Wood plc (Aberdeen, U.K.) has secured the engineering, procurement and construction management (EPCM) contract for Niron Magnetics’ Plant 1 in Sartell, Minnesota, the world's first full-scale Iron Nitride permanent magnet facility. This groundbreaking plant will manufacture 1,500 tons of Iron…
Thermo Fisher Scientific Inc. (Waltham, Mass.) announced a strategic collaboration with NVIDIA to power AI-based solutions and laboratory automation at scale. The effort will leverage the NVIDIA Artificial Intelligence (AI) platform and Thermo Fisher Scientific solutions to progressively increase the…
Siemens AG (Munich, Germany) announced it has acquired ASTER Technologies, a privately held market leader in printed circuit board assembly (PCBA) test verification and engineering software. This strategic move integrates ASTER's advanced "shift-left" design for test (DFT) functionality directly into…
HF Sinclair Corp. (Dallas, Tex.) has closed its previously announced acquisition of Industrial Oils Unlimited, LLC (IOU), a leader in industrial lubricants and specialty fluids. The transaction closed on January 8, 2026, following satisfaction of all requisite closing conditions. IOU,…
GEA AG (Düsseldorf, Germany) has been selected to deliver and commission a precision and biomass fermentation upscaling line for Biotechnology Fermentation Factory (BFF), an open-access site on the NIZO Food Innovation Campus in Ede, Netherlands. The facility gives food and…
Solstice Advanced Materials (formerly part of Honeywell) announced plans to invest more than $220 million in multiple projects to expand production at its existing ballistic fiber manufacturing facility in Colonial Heights, Chesterfield County, Virginia, which is also expected to create…
MAIRE S.p.A. (Milan) announced that NEXTCHEM, through its nitrogen technology licensor Stamicarbon, has been awarded two contracts in China, leveraging its proprietary technology portfolio and reinforcing its commitment to delivering practical, efficiency-driven solutions to meet the evolving needs of the…
Air Liquide S.A. (Paris) announced the successful completion of the DIG Airgas acquisition, a leading integrated gas player in South Korea. This marks a new significant milestone for the Group, 10 years after the major acquisition of Airgas in the…
Arkema S.A. (Paris la Defense, France) announced that its new Rilsan® Clear transparent polyamide production unit, located on its Singapore platform, is now fully operational. This milestone strengthens Arkema’s leadership in high-performance polymers, giving the Group the largest transparent polyamides…
Kemira Oyj (Helsinki, Finland) has completed the acquisition of AquaBlue, Inc., a privately-owned company based in Ohio, USA. The deal, valued at under $10 million, strengthens Kemira’s position in North America and supports its growth in industrial water treatment services…