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Statements
7 in Venice: Dornbracht Presents Steven Gontarski, Marc Quinn and Thomas
Rentmeister
Tomorrow, at the 50th Biennale di Venezia 2003 - which runs from 13th
to 30th June - Dornbracht will present 'Statements 7, which according
to the design led bathroom fittings specilaist 'revolves around corporeality
in art', and consists of sculptural works by the three artists Steven
Gontarski, Marc Quinn and Thomas Rentmeister. The pre-opening yesterday,
12th June, was attended by the artists; in addition, Marc Quinn's 12.5m
high sculpture will be on display outside on the Grand Canal terrace of
Palazzo Venier dei Leoni, home of the Peggy Guggenheim Collection.
This
year's Biennale directed by directed by Francesco Bonami, presents an
'exhibition of exhibitions' throughout the spaces of the Arsenale, the
historic Giardini della Biennale, the Museo Correr in San Marco, and various
projects within the city of Venice to be included in the section Interludes,
making it bigger than any previous Biennale Exhibitions.
'In contrast to the introspection of the last issue of Statements, Statements
7 looks outwards,' Dornbracht explains. 'Haptic, touchable and within
reach, the sculpture and, by association with that, the corporeality of
art, is the overall subject. The artists reveal their interpretations
of corporeality in their own language, expressing it in materials, surfaces
and structures'.
Steven Gontarski lives and works in London. His sewn and cast sculptures
of human and amorphous forms take up aspects of the most diverse types
of visual expression and the latest street culture, such as art, music
and even pornography. Gontarski sees himself as part of a creative community
that consists of a larger, more open bandwidth of forms of expression
and disciplines than those embodied by the traditional definition of 'fine
art'.

Marc
Quinn (above left) is one of the best-known representatives of 'Young
Brit Art'. He first arrived on the art scene in the early 90s with 'Self',
a work for which he had 4.5 litres (8 pints) of his own blood taken over
a period of five months, created his own likeness, and displayed it in
a refrigerated cabinet. Quinn tackles bonded corporeality, its limitation
and conquest. His latest works are Eden, a walk-in stainless steel container
housing a paradisiacal garden of exotic plants, and a series of DNA portraits.
Since the early 90s, Thomas Rentmeister (above right) has been best known
for his organically shaped polyester sculptures with their highly sensitive,
reflective surfaces. Characteristic of these works are the perfection
of the external appearance and their partly figured and comic-like, abstract-minimalist
shapes. Both his polyester sculptures and his works in Nutella chocolate
spread and Penaten baby cream share the interplay with superficiality,
first impressions and unusual contextuality.
Since 1996 Dornbracht, the international manufacturer of high quality
bathroom fittings, has been presenting internationally renowned artists,
writers, musicians and designers in various Statements projects and challenging
them to tackle the interrelated subjects of 'Water, cleansing and rituals'.
The Statements projects are presented at various international exhibitions
and are also documented in catalogue editions.
Pre-Opening Statements 7
Exhibition from 13th to 30th June 2003 daily from 12.00 21.00
Antichi Granai della Republica
no 6 / Giudecca 10, 30133 Venezia
Outdoor presentation Statements 7, Marc Quinn: On the Grand Canal terrace
of Palazzo Venier dei Leoni, home of the Peggy Guggenheim Collection
Fisher
& Paykel aims to Double UK Presence by March 2004
Fisher & Paykel, New Zealand based appliance manufacturer, who recently
reported a whopping 50% increase in annual profits, has announced plans
for expansion in the UK. The dynamic company has achieved nearly 40% growth
in UK sales in the year to March 2003, (from 6500 to 8500 units) despite
what it admits is a 'tight market'. Furthermore, it aims to increase its
distribution network from 238 to 500 by March 2004.
The company has only been active in the UK since 2002. It is probably
best known for its refigerator range, although offers a complete range
of washers, dryers, dishwashers and cookers. The company is proud of its
'from the ground up' technology base and has over 400 patents and 200
patents pending.
In Europe as a whole, the addition of a large Belgium distributor boosted
sales some 333% from around 2,500 units to over 9000.
In its native New Zealand, F&P reckons it has around a 55% share of
the total appliance market (market size: 503,000 units) and a 20% share
of the Australian market (market size: 2.8m units). The company enjoyed
a 15% growth in sales in the USA where it currently has 2200 outlets (which
sold some 115,000 units in 2002-3) and a 9.7% increase in Singapore where
it sold some 13,600.
Capital expenditure is forecasted at $42m for 2004, nearly twice as much
as 2003, the large increase due to the requirement for extra capacity
to cope with sales growth.
If you want the full 28 page presentation (in PDF format), click here
(it's 280K, which only takes a few seconds).
Jacuzzi Restructures
European Operation under Stephen Cox, UK MD
Jacuzzi Brands this week announced the reorganization of its UK and European
bath businesses into a single business unit to be led by Stephen Cox, currently
the Managing Director of Jacuzzi UK Bathroom Products Group. The reorganization
is effective immediately, and the business unit will include the Jacuzzi
UK Bathroom Products Group, which is based in Bradford, UK; ATMO, based
in Vichy, France and the addition of Jacuzzi Europe S.P.A., based in Valvasone,
Italy.
Donald
C. Devine, President and Chief Operating Officer of Jacuzzi Brands, Inc.,
said of the appointment, 'We believe the trends in the retail and builders
merchant segments require us to have a more integrated approach to managing
the UK and European markets. We are pleased to appoint Steve to this new
role so that he can further integrate the activities among our business
units and accelerate our growth on the continent.'
Steve
Cox commented, 'I am delighted to take on this challenging new role, extending
our successful UK business model into Europe. The team at Jacuzzi UK has
worked tremendously hard over the past few years and it is a credit to
them all that our business success has resulted in my additional responsibility
for Europe. Jacuzzi has a strong presence in Europe and I am looking forward
to working with the European team to build on an already successful European
business'.
Analysis
Names the 75 most Profitable Companies in the Industry
If
your company made an enviable profit, would you want to shout about it
or keep the news to yourself? 75 companies in the UK Kitchens industry
have precisely this dilemma, as for the last two years these companies
have been making nearly four times the profit of the rest of the industry,
according to the latest analysis from Plimsoll. These 75 companies were
revealed as having an average margin of 11.8%, compared to the industry
average of just 3.3%.
Two different views
Yet this issue of exceptional profit making raised an interesting conundrum
for those concerned. If you are one of these companies making enviable
profits should you be:
a) Concerned that once your competitors, suppliers and customers find
out about your good business they will start to work against you threatening
this profitability?
b) Or proud of your achievements and would want to share this with the
industry.
'Without doubt, these 75 companies are proving the industry can reward
success. It is surely the ultimate measure of a good company, good employees
and good management to succeed in profitability,' says David Pattison.
Pattison concludes, 'Of course, their dilemma, yet one we would all like,
is how to spend their profits wisely to preserve and maintain their lead
in the market.'
Not all companies enjoying a spell of profit making
A staggering 6% of the companies Plimsoll could study are currently loss
making. Looking at the difference between the 75 most profitable companies
and the 62 companies making a loss, the gap was astounding.
Findings from the Plimsoll profitability analysis:
The Third Edition 2003 Plimsoll Analysis has identified trends in profitability
of the top 961 companies in the Kitchens industry over the last four years.
Order the analysis for £305 and receive a free listing of the 75
most profitable companies in the industry.
You can reach Plimsoll Publishing on (01642) 626400
Web: http://www.plimsoll.co.uk
Readers of The KBZine will receive a 5% discount if mentioning this article
upon ordering.
Houseproud
Consumers Lift Kingfisher's Sales
Kingfisher, Europe's biggest home improvements retailer, has reported
a 34 percent jump in first quarter profits, helped by a strong euro and
a strong performance at B&Q, defying a UK consumer slowdown. In the
Easter holiday. Garden equipment, power tools and off-the-shelf kitchen
units were much in demand, the company reports.
'We don't see a reason why, anytime soon, B&Q's performance should
be limited by the environment,' new Chief Executive Gerry Murphy told
reporters on Wednesday June 4th, brushing off concerns over a weakening
housing market.
The British firm signalled to the market that its stronger than expected
performance meant analysts' profit forecasts for the year were too low.
It expects market forecasts to rise to about 740 million pounds from the
current consensus of 725 million pounds, largely to reflect the impact
of a strong euro - a big part of Kingfisher's earnings come from Europe.
Yet shares were broadly unchanged at 266-3/4 pence, in line with the market,
having risen 18 percent in the last six months to trade at a premium to
its UK rivals.
Kingfisher has been shedding businesses to concentrate on its fastest
growing and most profitable activity - the third largest home improvements
business in the world.
That strategy paid off with group retail profits before exceptional items
rising to 154 million pounds in the 13 weeks ended May 3rd, from 114.6
million in the same period last year and beating analysts' forecasts of
141-145 million.Group like-for-like sales growth was 4.1 percent, again
an unexpected improvement from 3.6 percent the previous quarter.
As well as the strong euro, which boosted sterling earnings, profits were
lifted by cost savings after Kingfisher took full control of Castorama
in France and exited Germany, where it was making a loss.
Sales at the B&Q chain grew by 6.3 percent on a like-for-like basis,
fuelled by Britons' traditional dash to spruce up their homes and gardens
in the Easter holiday. Garden equipment, power tools and off-the-shelf
kitchen units were much in demand.
French DIY chain Brico Depot put in the best performance, though Murphy
said it was flattered by unique features which were unlikely to be repeated.
The downside was the group's electrical division, KESA, which continues
to struggle against stiff competition, particularly in France where it
owns Darty, the country's top electricals chain.
The soon-to-be demerged electricals arm saw its sales dip 1.3 percent,
though in Britain, its Comet chain outperformed its close rival Dixons.
The company warned profit margins in France remain under pressure and
consumer confidence was weak.
'I don't see this picking up anytime soon,' Murphy said.
The transformation of Kingfisher will be completed when KESA is demerged
and listed separately next month. Kingfisher confirmed its plan was on
track for the second quarter and said more detail will be released in
the next few weeks.
Ahead of the company's annual meeting on Wednesday June 4th Kingfisher
was forced to bow to criticism and change its executive pay scheme to
ensure it was voted through.
The company agreed to limit potentially large pay-offs to directors in
the event they leave the company and has more clearly defined the performance
criteria governing Murphy's share option scheme.
Still, some Kingfisher shareholders voiced concerns at the meeting about
former chief executive Geoff Mulcahy's 15 million pound pension pot which
one called 'astonishing' and Finance Director Helen Weir's 335,000 pound
relocation package which was described as 'inappropriate'.
Chairman Francis Mackay agreed the pension pot was large but said it was
a contract that had to be honoured. He said Weir's relocation expenses
were worth it because she had cut her journey time in half.
AMA
Shower Market Report - UK 2003-06
The 'Shower Market Report - UK 2003-06' is now available, incorporating
original input and a detailed assessment of the market, the report represents
value for money to those in the industry or considering entry.
Key sectors covered include:-
* Shower Controls - mixer, electric, power and bath/shower.
* Shower Enclosures, Trays and Screens.
* Accessories - shower accessories, curtains etc
The report is presented to answer the need for both a comprehensive review
of quantitative market developments combined with analysis of the qualitative
background reasons and influences affecting the UK Shower Market.
Key issues of particular interest:-
* Increasing replacement levels with second time buyers trading up to
higher quality products in the shower controls and enclosures market.
* Growing trends towards more powerful, higher specification showers and
larger shower enclosures.
* The continued growth of shower facilities in new build housing and additional
installations in existing properties.
* Distribution trends, in particular the growth of bathroom specialists.
The review is written by marketing professionals, with experience in the
shower industry, enabling them to provide comprehensive and detailed coverage
of these fast changing markets. The report comments not only on what is
happening in the industry, but why, and whether it is likely to continue.
The report content includes:-
* Household penetration levels. Growing influence of replacement - mix
of new build, new penetration, replacement & second showers.
* Assessment by sector, electric, mixer, power, bath/shower - product
mix, trends etc.
* Analysis of the power shower sector - integral (cabinet) showers, pumped
and pressurised systems, growth areas, key new products, market leaders
per sector.
* Competitors' shares - total market and by product group, companies gaining
share, companies specialising by distribution, competitors' market positions.
* Distribution channels - changes in the DIY multiples sector, development
of Merchants, Bathroom Specialists and The Internet. Future prospects
for key channels.
* Share of sales from manufacturers and to end-users.
* Installation & specification - influence of the installer, mix of
DIY and professional installation, non-domestic market size, main influences
on consumer purchase process.Shower Enclosures, Screens and Trays
* Analysis by product group - developments in enclosures, screens &
trays, sales trends, growth sectors.
* Market penetration levels - current and future levels, main bathroom/en-suite
facilities.
* Analysis of material developments - glass and acrylics, glass designs,
standards, frame colour options.
* Channels of distribution - analysis by VOLUME and VALUE, strengths &
weaknesses by product, recent changes and future developments. Review
of import/export structure
* Competitive structures - including market share of major competitor
and changes to supply structure.Shower Accessories
* Market definition by product group - Curtains, Rails, Grab Rails, Mats/Hoses
etc.
* Review of major product groups and their future trends, product characteristics.
* Competitors' shares - review of strengths, distribution and position.
* Channels of distribution - DIY Multiples, Merchants, Specialists and
Distributors role. Influence of Mail Order, Department Stores and Catalogue
Shops.Review of Future Prospects
* Developments within major product groups in the shower market.
* Increasing influence of replacement demand in the market.The report
contains over 120 pages and 30 tables of Original research and comment
on the UK Shower Industry and provides an independent and incisive view
into these fast growing markets.
Cost of Shower Market Report - UK 2003-06: £565
Te: +44 (0)1242 235724
Email: mailto:sales@amaresearch.com
Web: http://www.amaresearch.co.uk
Cake,
Anyone, asks Eurobath in offering Trip to the Zoo
If
your customers want to have as well as eat the proverbial, the new Zoo
mono bath mixer from Eurobath could be just the tub filler for you. Minimalist
and contemporary it keeps bath rims looking tidy and simple however it
is not just a pretty monobloc; it is a well thought out design that should
satisfy several of your customer's needs.
As well as being easy to clean it is a piece of cake to use. The smooth
single-lever mixer operation ensures more temperature control: a far cry
from the traditional pillar tap set-up which guarantees toe scalding!
The bath filler is part of the recently-launched Zoo range, which encompasses
basin and bidet mixers plus stop and shower valves, however the bath filler
would also sit comfortably with the Kiruna and T-mix collections from
il bagno.
And for the icing on the cake the new Zoo bath-shower mixer is available,
incorporating all the features listed above plus the many benefits of
a shower handset.
The Zoo bath filler and bath-shower mixers have been designed to operate
on virtually all water systems from medium-low to medium-high pressure.
With a five-year guarantee reflecting the quality and confidence that
Eurobath places on its products, you can be sure that these will sell
faster than hot cakes!
Tel: +44 (0) 1934 744466
http://www.eurobath.co.uk
Electrolux
Equips 18th Century Vessel for Round-the-World Travel - Conquering Extremes
across the Globe
Electrolux will equip a 40-meter replica of an eighteenth century sailing
ship with state-of-the-art kitchen and laundry appliances. The Ostindiefararen
(East Indiaman) will be launched in Gothenburg in June 2003. The three-masted
wooden ship will visit ports on four different continents during her maiden
voyage to China, which begins in the autumn of 2004. The ship's household
appliances will be specially built by Electrolux to meet the unique challenges
of a round-the-world voyage in an authentic sailing vessel.
The
ship will follow its predecessor's eighteenth century trade route. In
the twenty-first century, however, it will be properly prepared to feed
and do the laundry for its 100-strong crew. Equipped with modern appliances,
navigation equipment, and an engine, the new version will be able to avoid
the sickness and other dangers that awaited sailors in the past. The original
vessel sank as she sailed into Gothenburg harbour laden with silk and
tea from China. The company Svenska Ostindiska Companiet, which has been
constructing the ship since 1993, is using the same building methods as
the original. The ship is a historical heritage project of the Svenska
Ostindiska Companiet AB.
'We are used to working on very tough projects at Electrolux,' says Kristian
Vidfar, Marketing Manager at Electrolux. 'But the task of equipping the
Ostindiefararen with absolutely reliable appliances is particularly challenging
when you consider the demanding environment.'
The appliances must operate perfectly while in constant motion from waves,
wind, weather, and currents. Extremes of temperature and humidity also
pose a formidable challenge. Temperatures of over 45 degrees C at the
equator will fall well below freezing in the Southern Ocean, the most
dangerous of all the world's seas.
Optimal work surfaces and equipment for the galley and laundry are being
created for the cramped spaces below deck. The frying table, for example,
will be mounted on gimbals to keep it horizontal even in the roughest
seas. The cooker is equipped with rails to prevent pots and pans from
falling. Fridges have been 'tropicalized' to cope with the extremes of
heat and moisture.
Other equipment includes a dishwasher, freezer, a fan-assisted oven, cutting
and preparation machines, microwave ovens, and every sailor's favourite
for night watches, a coffee maker. Electrolux washing machines and tumble
dryers have been installed in the laundry section.
'Both the galley and laundry are essential areas. We must be able to trust
the equipment one hundred percent,' says Jorgen Gabrielson, managing director
at Svenska Ostindiska Companiet. 'We appreciate the expertise and cooperation
of Electrolux. The company's specialist competence is very important to
the overall success of this venture.'
Electrolux, the producer of powered appliances for kitchen, cleaning and
outdoor use, is no stranger to extreme challenges. It recently delivered
twenty-eight household appliances to two Antarctic research stations.
Web: http://www.electrolux.com
Europe
Appliance Maker to Invest £60m in UK
Merloni Elettrodomestici has announced a £60m investment programme
in the UK, 'in spite of the government's continuing delay in joining the
European single currency'. The three-year project is aimed at increasing
production from the company's four UK factories near Bristol, at Peterborough,
in North Wales and in the Midlands by 10-15 per cent between last year
and 2005.
The company is also attempting to increase the proportion of its UK output
that it exports to the rest of Europe, from 5 per cent to 15 per cent.
Marco Milani, chief executive of Merloni's UK operations, said: 'If the
UK entered the euro, it would make life easier for us at Merloni, by a
long way. But if the UK does not become part of the single currency, then
this does not make Britain a bad place for us to invest in.'
The stance by Merloni - which is the third biggest European maker of domestic
appliances, after Electrolux of Sweden, and BSH of Germany - flies in
the face of fears that the British delay in embracing the euro is making
UK-based manufacturers less competitive.
Merloni's main products sell under the Ariston and Indesit brands. It
also took over last year the Hotpoint brand, one of the best known names
in the UK white goods business. This was accomplished through a two-stage,
£309m deal to take control of General Domestic Appliances, a white
goods maker formerly owned by the UK's Marconi and General Electric of
the US.
Merloni sales in Britain last year, including imports, were about £500m,
or roughly a quarter of the company's total annual revenues. Mr Milani
said that, taking into account issues such as labour rates and factory
performance, 'manufacturing competitiveness in Britain is as good as anywhere
else in Europe'.
A large part of the expansion will be in tumble dryers -a type of machine
that Merloni hopes will be a particular export success - as well as in
refrigerators and washing machines.
Merloni's main production operations up to now have been in Italy, while
the company has also set up manufacturing units in Poland and Russia.
Recipe
to Keep Cooker Sales on the Boil
A team of designers from Electrolux, the Swedish appliances company, recently
spent three days in Hamburg, working alongside restaurant staff in hospitals,
hotels and company canteens.
It was part of an effort by Mike Münchow, the German head of Electrolux's
professional equipment division, to give his staff new ideas that might
boost the company's future fortunes.
'Putting product designers to work in the places where their machines
are used is a great way to discover useful insights - for instance, to
ensure the equipment can be cleaned as simply as possible,' says Mr Münchow.
Electrolux is a leader in professional kitchen equipment - a $14bn (£9.9bn)
a year market for ovens, refrigerators and laundry systems for non-domestic
use.
During the 1990s, with the world economy growing steadily, consumers'
increasing desire to eat out triggered new investment in hotels and restaurants.
As a result, the professional equipment sector grew by between 3 and 5
per cent a year in many countries.
This year and next, however, many in the industry expect growth to stall
or turn negative following consumer tensions linked to the Iraq war and
worries about the global economy.
The difficult environment is forcing equipment-makers to innovate and
boost their marketing efforts. Their strategies are an illustration of
how companies in niche markets can counter negative economic trends.
A look at Electrolux - and Rational, a smaller German company with a strong
record of innovation - gives some idea of the possible approaches. While
Electrolux's professional equipment division, with sales of $700m a year,
has a broad product range, Rational is much more focused.
All Rational's sales of $207m last year came from a single product, the
combi- steamer, invented by Rational in the 1970s.
Combi-steamers use a mixture of convection heating and steam to tailor
the cooking method to a range of foodstuffs. Sensors can work out what
kind of meat is being cooked and devise a cooking programme that caters
for a customer's preference - crispy on the outside, or well done in the
middle, for example.
The German company is the world leader in this highly specialised product,
accounting for just under half the global market.
Both Electrolux and Rational say their - quite different - approaches
are working well. Electrolux says its 10 per cent share of the European
professional ovens and fridges market, worth about $4bn annually, has
increased, partly owing to the launch in 2002 of dozens of new products.
Meanwhile, Günter Blaschke, Rational's chief executive, expects the
company to maintain its sales growth record of about 10 per cent a year,
purely by tapping the large latent market. 'So far only 400,000 of the
world's 2.5m catering establishments use combi-steamers. We say to restaurants
we can save them time and money, while still producing high-quality foods,'
says Mr Blaschke.
Electrolux's design and development effort is much more spread out than
Rational's - where everything is focused on its small head office and
plant in Landsberg, near Munich.
The Swedish company's professional equipment division has product development
centres in Switzerland, southern France and northern Italy - where it
also has its headquarters. The 20 people who visited Hamburg's kitchens
were drawn from the 100 or so designers and engineers in these three centres.
Such trips are organised by Mr Münchow twice a year.
Mr Münchow's approach possibly comes from his career outside the
catering equipment industry. Before joining Electrolux in 1999, he worked
in software, industrial bearings, paper manufacturing and at the German
post office. 'I tell people in my present job we are not an engineering
company but an orchestrator of gastronomic events,' he says. 'We must
be as close to the customer as possible.'
Accordingly, Electrolux likes to team up with cooking schools and food
manufacturers to gain insights into new cooking processes. For instance,
it has collaborated with Barilla, an Italian pasta-producer, to produce
a new type of 'pasta station' that maintains an even temperature and factors
in the pasta's thickness to optimise cooking time.
Like Electrolux's much bigger domestic appliance business, the professional
equipment division organises its products around 'platforms'. These are
basic engineering frameworks to which various components can be added
to suit customers' preferences. The professional equipment division uses
seven platforms, which form the basis of about 70 products. These are
sold across Electrolux's four main professional brands, covering the range
of requirements from small ovens sold to bars and cafés to top-of-the
range cookers for organisers of banquets.
At Rational, the approach seems a lot simpler - owing to its extreme product
focus. It sells its combi-steamers in three basic types around the world,
with 80 per cent of its revenues coming from outside Germany. All of its
manufacturing is in Germany but 40 per cent of the company's 680 employees
work in sales, service and marketing and 170 sales staff are employed
outside Germany.
Many of its sales staff are qualified chefs, who try to use their detailed
knowledge of cooking to persuade new customers to invest in the combi-steamer
approach.
'When customers switch over to our equipment (from conventional ovens)
they are like horse riders who have discovered how to drive a Porsche,'
says Mr Blaschke. The company claims its machines are used every day to
cook 85m meals, in tens of thousands of variants. Recently the company
chalked up its biggest order so far, a $5.2m contract to supply 900 KFC
fast food outlets in China run by the US Yum group. Mr Blaschke hopes
this is a sign of future success for his company, whatever the tribulations
of the world economy.
OFT
Supports Proposals to Tackle Extortionate Credit
Government plans to make it easier to challenge extortionate credit agreements
were welcomed by the OFT yesterday, 12th June.
The OFT has pushed for reform for a number of years publishing
a report on 'Unjust Credit Transactions' in 1991 and in its response
to the Department of Trade and Industry's consultation supports proposals
to redefine the law covering extortionate loans and provide consumers
with greater protection and means of redress.
The current provisions under the Consumer Credit Act 1974 which allow
consumers to challenge an extortionate agreement in court have been interpreted
narrowly and have failed to protect vulnerable consumers. The OFT agrees
that changes are needed to make it easier for consumers to contest extortionate
terms and practices either through the courts or through alternative dispute
resolution mechanisms.
Proposals welcomed include:
* replacing the current 'grossly exorbitant' test by one that encompasses
'excessive' payments
* allowing the courts to consider matters arising after the agreement
was entered into, including interest rate variations
* including as one of the factors to be taken into account by the courts
whether the transaction involved business activity which was 'deceitful
or oppressive or other unfair or improper' - in line with the consumer
credit licensing fitness test
* encouraging greater use of time orders where the courts consider that
the borrower should be allowed more time to repay, or that the length
of the loan or the interest rate needs to be changed
* requiring the courts to notify the OFT of extortionate credit cases,
so that the OFT can provide a public record and issue guidance
* the power for the OFT and other qualified entities to seek a declaration
that a particular credit transaction is unjust where it affects a number
of consumers
* giving the OFT the power to make restitution orders as a means of compensating
consumers affected by extortionate credit deals
* an obligation on lenders to lend responsibly and with proper regard
to the borrower's ability to repay
* the extension of the Financial Services Ombudsman's jurisdiction to
all consumer credit, as part of a range of mechanisms to enable consumers
to complain about unfair terms and practices and seek redress.
The OFT also argues that the court should be able to re-open an agreement
of its own motion. This would be a valuable additional protection for
consumers who are unrepresented in court action.
Penny Boys, OFT Executive Director, said:
'Extortionate credit operates on the margins of the market where vulnerable
consumers are susceptible to exploitation. The current provisions are
not working. We wholeheartedly welcome the DTI review and its proposals
for reform, which we have been calling for since 1991.'
Matrix
- VitrA's Manufacturing Masterpiece
With
the addition this year of the 100-piece 'Matrix' bathroom system to its
already extensive product portfolio, VitrA is set to demonstrate to the
UK market the capabilities and versatile capacities of its manufacturing
processes.
Part of the Eczacibasi group - a multi-billion dollar Turkish company
- VitrA is able to draw upon the benefits of the significant amounts its
parent group invests into key areas like technology. In 2000 alone, $25
million was invested into up-to-the-minute processes, such as high-pressure
casting, allowing the company to produce one high quality piece of sanitaryware
every 12 minutes and over 4.7 million pieces each year.
In total, VitrA has nine production plants that manufacture sanitaryware,
brassware, baths, furniture and tiles. The company claims its Bozuyuk
site in Turkey ranks among the world's top three plants worldwide in terms
of capacity and product variety.
This advanced technology and flexible production scale has enabled VitrA
to realise its latest design innovation, 'Matrix'. Designed not as a suite,
but as a complete bathroom system, Matrix comprises over 100 individual
pieces of sanitaryware, furniture, acrylic baths, taps and accessories
that share one common design aesthetic. The result is a system of pieces
that, no matter the combination of product, work in harmony and balance
with one another when placed side-by-side.
Bulent Ozerdim, Marketing Manager for VitrA UK said: 'Matrix is an excellent
example of the high standards of manufacturing processes VitrA employs.
Investment into systems like high pressure casting means that the products
we produce in our nine factories continuously exceed quality standards
and manufacturing turn-around times.'
Tel: 01235 750990
Web: http://www.vitrauk.com
'Super-Blower'
Solution for Gower from Indusvent
Industrial ventilation engineers Indusvent have provided a state-of-the-art
extraction and filtration solution at the Leeds factory of furniture manufacturers
Gower.
The
Gower kitchen carcase manufacturing facility has experienced steeply increasing
growth over the last three years with turnover moving from £18m
to £27m in the last year alone. All of this progress has occurred
at Gower's Leeds factory - the company has various other facilities in
the UK.
The pressures on production are obvious but the main problem has come
with the inability of the ageing chain filter system to cope - Gower is
extracting some 72 tons of chipboard dust per week at this factory and
is looking to significantly increase this. The present extraction and
filtration system occupies a large amount of space and is very expensive
from a maintenance point of view both on cost and time.
Replacing the chain filter with a similar system was not an option as
it would require unacceptable downtime.
Gower Group Engineer Darren Johnson turned to Indusvent and after intensive
evaluation of the situation at the Gower factory, had no hesitation in
recommending the new, state-of-the-art negative pressure Super-Blower
filter as an all round solution with comprehensive advantages.
The main benefits that Gower has realised by installing the Super-Blower
are that Indusvent could deliver and assemble the very compact system,
while the existing system was still in operation. The switchover and removal
of the old system was scheduled over a weekend period. But perhaps more
importantly, Gower will realise substantial savings in electrical energy
consumption and the associated environmental benefits. This will significantly
reduce Gower's operating costs while increasing the company's capacity
at the same time.
The environmental considerations were also critical. Gower operates a
strict policy of environmental compliance and neighbour awareness. Being
close to residential areas that have grown up around the factory the company
worked closely with the local authorities with regard to noise and emission
levels. Here again the Super-Blower with its fans on the clean air side
of the filters easily met the legislative requirements.
The high specification of the Super-Blower with a number of new and patented
component designs has solved all Gower's problems at one stroke. Into
the bargain the company has invested in a 24-hour continuous operation
system with zero maintenance and sophisticated in-built diagnostics and
monitoring.
The negative pressure is central to the technology of the Super-Blower
system. This means that the extracted 'dirty' air is injected directly
into the filter chamber and the main exhaust fans are located on the 'clean'
air side of the filter enabling them to avoid contact with foreign (possibly
damaging) objects and to operate at a dramatically reduced noise level.
To support this level of power the Super Blower is fabricated from high-strength
3mm steel with a high-durability powder coated finish. They are designed
for 24-hour maintenance-free operations and include a fully automatic
filter cleaning system which is computer activated on demand from a special
pressure sensing system. This is the 'Power Pulse®' system which monitors
the differential pressure across the filter media. When activated a pulse
of compressed air is injected down one filter bag at a time via special
nozzles mounted on an internal maintenance-free track complete with its
own integral compressor which ensures a constant supply of clean, dry,
oil-free compressed air. These blow the dust off the outside of the bags
into the hopper discharge section. The process has a number of advantages
which includes maintaining the maximum filter area during operation. Not
only does this ensure continuous, maximum efficiency operation of the
system, it also ensures that the filter media is kept under minimum stress
which extends the usable life of the bags. The energy savings associated
with this concept are significant. The consequent low comparative running
costs offer an attractive return on the initial outlay along with the
many production advantages in the factory.
The Super-Blower is designed, in this case, with a screw conveyor discharge
system so there are no chain conveyors to maintain. This is an important
factor with regard to reliability and maintenance issues.
The safety and protection devices ensure that the Super-Blower has achieved
the safety rating of 4. These include safety limit switches, motor rotation
sensors, fire thermostat for heat detection and an explosion and shock
resistant construction.
The installation and commissioning of the Super-Blower at Gower has been
an impressive exercise in operational and planning logistics which has
been carried out with precision by Indusvent engineers to the customer's
satisfaction.
A major feature of the Super-Blower design is that it occupies a fraction
of the space of the old chain filter which will give Gower valuable extra
space usage.
The installation at Gower is a 440-SBF system extracting an air volume
of 80.000 cfm via 2 JK100MT fan sets. The filtered airstream may be either
vented to atmosphere (summer) or redirected into the factory for energy
conservation during the winter period.
Indusvent says that the new concept and design of the 'Super-Blower' -
particularly its modular system for expansion growth - make it the system
of the future. It already complies with and exceeds current legislative
limits and will automatically comply with EU ATEX directive.
Tel: 0161 627 3128
Email: mailto:mail@indusvent.com
Web: http://www.indusvent.com
Wolf
Appliance Company's Products now Certified by STAR-K
Wolf Appliance Company, US manufacturer of luxury cooking instruments
and corporate companion of Sub-Zero Freezer Company, has announced that
the majority of its products are now certified as Sabbath- and holiday-compliant
by STAR-K Kosher Certification.
All of the models of Wolf's gas rangetop, gas cooktop, pro-range, dual
fuel range, electric cooktop, and built-in electric single and double
oven are approved for use in accordance with the rules specified by STAR-K.
Information regarding usage instructions provided by STAR-K will be available
to consumers who purchase these Wolf appliances on both Wolf's Web site
and the STAR-K Web site.
'We have worked hard to receive this certification,' said Jim Bakke, president
and chief executive officer for Sub-Zero/Wolf. 'We strive for product
design that is aesthetically innovative and ergonomic, as well as beneficial
to the specific needs of the Jewish faith.'
Web: http://www.wolfappliance.com
and http://www.star-k.com
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