Global Plant Engineering - October 2010 - (Page 16)

a SI a R EPORT: S RI L a N K a Graphite miner to purchase ownership from German company Sri Lanka’s listed graphite miner and exporter Bogala Graphite plans to acquire a manufacturing plant from its German parent firm that would enable it to make value-added lubricant products, a statement said. Bogala Graphite disclosed the transaction with Graphit Krophmuhl AG of Germany, valued at 17 million rupees and amounting to 21 percent of the firm’s equity, in a stock exchange filing. The company said the new graphite lubricant dispersion plant is to be imported from Germany by the end of the year for its graphite lubricant manufacturing project. Bogala Graphite returned to profit in the March 2010 quarter after losses last year as sales recovered and it reduced costs by shedding staff. The company is one of the world’s few vein graphite producers and used to export around 6,000 - 6,500 tons of value-added graphite each year before the global recession. The manufacture of lubricant products, which are priced higher, should also help boost profits, company officials have said. The product is now being produced in Germany from raw material exported by Bogala Graphite. The plan is to move the manufacture of the lubricants to Sri Lanka. INDIa Nestle invests in manufacturing, R&D center Nestle has announced plans to invest 38 million euros to open its first research and development facility in India. The Swiss food giant said the unit , its 30th worldwide, would focus on “popularly positioned products”. The facility, to be located in the state of Haryana, is expected to be operational by July 2012. In a press release, Nestle officials said, “We are strengthening our research and development organization in India. This new centre will facilitate innovation in a wide variety of foods, including culinary, cereals beverages and dairy products”. It said the facility would focus on “nutritionally enhanced products at affordable prices” for India as well as its global markets. The food giant also said it is looking to invest an additional 148 million euros to scale up its manufacturing capacities in the country. The company said it will invest on a new manufacturing plant in Karnataka to produce its Maggi –branded products, with INDIa GM India to open engine manufacturing facility Nov. 12 General Motors India (GMI) will inaugurate its new engine manufacturing plant in Pune on Nov. 12, a top executive of the auto major said. The state-of-the-art facility at Talegaon, on the outskirts of Pune, has been built at a cost of $230 mn, he said. This is GM’s first flexi-engine plant in the world that will make both petrol and diesel engines. The plant has capacity to manufacture 1.6 lakh engines, said Karl Slym, President and Managing Director, GMI. He was talking to newspersons after inauguration of a liquefied natural gas (LNG) facility at its factory in Halol near here for supply of gas to its car manufacturing plant. GM India will make 1.2 litre petrol and 1.4 litre diesel engines at the plant, he said. http://www.lankabusinessonline.com/fullstory.php?nid=1505056769 http://www.lankabusinessonline.com/fullstory.php?nid=1505056769 http://www.kamcity.com/namnews/asp/newsarticle.asp?newsid=56019 http://www.kamcity.com/namnews/asp/newsarticle.asp?newsid=56019

Table of Contents for the Digital Edition of Global Plant Engineering - October 2010

Global Plant Engineering - October 2010
Contents
Comment
Global Views
Hannover Messe Report
Asia Report
Americas Report
Winning the Race Against Equipment Failure
Take 8 Steps to Debug Process Control System
Optimize the Enterprise: Measurement, Empowerment, and Control are the Essential Ingredients
Air Apparent: Compressed Air Audits Let You Find the Leaks in Your System
The Promise of the Smart Grid: A Flexible, Dynamic Energy Management System
Europe Report

Global Plant Engineering - October 2010