Wednesday, October 5, 2022

Ticker Tape - Equipment

L&T and Kemroc ink pact to distribute latter’s cutting-edge products in India

Larsen & Toubro, the leading Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, and Kemroc, a global manufacturer of attachments for excavators and backhoe loaders, have entered into a distribution agreement that will facilitate Kemroc products to be distributed and promoted in the Indian market by L&T.

The agreement to this effect was signed by Vivek Hajela, Vice-President and Head-CEB, L&T and Klaus Ertmar, Managing Director, Kemroc recently in Bengaluru in the presence of Arvind K. Garg, Executive Vice-President & Head, L&T Construction & Mining Machinery.

The agreement covers Kemroc-developed special attachments including its patented EK series of Chain Cutters. These chain cutters are a game changer in rock trenching and are well accepted across the world, including India.

Kemroc was originally founded during 2012 in Germany by Klaus Ertmer, who introduced in 2017, a new series of efficient Chain Cutters, Drum Cutters, Cutter Wheels, Pile Cutters, Trenchers, Patch Planners and Drilling Augurs with applications covering trench excavation, tunnel excavation, foundation excavation, quarrying, demolition of old structures, drilling holes, road works, asphalt milling as well as under-water excavation.

This strategic partnership will enable L&T to expand its product offerings and provide comprehensive solutions to the customers in the Construction Industry in India. L&T is already offering special attachments such as Crusher Bucket, Rock Breakers, Quick Couplers, Demolition Tools and Piling Solutions with tie-ups from international brands such as Komatsu, Sandvik and Movax.

L&T team received the initial order for Kemroc KRL110 Pile Cutter attachment for job-work at IOC site in Paradip-Odisha.




Doosan launches new DX-7 excavator range

Doosan Infracore Europe has unveiled its new range of DX-7 crawler and wheeled excavators, with upgrades ranging from operator comfort, power and efficiency and worksite safety.

10 new models completes Doosan’s DX-7 excavator range

The company introduced a number of machines from the 10-model medium excavator range, which runs from 14 to 25 tonnes.

The company gave an overview of the DX140LCR-7, the most compact of the new line-up, describing its Stage V-compliant D34 engine, articulated boom, with optimised features for urban utility work.

The machine also has a new cab design, with DAB audio system, plus keyless start and remote control door locking/unlocking.

Many of these new features are echoed throughout the range, including a tiltrotator mode, with optimised settings for the increasingly-popular attachment.

Mid-range machines

Doosan next introduced the DX225LC-7 and DX225-7X models, within the 23-25 tonne class.

In these machines, digging force and stability have been enhanced to improve productivity and efficiency, while the D-Ecopower feature promises to improve productivity, with reduced fuel consumption and smoother control.

During the virtual event, Doosan said the 7X model was full of “new smart solutions”, including fully-electronic hydraulics, machine guidance and control, 2D Grade Assist technology and an onboard weighing system to increase the accuracy of production.

Onboard technology also includes Fine Swing, to improve controllability, and a Virtual Wall feature – a workable range that can be set by the operator to increase safety.

3D Grade Assist for use with tiltrotators is said to be coming soon for the 7X, and will be fully compatible with tech firm Trimble’s 3D machine control system.

Quarrying and mining machines

At the top of the size class, Doosan introduced the DX490-7 and the 530LC-7, with new features including a seat with heating and cooling capabilities.

Retractable tracks on these machines combine enhanced stability and easy transportation, while the company says the digging force improvements make these machines the best in their class for quarrying and mining applications.

Optional extras for the bigger excavators include an ultrasonic detection system – enhancing safety and giving operators a clear all-round view of the worksite – plus an intelligent floating boom and an auto greasing system.

DX-7 range overview

Doosan Infracore Europe’s VP of sales and marketing, Gilles Bendaoud, talked about the safety improvements on the new range, saying, “With exceptional 360-degree cameras, to give full visibility around the excavators, linked with ultrasonic object detection, our excavators are safer than ever, allowing operators to focus on their job and minimising the risk of accident.”

In terms of efficiency, he said, “Our new smart hydraulic system provides, thanks to a priority valve, optimal flow to the attachment, when both the arm and the attachment are working simultaneously, resulting in 30% better work efficiency.”

On the DX-7 machines’ sustainability credentials, he said, “We have increased fuel efficiency with our latest Stage V-compliant engines. In addition, with an improved combustion system, reducing particle emissions, we have increased the lifetime of the diesel particulate filter, with no maintenance required until 8,000 hours.”



Caterpillar releases new hydraulic excavators

Caterpillar has launched the new 320 GX and 323 GX excavators in Asia, South America, Africa and the Middle East.

The OEM says that the new excavators feature “classic Cat D Series quality” coupled with modern upgrades, such as a high-performance hydraulic system and modern controls.

320 GX and 323 GX excavators are designed to meet a range of customer needs, from maximum productivity, low cost-per-ton operation, lower fuel consumption and reduced maintenance costs.

The 320 GX and 323 GX are reported to be up to 15% more fuel efficient than the 320D2 GC and 320D2 L in similar applications.

The new excavators feature grease sealed between track pins and bushings to deliver reliable undercarriage operation.

Multiple bucket designs and capacities are available to meet contractors’ specific application need. Customers in certain regions can equip the buckets with optional Advansys tips that retain sharpness longer and can be quickly changed using a lug wrench.

Standard Product Link telematics improves efficiency by automatically and accurately collecting machine information, including location, hours, fuel usage, idle time, maintenance alerts, diagnostic codes, and machine health – all viewable online through web and mobile applications.




Klemm releases new compact class drilling rig

German equipment manufacturer Klemm Bohrtechnik has launched the KR 800-3G, the latest drill rig in its compact class product range.

Klemm Bohrtechnik KR 800-3G

With an operating weight of 9 tonnes and an on-board diesel engine, the company says the KR 800-3G is the lightest and smallest model in the Klemm 800 series. With a total width of only 1.80m, an adjustable mast for different stroke lengths, and the option of mounting various rotary heads or hydraulic drifters - for both single and double-head drilling – the company believes the KR 800-3G meets the wide range of the requirements of drilling in confined spaces.

Using the remote-control unit with display, Klemm says the drill operator can always assume a safe working position around the drilling rig. The high functional safety of the control concept ensures that operator safety is provided in accordance with the requirements of EN 16228. In addition, a separating device for protection against moving parts in the work process can be provided. The 100 kW diesel engine complies with EU V and Tier 4f emissions standards. A version with EU IIIA emissions standard (90 kW power class) is also available.



Goodyear, Monolith sign agreement for carbon black production

Goodyear has signed a collaboration agreement and letter of intent with Monolith for the development and potential use of carbon black produced from methane and/or biomethane for tires.

New carbon black process could reduce environmental impact of tires across life cycle

The carbon black is produced using a plasma-based methane pyrolysis process which is intended to advance Goodyear’s work to identify and use more sustainable materials.

Typically, carbon black is produced in a process involving the combustion of residual oil or coal tar oil.

Carbon black is a key ingredient in tires, providing tire compounds with added strength, tear resistance and abrasion resistance.

Monolith is described as a world leader in clean hydrogen and materials production. The plasma-based process used to produce the carbon black uses electricity from renewable sources and results only in the output of carbon and hydrogen.

A life cycle assessment completed for Monolith shows the plasma-based process should result in environmental benefits across the life cycle, including a reduction in carbon emissions, compared to traditional carbon black.

In addition, the life cycle assessment shows that this technology has the potential for a carbon-neutral to carbon-negative impact, based on increased utilization of biomethane feedstock versus natural gas in the future.



Boels orders 600 Atlas Copco compressors

An E-Air compressor from Atlas Copco Portable Air.

Boels Rental has placed an order for more than 600 portable compressors from Atlas Copco Portable Air, including Stage V diesel units and E-Air VSD electric mobile compressors.

Adding to Boels’ emission-free equipment offering, the E-Air VSD compressors are plug-and-play, electric-powered compressors for working in low emission zones.

“The absence of diesel emissions, combined with the low noise levels (as low as 61dB(A) – comparable to the sound level of a normal conversation), make the E-Air range the perfect match for companies committed to sustainability,” Atlas Copco said in a statement.

In early 2021 Boels stated its mission to become “the largest provider of zero-emission equipment in the rental sector.”

It is understood Boels, which has been a key account for Atlas Copco for more than 20 years, is consolidating equipment purchasing for the whole group centrally via its headquarters in Sittard, the Netherlands.

The group places large equipment orders every three to four years, and this latest order also follows a smaller one for handheld pneumatic equipment from Atlas Copco’s Portable Air Division earlier in 2021.



Kohler’s Big Move In Small Engines

Kohler is making a big move in the global market for small engines.

Kohler has unveiled a new range of small diesel engines for mobile and stationary applications. The Kohler Small Displacement (KSD) engines will be available globally in naturally aspirated, turbocharged and turbocharged charge-air cooled versions.

Aiming to provide flexibility for both mobile and stationary applications, the company has unveiled a new range of compact diesel engines that will be offered in naturally aspirated, turbocharged and turbocharged charge-air cooled versions to meet exhaust emissions regulations in the U.S. and EU, as well as new emissions norms in India (Bharat Stage 5 in 2024), China (Stage 4/Stage 5), Japan and Korea

The Kohler Small Displacement (KSD) engines are three-cylinder engines with bore and stroke dimensions of 81 x 90 mm and an overall displacement of 1.391 L. The naturally aspirated models will offer ratings of 18.4 kW (24.6 hp) at 2200 rpm, with maximum torque of 90 Nm (66 lb. ft.) at 1800 rpm.

The turbocharged engines will have the same maximum horsepower, with torque rising to 105 Nm (77 lb. ft.) at 1500 rpm while the turbocharged and charge-air cooled engines will see torque top out at 120 Nm (88.5 lb. ft.) at 1400 rpm.

The KSD will also be available at launch with EU Stage 5 and EPA Tier 4 final generator set ratings. For the 50 Hz markets, standby power ratings will be 13 kW (17.4 hp), 16.5 kW (22.1 hp) and 18.8 kW (25.2 hp), while prime power ratings are 11.7 kW, 14.9 kW and 17.1 kW. All 50 Hz ratings are at 1500 rpm.

For the 60 Hz markets, standby ratings are 17kW and 18.4 kW, while prime ratings are 16.2 kW, 16.7 kW and 18.4 kW, all at 1800 rpm.

Clean sheet design

The new KSD engines are intended to eventually succeed the existing Kohler KDW series engines. The KSD engines are a completely new design that was heavily influenced by Kohler’s OEM customers. “With this engine, we had a lot of early conversations and we partnered with some of our OEMs and got input from them even before the design,” said Jeff Wilke, Industry Channel Manager – Engines at Kohler. “It’s a clean sheet design like the KDI engines and our targets were best-in-class performance, total cost of ownership – we know that’s a focus for our customers these days – heavy-duty design and unique technical solutions.

The KSD engines incorporate an electronically controlled indirect injection (IDI) system in which fuel is delivered into a pre-chamber where it is mixed with air and ignited before passing into the combustion chamber where the combustion cycle is completed. The system uses low pressure (250 bar/3600 psi) fuel injectors based on gasoline direct injection (GDI) technology.

The fuel system is designed to provide precise fuel metering and strong load response, along with good performance at altitude. The control electronics also allow for prognostics, diagnostics, and remote monitoring, as well as integration with other machine systems through CAN J1939 communications networks.

Compact dimensions

Kohler said the KSD engine is designed to fit in the same application envelope where 1.1 L engines are currently used - thus providing a drop-in replacement to competitive engines - while still delivering the horsepower and torque performance of a 1.7 L engine.

“It’s almost 1.4 L, however, it’s in the package size of a 1.1 L engine,” said Wilke. “It’s very compact,” with length, width and height dimensions of 505 x 409 x 605 mm (19.88 x 16.1 x 23.8 in.) for the naturally aspirated engines and 505 x 450 x 652 (19.88 x 17.7 x 25.6 in.) for the turbocharged engines. The weight ranges from 95 kg (209.4 lb.) for the naturally aspirated engines and 106 kg (233.7 lb.) for the turbocharged models.

Drop-in features

The drop-in capability of the KSD engines is also enabled by features such as:

A fully adjustable cooling fan mount, allowing three different fan positions and eliminating any radiator repositioning in the application.

A dual side service capability, allowing the oil filter, dipstick and fuel filter to be located on either side of the engine.

A third power-takeoff (PTO), available, as well as a non-PTO option.

Standard 500-hour oil change interval with 1000-hours available for select applications.

Kohler plans to begin production of the KSD engines at its Aurangabad, India, facility in October of 2022. The company also has plans to develop spark-ignited versions of the KSD engine that will be capable of operating on gasoline, natural gas and LPG. Those engines, currently expected to launch in the 2025 timeframe, will also be available in naturally aspirated (23.2 to 27.6 kW/31 to 37 hp) and turbocharged (35 to 37 kW/47 to 49.6 hp) models.




Bobcat shows T35.130SLP telehandler

Doosan has shown the Bobcat T35.130SLP telehandler at the recent Smopyc 2021 trade show held in Zaragoza, Spain.

Bobcat T35.130SLP (left) at the Smopyc 2021 trade show

Doosan has shown the Bobcat T35.130SLP telehandler at the recent Smopyc 2021 trade show held in Zaragoza, Spain.

Part of the R-Series range of telehandlers, the new model is powered by the Bobcat D34 Stage 5 engine.

In addition, the machine features a newly-configured transmission which is said to Part of the R-Series range of telehandlers, the new model is powered by the Bobcat D34 Stage 5 engine.

In addition, the machine features a newly-configured transmission which is said to deliver improved smoothness of operation, allowing better control of jobs carried out at maximum extension.

Operations are also facilitated by the Boom Positioning System, a new, ‘ultra-precise’ joystick and an inching function.

The T35.130SLP is also said to have optimum weight distribution, with or without compact stabilisers. This also allows operators to work at maximum heights with heavy loads.



Case releases details of 2022 tractors

Case Maxxum 145 CVXDrive loader

Case has released details covering changes to its tractor ranges for the 2022 model year.

The standard wheelbase Case IH Puma 140-175 tractors are now available with power outputs ranging from 155 to 200 hp. Variants using the CVXDrive have had a series of transmission upgrades to improve the shuttle and acceleration/deceleration behaviour, achieved through newly-enhanced pedal sensitivity.

As with the Puma range, the six-cylinder Maxxum tractors also feature improved acceleration/deceleration response and pedal sensitivity. The tractors offer power ranging from 115 to 150 hp, delivered via a ‘clever’ CVT system. This top power figure is a five horsepower gain over the four-cylinder Maxxum 145.

The Case IH Farmall C range now has four variants, featuring power outputs from 90 to 117 hp. All tractors use the new Stage 5-compliant, four-cylinder 3.6 L engine from FPT. This has a larger displacement and four valves per cylinder to deliver up to 10% more torque at lower engine speeds (1,300 rpm).

The 3.6 L engines use the new FPT HI-eSCR2 exhaust treatment system, which integrates a diesel oxidation catalyst, a maintenance-free particulate filter and a selective catalyst reduction unit. Even with the addition of this hardware, engine size has been maintained to support ground clearance and manoeuvrability.

The Farmall C tractors also feature the Active Drive 2 transmission, with powershuttle and powerclutch. This has 24 gears (forward and reverse), and optional cruise control and creep speeds. There are also front and rear axle electro-hydraulic differential locks, electronic draft control, a 64-litre/min hydraulic pump, three-speed PTO and optional front linkage.




Hiab launches new super heavy loader crane

Hiab, part of Cargotec, has launched a new 110 tonne metre super heavy loader crane, the HIAB iQ.1188 HiPro.

The crane comes with the company’s new control system SPACEevo

The crane comes with the company’s new control system SPACEevo and its CombiDrive 4 remote control, which it says delivers new productivity and safety benefits. The HIAB iQ. 1188 HiPro is the largest Hiab crane to date with a long reach and high lifting capacity, but still lightweight in a compact package, the company says. It is similar in size to a 90 tonne metre range model. The company says this means it can be installed easily on 4 axle vehicles and still leaves room for payload, as well as reducing costs and fuel consumption. The performance to weight ratio is achieved by the new V12-Power boom profiles. The HIAB iQ.1188 HiPro is the first in the iQ. range that will set a new standard for precise manoeuvres and high speeds, and personalised settings to improve productivity.



Sandvik launches third generation impact crusher

Sandvik Mobile Crushers and Screens has launched its new 3-Series equipment line, starting with the release of the third generation QI353 impact crusher.

The third-generation Q1353 is a mid-sized tracked machine that has been designed for the recycling and contractor sectors.

Sandvik QI353 mobile impact crusher

It can process up to 400 t of material an hour and includes PRISEC crushing technology, which enables it to be used of both primary and secondary applications.

Sandvik said: “Its feed arrangement includes a new feed hopper with curved heavy-duty sides for greater capacity and tapered feed arrangement to reduce blockages and ensure continuous crushing. It also features a new pan feeder with geared drive and a larger pre-screen with improved access to replace media.”

At the core of the QI353 is a new mid-size Prisec impact crusher, which boasts the largest feed opening 1,170 x 730 mm (46 x 29 in) and largest rotor diameter 1,150 mm (45 in) within its class, for higher capacity & greater energy efficiency,” said the manufacturer. Adjustable apron curtains and tip speed ensure a wide range of product gradations can be achieved. Also, all plant conveyors have larger discharge heights for increased stockpiling capacity. According to Sandvik, the mobile machine is “particularly useful for contractors who change jobs frequently” and has been designed for easy operator use. It features an automated control system that incorporates the manufacturer’s new Optik interface. Optik comprises a colour display that integrates troubleshooting, diagnostic and support capabilities, as well as the My Fleet telematics system.

Unlike the manufacturer’s second generation models, the 3-Series QI353 has been equipped with a new access platform located under the feeder and pre-screen, and a three-sided 270-degree service and maintenance platform. The 3-Series model is available with optional belt scales for tph (tonnes per hour) monitoring of fines and stockpile conveyors. Fitted to the machine’s conveyor, the scales allow productivity data to be displayed on the main user interface. The QI353 also comes factory ready to accept Sandvik’s new HS323 hanging screen module, which enables operators to use the crusher in an open or closed circuit. Sandvik said: “The HS323 enhancements include; prepared to accept belt scales for tph monitoring on fines and stockpile conveyor belts, subframe enhanced for improved screen media access and tensioning and an updated mid-size stockpile conveyor.”

“The unique design enables set-up in less than 30 minutes and can be fitted without the use of additional lifting equipment.

It added: “The patent pending hanging screen option delivers multi-functionality as a one, two or three-way split screener, as well as a highly productive and efficient impact crusher.”



Escorts Construction Equipment sold 312 machines in November 2021

Escorts Ltd. Construction Equipment Segment (ECE) in November 2021 sold 312 machines against 417 machines sold in November 2020, a drop of 25.2 percent year-on-year.

Steep increase in Commodity prices & rental rates still remains a concern for the retail customers and this seems to be a major reason in postponement of order finalisation. South markets remain in stress due to the extended monsoons and the delay in mobilisation of projects.




EVEY receives LOA for 100 Electric Buses

Evey Trans Private Limited (EVEY) has received Letter of Award from one of the State Transport Corporations for 100 Electric Buses under FAME-II scheme of Government of India.

This order for supply of 100 Electric Buses is on Gross Cost Contract (GCC) / OPEX model basis for a period of 12 years (Contract Period). Value of this Contract is approximately Rs.140 Crores to the Company.

EVEY shall procure these buses from Olectra Greentech Limited (“Olectra / Company”) and which shall be delivered over a period of 12 months. Maintenance of these buses shall also be undertaken by the Olectra during the Contract Period. These transactions between the Company and EVEY are to be considered as related party transactions and shall be at arm’s length basis.

With these, total order book of Olectra for electric buses against above and earlier orders are around 1,530 electric buses after considering the deliveries already made.




Case wins Cemex supplier contract

Case Construction Equipment has been selected as a supplier for a tender with building materials company CEMEX.

This deal secures cooperation between the two brands, seeing Cemex complete a large purchase of Case machines that offer reduced fuel consumption for multiple markets across Europe, including, France, Spain, Czech Republic, Poland, Germany and the UK.

 Cemex will complete a major purchase of Case machines for several markets in Europe.

Having recently been awarded a share of the tender, Case has already delivered the first tranche of machines has already to France, with subsequent machines being delivered in the coming weeks.

The order will see the following machines delivered to Cemex sites across Europe:

2x 1650M dozers, 2x 580ST backhoe loaders, 1x1121G and 2x 521G wheel loaders to France

2x 821G wheel loaders to Spain

2x 821G wheel loaders to Poland

1x 621G wheel loader to the Czech Republic

1x 1021G wheel loader to Germany

1x 621G and 1x 821G wheel loaders and 1x 580ST backhoe loaders to the UK.



Cat’s latest mini hydraulic excavators

Cat has introduced two new mini hydraulic excavators that are claimed to offer increased power and performance along with lower operating costs, for the markets of North America, Europe, Australia and New Zealand.

The Cat 305 CR - features include extended filter service life.

The new 304 and 305 CR models are the final machines to be reengineered to Cat’s “next generation” mini hydraulic excavator design. The 4-tonne Cat 304, and 5-tonne Cat 305 CR mini hydraulic excavators are designed to “deliver more power to the pumps, higher bucket breakout forces and deeper standard digging depths to increase performance by up to 20% over their E2 series counterparts,” according to Cat.

Features include extended filter service life, common componentry throughout and flat, easy-to-replace side panels. The manufacturer said the units deliver up to 10% lower owner and operating costs.

The 304 machine has a narrow, 1700-mm (66.9-in) track width, 254 mm (10 in) slimmer than its predecssor the 304 E2.

Cat said the design also increases performance, balance and stability in the 4-tonne class model, supported by a reduced radius and extra counterweight option.

Meanwhile the new engine on the 5-tonne class Cat 305 CR “delivers nearly 9% greater power to increase machine performance.”

Hydraulic system improvements provide higher breakout forces – 49.2 kN (11,061 lbf) bucket, 28.3 kN (6,362 lbf) standard stick and 25.2 kN (5,665 lbf) long stick – to improve digging efficiency in hard rock applications. It also offers 140 mm (5.6 in) deeper dig depths than the 305 E2, giving it more application flexibility. Its compact radius swing reduces overhang when working to the side, while its 1980-mm (78-in) track width and new extra counterweight option help to optimise stability and lift performance in confined spaces.

Both models now feature an angle dozer blade option for flexibility in backfilling and finish grading applications, which offers “ample above- and below-grade travel with standard float function for easy clean-up.”

The blade moves 45 degrees left or right of centre, with movement controlled by the right-hand joystick, while the left joystick handles machine drive.

Interchangeable counterweight packages are on offer, and the Cat Stick Steer System allows the operator to switch from conventional lever/foot-pedal steering controls to low-effort joystick operation. Two travel speed ranges and standard cruise control facilitate moving around the jobsite with minimum operator interaction.

Cat said the turbocharged Cat C1.7 Turbo engine delivers higher power than the previous C2.4 engine and meets U.S. EPA Tier 4 Final and EU Stage V emission standards.

Auto idle, auto engine shutdown and load-sensing hydraulics with a variable displacement pump are designed to lower fuel usage at the site for affordable operation. Both machines feature a sealed and pressurised cab enclosure with heating and/or air conditioning for all-weather climate control.



World’s first trial of remote control high-lift wheeled loader

The world’s first trial of a remote-controlled High-lift wheeled loader over a 5G network in a complex forestry application has been carried out by Volvo Construction Equipment (Volvo CE).

The Remote Timber research project is a collaboration between Volvo CE and the telecom operator, timber and paper manufacturer SCA, Mid University Sweden, Skogforsk and Biometria.

The tests at SCA’s timber terminal in Sweden have demonstrated that it is possible to tele-operate a Volvo L180 High-lift wheel loader, hundreds of km away.

Using a closed 5G network with low latency allowed operators to perform the sensitive process of picking, loading and organizing logs remotely. Tele-operated forestry is expected to deliver improved productivity by allowing one operator to work across multiple – and sometimes isolated – sites around the world. It is also expected to make it both safer, by removing humans from potentially hazardous environments, and more sustainable, through more efficient logistics flows as the loading and unloading of timber can also be done during the night.

Christian Spjutare, advanced engineering program manager, Volvo CE, said, “We expect tele-operation to open up far greater opportunities for operators than is currently available. Sometimes it can be difficult to hire people in timber terminals because of their remote locations.

“Tele-operation allows people to work from any location, no matter the distance, making it a more desirable work setting, with the added advantage of more efficient and sustainable work logistics.”

Volvo CE added that an important aim of the research project is to explore exactly what is required from an operator perspective in making tele-operation a user-friendly and efficient experience. The OEM is exploring the potential for tele-operation across a variety of segments, from mining to urban construction, with this project testing the technology in its most challenging application yet.



Kubota to invest over Rs.9,400 crore in Escorts to become a majority promoter

In an intricate deal, the Japanese tractor major Kubota Corporation will invest up to Rs 9400 crore to become the majority stakeholder in India’s fourth-largest tractor maker. After consummating the complex three-tier deal, Kubota Corporation’s stake will increase to 53.5% from the current holding of 9%. After consummating the complex three-tier deal, Kubota Corporation’s stake will increase to 53.5% from the current holding of 9%.

In a statement to the Bombay Stock Exchange, Escorts stated that Kubota stake would be increased through the two tranches. In the first tranche, Escorts will give preferential allotment to Kubota at Rs.2000 per share, infusing Rs.1870 crore. In addition, Kubota will make an open offer at a preferential allotment price of Rs.7500 crore. The current promoter Nanda family holdings continue to remain unchanged after the transaction at 11.6%. The entire process of preferential allotment and open offer is expected to complete by March 2022.

JM Financial acted as the financial advisor, Transaction Square acted as the transaction advisor, and DMD Advocates acted as the legal advisor to Escorts Limited. After completing the transaction, Kubota Agricultural Machinery India and Escorts Kubota India are to be merged with Escorts.

Explaining the strategic rationale, the statement from Escorts stated that the deal would create one of the largest Indo-Japan agriculture collaborations to attain global leadership in the Farm Equipment Sector.

Escorts will be the exclusive vehicle for the manufacture and sale of certain products in India and for sourcing from India (existing and products to be jointly developed in future. The Indian tractor maker will also house a major R&D and Innovation Centre to offer products and new alternative technologies. It aims to seamlessly integrate Kubota’s global reach and business processes with Escorts’ proven frugal engineering and manufacturing capabilities.

Post the deal, Kubota will provide affordable and accessible tractors, utilizing Escorts’ know-how, and Kubota’s decades-old product development knowledge will help the latter improve its quality and productivity in the R&D, procurement and manufacturing functions. One of the biggest areas where Kubota will leverage Escorts capabilities is its distribution and service reach, allowing both the partners to expand the product portfolio ranging from high-performance tractors to basic tractors and the geographical reach. The Japanese tractor maker will consider developing and manufacturing basic combine harvesters and construction machinery targeting India, and other emerging markets post the deal. Experts say the Kubota takeover is positive for Escorts, resulting in technology/new product support for Agri and Construction Equipment divisions. Exports can also receive a boost because of the widening product portfolio and utilization of the global Kubota distribution network.



Komatsu expands hydraulic breaker range

Equipment manufacturer Komatsu has introduced its JMHB-V breaker series to help customers’ impact energy and performance in a variety of demolition applications.

The 100% hydraulic-fired V-series breakers modulate their impact force and frequency with up to 16 working positions to match most application’s requirements.

Designed to help maximise productivity while helping lower cost per tonne, the breakers are also fitted with an innovative energy-saving recovery valve that recuperates energy to drive efficiency.

Depending on the application’s hardness, V-series breakers automatically select the best piston stroke length and speed. By adjusting to either hard material, with long and powerful strokes, or to softer material, with shorter, faster strokes, the breakers can achieve high production output, with little wasted impact energy.

Standard features include automatic greasing, advanced blank firing protection, swivel hose couplings and heavy-duty housing.

The shock-dampening systems in the form of upper and lower suspensions are said to help reduce the risk of cracking excavator booms and breaker housings, while the mounted standard automatic lubrication feature helps guard against contamination caused by dust and debris.

Inspection kits are included with gauges to measure wear on all critical components.

Additionally, these breakers are backed by the Komatsu North America Attachment Division, a dedicated hydraulic attachments sales and service team that supports Komatsu distributors.


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