Machine Tools, Metalworking and metallurgy
Drilling Returns Wide High-grade Gold Extensions at Diamba Sud
BRISBANE, Australia, June 17, 2020 /PRNewswire/ -- Chesser Resources Limited ("Chesser" or "the Company"; ASX: CHZ) is pleased to provide the following drilling results from its flagship Diamba Sud Gold Project inSenegal, West Africa. HIGHLIGHTS AREA A * Two high-grade gold structures id...
Hublot Launches the BIG BANG e
NYON, Switzerland, June 5, 2020 /PRNewswire/ -- Hublot first released the Big Bang in 2005. Since then, this model has come to embody Swiss watchmaking in the third millennium. In 2018, the first connected version of the Big Bang made its debut. And now, Hublot unveils the BIG BANG e. The ne...
SKF Issues SEK 3 Billion Bond
GOTHENBURG, Sweden, June 3, 2020 /PRNewswire/ -- Today, SKF has issued a bond of SEK 3 billion with a four-year maturity, which expires on 10 June 2024. The bond was issued in two tranches withSEK 2,100 million at a floating interest rate based on 3 month Stibor with a premium of 1% andSEK 900 mil...
SANY Launches New Product Lineup for Ultra-large Excavator
BEIJING, May 28, 2020 /PRNewswire/ -- SANY ("the Company"), a global manufacturer of construction and mining equipment, announced an expanded product portfolio for the ultra-large excavators – SY870H of 78.6 tons, SY980H of 95.8 tons and SY1250H of 125 tons – in Sany Kunshan Industrial Park,China...
Picosun Group's Strong Growth Continues in 2020
ESPOO, Finland, May 26, 2020 /PRNewswire/ -- Picosun Group, the leading supplier of AGILE ALD® (Atomic Layer Deposition) thin film coating technology for global industries, reports strong growth during fiscal year 2018-2019, as a result of Group's strategy to focus on industrial customers. The gr...
Zoomlion Reports First Quarter 2020 Results
CHANGSHA, China, May 18, 2020 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) announced financial results for its first quarter onApril 29. Operating income was 9.066 billion yuan (USD 1.276 billion), 49.9 million yuan (USD 7.05 million) increase versus the prior-...
Be inspired for Machine Vision's Development and Application at CIOE 2020
SHENZHEN, China, April 29, 2020 /PRNewswire/ -- "Made in China 2025" mentioned that to change from a manufacturing power to a manufacturing powerhouse, intelligent manufacturing will be one important direction. As intelligent manufacturing become the tipping point, the essential enabling technolo...
SKF to Publish First Quarter Results on 23 April
GOTHENBURG, Sweden, April 9, 2020 /PRNewswire/ -- The SKF Group will publish its first quarter results at approximately 07:00 (CEST) on23 April 2020. As of this quarter, SKF will report adjusted operating profit and operating margin at Group and customer segment level (Industrial and Automotive)....
Sai Life Sciences Becomes First India-headquartered Company to Join Pharmaceutical Supply Chain Initiative (PSCI)
HYDERABAD, India, April 2, 2020 /PRNewswire/ -- Sai Life Sciences, one of
India's fastest growing Contract Development & Manufacturing Organizations
(CDMOs)
SKF Announces Changes to Group Management
GOTHENBURG, Sweden, March 27, 2020 /PRNewswire/ -- Carina Bergfelt, General Counsel and Senior Vice President, Group People, Communication and Legal, will step down from Group Management from31 August 2020. Carina joined SKF in 1990 and has been a member of Group Management since 1996. As a resu...
Annual General Meeting of AB SKF
GOTHENBURG, Sweden, March 26, 2020 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group, was held inGothenburg on Thursday,26 March 2020. The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of d...
COVID-19 Pandemic Impact: Manufacturing Slowdowns and Increased Demand will Balance to See 16 Million Total AR and VR HMD Shipments in 2021
ABI Research whitepaper identifies the short-and long-term impacts the global pandemic will have on Augmented and Virtual Reality OYSTER BAY, New York, March 26, 2020 /PRNewswire/ -- The Coronavirus outbreak will cause manufacturing delays at the source and reduce the overall demand for Augmente...
Inspiring the every day use of aerogel through innovation
SINGAPORE, March 25, 2020 /PRNewswire/ -- JIOS Aerogel relocates to Singapore. The world's leading high tech aerogel manufacturer has established itself inSingapore with a laboratory and office facilities. Supported by the Economic Development Board ("EDB") of the Singapore Government the busines...
AB SKF's Board of Directors Proposes Changed Dividend
GÖTEBORG, Sweden, March 24, 2020 /PRNewswire/ -- As a precautionary measure in this uncertain economic environment, the Board of Directors of AB SKF has decided to propose to the Annual General Meeting that the dividend be changed fromSEK 6.25 per share to SEK 3.00 per share. The Board's curren...
SKF Annual General Meeting - Precautionary Measures Because of Covid-19
GOTHENBURG, Sweden, March 17, 2020 /PRNewswire/ -- As a result of the current spread of the Covid-19 virus, SKF is making the following changes to its Annual General Meeting on 26 March: * The Annual General Meeting will start as planned at 13:00. The doors will be open from 12:15 and not 11:0...
APAC: Demand for Machine Tools on the Upswing as Manufacturers Invest in New Production Facilities
SINGAPORE, March 13, 2020 /PRNewswire/ -- The growing purchasing power of middle-class consumers inAsia has led to an increase in spending on consumer goods. In a rush to meet the escalating demand, manufacturers catering to the APAC region are investing in new production plants and machines, cre...
SKF Annual Report 2019 Published
GOTEBORG, Sweden, March 4, 2020 /PRNewswire/ -- AB SKF's Annual Report 2019 has today been published on the Group's website. The report focuses on SKF's operations and value creation for customers, employees, shareholders, the environment and surrounding communities. Sustainability is embedded i...
CEO Richard Twomey Leaves Molnlycke
GOTHENBURG, Sweden, March 3, 2020 /PRNewswire/ -- Richard Twomey, President and CEO of Molnlycke, will after six years leave the organisation. "Richard has with his deep knowledge and experience within the medical technology industry developed Molnlycke into an even stronger company in its field...
Announcement of Change in the Total Number of Votes in AB SKF
GOTHENBURG, Sweden, Feb. 28, 2020 /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 February, the Company's share capital amounts to SEK 1,138,377,670 and the total number of ...
21 Industrial Parks of SANY Resume Production While Accelerating Transformation towards Digital and Intelligent Development
BEIJING, Feb. 27, 2020 /PRNewswire/ -- On February 5, 2020, a short but solemn ceremony was held in SANY's No. 18 Intelligent Workshop inChangsha to celebrate the work resumption after the Chinese New Year. As ofFebruary 21, SANY had resumed efficient and orderly operation in its 21 industrial pa...
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