Page 92 - Manufacturing Industry

Carbon credits: Enlisting market forces to combat climate change

Eighty two percent of the world's energy is still produced by fossil fuels. There is still a long way to wean humanity off carbon, but carbon trading is a step forward.

Germany's MAN Diesel acquires steam turbine specialist MaxWatt

Post-acquisition the Bangalore-based MaxWatt will be integrated into the turbo business of MDT and the new entity will operate under the name MAN Turbomachinery India Pvt Ltd

SunEdison inaugurates 50-MW solar power plant in Madhya Pradesh

Dammakhedi is the first solar power plant in the state to use single axis tracker technology to maximise energy production

Amtek acquires Volvo Cars' auto component plant in Sweden

The Floby plant, located in Western Sweden, produces brake discs, wheel hubs and connecting rods for passenger cars and commercial vehicles

Exporters should look beyond Eurozone, explore emerging markets: DGFT

In the wake of turmoil in Greece, Indian exporters need to focus on opportunities in Latin America, CIS nations and Africa, says Pravir Kumar, Director General of Foreign Trade

EMC to invest Rs 150 crore in McNally Bharat

Following this fresh round of proposed preferential allotment, EMC group (along with MKN Investments) will hold 29.64% stake in McNally

L&T builds India's first 700 MWe steam generator for nuclear power plant

The indigenously designed pressurised heavy water reactor (PHWR) is for the unit 3 Kakrapar power station of Nuclear Power Corporation of India Limited

Govt launches portal for online environment clearance for state-level projects

This follows the last year launch of the online application system for environmental clearance for Category A projects (which requires centre's nod) by the environment ministry

Kartik Kaushik to head Henkel India's beauty care biz

As the country head, he will be spearheading Henkel India's beauty care (professional) business, which has global brands such as Schwarzkopf in its portfolio

ISGEC forms JV with US-based Titan Metal Fabricators

The joint venture, named Isgee Titan Metal Fabricators Private Limited, will undertake metal fabrication of various types of equipment in metallurgy like titanium, tantalum, etc

Kabra Extrusiontechnik forms JV with Italy's Penta SRL

The JV company, Penta Systems India, will set up a plant for manufacturing and trading of auto feeding systems for the plastics and food processing industries

Effective evaluation software: A tool to reduce capital cost risk in EPC projects

Determining the capital cost of a plant is complex. By using economic evaluation software platform, EPC companies can reduce capital risk and gain an economically-viable competitive advantage

Escorts ropes in Cognizant to digitally transform its engineering businesses

This multi-million dollar engagement spans all of Escort's businesses, including agri machinery, material handling & construction equipment, railway equipment and auto components

Cabinet approves supply of iron ore to Japan and South Korea

The government has renewed the long term agreements for supply of iron ore to Japan and South Korea through MMTC Limited

Over 1000 firms to be green company rated by 2017: CII

By going GreenCo way, CII estimates that these companies would save about Rs 2,000 crore, apart from gaining other tangible and intangible benefits

Sunil Hitech commissions solar power project in Maharashtra

The 5-MW solar power plant at Solapur (Maharashtra) is the company's maiden green energy project

Implementation of GST will be a big positive signal to investors: Dr Joerg Strassburger

In this interview, Dr Joerg Strassburger, CEO of Go East Advisors, highlights on steps to be taken by the government to encourage investment in the chemical industry

Institute of Chemical Technology expands DBT-ICT Center for Energy Biosciences

The centre, which is now in its second five-year phase, primarily focusses on developing biotechnologies for deriving energy from renewable resources

Gujarat Alkalies & Nalco to set up caustic soda plant in Dahej

The project, which is estimated to cost Rs 1,789 crore, is being taken up as a backward integration initiative of Nalco

Wind energy target of 60 GW by 2022 is easily achievable: CPI-ISB report

While wind power is already cheaper than the total cost of power from a new build imported coal plant, solar power will become competitive with power from imported coal by 2019, adds the report