Page 4 - Plastics & Polymers

Voltas partners with Turkish firm Arcelik to tap consumer durables market

JV to set up production plant in India to make products such as refrigerators, washing machines, etc

Avery Dennison buys Finesse Medical to strengthen healthcare materials biz

Finesse Medical makes healthcare products used in the management of wound care and skin conditions

Volvo Cars aims to double marketshare in India's premium segment by 2020

The Swedish car maker will start assembly operations in the country for its XC90 premium SUV in 2017

ExxonMobil & Sabic ink pact for next phase of US petrochemical project

The proposed project is part of ExxonMobil's $20-billion Growing the Gulf investment program

Henkel buys Sonderhoff Group to strengthen adhesives business

Sonderhoff is a manufacturer of innovative foamed-in-place gasketing solutions for reliable sealing

Clariant & Huntsman merger to create $13 bn specialty chemicals behemoth

More than $3.5 billion value creation through annual cost synergies in excess of $400 million

Alternative chemicals separation technologies are worthwhile investments

Membrane & sorbent technologies have potential to make separation methods 10X more energy efficient

ExxonMobil Chemical to acquire Jurong Aromatics' plant in Singapore

Plant will enable cost-competitive growth of ExxonMobil's strategic aromatics business

CMI bags Rs 86 cr contract from Railways for supply of signalling cables

Supply of signalling cables & quad cables to railways contributed 45% to CMI's revenues in 2016-17

Viking Plastics acquires Kentucky Manufacturing & Technology

Acquisition enables Viking Plastics to expand into Southeast US and into new markets

Kohlberg buys Pexco, merges with PPC Industries to form Spectrum Plastics

Increases breadth & depth of plastic & material solutions primarily for the medical device market

Vikas Ecotech bags order for organotin stabilisers from Mexico's Mexichem

The organotin stabiliser will be used in the manufacturing of food-grade PVC compounds & pipes

CMI bags Gujarat Energy Transmission's Rs 36 cr order for supply of cables

CMI to make these cables at Baddi plant, which was a part of its acquisition of General Cable Energy

Tata Technologies buys Swedish engineering & design specialist Escenda

Deal to help Tata Technologies to tap the European automotive and industrial machinery sectors

Vopak and AltaGas to jointly invest in Canada's propane export terminal

RIPET project, in which Vopak will take 30% stake, is designed to ship 1.2 MTPA of propane

Medical technology firm BD to invest $60 mn in US facility

It will upgrade its Nebraska facility into a plastic moulding manufacturing center by 2021

Parag Milk forays into fruit juices market with launch of Slurp

The dairy major aims to expand presence in fruit juices segment, the fast growing beverages category

Linc Pen expands capacity with new plant in Gujarat

With its third production unit in Umbergaon, it has added a capacity of 18 crore pens annually

ABB India opens global service center for energy saving drives in Bengaluru

The company has also established new production line to produce digitally enabled low voltage drives

Punj Lloyd & Israel's IWI open small arms production plant in MP

The plant will manufacture small arms for the Indian defence forces and also for exports