Page 80 - B2B Connect

Covestro uses CO2 to make plastics on industrial scale

The company has opened a plant in Dormagen (Germany) that uses carbon dioxide (CO2) as a raw material instead of crude oil to produce polyols, which are used in polyurethane foam

Lanxess India wins the TRILA award for rubber chemicals

The award recognises the robust growth registered by the business line Anti-Oxidants & Accelerators (AXX) under Advanced Industrial Intermediates (AII) business unit (BU)

Snowman Logistics to set up warehouse in Andhra Pradesh

The Krishnapatnam (AP) facility, to be operational by March 2017, will cater to the Exim trade of seafood, meat, dairy products, pharmaceutical products, fruits and fruit pulp

Sanmar selects Jacobs to build PVC plant in Egypt

Jacobs to provide detailed engineering and procurement assistance services to TCI Sanmar Chemical for expanding the PVC capacity from 200,000 TPA to 400,000 TPA in Egypt

Siemens bags Rs 83 crore order from Indian Railways

As per the contract, Siemens will supply of alternating current (AC) traction systems for dual cab high horsepower diesel engine locomotive for Indian Railways

Liberalised FDI policy to boost fish processing industry

The 100% FDI in aquaculture and pisciculture is likely to open up the sector to new avenues of financing and access to advanced international aquaculture & cage culture technology

Reliance-IIP jointly develop technology for benzene extraction from FCC light naphtha

Using this technology, refiners can reduce the benzene content in their gasoline to meet regulatory requirements

Asian Paints revises plans for proposed Vizag plant

The company has decided to revise its plans of setting up of the plant with a maximum capacity of 500,000 kiloliters per annum

Valeant Pharma to expand Canadian operations

While it will invest $15 million in Steinbach (Manitoba) facility, it will spend $ 12.5 million in Laval (Quebec) facility to increase local manufacturing and export volume

Terumo acquires Sequent Medical for $ 280 mn

The acquisition of US-based developer of new aneurysm embolization device will help Terumo to expand its presence in the global neurovascular device market

US-based Health Alliance to use HGS Colibrium's Tuo Marketplace

Tuo Marketplace will replace Health Alliance Medical Plan's current online enrolment program, and will be leveraged to deliver a superior digital customer experience

Apollo Hospitals to set up hospital in China

The company has tied with Hainan Ecological Smart City Group to build hospital in the Hainan province, where a smart city is being developed in China's largest special economic zone

Introduce data protection as an IPR: Study

The Assocham-TechSci Research study also suggested for digitisation of IPR for pharmaceuticals in India to strengthen online processing

Cipla and Russia's Nacimbio join hands for HIV and hepatitis C drugs

As per the agreement, two sides will collaborate to set up a facility in Russia for the production of antiretroviral drugs

Monsanto and Remington forms JV for sorghum

Monsanto will contribute its global sorghum breeding business to the JV, while Remington will make contribution in cash ($ 110.5 million)

IOCL, OIL and Bharat PetroResources buys 24% stake in Russian oilfield

Three Indian firms have acquired 24% stake in JSC Vankorneft, in which ONGC Videsh already has 15% stake and that owns Vankor field, from Russia's Rosneft

Tata Chemicals suspends di-ammonium phosphate production at Haldia

The company will continue to supply di-ammonium phosphate (DAP) to its customer from the inventory in hand and imports

Zydus acquires two drugs from Teva to strengthen US portfolio

The total market size of the two acquired ANDAs (abbreviated new drug applications) is estimated at nearly $ 200 million

Tata Power arm to acquire Welspun Renewables in a Rs 9,249-crore deal

Post-acquisition, Tata Power Renewable Energy's renewable assets portfolio will grow to about 2,300 MW making it the largest renewable power company in India

Siemens and Gamesa to merge wind businesses

Siemens will hold 59% stake in the merged company, which will be one of the leading global wind power players, while Gamesa shareholders to hold the remaining shares