SKF Wins SEK 1.2b Agreement for Wind Industries

Source: www.gulfoilandgas.com 5/23/2014, Location: South America

SKF announced it has secured a long-term agreement (LTA) for around SEK 1.2 billion for Kaydon slewing ring bearings from a major wind turbine manufacturer providing solutions to the North American and Brazilian wind segments.

Tom Johnstone, SKF President and CEO stated, “We are delighted to sign this agreement. It reinforces SKF’s commitment to support developing industries, such as renewable energy, and key customers’ strategies as they expand their businesses globally.” He added, “This is also a great example of the sales synergies that SKF expected to achieve with the Kaydon acquisition.”

SKF acquired Kaydon Corporation in end of 2013. Kaydon is a diversified industrial manufacturer within three areas: friction control products (bearings), velocity control products and specialty products, including environmental services. Kaydon’s product offering is highly complementary with SKF's product portfolio within the wind segment and has enabled SKF to expand its offering to its customers worldwide.

“Although we initiated the negotiations for this LTA before we were acquired by SKF, the expansion of our global footprint in combination with SKF was a key factor in being awarded this contract. Our complete solution offering can help make wind energy more efficient and cost-effective by increasing reliability, reducing required maintenance, and extending operational life.” said Stephen Curtis, Director, Renewable Energy Business for Kaydon Bearings.


France >>  8/12/2022 - DEME Offshore has successfully installed the offshore substation of the Fécamp offshore wind farm, deploying ‘Orion’, the newest member of the DEME fl...
Germany >>  8/12/2022 - Keppel Corporation Limited (Keppel Corporation or together with its subsidiary, the Group) and Keppel Infrastructure Fund Management Pte Ltd (KIFM), t...

Germany >>  8/12/2022 - - The manufacture of these parts will require 800 jobs and the participation of some 30 local suppliers.
- With a capacity of 476 MW, Baltic Eag...

India >>  8/12/2022 - Siemens Gamesa has secured its first order in India with Azure Power India Private Limited (Azure Power) to supply 96 SG 3.6-145 wind turbines for a 3...

Japan >>  8/12/2022 - The opening ceremony for Eurus Kamikatsu-Kamiyama Wind Farm, which Eurus Group has been constructing in Tokushima Prefecture, in the vicinity of Kamik...
Australia >>  8/11/2022 - A landmark CEFC investment to support the Southern Downs Renewable Energy Zone (REZ) will help develop critical transmission and grid infrastructure t...

Related Categories: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 

Related Articles: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.