OLBRICH GmbH has acquired the remaining shares of Polytype Converting from Jagenberg AG, now owning 100% of Polytype Converting GmbH in Hamburg and Polytype Converting AG in Fribourg. The move integrates the unit fully into the OLBRICH Group.
TMC Compressors of the Seas has been awarded a contract to supply seven large Smart Air compressors for the compressed air system of Golar LNG's Gimi FLNG, which is being converted at Keppel's Singapore shipyard. The contract value was not disclosed.
BHGE-Nuovo Pignone won a contract to supply 18 compression trains and power generation equipment to Venture Global LNG for the Calcasieu Pass project in Louisiana, with total liquefaction capacity of 10 million tonnes per year.
Silverstream Technologies signed a memorandum of understanding with Hudong-Zhonghua, a CSSC subsidiary, to integrate its air lubrication system into future LNG carrier designs, cutting fuel costs and emissions by 6% to 8%.
Turkmenistan's president approved Türkmengaz signing a contract with GP Global Equipment for design and construction of a gas compressor station with 2 billion cubic meters annual capacity at the Zäkli-Derweze gas treatment facility. Construction is set to start in September 2019 and commissioning in February 2022.
Alfa Laval signed a procurement contract with Waigaoqiao Shipbuilding (SWS) to supply six key engine-room systems and equipment for China's first domestically built large luxury cruise ship, part of a CSSC project.
ANDRITZ acquired KEMPULP, a Karlstad-based specialist in chemical pulping process technologies, including its intellectual property, expertise, tools, systems and inventory. KEMPULP will be fully integrated into ANDRITZ Pulp & Paper.
IMEC redesigned the compressor system for Wyman-Gordon's forging press plant in North Grafton, Massachusetts, with a 5,000 PSI, 600 HP system that cut recharging time by 75%.
German C-parts supplier CGOODS in Borgholzhausen has invested in a KOLBUS AutoBox corrugated cardboard system to produce packaging blanks in-house on demand.
HMS Group signed a contract to engineer and procure compressors and complementary equipment worth RUB 1.7 billion for a compressor station, with delivery planned for 2020. The announcement is dated August 15, 2019.
Gaz-System signed a PLN 550m contract with US firm Solar Turbines for supply and service of 10 compressor aggregates for three Baltic Pipe gas compressor stations in Poland, with delivery within 18 to 20 months.
GAZ-SYSTEM and Solar Turbines signed a contract on 14 August 2019 for ten compressor units and a 10-year service agreement for three Polish compressor stations under the Baltic Pipe Program. The total contract value is over PLN 550 million, with delivery within 18 to 20 months.
Hitachi Industrial Equipment Systems will expand Sullair's Michigan City, USA air compressor plant with a new manufacturing building, warehouses and optimized production facilities, with an investment reported as about US$3000 million. The article also says the expansion is expected to create new jobs.
Worldwide Oilfield Machine expanded manufacturing capacity at its Canemont facility in Houston with a custom thermal welding machine and two new CNC machines. The equipment is intended to raise production rates and precision.
Myungsung TNS disclosed a single sales and supply contract worth 7.98 billion won for manufacturing and installing CP05 and CP06 line swelling equipment in South Korea. The contract was signed on August 7, 2019.
Rotary Power opened a North American service centre in Sioux Falls, South Dakota, occupying 8,500 sq. ft. The announcement is dated August 7, 2019.
Panattoni Europe finished building a roughly 13,000 sq m build-to-suit factory for Finnish hydraulic cylinder maker Hydroline in Stargard, Poland, with production set to start in August 2019.
Ingersoll Rand agreed to sell its industrial division, including Precision Flow Systems, to Gardner Denver in a transaction valued at $7.7 billion, as reported in a mid-2019 fluid handling M&A review.
KP Components announced in August 2019 a $16 million investment in a new 50,000 square foot building in Easley, South Carolina, to serve US demand. The project will create nearly 50 jobs and install several milling machines.
Vactor Manufacturing is expanding its Streator, Illinois plant by 170,000 square feet, adding up to 90 jobs and increasing production capacity, with parent Federal Signal investing up to $25 million. Construction is expected to be complete by the end of 2019.
Minetti SpA, a Rubix Group brand, has acquired Brescia-based industrial components distributor Fluidmec SpA under an agreement signed on 31 July 2019, combining know-how in pneumatics, hydraulics, automation and seals.
Proax Technologies Ltd. announced its acquisition of C&B Industrial Supplies Ltd., a supplier of compressed air equipment and industrial pneumatic components serving Atlantic Canada for 32 years. The announcement is dated July 30, 2019.
Waukesha Bearings unveiled plans to add a nearly 35,000 sq ft extension to its Antigo, Wisconsin plant, bringing the facility to nearly 100,000 sq ft. Completion is scheduled for January 2020. The announcement is dated July 23, 2019.
StrongBox announced a large contract to provide industrial and construction equipment for China's South to North Water Diversion Project, a mega project with a reported budget of about $48 billion. The announcement is dated July 23, 2019.
Arcline Investment Management signed a definitive agreement to acquire the Reciprocating Compression division of Baker Hughes, a GE company, which manufactures compression and engine systems in Houston, Texas and Salina, Kansas. The price was not disclosed.
NPK NIKA of Shakhty plans to add two production workshops in 2019 and two more in 2020 at its equipment plant, which makes compressors and components for natural gas refueling stations.
Bosch plans to sell its packaging machinery business to CVC Capital Partners, as announced on July 12, 2019. Reuters valued the unit at about 850 million euros, though financial terms were not officially disclosed.
Keppel FELS awarded TMC Compressors of the Seas a contract to deliver an energy-saving marine compressed air system for the first midwater semisubmersible rig it is building for Awilco Drilling, scheduled for delivery in March 2021. The contract value was not disclosed.
Dussur, Saudi Aramco and Hyundai Heavy Industries signed a joint venture to manufacture 2-stroke and 4-stroke marine engines, electric power plant engines and marine pumps at Ras AlKhair in Saudi Arabia's Eastern Province. The venture is expected to create over 720 jobs.
Turkish company Odesa Hydraulic plans to invest $5 million in a new plant in the Odesa region, Ukraine, making hydraulic and pneumatic equipment, pipes and metal products, and to create about 200 jobs.
From July 1, 2019, Kaeser Kompressoren SE of Coburg, Germany, sells the magnetic-bearing turbo compressors made by PillAerator GmbH in Moringen, taking over the operative business of the subsidiary of Piller Blowers & Compressors.
Print finishing equipment makers AB Graphic International and Kocher+Beck have jointly acquired Spanish labeling and packaging equipment maker Enprom Packaging. The deal was announced July 1, 2019, and no value was given.
Arbroath-based Allards International secured a £1 million supply contract to design, manufacture and deliver jacket pipe heat exchangers for a sewage processing plant in China owned by Kubota. Delivery is expected in Q4 2019.
As part of the first phase at its Sfântu Gheorghe site, Dunapack Rambox installed a Bobst flatbed die cutter with five HQ colours and a six-point Masterfold multipoint gluing machine to raise the complexity and quality of its shelf ready packaging.
Baker Hughes, a GE company, was awarded a contract by Black & Veatch to supply four compressor trains for the Gimi FLNG unit on Golar LNG's vessel, part of BP's Greater Tortue Ahmeyim project offshore Mauritania and Senegal, expected to start production in 2022.
Therser UK Ltd, a Stoke-on-Trent kiln manufacturer, won a major contract from Churchill China to manufacture and install a new 48-metre fast-fire tunnel kiln in Stoke-on-Trent.
As part of the Elite deal, Archrock will sell about 80,000 active and idle compression horsepower to Harvest Midstream for $30 million in cash.
Archrock agreed to acquire substantially all assets of Elite Compression Services, including about 430,000 horsepower of mostly large-horsepower compression units, for $410 million in cash and newly issued shares.
Elgi Gulf FZE, a wholly owned UAE subsidiary of Elgi Equipments, proposed to invest 147,000 UAE dirhams for a 49% stake in a new UAE joint venture with a local Emirati partner to sell air compressors in the region.
Cortec Group acquired Rotating Machinery Services (RMS), a provider of aftermarket repair and overhaul services for large rotating machinery, from Incline Equity Partners. RMS has about 200 employees and four operating locations.
Norwegian shipbuilder Vard awarded TMC Compressors of the Seas a contract to supply compressed air systems for two cruise ships being built for Viking Cruises. Deliveries are scheduled for 2021 and 2022. The contract value was not disclosed.
Baker Hughes, a GE company, opened its upgraded Centre of Excellence campus in Montrose, Scotland, in a GBP 31 million investment supported by a GBP 4.9 million Scottish Enterprise grant. The site handles engineering, manufacturing, testing and assembly of subsea deepwater equipment.
Special machinery maker VWH GmbH held the ground-breaking for a new production center in the Westerwald region of Germany, adding 3,000 square metres of production space by February 2020 with a new plastics technology centre.
Global Compressor LP has added 7,300 square feet to its Houston headquarters, adding a machine shop, valve repair center and sales offices, doubling its machine count onsite.
Private equity firm Allegro Funds has agreed terms to take a stake in Questas Group, an Australian provider of hydraulic, irrigation, pump and engine solutions.
Chart Industries and Flowserve have finalized a $19 billion merger of equals, combining Chart's cryogenic technologies with Flowserve's pumps, valves and seals, with about $300 million in projected annual cost synergies.
Atlas Copco acquired the operating assets of Taylor Air Center, a compressor distributor and division of Vallen Distribution, in the Lehigh Valley, Pennsylvania. The business has about 20 employees and will join Atlas Copco's Compressor Technique service division. The price was not disclosed.
Fluxys LNG is adding a fifth LNG storage tank and vapor recovery system at its Zeebrugge LNG plant in Belgium, raising storage capacity from 380,000 to 560,000 cubic meters. Commissioning was underway in 2019.
Trans-Foreland Pipeline Company applied to FERC to modify the Kenai LNG Plant in Kenai, Alaska, adding a 1000 hp electric-drive boil-off gas compressor, valves and pumps. The filing was made in June 2019.
Baker Hughes, a GE Company, inaugurated an expanded multimodal facility in Luanda, Angola, serving oil and gas customers across Angola and sub-Saharan Africa with manufacturing, services and repair.