Page 62 - Chemicals

Strides Shasun buys stake in Australian and Kenyan pharma firms

The company has acquired 51% stake in Australia's Generic Partners Holding and Kenya's Universal Corporation

IOC's Paradip Refinery to bring Rs 1 lakh crore investment in Odisha

Refinery will meet the fuel requirement of the state and IOC's upcoming polypropylene plant at Paradip will lead to the development of downstream petrochemicals sector

IOC eyes petrochemicals as future growth drivers

The company to set up petrochemicals complex in Paradip to make 700,000 tpa polypropylene and 350,000 tpa ethylene derivatives such as mono ethylene glycols (MEG)

Shree Pushkar Chemicals launches mixed fertiliser brand in Maharashtra

The mixed fertiliser, branded as Shriram Urja Mix, has been launched under a marketing tie-up with DCM Shriram

Apcotex buys emulsion polymers maker Omnova Solutions

The acquisition gives Apcotex an opportunity to grow in new adjacencies in emulsion polymers such as nitrile rubber, nitrile powder and nitrile/PVC blends

Bharat Biotech unveils first vaccine candidate for Zika Virus

The company will probably be the first in the world to file for global patent for Zika vaccine candidates

Birla Corp buys Reliance Cement for Rs 4,800 crore

RCCPL acquisition will enhance Birla Corp's cement capacity from 10 mtpa to 15.5 mtpa, while it will help Reliance Infrastructure to reduce debt

SRF commissions specialty chemicals plant in Dahej

The plant will manufacture specialty chemicals used in pharmaceutical sector

Germany's Evonik ties up with chemical institute ICT for R&D

Two sides have sealed a strategic partnership agreement for the purpose of collaborating in R&D projects in the field of chemical science

Dow appoints James Fitterling as president and COO

Fitterling will report to Dow's chairman and CEO Andrew Liveris, who will step down after the chemical company completes its merger with DuPont later this year

Mosaic to reduce phosphate production in view of weak demand

In response to subdued demand for crop nutrients, the company intends to reduce production by up to 400,000 tonnes with rotating plant shutdowns in the first quarter of 2016

Camlin Fine Sciences buys 65% stake in Mexico's Dresen

With the acquisition of Dresen, a supplier of specialty intermediates to feed, food and other industries, Camlin Fine Sciences aims to expand its market reach in America

Godrej Consumer buys Kenya-based Canon Chemicals

With this acquisition, Godrej Consumer Products will further build its presence in the African home and personal care products market

ChemChina to acquire crop protection firm Syngenta for $ 43 bn

Experts believe that the deal makes strategic sense as it allows Syngenta to expand in emerging markets and provides ChemChina access to latest crop protection technologies

PolyOne buys Kraton's thermoplastic elastomer assets for $ 72 mn

The acquired technologies serve markets such as adhesives, removable protective films, packaging, medical devices and personal care products

Maharashtra govt bans sale of liquor in plastic bottles

The ban, which comes into effect from April 1, 2016, will be applicable on liquors manufactured in Maharashtra as well as imported into the state

AMD Industries expands PET bottles capacity in Rajasthan

The company has set up 4 new production lines at its Neemarana facility in Rajasthan

Skipper commissions PVC products plant in Uttar Pradesh

With the commencement of the Sikandrabad plant, the company's combined installed capacity for PVC products will go up to 35000 MT

Abbott acquires point of care diagnostics firm Alere for $ 5.8 bn

With this, Abbott gains leadership in the $5.5 billion point of care segment, broadens diagnostics footprint and enhances access to fast-growing diagnostics channels

Improve varieties of medicinal plants to enhance farmer's income: Dr Harsh Vardhan

Minister urges scientists to take steps towards standardisation of ayurvedic drugs so that their use can be increased in health care