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APM Terminals Izmir prepares for 2016 opening

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With the delivery of five Rubber-Tire Gantry Cranes (RTGs) and two Ship-to-Shore (STS) gantry cranes capable of handling Ultra-Large Containerships (ULCS) of up to 16,000 TEU capacity, the new 1.3 million TEU deep-water APM Terminals Izmir facility is nearing completion in anticipation of beginning commercial operations in early 2016. One more STS crane and five additional RTGs are scheduled to arrive in December, bringing the container handling equipment complement to three ULCS-ready STS cranes and 10 technologically advanced RTGs.

The opening of the new container terminal on Turkey’s Aegean coast, which will become Turkey’s biggest container terminal in the Aegean Region serving Istanbul and southern Turkey, respectively, will contribute significantly towards accommodating Turkish export growth. Currently Europe’s seventh-largest economy, the Turkish government has announced plans to increase Turkey’s exports to USD $500 billion annually by 2023. Global trade analysts with HSBC Bank have projected that industrial machinery and transport equipment will be responsible for one-third of Turkish export growth between 2021 and 2030, increasing from 29% for the five-year period of 2015 to 2020 as Turkey finds new markets for more advanced manufactured goods.

“Turkey’s very ambitious plans to become one of the world’s ten largest economies will rely in part upon new and greater access to the global logistics chain, and the larger vessels serving world trade, and we are proud that APM Terminals Izmir will play a large role in that process” said APM Terminals Izmir Managing Director, Mogens Wolf Larsen.

Operating under a 28-year concession agreement with Turkish petrochemical conglomerate Petkim, the APM Terminals Izmir facility will have 700 meters of quay and a 16 meter depth during its first phase of development, with the ability to expand annual throughput capacity to four million TEUs annually. The new port, which is part of the Petkim Petrochemical Complex development geared for export production, represents an investment of USD $400 million, and will create 600 new jobs in Aliaga.

Following implementation and testing of the cranes and other container handling equipment, APM Terminals Izmir expects to receive its first vessel call in March 2016.

ThyssenKrupp receives order to build cement plant in Colombia

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The new 4,300 tonnes per day facility will be built in Sogamoso, around 200km north east of the capital Bogotá, in the province of Boyacá. The contract is worth around EUR 100 million.

Jens Michael Wegmann, CEO of the Industrial Solutions business area: “With our highly efficient cement plants we are contributing to a resource-friendly infrastructure expansion across the world. To even better leverage the growth potential of the emerging economic regions in the future we are pushing forward the integration and regionalization of our operations worldwide.”

For the new cement line in Sogamoso ThyssenKrupp Industrial Solutions is supplying all components for clinker production as well as quality assurance and monitoring systems. Startup of the line is planned for the end of 2017.

The main components are a 1,200 t/h primary crusher for limestone, a 500 t/h secondary crusher for raw material, and a 40,000 ton capacity circular blending bed. The raw material will be ground in a Quadropol QMR2 roller mill with a throughput of 355 t/h and stored in a 7,000 tonnes capacity homogenising silo.

The kiln line comprises a five-stage, single-string preheater with Prepol AS-MSC calciner, a Polflame-VN rotary kiln with sinter zone burner, and a Polytrack clinker cooler. A further Quadropol QMK2 roller mill with a throughput of 26 t/h of coal will be supplied for preparing the fuel. A POLCID process control system and a Polab APMplus laboratory automation system will be installed for quality monitoring and control.

During construction and commissioning ThyssenKrupp Industrial Solutions will provide construction management services, consulting services and supervision. During operation of the plant the company will provide assistance in the form of operation & maintenance support services as well as training of operating personnel.

Cargotec: Outlook for 2015 unchanged

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Also Cargotec’s 2015 sales are expected to grow from 2014. Operating profit excluding restructuring costs for 2015 is expected to improve from 2014.

Cargotec’s President and CEO Mika Vehviläinen said: “Market activity in container handling and truck-related load handling solutions continued to be healthy in the third quarter. Our investments in new products and operational development were highlighted in several major orders received during the quarter. Demand was strong in the United States and Europe. For MacGregor, the challenging market situation in merchant shipping and offshore continued, resulting in low order volumes. Overall Cargotec’s orders and sales developed favourably during the quarter. Profitability continued to improve in Kalmar and Hiab. During the quarter, to improve profitability MacGregor announced new restructuring measures in addition to the already on-going programmes.”

July-September 2015 in brief
· Orders received increased 9 percent and totalled EUR 907 (829) million.
· Order book grew one percent from the 2014 year-end, and at the end of the reporting period it totalled EUR 2,233 (31 Dec 2014: 2,200) million.
· Sales grew 10 percent to EUR 928 (840) million.
· Operating profit excluding restructuring costs was EUR 68.3 (48.4) million, representing 7.4 (5.8) percent of sales.
· Operating profit was EUR 61.9 (45.8) million, representing 6.7 (5.4) percent of sales.
· Cash flow from operations before financial items and taxes totalled EUR 74.5 (63.4) million.
· Net income for the period amounted to EUR 43.6 (27.8) million.
· Earnings per share was EUR 0.67 (0.43).

January-September 2015 in brief
· Orders received increased 2 percent and totalled EUR 2,733 (2,685) million.
· Sales grew 15 percent to EUR 2,753 (2,395) million.
· Operating profit excluding restructuring costs was EUR 178.6 (77.8) million, representing 6.5 (3.2) percent of sales.
· Operating profit was EUR 168.1 (63.6) million, representing 6.1 (2.7) percent of sales.
· Cash flow from operations before financial items and taxes totalled EUR 227.3 (120.3) million.
· Net income for the period amounted to EUR 107.4 (31.4) million.
· Earnings per share was EUR 1.67 (0.48).