Page 218 - B2B Connect

SABIC plans to tap Indian lighting industry with innovative polymers

As a part of this plan, the Saudi Arabian company launches a range of plastic compounds for LED application at the recently held Light India exhibition

Rajoo Engineers forms JV with Dutch firm Meaf for extrusion technology

The JV will bring in energy-efficient, low-cost sheet extrusion and thermoforming solutions in India

SMS Pharma to invest about Rs 1000 cr in AP

The company plans to scale down manufacturing operations in Telangana

NPPA withdraws price cap guidelines for 108 medicines

After a directive from the government, NPPA withdraws guidelines that reduced prices of 108 medicines in anti-diabetes and cardiovascular segments

Germany's Merck to acquire Sigma-Aldrich for $17 billion

Acquisition expands Merck Millipore's global reach, increasing the company's presence in North America and adding exposure to fast-growing Asian markets

RusVinyl commences PVC production in Russia

The Euro 1.4 billion greenfield project is considered to be one of the largest petrochemical projects in Russia

Cipla signs licensing deal with Salix Pharma for Rifaximin complexes

Under the agreement, Salix will have exclusive rights under certain patent applications in the 'Rifaximin Complexes' patent family controlled by Cipla

Opal's Dahej petrochemical plant to go on stream in June 2015

The delay has escalated the cost of the project by 27% to Rs 27,122 crore

RCF plans to set up 1.27 MT urea plant in Iran

The company is also exploring possibilities of entering into long-term offtake agreements for potash with suppliers in Canada

Assam Gas Cracker may go on stream by June 2015

The project, undertaken by the Brahmaputra Crackers and Polymers Limited, is expected to generate substantial investments in downstream plastic processing industries

Aegis Logistics forms JV with Japan's Itochu Petroleum for LPG

For this, Indian firm sells 40% stake in its Singapore subsidiary to Itochu for $ 5.85 million (about Rs 35 crore)

BHEL to focus on EPC biz and expand product range for growth

At the end of the year, total orders in hand for execution in 2014-15 and beyond, stand at Rs 1,01,566 crore

Arkema proposes to buy Total's adhesive company Bostik for Euro 1.74 bn

With this acquisition, France-based Arkema plans to strengthen its position in specialty chemicals

Bayer to float MaterialScience as separate company

The move expected to give MaterialScience direct access to capital for its future development, as Bayer decides to focus exclusively on life sciences business

Bayer to realign business; decides to focus only on life sciences biz

The company plans to float MaterialScience as separate company, and focus only on life sciences businesses - HealthCare and CropScience

Sutlej Textiles to expand home textiles division; shuts fabric unit

The company will invest Rs 88.5 crores in Damanganga Home Textiles at Daheli (Gujarat) to increase its capacities from 2.5 million metres per annum to 9.6 million metres

BHEL wins Rs 3536 crore order from Gujarat State Electricity

The company says it has won country's first ever EPC contract for 800 MW rating supercritical power project

Vikas GlobalOne expands UPVC compounds and flame retardants range

The company expects to generate additional revenue of Rs 35 crores from these new launches, which are targeted at manufacturers of rigid PVC pipes and wires & cables

L&T wins order to build airbase in Oman

The contract is for the construction of the Adam Airbase in Al Dakhiliya Governorate, Sultanate of Oman

Sun Pharma inks licensing pact with US-based Merck for tildrakizumab

Indian firm will acquire worldwide rights to tildrakizumab for use in all human indications from Merck in exchange for an upfront payment of $ 80 million