Page 119 - B2B Connect

RINL to invest Rs 38,500 cr for expansion of Vizag Steel

As per the strategy, RINL plans to initially expand Visakhapatnam Steel Plant's capacity to 7.3 mtpa, and then to 11.5-12 mtpa

Sanofi collaborates Warp Drive Bio to develop oncology therapies and antibiotics

Under the terms of the agreement, new collaboration will provide Warp Drive funding and milestones in excess of $750 million

Novartis ties up with Surface Oncology to grow immuno-oncology pipeline

Agreement gives Novartis access to four pre-clinical programs that target regulatory T cell populations, inhibitory cytokines, and immunosuppressive metabolites in the tumour microenvironment

US FDA approves Aurobindo Pharma's norethindrone tablet

The approved product, a generic version of Duramed's Aygestin tablet, has an estimated market size of $ 24 million, according to IMS

Shire buys Baxalta in $32-bn deal

Combination creates leading global biotechnology company projected to deliver double-digit top-line growth with over $20 billion in annual revenues by 2020

Time Technoplast to expand composite cylinders production capacity

The demand for composite (plastic) cylinder - used for LPG distribution - is expected to witness manifold increase in India as plastic containers are expected to replace the currently used steel cylin

Tokyo Tech researchers develop energy saving catalyst to make ammonia

This new method is an important step toward the adoption of next-generation catalysts in industrial-scale ammonia production, which will secure a stable supply of fertiliser for food production

Celanese to expand Gur UHMWPE capacity in Texas

This capacity expansion provides Celanese with additional production flexibility to introduce two new medical Gur grades for the pharmaceutical industry

ChemChina acquires KraussMaffei Group for $ 1 bn

As part of ChemChina, KraussMaffei Group, a global supplier of machines and systems for plastics processing, is expected to considerably accelerate its growth in China and Asia

Thermo Fisher Scientific acquires Affymetrix for $ 1.3 bn

The acquisition of Affymetrix, a leading provider of cellular and genetic analysis products, will strengthen Thermo's position in biosciences and create new opportunities in genetic analysis

Camex ties up with China's Tianjin Yadong for dyes business

The Ahmedabad based company has entered into agreement with Chinese firm for selling a range of basic dyes intermediates in India

Suzlon bags 197 MW order for wind energy project in AP

The company will supply 47 wind turbines of S97-120 m hybrid tower and 47 units of S111-90 m tubular tower wind turbine with rated capacity of 2.1 MW each for the project

Specialty chemicals maker Dorf Ketal acquires Filtra Catalysts

The acquisition of Filtra is expected to complement Dorf Ketal's process chemical solutions which are mainly targeted at the crude oil refining and petrochemical industries

Cipla inks distribution pact with US-based BioQ Pharma

As per the agreement, Cipla will be responsible for commercialisation BioQ Pharma's Ropivacaine infusion pharmaceutical in India

Micro-hybrids, not electric vehicles or fuel cells, to drive auto efficiency

Carmakers will mainly use micro-hybrid or 'start-stop' technology, along with lightweighting, to meet challenging fuel economy targets, says Lux Research report

McNally Bharat Engineering inks MoU with Japan's Nippo

The company is looking to jointly work with the Japanese firm for road projects in India

Sanghvi Forging wins Rs 11 crore contracts from power, oil & gas sectors

Majority of orders received by the company are for its heavy open die forging plant

L&T's construction arm bags contracts worth Rs 2871 cr

The company has won the contracts for projects such as airport, effluent treatment, highways, ports, etc

Punj Lloyd wins 4 highway contracts worth Rs 1,555 crore

Contracts have been awarded by the Ministry of Road Transport and from National Highways Authority of India (NHAI) for projects in Bihar, Chhattisgarh, Odisha and Punjab

Southern Online Bio Technologies bags biofuel supply contract in AP

The company also received contract from Indian Railways to construct a 30 TDP biodiesel plant at Raipur (Chhattisgarh)