Machine Tools, Metalworking and metallurgy
Ma'aden announces strategic partnership with Ivanhoe Electric Inc. (IE) to acquire a 9.9% interest in IE and form a joint venture to explore strategic minerals in Saudi Arabia
RIYADH, Saudi Arabia, Jan. 11, 2023 /PRNewswire/ -- Saudi Arabian Mining Company (Ma'aden) announces that it has entered into an agreement with Ivanhoe Electric (IE) that will see Ma'aden subscribing to new shares in IE resulting in a 9.9% equity interest forUSD126 million. As part of the agreeme...
Corporate Excellence Award Presented to Crown Machinery Company at Asia Pacific Enterprise Awards 2022 Taiwan
SINGAPORE, Dec. 28, 2022 /PRNewswire/ -- The Asia Pacific Enterprise Awards (APEA) 2022 Taiwan is pleased to honor 34 outstanding business leaders and enterprises for their commendable dedication toward spearheadingTaiwan's economic recovery and development. Presented by leading regional NGO Ente...
Strenx® structural steel - more crane performance with less dead weight
STOCKHOLM, Dec. 26, 2022 /PRNewswire/ -- The Fassi F 1450 HXP Techno is the first loading crane to be acquired by Zimmerei Lindner and Meyer, a medium-sized construction company based in Dinkelsbühl. It serves customers in southernGermany. The Fassi F 1450 loader crane is the first model in a ran...
SKF awarded top sustainability ratings
GOTHENBURG, Sweden, Dec. 15, 2022 /PRNewswire/ -- SKF has achieved a Platinum Medal from EcoVadis, one of the world's most trusted providers of sustainable ratings for use in supply chains. This is the third year SKF has been awarded the Platinum medal and now ranks in the top 1 percent of all co...
Sims Limited Named One of America's Most Responsible Companies by Newsweek
– Third consecutive year being recognized for environmental and social responsibility – NEW YORK, Dec. 9, 2022 /PRNewswire/ -- Sims Limited (ASX: SGM), a global leader in sustainability and an enabler of the circular economy, announced that the company was named one ofAmerica's Most Responsible ...
SKF hosts Capital Markets Day
GOTHENBURG, Sweden, Dec. 8, 2022 /PRNewswire/ -- SKF is hosting its Capital Markets Day inLondon today. At the event, investors, analysts and members of the media will be given an update on the Group's strategic development and focus areas moving forward. The event will profile a number of areas...
SKF and Castrol partner to offer access to circular use of industrial lubricants
The partnership involves offering 'Oil as a service' through the integration of the SKF RecondOil offer with Castrol's metalworking lubricants, enabling circular use of the lubricant fluid, reducing consumption while improving machine performance. GOTHENBURG, Sweden, Dec. 7, 2022 /PRNewswire/ --...
KENNAMETAL INTRODUCES NEXT-LEVEL INNOVATIONS
New and enhanced products expand metal cutting capabilities and help customers machine better than ever PITTSBURGH, Dec. 1, 2022 /PRNewswire/ -- Kennametal has expanded its Innovations series of Metal Cutting tools and solutions with new product offerings that provide customers with maximum effi...
World Standards Day 2022: ZPMC's Journey of Advancing International Standardization for Heavy Equipment Industry
SHANGHAI, Nov. 28, 2022 /PRNewswire/ -- Shanghai Zhenhua Heavy Industries Co., ltd. (ZPMC), the world's largest port machinery manufacturer, celebrates the 53th World Standards Day 2022 as a pioneer committed to accelerating the international standardization of heavy equipment manufacturing indus...
Zoomlion Tower Cranes Construct Lusail Stadium, Venue of the World's Biggest Football Tournament in Qatar
DOHA, Qatar, Nov. 25, 2022 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK) won the global bid for tower cranes for constructing the Lusail Stadium, the venue of this month's feast of football. Its eight TC8039-25 tower cranes were used for its construc...
SKF increases regional capabilities across Asia
Investments totaling SEK 1.25 billion to increase capabilities and competitiveness acrossChina, India and Southeast Asia GOTHENBURG, Sweden, Nov. 24, 2022 /PRNewswire/ -- SKF is continuing to increase its regional capabilities acrossAsia, through selected investments in its manufacturing and eng...
PONSSE HH360 rotator for harvester head
VIEREMÄ, Finland, Nov. 24, 2022 /PRNewswire/ -- Ponsse launches new PONSSE HH360 harvester head rotator. The new rotator is an innovative solution in which the harvester head can rotate 360° degrees freely without limitations. With PONSSE HH360 the hoses stay in a fixed position from crane tip to...
Dobot Launches Nova Collaborative Robots for Retail Automation
SHENZHEN, China, Nov. 22, 2022 /PRNewswire/ -- Labor shortages and rising costs
around the world are two major headwinds to the retail and service sectors,
opening up new opportunities of automation transformation. To better capture
this newfound demand, Dobot has developed theNova Series
ZPMC's Research Project for Jack-Up Platform Central Control System Passes Acceptance, Reaching Key Milestone
SHANGHAI, Nov. 21, 2022 /PRNewswire/ -- Shanghai Zhenhua Port Machinery Co., Ltd. (ZPMC), the world's largest port machinery manufacturer, has kickstarted a research and application project for a jack-up platform central control system (the "System") in collaboration with renowned heavy equipment...
SKF completes acquisition of Tenute Srl
GOTHENBURG, Sweden, Nov. 9, 2022 /PRNewswire/ -- SKF has completed the previously announced acquisition of Tenute Srl. Tenute develops and manufactures sealing solutions for various industrial applications and has approximately 50 employees. Tenute Srl will be integrated into SKF's existing Seal...
Mycronic receives order for two Prexision Lite 8 Evo
STOCKHOLM, Nov. 7, 2022 /PRNewswire/ -- Mycronic AB (publ) has received an order for two Prexision Lite 8 Evo from an existing customer inAsia. The order value is in the range ofUSD 16-21 million. Delivery of the first system is planned for the second quarter of 2025, while the second system is p...
XCMG Engages 3,000 Customers in 50 Countries for Global Service Month
XUZHOU, China, Nov. 4, 2022 /PRNewswire/ -- XCMG (SHE: 000425), world's top three construction machinery manufacturer, recently completed its Global Service Month event, making visits to some 3,000 companies spanning 50 countries and regions to enhance the customer experience among its globe wide...
Xinhua Silk Road: China's Zoomlion shines at Bauma 2022, with products exhibiting its innovation, internationalized mindset
BEIJING, Nov. 2, 2022 /PRNewswire/ -- Chinese construction machinery maker Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion, 000157.SZ) drew wide attention at Bauma 2022, the world's leading construction machinery trade fair held inGermany's Munich from October 24 to 30, bringing ...
Mycronic receives order for two SLX mask writers
STOCKHOLM, Nov. 1, 2022 /PRNewswire/ -- Mycronic AB (publ) has received an order for two SLX mask writers from an existing customer inAsia. The order value is in the range ofUSD 10-12 million. Delivery of the first system is planned for the fourth quarter of 2023, while the second system is plann...
SSAB to showcase two new steel products at premier Australian mining industry convention
MELBOURNE, Australia, Oct. 26, 2022 /PRNewswire/ -- The International Mining and Resources Conference (IMARC) is set to return onNovember 2, 2022 at the new location - the International Convention Center, ICC Sydney with global steel supplier SSAB among the companies that will headline the expo. ...
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