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Items filtered by date: Tuesday, 02 December 2014

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Friday, 30 September 2016 09:06

Uflex reports success for Flexfresh at Asia Fruit Logistica

Uflex and Perfotec showcased Flexfresh Liner Bags in Asia Fruit Logistica 2016 following reported success with the product in several other regions including New Zealand.  

Teams from Uflex and Perfotec showcased the Active Modified Atmospheric Packaging (MAP) technology to over 100 companies in the Asian Region explaining the open architecture technology for Shelf Life Extension. Speaking during the show, Bas Groeneweg, chief executive Perfotec said: “I am honored to present the Fast Respiration Meter to the Asian Fresh Produce industry for them to benefit from the Shelf Life extension solution brought together by Perfotec and Uflex.” 

“Several trials have been set up at New Zealand, Australia, China, Hong Kong, Malaysia and India for a wide variety of Tropical produce.”  “Flexfresh is the only Liner Bag in the world which is Biodegradable by composting giving Total Sustainable Solution in the supply chain for fresh produce. With almost negligible weight loss and Touch Dry products, this shelf life extension is the best possible amongst the options available till date”, explained N. Siva Shankaran, vice president, Flexfresh at Uflex. 

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Published in OFF THE WIRES
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Friday, 30 September 2016 08:59

Okuma Welcomes System Insights as Newest Member of Partners in THINC

Okuma America Corporation, a world-leader in CNC machine tools announces that System Insights Inc. is the newest member to join Partners in THINC. System Insights provides technology for Smart Factory, Industry 4.0, and IIoT client initiatives.  They are a leader in providing technology to connect assets that monitor, analyze, and optimize the factory floor for improved operational performance.

VIMANA by System Insights securely connects to factory assets using MTConnect and OPC UA. It enriches and analyzes machine data to provide real-time visibility and actionable insights for improved control over operations. VIMANA integrates with mission critical systems to optimize processes to improve productivity, maximize asset performance, and reduce resource consumption."The partnership with Okuma offers a strategic opportunity for System Insights to provide customers increased asset connectivity,

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Published in OFF THE WIRES
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Friday, 30 September 2016 08:54

Ausnutria to Form the Joint Venture with Westland in New Zealand

HONG KONG, Sept 29, 2016 - (ACN Newswire) - Ausnutria Dairy Corporation Ltd ("Ausnutria" or the "Company", together with its subsidiaries, the "Group"; stock code: 1717.HK), a dairy company which specializes in the manufacture and distribution of infant formula with production facilities based in the PRC and the Netherlands, is pleased to announce today that Ausnutria and Westland, the second largest dairy co-operative in New Zealand, will form a Joint Venture to establish a new manufacturing plant at Rolleston in New Zealand for the production and sale of dairy based powder products, including infant milk powder, follow-up formulation and other nutrition products for kids and adults (the "Business"). The new manufacturing plant is designed with an annual production capacity of 30,000 tons and expected to be completed at the end of 2017. According to the plan, the first phase of the manufacturing plant is equipped with an annual production capacity of 15,000 tons.

Taking into account the amount of capital to be invested and the provision of the Shareholder Loan to the Joint Venture, total investment by Ausnutria in the Business is up to NZD36.5 million (equivalent to approximately RMB177.0 million).

Ausnutria China, an indirect wholly-owned subsidiary of the Company, and Westland entered into the Joint Venture Agreement for the purpose of establishing the Business in New Zealand. According to the agreement, Ausnutria China shall invest capital in the amount of  .  .  .  Continue to article

Published in OFF THE WIRES
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Friday, 30 September 2016 07:55

BNZ Weekly Overview with Tony Alexander

Weekly Overview 29 September 2016This week we discuss the way our export dependence upon agriculture retards long-term growth in NZ’s economy and incomes when compared with many other countries. The absence of any fear that our meat and dairy sectors will ever be relocated offshore directs attention toward deeper and deeper efforts to open new markets for the same old products rather than investing in new ones and owning the chains for distributing them globally.

Download the report here

Published in FROM INDUSTRY
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Thursday, 29 September 2016 12:36

Steel industry makes quality certification compulsory

The Steel Fabricator Certification (SFC) qualification will soon be mandatory for all Steel Construction New Zealand (SCNZ) fabricator members.

Launched in 2014, SFC is an industry-led quality assurance scheme that aims to reduce risk for specifiers. It ensures participating structural steel fabricators are capable of manufacturing product to the specified quality standard by certifying that companies have the appropriate personnel and quality management systems in place.

Members of industry organisation SCNZ voted unanimously to introduce the compulsory requirement at its AGM in Napier on September 16. Bob Hawley, SCNZ Chair and Managing Director of structural steel fabricator Red Steel Limited, says: "New Zealand’s structural steel fabricators have shown overwhelming support for the SFC scheme and to raising industry standards. We are committed to providing compliant product of the highest quality for building and infrastructure projects up and down the country.  "This new resolution means that SCNZ membership will be much more than simply paying an annual fee; members will first have to qualify then ensure they maintain their standard," says Mr Hawley.

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Published in OFF THE WIRES
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Thursday, 29 September 2016 10:37

Innovation key to shaping Bank’s past and future

The Reserve Bank's Annual Report 2015-16 demonstrates the Bank's commitment to innovation as it continues to promote a sound and dynamic monetary and financial system, Governor Graeme Wheeler said today.

Mr Wheeler said the Reserve Bank's activities affect New Zealanders' lives in many ways, including: supplying the currency they use, making decisions on the Official Cash Rate that affect their borrowing costs and return on savings; providing services to allow financial institutions to settle payments between one another, as well as regulating banks, finance companies and insurers.

"This Annual Report provides information on progress across our various statutory functions, as well as work underway to further enhance the Bank's capacity to respond to the challenging environment.”

Features of the 2015-16 financial year included:

· The Bank ensured that monetary policy was consistent with the Reserve Bank Act and Policy Targets Agreement.· The new Series 7 Banknotes were released into circulation, with the $5 note winning a prestigious international banknote design award.· The Prudential Supervision department undertook a review of bank prudential regulation, which resulted in consultations on an enhanced disclosure framework and greater clarity around the policy-making process.· The Macro-Financial and Prudential Supervision departments worked with banks on the development of a comprehensive stress-testing framework.· Considerable work was undertaken on the new loan-to-value restrictions which commence on 1 October. Preliminary work was also undertaken on debt-to-income ratios.· The Bank’s financial management systems architecture was finalised and is being implemented.· Significant progress was made with major projects to replace and improve the Bank’s payments and settlement systems.· The Bank further developed its high-performance framework, as well as leadership and management competencies.· The Bank spent a net $54.1 million on activities covered by its Funding Agreement, made a surplus of $52 million, and paid a $140 million dividend to the Crown.

The Annual Report features a section that highlights some of the innovative security features incorporated in the Series 7 Brighter Money banknotes. It also includes an historical look at how innovation has helped to shape Bank processes and systems through the years.

The Bank's Annual Report is available as both an online, interactive document at annualreport.rbnz.govt.nz and as a downloadable PDF (PDF 5.28MB).

 

 

 

Published in NewsLine
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Thursday, 29 September 2016 10:26

Rick Smith of Sutton Tools Elected President of the NZMEA

Rick Smith of Sutton Tools Elected President of the NZMEA

Rick Smith, Operations Manager of Sutton Tools (NZ), has been elected as the New Zealand Manufacturers and Exporters Association (NZMEA) President at the Association’s 137th AGM. Rick takes over the helm from Tom Thomson, who completed his two year term as President, say the New Zealand Manufacturers and Exporters Association (NZMEA).

The office holders of the NZMEA are now:   President: Rick Smith, Operations Manager, Sutton Tools (NZ) Ltd.   Senior Vice President: Trevor Edwards, Managing Director, Superheat Ltd.   Junior Vice President: Greg Thompson, Chief Executive, Footscience Intnl Ltd.   Immediate Past President: Tom Thomson, Managing Director, EPL.

NZMEA Chief Executive Dieter Adam says, “I would like to express gratitude to Tom Thomson for his two years of service as President of the NZMEA. Tom has shown extraordinary dedication and put a significant amount of time and effort into a range of activities within his term.

“We are pleased to have Rick Smith move into the role of President, and are excited to keep working to represent and advocate for manufacturers and exporters under his leadership." said Dieter.

President Rick Smith said, “I am looking forward to being in the role of President of the NZMEA. The Association has a long history of serving the needs of New Zealand manufacturers. These are challenging times for manufacturers and exporters and we will continue to support our members with representation, training and advice. We are committed to raising the awareness of the importance of manufacturing for New Zealand’s long term future and will continue our role as a voice for manufacturers across the country.”

Past President Tom Thomson said, “I am proud of the progress we have made in the last two years. There have been some improvements for manufacturers and exporters generally, with many reporting better sales and outcomes than in previous years. However, we still face a number of challenges and uncertainties looking forward - I am confident the NZMEA will continue its work to improve conditions for manufacturers and exporters. New Zealand has to create a more productive and high value economy, with a strong manufacturing base providing well paid jobs and export income, to truly raise living standards for Kiwi’s.”

Published in Featured Articles
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Thursday, 29 September 2016 10:22

C.H. Robinson expands global network to tap e-commerce

ORLANDO, Florida — With the acquisition of APC Logistics nearly complete, C.H. Robinson Worldwide is living up to its name, increasingly looking overseas for new routes to global markets. The APC acquisition gives the $13.5 billion company a bigger presence in Australia and ports such as Napier, New Zealand. At the same time, the largest US logistics provider is pushing boundaries in Europe, naming a new transportation operations director and opening shop in Slovakia.

At $225 million, the APC Logistics buyout is the largest acquisition by C.H. Robinson since the $635 million acquisition of Phoenix International in 2012.

“We’re primarily a North American company that has been expanding in Europe and Asia,” Chairman and CEO John Wiehoff told JOC.com Tuesday. “We think we can extend our global presence and global network into other parts of the world, deeper into Asia and deeper into Eastern Europe. It’s a key part of our growth strategy and has been for 20 years.”

C.H. Robinson, with roots in the US produce and truckload markets stretching back to 1905, has been building international business for decades, but its 2012 acquisition of Phoenix International gave the Minneapolis-based non-asset transport operator a serious boost.

“That resulted in an approximate doubling of our (ocean container) volumes” post-acquisition, Wiehoff said in an interview at the 2016 Council of Supply Chain Management Professionals conference here. “We’ve had double-digit growth over the last four years, and we’re now north of half a million TEUs [20-foot-equivalent units] in the [non-vessel-operating common carrier] business,” he said.

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Published in OFF THE WIRES
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Thursday, 29 September 2016 09:07

Webinar: Revenue from improved trade waste co-digestion

The Bioenergy Association invites owners and operators of waste water treatment plant or anyone interested getting their trade waste processed instead of disposing to landfill to attend this webinar.

The focus of this webinar will be to:

  • Outline the process of recuperative thickening
  • Discuss how the processing of trade waste in WWTP can improve WWT costs.
  • Outline how biogas technologies can be a significant tool for local government to contribute to greenhouse gas emission reduction by reducing emissions of methane to air (Methane is like CO2 on steroids)
  • Provide an opportunity to engage with other webinar attendees on the opportunities for methane reduction from municipal liquid waste

Registration at this webinar is FREE courtesy of EECA Business however registration is essential to be able to access the event. 

Download the flyer here > 

Published in FROM INDUSTRY
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Thursday, 29 September 2016 08:23

New cache management approach boosts application speeds by 9.5 percent

A new technique called Dense Footprint Cache (DFC) can boost application speed and cut energy use.   By improving the efficiency with which computer processors find and retrieve the data they need from memory, researchers from Samsung Electronics and North Carolina State University (NC State) have given computer applications a speed boost of over nine percent, while reducing energy use by over four percent.

Though computers store all data to be manipulated off-chip in main memory (aka RAM), data required regularly by the processor is also temporarily stored in a die-stacked DRAM (dynamic random access memory) cache that allows the data to be retrieved more quickly. This data is stored in large blocks, or macroblocks, that allows the processor to locate the data it needs, but means additional, unwanted data contained in the macroblocks is also retrieved, wasting time and energy.

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Published in OFF THE WIRES
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Palace of the Alhambra Spain

Palace of the Alhambra, Spain

By: Charles Nathaniel Worsley (1862-1923)

From the collection of Sir Heaton Rhodes

Oil on canvas - 118cm x 162cm

Valued $12,000 - $18,000

Offers invited over $9,000

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

 

Mount Egmont with Lake

Mount Egmont with Lake 

By: John Philemon Backhouse (1845-1908)

Oil on Sea Shell - 13cm x 14cm

Valued $2,000-$3,000

Offers invited over $1,500

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

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