Burckhardt Compression and BW LNG signed a ten-year long-term service agreement covering Laby-GI compressors on nine LNG carriers, including maintenance and remote diagnostics.
ELGi USA, a subsidiary of Elgi Equipments, formed G3 Compressors, LLC, a North Carolina joint venture with 50% ownership held by Chad Gooding, with a proposed total investment of $100,000 in Class A shares.
Ribble Packaging completed a £3.5 million investment project, including a warehouse extension and new machinery such as the Unifold fanfold stacker, which raises its double-wall line speed from 170 to 220 metres per minute.
Alfa Laval won an order worth about SEK 75 million to supply OLMI heat exchangers to a gas compression plant in Algeria, booked in late September 2020 with delivery scheduled for 2021. The announcement was dated 2020-10-09.
Cargotec and Konecranes have signed a combination agreement and merger plan under which Konecranes will be merged into Cargotec. The combined company would have illustrative annual sales of about EUR 7.0 billion.
Air Products won a contract from Qatargas to provide its liquefaction technology and equipment for Qatar's North Field East LNG expansion project.
GEA will discontinue production at its Bodenheim site near Mainz, Germany, by the end of 2024 as part of a consolidation of its global production network.
GEA will invest around EUR 30 million to expand its Koszalin, Poland plant into a center of competence for pump production and comprehensive machining, as part of optimising its production network.
Baker Hughes has landed a major LNG turbomachinery order from Qatar Petroleum for the North Field East project, to supply multiple main refrigerant compressors under an agreement announced on 29 September 2020.
Baker Hughes secured a major order from Qatar Petroleum to supply multiple main refrigerant compressors for the North Field East LNG expansion at Ras Laffan, comprising 12 gas turbines driving 24 centrifugal compressors across four trains. The value was not disclosed.
KGHM ZANAM S.A. is launching production of actuators for self-propelled mining machines at its Legnica plant, with underground tests scheduled for October 2020 and capacity for over 60% of actuators used in its mining machines.
Aker Solutions signed a contract with Equinor worth about NOK 2.5 billion (approximately US$264 million) to supply four subsea templates and up to 23 subsea Christmas trees for the Breidablikk field in the North Sea, with Brazil manufacturing at its São José dos Pinhais plant.
Slac signed a strategic cooperation framework agreement with Orient Group to supply and retrofit two-piece can production equipment over the next three years, worth about RMB 300 million in total. The agreement was announced on 25 September 2020.
SKF will consolidate its factories in Avon, Ohio and North Charleston, South Carolina into its Sumter, South Carolina factory, reducing staff by about 115 with restructuring costs of $4 million. The changes take about 12 to 18 months.
SKF is investing approximately $23 million to move tapered roller bearing manufacturing from China to an existing manufacturing site in Mexico. The move is part of its North American manufacturing consolidation announced September 24, 2020.
SKF is investing approximately $28 million to expand and automate manufacturing at its Sumter, South Carolina factory, which will consolidate production from Avon, Ohio and North Charleston, South Carolina. The investments take 12 to 18 months to implement.
Allegro, a joint venture of EVRAZ and Rail Service, signed a contract with ANDRITZ for an integrated railway wheel production line in the Titanium Valley special economic zone in Sverdlovsk region. The overall project investment is estimated at 16 billion rubles (about $200 million), with first equipment deliveries planned for Q1 2022.
BHS Corrugated has taken over all shares of Universal Corrugated B.V. from Minda Industrieanlagen, effective September 2020. Uwe Leopold was appointed Managing Director of the Almelo, Netherlands plant, which employs almost 40 people.
The European Commission opened an in-depth investigation into Eaton's planned $3.3 billion sale of its hydraulics business to Danfoss over concerns about competition in hydraulic components for mobile machinery.
A newly commissioned Shenyang plant of Burckhardt Compression's Chinese unit, with 86,000 m2 of production area on 153,000 m2 of land, replaces two older city-centre sites. Operations are set to begin at the end of September 2020.
Burckhardt Compression signed a memorandum of understanding to buy the remaining 40% of Chinese compressor maker Shenyang Yuanda Compressor, which it has partly owned since 2016. It plans to exercise the call option in November 2020 and finance the deal with a Swiss bond.
Air Products will provide four Main Cryogenic Heat Exchangers for Sonatrach's GL1Z LNG facility in Arzew, Algeria, replacing units installed in the late 1970s. Each exchanger has 1.3 million tonnes per year of production capacity.
Yinson contracted TMC Compressors to deliver a marine compressed air system with four large air compressors, dryers and filters for the FPSO Anna Nery, which will operate in Brazil's Campos Basin; value not disclosed.
Shanghai Zhenhua Heavy Industries (ZPMC) has placed a substantial order with TMC Compressors for a pipelay vessel. The article gives no date for the order.
Shanghai Waigaoqiao Shipbuilding has awarded TMC Compressors a contract to supply compressors for the Liza Unity FPSO. The article gives no date for the contract.
TMC Compressors has been awarded a contract by Hyundai Heavy Industries to deliver air compressors for seven LNG newbuild ships. The article gives no date for the contract.
Global FPSO provider Yinson has contracted TMC Compressors to deliver compressors for its FPSO. The article gives no date for the contract.
TMC Compressors has won a contract from Fincantieri for compressors for MSC ultra-luxury cruise ships. The article gives no date for the contract.
Daewoo Shipbuilding and Marine Engineering has contracted TMC Compressors for compressors for a BW LNG pair. The article gives no date for the contract.
TMC Compressors has been chosen to supply the marine compressed air system for several LNG carriers ordered by Maran Gas Maritime. The article gives no date for the contract.
Hydraulic component maker STAUFF has put into operation the second of several planned CNC turning centers at its Werdohl Ehrenfeld site to produce STAUFF Connect steel pipe fittings. The investment was in the mid six-figure euro range.
German machinery maker Krones won the order for four complete PET bottling lines and the related IT landscape for innocent's new Port of Rotterdam plant, each line handling up to 32,000 containers an hour.
DYPNF signed a supply contract worth 11.99 billion KRW for a Cokes Handling System Package with Egyptian state-owned Suez Oil Processing Company, announced on 4 September 2020.
Wise Road Capital, through affiliates, agreed to acquire a 100% interest in Swiss pressure and flow measurement component maker Huba Control from Siemens, subject to closing conditions.
Xebec Adsorption agreed to acquire Applied Compression Systems Ltd., a British Columbia service provider for renewable natural gas and hydrogen installations, for approximately $4.5 million. The deal is effective August 31, 2020.
FNA Compressors opened a new 36,000 sqm production plant in Haiyan, Zhejiang province, China, its fifth worldwide, employing over 600 people.
Arkhbum JSC is preparing a new corrugated board plant in Ulyanovsk for 2021, with BOBST supplying two packaging production lines worth an investment of €14.2 million.
Compass Energy Systems signed an agreement to acquire Exterran's U.S. natural gas compression assets, including its Brittmoore Road facility in Houston, with closing expected in Q4 2020.
Schulz of America, a US subsidiary of Joinville-based Schulz Compressores, opened a new facility in Acworth, near Atlanta, Georgia, after investing about US$2.5 million to expand its presence in the North American market.
Ingersoll Rand's Industrial segment completed its previously announced merger with Gardner Denver Holdings, creating a global leader in mission-critical flow creation and industrial technologies. The combined company will operate as four reportable segments.
Dana Incorporated opened a new manufacturing and assembly plant of about 16,000 sq m in Yancheng, China, its 24th in China, to produce off-highway drive and motion components. The plant can produce about 160,000 units per year.
MHI Compressor International will supply syngas and ammonia refrigerant compressor trains for Gulf Coast Ammonia's ammonia plant in Texas City, Texas, which Air Products will build and operate.
Beijing Fengdian Jinkaiwei Group signed an agreement on August 19, 2020 to set up a 300 million yuan hydrogen compressor project in the Changshu High-tech Zone, with a 25,000 sq m plant and annual sales of 500 million yuan expected at full production.
Dover Precision Components opened a new roughly 12,000 sq ft Innovation Lab in Houston, Texas, housing test rigs for fluid film bearings and reciprocating compressor components.
Miura Industry's Chinese subsidiary started operating a new plant in Suzhou making gas-fired industrial boilers, raising combined annual capacity to 5,000 units, about 2.5 times the previous level. The investment was about 2.6 billion yen.
Xingang Thermal Energy broke ground in Zhangzhou Development Zone on a 150 million yuan plant making large permanent-magnet screw air compressors, with 8,000 wan yuan projected annual sales.
Zhangzhou Manma Li Automation Machinery broke ground on a high-speed internal mixer manufacturing project in Zhangzhou Development Zone with about 160 million yuan investment, expected to start production in 2022.
Kubota will transfer part of its compact track loader production for North America to a new plant in Salina, Kansas, run by subsidiary Great Plains Manufacturing. Mass production is set to start in 2022, with an investment of about $53 million.
Rotating Machinery Services (RMS) announced the acquisition of the AC Compressor business from Baker Hughes, a GE Company, including its personnel, intellectual property, tooling and CONMEC compressor drawings and designs.
Samsung Engineering awarded Siemens Energy an order to supply 20 compressor trains for Saudi Aramco's Hawaiyah Unayzah Gas Reservoir Storage project, located about 260 km east of Riyadh. Siemens will build the trains at its Dammam facility.