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Continental to acquire NorrVulk 05 July 2022
Sweden: Germany-based Continental has signed an agreement to acquire belt systems supplier and service company NorrVulk. NorrVulk employs 16 people and is focused on the Northern Swedish market. It will join Continental’s 16-country, 5800-employee conveying solutions unit.
COBOD to supply 3D printers in Australia and Canada 05 July 2022
Australia/Canada: Fortex and Nidus3D have won contracts to become Denmark-based COBOD’s distribution partners for the Australian and Canadian markets respectively. Nidus3D previously printed a multi-unit residential building, the first of its kind in North America, using COBOD’s 3D printing equipment. Meanwhile, the supplier says that its first BOD2 3D printer available on the Australian market will arrive there in late 2022.
Regarding the Australian contract with Fortex, COBOD noted that it will make its equipment available on six different continents.
Mudajaya Group Berhad to acquire Real Jade Limited 04 July 2022
China: Mudajaya Group Berhad has concluded a deal to acquire Real Jade Limited for US$51m. The deal marks the Malaysia-based conglomerate’s first expansion into the Chinese market. Real Jade Limited operates the 1Mt/yr Shandong integrated cement plant. It employs 50 people in Shandong Province.
Asia: FLSmidth says that it has won a contract to supply its low-NOx ILC preheater, an OK raw mill, an OK cement mill and other equipment to a cement plant in Asia. FLSmidth will deliver the equipment in 2023. The total value of the deal is US$56.1m.
FLSmidth’s cement industry president Carsten Riisberg Lund said "This project showcases FLSmidth’s ability to deliver energy efficient technologies across the full cement flowsheet, and thereby support our customers in both increasing capacity and their sustainability efforts.”
Dal Machinery & Design delivers new mill and drive to Holcim Azerbaijan’s Garadagh cement plant 04 July 2022
Azerbaijan: Turkey-based Dal Machinery & Design has successfully delivered a ball mill and drive set to Holcim Azerbaijan’s Garadagh cement plant. The supplier says that the equipment will serve cement grinding operations at the plant.