• Sales increase of 23.5% in local currencies
  • First-half sales at CHF 4,448.7 million (+23.1% in CHF)
  • Operating profit (EBIT) at CHF 685.9 million (+67.2%)
  • Record EBIT margin at 15.4%
  • Operating free cash flow increase at CHF 318.4 million (+26.4%)
  • Acquisition of Kreps (Russia), DriTac (USA), BR Massa (Brazil), and Hamatite (Japan)
  • Outlook for 2021 fiscal year
  • Confirmation of 2023 strategic targets for sustainable, profitable growth
  • "/>
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    GeoResources

    27.07.2021 (351 Clicks)

    Electricity from Hydropower: Bauer involved in the Teesta VI Hydro Electric Project in India

    Bauer Engineering India Private Limited, a subsidiary of Bauer Spezialtiefbau GmbH, was tasked by Jaiprakash Associates Limited with execution of specialist foundation engineering and geotechnical work for the Teesta VI Hydro Electric project.

     

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    26.07.2021 (471 Clicks)

    International Consortium of Cemex, Enertrag and Sunfire launches ground breaking Green Hydrogen Project

    Renewable energy company ENERTRAG, global cement producer CEMEX and electrolysis company Sunfire are launching “Concrete Chemicals”, a lighthouse project aiming to decarbonize the cement industry. Together with industrial and academic partners, the international consortium has submitted a funding application under the German Federal Ministry for Environment, Nature Conservation and Nuclear Safety (BMU) funding call to receive financial support for the challenging startup-phase of the project.

     

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    23.07.2021 (942 Clicks)

    Hydrogène Québec welcomes Hatch as new Executive Member

    Hydrogène Québec is the provincial branch of the Canadian Hydrogen and Fuel Cell Association (CHFCA) in Québec and a public-private partnership with the mandate to promote the commercialization of hydrogen energy and educate the public about the benefits of hydrogen and fuel cell technologies. The branch also works to motivate stakeholders to invest in hydrogen and understand its economic opportunities in the future of mobility and infrastructure. Earlier this year, Hatch announced its membership in the CHFCA.

     

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    23.07.2021 (448 Clicks)

    SMT Scharf AG supplies Tunnel Logistics for green Energy Project Snowy Mountain 2.0 in Australia

    • Supply of a specific monorail system for personnel and ambulance transportation in the tunnel
    • EUR 2.3 million order volume agreed
     

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    22.07.2021 (407 Clicks)

    Sika announces Record Results in first Half of 2021 – strong Growth in Sales and EBIT


    • Sales increase of 23.5% in local currencies
    • First-half sales at CHF 4,448.7 million (+23.1% in CHF)
    • Operating profit (EBIT) at CHF 685.9 million (+67.2%)
    • Record EBIT margin at 15.4%
    • Operating free cash flow increase at CHF 318.4 million (+26.4%)
    • Acquisition of Kreps (Russia), DriTac (USA), BR Massa (Brazil), and Hamatite (Japan)
    • Outlook for 2021 fiscal year
      • Growth in local currencies of 13%–17% (previously: double-digit sales growth in local currencies)
      • Over-proportional increase in EBIT, EBIT margin to reach 15% for the first time
    • Confirmation of 2023 strategic targets for sustainable, profitable growth

    Sika once again posted record results in the first half of 2021, despite the Covid-19 pandemic continuing to seriously impact business in all regions. The company generated strong growth rates and continued its growth trajectory, with a new sales record of CHF 4,448.7 million. This equates to an increase of 23.5% in local currencies. Sales growth in Swiss francs amounted to 23.1%, which includes a slightly negative currency effect of -0.4%. The acquisition effect was 1.1%. Organic growth in the first half of the year amounted to 22.4%. Compared with the same period in 2019, organic growth is already at 11.3%.

    Thomas Hasler, Chief Executive Officer: “In a market environment that remained challenging, we once again performed successfully, achieving strong business results in the first six months of 2021. With our innovative strength, our customer focus, and our leading market position, we secured strong growth in all regions and expanded our market share in a targeted manner. Covid-19 will continue to pose a challenge. We are well equipped and have proven a high level of resilience against a difficult economic backdrop, creating new growth platforms. Sika has a strong corporate culture and our local teams working with our regional and corporate organizations are ready for the challenges that the second half of the year may bring.”

    Source: Sika



    Sika, Thomas Hasler, Switzerland, growth, strong, sales, EBIT, report, outlook, market, challenging,

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    22.07.2021 (568 Clicks)

    Expansion of Boliden Odda and more Zinc with world-leading Climate Performance

    Boliden has decided to invest in the expansion of Boliden Odda in Norway to an annual zinc production of 350 Ktonnes. The investment is for a total of EUR 700 m and will be completed at the end of 2024. The expansion means that the production of zinc with world-leading climate performance will almost double.

     

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    21.07.2021 (437 Clicks)

    Nornickel Produces First Batch of Certified Carbon-Neutral Nickel

    Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, headed by Vladimir Potanin, has produced its first batch of certified carbon-neutral nickel, which will be shipped to customers. 

     

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    20.07.2021 (417 Clicks)

    Pair of Crossover TBMs completes Triple Tunnel Drives in Mumbai

    Robbins XRE TBMs cross the Finish Line in Massive Metro Project

     

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    20.07.2021 (823 Clicks)

    Fugro awarded geotechnical Contract for Landmark La Gan Offshore Wind Farm in Vietnam

    La Gan Wind Power Development Corporation (La Gan Wind), owned by Copenhagen Infrastructure Partners (CIP), Asiapetro and Novasia, has awarded an offshore geotechnical contract to a consortium led by Vietsovpetro, PTSC G&S and Fugro. The award is part of CIP’s development plan for the La Gan offshore wind project in Vietnam which, with a potential capacity of 3.5 GW, will be one of the first large-scale offshore wind farms in Vietnam.

     

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    20.07.2021 (450 Clicks)

    Europe floods: 'We must learn lessons from this tragedy''

    Professor Hannah Cloke is one of a number of University of Reading scientists researching global flood forecasting and supporting advance warnings to help countries and organisations around the world to prepare for flooding events.

     

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    J. D. Theile GmbH & Co. KG
    Latest Articles

    20.10.2022 

    Failures of self-drilling Hollow Bar Systems, and Lessons learnedFailures of self-drilling Hollow Bar Systems, and Lessons learned

    Threaded hollow bar systems have grown in popularity and the range of products has increased. The market is flooded with many commercial options comprising different material properties and surface treatments, and providing varying methods for corrosion protection. Often the question of effective corrosion protection is at the forefront of discussions, and according to the current codes and norms, guidelines are provided and applied as required. This paper highlights some examples where threaded hollow bar systems failed and examines the possible reasons and lessons learned from such unfortunate circumstances....  

    #FRIEDR. ISCHEBECK GMBH #Geotechnics #anchors #anchoring equipment, roof bolting

    20.10.2022 

    Predictive Maintenance of Conveyor Belts: World Premiere for the E-PrimeTrackerPredictive Maintenance of Conveyor Belts: World Premiere for the E-PrimeTracker

    Scrapetec Trading GmbH presents at bauma a technical innovation for the preventive maintenance of belt conveyors, which reduces costs, avoids downtime and increases service life....  

    #ScrapeTec Trading GmbH #Mining #Tunnelling #underground mining #surface mining, quarrying #Conveyor technology

    20.10.2022 

    SMT Scharf – more than MonorailsSMT Scharf – more than Monorails

    SMT Scharf GmbH is best known for its monorail systems. But its portfolio of products goes well beyond this. The following article looks at the company’s widely diversified product line and the position it has established on the global market....  

    #Mining #Tunnelling #Energy #Machinery for Mining and Construction #monorail hanging railways #batterie-electric vehicles

    Hermann Paus Maschinenfabrik GmbH
    S-Tec ApS
    FRIEDR. ISCHEBECK GMBH - Schalungs- und Verbausysteme - Formwork and trench shoring systems
    FAB
    FAB
    J. D. Theile GmbH & Co. KG
    FAB
    J. D. Theile GmbH & Co. KG
    Secon Systems GmbH
    DSI Underground GmbH
    Specials
    World’s longest Railway Tunnel Project – supported by innovative Conveyor Digitalisation and reliable Engineering

    World’s longest Railway Tunnel Project – supported by innovative Conveyor Digitalisation and reliable Engineering

    17. October 2022 (380 Clicks)

    The consortium BTC Brennero Tunnel Construction and the Hosch Group jointly delivered on a world-class tunnelling project by combining excellent engineering with the innovative remote monitoring system Hoschiris Discover.  

    #Brennero Tunnel Construction (BTC) #HOSCH-Foerdertechnik Recklinghausen GmbH #Tunnelling #Traffic tunnels #Conveyor technology #Digitisation

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    Books / Bücher

    Liederverzeichnis des Liederbuchs für Berg- und Hüttenleute

    05. October 2022 (548 Clicks)

     

    #Tunnelling #Mining

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    Most clicked News

    13.04.2022 (645 Clicks)

    Skanska signs Contract for Work at Wastewater Resource Recovery Facility in NY, USA

    Skanska has, as part of a joint venture with R.J. Industries, Inc., signed a ...  

    #Skanska #Geotechnics #Supply tunnels #concrete #in-situ concrete #ventilation, dust extraction

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    Most clicked News
    Microtunnel Boring Machine breaks new Ground with mineral oil-free hydraulic Fluids from German Specialists

    25.03.2022 (602 Clicks)

    Microtunnel Boring Machine breaks new Ground with mineral oil-free hydraulic Fluids from German Specialists

    The Saarbrücken civil engineering contractor SaarGrundbau has successful...  

    #SaarGrundbau GmbH & Co. KG #Herrenknecht AG #Fluid Competence GmbH #Tunnelling #Supply tunnels #Hydraulics

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    Most clicked News

    23.05.2022 (587 Clicks)

    Metso Outotec wins Order for large Iron Ore Pellet Plant in Oman

    Metso Outotec has signed an agreement for the delivery of engineering and key...  

    #Metso Outotec #Vulcan Engineering Co. #processing

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    Most clicked News

    09.06.2022 (569 Clicks)

    Femern A S and SICE-COBRA sign multi-billion Contract

    On Monday 30 May, Femern A/S and SICE-COBRA have signed the contract for the ...  

    #Sociedad Ibérica de Construcciones Eléctricas (SICE) #Cobra Instalaciones y Servicios (Grupo Cobra) #Femern A/S #Tunnelling #Traffic tunnels

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