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Over $17.8b of facilities to be paid to production units

30 March 2020 - 16:44
Iranian banking system will offer 750 trillion rials (about $17.85 billion) of facilities to the production units hurt by the current economic condition in the country, the governor of Central Bank of Iran (CBI) announced.

Domestic production to save Iran over $3b in a year

28 March 2020 - 21:37
Domestic production of industrial and mining products is planned to save the country over $3 billion in the current Iranian calendar year (began on March 20), Iranian deputy industry, mining , and trade minister for planning announced.

US negotiators agree massive coronavirus stimulus bill

25 March 2020 - 18:28
US congressional leaders have reached agreement on a major stimulus package designed to help the economy through the coronavirus outbreak.

Easing Chinese coronavirus curbs to lift power demand

24 March 2020 - 20:07
Several Chinese provinces have lowered their coronavirus emergency levels, likely paving the way for an increase in business and industrial activity that could lift power consumption and coal demand.

IIEC outlines plans to materialize ‘Surge in Production’

24 March 2020 - 16:15
The managing director of Iran International Exhibitions Company (IIEC) outlined the company’s plans and programs to materialize the motto of this Iranian calendar year, which is named the year of “Surge in Production” by the Leader of Islamic Revolution Ayatollah Seyed Ali Khamenei.

Reliably Prediction of Tool Abrasion during Core Shooting

23 March 2020 - 20:57
From February 12th – 13th, 2020, the Formstoff-Forum took place for the third time in Munich. The aim of this forum is to enable a close exchange of ideas between experts from research and industry.

AM Taranto exempt from new Italian restrictions

23 March 2020 - 19:26
Luxembourg-based producer ArcelorMittal is the only firm that is allowed to continue producing steel at its Taranto site in Italy after the government tightened measures on non-essential industrial activity over the weekend in its continuing fight against the spread of the coronavirus.

UK offshore sector to reduce capex, drilling: OGUK

19 March 2020 - 19:47
Companies operating offshore the UK are likely to cut capital investment by as much as 30pc this year, and cut drilling activity by more than a third to levels unseen since 2016, industry body OGUK said today.

Iran Higher than Turkey, Brazil in ‘Industrialization Intensity Index’

17 March 2020 - 21:01
The Islamic Republic of Iran stood higher than Turkey, Saudi Arabia, South Africa and Brazil in Industrialization Intensity Index, research conducted by the Iranian Parliament Research Center (IPRC) said.

Iranian Experts to Repair Regional States' Power Plants

17 March 2020 - 20:59
Based on the negotiations held with some regional states, Iranian experts will engage in reconstructing and repairing power plants there soon, a senior industrial official said.
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