Page 39 - Chemicals

Praxair signs agreement for purchase of liquid helium from Poland's PGNiG

With this, Praxair aims to expand its helium business in Central Europe

Sika opens construction chemicals plant in Australia

The new site will increase capacities for concrete admixtures and synthetic fibers, improve finished goods warehousing and logistics and accommodate future mortar production facilities

Amgen and Daiichi Sankyo to jointly commercialise biosimilars in Japan

The deal includes several products in late-stage development, including biosimilars of adalimumab, bevacizumab and trastuzumab

Mosaic Company to idle potash mine in Canada

The move is intended to allow Mosaic to meet customer demand while adapting to challenging potash market conditions

Danfoss acquires heat transfer specialist Sondex

With this acquisition, Danfoss will further strengthens its position in the global market for heat transfer solutions

Cabinet gives nod to revive 3 defunct fertiliser units

The setting up of new units at Sindri, Gorakhpur and Barauni will meet the growing demand of urea of Bihar, West Bengal and Jharkhand

Vascon Engineers opens clean room partitioning systems plant in Thane

While clean room partitioning systems are mainly used in pharma and healthcare industry, demand is also expected to come from defence, auto component, semi-conductor and solar sectors

Granules India buys 12.5% stake in USpharma

With this, Hyderabad based pharma company will have right of first refusal to market the select products which are under development by USpharma

Shell Lubricants selects India for global launch of new hydraulic oils

New products - Shell Tellus S2 MX and Shell Tellus S2 VX hydraulic oils - will be manufactured at its Navi Mumbai facility and will be available to the customers in September this year

Celanese appoints Dr Verghese Thomas as chief technology & innovation officer

Dr Thomas is currently the global technology & innovation director of the Celanese engineered materials and EVA polymers businesses

Prince Pipes promoter buys minority stake in Vikas Ecotech

Apparently, both the companies are already into business dealings - with Vikas Ecotech being strategic supplier of specialty chemicals to Prince Pipes

Indian companies gearing up to solve the biosimilars puzzle

US President is pushing for setting the exclusivity period for biologic drugs at 7 years instead of 12. If this happens, Indian companies should be ready for a windfall of opportunities

Fairfax controlled Adi Finechem and Privi Organics to form specialty chemicals JV

Yesterday, Canadian investment holding company Fairfax India announced acquisition of 51% stake in Privi Organics for Rs 370 crores (approximately $55 million)

AMRI completes acquisition of Italian API maker Euticals

The acquisition positions AMRI as one of the largest independent developers and suppliers of active pharmaceutical ingredients (APIs) to the pharmaceutical industry in Europe

Apax Partners acquires subsidiaries of Spanish pharma firm Invent Farma

This follows Apax Partners' recent acquisition of Neuraxpharm Arzneimittel GmbH, a leading German pharmaceutical company

Nanotechnology breathes life into cosmeceuticals

Nanoparticles are transforming the cosmetics industry, with many companies focusing on developing nanoparticles for applications in cosmeceuticals, says Dr Mosongo Mouka

Why 'quality' should matter for Make in India campaign

As India gallops with rest of the economies, a rigorous system of standards, replete with robust mechanisms for implementation and enforcement, is crucial for sustained growth, says Suresh Sugavanam

Cipla aims to make biosimilars affordable with new South African plant

The new plant, to be built with an investment of about Rs 600 crore, will be run independently of existing pharma manufacturing division, Cipla Medpro Manufacturing

HP ropes in German specialty chemicals firm Evonik for new 3D printing materials

Evonik expects to see further development in additive manufacturing technologies in large-scale production of components, which are used in the automotive and aircraft industries

Arkema opens Bostik adhesives plant in Sweden

The facility enlarges the firm's manufacturing footprint in Europe and will produce a variety of cement-based construction products including tile adhesives, mortars and flooring products