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13.04.2021 (382 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 (351 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.

The total contract is worth USD 108M. Skanska will include its USD 76M portion of the contract, about SEK 640M, in the US order bookings for the first quarter 2021.

Construction began in February 2021 and is scheduled for completion in February 2025.Construction began in February 2021 and is scheduled for completion in February 2025.

Skanska is one of the leading construction- and project development companies in U.S., specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 66 billion in 2020 and had about 7,600 employees in its operations.

Source: Skanska

                     

12.04.2021 (538 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 (410 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 (421 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 (368 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.