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Honeywell's Tech Chosen for Vioneo’s Fossil-Free Plastics Production
Vioneo has selected Honeywell’s advanced methanol-to-olefins (MTO) technology for its planned €1.5 billion facility in Antwerp, Belgium. The plant will use green methanol from renewable energy and biomaterials to produce plastics without fossil feedstocks, significantly reducing greenhouse gas emissions. Honeywell's MTO technology enables the production of propylene and ethylene — vital for items like medical equipment, packaging, and automotive parts — using biogenic carbon dioxide instead of crude oil or coal. This aligns with Vioneo's vision of advancing Europe’s €5 trillion che..
IEL Limited to Launch Rs 450 million Rights Issue for Warehousing Expansion
IEL Limited has announced a Rs 445.6 million rights issue to support its strategic foray into the warehousing and logistics sector. The issue, opening on February 4 and closing on February 21, 2025, offers 10.01 crore equity shares at Rs 4.45 per share, including a Rs 3.45 premium. The funds will facilitate land acquisition, construction of modern storage facilities, and general corporate expenses. IEL has acquired 29,800 sq m in Lucknow for state-of-the-art storage solutions, including warehouses, cold storage units, silos, and smart warehouses. “With the Indian warehousing market projected..
Godrej Properties Enters Hyderabad Market with Premium Project
Godrej Properties has made its debut in Hyderabad's booming real estate market with the launch of its maiden residential project, Godrej Madison Avenue, located in Kokapet, a hub for multinational companies. Spanning three acres, the 50-storeyed building will be the company’s tallest residential tower in South India. The project is estimated to generate a booking value of Rs 13 billion, offering approximately 1.2 million square feet of saleable area with premium 3- and 4-BHK apartments. Inspired by Manhattan's architecture and design, the project aims to meet the rising demand for sustainabl..
