Page 17 - Manufacturing Industry

Directives in diagnostics: A pressing need

With better regulations & monitoring in place, diagnostic sector can gain a lot, says Ameera Shah

Alkem's Baddi manufacturing facility receives 3 observations from US FDA

US FDA had conducted an inspection at Alkem's Baddi facility from March 2-10, 2017

BeiGene & Guangzhou Development District to set up $ 330 mn biologics plant

JV will also provide funding for research and development of biologic drug candidates in China

Germany's Merck plans divestment of biosimilars business

Merck has a strategic alliance with India's Dr Reddy's Labs to co-develop multiple cancer drugs

Shell divests oil sands interests in Canada for $7.25 bn

The company sold its stakes to Canadian Natural Resources Limited

M&A activity in chemical industry to persist in 2017: Dr Mosongo Moukwa

Limited returns on organic growth are forcing firms to look at M&As to sustain high valuations

AkzoNobel plans separation of specialty chemicals business

The company also rejected PPG's proposal to buyout AkzoNobel in a cash & stock deal

Global oil industry: What's there for India in 2017?

As long as the price remains below $ 70 per barrel, India stands to gain, says Alireza Moghaddham

Thyssenkrupp & Cyient partner to enhance predictive solutions for elevators

Collaboration to enhance Thyssenkrupp's competitive advantage in the elevator industry

Jasch Industries arm Indev buys US-based Automation and Control Technology

Indev offers advanced in-line web-based measurement & control solutions to various industries

Ford Motor plans to use 3D printing technology for making large auto parts

With light-weighting & personalisation in mind, Ford to use Stratasys 3D printer for this project

Birla Carbon partners American Process to improve fuel efficiency of tyres

Two companies aim to improve fuel efficiency of tyres by combining carbon black and nanocellulose

PM Narendra Modi inaugurates OPaL's Rs 30,000-cr petrochemical complex

The Dahej complex to have capacity to produce 14 lakh tonnes of polymers & 5 lakh tonnes of chemical

Gamesa bags order from IL&FS for 50-MW for wind farma project in MP

As per the deal, Gamesa will supply, erect & commission 25 units of its G114 - 2.0MW wind turbines

Global orphan drugs market to reach $ 209 billion by 2022

The market is set to be 21.4% of worldwide prescription sales by 2022, says Evaluate report

ExxonMobil plans $20 bn investment to expand manufacturing in US

It will make investment, spread over 10-year, in major chemical, refining, lubricant & LNG projects

Tech Mahindra to buy US-based healthcare IT firm CJS Solutions for $ 100 mn

Move to strengthen its position in healthcare provider space - a focus areas for Tech Mahindra

Zydus settles patent litigation related to seizure drug with US-based firm

As per the pact, Zydus to begin selling a generic version of Supernus' Trokendi XR on Jan 1, 2023

Tata Hitachi rolls out 10,000th machine from Kharagpur plant

The plant makes hydraulic excavators from 5 T to 40 T, wheel loaders, motor graders, & dump trucks

Synthomer buys Perstorp Oxo Belgium for € 78 million

Perstorp Oxo Belgium serves decorative & industrial coatings sectors with its performance additives