Machine Tools, Metalworking and metallurgy
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
3825
Recon Technology, Ltd Awarded a RMB6.1 Million Contract for Ground Control Project in Deep Shale Gas Field
BEIJING, June 7, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that Nanjing Recon Technology Co., Ltd ("Nanjing Recon") has been awarded a contract worthRMB 6,104,000 (or USD 1.0 million) for the Ground Control Project in the Deep Shale Gas F...
2023-06-07 20:30
5046
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
3057
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
3239
SKF consolidates manufacturing in Europe, proposes to close factory in Luton
GOTHENBURG, Sweden, June 1, 2023 /PRNewswire/ -- SKF today announces a consolidation of its spherical roller bearing manufacturing to secure the long-term competitiveness on the European markets. The consolidation is also in line with the Group's strategy to invest in automation and regionalizati...
2023-06-01 01:00
3522
Lockheed Martin to Feature Kennametal Tools in Machining Guide
Kennametal's HARVI end mills recognized in the industry for aerospace tooling excellence PITTSBURGH, June 1, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that its HARVI™ solid carbide end mills will be included as a preferred product in Lockheed Martin's internal machining g...
2023-06-01 00:41
4965
CAMX and Umicore sign non-exclusive IP licensing agreement on NMC battery technology
LEXINGTON, Mass., May 30, 2023 /PRNewswire/ -- Umicore and CAMX Power LLC (CAMX) announce that Umicore has obtained a non-exclusive intellectual property license under CAMX's GEMX® platform of nickel-based high-energy, high-power cathode active materials for use in lithium-ion batteries, especial...
2023-05-30 20:00
4085
XCMG's 5th International Customer Festival Showcases the Latest Excavator Product Lineup
XUZHOU, China, May 26, 2023 /PRNewswire/ -- On May 16, 2023, XCMG (SHE: 000425), the world's top three construction machinery manufacturers, inaugurated its 5th International Customer Festival with a captivating opening ceremony held at its production facility for excavating machines. The event ...
2023-05-26 12:13
5261
SKF announces changes to Group Management to further strengthen its commercial focus
Three new appointments are made in SKF Group Management aiming to further strengthen its commercial focus in the company's journey towards increased profitable growth. A new position is also created to drive strategic sales and portfolio management. GOTHENBURG, Sweden, May 25, 2023 /PRNewswire/ ...
2023-05-25 17:00
3252
Hardox® HiAce Unveils Recycling Corrosive Wear Solutions at N-Expo, Tokyo
TOKYO, May 23, 2023 /PRNewswire/ -- SSAB
2023-05-23 08:00
4284
bedra Vietnam Attends FABTECH Mexico 2023 with its Full Lineup of Copper Alloy Wires and Rods
MEXICO CITY, May 22, 2023 /PRNewswire/ -- bedra Vietnam Alloy Material Co., Ltd. ("bedraVietnam"), a subsidiary of the international manufacturer of high-quality precision wires of non-ferrous metals, Berkenhoff GmbH, presented at FABTECH Mexico 2023 to showcase its innovations in precision alloy...
2023-05-22 17:19
4493
SKF invests in magnetic bearing manufacturing to meet increasing demand
GOTHENBURG, Sweden, May 22, 2023 /PRNewswire/ -- SKF is increasing its technical and manufacturing capabilities within magnetic bearings through an investment totalingSEK 50 million in a new manufacturing site in Tangier, Morocco. The new site will ramp up operations during the second quarter an...
2023-05-22 14:57
3603
SANY Heavy Industry and Shenglong Metallurgical Establish Strategic Partnership to Drive Green Transformation in Steel Industry
CHANGSHA, China, May 19, 2023 /PRNewswire/ -- SANY Heavy Industry ("SANY", SSE: 600031), a leading global heavy machinery manufacturer, recently held a signing ceremony during which the company reached a strategic partnership with Guangxi Shenglong Metallurgical Co Ltd (Shenglong Metallurgical). ...
2023-05-19 10:39
6484
XAG debuts P100 Pro Agricultural Drone at BEYOND Expo 2023
MACAU, May 18, 2023 /PRNewswire/ -- XAG, the world's leading agricultural drones and smart agriculture solutions provider, launched its new generation agricultural drone, the P100 Pro, at the BEYOND Expo 2023. The company's co-founder,Justin Gong, revealed that the P100 Pro is set to empower farm...
2023-05-18 10:31
3948
SKF and Wolong cooperate to increase competitiveness in electric drive products
GOTHENBURG, Sweden, May 17, 2023 /PRNewswire/ -- SKF and Wolong Group, the Chinese global manufacturer of motor and drive solutions, have signed a memorandum of understanding to explore the possibilities of entering a strategic cooperation focused on the promotion and application of magnetic bea...
2023-05-17 14:48
3277
Tyvok Launched New Spider X1 on Kickstarter -- Supports Larger Formats Engraving & Cutting with Y-Axis extendable & X-Axis expandable
NEW YORK, May 9, 2023 /PRNewswire/ -- Spider X1 launched on MAY 9th, 9: 00 AM EST on Kickstarter. The world's first DIY engraving machine that provides super large work area let users to fulfil big size engraving and cutting projects in an efficient and uninterrupted way.Standardized and modular ...
2023-05-09 20:55
2619
DEKRA increases revenue and transforms for the future
Goals for 2022 achieved * Global revenue grows by 7.4% to 3.8 billion euros in the fiscal year 2022 * Investments rose by around one-third, reaching 143 million euros * Test services for EV batteries and charging infrastructure in high demand * Over 500 service offerings for sustainable bus...
2023-05-08 11:11
3118
Recon Receives NASDAQ Notification Regarding Minimum Bid Requirements
BEIJING, April 28, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that onApril 27, 2023, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price ...
2023-04-29 04:30
7254
Announcement of change in the total number of votes in AB SKF
GOTHENBURG, Sweden, April 28, 2023 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 28 April 2023, the Company's share capital amounts to SEK 1,138,377,670 and the total number ...
2023-04-28 15:02
3226
SKF First-quarter report 2023: Strong organic sales and positive margin trend
GOTHENBURG, Sweden, April 27, 2023 /PRNewswire/ -- Rickard Gustafson, President and CEO: "Review of the first quarter I'm pleased to report a solid quarter with strong organic sales growth and a record high adjusted operating profit for a first quarter. In the period, we delivered an organic sa...
2023-04-27 14:55
3051
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