Mining/Metals
With Growing Brand Value and Influence, XCMG's Export Revenue in First Half of 2022 Marks Over 157% Growth Year-on-year
XUZHOU, China, Sept. 15, 2022 /PRNewswire/ -- XCMG Construction Machinery Co., Ltd. (SHE:000425) reported38.204 billion yuan (US$ 5.52 billion) in first-half revenue of as ofJune 30, a 28.23 percent decrease year-on-year on a smaller drop compared to the industry average. XCMG's revenue from expo...
Nikon Announces Investment in Hybrid Manufacturing Technologies Global, Inc.
Accelerating Growth and Innovation in Additive Manufacturing TOKYO, Sept. 15, 2022 /PRNewswire/ -- Nikon Corporation (Nikon) today announced an investment in Hybrid Manufacturing Technologies Global, Inc. Hybrid Manufacturing Technologies Global, Inc. (HMT), an award-winning industry leader in a...
Hilco Global Sells Heavy Plate Mill in Germany to an Asian Steel Producer
NORTHBROOK, Ill., Sept. 14, 2022 /PRNewswire/ -- Amsterdam-based Hilco Industrial Acquisitions, B.V., an operating company of U.S.-based Hilco Global, announced today the sale of all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim,Germany to an Asian Steel ...
Ascend bringing new materials to Battery Show
HOUSTON, Sept. 14, 2022 /PRNewswire/ -- At The Battery Show North America, Ascend Performance Materials will feature its new flame-retardant nylons forEV safety applications and its Trinohex® Ultra electrolyte additive, which improves lithium-ion battery safety, extends cycle life and boosts perf...
bauma 2022: Zoomlion Will Bring 54 New Energy and Intelligent Products in Seven Categories, Highlighting Digitalization, Intelligence and Sustainability
MUNICH, Sept. 13, 2022 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK) will take part in the bauma 2022 from October 24-30 in Munich, Germany, bringing 54 new energy and intelligent products from seven categories that include high-end models of earthmov...
POSCO Pohang Steelworks to resume producing semi-finished steel
* POSCO resumed the operation of the no. 4 and no. 2 blast furnaces as of September 12: the entire blast furnaces of Pohang Steelworks are under normal operation. * POSCO resumed the operation of the no.4 steel converter and has run an emergency shipment response team startingSeptember 12. ...
Ground-breaking report warns chemicals industry must dramatically transform operations to avoid 4⁰C of global warming
* Ground-breaking study sets out credible pathways for the industry to become an enabler of a sustainable global economy, double in size and create 29 million new jobs * The industry can reinvent itself as a climate solution – becoming carbon negative by early 2040s and acting as a carbon sin...
USI Taiwan Will Start to Operate NK2 Factory in Q4 2022
SHANGHAI, Sept. 12, 2022 /PRNewswire/ -- USI (SSE: 601231) strengthens investing in its research and development inTaiwan, actively expanding its global presence and developing high-end products to satisfy customers' demands. Recently, USI's subsidiary, USI Taiwan, has set up its 3rd factory, Nan...
GMCC and Welling at Bangkok RHVAC
Products and solutions for multi-scenario applications help expand global business portfolio BANGKOK, Sept. 10, 2022 /PRNewswire/ -- On September 7, 2022, the Bangkok Refrigeration, Heating, Ventilation and Air Conditioning (RHVAC) 2022 exhibition held inBangkok. As two brands of Midea Industria...
Kitchen Brains to Expand U.S. Manufacturing Capabilities
STRATFORD, Conn., Sept. 8, 2022 /PRNewswire/ -- Kitchen Brains®, a Source Capital portfolio company, and a leading designer and manufacturer of fully integrated smart cooking computers, electronic controls and software solutions for commercial foodservice operations, has announced that it is expa...
SKF issues its second Green Bond; raises EUR 400 million to finance green investments
GOTHENBURG, Sweden, Sept. 8, 2022 /PRNewswire/ -- SKF has issued its second Green Bond, which will raiseEUR 400 million to fund eligible green projects in accordance with the Group's Green Finance Framework. The Bond further connects SKF's business strategy and funding approach to the Group's sus...
Handheld launches the all-new Algiz RT10 ultra-rugged Android tablet with future-proof features
LIDKÖPING, Sweden, Sept. 8, 2022 /PRNewswire/ -- Handheld Group
SKF and Ovako reach milestone in journey towards net zero bearing production
GOTHENBURG, Sweden, Sept. 8, 2022 /PRNewswire/ -- A significant milestone has been reached in SKF's journey towards a net-zero value chain. Together with Swedish steel producer Ovako, SKF has produced a Spherical Roller Bearing (SRB) with 90% less emissions than its standard SRB bearing. The bea...
POSCO to promote normal operation of blast furnaces at Pohang Works around September 10
- The normalization of the Iron and Steel Making Substation is scheduled to be completed this morning… Target to complete power recovery by the 10th - The steelworks is also scheduled to resume operation within the holiday period - All environmental maintenance in the steelworks will be complete...
MES Software Market to Grow to US$5.4 Billion in 2031 as Manufacturers Accelerate Digital Automation
Manufacturing Execution Systems (MES) might have been around for a while, but recent innovations put their evolutionary path at the intersection of Industry 4.0 and next-generation industrial automation LONDON, Sept. 7, 2022 /PRNewswire/ -- MES software is a significant product for manufacturers...
King Steel Joins Forces with Siemens to Bring Taiwan to the Forefront of Green Manufacturing
The Taiwanese manufacturing powerhouse and German multinational are partnering up to reduce carbon emissions and save energy in manufacturing processes TAICHUNG, Taiwan, Sept. 5, 2022 /PRNewswire/ -- Taiwan King Steel Machinery Co. and German multinational conglomerate Siemens have joined forces,...
Arçelik Responds to Earth's Crisis Call in IFA Keynote with Urgent Appeal for Climate Action
Arçelik CEO Hakan Bulgurlu's keynote speech urges businesses to innovate for sustainable change to protect the natural world from environmental decline BERLIN, Sept. 5, 2022 /PRNewswire/ -- Arçelik, the global household appliances manufacturer and parent company of 12 leading home appliance brand...
Schindler's BuilT-In All-In-One Solution: a Future Proof Vertical Mobility Technology
HONG KONG, Sept. 5, 2022 /PRNewswire/ -- With carefully crafted innovations,
Jardine Schindler Group aims to accelerate and diversify buildings' access to
technology. Jardine Schindler Group will feature the new technology inBEX Asia
Alleima trading on Nasdaq Stockholm commences
SANDVIKEN, Sweden, Sept. 3, 2022 /PRNewswire/ -- The shares of Alleima, a global manufacturer of advanced stainless steels, special alloys and heating systems for the most demanding industries, commence trading on Nasdaq Stockholm. This marks the start of Alleima as a fully independent company af...
Homegrown EV Battery Company, Durapower to power 60% of Tuas Port Automated Guided Vehicle Fleet
SINGAPORE, Sept. 2, 2022 /PRNewswire/ -- Singaporean Lithium-ion battery
manufacturer, Durapower Holdings Pte Ltd ("Durapower") will power over 60 per
cent* of PSA Singapore's ("PSA") new Tuas Port's current Automated Guided
Vehicle ("AGV") fleet.
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