Page 9 - B2B Connect
JSR Corp arm KBI Biopharma to invest $ 30 mn to expand two facilities in US
It will expand biopharmaceutical manufacturing capacity at both its Durham and Boulder facilities
 "JSR Corp arm KBI Biopharma to invest $ 30 mn to expand two facilities in US")
Piramal Finance invests Rs 565 in two auto component companies
It has invested Rs 275 crores and Rs 290 crores in RSB Group and Indoshell Mould, respectively
 "Piramal Finance invests Rs 565 in two auto component companies")
PET scanner: Aiding innovations in diagnostics and treatment of cancers
Positron emission tomography (PET) scanning has vastly improved the results of cancer diagnosis
 "PET scanner: Aiding innovations in diagnostics and treatment of cancers")
Lyka Labs inks out-licensing deal with US-based generics firm
The market size of the licensed formulations is about $ 1.4 bn as per IMS March 2017, says Lyka
 "Lyka Labs inks out-licensing deal with US-based generics firm")
UAE's ADNOC & OMV ink collaboration pact for petrochemical projects
Under ADNOC's 2030 Strategy, crude production capacity is set to increase to 3.5 million bpd by 2018
 "UAE's ADNOC & OMV ink collaboration pact for petrochemical projects")
AIIMS hospital in Assam receives Cabinet nod
To be set up under the Pradhan Mantri Swasthya Suraksha Yojana & involve Rs 1,123 cr investment
 "AIIMS hospital in Assam receives Cabinet nod")
VLCC forays into nutraceuticals by acquiring Wellscience business
Extends its presence in the high-growth FMHG segment through nutraceuticals & direct selling
 "VLCC forays into nutraceuticals by acquiring Wellscience business")
Jindal Films to invest $ 120 mn to set up polyester plant in US
The plant, which is expected to become operational by early 2019, to have 65,000 tonnes capacity
 "Jindal Films to invest $ 120 mn to set up polyester plant in US")
PPG exits fiberglass business, sells it to Nippon Electric for $ 545 mn
In 2016, PPG had sold its European fiberglass operations & divested two Asian fiberglass JVs
 "PPG exits fiberglass business, sells it to Nippon Electric for $ 545 mn")
Glenmark receives US FDA approval for hypertension drug nebivolol
It is also eligible for 180 days exclusivity for the drug, a generic version of Forest's Bystolic
 "Glenmark receives US FDA approval for hypertension drug nebivolol")
Govt to set up cancer institutes each costing Rs 100 cr: Anupriya Patel
Govt has already approved a scheme for enhancing the tertiary care cancer facilities in the country
 "Govt to set up cancer institutes each costing Rs 100 cr: Anupriya Patel")
Jindal Steel launches 6-MTPA integrated steel plant in Odisha
The Rs 33,000-cr plant at Angul ramps up JSPL's iron & steel capacities significantly
 "Jindal Steel launches 6-MTPA integrated steel plant in Odisha")
Domestic manufacturers to get preference in government procurements
New policy will give a substantial boost to domestic manufacturing and service provision
 "Domestic manufacturers to get preference in government procurements")
Machine tools industry: SMEs need to harness the power of digitalisation
Digitalisation of the production process is the key to higher productivity, flexibility & efficiency
 "Machine tools industry: SMEs need to harness the power of digitalisation")
Mahindra unveils growth strategy for electric vehicles business
To invest in globally competitive EV technology, set up charging infrastructure & fleet operations
 "Mahindra unveils growth strategy for electric vehicles business")
Gluten-free baked foods to drive the demand for guar gum
Market for guar gum is forecast to reach $120 million in 2021, says Freedonia
 "Gluten-free baked foods to drive the demand for guar gum")
SRF plans Rs 180 cr capex for setting up agrochemical plant in Dahej
In all, the company will invest Rs 200 crore in the chemicals business for capacity expansion
 "SRF plans Rs 180 cr capex for setting up agrochemical plant in Dahej")
Symrise opens Asia-Pacific innovation & technology centre in Singapore
Innovation-centric expansion to boost regional and local food manufacturing capabilities
 "Symrise opens Asia-Pacific innovation & technology centre in Singapore")
Dr Markus Steilemann to replace Patrick Thomas as Covestro CEO
The current CEO, Patrick Thomas, to complete his term which runs until 30 September 2018
 "Dr Markus Steilemann to replace Patrick Thomas as Covestro CEO")
Zuari Agro Chemicals to invest Rs 1300 crore to revamp urea plant
Post-revamp, urea capacity at its Goa site will increase from 1350 MTPD to 1800 MTPD
 "Zuari Agro Chemicals to invest Rs 1300 crore to revamp urea plant")
