Bitumen Heating Storage Equipment Asphalt heating storage equipment is an important road construction equipment, mainly used to heat and store asphalt in order to carry out road construction and maintenance when needed. The equipment has the characteristics of high efficiency, safety and environmental protection, and can provide stable asphalt supply for road construction. Bitumen Heating Storage Equipment,Bitumen Tank Container,Gas Thermal Oil Heater,Asphalt Storage Tank Equipment BituRock Science & Technology (Jiangsu) CO., LTD , https://www.biturockplant.com
Under heavy pressure, Peugeot Citroen Group (PSA) is looking for buyers everywhere, and China's second-largest auto group Dongfeng Motor is one of the potential buyers.
Yesterday, Dongfeng Motor insiders confirmed to reporters that the company had initiated preliminary discussions with PSA with the intention of acquiring PSA's 30% stake at RMB 10 billion. However, the person stressed that the current "still in the initial stage" and the future there is uncertainty.
This news was first reported on an investor conference call on September 29. Dongfeng Motor’s relevant person stated in the conference call that the company had hired an investment bank to implement the plan and initially planned to purchase 30% of PSA’s equity at a price of RMB 10 billion. The person said that although the two parties have started discussions, Dongfeng Motors has been more cautious.
A person involved in the meeting told reporters that because PSA has formed a joint venture car company with Changan Automobile (Weibo) in China, Shanghai Automotive's partner General Motors is the second largest shareholder of PSA, and Dongfeng Motor is worried about the acquisition. Later will face complex domestic company relations.
However, the conference call of the Middle East Auto Group emphasized that for the purpose of protecting the profits of its joint venture company, Shenlong Motors and the Hong Kong listed company (Dongfeng Group, 00489.HK), the company still hopes that PSA will be “more stable†and “does not want joint ventures. get into trouble". Taking this into consideration, Dongfeng Motor is still actively studying this transaction.
PSA is the second largest automotive group in Europe and has been hit by the European debt crisis. PSA's 2012 financial report shows that the group's sales in 2012 were 55.446 billion euros, a decrease of 5.2% from the previous year; the net loss was 5.01 billion euros. In the past three years, PSA's global sales have been declining year by year, cumulatively reducing by approximately 17.5%.
The most pressing problem with the current PSA is the exhaustion of cash. At present, the Peugeot Citroën Group has lost an average of 7 million euros per day. As of the end of 2012, it has run out of cash reserves, total net debt is about 3 billion euros, and it is estimated that it will consume 1.5 billion euros in 2014. Since 2012, PSA has sold assets worth a total of 1.5 billion euros, including property and subsidiaries, and plans to close the Onai plant in France in 2014 and abolish 11,200 jobs in France.
"Dongfeng Motor must consider the risk, because PSA's stock price has begun to rebound, 30% of the equity to 10 billion yuan, from the valuation is not worthwhile." The above-mentioned participants said.
In March 2012, PSA issued new shares valued at 1 billion euros. It transferred 7% of its shares to 8.27 euros and a total price of 320 million euros to GM, which became the second largest shareholder of PSA. In the following year, PSA's share price dropped by 50%, and in February this year, the value of PSA shares held by General Motors depreciated by 212 million euros. However, since April of this year, PSA shares have risen by the lowest point of 5.35 euros/share. As of the most recent trading day, PSA's share price was 12.41 euros/share.
Although the PSA's global performance has fallen sharply, the performance of the Chinese market has never been better. In the first half of this year, PSA's joint venture company in China, Shenlong Motors, sold a total of 276,900 vehicles, an increase of 32.7% year-on-year; and realized sales revenue of 30.7 billion yuan, a year-on-year increase of 43%. From May of this year, China became the largest single market for PSA in the world. .
Asphalt heating storage equipment is mainly composed of heating device, storage tank and control system. The heating unit uses oil or gas burners to transfer heat to the asphalt to heat it to the proper temperature. Storage tanks are large containers used to store heated asphalt, generally made of high-temperature resistant materials. The control system is responsible for monitoring the operating status of the equipment and the temperature of the asphalt to ensure the safe and stable operation of the equipment.
The heating principle of asphalt heating storage equipment is to transfer heat to asphalt through thermal conduction, so that it is heated. Heating devices are generally divided into direct heating and indirect heating in two ways. Direct heating is the use of the burner directly into the storage tank, hot air through the contact of hot air with the asphalt to heat it. Indirect heating is the use of heat exchangers to heat the asphalt in the storage tank without direct contact with the air. The two heating methods have advantages and disadvantages, and need to be selected according to the actual situation.
Asphalt heating storage equipment heating speed, can quickly heat asphalt to the use of temperature, improve production efficiency. At the same time, the equipment also has environmental protection characteristics, reducing exhaust gas and smoke emissions, reducing the impact on the environment. In addition, the operation of asphalt heating storage equipment is simple and easy to maintain, which can meet the needs of various road construction and maintenance projects.
In short, asphalt heating storage equipment is an important road construction equipment, with high efficiency, safety, environmental protection and other characteristics. It can provide a stable supply of asphalt for road construction, improve construction efficiency, reduce the impact on the environment and waste of resources. The equipment has a wide application prospect in the field of road construction.