Fibroline and Navis TubeTex launched the Fibroline USA Innovation Lab in Lexington, North Carolina, a new facility for dry impregnation solutions. An inauguration event is scheduled from February 11 to February 13, 2025.
thyssenkrupp Aerospace and Novelis renewed their strategic partnership through a multi-year agreement for Novelis to supply aerospace-grade aluminum from its facilities in Koblenz, Germany, and Zhenjiang, China, to thyssenkrupp Aerospace markets in Europe and Asia.
Ineos and Sinopec signed three joint venture agreements valued at approximately $7 billion, with combined annual production capacity of 7 million tons and expected annual sales of $10 billion. The deals include Ineos acquiring a 50% stake in Shanghai Secco, a 50:50 JV for ABS production, and a 50:50 JV for HDPE production in Tianjin.
Sanlian Hope announced it signed a contract with Shunlu Chemical for a polyamide 6 polymerization project valued at CNY 217 million, representing 25.82% of the company's 2021 audited operating revenue.
Flowserve was awarded a contract to supply dry gas seals and seal systems for ADNOC's carbon capture project at Habshan, which aims to capture 1.5 million tons of CO2 annually, in collaboration with Celeros Flow Technology.
Oskarshamn municipality awarded a SEK 60 million contract for water and wastewater chemicals to Brenntag Nordic, Feralco Nordic, SNF Nordic, and UnivarSolutions, with a contract period from February 1, 2025 to January 31, 2027.
Frick India Ltd. and Japan's Mayekawa have announced a strategic joint venture to provide energy-efficient industrial refrigeration and compressor solutions in India, formalized on January 13, 2025.
Qingyuan Huihe New Materials Technology Co., Ltd. held a groundbreaking ceremony for its Phase II expansion project in Qingyuan华侨工业园, Yingde, Guangdong. The CNY 420 million project will add 130,000 tonnes per year of environmentally friendly coatings and resin capacity, including 50,000 tonnes of waterborne coatings and 30,000 tonnes of solvent-based coatings.
Bayer confirmed the start of expansion of its production plant in Lerma, State of Mexico, with an investment of 1.1 billion Mexican pesos (announced in August 2024). The expansion will strengthen production capacity for Latin American and North American markets, create 350 temporary construction jobs and 100 additional direct jobs by 2030.
A joint venture of Seymour Whyte and VINCI Construction Grands Projets was awarded a 10-year Program Delivery Agreement by Icon Water to upgrade Canberra's Lower Molonglo Water Quality Control Centre. The initial project will construct a new membrane bioreactor with capacity of 97 ML/day.
Intek Plastics, a leader in engineered thermoplastic extrusions, acquired Five Star Plastics, an injection molding and prototyping company based in Eau Claire, Wisconsin. Five Star will operate as a separate division of Intek Plastics Group.
Dürr has been selected by BYD Auto to supply and install over 120 painting and handling robots for BYD's first European passenger car plant in Szeged, Hungary. The robots will be used for painting electric vehicles.
Amkor Technology Portugal is investing €150 million to build a new semiconductor assembly and test facility in Vila do Conde, Portugal. The project will create 350 new jobs, doubling the building area and increasing total workforce to 1,200. Completion is expected by May 2025.
The Verhoeven Group, a Dutch family-owned company, has acquired Hans Helmling Baumaschinen GmbH & Co. KG, a construction machinery dealer in Fürth, Germany, effective January 1, 2025. The company will continue operating under its own name and brand.
Kingdom Holdings signed an agreement with Elsewedy Industrial Development to build a 50,000 sqm flax spinning and weaving plant in Industria Sadat, Egypt. The $60 million investment is expected to start production in 2026, with an annual capacity of 5,000 tons of flax yarn and sales of $300 million.
The European Commission approved Synopsys' $35 billion acquisition of Ansys, subject to Synopsys divesting its optics and photonics software (Code V, LightTools, LucidShape, RSoft, ImSym) and Ansys divesting its PowerArtist software to Keysight Technologies.
Tex-Tech Industries completed the acquisition of Fiber Materials, Inc. from Spirit AeroSystems. FMI, based in Biddeford, Maine, and Woonsocket, Rhode Island, is a leader in high-temperature materials and reinforced composites, employing approximately 400 people.
Silvis Materials entered into a collaborative research agreement with Oak Ridge National Laboratory to develop and commercialize formaldehyde-free, bio-based adhesives for the building materials industry. The partnership is supported by a DOE-sponsored research agreement.
CPI Aerostructures received a binding notification from Raytheon Technologies to manufacture pod structures and air management system components for the Lot 4 production phase of the Next Generation Jammer Mid-Band program. The contract is valued at up to $33.4 million, covering 34 pods with deliveries starting in the second half of 2025.
Schneider Electric has been awarded a contract to automate the Bhandup water treatment plant in Mumbai, which processes 2,000 MLD of water. The project will deploy Schneider Electric's EcoStruxure solutions and is part of India's largest single water treatment complex with a total capacity of 4,500 MLD.
Morelli, a manufacturer of food service equipment, is constructing an 8,000-square-meter plant in the Ciudad Industria park in Funes, Argentina. The first phase of 5,000 m² will finish in 2025, with a second phase of 3,000 m² planned for 2026.
Bishop-Wisecarver, a provider of linear and rotary motion solutions, acquired Symation, a leader in motion control system integration. The acquisition creates a new division, Wisecarver Automation, to offer comprehensive automation system design and integration.
Indichip Semiconductors and its venture partner Yitoa Micro Technology signed an MoU with the Andhra Pradesh government to build a silicon carbide semiconductor manufacturing facility at Orvakal mega industrial hub in Kurnool. The investment is INR 14,000 crore, with initial capacity of 10,000 wafers per month, scaling to 50,000 wafers per month over two to three years.
Ser Mekatronik will move to a new facility in Tekirdağ-Çorlu in early 2025, gathering all units under one roof and aiming to increase production capacity with latest technology machines.
Van Robaeys commissioned two new Andritz teXline bast fiber refining and cottonizing lines in France, increasing production of textile fibers from flax, with capacity up to 800 kg/h each.
The Defense Logistics Agency awarded contract modifications worth $219 million combined to SupplyCore, I-Solutions Direct and TW Metals to continue delivering commercial metal products to U.S. military branches, with ordering through July 22, 2026.
Emicon A.C. Spa issued a €3 million mini-bond subscribed by UniCredit and Mediocredito Centrale to support an investment program increasing production capacity and establishing new lines at its facilities in Meldola and Piove di Sacco.
DMT Winches signed a contract to build a 5,387 sqm fourth production facility for deck equipment, with an investment of over €10 million, expected to start operations in the second half of 2025.
Kowintech signed a 320 billion won contract to supply turn-key electrode process automation systems for 46-pi cylindrical battery production lines at a major global battery maker's North American plant, with delivery by December 2026.
A unit of Gamuda, SRS Consortium (60% owned by Gamuda), won an 8.3 billion ringgit ($1.8 billion) contract to design and build the 23.7-kilometer Penang LRT Mutiara Line project in Malaysia.
Isu Specialty Chemical has signed a 23 billion won ($16 million) contract with China Petroleum Materials Corporation (CPMC) to supply TDM-related catalyst frameworks. The contract runs from January 13, 2025 to December 31, 2025.
Sivers Semiconductors has signed contracts with the Northeast Microelectronics Coalition Hub for $11.6 million in Microelectronics Commons funding for 5G/6G and electronic warfare chip development, with potential renewal to $30 million over three years. Advance payment of roughly half the first-year value is expected by January 2025.
Scott Technology will deliver an AI-enabled lamb processing system to JBS Foods' Cobram facility in Australia. The multimillion-dollar deal was secured in October 2024, with the project commencing in December 2024 and expected to be operational by late 2025.
Andritz has supplied and commissioned two new teXline bast fibre refining and cottonising lines for Van Robaeys in France, increasing production of textile fibres from flax. The lines are the seventh and eighth Andritz cottonising lines for Van Robaeys.
ENGIE Solutions secured a three-year contract with DMCC to deliver comprehensive facilities management services for the Uptown Tower in Dubai, including management of mechanical, electrical, plumbing, and HVAC systems.
bioMérieux agreed to acquire 100% of SpinChip Diagnostics for a total enterprise value of NOK 1,624 million (EUR 138 million), strengthening its position in the Point of Care diagnostics market.
SMW-Autoblok started construction of its new 'SMW Factory Airport' in Meckenbeuren, Germany, investing €25 million. The facility will produce automation and clamping technology solutions and is scheduled to start operations in the second half of 2026.
GF Piping Systems and Gradiant formed a strategic partnership to address demands of the microelectronics and water industry, focusing on sustainable water treatment.
PQ completed the acquisition of the specialty silicate business of the Sibelco Group, operated at the Lödöse plant in Sweden.
Interarch Building Products secured two orders totaling Rs 221 crore: one from TATA Semiconductor Assembly & Testing for a semiconductor facility in Jagiroad, Assam, and another from Agratas Energy Storage Solutions for a lithium-ion battery unit in Sanand, Gujarat. Tata Projects is the EPC contractor for both.
Shanghai Electric Power Station Group won the order for the main equipment of the Waigaoqiao power plant expansion replacement 2×1000 MW coal-fired project, with the first unit scheduled for commissioning in June 2027 and the second in August 2027.
China Energy Engineering's subsidiary Northwest Electric Power Design Institute won the EPC contract for the Yulin Hengshan Phase II 2×1000MW coal-fired power plant project, valued at approximately RMB 6.255 billion, with a total construction period of about 900 days.
Nordic Climate Group, backed by Altor Equity Partners, acquired Kølegruppen, which includes Kølegruppen A/S, Kølegruppen Øst A/S, and Bundgaard Køleteknik A/S, adding 54 employees and three locations in Denmark.
Sika announced construction of a new factory in Brześć Kujawski, Poland, with 11,000 m² of facilities including production hall, warehouse, training center, and R&D center. Production is planned to start in Q4 2026.
Bruks Siwertell has won an order to deliver a fully enclosed traveling and shuttling Bruks ship loader to the Port of Long Beach, California. The loader will handle dry bulk materials at capacities up to 5,000 t/h.
Transition Industries LLC signed an MOU with Veolia Water Technologies & Solutions to develop a water strategy for the Pacifico Mexinol methanol project in Sinaloa, Mexico. The project, starting operations in 2028, will produce 6,145 metric tons of methanol daily.
Cicor Group has been nominated by a leading European aerospace & defence integrator as a key supplier for advanced electronic devices in fast-jet aircraft. Initial orders placed, with cumulative sales exceeding GBP 25 million over five years starting 2025.
Dutypoint Ltd of Gloucester, UK, joined Stuart Turner, Mikrofill and AGM on 13 January 2025 to create a scale player in residential and commercial water pump and pressurisation.
Food service packaging maker Genpak LLC announced it will invest $6.69 million to expand its Scottsburg facility, expecting to add 45 jobs by 2028.
TMC Compressors was selected to supply its energy-efficient Smart Air compressors to six new dual-fuel Maersk container vessels scheduled for delivery in 2026 and 2027.