ThyssenKrupp

Underwater Warfare Market worth $5.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 19, 2024

Based on the systems, the unmanned systems segment is estimated to lead the Underwater Warfare market from 2023 to 2028.

Key Points: 
  • Based on the systems, the unmanned systems segment is estimated to lead the Underwater Warfare market from 2023 to 2028.
  • The unmanned systems market is growing rapidly due to various factors including technological advancement in naval industry.
  • The unmanned systems include autonomous or remote-controlled vehicles designed to perform various tasks underwater, such as surveillance, mapping, and even warfare.
  • The increasing demand for anti-submarine warfare equipment has contributed to the growth of surface ships in the underwater warfare industry .

Underwater Warfare Market worth $5.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 19, 2024

Based on the systems, the unmanned systems segment is estimated to lead the Underwater Warfare market from 2023 to 2028.

Key Points: 
  • Based on the systems, the unmanned systems segment is estimated to lead the Underwater Warfare market from 2023 to 2028.
  • The unmanned systems market is growing rapidly due to various factors including technological advancement in naval industry.
  • The unmanned systems include autonomous or remote-controlled vehicles designed to perform various tasks underwater, such as surveillance, mapping, and even warfare.
  • The increasing demand for anti-submarine warfare equipment has contributed to the growth of surface ships in the underwater warfare industry .

Rio Tinto releases fourth quarter production results

Retrieved on: 
Monday, January 15, 2024

Operations saw a continued improvement in the fourth quarter, with production 8% higher than the prior quarter, following the challenges of higher-than-average rainfall at Weipa in the first quarter and equipment downtime at both Weipa and Gove in the first half.

Key Points: 
  • Operations saw a continued improvement in the fourth quarter, with production 8% higher than the prior quarter, following the challenges of higher-than-average rainfall at Weipa in the first quarter and equipment downtime at both Weipa and Gove in the first half.
  • Production from Matalco in 2023 was 582 thousand tonnes of recycled aluminium with Rio Tinto marketing these products from 1 December 2023.
  • With the smelter rebuild successfully completed and the ramp-up progressing, we expect a return to stable production in the first quarter of 2024.
  • All currency figures in this report are US dollars, and comments refer to Rio Tinto’s share of production, unless otherwise stated.

Global Duplex Stainless Steel Market Outlook 2023-2036: Rising Demand for Corrosion-Resistant Duplex Stainless Steel Boosts Market Prospects - ResearchAndMarkets.com

Retrieved on: 
Monday, January 15, 2024

The "Global Duplex Stainless Steel Market Outlook 2023-2036" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Duplex Stainless Steel Market Outlook 2023-2036" report has been added to ResearchAndMarkets.com's offering.
  • The global duplex stainless-steel market is set to grow at a CAGR of 6.4% over the forecast period, i.e., 2024-2036.
  • Moreover, the growing employment of duplex stainless steel in the paper & pump industry, along with rising maritime activities is also projected to dominate the market expansion.
  • The global duplex stainless-steel market is segmented into numerous segments, which include segmentation by grade, product type, and by end-use industry.

SPZI: JP 3E Holdings, Inc. Names Two Prominent Board of Directors; Rolf Bela Wenz and Kisoo Kim

Retrieved on: 
Wednesday, January 10, 2024

CLEARWATER, Fla., Jan. 10, 2024 (GLOBE NEWSWIRE) -- JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), is pleased to announce the addition of two members of the Board - Rolf Bela Wenz and Kisoo Kim.

Key Points: 
  • CLEARWATER, Fla., Jan. 10, 2024 (GLOBE NEWSWIRE) -- JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), is pleased to announce the addition of two members of the Board - Rolf Bela Wenz and Kisoo Kim.
  • Mr. Wenz will assume the role of Chairman of JP Energy Global, wholly owned subsidiary of JP 3E Holdings, Inc. and the Transfer Pricing Division of ThyssenKrupp Resource Technologies GmbH.
  • Mr. Wenz completed his training as an industrial clerk at Krupp while attending all Krupp work schools to include Krupp University.
  • Ki-soo (aka Kisoo) Kim is the former Head of Korea Gas Corporation's (KOGAS) introduction and sales division, and the former Executive President of KOGAS.

Infosys: Resilient performance in a seasonally weak quarter; Large deal momentum continues with 71% net new deals

Retrieved on: 
Thursday, January 11, 2024

BENGALURU, India, Jan. 11, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $4,663 million in Q3 revenues with year-on-year and sequential decline of 1.0% in constant currency. Large deal TCV for the quarter was $3.2 billion, with 71% being net new. Operating margin for the quarter was 20.5%, a sequential decline of 70 bps. Attrition declined further to 12.9%. FY24 revenue guidance revised to 1.5%-2.0% and operating margin guidance at 20%-22%.

Key Points: 
  • "Cash generation remained robust with FCF to net profit conversion for Q3 at 90.6%," he added.
  • Infosys entered into a collaboration with smart Europe GmbH for five years to bring sustainable electric mobility to customers.
  • Dirk Adelmann, Chief Executive Officer, smart Europe GmbH, said, "We are pleased to have Infosys as our partner on this journey.
  • Infosys announced a strategic long-term collaboration with TK Elevator (TKE) to help consolidate, harmonize, and modernize their digital landscape.

Infosys: Resilient performance in a seasonally weak quarter; Large deal momentum continues with 71% net new deals

Retrieved on: 
Thursday, January 11, 2024

BENGALURU, India, Jan. 11, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $4,663 million in Q3 revenues with year-on-year and sequential decline of 1.0% in constant currency. Large deal TCV for the quarter was $3.2 billion, with 71% being net new. Operating margin for the quarter was 20.5%, a sequential decline of 70 bps. Attrition declined further to 12.9%. FY24 revenue guidance revised to 1.5%-2.0% and operating margin guidance at 20%-22%.

Key Points: 
  • "Cash generation remained robust with FCF to net profit conversion for Q3 at 90.6%," he added.
  • Infosys entered into a collaboration with smart Europe GmbH for five years to bring sustainable electric mobility to customers.
  • Dirk Adelmann, Chief Executive Officer, smart Europe GmbH, said, "We are pleased to have Infosys as our partner on this journey.
  • Infosys announced a strategic long-term collaboration with TK Elevator (TKE) to help consolidate, harmonize, and modernize their digital landscape.

Rio Tinto Board changes

Retrieved on: 
Friday, December 22, 2023

Martina also has extensive listed company experience, currently serving on the Board of AB Volvo and the Supervisory Board of Siemens AG.

Key Points: 
  • Martina also has extensive listed company experience, currently serving on the Board of AB Volvo and the Supervisory Board of Siemens AG.
  • Rio Tinto Chair Dominic Barton said: “Martina has extensive leadership experience in handling cyclical businesses, navigating the energy transition and decarbonisation initiatives, and leading innovation and R&D efforts.
  • This expertise, combined with significant board experience as a non-executive director, make her a valuable addition to the Rio Tinto Board.
  • I am very pleased to welcome Sharon to our Board.”
    Martina Merz said: “I am pleased to be joining Rio Tinto at an exciting time for the company.

Global Automotive Steering System Market Analysis 2023-2028 - OEMs Dominate the Sales Channel, Prioritizing Safety and Efficiency - ResearchAndMarkets.com

Retrieved on: 
Monday, December 18, 2023

Consumers are seeking advanced safety, comfort, and innovative steering system technologies in passenger vehicles, driving the demand for these systems.

Key Points: 
  • Consumers are seeking advanced safety, comfort, and innovative steering system technologies in passenger vehicles, driving the demand for these systems.
  • OEMs Dominate Sales: Original Equipment Manufacturers (OEMs) dominate the sales channel, as they prioritize safety and efficiency.
  • Asia Pacific Leads Growth: Asia Pacific is the leading region in the automotive steering system market, with China as its strongest market.
  • The growth of the automotive steering system market is closely tied to the sales and production of automotive vehicles.

Europe Ammonia Crackers Market Analysis and Forecast Report 2023-2032 Featuring Key Players - Haldor Topsoe, Siemens Energy, KBR, Air Liquide, thyssenkrupp, and Duiker Combustion Engineers - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 21, 2023

The "Europe Ammonia Crackers Market - Analysis and Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Ammonia Crackers Market - Analysis and Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering.
  • The Europe ammonia crackers market is on a meteoric rise, poised to surge to $415.61 million by 2032 from its 2022 position at $54.40 million.
  • Europe, as a market for ammonia crackers, ranks prominently, driven by ongoing developments and project announcements within the region.
  • The ammonia crackers market exhibits different stages of development, with small-scale ammonia crackers at the mature stage, while large-scale counterparts are in the midst of evolving.