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12.08.2021 (496 Clicks)

Webuild begins excavating Tunnel for Ship Canal Water Quality Project in Seattle, Washington

Webuild Group’s U.S. subsidiary, Lane, began excavating with the “MudHoney” tunnel-boring machine (TBM) the 2.7-mile (4.2-kilometre) storage tunnel for the Ship Canal Water Quality Project, an environmental sustainability project designed to prevent untreated stormwater and sewage from flowing into major bodies of water in Seattle, Washington.

10.08.2021 (394 Clicks)

Epiroc completes Acquisition of South Korean Hydraulic Breaker Manufacturer

Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has completed the acquisition of DandA Heavy Industries, a South Korean manufacturer of hydraulic breakers.

10.08.2021 (510 Clicks)

Metso Outotec awarded a Major Contract for Supplying Dewatering, Flotation and Automation Technology to Nornickel in Russia

Metso Outotec has signed an agreement to deliver industry-leading dewatering, flotation and automation equipment for the Nornickel Talnakh processing plant expansion project in Norilsk, Russia. The order value, which is not disclosed, has been booked in Minerals’ Q2 and Q3 2021 orders received.

10.08.2021 (370 Clicks)

Climate Change widespread, rapid, and intensifying according to IPCC

Scientists are observing changes in the Earth’s climate in every region and across the whole climate system, according to the latest Intergovernmental Panel on Climate Change (IPCC) Report. Many of the changes observed in the climate are unprecedented in thousands, if not hundreds of thousands of years, and some of the changes already set in motion – such as continued sea level rise – are irreversible over hundreds to thousands of years.

10.08.2021 (406 Clicks)

Fugro answers Geo-data Needs in Remote coastal Locations with new uncrewed Capability

Fugro RAMMS, the world’s smallest and lightest ‘deepwater’ airborne lidar bathymetry (ALB) system, can now be deployed from vessels of opportunity using a Schiebel CAMCOPTER® S-100 uncrewed aerial system (UAS).

10.08.2021 (438 Clicks)

Australian Bulk Handling Expo BULK 2021 postponed to 2022

Following the Covid-19 events, BULK 2022 will now take place from 16 – 18 February 2022 at the Melbourne Convention and Exhibition Centre

09.08.2021 (389 Clicks)

Eldorado Gold announces the Sale of Tocantinzinho to G Mining Ventures

Eldorado Gold Corporation announces today that it has entered into a definitive agreement with G Mining Ventures Corp. to divest its Tocantinzinho Project located in Brazil.

09.08.2021 (476 Clicks)

Strabag: Contract for large-scale A8 Enz Valley crossing Motorway Project

The STRABAG Group has been awarded a new large-scale contract in the southwestern German state of Baden-Württemberg. Germany’s federal motorway company, Autobahn GmbH des Bundes, has awarded to STRABAG the contract for the six-lane expansion of the A8 motorway in the Enz Valley near Pforzheim. The contract for the complex infrastructure project on the main corridor between Karlsruhe and Stuttgart is worth more than € 100 million.

06.08.2021 (431 Clicks)

Further Progress in Multi Tracks Segment: Thyssenkrupp to sell Infrastructure business to FMC Beteiligungs KG

• Next milestone reached in the focusing of Thyssenkrupp’s portfolio
• Infrastructure business will profit from willingness of new owner to invest in digitization and development of existing and new markets
• Closing expected in second half of 2021 calendar year
• Dr. Volkmar Dinstuhl, CEO Multi Tracks: “With the successful sale of the Infrastructure business we are taking the next step in sharpening the portfolio of Multi Tracks and making a further contribution to the transformation of Thyssenkrupp.”

Thyssenkrupp today announced the sale of its Infrastructure business unit to FMC Beteiligungs KG, a further successful step in the focusing of its portfolio as part of the initiated realignment. FMC, an entrepreneur-led independent German investment company, makes long-term investments in businesses with a focus on sustainable value growth to the benefit of employees and company. The two parties have agreed not to disclose the financial details of the transaction, which is subject to merger control approval and subject to the approval of the Supervisory Board of Thyssenkrupp AG. The closing is expected to take place in the second half of the 2021 calendar year.

The Infrastructure business will profit from the new owner’s strategic plan for the gradual further development of the company. In particular this includes necessary investment in digitization and the development of existing and new markets. Furthermore, a best and fair owner-agreement has been concluded with the buyer, which in particular includes job and site guarantees.

Dr. Volkmar Dinstuhl, CEO of the Multi Tracks segment: “With the successful sale of the Infrastructure business we are taking the next step in sharpening the portfolio of Multi Tracks and making a further contribution to the transformation of Thyssenkrupp. We are convinced that the business plan behind the transaction offers promising prospects to the employees of Thyssenkrupp Infrastructure.” Dr. Dinstuhl added: “The high purchase interest underlines Infrastructure's leading product and service portfolio as well as the capabilities and expertise of its employees.”

In October 2020 Thyssenkrupp Infrastructure was allocated to the Multi Tracks segment in order to find a new owner. With swift execution, the successful sale is the next step in the initiated transformation of Thyssenkrupp. The aim is to create a high-performing “Group of Companies” with independent businesses, a lean holding company and a focus on systematic performance improvement across all businesses.

Thyssenkrupp Infrastructure, a leading supplier in the fields of civil, marine, foundation and structural engineering, currently employs around 480 people. In the 2019/2020 fiscal year the business unit generated sales of around 140 million euros. Its portfolio includes steel sections and anchor technology, flood protection solutions, pile driving and extracting equipment, drilling, trench shoring and scaffolding systems.

Source: Thyssenkrupp

                     

06.08.2021 (414 Clicks)

TAC 2020-One Toronto Aims for In-person Attendance

With the opening day of TAC 2020-One Toronto less than 11 weeks away, the Organizing Committee is gearing up to welcome the tunnelling industry to the Hilton Toronto on October 19. We’re optimistic that the planned in-person conference can proceed and that Canada’s extensive Covid-19 vaccine uptake will help counter the Delta variant challenges we currently face.