German Imports Hit Record Level in June
Germany exported commodities to the value of EUR 86.5 billion and imported commodities to the value of EUR 72.4 billion in June 2010. Hence, German exports increased by 28.5% and imports by 31.7% in June 2010 on June 2009. This was the highest monthly export value reported since October 2008 (EUR 88.7 billion). The import value for June 2010 was the highest ever reported since foreign trade statistics have been compiled for the Federal Republic of Germany in 1950. Read more
Hoisting Equipment by Pfaff-silberblau and Yale
The Columbus McKinnon Group’s (CMCO) two German subsidiaries present their products together. In a new brochure, the two companies are now showcasing their joint range of hoisting equipment that is approved for use in areas with potentially explosive atmospheres.
For the first time since it was acquired by the U.S.-based Columbus McKinnon Group (CMCO) in 2008, Pfaff-silberblau Hebezeugfabrik GmbH of Kissing, Germany, is presenting its products together with its German sister company, Yale Industrial Products, Velbert. Read more
Third Suppliers’ Day at Carl Zeiss SMT
AGC Ltd. was awarded the Supplier Award 2009 on the 3rd Suppliers’ Day of Carl Zeiss SMT. The event’s theme was “Realizing Market Opportunities through Flexibility”. 42 suppliers from all over the globe accepted the invitation to Oberkochen in June. Read more
Volkswagen to Buy Stake in Karmann
At its meeting today, the Supervisory Board of Volkswagen Aktiengesellschaft approved the acquisition of land, machinery and equipment formerly belonging to the Karmann holding company at the Osnabrueck site. For the coming weeks the establishment of a new Volkswagen car manufacturing subsidiary is planned and later on, the launch of a new vehicle project. Read more
Siemens Selects Best Suppliers Worldwide
Siemens AG has honored its best suppliers worldwide in fiscal 2009. The German engineering office, BIS Gas Turbine Systems, located in Bremen, Germany, took first place in the overall ranking. Read more
Series Production of Lanxess Nanoparticles
Lanxess AG has developed a polymer additive for plastics and rubber that is now available for industrial application. These microgels, which consist of nanoscale organic particles, can be used to improve the material properties of elastomer and thermoplastic materials. Read more
Coldchain Solutions Network Expanded
DHL Freight, a specialist for European overland transport and part of the Deutsche Post DHL Group, has significantly expanded its service for temperature-sensitive goods: Coldchain transport services now cover more than 30 European countries. Read more
Best Suppliers out of 4,000
The Continental Automotive Group has rewarded the outstanding performance of nine companies with its Automotive Supplier of the Year 2008 Award. Read more
Vale and ThyssenKrupp Sign MoU
The Brazilian Vale S.A. (Vale) and ThyssenKrupp Steel AG have signed today a Memorandum of Understanding that Vale will increase its stake in ThyssenKrupp CSA Siderúrgica do Atlântico Ltda. (CSA) to 26.87%, from its current 10% interest, through a capital infusion of € 965 million. Read more
Lederer Receives Large Order from China
Ennepetal-based Lederer GmbH will, for the undercarriage construction of 85 state-of-the-art trains, deliver fasteners like screws, nuts and DIN and standard parts with a value of almost EUR 1 million over the next two years. Read more
Prices for Used Machinery Vary Widely
The international portal for used machinery and equipment, Mascus, identifies a trend to buy second hand. This trend was was triggered by the economic crisis. The prices for various types of machinery vary widely in the different regions of Europe. Read more
Evonik Increases Prices for Coating Polyesters
Evonik Industries’ Coatings & Additives Business Unit will increase the prices for coating polyesters sold under the brand names DYNAPOL L, DYNAPOL LH as well as for the VESTICOAT UB product range in Europe, Africa and the Middle East effective July 1st, 2009. The price increase will be up to € 0.1/kg. Evonik says that this step is unavoidable due to some recent price hikes of important raw materials.
BASF Increases Prices for Methylamines
With immediate effect, BASF is increasing the sales prices for methylamines and key methylamine derivatives globally by EUR50 per metric ton or USD70 per metric ton. Read more
UPM Renews Supply Chain
The Finnish Group UPM will renew its paper business supply chain. In Northern Europe, the plan is to establish a regional supply chain centre in Tampere, Finland. In Central Europe, UPM is planning two regional supply chain centres in Germany: one in Augsburg and one in Dörpen. Read more
ABB Delivers 2,100 Robots
ABB has signed a frame agreement with BMW Group to deliver 2,100 industrial robots over five years, beginning in 2010, to support the carmaker’s operations in Germany, the U.K. and the U.S. Read more
Continental and Schaeffler: Purchasing Cooperation
Through a global purchasing agreement, the automotive supplier Continental and the Schaeffler Group have started the first large joint project in the history of cooperation between the two companies. The purchasing cooperation was contractually agreed as of March 27, 2009. Its goal is to optimize cost of materials and achieve a savings potential of 350 to 400 million euros for the period between 2009 and 2011. The number of suppliers of production materials is to be cut from 5,600 to 2,800. Read more
Electronic Fingerprint for Letters
The Siemens Mobility Division is to supply up to 97 large sorting machines, type Open Mail Handling System (OMS), to Deutsche Post AG. Read more
72 Percent of All Imports from Europe
In 2008 German companies imported goods to the value of 818.6 billion euros, 72.0 percent of which came from Europe (589.3 billion euros). Read more
Gildemeister Cooperates with Mori Seiki
Gildemeister Aktiengesellschaft has signed a cooperation agreement with the Japanese machine tool manufacturer, Mori Seiki Co. LTD. (Nagoya). The cooperation covers production, purchasing and the development of machines, as well as sales and services in selected markets. Read more
Contaminated Stainless Steel Imports
Over the past few months radioactively contaminated steel products have turned up in Germany. Since August 2008 more than 150 tons of contaminated material have been detected by German authorities. In some cases, importers or manufacturers had to take back their products. The metals industry does not really know the scope of the problem. Read more
