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Domestic steel makers struggle with sluggish demand growth: ICRA
Profitability may recover somewhat in Q3, with a sharp fall in coking coal prices in August 2019 and expectation of better demand from the construction sector during that quarter.Read more
“It is pertinent to restrict imports, particularly from Chinaâ€Â
R K Chugh will take over the post of the President, Indian Electrical & Electronics Manufacturers’ Association (IEEMA), on September 17, 2019. In this interview, he explains why electrical equipment industry and SMEs are going to be the game changer for tomorrow.Read more
China MachinexExpo 2018 to be held in Mumbai
The trade fair will cater to buyers looking at top quality and a wide variety of products from machinery, new energy, hardware and power tools, automobiles, printing and packaging machinery, chemicals, plastic machinery, machine parts & accessories, etc.Read more
Hindalco’s arm Novelis to invest $ 218 mn in Chinese facility
Once construction of the new facility is completed, Novelis’ total investment to date in Changzhou National Hi-Tech District will exceed $ 400 millionRead more
Lithium Werks invests Euro 1.6 bn in Li ion project in China
The project marks the start of Lithium Werks’ plan to build multiple gigafactories across the world as part of a 15-to-20-year programRead more
BorgWarner inaugurates new production plant in China
The new plant, located in Wuhan, will significantly expand propulsion system capability and capacity for hybrid and electric vehiclesRead more
Maag bags supply contract for polycarbonate plant in China
Maag - a Dover company that manufactures gear pumps, pelletising and filtration systems – has received a contract from Hainan Huasheng New Material Technology Co Ltd to supply pumps, pelletising systems and screen changers for its new polycarbonate production facility.Read more
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BASF’s coating division to set up surface treatment site in China
The Surface Treatment global business unit of the Coatings division of BASF, operating under the Chemetall brand, has invested in a state-of-the-art surface treatment site in the Dushan Port Economic Development Zone of Pinghu, Zhejiang province, China. Read more
KBR to supply equipment for 2 polycarbonate projects in China
KBR Inc has been awarded a license and engineering and a proprietary equipment supply contract by China Pingmei Shenma Group (PMSM) to build two new polycarbonate plants in Kaifeng and Pingdingshan in the Henan Province in China.Read more
Continental opens 3D blow molding plant in China
In the future, 3D blow molded hoses used in high performance turbochargers for automotive OEMs will be produced from the plant, built with an investment of approximately Euro 10 mnRead more
