Author: Stephen White
Finnish machinery company Metso has officially concluded its waste-to-energy business and resolved the associated legal disputes concerning historic projects. As a result, the company will record a one-off expense of $275 million in the July-September financial results of its discontinued operations. The total cash flow impact of this expense in 2024, considering existing provisions, amounts to around $290 million. The waste-to-energy business has been classified as part of discontinued operations within Outotec since December 2019 and within Metso following the merger of Metso Minerals and Outotec in 2020. By ending the business and settling legal disputes, Metso has fulfilled its…
Mammoet, a global leader in heavy lifting and transport, has commenced work on the construction of a new combined cycle gas turbine (CCGT) power plant in Altbach/Deizisau, Germany. This project, led by energy company EnBW, represents a significant step toward the future use of low-CO2 or green hydrogen by the 2030s. Initially, the plant will transition from coal to gas for electricity and heat production starting in 2026, ensuring an uninterrupted energy supply to both households and industry in the region. Securing a reliable and competent partner was critical for this project, given its importance in maintaining continuous energy supply…
Kiverco, a leading manufacturer of recycling plants, has successfully completed the installation of a second state-of-the-art recycling facility for Britaniacrest, a waste management company based in Surrey. This marks a significant milestone in a partnership that has spanned over 16 years, showcasing Kiverco’s commitment to building long-term customer relationships. Britaniacrest, having outgrown their previous recycling facility, once again turned to Kiverco for an innovative solution to manage two distinct waste streams: Construction and Demolition (C&D) waste and Commercial and Industrial (C&I) waste. Kiverco responded by designing and delivering a bespoke recycling plant that meets Britaniacrest’s objectives of diverting waste from…
Al Ghurair Foods, a prominent food processing company in the UAE, has commenced the construction of the region’s first state-of-the-art Corn Starch Manufacturing Plant at Khalifa Economic Zones Abu Dhabi (KEZAD). This landmark facility marks a significant milestone in enhancing the UAE’s food production capabilities and supporting the nation’s National Strategy for Food Security. Situated on a sprawling 13.6-hectare site in KEZAD Area A – Al Ma’mourah, the new plant is poised to serve both local and international markets. It will be equipped with cutting-edge technologies designed to produce a variety of products, including native and modified starches, glucose syrups,…
Nakheel has awarded a US $220mn contract for marine works on Palm Jebel Ali to Jan De Nul Dredging. Part of the international Jan De Nul Group, the company will be responsible for dredging, land reclamation, beach profiling and sand placement, directly supporting the construction of villas across all fronds. Jan De Nul Dredging is expected to complete the entire scope of marine works at Palm Jebel Ali in two years. The first eight fronds of the project are expected to be site-ready by the first quarter of 2025, allowing for the commencement of villa infrastructure and civil works, the…
Saudi Arabia is set to welcome the world’s leading figures in the mineral sector to the fourth edition of the Future Minerals Forum (FMF), scheduled to take place from 14th to 16th January 2025. The event, which will be held at the King Abdulaziz International Conference Center in Riyadh, is organised under the patronage of King Salman bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques. The FMF, a pioneering government-led initiative by Saudi Arabia’s Ministry of Industry and Mineral Resources, has swiftly become the preeminent global platform for discourse and collaboration in the mining and mineral sectors.…
Mace, renowned for its consultancy and construction expertise, has been appointed to lead the full range of delivery partner services for the ambitious King Salman International Airport project, in partnership with the King Salman International Airport Development Company (KSIADC). This six-runway airport is set to become one of the largest in the world, embodying Saudi Arabia’s Vision 2030 ambitions. Mace’s role in the project is extensive, encompassing project and programme management, PMO and planning, construction management, and cost and commercial management. The firm will also oversee procurement, logistics, health and safety strategy, as well as sustainability, environmental, and carbon-advisory services.…
Al-Bahar, the authorised dealer of Caterpillar products and services across the UAE, Oman, Bahrain, Kuwait, and Qatar, has successfully concluded its entry-level Internal Challenge, a segment of the Global Dealer Technician Challenge (GDTC) hosted by Caterpillar. The competition, dubbed “Heroes of the Trade,” took place over four intense days at Al-Bahar’s Regional Training Centre in Sharjah, UAE. The event saw four top technicians battle it out, with two emerging victorious to represent Al-Bahar at the Regional Qualifiers in Dubai this November. “At Al-Bahar, we are dedicated to fostering a culture of excellence within our service network, as our technicians are…
Terex Rough Terrain Cranes has expanded its TRT Series with the introduction of two new models, the TRT 100 and TRT 60. These additions follow the recent launch of the TRT 80L, further broadening the company’s range of user-friendly and durable cranes. The TRT Series is known for its advanced features, and the new TRT 100 and TRT 60 models are no exception. Both models come equipped with the intelligent TEOS operating system, which enhances ease of use and operational efficiency. The compact design, four steering modes, and proportional full power telescoping boom provide flexibility and precision, making these cranes…
Bobcat has introduced the R2-Series generation of 5-6 tonne mini-excavators, the E50z and E55z models, specifically tailored for the Middle East and Africa markets. These machines are designed with state-of-the-art features aimed at improving operator comfort, safety, and overall machine performance. Tailored Features for Different Needs The E50z and E55z models feature Bobcat’s Zero House Swing (ZHS) technology, which enhances the standard zero tail swing design. This feature ensures that the upper structure’s rotation remains entirely within the tracks’ footprint, offering added protection when operating near walls or in confined spaces. This includes the boom swing offset cylinder, front corners,…