Month: April 2020
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Advent International, Cinven and the RAG-Stiftung take over thyssenkrupp elevator business
The international private-equity firms Advent International (Advent) and Cinven announced together with RAG-Stiftung, Essen/Germany, that they have signed binding agreements with thyssenkrupp AG to acquire thyssenkrupp Elevator Technology. As part of the transaction, thyssenkrupp AG will reinvest in the elevator business and acquire a substantial minority share in the company.…
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RAG Aktiengesellschaft offers compensation for mining-related tremors – agreement reached with VBHG
Residents of certain areas near the former West, Prosper-Haniel, Lippe, Auguste Victoria and Ost mines are entitled to file claims for the period from 2008 until the closure of the relevant mine. Underground coal mining in the Ruhr region resulted in repeated tremors at the ground surface on some occasions.…
Learn more - News In Brief 02_2020
STEAG building for the future of energy
A new and highly efficient combined cycle gas turbine (CCGT) power plant in Herne/Germany, will secure the supply of electricity and heat in the heart of the Ruhr area in the future (Figure 1). The new power plant will use the principle of combined heat and power generation (CHP), is…
Learn more - Industry News 02_2020
Largest mixer in the corporate history of BHS
Sonthofen, Germany, 01 April 2020. After winning an international tender, BHS-Sonthofen was commissioned with constructing the largest mixer in the company’s history (Figure 2). An Indian zinc mine operator required a mixer with a very large filling capacity. The proven Combimix system with overflow was custom-built by BHS-Sonthofen in this…
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