Line Dovärn has been appointed Head of IR for Munters . Line joined Munters in September 2021 as Director of Investor Relations and has over the years been a part of developing and driving the investor relations agenda for the group . She has many years of extensive experience from the financial sector , particularly in investor relations , credit analysis , and treasury management from Swedbank and Nordax Bank . “ Line combines investor relation expertise with in-depth knowledge of our business . Her efforts in ensuring that the financial |
market has a comprehensive understanding of Munters is extremely valuable ,” says Katharina Fischer , CFO and GVP of Munters . “ I am confident in her ability to drive our strategic ambitions forward and make a significant contribution to our continued success .” Line will assume her position as of December 1 , 2024 and report to the CFO . Line will succeed Ann-Sofi Jönsson , who is leaving the company in February 2025 for the position as Head of IR & Sustainability reporting at Electrolux Group . |
Hexonic has announced the next step in its international expansion by establishing a new subsidiary and an assembly plant for gasketed plate heat exchangers in Spain . This move addresses the growing needs of clients in Southwestern Europe and marks a significant milestone in the company ’ s development . The decision to open an assembly plant in Spain underscores Hexonic ’ s commitment to improving logistics and production processes . By operating from this new location , the company can significantly reduce order fulfillment times for clients in Spain , Portugal , and neighbouring countries . The plant will enable |
faster deliveries and better product adaptation to regional requirements , reinforcing Hexonic ’ s position as a trusted supplier in these dynamic markets . The establishment of the Spanish subsidiary aligns with Hexonic ’ s long-term strategy to strengthen its presence in key international markets . This investment is expected to enhance client support and foster enduring business relationships . Hexonic extends gratitude to its partners and clients for their trust and support and remains dedicated to delivering innovative solutions in heat exchange technology . |
McDermott has opened a worldclass welding and technology centre in Dubai ’ s Jebel Ali Freezone . The 4,100 sqm facility , with capacity for 250 personnel , will centralize global pipeline development and qualification expertise , streamlining customer-focused activities . “ This facility solidifies our position as a leader in subsea pipeline fabrication and installation ,” said Mike Sutherland , McDermott ’ s Senior VP , Offshore Middle East . |
“ By centralizing expertise , we can enhance efficiency , reduce costs , and deliver predictable performance for projects worldwide .” The centre offers advanced welding , pipeline coating , non-destructive testing , equipment management , and targeted R & D initiatives . It provides vessel simulation capabilities , including S-Lay and J-Lay setups for horizontal and vertical pipelay , enabling remote |
intervention of McDermott ’ s vessel fleet . These features also support safety training and efficiency improvements through simulated environments . This purpose-built centre will deliver innovative solutions , |
supporting McDermott ’ s global projects and reinforcing its commitment to advancing pipeline technology and project execution . It marks a significant step forward in the company ’ s capabilities . |