Air Products & Chemicals buys Texas hydrogen plant; facility to come on stream next March

August 27th, 2009 Arch Coal increases credit facilityST. LOUIS — Coal producer Arch Coal Inc.

August 27th, 2009 Zhongpin to spend about $6M to upgrade facilityNEW YORK — Chinese meat and food processing company Zhongpin Inc. said Thursday that it will spend about $6 million to increase its slaughtering and processing plant's annual production capacity by 37 percent.

August 18th, 2009 Tesla to open power train plant in Palo AltoPALO ALTO, Calif. — Tesla Motors will open a new power train production facility and corporate headquarters in Palo Alto, Calif., as the electric-car maker moves to expand production after a recent award of government loans, the company said Tuesday.

August 14th, 2009 Nordstrom refinances credit facilitySEATTLE — Nordstrom Inc. on Friday said that it has secured a new three-year $650 million senior unsecured revolving credit facility to replace a prior facility of the same size that was scheduled to mature in 2010.

July 21st, 2009 Belden to shut down Mass. plant; 170 jobs affectedST.

June 4th, 2009 NEW DELHI - India's annual rate of inflation fell to 0.48 percent for the week ended May 23 from 0.61 percent in the previous week, official data showed Thursday. The wholesale price index for all commodities rose 0.04 percent though the indices for various manufacturing products declined, as per data released by the commerce and industry ministry.

May 26th, 2009 NEW DELHI - Bharti group, promoted by the Delhi-based Mittal family, has ventured into food and beverage products in partnership with the Singapore-based Del Monte Pacific at an initial investment of Rs.1 billion ($20 million/Rs.100 crore). Group company Bharti Enterprises Tuesday launched a range of food and beverage products that includes fruit drinks, packaged fruits, ketchup and sauces, apart from several Italian products for the Indian market.

May 15th, 2009 CHENNAI - Ashok Leyland Nissan Vehicles, whose proposed plant here to make commercial vehicles has been delayed due to land acquisition problems, may use the car manufacturing facility of Nissan-Renault, being set up near here, to roll out trucks, a top official said. Ashok Leyland Nissan is joint venture between India's Ashok Leyland and Japan's Nissan Motor for light commercial vehicles (LCV).

May 13th, 2009 Product Recalls: folding bicycles, candlesThe following recalls have been announced: — About 11,500 Dahon and REI Novara folding bicycles, 2008 model year, because the hinge on the handlepost can crack, posing a fall hazard. There have been 25 reports of the bicycle's handlepost hinge cracking, including one minor injury involving scrapes and bruises.

May 12th, 2009 NEW DELHI - India's industrial output fell for the third consecutive month in March by a steep 2.3 percent compared to the corresponding month last year, according to government data released Tuesday. This was the third fall in four months, goading industry to describe the development as 'a matter of serious concern'.

May 12th, 2009 NEW DELHI - India's industrial output fell for the third consecutive month in March by a steep 2.3 percent compared to the corresponding month last year, according to government data released Tuesday. This was the third fall in four months.

May 11th, 2009 CHENNAI - The US-based welding consumables product company Lincoln Electric inaugurated its $20-million plant near Chennai Monday. The 100,000 square feet plant in Mahindra World City, a special economic zone (SEZ), has an initial production capacity of 15,000 tonnes per annum.

April 22nd, 2009 Air Products profit, revenue fall in fiscal 2QLEHIGH VALLEY, Pa. — Air Products & Chemicals Inc., which supplies oxygen and other gases to the industrial and medical sectors, on Wednesday said its fiscal second-quarter profit dropped 36 percent as the continued decline in the global manufacturing industry cut into its sales.

April 22nd, 2009 CHENNAI - France's Cryolor SA, part of the $17-billion Air Liquide group, will set up a cryogenic gas storage equipment plant near here, a top official said Wednesday. Cryolor Asia Pacific, the Indian arm of Cryolor SA, will manufacture storage equipment for liquefied gases such as liquid oxygen, nitrogen and liquefied natural gas, company managing director Ravin Mirchandani told reporters here.

March 21st, 2009 KOCHI - City-based Geojit Financial Services Ltd Friday launched internet trading in currency derivatives. BNP Paribas Personal Investors deputy chief executive Vincent Lecomte opened the trading at a function here.