SKF News
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...
SKF and NIO expand strategic cooperation
SKF and NIO, a leading premium smart electric vehicle manufacturer have strengthened their strategic cooperation. As part of the agreement, SKF will be a preferred supplier of ceramic ball bearings...
Lubrication system for farm equipment
A new automatic lubrication system from SKF Lincoln helps maintain the performance of farm equipment by increasing chain reliability and reducing chain wear. The OCL-M system, which was developed...
New hybrid deep groove ball bearing for high-speed applications
SKF has developed a new hybrid deep groove ball bearing that is said to enable more power from smaller motors. The high-performance two-piece polymer cage is designed to allow higher rotational...
Pulse meter improves lubrication monitoring
A ‘plug and play’ digital pulse meter from SKF allows real-time monitoring of flow rates, helping operators to reap the benefits of enhanced lubrication control. SKF has developed a new digital...
SKF and Ovako reach milestone in journey towards net zero bearing production
A significant milestone has been reached in SKF’s journey towards a net-zero value chain. Together with Swedish steel producer Ovako, SKF has produced a Spherical Roller Bearing (SRB) with 90% less...
Lubrication system extends chain life
The OCL-M automatic lubrication system from SKF helps maintain the performance of farm machinery throughout the rigours of the harvesting season by reducing chain wear. A new automatic lubrication...
Latest News by Engineering News
PPS highlights good value return to members in challenging 2023
The Professional Provident Society (PPS), the financial services group focused solely on providing customised financial services solutions for graduate professionals in South Africa and Namibia,...
Report questions role of CCUS in steel decarbonisation
A new report by the Institute of Energy Economics and Financial Analysis (IEEFA) has shown that carbon capture use and storage (CCUS) is unlikely to play a major role in steel decarbonisation...
South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions
Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW...