By ChinaFastener.com| 2016-10-20 00:00:00
By ChinaFastener.com| 2016-10-12 00:00:00
By ChinaFastner.com| 2016-10-10 00:00:00
By chinafastener.com| 2016-10-08 00:00:00
By WhaTech ,2016-10-18 00:00:00
The aerospace fasteners market is projected to grow from USD 5.49 billion in 2016 to USD 7.73 billion by 2021, at a CAGR of 7.08%. Factors influencing the growth of this market include the rise in aircraft orders due to the growth in air transport in emerging economies. “Increasing aircraft orders is a major factor driving the aerospace fasteners market globally’’ The growth of aerospace fasteners market is directly proportional to the health of the airline industry. Due to application specific requirements of raw materials and limited number of suppliers, raw materials management is a burning issue for aerospace fastener manufacturers. “Wide body aircraft segment is projected to be the fastest-growing segment during the forecast period” Increased efficiencies and lower oil prices have saved the airline industry tens of billions of dollars. The airline industry also produced record breaking operating results in terms of profits and increased efficiencies, which have resulted in increased implementation of new aircraft. In the next 10 years, the number of wide body airplanes entering the replacement zone will double. “Europe is estimated to be the largest market while Asia-Pacific is projected to be the fastest-growing market during the forecast period” Considering the number of suppliers for aircraft components in European countries, it is estimated to be the largest market for aerospace fasteners during the forecast period. On the other hand, Asia-Pacific region is projected to be the fastest-growing market during the forecast period owing to the presence of emerging economies, increased air travel, and rising demands for aircraft. News from www.whatech.com.
By The Ministry of Commerce and Ind ,2016-10-13 00:00:00
Malaysia government has made a preliminary affirmative determination of a case concerning the safeguard measures of the imported Steel Wire Rod and Deformed Bar-In-Coils. On Sept.23rd, 2016, the Ministry of Commerce and Industry of Malaysia announced that they had made a preliminary affirmative determination of a case concerning the safeguard measures of Steel Wire Rod and Deformed Bar-In-Coils. The initial determination claimed that the increasing import of Steel Wire Rod and Deformed Bar-In-Coils from other country has strongly damaged and threatened the development of relevant industry in Malaysia, thus they decided to levy a 13.90% anti-dumping tax on the involved products imported from 42 countries, including China. On May 29th, The Malaysian Iron And Steel Industry Federation (MISIF) reported the case to the Ministry, and the Ministry decided to launch investigations. It’s expected that the final determination will be made within 200 days after Sept. 27th, 2016 News from the Ministry of Commerce and Industry of Malaysia.
By Junyu PAN, Shaoguan Daily ,2016-10-09 00:00:00
In the 2nd International Fair for Investment and Trade of Advanced Equipment Manufacturing in West Bank of the Pearl River, Shaoguan Government signed a contract with Yueke Industrial Park Investment and Development Co., Ltd (hereinafter referred to as Yueke Industrial Park) regarding to the project in building a fastener industrial park in Shaoguan. They are going to invest 1.8 billion Yuan in the project and it’s expected that the annual output of the whole project will be about 500,000 tons. It’s said that Yueke Industrial Park Investment and Development Co., Ltd will be the main investor of the project which is located in Zhenjiang Area of Guanshao of Guanshao Industrial Transfer Industrial Park and covers an area of 650 mu. The main products of the project will be fastener products which will be used in many fields like electrical appliances, lamps, power station, and so on. It aims at building an intelligent screws town. The project will be completed in 7 stages within 6 years. It will include the construction of forming workshops, mould workshops, drawing workshops, R&D center, etc. The project endeavors to combine technologies research and development, inspection and identification, production and sales, storage and logistics, talents training together to build a standardized and intelligent industrial agglomeration base in China.
By Max Ehrenfreund ,2016-10-20 00:00:00
The issue of whether the Chinese government is putting American steel at an unfair disadvantage has now come up in two consecutive debates. That both candidates have focused on international trade in steel might be surprising, since it is not an issue that directly affects large numbers of voters. “One of the biggest problems with China is the illegal dumping of steel and aluminum into our markets,” Clinton said Wednesday night. Later, she went after Trump for using Chinese steel in his projects as a real-estate developer. Trump himself had raised the issue in the second presidential debate. Clinton was referring to a continuing legal dispute between several Asian countries and other nations around the world over subsidies for steel. In June, the U.S. International Trade Commission ruled that Chinese and Japanese subsidies were causing economic injury to the American steel industry. In August, the European Union imposed punishing tariffs on certain types of Chinese and Russian steel in retaliation. One reason that the candidates are focusing on this rather obscure controversy in international law could be that voters see trade as a political issue, whether or not it affects their own pocketbooks. Researchers who study public opinion on trade have found that Americans are not more likely to oppose international trade if they work in industries or occupations, such as manufacturing, that are vulnerable to competition from overseas. Instead, Americans’ attitudes on trade are more closely connected with their views on broader questions about American exceptionalism and the country’s position and status in the world. For Clinton and Trump, the issue of Asian steel could be a way to appeal to voters who believe that American power is in decline. News from The Washington Post.
By Reuters ,2016-10-19 00:00:00
Chinese steel futures extended gains to hit a nearly six-week high on Monday, lifted by surging raw material costs in the world’s top steel producer. A big rally in steelmaking raw materials including coking coal and coke this year has sharply increased Chinese steelmakers’ production costs and eroded mills’ margins, forcing a growing number of steelmakers to start booking losses. “Only about half of Chinese steel mills are still profitable, and some are making a loss of 100 yuan ($15.00) a tonne,” said Li Wenjing, an analyst with Industrial Futures in Shanghai. “The shortage of coal and coke supply has led to a big spike in prices, and turned mills’ performance to negative and thus caused them to curb production,” Li added. The most active rebar futures on the Shanghai Futures Exchange had risen 2.3 percent to 2,433 yuan a tonne by the midday break. They earlier touched a high of 2,448 yuan a tonne, their strongest since Sept. 6. Iron ore futures on the Dalian Commodity Exchange had risen 2.4 percent to 442.5 yuan by the midday break. An environmental crackdown in China to battle pollution and overcapacity has also hit steel mills’ production, though they could increase output to offset losses when orders pick up. China’s Hebei province, the country’s biggest steelmaking region, has imposed what it calls “special emission restrictions” on local mills as part of its war on smog, according to a policy document. RAW MATERIALS SPIKE Though China has ordered major coal mines to raise output as the government looks to boost supply after shutdowns, steel mills have still found it difficult to restock coking coal and coke, traders said. Li expected the supply shortage of coking coal and coke to last until next spring as cold weather will hit coal mines in northern regions. “Given supply of raw materials will remain tight, as long as demand does not shrink sharply, the overall situation will not improve,” Li added. Coking coal futures on the Dalian Commodity Exchange had surged 5.3 percent by midday on Monday. They have more than doubled so far this year. Coke futures had climbed 3.5 percent by midday, and have soared 140 percent this year. Iron ore surged 88 percent in 2016. By sharp contrast, steel rebar futures have gained only 44 percent since the beginning of the year. Iron ore for delivery to China’s Tianjin port rose 0.3 percent to $56.80 a tonne on Friday, its largest gain since Sept. 9, according to data from The Steel Index. The spot benchmark was up 4.4 percent for the week. Source: Reuters
By The Guardian ,2016-10-08 16:41:40
UK Steel warns tariff on hot-rolled steel might not be high enough to discourage China from further dumping of cheap steel The European Union has slapped tariffs of up to 73.7% on Chinese steel after manufacturers were forced to cut jobs due falling prices and demand for the material amid an influx of cheap imports from Asia. Thousand of job have already been lost in the steel industry in Britain in the last year with thousands more at risk as the sector remains under pressure. Industry leaders have partly blamed the squeeze on the sector on China’s dumping of cheap steel in Europe as it struggles to find buyers for its products domestically. The EU has agreed to impose import duties of between 13.2% and 22.6% on Chinese hot-rolled steel, which is used in pipelines and gas containers, and 65.1% and 73.7% on heavy plates, which are used in civil engineering projects. The state of the steel industry became part of the debate about Britain’s future in the EU before the referendum in June, with Brexiters claiming that the country would be better able to protect workers and introduce tariffs on Chinese imports if it voted to leave. UK Steel, the industry trade body, welcomed the speed at which the new EU tariffs had been introduced but warned that the levy on hot-rolled steel was not high enough, which could hurt Port Talbot, the biggest steelworks in Britain. Dominic King, head of policy and external affairs at UK Steel, said: “The speed at which tariffs have been imposed on dumped steel from China by the EU is very welcome. However, while we hope the tariffs for heavy plate are robust enough to ensure free and fair trade, the proposed levels for hot-rolled steel are not high enough, which might encourage China to continue dumping it on to the EU market.” David Martin, Labour MEP for Scotland, said the tariffs may be “too little too late” for the UK industry. Martin, the international trade spokesman for the Socialist and Democrats group in the European parliament, said: “The [European] commission has recognised that Chinese dumping is having a real, damaging effect on EU steel producers and the communities supported by them. “However, whilst the tariffs on heavy-plate steel are at a workable level, the duties on hot-rolled steel – a crucial product of Tata Steel’s Port Talbot plant – won’t deter Chinese steelmakers from further dumping. I sincerely hope these duties will be revised upwards at a later date. “What is pleasing is that this procedure was concluded five weeks ahead of schedule – finally the commission is waking up to the urgency of this situation. Whether it is too little, too late for UK steel, only time will tell.” The future of Port Talbot and Tata Steel’s 11,000 UK staff remains unclear as the Indian company considers a merger with German group ThyssenKrupp and tries to negotiate a rescue package with the UK government. Trade union leaders hit out at Tata Steel on Friday over its failure to sell off its speciality steels business in Yorkshire and County Durham. Tata Steel put the business up for sale in the summer as it desperately tried to stem the losses in its UK business. The speciality steels arm employs more than 2,000 people in Sheffield, Rotherham and Hartlepool. Roy Rickhuss, general secretary of steelworkers union Community, said the business was of “huge importance” to the area. He added: “When Tata announced that they wanted to sell the business, we called on them to act as a responsible seller. The continued lack of information about that process and the worry this has caused amongst their loyal workforce is highly irresponsible. “Speciality steels has every chance of a bright, profitable future, but this will only be possible if Tata ensure a new owner is able to invest in the business and build a positive relationship with the workforce. “The months of uncertainty and delays must end today. Tata must come clean about the state of the sales process and fully involve the trade unions in helping to build a new future for this vital industry and its highly skilled workers.” The article comes from theguardian.com. Any copyright is owned by the original author. Please kindly notice us if there is any infringement of copyright.
By Contributed ,2016-10-19 00:00:00
ASHLAND, Ohio – Randy Ridenour, President of Atlas Bolt & Screw Company LLC, has decided to retire at the end of 2016 after 32 years with the company. Ridenour joined Atlas in 1984 as Central Region Branch Manager and held positions of increasing responsibility leading to his promotion to President in November 2009. "Throughout his career, Randy has made a significant positive impact not only on Atlas but also on numerous industry associations where he is highly respected for his service," said Michael Hartley, President of the Marmon Construction Fasteners Group. Ridenour will continue to support Marmon as a consultant on various initiatives during 2017. "To say that Randy will be missed would be an understatement," Hartley said. "At the same time, he has built an excellent management team that will enable a seamless transition in leadership and continued exemplary service to Atlas customers." With Ridenour’s retirement, Scott Bowers, Atlas Business Unit Manager for Metal, and Don Bratcher, Business Unit Manager for Wood, will each have full autonomy to run their business and both will report directly to Hartley. "With their knowledge and experience, Scott and Don will provide solid leadership as Atlas builds on its strong reputation and market position," Hartley said. Atlas Bolt & Screw Company, a Marmon/Berkshire Hathaway company, offers a wide range of construction fasteners that reduce installation costs and extend the lives of metal buildings worldwide. Its broad product line serves both metal to metal and metal to wood applications. Founded in 1896, Atlas is one of the oldest and most knowledgeable companies in the fastener industry. In addition to Atlas, the Marmon Construction Fasteners Group includes Robertson, Pan American Screw, and Western Builders Supply, which together serve the construction, industrial, and other markets with a wide variety of fasteners. The group is part of Marmon Engineered Components Company, a subsidiary of Marmon Holdings, Inc. Marmon Holdings, part of Berkshire Hathaway Inc., is a global, diversified industrial organization with 2015 revenues of approximately $8 billion. News from Construction Magazine Network.
By AUSTEN HUFFORD ,2016-10-17 10:02:31
Fastenal Co. on Tuesday reported its profit fell in its third quarter, coming in below expectations, as its core fastener business remained weak. The Winona, Minn.-based distributor of nuts, bolts, hand tools and other supplies has suffered from the slowdown in construction, and continuing economic uncertainty. The company said fastener sales remain relatively weak due to sustained weakness of its heavy-equipment and construction markets. The company said revenue growth was due to higher unit sales, primarily from sales at existing store locations. Sales were hurt by price deflation in its fastener products. Sales at stores open for two years or more grew 0.9% in July, fell 0.7% in August and grew 1.6% in September. The company’s fastener product line’s daily growth fell 2.9%, while its non-fastener product-line daily sales grew 4.9%. The comparable increase in non-fasteners, pressured profits as its less profitable than the fasteners business. For the quarter ended Sept. 30, Fastenal reported a profit of $126.9 million, or 44 cents a share, down from $136.5 million a year earlier, or 47 cents a share. Sales climbed 1.8% to $1.01 billion. Analysts polled by Thomson Reuters were looking for 45 cents a share on $1.01 billion in revenue. Fastenal said its store count fell 2.5% to 2,454 at the end of the quarter from a year prior. In recent years, Fastenal has grown its industrial vending machine business. The number of vending machines grew 13% to 60,400. News from The Wall Street Journal.
By ChinaFastener.com ,2016-10-12 00:00:00
On Oct. 10th, the Five Regions Fastener Association Conference 2016 was held on Jeju Island, South Korea. As an annually-held event in fastener industry, the conference has got popular attention. The conference was hosted by Korea Federation of Fasteners Industry Cooperatives and near 200 people attended this conference, including leaders of associations and representatives of celebrated companies in mainland China, Taiwan, Hong Kong, Korea and Japan. The theme of this conference is Smart and Green Factory. As a famous medium in fastener industry, ChinaFastener.com was invited to the conference. Here is the report of the biggest conference of fastener industry in Asia. The conference was held in two stages. At the beginning, Cheung Hancheong, the president of Korea Federation of Fasteners Industry Cooperatives addressed a speech to welcome all people working in fastener industry of the five regions and hoped the conference could provide a stage to communicate, cooperate and to achieve a win-win result. After the speech, leaders of The Fasteners Institute of Japan, China General Machine Components Industry Association, Taiwan Industrial Fasteners Institute, Hong Kong Screw and Fastener Council made great speeches respectively one by one. Masaki Aizawa, President of The Fasteners Institute of Japan Wang Changming, Excutive Vice Director of CHINA GENERAL MACHINE COMPONENTS INDUSTRY ASSOCIATION Anchor T.H Chang, Chairman of Taiwan Industrial Fasteners Institute Shirley Wu, Chairman of Hong Kong Screw and Fastener Council Following their speeches were presentations of representatives of some associations and celebrated companies. These presentations focused on the theme and they thought that innovation, technology and green smart factories were the tendency of the industry in the near future. In the conference, representatives of each associations gave gifts to each other and showed their friendship to enhance cooperations and to strengthen links with each other. At the end of the conference, it's announced that next year's conference is going to be in Japan and the president of The Fasteners Institute of Japan addressed great hope to the conference next year and invited all representatives to attend the conference. The conference not only enhanced the communication and information exchange among people in fastener industry to advance the friendship among these countries and regions but also provide a cooperation stage for fastener companies and help them know more about the development situation of each country and region. It's a conference of profound importance for the development of the industry. Guests from different countries and regions were attending a banquet given by the host in Lotte Hotels & Resorts. The host has prepared great performances. The dinner ended up in a friendly and happy atmosphere. ChinaFastener.com will keep updating the news of the conference. If you are interested in the event, please follow us.
By FASTENER EXPO GUANGZHOU ,2016-10-10 00:00:00
Following the upcoming Fastener Expo Shanghai 2016 which is the Asia’s largest fastener exhibition, Fastener Expo Guangzhou 2016, another big event in the industry will be held in the Poly World Trade Center Exop from November 1-3, 2016. This exhibition is jointly hosted by ITE Asia Exhibitions Limited, an affiliated company of ITE Group, and Shanghai ITE Ebseek Exhibition Co., Ltd., while Luosi.com and chinafastener.com are the official media. The exhibitionis estimated to cover 20,000m2 exhibiting area and will attract more than 400 domestic and overseas enterprises to showcase their latest fastener application solutions to 10,000 visitors all over the world. Targeting the vast markets of Southern China and Southeast Asia South China has been the most economically dynamic area in China. Guangdong Province’s GDP has maintaining the highest in China for years. Guangzhou City is the economic, cultural, transportation and information hub of South China and one of the largest import and export ports in China owing to its proximity to Hong Kong, Macao, Taiwan, and Southeast Asian countries. The industrial development of entire South China is thriving on these huge markets that demand large volumes of fasteners. Guangdong consumes the most fasteners in China. An industrial cluster supplying primary parts has formed in South China with Guangzhou as the core and Shenzhen, Dongguan, Foshan, Huizhou, Zhongshan, Jiangmen and other near by cities as the industrial bases. The output values of fastener-using downstream industries like construction materials, furniture, electrical products, and machinery manufacturing are the highest in China. In the current economic theme of de-capacity, advances in fastener solutions can unquestionably boost innovation across these industries. The EU’s years of levying anti-dumping duty on Chinese fasteners has spurred domestic enterprises to seek diverse markets more aggressively. With the rise of some Southeast Asian countries, the future of the fastener market in this area becomes more promising. According to customs’ 2015 statistics, the top 20 destinations of China’s fastener export include Vietnam, Singapore, Malaysia and Thailand. In addition, Indonesia, the Philippines and other countries are big consumers of Chinese fasteners. Owing to the uninterrupted growth in infrastructure demand and industrial development, Southeast Asia is likely to generate another “golden opportunity” for the fastener industry. This exhibition is a professional exhibition serving the entire fastener industrial chain. It includes various types of standard and non-standard parts, raw materials, fastener manufacturing technologies and equipment as well as supporting products and technologies for fasteners. It provides a one-stop trade platform for manufacturers, buyers, distributors, agents, and end users. As the official media, Chinafastener.com and ChinaFastener Magazine will keep updating latest news of the event. The article comes from China Expo Guangzhou. Any copyright belongs to the original author. For further information, please go to http://gzcn.fastenerexpo.cn/en/index.html or follow us.
By steelhome.cn ,2016-09-23 15:17:54
Zenith Steel Group Company Limited has successfully launched a new type of steel – a high strength bolt steel recently which is the 27th new product of the company. At present, the steel has been on trial by their clients. It has expanded the products types and standards of the company’s special and superior steel and bar materials. During the earlier phase of the development, the R&D center of Zenith Steel Group designed proper technology parameters, controlled technological difficulties in steelmaking and rolling after researching for some technical information and deeply capturing of customer's requirements based on the current successful development experience of cold heading alloy steel and the features of the steel. During the manufacture of the steel, the company arranged relevant staffs to follow, observe and summarize the whole process. The R&D center, Steelmaking department, Rolling Department, Quality Control Department and other staffs worked together during the development process and the high strength bolt steel 35VB was developed by one time. After the examination of rolled products, all technical indicators meet the requirements of clients. What’s more, the company has rolled the steel in various standards and now the products has been sent to clients. We have been told that 35 VB is the steel for the production of high-class Grade 10.9 Steel Bolts which are widely applied to large machines, architecture, electricity and other industry. Because bolts directly transfer alternating load which leads to alternating stress. The bad application environment and high operating stress require good quality of the bolts which directly influences the service life of those machine. Due to these reasons, 35VB must have advantages like high strength, sound plasticity and toughness, high impact tenacity and high fatigue strength. The steel is a new developed high-value-added product which has certain difficulties in producing. Since 2016, Zenith Steel Group steps up efforts to develop more high-end products based on the “522” development strategy (that is 500,000 tons of steel of super quality, 2 million tons of fine steel and 2 million tons of special steel). According to statistics, the R&D center of the company has developed 27 types of steel, in which 21 types of bar and6 wire rods. The fine steels and special steels have occupied over 50% of all producing steels in the company. The article is from steelhome.cn. Any copyright belongs to the original author. Please kindly notice us if there is any infringement of copyright.
By CFM ,2016-06-28 00:00:00
Organized by Reed Tradex Company, the 2016 edition of Manufacturing Expo was held during the date from June 22-25 in BITEC, Bangkok, Thailand. Within four days of exhibition, the distributors, traders, manufacturers and specialists from home and outdoor of Thailand has joined in this fantastic show. The journalist, from ChinaFastener Magazine( CFM), witnessed this show and presented the latest information to you. Journalist of CFM Most of the visitors were from Southeast Asia and East Asia who were interested in auto parts, CNC machine, household electric appliance and etc. With 2,425 brands of technologies from 46 countries, Manufacturing Expo 2016 serves as a grand gateway for manufacturing and supporting industrialists to gain new machines and solutions from all over the world. Moreover, the strong presence of 6 international pavilions from China, Japan, Korea, Singapore, Taiwan and Vietnam ensures the increased level of potential business collaboration which would extend beyond the show duration. With honorary attendees from the Ministry of industry as well as public and private organizations from within Thailand and abroad, the show has once again confirmed a strong commitment to serve as the center stage of technology & business opportunities for entrepreneurs, business owners, parts makers, production supervisors, purchasers and other professionals in manufacturing and supporting industries.
Based on the annual statistics from The World Steel Association, the global per capita apparent consumption of finished steel in 2015 has declining for two consecutive years, which decreases to 208.2 kilograms, 4.1% decreased comparing with the volume of 217.1 kilograms of last year and 4.4% decreased comparing with the volume of 217.8 kilograms in 2013. However, the consumption of 2015 is still higher than that of 2012. In Asia, there is a sharp decline of China’s average consumption of steel in 2015. The average consumption of steel in Japan and Taiwan decline to 497.3 kilograms and 750.6 kilograms respectively. On the contrary, the consumption of India and South Korea keep growing and India reaches its highest record of 60.6 kilograms. However, it still fails to reach the level of one-third of the global average. South Korea maintains the top of the global average consumption of steel, which reaches 1113.6 kilograms. But it is still lower than the consumption of 1207.4 kilograms in 2008. In America, the average consumption of steel of North America and Central and South America both decline. The average consumption of steel of USA, Canada and Brail decrease to 297.4 kilograms, 404.6 kilograms and 102.6 kilograms respectively. Mexico and Argentina keeps growing, which increase to 190.6 kilograms and 121 kilograms. In European Union, the average consumption of steel reaches 303.5 kilograms in 2015, which maintains increasing for three consecutive years. But it is still lower than the volume of 311.6 kilograms in 2011. Africa keeps increasing for 5 consecutive years, which reaches 33.1 kilograms in 2015. But it is still the lowest average consumption of steel in the world.
Japan’s largest steel producer plans to open a $50 million manufacturing facility employing up to 70 workers by the end of 2021, the Indianapolis Business Journal reports. The new plant will process steel wire used for fastener applications by the automotive parts industry. The 150,000-square foot facility is expected to be fully operational by spring 2017, according to the Journal.
Asia industrial fastener market is expected to reach USD 44.12 billion by 2020, according to a new study by Grand View Research, Inc. Growing automotive demand in light of increasing disposable income of consumers is expected to propel demand for industrial fasteners over the next five years. China dominated the Asia fasteners market in 2013 and the trend is anticipated to continue over the forecast period on account of rapid expansion of domestic manufacturing base. India is expected to witness the fastest growth over the projected period as a result of increasing automotive production. In addition, infrastructure improvement in emerging economies is likely to propel demand for screws, bolts and rivets. Economic growth and rapid industrialization in China, India, Malaysia, Vietnam, Malaysia and Thailand is anticipated to stimulate investments for construction which in turn is likely to augment industrial fastener market over the projected period. Increasing use of fasteners in the manufacturing of automotive parts including engine, body, molding, suspension system, frame, body assembling and wheels is expected to drive market growth. Growing production of aircraft parts in China on account of “The 2011 State Council Policy” for aerospace sector is expected to spur market growth. Increasing number of regional manufacturers in China including Shanghai, Chengdu, Xi’an, Jiangxi and Shenyang is further anticipated to boost industrial fastener market over the forecast period. However, rising market share of substitutes such as PU adhesives is anticipated to restrain industrial faster market in the automotive and construction sector over the forecast period.
On June 20th, 2016, CNSA(China National Space Administration) holds the 13th edition international seminar of artificial intelligence of space, robots and automation in Beijing. Centering on the subjects of the development and the future of artificial intelligence of space, the officials and scholars of aeronautical and astronautical institute from over 10 countries communicate with each other, including USA, Germany, Japan and Canada, etc. It is known that China’s space robot and artificial intelligence of space develop very fast in recent years, especially a series of achievements are obtained in the fields of space on-orbit service, space assembly and manufacture and the exploration of moon and deep space. Chang’e 3 has successfully sent a Jade Rabbit roaming across the Bay of Rainbows. In the seminar, the Chief Engineer of National Defense and the Secretary of National Space Administration Tian Yulong expresses that it has a wide application prospect of space robots’ space on-orbit service, space probe and deep space probe. The development of technology of space robot will push the sustainable development of China Aerospace move forward and promote the innovation of technology and the completion of the laws and policies.
Lubo International and Wagener & Simon GmbH & Co KG (WASI) have announced their strategic cooperation in marketing, sales and distribution of Lubo Lubricant – a ‘smart’ lubricant that offers unique benefits for stainless steel screw thread connections. For founder and CEO of Lubo International, Peter de Bruine, this cooperation is a confirmation of the effectiveness and product quality of Lubo. “We have developed Lubo Lubricant to completely eliminate the problem of galling and the need of using mounting paste or other forms of grease. The occurrence of galling or cold welding is a well-known problem in the stainless steel fastener business. “When stainless steel bolts are tightened, pressure between the thread contact surfaces can break down the protective oxide layer, increasing friction and generating sufficient heat to momentarily ‘weld’ the surfaces together,” explains Peter. “A repeated locking and tearing action further increases adhesion, in some cases to the point that the threads seize completely. To avoid seizing, and high cost of repair, all kinds of mounting paste or greases are put on the fasteners.” Peter continues: “Traditionally, purchasers buy lots of these installation pastes but are not aware of the high waste of man hours. End users however are frustrated since they have to grease fasteners, clean tooling and machines, and in the worst case repair galling problems. Moreover, they are limited in the installation speed because the use of power tools causes higher friction and a higher risk of galling.” Lubo Lubricant can be added to bolts in a fixed, dry state whilst having a stainless steel look and feel. At the moment the lubricated bolt is subject to mounting friction, Lubo melts and lubricates the bolt. After cooling down, Lubo will return to its fixed, dry state ready for its next job. “Thanks to Lubo Lubricant’s unique capabilities, galling is completely prevented and users will not have to grease, clean or repair anymore,” states Peter. “On top of that, they can mount at higher speed using power tools. Real life experiences show that these savings of man hours easily subsidise more than half the price of the fasteners.” Due to its innovative capabilities Lubo has been nominated for the prestigious Technishow innovation award 2016 in the Netherlands. The Lubo Lubricant is also FDA compliant, which enables it to be used in the food and pharmaceutical sectors. “The strategic cooperation with WASI underlines the capabilities of Lubo and is a true recognition of all the efforts and hard work of the staff at Lubo International,” concludes Peter. “WASI is a stainless steel expert and a well established global market player. It has carried out multiple tests on Lubo Lubricant and all of them have been positive. Not only do these test show Lubo to be economical and fit for a broad range of applications, they also led to WASI stating that the Lubo Lubricant is THE solution to galling problems.”