ITP MEDIA GROUP / BUSINESS MAY 2023 • VOLUME 17, ISSUE 05 RENTAL COMPANIES ARE CRUCIAL FOR THE GROWTH OF THE REGION’S CONSTRUCTION SECTOR TOP GCC RENTAL FIRMS IN 2023A WIRTGEN GROUP COMPANY The multi-talent. ASPHALT MIXING PLANT ECO RECYCLING+ > Cold recycling up to 40 % > Hot recycling up to 70 % > REVOC system as an add-on for complying with emissions regulations > Retrofitting possible at any time SUSTAINABLE SOLUTIONS Eco-friendly asphalt production – carbon-neutral, energy-efficient and economical > Reusing asphalt (recycling material) > Storing virgin mineral and recycling material correctly > Using low-temperature asphalt > Electrifying bitumen tanks > Using renewable fuels BENNINGHOVEN · Branch of Wirtgen Mineral Technologies GmbH · Benninghovenstraße 1 · D-54516 Wittlich T: +49 6571 / 6978 0 · www.benninghoven.com PLUG & WORK > Fast installation (assembly and dismantling) > Modular expansion possible > Mobile or stationary foundations – rapid relocation > Pre-configured interfaces HIGH-TECH PLANT POWER > Wide range of mixing capacities 100 – 320 t/h > Hot bin section capacity 17 – 87 t > Mixed material storage silo capacity up to 400 t in 8 bins > Mixed material storage silo installed in line or parallel TRANSPORT CONCEPT > Main components in transport-optimized container dimensions > Simplified, cost-efficient transport worldwide OPERATOR BENEFIT > Ergonomics concept > Health and safety > Maintenance concept Product Update: The Latest on the BENNINGHOVEN ECO Asphalt Mixing Product Update: The Latest on the BENNINGHOVEN ECO Asphalt MixingCONTENTS 03 PLANT / MACHINERY / VEHICLESwww.plantmachineryvehicles.comMAY 2023 24 Tires How Hankook plans to use AI for the entire value chain 42 Product of the month Mammoet is building the world’s largest electric crane MAY 2023 VOLUME 17 • ISSUE 05 10 Cover story Top rental fi rms in the GCC region in 2023 18 Feature Case Construction plans to ramp up production in India 22 Automotive A close look at key factors behind Volvo ’s increased Q1 earning 09 industry update Al Shirawi enterprises signs new dealerhsip agree- mentEDITOR’S LETTER 04 PLANT / MACHINERY / VEHICLESwww.plantmachineryvehicles.comMAY 2023 Digtally empowered growth PO Box 500024, Dubai, UAE Tel: +971 4 444 3000 Web: www.itp.com Offices in Dubai, Abu Dhabi, London & Mumbai ITP MEDIA GROUP CEO Ali Akawi Managing Director Alex Reeve Deputy Managing Director Anil Bhoyrul EDITORIAL Group Editor Kate-Lynne Wolmarans Editor Deepak Sharma deepak.sharma@itp.com +971 4 444 3617 ART Art Director Amjad Ayche Designer Tofiq Memon ADVERTISING Group Commercial Director Anup Nagpurkar Commercial Director Vinay Ravindran vinay.ravindran@itp.com +971 4 444 3155 Sales Manager Saloni Panchal saloni.panchal@itp.com +971 4 444 3205 PHOTOGRAPHY Videographers: Muhammad Kaleem Video Editor: Liju Cheruvathur ITP LIVE General Manager Ahmad Bashour ahmad.bashour@itp.com +971 4 444 3549 PRODUCTION & DISTRIBUTION Production Manager Denny Kollannoor Production Coordinator Manoj Mahadevan Image Editor Emmalyn Robles CIRCULATION Distribution Coordinator Avinash Pereira Circulation Executive Rajesh Pillai MARKETING Director of Awards & Marketing Daniel Fewtrell ITP GROUP CEO Ali Akawi CFO Toby Jay Spencer-Davies Subscribe online at www.itp.com/subscriptions The publishers regret that they cannot accept liability for error or omissions contained in this publication, however caused. The opinions and views contained in this publication are not necessarily those of the publishers. Readers are advised to seek specialist advice before acting on information contained in this publication which is provided for general use and may not be appropriate for the reader’s particular circumstances. The ownership of trademarks is acknowledged. No part of this publication or any part of the contents thereof may be reproduced, stored in a retrieval system or transmitted in any form without the permission of the publishers in writing. An exemption is hereby granted for extracts used for the purpose of fair review. Published by and © 2023 ITP MEDIA GROUP FZ-LLC. There are some hopeful signals as we are approaching mid of 2023, including an improvement in the state of the global supply chain, an increase in demand for a range of goods and services, and the fading threat of a world recession. Due to the region’s governments’ coordinated eff orts to diversify their economies and the stability of global crude prices, which give them the means to advance their economic agenda, the GCC region is quickly establishing itself as a bright spot in the global economy amid all these changes. The construction industry in the GCC region is expected to expand quickly as a result of the region’s governments’ massive investments in the construction of new highways, ports, airports, railway lines, cities, and other crucial infrastructure. This growth also presents an opportunity for the construction equipment providers to expand their product lines in the area. Construction equipment like bulldozers, excavators, graders, scaff olding, crane lorries, work platforms, and cranes are typically rented or leased by equipment providers. Key providers in the construction equipment rental market are also engaging in strategic initiatives such as partnerships, mergers and acquisitions, R&D investments, and new product launches to gain a competitive edge in the industry. Industry insiders argue that the market growth is mainly driven by the rising demand for tech innovations in construction equipment for implementing the latest smart city technologies such as internet of things (IoT), artifi cial intelligence and machine learning, and electromobility into infrastructures. Acknowledging the importance of rental companies in the growth GCC construction sector, which is also the largest employment generator in the region, we are dedicating the current issue to them. For this month’s issue, we have enlisted some of the leading players in the segment. Deepak Sharma Editor PMV Middle EastNew IVECO T-WAY: high productivity and safety on off-road terrains With a complete line-up of AWD and PWD versions and the the 16-speed HI-TRONIX automated gearbox, the IVECO T-WAY features a host of functionalities such as Rocking Mode, Off-road Mode, Creeping Mode and 4 reverse gears to tackle with ease the toughest off-road conditions. The new architecture of the EBS system, combined with disc brakes on all wheels, greatly improves the vehicle’s performance and the driver’s safety in the most demanding applications. New IVECO S-WAY: high technology and efficiency for on-road missions The new IVECO S-WAY, with a completely redesigned and reinforced cab, offers a wide choice of Euro III/V diesel engines, a delivering class-leading power from 360 HP to 560 HP Euro III / 570 HP Euro V and superior fuel-saving devices, such as anti-idling feature, Ecoswitch, Ecoroll and Smart Alternator, 12-speed HI-TRONIX automated transmission with the most advanced technology in its category, electronic clutch and best-in-class torque-to-weight ratio. Drive the new way .L eading articulated haulers and wheel loader manufacturer,Volvo CE has launched the new Volvo R60 rigid hauler for heavy-duty quarrying and mining applications in the Middle East, with a 55-tonne payload and 36 cubic metresbody volume. According to the company, the all-new E-generation Volvo R60 rigid hauler is the perfect partner for heavy-duty quarrying and mining. Built for markets with tier 2-compliant engines and based on the R100E model, the R60 packs a higher payload than the D-generation model it replaces, along with a durable design and new comfort and safety- enhancing features – enabling it to move more for less with every cycle. BIG ON EFFICIENCY Drew Watson, global product manager for the Volvo R60 at Volvo CE, said, “The Volvo R60 off ers a 55-tonne payload and body volume of 36 cubic metres, enabled by a V-shaped VOLVO CE LAUNCHES NEW R60 RIGIG HAULER The new Volvo R60 rigid hauler from Volvo Construction Equipment (Volvo CE) has been designed to get the most out of every working day – to move more for less with a higher payload and greater uptime body ensuring optimum load retention and minimal material carry-back. “The rigid hauler is a perfect match for a 90-tonne excavator and meets the industry standard of 10/10/20 where it can take 10% overload for 10% of the time but should not exceed 20%. To help operators haul the optimum amount of material, an optional On-Board Weighing system provides real- time payload insight to the hauler operator via the on-board display, and can predict the 10/10/20 payload.” Contributing to speedy cycle times, the drivetrain combines high torque capability and high drive axle multiplication to deliver the traction force needed to take on the steepest site gradients. Not only is it productive, but the Volvo R60 is also fuel effi cient. Thanks to Volvo Dynamic Shift Control, gear selection automatically adapts to varying conditions, whilst ECO mode enables the hauler to default to the most effi cient gear shifting schedule. In addition, auto engine-idle INSIGHT 6 PLANT / MACHINERY / VEHICLESwww.plantmachineryvehicles.comMAY 2023shut-down eliminates unnecessary fuel consumption and engine wear. The rigid hauler is available with the Volvo care track telematics system to enable remote machine monitoring and help boost effi ciency even further. What’s more, customers can gain recommendations on the optimum fl eet confi guration and site set-up from their Volvo dealer, with the support of Volvo Site Simulation. STRONG AND DURABLE Designed to deliver high uptime and low operating costs, the R60 is built to last with a 60,000-hour life frame and a list of features that contribute to long-lasting performance and component life, including: • A low center of gravity and balanced weight distribution to provide rock-solid stability and spread the impact of loads and stresses across the machine. • A high-strength, fl exible chassis and responsive MacPherson strut with lower wishbone connection to absorb shocks and vibrations and improve the operator ride. • A V-shaped body, manufactured from high impact and high abrasion resistant steel, with minimal number of panels and welds. • Neutral coast inhibitor and engine overspeed protection to further minimise wear. Servicing of the R60 is required every 500 hours and can be completed swiftly thanks to a straightforward machine design that includes grouped maintenance points located within easy reach either from the ground or the service platform, as well as common-sized bearings throughout. On-board diagnostics provide insights into system pressures and temperatures, and fault reporting to facilitate and speed-up troubleshooting, the company said. COMFORTABLY PRODUCTIVE The Volvo R60 is built with operator comfort and safety top of mind. Operators can enter the cab from both sides using anti-slip steps and walkways. The cab is now pressurised, Roll/Fall- OverProtective Structure-certifi ed (ROPS/ FOPS) and features a left-positioned operator station to aid safe passing. Volvo Smart View is an added option to improve visibility even further with a 360° birds-eye view of the work zone. Ergonomically positioned displays, responsive fi ngertip controls and low-eff ort steering combine to make operation eff ortless. The adjustable air-suspended seat and a Bluetooth- enabled audio system add to operator comfort. The Volvo R60 is equipped with two retardation systems to keep a steady speed and facilitate machine navigation when going downhill, reducing the need for operator input. When manually selected, the transmission retarder slows the drivetrain to limit wheel lock-up, particularly useful on steep declines or in wet conditions. The modulating braking retarder can be automatically activated when the operator’s foot is off the accelerator to maintain a gear selected constant engine speed. INSIGHT 7 PLANT / MACHINERY / VEHICLESwww.plantmachineryvehicles.comMAY 2023L eading crawler crane maker Manitowoc’s plant in Niella Tanaro, Italy has expanded its manufacturing capability to include production of Grove GRT8120 and GRT8100-1 rough-terrain cranes. The plant specialises in building Grove rough-terrain and Potain self-erecting cranes, Manitowoc wrote in a statement. With a wider range of Grove RT cranes now off ered from Niella Tanaro, customers in EMEA can benefi t from locally produced cranes from a facility that embraces lean manufacturing using the principles of ‘The Manitowoc Way’, the statement noted Grove RT cranes produced at the factory share multiple common components to simplify parts support for customers and owners, while making use of locally sourced materials delivers additional effi ciencies. “Expanding this plant’s production lines reaffi rms the strategic position of our factory for customers in the Europe, Middle East, Africa, and Asia-Pacifi c markets,” said Federico Lovera, product manager at the Niella Tanaro plant. NIELLA TANARO PLANT BEGINS PRODUCTION OF GROVE GRT8120 ROUGH-TERRAIN CRANES He said,“Our Niella Tanaro plant continues to strengthen, with new capabilities and enhanced production. The GRT8120 is the largest Grove RT crane ever built at the plant, and we are excited to add it to our production line.” The 120 tonnes capacity Grove GRT8120 off ers some of the most impressive characteristics of any two-axle rough-terrain crane on the market. In addition to a massive lifting capacity, the crane features a seven-section, 60 m MEGAFORMTM boom with a tip height of 80.8 metres when used with the optional jib. It also off ers the option of the MAXbase asymmetrical outrigger system, allowing greater fl exibility on congested jobsites. A wider, full-vision cab with 20° tilt maximises operator comfort and visibility, and the operator further benefi ts from Manitowoc’s Crane Control System (CCS) that includes the Boom Confi gurator mode for simpler set-up and on-board lift planning. The other new RT crane rolling off the production line at Niella Tanaro is the GRT8100-1, which replaces the older GRT8100 in the company’s production off ering. The GRT8100-1 combines the wide cab and carrier of the GRT8120 with the superstructure of the predecessor GRT8100 to deliver a model that off ers improved operation, easier servicing, and added jobsite fl exibility with the MAXbase asymmetrical outrigger positioning. The 100 tonnes capacity GRT8100-1 has a 47 metres main boom, with up to 72.9 metres of maximum tip height available. ABOUT THE COMPANY Manitowoc Company was founded in 1902 and has over a 120-year tradition of providing high-quality, customer-focused products and support services to its markets. Manitowoc is one of the world’s leading providers of engineered lifting solutions. The company,through its wholly-owned subsidiaries, designs, manufactures, markets, and supports comprehensive product lines of mobile hydraulic cranes, lattice-boom crawler cranes, boom trucks, and tower cranes under the Aspen Equipment, Grove, Manitowoc, MGX Equipment Services, National Crane, Potain and Shuttlelift brand names. CRANES 8 PLANT / MACHINERY / VEHICLESwww.plantmachineryvehicles.comMAY 2023A l Shirawi Enterprises -a part of the Oasis Investment Group of Companies - one of the largest manufacturing, engineering, trading, marketing, distribution, contracting and servicing conglomerate in the region has signed a new dealership agreement with the Swedish multinational road equipment manufacturing company – Dynapac, Fayat Group. On behalf of Al Shirawi Enterprises, their CEO Thani Al Shirawi signed the agreement while Thierry Leder, regional general manager MEA of Dynapac signed on behalf of the Swedish fi rm. Speaking about their association with the Swedish fi rm, Thani Al Shirawi Al Shirawi Enterprises, said, “Dynapac is a world leader in road Equipment. “Its reputation is 2nd to none in the industry. It specializes in high tech soil and asphalt rollers, feeders and pavers.” He added, “We’ve been looking for a road equipment partner realising that this was a product range we were missing in our portfolio.” V eolia has bagged the contract to operate and maintain Turkey’s fi rst waste-to- energy plant, which is also the biggest one in Europe, situated in Istanbul. With a processing capacity of approximately 1.1 million tonnes of non-recyclable household waste per year, the plant will allow to save nearly 1.5 million tonnes of carbon emissions per year notably through the production of 560,000 MWh of electricity annually, which is suffi cient to meet the requirement of 1.4 million inhabitants of the metropolis, Veolia wrote in a statement. This is the fi rst installation of its kind in Turkey which aims to decarbonise its waste sector through energy recovery and recycling to avoid the use of landfi ll, which emits more carbon, the statement noted. The project contributes directly to the country’s objective to achieve carbon neutrality by 2053, the company said. This is the fi rst installation of its kind in Turkey which aims to decarbonize its waste AL SHIRAWI ENTERPRISES SIGNS DEALERSHIP AGREEMENT WITH DYNAPAC ROAD EQUIPMENT IN UAE VEOLIA TO OPERATE TURKEY’S FIRST WASTE-TO-ENERGY PRODUCTION SITE He said, Dynapac clearly stands out against the pack when it comes to road equipment. Both of our visions align completely to create complete solutions for our customers supplying the suitable equipment along with exceptional after sales support.” On partnership with the Swedish fi rm, he explained, “Dynapac is a leader in road equipment. We were looking to add road equipments in our portfolio and Dynapac with its high-reputation as best-in class was a natural choice for us” On outlook for the current year, he revealed, behind every thriving economy is a solid, growing infrastructure that includes road networks. The UAE is known for its forethought and is assiduously working to boost connectivity sector through energy recovery and recycling to avoid the use of landfi ll, which emits more carbon. The project contributes directly to the country’s objective to achieve carbon neutrality by 2053. Under the terms of the agreement, Veolia will be responsible for the entire operations and maintenance of the plant, ensuring stringent compliance with the European Union’s environmental standards, improving energy as it moves towards integrating road networks indicating the need for more roads and growth for now and years to come. According to Thierry, “Al Shirawi group fi ts well in our requirement of having a highly reputed organisation in the market. Their strong reputation in after market is also an advantage for us.” effi ciency and reducing utility consumption. Commenting on the agreement, Estelle Brachlianoff , chief executive offi cer of Veolia said, “We are proud to participate in Turkey’s ecological transformation through the operation of the country’s fi rst waste-to-energy plant.” He said, this is an important step forward in the management of waste and energy in the city of Istanbul, in line with the country’s objective of carbon neutrality. Thani Al Shirawi, CEO of Al Shirawi Enterprises and Thierry Leder, regional general manager MEA Dyanapac INDUSTRY UPDATE 9 PLANT / MACHINERY / VEHICLESwww.plantmachineryvehicles.comMAY 2023Next >