Machine Tools, Metalworking and metallurgy
Zoomlion Reports H1 2023 Results: Scale, Quality, and Profitability Growth in Full Swing, with International Revenue Soars by 115.39% YoY
CHANGSHA, China, Sept. 6, 2023 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK) reported first-half 2023 sales revenues of24.075 billion yuan (US$ 3.29 billion), marking a 13.03% YoY rise. International revenue contributed8.372 billion yuan (US$ 1.15 bi...
Students Set to Develop Ideas for Improved Access to Green Space
Otis' Made to Move Communities™ global competition brings much-needed attention to the health and wellbeing benefits of open spaces. JAKARTA, Indonesia, Sept. 6, 2023 /PRNewswire/ -- In many communities around the globe, green and recreational spaces – critical for global public health and susta...
SKF appoints Sophie Arnius as Head of Investor Relations
GOTHENBURG, Sweden, Aug. 31, 2023 /PRNewswire/ -- Sophie Arnius has been appointed Head of Investor Relations, starting latest24 February 2024. Sophie joins SKF from Electrolux and she succeedsPatrik Stenberg who will continue in his role as Director, Mergers & Acquisitions. Sophie Arnius has ex...
Boart Longyear Launches New Innovation For Underground Long Hole Drilling
SALT LAKE CITY, Aug. 29, 2023 /PRNewswire/ -- Boart Longyear, the world's leading provider of drilling equipment and performance tooling is announcing the launch of a new IMPAKTTM line of rock tools bits. Boart Longyear continues to deliver industry leading safety, reliability, and productivity....
Ningbo Rail Transit chooses SKF technology for bearing life extension project
One of the world's newest metropolitan rail networks is improving the reliability and longevity of its fleet with bearings, lubricants and innovative wireless condition monitoring technology from SKF GOTHENBURG, Sweden, Aug. 24, 2023 /PRNewswire/ -- With an innovative technology package from SKF...
Galaxie Corporation Commissioned to Sell Assets of Major Spiral Welded Steel Pipe Producer in Turkey
ANKARA, Turkey, Aug. 23, 2023 /PRNewswire/ -- Emek Boru, a large spiral welded steel pipe producer for the oil, gas, construction, water, and waste transmission industries, is selling all of its major assets at its plant in Ankara, Turkey. Emek Boru commissioned Galaxie Corporation, a company from...
Building a Quantum-Secure Future with Toshiba
SINGAPORE, Aug. 15, 2023 /PRNewswire/ -- Quantum computers have the potential to decrypt sensitive data transmitted across ordinary networks, posing a threat to the security of the digital economy. Industries with sensitive and long-lasting data, such as financial services, are particularly at ri...
Pebsteel Continues to Lead the Industry in Pre-Engineered Steel Construction
HO CHI MINH, Vietnam, Aug. 10, 2023 /PRNewswire/ -- Pebsteel, the global enterprise specializing in providing solutions for Pre-engineered Buildings and Structural Steel, reaffirms its position as the leading brand in the industry. With its core competencies and unwavering commitment to customers...
TTI DELIVERS SOLID 2023 FIRST HALF RESULTS
HONG KONG, Aug. 9, 2023 /PRNewswire/ -- Global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment,Techtronic Industries Co. Ltd. ("TTI" or the "Group") (stock code: 669, OTCQX: TTNDY, TTNDF) is pleased to announce its results for the six months endedJune 30, 2023. The ...
SANY Engineering Vehicles Unveils New Range of Intelligent New Energy Dump Trucks
CHANGSHA, China, Aug. 7, 2023 /PRNewswire/ -- SANY Engineering Vehicles Business Division, ("SANY Engineering Vehicles") a department of SANY Group ("SANY") focusing on the production of new energy vehicles, has unveiled its entire range of new products, injecting fresh energy into the new energy...
Zoomlion Safeguards Constructions Amid Rising Global Temperatures This Summer
CHANGSHA, China, July 27, 2023 /PRNewswire/ -- As global temperatures continue to break records, Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") is supporting global customers to safeguard constructions in the summer season through its innovative technologies and pioneering se...
SANY: Demonstrating Their Commitment to Sustainability in Africa
BEIJING, July 26, 2023 /PRNewswire/ -- The third China-Africa Economic and Trade Expo was held in Changsha fromJune 29th to July 2nd, where 53 African countries, 12 international organizations, and over 1500 exhibitors gathered, driving Sino-Africa economic and trade cooperation development. SANY...
SKF Half-year report 2023: Strong sales, profit, and cash flow
GOTHENBURG, Sweden, July 19, 2023 /PRNewswire/ -- Rickard Gustafson, President and CEO: "I'm pleased to report that our strategic transformation continues at a high pace, clearly reflected by a strong set of numbers in the second quarter. In the quarter, we saw record high net sales, adjusted op...
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...
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...
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 ...
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 ...
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...
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...
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...
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