ABB has acquired Alstom’s ring motor business, saying the deal will enhance its gearless mill drive (GMD) system business. Financial details of the transaction were not disclosed. Based in Bilbao, Spain, the business has about 120 ...
Tags: ABB, Motor Business
From January to June, the industrial profits of enterprises above designated size achieved 2,583.66 billion yuan, an increase of 11.1 percent over the same period last year, 1.2 percentage points lower than that in the first five months. Of ...
Tags: Industrial Profits
Trade barriers between the EU and Colombia will be lifted as of 1 August 2013, when a comprehensive and far-reaching trade deal enters into application. The Agreement will open up markets for both EU and Colombian exporters, eventually ...
German automobile manufacturer MAN Truck & Bus has secured an order to deliver 140 units of its semitrailer tractors to the South Africa based logistics service provider Reinhard Transport Group (RTG). The order includes MAN TGS.27.440 ...
ArcelorMittal signs contract with STX France for world's biggest cruise ship Monday, Jul 22, 2013 ArcelorMittal has been selected by the STX France shipyard in St Nazaire to supply 100% of the steel for the hull and 20 bridges in the ...
Tags: Transportation, logistics
Russian steelmaker Severstal has announced its operational results for the second quarter of the current year. Accordingly, Severstal's crude steel output increased by five percent quarter on quarter to 4.031 million mt in the second ...
Tags: Crude Steel Output, Mineral
Finland-based nickel and zinc miner Talvivaara Mining Company Plc has announced that it produced 1,776 mt of nickel in the second quarter of the current year and 4,508 mt of nickel in the first six months. The company carried out a ...
Tags: Talvivaara, Mineral
Ukrainian mining and steel producing group Metinvest has announced that it has entered into definitive agreements on cooperation with Canadian iron ore exploration company Black Iron and to invest in BKI Cyprus, which is a wholly-owned ...
Tags: Black Iron, Iron Ore Projects
PPG Industries has announced the opening of a new manufacturing facility for the production of heavy-duty equipment coatings in Tianjin, China. The Tianjin site also has installed equipment to help reduce volatile organic compound (VOC) ...
Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
Metinvest, a largest in Ukraine and also an international vertically integrated steel & mining company has officially announced its subsidiary Yenakiieve Iron & Steel Works Makiivka branch has conducted the production of ...
Tags: Metinvest, Rebar Product, Mining Industry
The hectic world today cannot run without a climate control solution and power backup. All business would come to a standstill without big equipment like air conditioners and generators. All types of temporary structures, various types of ...
Tags: Power, Processing Machinery
Less Water - Peristaltic Pumps Use Less Water: Hose pumps can circulate slurry SGs of 1.6 to 1.8 or up to 80% solid content. The traditional centrifugal pump loses efficiency when the slurry SG reaches 1.3 or 30% solids. With this ...
Tags: Peristaltic Pump, Pump, Industrial Equipment
Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel, has announced that it has signed a cooperation agreement with the ministry of international trade of British Columbia, Canada, ...
Tags: Ink Coal Mining, Mineral
In the January-May period this year, Italy's steel exports to non-European Union (EU) countries totaled 2.203 million metric tons, down by nine percent, while its steel imports from non-EU sources totaled 3.332 million metric tons, up 27.3 ...
Tags: Flat Steel, Non-EU Countries