power automation News
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Electric Power Automation Trends Among Investor-Owned Utilities
A recently published compilation of survey findings by Newton-Evans Research highlights electric power automation trends among investor-owned utilities (IOUs). For control systems, IOUs tend to use more OMS analytics, are more likely to have an advanced DMS (or have plans for one), use synchrophasors for wide area monitoring, and want cybersecurity features designed as an integrated part of the ...
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Metso strengthens its power automation position in China by entering into a joint venture
Metso Corporation's press release on August 3rd, 2011 at 12:00 a.m. local time Metso is joining forces with SAC, Guodian Nanjing Automation Co., Ltd (previously State Automation Company), to strengthen its position in the power automation control systems market in China. The new joint venture will concentrate on developing the digital power plant concept focusing especially on the Chinese ...
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Bentley Releases RAM Structural System Version 11.2
Bentley’s RAM International Solutions Center has just released version 11.2 of RAM Structural System – Bentley’s modeling, analysis, and design software for structural engineers involved in the design of building structures of all types. The software provides powerful automated and integrated tools that increase structural engineers’ productivity, allowing them to be more profitable and to more ...
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ABB in St. Louis wins neighborhood business of the year award
ABB, the world’s leading power and automation technology company, announced today it has been selected by the Office of Mayor Francis G. Slay to receive one of the 2010 Neighborhood Businesses of the Year awards in St. Louis. Selected in conjunction with the St. Louis Board of Aldermen, neighborhood businesses of the year enhance the quality of life for residents and other customers. This ...
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Change in Metso`s Vice President, Investor Relations
Metso Corporation's press release on May 12, 2011, 6:00 p.m. local time Johanna Henttonen, Vice President, Investor Relations, is leaving Metso to take a position as head of investor relations at ABB Group in early July. Henttonen has been heading Metso's investor relations since 2005. Metso has started a process to recruit a successor. In the meantime, Marja Mäkinen, Metso's Investor ...
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Metso's Corporate Governance Statement 2010 issued
Metso Corporation's stock exchange release on February 4, 2011 at 13:00 a.m. local time Metso has today issued its Corporate Governance Statement 2010. The statement is prepared in accordance with the recommendation of the Finnish Corporate Governance Code. Metso Corporate Governance Statement 2010 as a PDF is attached in this release. The corporate governance statement is available on Metso's ...
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New date for Metso's first quarter 2011 interim report
Metso Corporation's stock exchange release on February 22, 2011 at 2:00 p.m. local time Metso has decided to change the publication date for its first-quarter interim report in 2011. All other dates remain unchanged. Metso will publish three Interim Reviews in 2011 as follows:*NEW* April 28, 2011 - Interim Review for January - March 2011July 28, 2011 - Interim Review for January - June ...
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Metso’s Capital Markets Day 2011 and assessment of the development for 2012
Metso is hosting a Capital Markets Day today, November 22, in London, UK. The event will feature management presentations covering areas such as Metso Group’s strategy, financial update including pro forma financials according to the new segment structure, and strategy updates of the Mining and Construction, Automation, and Pulp, Paper and Power segments. The main message of the Capital ...
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Juha Rouhiainen appointed Vice President, Investor Relations of Metso
Metso Corporation's press release on August 29, 2011 at 11:30 a.m. local time Juha Rouhiainen, (MSSc.), has been appointed Vice President, Investor Relations for the Metso Group. He will start in his new position on October 31, 2011 at the latest. Juha will report to Harri Nikunen, CFO. Juha will join Metso from Neste Oil, a refining and marketing company, where he has worked as Director, ...
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Members of Metso Board Committees
Metso Corporation's stock exchange release on March 31, 2011 at 9:00 a.m. local time Metso Corporation's Board of Directors elected members among the Board for the Audit Committee and Remuneration and HR Committee at its assembly meeting. The Board's Audit Committee consists of Pia Rudengren (Chairman), Maija-Liisa Friman and Erkki Pehu-Lehtonen. The Board's Remuneration and HR Committee ...
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Metso`s financial information in 2012
Metso Corporation's stock exchange release on August 4, 2011 at 10:00 a.m. local time Metso Corporation will publish its Financial Statements and three Interim Reviews in 2012 as follows: February 9, 2012 - Financial Statements for 2011April 26, 2012 - Interim Review for January - March 2012July 26, 2012 - Interim Review for January - June 2012October 25, 2012 - Interim Review for January ...
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Metso's Annual Report 2010 published
Metso's Annual Report 2010 published Metso Corporation's stock exchange release on March 8, 2011 at 11:00 a.m. local time Metso Corporation's year 2010 Annual Report and Financial Statements have been published today in Finnish and English. The printed report is supplemented by the sustainability online publication Metso Sustainability Results 2010, which has been published at ...
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Jari Koikkalainen appointed President, Metso Paper and Fiber Technology, China region
Metso Corporation's press release on June 7, 2011 at 2:45 p.m. local time Jari Koikkalainen has been appointed President of Metso Paper and Fiber Technology, China region as of August 1, 2011. He is currently Senior Vice President, Sales, Metso's Paper business line and head of the company's Paper and Fiber ...
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Metso to supply board machine rebuild for Cartones Ponderosa in Mexico
Metso Corporation's press release on May 17, 2011 at 4:00 p.m. local time Metso will rebuild the folding boxboard machine at the San Juan del Río mill of Cartones Ponderosa, S.A. de C.V. in Mexico. The start-up of the rebuilt machine is scheduled for the second quarter of 2012. The value of the order will not be disclosed. The order is included in Paper and Fiber Technology's Q2 2011 ...
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Metso’s Board of Directors decided on a new long-term incentive plan for the top management
The Board of Directors of Metso has decided on a new share-based incentive plan for the Group’s top management. The aim of the new plan is to combine the objectives of the shareholders and the management in order to increase the value of the company, to commit the management to the company, and to offer them a competitive reward plan based on long-term shareholding in Metso. The plan ...
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ABB announces net income almost tripling in 2007 to $3.8bn, CEO Fred Kindle to leave
ABB Chief Executive Officer Fred Kindle is leaving the company due to irreconcilable differences about how to lead the company. The Board of Directors named Chief Financial Officer Michel Demaré as interim CEO. Fred Kindle joined the company in September 2004 and took over as President and CEO in January 2005. He oversaw a period of strong organic growth and a return to profitability at ABB. The ...
By ABB
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Metso to supply containerboard line to Greenpac Mill in the United States
Metso Corporation's press release on June 28, 2011 at 09:00 a.m. local time Metso will supply a containerboard production line to Greenpac Mill LLC to their new mill site in Niagara Falls, NY, in the United States. The start-up of the production line is scheduled for the second quarter of 2013. The value of the order is approximately EUR 65 million. The main part of the order is included in ...
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ABB wins $580-million power transmission order in Europe
New transmission link strengthens integration of Baltic energy markets with northern Europe ABB, the leading power and automation technology group, has won orders worth around $580 million from Svenska Kraftnät of Sweden and LITGRID turtas AB of Lithuania to supply a new power transmission link between the Nordic and Baltic regions. ABB will deliver a high-voltage direct current (HVDC) ...
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Metso`s Capital Markets Day 2011 and assessment of the development for 2012
Metso Corporation's stock exchange release on November 22, 2011 at 10:05 a.m. local time Metso is hosting a Capital Markets Day today, November 22, in London, UK. The event will feature management presentations covering areas such as Metso Group's strategy, financial update including pro forma financials according to the new segment structure, and strategy updates of the Mining and Construction, ...
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Metso Paper and Fiber Technology`s new organization
"Working as one to be number one in pulp and paper" Metso Corporation's press release on August 4th, 2011 at 2:15 p.m. local time Metso's Paper and Fiber Technology segment (PFT) will have a new organization. From October 1, 2011, PFT will comprise geographical areas and global businesses: the areas will be North America, South America, EMEA (Europe, Middle East, Africa), China and Asia ...
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