Nov 07, 2011
Company Announcement: Hansen Transmissions South Africa on Industrial Gearbox Industry TrendsBack
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.
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.
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
Biobuild is a collaborative project part-funded by the European Commission. It has 13 partners from seven European countries. The aim of the project was to investigate the use of biocomposite materials to reduce the embodied energy in building components such as...
The South African Academy of Engineering will present an open lecture by Dr Steve Lennon, “Opportunities for South Africa’s Electricity Power Sector” on the following two dates: • Johannesburg: Monday 16 March 2015 at 17h30 for 18h00 in the Kingfisher Room at the...
Air Products South Africa, sponsor of the South African Institute of Welding’s Young Welder of the Year, sees the competition as another opportunity to further its aim of investing in the youth of this country. The company’s corporate social investment strategy has...
Recent Research Reports
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.
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.
This Week's Magazine
Updated 2 hours 15 minutes ago National flag carrier South African Airways (SAA) is in an advanced stage of renegotiating its deal with European airliner manufacturer Airbus to acquire A320 single-aisle (or narrow body) aircraft. The aim is to replace ten of the aircraft still on order with five...
Updated 2 hours 16 minutes ago Worldwide, the main thrust in the ports industry over the past decade or more has been to increase efficiency. Traditionally, ports have been run by engineers and mariners and, in the past, increasing a port’s capacity was achieved by expanding the harbour. “That has...
Updated 2 hours 16 minutes ago What do you do when an elephant has a toothache? You call Dr Gerhard Steenkamp from the University of Pretoria’s (UP’s) faculty of veterinary science, Onderstepoort, one of only two elephant ‘dentists’ in the world.
Updated 2 hours 16 minutes ago The 2015 Sanlam/Business Partners Entrepreneur of the Year (EOY) competition was launched earlier this month in Johannesburg, with the main focus on creating and inspiring entrepreneurs to create jobs and boost the economy.
Updated 2 hours 16 minutes ago In a recent letter to the editor that I sent to Engineering News (Concerns regarding South African portion of Square Kilometre Array) and in a follow-up article elaborating further (We must start preparations to build our own synchrotron light source), I stated my...