It was celebration time at AJAX FIORI as it rolled out its 7000th Self Loading concrete mixer from its Doddaballapur facility near Bangalore on 22nd August, 2016. The milestone was achieved when the ARGO 2000 machine was delivered to B Dasthagiri Reddy, Managing Partner, M/s BDR Infra Solutions, Anantapur, Andhra Pradesh, at their factory premises.
Category: Materials
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NALCO may have to revisit Iran smelter unit plan
India has asked state-controlled National Aluminium Co Ltd (Nalco) to re-think its overseas expansion plans including a proposal to set up a $2 billion smelter unit in Iran, a top official has said.
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ExxonMobil launches Mobil Serv Lubricant Analysis in India
ExxonMobil Lubricants Private Limited has announced the launch of Mobil ServSM Lubricant Analysis, its new mobile-enabled used oil analysis service, in India.
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Durable Beauty
BASF, one of the world´s largest chemical producers, headquartered in Ludwigshafen, Germany, decided to build a manufacturing unit in Chennai for making catalytic converters used in automobiles. Aswathanarayana & Eswara LLP, a 50-year old Architect and Consulting firm in Chennai, was considered as an architect and consultant for the project.
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Panel defers green nod to IOCL´s Styrene project
The Centre´s green panel has deferred its decision on granting environment clearance to state-run Indian Oil Corporation Ltd´s (IOCL) Rs.593 crore Styrene and Ethylene project at Panipat, in Haryana, for want of more information.
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Tata Steel drops Gopalpur plant plan
Tata Steel has dropped plans to set up a ferrochrome complex at Gopalpur in Odisha but will build a plant with a capacity of 55,000 tonnes at the same place. This unit is scheduled for commissioning by the first week of September.
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Tata Steel starts export of Tata Ferroshots from its Kalinganagar steel plant
Tata Steel has started export of Tata Ferroshots from its steel plant located in Kalinganagar in Jajpur district of Odisha. Rajiv Kumar, Vice President (Operation) of Tata Steel Kalinganagar Plant flagged off the first export consignment to a South East Asian country on August 23, 2016.
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Debt of top 30 steel firms at $150 bn
The net debt of the top 30 steel companies globally has touched a record high of over $150 billion, according to consultancy firm Ernst and Young (E&Y). The global consultancy´s report also reveals that major part of this debt is with companies in India, China and Brazil.
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Jindal Steel secures coal for Chhattisgarh plant
Jindal Steel and Power has said that it has secured coal supply of 1.18 million tonnes per year (MTPA) for five years for its 540 134 MW captive power generation plants in Dongamahua and Raigarh in Chhattisgarh
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Essar bulk terminal to hike capacity by 20 MT
The Essar bulk terminal at Hazira is all set to expand from the current 30 mtpa to 50 mtpa, up by 67 per cent, by this year end. Company officials say that the terminalÂ’s current 550 metre berth will be expanded by a further 1,100 metre. Post completion, the port will have capability of simultaneously handling seven vessels at any point of time.