Page 164 - B2B Connect

Danfoss to set up refrigeration lab at Guindy ITI

As part of this agreement, Danfoss refrigeration and air conditioning lab will be set up at the institute premises to benefit more than 130 students over the next 3 years

Bosch and ARAI ink MoU to create automotive e-learning courses

They will develop e-learning modules for proficiency improvement programs (PIP) in the automotive domain

Mahindra World and Japan's Sumitomo form JV for industrial park in TN

The JV aims to develop an industrial park, with an estimated investment of Rs 375 cr and spread over 300 acres, at North Chennai

Crompton Greaves receives proposals to buy power businesses in US, Europe

The company has also received firm offers for Canadian Power and the American transportation automation businesses (formerly QEI Inc)

Siemens bags Rs 55 crore order in Algeria

The company won an order to supply high voltage circuit breakers from Algerien du Materiel Electrique et Gazier

Crompton Greaves bags orders from Portuguese energy firm

The company was selected as main supplier of data concentrators by Energias de Portugal (EDP), one of the major European operators in the energy sector

German keen to invest in hi-tech manufacturing in India

A study has identified opportunities and challenges in high-technology Indo-German collaboration, especially for dual use technologies where there are export controls

CSIR-IIP develops nano-catalysts for manufacturing petrochemicals

The institute has developed several nano-catalysts that can help produce petrochemicals such as phenol, propylene oxide, ethylene, etc through an eco-friendly route

Insecticides India's profit up 37% in 2014-15

The company's net income at Rs 964.19 crore, up by 12% over last fiscal's Rs 864.08 crore

VHCL Industries bags Rs 20 cr export order for compounded plastic granules

The company has received an order to supply 2670 metric tonnes of compounded 'recycled plastic granules' over a period of nine months, starting September 2015

Johnson Matthey buys DS Smith's StePac modified atmosphere packaging biz

This acquisition complements Johnson Matthey's expertise in functional materials extremely well, bringing post-harvest expertise and IP in the area of polymer-based MAP products

BASF declares force majeure on ethylene oxide & EO-based products in Europe

The company expects that the supply situation of the affected products to improve towards end of June

Tosoh to supply Chemtura's brominated flame retardant products in Japan

As per the deal, Tosoh will have the exclusive right to sell Chemtura's Emerald Innovation 1000 flame retardant products to Japanese customers

Suven Life receives patent for CNS drug in Mexico and Singapore

The granted claims of the patents include the class of selective alpha-4-beta-2 compounds discovered by Suven

CVS Health to buy Omnicare in a $12.7 bn deal

With this acquisition, CVS Health will significantly expand its ability to dispense prescriptions in assisted living and long term care facilities, serving the senior patient population

Glenmark gets tentative US FDA nod for epilepsy drug Rufinamide

Rufinamide tablet, which is a therapeutic equivalent of Banzel tablets of Eisai Inc, is used to treat seizures caused by Lennox-Gastaut syndrome

Jacobs bags contract for Bristol-Myers Squibb's biologics plant

The company will provide architectural and engineering services for the new facility, which will increase Bristol-Myers Squibb's biologics manufacturing capacity

Borealis and Agrifos to set up ammonia plant in Texas

The brownfield, hydrogen-based project is scheduled for mechanical completion and start-up in early 2019

Chembond divests stake in JV with Henkel

Divestment was part of Chembond's strategy to invest in other businesses such as water treatment, construction chemicals, industrial coatings, animal nutrition and enzymes

Govt approves Rs 4500-cr ammonia-urea complex in Assam

The Cabinet also gave its nod for the revival of closed urea unit of Fertilizer Corporation India Limited (FCIL) at Sindri (Jharkhand) with an investment of Rs 6,000 crore