Page 190 - B2B Connect
Dr Reddy's arm Aurigene inks pact with US firm Curis
Collaboration has been formed to discover, develop and commercialise small molecule antagonists for immuno-oncology and precision oncology targets
 "Dr Reddy's arm Aurigene inks pact with US firm Curis")
Emami buys Australia's Fravin to strengthen personal care biz
The acquisition is expected to give Emami a foothold in the natural and organic personal care market, pegged globally at nearly Rs 47,000 crore
US court rules against Natco Pharma in a patent case
The US Supreme Court has reportedly ruled in favour of Teva over patent for multiple sclerosis drug Copaxone
Take Solutions establishes life sciences firm Navitas
The new company, a spinoff of Take Solutions' life sciences business, will focus on the life sciences domain to compete with industry leaders
 "Take Solutions establishes life sciences firm Navitas")
Suzlon sells Senvion to US-based Centerbridge for Rs 7200 cr
The company plans to use sale proceeds towards debt reduction and business growth in the key markets like India, USA and other emerging markets
 "Suzlon sells Senvion to US-based Centerbridge for Rs 7200 cr")
Johnson Controls and Hitachi form global HVAC JV
Through the agreement, Johnson Controls will obtain a 60 percent ownership stake in Hitachi Appliances' more than Yen 300 billion sales (about $ 2.6 billion) global AC business
 "Johnson Controls and Hitachi form global HVAC JV")
Auto industry must adopt best-in-class technology: Anant Geete
With environment issues becoming important, the auto industry should adopt the 'clean and green' technologies, said the minister
 "Auto industry must adopt best-in-class technology: Anant Geete")
Pearl Global to expand capacity in South India
The apparel manufacturer will invest around Rs 17-20 crore to tap the South India, which is fast emerging as the new garment manufacturing hub of India
 "Pearl Global to expand capacity in South India")
GSFC plans to invest Rs 1209 cr to expand production
The company plans to increase capacity of Nylon-6, melamine and Nylon-6 fully drawn yarn by 15,000 MTPA, 40,000 MTPA and 2,600 MTPA respectively
 "GSFC plans to invest Rs 1209 cr to expand production")
Meghmani Organics strengthens agro formulation business
The company is aiming to achieve Rs 250 crore revenue from branded formulations business within next two years, a threefold rise from current revenue
 "Meghmani Organics strengthens agro formulation business")
US and Brazil to drive growth of bio-based materials market
The global capacity to produce bio-based materials and chemicals from emerging technologies will rise to over 7.4 million metric tonnes in 2018, according to Lux Research
 "US and Brazil to drive growth of bio-based materials market")
Anellotech, IFP Energies & Axens to co-develop bio-aromatics technology
The new technology - which will produce bio-based benzene, toluene and paraxylene - is expected to be ready for industrial implementation in 2019
University of Tennessee to lead national composites institute in US
Advanced Composites Manufacturing Innovation (IACMI) has received a $70 mn commitment from the US Department of Energy (DOE) and $189 million from IACMI's partners
Global calcium chloride market to reach $1.2 bn by 2020
The global calcium chloride market, valued at $ 817.4 million in 2013, is anticipated to reach $ 1,205.8 million by 2020, according to Transparency Market Research
 "Global calcium chloride market to reach $1.2 bn by 2020")
ONGC & IITs join hands to develop technologies for hydrocarbons & energy
Both sides have agreed to work towards a collective R&D programme for developing indigenous technologies to enhance exploration of hydrocarbons and alternate sources of energy
 "ONGC & IITs join hands to develop technologies for hydrocarbons & energy")
BASF to expand butanediol capacity in US
With this expansion, German firm's global butanediol capacity will increase to 6,70,000 metric tonnes per year
UAC Global acquires Thai firm Advance Polymers for $ 22 mn
APC manufactures and supplies chemicals, with latex as the main product (polymer emulsions and polymer solutions), for various industries
 "UAC Global acquires Thai firm Advance Polymers for $ 22 mn")
BASF launches new extruded polystyrene product
Styrodur 3000 CS extruded polystyrene rigid foam panels have the same thermal conductivity of 33 mW/mK across all panel thicknesses from 30 to 240 mm
 "BASF launches new extruded polystyrene product")
Stepan Company sells specialty PU systems business to J6 Polymers
The sale included inventory as well as customer and supplier lists, intellectual property, formulations and manufacturing procedures
Govt to open 100 institutes for plastic technology
The number of Central Institute for Plastic Engineering and Technology (CIPET) will be increased from the current 23 to 100 in next 5 years, according to Ananth Kumar
 "Govt to open 100 institutes for plastic technology")
