InEight’s New Time-Phased Budget and Forecast Features Unlock Unprecedented Visibility for Project Controls
Game-changing update to InEight Control will provide enhanced revenue and forecasting tools for improved accuracy and visibility of project progress SCOTTSDALE, Ariz. – May. 24, 2021 – InEight Inc., a global leader in construction project management software, has today introduced a time-phased budget and forecasting feature to InEight Control, that will provide project teams with enhanced connected insights to help ensure construction projects stay on schedule and under budget. With a t...
5 largest oil and gas companies' 2020 revenue drops 30% despite posting $1 trillion in sales
Although the coronavirus pandemic heavily impacted the energy sector in 2020, some of the leading companies under the oil and gas category still posted impressive revenues. However, the companies are yet to hit their pre-pandemic levels as the economic recovery continues. Data acquired by Finbold indicates that the five largest oil and gas companies recorded a cumulative revenue of $1.14 trillion in 2020, representing a loss of about 30.9% or $500 billion from the 2019 figure of $1.65 trillio...
Tall buildings using Dow technology recognized as “Best” by the Council on Tall Buildings and Urban Habitat
MIDLAND, Mich. – At their May 18-20, 2021 Awards Conference, the Council on Tall Buildings and Urban Habitat (CTBUH) recognized six Dow-connected projects as winners in the Best Tall Building category. The CTBUH Awards program[1] honors projects that have made extraordinary contributions to the advancement of tall buildings and the urban environment, and that achieve sustainability at the highest and broadest level. The projects recognized include: Tianjin CTF Finance Centre – Tianjin, C...
Geosynthetic Materials Association (GMA) Announces GeoNashville
The Geosynthetic Materials Association (GMA) of Industrial Fabrics Association International (IFAI) recently announced a new geosynthetics industry event titled GeoNashville 2021: Geotechnical Innovations, Renewed Connections, taking place Nov. 4–5 2021, at the Music City Center in Nashville, TN USA. This event is geared towards all geosynthetics professionals to reconnect, share ideas and see the latest products and applications from exhibitors across the industry. "GeoNashville 2021 is plan...
Skanska renovates historical building complex into luxury hotel in Helsinki, Finland, for EUR 47M, about SEK 480M
Skanska has signed a contract with Ylva to renovate a historical building complex into a high-end hotel in Helsinki, Finland. The contract is worth EUR 47M, about SEK 480M, which will be included in the Nordic order bookings for the second quarter of 2021. The hotel will be part of the Hyatt hotels, and it is the first in the Nordics. The project will combine three separate buildings into a hotel, which encompasses 224 rooms and restaurant spaces, totaling about 21,000 square meters. The h...
Skanska completes preparatory work for a new highway outside Oslo, Norway, for NOK 930M, about SEK 920M
Skanska has signed a contract with the Norwegian Public Roads Administration on preparatory work for a part of the new E18 highway between Fornebukrysset and Strand outside Oslo, Norway. The contract is worth NOK 930M, about SEK 920M, which will be included in the Nordic order bookings for the second quarter 2021. The contract is part of the major project E18 Western Corridor, which consists of a new main highway system between Lysaker in Bærum and Drengsrud in Asker municipality. The new E18...
Hybrid Sandwich Wall Element: Sustainable and Efficient Construction
Hybrid construction offers construction companies more sustainable way of building without changing the current way of construction. Metsä Wood and its partners have designed a hybrid sandwich wall element which will renew offsite construction. The innovation combines concrete with Kerto® LVL (laminated veneer lumber). The first construction project to use the elements is Metsä Fibre’s Rauma sawmill. The need for more sustainable solutions is acute, because construction causes 30% of all CO2...
BYD Offers Information Assistance with RAISE Grants
LOS ANGELES, Calif. – The U.S. Secretary of Transportation recently announced that $1 billion will be available through the competitive Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program. BYD stands ready to assist with application information. RAISE, formerly known as BUILD and TIGER, now includes funding opportunities for projects addressing climate change, including energy storage solutions, electric buses and trucks, and the planning and construction of electr...
Snam, RINA and the GIVA Group: the world’s first test with a 30% natural gas/hydrogen blend in steel forging
The mix was used to power furnaces at the Rho plant of Forgiatura A. Vienna (GIVA Group) Milan – The world’s first test of a 30% natural gas/hydrogen blend in the forging processes used in industrial steelmaking was held in Rho (province of Milan), at the Forgiatura A. Vienna plant. The trial involved the use of the hydrogen/gas mix to heat the furnaces of the Forgiatura A. Vienna plant and was successfully carried out on site after a series of studies and laboratory tests lasting about a...
Asia spearheads global refinery FCCU capacity additions through 2025, reveals GlobalData
Asia is expected to register the highest refinery fluid catalytic cracking units (FCCU) capacity additions globally during 2021 to 2025, contributing about 56% of the total capacity additions by 2025, says GlobalData, a leading data, and analytics company. GlobalData’s report, ‘Global Refinery Fluid Catalytic Cracking Units (FCCU) Outlook to 2025 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Fluid Catalytic Cracking Units’, reveals that Asia is likely t...