QRC backs new Plan but calls for new Power Plant

The Queensland Resources Council (QRC) welcomes policy announcements by the Queensland Government of its Powering Queensland Plan to address the state’s energy needs. This Queensland Plan has been released ahead of the Finkel review due to be released at COAG.


SMT Scharf Earnings up in FY 2016

SMT Scharf AG (WKN 575198, ISIN DE0005751986) improved its operating earnings by 8.7% to EUR 2.5 million in the fiscal year elapsed (2015: EUR 2.3 million). As expected at the start of 2016, revenue of EUR 42.6 million was tangibly below the previous year's level (2015: EUR 50.3 million). The Group achieved an EBIT margin of 5.9% (2015: 4.6%) on total operating revenue of EUR 42.2 million (2015: EUR 50.0 million). At the bottom line, SMT Scharf achieved a further year-on-year improvement in consolidated net income to EUR 1.9 million (2015: EUR 1.5 million).


New CEO of the Datwyler Group

As was announced in spring 2016, Dirk Lambrecht took over management of the Datwyler Group as CEO on 1 January 2017. Paul Hälg, who held the position from 2004, stepped down at the end of 2016 and will be recommended for election to the post of Chairman at the Annual General Meeting in March 2017. He will succeed Ulrich Graf, who will be stepping down from his post for age-related reasons after 12 years at the 2017 Annual General Meeting.


SSAB invests in its Nordic Operations

SSAB will invest more than SEK 500 million in its Nordic operations to support the automotive growth strategy, increased production stability and reduced energy consumption. The investments will be made in operations at the Hämeenlinna and Luleå sites and the projects will start in late 2016.


Continental reaffirms Commitment to the Mining Industry with broad Portfolio of Products and Services

  • Customers receive custom-designed solutions in all areas from a single source
  • New Underground mining and earthmoving tires will be presented for the first time
  • Industrial hydraulic hoses for mining applications to be featured at the show
  • Power train belts and vibration control systems for more efficiency and comfort
  • 360-degree camera systems, displays and instrumentation cluster ensure safety in mines

Rema Tip Top increases Stake in Cobra to 100 per cent

Rema Tip Top has increased its stake in Cobra Group/Depreux to 100 per cent. The complete takeover of Cobra, a specialist in the manufacturing of conveyor belts and accessories for the mining, food, agricultural, packaging and logistics sectors, allows Rema Tip Top to further strengthen its global conveyor technology business.

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