[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-sandvik-lists-sandvik-materials-technology-separately":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$fR4DoeVRVekscO3pYCsJIt6KjRPIynjtNlytHFj6IDMg":167,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":173,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$flyRSpjhyVE29pqjd-DzWtoRwNGPXrTq6WJDGSvhczcc":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},199,"Sandvik Lists Sandvik Materials Technology Separately","sandvik-lists-sandvik-materials-technology-separately","Sandvik announces plans to spin off Sandvik Materials Technology as an independent entity, targeting a 2022 Nasdaq Stockholm listing.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FOctober2020\u002F34731_af5d7bb8ff56ce78.gif\" alt=\"\">Sandvik Board of Directors has decided that following the completion of the internal separation of Sandvik Materials Technology (SMT), Sandvik will proceed with the preparation to distribute SMT to Sandvik’s shareholders and list the company’s shares on the Nasdaq Stockholm Exchange.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">The Board intends to propose the distribution and listing of the SMT shares at a shareholders’ meeting in 2022, provided that the circumstances are deemed right at the time. The intended distribution of shares is expected to meet the Lex Asea requirements and is subject to approval by Sandvik’s shareholders.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">“The Board believes that both Sandvik and Sandvik Materials Technology can develop more favorably on their own. Both Sandvik and SMT are well positioned within their areas and we believe this will improve long-term shareholder value. However, a listing should be done when circumstances are favorable,” says Johan Molin, Chairman of the Sandvik Board of Directors.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">“Sandvik Materials Technology is leading in its field, I am convinced that this is the right direction for SMT and for Sandvik,” says Stefan Widing, President and CEO of Sandvik.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">“I am very pleased with that the Sandvik Board of Directors has taken this decision today. It is an important step towards an exciting future,” says Göran Björkman, President, Sandvik Materials Technology.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">For more information: \u003Cstrong>www.home.sandvik\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FOctober2020\u002FYWdI7cCFjWNQXYsKPCWT.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FOctober2020\u002FYWdI7cCFjWNQXYsKPCWT.jpg","2020-10-17T06:47:28+05:30","MWM Desk","News",0,"Sandvik plans to spin off its Materials Technology division to operate as a separate, publicly traded entity.\nThe proposed distribution of SMT shares is subject to shareholder approval and favorable market conditions in 2022.\nLeadership expects the separation to drive long-term growth and value for both Sandvik and the new independent SMT.","Big news in the industrial sector: The Sandvik Board of Directors has officially announced plans to separate Sandvik Materials Technology (SMT) into an independent, publicly traded company. By listing SMT on the Nasdaq Stockholm Exchange, the leadership team aims to streamline operations and unlock greater long-term value for shareholders. This strategic pivot reflects a growing trend of corporate decoupling to foster specialized growth and innovation within the exhibition and manufacturing supply chains. As we follow this development, it is clear that 2022 will be a transformative year for both organizations. Stay tuned to MagicWand Media for more updates on this significant market shift. #Sandvik #CorporateSpinOff #IndustrialManufacturing","Sandvik announces plans to spin off its Materials Technology division, targeting a listing on the Nasdaq Stockholm Exchange in 2022. A major strategic shift for the industrial sector. #Sandvik #BusinessNews","Big moves in the industrial world! 🏗️ Sandvik has officially announced plans to spin off its Materials Technology (SMT) division into an independent, publicly traded company. Targeting a 2022 listing on the Nasdaq Stockholm Exchange, this move is all about driving long-term growth and focusing on specialized industry strengths. It’s an exciting chapter ahead for both the core Sandvik business and the new SMT entity. We’ll be keeping a close eye on this transition as it unfolds next year! 📈 What do you think about this major corporate shift? Let us know below! #Sandvik #SMT #ManufacturingNews #StockExchange #BusinessStrategy #IndustryTrends #CorporateNews",{"title":6,"description":8,"keywords":21},"sandvik, sandvik materials technology, smt, corporate spin-off, nasdaq stockholm, business news, industrial manufacturing, shareholder value, trade industry, stock exchange",{"title":23,"slug":24,"imageUrl":25},"NMDC shows Promising Growth in September 2020","nmdc-shows-promising-growth-in-september-2020","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FOctober2020\u002FTeGu37eyM2nli7VXF76s.png",{"title":27,"slug":28,"imageUrl":29},"India’s First Online Buying Platform for Non-Ferrous Metals Launched by HZL","indias-first-online-buying-platform-for-non-ferrous-metals-launched-by-hzl","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FOctober2020\u002F93F5g7aMiiQd6qjS26Wn.png",{"data":31,"links":104,"meta":109},[32,38,44,50,56,62,68,74,80,86,92,98],{"title":33,"slug":34,"excerpt":35,"imageUrl":36,"publishedAt":37,"author":13,"category":14},"Epsilon Carbon Commissions New Specialty Carbon Facility in Karnataka","epsilon-carbon-commissions-new-specialty-carbon-facility-in-karnataka","Epsilon Carbon doubles its specialty carbon capacity to 600,000 TPA with a new Industry 4.0 facility in Karnataka, boosting global supply.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fepsilon-carbon-commissions-new-specialty-carbon-facility-in-karnataka-3v5tep.JPG","2026-08-14T01:52:18+05:30",{"title":39,"slug":40,"excerpt":41,"imageUrl":42,"publishedAt":43,"author":13,"category":14},"Essar Marks 15 Years of Stanlow Ownership and Investment","essar-marks-15-years-of-stanlow-ownership-and-investment","Essar celebrates 15 years at the Stanlow Manufacturing Complex, unveiling a £4.3B investment strategy for hydrogen and data centers.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fessar-marks-15-years-of-stanlow-ownership-and-investment-g9GAeC.jpeg","2026-08-08T02:00:45+05:30",{"title":45,"slug":46,"excerpt":47,"imageUrl":48,"publishedAt":49,"author":13,"category":14},"Advait Energy Transitions, Manipal Energy Infratech Team Up for Integrated Energy Projects","advait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects","Advait Energy Transitions and Manipal Energy Infratech partner to accelerate global energy projects in renewables, BESS, and green hydrogen.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fadvait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects-EnSOlA.jpg","2026-08-08T01:45:01+05:30",{"title":51,"slug":52,"excerpt":53,"imageUrl":54,"publishedAt":55,"author":13,"category":14},"ANCA Ushers in New Leadership with Edmund Boland as Group CEO","anca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo","ANCA appoints Edmund Boland as new Group CEO effective August 2026, marking a strategic new chapter in CNC grinding and automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fanca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo-LaVelo.png","2026-08-08T01:39:43+05:30",{"title":57,"slug":58,"excerpt":59,"imageUrl":60,"publishedAt":61,"author":13,"category":14},"Schaeffler India Strengthens Leadership with Amit Bhalerao as COO","schaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo","Schaeffler India appoints Amit Bhalerao as COO to lead manufacturing strategy, digital transformation, and operational excellence.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fschaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo-s7tsd7.jpg","2026-08-08T01:33:13+05:30",{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},"KAS Group Brings G Sivakumar Onboard to Lead Manufacturing","kas-group-brings-g-sivakumar-onboard-to-lead-manufacturing","KAS Group appoints manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30",{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-8MqjMh.jpg","2026-07-31T02:38:13+05:30",{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-ddwpfh.jpg","2026-07-31T02:17:58+05:30",{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":99,"slug":100,"excerpt":101,"imageUrl":102,"publishedAt":103,"author":13,"category":14},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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