Sandvik announced in mid-March that it plans to merge its Mining and Construction operations into one business area to be known as Sandvik Mining and Rock Technology. Sandvik’s mining product portfolio includes rock drilling, rock cutting, rock crushing, loading and hauling, and materials handling equipment.
Sandvik said the new Mining and Rock Technology group will be organized in a decentralized business model with separate product areas based on the product offering. Each product area will have full responsibility and accountability for its respective business.
“Products developed for the customer segments mining and construction are based on common technologies with a similar aftermarket offering. In addition, manufacturing units are already largely shared with to some extent shared front-line resources. By joining the operations into one business area, we achieve a leaner and more efficient structure. The decentralized business model enables an even clearer focus and faster response to our customers,” said Björn Rosengren, Sandvik’s president and CEO.
The new structure will take effect on July 1. Lars Engström, currently president of Sandvik Mining, will become president of the new business area.
Partnering With Schenk
The reorganization announcement follows an announcement made roughly two weeks earlier that Sandvik Mining and Schenck Process had signed a global partnership agreement. The partnership provides increased crushing circuit productivity for Schenck Process double- and single-deck, high-capacity multi-slope screens and Sandvik cone crushers. The partnership agreement, according to Sandvik, enables a single service provider approach to support customers throughout the entire plant life cycle.
“This partnership agreement allows our customers to raise their overall crushing and screening plant productivity by focusing on process efficiency in its entirety, as opposed to individual pieces of equipment,” said Mary Verschuer, president, Minerals & Metals, Schenck Process Group.
“Midtier miners are often looking for a system solution across the crushing circuit, and with this partnership they will benefit from the best solutions from Sandvik and Schenck Process product lines in a single offering.”
The agreement covers new crushing and screening plants and replacements.
“In terms of replacements, Sandvik’s high-productivity cone crushers and Schenck Process’ high-capacity multislope screens have a compact footprint, thus allowing for cost effective upgrades using existing infrastructure; 20%-30% productivity increases can be achieved within the existing infrastructure,” noted Jonas Olsson, vice president, Crushing and Screening, for Sandvik Mining.
Further details of the restructuring will be provided in May, according to Sandvik.