Energy
Energy | 18 January 2021

Essar & Progressive Energy to invest £750 mn to set up two hydrogen production hubs in UK

The joint venture will manufacture hydrogen at the refinery for use across the HyNet region.

Chemical
Chemical | 18 January 2021

Zydus eyes $6 bn market with strong COVID-19 portfolio

With a mix of vaccines targeting different stages of COVID-19, the company is eyeing huge market potential

Energy
Energy | 18 January 2021

Aemetis set to launch ‘Carbon Zero’ production plants

Hybrid electric vehicles to be supplied with below zero carbon intensity biofuel

Chemical
Chemical | 16 January 2021

Dr. Reddy’s gets approval for Sputnik V Phase 3 trial

The phase 3 clinical trial of Sputnik V will be conducted on 1,500 subjects as part of the randomized, double blind, parallel group placebo controlled study in India.

Gas
Gas | 16 January 2021

Aarvi Encon forms Oman JV to tap oil & gas industry

In the joint venture (JV), Aarvi Encon FZE would own 70 percent controlling stake and the local owner at Oman would own the balance 30 percent minority stake.

Chemical
Chemical | 16 January 2021

Trident to manufacture towels without chemical based fibers

The company has recently been granted a patent for “Fabric and Method of Manufacturing Fabric" by the European Patent office.

Chemical
Chemical | 16 January 2021

Navin Fluorine International can become ~USD100mn CRAMS business by FY25, says Nirmal Bang

The stock has delivered a whopping ~150% returns over the last one year and a large part of the rerating is attributed to greater visibility in the CRAMS segment.

General
General | 16 January 2021

Yokogawa invests in investment fund related to Biotech and Life Sciences

The scope of the Fund’s investment activities covers Japan and Taiwan, and includes as yet unlisted drug discovery and regenerative medicine biotech startup companies, and candidate drugs developed by universities, research institutes, and private corporations

Chemical
Chemical | 16 January 2021

Nouryon renames industrial chemicals subsidiary to Nobian

This branding change will allow Nobian to develop its integrated European value chain for essential base chemicals

Chemical
Chemical | 16 January 2021

LANXESS to acquire Theseo

LANXESS plans to finance the envisaged acquisition with an enterprise value of approximately EUR 70 million out of cash.

Petrochemical
Petrochemical | 16 January 2021

Avient to expand color concentrates manufacturing in Vietnam

With the expansion, Avient will also improve lead times for color matching locally.

Chemical
Chemical | 16 January 2021

Huntsman completes Gabriel Performance acquisition

Huntsman paid $250 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity.

Chemical
Chemical | 16 January 2021

Thermo Fisher completes acquisition of Henogen

Novasep's viral vector business is an excellent strategic fit as Thermo Fisher continues to expand its capabilities for cell and gene vaccines and therapies globally," said Michel Lagarde, executive vice president, Thermo Fisher.

Chemical
Chemical | 16 January 2021

Bayer gearing up for 2021-2030 decade

Promising drug pipeline, focus on gene therapy and innovative digital health solutions will remain the key pillars of Bayer’s pharmaceutical business

Chemical
Chemical | 15 January 2021

Mitsubishi Chemical to Integrate Mitsubishi-Chemical Foods Corporation

MCC has reviewed its business units, and in April of this year will reorganize and consolidate them in alignment with products and market sectors.

Chemical
Chemical | 15 January 2021

Jan Aushadi Kendras to achieve record sales of Rs. 600 Cr in FY 2020-21

In FY 2020-2021 (upto 12th January 2021) Jan Aushadhi Kendras have completed sales of Rs. 484 crores at 7,064 Pradhan Mantri Bhartiya Jan Aushadhi Kendras

Start-up
Start-up | 15 January 2021

PM to address Startup India International Summit on Jan 16

The Summit marks the fifth anniversary of the Startup India initiative, launched by the Prime Minister on 16 January, 2016.

Chemical
Chemical | 15 January 2021

Pan-India COVID-19 vaccination drive to cover 300,000 persons per day

This vaccination programme is based on the principles of priority groups to be vaccinated and health care workers both in the government and private sectors including ICDS workers will receive the vaccine during this phase.

Chemical
Chemical | 15 January 2021

Govt. notifies modified scheme to enhance ethanol distillation capacity

State governments have also been requested to facilitate entrepreneurs in arranging land for the project to get environment clearance and providing support in setting up of distilleries.

Petrochemical
Petrochemical | 15 January 2021

Indigo Paints to open its IPO on January 20, 2021

Indigo Paints proposes to utilise the net proceeds towards funding capital expenditure for expansion of its existing manufacturing facility at Pudukkottai, Tamil Nadu by setting-up an additional unit adjacent to the existing facility and more.

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