Cummins Inc. announced that the company’s second-quarter sales reached US$4.6 billion, a year-on-year increase of 45%; EBIT was US$775 million, including US$68 million in profit from the sale of Nelson’s exhaust products business by the Components Division. . If this item is deducted, the company's EBITDA is US$707 million, accounting for 15.2% of sales. The quarterly profit and profit rate both set the best history.
Cummins' net income for the second quarter was $505 million, and diluted earnings per share reached $2.60. If Cuscoe subtracts US$68 million from the sale of its exhaust business, Cummins’ earnings per share are US$2.41 (US$1.25 in the same period of last year).
“The brilliant performance of Cummins in the second quarter proved once again that our long-term strategy for diversification and profitable growth in the international market and end-use markets has been a success,†said Tim Solso, Cummins Chairman and Chief Executive Officer. Cummins is now facing the best global growth opportunities. This is the result of our efforts over the past decade."
Due to the rapid growth of the global truck market and non-road markets including mines and oil and gas fields, the engine division's sales for the quarter increased by 53% year-on-year to US$2.9 billion. Earnings before interest and taxes reached 377 million U.S. dollars, yielding 13%.
Based on the company's outstanding performance in the second quarter and the outlook for the second half of the year, Cummins raised its 2011 full-year sales and EBIT forecast. The company expects global sales revenue to be US$18 billion and EBIT margin of 14.5%. This expected value does not include any revenue from the sale of the business.
It is reported that Cummins has invested more than 140 million U.S. dollars in China. As the largest foreign investor in China's engine industry, Cummins has eight joint ventures and wholly-owned manufacturing companies in China, of which Dongfeng Cummins produces B, C and L series diesel engines. Cummins produces M, N and K series diesel engines. Products comply with ISO 3046, ISO 4001, ISO 8525, IEC 34-1, GB1105, GB/T 2820, CSH 22-2, VDE 0530, and YD/T 502-2000 "Technical Requirements for Diesel Generator Sets for Communications" and other standards.
Iron Sulphide For Resin Grinding Wheel---LHT(SL)
Pyrite as Fillers Used in Grinding Wheels/ Abrasive Tools
Ablation grinding wheel / abrasive( filling agent )
PYRITE__As fillers used in grinding wheels/ abrasive tools
Place of Origin: Henan Luoyang, China
Pyrite, Iron pyrites, pyrites lump, Ferro sulphur, Pyrites powder.
Product Description
Detailed introduction: is filling agent for ablating grinding wheel abrasive, which can effectively reduce the grinding wheel temperature during ablation, improve the heat resistance, and prolong the service life of the grinding wheel.
Formation of a protective layer
(1)The reaction absorbing oxygen occurs between 400 and 475 degrees, thereby reducing the oxidation of resin, reducing the oxidation burn of workpieces, and prolonging the working life of grinding wheels at high temperature.
4 FeS2 + 11 O2→2 Fe2O3 + 8 SO2
(2) 4 FeS + 7 O2→4 Fe2O3 + 4 SO2
400-475 degrees is a limit that the grinding wheel can easily reach. The above reaction creates an oxygen-free and hypoxic environment for the grinding wheel at the micro level, thereby improving the high-temperature performance of the grinding wheel.
Decomposition reaction occurs at 650-degree heat absorption, thereby reducing the working temperature of the grinding wheels.
FeS2→FeS + S
(3) It enters the melting state at about 1100 degrees, which becomes a good lubricant to protect the grinding wheel FeS(s)→FeS(l).
(4)Sulfur, sulfur dioxide and sulfur trioxide react with the workpiece surface to form FexSy:
Quality:
S: 48%min, FE: 42%min, SIO2: 3.0%max, PB: 0.1%max,
ZN: 0.1%max, AS: 0.1%max, . C: 0.3%max, CU: 0.2%max,
H20: 1.0%max, SIZE: 95%min
Granularity: (0-3)mm/(3-8)mm/(3-15)mm/(15-50)mm or other particle size.
Packing: 25KG/500KG/1000KG/BAG or 1000KG/BAG or other packaging.
Note: if there are special requirements, the product can be customized according to clients` requirements.
Iron sulphide for resin grinding wheel Pyrite, Iron pyrites, pyrites lump, Ferro sulphur, Pyrites powder
LUOYANG PERFECT TRADING CO.LTD, , https://www.pyritefes.com