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Covestro expands engineering plastics capacity at Noida plant
Covestro recently inaugurated its new production lines for polycarbonate compounding at their Greater Noida Plant in India. Read more
Kohler Co buys Heila Tech to expand clean energy offerings
Heila Technologies is dedicated to simplifying the integration and operation of Distributed Energy Resources (DERs) and microgrids.Read more
Budget 2022 - Economic Survey: Industrial sector to expand 11.8% in 2021-22
According to the Survey, investment, as measured by Gross Fixed Capital Formation (GFCF) is expected to see strong growth of 15% in 2021-22 and achieve full recovery of pre-pandemic level.Read more
Detroit Engineered Products expands its presence in Canada
DEP’s new office - the company’s ninth office globally - gives DEP a formidable advantage in its strategic positioning to address the demand of emerging marketsRead more
Kelvion to expand heat exchangers plant in Oklahoma
The Kelvion manufacturing site at The Port of Catoosa, which is an industry leader in the production of heat exchangers for the oil & gas industry, is expanding to meet the growing demand in the North American market.Read more
LANXESS expands customer service for electrical industry
An experimental injection mould for an application-focused part was developed in the company’s own technical lab for polymer processing at the Dormagen plant.Read more
Igus expands E4.1 energy chain modular system for long travels
New rollers and glide pads for upgrading reduce costs and increase the service life of E4.1 e-chainsRead more
Samsung expands Vietnam factory to increase foldables production
Samsung plans to begin the expansion soon, with full operation expected by the end of 2021 or early 2022. It would increase Samsung’s annual foldable production capacity by 47%, from 17mn to 25mn.Read more
India’s manufacturing activity expands, but demand slows: IHS Markit
A survey by analytics firm IHS Markit showed that manufacturing activity increased in August. The pace of growth remained muted due to the pandemic’s impact on demand.Read more
Lenovo expands manufacturing portfolio in India
Lenovo’s local manufacturing caters to 15-20% demand in India. The company plans to increase it to 30-35%. Total revenue for all Lenovo Group businesses in India was $462 million for Q1FY22, up 31.3% YoY.Read more