Machine Tools, Metalworking and metallurgy

Galaxie Corporation Commissioned to Sell Assets of Major Spiral Welded Steel Pipe Producer in Turkey

ANKARA, Turkey, Aug. 23, 2023 /PRNewswire/ -- Emek Boru, a large spiral welded steel pipe producer for the oil, gas, construction, water, and waste transmission industries, is selling all of its major assets at its plant in Ankara, Turkey. Emek Boru commissioned Galaxie Corporation, a company from...

2023-08-23 02:44 1642

Building a Quantum-Secure Future with Toshiba

SINGAPORE, Aug. 15, 2023 /PRNewswire/ -- Quantum computers have the potential to decrypt sensitive data transmitted across ordinary networks, posing a threat to the security of the digital economy. Industries with sensitive and long-lasting data, such as financial services, are particularly at ri...

2023-08-15 10:00 2294

Pebsteel Continues to Lead the Industry in Pre-Engineered Steel Construction

HO CHI MINH, Vietnam, Aug. 10, 2023 /PRNewswire/ -- Pebsteel, the global enterprise specializing in providing solutions for Pre-engineered Buildings and Structural Steel, reaffirms its position as the leading brand in the industry. With its core competencies and unwavering commitment to customers...

2023-08-10 10:52 2022

TTI DELIVERS SOLID 2023 FIRST HALF RESULTS

HONG KONG, Aug. 9, 2023 /PRNewswire/ -- Global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment,Techtronic Industries Co. Ltd. ("TTI" or the "Group") (stock code: 669, OTCQX: TTNDY, TTNDF) is pleased to announce its results for the six months endedJune 30, 2023. The ...

2023-08-09 21:05 3752

SANY Engineering Vehicles Unveils New Range of Intelligent New Energy Dump Trucks

CHANGSHA, China, Aug. 7, 2023 /PRNewswire/ -- SANY Engineering Vehicles Business Division, ("SANY Engineering Vehicles") a department of SANY Group ("SANY") focusing on the production of new energy vehicles, has unveiled its entire range of new products, injecting fresh energy into the new energy...

2023-08-07 11:13 1807

Zoomlion Safeguards Constructions Amid Rising Global Temperatures This Summer

CHANGSHA, China, July 27, 2023 /PRNewswire/ -- As global temperatures continue to break records, Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") is supporting global customers to safeguard constructions in the summer season through its innovative technologies and pioneering se...

2023-07-27 16:12 2382

SANY: Demonstrating Their Commitment to Sustainability in Africa

BEIJING, July 26, 2023 /PRNewswire/ -- The third China-Africa Economic and Trade Expo was held in Changsha fromJune 29th to July 2nd, where 53 African countries, 12 international organizations, and over 1500 exhibitors gathered, driving Sino-Africa economic and trade cooperation development. SANY...

2023-07-26 20:11 2041

SKF Half-year report 2023: Strong sales, profit, and cash flow

GOTHENBURG, Sweden, July 19, 2023 /PRNewswire/ -- Rickard Gustafson, President and CEO: "I'm pleased to report that our strategic transformation continues at a high pace, clearly reflected by a strong set of numbers in the second quarter. In the quarter, we saw record high net sales, adjusted op...

2023-07-19 14:21 2005

XCMG Machinery Releases HANYUN OS 2023, Empowering New Industrialization with Intelligent and Digital Transformation

XUZHOU, China, July 14, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has officially released the HANYUN OS 2023 at the 2023 Industrial Internet Conference, marking a new milestone for XCMG HANYUN as it embarks on a journey of innovation on digitalization, and sustainable solutions wit...

2023-07-14 14:30 3557

SKF divests coolant pumps operations

GOTHENBURG, Sweden, July 12, 2023 /PRNewswire/ -- SKF has signed an agreement to divest Spandau Pumpen to EBARA Pumps Europe S.p.A, a group company of the global industrial machinery manufacturer EBARA CORPORATION. Spandau Pumpen is focused on coolant pumps in SKF's lubrication business. The div...

2023-07-12 15:40 1946

SKF and Sinoma Nitride accelerate large-scale application of hybrid ceramic ball bearings

GOTHENBURG, Sweden, June 29, 2023 /PRNewswire/ -- SKF and Sinoma Nitride, an industry-leading developer and producer of silicon nitride materials and ceramic balls, have entered into a Joint Venture (JV) contract to deepen their cooperation within hybrid ceramic ball bearings. The cooperation is ...

2023-06-29 16:08 1935

EGO Announces New Partnership with John Deere

* Partnership enables EGO branded battery products to be sold through John Deere dealers * Chervon and John Deere will collaborate on future product development NAPERVILLE, Ill., June 28, 2023 /PRNewswire/ -- Chervon, the parent company of EGO and a leading global player in the Outdoor Power ...

2023-06-28 20:00 2386

Ping An Bank Grants First Loan to Pioneering CCUS Project amounted RMB 180 million in China's Steel Industry

Supporting Technological Transformation for Carbon Neutrality HONG KONG and SHANGHAI, June 27, 2023 /PRNewswire/ -- Ping An Bank, a subsidiary of Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318), has disbursed the first installment of a loan to Ba...

2023-06-27 13:23 3402

XCMG Machinery Introduces Super 35m³ Electric Shovel Excavator for Open Pit Mining

XUZHOU, China, June 20, 2023 /PRNewswire/ -- XES35, a next-generation super 35m³ electric shovel excavator developed by XCMG Machinery ("XCMG", SHE:000425) for open pit mining operations has successfully rolled off the assembly lately in Xuzhou,China. Powered by multiple technological upgrades to...

2023-06-20 11:47 2795

SKF signs EUR 800 million multicurrency revolving credit facility

GOTHENBURG, Sweden, June 16, 2023 /PRNewswire/ -- SKF has successfully signed a EUR 800 million multicurrency revolving credit facility. The facility has a tenor of five years with two one-year extension options, and it will serve as a back-up liquidity facility for general corporate purposes. It...

2023-06-16 15:27 1965

Hypertherm Associates announces CorePlus gas connect console for XPR cutting systems

HANOVER, N.H., June 14, 2023 /PRNewswire/ -- Hypertherm Associates, a U.S. based manufacturer of industrial cutting systems and software,today announced the launch of CorePlus™, the gas connect console for XPR® X-Definition® cutting systems.

2023-06-14 15:34 2426

The 14th DN Solutions International Machine Tool Fair (DIMF) wraps up successfully after showcasing the future of machine tools

SEOUL, South Korea, June 12, 2023 /PRNewswire/ -- The 14th DN Solutions International Machine Tool Fair (DIMF) ended in success after showcasing the latest machine tool technology as well as the future direction of machine-tool digitalization. DN Solutions announced that DIMF 2023, held at BEXCO...

2023-06-12 10:59 2924

SKF to phase out its own fossil gas use with a SEK 3 billion decarbonization investment frame

GOTHENBURG, Sweden, June 9, 2023 /PRNewswire/ -- SKF has decided to allocate SEK 3 billion to meet its energy and decarbonization goal by 2030, which is a key element of the Group's strategy. The Group has also decided to ban any fossil fuel investments in its own operations, as well as to replac...

2023-06-09 14:48 2839

Ponsse to become first forest machine manufacturer to use SSAB fossil-free steel

VIEREMÄ, Finland, June 1, 2023 /PRNewswire/ -- SSAB and Ponsse Plc, one of the world's largest manufacturers of cut-to-length forest machines, have joined forces in a partnership in which SSAB is to deliver fossil-free steel to Ponsse gradually beginning in 2026. This partnership will further so...

2023-06-01 16:25 1979

SKF establishes global Product Category Rules for bearings to quantify environmental impact

GOTHENBURG, Sweden, June 1, 2023 /PRNewswire/ -- Product Category Rules (PCR) for the bearing industry, initiated and driven by SKF, have been approved by The International EPD System. This will enable bearing purchasers to make more informed and sustainable choices, while also promoting greater ...

2023-06-01 14:57 2147
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