Page 185 - B2B Connect

Cipla wins Rs 1170 cr tender to supply HIV drugs from Global Fund

The contract is effective from January 1, 2015 and will run for a period of three years

Cipla to form JV with Biopharm SPA for respiratory products in Algeria

Cipla will own 40% in the JV and will invest $6 million initially

Cipla acquires respiratory device maker Jay Precision for Rs 96 cr

The company has acquired 60% stake in Jay Precision - a move that would serve as platform for developing next generation respiratory devices for Cipla

Aditya Birla Chemicals merger with Grasim to consolidate chlor-alkali biz

While Grasim is the leading manufacturer of caustic soda (sodium hydroxide) in India, ABCIL is one of the leading chlor-alkali companies in the country

Adani Ports commissions Tuna Tekra bulk terminal at Kandla

Tuna Tekra dry bulk terminal has 20 mmtpa capacity

Genus Power's Jaipur unit commences commercial production

With the new unit, the company aims to expand and modernise the manufacturing process including strengthening the process of backward integration

Tata Steel acquires 3 strip product service centres in Nordic region

Tata Steel Europe has acquired strip products service centres in Sweden, Finland and Norway from SSAB

Huntsman to reduce European titanium dioxide capacity

As per the plan, which will result in lowering Huntsman's TiO2 capacity by approximately 100 kilo tonne (kt), the company will close specific operations at its Calais, France site

Merck ties up with FlexEnable for plastic LCD technology

New technology makes bendable, light, thin and unbreakable liquid crystal displays (LCDs) possible

Prayon set up sodium hexametaphosphate plant in US

The new plant will double Prayon's its production capacity of food grade sodium hexametaphosphate

New materials pose challenge to silicon-based semiconductors

While gallium nitride & silicon carbide have the potential to significantly improve efficiency of electronic goods, their high cost is a major impediment, according to Lux Research

Asian Paints completes deal to acquire Ethiopia's Kadisco

Kadisco is engaged in the manufacturing and selling of decorative paints, industrial paints, automotive paints, other coatings and adhesives in Ethiopia

SRF to invest Rs 91 cr for enhancing R&D, production capabilities

While SRF will invest Rs 25 crore for augmenting R&D capability of its chemical division, it will spend about Rs 66 cr in upgrading technical textile plant in Gwalior

IMCD to expand its plastic additives partnership with Dow

The company will now distribute plastic additives used in a wide range of rigid PVC and engineering resin applications in Germany, Austria, Switzerland and the UK

Production at plastic park in Dahej to commence in 2016

The plastic industry is poised to make significant contribution to the government's various initiatives such as Swachcha Bharat, housing for all, smart cities, etc, says AIPMA

Massachusetts University & Plastindia to set up global varsity for plastics at Vapi

Gujarat government is also planning a Center of Excellence for automobile sector in cooperation with CIPET and MS University

Reduce excise duty on construction equipment: H Jayaram, Gmmco

Concession on excise duty and sales tax will encourage the demand for construction machines for national missions such as Swacch Bharat Abhiyan, smart cities, etc

Natco files ANDA applications for cancer and multiple sclerosis drugs in US

It has applied for Para IV approvals with USFDA for fingolimod (used to treat multiple sclerosis) and cabazitaxel (used for treating patients with hormone-refractory prostate cancer)

Venus Remedies receives patent for antibiotic Vancoplus

Patent, granted by Indian Patent Office, is valid till 2025

MRPL hikes stake in ONGC Mangalore Petrochemicals to 46%

OMPL has set up an aromatic complex in Mangalore to produce paraxylene and benzene