Page 72 - Chemicals

ICMR's biomedical research centre in Hyderabad receives Cabinet nod

National Resource Facility for Bio-medical Research (NARF) will be built with an investment of Rs 338 cr by the Indian Council for Medical Research (ICMR)

IOL Chemicals raises ibuprofen capacity to 6200 tpa

Expansion follows a de-bottlenecking project undertaken by the company at an estimated cost of Rs 24 crores

Take Solutions buys Ecron Acunova to expand into biosimilars space

The acquisition of Ecron Acunova will enable Take Solutions to add expertise in the areas of biosimilars, regenerative medicine and diagnostic imaging agents segments

Agrochemicals firm Insecticides India launches mobile app

The first initiative of its kind, IIL's mobile app is available for farmers, shopkeepers/dealers to help them get first hand and credible information on its products

STEER develops technology to make jute-filled polypropylene compounds

The company claims jute polymers can be used in automobile parts, construction materials and cooking containers, thus giving a boost to Indian jute industry

Virginia Governor visits Uflex's India office

Invites flexible packaging company Uflex, which already has operations in Kentucky, to set up business in Virginia (USA)

BASF inaugurates toluene diisocyanate plant in Germany

Built with an investment of over Euro 1 billion, the plant will produce 300,000 metric tonnes per annum of TDI, a core component for polyurethanes

France's Air Liquide buys US-based Airgas for $13.4 bn

Integration of these two businesses will led to creation of the largest industrial gases company in the world

Roche to shut down 4 facilities to restructure production capabilities

The company will also invest CHF 300 million to strengthen development and launch capabilities for specialised medicines at Kaiseraugst, Switzerland

Future of branded drugs in a generic world

With many of the bestselling patented brands approaching patent expiration, pharma companies are looking at various strategies to 'save' their brands

Solar power to revitalise the Indian energy sector: KPMG

If combined with storage, solar rooftop power, which is already competitive compared to grid power, could be cheaper than grid power after 2022, says the new KPMG report

Toray to set up carbon fibre facility in US

This follows Japanese firm's agreement with Boeing to supply carbon fibre Torayca prepreg for its 787 Dreamliner and 777X aircrafts

Lanxess opens first production line for tyre curing bladders in Asia

With the new production line for Rhenoshape high-performance tyre curing bladders in China, Lanxess will offer comprehensive product portfolio for the tyre industry in Asia

Indorama acquires Cepsa's PIA, PET & PTA business in Spain

With this, Indorama becomes world's second largest producer of purified isopthalic acid (PIA)

Celanese to expand advanced materials portfolio with addition of PEEK

With the addition of polyether ether ketone (PEEK), Celanese will be able to serve moulders, extruders and end users in key industries including automotive, electronics & electrical, medical, etc

Celanese to expand acetic acid and VAM capacity in North America

The company will raise the capacity of acetic acid and vinyl acetate monomer (VAM) by 150 kilo tonne (kt) at its Clear Lake (Texas) facility

Cabot to shut down carbon black facility in Indonesia

As a part of the company's consolidation strategy, Cabot will use its Cilegon (Indonesia) and other Asian & global carbon black production sites to meet the regional demand

BASF aims to locate 25% of global R&D activities in Asia Pacific

The company, which opened the second phase of Innovation Campus in Shanghai, is investing Euro 50 mn in building a new Innovation Campus in Navi Mumbai, India

APL Apollo aims to raise steel tubes capacity to 2.5 mn tonne by 2020

The company is also planning to set up manufacturing facilities in Eastern India and Middle East

DuPont names Edward Breen as chair and CEO

Breen, who joined the company's board in February 2015, has been the interim chair and CEO of DuPont since October 16, 2015 after Ellen Kullman retired