Cranex Limited received orders worth approximately ₹12.88 crore: a Letter of Award from Larsen & Toubro Limited for two EOT cranes for the Torrent Anuppur project (₹7.95 crore), and a purchase order from Godawari Power & Ispat Limited for a 15-tonne EOT crane with grab bucket (₹4.93 crore).
INOX India has received approvals from Heineken and AB InBev to produce stainless-steel beverage kegs at its Savli facility in Gujarat, and will begin supplying these brewers.
Hi-Tech Pipes will spend Rs 800 crore over the next two and a half years to raise production volumes to 2 million tonnes, adding about 1 million tonnes, with new value-added capacity including a facility in Sanand, Gujarat.
Alleima is commissioning a new hydraulic and instrumentation tubing factory at its Mehsana mill in Gujarat, India, with inauguration scheduled for 15 March 2023. The company did not disclose the investment amount.
Alleima inaugurated a new hydraulic and instrumentation tubing factory at its Mehsana Mill in Gujarat, India, on 15 March 2023. The plant adds seamless stainless steel tube capacity for the chemical, petrochemical and energy segments.
Sandvik will invest in a new hydraulic and instrumentation tubing factory at its Mehsana Mill in Gujarat, India, to meet rising demand. The investment is split into two parts and is expected to be fully operational by early 2023.
Flosil Group plans to set up a forging and casting plant on the 10-acre Goodrich Gasket facility at Kelambakkam near Chennai, to serve Aramco, Petronas and ADNOC.
Metso is establishing a new foundry in Vadodara, India, with a capacity of 20,000 tonnes, and is increasing mineral equipment capacity at its Metso Park in Alwar by 35%.
The Hyderabad Bench of India's National Company Law Tribunal approved Maharashtra Seamless's resolution plan to acquire United Seamless Tubulaar Pvt Ltd through the insolvency process.
UK valve supplier Orseal is supplying oxygen service valves to NMDC's Nagarnar steel plant and to an EPC contractor upgrading SAIL's BF-1 at Rourkela Steel Plant in India.