Guangqi Honda Automobile Co., Ltd. (GHAC), an automobile production and sales joint venture of Honda in China, today held a ceremony to commemorate the start of construction of a third production line and an engine plant within the property of the existing ZengCheng Plant. The ceremony was attended by dignitaries, guests and representatives from the local governments of Guangzhou, Guangdong Province as well…

Despite sluggish sales, Japanese auto companies operating in India — Maruti Suzuki, Honda, Toyota Kirloskar and Nissan — expect a significant boost in profitability and possibly lower royalty payouts this fiscal on the back of stimulus package announced by the Japan's central bank earlier this month. The Bank of Japan (BoJ) package aims to further weaken yen and make Japanese exports cheaper, thus spurring…

On behalf of the Organizing Committee, we are pleased to invite you to the 13th International Conference on Semi-Solid Processing of Alloys and Composites, which will be held in Muscat, Oman from September 15th - 17th, 2014. The conference will address recent developments and applications of semi-solid processing. Results of engineering research and experience as well as scientific issues are relevant for…

Due to the current situation regarding the corona virus, the federal government has given the order to cancel all indoor events with more than 100 people, so we MUST also have the foundry conference on 02./03. Cancel April 2020! REFUNDS: please click HERE . ROOM CANCELLATION: We also ask you to cancel the rooms you have booked yourself! The room reservation was made directly by the participants or…

ANDRITZ Maerz GmbH, based in Düsseldorf, Germany, and SMS group GmbH (www.sms-group.com) have entered into an agreement to transfer the global copper furnace business, including the related intellectual property (know-how, references, patents, etc.) and service activities, from ANDRITZ Maerz to SMS group. This acquisition further strengthens the position of SMS group as a system supplier in the field of…

Voestalpine AG, Austria's biggest steelmaker, plans to raise its dividend by 13 percent after fiscal full-year profit advanced. The company proposed to increase the payout by 10 cents to 90 cents a share. Net income rose by a third to 444.9 million euros ($582 million) in the year through March. Voestalpine benefits from a focus on high-quality specialized steel sold on long-term contracts to customers in…

Azerbaijan, one of Indonesia’s major suppliers of oil, was planning to build a US$4.8 billion oil refinery in Batam and an aluminum plant in Kalimantan to cement the increasingly close relations between the South Caucasus nation and Southeast Asia’s largest economy, a top Azerbaijani diplomat said. “Our state oil company, SOCAR, is in negotiations with Indonesia’s OSO Group to build a large oil refinery in…

Engine plant to produce three and four-cylinder petrol engines Light metal foundry sets the benchmark for sustainable production Production of high-voltage batteries announced Oliver Zipse: “The new engine plant reinforces our strong commitment to the Chinese market” BMW Brilliance Automotive (BBA) opened a new engine plant with a light metal foundry in Shenyang today. The new location will produce the…

The World Steel Association (worldsteel) welcomes the publication of an ISO standard that defines a calculation method of carbon dioxide emission intensity from iron and steel production. The standard is based on the CO2 data collection methodology that has been used for the past five years in the steel industry. Launched in 2007, worldsteel’s CO2 data collection aims to provide steel producers with a…

The sale of the bankrupt steel mill Kremikovtzi is good for the State, the Bulgarian capital, and the workers, Sofia's Chief Architect, Petar Dikov, declared Sunday. Dikov says the deal would open 1 500 jobs and the opportunity to clean the abandoned site. When asked to comment on the fact the buyer is a 26-year-old man, the Chief Architect replied he does not favor such moves, but added "when the buyer was…