Industry News

Honda Plans USD370 Million Investment in its Canada Car Manufacturing Plant

Japanese car manufacturing giant set to expand its car manufacturing plant, based in Canada

Iran to Commence Five Petrochemical Facilities by March, 2017

Iran to expand its petrochemical capacity by adding up five new petrochemical projects by the end of march 2017

Adani Port & SEZ Limited to Develop 3rd Phase of Mundra Port

Adani Port and SEZ Limited will invest USD881.69 for expansion of Mundra Port, thereby driving the demand for Port Infrastructure Market in India

Germany Integrates Civil, Military Air Traffic Management in its Airspace

Germany integrated civil and military air traffic management in its upper airspace

Alliance Tire to Launch Constellation Range of Truck Tires

Alliance Tire Group planning to Launch Constellation Truck Tires with 13 New Tread Patterns.

British Petroleum (BP) and Thai firm, PTT Signs an Agreement for LNG Supply

BP has signed a deal to supply liquefied natural gas (LNG) to PTT, a Thai state-owned oil and gas company, which will positively impact the demand for LNG in the country.

Sequoia, CDC Eye for a Stake in Sresta Natural Bioproducts

Venture capital fund Sequoia Capital & CDC Group plan to acquire significant stake in Sresta Natural

Sika AG Completes Acquisition of Bitbau Dörr

Sika acquires Bitbau Dörr GmbH to increase its geographical coverage and widen the product portfolio for waterproofing systems

Bridgestone to Invest an Additional Sum of USD180 Million at its Wilson Plant

Bridgestone is planning to invest an additional amount of USD180 million in its North Carolina facility in United States

Kemira Plans to Expand Production Line of ASA in China

Kemira is planning an investment to expand the production capacity of sizing agent (ASA) at its Nanjing site in China.

World’s Largest Street Light Replacement Programme Launched in New Delhi

Two Hundred Thousand Street Lights Replaced with LED street lights in the South Delhi Municipal Corporation Area

Microsoft and Qualcomm Back Israel’s Cybersecurity Firm, Team8

US-based Microsoft and Qualcomm invest in an Israel based cybersecurity firm

Yokohama Rubber Plans to Acquire Aichi Tire Industry Co., Ltd.

Japan based tire company, Yokohama, set to acquire domestic industrial tire manufacturer

AkzoNobel Completes Expansion of Organic Peroxides Business

AkzoNobel has concluded the development of organic peroxides production facility in Mexico.

Amazon India Launches City-Specific Platform for Small Sellers

The company has unveiled a city-specific platform in Bengaluru for small sellers and home entrepreneurs planning to foray into online selling.

SPCI Announced to Shortly Float Tenders for 2,300 MW of Solar Energy

Ashwini Kumar, the Managing Director of Solar Power Corporation of India announced to shortly start inviting bids for 2,300 MW of solar power.

Google’s Waymo Plans Expansion of Autonomous Minivans

US multinational Google in collaboration with Fiat Chrysler Automobiles adds autonomous minivans to their existing fleet

LyondellBasell Retains the Possession of it’s Houston Refinery

LyondelBasell has decided not to sell its Houston refinery factory operations

The launch of electric vehicles to drive the EV infrastructure market

The launch of microbus as electric vehicle by Volkswagen is a big boost for electric vehicle infrastructure market

Goa to Achieve Total LED Street Lighting by May 2017

The state is planning to replace its conventional street lights with LEDs