independent power producer (IPP) capacity has been widely welcomed. Besides plans to accelerate and expand the hitherto successful...
South African Airways (SAA) acting CEO Nico Bezuidenhout has firmly denied reports that a stake in the airline was going to be sold to Air China. “Categorically, SAA is not in any talks with any airline to sell itself at the moment,” he stated at a media briefing at...
Russian State-owned nuclear group Rosatom has confirmed that it is in talks with Nigeria about the construction of nuclear power plants (NPPs) in that country, but has denied that any agreement has been signed. This follows a recent report in the Nigerian media that...
HANDIGAS LPG LPG users can order products at the Afrox website or through the Afrox call centre and receive next-day delivery
Gas products and services company Afrox has launched a pilot programme to deliver its range of Handigas liquefied petroleum gas (LPG) to domestic consumers to fill a gap in the market, thereby expanding its direct contact with end-users.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96