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13.04.2021 (387 Clicks)

Sika exploits further Growth Potential in Qatar

In Qatar, Sika has expanded its production capacity for concrete admixtures and has started manufacturing epoxy resins. Epoxy resins are key components in high-quality floor coverings and adhesives. With its enlarged portfolio and its local production capacity, Sika wants to exploit market potential and drive forward the focused expansion of its business in the region.

12.04.2021 (355 Clicks)

Skanska replaces Wastewater Resource Facility Sewage Pump System in New York

Skanska has, as part of a joint venture with RJ Industries, signed a contract with the New York City Department of Environmental Protection (NYCDEP) to replace sewage pumps and ancillary equipment and structures at the Coney Island Waste Water Resource Facility in Brooklyn, New York, USA.

12.04.2021 (539 Clicks)

Solmax once again accelerates its Growth and acquires TenCate Geosynthetics

Solmax, the global leader in the production of high-quality polyethylene geomembranes for industrial and environmental applications announces it has reached an agreement with Koninklijke Ten Cate (the Netherlands) on the acquisition of TenCate Geosynthetics, a global provider of geosynthetics and industrial fabrics. Caisse de dépôt et placement du Québec (CDPQ) and Fonds de solidarité FTQ, Solmax's long-term financial partners, are both investing in this transaction.

09.04.2021 (511 Clicks)

Fugro wins repeat Geo-data Solutions Contract with State of Texas

Fugro has been awarded its second-consecutive Geo-data solutions contract by the Texas Department of Information Resources (DIR) to support the state’s Strategic Mapping Program (StratMap).

09.04.2021 (416 Clicks)

Coal Production from top Ten Mining Companies expected to increase by up to 6.6% in 2021 according GlobalData

Coal production from the top ten mining companies (Coal India, China Shenhua, Yanzhou Coal, Peabody, China National Coal, Glencore, Siberian Coal, PT Bumi, BHP and Arch Resources) fell from a collective 1,704Mt in 2019 to 1,633Mt in 2020, which is a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi (24.9%), Glencore (23.9%), and Peabody (21.8%), according to GlobalData, a leading data and analytics company.

GlobalData expects production from the top ten companies to be between 1,683-1,740Mt in 2021, which is an increase of up to 6.6% compared with the collective output in 2020 (1,633Mt). Operating activities, backed by the rollout of vaccine and strict Covid-19 protocols on-site, returning to normal is expected to be a key production driver for companies in 2021.

Production from Arch Resources (formerly Arch Coal) declined primarily due to the sale of the Holden #22 Surface mine in December 2019, coupled with weak economic conditions during Q1 2020. In addition, the temporary suspension of the Viper mine in Q2 2020 further disrupted the company’s coal production.

Vinneth Bajaj, Associate Project Manager at GlobalData, comments: “Heavy rainfall amid the outbreak of COVID-19 impacted PT Bumi’s output in 2020, while Glencore’s coal output fell for the fourth consecutive quarter as the company’s Colombian coal assets remained suspended as part of the COVID-19 preventive measures. Scheduled production cuts across the Australian portfolio also impacted the company’s overall output as did the placement of the Prodeco mine under care and maintenance and strikes at Cerrejon between August and December 2020.”

Peabody’s output dropped primarily due to the upgrade of the main line conveyor system at Shoal Creek, alongside pit sequencing work at Moorvale and a dragline outage at Coppabella. In addition, the company also suspended operations at the Wambo underground mine for around 59 days during the second half of 2020. The closure of mines including Kayenta and Cottage Grove (Q3 2019) and Wildcat Hills (Q2 2020) further impacted the company’s output.

Bajaj continues: “BHP’s coking coal production was impacted by planned maintenance at the Saraji and Caval Ridge mines, environmental disruptions at La Nina, and lower yields at the South Walker Creek and Poitrel mines. Meanwhile, the thermal coal segment, from which the company is expected to exit in the near future, was affected by a 91-day strike at Cerrejon, which started on August 31, 2020.

“In contrast, production from Coal India rose by 4% owing to a recovery in the offtake from India’s power sector, which was supported by a resumption in industrial and commercial activities as the country’s electricity demand started to recover from the COVID-19 setback. Output from China Shenhua, Yanzhou and China National Coal Group also increased, rising by 3.1%, 10.2% and 8.1%, respectively, in 2020, mainly owing to a quick recovery in China, particularly during the second half of 2020.”

Source: GlobalData

                     

09.04.2021 (425 Clicks)

Implenia sells its Ferry Dock Maintenance and Rock Support Business in Norway

A subsidiary of Presis Infra AS is acquiring Implenia’s ferry dock maintenance and rock support business in the north of Norway.

08.04.2021 (371 Clicks)

Queensland Resources Sector embraces Potential for Hydrogen to lower Emissions

More than 60 percent of CEOs surveyed for a new report on Queensland’s resources sector are considering hydrogen-related business opportunities, with 10 percent already committed to hydrogen projects.

08.04.2021 (379 Clicks)

Volvo Group and SSAB to collaborate on the World’s first Vehicles of fossil-free Steel

Volvo Group and SSAB have signed a collaboration agreement on research, development, serial production and commercialization of the world’s first vehicles to be made of fossil-free steel. Volvo plans already this year to start the production of concept vehicles and components from steel made by SSAB using hydrogen.

08.04.2021 (354 Clicks)

Thordon Pumped to deliver Bearings in Record Time

When a well-known industrial pump manufacturer needed four fully finished vertical pump bearings within three days to meet an urgent delivery deadline, Thordon Bearings’ Customer Service team orchestrated a solution to deliver the 6in (152.3mm) diameter water lubricated SXL bearings on time.

08.04.2021 (448 Clicks)

Metso Outotec to supply large-capacity Grate-Kiln Iron Ore Pellet Plant to India

Metso Outotec has signed a contract with an Indian customer for the supply of a large-capacity Grate-Kiln pellet plant in the State of Odisha, India.