Business News for Chemicals & Pharmaceuticals from India
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Business News of Chemicals & Pharmaceuticals
Teva buy Ivax; upsets Cipla, Biocon supply pact
The recent acquisition of Ivax by Teva as put a question mark over the future of the product supply ....
Ranbaxy reduces staff in US
Due to declining sales in the US, Ranbaxy Laboratories has reduced its staff in the country and cut ....
Wockhardt drug gets USFDA nod
Wockhardt has received approval from the US Food & Drug Administration (USFDA) for marketing cefurox....
Centre bans Bextra
The Indian government has issued a notification banning Bextra (Valdecoxip) one of Pfizers best se....
Clariant reports sound development
Clariant (India) Ltd, a leading manufacturer of dyes & specialty chemical products for textile, leat....
Uhde collects exports award
Federation of Indian Export Organisations (FIEO), the apex body of all associations involved in the ....
Deepak Fertilizers reports highest-ever PBT
Deepak Fertilizers and Petrochemical Corporation Ltd has registered its highest ever profit before t....
Reliance to elevate Jamnagar refinery capacity
Reliance Industries is planning to upgrade the capacity of its Jamnagar refinery from 27 million ton....
Agilent Technologies presents expansion plans
Agilent Technologies Inc, USA, has announced plans to introduce its DNA micro array-based genomics s....
ONGC grants contract to Emerson
Oil and Natural Gas Corporation (ONGC) has awarded US$ 14 million contract to Emerson Process Manage....
Philips Carbon unit honored
Philips Carbon Black Ltd, Kochi unit, has been awarded the third prize among the large-scale industr....
Silicone International acquired ISO certification
In order to confirm the quality procedures adapted, Silicone International Products of Khalapur, Rai....
Rain Calcining to invest in calciner project in Kuwait
Rain Calcining Ltd (RCL) has decided to invest in a new Greenfield calciner project in Kuwait. The c....
GNFC annual net jumps 92%
The fertilisers and chemicals major, Gujarat Narmada Valley Fertilizers Co Ltd (GNFC), has posted th....
Praj Industries registers robust growth
Praj Industries, world leaders in ethanol and brewery technology, has registered a robust growth in ....
DCM Shriram to expand chlor alkali capacity
The Rs 2,000-crore DCM Shriram Consolidated Ltd (DSCL) has approved a proposal to expand its chlor-a....
Ranbaxy buys Spanish firms generics line
Ranbaxy Laboratories has bought a generic product portfolio containing eighteen products of Spanish ....
Indian Oil bids for Turkish refinery
Indian Oil Corporation (IOC) has bid to acquire Turkeys giant petroleum refinery, Tupras, which has ....
Ind-Swift plans three projects
As part of a major capacity expansion plan, the New Delhi- based Ind-Swift Ltd is setting up three s....
ONGC eyes Petronas 20% in Iran LNG
Oil and Natural Gas Corporation (ONGC) may take up the 20% stake of Malaysias Petronas in a US$ 2 bi....
Pure Petrochem to set up unit in Chennai
The Thiruvananthapuram-based Pure Petrochem India Pvt Ltd, makers of the Action brand of speciality ....
Mitsubishi to set up Iffcos carbon dioxide units
Mitsubishi Heavy Industries Ltd (MHI), in collaboration with Mitsubishi Corporation, has signed a co....
TotalFinaElf to double market share by 2010
TotalFinaElf India Ltd, a wholly owned unit of Frances Total SA, is planning to double its market sh....
Thermax plans to fuse some subsidiaries
Thermax Ltd has embarked upon a consolidation plan to merge some of its domestic subsidiaries with i....
RPG Life Sciences closes Pune unit
RPG Life Sciences Ltd has close operations at its Pimpri facility in Pune. The steep decline in the ....
RPG Life Sciences seals Pune unit
RPG Life Sciences Ltd has close operations at its Pimpri facility in Pune. The steep decline in the ....
Gail signs Rs 300-crore pipeline pact
Gail India will lay the Rs 300-cn pipeline for supplying gas to the industrial units of the Pithampu....
SNC-Lavalin attains R J Associates
The Canadian engineering major SNC Lavalin Inc has acquired the Mumbai-based RJ Associates, a privat....
US PDA sanctions Aurobindo drug
Aurobindo has received tentative approval from the USF- DA for its 300-mg zidovudine tablet, accordi....
Ranbaxy US listing
The board of directors of Ranbaxy Laboratories Ltd has approved listing the cos shares in the United....
Ranbaxy sets $1.5bn war chest
Indias top Pharma Company, Ranbaxy Laboratories Ltd, is in a progress stage of discussion to attain ....
Ranbaxy shells out £ 4.5 m to settle UK fraud case
Almost a dozen senior executives of 6 UK-based drug companies, including generic UK, part of Merck a....
Ranbaxy Drug Approved
Ranbaxy has approved approval from the US FDA for benazepril hydrochloride and hydrochlorothiazide t....
Iffco procures OCFL unit
OCFL unit(Oswal Chemicals & Fertilizers Ltds ) and DAP ( Di-ammonium phosphate) has been procured by....
JV to be a part of Matrix and Aspen for AIDS drugs
To cater to the large demands for AIDS medicines matrix and aspen have finalised terms for 2 joint v....
DR Reddy Laboratories Ltd to set up new company
DRL has set up a new company to develop drugs in which units of ICICI bank and Citigroup Inc. will i....
Pidilite procures venture in Dubai Firm
A wholly owned subsidiary called Pidilite Midle East Ltd has procured a 49% stake in Dubai- based ....
US firm ventured by Jubilant
64% equity secured in the U.S based generic pharmaceuticals company Trinity Laboratories and its who....
UK firms sold to Dishman
Certain divisions of the Manchester - based C6 has been acquired by the Ahemdabad based Dishman Phar....
Kerala government to accept TCCs debt recast plan
Kerala state government is likely to confirm the debt restructuring proposal of the state-owned Tra....
Kakinada Refinery to be implemented by MRPL
Petroleum ministry wants Mangalore Refineries and Petrochemicals to set up the proposed Rs 500 crore....
Chemical Detection Units to be set up by JMAR
JMAR Technologies Inc has acquired purchase orders for three reversal electron attachment detection ....
Solvay sets out to start a bid to obtain chemicals company
Solvay organics announced the launch of a bid to acquire 51% of Girindus AG ,a publicly listed speci....
Kinesis Ltd appointed as distributor
Omnifit and Bio-ChemValve appoints Kinesis Ltd as the UK and Irish distributor . The two companies O....
Degussas feed additives business concluded
Mechanical construction of the new DL-Methionine plant of Degussas AGs feed additives business has b....
Nano valve produced by UCLA Chemists
The first nano valve is created by UCLA Chemists that can be opened and closed at will to trap and r....
Olefins and Surfactants to be disposed
Sasol plans to divest its O&S business. Sale would exclude the businesss polyethylene co-monomers ac....
Radico establishes 85-cr grain-based distillery
Radico Khaitan is setting up a Rs 85 crore grain based distillery in Upin in what is perhaps the fir....
ARM International spreads into SARD
The Association of Rotational Molders (ARM) International India Division and the Association approve....
Net sales for Asian paints augmented by 24%
Asian Paints announced its result for the quarter ended june 2005. On consolidation of the companys ....
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Net sales for Asian paints augmented by 24%