Anamika Mishra
[Sub Editor]
A Russian missile strike on April 10 targeted the Ukrainian city of Dnipro, damaging a warehouse belonging to Biosphere Corporation, a major producer of household goods with brands such as Freken BOK, Smile, PRO service, Novita, Vortex, Eventa, and LayKit.
Company founder Andriy Zdesenko confirmed that one employee was killed and several others were injured in the attack. Efforts are currently underway to contain the resulting fire and prevent it from reaching the company's production facilities.
While some of Biosphere’s production sites and warehouses had previously been relocated to other regions of Ukraine for safety, Zdesenko acknowledged that the strike was a significant blow to the business.
The missile strike also claimed the life of a 42-year-old man in the city and left several civilians injured, marking yet another tragic escalation in Russia’s ongoing assault on Ukrainian infrastructure.
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Anamika Mishra
[Sub Editor]
The Government of Andhra Pradesh has approved the allocation of a captive port to ArcelorMittal Nippon Steel India Ltd. (AMNS) at D.L. Puram in Anakapalli district. The designated site includes a 2.90-km waterfront, located beyond the three-nautical-mile buffer zone defined under the Naval Alternative Operations Base (Rambilli port) guidelines. The allocation is conditional upon AMNS obtaining clearances from the Ministries of Defence, Home Affairs, Shipping, and other statutory authorities.
As per the government order issued by N. Yuvaraj, Secretary of Industries & Commerce (Ports), AMNS had proposed a port-based integrated steel plant at Rajayyapeta in the district. The plant will be developed in phases, starting with a capacity of 7.30 million tonnes per annum (MTPA), followed by an expansion to 10.5 MTPA, with plans to eventually scale up to 20–24 MTPA, based on the availability of necessary infrastructure including land, water, electricity, roads, and port access.
AMNS emphasized the strategic need for a captive port to counter fluctuating domestic and global raw material prices and to ensure economies of scale in logistics. The state government has extended incentives and facilitation support for the project, contingent on AMNS adhering to agreed timelines, investment, and employment commitments outlined in the detailed project report.
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.
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