Manufacturing & Construction
A subsidiary of Jindal Stainless Ltd., JSL Lifestyle, has launched its first dedicated facility for Indian Railways in Chennai. Spread over two acres in Maraimalai Nagar, an industrial estate, this new railway facility would allegedly provide in-time delivery of high quality stainless steel components, for production of …
Power & Energy
The move will allow IOC to import around 3 million tons of U.S. crude oil into India as part of its strategy to diversify crude sources. India’s top oil refiner, Indian Oil Corp. (IOC) has recently inked a $1.5 billion deal to buy U.S. crude …
Manufacturing & Construction
The move will allow Kawasaki to meet growing hydraulic equipment demands from local construction machinery manufacturers in India. Japan’s Kawasaki Heavy Industries, Ltd. has recently inaugurated its new plant In Bengaluru that will manufacture, sell, and offer after-sales services for hydraulic equipment specifically made for …
Manufacturing & Construction
The joint venture is likely to enhance the readiness and potential of the Royal Saudi Naval Forces The kingdom of Saudi Arabia made it to the headlines for entering into a preliminary agreement with France-based Naval Group to develop warships. The latest move reportedly comes …
Manufacturing & Construction
The project is aimed at decongesting the existing road which dates back to 1976 and causes tailbacks up to 8 km. The Governor of the State of Virginia in the U.S. has reportedly announced the award of the €2.9 billion worth contract for upgrading and …
Power & Energy
The company rightly recognizes that BESS solutions are set to form the inevitable part of the grids worldwide Sterlite Power has recently announced that it has proposed contract bids for two storage projects in the latest auction brought to close by Salt River Project utility …
Manufacturing & Construction
Initial work on design and engineering under the joint venture is being done in San Diego US-based Boeing and French multinational aircraft company Safran have confirmed the name of the 50-50 joint venture (JV) they had created last year for building auxiliary power units (APUs) …
Power & Energy
Reports indicate that Royal Dutch Shell Plc, Stiesdal Offshore Technologies A/S (SOT), and Innogy SE have taken a final investment decision (FID) regarding a floating foundation demonstration project, offshore Norway, valued at €18 million ($20.4 million). Apparently, SOT’s TetraSpar floating foundation concept would be tested …
Life Sciences
LabNetwork, a WuXi AppTec company, and Latvia-based Chemspace, both online marketplace for chemical compounds utilized in drug discovery, have recently announced that the companies have entered into a partnership agreement. A press release from Chemspace suggests that the products of LabNetwork would now be available …