Linzhou Heavy Machinery signed an equipment purchase contract worth 745 million yuan with Shaanxi Yanchang Petroleum Material Group for hydraulic supports and electro-hydraulic control systems.
Farpro Yuanda Valve is building a 50,000-ton-per-year precision valve plant in Longyao County on a 333,000 square meter site, with total investment of 1.24 billion yuan. The first phase is complete, with full completion expected by June and full production by year end.
CNOOC's Hainan branch awarded lot one of the ball valve procurement for the compressor module expansion of the Dongfang 13-2 CEPB platform to Tejie Valve Group for CNY 4,307,279.76 including VAT. The award was announced on March 4, 2024.
Yuanda Valve Group is building a 50,000-ton-per-year precision valve processing project in Longyao County, Hebei, China, with total investment of 1.24 billion yuan; the first phase is due for production by year-end 2024.
Shandong Freda Pharmaceutical Group's subsidiary announced winning bidders for its food packaging box project tender: Qingdao Dongcai Packaging Technology and Shandong Pacific Printing Packaging, published 19 February 2024.
Pump maker KSB is supplying 300 centrifugal pumps worth about €13 million to BASF for its new Verbund site in Zhanjiang, Guangdong, China, with 19 units already shipped since December 2023.
Taiyuan Heavy Industry's Yuci Hydraulic unit plans a new hydraulic component R&D workshop in Yuci District, Jinzhong, Shanxi, with capacity of 35,000 pump and valve units per year. Investment is 52 million yuan, with construction planned for 2024 to 2025.
Weidu Valve Co. won a tender for special-material control valves and high-temperature TA9 hand valves for Jiangsu Ruixiang Chemical's 1.2 million t/a high-salt wastewater recovery project and a wet oxidation unit at Jiangsu Ruihen New Material, for CNY 38,981,292.
Taiyuan Heavy Industry's Yuci Hydraulic Industry subsidiary re-tendered design services for a quality-upgrade capacity project, building a new hydraulic component R&D plant of about 13,000 square metres to produce 35,000 pump and valve units a year.
TMC Compressors will supply complete marine compressed air systems for two wind turbine installation vessels that CIMC Raffles is building for Havfram Wind; TMC will manufacture in Europe and deliver to China. The contract value was not disclosed.
BJRT Valve Technology Group won the butterfly valve section of Sinopec's process valve framework agreement tender, as reported in January 2024.
XCMG Hydraulics' high-end hydraulic valve project in the XZ High-tech Development Zone has been put into production, with capacity of 30,000 high-end hydraulic cylinders and 30,000 hydraulic valves a year, after a total investment of over 700 million yuan.
Fosber Asia held a topping-out ceremony for its new intelligent corrugator factory in Songxia Industrial Park, Foshan, marking completion of the main construction phase. The project has an investment of about 500 million yuan on a 13-acre site.
Valmet will supply key technology, including headboxes, press section, coating and automation, for Shandong Jin Tian He Paper's PM 13 food-grade folding boxboard machine in China. The value was not disclosed, and start-up is scheduled for Q2 2025.
Emerson signed with the Wuqing Development Area in Tianjin, China to build a production and R&D base on about 150 acres of industrial land in the area's third phase.
CMN Technology is constructing a new factory of about 49,047 square meters in Taizhou Bay New District, Zhejiang, with total investment of 500 million yuan, expected to complete in 2024.
Aosheng Pump (Zhejiang) started construction of its high-end valve and fire pump project in Deqing County, Zhejiang, with total investment of 320 million yuan. The plant will produce 20,000 valves and 1,000 fire pumps per year; the ceremony was held on January 3, 2024.
Aux Group's project to build a smart air-conditioning compressor plant with annual capacity of 30 million units in Wuhu, Anhui, was launched at a provincial start-of-construction event. Total investment is about 5 billion yuan, with completion expected in March 2025 and 3,000 jobs created.
Nanzhen held the groundbreaking ceremony on 2 January 2024 for the second phase of its smart manufacturing center in the Nanjing Binjiang Development Zone, planned for vacuum and compression products with annual capacity of 500 systems.
Zhejiang-based pump and valve maker Sevis Pump & Valve signed a project to build a plant producing 100,000 sets per year of ship, ultra-low temperature and marine hydrogen valves on 39 mu of new land in Haiyan Economic Development Zone, with total investment of 200 million yuan and construction starting April 2024.
Hubei Tongfang Gaoke Pump Co began construction on a digital, flexible smart manufacturing base in Ezhou's Gedian Economic Development Zone on 20 December 2023. The project has a total investment of about 180 million yuan and will produce liquid ring vacuum pumps and turbo compressor units.
Ningbo Changbi Hydraulic Transmission Technology has a pre-approval public notice for a smart manufacturing workshop in Fenghua District, Ningbo, producing 10,000 screw compressors and vacuum pumps per year.
Anhui Changyu Pump & Valve Manufacturing has completed the roof topping-out of its new plant in Jingxian, Anhui, a total investment of 80 million yuan on a site of about 13,000 square meters.
Hubei Xiangdewo Valve Co. is carrying out a renovation and expansion project in Laohekou, Xiangyang, Hubei, to produce 150,000 electric and pneumatic valves a year, with an investment of 96.59 million yuan. The project was listed on 13 December 2023 with a construction period from Q4 2023 to Q4 2024.
Hoerbiger Compressor Technology (China) opened its new Changzhou plant at the Changzhou High-tech Zone on December 12, 2023. The project has a total investment of USD 100 million and will serve petrochemical, hydrogen, chip and energy storage markets.
HOERBIGER has inaugurated a new production site in Changzhou, Jiangsu Province, which combines production and service for its Compression Division and Safety Business Unit, employing 250 people.
Hunan Pump & Valve Manufacturing won the tender to supply multifunctional pump control valves for the circulating water system of phase one of the Jingyuan Coal and Electricity clean gasification project in Gansu, for a bid price of 1.288 million yuan with 55-day delivery.
Fives inaugurated a new 7,000 sqm workshop at its Fives Cryo Suzhou subsidiary in Taicang, Jiangsu, funded by a EUR 7 million investment. It will make hydrogen-proven cryogenic equipment, combustion products and control systems.
Shuifa Agriculture Group announced winning bidders for lot 1 of its outer packaging supplier cooperation framework tender, with a contract value of RMB 54.942 million. Winning bidder names are masked in the notice.
ACI-Somagep, part of Parlym Group, acquired Jiangsu Colves Fluid Control, an industrial valve maker in Nantong, China, and its Italian distributor Colves Fluid Control to secure valve manufacturing quality.
Johnson Controls-Hitachi Air Conditioning's subsidiary Johnson Controls-Hitachi Wanbao Compressor (Guangzhou) signed the main terms of an investment contract with Conghua district for a scroll compressor project planned at about 100 mu of land, with investment of RMB 480 million.
ACI-Somagep, part of Parlym Group, acquired Jiangsu Colves Fluid Control, an industrial valve manufacturer in Nantong, China, and its Italian distributor Colves Fluid Control. The deal strengthens ACI-Somagep's supply chain and gives it a manufacturing base in Asia.
Embraco, a Nidec Global Appliance brand, began high-volume production of NEX and VEH compressors at its Beijing factory. The company invested US$5.7 million to set up the production line.
Duoning Biotechnology signed an agreement to acquire Changzhou PreFluid Technology, a Chinese peristaltic pump manufacturer with a 10,000 sq m factory in Changzhou. PreFluid's pumps serve medical, pharmaceutical, chemical and environmental industries.
Shaangu Power signed a contract with China Energy Construction Group to supply multiple large-scale compressor units and auxiliary equipment for the Gansu Jiuquan 300 MW compressed air energy storage power plant demonstration project. The project is described as the world's first 300 MW man-made cavern CAES plant.
Shenzhen Jinjia Group is the first-ranked candidate in a public tender by Hunan China Tobacco Industrial for packaging paper for Furong Wang cigarette box strips, covering November 2023 to June 2024. The total bid price is CNY 8,897,614.13 including tax. The bid opened on 7 November 2023 and the candidate list was published on 14 November 2023.
AUX Group signed a strategic cooperation agreement with the Wuhu Economic and Technological Development Zone to settle a project producing 30 million compressors annually in Wuhu, Anhui, China.
Anqing Fangrun Packaging Co. published a notice awarding a corrugated board purchase contract to a Huaining company for CNY 10.08 million. The notice is dated 2023-11-10.
Danfoss Turbocor is opening an expanded facility in Haiyan, China, next year. The expansion supports its continued growth of compressor manufacturing.
At the Phase II inauguration on November 1, 2023, Schaeffler signed an investment agreement with the Taicang High-Tech Industrial Development Zone for a New Energy Phase III Project.
Schaeffler officially inaugurated the New Energy Phase II Factory at its Taicang manufacturing base in Jiangsu province on November 1, 2023. The plant produces electric motor stators and rotors for new energy vehicles.
ZXD Valve Control launched a new fully automated actuator assembly line at its headquarters in Wenzhou's Binhai zone, lifting annual pneumatic actuator capacity by 40%. The 1,200 square meter facility was inaugurated on October 26, 2023 in a multi-million-dollar investment.
Hangzhou Feixeer Technology won a tender worth RMB 4,858,000 to supply pneumatic control valves and related services for plant buildings and a wastewater tank farm of Liaoning Youchuang Plant Protection's project in Huludao.
Shandong Furuida Pharmaceutical Group announced winning bidders in its supplier selection tender for cosmetic packaging boxes, naming 12 printing and packaging companies in China.
China Merchants Heavy Industries (CMHI) contracted TMC Compressors to supply a marine compressed air system, including compressors, for a newbuild FPSO being built for SBM Offshore. TMC will manufacture the equipment in Europe and deliver it to the Chinese yard. The contract value was not disclosed.
China Merchant Heavy Industries contracted TMC Compressors to deliver a marine compressed air system, including compressors, for a newbuild FPSO being built for SBM Offshore. TMC will manufacture the equipment in Europe and deliver it to China. The value was not disclosed.
Xinjin Power's subsidiary Xinjin Chemical Machinery won a compressor project from Shanghai Hetu with a bid value of 206 million yuan. The announcement was made on 2023-10-19.
Nantong Unika Machinery Equipment began construction on a 100 million yuan project in Qidong's high-tech zone to produce core components for roll press equipment.
Exe (Qidong) Fluid Technology received land and began construction on a 500 million yuan project in Qidong's high-tech zone to produce 200,000 intelligent control valves per year.
Aci-Somagep, a subsidiary of French group Parlym, acquired 100% of Colves Fluid Control and its China-based subsidiary Jiangsu Colves Fluid Control from Trouvay & Cauvin Holding Group. The deal covers industrial valves and integrated systems for oil and gas, petrochemical and water treatment uses.