Rheem Has Set the Motion Expect Others to Follow
August 29, 2007
Rheem Australia to launch range of air conditioners | www.current.com.au
HVAC is a very healthy industry, it always grows, and does not greatly depend on real estate market. In general HVAC still grows when economy slows down, but the rate of the growth is lower.
The fact of Johnson Controls/York International gains a new distributor is not surprising
July 6, 2007
Johnson Controls Announces Distribution Agreement With US Airconditioning Distributors | biz.yahoo.com
There are four major OEMs in residential HVAC: Carrier, Trane, Lennox, and Goodman. The first "big three" produce mose advanced and most expensive type of equipment. HVAC equipment manufactured byt York International is on the lower side costwise, but in the near future could offer a lot of innovation due to the infusion of knowledge of JCI into the design and manufacturing,
June 28, 2007
Still Waiting: The Single-Family Recovery | www.cement.org
The Portland Cement Association (PCA) has recently published a new article with a pessimistic view of the housing situation. It is becoming more likely that 2007 and 2008 construction activity is going to suffer despite relative strength in non residential and public works construction. Construction materials demand is likely to register more substantial declines than previously forecast, and price increases will likely meet greater resistance as demand falls, further suggesting that the construction materials sector has entered a cyclical downturn.
A Steeper Slump in Cement Consumption in 2007
June 20, 2007
Recent Data Suggests Spring Forecast Optimistic | www.cement.org
The Portland Cement Association (PCA) is now suggesting a dimmer outlook for construction activity and cement consumption than previously forecast. Cement demand in 2007 had been forecast by the PCA to decline only 1.5%, but is now suggesting a drop of 3%-4% as the more likely scenario. Could this be the beginning of even further downward revisions in the outlook for construction materials demand in 2007? And, perhaps more importantly, how will pricing hold up in the face of declining demand?
USG Corp Actions Are Not Guided by New Home Sales.
May 25, 2007
USG to Cut 500 Jobs Due to Housing Slump | biz.yahoo.com
1. US Economy is not in recession 2. Housing market is improving 3. Other US companies that provide residential construction industry with equipment and materials, report record profit. 4. Actions of USG Corp are irrelevant to the residential housing market.
USG Sees the Future Both Near and Far Term
May 23, 2007
USG to Cut 500 Jobs Due to Housing Slump | biz.yahoo.com
USG is cutting labor. What else are they doing that the rest of the industry will be following?
Questionable Timing of US Construction Materials Acquisitions
May 21, 2007
Florida Rock Industries, Inc Announces Second Quarter Results | online.wsj.com
It isn’t clear the extent to which the housing slump was factored into the assessments of the recent pending transactions involving construction materials companies. It is clear, however, that the industry is experiencing significant declines in sales volumes from the housing downturn.
Global Construction Materials Consolidation Continues
May 21, 2007
HeidelbergCement to buy Hanson for $15.8 billion | www.marketwatch.com
The recent announcement that HeidelbergCement AG of Germany has agreed to buy Hanson PLC of the UK further demonstrates the acceleration of the consolidation process in the construction materials sector. Furthermore, this deal, valued at $15.8 billion, continues the trend toward mega deals involving players with significant constructions aggregates operations.
What's Next in Construction Materials Industry Consolidation?
April 27, 2007
Rinker Backs New Cemex Bid | online.wsj.com
Now that the Cemex-Rinker deal appears headed for completion with the increased bid by Cemex, it leads one to ponder the future of the consolidation process in the construction materials industry.
There is reason to believe that the consolidation process will remain active, but there could be some impact from the slower construction environment.
Need for New Technologies Arises
April 20, 2007
Supreme Court Rulings Change the U.S. Energy Game | www.renewableenergyaccess.com
The new ruling will require power companies completely re-look at the operation of the power plants, because it becomes more and more difficult to address all of the issues relevant to the combustion of coal
Since coal is the least expensive fuel, its usage is going to continue.
The need in applying new technologies relevant to emissions derived from the combustion of coal will lead to the application of new technologies relevant to the removal of the formed ash, that changes its physical and chemical qualities due to the changes in the combustion process, and as a result a need in applying new technologies in environmental or post combustion part, will present itself, because after removing the ash deposits from the heat transfer surfaces, new method of catching the solid particles will be needed.
All of the above suggests that new techniques and technologies in combustion of coal, treatment of ash deposits, physical size reduction, air cleaning by environmental equipment, such as electrical precipitators, baghouses, will be in demand
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012
It's too early in the game to write off Shtokman
December 8, 2011