News

World Bank’s US$320mn loan for Assam State Roads Project in India
November 21, 2012
The Indian government and the state government of Assam signed an agreement with the World Bank for a US$320 million loan for the Assam State Roads Project. According to a statement, the project will be carried out over a period of six years and it will comprise three components: road improvement; road safety management; and road sector modernisation and performance. The statement also said that the project aimed to improve road connectivity in Assam and support its Public Works Road Department to effective
Read More
Cheaper construction thanks to new law, says Czech Minister
November 21, 2012
Czech Transport Minister Pavel Dobes believes a recent amendment to the land expropriation law, which has been approved by the Czech Senate in November 2012, will reduce the cost of current construction projects by 10%-15%. The ministry is also said to be keen to further lower the price of motorways construction by reducing the number of exits and interchanges, and will require a financial support from those municipalities which will want their own motorway exits.
Read More
Legacy Way underground road tunnel in Brisbane to cost US$1.57bn
November 21, 2012
The 5km Legacy Way underground road tunnel in Brisbane, Australia will cost US$1.57 billion (AUD 1.50bn). Brisbane City Council (BCC) will borrow US$ 1.04 billion (AUD 1bn) from the Queensland Treasury Corporation (QTC) on a 30-year loan to help fund the works. Meanwhile the federal government will contribute US$520.92 million (AUD 500mn) to the project. The tunnel is expected to carry 24,000 cars a day when it opens in 2015. The Clem 7 and Airport Link are two tunnels already operating in Brisbane.
Read More
Ritchie Bros. Dutch auction offers more than 1,430 heavy equipment items
November 20, 2012
Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, will sell more than 1,430 heavy equipment items and trucks at its next unreserved public auction in Moerdijk, The Netherlands. The auction on November 22-23, 2012, will feature more than 85 excavators, 60 compactors, 50 wheeled loaders, 10 dozers and hundreds of other items used in the construction, mining, transportation and other industries.
Read More
Tensar International to open new plant in Russia by January 2014
November 20, 2012
Tensar International is building a manufacturing plant in Russia. Tensar is the majority shareholder in the joint venture, with remaining investment coming from Russian partners. Don Meltzer, chief executive of US parent company, Tensar Corporation; and Bob Vevoda, chief operating officer and president of Tensar International; met with their Russian JV partners in London earlier this month to finalise the funding and construction schedule.
Read More
AEM announces 2012 Hall of Fame inductees
November 20, 2012
The Association of Equipment Manufacturers (AEM) has revealed its 2012 Hall of Fame inductees. John Deere (Deere & Company); Pierre Bataille (Poclain); and brothers Keith, Leonard and Mervel Wood (Woods Equipment Company); have become the latest inductees into the influential North America-based off-road equipment manufacturing trade association’s Hall of Fame, which recognises and celebrates outstanding individuals in the off-road equipment industry, and their legacy of innovation, service and leadership.
Read More
XGMA has presidential appeal
November 20, 2012
In mid-2012 the MINE ENTER 2012 International Mining Machinery Exhibition opened in Zimbabwean city Bulawayo. XGMA attended the exhibition in both indoor and open-air exhibition areas with models including wheeled loaders, excavators, bulldozers, graders, backhoe loaders, and forklifts. The three day exhibition attracted professional visitors including purchasing managers, mine managers, and sales representatives from Zimbabwe and surrounding countries. This exhibition was Zimbabwe’s largest exhibition of
Read More
Caterpillar’s new fantastic four
November 20, 2012
Caterpillar is unveiling four new machines at bauma China 2012 that have been developed specifically for the needs of the Chinese construction market. Two new hydraulic excavator models, one new wheeled loader and one off-highway truck will be on display at Caterpillar’s bauma China exhibit and these machines will expand the firm’s range of products for the Chinese market. The new Cat 312D GC Series 2 hydraulic excavator has been designed specifically for Chinese customers. This offers reduced operating cos
Read More
Zoomlion’s tower crane record breaker
November 20, 2012
Zoomlion’s D1250-80 tower crane has set a world record by lifting a 5.5tonne load at a radius of 100m. The record was set in Changde Guanxi Industry Park and the machine was certified as having the largest working radius in the world. Achieving the record was not straightforward and Zoomlion had engineering challenges to deal with such as the stresses imposed while slewing and the wind load on the boom. These factors required considerable research and development as conventional boom designs could not deliv
Read More
Wacker Neuson’s high-quality Asian range
November 20, 2012
Wacker Neuson is exhibiting at bauma China in Shanghai. The company has been represented in Hong Kong since 1997 and in Shanghai, Beijing and Shenzen since 2006 and is introducing new products tailored to the demands of the Asian market. The firm is strong in the market for compaction machines, generators, pumps and light towers. “Our aim is to offer safe, high-quality products at competitive prices. We have accomplished this and are pleased about the positive feedback received from the market,” said Cem Pe
Read More
Doosan’s big Chinese reveal
November 20, 2012
Several new machines are being launched by Doosan and sister firm Bobcat at bauma China. A key launch for the Doosan Heavy display will be its new DX700LC, the top-of-the-range model in the Doosan excavator range. The 70tonne DX700LC excavator is designed and built to meet the needs of heavy duty quarrying applications as well as major infrastructure projects. It offers several features intended to boost productivity, comfort, reliability, durability and uptime. The DX700LC model will be shown alongside the
Read More
Sandvik’s new Asian models
November 20, 2012
At bauma China, Sandvik is revealing new additions to its product ranges that have been developed specifically for the requirements of the Asian market. The firm has seen strong demand for its products in Asia, with particularly rapid growth in China. Sandvik Construction has developed product lines that are aimed specifically at Asian market requirements. Asian customers are keen to use advanced, high-quality equipment and the latest Sandvik models for this territory offer high performance and reliability
Read More
Shantui secures UN supply agreement
November 20, 2012
Construction machines from Shantui are now being supplied to the United Nations (UN), for use in Africa. The machines are being used by UN peace-keeping forces in Africa, having passed the stringent testing and performance requirements of the UN for harsh road condition use and special applications. The deal came following the necessary procurement certification from the UN. Shantui’s supply deal is for machines including military-level bulldozers, wheeled loaders and road machinery.
Read More
SANY’S king of cranes
November 20, 2012
SANY is appointing a new head for global crawler crane development. John Lanning, SANY America’s research and development director for crawler cranes, has now been promoted to worldwide director of engineering and development for SANY crawler cranes. Liang Wengen, chairman of SANY Group, appointed Lanning to this key role of directing SANY’s crawler crane product development. The new post carries with it two titles, including deputy general manager of SANY Heavy Industry. His main duties will be as director
Read More
China’s hoist up
November 20, 2012
China’s Second National Hoisting Skill Competition commenced recently at Xuzhou Heavy Machinery (XCMG), attracting 29 companies including Sinopec and CNPC. In addition, private enterprises such as Shandong Haiwan and Guangdong Lift Engineering Machinery also designated performers to attend the competition. Safety is a key focus of this event. China’s hoisting industry has grown by nearly 10 times within the past 10 years, however many accidents still occur. There is also a recognised distance between skill
Read More

Highlighted Content