Monthly Archives: July 2020

A conservative analysis of the potential health impacts of a proposed wastewater pipeline into the Pacific Ocean off South Canterbury has found they would be less than minor, a hearings panel was told on Tuesday.

The effects of the discharge on human health (from Oceania Dairys proposed 7.5km wastewater pipe at Glenavy) are predicted to be less than minor, particularly given the conservative nature of the risk assessment, Dr Helen Rebecca Stott, an environmental scientist with the National Institute of Water and Atmospheric Research Limited said.

The advanced wastewater treatment proposed, using UV disinfection, will improve the current microbiology quality of dairy processing wastewater to further reduce potential health risk from wastewaters discharged, Stott told the Environment Canterbury hearing being held in Waimate.

READ MORE:* Pipeline proposal 'more environmentally friendly', hearings panel told* Several hurdles for Oceania Dairy pipeline proposal to overcome* Oceania Dairy pipeline proposal labelled a "cultural abhorrence" * Waimate councillor 'flabbergasted' by Oceania Dairy pipeline proposal * Oceania Dairy wants to discharge 10 million litres a day of treated wastewater into Pacific Ocean

Stott has more than 20 years experience in environmental research and consultancy focussing on wastewater treatment, water quality and health.

My experience with dairy factories is that typically the wastewater treatment plant is only a dissolved air flotation plant but the wastewater treatment being proposed, particularly with UV disinfection, is an advanced kind of treatment being proposed by Oceania.

Typically, UV disinfection is a very good tertiary treatment in deactivating microbial contaminants, particularly microbial pathogens.

Stott said her quantative microbial risk assessment into the proposed pipelines effect on recreational water users was based on the current system without UV filtration and therefore considered conservative.

My risk assessment included modelling that used information from the predicted wastewater dilution from the shore, microbial pathogens detected in the Oceania processing wastewater and other model input variables including the intensity and duration of exposure.

She found that concentrations of three bacterial pathogens detected in the wastewater (Campylobacter, Listeria and Staphylococcus aureus) were unlikely to exceed the dose required to have a 1 per cent risk of infection after dilution in the surrounding environment.

Stott assessed the impact to humans through direct contact, ingestion and inhalation, such as from sea spray on the beach, despite recommendations that very little recreation activity occurs there.

Panel chairman Paul Rogers asked Stott how her analysis would change if the advised level of recreational activity was wrong, or were to change in the future.

Whenever you undertake a human health assessment we always take a precautionary approach and assume somebody could be walking along that coastline so that is the nature of the risk assessment.

The only differences might be if people were in a more immediate vicinity of that wastewater discharge at the output site, however, within my modelling I have taken a conservative approach in that I have not considered any deactivation of pathogens in the marine environment.

John Bisset/Stuff

Commissioner Hoani Langsbury asked why anglers and landowners against the proposal had not been questioned as part of the research into recreational use of the area.

She also eliminated the impact of sunlight in deactivating pathogens that come to the surface, she said.

The limited recreational use of the coast at the proposed site of the pipeline was presented by Rob Greenaway, an accredited recreation professional with Recreation Aotearoa.

The critical thing is the outfall location is in an area thats midway between two significant recreational areas the Waitaki River mouth and, further north, the Waihao River mouth, he said.

The site is 7.5 kilometres north of the Waitaki River and 11km south of Waihao, so the ability to have an impact on either of those sites is very limited.

He noted some recreational use was made of Morgans Beach Road, which has a picnic area and is used by some anglers and quadbikers, but said youd be very brave to swim in the waters along the coast because of dumping waves and the lack of lifeguards.

Having spoken to three anglers, he argued they were unlikely to travel to the beach at Archibald Rd, the proposed site for the pipeline, where fishing is not as good as at the river mouths and access is significantly harder, requiring travel along an unformed road and a scramble down to the beach.

When questioned by commissioner Hoani Langsbury about his interviews, Greenaway conceded he had not spoken to the anglers who had submitted against the proposal, or the landowners along the coast.

He agreed with the panel that landowners may be more likely to fish there due to convenience.

supplied

Map of the coastline where Oceania Dairy proposes to construct its wastewater pipe, including all beach access points.

Langsbury asked whether access to the coast at Archibald Rd would be improved by the construction of the pipeline and would entice more people, but Greenaway did not think that would be the case because there is still little appeal to the site over others along the coast.

He said there were good reasons that a recreation setting had not been developed there.

It would be a lot of work to create and it would be a lot of work to maintain it. I would be very, very surprised if there was any demand, to be honest, for recreation at Archibald Rd.

Panel member Emma Christmas asked whether recreational use may be further reduced if it were to become a discharge site.

The real effects, the potential health effects, are negligible so that is a good starting point, Greenaway said.

There can be perceptional issues, clearly, and that depends on the angler.

Based on my experience people tend to go where there are fish.

See the rest here:

Health impacts of Oceania Dairy's pipeline 'less than minor', hearing told - Stuff.co.nz

New York, July 21, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Automotive Turbocharger Market by Technology, Material, Component, Fuel Type, Application, Vehicle, Aftermarket, Region - Global Forecast to 2025" - https://www.reportlinker.com/p04411875/?utm_source=GNW 5% during the forecast period, where the revenue in 2020 is estimated to be USD 11.1 billion and is projected to reach USD 18.4 billion by 2025. The growth of the automotive turbocharger market is influenced by factors such as upcoming regulation in Asian countries such as China and India, increased production of mild-hybrid vehicles, and increased popularity of TGDI among others. Some of the market restraining factors are the declining share of diesel vehicles, a recent decline in global vehicle production, and possible shift towards electric cars.

Aluminum is estimated to be the fastest-growing material for turbochargers.The automotive turbocharger consists of various components like turbines, turbocharger housing, compressor housing, bearings, and turbocharger shaft.Cast Iron, Aluminum, Stainless Steel, Nickel-based alloys, Titanium-alloys are the essential materials used for the manufacturing of turbochargers.

The durability of turbocharger components at high temperatures depends upon the type of material been used for it. Owing to the light-weighting trend, and the benefits offered by Aluminum over cast iron, the demand for Al is estimated to be the largest in the coming years.

Passenger car segment is estimated as the largest market for turbochargers.

Passenger car is the major market for turbochargers in the vehicle segment, considering the overall production globally. According to ACEA, the passenger car production hit 74.9 million in 2019 and is expected to go beyond ~70-72 million by 2024-2025, with Asia Pacific and North America being the leading regions. In 2019, Asia Oceania passenger car production was around 40.2 million units as compared to 43.8 million units in 2017. In 2019, the Asia Oceania region accounted for 79.4% of the global passenger car production. On the other hand, China accounted for 29.2% of the worldwide passenger car production, which makes Asia Oceania is the largest market for turbochargers.

Asia Oceania to dominate the automotive turbocharger market.

Asia Oceania is estimated to be the largest market for automotive turbochargers.The automotive industry has changed the landscape of the Asia Pacific region.

Increased production of automobiles, the presence of key players such as IHI, continental AG, Mitsubishi heavy industries, BorgWarner have broadened the scope for turbochargers in this region.Chinas passenger car production is estimated to cross 20 million by 2024, with 50% of them already equipped with TGDI now will expand the turbocharger market.

Other emerging economies stress on cleaner vehicles such as Mild hybrid vehicles, and stringent emission norms will positively impact the turbocharger industry in the future.

The study contains insights provided by various industry experts. The break-up of the primaries is as follows: By Company Type: Tier-1 - 70%, Tier-2 - 20%, and OEMs - 10% By Designation: C level Executives- 40 %, Directors 35%, Others- 25% By Region: Asia Pacific 20 %, Europe 50 %, North America -25 %, and RoW 5 %

Note: Others include sales, marketing, and product managers.

Company tiers are based on the value chain; the revenue of the company is not considered.

Tier I are Turbocharger manufacturers, while Tier II are suppliers of turbochargers and its components & materials.

The automotive turbocharger market consists of key manufacturers such as Honeywell (US), BorgWarner (US), MHI (Japan), IHI (Japan), and Continental (Germany). The other players in the turbocharger market are - Bosch Mahle (Germany), Cummins (US), ABB (Switzerland), TEL (India), and Delphi Technologies (UK), Rotomaster International (Canada), Precision Turbo & Engine INC(US), Turbonetics(US), Turbo International (US), Kompressorenabu Bannewitz GMBH(Germany), Turbo Dynamic Ltd.(UK), Fuyuan Turbocharger Co. Ltd.(China), Hunan Tyen Machinery Co. Ltd. (China), Ningbo Motor Industrial Co. Ltd. (China), Calsonic Kansei (Japan).

Research CoverageTechnology segments the automotive turbocharger market (VGT, Wastegate, Electric Turbocharger & Others), Vehicle Type (Passenger car, LCV, Truck, Bus), Off-highway application (Agricultural Tractor, Construction Equipment), Fuel Type (Gasoline, Diesel and CNG/Alternate Fuel), By Material (Cast Iron, Aluminum, & Others), Aftermarket (Light duty and Heavy duty vehicle), and Region ((Asia Oceania (China, India, Japan, South Korea, Indonesia, Thailand, and others), Europe (Germany, Spain, Turkey, France, Russia, UK, Italy, Poland, Slovakia, others), North America (Canada, Mexico, US), Row (Brazil, South Africa, Iran, Argentina RoW others)).

Reasons to Buy the Report:

This report provides insights concerning the following points: Technology-wise market sizing & forecast of automotive turbochargers, which is split further into regions. The study would also give the future trend of electric turbochargers, with the growth of mild-hybrid vehicles The automotive turbochargers market is also discussed in terms of materials used in the turbochargers at present, and material shift which would be observed in coming years Another aspect covered in the study is the analysis of the turbocharger market in terms of fuel type. The report discusses on change in fuel types historic vs. present and which fuel type would be preferred in coming years The demand for turbochargers is analyzed further for On- & Off-Highway vehicles. The demand for turbochargers in On-Highway vehicle type is discussed at the country-level, whereas the OHV turbocharger demand is addressed at the regional level. The study also discusses the aftermarket potential of automotive turbochargers in light-duty and heavy-duty vehicles. The report covers Competitive Leadership Mapping (micro-quadrant analysis) on the major players that offer automotive turbochargers in the global market.

Read the full report: https://www.reportlinker.com/p04411875/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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The global automotive turbocharger market size is expected to grow at a CAGR of 10.5% - GlobeNewswire

The "Automotive Lightweight Material Market by Material (Metal, Composite, Plastic, Elastomer), Application & Component (Frame, Engine, Exhaust, Transmission, Closure, Interior), Vehicle Type (ICE, Electric & Hybrid), Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global automotive lightweight material market post COVID-19 is estimated to grow from USD 69.7 billion in 2020 to USD 99.3 billion by 2025, at a CAGR of 7.3%.

Factors contributing to the growth of automotive lightweight material can be attributed to stringent emission and fuel economy regulations. Moreover, advancement in automotive and technology enabling reduced material usage will increase the demand for automotive lightweight material in the coming years.

With progression in time, the COVID-19 impact has severely disrupted the supply chain for the entire automotive ecosystem. This has halted production facilities across the globe resulting in a disruption in the exports of the automotive components. This scenario is expected to affect automotive lightweight material market, as the growth of the market is directly related to the production of the vehicles. The global production of vehicle pre-COVID-19 was expected to reach from ~90-95 million units in 2020 to ~110-115 million units by 2025. According to OICA, though global vehicle production declined by 5.2% between 2018-2019, the production outlook was supposed to showcase significant growth from 2021-2022 owing to multiple steps taken by OEMs, as well as some government, to attract customers.

Stringent emission and fuel economy regulations will drive the automotive lightweight material market

The automotive lightweight material market post COVID-19 is estimated to grow from USD 69.7 billion in 2020 to USD 99.3 billion by 2025, at a CAGR of 7.3% during the forecast period. The increasing demand for lightweight materials is driven by the rising usage of electric vehicles and stringent emission norms & fuel economy regulations. Several OEMs have set targets for CO2 reduction in the coming years.

Instrument panel is the fastest growing market, by component

The instrument panel is projected to be the fastest-growing segment in the automotive lightweight material market. With the increasing demand for lighter interior cabins from car buyers, OEMs plan to use lightweight materials in interior applications. Hence, OEMs are jointly working with component manufacturers and material providers to develop improved and lighter components. As the interior cabin contributes significantly to the overall vehicle weight, the use of lightweight materials in the cabin can help in vehicle weight reduction. Hence, the instrument panel is projected to be the fastest-growing market for automotive lightweight material.

North America is estimated to be the fastest-growing market for automotive lightweight materials, followed by Asia Oceania

North America is expected to be the fastest-growing market for automotive lightweight materials. The Corporate Average Fuel Economy (CAF) standards have compelled OEMs to enhance their vehicle lightweighting efforts. The domestic demand for passenger cars has increased due to low gas prices and low-interest rates. The demand for light trucks and vans has also witnessed rapid growth in the region. Asia Oceania, on the other hand, has seen increased usage of HSS and Aluminum, especially in the low and mid-segment vehicles. China is the fastest-growing market for automotive lightweight materials in the Asia Oceania region. Factors such as low production cost, abundant availability of metals, and safety norms have driven market growth in the region. The sale of automotive lightweight materials is projected to increase in different regions during the forecast period.

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/9nr4fq

View source version on businesswire.com: https://www.businesswire.com/news/home/20200721005403/en/

Contacts

ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900

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Global Automotive Lightweight Material Market (2020 to 2025) - Upward Trend of Vehicle Electrification Presents Opportunities - ResearchAndMarkets.com...

Global vehicle production and growing commercial vehicle demand to fuel the metal forming market for automotive

NEW YORK, July 21, 2020 /PRNewswire/ --

Read the full report: https://www.reportlinker.com/p05492026/?utm_source=PRN

The metal forming market for automotive is projected to grow at a CAGR of 3.2% from 2020 to 2025, to reach USD 202.23 billion by 2025 from USD 172.56 billion in 2018. The market is projected to rise owing to key reasons such as increasing vehicle production and growing demand for commercial vehicles.On the other hand, the major factor hindering the growth of the metal forming market is the high capital cost of forming equipment.

Hydroforming market is projected to show the fastest growth by forming technique segmentHydroforming is one of the most advanced forming techniques used in the automotive industry.It is generally used to manufacture hollow tube structures such as manifolds, exhaust cones, and a few suspension components.

As hydroforming is comparatively expensive, it is mostly used by premium car manufacturers.Due to the increasing market share of premium car manufacturers, hydroforming is expected to grow at the fastest rate.

It is an advanced technique and requires a high setup cost as well as high operating cost, because of which it is expected to have a significant market in Europe and North America.

Cold forming is estimated to be the largest market by forming type and is projected to maintain its position in the forecast periodCold forming is one of the most conventional manufacturing processes in which components are formed using different types of forming techniques at room temperature and do not require any additional handling and carrying.The cold forming process is simpler than the hot forming process and does not require any additional setup cost.

Hence, the overall cost of cold forming is low as compared to hot forming. Because of the advantages such as cost and low production time, cold forming is the major preference of OEMs across the globe.

Asia Oceania and North America are estimated to drive the metal forming market for automotiveThe Asia Oceania region is projected to lead the metal forming market for automotive during the forecast period owing to the large-scale vehicle production compared to other regions.According to OICA (Organisation Internationale des Constructeurs d'Automobiles), Asia Oceania contributed about 5055% of the global vehicle production in 2019.

Vehicle production in Asia Oceania has grown substantially in the last 10 years.This increase in production comes from small and mid-sized cars in China and India as these two countries have the largest population and are price-sensitive markets.

With the increase in the production of vehicles, the demand for metal forming for automotive grew at a significant rate in Asia Oceania.This growth may have been derailed in 2020 owing to the COVID-19 outbreak.

However, as per estimates, the Asia Oceania will witness growth in the forecast period owing to the successful containment of the virus in countries such as China, Japan, and South Korea. North America is expected to be the fastest growing metal forming market for automotive. The North American region comprises countries with significant vehicle production such as Canada, Mexico, and the US. The US is the major contributor, i.e., it contributed around 65% of the overall vehicle production in North America in 2019. The North American metal forming market is dominated by key players such as the Tower International (US), Magna (Canada), and Kirchhoff Automotive (US).

The study contains insights provided by various industry experts. The break-up of the primaries is as follows: By Company Type Tier-1 - 55%, Tier-2 - 15%, and OEMs - 30% By Designation C level - 45 %, Director level - 34%, and Others - 21% By Region North America - 25%, Europe - 35%, Asia Oceania - 25%, and RoW - 15% The key companies profiled in the study are Magna (Canada), Benteler (Germany), Tower International (UK), Toyota Boshoku (Japan), Aisin Seiki (Japan), Kirchhoff (US), CIE Automotive (Spain), Mills Products (US), VNT Automotive (Austria), Superform Aluminum (US), and Hirotec (Japan).

Research CoverageThe report covers the metal forming market for automotive. It is broadly segmented by region (Asia Pacific, Europe, North America, South America and Middle East and Africa), Technique type (Roll forming, Stretch forming, Stamping, Deep drawing, Hydroforming, and Others), Forming types (Cold forming, Warm forming and Hot forming), Material type (Steel, Magnesium and Aluminum), Application type (BIW, Chassis and Closures), Vehicle type (Passenger car, LCV, Truck, and Bus), and Electric & Hybrid vehicle type (BEV, PHEV, and FCEV).

Reasons to Buy the Report:

The report provides insights with reference to the following points: Market Size: The report gives in-depth market sizing and forecasts up to eight years with third level segmentation. Market Development: The report provides comprehensive information about lucrative emerging markets. The report analyzes the metal forming market for automotive across regions. Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the metal forming market for automotive. Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the metal forming market for automotive. The report has covered country level market by forming technique Metal forming market for Electric and Hybrid vehicle In customization, we have covered the segment of application by forming technique Company profiled: The report provides detailed information and in-depth analysis of key players of metal forming market for automotive based on their business strategy excellence and strength of product portfolio.

Read the full report: https://www.reportlinker.com/p05492026/?utm_source=PRN

About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

Contact Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

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The metal forming market for automotive is projected to grow at a CAGR of 3.2% from 2020 to 2025, to reach USD 202.23 billion by 2025 from USD 172.56...

An aviation maintenance firm which services thousands of aircraft has been allowed to reopen facilities shut down over safety fears.

Oceania Aviation Photo: Oceania Aviation

The Civil Aviation Authority grounded 21 helicopters in March because of issues with the way Oceania Aviation was repairing Rolls Royce engines.

The authority said the company was not following Rolls Royce's instructions for maintenance which was affecting the airworthiness of aircraft.

The aircraft were used in the tourism, agriculture and forestry sectors - with helicopters in Australia, Indonesia and Papua New Guinea also affected.

Oceania Aviation said the authority has confirmed it had made all necessary changes and the turbine shop could resume operations.

Chief executive Nick Mair said it was welcome news for staff and customers.

"I am confident that with the new structure and processes that we have put in place we can continue to raise the bar in terms of delivering our valued customers the highest quality [maintenance] possible," he said.

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Aviation maintenance firm allowed to reopen - RNZ

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Oceania Healthcare (NZSE:OCA) has had a great run on the share market with its stock up by a significant 24% over the last three months. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to study its financial indicators more closely to see if they had a hand to play in the recent price move. Particularly, we will be paying attention to Oceania Healthcare's ROE today.

Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

See our latest analysis for Oceania Healthcare

The formula for return on equity is:

Return on Equity = Net Profit (from continuing operations) Shareholders' Equity

So, based on the above formula, the ROE for Oceania Healthcare is:

9.5% = NZ$59m NZ$618m (Based on the trailing twelve months to November 2019).

The 'return' is the income the business earned over the last year. Another way to think of that is that for every NZ$1 worth of equity, the company was able to earn NZ$0.10 in profit.

So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a companys earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that dont share these attributes.

On the face of it, Oceania Healthcare's ROE is not much to talk about. However, given that the company's ROE is similar to the average industry ROE of 9.5%, we may spare it some thought. On the other hand, Oceania Healthcare reported a moderate 8.2% net income growth over the past five years. Given the slightly low ROE, it is likely that there could be some other aspects that are driving this growth. For instance, the company has a low payout ratio or is being managed efficiently.

We then performed a comparison between Oceania Healthcare's net income growth with the industry, which revealed that the company's growth is similar to the average industry growth of 8.2% in the same period.

The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Oceania Healthcare is trading on a high P/E or a low P/E, relative to its industry.

The high three-year median payout ratio of 50% (or a retention ratio of 50%) for Oceania Healthcare suggests that the company's growth wasn't really hampered despite it returning most of its income to its shareholders.

Story continues

While Oceania Healthcare has seen growth in its earnings, it only recently started to pay a dividend. It is most likely that the company decided to impress new and existing shareholders with a dividend. Our latest analyst data shows that the future payout ratio of the company over the next three years is expected to be approximately 56%. Still, forecasts suggest that Oceania Healthcare's future ROE will drop to 7.1% even though the the company's payout ratio is not expected to change by much.

In total, it does look like Oceania Healthcare has some positive aspects to its business. That is, quite an impressive growth in earnings. However, the low profit retention means that the company's earnings growth could have been higher, had it been reinvesting a higher portion of its profits. Having said that, on studying current analyst estimates, we were concerned to see that while the company has grown its earnings in the past, analysts expect its earnings to shrink in the future. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.

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Has Oceania Healthcare Limited's (NZSE:OCA) Impressive Stock Performance Got Anything to Do With Its Fundamentals? - Yahoo Finance