Cargotec wins electric crane contract in China
Wednesday, January 9, 2013 - 12:00
Cargotec has secured an order from Dalian Shipbuilding Industry Co Ltd, in China, for 16 MacGregor variable frequency drive (VFD) electric cranes. They have been specified for four 3,900 TEU container vessels being constructed for Singapore-based Pacific International Lines.
"MacGregor electric cranes are the ideal choice for these new ships. In comparison to hydraulic equivalents, our VFD cranes offer 30-35 per cent less power consumption, which results in lower running costs and l...
Powerful enzymes create ethanol from agricultural harvest waste in VTT’s project
Wednesday, January 9, 2013 - 11:00
The mainly EU-funded DISCO project coordinated by VTT Technical Research Centre of Finland has developed powerful enzymes that accelerate plant biomass conversion into sugars and further into products such as bioethanol.
The project's results include lignin-tolerant enzymes and enzyme cocktails for processing spruce, straw, corn cob and wheat bran. Plant biomass was chosen as the raw material for the project, since it contains lignocellulosic biomass, which is an abundant raw materi...
Wärtsilä to supply large flexible power plant to Texas utility
Tuesday, January 8, 2013 - 16:00
Wärtsilä has received an order to engineer and supply a 225 MW power plant to South Texas Electric Cooperative (STEC) in the USA.
The STEC Red Gate power plant, located in Hidalgo County, Texas, will be powered by 12 Wärtsilä 50SG engines running on natural gas. The power plant is scheduled to be in commercial operation by summer 2014, and it will help STEC to meet the growing demand for electricity in South Texas.
The plant is designed to meet BACT (Best Available Contro...
KONE acquires its Israeli distributor Isralift
Monday, January 7, 2013 - 14:45
KONE has acquired Isralift, its authorized distributor in Israel. Isralift is one of the leading elevator and escalator companies in Israel and it has been KONE's distributor for over 10 years.
"Isralift has excellent knowledge of our products and they have developed strong customer relationships in the market," says Pierre Liautaud, EVP and Area Director for South and West Europe, KONE.
Isralift has approximately 12,000 elevators in its maintenance base and employs 330 peo...
VTT and Lumichip in joint company investment to make breakthrough in LED manufacture
Monday, January 7, 2013 - 11:15
VTT Ventures Ltd and Lumichip Ltd announced a joint investment in Finnish LED technology company LightTherm Ltd.
LightTherm is VTT Technology Research Centre of Finland’s new spin-off company whose innovative LED interconnection solution can yield better thermal characteristics and cooler semiconductor junction temperatures. LightTherm’s technology will therefore remedy the major LED technology problem of heat sensitivity of used components and materials. The solution will incre...
Cargotec delivers three all-electric RTGs to Concor in India
Friday, January 4, 2013 - 15:15
Cargotec will supply three Kalmar E-One2 rubber tyred gantry cranes to Container Corporation of India ltd’s (Concor) Concor's Tuglakabad terminal in New Delhi. The deal is further proof that the environmentally friendly, all-electric Kalmar E-One2 RTGs have quickly become the industry's favorite.
Concor is the market leader in India with over 62 inland container deports and container freight stations. The company was looking for the most technologically advanced and environmenta...
Outokumpu becomes global steel leader with acquisition of Inoxum from ThyssenKrupp
Thursday, January 3, 2013 - 12:00
Outokumpu has completed the acquisition of stainless steel company Inoxum from ThyssenKrupp. The deal makes Outokumpu the new global steel leader.
Outokumpu now has roughly a 40 per cent steel market share in Europe and 12 per cent share globally. The company has the broadest portfolio in the industry and unparalleled technical expertise and customer knowledge.
“The rationale for building this new industry powerhouse remains as strong as ever; optimizing our production stru...
Metso strengthens plant optimization services by acquiring US software company ExperTune
Thursday, January 3, 2013 - 10:45
Metso has acquired US software company ExperTune Inc. ExperTune’s products are widely used as software tools to analyze and monitor the performance of industrial processes and to identify the associated maintenance and improvement opportunities.
The acquisition expands and strengthens Metso's ability to provide business-enhancing services to customers globally. ExperTune’s products will be sold as stand-alone solutions that can be used in any automation system environment and as...
Wärtsilä to supply major dual-fuel power plant to Jordan
Wednesday, January 2, 2013 - 16:15
Wärtsilä will engineer, supply and install a major power plant to Jordan. The order has been placed by AES Corporation, a US based independent power producer. The value of the contract is EUR 184 million.
The power plant will supply electricity to the country’s national grid and will be running on a total of 16 Wärtsilä 50DF dual-fuel engines. It will be capable of using heavy fuel oil (HFO), distillate (DFO) or natural gas as fuel. It is expected that initially the plant will...
Ruukki and CapMan create Europe's leading manufacturing partner for the engineering industry
Monday, December 31, 2012 - 19:15
Ruukki and CapMan have finalized the agreement made in October to form a new company, Fortaco. Ruukki's ownership in the company is 19 per cent.
Fortaco will be a leading manufacturing partner for the engineering industry and Europe's largest actor in its field. The company is expected to generate pro-forma net sales of approximately EUR 270 million in 2012 and will have a total of approximately 2,600 employees.
The employees of Ruukki Engineering transferred to the new compa...