Dhabriya Polywood has been awarded a work order worth Rs 14.09 crore (including GST) by DLF Group for the supply and installation of uPVC and aluminium windows and doors. The contract will be executed over 12 to 24 months.
Woori Industry has signed an exclusive supply contract with Tesla for HVAC actuators for the new Model Y Juniper electric vehicle. The deal is expected to significantly increase supply volume and revenue.
Jinguan Electric (688517.SH) has been awarded a bid for 10kV AC surge arrestor products in the second batch of 2024 distribution equipment framework bidding by China Southern Power Grid, with an estimated winning amount of 22.2521 million yuan.
MP Materials has commenced commercial production of neodymium-praseodymium metal and trial production of automotive-grade sintered NdFeB magnets at its Independence facility in Fort Worth, Texas. The facility is expected to produce approximately 1,000 metric tons of finished NdFeB magnets per year, with a gradual ramp beginning in late 2025.
Firan Technology Group (FTG) was selected by De Havilland Aircraft of Canada to supply updated cockpit control assemblies for the new DHC-515 aerial firefighting aircraft. Deliveries will begin in 2025, with work performed at FTG's Toronto facility.
Aptiv PLC announced its board approved a plan to separate its Electrical Distribution Systems (EDS) business into an independent company via a tax-free spin-off to shareholders. The separation is expected to create two focused companies.
AKM Meadville announced a strategic investment in Xiamen Compass Semiconductor Co., Ltd (XMRC), which specializes in COF substrates and modules. The investment aims to optimize industrial layout and enhance technical capabilities.
KHS installed and commissioned a new non-returnable PET line at Schweppes Zimbabwe Limited in Harare, increasing production capacity by 300%. The line can fill up to 36,000 containers per hour.
Jinbei Auto's subsidiary Jinbei Yanfeng Automotive Interior Systems received a contract from a major OEM to develop and produce interior products for two programs, with a total lifecycle value of 6.27 billion yuan. Production is expected to start in April and May 2027.
Panattoni and Valmet Automotive have laid the cornerstone for an 8,800 square meter build-to-suit expansion of the Valmet Automotive factory in Żary, Poland, which will create 350 new jobs.
Huaren Fengquan Development has received acceptances for 98.14% of COFCO Packaging shares and will exercise its rights under the Companies Ordinance to compulsorily acquire the remaining shares and privatize the company.
Regio Plus acquired a 90% majority stake in ZH Zerspanungstechnik, a supplier for medical technology and mechanical engineering, effective January 1, 2025.
Babberger Plastic has acquired injection molding company Reichmann Kunststofftechnik, entering the medical technology sector. The acquisition was effective January 1, 2025.
Summa America appointed Bryan Timmerman as Managing Director of North America, reporting directly to CEO Stijn Henderickx. The announcement was published in January 2025.
Beverage packaging maker REV Copack is investing $3.1 million to move from its Jenkins Township site to a larger Pittston-area facility, going from two to at least four production lines. Pennsylvania is providing a $1.5 million PIDA loan and a $55,000 WEDnetPA training grant, with at least 132 new jobs committed.
Dimensio Groep took over 100% of the shares of Qwien B.V., a disposables and sustainable packaging company operating from Wieringerwerf, effective 22 January 2025. Qwien will keep its brand and location.
The Egyptian Cabinet granted Huhtamaki Egypt a Golden License for a new 21,700 sqm molded fiber packaging factory in Sadat City, Monufia Governorate, valued at about EGP 1.5 billion including EUR 24 million foreign investment. Production will include paper fruit trays, cup carriers and egg cartons.
KHS installed and commissioned a new non-returnable PET line at Schweppes Zimbabwe Limited's Willowvale plant in Harare, raising capacity by about 300% over the replaced line. The line includes a stretch blow molder/filler rated up to 36,000 containers per hour.
Pallas awarded a contract to ClydeUnion Pumps (CELEROS) and Flowserve B.V. for the design, manufacture and delivery of pump systems for the primary cooling system of the PALLAS project in Petten, Netherlands. The total awarded value was €1,788,000 and the award was published on 22 January 2025.
ANDRITZ won a contract from Firdakraft AS, a subsidiary of Sogn og Fjordane Energi, to supply electromechanical equipment for the new Øksenelvane hydropower plant in Bremanger. The scope includes two 55 MW Pelton turbines and generators, with completion scheduled for 2028. The contract was announced on 22 January 2025 and its value was not disclosed.
Viglacera Tien Son Joint Stock Company awarded a supply contract for boxes under package number 08, with a tender value of 44,450,000,000 VND. The approval was dated 22 January 2025 and a winning contractor was named in the tender results.
Binh Son Petroleum Packaging and Trading Joint Stock Company published a direct-bidding contract for additives used in packaging production, with a tender value of 1,575,375,000 VND. The award result was published on 22 January 2025 and a winning contractor was named, though the winner is not identified in the text.
Southchip Semiconductor (688484.SH) has agreed to acquire 100% of Shengsheng Micro for up to 160 million yuan in cash. Shengsheng Micro develops RISC-V processors, POWER MCU microcontrollers, and power management chips for wearable, consumer, and industrial applications.
Shanghai TopNC Technology Co., Ltd. held a groundbreaking ceremony for its new high-end CNC equipment production, R&D and operations headquarters in Xinzhuang Industrial Zone, Shanghai. The 40-mu (2.67-hectare) facility will have 37,150 sqm of floor space and focus on five-axis machine tools for aerospace and new energy vehicles.
Compumedics has secured a 5-year contract with Philips Australia for sleep testing devices.
Florida Water Process Services (FLWPS) has acquired Advance Water Technology Corp (AWT), a chemical water treatment company with over 20 years of experience, to expand its services across Florida.
M.A.i announced market entry in Mexico, signaling its start in the North American market as part of its expansion strategy.
M.A.i officially opened a new location in Penang, Malaysia on February 13, 2025, to strengthen its presence in Southeast Asia.
Osmoflo Water Management and Aqua Membranes have entered an exclusive partnership to distribute Aqua Membranes' 3D-printed spacer technology for reverse osmosis membranes in Australia, New Zealand and the Pacific. Osmoflo also invested in Aqua Membranes' Series B funding to expand US manufacturing capacity.
NAMSA announced plans to acquire WuXi AppTec's medical device testing operations in the U.S., including facilities in Minnesota and Georgia. The acquisition expands NAMSA's portfolio of clinical research and testing solutions for medtech companies.
Novaria Group, a Fort Worth-based manufacturer of specialty components for aerospace and defense, acquired Bandy Manufacturing, a leader in tight tolerance aerospace and defense hinges and pins. Terms were not disclosed. Bandy's operations will remain in Burbank, California.
Osmoflo Water Management and Aqua Membranes announced an exclusive partnership to distribute Aqua Membranes' 3D-printed spacer technology for reverse osmosis membranes in Australia, New Zealand, and the Pacific. Osmoflo also took an investment position in Aqua Membranes' Series B fundraising.
The Exigent Group, a portfolio company of Huron Capital, has acquired Premier Mechanical Services, a commercial and industrial HVAC and mechanical services company in Lima, Ohio. Terms were not disclosed.
Taysser Group, a plastic products manufacturer, plans to invest EGP 500 million to add new production lines at one of its factories, increasing 'fibers' capacity by 200% to 4,500 tons per month.
Apollo Funds has agreed to acquire aerospace parts maker Barnes Group for $3.6 billion, offering $47.50 per share in cash. The transaction is expected to close by Q1 2025.
Bolton, through its Bolton Adhesives division, has acquired Repair Care International, a Dutch company specializing in sustainable wood repair and maintenance solutions.
Okins Electronics announced a 6.65 billion KRW contract to supply semiconductor test sockets to Samsung Electronics, with a contract period from January 20 to March 31, 2025.
Theragenics, parent company of Arrotek Medical, opened a new 4,000-square-meter facility in Coyol Free Zone, Costa Rica, for producing specialized medical needles, guidewires, and components. The $10 million investment is expected to create over 500 jobs.
Olin and Huntsman have agreed to a merger of equals, creating a diversified US chemical company with about $12.5 billion in annual sales.
Celanese has agreed to acquire most of DuPont's Mobility and Materials unit, including engineering polymer and elastomer businesses, for $11 billion. The deal expands Celanese's portfolio and geographic reach.
Navin Fluorine International has agreed to produce Honeywell's Solstice brand hydrofluoroolefins (HFOs) at its facility in Gujarat, India. Navin plans to develop new applications for the Indian market.
Shintech plans to spend $3.4 billion to expand chlor-alkali, ethylene, and vinyl chloride monomer capacity at its Plaquemine, Louisiana site. The project includes a new ethylene cracker (625,000 t/yr), VCM plant (500,000 t/yr), and chlor-alkali unit (310,000 t caustic soda, 280,000 t chlorine). Completion expected by end of 2030.
Mitsui Chemicals, Sumitomo Chemical, and Idemitsu Kosan plan to merge their polyolefin businesses by April 2026. Sumitomo will transfer its polyolefin assets to Prime Polymer and acquire a 20% stake, with Mitsui holding 52% and Idemitsu 28%.
ADNOC and OMV are combining their petrochemical holdings—Borealis, Borouge, and Nova Chemicals—to form Borouge Group International, the fourth-largest polyolefins producer globally. ADNOC will also acquire Nova Chemicals for $13.4 billion. The new firm will be formed in 2026.
Holtec Asia is expanding its manufacturing facility in Dahej, Gujarat, India, to nearly double output of air-cooled condensers. The expansion is scheduled for completion in early March 2025.
PureCycle Technologies announced the initial sale of nearly 500,000 pounds of its PureFive resin to Drake Extrusion Inc. for the production of continuous filament yarns. The resin was produced at Ironton, Ohio from 100% post-consumer recycled feedstock.
MAIRE S.p.A., through KT - Kinetics Technology and NEXTCHEM, has been awarded a USD 125 million contract by Pengerang Biorefinery Sdn. Bhd. for licensing, EPCC services for a hydrogen production unit at the Pengerang Integrated Complex in Johor, Malaysia. The unit will produce 38,000 Nm³/h of hydrogen and is expected to be operational in 2028.
SNT Motiv has been selected as a supplier of electric vehicle hairpin drive modules (motor and inverter) to Hyundai Transys. The contract runs from 2027 to 2036 for approximately 1.28 million units.
EVI Industries executed a definitive agreement to acquire Haiges Machinery, a distributor of commercial laundry products in Huntley, Illinois. The transaction is expected to close upon customary conditions and will be paid in cash.
Cherry Bank granted a EUR 5 million loan to O.R.V. Manufacturing Italia S.p.A. to build a new high-efficiency production line for non-woven fabric and polyester wadding in Padua, Italy. The loan is part of the Cherry ESG circle program with Sace Green guarantee.