Page 148 - B2B Connect
Global pharmaceutical packaging market to exceed $ 100 bn in 2019
India and China will be the fastest growing markets due to expanding pharma manufacturing capabilities and adoption of more stringent regulations, says a new Freedonia report
 "Global pharmaceutical packaging market to exceed $ 100 bn in 2019")
IDPL modernises tablet making unit at Gurgaon plant
Post-modernisation, IDPL's Gurgaon plant will be able to launch new products for lifestyle diseases such as diabetes, oncology, nephrology, cardiology, etc at affordable prices
 "IDPL modernises tablet making unit at Gurgaon plant")
Dutch firm LyondellBasell to acquire polypropylene compounds maker SJS Plastiblends
Strategic acquisition will expand LyondellBasell capabilities and footprint in India's growing automotive plastics market
 "Dutch firm LyondellBasell to acquire polypropylene compounds maker SJS Plastiblends")
Spisys ropes in Core Compounds to market products in North America
As per the pact, Core Compounds will market Spisys Ltd's oleoresins, essential oils and nutraceutical products in North America
SRF plans Rs 394 cr expansion for packaging and refrigerant biz
While it will set up a packaging film plant with an investment of Rs 356 cr, SRF will spend Rs 26 cr and Rs 12 on a pharma grade propellant plant and modification of refrigerant facility, respectively
 "SRF plans Rs 394 cr expansion for packaging and refrigerant biz")
Camlin Fine Sciences to set up a JV in US
The company will manufacture and trade antioxidants, food ingredients, blends, formulations etc in US and Canadian markets through this venture
Berger Paints to set up two plants in Assam
While one plant will manufacture putty and distemper, the other site will be a water & solvent based paint mixing plant
 "Berger Paints to set up two plants in Assam")
BHEL commissions 500-MW thermal unit in MP
The company successfully commissioned the 500 MW Unit-13 of Vindhyachal Super Thermal Power Station (STPS) located at Singrauli district of Madhya Pradesh
Alstom wins Rs 231 cr orders from Power Grid Corporation
As per the deal, Alstom will supply transformers and shunt reactors for PGCIL's Agra substation and spare units of transformers & reactors for other projects
 "Alstom wins Rs 231 cr orders from Power Grid Corporation")
Apple iPhone maker Foxconn to invest $5-bn in electronics plant in Maharashtra
Foxconn, which contract manufactures devices like Apple iPhone, BlackBerry, Kindle e-reader, etc, will also establish an R&D unit at the Maharashtra site
 "Apple iPhone maker Foxconn to invest $5-bn in electronics plant in Maharashtra")
Green shoots of recovery visible, says CII ASCON Survey
Survey reveals a slight improvement in growth trends in terms of production over the corresponding quarter a year ago
 "Green shoots of recovery visible, says CII ASCON Survey")
Punj Lloyd wins Rs 477-cr Ennore LNG tankage project from Mitsubishi
Once completed, the LNG imported to the Ennore terminal will be used by utility company power generation plants as an alternative fuel and as feedstock by fertiliser plants
 "Punj Lloyd wins Rs 477-cr Ennore LNG tankage project from Mitsubishi")
GHCL to invest Rs 1050 crore to expand soda ash & textile capacity
While the company will spend Rs 950 crores in a two-phase soda ash expansion project, it will utilise Rs 100 crores in the next two years for expansion of its textile business
 "GHCL to invest Rs 1050 crore to expand soda ash & textile capacity")
Swiss firm Casale bags contract to revamp Zuari Agro Chemicals' Goa plant
Zuari Agro aims to increase the output of the complex from 850 metric tonne per day (MTD) to 1050 MTD of ammonia and from 1450 MTD to 1800 MTD of urea respectively
 "Swiss firm Casale bags contract to revamp Zuari Agro Chemicals' Goa plant")
Dow launches crop nutrition product Nutribuild
The company claims that Nutribuild is one of the first products in India to provide all critical micronutrients under one umbrella
US water treatment chemicals market to reach $7.5 bn in 2019
Gains in biocide demand will continue to be slower than gains in other product categories, says a new Freedonia report
 "US water treatment chemicals market to reach $7.5 bn in 2019")
Uflex to invest Rs 550 crores in aseptic packaging plant in Sanand
This factory, which is proposed to be commissioned by April 2017, will produce approximately seven billion packs per year for liquid products such as energy drinks, milk, etc
 "Uflex to invest Rs 550 crores in aseptic packaging plant in Sanand")
Danfoss opens psychrometric lab in Chennai to test AC & chillers
The lab will provide HVAC product manufacturers a facility to test their products for energy efficiency standards and achieve third party certifications
 "Danfoss opens psychrometric lab in Chennai to test AC & chillers")
DSM and CVC names polymer intermediates & composite resins biz as ChemicaInvest
As announced earlier, CVC and DSM will have 65% & 35% stake respectively in ChemicaInvest, which will have 3 business units - caprolactam, acrylonitrile & composite resins
Berry Plastics acquires Avintiv from PE firm Blackstone for $2.45 bn
Complementary products of Avintiv will enhance Berry Plastics' ability to capitalise on the rapidly growing global markets for hygiene and healthcare
 "Berry Plastics acquires Avintiv from PE firm Blackstone for $2.45 bn")
