Raipur (Chhattisgarh) [India], December 19: Sambhv Steel Tubes Limited, one of the key manufacturers of electric resistance welded ("ERW") steel pipes and structural tubes (hollow section) in India in terms of the installed capacity as of March 31, 2024 (Source: CRISIL Report); proudly annou
JSW Infrastructure (JSWIL), part of the JSW Group aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by financial year (FY) 2030.
Mumbai (Maharashtra) [India], November 5: Nithia Capital ('Nithia') and Evonith Steel announce that Evonith Metallics Limited ('EML') has successfully recommissioned the Blast Furnace No 1 ('BF1') at the Evonith Steel City, Wardha, located near Nagpur, Maharashtra. BF1, is a 450 m3 blast fur
According to JSW, the agreement establishes a framework for collaboration in steel production, battery materials, and renewable energy. This collaboration comes amid India's strong economic growth, which has spurred steel demand at a rate exceeding GDP growth.
New Delhi [India], October 22: Jindal Panther Cement (JPC), part of the Jindal Group, announces the commissioning of its first cement grinding unit (GU) with a capacity of 1.5 MTPA at Angul, Odisha. This cutting-edge facility, which will utilise approximately 1 MTPA of blast furnace slag fro
The acquisition, valued at an equity worth of Rs 8,100 crore, marks a step towards Ambuja's goal of achieving 140 MTPA cement capacity by 2028. The deal will be fully funded through Ambuja's internal accruals, maintaining the company's debt-free status.
This acquisition will bolster AM Green's vision of transforming Chempolis's next-generation 2G bio-fuel technology into a comprehensive global bio-refinery platform, with a substantial investment of approximately USD 1 billion over the next three years aimed at producing over 0.5 million ton
The project will be implemented in three phases, with the first phase of 2.4 MTPA at an investment of Rs 1100 crore targeted to be commissioned by December 2025. Adequate provisioning of land for future expansion is in place, which will be commissioned in due course at a much lower capita
Mumbai (Maharashtra) [India], July 30: Eco Recycling Ltd (Ecoreco) (BSE: 530643), India's pioneer in e-waste recycling, applauds the government's recent emphasis on recycling valuable resources and the establishment of a 'Critical Mineral Mission'. The company views these initiatives as cruc
Prayagraj (Uttar Pradesh) [India], June 26: JK Cement, a leading Indian manufacturer of grey cement and prominent global white cement producer, today announced the commissioning of a new grinding unit at its Prayagraj Plant in Uttar Pradesh. This significant milestone, achieved in a record t
The release by the company states that the acquisition, valued at Rs. 413.75 Crores and funded through internal accruals. The aquisition will expand Ambuja's coastal footprint in the southern markets of Tamil Nadu and Kerala. With this acquisition, the Adani Group's total cement capacity rea
Union Minister of Ports, Shipping and Waterways and Ayush, Sarbananda Sonowal who chaired the meeting on the 'Coastal Shipping Policy' on Friday in New Delhi said that the ministry has identified a total potential of 1300 MTPA cargo movement by coastal shipping by 2047.