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Dutch offshore crane maker Huisman launched a renewed series of subsea Knuckle Boom Cranes for the use in the offshore subsea construction market. “With this new series, the company’s portfolio has been adapted to the latest trends in offshore construction vessels with respect to energy efficiency, automation, and safety,” Huisman said. According to Huisman, the…
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Arunima Kumar Oct 24, 2023 Credit: JHVEPhoto/AdobeStock Halliburton reported a 32% rise in third-quarter profit on Tuesday as higher international drilling and equipment demand helped overcome weakness in North America. Oil and gas companies, who rely on service providers for drilling, well construction, and completion services, are reinvesting record profits from the market disruption caused…
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Domino Printing Sciences has released a new Vx-Series, state-of-the-art thermal transfer overprinters (TTO) for increased efficiency on flexible food packaging lines. The Vx-Series is designed to maximise production uptime while reducing ribbon usage in flow wrap and vertical (VFFS) and horizontal form fill seal (HFFS) applications. Domino said the Vx-Series was developed in direct consultation…
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Tate & Lyle has announced a major investment programme in its corn wet mill in Boleráz, Slovakia, to establish new capacity for its non-GMO Promitor Soluble Fibres. The production of fibres during the first phase of the programme will start in mid-2024, representing a €25 million investment. The ingredients makers said its programme is expected…
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Image courtesy 123rf The International Energy Agency’s (IEA’s) latest World Energy Outlook (WEO) report finds that investment in robust, digitalised grid systems will be key for preventing costs associated with potentially volatile fuel prices. The report, which looks to a 2030 energy system in which clean tech plays a significantly greater role than today, states…
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Image courtesy 123rf The European Bank for Reconstruction and Development (EBRD) is providing a $50 million loan to United Metals Company (UMC), a copper rod manufacturer in Egypt. The Bank’s loan will finance the working capital of UMC, including for importing copper cathodes, which are key to the production of cables. UMC is a subsidiary…
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Image credit: Rolls-Royce mtu Power solutions company Rolls-Royce is supplying its mtu emergency gensets to a global provider of hyperscale data center solutions in the case of potential power grid failures. A total of 31 mtu emergency gensets and a complete mtu EnergetIQ control system will be provided to the hyperscale data center located near…
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Sidel’s latest stretch film technology, EvoFilm Stretch, is designed to offer the beverage and food, home markets a new sustainable solution for secondary packaging. Sidel notes that as consumer trends, such as sustainability and SKU proliferation, continue to affect distribution and production needs, customers require alternative secondary packaging solutions which can address these demands, in…
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Oct 24, 2023 Saipem 3000 – Credit: Saipem (file image) Italian offshore energy industry services firm Saipem said Tuesday it had completed installation works for the Neart na Gaoithe (NnG) offshore wind farm, located in the North Sea, 15.5km off the east coast of Scotland. Once operational, the 450MW NnG offshore wind farm will able to…
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Image credit: 123rf.com Mel Gander, Kaluza’s Chief Operating Officer, highlights why three of the most common things she hears about electric vehicles (EVs) aren’t true. There is a lot of confusion around electric vehicles. Just last weekend, a friend was looking into which EV he should upgrade to as part of his company car scheme.…
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