SIAD

The SIAD Group is investing EUR 18 million (about USD 19.6 million) to build a new compressor production plant in Seriate near Bergamo, Italy, to expand capacity and digitalise production. The plant is due for completion by mid-2026 and will host piston compressor production.

SIAD delivered a flash gas compressor (model MS3-2) to Australia for installation in Perdaman's Project Ceres gas-based ammonia-urea plant in the Burrup Strategic Industrial Area, Western Australia. The wider project is valued at US$4.5 billion with 2.3 MTPA capacity.