Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Transocean: District Court in Oslo Norway acquitted all defendants of all charges relating to criminal charges against three of the Company’s subsidiaries

Zug, Switzerland, 3-7-2014 — /EuropaWire/ — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) (the “Company”) announced that the District Court in Oslo, Norway today ruled in a criminal case relating to criminal charges issued by Norwegian authorities against three of the Company’s subsidiaries … Read the full press release

INEOS to acquire BASF’s 50% share in their joint venture Styrolution for €1.1 billion

Rolle, Switzerland and Ludwigshafen, Germany, 30-6-2014 — /EuropaWire/ — INEOS will acquire BASF’s 50% share in Styrolution, a joint venture between the companies. The purchase price to be paid by INEOS amounts to €1.1 billion. A call option in favor of INEOS … Read the full press release

Patrice Merrin appointed Independent Non-Executive Director at Glencore plc

Baar, Switzerland, 27-6-2014 — /EuropaWire/ — The Board of Glencore plc announces the appointment of Patrice Merrin as an Independent Non-Executive Director of the Company with immediate effect. Following initial roles with Molson and Canadian Pacific, Patrice E. Merrin worked at Sherritt, … Read the full press release

Glencore’s AUD589M investment in Ernest Henry Mining in north-west Queensland, Australia commences operations from new kilometre-deep hoisting shaft

Cloncurry, Australia, 27-6-2014 — /EuropaWire/ — Glencore’s AUD589 million investment in Ernest Henry Mining near Cloncurry in north-west Queensland, Australia, to transition from open pit to underground operations has celebrated a significant milestone; commencing operations from a new kilometre-deep hoisting shaft. … Read the full press release

ANDRITZ successfully completed start-up of the PrimeLineCOMPACT tissue machine with steel Yankee supplied to Hebei Yihoucheng, China

International technology Group ANDRITZ has successfully completed start-up of the PrimeLineCOMPACT tissue machine – the first of its kind in China – with steel Yankee supplied to Hebei Yihoucheng, China. Graz, Austria, 25-6-2014 — /EuropaWire/ — The machine has a design speed … Read the full press release

Vestas to supply Borusan EnBW with 10 V112-3.3 MW turbines for the 33 MW Fuat RES wind power plant in Turkey

Borusan EnBW orders 10 V112-3.3 MW turbines for 33 MW project in Turkey, finalising the 207 MW framework agreement with Vestas. MADRID, 24-6-2014 — /EuropaWire/ — Vestas will supply 10 V112-3.3 MW turbines for the 33 MW Fuat RES wind power … Read the full press release

Naval defence leader DCNS to present at BALT MILITARY EXPO 2014 in Poland from 24 to 26 June 2014

DCNS will exhibit at BALT MILITARY EXPO 2014 which will be held in Poland from 24 to 26 June 2014. DCNS is a world leader in naval defence and an innovator in the energy sector. As a naval prime contractor, … Read the full press release

DTR Corporation and Magneti Marelli S.p.A. to establish joint venture for the acquisition of CF Gomma

The shareholding proportion will be 60% for DTR and 40% for Magneti Marelli MILAN, 23-6-2014 — /EuropaWire/ — DTR Corporation and Magneti Marelli S.p.A. have signed an agreement for the establishment of a Joint Venture aimed at the acquisition of CF Gomma, … Read the full press release

The LEGO Group inaugurated the latest expansion of their factory in Ciénega de Flores, Nuevo Leon, Mexico

A 48,000 square meters expansion of the current LEGO factory in Mexico creates approximately 1000 jobs and enables the LEGO Group to better service core markets in North and South America. Ciénega de Flores, Mexico, 21-6-2014 — /EuropaWire/ — The LEGO … Read the full press release

German web printer Bagel RotoOffset implements Apogee Suite 8 workflow with automatic imposition and 64-bit processing from Agfa Graphics

Bagel RotoOffset, a web printer in Germany is able to work more efficiently thanks to the installation and use of Apogee Suite 8 workflow with automatic imposition and 64-bit processing from Agfa Graphics. This latest version of Agfa Graphics’ PDF … Read the full press release

AkzoNobel names Maëlys Castella as the company’s new Chief Financial Officer

Amsterdam, Netherlands, 17-6-2014 — /EuropaWire/ — AkzoNobel has today announced the appointment of Maëlys Castella (47) as the company’s new Chief Financial Officer. She will officially take up the position on September 15. Maëlys Castella succeeds Keith Nichols, who announced his intention to … Read the full press release

Ahlstrom to grant its President and CEO Marco Levi 120,000 company shares as part of long-term incentive plan

Helsinki, Finland, 17-6-2014 — /EuropaWire/ — Ahlstrom Corporation’s President and CEO Marco Levi has started in his new position today, on June 16, 2014. The Board of Directors of Ahlstrom has on June 15, 2014 decided to grant Marco Levi a total of … Read the full press release

K+S aims to increase the proportion of women in management positions by approximately 30% by 2020

Kassel, Germany, 16-6-2014 — /EuropaWire/ — For the third year in a row, the proportion of women in senior management at K+S has continued to increase. In 2013 the proportion of women in management positions in Germany came to 11.2% compared … Read the full press release

NV Bekaert SA announces the successful placement of 0.75% senior unsecured convertible bonds due June 2018 for principal amount of € 300 million

Kortrijk, Belgium, 16-6-2014 — /EuropaWire/ — NV Bekaert SA (“Bekaert” or, the “Company”) announces today the successful placement of 0.75% senior unsecured convertible bonds due June 2018 (the “Bonds”), for a principal amount of € 300 million. Payment for and delivery of the … Read the full press release

ABB released third-party verification that its Onboard DC Grid helps vessels reduce their fuel consumption and trim their environmental impact

Industry’s first documented results from Onboard DC Grid vessel confirm considerable fuel and noise reduction Zurich, Switzerland, 16-6-2014 — /EuropaWire/ — ABB, the leading power and automation technology group, today released third-party verification that its Onboard DC Grid helps vessels reduce … Read the full press release

LUKOIL celebrated the commissioning of mining and concentration complex at the Vladimir Grib field north-east of Arkhangelsk

Moscow, Russia, 16-6-2014 — /EuropaWire/ — Vladimir Putin, President of the Russian Federation, and Vagit Alekperov, OAO LUKOIL President, participated in a festive celebration today dedicated to the commissioning of a mining and concentration complex at the Vladimir Grib field. The V.Grib field development … Read the full press release

Stora Enso awarded Pöyry engineering and site services assignment for the pulp mill rebuild and paper machine conversion project at its Varkaus Mill in Finland

Vantaa, Finland, 13-6-2014 — /EuropaWire/ — Stora Enso has awarded Pöyry with the assignment for the engineering and site services for the pulp mill rebuild and paper machine conversion project at its Varkaus Mill in Finland. The assignment relates to the pulp mill … Read the full press release

Czech Republic: OKD Darkov Mine awarded the Golden Permon in 2013 for its extraordinary safety achievements

KARVINÁ, 13-6-2014 — /EuropaWire/ — OKD Darkov Mine with over 3 thousands employees was awarded the Golden Permon in 2013 for its extraordinary achievements in the area of safety, the category Mining activity carried out underground – a hard coal mine. … Read the full press release

Husqvarna Group to establish new organization for its forest and garden operations

Stockholm, 13-6-2014 — /EuropaWire/ — Husqvarna Group will establish a new organization for its forest and garden operations which follows the brand dimension with a global profit and loss responsibility. The Construction division will continue in its current form. The … Read the full press release

Fokker Services reaches agreement with US authorities to pay $21 million cash settlement related to transactions and customers in US sanctioned countries

Hoofddorp, Netherlands, 12-6-2014 — /EuropaWire/ — Fokker Services (FS) announced it has entered into agreements with the US Department of Justice (DOJ), US Department of Treasury Office of Foreign Assets Control (OFAC) and the US Department of Commerce Bureau of Industry and … Read the full press release