Company News: Sandvik
Updated: 18 Nov 2009
Sandvik is a high-technology, engineering group with advanced products and a world-leading position within selected areas. Worldwide business activities are conducted through representation in 130 countries. In 2008 the Group had 50,000 employees and sales of approximately SEK 93 billion.
• Sandvik's business concept is based on a unique competence in materials technology. This has resulted in a world-leading position in three core areas:
• Cemented-carbide and high-speed steel tools for metalworking applications and blanks and components made of cemented carbide and other hard materials.
• Machinery, equipment and tools for rock-excavation.
• Stainless and high-alloy steels, special metals, resistance materials and process systems.
Business Category Engineering/Contractor; Manufacturer
Regions of Operation North America; Latin America; Caribbean; Europe; Central and Northern Asia; Middle-East Asia; South-East Asia; North Africa; Central and East Africa; Southern Africa; West Africa; Australasia
Exchange Ticker SAVKY
Latest Press Releases
09 Jun 2009
Sandvik expands capacity for steam generator tubes
Sandvik Materials Technology has decided to significantly increase capacity for the production of high-alloy steam generator tubes to meet the growing demand from the nuclear power industry.
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Most Recent Company News
- Poland’s promise - 26 Feb 2010 3:01pm
Paul Moore visited the Tychy operations of Sandvik Mining and Construction Poland, the company’s key underground mining hub in central Europe, which serves the significant coal and hard-rock mining industry in Poland and the Czech Republic Read more... - Europe’s copper hub - 26 Feb 2010 3:01pm
KGHM’s Polkowice-Sieroszowice near Lubin, Poland, is one of the world’s most important underground copper mines and one of three major KGHM group mines, along with Rudna and Lubin. As such it is a key focus for mining equipment and technology development Read more... - Sandvik signs Pascua-Lama deal - 26 Feb 2010 3:01pm
Sandvik has announced an agreement with Barrick regarding the supply of several classifications of equipment for the Pascua-Lama open-pit mine, located south of Atacama and straddling the border between Chile and Argentina Read more... - Sandvik-Cubex dealer agreement - 02 Feb 2010 12:26pm
On November 20, 2009, Sandvik Mining and Construction announced that it had entered into a dealer agreement with Winipeg, Canada-based Cubex to market, distribute and support its underground mining product line. Read more... - Continuously cutting edge - 02 Feb 2010 12:26pm
Carly Lovejoy looks at the use of continuous mining machines in underground soft-rock mines Read more... - Sandvik supplies Bolter Miners to Shendong - 05 Jan 2010 4:40pm
Sandvik has received a major order from Shenhua Energy Co’s Shendong coal production centre in China. Read more... - One to watch - 09 Dec 2009 1:51pm
China’s vast coal reserves and budding surface mining industry make it an up and coming market for equipment sales. Carly Lovejoy investigates Read more... - CIS contract for Sandvik - 03 Dec 2009 1:27pm
Sandvik Mining and Construction and Russian steel and mining company Severstal, have signed an agreement for the supply of submerged drilling equipment to the LLC Beresitoviy Rudnik mining operation. Read more... - Sandvik Cubex tie-up - 02 Dec 2009 10:59am
Sandvik has announced that it has entered into a dealer agreement with Canadian-based Cubex Ltd to market, distribute and support its underground mining product line Read more... - Sandvik to close Burlington plant - 11 Nov 2009 3:36pm
The Burlington facility, which supplies LP loaders, smaller underground trucks and rubber-tyred soft rock vehicles, is expected to be fully decommissioned by the end of 2010, with the loss of all 114 jobs at the site Read more... - Sandvik closes Burlington - 02 Nov 2009 10:40am
Sandvik Mining and Construction has announced plans to close its manufacturing plant in Burlington, Ontario, Canada. Read more... - Sandvik supplies major mine restart - 14 Oct 2009 2:50pm
Sandvik has announced that it has been selected to supply a range of mining equipment to Northern Iron Ltd’s Sydvaranger Gruve open-pit iron mine which is due to reopen soon. Read more... - Sandvik opens biggest plant in Jiading, China - 14 Oct 2009 11:53am
On September 17, Sandvik Mining and Construction inaugurated its largest Chinese production facility to date in the Shanghai Jiading Industrial Zone Read more... - Sandvik opens Brazilian facility - 06 Oct 2009 4:03pm
Sandvik Mining and Construction has inaugurated a new Vespasiano manufacturing facility near Belo Horizonte, Brazil. Read more... - Sandvik inaugurates new factory - 22 Sep 2009 9:36am
On September 17, Sandvik Mining and Construction inaugurated its largest production facility to date in the Shanghai Jiading Industrial Zone, China. Read more... - Sandvik: Swedish giant - 09 Sep 2009 3:08pm
While having its own highly successful rock drilling business dating back to 1907, the most significant step in Sandvik’s mining equipment business was the Tamrock purchase in 1997 Read more... - Sandvik- BASF MEYCO global agreement - 09 Sep 2009 11:53am
Sandvik Mining and Construction and BASF’s unit MEYCO Equipment have signed an agreement for a global cooperation in the field of tunnelling and mining. Read more... - Bibra forms key high-speed rail link - 10 Aug 2009 5:00pm
Drill and blast from both ends is driving Germany’s horseshoe-shaped, twin-tube Bibra tunnel as part of German and European high speed rail networks. Former World Tunnelling editor Lawrence Williams reports. Read more... - Bolting up - 02 Jun 2009 11:56am
Carly Lovejoy investigates the use of strata support in underground coal mines,and takes a look at the latest equipment innovations Read more... - SKM outlines El Teniente TBM plans - 02 Jun 2009 11:56am
Codelco's El Teniente underground copper mine is to use tunnel boring machine technology in the excavation of a conveyor haulage tunnel, part of the New Mine Level Project Read more...
Sandvik AB
- Sandviken
- SE-811 81
- se
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