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.
Leclerc Drive in Seclin, France, tripled its storage area to 5,000m² and automated its logistics section, including new refrigeration facilities for fresh and frozen goods. The EUR 7 million project was completed by March 2023.
Eastern Province Cement Co awarded a contract to Gebr Pfeiffer for two MVR 5000 R-4 vertical roller mills for its new 10,000tpd line at the Khursaniyah plant in Saudi Arabia. Commissioning is expected in the second half of 2025.
Orezone Gold Corporation is expanding its Bomboré Gold Mine in Burkina Faso with a hard rock processing plant, scheduled to start operations in Q4 2025, increasing gold production by 50% to over 170,000 ounces per year.
AGÔN Electronics created a new business unit, AGÔN Railway, dedicated to embedded electronic systems for the railway sector, leveraging expertise from LEROY Automation and MIOS Elettronica.
AGÔN Electronics, backed by Argos Fund, acquired TESTELEC Ingénierie, a company specializing in test benches and custom testing solutions for electronic and industrial applications.
AGÔN Electronics, backed by Argos Fund, acquired SC3 Automation, a Canadian company specializing in functional safety solutions for rail and other industries.
Pilbara Ports in Western Australia ordered two ESP.9 Konecranes Gottwald Mobile Harbor Cranes for the Port of Port Hedland's Lumsden Point development. The cranes were booked in Q4 2024 and are scheduled for delivery in 2026.
Leigh Fibers has idled a nonwovens line in Wellford, SC as part of a restructuring plan following its acquisition of ReVive Fiber. Most operations will consolidate into ReVive's Spartanburg facility.
ABB announced the acquisition of Sensorfact, a Utrecht-based energy management company, to expand its digital energy management offering. The deal is expected to close in Q1 2025. Financial terms were not disclosed.
Saudi Cement Company (Asment Al-Jouf) signed a contract with a construction company to export all types of cement and clinker to Syria for one year starting February 1, 2025, valued at 38 million SAR.
N3 Engine Overhaul Services is expanding its factory building and logistics center in Arnstadt, Germany, with first sections operational by end of 2025. The team will grow by 200 specialists.
SNT Motive will supply about 1.28 million hairpin driving modules for electric vehicles to Hyundai Transys over 10 years from 2027 to 2036.
Kyokuto Kaihatsu Kogyo acquired 100% of STG Global Holdings Pty Ltd, an Australian manufacturer of modular truck bodies and parts, from RRA Pty Ltd and Oceania Capital Partners. The acquisition is part of Kyokuto's plan to invest 10 billion yen in international growth.
American Pacific Group made an investment in ServerLIFT, a manufacturer of material handling equipment for data centers, in partnership with the Zuckerman family. The investment aims to accelerate growth and expand product offerings.
SNT Motiv was selected as the supplier of hairpin drive modules for Hyundai Transys' electric vehicles, with a contract to supply 1.28 million units over 10 years from 2027 to 2036. The modules consist of a motor and inverter.
Vitro Architectural Glass initiated an investment plan to expand its Wichita Falls, Texas location to produce up to 25 million patterned solar glass lites annually, enabled by a $67.6 million IRS tax credit allocation. The expansion will add a new furnace, roll-forming chamber, and production line, creating about 290 new jobs.