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17.11.2021 (422 Clicks)

Solmax acquires Propex to further expand into unique and value-added geosynthetic Products and Solutions

Solmax is pleased to announce that it has agreed to acquire Propex, an industry-leading U.S. geosynthetics manufacturer with a long track record in the construction, transportation, mining, and automotive industries. With this transaction, Solmax reinforces its position as a leading geosynthetics solutions provider.

16.11.2021 (348 Clicks)

Bauer Technologies Ltd accredited with BES 6001 Sustainability Certificate

Bauer Technologies Ltd, the UK subsidiary of Bauer Spezialtiefbau GmbH, is now a leader in the field of sustainable resourcing and has been accredited with the sustainability certificate BES 6001.

BES 6001 is a certification method developed by BRE (Building Research Establishment) England. This 'Framework Standard for Responsible Sourcing' outlines a framework for company leadership, supply chain management, as well as ecological and social aspects. These factors must be addressed to ensure sustainable procurement for construction products. In October 2020, Bauer Technologies Ltd began the application process for the BRE BES 6001 standard for the sustainable construction of pile foundations – and their efforts have now paid off: Bauer Technologies obtained the certificate in November 2021.

Bauer Technologies specializes in the design and execution of complex foundation projects in Great Britain and Ireland. The company has been procuring materials responsibly for many years. Nevertheless, demonstrating the company's commitment to sustainability has been difficult and time-consuming until now, both for Bauer Technologies and for clients who require an easier option for evaluating this type of certificate. Obtaining the BES 6001 certification for responsible procurement now provides security for the clients of Bauer Technologies: certification by a third party clearly shows the company's commitment to managing the long-term environmental footprint of the sector.

Commenting on the accreditation, Michael Jones, Managing Director of Bauer Technologies Ltd, said: 'We are proud to obtain this certification. The fact that we are the only specialist foundation engineering company in the UK with this certification fills us with pride. Sustainability in our supply chain, our processes, our construction and business activities, as well as all areas of the construction sector is absolutely essential for us. Last but not least, this certification is also of major importance for our clients.'

By checking for the BES 6001 certification of Bauer Technologies in the Green Book Live Service provided by BRE Global, clients can quickly and easily review the company's sustainability certificates and obtain additional BREEAM points for their projects thanks to this certification. BREEAM stands for Building Research Establishment Environmental Assessment Method and is the oldest and most widely used certification system for sustainable construction.

Source: Bauer Group

                     

16.11.2021 (411 Clicks)

Fugro expands Remote Operations Capability in India

Fugro has announced the opening of a new state-of-the-art Remote Operations Centre (ROC) in India. Fugro currently operates a core global network of eight major Remote Operations Centres ensuring full system redundancy in all parts of the world.

16.11.2021 (362 Clicks)

Swift Turkish TBM breaks through – Robbins Crossover XRE is World’s fastest TBM over 13 Meters in Diameter

In October 2021, the breakthrough of a Robbins Crossover XRE TBM was the cause of much celebration. A team of personnel from Kolin Construction, Turkish State Railways (TCDD), and Robbins field service gathered to watch the breakthrough of the world’s fastest TBM over 13 m (43 ft) in diameter.

15.11.2021 (376 Clicks)

Honours at national Women in Resources Awards in Australia

A Queenslander has taken out the top honours at prestigious BHP 2021 Women in Resources National Awards, presented by the Minerals Council of Australia (MCA). Maryann Wipaki, General Manager of Health, Safety, Environment, Community at Glencore Queensland Metals in North Queensland has been awarded the 2021 Dyno Nobel Exceptional Woman in Australian Resources Award.

15.11.2021 (376 Clicks)

Sandvik announces first three Members of the Board of SMT – the new Company planned to be listed in 2022

As previously communicated, the Sandvik Board intends to formally propose the distribution and listing of its business area Sandvik Materials Technology (SMT) at a shareholders' meeting next year, with the target to complete the listing in the second or third quarter of 2022, subject to shareholder approval. The listing is planned to be made at the Nasdaq Stockholm Exchange.

12.11.2021 (2052 Clicks)

SMT Scharf continues successful Business Performance in Q3 2021

• Consolidated revenue rises to EUR 53.9 million in the first nine months of 2021
• Operating profit (EBIT) improves to EUR 8.1 million
• Managing Board further upgrades FY 2021 guidance: Consolidated revenue expected in the range of EUR 75 million to EUR 80 million and EBIT in the range of EUR 9 million to EUR 11 million
• China III approval leads to positive subsequent revenue recognition effects and improved growth prospects in China

12.11.2021 (354 Clicks)

Sydney Metro: Construction on Track with new Milestone

Track laying on the first rail crossing under Sydney Harbour is complete, marking a major milestone on the Sydney Metro City & Southwest project.

11.11.2021 (366 Clicks)

Sika to acquire MBCC Group to accelarate its Growth Strategy and reinforce it Position as Sustainability Champion in the global Construction Industry

• MBCC Group is one of the most recognized companies in construction chemicals worldwide with sales of approximately CHF 2.9 billion (EUR 2.7 billion)
• Enterprise value of CHF 5.5 billion represents a 11.5x EV/pro forma 2022E EBITDA multiple with expected annual synergies of CHF 160 – 180 million bringing the multiple down to 8.5x EV/EBITDA
• Transaction is highly complementary across almost all of Sika’s core technologies, applications, and solutions
• Acquisition is accretive to Sika’s earnings per share from the first full year post closing
• The combined company will drive the sustainability transformation of the construction industry further and faster
• Transaction is subject to regulatory approval, but Sika is confident that all required clearances will be obtained. Closing targeted for the second half of 2022

11.11.2021 (311 Clicks)

Webuild signs Construction Contract in North East Link Project In Melbourne, Australia

Webuild expands presence in Australia and PPP projects as new orders reach €10.6 BLN globally in 2021