- January-June: Sales down by 20%
- Better Performance in the second half Year (-8.7%)
- and Restart in 2021
Every country has its own cultural, social and linguistic features. In order to optimally react to the demands of the respective markets, Bauer Spezialtiefbau GmbH has always relied on local subsidiaries to make its specialist foundation engineering expertise and know-how available around the world – and this includes the Philippines, where Bauer can this year look back on 25 successful years.
Komatsu Ltd. announced that Komatsu has launched hydraulic excavators*1 equipped with the in-house developed KomVision Human Detection & Collision Mitigation System as a standard feature for the first time in the industry in the Japanese market.
After the UK left the European Union on 31 January, GlobalData asked the readers of Mining Technology to vote on what they expected Brexit’s effect on the UK mining industry to be. According to the 2,094 respondents, 29% saw the move as strongly positive, 28% strongly negative, 16% slightly negative, 10% slightly positive and 17% neutral.
GlobalData’s Mining Technology writer Yoana Cholteeva comments: “Brexit has already had a significant effect on the UK mineral industry. Market conditions and the ongoing uncertainty surrounding Brexit saw UK-based operator Sirius Minerals cancel a US$500m bond sale to finance its polyhalite Woodsmith project in North Yorkshire in September 2019, a mining project which would have become the biggest in the UK.
Orica announced that it is to acquire Exsa, Peru’s leading manufacturer and distributor of industrial explosives.
Salini Impregilo enters the Norwegian market for the first time with the signing of a €388-million civil works contract to upgrade a 13.6-kilometre section of a rail line between the towns of Nykirke and Barkaker south of Oslo. The contract is the latest effort by the Group to expand in countries that are investing in infrastructure and carry a lower risk profile, such as Australia and the United States.
Sika is expanding its production capacities in Southeast Europe by bringing a further mortar facility as well as a warehouse for raw materials and end-products on stream at its Simanovci site in Serbia. The plant, which is located near Belgrade, has been continuously expanded in recent years to keep pace with the dynamic development experienced by the region’s construction sector and strong Sika growth.
Sika is starting operations at a plant in Doha, Qatar, for the production of concrete admixtures. The country on the east coast of the Arabian peninsula is an attractive market thanks to large-scale infrastructure investment and a number of mega projects, both ongoing and planned.
Sika is developing its mortar plant in Alexandria, Egypt, and investing in additional production lines. This expansion will bring its capacities into line with the rising demand from the booming construction market. Egypt has one of the largest populations of all the countries in the region, with some 100 million inhabitants and a thriving construction industry.
Superior Industries Inc., a U.S. based manufacturer and global supplier of bulk material processing and handling systems, says industry veteran Cary Octavio is its new territory sales manager for conveyor components in the Northeast United States. Octavio comes to Superior after almost 30-years of sales and service in bulk material handling markets.
Sika has agreed to acquire Arcon Membrane Srl, a leading manufacturer of roofing and waterproofing systems in Romania. By acquiring Arcon, Sika will significantly strengthen its position in the Romanian market and extend its product portfolio to meet the increasing demand for complete solutions in the roofing and waterproofing markets. The acquired business generates annual sales of CHF 23 million. The transaction is subject to approval by the Romanian anti-trust authority.
Sika has opened a new production plant in Central America, located in Palin in the metropolitan area of Guatemala City. This move further expands the company's market position in the emerging countries of the region. The portfolio of locally manufactured products includes concrete admixtures, mortars, and liquid applied membranes, which will be used to supply the neighboring countries of Honduras and El Salvador as well as the domestic market.
SNC-Lavalin has been closely following developments in regards to the media coverage and commentary of the dispute between Canada and the Kingdom of Saudi Arabia, resulting in the suspension of new trade with Canada. We have had questions from investors, analysts and media, and therefore, in accordance with our disclosure practices, we are giving this update.
Virginia Grebbien, Parsons Corporate Executive Vice President & Chief of Staff, joins Los Angeles Mayor Eric Garcetti, City Council Members as well as business and civic leaders this week on a trade mission to Asia. Ms. Grebbien joins the delegation for meetings in Vietnam and Hong Kong.
Elkuch Bator AG Switzerland and ATA Hill & Smith AB Sweden enter a cooperation agreement for the development of the Swedish and Norwegian tunnel markets.
Dywidag-Systems International and Liuzhou OVM Machinery Co (OVM) sign a production joint venture and establish a sales joint venture between Dywidag-Systems International, OVM, Xinergy GmbH and EZ corp.