industry leaders magazine march 2011 issue

www.industryleadersmagazine.com March 2011

www.industryleadersmagazine.comMarch 2011


The TeamEditorial

Richard Meryn, Associate Editor

Vrushti Mawani, News Editor

Aubrey Chang, Associate Editor

Christy Gren, Industry Specialist Reporter

Kevin Paul, Sr. Graphic Designer

Patrick Jam, Advertising Coordinator

Zaina Ava, Design Associate

Tom Parker, Project Director

May Solin, Channel Associate

Ana Brinkley, Brand Manager

Carrie Ann, Editor-in-Chief

Jani V., Art Director / Creative Head

Jason Miller, Project Director

Fred Berkeley, Marketing Director

Design

Project Management

Marketing

RR Baratiya

Finance Controller

Le Manh Cuong, Sr Software Coordinator

Julia Hunt, Magazine Production

John Hancock, Head - Web Department

Technology

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The London Stock Exchange and the TMX Group, the parent company of the Toronto Stock Exchange, announced an all-share merger recently. If approved by shareholders, the combined exchange would form what would probably be the largest market for mining and natural resource stocks. Deutsche Börse and NYSE Euronext have admitted that they are in advanced talks to merge their operations, a move which would create the world's largest owner of equities and derivatives markets and secure a bigger slice of a booming derivatives market. Also, Singapore Exchange Limited (SGX) and ASX Limited, operator of the Australian Securities Exchange, announced changes to their merger proposals during mid Feb in a bid to boost the deal's chances of getting regulatory approval in Australia. These are the most happening news hitting the business boards recently.

While there are mixed feelings amongst the media analysts with regards to the advantages or disadvantages of the merger wave, it certainly underscores the dynamic forces that are driving developments across the world's major licensed exchange market operators. On a simple note, we see it as a big step to make the world smaller.

March Issue will also be of interest to automobile enthusiasts. The world’s most expensive cars have been listed in our ‘wow quotient’.

Carrie Ann

Editor-in-Chief.

Industry Leaders Magazine.

Editor’s Blogby Carrie-Ann

March 2011 www.industryleadersmagazine.com

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ContentsFeatures

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Cover StoryThe Rise of Titanic Exchanges. Some of the World's most powerful markets merge to grow stronger...First ASX and SGX, then LSE and TMX, and the latest, NYSE Euronext and Deutsche Borse; some of the world's biggest exchanges seem to be in the mood to get pally - consolidate and create economies of mammoth scales... check out the details...

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The High with A Soul. Karlsson's Gold VodkaA Dirty Drink that is based on going against Vodka's obsession with "purity"...

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The Out-Smarted Market of Connecting People. Nokia Teams up with MicrosoftWith its strongly established brand dominance, now challenged by Apple and Google, Nokia opens a new window

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Contents

Origin EnergyEurope's leader in renewable energy, Statkraft develops and generates hydropower, wind power, gas power and district heating, and is a major player on the European energy

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StrabagBeen building the world's infrastructure for more than 85 years, Caterpillar has helped drive positive and sustainable change on every continent.

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RegulaRs

The Latest in Business.

Toys for the BIG Boys

The WOW ! QuotientYour Private Multi-cuisine Vending Machine is a 3D Food Printer ??

This month’s M&A Highlights.

Larger than Life: Executive Lifestyle Special

Industry Events & Tradeshows

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32Toys foR The Big Boys

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March 2011

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Contents

Hapag Lloyd... one of America's leading third-party logistics providers managing over 100 facilities and 25 million square feet of warehouse space across North America

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Company pRofiles

Little Lady Foods, Inc.Founded in the Wrigleyville neighborhood of Chicago by the Esposito family in 1961, Little Lady Foods' pizzas, hand held items and gourmet sandwiches are sought after by the largest and most popular restaurants and food companies in the world.

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three key elements required for a successful growing economy: fuel choices, technology choices and public policy

head - spaCe

““Grant King, CEO, Origin Energy

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www.industryleadersmagazine.com

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DucabJointly owned by the Governments of Dubai and Abu Dhabi, this cable manufacturer has one of the most modern manufacturing units in the middle-eastern region...

8484

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The latest in Business

With prices for the precious metal surging on markets all across the globe, Fairtrade and Fairmined gold will go on sale in the UK in a first-ever effort to secure a fair deal for gold miners and their communities.

Some of the world’s best-known names in the precious metals industry, Garrard, Harriet Kelsall and pioneer ethical jeweller CRED are among the first 20 companies to launch the world’s first Fairtrade and Fairmined gold.

The gold industry, one of the world’s most dangerous industries, lures hundreds of thousands of workers every year. Being part of the Fairtrade and Fairmined system means miners will adhere to a set of standards, guaranteeing that gold is produced in a way that is safe for people and the environment. In return, miners will receive a set minimum Fairtrade price for their gold, plus the Fairtrade premium to invest in community and business development projects.

Richard MerynFairtrade, Fairmined gold on sale in UK

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The Latest in Bu

siness

Give me beer, I’ll give you energy !

Canada is all set to sample "beer-waste to energy" technology with a $500,000 modular pilot plant planned to be set up for ethanol production in Atlantic Canada by the end of Feb 2011.

This project is part of a research endeavour led by New Brunswick Community College’s bioenergy and bioproducts applied research and technology facility in Grand Falls, New Brunswick, located near the Maine border said Kevin Shiell,

Fairtrade, Fairmined gold on sale in UK Beer-Powered!Carrie Ann

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scientific director for New Brunswick Community College.

Milco Industries, one of the primary research partners, collects waste pop and beer, typically destined for landfills. This ‘beer waste to energy’ project will use Milco Industries’ waste pop and beer for a trial. The company usually drops those in landfills and pays between $100,000 and $200,000 for disposal. With the ethanol plant installed, they will produce between 250,000 to 500,000 gallons of ethanol yearly… only from recycled waste!



Supercar Bloodhound goes into Production

Can you handle it?

It’s designed to reach a record-breaking 1,000mph – making it faster than a speeding bullet! British engineers finally begin construction this week on what they hope will be the world’s fastest car.

It is hoped that the Bloodhound, which has been in design for three years, will break the land speed record on a dried out lake bed in South Africa’s Northern Cape in late 2012.

Being designed by Richard Noble, the Bloodhound will be 42 ft long, 9 ft high and will weigh 6.4 tonnes and will boast a top speed of 1,050 mph. Powered by the same engine used by the Eurofighter, this supercar will deliver 47,000 pounds of thrust to a car weighing just over 6000 kilograms.

Vrushti MawaniFasten your Seatbelts...

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The graphite composite body will be made by the same company that manufactures hulls for Americas Cup yachts

The engine (effectively a rocket!) will be the largest engine booster of its type built in the UK, while the vehicle will have nearly one metre diameter aluminium alloy wheels that will need to withstand rotations of 10,000 rpm and being blasted by salt lake bed grit as the car accelerates to full speed.

Now Mr Green hopes to break the current land speed record in it – by more than 200 mph – becoming the first man to drive through the 1000 mph barrier and become another record-breaking British success in a history of land speed records after the 600 mph record established by Thrust SSC thirteen years ago.


The Latest in Bu

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One of the world’s largest logistics provider, UPS has announced the expansion of its UPS Express(R) Freight service into Israel and Slovakia to serve expanding hubs for high-tech, industrial and automotive companies.

The UPS premium air freight service offers one- to three-business day door-to-door service, including customs clearance and an on-time performance guarantee.

“Israel and Slovakia are increasingly important players in the global trade arena and UPS is committed to expanding its air freight services in these areas to meet the evolving logistical needs of our

customers,” said Scott Aubuchon, director of international air freight marketing at UPS.

UPS Express(R) Freight is part of UPS’s broad portfolio of air freight services, which include North American and international air freight as well as UPS Express Critical(R) services for time-critical freight shipment needs across all modes of transportation. The UPS air freight portfolio also includes a range of value-added services from supplier management to customs brokerage to visibility technology solutions.

Aubrey ChangExpress Freight Service UPS grows stronger.

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China’s biggest oil company, PetroChina is all set to grow bigger and better with an investment of Can$5.4 billion in a shale gas project to be developed in Canada by Encana, North America’s top gas producer.

If this deal comes through, the Cutbank Ridge fields will become PetroChina’s first gas asset in North America.

The agreement between PetroChina and Encana would mean for the companies to jointly develop the Cutbank Ridge fields in British Columbia and Alberta, a 256,975-hectare (635,000-acre) site with current daily production of 255 million

cubic feet of natural gas equivalent (7.22 million cubic metres).

Encana estimates suggest that the fields in which PetroChina will have a 50% interest (if the deal goes through) have proved reserves of about one trillion cubic feet of natural gas equivalent.

Randy Eresman, Encana’s CEO, said that the investment would allow Cutbank Ridge to be developed at an accelerated pace, and called the agreement a “major milestone” in the Canadian company’s developing relationship with PetroChina.

Carrie Ann

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PetroChina to team up with Encana



The Latest in Bu

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With cities like Amsterdam, Copenhagen and Melbourne having made cycling a way of life towards more sustainable living, the next question obviously was, ‘how could bike riding be made even more efficient?’. And who more appropriate for coming up with an answer but the Dutch!

The town of Krommenie, north of Amsterdam, will soon boast the SolaRoad, a bike path embedded with solar panels to produce clean energy while encouraging people to get on their bikes.

Vrushti MawaniAmsterdam to Receive Solar-Powered Cycle Path

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Demonstrative of the Dutch government’s commitment to renewable energy, the SolaRoad project will be operational by 2012.

It is expected that Solaroad will generate 50 kWh of electricity per square meter per year. This electricity will be used for street lighting, traffic systems, or for household use. Reports have said that Smart ICT applications will be used to distribute the electricity during peak sun hours. These applications will also allow the system to handle distribution of electricity during cloudy and nighttime conditions.


Toys for the Big BoysThis Month's Gadget Goss

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The PrestigeHD Supreme Rose Edition by Stuart Hughes priced at an astounding $2.3 million, surpasses all levels previously established by "luxury" televisions.

Swiss luxury television maker PrestigeHD asked Stuart Hughes of Goldstriker International to design a spectacular piece for the company So he took a 55-inch PrestigeHD television and covered it in gold and diamonds. Alligator skin was hand sewn into the bezel.

”

”

Valuable Viewing? Say that again!!

This limited edition TV surpasses Hughes’ £1 million television for PrestigeHD, which uses 22-carat yellow gold and 48 diamonds.

The t.v's blingy frame with 72 brilliant round-cut 1 carat IF flawless diamonds along with Sunstone and Amethyst spells extreme extravagance, not to mention its 55″ display, with the outer chassis cased with 28 kilograms of solid 18ct rose gold.


Toys for the Big BoysThis Month's Gadget Goss

Gadget G

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The Vertu Boucheron 150, crafted from a single piece of "solid gold" was designed to celebrate the 150th anniversary of the Boucheron jewelry house in Paris. According to the designer, it took 1,000 hours to cut into shape, 700 hours to hand polish, and more than 500 hours to build.

However, like other Vertu phones, the Boucheron 150 is not at all cutting edge in terms of its technology - it has a small screen and basic keypad controls. Also, it looks like it might be awkward to hold, with its golden protruding pointy edges.

Equipped with 3G connectivity, it comes in a very-luxurious wooden presentation box. And ofcourse the owner would feel indulgent - to use a mobile phone handcrafted from solid gold, priced at $30,000, wouldnt anyone ?

Richard Meryn

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Connecting with a bar of

GOLD

www.industryleadersmagazine.com March 2011 22

Looking for an indulgent gift for your very special someone? Ladies are sure to love this one!

The Crazy Flower Watch by Breguet, part of Breguet's 2010 Haute Joaillerie creations, and winner of the Best of the Best Award combines the pure and elegant beauty of diamonds with the technical feat of mobile gem-setting.

The 116 baguette-cut diamonds of this dazzling watch, sway in step with wrist movements, evoking blooming petals fluttering in the breeze. The dial is

composed of 206 brilliant-cut diamonds “inverse-set” on a concave face rimmed by a flange set with 66 brilliant-cut diamonds. A total of more than 36 carats of diamonds combine in a spectacular gem-setting accomplishment from the amzingly talented craftsmen of the Breguet Haute Joaillerie workshop.

Price on request.

Dazzling Times

This Month's Gadget GossToys for the Big Boys


RIM's Playbook

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This Month's Gadget GossToys for the Big Boys

Second only to the $1,000,000 Luvaglio

laptop, the Tulip E-Go Diamond at $355,000 is perfect for women who fancy a laptop with a touch of chrome that also doubles up fantastically as the perfect accessory.

Inlaid with solid palladium white gold plates in which thousands (80 carats) of top-quality, brilliant cut diamonds have been pave set with surgical precision, the magnificent end result incorporates a unique square cut ruby set in both Tulip logos.

Without the bling, this easy going computer is even more innovative, using overmolding to enable fabrics, leather, wood, and metals to be incorporated into interchangeable, lifestyle-oriented covers that enable the laptop “look” to be changed on a daily basis as a fashion accessory.

A very tempting combination of fashion accessory and notebook, other specs of the E-Go include a 12-inch antiglare screen display, 2GB RAM, 160GB hard drive, integrated webcam, Bluetooth 2.0, and DVD burner.

Gadget G

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The

Your Private Multi-cuisine Vending Machine is a Food Printer ?

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WOW! Quotient


The WOW! Quotient

Say it out loud. “Print out the food you want – anytime”. And try not laughing your head off.

Taking technology to the next level seems like a gross understatement here.

Vrushti Mawani


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t Food printers, a technology derived from three-dimensional printing first invented at MIT in the 1980s, could ultimately allow consumers to print food at home.

Imagine being able to print anything you wanted

to eat, anytime you wanted to eat it!

Operational specifics

The 3D printer was first invented with the purpose of creating models.

Nike, for example, uses 3D printing to examine prototypes of new shoes before going through with manufacturing.

3D Food Printers

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3D Food Printing Technology


While a standard 3D printer commonly works with plastics, metal and ceramics, and currently costs around $250,000, the food printer in specific has attracted attention because of its many possibilities.

“The idea is to unleash creativity,” noted Prof. Lipson, who used the example of dead spaces in wedding cakes as a place to innovate.

While it started as a side project, the food printer has opened up a new design space of things you can do.

“Food really captures people’s imagination… The sky is the limit in terms of what you can do … we can really imagine a future where you can download recipes, you upload your cartridges, you print enter, and the printer makes it for you.” said Lipson. “It’s really the future of manufacturing. You can print on demand what you need.”

Lipson noted three key areas where 3D printing takes off. It allows for mass customization, on-demand production, and geometric complexity. Food printing eliminates waste and provides immediate gratification, while also allowing “people to inject skill in the process,” and can turn an ordinary dinner into a gourmet meal.

The current limitation of the printer is the requirement that any ingredient must be

The use of 3D printers for model-making by architectural firms is of course now a well-known application.

This printer operates like a regular printer, only, instead of printing ink, other materials can be loaded and the printer is able to produce outputs/products accordingly.

Most of the research currently being carried out on 3D food printingis at the Cornell University by Prof. Hod Lipson and Ph.D student Jeffery Lipton of the Cornell Computational Synthesis Lab.

3D Food Printers

“

“

we can really imagine a

future where you can

download recipes, you upload your cartridges, you print

enter, and the printer makes

it for you !

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Cornucopia digital gastronomy 3d food printer developed by MIT

image source: www.geek.com


made into a puréed paste. This could turn heads on conventional food, with chefs being able to toy with texture, molecular gastronomy, color, etc.

Looking at this aspect positively, “This is a way of making new things you cannot make any other way,” added Lipson.

Lipson and Lipton expect pastry and baked good printers to be available

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t in two to three years and for personal printers to be available in five to 10 years.

Food printing is not a means of helping with hunger or food allocation problems, but a way of changing food production as we know it.

What’s even better? All the weaknesses of 3D printing become strengths with food printing; high resolution is not necessary since the focus is on crafting art and refining taste !

Do we see graphic designers wincing in envy?

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Future Plug-In Masterchef

3D food printer at Cornell University

image source: www.trendsupdates.com


The High with a Soul

Number Crunchingly Good

What do you think will be the fate of Karlsson’s, a start-up Swedish vodka brand, when its difference and essence is based in ‘going against the grain’, so to speak, of vodka’s obsession with purity ?

Some global beliefs that have become pre-requisites while judging any vodka as being ‘good vodka’ are that the drink needs to be flavourless and colourless. Very much like the famous Swedish previously state-owned brand, Absolut. So how does the very strongly-flavoured Karlsson’s Gold fit in here ?

Vodka: Then and Now

Every year some 200 vodka brands hit the market worldwide. There’s one that comes bottled in a glass skull, another that is flavored with smoked salmon, and yet another that is dyed black. But underneath the marketing and food coloring, almost all vodkas are the same.

They’re made from grain, usually wheat or rye, and distilled until the taste and color are removed. Some are better than others, but there’s no art to the process: the better the ingredients and the more thorough the distilling, the higher the premium.

Only two of the 200 vodka brands introduced each year live much beyond their first birthday.

The question is, will Karlsson’s buck the trend?

Before the 1960s very few people outside the “Vodka Belt”— Scandinavia, Russia, Ukraine, Poland — drank the stuff at all, and regional differences predominated. Swedish vodka was made mostly from potatoes, while grains dominated in the steppes. At this point purity not being so important, underlying

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Karlsson's Gold

Vodka

Christy Gren


Food & Beverages Business N

ews


flavors for the various brands came through in the final product, so vodka made outside Malmo tasted different from vodka made outside Stockholm, let alone Warsaw.

Absolut Revolution

Absolut revolutionized this tradition of vodka being endowed by local flavours, when this state-owned brand from Sweden got a makeover and started selling globally. Part of its marketing campaign, devised by the legendary Hans Brindfors (who later helped make IKEA a household name), was to emphasize purity over variety.

The master blender, Borje Karlsson, switched the recipe from potatoes to winter wheat, which imparts a cleaner flavor. Mr. Brindfors dressed it up in its now-iconic bottle, hiring artists to design ads that, within a few years, became de rigeur on the walls of college dorm rooms across America.

Absolut remained state-owned until 2008, when Sweden sold the brand to Pernod-

Ricard for $9 billion.

In the meantime, Absolut became one of the largest and most-recognized liquor brands in the world and the definition of high-quality vodka, averaging over 120 million bottles in worldwide annual sales.

Mr. Brindfors and his marketing colleagues Olof Tranvik and Peter Ekelund were long gone by then. But a few years ago the trio got back together to give vodka-making another go.

Enter – Karlsson’s Gold

The Dirty Drink

Mr. Ekelund, who works for a private equity firm, also owns a farm in southern

Sweden, and naturally, understands what fluctuating food prices can do to small-time agriculture. So he approached his neighboring potato farmers with a plan: what about, instead of storing their excess produce, distilling it?

They brought in Mr. Karlsson, the now-famous “father of Absolut,” to develop a recipe, and a few years later—backed by Mr. Ekelund’s fundraising,


Absolut revolutionized

the vodka world by emphasizing on criteria that judge a "good vodka" on the basis of purity over variety.

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ews

Mr. Tranvik’s marketing skills, and Mr. Brindfors’s branding genius—Karlsson’s Gold was born.

Karlsson’s is in many ways the opposite of Absolut. “Success for us,” Ekelund was reported as saying, “will be to sell 100,000 cases in five years”—or about 240,000 bottles a year, or about two-tenths of 1 percent of what their former brand sells annually.

“We actually have real physical limitations,” Ekelund says. “Our fields could produce a maximum of 400,000 bottles annually.” Mr. Brindfors’s bottle is short and stout, shaped something like an oversized glass hand grenade. And Karlsson’s marketing is entirely word-of-mouth—no Andy Warhol ads this time. The company has just 15 employees, and the participating farmers are all shareholders.

More important, Karlsson’s runs against the grain, so to speak, of vodka’s obsession with purity.

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The Dirty Drink : Karlsson's Gold Vodka


“There’s no illusion that we don’t have a long road ahead of us,” Mr. Ekelund says. “But then, we believe that vodka will move to craft products. Otherwise, it gets boring. People like different things. You see that in beer - so why would someone behave differently when it comes to his liquor?”

This is a dirty drink. Mr. Karlsson uses a blend of five potato varieties, chosen for their flavor as well as their terroir. Yes, terroir: like grapes, potatoes bear the imprint of soil, moisture, water quality, and temperature.

Karlsson’s even brags that the region where the potatoes are grown, Cape Bjäre, “is to potatoes what France’s Bordeaux region is to grapes.” Perhaps. In any case, the result is a vodka with flavor—and not mandarin orange or salmon, but pleasantly nutty, spicy notes derived from the potatoes themselves.

Karlsson’s will never replace Absolut, a fact that the three backers seem to relish. Its distinct flavor makes it a poor base for most vodka-friendly cocktails, though Mr. Ekelund likes it in a Bloody Mary. The best way to drink it, says Mr. Tranvik, is like whiskey: at room temperature, on the rocks, or with water. A bit of fresh-cracked pepper compliments it nicely. And then do what perhaps no one in America has done with a glass of vodka in 30 years: sip.

That’s not likely to win over the vodka-and-Red-Bull crowd any time soon, though Karlsson’s isn’t interested in the mass market—for now.


ews

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Karlsson's Gold is a Dirty Drink; made from a blend of five potato varieties, chosen for their flavour as well as their terroir


Some of the World's most powerful markets merge to grow stronger...

“Consolidate and create economies of mammoth scales” sure seems to be the mantra of the day for some of the biggest global market players.

The deal between Singapore’s SGX and Australian ASX that has been going on since October 2010 has almost been sealed, and both partners seem super excited about all that will be achieved through this merger.

Then, earlier this month, somewhere between London and Toronto, bloomed a dream of creating the Big-Daddy of all mining exchanges, and

reports started flooding in about advanced merger talks between the veteran London Stock Exchange and the energy sector’s favourite TMX. The update there is that majority market analysts feel LSE will navigate through the regulatory process and proceed in taking over TMX.

And then of course, there's the newest development in this spate of “rising titans” : the colossal merger agreement between the Deutsche Boerse and NYSE Euronext.

If this agreement comes through, it will result in the creation of the world's biggest exchange valued at $24-billion.

So whats really going on with this sudden spate of merging markets ? Lets find out.

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M &

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onthThe Rise of Titanic Exchanges

Vrushti Mawani


The Rise of Titanic Exchanges

The LSE-TMX Merger: Marriage of ConvenienceLike other exchanges around the world, both Toronto and London face increasing competition from alternative trading systems and these increasing competitive pressures in the industry have seen the LSE lose footing to faster-paced rivals.

A merger between LSE and TMX would

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create a global exchange where liquidity pools can be aggregated – bringing prices down. By sharing technology, the LSE and TMX would improve their competitive position against newer, faster entrants in an environment where scale and size determine success.

Toronto has historically been a favorite home of natural resource stocks. The new company would capitalize on this fact, and possibly become the biggest

LSE Chief Xavier Rolet with TMX Chief Thomas Kloet


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The ability to offer simultaneous listing in London, he said, would increase Toronto’s trading volumes. The biggest gain for London, Mr. Caldwell said, would be access to Toronto’s advanced trading technologies.

Overall, if the merger goes ahead, we could witness the creation of the world’s biggest stock exchange by number of companies. The combined company would also catapult the LSE-TMX group into fourth position above Nasdaq in terms of annual revenue as well as see it become the second biggest player for shares traded.

Coming Aboard“It is currently contemplated that the executive management and senior leadership of the merged group will be drawn from a balance of leaders from both organizations,” the two exchanges said in nearly identical statements. “The merged group would be co-headquartered in London and Toronto and continue to be overseen by its existing regulatory authorities.”

LSE chief executive Xavier Rolet, who said he hoped “to surprise everyone in the coming years” when he took over from Dame Clara Furse, is expected to lead the enlarged company. His TMX counterpart, Thomas Kloet, is thought likely to become chairman, overseeing a boardroom with an equal mix of executives.

global exchange for mining and energy listings.

To quote the very apt statement made by Thomas S. Caldwell, the chairman of Caldwell Financial of Toronto, which is an investor in both exchanges, in this regard, the merged exchange would result in “the creation — really, truly and sincerely — of the biggest resource exchange.”


Hurdles in the Canadian MarketAny deal would probably face several political hurdles in Canada, where foreign takeovers related to natural resources have become delicate issues.

In November, Canada’s federal government declined to approve a $38.6 billion bid from BHP Billiton of Australia for the Potash Corporation of Saskatchewan.

“It’s going to be a hot topic, that’s for sure,” said Stephen Boland, a non-bank financial institution analyst with GMP Securities in Toronto, in a statement. “It may be the first time we’ve seen a major Canadian financial institution sold.”

A variety of direct and indirect government measures effectively prevent foreign

takeovers of Canadian banks and large insurance companies.

A preview of the coming political test for the proposed merger was provided in 2007 when the TSX Group, as the Toronto exchange’s parent was then known, bought the Montreal Exchange, which handles only derivatives. The transaction was controversial in Quebec and was sold to the public and politicians largely on the basis that the resulting larger exchange would not fall into foreign hands.

Because of that deal, securities regulators in Ontario and Quebec must now waive a rule that caps ownership of the TMX Group by any single entity at 10 percent.

The Canadian federal government will probably review the transaction under its Investment Canada Act, which was used to thwart the BHP Billiton bid for Potash.

Goliath of all Merged ExchangesTo be named “Premier Global Exchange Group” (talk about being modest!), NYSE Euronext and Deutsche Borse have unveiled details of their planned combination which would create the biggest stock exchange group in the world.

NYSE Euronext's revenues have recently been witnessing falls because of competition from cheaper computerized

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A merger of the London Stock

Exchange and the TMX would result in the creation of the biggest global

exchange for mining and energy listings

The Rise of Titanic ExchangesM

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stock exchanges in the US and Europe. Many other global stock exchanges have also combined to save costs. If it comes through, this deal will give NYSE Euronext a larger footprint in the more lucrative business of trading in futures and options contracts

Set to form a powerhouse with more than $20 trillion (£12.5 trillion) in annual trading volume and operations in Germany, France, Britain, Amsterdam, Portugal, Belgium, and the United States, NYSE Euronext and Deutsche Borse said the "merger of equals" would "strengthen Frankfurt and New York as key financial centres".

Addressing obvious US concerns, they

added that Reto Francioni, chief executive of Deutsche Borse, would be chairman of the new group and would also be in charge of group strategy, while Duncan Niederauer, boss of NYSE Euronext, would be chief executive.

The exchanges also said that they were aiming to achieve extra savings of "at least" €100m from the combination, in addition to synergies of €300m sketched out last week.

Mr Francioni said: "This transaction brings together two of the most respected and successful exchange operators in the world to lead the way in global


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Duncan Niederauer and Reto Francioni, chief executives of NYSE Euronext and Deutsche Borse


capital markets and set the standard for growth, quality and market reach. The combination makes sense for all of our constituencies. Shareholders of both companies will benefit from unique growth opportunities and synergies. Clients will have unparalleled access to markets. From a regulatory perspective, we are committed to remaining the world's most transparent and best regulated platform."

The ownership of the new group, which could generate around $2.7bn of pre-tax profits a year, would be 60pc by Deutsche Borse shareholders and 40pc by NYSE Euronext shareholders.

The proposed merger is subject to approval by a majority of NYSE Euronext shareholders and by 75pc of Deutsche Borse shareholders.

A Sweet Deal: SGX’s takeover of ASXIn their latest attempt to boost chances of acquiring regulatory approval in Australia, Singapore Exchange Limited (SGX) and ASX Limited, operator of the Australian Securities Exchange, announced changes to their merger proposals, stating that there would be an equal number of Australian and Singaporean directors on the board of the firm formed after the merger.

The 13-member board will comprise five Australian citizens, five Singaporeans and three international directors, SGX and ASX is reported to have said in a joint statement.

Also stated clearly as part of the new proposal was the fact that current ASX

Set to form a powerhouse with more than $20 trillion (£12.5 trillion) in annual trading volume

and operations in Europe and the United States, NYSE Euronext and Deutsche Borse

said the "merger of equals" would "strengthen Frankfurt and New York as key financial

centres".

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Chairman David Gonski would be deputy chairman of the SGX-ASX firm while current SGX chairman Chew Choon Seng would be chairman of the new firm. Gonski will also chair the integration committee charged with overseeing a successful integration.

SGX also committed it would ensure ASX and all of its licensed subsidiaries maintain boards with a majority of Australian citizens and an Australian chair. In addition, all physical assets required for the operation of the ASX group businesses will continue to be developed and located in Australia.

The Australian business would also be run by a chief executive based in Australia so as to provide easy access to customers and stakeholders.

The existing regulatory protections will continue to be in place after the completion of the merger deal. The two companies said the changes to the proposal came after talks with a wide range of stakeholders.

"These commitments demonstrate SGX's belief in the merits and benefits of the merger, address concerns that have been expressed, and provide further clarity as to how the merged entity will operate in the future," said Chew Choon Seng, chairman of SGX.

"The changes and commitments announced today, combined with existing regulatory protections, strengthen our belief that the ASX-SGX merger proposal is in the best interests of shareholders and in the national interest of Australia," ASX chairman David Gonski said.

The two exchanges announced their 8.3 billion U.S. dollar merger proposal on Oct. 25, 2010. If successful, it is expected to create the world's fifth largest exchange operator.

The 8.3 billion U.S. dollar merger

proposal between ASX and SGX announced on Oct. 25, 2010 was designed to create the world's fifth largest exchange operator.

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Ma

kin

g N

ews The Out-Smarted

Market of Connecting People

Nokia teams up with Microsoft

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Nokia’s been a buzzing hive over the last month. Following the internal memo issued by new CEO Stephen Elop in which he candidly likened Nokia to a man standing on a burning oil platform, saying the company “poured gasoline” on its “own burning platform.”, the Finnish giant, the world's largest mobile phone company, announced having teamed up with Microsoft Corp. and using Microsoft’s operating system on mobile phones.

This move by Elop is in response to the hard times that Nokia has been

witnessing recently; a kick-start effort to revive and reinforce Nokia’s brand dominance that has been lost to Apple’s iPhones and smartphones that run on Google’s Android system.

The Symbian TragedyWhile having chosen to make the deal with Microsoft, reports also mentioned Nokia having been in advanced talks with Google for using Google Inc.’s popular Android operating system for their smartphones.

The need for Nokia having to use one of these operating systems arose because Nokia's own Symbian software has proved to be a nonstarter in the U.S. Software developers and mobile carriers are less interested in the platform because of its


Manufacturing Business News

lack of visibility in the market, which has hindered Nokia’s own software efforts, including its Ovi Store, which competes with Apple’s App Store. Consequently, Nokia recently canceled the U.S. launch of its X7 smartphone, which runs on Symbian.

Mr. Elop, in his memo, said Symbian is difficult to develop, causing delays, and “has proven to be noncompetitive in leading markets like North America.”

IKEA's Flat-Pack Solutions

Nokia's sharp reversal of fortunes is largely due to the shift in Nokia's 20-year long

market dominance, as Apple's iPhone and smartphones that run on Google’s Android

OS continue to devouringly capture the high-end and mid-range smartphone markets.

51

Richard Meryn

Stephen Elop, Nokia's new CEO, says it like it is


Making News

Nokia’s options were limited as it seeks to create a smartphone that can compete with Apple or Google.

The company could have chosen to stay on its current path of relying on Symbian, and continue developing its new operating system with Intel Corp., dubbed MeeGo. But staying the course with MeeGo, which has no track record, is risky, analysts said, especially in the U.S., where operating systems from Apple, Google and Research In Motion Ltd. are already entrenched.

Nokia’s other option was to take on an operating system from Google or Microsoft, something the company had resisted before Mr. Elop’s arrival. Elop ran down this previous stand, saying that adopting another operating system was definitely an option since the smartphone game is largely dictated by the software and services that come with it.

“We must build, catalyze or join a competitive ecosystem,” Mr. Elop said in the company’s fourth-quarter earnings call last month.

“The first iPhone shipped in 2007, and we still don’t

have a product that is close to their experience.

Android came on the scene just over two years ago, and this week they took

our leadership position in smartphone volumes.

Unbelievable.”

The Out-Smarted Market of Connecting People Nokia teams up with Microsoft

52

Nokia's N8


Manufacturing Business N

ews

Nokia’s Fortune Reversal The primary reason for Nokia having to witness a sharp reversal of fortunes as outlined by Elop in his memo, is the shift in the market dominance the company has built over the past 20 years, as Apple Inc.’s iPhone and smartphones that run on Google’s Android platform continue to devouringly capture the high-end and mid-range smartphone markets. This is especially true in North America, a critical battlefield where Nokia is all but absent.

Meanwhile, the company’s traditional, lower-end cellphone business, a steady cash cow in high-growth emerging markets, is increasingly threatened by less-expensive Asian handsets.

The result : a 16% drop in the company’s fourth-quarter profit.

In a bid to stem these losses suffered by Nokia as the company rapidly lost share in the higher-margin smartphone market to Apple and Google, Nokia Chairman Jorma Ollila brought in Elop from Microsoft last September, the first non-Finn to head the company.

Unfortunately, Nokia’s position only worsened since Mr. Elop joined as CEO in September. The company delayed the introduction of some phones. Adding fuel to fire, Nokia’s flagship high-end N8 smartphone, which started shipping last year, has been plagued with power problems. And the company discontinued its free music-download service, intended as a competitor to Apple’s iTunes, in several markets.

Describing the gravity of this situation in his internal memo that was leaked to the Wall Street Journal, Mr. Elop said, “The first iPhone shipped in 2007, and we still don’t have a product that is close to their experience. Android came on the

The Out-Smarted Market of Connecting People Nokia teams up with Microsoft

53

Nokia's N8


Making News

scene just over two years ago, and this week they took our leadership position in smartphone volumes. Unbelievable.”.

New Blood Please !Mr. Elop’s plans to shake up Nokia’s management are all but certain to also upend its corporate culture, which insiders say still remains very Finnish. Today, six of the company’s 10 top executives are Finnish, something Mr. Elop is likely to change.

A high-level management shake-up is likely to be part of Mr. Elop’s strategy, with several senior members of the executive board expected to leave.

To truly revive Nokia’s market clout, Mr. Elop needs to hire smart, creative executives “who understand what it means to disrupt” the norm, said a telecom recruiter not involved with Nokia.

“He needs new blood.”

Windows Phone Apps


Origin EnergyOrigin is the largest owner and developer of gas-fired power generation in Australia. Origin also produces renewable energy from wind farms.

The total operating generation capacity of Origin's power stations is currently 2,250 MW and this will be increased to 2,800 MW by the upcoming completion of the Mort lake Power Station.


Origin EnergyFuelling growth: Australia’s energy options


Origin EnergyOrigin has a growing portfolio of power generation facilities, operating eight power stations across New South Wales, Queensland, South Australia and Victoria. Nearly all of Origin’s power stations are fuelled by natural gas. One peaking plant, Mt Stuart in Queensland, is capable of conversion to gas once a reliable gas supply is available.

When used for electricity production, natural gas produces less carbon emissions than a typical coal-fired power station. Combined cycle gas turbine technology, such as that used at Origin's Darling Downs Power Stations, is the cleanest in terms of carbon emissions, producing less than half of the carbon emissions of a typical coal-fired power station.

Origin also has a 50 per cent interest in three co-generation plants which supply electricity and steam under long-term contracts.

Lower Emission Gas-fired Power GenerationProducing assetsOrigin Energy currently has its major production interests in the Cooper Basin, which has been the principal supplier of natural gas to New South Wales, South Australia and Queensland. The Cooper Basin producers entered into a long-term gas supply

a r rangement with AGL in D e c e m b e r 2002 in which 505 PJ of gas will be supplied between 2003 and 2016. Other onshore p r o d u c t i o n interests are located in the Surat and Bowen Basins in Queensland (the latter including the

Denison Trough), in the Otway Basin (in the south east of South Australia and western Victoria) and in the Perth and Carnarvon Basins in Western Australia.

Combined cycle gas turbine

technology, such as that used at

Origin's Darling Downs Power

Stations, is the cleanest in

terms of carbon emissions

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Origin EnergyLower Emission Gas-fired Power Generation

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Contact Energy's Clyde hydro power station


Australia's largest producer of coal seam gas (CSG), Origin Energy has interests in major CSG fields at Spring Gully, Fairview and Peat in the Bowen Basin in central Queensland.

Origin operates all but one (Fairview) of its CSG producing assets and has extensive CSG exploration areas in the Bowen and Surat Basin, the latter covering the Walloon Coals which also have a large, as yet undeveloped, potential. Origin is in a position to further commercialize the large CSG resource represented by the Walloon coal measures of Queensland's Bowen and Surat Basins as a source of natural gas supplying Queensland and the eastern states of Australia. Offshore, Origin is the operator of the Bass gas Project which was commissioned in 2006 to deliver gas, condensate and LPG to the Victorian market.

Grant King, on the future of Energy in Australia.The following is an excerpt of what Grant King, CEO Origin Energy, had to say about

“and coal seam gas

the future of energy in Australia.

"As we look to the future and what choices we are going to make about how we do generate and provide the power we need to continue to see a successful and

growing economy, there are three key elements: fuel choices, technology choices and public policy. And what I want to try and dwell on is what those choices might be – what those choices are, what is available to us and just how it might play out given the current state of public policy and then,

perhaps, reflect at the end on what that might mean for consumers, particularly in terms of pricing."

"So if we begin first by just doing a quick run through of our fuel choices, and much of this is on the record but it may be interesting to some, we are, of course, absolutely blessed as a nation with an absolute bounty of various forms of energy."

"If we go through coal, which is the traditional fuel here in Australia, at current production we have about 100 years of black coal in terms of reserves. That is

three key elements are required

for a successful growing economy:

fuel choices, technology choices and public policy

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“

Origin Energy


Origin Energy


“

“

In terms of the traditional fuels, we have

lots of coal and lots of gas... we are looking at a future that has

much more renewable energy involved and

Australia is blessed with substantial resources in

the renewable space

not resources – in terms of reserves, about 100 years of production; about 500 years of reserves in respect of brown coal production. In terms of gas, more recently, particularly with the rise of the coal seam gas industry in Eastern Australia, we also have a much longer-term horizon for supply of gas. A lot depends on how the LNG industry develops but, again, in terms of current reserves and current production rates, given their substantial resource upside – but just based on reserves again, perhaps 100 years of gas supply, particularly in Eastern Australia. And, obviously, we have got a lot of Australia’s gas in the north-west shelf in Western Australia as well. "

"In terms of the traditional fuels that we have used, we have lots of coal and lots of gas. That coal and that gas will go up in price, and it will go up because Australia is already and will increasingly be connected to international economies or international fuel prices, so the price of coal, as we continue to grow our

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and renewablesOrigin Energy


exports, will eventually feed back into the system here in Australia, and so too will be the price gas. So, for many years, particularly the last 40 years, we remained somewhat isolated from those international fuel prices but, clearly, as we go forward, we will see a much greater connectivity in terms of pricing, and that

will clearly affect the economic choices we make. But, at a resource level, we have heaps of the traditional fuels, the thermal fuels. Clearly, we are looking at a future that has much more renewable energy involved and Australia, again, is blessed with substantial resources in the renewable space."

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Origin Energy CEO, Grant King

Origin Energy


Strabag


Strabagon its way to

the top


STRABAG SE is one of Europe’s leading construction groups. With approximately 75,500 employees, STRABAG posted an output volume of around € 13.0 billion in 2009.

From its core markets of Austria and Germany, STRABAG, via its numerous subsidiaries, is present in all countries of Eastern and South-East Europe, in selected markets in Western Europe, on the Arabian Peninsula, as well as in Canada, Chile, China and India.

StrabagSTRABAG generates approximately 80% of its construction output in markets in which it holds one of the top three positions. These include the Czech Republic, Hungary, Slovakia, Poland and Romania.

En Route to Intelligent RoadsThe volume of traffic is constantly increasing – roads are reaching their limits.

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on its way to the top


Roads are by far the most important route of transport and will grow in importance as additional European markets are opened up. Growth forecasts predict a 20 percent increase in passenger traffic and a 40 percent increase in goods traffic by 2015.

Even now, traffic jams in Germany alone are responsible for an estimated 4.4 billion lost hours. Conventional asphalt roads, which make up the majority of their road transport infrastructure, are increasingly unable to handle this growing volume of traffic. This results in damage such as deformation, poor traction, unevenness, traffic jams and high maintenance costs, which will become increasingly difficult to finance in the future.

Optimising the Process ChainStrabag firmly believes that two parameters are key towards optimizing the process

chain; the material itself and the building process.

Under the project leadership of Kirchner, these important factors are examined in both a comprehensive and interdisciplinary way, together with research and business partners as part of the PAST research project.

The aim is to optimize the entire process chain, from the production of ready-mix and loading of trucks through transportation to

placement and compaction, and to identify factors that have a negative impact on quality. The project, which is funded by the German Federal Ministry of Economics and Technology and supported by TÜV Rhineland, was launched at the end of 2008 and was set to last three years.

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on its way to the top

The aim is to optimize the entire process chain, from the

production of ready-mix and loading

of trucks through transportation to placement and

compaction, and to identify factors

that have a negative impact on quality.

Strabag


Strabag CEO, Dr Hans Peter Haselsteiner

Strabag


Securing access to resourcesThe access to resources offers Strabag a significant c o m p e t i t i v e advantage, as the approval for new production facilities is granted only to a limited extent in those regions in which such facilities already exist.

Strabag's supply of resources from within the group also helps them reduce their dependence on external s u p p l i e r s , allowing them to better plan their raw materials access.

From Theory to PracticeIn mid-July 2010, around 130 road construction experts and representatives from both the regional and federal governments witnessed at first-hand the findings in an on-road test carried out by Strabag over an approximately 5 km long test stretch of road on the A4 motorway close to Jena/Thuringia.

Five different types of mixtures and eight different construction techniques were tested on this section of road. In addition to this, technical enhancements to road pavers were presented, along with brand new transponders (RFID-TASs), which are integrated into the asphalt, to record comprehensively both the thickness of the road surface and the temperature of the asphalt.

“Our vision is to create an intelligent road that both stores and passes on information, as well as to develop multifunctional road surfaces which can constantly feed information about their condition to both the user and the operator thanks to an integrated system of sensors,” said Carsten Lips, Head of Division and PAST coordinator, who, together with Project Manageress Susan Pagel, fully believes in this interdisciplinary project.

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on its way to the topStrabag

www.industryleadersmagazine.com

“

“

The company possesses an extensive resource network that is especially dense in their home markets and several of their growth markets.

In the previous year, Strabag had set themselves the objective of further profiting from their own resource access and optimizing their raw materials portfolio – and for the most part, they have been successful: with 3251 asphalt mixing facilities (2008: 348) and 183 concrete mixing facilities (2008: 199), we have increased the coverage of group supply from own production.

Their own stone and gravel production, however, only covered 17 % of the need, compared to 19 % in the previous year, while the number of active production sites in the area fell from 188 to 179.

Our vision is to create an intelligent road that both stores and passes on information, as well as to develop multifunctional road surfaces which can constantly feed information about their condition to both the user and the operator thanks to an integrated system of sensors.

Strabag


Hapag LloydSuccess has a name...

For over 160 years the services provided by Hapag-Lloyd have been a hallmark for successful international cooperation between many people and cultures.

For a company operating worldwide, tolerance, liberal-mindedness and treating each other with respect are values Hapag-Lloyd takes for granted.



The Group aims to be among the industry’s innovation and quality leaders for reliability, customer orientation, efficiency, safety and environmental protection.

To guarantee satisfaction for clients, they continually improve their processes as well as their cutting edge IT Systems. Hapag-Lloyd possesses superbly trained


Hapag-Lloyd FoundationThe Hapag-Lloyd Foundation was established in 1997 on Hapag-Lloyd’s 150th anniversary, aiming to become involved in culture, science and social affairs.

Hapag-Lloyd is aware that worldwide

transport of goods invariably has

repercussions on the environment...

Therefore the environment and sustainability are central to Hapag-Lloyd’s corporate

philosophy.

and highly motivated staff. The Group traditionally attaches great importance to continuing staff education and training.

Hapag-Lloyd is aware that worldwide transport of goods invariably has repercussions on the environment. and the shipping line requires that these be reduced as far as possible while also conserving resources, making the environment and sustainability central to Hapag-Lloyd’s corporate philosophy. Thanks to their modern fleet and the high priority accorded e n v i r o n m e n t a l protection in everyday business, Hapag-Lloyd is among the pioneers of environment-conscious logistics services provision in the industry.

Companies invariably bear a responsibility to society generally. Hapag-Lloyd is committed to its Corporate Social Responsibility. Moreover, in 1997 the Group vested its charitable activities in Hapag-Lloyd Foundation that supports cultural, scientific and social projects.


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The Foundation takes on social responsibility, above all at its head office location, Hamburg, seeing itself mainly as a partner for art and culture. Cultural diversity and vibrancy, indispensable for making a metropolis attractive, should not be underestimated as a location factor.

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Consciousness of traditional values distinguishes Hapag-Lloyd Foundation, but so too does its interest in contemporary, unconventional and experimental forms of presentation.

Hapag Lloyd's air freight services


The Foundation’s activities are concentrated on the areas of theatre, ballet, music and museums. Furthermore, it develops projects of its own. Promoting budding talent is especially close to its heart.

How it all began… Merger of Hamburg-HapagHapag-Lloyd AG was formed on September 1 1970 as a result of the merger of Hamburg-Amerikanische Packetfahrt-Actien-Gesellschaft (Hapag) and North German Lloyd (NDL).

But the origins of these shipping lines go back much further: Hapag was founded in Hamburg in 1847 by local merchants and NDL in Bremen in 1857. The lines initially carried mainly European emigrants eager to start a new life in America. The relationship between Hapag and NDL was for a long time something special; while they were competitors, from the 19th century onwards they both continuingly established joint ventures.

Under Director-General Albert Ballin (1857-1918), who is also credited with having invented the cruise, Hapag rose to the top of the world's shipping sector

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Hapag Lloyd's Colombo Express



Michael Behrendt, Hapag Lloyd's CEO


around the turn of the century in terms of tonnage, while NDL became the shipping line carrying the largest number of passengers. Ballin focused at an early stage on cargo transport in addition to carrying passengers.

World War I caused both the companies the loss of their fleets and worldwide liner networks. During the 1920s, however, by cooperating with international partners, both companies succeeded in rebuilding themselves very rapidly. After the strains of the world economic crisis had been endured, World War II once again led to the loss of ocean-going ships and market positions.

1950 onwards, Hapag and North German Lloyd’s re-entry into liner shipping was very largely in the form of jointly operated services. In 1970, Hapag and NDL decided

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to merge in response to the rapid growth of container transport that was compelling shipping lines to invest massively in new ships and containers.

In 2005, Hapag-Lloyd acquired the British-Canadian container line CP Ships, thereby becoming one of the leading liner shipping companies of the world.

In October 2008 TUI AG sold the majority of the shares of Hapag-Lloyd (56.67%) to the Albert Ballin consortium consisting of the City of Hamburg, Kühne Holding AG, Signal Iduna, HSH Nordbank, M.M.Warburg Bank and HanseMerkur. The remaining shares have been owned by TUI AG. As of 30 Dec. 2010 49,88% are held by TUI AG and 50,12% by Albert Ballin consortium.

“One and half centuries ago there was a spirit of optimism in the air – among the people bound for what they hoped would be a better future and among companies because they sensed new business opportunities. Lloyd and Hapag were always right out in front where the action was. Over many decades, both lines succeeded in adapting to the ever faster pace of change and helped to shape developments. Neither of the founding companies are independently active today, but both live on in Hapag-Lloyd – a shipping line that is again in the top league in world shipping. We can duly be proud of that, in Bremen, Hamburg and Hanover.”

- Michael Behrendt, CEO, Hapag Lloyd



DucabPowering the Region


Ducab

Ducab is jointly owned by the Governments of Dubai and Abu Dhabi (50% each) and has one of the most modern manufacturing units in the region. Spread over two factories, it occupies an area of 590,000 square meters of land in Jebel Ali, Dubai and nearly 330,000 square meters in Mussafah, Abu Dhabi.

Today, Ducab produces over 110,000 copper tonnes equivalent of low voltage, medium and high voltage cables, positioning itself as the leader and the first choice of prestigious customers in the Middle East.


Ducab's product range covers High Voltage cables up to 132kV, Ducab Powerplus Medium Voltage cables up to 33kV, Low Voltage power cables, control & auxiliary, wiring and lead-sheathed cables, Ducab-Smokemaster- Low Smoke and Fume cables, and Ducab-FR (Fire Resistance Cables), cable components and cable accessories, as well as copper rods that Ducab manufacture in their own copper rod plant.

Ducab was recently honoured with the Mohammed Bin Rashid

Business Excellence Award for their achievements in the manufacturing

sector, in the presence of H.H Sheikh Mohammed bin Rashid Al Maktoum Vice President, Prime

Minister and Ruler of Dubai

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Ducab is an ISO 9001:2000 certified company for both its factories. The Abu Dhabi factory was recently awarded an

Ducabpowering the region.

Ducab chairman Ahmad Bin Hassan Al Shaikh and MD Andrew Shaw


Ducabpowering the region.


Excellence Award, two time winner of Dubai Quality Award, Gold category 2004 & 1998. Ducab was recently honoured with the Mohammed Bin Rashid Business Excellence Award for their achievements in the manufacturing sector; this award ceremony was in the presence of H.H Sheikh Mohammed bin Rashid Al Maktoum Vice President, Prime Minister and Ruler of

ISO 14001 Environmental Management System certificate and an OHSAS 18001 Occupational Health and Safety certificate by BASEC (British Approval Services for Cables). The cables comply with and are approved to the full British Standard of the Loss Prevention Certificate Board (LPCB) and Lloyd's Register, UK. These certifications are the latest in a string of recognitions achieved by the company including a two time winner of Gulf

powering the region.

Ducab HV Cable Systems facility in Jebel Ali

Ducab


Dubai. Ducab has also won other awards such as the Investment Corporation of Dubai (ICD) Chairman’s Award for Outstanding Economic Value Creation in the Industrial Sector.

Manufacturing facilities: Ducab’s state -of -the -art manufacturing facilities in the UAE include Ducab Jebel

Ali, Ducab Mussafah 1 Factory, Ducab Mussafah 2 Factory, Copper Rod Factory and High Voltage (HV) Cable Systems Factory (Opening end 2010). With five manufacturing f a c i l i t i e s , they have a manufacturing capability of over 110,000 copper tonnes of high, medium and low voltage cables per annum.

With a modern PVC compounding plant at its Jebel Ali facility, Ducab produces flexible PVC compounds used for insulating and sheathing of electric cables. The plant includes automated weighing and dosing systems for each component of the various formulations. A centralised control system, which includes a dedicated video graphic display system, facilitates user-friendly operation of the whole plant while maintaining accurate control of each component.

Inaugurated in 2005 by H.H Sheikh Hamed Bin Zayed Al Nahyan, the 220,000 sq m factory manufactures Building Wires and Low Voltage cables. It has the very latest in production machinery and testing equipment from Italy, France, Germany, Sweden and Finland. Ducab Mussafah 1 Factory is home to the world’s first “Horizontal lead sheathing line” supplied by Folke Sandelin, Sweden.

Ducab Copper Rod Plant is the first Copper Rod Plant in the UAE. The AED 125 million facility is located adjacent to Ducab Mussafah 1 Factory and was inaugurated in June 2008 by H.H Sheikh Hamed Bin Zayed Al Nahyan. The copper plant converts raw copper cathode into 8mm diameter Electrolytic Tough Pitch (ETP), Copper rod as per BS EN 1977:1998 and ASTM-B49-08a.

Ducab has a manufacturing capability of over 110,000 copper tonnes of high, medium and low voltage cables per annum..

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powering the region.Ducab


World-Class Quality at DucabDucab’s mission is to produce electric cables and associated products of highest quality and provide customer service that is unequalled worldwide. As one of the founding members of Dubai Quality Group, they strongly believe that the relentless pursuit of quality and continuous improvement is the only long-term route to success. As a result, in 1993, at a

time when Quality M a n a g e m e n t Systems and ISO 9000 standards were relatively unknown in the region, Ducab achieved certification to ISO 9002.

Ducab has always upgraded and maintained its Quality Management Systems to the latest version of ISO 9001 and this is evident from recent approval to its 2008 version certification. Their management systems and products are certified by BASEC UK (British Approvals Services for Electric Cables), a specialist

certification body in the cable industry.

As the policy at Ducab is to manufacture electrical power cables of the highest quality, their Management Systems are audited at regular intervals by BASEC UK, Lloyd’s Register UK, LPCB UK and ESMA UAE. In addition, their factory operations and management systems are also audited and approved by major customers such as DEWA, ADWEA, EMAL, ABB, SIEMENS, AREVA and ALDAR.

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Fireguard fiber-optic Cables

Ducab


As part of their continual improvements objective, they have also adopted the Six Sigma methodology pioneered by Motorola and to date more than 20% of Ducab's staff and Engineers are trained and certified Six Sigma Professionals. At Ducab Six Sigma methodology is the acknowledged method of improving product quality and company performance in all areas of the business.

Ducab became the first company in the Middle East to tie-up with the Motorola

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University to adopt this unique approach and attain new standards in quality management.

Ducab has also embraced the Japanese continuous improvement philosophy 'KAIZEN' and 5 'S', which have been successfully implemented to gain significant advantages. Ducab has implemented the Japanese 5 'S' System that aims to make the working environment more conducive for productivity, innovation and efficiency.


As one of the founding members of the Dubai Quality Group, they strongly believe that the relentless pursuit of quality and continuous

improvement is the only long-term route to success.

Ducab's cable manufacturing facility

Ducab


Little Lady Foods Inc.


Expanding faster than a waistline.

Little Lady Foods Inc.Little Lady Foods was founded in the Wrigleyville neighborhood of Chicago by the Esposito family in 1961. The small company was then purchased in 1984 by restaurateur, Angelo Geocaris, whose family had deep roots in the restaurant industry, with the vision to take his Barnaby’s pizzeria recipe into grocery stores nationwide.

Over the past 25 years the company has changed and grown. Little Lady Foods today develops and manufactures products for private labels, foodservice and contract manufacturing customers worldwide. Under the current management team, Little Lady Foods has grown from $100,000 in sales in 1984 to over $300 million and their pizzas, hand held items and gourmet sandwiches are available in the largest and most popular restaurants and food companies in the world!


Those who choose to do business with Little Lady Foods become their partner in sharing their knowledge of the industry to further all aspects of business.

Little Lady Foods pride themselves on developing great ideas backed by expert execution. Their extensive Marketing and R&D departments are continually monitoring the marketplace for the latest consumer insights and preferences as culinary trends--developing products that appeal to consumers ’ e v e r -c h a n g i n g tastes. Their i n n o v a t i v e team works every step of the way to develop r e c i p e s and menu solutions, and their process experts scale up recipes for guaranteed consistency and national scale supply. No matter the approach, they can guarantee a

delicious product that is sure to meet or exceed expectations with the highest quality and safety standards.

To ensure that their products taste as fresh as when they were first made, they rely on state-of-the-art technologies that freeze their products faster and at a lower temperature, resulting in the highest quality frozen products in the market. Using only the finest ingredients, they have developed a reputation of providing value

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In today’s world, the focus is on healthier, "good-for-you" options that need to have consumers feeling satisfied. Little Lady Foods knows that you should not have to sacrifice quality and taste to stay fit.


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added products to their customers with very strict quality and safety standards.

Healthy Options: Organic Pizzas and Lean Gourmet SandwichesIn today’s world, the focus is on healthier, good-for-you options that need to have consumers feeling satisfied. Little Lady

Foods knows that you should not have to sacrifice quality and taste to stay fit.

For all products containing crusts or bread ingredients, LLF offers wheat alternatives as well as low-fat and low-carbohydrate options. They also have other healthy substitutes like turkey bacon, chicken

s a u s a g e , v e g e t a r i a n products and low-fat cheeses. Little Lady Foods strives to distinguish themselves from the rest through quality, flavor, selection, and speed to market.

Together with this and the help of their culinary expertise, their products satisfy even the biggest appetites!

With "Organic" being a w h o l e s o m e alternative, Little Lady Foods has taken this

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knowledge and created its own line of flavorful pizzas made with organically grown ingredients. This new line consists of great tasting pizzas full of delightful flavors, eye-catching colors, and irresistible aromas that are sure to make any mouth water.

By utilizing up-scale ingredients such as diced artichoke hearts, chopped black olives and fire roasted peppers these pizzas will be sure to make a powerful impression.

Research shows that organic foods are produced without the use of harmful pesticides, herbicides and genetically modified organisms. Through obtaining an Organic Certification, Little Lady Foods has addressed this growing worldwide

Little Lady Foods' organic line consists of great tasting pizzas that use up-scale ingredients such as diced artichoke hearts, chopped black olives and

fire roasted peppers.

demand for organic foods and intends to secure their standing for assuring quality and variety within their products.

In 25 years, a lot has changed…but one thing is for certain…They will continue their commitment to the success of all of their customers.

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Little Lady Foods' organic line consists of great tasting pizzas that use up-scale ingredients such as diced artichoke hearts, chopped black olives and

fire roasted peppers.

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Larger than Life

If you have the money and the opportunity, which car would you pick?

Here is the list of the 10 most expensive (in terms of production) cars on the market for 2010-2011.

1. Bugatti Veyron Price: $1,700,000. By far the most expensive street legal car available on the market

today, the Bugatti Veyron is the fastest accelerating car reaching 0-60 in 2.6 seconds.

the world’s 10 most expensive cars for

2010-2011 that promise to get your

adrenaline pumping wildly


Larger than LifeLean, Mean Bodies of Steel!

Claiming to be the fastest car with a top speed of 253 mph+ (but getting into controversial grounds with the

SSC Ultimate Aero where speed is concerned) the Bugatti Veyron carries on the name of racing driver Pierre Veyron, who, while racing for the original Bugatti car manufacturer, won the 24 hours of Le Mans in 1939.


Larger than Life

2. Lamborghini Reventon Price: $1,600,000.

The most powerful and the most expensive Lamborghini ever built figures second on this list of most expensive cars. The Reventon takes 3.3 seconds to reach 60 mph and has a top speed of 211 mph. Its rarity (limited to 20) and slick design are the reasons for it being so expensive and costly to own.

It has an amazingly fast acceleration speed, reaching 60 mph in 2.6 seconds. Endowed with W16 engine-16 cylinders in 4 banks of 4 cylinders fed by four turbochargers, a dual-clutch DSG computer-controlled manual transmission, the Veyron has a length of 4462 mm, a width of 1998 mm and height of 1206 mm.

The Bugatti Veyron

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2010-2011's ten most expensive cars

3. McLaren F1 Price: $970,000.

In 1994, the McLaren F1 was the fastest and most expensive car. Despite being built 15 years ago when technology was way less advanced, the McLaren F1 has an unbelievable top speed of 240 mph and reaches 60 mph in 3.2 seconds.

4. Ferrari Enzo Price: $670,000.

A product of the world’s favourite supercar brand, the Enzo has a top speed of 217 mph and reaching 60 mph in 3.4 seconds. With only 400 units of this car having been produced, it is currently being sold for over $1,000,000 at auctions.

5. Pagani Zonda C12 F Price: $667,321.

C12 F, the 5th fastest car in the world, is produced by a small independent company in Italy, and promises to deliver a top speed of 215 mph, reaching 0-60 in 3.5 seconds.

Second most expensive car in the world

The Lamborghini Reventon

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Larger than Life

6. SSC Ultimate Aero Price: $654,400.

Don't let the price tag fool you, the 6th most expensive car is actually the fastest street legal car in the world with a top speed of 257 mph+ and reaching 0-60 in 2.7 seconds.

While this baby costs only half as much as the Bugatti Veyron, it has enough power to top the most expensive car in a speed race. It is estimated that only 25 of this exact model will ever be produced.

The world's fastest street legal carSSC Ultimate Aero

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7. Saleen S7 Twin Turbo Price: $555,000.

The first true American production certified supercar, this car has also been ranked the 3rd fastest car in the world. It has a top speed of 248 mph+ and it can reach 0-60 in 3.2 seconds.

10. Porsche Carrera GT Price: $440,000.

A supercar with dynamic stability control, a top speed of 205 mph+ and the ability to reach 0-60 in 3.9 seconds, the Porsche Carrera GT applies the absolute calibers of a true racing car.

8. Koenigsegg CCX Price: $545,568.

Swedish made, the Koenigsegg is fighting hard to become the fastest car in the world. Currently, it is the 4th fastest car in the world with a top speed of 245 mph+.

9. Mercedes Benz SLR McLaren Roadster Price: $495,000.

A GT supercar, the SLR McLaren is the fastest automatic transmission car in the world with a top speed of 206 mph+ and reaching 60 mph in 3.8 seconds. It is a luxurious convertible with a really powerful engine, which results in outstanding performances and style.

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Samara Build : 01-MAR-11 to 04-MAR-11Venue: P.Alabin Exhibition Complex, Samara, Russia

Eco House Expo : 02-MAR-11 to 04-MAR-11Venue: Tokyo International Exhibition Center (Tokyo Big Sight), Tokyo, Japan

KazBuild Spring : 02-MAR-11 to 05-MAR-11Venue: Atakent International Exhibition Centre, Almaty, Almaty [City], Kazakhstan

China International Building Decorations & Materials Exhibition: 02-MAR-11 to 05-MAR-11Venue: China New International Exhibition Center, Beijing, China

UNICERA - International Ceramic, Bathroom & Kitchen Fair: 02-MAR-11 to 06-MAR-11Venue: Tuyap Fair Convention & Congress Center, Istanbul, Turkey

MiaGreen Expo & Conference: 03-MAR-11 to 04-MAR-11Venue: Miami Beach Convention Center, Miami, Florida, USA

North Iowa Home & Landscaping Show : 04-MAR-11 to 06-MAR-11Venue: North Iowa Fairgrounds, Mason City, Iowa, United States Of America

Architecture+Construction Materials : 08-MAR-11 to 11-MAR-11Venue: Tokyo International Exhibition Center (Tokyo Big Sight), Tokyo, Japan

BYGGMASKINER : 08-MAR-11 to 11-MAR-11Venue: Swedish Exhibition Centre (Svenska Massan), Goteborg, Vastra Gotaland, Sweden

Hard Hat Expo : 09-MAR-11 to 10-MAR-11Venue: New York State Fairgrounds, New York, USA

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COMPOSITE EXPO : 01-MAR-11 to 03-MAR-11Venue: Crocus Expo International Exhibition Center, Moscow, Moskva, Russia

SPIE Advanced Lithography : 27-FEB-11 to 04-MAR-11Venue: San Jose Convention Center, San Jose, California, USA

Expo Manufactura : 01-MAR-11 to 03-MAR-11Venue: Cintermex Expo Center, Monterrey, Nuevo Leon, Mexico

PNEUMATICON : 01-MAR-11 to 03-MAR-11Venue: Kielce Trade Fair Centre, Kielce, Swietokrzyskie, Poland

ENEX : 01-MAR-11 to 03-MAR-11Venue: Kielce Trade Fair Centre, Kielce, Swietokrzyskie, Poland

Intec-Industrial Trade Fair : 01-MAR-11 to 04-MAR-11Venue: Leipzig Exhibition Centre, Leipzig, Sachsen, Germany

Logistics : 01-MAR-11 to 04-MAR-11Venue: Kiev Expo Plaza Exhibition Center, Kiev, Kiev City, Ukraine

Mattex : 01-MAR-11 to 04-MAR-11Venue: Expocentre Fairgrounds, Moscow, Moskva, Russia

Maquitec Expo : 01-MAR-11 to 05-MAR-11Venue: Gran Via Exhibition Centre, Barcelona, Spain

AmCon-Orlando : 02-MAR-11 to 03-MAR-11Venue: Orange County Convention Center, Orlando, Florida, USA

Processing Technology Expo : 02-MAR-11 to 04-MAR-11Venue: Tokyo International Exhibition Center, Tokyo, Japan

Gulf Glass : 07-MAR-11 to 09-MAR-11Venue: Abu Dhabi National Exhibition Centre, Abu Dhabi, UAE

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Renewable Energy Finance Forum - Central & Eastern Europe : 01-MAR-11 to 02-MAR-11Venue: TBA, Warsaw, Warszawa, Poland

Energy Indaba : 01-MAR-11 to 03-MAR-11Venue: Sandton Convention Centre, Johannesburg, Gauteng, South Africa

ENEX-New Energy : 01-MAR-11 to 03-MAR-11Venue: Kielce Trade Fair Centre, Kielce, Swietokrzyskie, Poland

Industrial Cold : 01-MAR-11 to 04-MAR-11Venue: Kiev Expo Plaza Exhibition Center, Kiev, Kiev City, Ukraine

China International Heating Ventilation & Air-conditioning Expo: 03-MAR-11 to 05-MAR-11Venue: Beijing China International Exhibition Center (CIEC), Beijing, China

Salon Ecobat Paris : 03-MAR-11 to 05-MAR-11Venue: Porte de Versailles, Versailles, Ile-De-France, France

Energiespar Messe : 04-MAR-11 to 06-MAR-11Venue: Messe Wels, Wels, Upper Austria, Austria

International Battery Expo & Recycling Conference : 07-MAR-11 to 09-MAR-11Venue: Hyderabad Hotel Novatel, Hyderabad, Andhra Pradesh, India

Saudi Downstream : 08-MAR-11 to 09-MAR-11Venue: Movenpick Hotel, Yanbu, Saudi Arabia

Renewable Energy World Conference & Expo North America : 08-MAR-11 to 10-MAR-11Venue: Tampa Convention Center, Tampa, Florida, USA

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Food & BeveragesFrozen : 01-MAR-11 to 03-MAR-11Venue: Feria de Zaragoza, Zaragoza, Spain

International Pizza Expo : 01-MAR-11 to 03-MAR-11Venue: Las Vegas Convention Center, Las Vegas, Nevada, USA

Foodex Japan : 01-MAR-11 to 04-MAR-11Venue: Makuhari Messe International Convention Complex, Chiba, Japan

Sandwich & Snacks Show : 02-MAR-11 to 03-MAR-11Venue: Paris Porte de Versailles, Paris, Ile-De-France, France

Fast Food & Cafe Helsinki : 02-MAR-11 to 03-MAR-11Venue: Helsingin Messukeskus, Helsinki, Finland

Vinex trade fair : 02-MAR-11 to 04-MAR-11Venue: Brno Exhibition Centre, Brno, Jihomoravsky Kraj, Czech Republic

Culinology Expo : 04-MAR-11 to 04-MAR-11Venue: Georgia World Congress Center, Atlanta, Georgia, USA

Nightclub & Bar Convention & Trade Show : 07-MAR-11 to 09-MAR-11Venue: Las Vegas Convention Center, Las Vegas, Nevada, USA

VIV Asia : 09-MAR-11 to 11-MAR-11Venue: Bangkok International Trade & Exhibition Centre, Bangkok, Krung Thep, Thailand

CHINA DRINKTEC : 09-MAR-11 to 11-MAR-11Venue: China Import & Export Fair Pazhou Complex, Guangzhou, Guangdong, China

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Middle East Rail : 28-FEB-11 to 03-MAR-11Venue: Beach Rotana Hotel & Towers, Abu Dhabi, UAE

Automotive Logistics Europe : 01-MAR-11 to 03-MAR-11Venue: Hotel Kameha Grand Bonn, Bonn, Nordrhein-Westfalen, Germany

Asian Shipping & Work Boat : 01-MAR-11 to 03-MAR-11Venue: Suntec Singapore International Convention & Exhibition Centre, Singapore

Aerospace & Defence Training Show : 02-MAR-11 to 03-MAR-11Venue: Dubai Airport Expo, Dubai, United Arab Emirates

Inter Airport India : 08-MAR-11 to 10-MAR-11Venue: Bombay Exhibition Centre(BEC), Mumbai, Maharashtra, India

Air Traffic Control Exhibition : 08-MAR-11 to 10-MAR-11Venue: Amsterdam RAI, Amsterdam, The Netherlands

Air Freight Asia : 08-MAR-11 to 10-MAR-11Venue: AsiaWorld - Expo, Hong Kong, China (Hong Kong S.A.R.)

Maritime Vietnam : 09-MAR-11 to 11-MAR-11Venue: Tan Binh Exhibition & Convention Centre, Ho Chi Minh City, Ho Chi Minh, Vietnam

MetroRail : 14-MAR-11 to 17-MAR-11Venue: Milan Marriott Hotel, Milan, Lombardia, Italy

Aviation Outlook MENA : 14-MAR-11 to 17-MAR-11Venue: Dubai Shangri-La Hotel, Dubai, United Arab Emirates

Exporail Russia : 16-MAR-11 to 18-MAR-11Venue: Expocentre Fairgrounds, Moscow, Moskva, Russia

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industry leaders magazine march 2011 issue

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