Category: Material Handling
Reports confirm that the Mumbai-based leading construction company Larsen and Toubro (L&T) has secured major deals across two of its business divisions, namely, the Buildings & Factories Business and the Metallurgical & Material Handling Business. The combined orders are reported to be worth INR 1,127 …
Reports confirm that private venture capital firm True North has entered an agreement to buy a majority stake in Shree Digvijay Cement Company Limited, securing the third buyout deal for the equity firm in four months. According to a statement from the private equity firm, …
Prominent lithium miner Albemarle has reportedly secured environmental approval from the Western Australian government for its planned Kemerton lithium facility. As per trusted sources, the new facility would be located about 17 kilometers northeast of Bunbury in Kemerton Strategic Industrial Area. Reportedly, the plant would …
Imperial Oil, a renowned Canadian Petroleum refining company, has reportedly announced that it will be moving ahead with the $2.6 billion Aspen oilsands project located in northern Alberta. Reports cite, the project employs a new technology that is purported to be less wasteful as it …
China’s Sinopec and Germany’s BASF are looking to construct a new steam cracker in Nanjing, China, in an attempt to strengthen their partnership further in China’s upstream and downstream chemical production market, the companies stated. Both the companies have inked a Memorandum of Understanding (MoU) …
After identifying Tata Sponge Iron Ltd., as a strategic vehicle to acquire the Usha Martin steel business, Tata Steel has recently unveiled its plan to not directly house the acquisition of the unit, but through its subsidiary. Sources cite that the board of Tata Sponge …
