Page 85 - Chemicals
Chemical sales in Germany up 0.5% in H1 2015, chemical prices down 3%
The devaluation of the Euro stimulated overseas exports while the domestic demand for chemical products remained restrained, says German chemical industry association (VCI)
 "Chemical sales in Germany up 0.5% in H1 2015, chemical prices down 3%")
French firm Arkema expands Bostik adhesives facility in Bangalore
With the new hot melt pressure sensitive adhesives (HMPSA) production units, Bostik will be able to serve customers in the disposable hygiene market
 "French firm Arkema expands Bostik adhesives facility in Bangalore")
Lupin to expand US generic business with acquisition of Gavis for $880 mn
With this acquisition, the Mumbai-based pharma firm will get access to Gavis Pharma's New Jersey based manufacturing facility - Lupin's first manufacturing site in the US
 "Lupin to expand US generic business with acquisition of Gavis for $880 mn")
Gamesa bags 250-MW wind power project from Orange Renewable
As per deal, Gamesa will deliver two 100 MW wind power projects in Andhra Pradesh and Madhya Pradesh; and 50 MW in Madhya Pradesh
 "Gamesa bags 250-MW wind power project from Orange Renewable")
Turkish firm Ciner buys stake in OCI Resources
This follows OCI Enterprises (a subsidiary of South Korea's OCI Company) announcement in June 2015 that it was evaluating strategic alternatives for its stake in OCI Resources
Solvay plans to set up hydrogen peroxide plant in Russia
The company, in collaboration with Siberwood Llc, is exploring construction of new hydrogen peroxide capacity in Russia, using Solvay's innovative myH2O2 technology
 "Solvay plans to set up hydrogen peroxide plant in Russia")
France's Deinove produces muconic acid using bacteria
Using its proprietary metabolic engineering tools, Deinove R&D has successfully designed a Deinococcus bacterium capable of producing renewable muconic acid
 "France's Deinove produces muconic acid using bacteria")
ArcelorMittal plans plant to make bioethanol from steel industry waste
The company will collaborate with LanzaTech and Primetals to construct Euro 87-million biofuel production facility at ArcelorMittal's steel plant in Ghent, Belgium
 "ArcelorMittal plans plant to make bioethanol from steel industry waste")
PE firm Fidelity to invest in Cipla's consumer healthcare business
Partnering with Fidelity Growth Partners, a long-term strategic and financial investor, is likely to help Cipla in growing its newly formed consumer healthcare business
 "PE firm Fidelity to invest in Cipla's consumer healthcare business")
Reliance ropes in Italy's Versalis to market styrene butadiene rubber in China
Versalis will distribute RIL's SBR in China, where the automotive and tyre industries are developing rapidly and represent a massive potential for rubber producers
 "Reliance ropes in Italy's Versalis to market styrene butadiene rubber in China")
Avcorp acquires aerostructures division of Hitco Carbon Composites
Addition of Hitco, a subsidiary of SGL Carbon, will significantly expand the capabilities of Avcorp in composites
 "Avcorp acquires aerostructures division of Hitco Carbon Composites")
Sanofi restructures global business units to drive future growth
The company has created 3 new GBUs for general medicines & emerging markets, specialty care and diabetes & cardiovascular to simplify the organisation to drive growth
India's IPR Policy to fully protect patents: Nirmala Sitharaman
The final draft of the National IPR Policy has been circulated for inter-ministerial consultation and is likely to be put up to the Union Cabinet for approval soon
 "India's IPR Policy to fully protect patents: Nirmala Sitharaman")
Valeant Pharmaceuticals acquires Egyptian firm Amoun Pharma for $800 mn
Canadian firm aims to use Amoun as a platform for further expansion in the broader Middle East and North Africa pharmaceutical market
 "Valeant Pharmaceuticals acquires Egyptian firm Amoun Pharma for $800 mn")
IOL Chemicals receives US FDA approval for ibuprofen facility in Punjab
Post this approval, IOLCP will be able to garner additional business for its flagship API ibuprofen in world's largest pharma market USA
 "IOL Chemicals receives US FDA approval for ibuprofen facility in Punjab")
MWV Specialty Chemicals to be named as Ingevity
The separation is expected to be executed by means of a tax-free spinoff of the Specialty Chemicals business to shareholders of WestRock Company
DuPont ties up with New Tianlong Industry to set up cellulosic ethanol plant in China
This will the first advanced renewable fuel project in China
 "DuPont ties up with New Tianlong Industry to set up cellulosic ethanol plant in China")
'Make in India' wins US-based Frost & Sullivan's manufacturing award
The award was presented in recognition of the contribution of the Make in India program's vision and implementation excellence to give a boost to manufacturing
Indian Oil opens oil jetty for Paradip refinery
The South Oil Jetty will enable Paradip refinery for import of crude oil and export of products
 "Indian Oil opens oil jetty for Paradip refinery")
BASF opens new research building in Germany
The company has used BASF's innovative materials in the construction process of the new Ludwigshafen research site, built with an investment of around Euro 50 million
 "BASF opens new research building in Germany")
