Siemens Group Industrial Solutions and Services (I&S) of Germany and Komatsu of Japan have formed an alliance to jointly develop electric drive systems for large-volume dumptrucks. Komatsu is a market leader for diesel-electric haul trucks in open pit mines.
Hydraulic Centre is optimistic of retaining its strong market share in the hydraulic systems market of Saudi Arabia and extending its reach into newer markets within the kingdom over the next couple of months.