Page 170 - B2B Connect

Grace to provide Unipol PP technology to China's Yuntianhua Group

With an expected opening in 2017, the new enterprise will produce polypropylene at a rate of 150 kilo tonnes per annum (ktpa)

A Schulman expands PET masterbatch compounding capacity in Europe

The added PET product, which is commercialised under the name of PolyPet, will significantly increase the company's PET yearly production capacity

VHCL Industries bags Rs 32 cr export order for recycled plastic granules

The company is also evaluating a proposal of stake sale to a strategic investor

Hilleman Labs extends thermostable technology to more vaccines

Last year, Hilleman had initiated R&D of thermostable formulations of oral rotavirus vaccine, which offered longer stability of the vaccine even in varying temperature

Zydus Group joins hand with US-based NIH for developing leishmaniasis vaccine

The company will collaborate with NIH to investigate the importance of vector salivary proteins in the development of leishmaniasis vaccine

Suven Life receives product patents for CNS drug from overseas authorities

The company has secured patents from Australia, Europe, Hong Kong, Israel and Norway for its NCEs used in the treatment of disorders associated with neurodegenerative diseases

Indian Oil begins commissioning process for 15-MMTPA Paradip refinery

The whole refinery complex, built with an investment of Rs 34,555 cr, is likely to take about 6-8 months for becoming fully operational in an integrated manner

Teva's $40 bn offer to buy Mylan could transform generics space: GlobalData

If the deal goes ahead, the combined company would create a global generics giant with nearly $30 billion in revenue

Solvay begins work on new silica plant in South Korea

The new highly dispersible silica (HDS) plant, with an annual capacity of more than 80,000 tonnes, is expected to be operational in the next two years

BioAmber to supply bio-succinic acid to Bayer MaterialScience

Bio-succinic acid forms backbone of Bayer's new bio-based polyurethanes for textiles

Global dyes & organic pigments market to reach $19.5 bn in 2019

While China will remain the dominant player in the market, rapid growth will also be experienced in smaller Asian markets such as Bangladesh, India, and Vietnam, says a Freedonia report

Water shortage forces Grasim to stop staple fibre production at Nagda plant

The operations of chlor alkali plant at Nagda (Madhya Pradesh) will also be affected at the site

Pondy Oxides begins production of lead & alloys at new AP smelter

The company has commenced trial run of the new smelter plant at Gajulamandyam, near Tirupati in Andhra Pradesh, having an installed capacity of 36,000 mt per annum

How 'Make in India' can happen: Dr Joerg Strassburger

If the government make investors believe that they are welcome, India has the potential to become the second biggest chemical market in Asia within the next 10 years

DuPont buys microbiome discovery company Taxon Biosciences

The acquisition is expected to increase DuPont's in-house capabilities in both seed and crop protection to discover and commercialise biological solutions for agriculture customers

Global propanediol market to reach $ 776 mn by 2022

Demand for 1,3 propanediol (PDO) is expected to increase to 225.9 kilo tonnes by 2022 from 146 kilo tonnes in 2014 globally, according to a Grand View Research report

US-based Ashland opens global business services centre at Hyderabad

The global specialty chemicals major is planning to increase the headcount at the centre to 300, up from the existing 120

Sumeet Industries to set up Rs 75-cr captive power plant

The company expects a saving of Rs 30 crore in a year in the form of reduced power cost

Mahindra group to make new commercial vehicle at Telangana plant

The company has opened an automobile manufacturing facility, built with an investment of Rs 250 crore, at Zaheerabad in Telangana

Danfoss, Sabharwal Food open green cold storage facility at Sonipat

The cold storage facility, designed to European standards, has palletised storing capability and is equipped with material handling keeping in mind the hygiene norms