Paris – Deep disparities define today’s energy world. The dissonance between well-supplied oil markets and growing geopolitical tensions and uncertainties. The gap between the ever-higher amounts of greenhouse gas emissions and the insufficiency of stated policies to curb those emissions.
Düsseldorf – SMS group’s Indian manufacturing facility at Bhubaneswar, SMS India Pvt. Ltd., which ranks among the most advanced heavy machinery workshops in the world, has received the Manufacturing Excellence Award 2019 from German Engineering Federation VDMA.
Salzgitter – In an environment of great political uncertainty, multiple trade conflicts and economic headwind, the Salzgitter Group generated a pre-tax profit of € 40.7 million in the first nine months of the financial year 2019.
Frankfurt am Main - In the third quarter of 2019, order intake in the German machine tool industry fell by 25 percent year-on-year. Orders from Germany fell by 29 percent. Foreign orders lost 23 percent. In the first nine months of 2019, incoming orders fell by 23 percent.
Frankfurt - In his speech to the New York Business Club, US President did not include any signicant indicators about progress in the US-China trade dispute.
Göppingen/Hann. Münden – Weser Metall Umformtechnik (WMU) GmbH fully relies on digitization and networking. The automotive supplier from Hann. Münden, Germany, has ordered not only a TwinServo press with Smart Assist from Schuler, but also equips three more systems with the digital helper.
Nuremberg - The two companies have integrated the RTC6 scan head control board into the Siemens Simatic S7-1500 Controller for use in laser-based manufacturing applications.
Lucerne - Sales volume in Q3 2019 with 405 kilotons significantly down year-on-year from 470 kilotons due to a pronounced and continued drop in demand.
Düsseldorf – Yamato Steel Co. Ltd., Japan, has ordered a PROgauge light-section system from TBK Automatisierung und Messtechnik GmbH, Graz, Austria, a company of SMS group, for its Kokyo section mill.
Achern – Sawing technology has always been Kasto’s main business field and today it is one of the two main pillars of the company. 175 years of Kasto company history are characterised by numerous innovations and developments, thanks to which Kasto revolutionised the sawing of metal time and time again.
