Growing competition from Chinese crusher market

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0
Shipping Terms:
FOB
Date Posted:
2012-07-30
Expires:
2013-01-30
Status:
Expired

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In May, China State Construction Engineering Corp (CSCEC) signed an agreement with Abu Dhabi state-owned investment company Aabar that will see it channel US$ 2 billion into real estate projects in the emirate. The latest model from Link-Belt, a subsidiary of Sumitomo which is active in the Americas, is the 21.7 to 23.1 tonne 210 X3. The company says the Interim Tier 4 Isuzu engine offers 10% better fuel efficiency, +7% more lift capacity, +3% faster cycle times and improved serviceability. As with most other new machines this year, there is an auto idle function to cut fuel consumption at times of inactivity.
Improvements have also been made in bal mill operator comfort, with a +5% bigger cab and better visibility. The large, 7-inch (178 mm) colour display is the main tool for changing the machine's settings and this can also take a feed from the rear-view camera, which is a standard piece of equipment. The Industrial and Commercial Bank of China (ICBC) will provide the funding, while CSCEC will be the contractor for the project, which includes the construction of hotels, office buildings and high-end residential buildings in Abu Dhabi. In return, Aabar will repay ICBC through the revenue it gets from oil trading.
Volvo's Mr Gardetun also noted a surge in interest from Chinese manufacturers looking to target the region's construction equipment market.
JCB meanwhile is making significant changes to its excavator range, which includes installing its own  Dieselmax 444 engine to its 11 to 18 tonne machines. The company says one of the key advantages of
"In general in the Middle East, we see a strong development on the crawler excavators with the biggest demand in the 20 to 25 tonne class. We also see a growing competition from the Chinese manufacturers on wheeled loaders and they are increasing their share of the market," he said.

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