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Covestro launches mechanical recycling polycarbonate compounding line in China

Covestro launches mechanical recycling polycarbonate compounding line in China

  Covestro has commenced operations at its first dedicated mechanical recycling (MCR) compounding line for polycarbonates at its integrated site in Shanghai, China. This line is set to produce over 25,000 tons of premium-quality polycarbonates and blends containing mechanically recycled materials annually, in response to the growing demand for post-consumer-recycled (PCR) plastics, particularly in applications within the electrical and electronic[Read More…]

by October 23, 2023 Newscast
Tapping Into The Aftermarket

Tapping Into The Aftermarket

KwikFix Auto is making its presence felt in the organised aftermarket segment. Deepti Thore looks at the strategy to be a one-stop shop.   The aftermarket segment in India has headroom to grow. Valued at Rs.74,203 crore in FY22, it registered a 15 per cent growth over FY21. In the first half of FY23 (H1-FY23) the growth momentum continues. At[Read More…]

by October 20, 2023 Market Place
Servotech & IIT Roorkee collaborate to develop rectifier units of CCS2 chargers and onboard chargers for Electric Vehicles

Servotech & IIT Roorkee collaborate to develop rectifier units of CCS2 chargers and onboard chargers for Electric Vehicles

Servotech Power Systems Ltd. (SPSL), India’s leading EV charger manufacturer has recently signed two MOUs with IIT Roorkee to develop state-of-the-art rectifier units for CCS2 chargers and onboard EV chargers for two, three and  four wheelers. The rectifier unit, an integral component of the CCS2 charger that is currently imported. This collaboration will boost domestic manufacturing capabilities and promote the[Read More…]

by October 19, 2023 Newscast
Continental appoints Christopher Marsh as the new head of surface solutions business in India

Continental appoints Christopher Marsh as the new head of surface solutions business in India

Christopher Marsh took charge as the head of the Surface Solutions business and the Pune Plant in India on October 01, 2023. He succeeds Landry Tchapda who now at the end of his assignment has been assigned another responsibility within the organization and is moving onward to Australia. Prashanth Doreswamy, President and CEO, Continental India said, “Continental welcomes Chris and[Read More…]

by October 18, 2023 Uncategorized
Sona Comstar wins the prestigious Golden Peacock Award 2023 for excellence in corporate governance

Sona Comstar wins the prestigious Golden Peacock Award 2023 for excellence in corporate governance

    Sona BLW Precision Forgings Ltd.  has been awarded the prestigious Golden Peacock Award for Excellence in Corporate Governance 2023 (GPAECG).  Vivek Vikram Singh, MD & Group CEO, received the award on the company’s behalf on October 17, 2023, in a ceremony organized in London. The company’s commitment to highest standards in corporate governance and its unwavering dedication to[Read More…]

by October 18, 2023 Newscast
RACE Energy partners with LOHUM for sustainable EV battery recycling

RACE Energy partners with LOHUM for sustainable EV battery recycling

  RACE Energy announced a strategic partnership with LOHUM to tackle EV battery waste and identify second life use applications. Aligning with the mandate under EPR (Extended Producer Responsibility) guidelines for responsible battery management, this partnership ensures that more than 90% of raw materials from RACE’s used batteries will be recycled/refurbished.   In June 2023, RACE Energy inaugurated its battery[Read More…]

by October 17, 2023 Newscast
Bhopal gets Vredestein brand’s exclusive outlet

Bhopal gets Vredestein brand’s exclusive outlet

Bhopal became the next destination for Vredestein brand’s exclusive outlets in the country, with Apollo Tyres Ltd inaugurating the second branded retail outlet for Vredestein brand of tyres in India at Arihant Tyres, Bhopal. The outlet was inaugurated by Rajesh Dahiya, Vice President, Sales and Service, Apollo Tyres Ltd along with Ashok Jain Pitalia, Proprietor, Arihant Tyres, in the presence[Read More…]

by October 16, 2023 Uncategorized
Need of Quality Infrastructure (QI) to Boost ‘Developed India Vision by 2047’: Industry Experts Discuss

Need of Quality Infrastructure (QI) to Boost ‘Developed India Vision by 2047’: Industry Experts Discuss

Future challenges and needs of Quality Infrastructure (QI) were discussed at the recently held second Indian Industry Bodies Meeting, organized by the National Accreditation Board for Certification Bodies (NABCB), a constituent board of the Quality Council of India (QCI). The experts highlighted the need for QI among various industries including Electronics, IT, Telecom, and Engineering and Capital Goods Sectors. Crucial[Read More…]

by October 16, 2023 Uncategorized
Jean-Michel Verdier is new MD of Continental Engineering Services

Jean-Michel Verdier is new MD of Continental Engineering Services

Jean-Michel Verdier  has started as the new Managing Director of Continental Engineering Services (CES) on September 1, 2023. He succeeds Dr. Christoph Falk-Gierlinger, who is leaving CES after 3 years with Continental. Jean-Michel Verdier has a background in engineering, with extensive experience in the automotive industry, coupled with proven leadership capabilities. With a career spanning over two decades, he has[Read More…]

by October 16, 2023 Newscast
Hindustan Zinc & GreenLine sign agreement to deliver green logistics

Hindustan Zinc & GreenLine sign agreement to deliver green logistics

Hindustan Zinc has chosen GreenLine Mobility Solutions Ltd (GreenLine), a part of Essar Group and a pioneer in green mobility solutions, as its sustainable logistics partner and is set to deploy GreenLine’s LNG-powered fleet in its supply chain and transportation operations. LNG-powered vehicles significantly reduce emissions compared to diesel and align perfectly with the sustainability goals of both organizations. This[Read More…]

by October 16, 2023 Newscast