Swedish truck and bus major Scania has unveiled its first manufacturing facility in India at an investment of Rs. 250 crore. Located in Narasapura near Kolar in Karnataka, the plant has an annual production capacity of 2500 heavy haulage ...
Tags: Scania, India, plant, production, heavy truck, Inter-City bus
It’s reported that the Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) said that it planned to ship around 415,000~417,000 tons of hot rolled steel products November, falling by 5% from a month ago. Among them, ...
Tags: HR Steel Products, Mineral
The MoD plans to commission three new ocean-going Offshore Patrol Vessels for the Royal Navy in a deal that will sustain jobs in the UK's warship building industry. The new ships, which will be built by BAE Systems at their shipyards on ...
Reportedly, the Korean steelmaker Hyundai Steel planned to raise its export price for H-beam and other steel long products by US$20~US$30/ton for December shipments. Hyundai Steel has set export prices for December sales of based-sized ...
Tags: Hyundai Steel, H-Beam Export
According to the Ukrainian association of metal producers Metallurgprom, in December this year Ukraine's crude steel production is expected to increase by 4.6 percent compared to October to 2.740 million mt. According to Metallurgprom's ...
Tags: Crude Steel, Mineral
U.S. Energy Secretary Ernest Moniz today announced the final shipment of low enriched uranium (LEU) derived from Russian weapons-origin highly enriched uranium (HEU) under the 1993 U.S.-Russia HEU Purchase Agreement, commonly known as the ...
BP has developed two new technologies for the production of key petrochemical feedstocks. SaaBre is a new route for the production of acetic acid from syngas and Hummingbird® directly converts ethanol to ethylene through dehydration. ...
For the first time since 2002, Thanksgiving falls as late as the calendar possibly allows it to, but eager holiday shoppers are already mapping their shopping strategies for the big weekend. According to a preliminary Thanksgiving weekend ...
Tags: US Shoppers, Holiday
National Oilwell Varco, Inc. announced that Chairman and Chief Executive Officer Merrill A. Pete Miller, Jr. has informed the Board of Directors that he intends to step down from those positions contemporaneous with the completion of the ...
Saks Fifth Avenue has signed a letter of intent to relocate its downtown Cincinnati store to The Kenwood Collection, which Phillips Edison & Company is transforming from a regional destination to a super-regional retail destination drawing ...
Proton Cars Australia says it’s going in a new direction to build brand credibility and is moving away from cheap pricing as the brand’s key selling point. Speaking at the local launch of the new Proton Suprima S, Proton Cars ...
Tags: Proton, Proton Cars
The Dutch food technology company TOP bv is working on a consortium to market raw milk safe for consumption, and is looking for additional partners. The first tests of raw milk treated with mild preservation technologies such as ...
As at the end of September, BWT increased its consolidated revenues by 1.4% from 380.0 million to 385.3 million. With a comparable Group structure (a plant engineering company in Ireland was sold in the first quarter), revenues growth would ...
Tags: BWT, report, 2013, three quarters
Petrobras started up production on platform P-63, connected to well PPT-12, in the Papa Terra field, located in the southern Campos Basin. The FPSO (Floating Production Storage and Offloading) platform is anchored at a water depth of ...
Gazprom Neft and Vietnam Oil and Gas Group (PetroVietnam) have signed a framework agreement setting out the terms of Gazprom Neft’s proposed acquisition of a stake in the Dung Quat oil refinery and the refinery’s planned ...
Tags: Gazprom Neft, PetroVietnam, invest, Dung Quat, refinery, modernisation