Aiguite's reactive diluent and UV resin project officially started construction in Youxian High-tech Zone, with a total investment of 1 billion yuan. The project will be built in two phases, with phase one producing 10,000 tons per year of UV acrylate monomers and resins, and phase two adding 40,000 tons per year.
Mitsubishi Heavy Industries announced plans to establish the Takasago Hydrogen Park at its Takasago Works to test hydrogen production, storage and combustion technology. The facility will adopt water electrolysis and next-generation hydrogen production methods, aiming to commercialize 30% co-firing large gas turbines and 100% hydrogen small/medium gas turbines by 2025.
NPP Poliplastik has launched a new Saratov Polymer Materials Plant (SZPM) producing engineering plastics for automotive, construction, cable and appliance industries. The company invested over 420 million rubles in the facility, which has a capacity of more than 20,000 tonnes per year.
SeAH Wind, a subsidiary of South Korea's SeAH Steel Holdings, will invest up to £300 million to build a factory on a 90-acre site in Teesworks, Teesside, to produce steel foundations for offshore wind turbines. The facility is expected to create 750 direct jobs and 1,500 supply chain jobs, and be fully operational by 2026.
Pratt & Whitney's 1.1 million square foot manufacturing plant in Asheville, North Carolina, a $650 million investment that will employ 800 workers, is on track to open in November 2022. The plant will produce jet engine fan blades (airfoils) from start to finish.
Medtronic will invest about CNY300 million ($47.2 million) to build core cardiovascular device production lines in the Lingang Special Area of Shanghai's free trade zone. Construction is expected to start in June 2022 and wrap up within five years, with annual output capacity worth about CNY300 million in the third year of operation.
The Industrial Development Agency JSC and Spanish company GRI Renewable Industries signed a Memorandum of Understanding to construct a new offshore wind tower factory in Gdańsk, Poland, with an estimated investment of over EUR 100 million and production expected to begin in 2024.
NX Filtration is building a new factory in Hengelo, Netherlands, to produce membrane modules. The factory is expected to open in early 2024 and will have an annual capacity of 80,000 membrane modules, creating around 275 jobs.
Lingong Group Jinan Heavy Machinery Co., Ltd. is building a new plant in Licheng District, Jinan, Shandong, with an investment of 1 billion yuan. The facility will produce 15,000 new energy mining trucks and 3,000 ultra-large excavators annually, with construction from Q2 2022 to Q4 2023.
Borouge held the ground-breaking ceremony for its $6.2 billion Borouge 4 polyolefin plant in Ruwais, Abu Dhabi, UAE. The plant will produce 1.4 million tonnes of polyethylene annually and is scheduled to be operational by the end of 2025.
Huafon Aluminium plans to invest 19.8 billion yuan (approx. $310 million) through its subsidiary Chongqing Huafon to build a plant in Fuling District, Chongqing, China, producing 150,000 tonnes per year of high-end aluminium sheet and foil for new energy vehicles.
Eclipse Automation Inc announced its first manufacturing facility in Asia, to be built in Batu Kawan, Pulau Pinang, Malaysia. The groundbreaking ceremony was held on 10 February 2022, with construction expected to start in Q1 2022 and commercial operations targeted for 2023.
KDT subsidiary is building a production base for high-end furniture machinery in Shunde, Foshan, China, covering 133,334 m², with construction starting in Q4 2021 and expected completion in 2023. The announcement was made on February 10, 2022.
Eastman plans to invest up to $1 billion in a material-to-material molecular recycling facility in France, using its polyester renewal technology to recycle up to 160,000 metric tonnes annually of hard-to-recycle plastic waste, expected to be operational by 2025.
Three new neo-Panamax STS cranes arrived at Port Houston's Bayport Container Terminal. The cranes were manufactured by ZPMC in Shanghai.
Aptar Pharma has begun construction of a new facility on a 3.5-acre site at the Palava Industrial and Logistics Park in Taloja, Mumbai, adding molding capabilities. Groundbreaking took place on January 21, 2022.
The economic society 'Garagum' built a plant in Bagtyyarlyk etrap of Ashgabat, Turkmenistan, with a capacity of about 2,500 tons per year of spunbond nonwoven material. The plant is currently undergoing startup and commissioning.
HyPoint opened a development and production facility in Discovery Park, Sandwich, UK, investing nearly $15 million in the new R&D and production site.
United States Steel Corporation broke ground on a $3 billion advanced steel mill in Osceola, Arkansas. The facility will feature two electric arc furnaces with 3 million tons per year of capacity and is expected to create 900 plant jobs.
Minth Group signed an agreement with Sabac City to purchase 10 hectares of land in the Northwestern Industrial Zone to open a new factory. EUR 15 million will be invested in land and construction, with a total expected investment of EUR 46 million over 10 years.
Glow SPP 2, a subsidiary of GPSC, signed an EPC contract with Jurong Engineering and Thai Jurong Engineering to build a 96 MW SPP power plant in Map Ta Phut, Rayong, Thailand. The investment is approximately 4,000 million baht (about $107 million).
An Phat Holdings held a ground-breaking ceremony for a PBAT Compostable Resin Plant in Nam Dinh Vu Industrial Park, Hai Phong, Vietnam. It is described as the first PBAT green material factory in Southeast Asia.
WEG announced construction of a new electric motor factory in Santo Tirso, Portugal, with an investment of €23.5 million, creating about 100 jobs and expected to start operating in Q1 2024.
Fastprint Circuit Tech will invest CNY6 billion (USD949 million) to build a plant in Guangzhou, China, to produce 20 million flip chip ball grid array substrates per month, with first phase operational by June 2025 and full capacity by December 2027.
GE Renewable Energy opened a factory in Chennai, India to manufacture FLEXINVERTER containerised inverter solutions and FLEXRESERVOIR integrated battery energy storage and power electronics solutions, employing 250 workers.
Fastprint Technology (Shenzhen Fastprint Circuit Tech) plans to invest about CNY6 billion to build an FCBGA packaging substrate production and R&D base in Guangzhou, with a monthly capacity of 20 million units.
Hudson Materials is buying a 13-acre site at Centre South Riverport Industrial Park in Chattanooga to build a $10 million asphalt emulsions plant, adding at least 15 jobs.
Baran Group has begun construction of a white cement factory in Bandar Khamir, Hormozgan province, with an investment of 2,000 billion Tomans and annual production capacity of 346,000 tons. The project will create 300 direct jobs.
Lotte Chemical will spend 60 billion won to build a new facility for carbon capture and utilization (CCU) in Seosan, with commercial production planned for the second half of 2023.
Lotte Chemical will spend about 233 billion won to build a new factory in Seosan to produce high-purity EC and DMC used in electrolyte solvents for lithium-ion batteries.
Austin-based craft beverage packaging maker American Canning signed a long-term lease for a 154,786-square-foot facility at Park 183 in Southeast Austin for a new plant and headquarters. The expansion is planned for 2022.
Gainwell Engineering will invest Rs 500 crore to manufacture coal mining equipment under a Caterpillar technology licence at a plant on 35 ares in Panagarh, West Bengal, creating over 250 jobs. The announcement was made on February 7, 2022.
Continental Bottling Industry (Vikos) is building a €22 million production and bottling plant in Kalpaki, Ioannina, with glass and can lines from Krones, expected to be operational by September 2022.
Insulet Corporation is investing about $200 million over five years to build a new manufacturing facility in Gelang Patah, Johor, Malaysia, to produce the Omnipod Insulin Management System. The facility is expected to be operational by mid-2024 and will create over 500 jobs.
Dugongo Cement Factory signed a memorandum of understanding to build a $600 million plant in Nacala-Porto, Nampula province, Mozambique, producing cement, glass, and electricity generation systems with capacity over 2 million tons per year.
GPV signed a contract with RITTA to build a new mechanics factory in Bangkok, Thailand. The ground-breaking ceremony is planned for later in February 2022. The new facility will expand mechanics production from 7,100m2 to 12,000m2.
Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant. The plant will start operations in 2025, create up to 3,000 jobs, and have an annual capacity of up to 50 GWh. The investment is approximately SEK 30 billion.
Toshiba will build a new 300mm wafer fabrication plant for power semiconductors in Ishikawa Prefecture, Japan, investing about 100 billion yen ($870 million) to more than double production capacity by March 2025.
Eastman opened a new India technology center in Thane, Mumbai, to provide technology support and regional service for its coatings, inks, specialty fluids, and energy businesses.
Mondi opened its first recycling laboratory at its Frantschach mill in Austria to test the recyclability of paper and paper-based packaging.
SCHROTH Safety Products held a grand opening of its new 35,000 sq. ft. Americas headquarters and manufacturing facility in Fort Lauderdale, Florida, replacing a smaller facility in Pompano Beach and employing over 60 people.
Horizontec broke ground on a new aeronautical manufacturing plant at Celaya airport in Guanajuato, Mexico, investing US$10 million to mass-produce the Halcon 2 aircraft, creating 140 jobs.
Technonicol will invest 13 billion rubles to build a glass wool insulation materials plant in Novoulyanovsk, Ulyanovsk region, with production launch planned for August 2024.
Hitachi, Ltd. and Hitachi Industrial Equipment Systems will establish Hitachi Automation, Ltd. on April 1, 2022, by reorganizing and integrating operations within group companies to reinforce the robotic SI business in Japan and ASEAN countries. The robotic SI business will be transferred from Hitachi Industrial Equipment Systems to KEC Corporation.
Planet Innovation and Lumos Diagnostics will open a new Covid-19 rapid antigen test production facility at PI's Melbourne factory, with full capacity of 50 million tests per year. The facility is expected to create 70 full-time jobs.
Atte Plast Ltd. started construction of a new factory for printing flexible packaging in the Industrial Zone Zagore in Stara Zagora, Bulgaria, with a loan of over BGN 16.3 million. The factory is expected to be fully operational by end of 2022, creating 21 new jobs.
Indonesia began construction of a $2.3 billion coal gasification plant.
Delmarva Corrugated Packaging has selected Dover, Delaware for a new $91 million corrugated box plant employing 159 people, replacing its New Jersey facility. The plant will have capacity of 75 tractor trailer loads per day when fully staffed.
McKinley Packaging, a subsidiary of Bio Pappell, is building a box manufacturing plant of over half a million square feet on East Pleasant Run in Lancaster, Texas. The more than $35 million facility will add 125 jobs and is scheduled for completion at the end of 2022.
WestRock plans a new corrugated boxing plant in Longview, Cowlitz County, double the size of its current facility, to be built by the end of 2023. The company cites growing demand from regional customers in the Pacific Northwest.