(IN BRIEF) Henkel’s Adhesive Technologies unit has acquired South African MRO specialist Nordbak, strengthening its growth platform in the mining, infrastructure, and industrial segments. Nordbak’s product range—including linings, backing compounds, and coatings—will be merged with Henkel’s global technology and sustainability … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Metals and Minerals, News, Technology
Tagged abrasion-resistant linings, Adhesive Technologies, Arash Radgoudarzi, asset life extension, corrosion coatings, crusher backing, emerging markets, epoxy compounds, Henkel, infrastructure, local expertise, Mark Beyl, Mining Sector, MRO Solutions, Nordbak, Operational Efficiency, partnership, South Africa, sustainability, sustainable manufacturing
(IN BRIEF) Volvo CE will sell its 70 percent share in SDLG to an LGG-controlled fund for SEK 8 billion, with closing expected in H2 2025 pending approvals. The deal, recognizing a SEK 1 billion one-time operating income gain (subject … Read the full press release
Posted in Automotive, Business, Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology
Tagged Chinese supplier ecosystem, heavy infrastructure, LGG fund, Lingong Group, Melker Jernberg, Mining Sector, operating income impact, partnership, premium equipment, quarry aggregates, SDLG divestment, Volvo CE, Volvo Construction Equipment
(IN BRIEF) NORDEN has announced the addition of two Capesize newbuilding leases with purchase options, underscoring its confidence in a positive long-term outlook for Capesize freight rates. These vessels, to be constructed in Japan and delivered in 2026 and 2027, … Read the full press release
Posted in Business, Denmark, News, Transportation & Logistics
Tagged ageing fleet, Capesize freight rates, chartered fleet, dry bulk cargo, efficient, global ocean freight, leased vessels, liquid bulk cargo, low orderbook, Mining Sector, modern fleet, newbuilding leases, NORDEN, owned fleet, purchase options, sustainable, vessels
(IN BRIEF) Boliden, a leading mining and metals company, has taken a groundbreaking step by integrating climate goals validated by the Science Based Targets initiative (SBTi) into its existing revolving credit facilities agreement (RCF). The RCF, totaling EUR 850 million, … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged Boliden, climate goals, Financial Agreements, Håkan Gabrielsson, Mining Sector, partnership, sustainability
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