Tag: India

Stainless consumption in India to increase

Stainless steel consumption in India will rise by at least 140,000tns over the next one year or so after the railway minister announced plans to build new freight wagons and passenger coaches from the metal.

Titanium Industries supports UTC

Titanium Industries has announced that it has signed a 4 year agreement with United Technologies Corp. (UTC) to support UTC’s emerging market initiative in India.

CR complex in India

Outokumpu Oy will invest EUR 300 million to set up a cold rolling mill in India and is also looking at sites in Maharashtra and Gujarat for locating its first manufacturing plant in India.

India: petro complex

India-based Reliance Industries Ltd (RIL) will invest up to USD 9 billion through 2011 to create a petroleum and petrochemicals complex at Jamnagar in Gujurat, India.

India: steel plant

Gujarat-based Jain Group’s Sona Alloys, which pioneered ship breaking, will be setting up a Greenfield integrated steel plant at Lonand in Maharashtra with an investment of INR 350 crore.

Possible cold rolling mill

Acerinox has concluded a study on a project to build a plant, probably a cold rolling mill, in India, in a joint venture with its Japanese partner Nisshin Steel.

Sandvik bags contracts

Swedish Sandvik Group’s subsidiary Sandvik Asia has bagged contracts worth INR 143 crore from NMDC Ltd and Mormugao Port Trust.

Possible stainless plant in India

Acerinox SA in association with Japan-based stainless company Nisshin Steel Co. is studying the possibility of building a stainless steel plant in India to tap rising demand from makers of automobiles and houses.

UAE: power and water plant

Dubai's state-utility has invited bids for initial contracts to build the world's largest power and water plant in the emirate to meet soaring demand, according to a government official.

KG Basin pipeline project

PSL Ltd has recently bagged an order worth USD 21 million for the gas field known as KG-DNN-98/3, within the KG Basin in the Bay of Bengal, India.