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02.03.2022 (463 Clicks)

Metso Outotec Business update on Russia Ukraine Conflict

As a result of Russia’s military actions against Ukraine, the European Union, the United States and other countries have announced severe sanctions against Russia. While the mining industry is currently not directly targeted by the sanctions, sanctions against the banking sector and individuals as well as other restrictions may have an impact on Metso Outotec and our customers’ Russia related businesses. Due to the current unclear and changing sanction situation, Metso Outotec has temporarily ceased its deliveries to Russia.

02.03.2022 (417 Clicks)

Hexagon introduces GeoSlate App to simplify geological Drillhole Logging

Hexagon’s Mining division announced that it has introduced HxGN MinePlan GeoSlate, a mobile, geological drillhole logging application that simplifies the field data collection process.

02.03.2022 (325 Clicks)

Sika strengthens Access to the Distribution Channel in Canada

Sika acquires Sable Marco Inc., a manufacturer of cementitious products and mortars in Canada.

02.03.2022 (379 Clicks)

Fugro USV Project Team wins Energy Industry Game Changer Award

Fugro’s Blue Essence uncrewed surface vessel (USV) has been awarded the Energy Industry Game Changer Award at the 2021 Energy Club WA Award, an initiative of the Australian Institute of Energy (AIE).

01.03.2022 (286 Clicks)

Gateway Program completes Hudson Tunnel Geotechnical Investigation Work necessary to enter next Phase of Federal Grant Program

Total of 75 Geotechnical Investigations in NY and NJ Provide Vital Pre-Construction Information; 13 Geotechnical Borings Completed on Manhattan's Far West Side After Amtrak Acquired Property for Hudson Tunnel Project; Private Sector Collaboration Helps Mitigate Project Risk

01.03.2022 (274 Clicks)

Implenia well on Track – increased Profit based on underlying Performance

• Implenia improved underlying performance by 24% compared to previous year and significantly exceeded EBIT target of CHF >100 million with CHF 114.8 million
• Execution of transformation far advanced; strong and high-quality order intake
• Equity strengthened; strong cash flow in second half of year; refinancing of maturing convertible bond secured
• Implenia aims for EBIT of more than CHF 120 million in 2022 from further improved underlying performance and a strengthening of the equity base by CHF >80 million
• Leadership Changes on the Board of Directors and Implenia Executive Committee

01.03.2022 (289 Clicks)

HS2 funds major new environmental Project in Staffordshire

• The Environmental Enhancement Plan developed by the Trent Sow Group will enhance the landscape and biodiversity around the new railway
• The plan has received £1.5m funding from HS2 Ltd to deliver six projects over two years in the Trent Sow Parklands and Cannock Chase Area of Outstanding Natural Beauty
• HS2 Ltd has worked with the National Trust, the Cannock Chase AONB Partnership and other local partners on plans

01.03.2022 (248 Clicks)

Climate Change: a Threat to human Wellbeing and Health of the Planet. Taking Action now can secure our Future

Human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions of people around the world, despite efforts to reduce the risks. People and ecosystems least able to cope are being hardest hit, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report.

28.02.2022 (251 Clicks)

Hexagon strengthens Drill Autonomy Capabilities with exclusive Partnership

Hexagon’s Mining division today announced it has signed an exclusive partnership agreement with Phoenix Drill Control, a technology company specialized in implementing autonomous technology to the open-pit, blast-hole drilling process.

26.02.2022 (268 Clicks)

Cimic's Leighton Asia wins new Orders in New Work in Hong Kong

Cimic Group company Leighton Asia has won new contracts in Hong Kong that will generate total revenue of A$104 million.

The contracts are:

• an award to a Leighton Asia-led joint venture by the Government of the Hong Kong Special Administrative Region to construct the Boardwalk Underneath Island Eastern Corridor along the Victoria Harbour
• an award to Leighton Asia by the Beijing Urban and Chevalier Joint Venture for the Electrical Works Package for the Third Runway Concourse and Apron at the Hong Kong International Airport

Cimic Group Executive Chairman and Chief Executive Officer Juan Santamaria said: “These awards, across sectors, underline the diversity of Leighton Asia’s capability in Hong Kong. We are pleased to support these clients and to deliver for the local community important waterfront and aviation infrastructure.”

Leighton Asia Managing Director Pedro Vicente said: “Leighton Asia has extensive experience in the ongoing development of the waterfront of Victoria Harbour and Hong Kong International Airport over the past decades. We are pleased to continue to contribute our international expertise and local knowledge to ensure the successful delivery of these important projects.”

Both projects have commenced. The Boardwalk project is scheduled for completion in 2025. The works at the Third Runway Concourse and Apron will be completed in Q3 2024.

Source: Hochtief AG