Toray Plastics (China) Co. Ltd. is establishing a new production site for high-performance resin compounds at the premises of Toray Resins (Foshan) Co. Ltd. in Guangdong Province. The facility is scheduled to begin operations in April 2025.

Baker Hughes has been awarded an order by Tecnicas Reunidas for six gas compression trains and six propane compressors for the third expansion phase of Aramco's Jafurah gas field in Saudi Arabia. The order was booked in Q4 2024.

Hangcha Forklift Canada has landed a contract worth over $1.5 million with Woodbridge Pallet, supplying 10 high-voltage lithium battery forklifts to replace propane-powered models.

Hangcha Forklift Canada has landed a contract worth over $1.5 million with Mitchell Plastics, supplying 22 lithium-ion forklifts including narrow aisle reach trucks and electric forklifts.

Abu Dhabi National Oil Co. (Adnoc) and Austria's OMV are expected to complete the merger of their jointly owned petrochemical players Borealis and Borouge in February, creating an estimated $30 billion polyolefins industry giant.

Evonik and Oerlikon Barmag announced a cooperation to promote chemical recycling of PET waste, focusing on depolymerisation and purification processes. The partners plan to fully launch and commercialize the technology by the end of the current decade.

Evonik and Fuhua Tongda Chemicals Company have established Evonik Fuhua Materials (Sichuan) Co., Ltd., a joint venture in Leshan, Sichuan Province, to produce and market hydrogen peroxide. Evonik holds a 51% stake, with Fuhua owning 49%. Production is set to begin in the first half of 2026.

Czech manufacturer Sinop announced that its entire portfolio of beverage coolers now uses 100% natural refrigerants (propane and isobutane), producing 18,000–20,000 units per year at its new facility in Planá near České Budějovice.

Clearwater Industries, an EAI Water company, acquired Artech Water Systems, Inc., a water softening and conditioning services provider based in Madison, Connecticut.

Halliburton secured its largest service contract with Petrobras to provide integrated drilling services for development and exploration wells across several offshore fields in Brazil over a three-year period, starting in 2025.

Jacobs Engineering Group has been selected to operate and maintain the water treatment system in Jackson, Mississippi, for a ten-year period, announced on January 30, 2025.

Lujabetoni and Betoniteam are merging their ready-mix concrete operations in the Jyväskylä region, forming a joint venture named Lujabetoni Jyväskylä that covers three plants in Muurame, Jyväskylä, and Suolahti.

REDstack, a Dutch scale-up, completed an investment round led by Pure Terra Ventures, with NOM and Easter Technology, to accelerate commercialization and large-scale production of its ElectroMembrane Stack technology. The funding will support an automated production line.

LFM Capital portfolio company Excelis Packaging Automation has acquired Marks Machinery, a manufacturer of replacement parts for beverage filling equipment based in Suwanee, Georgia. Financial terms were not disclosed.

Vikram Solar has secured a significant order to supply 1 GW of its advanced Hypersol N-Type Glass-to-Glass Modules (580Wp and above) to JSW Neo Energy. The modules will be manufactured at Vikram Solar's facilities in Falta (West Bengal) and Oragadam (Chennai) and deployed in Karnataka, Gujarat and Rajasthan.

American Axle & Manufacturing has agreed to acquire Dowlais, the former automotive division of UK engineering firm GKN, for £1.16 billion in a cash-and-stock deal. Dowlais is a world leader in drive systems for the automotive industry.

Henkel Adhesive Technologies inaugurated a new extruder production line and production area at its adhesive factory in Környe, Hungary. The combined investment value of machinery, equipment and building infrastructure reached 30 million euros, expanding production technology and capacity for thermoplastic hot melt adhesives.

Aalberts N.V. has reached an agreement to acquire 100% of the shares of Paulo Products Company, a provider of industrial heat treatment and related services with annual revenue of approximately USD 105 million and 522 employees. Paulo operates five facilities in the USA and one in Mexico.

Egyptian startup Simplex secured $13 million in funding from Saudi Arabia's National Industrial Development Center to build a CNC machine factory on a 20,000-square-meter site in Riyadh. The factory is planned to start operating in the first quarter of 2026.

Hunan Zhiren Refrigeration Equipment Co., Ltd. signed an agreement to build a Zhibo refrigeration equipment production base in the Hunan Engineering Machinery Supporting Industrial Park in Miluo, China. The project covers 20 mu (approx. 1.33 hectares) with an investment of 100 million yuan (approx. USD 13.8 million) and is expected to achieve total output value of 380 million yuan within three years of operation.

Israeli company Revel has signed a 10-year framework agreement worth €120 million to supply ventilation systems and plastic assemblies to a leading European car manufacturer. Production will take place at Revel's plants in Germany and Spain, with deliveries starting in Q4 2027.

Petrotec Qatar has been awarded a contract to supply three oil-free screw instrument air compressors and two air dryers for a new LPG bottling plant project in Ras Laffan Industrial City, Qatar. The equipment will be manufactured by BLUTEK s.r.l. in Italy.

Transformers & Rectifiers (India) Ltd (TARIL) has acquired a controlling 51% stake in Posco-Poggenamp Electrical Steel Pvt Ltd (PPESPL), a CRGO laminations processor for transformers and reactors. PPESPL has a CRGO processing capacity of 24,000 tonnes per year.

Egyptian deeptech company Simplex CNC has announced plans to build a $13 million factory in Riyadh, Saudi Arabia, to manufacture CNC machines. The factory will be built on a 20,000 square metre site and is expected to begin operations in Q1 2026.

Mitsubishi Electric Corporation announced that its subsidiary Mitsubishi Electric India Pvt Ltd will acquire a stake in Indian software startup Gervigreind Data Science Pvt Ltd (Itanta Analytics) to jointly develop and sell no-code data-analysis and report-generation applications for factory automation.

Industrial Technology Systems Ltd (ITS) was awarded a multi-million pound contract by Terumo Aortic to design, build, install and validate packaging lines for a new 'Final Pack' facility in Glasgow, UK. The lines will handle over 2,400 product types and include advanced automation technologies.

Halliburton announced a contract award from Petrobras for integrated drilling services across several offshore fields in Brazil. The three-year contract includes drilling services for development and exploration wells, using technologies such as iCruise RSS and LOGIX automation platform.

Ecosan announced an investment of R$80 million to build a new facility in the Sorocaba Technology Park, Brazil, creating 400 direct and indirect jobs. The plant will include an engineering center, research and innovation center, and a water analysis laboratory, with inauguration expected in the first half of 2026.

Henkel Adhesive Technologies inaugurated a new extruder production line and production area at its adhesive plant in Környe, Hungary. The investment of EUR 30 million will produce thermoplastic hot-melt adhesives for industrial customers across Europe.

Cosmo First held a groundbreaking ceremony for an expansion of its specialty films manufacturing facility at Auric City, Bidkin, in Chhatrapati Sambhajinagar, Maharashtra. The new facility is expected to enhance operational capabilities and create employment.

European Process Plant (EPP) has become the exclusive distributor of dosing and filling technology specialist OVA Projects in the UK and Ireland. The partnership covers OVA's automated solutions for depositing, injecting, decorating, and complete turnkey lines for bakery products.

Hwaway Technology plans to establish a joint venture in Mexico through subsidiaries Jinsheng Industrial Investment and Jinsheng USA, with total investment up to $30 million. Hwaway will contribute $19.5 million for a 65% stake, and Zhejiang Wan'an Technology will contribute $10.5 million for 35%.

Sojitz Corporation signed a share purchase agreement to acquire a 70% stake in Climatech Group Holdings Pty Ltd., an HVAC design, construction, and maintenance services company based in New South Wales, Australia. The acquisition is via Sojitz's subsidiary Ellis Air Group.

French multinational Saint-Gobain acquired Provequín, a Chilean operator specializing in chemical solutions for construction and mining. The acquisition allows Saint-Gobain to enter the construction chemicals market in Chile and produce locally.

International Paper announced a new greenfield box plant in Waterloo, Iowa, near protein-segment customers and with freight access to one of its mills. Construction is expected to begin in 2025.

RIVARD is investing close to EUR 20 million to enlarge its production site in Daumeray (Maine-et-Loire), growing it from 7,000 m2 to over 10,000 m2 and moving assembly lines to dynamic production. The company says the change could double or triple its revenue.

KHS installed an ultramodern non-returnable PET bottling line for Schweppes Zimbabwe Limited at its Willowvale industrial area plant in Harare, increasing production capacity by 300% over the replaced line. The line can produce and fill up to 36,000 containers per hour.

Baker Hughes secured an order from Tecnicas Reunidas for six gas compression trains and six propane compressors, including balance of plants, for the third expansion phase of Aramco's Jafurah gas field in Saudi Arabia. The order was booked in Q4 2024.

Baker Hughes was awarded an order by Tecnicas Reunidas for six gas compression trains and six propane compressors for the third expansion phase of Aramco's Jafurah gas field in Saudi Arabia. The order was booked in Q4 2024.

Letica Corp., a Berry Global subsidiary, plans to expand its Fulton County, Kentucky plant with a $27.8 million investment adding 45,000 sq ft of warehouse space and creating 15 new jobs.

Saxlund International Holding AB received a SEK 14 million order for a 5 MW boiler under an existing framework agreement with Finspångs Tekniska Verk AB for a new heating plant. Work will proceed during 2025.

Medline will construct a new plant in Mexicali, Baja California, Mexico, as announced by Index (National Chamber of the Manufacturing and Export Industry). The project results from collaboration with authorities to retain investments.

Funds managed by Brookfield Asset Management completed the acquisition of nVent Electric's Thermal Management Business, including RAYCHEM and TRACER brands, for $1.7 billion in cash. The deal was announced on July 31, 2024 and completed by January 29, 2025.

Nuvotronics, a Cubic Corporation business, has been selected by MDA Space Ltd. to supply high-performance mmWave filters and baluns for the MDA AURORA satellite product line, supporting Telesat's Lightspeed constellation.

British Steel has opened a GBP26 million (USD32 million) forklift mast manufacturing facility at its Skinningrove site in the United Kingdom. The facility includes CNC lathes, automated bandsaws, and a warehousing system.

Advanced Drainage Systems (ADS) has broken ground on a $30 million expansion of its recycling facility in Cordele, Georgia. The expansion will increase the facility to 117,000 square feet and create up to 50 new jobs.

Strohm has been awarded a contract by Saudi Aramco to supply 33 km of thermoplastic composite pipe (TCP) flowline for the Fadhili gas plant expansion in Saudi Arabia. The pipe will be delivered in September 2025.

HEXAOM has finalized the acquisition of a 75.5% stake in Groupe HDV, a French home construction group with brands including Alpha Constructions and Ya'K construire.com. The deal strengthens HEXAOM's presence in Nouvelle Aquitaine and Loiret.

Enovis Corp. is expanding its Austin-based surgical division with a $25.5 million, 100,000-square-foot multipurpose operations center in Cedar Park, Texas. The facility will more than double current manufacturing capacity, expand distribution, and create at least 162 jobs.

Taifa, a Tanzanian civils and mining contractor, has entered into a binding letter of intent for a C$11.52 million financing commitment in Tembo, consisting of three stages of share subscriptions and warrants. The investment includes mining services contracts.