Page 206 - B2B Connect

Dow sells Angus Chemical to Golden Gate Capital for $1.215 bn

The divestiture aligns to Dow's efforts to achieve its identified target of $ 4.5 billion to $ 6 billion in proceeds from shedding non-strategic assets and businesses by year-end 2015

The importance of unexpected outcomes: Neal Williams

Organisations that are able to achieve an effective cross-departmental dialogue will be best placed to identify opportunities to transfer technologies from one business area to another

Ananth Kumar unveils world's largest glass fibre reinforced gypsum panel

Prefab Gypwall, which is approved as an alternative building material, envisages new construction methodology for affordable housing

Proactive approach towards corrosion control must to prevent loss: Ananth Kumar

In India alone, the loss on account of corrosion is estimated at around $ 67 billion (over Rs 4 lakh crore), which can be reduced by adopting corrosion control and management techniques

Jaiprakash Power sells two hydro power plants to JSW for Rs 9,700 cr

The company has sold two hydro power plants - the 300-Mw Baspa-II hydroelectric plant and the 1,091-Mw Karcham Wangtoo plant - in Himachal Pradesh

ONGC to invest over Rs 10,600 cr to enhance production

While the company will invest Rs 6,069 crore for redevelopment (Phase-III) of Mumbai High (South), it will spend Rs 4620 crore in integrated development of Mukta, Bassein and Panna formations

Sterlite Grid commissions India's first ultra mega power transmission project

The completion of East-North Interconnection Company Ltd (ENICL) project has helped double the power transfer to the North Eastern region

TAPI Pipeline Company established by member countries

The company, in which Gail has a stake, will export up to 33 billion cubic meters of natural gas a year from Turkmenistan to Afghanistan, Pakistan, and India over 30 years

3F Industries launches sunflower oil brand to enter branded edible oil market

The company would utilise the additional capacity at its refinery near Krishnapatnam port, Nellore, for the production of Sunsolite, its branded sunflower oil

Bell Helicopters appoints Dynamatic as supplier for airframe assemblies

The estimated business volume for Dynamatic from the agreement is approximately $90 million over a seven year period with options

Venus Remedies receives approval for meropenem in Switzerland

The company has secured more than 40 marketing authorisations for the antibiotic drug, the global annual generic sales of which stood at $1,879 million in 2012

Reliance Power commissions 100 MW solar power plant in Rajasthan

The plant, built with an investment of Rs 2,100 crores, is world's largest concentrated solar power project based on compact linear Fresnel reflector (CLFR) technology

Shalimar Paints records Rs 2 cr loss in Q2 FY14-15

The company's sales down by 7% to Rs 112 crore due to capacity constraints in the industrial segment after Howrah plant became in-operative

Amara Raja plans to set up Rs 500-cr tubular batteries facility

The tubular batteries manufacturing plant (for home UPS application) will have a capacity of 1.44 million units per annum

Aurobindo emerges winner to buy US-based Natrol with $132 mn bid

Natrol, which manufactures nutritional supplements, provides Aurobindo with strong brand reputation and presence in a variety of attractive supplement markets

RCF and BPCL tie up for water recycling project in Mumbai

Two companies will set up a sewage treatment plant to treat 22.75 MLD of sewage to produce about 15 MLD of treated water, which will be used by RCF and BPCL

Meghmani Finechem to set up caustic potash plant in Dahej

The company will built 60 metric tonnes per day caustic potash plant with an investment of Rs 65 crores

Solvay commissions ETFBO facility in Germany

ETFBO (4-ethoxy-1,1,1-trifluoro-3-butene-2-one) is used in agrochemicals production for increasing efficiency of active ingredient molecules and making them more easily biodegradable

Petronas acquires Phillips 66's stake in Malaysian Refining Company

The company will pay $635 million for making MRC its wholly-owned subsidiary

Sanjay Syal resigns Indo Rama Synthetics as President & CFO

Sanjeev Aggarwal is the new President & Chief Financial Officer