Page 231 - B2B Connect

Solvay sells Eco Services business unit to CCMP Capital

The transaction terms correspond to an enterprise value of $ 890 million

AkzoNobel and Solazyme expand partnership for algal oils

Expansion includes joint product development and principal terms of a multi-year supply agreement targeting annual supply of up to 10,000 MT of algal oil for surfactant production

Govt to benefit $1.1 bn by promoting domestic solar manufacturing

While supporting domestic industry could result in moderately higher price of solar power in the short run, the cost curve would fall in the medium term as scale and supply chains develop, says ISMA -

Siemens wins Power Grid Corp's Rs 411-cr order

Automation major to supply static var compensators at three substation locations

Provisions for settlement with US impact Ranbaxy's earnings

Sales from the North American market dipped 11% over a year to Rs 760 crore

Anti-dumping duty on PTA import creates rift between producers and polyester companies

While PTA producers welcome the move, PTA users - such as polyester companies - feel it will hurt the industry as manufacturing cost will go up

ICVL buys Rio Tinto's coal assets in Mozambique for $50 mn

The Mozambique acquisition by ICVL can provide long-term coking coal security as Indian steel companies need higher input of raw material to fuel their growth

Dow Corning opens application development centre in Mumbai

The centre will allow Dow Corning to offer customised silicon-based solutions in key industries like automotive, beauty and personal care, construction, household care, packaging and textile

BASF invests Euro 90 mn to expand innovation centre in Shanghai

The move to strengthen innovation capabilities of the company to support growth industries in Asia Pacific

Arkema commissions methyl acrylate plant in Texas

This investment represents the last phase of a $110 million investment plan intended to strengthen Arkema's rankings in the US acrylics market

AkzoNobel joins hand with SERIS for solar cell research

Both will explore low-cost methods to produce high-efficiency silicon wafer solar cells

"India should take a lead in construction chemicals research"

In this interview, A J Charles and M A Waheed, the Directors and Founders of Perma Construction Aids, explain the importance of construction chemicals for India, which is all set to witness a boom in

Demand for data leakage prevention software is on the rise: Vadim Kuznetsov, InfoWatch

In this interview, Vadim Kuznetsov, International Sales Director, InfoWatch, elaborates on importance of data protection and analysis for manufacturing companies

Compressor surge control: Mitigating risk with simulation software

By adopting dynamic simulation software, engineers can eliminate the risk of compressor failure with improved design workflow and optimised performance

Reliance Power to acquire Jaypee group's hydro projects

Jaypee group's portfolio comprises three plants, with an asset life of over 50 years, each using run-of-the-river technology to convert natural water flow to electricity

Global LED materials market to reach $11.71 bn in 2018

LED fixtures light up the chemical materials market bringing new manufacturing opportunities, finds Frost & Sullivan

Only six PSU fertiliser plants in profit, 7 under losses: Nihal Chand

As many as ten fertiliser plants, out of 23 operated by state-run companies, are closed

Gail signs MoU with Japan's Sumitomo Corp for LNG and petrochem

Both firms will work closely to bring LNG from US and would cooperate on businesses ranging from upstream to downstream

Cotton Corporation inks pact with NTC to set up ginning mill in AP

CCI has earmarked Rs 20 crore for setting up a pressing & ginning plant with 60,000-tonne capacity, and a warehouse with a capacity of 100,000 tonnes for storage of cotton

Biocon's R&D spend up by 15%

Of the gross R&D spend of Rs 54 crore, its net R&D spend was Rs 31 crore