NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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A consortium led by Moroccan royal holding company Nareva has won a 12 billion dirhams ($1.22 billion) contract to build five wind power plants totalling 850 megawatts in Morocco, Nareva said in a statement on Thursday. The consortium includes Italy's Enel Green Power and Siemens Wind Power, it added.  …

ABB Wins $140 million Order to Boost Integration of Renewables in Europe

ABB has received an order worth around $140 million from transmission system operators Energinet.dk in Denmark and 50Hertz Transmission in Germany to design, supply and install an HVDC (high voltage direct current) converter station in Bentwisch, Northern Germany. The HVDC Light “back-to-back” converter station, the first of its kind in…

Japan’s LifeRobotics closes series A round with $4.4 million in funding

Tokyo-based LifeRobotics, the Japanese startup behind a cooperative working robot called Coro, announced today that it has closed a series A round having fundraised about 5 million yen ($4.4 million). The company had secured 270 million yen ($2.2 million) before they announced the start of the series A fundraising last…

Siemens to Cut 2,500 Jobs, Mostly in Germany

Siemens AG said on Wednesday it would cut about 2,500 jobs at its Process Industries and Drives division, most of them in Germany, in response to intense competition in the oil and gas, metals and mining sectors. “Plunging demand in raw materials markets has led to a significant intensification of…

KBR JV Awarded Contract for Baku Oil Refinery Modernisation

KBR's Socar-KBR joint venture has been awarded a significant project management consultancy (PMC) contract for the Heydar Aliyev Baku oil refinery modernisation project in Azerbaijan. This award marks the first major award to the joint venture, Socar-KBR, since its inception in mid-2015, said a statement from KBR. Socar-KBR was created…

Siemens to Build Rotor Blade Factory for Wind Turbines in Morocco

Siemens and the Moroccan government have reached an important agreement. Siemens will build a factory in Morocco to manufacture rotor blades for onshore wind turbines, creating up to 700 jobs and thereby tripling Siemens' footprint in the country. The construction of the factory is expected to start as early as…

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Matrix Design, LLC, is excited to announce the opening of an additional production facility at 1635 Shanahan Drive. The 17,000 sq. ft. building will more than double capacity, enabling more robotic systems to be built and powered concurrently. “Having this new space a few steps away from our main plant…

NIDC aims to gear up Chinese projects in Iraq

National Iranian Drilling Company (NIDC) is in negotiations with Chinese firms aiming to supply some of the equipment for their oil projects in Iraq, a report said. Talks are also underway with European companies on collaboration in Iraq, Heidar Bahmani, managing director of NIDC, was quoted as saying in the…

Emerson Launches New Daniel Gas Ultrasonic Flow Meter Platform

Emerson Process Management, a leader in helping businesses automate their production, has announced a new Daniel gas ultrasonic flow meter platform that elevates its well-proven British Gas design by providing two meters and transmitters in a single body. The new Daniel gas ultrasonic flow meter platform will help natural gas…

Valmet Receives Two New Orders for Automation Technology from Kotkamills in Finland

Valmet has received two orders for automation technology from Kotkamills Oy in Finland to complement the paper machine technology and automation system orders received in April and July 2015 for a paper machine conversion project. Kotkamills is currently rebuilding its magazine paper production line PM 2 and converting it to…