The producer and exporter of iron ore Sesa Goa Limited, has acquired a 10.4% stake in Cairn India from Malaysia-based Petronas International Corporation Limited. The company has purchased 200 million shares of Cairn from Petronas at Rs 331 a share. The said acquisition was in addition to the open offer to public for a 20% stake in Cairn India, launched this month. Sesa Goa Limited (Sesa Goa) is a…

This development impacts key parts of the former Opel engineering center in Rüsselsheim and the nearby test track in Rodgau-Dudenhofen—both sites historically regarded as central pillars of German automotive development. The Dudenhofen proving ground, operational since the 1960s, has long been a symbol of integrated automotive testing infrastructure and development depth. For the foundry and supplier…

The Orissa High Court has upheld a decision to cancel the expansion of Vedanta Aluminium Limited’s alumina refinery plant at Lanjigarh, India. The high court, however, has allowed VAL to make a fresh bid to obtain environmental clearance from the Union Ministry of Environment and Forests (MoEF) for expansion of its existing units. The court said: “The process for environmental clearance for any expansion…

The LPDC2121 Pro sets new benchmarks in the bathroom tap manufacturing by transporting two standard molds per manipulator, a significant improvement over existing machines in the industry. This feature nearly doubles production capacity compared to the previous leading model, the LPDC2121. With a shift output of approximately 550 castings and the ability to produce 2 to 4 castings per mold, thousands of…

Automotive Industry – A Powerhouse with Decades of Experience Thanks to nearly 50 years of experience in the automotive sector, Turkey has become one of the region’s leading suppliers and ranks among the world’s largest vehicle manufacturers – third in Europe. Metal, plastic, and rubber components are shipped to locations around the globe, including the world’s leading OEM plants and their suppliers.…

also available in With investments of around 30 million Euros the SCHMOLZ + BICKENBACH CASTING GROUP will continue to expand their competence as special steel casting expert over the next years. The aggregate will go into new installations as well as into an optimized material flow. “We are specialized in sophisticated high-quality casting solutions. Consequently, our investment of 30 million Euros…

The Georgsmarienhütte plant, the GMH Gruppe’s largest production site, is gearing up for the future. The company is investing around 21.5 million euros in an inductive single-bar tempering system (EVA), which will be installed in two stages. It will operate fully automatically and thus increase occupational safety at the same time. This new method will replace a labour-intensive and risky process step that…

Seven Refractories and COBEX have signed a distribution agreement for Russia and CIS. The announcement comes after several years of successful project cooperation. The existing partnership between the two companies has been taken to the next level, making Seven Refractories the exclusive distributor for the entire Furnace Linings product portfolio of COBEX in Russia and the CIS region. “Seven Refractories…

Customers will keep on relying on outstanding finished goods and services, its further development, and an increasing focus on environmental-friendly products manufactured on site. The successful story started at the end of 2016 when Seven Refractories entered into an agreement with Dalmia Bharat Group to develop and supply a wide range of monolithic refractories for the Indian market. In 2018, both…

The US trade magazine Ward’s AutoWorldthis year and for the sixteenth time has announced its 10 Best Engines award for enginesthat set new benchmarks and are available on the US market. The award ceremony was held on January 16 at the North American International Auto Show in Detroit. As many as seven of the top ten come with KSPG AG components. From among 40 engines available in the USA a jury of experts…