Industry News

AkzoNobel Plans to Separate its Specialty Chemicals Business

AkzoNobel NV reviews its plans to separate its specialty chemicals business

Yokohama Acquires Japanese Aichi Tire Industry

Yokohama expands its Commercial Tire Business in Japan by acquiring Aichi Tire Industry

Telrad Networks Launches its New LTE-in-a-Box Technology

Telrad launched its new product called LTE-in-a-Box, that simplifies the fixed LTE operations for facilitating high performance and removing the need of additional LTE core.

Pugh Lubricants and Apollo Oil Enter into a Merger Agreement

Pugh Lubricants has announced the merger with Apollo Oil to launch lubricant distribution company to cater the growing demand of Lubricants

Harley-Davidson to Launch its New Street Rod 750

Premium motorcycle manufacturer to launch its new Street Rod 750 in Indian Market

Zeelink Pipeline Project in Germany Cleared its Regional Planning Assessment

The new German pipeline project will drive the demand for oil & gas pipeline market in Europe.

Safran Launched MorphoFACE Biometric Scanner

Safran Identity and Security unveils new facial biometrics solution, MorphoFACE for security applications

Vinamilk Inaugurates Vietnam’s First Organic Dairy Farm in Central Highlands

Vietnam Dairy Products Joint Stock Company, Vinamilk installed country’s first organic dairy farm in the Central Highlands province of Lam Dong.

Indian Government to Offer Subsidy for MSME’s Deploying Cloud Computing

MSMEs to use common as well as tailor-made IT infrastructure in addition to managed services software

Statoil Discovered Gas in the East of Alve field in Norwegian Sea

The increasing discoveries of proved natural gas reserves will surge the demand for Liquefied Natural Gas (LNG) across the region

Cost of Air Conditioners Go Down Sharply

Prices of premium air conditioners have gone down sharply this summer

Intel to Buys Israel’s Mobileye for USD15 Billion

The renowned IT firm, Intel is about to enter into largest cross border deal with the acquisition of Israeli automotive tech firm Mobileye

Nexeo Solutions To Acquire Ultra Chem in Mexico

Nexeo Solutions, a distributor of plastic material and chemicals, enters into an agreement to acquire Mexico based distributor company, Ultra Chem

Exports Commenced from OPaL’s Dahej Plant to Singapore

ONGC Petro Additions (OPaL) has initiated exports to Singapore and plans to float tenders for future exports of other products to different countries, thereby increasing demand for Naphtha globally.

Government of India to Sanction 100 Cold Chain Projects

Government of India to Sanction 100 Cold Chain Projects

SNC-Lavalin Group Inc. Awarded Contract to Build Ammonia Plant in Oman

SNC-Lavalin Group Inc. signs an agreement with Salalah Methanol (SMC) for the development of liquid ammonia plant in Salalah city in Oman

Michelin Re-launches Defender Tire Range in North America

French tire maker strengthens passenger car tire range with launch of new tires

Rollback on Policy to Add Money on Mobile Wallet Using Credit Card

Customers using Paytm will not pay levy of 2% for recharging their mobile wallet using credit cards.

Linne -Herten Facility of Solvay Obtains EU GMP Certificate

Solvay’s Linne-Herten hydrogen peroxide facility is Good Manufacturing Practice Certified

Bosch is Planning to Invest USD119 Million Over Next Few Years in India

The renowned German multinational auto component manufacturer to invest heavily in India