Aecon Group Inc., a Toronto-based construction and development services company, announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract valued at $16 million to supply its Once-Through Steam Generator (OTSG) units to Bolivian power generation company Empresa Guaracachi S.A., a subsidiary of U.K.- based Rurelec PLC.
Under the terms of the [...]
Finnish elevator and escalator giant Kone has said that the Austrian cartel court has found Kone’s Austrian subsidiary and four other companies operating in the elevator and escalator industry to have been involved in anticompetitive practices, and consequently imposed a fine of EUR 22.5 million on Kone’s Austrian subsidiary.
The Austrian cartel court notified Kone’s Austrian [...]
Dover Corporation’s De-Sta-Co announced the acquisition of Industrial Motion Control, LLC (”IMC”), which has annual revenues of approximately $50 million.
From 2008, GaLaBau, the International Trade Fair for Urban Green and Open Spaces, is the new forum for the construction, maintenance and management of golf courses in Germany. The “German Golf Course Conference” offers German golf associations and their members – golf course operators, managers, architects and greenkeepers – the opportunity for joint presentation. Some [...]
The Hong Kong Polytechnic University (PolyU) has appointed world-renowned architect Zaha Hadid as the architect of its new “Innovation Tower”. This building will be her first permanent architectural work in Hong Kong. The new Tower will be located at the northeastern tip of the university campus. Construction work will begin in 2009 and the whole [...]
The UK-based lighting company Thorn, a brand of the Zumtobel Group of Austria, is to illuminate heritage sites in the City of Jericho on the Palestinian West Bank. The project is one outcome of an initiative launched by The Lighting Urban Community International Association (LUCI), an international network of over 70 municipalities, universities, lighting designers [...]
The Tooling Technology Center of ThyssenKrupp Presta AG, Eschen (Liechtenstein), is located in the Swiss municipality of Oberegg. In this year’s “Excellence in Production” contest, the company came first in the category “In-house tool shops with over 100 employees”.
Pipe producers and fittings manufacturers from Europe to China are recognising the processing and long-term performance benefits of recent introductions to the BorSafe product range from Borealis, a provider of innovative, value creating plastics solutions. BorSafe polyethylene (PE) pressure pipe and fitting grades reflect Borealis’ commitment to contributing to better, safer and more durable pipe [...]
GE Energy has received a contract of approximately $650 million to provide 333 wind turbines to Noble Environmental Power for new and expansion projects in New York and Texas that will add nearly 500 megawatts of wind power capacity to the country’s renewable energy supply.
The new agreement is the fourth wind turbine supply contract that [...]
The NewAcoustic stretch ceiling system is designed for high acoustical absorption for ceiling or wall applications. Designed by Newmat, a specialist in stretch ceilings, this system consists of a patented microperforated PVC membrane that can be installed by itself or over an acoustical core. NewAcoustic, one of many Newmat lines, is a flexible PVC membrane [...]
The new PERI MAXIMO wall formwork system created a tremendous amount of interest to this year´s bauma trade fair in Munich. For almost two decades now, the TRIO panel formwork with the optimized BFD alignment coupler has demonstrated its speed and versatile functionality – and with the introduction of the TRIO Housing, the handling was [...]
If Europe wants to meet its 20% binding target for renewable energy by 2020, it must increase its use of offshore wind, delegates heard at the Offshore Wind Conference in Berlin, Germany. Two concrete steps towards large scale deployment of offshore wind were taken: the European Commission announced an offshore action plan for 2008, and [...]