Page 106 - B2B Connect

Evonik starts basic engineering for methionine plant in Singapore

The 150,000-MT plant of DL-methionine, an essential amino acid that must be supplied in animal feed, is expected to come on stream in 2019

IOL Chemicals receives COPP certificate for ibuprofen and lamotrigine

The receipt of certificates of pharmaceuticals products (COPP) from Punjab's Food & Drugs Administration (FDA) will facilitate IOLCP to broaden its presence in export market

Evonik buys Norwegian food ingredients maker MedPalett

The acquisition of MedPalett, which specialises in food ingredients containing anthocyanins, will help Evonik expand the portfolio of its health care business line

Streamlining projects with a modular approach

Engineering & construction companies (E&Cs) can save significant amounts of time and money by adopting a modular approach to process units that reduces design, schedule and cost uncertainty

L&T completes sale of Coimbatore foundry to Australia's Bradken for Rs 163 cr

The company will continue to maintain its foundries at Kansbahal (Odisha) and L&T Special Steels & Heavy Forgings in Hazira (Gujarat)

Siemens Ltd to sale healthcare unit for Rs 3050 crore

This transaction, follows Siemens AG's global strategy of managing its healthcare business under a separately-managed company

Inox bags PTC Energy's 20 MW wind power project in Madhya Pradesh

As part of the turnkey order, Inox Wind will be responsible for the entire project lifecycle from manufacture and supply of wind turbine generators (WTGs) to erection and commissioning

Kabra Extrusiontechnik extends collaboration with Battenfeld-Cincinnati

Two companies have been in technical alliance since 1982 for plastic extrusion machinery

FACT receives Rs 1000 crore loan for revival

The reduction in gas prices and benign policy of the government expected to help the company to make operational profits

BHEL commissions 700 MW supercritical thermal unit in Karnataka

This is the third unit commissioned by BHEL at Bellary, where two units of 500 MW supplied and executed by BHEL, are already in operation

US & China account for 70% of India's e-waste imports

Delhi-NCR is turning into the world's e-waste dumping yard with the capital alone getting 85 percent of waste generated in the developed world, says an Assocham study

Uno Minda buys Spanish auto lighting firm Rinder Group for Euro 20 mn

With this acquisition, which includes Rinder's manufacturing sites in India, Minda Industries aims to increase its lighting business turnover from Rs 300 crore to Rs 700 crore

Budget has set the direction for a balanced growth: R Narayan

Budget laid special emphasis on job creation and outlined measures to facilitate ease of doing business while simultaneously boosting agricultural sector and infrastructural growth

Medical devices industry seeks roll back of import duty

FICCI feels that 7% hike in duty coupled with high foreign exchange related pricing pressures will raise the cost of medical devices and is likely to affect affordability of medical care in India

Exide Industries' subsidiaries Chloride Alloys and Chloride Metals to merge

Amalgamation will lead to increased competitive strength, productivity gains and logistic advantages

Nothing in budget for fisheries or aquaculture sector: Kamlesh Gupta

Finance Minister Arun Jaitley in the budget has completely ignored fisheries & aquaculture sector, proposing incentives and investments, only for agriculture

Basic custom duty on acyclic & cyclic hydrocarbons rationalised to 2.5%

Budget has proposed to reduce special addition duty (SAD) on orthoxylene for the manufacture of phthalic anhydride from 4 percent to 2 percent

Huge investment in infrastructure to have a multiplier effect: Sunil Kanoria

Realising well the limitations brought in by slow demand and global slowdown, the budget has rightly put emphasis on creation of employment through Start Up India and Skill Development

India, US to partner for cancer and traditional medicine research

The collaboration aims to incorporate more scientific inputs from both sides in traditional medicines which can help mainstreaming AYUSH systems in patient health care across the globe

BHEL bags Rs 5,600 cr order for supercritical power project in TN

The order is for setting up the 1,600 MW coal-based thermal power project with supercritical parameters, involving two units of the country's highest rating 800 MW sets, in Tamil Nadu