Page 220 - B2B Connect

AstraZeneca sets up global tech centre in Chennai to cut IT cost

While this is company's first such centre globally, it plans to establish two more technology centres in San Francisco (USA) and in Eastern Europe

Gilead inks licensing pacts for Hep C drug with Ranbaxy, Cipla, Mylan, four Indian firms

Seven India-based firms - Ranbaxy, Cipla, Mylan, Cadila, Hetero, Sequent and Strides Arcolab - will produce hepatitis C medicines for distribution in 91 developing countries

Lupin inks pact to market US-based Salix Pharma's drugs in Canada

The addition of Salix Pharma's product portfolio opens up growth opportunities for Lupin in Canada, where it is in the process of establishing its presence

Malaysia's IHH Healthcare to buy Fortis' stake in RadLink for $ 108.5 mn

Fortis Healthcare has divested stake in the Singapore based RadLink to focus on Indian operation

Advanced Petrochemical to invest in South Korean PDH plant

The $ 1-billion project, which is scheduled to start up in the first half of 2016, will have capacity to produce 6,00,000 metric tonnes per annum of propylene

Evonik begins work on methionine dipeptide plant in Antwerp

Aquavi Met-Met, a dipeptide made up of two methionine molecules, is a feed additive specially developed for shrimp and other crustaceans in aquacultures

Eastman acquires specialty chemical maker Taminco for $2.8-bn

Acquisition will add attractive alkylamines stream to Eastman's portfolio and strengthen its presence in attractive niche markets such as food, feed and agriculture

Chinese petrochemical company to use Honeywell's UOP technology for isobutylene

Shandong Shouguang Luqing Petrochemical Co Ltd to use UOP C4 Oleflex process technology to produce 170,000 metric tonnes of isobutylene per year

Solvay acquires Germany's Flux to bolster aluminum brazing formulations

Flux has its production site in Garbsen, close to the Solvay Special Chemicals site in Hannover

Lanxess expands inorganic pigments facility in China

The company will a mixing and milling plant to the pigment facility in Ningbo to strengthen its production network in China to meet the growing demand for iron oxide pigments

Concentrating solar power in India: An outlook to 2024

India is a market which has suffered a number of setbacks but it is now getting back on track putting in place a robust framework which takes into consideration lessons learnt under JNNSM Phase 1

Indian Oil Corp to commission Paradip refinery in early 2015

The polypropylene unit of IOCL's petrochemical complex is expected to be inaugurated next month

Gail to offer alternate gas to South Gujarat industrial units

Earlier, the PSU had informed the units of South Gujarat about curtailing supply of APM gas to them

The essential guide to talent sustainability

With veterans disappearing from the workplace through retirement, there is a clear need for a sustained approach to capture, nurture and retain knowledge for the long-term future of the process indust

Bajaj Electricals bags Rs 518 crore order

The company has received two rural electrification orders in Madhya Pradesh worth Rs 518.46 crore

Ingersoll Rand to upgrade Gujarat facility with Rs 100 cr investment

The strategic investment in the Naroda plant (near Ahmedabad) to drive innovation and product development from India

L&T-MHPS Boilers wins Rs 1,885 crore order from NTPC

This is the first order for supercritical steam generators from NTPC to L&T-MHPS Boilers - a JV between L&T and Japan's Mitsubishi Hitachi Power Systems

Titan commissions SS watch case plant in Coimbatore

Set up at a cost of over Rs 75 crore, the new plant will manufacture around one million cases per annum and scale it up to two million cases annually

Autodesk launches an open software platform for 3D printing

Spark software aims to democratise design technology and make it accessible for every manufacturer

High-net-worth individuals eye family businesses for investment

While traditionally banks have been major source of funding for family businesses, high-net-worth individuals (HNWIs) are also showing keen interest to invest in these businesses, says KMPG