After more than 26 years as DESMI CEO, Henrik Sørensen has made the personal decision to step back and hand over the responsibility for the daily operation and further strategic development of DESMI to Humphrey Lau who will become CEO effective, December 1, 2022.
This year, Atlas Copco’s three most prestigious award recognize the development of a strategic dealer partnership program, a team effort to develop an innovative vacuum measuring device, and the achievements in customized solutions on demand.
GEA and its employees have donated EUR 250,000 to the German Red Cross for the victims of the war in Ukraine. As part of a global fundraising campaign, GEA staff members from 42 countries collected EUR 125,000. The company then matched their contribution.
CEO Frédéric Lalanne stated: “We continue to grow profitably, confirming the good momentum in demand in many industries. In an increasingly challenging and volatile market environment, we are tracking ahead of our expectations and are well positioned to capture further growth opportunities in our key markets.”
Razorleaf Corporation announced the opening of Razorleaf BV, a new division representing the Benelux territory. The Dutch office is part of Razorleaf’s expansion plans to have a broader reach in Europe including the Nordics, Germany, Belgium, and Luxemburg.
New research from Interact Analysis shows that during 2020 the overall market for geared motors and heavy-duty industrial gears declined by 2.4 percent. Asia Pacific remained the largest market overall and was also the only one to achieve year-on-year (YoY) growth whilst other regions, namely EMEA, Japan, and the Americas experienced a period of contraction.
Municipal utility company Servicebetrieb ASK, of Kamp-Lintfort in Nordrhein-Westfalen, was experiencing frequent blockages and outages in one of its sewage pumping systems. The main cause was the proportion of solids in the wastewater, which is continuously increasing. Consequently
Voith acquired a majority share in the Croatian Small Hydro company Sintaksa, specialized in products and services for electromechanical and automation systems. The agreement took place on July 31, 2020 in Zagreb, Croatia.
The geared motors and heavy-duty industrial gears market was valued at $10.6bn in 2019. Following a -7 percent contraction in 2020, growth will quickly resume and a 2020-24 CAGR of 2.1 percent will see the market hit $13bn by 2024.
PhosAgro is the biggest manufacturer of phosphate-based fertilizers in Europe. The largest site is the chemical cluster in Cherepovets, Russia, where the sulphuric acid is locally produced from elementary sulphur. Two new melters were built in an expansion project. It was essential to manage the heat transfer in the melters by agitators to ensure the capacity of the plant.
