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“Doomsday” vault design unveiled The Norwegian Government has unveiled the final design for a vault that will house seeds from all known varieties of food crops found on Earth. Dubbed the Doomsday Vault, the Svalbard International Seed Vault will be built 120 m into a rocky mountainside on Spitsbergen, one of four islands that make up Svalbard, near the North Pole. The vault will safeguard the world’s agriculture from futur . . . more | |||||||||||
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| Africa infrastructure funding The African Development Bank (AfDB) has earmarked US$ 1.6 billion to help finance infrastructure projects across Africa. The projects, which are mainly concentrated in the transport and e . . . more |
| Illegal construction destroying China's forests China’s State Forestry Administration (SFA) has criticised local authorities and private companies for destroying the country’s forests to make way for new transport links, reports state new . . . more |
 Dubai World Central takes offConstruction of Dubai World Central (DWC), the 140 km2 “urban aviation community” in Jebel Ali, Dubai, United Arab Emirates (UAE) has moved into the next phase following two major contract a . . . more |
| Cimpor targets Egypt Cimpor has launched a bid to acquire a controlling interest in Egyptian cement producer Misr Cement. Its EG£ 67 (US$ 11.75) per share offer values the company at EG£ 2.01 billion (US$ 353 mi . . . more |
| Kobelco sets up Indian JV Kobelco has set up a sales and service company in India in partnership with trading company Itochu. Kobelco owns 30% of the Delhi-based joint venture, while Itochu holds 70%. Employing 30 . . . more |
| BB sees record revenues and orders Preliminary results from Bilfinger Berger show its sales rose +12% to € 7,94 billion last year. Its order intake rose +33% to € 10 billion and its backlog at the end of the year was up +25% . . . more |
| Tiong Woon profit up 129% Latest figures from heavy lift and transport specialist Tiong Woon Corporation show net profit has more than doubled. A net profit figure of S$7.1 million (US$4.6 million) was posted for the . . . more |
| Smit nearly doubles profit Dutch heavy lift and transport specialist Smit Internationale N.V. has reported net profit for 2006 of around Euro 75 million. This is almost double the 2005 figure of Euro 38.3 million. . . . more |
| A2Sea acquires Jumping Jack Wind turbine installation contractor A2Sea has acquired the Jumping Jack installation barge from Dutch offshore contractor Mammoet Van Oord. A2Sea, headquartered in Denmark, can now install . . . more |
| New AEM members Three crane and lifting equipment manufacturers have joined the Association of Equipment Manufacturers (AEM). Two are from China and one is from the US. Xuzhou Construction Machinery Grou . . . more |
| Strong growth at Cargotec End of year figures for Cargotec Corporation, which is the Hiab, Kalmar and MacGregor brands of cranes and handling equipment, show double-digit growth. Net sales were up 10% to Euro 2.597 b . . . more |
| United Rentals acquires High Reach Connecticut, USA-based United Rentals expanded its aerial platform rental operations in the Atlanta area by acquiring High Reach Equipment Services. High Reach had one aerial equipment branc . . . more |
| North American rental worth $32,8bn The North American equipment rental sector was worth US$32,8 billion in 2006 and the rental penetration rate – the proportion of equipment sold to rental companies – was 27,5%, according to . . . more |
 Clover swaps Hertz for CaterpillarPhilippe Clover, formerly operations director for Hertz Equipment Rental in Europe, has joined Caterpillar as its rental development manager for Europe. Mr Clover, pictured at last week’s Re . . . more |
 PSE orders 1200 UpRight platformsPlatform Sales Europe (PSE), the Netherlands company headed by Arjan Roelse (left), has ordered 1200 machines from UpRight Powered Access for delivery over the next 12 months. PSE will su . . . more |
| United Rentals acquires High Reach Connecticut, USA-based United Rentals expanded its aerial platform operations in the Atlanta area by acquiring High Reach Equipment Services. High Reach had one aerial equipment branch in No . . . more |
 Pop-Up scissor grows 1 mThe working height of the small, push-around Pop-Up scissor lift range has risen by 1 m to 4.6 m. The new Pop-Up Plus model - launched at the recent Executive Hire Show in Coventry, UK - . . . more |
 Progress on mast climber trainingThe first three IPAF-certified mast climbing work platform training centres in North America are soon to be appointed following train the trainer courses run by Mastclimbers Training Institu . . . more |
 Bowers and son back with LifterzFormer AFI managing director Malcolm Bowers and son Ben have co-founded an access rental business called Lifterz Ltd, based from a depot near Ossett, Yorkshire, UK. The company started re . . . more |
| Hanwoo becomes Everdigm South Korean hydraulic breaker and demolition attachment manufacturer Hanwoo has announce a formal name change. From further notice, it will be known as Everdigm, with an infinity motif form . . . more |
 Assessing demolition skillsThe UK’s National Federation of Demolition Contractors (NFDC) has appointed its first full time National Vocational Qualification (NVQ) scheme assessor in the shape of Roy Brown, a demolitio . . . more |
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