Page 204 - B2B Connect

Astral Poly Technik buy 76% stake in adhesive maker Resinova for Rs 213 cr

The acquisition of Resinova will synergise with Astral's existing pipes and fittings businesses by deepening and widening its product offerings

VA Tech Wabag bags Rs 100-cr sewage treatment order in Philippines

Wabag has already executed three projects in Philippines at Bagbag, Tatalon and Don Imelda and is currently executing two large projects at Illugin and Putatan

Stephen Pryor to retire as ExxonMobil Chemical's president

Neil Chapman, senior vice president, Polymers, ExxonMobil Chemical, likely to be appointed in his place

PerkinElmer to buy Swedish firm Perten Instruments for $266 mn

The acquisition is expected to significantly expand PerkinElmer's presence in the rapidly growing area of food testing

High energy cost & low R&D spending decline EU chemical sector's competitiveness

Energy-intensive chemical segments such as petrochemicals and polymers, which account for half of EU chemicals exports, were especially hit

Ineos to invest $1 bn in the UK shale gas industry

If Ineos wins all the shale gas licenses it has applied for, the company will be the biggest player in the UK shale gas industry

Marine Ingredients buys BASF's omega-3 plant in Norway

The US-based company has acquired BASF's manufacturing facility for natural fish oils, medium-concentrated omega-3s, and customised bottled fish oil in Brattvag, Norway

US court rejects Ranbaxy plea against US FDA

Ranbaxy had filed a lawsuit against US FDA for revoking tentative approvals granted to it for making generics of Valcyte and Nexium

Volkswagen opens competency centre in Pune

The centre will cater to the global operations of all the brands of Volkswagen Group

BASF and Glunz co-develops multicolour medium-density fibreboards

These specially designed fibreboard materials consist of mass-coloured wood fibres and offer many design options for various fields of application

Dr Reddy's launches OTC fexofenadine tabs in US

The company's fexofenadine hydrochloride and pseudoephedrine hydrochloride extended release tablets 60 mg / 120 mg is available in a 20 count blister

Govt to frame National Food Processing Policy

The policy to become a mechanism for development of entire food processing sector in India

Govt abolishes licensing for ammonium nitrate fuel oil

Removal of licensing requirements is expected to help mine owners, who had to obtain multiple licences for making ANFO, used for blasting purpose in mines

Verdezyne to set up bio-based diacids plant in Malaysia

Agreement with Bio-XCell to finance and build Verdezyne's commercial plant with annual production capacity of 30 million pounds of diacids

Orica sells chemicals business to Blackstone for Aus$ 750 mn

The sale includes the chemicals trading businesses in Australia, New Zealand and Latin America and the Australian chlor-alkali manufacturing business

Kemira opens functional chemicals plant in China

The plant, built at Nanjing Chemical Park, Jiangsu Province, will provide a wide range of functional and process chemicals for water-intensive industries such as paper

Tatarstan eyes collaboration with India in pharma, chemicals, fertilisers

India and Tatarstan to set up a joint working group (JWG) comprising representatives of all three streams - fertilisers, chemicals and petrochemicals, pharmaceuticals

Apar Industries to set up specialty oils plant in UAE

The plant will have facilities to store, blend and process a wide range of speciality oils and lubricants for the power, cosmetics, industrial and automotive verticals

Cipla forms alliance with Serum Institute to market paediatric vaccines in Europe

While Serum Institute will manufacture paediatric vaccines, Cipla will seek approvals and market the products in Europe

Ineos completes BASF's stake purchase in Styrolution

Styrolution will continue to operate as a stand-alone business within Ineos Industries Holdings Limited