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Partnership Statement: Siemens Shares End Trading Day Red: Siemens Continues to Work with New Partner on Pyrolysis Systems – 50 Additional Locomotives Delivered to Amtrek | news

As announced by the companies, they have signed a partnership agreement. Siemens wants to use its digitization and automation portfolio to technologically and economically promote, optimize and scale Pyrum Innovations’ pyrolysis systems, whose technology is used to recycle old tires.

Siemens will deliver another 50 locomotives to Amtrek

As announced by the DAX group, Siemens Mobility will deliver another 50 electric locomotives to Amtrak. The order follows the first order for 75 copies in 2018. Valued at nearly $ 2 billion, Siemens said the contract includes the original $ 850 million contract and includes the manufacturing contract and the service contract to long term for technical support, parts and supplies.

The Siemens stake loses 1.97 percent via XETRA to 99.54 euros.

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