Hexagon | February 22, 2022
Hexagon AB, a global leader in digital reality solutions combining sensor, software and autonomous technologies, announced a strategic partnership agreement with The Hydrogen Utility Pty Ltd (H2U), a leading Australian hydrogen infrastructure developer, to deliver best-in-class digital asset management solutions in support of the global green hydrogen revolution. The partnership brings together Hexagon's deep expertise in integrating industrial facility digital ecosystems with H2U's green hydrogen and green ammonia proprietary plant designs.
The ability to create engineering and operational digital twins, aligned to emerging global standards for information management, is critical to supporting the rapid deployment scenarios required for green hydrogen to deliver deep decarbonisation in the industrial and energy sectors. Hexagon's PPM division will support H2U with an integrated digital twin platform, which will manage every stage of the asset lifecycle—from engineering and design through finance, construction and operation—to improve efficiency and reduce risk.
Hexagon's solutions will be implemented across H2U's planned pipeline of high-quality industrial green hydrogen infrastructure initiatives in Australia and New Zealand, leading to new industrial energy assets that drive economic growth and long-term sustainable impact. The pipeline includes first of their kind projects already underway in Australia—the Eyre Peninsula Gateway project in South Australia and the H2-Hub Gladstone project in Queensland, leading to new industrial energy assets that drive economic growth and long-term sustainable impact.
"We're proud to partner with H2U to create meaningful impact in the world's energy transformation with the move to cost-effective green hydrogen production. Our solutions will provide a common environment to manage seamless and effective collaboration across H2U's technology partner ecosystem, The partnership also provides a strategic collaboration opportunity for R-evolution, our business venture focused on running profit-driven green-tech projects where Hexagon's technology can be applied. The collaboration with H2U will help accelerate global proliferation of the full breadth of our hydrogen offerings."
-Hexagon President and CEO Ola Rollén
For further information, please contact:
Maria Luthström, Head of Sustainability and Investor Relations, Hexagon AB, +46 8 601 26 27, firstname.lastname@example.org
Kristin Christensen, Chief Marketing Officer, Hexagon AB, +1 404 554 0972, email@example.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/hexagon/r/hexagon-announces-strategic-partnership-with-h2u-to-digit
Neenah Enterprises | July 21, 2021
Neenah Enterprises, Inc., one of America's largest independent foundry companies, announced today that it has signed an agreement to sell the Advanced Cast Products (ACP) business in Meadville, Pennsylvania, and the Neenah Foundry heavy truck business to Grede, a leading producer of the highly engineered cast and machined iron components headquartered in Southfield, Michigan. The agreement's terms were not disclosed. The transaction is expected to close in the third quarter of 2021, pending a final agreement.
The sale includes approximately 250 ACP employees, who will become Grede employees once the transaction is completed. Employees of Neenah Foundry or any other affiliates other than ACP in Meadville are not included in the sale.
The sale of ACP and the heavy truck business is part of NEI's focused strategy to grow the Company's Infrastructure business, potential new lines, equipment, and upgrades, and maintain a more targeted Industrial business with customers in the agricultural, construction, defense, material handling, and mining industries. Focusing on these more stable markets is critical to its long-term strategy, enabling it to better match capacity to demand and minimize volatility.
About Neenah Enterprises, Inc.
Neenah Enterprises, Inc. is one of North America's most comprehensive infrastructure and industrial manufacturers and one of the largest independent foundry companies. The infrastructure sector and the agricultural, construction, defense, material handling, and mining industries are served by the company. NEI produces gray and ductile iron castings. Manhole covers and frames, drainage gates, and cast-iron trenches are among the company's most recognizable products, which can be seen on roads and airport runways across the United States and worldwide. NEI presently has operations in the United States, including Advanced Cast Products in Meadville, Pennsylvania; Deeter Foundry in Lincoln, Nebraska; Neenah Foundry in Neenah, Wisconsin; Morgan's Welding in Myerstown, Pennsylvania; and Reliance Foundry in Surrey, British Columbia. NEI's dedicated professionals have provided technical solutions to complex issues for our customers and communities for over 150 years.
Audubon Engineering Company | June 03, 2022
Shell Offshore Inc., a subsidiary of Shell plc, has signed a three-year contract with Audubon Engineering Company LP (Audubon), a leading provider of engineering, procurement, construction, and fabrication services, to provide brownfield engineering and procurement (EP) services for Shell's Mars Corridor.
The contract includes some of Shell's offshore assets in the U.S. Gulf of Mexico, including the Mars, Olympus, Ursa, and Vito tension leg platforms, and has two one-year extension options. The water depths in this deep-water portfolio range between 3,000 and 4,000 feet (914 to 1,200 meters).
Topside engineering and procurement services are included in the contract, which includes single-well subsea tiebacks, crane, lifeboat, and HVAC replacements, controls, firewater system, and utility upgrades, gas-lift installation, and prefabricated skid packages.
The contract will be carried out by Audubon's strong local operating centers in New Orleans, Louisiana, and Houston, Texas. This deal builds on the company's history of providing Shell with integrated engineering and technical services.
We’re delighted that Shell has selected Audubon to be its contractor for these assets. We are committed to driving value and efficiency for Shell to further enhance and extend productivity across its assets in the Mars Corridor.”
Ryan Hanemann, President of Audubon Engineering Company
He further added, “Audubon is proud of our accomplishments in the GOM region, and this contract award further positions our business for growth and continued delivery in the area.”