Daily Archives: Tuesday, September 3, 2019

XCMG rolls out three new excavators for Indian market

XCMG, a Chinese multinational heavy machinery manufacturing company, has introduced three new excavators designed especially for the Indian market. Launched in Chennai, India, the XE80C, XE104I, and XE125C models will be able to perform in the high temperatures and humid working conditions. The energy-efficient XE80C excavator features an engine with all-new load sensing hydraulic system […]

Wirecard, Brightstar partner to digitize financial processes worldwide

German fintech company Wirecard has entered into a memorandum of understanding with Brightstar, a device lifecycle management company, to collaborate in the areas of digital consumer lending, payment acceptance processing and card issuing for the retail channel. The cooperation is expected to help Wirecard increase its transaction volume and consumers upgrade their smartphone devices more […]

Norman Hay divests operating divisions to Quaker Houghton

US chemical company Quaker Houghton has entered into an agreement with Norman Hay, a UK chemical manufacturing company, to acquire the latter’s operating divisions, for about $98 million. Norman Hay offers specialty chemicals, operating equipment, and services to industrial end markets such as aerospace, automotive, oil and gas, and power generation through four divisions, namely […]

Fresenius Kabi launches Phenylephrine Hydrochloride Injection, USP in US

German pharma company Fresenius Kabi has launched the Phenylephrine Hydrochloride Injection, USP in the US, which is an alpha-1 adrenergic receptor agonist indicated for raising blood pressure in adults with clinically important hypotension caused mainly from vasodilation, in such settings as anesthesia or septic shock. Fresenius Kabi Phenylephrine Hydrochloride Injection, USP has been rolled out […]

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California American Water to acquire Bass Lake Water

California American Water has agreed to acquire the potable water distribution system of Bass Lake Water, which caters to nearly 1,000 customer connections in the Bass Lake community. Bass Lake is situated nine miles from Oakhurst, California, where California American Water had signed an agreement to acquire the Hillview Water Company, which serves close to […]

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