News archive

Nestle India to invest 2,600 crore in scaling capacity

Nestle India to invest 2,600 crore in scaling capacity

Nestle India recently said it is set to invest Rs 2,600 crore in India over the next three-to-four years to expand existing manufacturing capacities, apart from setting up a new plant in the state of Gujarat,...
26 October 2020
Essar Bulk Terminal wins green nod for LNG terminal

Essar Bulk Terminal wins green nod for LNG terminal

Essar Bulk Terminal Ltd., a unit of Essar Ports Ltd., has won approval from a key environment clearance agency to build a Rs 2,000-crore liquefied natural gas (LNG) terminal at its port located at Hazira...
26 October 2020
KNPC operates CFP boilers at Mina Abdullah Refinery

KNPC operates CFP boilers at Mina Abdullah Refinery

Kuwait National Petroleum Company (KNPC) announced operating of all boilers for the Clean Fuels Project (CFP) at the company's Mina Abdullah refinery, which covers the project’s needs of steam needed to...
26 October 2020
El Molla highlights Egypt’s E&P agreements in CERAWeek

El Molla highlights Egypt’s E&P agreements in CERAWeek

Tarek El Molla, Minister of Petroleum and Mineral Resources, highlighted securing 12 exploration and production (E&P) agreements with working international oil companies (IOCs) in Egypt and newly-enrolled...
26 October 2020
Aramco, Adnoc to invest in west coast refinery project

Aramco, Adnoc to invest in west coast refinery project

Saudi Arabian Oil Co (Saudi Aramco) and Abu Dhabi National Oil Co (Adnoc) are still committed to investing in the planned USD 44bn west coast refinery-cum-petrochemical project, the Chairman of the project's...
26 October 2020
ISSF: stainless steel market data

ISSF: stainless steel market data

The International Stainless Steel Forum (ISSF) shares the industry data following its October 2020 conference. World stainless steel melting shop production which has been growing consistently over the...
19 October 2020
JSL launches phase 2 of P&T co-branding initiative

JSL launches phase 2 of P&T co-branding initiative

Jindal Stainless Limited (JSL) announced the launch of the second phase of its nationwide pipe & tube (P&T) co-branding program ‘Jindal Saathi 2.0’. The second phase of this initiative comes after...
19 October 2020
Britannia to invest 550 crore in Tamil Nadu

Britannia to invest 550 crore in Tamil Nadu

Britannia Industries said it is investing Rs 550 crore in Tamil Nadu driven by the packaged food company’s positive performance in the last two quarters despite Covid-19 led disruption in the state. The...
19 October 2020
CPCL gets EC for grass root Cauvery Basin refinery

CPCL gets EC for grass root Cauvery Basin refinery

The Ministry of Environment, Forest and Climate Change (MoEF&CC) has accorded environmental clearance (EC) and CRZ clearance to the Chennai Petroleum Corporation Ltd. (CPCL) to install nine million...
19 October 2020
PepsiCo to set up potato chips plant in Uttar Pradesh

PepsiCo to set up potato chips plant in Uttar Pradesh

PepsiCo is going to set up a potato chips production unit in Uttar Pradesh with an investment of Rs 814 crore. The greenfield (new) unit is being set up in Kosi, Mathura, on 35 acres of land provided by...
19 October 2020