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Alstom to build the first ultra-supercritical lignite-fired Power Plant in Asia

Power Plant Project
Alstom, in consortium with Marubeni Corporation, has signed an agreement with the Electricity Generating Authority of Thailand (EGAT) to supply and build the new unit at Mae Moh power plant. The total amount of the contract is EUR 950 million in total, with Alstom’s share of the contract worth approx. EUR 520 million.

BHP Billiton creates new Company to be Named South32

The majority of South32’s selected assets are located in the southern hemisphere with its two regional centres – Australia and South Africa .
Demerger
BHP Billiton announced that the new company it intends to create through its proposed demerger will be called South32. The majority of South32’s selected assets are located in the southern hemisphere with its two regional centres – Australia and South Africa – linked by the thirty-second parallel south line of latitude. The company’s name represents this footprint and its regional approach to managing its operations.

Premier Tech invests CAD 7 Million to expand one of its Plants

Starting in March 2017, the work for adding 2300 sqm to one of the two Industrial Equipment Group plants in Rivière-du-Loup will get under way.
Plant Expansion
To support the steady growth of its Industrial Equipment Group, Premier Tech will inject CAD 7 million into expanding one of the plants at its Campus in Rivière-du-Loup, Quebec, Canada. That investment is required due to the great demand for its automated packaging systems manufactured in Rivière-du-Loup and exported primarily to the Americas.

Metso enhances Assembly Capacity of Lokotrack Mobile Crushing Plants

In the future, motors will also be assembled next to the new Speedline 2 so that all components to be installed in Lokotrack equipment will be in the same hall.
Mobile Crushing Plants
The capacity of Metso's Tampere factories will be increased and occupational safety improved with the new production line for Lokotrack mobile crushing plants. The investment of approx. EUR 1 million will significantly shorten the delivery times of equipment models put into line assembly production. The construction work for the new line will already start during the summer, and the first new Lokotrack equipment would come out of the line in Q1 2018.

Caterpillar reports solid First-Quarter but predicts Headwinds for the rest of 2015

2015 First-Quarter Results
Caterpillar announced its First-Quarter 2015 Results on April 23. The company delivered solid results for the first quarter of this year, including higher profit than in the first quarter of 2014. In each of the remaining three quarters of 2015, however, the company expect sales and profit to be lower than the first quarter.

Dust Control Technology has changed its name to BossTek

Dust Control Technology has changed its name to BossTek to better reflect all of the company’s successful product lines.
Dust and Odour Suppression
A global leader in dust and odour control has announced a company name change that embodies the firm’s expanded portfolio of technologies and services. After pioneering atomized mist dust control cannons more than a decade ago with its powerful DustBoss designs, Dust Control Technology has changed its name to BossTek to better reflect all of the company’s successful product lines.

Feasibility Study for new Rio Tinto Iron Ore Development in the Pilbara

The Koodaideri development will require an expected 1600 construction jobs and a further 600 operational staff if approved.
Iron Ore Mining Project
Rio Tinto has approved an investment of USD 30.9 million to complete the project feasibility study for the development of its Koodaideri iron ore deposit in Western Australia. The study, which is included in the group’s disclosed capital guidance, will examine the Koodaideri option as Rio Tinto’s next potential major mining development in the Pilbara, and is intended to replace existing production.

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