Page 208 - B2B Connect
Government to set up 12 advanced training institutes
The government o investment over Rs 200 crores for these institutes as a part of 'Make in India' programme
Danish company Danfoss opens Rs 500-cr manufacturing facility in Chennai
The company plans to make India a manufacturing cum export hub for its regional subsidiaries and source products from local suppliers, thereby creating ancillary jobs
 "Danish company Danfoss opens Rs 500-cr manufacturing facility in Chennai")
Praxair to expand New Mexico nitrogen facilities
The expansion will more than triple its current capacity of liquid nitrogen to over 800 tonnes per day
ThyssenKrupp receives contract from Atul Ltd for caustic soda plant
The project envisages the conversion of Atul Ltd's existing mercury cell caustic soda facility at Atul near Valsad and to set-up a 75 tonne per day (tpd) membrane cell facility
Albemarle to raise curative products capacity in Texas plant
The expansion will support Albemarle's Ethacure 100 liquid curative product for application in polyureas, urethanes and epoxies
AkzoNobel opens powder coatings facility in Dubai
The plant will meet the growing demand for decorative powder coatings - particularly from the architectural sector - as well as functional products used in the oil &gas and construction markets
 "AkzoNobel opens powder coatings facility in Dubai")
Reliance Industries plans stake sell in US shale business
The company plans to exit the Eagle Ford Shale Midstream business, in which Pioneer Natural Resources is the partner
 "Reliance Industries plans stake sell in US shale business")
Crop Care Federation claims data fudging in organic farming
The agrochemical industry body, which claimed that organic farming in India is founded on fabricated data, has approached Prime Minister seeking investigation
 "Crop Care Federation claims data fudging in organic farming")
Momentive expands silicone rubber, coatings capacity in Thailand
The company will add new liquid silicone rubber (LSR) and release coatings capacity to serve customers in growing Asian markets
Evonik's polybutadienes plant commences operation in Germany
With this, the company expands its service portfolio of polyesters, polymethacrylates, amorphous-poly-alpha-olefins, wax and polybutadienes for the adhesive and sealants industry
Gail to collaborate with Azerbaijan-based firm for LNG and petrochem projects
The PSUs has signed an MoU with State Oil Company of Republic of Azerbaijan (SOCAR) for jointly pursuing opportunities in LNG, upstream and petrochemical projects
 "Gail to collaborate with Azerbaijan-based firm for LNG and petrochem projects")
Huntsman opens India subcontinent head office in Mumbai
The new office will initially house about 300 Huntsman associates, including over 100 technical staff spread across three floors of state-of-the-art laboratory and research facilities
 "Huntsman opens India subcontinent head office in Mumbai")
MedImmune acquires Definiens to strengthen immuno-oncology capabilities
AstraZeneca's arm will acquire 100 percent of Definiens' shares for an initial consideration of $150 million and make additional predetermined milestone payments
Vertellus buys fine chemical maker Pentagon Chemicals
The acquisition significantly expands Vertellus' manufacturing presence in the agrochemical and pharmaceutical sectors, significantly boosting life science chemistries
Suven begins phase I trials for Alzheimer's drug
The Hyderabad-based company has completed all the pre-clinical, safety and toxicological studies for new chemical entity
Labcorp to acquire Covance for $5.6 bn
The deal to creating world's leading healthcare diagnostics company
Lupin receives US FDA approval for arthritis drug
The company has received marketing approval for Celecoxib, a generic version of GD Searle LLC's (a subsidiary of Pfizer Inc) Celebrex capsules
 "Lupin receives US FDA approval for arthritis drug")
Lonza and Bristol-Myers Squibb expand manufacturing pact for biologics
With this, Lonza's mammalian manufacturing facility in Portsmouth, New Hampshire, will manufacture commercial quantities of a second Bristol-Myers Squibb biologics
Biocon expands partnership with US-based CytoSorbents
Two companies have expanded the scope of their strategic partnership for CytoSorbents' CytoSorb, a critical care drug
 "Biocon expands partnership with US-based CytoSorbents")
Alembic's formulation plant in Sikkim to be operational this fiscal
The Vadodara-based pharma company is reportedly investing Rs 100 crore in the new plant, which will have a capacity of 2.5 billion tablets and capsules
