Page 88 - Manufacturing Industry

Global high density polyethylene market to reach $84 bn in 2023

The demand for HDPE is primarily driven by growth in plastic packaging, and agriculture films & pipes industries across the globe, says a Transparency Market Research report

Australia's Heliostat inks pact with GWPL and Gravita

While Heliostat has signed MoU with GWPL for solar projects, it will collaborate with Gravita for developing usage of solar energy in metal recycling

Australian firms eyeing opportunities in India's defence industry

South Australian Government signs an MoU with CII to foster closer economic ties and defence industry investment opportunities

Pennar Industries wins orders worth Rs 180 crores

The company and its subsidiary Pennar Enviro received orders for engineering & infrastructure and environment & water treatment projects

Power Grid Corporation awards Rs 300 cr contract to Crompton Greaves

The orders include 765kV transformers for the Chittorgarh and Ajmer substations, both part of the Green Energy Corridor

Symphony buys Chinese air cooler firm Munters Keruilai to boost exports

The acquisition will help Symphony to expand exports to ASEAN region via China, which has FTAs in the region

Italy's IMA to enhance packaging machinery exports from Hassia India

Hassia India, which specialises in vertical form fill seal (FFS) bagging machines, aims to cross Rs 100 crore turnover in the next three years from the current Rs 50 crore

Apollo Tyres plans Rs 1200 cr investment to expand Chennai facility

The company will expand the truck & bus radial tyre capacity at its Chennai plant from the planned 8900 tyres per day to 12000 tyres per day

Dutch firm LyondellBasell to acquire polypropylene compounds maker SJS Plastiblends

Strategic acquisition will expand LyondellBasell capabilities and footprint in India's growing automotive plastics market

Berger Paints to set up two plants in Assam

While one plant will manufacture putty and distemper, the other site will be a water & solvent based paint mixing plant

BHEL commissions 500-MW thermal unit in MP

The company successfully commissioned the 500 MW Unit-13 of Vindhyachal Super Thermal Power Station (STPS) located at Singrauli district of Madhya Pradesh

Alstom wins Rs 231 cr orders from Power Grid Corporation

As per the deal, Alstom will supply transformers and shunt reactors for PGCIL's Agra substation and spare units of transformers & reactors for other projects

Apple iPhone maker Foxconn to invest $5-bn in electronics plant in Maharashtra

Foxconn, which contract manufactures devices like Apple iPhone, BlackBerry, Kindle e-reader, etc, will also establish an R&D unit at the Maharashtra site

Green shoots of recovery visible, says CII ASCON Survey

Survey reveals a slight improvement in growth trends in terms of production over the corresponding quarter a year ago

Punj Lloyd wins Rs 477-cr Ennore LNG tankage project from Mitsubishi

Once completed, the LNG imported to the Ennore terminal will be used by utility company power generation plants as an alternative fuel and as feedstock by fertiliser plants

GHCL to invest Rs 1050 crore to expand soda ash & textile capacity

While the company will spend Rs 950 crores in a two-phase soda ash expansion project, it will utilise Rs 100 crores in the next two years for expansion of its textile business

Swiss firm Casale bags contract to revamp Zuari Agro Chemicals' Goa plant

Zuari Agro aims to increase the output of the complex from 850 metric tonne per day (MTD) to 1050 MTD of ammonia and from 1450 MTD to 1800 MTD of urea respectively

US water treatment chemicals market to reach $7.5 bn in 2019

Gains in biocide demand will continue to be slower than gains in other product categories, says a new Freedonia report

Uflex to invest Rs 550 crores in aseptic packaging plant in Sanand

This factory, which is proposed to be commissioned by April 2017, will produce approximately seven billion packs per year for liquid products such as energy drinks, milk, etc

Danfoss opens psychrometric lab in Chennai to test AC & chillers

The lab will provide HVAC product manufacturers a facility to test their products for energy efficiency standards and achieve third party certifications