Page 51 - B2B Connect

RIL's petrochemicals biz records revenue of Rs 22,422 cr in Q2 FY17

Rise in refining, petrochemical and retail businesses volumes helps Reliance Industries to increase turnover by 9.6% to Rs 81,651 cr in Q2 2016-17

Canadian Solar buys 49% stake in Suzlon's two solar projects

With this deal, Canadian Solar, which will acquire stakes in two solar projects of 15 MW each located in Telangana, will enter into Indian solar energy space

Suzlon opens rotor blade manufacturing unit at MP for wind energy sector

The unit at Badnawar (Ratlam) will manufacture rotor blades for its latest S111 2.1 MW turbines and have annual manufacturing capacity of 400 MW

HCL buys US-based Butler Aerospace for $ 85mn

With this acquisition, HCL strengthens its position in the aerospace and defence engineering services space

Manufacturers have to give details of emission levels for vehicle

From April 1, 2017, the manufacturers will have to give detailed declaration about the emission levels of the vehicle they have manufactured

Evonik begins work on $550-mn methionine complex in Singapore

The second complex of methionine, which used as an animal feed additive, will double Evonik's production capacity in Singapore to 300,000 metric tonnes per annum

BASF to gradually restart steam crackers at fire-affected Ludwigshafen site

The company has also declared force majeure for the purchase of naphtha, ethylene and propylene following the fire, which has damaged various pipelines

Praxair and GE Aviation form JV to develop specialised coatings

The JV company, PG Technologies, will focus on development and application of specialised coatings tailored for GE Aviation's and CFM International's current and future engine models

India's rooftop solar capacity reaches 1,020 MW

OPEX model, where a third party developer finances and installs the system on rooftop owner/consumer's premises and sells all power output to him, takes hold in India, says Bridge To India

NICPR and All India Institute of Ayurveda ink MoU for cancer research

The two sides will set up a Center of Integrative Oncology at Noida centre of National Institute of Cancer Prevention and Research (NICPR)

Reliance to shutdown FCC unit in Jamnagar refinery for maintenance

The shutdown, which will start from the second week of November 2016 for about 5 weeks, will provide an opportunity to carry out a revamp job in one of the polypropylene units

Thirumalai Chemicals plans expansion in India and Malaysia

Through these expansion projects, the company will increase capacity of phthalic anhydride, maleic anhydride, food ingredients, fine chemicals, etc

Large scale imports of APIs from China worries Indian pharma industry

Overwhelming dependence on China for crucial active pharmaceutical ingredients (APIs) and intermediates has emerged as a main worrying area, as per the Assocham-RNCOS study

Canada's CDPQ to buy minority stake in TVS Logistics for Rs 1000 cr

Following this transaction, existing investors Goldman Sachs and KKR will fully exit their investments in TVS Logistics

Ceat launches 'Puncture Safe' tyres for two wheelers

The company will roll out the new range of tyres, currently available only in Andhra Pradesh and Telangana, in the other markets in a phased manner

Evonik to collaborate with HP to develop plastic powder for 3D printing

The German specialty chemicals company has produced special plastic materials, which allow for the industrial production of high-tech components in using 3D printing technologies

Solvay to expand sulfone polymer capacity in India

Expansion is part of the company's strategy to raise the global production of its high-performance sulfone polymers by 35 percent in the US and Asia

Celanese buys Italian thermoplastic compounder SOFTER Group

The acquisition will nearly double the number of Celanese global engineered materials product platforms

A Schulman to set up sheet moulding compound production line in Germany

The new production line will allow the company to produce its entire range of glass and carbon fibre sheet moulding compounds in Europe

Trinseo to build styrene butadiene rubber pilot plant in Germany

The pilot plant will allow for more efficient use of Trinseo's production facilities and help speed up innovation in the performance tyres market