21.02.2023

GlobalData report – Energy transition drove 25 Prozent of the top 20 M&A deals in mining in 2022

Energy transition was the key driver behind 25% of the top 20 mergers and acquisitions (M&A) deals in mining in 2022, as the industry responded to consumer and shareholder demand for portfolio diversification and sustainability, says GlobalData, a leading data and analytics company.  

21.02.2023

H.C. Starck Tungsten Powders addresses growing additive manufacturing segment with dedicated trademark

H.C. Starck Tungsten Powders, a subsidiary of Masan High-Tech Materials Group, now offers special tungsten powders and complementary innovation services for 3D printing under the trademark starck2print®. High flowability and optimized particle size distribution make the powders particularly suitable for additive manufacturing processes such as powder bed-based laser beam melting (LPBF) or selective electron beam melting.  

21.02.2023

SNC-Lavalin secures Delivery Partner role for THE LINE, NEOM’s flagship urban development in Saudi Arabia

SNC-Lavalin, a fully integrated professional services and project management company with offices around the world, has been appointed as a Delivery Partner organization for THE LINE at NEOM in the Kingdom of Saudi Arabia. A civilizational revolution that will have no roads, cars, or carbon emissions, THE LINE is set to provide an unprecedented urban living experience.

A linear development, THE LINE, once completed, will be a 170-kilometers long and 200 meters wide cognitive city run on 100% clean energy. It will eventually accommodate nine million residents and is being built on a land area of just 34 square kilometers – a footprint unheard of when compared to other cities of similar capacity. Designed around nature rather than over it, THE LINE will be surrounded by large world-class protected areas as 95% of the surrounding NEOM region will be protected for conservation.

SNC-Lavalin has been awarded a five-year contract under a framework agreement for consultancy services on THE LINE. In collaboration with NEOM and other Delivery Partner organizations, SNC-Lavalin will provide project and construction management consultancy services for the design, procurement, construction, testing and commissioning of the project, together with the management of the critical interfaces that the linear city shares with adjacent NEOM projects and logistics. The project has adopted a highly collaborative delivery model in response to its scale, complexity, supply chain and requirements for innovation.  

“With a vision for engineering a sustainable society, SNC-Lavalin is committed to helping governments and the private sector meet their Net Zero targets by providing our global expertise and world-class sustainability solutions,” said Ian L. Edwards, President and Chief Executive Officer, SNC-Lavalin. “THE LINE is a central component of NEOM, which itself is one of the largest projects under Saudi Vision 2030. The linear, cognitive city will play a significant role in helping NEOM accelerate the Kingdom’s economic diversification agenda by redefining the urban living experience, boosting tourism, and creating job opportunities for the people of Saudi Arabia.”

THE LINE offers a new approach to urban design. The idea of layering city functions vertically while giving people the possibility of moving seamlessly in three dimensions (up, down or across) to access them is a concept referred to as ‘Zero Gravity Urbanism.’ The development’s infrastructure will be embedded with sustainable, smart technology containing essential utilities and transportation services, generating car-free communities and public realms.

“THE LINE is a truly ground-breaking, world-first project and we are proud to have the opportunity to bring our global engineering, digital and Net Zero expertise to help create a lasting legacy for the Kingdom and its people,” said Philip Hoare, President, Engineering Services, UK & Europe, Middle East, India and Canada, SNC-Lavalin. “As a Delivery Partner organization, we will work closely with NEOM and our partners to seamlessly connect people, data and technology to drive innovation, value, efficiency and certainty on the project. Our combined intent is to radically transform the way major infrastructure projects are delivered and THE LINE, with its vision and complexity, provides a great opportunity to demonstrate what our industry can achieve.”

Globally, SNC-Lavalin has developed the ‘Engineering Net Zero’ (ENZ) program, which focuses on leading the engineering industry to achieve Net Zero Carbon as rapidly as possible, by helping clients manage climate risks and build climate resilience. Through its consulting, advisory and environmental services, the Company is also helping clients to unlock project value and transform outcomes by adopting advanced real-time data analytics, machine learning and AI, to enhance prioritization of tasks, support earlier decision making and enhance collaboration.

With a steadfast commitment to supporting Saudi’s economic growth, SNC-Lavalin has expanded its local presence in the Kingdom with regional offices in Riyadh, Jeddah, and Al Khobar, supporting clients in buildings and places, transportation, energy and water sectors. Some of the Company’s key projects in Saudi Arabia include Diriyah Gate, Six Flags Qiddiya theme park, Riyadh Metro, and King Abdulaziz International Airport.

Source: SNC Lavalin

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17.02.2023

Webuild completes acquisition of Clough in Australia and Papua New Guinea

Clough announces that from February 16, 2023, Webuild has acquired 100% of the ownership of Clough in Australia and Papua New Guinea.  

16.02.2023

GSP new in the GuD Group of Companies

Since January 2023, the Mannheim-based GSP (Gesellschaft für Schwingungsuntersuchungen und dynamische Prüfmethoden mbH - Engineering Consultants for Vibration Analysis and Dynamic Testing Methods ), founded by Dr.-Ing. Oswald Klingmüller in 1991, has been part of the GuD group of companies. GSP's fields of activity include dynamic pile testing at home and abroad (onshore and offshore) as well as vibration measurements in the field of immission control and structural dynamic calculations.