Mauser Packaging Solutions opened a new manufacturing facility in the Haiyan Economic Development Zone near Shanghai, producing 230L and 250L plastic industrial drums, including recycled-resin models.
Norway-based TMC Compressors will deliver marine compressed air systems, including N2 feed compressors, for six LNG carriers being built by Jiangnan Shipyard for ADNOC Logistics & Services. Delivery of the vessels is scheduled for 2025 and 2026.
In March 2023 SK Chemicals agreed a $100m asset transfer to acquire the chemically recycled BHET and PET business division of Chinese company Shuye.
Impro Group held a groundbreaking on March 1, 2023 for a new Impro Fluidtek campus in Zhenjiang, China, with a total investment of US$100 million and expected annual sales above US$150 million at full capacity.
Yingpu Fluid Technology held the groundbreaking for its intelligent manufacturing and global R&D center for high-end hydraulic equipment in Zhenjiang high-tech zone on March 1, 2023. The total project investment is US$100 million.
Westport Fuel Systems plans to invest up to $10 million USD in a hydrogen innovation center and manufacturing facility to be built with the City of Changzhou in the Changzhou Hydrogen Valley, China. The investment agreement was announced on February 27, 2023.
Baotou Steel's procurement centre published a proposed winning bid for valve procurement for the pump station of a new electric blower project at its Baotou plant in Inner Mongolia. Hebei Tianfu Heavy Industry Valve Co. offered the lowest evaluated price of RMB 55,795, and the notice was published on 2023-02-23.
Dongya Machinery (301028) broke ground on its Jaguar air compressor manufacturing project, with a planned investment of 733 million yuan and completion expected in 2025. The plant will produce air compressors, vacuum pumps and blowers.
Guangxi Zhenlong Color Printing Packaging Co. was named first winning bidder in a 2022-2025 tender for cigarette carton and box packaging paper, with Guangxi Kewen Tendering as the agency. Award prices were stated as unit prices per 10,000 sheets.
French firm Bleyer Holding signed an investment project for high-end industrial valves at the Rudong Economic Development Zone on 17 February 2023. The project totals $30 million and will have capacity of 40,000 valve sets per year once running.
Guangzhou Guanyu Aluminum Foil Packaging Materials was directly awarded a single-source procurement contract for aluminum/polyethylene pharmaceutical composite film by Jincheng Haisi Pharmaceutical, with the result published on 17 February 2023.
Guangdong Fosber Intelligent Equipment (Fosber Asia) held the groundbreaking for a new intelligent factory making corrugator production lines in Songxia Industrial Park, Foshan, on 10 February 2023. The estimated investment is about 500 million yuan over an 80-acre site.
Shanghai Valve Factory has started the renovation and expansion of its second-phase plant at 111 Zhongbai Road in Anting town, Jiading, Shanghai, with a total investment of 18 million yuan. Production is expected to start in early 2024, adding about 300 million yuan in annual output.
Norwegian marine compressor maker TMC was selected by Hudong-Zhonghua Shipbuilding to supply marine compressed air systems for seven LNG carriers being built for Mitsui O.S.K. Lines and chartered to QatarEnergy. Announced on 18 January 2023.
Jiangzhong Pharmaceutical has announced results of a public tender for product cartons, awarding lots A, B and C to Jiangxi Qili Hefeng Packaging, Nanchang Fangzheng Packaging and Jiangxi Jiacheng Packaging, with amounts not disclosed.
Zigong Taiwell Valve Manufacturing is expanding its valve and control valve production line in Zigong's Gaoxin high-tech zone, with a total investment of 80 million yuan and annual capacity of 154,000 units, with trial production planned for April 2023.
Autojia says its 1-million-unit-per-year electric compressor project in Chuzhou, Anhui, has partly been completed and formed some capacity, with full production expected by mid-2023.
Lianying Medical, parent of the MDKMed brand, has completed the full acquisition of Zhejiang Smith Medical Instruments and the Graseby infusion pump brand from U.S. company ICU Medical. The announcement was made on 10 January 2023; no deal value is stated.
The Xindi Peier valve R&D center and intelligent retrofit project in Zigong's Gaoxin district has a total investment of 100 million yuan. It is due to start trial production in June 2023 and reach full output in August, adding 100 million yuan of annual output value.
Midea-owned Welling Auto Parts started production on January 6, 2023 at the first phase of its new NEV parts base in Anqing, Anhui province. The base targets 1 million electric compressors, 1.2 million EPS motors and 200,000 drive motors a year.
Baker Hughes expanded the clean room at its Suzhou, China valve plant to about 158 square meters, more than double its previous size, to increase production capacity for air separation and hydrogen projects.
China Resources Sanjiu (Tangshan) Pharmaceutical awarded its 2023 carton procurement tender, with Baoding Rongda Packaging receiving a 70% share and Hezhong Chuangya Bohai (Tianjin) Packaging 30%. The result was published on 2 January 2023.
Chongqing Gas Compressor Works won the second-round tender for BOG high-pressure compressors for the Wuhu Changjiang LNG inland receiving and transshipment terminal in Anhui, at a bid price of RMB 18.5 million. The tender was awarded by Anhui Changjiang LNG Co.
Shenji Group won all six sets of 110,000 m³/h air separation compressor units for the first phase of Inner Mongolia Baofeng Coal-Based New Materials' 3 Mt/yr coal-to-olefins project. The order was reported on 27 December 2022, and Shenji also won 27 other process compressor sets for the project.
Shanghai Yuxuan Pump & Valve signed a supply contract with Sinopec Oil Construction Engineering for more than 200 valves. The valves serve the new tank farm project at Sinopec's Anqing Petrochemical plant in Anhui, which will add four 3,000 m3 cracked raffinate storage tanks.
Marine pump specialist Svanehoj secured an order for 98 electric deep well cargo pumps for seven LNG/LBG-fuelled chemical and product tankers being built for FureBear at a Chinese shipyard in Yangzhou for delivery between 2023 and 2025.
Aotejia (002239.SZ) said on December 22, 2022 that its annual 1 million electric compressor project is expected to be completed in mid-2023. After completion, its electric compressor annual capacity is expected to be about 1.8 million units.
Sinopec Capital, jointly with Hefei Innovation Sci-tec Venture Capital, invested in Hefei Huasheng Pumps & Valves to expand into high-end petrochemical pumps. The announcement is dated 20 December, presumably 2022, and no amount was disclosed.
Wärtsilä will supply its hybrid propulsion system, including a methanol-capable Wärtsilä 32 engine, for four new heavy lift vessels contracted by SAL Heavy Lift and Jumbo Shipping and being built at Wuhu Shipyard in China. The order was included in Wärtsilä's order book in December 2022.
CNOOC Liaoning Natural Gas published a tender shortlist for a valve procurement project, ranking Zhejiang Lianda Valve first at CNY 154,612.14 including VAT. Two other valve makers were ranked second and third.
Amcor opened its new flexible packaging plant in Huizhou, China, with an investment of almost USD 100 million. The facility is expected to employ more than 550 people and serves food and personal-care customers.
Guangxi China Tobacco Industry Co. published a winning-bidder shortlist for its 2022-2025 packaging paper procurement, with Guangxi Zhenlong Color Printing Packaging Co. as first candidate at a total bid of about 165.6 million yuan excluding tax.
Amcor, an Australia-based packaging company, opened a flexible packaging manufacturing plant in Huizhou, China, in December 2022, built with an investment of about $100 million and expected to employ more than 550 people.
Hoerbiger Compressor Technology held a groundbreaking on November 29, 2022 for a China base in Changzhou's Sino-Swiss innovation park. The 43-mu site has a total investment of US$100 million and is expected to exceed 500 million yuan in annual sales once at full output.
HOERBIGER initiated construction of a new plant in Changzhou, Jiangsu Province, China, on 29 November 2022, to house its Compression and Safety operations. The building is due for completion by the end of 2023.
Guangdong Forsberg Intelligent Equipment plans to invest 500 million yuan in an intelligent plant in Foshan, Guangdong, to make corrugated cardboard production line equipment. The project covers about 80 mu.
Changhong Huayi's Jingzhou subsidiary began construction on a project adding 10 million small high-efficiency variable-frequency compressors per year, with total investment of 600 million yuan. Phase one is 4 million units with 400 million yuan invested, and the groundbreaking took place on October 28, 2022.
Jiangsu Suyan Valve Group is investing and building the Jiangsu Maike Special Valve Technology project with a planned total of 1 billion yuan, covering 50,000 square meters of plant space and capacity of 300,000 special valves a year; construction began in April 2022 and trial operation started in October 2022.
Chinese shipbuilder Hudong-Zhonghua contracted Norwegian firm TMC Compressors to supply compressed air and nitrogen system equipment for six 174,000-cbm LNG carriers ordered by MOL. TMC will manufacture the equipment in the Nordic region; the price was not disclosed.
Toyota Industries Electric Air Conditioning Compressor (Kunshan) raised capital by RMB 560 million to build a second phase producing electric air-conditioning compressors for new energy vehicles. The expansion is expected to add 1.2 million units of capacity.
A signing ceremony was held for a German Baohua compressor project in the Taicang Port Economic and Technological Development Zone, with a total investment of US$10 million. The plant is expected to produce 10,000 compressors a year once at full capacity.
Shige Fluid Control (Shanghai), a subsidiary of Emerson Electric, has put a new magnetic switch production line into operation in Songjiang, Shanghai, localising production of core components; the line had trial production from July 2022.
Lamipak is investing over $400 million to expand its Kunshan, China facility with an R&D centre and automated warehouse, raising site capacity from 12 billion to 39 billion packs per year, with commissioning expected by April 2023.
Atlas Copco has agreed to acquire the assets of Shandong Jinggong Pump Co., a Zibo, Shandong maker of liquid ring vacuum pumps with about 100 employees and 2021 revenue of about $12 million, with closing expected in Q4 2022.
Hubei Taihe Petrochemical Equipment broke ground on a smart manufacturing plant for ultra-low temperature valves on 90.36 mu of land in Zigui, Hubei, with planned investment of 286 million yuan and completion expected in October 2023.
Bingshan Refrigeration announced plans to acquire 60% of Panasonic Compressor from Sanyo Electric and 55% of Panasonic Refrigeration for a combined cash price of RMB 1.011 billion, giving it full ownership of both.
Tipack Group was named bid winner for COFCO Joyome's centralized procurement project for production auxiliary materials such as pallets. The bid was opened on 2022-09-06 and awarded after evaluation and approval by Joyome.
YIZUMI has won a major order from BYD worth more than CNY 300 million, including VAT, for all-electric injection molding machines with clamping forces from 90 to 550 tons for car interior and exterior trims.
Amcor has opened a new innovation center in Jiangsu province, East China, with a $10 million investment. It is the company's second-biggest innovation center after North America.
NEP Pump won the bid to supply 62 sets of industrial circulating water, cooling, fire and rainwater pumps for ExxonMobil's Huizhou ethylene project in China, with delivery due in the first half of 2023.