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27.07.2021 (412 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.

26.07.2021 (528 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.

23.07.2021 (1052 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.

23.07.2021 (485 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

22.07.2021 (443 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

                     

22.07.2021 (635 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.

21.07.2021 (482 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.

20.07.2021 (520 Clicks)

Pair of Crossover TBMs completes Triple Tunnel Drives in Mumbai

Robbins XRE TBMs cross the Finish Line in Massive Metro Project

20.07.2021 (874 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.

20.07.2021 (501 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.