Displaying items by tag: Finland

Finland: Miikka Riionheimo has been appointed as the chief executive officer (CEO) of Finnsementti with effect from 1 June 2017. He will replace the current CEO Kalervo Matikainen when he retires. Riionheimo has worked in a variety of roles for Hella since 2004 and also worked for Sandvik. He became the chief operating officer of Finnsementti in 2016.

China: Finland’s Enersize has signed a deal to provide its system for measurements and efficiency analysis of energy usage in industrial compressed air systems to the BBMG Liulihe Cement Plant. Installation of the system will start in the second quarter of 2017 and potential savings will follow after measurement data has been collected.

“BBMG fits this profile perfectly with many plants all over China and we are happy that we now have secured a first project with them,“ said Sami Mykkänen, the chief executive officer of Enersize.

Finland: Logistics company RL-Trans has ordered a Dino DS400 mobile bulk truck loader. The loader has loading bellows and a capacity of 90m³/hr. The Dino can be used to fill 53t into extra-large bulk trucks, such as those used in Finland, within two hours. Following the completion of a bulk terminal RL-Trans wanted to be able to deliver packed bulk goods. It then made the order via screw conveyor manufacturer Van Beek based in the Netherlands.

US: Terex Corporation has completed the sale of its Material Handling and Port Solutions (MHPS) business to Finland’s Konecranes for US$595m and Euro200m in cash and 19.6 million newly issued class B shares representing a 25% interest in Konecranes. The final transaction is subject to post-closing adjustments for cash, debt, working capital, MHPS actual 2016 EBITDA and the closing of the sale of the Stahl CraneSystems business.

“We believe that the Konecranes-MHPS combination represents compelling industrial logic that will deliver significant value to Konecranes’ customers, team members and shareholders, including Terex,” said John L Garrison, Terex president and chief executive officer.

Terex Corporation is a manufacturer of lifting and material processing products and services.

Russia: Eurocement Group has said that it is targeting exports of cement at Denmark and the UK. Company chief executive officer Mikhail Skorokhod said that ‘contracts in Denmark and Britain are forthcoming’ in an interview with PricewaterhouseCoopers that was recorded ahead of the St Petersburg International Economic Forum.

Exports by Eurocement to Finland and the Baltic states have been taking place since the end of 2015 with a gradual increase in sales volumes. In Finland the cement producer has a market share of 5%. Skorokhod added that the devaluation of the Russian Ruble has opened up export opportunities for the company. However, the company has not disclosed the volume of its exports, according to Interfax.

The overall volume of cement exports from Russia in January to April 2016 reached 230,000t with production of 13.6Mt, according to data from the Union of Cement Producers.

Saudi Arabia/Finland: Wärtsilä has received an order to supply a turnkey power plant for the Umm Al-Qura Cement Company. The 47MW captive power plant will be located close to Taif city. The equipment will be delivered by February 2015 and the project will enter commercial operation by October 2015.

The power plant consists of five 20-cylinder Wärtsilä 32TS engines, a new two-stage turbocharged version of the Wärtsilä 32 series. This new engine is designed to operate efficiently in high temperate and altitude conditions such as a location of this project with temperatures up to 50°C and an altitude above 1000m. After completion of this project, Wärtsilä will have supplied more than 1600MW of installed power plant capacity in Saudi Arabia.

Finland: Refractory solutions firm Calderys, subsidiary of Imerys, has announced that it has acquired Termorak Group in Finland, a company that specialises in refractory services that include lining design, refractory material sourcing, installation work and inspections for a range of industries, including cement.

Through the acquisition Calderys will expand its position in the petrochemical and pulp and paper industries, as well as in the power business in Finland, Russia, the Baltic countries and in south eastern Asia.

Markus Larkimo, managing director of Calderys Finland OY stated that, "Calderys has been present in the Finnish market for over 80 years of service to the iron and steel, ferrous foundry and boiler industries. Termorak's world-class people, expertise and services fit perfectly in our portfolio and will enable us to offer a wider range of refractory solutions to all our customers."

Finland: MacGregor has secured a new order for autonomous loading and unloading systems for an 8700DWT cement carrier to be built for Japanese ship-owner Taiheiyo Kisen Kaisha. The cement handling systems are designed to carry three grades of cement at a rated capacity of 1000t/hr.

"The totally enclosed cement handling arrangements will ensure flexible, efficient and clean cargo operations," says Anders Berencsy, Sales Manager, Selfunloaders at MacGregor.

Cargotec subsidiary MacGregor provides engineering solutions and services for handling marine cargoes and offshore loads.