Page 14 - Manufacturing Industry

Fresenius Kabi in talks with Akorn for takeover

Akorn has five manufacturing facilities - three in US and one each in Switzerland & India

Bain Capital & Cinven buy German generic drug maker Strada for € 4.1 bn

Stada offers a portfolio of high-quality, low-cost generic products including selected biosimilars

Winning strategies for companies to succeed in ever-changing pharma market

Pharma leaders need to take swift steps to get ahead of emerging changes, says Utkarsh Palnitkar

Hospitals are among best workplaces for women: Dr Dharminder Nagar

Due to high representation of women, hospitals today are one of the most gender equitable workplaces

Goodluck India to set up production facility in Kutch for steel products

The new facility, to be built with Rs 74 crore investment, will have capacity of 72,000 MTPA

Specialty chemicals firm Aarti Industries to set up R&D centre in Gujarat

The new complex at Jhagadia will comprise R&D & innovation centres and a scale-up facility

L&T Construction bags Rs 5,250 crores contract from Qatari firm Kahramaa

It is the largest single order for L&T's power transmission & distribution business in Qatar

Andhra Sugars selects Thyssenkrupp for expansion of caustic soda facility

The company to raise caustic soda capacity at its Saggonda chemical complex from 436 TDP to 600 TPD

Cosmo Films to invest Rs 250-cr to set up speciality polyester films plant

The BOPET films plant, to be located in Maharashtra, will have a capacity of 36,000 metric tonne

Apollo Tyres starts production from Hungarian plant

It is investing € 475 mn in facility - the first overseas greenfield plant by an Indian tyre firm

Essel Group ME & Gensource to set up potash production facility in Canada

In the first phase, the JV, Vanguard Potash Corp, will build a 250,000-TPA potash plant

Gulf Oil arm Houghton International to combine with Quaker Chemical

Hinduja Group, the owner of Gulf Oil International, to receive $172.5 mn in cash

AkzoNobel, ABT & EY launch tool to monitor bio-based materials in chemicals

It will be the first tool to use e-certification to track bio-based content along the value chain

ABB buys B&R to strengthen leadership position in industrial automation

B&R recorded annual sales of more than $ 600 mn in the $20-bn machine & factory automation market

US FDA agrees to fast track trial process for Wockhardt's superdrug

Wockhardt to start phase III clinical trial for antibiotic WCK 5222, used for treating superbug

Ahmedabad plans to protect people from killer heat waves with 'cool' steps

Municipal corporation plans to cool hundreds of buildings with a new initiative to protect people

GST: A mix bag of opportunities & challenges for SMEs

Decrease in duty limits is one of the primary concerns which has led SMEs to be cautious of GST

Cipla to collaborate with US-based MEDRx for muscle relaxant drug

As per the deal, MEDRx to receive upfront payment of about $ 30 mn & will be eligible for royalties

Finnish firm Fortum commissions 70-MW solar project in Rajasthan

The firm currently has 85-MW solar capacity in India, with 3 solar power plants in Rajasthan & MP

Dynamatic partners Israel's Magal to tap security projects in India

Two firms to collaborate for high-end security products and solutions for critical infrastructure