Company Dynamic

Novartis India has appointed Mr. Milan Paleja as its new President. He will succeed Mr. Jawed Zia, who left the drug maker in March for rival Abbott India. Mr. Paleja, previously President and head of pharmaceuticals for Novartis Indonesia, will also...

• India
• Pharma

Biopharmaceutical firm AstraZeneca has revealed plans to invest $90-mn (around Rs. 590-crore) in India over the next five years. The announcement followed the signing of a bilateral innovation partnership for a sustainable future between Sweden and India.

• AstraZeneca
• Biopharmaceutical

Catalent Pharma Solutions has unveiled plans to invest $5 million in the creation of a new drug development center of excellence (CoE) at its Somerset, NJ facility and headquarters. The investment will see the site focus on preclinical to clinical ...

• Catalent
• Pharma

The Shiv Sena, which is a partner in the state government, vowed that it would not allow the setting up of a mega-refinery in Nanar in Ratnagiri, the go-ahead for which was given by the Union government recently.

• India
• Refinery

Reliance Industries Ltd. (RIL) said the its resolution plan for acquiring Alok Industries in conjunction with JM Financial Asset Reconstruction Company has been rejected by the Committee of Creditors. RIL had bid jointly with JM Financial to acquire...

• RIL
• JM
• Acquisition

The export of oilmeals during the month of March 2018 has dropped by 56% to 75,393 tons compared to 170,496 tons in March 2017, according to provisional figures released by the Solvent Extractors’ Association of India (SEA).

• Export
• Oilmeals

ICE cotton futures market kept down.42 cents per lb and Jul contract closed at 81.44 cents per lb.Cotlook A Index decreased by 0.20cent/lb.

• ICE
• Cotton

Dow Chemical International Pvt. Ltd. (Dow India) recently inaugurated a state-of-the-art application development hub, ‘Dow India Technology Centre’ (DITC) in Navi Mumbai. The centre will host over 70 R&D specialists with capabilities in analytical...

• Dow
• India

The announcement from Saudi Aramco, amongst the leading oil companies of the world, that it will partner with the three Indian public sector units (PSUs) to set up a world-scale refinery-cum-petrochemicals complex in India, is a welcome measure that...

• India
• Refinery

HMG Paints is utilizing its 88 years of experience in the coatings industry to launch a specialist range of decorative coatings, including a new color collection. The new “Essentials” collection follows a string of successes on a number of decorative ...

• HMG
• Coatings

PPG released its 2017 Corporate Sustainability Report, which details the company’s continued progress in strengthening its sustainable operations in 2017 and the launch of new, aggressive sustainability goals it aims to achieve by 2025.

• PPG
• Report

NatureWorks’ board of directors named Richard Altice as the company’s new president and CEO, replacing Marc Verbruggen, who led the company from 2008 until his 2017 retirement.

• People
• NatureWorks

PPG held its annual meeting of shareholders in Pittsburgh, where Chairman and CEO Michael H. McGarry reviewed the company’s continued strategic progress and highlighted its strong financial performance.

• PPG
• 2017
• Reports

Royal DSM launched a new proprietary Uralacone shot matte (OSM) powder coating HAA system. The new Uralac OSM powder coating resins are being rolled out globally and can be used for a wide...

• DSM
• Launch

Swiss chemicals company Clariant has revealed four beauty trend predictions, alongside its latest hair ingredient launch at in-cosmetics Global held in Amsterdam.

• Clariant
• Predictions
• Beauty

As Pakistan struggles to sustain its depleting foreign reserves, on Thursday global consumer brand Unilever and Anglo-Dutch oil giant Shell announced investments worth £100 million in Pakistan in an effort to boost trade links between Commonwealth...

• Shell
• Pakistan
• Unilever

WuXi AppTec has opened its expanded Laboratory Testing Division (LTD) facility in New Jersey. The grand opening event was attended by state and local officials including State Senator Linda Greenstein. The new facility will enhance WuXi's integrated ...

• Wuxi
• AppTec
• LTD

Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, and JLL Partners, have acquired Triplefin. An industry leader in patient support for more than 30 years, Triplefin is the latest company to join the...

• Acquisition
• JLL
• Triplefin

AkzoNobel Specialty Chemicals and INEOS Nitriles signed a long-term co-operation agreement that will allow AkzoNobel to expand its production of biodegradable chelates, used in detergents and other industries, utilizing one of INEOS Nitriles' chemical ...

• AkzoNobel
• INEOS
• Cooperation
• Nitrile

A new exhibition opened to the public at the AkzoNobel Art Space in Amsterdam. Entitled Common Ground, the official opening ceremony will be performed by the Dutch Minister of Education, Culture and...

• Exhibitions
• AkzoNobel