Page 202 - B2B Connect

PolyOne buys specialty assets from Accella Performance

The acquisition will help PolyOne accelerate specialty platform growth with expanded portfolio of liquid polymer solutions

Hexpol acquires US rubber compounder Portage Precision Polymers

Portage Precision Polymers, with two manufacturing facilities in Ohio (Ravenna and Mogadore), US, had a turnover of $ 29 million in 2013

Ashland completes sale of elastomers business to Lion Copolymer

The elastomers business, based in Port Neches, Texas, primarily serves the North American replacement tyre market

Wintac hives off oncology products division

Post-separation, Wintac to completely focus on the core activity of product development and manufacturing activity for the regulated export markets

Dr Reddy's API plant receives USFDA's observations

Observations were made by USFDA, after its team visited the plant located at Srikakulam recently

BioMarin to buy Prosensa Holding for $680 mn

In addition, two approximately $80 million contingent milestones are payable for the approval of drisapersen, a potential drug candidate for Duchenne muscular dystrophy

Otsuka Pharma to buy USA's Avanir for $3.5 bn

Avanir company will partner with Otsuka in the US to further enhance its development and commercialisation efforts in CNS-related disorders

AstraZeneca and Eli Lilly start critical clinical trial for Alzheimer's drugs

Companies have initiated a phase II/III study of an oral beta secretase cleaving enzyme (BACE) inhibitor currently in development as a potential treatment for Alzheimer's disease

Sika opens research centre in UK

The centre will focus on research in the area of liquid roofing

IOC to ink MoUwith IDCO for petrochemical complex at Paradeep

The petrochemical complex, to be set up by IOC, is a part of the petroleum, chemicals and petrochemicals investment region (PCPIR) hub

Global oleochemicals market to touch $ 30 bn by 2020

Asia Pacific was the largest regional oleochemicals market and accounted for 41.9 per cent of total market volume in 2013, according to Grand View Research Inc

Acron offers 30% stake to India in potash project in Russia

The Department of Fertilizers (DOF) has constituted a consortium consisting of NMDC, RCF, Kribhco, FACT, and NFL for this $2 billion project

Rane Holdings increases stake in SasMos

By raising its stake from 26% to 45% in SasMos, a supplier of wiring harness for defence and aerospace industries, Rane Holding expects to enhance its position in these two sectors

Jindal Steel abandons coal-to-liquid project in Odisha

The company was planning to set up a Rs 60,000 crore CTL plant to convert coal into petroleum products

Govt plans to import technology to boost investment in renewable energy

While about $ 6.1 billion has been invested in renewable energy in India, China has received investments worth about $ 56.3 billion during the year 2013-14

Alstom T&D bags Rs 56 cr contract from Ceylon Electricity Board

With this deal, Alstom will introduce the first energy management system to Sri Lankan national grid

Japan's Nihon Nohyaku acquires 74% stake in Hyderabad Chemical

Hyderabad Chemical, the manufacturer of pesticides, is a part of Shroff Group of Companies

Global Bioenergies produces butadiene through biological process

For the first time, the company has succeeded in producing butadiene by direct fermentation from renewable resources

BASF to invest $625 mn for enhancing superabsorbent capacities

The first wave of revamping existing plants will be kicked off in Europe, closely followed by plants in Asia and the Americas

Hanwha Group acquires Samsung's defense and chemical subsidiaries

The deal will help Hanwha Group to emerge as one of the leading players in the defense and petrochemical industries in South Korea