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06.10.2020 (912 Clicks)

K+S sells its Americas salt business to Stone Canyon Industries Holding, Mark Demetree and Affiliates

K+S Aktiengesellschaft signed a contract to sell its Americas salt business bundled together as the Americas Operating Unit to Stone Canyon Industries Holdings LLC (“SCIH”), Mark Demetree and affiliates:

• Contract of sale of the Americas salt business for USD 3.2 billion signed
• Milestone in reducing debt significantly
• Clear focus on costs and cash flow as part of the realignment
• Solid financial basis for sustainable development of K+S

05.10.2020 (766 Clicks)

Francesca Ottoni joins Hatch to lead Hydropower Business in Ontario

Hatch announce the appointment of Francesca Ottoni to the role of Regional Manager, Waterpower. Based in Niagara Falls, the birthplace of Hatch’s nearly 100-year-old history in waterpower, Ottoni will lead Hatch’s world-class hydroelectric professionals based in Ontario.

05.10.2020 (681 Clicks)

Hatch and LTK confirm Integration Discussions

Hatch and LTK confirm that they are in the final stages of negotiating an integration of the two firms. These discussions have been very productive and both organizations agree that they are closely aligned with similar long-term goals and a desire to help their collective clients solve their toughest challenges.

05.10.2020 (710 Clicks)

Epiroc Partner Railcare launches battery-powered Railway Maintenance Vehicle

Stockholm, Sweden: Epiroc’s collaboration partner Railcare Group AB today launched the world’s biggest battery-electric railway maintenance vehicle, using an Epiroc-developed technology platform.

02.10.2020 (1036 Clicks)

Nerospec and SK Group sign JV: Nerospec SK enhances Mining Efficiencies with a complete Range of Digitalization Solutions

The South-African Nerospec Group and the German Schmidt Kranz Group have joined forces to implement flexible wireless automation and digitalization enabling its customers to be part of the 4th industrial revolution for connected mining.

02.10.2020 (696 Clicks)

BHP Apprenticeship Pledge and METS Business Support Package

BHP CEO Mike Henry announced BHP’s commitment to training and funding for 3,500 new Australian apprenticeship and training positions, and driving up to $450 million into (Australian dollars) supporting business opportunities in Australia’s mining, equipment, technology and services (METS) sector.

01.10.2020 (678 Clicks)

Coffey to provide Geotechnical and Environmental Services for Landmark Brisbane Waterfront Development

Coffey has been engaged by Dexus as the geotechnical and environmental advisor for the “Brisbane Waterfront” development - a $2.1 billion transformation of the Eagle Street Pier and Waterfront Place precinct into Brisbane’s premium business and leisure destination.

01.10.2020 (608 Clicks)

Fugro’s new Lithuanian Laboratory speeds up local Soil Testing

Fugro has opened a state-of-the art laboratory in Lithuania, boosting its soil testing capabilities in the region.

01.10.2020 (732 Clicks)

Copper Output from World’s top ten Producers declined in Q2 2020

Lockdowns across Chile, Peru and Mexico, including the closure of some of the world’s largest copper mines, were a key factor behind a 3.7% collective decline in copper output from the world’s top ten producers in Q2 2020, from 2.7 million tonnes (Mt) to 2.6Mt.

30.09.2020 (885 Clicks)

STRABAG further expands Water Supply Network in Ghana

• Follow-up order ensures clean drinking water for another 89,000 people in the Volta region
• Contract value of € 11.5 million

The European-based construction group STRABAG has begun work on the further expansion of the water supply network in the Volta region around 160 km northeast of Ghana’s capital of Accra. The project will provide another 89,000 people with access to clean drinking water. The contract is worth around € 11.5 million and is scheduled for completion by July 2022.

“This third project phase, like the first two, is being financed by an Austrian bank and secured by Oesterreichische Kontrollbank (OeKB) through a combined export guarantee. With so-called soft loans, sustainable projects being carried out by Austrian companies are financed at favourable terms. These are used as ‘door openers’ with the aim of generating follow-up business in the foreseeable future. We are pleased that we can contribute our expertise in water infrastructure to help improve Ghana’s water supply,” says Thomas Birtel, CEO of STRABAG SE.

The current contract is the third phase in a series of projects that has been running since the autumn of 2012 with an overall contract value of around € 27.5 million for the design, delivery and construction of a functionally safe water supply system including a drinking water treatment plant and a distribution network that will benefit a total of 170,000 people. This third phase comprises:

• 23 km of water supply lines
• 147 km distribution network
• 160 tapping points (standpipes for several houses for common use)
• three water towers with a volume of 50 m3 each
• one water tower with a volume of 160 m3
• one underground water reservoir (240 m3) with pumping station and photovoltaic system

OeKB financing guarantees highest safety and environmental standards

Soft loans, significantly more affordable than loans at market conditions, help to support the Austrian export industry with the aim of contributing to the sustainable development of structurally weak recipient countries. Funding is provided for developmentally sound projects that are not financially viable but which sustainably improve infrastructure, for example in the fields of healthcare, water, education or disaster control. Strict award criteria ensure that the highest safety and environmental requirements are met.

STRABAG SE is a European-based technology partner for construction services, a leader in innovation and financial strength. Our services span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by our specialised entities integrating the most diverse services and assuming responsibility for them. We bring together people, materials and machinery at the right place and at the right time in order to realise even complex construction projects – on schedule, of the highest quality and at the best price. The hard work and dedication of our more than 75,000 employees allow us to generate an annual output volume of around € 16 billion. At the same time, a dense network of numerous subsidiaries in many European countries and on other continents is helping to expand our area of operation far beyond the borders of Austria and Germany.