SKF News
SBTi approves SKF’s near- and long-term science-based emissions reduction targets
SKF has received validation of its Scope 1, 2 and 3 emissions reduction targets from the Science Based Target initiative (SBTi). The SBTi has verified SKF’s net-zero target by 2050, validating both...
The SKF Circular Economy Centre has secured a new customer on the strength of its capabilities in bringing deliverables that combine optimised operations and cost savings with environmental...
Efficient lubrication management with SKF smart lubrication solutions
“The fundamental role that lubrication plays in machine and equipment reliability and lifecycle cannot be overstated,” notes Amine Benna, Sales Manager for SKF, Morocco. “Customers using...
A TLSD System 24 automatic lubrication solution installed by SKF authorised distributor, Bolt and Engineering (B.E.D.) Distributors Group, has substantially improved the bearing life of vibrator...
SKF prediction model development successfully audited by DNV
The SKF Generalized Bearing Life Model (GBLM) concept and the process leading to extensions of its applicability to special bearing design features and materials has been successfully audited by...
SKF magnetic bearings enable more sustainable production of compressed air
SKF’s magnetic bearings, which can rotate at up to 50,000 rpm are now playing a key role in reducing CO2 emissions across a range of industrial applications, including compressors. SKF’s magnetic...
SKF issues its second Green Bond; raises EUR 400 million to finance green investments
SKF has issued its second Green Bond, which will raise EUR 400 million to fund eligible green projects in accordance with the Group’s Green Finance Framework. The Bond further connects SKF’s...
Bearings company completes acquisition
National industrial supplies specialist Bearings 2000 has acquired bearings and power transmission supplier MCL Engineering Products – based in Gqeberha, in the Eastern Cape. The acquisition, which...
Latest News by Engineering News
Gautrain Management Agency chief speaks on extension plans, service enhancements
The Gautrain Management Agency (GMA) is re-engineering the company for full commercialisation while undertaking extension plans and pursuing enhancements for the Gautrain system, with many of these...
Eskom to implement Nersa-approved electricity price increase from April 1
Power utility Eskom has confirmed that it will implement electricity price increases, as approved by the National Energy Regulator of South Africa (Nersa), from April 1. The utility in October 2023...
Petrol prices to increase by more than 65c/ℓ, diesel by 3c/ℓ on April 3
Prices for 93-octane petrol will increase by 65c/ℓ and 95-octane petrol by 67c/ℓ, while 0.05% sulphur diesel will increase by 3c/ℓ and 0.005% sulphur diesel by less than 2c/ℓ from April 3, the...