Page 49 - B2B Connect

Adani & Israel's Elbit form JV for unmanned aerial vehicles

The JV, in which Adani group will own 51% stake with remaining stake held by the Israeli firm, aims to manufacture unmanned aerial vehicles in India

Biocompatibles pleads guilty to misbranding, agrees to pay $ 36 mn

The medical device maker, who has pleaded guilty to misbranding its embolic device LC Bead, will pay the amount to resolve criminal liability and False Claims Act allegations

Merck invests Euro 250 mn to expand pharma business' production in China

The investment will support Merck's expansion in China, which is expected to become the world's second-largest pharmaceutical market by 2018

European Medicines Agency accepts Mylan-Biocon's insulin glargine application

Glargine is one of the three insulin analogs being co-developed for the global marketplace by Mylan and Biocon - who are partners for a broad portfolio of biosimilars and insulin analogs

Wacker to expand pyrogenic silica production in Germany

The company will expand the specialty HDK pyrogenic silica plant at Burghausen (Germany), increasing the capacity of hydrophobic specialties by 40 percent

Merck and Idemitsu to collaborate for OLED material development

Agreement will allow greater freedom for both companies to develop high-performance materials under specified conditions

Technip and FMC bag EPCI award for Statoil's Trestakk field development

While Technip will supply the flexible riser, production flowline, gas injection line, flexible jumpers & umbilicals, FMC Technologies will provide the subsea production system

Is customisation the future of personal care industry?

Rising technological developments and product innovations are projected to be introduced in the next five years in countries such as China, India, Japan and South Korea, says Dr Mosongo Moukwa

Trump Presidency could result in more US carbon emissions than a Clinton one

The US energy landscape is poised for a change under either President, but Trump's policies would leave emissions 16% higher after two terms than Clinton's, says Lux Research study

Pollution control board asks Bosch to stop operations at Jaipur plant

The order was issued to the Jaipur plant for alleged non-fulfilment of certain conditions with respect to wastewater treatment and reuse of the treated water

Advanced Enzymes buys 70% stake in APIs maker JC Biotech

The acquisition will strengthen Advanced Enzymes' leadership position in API serratiopeptidase with 80% market share and also enables its foray into biopharma & algal DHA

Smart way forward for Indian engineering industry

Going forward, integrating world class manufacturing and smart manufacturing practices is an effective answer to the challenges facing the engineering sector, says Aakash Borse

Praxair to supply oxygen & nitrogen for MEGlobal's ethylene glycol plant

As part of this project, Praxair will also construct a new carbon dioxide purification and liquefaction facility

Brenntag buys distribution business of EPChem in Singapore

The move with help the German chemical distribution company to strengthen its specialty chemicals business in Asia Pacific

Hero MotoCorp to invest Rs 205 cr in electric 2W developer Ather Energy

With this investment, Hero have approximately 26-30% stake in Ather, which is engaged in the business of designing and manufacturing smart electric vehicles (EV)

Sun Pharma buys US-based Ocular Technologies for $ 40 million

The acquisition of Ocular Technologies, which is developing Seciera for the treatment of Dry Eye Disease, will enhance Sun Pharma's specialty ophthalmic pipeline

Dr Reddy's partners Gland Pharma in the US to market injectables

Through this alliance two companies are aiming to target a range of injectable products - the combined annual sale of which (branded as well as generics) is estimated at about $ 1 billion

Trinseo to increase capacity of styrene butadiene rubber in Germany

With this expansion, aimed at meeting growing customer demand for S-SBR in performance tyres, the company's global S-SBR production will go up 33 percent

Arkema increases Kynar fluoropolymer capacity in China

Capacity increase will help the company to meet growing demand for this product in Asia for applications such as new energies (batteries & photovoltaics) and water treatment

Lanxess' performance materials biz to increase focus on E&E industry

The company will adopt industry-appropriate orientation of product lines and services