Page 32 - Manufacturing Industry

Lonza buys gelatin capsules maker Capsugel from KKR for $ 5.5 billion

With 13 facilities, which include a hard capsule manufacturing facility in Delhi (India), Capsugel is one of the leading global players in advanced oral dosage delivery technologies

Evonik to set up $ 120-mn precipitated silica plant in US

With the new plant, the company aims to meet the growing demand for precipitated silica, a key ingredient in making energy-efficient tyres, in North America

Swan Energy inks pact with 2 firms for developing gas field in Iran

As per the deal, Swan will offtake around one MTPA LNG from this project, which will be delivered to the FSRU (floating storage regasification unit) being built by Swan in Gujarat

Basmati rice producer KRBL builds furfuryl alcohol plant in Punjab

The plant converts furfuryl oil (which is produced from rice husk) into furfuryl alcohol as there is huge demand for this bio-based chemical in India

Cipla to set up manufacturing facility for pharmaceuticals in Iran

For this, the company has agreed to form a joint venture with Iran's Ahran Tejarat Company with an investment of approximately Euro 16.875 million (about Rs 120 crore)

Bajaj Electricals ties up with UK's Gooee for IoT based lighting solutions

The alliance will develop innovative lighting products on IoT (Internet of Things) platform relevant to indoor commercial spaces like workspaces, retail outlets, hospitals, etc

TCPL Packaging starts new offset printing line at Silvassa

The new machine has an annual capacity to convert 9000 T of paperboard

Alkem's Ankleshwar APIs facility receives three 483 observations from US FDA

These observations were issued following an inspection conducted by US FDA at the site from December 5-9, 2016

Glenmark launches first generic version of Zetia in US

The company and its partner, Endo, will be entitled to 180 days of generic drug exclusivity for ezetimibe, which is used for the treatment of high cholesterol

What is the way forward for Indian vaccine industry?

While Indian vaccine producers dominate global market, bulk of marketshare in the high-value domestic private market is held by a few MNCs, says Pushpa Vijayraghavan and Aparna Balasubramanian

NTPC forays into wind energy sector with 50-MW project

The company has awarded a contract to Inox Wind Limited for setting up the 50 MW wind power project in Gujarat

Sun Pharma to partner with Israel's Moebius Medical for osteoarthritis drug

As per the licensing deal, Sun Pharma will have worldwide commercialisation & manufacturing rights for MM-II, a candidate for the treatment of pain in osteoarthritis

Praj to partner IOCL & BPCL to set up 2G bio-ethanol plants

Second generation (2G) bio-ethanol technology uses (agri-residue) as feedstock, thus helping farming community to earn additional revenues from agri-waste

Online sales of health insurance to grow 15-20 times by 2020: Study

Smart cards & unique patient identifier for policyholders to drive digitisation of health insurance in India, according to FICCI-QuintilesIMS study

AkzoNobel and Atul to set up monochloroacetic acid plant in Gujarat

While Atul will use the plant's MCA (an essential building block in the chemical industry) for captive consumption to produce herbicide, AkzoNobel will market the access production

Strides Shasun buys Perrigo's APIs facility in India for Rs 100 crore

The company intends to transfer all the integrated DMFs filed for captive consumption to the acquired facility, which is located in Ambernath (Maharashtra) and is US FDA-approved

Ducon to supply pollution control systems to Wienerberger AG's Indian arm

Wienerberger will install Ducon's flue gas desulfurization (FGD) systems at its ceramic products facility in Karnataka to remove suspended particulate matter and other toxic components

Implementation of stainless steel quality control order extended by 2 months

Extension was necessitated as licensing process by BIS is taking longer time

Integrate robotics as key component of Make in India campaign

The use of automation and robotics need not be at the expense of labour; industry must view the introduction of robots as a competitive advantage, says Assocham

Experience centre for advanced manufacturing to be set up in India

The government plans to come up with legislation to address concerns of construction equipment manufacturers, according to Girish Shankar, Secretary, Department of Heavy Industry