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Posco Specialty Steel withdraws IPO due to poor demand Posco Specialty Steel withdraws IPO due to poor demand(0)

Posco Specialty Steel, which is owned by Korean steelmaker Posco, has decided to withdraw its initial public offering, which was intended to raise between W392 billion and W462 billion ($361 million to $426 million), a source said Friday. The company, which produces high-quality steel for automobiles, machinery, nuclear power plants, shipbuilding, aeronautics and electronics, was […]

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SKF signs contracts worth SEK 1 billion with Audi AG SKF signs contracts worth SEK 1 billion with Audi AG(0)

SKF has signed contracts with Audi for the delivery of SKF components for use on a range of vehicle models. The contracts, estimated at nearly SEK 1 billion, include the delivery of four different versions of wheel bearing units for the wheel ends and a range of bearings for the new double clutch transmission. “Together […]

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Hino Motors withdraws their trucks because of problems with wheel bearings Hino Motors withdraws their trucks because of problems with wheel bearings(0)

Hino Motors, Ltd announced that due to faulty bearing hubs front axle recall a total of 763 trucks of medium and heavy-duty vehicles. Revocable campaign touches Profia and Ranger models produced in the period from 10 November 2011 to 30 January 2012. Hino withdraw their trucks to replace the wheel bearings on the front axle […]

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Schaeffler precision bearings for solar energy offer long life and high efficiencies Schaeffler precision bearings for solar energy offer long life and high efficiencies(0)

The efficiency of solar power plants – including photovoltaic (PV) and solar thermal technologies – depends on how closely the collectors are able to track the course of the sun. The more precise and trouble-free these collectors operate, the more efficient and therefore more profitable the plants will be. Rolling and plain bearings, as well […]

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U.S. seeks bearings refurbishment at 2,078-MW Hoover Dam U.S. seeks bearings refurbishment at 2,078-MW Hoover Dam(0)

The Bureau of Reclamation seeks information on firms able to repair or remanufacture guides and thrust bearings at 2,078-MW Hoover Dam on the Colorado River in Arizona and Nevada. Responses are due Nov. 26. Reclamation recently awarded a $1.5 million contract to Andritz Hydro Corp. to supply four impulse turbine runners for Hoover. In a […]

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NSK: Current trends and development projects for wind turbine bearings NSK: Current trends and development projects for wind turbine bearings(0)

Even higher expectations regarding service life and reliability twinned with pressure on costs: this is the picture currently emerging for bearings in the wind energy industry. With the help of examples, the following article explains how one of the world’s leading suppliers develops new generations of bearings in these circumstances. At first sight, the business […]

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Aircraft Wheel Bearings – Timken Taper Bearing 629 Inspection codes Aircraft Wheel Bearings – Timken Taper Bearing 629 Inspection codes(0)

For many years Timken Aerospace have provided the mass majority of the worlds aircraft wheel bearings and for good reason they retain their dominant position in this field. Identifying authentic aircraft wheel bearings (taper roller bearings) should be relatively easy because all approved Timken product undergoes a special level of inspection before it leaves the […]

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U.S. Steel bids for Slovakia plant U.S. Steel bids for Slovakia plant(0)

U.S. Steel said it has received and is considering offers for its mill in Slovakia, 10 months after the Pittsburgh steelmaker sold its hemorrhaging steel plant in Serbia for $1. Jan Baca, a spokesman for U.S. Steel Kosice, said it is prudent to consider the expressions of interest in the company and that “no decisions […]

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Schaeffler’s Wind Power Standard ensures improved reliability Schaeffler’s Wind Power Standard ensures improved reliability(0)

The demands in terms of component reliability in both onshore and offshore wind turbines have increased considerably over the last few years. Rolling bearings for example play a critical role here. The development of multi-megawatt turbines has led to higher forces and torques, which means components are subjected to ever increasing loads. At the same […]

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NSK introduces Bearings for agricultural machinery NSK introduces Bearings for agricultural machinery(0)

Tailor-made solutions increase service life Dirt, moisture, abrasion and high mechanical loads: driving elements in agricultural machinery and the associated mounted implements are subject to severe strain. The bearings used also have to be tailored to these conditions. It is possible to increase the drive systems’ useful life by selecting the ideal bearings or using […]

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