http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.69Change: -0.05
R/$ = 12.32Change: -0.01
Au 1168.78 $/ozChange: -0.02
Pt 1083.00 $/ozChange: 1.00
 
 
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|Gas|India|Instrumentation|Mining|Resources|Storage|Water|Africa|Americas|Asia|Europe|China|Democratic Republic Of Congo|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|Gas|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|gas|india|instrumentation-company|mining|resources|storage|water-company|africa|americas|asia|europe|china|democratic-republic-of-congo|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
Creamer Media Senior Deputy Editor
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Instrumentation News
QUICK RESPONSE Fire fighters from Eden district municipality combat the fire that broke out in March at Ladismith Cheese
Factory automation services provider Automation Works last month successfully completed the installation and recommissioning of equipment and electrical wiring at Western Cape dairy factory Ladismith Cheese. Automation Works owner Wynand Kotze tells Engineering News...
SEALING SOLUTION The LM block guide rail systems with the laminated contact scraper (laCS) system and sealing arrangement prevent potential seizures and failure
Motion-control solutions specialist DC Auto-Motion aims to increase local market awareness for the Japan-based THK linear-motion (LM) product range this year, emphasising the range’s suitability in welding and cutting machine applications. DC Auto-Motion started...
More
 
 
Latest News
An end to wage negotiations within the local government sector could be in sight as a conciliator’s proposal, setting out a number of settlement suggestions to resolve the deadlock, was expected on Monday. The Independent Municipal and Allied Trade Union (Imatu)...
Development financier Eastern Cape Development Corporation (ECDC) executive Noludwe Ncokazi on Friday said the organisation had the “huge responsibility of ensuring business continuity”, following the resignation of ECDC subsidiary Automotive Industry Development...
South Africa’s second-largest oil refinery, Engen Refinery (Enref), is set to undergo a three-day planned maintenance outage from July 9 as part of an ongoing maintenance programme to ensure that the facility, which delivers a significant portion of South Africa’s...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
NHLANHLA NENE The main constraints to economic growth are domestic
Finance Minister Nhlanhla Nene earlier this month stated that, while South Africa’s 2015 economic growth target of 2% was achievable, it was not enough to deliver the tax revenue needed to combat the country’s challenges.
The World Steel Association has published the 2015 edition of the World Steel in Figures report, which shows an increase in steel production as well as provides an overview of steel industry activities from crude steel production to apparent steel use.
The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to...
SOLAR PANELS The existing buildings in the Coega Industrial Development Zone lent themselves well to rooftop solar panel installations
The Coega Development Corporation (CDC) plans to fit 15 of its buildings, totalling 127 000 m2 of roof space, in the Coega Industrial Development Zone (IDZ), in the Eastern Cape, with solar panels.
The Supreme Court of Appeal’s (SCA’s) November 2014 judgment, ordering steel producer ArcelorMittal South Africa (AMSA) to hand over the 2003 Environmental Master Plan for its Vanderbijlpark steel plant to environmental pressure groups, confirmed the right of civil...
 
 
 
 
 
 
 
 
 
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