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1.A look at business opportunities

Contract value: Rs 800 crore, Particulars: Road project, IRB Infrastructure Developers has received Letter of Award (LoA) worth Rs 800 crore from NHAI for four laning of Goa-Karnataka Border to Panaji – Goa stretch of NH-4A from km 84.000 to km 153.070 in Goa BOT toll basis on DBFO pattern.


2.ACC’s fourth cement plant in Karnataka

ACC Kudithini cement plant was recently inaugurated by Ministry for Tourism and Infrastructure Development of Karnataka.


3.Tough markets for cement in Europe, US

As rising government debt looks to squeeze infrastructure spending, world’s leading cement makers Swiss group Holcim and France’s Lafarge expect the coming years to be tough in Europe and the United States.


4.Cement capacity to increase by 110 mn tonne in 3 years

According to the Cement Manufact-urers' Association, about 110 mn tonne of cement capacity will be added at an investment of Rs 50,000 crore in the next three years.


5.Atlas Copco launches DrillAir Open Unit

Atlas Copco's Portable Air Division recently launched DrillAirTM Open Units, XRVO 727 (XRVO 1550 CD 7 ) and XRXO 667 (XRXO 1400 CD7); designed for specialist applications and system integration and delivering up to 727 l/s flow at 25 bar. These units offer users higher capacity, higher pressure and a longer component lifespan.


6.Manitex to deliver cranes worth $5.7mn

Manitex International has bagged $5.7 mn crane orders to be delivered in the first half of 2010. About $3.7 mn crane orders are to be delivered for power generation applications, and $2 mn for Badger Equipment’s new rough terrain crane from the railroad sector.


7.Volvo CE appoints Alta as its authorised dealer

Volvo CE has appointed Alta as its authorised dealer in United States, in addition to selling certain assets of Wolverine Tractor & Equipment Company.


8.Holcim to set up 3 new plants

Holcim plans to set up three Greenfield manufacturing plants in the country in the next five years to serve the rising domestic demand.


9.Palfinger launches distribution firm in N America

Palfinger North American has launched a new distribution firm - Paltec Truck Equipment Company, by merging Tiffin Loader Crane Company and Omaha Standard Distribution.


10.KenGen signs deal with Andritz

Kenya Electricity Generating Company (KenGen) has signed a deal with Austrian company Andritz to install the third 24 MW turbine and overhaul two others at its Kindaruma Dam.


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