Axalta opens Europe

Axalta opens Europe, Middle East and Africa Management Headquarters

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Axalta opens Europe, Middle East and Africa Management Headquarters

Axalta Coating Systems , a leading global manufacturer of liquid and powder coatings, has opened its new Europe, Middle East and Africa (EMEA) headquarters in Basel, Switzerland. Members of Axalta’s EMEA leadership team, who had been located in different offices, have all been in the new Swiss premises as of July 1 when the regional headquarters became fully operational.

Matthias Sch’nberg, Axalta Vice President and President of EMEA, says, ‘This move reflects our commitment to have a truly regional vision. By having our EMEA leadership team, who set the strategic direction of the EMEA businesses, in one location, we can leverage synergies and focus fully on driving growth in our markets. This in turn allows our country management teams to concentrate on the all-important daily local operations. But ultimately, this change is designed to make all of us in the region even more focused on our customers through improved cross-functional collaboration.’

Switzerland was chosen because of its central location in Europe and an accommodating environment and talent pool for international business. The Basel area also has easy access to two international airports that provide a gateway to the entire EMEA and global community.

Tuna

Tuna, salmon firm Alliance Select eyes Middle East market

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Tuna and salmon processor Alliance Select Foods International is planning on building partnerships with distributors to boost its presence in the Middle East.

Alliance Select, based in the Philippines, said the Middle East is an important market for the company’s overseas business, given the robust consumption activity in the region.

“As we continue to fortify our presence in international markets, the Middle East plays a pivotal role in our current sales strategy,’ said Raymond See, president and CEO of Alliance Select.

‘This region boasts of a strong consumer market with an increasingly growing taste for quality tuna and smoked salmon and we are eager to position our products at the forefront of this promising trend,” said See.

According to the Gulf Cooperation Council, the entire Middle East region consumes a total of 392,000 metric tons of fish every year and is expected to grow year on year until 2030, with the United Arab Emirates alone expected to exceed the region’s current consumption.

The company added that the hike in consumption can be attributed to an increasing population, affluence, and economic diversification by some countries in the region.

The Middle East is not a new market for Alliance Select but it is determined to leverage its strength and familiarity with the industry to successfully grow its tuna and salmon business in the region, it said.

‘Alliance Select is equipped to be a major player in the Middle Eastern fish industry thanks to our vertically integrated business model. The vertical model covers manufacturing, canning and distribution, which ensures that the company provides fresh, premium quality seafood products,’ See said.

Thai Union Group, the world’s largest tuna canner, is also planning expansion in the Middle East.

Middle East Refiners Drown Global Markets

Middle East Refiners Drown Global Markets

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During the next five years, more expansion of refining capacity in the Middle East will continue to realign global petroleum product markets. According to ESAI Energy’s recently released Five-Year Global Fuels Outlook, increases in gasoline, diesel, jet fuel and fuel oil production in the region will alter trade patterns and keep global refining margins from mounting a significant recovery.

Yearly increases in Middle East refined product output are not new. In the period 2011-2015, combined output of the five main products (naphtha, gasoline, jet fuel, diesel and fuel oil) rose by an annual average 210,000 b/d. In 2016, we expect a 550,000 b/d increase, which is also noteworthy as it exceeds demand growth of just 180,000 b/d for those products. The transition of the Middle East refining region into a net exporter of petroleum products has been bearish for global refined product market fundamentals in recent years. It has been a major contributor to the fall in product market ‘dominoes’ that ESAI Energy has used to describe a succession of bearish turns in product price spreads to crude oil from LPG to diesel to gasoline.

The recent correction in gasoline spreads’assisted by increases in export volumes from India and China’is part of this phenomenon. ‘Oil majors have come under scrutiny for pushing refining units to offset profit losses from low energy prices,’ said Sarah Emerson, Managing Principal of ESAI Energy. ‘However, it may not be the major oil companies who are most influencing the market. In fact, careful analysis reveals that refining margins have fallen not so much because of steps taken by the oil majors, but rather by growing refinery output in the Middle East, India, China all of which have added to their own product supplies and in the process either need to import less from the global market or can now export more to the global market.

Through 2021, large refinery and condensate splitter projects should be completed in Iran, Iraq, Kuwait, Saudi Arabia and the U.A.E., while Oman and Qatar will also add capacity. In the period 2017-2021, ESAI Energy expects refining capacity expansions will lead Middle East production of the five main products to increase by about 355,000 b/d annually against average regional demand growth of just 195,000 b/d per year. The erasure of regional gasoline and fuel oil deficits will join jet fuel and diesel, the surpluses of which will expand precipitously, as the chart illustrates.

As a result, product exporters in Asia, Europe and North America will need to compete in new markets or against new players in traditional ones. That competition will continue to pressure refining margins and threaten operations at the least competitive refineries.

Source: ESAI Energy

AT-RISK International Announces New Office in Dubai

AT-RISK International Announces New Office in Dubai

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AT-RISK International Announces New Office in Dubai

AT-RISK International, LLC, a leader in executive protection, consulting, investigations, biosecurity and security training services, announced today the opening of its new office in Dubai, United Arab Emirates. Andreas Karki, a seasoned expert with in-country experience and a detailed understanding of the security situation in Europe, the Middle East and Africa (EMEA), will lead the company’s efforts in the region providing oversight of the firm’s consulting, protection and operational security including direct support of client matters. The firm’s global team of professionals will continue to service clients across all countries in the region obtaining insight into the concerns for businesses already operating in EMEA, or those businesses considering expansion to the region. Having a permanently stationed team in the region will ensure more direct client interactions in real-time.

As security remains a primary concern for many businesses in the EMEA region, demand for AT-RISK’s services has never been greater. Due diligence and risk analysis continue to drive the foundation of the firm’s work to help ensure the safety and security of personnel and facilities. Significant business risks stemming from political and economic conditions, reconstruction and foreign national travel remain top of mind for AT-RISK and its clients.

The Dubai office will work with clients that have multiple service needs, focusing on reducing security risks for organizations and individuals operating in EMEA. In addition, AT-RISK will offer a range of security, market entry strategy and intelligence services for multi-national organizations and high-profile individuals. The same consulting practices that have made AT-RISK a reliable name within the industry, will be available in the region including executive protection, risk assessment, biosecurity, travel security, expat briefings and background investigations.

‘Operating in Europe, the Middle East and Africa requires an inclusion of security at every stage and choosing a trusted and experienced security provider is key,’ said AT-RISK President Chuck Tobin. ‘AT-RISK’s ability to provide immediate and significant intel in the region to our clients has always been a top priority and having a team that is cognizant of cultural differences between countries and regions helps to ensure successful relationships are developed.’

Mr. Karki joins AT-RISK as Director of Operations in EMEA. He is based in Dubai and has more than 15 years of experience in the private security sector having worked on large, multi-cultural assignments in Scandinavia, Europe and the United Arab Emirates. With Mr. Karki’s extensive background and multi-lingual abilities in Scandinavian, English and Arabic, he is poised to lead AT-RISK’s EMEA expansion efforts.

‘The opening of our Dubai office enables our team to work with individuals and businesses operating in EMEA face-to-face on a daily basis,’ said Mr. Karki. ‘Our experts are extensively vetted, trained and proven to protect people, businesses and assets. We are excited to build upon our strong worldwide relationships to further our commitment in this region.’

Treedom Returns to the Middle East Market

Treedom Returns to the Middle East Market

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Treedom Returns to the Middle East Market

The Treedom Group, a leading exporter and manufacturer of Oud Oil from Thailand, is returning to Beautyworld Middle East 2016, held during 15th ‘ 17th May 2016 in Dubai, for the sixth year. Continuous improvements and knowledge expansion enable Treedom to supply the market with high quality Oud Oil at large quantities; making Treedom the desired supplier of the Middle East market and the company aims to increase its market share by attending.

Mr. Andrew Steel, Director of The Treedom Group noted that, ‘Treedom is a familiar face at Beautyworld Middle East; we have been exhibiting since 2012. This is our 6th time visiting here, and we always receive positive feedback from clients and potential business opportunities; the Oud Oil market is familiar with our products and our sales have increased accordingly.’

For 2016, Treedom plans to further penetrate the European market, without losing focus on the Middle East market. We are planning to increase production capacity in order to support the increasing demand for Oud Oil, by developing the best technology and equipped with experts in the industry, Treedom is able to manufacture high quality Oud Oil to meet the requirements of our clients. Andrew Steel also added, ‘We are transparent in our business model, and provide certification for our products as well as CITES documentation.’

For Beautyworld Middle East 2016, Andrew expects ‘our sales to increase by 20%, as we are meeting a number of new clients. Apart from generating increased income, we also plan to carry out extensive research into the market to stay abreast of changes and trends, which can be used as an advantage to Treedom.’

 

Oshkosh Defense Offers Five M-ATV Variants to Meet a Full Range of Mission Requirements

Oshkosh Defense Offers Five M-ATV Variants to Meet a Full Range of Mission Requirements

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Oshkosh Defense Offers Five M-ATV Variants to Meet a Full Range of Mission Requirements

Oshkosh platform is the battle-proven MRAP platform that sets the standard for off-road mobility and protection for armed forces around the world.

Oshkosh Defense, LLC, an Oshkosh Corporation company, is offering five Mine-Resistant Ambush Protected (MRAP) All-Terrain Vehicle (M-ATV) variants to meet a full range of mission requirements for armed forces around the world.

Collectively, the battle-proven M-ATV Family of Vehicles offers the best combination of protection and off-road mobility performance for peacekeeping, internal security, border security, special forces, counterinsurgency and conventional military operations. The M-ATV Family of Vehicles includes:

M-ATV Special Forces
M-ATV Assault
M-ATV Engineer
M-ATV Command
M-ATV Utility
‘Whether soldiers are mobilized for large force-on-force wars, unconventional conflicts, or routine security operations, militaries require tactical vehicles that will allow them to carry out their mission in any environment, climate or threat level,’ said Bill Mooney, regional vice president of Middle East and North Africa for Oshkosh Defense. ‘The common fleet of the Oshkosh M-ATV Family of Vehicles optimizes fleet readiness and maintainability while providing versatility for even more mission capabilities.’

The global M-ATV platform achieves industry leading off-road performance with the Oshkosh TAK-4′ independent suspension system. The TAK-4′ independent suspension system delivers exceptional mobility in places where off-road terrain and unpaved roads dominate the landscape. The latest generation Oshkosh M-ATV provides response, improved ride quality, and support capabilities to soldiers for a range of offensive and defensive missions across a wide range of environments.

Oshkosh Defense combines the latest technologies to develop an advanced Core1080′ crew protection system, to achieve proven best-in-class performance and protection. From blast mitigation, advanced suspensions and drivetrains, integrated C4ISR and beyond ‘ the Oshkosh Core1080’ comprehensive approach increases survivability and gives soldiers the confidence they need as they complete their missions outside the wire.

To date, Oshkosh Defense has received orders for nearly 10,000 M-ATVs from the U.S. military and Middle East armed forces.

 

 


As Oil Giants Gather in Tehran

As Oil Giants Gather in Tehran, UANI Warns About Revolutionary Guard’s Grip on The Industry

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As Oil Giants Gather in Tehran, UANI Warns About Revolutionary Guard’s Grip on The Industry

As oil giants gather this week in Tehran for the Iran Oil Show, United against Nuclear Iran is warning global oil and gas companies that entering the Iranian market is risky business. UANI has launched an international campaign targeting hundreds of companies who are pursuing deals with Tehran, including 10 of the top oil and gas companies worldwide.

‘The lead organizer of the 2016 Iran Oil Show is the National Iranian Oil Company (NIOC), which the U.S. Treasury Department has determined to be an ‘agent or affiliate’ of the Islamic Revolutionary Guard Corps (IRGC), a terrorist organization sanctioned by the United States and the international community,’ said UANI Chairman, Sen. Joseph I Lieberman and UANI CEO, Ambassador Mark D. Wallace. ‘Any international company participating in this forum could find themselves entangled by the complex web of front companies run by the IRGC.’

Despite this troubling news, some companies are signaling ambitious new plans to expand their footprint in Iran’s oil and gas sector. The head of the NIOC said he met this week with representatives from two other companies included in UANI’s campaign: BP and Royal Dutch Shell, according to news reports.

‘With vast swathes of Iran’s oil and gas sector dominated by the IRGC, these corporations are subject to a complex patchwork of sanctions and regulations,’ the UANI leaders said. ‘The world’s companies still face profound reputational and financial risks associated with doing business with Iran.’

 

 

 

 

 

 

Cyviz Opens New Experience Centre in Riyadh

Cyviz Opens New Experience Centre in Riyadh

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Cyviz Opens New Experience Centre in Riyadh

New Centre part of company’s strategic global expansion.

Cyviz, a global leader in high-performance meeting room, data visualization, collaboration, and command & control systems, announced that it has opened a Cyviz Experience Centre (CEC) in Riyadh, Saudi Arabia. The Riyadh CEC contains the latest state-of-the-art technology in visual collaboration from Cyviz. The new office is part of the company’s global expansion, and joins the existing CECs located in Beijing, Dubai, Houston, Singapore, Stavanger, and Washington DC.
The newest CEC is in response to the fast growth Cyviz has experienced in the Middle East and Asia, with over 300 systems installed in various industries from oil and gas, banking, education, defense, to cyber security.

‘The demand for this type of collaborative environment is growing and so is Cyviz,’ commented Gilbert Soufan, President MEA and Asia Pacific at Cyviz. ‘Our global customers and partners are asking us to be present locally with them wherever they go, and we are happy to oblige.’

The state of the art experience centre in Riyadh is complemented by a full team of professionals handpicked by Cyviz to carry on providing the quality of products and services that Cyviz customers expect. The CEC has been designed to showcase the company’s solutions and visitors are welcome to schedule a demonstration.

Actuant Reaches Agreement to Acquire FourQuest MENAC

Actuant Reaches Agreement to Acquire FourQuest MENAC

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Actuant Reaches Agreement to Acquire FourQuest MENAC

Actuant Corporation announced today that it has acquired the business and assets of the Middle East, Caspian and North Africa division of privately owned Canadian-based FourQuest Energy Inc for approximately $60 million. Based in Dubai, UAE, FourQuest MENAC maintains a leading position in the provision of pipeline and process services across the Caspian, the Middle East and the North Africa regions. It provides a full range of industrial services and equipment from engineering, chemical cleaning, hydro-testing, oil flushing, air / steam blowing, nitrogen / helium leak testing services and full pipeline pre-commissioning services. Calendar 2015 revenues were approximately $25 million. 

‘FourQuest MENAC’s services are highly complementary to our existing Hydratight offering and this acquisition enhances our position as a leader of integrity and maintenance services in the energy space ‘ one of Actuant’s four macro growth markets,’ said Brian Kobylinski, Executive Vice President, Energy Segment & China. “The ability to provide a bundled offering of maintenance capabilities will allow us to deliver enhanced value to our customers, along with the ability to globalize FourQuest MENAC’s service offering throughout Hydratight’s footprint With an expanded pool of highly trained technicians, we expect this service line will generate meaningful growth over time.’


INFINIDAT Announces Global Expansion

INFINIDAT Announces Global Expansion

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INFINIDAT Announces Global Expansion

INFINIDAT, a leading provider of enterprise data storage solutions, today announced it is expanding operations globally with the opening of new offices in EMEA (Europe, Middle East and Africa), APAC (Asia Pacific), and North America. The company is also planning to more than triple the office space of its U.S. headquarters in Massachusetts and expand other U.S. locations. The global expansion is a direct result of the increasing universal demand for the high performance, scalability and reliability delivered by InfiniBox’, the company’s flagship enterprise data storage array. 

‘Enterprise companies in every market face challenges posed by growing volumes of data, and they’re seeking efficient ways to manage and utilize that data to its full advantage,’ said Moshe Yanai, INFINIDAT Founder and CEO. ‘InfiniBox provides companies with the performance, capacity and efficiency they need to address their data growth and utilize that data to be highly competitive.’

INFINIDAT’s global expansion includes new offices in major cities across EMEA: London, U.K.; Stockholm, Sweden; Hague, Netherlands; and Pretoria, South Africa. The company has also opened offices in APAC: Hyderabad and Bangalore, India; Tokyo, Japan; Melbourne and Sydney, Australia; and Toronto, Canada.

INFINIDAT is also in the process of moving its U.S. headquarters from a 5900 square foot space in Needham, MA to a newly constructed 23,000 square foot office in Waltham, MA. The company is also expanding the offices of its two other U.S. locations in California and Colorado.

INFINIDAT’s EMEA and APAC headquarters is located in Hertzeliya, Israel. Prior to this global expansion, the company had existing offices in France, Germany, Italy, Spain, Russia, China, Hong Kong, Singapore and Mexico. All INFINIDAT offices provide customers with full sales services and product support.

Founded in 2011 by veteran enterprise storage visionary, Moshe Yanai (EMC, XIV, IBM), INFINIDAT is funded by industry leading investors TPG Growth and MII Ventures. This global office expansion follows a year of significant sales growth for INFINIDAT. In 2015, INFINIDAT grew revenue by 331 percent year-over-year. In Q4 2015 alone, INFINIDAT sales increased over 183 percent quarter-over-quarter, with 50 percent of that revenue coming from customers outside of the North American market.

Scalable to over 2PB of usable storage capacity in a single 19-inch/42U rack, InfiniBox offers 99.99999% availability and delivers ultra-high performance of up to one million IOPS. Reliability features include end-to-end data protection, triple redundant power and data paths, snapshots and replication, and hot swap upgrades built into the core OS layer. InfiniBox storage arrays are also extremely power-efficient, drawing a maximum of between 3-8KW at a full load. As a result of all its storage performance and efficiency capabilities, InfiniBox provides customers with an extremely low total cost of ownership.

INFINIDAT began shipping InfiniBox in late 2013 and has deployed the solution in major enterprise data centers around the world. INFINIDAT customers include Fortune 500 companies in Finance and Banking, Government, Healthcare, Energy, and Cloud Services.

 

 

Waypoint Leasing Opens Regional Offices in Africa & Middle East Further Expanding Global Reach

Waypoint Leasing Opens Regional Offices in Africa & Middle East Further Expanding Global Reach

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Waypoint Leasing Opens Regional Offices in Africa& Middle East, Further Expanding Global Reach

Waypoint Leasing Limited , the largest independent global helicopter leasing company, today announced the opening of two new regional offices, covering the company’s operations in Australia and Africa/The Middle East, respectively. 

Waypoint’s Australia office, located in Brisbane, will be launched in April 2016 and led by Waypoint executive Chris Wakefield. Establishing the office will further bolster Waypoint’s presence across the region, where the company has already delivered five aircraft to several leading operators.

Waypoint’s Africa office, located in Cape Town, will be launched in the second quarter of 2016 and led by Waypoint executive Con Barber. In addition to covering Waypoint’s operations across Africa, Mr. Barber will also cover the firm’s Middle East operations. To date, Waypoint has 12 aircraft on lease to operators in Africa.

In their respective roles as Heads of Waypoint’s regional operations, Chris Wakefield and Con Barber will report to Clark McGinn, Senior Vice President of Sales & Relationship Management. Waypoint now maintains offices in North America, South America, Europe, Africa, Australia and Asia.

Clark McGinn, SVP of Sales and Relationship Management of Waypoint, said, ‘We are excited to announce our presence in Australia and Africa, and by extension, the Middle East as well. These are important, growing markets and we are further expanding our global reach to better serve our customers. Both Chris and Con have extensive knowledge of their respective regions and the overarching helicopter leasing landscape. Bringing in talented people with significant experience is a prudent way to deepen our existing customer relationships, develop new ones and continue expanding throughout Australia, Africa, and the Middle East.’

Chris Wakefield, Vice President of Sales & Relationship Management, said, ‘I am excited to return to Australia after focusing on the region for a number of years. Australia is an important market for Waypoint, with strong opportunities to provide customized leasing solutions for operators in the region.’

Con Barber, Director Sales & Relationship Management, said, ‘Having worked on projects in both Africa and the Middle East, I am aware of the enormous potential these important regions possess. I am confident that by being close to our customers and helping them in their fleet management, we will further deepen our relationships and continue to expand in these high growth markets.’

Mr. Wakefield joined Waypoint in January 2016, with seven years of experience in the helicopter sector. Prior to joining Waypoint, Chris worked for almost five years as part of CHC Helicopter’s aviation finance team in Dublin, Ireland, where he was responsible for relationship management and contract negotiation with lessors, banks, and ECAs, with a particular emphasis on the Australian market. Prior to this, Mr. Wakefield worked for the boutique aviation finance law firm, IWG Daws LLP. Chris holds a degree in Law (LLB) from University College, London, a Masters in Law (LLM) from the University of New South Wales, Australia and is also a CFA’ charterholder. Chris speaks conversational French and Japanese.

Mr. Barber has twenty years of experience in the aviation sector, filling a wide variety of technical, project management, and strategic advisory roles. Prior to joining Waypoint, Con was the Chief Technical Officer (Fixed Wing Aircraft) with the Irish Air Corps, where he held a key role delivering the Irish Air Corps helicopter fleet renewal program ‘ successfully introducing a new fleet of EC135 and AW139 multi-mission helicopters. While with the Irish Air Corps, Con also served on secondment in fleet management roles for the European Union and the Swedish Air Force. Con has also worked for Rose Aviation Ltd and the United Nations in various aviation leadership roles in Europe and Africa. Mr. Barber holds a primary degree in Aeronautical Engineering from Queen’s University and has various post-graduate qualifications, including: an MBA and MSc from the Smurfit Business School at University College Dublin and an MA from the National University of Ireland.

 

 

Theorem Expands Team in EMEA Region

Theorem Expands Team in EMEA Region

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Theorem Expands Team in EMEA Region

Leading mobile strategist from Amazon joins Theorem London team

Theorem, a leading digital media services company, has hired Nik Dewar as its business director, in a new role that will oversee the company’s expansion into key regions across European, Middle East and African (EMEA) markets.

Dewar previously worked in senior roles at Microsoft and most recently at retail giant Amazon, where he was responsible for their mobile advertising proposition across Europe – a hugely successful and fast growing area of Amazon’s business.

‘Nik brings with him valuable digital media and mobile experience which will be a major asset to the management team. His knowledge in this sphere, along with international experience, will be invaluable as Theorem looks to bring increasingly innovative solutions to its clients and grow its global presence,’ commented Henry Rowe, who heads up Theorem EMEA. 

‘The digital media industry is going through unprecedented change and I am joining Theorem at a very exciting time,’ commented Nik Dewar. ‘Theorem has tremendous opportunity for growth, bringing with it strong business strategy along with unrivalled operational excellence and scale. I am delighted to be part of the team that will take it to the next level’. 

The firm is a full-service digital media company that delivers an extensive range of flexible, tailored services to help organizations plan, scale, manage and optimize their digital media initiatives. 

Providing a blend of domain specialty and digital best practices, coupled with an unrivalled heritage and experience in media services, Theorem underpins the digital program successes of companies including The Guardian, Rocketfuel, Hearst, Autotrader and Advance Digital.

Headquartered in Chatham, New Jersey, Theorem has offices in New York, London, India and the Dominican Republic. Theorem has over 1500 global employees and serves more than 200 leading agencies, publishers, networks, technology providers, and brands.