Economy & Markets

Hitachi Zosen Inova acquires HNP Kraftwerkstechnik GmbH

| The HNPK location in the Queis area of Landsberg (Sachsen-Anhalt) will be retained, and will continue operations as a subsidiary. The employment relationships with the around 50 members of staff will also be maintained unchanged by HZID.

Strengthening Trend EU steel market looks set to continue in 2015

| Eurofer foresees for 2015 continued but slow growth, although the outlook remains vulnerable to downside risks such as an escalation of the conflict in the Ukraine, slow growth in the emerging world and persisting weakness in France and Italy.

FEAD not happy with EU decision

| The federation regrets the uncertainty around the future of the EU’s circular economy proposals.

Where do good ideas come from?

| “Try Italy,” suggests our well-travelled Transport and Plant Correspondent, Malcolm Bates. A regular visitor to trade shows all over the world, he always tries to make it to Rimini every November for ‘Ecomondo’. Here is his report on the 2014 event.

Recyclers look forward to a more ambitious Circular Economy Package

| PRE regrets the delay announced today for the EU’s Circular Economy Package. The European Commission unveiled its 2015 Work Programme today, during the European Parliament’s plenary session in Strasbourg, which withdraws the circular economy proposal.

OECD experts advise multilateral action to reduce export restrictions

| The BIR has welcomed OECD proposals of multilateral action to counter the harmful impact of export restrictions on steelmaking. The advice was given at an OECD workshop in Cape Town on December 11 which highlighted the detrimental effects of such export restrictions and the efficiency gains to be made from their simultaneous removal both upstream and downstream of steelmakers.

IARC: Driving for innovation

| The 15th International Automobile Recycling Congress IARC 2015 organised by ICM AG will be held from March 25 – 27, 2015 in the Hotel Palace in Berlin, Germany.
Dieter Schütz, pixelio.de

Chinese steel imports confuse buyers in Europe

| Steel supplied on the EU market by European steel producers complies with the European regulations and standards. This is not guaranteed in the case of Chinese steel imported in the EU, notably imports of wire rod, rebar and bar, as well as hot-rolled coil and heavy plate. "Steel made in Europe means reliability in trade, stability of properties during processing and safety in the use of the material", Eurofer Director Axel Eggert says.

Umicore acquires full ownership of Todini

| Umicore announced today that it has reached an agreement with the Todini family to purchase its 52% stake in Todini and Co, thereby bringing Umicore's ownership to 100%.

N+P gains SRF deal

| N+P announced the signing of a 5 year contract for the supply of Solid recovered fuels (SRF)into a number of cement plants belonging to the Portuguese cement companies Secil and Cimpor.

World crude steel production is solid

| World crude steel production for the 65 countries reporting to the World Steel Association was 137 million tonnes (Mt) in October 2014, the same compared to October 2013.

Renewed robotic waste sorting system announced

| ZenRobotics has introduced the next model of ZenRobotics Recycler, a waste sorting system which reclaims raw materials from waste using robots.

Clothing colors from agriculture waste products

| Archroma, a color and specialty chemicals company, announces a new range of "biosynthetic" dyes for cotton and cellulose-based fabrics. "Earthcolors" are derived from almond shells, saw palmetto, rosemary leaves, and other agriculture waste products.

Upward tendencies for Alba

| In the third quarter of 2014 the company achieved higher earnings despite of lower revenues compared to last year.