Offshore energy portfolio wins excellence award
Hitachi Energy’s OceaniQ™ has won the “Awards for Excellence”, the highest-ranked award in “the 2022 Nikkei Excellent Products and Service Awards.”
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Nynas opens depot in North East USA
To better serve current and future customers in the USA and Canada, Nynas will extend its storage capacity and distribution network for naphthenic specialty oils with a depot in New Jersey, North East USA.
Schneider Electric plans to set up new production facilities in Russia
RUSSIA, Moscow: French transformer manufacturer Schneider Electric is preparing an investment contract to set up new production facilities and additionally localize products at existing assets in Russia.
Tata Steel sells most of its European assets
United Kingdom, London: Following its earlier announcement of the decision to sell its poorly performing business in the U.K., India’s Tata Steel has sold its long products business assets in Europe to investment firm Greybull Capital.