Page 54 - B2B Connect

Sumitomo Chemical expands polypropylene compounds capability in India

With the production facility, having a capacity of 5,000 TPA, the Japanese firm aims to meet the growing demand for plastics from automotive manufacturers in India

Medical value travel industry in India to reach $ 9-bn by 2020: Study

Cost effectiveness and superior outcomes help India to emerge as one of the preferred global medical value travel destinations, says a FICCI-IMS Health study

Transformers and Rectifiers forms JV with China's Jiangsu Jingke

With this JV, which manufacture products such as GIS, HGIS, etc, the company has forayed into transmission and distribution (T&D) sector

ABB to install solar-based microgrid at Vadodara facility

The move, aimed at boosting renewable energy generation, will provide uninterrupted power supply to the company's largest manufacturing facility

Adani Group buys Reliance Infrastructure's transmission assets

The transaction is in line with RInfra's strategic plan of monetising non-core business and focus on major growth areas like defence and EPC business

Zydus to market immunosuppressant drug of Switzerland's Neovii in India

The company has inked in-licensing pact with Swiss firm for the launches Grafalon, an immunosuppressant extensively used in solid organ transplants and stem cell transplant

Jubilant's lyophilised kit for radiopharmaceuticals receives Australian approval

The company has received TGA's nod for lyophilised kit for the preparation of Technetium 99m Macro-Aggregated Albumin (MAA) injection

Praxair starts hydrogen plant for Repsol's refinery in Peru

The company's hydrogen plant will serve Repsol's 12 million-standard-cubic-feet-per-day steam methane reformer (SMR) located at Callao, near Lima, Peru

Linde and Evonik to collaborate for membrane gas separation

As per the agreement, Evonik's polymer-based membrane technology will be used in the gas separation and purification plants of Linde's engineering division

BASF to build vitamin A plant in Ludwigshafen

The new plant will increase the company's vitamin A capacity by 1,500 metric tonnes per annum

Mitsubishi Rayon & Lamborghini to jointly develop composites for automotive

While Mitsubishi will use its expertise in carbon fibre composite material, Lamborghini will bring in its technology and knowledge in developing light-weighted auto components

French chemicals firm Arkema to invest Rs 100 cr in resins facility in India

The facility, to be built at Navi Mumbai, will manufacture polyester powder resins, which are used in industrial coatings along with automotive and architectural applications

Australia's Nufarm off-loads stake in Excel Crop Care to Sumitomo Chemical

Japanese chemicals company has bought Nufarm's 14.69 percent stake in Excel Crop Care for about Rs 200 crores

Intas Pharma acquires Teva's UK and Ireland assets for GBP 603 mn

Acquisition will help Intas to strengthen its presence in European healthcare sector, one of its key overseas markets

Emergent BioSolutions bags $1.6 bn contract for anthrax vaccine in US

The company was awarded the contract by the Biomedical Advanced Research and Development Authority (BARDA) for advanced development & delivery of NuThrax vaccine

AbbVie opens small molecule API facility in Singapore

The facility, which marks AbbVie's first manufacturing presence in Asia, is the first phase of the project to develop a production site in Singapore which will also house a biologics facility

Blue Star forays into residential water purifiers market

The company aims to corner 15 percent marketshare of the residential water purifiers market, currently pegged at about Rs 4,200 crores, in about 3 years

Hero Motocorp undertakes drive against spurious parts suppliers

The company has conducted raids with Delhi police to seize more than 50,000 spare parts, counterfeit labels & packaging materials

Jubilant receives US FDA approval for Ruby-Fill in heart test

Ruby-Fill, for which the current estimated US market size is $ 76 million, has a potential to grow up to $ 250 million annually in the next five years

Jain Irrigation bags orders Rs 284 crores order for water supply projects

The company will be responsible for design & execution of water supply projects, located in Karnataka, and operation & maintenance (O&M) for 60 months