GEK TERNA and Motor Oil have signed a binding agreement to merge their electricity and natural gas supply and generation activities into a new entity (UtilityCo), with equal participation. The transaction is expected to be completed by early 2026.
SK chemicals has signed an exclusive partnership agreement with Austria's Durmont to supply sustainable materials to global automotive brands. The announcement was made on July 10, 2025.
The US Army Contracting Command awarded Phillips Corporation a $34.2 million contract for mill and lathe work. The award was posted on July 10, 2025, for work in Rock Island, Illinois.
PXI Auto Components secured a four-product cooperation agreement with a top domestic new energy vehicle OEM for heat pump integrated module components. The project is expected to enter mass production by end of 2025 with an average annual demand of 300,000 sets.
Integrated Cleanroom Technologies secured a contract from the National Dairy Development Board (NDDB) to develop cleanroom and HVAC infrastructure at an animal vaccine facility operated by Indian Immunologicals in Karkapatla, Hyderabad. The contract is valued at INR 79.87 crore and scheduled for completion within eight months.
Sumitomo Electric Wiring Systems plans to invest $17 million to expand its operations in Simpson County, Kentucky, adding injection-molding machines and automated assembly equipment for electrical connectors. The project is expected to create 76 jobs.
WeylChem Wesseling GmbH entered the advanced materials market with a new business line offering cyanate ester products under the Welcure and Welset brands, and announced a long-term strategic partnership with Novoset, LLC.
Atlas Copco Holding China Co Ltd will acquire 70% equity of Shanghai Shareway Environment Technology Co Ltd, a Chinese manufacturer of abatement equipment for semiconductor and solar panel manufacturing. The joint venture is expected to close in Q3 2025.
Jash Engineering announced plans to acquire an 80% stake from WesTech LLC and an additional 10% from employees of WesTech Process Equipment India (WPEIPL), with the remaining 10% to be acquired after three years. The acquisition is expected to close by September/October 2025.
Network Rail awarded a contract for the supply of steel rail and ancillary services worth £718 million for a period of up to 8 years. The contract includes supply to Network Rail and its subsidiaries, Transport for Wales, and HS2 Ltd.
EACON Mining Technology entered a strategic collaboration with North Hauler Joint Stock Co. (NHL) to advance factory-fit and retrofit autonomy solutions for rigid dump trucks. The partnership aims to accelerate global rollout of autonomous mining trucks.
Asahi Seiren plans to invest 14 billion yen to build a new aluminum secondary alloy plant in Aichi Prefecture, doubling production capacity.
Norway's MMC First Process signed a contract with Samherji Fiskeldi to deliver a complete fish logistics system, including pumps and sorting machines, for the Eldisgardur land-based salmon farm under construction in Reykjanes. The farm is expected to be operational in the first half of 2027. The article is dated 10 July 2025.
BEWI completed the combination of its raw material business BEWI RAW with Dutch company Unipol, owned by The Rock Capital Group. The total value is up to EUR 75 million, with EUR 30 million settled on completion. The announcement is dated 10 July 2025.
The European Commission approved without conditions the acquisition of Nova Chemicals by ADNOC and OMV, part of a broader merger plan with Borealis and Borouge. The approval was reported on 10 July 2025.
Munters has broken ground on an expansion of its facility in Daleville, Virginia, adding 18,580 m² of production space to manufacture chillers for data center cooling. The project is expected to be completed in Q2 2026.
Bradken has begun construction of a new energy-efficient foundry in Chilca, Peru, with a production capacity of up to 20,000 tonnes of steel mill liners per year. The facility is expected to be fully operational by early 2026 and create approximately 200 direct and 1,200 indirect jobs.
Shikoku Chemicals Industries announced it will build a new plant in Sakaide, Kagawa Prefecture, to produce advanced semiconductor materials, including GlICAP for copper surface treatment and semiconductor process materials. Investment is estimated at 15-20 billion yen. GlICAP production building to start operations in 2027, semiconductor process materials building in 2029.
Arkema is investing US $20 million to build a dedicated Rilsan Clear transparent polyamide unit at its Singapore site, following a recent 50% capacity increase. The unit will triple global output of transparent polyamides and is slated to enter service in Q1 2026.
Franke Group officially opened a new production plant in San Luis Potosí, Mexico, with a total investment of USD 82 million. The 31,000 m² facility currently employs around 200 people and produces commercial kitchens and beverage racks.
German steel manufacturer Butting Global announced plans to build its first North American manufacturing plant in Loxley, Alabama, with a $61.7 million investment. The facility is expected to create 83-100 jobs and be completed by late 2026.
JTS, a Mission Critical Group company, opened a new 172,000-square-foot power systems manufacturing facility in Nampa, Idaho, with a $55 million investment. The facility created 140 new jobs and doubles production capacity.
Komatsu's largest hydraulic excavator, the PC9000, began work at Suncor's Fort Hill mine in Canada. The machine was developed in collaboration with SMS Equipment and Suncor.
Butting, a German stainless steel pipe manufacturer, will build its first U.S. production facility and North American headquarters in Loxley, Alabama, with a $61 million investment and up to 100 jobs.
TTM Technologies acquired the former TDK Hutchinson Technology building in Eau Claire, Wisconsin, to expand U.S. PCB manufacturing capacity.
Arkema is building a new Rilsan Clear transparent polyamide unit on its Singapore platform, investing around US$20 million, tripling global capacity.
CMAlifts is undergoing a EUR42 million expansion in Corato, Italy, adding three new factories and 15,000 m² of space, doubling capacity.
The U.S. Department of Defense has awarded CFM International a $2.85-billion contract to provide F108 (CFM56) turbofan engine supplies through October 2029, with an option for an additional five years. The engines are used primarily on USAF KC-135 tanker jets.
NewPrinces has signed a binding agreement to acquire from Heinz Italia a new company encompassing baby food production, packaging, marketing, and distribution, including the Plasmon plant in Latina and brands Plasmon, Nipiol, BiAglut, Aproten, and Dieterba. The enterprise value is €120 million, with completion expected in the second half of 2025.
SK Capital has entered exclusive negotiations to acquire LISI Group's Medical division (Lisi Medical), a MedTech CDMO producing high-precision metal components for medical devices. The transaction is expected to close in the second half of 2025, subject to regulatory approvals.
Tata AutoComp and Skoda Group have announced a joint venture to manufacture railway propulsion systems and components in India, including converters, drives, and auxiliary converters for trains, metros, and light rail. The venture involves a multi-million-euro investment.
Chase Erwin, part of Panaz Group, has acquired Swiss design house thesign, a luxury textile brand. The acquisition aims to strengthen Chase Erwin's position in the luxury textile sector and expand its international presence.
Vallourec has signed two contracts totaling over $130 million to supply carbon steel and Super-13Cr OCTG with VAM connections to PetroChina and CNOOC for oil drilling projects in Iraq. Deliveries are scheduled throughout 2025 and 2026.
Embraco, a Nidec Global Appliance company, has announced a new scroll compressor lineup from 1.2 to 35HP for residential and commercial HVAC and refrigeration applications, including models using propane (R290). The move follows Nidec's acquisition of Xecom.
INNIO Group and Gföllner Group have established a joint venture, INNIO Gfoellner Power Systems LLC (IGPS), in Trenton, New Jersey, to produce containerized modular energy solutions using Jenbacher gas engines. Production is expected to begin by end of 2025, with annual output exceeding 1 GW by 2028 and over 200 new jobs created.
Neo Performance Materials has been awarded a supply contract for permanent rare earth magnets with a European Tier 1 supplier of EV traction motors to a major OEM. The project is estimated at $50 million in cumulative revenues, with commercial delivery expected to begin in mid-2026.
Epiroc has secured an order valued at SEK 235 million ($24.6 million) from Pucobre in Chile for a fleet of Minetruck MT65 S underground mine trucks and digital solutions. The order was booked in Q2 2025.
Swedish industrial group Dacke Industri has acquired 80% of the shares in UK-based BTL-UK, a manufacturer and distributor of bearings and power transmission components. BTL-UK's management retains the remaining 20%.
B. Braun Avitum Italy announced a development plan at its Mirandola site, including hiring over 100 new professionals within two years, expanding the production area by over 1,000 m² with a new cleanroom, and introducing new lines and technologies. The plan targets over 20% revenue growth in two years.
Navis TubeTex, a global leader in finishing machinery, and Fibroline, a specialist in dry impregnation technologies, have formed a strategic partnership to reshape air and liquid filtration. The partnership aims to access new North American clients.
EP's wholly-owned subsidiary Jiangsu Zhongli Forklift Co., Ltd. plans to invest 478 million yuan to build a smart logistics equipment project in the Jiangyin-Jingjiang Industrial Park in Jiangsu, China. The project will focus on R&D and manufacturing of smart logistics equipment and unmanned intelligent equipment.
Nonwovenn opened a new state-of-the-art manufacturing suite at its MediTech division headquarters in Bridgwater, UK. The facility includes a Class Eight cleanroom and supports the company's three-year growth plan targeting 14% year-on-year growth in MediTech.
Belgian personal care ingredient supplier Azelis acquired 100% of the shareholding in Italian distributor ACEF (Azienda Chimica e Farmaceutica) for an undisclosed sum. ACEF supplies specialty raw materials for cosmetic, nutraceutical, galenic and pharma industries.
Statkraft Värme decided to supplement its new hot water boiler in Åmål with a 400 kW ORC turbine from Againity. The turbine will be delivered in July 2025 and is expected to generate approximately 930 MWh of electricity annually.
Quality Power Electrical Equipments and Yash Highvoltage have jointly signed a Binding Term Sheet to acquire 100% stake in Sukrut Electric Company, a Pune-based transformer component manufacturer, via a complete buyout from a German multinational.
Star Plastics, a compounder of engineered thermoplastics and portfolio company of Akoya Capital Partners, announced the merger of Trivalence Technologies into Star Plastics, expanding capabilities and market reach.
BASF is making targeted investments in its dispersion plants in Ludwigshafen, Germany, and Hamina, Finland, to increase production capacities and flexibility. The Hamina plant investments start in autumn 2025.
Korean semiconductor and display equipment manufacturer Viatron has announced that it has signed a 10 billion KRW supply contract for display manufacturing equipment with Xiamen Tianma.
Xiamen Luwei Optoelectronics has laid the foundation for its high-generation, high-precision photomask project, with a planned total investment of 2 billion CNY. It will establish 11 high-end photomask production lines.
The second phase project of Fujian Jingxu Semiconductor Technology Co., Ltd.—high-frequency filter chips based on gallium oxide piezoelectric thin films—is expected to start trial production in September 2025, with a total investment of 1.68 billion CNY.