December 16, 2024
Godavari Biorefineries Limited (GBL) announced a ₹130 crore investment in a new ethanol distillery to expand its production capacity. The facility will be grain- and corn-based, offering flexibility to use alternative feedstocks alongside the company’s existing sugarcane-based operations. The new distillery, with a proposed capacity of 200 kiloliters per day (KLPD), is scheduled to be […]
December 7, 2024
Suven Pharmaceuticals Limited has announced the acquisition of a 56% equity stake in NJ Bio, Inc., a Contract Research, Development, and Manufacturing Organization (CRDMO) specializing in antibody-drug conjugates (ADCs) and related technologies. The acquisition involves a mix of secondary share purchases and a primary equity infusion, amounting to $64.4 million. As part of the transaction, […]
December 5, 2024
Olon, a pharmaceutical manufacturing company, has announced the completion of the VI Mod-6 project, which has increased the production capacity of its manufacturing facility in India by approximately 25%. The project included the installation of advanced equipment capable of conducting large-scale cryogenic and nBuLi (n-butyllithium) reactions. These processes are designed to meet stringent safety and […]
December 4, 2024
Godavari Biorefineries Limited (GBL) has entered into a licensing agreement with Catalyxx Inc. to utilize the latter’s technology for ethanol-to-biobutanol conversion. The agreement enables GBL to produce up to 30,000 metric tons of biobutanol and other higher alcohols annually for domestic and international markets. Under the first phase of this collaboration, GBL will construct a […]
November 27, 2024
ThyssenKrupp Nucera India has inaugurated a new office in Mumbai, located in Godrej Office Park, Vikhroli West. The facility is designed to accommodate up to 170 employees and will support operations in the chlor-alkali and green hydrogen segments. It will also contribute to global engineering, project execution, and supply chain functions for ThyssenKrupp Nucera. The […]
November 26, 2024
Nouryon has launched a new Innovation Center and expanded its office in Mumbai, India, increasing its office space to 100,000 square feet to support its growing Global Service Center. The expansion accommodates approximately 325 employees and allows room for future growth, the company stated in a press release. The Innovation Center focuses on key sectors […]
November 22, 2024
INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) have signed a Memorandum of Understanding (MOU) to evaluate the feasibility of establishing a 600,000-ton-per-year acetic acid production facility at GNFC’s site in Bharuch, Gujarat. India currently imports about 85% of its annual acetic acid requirements, according to GNFC Managing Director Pankaj Joshi. The […]
November 19, 2024
Haldia Petrochemicals (HPL) has raised its investment in a chemical downstream project in Bengal by 66%, bringing the total to ₹5,000 crore. The project, slated for completion by the first quarter of 2026, includes the construction of a phenol and acetone plant with a production capacity increase of 15%, from 300,000 tonnes to 345,000 tonnes. […]
November 15, 2024
Pharmadeep recently announced plans to establish a new manufacturing facility focused on producing Microcrystalline Cellulose (MCC), a widely used excipient for direct compression in pharmaceutical formulations. This marks the company’s fifth project in the active pharmaceutical ingredients (API) segment. The project, which the company describes as a “state-of-the-art” facility, is in the initial curing stages, […]
November 14, 2024
Godrej Industries’ Chemicals Business announced its acquisition of the Food Ester and Emulsifier Business from Goa-based Savannah Surfactants Ltd. The acquisition aligns with Godrej’s strategy to broaden its product offerings in the food and beverage sector. The unit acquired from Savannah Surfactants has an annual production capacity of 5,200 metric tons. This addition will enhance […]