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20.10.2020 (804 Clicks)

Hochtief Subsidiary Cimic enters Sale Agreement with Elliott for 50% of Thiess

• Valuing Thiess at AUD 4.3 billion (100% enterprise value)
• Realizing cash proceeds of AUD 1.7 billion to AUD 1.9 billion to Cimic

20.10.2020 (1245 Clicks)

New Integration advances the Planning, Design and Development of Urban Environment

RobertsDay has joined the Hatch group of companies bringing together Australian thought leaders in urban solutions with global experts in infrastructure, engineering and construction.

20.10.2020 (693 Clicks)

Fugro completed a Piping Research Project in Cooperation with the Friesland Water Authority and Deltares

The research investigated the erosion of tidal sand in protective sea-dikes along the Wadden Sea coast in the Dutch province of Friesland and represents a significant development in the Dutch Flood Protection Programme. Water seeping through the dike has the potential to develop tiny channels (piping) that wash sand away and could cause the dike to fail. This critical research aims to identify conditions that influence this mode of dike failure, particularly during periods of high water.

20.10.2020 (769 Clicks)

Hatch announces new Director of Smart Port Strategy

Hatch welcomes Michael Houen as director of smart port strategy.

20.10.2020 (742 Clicks)

Skanska to upgrade Gråsjø and Trollheim Hydro Electric Power Plant Dams in Norway

Skanska signed a contract with Statkraft Energi AS for the refurbishment and upgrade of four dams and one flood gate. The contract is worth NOK 508 M, about SEK 485 M, which will be included in the Nordic order bookings for the third quarter 2020.

20.10.2020 (696 Clicks)

Congratulations: 100 Years Halbach & Braun!

100 years of innovative, reliable and customized technology from Halbach & Braun!

We are very proud to celebrate our 100th company anniversary.

Halbach & Braun is well-known worldwide for innovative and sustainable mining, equipment for open pits, quarries and much more. 100 years of experience and, above all, high-quality and reliable solutions, adapted to the demands of our customers, have been and still are the most important prerequisites for our success. We have always been able to meet the high demands of our customers and will continue to do so in the future.

19.10.2020 (586 Clicks)

GeoTHERM moves to June 2021

The date is set. The GeoTHERM changes its date and will take place on June 24th + 25th 2021 at the Exhibition Center Offenburg.

16.10.2020 (611 Clicks)

Liberty Steel Group makes an offer to acquire Thyssenkrupp Steel Europe

Liberty Steel Group, part of sustainable industry leader GFG Alliance, has today announced that it has made a non-binding indicative offer (NBIO) as part of a Thyssenkrupp-led process to acquire the steel activities of Thyssenkrupp. Liberty Steel is a global steel and mining business with annual revenues of about US$ 15 bn/ € 13 bn and 30,000 employees in more than 200 locations on four continents.

With both transformation experience and an entrepreneurial approach, a possible combination of Liberty Steel and Thyssenkrupp Steel would create a strong group well positioned to tackle the challenges faced by the European steel industry and accelerate the transformation to Greensteel.

Liberty Steel is convinced that a combination with Thyssenkrupp Steel Europe can be the right answer from an economic, social, and environmental perspective.

From an economic perspective, there is potential for a compelling industrial concept given that the businesses are complementary with respect to assets, product lines, customers, and geographic footprint.

From a social perspective, Liberty Steel stands for a long-term commitment to the industry and jobs reflecting the values of a family-owned company. At Liberty Steel we are convinced that change needs to happen in partnership with employees. Liberty Steel has repeatedly proven to turn around businesses in a way that is loyal to local communities and saves jobs.

From an environmental perspective, Liberty Steel is a leader in sustainable industry with a mission to become Carbon Neutral by 2030. But to transform a whole industry a European approach is required. A joint entity would be well positioned to create the sustainable Greensteel industry leader in Europe. We would thereby contribute to the long-term recovery of the sector and the EU’s green deal.

Liberty Steel’s current proposal is a non-binding indicative offer subject to certain assumptions about the business. The NBIO is supported by a number of financial institutions. Given the opportunity to proceed in the transaction process, Liberty Steel is open to intensify the dialogue with Thyssenkrupp and would like to engage in further due diligence to present a potential binding offer.

The discussions with Thyssenkrupp have been conducted on a non-exclusive basis, and there is no certainty that the discussions will lead to any agreement or transaction.

The terms of a potential binding offer could deviate from the current non-binding offer. Should the discussions materialize in any relevant agreement between the companies, Liberty Steel will publish further information on the matter in due course.

Source: Liberty Steel

                     

16.10.2020 (640 Clicks)

Tried and Tested Robbins TBM and Conveyor complete Ohio River Tunnel

A 6.5 km (4 mi) long tunnel for wastewater storage below Louisville, Kentucky, USA has more to it than meets the eye. “At first glance, this seems like a straightforward project, but it turned out to be much more challenging,” said Shemek Oginski, Project Manager for the contractor, a joint venture of Shea/Traylor. The 6.7 m (22 ft) diameter Robbins Main Beam TBM and conveyor system had to cope with overstress in the crown that resulted in significant rock fallout in seven different areas, as well as methane gas in the tunnel. By the machine’s breakthrough on September 22, 2020, the crew had much to celebrate.

16.10.2020 (700 Clicks)

Solmax launches online Geosynthetic Drainage Tool for Design Engineers

Geosynthetics play a vital role in the containment of solid and liquid waste in landfills, mining, energy, construction and oil & gas applications. To help design engineers accurately specify the materials needed, Solmax has launched an important online resource for engineers – its Geosynthetic Drainage Tool.