Novelis Announces Q4 and Full-Year FY25 Financial Results
Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today reported results for the fourth quarter of fiscal year 2025."Strong shipments in both the fourth quarter and full fiscal year, led by robust demand for beverage packaging, continue to underpin the fundamental strength of our business," said Steve Fisher, president and CEO, Novelis Inc. "While Adjusted EBITDA was slightly down versus the prior year in both periods, I'm proud of our team's adaptability and resilience in navigating headwinds from elevated aluminum scrap pr..
MR Organisation Acquires 51% Stake in Madhura Compressors
SAT Industries is pleased to announce that its subsidiary, MR Organisation , has acquired 51 per cent stake in Madhura Compressors, a specialised manufacturer and service provider of centrifugal compressors and related high-precision components. Its product offerings include intercoolers, after coolers, oil coolers, replacement coolers, and other critical components such as impellers, diffusers, heat exchangers, PLC panels, and gears. It also offers energy- saving audits, aftermarket solutions, and customized services to clients across steel, power, pulp C paper, textiles, and automotive secto..
Cochin Shipyard and Drydocks World to Develop Ship Repair Clusters
Cochin Shipyard (CSL), a Public Sector Enterprise under the Ministry of Ports, Shipping and Waterways, Government of India, and Drydocks World, a DP World company, are strengthening their collaboration to boost India’s ship repair and offshore fabrication capabilities.Building on the Memorandum of Understanding (MoU) signed last month in Mumbai during the visit of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence of the UAE, the partnership aims to bring global best practices to India’s maritime sector and expand ca..
Latest Updates
