Page 68 - B2B Connect
Brenntag to invest GBP 50 million in UK over 5 years
The focus will be on the life science sector, especially the food as well as the pharmaceutical and cosmetics sectors
Pondy Oxides to set up zinc metal facility at Sriperumbudhur
The facility will have capacity to produce 9000 MTPA and 3600 MTPA of zinc metal and zinc oxides respectively
Smart farming: The future of agriculture in the connected world
IoT, combined with big data, provides farmers with a wealth of information that they can use to maximise productivity and maintain the quality of food in the supply chain, says Robert Le Busque
 "Smart farming: The future of agriculture in the connected world")
Asian Paints to raise capacity of Sriperumbudur plant by 60,000 KL
In addition, the company is planning to augment the capacity of synthetic resins and emulsions at its Ankaleshwar (Gujarat) manufacturing facility by 35,000 MT
 "Asian Paints to raise capacity of Sriperumbudur plant by 60,000 KL")
Aurobindo Pharma receives US FDA nod for anti-infective drug
The approved product, linezolid injection 600 mg/300 mL (2 mg/mL), has an estimated market size of $ 87 million for the twelve months ending June 2016, according to IMS
 "Aurobindo Pharma receives US FDA nod for anti-infective drug")
Zydus acquires derma brand Melgain from Issar Pharma
With the acquisition of Melgain, used for the treatment of vitiligo, Zydus will strengthen its position in the Rs 6000 crore dermatology market
 "Zydus acquires derma brand Melgain from Issar Pharma")
Steel Strips Wheels bags $ 55 mn order from US-based Elio Motors
As per the order, which is one of SSWL's biggest export order in its history, the company will supply approximately three million wheels to the US firm spread over 5 years
 "Steel Strips Wheels bags $ 55 mn order from US-based Elio Motors")
Punj Lloyd arm PL Engineering sells UK subsidiary to Mitsui Group company
PL Engineering sold Simon Carves Engineering Ltd to Engineers and Constructors International Inc a design and engineering company belonging to Japan's Mitsui Group
Belgium's CMI to supply annealing line for JSW Steel's tinplate production plant
The new line, which will be built at JSW's Tarapur facility, will produce 208,000 tpa of steel substrate for tinplate, which will then be electroplated and used as packaging material
 "Belgium's CMI to supply annealing line for JSW Steel's tinplate production plant")
Sundaram Brake Linings starts production at modernised Chengalpet plant
The company had stopped production at the plant 4 in Mahindra World City (Chengalpet, Tamil Nadu) since February last year to upgrade the facility
 "Sundaram Brake Linings starts production at modernised Chengalpet plant")
Gamesa wins order for 90 MW wind power projects from SMDPL
The company has received the order from SMDPL, a JV between France's EDF Energies Nouvelles and New Delhi-based SITAC Group, for projects in three district of Gujarat
 "Gamesa wins order for 90 MW wind power projects from SMDPL")
Passing of the GST Bill is good news for Indian businesses: R Narayan
The GST will ensure that there is reduction in logistics costs bringing great relief to manufacturing SME sector
 "Passing of the GST Bill is good news for Indian businesses: R Narayan")
Astral ties up with Japan's Sekisui Chemical for CPVC resin
Indian firm will source chlorinated polyvinyl chloride (CPVC) resin from Sekisui Chemical for hot and cold water plumbing system
 "Astral ties up with Japan's Sekisui Chemical for CPVC resin")
Deepak Fertilisers to set up nitric acid plant in Dahej with Rs 550-cr investment
This marks DFPCL's maiden investment in manufacturing facility outside Maharashtra. The new project is scheduled to be completed by H2 of 2018
 "Deepak Fertilisers to set up nitric acid plant in Dahej with Rs 550-cr investment")
If GST tax is capped at 18-20%, it will benefit chemicals industry: Ajay Durrani
The trickle-down and cascading effects of the GST in other sectors such as logistics, manufacturing, auto and consumer products too will impact the chemicals and polymers industry
 "If GST tax is capped at 18-20%, it will benefit chemicals industry: Ajay Durrani")
HR has to be a change champion in evolving organisations: Cyrus Jalnawala
According to Cyrus Jalnawala, director - human resources (HR), Dow India, HR has to take the lead in equipping organisations facing challenges due to changing business climate
 "HR has to be a change champion in evolving organisations: Cyrus Jalnawala")
L&T-Mitsubishi Hitachi JV bags Rs 3,860 crore order for power project in UP
The JV, L&T-MHPS Boilers Pvt Pvt, has been awarded the contract by Neyveli Uttar Pradesh Power Ltd for construction of 3 x 660 MW Ghatampur Thermal Power Project
 "L&T-Mitsubishi Hitachi JV bags Rs 3,860 crore order for power project in UP")
Century Ultrapack forms JV with Austria's Greiner Packaging
The JV is expected to help Greiner Packaging, who will have majority ownership in the venture, to broaden its market position in Indian food packaging industry
 "Century Ultrapack forms JV with Austria's Greiner Packaging")
UK firm Alphasonics partners with Weldon Celloplast in India
Both companies will tap the Indian narrow web flexographic market
Huhtamaki buys 51% stake in Val Pack to enter foodservice packaging market in India
The Mumbai-based Val Pack Solutions supplies a comprehensive range of paper cups to food services industry in the country
 "Huhtamaki buys 51% stake in Val Pack to enter foodservice packaging market in India")
