VW Southeast Asia

Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

Maharashtra Government to revive oil refinery project

The Maharashtra government is keen on reviving the Rs 3.5 lakh crore oil refinery project at Nanar in the Konkan region.

Reliance to commission new gas, condensate field

Reliance to commission its MJ gas condensate field in Bay of Bengal block KG-D6 by year-end, boosting natural gas output to 30% of India's total.

Saudi Arabia moves to strengthen water valve production

To support, strengthen and develop the local industry for the production of water valves, NWC has signed MoUs with three national companies.

Hetero buys Johnson & Johnson’s plant in Telangana

Hetero has acquired a brownfield manufacturing unit at Penjerla in Telangana together with the land, plant, and machinery in a slump sale

PFC, REC sign MoA to finance 1,320 MW BTPP in Bihar

Power Finance Corporation (PFC), Rural Electrification Corporation (REC) have signed a Memorandum of Loan Agreement (MoA) with SJVN Thermal Private Ltd

ADNOC Drilling awarded close to $1bn contract

Abu Dhabi National Oil Company (ADNOC) has announced the award of a contract worth USD 980M (AED 3.6bn) to ADNOC Drilling

Feasibility study on integrated CEPT at Chinnalapatti

In a novel effort to integrate the treatment of wastewater from tanneries, textile dyeing units, and from within the Corporation limits, the district administration, along with various stakeholders, is taking up a feasibility study.The proposed ‘Integrated Combined Effluent Management’ project envisions combining to treat wastewater from tanneries in Dindigul, textile dyeing units in Chinnalapatti, and out of Corporation through the existing Common Effluent Treatment Plant (CETP).The technical committee comprises nine members including chief scientists from the Chennai-based Central Leather Research Institute (CLRI), Nagpur-based National Environmental Engineering Research Institute (NEERI), and Karaikudi-based Central Electrochemical Research Institute (CECRI).

AMPO POYAM VALVES opens manufacturing plant in Saudi

AMPO POYAM VALVES recently celebrated the official opening ceremony of its new valve manufacturing and servicing plant, AMPO ARABIA, in Dammam 2nd Industrial City.

Engie & MoEI partner on clean energy in UAE

The UAE Ministry of Energy and Infrastructure (MoEI) and Engie Solutions will technically cooperate in generating clean energy projects on MoEI's assets and explore other energy-related CSR initiatives.For this a memorandum of understanding (MoU) was signed by Eng Sharif Al Olama, Undersecretary of the Ministry of Energy and Infrastructure for Energy and Petroleum affairs, and Vincent Montanet, Chief Business Development Officer for Engie Solutions GCC, at the RAK Energy Summit.Organised by Ras Al Khaimah Municipality, the summit featured industry-level speakers from the energy sector to discuss the challenges and opportunities in dealing with climate change and the future of the energy sector.Both parties recognise the importance of increasing the share of renewable energy in the country’s energy mix while inspiring innovations in the sector.

Taha wins key processing units deal from India

Bahrain-based Taha International Industrial Services, a major company working for the elimination of waste from the aluminium industry, said it has been signed up by Indian refining company Runaya for the supply of two additional hot dross processing units.These units are based on a patent that was developed by Bahraini and foreign experts at Taha International in Bahrain and is currently being employed by a rising number of aluminum smelters worldwide, said the company in a statement.The hot dross processing technology has the ability to change how companies handle their dross, thus making the process environmentally friendly and, most importantly, zero-waste.