Page 67 - B2B Connect
National Fertilizers awards EPC contract to Nuberg for sulphur bentonite plant
The plant, to be set up at Panipat (Haryana), will manufacture 25,000 MTPA of sulphur bentonite, an eco-friendly fertiliser used in agriculture for better productivity and yield
 "National Fertilizers awards EPC contract to Nuberg for sulphur bentonite plant")
Escorts divests auto products business to Badve Engineering
The company has divested the OEM & exports business of auto product division to focus on its core verticals in the agri-machinery, construction equipment and railway equipment
 "Escorts divests auto products business to Badve Engineering")
Hero Future awards contract to Gamesa for two wind energy projects
Gamesa received orders for 120 MW and 50 MW wind energy projects located at Kalyandurg (Andhra Pradesh) and Bableshwar (Karnataka), respectively
 "Hero Future awards contract to Gamesa for two wind energy projects")
Shree Pushkar plans commercial production at fertiliser plant in Sept
The company is setting up a plant for manufacturing sulphate of potash (SOP), a soluble potassic fertiliser, with a capacity of 10,000 metric tonnes per annum
 "Shree Pushkar plans commercial production at fertiliser plant in Sept")
Jindal India selects CMI FPE for supply of two processing lines
The Indian arm of Belgian firm will supply continuous galvanising and colour coating lines which will be installed at Jindal India's Kolkata site by mid-2017
 "Jindal India selects CMI FPE for supply of two processing lines")
Lupin receives US FDA for electrolyte replenisher
The approved product, potassium chloride extended-release tablet, is a generic version of Upsher-Smith Labs' Klor-Con tablet
 "Lupin receives US FDA for electrolyte replenisher")
Sun Pharma extends patient support program for cancer drug in US
Started as part of the imatinib mesylate launch in February 2016, the program is aimed at delivering greater access to the drug to patients
 "Sun Pharma extends patient support program for cancer drug in US")
Skipper to set up facility for engineering and polymer products in Assam
The company will invest Rs 70 crore in the new facility, which have capacity to produce 30,000 tonne and 7000 tonne of engineering and polymer moulded products respectively
 "Skipper to set up facility for engineering and polymer products in Assam")
Linc Pen plans to set up manufacturing facility in Gujarat
The proposed plant at Umbergaon (Gujarat), to be built with an investment of Rs 26 crore, will have capacity to produce 1.25 crore pens per month
 "Linc Pen plans to set up manufacturing facility in Gujarat")
DCM Shriram plans Rs 97 cr investment to expand chlor alkali capacity in Rajasthan
The company is planning to increase the capacity at Kota plant from 330 tonnes per day (TPD) to 410 TPD
 "DCM Shriram plans Rs 97 cr investment to expand chlor alkali capacity in Rajasthan")
Vikas Ecotech records 72% jump in sales in Q1 FY17
Operation efficiency and savings in raw material costs helped in margin improvements
 "Vikas Ecotech records 72% jump in sales in Q1 FY17")
Uflex offers anti-counterfeiting solution to Nescafe
The company has engineered custom-made Seal of Authenticity for Nescafe Classic offering it tamper-proof brand protection
 "Uflex offers anti-counterfeiting solution to Nescafe")
Norway's Yara acquires Tata Chemicals' urea business for $ 400 million
The company has acquired TCL's Babrala urea plant, which has annual production of 0.7 million tonnes (MT) ammonia and 1.2 MT urea, and distribution business in Uttar Pradesh
 "Norway's Yara acquires Tata Chemicals' urea business for $ 400 million")
Indorama inks metaxylene supply agreement with Spain's Cepsa
Metaxylene is a key feedstock for the production of isopthalic acid, a high value-added chemical additive used in the manufacture of PET, coatings and other resins
 "Indorama inks metaxylene supply agreement with Spain's Cepsa")
SRF to invest Rs 345 crore in two chemical plants
It will spend Rs 165 crore and Rs 180 crore at its Dahej manufacturing site for setting up chloromethane and specialty chemicals plants, respectively
 "SRF to invest Rs 345 crore in two chemical plants")
Teva acquires US-based drug distributor Anda for $ 500 mn
Acquisition of Anda Inc, the fourth largest distributor of generic pharmaceuticals in the US, will significantly strengthen Teva's extensive supply chain network in the US
 "Teva acquires US-based drug distributor Anda for $ 500 mn")
Natco Pharma receives US FDA approval for generic Tamiflu capsules
Tamiflu oral capsules (Roche's trade name for oseltamivir phosphate) had US sales of about $ 403 million for twelve months ending December 2015, according to IMS Health
 "Natco Pharma receives US FDA approval for generic Tamiflu capsules")
Dr Reddy's completes acquisition of product portfolio from Teva
The combined sales of the branded versions of these products in the US is about $ 3.5 billion MAT for the most recent twelve months ending in June 2016, according to IMS Health
 "Dr Reddy's completes acquisition of product portfolio from Teva")
Essar Oil plans Rs 1,600 cr investment in Vadinar refinery to boost GRMs
While it has already invested Rs 400 crore during planned shutdown, it will spend additional Rs 1,200 crore over 2-3 years for upgradation
 "Essar Oil plans Rs 1,600 cr investment in Vadinar refinery to boost GRMs")
Zeon and Sumitomo Chemical plan consolidation of S-SBR businesses
Two companies will look into forming a new JV and will transfer their current S-SBR operations, including those of their respective subsidiaries, to the new company
