JOHANNESBURG, South Africa (4 June 2015)—2014 was expected to be a tough fight for the global mining industry with commodity prices down and short-term volatility increasing. The initial scorecard for the largest 40 miners was mixed and now the gloves are off for the industry with widespread government intervention, internal industry conflicts and rising shareholder activism, according to PwC’s annual Mine report.
MIAMI (June 4, 2015) – On June 3, 2015, Sulzer acquired the business of Precision Gas Turbine Inc. Through this acquisition, Sulzer will further develop its current capabilities for field services for European manufactured gas turbines. In 2014, Precision Gas Turbine Inc. achieved revenues in a single-digit million US dollar range. The integration of the company will start immediately after closing.
Michael SmithALABASTER, Ala. (June 3, 2015) – SEPCO announced the appointment of Michael Smith as its new quality and safety manager.
Ensuring that SEPCO continues to assess and monitor its quality standards, Smith will strive to maintain SEPCO’s excellent safety record.
HELSINSKI, Finland (June 3 2015) – Wärtsilä will supply an extension to the Pockwood Pond Power Generating Station in the British Virgin Islands, owned by the British Islands Electricity Corporation (BVIEC). The extension consists of two Wärtsilä 9L46 gensets, the related auxiliaries and a new power house, delivered on a turn-key basis. The gensets will run on light fuel oil with a combined output of 17 MW.
HOUSTON (June 3, 2015) – CH2M, a global full-service consulting, design, construction and operations firm, is pleased to announce that Earl “Chip” Mitchell has joined the company as president of its Oil, Gas & Chemicals Business Group.