Industry News

Celanese Discontinues Production of Monomethylamine at Cangrejera

Celanese, the manufacturer of chemical solutions and specialty materials, has discontinued the production of Monomethylamine(MMA) at Cangrejera facility in Mexico

Honda Two-wheelers to Double Pre-Owned Outlets to 200 by 2018

Honda Motorcycle & Scooter India has opened 100th Best Deal outlet in India

Key Petroleum is planning to Take 40% Stake in North Perth Basin in Australia from Pilot Energy Ltd.

Initiatives taken by oil & gas companies will help to increase the pace of oil and gas drilling and production activities in Australia

Amazon to Push Sales of Household and Grocery Essentials

Amazon has started a pilot project called Amazon pantry in order to push the sale of households and grocery items

Atlas Copco Completes the Acquisition of Vacuum Pumps Business Unit of Oerlikon

Atlas Copco received all the regulatory approvals to complete the buyout of vacuum pumps business unit of Oerlikon

Daimler to Set up Second Plant in Hungary for Mercedes-Benz

German carmaker Daimler to build Mercedes-Benz plant in Hungary for the second time

Moose Toys Introduced Low Cost 3D Printer for Kids

Moose Toys, an Australia based toy company released low cost 3D printer

Kesoram Industries to Invest in Tire Business to Strengthen its Position in India

Kesoram industries will invest up to USD89.5 million as its capital expenditure plan in 2016-17

The Two Major IoT Standards - OCF and the Thread Group to Officially Partner Up

Both the companies intend to zero down to a common level for the software application and services.

LJOW Launches New Age Luxury Metal 'Lumineux Uno'

The international jewelry association 'Leading Jewelers of the World (LJOW), has launched a new age precious metal in India called “Lumineux Uno”.

Akzo Nobel Acquires 100% Stake in Egypt's Akzo Nobel Powder Coatings

Akzo Nobel increases its stake from 60% to 100% in Egypt based Akzo Nobel Powder Coatings SAE

South Africans to Begin Biometric Authentication of Card Payment

South Africa to be the first country to authenticate payment process through biometric

Bharat Heavy Electricals Ltd.’s Engineering & Central Services Division Commissioned a New Cryogenic Air Separation Plant in Bhopal.

BHEL moves to captive supply of industrial gases including oxygen and nitrogen which would surge the demand for air separation units in India

Myntra Acquires Jabong

Flipkart’s subsidiary Myntra acquired Jabong for USD70 million

PolyOne Acquires Composites and Polystrand Businesses from Gordon Holdings

PolyOne adds high performance solution and reinforced thermoplastic composites business to its existing thermoset composite solutions portfolio

Shanghai Huayi Group Co., to set up a Tire Plant in Thailand

Chinese group to establish tire plant in Thailand in a joint venture

The United Kingdom Oil & Gas Authority (OGA) Launched 29th Offshore Licensing round with ‘Innovate License’ Concept

Increased oil & gas activities in the UK continental shelf would propel the growth of global natural gas compressor market

Mackeeper Entered into Partnership with Cujo to Protect Smart Homes from Threat

Kromtech Alliance Corp., the parent company of Mackeeper and Cujo, entered into a partnership to provide the Cujo devices among the customers.

Auction of Offshore Oil & Gas Reserve in the US Would Promulgate the Upstream Activity in Oil & Gas Sector

Increasing focus on oil & gas production would drive the market for oil & gas accumulator in the US

TDIC to Grant USD100 Million Contract for Saadiyat Project

TDIC declares that it will award the main construction contract for Jawaher Saadiyat to Al Jaber Building