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L&T secures $3.9 bn contracts for Saudi Aramco's Jafurah expansion
L&T's market capitalisation surpassed the Rs 4 trillion mark for the first time ever, reaching an intraday high of Rs 4.01 trillion before settling at Rs 4 trillion.Read more
AVAADA Group partners with Tata Steel SEZ for Green Hydrogen & Ammonia Unit in Odisha
The unit will be set up at Gopalpur Industrial Park in Ganjam district in Odisha. The project is expected to generate around 1,600 direct and 4,000 indirect employment opportunities and aims to curtail nearly 2 million tonne of Co2 emissions annually.Read more
Saudi Wealth fund forges $3.3 billion steel giant in Saudi Basic Industries' Deal
The Public Investment Fund (PIF) will take ownership of Saudi Iron & Steel Company from Sabic, while, in a separate transaction, Sabic's steel arm, Hadeed, will secure AlRajhi Steel Industries in exchange for equity, as per an official statement.Read more
TPREL and SSMI partner for 28.12 MW green energy plant in Maharashtra
This project, slated for commissioning by March 2024, is in line with SSMI's climate change strategy, aiming to diminish reliance on fossil fuels and promote the production of eco-friendly steel.Read more
Apple explores 3D printing for smartwatch chassis manufacturing
This innovative technique could eliminate the necessity of carving sizable metal slabs into the desired product shape.Read more
Tube & Pipe Fair gets launch at 5th edition of Cable & Wire Fair in October 2023
Tulip 3P Media is all set to organise bi-annual B2B exhibition Cable & Wire Fair, 2023 at Pragati Maidan, New Delhi in the first week of October. The international B2B exhibition, Tube & Pipe Fair, will assist the global tubes and pipes industry in harnessing the benefitsRead more
ArcelorMittal Nippon Steel plans Rs 380 bn Paradip plant in Odisha
ArcelorMittal Nippon Steel (AMNS) India to construct a seven million tpa Paradip plant on a 1,485 acres of land.Read more
Synergy Steels takes a lead in quality and innovation in stainless steel
Synergy Steels exports have increased from Rs 61 crores in 2018-19 to Rs 480 crores in the current year. Read more
ABB India bags contract for ArcelorMittal Nippon Steel India
Order placed through original equipment manufacturer John Cockerill India (JCIL) for the new advanced steel processing lines at the AM/NS India’s flagship Hazira plant in Gujarat.Read more
Jk Tyre inaugurates Banmore Plant Capacity Expansion - 1st Phase
The company announces the completion of its first phase of capacity expansion of its radial tyre manufacturing facility with an investment of Rs 312 crore and the expansion will result in a 31 per cent increase in the plant's annual output capacity, from 39 lakh to 51 lakh units.Read more