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Switzerland-based Rieter Holding Ltd and Shanghai (China) listed Saurer Intelligent Technology Co. Ltd have signed an agreement by which Rieter will acquire three businesses from Saurer Netherlands Machinery Company B.V. (Amsterdam/Netherlands), the parent company of Saurer Spinning Solutions GmbH & Co. KG, Uebach- Palenberg/Germany and Saurer Technologies GmbH & Co. KG (Krefeld/Germany).

Grasim Industries Ltd – the flagship company of the $ 46-billion Aditya Birla Group – has been awarded “The Economic Times Promising Plants 2021” in India for its Nagda SFD plant.

Cosmo Speciality Chemicals, a wholly-owned subsidiary of Cosmo Films Ltd, has launched a clay-based sourcing agent, Eco Clay, for the textile industry which reduces load on E.T.P upto 30% along with reducing COD/ BOD levels in the wash effluent by eliminating/reducing the need for additional auxiliaries in treatment baths i.e. wetting, sequestering, demineralizing & stabilizing agents, surfactants, lubricants, softeners, and defoamers.