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Cummins Revises 2019 Outlook

Cummins Inc. reported record sales in the second quarter of 2019, but added that it expected the year to end up flat compared to 2018.   “We achieved record revenues, EBITDA, and operating cash flow in the first half of 2019,... Read more

Industry › Industry a necessary evil?

Industry can be both magnificent and awful.  While it can transform lives, create jobs and churn out vital products, we are becoming increasingly aware of the pollution and destruction that it leaves in its wake. Moreover technological and digital innovation... Read more

Foundry › "Light of Metals" Will Shine in the “City of Angels”-Bangkok

Metal+ Metallurgy Thailand will make its debut on September 18-20, 2019, Bangkok! Metal+Metallurgy Thailand 2019 is sponsored by China Foundry Association, co-sponsored by Metallurgical Council of CCPIT, Industrial Furnace Institution of CMES, Thai Foundry Association and Thailand Convention & Exhibition... Read more

Industry › Clariant grows sales and operating cash flow in the first half year 2019

Entire Masterbatches and Pigments to be disposed, reclassified to discontinued operations Sales from continuing operations grew by 4 % in local currency to CHF 2.229 billion Continuing operations EBITDA before exceptional items softened by 2 % in Swiss francs to... Read more

Aluminum › Completion of the construction of a 120,000-tonne cast house at the Boguchansky smelter imminent

The alloys that will be produced at the new cast house will serve clients from the automotive industry. According to the IHS Markit research, the global automotive production will grow to 110 mln cars by 2025, adding 15 mln cars... Read more

Foundry › Forecast 2025 for the global Foundry Industry

LOWER GROWTH RATES, GEOPOLITICAL DISTURBANCES AND RISKS                                                 Dr. Heinz-Jürgen Büchner, Managing Director of Industrials & Automotive, is responsible for the metal industry and responsible for various analyzes of IKB Deutsche Industriebank. The PhD economist is a profound expert on the... Read more

Foundry › GIFA PHOTO GALLERY

For GIFA, part of the GMTN in Düsseldorf, thousands of experts from all over the world met again in 2019. As always, long-standing friendships were celebrated and new contacts were made. Like the Olympic Games, the GIFA takes place only... Read more

Foundry › The Bright World of Metals Reinforces its Position as an International Leader

GIFA, METEC, THERMPROCESS & NEWCAST stimulate investments More professional visitors from overseas This trade fair quartet drives the Industry 4.0 and additive manufacturing trends forward After five eventful days at the trade fair, the Bright World of Metals concluded successfully... Read more

Automotive › JCB Invests Further In Brazil

JCB has announced a $25 million investment in its Brazilian operations. Sorocaba, São Paulo has been the home to JCB’s Brazilian production operations since 2001. In 2012 the company invested $100 million in a new factory in the city, which... Read more

Industry › Tenova Sells HTC Group

Tenova, a company of the Techint Group, concluded the selling process of the HTC Group, which includes IVA Schmetz (Germany), Mahler (Germany), Fours Industriels B.M.I. (France) and IVA Schmetz Industrial Furnaces (China). All four companies specialize in advanced technologies for... Read more

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