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Nov 02, 2022

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50 districts to be developed as export hubs with Rs. 2,500 cr support scheme

The government is likely to announce a Rs. 2,500 crore scheme as a part of the Union Budget 2023-24 to develop 50 districts as export hubs. In these districts...

India targets 10% share in global exports by 2047

The central government has set an aim to increase its export in the global trade to 3 per cent by 2027 and 10 per cent by 2047. As per...

OEMs to drive growth of auto-component MSMEs by 16-18% : CRISIL

In FY23 the auto-part revenues of MSMEs is expected to grow by 16-18 per cent YoY on demand recovery for Tier-1 suppliers catering to OEMs, as per CRISIL. Accounting...

Birla advances market launch of biobased rubber additives

Company has developed nanocellulose-rubber masterbatches in partnership with GranBio Technologies Mumbai, India - Birla Carbon is preparing to launch to market bio-based rubber additives which are expected to improve...

Italian rubber & plastics machinery segment reports 10% growth in orders

Amaplast anticipates positive development for third quarter of the year Milan, Italy - The Italian rubber & plastics machinery industry has seen a "growing order book" over the first...

China Sunsine adding capacity for rubber accelerators, insoluble sulphur

Group building own MBT plant to stop third-party purchase of intermediate material. Hengshun, Shandong - Singapore-based China Sunsine Chemical Holdings is expanding its rubber chemicals production in Shanxian, Shandong...

BASF breaks ground on new Polyurethane Application Development Laboratory in Mumbai

Strengthen product development capabilities; better meet customer needs with fast and advanced technical service Lab housing state-of-the-art application equipment to be inaugurated in 1H 2024 Focus on local research and...

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