ADNOC and OMV have agreed to merge Borouge and Borealis to form Borouge Group International, a new global polyolefins company valued at over $60 billion, which will also acquire Nova Chemicals for $13.4 billion.

Graham Construction merged with California-based XL Industries, adding $1.4 billion in backlog. XL Industries focuses on advanced technology, life science and healthcare projects.

Schneider Electric is expanding its Dunavecse factory in Hungary with an investment of over HUF 15 billion (approximately EUR 44 million), creating 270 new jobs. The expansion will add 18,000 square meters to the Duna Smart Power Systems intelligent factory, focusing on low-voltage distribution systems.

Kyokuto Kaihatsu Kogyo announced that its group company Nippon Trex completed construction of a new trailer production plant (Plant E) at its head office in Toyokawa City, Aichi Prefecture. The investment is approximately 53 billion yen, and production capacity is expected to increase by 40% to 3,000 units per year.

ASK Automotive Limited has entered into a joint venture agreement with Germany's T.D. Holding GMBH (TDH) to manufacture and market sunroof control cables and helix cables for passenger vehicles in India. TDH will hold 51% and ASK 49% of the new joint venture company.

SAPA acquired 100% of Megatech Industries, a European injection molding specialist for the mobility sector. The deal adds four plants in Spain and expands SAPA's One-Shot technology.

Ice Air is building a new plant in Spartanburg, South Carolina, to manufacture electric heat pump HVAC equipment, supported by a DOE grant. Jason Dowdy was named General Manager to oversee the facility setup.

ADNOC and OMV agreed to merge their Borouge and Borealis subsidiaries and acquire Nova Chemicals Corporation for $13.4 billion, forming Borouge Group International (BGI), the world's fourth-largest polyolefin company.

Adnoc and OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada's Nova Chemicals, forming a company valued at about $60 billion.

York Building Products and Chaney Enterprises announced a new partnership forming Heritage Concrete, a ready-mix concrete producer in Delaware, with Chaney contributing three facilities in Seaford, Lincoln, and Harbeson.

The Competition Commission of India approved Ambuja Cements' proposed acquisition of up to 72.8% stake in Orient Cement at an equity value of Rs 8,100 crore. The acquisition will add 16.6 MTPA capacity to Adani Cement.

ProMach, through its ID Technology brand, acquired KelCode Solutions, a provider of marking, coding, and labeling solutions based in Cincinnati, Ohio. The acquisition expands ProMach's labeling and coding capabilities in North America.

Samvardhana Motherson, through its subsidiary CIM Tools India, signed a multi-year contract to manufacture and deliver aerospace components directly to Airbus' commercial aircraft final assembly lines. Supplies will come from its Bengaluru facility.

Italian mobility supplier SAPA S.p.A. acquired Megatech Industries AG, a European developer and manufacturer of plastic interior and exterior components for the automotive industry, after Megatech's restructuring from financial distress. Megatech operates nine production facilities in six countries with around 1,800 employees.

Sanifoam Endüstri ve Tüketim Ürünleri A.Ş. began construction of a new 12,600 m² factory in Sakarya Hendek 2. Organize Sanayi Bölgesi, with a 75,000,000 TL advance payment made to contractor Gün İnşaat. Construction is expected to be completed in 240 days.

Covestro completed the mechanical completion of new production lines for polycarbonate specialty films at its Map Ta Phut site in Thailand, with an investment in the higher double-digit million euro range. The expansion creates around 40 new jobs.

Samvardhana Motherson International Ltd, through its subsidiary CIM Tools India Pvt. Ltd., was selected as a Tier 1 supplier to Airbus commercial aircraft, supplying aerospace components and assemblies directly to Airbus' final assembly lines from its Bengaluru facility.

Belgian logistics company Katoen Natie ordered four all-electric Konecranes Gottwald mobile harbor cranes for its Port of Antwerp operations, including a 10-year service agreement. The order was booked in Q1 2025 with delivery scheduled for Q1 2026.

SolidWorld Group announced the acquisition of an order worth about EUR500,000 to supply Additive Manufacturing systems to a major Defense and Aerospace company.

Sika AG has acquired Cromar Building Products, a UK supplier of roofing products based in Goole, East Yorkshire. The acquisition strengthens Sika's presence in the roofing sector in the UK.

Tatra Rotalac Limited, a wholly owned subsidiary of Coral Products plc, has been awarded the renewal of a 3-year supply contract with a major international telecommunications group. The contract is expected to generate aggregate turnover of circa £12m-£15m over the period to March 2028.

GE Vernova has completed the acquisition of Woodward's heavy-duty gas turbine combustion parts business in Greenville, South Carolina. The financial terms were not disclosed.

Evonik is expanding specialty amine production at its Nanjing plant in China, with completion expected in 2025.

Evonik is building a new specialty-grade hydrogen peroxide plant in Leshan, Sichuan province, China. The plant will complete and commence operations in November 2025, serving sectors such as solar panels, semiconductors and food packaging.

Wulguru Group completed a 170,000m² industrial site with an 8,500m² heavy fabrication workshop and 2,000m² paint and blast facility in Stuart, Queensland, Australia. Development of remaining land for rail maintenance facilities is underway.

NFLG announced a partnership with Hera Equipment LLC to provide heavy machinery and services for mining and infrastructure projects in Mongolia.

ULMA Packaging opened a new 10,000 sqm production facility for automation solutions, with an investment of €12.5 million, to expand its production capacity and range of automated packaging systems.

Fenix Outdoor International AG agreed to acquire 65% of the shares in Devold of Norway AS, a wool clothing brand for outdoor activities and protective workwear.

Porsche AG acquired V4Drive GmbH from VARTA AG on March 1, 2025, becoming the majority shareholder. V4Drive is rebranded as V4Smart. Production of high-performance cylindrical cells will expand to a new facility in Nördlingen from April 2025.

OMV and ADNOC signed an agreement to merge Borealis and Borouge into Borouge Group International, a $60+ billion polyolefin company. The new entity will also acquire Nova Chemicals for $13.4 billion. OMV will contribute EUR 1.6 billion in cash.

VIP Camilla won a RUB 11.4 billion offset contract from Moscow to produce and supply urological inserts from March 2025 to end of 2034. The company must invest at least RUB 200 million in production facilities in 2025.

Drorys Packlist S.p.A. invested in a BOBST RS 6003 gravure press and a BOBST NOVALAM 800 laminator to expand its flexible packaging capabilities.

Jiangxi Jusong Technology Co., Ltd. is investing CNY 560 million in a project to produce 20,000 tons per year of UV monomers, resins, and adhesives at its Jishui Industrial Park site. Completion is expected by 2025.

Super Products opened a new rental and service facility in Salt Lake City, Utah, its 10th rental location since 2011.

HammerHead Trenchless, a division of The Toro Company, acquired the assets of ProKASRO Services USA, a distributor of trenchless rehabilitation solutions. Terms were not disclosed.

OriginWater (碧水源) won several contracts totaling over CNY 1 billion, including a CNY 713 million EPC+O contract for the Handan North WWTP, a CNY 129 million contract for 10 rural WWTPs in Wuding County, and membrane replacement projects at Fuzhou Yangli and Tengchong WWTPs.

ADNOC and OMV agreed to merge their plastics businesses, Borealis and Borouge, into a new company called Borouge Group International, valued at $60 billion. The new entity will also acquire Nova Chemicals for $13.4 billion.

Canlon (Jiangsu Canlon Building Materials Co., Ltd.) has won a strategic procurement contract for waterproofing works from China Construction Steel Structure Corp. for 2025-2026.

Motherson, via its subsidiary CIM Tools India Pvt. Ltd., has signed a multi-year contract to manufacture and deliver aerospace components and assemblies directly to Airbus' final assembly lines from its facility in Bengaluru, India.

Leapmotor Technology and FAW Group have signed a deal to jointly develop passenger electric vehicles, with Leapmotor becoming the designated supplier of relevant components for FAW.

Nippon Paint Holdings Co., Ltd. has completed the acquisition of all equity interests of AOC, a global specialty formulator, for US$2,194 million, making it a subsidiary as of March 3, 2025.

The Borouge 4 expansion project is expected to be recontributed at cost, estimated at US$7.5 billion, with through-the-cycle EBITDA of approximately US$900 million once fully ramped up.

ADNOC and OMV have signed a binding framework agreement to combine Borouge and Borealis into Borouge Group International, which will then acquire Nova Chemicals for US$13.4 billion. The new entity will be listed on the Abu Dhabi Stock Exchange.

Italian company Fontana Gruppo is acquiring a 60% stake in Nashik-based Right Tight Fasteners (RTF) for approximately ₹1,000 crore. The deal includes RTF acquiring Fontana's Indian operations, BG Fastening, and will expand RTF's presence in India and internationally.

Danfoss Power Solutions has begun construction of its manufacturing facility on 44 acres in Talegaon, Pune, its seventh unit in India, estimated at Rs 1,000 crore, to make pumps, motors, cylinders and valves.

Atlas Copco has placed its $40 million expansion of its Voorheesville, New York compressor facility on hold, according to Albany County's development chief. The planned 63,000-square-foot addition was reportedly not approved by the parent board amid trade tensions.

Constantia Flexibles has completed the acquisition of a majority of shares in Swiss flexible packaging producer Aluflexpack AG, which employs about 1,700 people in nine countries.

GE Power India Limited won a Rs 2.73 billion contract from Greenko KA01 IREP for the electro-mechanical package of an additional 320 MW unit in the Saundatti pumped storage project in Karnataka. The work is scheduled for completion by November 2027.

Indorama Ventures agreed to acquire a 24.9% minority stake in Essel Propack from Blackstone funds for $220 million at INR 240 per share. The deal is pending customary approvals.

O.R.G. Technology's offeror Huarui Fengquan received valid acceptances for 286 million COFCO Packaging shares, about 25.68%, lifting O.R.G.'s stake to 50.11%. The offer became unconditional in all aspects.