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Industry Leaders Magazine June 2011 Issue

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June 2011

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June 2011


The Team Editorial Carrie Ann, Editor-in-Chief

Vrushti Mawani, News Editor

Richard Meryn, Associate Editor

Aubrey Chang, Associate Editor

Design Jani V. Art Director / Creative Head

Christy Gren, Industry Specialist Reporter

Marketing Kevin Paul Sr. Graphic Designer

Patrick Jam Advertising Coordinator

Zaina Ava Design Associate

Jason Miller Sr. Project Director

Rachel Allen, Project Director

Christine Taylor, Project Director

Julia Zimmerman, Project Director

Ashley Hudson Sr. Project Director

Project Management Tom Parker, Project Director

Nick Howard Project Director

Technology John Hancock, Head - Web Department

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Finance Controller Le Manh Cuong, Sr Software Coordinator

Julia Hunt, Magazine Production

RR Baratiya

June 2011

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May 2011

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Editor’s Blog by Carrie-Ann Industry Leaders Magazine has been providing business news and information across various industry sectors from different parts of the world. We have been publishing stories about milestones reached by companies through phenomenal efforts and winning strategies. Jose Andres, known in the food circles of America as God of Tapas, won the title of Outstanding Chef at the James Beard Foundation Awards held last month, more popularly referred to as the Food Oscars. In this issue, we talk about the innovative culinary concepts and award-winning restaurants set up by Andres, that have added a very significant glamour-quotient to Spanish food. Pressures in the Eurozone, brought on by the over-riding debt situations in a number of the pripheral Euro countries, and fuelled significantly by IMF chief Strauss-Kahn's arrest, continued to make headlines all of last month. We talk about the latest developments in this context. Dont miss this month's Toys for the Big Boys section, which we have made more encompassing. We call these 'Prized Possessions'. We promise they will find favour with many of you...

Regards,

Carrie Ann

Editor-in-Chief. Industry Leaders Magazine.

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June 2011

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June 2011

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June 2011

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Features

Contents God of all Tapas Chefs wins Food Oscars

36

36 Apple claims top spot, at the Brandz Top

Jose Andres

100 ranking which lists all brands across sectors according to their brand value.

48 58 58

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Eurozone Woes... with peripheral countries overburdened with debt, Strauss-Kahn's arrest could not have come at a worse time. What is this likely to mean for future bailout packages to be given out by the IMF ?

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June 2011

Cover Story Jose Andres God of all Tapas Chefs, Jose Andres, won the title of Outstanding Chef last month at the James Beard Foundation Awards, more popularly known as the Food Oscars. With his award-winning restaurants across America including Zaytinya, minibar by Jose Andres, Oyamel, CafĂŠ Atlantico, The Bazaar, China Poblano and the rest, Andres is redfining the way America, and the world, thinks about food and nutrition. 7


June 2011

Contents Regulars 12 The Latest in Business. 20 Toys for the BIG Boys 26

The WOW ! Quotient

66

Masdar City

66 26 42

Statoil A pioneer in the oil industry creating workable solutions for vulnerable areas, Statoil is an international energy company with operations in 34 countries...

This month’s M&A Highlights.

than Life: 112 Larger Executive Lifestyle Special

120 Industry Events & Tradeshows

78 78

20 8

Toys for the Big Boys June 2011

IL&FS IL&FS Transportation Networks Limited (ITNL), is one of the largest BOT road asset owners in India. ITNL acts as a developer, operator and facilitator of surface transportation infrastructure projects...

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Company Profiles

Pan Asia Logistics A holistic logistics provider for efficient, intelligent and cost-effective logistics solutions across the globe, Pan Asia Logistics offers a complete range of fully integrated logistics services...

48 48 92 100

Gold Corp Inc.

100 www.industryleadersmagazine.com

June 2011

With award-winning restaurants and innovative culinary concepts, the Think Food Group and Jose Andres are changing the way America and the world think about food.

Head-Space

“

Contents

Goldcorp Inc. is the fastest growing, lowest-cost senior gold producer with operations and development projects in politically stable jurisdictions throughout the Americas.

The Think Food Group & Jose Andres

What is the distance between someone who achieves their goals consistently and those who spend their lives and careers merely following? The extra mile.

“

- Gary Ryan Blair

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June 2011

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June 2011


The latest

in

Business

Almost-Plane "Aero Train" Unveiled in China With the importance of developing High Speed Rail Systems becoming increasingly recognized across the world, this particular initiative takes the rapid-transit concept to a whole new level! The Aero Train, unveiled at the IEEE International Conference on Robotics and Automation in Shanghai, China, a levitating robotic plane-train that floats on a cushion of air, presents the most futuristic public transport system developed to date. A team of Japanese researchers from the Tohoku University, including Yusuke Sugahara, has developed this revolutionary public transport system prototype, which

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Richard Meryn

does the one thing that really speeds up travel – by not running on rails, the Aero Train avoids friction with the ground. This project has been developed under the leadership of Professor Yasuaki Kohama over the past 20 years. While Maglev Trains, with their magnetic levitation system, are supposed to do exactly this, the typical wind drag created between the bottom of a maglev train and the rails make these inefficient and expensive. The Aero Train scores a big one-up here, by not using magnets to create an air cushion sandwich, instead using stubby little wings and fast-moving air to fly just above the ground.

June 2011

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U.K’s Co-operative Group launches new Green Energy Company In a bid to counter existing ‘baffling and bewildering’ multi-tariff energy options on offer in the UK, the Co-operative Group has launched a new energy company called Co-operative Energy. Through Cooperative Energy, the group hopes to provide a simple, easy-to-understand, single tariff plan to customers.

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June 2011

According to Nigel Mason, Chief Executive of Co-operative Energy, the new green energy company’s aim is to radically “shake up” the energy industry by providing fairer, better, cleaner energy. In a media statement, Mason said, “Customers have been bamboozled by complicated tariffs and confused by changing prices and unfair contracts, and it has to stop” “We are determined to provide a fair and transparent service for Co-operative Energy customers and to let them share in the profits,” he added.

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The Latest in Business

Steering away from the existing kind of options, which use fixed-price contracts for locking in customers and exit penalties that disallow customers to switch suppliers, Co-op Energy promises to provide comparatively low-carbon power on the basis of a simple tariff providing energy at a single unit price.

Carrie Ann


The latest in Business

Facebook loses Face in trying to Get Dirty with Google

Jason Miller

In apparent efforts of wanting third parties to confirm that users were not happy about the use of their personal information from their Facebook accounts for Google’s new competing social-network Social Circles, Facebook is attracting a lot of negative attention for the manner in which they carried out this process.

Unfortunately for Facebook, the entire episode backfired massively, when the PR firm approached a blogger who not only declined the assignment, but also went public with the offer.

In what appear to be obvious efforts towards planting negative stories about Google Social Circles, Facebook hired a major PR company, Burson-Marsteller, to circulate critical reports condemning Google’s privacy practices though leading media agencies.

Even if Google is violating or misusing privacy at some level, it won’t matter anymore, because the focus is now on the fact that Facebook tried to play dirty.

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How embarrassing for the very young, yet very popular, social-networking website!

June 2011

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Antwerp-Chongqing Direct Rail Freight Link A 5-days-a-week direct rail freight service was launched on May 9th between the Port of Antwerp, Europe’s second-largest port, and Chongqing, the industrial hub located in China’s southwest. A crucial step in the process of developing the Eurasian Land Bridge, setting up this rail freight passage has significantly speeded up the process of transporting freight across Eurasia.

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June 2011

takes 20 to 25 days, and the aim is to very soon further shorten the duration of this journey to 15 to 20 days. Talking about the additional and faster option for China’s trade with Europe created by the Antwerp-Chongqing rail freight link, Chongqing municipal government’s deputy secretary-general, Liao Qingxuan, said during his visit to Antwerp, that the Antwerp-Chongqing rail freight link will play a significant role in promoting development in China’s west, while also transforming the structure of China’s logistics sector for the better.

The Latest in Business

As compared to the 36 days it takes for maritime transport from east China’s ports to west Europe, the AntwerpChongqing Rail Freight service currently

Aubrey Chang

15


The latest in Business

“Retire Ronald McDonald” a no-go with the Happy Meal maker Newspaper ads run in mid-May, and supported by nutrition experts and consumers, urged the fast food chain, McDonalds’, to put childrens’ health first, and to stop marketing junk food to kids through Happy Meal Toys and Ronald McDonald, one of the world’s most recognizable clowns. In response, McDonald’s CEO, Jim Skinner, firmly defended Ronald at the company’s annual meeting on Thursday, saying, “Ronald McDonald is going nowhere.”

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Christy Gren

Organized by the nonprofit regulatory body Corporate Accountability International, the campaign targeted at McDonald’s marketing techniques, especially the use of Happy Meal toys, and the clown Ronald, is supported by groups like the Chicago Hispanic Health Coalition, the American Academy of Child and Adolescent Psychiatry as well as by well-known nutritionists and doctors like Andrew Weil, a doctor and director of the Arizona Center for Integrative Medicine.

June 2011

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Small-Smart-Speedy Italian Debut: 2012 Fiat 500 Cabrio A sneak-peak of this Italian smart dwarf on wheels, Fiat 500c, was revealed on 21st April 2011 at New York International Auto Show introduced by Laura Soave, Head of Fiat Brand North America. TFiat 500 Cabrio possesses a small engine with a capacity of 1.4 liters, 16-valve fuelinjected in-line four-cylinder engine with variable valve timing. The soft top 500 speeds in the city for about 30 miles per gallon. Soaring on utility of technology

Rachel Allen

Fiat plays it smart, with an ecoDrive. The Fiat 500 Cabrio is most likely to be produced in fourteen exterior colors, three different soft-top colors, and an interior of either black or white, with 12 combinations of interior fabrics and materials. Fiat 500c’s “Pop” version includes a 5-speed manual transmission, power windows, and cruise control.

The Latest in Business

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June 2011

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June 2011

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June 2011


Toys for the Big Boys The Golden Putter

with 24-carat gold.

The ultimate gift for that avid golfer, the Golden Putter made by German company Barth & Sons is hand-crafted and plated

As stated by Michael Barth, Founder and Owner of Barth & Sons, “Every Putter is as unique as you. In addition we offer several possibilities with which you can further personalize your GoldenPutter, with even more exclusive materials, and customized luxury details.�

presents itself as the finest, most exclusive golf putter in the world, that renders that added level of exclusivity to the experience of golfing.

The

Golden Putter

June 2011

image courtesy thegoldenputter.com

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Prized Possessions

Richard Meryn

If this isnt the drink to die for, what is?

Isabella Islay, the world’s most luxurious whisky, made by the Luxury Beverage Company of the United Kingdom, is probably the most expensive alcoholic beverage in the world. Available in two editions, the Isabella Original retails for £3.8 million ($6.2 million), studded with over 8500 diamonds, almost 300 rubies and the equivalent of two bars of white gold all covering a fine English Crystal decanter and the Very Old Single Malt cask strength Islay whisky inside.

Vice of Choice

image courtesy isabellasislay.com

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June 2011

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Prized Possessions

The Special Edition, featured here, retails for around $740,000, and boasts the finest British craftsmanship in Crystal, White Gold and diamond lettering.


Toys for the Big Boys

Up in

Smoke

And how could we resist following up the world's choicest whisky with the best cigars ever?

Gurkha Cigars, made from the finest tobaccos and spices, are considered the best cigars in the world.

Individually hand-rolled, the Gurkha Cigars are made using tobacco which is aged for upto ten years, this factor being critical to the excellent taste of all Gurkha cigars. Even the boxes that house these Gurkha cigars are hand-made; each with fine detail and exquisite finishes that compliment the specific cigar.

June 2011

image courtesy gurkhacigars.com www.industryleadersmagazine.com


Prized Possessions This one's for the ladies.

, the Joaillerie 101 Résille, This amazing watch by Jaeger Le Coultre

Joaillerie 101 Resille houses the world's smallest mechanical movement, its dainty size making it an exquisitely feminine piece of jewellery.

makes a big impact with its combination of blue and pink sapphires and diamonds. The cameo setting is in itself an artistic masterpiece that demands a very broad palette of gems to impart the desired fluidity to the colours. This fluidity is accentuated by the watch’s extreme suppleness as it coils gently around the wearer’s wrist. The symbol of rigorous expertise and sensual aesthetics, it is the infinite expression of the patience and talent of the Manufacture’s artists.

Small

image courtesy jaeger-lecoultre.com

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Prized Possessions

The Beauty of June 2011

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June 2011


The

WOW!

World’s first ZeroCarbon City comes to life with Market@Masdar City image courtesy officialroyalwedding2011.org

June 2011

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! Quotient

Vrushti Mawani

W

idespread belief is that sustainable development and U.A.E usually don’t figure together in the same context. However, the upcoming Masdar City in Abu Dhabi, promising “the highest quality living and working environment with the lowest possible ecological footprint”, safely puts to rest this pre-conceived

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June 2011

notion regarding the lack of large-scale green initiatives in this part of the world. The Market@Masdar City, a street fair held on April 29th, worked as a launch of this colossal effort of constructing the world’s first eco-urbanity, allowed locals and visitors to explore this new zero-carbon city in all its glory.


! Quotient The WOW 28

Masd M a r k e t @ Masdar City CWith an elaborate set-up of organic and eco-foods, products and services, the fair, Market@Masdar City, offered a glimpse of a full-scale sustainable community by allowing the beautiful eco-architecture of the city to be explored.

Personal Rapid Transit System in Masdar City (image courtesy autogreenmag.com) Describing riding the futuristic, driverless Personal Rapid Transit (PRT) vehicles as one of the most exciting highlights of the launch, the official website of Masdar City says “At the touch of a button, the electric-powered PRT carries visitors between the parking lot and the fair location at the Masdar Institute of Science and Technology campus, located in the heart of Masdar City�.

June 2011

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dar City

View of the Knowledge Centre at the Masdar Institute building image courtesy officialroyalwedding2011.org

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! Quotient

Masd

The WOW

The design of Masdar City, a seamless blend of contemporary design with traditional Arabian architecture, makes use of a number of green building materials, as

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well as innovations in passive design. Consequently, the narrow streets, shaded sidewalks and colonnades, which constitute a strong architectural language for the city, offer an outdoor environment which is as much as 20 degrees cooler.

View of the Knowledge Centre at the Masdar Institute building June 2011

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dar City Making Zero-Carbon a Reality Masdar City is designed to provide the highest quality of life with the lowest environmental impact, in part

to demonstrate that environmentally responsible living does not imply hardship. A wholly owned subsidiary of the Abu Dhabi Government-owned Mubadala Development Company, Masdar has been developed with the vision of establishing Abu Dhabi as a global centre of excellence in renewable energy and clean technologies. While being committed to building one of the most sustainable cities in the world, Masdar City also recognizes the need to achieve this objective in a commercially viable manner. In congruence with this holistic approach, Masdar City presents itself as “a high-density, pedestrianfriendly development where current and future renewable energy and clean technologies are showcased, marketed, researched, developed, tested and implemented.� Designed to be inhabited by around 50,000 people, this futuristic development by Foster and Partners‘, is centred on capitalizing the fact that the most amount of energy saving results from some of the most obvious features of the city, i.e, the form and orientation of the buildings themselves.

image courtesy James Law Cybertecture

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! Quotient

This is further enhanced with building performance optimization systems, such as energy-smart building envelopes and smart building management,

Boasting a Material Recycling Centre (MRC) for separation and processing of materials, Masdar City and its contractors are diverting up to 96% of construction waste from landfill and using it in the build of the city.

Personal Rapid Transit The Personal Rapid Transit vehicles, which have already attracted a lot of global

The WOW

Masdar City acts as a test site for implementation and application of renewable energy technologies. The use of different types of thin-film and crystalline solar panels to identify which works and performs best in the harsh Abu Dhabi sun, is a prime example.

Masd

The new eco-mecca takes immense pride in reporting that no unsustainable materials such as bitumen or polystyrene were used for the concrete foundations while laying out the city, instead using recycled materials and a form of low carbon concrete that uses a large amount of ground granulated blast-furnace slag (GGBS), a waste product of iron making.

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June 2011

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dar City attention, were designed by legendary Italian automotive and design house Zagato, which has designed cars for Ferrari, Bentley, Rolls Royce, Jaguar and Aston Martin. The PRT vehicles can travel at speeds up to 40kph on straightaways and 25kph on curves, and are powered by a battery that recharges while vehicles are standing in the stations between trips.

The driverless vehicles are controlled by an advanced navigation system; they use magnets embedded in the corridor to know their position and onboard sensors to detect any obstacles in their path; a wireless connection keeps them linked to the central computer, which guides them on their journey and ensures smooth operation among all vehicles.

Proposed Masterplan of Masdar City www.industryleadersmagazine.com

June 2011

Masdar City presents itself as “a high-density, pedestrian-friendly development where current and future renewable energy and clean technologies are showcased, marketed, researched, developed, tested and implemented.� 33


June 2011

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Number Crunchingly Good

June 2011

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Apple claims BrandZ Top 100 top-spot as world’s most valuable brand he no.1 spot in BrandZ Top 100, the listing that identifies and ranks the world’s most valuable brands, has been taken by Apple this year, ending the four-year reign of search-engine giant Google. www.industryleadersmagazine.com

June 2011

With its brand value estimated at over $153bn, the iPhone and iPad maker’s rank has been boosted significantly by the success of its tablets and smartphones.

Brand Power

T


Number Crunchingly Good The BrandZ Top 100 ranking is compiled by WPP-owned research company Millward Brown, and assesses brands across all sectors, from automobiles, to accessories and fashion labels to banking institutions and technology providers.

Driving Apple's Growth According to the global director of the Brandz report, Peter Walshe, “It is really the iPad that has driven [Apple's growing brand value], although the iPhone has continued to do magnificently too, and the development of apps”. Attributing Apple’s 84% hike in brand value to its smartphone and tablet products, the report by Millward Brown now values the electronics leader’s brand at $153.3 billion. According to Walshe, a key driver of its growth is also the fact that Apple has successfully broken into the luxury goods segment, i.e., by pricing its products higher, the company has made them that much more desirable for consumers.

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Millward Brown Chief Executive Officer Eileen Campbell says in the report, “It’s clear that every single Apple employee, from Steve Jobs and Tim Cook to the summer interns, see protecting and nurturing that brand as a top priority.” According to this latest report, since the BrandZ rankings were first launched in 2006, Apple’s brand value has shot up by 859%. As compared to this dramatic

Attributing Apple’s 84% hike in brand value, the company’s stock value hike in brand has increased five times over the same period, to value to its $323.27bn. smartphone and tablet products, Other Brands that the report by Ranked Millward Brown As opposed to the growth in has valued the phenomenal brand value demonstrated by Apple, Google’s brand is electronics reported to have lost 2%, leader’s brand climbing down to $111.5 billion. at $153.3 International Business billion, an Machines Corp. (IBM) 859% rise since figures at no.3, overtaking McDonald’s. 2006

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A reflection of global obsession with technology, six of the top 10 brands ranked by Millward Brown are Apple, Google, IBM, Microsoft, AT&T and China Mobile. The fastest rise in brand value rank is attributed to the world’s largest socialnetworking company, Facebook, which showed a 246% rise. Despite being a new entry into the Top 100 listing this year, Facebook’s brand has been valued at $19.1 billion, with the company ranking No. 35 on the list. No big surprise, given the rapid rise in capital value that Facebook witnessed over the past year, with Goldman Sachs becoming an investor in the company. Ironically, compared to Google’s 2% decline, the Chinese search-engine company, Baidu, often considered

Google’s oriental rival, was reported as demonstrating the second-fastest rise at 141%. Climbing up 46 places this year, Baidu has been ranked at No. 29, with its brand valued at $22.6 billion.

“

It is really the iPad that has driven [Apple's growing brand value], although the iPhone has continued to do magnificently too, and the development of apps

“

Brand Power

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Number Crunchingly Good The dominance and rapid growth displayed by technology companies was explained by Mr Walshe, who said, “Technology has engaged people on all levels to make their lives simpler, cheaper, faster and more enjoyable, which is why technology companies enjoy so much brand recognition.”

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Contrary to this “techno-honchos top” trend, there were some technology companies that actually lost out this year. Nokia, which has fallen by 28% in terms of its value, now features at number 81 in the rankings. Nintendo dropped 47 places, now featuring at no.79 with a 37% fall in brand value to $11bn, while Dell lost its place altogether in this year’s Top 100 list.

June 2011

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Brand Power

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June 2011


Microsoft's $8.5 billion takeover of

Skype Expanding Business OR Keep-away Game? 42

June 2011

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Becoming Microsoft’s most expensive acquisition yet, Skype being taken over by this software giant is supposed to be in line with Microsoft’s larger plan of offering a better basket of services by integrating Skype with its other products such as Lync, Xbox Live, Kinect, Outlook and Hotmail. Details of the $8.5 billion all-cash deal were announced by Steve Ballmer, Microsoft’s CEO, in a news conference in San Francisco. By buying over the Internet voice and video communications company, Ballmer said, Microsoft hopes to make this value-added internet service available to a larger section of customers.

The Ways Honchos

of

Tech-

Skype, a service that allows users to make free video phone calls by using the internet, was founded in 2003. eBay then bought over the service in 2006, but soon sold it to a Silver Lake-led investment group for about $2 billion in 2009.

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June 2011

According to Peter Bright of Wired, this large purchase by Microsoft is especially surprising in light of the fact that “Microsoft’s own software already has considerable overlap with Skype.” While Microsoft’s Windows Live Messenger, with an estimated 330 million active users every month, offering free instant messaging, and voice-and video-chat, caters to individual customers with Skypelike features, Lync 2010, the system developed by Microsoft for its corporate clients, combines the communications features of the Live Messenger service with corporate manageability, thus enabling companies to build private networks. So, when Microsoft already has these capabilities, and given the software company’s plans of integrating Lync with its Kinect service to create more natural virtual presences, why did Microsoft need to acquire a similar service and pay so dearly for it?

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M & A Highlights this month

However, following reports of some other leading technology companies, like Google and Facebook, also trying to acquire Skype, many market analysts are of the opinion that Microsoft sealed the deal with Skype for the hefty $8.5 billion mainly to keep other tech companies away.

And while Microsoft CEO, Ballmer, has stated his firm belief that Skype is worth thrice the price paid by the private investors group in 2009, some market analysts strongly believe that Microsoft’s lofty $8.5 billion offer for Skype, mainly stems from Microsoft not wanting the service to being taken over by one of its competitors.


M&A Highlights ...while Microsoft CEO, Ballmer, has stated his firm belief that Skype is worth thrice the price paid by the private investors group in 2009, some market analysts strongly believe that Microsoft’s lofty $8.5 billion offer for Skype, mainly stems from Microsoft not wanting the service to being taken over by one of its competitors.

LSE Chief Xavier Rolet with TMX Chief Thomas Kloet Microsoft and Skype CEOs Tony Bates and Steve Ballmer www.industryleadersmagazine.com June 2011


Skype’s Advantages

Value for Money?

Sure, Skype has some features that give its VoIP service a heads-up as compared to Microsoft’s Live Messenger.

Yes, integrating telephony with Microsoft’s existing personal and business communicator services would be great, but then why wouldn’t Microsoft opt for building a similar telephony service, like Google is doing with Google Voice? This would cost Microsoft way lesser than the stupendous $8.5billion the company is paying for Skype.

Other “better v a l u e ” f e a tu re s of Skype include more refined call features, its integration w i t h telephone connectivity, and a broad g l o b a l presence.

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June 2011

The same goes for the better voice-andvideo chat services that Skype offers. Microsoft has made public intentions of ramping up Skype’s customer growth and increasing earnings by using its sales teams to sell more ads on the service. However, given the fact that online advertising still remains an area where Microsoft has not been very successful in making a profit, many market analysts are skeptical about how lucrative Microsoft’s efforts of advertising through Skype will be. No wonder investors are worried about the Skype deal ending as badly for Microsoft as it did for eBay, especially given Microsoft’s history of often performing poorly with acquisitions, added to speculation that this latest acquisition might mainly stem from Microsoft wanting to keep the VoIP company out of Google and Facebook’s reach.

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M & A Highlights this month

With only 124 million monthly users, while Skype‘s number of users figure at around a third of Live Messenger’s, its big point of difference, as Bright points out, is that around 8 million of Skype’s users pay for their services. Acquiring Skype allows Microsoft access to paid users.


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June 2011


Jose Andres www.industryleadersmagazine.com

June 2011


J

ose

deserved

Andres, accolade

won on

a

well-

Monday,

May9th 2011, when he was named Outstanding Chef at the James Beard Foundation’s annual awards ceremony, more popularly known as the Oscars of the Food World.

Jose

Andres

is

internationally-

recognized as a culinary innovator, credited with introducing Americans to both avant-garde and traditional Spanish cooking. Having created the ThinkFoodGroup (TFG) with partner Rob Wilder, Andres has led his team in developing a number of award-winning dining concepts, Jaleo,

like

Washington,

Zaytinya,

Atlantico

and

Oyamel,

Minibar

by

DC’s Café José

Andrés, as well as The Bazaar by José Andrés at Los Angeles’. www.industryleadersmagazine.com

June 2011

49

Cover Story

God of all Tapas Chefs wins Food Oscars

Chef and Owner of ThinkFoodGroup,


God of all Tapas Chefs wins Food Oscars Along with serving as culinary director for the SLS luxury hotel brand, a collaboration with sbe and Philip Starck, Jose and TFG partnered with one of DC’s premiere caterers in 2009, to create José Andrés Catering with Ridgewells and was recently awarded the contract to manage food service at Arena Stage in Washington.

Jose An

Andres grew up outside Barcelona and moved to the U.S 21 years ago after training with famed Spanish chef Ferran Adria. Declared GQ Magazine's 2009 Chef of the Year, José is credited with introducing Americans to both avant-garde and traditional

José is host and executive producer of the PBS series Made in Spain, a culinary journey of his homeland. He has also authored several cookbooks including the companion to the PBS series, Made in Spain: Spanish Dishes for the American Kitchen and Tapas: A Taste of Spain in America. Following a recent trip to Haiti, José launched a nonprofit, World Central Kitchen, which aims to feed and empower vulnerable people in humanitarian crises around the world. He is Chairman Emeritus for DC Central Kitchen, an organization that combats hunger and creates opportunities with culinary training.

Journey to the Top Being named Outstanding Chef of the Year at the JBF Awards, Andres left behind some stiff competitors; Suzanne Goin of Lucques in Los Angeles, Gary Danko of Restaurant Gary Danko in San Francisco, Charles Phan of The Slanted Door, also in San Francisco, and Paul Kahan of Blackbird in Chicago. 50

June 2011

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ndres Andres created the ThinkFoodGroup (TFG) with partner Rob Wilder, and has led the development of a number of award-winning dining concepts, like Washington, DC’s Jaleo, Zaytinya, Oyamel, Café Atlantico and Minibar by José Andrés, as well as The Bazaar by José Andrés in Los Angeles’.

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June 2011

Cover Story

Minibar by Jose Andres


God of all Tapas Chefs wins Food Oscars Spanish cooking. At Jaleo, he helped create one of the first critically and commercially successful tapas restaurants in the country, setting the standard for other Spanish and small plate restaurants. With the opening of his innovative Minibar by José Andrés, Food & Wine hailed José as the "hero of the Spanish revolution," who "helped create the Spanish food boom in America." And the New York Times called him "the boy wonder of culinary Washington." The James Beard Foundation recognized him with the award for "Best Chef: Mid Atlantic" in 2003, inducted him into the Who’s Who of Food & Beverage in America in 2007, and nominated him for "Outstanding Chef" in 2008, 2009, and 2010 for his work at Minibar. Having recently become well-known for his views and pro-active approach towards addressing social issues like school lunch standards, childhood obesity, hunger, subsidies for agribusiness and food marketing, Andres said while accepting his award 52

“

Jose An

earlier this month, “Food is the most powerful thing we have in our hands. Not only chefs, but everyone in the food community. The right use of food can end hunger.”

Food is the most powerful thing we have in our hands. Not only chefs, but everyone in the food community. The right use of food can end hunger... We have the responsibility to make sure that not only our great nation, but the world will always be better using food in the right way

“ June 2011

“We have the responsibility to make sure that not only our great nation, but the world will always be better using food in the right way,” he added.

Jose Andres' Non-profit organisation World Central Kitchen


ndres Andres’ interview on 60 Minutes also won the Best Television Segment Award for 2011

World Central Kitchen A non-profit organisation led by Andres, World Central Kitchen's aim is to operate in countries affected by humanitarian crises and chronic food insecurity by cooking and feeding vulnerable people, supporting the local agricultural economy through local food purchases, and promoting nutritious foods, recipes and

environmentally sustainable cooking fuels and technologies. While providing for people who have lost their means of purchasing food or cooking for themselves, another priority for WCK is also to put in place large-scale sustainable community feeding systems that can be locally managed and operated throughout a crisis phase. The strategy followed by WCK follows a comprehensive approach towards addressing chronic food security problems and related high levels of malnutrition.

Image courtesy http://worldcentralkitchen.org

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June 2011

Cover Story

n


God of all Tapas Chefs wins Food Oscars

Jose An

What's Cooking, Uncle Sam ? Right after winning the JBF's Outstanding Chef award, Andres has gone on to announce that he will be closing down his Washington restaurant, Cafe Atlantico, and would instead be transforming it into a pop-up restaurant called America Eats Tavern, celebrating all-American cuisine.

In partnership with the Foundation for the National Archives in support of the National Archives’ exhibit, "What’s Cooking, Uncle Sam? The Government’s Effect on the American Diet", this temporary restaurant by José Andrés’ ThinkFoodGroup will serve as a culinary extension of the National Archives’ exhibit.

Noodles and Tacos: Bringing together Mexican and Chinese cuisines at Andres' China Poblano 54

June 2011

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ndres Its menu and environment inspired by the exhibit and the rich history of American cooking, America Eats Tavern opens July 4th 2011, and is Andres' first new restaurant concept in Washington since opening in Los Angeles and Las Vegas.

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June 2011

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Cover Story

Image courtesy chinapoblano.com

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America Eats will offer a new take on American classics and celebrate native ingredients and some long forgotten dishes, from burgoo to oysters Rockefeller. With recipes and stories collected through extensive research, and with help from the National Archives and a culinary advisory council of chefs and scholars, the menu will showcase the fascinating history of our nation one plate at a time, whether it’s the origins of New England clam chowder or the introduction of grapefruit to America.


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June 2011


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June 2011


Making News

Governments of peripheral Euro countries burdened with debt, eager for more bail-outs?

Eurozone Woes T

he Eurozone has been witnessing one bad week after another, with new bailout packages being given out, more estimated as being in the offing, and to add to all the financial chaos, the arrest of Dominique Strauss Kahn, Chief of the International Monetary Fund (IMF), and a key strategist who designed the rescue packages for Greece, Portugal and Ireland.

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The most recent news adding fresh concerns to already overwhelming issues, was S&P's downgrade in its outlook of the Italian economy, along with the massive losses suffered by Spain's Socialist Party in city and regional elections. Both these developments have sparked off market speculation regarding the ability of these two governments of dealing with deficit reduction. Fukushima Nuclear Station

June 2011

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World Business News

Greece needs to raise an estimated total of €22bn (£19.3bn) by next year in order to suffice for repayments not covered by the present rescue package. Greece ditching the Euro? Regarded by many financial analysts as Eurozone's biggest sore right now, Greece's persistent debt issues, related worries regarding an impending financial recession and speculation on whether Greece will default its payments and stop using the Euro, continue to contribute to market volatility. Last year, Greece received a 110bn euro bail-out funded by the European Union (EU) and International Monetary Fund (IMF). Following an unscheduled meeting on May 6, the European Finance Ministers stated in agreement that Greece would require further financial aid if the country wanted to avoid restructuring. While S&P lowered their outlook on Greece again, the fourth time since April 2010, from BB- to B, on account of the country’s mounting debt, fellow ratings agency, Moody’s Investors Service threatened to follow suit, further increasing pressure on the country’s lawmakers to adopt a solution other than debt restructuring. And despite existing market resistance

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June 2011

to the privatization of state enterprises, the government might be forced to adopt exactly this measure, to avoid further downgrades on their economic outlook. A further cut in rating would see Greece positioned as the lowest-rated European country. As against the 1.25 billion euros worth of Treasury bills sold earlier this month by Greece's Treasury, Greece needs to raise an estimated total of €22bn (£19.3bn) next year in order to suffice for repayments not covered by the present rescue package. On the other hand, market rumours have been suggesting that Greece might just decide to reject the euro and go back to using the drachma. The market is divided on what would result from such a scenario. While a more common sentiment seems to be that if Greece defaults on paying back its government debt, this would cause panic across the Eurozone region, with the chaos thus created in the Greek banking system extending to the overall European banking system, there are 59


Making News

Eurozone Woes Governments of peri

“

The presumption was that with Strauss-Kahn at the helm the IMF would not turn its back on Europe, that the IMF would continue to support Europe. Now, with Strauss-Kahn gone, that proposition becomes a little dubious.

“

also some market analysts who feel that Greece should reject the Euro for a longterm benefit to the country.

stagnation and high unemployment that the European authorities are offering.”

According to Mark Weisbrot, the codirector of the Center for Economic and Policy Research, as stated in the New York Times, “a threat by Greece to jettison the euro is long overdue, and it should be prepared to carry it out. As much as the move might cost Greece in the short term, it is very unlikely that such costs would be greater than the many years of recession,

Strauss-Kahn's Arrest

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Instrumental in strategizing the financial bail-out plans for Eurozone, and described as a micromanager on Europe’s financial position, especially on the Ireland, Greece and Portugal bailouts that he oversaw, Strauss-Kahn, in his capacity as the fund’s managing director, has been widely

June 2011

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ipheral Euro countries; burdened with debt, eager for more bail-outs...

Personally also a very important time for potential French presidential candidate Strauss-Kahn, his arrest over the weekend happened just before a meeting with German Chancellor Angela Merkel, and another scheduled with Eurozone finance ministers which was meant to further talks about how to tackle the current debt crisis being faced by Europe.

recognized for furthering IMF’s resources as well as bettering the organization’s governance. With Greece over-burdened with debt, and almost certain to need another bailout from the EU and IMF, Strauss-Kahn’s familiarity with the Greek debt situation and the instrumental role he could possibly have played in devising Greece's bail-out package, th IMF chief's arrest on sexual harrasment charges couldn’t have come at a worse time for Europe.

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June 2011

These new hurdles put up by Germany in the process of the IMF deciding on Greece’s bail-out package might have been dealt with more smoothly, had Strauss-Kahn still been acting chief of the IMF. According to a media statement made by a senior fellow at the Brookings Institution in Washington, Eswar Prasad, “The presumption was that with Strauss-Kahn at the helm the IMF would not turn its back on Europe, that the IMF would continue to support Europe. Now, with Strauss-Kahn gone, that proposition becomes a little dubious.” 61

World Business News

John Boehner v/s Harry Reid: The impasse that brought on possibilities of a U.S Govt. Shutdown

Germany, and other Northern European countries, i.e., Europe’s donor countries, had publicly voiced their discontent concerning the mounting costs of supporting high-deficit countries, insisting on higher budget cuts if any extra aid was to be granted to Greece, or if Greece was to be given more time to pay back the loans it is supposed to.


Making News

Eurozone Woes

With Portugal's bail-out having been almost approved when Strauss-Kahn got arrested, this Euro country was not impacted by the former IMF chief's arrest. Greece's position on the other hand continues to remain volatile Strauss-Kahn resigned as cheif of IMF later in May.

Will Spain need a Bailout? With the defeat of Socialist Party in the latter part of May in regional and city elections implying that Spanish Prime Minister José Luis Rodriguez Zapatero’s political party is likely to lose as many as six of the seven regional governments they control to the opposition Popular Party, led by Mariano Rajoy, this incident has sparked off enormous concerns regarding the ability of Zapatero’s government to deal with deficit reduction in the euro zone’s fourth-largest economy and avoid the need for an international bailout.

Standard & Poor’s cutting Spain & their outlook on Italy worsen Italy’s economy Eurozone Woes from “stable” to Standard & Poor’s cutting “negative”, along their outlook on Italy’s with the massive economy from “stable” to “negative”, along with political loss the massive political loss suffered by Spain’s suffered by Spain’s Socialist Party, has Socialist Party, significantly enhanced existing debt concerns in has significantly the Eurozone. enhanced existing Italy accounts for almost debt concerns in 20% of all government debt in the European the Eurozone. Union, while Spain’s economy is the fourthbiggest in the Eurozone.

According to market analysts, the political loss of Spain’s Socialist

Party was brought on by a deep economic crisis and related high unemployment levels (21%). The Spanish economy being twice the size of Greece, Ireland and Portugal combined, though recent reforms in the banking sector had given the Government some

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June 2011


Making News

Eurozone Woes

protection from the financial troubles being witnessed by Greece, Portugal and Ireland, in light of the recent political losses, Spain would need to step up its game if it wants to continue to protect its economy.

“

growth and “diminished” prospects for debt reduction by the Italian government. Citing Italy’s current growth prospects as being weak, in addition to apparently wavering political commitment towards reforms that would enhance productivity, the S&P report said that, “Potential political gridlock could contribute to fiscal

As has been demonstrated in past years, and in the more recent slippage. As a result, we Prime Minister Zapatero, in response to the public years of this crisis, believe Italy’s prospects calls for early national for reducing its general Italy has, is and elections, said on Sunday government debt have that he does not intend to diminished.” will be a country hold early elections and that the top priority for with the economic Dismissing this downgrade, his government is to see Mr Giulio Tremonti, Italy’s and political through budgetary reforms finance minister said that that would protect Spain’s Italy had always been resources to do economy from suffering. “prudent” in its estimates, what is necessary referring to the cut in Miguel Angel Fernández economic growth forecast to always respect Ordóñez, Governor of by the government last the Bank of Spain stated month from 1.3% to 1.1% the pledges it has on Monday the need for for 2011 and from 2% to the Spanish government 1.3% for 2012. made With Madrid aiming to lower its budget deficit from 9.3% in 2010 to 6% of the GDP in 2011 and further to 3% by 2013,

to push forward with economic reforms to lower the country’s debt.

Italy’s Downgrade S&P's report on downgrading Italy’s credit rating outlook from stable to negative, was based on the country’s declining economic 64

“

Adding that the government would “intensify” reforms, Tremonti added, “As has been demonstrated in past years, and in the more recent years of this crisis, Italy has, is and will be a country with the economic and political resources to do what is necessary to always respect the pledges it has made".

June 2011

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June 2011


Statoil Optimizing Increased Recovery image Š StatoilHydro

June 2011

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A

n international energy company with operations in 34 countries, Statoil is founded on more than 35 years of experience from oil and gas production on the Norwegian continental shelf, and is committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. Headquartered in Norway, Statoil has 20,000 employees worldwide, and is listed on the New York and Oslo stock exchanges. www.industryleadersmagazine.com

June 2011


Statoil

Optimizing Increased Recovery

A pioneer in the oil industry where creating workable solutions for vulnerable areas is concerned, Statoil has clearly demonstrated their ability to balance different concerns and establish a basis for co-existence with the environment, local communities and traditional industries.

In 1979, the Statfjord field commenced production, and in 1981 Statoil was the first Norwegian company to be given operator responsibility for a field, at Gullfaks in the North Sea.

Statoil’s history is peppered with technology breakthroughs that have allowed the company to operate in ever greater water depths. During more than 35 years on the Norwegian continental shelf, Statoil has moved from an initial 70-90 metres of water into even greater depths, and is now drilling in deeper parts than anyone previously thought would be possible.

Statoil’s Journey Statoil, the Norwegian State Oil Company was founded in 1972, and two years later the Statfjord field was discovered in the North Sea.

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Statoil has been one of the most important players in the Norwegian oil industry, and has contributed strongly to make Norway into a modern industrial nation. Today, Norway is one of the world's most productive petroleum provinces and a test lab for technology development.

Statoil's operations at Statfjord image Š Statoil

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June 2011


Statoil

Optimizing Increased Recovery

In 2007 Statoil merged with Norsk Hydro’s oil and gas division. The new company was given the temporary name of StatoilHydro, and the new company reached a size and strength for considerable international expansion. The company changed its name back to Statoil on 1 November 2009. Norsk Hydro’s oil history stretches back to the late 1960’s, when the company was a license holder in the giant Ekofisk discovery in the North Sea in 1969. Statoil has been one of the most important players in the Norwegian oil industry, and has contributed strongly to make Norway into a modern industrial nation. Today, Norway is one of the world's most productive petroleum provinces and a test lab for technology development.

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Heavy Oil Reserves The world’s reserves of extremely thick oils or “heavy oils” are probably twice as large as its holdings of conventional, lighter crudes. Originally, these were light oils too. They became heavy, because the cap rock over the reservoir didn’t form a complete seal. This allowed bacteria to penetrate and consume the lighter components. A great deal has also drained away or simply evaporated, leaving only the heavier compounds behind.

Statoil has taken active steps at their technology centers in Norway and Canada to develop a sustainable value chain for heavy oil. With a firm belief Statoil has taken active that new solutions steps at their technology in Norway and will play a key role centers Canada to develop a in producing and sustainable value chain for heavy oil. With a upgrading these firm belief that new solutions will play a crudes, Statoil’s key role in producing centers support all and upgrading these crudes, Statoil’s centers heavy oil operations support all heavy oil operations and work and work with with environmentally sensitive technology. environmentally sensitive technology. June 2011

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June 2011


Statoil

Optimizing Increased Recovery

Increased Recovery While some claim that the Norwegian Continental Shelf is close to exhaustion, Statoil’s estimates say that only one third of the reserves on the Norwegian Continental Shelf have been recovered. And while regular findings get smaller and less accessible, Statoil believes that drilling for new findings and increased recovery from existing sources will go hand in hand in future.

and 75% for the gas, which is 20% more than originally estimated, and equates to 300-400 million extra barrels.

According to Statoil’s increased recovery statistics, every extra per cent the company extracts from existing fields increases recovery by 600 million barrels; the same amount as the largest new findings on the Norwegian Continental Shelf over the last ten years. IR (Increased Recovery) being both a value-adding and a sustainable business, it has become an important outsource for Statoil, and has made the company a world leader in increased recovery. Statfjord, Statoil’s largest oil field, brought on stream in 1979, is a prime example of Statoil’s commitment to Increased Recovery. According to original estimates, Statfjord should be closed by now. But, because of Sttaoil’s groundbreaking IR solutions, the field will probably see its 50year anniversary. The estimated rate of utilization is now reaching 70% for the oil 72

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The Statoil way Statoil operates on a strong belief that competitive returns for their shareholders are best achieved through a values-based

Statoil CEO Helge Lund www.industryleadersmagazine.com www.industryleadersmagazine.com 63 June 2011

performance culture, stringent ethical requirements and a code of conduct which promotes personal integrity. Given these fundamental values, Statoil has set absolute requirements for health, safety and the environment (HSE). The company aims to meet the demand for energy which is necessary for further economic and social development, while showing consideration for the environment and making an active effort to fight global climate change. Safe and efficient operations are Statoil’s first priority. The company has won great renown for their technical safety monitoring system and safe behaviour programmes. With a goal to always achieve zero personal injuries, Statoil emphasises improved HSE performance in all their activities. 73


Statoil

Optimizing Increased Recovery

Marcellus Shale Gas

Peregrino

Statoil acquired a 32.5% interest in the Marcellus shale gas acreage from Chesapeake Energy Corporation In 2008. Covering 1.8 million acres in the Appalachian region of the north-eastern USA, this acquisition is part of a strategic agreement between the two companies to jointly explore unconventional gas opportunities worldwide.

The Peregrino field, located 85 km offshore Brazil in water depths of around 100 metres, is Statoil’s largest heavy crude oil field. The world’s heavy crude resources, generally younger than conventional oils, were also originally light. These have become heavy – viscous – because the

The agreement covers more than 32,000 leases in the states of Pennsylvania, West Virginia, New York and Ohio. Chesapeake plans to continue acquiring leases in the Marcellus shale play. Statoil has the right to a 32.5% participation in any such additional leasehold. With this transaction Statoil has acquired future, recoverable equity resources in the order of 2.5-3.0 billion barrels of oil equivalent (boe). Statoil’s equity production from the Marcellus shale gas play is expected to increase to at least 50,000 boe per day in 2012 and at least 200,000 boe per day after 2020. Both companies believe that the development programme could support the drilling of 13,500 to 17,000 horizontal wells over the next 20 years.

Statoil's operations at Peregrino image © Statoil

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cap rock over the reservoir hasn’t formed a complete seal, which in turn has allowed bacteria to penetrate and consume the light components. A lot has also drained away or quite simply evaporated, leaving only the heavier compounds. Statoil believes that a lot of oil can be recovered at Peregrino. Combining

technology and solutions which have been developed elsewhere to achieve a profitable production solution for this field, Statoil aims to recover oil from Peregrino’s resources which are located about 2,300 metres beneath the seabed. To reach that depth, Statoil is using the same horizontal drilling techniques they have applied in such locations as the Grane heavy oil field in the North Sea which allows them to drill a number of wells from the same position, while greatly improving field drainage. A total of 30 horizontal oil producers and seven injection wells are due to be drilled on Peregrino from two platforms, with a ship placed between them to receive and process the wellstreams.

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IL & FS Tran Networks Lim

June 2011

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nsportation mited

Building Better Networks

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June 2011


IL&FS Transportation Networks Limited (ITNL), promoted in November 2000 by Infrastructure Leasing & Financial Services Limited (IL&FS), is one of the largest BOT road asset owners in India. ITNL acts as a developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and maintenance.

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June 2011

ITNL had initiated an Initial Public Offering (‘IPO’) of its equity shares which was concluded in March 2010 and the shares were listed on the National Stock Exchange of India Ltd (NSE) and Bombay Stock Exchange Ltd (BSE) on March 30, 2010. ITNL is a market leader in the transportation infrastructure sector in India with its portfolio comprising 22 projects in various


ITNL has also ventured into development of projects in transportation sub-sectors such as Railways, Urban Transportation Systems and Border Check-posts. ITNL is currently developing a metro rail project in Gurgaon, an emerging business and software hub close to New Delhi; a border check post project for the central Indian state of Madhya Pradesh; and operating a city bus transportation network in the city of Nagpur, a major commercial and political centre in the state of Maharashtra in India.

4-Lane Highways executed by IL&FS Transportation Networks Ltd.

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Transportation Networks Ltd

length and breadth of India and has projects in various stages of commissioning as well as commissioned projects thus offering significantly de-risked and scalable business model.

IL&FS

stages of development with an aggregate cost of about USD 8.14 billion. The project portfolio of ITNL has an optimum blend of revenue from ‘toll’ and ‘annuity’ based projects, is geographically diversified with presence in 14 states covering the

building better networks

ITNL is a market leader in the transportation infrastructure sector in India with its portfolio comprising 22 projects in various stages of development with an aggregate cost of about USD 8.14 billion

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Highly regarded across India for the superior building practices they follow, the GHV Group is especially wellknown for high quality construction of flexible bituminous pavements, concrete rigid pavements for air strips and construction of national highways. A key driver of the GHV Group’s success is their belief and practice of adapting global technology and knowhow to local conditions and terrain. This has helped them maximize the impact and benefits of projects they execute over the longer term. GHV also offers a “design-build” service, which integrates operational and construction processes with design development. Devised primarily as a service for full-service hospitality facilities, the design-build process offers an optimized experience for guests, while also ensuring smooth operational processes and, consequently, better returns on investment. GHV’s project managers have extensive experience in managing the design and construction of full-service hotels across all stages, right from bidding, designing, procurement and warehousing to executing detailed interior design and installation. Leaders in innovation and engineering, with a diverse portfolio that demonstrates their values, vision and capabilities, the GHV Group presents itself as one of India’s leading infrastructure and construction companies driving growth in the country across a number of core sectors. GHV (INDIA) PRIVATE LIMITED AML Center-I, 8 Mahal Industrial Area, Mahakali Caves Road, Andheri (East), Mumbai 400 093 Tel: 022-67250014/15, Fax: 022-67250016

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In March 2008, ITNL commenced its international operations through the acquisition of Elsamex S.A. (“Elsamex”), a Spanish group involved in providing maintenance services primarily for highways and roads in many European and Latin American countries. ITNL is today positioned as an unique infrastructure company with a diversified asset base, financial and managerial resources, effective management systems and technology exposure, backed by strong managerial support from IL&FS. ITNL has been awarded the "Infrastructure Company of the Year - 2011" at the "Essar Steel Infrastructure Excellence Awards Ceremony" in association with CNBC TV18. ITNL was selected from amongst six short-listed firms, by an eminent jury consisting of panelists including senior administrative officials and industry stalwarts.

Transportation Networks Ltd

With over four decades of experience in building quality infrastructure across India, the GHV Group has executed a diverse range of projects, including construction of roads, bridges and flyovers, irrigation and earthworks as well as airport development and redevelopment. This management practice of the company, of making diversification a priority, has ensured consistent growth for the GHV Group.

IL&FS

The GHV Group is one of India’s leading infrastructure and construction companies, committed to excellence in performance towards building a better 21st century India.

building better networks

GHV India Pvt. Ltd.

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The design team is also equipped with latest software for analyzing and design of highways and structures some of which include MX-Road, Stadd Pro. and Survey equipments including Dual Frequency Global Positioning System (DGPS), Total station and Digital level instrument etc. The inputs of the design team, have helped ITNL reduce construction costs, to optimize designs and improve the success of a bid and to assess the possible quantity variation and escalation risks. Additionally, an Independent Quality Audit Team (IQAT) has been formed as part of the design unit for carrying out quality check of works executed on project sites.

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ITNL is an ISO 9001:2008 certified organization. Further, ITNL’s quality objectives emphasizes on adherence to safety and quality standards. In this regard ITNL aims to be ISO 14000 & 18000 certified by year end and is currently streamlining all its HSE initiatives to this effect There is a designated Safety and Quality Officer (SQO) for each of our Project sites, who are trained on all aspects of safety by a professional institute imparting safety training. They keep track of accidents at project site, analyse the data and identify weak spots, take necessary action to reduce accidents and also provide first aid to accident victims. All the project offices are equipped with adequate fire

Transportation Networks Ltd

team, through which it has developed its capabilities for highway and structural design works. The design team’s expertise is being leveraged to enable ITNL assess and develop Projects without relying entirely on the contracting agencies.

IL&FS

ITNL’s in-house Design Health Safety and support team Environment (HSE) ITNL has a fully functional in-house design initiatives at ITNL

building better networks

ITNL’s quality policy commits to providing world class infrastructure and to achieve customer satisfaction. ITNL believes that any development of physical infrastructure would comprehensively achieve its overall goals only if social infrastructure is simultaneously and sustainably developed.

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Salini Costruttori is a private industrial group, specialising in large-scale construction. As the third largest Italian general contractor, today Salini is among the top players in the sector, present in 40 countires across four continents (Europe, Asia, Africa, Latin America). In over 70 years of experience in building roads, motorways, railways, dams, hydroelectric plants, tunnels, aqueducts, civil and industrial buildings and, more recently, involvement in project financing. Salini has developed the know-how and skills that set it apart from its peers: the ability to mobilize resources in record time, to get construction sites up and running promptly using the Fast Track implementation method, and a strong focus on the territorial context where the work is carried out. The excellent track record of projects delivered and the consistent commitment to and fulfillment of the needs and requirements of both public and private clients is testament to the Group’s history.

OVER 70 YEARS OF INTERNATIONAL EXPERIENCE IN THE CONSTRUCTION OF MAJOR INFRASTRUCTURES

Salini Costruttori S.p.A. Via della Dataria, 22 - 00187 Rome Italy Tel +39 06 67761 - Fax +39 06 6776288 info@salini.it - www.salini.it

fighting systems and access to first aid. ITNL also ensures that the contractors appointed for the construction work at each site adhere to the best safety standards. The IL&FS Group has an Environment and Social Policy Framework (ESPF), which has been adopted by ITNL. The Environment Management Plan (EMP) is made part of the EPC Contract to ensure that all our Projects adhere to the best practices in environmental management.


of Jharkhand in Central India) areas, where the highways are being developed by ITNL.

ITNL’s quality policy commits to providing world class infrastructure and to achieve customer satisfaction. ITNL believes that any development of physical infrastructure would comprehensively achieve its overall goals only if social infrastructure is simultaneously and sustainably developed. To achieve this goal ITNL has initiated “Project Parivartan” as a community development initiative, with a vision to build an empowered and transformed community across the highways. Parivartan will work in three major areas viz, education, employability and empowerment Parivartan is being implemented to empower communities along the NH-9 (between Pune and Solapur in the state of Maharashtra) and NH-33 (between Ranchi

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and Hazaribagh in the state

June 2011

The project aims at improving quality in 44 schools through various interventions such as development of teachers through in–service training programs, use of innovative teaching and learning materials in the class rooms, integration of multi-media in delivering the curriculum and computer education programs for students and youth of the community. It is further envisaged to focus on health awareness and community welfare programs. Parivartan’s impact on the social development of the region has been recognized through the award of the prestigious S<och Virtual Corporation Award, 2011.

Transportation Networks Ltd

for

IL&FS

ITNL’s initiatives social development

building better networks

Awarded by National Highways Authority of India, ITNL’s North Karnataka Expressway Limited project is a part of the “Golden Quadrilateral” - the most prestigious National Highway Development Programme undertaken by Government of India through the NHAI.

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ITNL’s Landmark Projects North Karnataka Expressway Limited (NKEL) (Belgaum – Maharashtra Border) NKEL carried out rehabilitation and widening of existing carriageway to 4 lane dual carriageway on Belgaum – Maharashtra Border section of National Highway no. 4 (NH – 4) including service road in the State of Karnataka under the annuity model on Built – Operate – Transfer (BOT) basis.

The Project was awarded by National Highways Authority of India (NHAI), the nodal agency instituted by the Government of India for developing National Highways of the country. The Project is a part of the “Golden Quadrilateral” - the most prestigious National Highway Development Programme undertaken by Government of India through the NHAI.

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and, Managing Director, IL&FS ation Networks Limited accepting astructure Excellence Award www.industryleadersmagazine.com

June 2011

RIDCOR has been selected for the “The Innovation Award for Road Transport in Developing Countries (InARoaD)” in the category of "Finance & Economics" by the International Roads Federation (IRF), Geneva”. This award recognizes the positive impacts of the improved road infrastructure and transport conditions on the quality of life of communities and for the contribution of the Project to poverty reduction.

Transportation Networks Ltd

The State Government of Rajasthan (a state in the north-western region of India) and IL&FS have set up Road Infrastructure Development Company of Rajasthan

Ltd (RIDCOR) as a 50:50 joint venture company for the effective leveraging of public and private expertise, to implement the single largest road sector project in the country taken up under the Public-Private Partnership (PPP) framework. The Project envisaged improvement of important North-South road corridors linking National Highways passing through the State aggregating a total length of 1,053 km, to world class standards at an estimated cost of over Rs. 1500 Crore.

IL&FS

Road Infrastructure Development Company of Rajasthan Ltd. (RIDCOR)

building better networks

ITNL’s RIDCOR project has been selected for the “The Innovation Award for Road Transport in Developing Countries (InARoaD)” in the category of "Finance & Economics" by the International Roads Federation (IRF), Geneva”

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Pan Asia Keeping your Business Flowing June 2011

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Logistics

A

holistic logistics provider for efficient, intelligent and cost-effective logistics solutions across the globe, Pan Asia Logistics offers a complete range of fully integrated logistics services and supply chain solutions through their worldwide network. www.industryleadersmagazine.com

June 2011

With uncompromised attention towards their customersâ&#x20AC;&#x2122; needs, Pan Asia Logistics is one of the fastest growing logistics solutions providers in Asia Pacific.


Pan Asia Logis Keepi Established through a Singapore/Germany joint venture, with a vision to cater to the expanding needs of their global clientele, Pan Asia Logistics provides highly efficient concepts which are designed so as to optimize their customers’ supply chains and drive value for their businesses. While the headquarters for Pan Asia Logistics are located in Singapore, the company has more than 25 offices in Asia, comprising strong teams of experienced and highly trained professionals from diverse multinational and cultural backgrounds. Supported by an extensive network of partners, agents and alliances around the world, Pan Asia Logistics’ global infrastructure strategically positions them to provide innovative one-stop logistics solutions for their clients.

Values and Vision Committed towards delivering the highest standards in operations, customer service excellence and environmental protection, Pan Asia Logistics has put these high standards in place at every level of their organisation to ensure consistency of premium quality service worldwide. As part of their commitment to the environment, the company strives to reduce carbon emissions through 94

intelligent solutions environmental impact.

that

minimise

Pan Asia Logistics recognizes that the successes of their clients’ businesses are intricately linked with the success of their business and their clients’ success is their success, and this understanding is reflected in their short and long-term dealings. With integrated systems for secured data transfer and web-based platform solutions, Pan Asia Logistics offers total visibility and real-time information to keep their customers updated about orders and shipments during the entire supply chain. Using powerful state-ofthe-art IT systems, Pan Asia Logistics offer seamless and secure support for logistics processes, including Warehouse Management, Transport Management & Transport Planning, Inventory Management, Vendor Management, Freight Management and Supply Chain Management.

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stics ing your Business Flowing With a vision to cater to the expanding needs of their global clientele, Pan Asia Logistics provides highly efficient concepts which are designed so as to optimize their customersâ&#x20AC;&#x2122; supply chains and drive value for their businesses. Expeditor's freight services

Port of Antwerp image courtesy portofantwerp.com

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Pan Asia Logistics Keeping your Business Flowing Additionally, their communication platform provides controlling interfaces to connect all partners of the supply chain, while also channelling the document flow, and offering total supply chain transparency.

Warehousing, Distribution & Contract Logistics With a full array of warehouse services coupled with customised storage programmes and fully automated warehouse management systems, Pan Asia Logistics is able to provide individually tailored logistics solutions. Equipped with short-term

With the ability to monitor their customers’ inventories, taking account of stock levels and stock ageing so that their clients can reduce storage & insurance cost, lower taxes and tiedup capital, and maximise profits, the company’s supply chain solutions are

With a full array of warehouse services coupled with customised storage programmes and fully automated warehouse management systems, Pan Asia Logistics is equipped to provide individually tailored logistics solutions. under the

and permanent capacity for all storage types ranging from high-base storage, bulky and oversized goods storage to air-conditioned and dangerous goods facilities, Pan Asia’s expertise and experience in designing, planning and managing warehouse and distribution processes is focused on the optimisation of their customers’ supply chains and the

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subsequent reduction of logistics costs.

June 2011

customised to meet a range of logistics requirements and optimise logistics processes along the entire value-added chain. Managing all processes within the supply chain from the vendor to the end customer, and providing total control and visibility from order process to delivery, Pan Asia secures material flows for their clients and accelerates through-put times.

One of the few logistics providers licensed by the Singapore government to conduct business Approved 3 PL Scheme, Pan Asia Logistics provides fully licensed storage facilities for hazardous goods, ensuring safety and proper handling for their customers’ goods. 97


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Pan Asia Logistics Keeping your Business Flowing Ocean and Air Freight Providing a full range of ocean freight services worldwide, Pan Asia Logistics offers the ability to handle any size of freight from less-than-container load (LCL) and full-container-load (FCL) to special equipment and over-sized cargo. They manage the entire forwarding process, book cargo, arrange pick-up and delivery and manage shipping documentation in accordance with the customs requirements of the export and import countries. Pan Asia Logistics offers customized airfreight products, from priority express services with guaranteed time features to day-definite consolidation services with alternative up-lift solutions. They also offer door-to-door services worldwide to ensure seamless delivery and less handling of their clients cargo, thus minimising any risk of delays.

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Enterprise of the Year Award 2010 Pan Asia Logistics won the EYA (Enterprise of the Year Award) for 2010 at The Entrepreneur of the Year event, the oldest Award cereony in Singapore that honours local entrepreneurs who have established and sustained a successful and profitable business.

Pan Asia Logistics won the EYA for Since its inception in 2010 at The 1989, the Award has paid to hundreds of local Entrepreneur tribute entrepreneurs who have demonstrated excellence and of the Year drive in their field of business, Awards held in and has since grown to become prestigious mark of success Singapore, which athat entrepreneurs aspire to honour local attain, and a platform where deserving entrepreneurs are entrepreneurs showcased nationally. who have EYA for 2010 being awarded to Christian Bischoff of Pan Asia established Logistics, for his exceptional and sustained entrepreneurial performance establishing their a successful inbusinesses, is representative and profitable of the high quality of delivery and efficiency of services business. provided by Pan Asia Logistics. June 2011

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Gold Cor Operating for Excellence

June 2011

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rp Inc. W

ith a strong project pipeline, positioned to drive longterm sustainable growth, Goldcorp Inc. is the fastest growing, lowestcost senior gold producer with operations and development projects in politically stable jurisdictions throughout the Americas. Employing over 11,500 people worldwide, Goldcorp is a Canadian company headquartered in Vancouver, British Columbia. Goldcorp is committed to responsible mining practices and is well-positioned to deliver sustained, industry leading growth and performance. Goldcorpâ&#x20AC;&#x2122;s constant attempt is to deliver sustainable prosperity for their shareholders, employees, business partners and the communities in which the company operates.to cross www.industryleadersmagazine.com

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Gold Corp Inc. Operating for Excellence

North America’s Fastest A Responsible Mining Growing Senior Gold Company Producer Goldcorp’s strong . to Employing over commitment A global leader engaged responsible mining and in the operation, 11,500 people sustainable prosperity exploration, development for all of the company’s worldwide, and acquisition of stakeholders is reflected precious metal properties in the enviable position Goldcorp is a in Canada, the United at which Goldcorp closed States, Mexico and Canadian company in 2010. Central and South headquartered With a continuing America, Goldcorp’s current sources of focus on corporate in Vancouver, operating cash flows are social responsibility primarily from the sale of British Columbia. programs throughout the gold, copper, silver, lead organization during the Goldcorp is and zinc. year, Goldcorp reported an improvement in overall committed to Goldcorp’s gold safety performance for the production is located in responsible mining fourth consecutive year, safe jurisdictions in the also completing the practices and is while Americas and remains certification of all of their 100% unhedged. well-positioned to nominated sites under Goldcorp’s strategy is to the International Cyanide provide its shareholders deliver sustained, Management Code late in with superior returns the year. industry leading from high-quality assets, through their commitment Goldcorp’s deeply growth and to responsible mining and entrenched commitment sustainable prosperity. performance. to conducting business responsibly, involves respecting the safety and health of their 102

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Gold Corp Inc. Operating for Excellence

Goldcorp believes in minimizing the environmental footprint in areas where they operate, while also being proactive in program development so that communities are not reliant on the mines for their future.

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employees, protecting the environment, respecting the human rights of employees and of the residents of communities in which Goldcorp operates while also contributing to the sustainable development of those communities. Goldcorp believes in integrating economic, environmental and social dimensions into the companyâ&#x20AC;&#x2122;s business decision-making processes, thereby helping build strong, open and transparent relationships with the communities in which it operates, and is committed to making a positive difference in the communities and countries where they are located, by improving social

June 2011

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and

economic

circumstances

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economic contributions, community involvement, community consultation, support and development of school programs and special events. As an integral part of this communitybuilding endeavour, Goldcorp believes in minimizing the environmental footprint in the areas where they operate, while also being proactive in program development so that the communities are not reliant on the mines for their future.

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Sustainable Prosperity Goldcorpâ&#x20AC;&#x2122;s Sustainability Vision is to foster the integration of sustainable development principles into their business operating philosophy. Committed to implementing consistent policies and practices across their diverse group of properties, while recognizing the vastly different environmental, physical and cultural differences that shape each operation, Goldcorpâ&#x20AC;&#x2122;s sustainability goal 105


Gold Corp Inc. Operating for Excellence

is to achieve a balance of economic prosperity, environmental stewardship and social responsibility that extends beyond the economic lives of their mining operations.

mining activities on biodiversity and, where possible, actively increases biodiversity values.

Improving PeĂąasquito E n e r g y Preserving has a designed Biodiversity processing capacity Efficiency being an energy Goldcorp seeks to of 130,000 tonnes Mining intensive industry, design, construct, per day... Over its Goldcorp is committed operate and close to improving energy operations in ways 23-year mine life, efficiency in order that minimize the risks to reduce both costs to biodiversity and the operation is and greenhouse gas limit the companyâ&#x20AC;&#x2122;s environmental impact expected to produce emissions. across the significant an annual average To facilitate this areas of land that the Goldcorp is company manages in of 500,000 ounces process, developing an energy and around their mines. of gold, 28 million strategy which will include a five year plan With operations ounces of silver, setting objectives and spanning across a range in the key areas of ecosystems, from the 450 million pounds targets of energy efficiency, boreal forest region of emissions reduction, of zinc, and 200 northern Canada to the energy security and semi-arid shrub land of million pounds of renewables. central Mexico, Goldcorp recognizes the need of lead at net negative Gold and Silver dorĂŠ protecting biodiversity, bars being their main by-product cash by operating in a products, there is a manner that minimizes costs. limited opportunity for the impact of their 106

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Goldcorp to produce energy-efficient products. However, the company is pursuing many initiatives related to improving energy efficiency in their processes.

Peñasquito Located in the mining state of Zacatecas, Mexico, the Peñasquito mine is posed to be Mexico’s largest open pit mine. Offering flat topography and excellent proximity to roads, power, rail, skilled labor and smelters, the two open pit mines in this operation are Peñasco and Chile Colorado containing gold, silver, lead and zinc. “Over the course of its construction and production ramp-up, Peñasquito has achieved every significant operational milestone on schedule, culminating in today’s declaration of commercial production,” said Steve Reid, Executive Vice President and Chief Operating Officer of Goldcorp. “Concentrates from both process lines are now being routinely produced and sold as expected to our smelter partners around the world. As this successful ramp-up continues, our shareholders are well-positioned to reap the benefits in the form of rapidly accelerating cash flows over the next several years.

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June 2011

Peñasquito has a designed processing capacity of 130,000 tonnes per day, consisting of two 50,000 tonne per day capacity sulphide processing lines (Lines 1 and 2) and the 30,000 tonne per day capacity HPGR circuit. Over its 23-year mine life, the operation is expected to produce an annual average of 500,000 ounces of gold, 28 million ounces of silver, 450 million pounds of zinc, and 200 million pounds of lead at net negative by-product cash costs.

From Chuck Jeannes, President & CEO, Goldcorp "At Goldcorp, we are guided by the principle of Sustainable Prosperity. This means that we conduct all aspects of our business for the benefit of our stakeholders – our staff and shareholders, as well as the individuals, families, communities, and regions in which we operate. We seek growth and operational excellence: from our efforts to protect our workers’ health and safety, to our policies and practices of environmental conservation and our investments in enhancing the socio-economic development of local communities."

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Gold Corp Inc. Operating for Excellence

"For 2010, our corporate social responsibility focus was on consolidating our organization-wide framework. Under the leadership of Dina Aloi, our Vice President of Corporate Social Responsibility, we developed and approved new and updated corporate policies for Human Rights and Corporate and Social Responsibility that provide a framework for everyone, in every operation, for better collaboration and more effective management of our community relations." "At Goldcorp, we strive to do more than treat local communities with respect – we treat them as partners in a shared future." "As the youngest senior mining company in Canada, we are proud to take our place among the industry’s leaders in responsible mining practices. This year, the last of our nominated mines, Porcupine and Red Lake in Canada, became certified under the International Cyanide Management Code, a voluntary program which is renowned as the international benchmark for transporting, storing and using cyanide. We are new members of the UN Global Compact, the International Council on Mining and Metals, and the Extractive Industries Transparency Initiative, which supports greater accountability and transparency in payments made by extractive industries."

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“

At Goldcorp, we are guided by the principle of Sustainable Prosperity... We seek growth and operational excellence: from our efforts to protect our workers’ health and safety, to our policies and practices of environmental conservation and our investments in enhancing the socioeconomic development of local communities.

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“

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Chuck Jeannes, President & CEO, Goldcorp

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Larger the worldâ&#x20AC;&#x2122;s most exotic private luxury island on rent June 2011

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than Life

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hat if you could hire 150 acres of unspoiled tropical environment, white sandy beaches and turquoise crystal clear waters and magnificently seductive quarters for a weekend? Well, you can, with Musha Cay, one of the worldâ&#x20AC;&#x2122;s most expensive private islands available for rent, providing extreme relaxation and therapeutic rejuvenation in total isolation from the rest of the world. www.industryleadersmagazine.com

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Larger than Life

Well, you can, with Musha Cay, one of the worldâ&#x20AC;&#x2122;s most expensive private islands available for rent, providing extreme relaxation and therapeutic rejuvenation in total isolation from the rest of the world. Owned by illusionist David Copperfield, Musha Cay in the Bahamas, presents

itself as a super regal, uber exclusive luxury private island that allows you to invite your guests to make the most of the islandâ&#x20AC;&#x2122;s lush green surroundings, a stateof-the-art giant outdoor movie theatre and exquisitely designed customized accommodations in addition to the private beaches.

June 2011

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The World's Most Luxurious Private Island Musha Cay offers every conceivable luxury – from award-winning European chefs, elegant fine dining, indoor and outdoor beachfront bars, massage therapy, beachfront fitness center, freeform lagoonstyle pool, satellite TV, billiard room and a state-ofthe-art business center. The price ? $37,500 per day for upto 12 persons for a 4-night minimum. Steep? Maybe, but most definitely worth the “lapup-the-luxury” experience we say!

The Stay at Musha Cay With a staff of thirty-plus to attend to your every need, guests at Musha Cay have the option to stay in the commanding 10,000 square foot manor house on the cliff, the thatched roof beach house away from sight, or

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Larger than Life one of the two guest villas that hosts two bedroom suites in each, all of which have access to their own private beaches. Designed to cater to their guests every need, Musha Cay offers a variety of dining and socializing venues such as the openair oceanfront dining at the breathtaking

Balinese Beach Pavillion, a cozy beachfront gazebo, bar and heated pool, the legendary 2-mile sandbar called â&#x20AC;&#x153;Heaven on Earthâ&#x20AC;?, and 40 sugar-sand beaches for the ultimate in private picnics, always ensuring the highest levels of privacy and comfort.

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The World's Most Luxurious Private Island

With celebrities like John Travolta, Kelly Preston, Oprah Winfrey, and even some oil sheiks and royalty claiming their desire for Musha Cay, this luxurious isle deserves the reputation it has earned, of being “one-third Blue Lagoon, one-third James Bond and one-third Lifestyles of the Rich and Famous.” www.industryleadersmagazine.com

June 2011

Musha Cay offers every conceivable luxury – from award-winning European chefs, an elegant fine dining room, indoor and outdoor beachfront bars, massage therapy, championship lighted tennis court, beachfront fitness center, freeform lagoon-style pool, satellite TV, billiard room and a state-ofthe-art business center. 117


Larger than Life

With perfect weather – spring and summer temperatures here average a high of 82º and a low of 77º, while fall and winter temperatures average 81º and 70º – the estate hosts a variety of outdoor activities including touring one of the five boats, sail-boating, wind surfing, waterskiing, snorkeling and bone fishing.

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From Melk to the World With celebrities like John Travolta, Kelly Preston, Oprah Winfrey, and even some oil sheiks and royalty claiming their desire for Musha Cay, this luxurious isle deserves the reputation it has earned, of being “one-third Blue Lagoon, one-third James Bond and one-third Lifestyles of the Rich and Famous.”

June 2011

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The World's Most Luxurious Private Island The island was originally owned by Chicago entrepreneur and Miami real estate tycoon, John Melk, who was one of the original partners in Blockbuster Video until its sale to Viacom three years ago for a reported $8 billion dollars. Melk stumbled upon Musha Cay while on a yachting holiday in the southern Bahamas, and while Musha Cay was initially bought as a family retreat, Melk, recognizing the â&#x20AC;&#x153;exclusive vacationâ&#x20AC;? value offered by the island, soon decided to turn it into a luxurious private resort in order to share it with the world.

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June 2011

From a single, rustic residence into a world-class, private resort, Musha Cay has witnessed a long arduous transformation, lasting six years, with 175 full-time workers and massive capital investment. Architect, Howard Holtzman, incorporated the Bahamian colonial-style with traditional island materials to create a truly authentic Caribbean design.


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Manufacturing Las Vegas Antique Jewelery & Watch Show : 02-JUN-11 to 05-JUN11 Venue: Paris Las Vegas Hotel & Casino, Las Vegas, Nevada, USA Manufacturing Surabaya Series : 08-JUN-11 to 11-JUN-11 Venue: Grand City Surabaya Mall & Convex, Surabaya, Jawa Timur, Indonesia Invention & New Product Exposition : 14-JUN-11 to 17-JUN-11 Venue: Monroeville Convention Center, Monroeville, Pennsylvania, USA Innovation Technology Machines : 14-JUN-11 to 17-JUN-11 Venue: Poznan International Fair Grounds, Poznan, Poland Plast-Ex : 21-JUN-11 to 23-JUN-11 Venue: Toronto Congress Centre, Toronto, Ontario, Canada China (Guangzhou) Die Casting Foundary & Industrial Furnace Exhibition : 23-JUN-11 to 25-JUN-11 Venue: China Import & Export Fair Pazhou Complex, Guangzhou, Guangdong, China InterPlas Thailand : 23-JUN-11 to 26-JUN-11 Venue: Bangkok International Trade & Exhibition Centre (BITEC), Bangkok, Krung Thep, Thailand Plasticos : 27-JUN-11 to 30-JUN-11 Venue: Costa Salguero Exhibition Center, Buenos Aires, Argentina Firehouse Expo : 19-JUL-11 to 23-JUL-11 Venue: Baltimore Convention Center, Baltimore, Maryland, USA MachinExpo : 20-JUL-11 to 23-JUL-11 Venue: Bangabandhu International Conference Centre, Dhaka, Bangladesh

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Events & Tradesows

Construction Brico & Habitat Trade Fair : 08-JUN-11 to 09-JUN-11 Venue: Paris Parc Floral De, Paris, Ile-De-France, France Buildexpo Kenya : 11-JUN-11 to 13-JUN-11 Venue: Kenyatta International Conference Centre, Nairobi, Kenya Neocon World Trade Fair : 13-JUN-11 to 15-JUN-11 Venue: Merchandise Mart, Chicago, Illinois, United States Of America Construmat Barcelona : 16-JUN-11 to 21-JUN-11 Venue: Gran Via Exhibition Centre, Barcelona, Spain CIH Conference & Exhibition : 21-JUN-11 to 23-JUN-11 Venue: Harrogate International Centre, Harrogate, U.K Interbuild Egypt : 23-JUN-11 to 27-JUN-11 Venue: Cairo International Convention & Exhibition centre (CICC), Cairo, Al Qahirah, Egypt BuildNZ : 26-JUN-11 to 28-JUN-11 Venue: ASB Showgrounds, Auckland, New Zealand Consense : 29-JUN-11 to 30-JUN-11 Venue: ICS International Congress Center, Stuttgart, Germany Asia Infrastructure : 05-JUL-11 to 07-JUL-11 Venue: Boreno Convention Centre, Kuching, Sarawak, Malaysia Building & Home Improvement Show : 08-JUL-11 to 10-JUL-11 Venue: Adelaide Showground, Adelaide, South Australia, Australia International Building & Construction Industries Exhibition : 26-JUL-11 to 26-JUL-11 Venue: Tehran Permanent Fair Ground, Tehran, Iran

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Food & Beverages Bofas Busan : 02-JUN-11 to 05-JUN-11 Venue: Busan Exhibition & Convention Center, Busan, South Korea CMPE China Food Machinery & Packaging Exhibition Guangzhou : 02-JUN-11 to 04-JUN-11 Venue: China Import & Export Fair Pazhou Complex, Guangzhou, China World Dairy Expo Summit : 11-JUN-11 to 13-JUN-11 Venue: Anhui International Exhibition and Conference Center, Hefei, China Manila Food & Beverage Expo : 15-JUN-11 to 18-JUN-11 Venue: World Trade Center Metro Manila, Manila, Philippines Kenya Food Expo : 22-JUN-11 to 25-JUN-11 Venue: Kenyatta International Conference Centre, Nairobi, Kenya Scotland Speciality Food Show : 26-JUN-11 to 27-JUN-11 Venue: Yorkshire Event Centre, Harrogate, England, United Kingdom Coffee Fest Hawaii : 08-JUL-11 to 10-JUL-11 Venue: Hilton Waikoloa, Hilton, New York, United States Of America Pan Africa Retail Trade Exhibition : 17-JUL-11 to 19-JUL-11 Venue: Gallagher Convention Centre, Midrand, South Africa International Great Beer Expo-Cuddebackville : 23-JUL-11 to 23JUL-11 Venue: Neversink Valley Area Museum, New York, United States Of America FOOD Expo - Amman : 26-JUL-11 to 30-JUL-11 Venue: Zara Expo Amman, Amman, Jordan

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Events & Tradesows

Supply Chain Transport & Logistic-Bulgaria : 01-JUN-11 to 03-JUN-11 Venue: Inter Expo & Congress Center, Sofia, Bulgaria Logistic Link-Live : 22-JUN-11 to 23-JUN-11 Venue: Ricoh Arena, Coventry, England, United Kingdom Seawork : 14-JUN-11 to 16-JUN-11 Venue: ABP - Port of Southampton, Southampton, England, U.K Logistics And Warehousing : 14-JUN-11 to 18-JUN-11 Venue: Crocus Expo International Exhibition Center, Moscow, Russia Korea Railway Fair : 15-JUN-11 to 18-JUN-11 Venue: Busan Exhibition & Convention Center, Busan, Korea Trans Caspian : 16-JUN-11 to 18-JUN-11 Venue: Baku Expo Center, Baku, Azerbaijan Indesec Expo : 20-JUN-11 to 22-JUN-11 Venue: Pragati Maidan, New Delhi, Delhi, India Paris Air Show : 20-JUN-11 to 26-JUN-11 Venue: Le Bourget exhibition centre, Paris, Ile-De-France, France Logistic Link-Live : 22-JUN-11 to 23-JUN-11 Venue: Ricoh Arena, Coventry, England, United Kingdom Imabari Maritime Fair : 19-MAY-11 to 21-MAY-11 Venue: TexPort Imabari, Imabari, Japan International Maritime Defence Show : 29-JUN-11 to 03-JUL-11 Venue: Lenexpo Fairgrounds, St. Petersburg, Russia International Railway industry Exhibition : 05-JUL-11 to 07-JUL-11 Venue: Tehran Olympic Hotel, Tehran, Iran

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Energy Green Manufacturing Expo-New York : 07-JUN-11 to 09-JUN-11 Venue: Jacob K. Javits Convention Center, New York, USA Power Gen Europe : 07-JUN-11 to 09-JUN-11 Venue: Fiera Milano, Milan, Lombardia, Italy Nuclear Power Europe : 07-JUN-11 to 09-JUN-11 Venue: Fiera Milano, Milan, Lombardia, Italy Intersolar Expo : 08-JUN-11 to 10-JUN-11 Venue: New Munich Trade Fair Centre, Munich, Bayern, Germany Solar Taiwan : 14-JUN-11 to 16-JUN-11 Venue: Taipei World Trade Center, Taipei, Taiwan Wind Power Asia : 22-JUN-11 to 24-JUN-11 Venue: China National Convention Center(CNCC), Beijing, China Riau Industrial Expo 2011 : 14-JUL-11 to 16-JUL-11 Venue: Labersa Convention Centre, Purwakarta, Indonesia China International Offshore Oil & Gas Exhibition : 22-JUL-11 to 24-JUL-11 Venue: Shanghai New International Expo Centre, Shanghai, China

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