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Sika expands Production in Mexico

Sika is opening a new mortar production facility at Coatzacoalcos in southeast Mexico. The new plant will also take over the manufacture of concrete admixtures from the previous production site at Villahermosa. Through its five factories, Sika has now established a nationwide supply chain. With a population of 120 million, Mexico has one of the largest domestic markets in Latin America and is investing heavily in infrastructure expansion.

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SMG 2017: Transforming Guinea’s Economy through Mining and Investment

Now in its 5th edition, Symposium Mines Guinea is firmly established as the largest mining event in West Africa and will take place from 09 – 11 May 2017, in Conakry, Republic of Guinea. Due to the importance of the mining sector on Guinea’s economy, The Ministry of Mines and Geology aim to make this sector the most investor friendly mining destination in Africa and have begun taking the necessary measures to implement strict good governance policies for regulation and promotion of transparency.

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Rema Tip Top strives for strong Market Position in Brazil

Rema Tip Top, a globally operating system provider of services and products in the field of conveying and treatment technology as well as tyre repair, has acquired Norte Sul Serviços de Vulcanização (“Norte Sul Serviços”), a conveyor maintenance provider in Brazil. Through the acquisition, Rema Tip Top increased its global footprint and is now present in Brazil with a wholly-owned subsidiary.

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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.

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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.

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GSE Environmental to add manufacturing Capacity with New Geonet and Geocomposite Line

GSE Environmental, the leading global manufacturer and marketer of geosynthetic lining solutions, announced that in response to high demand for innovative drainage products, they are constructing a new manufacturing line in the Kingstree, SC facility. The new line will be capable of producing GSE’s full line of biplanar and triplanar geonet and geocomposite products. In addition, GSE will be converting its Houston production facility to accommodate biplanar production and allow more timely, economical delivery of these products to customers in the Western US and Mexico.

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SMT Scharf increases Profitability in H1 2016

SMT Scharf AG (WKN 575198, ISIN DE0005751986) reports significant year-on-year profitability growth despite revenue falling during the accounting period. Given a reduction in business generated with new machines, the service business again exerted a stabilising effect on consolidated revenue during the second quarter.

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Sika opens new Production Plant in Australia

With the opening of a new production plant in Bibra Lake near Perth, Sika is paving the way for future growth in Western Australia. The new site will increase capacities for concrete admixtures and synthetic fibers, improve finished goods warehousing and logistics and accommodate future mortar production facilities.

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Exploration Initiative paves Way for Future

Statement by QRC Chief Executive Michael Roche

The Queensland resources sector may be well past the investment boom phase but tonight’s federal budget confirms the sector will deliver strong export growth with the return from minerals and LNG outperforming other sectors.

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