Machine Tools, Metalworking and metallurgy
SKF magnetic bearings enable more sustainable production of compressed air
GOTHENBURG, Sweden, Oct. 10, 2022 /PRNewswire/ -- SKF's magnetic bearings, which can rotate at up to 50,000 rpm are now playing a key role in reducing CO2 emissions across a range of industrial applications, including compressors. SKF's magnetic bearing technology has been selected by Finnish cle...
SSAB Initiates Cooperation With Schlam In Promoting Fossil-free Steel, Market Products to Reduce CO2 Footprint
The two organizations aiming to transform the steel industry sustainability MELBOURNE, Australia, Oct. 5, 2022 /PRNewswire/ -- SSAB, the leading global Swedish steel company has entered an agreement with Schlam, a world-class Australian mining equipment and engineering services provider, that wil...
DEKRA's new testing center for renewable energy in China
Solar Testing Lab Opens in Shanghai SHANGHAI, Sept. 30, 2022 /PRNewswire/ -- DEKRA recently inaugurated a new testing center for renewable energy inShanghai, China. With this step, the global expert organization is meeting the growing demand from the Chinese solar industry for high-quality testi...
Bahrain's Electricity and Water Authority tenders landfill remediation project in preparation for a 100 MW solar farm
MANAMA, Bahrain, Sept. 29, 2022 /PRNewswire/ -- Bahrain's Electricity and Water Authority (EWA) launched its tendering process to appoint a qualified contractor to remediate a two square kilometre landfill site to prepare the plot for the development and implementation of a solar project with a m...
Women in Agriculture Leverages XAG Drone to Cast off Farmer's Cost Burden
SAO PAULO, Sept. 27, 2022 /PRNewswire/ -- While farmers are looking for solutions to save on chemical sprays, XAG spearheads precision farming efforts with its drone technology inBrazil. It has been working with local business on using drones to effectively control agricultural pests and help rel...
SSAB Set to Debut at Vietnam Mining & Construction Show This October With Revolutionary Hardox® Product Line
Setting its sights on improving the mining industry
HANOI, Vietnam, Sept. 27, 2022 /PRNewswire/ -- Leading global steel company,
SSAB
SSAB to deliver fossil-free steel to Volvo Trucks
BRISBANE, Australia, Sept. 21, 2022 /PRNewswire/ -- With high commitment towards sustainability, SSAB and Volvo Trucks announced earlier this year on June 1 the delivery plan for the world's first ever truck with fossil-free steel. The green material is manufactured by Swedish steel company SSA...
SKF announces changes to Group Management
GOTHENBURG, Sweden, Sept. 16, 2022 /PRNewswire/ -- SKF announces the appointment ofHenry Wang as President, China and Northeast Asia. Henry is currently President of Alstom's operations in China and was previously CEO of KUKA inChina. From 1997-2019, Henry held a number of roles in SKF, includin...
Hilco Global Sells Heavy Plate Mill in Germany to an Asian Steel Producer
NORTHBROOK, Ill., Sept. 14, 2022 /PRNewswire/ -- Amsterdam-based Hilco Industrial Acquisitions, B.V., an operating company of U.S.-based Hilco Global, announced today the sale of all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim,Germany to an Asian Steel ...
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.
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