Industry News

AkzoNobel Completes Expansion of Organic Peroxides Business

AkzoNobel has concluded the development of organic peroxides production facility in Mexico.

Yokohama Rubber Plans to Acquire Aichi Tire Industry Co., Ltd.

Japan based tire company, Yokohama, set to acquire domestic industrial tire manufacturer

Microsoft and Qualcomm Back Israel’s Cybersecurity Firm, Team8

US-based Microsoft and Qualcomm invest in an Israel based cybersecurity firm

Goa to Achieve Total LED Street Lighting by May 2017

The state is planning to replace its conventional street lights with LEDs

The launch of electric vehicles to drive the EV infrastructure market

The launch of microbus as electric vehicle by Volkswagen is a big boost for electric vehicle infrastructure market

LyondellBasell Retains the Possession of it’s Houston Refinery

LyondelBasell has decided not to sell its Houston refinery factory operations

Google’s Waymo Plans Expansion of Autonomous Minivans

US multinational Google in collaboration with Fiat Chrysler Automobiles adds autonomous minivans to their existing fleet

Panasonic Introduced Next-Gen Head Up Display for Automotive Industry

Panasonic unveiled its Next Generation Vehicle Display System with Augmented Reality Technology

LNG Exports on Rise, US to become net energy exporter by 2026

The rise in export of LNG and simultaneous fall in import of petroleum products will help U.S.A to become an energy independent nation.

LG India is foraying into high end, energy-efficient ACs

LG Electronics India is exiting the regular split air-conditioners, which run on fixed speed compressors and is focusing on premium inverter split air-conditioners

Atlanta Takes Over Solvay’s Formulated Resins Business

Atlanta AG completes the acquisition of formulated resins business of Solvay S.A.

NVidia to Join Audi for Autonomous Cars Technology

NVidia partners with Audi to implement Artificial Intelligence for Autonomous cars

Synaptics Introduces Multi -Factor Biometric Fusion Engine

Synaptics to launch a Biometric Fusion Engine combining fingerprint and facial expression

ONGC Videsh Ltd Won Rights to Bid for Oil & Gas Development Projects in Iran

Oil field services in Iran is forecast to grow after National Iranian Oil Corp(NIOC) gave rights to many companies to bid for their oil & gas development projects

Organic Valley Expands its Organic Farmers Membership

America’s largest cooperation of organic farmers and one of the leading organic brands in the world will grow to a size of 2,000 farmer owners

Evonik Industries AG Completes Acquisition of Air Products

Evonik Industries AG has completed the acquisition of Specialty Additives Business of Air Products

Exide Invested USD43.8 Million to Expand its Plant Capacity

Exide Industries Limited plans to manufacture advanced motorcycle batteries at its plant in Haldia, West Bengal

Innospec Completes Acquisition of European Surfactant Business of Huntsman

Innospec Inc. has accomplished the European Surfactant Business of Huntsman Corporation

Thane Municipal Corporation to install air purifiers

District’s Municipal Corporation to install air purifiers at chronic traffic junctions

L&T Hydrocarbon Engineering-led consortium won two EPCI contracts from Saudi Aramco

The increasing investment in Engineering, Procurement, Construction and Installation (EPCI) in oil & gas field will boost the demand for industrial valve market in Saudi Arabia