Page 114 - B2B Connect

Minimum import price on steel to hurt engineering exports: EEPC

The introduction of the MIP on steel products will raise the cost of raw materials for engineering products by about 6-10 per cent, thus impacting exports

Shree Pushkar Chemicals launches mixed fertiliser brand in Maharashtra

The mixed fertiliser, branded as Shriram Urja Mix, has been launched under a marketing tie-up with DCM Shriram

Talbros Automotive starts heat shield production line in Faridabad

As emission standards becomes more stringent, Talbros believes usage of heat shield products will become mandatory for Indian passenger cars, thus resulting in high demand

Apcotex buys emulsion polymers maker Omnova Solutions

The acquisition gives Apcotex an opportunity to grow in new adjacencies in emulsion polymers such as nitrile rubber, nitrile powder and nitrile/PVC blends

Govt plans to raise benchmark cost for concentrated solar power program

The new benchmark cost will be related to the performance efficiency in design and manufacturing of systems so that smaller systems deliver more energy cost-effectively

Gamesa bags 50 MW wind turbine order from Atria Power

The company will handle supply, erection and commissioning for Atria Power's Kukru site in Madhya Pradesh

Bharat Biotech unveils first vaccine candidate for Zika Virus

The company will probably be the first in the world to file for global patent for Zika vaccine candidates

BHEL bags Rs 2759-cr contract for supercritical power plant in TN

The project will be the first ever 800 MW supercritical set based power plant in Tamil Nadu

Reliance Defence to build R&D centre for aerospace industry in Bengaluru

The centre, the first-ever of its kind in the private sector in India, will conduct research, development and innovation in aerospace technology

Birla Corp buys Reliance Cement for Rs 4,800 crore

RCCPL acquisition will enhance Birla Corp's cement capacity from 10 mtpa to 15.5 mtpa, while it will help Reliance Infrastructure to reduce debt

Toshiba Transmission opens $30-mn switchgear facility in Hyderabad

TTDI aims to use India as a core T&D production base for other major markets, including Europe, ASEAN, and Africa

SRF commissions specialty chemicals plant in Dahej

The plant will manufacture specialty chemicals used in pharmaceutical sector

Germany's Evonik ties up with chemical institute ICT for R&D

Two sides have sealed a strategic partnership agreement for the purpose of collaborating in R&D projects in the field of chemical science

Dow appoints James Fitterling as president and COO

Fitterling will report to Dow's chairman and CEO Andrew Liveris, who will step down after the chemical company completes its merger with DuPont later this year

Mosaic to reduce phosphate production in view of weak demand

In response to subdued demand for crop nutrients, the company intends to reduce production by up to 400,000 tonnes with rotating plant shutdowns in the first quarter of 2016

Camlin Fine Sciences buys 65% stake in Mexico's Dresen

With the acquisition of Dresen, a supplier of specialty intermediates to feed, food and other industries, Camlin Fine Sciences aims to expand its market reach in America

Godrej Consumer buys Kenya-based Canon Chemicals

With this acquisition, Godrej Consumer Products will further build its presence in the African home and personal care products market

ChemChina to acquire crop protection firm Syngenta for $ 43 bn

Experts believe that the deal makes strategic sense as it allows Syngenta to expand in emerging markets and provides ChemChina access to latest crop protection technologies

Amcor acquires BPI China for $ 13 mn

This acquisition will strengthen Amcor's position in Chinese flexible packaging market and add flexographic printing to its capabilities

PolyOne buys Kraton's thermoplastic elastomer assets for $ 72 mn

The acquired technologies serve markets such as adhesives, removable protective films, packaging, medical devices and personal care products