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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 2285

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 2447

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 2617

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 3258

Lockheed Martin to Feature Kennametal Tools in Machining Guide

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 2657

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 3482

XCMG's 5th International Customer Festival Showcases the Latest Excavator Product Lineup

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 2491

Hardox® HiAce Unveils Recycling Corrosive Wear Solutions at N-Expo, Tokyo

TOKYO, May 23, 2023 /PRNewswire/ -- SSAB , the leading global steel manufacturer will showcase its corrosive wear steel - Hardox® HiAce at the upcoming 32nd New Environment Exposition N-Expo ...

2023-05-23 08:00 3117

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 2667

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 4349

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 3068

XAG debuts P100 Pro Agricultural Drone at BEYOND Expo 2023

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 2465

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 2314

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 2394

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 2185

Hilco Global Announces Sale of All Assets at Vallourec Deutschland GmbH

NORTHBROOK, Ill., April 27, 2023 /PRNewswire/ -- Amsterdam-based Hilco Industrial Acquisitions, an operating company of U.S.-based Hilco Global, announced today the strategic partnership for the sale and project management relating to the disposition and removal of all assets at Vallourec Deutsch...

2023-04-27 03:17 3587

SSAB Set to Debut at Contech Vietnam with Revolutionary Hardox® Product Line

Setting its sights on improving the mining, construction and transportation industry HANOI, Vietnam, April 20, 2023 /PRNewswire/ -- Leading global steel company, SSAB has announced its upcoming debut presence at Contech Vietnam . It wil...

2023-04-20 11:00 2460

SKF first quarter results to be published on 27 April

GOTHENBURG, Sweden, April 14, 2023 /PRNewswire/ -- SKF will publish its first quarter results for 2023 on27 April 2023 at approximately 08:00 (CEST). Investors, analysts and media are invited to join a webcast, which will be held in English, at 09:00 (CEST). To join the webcast, please login at ...

2023-04-14 14:50 2571

SKF extends involvement in Gothia Cup, which this year attracts a record number of teams

SKF extends its involvement in the Gothia Cup by continuing as main partner for another three years. This year, there is a record interest in the world's largest youth tournament with more than 1,700 teams registered from over 60 countries GOTHENBURG, Sweden, April 12, 2023 /PRNewswire/ -- After...

2023-04-12 16:29 2456

Countdown: Tube China 2023 - International Tube & Pipe Industry Trade Fair Will Be Held on 14 - 16 June 2023

Shanghai New International Expo Centre, Shanghai, China * Tube China 2023 will be held in Shanghai this Summer * Register to Meet 500 Industry Leading Suppliers * A One-stop Sourcing Platform for Tube & Pipe Products * China International Steel Tube & Pipe Summit Forum SHANGHAI, April 12, 2...

2023-04-12 10:09 5198

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