A U G U ST 2 0 1 9
NEWS
ADNOC
4 big corporates co-invests in ‘Baania’
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Petrofac
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EDITOR‘S NOTE
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ith the constant rise of smartphone ownership comes the continuous surge of various apps to go with it. Apps have found a way to integrate themselves in every aspect of our lives, may it be for paying your bills, shopping online, or entertaining yourself. In fact, there is a dedicated app for almost everything nowadays. While most of these are usually used for fun and entertainment, we can never deny that there are also a plethora of mobile apps that serve their purpose in the fieldwork of various industries. The foodservice industry has delivery apps to make online food ordering more convenient and accessible. The finance industry has specially-made banking apps to create online banking opportunities for their investors and account holders. The education sector boasts of its multitude of mobile applications that help the students learn outside of their classrooms. These examples only show how much mobile apps impact the way we live and work today. Same goes for the oil and gas industry. Investing in mobile technologies means investing in better services and products that will soon become profitable in the long run. 4
Mobile Apps in the Oil & Gas Industry Not only are these mobile apps increasing the business income, but they have also helped shape the future of the oil and gas industry. The benefits of mobile apps are not limited to the financial aspect of the business. They have also proven to be of significant use in the field and the back offices. With mobile apps, processes are more streamlined, and paper works are now converted to digital and electronic works. As we all know, the constant evolution of technology is unstoppable. The only way to survive in this industry is to adopt the changes and prepare for a better and powerful organization.
Regional Office: LG Electronics Gulf FZE, P.O Box 61445, Dubai. Tel: +971 4 279 9222, UAE, Mr. Amjad Abu Alika, Tel: +971 50 450 9808, email: amjad.abualika@lge.com; Fortune International Trading LLC, Mr. Wail Halbouni, Tel: +971 50 481 3570, email: fortintl@emirates.net.ae; Ghantoot Trading, Mr. Nour Haboush, Tel: +971 50 109 4109, email: nour.h@ghantootgroup.ae; District Cooling Company, Mr. Ahmed Henedi, Tel: +971 50 658 4832, email: ahmed@districtcoolingcompany.com; Al Yousuf Electronics, Mr. Moitra, Tel: +971 50 457 6170, email: pmoitra@alyousuf.com; Bahrain, AJM Kooheji and Sons, Mr. Jayachandran, Tel: +973 36888801, email: v.jayachandran@ajmkooheji.com: Al Babtain Air Conditioning & Refrigeration Co., Mr. Naji Kataya, Tel: +965 5 051 5771, email: nkataya@albabtaingroup.com,kw; BLK, Mr. Imad Rhayel, Tel: +965 5 157 1229, email: irhayel@blk.com.kw; Oman, Oman Gulf Enterprise, Mr. Narender Kumar, Tel: +968 9 747 4505, email: narenderk@otegroup.com; Aspire Projects and Service, Mr. Vivek Wagh, Tel: +968 99357694, email: vivekwagh@aspireoman.com; Azerbaijan, NBC LLC., Mr. Elkhan Sadikhov, Tel: +994 50 216 3363, email: elkhan.sadikhov@nbc.com; Al-Con Maxiwell Group, Mr. Vagif Alexperov, Tel: + 994 50 216 2092, email: maxiwellbaku@inbox.ru; Armenia/Georgia, ARAY Gulf, Mr. Vilson Melikjanyan, Tel: +374 9 307 7755, email: vilson@aray.am; Yemen, Modern House Exhibition, Mr. Khaled Jabr, Tel: +967 71 172 0202, email: mail@mhe-yemen.com; Pakistan, Iceberg Industries (Lucky Goldstar), Mr. Imran Jamil Khan, Tel: +923 21 277 6100, email: ceo@icebergindustries.net
CON TENTS
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NEWS
Mobile Apps in the Oil & Gas Industry
22
ADNOC Holds Talks in Tokyo as it Seeks to Deepen and Expand Relationships with Japan’s Energy Sector
26 4 big corporates co-invests in ‘Baania’, Thailand’s first big data proptech company
30 Petrofac secures series of well engineering contracts
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With proven technological track record, LG Electronics to lead the smart energy industry with its total HVAC solution 6
F E AT U R E S T O RY
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Top 4 Safety Products to Protect Your Home from Burglary
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The majority of the world is now constantly depending on their smartphones and the mobile apps that come with them. In fact, a whopping 25 billion applications have been downloaded from the Apple Store in 2015 alone. Most of these apps are categorized under fun and entertainment, but the functionality of mobile apps are not only limited to this. Plenty of applications are now supporting various industries to aid in the proper organiza8
tion and management of these businesses. The oil and gas industry is no exception to these sectors. As a matter of fact, this industry’s investment in mobile apps and some other mobile technologies will spike to approximately $18.7 billion by 2020 as reported by an American energy research company. Here are a few reasons why investing in mobile technology is a wise move for the industry.
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COVER STORY
Reasons for Using Mobile Apps in the Oil and Gas Industry
Collecting Data
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he world has transitioned into paperless transactions, but working in the oil and gas industry meant needing to write down every piece of information gathered in the field. Although this is usually done by geologists, field managers, derrick hands, and other personnel, human errors are always inevitable.
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This is where mobile apps come into play. The accuracy of the data is essential in streamlining the business. With mobile applications to aid in the collection of data, productivity increases as personnel can spend more time in other important tasks rather than consuming the day taking down notes.
COVER STORY
Gathering Real-time Information
Providing Location
Real-time information is one of the most critical data that keeps the oil and gas industry flowing. This includes mud viscosity and pump rate, to name a few. Having real-time information readily available for supervisors to review helps streamline processes, which then produces high-quality results.
With mobile apps and smartphones to pinpoint the exact location of people and resources, it will be easier for the upper management to assign tasks and organize the workforce with the best possible efficiency. Knowing the location of high-risk areas will also improve safety for their personnel
Mobile applications can gather large amounts of real-time data that can make or break the entire production process.
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Easing Collaboration The oil and gas industry does not only revolve around a single person and decision. It is a collaboration of ideas from various points of the globe, especially for companies with different operations in other countries. Mobile apps bridge the gap between the executives on the other side of the state to the personnel working in the fields. It is imperative that the right information reaches the right person at the right time.
Improving DecisionMaking Aside from better collaboration between superiors and fieldworkers, mobile apps also deliver timely information, thus leading to better decisions and fewer confusions. The tasks are organized and prioritized accordingly, reducing employee mistakes and providing a higher return of investments.
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Mobile apps bridge the gap between the executives on the other side of the state to the personnel working in the fields.
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COVER STORY
Top Nine Must-Download Oil and Gas Apps easy to access and use.
The Oil & Gas Journal To reach more people, the Oil & Gas Journal magazine developed this app. It has statistics, global articles, and note-worthy analysis on the latest news in the oil and gas industry.
Riggertalk Providing users with geographical locations of companies and services, Riggertalk is a definite must-have. Aside from this, the app also contains job search sections for those thinking of venturing into the oil and gas industry.
Convert Units To aid in streamlining processes within the organization, these are among the best apps to download for the oil and gas personnel.
Oil & Gas News Being a product of the Louisiana Oil & Gas Association, this app specifically provides residents at the state of Louisiana with local and associational news about the local Haynesville Shale. However, it also covers national news for nonLouisiana individuals. 18
Oyly Oyly, developed by Roger Baker at Odd Mob Software, provides information about wells such as the amount of produced oil and other technical data regarding reservoir and wellbore.
Oil & Gas Created by Arrow Engine Company, Oil & Gas contains the latest must-know regarding natural gas and crude oil prices. It has updated information and is
Math is vital in the field, especially in oil and gas. Covert Units provides an easy access to the most used metrics such as speed, temperature, and volume. -end-
NEWS
ADNOC Holds Talks in Tokyo as it Seeks to Deepen and Expand Relationships with Japan’s Energy Sector
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is Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), met, today, with His Excellency Hiroshige Seko, Minister of Economy, Trade and Industry, as part of a series of meetings, with government officials, business partners and customers, aimed at building on ADNOC’s long-standing energy relationship with Japan’s energy sector.
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During the meeting, partnership and investment opportunities, created by ADNOC’s Upstream and Downstream growth plans were explored, as well as the potential for the long-term supply of hydrocarbon products to Japan. “For more than four decades, the UAE and Japan have enjoyed a deep rooted and successful strategic relationship, underpinned by long standing energy partnerships,” H.E. Dr Al
UAE, according to the Japan External Trade Organisation (Jetro). Nearly one third of ADNOC’s crude oil goes to Japan, accounting for 25% of its total crude oil imports. Other exports include LNG, LPG, Naphtha and Sulphur. In addition, ADNOC has 6.29 million barrels of crude oil stored in the Kiire Oil Terminal Strategic Reserve, in southern Japan. In February, Japan’s INPEX Corporation (INPEX) was awarded a 10 percent interest in Abu Dhabi’s offshore Lower Zakum concession. At the same time the company’s 40 percent stakes in Abu Dhabi’s Satah and Umm Al Dalkh concession were extended for 25 years. JODCO Lower Zakum Limited, a wholly-owned subsidiary of INPEX, has been appointed the asset lead for the Lower Zakum concession. Jaber said. “ADNOC is keen to further strengthen the relationship, deepen partnerships and seize growth opportunities along the full oil and gas value chain. “As we accelerate our focus on the increasing energy needs of Asian economies, such as Japan, ADNOC is introducing new partnership and investment opportunities across our integrated Upstream and Downstream operations. At the same time, as a trusted and reliable supplier of energy, we wish to explore opportunities to increase market access and offer
a larger share of ADNOC’s portfolio of products to existing and new customers in Japan.” Later in his visit to Tokyo, H.E. Dr Al Jaber is scheduled to meet with the Chairman of Softbank Masayoshi Son; Toshiaki Kitamura, Chairman of INPEX/JODCO; Tatsuo Yasunaga, President and CEO, Mitsui and Hendrik Gordenker, Chairman of JERA.
INPEX is one of six Japanese companies working to develop Abu Dhabi’s hydrocarbon resources. Mitsui, has a 15 percent stake in ADNOC LNG and Cosmo Oil has a 64.2 percent stake in the Abu Dhabi Oil Company, along with JX Nippon (32.1 percent), Kansai Electric (1.9 percent) and Chubu Electric (1.9 percent).
The UAE is the second largest exporter of crude oil to Japan after Saudi Arabia. In 2017, Japan imported AED 57.3 billion ($15.6 billion) worth of oil from the 23
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NEWS
4 big corporates co-invests in ‘Baania’, Thailand’s first big data proptech company
Krungsri Finnovate, a corporate venture capital (CVC) arm of Krungsri, joined hands with PTT Public Company Limited, AddVentures by SCG, and 500 TukTuks to co-invest in Baania (Thailand) Co., Ltd. Under this collaboration, Baania’s expertise in big data-based property technology will be leveraged for further enhancement of products and services including Krungsri’s mortgage loan business, and the retail business of PTT and SCG. 26
Ms. Anchana Vallipakorn, Co-founder and Chief Executive Officer, Baania (Thailand) which is a technology company which develops the big data-driven marketplace and data analytics platform, said “the company has been entrusted as the investment destination by four corporates -- Krungsri Finnovate, PTT, AddVentures by SCG and an existing co-investor 500 TukTuks, a venture capital under the 500 Startups group from Silicon Valley which continues to
participate in this investment round to strengthen future business expansion.” After the company’s first fundraising in 2017, Baania has developed a real-estate database to serve consumer demand on house buying as well as business operators who need investment insights. The database covers property projects in 15 provinces including Bangkok and its vicinity, as well as provinces in the northern, northeastern and eastern regions. Equipped
ia.com for investment decision making, and understanding customer demand and their personality, as well as tastes, so that goods and services can be enhanced in accordance with their needs. Baania will eventually be their efficient communication channel”, Ms. Anchana added.
with information of over 13,622 projects, 2,265,214 houses, 27,291 house designs, and over 4 million users, Baania’s system is abundant with 700 million data points available for consumer behavior analysis. “In 2018, Baania aims at expanding our real-estate database to cover 26 provinces across the country by enlarging the storage space for southern and western regions, increasing user base to 7 million, and creating innovations such as Search by Lifestyle, a search engine for residences based on lifestyles;
Bestimate, a house appraisal system; and Baania Pulse: Deep Social Listening, developed for those in the property industry.” “Integrating the technology into the real-estate database will facilitate interested consumers with a comprehensive range of information covering all areas in Thailand, and minimize purchasing mistakes. Consumers can access to insightful information in ways never before possible. At the same time, real estate operators can make use of information provided via Baan-
Mr. Sam Tanskul, Managing Director of Krungsri Finnovate Co., Ltd, said “This collaboration marks one of the largest co-investments of leading corporates in Thailand, led by Krungsri Finnovate. Baania is solid with its strong competency, competitive advantages and unique expertise in the property industry. Krungsri was first impressed by Baania’s business potential upon mutual cooperation in the Krungsri RISE project. Krungsri has placed considerable emphasis on big data and data analytics technologies which are currently crucial and beneficial to business operations. Baania’s expertise on such technologies will enable Krungsri to get the most out of the information and innovations in order to develop loan products and services to match the needs of customers and land developers in the future.” Mr. Dusit Chairat, Corporate Venture Capital Fund Manager of AddVentures by SCG, said “Our direct investment in Baania this time lies in the three reasons: (i) Baania has a business model that can completely and perfectly serve
any searches for residences by using big data, AI, and machine learning technologies; (ii) Baania’s co-founders are knowledgeable and have in-depth experiences in the real estate industry, as well as a good understanding of Thai consumer behaviors, their pain points and journey; and (iii) Baania has a business model similar to that of some successful startups in other regions such as Zillow in the United States.” “The direct investment in 28
Baania can also extend SCG’s businesses, especially cement – building materials. The information gathered and stored by Baania will help SCG gain greater understanding on consumers then serve them better. Likewise, Baania has the growth opportunity accordant with our vision – You innovate, We scale”, Mr. Dusit said. Mr. Wittawat Svasti-Xuto, Senior Executive Vice President, Innovation and Digital, PTT Public Company Limited, said “We have em-
phasized on seeking investment opportunities in companies specialized in innovations and technologies for PTT Group’s service enhancement and new business initiation toward sustainable growth. PTT believes that Baania’s in-depth database regarding Thailand’s property market and its strength in leveraging big data and machine learning for data analysis would be great advantages for PTT’s strategic decision-making and business expansion in the energy and related industries, while driv-
ing the country toward a smart city. This investment, we hope, will bring about interenterprise knowledge sharing which promotes business initiatives that better serve consumers.” Mr. Ruangroj “Krating” Poonpol, Managing Partner of 500 TukTuks, said “500 TukTuks has been interested in proptech startups, especially the big data-driven business that helps create a variety of business extensions with its special unfair advantage. Baania is the first proptech firm we invested as early as
in the seed round last year. Its highly experienced founders and outstanding business potential will lead to a solid growth. With the new funding round from strategic investors and business partners, we believe that Baania will leap forward and become the market leader soon.”
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NEWS
Petrofac secures series of well engineering contracts
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etrofac has strengthened its global Well Engineering contracts portfolio following a series of award wins worth a combined value of around US$20 million. Petrofac secured an exclusive five-year Well Operator Services contract from independent Exploration & Production company, Tailwind Energy Ltd (Tailwind), following Tailwind’s recent purchase of the Triton Cluster. Under the terms of this arrangement, Petrofac will act as Well Operator for the Gannet E, Belinda and Evelyn licence areas in the Central North Sea. 30
The company has also been awarded discreet Well Engineering scopes by two major International Oil Companies (IOCs) and three National Oil Companies (NOCs) for projects in Iraq, Turkey and New Zealand. These additional scopes reflect the continued global growth of Petrofac’s Well Engineering capabilities. Alex Macdonald, Managing Director of Well Engineering, Petrofac Engineering and Production Services, said: “We’re delighted to be expanding our global service delivery as we continue to support IOCs, NOCs and new entrant Operators with outsourced Well Engineering services. As evidenced by the
number of awards we’ve secured so far this year, we’ve consistently proven our delivery and execution capabilities to new and existing clients. “Going forwards, our teams will continue to focus on safe, effective deployment of our Well Engineering activities to enable our clients to unlock maximum value from their oil and gas assets.”
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MIDDLE EAST NEWS
With proven technological track record, LG Electronics to lead the smart energy industry with its total HVAC solution LG Electronics targets tropical regions such as Middle East & Africa (MEA) with its unique smart energy solutions that offer high efficiency
June 30, 2019 (Dubai, UAE) – As a leader in the HVAC industry, LG Electronics is strengthening its foothold as a pioneering provider of smart energy solutions in the Middle East & African (MEA) market. According to Mordor Intelligence, a global market research company, the energy management system market in the MEA region is expected to grow at an annual rate of 11.87% to reach USD 3.76 billion by 2021 . As such, continuous research and development of efficient energy management policy is undergoing in government and international organization-scale in the MEA region. In particular, members of the Gulf Cooperation Council are increasing investment in energy infrastructure by utilizing smart grid, Dubai, Abu Dhabi and Saudi Arabia have all announced energy policies up until 2030 to maximize energy efficiency. Africa is not an exception. According to the International Renewable Energy Agency, energy demand in Africa is expected to increase 2 fold by 2030 , while United Nations Environment Program analyzed that in regions like Africa where 32
energy access is restricted, efficient energy management is significant in times where demand skyrockets. In tropical climates like the MEA, where temperature goes high as 50°C, the key to smart energy management is in heating, ventilation, and air conditioning (HVAC) solutions. Representatively in Saudi Arabia, 70% of energy consumption is
used in cooling compared to 48% in Europe. To tackle such needs, LG Air Solution provides highly efficient HVAC solutions. LG’s representative line for its HVAC solution is the VRF system, MULTI V, is equipped with ever powerful and reliable LG’s ultimate inverter compressors, which are vital to the efficiency of a VRF. LG inverter technol-
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ogy offers maximum efficiency in part load as well as full load conditions with a large range of frequency operation, and an enhanced compressor reliability. Numerous MULTI Vs are currently successfully under operation in diverse sites in the MEA region. One exemplary site is MEA’s first net zero energy city, the Sustainable City by Diamond Developers. Requiring a highly efficient HVAC solution, especially needing a part load operation and controlling and monitoring the AC units from a smartphone, all the challenges were met by LG and the City is now enjoying the best energy efficiency. LG also provides smart energy management with its BECON (Building Energy Control) Cloud Solution, an IoT-based platform. Through numerous sensors in the BECON Cloud, remote real-time monitoring, energy efficiency management, and energy saving is possible. Maintenance service teams are also set up in the MEA region with a strong basis in Dubai, UAE and several sites in the region have adapted BECON Cloud and are receiving remote maintenance service. Expanding into the smart energy business with its technologies in HVAC solution, LG’s capabilities have been demonstrated in Korea’s LG Science Park, a world class R&D complex with an area of around 175,207m2. Not only the most up-to-date HVAC system has been adapted, but the innovative energy solution for energy management and renewable energy facilities have been realized.
For instance, simulation for energy use based on information on weather, building facility data, operating history, etc. is held to predict energy demand with BECON solutions and manage energy supply and demand. Review and analysis of energy production, saving, and load is also undergone through renewable energy facilities for smart energy management. With these advanced technical capabilities realized in LG Science Park, LG will move on to globally expand its technological leadership in smart energy management.
Mr. James Lee, President of LG Electronics Middle East and Africa said, “Starting from 2020, the MEA region is welcoming key momenta with numerous international events and government-led construction projects that can lead to high demand in energy solutions. With LG’s smart energy solutions that can maximize energy efficiency, we will contribute to the changeover of MEA cities to become intelligent.”
About LG Electronics, Inc. LG Electronics Inc. is a global innovator in technology and manufacturing with operations in 140 locations and a workforce of over 70,000 around the world. With 2018 global sales of USD 54.4 billion, LG is composed of five companies – Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Component Solutions and Business Solutions. LG is a world-leading producer of TVs, refrigerators, air conditioners, washing machines and mobile devices, including premium LG SIGNATURE and LG ThinQ products featuring artificial intelligence. For the latest LG news, go to www.LGnewsroom. com.
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About LG Electronics Home Appliance & Air Solution Company The LG Electronics Home Appliance & Air Solution Company is a global leader in home appliances, air conditioning and air quality systems. The company is creating total solutions for the home with its industry leading core technologies. LG is committed to making life better for consumers around the world by providing thoughtfully designed products, including refrigerators, washing machines, dishwashers, cooking appliances, vacuum cleaners, built-in appliances, air conditioners, air purifiers and dehumidifiers. Collectively, these products deliver enhanced convenience, superb performance, great savings and compelling health benefits. For more information, please visit www.LG.com.
Media Contacts
LG Electronics Gulf FZE Karima Karmouzi Regional PR Manager/MEA RHQ Marketing Team Tel: +971 4 279 9507 (Ext. 507) Email: karima.karmouzi@lge. com LG-One Aaron Budwal Account Executive Email: aaron.budwal@lg-one. com
MIDDLE EAST NEWS
MANLIFT | The first choice for jobs to be done at height
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ow do you deliver the best customer experience? What kind of creative and novel way can you come up and think of? When was the last time where you disrupted the routine of daily thoughts followed by daily routine of activities? The intentions for all of the Manlift team are the same: 1) Creating a harmonious and genuine circle of trust with our customers 2) Keeping one’s words in delivering the most suitable solution and the best service to our customers 3) Responding promptly and providing fast resolution times when the customer reaches out for support. These are some of the important requisites required to build the foundation for a solid and positive customer experience. The catalyst that brings the positive memorable experience for our customers happens when we blend, both the above mentioned requisites together with the ingredients of each value chain in the rental cycle process flow (see below graphic).
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This is where and when the “Manlift Way” comes to shine and takes over. And when the actual journey is embarked on by our customers as soon as they rent their desired access platform from us. It requires a culture of openness, willingness to receive and act upon feedback and most of all embracing change for the better. The Manlift Way is also known as the operating model of the company. It is something that cannot be copied or become a me-too product it is unique like a gene embedded in each of our employee’s mindset. It makes us who we are, what we stand
for and how we deliver the best customer experience at Manlift. Find out for yourself: https:// www.manliftgroup.com/en/rental #customerexperience #manlift #accessplatform #rentalcycle #valuechain
A S I A PA C I F I C N E W S
Top 4 Safety Products to Protect Your Home from Burglary
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hether you’re always at home, burning the midnight oil as a member of the workforce, or a night owl who likes to come home just as the sun comes up, keeping the house safe from potential thieves and threats should be your top priority as a homeowner. There’s no better feeling than opening a locked door and seeing everything as it was when you left it. Inversely, there are few things scarier than coming home to an open door and trying to figure out what was stolen, broken, or tampered with. But keeping a house, or any property you may have, is always easier said than done because of how crafty people can be. This requires the best type of locks, safes, and home security technology that can trump the shiftiest of looters. So, just how can you put “safe” in your safe haven and “smart” in smart home? Here are 4 integral home improvement tools that will give your home a much-needed security upgrade!
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1. Yale Digital Door Locks The makers of the World’s Favorite Locks have been moving up and moving forward, innovating locks of different designs to fulfil one main objective: to secure and give safety to your home and business. Their latest inventions up the ante by utilizing ingenious, forward-thinking mechanisms in their digital door locks. These progressive locks utilize fingerprint verification, vocal registration, and a smart touchpad on which you can input a 6 to 12-digit password. These security measures greatly decrease the chances of anyone breaking in which, when done, will cause an automatic alarm to sound. Other models may also have proximity card identification and a remote control, for added protection.
2. Dormakaba Door Closers One of the leading companies in the market for access and security solutions worldwide, Dormakaba produces door technology systems and allied products. Their latest product, the TS 93 cam-action door closer system, is able to provide a high-quality architectural solution for all project application requirements. This mechanism features the Dormakaba heart-shaped cam to ensure exceptional ease of opening and secure measures.
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3. Baldwin Door Locks The ultimate in style and technology, Baldwin has achieved the balance between form and function. Utilizing electronic touch-to-open solutions, beautiful aesthetics, solid brass, iconic styles, and smart lock technology designed to exceed the luxurious, uncompromising architectural standards of multitudes of people, Baldwin’s products have evolved boldly and luxuriously. Their locks also utilize touch-to-open technology, mobile phone control, and digital e-keys that can keep track of who enters and exits to certify thief and threat-prevention. Needless to say, data collection is always a plus when securing your home or business.
4. Chubbsafes Safes and accidental flames; Chubbasafes’ Mini Bankers are low to medium security safe designed ideally for small businesses and homes to protect valuables and documents; their Senator units are compact, small, certified safes providing dual protection against burglary and fire in the house of office; and their Binder Fire Files can help you improve organization while fire protection for up to two hours.
This UK-based brand of safes and vaults specialises in products which offer certified burglary protection and fire protection. The brand’s wide array of products is promising, and the 42
varied strengths and uses of its safes and files all promise customer satisfaction. Their Viper is an ideal safe for protecting cash and other valuables from potential burglars
If you have any of these 4 safety products installed anywhere, possible burglars may find it difficult to break in and take whatever is there. If you have all 4 of these brands in the household, then your home will be like a nearly impenetrable fortress. Truly, the “safe” is in safe haven and “smart” is in smart home with Yale Door Locks, Dormakaba Door Closers, Baldwin Door Locks, and Chubbasafes Safes.
World Class Safety Brands Co Ban Kiat Hardware Inc., is the authorized distributor of various safety and security products in the Philippines. In its pursuit of distributing world-class safety materials, it has partnered with renowned brands such as Yale, Dormakaba, Baldwin, Chubbsafes, Stanley, Ridgid, Lincoln, Pelican, etc. In its quest to improve the safety standards of the Philippine market, CBK Hardware is continuously bringing more high-quality yet affordable brands and safety products for residential, commercial and industrial applications.
About CBK Hardware
For almost a hundred years, a family’s surname has become synonymous to the country’s biggest hardware supply company. Co Ban Kiat Hardware Incorporated, of the Cobankiat family has a regular client network of more than 1,500 industrial organizations; 1,600 traditional community hardware stores, and 584 home building specialty chain of stores across Luzon, Visayas and Mindanao. This ever growing conglomerate traces its humble roots to Manila Chinatown, as a pioneer enterprise started by family’s patriarch, Mr. Cobankiat in 1920. Despite the ruins of World War II, the business goes back to its How to Order feet in 1948, rebuilding a storefront from the very same To order Yale Digital Door Locks, spot where it was known for Baldwin Evolve, Dormakaba three decades. Door Closer and Chubbsafes Safety Vaults, visit https://www. This ever growing conglomerate cbkhardware.com/ traces its humble roots to Manila Chinatown, as a pioneer Co Ban Kiat Hardware, Inc. enterprise started by family’s Ground Floor Cobankiat patriarch, Mr. Cobankiat in 1920. Building II 231 Juan Luna St. Despite the ruins of World War Binondo Manila, Philippines. II, the business goes back to its Phone +632 2476557 feet in 1948, rebuilding a Phone +632 2432734 storefront from the very same spot where it was known for Coby’s Designer Center three decades. Unit 467 level 4 Shangri-La Plaza Edsa Corner Shaw Boulevard While the Filipinos continue to Mandaluyong City, Philippines rebuild their lives post war, CBK Phone +632 6364895 Hardware sees the opportunity to Phone +632 6364896 introduce the retail concept once unheard for in hardware industry. The Hardware Workshop Store is the fruit if this endeavor. CBK Hardware further cemented its legendary distribution channel with the creation of Coby’ Design Center in Edsa Shangi La in 1996, a spe-
cialty store that caters to discriminating taste of modern Filipinos. In 1997, Mr. Johnny Cobankiat, the 4th generation Cobankiat leader, set another milestone for the company when he brings a franchise of Ace Hardware USA to the Philippines, and signs up CBK Hardware as one of its major suppliers. This further expanded into delivering quality world class products nearer to families of Filipino overseas workers in the countryside. A century’s excellence can quickly pass, and guided by the vision to be the largest network supplier of the biggest global brands in the hardware industry, CBK Hardware resolve to source the best products to supply its customers anytime and every time.
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A S I A PA C I F I C N E W S
#LeadersTalk with Lincoln Electric
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CBK Hardware to market Lincoln Electric products
uring the official brand launching of Lincoln Electric Welding Equipment in the Philippines, GineersNow TV interviewed Nahanni Nagle, Managing Director of The Lincoln Electric Company (Asia Pacific) Pte Ltd. Click here to watch the video Nahanni briefly discussed the history, product innovations and distribution channels of Lincoln Electric welding machines, particularly in South East Asia. Johnny Cobankiat, the President of Co Ban Kiat Hardware and ACE Hardware Philippines was also present at the event held at Shangri-La Hotel, Manila. Lincoln Electric is the global leader in the design, development and manufacture of arc welding products, robotic arc-welding systems, plasma and oxyfuel cutting equipment and have a leading global position in the brazing and soldering alloys market. CBK Hardware is the sole distributor of Lincoln Electric welding machines in the Philippines. To order Lincoln Electric welding equipment in the Philippines, visit https://www.cbkhardware. com/
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Co Ban Kiat Hardware, Inc. Ground Floor Cobankiat Building II 231 Juan Luna St. Binondo Manila, Philippines. Phone +632 2476557 Phone +632 2432734
Coby’s Designer Center Unit 467 level 4 Shangri-La Plaza Edsa Corner Shaw Boulevard Mandaluyong City, Philippines Phone +632 6364895 Phone +632 6364896
About Lincoln Electric Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxyfuel cutting equipment and has a leading global position in the brazing and soldering alloys market. Headquartered in Cleveland, Ohio, Lincoln has 60 manufacturing locations, including operations and joint ventures in 19 countries and a worldwide network of distributors and sales offices covering more than 160 countries. For more information about Lincoln Electric and its products and services, visit the Company’s website at www.lincolnelectric.com
About Lincoln Foundation, Lincoln Institute of Land Policy, and Lincoln Welding School The J.F.Lincoln Foundation is a non-profit, welding education organization founded in 1936 to promote welding as a better method of joining metals and to promote welding as a career choice. It is the only organization in the United States solely dedicated to educating the public about the art and science of arc welding. Formed when the arc welding industry was in its infancy, the Foundation is now in its seventh decade of publishing educational texts and granting cash awards to recognize technical achievements. The Lincoln Institute of Land Policy was established by Lincoln Electric’s founder, John C. Lincoln, in 1946, based on
his admiration for the work of Henry George. Today, the think tank still focuses on promoting “creative approaches to land as a solution to economic, social, and environmental challenges.” The Lincoln Electric Welding School was set up in 1917, and
has since then instructed over 150,000 men and women [6] in the various methods and techniques of safety and arc welding processes. The school is listed by the Ohio State Board of School and College Registration.
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A S I A PA C I F I C N E W S
Why Rain or Shine is the best Paint Product in PH
Tagged as one of Philippines best paints, Rain or Shine (ROS) Elastomeric Waterproofing Paint has proved to be an innovative leader in the field. From manufacturing top quality house paints way back in 1992 to venturing into the production of excellent elastomeric waterproofing paint twelve years 46
after, the company strives on providing only the best products in town. Rain or Shine paint continues to develop their products to suit the changing demand of the public and providing its customers with only the best and superior elasto-
meric paints in the county. And among the latest trends in their coatings is the broad array of environmental innovations they incorporated into their paints, some of which are featured here.
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Protective Features of Paint & Seal Products ROS Hydro Lock As what its name suggests, ROS Hydro Lock is uniquely designed to withstand wind-driven rains and extreme water pressure up to 15 psi which amounts to a 33-feet-high wall of water. Its superior formulation is also specially blended with agents to resist mildew growth. This super-premium waterproof coating is the ideal paint both for your interior and exterior concrete walls, along with basement walks, landscape walls, above or below grade concrete walls, and even concrete blocks. With its low sheen finish, the ROS Hydro Lock will not only protect your home from both negative and positive pressure but will also provide a sleek look to your dream house.
ROS Wall Mastic Especially formulated to solve the majority of your waterproofing problems, the ROS Wall Mastic is designed to create a surface membrane that can withstand water penetration. This coating stops leaks, fills pores, and seals hairline cracks of both your interior and exterior walls. It is highly durable and lasts longer than most of the paints in the market. On top of that, ROS Wall Mastic prevents any type of flaking, peeling, and chipping, leaving your home looking as sleek as its low sheen finish. It is also highly resistant to chalking and mildew. The paint is applicable for both new construction painting and repainting purposes. 48
ROS Roof Mastic The ROS Roof Mastic is Rain or Shine’s solution to leaking roof problems. With its premium quality formulation, this Paint and Seal technology protects your roof not only from minor and major leaks but also from the harsh Ultra-violet rays of the sun. ROS Roof Mastic creates a virtually impenetrable, protective membrane that keeps your roofs free of problems. This saves you both time and money, makes your roofs last longer, and creates a fine-looking finish.
ROS Deck Seal Mostly used for exterior concrete decks, ROS Deck Seal features brilliantly formulated elastomeric and crack building properties that are specially designed to keep your floors free from rainwater leakage. This ready to use roof deck sealer offers you with high tensile strength, hairline crack covering capabilities, and efflorescence prevention. Combine all of this with its low sheen finish and weatherproof features, ROS Deck Seal will prolong and protect your buildings and home while simultaneously providing better-looking roof decks.
A S I A PA C I F I C N E W S
Why Elite Families in the Philippines Choose TOSOT U-Crown Split Type Aircon These elite families deserve nothing but the best, and this TOSOT split-type aircon is nothing short of perfect.
Of course, these luxurious home décors fit perfectly in the traditional pre-Colonial mansions and have been well-thought-of even for the smallest trinkets that are made of either silver or gold. Some elite men even house cars as many as a hundred in their well-maintained garages. And not to mention how grand parties are in these posh “little” mansions. Anyone who’s anyone is definitely on the guest list!
TOSOT U-Crown Split Type Aircon Premium Features
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razy Rich Asians, a 2018 film showcasing the luxe life (and love life) of crazy rich Asian people, particularly some Chinese families. Apparently, there is quite a handful of real-life “crazy rich” families in the Philippines as well. Despite its being a third-world country, one can never doubt the fact that it is home to dozens of known names in the society that are living the high life. Prominent names such as the Marcoses, Ayalas, Lopezes, Roxases, Tecsons, Tuasons, Yuchengcos, and Tans among others have graced the streets of Manila since the 1800s. They were definitely
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the ‘it’ crowd and the epitome of elegance and luxury spending. From traveling abroad monthly to spending an easy 10 million for a child’s birthday party, these Filipino elites sure know how to celebrate their financial success. They need not boast of their hefty wealth since it is always evident in their myriad of extravagant properties, especially their homes, which are in fact taken care of by at least a dozen pack of househelps. Many of these homes were adorned with exquisite wood furniture (made exclusively by famous craftsmen) and a few fabulous classic paintings by the likes of Amorsolo and Hidalgo.
As expected, a very chic home deserves an equally premium air-conditioning unit materialized by TOSOT in their U-Crown Split Type Aircon. This wall mounted aircon is a combination of elegance with a hint of modern and innovative technology, perfect for luxurious ancestral houses and modern homes. Here are a few other reasons why Philippine elite families choose TOSOT U-Crown Split Type Aircon.
Unique Style and Design While many other split type aircon in the Philippines have the average-looking designs, TOSOT U-Crown wall mounted aircon is a definite stand out. Its slim U-shape integrated IDU design complements an equally elegant building interior and acts more of an aesthetic than a cooling unit. Another plus in its design is the 18dBA low noise which is practically negligible in
a mansion as big the elite families have. Thanks to this neat feature, this aircon can be installed in noise-sensitive areas such as the bedroom or library. Besides those mentioned features, TOSOT U-Crown Premium Series is also built with a wide air outlet with waterfall cooling, suitable for enjoying a relaxing lazy day during the summer.
R410A Eco-Friendly Refrigerant Modern air-conditioning units have already adopted the use of eco-friendly refrigerants in their models, and TOSOT is among those who have taken the earth-friendly route in aircon manufacturing. TOSOT U-Crown Premium Series is not an exception in this route as it features a very eco-friendly refrigerant called R410A. Homeowners can now cool themselves all day long all while preserving the beloved environment with this low-impact wall mount aircon.
Powerful Performance Fabricated with a full DC inverter that lengthens the life of the unit and lessens the total energy cost, TOSOT U-Crown Premium Series aircon is packed with powerful performance. Its two-stage compressor that operates from -30 to 54 degrees provides a more flexible option to the users. They can easily switch from freezing cold to burning hot in a matter of seconds, all with a push of a remote button. Its capacity outputs up to 18,000 BTU per hour and can cool large function rooms up to about 1000 square feet. It also features four different kinds of sleeping modes, adding to the user’s degree of freedom. 52
Maximum Efficiency Although elite families can obviously spend thousands of pesos for their electricity bills, a couple hundred pesos in savings can still do them good. With the aircon’s 1Hz Inverter technology that adds to the unit’s energy efficiency, even elite families can enjoy paying less for more. Its minimum input power is 15W to 0.2W standby power that will greatly save on energy consumption for the whole house. Pairing this with a full DC inverter and an eco-friendly
refrigerant, higher machine efficiency is a definite guarantee. To find out the best split type air conditioner for your condos, mansions or yachts, visit TOSOT showroom located at 2162 FB Harrison St., San Jose, Pasay City, Philippines or call +632-8330000 to book an appointment. You may also visit their website (click here) to get more information about the best split type premium aircon in the Philippines.
A S I A PA C I F I C N E W S
Construction’s Most Expensive Cities These are cities where construction costs a fortune... bloody expensive. According to a research by Arcadis, New York, Hong Kong, and London are the three most expensive cities for construction projects. The experts of Arcadis researched and compared the costs of construction projects across a total of 44 cities. The full report of the research can be obtained from the International Construction Costs Report 2016. According to the report, last year saw cost inflation that has been restricted due to falls in the prices of commodities. The index numbered the following cities among the 10 most expensive ones when it comes to construction:
1. New York
2. London
3. Hong Kong
4. Geneva
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5. Macau
6. Copenhagen 6. Copenhagen
7. Stockholm
8. Frankfurt
9. Paris
10. Singapore
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F E AT U R E S T O RY
Exercise Bike Generate Electricity To Power Small Gadgets Tron-like stationary bike generate “Healthy Electricity” to power small gadgets.
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ow do you like to achieve a sexy body, look cool and save some bucks at the same time? Such a tall order, yeah? But, did you know that it is now possible with the new generation stationary bicycle that not only kicks ass, but also creates electricity while you sweat it out. Though there’s nothing Earth-shattering about the idea of power-generating exercise machines, what sets this new stationary bike (aptly called “Healthy Electricity”) is its eye-popping design that will amaze even the most discerning of technophiles. Say goodbye to bulky exercise equipment: “Healthy Electricity” has a compact and boxy shape that makes it suitable even in the most cramped flats, say in New York, Tokyo or Hong Kong. An impressive blue-on-black lighting illuminates its handles and pedals as its user embarks on a journey to fitness and savings. It is like riding a lightcycle but for real! Though “Healthy Electricity” cannot power an entire home, it is particularly useful in juicing up small gadgets, like mobile phones and laptops, and small lamps.
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“Healthy Electricity”, designed by Cao Yuan, Wu Hao, Xu Wen, Xiong Luyao, Cao Wenqi & Zho Una, participated in the Lite-On Awards, dubbed as the “Chinese Design Oscars”.
F E AT U R E S T O RY
Asphalt Maintenance Tips From a Colorado Springs Company
Tips on how to care for and maintain asphalt surfaces to ensure their longevity Asphalt has the durability to take on years of vehicle and foot traffic without any visible signs of damage. However, all asphalt surfaces must be repaved when its materials break down or suffer wear and tear. There’s no need to worry, however, as this article will give you tips on how to care for and maintain asphalt surfaces to ensure their longevity. 60
Seal Your Asphalt Sealing your asphalt driveways in the dry summer season will help increase its longevity. It is best to apply asphalt sealant at least once every two years to renew its protective layer and have it looking fresh again. According to an asphalt Colorado Springs company, sealants help maintain the durability and strength of the asphalt’s foundation, making it last longer for years to come.
F E AT U R E S T O RY
Repair Cracks Regular preemptive inspections are vital in keeping your asphalt driveway in tip-top shape. Make sure to repair cracks ahead of time, before any extreme weather conditions begin. Although small cracks in your pavement may seem harmless, it can rapidly expand and cause serious issues when exposed to harsh elements and regular use. Water percolation can cause cracks to erode and weaken the substrate below its surface, which can also lead to crocodile cracking. Spotting cracks and repairing them at first sight can help you avoid expensive repair jobs in the future. It can also be in your best interest to hire a reliable concrete repair Colorado Springs company to inspect and repair damages on your asphalt driveway.
Shovel The Snow Removing snow from your driveway is an essential part of maintenance. As the snow builds up, it can lead to hazardous conditions when driving in or out of your property. For example, a snow-covered driveway or parking lot can be slippery for pedestrians and vehicles alike. Regularly removing snow can help the asphalt retain its integrity and help reduce the likelihood of incidents from happening on your property.
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F E AT U R E S T O RY
Clean It Up
Use Potassium Chloride
Closing Thoughts
A simple step such as cleaning and removing debris on your driveway can go a long way when it comes to asphalt damage prevention. You should regularly remove dirt, leaves, debris, and standing water from your driveway and parking lot. Although it’s best to keep your driveway clean at all times, this can be particularly important before winter begins, as snow can freeze and stick debris to the asphalt surface. Frozen debris on your driveway can be potentially harmful for you, your family, and to the asphalt surface.
Rock salt can be effective in neutralizing slippery conditions on asphalt surfaces; however, it can also harm the asphalt pavement. Rock salts are highly corrosive and can cause premature external damages on your asphalt driveway and parking lot. Avoid using rock salt as a deicing agent and use less-damaging alternatives, such as potassium chloride.
Proper maintenance can go a long way in ensuring the longevity of your asphalt pavement. Although these tips can be easy enough to do yourself, it can still be a daunting task. Save yourself from unnecessary trouble and look for a reliable and professional asphalt company.
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