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01.04.2020 (621 Clicks)

SSAB: Actions taken due to the Covid-19 Situation

SSAB implements several short-term actions across the business to mitigate the effects of Covid-19 and the total annualized savings are estimated to exceed SEK 1 billion.

SSAB's annual general meeting (AGM) was held today, April 1, 2020, in Stockholm. The AGM resolved that no dividend will be paid for the financial year 2019.

During the first three months of the year the business has largely proceeded according to expectations. SSAB´s focus during the first quarter has been to reduce risks of spreading the Covid-19 virus, including measures to protect the health and safety of our personnel and at the same time sustaining operations.

01.04.2020 (751 Clicks)

Innovation Platform Nexplore forms Research Cooperation with TU Darmstadt

Cooperation aimed at using Artificial Intelligence in construction

31.03.2020 (663 Clicks)

Industry comes together to form Green Hydrogen Consortium

Hatch, Anglo American, BHP, and Fortescue have formed a Green Hydrogen Consortium to look at ways of using green hydrogen to accelerate decarbonization within their operations globally.

31.03.2020 (679 Clicks)

Costain announces new Managing Director of its Transportation Division

Sue Kershaw has joined Costain as managing director of its transportation division where she will be responsible for the highways, rail and aviation sectors. Sue will join the Group’s Executive Board and report to Alex Vaughan, chief executive officer.

Sue has a strong track record for driving complex, high profile transport and construction programmes to delivery. She is currently president of the Association for Project Management, a member of the Mayor of London’s Infrastructure Advisory Panel and a Royal Academy of Engineering visiting professor at the Bartlett School of Construction and Project Management, University College London.

Before joining Costain, Sue was managing director, Infrastructure Advisory Group at KPMG. Prior to that she was UK infrastructure head of programme management for KPMG Major Projects Advisory. Previous positions include director of rail, Europe at CH2M and deputy director of transport for the Olympic Delivery Authority. Sue is a civil engineer and started her career with Taylor Woodrow.

Source: Costain

                     

31.03.2020 (605 Clicks)

Sandvik receives tubular Orders for the Energy Industry

Sandvik Materials Technology has received large orders for advanced tubes for the energy segment. The orders were booked in the first quarter 2020 at a combined value of about 630 million SEK, with deliveries scheduled as from the second half of 2020.

30.03.2020 (717 Clicks)

SMT Scharf AG significantly increases Revenues and Earnings in 2019 thanks to strong Business in China

• Consolidated revenue of EUR 75.4 million well above previous year
• Operating profit (EBIT) grows significantly to EUR 6.8 million
• Strong business in China delivers strong revenue and earnings surge in Q4/2019
• Progress of business in China in 2020 still dependent on China III approval

30.03.2020 (680 Clicks)

Genoa’s new Bridge: Work pursues its Course on site strictest Measures adopted for Workers’ Safety

Work at the construction site of Genoa’s new bridge is pursuing its course following the completion of the piers and the installation of 750 m of the deck with the hoisting of the latest section over the railway. It is being done while rigorously respecting the strictest safety measures for workers and applying the most rigid regulations to protect the health of all direct and indirect employees.

28.03.2020 (560 Clicks)

Vale announced temporary Aid Package for Suppliers

Vale announced it will anticipate payments to small and medium-sized businesses; approximately R$ 160 million will be injected into the economy in the coming days

27.03.2020 (1515 Clicks)

IDS GeoRadar, Worldsensing launch unique Mining Monitoring Package

Industry-first comprehensive monitoring solution covering surface, sub-surface and geospatial monitoring

27.03.2020 (780 Clicks)

W.S. Tyler Equipment rebrands to Haver & Boecker Niagara

Haver & Boecker introduces its global mineral processing brand, Haver & Boecker Niagara, to North America. Haver & Boecker Niagara combines the long-term success of the Tyler brand in North America with Haver & Boecker’s worldwide engineering and application expertise to help customers address their screening challenges more efficiently and more profitably through a complete portfolio of innovative mineral processing technologies.