Page 193 - B2B Connect

Shire Plc to acquire NPS Pharma for $5.2 bn

The company will accelerate the growth of NPS Pharma's innovative portfolio through its market expertise in gastrointestinal disorders, core capabilities in rare disease patient management, etc

AMRI buys Aptuit's two facilities in US & UK for $60 mn

Significantly expands AMRI's analytical services capabilities and extends drug development services to include sterile injectable formulation development

Evonik appoints Dr Ulrich Kusthardt as CIO

He replaces Dr Peter Nagler as chief innovation officer

Global oil & gas exploration activity to remain high

Although a sharp decline in oil prices in late 2014 will have a restraining effect on the upstream industry in the short term, investment in oil & gas projects is likely to increase, says a Freedo

TUV SUD to tap power, chemicals, oil & gas sectors in Gujarat

The German testing and certification company participates in Vibrant Gujarat Summit to further expand its reach in the sectors

Indorama Ventures inks pact with Polyplex to buy PET resin plant in Turkey

With this acquisition, the company will have a combined capacity of 3,82,000 tonnes, making it a leading domestic PET producer in Turkey and the South East Europe region

S Krishna Prasad is CPCL's new director (finance)

He assumed the new charge at Chennai Petroleum Corporation Ltd on January 9, 2015

MWV to establish specialty chemicals biz as separate company

Spinoff expected to enhance value for shareholders by creating two strong, market-leading companies in the areas of packaging and specialty chemicals

Insecticides India aims Rs 1200-cr turnover in 2014-15

The company is banking on exports to boost sales

McNally Bharat bags Rs 38-cr order from Brazil's Vale Group

The company's German subsidiary has received an order for supply of spare parts to optimise iron ore beneficiation activities

Siemens showcases sustainable solutions at Vibrant Gujarat Summit 2015

The company has two factories in Vadodara for steam turbines and laboratory diagnostics, and has signed an MoU with the Government of Gujarat to set up centres of competence

Distributed manufacturing can be next disruptive technology

DM has popped out products from smart watches to cars, but scale economics and demand for novelty show which industries it will disrupt, says Lux Research

VA Tech Wabag wins Rs 220-cr water treatment project in Varanasi

The contract is part of JICA-funded Ganga Action Plan project, which is being implemented by the Ganga Pollution Prevention Unit of UP Jal Nigam, Varanasi

Dr Tammo Boinowitz to head Evonik's personal care business

He succeeds Dr Dietmar Moll, who will move into a new role and take care of strategic projects in the future

Shell to pay Pound 55 mn for oil spills to Bodo community in Nigeria

In late 2008, two oil spills took place on the Bomu-Bonny Pipeline in Bodo caused by operational failure of the pipelines, according to Shell

Govt removes restriction on neem coated urea production

Chemicals and Fertilizers Minister says there would neither be increase in urea price nor change in subsidy

Mitsubishi Plastics and Mitsubishi Rayon to merge carbon fibre businesses

The move will enhance Mitsubishi's carbon fibre and composite materials business

Mangalore Chemicals resumes urea production

This follows the decision of the centre government to continue the payment of subsidy for urea plants using naphtha as feedstock

Praj Industries bags ethanol plant contract in Uganda

The contract for Uganda's largest ethanol plant was awarded to the company by Kakira Sugars

Indian Oil appoints Verghese Cherian as HR director

Cherian has served as executive director of Indian Oil Institute of Petroleum Management at IOCL