Page 79 - B2B Connect
Start-ups betting high with changing entrepreneurial ecosystem in India
With more mature ecosystem and ample opportunities, Indians today are not only launching their own brands but also making their mark globally, says Umang Srivastav
 "Start-ups betting high with changing entrepreneurial ecosystem in India")
Govt withdraws the Bill amending Drugs and Cosmetics Act
The government has decided to comprehensively review the existing law with objectives of facilitating the ease of doing business and enhancing the quality of Indian pharma products
 "Govt withdraws the Bill amending Drugs and Cosmetics Act")
CLP India buys 49% stake in Suzlon's solar project in Telangana
The 100 MW project will be Suzlon's first project in the solar energy sector
 "CLP India buys 49% stake in Suzlon's solar project in Telangana")
Force Motors opens engine & axles production plant at Pune
The new plant, built with an investment of Rs 100 crore, at Chakan will produce engines and axles of all cars and SUVs made by Mercedes Benz India
 "Force Motors opens engine & axles production plant at Pune")
KEC International bags orders worth Rs 1,036 crore
The company has bagged orders of 582 crore from Abu Dhabi Transmission and Dispatch Company, and Rs 317 crore from Rail Vikas Nigam Limited
 "KEC International bags orders worth Rs 1,036 crore")
Unichem receives approval for donepezil hydrochloride tablets
The product, which is generic version of Eisai's Aricept, is used to improve cognition and behaviour of people with Alzheimer's
DRDO ties up with Jadavpur University for defence technology
The MoU will facilitate Defence Research & Development Organisation (DRDO) and the Jadavpur University to pursue collaborative advanced research
 "DRDO ties up with Jadavpur University for defence technology")
Rising tomato price raises demand for tomato puree, ketchup: Survey
According to the Assocham survey, the local grocers have also increased stock of tomato puree/ketchup as people have curtailed the use of tomato
 "Rising tomato price raises demand for tomato puree, ketchup: Survey")
Henkel acquires Sun Products for $ 3.6 bn from Vestar Capital Partners
With the acquisition, Henkel will advance to second position in the laundry care market in North America
 "Henkel acquires Sun Products for $ 3.6 bn from Vestar Capital Partners")
Hindusthan National Glass sells German subsidiary for Rs 171 cr
The subsidiary, HNG Global GmbH, posted a turnover of Rs 276 crore during FY 2015-16 and contributed 12 percent of the total consolidated revenue of HNGIL
 "Hindusthan National Glass sells German subsidiary for Rs 171 cr")
Global enzymes market to reach $7.2 billion in 2020: Report
While demand for enzymes used in research, biotech and diagnostics is like to post strong gains, the fastest growth will be seen for biocatalysts, particularly used in pharma, says Freedonia report
 "Global enzymes market to reach $7.2 billion in 2020: Report")
Evonik becomes first firm to produce biosurfactants on industrial scale
The company uses biotech methods to produce surfactants - key components of modern shampoos, shower gels, and household cleansers - targeted at home and personal care market
 "Evonik becomes first firm to produce biosurfactants on industrial scale")
Wacker to expand silicone sealants and specialty silicones capacity in South Korea
The new production site for silicone sealants, encapsulants, thermal interface materials and liquid silicone rubber is expected to go on-stream in the first quarter of 2018
 "Wacker to expand silicone sealants and specialty silicones capacity in South Korea")
Gail places Rs 500 cr orders for line pipes with four companies
Jindal Saw, Man Industries, Essar Steel and Zhongyou BSS will supply line pipes for Gail's Phulpur (UP) - Dobhi (Bihar) section of the Phulpur-Haldia pipeline
 "Gail places Rs 500 cr orders for line pipes with four companies")
DCGI grants permission for India's first siRNA drug trial
Biocon and the US-based Quark to start phase II/III study of a novel siRNA (small interfering RNA) drug candidate (QPI-1007) in rare eye disease in India
 "DCGI grants permission for India's first siRNA drug trial")
Lupin receives US FDA nod for generic Activella tablet
Tablet is indicated in a woman with a uterus for treatment of moderate to severe vasomotor symptoms due to menopause and prevention of postmenopausal osteoporosis
Evonik working on biodegradable composites for medical implants
German firm is conducting research on new biodegradable composite materials for the fixation of fractured bones that will degrade naturally in the body
 "Evonik working on biodegradable composites for medical implants")
Unipetrol awards Talke contact to build logistics facility for polyethylene unit
The contract, worth CZK 700 million (about $ 29 million), is part of new polyethylene unit project (PE3), the biggest investment in the history of the Czech petrochemical industry
 "Unipetrol awards Talke contact to build logistics facility for polyethylene unit")
Toray to enhance PP spunbond nonwoven fabric capacity in South Korea
Toray Group as a major PP spunbond supplier in Asia is expanding its business into emerging markets such as China, India and ASEAN countries to tap the disposable diapers industry
Opengate Capital acquires Italian PVC firm Alfatherm
Transaction represents OpenGate's sixth acquisition in the PVC chemicals sector
