Page 200 - B2B Connect
A Schulman to expand masterbatch capacity in China
The US-based firm will double its masterbatch production capacity in Dongguan, China, to serve the growing demand from the packaging and personal care & hygiene industries
Thriving consumer market driving demand for specialty polymers
Indian polymer industry should focus on developing specialty polymers - a key component of consumer goods such as electronics, automotive, etc - indigenously as the demand for these products grow mani
 "Thriving consumer market driving demand for specialty polymers")
US-based Merck buys Cubist Pharmaceuticals for $8.4 bn
Acquisition of Cubist, a global leader in antibiotics, will augment Merck's strong foundation and opportunity for growth in hospital acute care market
 "US-based Merck buys Cubist Pharmaceuticals for $8.4 bn")
Ranbaxy-Sun Pharma deal receives Competition Commission's approval
As one of its preconditions for the approval, CCI has asked the companies to divest seven products, which constitute less than one percent of the combined entity's revenues in India
 "Ranbaxy-Sun Pharma deal receives Competition Commission's approval")
Zydus Cadila launches biosimilar of Adalimumab
The Drug Controller General of India has granted approval for the company's biosimilar of Adalimumab for treating rheumatoid arthritis and other auto immune disorders in India
Reliance Industries inks MoU with Mexico's PEMEX
As per the MoU, RIL will cooperate with PEMEX for assessment of potential upstream oil and gas business opportunities in Mexico
 "Reliance Industries inks MoU with Mexico's PEMEX")
Sanofi to buy Merck's facility in Puerto Rico
Acquisition of this formulation and packaging site will expand the global manufacturing footprint of Merial, the animal healthcare company of Sanofi
Clinical optical imaging market to reach $2 bn in 2020
Optical coherence tomography devices along with other technologies such as near-infrared spectroscopy (NIRS) and photoacoustic tomography (PAT) to drive the growth, according to Lux Research
KKR to invest in Arbor Pharmaceuticals
Significant minority stake by KKR is expected to aid growth of Arbor
Aurobindo Pharma completes the acquisition of US-based Natrol
The company had emerged as the highest bidder ($ 132.5 million) to acquire assets of Natrol under the auction process by the US Bankruptcy Court for the District of Delaware
 "Aurobindo Pharma completes the acquisition of US-based Natrol")
BASF to acquire Taiwanese TPU adhesive producer TaiwanSheen Soon
With the acquisition, BASF will become an integrated solution provider for thermoplastic polyurethanes (TPU) and TPU adhesives, which enhances its value proposition to customers
Indorama Ventures to acquire China's Performance Fibers
The acquisition of Performance Fibers Asia (a premier producer of tyre fabrics) will help Indorama to consolidate its position as a major supplier of raw material to tyre industry in Asia
 "Indorama Ventures to acquire China's Performance Fibers")
Ineos and Sasol begin construction of HDPE plant in Texas
The facility, which is expected to go on stream in 2016, will produce 470 kilotonnes per annum of bimodal HDPE using Innovene S process technology licensed from Ineos
Yara to invest $220 mn in Swedish ammonium nitrate facility
The company will increase technical ammonium nitrate capacity in Koping, Sweden, to about 450 kt per annum
Dow divests sodium borohydride business and polyolefin films plant
The deal, to sell its global sodium borohydride business to Vertellus Specialty Materials and its polyolefin films plant in Ohio to Valfilm, to fetch Dow $225 million
Celanese to set up technology center in Mexico
With the new commercial and technology center in Mexico, Celanese will offer customers a diversified portfolio of products and solutions
US membrane market to reach $6.2 bn in 2018
Reverse osmosis will be one of the fastest growing membrane types, advancing at an 8.6 percent annual rate through 2018 to $1.6 billion, according to Freedonia Group's report
 "US membrane market to reach $6.2 bn in 2018")
Clariant aims to tap pharma industry with packaging solutions
The company showcases latest polymer and desiccant packaging solutions at CPhI India 2014 which can maintain drug stability and extend shelf life
 "Clariant aims to tap pharma industry with packaging solutions")
Thermax wins Rs 351 cr contract for captive power plant in Africa
This is the second order received by Thermax from the same African company. In October this year, Thermax was awarded a Rs 321 crore contract to a captive power project
 "Thermax wins Rs 351 cr contract for captive power plant in Africa")
EU members fault GVK Bio clinical trials, suspend marketing approvals for medicines
European Medicines Agency (EMA) is currently reviewing findings of non-compliance with good clinical practice at the GVK Biosciences' Hyderabad site
 "EU members fault GVK Bio clinical trials, suspend marketing approvals for medicines")
