Toppan is building a new factory in the Czech Republic for retort food packaging film, investing about 14 billion yen, with production of recyclable resin film packaging planned from the end of 2024.
Fost Plus has contracted Morssinkhof Plastics Belgium, part of Morssinkhof Rymoplast, to build a plastic packaging recycling plant in Lommel, Belgium, expected to be operational in October 2024 and recycling about 40,000 tonnes per year.
Sonoco Metal Packaging EMEA is opening a new plant in Thailand to produce 85-gram drawn aluminium cans for the local market, its first investment in Asia. The announcement was made on 16 March 2023.
JWELL Group's subsidiary Bkwell Intelligent Equipment started construction of a new factory in Rayong, Thailand, covering over 100,000 m², for blow molding extrusion equipment.
DOMO Chemicals broke ground on a new factory in Haiyan county, Jiaxing, China, with a €14 million investment, to produce TECHNYL high-performance polyamide materials, with production expected to start by end of Q1 2024 and capacity of 50,000 tonnes per year.
Taizhou Ruida Machinery Co., Ltd. plans to invest 11.398 million yuan to build a smart factory in Jiaojiang District, Taizhou, Zhejiang, to produce 10 million sets of automotive parts annually. The environmental review was announced on March 15, 2023.
Cepheid announced the launch of its first manufacturing unit in India at Mahadeva Kodigehalli, Bengaluru. The 77,000 square-foot facility will manufacture Xpert tuberculosis testing cartridges for India and other countries. The facility was inaugurated on March 14, 2023.
Fives celebrated the grand opening of a new 60,000 sqft plant in Saltillo-Ramos, Arizpe, Mexico, for its Smart Automation Solutions Division, investing several million dollars. The facility doubles the size of the former location and will support increased staff.
Guangdong ONEN New-resource Equipments Co., Ltd. invested CNY 150 million to build a 50,000 sqm electric material handling equipment production base in Shuibu, Taishan City, China.
Alleima is commissioning a new hydraulic and instrumentation tubing factory at its Mehsana mill in Gujarat, India, with inauguration scheduled for 15 March 2023. The company did not disclose the investment amount.
TSMC has started construction of a second semiconductor fabrication facility in north Phoenix, Arizona, bringing total investment to approximately $40 billion for two fabs. The first fab is scheduled to begin production in 2024, the second in 2026.
Construction has started on the Golden Triangle Polymers Project in Orange, Texas, a joint venture between Chevron Phillips Chemical and QatarEnergy. The $8.5 billion facility will include a 2,080 KTA ethane cracker and two 1,000 KTA HDPE units, with operations expected to begin in 2026.
BASF has broken ground on a new production complex at its Verbund site in Zhanjiang, China, including plants for glacial acrylic acid, butyl acrylate and 2-ethylhexyl acrylate. The complex will have an annual capacity of approximately 400,000 metric tons of BA and 100,000 metric tons of 2-EHA, and is expected to start up in 2025.
Pepperl+Fuchs has inaugurated a new sustainable manufacturing facility in Vietnam, financed by a USD 15 million green loan from Deutsche Bank. The facility produces industrial sensors and has obtained LEED Gold certification.
Finolex Industries has commenced commercial operations at a new PVC fittings manufacturing facility in Pune, Maharashtra, with an annual capacity of 12,000 metric tonnes. The plant required an investment of approximately ₹100 crore, funded through internal accruals.
Canadian water treatment company Premier Tech has bought land in Amposta, Spain, to build a factory for water treatment systems. The investment is about €5 million, and the plant is expected to be completed by the end of 2024, creating up to 50 jobs.
Nantong Jiufu New Material Co., Ltd. announced on March 10, 2023 that it has started trial production of a project producing 16 kt/a epoxy resin, 8 kt/a polyester resin, 8 kt/a powder coating, and by-product 3.8 kt/a industrial salt.
ION Corp. and RiverNorth Development Partners announced a partnership to build an aerospace manufacturing facility on West Broadway Avenue in North Minneapolis, creating over 100 jobs.
Lokesh Machines has formed a new division for manufacturing defence and aerospace components, investing ₹100 crore in a greenfield facility in Medchal, Hyderabad. Commercial production is expected to start shortly.
Westlake Global Compounds has chosen Tuan Le Construction as design and build contractor for a new PVC compounds factory in Bien Hoa City, Dong Nai Province, Vietnam. The project is valued at $7 million with a total gross floor area of 3,300 m² and a contract duration of 10 months.
SK Geo Centric announced it will start construction of a waste plastic recycling complex in Ulsan within the year, with commercial production targeted for 2026. The plant will use technology from Purecycle Technologies to produce ultra-pure recycled polypropylene, with an annual capacity of about 60,000 tons.
Sandvik has decided to invest SEK 350 million in a new production unit in Malaysia for manufacturing underground loaders and trucks, with a focus on battery-electric vehicles. Equipment production is planned to begin in Q4 2023.
Curtiss-Wright's Surface Technologies Division announced the opening of a new facility in Hyderabad, India. The facility will provide surface treatments and analytical services for aerospace, power generation, industrial and off-highway vehicle markets.
Bailey International opened a new MVP (Motors, Valves, Pumps) Center in Grand Rapids, Michigan, with over 20,000 sq ft, stocking and manufacturing hydraulic motors, valves and pumps. The center follows Bailey's earlier acquisition of Hydrolico.
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.
Vaillant Group is commissioning a 100,000 square metre factory in Senica, Slovakia, to manufacture electric heat pumps from May 2023, designed for 300,000 units per year. Almost one billion euros has been invested in heat pumps since 2016.
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.
Sandoz committed approximately $400 million to construct a new biologics plant in Lendava, Slovenia, for manufacturing biosimilars. Construction is expected to start later in 2023, with the site becoming fully operational in 2026, adding around 300 jobs.
Momentive Performance Materials has broken ground on a new manufacturing facility for specialty silicones in Rayong, Thailand. The facility will expand capacity to serve Southeast Asian markets.
Chevron Phillips Chemical and QatarEnergy have begun construction of the Golden Triangle Polymers Plant, an $8.5 billion integrated cracker complex in Orange County, Texas. The facility includes an ethane cracker with 2.08 million tonnes/year ethylene capacity and two HDPE units with combined 2 million tonnes/year capacity, expected to start up in 2026.
Aquaspersions Limited, a British manufacturer of water-based additives, announced a $7.5 million investment to build a new production facility in Broussard, Louisiana. The facility will supply components for the nitrile glove industry and create 25 new direct jobs, with operations expected to begin in early 2024.
The first phase of the Hangzhou Fuxin 12-inch analog integrated circuit chip production line project is about to be delivered. The project has a total investment of 40 billion yuan, with 18 billion yuan in phase I, and a planned capacity of 50,000 wafers per month.
Palfinger will open its regional headquarters in Schaumburg, Illinois, in the second quarter of 2023, including an integrated demonstration and training centre.
Steel Dynamics' new venture Aluminum Dynamics has broken ground on a $2.5 billion aluminum flat-rolled mill in Lowndes County, Mississippi, with a capacity of 650,000 metric tons per year, expected to begin production in mid-2025.
Global auto parts manufacturer PHA will invest over $67 million in a new facility in Chatham County, Georgia, to supply door modules, tailgate latches, and hood latches to OEMs including Hyundai Motor Group Metaplant America. The project will create 402 jobs and operations are expected to begin in 2024.
Manitou is constructing a third facility in Candé, France, dedicated to welding and machining, with an investment estimated between €40 and €50 million. The plant is expected to start operations in early 2025 and create 100-150 jobs.
Modern Dental Group held the groundbreaking ceremony for its ACESO production base in Dong Nai, Vietnam. The facility, with a land area of 19,724 square meters, will produce dental prosthetic devices and is expected to reach a maximum capacity of 75,000 pieces per year.
Mauser Packaging Solutions opened a new manufacturing facility in the Haiyan Economic Development Zone near Shanghai, producing 230L and 250L plastic industrial drums, including recycled-resin models.
KHS India laid the foundation stone of a new Rs 50 crore plant adjacent to its existing Ahmedabad facility, expected to raise production capacity by 40% and create 150 direct jobs.
Polykemi Inc., the US subsidiary of Sweden-based Polykemi Group, opened a new compounding plant near Charlotte, North Carolina, with an initial capacity of 6,500 tons. The company invested €18 million in the facility.
Water Korea plans to invest 2.9 billion KRW to build a manufacturing plant on a 3,416㎡ site in the Daegu National Water Industry Cluster. Construction starts May 2023 and completes by August 2023.
AquaWorks plans to invest 4.2 billion KRW to build a manufacturing plant on a 4,473㎡ site in the Daegu National Water Industry Cluster. Construction starts March 2023 and completes by September 2023.
Jinan Boiler Group is constructing a $50 million biomass power plant at the Svilosa cellulose plant in Svishtov, Bulgaria, to convert industrial biomass waste into electricity. It is the first Chinese-built power plant in Bulgaria and the first EU biomass project for Jinan Boiler Group.
Canadian packaging maker Sterling Packaging, backed by Druid Capital, is investing $6 million in a new 60,000 sq.ft building at Monroeville Industrial Park in Alabama, creating up to 55 jobs. The announcement was made on March 5, 2023.
Precision Castparts Corp. (PCC), through its subsidiary Titanium Metals Corporation (TIMET), will develop a state-of-the-art titanium melt facility on a 2,000-acre site in Jackson County, West Virginia. The plant will employ approximately 200 people and use 100% renewable energy to manufacture titanium products for aerospace and other industries.
Keda Industrial Group announced plans to invest USD 86.8 million to build an architectural glass plant in Tanzania, with an annual capacity of 600 tons, to be completed in 12 months.
Alstom inaugurated a new 9,800 square metre production site in Valmadrera, Italy, with an investment of around €2 million, dedicated to manufacturing railway electrification equipment.
Zhejiang Chuanhua Yixun New Materials Co., Ltd. has started construction of a 680,000 tons/year silicone new materials and high-end fine chemicals project in Hangzhou, with a total investment of 5.6 billion yuan.
Keda Manufacturing announced a $86.8 million investment to build a building glass production project in Tanzania, expanding its overseas building materials portfolio.
Dugongo Cimentos announced it will construct a $192 million cement plant in Nacala-Porto, Nampula Province, Mozambique. The plant will produce 6,000 tonnes of cement per day and create 600 new jobs.