Market Updates

Progressive changes in medical industry to bring shift in operability and usability of medical devices
October, 2018

The medical industry has numerous smaller, mid-sized, and large diversified companies in medical with investing huge amount in their R&D activities for new upcoming devices for different therapeutic areas. The industry is effective and is planning to change its products and have extensive ties with physicians, radiologists, and surgeons. The integration of IT has led to significant change in regulatory framework. The necessary changes and innovation will improve better approach, coordination, and management of diagnosis and treatment.&l [...]

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Enterprise Governance - To Deliver Long-Term Strategic Success
October, 2018

Enterprise governance plays an important role in controlling and regulating the performance of an enterprise for achieving desired objectives, while complying with the constantly varying regulatory mandates. It also monitors potential risks and ensures optimal utilization of resources. A robust governance framework within an organisation, establishes the fundamental pillars for a sustainable business, with sound decision-making competence in identifying, selecting, and prioritizing services which meets long term business needs.

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Blockchain in Telecom Market- to Facilitate new Business Models
October, 2018

TSP’s will undoubtedly have high impact of blockchain on their adjacent services as well as core management systems, which will provide several opportunities for new value propositions resulting in revenue growth, and process efficiency gains resulting in cost reduction.  There are various applications of blockchain for telecom operators for future telecom trends and opportunities as well as for their current portfolio.Blockchain has the potential for TSP’s in several areas which includes Fraud Management, I [...]

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Bain and Pfizer Collaboration for CNS Drug
October, 2018

In October 2018, Pfizer Inc. and Bain Capital LP announced the formation of a company which would develop drugs for disorders of the central nervous system (CNS).CNS diseases, such as Alzheimer's, Parkinson's, and Lou Gehrig's disease have been extremely difficult for drug manufacturers to come up with particular solutions for the same. Before in January 2018, Pfizer announced that it was preparing to close its ongoing neuroscience drug development. Pfizer's withdrawal during the start of 2018 seemed that it would withdraw the necessa [...]

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Best Practices for Digital Customer Experience (DXE) in APAC
October, 2018

The consumer’s expectations on the mode of communication with organisations has transformed rapidly, and in turn, businesses have had to adapt quickly. With increasing use of mobile devices and improving network connectivity, customers have been increasingly shifting from the traditional means of communication to “on-the-go” modern digital platforms, such as through chatbots and social media. Further exemplifying this in perspective to the APAC region, is the fact that – over 2.5 billion people or approximately 60% of th [...]

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Recycled Plastics Turns into Asphalt Roads
October, 2018

Dow Thailand group and Siam Cement Group join hands to convert recycled plastics into asphalt roads. Thailand is one of the top contributor of plastic ocean debris.  As per the Department of Marine and Coastal Resources, the country contributes around 11.5 million tonnes of waste including, 1.5 million tonnes of plastics. The conversion of recycled plastics into asphalt road will help decelerate the plastic marine debris, and will bring down the green house gas emissions and enhance the road performance.This project wil [...]

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Perstorp Announces Capacity Addition for Non-Phthalate Plasticizers (PevalenTM)
October, 2018

Perstorp, one of the key player in non-phthalate plasticizer category, announced its capacity increase for production of its brand PevalenTM, under which it sells its sells Pentaerythritol Tetravalerate (PETV). The company entered into a long-term production contract with Italian firm Alcoplast Srl. more than doubling its current capacity to 50,000 tons per year. The production increase shall be applicable since 2019 which is expected to bring down the cost considering the economies of scale for production.

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Hard Times Ahead for Chemicals & Petrochemicals
October, 2018

The 52nd annual meeting of European Petrochemical Association (EPCA), held in Vienna, was dedicated to low carbon versatile solutions for petrochemicals industry. Leaders from all over the world’s premier organizations participated and attended. The delegates presented their views and shared their insights all to summarize the situation is not very rosy for chemical & petrochemical industry. There are also few articles with journalists’ discussions on the sidelines, and most of the leaders are embracin [...]

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PPG Acquires SEM products
October, 2018

PPG has come up with the agreement to acquire SEM products. SEM products is a US based firm that specializes in manufacturing automotive refinish products. PPG is expected to close the acquisition deal of SEM products by the fourth quarter of 2018. The financials related details have not been disclosed by the firms.The acquisition of SEM products will enhance the current automotive refinish product portfolio of PPG. And also, add specialized products that address the requirements of distributors. As, per the PPG Vice Preside [...]

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Sika Expands Capacities in Russia
October, 2018

In Yekaterinburg, Russia, Sika opens a new production plant for concrete admixures. In Russia, the construction industry is booming and getting more investment in infrastructure projects. Along with this Russia is also investing in transport, energy infrastructure, airport & port, and urban redevelopment programs. Overall there is a diversification of the economy is driving construction demand.The plant is surrounded with five cities with population more that one million. These cities have good construction market in [...]

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