Page 109 - Manufacturing Industry

Ceat begins construction work for tyre making unit in Nagpur

The company is investing Rs 420 crores in the plant, which will manufacture 2-3 wheeler tyres and have a capacity of 120 metric tonne per day

Nuberg Engineering bags contract to set up UAE's first calcium chloride plant

New project, which is third in row, makes the total contract between Nuberg and Al Ghaith close to $ 50 million

Total Energy invests in Solidia Technologies

Solidia Technologies has developed a process that uses carbon dioxide to manufacture sustainable cement and concrete

Sintex plans to build a textile plant in Pipavav

The company is planning to spend around Rs 5500 cr in the new plant

Reliance Industries to invest $4 bn in polyester value chain

The company plans to increase capacity from 7.5 million tonnes to 15 million tonnes

Pricol buys Brazilian auto component maker

The acquisition, which is expected to be completed by the end of January 2015, will enable Pricol to make a foray into the Brazilian auto component industry

Rosneft and Essar ink supply agreement for petroleum products

Russian firm will supply oil and oil products for Essar's refineries in India

Tata Power acquires Ideal Energy's 540 MW power project

Ideal Energy Projects owns a 540 MW coal based thermal power project in Nagpur, Maharashtra, out of which 270 MW was commissioned in May 2013

CCEA approves scheme to set up 1000-MW grid-connected solar power projects

The scheme will have a mandatory condition that all PV cells and modules used in solar plants set up under this scheme will be made in India

Flow batteries to create $190 mn energy storage market in 2020

Giant flow batteries can provide large-scale energy storage for the power grid, and falling costs will create a 360 MWh market, led by vanadium-based systems, according to Lux Research

L&T Construction wins orders valued Rs 2008 cr

This includes new orders worth Rs 1058 crores won by the company's power transmission & distribution business

Reliance Industries forms JV with China's Ruyi for textile business

RIL, which owns Vimal brand, will transfer its existing textile business into the new JV, in which it will own a majority 51% stake

Thriving consumer market driving demand for specialty polymers

Indian polymer industry should focus on developing specialty polymers - a key component of consumer goods such as electronics, automotive, etc - indigenously as the demand for these products grow mani

Reliance Industries inks MoU with Mexico's PEMEX

As per the MoU, RIL will cooperate with PEMEX for assessment of potential upstream oil and gas business opportunities in Mexico

Thermax wins Rs 351 cr contract for captive power plant in Africa

This is the second order received by Thermax from the same African company. In October this year, Thermax was awarded a Rs 321 crore contract to a captive power project

Manufacturing trends of 2015: Harsh Marwah

With 2014 coming to an end and Indian manufacturers begin to plan for the year to come, here are five manufacturing trends that will impact the industry in 2015

Gail inks gas supply pact with WGL for liquefaction in US

The agreement has been signed for a period of 20 years and supplies are expected to commence from late 2017 when the LNG terminal, in which Gail holds liquefaction capacity, becomes operational

Sanghvi Forging bags Rs 11-cr orders

Majority of the new orders will be forged at heavy open die forging plant

BHEL commissions sixth unit of Rampur hydroelectric project in HP

The 412 MW Rampur HEP powerhouse comprising 6 units of 68.67 MW each is located on River Satluj, a major tributary of the Indus Basin in Himachal Pradesh

US-based Atmel plans to increase R&D workforce in India

The manufacturer of microcontrollers and touch technology semiconductors, which go into smartphones and other devices, has a R&D centre in Chennai