A series of key moves are being seen in the diesel engine sector, with major firms offering new solutions – Mike Woof writes Several of the major engine builders are introducing key innovations from the beginning of 2014 to meet with tough new emissions regulations for Europe and the US. Another key issue is providing solutions for engine customers in countries with less stringent regulations on emissions. Caterpillar has developed options for customers in lesser regulated countries who may wish to buy seco
Turkish firm Hidromek is serious about its plans for the future and is gearing up production of its excavator range. High performance is claimed by the firm for its machines, which feature sophisticated electronics and hydraulics as well as the latest low emission engines.
The evolution of the diesel engine continues as ever more sophisticated technologies come into use - Mike Woof writes
A major focus for diesel engine suppliers is for the development of low emission technologies. Tough regulations are in force in North America and Europe with regard to emissions, a programme introduced to help reduce pollution from off-highway machines. These technologies are also being introduced in stages in other territories, with China now rolling out tougher regulations.
German engine manufacturer Deutz has replaced its existing funding arrangements with a new syndicated loan.
The working capital facility totalling €160million is being provided by a syndicate of German banks. The credit line is unsecured and runs until June 2017. In addition, Deutz has received a low-interest loan amounting to €90 million from the European Investment Bank. This loan, which is also unsecured, is repayable over a period of eight years with a grace period of two years. Deutz has hedged the in