Page 127 - B2B Connect

Indian pharma machinery market to reach $ 1.78 bn by 2020

Exports is expected to account for 72 percent of the total pharma production and reach a value of $ 40 billion by 2020, says a report of UBM India and AGR Knowledge Services

Dutch firm LyondellBasell buys PP compounding business of Zylog Plastalloys

With this acquisition, the company's second in India in 2015, LyondellBasell will become the third largest producer of polypropylene compounds in the country

Swiss firm Clariant to set up healthcare packaging plant in Tamil Nadu

The new plant, to be built with an investment of CHF 10 million (about Rs 64 crore), will produce moisture-control products such as desiccant, adsorbent polymers, etc

Dow AgroSciences sells dinitroaniline herbicides biz to Gowan Company

The global DNA business to be acquired by Gowan has a broad regulatory presence with active registrations in 22 countries

Rajoo Engineers to supply blown film line to Devendran Plastic

This is the third ordered received by the Rajkot-based plastics processing machinery maker from the Chennai-based Devendran Plastic

Global thermoplastic elastomers to reach 6.7 mn tonne in 2019

Besides China, India and Southeast Asia, where manufacturing output is expected to rise strongly, are likely to drive the growth, says Freedonia report

Indian Oil dispatches first consignment from Paradip Refinery

IOC, which expects to operationalise the entire refinery complex in the near future, is also planning to set up ethanol making plant in collaboration with the US-based Celanese

Arkema plans Euro 100 mn annual investment to fight climate change

The company, alongside 38 other French firms, has confirmed its commitment to a low-carbon economy by supporting the climate negotiations at the 21st Conference of the Parties

Solvay opens vanillin plant in China

The new plant will increase Solvay's vanillin production capacities by 40 percent

BGR Energy bags Rs 300 cr orders in Telangana

The orders consists of two substation contracts from state utility Transmission Corporation of Telangana Limited (TCTL) and an e-BoP contract from NTPC

Optiemus and Taiwan's Wistron to set up telecom manufacturing facilities in India

Over the next five years, the JV will invest about $ 200 million in infrastructure, technologies and processes, to make telecom products, viz, smart phones, tablets and smart devices

Gail to begin satellite monitoring of pipeline from Jan 2016

The company also plans to use alternative methods like advanced unmanned aerial vehicle (UAV) which can be integrated with the new system to secure pipeline

Jindal Rail awards Rs 10 cr contract to Simplex Castings

This follows Rs 54 crore order bagged by Simplex Castings from Indian Railways last week

Italy's Sipal form JV with Lumax Auto for aerospace & defence sector

JV will be a full service provider for all type of integrated logistic support engineering to the aerospace, defence & automotive sectors

L&T Construction bags orders worth Rs 1038 cr for power T&D in Nov

Orders include a contract (of $ 108 mn) from Saudi Electricity Company for the construction of five 132 kV substations in Saudi Arabia

Ashok Leyland bags export contract worth $ 200 mn

As per the contract, awarded by the government of Cote D'Ivoire, the Hinduja Group company will supply 3600 vehicles, which include trucks and buses

Govt to create inventory of chemicals in India

CII takes first step towards the national chemicals inventory by launching ChemStreet and ChemSource, which aim to be a repository of information on chemicals in the country

CB&I-CTCI JV receives $ 2.8 bn EPC contract from Orpic for cracker project

As the contract, awarded by Oman's Orpic, two companies will provide engineering, procurement and construction for cracker Package 1

LyondellBasell to set up world's largest PO & TBA plant in USA

Annual production capacities are anticipated to be one billion pounds of propylene oxide and two billion pounds of tertiary butyl alcohol at the Houston site in USA

Italy's Marangoni forms JV with GRP for tyre retreading

Two companies aim to tap the retreading market, which offers a huge opportunity with rising use of radial tyres in India