Machine Tools, Metalworking and metallurgy
POSCO Pohang Steelworks to resume producing semi-finished steel
* POSCO resumed the operation of the no. 4 and no. 2 blast furnaces as of September 12: the entire blast furnaces of Pohang Steelworks are under normal operation. * POSCO resumed the operation of the no.4 steel converter and has run an emergency shipment response team startingSeptember 12. ...
Nomination committee of AB SKF for the Annual General Meeting 2023
GOTHENBURG, Sweden, Sept. 13, 2022 /PRNewswire/ -- In accordance with a resolution taken at the Annual General Meeting of AB SKF, this is to announce the representatives of the four largest shareholders by number of votes, who, together with the Chairman of the Board, Hans Stråberg, constitute th...
FGS and G7 launch new commercial logistics vehicles fuel solutions that combine operational efficiency and carbon neutrality
BEIJING, Sept. 12, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that Future Gas Station (Beijing) Technology Ltd. ("FGS"), a subsidiary of two mainlandChina variable interest entities with contractual ties to the Company's subsidiary, Recon ...
SKF's Capital Markets Day to be held on 8 December 2022
GOTHENBURG, Sweden, Sept. 8, 2022 /PRNewswire/ -- SKF's Capital Markets Day (CMD) will be held on8 December 2022 from 11:00-16:00 at the Science Museum in London. During the day, investors, analysts, and financial media will be updated on SKF's strategic progress as well as the Group's financial ...
SKF issues its second Green Bond; raises EUR 400 million to finance green investments
GOTHENBURG, Sweden, Sept. 8, 2022 /PRNewswire/ -- SKF has issued its second Green Bond, which will raiseEUR 400 million to fund eligible green projects in accordance with the Group's Green Finance Framework. The Bond further connects SKF's business strategy and funding approach to the Group's sus...
SKF and Ovako reach milestone in journey towards net zero bearing production
GOTHENBURG, Sweden, Sept. 8, 2022 /PRNewswire/ -- A significant milestone has been reached in SKF's journey towards a net-zero value chain. Together with Swedish steel producer Ovako, SKF has produced a Spherical Roller Bearing (SRB) with 90% less emissions than its standard SRB bearing. The bea...
King Steel Joins Forces with Siemens to Bring Taiwan to the Forefront of Green Manufacturing
The Taiwanese manufacturing powerhouse and German multinational are partnering up to reduce carbon emissions and save energy in manufacturing processes TAICHUNG, Taiwan, Sept. 5, 2022 /PRNewswire/ -- Taiwan King Steel Machinery Co. and German multinational conglomerate Siemens have joined forces,...
Alleima trading on Nasdaq Stockholm commences
SANDVIKEN, Sweden, Sept. 3, 2022 /PRNewswire/ -- The shares of Alleima, a global manufacturer of advanced stainless steels, special alloys and heating systems for the most demanding industries, commence trading on Nasdaq Stockholm. This marks the start of Alleima as a fully independent company af...
XCMG's XR1600E, the World's Largest Rotary Drilling Rig, Rolls off the Assembly Line
XUZHOU, China, Sept. 1, 2022 /PRNewswire/ -- The XR1600E, the world's largest rotary drilling rig developed byXCMG (SHE:000425), has officially rolled off the assembly line. It was designed and put into production especially for large-scale bridge pile construction and offshore wind power piling ...
KONE partners Singapore Green Building Council to showcase five key innovations at Bex Asia 2022
SINGAPORE, Aug. 31, 2022 /PRNewswire/ -- KONE,
Cell Impact Forming™ demonstration line to be installed in Japan
STOCKHOLM, Aug. 31, 2022 /PRNewswire/ -- Cell Impact AB (Nasdaq First North GM:
CI) will set up a Cell Impact Forming™ flow plate demonstration line in Japan
in collaboration with leading Japanese auto parts supplier F.C.C. Co., Ltd.
Polyvision Corporation Names Wout Van de Broek Vice President of Global Operations
ATLANTA, Aug. 30, 2022 /PRNewswire/ -- Polyvision Corporation, a global leader in the innovation and manufacture of CeramicSteel, collaborative writing products and architectural panels for interior and exterior cladding, today announced the promotion ofWout Van de Broek to Vice President of Glob...
SKF announces changes to Group Management
GOTHENBURG, Sweden, Aug. 24, 2022 /PRNewswire/ -- SKF announces the appointment of Annika Ölme as CTO and Senior Vice President, Technology Development. Annika joins SKF from SAAB Radar Solutions, where she is CTO and Head of Engineering. Annika has also been Managing Director of Arcam, a subsidi...
Cancer treatment with the world's smallest rotating gantry began at Yamagata University in 2022: Taking on the challenge of global standardization of heavy ion therapy equipment
SINGAPORE, Aug. 24, 2022 /PRNewswire/ -- In the face of fierce competition among major heavy electric machinery manufacturers, Toshiba deliveredJapan's first rotating gantry for heavy ion cancer therapy using superconducting technology to the National Institutes for Quantum Science and Technology...
PEI-Genesis's Presence at Techno-Frontier in Tokyo Lifts Localization Services to New Level
TOKYO, Aug. 10, 2022 /PRNewswire/ -- PEI-Genesis, a global leader in the design and assembly of custom engineered interconnect solutions, made a splash at Techno-Frontier inTokyo, Japan, attracting the attention of many visitors and buyers. Techno-Frontier is a technology exhibition organized by...
SKF AND QUAKER HOUGHTON ENTER COLLABORATION TO DELIVER CIRCULAR USE OF OIL
SKF and Quaker Houghton (NYSE: KWR), the global leader in industrial process fluids, have entered into a new collaboration to offer industrial customers a fully circular use of industrial oil. GOTHENBURG, Sweden, July 21, 2022 /PRNewswire/ -- SKF has entered into a collaboration that will combin...
RECON ISSUES SHAREHOLDER UPDATE
BEIJING, July 20, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") announced today an update to investors and shareholders on the current state of its business, challenges facing its business, its current state of affairs and its plans for the future. Managemen...
SKF Half-year report 2022: Solid growth and increasing price realization helping to mitigate high cost inflation
GOTHENBURG, Sweden, July 20, 2022 /PRNewswire/ -- Rickard Gustafson, President and CEO: "Review of the second quarter In the second quarter we saw organic revenue growth above 5%, driven by a general strong demand in most regions, especially within targeted high-growth segments, a somewhat hig...
SKF announces changes to Group Management
GOTHENBURG, Sweden, July 20, 2022 /PRNewswire/ -- SKF announces the following changes to Group Management: Patrick Tong, President, China and Northeast Asia, is retiring from SKF. Patrick joined SKF in 1989 and he will remain in his role during the third quarter, to ensure a handover to his succ...
PABLO AIR & 7-ELEVEN, Opening of Korea's First Convenience Store Drone Delivery Station
- Pre-commercialization pilot operation…Travel distance of approximately 1 km, or 3 minutes, from takeoff to landing - PABLO AIR sets standard for domestic drone logistics delivery INCHEON, South Korea, July 19, 2022 /PRNewswire/ -- PABLO AIR (CEO Kim Young-Joon), a member of the Born2Global Cen...
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