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13.04.2021 (406 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.

This latest investment in expansion in Qatar’s capital, Doha, will help Sika to continue building its business in this fast-growing region so that it can benefit from the dynamic development in the construction market. The sector is being boosted in particular by major projects and for the expansion of energy and utilities infrastructure, as well as stimuli induced by government tenders. Thanks to its local production facilities, Sika is also able to comply with the terms applicable to construction projects in the country. Qatar’s state sourcing policy stipulates that preference must be given to domestically manufactured products.
Ivo Schädler, Regional Manager EMEA: “Our latest investment in Qatar is positioning us for continued growth and is strengthening our competitiveness in the country. In expanding our production, we are anticipating a substantial increase in demand and volumes for our high-value adhesives and flooring solutions. Our building-sector customers will benefit from an expanded and locally produced portfolio of Sika solutions which, in addition, eliminates long-distance transportation. This benefits the environment, our customers, and Sika.”
Infrastructure Investments stimulate Growth
In the medium term, Qatar’s construction industry will be focusing on major investments in the energy and utility infrastructure such and on reservoirs to ensure adequate supplies of potable water in this desert country. According to estimates, the construction industry will grow by 2.6% in 2021 after a slowdown in the past year owing to Covid-19.
Source: Sika AG

                     

12.04.2021 (371 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 (556 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 (530 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 (430 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 (453 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 (399 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 (395 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 (374 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 (479 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.