Automotive Component Manufacturers Association of India(ACMA), the apex body representing India’s auto component manufacturing industry, today announced the appointment of Mr Sunjay J Kapur, Chairman, SONA Comstar Ltd. as President and Ms Shradha Suri Marwah, Chairperson & Managing Director, Subros Ltd. as Vice President, ACMA for the 2021-22 session. Announcing the appointments, Director General, ACMA, Vinnie Mehta, said, “We are[Read More…]
Press Release Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today introduced the Acquire Color Compact spectrophotometer in markets across the Asia Pacific region including China, India, Korea, Southeast Asia and Australia. This state-of-the-art, lightweight device is easy to use, cost-effective and helps bodyshops create more accurate and faster colour matches. The Acquire Color Compact captures the[Read More…]
Press Release Total income of Rs 540 crore, up 131% versus the previous year Profit after tax of 27 Crs compared to a loss of 4 Crs last year Operating results impacted by COVID-19 related lockdowns in several major urban areas The Board of Directors of Goodyear India Limited, on 12th August 2021, approved the Company’s unaudited results for the[Read More…]
Press Release LANXESS completes acquisition of Emerald Kalama Chemical –Portfolio for industrial applications expanded Acquisition strengthens business in specialty chemicals for industrial applications Portfolio for the plastics, paint and varnish and adhesives industries significantly expanded Specialty chemicals company LANXESS completed the acquisition of Emerald Kalama Chemical on August 3. The U.S.-based company is a world-leading manufacturer of specialty chemicals. LANXESS[Read More…]
Press Release India’s first F1 driver will represent JK Tyre brand across platforms Indian tyre industry major & the market leader in the Truck Bus Radial segment, JK Tyre & Industries Ltd., has assigned Padma Shri Awardee and India’s first Formula One driver Narain Karthikeyan as its brand ambassador. He will be the face of the brand to exemplify the company’s quest of driving innovation[Read More…]
Indian two-wheeler manufacturer Hero Electric has received a big boost to it’s expansion plans. Hero Electric has raised a Rs.220 crore fund in part one of the series B round. The round was led by Gulf Islamic Investments(GII) along with OAKS. The initial investment of Rs.220 crore will aid in Rs.700 crore investment earmarked that till the year 2025. The[Read More…]
Press release | New facility plays important role in Marelli’s electrification growth strategy Company committed to getting involved in state’s technology network for e-mobility 【29 June 2021】 Marelli, a leading global automotive supplier, has received the NRW. Global Business Award 2021 for the investment in its recently established production facility for electric vehicle motors in Cologne, Germany. With[Read More…]
Press release | A new non-precious metal-based bi-functional electrocatalyst (capable of catalyzing two different types of reactions) can decrease cost and increase the efficiency of metal air batteries. With the rise in demand for different energy sources, worldwide efforts are being made to develop different kinds of energy devices, such as lithium-ion batteries, lead-acid batteries, redox flow batteries, lithium-air batteries,[Read More…]
Düsseldorf, Germany – Henkel Adhesive Technologies strengthens its capabilities for innovative electronics solutions by investing in ioTech, a UK-based start-up with an R&D footprint in Israel. ioTech has developed a disruptive Continuous Laser Assisted Deposition (C.L.A.D.) technology that enables the further miniaturization of a variety of applications in the electronics industry. With the investment, Henkel aims to drive synergies between[Read More…]
Press release | ~ Receives nine awards at the 4th CII National Kaizen Circle Competition 2021 ~ Wins five awards at the 5th Edition CII National Energy Efficiency Circle Competition New Delhi, June 24, 2021: Indian tyre industry major JK Tyre & Industries Limited has been recognized by one of India’s biggest industry bodies – Confederation of Indian Industry (CII)[Read More…]
Peter Fischer, Head of the Institute of Automotive Engineering at TU Graz draws attention to particulate matter emissions from brakes in a world obsessed with exhaust emissions. Whenever you think about emissions it’s quite likely you are thinking exhaust emissions. Opines Peter Fischer, Head of the Institute of Automotive Engineering at TU Graz in a report, “We have a problem[Read More…]
