Page 96 - B2B Connect

LyondellBasell completes acquisition of Zylog's polypropylene compounds biz

This is LyondellBasell's second major acquisition in PP space in India following its takeover deal for SJS Plastiblends' PP compounding business in October 2015

Petronas Chemicals cancels $1.3 bn elastomers project in Malaysia

While the company has aborted the elastomers project, it will proceed with the other two projects for polymers and glycols as per the original plan

Government bans usage of polychlorinated biphenyls in India

Polychlorinated biphenyls, widely used in electrical equipment in the past, have already been banned in many countries because of environmental concerns

Chemistry is key to achieve the sustainable development goals: Neil Hawkins

In this interview, Neil Hawkins, CSO, The Dow Chemical Company, says that India is a critical country for ensuring that the world travels on the sustainability path

BEML ventures into dredging business

The company signs an MoU with Dredging Corporation of India for indigenous design, development and manufacture of spares for dredgers

Market for infection prevention products & services in US to exceed $ 27 bn

Increasing pressures on healthcare facilities to decrease rates of healthcare-associated infections (HAIs) is expected to boost revenues in this sector, says a Freedonia report

ICMR and Japan's NIID to collaborate for antimicrobial resistance research

Two sides will collaborate on the development of integrated surveillance program covering epidemiology data and genomic data of antimicrobial resistance in each country

Sanofi to invest Euro 300 mn in Belgium plant to expand biologics capabilities

The additional investment will support production of monoclonal antibodies

Chinese drug discovery firm WuXi AppTec acquires Germany's Crelux

Acquisition enhances WuXi's structure-based drug discovery capabilities and establishes WuXi research facilities within Europe

Dr Reddy's launches migraine drug Zembrace SymTouch in US

The company had received the US FDA's approval for Zembrace SymTouch (sumatriptan injection) for the acute treatment of migraine in January 2016

Swedish firm Recipharm buys Kemwell businesses for Rs 1360 cr

Two separate agreements have been signed for this - while first comprises US and Swedish operations, the second comprises operations in India

Cabb begins production of monochloroacetic acid in China

The plant, an investment of Euro 15 million carried out in a joint venture with Chinese company Jining Gold Power, will produce around 25,000 metric tonnes of MCA

Yash Papers plans biodegradable tableware plant

The plant, to be located at Faizabad (UP), will have an installed production capacity of 3,300 MTPA

Arkema sells activated carbon and filter aid business to Calgon Carbon

Following this divestment, Arkema's filtration and adsorption business will be mostly recentered on molecular sieves, surfactants, oilfield chemicals, and phosphorus derivatives

MMTC inks supply pact with Canada's Encanto for potash

Encanto will supply of a minimum of 2,000,000 metric tonnes of potash (approximately $ 600 mn) from its Muskowekwan project (Canada), to Metals and Minerals Trading Company

Phoenix Lamps to merge with Suprajit Engineering

The combined entity will be one of the leading auto component companies with diversified product range

Reliance to shutdown distillation unit of Jamnagar SEZ refinery for 3 weeks

The company will shutdown the unit in May this year for routine maintenance & inspection activities

Cipla partners with global NGO FIND for hepatitis C cure & diagnosis

Both sides will focus on areas such as building diagnostic capacity & an enabling environment for HCV treatment scale-up

Maritime India Summit attracts Rs 82,905 cr investment

A total of 141 MoUs and business agreements were signed by various players in maritime sector including major ports, state maritime boards and PSUs, says the Ministry of Shipping

Railways withdraws 10% port congestion surcharge

The withdrawal is expected to give respite to the industry in bringing down logistics costs and thereby attract increasing volumes of traffic to the rail mode