Machine Tools, Metalworking and metallurgy
XCMG Machinery Releases HANYUN OS 2023, Empowering New Industrialization with Intelligent and Digital Transformation
XUZHOU, China, July 14, 2023 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE:000425) has officially released the HANYUN OS 2023 at the 2023 Industrial Internet Conference, marking a new milestone for XCMG HANYUN as it embarks on a journey of innovation on digitalization, and sustainable solutions wit...
2023-07-14 14:30
4828
SKF divests coolant pumps operations
GOTHENBURG, Sweden, July 12, 2023 /PRNewswire/ -- SKF has signed an agreement to divest Spandau Pumpen to EBARA Pumps Europe S.p.A, a group company of the global industrial machinery manufacturer EBARA CORPORATION. Spandau Pumpen is focused on coolant pumps in SKF's lubrication business. The div...
2023-07-12 15:40
2891
SKF and Sinoma Nitride accelerate large-scale application of hybrid ceramic ball bearings
GOTHENBURG, Sweden, June 29, 2023 /PRNewswire/ -- SKF and Sinoma Nitride, an industry-leading developer and producer of silicon nitride materials and ceramic balls, have entered into a Joint Venture (JV) contract to deepen their cooperation within hybrid ceramic ball bearings. The cooperation is ...
2023-06-29 16:08
2707
EGO Announces New Partnership with John Deere
* Partnership enables EGO branded battery products to be sold through John Deere dealers * Chervon and John Deere will collaborate on future product development NAPERVILLE, Ill., June 28, 2023 /PRNewswire/ -- Chervon, the parent company of EGO and a leading global player in the Outdoor Power ...
2023-06-28 20:00
3513
Ping An Bank Grants First Loan to Pioneering CCUS Project amounted RMB 180 million in China's Steel Industry
Supporting Technological Transformation for Carbon Neutrality HONG KONG and SHANGHAI, June 27, 2023 /PRNewswire/ -- Ping An Bank, a subsidiary of Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An" or the "Group", HKEx:2318; SSE:601318), has disbursed the first installment of a loan to Ba...
2023-06-27 13:23
4187
XCMG Machinery Introduces Super 35m³ Electric Shovel Excavator for Open Pit Mining
XUZHOU, China, June 20, 2023 /PRNewswire/ -- XES35, a next-generation super 35m³ electric shovel excavator developed by XCMG Machinery ("XCMG", SHE:000425) for open pit mining operations has successfully rolled off the assembly lately in Xuzhou,China. Powered by multiple technological upgrades to...
2023-06-20 11:47
4466
SKF signs EUR 800 million multicurrency revolving credit facility
GOTHENBURG, Sweden, June 16, 2023 /PRNewswire/ -- SKF has successfully signed a EUR 800 million multicurrency revolving credit facility. The facility has a tenor of five years with two one-year extension options, and it will serve as a back-up liquidity facility for general corporate purposes. It...
2023-06-16 15:27
2622
Hypertherm Associates announces CorePlus gas connect console for XPR cutting systems
HANOVER, N.H., June 14, 2023 /PRNewswire/ -- Hypertherm Associates, a U.S.
based manufacturer of industrial cutting systems and software,today announced
the launch of CorePlus™, the gas connect console for XPR® X-Definition® cutting
systems.
2023-06-14 15:34
3591
The 14th DN Solutions International Machine Tool Fair (DIMF) wraps up successfully after showcasing the future of machine tools
SEOUL, South Korea, June 12, 2023 /PRNewswire/ -- The 14th DN Solutions International Machine Tool Fair (DIMF) ended in success after showcasing the latest machine tool technology as well as the future direction of machine-tool digitalization. DN Solutions announced that DIMF 2023, held at BEXCO...
2023-06-12 10:59
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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
3524
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
2774
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
2940
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
3178
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
4173
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
3449
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
4628
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
2947
Hardox® HiAce Unveils Recycling Corrosive Wear Solutions at N-Expo, Tokyo
TOKYO, May 23, 2023 /PRNewswire/ -- SSAB
2023-05-23 08:00
3845
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
3245
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
5529
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