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Valmet to deliver key pulp technology to Nine Dragons in China

Valmet to deliver key pulp technology to Nine Dragons in China
HELSINKI, March 9, 2021 /PRNewswire/ Valmet has received several pulp technology orders from Nine Dragons to its pulp mills in China. The deliveries include fiberlines and core components for recovery boilers and lime kilns. The deliveries will be done in phases and the start-ups are scheduled for 2022 and 2023.
The value of the order will not be disclosed. However, a project of this size and scope is typically valued at around EUR 100 million. The order was included in Valmet s orders received of the fourth quarter 2020.
We at Nine Dragons are developing our production portfolio and building pulp mills to support our new and existing paper machines with high quality raw material. We chose Valmet based on our good previous experiences and the capability to meet our requirements, says ....

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Wai Hung Intends to Build Approximately 1 Million Smart Parking Spaces in Nine Countries in the MiddleEast Countries With Total Contract Sum Reaches Over HK$100 Billion

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HONG KONG, Mar 9, 2021 - (ACN Newswire) - Wai Hung Group Holdings Limited ( Wai Hung or the Group ) (stock code: 3321) is pleased to announce that Wai Hung Hong Construction Engineering Limited ( WHHCE ), an indirect wholly-owned subsidiary of the Company, entered into a Cooperation Agreement with Investment Projects General Trading Company ( IPGT ) today. The Group intends to build facilities for approximately 1 million smart parking spaces and provide relevant construction services for the proposed urban property project in the MiddleEast Countries to be developed with IPGT (the Middle East Project ). The parties shall not cooperate with any third party in providing artificial intelligence garage system in the MiddleEast Countries within the term of the Cooperation Agreement (i.e. 5 years). ....

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After historic whirlwind visit, Pope leaves Iraq for Rome

ABOARD THE PAPAL PLANE (AP) Pope Francis said Monday he weighed the risks of a. ....

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Gold slumps to 9-month trough as yields, dollar erode appeal

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(Reuters) - Gold prices slid 1% on Monday to a nine month-low, as the dollar and U.S. treasury yields continued their march higher and prompted investors to dump the non-yielding metal.
Spot gold fell 0.7% to $1,689.87 per ounce by 1523 GMT, after hitting its lowest since June 8 at $1,683.68 earlier. U.S. gold futures declined 0.9% to $1,683.50.
The dollar climbed to a three-month peak, while the U.S. 10-year Treasury yield held close to a more than one-year high, increasing the opportunity cost of holding gold, which pays no interest.
We have an economy that is recovering and inflation is materializing; that ultimately means that yields have room to move higher, said Bart Melek, head of commodity strategies at TD Securities, adding that gold could fall further towards $1,660 as a result. ....

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Nine Energy: Q4 Earnings Snapshot

HOUSTON (AP) Nine Energy Services Inc. (NINE) on Monday reported a loss of $35.4. ....

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