Page 28 - Chemicals

Total sells Atotech to Carlyle Group for $3.2 billion

The deal is part of the $10 billion divestment program over 2015-2017 announced by the Total Group

Dr Reddy's Labs forays into Colombia

The company will launch its portfolio of high quality and affordable medicines for cancer patients in the Colombian pharmaceutical market

Piramal Enterprises buys Janssen's five injectable products for $ 175 mn

The acquisition of anaesthesia and pain management products will enable PEL's critical care division to tap the global generic injectable hospital drug market, which is estimated at about $ 20 bn

Indian biosimilars market to reach $ 40 bn by 2030: Study

With a new regulatory policy and increased affordability offered by biosimilars, the domestic market is expected to grow at an accelerated pace, says a Assocham-Sathguru Management report

Henkel opens acoustic lab in Pune for automotive industry

The lab will enable the company to offer cutting-edge solutions to meet the evolving and challenging requirements of customers in the area of noise, vibration and harshness

Lupin to use MonoSol technology for developing paediatric products

The Mumbai-headquartered will develop multiple paediatric products utilising the US-based MonoSol Rx's proprietary PharmFilm drug delivery technology

Pollution control board issues closure order to Deepak Nitrite's unit in Hyderabad

The order has been issued for one of its three manufacturing units situated at Hyderabad, which manufactures DASDA - a chemical used for production of optical brightening agents

Sumitomo Chemical expands polypropylene compounds capability in India

With the production facility, having a capacity of 5,000 TPA, the Japanese firm aims to meet the growing demand for plastics from automotive manufacturers in India

Zydus to market immunosuppressant drug of Switzerland's Neovii in India

The company has inked in-licensing pact with Swiss firm for the launches Grafalon, an immunosuppressant extensively used in solid organ transplants and stem cell transplant

Praxair starts hydrogen plant for Repsol's refinery in Peru

The company's hydrogen plant will serve Repsol's 12 million-standard-cubic-feet-per-day steam methane reformer (SMR) located at Callao, near Lima, Peru

Linde and Evonik to collaborate for membrane gas separation

As per the agreement, Evonik's polymer-based membrane technology will be used in the gas separation and purification plants of Linde's engineering division

BASF to build vitamin A plant in Ludwigshafen

The new plant will increase the company's vitamin A capacity by 1,500 metric tonnes per annum

French chemicals firm Arkema to invest Rs 100 cr in resins facility in India

The facility, to be built at Navi Mumbai, will manufacture polyester powder resins, which are used in industrial coatings along with automotive and architectural applications

Australia's Nufarm off-loads stake in Excel Crop Care to Sumitomo Chemical

Japanese chemicals company has bought Nufarm's 14.69 percent stake in Excel Crop Care for about Rs 200 crores

Intas Pharma acquires Teva's UK and Ireland assets for GBP 603 mn

Acquisition will help Intas to strengthen its presence in European healthcare sector, one of its key overseas markets

Manali Petrochemical buys Notedome to tap polyurethane market in UK

The company has acquired the UK-based system house, which manufactures Neuthane polyurethane cast elastomers

Conquering the data mountain in manufacturing industry

The amount of data pouring out of plant operations on a daily basis is a familiar challenge for process manufacturers today

Evonik to expand membrane production in Austria

The company will double Sepuran production capacities for gas separation at its Schorfling site in Austria

Indian Oil Corp to spend Rs 9814 crore for expansion of two refineries

IOCL will invest Rs 8287 crores and Rs 1527 crores for expansion of refineries at Barauni (UP) and Panipat (Haryana), respectively

Researchers in Germany plan to produce formaldehyde from carbon dioxide

Experts from Heidelberg University, LMU Munich, BASF and the Hte company are exploring ways for CO2-based synthesis of the industrial chemical formaldehyde