30 Jun. Some of the fears among insiders could be mitigated if WoodMac management is able to retain their sizable position yet again in this flip or take broader roles running Platts , but that may not be attractive for McGraw-Hill or it might be a deal killer at the speculated price. U.S. oil prices log highest finish since 2019 as OPEC+ agrees to extend production curbs. The rivalry between CERA and WoodMac significantly raises the integration risk. The NASDAQ closed on higher volume accumulation as it finished with a... Could China be sending an important message to stocks around the world? But whichever firm wins the auction there are a lot of questions about what this means for WoodMac and its competitors. The oil industry’s balance sheet has been shot to pieces in … Very possible. Commenting on Chevron’s US$50 billion cash-and-stock acquisition of Anadarko, Roy Martin, Wood Mackenzie’s senior corporate analyst, said “This is the biggest upstream deal since Shell … Wood Mackenzie estimates that every US$10 drop in oil prices translates into a US$40 billion reduction on cash flow for oil companies. Per a Wood Mackenzie report, Southeast Asia’s cumulative solar PV capacity is expected to reach 12.6 GW by the end of 2020, which is further forecast to grow to 35.8 GW by 2024. ... postponing the price recovery for a future stock price boost. In 2012, while doing a teaching stint at the University of Tokyo, he was approached by Sanyo Chemical Industries Ltd., known for its superabsorbent materials used in diapers. This comment has already been saved in your, S&P 500, Dow advance as stimulus bill gets Senate nod, Gold: Hunt Continues for Bottom in $1,600 Territory, Senate Passes Stimulus Bill, China Slumps, Attack on Saudi - What's up in Markets, 3 Stocks To Watch In The Coming Week: Tesla, Oracle, JD.Com, Week Ahead: Yields To Surge On $1.9T Stimulus, Lifting Stock Volatility, USD, 1 Stock To Buy, 1 Stock To Dump When Markets Open: Roblox, Zoom Video, Vanguard Total Bond Market II Index Fund Investor, PIMCO Commodity Real Return Strategy Institutional, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06. This acquisition could also be seen as too safe by McGraw-Hill investors if they perceive the capital invested in WoodMac could have produced much higher returns from other deals that better leverage new technology or extend the scope of McGraw-Hill’s business lines into new markets. Distress in energy and natural resources. The... We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Wood Mackenzie Lens® ... We addressed some of the most frequently asked questions about the oil price crash and what it meant for the energy sector. Economic Events and content by followed authors, www.investing.com/analysis/wood-mackenzie-acquisition:-who-and-at-what-price-125992. Dark Horse or Disruptive Change Plays   WoodMac represents one of the few good opportunities for a new entrant in the energy vertical to stake a claim to market leadership in one deal. We expect European and Asian prices … On the other hand, WoodMac may significantly strengthen MHP’s position in Europe and Asia and in the oil and gas space, but WoodMac has been under invested in North America and electric power. ET. Please wait a minute before you try to comment again. “Our goal is to make it more like steel production.”The making of a cell, every battery’s basic unit, is a complicated process requiring cleanroom conditions -- with airlocks to control moisture, constant air filtering and exacting precision to prevent contamination of highly reactive materials. Wood Mackenzie releases oil market outlook. Are you sure you want to block %USER_NAME%? Demand for copper is on track to even outpace lithium. APB’s battery avoids such cataclysmic conditions by using a so-called bipolar design, doing away with present-day power bottlenecks and allowing the entire surface of the battery to absorb surges.“Because of the many incidents, safety has been at the top of mind in the industry,” said Mitalee Gupta, senior analyst for energy storage at Wood Mackenzie. Wood Mackenzie … Rebuilding the sector’s financial strength. An acquisition of WoodMac by IHS would be a civil war since the Cambridge Energy Research Associates (CERA) natural gas team defected to WoodMac in a weak period for the firm before CERA was acquired by IHS. JKS stock, SPWR stock, and DQ stock should benefit from multiple positive trends. Opening Bell: Tech Rout Resumes Amid Inflation Fears; Oil, Dollar Jump. Importantly, the resin-based batteries are also resistant to catching fire when punctured.In March, APB raised 8 billion yen ($74 million), which is tiny by the wider industry’s standards but will be enough to fully equip one factory for mass production slated to start next year. any of each other's Investing.com's posts. This Advanced Technologies Center is CSP’s second R&D facility in the city. CERA’s power team is policy focused rather than transactional. Horie estimates the funds will get his plant in central Japan to 1 gigawatt-hour capacity by 2023.Lithium-ion batteries have come a long way since they were first commercialized almost three decades ago. “Battery makers have become assemblers. Reply Like (26) TH8ADK. Wood Mackenzie cuts iron ore price outlook. This chart looks at the Shanghai Composite on a monthly basis since the early 2000s. The price collapse could trigger deep industry restructuring rivaling that of the 1990s, with drilling projects cancelled and exploration reduced, said Wood MacKenzie, a global energy research firm. Polymers are not as conductive as metal and this could significantly impact the battery’s carrying capacity, according to Menahem Anderman, president of California-based Total Battery Consulting Inc. One drawback of the bipolar design is that cells are connected back-to-back in a series, making control of individual ones difficult, Anderman said. All Rights Reserved, This article has already been saved in your, Avoid profanity, slander or personal attacks. By. By doing so, you and %USER_NAME% will not be able to see The U.S. alone -- which together with China will be the main source of increased energy storage demand -- is likely to see a 10-fold increase to $7 billion in the period.Horie, 63, got his start with lithium-ion batteries at their very beginning. Wood Mackenzie Acquisition: Who And At What Price? Sign up to create alerts for Instruments, But safety remains an issue and batteries have been the cause of fires in everything from Tesla Inc.’s cars to Boeing Co.’s Dreamliner jets and Samsung Electronics Co.’s smartphones.“Just from the standpoint of physics, the lithium-ion battery is the best heater humanity has ever created,” Horie said.In a traditional battery, a puncture can create a surge measuring hundreds of amperes, several times the current of electricity delivered to an average home. The setup can be so expensive that a handful of top players like South Korea’s LG Chem Ltd., China’s CATL and Japan’s Panasonic Corp. spend billions of dollars to build a suitable factory.Horie’s innovation is to replace the battery’s basic components -- metal-lined electrodes and liquid electrolytes -- with a resin construction. LONDON, Sept. 24, 2018 /PRNewswire/ -- More than a half trillion dollars has been invested in … Odds of the deal closing? After a 28-minute presentation, a visibly excited Ghosn proclaimed Horie’s work an important investment and green-lit the project. Wood Mac is being flipped by Charterhouse Capital Partners which acquired it in 2009 for 520 million pounds in a fire sale. While demand remains strong for mega cap... Bulls made a decent intraday recovery on Friday, to close near highs, offering a launch point for this week. Company profile page for Wood Mackenzie Ltd including stock price, company news, press releases, executives, board members, and contact information Wood Mackenzie believes a key uncertainty that will weigh on prices is the extent to which steel intensive infrastructure investment can offset slower growth in other sectors. Temperatures can then shoot up to 700 degrees Celsius. © 2021 Verizon Media. Current prices in Europe and Asia are US$5.4/mmbtu and US$6.90/mmbtu respectively. Save up to 40% Upgrade now . Horie had one shot at convincing his new boss Carlos Ghosn that electric vehicles were worth it. All rights reserved. He also questioned whether the cost savings will be sufficient to compete with the incumbents.“Capital is not killing the cost of a lithium-ion battery,” Anderman said. IHS. Ami Shivkar, principal analyst for aluminum markets at Wood Mackenzie, told the Investing News Network that the market and price trajectory for the metal were split into two halves in 2020. Wood Mackenzie projects that the growing demand for renewable energy and transport electrification will require as much as $1 trillion in … However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion. Upgrade your Investing.com experience. Breaking News. CERA traditionally has shunned quantitative analysis of energy market fundamentals thus is seen as weak. Your ability to comment is currently suspended due to negative user reports. 3 Dividend Stocks That Keep Boosting Their... Indices Find Support On Bullish 'Hammers', China Creates BackTo-Back Bearish Patterns At 6-Year Resistance, Direxion Daily Junior Gold Miners Bull 2X Shares. For price, Woodmac estimates average annual copper prices will be supported at around US$4,850 per tonne over the remainder of the year. Among these are the increased price … Are you sure you want to delete this chart? Continental Structural Plastics (CSP), along with its parent company Teijin, today unveiled an innovative honeycomb Class A panel technology and an advanced, multi-material EV battery enclosure that can be molded in any number of CSP’s proprietary composite formulations. As a result, S&P Global Platts now predicts oil majors … Strong in oil and gas, strong in Europe, known in the US with the potential to fill the vacuum being left by the exit or scaling back of market leaders Ventyx, Navigant and RW Beck. They last longer, pack more power and cost 85% less than they did 10 years ago, serving as the quiet workhorse driving the growth of smartphones and tablets with ever more powerful internals. Wood Mackenzie, also known as WoodMac is a global energy, chemicals, renewables, metals and mining research and consultancy group supplying data, written analysis and consultancy advice. The challenge will be who eats whom? 50/50. Bloomberg reported rumors that McGraw-Hill (MHP) had out bid it and others at 1.1 billion pounds ($1.7 billion) for energy consultant and advisory service provider Wood Mackenzie. Please note that all comments are pending until approved by our moderators. Wood Mackenzie cuts iron ore price outlook. Company profile page for Wood Mackenzie Group Ltd including stock price, company news, press releases, executives, board members, and contact information “Lithium-ion with liquid electrolyte will remain the main application for another 15 years or more. Since you’ve just unblocked this person, you must wait 48 hours before renewing the block. By 2050, electric vehicle (EV) sales each year will clock in at 62 million units, and the total global EV fleet will be 700 million, according to Wood Mackenzie. Earlier this year the company received backing from a group of Japanese firms that includes general contractor Obayashi Corp., industrial equipment manufacturer Yokogawa Electric Corp. and carbon fiber maker Teijin Ltd.“The problem with making lithium batteries now is that it’s device manufacturing like semiconductors,” Horie said in an interview. US LNG volumes ramp up in the next few years, competing in an increasingly oversupplied LNG market. I … ET First Published: March 4, 2021 at 8:30 a.m. Platts is primarily a data company and WoodMac has plenty of oil and gas data to add to the collection. MHP is no stranger to the energy information space as the corporate parent for Platts and previous owner of DRI-McGraw Hill which was sold off and then merged with its arch rival Warton Econometrics (WEFA) to form Global Insight which was itself acquired by IHS in 2008. © 2007-2021 Fusion Media Limited. There is a lot of overlap in the oil and gas space which will require sorting out. Your status will be reviewed by our moderators. An MHP acquisition of WoodMac would be seen as good news by WoodMac competitors. Odds of integration failure:  70/30. We are putting chemistry back into the lead role.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. BJ's Wholesale (BJ) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes. Last Updated: March 4, 2021 at 3:04 p.m. WoodMac lacks bench strength to dominate the North American power market advisory services sector but it is stronger in power than CERA with extremely solid power market quantitative analytics skills. (Bloomberg) -- Lithium-ion batteries play a central role in the world of technology, powering everything from smartphones to smart cars, and one of the people who helped commercialize them says he has a way to cut mass production costs by 90% and significantly improve their safety.Hideaki Horie, formerly of Nissan Motor Co., founded Tokyo-based APB Corp. in 2018 to make “all-polymer batteries” -- hence the company name. It may therefore take some time before it appears on our website. In 2015, the … Even before OPEC+ agreed to roll over its current production cuts, with the exception of Russia and Kazakhstan who will be allowed small increases, Wood Mackenzie was forecasting global stock … Want to Retire Rich? Find the latest TEIJIN LTD (TINLY) stock quote, history, news and other vital information to help you with your stock trading and investing. A few weeks later, Sony Corp. shocked the industry, which was betting on nickel-hydride technology, by announcing plans to commercialize a lithium-ion alternative. Energy consultancy Wood Mackenzie reveals the result of its renewables acquisitions. Helping … McGraw-Hill. The Bloomberg story says WoodMac is a good fit with Platts. 2020, 11:58 AM. “This could be a breakthrough for both storage and electric vehicle applications, provided that the company is able to scale up pretty quickly.”But the technology is not without its shortcomings. Instead of targeting the “red ocean” of the automotive sector, APB will first focus on stationary batteries used in buildings, offices and power plants.That market will be worth $100 billion by 2025 worldwide, more than five times its size last year, according to estimates by Wood Mackenzie. Together, the two developed the world’s first battery using a conductive gel polymer. Discover new investment ideas by accessing unbiased, in-depth investment research, Other OTC - Other OTC Delayed Price. Odds of a deal:  25/75? Other suitors in the auction according to the Bloomberg story include IHS, Thomson Reuters (TRI) and Bloomberg itself but perhaps not all love it THAT much to outbid McGraw-Hill. In 2018, Horie founded APB and Sanyo Chemical became one of his early investors.APB has already lined up its first customer, a large Japanese company whose niche and high-value-added products sell mostly overseas, Horie said. He declined to give further details and said APB plans to make the announcement as early as August.“This will be the proof that our batteries can be mass-produced,” Horie said. They will see one to two years of integration distraction and a high likelihood that WoodMac  will be fully digested by the Platts meat grinder. Odds of integration failure: 85/15? Horie says he immediately saw the promise and pushed for the two companies to combine research efforts that same year.By 2000, however, Nissan was giving up on its battery business, having just been rescued by Renault SA. Thanks for your comment. Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key … Ad-Free Version. Currency in USD, Trade prices are not sourced from all markets. The U.N.’s International Maritime Organization (IMO) is set to formally adopt energy efficiency regulations in June that aim to reduce the carbon footprint of new and existing ships by 40% … It’s not perfect and it isn’t cheap, but beyond lithium-ion is a better lithium ion.”Horie acknowledges that APB can’t compete with battery giants who are already benefiting from economies of scale after investing billions. Nissan’s Leaf would go on to become the best-selling EV for a decade.Horie came up with the idea for the all-polymer battery while still at Nissan but wasn’t able to get institutional backing to make it real. Bloomberg reported rumors that McGraw-Hill (MHP) had out bid it and others at 1.1 billion pounds ($1.7 billion) for energy consultant and advisory service provider Wood Mackenzie. But who and at what price? But many are now wondering what to do now. But McGraw-Hill is primarily a publisher and seller of financial data products and has historically not been seen as a consultant nor has it favored one time revenue services so an acquisition risks flight of WoodMac talent and doubt about McGraw-Hill’s strategy. These component technologies were developed at the company’s new Advanced Technologies Center located on Harmon Road in Auburn Hills, Michigan. U.S. oil prices log highest finish since 2019 as OPEC+ agrees to extend production curbs ... vice president of macro oils at Wood Mackenzie. Senate Passes Stimulus Bill, China Slumps, Attack on Saudi - What's up... Dow Hits Record High on Swashbuckling Stimulus-Led Rally in Cyclicals, World shares ease as yields and oil ring inflation alarm. Last week, Wood Mackenize issued a report forecasting the growth of global energy storage capacity.The report estimates that storage capacity could grow to 741 GWh of cumulative capacity by 2030; an annual growth rate of 31%. The biggest risk for MHP is overpaying for WoodMac. In February 1990, early on in his Nissan career, he started the automaker’s nascent research into electric and hybrid vehicles. All of this is speculation at this stage and the story itself could be part of the dance to tease out a better bid or give the apparent high bidder ‘buyers remorse’ depending upon the market reaction to the bid price. Prices were trading at US$4,754 on Wednesday (March 25). Find the latest POLYUS PJSC (PLZL.ME) stock quote, history, news and other vital information to help you with your stock trading and investing. Follow. For investors who have most of their savings tied to growth stocks, 2020 was a banner year. Replace the attached chart with a new chart ? This could end up being déjà vu all over again for McGraw-Hill since it previously built up Platts then let it atrophy in the face of competition from Global Energy Decisions now part of IHS. %USER_NAME% was successfully added to your Block List. I'd say the Wood Mackenzie analyst is suffering from hyperbole syndrome. By Devika Krishna Kumar and Laila Kearney NEW YORK: Shale oil producers in the southern United States could take at least two weeks to restart the more than 2 million barrels per day … He says this approach dramatically simplifies and speeds up manufacturing, making it as easy as “buttering toast.” It allows for 10-meter-long battery sheets that can be stacked on top of each other “like seat cushions” to increase capacity, he said.