Industry News

Saudi Aramco Acquires Novomer’s Polyol Business

Saudi Aramco has acquired the polyol business and associated technologies from Novomer Inc. for around USD100 Million

Samsung to Open Air Conditioner Sales Subsidiary in Netherlands

Samsung Establishes New European Sales Office for Air Conditioner in Amsterdam

48 EV Charging Networks to be Established in 35 U.S. states

Rising adoption of electric vehicles to drive the global electric vehicle infrastructure market in the near future

Cradlepoint to Provide Traffic Management System to San Antonio City

San Antonio city to scale up its traffic management system by partnering with Cradlepoint

Renault Planning to Open New Plant in Pakistan

As per the government of the country, the French car maker is planning to open plant in Pakistan by 2018

Dundee Precious Metals Opens New Sulphuric Acid Plant in Tsumeb

Sulphuric Acid Plant opened in Tsumeb is a part of new business venture of Dundee Precious Metals

Odisha Government Approves Gitanjali Gems Industrial Park

The state government has given an approval to the company for establishing Gems and jewelry industrial park.

New North Sea Oil find Discovery in Two Separate Fault Blocks

Growing exploration and production activities in UK, is expected to drive the global industrial valves market

Mobiwik Partnered with IRCTC for Online Ticket Booking

IRCTC to use Mobiwik payment facility for tatkal booking under digital India initiative

CSPC Takes Over the Ownership of CNOOC’s Ethylene Cracker Plant in China

50:50 joint venture of Shell Nanhai B.V. (Shell) and China National Offshore Oil Corporation (CNOOC) obtains government approval to set up an ethylene cracker plant in the ongoing petrochemical complex.

Parle Enters in the Luxury Chocolate Segment by Launching Friberg Brand

Confectionery and Biscuit manufacturer Parle products is launching luxury chocolates in India.

BGR Energy Signs USD389.95 million Contract for 800 MW Plant in Tamil Nadu

The agreement was signed for Balance of Plant (BoP) works with state-run Tamil Nadu Generation and Distribution Corporation Ltd (TANGEDCO).

Prodways Entered into Strategic Partnership with A.Schulman

The business pact between the two companies is intended towards developing 3D printing powders and building faster means for industrial applications

Goodyear Set to Expand its Tire Factory in China

Goodyear breaks ground for expansion of its factory based in China

INEOS Styrolution Announces Acquisition of K-Resin SBC Business

INEOS Styrolution signed an agreement to buy K-Resin styrene-butadiene copolymers (SBC) business unit of Chevron Phillips and Daelim Industrial

Dabur to Acquire Personal Care Firm in South Africa

Dabur plans to acquire CTL group of South Africa, for around USD15 million

Power Farmers to Produce Solar Energy in Uttarakhand

UREDA has nominated 200 individual farmers to set up solar projects in the state

BT Partnered with Trapx Security to Provide Deception Technology to its Customers

Trapx based Deception technology to minimise risk of malicious attack for BT customers

Pirelli Expands Tire Portfolio in North America Region

Pirelli introduces new product for North America by launching P Zero range

ExxonMobil Corporation’s Aviation Lubricants Facility Begins Production

The company’s new plant in the United States begins production aviation lubricants powered by Mobil Jet Technology