- In January 2023, Prysmian Group acquired Warren & Brown, an Australian leader in telecommunication network connectivity products. This acquisition strengthens Prysmian's position in the Asia-Pacific telecom market, expanding its fiber optic and connectivity solutions. By integrating Warren & Brown's advanced products, Prysmian aims to enhance its service offerings and increase market share. The deal will improve telecommunications infrastructure in the region, driving growth and innovation in the sector while expanding access to high-performance connectivity solutions
- In June 2023, Corning Inc. announced a joint venture with SGD Pharma to open a new glass tubing facility in India and expand access to Corning's Velocity Vial technology. This collaboration aims to enhance the production of high-quality glass vials for the pharmaceutical industry. By establishing the new facility, the companies intend to increase manufacturing capacity and improve access to advanced vial solutions in India. This venture will benefit both parties by strengthening their presence in the growing Indian pharmaceutical market, while also providing better access to critical drug packaging technologies. The move is expected to positively impact the market by enhancing supply chain capabilities and meeting the increasing demand for high-performance pharmaceutical packaging
- In June 2023, Corning Inc. and SGD Pharma announced a joint venture to open a new glass tubing facility in India and expand access to Corning's Velocity Vial technology. This initiative aims to enhance the production of high-quality glass vials used in the pharmaceutical industry. By establishing the new facility, the companies plan to increase manufacturing capacity and improve access to advanced vial technologies, particularly in India. The partnership is expected to strengthen Corning's position in the Indian market while meeting the growing demand for reliable and efficient pharmaceutical packaging. This development will positively impact the market by improving supply chain capabilities and supporting the expansion of the pharmaceutical packaging sector in the region
