Posts tagged ‘Comac’

04/11/2015

Prepare for Takeoff: China Rolls Out First Large Passenger Jet – China Real Time Report – WSJ

China’s first large passenger jet rolled off the assembly line on Monday after years of delays, bringing Beijing’s dream of developing a rival to Boeing Co. and Airbus Group SE closer to reality.

As WSJ’s Chun Han Wong reports: Still, the single-aisle C919 airliner won’t be delivered to airlines for at least another three years, highlighting the difficulties

China has faced in becoming a global player in aviation. Developed by the state-run Commercial Aircraft Corp. of China Ltd. (Comac), the twin-engine jet was initially set for its first flight in 2014, ahead of commercial deliveries starting in 2016. Production setbacks forced Comac to extend its deadlines repeatedly. Company executives say flight testing should start next year, with deliveries expected in 2018 or 2019 at the earliest.

Thousands of guests, including government officials and aerospace executives, witnessed the C919’s rollout at an assembly plant near Shanghai’s Pudong International Airport, according to Chinese state media.

Source: Prepare for Takeoff: China Rolls Out First Large Passenger Jet – China Real Time Report – WSJ

21/10/2015

Powering Down: Chinese Electricity Demand Stalls Amid Slowing Growth – China Real Time Report – WSJ

A slowing economy means keeping the lights on in China is getting a whole lot easier.

The China Electricity Council, a state-backed industry group, is trimming its estimate of just how much power the country needs, after weak third-quarter economic data on Monday reinforced fears about a slowdown of China’s economy. The official Xinhua News Agency on Tuesday quoted Ouyang Changyu, deputy secretary general of the China Electricity Council, as saying the group had revised down its full-year electricity-demand estimate to 1% growth this year, from 2% previously. As recently as 2011, electricity demand had grown by 12% annually.

The revised estimate reflects both a slowdown in China’s overall growth rate—which is struggling to hit the government’s target of about 7% this year—as well as important changes in the type of growth China is experiencing. The government wants to make the country less reliant on the energy-intensive sectors that propelled growth for four decades and instead shift toward cleaner and higher-paying industries and companies, ranging from financial services to web-based startups. In the first nine months of 2015, electricity demand has grown by .8%, down from 3.9% growth in the same period last year.

Electricity demand that is falling far faster than the government’s GDP data is among the reasons economists and investors are skeptical over the accuracy of official growth figures. The government said Monday GDP rose 6.9% in the first quarter. Chinese Premier Li Keqiang said in 2007 – back when he was a more junior official — that he relied on electricity data among other hard figures to get a truer picture of the country’s economic health.

Beyond electricity, other reasons for skepticism over the data include the decline of both imports and exports during the third quarter, weaker-than-expected industrial production and decelerating fixed-asset investment.

The ramifications of China’s slowing demand for electricity are global, and could contribute to weaker bottom lines at big companies such as coal and natural gas producers. Hong Kong-listed coal giant China Shenhua Energy Co. said its coal sales had plummeted by nearly one-fifth this year. The company is exporting far more coal this year than it’s importing — a sharp turnabout from 2014, when it imported four times as much coal as it exported.

The decline in electricity demand growth could also further weigh on natural gas—a cleaner alternative to coal in electricity production—which has suffered from stagnant demand this year.

Source: Powering Down: Chinese Electricity Demand Stalls Amid Slowing Growth – China Real Time Report – WSJ

03/12/2014

Under Pressure: The 10-Story Machine China Hopes Will Boost Its Aviation Industry. – China Real Time Report – WSJ

The engineers started closing the rollerdoor the moment they saw a foreigner walking toward them.

Standing around laughing in blue overalls and yellow hard hats, they went quiet the moment I started walking up the drive. I asked if I could take a peek behind the door. They said it was a secret.

Still, I managed to catch a glimpse of two floors’ worth of the 10-story-tall machine Beijing hopes will play a major role in driving China’s aviation and aerospace industries: an 80,000-ton closed-die hydraulic press forge.

Repeated requests for a tour of the forge were declined. Both Zhang Jian, the head of propaganda at Erzhong Group, the company that built and operates the forge, and Wang Yu, the secretary of the board of directors of Erzhong’s Shanghai-listed unit, said that the forge is “confidential.”

It’s not immediately clear what about the machine – which is painted green with Erzhong Group printed across it in red Chinese characters – is so secret.

The machine is the biggest of its kind in the world. The biggest forge in the U.S. can exert only 50,000 tons of pressure, and is operated by Alcoa AA +0.93% in Ohio. France has a 65,000-ton machine, and Russia has a machine capable of exerting 75,000 tons of pressure.

But the technology China is using is nothing new. It is based on modifications of Russian designs from the 80s, according to a person involved in the development process.

More sensitive is was China can potentially do with it.

Press forging involves shaping a piece of metal under high pressure by squeezing it into a mold. That alters the flow of the metal’s grain – its internal structure – allowing engineers to create stronger and lighter components than would be possible by just beating them into shape or welding them together. Greater pressure results in stronger components.

The Erzhong forge can exert up to 80,000 tons of downward pressure using five columns. Flipped upside down, it could lift China’s Liaoning aircraft carrier, with room to spare for a handful of submarines. Airbus is using the Russian forge to make landing gear components for the A380, the world’s biggest passenger plane. Having the world’s biggest forge should allow China to produce large components of higher strength than possible elsewhere.

The technology was pioneered during WWII by Germany, which didn’t have a sufficient supply of steel and so had to mold its air force out of more brittle, but lighter metals, according to Tim Heffernan, a writer who has researched the U.S. forge program. The end of the war brought the start of the jet age, and the U.S. government provided support for the building of forges around the country, so that the country was able to produce light planes that were sufficiently strong to withstand supersonic speeds.

Alcoa’s forge has been producing parts for Boeing and Airbus for decades. The company says it supplies almost all forged wheel and brake components for U.S. military aircraft and helicopters, including the F-35 Joint Strike Fighter, the U.S. military’s newest fighter jet.

Erzhong hasn’t explicitly said what the forge will be used for, but academics involved in its development process said there are potential military applications.

The first component produced by the forge at its official launch in April last year was the landing gear for the C919,  China’s long-awaited and much behind schedule narrow-bodied passenger aircraft being built by the Commercial Aircraft Company of China.

via Under Pressure: The 10-Story Machine China Hopes Will Boost Its Aviation Industry. – China Real Time Report – WSJ.

11/11/2014

COMAC signs deal for 30 C919 jets with China Merchants Bank: source | Reuters

Chinese state-owned plane maker Commercial Aircraft Corp of China (COMAC) has signed an initial agreement to sell 30 of its C919 single-aisle commercial jets to the financial leasing arm of China Merchants Bank (600036.SS), a person with direct knowledge of the deal told Reuters on Tuesday.

The nose of China's home-grown airliner C919 is unveiled in Chengdu, Sichuan province, July 31, 2014.  REUTERS/China Daily

The order, sealed at China’s premier air industry trade show in Zhuhai, lifts COMAC’s order book for the C919 to 430, mostly from domestic companies. Still in development, the C919 will be the first Chinese-built jet of its type, targeted at eventually competing with Boeing Co (BA.N) and Airbus Group NV (AIR.PA).

Financial terms of the order weren’t disclosed.

via COMAC signs deal for 30 C919 jets with China Merchants Bank: source | Reuters.

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