OUTOKUMPU HAS REACHED A SETTLEMENT WITH CARRIER REGARDING CIVIL PROCEEDINGS PURSUANT TO EU INDUSTRIAL TUBE CARTEL DECISION

Outokumpu Oyj and Carrier Corporation have signed a settlement agreement that covers all damage suits against Outokumpu by Carrier in the US and UK pursuant to the European Commission’s industrial tubes cartel decision of 2003. The total settlement amount is around 10 million euros. The settlement covers also all former Outokumpu subsidiaries included in the …

Kundli Real Estate – A Good Long-Term Investment Bet : Santhosh Kumar, CEO – Operations, Jones Lang LaSalle India

The real estate market at Kundli in the Sonipat District of Haryana holds great future potential owing to several current and proposed developments such as the Kundli–Manesar–Palwal or KMP Expressway, the Rs. 5000 crore Rajiv Gandhi Education City at Sonipat, the 100-metre-wide road from the IGI Airport to Narela, improved rail connectivity (Kundli is proposed …

Molex Appoints Digilife Distribution and Marketing Services (DDMS), as Distribution Partner in India

Molex without Tag Molex Premise Networks (MPN), global manufacturer of Structured Cabling Systems and a division of Molex Inc., announces the appointment of Digilife Distribution and Marketing Services (DDMS), a 100% subsidiary of HCL Infosystems Ltd., as its distributor in India. As part of the agreement, DDMS will distribute the complete range of MPN product …

Plant Science Could Ease Global Food and Fuel Demands: Carnegie

Stanford, CA— An international team of 12 leading plant biologists, including Carnegie’s Wolf Frommer, say their discoveries could have profound implications for increasing the supply of food and energy for our rapidly growing global population. All of their work focuses on the mechanisms that plants use for transporting small molecules across their membranes and thus …

Vatsala Naageshwaran of Absorption Systems to Present at Disso 2013 International Conference in Mumbai, India on May 3rd

EXTON, Pa., April 30, 2013  — Absorption Systems, a global leader in preclinical contract testing of drugs, biologics, and medical devices, is pleased to announce that Vatsala Naageshwaran, Associate Director of Scientific Operations, will present a talk at the Disso 2013 Conference on May 3rd in Mumbai, India. The title of her presentation is “Permeability classification …

Production launch at Starcore in Thailand

Rolling and skin-passing mill at Esmech Equipment Esmech Equipment Pvt. Ltd., an Indian joint venture partner of SMS Siemag, Germany, has successfully put into operation the new reversing cold mill at Starcore Co. Ltd. in Rayong, Thailand. Starecore has now an additional production capacity of 200,000 t of high-grade cold rolled strip as well as a skin-passing capacity of 146,000 …

Bahru Stainless puts 20-roll millstand from SMS Siemag into operation

Düsseldorf, April 30, 2013 Production launch for first stage of construction The first strip was successfully rolled on the new 20-roll cold-rolling stand at Bahru Stainless SDN BHD in Johor Bahru, Malaysia. In the south of Malaysia, the Asian company Bahru Stainless SDN BHD, a subsidiary of the Spanish Acerinox group, has erected a new production facility for cold-rolled …