Carborundum Universal to acquire Silicon Carbide Products to expand global reach

Carborundum Universal to acquire Silicon Carbide Products to expand global reach

Carborundum Universal Limited (CUMI), a leading materials sciences engineering solutions provider, has announced its decision to acquire a 100 percent stake in Silicon Carbide Products Inc. (SCP) based in Horseheads, New York, USA. The acquisition is valued at an enterprise price of USD 6.66 million (approximately INR 56 crore), with the transaction expected to close […]

TAQA, JERA secure financial closing for 475MW cogeneration plant in Saudi Arabia

TAQA, JERA secure financial closing for 475MW cogeneration plant in Saudi Arabia

Abu Dhabi National Energy Company PJSC (TAQA) and JERA Co., Inc. (JERA) have announced the successful financial closure of Najim Cogeneration Company Limited, marking a significant milestone in the development of a cutting-edge industrial steam and electricity cogeneration plant in Saudi Arabia. The new plant, located in Jubail within Saudi Arabia’s Eastern Province, will produce […]