Industry

New indoor high voltage substation at Shurton will feed electricity from Hinkley Point C power station into the national grid.

Cherepovets Steel Mill, one of the world’s largest integrated steel plants (part of Severstal’s Russian Steel division), has launched the commercial operation of a digital predictive model to prevent failures at the hot rolling mill 2000.

The Board of Directors of the World Steel Association (Worldsteel) has elected Alexey Mordashov, Chairman of PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies.

Wacker Chemie AG substantially increased its sales and EBITDA in the third quarter of 2017, both year over year and quarter over quarter.

Tikkurila's revenue for the third quarter totaled EUR 159.9 million (7-9/2016: EUR 158.0 million). Adjusted operating profit totaled EUR 21.9 (23.7) million, i.e. 13.7 (15.0) percent of revenue

Leading global investment firm KKR today announced that KKR has acquired an approximate 12.64% stake in PT Nippon Indosari Corpindo Tbk. ("Indosari" or the "Company") (IDX stock code: ROTI), Indonesia's leading mass market bread company.

Russia plans to create a car hub in Mexico, said Russian Industry and Trade Minister, Denis Manturov.

The Experimental Lab will host senior executives and experts from every facet of aviation industry.

 

Indian Air Force (IAF) fleet of Sukhoi-30 MKI fighter jets will undergo an upgrade to have more lethal weapons, a new type of AESA radar and avionics. India and Russia are in talks for the project.

ABB has won a $20 million order from Swiss bus manufacturer HESS to supply its flash-charging technology for 20 e-buses and related infrastructure for the French city of Nantes.

ABN AMRO’s Digital Impact Fund has increased its stake in Tink. Following its first investment in this Swedish FinTech in May 2016, the Fund is now taking part in Tink’s second investment round.