- Email: [email protected]
US$4.5 million cleanroom contract for Daw
Filtration Industry Analyst
April 1997
ECONOMIC REVIEW The reduction in growth in the Thai economy, evident at the end of fiscal 1996, looks set to continue well into 1997. While the economy is stable, it is not showing any signs of recovery and the slowing has yet to bottom out. The rate of decline recorded at the end of last year was far more significant than many analysts had expected, and as yet, there is no sign of the economic downturn levelling off. The unexpectedly sharp decline led 1996 real gross domestic product (GDP) growth to fall to 6.6 per cent, compared with 8.6 per cent in 1995. Significantly, manufacturing production growth fell to 4.1 per cent during November of 1996, its lowest level since 1992. This compared with growth of 10.5 per cent in October of the same year. Recently released data indicate that manufacturing growth for December managed to recover slightly to 4.8 per cent. Private investment, having made a slight recovery during 1996, also fell back into decline during December. While exports in the AsiaPacific region continue to pick up, Thailand's overall export performance remains sluggish, with little evidence of any sign of revival. The fall offin exports was mirrored by a decline in imports, leading to an improvement in the current account deficit. Important export markets for the Thai economy include the U S A , Japan, Singapore and Hong Kong while major import suppliers include Japan, the USA, Germany and Singapore. Thailand's trade and current account deficits are expected to remain generally unchanged in 1997, with improvements forecast for 1998. Significant military spending cutbacks are planned for 1997 and beyond, which should also cut the level of imports. This move has been wel-
IB
comed by analysts, as a sign that the government is attempting to tackle the country's economic difficulties. Finance minister Amnvay Viravan is also anxious to stabilise the property market and liberalise inefficient sectors of the economy. However, despite the doom and gloom, the Thai economy is still considered stable with GDP growth of 7 per cent forecast for 1995, while 1997 inflation is expected to stay under 5 per cent.
EXCHANGE RATES AGAINST THE US DOLLAR Date: 21 March 1997 COUNTRY
RATE
Australia
A$1.27
Austria
Sch 11.85
Belgium
BFr34.73
Canada
C$1.38
China
Yn8.29
Denmark
DKr6.41
Finland
FM5.03
France
FFr5.68
Germany
DM1.68
India
Rs35.88
Italy
L1686.05
Japan
¥ 122.43
Malaysia
Rt2.48
Netherlands
FI 1.89
Norway
NKr6.68
Philippines
Peso26.34
Singapore
S$1.45
South Africa
R4.43
South Korea
Won869.5
Spain
Pta142.95
Sweden
SKr7.62
Switzerland
SFr1.45
Taiwan
T$27.54
Thailand
Bt25.95
UK
£0.62
USA
US$1.00
ECU
ECU0.87
CONTRACTS Joseph Jensen filtration plant in Granada Hills and the Henry J Mills plant in Riverside with ozone treatment facilities. Commenting on the approval, John Memtec Ltd has been R Wodraska, general manager awarded a contract to supply of MWD, said that the action continuous microfiltration for was part of a comprehensive the upgrading of the water quality programme that Tauranga plant in New Zea- will continue to upgrade Southland's north island. ern California's drinking water The contract is worth in supplies, while addressing fuexcess of US$4 million. ture drinking water regulations. When completed, the facility The, new treatment process will at Tauranga will be the larg- use ozone and PEROXONE est micro filtration drinking which is a blend of ozone and water plant in the southern hydrogen peroxide pioneered by Metropolitan, to disinfect hemisphere. Memtec is a global materi- supplies. MWD has successals sciences-based purification fully tested the performance of and separation business with both at a state-of-the-art demonoperations in the United States, stration plant located at the FE Europe and Asia Pacific. Prod- Weymouth filtration plant in La ucts are sold under the Memcor, Verne since 1992. Filterite, Fluid Dynamics and Seitz brand names. KRAUSS MAFFEI
M E M T E C WINS US$4 MILLION ORDER
MEXICAN ORDER FOR IONICS
WINS CENTRIFUGE ORDER
Ionics RCC, a division of Ion- Krauss Maffei (UK) Limited ics Incorporated, has received has won an order from a US$3 million contract from ADM Ringaskiddy of Cork, ATLATEC SA de CV of Mex- Ireland for a second H2 ico to supply a zero liquid dis- 125/3.2si centrifuge. charge wastewater system at ADM's first centrifuge was PEMEX's Cadereyta Refin- supplied by Krauss Maffei ery Complex in Mexico. in 1992 for food processing The system will include an applications. Ionics RCC brine concentrator and crystallizer and will treat US$4.5 MILLION approximately 170 000 gallons per day of wastewater at the CLEANROOM refinery. C O N T R A C T FOR
DAW MWD APPROVES WATER TREATMENT RETROFIT
Daw Technologies Inc has been awarded a US$4.5 million contract to supply a Class 100 fab in Malaysia with a total system solution, comprisThe board of directors of Met- ing filter units, a ceiling ropolitan Water District of system, walls and flooring. Daw provides ultraclean Southern California (MWD) has approved plans to intro- manufacturing environments, duce a new water treatment specialising in the design, method at two district filtra- manufacture and installation of cleanrooms. This is Daw's tion plants. MWD is to proceed with first significant business in plans to retrofit the district's Malaysia.
April 1997
ECONOMIC REVIEW The reduction in growth in the Thai economy, evident at the end of fiscal 1996, looks set to continue well into 1997. While the economy is stable, it is not showing any signs of recovery and the slowing has yet to bottom out. The rate of decline recorded at the end of last year was far more significant than many analysts had expected, and as yet, there is no sign of the economic downturn levelling off. The unexpectedly sharp decline led 1996 real gross domestic product (GDP) growth to fall to 6.6 per cent, compared with 8.6 per cent in 1995. Significantly, manufacturing production growth fell to 4.1 per cent during November of 1996, its lowest level since 1992. This compared with growth of 10.5 per cent in October of the same year. Recently released data indicate that manufacturing growth for December managed to recover slightly to 4.8 per cent. Private investment, having made a slight recovery during 1996, also fell back into decline during December. While exports in the AsiaPacific region continue to pick up, Thailand's overall export performance remains sluggish, with little evidence of any sign of revival. The fall offin exports was mirrored by a decline in imports, leading to an improvement in the current account deficit. Important export markets for the Thai economy include the U S A , Japan, Singapore and Hong Kong while major import suppliers include Japan, the USA, Germany and Singapore. Thailand's trade and current account deficits are expected to remain generally unchanged in 1997, with improvements forecast for 1998. Significant military spending cutbacks are planned for 1997 and beyond, which should also cut the level of imports. This move has been wel-
IB
comed by analysts, as a sign that the government is attempting to tackle the country's economic difficulties. Finance minister Amnvay Viravan is also anxious to stabilise the property market and liberalise inefficient sectors of the economy. However, despite the doom and gloom, the Thai economy is still considered stable with GDP growth of 7 per cent forecast for 1995, while 1997 inflation is expected to stay under 5 per cent.
EXCHANGE RATES AGAINST THE US DOLLAR Date: 21 March 1997 COUNTRY
RATE
Australia
A$1.27
Austria
Sch 11.85
Belgium
BFr34.73
Canada
C$1.38
China
Yn8.29
Denmark
DKr6.41
Finland
FM5.03
France
FFr5.68
Germany
DM1.68
India
Rs35.88
Italy
L1686.05
Japan
¥ 122.43
Malaysia
Rt2.48
Netherlands
FI 1.89
Norway
NKr6.68
Philippines
Peso26.34
Singapore
S$1.45
South Africa
R4.43
South Korea
Won869.5
Spain
Pta142.95
Sweden
SKr7.62
Switzerland
SFr1.45
Taiwan
T$27.54
Thailand
Bt25.95
UK
£0.62
USA
US$1.00
ECU
ECU0.87
CONTRACTS Joseph Jensen filtration plant in Granada Hills and the Henry J Mills plant in Riverside with ozone treatment facilities. Commenting on the approval, John Memtec Ltd has been R Wodraska, general manager awarded a contract to supply of MWD, said that the action continuous microfiltration for was part of a comprehensive the upgrading of the water quality programme that Tauranga plant in New Zea- will continue to upgrade Southland's north island. ern California's drinking water The contract is worth in supplies, while addressing fuexcess of US$4 million. ture drinking water regulations. When completed, the facility The, new treatment process will at Tauranga will be the larg- use ozone and PEROXONE est micro filtration drinking which is a blend of ozone and water plant in the southern hydrogen peroxide pioneered by Metropolitan, to disinfect hemisphere. Memtec is a global materi- supplies. MWD has successals sciences-based purification fully tested the performance of and separation business with both at a state-of-the-art demonoperations in the United States, stration plant located at the FE Europe and Asia Pacific. Prod- Weymouth filtration plant in La ucts are sold under the Memcor, Verne since 1992. Filterite, Fluid Dynamics and Seitz brand names. KRAUSS MAFFEI
M E M T E C WINS US$4 MILLION ORDER
MEXICAN ORDER FOR IONICS
WINS CENTRIFUGE ORDER
Ionics RCC, a division of Ion- Krauss Maffei (UK) Limited ics Incorporated, has received has won an order from a US$3 million contract from ADM Ringaskiddy of Cork, ATLATEC SA de CV of Mex- Ireland for a second H2 ico to supply a zero liquid dis- 125/3.2si centrifuge. charge wastewater system at ADM's first centrifuge was PEMEX's Cadereyta Refin- supplied by Krauss Maffei ery Complex in Mexico. in 1992 for food processing The system will include an applications. Ionics RCC brine concentrator and crystallizer and will treat US$4.5 MILLION approximately 170 000 gallons per day of wastewater at the CLEANROOM refinery. C O N T R A C T FOR
DAW MWD APPROVES WATER TREATMENT RETROFIT
Daw Technologies Inc has been awarded a US$4.5 million contract to supply a Class 100 fab in Malaysia with a total system solution, comprisThe board of directors of Met- ing filter units, a ceiling ropolitan Water District of system, walls and flooring. Daw provides ultraclean Southern California (MWD) has approved plans to intro- manufacturing environments, duce a new water treatment specialising in the design, method at two district filtra- manufacture and installation of cleanrooms. This is Daw's tion plants. MWD is to proceed with first significant business in plans to retrofit the district's Malaysia.