Contribution By Saipriya Iyer


Indonesia to propose bill for utilizing airspace, underground spaces

Indonesia’s Ministry of Agrarian and Spatial Planning recently announced plans on preparing a bill regarding construction of airspace and underground spaces in the country. As per trusted sources, the new bill would effectively provide legal certitude to investors that plan on funding various construction projects …

VSMPO-Avisma and Boeing open new titanium production unit in Russia

Russian company VSMPO-Avisma, which is the world’s largest titanium producer, and U.S. aircraft manufacturer Boeing have reportedly opened a new titanium manufacturing unit in the Sverdlovsk region of Russia’s Urals. The joint venture is expected to receive an investment of $82.3 million (5.5 billion roubles), …

Rhoads Energy to acquire four divisions of bankrupt Worley & Obetz

Rhoads Energy Corp, Lancaster-based heating and cooling resource provider is presently planning to acquire four divisions of Pennsylvania’s recently declared insolvent energy company, Worley & Obetz. Diesel Direct Inc., an energy company based in Massachusetts will be snagging its remaining assets. As per reliable sources, …