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wind power will play an integral role. Wind power equipment must have over 70% local
content and this has major players scrambling to establish a foothold in the country. LM
Glasfiber has recently concluded a long-term supply agreement with the Chinese joint
venture Acciona Windpower. The agreement is for an aggregate of 560 MW. GE wind
turbines built in Germany have been selected for two new wind farms in Hebei and
Xinjiang provinces of China. The two projects will add a total of 75 MW of wind power
capacity to China’s electricity grid. China holds the largest wind resource of any country
in the world with a potential wind power capacity of 250 gigawatts onshore and 750
gigawatts offshore. And, don’t expect to hear complaints from homeowners about view
obscuration, noise pollution or bird kills in China.
Distribution of energy across China’s vast country is also a growth industry that
Composite Technology Corporation (CTC) plans to capitalize on. They manufacture
high voltage transmission cables that utilize a composite core instead of steel. Their
proprietary Aluminum Composite Core Conductor increases energy capacity; reduces
cable sag; eliminates bi-metallic corrosion issues and increases pole span distance. An
initial order is valued at just over $1 million for 60 kilometers of cable but CTC expects
rapid growth now that they have mastered the challenges associated with exporting to
China and working with local authorities.
As if these examples of opportunities in China do not provide enough of a wake-up call,
consider the surge of raw materials being produced there for export. I don’t think a week
goes by where I don’t receive an E-mail offering E-glass in various architectures. I’m
almost afraid to ask for pricing information.
India
India is the other “sleeping giant” marketplace with a population that is expected to
exceed that of China in the near future. Like China, India has a majority rural population
that is not benefiting from global trade as are their urban technology centers. Although
India’s government is not as aggressive as China’s with regard to pursuing economic
objectives, they do have an English speaking population and honor intellectual property
rights better than their neighbor to the East.
Joseph Vackayil of www.financialexpress.com quotes NG Nair, former head of
Composites Technology Centre, IIT-Madras: “India has already constructed a substantial
technological base for the FRP industry. We have trained manpower and technical
capability to make process machinery and harness the technology.” India is using
composite materials in a myriad array of applications, including aerospace, road and train
transport, housing, pipes, construction of bridges and water purification plants, sewage
disposal, chemical plants, electrical installations, wind turbine blades, marine vessels,
automobiles and in building applications. However, Mr. Nair notes that output of
composite structures is still only 15% of China and 5% of the U.S. There’s a lot of upside
potential here.
Owens Corning is one company poised to take advantage of this emerging market. They
recently added a second fiberglass knitting line at their Taloja, Mumbai plant to support
multi-axial glass production. Satish Kulkarni, Managing Director for Owens Corning
India Ltd. notes that “These highly technical fabrics are used in several key industries but
especially for the wind energy market to supply growing demand in India and
surrounding regions for continued growth of renewable energy sources such as wind
power.” Owens Corning’s interest in India goes beyond wind energy. Owens Corning
Composites Business President Chuck Dana summarizes the potential for composites in
developing countries when he says “Increasingly, composites solutions are helping
transform the lives of people, in India and around the world, by offering environmentallyfriendly
cost-effective solutions to some of the basic necessities such as providing clean
drinking water and electricity.”
Owens Corning is not without competition in India. The Saertex Group has opened a
new plant in India to manufacture multiaxial interlaid scrim made of high-tech fibers in
Pune, 150 kilometers southeast of Bombay. The India facility is mainly intended to serve
the Asian wind power, automobile and shipbuilding industries. Saertex is well situated to
serve the wind turbine blade market, as Suzlon Energy, the country’s largest wind energy
company is also based in Pune. Suzlon also has their share of competition with Vestas
RRB India, Ltd. investing heavily in their Chennai facility to ramp up production.
　
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