Page 198 - B2B Connect

Pitti Laminations begins commercial production at Pune facility

The company is shifting a part of its capacity from Hyderabad unit to the new Pune plant

Garware Synthetics to expand plastic engineering business

The company is planning to diversify into manufacturing of plastic component for automotive application

First propylene unit using UOP Oleflex technology reaches project capacity in Russia

UOP Oleflex technology meeting design capacity of 5,10,000 metric tonnes annually of high-quality propylene to meet growing global demand

PE firm Standard Investment buys DSM Synres

DSM Synres produces solvent-borne alkyd and acrylic coating resins at its site in Hoek van Holland (Netherlands) for the global coatings, adhesives and graphic arts

Deutsche Beteiligungs acquires process equipment maker Pfaudler

Pfaudler, which manufactures manufacturer of glass lined as well as fluoropolymer reactors and components at nine locations globally, owns majority shares in GMM Pfaudler in India

Ceat begins construction work for tyre making unit in Nagpur

The company is investing Rs 420 crores in the plant, which will manufacture 2-3 wheeler tyres and have a capacity of 120 metric tonne per day

Lonza inks collaboration pact with innovation clusters in France & Italy

The company to support small biotechnology firms in these two clusters that are developing novel therapeutics

Panacea Biotec forms research alliance with US-based Apotex

Indian firm will undertake product development and will manufacture and supply the products to Apotex

Ranbaxy receives approval for malaria drug Synriam from 7 African countries

While the company has already launched the product in Uganda, it is planning to introduce the product in other six countries towards end of January 2015

Suven Life receives five patents from four countries

The company has received two product patents from Israel, and a patent each from Japan, China and New Zealand corresponding to the new chemical entities (NCEs)

Hong Kong-based Leaders Group eyes stake in Dr Datsons

Dr Datsons officials are expected to meet the management of Leaders Group Asia Limited for finalising the terms and conditions and magnitude of investment

Gujarat pharma market grows 22.4% in November

Gujarat was followed by Chhattisgarh market at 19.6 per cent and Madhya Pradesh Market at 19.3 per cent, showed AIOCD data

Dow-Colorcon alliance launches excipient for pharma industry

Excipient, Methocel DC2, helps pharma companies to lower manufacturing costs by up to 60%, while improving tablet quality, claims the manufacturers

Cipla sells stake in Chinese JV Jiangsu Cdymax for $18.5 mn

The company has sold its stake to an affiliate of one of the other shareholders of Jiangsu

Asahi buys Johnson Matthey's gold & silver refining business for $186 mn

The business will be divested to Asahi Holdings Inc, a collector, refiner and recycler of precious and rare metals from waste materials

Technip announces plans to acquire Zimmer Polymer Technologies

The new polymers business will strengthen Technip's portfolio of downstream technologies by enhancing group's position as a technology provider to the petrochemicals industries

Pidilite Industries establishes subsidiary in Ethiopia

The Ethiopian subsidiary, Pidilite Chemical Plc, will manufacture adhesives, mastics, paints, varnishes or similar coatings, printing, writing and painting inks, etc

NMDC signs MoU with Acron for stake in potash project in Russia

The company signed the MoU on behalf of a consortium comprising NMDC, RCF, Kribhco, FACT and NFL

Sinopec-Mitsui JVs commission plants for phenol, acetone and EPT in Shanghai

The new plants of ethylene-propylene-dieneterpolymer (EPT), phenol and acetone will meet the growing demands for these materials in China

New fertiliser units to boost production in next five years

The government is planning to start and revive at least 6-7 fertiliser plants in next 5 years in both public and private sectors, according to Ananth Kumar