Plug Power acquired Joule Processing LLC, an engineered cryogenic process equipment provider, for a total consideration of up to $160 million, including $30 million upfront. The technology is to be used in hydrogen liquefaction plants.
ILSUNG HISCO signed a contract with Honeywell UOP to supply columns and pressure vessels for the VG-PLNG project in the USA, in January 2022.
S.F.E. Group announced the acquisition of Axxair Group, a privately held maker of orbital tube and pipe cutting and welding equipment based near Valence, France. Axxair has subsidiaries in Germany, the USA, South Korea and China and about 65 employees.
Starlinger will supply its recoSTAR PET 215 iV+ food-grade PET recycling system to Başatlı Boru Profil in Kocaeli Province, Turkey, with operation planned from April 2022. The system produces up to 2,400 kg of food-safe rPET per hour.
Industrial distributor Rubix, a portfolio company of Advent International, acquired SEALL s.r.o., a Chomutov-based hydraulics and pneumatics distributor with five Czech locations and 65 employees.
Valmet will supply a grade conversion rebuild to VPK's Alizay mill in France, converting a fine paper machine to produce recycled lightweight containerboard, with start-up scheduled for the end of 2022.
Following a long-term sales collaboration agreement signed in early December 2021, contract packer Truvant will install a Syntegon TPU paper forming, filling and sealing machine at its contract packaging facility in Poland.
Howden has completed its acquisition of Compressor Products International (CPI), a Houston-based maker of aftermarket components and services for reciprocating compressors. The deal adds to Howden's aftermarket presence in North America and Europe.
Bosch Rexroth will invest $12.8 million to expand its hydraulics manufacturing campus in Fountain Inn, Greenville County, South Carolina, adding a testing facility and 60 jobs over five years, with completion expected by 2025.
Kobe Steel and Miura announced that their capital and business alliance, under which Miura acquires shares of Kobelco Compressors to form a joint venture, will take effect on January 5, 2022, under a signed MOU.
Baker Hughes won a contract from Santos to supply gas turbine, compressor and heat recovery steam generator technology for the Moomba carbon capture and storage project in South Australia, which will store 1.7 million tonnes of CO2 annually.
Valmet will supply an OCC line, three stock preparation lines and an OptiConcept M container board making line to Kıvanç Tekstil's mill in Adana, Turkey. Start-up of the new PM 1 is scheduled for Q4 2023; the order value was not disclosed.
Lone Star Funds agreed to buy industrial pump and valve maker SPX Flow Inc. for $3.8 billion including assumed debt, at $86.50 per share in cash. The deal was announced on December 13, 2021.
Sullair has acquired its long-time Salt Lake City distributor Compressor-Pump & Service, which sells and services compressors, blowers and pumps across a 83-county territory in Utah, Nevada, Oregon, Idaho and Wyoming. All 33 employees remain.
Burckhardt Compression signed a contract to equip three EVA and LDPE production lines at Jiangsu Hongjing New Material's petrochemical mega-plant in Lianyungang, China, with Booster-Primary and Hyper Compressors. The plant will have an output of 600 kilotons per year of EVA/LDPE. The contract value was not disclosed.
Aker Solutions will carry out engineering, procurement and construction for a fifth subsea compression module for Equinor's Åsgard gas field offshore Norway. The module is a copy of the fourth and is due for delivery in August 2024. The contract value was not disclosed, though reported as NOK 200-700 million.
Valmet will supply a long-term Performance Agreement and a rebuild of board machine BM 1 at Metsä Board's Husum mill in Sweden. The work aims to raise annual folding boxboard capacity by 200,000 tonnes to 600,000 tonnes, with start-up planned for fall 2023. The order value was not disclosed.
Baker Hughes was awarded a contract by Bechtel to supply six LM6000PF+ gas turbines, 14 centrifugal compressors and a gas turbine generator for Pluto LNG Train 2 in Western Australia, operated by Woodside. The train is expected to have about 5 million tpy capacity. The announcement is dated December 8, 2021.
TMC Compressors has been selected to supply a large marine compressed air system for the Mero-3 FPSO, destined for the Libra block offshore Brazil. The system will be manufactured in Europe. The contract value was not disclosed.
DIEFFENBACHER signed contracts with Kim Tin Group on December 5, 2021 to supply two MDF production lines for sites in Binh Phuoc and Dong Nai, Vietnam, with combined capacity of one million cubic meters per year. Kim Tin's total MDF investment is 350 million US dollars.
Simplex for Industrial Solutions and Software announced a new 5,000 sqm CNC machine factory in the 10th of Ramadan City Industrial Zone, Egypt, with planned investments of EGP 100 million to raise production and export to about 15 countries over three years.
ANDRITZ received an order from Klabin to supply energy-efficient key equipment and processes, including a DD-Washer, for the Puma II capacity increase project in Ortigueira, Paraná, with start-up scheduled for Q2 2023.
Plasser American will dedicate a 45,000 sq ft office building as the first phase of a $52.6 million expansion of its North American headquarters and manufacturing center in Chesapeake, Virginia, adding 98 jobs and doubling production capacity with an 82,000 sq ft plant.
Cavendish Nuclear has won a circa £20 million contract to design, manufacture, install and commission a Drum Handling Facility at Dounreay to package intermediate level waste, over a five-year timeframe.
Zhejiang Mingrui Machinery moved production from three sites into a new 50-mu plant in Ruian, Wenzhou, whose construction began in October 2020 and was completed in late 2021.
Burckhardt Compression signed a global distribution and service partnership with KB Delta, under which it distributes KB Delta's compressor valves and components worldwide. The agreement was signed in late 2021 and took effect 1 January 2022.
Red Deer, Alberta-based oilfield equipment makers Lee Specialties and Nexus Energy Technologies merged to form NXL Technologies, a wireline and coiled tubing pressure control equipment manufacturer with about 125,000 sq ft of manufacturing space.
EQ United, an Indiana-based logistics provider and RV components manufacturer, is consolidating its manufacturing into a new facility in Cassopolis, Michigan with a $6.2 million capital investment and up to 175 jobs. The Michigan Strategic Fund supports the project.
SBP Holdings has acquired Watts Steam Store and subsidiaries, which operates three locations in Twin Falls and Idaho Falls, Idaho and Ogden, Utah. The business will join SBP's Dakota Fluid Power platform, announced December 1, 2021.
German compressor maker Bitzer is establishing a joint venture in Zhenjiang, Jiangsu, to manufacture small-capacity rotary compressors in a 90,000 m2 plant under construction, with production planned for the first half of 2022.
GEA is supplying Olin with a thermal vapor recompressor based on its nozzle needle-controlled steam jet compressor for a distillation plant at Olin's Stade site. The system can reduce specific steam consumption by up to 10 percent.
Bobst completed on 11 November 2021 its acquisition of the assets of Officine Meccaniche Giovanni Cerutti, Cerutti Packaging Equipment and 24/7 Cerutti Service. The assets are being integrated into Bobst Italia in San Giorgio Monferrato, where thirty ex-Cerutti employees will join.
Atlas Copco acquired Steri srl, a private compressed air equipment and services distributor based in Rivoli near Turin with 19 employees. The deal strengthens Atlas Copco's presence in the Piedmont and Aosta Valley industrial market. The acquisition was reported on November 9, 2021.
KCM Capital Partners' Industrial Service Group completed its acquisition of Industrial Air Power, LLC, a compressed air equipment and parts distributor headquartered in Muskego, Wisconsin. Terms were not disclosed. The announcement was made on November 8, 2021.
Schumacher Packaging commissioned Voith to rebuild paper machine 2 at its Myszków, Poland containerboard mill, doubling capacity from 500 to 1,000 tons per day, with startup scheduled for mid-2023.
Valmet and CMPC finalized an agreement under which Valmet will supply key technology and automation for the BioCMPC project at the Guaíba pulp mill in Brazil. The line 2 capacity will rise from 1.5 to 1.85 million ADt/y, with start-up expected in Q4 2023. The order value was not disclosed.
Valmet Oyj and Neles Corporation now target completion of their merger on or before April 1, 2022, instead of January 1, 2022, because regulatory reviews are taking longer. The merger was first announced on July 2, 2021.
Xebec Adsorption closed the acquisition of all outstanding shares of Colorado-based UECompression for a total consideration of $8 million, subject to holdbacks and adjustments. The deal adds a 100,000 sq. ft. US plant to expand biogas and hydrogen system production.
Fluitron, an industrial gas compression manufacturer, acquired Bethlehem Hydrogen, a maker of integrated hydrogen compression, dispensing and storage systems based in Northampton, PA, with Ara Partners sponsoring the deal; terms were not disclosed.
Lontra is opening a £17 million smart factory in Doncaster to make energy-saving compressors, with South Yorkshire Mayoral Combined Authority providing grant and loan support of over £7 million and over 300 new jobs expected.
Schumacher Packaging has commissioned Voith to rebuild paper machine PM 2 at its Myszków site in Poland, doubling light-weight containerboard output from 500 to 1000 tons per day, with restart scheduled for mid-2023.
Compressor Controls Corporation was awarded a contract by Aker Solutions to supply seabed compressor control technology and engineering support for the Chevron-operated Jansz-Io Compression project in the Indian Ocean.
Schumacher Packaging commissioned Voith to rebuild its PM 2 line at the Myszków site in Poland, doubling light-weight containerboard output from 500 to 1000 tons per day, with restart scheduled for mid-2023.
UK-listed Sprintex has signed a three-year strategic procurement and cooperation agreement with Chinese firm Nanjing RGE Membrane Tech to design and supply high-speed centrifugal air compressor systems for China's water treatment industry, with a minimum of 400 units.
Valmet Oyj will supply a repeat order of an OptiConcept M board production line to Pratt Paper LLC, a subsidiary of Pratt Industries, for its new Henderson, Kentucky mill. The contract value was not disclosed.
The Northamptonshire Police, Fire and Crime Commissioner approved a contract for seven compressors for the county fire service, awarded to Bauer after a request for quotation. The contract is worth £133,525.23 and was decided on 14 October 2021.
Harmonic Drive Systems will invest about JPY6.5bn (USD70 million) at its Ariake plant in Nagano Prefecture to raise strain wave gear output from 150,000 to 220,000 units per month by August 2022.
EnPro Industries, through subsidiaries including Compressor Products Holdings Limited and Garlock GmbH, entered an agreement to sell Compressor Products International to Howden. The filing reports the agreement dated October 12, 2021.
WestStar subsidiary Alltype Engineering has won a $25 million contract from APA Group to deliver a new gas compressor station on the Goldfields Gas Pipeline in the Pilbara, Western Australia.
Endress+Hauser dedicated its expanded Maulburg, Germany site, a roughly 46 million euro project adding a production and office building and parking garage, used for level and pressure measurement technology.