Friday, Apr 19 2024 | Time 13:25 Hrs(IST)
image
Business Economy


USG Boral to build new manufacturing plant near Chennai

Bengaluru, May 22 (UNI) Malaysia-based USG Boral, a global leader in
building products technology, will be setting up a new plant near
Chennai with an investment of Rs 300 crore.
The plant will support USG Boral's commitment in the southern
region as the company looks for ways to better serve its customers
in India. This location will allow for 30 million m2 of plasterboard
capacity in a standalone facility located in South India.
The new facility will add to USG Boral's India presence, where it
currently operates two other facilities, a 9 million m2 plasterboard
and metal plant in Khushkhera, near New Delhi, and a joint compound
and putty plant, in the Chennai area.
Plans are underway to break ground in the September quarter of
2017. The plant is expected to be fully operational in 24 months.
More than 100 people are expected to be employed at full capacity, a
company release said here today.
USG Boral India is a leading plasterboard, metal, joint compound,
putty and mineral fiber ceiling products company, which has supplied
the Indian market since 2008.
UNI RS MSP CS 1237
More News
NTPC green energy inks MoU with Indus Towers

NTPC green energy inks MoU with Indus Towers

19 Apr 2024 | 12:05 PM

Mumbai, Apr 19 (UNI) NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) on Friday signed a Memorandum of Understanding (MoU) to address the need for pacing green energy objectives and the GoI’s efforts towards a carbon-neutral economy.

see more..
Rupee opens record low at 83 55 against USD

Rupee opens record low at 83 55 against USD

19 Apr 2024 | 11:50 AM

Mumbai, Apr 19 (UNI) The rupee on Friday opened at a record low of 83.55, declining three paise amid geographical tension between Israel and Iran and rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.

see more..
Sensex drops over 500 points

Sensex drops over 500 points

19 Apr 2024 | 11:31 AM

Mumbai, Apr 19 (UNI) The equity market continued to fall for the fifth consecutive session on Friday as BSE Sensex crashed 539 points to open below 72K at 71,949.65 amid heightened geographical tension, triggering a massive selloff of global equities.

see more..

USD up ; Euro,Pound down

19 Apr 2024 | 10:08 AM

Mumbai, Apr 19 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

see more..

Severe coal crisis: RINL to call for global tenders to procure 1 50L tons coal

18 Apr 2024 | 7:29 PM

Visakhapatnam (Andhra Pradesh), Apr 18 (UNI) In the backdrop of severe Coal crisis due to the ongoing strike at Adani Gangavaram Port Limited (AGPL),Rashtriya Ispat Nigam Limited (RINL) - Visakhapatnam Steel Plant (VSP), has embarked on a relentless mission to secure the crucial raw material of coal, which is essential for its safe and sustained operations.

see more..
image