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.
MAT Mischanlagentechnik has been delivering state-of-the-art mixing and separation technology for over 25 years. Since April 1, 2018, the branch office of Bauer Maschinen GmbH has been operating under the new name Bauer MAT Slurry Handling Systems, underscoring its affiliation with the international Bauer Group.
Sika is continuing to expand its production capacity in West Africa with the opening of a concrete admixture factory in Senegal. The new plant is the first in the country and will be further expanded with the addition of a mortar production facility in due course. With a total of 19 national subsidiaries and 20 factories, Sika has a strong presence in Africa.
Queensland’s resources sector is powering jobs growth across the State with Australian Bureau of Statistics (ABS) data showing an increase of close to 10,000 jobs in the February quarter.
According to the final business figures for 2017, SMT Scharf AG (WKN 575198, ISIN DE0005751986) has achieved significant growth in its revenue and results over the past fiscal year. SMT Scharf increased its consolidated revenue significantly by 22.6% to EUR 52.1 million (2016: EUR 42.6 million). At the same time, the company achieved an operating result (EBIT) of EUR 4.5 million (2016: EUR 2.5 million), which reflects growth of 84.2%. All in all, SMT Scharf raised its consolidated net profit substantially to EUR 4.0 million year on year (2016: EUR 1.5 million).
From June 19 till June 22, the 25th anniversary World Mining Congress will be held in Astana. Such large-scale event of world significance is held for the first time not only in Kazakhstan, but also in the territory of CIS. Kazakhstan was chosen not casually for anniversary WMC. Country's resources are a rich mineral resource base: 99 elements of periodic table are found in internal parts of the earth, 5000 active deposits, more than 60 elements are used in production.
Salini Impregilo’s U.S. subsidiary, The Lane Construction Corporation, has won a $181-million design-and-build contract to widen Interstate 85 (I-85) in Cherokee County, South Carolina, confirming their leadership in the road and highway sector in the United States where Lane registered a 16.1% rise in revenues and a record order backlog of €3 billion in 2017.
Sika is laying the foundation for further growth in Central America by establishing a national subsidiary in Honduras. With the new subsidiary customers will benefit from faster supply of Sika products and solutions as well as an expanding product range.