Dongya Machinery (301028.SZ) plans to invest RMB 733 million to build an air compressor manufacturing base in Tongan High-tech Zone, Xiamen. Construction is expected to be completed before 1 January 2025.
Zhejiang Qilaoban Compressor Manufacturing is building a single-storey steel plant in Quzhou's Qujiang District to produce 1,000 screw air compressors, 20 centrifugal compressors, 500 refrigerated dryers, 500 PID air supply control systems and 1,000 air tanks per year. The project's investment is RMB 148.4 million, with main construction scheduled from Q4 2022 to Q3 2023.
Shengxing Co (002752.SZ) plans to acquire all equity of Beijing Pacific Can Company from Fuzhou Pacific Can Group for CNY 301 million, funded from its own resources. The deal is to be signed under a sale agreement announced on 2022-08-16.
China Post's Guangxi branch published bid-candidate results for its 2022-2023 packaging box procurement, naming Guangdong Xinyuan Culture Technology as first candidate for both lots. Nanning Aotu and Xiamen Jihong were listed as other candidates; the public notice ran 15 to 18 August 2022.
Henan Yuda Valve reported supplying more than 500 stainless steel butterfly valves, with Emerson pneumatic actuators, to a caprolactam and hydrogen peroxide chemical project with a total valve value above 500 million RMB. The post is dated 13 August 2022.
Bosch Rexroth and Weifu Group plan to form a joint venture in Wuxi, Jiangsu, to develop, make and sell hydraulic products for the Chinese market. Bosch Rexroth will merge its subsidiary Lezhuo Hydraulics into the venture, which still needs regulatory approval.
Weir ESCO has broken ground on a new foundry in Xuzhou, China, to add capacity for ESCO ground engaging tools. Production is scheduled to start in late 2024, ahead of full production in 2025.
Ingersoll Rand agreed to acquire Shanghai Hanye Air Purifying Technology, an OEM supplier of compressed air dryers and filters with about $4 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.
Hongta Liaoning Tobacco Co. published a tender award notice for its carton packaging project, won by two companies, with a winning bid amount of about RMB 87.33 million, announced 2022-07-21.
Taizhou municipal environmental authority accepted the environmental impact assessment for Zhejiang Danong Industrial's expansion of high-pressure plunger pumps and pump systems at Hengjie Town, Luqiao District, on 19 July 2022.
Guangzhou Industrial Control's Wanbao Compressor began operating its new Conghua plant on 15 July 2022, with a total investment of about 1 billion yuan, planned capacity of 21 million units per year and about 1,700 local jobs.
Flowserve received an order in excess of $15 million from State Nuclear Power Engineering Company for valves and actuators for the AP1000 units at Sanmen and Haiyang under construction in Zhejiang and Shandong provinces. The article's date is uncertain as the text refers to 2014 operation schedules.
KSB, with its joint venture SEC-KSB Nuclear Pumps & Valves, secured a triple-digit million euro order to supply six RSR 750 reactor coolant pumps with high-voltage motors for the Zhangzhou power plant in China, whose units 1 and 2 will each have 1200 MW output.
Dow signed a memorandum of understanding with China's Want-Want Group to supply water-based and solventless laminating adhesives. The aim is zero-solvent emissions and more recyclable flexible packaging.
ZF signed a deal with local authorities to build a 14,000 square meter plant in Rizhao, Shandong, producing airbag cushions and other passive safety products, expected to be operational by end of 2022.
Parker (Wuxi) Valve Co. has been selected as supplier of high-pressure control valves for the first phase of the 300,000-tonne Liuhua urea project in Gansu Province. The award followed a tender run by the Gansu Tendering Center.
Atlas Copco has agreed to acquire the assets of Shandong Jinggong Pump (Chinco), a Zibo-based maker of liquid ring vacuum pumps and systems, with closing expected in Q4 2022. The purchase price was not disclosed.
Highly Marelli's Wuhu plant in Anhui province, China, has begun operation after its first mass-produced heat exchanger rolled off the line on 20 June 2022. The plant will produce HVAC units and heat exchangers for new energy vehicles, with annual capacity of 800,000 HVAC units and 7 million heat exchangers.
TALIS, through its French subsidiary BAYARD SAS, signed a 60/40 joint venture agreement with China's Kc-Val to form TALIS Flow Control (Shanghai) Co. Ltd, which takes over Kc-Val's control valve production. It will be TALIS's first production facility outside Europe and Israel.
Guangxi Zhenlong Color Printing Packaging published the shortlist for its 2022-2025 carton kraft paper procurement tender, with Guangxi Nanning Fengyuhuang Trading as first candidate at about CNY 395,307 excluding tax. The three-year budget is about CNY 1.5 million.
Shengu Group broke ground on its compressor supporting industrial park and reciprocating machine production test base in Shenyang, a 160 million yuan project expected to start production by end-2022.
LiangGu Valve Group is preparing a fully intelligent special valve factory in Wenzhou Economic and Technological Development Zone with annual output of 100,000 sets and a total investment of 668.78 million yuan. The project has submitted a feasibility report and a land application, and construction is expected to take two years.
Guangxi Zhenlong Color Printing Packaging published a bid candidate notice for a 2022-2025 carton kraft paper purchase. Guangxi Nanning Fengyuhuang Trading ranked first with a bid of 395,307.34 yuan, pending the objection period.
Lummus Technology and its catalyst partner Clariant were awarded a contract by Fujian Meide Petrochemical to supply CATOFIN propane dehydrogenation technology and catalysts for a 900,000 metric ton per year propylene unit in Fuzhou, China, scheduled to start in 2023.
Fangzheng Valve Group won a tender for pneumatic valves from CNOOC Development's Shenzhen regional center for CNY 113,000 including VAT. The award was published on 24 May 2022.
Hongde (301163.SZ) board approved using over-raised funds for a 165 million yuan project in Tongzhou, Jiangsu, to build small and medium high-end components. The project is expected to add 15,000 tonnes per year of key parts for wind power and pumps and valves.
China United Engineering won the phase one design contract for Huayi Compressor's upgrade and expansion project in Jingzhou, Hubei. The project aims to add 4 million compressors of annual capacity, building toward 10 million.
Carlyle Group is reportedly set to buy Chinese packaging firm HCP for about $1 billion from owner Baring Private Equity Asia. The deal is reported to be expected to complete in the coming months.
Shengxing Co. (002752.SZ) announced that it will establish subsidiary Shengxing (Ya'an) Packaging in the Ya'an economic development zone, Sichuan, to build an aluminum beverage can production project. The total estimated investment is about 180 million yuan, announced May 10, 2022.
Burckhardt Compression's subsidiary Shenyang Yuanda signed a contract with Sinopec Guangzhou Engineering to supply three skid-mounted hydrogen compressors for the Sinopec Xinjiang KuChe green hydrogen project, announced May 2022.
Zhejiang Niudun Fluid Technology's new plant in Yongjia, Wenzhou, with total investment above 500 million yuan, entered pile foundation construction and is expected to partly start production by end-2022.
Guangdong GDA Valve Technology began construction on its GDA Digital Intelligent Manufacturing Base in Fusha Town, Zhongshan, for R&D and manufacturing of patented valves for smart heaters and ovens. The total investment is 210 million yuan, with expected annual output value of 400 million yuan.
Azbil completed a new factory building at its Azbil Equipment (Dalian) production base in Dalian, Liaoning, to expand global production, mainly for industrial valves, with full operation scheduled for January 2023.
Youfumi Valve Group is expanding and upgrading its Fuding, Fujian plant to produce 100,000 fluorine-lined pipe valve sets per year. Workshop one is due to be finished by the end of June with production starting in October, and the project adds automated equipment.
Diaphragm valve maker NDV has given Kaiser the EPC contract for its new factory project in Tianjin, China.
COFCO Packaging (00906) plans a two-piece can factory in Shenyang with total investment of about RMB 600 million. Phase one is expected to start construction in the first half of 2022 with 1 billion cans a year capacity, and phase two adds 700 million cans a year.
Jiaxi Bella Compressor is building phase one of a production line in Jiaxing's Nanhu District, Zhejiang, for refrigerator and EV air-conditioning compressors and inverter controllers. The project has a reported investment of 300 million yuan and a construction period from Q4 2021 to Q4 2022.
Danish pump maker Svanehøj won an order from Jiangsu New Yangzi Shipbuilding for 30 deepwell LNG fuel pumps for 15 dual-fuel 7000 TEU container vessels. Deliveries are scheduled from August 2022 to January 2024.
J. Schmalz began manufacturing vacuum components and complete vacuum systems for automation and manual handling at its new China headquarters in Taicang on 2022-03-18. The site sits on a plot of about 27,000 square meters acquired in early 2020.
CNOOC's procurement platform published the tender results on 2022-03-18 for spare parts for boiler control, safety and shut-off valves and pressure-regulating station equipment at Zhongshan Jiaming Power's Phase II and III plant. Shanghai Yixing Fluid Control, Foshan Bashi and Gaotuo Oil & Gas Technology were named winners, with the top winner's price at CNY 764,738.80.
Hanon Systems is launching a new plant in Hubei, China, to manufacture HVAC modules for electrified vehicles, with about 6,000 square meters of space. Production is expected to begin in early 2023 and create about 100 local jobs.
GE Gas Power and Harbin Electric were awarded a contract by Shenzhen Energy Group for the Guangming combined-cycle power plant in Shenzhen, Guangdong, which will generate up to 2GW. GE will supply three 9HA.01 gas turbines and Harbin Electric will supply steam turbines and generators.
Jiangsu Fujie Equipment Manufacturing broke ground on 2022-03-04 on a Phase II factory and office building in Wujiang District, Suzhou, with about 500 million yuan of investment. After completion it is to produce 6,000 sets of oil and gas wellhead devices and 40,000 valves per year.
Wuxi Xinfeng Pipe Industry, a wholly owned subsidiary of Longquan, won a tender for nuclear-grade stainless steel pipe fittings for the Tianwan 7-8 and Xudabu 3-4 nuclear power projects, with a bid price of about RMB 55.99 million. The award was announced on 2022-02-24.
Atlas Copco will invest RMB 3 billion to build a China headquarters and R&D and manufacturing plant for industrial compressors in Wuxi New District, with annual capacity of 163,000 units. The project was signed on February 21, 2022.
Midea Group began construction of a new energy vehicle auto parts base in Anqing, Anhui province, with a total investment of about 11 billion yuan ($1.74 billion). The base is designed to produce 60 million units of auto parts annually.
Jiangsu Shentong signed a letter of intent with Dewei Valve Casting (Suzhou) and its controlling shareholder HOT EXCESS HOLDINGS to take control of Dewei through a mix of share purchase and cash capital injection. Dewei is a valve supplier to major international oil and gas companies.
Singapore-based Jihua Industrial invested in a project to produce 500,000 valve sets a year in Ningjin County, Dezhou, Shandong, with a total investment of USD 16 million including USD 10 million for new CNC equipment. Annual sales are expected to reach about CNY 200 million.
GN Solids Control's new Yutian factory project for capacity expansion, covering 78,000 m2, has entered its final construction stage and is expected to add capacity in 2022.
Norwegian marine compressor specialist TMC won a contract from Jiangsu New Yangzi to supply compressed air systems for fifteen LNG-powered 7,000 TEU container vessels being built for Seaspan. The deal value was not disclosed.