Interpump plans to invest R$10 million by 2025 in new equipment and infrastructure at its Caxias do Sul and Indaiatuba plants, including CNC robotic cells and a test bench. The investment targets modernisation under Industry 4.0.
Interpump Hydraulics Brasil assumed control of Hidrover Equipamentos Hidráulicos, a Flores da Cunha maker of hydraulic cylinders serving construction and agriculture. The founding partners will continue to manage the company.
Interpump Hydraulics Brasil plans to invest R$10 million through 2025 in new equipment, robotic cells and infrastructure at its Caxias do Sul and Indaiatuba plants, under an Industry 4.0 approach.
Interpump Hydraulics Brasil announced it acquired control of Hidrover Equipamentos Hidráulicos of Flores da Cunha, Rio Grande do Sul, a maker of hydraulic cylinders for construction and agricultural markets. The current partners will keep managing the company.
ABB received an order from DS Smith Paper Italia to supply a sectional drives system, motors and inverters for a new containerboard machine PM3 at the Lucca Paper Mill in Porcari, Tuscany. The machine is expected to have annual capacity of 450,000 metric tons.
Singer Industrial teamed up with Fluid Tech Hydraulics, a Sacramento-based hydraulic distributor and service provider, which will operate within Singer's Fluid Power Division. The deal increases Singer's footprint to more than 120 locations.
Korea Shipbuilding and Offshore Engineering awarded TMC Compressors a contract to supply marine compressed air systems for four LNG carriers being built by Hyundai Heavy Industries for Capital Gas Corp. Value undisclosed; systems to be made in Scandinavia.
Fluiconnecto UK Ltd, part of the Manuli Ryco group, announced the acquisition of GB Hoses Limited, a UK provider of 24/7 emergency mobile hose replacement and a trade counter in Greater Manchester. The announcement was made on 30 October 2024.
Armstrong International has secured a European Commission Innovation Fund grant to accelerate expansion of its Herstal, Belgium manufacturing facility for high-temperature heat pumps. The grant amount was not disclosed.
Kongsberg Maritime will supply propulsion, automation and energy systems for ten platform supply vessels being built by Fujian Mawei Shipbuilding in China for Greek owner Capital Offshore. The contract is valued at about NOK 800 million.
Hubei Kaiyi Petrochemical Equipment Manufacturing broke ground on 18 October 2024 on a 150 million yuan Kaiyi Industrial Park in Jiangxia, Wuhan, for a specialized high-pressure valve production line, relocating its operations there.
Quebec family office Atwater Capital has acquired RDC Contrôle Ltée, a Quebec manufacturer of industrial cylinders, actuators and thermocouples founded in 1975. The announcement was made on October 17, 2024.
Danfoss Turbocor completed Project Horizon, its largest expansion in Tallahassee, Florida, including a new 145,000 sq ft manufacturing facility built by Sperry Construction. The $60 million project will let Danfoss make over 14,000 compressors per year, doubling current capacity.
Burckhardt Compression was selected by Preem as compressor supplier for its Lysekil refinery in Sweden, supplying two API 618 process gas compressors for the Synsat and ICR renewable diesel unit. The revamp, with Topsoe as process licensor, is scheduled to be fully rebuilt by 2024 and supports up to 1,000,000 standard cubic meters per year of renewable diesel.
Baker Hughes has been awarded a contract to supply centrifugal and electric-driven Integrated Compressor Line compressors to Saipem for TotalEnergies' Kaminho FPSO unit in Angola. The contract will be booked in the third quarter of 2024, with production start-up set for 2028.
Baker Hughes will supply centrifugal BCL compressors and Integrated Compressor Line technology to Saipem for TotalEnergies' Kaminho FPSO project in Angola's Block 20/11. The contract is to be booked in Q3 2024 and production is set to start in 2028.
M+S Hydraulic plans a second plant in Kazanlak, Bulgaria, with a total investment of 45 million levs (about 22.5 million euros) over three years. It will raise hydraulic motor capacity by 30%, and a construction contract has been signed with Barrage Group.
Nekkar subsidiary Syncrolift received a notice of contract award from the Norwegian Defense Estate Agency to deliver a newbuild shiplift and subsequent service and maintenance for the Haakonsvern naval base in Bergen, with a combined value of NOK 205 million.
PetroVietnam Coating Joint Stock Company ran an online tender to buy air compressors for a pipe wrapping line, with a value of 1.663 billion VND. The tender result lists a winning contractor, decided on 9 October 2024.
Jereh Oil & Gas Engineering has signed a contract with Bapco Upstream for engineering, procurement, construction and commissioning of seven gas compressor stations around the Bahrain field. Completion is scheduled for the first quarter of 2026.
Baker Hughes has received an order from Dubai Petroleum Establishment, on behalf of Dubai Supply Authority, for ten Integrated Compressor Line units. They will be installed at the Margham Gas storage facility in Dubai.
EPSEA Industrial has completed the topping-out of its 50,000+ square metre Factory II, which will make gas storage tanks, separator tanks, reaction kettles and pressure vessels, with full operation expected by end-2024.
Atlas Copco Group has acquired Arlógica Máquinas e Equipamentos, a compressor distributor and service provider in Vila do Conde, Portugal, with 9 employees. The purchase price was not disclosed.
Atlas Copco Group has acquired Easy Filtration SRL, a Milan-based distributor of process filters with 9 employees, joining its Medical Gas Solutions division. The purchase price was not disclosed.
Ingersoll Rand has acquired Blutek s.r.l., an Italian designer and producer of engineered compressed air and nitrogen generation solutions, as part of three bolt-on deals totaling about $135 million.
Ingersoll Rand has acquired Air Power Systems Co. (APSCO), a US provider of hydraulic and pneumatic products for specialty work trucks, as part of three bolt-on deals totaling about $135 million.
Nomo Group, a Power Transmission Solutions company within Axel Johnson International, is acquiring a majority stake in Finnish seals specialist Top-Osa of Tampere. The deal expands Nomo's sealing offering across the Nordics.
Turkish company Dalgakiran Kompresor opened a production and maintenance facility in Bilohorodka, Kyiv region, after investing UAH 400 million (about $10 million). The plant makes generator and compressor equipment, cooling systems and industrial pumps and created 50 jobs.
Elgi Compressors USA, a subsidiary of Elgi Equipments, decided to sell its entire stake in the Compressed Air Solutions of Texas joint venture to its partner for $154,586, with closure expected by October 31, 2024.
Jereh Oil & Gas Engineering signed an engineering, procurement, construction and commissioning contract with Bapco Upstream for gas compressor stations in Bahrain, with a total value of $288 million excluding VAT.
Jereh Oil & Gas Engineering, a subsidiary of Jereh Group, signed a $288 million EPCC contract with Bapco Upstream for gas compressor stations and a central compression facility in Bahrain. The contract was announced on September 25, 2024.
TechnipFMC was awarded two subsea contracts by Petrobras for Brazil's pre-salt fields: a substantial contract for riser flexible pipe and a significant contract for subsea production systems for Atapu 2, Sepia 2 and Roncador, to be manufactured locally.
Copeland announced a ₹500 crore (US$60 million) investment in India to expand its Atit, Maharashtra manufacturing facility and build a new 15,000 square meter global R&D center in Pune. The Pune plant will grow by 7,350 square meters over five years, adding scroll compressor capacity.
Copeland announced a ₹500 crore (US$60 million) investment in India to expand its Atit, Maharashtra manufacturing facility, add a scroll compressor line, and build a 15,000 sq m R&D centre in Pune.
Anthony Veder Rederijzaken signed a framework agreement with Burckhardt Compression covering 56 Laby compressors across its fleet of 30 gas carriers, including service and spare parts. The contract was announced on September 18, 2024.
Energinet Gas TSO awarded Leobersdorfer Maschinenfabrik a contract worth €1,180,000 for two mobile evacuation compressor units and a service agreement, published September 18, 2024. It was a single-bid negotiated procedure.
JOST Werke signed an exclusivity agreement with Unitas Capital and NWS Holdings to buy all shares of Hyva, a hydraulic cylinder supplier with 14 production facilities. A definitive agreement is targeted for Q4 2024.
Atlas Copco announced it will acquire Perslucht Wilda, a Woudenberg-based compressor distributor with 9 employees, to extend its aftersales presence in the Netherlands. The purchase price was not disclosed and closing is expected in Q4 2024.
Sino-Shell Petrochemicals published a shortlist for the purchase of ethylene feed, booster and hydrogen recycle compressors for the phase III Huizhou ethylene project's LAO unit. Shenyang Yuanda Compressor ranked first with a bid of CNY 47,895,200, and Shenyang Turbo Machinery ranked second.
RWE has commissioned Sunfire to supply a 100 MW alkaline electrolyser and Bilfinger to build auxiliary systems for the third construction phase of its 300 MW GET H2 Nukleus green hydrogen plant in Lingen, Germany, with commissioning planned for 2027. The contract value is in the low hundred-million-euro range.
Hubei Energy's Jiangling Power Plant phase II expansion has published a shortlist for air compressor, aftertreatment and gas storage tank equipment, with Wuhan Yidatong Technology ranked first at a bid of 3,868,400 yuan.
technotrans won a mid single-digit million euro framework order to supply temperature control units for foam casting in battery production to several locations worldwide, with deliveries through end of 2025.
Atlas Copco Group completed its acquisition of the equity of Anhui NOY Technology Co., Ltd. on September 3, 2024, after agreeing to the deal in July 2024. NOY will become part of Atlas Copco's Scientific Vacuum Division.
M+S Hydraulik will invest 45 million leva over three years in a second plant in Kazanlak, Bulgaria, expanding hydraulic motor capacity by 30% with a high degree of automation. The company says the investment prepares it for recovery in demand.
HD Hyundai Heavy Industries selected TMC Compressors to supply a complete marine compressed air system, including control and service air compressors, for each of 17 LNG vessels being built for a national energy company. TMC will manufacture the equipment at a European site. The contract value was not disclosed.
Kazankompressormash is building a 9,000 sq m complex at the former Zelenodolsk machine-building plant to assemble large compressors for natural gas liquefaction. The complex is 80% complete and is expected to start operating in 2025.
Ebara Elliott Energy opened a 4,437 sq m turbomachinery service center in Suryacipta City of Industry, Karawang, West Java, through its joint venture PT Ebara Turbomachinery Services Indonesia. It will repair turbines, compressors and pumps for Southeast Asian energy customers.
Nikkiso Clean Energy & Industrial Gases broke ground on an expansion of its Wurzen, Saxony facility on August 29, 2024, nearly doubling its European manufacturing capacity. The site will make cryogenic pumps, heat exchangers and hydrogen fueling skids.
EXAIR has acquired BETE, a spray nozzle and spraying systems manufacturer, under a definitive merger agreement announced August 27, 2024. No financial terms were given.
Northern Corrugated Cases has completed installation of a GTS Boxstar Heavy Duty 3000HD boxmaker at its Middlewich factory, allowing triplewall stock to be produced locally instead of shipped from Halifax.