Page 8 - Manufacturing Industry
Dr Reddy's Labs receives US FDA nod for doxorubicin injection
DRL had partnered with Natco Pharma Ltd for developing the product, a generic version of Doxil
 "Dr Reddy's Labs receives US FDA nod for doxorubicin injection")
Thermo Fisher Scientific buys Patheon for $7.2 billion
Patheon will facilitate Thermo Fisher's entry into the high-growth $40-billion CDMO market
 "Thermo Fisher Scientific buys Patheon for $7.2 billion")
Lupin receives CDSCO's approval for anti-allergic drug bepotastine
According to IMS, the market for plain antihistamines in India is estimated at about Rs 860 crs
 "Lupin receives CDSCO's approval for anti-allergic drug bepotastine")
Vivimed Labs & Strides Shasun to form two JVs to tap US generic market
While JV in India will own US FDA-approved plant in Alathur, Singaporean JV will own certain ANDAs
 "Vivimed Labs & Strides Shasun to form two JVs to tap US generic market")
Volvo Cars aims to double marketshare in India's premium segment by 2020
The Swedish car maker will start assembly operations in the country for its XC90 premium SUV in 2017
 "Volvo Cars aims to double marketshare in India's premium segment by 2020")
ExxonMobil & Sabic ink pact for next phase of US petrochemical project
The proposed project is part of ExxonMobil's $20-billion Growing the Gulf investment program
 "ExxonMobil & Sabic ink pact for next phase of US petrochemical project")
Isgec Hitachi Zosen adopts next-gen enterprise software for digitalisation
The solution, implemented by KPIT, to enable IHZL with better control on project execution
 "Isgec Hitachi Zosen adopts next-gen enterprise software for digitalisation")
AkzoNobel & Atul to start monochloroacetic acid production in India in 2019
Each partner to hold a 50-percent stake in the joint venture, to be registered as Anaven
 "AkzoNobel & Atul to start monochloroacetic acid production in India in 2019")
Germany's Merck & Stelis Biopharma open bioprocess scale-up lab in India
Lab, based at Bengaluru, provides end-to-end solutions from bioprocess development to manufacturing
 "Germany's Merck & Stelis Biopharma open bioprocess scale-up lab in India")
Clariant & Huntsman merger to create $13 bn specialty chemicals behemoth
More than $3.5 billion value creation through annual cost synergies in excess of $400 million
 "Clariant & Huntsman merger to create $13 bn specialty chemicals behemoth")
New era of connected world
In next 10 years, the Internet of Things revolution will dramatically alter manufacturing sectors
 "New era of connected world")
Diagnostics in India: Full-throttle growth expected in the near future
Govt's universal health plan is expected to cost an estimated Rs 1.6 trillion over the next 4 years
 "Diagnostics in India: Full-throttle growth expected in the near future")
Drive services in a digital world
Remote digital service centers for drives are set to transform industrial productivity
 "Drive services in a digital world")
Alternative chemicals separation technologies are worthwhile investments
Membrane & sorbent technologies have potential to make separation methods 10X more energy efficient
 "Alternative chemicals separation technologies are worthwhile investments")
ExxonMobil Chemical to acquire Jurong Aromatics' plant in Singapore
Plant will enable cost-competitive growth of ExxonMobil's strategic aromatics business
 "ExxonMobil Chemical to acquire Jurong Aromatics' plant in Singapore")
CMI bags Rs 86 cr contract from Railways for supply of signalling cables
Supply of signalling cables & quad cables to railways contributed 45% to CMI's revenues in 2016-17
 "CMI bags Rs 86 cr contract from Railways for supply of signalling cables")
Hindalco arm Novelis forms JV with Japan's Kobe Steel in South Korea
Aluminium products maker to sell 50% stake in its South Korean facility to Kobe Steel for $ 315 mn
 "Hindalco arm Novelis forms JV with Japan's Kobe Steel in South Korea")
Tata Chemicals buys Unnati Inorganics' precipitated silica operation
This specialty chemical product represents a downward value addition to TCL's soda ash business
 "Tata Chemicals buys Unnati Inorganics' precipitated silica operation")
Praj starts second generation bio-refinery demo plant for renewable fuels
It will produce 1 MLPA ethanol by processing agri-residues like rice & wheat straw, cane trash, etc
 "Praj starts second generation bio-refinery demo plant for renewable fuels")
US Court rules in favour of Zydus in ulcerative colitis drug patent case
It ruled that Zydus' generic version of Lialda (mesalamine) does not infringe patent of Shire
 "US Court rules in favour of Zydus in ulcerative colitis drug patent case")