Shanghai Yuxuan Pump & Valve won the valve section of the coal-to-olefins upgrade demonstration project of Guoneng Baotou Coal Chemical in Inner Mongolia, supplying ball, globe, gate, safety and control valves with a 30-day production cycle. The project raises methanol capacity from 1.8 to 3.8 million tonnes per year and methanol-to-olefins capacity from 0.6 to 1.3 million tonnes per year.
Hangzhou Jinshan Instrument Valve began construction of its second-phase project in the Fuchun Bay New City of Hangzhou, planned at CNY 120 million total investment. It will produce about 10,000 sets of special-condition control valves per year, with completion expected by end of next year.
Taiwei'er Valve's valve and control valve production line expansion in Zigong's high-tech industrial park began trial production in July 2023, with full operation planned for October 2023. The CNY 80 million project adds capacity of 154,000 units per year.
Alleima is investing approximately SEK 250 million in a greenfield cold-finishing facility of over 10,000 square metres at its existing Zhenjiang site. Operations start in 2025 and will serve the chemical and petrochemical segment, including hydrogen tubes.
Wärtsilä will supply LNG fuel gas supply systems for four new 23k TEU container vessels being built for CMA CGM at the Hudong Zhonghua shipyard in China. The order was booked in Q2 2023, with deliveries of equipment to the yard in early 2024.
BAUER KOMPRESSOREN CHINA established a 7,000 sqm manufacturing facility in Taicang, Jiangsu near Shanghai to meet rising demand for its new BM medium-pressure compressor series.
Liaoning Tobacco Dandong Company awarded a 2023 packaging materials procurement to Xiangyang Baoli Ying Packaging Materials Co. for 1,137,819 yuan. The order covers sacking cloth, hemp rope and twine.
Qinhuangdao Zhongqing Metallurgical Valve Co. is finishing its Zhongqing industrial park in Lulong county, with a total investment of RMB 455 million, capacity of 40,000 tons of valves a year and expected output value of RMB 1 billion. Offices are due to be finished in late September and production lines in October 2023.
Shanghai Frethy Valve Co. completed land registration for a project in Anren Town, Longquan, to build a 10,000-ton valve casting and 500,000-unit smart control device production line, with a total investment of RMB 121 million. The project is due to start construction within the year and reach full capacity in 2025.
Neway Valve's 96-inch pneumatic high-temperature triple offset butterfly valve, rated to 816°C, passed owner acceptance for a domestic customer's propane dehydrogenation project. The article date is 4 August 2023; the valve's delivery date is not given.
Anhui Dazhong Valve Group held a groundbreaking ceremony on 3 August 2023 for a smart pipeline valve production project in Anhui, China. The total investment is CNY 180 million, with capacity of 4,500 tonnes of pipeline valves per year.
BODENFLO has moved its micro diaphragm pump and mini compressor factory to a new industrial park location in Baoan District, Shenzhen, China. The company says the move expanded its production space and did not disrupt orders.
Toyota Industries Denso Air Conditioning Compressor (Kunshan) plans an expansion of its electric compressor production by 1.28 million units in Kunshan, Jiangsu. Jiangsu authorities confirmed the project as eligible under national industrial policy.
Changhong Huayi Compressor (Jingzhou) held a commissioning ceremony on July 28, 2023 for phase one of its 10 million unit capacity expansion, including a new automated compressor line. After phase one, annual output reaches 4 million units and total capacity 15 million.
Guangxi China Tobacco Industrial Co. awarded the 2023-2025 Lilong (new edition) cigarette box and carton packaging paper procurement contract to Guangxi Zhenlong Color Printing Packaging as first bidder, with Zhejiang Meinong Century Group second.
Nantong High-Pressure Valve Co. won tender sections for 72-inch oversized valves for the first phase of Shandong Yulong Petrochemical's refining and chemical integration project on Yulong Island. The win was secured on 12 July 2023 and was reported in July 2023.
KM Hydraulic announced a Phase II factory of about 16,000 square meters in the expansion area of its existing plant, with an expected annual output value of 300 million yuan. It will produce load-sensitive proportional multi-way valves and is expected to start operating in 2024.
Zhejiang Haihong Hydraulic Technology, a hydraulic valve maker and supplier to XCMG, Anchai and Hangcha, filed a prospectus for a ChiNext IPO to raise CNY 600 million, of which CNY 550 million is for capacity expansion.
China's SAMR advised Shandong Xinjufeng Technology Packaging to file its proposed acquisition of a 28.22% stake in Hong Kong-listed Greatview Aseptic Packaging from JSH Ventures. The regulator's move is considered unprecedented in hostile takeover filings.
Zhejiang Tehong Fluid Control, a wholly owned subsidiary of Tehong Valve, signed to locate a high-performance smart control valve and intelligent components production base in Wenzhou Hai Jing district, with total investment of RMB 242 million and annual output expected above RMB 300 million.
Taiwan-listed Forward-KY (8411) invested RMB 300 million in a two-line two-piece aluminum can plant in Xi'an, Shaanxi, opened June 30, 2023, with first-phase production planned before the mid-autumn season and annual capacity of 600 million cans.
Atlas Copco broke ground on its China headquarters project for industrial compressor R&D and manufacturing in Wuxi, Jiangsu, with total investment near RMB 3 billion and annual capacity of 163,000 units once complete.
Atlas Copco's Compressor Technique business area held a groundbreaking ceremony in Wuxi, China, to expand its R&D and manufacturing base, with the facilities to be in full use by the end of 2025.
Xifulong Valve Group won a tender for 48 ball valve actuators (DN50-DN600) for the pipeline transport company of Shaanxi Yanchang Petroleum Group, with a winning bid of 6,674,126 yuan, awarded June 20, 2023.
Anhui Tenglong Pump & Valve Manufacturing began construction of a new plant in Jing County, Anhui, to produce 10,000 ultra-pure pumps and pipes and 20,000 injection pumps per year. The project has a total investment of 120 million yuan and is expected to employ over 200 people.
NETZSCH (Lanzhou) Pump Co. held a groundbreaking on June 5, 2023 for a relocated, expanded pump plant on a 139-mu site in Lanzhou High-tech Zone, with total investment of 300 million yuan and annual capacity of 50,000 pumps. Phase one is due for completion at the end of 2024 with production in 2025.
Sichuan Binda Valve won the valve procurement contract for Hubei Energy's 2x1000MW supercritical coal-fired EPC project in Yicheng, Xiangyang, and supplied desuperheating-reducer valve units that supported the project's commissioning. The report is dated June 2023.
Dream (Zhejiang) Air Equipment Manufacturing broke ground on a 35,000 square meter plant in Pinghu City, Zhejiang, China, with 105 million yuan of investment to produce 5,000 intelligent industrial air compressors annually.
Demon (Zhejiang) Gas Equipment Manufacturing held a groundbreaking ceremony on 20 May 2023 in Pinghu, Zhejiang, for a plant on over 20 mu of land. The 105 million yuan project will produce 5,000 intelligent industrial gas compressors a year.
Danfoss has opened a 7,000 square meter green refrigerants compressor laboratory in Tianjin for research and testing of commercial compressors, with a total investment of 140 million yuan. The opening was reported in the week before May 17, 2023.
Chongqing Water Pump Factory invited bids for project management and supervision of its large reciprocating diaphragm pump expansion in Shapingba, Chongqing. The total project investment is about CNY 76.8 million, including about CNY 41.7 million for new equipment.
Sinopec International Co. issued a public tender for a 2023 framework agreement covering domestic reciprocating compressor valves for Sinopec Shanghai Petrochemical, with a bid deadline of May 16, 2023. The item quantity listed is 100 units of reciprocating compressor parts. The notice is a first change to the original tender.
Silgan Dispensing announced the expansion of production of its MELODIE fragrance pump to its existing Wuxi facility in China to meet rising demand in the Chinese and Asia-Pacific markets. The announcement is dated May 8, 2023.
Danfoss signed an agreement with the Haiyan county government in Zhejiang to begin building its second campus there. The local government funds the facility, which Danfoss leases and equips itself.
Jiugang Group's Ziyuan Wine company awarded Lanzhou Fangzheng Packaging a centralized procurement contract for corrugated cardboard boxes and paper bags for April 2023. The total awarded value was RMB 1,491,100.
Ypsomed held the groundbreaking for a new production facility in the Changzhou National Hi-tech District on 25 April 2023, investing over CHF 35 million in a first phase. Production is expected to start in the second half of 2024.
Sinopec Shanghai Petrochemical issued a public tender on 24 April 2023 for a framework agreement covering domestic high, medium and low pressure valves for reciprocating compressors. Bids are due 16 May 2023.
Sinopec Shanghai Engineering Co. issued a public tender on 23 April 2023 for six DN1000 cast steel multifunctional pump control valves for its Qingdao maleic anhydride project. Bids are due 11 May 2023.
Auramarine Asia held the grand opening of its new factory in Jinshan, Shanghai, on April 19, 2023. The site expands the company's production capacity for the marine, power and process industries.
Yantai Taihai Manoir Nuclear Equipment, a wholly owned subsidiary of listed company 002366.SZ, signed a supply contract worth CNY 105.5 million (incl. tax) with CGN Engineering for LOT12OG main piping of Unit 1 of the CW project.
Haier and Highly broke ground on a joint venture air-conditioner compressor production base in Zhengzhou Economic-Technological Development Zone. The project has a total investment of 2 billion yuan and plans 15 million compressors per year, with phase one due in first half of 2024.
IMI's Norgren China opened a automated pneumatic and fluid control manufacturing base in the Wujiang Development Zone. The project has a total investment of US$30 million and a 2025 sales target of 1.4 billion yuan.
Atlas Copco completed the acquisition of assets of Shandong Bozhong Vacuum Technology, a Zibo, China maker of liquid ring vacuum pumps and systems with 116 employees and about 90 million CNY in 2021 revenue. The purchase price was not disclosed.
Millennium Group International Holdings closed its IPO of 1,250,000 shares at $4.00 each, raising $5.0 million gross, with shares trading on Nasdaq from April 4, 2023 to fund corrugated paper production facilities in Huizhou and Vietnam.
LiangGu Valve Group is building a valve casting base in Longquan with investment over 100 million CNY, covering 50 acres, targeting 15,000 tons of valve castings a year, with completion planned for 2024.
LiangGu Valve Group plans a special valve production facility in Longwan Airport New Area, Wenzhou, with total investment over 300 million CNY, targeted for operation in 2025 with an annual output value above one billion yuan.
A wholly owned subsidiary of Feilong Co (002536.SZ) was nominated for an electric oil pump assembly project by an undisclosed Chinese self-brand carmaker, with expected lifetime sales above 350 million yuan.
Fujian China Tobacco Industrial announced that Huacai Printing and Shenzhen Guanwei Technology were the first and second selected suppliers for the 2023-2025 cigarette pack and carton packaging paper tender, with a total contract value capped at about CNY 23.76 million.
Anhui Tenglong Pump & Valve Manufacturing plans a new plant in Jing County's electric motor pump and valve industrial base, with 120 million yuan total investment, about 60 mu of land, and expected annual sales of 400 million yuan.
Shandong Hongfeng Intelligent Equipment is starting trial production at its 80,000 sets/year high-end industrial valve plant in Dongying's economic development zone, a project with 150 million yuan fixed-asset investment and about 200 jobs.