Thyssenkrupp Hails 'Fair' Tata Steel JV
Germany's Thyssenkrupp called a landmark joint venture thrashed out with India's Tata Steel "fair" on Monday, although the updated terms disappointed some shareholders.After two years of at times fraught talks, the two steel firms finally signed a deal on Saturday to create Europe's No.2 steelmaker with 17 billion euros ($20 billion) in sales, marking the sector's biggest tie-up in more than a decade.Thyssenkrupp boss Heinrich Hiesinger had come under pressure from activist shareholders Cevian and Elliott to seek a better deal, who argued that a recent weakness in Tata Steel's European business meant terms needed to be changed in Thyssen's favour.That resulting value gap…
Liebherr MK 88 Plus Crane for BKL Baukran Logistik Site
A brand new Liebherr MK 88 mobile construction crane was delivered to the new site of BKL Baukran Logistik GmbH in Ingoldstadt. Site Manager Rainer Speich took delivery of the new taxi crane yesterday from Regional Sales Manager for Liebherr Mobile Construction Cranes Christian Schultze. With the MK 88, Liebherr can now supply a compact four-axle model which provides massive load capacities and radius whilst being compact in size. With horizontal jib, the load capacity at the tip with a radius of 45.0 m is 1850 kg. With its extended load curve and additional ballast, the MK 88 Plus can hoist up to 2,200 kg at its tip. "The MK 88 mobile construction crane enables us to provide our customer with outstanding features for many applications…
AER Supply to Showcase Sewage Treatment Technology
AER Supply, an international distributor of marine products, is featuring a cost-effective MEPC-compliant onboard sewage treatment system for the U.S. commercial marine market at the 2013 WorkBoat Show. AER was named earlier this year as the distributor for Severn Trent De Nora marine wastewater disinfection systems for the Gulf Coast and other regions of the United States. The Severn Trent De Nora MARINER OMNIPURE Series 55 marine sewage treatment systems are designed specifically to provide cost-effective treatment of gray and black water on small vessels, workboats and yachts. They use proprietary electrolytic disinfection technology that eliminates purchasing, storage and handling of hazardous chemicals normally required with other treatment technologies. They are approved by the U.S.
