Page 132 - B2B Connect

Evonik to expand PEEK polymer capacity in China

Polyetheretherketone (PEEK) has experienced strong growth over the last five years across all relevant industry segments such as oil & gas, aviation and automotive

Rajoo Bausano to supply extrusion machines to Bangladeshi firm

Gazi Group, an uPVC pipes maker in Bangladesh, has ordered six pipe extrusion machines from Rajoo Bausano Extrusion

Cosmo Films to expand BOPP capacity to tap flexible packaging market

While the company will invest Rs 200 cr to raise BOPP capacity by 60,000 tpa at Vadodara facility, it will spend Rs 20 crore on a new cast polypropylene line at its Maharashtra facility

Blue Star buys 51% stake in Oman Electro Mechanical

With this acquisition, the company will strengthen its mechanical, electrical & plumbing (MEP) contracting services business

Cipla sells stake in biotech arm Biomab Holding

The company will focus on global development under Cipla BioTec, which will focus on research, development, manufacturing and marketing of biosimilars

Natco launches hepatitis C drug Hepcinat LP in Nepal

Hepcinat LP, a two-drug fixed-dose combination product that contains ledipasvir and sofosbuvir, is the generic version of Gilead Sciences' Harvoni drug

Natural Capsules plans to invest Rs 25 cr for capacity expansion

While the company will enhance gelatin capsules capacity at Pondicherry unit, it will upgrade and convert the existing three gelatin capsules lines to HPMC (vegetarian) lines at Bangalore

Glenmark receives tentative approval from US FDA for lacosamide tablets

Lacosamide tablets are the generic version of UCB's Vimpat tablets, which recorded annual sales of approximately $ 691 million in the US

Merck inks drug discovery collaboration pact with Polish firm Selvita

The aim of the collaboration is to deliver potential first-in-class small molecules as lead candidate drugs for multiple oncology indications

Sanofi and RSSDI organise walkathon for diabetes control in Lucknow

Through this Walkathon, Sanofi and RSSDI shared the message that a physically active lifestyle contributes significantly to more effective management of diabetes

Indian Immunologicals' bovine serum facility in New Zealand starts operation

The objective of the investment in the New Zealand facility was to gain control over the supplies of a key ingredient (serum) used in vaccine manufacture

Lupin receives US FDA nod for dementia and contraceptive drugs

The company has received US drug regulator's approvals for generic versions of Eisai Inc's Aricept and Warner Chilcott's Loestrin 24 Fe tablets

Jain Irrigation bags Rs 750 cr mango pulp supply contract from Coca-Cola

The company has signed a 3-year contract for supply of mango pulp with Hindustan Coca-Cola Beverages Pvt Ltd (HCCBPL), the largest bottler of Coca-Cola in India

Evonik expands specialty silica capacity in Japan

Specialty silicas are used in beer filtration, as drug carriers in pharmaceuticals, and as flow aids in powdered foods and thickener for toothpastes

Deepak Nitrite bags supply contract from Bayer Crop Science

The company has also received supplier excellence award in the outstanding performance category from Bayer Crop Science for the year 2015

DuPont opens world's largest cellulosic ethanol plant in US

The biorefinery will use corn stover (the stalks, leaves and cobs left in a field after harvest) as raw material to produce the ethanol

Shell completes two downstream divestments

While Shell has sold its Butagaz LPG business to DCC Energy in France, the company divested its stake in Tongyi Lubricants to Huo's Group and The Carlyle Group in China

India and South Africa to strengthen research collaboration

Two countries are collaborating in key areas such as health sciences, biotechnology, green chemistry, etc and also on HIV vaccine research project

India eyes opportunities in African hydrocarbon sector

India is keen to intensify its hydrocarbon cooperation with the African countries in upstream, midstream and downstream areas

Logistics industry must adapt to GST ecosystem: CII-PWC report

While the GST regime may provide opportunities to the transport and logistics (T&L) sector, there are also several issues to be addressed, according to the report