Ceramic Brass
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 HARLEY DAVIDSON MOTORCYCLE HOME DECOR CERAMIC BRASS CABINET DOOR PULL $3.97 Time Remaining: 10d 4h 50m Buy It Now for only: $3.97 |
 Lot of 60 Vintage Cabinet Door Knobs Beige Ceramic Porcelain Brass Metal $9.99 (2 Bids) Time Remaining: 8h 5m |
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 BRASS WHITE CERAMIC DRAWER PULLS HANDLES 25 Handles $19.95 Time Remaining: 11h 46m Buy It Now for only: $25.00 |
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 CABINET KNOB PULLS BRASS CERAMIC LOT 1 $4.99 Time Remaining: 2d 2h 36m Buy It Now for only: $7.99 |
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 WHITE CERAMIC BRASS KNOB HANDLE for CABINET DRAWER $1.00 Time Remaining: 15d 5h 56m Buy It Now for only: $1.00 |
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Amerock Allison Value Ceramic Cabinet Knobs 217 232 13211921 879 and 69228 $1.25 Time Remaining: 3d 7h 25m Buy It Now for only: $1.25 |
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 Pink Rose CERAMIC Brass Base CABINET Drawer Pull KNOB $2.67 Time Remaining: 13d 10h 20m Buy It Now for only: $2.67 |
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 Traditions Black Ceramic with Brass Finding 1 1 2 Ultra 41427 Cabinet Knob Pull $1.35 Time Remaining: 28d 10h 15m Buy It Now for only: $1.35 |
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 PUG PUPPY DOG HOME DECOR CERAMIC BRASS DRAWER CABINET PULL $3.97 Time Remaining: 10d 4h 52m Buy It Now for only: $3.97 |
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 NEW BRASS OATMEAL CERAMIC BELWITH DOOR KNOB P222 OM $1.00 Time Remaining: 3d 9h 19m Buy It Now for only: $1.00 |
 Brass Cabinet Pulls with Ceramic Insert $25.00 Time Remaining: 6h 25m |
 Amerock Allison Value Ceramic and Brass Handles and Knobs 69128 69129 244 245 $1.35 Time Remaining: 4d 14h 40m Buy It Now for only: $1.35 |
 VTG 18 White Ceramic w Blue Toile Floral Brass Cabinet Drawer Pull Handles GUC $25.00 Time Remaining: 7h 23m Buy It Now for only: $35.00 |
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Amerock Allison Value Ceramic and Brass Handles and Knobs 69128 69129 244 245 $2.15 Time Remaining: 4d 14h 40m Buy It Now for only: $2.15 |
 Heavy Medallion Knob White ceramic brass rosette 2 1 4 diameter 8 retail NEW $0.99 Time Remaining: 2d 7h 59m Buy It Now for only: $3.99 |
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Amerock Allison Value Ceramic and Brass Handles and Knobs 69128 69129 244 245 $2.35 Time Remaining: 4d 14h 40m Buy It Now for only: $2.35 |
 6 qty Liberty Hdwr 125 Brass Round Ceramic Insert Knobs 69161 P50162V PBW C7 $7.99 Time Remaining: 2d 14m Buy It Now for only: $8.99 |
 HARLEY DAVIDSON MOTORCYCLE HOME DECOR CERAMIC BRASS DRAWER CABINET PULL $3.97 Time Remaining: 10d 4h 52m Buy It Now for only: $3.97 |
 19 kitchen furniture handle pulls ceramic and brass used $4.99 Time Remaining: 5d 12h 28m |
SA's Largest Manufacturer Of Wall And Flooring Tiles, Ceramic Industries, Is Delaying Its Decision To Invest R500 Million Into A New Tile Factory Till It Is Able To Convert Its Old Order Mining Rights To New Order Rights.
SA's largest manufacturer of wall and flooring tiles, Ceramic Industries, is delaying its decision to invest R500 million into a new tile factory till it is able to convert its old order mining rights to new order rights.This manufacturer has export in some Europe's nations like Bosnia and Herzegovina,mostly ceramic tiles or in Bosnian keramicke plocice.
The mining rights are for clay, a vital raw material in the manufacture of tiles, but by itself, a questionable commodity that generates little interest among miners. The company applied to convert the rights in 2008.
Without a secured supply of a necessary raw material the company can't commit to an investment of that scale, announces CEO Nick Booth.
Ceramic Industries reported lower than predicted profitability in its results to July. Higher electrical power and gas costs, increasing costs of commodities like zirconium and borax which are used in the production of glazes, and competition from cheap imports were cited as reasons for the poor earnings.
Group cash decreased 3,4% to R1,5 bill from R1,6 billion in the year under review. But profits fell 23% to R192 million from R250m last year. Headline revenues per share fell 30,6% to 785,3c from one 131,3c per share.
Making tiles is an energy comprehensive business, and the spiraling cost of electricity, and more especially gas, is making itself felt. "The energy cost per unit (m) has risen from R1,50 20 months ago, to R3,60 currently." The cost of commodities used in the making of tile and ceramic glazes rose by twenty p.c. to 25% during the past year.
Nevertheless other costs,eg upkeep and labour, came in at less than inflation. The company is in talks with unions regarding salary increases. The cut off point is October and Booth is hopeful that deadlock can be evaded. Though results were down overall, there were pockets of success within the group, which operates four tile factories, a sanitaryware factory and a bath factory in SA ; and a glazed porcelain factory in Australia.
Maybe most surprising was the factory that competes most with low cost Chinese imports fared the absolute best. Pegasus, which produces tiles that sell in the R40m price range increased both production and sales volume, growing turnover by 4%. "We run a very competitive operation," claims Booth. "Our factories are world class and we can vie with the Chinese."
The year saw the company invest R130 million on gear upgrades and leading edge technology. "This is generally on high definition printers for our glazes. We intend to roll the technology into all of our factories," Booth announces.
Exports to Africa grew by twenty p.c. during the past year, also helping to drive income in the Pegasus business. "We are exporting to all of our neighbours, with good growth coming from Mozambique and Zimbab- we ; as well as further afield in Angola and the DRC. This side of the business is so promising that the company is examining the chance of building a factory in one of its export markets."
It was in the upper levels that Ceramic suffered the result of Chinese imports. Vitro, the factory that produces upmarket flooring tiles (upwards of R60m)
"We produce tiles made of red clay the type sometimes mined in SA. But the trend is towards white based porcelain tiles. These are imported and are becoming more and more popular. There is no technical difference, and once tiles are colored and glaz- ed, there is not any tangible difference eit- her. The difference is perception.
In other divisions the company scored a few own-goals. Samca, which produces floor tiling (R50m to R80m) wrestled with management changes and inefficiency. And while management had its eye off the ball so did product designers who failed to stay alongside of trends, resulting in a loss of sales. The company had to drop its costs to get back market share.
The bathroom business has been turned around, with sales volumes growing everywhere. "We lost market share and let go of our costs a bit. Costs are now under control and we have passed on the savings in order to win back market share."
To keep a tighter rein on the busi- ness, the management structure was reorganised. Booth utilized the group's 2 most experienced chiefs, Lance Foxcroft and Pieter de Lange, to head up the sanitary ware and tile divisions respectively. With the day to day operations now in careful hands, he is now more in a position to target enterprise-wide technique and business development.
The Australian business had a tough year, reporting production down by 26,5% and sales down by twenty five percent and barely breaking even. While the economy was slow and imports high, the majority of the Problems came down to production and commissioning issues at the factory. "We are close to a turn-around in this business. And as the sole tile manufacturer in Au- stralia we're going to have a competitive advantage. We simply need to be a little sharper."
Booth is positive about the coming year, and about producing in SA in general. "Any manufacturer of heavy stuff should operate in the market in which they sell the product."
He has fears about the ability of makers to create new roles in SA but believes the business will remain practicable th- rough continued investment in capital sub-structure. "The challenges we face today are different to those of ten years back but nothing is insurmountable."
As is clear from the one 500c special dividend announc- ed earlier in the year, Ceramic is a money generative company. Money reserves decreased to R217,7 million from R435,7 million and Ceramic's net asset value per share declined by 10,5% to seven 081c (2010 : 7 912c) as a result of the R304m special dividend pronounced in May as reported tagza.com.
Ceramic Brass at Whit Friday 2010
