Machine Tools, Metalworking and metallurgy
Annual General Meeting of AB SKF
GOTHENBURG, Sweden, March 27, 2024 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF was held on Tuesday,26 March 2024. The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of dividend. A dividend ofSEK 7.50 per share was app...
Frost & Sullivan Launches the 2024 Edition of India Manufacturing Excellence and Sustainability 4.0 Awards
~Nominations are open until March 31, 2023~ ~Award ceremony to be held on December 13, 2024~ MUMBAI, India, March 22, 2024 /PRNewswire/ -- Frost & Sullivan proudly announces the launch of its prestigious awards ceremonies- the15th edition of the Sustainability 4.0 Awardsand the 20th edition of th...
Changes in Group Management to continue to drive profitable growth in the ISEA region
GOTHENBURG, Sweden, March 20, 2024 /PRNewswire/ -- SKF announces the appointment ofMukund Vasudevan as President, Industrial Region India and Southeast Asia (ISEA). In his role, Mukund will be responsible for continuing SKF's strategic transformation and profitable growth journey in the expansive...
Weichai Showcases Advanced Offshore Marine Power Solutions at APM 2024
SINGAPORE, March 13, 2024 /PRNewswire/ -- The 2024 Asia Pacific Maritime (APM 2024), a cornerstone event for the maritime sector, was held at Marina Bay Sands inSingapore from March 13-15. The gathering is recognized as the most influential maritime exhibition in theAsia-Pacific, drawing more tha...
BuildTech Asia 2024 advances regional collaboration, professional development and knowledge to future-proof Built Sector
SINGAPORE, March 12, 2024 /PRNewswire/ -- BuildTech Asia (BTA), the leading platform forAsia Pacific's building and construction industry, returns for its 13th edition from 19 –21 March 2023 (Tuesday to Thursday) at Singapore EXPO Hall 2. Organized by Constellar, this year's edition focuses on fu...
Unveil the Secrets of the 30th China (Guzhen) International Lighting Fair (GILF) As It Is Coming Soon
ZHONGSHAN, China, March 11, 2024 /PRNewswire/ -- Since its first edition in 1999,China (Guzhen) International Lighting Fair (GILF) has evolved from a modest roadside exhibition to a specialized, market-oriented, and international renowned trade fair across the globe. Going through a glorious cour...
NCH Asia Pacific Lubricants Programs to help with Shutdown Maintenance
SINGAPORE, March 11, 2024 /PRNewswire/ -- NCH Asia Pacific, a global leader in industrial and commercial maintenance products and services announces several Lubrication Programs to assist with shutdown maintenance planning. These programs are designed to ensure optimal performance of machinery an...
TECHTRONIC INDUSTRIES DELIVERS SOLID 2023 ANNUAL RESULTS
GROSS MARGIN EXPANDED TO 39.5%, FREE CASH FLOW INCREASED TO US$1.3 BILLION HONG KONG, March 6, 2024 /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) ...
DN Solutions, Global Machine Tool Company, Enhances Product Sales and Technical Support Across Southeast Asia with New Subsidiary in Vietnam
HO CHI MINH CITY, Vietnam, March 1, 2024 /PRNewswire/ -- DN Solutions, a global leader in CNC machine tools manufacturing, announced the establishment of its Vietnam subsidiary (DN Solutions Vina) aimed at bolstering product sales and enhancing technical support across theSoutheast Asia region. ...
Alleima unveils new alloy designed specifically for subsea umbilicals
SAF™ 3007 is the latest addition to the growing duplex family of Alleima, a super-duplex stainless steel grade developed for subsea umbilicals. The new tube offers a safe, lighter, stronger and more efficient alternative to SAF™ 2507, the current standard. With superior strength, fatigue properti...
Notice of Annual General Meeting
GOTHENBURG, Sweden, Feb. 20, 2024 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF will be held at Radisson Blu Scandinavia Hotel, Södra Hamngatan 59,Gothenburg, Sweden, at 14.00 on Tuesday, 26 March 2024. The doors are open from 13.00. Light refreshments...
Changes in Group Management to accelerate strategic transformation and profitable growth
GOTHENBURG, Sweden, Feb. 6, 2024 /PRNewswire/ -- As a consequence of SKF accelerating its strategic transformation to drive profitable growth, the leadership in two of the industrial regions, Americas andIndia and Southeast Asia, will change with immediate effect. "In times of transformation, ad...
Tan Xuguang Leads Shandong Heavy Industry in Reflecting on 20 Years of Global Expansion at CEO Summit
WEIFANG, China, Feb. 5, 2024 /PRNewswire/ -- On February 4th, executives from around the world convened in Weifang,China, for the fifth edition of the Shandong Heavy Industry-Weichai Power Global CEO Conference. This gathering drew 58 CEOs and top management from the Shandong Heavy Industry Gr...
Weichai Group Advances Toward Becoming a Global Leader in Technological Innovation
WEIFANG, China, Feb. 2, 2024 /PRNewswire/ -- On February 2nd, Weichai Group held the 2024 Technology Incentive and Commendation Conference, granting65 million yuan in recognition of significant scientific research achievements and exceptional tech talent within the company. Tan Xuguang, Chairman ...
SKF Year-end report 2023: Strategy execution yielding strong performance
GÖTEBORG, Sweden, Jan. 31, 2024 /PRNewswire/ -- Q4 2023 Net sales: SEK 24,438 million (25,361) Organic growth: -1.9% (9.7%) Adjusted operating profit/margin:SEK 2,929 million, 12.0% (2,542, 10.0%) Full year 2023 Net sales: SEK 103,881 million (96,933) Organic growth: 3.7% (8.1%) Adjusted opera...
Zoomlion's 2023 Performance Soars Due to Rapid Global Expansion with Net Profit Increasing Over 40% Year-on-Year
CHANGSHA, China, Jan. 29, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 1157.HK), a leading Chinese construction machinery and equipment manufacturer, recently released a performance forecast, predicting net profit attributable to shareholders of listed ...
Nomination Committee's proposal for Board of Directors of AB SKF
GOTHENBURG, Sweden, Jan. 23, 2024 /PRNewswire/ -- SKF's Nomination Committee proposes re-election of the board members Hans Stråberg, Hock Goh,Geert Follens , Håkan Buskhe,Susanna Schneeberger, Rickard Gustafson, Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén. Hans Stråberg is p...
Keysight Technologies Triumphs as Innovative Tech Company of the Year
KUALA LUMPUR, Malaysia, Jan. 23, 2024 /PRNewswire/ -- Keysight Technologies, a cutting-edge force in the technology landscape, is thrilled to announce its distinguished recognition as the recipient of the Innovative Tech Company of the Year award. This coveted accolade, bestowed upon Keysight by ...
SKF Awarded EcoVadis Platinum Rating for fourth year running
GOTHENBURG, Sweden, Jan. 22, 2024 /PRNewswire/ -- SKF has been awarded a Platinum Medal by EcoVadis, one of the most trusted providers of sustainability ratings for use in supply chains. This prestigious recognition places SKF in the top 1% among the more than 100,000 companies assessed worldwide...
xTool's First-Ever Brand Safety Campaign Kicks Off with a Notable Trade-In Program
IRWINDALE, Calif., Jan. 22, 2024 /PRNewswire/ -- xTool
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