UPCOMING EXHIBITIONS
IranConMin 2019: 31 Oct – 3 Nov 2019, Tehran
15th International Exhibition for Mines, Mining, Construction Machinery and related Industry and Equipment.
Please visit our stand in Hall 8&9, where we will be promoting our new range of products for 2020.
We look forward to welcoming you!
Mining & Construction
BAUMA attracts more than 620,000 visitors
With more than 620,000 visitors from over 200 countries, BAUMA 2019, the world’s leading trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction equipment, generated the best results in the exhibition’s 65-year history.
Power
Rise in Electricity and Water Tariffs in Iran
A proposal by the Energy Ministry to raise water and electricity tariffs by 7% was ratified by the Cabinet. The new rates will go into effect on April 21. The Energy Ministry says the higher tariffs are aimed at compensating a part of distribution costs and encouraging subscribers to consume less.
ENERGY
DRA Market to Reach USD 2.04 Billion by 2026
According to the current analysis of Reports and Data, the global drag reduction agent (DRA) market was valued at USD 930.4 million in 2018 and is expected to reach USD 2.04 Billion by year 2026, at a CAGR of 10.2%.
The surge in oil & gas exploration activities, the growth of chemical industries and agricultural activities across the globe will be the market’s primary driving factors.
Transportation
Driverless Electric trucks start deliveries
A driverless electric truck began daily freight deliveries on a public road in Sweden on Wednesday, in what developer Einride and logistics customer DB Schenker described as a world first.
“This public road permit is a major milestone … and it is a step to commercializing autonomous technology on roads,” the former Volvo executive told Reuters.