Basell International Holdings, a subsidiary of LyondellBasell, signed an agreement to acquire a 35% stake in Alujain National Company for Industries, which is developing a petrochemical complex in Saudi Arabia with an investment cost of SAR 7.5 billion.
Mota-Engil purchased ten Liebherr A 922 Rail Litronic excavators for the construction and maintenance of the Kano-Maradi railway line between Nigeria and Niger, a project valued at approximately USD 1.8 billion.
Oriental Rail Infrastructure Limited secured a contract from North Eastern Railways, Gorakhpur, to manufacture and supply 103,969 meters of vinyl-coated upholstery fabric for Indian Railways coaches, valued at Rs. 1.58 crore.
Yutai Machine celebrated the topping-out of its new ceramic machinery factory in Chaozhou, Guangdong, China on November 5, 2024. The facility will feature modern production lines and automated equipment to increase production capacity.
Interpump plans to invest R$10 million by 2025 in new equipment and infrastructure at its Caxias do Sul and Indaiatuba plants, including CNC robotic cells and a test bench. The investment targets modernisation under Industry 4.0.
Interpump Hydraulics Brasil assumed control of Hidrover Equipamentos Hidráulicos, a Flores da Cunha maker of hydraulic cylinders serving construction and agriculture. The founding partners will continue to manage the company.
Magnum Venus Products says its new manufacturing center in Knoxville, Tennessee is fully operational after new equipment and upgraded production capacity were installed. The company is a family-owned manufacturer with over 85 years of history.
ABB signed an agreement to buy Aurora Motors, a provider of vertical pump motors sold in 30 countries, to strengthen its NEMA Motors Division. Financial terms were not disclosed and closing is expected before the end of 2024.
Aquapak Polymers, Maxim and N Brown announced a collaboration under which N Brown begins rolling out Hydropol-based garment bags for its own-label products. N Brown expects plastic use to fall by 44% once rollout is complete.
Peak Packaging UK signed a supply agreement to provide bag-in-box packaging to Britvic Soft Drinks for its Leeds filling site, starting in 2025.
DS Smith is investing more than EUR 25 million in machinery in Poland to increase its production capacity for corrugated packaging. Most of the 100 million zloty investment goes to one plant.
DS Smith extended its partnership with Zalando through a preferred supplier contract covering e-commerce and fibre-based corrugated cardboard packaging for European order and delivery hubs. The contract commences in April 2025.
Emerson announced plans to repurchase approximately $2.0 billion of its common stock in fiscal year 2025, with about $1.0 billion expected in fiscal Q1.
Emerson proposed to acquire all AspenTech shares it does not already own for $240 per share in cash, after already holding about 57%. The proposal would make AspenTech a wholly owned subsidiary.
Miracll Technology Co., Ltd. launched the world's largest HDI production facility in Yantai, Shandong, with an annual capacity of 100,000 tons. Suttons was selected as exclusive bulk logistics provider.
Black & Veatch announced a collaboration agreement with Baker Hughes at ADIPEC 2024 to utilize Baker Hughes' LM9000 gas turbine and compression technology with Black & Veatch's PRICO liquefaction technology for a standard LNG solution capable of producing up to 2 million tonnes per annum per train.
SOCOMORE signed an exclusive license and distribution agreement with 3CHEM Corporation to manufacture and distribute 3CHEM's aerospace coatings in EMEA, Asia Pacific and India.
Toray acquired Gordon Plastics to expand its production and R&D of thermoplastic composites, including unidirectional composites tape manufacturing in Colorado.
Ryerson acquired Monroe, Conn.-based Production Metals, an aluminum, stainless, and specialty steel distributor, for an undisclosed sum. The acquisition marks Ryerson's entry into the aerospace sector.
Citroniq Chemicals selected Falls City, Nebraska for a bio-based polypropylene production mega-site. The estimated $7.5 billion investment will transform ethanol into bio-based polypropylene and is expected to be operational in 2029.
Telesat signed a $39 million contract with SatixFy for Landing Station Baseband systems for the Lightspeed LEO satellite network. Deliveries will take place over 28 months.
StarFish Medical, a North American medical device development company, has acquired Omnica Corporation, a California-based medical device design and engineering firm. The acquisition includes Omnica's 25,000-square-foot facility in Irvine, CA.
Futurewave Acquisition Corporation, a SPAC, and Olympian Group Inc., a solutions provider specializing in integrated chip and electronic component solutions, have entered into a definitive merger agreement. The combined company is expected to be Nasdaq-listed.
Hexagon has completed its acquisition of Waygate Technologies, a global leader in non-destructive testing, from Baker Hughes for an enterprise value of approximately $1,450 million. Waygate Technologies will operate within Hexagon's Manufacturing Intelligence Business Area.
BWX Technologies has signed a purchase agreement to acquire L3Harris' Aerojet Ordnance Tennessee (A.O.T.) business for approximately $100 million. A.O.T. is a provider of advanced specialty materials and high-strength alloy manufacturing, including depleted uranium products.
JetZero finalized partnership agreements with Tier One suppliers, including BAE Systems, for key components of the Flight Control System on its full-scale blended wing body demonstrator. Test flights are scheduled to begin in 2027.
Synektik S.A. received a contract from the 10th Military Clinical Hospital in Bydgoszcz, Poland, for the delivery, installation, and commissioning of a da Vinci robotic surgery system, including training and service, valued at PLN 16,092,007.16 net. Delivery is to occur within 28 days of the contract date.
Volpara Health, a Lunit company, has secured a $7.3 million contract over five years with the U.S. Defense Health Agency to deploy its Patient Hub mammography reporting and risk assessment software across military health facilities.
Aero Accessories & Repair, a portfolio company of ATL Partners, has acquired Aero Instruments and Avionics, a provider of aerospace component MRO services. Terms were not disclosed.
SK Capital has completed its acquisition of the North America Composites & Fuel Containment Division of Parker Hannifin Corporation. The business has been renamed Axillon Aerospace and is a provider of engineered carbon fiber composite components and fuel containment solutions for defense and commercial aerospace markets.
BorgWarner has secured contract extensions to supply EMOD and ESOF transfer cases for new vehicle launches in 2027 and 2028 with a major North American OEM.
Airbus Helicopters has signed a landmark contract with SkyAlyne to provide the Royal Canadian Air Force with 19 Airbus H135 helicopters for pilot training under Canada's Future Aircrew Training Program. Deliveries are expected to begin in the first half of 2026.
Aktobecem will build a cement plant in the Aktobe region of Kazakhstan with a production capacity of 2Mt/yr. The company intends to invest US$143m in the facility, which will create over 500 jobs. Construction is set to begin in spring 2025, with operations commencing in 2026.
Catalyx, a machine vision and automation company, and INEL, a machine builder for pharma and medical devices, have formed a strategic partnership to deliver end-to-end packaging solutions for pharmaceutical manufacturing.
Winpak Ltd. signed a long-term agreement with NOVA Circular Solutions LLC to procure post-consumer recycled polyethylene (rPE) under the SYNDIGO brand for flexible packaging. The agreement was announced on November 4, 2024.
ZREMB-GORZÓW Corporate Group started an expansion of its plant in the Barlinek Branch, including construction of a new hall to increase production area and lifting capacity. The investment was announced on November 4, 2024.
Bina Puri Holdings Bhd secured a contract worth RM113.29 million for water pipeline construction and civil works under the Serian Regional Water Supply Phase II in Sarawak. The contract was announced on November 4, 2024.
Telesat signed a US$39 million contract with SatixFy to develop and deliver Landing Station Baseband Units for the Telesat Lightspeed Network. The agreement was announced on November 4, 2024.
Vertical Supply Group, a portfolio company of Gridiron Capital, acquired Tacklestore ltd., a UK leader in at-height safety equipment. The acquisition was announced on November 4, 2024.
Polystyvert is seeking investment for its first commercial plant in Montreal, Quebec, capable of processing 11,000 tonnes of polystyrene waste per year using its dissolution recycling technology. The company is in an active commercialization phase and has formed a consortium to manage polystyrene waste logistics.
Syntegon and Azbil Corporation have officially closed the acquisition of Telstar by Syntegon, following regulatory approval. Telstar's workforce joins Syntegon's Pharma Liquid Business Unit, combining fill-finish equipment, isolator systems, freeze-dryers, and other equipment.
Bosch Mobility Solutions and Jiangling Motors Corporation Group (JMCG) have signed an agreement to establish a joint venture focused on e-axle systems for light-duty commercial vehicles. The JV will have registered capital of CNY 500 million (USD 70 million), with Bosch owning 60% and JMCG 40%, and will be based in Nanchang, Jiangxi province.
Roberts Mart, a UK flexible packaging manufacturer, has entered a long-term agreement with Swedish firm Pronova AB to be the sole producer and distributor of Pronova's Joker chain-style bags in the UK and Ireland. Roberts Mart has installed new bag-making equipment and plans further machinery investment.
Grupo Acerero (GASA) completed installation of an electric arc furnace (EAF) for a new steel mill to produce slab and sheet steel plate, with a capacity of 650,000 metric tons per year. The company will invest $150 million in the Beskar Project. Slab production is expected to begin in April 2025.
Chemring Energetic Devices, a US subsidiary of Chemring Group, received an order valued at $106 million for the delivery of critical components for use in an undisclosed US missile programme. Deliveries will be over a five-year period commencing in 2026.
Chemring Nobel, a Norwegian subsidiary of Chemring Group, signed a twelve-year framework agreement with Diehl Defence for the supply of MCX energetic material, with an initial purchase order valued at €231 million. Deliveries will be over a five-year period commencing in late 2026.
Anglo American agreed to sell its 33.3% minority interest in Jellinbah Group Pty Ltd, which owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, to Zashvin Pty Limited for A$1.6 billion (approximately US$1.1 billion). The sale is subject to regulatory approvals and expected to complete in Q2 2025.
SUSS MicroTec signed a long-term lease agreement for a new production site in Zhubei, Hsinchu County, Taiwan, with a usable area of 18,000 square meters, including approximately 6,300 square meters of clean room manufacturing space. The new site will double production capacity and support growth in the Asia/Pacific region.
The U.S. Section of the International Boundary and Water Commission awarded a $600 million contract to PCL Construction and Stantec for the rehabilitation and expansion of the South Bay International Wastewater Treatment Plant in San Diego, doubling capacity to 50 MGD.
China Chemical's subsidiary Hualu Company signed an EPCC turnkey contract with Phu My Polypropylene Production Plant for a 300 kt/a PDH and PP project in Ba Ria-Vung Tau Province, Vietnam.