Industrial Manufacturing

SKF Board Sets Oct 1 EGM to Approve SKF Vertevo Spin-Off Listing

Gothenburg – September 10, 2026 -- AB SKF's Board of Directors has proposed the distribution and listing of SKF Vertevo, the group's Automotive business, with a shareholder vote set for an Extraordinary General Meeting on October 1, 2026.

SKF Vertevo listing targeted for December 1, 2026 on Nasdaq Stockholm

Subject to shareholder approval at the EGM and customary regulatory clearances, shares in SKF Vertevo are expected to begin trading on Nasdaq Stockholm on December 1, 2026. The move follows the completed operational separation of the Automotive business, which has been running as a standalone unit within the SKF Group ahead of the formal split.

SKF Shareholders to Vote on SEK 11 Billion Vertevo Spin-Off Oct. 1

Gothenburg – September 10, 2026 -- AB SKF has called an Extraordinary General Meeting for 1 October 2026 to approve the distribution of all shares in SKF Vertevo AB, the entity housing SKF's Automotive business, to existing shareholders ahead of a planned Nasdaq Stockholm listing.

SKF sets a 5-to-1 share ratio for the Vertevo distribution

Under the Board's proposal, shareholders will receive one series A share in SKF Vertevo for every five series A shares held in SKF, and one series B share for every five series B shares. Fractional entitlements will be pooled, sold on Nasdaq Stockholm via Skandinaviska Enskilda Banken AB, with proceeds distributed pro rata through Euroclear, free of commissions.

evolve, ELITEWHEELS Debut CIMA Bike Platforms at Italian Bike Festival

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evolve, ELITEWHEELS Debut CIMA Bike Platforms at Italian Bike Festival

Misano, Italy – September 09, 2026 -- Cycling technology brands evolve and ELITEWHEELS showcased new performance bike platforms and carbon wheelsets at the Italian Bike Festival (IBF) 2026, held September 4-6 at the Misano World Circuit, occupying booth W3 throughout the three-day event.

evolve unveils data-driven CIMA road and gravel platforms

evolve presented its latest road bike developments built on a data-driven approach targeting weight, stiffness, aerodynamics and handling characteristics. The brand expanded its product portfolio with the CIMA road platform and the CIMA GR gravel platform, both engineered around measurable performance metrics and race-ready technology. evolve confirmed additional product categories are in development for future launches.

Leuna Chemical Plant Faces Closure After Investor Search Fails

Halle – September 09, 2026 -- The insolvent chemical producer Leuna Polyamid has failed to secure a binding investor offer for its large plant in Leuna, Saxony-Anhalt, putting roughly 400 jobs at risk of permanent loss.

No binding investor offer has been received, CEO confirms

"We have unfortunately not yet received a binding offer from an investor," managing director Martin Naundorf told the Mitteldeutsche Zeitung. The company had been searching for a buyer to keep the polyamide and fertilizer production site operational.

Production continues through September to fulfill existing customer orders

The plant will keep running until the end of September to complete outstanding customer contracts, according to Naundorf. After that, management plans to shut down the facility itself, a process expected to take 15 to 20 days.

Segway Navimow Signs Three-Year Deal as TOP 14 Official Supplier

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Segway Navimow Signs Three-Year Deal as TOP 14 Official Supplier

Paris – September 09, 2026 -- The Ligue Nationale de Rugby (LNR) has named Segway Navimow an Official Supplier of the TOP 14 for three seasons through 2029, marking the robotic lawn mower brand's first sports partnership in France.

Pitch ranking gets renamed after new sponsor

The annual ranking of professional clubs' playing surfaces, previously produced through the Elite Pitch Performance Analysis (APPE), will now be called the "Navimow Pitch Ranking." The initiative evaluates the quality of pitches maintained by TOP 14 clubs each season.

Aluminum Refractory Materials Market to Hit $2.73B by 2031

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Aluminum Refractory Materials Market to Hit $2.73B by 2031

Delray Beach, Fla. – September 09, 2026 -- The global aluminum refractory materials market is projected to grow from USD 2.17 billion in 2026 to USD 2.73 billion by 2031, expanding at a compound annual growth rate of 4.77%, according to MarketsandMarkets.

Secondary aluminum production drives fastest volume growth

By production stage, secondary aluminum production is set to post the highest CAGR at 5.9% between 2026 and 2031 by volume, as recycling consumes up to 95% less energy than primary smelting. Rising scrap volumes and automotive and packaging demand are pushing investment into remelting furnaces, each requiring specialized refractory linings.

Yara Inaugurates Europe's Largest Carbon Capture Plant in Sluiskil

Sluiskil – September 09, 2026 -- Europe's largest industrial carbon capture facility was officially inaugurated today at Yara International's ammonia and fertilizer plant in Sluiskil, the Netherlands, establishing the continent's first complete cross-border value chain for capturing, transporting and permanently storing CO2.

Facility captures up to 800,000 tons of CO2 annually from ammonia production

The plant, part of Europe's largest ammonia and fertilizer complex, will capture and liquefy up to 800,000 tons of CO2 per year, avoiding carbon taxation on those volumes. Over the next 15 years, the project is expected to capture and store approximately 12 million tons of CO2, contingent on supportive regulatory conditions.

Pudu Robotics Unveils Full Robot Lineup at IFA 2026, D7 Wins Innovation Award

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Pudu Robotics Unveils Full Robot Lineup at IFA 2026, D7 Wins Innovation Award

Berlin – September 09, 2026 -- Pudu Robotics is showcasing its complete commercial robotics portfolio at IFA 2026 in Berlin, marking the company's first appearance at the trade show and the European debut of its semi-humanoid PUDU D7.

PUDU D7 wins IFA Innovation Award in emerging tech category

The PUDU D7 took home the IFA Innovation Award in the IFA NEXT & Emerging Tech category ahead of its European premiere. At the Pudu booth, visitors can interact with the robot directly as it takes photos, captures self-view selfies, responds with a hand-heart gesture and picks up objects on request.

Pudu Robotics' D7 Semi-Humanoid Wins IFA Innovation Award, Debuts in Europe

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Pudu Robotics' D7 Semi-Humanoid Wins IFA Innovation Award, Debuts in Europe

Berlin – September 09, 2026 -- Pudu Robotics' PUDU D7 semi-humanoid robot has been named an Honoree in the Best in IFA Next & Emerging Technologies category of the IFA Innovation Awards, marking the machine's first European showcase at IFA 2026 in Berlin.

D7 combines dual-arm manipulation with 20 kg payload capacity for industrial use

The robot is built for industrial, warehouse, retail and hospitality settings, capable of handling materials, picking items from shelves, replenishing inventory and transporting goods between work areas. It carries a payload of up to 20 kg (44.1 pounds) and operates at heights up to 2 meters (6.6 feet), allowing it to work across varied storage systems.

A&S Resources Secures $6B Rail Financing for $2.5T Iron Ore Project

LONDON – September 09, 2026 -- A&S Resources Limited has secured $6 billion in financing from the Export-Import Bank of India (EXIM Bank) to build a 1,350-km railway linking its mineral assets in the Central African Republic (CAR) to international export markets via Cameroon.

Railway will connect landlocked CAR to Cameroon's Kribi deep-water port

The dual-track, heavy-cargo railway is designed to carry 250,000 tonnes of freight per day, with capacity expandable to 300,000 tonnes. It removes a critical infrastructure bottleneck that has constrained mining development in CAR, a landlocked nation with no direct rail access to seaborne export routes.