http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.58Change: 0.17
R/$ = 10.95Change: 0.02
Au 1201.61 $/ozChange: 2.45
Pt 1226.50 $/ozChange: -3.50
 
 
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 Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Nov 07, 2011

Company Announcement: Hansen Transmissions South Africa on Industrial Gearbox Industry Trends

Back
Africa|CoAL|Gearboxes|Hansen|Hansen Industrial Transmissions|Hansen Transmissions|Hansen Transmissions South Africa|Industrial|Platinum|PROJECT|Projects|Water|Africa|Belgium|China|Richards Bay Coal Terminal|Energy|Industrial Gearbox Technology|Insufficient And Mining|Local Mining Industry|Local Subsidiary|Mining|Platinum Mining Sector|Products|Service|Solutions|Environmental|Fritz Fourie|Power|Water|Bearing|Industrial Gearbox Technology
Africa|CoAL|Gearboxes|Hansen|Hansen Transmissions|Industrial|Platinum|PROJECT|Projects|Water|Africa|||Energy|Mining|Products|Service|Solutions|Environmental|Power|Water|Bearing|
africa-company|coal|gearboxes|hansen-company|hansen-industrial-transmissions|hansen-transmissions-company|hansen-transmissions-south-africa|industrial|platinum|project|projects|water-company|africa|belgium|china|richards-bay-coal-terminal|energy|industrial-gearbox-technology|insufficient-and-mining|local-mining-industry|local-subsidiary|mining|platinum-mining-sector|products|service|solutions|environmental|fritz-fourie|power|water|bearing|industrial-gearbox-technology-technology
Download PDF
Hansen Transmissions South Africa (Pty) Ltd (0.72 MB)
 

Hansen Transmissions South Africa (Pty) Ltd (HTSA), local subsidiary of Belgium-based Hansen Industrial Transmissions nv, a global leader in industrial gearbox technology, is one of the fastest growing suppliers of large industrial drives to Southern African mining and industry.

When HTSA first entered the Southern African market in 1969 (then known as CE Hulquist), mining and other industry quickly recognised the company as a trusted partner with a remarkable reputation for superior quality, reliable products and exemplary service. HTSA cornered substantial market share and the company continued to build on the trust invested by local captains of industry, maintaining a stable market share for more than four decades. The success story continues, even through the 2009/10 global recession. In fact, in June 2010 HTSA supplied the 10 000th gearboxes to the local mining industry.

“We have, since 2006, and throughout the third quarter of 2008, shown remarkable annual growth in excess of 30%, largely driven by increased industry demand and high prices for commodities”, says Fritz Fourie, Managing Director HTSA.  “A rather sharp decline in demand became noticeable during the latter part of 2008 when credit constraints became severe.

Demand for commodities fell drastically, funding for new projects were insufficient and mining companies instituted a strict capital conservation strategy. Even major mining houses cut capital expenditure drastically, in some instances by as much as 40%, negating even the best efforts of governments to stimulate global economies. Most South African mining companies adopted a ‘wait and see’ policy, not canceling projects but rather putting them on hold with projects in the platinum mining sector bearing the brunt of the credit crunch. Projects were cut to the bone as platinum prices continued a downward spiral in 2009”, notes Fourie.

According to Fourie, mining and water treatment industries are the main local business sources for industrial gearbox suppliers, “although” says Fourie, “the water industry has been relatively quiet during the past 24 months. Anticipated growth has been rather disappointing, despite substantial government funding being made available to the water treatment industry. Popular opinion is that this is due to lack of capacity at local government level but with increased environmental and service delivery pressures being brought to bear on local government, I believe an upward trend in this sector is imminent”.

The coal mining sector remained quite active and stable throughout the economic saga with the drivers being expansion of existing and new mines to support the Medupi and Kusile power station projects and to meet expanded export capacity expected from Richards Bay Coal Terminal’s phase 5 expansion project. The large helical and bevel helical gearbox market, driven by coal mining projects as well as anticipated increase in commodities demand from China, thus showed recovery in the latter part of 2009. New mining projects normally have long lead times, but projects that were put on hold were activated rather earlier than expected to meet the upswing in international demands, according to Fourie.
 

As the geared motor market relies on the motor, food and beverage industries, this sector was therefore expected to be hardest hit”, adds Fourie.  HTSA is an integral part of the South African industrial landscape and the company’s ethic of quality and service remains unwavering. The Hansen Industrial Gearbox brand is one of the most respected in Africa and Fourie firmly believes that these are the qualities that successfully steered the company through the recent economic doldrums. HTSA celebrated 40 years of service to Southern African industry in 2010 and Fourie says that superior quality and locally assembled products, combined with exemplary service and a policy of strong customer relations management, have, and will, sustain the company through the many ups and downs of market trends.

“We have secured numerous large orders from collieries as well as the energy sector during 2010 and again in 2011 and we are optimistic that this is just the beginning. The positive signs for growth across all sectors are there. We are more than ready; as a subsidiary of Hansen Industrial Transmissions nv, we have access to world class R & D as well as cutting edge technology to ensure continued delivery of state-of-the art drive solutions to local mining and industry,” concludes Fourie.

Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Announcements News
•Q4 2014 predicted to be busiest quarter for tech IPOs since 2010 •Application software in biggest confidence boost – BDO predicts 22% YoY  growth in record breaking year •M&A deals on the rise, but growth held back by Alibaba – software M&As down  28% quarter on...
It is increasingly apparent to South African business that the future growth opportunity will be presented by Africa – the rapidly expanding economies of sub-Saharan Africa. Some South African firms are pioneers in their industries in expanding in Africa – for...
BDO South Africa has today announced the conclusion of its merger with R W Irish – Alliott Inc., which comes into effect as of 1 January 2015. RWI is a diverse team of seasoned business professionals providing a full suite of business support services, including...
More
 
 
Latest News
Industrialisation remains a major part of the South African developmental agenda and an important vehicle towards achieving the Department of Trade and Industry’s (DTI’s) target of creating 100 black industrialists in the next five years, Trade and Industry...
The construction of a new innovation hub in the heart of the Dube TradePort, in Durban, was set to kick off in March 2016, as Dube TradePort Corporation sealed a R160-million lease agreement with Eureka Capital. Eureka Capital planned to develop a seven-storey 21 500...
South Africa will become the first African country to host the Organisation for Economic Cooperation and Development’s (OECD’s) Steel Committee Conference when the committee’s seventy-seventh session takes place in Cape Town between December 11 and 12. The...
More
 
 
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
 
 
 
 
 
This Week's Magazine
JSE-listed real estate investment trust (REIT) Rebosis Property Fund achieved a distribution growth of 8.1% to 99.45c per linked unit in the financial year ended August 31, despite volatile market conditions.
JAMES ROBERTS The MOM incubator was designed to help babies in developing nations who were dying in conflict-struck nations or who do not receive hospital care
A low-cost, inflatable incubator won this year’s international James Dyson design award, which aims to encourage and inspire the next generation of design engineers.
The World Bank released its ‘Doing Business 2015: Going Beyond Efficiency’ report last month and ranked South Africa 43 out of 189 global economies for its ease of doing business, with Singapore topping the rankings.
Air Products South Africa officially launched its R300-million Eastern Cape air- separation unit (ASU), at its new manufacturing facility in the Coega Industrial Development Zone (IDZ), earlier this month. It is the second facility that Air Products launched in South...
BMW South Africa (SA) has signed a power purchasing agreement with energy company Bio2Watt. The offtake partnership will bring renewable energy to the carmaker’s Rosslyn plant, north of Pretoria.
 
 
 
 
 
 
 
 
 
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