Author: Stephen White

The global construction machinery market will grow from $308.97 billion in 2022 to $336.72 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The construction machinery market is expected to grow from $458.34 billion in 2027 at a CAGR of 8.0%. The construction…

Lithium-ion batteries work by a process of charging and discharging, generating an electrical current. They consist of an anode, a cathode, positive and negative current collectors, an electrolyte and a separator. The electrolyte is conductive gel or liquid which carries positively charged lithium ions from the anode to the cathode, and vice versa. This movement takes place through the separator, a porous plastic film that separates both electrodes. Free electrons generate a charge at the positive current collector, which then flows through the machinery or appliance to the negative current collector. When all ions have been received by the cathode,…

This year’s Bobcat Demo Days event is playing host to customers, dealers and the press from all over Europe, the Middle East and Africa (EMEA), who have come to see the latest that Bobcat has to offer. CMME was there this week to look at the US brand’s latest technology and will be digging into more detail in the coming weeks, including the first look at Bobcat’s S7X, the world’s first all-electric skid-steer loader, The event was also an opportunity to meet Joe Keller, the son of one of the two brothers that invented the original skid steer loader back…

After the regional launch in Dubai in December 2021, IVECO brand and the Arabian Auto Agency presented the new Heavy Range to the Saudi market in a dedicated event held on 17th May 2023 at the Intercontinental Golf Riyad Hotel, as a new milestone of the IVECO and AAA history. Thanks to AAA network, with four main branches and more than 10 regional parts outlets, the Saudi market represents one of the most strategical markets for IVECO in terms of investment, presence and customer value. IVECO, with the claim DRIVE THE NEW WAY, unveiled the new IVECO S-Way range to…

DP World has launched the first direct freight service between the UAE and Iraq. Said to make the flow of goods between the two countries faster, safer and more efficient, the service uses specially designed “unaccompanied trailers” for roll-on, roll-off (RORO) operations. Towing the trailers, the vehicles can be transported by sea without the driver and truck cab travelling alongside them. Instead, the trailer is left at the quay side at the port by the driver and is then pulled on and off the ship alone. This is the first service of its kind in the UAE and runs under…

Sankyu Saudi Arabia Co. has taken delivery of its first mobile cranes from the market leader. The specialist in plant construction, operational support and logistics services will mainly use the LTM 1050-3.1 and LTM 1160-5.2 for maintenance work in refineries and other industries. The high safety standards of the Liebherr cranes and the reliable service were important purchasing criteria for Sankyu. Liebherr says it will provide this highly qualified service through Saudi Liebherr Company. “To grow our business in Saudi Arabia and live up to our vision and mission of being number one in mechanical industry maintenance, we need to…

Emirates Global Aluminium (EGA) says that its CelestiAL solar aluminium will be “blasted into space” through a partnership with Gulf Extrusions and the Mohammed Bin Rashid Space Centre (MBRSC). EGA’s metal has been formed in Jebel Ali into parts for MBRSC’s MBZ-SAT, the region’s most advanced commercial satellite in the field of high-resolution satellite imagery, which is due to be launched in 2024. The partnership is a space sector milestone for Make it in the Emirates, supporting the UAE’s Operation 300bn ambition to more than double the size of the industrial sector by 2031, and for the UAE’s goal of…

HD Hyundai Infracore says it is targeting the Middle East and Africa (MEA) market with its new brand, DEVELON, formerly known as Doosan Construction Equipment. The company recorded revenue of $330 million last year in the MEA region, which is a sharp increase of 116% compared to $150 million in 2020. The number of machines sold has also exceeded 2,400 units, marking a 60% increase over that in 2020, mainly due to the company’s focus on securing large scale customers with new advanced technology equipped machine launches and customized services. The construction equipment market volume in MEA increased from 16,720…

Euro Auctions Group’s first sale at its new, permanent site in Abu Dhabi has raised almost $4 million as bidders turned out in their droves to the live auction. Euro Auctions is Europe’s largest auction house and oversees sales for industrial plant, construction equipment and agricultural machinery in the Middle East, UK, Germany, Spain, Australia and the USA. On the 4th May, the auctioneers held their first live and online, unreserved sale at the new site in KEZAD, Abu Dhabi. With a sale inventory of 518 lots, from 35 vendors, from five countries including, UAE, GB, USA, Seychelles and Sri…

Platform Basket has appointed a former sales lead of JLG’s EMEA operation as it looks to expand and develop its export operation. Enrico Marighella joins the Italian spider lift and boom lift maker as Export Area Manager and according to numerous reports will report to managing and sales director Carlo Alberto Molesini, He and will be responsible for covering territories with existing partners and managing further expansion and development of the export network. Marighella served in a range of sales roles at JLG in the EMEA region for over two decades. He previously worked in the rotating equipment sector. “I…