Page 130 - B2B Connect

Alstom bags Euro 3 bn contract from Indian Railways to supply 800 locomotives

The company will also set-up a plant at Madhepura (Bihar) and two maintenance depots at Saharanpur (Uttar Pradesh) and Nagpur (Maharashtra)

Toray to set up carbon fibre facility in US

This follows Japanese firm's agreement with Boeing to supply carbon fibre Torayca prepreg for its 787 Dreamliner and 777X aircrafts

Lanxess opens first production line for tyre curing bladders in Asia

With the new production line for Rhenoshape high-performance tyre curing bladders in China, Lanxess will offer comprehensive product portfolio for the tyre industry in Asia

Indorama acquires Cepsa's PIA, PET & PTA business in Spain

With this, Indorama becomes world's second largest producer of purified isopthalic acid (PIA)

Apollo Tyres buys Germany tyre distributor Reifencom for Euro 45.6 mn

The acquisition will help Apollo to improve its mix of distribution channels in Germany and Europe as the Germany-based tyre distributor has both online and offline presence

Celanese to expand advanced materials portfolio with addition of PEEK

With the addition of polyether ether ketone (PEEK), Celanese will be able to serve moulders, extruders and end users in key industries including automotive, electronics & electrical, medical, etc

Celanese to expand acetic acid and VAM capacity in North America

The company will raise the capacity of acetic acid and vinyl acetate monomer (VAM) by 150 kilo tonne (kt) at its Clear Lake (Texas) facility

Cabot to shut down carbon black facility in Indonesia

As a part of the company's consolidation strategy, Cabot will use its Cilegon (Indonesia) and other Asian & global carbon black production sites to meet the regional demand

Inox Wind commissions rotor blade facility in Madhya Pradesh

The facility, which will produce rotor blade sets, nacelles & hubs and towers, will double Inox Wind's manufacturing capacity to 1,600 MW

BASF aims to locate 25% of global R&D activities in Asia Pacific

The company, which opened the second phase of Innovation Campus in Shanghai, is investing Euro 50 mn in building a new Innovation Campus in Navi Mumbai, India

Tata Power realigns 500-MW renewable energy assets

Post structuring, the total installed capacity of Tata Power Renewable Energy will be about 720 MW with additional 250 MW under construction

APL Apollo aims to raise steel tubes capacity to 2.5 mn tonne by 2020

The company is also planning to set up manufacturing facilities in Eastern India and Middle East

DuPont names Edward Breen as chair and CEO

Breen, who joined the company's board in February 2015, has been the interim chair and CEO of DuPont since October 16, 2015 after Ellen Kullman retired

GE plans $ 200 mn locomotives facility for railways in Bihar

The company has won a $2.6-billion contract, the largest deal in GE's 100-year history in India, for supplying 1,000 locomotives to Indian Railways

Praj signs co-development pact with US-based Gevo for isobutanol technology

As per the deal, Praj will invest in the development of Gevo's isobutanol technology and for making renewable jet fuel from isobutanol in India

DSM and Syngenta to co-develop biological solutions for agriculture

The collaboration aims to accelerate the delivery of a broad spectrum of products based on naturally occurring micro-organisms for pre- and post-harvest application around the world

Albemarle sells Tribotecc metal sulfides business to Treibacher

The transaction includes sites in Vienna and Arnoldstein, Austria and Tribotecc's proprietary sulfide synthesis process

Lanxess to invest Euro 60 mn in Saltigo's Leverkusen facility

The company to expand capacity for custom manufacturing owing to high demand for fine chemicals, especially from agrochemicals industry

Jindal Poly Films to invest Rs 1000 crore for global expansion

The company will increase the production capacity of biaxially oriented polypropylene (BOPP) films, used in flexible packaging, by 161,000 tpa to reach 606,000 tpa globally

Canada's Fairfax acquires 45% stake in ADI Finechem for Rs 130 cr

Fairfax India will also make an open offer for an additional 26% stake in ADI Finechem, a speciality chemical manufacturer located near Ahmedabad (Gujarat)