R/€ = 16.71 Change: -0.01
R/$ = 13.78 Change: 0.00
Au 1862.34 $/oz Change: 3.78
Pt 1160.00 $/oz Change: 13.50


Rickard Gustafson appointed President and CEO

By: Creamer Media Reporter      11th February 2021 The Board of AB SKF has appointed Rickard Gustafson as new President and CEO. Rickard Gustafson will succeed Alrik Danielson and join SKF during the first half of 2021. Rickard Gustafson is currently the President and CEO of the SAS Group. Before joining SAS ten years ago, Rickard Gustafson was... 

SKF targets full carbon-neutral manufacturing by 2030

By: Marleny Arnoldi     31st July 2020 Bearing manufacturer SKF is aiming to have its factories carbon neutral by 2030, the Swedish group has announced. The company has already decreased its manufacturing carbon footprint by 36% since 2015 and is operating two carbon-neutral factories.  

Automated Machine Learning is the Rising Star of AI-Driven Industrial Analytics

By: Creamer Media Reporter      10th July 2020 At SKF AI, we want to make AI-Driven Industrial Analytics and its benefits to process accessible to all manufacturers, no matter how many data scientists they have on staff. To that end, our SKF Enlight AI maintenance 4.0 solution is built on Automated Machine Learning (AutoML). Freddy Hernandez,... 

SKF appoints new Southern Africa MD

By: Donna Slater     19th May 2020 Boksburg-based bearings, seals and lubrication systems company SKF Southern Africa has appointed Burak Özyurt as its new MD, with immediate effect. After working for Turkish household appliances company Arcelik (known locally as Defy), he joined SKF in 2012 as an application engineer in Turkey... 

SKF collaborates with wireless specialist LumenRadio to enhance automated machine monitoring

By: Creamer Media Reporter      12th May 2020 By collaborating with wireless specialist LumenRadio, SKF has developed a new wireless sensor as part of a condition monitoring system for improving rotating equipment performance programs on a scale previously considered uneconomic. LumenRadio began in areas such as professional lighting, its... 

Better data collection from hazardous areas

By: Creamer Media Reporter      5th May 2020 A sensor that monitors rotating equipment performance is now certified for use in hazardous areas, extending condition monitoring into new applications and industries.  SKF has gained hazardous area approval for its QuickCollect sensor, which collects vibration and temperature data. The new... 

Rolling roads with advanced bearing technology

By: Creamer Media Reporter      23rd April 2020 Bearings, although buried deep within the vehicle, are on the front line in contributing to drivetrain efficiencies and delivering reliability for automotive manufacturers. Thomas M. Wolf, Application Engineering Master, power train and electrical, explains how EV drivetrains are placing new... 

SKF takes steps to reduce impact of initiatives from authorities and customers

By: Creamer Media Reporter      22nd April 2020 The industries and regions in which SKF operates are being impacted by initiatives by authorities and SKF’s customers related to the spread of the Covid-19 virus. As a result of this significant level of uncertainty, SKF is taking major steps to reduce the impact of the situation on its... 

Speeding up design of bearing arrangements

By: Creamer Media Reporter      6th February 2020 Designers can now design complex bearing arrangements more quickly and easily, thanks to a simplified version of powerful simulation software from SKF. Bearings are a fundamental part of any machine: designing the moving parts properly can mean the difference between an efficient machine and one... 

Visual inspection made easy with SKF’s stroboscopes

By: Creamer Media Reporter      30th January 2020 A range of hand-held, easy-to-use stroboscopes that enables the visual inspection of rotating equipment to be carried out in an economic and timely fashion has been unveiled by SKF. All rotating equipment needs to be inspected periodically to ensure that it is working correctly. Sylvain Humbert,... 

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