Page 64 - B2B Connect

Commercial Syn Bags to invest Rs 28 cr for expansion of Indore plant

The expansion project, which is expected to be commissioned in July 2017, will produce fabric, lamination and food grade jumbo bags and flexible intermediate bulk container (FIBC) bags

Technip and Metabolic Explorer plan to combine polymer technologies

Two sides are looking at the feasibility of offering a combined technology package consisting Metabolic Explorer's PDO and Technip's PTT technologies

Showa Denko & JX Nippon buys LyondellBasell's stake in PP JV

SDK Sunrise Investment (SSI), owned by Showa Denko and JX, will purchase LyondellBasell's 50 percent stake in polypropylene (PP) JV SunAllomer

DSM and NHU inaugurate JV for high performance PPS compounds

Polyphenylene sulfide (PPS) products, which are branded Xytron PPS, are targeted primarily at automotive, electrical and electronics, water management and industrial markets

Platinum Equity buys two business units of Broadway Industrial Group

The Los Angeles-based private equity firm has acquired foam plastic solutions (FPS) and flow control devices (FCD) businesses of Singapore-based Broadway Industrial Group

Metabolix sells biopolymer assets to CJ CheilJedang

As per the agreement, Metabolix will transfer to CJ a portfolio of IP that includes patent rights covering the production and use of PHA (polyhydroxyalkanoate) biopolymers

Molex acquires pharma packaging firm Phillips-Medisize

The Wisconsin-based global design and manufacturing company specialises in custom solutions that require advanced moulding and assembly for medical device OEMs

IBM and Stanford University collaborate to develop plant-based plastics

Scientists have identified a chemical catalyst that can be used to create cheaper, biodegradable plastics from plants such as palm trees and beets

Henkel expands capabilities of Pune innovation centre with two labs

The company has invested in two dedicated laboratories for maintenance repair & overhaul (MRO) and acoustic

Govt plans to set up research institute for fertilisers

Indian Council for Fertilizers Research, to be set up on the lines of ICMR (Indian Council of Medical Research) and ICAR (Indian Council of Agricultural Research)

Jubilant Life receives US FDA approval for hypertension drug telmisartan

The approved product - telmisartan tablet - is a generic version of Boehringer Ingelheim Pharmaceuticals' Micardis tablet

Manpasand Beverages opens manufacturing facility in Haryana

The fruit-based beverages company has invested Rs 160 crore in the new facility at Ambala, which will take its production capacity up by 45,000-50,000 cases per day

Renewables and microgrid tech key to drive India's eco-efficient data center growth

Microgrid technology, which provides an approach that balances multiple resources such as the grid, diesel generation, and renewables, is used globally to power remote industrial facilities

Germany's Fresenius Kabi to invest $ 250 mn to expand US manufacturing plant

The expansion, which will take place over the next 10 years, will significantly increase Fresenius Kabi's capacity to produce injectable generic pharmaceuticals

Perrigo acquire US distributor of healthcare products Geiss, Destin & Dunn

Acquisition will further strengthen Perrigo's US distribution and retail network, providing it direct access to the non-mass retail market

Pfizer to acquire oncology specialist Medivation for $ 14 bn

The addition of Medivation will strengthen Pfizer's position in oncology, one of its key focus areas to drive growth in the long-term

Gail to use fuel cell technology to generate clean energy

For this, the company has partnered with the US-based Bloom Energy, which provides solid oxide fuel cell technology that generates onsite power from multiple sources

Inverted duty structure hurting Indian toy manufacturers

As a result, importing of toy attracts 5% duty, whereas importing raw materials for domestic manufacturing attracts 20-30% duty, making domestic production costlier, says Assocham

Gulf Petrochem to distribute IPOL lubricants in UAE & Oman

For this, the company has partnered with UAE's NGC Energy and Oman's National Gas Company SAOG

Dam-based rooftop plants can save water evaporation losses in India

Canal and dam-based rooftop plants produce power with less or no cost of land, and addresses issues of water & energy security, as per the recent Assocham-EY study