Page 137 - B2B Connect

Gujarat NRE Coke Ltd to sell wind business for Rs 218 cr

The proceeds of the sale will help in improving the company's cash flows thereby helping in the faster revival of its operations

Germany's Fraunhofer institute to assist Make in India initiative

The Department of Heavy Industries (DHI) has appointed Fraunhofer as a technology resource partner to support and augment the Make in India programme

Japan's Sumitomo Forestry forms JV with Spacewood for manufacturing furniture

The alliance partners will set up a new manufacturing facility for the production of pre hung doors and wooden interior & building materials

Global membranes market to reach $ 26.3 bn in 2019

Industrialising countries such as India, China, Russia, Poland, and Brazil are expected to show strong growth going forward, with rising demand from expanding industries, says Freedonia report

Praxair opens air separation plant in East China chemical park

Through a long-term contract, the 600-tonne-per-day plant will supply on-site oxygen and nitrogen to Oxiran, a manufacturer of ethylene oxide derivative (EOD) chemicals

Rising demand for lightweight vehicles and packaging to boost polypropylene market

Polypropylene market is predicted to rise in India, China, Brazil, and ASEAN, owing to rising demand for food containers within these countries, says a Transparency Market Research report

Ellen Kullman to retire as chair and CEO of DuPont

Edward Breen, chairman of Tyco International Plc and a DuPont Board Member, to serve as interim chair and CEO

Specialty chemicals industry: Making India a global manufacturing powerhouse

India can play a dominant role in the global specialty chemicals industry as it has got advantage of skilled human resources and a big consumer market

Solving feedstock puzzle key to gain global competitiveness for Indian specialty chemicals industry

While petro-based feedstocks are in short supply in India, companies can focus on renewable resources which are abundantly available in the country to make specialty chemicals

Make in India initiative can catapult India into top manufacturing economies: Pierre-Franck Valentin

In this interview, Pierre-Franck Valentin, VP & GM, Asia-Pacific, Solvay Novecare, focuses on role of specialty chemicals in making India a manufacturing hub and his growth plans for the country

Aditya Birla Group ropes in PE firm Abraaj Group for solar power venture

This cooperation will give a fillip to the Aditya Birla Group's renewable energy initiatives and help Abraaj to explore one of the world's biggest energy consumption markets

Lubrizol opens CPVC resin facility in Thailand

Thai facility, combined with Lubrizol's other recent investments in Louisville (USA) and Dahej (India), will better position the company to support its future business growth

LyondellBasell to use SJS Plastiblends' facility to make products locally

In addition to the already existing product lines, the SJS plant, which it had acquired recently, will produce LyondellBasell's Hostacom & Hifax thermoplastic olefins

Kuraray to expand capacity of optical-use poval film

The company will expand its annual production capacity of optical-use poval film from the current 212 million m2 to 232 million m2

Ineos acquires Axiall Corp aromatics business for $62.9 mn

The deal comprises the cumene plant in Pasadena, USA, and the phenol, acetone and alpha-methylstyrene (AMS) business

Sun Pharma settles Absorica patent litigation suit with Actavis in US

As part of the settlement agreement, Actavis will start selling its generic version of Absorica in the US on December 27, 2020 (about 9 months prior to the expiration of the patents)

DBT partners with US-based Prakash Lab to procure low-cost microscope

Foldscope, a low cost paper folding-microscope developed by Dr Manu Prakash of Stanford University, will be used as an educational and training tool

Doctors Without Borders expresses discontent over Trans-Pacific Partnership pact

MSF says TPP will raise the price of medicines for millions by unnecessarily extending monopolies and further delaying price-lowering generic competition

TTK, PSG Institute, two US universities to collaborate for heart valves

Four organisations will work for the project, which is funded through a grant from National Institutes of Health (NIH) and aims to develop low cost prosthetic heart valves for India

BioMarin buys global rights to phenylketonuria franchise from Merck

Merck to receive upfront payment of Euro 340 million, plus up to Euro 185 million in additional milestones, for selling the rights of Kuvan and pegvaliase to BioMarin