Sandvik

Latest News

Sandvik Divests Distribution Business in Australia and New Zealand

03 September 2014 - Sandvik Materials Technology is divesting its distribution business in Australia and New Zealand to Vulcan Steel Ltd.

Sandvik and Tenaris Sign New Five-Year Strategic Alliance Agreement

22 July 2014 - Sandvik and Tenaris have signed a new five-year strategic alliance agreement on the exclusive joint supply of corrosion-resistant alloy OCTG materials and technology to the oil and gas industry.

2014 World Cup Final Stadium Build is Success with Sandvik Duplex Stainless Steels

12 June 2014 - Crucial roof construction work at the Brazil stadium that will host the 2014 FIFA World Cup Final was completed successfully and on time, due to fast delivery of duplex stainless steels by Sandvik Materials Technology.

Sandvik Implements Initial Phase of Supply Chain Optimization

24 December 2013 - As communicated in September, the Sandvik Group’s supply chain is to be optimized, reducing the number of production units from the current 150 to 125 over the next three to four years.

New Finishing Line Increases Capacity for High-Alloyed Tubes and Bar at Sandvik

04 December 2013 - The culmination of a two-year investment program at Sandvik Materials Technology saw the opening of a new, state-of-the-art finishing line in Sandviken, Sweden, significantly increasing the plant’s capacity for high-alloyed tubes and bar.

New CFO Appointed to Sandvik Group

10 September 2013 - Mats Backman has been appointed executive vice president and CFO of Sandvik and member of the Group Executive Management, effective 1 October 2013.