Dangote Cement announced a $400 million investment to revive a second production line at its Mugher cement plant in Ethiopia, aiming to increase annual capacity to 5.5 million tons.
Bigbloc Building Elements Pvt Ltd, a wholly-owned subsidiary of Bigbloc Construction, completed Phase 2 expansion at its Wada facility, doubling manufacturing capacity from 250,000 to 500,000 cubic meters per annum.
PPG's subsidiary Pompeii Coatings (Kunshan) Co., Ltd. won a tender to supply marine coatings to Zhejiang Energy Group's shipping companies (Ningbo Shipping and Fuxing Shipping) for an annual procurement, with a bid amount of CNY 3.7421 million.
Jiunuo New Material Technology Co., Ltd. (Jiunuo Engineering Paint) reached a strategic cooperation agreement with China Railway 14th Bureau Group to supply exterior wall coatings and application services.
Amkor Technology Vietnam plans to expand its factory in Bac Ninh, increasing annual production capacity from 1.2 billion to 3.6 billion products, with expansion starting September 2025 and stable production from October 2025.
VA SYD awarded Algol Chemicals AB a framework agreement for defoamers (water treatment chemicals) valued at SEK 5,400,000. The contract was awarded on 14 February 2025 and runs until 28 February 2033.
Guohua (00370) and CloudMinds Robotics Co., Ltd. signed a framework agreement on February 14, 2025, to establish a joint venture in Hong Kong to collaborate on humanoid robot brain technology and products, with Guohua holding 51% and CloudMinds 49%.
Bigbloc Construction Limited secured a INR 45 million work order from Tata Projects Ltd. to supply and install AAC panels at Micron India's semiconductor factory in Sanand, Gujarat.
Nidec Corporation announced an unsolicited tender offer to acquire Makino Milling Machine Co., Ltd. for approximately ¥257 billion ($1.6 billion). The tender offer is scheduled to commence on April 4, 2025, subject to customary closing conditions.
Canadian airline WestJet and Lufthansa Technik signed a multi-billion dollar contract for maintenance of LEAP-1B engines on WestJet's Boeing 737 fleet. Maintenance work is scheduled to begin in 2027.
KM QUAD, parent company of Jiujiang Lida Technology Co., Ltd., a Chinese manufacturer of automotive protective films, entered into a merger agreement with SPAC Quetta Acquisition Corporation. The business combination will result in KM QUAD becoming a wholly-owned subsidiary of Quad Global and remaining Nasdaq-listed.
Mech-I-Tronic (MIT), a mechatronics group known as Groupack, acquired 100% of French companies Ermo Holding SAS and SMP SAS, which specialize in high-precision injection molds for the pharmaceutical and beauty sectors.
Vandersanden officially opened its first Pirrouet factory in Lanklaar, Belgium, with an investment of €32.5 million. The 8,000 m² plant has an annual capacity of 20 million CO₂-negative facing bricks and employs 26 people.
Uno Minda approved the acquisition of the remaining 49.9% stake in joint venture UnoMinda EV Systems from FRIWO Geratebau GmbH for Rs 195 crore, along with IP and R&D assets for e-drive technologies.
BIO-UV Group and Pinnacle Ozone Solutions announced a strategic partnership to expand ozone water treatment capabilities across Europe, the Middle East, Africa, and Asia-Pacific, integrating Pinnacle's QUADBLOCK ozone technology.
Zhejiang Rongtai Electric Material plans to acquire 51% of Shanghai Dizhi Precision Machinery through equity transfer and capital increase, with a preliminary valuation of 0.4 billion yuan.
MACH Machine Tools won two tenders worth over £850,000 to supply Newcastle College with 16 manual machine tools and 8 vertical machining centres, delivered in July and October 2024.
Sellafield Limited awarded a £7.6 million contract to ACTEMIUM UK LTD for the design and build of a Distributed Control System for the Waste Packaging & Encapsulation Plant in North West England.
Saint-Gobain, through subsidiary NorPro, plans a $41.5 million expansion at its Walmore Road facility in Niagara County, New York, including demolition of vacant spaces and construction of 125,000 square feet of new manufacturing space for catalytic products.
Ambienta SGR acquired Mercuri Angelo Frindes, an Italian leader in design, production, installation and after-sales service of centralized refrigeration systems. Mercuri is based in Verdellino, Bergamo, and generates over 70% of revenue from natural refrigerant systems.
Ingersoll Rand (India) Limited announced that operations at its new manufacturing facility in Sanand, Gujarat, are now expected to commence by August 2025 instead of April 2025, due to extended monsoon rains and unforeseen operational factors.
Valmet received an order from Mercer International for the Valmet DNAe Distributed Control System as part of a modernization project at Mercer's Peace River pulp mill in Alberta, Canada. The order includes mill-wide automation infrastructure and pulp dryer automation.
Investment AB Latour, through its wholly-owned subsidiary Swegon Group AB, acquired American Geothermal, a US manufacturer of heat pumps and chillers for the concrete industry and commercial buildings. American Geothermal has 40 employees and sales of $14 million in 2024.
Exel Composites has signed a contract with FLYING WHALES to supply approximately 75 kilometers of pull-wound carbon fiber tubes for the first full structure of the LCA60T airship. Delivery is expected to start by Q3 2025.
Kobe Steel and Baowu Aluminum Technology (subsidiaries of China Baowu Steel Group) have formed a joint venture, Kobelco Baosteel Automotive Aluminum Rolled Products Co., Ltd., to manufacture and sell aluminum panels for automakers in China. The joint venture was registered on January 9, 2025, with capital of approx. 1.0 billion yuan (approx. 20.0 billion yen).
Frasle Mobility has completed its acquisition of the spare parts division of Grupo KUO for 2.2 million pesos (USD 360 million). The deal includes manufacturing operations of Moresa, TF Victor, and Fritec brands in Mexico.
Owens Corning has signed a definitive agreement to sell its glass reinforcements business to Praana Group for an enterprise value of $755 million. The business manufactures glass fiber reinforcements and has approximately 4,000 employees across 18 operations in 12 countries.
Lion Microelectronics announced plans to invest 1.23 billion yuan to build a project producing 960,000 12-inch silicon epitaxial wafers per year in Jiaxing, Zhejiang Province, China. The project will be implemented by a new subsidiary and has a construction period of 5-8 years.
Fujikura Kasei announced plans to build a new plant for industrial adhesives and electronic materials at its Sano Works site in Tochigi Prefecture, Japan. The total investment is 9.8 billion yen, with construction starting after October 2025 and production beginning from September 2027.
Farmasintez Group (via Farmasintez-Medtech) will build a plant in Kaluga, Russia, to produce medical equipment and consumables for dialysis (hemodialysis and peritoneal dialysis), including dialyzers, arteriovenous lines, monitors, and drainage bags. The investment exceeds RUB 2 billion, and the project is expected to create 367 jobs.
CG Power and Industrial Solutions Limited signed a letter of intent to acquire a 90% stake in BTW-Atlanta Transformers India Private Limited from Baoding Tianwei Baobian Electric Co., Ltd. for INR 1.6 billion (approximately USD 19.2 million).
Safran Electrical & Power and Safran Ventilation Systems signed two long-term maintenance agreements with Emirates Airline covering electrical generators, APU components, and ventilation fans and valves on its Airbus A380 fleet.
Busch Group USA, headquartered in Virginia Beach, Virginia, acquired Total Maintenance Solutions LLC, a vacuum pump and blower maker in Milan, Illinois. TMS will continue to operate as an independent division with its staff unchanged.
The Elsinore Valley Municipal Water District awarded a $1,740,955.13 contract to MISCOwater for rehabilitation of Clarifier #5 at its Regional Water Reclamation Facility.
Esco Lifesciences Group and Allwin Medical Devices have entered a strategic partnership to combine Esco's IVF instruments with Allwin's IVF consumables portfolio. Financial terms were not disclosed.
Safran Aircraft Engines and Titan Engineering and Automation Limited signed a contract for the production of LEAP engine low-pressure turbine parts in India. Production of the first parts will start in 2026.
UBE Corporation held a groundbreaking ceremony on February 13, 2025, for a dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) plant in Louisiana, USA. The plant will produce 100,000 tons of DMC and 40,000 tons of EMC per year for lithium-ion battery electrolytes.
Hoberg & Driesch GmbH & Co. KG notified the German Federal Cartel Office of its plan to acquire a substantial part of the assets of Salzgitter Mannesmann Stahlhandel GmbH, a steel tube wholesaler.
Baoshan Iron & Steel, Baowu Aluminum Technology and Kobe Steel officially inaugurated their joint venture Kobelco Baosteel Automotive Aluminum Rolled Products Co., Ltd. in Shanghai. Kobelco holds 50%, Baosteel and Baowu Aluminium jointly own the remaining 50%.
UBE C1 Chemicals America, Inc. (UCCA) has broken ground on a $500 million manufacturing facility at Cornerstone Energy Park in Waggaman, Jefferson Parish, Louisiana. The plant will produce dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) for lithium-ion batteries and semiconductors. Construction begins in 2025, with operations expected in 2027, creating 50-60 permanent jobs.
DMG MORI will invest approximately ¥10 billion to build a new factory in Nagaoka, Niigata Prefecture, Japan. The plant will serve as a manufacturing base for two wholly owned subsidiaries, Taiyo Koki and DMG MORI Precision Boring, and is expected to employ about 600 people by 2030. Construction starts in March 2025, with operations beginning in 2027.
Power Solutions Group, part of Sunbelt Solomon, has acquired Industrial Tests, Inc., a provider of electrical testing and maintenance services. Industrial Tests will be integrated into Power Solutions Group over time.
Encorp has been awarded a contract by Bahamas Power & Light (BPL) to provide distributed energy resource controls for a fleet of microgrids across multiple islands in the Bahamas.
Navis TubeTex and Fibroline inaugurated the Fibroline USA Innovation Lab at Navis TubeTex's headquarters in Lexington, N.C., to promote Fibroline's dry powder impregnation solutions in the U.S. market.
Earth Bidco, a company controlled by Macquarie European Infrastructure Fund 7 and BCI UK, agreed to acquire Renewi, a waste management company, for approximately £707 million. The acquisition will be effected by a scheme of arrangement.
The U.S. Army awarded Flash Steelworks a $90 million firm-fixed-price contract to develop low-cost, ultra-high-strength alloys. Work will be performed through February 2030.
Mining company Vale and equipment manufacturer Caterpillar signed a new five-year global framework agreement to improve productivity, foster innovation, and advance decarbonisation efforts.
Seagate Technology agreed to acquire Intevac, a supplier of thin-film processing systems, in an all-cash transaction valued at approximately $119 million including dividends. Intevac stockholders will receive $4.00 per share plus a special dividend.
Gewiss acquired a 75.04% stake in Beghelli, an emergency lighting and safety company, and will launch a mandatory tender offer for remaining shares. The deal aims to strengthen both companies in the lighting market.
North Sea Maritime has signed a contract to deliver 3 HS Marine cranes to Moen Marin NabCat 2413 Hybrid for Nærøysund Aquaservice AS. The cranes include models AKC290/20, AKC145/21.5, and AK48/18.5. The announcement was made on February 13, 2025.