Lane of Salini Impregilo Group has won two highway contracts in North Carolina worth a combined $460 million as the Group continues to affirm its expertise and expand its presence in the United States, its single biggest market by revenues.
Renewed confidence in the resources sector is translating into an increase in exploration investment across all commodities, with the coal industry enjoying the biggest surge, a new report from the Queensland Exploration Council (QEC) has found.
For the first time since the crisis years after 2013, there will be an increase in the turnover generated by the mining equipment manufacturers producing in Germany this year. VDMA expects an increase of 12 per cent to nearly EUR 3.1 billion in 2018, with further growth expected for the coming year.
Sika Peru has opened new headquarters in the metropolitan area of Lima and introduced a modern plant for the production of concrete admixtures, mortar products, and acrylic liquid applied membranes (LAM). With this new plant, Sika is tripling its production capacities and strengthening its market position in Peru.
Sika has acquired the global Concrete Fibers business from Propex Holding, LLC, which includes a US plant manufacturing synthetic fibers for use in concrete reinforcement, sales operations in Sika's three geographical regions, and a strong brand. The acquired business is a perfect addition to Sika's concrete systems for high value-added solutions required in the construction of high-rise buildings and demanding infrastructure projects. The acquired business generates annual sales of CHF 30 million.
Carey Smith named Chief Operating Officer
New data from the Australian Bureau of Statistics has shown the true scale of resources investment and the huge dollar value it has added to the Australian economy in the last 25 years.
India’s growing appetite for coal arising from a burgeoning coal-fired power sector will drive demand for coal globally, albeit marginally, says leading data and analytics company GlobalData.
Sika is expanding its presence in Kazakhstan and strengthening its position in two of the country's growth regions. To reinforce existing production operations in Almaty in the southeast of the country, Sika is simultaneously commissioning two further concrete admixture production plants, one in the capital Astana and the other in Atyrau in the west.
Salini Impregilo CEO Pietro Salini: "Africa needs a long-term vision to build infrastructure for the future."
Sika is developing its operations in the United Arab Emirates (UAE) with the opening of a new factory in Dubai. An existing production facility for concrete admixtures has been relocated to the new site and expanded. A state-of-the-art mortar facility and a reactor for producing polymers have been installed and will constitute the basis for the production of high-performance concrete admixtures. Furthermore, the new facility will play a strategic role as a sales and distribution center for the region.
The Salini Impregilo Group's Lane Construction Inc. announced the signing of a contract for the cash sale of Lane’s Plants & Paving division to Eurovia SAS, a company of the Vinci Group, for a total of $555 million.
Normet posted a very strong first half of year 2018. Turnover grew by 24% and earnings before depreciations and amortizations (EBITDA) more than doubled in comparison to the same period in 2017. Full year 2018 forecasts for both turnover and earnings have been increased.
A milestone in Western Australia marks industry-leading 12th LNG train in under four years
The Executive Board of the technology company Continental decided to undertake one of the largest organizational realignments in the company’s history. In doing so, the Dax-listed company will continue to grow faster than its relevant markets and take full advantage of new potential for expansion in the key future areas of mobility.
New company founded in Bahrain
Ville Pasanen (45), M. Sc (Econ), has been appointed as Chief Financial Officer for Normet Group. The appointment is effective September 1st, 2018. Ville will be based at Normet Espoo office.
SSAB Special Steels is aiming for 1.35 million tonnes of shipments by 2020. Part of this will come from upgrading but expanding sales in emerging markets will also play an important role in achieving this aim. Latin America is one potential geographical area for growth. We want to maintain and strengthen our position as the global leader in wear, structural, protection and tool steels as well as in related value-added services.
Keliber has submitted a supplement for the EIA program of the lithium chemical plant to the coordinating authority.