BASF’s MEYCO Equipment unit and Sandvik Mining and Construction have signed an agreement on global co-operation in the fields of tunneling and mining. In a first step they have agreed to initiate co-operation in the service and maintenance of machines for sprayed concrete. Meyco says “the full scope of the agreement will be communicated in the latter part of 2009.”
BASF is the world’s leading chemical company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. BASF’s high-value products and intelligent system solutions helps customers find answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of €62 billion in 2008 and had approximately 97,000 employees at year-end.
BASF’s Construction Chemicals division is the leading supplier of chemical systems and formulations for the construction industry. It prides itself on its continuous innovation and tailor-made solutions. In the MEYCO Underground Construction unit, international tunnelling and mining specialists work closely with contractors, design engineers and mining houses around the globe. State-of-the-art MEYCO technologies and services form complete packages to solve underground engineering problems, safely and cost and time effectively. The division operates production sites and sales centres in more than 50 countries and achieved sales of €2.2 billion with approximately 7,700 employees in 2008.
Sandvik is a global industrial group with advanced products and world-leading positions in selected areas – tools for metal cutting, machinery and tools for rock excavation, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. The Group had at the end of 2008 about 50,000 employees and representation in 130 countries, with annual sales of more than SEK 93,000 M.
Sandvik Mining and Construction is a business area within the Sandvik Group and a leading global supplier of machinery, cemented-carbide tools, service and technical solutions for the excavation and sizing of rock and minerals in the mining and construction industries. Annual sales 2008 amounted to about SEK 38,700 M, with approximately 16,800 employees.
