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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
Modern Automotive provides special steel engineering solutions to OEMs
Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more
Firefly Fire Pumps secured Seven Intellectual Property Rights
The registered IP encompasses a range of high-impact products that can lift from depths of 7 meters within a remarkable 24 seconds, making them exceptionally effective in fire emergenciesRead more
