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13.04.2021 (419 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 (389 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 (578 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.

'This is the joining of two leading companies in their respective segments, recognized globally for the quality of their products and services, bringing their geosynthetic products together under the same roof for the first time. This transaction will increase their products' use in civil engineering, road infrastructure, hydraulic and environmental works,' said Jean-Louis Vangeluwe, President of Solmax. 'This is a game changer in the history of geosynthetic manufacturers that develop lesser-known engineered products that are essential to protecting the environment and developing infrastructure projects.'

'I am highly pleased to position our company alongside Solmax. We both are among the leaders in our respective segments and now we will join together to create a stronger global leader in geosynthetics. The long-term vision of Solmax around sustainability aligns very well with that of TenCate Geosynthetics, and I am energized to lead my team confidently into this new business environment where we can contribute even more value together', said Wally Moore, CEO of TenCate Geosynthetics.

'I'm delighted to see the family grow again. The addition of TenCate Geosynthetics to Solmax will have a positive overall effect on the geosynthetics sectors. Together, with our products, services and available resources, we will be able to make an impact on the quality of lives of individuals and society as a whole' concluded Jacques Côté, Founder and Executive Chairman of the Board of Solmax.

The transaction is expected to close in the second quarter of 2021 and is subject to customary approvals by regulatory authorities.

Source: Solmax

                     

09.04.2021 (541 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 (442 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.

09.04.2021 (464 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 (411 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 (420 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 (387 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 (497 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.