Page 11 - B2B Connect

AkzoNobel & Atul to start monochloroacetic acid production in India in 2019

Each partner to hold a 50-percent stake in the joint venture, to be registered as Anaven

Germany's Merck & Stelis Biopharma open bioprocess scale-up lab in India

Lab, based at Bengaluru, provides end-to-end solutions from bioprocess development to manufacturing

Clariant & Huntsman merger to create $13 bn specialty chemicals behemoth

More than $3.5 billion value creation through annual cost synergies in excess of $400 million

New era of connected world

In next 10 years, the Internet of Things revolution will dramatically alter manufacturing sectors

Diagnostics in India: Full-throttle growth expected in the near future

Govt's universal health plan is expected to cost an estimated Rs 1.6 trillion over the next 4 years

Drive services in a digital world

Remote digital service centers for drives are set to transform industrial productivity

Alternative chemicals separation technologies are worthwhile investments

Membrane & sorbent technologies have potential to make separation methods 10X more energy efficient

ExxonMobil Chemical to acquire Jurong Aromatics' plant in Singapore

Plant will enable cost-competitive growth of ExxonMobil's strategic aromatics business

CMI bags Rs 86 cr contract from Railways for supply of signalling cables

Supply of signalling cables & quad cables to railways contributed 45% to CMI's revenues in 2016-17

Hindalco arm Novelis forms JV with Japan's Kobe Steel in South Korea

Aluminium products maker to sell 50% stake in its South Korean facility to Kobe Steel for $ 315 mn

Tata Chemicals buys Unnati Inorganics' precipitated silica operation

This specialty chemical product represents a downward value addition to TCL's soda ash business

Praj starts second generation bio-refinery demo plant for renewable fuels

It will produce 1 MLPA ethanol by processing agri-residues like rice & wheat straw, cane trash, etc

US Court rules in favour of Zydus in ulcerative colitis drug patent case

It ruled that Zydus' generic version of Lialda (mesalamine) does not infringe patent of Shire

Natco launches blood cancer drug pomalidomide in India

Pomalidomide is sold by Celgene Inc in the US, under the brand name Pomalyst

Viking Plastics acquires Kentucky Manufacturing & Technology

Acquisition enables Viking Plastics to expand into Southeast US and into new markets

Kohlberg buys Pexco, merges with PPC Industries to form Spectrum Plastics

Increases breadth & depth of plastic & material solutions primarily for the medical device market

Vikas Ecotech bags order for organotin stabilisers from Mexico's Mexichem

The organotin stabiliser will be used in the manufacturing of food-grade PVC compounds & pipes

Japan's Orix Corp partners with Sun Group for solar business in India

The Japanese firm invests in Sun Renewables, which is into distributed generation solar business

Torrent Pharma buys two gynaecology products from Swiss firm Novartis AG

Acquisition of Regestrone & Pregachieve brands to further fortify Torrent Pharma's hormone segment

PI Industries partners with Germany's BASF for crop protection solutions

The company will market BASF's fungicides & herbicides for rice, maize, fruits & vegetables markets