BASF and chemical distributor Oqema have signed a distribution agreement covering polymer dispersions and additives for paints and coatings in selected Central and Eastern European countries, effective January 1, 2026.
STMicroelectronics has shipped more than 5 billion radio-frequency antenna chips to SpaceX for the Starlink satellite network over the past decade. The company expects shipments to double over the next two years, and will also supply inter-satellite laser links for SpaceX platforms.
TOPPAN Holdings will invest 40 billion yen in a plant in Ishikawa Prefecture (former JOLED facility) to mass-produce next-generation semiconductor packages, with test equipment installation by end of 2025 and mass production targeted for fiscal 2030. Additionally, 30 billion yen will be invested in a Niigata plant to increase production of current semiconductor materials.
Filtronic has received an Authorisation to Proceed valued at approximately £7 million from a major European defence prime for the next phase of an electronic sensor programme. The total contract is expected to be £11 million over two years, with production at Filtronic's new facility in Sedgefield.
Geiger Pump & Equipment Company, a portfolio company of Crane Group, has acquired Watermark Environmental Systems, a manufacturers' representative of water and wastewater treatment equipment serving the Mid-Atlantic region.
Eagon Holdings' subsidiary Eagon Windows & Doors signed a 119.9 billion won contract with Hyundai Engineering & Construction for window and glass construction for the Banpo Jugong Complex 1 Housing Reconstruction project.
Kumho Mitsui Chemicals received final approval for a 140 billion won debottlenecking investment to add 100,000 tons of MDI production capacity, raising total capacity to 710,000 tons by end of 2026.
Doosan Enerbility won a 130 billion-won (US$88 million) order from Samsung E&A to supply 430-MW steam turbines and generators for the Facility E Independent Water and Power Project in Qatar.
SeAH Aero & Defense Materials is constructing a new 2,300-ton aluminum materials plant in Changnyeong County, South Gyeongsang Province, scheduled to begin full operations in 2027.
SeAH Aerospace & Defense is constructing a new aluminum manufacturing facility in Changnyeong, Korea, with an annual capacity of 2,300 tons, scheduled to commence full-scale operations in 2027.
Copeland and Daikin announced the expansion of their existing joint venture into Europe to introduce advanced inverter swing rotary compressors, power electronics and controls for European residential heat pumps.
Leegeon Holdings announced a KRW 119.87 billion contract with Hyundai Engineering & Construction for the supply of windows and glass work. The contract period runs from January 2, 2026 to November 28, 2027.
ION Exchange secured contracts worth approximately ₹205 crore from Rayzon Energy (₹95 crore) and INOX Solar (₹110 crore) for ultra-pure water and wastewater treatment systems for solar manufacturing projects in Gujarat and Odisha.
SABIC announced an incremental expansion of its production capacity for specialty PPE oligomers (NORYL SA9000) used in high-performance PCB laminates for AI data centers and 5G applications. The expansion is scheduled for completion in the second half of 2026.
Quantum Computing Inc. (QCi) has signed an agreement to acquire Luminar Semiconductor, Inc., a subsidiary of Luminar Technologies, in an all-cash transaction valued at $110 million. The acquisition will bring QCi a portfolio of core photonic technologies, patents, and engineering talent.
SEMO, along with MECANUMERIC management Sébastien Nobiron, Guillaume Thenon, and Laurent Fraix, are taking over the activities of MECANUMERIC. A new structure, MECANUMERIC Industries, is being created to carry the project forward, aiming to preserve know-how and jobs in the Albi area.
Manifattura Pezzetti, an Italian textile manufacturer, opened a new 6,000-square-meter headquarters in Castellamonte, Turin, housing 45 workers. The facility includes a semi-automatic warehouse and is powered by renewable energy.
Anhui Vmax Heavy Industry Co., Ltd. announced a 80 million yuan project to expand and upgrade its forklift production line at its existing site in Jin'an District, Lu'an, Anhui. The project will add 14,368 square meters of plant space and increase annual capacity to 10,000 forklifts.
LEWCO and LogistiQ announced plans to expand their headquarters in Sandusky and Port Clinton, Ohio, with an investment of more than $24 million, creating 208 new jobs. The expansion is driven by demand for conveyors and industrial ovens.
Cornelder de Moçambique signed a $25 million contract with SANY to acquire two high-capacity Ship-to-Shore cranes for the Beira Port Container Terminal, with an additional $5 million for extra equipment.
Sika AG agreed to acquire Finja Bemix AB from the Andersson family. Finja Bemix reported revenue of CHF 60 million for 2024. The transaction is subject to regulatory approvals and is expected to close in Q1 2026.
Mitsui E&S received an order from Petro Vietnam Phuoc An Port Investment & Operation Joint Stock Company (PAP) for 11 ship-to-shore gantry cranes and 11 electric rubber-tired gantry cranes. The cranes will be delivered to Phuoc An Port in Dong Nai Province, Vietnam.
The European Commission approved €623 million in German state aid: a €495 million grant for GlobalFoundries to expand its Dresden site for 300 mm wafer production, and a €128 million grant for X-FAB to build a new open foundry in Erfurt for MEMS and chip technologies. Commercial operations for X-FAB are expected by 2029.
Chinese company Yusei Machinery will build a new plastic components factory for automobiles in Niš, Serbia, with an investment exceeding EUR 26 million. The new plant will employ 280 workers, increasing total employment from 165 to 450.
Tanggong Longqi Machinery Manufacturing Co., Ltd. is investing 2.5 billion yuan to expand its production base, adding 30,000 square meters of factory space and two fully automated production lines for lifting equipment. The expansion will increase annual capacity by 60% to 20,000 units and create 500 jobs.
Cummins Power Generation Inc. has been awarded a $500 million firm-fixed-price contract by the U.S. Army to supply 500-kilowatt skid mobile electric power generator sets and power plants, with work locations and funding to be determined per delivery order through December 2025.
Knorr-Bremse has extended its Electronic Levelling Control supply agreement with a major global truck manufacturer until 2033, covering approximately 200,000 systems per year, with an order volume in the lower triple-digit million-euro range.
Nexus Packaging has recently completed a £14m investment.
Satellite Chemical Co., Ltd. signed the Acrylate Green Upgrading and Renovation Project in Nanhu District, Jiaxing, Zhejiang, with a total investment of 7.4 billion yuan. The project will dismantle an old 40,000 t/y acrylic acid plant and build new units, increasing overall capacity to 240,000 t/y acrylic acid and 100,000 t/y refined acrylic acid.
Mbeya Cement Company Limited (MCCL), a subsidiary of Amsons Group, signed an EPC contract with Sinoma International (Nanjing) Engineering Co., Ltd. on December 12, 2025, for the development of two new clinker production lines in Mbeya and Tanga, Tanzania.
Halliburton and VoltaGrid have secured manufacturing for 400 MW of modular natural gas power systems for delivery in 2028 to support data center development in the Eastern Hemisphere.
Beyond Aero unveiled a feasibility study for a future manufacturing site to produce the BYA-1 hydrogen-electric business aircraft. The factory would produce 60 aircraft per year and create 225 production jobs.
Safran began construction on a $48 million expansion of its Safran Aero Composites plant in Querétaro, Mexico, adding 7,500 square meters and 268 jobs to produce titanium leading edges for LEAP engines.
I-PEX USA Manufacturing Inc is investing nearly $3 million to expand its injection molding plant in Auburn, Alabama.
Haier India will invest Rs 1,900 crore in 2026, including Rs 1,500 crore for a second room-air-conditioner manufacturing unit at Greater Noida and Rs 400 crore for an additional refrigerator line.
Haier India plans to invest Rs 3,500 crore over 3-4 years to expand capacity, including a new plant in southern India, aiming for $2 billion sales by 2027. The investment is expected to create 12,000 jobs.
ProAmpac announced a definitive agreement to acquire TC Transcontinental Packaging (TCP) from TC Transcontinental for approximately EUR 1.28 billion. TCP generated around EUR 1 billion in revenue in the last 12 months. The transaction is expected to close in Q1 2026.
KVP International, a pet care company, announced the acquisition of SafePath-IVD, a diagnostics manufacturer and CDMO based in Carlsbad, California, to expand its veterinary diagnostics capabilities.
Shanghai Zhenhua Heavy Industries (ZPMC) delivered the first of three portal cranes to Hanwha Ocean's shipyard in South Korea, marking ZPMC's first entry into the South Korean market for portal cranes.
Kolon Industries Inc announced plans to invest KRW 70 billion (US$48 million) to build a new integrated airbag manufacturing plant in Ho Chi Minh City, Vietnam, to supply airbag materials to Autoliv. Operations are scheduled to begin in 2028.
Solta Medical, parent company of Thermage, acquired 100% equity in its China distributor Shibo Zhenmei Technology for an undisclosed amount, making it a wholly owned subsidiary responsible for local product distribution in China.
Ximin Glass Egypt, a joint project between Elsewedy Industrial Development and Xinmin Glass Egypt (subsidiary of Anhui Xinmin Glass), began construction on a $70 million glass factory in Sokhna 360, SCZONE. The first phase, with over $30 million investment, is scheduled to commence operations in July 2026, with annual capacity of over 516 million pieces and over 3,000 jobs expected.
Exis Tech Sdn. Bhd., a semiconductor equipment manufacturer and subsidiary of CCTECH, commenced operations at its second manufacturing facility in Senawang, Negeri Sembilan, with a Phase 1 investment of RM25 million. Phase 2 expansion with over RM100 million investment is scheduled from early 2026 to late 2027, projected to create 600-800 skilled jobs.
Tata Steel and Lloyds Metals & Energy Ltd. signed an MoU to jointly explore strategic collaboration in integrated steel projects, including a potential 6 MTPA greenfield steel plant in Gadchiroli, Maharashtra, and raw material infrastructure.
Tata Steel announced it will acquire a 50.01% majority stake in Thriveni Pellets Private Limited from Thriveni Earthmovers Private Limited for up to ₹636 crore, gaining control of a 4 MTPA pellet plant in Jajpur, Odisha and a 212 km slurry pipeline.
Hartlepool-based precision engineering firm JJ Hardy & Sons has secured contracts with Eurostar and Transport for London to supply over 10,000 precision engineered rail carriage components and 100 anti-roll bars.
Iochpe-Maxion received R$36.7 million in financing from BNDES for a digital transformation project at its Cruzeiro (SP) plant, aiming to increase production capacity of side rails by 32% from 480,000 to 635,000 units per year.
KEMIFLOC a.s. has been awarded a contract by Pražské vodovody a kanalizace for the supply of ferric sulfate solution for wastewater and drinking water treatment, valued at CZK 180 million, for deliveries from January 2026 to December 2028.
MITA Water Technologies SRL has been awarded Lot 2 of the Verderio purification plant upgrade tender for the supply and installation of tertiary filtration systems, valued at €238,500.
AkzoNobel announced the completion of the sale of Akzo Nobel India Limited to the JSW Group.