Pressure die casting is a manufacturing process for producing devices ranging from medical devices to industrial equipment. However, it’s proven challenging to make die tools for Pressure Die Casting (PDC) that have efficient cooling channels using traditional methods. Die tools in standard production have straight-line cooling channels that are degraded. A team of scientists at the International Advanced…

To enhance value proposition for all minerals and mining industry customers, ABB India recently launched the Minerals Remote Monitoring Center as part of ABB's R&D portfolio at Bhoruka Tech Park, Bangalore. MiRMC is a solution based offering from ABB’s Minerals business unit. Manned by competent and experienced resources, MiRMC will provide value-based solutions for the continuously changing and demanding…

ABB will provide Symphony Plus total plant automation system for the combined cycle power plant, controlling and monitoring the heat recovery steam generator and overall combined cycle plant. ABB has landed a contract from China Chengda Engineering Co. Ltd to supply Symphony Plus total plant automation solution for a new 225MW Bhola combined cycle power plant located at Bhola district in southern part of…

ANG Auto Ltd announced that it has taken a strategic initiative to add another vertical in power sector infrastructure space. The company has set up a state of art a new line for fabrication for power plants fabricated boiler structure with an installed capacity of 25000 M Ton per annum. The company has entered into yearly rate contract with BHEL for heavy duty steel fabricated boiler structure and the…

More than 200 workers at Tata Steel in Workington face an uncertain future after the company announced it planned to sell off its long products business. Workington’s steelworks house an engineering workshop, with 250 staff, which supports Tata’s business of supplying products to industries including construction and excavation. Tata said it has signed a memorandum of understanding with the Klesh Group, a…

Manufacturing firm to fund expenditure through debt, equity Precision manufacturing company Aequs will invest about $100 million (around ?600 crore) in India and overseas by 2020 to add new capabilities, expand its geographical reach and scale up revenue, according to a top official. Capital structure The Karnataka-based company, which was formerly known as QuEST Global Manufacturing, will fund its capital…

Commodity reported that Hindalco was worried about the concerns of high inflation in the recently released investor update for financial year 2011. The Aluminium major said that the key concerns in the markets are inflation and Reserve Bank of India rate actions. The project activity in India has moderated due to lower liquidity. Aluminium consumption rose by 14% in FY 2011 to 2137000 tonnes as compared to…

India's aluminum industry, led by Hindalco Industries and Vedanta, are urging the government to raise the import duty on the metal to check surging shipments from China and the Middle East, as several mills face closure amid falling prices and raw material shortages. Vedanta's aluminum unit, the largest producer of the metal in India, said Monday it begun to close down its sheet rolling division and foundry…

Amtek Global Technologies secures long-term financing from KKR 10.6 KB Add to Briefcase Amtek Global Technologies ("AGT" or the "Company"), a subsidiary of Amtek Auto (NSE: AMTEKAUTO; BSE: 520077), one of the world's largest global forging, casting and integrated machining companies, and the credit business of leading global investment firm KKR today announced the signing of definitive agreements under…

Arvind Dham-led automotive component supplier Amtek Auto Ltd is routing the acquisition of Germany-based Rege Holding GmbH (Rege) through its public listed subsidiary JMT Auto, according to a stock market disclosure. Jamshedpur-based JMT Auto through its Singapore-based special purpose vehicle (SPV) has acquired Rege for an undisclosed amount, it said on Monday. Earlier in May, Amtek Auto said it is…