KUALA LUMPUR, July 30 (Bernama) -- AKWEL, the automotive and HGV equipment and systems manufacturer, has posted consolidated turnover of €487.6 million in the first half of 2021, up by 26.0 per cent compared to the first half of the previous year. (€1 = RM5.031)
According to a statement, activity remains down by -13.9 per cent compared to the first half of 2019. On first half, AKWEL saw its turnover increase by 88.7 per cent when comparing published figures (99.7 per cent when taking exchange rates and scope as constants). The group’s quarterly turnover is to be compared with a second quarter of 2020 in which worldwide vehicle production virtually ceased for two months and was down by -21.7 per cent compared to 2019. Procurement difficulties for the main raw materials and electronic components are affecting the organisation of the entire supply chain, resulting in unplanned production stoppages among the manufacturers. On a like-for-like basis, AKWEL continues to outperform its benchmark markets in its two main regions of operation, in Europe and North America. On June 30, the AKWEL group had a record positive net cash position, at €95.9 million (excluding debts on lease obligations) after disbursement of the dividend. AKWEL confirms it is expecting to see activity increasing over the year underway, in view of the favourable base effect for 2020, but remaining below that of the year 2019. Operating in 20 countries across every continent, AKWEL employs almost 10,500 people worldwide. -- BERNAMA
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KUALA LUMPUR, July 28 -- Cognite, a global provider of Industrial DataOps software, has announced that NTT Comware, a global system integrator for telecommunications and other industries in the NTT Group, has adopted Cognite Data Fusion™ as part of the data infrastructure of the smart maintenance solution Smart Data Fusion.
Cognite Data Fusion™ is the leading Industrial DataOps platform, according to a statement. “We are very pleased to be selected as the digital twin platform for NTT Comware's new service, and to be able to expand its application to new fields such as smart energy, smart infrastructure, and smart cities,” said president of Cognite Japan, Nori Tokusue. Cognite Data Fusion™ integrates and contextualises various forms of industrial data, including images and sensor data collected by drones and robots, enabling industrial companies to easily create digital twin environments. NTT Comware develops and operates operational and business systems for telecommunications infrastructure for the NTT Group. NTT Comware also promotes and supports information and communications technology (ICT) utilisation and digital transformation for other customers by using the know-how accumulated over decades of operation. Smart Data Fusion, provided by NTT Comware, is a service that realises digital transformation (DX) of facility management operations by integrating system information (IT), operational information (OT), 3D data, open data, and more into a digital twin space to analyse and use the data. Cognite Data Fusion™ was adopted as a part of this infrastructure because of its scalability and track record, including its ability to integrate diverse data and withstand increases in data volume. NTT Comware is the first system integrator in Japan to build and provide services using Cognite Data Fusion™. More details at www.cognite.com. -- BERNAMA KUALA LUMPUR, July 29 (Bernama) -- Fastly Inc, a global edge cloud platform provider, has announced beta availability of the Signal Sciences agent on the Fastly edge cloud platform.
This represents a critical milestone toward Fastly’s vision of empowering developers to protect apps and APIs in every environment — cloud, on-premise, hybrid and now at the network edge. According to a statement, with this integration, customers will be able to leverage the powerful signal technology to write and push out rules in real-time to track suspicious requests and block attacks sooner. “Fastly’s large global network, combined with Signal Sciences’ superior signal detection technology, makes it possible for organisations to enable a multi-layer or defence in depth strategy to protect every part of their business, no matter the environment,” said senior vice president of product and marketing at Fastly, Dana Wolf. Through these advancements, customers will be able to access smarter detection capabilities as Fastly’s next-gen WAF offers superior detection capabilities by assessing attack indicators to better define traffic types. It also enables faster, more targeted blocking, whereby the integration will support signal exclusion rules in Signal Sciences’ management console, informed by attack indicators fed through Signal Sciences’ technology, to ensure benign traffic does not get inadvertently blocked. In addition, it will enable a multi-layer defence strategy. Fastly’s next-gen WAF technology, combined with its large scale network, is uniquely designed to absorb the largest DDoS attacks and prevent traffic from slowing down or completely stopping. Fastly expects the edge-based agent for Fastly’s next-gen WAF to be available in production by year-end. -- BERNAMA China’s ZYIC Credit Ratings unchanged following severe rainfall in Henan province - AM Best29/7/2021 KUALA LUMPUR, July 28 -- AM Best has commented that the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of ‘bbb+’ of Zhongyuan Agricultural Insurance Co Ltd (ZYIC) China remain unchanged.
This follows heavy rains that have flooded the province of Henan since July 19, according to the global credit rating agency, news publisher and data analytics provider specialising in the insurance industry, in a statement. This extreme weather disaster, which has affected the central and northern part of the province most severely, has broken meteorological records that stood for the past few decades. ZYIC is a professional agricultural insurer incorporated in Henan province. Its underwriting book contains over 60 per cent crop and livestock insurance, while other lines of business include motor, property, liability, accident and health. Based on the latest information provided by ZYIC, AM Best sees no imminent pressure to the company’s credit fundamentals. However, it is still too early to measure full extent of the damages and losses derived from this weather-related event as rescue work is still underway and claims reporting will take time. AM Best will continue to monitor the development of the event and hold discussions with ZYIC’s management to assess the subsequent implications for its balance sheet strength and operating performance. More details at www.ambest.com. -- BERNAMA NIKKISO CRYOGENIC SERVICES RECOMMISSIONED AIR SEPARATION PLANT IN INDIA FOR CRITICAL OXYGEN SUPPLY28/7/2021 TEMECULA, Calif., July 28 (Bernama-GLOBE NEWSWIRE) -- Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co., Ltd (Japan), is proud to announce they have completed the recommissioning of an Air Separation plant in Patancheru, Hyderabad India. This project was done in coordination with the Telangana government (TEL), and Greenko Foundation (GKO).
Due to the ongoing pandemic crisis in India, the Indian government initiated a directive to restart the operation and LOX production to meet the urgent demands for medical oxygen. GKO has taken the old shut-down Oxygen plant on rental basis from Air Water India Private Limited (AWI) for period of (2) two years. In May 2021, the Group partnered along with GKO in recommissioning of the plant. Nikkiso Cryogenic Services provided critical technical support and spare parts, including nozzle actuators and vibration components, and Nikkiso Cosmodyne India Pvt. Ltd. provided field service support. Critical components which typically take 12-14 weeks were provided in three days to support this urgent request. By June 22nd, the site was fully operational again. “We are proud to have played a role in this fight against COVID, and of the technology and teamwork it took to get this facility up and running in such short time,” according to Jim Estes, President, Nikkiso Cryogenic Services. The Group has been instrumental in providing continuous global support for the critical oxygen supply throughout the COVID epidemic. ABOUT CRYOGENIC INDUSTRIES Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture engineered cryogenic gas processing equipment and small-scale process plants for the liquefied natural gas (LNG), well services and industrial gas industries. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Cosmodyne and Cryoquip and a commonly-controlled group of approximately 20 operating entities. For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com. MEDIA CONTACT: Anna Quigley +1.951.383.3314 [email protected] Source: Cryogenic Industries --BERNAMA |
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