Faurecia acquired exclusive access to intellectual property and process know-how for composite hydrogen tanks from Stelia Aerospace Composites, to develop high-pressure tanks for fuel cell electric vehicles.

Prysmian was awarded a contract worth more than EUR 300 million by RTE to develop submarine cable links connecting three planned offshore wind farms (Fecamp, Calvados and Saint-Nazaire) to the French mainland grid.

French thermoforming company Vercors has decided to set up a new industrial facility that will triple its current production area.

Engie Cofely Services was awarded a contract by the French Commissariat a l'energie atomique to supply, install and commission a replacement air compressor and related equipment at the Valduc centre, for EUR 401,887.

Sulzer is in discussions to acquire Ensival Moret from Moret Industries for an enterprise value of about $83.6 million. Ensival, founded in 1905 and based in Saint-Quentin, France, had sales of about $120 million in 2015.

Pentair's Saint-Juéry plant in Tarn, France shipped three 80-tonne valves, its largest ever, to Norwegian client Sverdrup for an offshore North Sea oil platform, worth about EUR 3 million in revenue.

Swiss Sulzer is negotiating exclusively to buy French pump maker Ensival Moret for CHF 85 million (about EUR 80 million), with closing possible in Q2 2017 subject to shareholder approval, reported November 28, 2016.