Wednesday, June 19, 2019

Global Small-Scale LNG Market 2019 Business Analysis: The Linde Group, Wärtsilä Corporation, Honeywell International Inc., General Electric - Coastal Ledger

Global Small-Scale LNG Market 2019 Business Analysis: The Linde Group, Wärtsilä Corporation, Honeywell International Inc., General Electric - Coastal Ledger


Global Small-Scale LNG Market 2019 Business Analysis: The Linde Group, Wärtsilä Corporation, Honeywell International Inc., General Electric - Coastal Ledger

Posted: 19 Jun 2019 02:50 AM PDT

Latest report namely 2019-2024 Global and Regional Small-Scale LNG Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report covers various aspects of product definition, segmentation based on various parameters, and the prevailing vendor landscape. Global Small-Scale LNG market is among those industries which have been contributing to broadening size of the market on an international level. The report gives recommendations for important business segments based on market estimations, recent developments, common trends, and competitive landscape mapping. This worldwide market is vigorously thriving year-over-year performance in upcoming years.

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The report has added market revenue, sales, production and manufacturing cost that could help you to get a better view of the market. It intends to provide profound knowledge about market dynamics including market size, share, growth rate, sales network, possible events, and leading success factors. A seven forecast (2019-2024) assessed based on how the Small-Scale LNG market is predicted to grow in major regions like United States, Europe, China, Japan, India.Next, the report serves precise market segmentation which plays a crucial role in determining competitive advantage and its differentiation in market analysis. Different proposals, plans, viewpoints and procedures developed and endorsed by the leading players to form instructive business decisions are encompassed in this report.An in-depth study of the Small-Scale LNG competitive landscape is offered in the research document. In this part, the report discloses each current and aspirant players of industry along with company profiles of market-leading players, their contact details, gross, capacity, their product information, price structure, and cost.

Top manufacturers operating in the market are: The Linde Group, Wärtsilä Corporation, Honeywell International Inc., General Electric, Engie, Gazprom, Skangas, Sofregaz, Dresser-Rand, Prometheus Energy, Plum Energy, Excelerate Energy L.P., Cryostar Sas,

In-Depth Analysis of The Market:

  • Comprehensive quantitative analysis of the industry is provided for the period of 2019-2024 to assist stakeholders to capitalize on the prevailing market opportunities.
  • The key findings and recommendations highlight crucial progressive industry trends in the global Small-Scale LNG market, thereby allowing players to develop effective long term strategies
  • A broad analysis of the factors that drive and hinder market growth is provided in the report.
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the market
  • The various opportunities in the market are also given.

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At the end, the report presents diagnostic information that can change the aggressive elements in the market. Significant market fragments based on production, demand and services of the product are also comprehended in this report. Other crucial frames of references that have been purposefully analyzed in the global Small-Scale LNG market report are import and export, demand and supply, consumption, manufacturing cost structure, raw material and suppliers, technical data and manufacturing plants, R&D Status and technology source, capacity and sales.

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Low money circulation hurts River Road small-scale businesses - Business Daily

Posted: 02 Jun 2019 12:00 AM PDT

Market News

Low money circulation hurts River Road small-scale businesses

Shoppers at a school uniform
Shoppers at a school uniform store on River Road, Nairobi, in January 2009. FILE PHOTO | NMG 

Business premises in Nairobi's River Road district are having an uphill task attracting tenants thanks to withholding of government payments to suppliers and poor cash flow.

While in the past it was difficult getting business premises to rent in this part of the CBD, notices of available space have become common as many traders close shop and others merge to cut cost.

Kenya National Chamber of Commerce and Industry researcher Kiragu Chege said the central and county governments delay payments to suppliers, affecting businesses.

"As a result, small-scale traders who supplied the government departments and suffered delayed payments have found it hard to restock hence closing shop. This has eased demand on business premises causing rental rates to fall," he said.

Stakeholders also warn that some of the government policies in the city are killing small and medium-sized enterprises.

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Nyamakima, Luthuli Avenue, Kirinyaga Road and parts of Haile Selassie Avenue have seen the competition for trading space go down.

"Unlike the situation that has prevailed for the past 20 years in these areas where getting a rental space to trade in was hard and rental rates being high, today there are so many spaces on offer.

"In 2018 a square metre of space was on offer for between Sh10,000 and Sh50,000 a month. Today, the same spaces go for between Sh7,000 and Sh38,000," said James Kanene, chairperson of Generations Real Estate, based in River Road.

He said the decline is partly due to the crackdown on counterfeits as well as poor economic policies.

"There is too much uncertainty in importing goods for trade.

"The government is also creating poverty among its people by reckless demolition of trading structures within the capital city.

"All these activities might be explained as restructuring the city and beautifying it but there are grave impoverishing consequences being felt," said Mr Kanene.

​Canada's small-scale LNG export business is getting bigger | Oil & Gas - JWN

Posted: 24 May 2019 12:00 AM PDT

It will be another four or five years before the $40 billion LNG Canada project begins shipping liquefied natural gas to customers in Asia.

But smaller players are already exporting LNG from B.C., thanks to a recent $400 million expansion of FortisBC's Tilbury Island plant.

The plant has been used since the 1970s to liquefy natural gas for backup storage. But following a recently completed expansion, the plant now can produce up to 250,000 tonnes of LNG per year. While some of that LNG is used for the domestic market, primarily trucking, some is now being exported.

In 2017, Calvin Xu's company, True North, shipped its first test shipment of Tilbury Island LNG to China by intermodal (ISO) container. Last year, he shipped 50 containers – about 900 tonnes.

Another company, Beijing Tianhai Cryogenic (BTCE), shipped 1,000 tonnes by ISO container.

"This year, our plan is 2,000 tonnes to 5,000 tonnes," said Cui Zhichen, vice general manager for BTCE.

Both companies buy the LNG from FortisBC and ship it by ISO containers on container ships to industrial buyers in China.

Doug Stout, vice president of market development for FortisBC, said four or five small shippers like True North and BTCE have sprung up in the last year.

Xu sees a potential to grow the export business in China, although he said the container terminal operator his company uses in Vancouver, GCT Vantherm, has added costs that he thinks are unreasonable.

Last year, he said GCT Vantherm added a special LNG surcharge of $1,500 per container, each way. For a 15-container shipment, that adds up to $45,000 in additional surcharges.

"It's killing the economics," he said.

The terminal operator recently agreed to reduce the surcharge to $800 for each full container and $475 for each empty one that comes in. But Xu still thinks it's "unreasonable" to apply an LNG surcharge on incoming containers that are empty.

GCT Vantherm explained that the surcharge is needed because handling LNG containers requires "additional operational considerations" and handling procedures.

"As such, GCT has entered into a pilot program with FortisBC for handling these specialized containers. As this is a new commodity being handled, GCT has also engaged with our labour work force and our safety teams to ensure proper handling procedures are in place."

In addition to a growing export market, FortisBC is working to develop a new marine bunkering business that would serve vessels that are powered by LNG.

FortisBC is working with WesPac Midstream to build a new marine jetty to create a new LNG bunkering terminal.

"Our goal is to provide LNG services up and down the West coast and make Canada a key hub in marine bunkering," Stout said. "As the IMO (International Maritime Organization) rules tighten up here in 2020, which is very far away, we see great opportunity going forward on this."

— Business in Vancouver

What is Experiential Marketing and How Can it Benefit my Small Business? - Small Business Trends

Posted: 13 Jun 2019 12:00 PM PDT

Experiential marketing, also called engagement marketing, is a strategy using experiences to make an emotional connection to your prospects. Think ticketed events like concerts sponsored by your brand. Think online contests that showcase your message.

Here's why this experiential marketing is important and how it can help your small business.



Adopting the Right Mindset for Experiential Marketing

Steve Kurniawan is content marketing and digital marketing strategy of Nine Peaks Media. He outlined some of the concepts small businesses need to pay attention to before they get started.

"The main idea is customers are more likely to buy based on emotion, not logic," he writes.

He makes a few suggestions like street team marketing. This is where ambassadors for your brand giveaway samples to create a unique experience. It's a common method and cost-effective at the same time.

"Another concept to understand is experiential marketing focuses on the brand message and company culture instead of the actual product/service."

There are two main principles according to Kurniawan.

"In general, there are two main principles–engaging emotions with an experience and focusing on a relatable brand message."

Engagement Ideas

There are some tried and true methods for making any experiential marketing strategy work.

A great way to make a splash is by getting involved in the community," writes  Steve Martin, the CMO of DaySmart Software.

"For example, a small pet groomer that donates their time to occasionally groom shelter pets could engage their customers.  They could ask them what shelters they want them to provide their services to and get them to volunteer onsite."

Having an open house is a great way for a brick-and-mortar business to do the same.

If you're a small business, you can start off small. Simply answering questions on websites like Quora can start building up your engagement.

Using a variety of online off-line contests works too. Find the influencers are in your niche and see if you can work with them. Another good idea is to have an interactive website where the audience can play games showcasing your brand and message.

Experiential Marketing Strategies

Once you've got the details worked out, it's time to put together a campaign.  Here are a few of the strategies that are proven to work.

Tell the Story Behind Your Business

This is one of the best ways to get people to relate and engage with your brand. Remember to use good narrative technique. In other words, start your story in the middle at an interesting point. Giving away a lot of detail and moving in chronological order gets boring quickly.

Use Social Media

Social media is a great way to reach a wide audience with an experiential marketing event. Hosting an event on Facebook is a good option. Consider boosting attendance through paid ads before the occasion to create a buzz. These are generally not expensive and pay off in spades.

Look for Partnerships

If you're putting on an event, you can partner with other area businesses. Make sure these are competing in the same space. For example, say you're selling digital marketing services and hosting a webinar. Partnering with a local computer store or repair shop can bring in more customers.

Experiential Marketing Trends for 2019

Here's a few trends you should be watching for in 2019.

Virtual reality is topping the list for a good reason. This is becoming a great way to give your audience an immersive experience remotely. Contractors can take renovation clients on a 3-D trip through a finished bathroom. Even a short YouTube video showing how your product works gets people engaged.

Look for more investment in this type of marketing in 2019. Big brands like Google and Netflix have led the way and opened a path to take advantage of.  Small businesses can start by mimicking some of their ideas on a smaller scale.

Image: Depositphotos.com

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