Page 1

www.industryleadersmagazine.com

September 2011


September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


The Team

Editorial

Carrie Ann, Editor-in-Chief

Vrushti Mawani, News Editor

Richard Meryn, Associate Editor

Aubrey Chang, Associate Editor

Design Jani V. Art Director / Creative Head

Christy Gren, Industry Specialist Reporter

Marketing Kevin Paul Sr. Graphic Designer

Patrick Jam Advertising Coordinator

Zaina Ava Design Associate

Christine Taylor, Project Director

Julia Zimmerman, Project Director

Jason Miller Sr. Project Director

Ashley Hudson Sr. Project Director

Project Management Tom Parker, Project Director

Rachel Allen, Project Director

Technology John Hancock, Le Manh Head - Web Cuong, Department Sr Software Coordinator

4

Finance Controller Julia Hunt, Magazine Production

RR Baratiya

September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011

Editor’s Blog by Carrie-Ann Industry Leaders Magazine has been providing business news and information across various industry sectors from different parts of the world. We have been publishing stories about milestones reached by companies through phenomenal efforts and winning strategies. The most recent trend among venture capitalists has been investing in digital technology companies, and the leader of this pack is self-made billionaire Peter Thiel, more popularly known for being Facebook’s angel investor, because of whom Facebook got an opportunity to expand beyond Harvard. But what once there arent any real technologies left to develop? The Cover story this month is about Peter Thiel’s latest investment: not in Start-Up Companies, but in something much bigger. Start-Up countries. So are Start-Up Countries the new “Big Thing”? Read on to find out more. Making big news this month, Steve Jobs, often considered as being one of the most influential people in business, announced his resignation as CEO of Apple. What is the industry saying about this? Find out in this month’s issue. Regards,

Carrie Ann

Editor-in-Chief. Industry Leaders Magazine.

www.industryleadersmagazine.com

September 2011

5


September 2011

www.industryleadersmagazine.com


September 2011

www.industryleadersmagazine.com

Features 34

34

Contents 44

Hennessey Venom GT,

The Veyron-Slayer: The dream machine that challenges Big-Boy Bugatti’s supremacy in the super-fast cars market...

44

56 56

Apple Star Kid, Steve jobs Quits, The Industry’s reaction to Apple’s co-founder and CEO for 14 years announcing his resignation last month...

www.industryleadersmagazine.com

September 2011

Cover Story

Start-Up Countries: The Next Big Thing ? The venture capitalist with the knack of identifying and investing in “the next big thing”, the founder of PayPal and the guy who helped Facebook expand beyond Harvard, Peter Thiel, announced his latest investment last month: a $1.25 million funding to the Seasteading Institute towards developing “StartUp Countries”. So will Patri Friedman’s floating sovereign nations be the “Next Big Thing”? Read more...would 7


September 2011

Contents Regulars 12 The Latest in Business 20 Toys for the BIG Boys WOW ! Quotient 26 The Catalytic Clothing

62

62 26 40

... a global leader in the manufacturing and energy sectors, specializing in bioengineered pharmaceutical activities and hyperpure silicon for semiconductor and solar applications...

Mergers, Acquisitions, IPOs...

102

Larger than Life

113

Industry Events & Tradeshows

Executive Lifestyle Special

20 Toys for the

8

Wacker Chemie AG

Big Boys

72 72

Coromandel Engineering Company Ltd Mr. G.V.Kumar, Sr. Vice President, Coromandel Engineering, tells us what makes Coromandel an industry leader in India’s very competitive construction sector.

September 2011

www.industryleadersmagazine.com


80

Company Profiles

Tanelec

An established leader in Tanzania’s manufacturing sector, Tanelec Limited has been awarded the Tanzanian Presidential Award for the best large electrical manufacturer in the country for the last two years

80

102 102

The World’s Most Coveted Restaurants

Find out what it takes for these three restaurants to be ranked as the top three among the S.Pellegrino World’s 50 Best Restaurants...

90

Geodis

90 www.industryleadersmagazine.com

September 2011

Head-Space

Failure is simply the opportunity to begin again, this time more intelligently.

Contents

Europe’s fourth biggest logistics operator, Geodis is a Group of global dimension, able to deliver added value logistics solutions for part or all of your supply chain...

- Henry Ford

9


September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


The latest

in

Business

EIA Says U.S is Delivering the Pledge to Move Beyond Coal While the debt ceiling issue and the credit rating downgrade have been keeping the U.S under intense global scrutiny over the past few months, findings by the Energy Information Administration (EIA) that production of electricity from coal in the United States has dropped to its lowest ever in the last 30 years is definitely very welcome news. According to the EIA report published on August 9th, coal’s share of U.S. electricity production accounted for only 46% of domestic power, a 6% drop as compared to 2008. This was accompanied by a rise in the

12

Carrie Ann

share of electricity produced from natural gas as well as hydropower. The report by EIA also mentions a further estimated decline in coal consumption in the electric power sector by almost 3% over 2011, and a rise in generation from natural gas increases by 3.5%. With the soot emanating from coal-fired power plants killing an estimated 13,000 Americans prematurely every year, almost $100 billion in health costs are being attributed to the use of coal for electricity generation.

September 2011

www.industryleadersmagazine.com


HP to Exit PC & WebOS: Plans to takeover Autonomy In a massive overhaul of its businesses, multi-billion dollar IT company HewlettPackard has announced plans of shifting their operations away from manufacturing hardware and focusing on developing cloud computing instead. HP currently figures as the world’s largest maker of personal computers. Buying over UK-based software company Autonomy Corp. for $10.3 billion is the company’s first step in this direction.

www.industryleadersmagazine.com

September 2011

been formally approved by Autonomy’s shareholders, the acquisition is being viewed as a sure-shot by market experts. With a continuing decrease in consumer demand for personal computers, especially over the last two years since the market has been flooded with tablets and super-efficient smartphones that make the most of the technological edge and ease offered by cloud computing, Hewlett-Packard has been witnessing slowing revenue growth and increasing competition.

13

The Latest in Business

In light of the much higher than market value offer made by HP, though the deal has not yet

Jason Miller


The latest in Business ITRI comes out with rewritable i2R e-Paper After winning the R&D 100 Awards, also known as the “Oscars of Innovation”, for three successive years in a row, the ITRI (Industrial Technology Research Institute) has been awarded this year for two ecofriendly technologies, one of which is the rewritable i2R e-Paper, basically a liquid crystal panel. Promising to be both environmentally friendly and rewritable for a number of times, this e-paper, as opposed to most other digital and virtual technologies, does not need to

14

Aubrey Chang

be “powered up” constantly. Optimizing the thermal mechanism that enables erasing and re-writing, the i2R e-paper requires only heat to store or transmit images on the flexible cholesteric liquid crystal panel that it is made of. The e-paper also promises to deliver 300dpi high resolution with memory function, and if one wants to change any content, the paper simply needs to be put into a thermal writing device to achieve the desired erasing and rewriting.

September 2011

www.industryleadersmagazine.com


3D Printed Aircraft to Revolutionize Aircraft Design Economics.

Richard Meryn

The 3D printing world has, in recent times, often focused specifically on 3D food printing, while 3D printing involving larger complex mechanical assemblies has been a much less talked about subject. However, the world’s first 3D printed aircraft, designed and flown by engineers at the University of Southampton, promises to be a landmark development with the potential of revolutionizing the economics of aircraft design.

With its entire structure, including wings, integral control surfaces and access hatches all having been printed on an EOS EOSINT P730 nylon laser sintering machine, which fabricates plastic or metal objects, through a successive layering technique, the SULSA (Southampton University Laser Sintered Aircraft) plane has been designed to function as an unmanned air vehicle (UAV).

The Latest in Business

www.industryleadersmagazine.com

September 2011

15


The latest in Business RISUG. The Single dose, Safe, Reversible Contraceptive for Men Bye-bye Vasectomies (and if women can have it their way, bye-bye oral contraceptive pills too) ! This wonder drug, which has been developed at the Indian Institute of Technology in Kharagpur, India, promises to be a much safer, easier and reversible contraceptive method for men, and has garnered widespread global interest. As opposed to a vasectomy, which involves cutting the vas deferens, the RISUG (Reversible Inhibition of Sperm Under Guidance), acts through the injection of a

16

Richard Meryn

polymer gel into the vas deferens, which then coats the inside walls of the vas deferens and chemically incapacitates released sperm, rendering them incapable of fertilizing any eggs. Currently under advanced trials in India, where some men have used it successfully for over 15 years, RISUG offers results which are similar to a traditional vasectomy but with added advantages of the process being simple, relatively pain free and easily reversible.

September 2011

www.industryleadersmagazine.com


Venezuela Prepares to Nationalize its Gold Industry In a move aimed at halting illegal mining as well as boosting the country’s gold reserves, Venezuelan President Hugo Chavez has announced plans of taking over Venezuela’s largely underdeveloped gold mining industry. In a statement on state television, Chavez announced these plans, saying that “We’re going to nationalize the gold and we’re going to convert it, among other things, into international reserves because gold continues to increase in value.”

Carrie Ann

Adding that Venezuela needs to diversify its investments, Chavez spoke about the need to invest in developing economies, saying that “the economies of Europe and the United States are sinking. Now we must see that the economies of China, Russia and Brazil are more solid.” The repatriation would mean bringing back the $11 billion worth of Venezuela’s gold that is currently held in banks abroad.

The Latest in Business

www.industryleadersmagazine.com

September 2011

17


September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


Toys for the Big Boys

Live Life,

LEGO Size For all you AFOLs (Adult Fans of Lego) out there, this is an absolute must-have.

Batman

A 6-feet tall, 500 pound , sold by legendary toy retailer F.A.O. Schwarz at a mind-boggling price of $27,000, has been designed by Lego so that it can be shipped in three separate pieces, also making its construction easier. This Batman lego set is also the biggest Lego Batman in the world, and was constructed by thousands of kids and adults who came into the shop over a period of two days, and helped put this world-first together.

20

September 2011

www.industryleadersmagazine.com


Richard Meryn

Prized Possessions Got a spare $400,000 sitting around that you don’t know what to do with ? And you’re also crazy about games consoles ? This is your “Supreme” dream come true then.

$1.85 million Bang & Olufsen Beosound Speakers among others. This man’s love for all that shines will never stop surprising us.

Nintendo Wii Supreme edition, another The

super-glitzy piece of work by Stuart Hughes of Goldstriker, priced at a very dear $485,920, is coated in 2.5 kilograms of 22k gold.

Supreme-ize

THIS

Other Supreme-ized products by Stuart Hughes’, known world-over for glam-ming up gadgets, include the $3.2 million iPhone 3GS, the $2.25 million PrestigeHD Supreme Rose edition and the

www.industryleadersmagazine.com

September 2011

Prized Possessions

With front buttons decorated with 78 quarter-cut diamonds weighing in at 19.5 carats, this super-luxurious console reportedly took six months to produce.

21


Toys for the Big Boys

Benjamin Franklin once said, “Beer is proof that God loves us and wants us to be happy.” So how much happiness does the world’s rarest and most expensive beer present ?

Vieille Bon Secours

A bottle of , brewed by Belgian firm Caulier since 1995, touted as being the most expensive beer on

earth, costs around £700 or £32 a pint. The 12 litre bottle of Vieille Bon Secours serves up to 50 people and has an alcoholic volume of 8 per cent with the beer’s ‘complex’ taste being derived from citric, caramel and toffee flavours with an undertone of liquorice and aniseed.

BEER Leader

22

September 2011

www.industryleadersmagazine.com


Prized Possessions

The

Steak to Stake on

How could we resist pairing up the world’s most expensive beer with one of the drink’s best companions? the Japanese beef industry’s best gift to the world, is touted as being the world’s most expensive steak and supersedes any western high-end beef. The Wagyu cattle, reared for the world-renowned

Little wonder, then, that the Wagyu image courtesy stuarthughes.com meat takes up top spots on high end steak menus around the world.

Wagyu meat, are known worldwide for the marbling characteristics of the beef they produce, its increased eating quality through a naturally enhanced flavor, tenderness and juiciness, and thus a high market value.

As an indication of exactly how expensive this steak is, an eight ounce cut of Wagyu steak at Wolfgang Puck’s Beverly Hills restaurant would set you back by a cool $160, while a full Wagyu rib eye served at New York City’s Craftsteak would cost a cool $2800

Amongst these, the Kobe variety especially are the rarest and most-sought after, with these

www.industryleadersmagazine.com

September 2011

23

Prized Possessions

Wagyu Steak,

cattle allegedly having been reared by feeding them only beer and massaged by hand to ensure a tenderness and marbling beyond compare.


September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


The

WOW!

The Newest Foray in Ethical Fashion September 2011

www.industryleadersmagazine.com


! Quotient

Richard Meryn

Catalytic Clothing W

hen the entire world is thinking

Ethical

fashion, to

the

defined design,

as

“an

up ways of bettering the environment

approach

sourcing

by using technology and methods

and manufacture of clothing which

that reduce air pollution, Catalytic

maximises benefits to people and

Clothing’s newest foray goes one

communities while minimising impact

step further, with their ethical fashion

on the environment�, has become a

project that purifies surrounding air as

trend that designers world over have

one walks along.

recognized as vital to furthering the industry in a sustainable manner.

www.industryleadersmagazine.com

September 2011

image courtesy London College of Fashion


The Catalytic Clothing project, sponsored by ECover, is headed by Prof Tony Ryan from the PVC Faculty of Science, University of Sheffield, and Prof Helen Storey of the London College of Fashion’s Centre for Sustainable Fashion, who

have come together to develop a textile that acts as a catalytic surface and purifies air. The way Prof Storey envisages Catalytic Clothing, the project for her is, “a collaborative and public experiment between fashion and science, in this case, a beautifully radical new concept which endeavors to purify the air that we breathe through the surface of our clothes.”

The

WOW ! Quotient

Catal

28

image courtesy University of Sheffield

September 2011

www.industryleadersmagazine.com


lytic Clothing

a collaborative and public experiment between fashion and science, in this case, a beautifully radical new concept which endeavors to purify the air that we breathe through the surface of our clothes.

- Professor Helen Storey

The Science Catalytic Clothing’s technology harnesses the power of photocatalysts to break down pollutants as soon as the fabric comes in contact with them. A photocatalyst is something that, using energy derived from light, enables a reaction to proceed at a greater rate. When light shines on a photocatalyst, the electrons in the material are rearranged in a way that they become more reactive. These electrons are then able to react with the water in the air and break it apart into 2 radicals. These radicals, basically extremely reactive molecules, then react with the pollutants and cause them to break down into non-harmful chemicals.

The inside of a MyCopter

For the fabric that is being developed by Catalytic Clothing, photocatalysts are delivered to the surface of the clothing

image courtesy mycopter.eu

www.industryleadersmagazine.com

September 2011

29


WOW ! Quotient The 30

Catal during the traditional laundry procedure as an additive within a standard product such as a fabric conditioner. The active agent is packaged within a shell that is attracted towards, and subsequently binds to, the surface of the clothing during the washing cycle. In the final product, when the fabric comes in contact with air or water, the photocatalysts break down the pollutants they encounter, thus purifying the medium. Pollutants that are not immediately broken down are, like normal clothing, washed off during subsequent laundering.

Scale of Impact Next logical question: how many people would be required to wear this airpurifying fabric to make a noticeable difference ?

According to estimates published by Catalytic Clothing, “a significant reduction in the level of air borne pollutants in a large city such as London could be achieved if, for every metre of pavement width, 30 people wearing Catalytic Clothes walked past each minute.� And while these figures make it sound like it would take a lot of time to reach a significant scale of impact, considering the fact that air pollution is currently estimated to reduce the life expectancy of every person in the UK by an average of 7-8 months, Catalytic Clothing offers the kind of future potential that can considerably aid the process of creating a better living environment.

“

a significant reduction in the level of air borne pollutants in a large city such as London could be achieved if, for every metre of pavement width, 30 people wearing Catalytic Clothes walked past each minute September 2011

www.industryleadersmagazine.com


lytic Clothing

image courtesy airbus.com

www.industryleadersmagazine.com

September 2011


September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


Number Crunchingly Good

Hennessey Ve

The Veyron-Slayer September 2011

www.industryleadersmagazine.com


enom GT

irror, mirror on the wall; who’s the fastest of them all ?

Seems like John Hennessey has had enough of that.

Before Hennessey’s dream machine, the

The guy who’s known for turning fast cars into absurdly fast cars has created Bugatti’s worst-ever nightmare. The Venom GT, at 1200 bhp and 1200 kg

Venom GT was introduced, no one would’ve dared question the Bugatti Veyron’s supremacy where being the world’s fastest, hottest, best-looking car was concerned.

www.industryleadersmagazine.com

September 2011

makes the 267 mph, 1888 kg Veyron,

Number Crunchingly Good

M

Vrushti Mawani


Number Crunchingly Good who until now was the big boy bully amongst all of the world’s fastest, slickest cars, seem slow and heavy!

Priced at US$950,000, Hennessey will build only 5 Venom GTs every year, at either one of the company’s three facilities: Texas, California and Silverstone, England. The

Who would’ve thought the Veyron would meet his nemesis already ? Back from its show down with the Bugatti Veyron at the Goodwood Festival of Speed, where the Veyron shied away from competing with the Venom GT, this supercar was unveiled by Hennessey Performance (HPE) August 17, 2011 at the McCall’s Motorworks Revival held at the Monterey Jet Center.

Venom GT Specs With the goal behind building this car being to produce “The best overall performing and best looking road-legal supercar we could build.”, HPE president and founder, John Hennessey, says, with something much like the pride of a new father; “Twelve hundred horsepower combined with in a mid-engine chassis that weighs twelve hundred kilos (2,685 lbs) – no other road car and only a handful of race cars can match the power to weight ratio of the Venom GT.” “It is a driver’s car, a supercar with a soul that will give you as much speed and performance as you dare ask of it”, he adds.

36

September 2011

www.industryleadersmagazine.com


hand-built supercar, currently one of the world’s most exclusive, is available in right or left hand drive, with the right hand drive option costing an extra US$28,000.

With a pick-up that goes from zero to 200 mph in an absolutely incredible 15.9 seconds, the Venom GT is being touted as being “the next fastest thing to a F1 car”.

With a pick-up that goes from zero to 200 mph in an absolutely incredible 15.9 seconds, the Venom GT is being touted as being “the next fastest thing to a F1 car”.

Number Crunchingly Good

www.industryleadersmagazine.com

September 2011


Number Crunchingly Good Featuring a new sub-frame so that the engine and gearbox fit into the car, the Venom GT has a projected top speed of more than 260mph.

Concept Origin The dream of building the Venom GT was born when, in 2007, Hennessey’s Venom 1000 Twin Turbo Viper posted the quickest time of the day by running 0 to 200 mph in an astonishing 20.3 seconds and was crowned king of the ROAD & TRACK “Speed Kings”. In comparison, the 2nd place Bugatti Veyron 16.4 was nearly 4 seconds behind the Venom with a time of 24.2 seconds.

about this idea. We then had a few more detailed renderings made. And when I saw these drawings, I thought to myself, we can build this car with 1000+ hp and a weight well under 3000 lbs.” The rest, as they say, is history. And is now being showcased in the form of the Hennessey Venom GT; the first car in a long, long time that makes the Bugatti Veyron looks insignificant.

This is when John Hennessey started thinking about building a car that would be significantly lighter than the 3500 lbs heavy Viper, and yet remain a street car with a full interior, air-conditioning and the works. Reminiscing about how the Venom GT was born, Hennessey says, “One day I joked about putting the Venom 1000 Twin Turbo engine in the back of a Lotus Exige. Then I thought, let’s do a sketch and see what that might look like. When I saw the sketch I stopped laughing and really started to seriously think 38

September 2011

www.industryleadersmagazine.com


Twelve hundred horsepower combined with in a mid-engine chassis that weighs twelve hundred kilos (2,685 lbs) – no other road car and only a handful of race cars can match the power to weight ratio of the Venom GT... It is a driver’s car, a supercar with a soul that will give you as much speed and performance as you dare ask of it.

September 2011

Number Crunchingly Good

www.industryleadersmagazine.com

39


Goes Shopping... I

n its largest-ever acquisition deal, Google announced on August 15th an allcash acquisition bid to buy Motorola Mobility Holdings for $12.5 billion. The move is aimed at increasing the search engine giant’s leverage in the highly competitive mobile computing market. The deal with Motorola would give Google over 17,000 mobile technology patents.

Android software in the wireless business. According to an official statement by Google co-founder and now CEO, Larry Page, “The combination of Google and Motorola will not only supercharge Android, but will also enhance competition and offer consumers accelerating innovation, greater choice, and wonderful user experiences. I am confident that these great experiences will create huge value for shareholders.”

At a time when the world’s leading search engine company is trying hard to increase its market share in competition with Apple and Microsoft, the Motorola deal gives Google just the kind of clout it needs to further its 40

September 2011

www.industryleadersmagazine.com


... Comes Home with

Android. Then, Now & How Android, Google’s mobile operating system, developed by Google in conjunction with the Open Handset Alliance, was first purchased by the search engine giant in 2005 from the initial developer of the software Android Inc. The first smartphone powered by Google’s Android system, and made by HTC, was introduced in October 2008 by T-Mobile USA Inc. However, Android’s alliance with Motorola dates back to before the introduction of the HTC phone.

www.industryleadersmagazine.com

September 2011

In November 2007, when Android distribution was announced along with the founding of the Open Handset Alliance – a consortium of 80 hardware, software, and telecommunication companies devoted to advancing open standards for mobile devices – Motorola was a founding member of this Alliance that worked to make Android the first truly open and comprehensive platform for mobile devices. Google’s deal with Motorola will not mean any changes to Google’s commitment towards keeping Android an open, free platform. 41

mergers, acquisitions, ipos

Motorola


mergers, acquisitions, IPOs

The combination of Google and Motorola will not only supercharge Android, but will also enhance competition and offer consumers accelerating innovation, greater choice, and wonderful user experiences. I am confident that these great experiences will create huge value for shareholders

patent claims, according to Google, is to make Android more expensive for consumers, the search engine company’s deal with Motorola, which gives Google thousands of technology patents, will help “supercharge” the entire Android network.

“Given Android’s phenomenal success, we are always looking for new ways to supercharge the Android ecosystem,” Page said, laying the foundation for Google’s rationale in buying Motorola.

Motorola has demonstrated its commitment to Android since the launch of this open platform, by using Android as the sole operating system across all of its smartphone devices.

Since 2010, Google has been subject to a number of lawsuits by companies like Apple, Microsoft, Oracle and others for what they claim have been copyright infringements and patent thefts. And given that the principal purpose of these lawsuits and

In announcing the deal, Google said that “Motorola’s total commitment to Android in mobile devices is one of many reasons that there is a natural fit between our two companies”.

42

Motorola’s Commitment to Android

September 2011

mergers, acquisitions, ipos

Talking about the tremendous popularity and growth witnessed by Android since its launch in November 2007, Larry Page said that, “Android has not only dramatically increased consumer choice but also improved the entire mobile experience for users. Today, more than 150 million Android devices have been activated worldwide—with over 550,000 devices now lit up every day—through a network of about 39 manufacturers and 231 carriers in 123 countries.”

www.industryleadersmagazine.com


base image sourced from gplus.com

www.industryleadersmagazine.com

September 2011

43


September 2011

www.industryleadersmagazine.com


Vrushti Mawani

“A

re

there

any

real

expand beyond Harvard, Peter

technologies left to develop, or have

Thiel,

we reached the end of the line, a sort

investment last month: a $1.25

of technological equivalent end of

million funding to the Seasteading

history?” asks Peter Thiel’s Founders

Institute

Fund.

what would essentially be floating

announced

his

towards

latest

developing

sovereign nations. While vehemently rejecting this notion ofcourse, and proactively investing in

Imagining these start-up countries

newer frontiers that go beyond the

to be built on oil-rig-like platforms

future offered by the technological

in international waters, Thiel’s

age.

vision for these floating nations based on Libertarian ideals, is for

The venture capitalist with the knack

them to be free from the laws of

of identifying and investing in “the

any particular country.

next big thing”, the founder of PayPal and the guy who helped Facebook

cover story

www.industryleadersmagazine.com

September 2011

49


The Next Big Thing

Start-Up Countrie

Floating Sovereign Nations & DIY Governments With the idealistic vision of offering people “the freedom to choose the government they want instead of being stuck with the government they get”, the Seasteading Institute’s rationale behind developing these start-up countries is to provide humanity better ways to live together in a way that allows the inhabitants to unlock their full potential. Founded in 2008 by Patri Friedman, grandson of economist Milton Friedman, architectural plans for these start-up countries that constitute Thiel’s latest investment sector envisage them as being movable, dieselpowered, 12,000-ton structures with room for 270 residents. According to an interview that Friedman gave earlier in August, the ultimate goal in establishing these floating nations, is to “open a frontier for experimenting with new ideas for government”, a political vacuum into which people can experiment with startup governments that are “consumer-oriented, constantly competing for citizens,”

46

September 2011

www.industryleadersmagazine.com


es

www.industryleadersmagazine.com

September 2011

47

cover story

Rendering Freedom: Personality Winner of TSI’s 2009 competition Anthony Ling


The Next Big Thing

Start-Up Countrie

Business Models So what sets this utopian dream apart from the dozens that have been dreamt up and tossed aside before ?

One potential business model for the floating city-states to be based on is what Friedman refers to as Appletopia.

According to Thiel entrepreneurial zeal.

This model imagines a corporation, such as Apple, to start up a country like a business.

and

Friedman,

The Overall Winner of the 2009 Design Competition held by the Seasteading Insti AndrĂĄs GyĂľrfi September 2011

www.industryleadersmagazine.com


es Said Friedman, about the Appletopia model: “I envision tens of millions of people in an Apple or a Google country,” where the hightech giants would govern and residents would have no vote. “If people are allowed to opt in or out, you can have a successful

dictatorship,” “The more desirable the country, the more valuable the real estate,” Friedman added.

itute www.industryleadersmagazine.com

September 2011

49

cover story

I envision tens of millions of people in an Apple or a Google country... If people are allowed to opt in or out, you can have a successful dictatorship... The more desirable the country, the more valuable the real estate


The Next Big Thing

Start-Up Countrie

Thiel’s Investment Areas With a clear penchant for the audacious and the outlandish, Thiel has, over time, invested in ideas and companies across a number of sectors.

possible they won’t take us very seriously. And they will not actually try to stop us until it’s too late.”

Having risen to fame for having co-founded PayPal in 1998, and then a great deal more for his half a million dollar loan to Facebook that was instrumental in publicly launching the world’s biggest social network company, Thiel, alongwith other prominent venture Image courtesy lovebeginswithl.com capitalists, runs the venture capital firm, Founders Fund. With a few conventional investments like Hollywood movies, some of Thiel’s more experimental and idealistic, yet extremely profitable, investments include SpaceX, a space-transport company, and Halcyon Molecular, which aspires to use DNA sequencing to extend human life. Investing in Seasteading’s floating sovereign nations however, is probably Thiel’s most experimental venture. And he remains committed to the idea despite many planning and development experts having scoffed at the ridiculousness of starting up entire countries, saying in a media statement, “there are quite a lot of people who think it’s not possible. That’s a good thing. We don’t need to really worry about those people very much, because since they don’t think it’s 50

September 2011

www.industryleadersmagazine.com


es

The world needs a place where those who wish to experiment with building new societies can go to test out their ideas. All land is already claimed - which makes the oceans humanity’s next frontier.

www.industryleadersmagazine.com

September 2011

cover story

Oasis of the Sea: Best Picture Winner of TSI’s 2009 competition Emerson Stepp


The Next Big Thing

Start-Up Countrie

SESU Seastead: Aesthetics Winner of TSI’s 2009 competition Marko Järvela September 2011

www.industryleadersmagazine.com


es The Seasteading Institute What is The Seasteading Institute’s driving force behind developing these floating nations ? The desire to experiment and the current lack of space to do so. “right now, there is no open space for experimenting with new societies. That’s why we work to enable seasteading communities - floating cities - which will allow the next generation of pioneers to peacefully test new ideas for government. The most successful can then inspire change in governments around the world,” says The Seasteading Institute (TSI).

“The world needs a place where those who wish to experiment with building new societies can go to test out their ideas. All land is already claimed which makes the oceans humanity’s next frontier,” says TSI.

www.industryleadersmagazine.com

September 2011

53

cover story

The Institute believes that the enormous scales at which countries currently function, makes it very difficult to experiment with alternative social systems on a small scale, or for an individual to make a difference.


The Next Big Thing

Start-Up Countries

Right now, there is no open space for experimenting with new societies. That’s why we work to enable seasteading communities - floating cities - which will allow the next generation of pioneers to peacefully test new ideas for government. The most successful can then inspire change in governments around the world

Refusion : Community Choise Winner of TSI’s 2009 competition Team 3DA September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


Making News 56

Apple S

Steve

Qui

September 2011

www.industryleadersmagazine.com


World Business News

Star Kid

Jobs

its

J

obs’ stunning announcement said, “I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.” Despite his long-continuing ill health, Jobs’ resignation on 24th August 2011 has caused shock waves in the tech industry.

www.industryleadersmagazine.com

September 2011

57


Making News

Apple’s Star Kid, Steve Jobs, Quits

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come... I hereby resign as CEO of Apple

Apple’s co-founder and CEO of the company for 14 years will now serve as the Chairman of the company’s board. Tim Cook, Apple’s Chief Operating Officer has taken over Jobs role and will now be Apple’s CEO. Following the announcement, Apple shares fell as much as 7 percent in extended trading, indicating how increasingly synonymous Apple and Jobs have become for the market over the years.

58

Making History: Jobs Over the Years Jobs co-founded Apple, along with Steve Wozniak, Mike Markkula and others, in 1976, when he was a very young 21. Primarily a manufacturer of personal computers, including the Apple II, Macintosh, and Power Mac lines for more than two decades, Apple, then Apple Computer, Inc.,

September 2011

www.industryleadersmagazine.com


magic that was realized in its fullest potential only with the iPhone was introduced to the world. This ofcourse was further fuelled by the launch of the iPad, which has seen the kind of sales earlier this year that no other tablets have. The rest, as they say, is history. Apple today is the world’s second-most valuable corporation, after ExxonMobil, while being ranked as the most valuable brand in the world. So valuable and desirable, that entire fake Apple stores have been found in parts of China.

image courtesy cnn.com

had ousted Jobs from the company in 1985. The revival of the current tech giant only happened when the ailing Apple Computer got Jobs back, and the miracle-maker, in his capacity as CEO turned the company around massively. What began with the 2001 introduction of the iPod music player, and Apple dropping “Computer” from its name, was just the start of Jobs beginning to work his iOS magic; a

www.industryleadersmagazine.com

September 2011

Jobs influence zone however, is not limited to these super-sleek, very desirable iOS tech products. Besides having pioneered personal computer networks, somewhere along his career graph Jobs dreamt up the concept of “desktop publishing”, and presented the world the laser printer. As an aside, in 1986, Jobs acquired the computer graphics division of 59

world business news

Mike Edwards, President, Borders Group

Apple’s revenue, as of 2010, was estimated at 65.23 billion. Its most recent earnings report published by the company has posted (its third-quarterly earnings) have shown an 82% increase in revenue, and 125% rise in profits year-on-year.


Making News

Apple’s Star Kid, Steve Jobs, Quits

Lucasfilm Ltd which was spun off as Pixar Animation Studios, a concept that fostered the technology and a brand-new business model for creating computer-animated feature films. Apple pays Jobs a salary of $1 a year. On the other hand, he has Apple shares worth about $2.1 billion, and is the single largest Disney shareholder, with stock worth about $4.4 billion. Jobs current net-worth is estimated at $8.3 billion.

What the World has said about Jobs Figuring at the top of Fortune’s 2007 Power 25 list, Apple’s co-founder is globally recognized as one of the most powerful people in business. The world has often been awe-struck with Jobs ability to, over the years, dream up very desirable digital objects using never-before thought of technology and then seduce suppliers, partners, and even industries to promote these esoteric with his showmanship that has become a brand image in itself. Marvelling at this ability of Jobs’, management guru Jim Collins once called Steve Jobs the “Beethoven of business.”

John Sculley, who headed Apple for a decade 1983 onwards, said in a statement, “Steve Jobs is the world’s magic man. No compromises.” Dave Morin, the CEO of Path Inc. and an Apple employee from 2003 to 2006, says, “Steve inspired an entire generation of entrepreneurs and creative people to think about things in terms of innovation and design.” When Tim Cook was asked in 2008 about Jobs continuing ill-health and chances of Cook replacing Jobs, he said, “Come on, replace Steve? No. He’s irreplaceable… I see Steve there with gray hair in his 70s, long after I’m retired.” So much for Cook’s predictions. End of a Stardom indeed.

Come on, replace Steve? No. He’s irreplaceable… I see Steve there with gray hair in his 70s, long after I’m retired.

- Tim Cook, 2008 60

September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


Wacker Chem

Giving B

September 2011

www.industryleadersmagazine.com


mie AG

Birth to Tomorrow’s Solutions

F

ounded in 1914, WACKER Chemie AG is a global leader in the manufacturing and energy sectors, specializing in silicones, binders and polymeric additives for diverse industrial sectors to bioengineered pharmaceutical activities and hyperpure silicon for semiconductor and solar applications. www.industryleadersmagazine.com

September 2011

Spanning the globe via five business divisions, 26 production sites and over 100 subsidiaries and sales offices, WACKER has established a presence in all key economic regions and growth markets. As of 31st of December 2010 WACKER records showed an employee strength of 16,314, with the company’s corporate


Wacker Chem

Giving B

annual sales in 2010 having gone up to 4.75 billion Euros, a 28% increase as compared to 2009. The Wacker Chemie AG Consortium includes Siltronic AG, WACKER SILICONES, WACKER POLYMERS, WACKER BIOSOLUTIONS and WACKER POLYSILICON.

As a technology leader focusing on sustainability, WACKER promotes products and ideas that offer high value-added potential to ensure that current and future generations enjoy a better quality of life based on energy efficiency and protection of the climate and environment.

Wacker Chemie’s integrated silicone manufacturing facility in Zhangjiagang, China

64

September 2011

www.industryleadersmagazine.com


mie AG

Birth to Tomorrow’s Solutions WACKER’s forays in the energy sector focus of photvoltaics, solar thermal energy and wind power.

Wacker’s Energy Solutions Photovoltaics A very important pillar towards climatefriendly energy production, WACKER believes that photovoltaics is a segment that needs to be expansively researched and pioneering, competitive products developed by manufacturers who want to keep a crucial lead over their competitors. As a leading supplier of raw materials, WACKER has been an important partner of the solar industry for many years. In addition to hyperpure polysilicon, the starting material for crystalline solar cells, the Munich-based

chemical company also produces silicones which are used as potting materials, adhesives and sealants or encapsulants in solar cells and modules. WACKER is one of the largest silicone manufacturers in the world and has decades of experience in the field of silicone chemistry. Its ELASTOSIL® Solar and TECTOSIL® brands offer a wide range of specialty products for the photovoltaics industry. As a leading manufacturer of polysilicon and silicones, WACKER is widely sought-after as a partner in the development of innovative materials to increase the efficiency of photovoltaics. WACKER offers module manufacturers an integrated package for encapsulation, potting, bonding and special applications in the form of TECTOSIL® silicone-based thermoplastic and the ELASTOSIL® Solar product range.

As a technology leader focusing on sustainability, WACKER promotes products and ideas that offer high value-added potential to ensure that current and future generations enjoy a better quality of life based on energy efficiency and protection of the climate and environment. www.industryleadersmagazine.com

September 2011

65


Wacker Chem

Giving B

Photovoltaic Solutions offered by WACKER include: • Ensuring integration of the different module components • Fixing the mounting systems of frameless large modules • Protecting sensitive solar cells against weathering and moisture • Insulating electrical components in the junction box against the most diverse of external effects • Focusing sunlight on concentrator cells WACKER also offers ESA-approved specialty products from its ELASTOSIL® S range; a range which has properties specifically designed for outer space, for extraterrestrial applications.

Solar Thermal Energy Solar-thermal systems are used for sustainable energy recovery, and make high demands on the materials used, which must first and foremost be resistant to weathering, radiation and heat. Building on the fact that silicone products are especially suitable for specific applications in harsh conditions, WACKER has developed ELASTOSIL® solar self-adhesive silicones, 66

which ensure permanent bonding between the glass cover and the collector housing. Highly heat-stable WACKER silicone fluids AK and AP, as heat-carrier fluids, effectively remove the energy collected, and remain liquid even at low temperatures.

Wind Power WACKER silicones are used in the economic exploitation of wind power, and are impressive for their high resistance to extreme temperature shocks, weathering and environmental effects, as well as their versatility of processing: • for encapsulation of sensitive electrical components • for use in various sealants and adhesives • for cooling and for electrical insulation of novel high-temperature operating transformers • for the production of composite materials by means of reusable silicone system solutions • The wind turbines of windmills consist of composite shells that are bonded together. HDK® pyrogenic silica is used to control the rheology of the widely used epoxy or vinylester adhesives

September 2011

www.industryleadersmagazine.com


mie AG

Birth to Tomorrow’s Solutions

Wacker’s Multicrystalline Solar Wafer

www.industryleadersmagazine.com

September 2011


Wacker Chem

Giving B

Dr. Rudolf Staudigl, President and CEO, Wacker Chemie AG As part of his editorial for the most recent issue of WACKER’s corporate magazine, Dr. Rudolf Staudigl, President and CEO, Wacker Chemie AG wrote about WACKER’s forays in developing solutions for the photovoltaics industry, saying : “Since the year 2000, we have been continually expanding our production capacities for hyperpure polycrystalline silicon used by the photovoltaic sector to manufacture solar panels. Groundbreaking for the polysiliconproduction facility in Charleston, Tennessee took place in early April.” “With a total volume of some €1.1 billion, the project is the largest single investment in WACKER’s history. The strong demand for WACKER’s polysilicon is shown by the fact that virtually the entire output at Tennessee has already been contractually secured for 2014. We also offer an extensive portfolio of energy-saving polymer and silicone products. For example, WACKER debuted newly developed dispersible polymer powders that

68

are ideal for hydrophobic formulations for energy-saving exterior insulation and finish systems (EIFS). Moreover, the automotive industry would hardly be able to implement the politicallydriven switchover to electromobility (a key topic of this edition) without silicones. In compact and high-performance electrical motors, such as those used in hybrid and electrical vehicles, silicones are the material of choice when adhesion, sealing, vibrationdamping and insulation of the engine are required.”

Wacker’s Multicrystalline Solar Wafer

Dr. Rudolf Staudigl, President and CEO, Wacker Chemie AG September 2011

www.industryleadersmagazine.com


mie AG

Birth to Tomorrow’s Solutions “In addition, we came to the right conclusions about Asia’s increasingly key role for the world economy. Via the long-term orientation of our investment strategy, we have established a solid basis in the world’s growth regions over the last few years – most especially in Asia. After all, Asia makes up more than a third of WACKER’s total sales and we expect continually rising demand for products concerning energy conservation and the generation of renewable energy for the 21st century’s top-ranking growth region.”

www.industryleadersmagazine.com

September 2011

The strong demand for WACKER’s polysilicon is shown by the fact that virtually the entire output at Tennessee has already been contractually secured for 2014. We also offer an extensive portfolio of energy-saving polymer and silicone products. For example, WACKER debuted newly developed dispersible polymer powders that are ideal for hydrophobic formulations for energy-saving exterior insulation and finish systems (EIFS). 69


September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


Coromandel E Company Ltd

A Be

September 2011

www.industryleadersmagazine.com


Engineering d

eacon of Excellence

C

Group has established itself as a distinct leader across all these sectors.

One of India’s oldest and most wellrespected business houses, the company has pioneered several novel engineering techniques including being the first to introduce pre-engineered metal building systems in India.

The Coromandel Engineering Company echoes this level of excellence demonstrated by the Group across sectors. The company’s key strengths lie in executing projects related to pile foundations, construction, civil and sanitary engineering.

oromandel Engineering Company Ltd., established in 1947, is part of the $4 billion Murugappa Group.

The Murugappa Group has holdings across a number of successful industries, including cycles, precision tubes, ceramics, civil construction, pollution control, abrasives, refractories, anti-corrosion, sugar, tea and many more. Over the years, the www.industryleadersmagazine.com

September 2011

The company is presently a general contractor in buildings and factories and 10% of its business comes from real estate development. It is listed in Bombay Stock Exchange.


Company History Established in 1947, a month after India got Independence from British rule, Coromandel Engineering soon became one of the biggest construction companies especially in the South and went on to construct several landmark structures. The company became a large piling and slip-form contractor as well. It even ventured into granite production which was eventually closed.

In the early nineties, there was a sudden dip in private investment and the company took some government contracts which did not help the company and group which was emerging very strong in manufacturing, decided to exit construction. 95% of the resources got reduced and the company was prepared for sale.

Coromandel Engineering is presently a general contractor in buildings and factories and 10% of its business comes from real estate development.

74

September 2011

www.industryleadersmagazine.com


Having joined Coromandel as the General Manager of the company, Mr. Kumar is now the Senior Vice President of Coromandel Engineering. We spoke to Mr. Kumar to find out what keeps Coromandel ahead of the game.

What Lies Ahead for Coromandel According to Mr. Kumar, a key parameter in furthering the company’s success is their approach in responding quickly and positively to the requirements of their customers in both

www.industryleadersmagazine.com

September 2011

Mr. Kumar firmly believes in deliver customer-centric solutions. According to him, building trust and rapport with customers is vital for any business to succeed. Mr. Kumar told us that he was very pleased with the company’s performance over the past year. Coromandel’s turnover for the year 2011-12 is, according to Mr.Kumar, being estimated at around 50 million dollars. This, in contrast to their previous year’s turnover of 25 million dollars, is a significant jump. According to Mr. Kumar, these raised estimated are based on the robust investment in investment and expansion in manufacturing sectors and infra-structures like power. Coromandel invests in Plant & Machinery every year. This year the company is planning to invest 2.5 Million Dollars on Plant and Machinery this year.

Coromandel Engineering

This is where Mr. G.V.Kumar came into the picture. Having been with the company for the past six years, Mr. Kumar has fast become a key decision-maker within the company.

contracts as well as real estate. This, Mr. Kumar says, gives Coromandel a distinct edge over their competitors.

A Beacon of Excellence

However, the sale did not take place. The company functioned with the balance 5% of resources at a much smaller level. In 2005, the Vice Chairman of the group took over as the Chairman of the Company and decided to revive the company.

75


Coromandel currently employs around 650 people, exclusive of workmen who are given by labor contracts at each of the company’s project sites.

According to Mr. Kumar, the 18 Million Dollars the Sugar Refinery construction project for Coromandel’s single largest project in the last 5 years. Mr. Kumar considers this to be the benchmark project for the company.

Mr. G.V.Kumar, Senior Vice President, Coromandel Engineering

September 2011

www.industryleadersmagazine.com


In relation to other sectors, Mr. Kumar said that the company is looking at some other infrastructure areas such as airports, ports, metros and roads. He said “We believe that there is sufficient space to grow in the sector we are in for the next 4 – 5 years.”

Industry Challenges One of the main challenges faced by the industry, according to Mr. G.V.Kumar, is the number of players who are not organized and take up work at low rate, creating an imbalance in industry.

www.industryleadersmagazine.com

September 2011

Another key challenge is the volatility among material prices, which makes it difficult to accurately estimate the cost of a project over a long period. Skill shortage, at both staff and workmen levels, is another serious issue faced by all in this industry. Where real estate development is concerned, the time taken by statutory bodies to give necessary clearances has pushed back the start of the project in many cases, and this constitutes a significant hurdle often, where Coromandel’s real estate development endeavours are concerned.

Ahuja Constructions

Mr. Kumar says Coromandel plans to build expertise in electrical and mechanical work to enable the company to offer a one stop solution to their customers.

Redefining Lifestyle

Coromandel’s turnover for the year 201112 is estimated at around 50 million dollars, in contrast to their previous year’s turnover of 25 million dollars. This significant jump according to Mr. Kumar, is due to robust investment and expansion in manufacturing sectors and infra-structures like power.

77


September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


Tanele

September 2011

www.industryleadersmagazine.com


ec

Powering Through...

A

n established leader in Tanzania’s manufacturing sector, Tanelec Limited has been awarded the Tanzanian Presidential Award for the best large electrical manufacturer in the country for the last two years. Tanelec limited commenced its operations in Arusha, Tanzania in 1981 and is the largest manufacturer of electrical distribution transformers and switchgear in East and Central Africa. Fully equipped to provide full customer support for all their products and at the same time offer comprehensive repair and service capabilities, Tanelec is a responsive and dynamic company that exceeds customer expectations and continues to increase their market footprint and share in Africa through the provision of high quality products and services.

www.industryleadersmagazine.com

September 2011


Tanelec

Powering Through...

Founding Beliefs Tanelec firmly believes in their employees being their greatest resource and strive to provide occupational health, safety and ensure safe working conditions by constantly auditing their internal processes and making improvements. Being committed to their own code of practice and business ethics policies, Tanelec’s senior management team comprises of experienced people whose combined talents and expertise

have enable the company to manage and achieve their ambitions and targets. Creating local added value through their contribution to the country and regional economy is very important to Tanelec. Tanelec recognizes that their own success can provide increased employment opportunities for the local community as well as providing business opportunities for service and supply sectors. I a n Robertson, Managing Director of Tanelec Limited spoke to us and told us about Ta n e l e c ’ s existing capabilities and future plans.

Tanelec : East & Central Africa’s Preferred Choice 82

August 2011


Ian Robertson, Managing Director, Tanelec Limited Mr. Robertson started his career in 1962, with a well known transformer manufacturer in the UK called Bonar Long as an electrical engineer. Having gathered expansive experience over the years, Mr. Robertson was appointed CEO at Tanelec Limited. Tanelec was established in 1981, supported by Norwegian technical experience. In 1995

www.industryleadersmagazine.com

September 2011

Tanelec became part of the BB Group. In 2007 ABB divested its interest in the company and the ABB shareholding was acquired by the Kenyan investment company TransCentury Limited (TCL). TCL have other interests in the power sector through their shareholdings in East Africa Cables in Kenya and Nairobi, Kewberg Cables in South Africa and Avery Limited in Kenya. 83


Tanelec

Powering Through...

Wire Systems Technology WST’s primary focus is in the supply of materials and technology into the electrical machines manufacturing and repair markets where our specialist expertise is well recognised. Our aim is to grow our business by applying our professional insulation engineering skills as “partners” with our customers to develop and exploit opportunities and solve problems in electrical machines. However, the diverse product range also finds application in many other electrical and non-electrical markets such as automotive, packaging, domestic appliance, defence, chemical processing and industrial heating. Quality Assurance is central to company policy. The Quality Systems of all WST Divisions were listed to ISO 9001:2000 in 2003. In addition to this, WST Enamels Division also holds a permit to apply the SABS Certification Mark to its round enamelled copper conductors. For more information on products and distribution centres, please contact us. Head office: 39 Bonsmara Road, City Deep, Johannesburg, Republic South Africa. Tel: 0027 11 613 6731, 0027 860 COPPER (267737) ; E-MAIL: info@wst.co.za ; Website: www.wst.co.za

86

September 2011

www.industryleadersmagazine.com


Current Scenario During 2011 Tanelec acquired an 80% stake in Pende Electrical (Zambia). Pende are an electrical contracting company who do work mainly for the mining sector. Pende also own a company called Transformco who repair and manufacture distribution transformers. According to Mr. Robertson, it is expected that Tanelec will have improved market access in Zambia and Congo through Pende. Winning the Tanzanian Presidential Award for the last two years is testament to Tanelec’s commitment of staying ahead of the game and maintaining their role as an industry leader.

whilst we need to be competitive against external suppliers our main value is our product quality and being local i.e. providing short lead times and quick service response

The selection criteria for this award include various factors such as revenue growth, export performance, corporate tax contributions, investment, employee training, environmental and health and safety performances. In all these respects, Tanelec has proven its superiority over others in the electrical manufacturing sector.

www.industryleadersmagazine.com

Given that Tanelec is the only manufacturer of distribution transformers in East and Central Africa, Mr. Robertson said, “whilst we need to be competitive against external suppliers our main value is our product quality and being local i.e. providing short lead times and quick service response.”

September 2011

Currently, Tanelec’s principal focus remains in the manufacture of distribution transformers of up to 3000 KVA and 33 kV. However, the company has been growing the service and repair parts of their business and also their LV and MV Switchgear business.

Tanelec is estimated to currently have an annual revenue of $24 million, excluding the company’s new Zambian subsidiary organization. In 2010, Tanelec invested about $1.5 million in a new transformer drying facility aimed at supporting the company’s projected volume increase from 2,400 transformer/year to 7,000/year. 85


Tanelec

Powering Through...

Alongwith having invested in an electrical steel slitting line aimed at reducing cost and lead times, this year Tanelec have already invested about $1million in some new coil winding machines and other machinery. Tanelec currently employs around 160 people. Due to the unique nature of the work Tanelec does, most of the company’s employee training is done in-house. However,

besides this in-housing training, Tanelec also supports external studies for employees and capacity building through this.

Challenges and Forecasts According to Mr. Robertson, a big challenge in the current market scenario is the general global economic downturn which has


resulted in increased overseas competition and pressure on profit margins. Mr. Robertson also told us that the copper commodity price fluctuations make it difficult for pricing long term contracts where (especially utilities) do not allow for price adjustment formulas. However, being a company that has a dedicated, skilful and experienced workforce, Mr. Robertson is confident about future prospects. Tanelec has established a very high reputation for the quality of their products and service, especially since many of the company’s customers prefer to deal with a local organization. We asked Mr. Robertson, if, according to him, there is some sort of pattern or formula to a successful business. In response, he said, “Obviously pricing and quality are important, however, being local and having a good reputation are very important.”

September 2011

Tanelec’s parent group (TransCentury Limited) has invested heavily in manufacturing associated with the power sector in a region where only 12% to 15% of the population have access to electricity is important in order to be able to position ourselves for future opportunities. Tanelec is currently looking at expanding all their present product ranges and at the feasibility of introducing other products associated with the power sector.

87


September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


Geodis

Global Multimod

September 2011

www.industryleadersmagazine.com


dal Provider

G

eodis is Europe’s fourth biggest operator, a Group of global dimension, able to deliver added value logistics solutions for part or all of your supply chain. We contribute to your international development with our global, multi-modal offering.

www.industryleadersmagazine.com

September 2011

As a responsible company, we also enforce environmental rules. Present in 120 countries with a workforce of 30,000, our Group comprises core business divisions along with a crossdivisional entity – Geodis Global Solutions – delivering end-to-end solutions in all sector of activities.


Geodis

Global Multim

Geodis Group GEODIS WILSON delivers Freight Management and Freight Forwarding services worldwide by air, sea or a combination of the two. Geodis Wilson comprises of a staff of 5700 employeess. GEODIS CALBERSON employs 11000 people and supplies groupage and express services in France and Europe. GEODIS LOGISTICS manages clients’ logistics flows and implements expert logistics solutions from supplier procurement to final distribution. It engages about 5000 employees. GEODIS BM provides road transport services across Europe: full and part loads, transport on request, dedicated transport, rental, direct flows or flows via platforms, distribution and inter-site rounds engaging 3,500 employees. GEODIS GLOBAL SUPPLY CHAIN OPTIMISATION builds global logistics and supply chain solutions, selects and integrates best value service partners, provides visibility and continuous cost optimization with the expertise of 1200 people on board. 92

July 2011


modal Provider Polsteam: a world leader in the niche market of transportation of liquid sulfur.

In the late fifties they began to rapidly grow the company and its tonnage transport. Spontaneous development of the tonnage became possible among others through the establishment of Antyczarterowego Fund in 1958. PŻM used the resources of this fund until 1963 and bought 22 units of “Liberty”, “Empire” and “Park” with a total carrying

www.industryleadersmagazine.com

September 2011

Expeditor's freight services

capacity of 250 thousand. DWT. These ships allowed the owner to significantly increase the operating range.

99


Geodis

Global Multim

September 2011

www.industryleadersmagazine.com


modal Provider Performance-driven Talent Hunt The talent of their teams is at the heart of their company strategy. Today some 30,000 men and women all over the world support them in their growth and international development projects. Each one of them is unique; what they share is the commitment, responsiveness, performance and team spirit that makes Geodis so strong. The men and women at Geodis ensure their excellence every day in the field and create value for their customers through their reliability and sector expertise. As a part of their service offering, innovation is also an essential aspect in their human resources and managerial processes, aimed at better fulfilling their customers’ needs. Their decentralized organization structure responds to customers’ needs for local presence. With employees on all the continents, they offer a broad range of skills and functions worldwide. Their participative management system enables each person to work every day toward their shared success and reap the rewards.

www.industryleadersmagazine.com

September 2011

95


Geodis

Global Multim

Geodis signed an agreement on diversity in 2009 that demonstrates its ambition to fight all forms of discrimination in recruitment and career management. The Group has for several years been committed to fostering the employment of disabled people, through the Geodis Foundation. Career evolution and internal mobility are strong HR commitments at Geodis. They lead a real policy of support and long-term career development at the Group. Their Job Exchange, accessible via the Group intranet, gives employees the chance to find out about job offers in France and internationally before they are advertised externally.

The men and women at Geodis ensure their excellence every day in the field and create value for their customers through their reliability and sector expertise 96

September 2011

www.industryleadersmagazine.com


modal Provider

www.industryleadersmagazine.com

September 2011

103


Geodis

Global Multim

Sustainability Attitude

with

Blue

As a European leader in transport and logistics, Geodis strives to set an example in sustainable development. They anticipate the impact of their activities and seek to adapt them to

reflect the existing and future expectations of society. This concern is increasingly present in their day-to-day activities as well as in their long-term strategy. In 2008, Geodis set up a sustainable development programme, Blue Attitude. The aim is to coordinate the initiatives conducted

September 2011

www.industryleadersmagazine.com


modal Provider by the Group over a number of years. BLUE refers to the planet Earth and it is also their corporate colour. ‘ATTITUDE,’ because efficient and sustainable development policy demands the involvement of everybody. The main environmental challenge for a global transport and logistics operator such as Geodis is to reduce the pollutant emissions linked to its activities, particularly greenhouse gases emissions including CO2 emissions. To achieve this, they are pursuing an active policy supported by significant human and financial investment. In 2008, they signed

the Charter of voluntary commitments for the reduction of CO2 emissions in road freight transport, charter initiated by the French authorities. A precise action plan covering all the activities of Geodis BM in France and three pilot zones for Geodis Calberson aims to achieve Ă 5% cut in CO2 emissions by 2010(almost 13,000 tonnes). They are also involved in developing methods to calculate the CO2 emissions of their activities in order to better satisfy customer expectations and future regulatory requirements. These methods will factor in the characteristics specific to each Group activity and underline the efforts made by in-house staff and sub-contractors to cut emissions.

As a European leader in transport and logistics, Geodis strives to set an example in sustainable development. They anticipate the impact of their activities and seek to adapt them to reflect the existing and future expectations of society. This concern is increasingly present in their dayto-day activities as well as in their long-term strategy. www.industryleadersmagazine.com

September 2011

99


September 2011

www.industryleadersmagazine.com


www.industryleadersmagazine.com

September 2011


Larger

Fin The World’s Most Coveted Restaurants September 2011

www.industryleadersmagazine.com


than Life

nger-Licking good

W

hat’s that saying ? The way to a man’s heart is through his stomach ? Well, the restaurants we will feature here will, we promise, also find their way to every woman and child’s heart; restaurants sure to pamper your senses and nourish your soul. www.industryleadersmagazine.com

September 2011

Extracted from the list of the S.Pellegrino World’s 50 Best Restaurants Awards, the three most coveted restaurants in the world are ranked not simply on how expensive the meals here are. Rather, this list is created by The World’s 50 Best Restaurants Academy, an influential group of over 800 leading food critics, chefs


Larger than Life

Noma, Denmark and restaurateurs across the world, each

Based on subjective experiences of the very

selected for their expertise and extensive experience in the international restaurant scene.

distinguished panel members that constitute the Academy, the S.Pellegrino World’s 50 Best Restaurants are chosen from thousands of votes cast by the members of constituent regions world-wide.

The most interesting part about these awards, that sets them apart from any other awards in the restaurant industry, is that these restaurants do not need to meet any particular set of criteria like selling a specific product, being established for a certain minimum number of years, or to have won any other culinary accolades. 104

So which gastronomical among 2011’s top 3 ?

heavens

figure

Noma, from Denmark figures right up top, followed by two Spanish Restaurants; El Celler De Can Roca at number two and

September 2011

www.industryleadersmagazine.com


The World's Most Coveted Restaurants Mugaritz at number three. Let’s find out what’s so special about these world leaders in the restaurant industry.

Noma, Denmark Minimalism at its very best, Danish restaurant Noma, also the 2010 Awards winner, promises an unlikeany-other package. Noma, run by chef and coowner René Redzepi, is located in an old warehouse, in the fashionable Christianshavn area of town Copenhagen. Chef Rene Redzepi of Noma, dubbed “the rising star of European Cuisine”, has cooked at some of the world’s most well-known restaurants including The French Laundry, El Bulli and Le Jardin des Sens in Montpellier.

www.industryleadersmagazine.com

Chef and Co-owner Rene Redzepi of Noma September 2011

105


Larger than Life

Having learnt from the best, what Chef Rene offers at Noma, is, according to the restaurant, his “personal rendition of Nordic gourmet cuisine with an innovative gastronomic take on traditional cooking methods, fine Nordic produce and the legacy of our shared food heritage”. Exactly how very special this restaurant is, is evident from the fact that there are no waiters at this restaurant. Only chefs. And

extremely enthusiastic ones at that. So the chef who cooks a dish, serves you, and if you’re willing, will also go to extreme lengths to explain to you everything about the dish. Having been described as offering “an emotive, intense, liberating way of eating, unlike any other”, Noma has established its “difference” in rediscovering and bringing back to Denmark, outstanding foods from across the Nordic regions.

Double-Height Library La Belle Epoque September 2011

www.industryleadersmagazine.com


The World's Most Coveted Restaurants Laying just as much emphasis on the more modest, often disregarded ingredients like grains as pulses, as he does to some very costly ingredients, what Chef Rene’s restaurant offers is an amazing juxtaposition of a “fairly ambitious” style of cooking, and the purity and simplicity that is essential to Nordic cooking. Booking a table here however, is anything but simple. Bookings here are open only one day in a month and this too for reservations that can only be made three months down the line or more.

Nordic gourmet cuisine with an innovative gastronomic take on traditional cooking methods, fine Nordic produce and the legacy of our shared food heritage...

www.industryleadersmagazine.com

September 2011

107


Larger than Life

El Celler De Can Roca, Spain El Celler de Can Roca which takes the spot held by the very popular El Bulli in 2010, is reportedly the least well-known restaurant to have claimed such a high rank in the prestigious awards listing. The dishes on the Roca brothers’ menu have been conceptualized on the basis of two threads of thought. Their techno-emotional “landscapes of memory” cuisine promises to bring back sensations and memories that evoke immense pleasure, while their “emotional cuisine” is based more on breaking things down to understand them completely, with their belief being that “if cuisine is to make sense, one needs to carefully study why things happen in the first place”. The Catalonian restaurant is run by the three Roca brothers, Joan, Josep and Jordi, who have also been divided in terms of the restaurant’s functional structure as the “savoury mind”, the “liquid mind” and the “sweet mind” respectively.

108

September 2011

www.industryleadersmagazine.com


The World's Most Coveted Restaurants

El Celler De Can Roca, Spain www.industryleadersmagazine.com

September 2011


Larger than Life

Mugaritz, Spain

Chef Andoni Luis Aduriz of Mugaritz

At number three, Mugaritz, another Spanish restaurant, is the brainchild of Chef Andoni Luis Aduriz. With menus that change daily according to what Chef Aduriz can get his hands on at the street markets and what’s growing in the restaurant’s herb garden, the cuisine at Mugaritz is based on the chef’s selfdubbed ‘techno-emotional’ approach. With a mind-boggling level of research having gone into designing the restaurant’s cuisine as well as its overall experience, what Mugaritz offers, is “a personalized menu including fifteen dishes and the result of years of research, hundreds of tests until perfecting the techniques.”

September 2011

www.industryleadersmagazine.com


The World's Most Coveted Restaurants

Mugaritz, Spain www.industryleadersmagazine.com

A318 Elite Private Office

September 2011


THE

1 1 0 2 T I M M U S Y G R E N E A N A GH

, Accra 14th & 15th r e b m e v o n N & Exhibitio Conference

S Markets A G & IL O g in m oo s for Ghana's B ie it n u rt o p p O Strategies & Developments,

The moment natural oil and gas was found in abundance off the coast of Ghana, a revolution was set in place. The opportunities for Ghana soon became obvious, as did the implications for the wider region, Africa and the global energy industry The Ghana Energy Summit 2011 will be examining the future strategy, developments and outlook for the Oil & Gas sectors in Ghana. Featuring a Conference, Exhibition, ‘Ghana Energy Networking Party’ and One-on-One Meetings; the Ghana Energy Summit 2011 is a must-attend event for the international Oil & Gas sector. The Ghana Energy Summit 2011 can provide your company with the perfect opportunity to discover the latest developments and plans for Oil & Gas in Ghana; and to facilitate extensive networking opportunities with government ministers, local/international oil and gas companies, and market experts Quote code: ‘GHANAOILANDGAS2’ when registering to receive an exclusive 15% discount

For further details on how to attend the Ghana Energy Summit 2011 as a Delegate, Exhibitor or Sponsor then please visit: www.industryleadersmagazine.com September 2011

www.ghanaenergysummit2011.com email: info@oliverkinross.com or call us on: +44 (0) 20 7127 4501


Events & Tradesows

Energy Vietnam International Electrical Technology & Equipment Exhibition : 07-SEP-11 to 10-SEP-11 Venue: Hanoi International Center for Exhibition (I.C.E. Hanoi), Hanoi, Vietnam Maxpo : 08-SEP-11 to 10-SEP-11 Venue: Helsinki Exhibition & Convention Centre, Helsinki, Finland Fuel & Energy Complex : 21-SEP-11 to 23-SEP-11 Venue: Kiev International Exhibition Centre (IEC), Kiev, Kiev City, Ukraine Renewable Energy Indonesia : 21-SEP-11 to 24-SEP-11 Venue: Jakarta International Expo (JIExpo), Jakarta, Indonesia ENERGETHICA FLORENCE : 22-SEP-11 to 24-SEP-11 Venue: Florence Fair, Florence, Toscana, Italy Renexpo : 22-SEP-11 to 25-SEP-11 Venue: Messe Augsburg, Augsburg, Bayern, Germany KlimaEnergy : 23-SEP-11 to 25-SEP-11 Venue: Fiera Bolzano, Bolzano, Trentino-Alto Adige, Italy World Independent & Junior Oil and Gas Congress : 26-SEP-11 to 28SEP-11 Venue: Marriott Hotel-Grosvenor Square, London, England, United Kingdom Energetics : 27-SEP-11 to 30-SEP-11 Venue: Greater Columbus Convention Center, Columbus, Georgia, USA Core Energy Conference : 04-OCT-11 to 06-OCT-11 Venue: The Cunard Centre, Halifax, Nova Scotia, Canada

www.industryleadersmagazine.com

September 2011

113


Events & Tradesows 114

Manufacturing China International Tire Expo : 07-SEP-11 to 09-SEP-11 Venue: Shanghai Everbright Convention & Exhibition Center, Shanghai, China ChemInnovations : 13-SEP-11 to 15-SEP-11 Venue: George R. Brown Convention Center, Houston, Texas, United States Of America Kyiv Textiles : 13-SEP-11 to 16-SEP-11 Venue: Kiev Expo Plaza Exhibition Center, Kiev, Kiev City, Ukraine Plastec Midwest : 20-SEP-11 to 22-SEP-11 Venue: Donald E. Stephens Convention Center, Rosemont, Illinois, United States Of America Vietnam Plas : 21-SEP-11 to 24-SEP-11 Venue: Saigon Exhibition & Convention Center (SECC), Ho Chi Minh City, Ho Chi Minh, Vietnam EUROFINISH : 27-SEP-11 to 29-SEP-11 Venue: Flanders Expo Ghent, Gent, East Flander, Belgium Machine Building : 26-SEP-11 to 01-OCT-11 Venue: International Fair Plovdiv, Plovdiv, Bulgaria Die Casting Korea : 28-SEP-11 to 01-OCT-11 Venue: Kintex - Korea International Exhibition Center, Goyang, Korea CAR style : 01-OCT-11 to 03-OCT-11 Venue: Messe Bremen, Bremen, Germany Tekniska Massan : 04-OCT-11 to 07-OCT-11 Venue: Stockholm Exhibition and Congress Center, Stockholm, Sweden

September 2011

www.industryleadersmagazine.com


Events & Tradesows

Construction Harrogate Flooring Show : 04-SEP-11 to 06-SEP-11 Venue: Harrogate International Centre, Harrogate, England, United Kingdom DECOoh : 04-SEP-11 to 07-SEP-11 Venue: Brussels Exhibition Centre, Brussels, Belgium Budpragres : 06-SEP-11 to 09-SEP-11 Venue: Minsk Expo, Minsk, Belarus KazBuild Spring : 06-SEP-11 to 09-SEP-11 Venue: Atakent International Exhibition Centre, Almaty, Almaty [City], Kazakhstan Megabuild Istanbul : 08-SEP-11 to 11-SEP-11 Venue: CNR Expo Center, Istanbul, Turkey Domotex Middle East : 12-SEP-11 to 14-SEP-11 Venue: Dubai International Convention & Exhibition Centre, Dubai, United Arab Emirates Construct : 14-SEP-11 to 16-SEP-11 Venue: McCormick Place Convention Center, Chicago, Illinois, United States Of America Build Eco Xpo : 14-SEP-11 to 16-SEP-11 Venue: Suntec Singapore International Convention & Exhibition Centre, Singapore CONSTRUEXPO : 21-SEP-11 to 23-SEP-11 Venue: Expo Gudaljara, Guadalajara, Jalisco, Mexico Marble, Granite & Ceramics Indonesia : 21-SEP-11 to 24-SEP-11 Venue: Jakarta International Expo (JIExpo), Jakarta, Jakarta Raya, Indonesia

www.industryleadersmagazine.com

September 2011

115


Events & Tradesows 116

Food & Beverages Oregon State Fair : 26-AUG-11 to 05-SEP-11 Venue: Oregon State Exhihition Center, Oregon, Ohio, USA Food & Drinks Asia : 01-SEP-11 to 04-SEP-11 Venue: World Trade Center Metro Manila, Manila, Metropolitan Manila, Philippines Food Franchising : 01-SEP-11 to 04-SEP-11 Venue: World Trade Center Metro Manila, Manila, Metropolitan Manila, Philippines Asian Seafood Exposition : 06-SEP-11 to 08-SEP-11 Venue: Hong Kong Convention & Exhibition Centre (HKCEC), Hong Kong, China (Hong Kong S.A.R.) International Food & Hospitality Show : 13-SEP-11 to 16-SEP-11 Venue: Queen Sirikit National Convention Center (QSNCC), Bangkok, Krung Thep, Thailand World Food Moscow : 13-SEP-11 to 16-SEP-11 Venue: Expocenter Krasnaya Presnya Moscow, Moscow, Moskva, Russia China(Guangzhou) International Food Exhibition & Guangzhou Import Food Exhibition : 21-SEP-11 to 23-SEP-11 Venue: Guangzhou Jinhan Exhibition Centre, Guangzhou, Guangdong, China Vietnam Food Processing & Pharmaceuticals Technology Industry Exhibition : 21-SEP-11 to 24-SEP-11 Venue: Saigon Exhibition & Convention Center (SECC), Ho Chi Minh City, Ho Chi Minh, Vietnam Alberta Foodservice Show : 02-OCT-11 to 03-OCT-11 Venue: Stampede Park BMO Centre, Calgary, Alberta, Canada

September 2011

www.industryleadersmagazine.com


Events & Tradesows

Supply Chain Aircraft Interiors Expo Americas : 12-SEP-11 to 14-SEP-11 Venue: Long Beach Convention Center, Long Beach, California, USA APEX Annual Conference & Exhibition : 12-SEP-11 to 15-SEP-11 Venue: Washington State Convention & Trade Center-Seattle, Seattle, Washington, United States Of America Transport a Logistika : 12-SEP-11 to 16-SEP-11 Venue: Brno Exhibition Centre, Brno, Jihomoravsky Kraj, Czech Republic TranSec World Expo : 13-SEP-11 to 14-SEP-11 Venue: Olympia Exhibition Centre, London, England, United Kingdom ComTrans : 13-SEP-11 to 17-SEP-11 Venue: Crocus Expo International Exhibition Center, Moscow, Moskva, Russia TRANSPORT & LOGISTIK Schweiz : 14-SEP-11 to 15-SEP-11 Venue: BEA Bern Expo, Bern, Switzerland Thailand International Logistics Fair : 22-SEP-11 to 25-SEP-11 Venue: Bangkok International Trade & Exhibition Centre (BITEC), Bangkok, Krung Thep, Thailand TRANSPORT & LOGISTICS ANTWERP : 20-SEP-11 to 22-SEP-11 Venue: Antwerp Expo, Antwerp, Belgium NEVA International Exhibition : 20-SEP-11 to 23-SEP-11 Venue: Lenexpo Fairgrounds, St. Petersburg, Russia Marine Indoensia : 21-SEP-11 to 24-SEP-11 Venue: Jakarta International Expo (JIExpo), Jakarta, Jakarta Raya, Indonesia

www.industryleadersmagazine.com

September 2011

117


5th AnnuAL conFeRence & eXhiBiTion

SMARTENERGY I N T E R NAT I O N A L2 011 October 24 – 26, 2011 – San Francisco, CA

over 500 progressive utilities and key energy stakeholders from around the world will attend Smart energy international this year to:

Featured Speakers Mike Davis Associate Laboratory Director, Energy and Environment Directorate, Pacific Northwest National Laboratory (PNNL)

• Learn practical ways to change business models and continue growing revenues in an environment that encourages less energy use and more capital investment in advanced Smart Grid technologies

Jim Delshad, Former Mayor of Beverly Hills, Vice Chairman and Managing Director of Pacific Capital Group

• Fully optimize the potential of your Smart Grid rollout plans, from exceptional customer acceptance to achieving greater efficiencies and smooth systems integration

David Driskell Executive Director of Community Planning and Sustainability, City of Boulder, Colorado

• Co-located events Smart Cars and Smart Homes will show you the right steps to prepare your current operations for the impact of integrating large scale EV rollouts and the growing number of smart homes and buildings into your current grid

Robert Fox Co-founder and Principal, Cook + Fox Architects

• Work even more effectively with your key market stakeholders, from federal government to local regulators, academic research programs to innovative vendors – they’re all here to shape the future of smart energy

Jared Lawrence, VP of Customer Strategy and Innovation, Duke Energy Takehito Yokoo, General Manager Advanced Powertrain, Toyota Motor Engineering & Manufacturing North America, Inc. Larry Weis General Manager of Austin Energy

Shape the future of smart energy Incorporating:

Host utility:

SMARTSTORAGE

SMARTHOMES SUMMIT 2011

SUMMIT2011

Platinum sponsor:

Gold sponsor:

Silver sponsor:

SMARTCARS

SUMMIT2011

Host publication:

Premier media partner:

Organized by:

METERING.COM INDuSTry LEADEr MAGAzINE rEADErS SAVE 10%. RegiSTeR WiTh DiScounT coDe iLM.

www.industryleadersmagazine.com September 2011 www.smartenergyinternational.com


www.industryleadersmagazine.com

September 2011


September 2011

www.industryleadersmagazine.com

Industry Leaders Magazine September 2011 Issue  

Industry Leaders Magazine is a monthly publication showcasing the Latest Profiles and Project Reports of the Leading Companies in Constructi...

Read more
Read more
Similar to
Popular now
Just for you