Page 56 - Chemicals

Drugs short supply in US offers huge opportunity for Indian pharma industry

Out of the 62 drugs that are in short supply in the US, Indian pharma industry exports only about 20 drugs. This indicates that there exists a huge potential for Indian drug manufacturers

Doctors Without Borders challenges Pfizer's pneumonia vaccine patent in India

With this, MSF or Doctors Without Borders, which claims Pfizer vaccine is highly priced, has become the first medical organisation to challenge a vaccine (biosimilar) patent in India

Southeast Asia can emerge as hub for bio-based chemicals: Report

Indonesia, Malaysia, and Thailand - the three largest producers of palm oil - are parlaying their natural strengths into the emerging bio-based materials and chemicals space, says Lux Research

Dottikon Exclusive Synthesis to invest $101 million in APIs facility

The investment will consist of the creation of additional chemical process development and production capacities for active pharmaceutical ingredients (APIs)

Lanxess donates Rs 53 lakhs to Teach For India

Since 2010, the specialty chemicals company has been associated with Teach For India, which focuses on providing quality education to children

Pfizer stops production of Corex cough syrup

The move follows a government notification banning over 344 drug combinations, which included fixed dose combination of chlopheniramine maleate and codeine syrup

GNFC & Belgium's EcoPhos to set up Rs 526 cr di-calcium phosphate plant

The plant, built with a capacity of 200,000 MTPA at Dahej, will use hydrochloric acid (HCl), generated from GNFC's new 50,000 MTPA toluene diisocyanate (TDI) plant, as raw material

Ramco bags order from Dubai-based RSA Logistics

RSA Logistics provides logistics & supply chain solutions to industries such as automotive, power generation, petrochemicals & chemicals and food & beverage

Indo Rama Renewables sells 30 MW wind farm in Maharashtra to Tata Power

The move to divest wind asset will provide an impetus to further grow polyester business of Indo Rama Synthetics India Ltd

Dr Reddy's ties up with Turkish firm TR-Pharm for biosimilars

A total of three products will be registered and subsequently commercialised as a part of this agreement by TR-Pharm in Turkey

Nanotechnology expanding in cosmeceuticals despite concerns: Dr Mosongo Moukwa

Though nanotechnology plays an important role in cosmeceuticals, concerns have been raised regarding the potential dangers that may occur when nanoparticles penetrate the skin

All SSP manufacturing units now eligible to avail subsidy

The Cabinet approves a policy which removes the minimum capacity utilisation criteria for single super phosphate (SSP) units to be eligible for availing Nutrient Based Subsidy (NBS)

ASR Logistics opens division in Dubai

The new division will focus on transportation, warehousing as well as distribution in the region

Welspun Corp wins pipeline supply contract in Middle East

The contract awarded for supply of 200 K MTs pipes for an offshore project in the Middle East

Linde begins production at air separation unit in Odisha

Built on the premises of Tata Steel's Kalinganagar plant, the unit will supply industrial gases to the steel maker

Clariant strengthens personal care ingredients portfolio with new launches

The company, which recently acquired a part of Vivimed Labs' personal care portfolio, aims to tap the market with a wide range of active ingredients for skin, hair, and oral care

Mitsui-Behn Meyer venture to set up fertiliser plant in Myanmar

Agri First Co, their Myanmar-based venture along with MAPCO, plans to invest approximately Yen 1.2 bn (about $ 10.50 mn) for setting up a fertiliser plant with capacity of 100,000 tonnes

Mitsubishi Rayon ropes in Arzeda for developing chemical building block

While Arzeda will utilise Archytas, its proprietary industrial protein design software, Mitsubishi Rayon will apply its expertise in process development and industrial scale-up

Lanxess completes Euro 20 mn expansion program for aromatics

The three-year investment program involved comprehensive modernisation project focusing mainly on facilities that make nitrotoluenes, chlorobenzenes, and their downstream products

VA Tech Wabag & IDE Technologies win Rs 594 cr wastewater treatment order

The project, based in Chennai, will convert the secondary domestic wastewater into recycled water, which will be supplied to various industries for reusing