Page 21 - B2B Connect
BASF to set up plastic additives plant in Shanghai
The plant, with a capacity of 42,000 tonnes per annum, will produce antioxidants
 "BASF to set up plastic additives plant in Shanghai")
Evonik buys German cosmetic ingredients maker Dr Straetmans
The move to help Evonik to provide an alternative preservation systems for cosmetic products
 "Evonik buys German cosmetic ingredients maker Dr Straetmans")
Ducon eyes acquisitions in North America & Europe to accelerate growth
To pursue inorganic growth, it plans to buy companies having annual sales ranging from $5?$50 mn
 "Ducon eyes acquisitions in North America & Europe to accelerate growth")
L&T Electrical & Automation bags Rs 500 crore order from Qatar Rail
It will provide & maintain a network-wide building automation & control systems for 37 stations
 "L&T Electrical & Automation bags Rs 500 crore order from Qatar Rail")
Ramco bags contract from New Zealand's fertiliser company Ravensdown
By using Ramco Aviation Suite, Ravensdown Aerowork aims to improve operational efficiencies
 "Ramco bags contract from New Zealand's fertiliser company Ravensdown")
Cabinet clears policy offering pricing freedom for coal bed methane gas
The policy is expected to incentivise the CBM operation in the country to boost gas production
 "Cabinet clears policy offering pricing freedom for coal bed methane gas")
Japanese trade organisation partners Snapdeal to sells products in India
JETRO to offer products in categories such as electronic devices, kitchenware, personal care etc
 "Japanese trade organisation partners Snapdeal to sells products in India")
Cabinet gives nod to sale of Indian Oil's 24% stake in Lubrizol India
The sale is expected to help Lubrizol India in gaining access to latest global additive technologies
 "Cabinet gives nod to sale of Indian Oil's 24% stake in Lubrizol India")
Tata Power Solar expands Bengaluru manufacturing facility
To meet growing demand for modules, it raises capacity of module & cell by 100% & 65%, respectively
 "Tata Power Solar expands Bengaluru manufacturing facility")
Mylan inks settlement pact with Genentech & Roche on cancer drug Herceptin
Trastuzumab (Herceptin) is one of the 6 biologic products co-developed by Mylan & Biocon
 "Mylan inks settlement pact with Genentech & Roche on cancer drug Herceptin")
US FDA lifts import alert imposed on Sun Pharma's Mohali facility
Move clears the way for supply of products from Mohali facility to the US market
 "US FDA lifts import alert imposed on Sun Pharma's Mohali facility")
Directives in diagnostics: A pressing need
With better regulations & monitoring in place, diagnostic sector can gain a lot, says Ameera Shah
 "Directives in diagnostics: A pressing need")
Alkem's Baddi manufacturing facility receives 3 observations from US FDA
US FDA had conducted an inspection at Alkem's Baddi facility from March 2-10, 2017
 "Alkem's Baddi manufacturing facility receives 3 observations from US FDA")
BeiGene & Guangzhou Development District to set up $ 330 mn biologics plant
JV will also provide funding for research and development of biologic drug candidates in China
 "BeiGene & Guangzhou Development District to set up $ 330 mn biologics plant")
Germany's Merck plans divestment of biosimilars business
Merck has a strategic alliance with India's Dr Reddy's Labs to co-develop multiple cancer drugs
 "Germany's Merck plans divestment of biosimilars business")
Global fluorosurfactants market to reach $ 667 million by 2021
Asia-Pacific region to be the largest market for fluorosurfactants, says Markets and Markets report
 "Global fluorosurfactants market to reach $ 667 million by 2021")
Shell divests oil sands interests in Canada for $7.25 bn
The company sold its stakes to Canadian Natural Resources Limited
 "Shell divests oil sands interests in Canada for $7.25 bn")
Henkel buys Mexican hair care company Nattura Laboratorios
Acquisition of hair professional business in Mexico and US to strengthen its beauty care business
 "Henkel buys Mexican hair care company Nattura Laboratorios")
M&A activity in chemical industry to persist in 2017: Dr Mosongo Moukwa
Limited returns on organic growth are forcing firms to look at M&As to sustain high valuations
 "M&A activity in chemical industry to persist in 2017: Dr Mosongo Moukwa")
Wacker to invest € 85 mn in Norway site to increase silicon metal capacity
Silicon metal is used for producing silicones & hyperpure polysilicon - key products of Wacker
 "Wacker to invest € 85 mn in Norway site to increase silicon metal capacity")
