Month: October 2021

  • Doosan Launches The DX380DM-7, The Third Model In The Company’s New High Reach Demolition Excavator Range

    Doosan Infracore Europe has launched the DX380DM-7, the third model in the company’s new High Reach Demolition Excavator range, joining the existing DX235DM and DX530DM models launched last year. Impressive Demolition Specifications   Operating from the high visibility, tiltable cab on the DX380DM-7, the operator has an excellent environment particularly…

  • Caterpillar’s Sales Return To Pre-Covid Levels

    Caterpillar has announced third quarter 2021 sales and revenues of US$12.4 billion, a 25% increase on the US$9.9 billion it made during the third quarter of 2020.   The company, which recently appointed its first chief sustainability and strategy officer, said its sales were driven by a higher demand for…

  • Production Start -Up At New Seal Ring Factory In The Himi Plant

    Komatsu Ltd. has built a new factory for seal rings, the parts of an undercarriage component, in its Himi Plant 2 as part of structural reforms for growth, one of the efforts of focus in the mid-term management plan. Komatsu held the completion ceremony today, and will start production in…

  • Hankook & Company Set Up Investment Fund To Secure New Growth Engine

    Hankook & Company Co., Ltd., the holding company of Hankook Tire & Technology Co., Ltd., established a fund with an aim to secure a new growth engine in the future. The first investment destination is Mobiltech, an Artificial Intelligent (AI)-based spatial information and service startup.   Hankook & Company, which…

  • Kobelco Crawlers Work On Hs2

    Four Kobelco CKE1350 crawler cranes work on flagship UK civil engineering rail project   UK sub-contractor SB3 is using four Kobelco CKE1350 crawler cranes at UK rail project High Speed 2’s Old Oak Common during construction of the station box.   SB3 is a joint venture between Soletanche Bachy and…

  • PGT Innovations Completes Acquisition Of Anlin Windows & Doors

    PGT Innovations, Inc., a national leader in premium windows and doors, including impact-resistant products and products designed to unify indoor/outdoor living spaces, today announced that it has completed its previously announced acquisition of Anlin Windows & Doors.   “This transaction supports our strategic framework for profitable growth by expanding our…

  • PPG Partners With Bradford Science Festival For Second Consecutive Year

    PPG announced that it has joined with the Bradford Science Festival for the second consecutive year as a major partner of the event’s science, technology, engineering and math education (STEM) programs. The festival is coordinated by the National Science and Media Museum in Bradford.   “We are delighted to be…

  • Valeo Displays Sound Financial Resilience In An Environment Marked By The Semiconductor Shortage

    PR_Valeo_Q3_2021_Sales_EN https://www.valeo.com/en/press-release-q3-2021-sales/

  • Rio Tinto And Bluescope To Explore Low Carbon-Steelmaking Pathways

    Rio Tinto and BlueScope will work together to explore low-carbon steelmaking pathways using Pilbara iron ores, including the use of clean hydrogen to replace coking coal at BlueScope’s Port Kembla Steelworks. The two companies have signed a Memorandum of Understanding (MOU) to research and design low-emissions processes for the steel…

  • Caterpillar Reports Third-Quarter 2021 Results

    3q21-caterpillar-inc-financial-results https://www.caterpillar.com/en/news/corporate-press-releases/h/3q21-results-caterpillar-inc.html

  • Terex Corporation Announces Third Quarter 2021 Results

    Terex-Corporation-Announces-Third-Quarter-2021-Results-2021 https://investors.terex.com/investor-relations/press-releases/press-release-details/2021/Terex-Corporation-Announces-Third-Quarter-2021-Results/default.aspx

  • 3M Finesse-It Robotic Paint Repair System Earns Prestigious SURCAR Award

    3M, a pioneer in the automotive industry’s paint repair process more than 100 years ago, is again setting the standard for the future of automated paint repair. The team behind the 3M™ Finesse-it™ Robotic Paint Repair System has been awarded one of the industry’s most prestigious honors for its groundbreaking…

  • Renesas Electronics Reports Financial Results For The Third Quarter Ended September 30, 2021 Back

    Renesas Electronics Corporation announced consolidated financial results in accordance with IFRS for the nine months ended September 30, 2021. Summary of Consolidated Financial Results (Note 1)   Three months ended September 30, 2021 Nine months ended September 30, 2021 Billion Yen % of Revenue Billion Yen % of Revenue Revenue…

  • BASF And Entegris Sign Agreement On The Sale Of Precision Microchemicals Business

    BASF and Entegris sign agreement on the sale of Precision Microchemicals business   BASF and Entegris have signed an agreement on the sale of the Precision Microchemicals business to Entegris for US$90 million. The transaction includes technologies, intellectual property and trademarks and is expected to be completed by the end…

  • The Aluminum Association Welcomes Charles Johnson As New President & CEO

    The Aluminum Association announced that Charles “Chuck” Johnson will join as the group’s new president & CEO effective January 3, 2022. Johnson previously spent more than four years as president & CEO of the International Safety Equipment Association (ISEA), a trade organization representing the personal protective equipment and technologies industry.…

  • Visteon Announces Third-Quarter 2021 Results

    Visteon Corporation announced third-quarter net sales of $631 million, representing a year-over-year decrease of 17% excluding the impact of currency. Total industry production decreased 20% while vehicle production at Visteon’s top customers decreased 25% in the same period, reflecting supply chain constraints and the worldwide semiconductor shortage. Despite these constraints,…

  • Renesas Acquires Celeno To Expand Connectivity Portfolio

    Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced it has entered into a definitive agreement with Celeno Communications, the leading provider of smart, innovative Wi-Fi solutions, under which Renesas will acquire Celeno in an all cash transaction valuing Celeno at approximately US$315 million (approximately 35.9 billion yen…

  • Bobcat Launches R2-Series Mini Excavators

    The new E50z and E55z mini excavators weigh 4.8 and 5.2 t respectively and are both powered by a Kubota V2403 four-cylinder engine, which provides 36.5 kW of power at 2200 RPM.   Robert Husar, product line director for Bobcat Mini-Excavators in EMEA (Europe, Middle East and Africa), said: “We…

  • 50 Years Of BASF’s Gas Treatment In Industrial Scale

    Comprehensive portfolio for 10 years under the brand OASE® Innovation OASE digilab: Analyzing samples almost in real time Important contributions to sustainability in the value chain The purification of gases has a long tradition at BASF since the development of the Haber-Bosch process. Fifty years ago – in 1971 –…

  • Trimble And Microsoft To Build Construction Cloud – Exclusive Interview

    Trimble and Microsoft have announced a strategic partnership to accelerate the digital transformation of construction by building the Trimble Construction Cloud powered by Microsoft Azure.   By leveraging the Microsoft cloud, the two companies will collaborate to develop, build and deliver industry cloud platforms and solutions that connect people, technology,…

  • AGCO Reports Third Quarter Results

    AGCO, a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the third quarter ended September 30, 2021. Net sales for the third quarter were approximately $2.7 billion, an increase of approximately 9.1% compared to the third quarter of 2020. Excluding favorable currency translation impacts of…

  • Cummins To Power Letenda’s New Battery Electric Transit Bus: The Electrip

    Letenda, a Canadian bus manufacturer, announced today that Cummins Inc. has been selected to power its new battery electric demonstrator vehicle, the Electrip transit bus. The Electrip is a 30-foot, zero-emissions transit bus powered by Cummins and is expected be unveiled in early 2022.   “We are proud to collaborate…

  • European Aluminium Calls For A Strong Industrial Strategy And Welcomes 6 New Members

    During its annual General Assembly, which took place on the 27th October, European Aluminium chair Ingrid Jörg called for a stronger EU industrial policy, citing unfair trade practices and a lack of access to affordable green energy as key challenges.   Jörg also welcomed six new members at this year’s…

  • Mitsubishi Motors Announces Production, Sales And Export Figures For September 2021 And First Half Of Fiscal 2021

        September 2021 Fiscal Year 2021 (21/04-21/09) Calendar Year 2021 (21/01-21/09) Volume YoY(%) Volume YoY(%) Volume YoY(%) Production Domestic Production 46,612 120.0 195,531 157.2 328,773 114.2 Overseas Production*1 49,127 132.4 270,980 178.0 431,028 133.7 Total 95,739 126.1 466,511 168.6 759,801 124.5 Domestic Sales*2 Registrations Total 3,262 123.7 13,884 146.9…