On 16 February 2017, Standard & Poor’s Global Ratings revised its outlook on Sandvik AB to positive from negative and affirmed its BBB credit rating on Sandvik.
The main reasons behind this revision are the recognised improvements in 2016, including strong cash flow, profitability above previous expectations and strengthened balance sheet.
The positive outlook indicates that the ratings could be raised if Sandvik’s credit metrics improve sustainably, with funds from operations.
Read the article online at: https://www.worldcement.com/europe-cis/17022017/sandviks-global-rating-revised/
WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.
World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.
Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.
There is no shortage of challenges when it comes to any cement silo cleanout project. Mole•Master Services Corporation was contracted to resolve a number of issues at a large cement producer in northeastern Missouri, US.
