Page 53 - B2B Connect

Cisco to invest in manufacturing operations in India

The investment will provide a major boost to the government's plan to attract global electronics companies for setting up production base in the country as part of its Make in India initiative

Effective implementation of standards will help win trust of Indian consumer

Stringent compliance automatically entails increased global market access and a heightened reputation for brands, translating into higher sales, says Suresh Sugavanam

Huntsman appoints Harshad Naik as MD for India Subcontinent

Naik succeeds Rohit Aggarwal who was appointed president of textile effects division in July this year

US-based PolyOne to build specialty engineered materials plant in Pune

Initial production at the new unit, which is expected to begin production in January 2017, will include specialty engineered polymer materials used in high performance applications

Merck and PolyOne to collaborate for plastics with 3D effect

Long-term strategic partnership aimed at innovative plastics technologies with pearlescent pigments

Engel Group buys MES provider TIG

With this investment, Engel is consolidating its position as a leader in the area of manufacturing execution systems (MES) for the plastic injection moulding industry

BASF & Avantium form JV to make bio-material for polymers

The JV, named Synvina, will manufacture bio-based furandicarboxylic acid (FDCA) as main building block for the new polymer polyethylenefuranoate (PEF)

Cosmo Films to set up manufacturing facility in Maharashtra

The company has acquired 34 acres of land, adjacent to its existing unit at Waluj (Aurangabad, Maharashtra), for setting up the new plant

Mahindra group becomes first Indian company to announce carbon price

The company's carbon price, of $ 10 per tonne of carbon emitted, is aligned with its business commitment to reduce its greenhouse gas (GHG) emissions by 25% over the next three years

Total sells Atotech to Carlyle Group for $3.2 billion

The deal is part of the $10 billion divestment program over 2015-2017 announced by the Total Group

Carbon fibre reinforced plastics market to reach $27.98 bn by 2024

Automotive is the fastest growing segment of carbon fibre reinforced plastic (CFRP) market with a market share of 19.7% of the total volume in 2015, says a Grand View Research report

Mylan agrees for $ 465-mn settlement with US DoJ for EpiPen auto-injector

The company has agreed for the payment to resolve questions that have been raised about the classification of EpiPen auto-injector for purposes of the Medicaid Drug Rebate Program

Dr Reddy's Labs forays into Colombia

The company will launch its portfolio of high quality and affordable medicines for cancer patients in the Colombian pharmaceutical market

Piramal Enterprises buys Janssen's five injectable products for $ 175 mn

The acquisition of anaesthesia and pain management products will enable PEL's critical care division to tap the global generic injectable hospital drug market, which is estimated at about $ 20 bn

Indian biosimilars market to reach $ 40 bn by 2030: Study

With a new regulatory policy and increased affordability offered by biosimilars, the domestic market is expected to grow at an accelerated pace, says a Assocham-Sathguru Management report

Reliance Defence partners Allrig to provide MRO services to oil & gas industry

Association intends tap opportunities in the oil & gas sector located in the Indian sub-continent and South-East region and the market for which is estimated at Rs 7,000 crore

Henkel opens acoustic lab in Pune for automotive industry

The lab will enable the company to offer cutting-edge solutions to meet the evolving and challenging requirements of customers in the area of noise, vibration and harshness

Fiem Industries ties with two Japanese firms to make auto components

The company has signed agreement with Aisan Industry Co Ltd and Toyota Tsusho for manufacturing canister, an emission control system product used in automotive industry

Lupin to use MonoSol technology for developing paediatric products

The Mumbai-headquartered will develop multiple paediatric products utilising the US-based MonoSol Rx's proprietary PharmFilm drug delivery technology

Pollution control board issues closure order to Deepak Nitrite's unit in Hyderabad

The order has been issued for one of its three manufacturing units situated at Hyderabad, which manufactures DASDA - a chemical used for production of optical brightening agents