©PA The idea of the undead fascinates people. An average of 20 zombie films are released every year. The idea of fracking for natural gas in the UK also gets attention every time it rises from the grave. Hordes of placard-wielding villagers chase the natural gas exploration companies away; they
Glencore is selling its coal haulage business in Australia’s Hunter Valley for A$1.14bn ($874m) to US railroad company Genesee & Wyoming as part of efforts to reduce its debt burden. With the sale of Glencore Rail, the Swiss group will be on the verge of meeting chief executive Ivan Glasenberg’s
Cemex has launched a new range of lightweight foamed concretes with a range of densities. Above: Porofoam 1500 filling a void for Getjar Called Porofoam, the new concrete can be produced premixed with a density of as little as 300kg/m3. The lowest density concrete previously available on the market was
18 April 2016 | Herpreet Kaur Grewal The first quarter of 2016 has witnessed the highest level of office take-up across the ‘Big Nine’ cities since 2008, according to Bilfinger GVA’s regional review of office occupier markets. This has amounted to 2.3 million square feet – 13 per cent above
Research Beam added a report “Global Wood Based Products Market Report: 2016 Edition Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis and forecast” Title: Global Wood Based Products Market Research Report 2016Research Beam added a report “Global Wood Based Products Market Report: 2016 Edition Size, Share, Trends, Segmentation, Growth, Technology,
A new project in Salford has taken the house-building pipeline of Legal & General’s new build-to-rent joint venture to nearly 800 new homes. Above: CGI of the latest Salford scheme This is more than a quarter of the way to the 3,000 homes that Legal & General Capital (LGC) and
©PA The idea of the undead fascinates people. An average of 20 zombie films are released every year. The idea of fracking for natural gas in the UK also gets attention every time it rises from the grave. Hordes of placard-wielding villagers chase the natural gas exploration companies away; they turn up in a different form elsewhere. The latest sighting has come near the Yorkshire village of Kirby Misperton. This case differs from that of other UK gas explorers, such as Cuadrilla. Third Energy has produced gas in the area for 20 years and applied last summer to stimulate a well using hydraulic fracking. Its fields, which have started to run out, produce fuel for its smallish (42MW) electricity generation plant. Water for fracking and any gas out would travel through already installed pipes, minimising disturbance. Its application was approved. Even so, locals shrieked at the possibility of ghastly frack trucks showing up elsewhere in the area. Other companies are also keen to find gas — not just relative minnows such as Cuadrilla but also the likes of Ineos, a privately owned UK chemicals group with $40bn in turnover. And the UK government likes the idea of energy independence, given that the British Geological Survey has estimated a total resource of more than 1,000tn cubic feet beneath Yorkshire and Lancashire. That is easily 10 times all the gas ever produced from the North Sea. Recovering even a tiny fraction of this resource could make a difference. But not at any price. Spot gas prices, at about 30p per therm, already trade below estimates of what it would cost to produce shale gas from UK fields. IGas, which also had been exploring in old coal seams, has now decided not to bother. It will, however, continue with shale gas for the time being. Meanwhile, US gas output rises every year and storage there is nearly full. Exports are on their way to Britain. Centrica is one of the importers. Yet the cult following still believes that fracking in the UK could be profitable. Investors should allow market forces to finally kill it off. This article has been amended to reflect that IGas has not stopped its shale gas activities Email the Lex team at lex@ft.com Letter in response to this column: Shale gas will boost UK energy security / From Ken Cronin Copyright The Financial Times Limited 2016. You may share using our article tools. Please don’t cut articles from FT.com and redistribute by email or post to the web. Source link
Glencore is selling its coal haulage business in Australia’s Hunter Valley for A$1.14bn ($874m) to US railroad company Genesee & Wyoming as part of efforts to reduce its debt burden. With the sale of Glencore Rail, the Swiss group will be on the verge of meeting chief executive Ivan Glasenberg’s target of US$5bn in assets sales in 2016. The mining and commodity trader said on Thursday that upon completion of the deal, which is subject to approval by Australia’s foreign investment regulator, Genesee & Wyoming Australia would service most of Glencore’s coal haulage needs in the Hunter Valley via a 20-year contract. Glencore has already agreed $3.9bn of asset sales this year, including the sale of a 49 per cent stake in its agricultural arm. Shares in Glencore have risen around 13 per cent this month — one of the best performers on the FTSE 100 — as commodity prices have rallied and the company has made progress with its debt reduction plan. GWA beat out competition from Australia’s Aurizon and Pacific National, both of which already run large coal haulage businesses in the Hunter Valley, one of the country’s biggest coal-producing regions. Its entry into the Hunter Valley adds a new competitor in the coal haulage market as Glencore previously did not ship other companies’ coal via its GRail business. Peter Freyberg, head of Glencore’s coal assets, said the company looked forward to a constructive working relationship with GWA. “We established GRail in 2010 and have steadily grown it to become the third-largest coal haulage business in the country,” said Mr Freyberg. “It has played a very important role in reducing costs and improving the overall efficiency of Australia’s largest coal chain in the Hunter Valley.” Glencore said in March that it was aiming for up to US$5bn in asset disposals this year as part of its debt reduction plan, launched last year in response to a slump in its share price linked to collapse in commodities prices. The sale of GRail, Glencore’s agricultural business, and silver and gold output brings the total to US$4.7bn. Glencore is aiming to reduce net debt to $16.5bn-$17.5bn by the end of the year. As of end-June, net debt stood at $23.6bn. GRail currently hauls about 40m tonnes per year of coal production from Glencore’s mines in the Hunter Valley to the Port of Newcastle. Sample the FT’s top stories for a week You select the topic, we deliver the news. Source link
Cemex has launched a new range of lightweight foamed concretes with a range of densities. Above: Porofoam 1500 filling a void for Getjar Called Porofoam, the new concrete can be produced premixed with a density of as little as 300kg/m3. The lowest density concrete previously available on the market was 800kg/m3, Cemex says. The Porofoam range is specifically designed for void fill, stabilisation and other lightweight applications. It can be designed with a density from 300 to 1800kg/m3 and compressive strengths up to 15N/mm2. The mix is specifically designed for each project. One of the first applications, on behalf of Getjar Ltd, involved the supply of Porofoam 1500 to a site in central London with limited access. The high consistence, free flowing properties of Porofoam made for easy placement with no compaction required. Two other Porofoam contracts have also taken place: one in Hereford on behalf of Peter Duffy Ltd involving Porofoam 1000 where the product ‘exceeded the customers’ expectations’; and one in Ashton-under-Lyne in a tunnel infill. In the latter Murphy Group needed a low density product suitable for mass void fill while undertaking a bridge replacement scheme. Working on behalf of Network Rail, Murphy bricked up two spans of the bridge to create a chamber underneath, which was to be filled through holes on the bridge deck. This enabled demolition of part of the bridge, without taking lengthy possessions of the railway line. For this project Cemex delivered around 2,000m3 of pre-mixed Porofoam over a two-week period. This article was published on 19 Oct 2016 (last updated on 19 Oct 2016). Source link
18 April 2016 | Herpreet Kaur Grewal The first quarter of 2016 has witnessed the highest level of office take-up across the ‘Big Nine’ cities since 2008, according to Bilfinger GVA’s regional review of office occupier markets. This has amounted to 2.3 million square feet – 13 per cent above the five-year quarterly average. It continues the strong occupational story of the past two years. Q1 figures are characterised by a significant number of larger deals – six over 50,000 sq ft, with Morgan Stanley’s 155,000 sq ft pre-let in Glasgow standing out. And the construction market is responding to this demand, with the latest wave of activity initiated by Paradise and 3 Snowhill in Birmingham, and 122 Waterloo Street in Glasgow, according to the report. The ‘Big Nine’ are Bristol, Cardiff, Birmingham, Liverpool, Manchester, Leeds, Newcastle upon-Tyne, Edinburgh and Glasgow. Source link
Research Beam added a report “Global Wood Based Products Market Report: 2016 Edition Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis and forecast” Title: Global Wood Based Products Market Research Report 2016Research Beam added a report “Global Wood Based Products Market Report: 2016 Edition Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis and forecast”Description:About the Wood Based Products Market Notes:Production, means the output of Wood Based ProductsRevenue, means the sales value of Wood Based Products This report studies Wood Based Products in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Columbia Forest Products UPM Boise Cascade Coastal Plywood Swanson Group Ausply Austral Plywoods Centuryply National Plywood Swastik Plyboard Limited Hebei Tongli Wood OSR GROUP Caledonian Plywood Roseburg Forest Products Co Read more at: http://www.researchbeam.com/global-wood-based-products-research-report-2016-market Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Wood Based Products in these regions, from 2011 to 2021 (forecast), like North America Europe China Japan Southeast Asia India Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided intoSplit by application, this report focuses on consumption, market share and growth rate of Wood Based Products in each application, can be divided into Application 1 Application 2 Application 3 Request report sample @ http://www.researchbeam.com/global-wood-based-products-research-report-2016-market/request-sample Table of Contents1 Wood Based Products Market Overview1.1 Product Overview and Scope of Wood Based Products1.2 Wood Based Products Segment by Type1.3 Wood Based Products Segment by Application1.4 Wood Based Products Market by Region1.5 Global Market Size (Value) of Wood Based Products (2011-2021)2 Global Wood Based Products Market Competition by Manufacturers2.1 Global Wood Based Products Capacity, Production and Share by Manufacturers (2015 and 2016)2.2 Global Wood Based Products Revenue and Share by Manufacturers (2015 and 2016)2.3 Global Wood Based Products Average Price by Manufacturers (2015 and 2016)2.4 Manufacturers Wood Based Products Manufacturing Base Distribution, Sales Area and Product Type2.5 Wood Based Products Market Competitive Situation and Trends3 Global Wood Based Products Capacity, Production, Revenue (Value) by Region (2011-2016)4 Global Wood Based Products Supply (Production), Consumption, Export, Import by Regions (2011-2016)5 Global Wood Based Products Production, Revenue (Value), Price Trend by Type6 Global Wood Based Products Market Analysis by Application7 Global Wood Based Products Manufacturers Profiles/Analysis8 Wood Based Products Manufacturing Cost Analysis9 Industrial Chain, Sourcing Strategy and Downstream Buyers10 Research Findings and ConclusionSimilar Reports:Global Wood Based Products Sales Market Report 2016Notes: Sales, means the sales volume of Wood Based Products Revenue, means the sales value of Wood Based Products This report studies sales (consumption) of Wood Based Products in Global market, especially in USA, China, Europe, Japan, India and Southeast Asia, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regionsUnited States Wood Based Products Market Report 2016Notes: Sales, means the sales volume of Wood Based Products Revenue, means the sales value of Wood Based Products This report studies sales (consumption) of Wood Based Products in United States market, focuses on the top players, with sales, price, revenue and market share for each playerGlobal Wood Based Products Market Outlook 2016-2021Gens report, Global Wood Based Products Market Outlook 2016-2021 provides detailed market and segment level data on the Global and Chinese consumption of Wood Based Products.About Us:With the arsenal of different search reports, Research Beam helps you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency. With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market that can suit your needs and help you take decision accordingly.Contact Us:5933 NE Win Sivers Drive,#205, Portland, OR 97220United StatesU.S. & Canada Toll Free: + 1-800-910-6452International: + 1-503-894-6022UK: + 44-845-528-1300India: +91 20 66346070Fax : +1 (855) 550-5975Email: help@researchbeam.comWeb: http://www.researchbeam.com/ Source link
A new project in Salford has taken the house-building pipeline of Legal & General’s new build-to-rent joint venture to nearly 800 new homes. Above: CGI of the latest Salford scheme This is more than a quarter of the way to the 3,000 homes that Legal & General Capital (LGC) and Dutch pension fund manager PGGM are together aiming to develop for the UK private rented sector (PRS). They have so far committed £250m of the £600m they have earmarked for disrupting PRS. LGC and PGGM have bought a further site in Salford from developer English Cities Fund (ECf). This is the partnership’s second acquisition in Salford, with further schemes in Bristol and Walthamstow, London. The new Salford site is next to the existing New Bailey build-to-rent scheme and being developed by ECf. It has full planning consent for 135 units over 15 storeys, providing a total of 225 new homes that will be managed by LGIM Real Assets, another Legal & General company. Construction is due to begin in April 2016, with practical completion to be delivered in March 2018. Devised and designed by the ECf, which is a joint venture between Muse Developments, Legal & General and the Homes & Communities Agency, New Bailey is a major regeneration scheme. LGIM Real Assets head Bill Hughes said: “With long term ownership at the heart of our designs, we will ensure that lifecycle costs, maintenance and management of these homes is considered right from the outset of our land acquisition process so that we can pass on a high quality service and good value costs to our residents. Successful international comparisons, such as the Netherlands, Germany and US, demonstrate to us that the UK has a long way to go and we believe that through professionalising the private rental sector we are able to encourage better standards across the board.” ECf development director Phil Mayall said: “The investment from LGC and PGGM is further testament to the momentum that is building on site as the scheme progresses at a pace. The two build-to-rent developments are the first of their kind to achieve institutional investment in Manchester, which means that real progress is now being made to bring both schemes forward. The progress that is taking place on the wider New Bailey development and the surrounding infrastructure is also extremely positive for the area.” This article was published on 15 Apr 2016 (last updated on 15 Apr 2016). Source link
