Monthly archives: July, 2014

Vacuum oxygen decarburization from Siemens launched at voestalpine Giesserei Linz GmbH

Plant broadens product portfolio with sophisticated steel castings for energy and mechanical engineering industries Electrically driven vacuum pumps make steam consumption superfluous A vacuum oxygen decarburization (VOD) plant from Siemens Metals Technologies with a capacity of 50 metric tons commenced operation at voestalpine Giesserei Linz GmbH. The Austrian company is thereby adding to its equipment …

Third India-Africa Forum Summit

India will host the Third India-Africa Forum Summit (IAFS-III) in 2014 as per the decision taken at the Second Summit in Addis Ababa in 2011. Hon`ble Prime Minister has approved 4th December 2014 as the date for the Third India-Africa Forum Summit (IAFS-III). The Summit will be preceded by the Senior Officials` Meeting on 1st December …

Installation of Solar Panels on Roof Tops 

The Ministry has recently launched a “Grid Connected Rooftop and Small Solar Power Plants Program” to promote solar rooftop systems in the residential, commercial, industrial and institutional establishments. This was stated by Sh. Piyush Goyal, Minister of state for Power, Coal & New and Renewable Energy (Independent Charge) in a written reply to a question …

National Water Policy 

The objective of the National Water Policy, 2012 is to assess the existing situation and to propose a framework for a plan of action with a unified national perspective. In order to achieve the objective of the Policy, a number of recommendations have been made therein for conservation, development and improved management of water resources …

Index of Eight Core Industries (Base: 2004-05=100), June, 2014 

The Eight Core Industries have a combined weight of 37.90% in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 163.9 in June, 2014, which was 7.3% higher compared to the index of June, 2013. Its cumulative growth during April to June, 2014-15was 4.6 %. Coal Coal production (weight: 4.38%) increased …

EU climate policy may cost the steel industry 100 billion Euros

Commission proposals for 2030 climate targets miss provisions to safeguard globally competing European companies “The European steel industry is ready to support ambitious greenhouse gas reduction targets so that the EU can adequately contribute to global efforts in the fight against climate change. However, we are surprised that while the Commission has already proposed a …

Outotec Interim Report January-June 2014

OUTOTEC OYJ INTERIM REPORT                    JULY 31, 2014 AT 9.00 AM   INTERIM REPORT JANUARY-JUNE 2014 Order intake improved 80% from Q1, lower profitability due to higher project costs January-June 2014 (comparison period in 2013): Order intake1): EUR 589.8 (856.7) million, -31%, in comparable currencies -23% Service order intake1): EUR 281.0 (272.0) million, 3%, in comparable …