http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.14Change: -0.15
R/$ = 12.05Change: -0.20
Au 1200.03 $/ozChange: -6.12
Pt 1139.50 $/ozChange: -16.00
 
 
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  
 
 
Jan 15, 2010

Merger aims to spur growth

Back
Uretech MD George Hoffman and operations director Robert Martin dicuss the effects of the global economic recession and the new Insulcovers. 15.01.2010 Cameraperson: Nicholas Boyd. Editing: Darlene Creamer.
 
 
 
Engineering|Africa|Design|Industrial|Mining|Pipes|Resources|Training|Africa|Manufacturing|Pipes|Product|Products|Solutions|Steel|Operations
Engineering|Africa|Design|Industrial|Mining|Pipes|Resources|Training|Africa|Manufacturing|Pipes|Products|Solutions|Steel|Operations
engineering|africa-company|design|industrial|mining|pipes|resources|training|africa|manufacturing|pipes-industry-term|product|products|solutions|steel|operations
© Reuse this



Polyurethane products manufacturer Uretech merged with high-temperature 
solution specialists Insulcon and metal engineering company Dot Steel late last year.

While many companies continue to feel the strain of the global financial downturn, which includes declining sales and 
reducing the labour force, this merger is aimed at growth for the amalgamated company that now trades under the Uretech banner.

“The merger was driven primarily with the aim of expanding the company and not to save on costs. 
“The staff at Uretech are undergoing training aimed at achieving targets, such as sales goals, targets that, before the merger, would have had to be set three times to suit each com-
pany,” Uretech MD George Hoff-mann tells Engineering News.

Uretech operations director Robert Martin, formerly the MD of Insulcon, explains that the 
administration workload has been reduced, budgets are streamlined and suppliers and customers now have a single point of contact.

All three companies shared installation and manufacturing resources before the merger, but had separate sales forces, which, at times, resulted in different sales people contacting the same customer. The new structure 
allows Uretech to have one fully trained representative offering the customer its complete range of products and solutions.

The company reports that over the next two to three years the roles of the directors of the company may be redefined. Hoffmann is responsible for the management of catalogue sales in South Africa, Martin will manage the operational aspects and Brent Loftus, the former MD of Dot Steel, will focus on exports.

Hoffmann reports that Uretech is planning to expand its business into Africa, particularly in the mining industry.

Meanwhile, Martin says that 
Uretech is preparing itself for the upturn in the global market and, although this cannot be forecast, the company is ready not only to maintain its existing customer base, but also to expand on this base.

The global financial difficulties have 
impacted heavily on the metal, chrome and steel manufacturing sectors. 
Uretech has felt the effects of this impact through its customer sales and contracts that have been put on hold, but says that there have been improvements in these sectors over the past few months. 
The volatility of these commodity markets and the pressure this places on its 
customers are among the challenges that 
the company faces.

Meanwhile, a positive factor for the company during the financial difficulties has been the stability of the sales of Uretech products that the company offers and the introduction of new products into the market.

The company has launched Insulcovers, a new, patented design lagging and cladding product. 
The textile-based covers are intended to replace traditional mineral-wool-based lagging and cladding methods.
The product does not degrade in harsh conditions, is acid and ultraviolet resistant, lightweight and quick to install and replace, which reduces down time and saves on the cost of hiring scaffolding for the replacement. 
The covers can also be customised to fit any industrial application, pipeline, tank, valve or pump.

All the covers are manufactured in South Africa, can be used in conditions with subzero temperatures and are installed on the pipes in sections so that specific parts can be removed for inspection instead of having to remove the entire cover, incurring extra costs to replace it.

Edited by: Brindaveni Naidoo
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Pipes, Tubes and Hoses News
RICHARD INGLETT AND MOHAMED TRABELSI The transparent operational slurry pump loop model shows the inside working and dynamics of the slurry pumping system
To provide mine and general industry technical staff with the opportunity to view the inside working and dynamics of a slurry pumping system, pumps manufacturer KSB Pumps and Valves has produced and showcased a fully transparent operational slurry pump loop model....
BOARD OF DIRECTORS Jan Venter, Hein Momberg, Toney Dean, Gerhard Kotzee and Ronnie Krüger
In October, industry body the Southern African Plastic Pipe Manufacturers Association (Sappma) announced changes to its board of directors as well as the winners of its 2014 Merit Awards. The announcement was made during Sappma’s tenth annual general meeting (AGM),...
INDUSTRY ORIENTATED The Southern African Plastic Pipe Manufacturers Association’s conferences are tailored for consulting engineers, specifiers, installers and contractors
Following the successful running of the Pipes VIII conference, hosted by industry body the Southern African Plastic Pipe Manufacturers Association (Sappma) at the Bytes Conference Centre in Midrand, in September last year, the association has started planning its...
More
 
 
Latest News
The government of St Helena (SHG) and its Department for International Development (DFID) on Friday appointed airline Comair as the provider of air services to St Helena with the Island’s first airport opening in 2016. Comair would offer a weekly Saturday service,...
The Department of Communications (DoC) digital terrestrial television (DTT) project team was accelerating its efforts to “revive” South Africa’s long anticipated transition from analogue to digital broadcasting. After a more than six-year delay, the next few weeks...
Paul-Roux de Kock
Residential property prices are forecast to grow at 7.2% this year, on the back of 6.72% growth in 2014.
More
 
 
Recent Research Reports
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.
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...
 
 
 
 
 
This Week's Magazine
Projected capital expenditure (capex) in the South African automotive assembly industry should reach a record R7.48-billion this year, says the National Association of Automobile Manufacturers of South Africa (Naamsa) in its 2014 fourth quarter business review. Capex...
After several years of navigating project-threatening red tape and currency fluctuations, the 4.4 MW Bronkhorstspruit biogas power plant, which will supply clean energy to a leading automotive manufacturer in Gauteng, is expected to enter production before June....
RESOURCEFUL The raw material for the pilot plant would be supplied from the dissolving wood pulp plants at Sappi’s Saiccor and Ngodwana mills, in South Africa, and the Cloquet mill, in the US
South African paper and pulp producer Sappi reported earlier this month that it would build a pilot plant for the production of low-cost Cellulose NanoFibrils, or CNF (nanocellulose) at the Brightlands Chemelot Campus in Sittard-Geleen in the Netherlands.
The long-term outlook for Nigeria is a country that has the potential to be very strong. So affirmed International Monetary Fund (IMF) Nigeria Mission Chief and Senior Resident Representative Dr Gene Leon on recently. "But we are starting from a point of huge...
Poor infrastructure planning and inadequate maintenance are becoming increasingly problematic for new developments and the associated infrastructure required to support such developments. In many urban and rural municipalities, the state of infrastructure has been...
 
 
 
 
 
 
 
 
 
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