Market Updates

Location Analytics - The Next Big Step in Sports
December, 2018

Analytics is transforming the sports entertainment industry and is revolutionizing the way sports fans interact with their favourite team. By understanding the fans behaviour and their location i.e. how they are moving around different places of stadium helps stadium operators in engaging with fans better and enhancing their experiences.Location analytics provide answers to several questions such as which area of the stadium fans visit first as soon as they enter through gate? Is it refreshments or merchandize section? which [...]

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5 Emerging Trends in Dentistry
December, 2018

The rising popularity of knowledge based, and evidence-based dentistry has enabled dentists to take accurate decision instead of personal judgments. Most of the dentists are focusing in adopting stringent control over the dental procedures and try to maintain a standard evaluation for new products that are present in market. The advancement in dentistry has enabled the adoption of newer products, which have clinical evidence or data. Currently there are multiple research studies performed to standardize the dental implant framework. This is hel [...]

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INEOS To Buy Ashland Composites Business
December, 2018

INEOS a UK based firm has agreed to buy composite business of Ashland a US based firm for around $1.1 billion. In the prescribed deal INEOS would get around 20 manufacturing sites of the composite business of Ashland. These sites are located in various geographies such as, Middle East, Asia, North America, Europe and South America. Also, Ashland’s Germany-based butanediol (BDO) facility is included in the deal that produces intermediates for high-performance polyesters and polyurethanes. The unit is located in Marl, Germany.< [...]

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US Sanctions – Chinese CNPC Replacing French TOTAL in Iran
December, 2018

Iran’s oil minister, Zanganeh officially announced the Total’s replacement in South Pars project by Chinese firm China National Petroleum Corporation (CNPC). This is one of the major event wherein Iran’s development work has been affected involving major multinational organization. The total was one of the first big multinational organizations which returned to Iran last year, post lifting of the US sanctions. However, the US pulling out of the nuclear agreement, imposed sanctions on Iran causing dramatic changes in the busine [...]

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UK trades off faster drug review process, for 2% cap on sales
December, 2018

The UK government along with the Association of the British Pharmaceutical Industry (ABPI) has engaged in a scheme for access and pricing of the branded drug pricing, substituting the Pharmaceutical Price Regulation Scheme. The deal is expected to be finalized and be effective from January 2019. However, the two major details release currently are: All the branded drugs will be subjected to a sales growth cap of 2%, and the pharmaceutical players will be reimbursing the NHS if they exceed the sales limit [...]

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GSK’s Respiratory Business Probable Spin-off
December, 2018

According to Axel Hoos (Head of Oncology, GSK), it is expected that GlaxoSmithKline may exit its Respiratory business and focus on more investment in its Oncology segment and R&D.Withdrawing from its Respiratory business would still be an enormous change for

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Clariant Partners with Neste
November, 2018

Clariant partners with Neste, who is one of the provider of sustainable diesel and renewable chemical provider. The partnership will include Neste’s renewable hydrocarbons to increase the product portfolio that are derived from renewable raw materials. Clariant attaining the sustainable solutions will positively impact various industries such as, plastics, adhesives and coating market.Neste’s C2/C3 monomers derived from renewable hydrocarbons will be utilized by Clariant. The feedstock is manufactured from residu [...]

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Importance of Recycling & Circular Economy – BASF View
November, 2018

The recycling and plastic waste has been in news recently, indicating the corporates in industry to take responsive measures to ensure the relevance in the changing environment. The developments such as limiting the Chinese acceptability for plastic waste from the US, and proposal of non-recycled plastic tax by the UK were in the lime-light for some time, impacting the corporate strategies for companies across the globe.Dr. Martin Brudermüller, CEO BASF while presenting the organizational strategy in Ludwigshafen, was f [...]

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Evonik signs to Buy PeroxyChem
November, 2018

Evonik a Germany based industry has signed an agreement to buy PeroxyChem based in US, who is a leader in manufacturing hydrogen peroxide (H2O2) and peracetic acid (PAA) for the speciality applications market. It is being bought by Evonik from an equity partners for $625 million.As per the Evonik’s chairman, this purchase will strengthen the resource efficiency growth segment. Also, the firm would be indulging in expanding their high growth and environmental friendly specialty applications.In fiscal [...]

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Effective Promotions and Price Optimization in Sports through Sports Analytics
November, 2018

OverviewSports Analytics Solutions have been disrupting the traditional intuitive and biased approach of various stakeholders within the sports industry, and it has increased several opportunities for stadium owners and sports organizations, with benefits such as improved players and team performances, increased sales and ROI through effective promotions and price optimization, improved fan experience and increase fan base to name a few.Effective promotions

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