December 2014 - Air Filtration Insights 40

Freudenberg Filtration Acquires MeadWestvaco’s Global Air Purification Business

Lydall Announces Financial Results for the Third Quarter Ended September 30, 2014

Many projects, mergers and acquisitions are detailed in monthly updates in the Market Report’s Chapters under Industry Analysis.

Mexico’s economy expanded less than analysts estimated for the eighth time in 10 quarters as a rebound in growth stalled in September on weak domestic demand.

Gross domestic product rose 2.2% from a year earlier, compared with a 1.6% expansion in the second quarter, the national statistics institute said. The median estimate of 24 economists surveyed by Bloomberg was for growth of 2.3%. The IGAE indicator, a proxy for GDP that was also reported today, fell 0.1% from a month earlier in September, the second straight decline.

Banco de Mexico, led by Governor Agustin Carstens, cut its growth forecast range this week, saying indicators of domestic demand such as consumer confidence remain weak even as exports have picked up. Latin America’s second-largest economy is struggling to rebound from 1.4% growth last year, the slowest expansion since the 2009 recession.

“The economy has no momentum going into the fourth quarter,” Carlos Capistran, the chief Mexico economist for Bank of America Corp. in Mexico City, said in an e-mailed response to questions. “Services and industry remain weak.”…The remaining text is not included in this sample.

Thailand cut its outlook for the fourth time this year after its economy grew much less than expected in the July-September quarter, hit by a contraction in exports and tourism.

The surprisingly weak outlook has raised doubts the junta can quickly turn the economy around even after pledging to roll out infrastructure projects and other steps to boost spending.

Southeast Asia's second-largest economy grew 1.1% in the third quarter from the prior three months, and 0.6% from a year earlier, the National Economic and Social Development Board (NESDB) said. The remaining text is not included in this sample.

The 18-country Eurozone eked out only weak growth in the third quarter, underlining how Europe is still struggling to escape its six-year slump.

Expectations have become so bleak lately that analysts welcomed the Eurozone’s annualized growth rate of 0.6% in the last quarter as a positive surprise. Germany barely grew, France grew but largely because companies built up inventories, and Italy fell back into recession.

The bloc’s gross domestic product remains more than 2% below its level before the 2008 global financial crisis—at a time when growth in other advanced economies such as the U.S. and UK is finally strengthening.

The Eurozone economy expanded last quarter at a sluggish rate, underscoring concerns that the region is stuck in a rut of declining investment and high unemployment. The remaining text is not included in this sample.

A complete analysis of GDP and monthly updates for individual countries are included as part of Air Filtration and Purification World Markets.

This includes only projects where there was an update during the month. There are thousands of projects in the database.

New power generation projects are tracked in two publications. Fossil and Nuclear Power Generation includes both market forecasts and project data. World Power Generation Projects has just the project data.

Project Title	First Entry Date	Location	Startup date
Vempadu power plant-M/s Yeswanth Industrial Infrastructure Projects	11/1/2014	India	Unknown
Tevshiin Gobi power plant-Mogul Power	11/1/2014	Mongolia	Unknown
Mariveles power plant-Sithe/Ayala Corp.	11/1/2014	Philippines	2019
Vinh Tan 4 power project-Vietnam Energy	12/1/2013	Vietnam	2018
Vung Ang 3-PetroVietnam	8/1/2013	Vietnam	2022
Kauswagan power plant-Ayala Corp	7/1/2013	Philippines	2018
Cilacap ultra supercritical expansion	4/1/2013	Indonesia	2018
Safaga power plant on Red Sea	1/1/2013	Egypt	Unknown
Bhadreshwar power plant-OPG Ltd.	9/1/2010	India	2015
Kamakhyanagar power plant-OdishaThermal Power Corp.	9/1/2010	India	Unknown
Muzaffarpur Stage II-NTPC and BSEB	5/1/2010	Pakistan	2014
Cuddalore - Powergen Corp. power project	4/1/2010	India	Cancelled?
Sostanj 6 supercritical power plant-Termoelektrarna Sostanj	12/1/2009	Slovenia	2014
Hui'an/Fuqing 2 Units 3-6-CNNC	9/1/2009	China	Unknown
Fuqing 1,2 nuclear power plant-China National Nuclear Corp.	6/1/2008	China	2015
Barh II (4,5)-National Thermal Power Corp. (NTPC)	4/1/2008	India	2014
Flamanville 3 nuclear power plant-EDF	6/1/2007	France	2017