Sandvik provides an update on cost measures and savings
As previously communicated Sandvik has initiated measures across the group to mitigate effects from the Covid-19-pandemic, with actions supporting savings both short-term and long-term. Today, Sandvik provides an update on the current status of the cost measures and savings. Temporary short-term actions are progressing according to plan and are expected to generate savings of about 1.5 billion SEK in 2020. Savings from long-term measures, both structural and volume driven, of about 1.2 billion SEK will reach full annual run-rate by the end of 2021. The previous estimate was savings of
Frankenthal (Germany)/Ho Chi Minh City (Vietnam), June 29, 2020 – RKW Vietnam has been awarded the Blue Angel certificate for using at least 80 percent recycled material in its products.The Blue Angel is among the oldest and most highly respected environmental labels for products. The approval process is accompanied by a strict inspection of the products from raw materials to processing and use. "We are very pleased about the Blue Angel certification. It reflects our efforts to make our entire process chain and product life cycle sustainable," says Antony Taing, Site Manager at RKW Vietnam.
