Major pharmacuticals to expand R&D spending in 2017
english.yonapnews.co.kr 21 Mar, 2017
Hanmi Pharmaceutical Co., Green Cross Corp., Daewoong Pharma and Chong Kun Dang Pharmaceutical Corp. will continue to focus on R&D expansion in Korea. Green Cross will expand its R&D budget by between 20 and 25 percent in 2017. Daewoong Pharma and Chong Kun Dang Pharmaceutical will plan to allocate more than 10 percent of their sales to the R&D budget in 2017. The budget will be spent on clinical trials of treatment for various diseases, including Huntington’s disease.
NNPC to spend $15bn on 4,000MW power generation from gas
businessdayonline.com 21 Mar, 2017
The Nigerian National Petroleum Corporation (NNPC) will generate about 4,000 MW of power in the next ten years to boost power supply in the country at the cost of $15 billion. NNPC has interest in two power plants, one in Okpai, Delta State and the other in Afam, Rivers State in Nigeria. The company’s plans were underway to commence Okpai Phase 2 Power Plant and that other JV power plants like Obite and Agura would also be progressed soon to boost power generation in the country.
Govt, Firm Ink U.S.$7 Million Power Plant Deal
allafrica.com 21 Mar, 2017
Masvingo Government has sealed a $7 million agreement for the Salini Impregilo contractor at Tokwe-Mukosi Dam to start civil works on the planned mini-hydro power plant that will generate 15 MW electricity at the recently completed dam. The entire project will gobble about $20 million. An agreement was reached for Salini to start excavation works on the power house where the power plant will be installed and the work has already started and will take about 3 months to complete.
IT park to be set up in Islamabad with S.Korea’s assistance
samaa.tv 21 Mar, 2017
An agreement was signed between Ministry of Information Technology and Korea Exim Bank on 21st March, 2017 for setting up an information technology park in Islamabad, Pakistan. Awami Markaz building was converted into a software park and the government is establishing the IT park with South Korea’s cooperation. The information park will be made over 42 acres of land, will have a data centre and capacity to accommodate more than one hundred IT companies.
TSEC to set up 3.5MWp rooftop PV system in northern Taiwan
digitimes.com 21 Mar, 2017
TSEC has indicated that Forsun Energy has won an open bid to set up a PV system with installation capacity of 3.5MWp on local government buildings in northern Taiwan, China. Forsun Energy is expected to exceed cumulative PV installation capacity of 35MWp in PV system projects at the end of 2017, TSEC indicated.
Ukraine. China ready to invest in reconstruction of Nikolayev port elevator
blackseagrain.net 21 Mar, 2017
Chinese CCES is ready to loan funds for reconstruction of Nikolayev port elevator, Europe. The State Food and Grain Corporation of Ukraine have worked out a plan for development of the Nikolayev port elevator, which provides for an increase in handling volumes to 3.5 MMT. The total amount of investments in the project can reach USD 75 million.
Eurofins to invest millions in new UK facility
bio-itworld.com 21 Mar, 2017
Eurofins Scientific has announced plans to establish a new pharmaceutical chemistry and microbiology facility in Livingston, Scotland, United Kingdom as part of a £4 million investment. Significantly increasing its capacity in the UK, the 5800 sq. mtrs facility at Brucefield Industry Park will house Eurofins Biopharmaceutical Testing business in the UK, currently based in Edinburgh. The first phase of the project will see the development of 1400 sq. mtrs of lab space and creates the scope for significant expansion.
CPP Investment Board commits to invest $325 million in two logistics ventures
mmdonline.com 21 Mar, 2017
The Canada Pension Plan Investment Board is committing C$325 million towards warehouses and other logistics investments in Singapore and Indonesia, in partnership with the Logos Property Group and the Caisse de depot’s real estate arm. In Singapore, CPP Investment Board will initially commit $200 Singapore dollars for the Logos Singapore Logistics Venture. In Indonesia, CPPIB will initially commit US$100 million to the Logos Indonesia Logistics Venture.
Apetito to invest £31m in Trowbridge production facility
thecaterer.com 21 Mar, 2017
Apetito has announced plans to invest £31m in its Trowbridge, Wiltshire, England, facility to support its growth plans. Building on a new manufacturing facility will begin in 2018, creating some 40 jobs in the construction phase. The investment was welcomed by food minister George Eustice.
Morocco, Chinese Haite Invest U.S.$1 Billion to Build Industrial Park in Morocco
allafrica.com 21 Mar, 2017
HAITE Group decided on 20th March, 2017 to invest one billion U.S. dollars to build an industrial and residential park in Morocco, North Africa. The ‘Mohammed VI Tangiers Tech City’ park will host hundreds of Chinese companies in numerous industries, including auto manufacturing, aerospace, aviation spare parts, electronic information, textiles and machinery manufacturing. The 2,000 hectares project will be carried out by the Tangiers-Tetouan-Al Hoceima regional authorities, Morocco’s BMCE Bank and HAITE.
Chevron Unlikely To Expand Major Australian LNG Projects
oilprice.com 21 Mar, 2017
The oil price slump has shifted the trend in new project investments towards smaller projects with faster returns and away from mega projects and Chevron is unlikely to sanction another major LNG development in Australia. As it stands there is unlikely to be another large greenfield LNG development. Chevron’s Gorgon and Wheatstone natural gas projects in Australia required more than $71.4 billion in initial capital expenditure
Third Data Center to be Built Near Hermiston
mycentraloregon.com 21 Mar, 2017
Amazon is proposing to build a third data complex west of Hermiston, United States consisting of four data centers. The Seattle-based e-commerce giant recently bought 120 acres of land next to the Hermiston Generating Plant. Amazon, doing business through a holding company called Vadata, has continued to expand at Port of Umatilla and Port of Morrow sites along the Columbia River. The buildings are home to racks of computer servers that host everything from email to streaming movies.
Saia expanding LTL footprint with four new terminals
ccidigital.com 21 Mar, 2017
Saia Inc. is planning to open four new terminals in New Jersey and Pennsylvania by the beginning of May to expand Saia LTL Freight, United States. The new terminals will be located in Harrisburg, Philadelphia and Pittsburgh, Pa., and in Newark. The company has also purchased a facility in Laurel, Md., which it plans to open in the Q3 2017.
DoE gives go signal for Semirara’s power plant
bworldonline.com 20 Mar, 2017
SEMIRARA Mining and Power Corp. (SMPC) will build a coal-fired power plant on Semirara island, Philippines initially with a capacity of 50 MW. The project is a way for the department to look for a lasting solution to the intermittent power supply in island provinces such as Mindoro, Marinduque, Romblon and adjacent islands.
GR in line to build Gascoyne’s mill at Dalgaranga
thewest.com.au 20 Mar, 2017s
Gascoyne Resources has signed a letter of intent with GR Engineering for it to build a 2.5mtpa gold processing plant at the company’s Dalgaranga gold project, Mt Magnet, Australia. The engineering, procurement and construction contract, to be awarded on a guaranteed maximum price basis, is subject to final project approvals, project financing and Gascoyne’s board making a final investment decision. It is targeting commissioning of Dalgaranga in the Q2 of calendar 2018.
Carnegie to build solar plant in WA
theaustralian.com.au 20 Mar, 2017
Carnegie Clean Energy will build a 10-megawatt solar power station at Northam, east of Perth, in Western Australia, will generate enough electricity each year to power more than 4,000 homes for 25 years. The solar power plant, comprising 34,000 solar panels on 25 hectares of land, is expected to cost $15 million to $20 million. The plant will deliver energy into Western Australia’s grid. Construction is expected to start in mid-2017 and be operational by the end of 2017.
NTU Singapore and Schaeffler set up joint lab to develop smart mobility devices
eurekalert.org 20 Mar, 2017
Next-generation personal mobility devices may soon become reality in a new joint research lab by Nanyang Technological University, Singapore (NTU Singapore) and Schaeffler Group that has a combined funding of S$5 million over three years. Schaeffler Group will set up the lab as part of the Schaeffler Hub for Advanced Research at NTU (SHARE at NTU). Both organisations signed a master research agreement on 20th March, 2017.
Star Cruises eyeing to set up more home ports in PHL
businessmirror.com.ph 20 Mar, 2017
Star Cruises is looking to set up more home ports in the Philippines.
Two German firms keen to invest in nickel processing, gas sectors
Thejakartapost.com 20 Mar, 2017
Two German firms have expressed interest in investing in the lucrative nickel processing and gas sectors in Indonesia. One firm is eyeing a project to build a US$800 million nickel smelter with an Indonesian state-owned firm, while another is keen to enter the gas sector with an unspecified amount of investment.
Canada and British Columbia governments to invest $279m in 144 water projects
waterwastemanagement.cleantechnology-business-review.com 20 Mar, 2017
The governments of Canada and British Columbia have announced a total investment of about $279m in 144 drinking water and wastewater projects in the province. The funding for the projects in the British Columbia province will be offered through the Clean Water and Wastewater Fund (CWWF). While the federal government will provide up to 50% of funding, which is more than $140m, the Provincial government will invest about $92.38m and local governments will contribute the remaining $47.54m.
UK miner Mineco to invest $1.2 mln in research projects at Serbia’s Kram, Bosnia’s Rebelj
seenews.com 20 Mar, 2017
Mineco plans to invest some $1.2 million in research projects in the areas of Kram, Western Serbia and Rebelj, in Bosnia’s Serb Republic, in 2017. The company also plans to invest $500,000 in capacity upgrades at its Veliki Majdan lead and zinc mine in Serbia in 2017.
Food processing company to invest $25 million in new Henrietta plant and create 30 jobs
wxxinews.org 20 Mar, 2017
OFD Foods will be building a $25 million manufacturing facility in Henrietta, USA. The 50,000 square foot facility is being built to help OFD better serve its Midwest and East coast customer base. The plant will focus on providing freeze-drying services in bulk industrial packaging. OFD will break ground on the new Henrietta plant in April 2017 and expects the project to be completed by June 2018.
GreenWish to Invest $280 Million in Nigeria Solar Plants
bloombergquint.com 20 Mar, 2017
GreenWish Partners will invest $280 million to build solar-power plants in Nigeria that are expected to start producing electricity in Q1 2018. A plant in the southeastern state of Enugu will produce 100 megawatts, while the company will build two others of 50 megawatts each in the northern Kaduna and Jigawa states. The project will be funded 70 percent through debt and 30 percent through equity.
Gazprom Neft builds hydrogen production facility at its Omsk refinery
gasworld.com 20 Mar, 2017
Gazprom Neft has begun construction of a standalone 12,300 TPA hydrogen (H2) production unit at its Omsk refinery, Western Siberia. This processing facility will provide high-purity (99.9%) H2 for new and reconstructed hydrotreatment facilities. The facility has been developed by Russian design institute Omskneftekhimproject. The investment in construction of the facility stands at RUB3.4bn, and the facility is expected to be commissioned by the end of 2017.
Adani hopes to start Australian coal mine project by August
thehindubusinessline.com 19 Mar, 2017
Adani Group is hopeful of starting $22-billion Carmichael coalmine and port cum rail head project in Queensland, Australia by August 2017. The group expects the final federal approvals by May-June 2017. Adani group expects the first coal to come out of the mines by 2020. The company has nearly halved the first phase of mining project to 25 mt per annum from the original plan of 40mt.
Ahalia to set up new hospital in Sharjah Healthcare City
tradearabia.com 19 Mar, 2017
Ahalia Hospital has signed an agreement with Sharjah Healthcare City (SHCC) to set up a 100-bed general hospital in the SHCC, adjacent to the Sharjah International Airport, United Arab Emirates. Ahalia will become the first healthcare organisation to set up operations at Sharjah.
Norton Healthcare to invest $78 million to expand at Norton Children’s Hospital, create cardiac ICU
kyforward.com 19 Mar, 2017s
Norton Healthcare announced plans to invest $78.3 million to create the Jennifer Lawrence Foundation Cardiac Intensive Care Unit (CICU) and renovate the “Just for Kids” Critical Care Center and two of the neonatal intensive care units (NICUs) at Norton Children’s Hospital, United States. The changes will occur in phases, with full completion in 2021. Construction will begin in May 2017.
New York to invest $2M in Irish Arts Center expansion
lmtonline.com 19 Mar, 2017
New York State will invest $2 million in the Irish Arts Center’s plan to build a new facility in Manhattan. Construction on the new facility is expected to begin by the end of 2017. When complete, the expanded center will have three times the capacity of the existing structure.
Work to start on Kashimbilla hydro power plant this year
vanguardngr.com 19 Mar, 2017
The work would begin in 2017 on the 40 MW Kashimbila Hydro Power Plant in Taraba, Nigeria. The Ministry of Works, Power and Housing are in the final stage of pricing and it expect that it will start work in 2017. Preparatory work is going on and the ministry is considering the best route to move the equipment to site.
Toyota to invest £240m in Burnaston factory
manufacturingglobal.com 18 Mar, 2017
Toyota is defying Brexit fears by investing £240 million in upgrading one of its UK factories. The manufacturing plant in Burnaston, which makes the Toyota Auris and Avensis, will be updated to use its new global manufacturing system. Toyota’s announcement may be considered ‘business as usual – for now’. The £240m investment is dwarfed by the proposed $10bn that the company intends to invest in the US over the next 5 years, and is an amount that is not much more than ‘ticking over’
Solar Philippines to invest over $150 M for new Tarlac facility
business.mb.com.ph 18 Mar, 2017
Solar Philippines will invest more than US$150 million for the development of a new solar power plant in Tarlac, Philippines. The groundbreaking ceremony of the company’s 150-megawatt (MW) project was held on 17th March, 2017 in Concepcion, Tarlac. The solar project will be the first power facility in the Philippines to be built at a lower cost than coal and the first with battery storage for 24-hour power. It will comprise close to 450,000 solar panels and over 150 hectares, with room to expand as demand for solar with batteries increases.
Paul Mueller Co. to build new facility in the Netherlands
buffaloreflex.com 18 Mar, 2017
Paul Mueller Company is announcing plans to build a new facility in Groenlo, Netherlands. The €20 million ($21 million) project is expected to have a positive return based on reducing the costs of operating four separate facilities, the rent paid on three of the facilities, and the sale of the primary manufacturing location in Lichtenvoorde. Pending final approval of construction plans and loan documents, construction should start in the summer of 2017 with a completion date projected to be in the summer of 2018.
Northvolt Will Build A $4 Billion Battery Manufacturing Facility In Scandinavia
cleantechnica.com 18 Mar, 2017
Two former Tesla executives are planning to construct a large lithium-ion battery manufacturing facility in Scandinavia, either in Sweden or Finland, Europe. Northvolt is seeking investors to build a $4 billion battery plant that will be able to manufacture 32 gigawatt-hours of batteries by 2o23. Northvolt is focusing on building its battery plant in Sweden but has also shown interest in Finland. The company has begun the process of choosing a location for the factory and will start raising $60 million to fund a small-scale pilot line in the coming months
Chicago Breaks Ground on CTA Rail Car Production Facility
nbcchicago.com 17 Mar, 2017
The Chicago Transit Authority broke ground on 16th March, 2017 on a $100 million facility where rail cars will be assembled on the Chicago’s Southeast Side, United States. The facility is 380,994 sq. ft. and will employ at least 169 factory and warehouse workers. The facility is expected to be completed by spring 2018 and the first rail car prototypes are expected to be completed in 2019.
Innoson to Establish Automobile Engineering Facility for Amnesty Beneficiaries
thisdaylive.com 17 Mar, 2017
Innoson Group is on the verge of setting up a fully equipped auto engineering facility in Yenagoa, Nigeria. The facility is to be run by 200 beneficiaries of the Presidential Amnesty Programme, which the Nnewi-based automobile engineering company had already trained in various areas of auto technology, among others.
B Grimm signs MoU for power line – The Nation
nationmultimedia.com 17 Mar, 2017
B GRIMM Power recently signed a memorandum of understanding with Poipet PP SEZ Co to develop a power-transmission line at its industrial park in the western city of Poipet, Cambodia. The 20 MW plant will go into operation in May 2017. Five more plants are under construction. These consist of three gas-fuelled plants in Amata City Rayong, and two hydropower plants in Laos.
Apple says to add two more R&D centres in China
retail.economictimes.indiatimes.com 17 Mar, 2017
Apple will set up two new research and development centres in Shanghai and Suzhou in China. It is adding the two new locations after the two previously announced centres in Beijing and Shenzhen. It has pledged to invest more than 3.5 billion yuan in research and development in China. The four centres are expected to open later 2017.
Dangote Group To Invest N217b In Nasarawa Sugar Plantation
pmnewsnigeria.com 17 Mar, 2017
The Dangote Group of Companies plans to invest N217 billion in the establishment of a sugar plantation at Tunga, Nasarawa State, Nigeria. The sugar plantation would not only produce sugar but would also produce electricity supply. It will be able to generate power of up to 96 MW.
Albemarle to double lithium concentrate production in Australia
business-standard.com 16 Mar, 2017
Albemarle Corporation has announced that Talison, a joint venture between Albemarle and Tianqi Lithium Corporation, has approved the expansion of lithium concentrate production at its Greenbushes, Australia spodumene mine. The expansion of the mine and ore upgrading facilities is a key deliverable in our supply strategy to grow total combined lithium carbonate equivalent (LCE) production to approximately 165,000 metric tonne per annum (MTPA) early in the next decade. The expansion is intended to more than double the LCE capacity at Greenbushes from 80,000 MTPA to more than 160,000 MTPA. Commissioning of the expansion is expected to begin in the second quarter of 2019.
MK group to invest Bt400m annually in 5-year expansion
nationmultimedia.com 15 Mar, 2017s
MK RESTAURANTS Group plans to invest about Bt400 million a year over the next five years to expand in Thailand. The group would open 15 MK branches in Thailand in 2017, together with 25 Yayoi and five Miyazaki Japanese restaurants. Three or four franchised restaurants will be added to each market where the group operates abroad.
Iran woos Russian Gazprom to invest in gas projects
globaltimes.cn 15 Mar, 2017
Iran and Russia’s Gazprom are in talks on investment in gas fields in southern Iran. For the development of its energy projects, Tehran plans to hold an international tender in late March 2017. A total of 29 foreign companies, including Russia’s Gazprom and Lukoil, have been qualified to participate in the tender.
Wipro opens automotive engineering centre in Detroit
econoictimes.indiatimes.com 15 Mar, 2017
Wipro has opened an automotive engineering centre in Detroit, Michigan to help it drive innovation in connected vehicle concepts on 15th March, 2017. The center will serve as a hub to support the automotive engineering and IT requirements of Original Equipment Manufacturers (OEMs) and tier-I suppliers, based in North America.
IFC to invest in 720MW Karot hydropower project in Pakistan
hydro.energy-business-review.com 15 Mar, 2017
IFC will invest $100m in the 720MW Karot run-of-river hydropower project in Pakistan. Planned to be built on the Jhelum River and the Province of Punjab, Pakistan, the $1.7bn Karot hydro project is designed. The project, which is scheduled to be commissioned by 2021, being developed in the country by China Three Gorges South Asia Investment, an independent power company established by CTGC, IFC and Silk Road Fund.
UPS to invest another $90m in natural gas fleet, infrastructure
americanshipper.com 15 Mar, 2017
UPS Inc. will build an additional six compressed natural gas (CNG) fueling stations and add 390 new CNG tractors and terminal trucks and 50 liquefied natural gas (LNG) vehicles to its alternative fuel fleet. It is investing another $90 million in vehicles that run on natural gas and the infrastructure to support them. The six new CNG stations will be built in Ontario, Calif.; Orlando, Fla.; Salina, Kan.; Louisville, Ky.; Greensboro, N.C; and Vancouver, B.C.
ET Energy Starts Construction of a 60.9MW Solar Power Project in Jordan
prnewswire.com 15 Mar, 2017
ET Solutions AG has started the construction of a 60.9 MW solar power project in Jordan for ACWA Power. After the project is completed, it will deliver power to National Electric Power Company (NEPCO) at a tariff of 0.043 JD per kWh (equal to 6.13 $c/kWh). ET Solutions, along with its consortium partner, Northwest Power Design Institute (NWPDI) of China Power Engineering Consulting Group, started construction at the beginning of this month. The construction is expected to be completed within 10 months.
Posco Daewoo to invest US$112m in Bangladesh gas field
businesstimes.com.sg 15 Mar, 2017
Posco Daewoo Corp plans to invest up to US$112 million over the next 5 years to explore for gas in a deep water block in the Bay of Bengal jointly with Petrobangla. A two-dimensional seismic survey would begin in 2017 in a block adjacent to an area in neighbouring Myanmar where Posco Daewoo has already found gas.
TransCanada, M2 to build new crude storage facility in Cushing
nasdaq.com 15 Mar, 2017
TransCanada Corp plans to build a new 6.2 million barrels crude oil storage facility at TransCanada’s terminal, Cushing, Oklahoma in partnership with M2 Infrastructure LLC. The project is expected to begin in late 2017. The deal between M2 and TransCanada includes an option to build up to 20 million barrels of storage. Macquarie Capital is M2’s financial adviser.
Mafic Announces Groundbreaking at Shelby North Carolina Facility
prnewswire.com 15 Mar, 2017
Mafic announces groundbreaking on 15th March, 2017 at its new basalt fiber production facility in Shelby NC USA. The facility, located at 119 Metrolina Drive in Shelby, and will produce 1,000,000 lbs of basalt fiber per month starting in Q1 2018.
Trelleborg inaugurates new polyurethane facility in Retford, England
hydrocarbonprocessing.com 15 Mar, 2017
Trelleborg inaugurated its new purpose built facility in Retford, England, further enhancing its polyurethane manufacturing capabilities. The new facility will be a Center of Excellence for Trelleborg’s diversified polyurethane component manufacturing, bringing together experience, innovation and technology under one roof.
Hartlebury EnviRecover EfW facility completed
letscycle.com 15 Mar, 2017
Mercia Waste Management has taken over operations of the EnviRecover energy from waste facility in Hartlebury near Kidderminster, which will treat waste on behalf of Worcestershire and Herefordshire councils. The plant is fully operational having been completed by the contractor Hitachi Zosen Inova following a 33-month construction programme. Mercia’s sister company Severn Waste Services will operate the facility under its Environmental Permit issued by the Environment Agency. The EnviRecover facility has the capacity to treat up to 200,000 tonnes of waste per year, and can produce 15.5 MW of electricity for export to the grid.
Russians invest in construction of a refinery in Angola
macauhub.com.mo 14 Mar, 2017
Rail Standard Service and Fortland Consulting Company, will invest US$12 billion to build a refinery in Namibe, Angola and a rail link between the Benguela and Mocamedes railroad, according to a presidential order. The refinery reaches peak production, 11 years after the start of operations, it will process 400,000 barrels of oil per day, or a quarter of Angola’s daily production. The project will be implemented by Namref, an investment vehicle set up by the two Russian groups (75% investment by Rail Standard Service and 25% by Fortland Consulting Company) and local partners, as stipulated in the contract.
Charlottetown sewage plant to get a green overhaul
cbc.ca 14 Mar, 2017s
The City of Charlottetown has plans to turn its sewage treatment plant into a showcase for green technology. They are working with Carleton University in Ottawa to harness solar, wind and tidal energy on the waterfront site. The project will also investigate other green technologies, including the use of biogas to generate electricity, and the use of heat pumps to recovery heat from effluent water. Greenhouses might be built on the site to put some of that green energy to work.
China to invest RM3b for Kuala Kedah terminal
themalaymailonline.com 14 Mar, 2017
China is looking to build a RM3 billion Kedah Integrated Fishery Terminal (KIFT) in Kuala Kedah, Malaysia for landing and processing of tuna fish. It is expecting to sign the agreement with the investor soon. The terminal would be fully-funded by China’s Lu Hai Feng, a private company based in Qingdao, and build on 2,340 hectares along the coastal area from Taman Bersatu up to Kampung Tebengau in Kuala Kedah.
Hyundai signs 3 bn euro deal for Iran oil project
moneycontrol.com 14 Mar, 2017s
Hyundai Engineering plans to invest 3.1 billion euros in the second phase of the Kangan oil production and refinery project in southwest Iran. Hyundai is partnering with Kerman Khodro for the new car factory. The South Korean company will have nine months to secure financing for the oil project. The second phase of the deal, involving the construction of four production plants at the Kangan site, is expected to take four years.
SRUC unveils plans for three new animal science research facilities
pressandjournal.co.uk 14 Mar, 2017
Three new animal science research facilities are to be built in Scotland, where £2.2million funding is from the government’s Innovate UK Fund. The new centres would enable innovative progress in livestock feeding efficiency and meat eating quality in Britain. The exact location of the new centres is yet to be confirmed.
South Australia state govt says to build new gas power plant
in.reuters.com 14 Mar, 2017
The state of South Australia is to build a new gas power plant as part of a A$500 million plan to provide energy security. The private sector would also build Australia’s largest battery storage plant, with a 100MW output.
BASF to invest in new plastic additives plant in Shanghai, China
hydrocarbonprocessing.com 14 Mar, 2017
BASF is investing more than €200 million globally to increase its production network for plastic additives. An important step is an investment to build a new plastic additives plant at its Caojing site in Shanghai, China. This world-scale plant, with an annual capacity of 42,000 t, will produce antioxidants and associated forms and blends. It is expected to be completed in 2019, with commercial production to start by early 2020.
Alnada to invest $2m to purchase new production lines
dailynewsegypt.com 14 Mar, 2017
Alnada Company plans to inject investments of $2m to import two packaging lines from Tetra Pak, with the aim of increasing the company’s daily production capacity to 18 tonnes of juice in Egypt. The company also seeks to install two glass and metal packaging lines of sauce, ketchup, and jam, with a daily production capacity of one tonne.
Skretting to invest €6m expanding R&D into RAS, new raw materials
undercurrentnews.com 14 Mar, 2017
Skretting will “significantly increase” its research capacity with an expansion of the Skretting Aquaculture Research Centre (ARC), Lerang Research Station in Norway, and a new facility at Pargua in Chile.
Tata Motors arm starts building new design, engineering centre
markets.livemint.com 14 Mar, 2017
Jaguar Land Rover (JLR) has started construction work on a £200 million redevelopment of its design and engineering centre at Gaydon in Warwickshire.
Sensata Technologies opens testing facility in Bulgaria
reuters.com 14 Mar, 2017
Sensata Technologies has opened its global testing facility in Sofia, Bulgaria to support its automotive sensing technologies.
Summerville Medical breaks ground on $53 million site for women’s and children’s care
journalscene.com 14 Mar, 2017
Summerville Medical Center broke ground on 14th March, 2017 on a future 50,000-square-foot facility for innovative health services for women and children. The $53 million project, set for completion in 2019. The expansion will specifically include a Women’s Pavilion with 30 additional beds, extra labor and delivery rooms, a C-section procedure room, newborn nursery rooms and level II nursery rooms. Advanced monitoring and imaging equipment will also be added inside the current hospital facility to support a step-down ICU unit.
Dangote to build coal power plant in Tanzania
worldcement.com 13 Mar, 2017
Dangote Cement constructs a permanent coal-fired power plant in Mtwara, Tanzania.
Govt urged to set up dialysis unit in Mansehra hospital
dawn.com 13 Mar, 2017
Pakistan Tehreek-i-Insaf Hazara division women wing has demanded of the Khyber Pakhtunkhwa government to establish a dialysis unit at the King Abdullah Teaching Hospital, Mansehra, to provide treatment services to kidney patients from upper parts of the division. The KP government should ensure that hospitals in remote parts of the province were also equipped with proper treatment facilities.
Didi unveils new R&D facility to explore AI and self-driving tech
techwireasia.com 13 Mar, 2017s
ESE ride-sharing company Didi Chuxing has taken its world domination plans to the next level by opening a US-based research lab for AI and self-driving technology in United States. While Didi’s lab opening signifies it is getting into the global AI and self-driving technology game, it doesn’t mean it’s ride-hailing service is expanding into North America just yet. Five finalists will have a chance to win US$100,000 and also get to work with Didi and Udacity on projects within the automotive space.
Automotive manufacturer Dana opens new Australian facility
manmonthly.com.au 13 Mar, 2017
Dana has opened a new Australian manufacturing facility in Keysborough, Victoria, Australia. Dana produces its Spicer axles, driveshafts, steer shafts, and joint assemblies for commercial vehicles, as well as driveshafts for the light-vehicle industry, at the facility. In addition to be a manufacturing centre, the new facility will also be aftermarket distribution centre for products covering all vehicle types sourced locally and from Dana’s international network.
Thong Guan investing RM35mil to expand Sg Petani plant’s capacity
thestar.com.my 13 Mar, 2017
Thong Guan Industries Bhd is investing around RM35mil to expand its production capacity in Sungai Petani, Malaysia. About RM20mil was for adding a new nano-layered stretch film production line, which would start operations in September 2017. The company received over 1,000 tonnes of orders for nano-layered stretch films to be filled in the next 2 months, which will be delivered by end of May 2017.
$800M hydro power plant to rise in Bukidnon
malaya.com.ph 13 Mar, 2017
First Bukidnon Electric Cooperative, Inc. (FIBECO) and Pulangui Hydro Power Corp. (PHPC) have signed a memorandum of understanding for the construction of a 250 MW Pulangui 5 hydro power plant in Bukidnon, Philippines. The power plant is valued at $800 million and is expected to be completed by 2020 or 2021
Boeing to set up first overseas factory in China
thehindubusinessline.com 13 Mar, 2017
Boeing will set up its first overseas factory in eastern China aiming to deliver 100 Boeing 737 planes a year. Boeing and Chinese aviation manufacturer Commercial Aircraft Corporation of China (COMAC) will start to build a Boeing 737 completion centre in Zhoushan by the end of March 2017, scheduled to make its first delivery in 2018. This is Boeing’s first overseas facility as part of its 737 production system, and designed to deliver 100 Boeing 737 planes a year.
Plans expand for LNG plant in Louisiana
fortworthbusiness.com 13 Mar, 2017
A 500-acre expansion has been announced for a planned liquefied natural gas plant in Cameron Parish, United States. The Baton Rouge-based company announced planned to build an $11 billion LNG plant on 766 acres in Cameron. Once the land for the expansion is secured, the facility will cover 1,266 acres on the west side of the Calcasieu (KAL’-kah-shoo) Ship Channel. Construction is expected to start in 2018. The first delivery of LNG is expected in late 2022.
Grupo Antolin to Set Up USD 61.2 Million Factory in Michigan
tiresnadparts.net 13 Mar, 2017
Grupo Antolin will be setting up a new plant in Michigan, United States. The USD 61.2 million factory is in suburban Detroit. The company has formed a new subsidiary named Antolin Shelby Inc. which will lease the 350,000 sq. ft. facility in Shelby Township, Michigan. The company will receive subsidy to the tune of USD 3.6 million in the form of a performance-based grant from the Michigan Strategic Fund.
Mineral Processing Unit Being Set Up In Mardan
radio.gov.pk 13 Mar, 2017
Mineral processing unit is being set up at Rashakai, dist. Mardan, Pakistan. Marble city will be established in Buner to enhance production and export of marble.
Poland’s GTC to invest 105 mln euro in shopping mall in Belgrade
seenews.com 13 Mar, 2017
Globe Trade Centre (GTC) plans to invest a total of 105 million euro in the construction of a shopping mall in Belgrade, Serbia. It started the construction of the shopping mall, named Ada Mall, which represents its first retail investment in Serbia. Ada Mall will have approximately 34,000 sq.mtrs. of gross leasable area (GLA) with 1,000 designated parking places and its opening is scheduled for the third quarter of 2018, reads the statement posted on GTC’s website.
Manufacturer plans to set up shop in Ogdensburg in the spring, hire more than 40 people
northcountrynow.com 13 Mar, 2017
Canexsys Networks, Inc. intends to set up a manufacturing operation in the former Newell Manufacturing building, United States. The company manufactures electronic circuit boards, connectors, metal fabrication and injection mold plastic. It will occupy the Newell property this spring, and plans to hire more than 40 workers over the next three to five years. National Grid has invited the company to apply for assistance through its economic development programs for the revitalization of the Newell property.
GE to invest 160 mln kuna (21.5 mln euro) in Croatian plant
seenews.com 13 Mar, 2017
The Croatian unit of US multinational conglomerate General Electric (GE) will invest 160 million kuna ($23 million/21.5 million euro) in machinery and infrastructural upgrades at its Karlovac-based plant, Europe. GE’s unit in Karlovac provides services to power plants under construction and performs upgrades on those already in operation. It also manufactures components for gas and steam powered turbines.
Fujitsu to invest EUR 50 mln in R&D projects in France
telecompaper.com 13 Mar, 2017
Fujitsu has announced plans to invest EUR 50 million in France, funding several projects over the next five years. The main initiative is a centre of excellence within the ‘Drahi X-Novation’ business incubator, which will be devoted to the development of artificial intelligence. The new centre will support R&D in the fields of machine learning, deep learning and natural language processing, as well as proposing Fujitsu’s services in areas such as digital marketing, Internet of Things (IoT) and digital security for corporate customers.
Crown Paints shelves plans to expand to region
businessdailyafrica.com 11 Mar, 2017
Crown Paints Kenya has shelved plans to expand to more countries in the region as its existing subsidiaries are yet to take off due to market challenges. Crown’s operations are in Kenya, Uganda, Tanzania and Rwanda. The Nairobi Securities Exchange would invest $3.6 million in 18 months in the Tanzanian subsidiary and $2.25 million in the Rwandan branch.
Unipart Rail, Arabian Railway to set up Saudi JV
tradearabia.com 12 Mar, 2017
Unipart Rail will join hands with Arabian Railway Company to set up a new company that will deliver world-class projects, supply chain services and consultancy in Saudi Arabia. Under this agreement, Unipart Rail will be opening a new office in Saudi Arabia at MIG’s new tower block on King Fahd Road in Riyadh, opposite to the King Abdullah Financial District
DHA to set up medical college in Bahawalpur
dailytimes.com.pk 12 Mar, 2017s
Defence Housing Authority (DHA) will establish a new medical college in Bahawalpur, Pakistan. Applications for admissions on hundred seats would be invited by the end of this month through the University of Health Sciences (UHS), Lahore. Campuses of the National Defence University and National University of Modern Languages would also be set up in the DHA Bahawalpur.
Russian Car Manufacturer to Set Up Assembly Line in Iran
tasnimnews.com 12 Mar, 2017
TEHRAN (Tasnim), automobile manufacturer is set to establish an assembly line in Iran in the near future. Ulyanovsky Avtomobilny Zavod (Ulyanovsky Automobile Plant), is about to begin production of its UAZ Patriot SUVs and pickup trucks in Iran.
Companies to invest $3.3 billion in solar projects in Vietnam’s Daklak province
energy.economictimes.indiatimes.com 12 Mar, 2017
Vietnam’s Daklak province on 11th March, 2017 granted licences and signed memorandums of understanding for the development of several solar power projects worth a combined $3.3 billion. AES Corporation signed an memorandum of understanding with the province to invest $750 million in a solar plant with expected capacity of 300-500 megawatts. Xuan Thien Daklak received a provincial government licence to invest $2.2 billion in a 2,000-megawatt solar power project in Daklak province in the Central Highlands. Solar Park Global also received a certificate to invest $45 million in a solar power project and Vietnamese Long Thanh Infrastructure Development and Investment Company will invest $308 million in a 250-megawatt solar plant. Indonesia, Thailand and Vietnam are seeking to secure sources of solar energy.
Morocco- OCP to Invest MAD 16 Billion to Develop Khouribga-Beni Mellal Region
menafn.com 12 Mar, 2017
In 2020, the city of Khouribga will acquire a major project: the phosphate pretreatment facility. Located in Oulad Fars, this gigantic project, realized by The OCP group, will require an investment MAD 3.5 billion. The project will involve the development of a stock of raw phosphate storage and retrieval, three washing lines, flotation and grinding workshops, a decanter for the evacuation of sludge, and dykes for the spreading of sludge and for the recovery of water.
National Polymer to invest US$ 80m
thefinancialexpress-bd.com 12 Mar, 2017
National Polymer is set to expand the existing project of the company from 19,708 M. Ton to 29,562 M for which the company will import machineries worth US$ 80 million for manufacturing 24 inch dia meter PVC pipes, sheets, doors, thread tape and plastic household products in Dhaka, Bangaladesh. The expansion will be financed by Standard Chartered Bank with a foreign loan facility of USD 3.80 million for which Bangladesh Investment Development Authority (BIDA) has given its approval. The new machineries will go for production from 01st August, 2017.
US, UK Finance Groups Invest In Kenyan Warehouse Development
afkinsider.com 12 Mar, 2017
The U.S.-based International Finance Corporation plans to invest $10 million, and the U.K.’s CDC Group plans to invest $25 million in Africa Logistics Properties Holding (ALP).
Tunisia to invest US$1 billion to produce power from renewable energy in 2017
newsghana.com.gh 12 Mar, 2017
The Tunisian government is expected to invest about an equivalent of one billion U.S. dollars to produce 1,000 megawatts of power from renewable energy in 2017. Of the 1000 megawatts, 350 will be produced by wind power, 650 by photovoltaic energy. The private sector plans to invest 600 million dollars in development of renewable energy in 2017.
Gas company plans new storage facility on Hana Highway
mauinews.com 12 Mar, 2017
Hawaii Gas is planning to build a new storage facility for propane tanks near Kanaha Pond State Wildlife Sanctuary in Kahului, US. The state’s only franchised gas utility intends to file for a special management area major use permit in the next few months, which it hopes will be approved by the end of 2017. Construction could take two to three years after acquiring permits.
Plan for $11 billion natural gas facility in Cameron Parish expanding
nola.com 12 Mar, 2017
A 500-acre expansion has been announced for a planned liquefied natural gas plant in Cameron Parish, US. Construction is expected to start in 2018. The first delivery of LNG is expected in late 2022.
EU gives Sh110m grant for banana processing plant
standardmedia.co.ke 10 Mar, 2017
The European Union (EU) has given Kisii county government a Sh110 million grant to set up a banana processing plant. The factory would be launched in September 2017. The paperwork and training is already underway. Already identified 10 acres at the Kisii Agricultural Training Centre, where the factory would be located. The new factory was expected to make over Sh1.5 billion annually.
Wacker to invest €85 mn in Norway site to increase silicon metal capacity
business-standard.com 10 Mar, 2017s
Wacker Chemie AG will expand the capacity of its silicon metal site at Holla in Norway by constructing an additional plant. The group will invest around € 85 million for the capacity increase and for expanding local infrastructure. Completion of the plant is expected during the first half of 2019.
DSM & Evonik to jointly set up $200-mn omega-3 fatty acids plant in US
business-standard.com 10 Mar, 2017
Royal DSM and Evonik will jointly invest $ 200 million over the next two years to set up a manufacturing facility omega-3 fatty acid products from natural marine algae for animal nutrition in the US. Two companies have agreed to form a joint venture (each holding a 50 percent share) for this purpose and co-own the production facility, which will be built at an existing site of Evonik and is expected to come on stream in 2019.
Motive Offshore invests in Dundee Port quayside facility
yoursubseanews.com 10 Mar, 2017
A North-east offshore services firm has expanded its business south with a six figure investment in a quayside fabrication facility in Dundee Port, United Kingdom. Motive Offshore Group has launched Motive Fabrication in Dundee after successfully negotiating with the port to take over the site, which boasts a deep water quay side facility, alongside a 12,000 sq ft workshop and 2,000 sq ft office block.
Coca-Cola Opens New Mega-Distribution Center and Packaging Facility in East Javai
jakartaglobe.id 10 Mar, 2017
Coca-Cola Amatil Indonesia inaugurated its fourth major distribution center and second packaging facility in East Java, Indonesia on 09th March, 2017. CCAI’s newly inaugurated facilities, officially called the Packaging Service Division and Mega Distribution Center, are located in Pandaan, Pasuruan in East Java. Sitting in a six-hectare piece of land, the facilities cost $60 million in total and are part of CCAI’s $500 million investment in Indonesia from 2015 to 2019.
Chile to acquire 450 MW solar thermal power plant
climateactionprogramme.org 10 Mar, 2017
The Chilean government gave the green light to development of Solar Reserve’s 450 MW Tamarugal concentrated solar power project in March 2017. The Tamarugal solar project will be constructed in the country’s Tarapaca region and will include three 150 MW solar thermal towers, capable of generating around 2,600 GWh of power each year. The Tamarugal concentrating solar power (CSP) project received an environmental qualification resolution (RCA).
ExxonMobil to invest $20bn in Gulf Coast manufacturing
chemistryworld.com 10 Mar, 2017
ExxonMobil has announced plans to invest a total of $20 billion to expand manufacturing in the US Gulf Coast over a ten-year period, in order to expand its manufacturing and export capacity. The investments will continue until 2022.
Honda to Invest $150M in US Plants for 10-Speed Transmission
finance.yahoo.com 10 Mar, 2017
Honda Motor Co. announced its investment of $150 million in two U.S. plants, mainly for the production of 10-speed automatic transmissions, which will be used in front-wheel-drive vehicles. Of the total investment, $100 million has been invested in a new assembly line and production modifications at the Honda Precision Parts of Georgia LLC in Tallapoosa, Georgia. The remaining $49 million will be utilized at Honda Transmission Mfg. of America Inc in Russells Point, OH.
SAP to invest BRL 40 mln in Brazilian R&D center
telecompaper.com 10 Mar, 2017
European corporate software company SAP will invest BRL 40 million over five years to stimulate the development of technology companies in Brazil, with an initial focus on agribusiness, reports Reuters. The agreement involves technologies like the Internet of Things. The value of the investment will be applied in the SAP research centre in Sao Leopoldo (Rio Grande do Sul). The unit ranks seventh among 19 SAP research centres around the world.
Certex opens new UK facility to support offshore wind
windpowerengineering.com 10 Mar, 2017
Certex UK is expanding its renewables and lifting operations in the Humber region of England with the opening of a new office and workshop in Hull. The Hull office and workshop location will co-ordinate work undertaken to ensure all wind-turbine installations and safety precautions adhere to UK legislation.
High tech Tullamore facility set for expansion
offlayexpress.ie 10 Mar, 2017
A Tullamore facility, Ireland based in the IDA Business and Technology Park is set for a major expansion. Synergy Health Ireland,an Ethylene Oxide and Electron Beam processing site, has been granted Planning Permission by Offaly County Council for a number of extra buildings. The new building will contain a new E-beam sterilisation unit and an adjoining two storey laboratory building with ancillary offices, staff canteen, toilets and new vehicular entrance and car park.
First rubber mfg plant to rise in Mindanao
philstar.com 09 Mar, 2017
The Philippines Government and the private sector inked an agreement to put up the first-ever Pilipinas Agila rubber manufacturing plant in Philippines. The Department of Agriculture (DA), Philippine Rubber Farmers Association (PRFA) and Phoenix Petroleum Philippines Inc. signed an MOU. The plant will be used for the production of tires for passenger vehicles, cargo, small pick-ups and agricultural machineries. It was estimated to have the capacity to produce 4 million tires per year.
Exciting new plan for Gladstone’s $20m steel plant
chinchillanews.com.au 09 Mar, 2017s
The Gladstone Steel Project aims to construct a $20 million steel mill plant in Gladstone, Australia used to extract iron ore from the Red Mud Dam to be processed into steel. Directors of the project are keen to approach the government for funding, including the $30 million Bowen Basin Jobs Package.
China’s Didi opens R&D centre in US to attract global talent
economictimes.indiatimes.com 09 Mar, 2017
Didi Chuxing opened a new research and development centre in the US’ Silicon Valley on 9th March, 2017 to attract top engineering talent. The DIDI Labs in Mountain View, California will primarily focus on big-data-based security and intelligent driving technology, and are a landmark step for the company to create a global innovation nexus. The US labs will work in tandem with the broader Didi research network to advance its global strategy, apply its research findings and help cities develop smart transport.
GE, local partners to build Turkey’s biggest wind park
renewablesnow.com 09 Mar, 2017
US conglomerate General Electric Co has entered into a memorandum of understanding (MoU) with Borusan EnBW Enerji, Fina Holding and Ozgul Holding to finance, build and operate the largest wind power complex in Turkey. The work will be done within the scope of the YEKA (Renewable Energy Source Area) project. The project is expected to be completed in 2021.
Romanian real estate developer Alesonor plans 12 mln euro investments
seenews.com 09 Mar, 2017
Alesonor plans to invest 12 million euro in expanding its Amber Gardens residential complex in northern Bucharest, Romania and in two other premium real-estate projects. Alesonor plans to build 21 new green homes inside Amber Garden. The houses should be completed by the end of 2017.
China’s CRRC offers to invest 300 mln euro in Bulgarian railways operator BDZ
seenews.com 09 Mar, 2017
CRRC has proposed to invest 300 million euro under a project for strategic partnership with Bulgaria’s indebted state-owned railways operator BDZ. The investment proposal submitted by China Railway Rolling Stock Corporation (CRRC). In addition, the company is proposing to invest in a new plant for assembly of electric and diesel multiple-unit trains. The new plant will be built on BDZ-owned property.
Russia, Israeli firm agree to invest $100 mln in Russia’s dairy industry
in.reuters.com 09 Mar, 2017
Russian Direct Investment Fund (RDIF) and LR Group have agreed to co-invest $100 million into dairy farming and milk processing in Russia. The sum represents the first phase of joint investment for which regional projects are already being analysed.
UD to inject $500K into faculty STEM research
daytondailynews.com 09 Mar, 2017
The University of Dayton, United States will invest $500,000 in science, technology, engineering and math research. UD’s college of arts and sciences, school of engineering and Hanley Sustainability Institute, will invest funds to support faculty and staff research in STEM fields over the next two summers. The money will help foster and support sustainable, interdisciplinary research programs on campus that can successfully transition to external funding.
Recticel to Invest Into New Production Capacity for its Insulation Business in the UK, and to Create New Jobs
finance.yahoo.com 09 Mar, 2017
Recticel announces that its Insulation division, plans for a new state-of-the-art production capacity in the UK. The investment by group is expressing its confidence in the post-Brexit British manufacturing and construction market. The investment is expected to amount to at least €20 million, and start of production is planned in the Q3 2018.
Italian Snam to invest €270M in TAP
en.apa.az 09 Mar, 2017
Snam has revealed plans to invest €270 million in the Trans Adriatic Pipeline (TAP) project, Italy. Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross Northern Greece, Albania and the Adriatic Sea before coming ashore in Southern Italy to connect to the Italian natural gas network.
Atarfil to invest more than $5M to establish facility in Suffolk
augustafreepress.com 09 Mar, 2017
Atarfil will invest $5.1 million to establish its first U.S. manufacturing and distribution facility in the City of Suffolk, England. The Virginia Economic Development Partnership worked with the City of Suffolk, the Hampton Roads Economic Development Alliance, and the Port of Virginia to secure the project for the Commonwealth. Governor McAuliffe approved a $60,000 grant from the Commonwealth’s Opportunity Fund to assist the City with the project.
Dutch Grid Operator To Invest Euros 25 Billion In North Sea Wind Energy
nltimes.nl 08 Mar, 2017
TenneT plans to invest 25 billion euros into green energy infrastructure on land and sea over the next decade, the company announced with its annual results on 8th March, 2017. One of the company’s plans is building one or more artificial islands on the North Sea to be the connection between the mainland and thousands of wind turbines far offshore. The Dutch company hopes to create a consortium for the establishment of a large electricity node in the middle of the North Sea, hopefully around 2050.
Telenor opens artificial intelligence centre at Norwegian technology institute
domain-b.com 08 Mar, 2017s
Norwegian telecom major Telenor on 7th March, 2017 announced the setting up of a new powerhouse for artificial intelligence (AI) jointly with the Norwegian University of Science and Technology, in Trondheim, Norway named as Telenor-NTNU AI-Lab. The new centre is financed by Telenor with NOK 50 million and the company’s researchers will participate in joint projects at the lab. Lab will be an inclusive and sharing centre.
Shoreline permits for proposed Kalama plant approved
thereflector.com 08 Mar, 2017
Two permits necessary for the development of a proposed $1.8 billion methanol production plant in Kalama, United States are approved late February 2017 by a Hearings Examiner following three full days of hearings in late January 2017. A Shoreline Substantial Development Permit and a Shoreline Conditional Use Permit was granted on 27th February, 2017 for the proposed facility. The plant would use a zero liquid discharge system to reuse all the industrial wastewater.
MAS, Abu Dhabi to set up fintech centre in UAE
straitstimes.com 08 Mar, 2017
The Monetary Authority of Singapore (MAS) will team up with Abu Dhabi Global Market – a global financial centre in the United Arab Emirates – to nurture financial technology entrepreneurship and support financial services innovation. These key technologies include digital and mobile payments, blockchain and distributed ledgers, big data and flexible platforms. The agreement will open up new avenues and create opportunities for fintech firms in Singapore and Abu Dhabi looking to expand into each other’s markets.
Hyperloop One sets up development centre in North Las Vegas news
domain-b.com 08 Mar, 2017
Hyperloop One released on 7th March, 2017, the first images of its development site in North Las Vegas at a rail conference in Dubai, United Arab Emirates. An aerial view of how the construction was progressing at the test site was revealed. At its Apex site in North Las Vegas, the company had built The DevLoop, which is 1,640-feet-long and almost 11 feet in diameter. It will perform a public trial sometime during H1 2017. It would start transporting freight through its tubes by 2020 and people at speeds faster than a jumbo jet by 2021.
Costa Rica to invest US$520mn in wastewater treatment infra
bnamericas.com 08 Mar, 2017
Costa Rica unveiled a US$520mn investment to build and develop wastewater treatment infrastructure, which will serve to complement a new policy on the subject in United States. The authorities are also carrying out feasibility studies on projects for the cities of Playas del Coco, Nicoya, Puntarenas, Jaco, Quepos, Golfito, Puerto Viejo, Moin, and Puerto Limon, which require a combined investment of US$175mn. A US$100mn loan from the German bank KFW and one for US$75 from Central American development bank CABEI to implement different wastewater treatment initiatives are currently in the process of being approved.
Marubeni keen to invest in Ctg LNG terminal
thefinancialexpress-bd.com 08 Mar, 2017
Marubeni Asean Private Limited is keen to invest for setting up a Liquefied Natural Gas (LNG) terminal in Chittagong city, Bangladesh. The terminal would jointly be constructed by Bangladesh Chemical Industries Corporation (BCIC) and Marubeni at the port city and the terminal would be run by importing natural gas from Malaysia. It also expressed interest to invest in fertiliser, paper board, power and LNG sectors in Bangladesh.
Nepal Prez inaugurates spiritual learning centre
business-standard.com 08 Mar, 2017
President Bidya Devi Bhandari inaugurated a spiritual learning centre in Nepal on 8th March, 2017 and it would play a vital role in promoting religious harmony and tourism in the country. Chaudhary Foundation has completed the construction of Shaswatdham in 15 years. The centre houses a Shiva temple, a library, religious museum, Yoga hall and Gurukul for students of Sanskrit language.
TimkenSteel will invest $9M in Eaton facility
pal-item.com 08 Mar, 2017
A steel corporation plans to reinvest in its Preble County factory later 2017, with hopes that the efforts will add 12-14 new jobs at the facility. TimkenSteel, 401 Industrial Drive, recently announced plans to put $9 million into the Eaton facility, allowing it to increase capacity and accommodate operations that previously had been outsourced. The jobs will be computer numerical control machine and manufacturing positions that will be added to help keep costs low and help TimkenSteel ‘control more of the process path’.
Apotex Will Invest $184 Million to Expand in South Florida
bloomberg.com 08 Mar, 2017
Apotex Inc. will spend $184 million to expand its drugs manufacturing facilities in South Florida, United States. The investment, will add space for research and development, manufacturing and packaging, as well as its U.S. headquarters in Miramar, Florida. The Toronto-based maker of generic drugs will continue to operate two existing facilities in Florida. Once completed, the facilities will allow Apotex to develop and manufacture generic versions of pain medication pills and capsules, as well as double its production of transdermal patches.
Missoula hospital to expand advanced cardiology center
nbcmontana.com 08 Mar, 2017
Work has begun on a $2.7 million expansion to the cardiology center at a Missoula hospital, United States. Providence St. Patrick Hospital is working on a major expansion to the International Heart Institute to keep up with rapid growth. The expansion will add 2,800 square feet with six more exam rooms, two procedure rooms, offices and storage. Work is expected to be completed this summer.
Lakeshore Sports Complex To Expand
wsjm.com 08 Mar, 2017
SWM Kickers and the Lakeshore Youth Soccer League are teaming up for the expansion of the Lakeshore Sports Complex on Cleveland Road, United States. The first phase of the expansion is set to get underway this spring to add more soccer fields. When the expansion is complete, there will be 10 baseball and softball fields, one basketball court, five football fields, two lacrosse fields, 32 soccer fields, two sand volleyball courts and a 1.5 mile, 20 station fitness trail and cross country practice course. The overall project cost is $3 million project costs.
ExxonMobil to invest 20 billion dollars to expand manufacturing in Mexico Gulf Coast
news.xinhaunet.com 07 Mar, 2017
ExxonMobil Corporation will invest 20 billion U.S. dollars in a 10-year period to expand its manufacturing capacity in the U.S. part of the Mexico Gulf Coast. Woods detailed that the projects, at 11 proposed and existing sites, are expected to generate thousands of new high-paying jobs and 20 billion dollars in increased economic activity in the U.S. states of Texas and Louisiana. Investments are expected to continue through at least 2022.
OVL submits $3 bn new development plan for Farzad-B field
moneycontrol.com 07 Mar, 2017s
ONGC Videsh has finalised an over USD 3 billion master development plan for the coveted Farzad-B gas field off Iran and is likely to wrap up a deal by September 2017. The new plan, filed with Iranian Offshore Oil Company (IOOC), excludes liquefaction facilities to turn the gas into LNG for ease of shipping to nations like India. The project has so far cost the OVL-led consortium, which also includes Oil India and Indian Oil Corp (IOC), over USD 80 million.
Oranto Petroleum to invest $500m in South Sudan’s oil block
explorationanddevelopment.energy-business-review.com 07 Mar, 2017
Oranto Petroleum is set to invest around $500m to develop Block B3, which covers an area of about 25,150 sq. kms, in South Sudan, Africa. The company has entered into an exploration and production sharing agreement (EPSA) with the South Sudan’s government to develop the block, which is part of Block B. The company will also study the data collected from the government and previous operators. Oranto is the technical operator with 90% stake in the block, while Nilepet owns the remaining 10% interest.
Kroger to invest $60M in NKY distribution center, will employ 100
cincinnati.com 07 Mar, 2017
Kroger will invest $60 million into a new distribution center that will service the eastern half of the country once it opens later 2017. The Downtown Cincinnati-based supermarket giant has inked a deal to buy a newly constructed 674,000 sq. ft. facility located on Mount Zion Road, Florence, Boone County, United States. The purchase price was not disclosed for the center, which must be further developed and equipped.
Honda to invest $100 million in Georgia plant
aic.com 07 Mar, 2017
Honda plans to invest $100 million in a new assembly line and other production changes at its transmission factory in Tallapoosa, United States. The Japanese company makes 10-speed automatic transmissions at the plant, Honda Precision Parts of Georgia. The new assembly line will make a transmission that will be placed first in the higher-priced versions of the 2018 Honda Odyssey minivan, then included in light trucks and other car models. The company also announced it will invest $49 million in its transmission facility in Russells Point, Ohio.
PSEG announces plans to invest $15 billion in energy infrastructure
dailyenergyinsider.com 07 Mar, 2017
Public Service Enterprise Group (PSEG) plans to invest approximately $15 billion over the next five years in its energy infrastructure and reaffirmed its 2017 earnings guidance of $2.80 to $3.00 per share. PSEG expects the utility to make up approximately two-thirds of its non-GAAP operating earnings in 2017. PSEG Power plans to use funds generated by its plants, including three combined-cycle gas plants in the PJM and New England markets, to fund expanded investment.
Sharp to Invest $878 Million in OLED Production Expansion
iclarified.com 07 Mar, 2017
Sharp is planning to invest $878 million to expand OLED production as Apple looks to use the display technology in all its iPhones by 2019. Osaka-based Sharp hopes to make at least 30,000 display-panel sheets a month at its Japanese factories starting 2018. That will require about ¥100 billion in investment & up 74% from a plan disclosed September 2016 to spend ¥57.4 billion on small-scale OLED production lines by June 2018.
FirstEnergy to invest in distribution and transmission infrastructure projects in 2017
worldpipelines.com 07 Mar, 2017
FirstEnergy Corp. expects to invest about US$135 million in 2017 on distribution and transmission infrastructure projects to help enhance service reliability for its customers in Potomac Edison’s service area in western Maryland and the Eastern Panhandle of West Virginia, United States. Major projects scheduled for 2017 include transmission enhancements to reinforce the system and support economic growth, constructing new distribution circuits, and inspecting and replacing utility poles and underground cables.
Evergreen Health opens expanded downtown facility
buffalonews.com 07 Mar, 2017
Evergreen Health Services is opening its newly expanded base and health care facility in downtown Buffalo this week, marking the completion of a $13.9 million project that nearly doubled its office and clinical space on South Elmwood Avenue. The health care provider on 9th March, 2017 will formally unveil the five-story, 33,000 sq. ft. addition to its Evergreen Center, located at 206 S. Elmwood, at the corner of West Chippewa Street, United States.
BeiGene and GDD Build Biologics Facility in China
pharmtech.com 07 Mar, 2017
BeiGene Co., Guangzhou Development District (GDD), and its affiliate Guangzhou GET Technology Development Co., entered into a definitive agreement to establish a commercial-scale biologics manufacturing facility in Guangzhou, Guangdong Province, China on 7th March, 2017. BeiGene Biologics will provide funding for research and development of biologic drug candidates in China. The companies said total direct investments are expected to be RMB2.2 billion ($330 million).
SolarReserve to build 450MW solar facility in Chile
power-technology.com 07 Mar, 2017
SolarReserve has received environmental approval from the Government of Chile to build a 450 MW base load solar facility in the country. To be built in the Tarapaca region, the Tamarugal Solar Project will use the company’s solar thermal energy storage technology and comprise three 150 MW solar thermal towers. With 5.8 GWh of total energy storage capacity, the facility will operate at an availability percentage equal to that of a coal fired power plant.
Plastic Omnium invests $300 million in the United States
finance.yahoo.com 07 Mar, 2017
Plastic Omnium has begun the construction of two new manufacturing facilities in the United States. The company will have invested $300 million and added nearly 1,000 jobs in its four facilities once construction is completed in 2018. The new Greer facility will be Plastic Omnium’s pilot “4.0 plant,” designed to further improve industrial processes, quality, automation, standardization and competitiveness of new manufacturing facilities.
Texchem invests RM74mil to boost performance
thestar.com.my 06 Mar, 2017
Texchem Resources Bhd plans to spend RM74mil for existing and new businesses in 2017 to boost the company’s performance. It plans to set up a RM20 mil hybrid garoupa farm in Vietnam, near the Mekong Delta area. The other RM 10mil is for expanding the barramundi farm in Labutta, Myannmar. Additional investment will be needed in the aquaculture business. On its restaurant division, it would invest RM27mil to expand the Sushi King, Yoshinoya, and Hanamaru outlets.
Upgrading wheat storage facility
dawn.com 06 Mar, 2017s
The Punjab Food Department plans to build high-tech silos for 2m tonnes and modernise its wheat storage system-from bag to bulk. As the plan goes, 200 silos of 10,000 tonnes capacity each would be built near farms. Individual investors, with the technical help of the USAID, would build the silos and the Punjab government would take them on renewable10-year lease. The silos, having a technical life of 25 years and constructed on BOO (build, operate and own) basis.
Malindi Aiport to get Sh1.5 billion expansion budget
the-star.co.ke 06 Mar, 2017
Malindi Airport will receive an allocation of Sh. 1.5 billion in the 2017/2018 financial year to implement the ongoing expansion works of the facility to international Standards in Kenya. The airport got Sh. 438 million in this financial year which ends in June. Kenya Airports Authority has projected the grand expansion plans of the airport shall cost a tune of about Sh. 6.6 Billion in long term to reach the international status.
Abu Dhabi to Build World’s Largest Solar Power Plant
financialtribune.com 06 Mar, 2017
Abu Dhabi’s government-owned power utility aims to close a financing package for a 3.2 billion dirham solar power plant in April 2017. Abu Dhabi Water & Electricity Authority (ADWEA) has selected a consortium of Japan’s Marubeni Corp and China’s JinkoSolar Holding to build and operate the 1,177 megawatt plant. The plant, to become operational in 2019, will be funded 25% by equity and 75% by debt. A special-purpose company would be formed to operate the project; ADWEA would own 60% of the company while Marubeni and Jinko would hold 40%. Power generated would be sold to Abu Dhabi for 25 years.
New Adelaide Hospital to open soon
au.news.yahoo.com 06 Mar, 2017
The $2 billion new Royal Adelaide hospital has 800 beds, all of them in single rooms, with about one in eight suited to obese or disabled patients in Australia. There is a helipad on the roof and a set of “hot lifts” below it that can send patients from the landing pad straight to the emergency department. After technical completion the hospital will enter a 90-day testing period before being officially handed over to the government and take its first patients.
Uhuru to commission Othaya hospital this year
nation.co.ke 06 Mar, 2017
Construction of the Sh1 billion Othaya Level Four Hospital in Uhuru, Kenya will be completed in April, 2017. The hospital is expected to commission in May 2017. The construction is in advanced stages. The national government is in charge of the construction but will transfer management rights to the county’s administration when it is completed.
Nestle Considering to Setup Manufacturing Plant in Ethiopia
2merkato.com 06 Mar, 2017
Nestel is considering to establish a manufacturing plant in Ethiopia within the coming years. However, final decision for the investment has not yet been made. It is now working to start a packaging unit for its dairy products as a way of testing the waters.
Aero Vision to invest RM53mil in MRO facility at Senai airport
thestar.com.my 06 Mar, 2017
Aero Vision Asia Sdn Bhd is expected to invest up to RM53mil to develop an integrated maintenance, repair and overhaul (MRO) facility at the Senai Airport Aviation Park (SAAP), Kulai District, Johor, Malaysia. The first phase of the project entailed a RM25mil investment to develop an MRO facility on a 1.34ha site at the airport. The facility is set to begin operation by theQ3 of 2018. The company has the option to expand its MRO facility and is expected to invest another RM28mil to develop it in the vicinity of the airport on yet another 1.34ha. It is expected to be completed by the Q4 2019.
Eta-Zuma Group to invest $6bn in electricity generation and supply
ecofinagency.com 06 Mar, 2017
Eta-Zuma Group West Africa Limited plans to invest $6bn to boost electricity generation in Nigeria. The company plans to boost power supply in the country by 1, 600 MW of which 1,200MW would be generated from coal, which is already being mined by the company in Kogi State. The remaining 400MW would be generated from gas. 90% of the work in development stages had been completed, the remaining agreements would be completed before the year runs out to enable the commencement of the actual construction of the coal-power-plant.
Tsingshan to Invest $5b in Morowali Carbon Steel Planti
jakartaglobe.id 06 Mar, 2017
Tsingshan Holding Group plans to build a carbon steel factory capable of processing 4 to 5 million tons of the alloy per year at its facility in Central Sulawesi, Indonesia. The project, which is estimated to cost between $4 billion and $5 billion.
Bon Secours group invests €21m in Limerick after Barringtons takeover
limerickleader.ie 06 Mar, 2017
THE BON Secours group is set to invest another €6 million in Barringtons’ hospital in Limerick city, Ireland within the next 12 to 18 months. The hospital has now been named Bon Secours Hospital Limerick at Barringtons.
Qatar- IQ to expand chemical & petrochemicals businesses
menafn.com 05 Mar, 2017
Industries Qatar (IQ) is working to further expand its operations, especially in the chemical and petrochemical sectors. It is currently studying plans for the expansion in future for the chemicals and petrochemicals businesses.
LR sewage treatment plant proposed
thy11.com 05 Mar, 2017
A controversial proposal to build a sewage treatment plant near Lake Maumelle, US goes before the Little Rock city board again. Developers have been asking for permits for three years. They want to build it just outside the city limits on Highway 10 near Nowlin Creek.
China to invest 800 bln yuan in railway construction
ecns.cn 05 Mar, 2017
China plans to invest 800 billion yuan in railway construction and 1.8 trillion yuan in highway and waterway projects in 2017. Construction on another 15 major water conservation projects will begin, and work on major rail transport, civil aviation, and telecommunications infrastructure projects will be sped up.
Mahindra & Mahindra expands overseas tractors and farm machinery business
thehindubusinessline.com 05 Mar, 2017s
Mahindra & Mahindra is expanding the international play for its tractors and farm machinery business, targeting to earn 50 percent of the revenues from the overseas market in the next two years. The company has identified a few top markets where it would like to be present through manufacturing or sales and distribution set up. These markets are North and South America, China, Japan and Turkey. In Brazil, M&M has set up a factory in Porto Alegre from where it plans to launch new portfolio of tractors.
Zimbabwe to invest $150 million in the agriculture sector
bulawayo24.com 05 Mar, 2017
Zimbabwe is moving to ban the import of farm produce as it looks at investing close to $150 million in the agriculture sector. To date, Treasury has made a provision of $62 million for the purchase of grain while the Agricultural Marketing Authority (Ama) has been targeted to raise $80 million under command agriculture.
Eagle Cement building P12.5 B cement plant in Cebu
philstar.com 04 Mar, 2017
Eagle Cement Corp. is building a P12.5 billion cement plant in Cebu, Philippines and will use part of the proceeds of its planned initial public offering (IPO) to finance the two million metric ton capacity project. The completion of the Cebu cement plant will be financed through a combination of the net proceeds of the offer, debt funding and internally generated funds. Construction of the plant is expected to commence within Q4 2017 and is targeted to be completed by Q1 2020.
Jambi to build hazardous waste disposal facility
Thejakartapost.com 04 Mar, 2017
The Jambi administration, Indonesia is planning to build a hazardous and toxic waste (B3) disposal facility, which it has included in its regional regulation draft (Ranperda) on the management of B3 waste. The Ranperda had been submitted to the Jambi Legislative Council (DPRD). Administration would build the B3 waste disposal site inside the Talang Gulo landfill facility, which covers 10 hectares of area.
PLN starts work on power distribution facility in Bekasi
Thejakartapost.com 04 Mar, 2017
PLN has kicked off the construction of an Rp 850 billion facility to distribute electricity in Jakarta and Bekasi, West Java, Indonesia. The high-voltage gas insulated substation would produce 500 kV of electricity upon completion in mid 2018. Located on a 5.3 hectare plot of land in Rawalumbu, Bekasi, the facility will use gas insulated switchgear developed by PT Siemens Indonesia.
Tri-County Behavioral Healthcare opens new facility in Conroe
itemonline.com 04 Mar, 2017
Tri-County Behavioral Healthcare announced the grand-opening ceremony of its consolidated service facility in United States. The event will be held at the new building, located at 233 Sgt. Ed Holcomb in Conroe. The new service location, with more than 90,000 square feet of office space, will be used to provide services to people with intellectual and developmental disabilities, people with mental illnesses and people with substance use disorders. The building was designed by Identity Architects. Services will start at the new location on 27th March, 2017.
New Jack Pine Brewery facility to open in May
brainerddispatch.com 04 Mar, 2017
BAXTER is ready to open new Jack Pine brewery in May 2017. The new location opens this spring on Edgewood Drive, Baxter, United States. The new 7,400 sq. mtrs brewery located just south of Arrowwood Lodge at Brainerd Lakes, will allow for an increase in annual production from 900 barrels to 2,000-the equivalent of 27,600 cases of beer. When Jack Pine Brewery originally opened it had four taplines; the new taproom will have 26.
RedHawk to expand at LSU Innovation Park
isunow.com 04 Mar, 2017
RedHawk Holdings Corp. will be expanding its medical device warehouses and administrative offices to the LSU Innovation Park, Baton Rouge, United States. It is looking to expand in the Middle East, Latin America and the United States. The park has provided the opportunity for RedHawk to launch its business and provide help for getting its licensed products to the marketplace.
Netherlands: Biogas upgrading expansion for plant
endswasteandbioenergy.com 03 Mar, 2017
Host has revealed a contract to turn biogas into biomethane at a wastewater treatment plant in Vlaardingen, Netherlands. The expansion has been ordered by Delfland. The plant’s generation system will be replaced by a new biogas upgrading plant housed in a 40ft long container. The first biomethane from the facility is due to be fed into the grid from October 2017.
Kola nuclear power plant up for large-scale modernization
thebarentsobserver.com 03 Mar, 2017
Reactor No. 3 at Kola nuclear power plant, Russia was shut-down this week and will not be switched on again before the end of April 2017. Preventative maintenance will be carried out during the 50 days period. Later on, also reactor 1 and 2 will be disconnected from the grid as a part of Kola nuclear power plant’s work to prolong the life-time period of the reactors. With the repair and modernization now to be carried out, the oldest reactor will be allowed to operate until 2033.
Mumbai University to set up offshore campus in US
economictimes.indiatimes.com 03 Mar, 2017
The Mumbai University is going to set up an offshore campus in the US. A direct presence in the US will help the University to form more associations and tie-ups with the institutes. It can offer more international courses.
JinkoSolar to build solar plant in Abu Dhabi
chinadaily.com.cn 03 Mar, 2017s
JinkoSolar Holdings Co Ltd will join force with Japan’s Marubeni Corporation and the Abu Dhabi Water and Electricity Company (ADWEC) to develop photovoltaic power plants in Abu Dhabi. The Sweihan project, a 1,177MW (DC) PV power plant in Abu Dhabi, United Arab Emirates under a 25-year power purchase agreement. A special-purpose company jointly owned by the three companies, with JinkoSolar accounting for 20 percent, Marubeni 20 percent, and Abu Dhabi Water and Electricity Authority (ADWEA) 60 percent, are responsible for the construction, operation and maintenance of the PV plant. The power generated will be sold to ADWEC for 25 years under the power purchase agreement.
SCL Health Opens New Satellite Healthcare Facility In Aurora, Colo.
finance.yahoo.com 02 Mar, 2017
SCL Health has opened a new satellite emergency center in Aurora, Colorado. The 37,000-square-foot, two-story facility at 23770 E. Smoky Hill Road is part of SCL Health Community Hospital – Westminster. SCL Health built the Westminster hospital and Aurora facility, along with two community hospitals in Littleton and Northglenn, through a joint venture with Emerus. All are developed and owned by Duke Realty.
Beximco eyeing to install LPG-based power plant
dhakatribune.com 02 Mar, 2017
Beximco Group is planning to set up a Liquefied Petroleum Gas (LPG) based power plant in Dhaka. On 26th February 2017, a letter signed by the group was sent to the Power Development Board (PDB), requesting the latter to arrange a meeting in this regard. It is planning to introduce LPG, as a new type of fuel, in power generation with the support of its US-based technical partner General Electric (GE).
QNCC to commission two cement mills H1 2017
constructionweekonline.com 02 Mar, 2017
Qatar National Cement Company (QNCC) will commission two cement mills of Plant 5 for the H1 2017 to increase the production capacity by 5,500 TPD. Construction of the Plant 5 would be completed during the H2 2017.
WISeKey to set up Blockchain/IoT Center of Excellence in Rwanda
econotimes.com 02 Mar, 2017
WISeKey International Holding announced its partnership with the Republic of Rwanda in order to establish a Blockchain/IoT Center of Excellence in Rwanda. The proposed Center of Excellence will set up a ‘Trusted Blockchain-as-a-Service’ platform in a move to enable the building of blockchain ecosystem. The Rwanda Blockchain/IoT Center of Excellence will be conducting research, rapid pilot prototyping, co-creation of use cases and IP creation on blockchain and its platforms.
Work on TAPI pipeline to begin in Pak tomorrow
outlookindia.com 02 Mar, 2017
The work on the long-awaited 1,680 km Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline will start in Pakistan on 4th March, 2017. The route survey, detailed engineering and feasibility study, which will be conducted by a consultant are required to be undertaken before building the gas pipeline. The project management consultant will first undertake the survey and study in Pakistan and then extend its scope to Afghanistan. Tapi Company has awarded project management contract to German firm ILF. According to the agreement, Turkmenistan will invest around USD 25 billion to deliver 3.2 billion cubic feet of gas per day (bcfd) to energy-hungry Afghanistan, Pakistan and India.
Russia to invest $43 bln in Europe-Asia transport corridor
rbth.com 02 Mar, 2017
The Russian government plans to invest $43 billion to upgrade its railway infrastructure in order to benefit from growing freight traffic between China and Europe. Within the framework of the Eurasian Economic Union (EAEU), it has the possibility of implementing major infrastructure projects in Russia worth $43 billion in the next 5 years. The investment is meant for reconstruction and upgrading of Russia’s major transport projects such as the Baikal-Amur Mainline, the Trans-Siberian Railway and connectivity projects to the Baltic and Black seas.
Indy Fuel owners plan $20 million Greenwood Iceplex
ibj.com 02 Mar, 2017
Indy Fuel plans to build a $20 million hockey and ice-skating facility in Greenwood. A 115,000-square-foot Greenwood Iceplex would be built on six acres in Freedom Park, south of Smith Valley Road between State Road 135 and U.S. 31 South, Indiana. The Greenwood Iceplex is expected to feature two ice rinks, two turf fields that can be converted to two additional ice rinks, a fitness and training facility, locker rooms, retail space and a food-service area.
IFC, AMC invest $100m in Orazul Energy to support clean energy in Latin American
cleantechnology-business-review.com 02 Mar, 2017
IFC and the IFC Global Infrastructure Fund (GIF) are investing $100m in I Squared Capital-owned, Orazul Energy, to support low carbon and clean energy transitions in the Latin American region. IFC and GIF have invested in assets in Argentina, Chile, Ecuador, and Peru with over 1.6GW of installed capacity from hydropower and thermal generation, 730 kilometers of transmission lines, and natural gas processing facilities.
Swiss-Based Group to Invest $251M in NC Plant Expansion
cpexecutive.com 02 Mar, 2017
Alevo will launch a major expansion at its facility in Cabarrus County. The company will invest $251 million in additional manufacturing operations in Concord, North Carolina. The property has 2.5 million square feet. The Concord location is Alevo’s first U.S. manufacturing site, where the rechargeable GridBank Lithium-Ion battery storage system is made. When the manufacturing facility is at full capacity, it has the potential to produce 16.2 GWh of Alevo batteries annually.
SBI expanding operations in India’s immediate neighbourhood
economictimes.indiatimes.com 02 Mar, 2017
The State Bank of India is expanding operations in India’s immediate neighbourhood. It has just opened a new branch in Myanmar and it has upgraded it branch in Seoul. The SBI has a large presence in Singapore and a banking joint venture in Indonesia.
Auto supplier to open $10.4M facility near Birmingham
wrcbtv.com 02 Mar, 2017
A Spain-based automotive supplier plans to build a manufacturing facility in at the Jefferson Metropolitan Park in McCall, Jefferson County, US. Grupo Antolin plans to invest nearly $10.4 million in the facility. Antolin Alabama Inc. will begin construction in March 2017. Grupo Antolin designs and manufactures interior components for automakers, including doors, seats, lighting fixtures, cockpits and trim.
dnata opens new airside cargo facility in Australia
aircargoworld.com 02 Mar, 2017
dnata has opened a new airside cargo facility at Adelaide Airport, Australia. The 1,500 sq. mtrs facility has the capacity to handle up to 80 tonnes of cargo per day, a significant upgrade from dnata’s old 400-square-meter off-airport facility.dnata-Opening-Adelaide-1.
Ottawa to provide $70 M to McGill for research-facility upgrades, energy-saving renovations
mcgill.ca 02 Mar, 2017
The Government of Canada announced in Montreal that McGill University and two of its affiliated hospitals will receive $70.7 million through the Post-Secondary Institutions Strategic Investment Fund, for upgrades to research facilities and energy-saving renovations. The Quebec government will provide an additional $5.1 million toward the cost of the work. The budgets for these nine projects, including two at the Jewish General Hospital and the McGill University Health Centre, total $204.2 million.
Merck KGaA opens new biophamaceutical facility in Germany
thephamraletter.com 02 Mar, 2017
Allergopharma has opened a major new biopharmaceutical production facility near Hamburg, Germany. The factory, which covers 6,000 square meters, was built with the potential for extension to accommodate further filling lines.
PPG opens new topcoat production line at Wuhu facility
just-auto.com 02 Mar, 2017
Paint supplier PPG has celebrated the completion of a new US$19m waterborne and high-solids coatings production line at its Wuhu factory in Anhui province, China. The new facility adds process advancements and a higher degree of automation.
Tereos opens new production unit in France
foodprocessing-technology.com 02 Mar, 2017
Tereos has opened its new unit that produces food products using plant proteins. The new unit has been established at Tereos Marckolsheim site in Alsace, a region located in northeastern France. Tereos is reported to have made multiple research advances in the optimisation of plant proteins.
Nestle opens gluten free production facility in New Zealand
foodprocessing-technology.com 02 Mar, 2017
Nestle has opened its new multi-million-dollar facility located Nestlé’s Cambria Park factory in South Auckland, New Zealand, which will be engaged in the production of gluten free food products, and also provide a new platform for exporting Maggi and Docello food service brands.
Tlou Energy and IPC to develop 100MW CBM power plant in Botswana
power-technology.com 02 Mar, 2017
Tlou Energy and UK firm Independent Power (IPC) have signed an agreement to jointly develop the proposed 100MW Coalbed methane (CBM) power project (IPP Project) in Lesedi, Botswana. A request for proposal (RFP Tender) has been issued to Tlou by the Ministry of Mineral Resources, Green Technology and Energy Security (MMRGTES) for tender and development of the power plant at the Lesedi CBM project. Under the agreement, Tlou and IPC will finalise work on a detailed proposal for submission to MMRGTES to supply CBM power in modular stages. The IPP Project will receive gas from Tlou’s Lesedi CBM project in Botswana.
Myoderm opens new UK clinical distribution facility
pharmabiz.com 01 Mar, 2017
Myoderm has announced the opening of its new UK headquarters. The state-of-the-art, fully licensed warehouse is designed for the storage and distribution of commercial drugs in ambient, refrigerated, and controlled environments. Dedicated rooms within the warehouse will facilitate secondary labeling, as well as site and patient kit assembly.
Modular Bioprocess Facilities Expanding Capacity in China
genengnews.com 01 Mar, 2017
Modular bio processing can support quality production by building-in key quality production aspects into the facility or production equipment. This can reduce the need for technical expertise and improve overall access to capacity. With modular, factory-built units that are final assembled on a customer site, a KUBio facility, China can be fully operational in 18–24 months.
Noribachi Opens Northern California Facility
ledinside.com 01 Mar, 2017s
Noribachi announced the opening of its new Northern California office at Oyster Point, South San Francisco, United States. The Bay Area expansion is driven by demand for the company’s next generation industrial LED lighting and digital display products. The company’s headquarters and manufacturing facility remain in the Los Angeles area.
Allergan to invest €42m in its Irish operations
rte.ie 01 Mar, 2017
Allergan has confirmed an additional investment of €42m in its Irish operations for 2017. The company’s investment in 2017 across its Clonshaugh, Ireland and Westport, United States operations will support increased manufacturing capabilities for some of its key current and future products.
Lawrenceville breaks ground on new $20M public works facility
aic.com 01 Mar, 2017
Lawrenceville broke ground on 28th February, 2017 at the site of its new Public Works facility on West Pike Street, Georgia. The total investment of the project is estimated to be around $20 million. Croft and Associates will begin prep of the site in March 2017. Construction will be completed by Reeves Young, with architectural design competed by Precision Planning and an intersection being added to Pike Street by E.R. Snell Contractor Inc. Facility operations to be housed out of the new site include electric, gas, damage prevention, fleet maintenance and streets and sanitation services. The new facility is being completely funded through public investment with the use of bonds and is scheduled for completion in early 2018.
Versum Materials expands Allentown manufacturing facility, adding jobs
mcall.com 01 Mar, 2017
Versum Materials Inc. is expanding its manufacturing operations in south Allentown. The expansion involves several hundred thousand dollars in capital improvements that are scheduled to be completed in the spring at the facility, which is at 1919 Vultee St., near Queen City Airport, United States. The products it makes in Allentown – ultra-high purity specialty gas equipment and chemical delivery equipment – are used principally in the semiconductor industry.
Tulip Molded Plastics Corp. moves to $11.7 million facility
buffalonews.com 01 Mar, 2017
A plastics manufacturing plant in Niagara Falls that has once threatened to move to Indiana has completed an $11.7 million expansion that will keep it on Highland Avenue, United States. Tulip Molded Plastics Corp.’s 82,500-square-foot facility will replace its 113-year-old factory and house a streamlined version of the company’s thermoplastic injection molding operation. The new building is 42,500 square feet smaller than the old factory, which is located next door on the site of the former Prestolite battery plant.
Investec signs R100m facility with rooftop solar project developer
engineeringnews.co.za 01 Mar, 2017
Investec Bank has, through its power and infrastructure finance (PIF) division, signed a R100-million term facility to fund Mettle Solar Investments’ current and future portfolio of commercial rooftop solar installations in sub-Saharan Africa. Mettle Solar develops, finances, builds, operates and maintains rooftop solar photovoltaic systems ranging in size from 5 kW to 100 kW. Mettle Solar had, to date, installed more than 11.2 MW of rooftop solar projects, with a further 9.8 MW of installations planned over 2018.
Gibela restarts work at Dunnottar facility
businesslive.co.za 28 Feb, 2017
Gibela Rail Transport Consortium has restarted construction work at the R1bn train manufacturing facility at Dunnottar, Ekurhuleni, South Africa. The Gibela consortium has a contract with the Passenger Rail Authority of SA (Prasa) to build 600 commuter trains. The contract runs until 2023.
Dyson to expand its UK research facility
cnet.com 28 Feb, 2017
Dyson announced plans to build a second research center a few miles down the road from its current headquarters in Malmesbury, in the west of England on 28th February, 2017. The new facility will occupy 517 acres in nearby Hullavington. This investment will boost its presence in the UK by a factor of 10. It plans to begin work on the new UK facility next week and complete it by the end of 2017.
State awards $10 million loan to invest in affordable housing
crainsdetroit.com 28 Feb, 2017
The United States has approved up to $10 million in loans to help develop more affordable housing in Michigan. The Michigan Strategic Fund board on 28th February, 2017 approved the loan for the Michigan Community Capital Fund to invest in what the Michigan Economic Development Corporation. The capital fund is expected to use the money to invest in three to five such projects across the United States. Those affordability requirements will have to stay in place for 60 months – five years – or the length of the fund’s investment in a project.
Phongsavanh Group prepares to invest in Thailand
nationmultimedia.com 28 Feb, 2017
The Phongsavanh Group plans to expand its business cooperation and investment in Khon Kaen province, Thailand, as part of integration within the Asean Economic Community (AEC). In the tourism sector, officials from Phongsavanh Bank and Khon Kaen Zoo signed an agreement, planning to offer discounts for Lao nationals visiting the zoo. The Group signed a Memorandum of Understanding (MoU) with Isaan Piman at the E-San Industrial Fair 2017 in Khon Kaen. The MoU will allow Phongsavanh to conduct a feasibility study on condominium investment in the province.
SunPower begins construction on 56MW power plant in Oregon
pv-tech.org 28 Feb, 2017
SunPower has started construction work on the 56MW Gala Solar Power Plant in Crook County, Oregon, US on 27th February, 2017. The installation will be completed by the end of 2017. National construction firm Moss has been named as the general contractor for the project.
P321-M coconut processing plant to rise in Palawan
business.inquirer.net 28 Feb, 2017s
Lionheart GPPAC Farmers Corp. will soon build a P321-million coconut processing plant integrated with a hybrid coconut plantation in Palawan, Philippines. In its first year, the company would develop 2,400 hectares of hybrid coconut plantation, eventually expanding it to 4,600 hectares. To date, the firm has planted 100,000 hybrid coconut trees. The firm would produce virgin coconut oil at 883,200 kilograms (kg) annually, coconut flour at 76,800 kg, and tender green coconuts at 50.6 million units.
Tata Housing expands its presence in the Republic of Maldives
econoictimes.indiatimes.com 28 Feb, 2017
Tata Housing had launched two high-end property developments at Odeon and Nadhee, Maldives on 28th February, 2017. Luxa One at Odeon will be the first project is spread across 10000 sq. ft. comprising of 54 luxury, 3 Bed apartments in Male furnished with rooftop amenities such as swimming pool, kids play area, etc. Nadhee is built across 21000 sq. ft., will comprise 72 luxury, 3 Bed apartments also with related retail areas and dedicated four-wheeler car parking for each unit.
Honda to Invest $360m in Indonesia by 2022
jakartaglobe.id 28 Feb, 2017
Honda Prospect Motor will invest $360 million over the next five years in Indonesia to expand its engine, frame and polymer injection production line capacity at its plant in Karawang, West Java. The company predicts that its engine line production capacity will increase to 300,000 units by 2022, up from the current 225,000, while its frame manufacturing line is expected to churn out 180,000 units per year. Polymer injection production should also increase to 4,200 shots per year from the current 2,800.
John Robertson & Sons Hamcurers invest £3m in new Ayrshire plant
dailyrecord.co.uk 28 Feb, 2017
John Robertson & Sons Hamcurers has invested £3 million adding a second meat processing site in Ayrshire, Scotland. The abattoir and meat processing group, has opened a new meat processing unit in Irvine. The 36,000 sq ft unit was renovated inside the existing shell of the building by specialist contractors KDH Projects.
Starbucks Roastery coming to Milan in 2018
indiaretailing.com 28 Feb, 2017
Starbucks Coffee Company has announced its newest 25,500-square-foot Roastery location on Piazza Cordusio in Milan, Italy with a dramatic unveiling of the building prior to its remodel. Set to open in late 2018. The company’s ongoing investment in the premium Reserve brand, including opening 20-30 Roastery locations around the world, over time. The company has announced additional Roastery locations coming to Shanghai in 2017 and New York as well as Tokyo in 2018.
Munters to invest $2.5 million to expand manufacturing operation in Buena Vista
augustafreepress.com 28 Feb, 2017
Munters Corporation, a manufacturer of energy recovery systems, dehumidification systems and custom air handling equipment, will invest $2.5 million to expand and upgrade equipment at its manufacturing operation in Buena Vista, Virgina.
Facility to be built in Western Kentucky county, creating 50 jobs
wbko.com 28 Feb, 2017
The Kentucky Department for Local Government has approved a $970,000 block grant for the development of a 75,000-square-foot facility in Henderson County run by Hansens Aluminum. The company has invested $18 million for the acquisition of land, construction and equipment for the facility in the Henderson Riverport Industrial Area, US. The company exports machined products to the auto industry around the world
Construction of new Newbury hotel gets underway
newburytoday.co.uk 27 Feb, 2017
Construction work of the new Premier Inn hotel starts, next to the Travelodge on the corner of London Road and Park Way, Newbury, UK. Scheduled for completion in 2017, the 100-bedroom, part three-, part five-storey budget hotel.
Afghanistan signs contract for $113 million Ghazni-Kandahar power project
khaama.com 27 Feb, 2017
A contract worth $113 million for Ghazni-Kandahar power project, Afghanistan is signed between the State Power Company, Da Breshna Sherkat, and an Indian firm, KEC International. The project is part of the 500kV Turkmenistan power project and will include a 220kV transmission line from Ghazni to southern Kandahar province. The project will be built with the financial support of United States Agency for International Development.
Saudi Aramco to invest $7 billion in Petronas’ RAPID oil refinery
business-standard.com 27 Feb, 2017
Saudi Aramco will invest $7 billion in an oil refinery and petrochemical project in Johor, Malaysia. Petronas and Saudi Aramco are scheduled to sign the agreement on 28th February, 2017
Nunner Logistics Open New Warehouse Facility in the Netherlands
ajot.com 27 Feb, 2017
Nunner Logistics opened a state of the art warehouse facility in Venlo, Netherlands, close to the German border in January 2017. The brand-new warehouse measures 20,000sqm.
DOE wants to convert Malaya thermal plant into LNG facility
lngindustry.com 27 Feb, 2017
The Department of Energy (DOE) has said that the winning bidder of the 650-MW Malaya Thermal Power Plant Complex should convert the power asset into a LNG plant, situated in Pililia, Rizal province, Philippines. Four companies have expressed interest to participate in the auction. APT Global Inc., Phinma Energy Corp., Riverbend Consolidated Mining Corp. and AC Energy Holdings Inc. submitted letters of interest. Their bids will be evaluated in preparation for the auction set on 8th March, 2017.
Work gets underway to build QMC tram walkway
nottinghampost.com 27 Feb, 2017
Construction of a £1.4m bridge linking the Queen’s Medical Centre (QMC) tram stop to the hospital is to begin following a ‘groundbreaking’ ceremony on 27th February, 2017 in UK.
Survitec opens new Cairns facility
marinebusiness.com.au 27 Feb, 2017
Survitec Group Australia has expanded its operations in Queensland by establishing a new service facility in Cairns. Operating from a 430 sq. mtrs site, the new facility adds to Survitec’s service network throughout Australia in support of brands such as RFD, DSB, Zodiac, Plastimo and Crewsaver.
Bangladesh opens first solar-powered food warehouse
energy.economictimes.indiatimes.com 27 Feb, 2017
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Bangladesh ‘s first solar-powered food warehouse with a capacity of 25,000 tonnes of grain has been inaugurated in the northern part of the country on 26th February, 2017. The modernized, multi-storey warehouse has been built with financial and technical support from Japan.
Orion Pharma borrows $34m from Germany for expansion
thedailystar.net 27 Feb, 2017
Orion Pharma has recently signed a deal with Germany’s leading private lender BHF-Bank to borrow over $34 million to partially finance the purchase of a new plant and machinery to expand its existing production facilities. The interest rate for the loan will be LIBOR plus 2.15 percent.
Major Upgrade to Wastewater Plant Opened, Under Budget
scoop.co.nz 27 Feb, 2017
Queenstown’s new state-of-the-art wastewater treatment plant, Project Shotover has been opened on 27th February, 2017. The new biological nutrient removal plant uses bacteria to transform the organic material in wastewater into simple substances that will not decompose further, resulting in a much cleaner end product.
South east Australia on track for new gas supplies
australianmining.com.au 27 Feb, 2017
APA Group has signed a Heads of Agreement (HoA) with Cooper Energy for the development of Gippsland Basin gas projects bringing new gas supply sources to south east Australia. Under the agreement, APA is set to acquire, operate and upgrade of the Orbost gas processing plant in Victoria, while Cooper Energy will develop the offshore Sole gas field. The agreement helps streamline the Sole gas project; separating funding, development and operating responsibilities for the gas processing infrastructure and upstream elements. APA will fund all capital approximately $250 million related to the plant’s expansion and upgrade, processing natural gas from the Sole Gas project. Cooper Energy will fund all capital around $355 million associated with the Sole gas project, including the subsea infrastructure, all drilling activities, offshore pipeline and associated shore crossing. The companies will also enter another agreement for the processing and delivery of gas by APA to the market.
Sanofi and Lonza to build new $285 million Swiss biologics facility
reuters.com 27 Feb, 2017
French drugmaker Sanofi and Swiss manufacturer Lonza will invest $285 million in a new large-scale biologics facility that will produce monoclonal antibodies by 2020. Pending regulatory approvals, the facility which will be established through a 50-50 joint venture will be located in Visp, Switzerland.
Australian Firms to Invest US$5bn in Indonesia
en.tempo.co 27 Feb, 2017
The Investment Coordinating Board (BKPM) noted that 10 Australian companies have shown interest to invest around US$4-5 billion in Indonesia. The companies are interested in investing in the fields of mining and processing, food and beverages, tourism and hotels, as well as infrastructure.
Lupin arm in pact to distribute anti-depressant drug in Japan
thehindubusinessline.com 27 Feb, 2017
Lupin’s Japanese subsidiary Kyowa Pharmaceutical Industry Co has entered into an agreement with Astellas Pharma Inc for the exclusive right to distribute and promote extended-release tablets of quetiapine fumarate in Japan. Astellas submitted a New Drug Application (NDA) with the Ministry of Health, Labour and Welfare in Japan for extended-release tablets of quetiapine fumarate for the indication of improvement of depressive symptoms associated with bipolar disorder.
Arkema to set up PEKK polymer production plant in US
business-standard.com 27 Feb, 2017
Arkema, which recently doubled the capacity of its Kepstan PEKK (polyether ketone ketone) product line in France, has confirmed that its future investment at its Mobile site (Alabama, USA) in a world-scale PEKK plant, which is expected to come on stream in the second half of 2018. These investments will serve the growing needs of the carbon fibre reinforced composites and additive manufacturing (3D printing) markets, confirming Arkema’s continued commitment to develop lightweight materials, one of their six innovation platforms.
Porcher Industries to invest more than €50 million in capacity, R&D and technology
compositesworld.com 27 Feb, 2017
Porcher Industries (Badinieres, France) will invest more than €50 million in a growth and restructuring phase as the company moves into 2017. The new investments, beginning in 2017, will be used to add new weaving capacity and develop quality control technology at sites in the U.S., Europe and China; significantly increasing output in Porcher’s key automotive airbag and aerospace interiors markets.
Finnish startup Paptic plans to invest in paper machine
lesprom.com 27 Feb, 2017
Paptic is planning paper machine investment to upscale PAPTIC® patented technology and material production. Currently the company is negotiating the financing of the investment with a number of actors. The investment is scheduled to begin in 2018 and its impact on employment will be more than 30 people. The cost efficiency of Paptic’s upscaling model is based on the utilization of existing paper producing environments. In addition to being cost-effective this also allows for starting up production faster than building a whole new plant. The company is currently in discussions concerning investment locations and possible co-operation models with selected paper manufacturers.
Laugfs Gas to invest $120m in Bangladesh in four years
thedailystar.net 26 Feb, 2017
Laugfs Gas Bangladesh, a liquefied petroleum gas supplier, will invest $120 million in Bangladesh in the next four years to expand its footprint and meet the growing energy demand. The company operates LPG import, bottling and distribution facilities at Mongla port having storage capacity of 1,800 tonnes now and it is in the process of extending the capacity.
China says to invest $184 million in Guinea Bissau biomass plant
reuters.com 26 Feb, 2017s
China will invest $184 million dollars into a 30 KW biomass power plant in Guinea Bissau. The funds are meant for construction of a biomass plant fed by two generators each with 15 kilowatt capacity. China will foot 93 percent of the bill for the project, while Guinea pays for the remaining 7 percent.
Waste-to-energy plant proposed for Adelaide to create new electricity source
adelaidenow.com.au 26 Feb, 2017
Recycling company Integrated Waste Service has approached the Eastern Regional Alliance with a plan for long-term deals to buy rubbish from its six member councils, including Norwood, Payneham & St Peters, Unley and Burnside. Those deals will guarantee a large enough rubbish supply to justify the development of a $300 million plant to turn waste into electricity. The proposed plant will be the first of its kind in SA and among the first in Australia.
DEWA to build 97 new 132/11kV substations to meet future energy demand
emirates247.com 26 Feb, 2017
Dubai Electricity and Water Authority (DEWA) plans to build 97 new 132/11 kilovolt (kV) substations over the next three years, at a projected cost of Dh10 billion. The new substations will be located at Hassyan, the Mohammed bin Rashid Al Maktoum Solar Park, and other locations, to support the expansion of other power plants in Jebel Ali and Al Aweer. DEWA is also expanding its electricity and water services by developing new stations and upgrading existing ones and it is working to increase its use of clean and renewable energy, launch smart initiatives, and adopt creativity and innovation in all its operations.
SDG&E Unveils World’S Largest Lithium Ion Battery Energy Storage Facility
eastcountymagazine.org 25 Feb, 2017
SDG&E is showcasing the new lithium-ion battery energy storage facility in partnership with AES Energy Storage, which will enhance regional energy reliability while maximizing renewable energy use. The 30 MW energy storage facility is capable of storing up to 120 MW hours of energy, the energy equivalent of serving 20,000 customers for four hours.
Castle Danger Brewery plans major expansion
duluthnewstribune.com 25 Feb, 2017
Castle Danger Brewery is planning a major expansion of its facility in Two Harbors that will enable the brewery to double its production capacity in the coming years. This spring, the company will begin work to build a packaging hall adjacent to the current brewery and taproom in Two Harbors, work that will be aided by a $90,000 state grant awarded earlier this year. The current brewery facility has a maximum capacity of 20,000 barrels of beer per year or about 276,000 cases of beer.
US-funded Zarqa water sanitation project ends as Washington pledges further funding
jordantimes.com 25 Feb, 2017
A US-funded water sanitation project drew to a close on 23rd February, 2017, leaving behind it 860km of new water pipes, 300 km of new sewage pipes and other infrastructure in Zarqa. The Millennium Challenge Account-Jordan (MCA-Jordan) held a ceremony to mark the completion of the programme, which has been funded by the US government’s Millennium Challenge Compact (MCC).
IMF agrees to $149 million extended credit facility for Benin
af.reuters.com 23 Feb, 2017
The International Monetary Fund has agreed to lend 149 million to help the government implement a macro-economic reform programme. The three-year Extended Credit Facility programme shall help it meet balance of payments commitments, achieve sustained GDP growth and improve the business climate. The deal must be ratified by the IMF board.
Boeing to open £20m production facility in Sheffield
ibtimes.co.uk 24 Feb, 2017
Boeing plans to open a 25,000-square-foot production facility in Sheffield. This will be Boeing’s first manufacturing facility in Europe and will cost more than £20m and it will manufacture high-tech components or actuation systems for Boeing’s next-generation of 737, 737 MAX and 777 aircraft. The facility is part of Boeing’s broader plan to bring manufacturing of such components and systems in-house across both the US and the UK.
Sumatec to expand oil and gas facilities in Kazakhstan
nationmultimedia.com 24 Feb, 2017s
Malaysia’s Sumatec Resources is ready to embark on a three-year development plan to ramp up the production of its Rakushechnoye oil and gas field in Kazakhstan towards optimal production of about 2,000 barrels of crude oil a day. This week the company had proposed a fund-raising exercise to finance the development of oil and gas facilities in the area.
Enterprise Signs Natural Gas Processing Agreements with Producers from Wyoming’s Green River Basin
finance.yahoo.com 24 Feb, 2017
Enterprise Products Partners L.P. (EPD) has renegotiated and extended an agreement with Ultra Petroleum Corp. to process natural gas from Ultra’s production in the Pinedale Field in southwestern Wyoming. The agreement secures a 20-year supply of natural gas for Enterprise’s Pioneer cryogenic processing facility in Sublette County, Wyoming. The Pioneer cryogenic natural gas processing facility has a total capacity of 750 million cubic feet per day and can extract up to 36,000 barrels per day of natural gas liquids. The Pioneer complex also includes a silica gel unit that can process 600 MMcf/d of natural gas and extract up to 1,800 BPD of NGLs, sold as a condensate in the local market.
FWO to set up mega cement plant in KP
dailytimes.com.pk 24 Feb, 2017
The Frontier Works Organization (FWO) seeking government approval to establish a mega cements plant in Khyber Pakhtunkhwa to cater the need of emerging infrastructure requirements in the view of China Pakistan Economic Corridor (CPEC) implementation in the region.
New company, Fusion Pharmaceuticals, set up in Canada
thepharmaletter.com 24 Feb, 2017
Fusion Pharmaceuticals, a new biopharmaceutical company developing targeted alpha-particle radiotherapeutics for treating cancer in Canada. The company will use the financing proceeds to advance its lead program, FPX-01, into human clinical trials. The company is building its pipeline through access to the centyrin platform in combination with proprietary labeling technologies, which can be applied to a wide range of targeting molecules.
NXP to invest NT$250M in Asia product quality test center in Kaohsiung by 2019
taiwannews.com.tw 24 Feb, 2017
NXP Semiconductors, intends to scale up investments to a total of NT$250 million in its Asia product quality test center situated in Kaohsiung City by 2019. The leading international automotive chip company has already invested a total of NT$150 million to expand its product quality test center in the Nantze Export Processing Zone as of 2017 through a five-year project initiated about three years ago. The company spent nearly NT$60 million over a period of three years to procure precision instrument equipment that cost about NT$20 million-30 million per instrument, such as transmission electron microscopes.
Cascades Sonoco Announces Multi-Million Dollar Investment in Birmingham, Ala., Facility to Support Innovative New Product Line
nasdaq.com 24 Feb, 2017
Cascades Sonoco, a joint venture of Sonoco Products Company and Cascades Inc. on 24th February, 2017 announced the investment of approximately $16 million for the expansion of its existing Birmingham, Alabama facility. This investment in world-class water based coating technology will provide coated paper and paperboard substrates using its new FlexShield, FluteSHIELD and SurfSHIELD coating technology. Installation of the new equipment and expansion of the existing Birmingham facility will begin early this year, and start-up is expected in the second quarter of 2018. Once at full capacity, the new water-based coating line will be capable of producing 40,000-50,000 tons of sustainable coated materials annually.
Covanta Announces New Agreement for Connecticut Facility
waste360.com 24 Feb, 2017
Covanta announced a new agreement with the Southeastern Connecticut Regional Resource Recovery Authority (SCRRRA) for waste disposal at the Southeastern Connecticut Resource Recovery Facility (SECONN) located in Preston, Connecticut. The new four-year agreement will extend the decades-long partnership between Covanta and SCRRRA until December 2020. SCRRRA has been created to implement solutions for solid waste, recyclables, household hazardous waste and additional waste materials for 12 municipalities in Southeastern Connecticut including East Lyme, Griswold, Groton, Ledyard, Montville, New London, North Stonington, Norwich, Preston, Sprague, Stonington and Waterford.
Metrohm USA Breaks Ground on New $20 Million Facility in Florida
laboratoryequipment.com 24 Feb, 2017
Metrohm USA broke ground on its new North American headquarters located in Riverview, Florida. Scheduled to be completed in early 2018, this nearly $20 million dollar facility will boast state-of-the-art laboratory and training facilities for Metrohm’s growing employee and customer-base. In addition to its new headquarters in Florida, the company is also moving the operations of its satellite office in Houston to a larger space and will open a new location in Southern California this year.
EMS facility to open this spring
harrisondaily.com 24 Feb, 2017
The construction of North Arkansas Regional Medical Center’s EMS Ambulance Logistics facility on Main Street is making steady progress. The 14,500 square foot facility will have 10 ambulance bays, and an additional 3 for maintenance, living quarters of four bedrooms and baths, a supply area, dispatch, laundry facility and kitchen and dining room. Another new feature and key component to the success of the organization will be a dedicated maintenance area, which is better setup and equipped to maintain the fleet of over 16 vehicles serving our coverage area.
Mayo Clinic To Invest $70 Million in Mankato Hospital Updates
Healthcaredesignmagazine.com 24 Feb, 2017
Mayo Clinic Health System plans for a $65 million hospital surgical suite expansion in Mankato, Minnesota. Construction is expected to begin later this year. The expansion and modernization project is part of a plan to transform the Mankato campus into a major Mayo Clinic regional medical center that is fully integrated with the Mayo Clinic practice in Rochester. The new surgical and procedural suite expansion will take place on the second floor of the Mankato hospital and will include 14 operating rooms, a new sterile processing department, 43 private pre- and post-operative patient rooms, an interventional pain medicine procedural room and a new gastrointestinal (GI) endoscopy center. Completion of the surgical suites and GI endoscopy center is expected by late 2018.
Brazilian company opening first U.S. manufacturing facility in Jacksonville
bizjournals.com 24 Feb, 2017
A Brazilian plastic bottle recycler has signed a lease for 100,000 square feet in Jacksonville to open its first U.S. facility. The company will invest $7 million in the facility and hire 30 people to operate it and it will operate under the facility as Florida Plastic Recycling LLC.
Caterpillar to open new parts distribution facility in South Africa
biznisafrica.co.za 24 Feb, 2017
Caterpillar Inc. on 24th February, 2017 plans to consolidate its parts distribution centers in Isando, South Africa into a new parts distribution facility near Johannesburg from the existing centers. The new facility is expected to become operational in the second quarter of 2017. The consolidation provides several advantages including enabling the company to work more efficiently, while increasing the capability to provide unmatched parts availability to customers in Africa.
Araku coffee opens 1st retail store in Paris
business-standard.com 24 Feb, 2017
Araku Global Holdings has marked the global debut of Indian coffee brand ‘Araku’ through the flagship retail store in Paris and is looking to expand in Europe. In addition to its flagship store in Paris, Araku Coffee is also being sold at the LVMH Group-owned La Grande Epicerie de Paris and will soon be on the shelves of other high-end Parisian concept stores. The brand is also available in Switzerland and will be launched in a range of European markets shortly.
Lamatek Expands Manufacturing Facility
dwmmag.com 24 Feb, 2017
Lamatek kicked off 2017 by expanding its manufacturing facility in West Deptford, New Jersey from 49,000 to 92,000 square feet, which will significantly increase production capacity. The supplier of foam tapes, seals, gaskets and custom-fabricated parts signed a ten-year lease that started on 1st January, 2017 for the space adjoining its current location.
Sri Lanka to set up special company to fund highway projects
lankabusinessonline.com 23 Feb, 2017
Sri Lanka’s cabinet has approved establishing a special infrastructure company to seek funding for critical infrastructure projects, especially focusing on highways. The Special Infrastructure Company (SIFCO) established under the Road Development Authority will be a public limited liability company incorporated under the Companies Act and the RDA will own majority shares.
Bestway signs non-binding MoU to acquire Dewan cement plant
thenews.com.pk 23 Feb, 2017s
Bestway Cement has entered into a non-binding MoU with Dewan Cement for the proposed acquisition of the north plant. The proposed acquisition includes production facility, mining leases/ licenses and inventories, stores and spares located in Hattar. The company, after entering the MoU with Dewan, has an exclusivity period of 15 days to negotiate the terms and enter into definitive documents for the proposed deal of the assets.
Dollar General To Build Its 16Th Distribution Center Located In Amsterdam, New York
eprretailnews.com 23 Feb, 2017
Dollar General plans to build the company’s 16th distribution center in Amsterdam, New York, located in Montgomery County. After necessary permits and approvals are received, construction on the estimated 750,000-square-foot facility shall begin in late spring 2017 with a planned completion date in fall 2018.
Evonik-Grupo Idesa JV CyPlus opens sodium cyanide plant in Mexico
business-standard.com 23 Feb, 2017
CyPlus Idesa, a 50:50 joint venture of Grupo Idesa and Evonik, opened a new sodium cyanide production plant in Coatzacoalcos (Veracruz, Mexico). The new sodium cyanide plant has a capacity of 40,000 metric tonnes and uses hydrocyanic acid & cyanide technologies.
Hiway 80 to expand with a new facility in Tyler
tylerpaper.com 23 Feb, 2017
Hiway 80 Rescue Mission in Tyler has purchased property at 12781 Texas Highway 64. The Mission will construct a supportive housing and rehabilitation facility called Triumph Village at this location. Construction of the new facility will be completed in phases. The cost of the first phase is estimated to be $750,000. This expenditure includes renovating existing homes, improving curb appeal and building new cottage units.
Nigeria’s Enugu secures $50m loan facility from AFD for water infrastructure
ecofinagency.com 23 Feb, 2017
The Enugu State Executive Council has used part of a $50 million loan secured from the French Development Agency (AFD) to restore water infrastructure in the state. During the first phase of the scheme for which the loan will be used, water supply in Enugu urban will be boosted. Nsukka urban will follow in the second phase. 12 other states are also involved in the scheme.
Idan Packaging to open new facility
foodbusinessnews.net 23 Feb, 2017
Idan Packaging has evolved alongside the breading and coatings industry. The new facility will allow the company to increase dry blending capacity to more than 15 million lbs per year from 6 million lbs per year. The company also supplies portion-controlled salt and pepper packets used by the food service industry, including restaurant chains and sports stadiums.
Pratt & Whitney to Invest $386 Million in Georgia Facility
reliableplant.com 23 Feb, 2017
Pratt & Whitney will invest approximately $386 million in its facility in Columbus, Georgia, to increase the production of parts and maintenance services and to reduce costs for new and existing engine programs. The investments will go toward the purchase of automated machinery and equipment upgrades as well as the construction of two new buildings on the property. The building construction will include a 200,000-square-foot facility to overhaul GTF engines. A 20,000-square-foot specialized manufacturing facility and related infrastructure will also be built to house a new isothermal forge press, which will be used to manufacture turbine disks and compressor rotors for Pratt & Whitney engines. Other upgrades to equipment and machinery are also planned.
PE Cold Storage Building New R100 Million Facility At Coega Idz
rnews.co.za 23 Feb, 2017
The Port Elizabeth (PE) Cold Storage plant located in the Coega Industrial Development Zone (IDZ) is expanding its size by two fold. The expansion of the new facility amounts to a further investment of R100 million, which will result in the doubling of the existing capacity of 7,500 pallets to around 15,000 pallets storage. The construction of the new facility began in earnest towards the end of 2016 and is planned for completion in time for the 2017 citrus season which commences in March of this year and reaches its peak volumes in June 2017.
Shippers Warehouse Inc. Moving Corporate Headquarters to Prime Pointe
dmagazine.com 23 Feb, 2017
A new, 556,000-sq. ft, build-to-suit distribution center development is on the way at Prime Pointe, the 3,000-acre industrial park in southern Dallas County. Duke Realty signed a long-term lease with logistics company Shippers Warehouse Inc. for a second build-to-suit warehouse at the industrial park. The first building, Prime Pointe 1005, is a 589,362-square-foot distribution center and was delivered in April 2016. The new building is planned to be completed in the first quarter of 2018.
Kia Motors wants to set up car assembly unit in Algeria
ecofinagency.com 22 Feb, 2017
South Korean car maker Kia Moors plans to build in Batna, Algeria, a car assembly unit. Three files are being examined by the authorities of the Batna wilaya and the ministries of industry and power. These include a project to build a Kia car assembly unit with Korean partners. Glovis, retailer of Kia Motors products in Algeria, will partner with the South Korean firm in the framework of the project.
International software company Luxoft sets up office in Penang
thestar.com.my 22 Feb, 2017s
Luxoft has set up an office in Penang. It will invest RM235mil investment in human capital and technology for the first five years. The company develops its solutions and delivers its services from 32 centres worldwide operated a team of 12,000 employees across 39 offices in 19 countries.
Energy Australia Wants To Build A 100MW Hydro Electricity Plant In South Australia
gizmodo.com.au 22 Feb, 2017
Energy Australia partnered with Melbourne Energy Institute and Arup Group over the last 12 months to investigate the project, focusing on using seawater. Located in the Spencer Gulf of South Australia, the proposed project will have the capacity to produce around 100 MW of electricity with six-to-eight hours of storage. Energy Australia and its partners are aiming to have a feasibility study done on the project by the middle of 2017. If the project is viable, detailed engineering design work, environmental impact statements, consultation with stakeholders and applications for government approval will follow. Construction will take around two years, which means the project could be providing peak power to the grid by the summer of 2020.
KE collaborates with Oursun for 50MW solar power project
pakobserver.net 22 Feb, 2017
K-Electric has initiated a 25-year Energy Purchase Agreement (EPA) for the 50 MW solar power project with Oursun Pakistan. Being developed at Gharo, District Thatta, the solar PV project is spread over an area of 144 acres and is expected to commence commercial operations by first quarter of 2018.
Centre clears Rs 5,700 cr hydro project to be set up in Nepal
moneycontrol.com 22 Feb, 2017
The government on 22nd February, 2017 approved a 900 MW hydro power project to be set up in Sankhuwasabha district of Nepal at a cost of Rs. 5,723.72 crore. The project is expected to achieve financial closure by September this year and it is being implemented by SJVN Arun-3 Power Development Company, a 100 percent subsidiary of state-run SJVN.
Keystone plans expansion to Malaysia, Dubai, Indonesia
thehindubusinessline.com 22 Feb, 2017
Keystone IMS, an integrated marketing services provide plans to expand its global operations to Malaysia, Dubai and Indonesia as the next markets. With a turnover of over Rs. 100 crore, the company, which completed 20 years of operations recently, is now targeting to grow five-fold in the next five years with a disruptive approach
Malabar Gold lines up Rs 1000cr for expansion, mainly overseas
timesofindia.indiatimes.com 22 Feb, 2017
Malabar Group is planning to invest around Rs. 1,000 crore for expansion, mostly overseas, this year to take its store counts to 200 by December. A large chunk of this new capex will be spent overseas, which involves debutting into Hong Kong, Indonesia and Sri Lanka. The first phase of expansion, which is already underway, will have us investing Rs. 620 crore on 24 more stores. The second phase of expansion, which will begin in the second half of the year, will see the company investing Rs. 350 crore more, most of which will go into entering Indonesia, Hong Kong and Sri Lanka, where the company is conducting market research now
Chevron Group will continue to invest in the Angola LNG project
macauhub.com.mo 22 Feb, 2017
Chevron will continue to invest in LNG production project in Soyo, in Angola’s Cabinda province. Launched in 2007 to take advantage of the natural gas resulting from oil exploration, the project brings together in Angola LNG, along with Chevron (36.4%), Angolan oil company Sonangol (22.8%), BP Exploration (13.6%), Italy’s ENI (13.6%) and France’s Total (13.6%). The company will continue to produce oil in Angola and said production will start soon at the Mafumeira Sul well in the southern are of block zero, in shallow waters, in Cabinda.
Cascades to invest in two energy efficiency projects
euwid-paper.com 22 Feb, 2017
Cascades, paper and packaging group will invest CAD11.3 million in the upgrade of two biomass boilers at its Cabano plant in Témiscouata-sur-le-Lac, Canada. The government of Quebec will contribute financial aid in the amount of CAD5.2 million for the two projects, while Cascades will invest CAD6.1 million. The projects consist in modifying two residual forest biomass boilers. One will be upgraded with automated controls. The second, involves installing a new combustion chamber and combustion air preheater to the other boiler.
Liverpool unveil plans to leave Melwood for new €60m training facility
independent.ie 22 Feb, 2017
Liverpool plans to move its first-team training base from Melwood to Kirkby. The Reds’ academy is already based at Kirkby and the club are seeking approval for €60m of work to bring together the senior and junior teams on one site. The plans also include new and improved football pitches and sports facilities for the area as well as the redevelopment of local infrastructure. A public consultation is being held next month for local residents and businesses to discuss the plans.
Seaboard Triumph Foods announces Sioux City plant expansion
feedstuffs.com 21 Feb, 2017
Seaboard Triumph Foods plans to expand its new pork processing facility in Sioux City, Iowa, to include the addition of a second shift, which will allow the processing of up to approximately 6 million hogs annually. The plant is currently in the final stages of construction in the Bridgeport West Industrial Park in Sioux City, located north of the Sioux Gateway Airport along the Missouri River. While the initial start-up is anticipated in August 2017, construction for the expansion is expected to begin this spring, with completion in the summer of 2018.
LG Chem To Expand Battery Cell Manufacturing In US & China
cleantechnica.com 21 Feb, 2017
LG Chem, a battery cell manufacturing firm will be further expanding its manufacturing capacity in the US and China. This expansion will reportedly begin next month and be completed by August. As far as the expansion plans in China, the company will reportedly be building two new plants to support its electric vehicle battery production efforts there (in Nanjing).
TPV to set up LCD TV factory in China
digitimes.com 21 Feb, 2017
TPV Technology will invest US$25 million to set up a LCD TV factory and another US$25 million to set up a factory making components used in LCD TVs in Xianyang City, Northern China. The LCD TV factory will produce at least four million units a year. TPV aims to ship 22 million LCD TVs and 46 million LCD monitors in 2017.
Opens Port Nelson’s Patterson Logistics Centre
scoop.co.nz 21 Feb, 2017s
The Patterson Logistics Centre, Port Nelson’s new 13,000m2 storage facility was inaugurated on 21st February, 2017 in Newzealand; the first major building project of a $32 million redevelopment plan announced last year.
Tiong Nam invests RM97mil to expand ops
thestar.com.my 21 Feb, 2017
Tiong Nam Logistics Holdings Bhd has invested RM96.8mil in capital expenditure (capex) in the nine months ended 31st December, 2016, as part of its ongoing expansion programme from 4.9 million sq ft to 5.1 million sq ft capacity. The capex is mainly to increase storage space at its existing warehouses in Malacca and Johor, Malaysia and to enhance its Automated Storage Retrieval System in Shah Alam.
ARENA finalising grant to EnergyAustralia
military-technologies.net 21 Feb, 2017
The Australian Renewable Energy Agency (ARENA) is finalising a $450,000 grant to EnergyAustralia to develop a pumped hydro energy storage project in the Upper Spencer Gulf, South Australia. EnergyAustralia will continue to consult with local stakeholders, including the Department of Defence.
Daimler to Invest $250Mln in Mercedes Plant Project Near Moscow
sputniknews.com 21 Feb, 2017
Daimler will invest at least 15 billion rubles during a nine-year period into a project of Mercedes car plant in the Moscow Region, Russia. The project realization will create more than 1,000 work places.
China’s CRBC to invest 194 mln euro in Montenegro motorway construction in 2017
seenews.com 21 Feb, 2017
China Road and Bridge Corporation (CRBC) plans to invest 194.3 million euro into the construction of the 465 km-long Bar-Boljare motorway in Montenegro in 2017. The Montenegrin government plans to invest a total of 809 million euro in the construction of the project. The Export-Import Bank of China extended a $944 million loan to Montenegro, with an interest rate of 2% and a six-year grace period, for the implementation of the project.
Saudi Arabia to Invest 71 Billion in Renewable Energy
vr-zone.com 21 Feb, 2017
Saudi Arabia is now turning to solar and wind power in a SGD 71 billion bid. The companies should submit documents by 20th March, 2017 to bid for their part in a push for 700MW of renewable power, and that the winning bids would be selected by 10th April, 2017. The energy companies that qualify will then be able to present their proposals for new power plants through July 2017. It is planning to develop as much as 10 GW of renewable energy by 2023, something which will require investments between SGD 43bn-71bn. In this first stage of development, the bidders are competing for the construction of two plants; a 300-megawatt solar facility at Sakaka in the country’s northern Al Jouf province and a 400-megawatt wind plant at Midyan in northwestern Tabuk province.
Allen & Overy and Baker McKenzie invest in Northern Ireland legal innovation centre
legalweek.com 21 Feb, 2017
Allen & Overy (A&O) and Baker McKenzie have invested in a new legal innovation centre at the University of Ulster, Ireland. The centre will undertake research into legal technology and train students and lawyers in the use of such technology, including cloud-based law practice management platforms and software used for preparing legal bundles and electronic presentation in court.
PSA Group invests 200 Million Euros for modernisation of plant at Sochaux
econoictimes.indiatimes.com 20 Feb, 2017
European automaker, PSA Group is to invest 200 million Euros for modernisation of plant at Sochaux, France. Sochaux currently is a complex production site, extending over 200 hectares, including 24 kilometres of conveyor belts, and mobilising dozens of trucks to move vehicles sub-assemblies in production. This new line will be high speed and cutting edge technology, able to build multiple parts and to produce both steel and aluminium parts.
Inland nuclear power station in the pipeline
globaltimes.cn 20 Feb, 2017
China is moving ahead with its plan to build nuclear power stations in inland areas, with pre-selected sites including Taohuajiang in Central China’s Hunan Province, Xianning in Central China’s Hubei Province and Pengze in East China’s Jiangxi Province. The sites have almost been confirmed and construction is expected to start during the 13th Five Year Plan period (2016-20). China’s nuclear power capacity would reach 58,000 megawatts by 2020 and the capacity of plants under construction would be 30,000 megawatts.
University of Wollongong to expand Dubai campus
constructionweekonline.com 20 Feb, 2017
The University of Wollongong in Dubai (UOWD) plans to expand its campus with a 1.85 hectares building. Located in Dubai Knowledge Park, the upcoming development will feature a modern architectural design.
Construction of large Russian thermal power plant starts in Iran
russianconstruction.com 20 Feb, 2017s
The corner stone has been laid for the construction of a large thermal power plant Sirik in the southern Iranian province of Hormozgan. The project implementation is planned to last 55 months. Commissioning of the first unit is scheduled for 2020. Warranty period of the facility’s operation is valid until the year 2022.
Russian Fish Processor to Build Four New Facilities, Increase Workforce
thefishsite.com 20 Feb, 2017
Russia’s fish processor Kurilsk Universal Complex has become a strategic investor in local fish processor Ostrovny Rybokombinat and plans to build four new facilities on the Shikotan island where the company is based. These are to include a fish processing plant, two cold storage facilities, and a packaging plant. This is related to plans to turn Ostrovny Rybokombinat into Russia’s leading canned fish producer. The firm aims to overhaul its existing fish processing plant and build new facilities.
Tetra Pak to build closures factory in Thailand
foodprocessing.com.au 20 Feb, 2017
Tetra Pak will build a new plant in Rayong, Thailand producing closures for carton packaging. The $33 million investment will be capable of producing more than 3 billion closures every year. The new production facility will be located within the company’s existing straws and strips plant.
China to construct 74 airports by 2020
bilkulonline.com 20 Feb, 2017
China is planning to construct 74 more civil transport airports by 2020. The country will continue to construct 30, and build 44 new, civil transport airports between 2016 and 2020, and the number of civil transport airports will reach about 260 by 2020. China is also aiming at a 28 per cent increase in air passenger turnover volume by 2020.
Sun Pharma opens first production unit in Egypt
business-standard.com 20 Feb, 2017
Sun Pharma’s first production unit in Egypt involving a total investment of USD 12.5 million has been inaugurated on 20th February, 2017. The holding company Sun Pharma is one of the largest pharmaceutical companies globally, producing a wide range of quality, affordable medicines trusted by health care professionals and patients across the world.
Public Storage Opens 7-Story Self-Storage Facility in Jersey City, NJ
insideselfstorage.com 20 Feb, 2017
Public Storage Inc., a self-storage Real Estate Investment Trust (REIT), has opened the first of seven floors in what will be the largest facility in its portfolio. The building will comprise nearly 235,000 rentable square feet in about 4,000 units when complete later this year. The facility will feature covered parking, security monitoring and a resident manager. Based in Glendale, California, Public Storage has interests in 2,319 self-storage facilities in 38 states, with approximately 152 million net rentable square feet. Operating under the Shurgard brand name, the company also has 218 facilities in seven European countries, with approximately 12 million net rentable square feet.
DSM plans enzyme manufacturing facility at Project Liberty
biomassmagazine.com 20 Feb, 2017
DSM Advanced Biofuels will build an On-Site enzyme Manufacturing (OSM) facility in Emmetsburg, Iowa, pending state and local approvals. The facility will be integrated into the Project Liberty technology package, replicable in future facilities. For Project Liberty, the OSM will directly pipe enzymes into the Liberty production process without requiring downstream processing, stabilizers and other chemicals required for enzyme transportation.
Siemens Postal, Parcel & Airport Logistics opens facility in Germany
aircargoworld.com 20 Feb, 2017
Siemens Postal, Parcel & Airport Logistics (SPPAL) opened a new manufacturing facility in Constance, Germany, on 20th February, 2017 to produce systems for the postal, parcel and airport logistics market. The new, 14,000-square-meter facility, which broke ground in November 2015, builds on research completed at SSPAL’s Innovation and Test Center for parcel logistics in Nuremberg. The new production site constitutes another important milestone for SPPAL in its reorganization of the company.
Work starts on new Oldbury manufacturing facility for Steel & Alloy
sandwell.gov.uk 20 Feb, 2017
The first stage of a major new £27m manufacturing facility got under way in Oldbury with a ceremony to mark the start of construction. The first phase of the project will involve the construction of a new factory to house state-of-the-art steel processing equipment with some 50 jobs to be based at the site. Steel & Alloy and Trebor have selected locally-based contractor, A&H Construction, to deliver the building which is programmed to be operational in November 2017.
China allocates $117 billion to expand railway network
livemint.com 20 Feb, 2017
China will pump in $117 billion for the second consecutive year to add 35 new projects to the world’s second-largest railway network as it aims to halt the slowdown of the economy through massive state investments. Construction of 35 new railway projects will begin in 2017 to expand the network. The construction will start on 2,100 km of new rail lines, 2,500 km of double-track lines and 4,000 km of electrified lines this year. To achieve the targets, China Railway Corp (CRC) has been assigned a budget of 800 billion yuan by the central government.
Hitchiner Manufacturing to expand NH plant
unionleader.com 19 Feb, 2017
Hitchiner Manufacturing Co. is planning to expand its Milford plant and add up to 40 new workers. The company, which manufactures fuel-efficient and high-performance automotive components and other technology solutions for investment castings, is in the process of seeking approval for two building additions at 594 Elm St. The first addition will be about 25,000 square feet, and the second addition is about 6,000 square feet.
Middle East to invest $294b in oil and gas projects
timesofoman.com 19 Feb, 2017
Oil producers across the Middle East and North Africa (MENA) region have been continuing to spend heavily on oil, gas and petrochemicals’ production capacity despite the fall in oil prices since 2014. About $294 billion of oil, gas and petrochemicals projects are in the pre-execution phase across the Mena region even as concerns about global oversupply continue to suppress oil prices.
FLEET Genavco opens new full-service facility in Abu Dhabi
meconstructionnews.com 19 Feb, 2017s
Dubai-based regional construction equipment supply heavyweight, General Navigation and Commerce Company (Genavco), has opened its new full-service facility in Abu Dhabi. The new facility has a total built up area of 30,376 sq. ft and comprises a state-of-the-art Isuzu and heavy equipment showroom, service facilities, spare parts sales and a BP Quick Lube facility. The showroom will display an extensive range of Isuzu’s fleet of vehicles along with selected heavy equipment products from the best-known international brands such as Vogele, Hamm, JLG and others. The 11,250 sq. ft service wing of the facility, with 13 service bays and dedicated VIP waiting areas, will offer a futuristic customer service experience.
Winchester looks to upgrade roads, facilities
pal-item.com 19 Feb, 2017
Winchester is expected to invest more than $2 million this year on work being performed on roads, a wastewater treatment facility and a new bike trail that will cover a former railroad track. The proposed investment will allow installation of four new drying beds and a new generator. The drying beds will allow for more sludge to be dewatered, which is a process by which liquid is separated from the sludge itself, turning it into a solid substance. The generator will be upgraded from a 1970s model to a more recent one, which will allow the facility to have a more reliable source of energy.
Riverside Walter Reed Hospital begins expansion in Gloucester
dailypress.com 19 Feb, 2017
Riverside Walter Reed Hospital will begin work this week on a $44.5 million expansion and renovation. The project will more than double the hospital’s emergency department and add a new two-story surgical services building. Renovations will also include relocating the hospital’s main entrance to add a new lobby, registration, waiting area, and gift shop. The construction will involve about 99,000 total square feet, including the new addition and renovation work and shall be complete by July 2018.
EP Electric, DACC introduce new lineworker training facility in Chaparral
elpasoproud.com 18 Feb, 2017
Officials with El Paso Electric (EPE) and Doña Ana Community College (DACC) has opened a new lineworker training facility on 18th February, 2017 at the community college’s Chaparral campus. This is third year that EPE has partnered with DACC and the first year the electrical lineworker training will be available at the Chaparral campus.
Rhenus Logistics breaks ground at new Port Salford facility
mhwmagazine.co.uk 18 Feb, 2017
Rhenus Logistics has confirmed the beginning of construction work on its new headquarters and warehouse facility at Port Salford, Manchester. The project is expected to be fully operational by the end of Q4 2017. The facility will include 50,000 sq. ft of logistics and warehousing space, 10,000 sq. ft of offices, along with parking for 16 trailers.
Boohoo gets green light to expand
2br.co.uk 18 Feb, 2017
Boohoo has been given permission to build a second warehouse. Councillors voted in favour of the plans to allow the online fashion retailer Heasandford Industrial Estate despite objections. The new 163,000 sq. ft building will be 75 ft. tall and it will also be open 24 hours a day, seven day a week and create an estimated 500 jobs.
ExxonMobil to expand Singapore refinery
straitstimes.com 17 Feb, 2017
ExxonMobil is expanding its Singapore refinery to increase the production of base oil, which is used to manufacture lubricants. Construction is expected to start in the second quarter of this year, and is to be completed in 2019.
China to invest $3.6bn in Iran petchem project
tradearabia.com 16 Feb, 2017
Iran and Wuhan Company of China have signed an agreement to invest $3.6 billion in Masjed Soleiman Petrochemical Industries. Meanwhile, three MoUs are also signed between Iran and Austria, the Netherlands and China. Also, another agreement for joint production in food industries, including energy drinks, cheese and other dairy products, has been signed by Iran and an Austrian company.
Poland Spring expansion calls for fourth bottling plant, 80 more workers
pressherald.com 17 Feb, 2017
Poland Spring is seeking a new site in western Maine for a $50 million water bottling plant and access to at least two additional springs that will boost the company’s production capacity by nearly 45 percent. Poland Spring, part of Swiss conglomerate Nestle S.A., already operates three Maine bottling plants, in Poland, Kingfield and Hollis. The planned new water sources and bottling operation will increase the company’s production capacity from roughly 900 million gallons a year to 1.3 billion gallons.
Agnico to Invest $1.2 Billion in Gold Projects in Canada’s North
bloomberg.com 16 Feb, 2017s
Agnico Eagle Mines plans to invest more than $1.2 billion in Canada’s subarctic in the next three years as it builds one new mine and expands another. The company will spend $900 million through 2019 to build a new mine at its Meliadine deposit, located on the western shore of Hudson Bay. Over the same period it will spend another $330 million to develop Amaruq, a satellite deposit northwest of Meadowbank that will extend that mine’s life by at least six years. The expenditures will be funded with existing cash, free cash flow and, if needed, funds drawn from an untapped $1.2 billion revolving credit facility.
MPLX files with U.S. to expand Ozark pipeline expansion project
in.reuters.com 16 Feb, 2017
MPLX LP filed a petition with the Federal Energy Regulatory Commission on 15th February, 2017 seeking permission to expand Ozark Pipeline, which carries crude oil from Cushing, Oklahoma to Wood River, Illinois. The company expects the commission to act by May 10, and the additional capacity could be available in the second quarter of 2018.
Sonnen Plans U.S. Expansion as Homeowners Demand Battery Backup
bloombergquint.com 16 Feb, 2017
Sonnen GmbH, manufacturer of batteries for residential and commercial energy storage, plans to combine research and manufacturing at a new facility in Atlanta as part of a U.S. expansion. The company’s lithium ion chemistry uses iron cobalt and is designed for stationary use, unlike batteries for electric cars that require lighter materials and smaller footprints. The company used a San Jose, California, contract manufacturer to produce batteries for them.
Lidl to enter US market, plans 100 stores within a year
domain-b.com 16 Feb, 2017
Lidl will open its first stores in the US ahead of schedule this summer and had planned 100 stores within a year. The group also planned to open its first 20 stores in Virginia, North Carolina and South Carolina.
Brilliant Water District moving forward with building its own treatment plant
wtov9.cpm 16 Feb, 2017
The Brilliant Water District (BWD) is moving forward with plans of building its own water treatment plant. BWD, which services 672 customers, has secured funding for the project with a $250,000 ARC grant, a loan in excess of$ 2.6 million, and a community development block grant for $500,000 that the Jefferson County commissioners say they will sign off on after studying the proposal. Construction of the plant shall take a year to complete
Daimler strikes electric vehicle agreement with workers at German plant
auto.economictimes.indiatimes.com 15 Feb, 2017
Daimler has struck an agreement with workers at Mercedes-Benz’s biggest transmission factory in Germany, under which work on Electric Vehicles (EVs) will be based at the plant near the carmaker’s home town of Stuttgart. German carmakers are investing heavily in EVs but their engines require fewer workers to build than more complex combustion motors, and labour bosses have been pushing for Daimler to produce more EV parts itself to safeguard jobs. Under the agreement, Mercedes will set up an e-technology centre in Untertuerkheim, where prototypes for electric powertrains will be built, and the plant will start producing components for electric vehicles.
Mount Pleasant fabric shop to build new location on Hwy. 41
postandcourier.com 15 Feb, 2017
A Mount Pleasant fabric shop is weaving its way to a new location in a building it will own. The town’s Commercial Design Review Board will consider a request on 22nd February, 2017 for preliminary approval of the site, landscape and architecture for a new 14,787-square-foot building housing Aiden Fabrics at 1117 S.C. Highway 41. Once called The Fabric Emporium, Aiden Fabrics is currently housed in a 6,200-square-foot leased space at 1136 Hungryneck Blvd. It will own and occupy 9,000 square feet in the new building and lease out four 1,500-square-foot spaces. The new site hopes to open by the end of the year.
Germanys Metro plans to add 2,000 franchise stores in Russia by 2020
in.reuters.com 15 Feb, 2017
Metro Cash&Carry, which currently has more than 200 franchise stores in Russia, plans to increase that number tenfold by 2020. The company is currently focused in the Moscow and St Petersburg regions.
Ford to build $200M testing complex in Allen Park
detroitnews.com 15 Feb, 2017s
Ford Motor Co. plans to spend $200 million and roughly two years building a new complex for aerodynamic testing in Allen Park. The firm will break ground on the project this year. The wind tunnel complex will house a rolling road wind tunnel and state-of-the-art climatic chamber to help the automaker meet demand for greater fuel efficiency and performance. The complex will be built on 13 acres next to Ford’s Driveability Test Facility tucked between Interstate 94 and Southfield Road.
Samsung to invest $200M
malaya.com.ph 15 Feb, 2017
Samsung Electronics is investing another $200 million to expand its operations in the country. The company has several exposures in the Philippines including one that is registered with the Philippine Economic Zone Authority, Samsung Electronics Philippines Manufacturing Corp., which is engaged in the design, manufacture and sale of electronic products, including optical disk drive products, their components and parts.
Dangote Group invest heavily in rice production
africanews.com 15 Feb, 2017
The Dangote group is investing heavily in Dangote Rice, one of its subsidiaries in Nigeria. The group is set to launch a multi-million naira 25,000 hectares of rice outgrower scheme in Sokoto, North-west of Nigeria with a prospect of hundreds of employment opportunities for the rural communities. The company plans to produce 225,000MT of parboiled, milled white rice by the end of 2017, which will satisfy 4% of the Nigerian market demand within 1 year.
Pratt & Whitney To Invest $386m In Georgia Facility
aviationweek.com 15 Feb, 2017
Pratt & Whitney plans to invest $386 million in its Columbia, Georgia facility as part of plans to grow component production along with cost reductions for new and existing engine programs. The company will build two new buildings at the site, with one 200,000-sq. ft facility earmarked for GTF engine overhaul and the other a 20,000-sq. ft manufacturing plant for a new isothermal forge press producing manufacture turbine disks and compressor rotors for a number of Pratt engine types. The rest of investment will finance automated machinery and equipment upgrades
Shipping giant UPS to invest $18 million in solar energy
climateactionprogramme.org 15 Feb, 2017
UPS will invest around $18 million in new onsite solar PV projects in the U.S., expected to be completed by the end of the year. The addition of 26,000 solar panels will increase the company’s total onsite solar energy production capacity by almost five-fold. Altogether, the new projects will generate 10 MW of energy.
Stryker unveils plan for new research facility
wkzo.com 15 Feb, 2017
The Portage City Council has begun the process of approving tax breaks and Brownfield development agreements for the transformational Stryker Research and Development Complex. The $63 million facility is impressive enough, but it uses only part of a 288-acre parcel which will be opened up for future development with new roads and utilities. The new facility will provide a building for sales and marketing, and a separate building for research and development.
Clemson Center for Human Genetics unveils new facility on Greenwood Genetic Center campus
newsstand.clemson.edu 15 Feb, 2017
Self Regional Hall, a new 17,000-square-foot, state-of-the art facility that will house the Clemson University Center for Human Genetics, has opened on the campus of the Greenwood Genetic Center. The facility will enable Clemson’s growing genetics program to collaborate closely with the long tradition of clinical and research excellence at the Greenwood Genetic Center, combining basic science and clinical care. The center will initially focus on discovering and developing early diagnostic tools and therapies for autism, cognitive developmental disorders, oncology and lysosomal disorders.
CPAP Store USA to Expand Nationwide
sleepreviewmag.com 15 Feb, 2017
CPAP Store USA, franchisors in the sleep supplies and medical products industry, is expanding its network. Manufacturer products CPAP Store USA carries include Philips Respironics, ResMed, RespCare, Fisher & Paykel, DeVilbiss, Somnetics, Aeiomed, ProBasics, Puritan Bennett, CareFusion/Tiara Medical, CareFusion/Tiara Medical, SleepNet, Ventlab, Human Design Medical, Innomed, 3B Medical, Circadiance, and more.
Nakheel begins work on Ibn Battuta mall expansion
thenational.ae 15 Feb, 2017
Nakheel has started construction work on its latest planned Dh850 million expansion at its Ibn Battuta shopping mall complex in Dubai. The construction work on its second Ibn Battuta mall expansion started after it awarded a contract worth nearly Dh23m to Dubai-based National Gulf Constructions for enabling works at the site. The new development will include a 55-storey residential tower comprising 279 apartments to be known as Ibn Battuta Residences 2, a 16-screen cinema complex and 53,000 square feet of shop space.
Chemours breaks ground on refrigerant production site in Texas
delawarebusinessnow.com 14 Feb, 2017
Chemours Company has broken ground on the company’s new HFO-1234yf refrigerant production facility. The new facility, located at the Chemours Corpus Christi plant in Ingleside, Texas, will triple the company’s HFO-1234yf-based-products. The company will sell the low global warming potential refrigerant products and blends manufactured at this new plant under its Opteon trade name.
Woodland coming to China with Aokang
econoictimes.indiatimes.com 14 Feb, 2017s
Woodland, the maker of footwear, apparels and accessories, has formed a partnership that will allow it to sell products in about 5,000 retail outlets in China. In a move aimed at globalising its brand, the company has tied up with Aokang International to sell footwear manufactured at its plants in Himachal Pradesh, Uttarakhand and Uttar Pradesh at the Chinese company’s multi-brand outlets
ADB to provide $800m loan for LNG-based power plant
thefinancialexpress-bd.com 14 Feb, 2017
The Asian Development Bank (ADB) has assured the official agency concerned of providing nearly US$800 million loan to it for setting up an 800-MW LNG-based power plant in Khulna. The North-West Power Generation Company (NWPGCL) has taken the project to set up the power plant, to be run by Liquefied Natural Gas (LNG). The project also includes construction of a 230 kV switchyard at the CCPP site and a 30km high-capacity 230 kV and double-circuit transmission lines to deliver the generated power into the national power grid.
Formosa Plastics Group to finalize U.S. investment plan in H1
focustaiwan.tw 14 Feb, 2017
Two major subsidiaries of petrochemical conglomerate Formosa Plastics Group (FPG) are expected to finalize a joint investment plan in the United States in the first half of this year. Formosa Petrochemical Corp. and Formosa Chemicals & Fibre Corp. are planning to jointly invest US$9.4 billion in Louisiana to produce ethylene and propylene, and details of the plan are expected to be completed by the end of June. In the project’s initial phase, the two companies hope to produce 1.2 million metric tons of ethylene, 600,000 metric tons of propylene, 800,000 metric tons of ethylene glycol and 600,000 metric tons of polypropylene a year along with other products. In the second stage, the capacity will be added to produce an additional 1.2 million metric tons of ethylene and 800,000 tons of ethylene glycol a year.
Ironshore unveils new energy facility in the US
intelligentinsurer.com 14 Feb, 2017
Ironshore Specialty Casualty has launched a new oil and gas facility offering liability coverages for on-shore middle market energy classes in the US, with annual revenues between $5 million and $200 million. Ironshore Energy Solutions will provide up to $11 million in insurance capacity for general liability and umbrella coverages for complex sector risks. Ironshore MGA will underwrite the middle market sector risk on behalf of consortium insurers.
Pakistan to build first naphtha cracker complex
hydrocarbonengineering.com 14 Feb, 2017
Pakistan is planning to set up its first petrochemical complex, which will include a naphtha cracker, in the next five to six years with an investment of US$6-US$8 billion. Pakistan Chemical Manufacturers’ Association (PCMA) will prepare the feasibility study of the complex, and also work on RFPs, which shall have a business plan with complete specifications and timetable for the NCC project. Pakistan’s Planning Commission will then advertise the RFPs in newspapers.
Lagos to set up 500 training centres
vanguardngr.com 14 Feb, 2017
The Lagos State Government on 14th February, 2017 revealed plans to set up 500 Coding Centres in public and private schools across the State ahead of the launch of the CodeLagos Initiative in April, 2017. The CodeLagos project is an initiative of the State Government targeted at equipping at least one million Lagosians with the skills of computer programming aimed at making the State the technology frontier in Africa.
McLaren Automotive to set up new Composites Technology Centre
tradearabia.com 14 Feb, 2017
McLaren Automotive has announced the first details of its new Composites Technology Centre based close to the campus of the Advanced Manufacturing Research Centre (AMRC) at the University of Sheffield. The new Centre will be responsible for the development and manufacturing of the Monocell and Monocage carbon fibre chassis in future McLaren cars. The new facility is due to start construction in early 2017 with the first pre-production carbon fibre chassis expected to be delivered to the McLaren Technology Centre in the second half of 2017 using trial manufacturing processes in the AMRC before going into full production by 2020.
Japan’s JERA to invest $200 mln in India’s ReNew Power
in.reuters.com 14 Feb, 2017
JERA Co has agreed to invest about $200 million to take a stake in Indian renewable power producer ReNew Power Ventures. JERA, a fuel joint venture between Tokyo Electric Power and Chubu Electric Power, will acquire a 10 percent stake through a third-party share allocation. The move marks the largest investment in renewable business overseas.
Sisecam to Invest in a New Glass Fibre Plant in Turkey
netcomposites.com 14 Feb, 2017
The main board of Sisecam has approved a major investment of 400 Million TL to build a new glass fibre plant in Turkey. The new plant, which will have an annual production capacity of 70,000 metric tonnes, is expected to become operational in the second half of 2018. The plant will produce the current range of E-glass fibre reinforcement products supplied as strands, mats and bobbins for producing a variety of glass fibre filled engineering thermoplastics, phenolic brake pads, gypsum reinforcement, and numerous GRP composite end applications typically using unsaturated polyester, vinyl ester, epoxy and polyurethane resins.
LG Chem to add new production facility, adding 100-150 jobs in Holland area
hollandsentinel.com 14 Feb, 2017
Rockford Construction, on behalf of LG Chem, requested site plan approval for a new industrial production facility to be used almost entirely for production of lithium ion battery applications. The Holland Planning Commission approved unanimously on 14th February, 2017, to allow the construction of the facility, which will be built on 78.5 acres in an I-2 industrial district located at 875 E. 48th St. The plan has been divided into two phases and the first will include a 104,544-square-foot industrial production facility that will be located west of the existing main production facility and will also include attendant employee parking lots, storm water detention, truck maneuvering and landscaping improvements. Phase two includes a 53,995-square-foot addition to the west side of the Phase 1 building and will include additional employee parking lot areas.
Compagnie Fruitiere to expand organic banana production
fruitnet.com 13 Feb, 2017
Compagnie Fruitière is ramping up its organic banana production in Ghana in a bid to cash in on continued growth in the organics market. The expansion of the company’s banana plantation in Ghana’s Volta region-run by subsidiary firm Golden Exotics comes as the UK organics market continues to grow. Compagnie Fruitière’s growth in organics is part of a wider five-year plan from the French company to expand production at its three banana-growing sites in Ghana, Cameroon and the Ivory Coast.
$240M Soybean Processing Plant Planned in Spiritwood, ND
powderbulksolids.com 13 Feb, 2017
North Dakota Soybean Processors (NDSP), a subsidiary of Minnesota Soybean Processors (MnSP) is planning to construct a $240 million integrated soybean crush facility and refinery in Spiritwood, North Dakota. The facility, capable of crushing 125,000 soybean bushels daily, will make 900,000 tn of soybean meal and 490 lb refined, bleached, and deodorized soybean oil per year, half of which will be used for biodiesel.
Toyota to invest $600m in plant
thenationonlineng.net 13 Feb, 2017s
Toyota Motors has announced a $600 million investment in its manufacturing plant in Princeton, Indiana, United States. The investment will be directed towards the expansion in production capacity of the plant and the retooling of the factory for the production of the next generation of its midsize Sport Utility Vehicles (SUVs) Highlander. The plant expansion will add 40,000 more units of the vehicle to the production capacity.
Posco to invest 300 bn won to expand capacity in rechargeable battery anodes
pilsenews.co.kr 13 Feb, 2017
Posco will invest 300 billion won over the next three years to expand and enhance production of anodes for rechargeable batteries to meet increasing applications. The company began the country’s first commercial production of lithium carbonate, a base material for lithium-ion batteries, at its lithium extraction plant (PosLX) in Gwangyang, South Jeolla Province. The facility has a capacity of producing 2,500 tons of lithium carbonate a year.
NGCP putting up P 3.58-B Pagbilao substation
philstar.com 13 Feb, 2017
The Energy Regulatory Commission (ERC) has approved NGCP’s proposal to build the Pagbilao EHV Substation project. In its decision, ERC cleared the grid operator to spend P3.58 billion for the project. The new substation will be able to address the capacity limitation of the Tayabas Substation and accommodate additional generation capacities from new power plants being built in Quezon province. The Pagbilao Substation will enable the connection of incoming power plants with a total capacity of 2,720 MW. These plants are the 420- MW Pagbilao coal-fired power plant (CFPP) expansion, the 500-MW San Buenaventura Power (SBPL), the 3×200-MW Energy World Liquefied Natural Gas (LNG) power plant, and the 1,200-MW Atimonan coal-fired power plant.
Altona gets green light on Cloncurry JV
finance.nine.com.au 13 Feb, 2017
Altona Mining company gained 7% in morning trade after state-owned Assets Supervision and Administration Commission of the State Council of the Sichuan Province of the People’s Republic of China (SASAC) gave SRIG approval to proceed with the its joint venture deal with Altona. Altona and SRIG have agreed, subject to conditions, to form a joint venture company with SRIG contributing US$213.53 million and Altona contributing US$25 million. SRIG will have a 66% interest and Altona a 34% interest in the joint venture company. The joint venture intends to develop a 7 MTPA mine and processing plant for an annual production of 39,000 tonnes copper and 17,000 ounces gold over an initial mine life of 13 years.
CoalTech introduces first viable industrial plant to coal industry
miningreview.com 13 Feb, 2017
CoalTech has completed the coal industry’s first economically viable industrial plant, including the latest advancement in the drying and curing process. The industrial plant boosted the company’s competence in coal pelletizing technology. The company has further supplemented its pelletizing technology with a process to dry and cure the pellets thus produced
Johnson Controls and Aqua Metals sign strategic deal on lead recycling
news.metal.com 13 Feb, 2017
Johnson Controls, an automotive battery manufacturer has signed a partnership deal with Alameda, California-based Aqua Metals, thereby becoming the first company to receive license to use Aqua Metal’s cutting edge battery recycling technology for extracting lead from old battery plates. As per the agreement, Johnson Control will supply batteries to recycle, as part of the company’s closed-loop network. In return, it will purchase AquaRefined metals produced by Aqua Metals’ various facilities across North America, China and Europe.
12 power projects to be completed next year
nationa.com.pk 13 Feb, 2017
Twelve early harvest power projects, including Sahiwal coal-fired project, Port Qasim power plant and Karot Hydropower station, will be completed by 2017-18 under the China-Pakistan Economic Corridor (CPEC). These energy generation projects will produce over 5000 MW of electricity. The medium-term projects under CPEC will be completed by 2025, whereas the long-term projects will be completed by 2030.
Chicken processor plans to invest $2M in Carthage, hire 150
fox13memphis.com 13 Feb, 2017
Pearl River Foods will invest more than $2 million and hire 150 people to process chicken in Leake County, Mississippi. The company will buy chicken, process it into breasts and tenders, and sell it to other companies. The company expects to begin operations in October.
Aviko announces plans to invest € 200 million in potato production
freshplaza.com 13 Feb, 2017
Aviko plans to invest € 200 million in new and existing potato production plants. This year € 70 million will be invested in the expansion and improvement of Aviko’s plants, an amount that will increase to a total of € 200 million in the next few years.
Beiersdorf to invest R$ 300 million in the expansion of its Brazilian factory
premiumbeautynews.com 12 Feb, 2017
Beiersdorf, skin care manufacturer which owns and markets brands such as Nivea, Eucerin, La Prairie and Labello, has announced investments of R$ 300 million in the expansion of its personal care products factory in Brazil. A team is working on building the schedule details of the plant expansion that is expected to generate about 70 new positions by the end of 2019.
Qatar- Rotana to invest $250mn for two new hotels in city
menafn.com 12 Feb, 2017s
Rotana will open two more hotel properties in Qatar in the next two years with a 250mn investment to further strengthen its presence in the country’s growing hospitality sector. ‘Downtown Arjaan by Rotana, Doha is scheduled to open in the fourth quarter of 2018 and Plaza Rayhaan by Rotana, Doha, our first property in Qatar under the Rayhaan Hotels and Resorts brand, in the fourth quarter of 2019. The upcoming properties will add 765 rooms to Rotana’s existing inventory of 1,510 rooms in Qatar, bringing the total tally to 2,275 keys.
Takoradi port gets new oil storage facility
ghanaweb.com 12 Feb, 2017
A 15 million dollar first class oil storage facility with the capacity of 13.5 million litres has been built at the Takoradi Port to facilitate the provision of fuel to vessels at the Port. It is part of the on-going Takoradi port expansion projects.
Ace Hardware will expand distribution center in Suffolk
virginiabusiness.com 12 Feb, 2017
Ace Hardware Corp. plans to expand an existing 336,000-sq. ft distribution center in Suffolk by 138, 000 square feet. Construction is expected to begin in April and the target completion is November.
15 Mn USD in 10Mw solar power plant
nation.lk 11 Feb, 2017
A multi-million dollar project for the establishment of a solar power plant in Sri Lanka is underway with investment from three prestigious Japanese companies through a Japanese consortium. The companies which are Shibatasyoji Co., SAWADACo. and WQ Inc are renowned for their extensive expertise in establishing solar power plants in Japan. Shibatasyoji Co., and SAWADACo. are the main investors while WQ Inc. will be providing the main components to the project. The project is in partnership with TAD Lanka Investments and Sierra Technology Holdings (a subsidiary company of Sierra Holdings), the local EPC partner for the project.
New drug treatment facility opens in Anderson
wishty.com 11 Feb, 2017
A new drug treatment facility called Bridges of Hope LLC in Anderson has been opened on 11th February, 2017. The 26, 000 square foot facility has 29 beds used for detox as well as residential programs. The facility provides a wide range of services including addiction and recovery education to group sessions or yoga to name a few.
SCC gives OK for solar generating facility in Fauquier
insidenova.com 11 Feb, 2017
The State Corporation Commission (SSC) has approved an application from Dominion Virginia Power to build and operate a 20-MW solar electric generating facility near Remington in Fauquier County on 125 acres of land. The output of the facility will be sold to Virginia state government through a negotiated purchase agreement for 25 years. The estimated cost of the project is $46 million. The facility is expected to begin generating electricity in October.
Arnoff moving forward with plans for Malta facility
saratogian.com 11 Feb, 2017
Arnoff Global Logistics and Arnoff Moving and Storage, Inc. announced their new Upper Hudson Valley facility will begin operations in Malta in mid-February. Construction and renovation has been completed on a new 100,000 square foot warehouse and state-of-the-art distribution facility, the first building on Arnoff’s 40-acre site. The facility features eight loading docks, two drive-in doors, 40 trailer parking positions, 30 straight truck and tractor parking positions, temperature and humidity controlled storage areas and high security.
Yucaipa Auto Collision to expand to a second location
newsmirror.net 11 Feb, 2017
Yucaipa Auto Collision located at the corner of California and Avenue E will soon be expanding to an eight bay automotive repair facility. The Conditional Use Permit is for a 5,120 sq. ft. automotive repair facility with eight drive-in bays and will have two separate detached buildings with an individual footprint of 2,560 square feet. Two parking spaces are to be installed in front of the office area and additional parking is at the rear of the site.
Steel company in Bernalillo expanding
rrobserver.com 11 Feb, 2017
Amfabsteel, Inc. and its sister company Phat Steel, Inc., have announced an employment expansion that will create 63 new jobs in Sandoval County. Amfabsteel is a structural steel fabricator, which includes columns and beams; Phat Steel builds the components that go into bigger projects, such as staircases and handrails.
Hebei to Build $17.4 Billion Nuclear Power Plant to Be Operational by 2020
en.yibada.com 11 Feb, 2017
The first nuclear power plant in Cangzhou City, Hebei Province is expected to be in operation by the end of 2020. A total of $17.4 billion has been invested in its construction. The reactor will take 54 months to build.
Windom Looking To Upgrade Wastewater Treatment Facility
keyc.com 10 Feb, 2017s
Members of the Windom city council approved a proposal to upgrade the city’s wastewater treatment facility in Windom, Minnesota. The renovations will cost nearly $14 million dollars, funded by grants and household users. The city is working on a facility plan to submit to the state by early March 2017. If the plan is approved, construction will begin at the end of 2017 and is expected to be complete in 2020.
Sunshine Coast to build new airport runway
theaustralian.com.au 10 Feb, 2017
Sunshine Coast airport will undergo a major expansion following a deal between the council and a private equity investor that will build a new $290 million runway and related facilities in Queensland, Australia. Palisade will operate the asset under a 99-year lease and revenue-share with the council. The council anticipates entering into a construction contract to build the new runway in September this year. The runway is expected to be completed by December 2020.
K-Electric invests $71 million to construct Port Qasim grid station
tribune.com.pk 10 Feb, 2017
K-Electric Limited has initiated construction of Port Qasim grid station with an estimated investment of $71 million in Karachi, Pakistan. The grid station is expected to commence commercial operations by Q1 of 2019 and is part of $450 million project TP-1000 (transmission enhancement plan). The ground breaking of the 220KV grid station, which spreads over an area of 11 acres, was performed.
Northern Province Cement to invest in Iraq
worldcement.com 10 Feb, 2017
Northern Province Cement Co. is to invest in the Iraqi cement sector. The investment will be made by the company’s Jordanian subsidiary and will involve the establishment of a company in Iraq to undertake development work at Basra cement plant. Northern Province Cement will take a 20% stake in the new company, which will be called Umm Qasr Northern Cement Co. Ltd.
Dr Reddy’s launches generic drugs in France; expands operations in Europe
economictimes.indiatimes.com 10 Feb, 2017
Dr Reddy’s Laboratories Ltd has announced the expansion of its commercial operations in Europe with the introduction of its portfolio of generics in France. The company recently launched select products of its hospital portfolio in Italy and Spain, and is looking to further strengthen its presence in those two countries with the launch of anti-HIV products in 2017.
Dairy producer to expand Fort Wayne facility
wane.com 10 Feb, 2017
Prairie Farms Dairy will expand its facility located at 3400 Lima Road in Fort Wayne in a move directly related to a strategy by the Indiana Department of Agriculture to increase the size of the state’s dairy industry. The expansion will involve the construction of a 22,500-square-foot addition to its existing production facility. Currently Prairie Farms produces milk, ice cream mix, specialty drinks, cottage cheese, sour cream and dips at the plant. The company will add new processing tanks and systems, production equipment, packaging lines, a cooler and a dry storage warehouse. Construction of the expansion should begin in April 2017 and be completed within 18 months.
Mylo Coffee adding roasting facility in Hillcrest
arkansasonline.com 10 Feb, 2017
Mylo Coffee Co. has more than one project in the works. In addition to expanding into the former Afterthought Bar and Bistro space next door to the shop, the popular coffee shop will be adding a roasting facility at 3604 Kavanaugh Blvd in Hillcrest, US.
McKee Road to expand to 4 lanes on West Side
host.madison.com 10 Feb, 2017
The section of Highway PD, or McKee Road, US that will be expanded to a four-lane divided roadway runs from just west of Maple Grove Road west to Meriter Way. The project is expected to begin in March 2017 and be completed in October 2017. The Dane county’s maximum contribution to the $13.9 million project would be about $3.5 million.
GlobalFoundries to expand production in New York, abroad
poughkeepsiejournal.com 10 Feb, 2017
GlobalFoundries plans to expand production capabilities at Fab 8 facility in Saratoga County, US with these additional capabilities coming online in the beginning of 2018. This expansion builds on the approximately $13 billion invested in the United States over the last eight years. It also looks to expand its production capabilities in Germany, China, and Singapore.
Minesto to expand capacity of UK’s Holyhead Deep tidal project to 80MW /strong>
hydro.energy-business-review.com 10 Feb, 2017
Minesto is planning to scale up the capacity of its Deep Green technology in Holyhead Deep, North Wales, UK, to 80MW. Minesto’s Deep Green power plant features a kite like design capable of generating electricity from low velocity currents. As part of this effort, the firm has submitted request to the UK consenting authorities Marine Management Organisation and Natural Resources Wales, seeking their scoping opinion on the 80MW Holyhead Deep project development.
Oman invests more than $200m in treating rising drug addiction
thenational.ae 09 Feb, 2017
The Oman government is to invest more than $200 million in the next five years, to double the number of beds in the country’s only rehabilitation centre and build more facilities. The government is digging into its financial reserves to expand the existing drug rehab centre at Al Masarra Hospital from 100 beds to 200 beds in 2017. It is also planning to build three more facilities in different parts of the country – Sohar, Sur and Salalah – in the next five years with a budget of US$230m. The three additional facilities are scheduled to be built by 2022, bringing the number of beds countrywide up to more than 1,000.
Intel finally plans to finish its Fab 42 factory in Arizona
engadget.com 09 Feb, 2017s
Intel plans to complete Fab 42, a semiconductor factory in Chandler, Arizona, with an investment of more than $7 billion over the next three to four years. Fab 42 will produce 7 nanometer chips.
Sundaram-Clayton to set up first overseas facility in US
business-standard.com 09 Feb, 2017
Sundaram-Clayton Limited (SCL) to set up its first manufacturing facility outside of India with an additional investment of over $50 million. The facility will be located in the United States, in Dorchester County, South Carolina. The company plans to invest for growth both in India and in the US along with its subsidiary. Construction at the site is expected to begin by April 2017, and the first production line would be ready for roll out by end of 2018.
Mandarin Oriental to open luxury hotel & residences in Honolulu, Hawaii by 2020
hospitalitybizindia.com 09 Feb, 2017
Mandarin Oriental Hotel Group has announced its intention to open a new luxury hotel and branded residences in Honolulu on the Hawaiian island of Oahu. The project, which has a target opening date in early 2020.
UPS to invest USD 18 million in on-site solar PV
solarserver.com 09 Feb, 2017
UPS plans to significantly escalate its investment in solar energy as an owner/operator of solar photovoltaic (PV) assets starting with at least eight of its facilities in the U.S. The installations will be completed by the end of 2017. The estimated USD 18 million investment will provide a nearly five-fold increase in the amount of power generated from solar at UPS facilities. The completion of these projects will expand UPS’s owned solar power generating capacity by almost 10 megawatts.
Target to invest $10M in Nicollet Mall store
kare11.com 09 Feb, 2017
Target has announced plans to invest $10 million into renovating its store on Nicollet Mall, US. Construction will begin in March 2017. A number of other stores will also see renovations this year including in St. Paul and St. Louis Park.
Rotana to invest $250mn for two new hotels in city
gulf-times.com 09 Feb, 2017
Rotana will open two more hotel properties in Qatar in the next two years with a $250mn investment. Downtown Arjaan by Rotana, Doha is scheduled to open in the Q4 of 2018 and Plaza Rayhaan by Rotana, Doha, in Qatar under the Rayhaan Hotels and Resorts brand, in the Q4 of 2019.
Lawrence Berkeley Lab breaks ground on new facility
asumag.com 09 Feb, 2017
The Lawrence Berkeley National Laboratory in Berkeley, Calif, has broken ground on the Integrative Genomics Building (IGB). The facility, a Department of Energy lab managed by the University of California, will bring together under one roof researchers from the Department of Energy Joint Genome Institute and the Systems Biology Knowledgebase. The estimated cost of the IGB project is $91.5 million and is supported through the Science Laboratories Infrastructure (SLI) program.
LGE Design Build is constructing a $1.6M beer distribution facility
paradisevalleyindependent.com 09 Feb, 2017
LGE Design Build is constructing a $1.6M beer distribution facility, expected to be completed in April 2017, for Crescent Crown Distributing. It recently broke ground for Crescent Crown Distributing on the nearly 18,000 square-foot facility in Surprise, USA.
O.Z. Tyler Distillery Planning to Expand
tristatehomepage.com 09 Feb, 2017
The O.Z. Tyler Distillery in Owensboro is already planning to expand production rom 25,000 barrels per year to 75,000 less than a year after opening. It is installing more fermentation tanks to make more bourbon. The distillery expects it to take at least five months to install the new fermentation tanks.
McLaren announces new £50m chassis facility in Sheffield
autocar.co.uk 09 Feb, 2017
McLaren will build a £50m factory in Sheffield, England to manufacture its carbonfibre chassis. The new facility is set to begin construction early with full production slated for 2020. It is the first purpose-built facility outside of the current McLaren campus in Austria and has been formed through a partnership between McLaren Automotive, the University of Sheffield’s Advanced Manufacturing Research Centre and Sheffield City Council. The university and McLaren will collaborate on two years’ research and development prior to the opening of the Composites Technology Centre, and McLaren Automotive will start training its apprentices immediately.
Tissue manufacturer to hire 180 as it expands Shelby facility
charlotteobserver.com 09 Feb, 2017
Clearwater Paper will spend $330 million to expand its facility in Shelby, US where it will create 180 new jobs over the next two years.
Dayton-area manufacturer to add $3M line
bizjournals.com 09 Feb, 2017
Polyfill is planning to invest about $750,000 into the expanding its plant at 960 N. Vandemark Road and $3 million into adding the new line. After the expansion it will start a new line that makes sound barrier products for the construction industry. The new production line will be active in April 2017. It will expand its 65,000-square-foot plant on Vandemark Road into an additional 85,000 square feet of space in the building, which owned by Sidney-based Bensar Developments.
A&W launches big expansion in Ontario, Quebec
thespec.com 09 Feb, 2017
Barmil Mallhi will open an A&W in Toronto, under a new franchising model with the burger chain aimed at getting more millennials into the business. Under the millennial franchisee program, A&W invests in building the restaurant, lowering the amount of the capital contribution required from the franchisee. A&W is planning to expand by 200 restaurants in Canada over the next few years, from the current 879
Oconee commission OKs $13.4 million sewage treatment plant
onlineathens.com 08 Feb, 2017
Oconee County’s Board of Commissioners approved an overdue expansion of the county’s overloaded Calls Creek wastewater treatment plant, along with a controversial add-on project that will prepare the site in Watkinsville,US for still another future expansion. The current expansion project, which will more than double the plant’s treatment capacity to 1.5 million gallons a day, but opposed to spending $1.1 million for the add-on work. Construction could begin as soon as April and be completed in 12 to 18 months.
Quinn Cement to set up €2.9m facility
independent.ie 08 Feb, 2017s
A NEW cement export hub has been set up in Warrenpoint Harbour in Co Down, UK in a €2.9m investment. The harbour will be used by Quinn Cement and will be operated over a 10-year period in conjunction with the Warrenpoint Harbour Authority. Final commissioning for the project was approved at the end of January, 2017.
Hankook Tire to complete new U.S. facility, create 1,200 new jobs
english.yonhapnews.co.kr 08 Feb, 2017
Hankook Tireis set to begin new tire production facilityin Tennessee, United States. Construction of the new plant will be completed within H1 2017. The company may decide to further increase the output capacity of the plant to 11 million from the current 5.5 million tires per year.
Korean firm to build $1.85b thermal power plant in Quang Tri
vietnamnews.vn 08 Feb, 2017
Korea Western Power Co. (KOWEPO) plans to construct a 1,200MW coal-fired power plant in the central province of Quang Tri, Vietnam in 2018. KOWEPO will invest US$1.85 billion in building the Quang Tri Power Plant No 2, which will be located in the province’s Southeast Economic Zone. KOWEPO will own and operate the power plant for 25 years. It will also carry out construction management and operations and maintenance (O&M) services. The Korean firm is also preparing a basic investment prospectus for the project for completing the plant by the end of 2024.
US to proceed with treatment plant upgrade in Silver Valley
dailyprogress.com 08 Feb, 2017
The U.S. Army Corps of Engineers will proceed with a contract to upgrade and expand the central treatment plant at the Bunker Hill Superfund site near Kellogg, Idaho, US. The project is expected to cost more than $48 million. The entire project is expected to take about 4 years.
Pembroke unveils plans for $1bn coalmine at Olive Downs
theaustralian.com.au 08 Feb, 2017
Pembroke Resources plans to spend up to $1 billion to build coalmine at Olive Downs, Australia. Pembroke has kicked off the approvals process for mining, which is in Queensland’s Bowen Basin near Moranbah and which Pembroke bought in May for $120 million plus an agreed royalty.
Bunnings to construct $12 million warehouse
chinchillanews.com.au 08 Feb, 2017
Bunnings has received development approval for a smaller format store on the corner of Warrego Hwy and Eton St in Dalby, Australia at an investment of more than $12 million. Construction is set to begin in coming months and the warehouse is expected to be completed later 2017. McNab Constructions is the contractor the project.
Digicel Plans New Hotel For Samoa
news.pngfacts.com 07 Feb, 2017
Digicel has been looking at entering Samoa’s tourism industry with plans to build a hotel in Samoa, Oceania. The company is yet to make any formal announcements on the plan
YTL Power invited to submit proposal for Singapore’s 5th desalination plant
thestar.com.my 08 Feb, 2017
YTL Power International Bhd is one of four pre-qualified applicants invited to submit a proposal for Singapore’s fifth desalination plant on Jurong Island. The other three are Keppel Infrastructure Holdings Pte Ltd, Sembcorp Utilities Pte Ltd, and Tuas Power Ltd. PUB, Singapore’s national water agency, put up a Request for Proposal (RFP) for the development of the desalination plant. To be built under a Design-Build-Own-Operate (DBOO) arrangement by 2020, the plant will add another 137,000 cubic metres, or about 30 million imperial gallons of desalinated water (mgd) a day to Singapore’s water supply, enhancing water supply resilience.
Godrej plans to open two Good Knight manufacturing units in Africa
news.franchiseindia.com 08 Feb, 2017
Godrej Consumer Products Ltd. plans to set up 2 manufacturing units in Johannesburg, South Africa and Nairobi, Kenya for hair care products in the continent.
Chinese firm signs bridge construction deal with Bangladesh
chinadaily.com.cn 08 Feb, 2017
Sinohydro Corporation Limited signed a 4.49-billion taka agreement to construct a major bridge which will help faster communication between Dhaka and major river port town Narayanganj, some 30 kilometers northeast of Dhaka with the Bangladeshi government’s Roads and Highways Department (RHD) on 8th February, 2017. The Bangladeshi government with the financial assistance from the Saudi Fund Development (SFD) has taken up the project.
Acciona and Tuto Energy to expand Mexico’s biggest solar plant
pv-tech.org 08 feb, 2017
Acciona and Tuto Energy have teamed up for signing a PPA to add an additional 112MWp to the existing 227MWp Puerto Libertad solar project, Sonora, Mexico. The additional capacity is scheduled to be completed within the next two years; allowing the 339MW plant to be operational by 2019. Construction will begin in the last trimester of 2017.
Zong to invest $200 million in 2017, eyes 3G/4G expansion
thenews.com.pk 07 Feb, 2017s
China Mobile Pakistan (ZONG) plans to invest additional $200 million in Pakistan. The company aims to expand its network by adding 3G/4G sites which are poised to reach the highest mark of 10,500 by the end of 2017. The company had already invested three billion dollars in Pakistan in the recent years and is the first to invest in the auctioned 3G and 4G licences two years back.
Japanese consortium to invest US $ 15mn in solar power plant
dailymirror.lk 07 Feb, 2017
A US $15 million project for the establishment of a solar power plant in Sri Lanka is underway with investments from three Japanese companies through a Japanese consortium. The three companies, Shibatasyoji Co. Ltd, Sawada Co. Ltd and WQ Inc.—are renowned for their extensive expertise in establishing solar power plants in Japan. Shibatasyoji Co. and Sawada Co. are the main investors while WQ Inc. will be providing the main components to the project. The project is in partnership with TAD Lanka Investments (TAD), the local facilitating partner for the project, and Sierra Technology Holdings, a subsidiary company of Sierra Holdings, the local EPC partner for the project.
Maynilad says to invest P13.2-B for infra projects
news.abs-cbn.com 07 Feb, 2017
Maynilad Water Services Inc. will invest an estimated P13.2 billion this year for infrastructure projects. More than half of the budget will be spent on water sources and operations support programs to improve treatment plants and upgrade pumping stations. The remaining amount will be used on wastewater management projects to increase sewerage coverage and maintain compliance with environmental standards. The improvement works will be funded with loans and internally generated cash
Honda Motor, Hitachi Automotive to form JV for electric vehicles
auto.economictimes.indiatimes.com 07 Feb, 2017
Honda Motor and Hitachi’s automotive unit will form a joint venture to develop, produce and sell motors for hybrid petrol-electric cars and fully electric vehicles. The Honda-Hitachi venture will have sales and manufacturing functions in the United States and China in addition to Japan. It will be established in July with an investment of 5 billion yen, and will be 51 percent by Hitachi Automotive Systems owned and 49 percent by Honda.
Heineken to invest in 40,000-bottle-an-hour French expansion
foodbey.com 07 Feb, 2017
Heineken will invest €9.3 million in a new packaging line at its brewery near Strasbourg, in France. The site at Schiltigheim will benefit from an expansion to its existing production capacity of more than 450,000 hectoliters per year. The €9.3 million investment, to be made throughout this year, will support the Dutch brewer’s volume growth in France and support further innovation and diversification across its Heineken, Fischer, Edelweiss and Desperados brands. The line extension will be capable of producing 40,000 extra bottles an hour and create 14 new positions from April, taking the total number of staff employed at the site to over 200. The new equipment will be operational in early 2018.
ASCO expands Aiken facility, creates 86 jobs
chronicle.augusta.com 07 Feb, 2017
Emerson Electric Co.’s ASCO operations in Aiken county will get an $8 million upgrade and up to 86 new employees from a company plans to consolidate regional production of cylinders, motion control devices and other products at the valve manufacturing facility. The ASCO business unit will consolidate its regional cylinder, motion control and accessory product lines to its Aiken facility, which produces solenoid valves, angle body piston valves, valve manifolds and other fluid and pneumatic technologies used in the automotive, life sciences, packaging, oil and gas and refining industries.
Americold Opens East Point, Georgia, Facility
globaltrademag.com 07 Feb, 2017
Americold, a global leader in temperature-controlled warehousing and logistics for the food industry, officially opened its most recent facility addition in East Point, Georgia. The 260,000 sq. ft temperature-controlled site, purchased in July 2016, reflects the expansion of Americold’s partnership with Sprouts Farmers Market as Sprouts increases its healthy grocery footprint to more than 250 stores in 15 states in 2017. The site will serve as a temperature-controlled distribution center for Sprouts’ southeastern operations, which will expand considerably in 2017
Oerlikon to open new industrial 3D printing R&D facility in Charlotte, NC
3ders.org 07 Feb, 2017
Oerlikon will be expanding its global additive manufacturing business by opening a new R&D and production facility for advanced 3D printed parts in the Charlotte metro area. The new facility will offer its clients integrated, end-to-end services for advanced additive manufacturing. The company will be investing roughly CHF55 million into its new facility over the next two years. The new facility will be officially opened in 2018.
e-hospital facility at Naga Hospital Kohima soon
morungexpress.com 07 Feb, 2017
The Naga Hospital Authority Kohima (NHAK) will soon have an E-hospital facility where it will be possible for the patients to access various services, like getting OPD appointments, checking pathology test reports online. This is stated in Nagaland Vision 2030. This will be done through a unique patient ID number and will help to ease congestion and reduce waiting time for the patients.
plant$346m combined heat and power for Berlin
decentralized-energy.com 07 Feb, 2017
Vattenfall is demonstrating its commitment to Berlin’s environmental objectives through its plan to develop a combined heat and power plant in the city. The new $346m new gas-fired combined cycle heat and power plant will be located in the Berlin district of Marzahn-Hellersdorf. The CHPP will consist of a 260 MW electrical, 230 MW thermal capacity and a fuel efficiency of about 90% will be among the most modern of its kind. The construction works are planned to start in April this year and operation commencement is planned for 2020.
Rezidor signs two new Radisson Blu hotels in Dubai
tradearabia.com 06 Feb, 2017s
The Rezidor Hotel Group has signed two new Radisson Blu hotels in International Media Production Zone (IMPZ) and Dubai Studio City, UAE. The new signings made in partnership with renowned Dubai-based Bin Haider Group follow Rezidor’s recent announcement that it will open 14 new hotels in the UAE by 2019, and part of expansion plans to have 100 hotels and 20,000 rooms in operation by 2020, across the Middle East. Radisson Blu Hotel, International Media Production Zone (IMPZ), Dubai will feature 356 rooms, and, with construction already underway, has an anticipated opening date in Q1 2019. The hotel’s interior design will incorporate the brand’s new ‘Blu Print’ design scheme and facilities include two restaurants, a bar and significant meeting facilities to support the free zone’s businesses.
Thai company to invest in wind energy projects in PH
powerphilippines.com 06 Feb, 2017
BCPG is investing in a wind power project in the country by acquiring a 40-percent stake in Petro Wind Energy Inc. (PWEI). The company bought shares from the CapAsia Asean Infrastructure Fund. PWEI owns a 36-MW wind power project in Nabas, Western Visayas. A 14 MW wind power project is also underway. The acquisition is part of the company’s planned expansion into the renewable energy business in addition to its solar power projects. PWEI is a renewable energy company under PetroGreen Energy Corporation, EEI Corporation of the Yuchengco Group of Companies, and CAIF III.
EnergyAustralia signs PPA for 142MW solar farm in Queensland
reneweconomy.com.au 06 Feb, 2017
EnergyAustralia has signed a power purchase agreement for a large solar farm, committing to a 13-year off take agreement for the 142 MW Ross River solar farm in Queensland. The agreement is the second announced in recent months by EnergyAustralia as part of its program to buy around 500 MW of power from new wind and solar projects to help meet its share of the renewable energy target.
New synthetic yarn production plant to be set up in Honduras
innovationintextiles.com 06 Feb, 2017
Honduras 20|20 has accomplished a new $US 73 million international investment for the textile sector of Honduras, which has led to the establishment of the United Textiles of America (Unitexa) Company, a synthetic yarn production plant. This will be the first production plant of its size and nature in Central America opening Honduras’ doors to a new textile segment, attracting more specialised manufacturing industries for the transformation of synthetic yarn of different dimensions and categories of texture.
Africa Finance Corp to Invest US$205 MM in Guinean Bauxite Mine
aluminiuminsider.com 06 Feb, 2017
Africa Finance Corporation (AFC) is planning to invest US$205 million in Alufer Mining’s bauxite mining project in Guinea. Based in Nigeria, AFC is a pan-African multilateral development finance institution. Since its founding in 2007, the company has invested over US$4.5 billion in projects, including power, transportation, telecommunications, heavy industry, and natural resources initiatives, in over two dozen African countries.
Spain to invest €850 million in rail access to ports
theolivepress.es 06 Feb, 2017
A total of €850 million is to be spent on rail projects over the next five years in a major investment programme to improve land access to ports. Major projects include a €150 million rail connection to Barcelona port and 4.65 km of infrastructure in la Cabezuela, Cadiz, as a continuation of the route from Sevilla.
Ohio to open 1st longer-term mental illness care facility
wdtn.com 06 Feb, 2017
A groundbreaking is planned this spring for the first residential rehabilitation center in Ohio to provider longer-term care for patients released from psychiatric hospitals. The $2 million Adam-Amanda Mental Health Rehabilitation Center in Athens will serve as a ‘step-down’ facility for patients from Athens’ nearby state hospital, Appalachian Behavioral Healthcare. The 16-bed facility will be built by renovating an existing facility owned by the Athens-Hocking-Vinton Alcohol, Drug Addiction and Mental Health Services Board.
Knapheide Manufacturing announces new facility, creation of 250 jobs
whig.com 06 Feb, 2017
The Knapheide Manufacturing Co. plans to build an additional manufacturing facility in Quincy. The new 188,000-square-foot manufacturing plant will be constructed over the next year near the northwest corner of 30th and Koch’s Lane. It will be immediately south of the company’s existing 480,000-square-foot manufacturing facility at 1848 Westphalia Strasse. Construction of the new plant is scheduled to begin 1st March, 2017, and completion is expected by 28th February, 2018.
Goldplat commissions Stage 1 of Kilimapesa processing facility
miningweekly.com 06 Feb, 2017
Goldplat has commissioned the first stage of its new processing plant at its Kenya-based subsidiary, Kilimapesa Gold. Planned production at the processing plant is 60 t/d, which, together with ongoing production from the existing plant, equates to the production of some 4 600 oz/y of gold, compared with the 2 005 oz produced in the 2016 financial year. The plant has a designed capacity of 200 t/d and comprises a crusher circuit, mills, a thickener, leach tanks, an elution plant and a tailings deposition facility. Work on Stage 2, which involves the installation of the crusher circuit and an additional three leach tanks, has begun, with commissioning expected in April. Stage 3 will be planned and commenced with based on the performance of the operation once steady-state is achieved.
DPWH eyes P9.5-B Dalton by-pass road project JICA funding
thestandard.com.ph 05 Feb, 2017
The proposed P9.5-billion Dalton Pass By-pass Road Project (DPBRP) has been submitted by the Duterte administration to the Japanese government for approval and funding amid safety concerns. The project is being eyed for Official Development Assistance with the Japanese International Cooperation Agency instead of the Public-Private Partnership scheme. The feasibility study for the project has been finished five years ago and the revised FS is expected to be finished within this year.
Abu Dhabi Airport road project on track
tradearabia.com 04 Feb, 2017
Abu Dhabi General Services Company (Musanada) has completed about 61 per cent of the work on the Dh678 million upgraded road network and interchange project at Abu Dhabi International Airport. The project will connect the new terminal of the airport to the Abu Dhabi-Shahama (E10) highway, and will provide a direct access to and from the terminal towards Abu Dhabi as well as Dubai and Al Ain cities. It involves the construction of the interchange to Abu Dhabi International Airport through four bridges serving as entry and exit points to the terminal, the construction of an underpass leading to Yas Island, and an overpass connecting Yas Island and Airport City A. Under the project, the E10 road will become broader from four to five lanes in both directions, and the Presidential Flight road from two to three lanes in both directions.
Trelleborg to invest in Serbian tire plant
tiresandparts.net 05 Feb, 2017s
Trelleborg A.B. is planning major investment in its factory for agricultural/industrial tires in Ruma, Serbia. The investment will be made over the period of the next two years. Trelleborg had acquired the plant in Ruma in summer last year as an outcome of its acquisition of the Czech company, CGS Holding a.s. Trelleborg’s board of directors approved the plan to invest further in the plan in a board meeting that was held on 31st January, 2017.
Irish company plans Michigan cheese facility
mlive.com 05 Feb, 2017
Glanbia Nutritionals is looking to set up shop in Michigan. The company is entering the Michigan project as a joint venture with the Dairy Farmers of America, Michigan Milk Producers Association and Foremost Farms.
Heavy equipment manufacturer Kubota opens facility in Myanmar
japantimes.co.jp 04 Feb, 2017
Kubota Corp. has opened an import and sales facility in Myanmar. Located in the Japanese government-backed Thilawa Special Economic Zone on the outskirts of Myanmar’s commercial capital, Yangon, Kubota’s $10 million facility, which covers more than 10,000 square meters, will also do some assembly work. The facility is operated by Kubota Myanmar Co., 80 percent of which is owned by Kubota and the rest by Siam Kubota of Thailand.
British company to invest $400m on KP cement plant
nationa.com.pk 04 Feb, 2017
British firm Asian Precious Minerals (APML) on 4th February, 2017 announced an investment of $400m to build a new cement plant in Khyber Pakhtunkhwa (KP). This project by APML is an important symbol of the greatly improved business environment in KP. APML has recognised the improved security and investment climate in KP and Pakistan more generally, and recognised the clear potential for future growth in Pakistan.
Beijing to invest US$4.85B in Beijing-Tianjin-Hebei development
newsghana.com.gh 04 Feb, 2017
Beijing will invest US$4.85 billion this year in Beijing-Tianjin-Hebei coordinated development. Around 11.09 billion yuan will fund the new airport construction in an effort to boost the transport network in the Beijing-Tianjin-Hebei region. A total of 11.81 billion yuan will be allocated to ensure trial operation of the new Tiantan Hospital and advance project II in Yizhuang branch of Tongren Hospital as well as new campus construction of Beijing Film Academy, Beijing Technology and Business University, etc. Moreover, 4.25 billion yuan will be used for facilities establishment in administrative areas in the city’s sub-center, and for upgrading of the green landscape along inner ring roads.
OXFitness Lab opens hi-tech training facility
gulf-times.com 04 Feb, 2017
OxFitness Lab has opened its doors to Qatar’s fitness fans at The Gate Mall. The launch of the facility unveiled a ‘sophisticated’ array of fitness technologies, training equipment, diagnostic services, analytics, nutrition management, group plus individual fitness programmes and tailor-made training regimes.
Tesla Builds the Largest Grid Storage In Only 3 Months
greenoptimistic.com 04 Feb, 2017
Tesla has completed building the largest grid storage facility, and it took only three months. This battery grid storage facility has 16,000 lithium ion cells and a capacity of 210 kilowatt-hours within each ‘Powerpack’. The facility will feed on batteries that will store energy on excess electricity generation from wind and solar power.
Alibaba Group expands presence in Australia, New Zealand
moneycontrol.com 04 Feb, 2017
Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on 4th February, 2017, its first expansion in the region as it seeks to tap growing global demand for products from the two countries. The company also signed an MoU with Australia Post aimed at streamlining logistics between Australia and China and developing the first Australian marketplace within Alibaba’s Lazada eCommerce Network in Southeast Asia.
Tanzania signs $1.2 bln deal for new railway line
in.reuters.com 03 Feb, 2017
Tanzania signed a deal worth $1.215 billion with a consortium of Turkish and Portuguese companies on 3rd February, 2017 to construct a 300-kilometre railway line, part of plans by the east African country to boost trade with its land-locked neighbours. In total, Tanzania wants to build a 2,561 km standard gauge railway network connecting its main Indian Ocean port of Dar es Salaam to eastern and southern Africa’s hinterland. Construction of the railway line will start next month and take 30 months to be completed.
MoU inked to set up first PHRL in KP
pakobserver.net 03 Feb, 2017s
Khyber Medical University, Khyber Pakhtunkhwa Health Department and National Institute of Health Islamabad have inked agreement for setting up of state of the art Public Health Reference Laboratory (PHRL) at KMU-IBMS in the province. The PHRL will serve to confirm the presence various infectious diseases and will give guidance to Government on various public health issues, upon which evidence based decision-making will be taken. The PHRL will enable detection, characterization and tracing of disease transmission, which is essential for the prevention, and control of public health events.
Spanish Firm TSK To Construct Old Harbour LNG Power Plant
jamaica-gleaner.com 03 Feb, 2017
South Jamaica Power Company (SJPC), a subsidiary of the Jamaica Public Service Company (JPS), on 1st February, 2017 signed an Engineering Procurement and Construction (EPC) contract with Spanish firm TSK Group to undertake the turnkey construction of the 190 MW combined cycle plant at Old Harbour Bay, St Catherine. Construction of the US$300-million project is expected to start by 1st March, 2017. SJPC is now finalising the loan documentation to access funding from a syndicate of local banks and financial institutions led by National Commercial Bank. SJPC and JPS have signed a 20-year power purchase agreement under which the subsidiary will sell the power generated by the plant to the island’s sole distributor of electricity.
GE eyes thermal power plant construction in Japan
asia.nikkei.com 03 Feb, 2017
General Electric (GE) plans to break into the Japanese market for fossil-fuel power plants. The company plans to team with Japan’s Toyo Engineering on large-scale facilities with outputs topping 500,000 kW, which can cost tens of billions of yen each depending on scale. GE’s first move will be participating in upcoming bidding for a project in the greater Tokyo area.
SK E&C inks 3.2 tln-won deal for power plant in S. Korea
english.yonhapnews.co.kr 03 Feb, 2017
SK E&C Co has signed a deal to build a thermoelectric power plant in the country’s eastern city of Goseong. Under the 3.7 trillion-won deal, the construction firm will build two 1,040 MW generators in the city located some 170 kilometers from Seoul. The tentatively named Goseong Hai power plant will be the largest privately run power plant to be built.
Hyundai to set up assembling plant in Pakistan
dunyanews.tv 03 Feb, 2017
An Agreement has been signed between Nishat Mills and Hyundai Motor Company of South Korea and Sojitz Corporation Japan for negotiating and establishing a framework for setting up a green field project for plant’s assembly and sales of passenger and one ton range commercial vehicles in Pakistan. The establishment of the assembling unit will be commenced following statutory and regulatory approvals. The investment will range from 400 million dollars to 500 million dollars. After completion of the paperwork, the plant will be established within two to three years.
Allianz, MUFG invest in EDF’s 225MW US wind park
wind.cleantechnology-business-review.com 03 Feb, 2017
Allianz and Japanese bank, Mitsubishi UFJ Financial Group (MUFG) have together invested tax equity in EDF Renewable Energy’s 225 MW Great Western wind farm in Oklahoma. The wind farm will provide clean energy to Google’s data centre and help the tech-giant reach its goal of powering its operations through sustainable energy. It consists of 30 of 3.3 MW and 63 of 2.2 MW wind turbines supplied by Vestas.
OOC planning to invest over US$1 billion on energy projects
worldpipelines.com 03 Feb, 2017
The Oman Oil Company (OOC) is planning to invest over US$1 billion in 2017 on numerous energy infrastructure projects. The company intends to develop a string of natural gas pipelines, as well as other midstream and downstream projects. The following lists a few of OOC’s proposed energy projects: The Salalah LPG project, an ammonia project (expansion of Salalah Methanol unit), the Duqm gas pipeline, the Sohar-Wadi Al Jissi gas pipeline and a crude storage facility at Ras Al Markaz (near Duqm).
Frozen food company has plans for facility expansion
standardspeaker.com 03 Feb, 2017
On 13th February, 2017, the Hazle Township supervisors will hear a proposal by Gonnella Frozen Products, manufacturer of frozen bread dough, to expand its current 90,000-sq. ft facility built in 2007 by 75,000 sq. ft. The expansion will add 20 to 25 new jobs to the 150 positions already filled at the facility in the Humboldt North section of the 3,000-acre industrial park.
Samsung Display plans to expand AMOLED module factory in Vietnam
digitimes.com 03 Feb, 2017
Samsung Display is talking with the Government of Bac Ninh Province, northern Vietnam, about an additional investment of US$2.5 billion to expand a factory of AMOLED modules. The talk is focusing on administrative support and tax incentives to be offered by the provincial government and the plan for additional investment is likely to be finalized as soon as in the first quarter of 2017.
Thyssenkrupp to invest over Rs 250 cr in new autoparts plant in Hungary
auto.economictimes.com 03 Feb, 2017
German multinational conglomerate Thyssenkrupp will set up a new automotive supplier plant in Hungary. The construction of the 20,000-square-meter plant in Debrecen is expected to begin this spring. From 2018 onwards, a total of more than six million coil springs and stabilizers are produced there every year. The investment sum is around around Rs. 252 crore.
Ashok Leyland opens new assembly plant in Bangladesh
economictimes.indiatimes.com 02 Feb, 2017s
Ashok Leyland on 2nd February, 2017 opened a new assembly plant in Dhaka, Bangladesh. Built over a period of 15 months, the plant is spread over an area of 37 acres and is a joint collaboration between Ashok Leyland and IFAD Autos, Bangladesh. The plant has a capacity to roll out 600-800 vehicles each month and it will also be facilitated with a bodybuilding and vehicle testing facility, which will become functional in the next two years.
Cognizant to expand operations in Hong Kong
econoictimes.indiatimes.com 02 Feb, 2017
Cognizant will expand its operations in Hong Kong, as it focuses on growing its presence in the Greater China region. The firm currently employs more than 300 professionals on the island.
Metal Stamping Company to Set up Shop in Naperville
patch.com 02 Feb, 2017
Bethlehem Industries plans on moving into a building at 1350 Shore Road this spring. The company currently makes seat belt buckles and steering wheels in its facility in Franklin Park. By moving into the empty building 74,000 square-foot building in Naperville, Bethlehem will have more room for future expansion.
Delta Group sets up Dh200 million facility at National Industries Park
khaleejtimes.com 02 Feb, 2017
Delta Group inaugurated a new multi-service facility, at an estimated investment of Dh200 million, which will host several of its subsidiaries. Located in Dubai’s National Industries Park (NIP), the 250,000 sq. ft facility will offer a comprehensive range of end-to-end solutions under one roof. This includes the group’s flagship Delta Printing Press as well as Brandscape Advertising, Magic Screen, Pulp, Delta Labels and Delta Interiors.
STA Pharma expands integrated R&D and manufacturing facility
thepharmaletter.com 02 Feb, 2017
WuXi AppTec, subsidiary STA Pharmaceutical has announced an expansion of its integrated R&D and commercial site in Changzhou, China, to accommodate 200 scientists and a new pilot plant. The company provides an open-access R&D capability and technology platform for small molecule process development and manufacturing. The 39-acre site, which is officially opened in March 2016, includes 160 process chemists, 40 analytical chemists, and a special group of crystallization technology engineers.
Laurel manufacturer to expand
bizjournals.com 02 Feb, 2017
Iron World is expanding its manufacturing operations in Laurel, pledging to invest $1 million in its facility. The company, which produces and distributes decorative steel fences and gates, will make a number of improvements to its 33,600-square-foot headquarters in Laurel. Upgrades include adding storage space, refinishing the exterior of the building and installing new manufacturing equipment that is expected to increase production by 300 percent.
Steel Dynamics to invest $28 million in Roanoke facility
wdbj7.com 02 Feb, 2017
Steel Dynamics, a steel producer and metals recycling company will invest $28 million in its Roanoke facility. The company will purchase new equipment and make improvements to its facility, including railroad track upgrades and increasing the capacity of its rolling mill operations. The Virginia Economic Development Partnership (VEDP) will support Steel Dynamics’ retraining through its Virginia Jobs Investment Program (VJIP), which is state funded.
KKI plans to expand Scotland facility as sales grow
heraldscoltland.com 02 Feb, 2017
Kyowa Kirin International (KKI) is expanding its Galashiels headquarters with a major investment that could lead to the recruitment of 50 further staff. The expansion comes as KKI, a subsidiary of Japanese biotechnologies group Kyowa Hakko Kirin- keeps pace with the growth of its business, which employs 150 people in Galashiels. KKI has acquired a 10 year lease to the 10,000 square feet building adjacent to its existing headquarters in Galashiels Business Park and has gained planning permission for the construction of a link building that will create a combined total footprint of 35,000 square feet, an increase of 40 per cent over its current facility. Once construction is completed, KKI plans to refurbish its existing headquarters building. Work is expected to be complete in the autumn, at which point KKI will have space for 200 employees.
German Group Plans $24M Georgia Facility
cpexecutive.com 02 Feb, 2017
Hühoco Group, has announced a new $24 million facility that will be located in Bartow County, Georgia. The company also operates First American Resources, a facility in Mableton, Georgia which employs nearly 100 people. Throughout the process of finding a location for the new facility, the group has joined hands with site selection firm Pegasus Partners.
Nestlé to invest in expansion to Wisconsin manufacturing facility
foodbey.com 02 Feb, 2017
Nestlé plans to expand its manufacturing facility in the US state of Wisconsin. The factories are used to manufacture more than 200 products including infant formula products like Gerber and Good Start, nutritional drinks such as Boost, and health supplements, including the Peptamen brand of peptide-based nutrients. The company will make an unnamed investment to increase the site’s manufacturing capacity and optimise plant assets with a view to more effectively ‘meeting the nutritional needs of US consumers across all stages of health’. The planned expansion is expected to increase production from 100,000 tons to approximately 120,000 tons a year.
Pertamina, Marubeni, Sojitz ink deal for $1.8 bln Java power plant, infrastructure
nasdaq.com 31 Jan, 2017s
Pertamina has signed a deal with state power company PLN to develop a $1.8 billion gas-fired power plant and accompanying liquefied natural gas infrastructure in Java. The company will develop a 1,760 MW plant, along with Japanese partners Marubeni Corp and Sojitz Corp, that will sell electricity to PLN. The project will include the Java-1 combined cycle gas turbine power station, to be built in Cimalaya in West Java province, and an integrated Floating Storage and Regasification Unit (FSRU).
Japanese government planning to build 45 new coal fired power stations to diversify supply
abc.net.au 31 Jan, 2017
The Japanese government is moving ahead with its plans to build up to 45 new coal fired power stations. The power plants will utilise High Energy, Low Emissions (HELE) technology that use high-quality black coal.
Klaas Puul to build new shrimp processing plant
fis.com 31 Jan, 2017
The board of directors of the producer and supplier of fishery products, Klaas Puul B.V., plans to build a shrimp processing plant in Volendam. The new factory will have a surface of 5,506 sq. mtrs, where the packing lines will be installed. The current thawing and cooking facilities will be moved to Edam, in northwest Netherlands, adding another 2.000 sq. mtrs to this factory. Under various white labels, the company supplies almost all major retail organizations in the Netherlands, France, Belgium, Germany and other countries. In addition to a wide range of shrimp and prawn, it also supplies other types of fish (frozen).
Prairie Farms set to expand
journalgazette.net 31 Jan, 2017
Prairie Farms Dairy plans a building expansion at its processing plant at 3400 Lima Road in Fort Wayne. The company proposes rezoning about one acre for a 22,830-square-foot building addition. The plan also requires vacation of parts of two streets, Norfolk and Figel avenues.
LG Chem starts carbon nanotube plant
english.yonhapnews.co.kr 31 Jan, 2017
LG Chem has started the operation of a plant in South Korea that produces carbon nanotubes in a bid to secure a new growth engine and boost its presence in the high-performance material sector. The plant has an annual capacity of producing 400 tons of carbon nanotubes used in such fields as nano technology, electronics, optics and materials science.
GM and Honda Collaborate to Setup Fuel Cell Manufacturing Plant in Michigan
nashvillechatterclass.com 31 Jan, 2017
General Motors has signed an agreement with Honda and the two companies in partnership will mass produce advanced hydrogen fuel cell for future cars. The hydrogen fuel cell system is one among them and they will be produced under the company name Fuel Cell System Manufacturing LLC. It will operate along with GM’s already operational Brownstown facility located in Michigan. The companies are looking forward to mass produce these cells in the year 2020.
Bosch to invest €300 million into AI
access-ai.com 31 Jan, 2017
Bosch has invested €300 million in a centre dedicated to increasing its expertise in Artificial Intelligence (AI). The new Bosch Centre for Artificial Intelligence (BCAI), began its work at the start of this year to boost the companies AI efforts. The centre’s objective is to enhance expertise in the field of artificial intelligence to enhance its IoT expertise. The company estimates that within just five years, products featuring AI are expected to account for 10 percent of Bosch sales. The investment into the BCAI comes as the company’s sales rose in 2016 by 3.5 percent to 73.1 billion euros. The BCAI will initially employ some 100 experts across India, Germany and the US and plans to invest €300 million in the project by 2021.
El Pinto to invest $7M in salsa manufacturing operation
heraldcourier.com 31 Jan, 2017
El Pinto Foods plans to expand its salsa business with a $7 million investment. The expansion will result in more than 6,200 square feet of manufacturing space and about two dozen jobs. The state will contribute $250,000 in local economic development funds for the project. The company currently produces 25,000 salsa and chile jars per shift and has the capacity to make up to 4 million jars a year.
Oman Oil Company To Invest $1B In Oil, Gas Projects In 2017
oilprice.com 31 Jan, 2017
Oman Oil Company (OOC) plans to invest US$1 billion in developing various upstream and downstream projects in Oman this year. The company and its subsidiaries have several major projects in various stages of planning, design and development, including the Salalah LPG project, an ammonia project to expand the Salalah methanol unit, the Duqm gas pipeline, Sohar-Wadi Al Jissi gas pipeline, and a large crude oil storage facility at Ras Al Markaz near Duqm, and several other energy projects in the Duqm free zone. OOC also plans to build another crude oil storage facility at Ras Al Markaz.
Smucker’s planning $340M manufacturing facility in Longmont
dailycamera.com 31 Jan, 2017
Jam and jelly maker Smucker’s is planning a $340 million manufacturing operation in Longmont. Construction will occur in two phases beginning this spring and an anticipated completion date in 2019. Phase one includes up to a $200 million investment to construct and operate the roughly 200,000-square-foot facility. Phase two, a $140 million, 200,000-square-foot expansion, is contingent on product demand, and will raise the worker total to 500.
China Exim bank approves N408bn for Lagos-Ibadan rail project
punchng.com 30 Jan, 2017s
The Export-Import Bank of China has approved about N408bn loan for the Lagos-Ibadan rail project on behalf of the Chinese government. While Nigeria is to bear 15 per cent of the cost of the project, China will shoulder 85 per cent for the first phase fast rail that will eventually terminate in Kano. The contract has been awarded to the China Civil Engineering Construction Corporation last year by the Federal Government and both parties had signed an agreement to that effect.
Novo Nordisk to set up £115M R&D center at Oxford University
fiercebiotech.com 30 Jan, 2017
Novo Nordisk has committed £115 million to set up a Type 2 diabetes drug discovery center at the University of Oxford. The investment will support the creation of the Novo Nordisk Research Centre Oxford at the university’s biomedical campus in Headington and its first 10 years of operation.
Six banks to invest in Solukhola hydel project
annapurnapost.com 30 Jan, 2017
Six banks and financial institutions have agreed to invest in the Upper Solukhola hydel project. A loan agreement has been signed between the project promoter Beni Khola Power Project and Bank at a function organised on 30th January, 2017. The banks are investing Rs. 2.28 billion in the 18 MW project that is estimated to cost Rs. 3.26 billion. Other banks investing in the project are Nepal Bangladesh Bank, Siddhartha Development Bank, Vibor Development Bank and the Hydropower Investment and Development Company. The project is based in Benima VDC of Solukhumbu district and it is expected to become into operation by Magh 1, 2076 B.S.
Norfolk Southern Facilitates $4B Indus Invest Along Rail Lines in 2016
americansecuritytoday.com 30 Jan, 2017
Norfolk Southern provided assistance to 71 industries in locating or expanding their businesses along its rail lines in 2016. The 58 new and 13 expanded industries represent an investment of $4.0 billion by Norfolk Southern customers and are expected to create more than 4,600 new jobs in the railroad’s service area, generating more than 50,000 carloads of new rail traffic annually.
AltaGas commissions 20MW energy storage facility in California, US
utilitiesnetwork.energy-business-review.com 30 Jan, 2017
AltaGas has commissioned 20 MW energy storage facility at its existing Pomona generation facility in the East Los Angeles Basin of Southern California. The lithium-ion battery system is built as part of 10-year energy storage resource adequacy purchase agreement (ESA) signed with Southern California Edison (SCE) in 2016. ARB served as the general contractor for the project with support from the California Building Trades. The project also involved firms including Samsung SDI, Parker Hannifin, and Power Engineers.
ARRK opens new Paint Spraying Facility at its Nuneaton Composites Centre
insidecomposites.com 30 Jan, 2017
ARRK, a product development specialist, has opened a new paint spraying facility at its Composites Centre in Nuneaton, UK. The company has invested in a new 15 square metre Dalby Genesis Q Spray booth, along with a number of preparation and polishing rooms, and a dedicated mixing room.
Sequans opens R&D facility in Sophia Antipolis, France
electroig.com 30 Jan, 2017
Sequans Communications has opened a new development site at Sophia Antipolis in the south of France. The new team currently includes ten engineers who will support Sequans’ core development of LTE semiconductor solutions for the Internet of Things (IoT) and it will work closely with Sequans main R&D engineering team at the company’s Paris headquarters.
GREL invests GH200m to expand operations
graphic.com.gh 30 Jan, 2017
The management of Ghana Rubber Estates (GREL) has committed GH200 million to expand the operations of the company. The investment drive will be executed in two phases over 10 years, involves the construction of a new rubber processing factory this year at its present location at Apimanim in the Ahanta West District of the Western Region. The first phase of the project is expected to be completed in 2019. Besides the new factory, existing processing facilities will be rehabilitated, while new equipment and inputs will be procured for the smooth operations of the company. The second phase of the programme will follow immediately after the first phase is completed.
El Dorado chemical plant to expand
swtimes.com 30 Jan, 2017
Great Lake Solutions will add six high-paying positions at its chemical plant in El Dorado. The company, a subsidiary of global speciality chemicals company Chemtura, is creating the positions at a new 11,000-square-foot research-and-development plant at the facility. The pilot plant is designed to serve as a scale-up and test facility within the global technology group and will bridge between traditional laboratory experimentation and full-scale commercial production.
Chargemaster to invest £15m to expand network
businesscar.co.uk 30 Jan, 2017
Chargemaster will invest £15m to expand its public charging network and introduce new technology. This investment equates to 2,000 new locations across the country, nearly doubling the number of charging points its customers has access to. Chargemaster’s investment also covers new user access systems, including contactless payments and automatic numberplate recognition software, while the website and app will be updated, providing motorists with more information on each site, including points of interest and available facilities. The company also announced plans to introduce wireless charging units commercially within the next two years.
Dairy processing facility inaugurated
tribune.com.pk 30 Jan, 2017s
The Fauji Foods Limited was inaugurated the newly revamped dairy processing facility in Pakistan on 27th January, 2017.
Water Utilities accepts bid for water project
eldoradonews.com 29 Jan, 2017
A bid of $748,405 has been accepted by the El Dorado Water Utilities for a water line replacement project on Arkansas 335, US. The project is being done ahead of highway improvements that are planned by the Arkansas Highway and Transportation Department. The work will include resurfacing the road, adding shoulders, and mitigating sharp curves
Iran Starts Construction of 890 MW Combined-Cycle Power Plant
financialtribune.com 28 Jan, 2017
Ground-breaking on an 890 MW combined cycle power plant (CCPP) project in Khorramabad, Lorestan Province, Iran was done on 26 January, 2017. The project is scheduled to be completed in four years and cost of $780 million.
NTDC connects 1,320MW Sahiwal power plant with grid
tribune.com.pk 28 Jan, 2017
National Transmission and Despatch Company Ltd (NTDC) has connected the 1,320-MW Sahiwal coal-fired power plant with the national grid through a 500 kV transmission line. The project is part of the China-Pakistan Economic Corridor (CPEC) framework. Construction work of the 5-km long transmission line was completed in November 2016. The first unit is expected to start generating 660 MW in May 2017 whereas the power plant will be fully operational in June 2017. The power will be evacuated through 500 kV grid station Yousafwala and 500 kV grid station Lahore.
Yieh Phui to expand output with new production lines
taipeitimes.com 27 Jan, 2017
Taipei-based Yieh Phui Enterprise Co’s two new galvanized and pre-painted steel production lines would start operations in the first half of this year. The two new lines are expected to churn out 200,000 tonnes of galvanized steel and 300,000 tonnes of pre-painted steel annually. Seventy percent of the two lines’ output is to supply the firm’s Chinese customers, while the remaining 30 percent is to be sold to customers in the US, Europe and elsewhere.
Continental to build new passenger, light-truck tyre plant in Rayong
nationmultimedia.com 27 Jan, 2017
Germany-based Continental has chosen Rayong province as the site of a new tyre factory to supply the Asia-Pacific region. In the first phase, the investment will amount to around 250 million euros with planned production of about 4 million passenger and light-truck tyres (PLT) per year by 2022. The start of operations is planned for 2019. The size of the site is about 750,000 square metres, which allows a capacity expansion to up to 25 million tyres per year. Start of construction and groundbreaking is expected before the end of 2017.
Alsons limits Japanese firm’s ownership in Sarangani plant
bworldonline.com 27 Jan, 2017
Alsons Consolidated Resources, Inc. (ACR) has put a cap on the ownership share of its Japanese partner in the Sarangani coal-fired power plant. Sarangani Energy held the ceremonial switch-on of its first 105-MW unit and the broke ground for the second unit on 26th January, 2017. Sarangani Energy currently holds 75% in the project, and is willing to trim this stake to 51% to remain the majority stakeholder. The decision on Sarangani Energy’s newest partner should be finalized in the first half; Toyota Tsusho will keep its stake at 25%.
Qatar Airways may invest in Indian aviation sector
TOI 27 Jan, 2017
India has invited Qatar to invest in its airline sector. During recent bilateral negotiations to increase flying rights between the two countries, the Indian aviation ministry asked Qatar to invest in either a startup airline in India or an existing one.
Hero Cycles opens global design centre in Manchester
BS 27 Jan, 2017
Hero Cycles on 27 January, 2017, opened a global design centre in Manchester, UK, at an investment of 2 million pounds to develop next generation bikes based on latest technology. With major expansion plans in Europe, the Global Design Centre (GDC) will help the company produce technology and design to cater to differentiated products to suit the needs of different European markets. The bikes designed at the GDC will be made at Hero’s plant in Sri Lanka and exported to Europe, Africa and India.
Japan banks to back Indonesian geothermal power project
asia.nikkei.com 27 Jan, 2017
The Japan Bank for International Cooperation (JBIC) and Mizuho Bank, Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking Corp. will provide a syndicated loan with the Asian Development Bank for an Indonesian geothermal power plant planned by Sumitomo Corp. The sum will total around $440 million, of which JBIC will cover roughly $200 million. Sumitomo will break ground on the 80-MW plant in March, and plans to begin commercial operations in 2019. Fuji Electric will supply the plant’s main parts. The project’s cost is estimated at $610 million, of which Sumitomo will invest around 35%. Indonesia’s Supreme Energy and France’s Engie will also participate.
Hedcor hydro project gets La Trinidad group’s nod
manilatimes.net 27 Jan, 2017
The Indigenous People of La Trinidad Organization (LTIPO) has signed a partnership with Hedcor Inc., the renewable energy subsidiary of Aboitiz Power Corp. (AboitizPower), for the development of the 19-MW Bineng combined hydropower project. LTIPO will get one centavo per kilowatt royalty share from the generation of the hydropower plant. With the projected energy output, about P600,000 will be remitted to LTIPO annually out of the generation of the hydropower plant and about P800,000 will go to their development fund. The project is expected to be operational by 2018.
Bulgaria’s Bulpharma to invest 2 mln euro in hospital expansion
seenews.com 27 Jan, 2017
Bulgarian healthcare services provider Bulpharma is investing $2.1 million/2 million euro in expanding its hospital at Sofiamed. The new hospital building will have seven floors. Before the planned expansion, the stationary section of the hospital has 582 beds available.
Minerals firm Kilwaughter to invest £5m and create 30 jobs
irishnews.com 27 Jan, 2017
Larne-based Kilwaughter Minerals has revealed a significant investment programme to support long-term growth across the UK and Ireland. Kilwaughter, which provides specialist products for the construction and agriculture sectors, is injecting £5 million into the business over a two-year period.
Japanese company to invest USD 1 million in eel farming project
fis.com 27 Jan, 2017
A Myanmar-Japanese joint venture aims at increasing farmed eels exports to the Japanese market. The companies involved, Anawa Devi Fishing & General Trading Co-op Ltd and Japan-based Daiichi Koutsu Sangyo Co, will farm level-finned eels. Under the agreement, Daiichi plans to invest USD1 million while Anawa Devi will provide land, research and other basic infrastructure. At the beginning, the project will cover 1 hectare of land at Yangon Pauk Village in Dala Township, a southern part of Myanmar’s business hub Yangon.
Pomona Energy Storage Facility opens near natural gas plant
elp.com 27 Jan, 2017
AltaGas Ltd. celebrated the opening of its Pomona Energy Storage Facility at the site of its existing Pomona natural gas-fired co-generation facility in the East Los Angeles Basin of Southern California. The project has 20 MW of energy storage capacity. In addition, the company completed construction of the lithium-ion battery system in less than four months. Under the terms of the ESA, AltaGas will provide Southern California Edison with 20 MW of resource adequacy capacity for a continuous four-hour period. Commercial operations began on December 31, 2016.
GAC partners with Hemas to build an integrated logistics facility in Sri Lanka
hellenicshippingnews.com 27 Jan, 2017
GAC Sri Lanka has partnered with Hemas Transportation to build an integrated logistics facility in Muthurajawela Industrial Zone in Sri Lanka. A groundbreaking ceremony was held on 27 January, 2017. The facility is expected to be operational by early June 2017 and the distribution centre by February 2018. This facility will be equipped with a modern container terminal with a capacity of 6,000 TEUs made up of seven high container stacking, a 15-acre warehousing and a distribution centre offering Third Party Logistics (3PL) services.
ADMA Biologics to Acquire Plasma-Based Biologics Facility from Biotest
pharmtech.com 27 Jan, 2017
ADMA Biologics, a late-stage biopharmaceutical company, signed a definitive agreement to acquire certain manufacturing and therapy-related assets from Biotest Pharmaceuticals Corporation (BPC), a wholly-owned subsidiary of Biotest AG. ADMA will be acquiring facilities including two buildings in Boca Raton, FL that house a fully equipped plasma fractionation and purification plant of FDA licensed biologics, testing laboratories, office space, ambient and cold storage warehouses, as well as a commercial scale monoclonal antibody production facility
Williams Sausage Company To Build Second Manufacturing Plant In Union City, Tennessee
areadevelopment.com 27 Jan, 2017
Williams Sausage Company, Inc., will build a second plant in Union City, Tennessee. It produces fresh sausage, fully cooked sausage, bacon, sandwiches and other food products for wholesale to retail grocers, restaurants, whole grocery warehouses and food distributors. It will invest about $37 million to construct an approximately 180,000-square-foot facility in Obion County, which will include a cold storage distribution center, truck maintenance operations, corporate offices and a new sandwich processing line.
Huile Lesieur To Invest €21 Million In Facility
esmmagazine.com 27 Jan, 2017
French table oils and condiments company Lesieur has announced a €21 million investment that will be used to update its production facility and R&D unit in Coudekerque, northern France. Of this capital, €2.4 million will be spent on its refining site, €17 million on its table oils and packaging plant, and €2 million on its Research, Innovation and Development Center.
TierPoint To Expand Nashivile Tier III Data Centre In Partnership With Compass Data Centers
data-economy.com 27 Jan, 2017
TierPoint is set to invest $20m in expanding its data centre facility in Nashville, Tennessee, in a partnership with Compass Data Centers. The provider acquired the data centre as part of a $575m acquisition of Windstream Hosted Solutions in 2015. The expansion at the Tier III Franklin site will increase hosting capacity to 53,000 sqf from today’s 22,000 sqf. Works are expected to be completed by mid-2017.
Solar power for LafargeHolcim in Jordan
aggregateresearch.com 27 Jan, 2017
LafargeHolcim in Jordan has signed an agreement with Adenium Energy Capital to build a solar power plant. The plant will provide up to a quarter of the energy needs of the Rashadiya cement plant. Adenium will start building the solar power plant this year with completion due in July.
Italian waste cementation complex under construction
world-nuclear-news.org 27 Jan, 2017
The pouring of the concrete for the foundation plate marks a milestone in the construction of the Cemex cementation facility for liquid radioactive waste produced at Italy’s Eurex pilot reprocessing facility at Saluggia in northern Italy. The facility was shut down in 1984. Societa Gestione Impianti Nucleari SpA (Sogin) took over management of the plant in 2003. This facility will include a waste cementation plant; a storage building for high-level cemented waste; and, a storage building for intermediate-level wastes. The Cemex facility will cement and condition some 260 cubic meters of liquid radioactive waste.
Iran explains latest nuclear deals with Russia
en.trend.az 27 Jan, 2017
Iran has signed two deals with Russia in nuclear sphere, including the production of stable isotopes and nuclear fuel. Iran is able to produce 20-percent enriched uranium fuel, but the process is very complicated and Russia would provide a nuclear fuel production road map to Iran based on the agreement. Iran’s major 1 GW power plant Bushehr uses 3.5-percent enriched nuclear fuel. Iran plans to construct more nuclear power plants of the same scale in coming years with Russia. Russia would construct two new power plants at Bushehr’s scale for Iran after getting 185 million euros of advance payment.
Allen Harim, Artesian announce agreement to build wastewater pipeline
delaware1059.com 27 Jan, 2017
Allen Harim and Artesian Wastewater Management reach agreement on a plan to build a pipeline for wastewater from the Harbeson chicken processing plant of Allen Harim to Artesian’s Northern Sussex Water Recycling Facility north of Milton. Construction is expected to take place during the next 18 months. In the future, Artesian will manage the disposal of any wastewater generated at the Harbeson facility. Artesian plans to make a $17-million infrastructure investment.
Diana Food to invest $50 million in Banks County
coosavalleynews.com 27 Jan, 2017
Diana Food, part of the Symrise Group, will invest $50 million in a food processing, manufacturing and research and development facility in Banks County. The approximately 90,000-square-foot facility will be located in the Banks Crossing Business Park and will consist of office, manufacturing and warehouse space on nearly 40 acres. The facility will be predominantly dedicated to meat processing.
Cornwall to invest £18 million in IT infrastructure
ukauthority.com 27 Jan, 2017
Cornwall Council has announced plans for an £18 million investment on its IT infrastructure over the next three years, with an initial emphasis on a “digital front door” for its residents to access services. Its cabinet approved the spending. The council will spend the next two months identifying more precise priorities.
Angola’s SWF to invest $180 million in sea port
asokoinsight.com 27 Jan, 2017
Angola’s sovereign wealth fund, the Fundo Soberano de Angola (FSDEA), has committed to invest $180m in a strategic deep sea port in Angola, which will be built in two phases. Phase 1 will result in a terminal of 630 meter length connected to the shore via a two kilometres long connection bridge. Port facilities will include a free trade zone, ship repair, storage and unloading.
UAE to invite Indian firms for upstream oil and gas investments in Abu Dhabi
TOI 27 Jan, 2017
OPEC member United Arab Emirates will invite Indian firms for upstream oil and gas investments. The investments will involve both public and private firms. Abu Dhabi National Oil Co (Adnoc) would also seek investment opportunities in renewable energy.
Armenia International Airports ready to invest in Shirak airport’s development
arka.am 26 Jan, 2017
The Armenia International Airports, a company run by an Argentinean Armenian businessman Eduardo Eurnekian, is ready to invest in the local Shirak airport. Currently Armenia has two operating airports – Zvartnots in Yerevan and Shirak in Gyumri, both run by Armenia – International Airports company in accordance with the 30-year concession management agreement signed with the Armenian government in 2001.
Almac to Expand in Ireland, Adding 100 Jobs
genengnews.com 26 Jan, 2017
Almac Group will expand in Ireland by building a new facility in Dundalk, County Louth, at IDA Business Park. The new facility would add 32,000 square feet to its space across Europe. The company also will spend £5 million to build an additional laboratory and office facility at its global headquarters in Craigavon, Northern Ireland, as well as £2 million toward a renovation of the Arran Chemical Company facility in Athlone, Ireland, designed to add to its manufacturing capacity as well as its distillation and drying capabilities.
Ohio Auto testing facility to get $45 million grant for expansion
13abc.com 26 Jan, 2017
An automotive testing facility outside Columbus will receive a $45 million grant to expand. The Ohio state, OSU and JobsOhio are providing the grant for the Transportation Research Center in East Liberty, a testing facility about 45 miles northwest of Columbus. The university is contributing $25 million, the state $12.5 million and JobsOhio $7.5 million.
Coca-Cola to invest $200mln for expansion in Pakistan
thenews.com.pk 26 Jan, 2017
Coca-Cola Company announced a further $200 million investment in Pakistan and expand production and distribution capacity in Pakistan. It plans to invest in two new plants at Faisalabad and Islamabad, preferably at the special economic zones (SEZ).
Germany Offers to Invest $12bln in Iran’s Oil Industry
hellenicshippingnews.com 26 Jan, 2017
Germany’s major oil and petrochemical companies, including BASF, have expressed their willingness to invest a total of $12 billion in the Iranian oil sector. BASF has offered to invest in a six-billion-dollar project to establish petrochemical sites in southern parts of Iran. Wintershall Holding GmbH, a wholly owned subsidiary of BASF has signed an MoU with the National Iranian Oil Company (NIOC) to make studies on four oil fields west of Iran.
Turkish firm to set up 100MW solar plant in Bahawalpur
tribune.com.pk 27 Jan, 2017s
Government of Punjab has reigned in a Turkish company to set up a 100 MW solar power plant at Quaid-e-Azam Solar Park within the stipulated time of six months. While the government has allowed six months for the completion of the power project, the Turkish firm has been urged to complete this plant in four months. The government also handed over the documents of the land to the company.
AFI Europe to invest 200 mln euro in residential, shopping complex in Belgrade – local govt
seenews.com 26 Jan, 2017
AFI Europe plans to invest 200 million euro in the construction of a residential and shopping complex in the Serbian capital. The complex, named Skyline Belgrade, will have a floor area of 68,000 sq m and its construction will give a boost to the local industry. The construction of Skyline Belgrade, including a residential complex of 34,000 sq m, a shopping mall of 30,000 sq m and a retail area of 4,000 sq m, will begin in August or September and will last for four or five years. The project involves the construction of three towers, two of them residential, and an underground parking lot for 900 cars.
Norwegian Company to Invest in Hydropower in Georgia
georgiatoday.ge 26 Jan, 2017
Clean Energy, a renewable energy company based in Lysaker, Norway, plans to invest seven to eight billion krones in building a hydroelectric power plant in Georgia. The project, expected to be completed in five years’ time, will be the largest Norwegian-led hydro-electric power plant ever built outside the country. The company plans to partner with Enka, a Turkish industrial company. The final power plant will have the capacity to produce 1.5 to 1.6 terawatt hours, and have 436 MW of installed capacity.
Fibre maker Prysmian sets up in Chile
globaltelecomsbusiness.com 26 Jan, 2017
Prysmian, maker of cable systems, has set up a new operation in Chile. The company has been selling into the Chilean market for many years and it has decided to open a local legal entity in order to expand its reach in the country.
EU considers spending Sh20bn in loan and grant to boost Mombasa Port projects
nation.co.ke 26 Jan, 2017
The European Union is considering investing at least Sh20 billion on Mombasa Port projects including modernisation of berths. The European Investment Bank (EIB) has already received a request for funding from the Kenya Ports Authority (KPA), which is being processed as a loan, while a grant is also in the pipeline. TradeMark East Africa (TMEA) is assisting with the processing procedures and a decision will be made soon.
Macquarie Capital, Dong Energy to invest in Taiwan’s offshore wind project Formosa I
wind.energy-business.com 26 Jan, 2017
Macquarie Capital and Dong Energy have signed an agreement to acquire 50% and 35% stakes, respectively, in the Taiwan’s first offshore wind project, Formosa I, from local developer Swancor Renewable. The 128 MW Formosa I is being developed in two phases. The 8 MW first phase, featuring two Siemens-built SWT-4.0-120 offshore wind turbines, has been commissioned in October 2016. The second phase involves installation of a further 120 MW of capacity during 2019. It is subject to final investment decision. Upon completion of the deal, the Formosa I wind farm will be jointly owned by Macquarie Capital with 50% stake, Dong Energy 35%, and Swancor Industries 15%. As part of the deal, the three firms will partner to complete the development and construction of the wind farm. DONG Energy will provide advisory services while Swancor Renewable will lead the project through site development and construction.
Malabar Gold opens 7 new stores across GCC
thehansindia.com 26 Jan, 2017
Malabar Gold & Diamonds (MGD) opened seven new stores across GCC on same day i.e. 18th January, 2017, taking the total number of showrooms to 168 from the 161. The newly opened stores include five showrooms in UAE and one each in Kuwait and Bahrain. As part of its ongoing retail network expansion plan, Malabar Gold & Diamonds will take the total number of showrooms to 185 by March 2017.
Montenegro’s Uniprom Metali to invest 3 mln euro in bauxite mine
seenews.com 26 Jan, 2017
Uniprom Metali plans to invest 3 million euro in bauxite mining complex Rudnici Boksita in the next six months. The funding will go to the belt conveyors of the mine and will increase the monthly bauxite production to between 45,000 and 50,000 tonnes monthly.
Dulles Glass & Mirror to invest $7.5M in Prince William Co. HQ
wtop.com 26 Jan, 2017
Dulles Glass and Mirror will invest $7.5 million to consolidate its corporate headquarters, research and development, manufacturing and warehouse operations in an 84,000-square-foot facility in Manassas. The manufacturer of glass, mirror and shower doors will receive a $100,000 grant from Virginia’s Economic Development Opportunity Fund to help with its Prince William County expansion. The company will also benefit from consulting services through the Virginia Jobs Investment Program.
FSDEA to invest $180m to build deepsea port in Angola
ship-technology.com 26 Jan, 2017
Angola’s sovereign wealth fund Fundo Soberano de Angola (FSDEA) plans to invest $180m for the development of a deepsea port in the region. The proposed investment is part of the FSDEA’s $1.1bn infrastructure fund, and will facilitate construction of a 630m-long terminal linked to the shore via a 2km-long connection bridge as part of its first phrase. The water depth of the terminal will be 14m, while the access channel will be 15m deep. The project’s construction will be carried out in two phases, with a free-trade zone, ship repair, and storage and unloading facilities also included in the plans.
NEB approves Enbridge’s plan to expand oil pipeline through Hamilton
cbc.ca 26 Jan, 2017
The National Energy Board has approved Enbridge’s Line 10 expansion running 35 kilometres through rural Hamilton. Enbridge can move ahead with replacing 12-inch pipe with new 20-inch pipe from Westover to the Nanticoke Junction Facility in Glanbrook. The $219 million project is unlikely to have significant adverse environmental effects.
NDIGITEC to open facility in Dubai Production City
constructionweekonline.com 26 Jan, 2017
Namma Int’l Digitec (NDIGITEC) plans to open a fabrication facility in Dubai Production City. Fabrication services offered by the plant will cover the fields of digital signage, fit-out, turnkey projects, event podiums, displays, and exhibition stands. The new production facility is a major step forward for NDIGITEC, and will strengthen the company’s position as the market leader for creative production services.
Aemulus to invest RM25mil in R&D over next 3 years
thestar.com.my 24 Jan, 2017s
Aemulus Holdings Bhd plans to invest RM25mil in Research and Development (R&D) over the next three years following the purchase of a piece of land in the Bayan Lepas industrial estate, Penang. The company, which designs and assemble automated test equipment and test and measurement instruments, is buying 1.62 acres in the industrial park for RM9.93mil. It had signed a sale and purchase agreement with the Penang Development Corp to buy the land, which works out to RM140 per sq ft. The corporate office and design centre with built-up area of 50,000 sq. ft are expected to be ready by December 2018.
China to invest heavily in major water conservation projects
chinadaily.com.cn 24 Jan, 2017
China will start 15 new major water conservation projects in 2017 amid efforts to boost investment and stabilize growth. Total investment in major water projects under construction shall exceed 900 billion yuan by the end of this year, compared with the current level of 800 billion yuan.
Cherat Cement announces another expansion plan
tribune.com.pk 24 Jan, 2017
Cherat Cement will install a third cement production line at its existing site in Nowshera, Khyber-Pakhtunkhwa. The new plant will have an annual production capacity of 2.1 million tons, taking the company’s total output to 4.5 million tons a year-about 10% of the current installed production capacity in Pakistan. The company is already working on its second production line that will have a capacity 1.3 million tons, which is expected to come online in the second half of 2016-17.
Wal-mart To Invest $6.8Mn In Expansion, Revamp
esmmagazine.com 24 Jan, 2017
Wal-mart Stores Inc. has announced an investment of around $6.8 billion in the expansion and refurbishment of stores and e-commerce sites, as part of its 2017 corporate targets. In addition, the company plans to extend its retail and retail-management training facilities, in order to accommodate over 225,000 students nationwide, and to invest in the US textile-manufacturing sector-in partnership with the Walmart Foundation and the US Conference of Mayors – by contributing to the US Manufacturing Innovation Fund grants scheme.
Solar facility proposed for county landfill
reporterherald.com 24 Jan, 2017
Larimer County commissioners approved the option on 24th January, 2017 to enter into a lease agreement with the Poudre Valley Rural Electric Association for a solar facility that will go on the southwest portion of the county’s landfill property. If implemented, it will need to be exercised on or before 31st December, 2018. The landfill is shared by the county, the city of Fort Collins and the city of Loveland, and the facility will be located on the county’s portion of the site.
Daisy Brand expanding Wooster facility; adding 80 jobs
ohio.com 24 Jan, 2017
Daisy Brand plans to expand its new Wooster facility. The 100,000-square-foot expansion allowing for cottage cheese production will cost an estimated roughly $45 million to build. The company will spend approximately $97 million more on machinery and equipment for the addition.
WestPoint Home opens its third new facility in Bahrain
yarnsandfibers.com 24 Jan, 2017
WestPoint Home, US-based textiles manufacturer as part of the company’s ongoing growth in the Gulf kingdom inaugurated its new spinning facility in Bahrain. Works on the spinning expansion are initiated in 2015 with the aim of mitigating the negative financial impacts of the 2016 expiration of the tariff preference level that allowed it and other textile manufacturers in Bahrain to import certain support materials, such as yarn, and export finished goods into the US duty free. The new $9 million investment marks WestPoint Home’s third expansion in Bahrain over the past five years and more than $160 million of investments over the past 10 years, where products produced generate over 50 percent of its total global revenues annually.
Winsted zoning commission approves construction of storage facility
registercitizen.com 24 Jan, 2017
The Planning and Zoning Commission approved the construction of a storage facility at 180 Rowley St. on 23rd January, 2017. A building containing self-storage units and an accompanying parking lot will be built on a vacant lot. A portion of the existing structure at 178 Rowley St. will be converted into 64 storage units as well, with 2,000 square feet of retail space being removed in a corresponding move.
Cambria Brand to Expand to Sonoma County, CA
m.hotelbusiness.com 24 Jan, 2017
Choice Hotels International Inc. has signed an agreement with franchise partner Stratus Development Partners, LLC, to develop a new Cambria Hotel & Suites in Sonoma County, California. The four-story, 132-room Cambria property will be located at 5870 Labath Ave. in Rohnert Park. Expected to open in 2019, the Cambria Hotel & Suites Sonoma County is proximate to Napa Valley, offering nearly 60,000 acres of vineyards and more than 400 wineries. Property highlights will include a meeting space, an outdoor pool, fitness center, restaurant and lounge.
Serbia’s EPS starts project to expand Drmno coal mine’s capacity
seenews.com 24 Jan, 2017
Elektroprivreda Srbije (EPS) has started the installation of an Excavator-Conveyor-Spreader (ECS) system in Drmno mining basin as part of a project for the modernisation of Kostolac B coal-fired power plant. The system is valued at $123 million and its installation will increase the capacity of the Drmno mining basin in the complex to 12 million t annually from the current 9.0 million t. The company will complete the installation of the ECS, including a 12 km-long transport system, by 2019. The modernisation project also includes the construction of a 350 MW third unit at Kostolac B coal-fired power plant, to be completed by 2020.
MidAmerican Energy to build two new wind farms in Iowa
renewableenergymagazine.com 23 Jan, 2017
MidAmerican Energy plans to build new wind farms in Boone, Greene and Mahaska counties in Iowa as part of the company’s Wind XI project. The two projects are the Beaver Creek wind farm in Boone and Greene counties and the Prairie wind project in Mahaska County, the first Wind XI project sites to be selected. The company plans to begin construction of the wind farms in April with completion scheduled for the end of 2017. The projects will add 338 MW of new wind generation capacity in Iowa. Beaver Creek will consist of 85 turbines and add 170 MW of wind generation capacity, while the Prairie wind project will have 84 turbines and add 168 megawatts.
P117-billion train project to link Manila and Bicol
manilatimes.net 23 Jan, 2017
Filipino and Chinese transportation and railway officials are expected to seal anytime soon an MoU that will pave the way for rehabilitation and modernization of the 653-kilometer Manila to Bicol railway system. The P117.3-billion Manila-Bicol South Railway project has been approved last year by the National Economic and Development Authority. The project will be implemented under the public-private partnership scheme.
340-MW Toledo plant ready by early 2018
business.inquirer.net 23 Jan, 2017s
The 340 MW thermal power plant in Toledo City owned by Aboitiz Power Corp.’s subsidiary Therma Visayas Inc. is now 90-percent complete and is expected to enter commercial operations in early 2018.
Mexico City to get new thermal solid waste treatment plant
internationallawoffice.com 23 Jan, 2017
The Mexico City government recently published public tender guidelines for the design, construction and operation of a thermal solid waste treatment plant, which will generate and provide up to 965,000 MW hours of electric power per year to the city’s subway system. The tender winner will be announced by 27th February, 2017 and will sign a 33-year contract under a long-term service provision project. After this period, the local government will take possession of the plant and become the new owner.
Spire Healthcare opens new £65m hospital in Manchester
digitallook.com 23 Jan, 2017
Spire Healthcare has opened a new, £65m hospital in Didsbury, South Manchester. This facility comprises six operating theatres, 76 patient beds (inpatient and day-case) and 23 outpatient consulting and treatment rooms. It will offer complex surgery and medicine through a large and fully functioning Intensive Therapy Critical Care Unit, including five Level 3 Critical Care beds, together with diagnostic and imaging equipment from Siemens. Other new services include hydrotherapy, a hybrid theatre and a 120-seat education centre.
Morocco to set up field hospital in South Sudan
BS 23 Jan, 2017
The Kingdom of Morocco on 20th January, 2017 announced to establish a multi-specialty field hospital in Juba. This field hospital has a capacity of 30 beds that can be extended to 60 and it comprises 20 specialist doctors, 18 nurses and will provide medical services in various specialties including pediatrics, internal medicine, surgery, cardiology, traumatology, dentistry, ophthalmology and ENT medicine. The hospital will also have a medical laboratory and a pharmacy.
thyssenkrupp to invest further in automotive components business in China
automotiveworld.com 23 Jan, 2017
Thyssenkrupp is further expanding its automotive components business in China. The industrial group plans to build a new plant for springs and stabilizers in the Chinese city of Pinghu. Construction work is to start in the course of this year, and from 2018 the plant will produce around five million springs and stabilizers per year.
Bulgarian vet drugs maker Vetprom to invest 11 mln euro in plant expansion
seenews.com 23 Jan, 2017
Vetprom, a Bulgarian veterinary drugs producer will invest 11 million euro in expanding the capacity of its plant in the town of Radomir. The investment project is aimed at increasing the output, as well as improving the quality of the products, through the introduction of new production equipment. In addition, new medicinal products will be introduced.
Mundoro to invest $1.5 mln to advance exploration projects in Bulgaria, Serbia
seenews.com 23 Jan, 2017
Mundoro Capital, minerals exploration company will invest $1.5 million in 2017 to advance the exploration of the company’s 100% owned projects in Bulgaria and Serbia. Further, the company’s $300,000 exploration programme at the Borsko Jezero licence, funded by Japan Oil, Gas and Metals National Corporation (JOGMEC), has generated targets, where a drilling programme is expected to commence in the first half of 2017. In addition, $1.5 million, funded by JOGMEC, are expected to be invested in exploration programmes at the four North Timok Properties-Zeleznik, Borsko, Dubrava and Padina, between April 2017 and March 2018.
Kronospan Bulgaria to invest 21.8 mln euro in capacity expansion
seenews.com 23 Jan, 2017
Kronospan Bulgaria will invest 21.8 million euro to expand the capacity of its production facilities. The investment project is aimed at increasing the company’s particle boards (PDC) output and the introduction of a new product, medium-density fibreboards (MDF). Kronospan is among the leading manufacturer of wood products for the furniture industry on the Bulgarian market.
Severn Trent to invest £1.5m in Oakham water pipes
stamfordmercury.co.uk 23 Jan, 2017
Severn Trent is investing around £1.5m in new water pipes in Oakham as part of a project that will provide a reliable water supply for the town for years to come. The company is planning to replace almost three kilometres of water pipes in the market town and local people are being invited to share their views on the project. The work will start on 6th February, 2017 on Station Road at the Burley Road junction.
Airport breaks ground on parking facility
nashvillepost.com 23 Jan, 2017
Metropolitan Nashville Airport Authority officials on 23rd January, 2017 broke ground on a massive parking structure, the first element comprising the authority’s approximately $1 billion BNA Vision expansion plan. To be called the Parking and Transportation Center, the six-level, 2,000-space facility is slated to be opened in summer 2018. Global architecture firm Atkins is designing the building, with the Nashville office of Kansas City-based JE Dunn Construction to serve a general contractor. Facility features will include a parking space guidance system, a green-screen vegetation wall, the capacity for 20,000 gallons of rain water harvesting for landscape irrigation and (on the top level) a 50-kilowatt solar array.
Bangladesh to invest in hydro projects in Nepal, import electricity
english.onlinekhabar.com 22 Jan, 2017
Bangladesh plans to sign an agreement with Nepal to invest in hydropower projects and import electricity. The deal will be signed within a month. At present, Bangladesh imports 600 MW of electricity from India. The aim of the government is to import 10,000 MW from neighboring countries. It will take five to seven years to produce electricity from a hydropower project
NIPCO’s 5,000 MT LPG storage facility to boost cooking gas supply
dailytrust.com.ng 22 Jan, 2017
The Nigerian Independent Petroleum Company (NIPCO)’s 5,000 metric tonnes Liquefied Petroleum Gas [LPG) storage facility under construction will boost domestic supply of cooking gas in the country. The project will be completed in August this year
Xrbia to tap Africa, Canada, France for overseas expansion
economictimes.indiatimes.com 22 Jan, 2017
Xrbia Developers is aiming to tap newer geographies like Africa, Canada, France, South America and London. Earlier this month, the company entered the London market with its first affordable housing project through a partnership with a local builder for a 1 million sq. ft project spread over 20 acres. The project is expected to be launched in the next one month.
Nakamichi Corp Bhd to invest US$146 million in Kazakhstan O&G project
nst.com.my 21 Jan, 2017
The town council of Potter, Pennsylvania unanimously approved a conditional use permit allowing a unit Nakamichi Corp Bhd is set to invest US$146 million in an oil and gas project in Kazakhstan. The company will team up with Aktau Transit LLP and Aktau’s parent company Caspian Oil Project LLP (COP) to undertake the venture. It signed an agreement with Aktau Transit and COP on 20th January, 2017 to jointly monitor and oversee the exploration, development and production activities of Aktau Transit’s two oilfields as part of its plan to regularize its financial position.
Jurong Port opens new training facility
straitstimes.com 21 Jan, 2017
Jurong Port has opened a new training facility to upskill port workers and prepare them for the future. The facility, which is housed at the Devan Nair Institute for Employment and Employability (e2i) in Jurong Gateway, features classroom-based training and the use of simulator tools. This will be used together with a new dedicated training yard within the port, where hands-on equipment training will take place.
NextDecade Signs To Develop Shoal Point LNG Export Facility
oilandgasinvestor.com 20 Jan, 2017
NextDecade LLC will potentially develop the multibillion-dollar LNG export facility at Shoal Point in Texas. The firm has signed for the site that is roughly 1,000 acres. Texas City owns almost 376 acres at Shoal Point, while the Texas General Land Office manages the adjoining 618 acres of state land. The company is also focused on the Rio Grande LNG project in South Texas.
Palermo’s planning $9.5 million in facility upgrades
biztimes.com 20 Jan, 2017
The maker of Palermo’s Pizza is planning $9.5 million in upgrades to its 250,000-square-foot manufacturing facility in the Menomonee Valley. West Allis-based First-Ring Industrial Redevelopment Enterprise is considering allocating $9.25 million in New Markets Tax Credits for the Palermo Villa Inc. project, which will focus on transforming the layout of the facility’s packaging area. The packaging area currently has three lines and will be reconfigured to maintain maximum speed while adding new equipment for shrink wrapping, cartonning, case packaging and palletizing.
OPC and CHEC to expand container terminal at Puerto Cortes port in Honduras
ship-technology.com 20 Jan, 2017
International Container Terminal Services (ICTSI) subsidiary Operadura Portuaria Centroamericana (OPC) has entered a deal with the China Harbour Engineering Company (CHEC) to expand the first phase of a specialised container and cargo terminal in the port of Puerto Cortes, Honduras. A new 350m-long berth with a depth of 15.5m, as well as two trestles to be connected to the existing yard, will be built under the deal. The expanded berth will be also dredged up to 14m deep and equipped with two super post-Panamax quay cranes, increasing the number of OPC cranes in the port to six. The proposed terminal expansion is expected to help Puerto Cortes improve its presence in the Caribbean region, as is scheduled to be completed by the middle of next year.
Airport seeks to expand business park
courier-journal.com 20 Jan, 2017
Regional Airport Authority officials intends to add 62 acres to the rapidly developing Renaissance South Business Park south of Louisville International Airport. The project includes a proposed new interchange on the Gene Snyder Freeway at Air Commerce Drive, near where the Snyder and Interstate 65 intersect. The business park currently has about 790 acres bounded by the Outer Loop on the north, the Snyder on the south, I-65 on the east, and the UPS hub property on the west.
Pihsiang Machinery sets up 2MWp rooftop PV system in northeastern Taiwan
digitimes.com 19 Jan, 2017
Pihsiang Machinery Mfg., a maker of electric wheelchairs, scooters and bicycles, has cooperated with J&V Energy Technology, an investor in PV power generation, and New Green Power, an EPC (engineering, procurement, construction) contractor for PV power generation, to set up a rooftop PV system with total installation capacity of 2 MWp to generate electricity of estimated 2.11 million kWh a year.
Gazprom to invest $704 million for Turkish Stream in 2017
azertag.az 19 Jan, 2017
Russia’s Gazprom’s investments for the Turkish Stream natural gas pipeline project in 2017 is projected at $704 million. The company will invest 159 billion rubles in 2017 for the Power of Siberia project and 111 billion rubles for the Nord Stream II gas pipeline project. The project is planned to begin its first gas deliveries in late 2018 with 5 bcm per year, and will become fully operational in 2019. The Nord Stream II natural gas project consists of a twin 1,224-kilometer-long offshore pipeline system through the Baltic Sea, from Russia to Germany. The pipelines are planned to be constructed with a capacity to transport 55 bcm of natural gas a year to Europe. This amount is enough to supply about 26 million households in the region.
Irish Distillers To Invest Over €10M In Production Capacity At Midleton Distillery
businessworld.ie 19 Jan, 2017
Irish Distillers plans for a €10.5 million investment at Midleton Distillery, Cork which will see the company increase its single pot still Irish whiskey production capacity by over 30%. Three new copper pot stills will be installed at Midleton Distillery to help support the Irish Whiskey Association’s target of global growth of 300% by 2030. It is estimated that 60 jobs will be supported during the construction phase. The three copper pot stills, handmade by master coppersmiths Forsyth’s of Scotland and weighing a combined 24 tonnes, are delivered to Midleton Distillery on the night of January 18th. Each still has a capacity of over 75,000 litres. Installation has commenced and the stills will be operational by June 2017.
Pennsylvania town approves construction of Shell petrochem facility
reuters.com 19 Jan, 2017
The town council of Potter, Pennsylvania unanimously approved a conditional use permit allowing a unit of Royal Dutch Shell PLC to move forward with construction of a multibillion-dollar petrochemical complex near Pittsburgh. The project will cost about $6 billion. The facility will use low-cost ethane from shale gas producers in the Marcellus and Utica basins in Pennsylvania, Ohio and West Virginia to produce 1.6 million tonnes of polyethylene per year. The company expects to be able to start construction sometime near the end of 2017, with a target in-service date early in the next decade.
Pine Pharmacy plans drug compounding facility in Tonawanda
buffalonews.com 19 Jan, 2017
Pine Pharmaceuticals LLC, wants to construct a 25,000-square-foot, single-story building on a 4.2-acre undeveloped parcel at 355 Riverwalk Parkway in the Riverview Solar Technology Park. The building will house its offices, laboratory, manufacturing, warehousing and distribution operations. The company has applied for $278,250 in sales tax breaks, $27,750 in mortgage recording tax incentives and additional property tax breaks from the Erie County Industrial Development Agency. If the firm receives ECIDA and municipal approvals, officials hope to begin work by 14th March, 2017 and finish by 28th September, 2017, with manufacturing slated to begin by 3rd November, 2017.
Camplex Completes Second Fiber Optic Facility Expansion in Nine Months
tvtechnology.com 19 Jan, 2017
Camplex, designer and manufacturer of professional broadcast fiber optic interface gear, completes its second facility expansion in nine months. The latest build includes additional work stations for termination, a more efficient workflow layout, and dedicated work stations for diagnostics and repairs.
Latin chicken restaurant chain expands in Houston
chron.com 19 Jan, 2017
Three new Pollo Campero restaurants are opening in the Houston area as part of what the Latin chicken restaurant chain is calling an aggressive expansion into the region. The Pollo Campero at 11570 Gulf Freeway opened this week. Restaurants at 7754 W. Bellfort Ave. and 6905 Texas 6 South are scheduled to open in coming months.
Yanfeng Automotive Interiors to build HQ in Novi; Kerkstra to expand in Trenton
crainsdetroit.com 19 Jan, 2017
Yanfeng Automotive Interiors, a joint venture interior supplier will invest $8.45 million to develop a new headquarters in Novi while Kerkstra Precast Inc. will invest more than $16 million in its Trenton facility. The two developments plus another in Litchfield in southwest Michigan will create a total of 148 jobs. More than $1.1 million in Michigan Business Development Program performance-based grants are awarded by the Michigan Strategic Fund board.
$70 million wastewater treatment plant nears completion
Thenews-messenger.com 19 Jan, 2017
The Fremont city’s $70 million sewer plant project is on schedule to be completed by March. The project involved an overhaul of the city’s existing wastewater treatment plant and the installation of new, automated equipment. The project is designed to increase the capacity of the wastewater treatment plant from about 10 million to 24 million gallons per day, as well as reduce the amount of Combined Sewer Overflow (CSO) events that push untreated water into the Sandusky River.
Homewood Suites by Hilton Opens New Hotel in Irvine
hospitalitynet.org 18 Jan, 2017
Homewood Suites by Hilton, announced on 18th January, 2017 its newest property, Homewood Suites by Hilton Irvine John Wayne Airport. Offering 161 new suites, the hotel furthers the brand’s expansion in California, following a year of success after the brand reached its 400th property milestone. The property is developed and owned by DKN Hotels. The new hotel offers a combination of studio, one and two bedroom accommodations, featuring fully-equipped kitchens, and separate living and sleeping areas.
Summit awaits final nod to set up LNG terminal
thedailystar.net 18 Jan, 2017
Summit Group is one step closer to setting up its first floating liquefied natural gas terminal on Moheshkhali Island in Cox’s Bazar as the government is set to give its final verdict on the proposal on 18th January, 2017. The group has signed an initial contract with Petrobangla on 3rd January, 2017. Under the proposal, Summit LNG Terminal Company, a unit of Summit Group, will develop the floating facilities within 18 months of signing the final contract. The LNG terminal company will supply 500 million cubic feet of gas per day, for which the government will pay a total of $1.56 billion in a year. The terminal, which will cost Summit $500 million, will be set up on a build-own-operate and transfer basis. The tenure of the agreement will be 15 years.
MoU With German Firms to Expand Iranian Airports
financialtribune.com 18 Jan, 2017
Iran Airports Company has signed a multilateral memorandum of understanding with German companies for expansion of Iranian airports. The agreement has been signed with Munich Airports, Frankfurt Airport and Dornier Consulting International GmbH, which is a consulting and project management company that operates in the field of aviation, among other sectors. The MoU concerns airport operations management, airport development, navigation infrastructures and consultation regarding commercialization of the airports.
Toyo Ink signs MoA with Hau Giang DONRE, confirm Vietnam power plant project
nst.com.my 18 Jan, 2017
Toyo Ink Group Bhd on 17th January, 2017 inked a Memorandum of Agreement (MoA) with the Department of Natural Resources and Environment of Hau Giang Province (Hau Giang DONRE) in Vietnam. With the signing of MoA, both parties have confirmed their agreement to the terms and conditions of the Land Lease Agreement (LLA) on the lease of a project site for the development of Song Hau 2-2×1000 MW coal-fired thermal power plant project in Hau Giang Province, Vietnam. Toyo Ink will strive to reach agreements on all outstanding terms and issues relating to the Build-Operate-Transfer (BOT) contract and the power purchase agreement on or before August 2017.
Japan’s largest rooftop solar plant to be built in Osaka
japantoday.com 18 Jan, 2017
ESR will build a solar power plant with an output of about 7.5 MW on the roof of a distribution center in Suminoe-ku, Osaka. The distribution center consists of two buildings. The first building is completed in November 2016, and about 3.5 MW of solar panels are installed on its roof. The second building is scheduled to be completed in February 2018, and about 4 MW of solar panels will be set up on its roof.
Levin Alliance Group facility gets $500,000 upgrade
nzherald.co.nz 18 Jan, 2017
The Alliance Group Levin facility will be processing more meat at its Hamaria Rd premises following a $500,000 upgrade to help the meat processor and exporter break into new pet food markets. The upgrade allows the processing facility to collect more offal, particularly beef, and provide a greater range of product with wider market potential. Additional beef offal products will include spleen, weasand, aorta, pancreas and trachea.
Region approved for largest solar project in Australia
thechronicle.com.au 18 Jan, 2017
Luminous Energy will construct a 300 MW solar farm between Miles and Chinchilla in Australia. The solar farm, which is approved on 18th January, 2017, will be built around Ryalls and Kerwicks Rds and is set to cover 540 hectares. The project will be built over three stages and is expected to take 18 months to get completed.
Iranian Gov’t Earmarks $462m for Rail Expansion
financialtribune.com 18 Jan, 2017
Government of Iran has earmarked 18.5 trillion rials to complete a set of ongoing rail projects. This includes 4.7 trillion rials for land-ownership and procurement of equipment, as well as 13.8 trillion rials worth of participation bonds. The resources will help Iran push ahead with the construction of five rail projects, including Tehran-Saveh-Hamedan, Mianeh-Bostanabad, Maragheh-Urmia, Qazvin-Rasht and the so-called Gharb (west) rail projects.
Oracle plans to set-up London cloud data centre in 2017
computing.co.uk 18 Jan, 2017
Oracle plans to open a data centre ‘region’ in London in 2017 as part of its push into cloud computing. The major cloud providers, including Microsoft and Amazon Web Services, are all keen to offer services in or around London in order to provide the lowest possible latency to financial services firms in the City of London. The company also has plans to bring one more data centres in Asia Pacific, North America, and the Middle East through mid-2018 as it looks to rapidly expands its data centre footprint.
Saudi firm to set up electric equipment plant
thefinancialexpress-bd.com 18 Jan, 2017
Saudi Arabian firm Alfanar Group will invest in the country to manufacture modern electric transformer and cable jointly with Bangladesh Steel and Engineering Corporation (BSEC). According to the MoU signed on 18th January, 2017, Alfanar Group and BSEC will install a plant to produce transformer, tube light and other electronic equipment in Chittagong. The company will be set up in a joint-venture on the premises of General Electric Manufacturing Company (GEMCO).
Arkan Cement set for €30 million waste-power deal in Al Ain
thenational.ae 18 Jan, 2017
Arkan Cement is set to sign a €30 million deal to set up a waste-to-power operation for its Al Ain plant. The technology, which will convert about 1,000 tonnes a day of municipal waste into power for the plant, is being deployed for the first time in the GCC. A joint venture will be set up between Arkan and Arafin, which itself is a joint venture between Eera Waste Refining of Finland and Daud Group of Oman. The plant will be the first so-called waste-to-flame technology in the GCC and will displace the natural gas currently used to fire the kiln at Arkan’s Al Ain cement plant.
ABB to invest $90 million in new research centre in Canada
roboticsandautomationnews.com 18 Jan, 2017
ABB is to invest another $90 million into a research and development centre in Canada. The new Montréal headquarters, set to open in 2017, will maintain 700 jobs and consolidate ABB’s research and development, manufacturing, assembly and testing facilities under one roof. The new facility will also house the company’s North American Centre for Excellence in e-Mobility, which will focus on developing energy-management solutions for electric buses and trains.
Koch Industries’ energy arm to invest $50 million in Nebraska ethanol plant
omaha.com 18 Jan, 2017
The renewable energy arm of conglomerate Koch Industries has made another multimillion-dollar investment tied to Nebraska’s ethanol industry related to fish and chicken farming. Flint Hills Resources plans to invest more than $50 million in the ethanol plant it operates in Fairmont. The new equipment will allow the plant to produce a high-protein fish and chicken feed from corn leftovers created by the motor-fuel distillation process. Making ethanol from corn creates such residual grains, mostly used for cattle feed. The new process at Fairmont will require about a year of construction, including the addition of a new building and two protein dryers.
Paraguay’s Copaco to invest USD 100 mln in fibre rollout
telecompaper.com 18 Jan, 2017
Copaco will team up with private entities and invest a total of USD 100 million over the next five years to roll out a fibre-optic network throughout the country. The company will be responsible for 40 percent of the overall investment and the private sector for the remaining 60 percent.
Nestlé to build new manufacturing facility in Sri Lanka
foodprocessing-technology.com 18 Jan, 2017
Nestlé has started construction of its new manufacturing facility at Pannala, Kurunegala, Sri Lanka. With the new plant, the company intends to expand production capacity for its dairy and coconut-based products, as well as offer more goods catering to local tastes and nutritional needs.
Greeley-based Colorado Premium Foods to invest more than $21 million in Greeley, Georgia plants
greeleytribune.com 18 Jan, 2017
Colorado Premium Foods will invest more than $21 million in the next few years expanding its Greeley beef processing plant and opening a similar facility in Georgia. The expansion will help the company continue to grow its footprint well into the future to meet the needs of its many retailers that are expanding in that area.
OHL Industrial to build new Ecocementos plant
cemnet.com 18 Jan, 2017
OHL Industrial is to build a new 1.35Mta cement plant in Sonson, Colombia, at a cost of EUR224.6m. The integrated plant has been commissioned by Ecocementos, a joint venture between Colombia’s Corona and Spain’s Cementos Molins. Equipment for the facility will be supplied by FLSmidth.
Car parts giant AutoZone to build new store on Oahu
bizjournals.com 18 Jan, 2017
AutoZone Inc., is building a new store in Waipahu in Central Oahu. The company currently has three stores in Hawaii, including those in Ewa Beach in West Oahu, in Honolulu and in Kailua-Kona on the Big Island. The company has opened more than 5,000 stores around the world since opening its first store in Arkansas in 1979.
Work begins on $25m Sth Lismore treatment plant
echo.net.au 17 Jan, 2017
The $25 million South Lismore Sewage Treatment Plant (STP) upgrade will transform the 80-year-old plant into a modern facility with an increased capacity of 45 per cent. The new STP will significantly improve environmental impacts and will include the installation of a 334 kW solar farm on site. The upgraded plant will be able to service 22,500 people, catering for expected population increases including growth on the western side of the city due to the North Lismore Plateau.
Halal meat processing plant inaugurated
pakobserver.net 17 Jan, 2017
Fauji Meat (FML) is a world class, one of the largest state of the art halal meat processing facility near port Qasim. FML has acquired best equipment to meet the daily production capacity of the plant which is 100 tons of meat (beef & mutton) in frozen & chilled categories for worldwide export and it is especially focusing on farmer networking & strengthening of the farmer community.
Anantara Hotels announces new hotel development in Zanzibar
hospitalitybizindia.com 17 Jan, 2017
Anantara Hotels, Resorts & Spas, operator and developer of luxury hotels, resorts and spas, which is part of Minor Hotels, has announced a new hotel development in Zanzibar. Anantara Zanzibar Resort is expected to open in 2020 as part of the Zanzibar Amber Resort mixed-use lifestyle community. Occupying in excess of 1,000 hectares of prime Indian Ocean coastline in the north east of Zanzibar, Zanzibar Amber Resort is an integrated project which is currently under development blending contemporary lifestyle aspirations with premium hospitality and world-class facilities. Anantara currently operates 37 hotels and resorts in 12 countries, having recently added two new resorts each in both Sri Lanka and Oman.
NHA starts paper work on Islamabad metro bus project
dailytimes.com.pk 17 Jan, 2017
The Executive Board of the National Highway Authority gave formal approval for hiring of consultants for design of necessary infrastructure for the Islamabad Metro Bus Project. The project length is 26.5 km and it is divided into two packages: Peshawar Morr to G-13 and from G-13 to N-5 interchange. It will cost around Rs. 18 billion and construction of four interchanges and 14 stopovers (stations) are also part of the project.
Japan to invest $8.7 bn in Philippine infra projects
nationmultimedia.com 17 Jan, 2017
The Centrepiece public infrastructure programme of the Duterte administration just got a big boost with the pledge of the Japanese government to funnel some US$8.7 billion in aid and private investment into the Philippines over five years, a sign of the continuing strong friendship between the two countries. More nations as well as corporations overseas have expressed keen interest to invest in the Philippines, which is expected to grow this year at a robust and enticing 6.5 per cent, among the fastest in Asia
Pelican BioThermal invests in US facility to boost manufacturing capability
machineryandequipment.packaging-business-review.com 17 Jan, 2017
Pelican BioThermal, a temperature-controlled packaging solutions provider has opened the expanded manufacturing facilities at its headquarters in Plymouth, Minnesota. The firm has invested in new machinery and equipment to boost manufacturing capabilities for production of single-use temperature-controlled shippers, including CoolPall Vertos, Chronos Advance, and Chronos Express shippers. It will also manufacture components such as outer corrugate, insulating foam and coolant BRICs, in the US. The firm also added more than 14,000 sq. ft at the facility, representing a 20% increase of production and warehouse space.
China-Nepal joint venture will build large hydropower project
globaltimes.cn 17 Jan, 2017
Companies from China and Nepal on 17th January, 2017 reached an initial agreement to form a JV to build a hydropower project in midwestern Nepal. The Nepal Electricity Authority (NEA) and China Three Gorges Corp (CTGC) initialed an agreement that is still pending endorsement by the boards of both companies for the 750-MW West Seti Hydropwer project. NEA and a subsidiary of CTGC signed an MoU in 2012 to develop the project. The Chinese company will hold a 75 percent stake in the JV.
Keya Cosmetics to invest Tk 1.55 billion for expansion
thefinancialexpress-bd.com 17 Jan, 2017
Keya Cosmetics is set to invest Tk 1.55 billion for expanding its production capacity of Knit Composite and Spinning Divisions. The company has opened L/C with Southeast Bank to import capital machineries worth Tk 1.55 billion to be imported from Germany, Italy, Singapore, Switzerland, Japan, France, USA, UK, Hong Kong and Sweden and all are brand new machineries. The said machineries will be installed in the existing factory premises of Knit Composite Factory and Spinning Factory under a scheme of BMRE (Balancing, Modernization, Rehabilitation and Expansion). The company is expecting that by the end of August 2017, BMRE and installation of newly imported machineries will be completed and from September 2017, the company will go for commercial production with new machineries.
Mitsubishi Caterpillar to break ground on ICOTEX facility in Conroe
chron.com 17 Jan, 2017
A joint venture of Mitsubishi Caterpillar Forklift America and Jungheinrich will soon break ground on a facility in Conroe Industrial Park. The bank, formerly known as Community Trust Bank, provided financing for the manufacturing and distribution center. Archway Properties is developing the 71,000-square-foot project, which will be built by Arco Design on 10 acres. The venture, known as ICOTEX (Industrial Components of Texas) will provide metal components for forklifts, machinery and other applications. Construction is expected to begin soon with completion planned by year-end
Dangote Sets Up Truck Assembly Plant in Lagos
allafrica.com 16 Jan, 2017
Dangote Group has embarked on the establishment of a $100 million worth vehicle assembly plant project in Lagos. The company is partnering a leading Chinese company, National Heavy Duty Truck Group Company, SINOTRUCK, to produce several thousand of trucks used mainly for haulage business from its newly promoted assembly plant at Ikeja, Lagos. The deal which is expected to produce 10,000 trucks per year has been signed in May 2014 in China, making it the eighth of Shandong, China (SINOTRUK), to be built abroad. According to the deal agreement, the plant is 60% owned by Dangote Group, trading under Dangote Industries Limited, leaving SINOTRUK with the remaining 40% equity stake.
EDF begins commercial operation of 225MW wind facility in US
power-technology.com 16 Jan, 2017
EDF Renewable Energy has commenced commercial operation of its 225 MW Great Western Wind Project in Oklahoma, US. Power generated by the facility will be supplied to US-based technology company Google under a long-term PPA. The project features 30 units of V117 and 63 units of V100 wind turbines supplied by Danish wind turbine company Vestas
PetroVietnam and ExxonMobil to develop Vietnamese gas project
powerengineeringint.com 16 Jan, 2017
Vietnamese state-owned energy company PetroVietnam and US-based ExxonMobil have agreed to develop Vietnam’s largest natural gas project for power generation. The agreement has been signed on 13th January, 2017 by PetroVietnam subsidiary PetroVietnam Exploration Production Corporation (PVEC) and ExxonMobil’s Vietnamese business unit. The $10bn Ca Voi Xanh (Blue Whale) gas project, which is planned to begin producing gas for power production by 2023, will develop a gas field around 80 km off the coast of the central Quang Nam province. Under the agreement, ExxonMobil is to build an 88 km pipeline to connect the gas field to shore, while PetroVietnam will build a gas treatment plant and a power plant.
Edenville Energy commences trial mining at Rukwa Coal Project in Tanzania
mining-technology.com 16 Jan, 2017
Edenville Energy has started trial mining at the Rukwa Coal Project near Sumbawanga in western Tanzania. Multiple firms have expressed their interest to procure coal from this project on a long-term basis. This interest encouraged Edenville Energy to conduct trial shipments of Run of Mine (RoM). The trial mining will help determine important logistical, quality and quantity parameters with the commercial rates of the recovered coal. Concurrently, the company is also developing an integrated coal to power project in south western Tanzania.
Redcliff cement plant to open in February 2017
globalcement.com 16 Jan, 2017
Production at the Redcliff cement plant is set to start in February 2017. China’s Mortal Investments Manufacturing has built the plant for a cost of US$20m. The plant will operate as Livetouch Cement and it will have a production capacity of 0.4Mt/yr. The project is currently waiting for clearance from the International Organisation for Standardisation (ISO) and an Environmental Impact Assessment (EIA) from Environmental Management Agency. Once operational the plant will produce 22.5 grade cement using locally sourced slag.
Pipe-coating company restarting U.S. Steel pipe mill
kallanishenergy.com 16 Jan, 2017
Pipe-coating company Dura-Bond Industries has purchased equipment from U.S. Steel’s idled McKeesport, Pennsylvania, plant, for an undisclosed price and looks to begin producing tubular products primarily for the energy industry within six to nine months. The plant’s pipe will be made from flat roll steel provided by U.S. Steel, ArcelorMittal’s domestic mills and other U.S. suppliers.
Xinjiang to build 9 new airports in 2017
shanghaidaily.com 16 Jan, 2017
The construction of nine new airports will start or be completed in 2017 in northwest China’s Xinjiang Uygur Autonomous Region. Two new airports in counties of Shache and Ruoqiang will be completed and put into operation, while the airports of Korla City and Hotan City will enter operation after expansion. The expansion or construction of the other five airports in the region will also begin in the year. Preparatory work on a further seven new airports is also ongoing.
Plastic automotive parts supplier to build new UK manufacturing base
britishplastics.co.uk 16 Jan, 2017
Polytec Group, developer and manufacturer of high quality plastic parts, a full service provider in the field of injection moulding and a specialist in fibre-reinforced plastics supply plans to build a new manufacturing facility in Telford, England, to supply the automotive industry. The new site will be constructed in three phases; the first to build a new paint plant and assembly hall, followed by a manufacturing facility and further assembly hall.
Tech Mahindra opens new centre in Ireland; to employ about 150 engineers
econoictimes.indiatimes.com 16 Jan, 2017
Tech Mahindra has opened a new centre in Ireland that will employ about 150 engineers in three years. The centre, which will be operational in the first quarter of 2017 will focus on emerging technologies such as Robotics and Automation, Business Analytics, Cloud Infrastructure and Digital Services.
Forsyth County water plant to expand
ajc.com 15 Jan, 2017
A Forsyth County water treatment facility is in line for a major expansion. The Board of Commissioners recently voted 4-0 to award a nearly $64 million contract which will allow the Fowler Wastewater Reclamation Facility in south Forsyth to go from treating 2.5 million gallons of water a day to 5 million. A future second phase of the expansion will increase capacity to 7.5 million. The work will be done by Archer Western Construction of Tampa. The capacity expansion is being done with upcoming development in mind.
Crescent Petroleum to expand in Iraq and Africa
thenational.ae 15 Jan, 2017
Crescent Petroleum plans to expand further into Iraq and North Africa as it eyes rising demand for natural gas to generate electricity. The company aims to increase its upstream holdings, which produce 82,000 barrels of oil equivalent per day, covering three countries: the UAE, Egypt and Iraq.
Hayleys unveils Lanka’s largest capacity solar power plant in Welikande
sundaytimes.lk 15 Jan, 2017
Hayleys Group PLC jointly with Windforce, in the forefront of renewable energy in the country, announced on 13th January, 2017, the commissioning of their solar power plant. Located in Welikande in the Polonnaruwa district, the 10 MW solar plant has been installed with a solar tracking system that will follow the sun’s rays to ensure an incrementally higher yield of approximately 20 per cent energy, than the fixed tilt system.
S. Korea to build 13 new highways, expand 10 by 2020
koreatimes.co.kr 12 Jan, 2017
South Korea will build 13 new domestics highways and expand 10 others by 2020 to ensure faster, safer travel and ease traffic congestion. The Ministry of Land, Infrastructure and Transport unveiled the road plan that calls for building and extending the combined length of nationwide highways by injecting 28.9 trillion won. The plan is part of the 74 trillion-won project that began in 2016 to increase the total length of domestic highways to over 5,000 kilometers.
Durham City Council approves proposal for Duke Hospital expansion
dukechronicle.com 12 Jan, 2017
The Durham City Council unanimously approved a permit last month allowing for an addition to the Duke University Hospital. Still in the early stages, the proposed addition will involve the construction of a 13-story, 504,423-square foot tower adjacent to the main hospital. Before the construction can begin, however, the plan must formally be proposed and approved by the Duke University Health System’s Board of Directors. The proposal will only be presented to the board in June. The Board of Trustees also approved last June a 155,000-square foot, $103 million medical sciences research building, which is set to be completed by Fall 2018.
Sanderson Farms opens new facility in St. Pauls
bladejournal.com 12 Jan, 2017
Sanderson Farms recently opened a new $155 million processing plant and wastewater treatment facility in St. Pauls. This new 180,000-square-foot plant will accompany the existing 65,000-square-foot hatchery located in Lumberton, as well as a feed mill in Kinston, making it the company’s 11th fully integrated poultry processing facility nationwide. The state-of-the-art poultry complex will be able to process 1.25 million birds per week for the big bird deboning market and will sell approximately 500 million pounds of dressed poultry meat annually.
DuPont Nutrition & Health enhances cheese facility capabilities
foodprocessing-technology.com 12 Jan, 2017
DuPont Nutrition & Health has made a significant investment in a laboratory in Kansas City, US. The company used the funding to install new equipment, which includes three bio fermenters to simulate external pH control starter production, an incubator for growing cultures, a cheese vat, and two environmental cabinets for ageing cheese.
China floats 200-MW PV park at Zhejiang fisheries
renewables.seenews.com 12 Jan, 2017
China’s largest PV power plant at a fishery site, with a capacity of about 200 MW, is officially put into operation in Zhejiang province on 11th January, 2017. The solar panels have been installed on the surface of the Zhouxiang and Changhe reservoirs in Cixi, Ningbo. The scheme required an investment of CNY 1.8 billion. The aquaculture solar system is expected to be able to generate some 220 GWh of electricity annually, enough to power some 100,000 households. Apart from producing power, it will aid the local fishing industry by providing shelter for the fish.
Dominion completes 56 MW of solar plants in Virginia
renewables.seenews.com 12 Jan, 2017
Dominion Virginia Power has completed three large-scale solar plants in its home state totalling 56 MWp. More specifically, the company has switched on a 17-MW solar park in Powhatan county, a 19-MW facility in Isle of Wight and a 20-MW plant in Louisa. At peak output, they can generate enough electricity to power more than 14,000 homes.
Duke Energy Florida to build 8.8 MW solar PV plant in Suwannee County
solarserver.com 12 Jan, 2017
Duke Energy will build a universal solar photovoltaic (PV) power plant near Live Oak, Florida, on 70 acres. The new facility will produce 8.8 MW of solar power and it is expected to break ground in the spring with full operation by the end of 2017. The solar facility will be owned, operated and maintained by Duke Energy Florida.
DA eyes $200-M tire processing facility in Southern Mindanao
sunstar.com.ph 11 Jan, 2017
A $200-million tire processing facility may be constructed in Southern Mindanao. The facility, once operational, will produce a tire brand to be used for passenger vehicles, cargo, small pick-ups and agricultural machineries. The project is expected to increase areas for planting and replanting by at least 150,000 hectares and increase the production of dry rubber per year in the next 10 years of at least 150,000 metric tons.
Appel Farms opens new cheese-making plant
lyndentribune.com 11 Jan, 2017
Appel Farms moved its cheese operations in December into a new 12,800-square-foot production and cold-storage facility, positioning for future growth while increasing the farm’s efficiency and food security. Faber Construction of Lynden built the unique pre-engineered steel building at 6605 Northwest Drive. It incorporates an exo-skeleton technique, placing steel columns on the outside, while using insulated metal panels for exterior walls, coolers and the freezer.
Merck to set up biodevelopment center in China
enterpriseinnovation.net 11 Jan, 2017
Merck, a Science and technology company is expanding its end-to-end bio-development centers in three geographic locations, including China, to meet increasing customer demand for its turnkey portfolio of bioprocessing products and manufacturing capabilities. The firm will be opening new process development centers in Shanghai and Boston in the US. Each center will provide a full range of process development capabilities and services, including cell line development services, both upstream and downstream process development, as well as non-GMP clinical production.
Agrium completes urea plant at Texas nitrogen facility
miningweekly.com 11 Jan, 2017
Agrium Inc has completed an expansion buildout at its Borger nitrogen operations, providing improved supply chain integration as well as product diversification and availability in Texas. The company, which is busy with a merger transaction with Canadian counterpart PotashCorp of Saskatcewan is set to create a new $36-billion entity. The merger is expected to close mid-2017. The combined company will be dominant in North America, controlling nearly two-thirds of potash capacity, 30% of phosphate production capability and 29% of nitrogen capacity.
Shunfeng to expand solar wafer capacity
digitimes.com 11 Jan, 2017
Shunfeng International Clean Energy, maker of poly-Si solar wafers, cells and PV modules, and undertakes PV power station projects, will invest CNY2.2 billion to expand its annual wafer production capacity in Yangzhou City, eastern China from 500 MWp currently to 3GWp, and develop a low-carbon model residential community in the city. Upon completion of the expansion, the production capacity could generate annual sales revenues of CNY6 billion.
Endurance Technologies” arm commences operations of new plant at Germany
money.livemint.com 11 Jan, 2017
Endurance Technologies’ wholly owned subsidiary in Germany-Endurance Amann GmbH, has commenced operations at its new machining plant at Massenbachhausen, Germany from 10th January, 2017. The new plant admeasuring about 4,500 sq. mtrs will contain machining operations, warehouse and office facilities.
Monroe County AB BioTechnologies Expanding In Bloomington
indianpublicmedia.org 11 Jan, 2017
AB BioTechnologies will invest $10.5 million to construct a new facility in Bloomington. The new 23,000 sq. foot manufacturing facility will formulate, fill, freeze-dry and package injectable drugs for clinical trial studies. The project has been granted up to $290,000 in conditional tax credits from the Indiana Economic Development Corporation, and a ten-year tax abatement from Monroe County.
Mental Health Facility Proposed For Silver Cross Hospital In New Lenox
wjol.com 11 Jan, 2017
Silver Cross Hospital in partnership with US HealthVest is planning to open a 100-bed behavioral health hospital. The facility will be 68-thousand square feet and be built on the hospital campus in New Lenox. The facility is expected to break ground late this year or early next year.
Ayala’s AC Energy inks 75-MW wind pact in Indonesia
renewables.seenews.com 11 Jan, 2017
Ayala Corp’s fully-owned unit AC Energy Holdings Inc has entered into an investment agreement for a 75-MW wind farm in Indonesia. The contract, which covers the development, construction and operation of the wind power plant, is signed with UPC Renewables Indonesia. Under the terms of the deal, the project will be developed through local special purpose company PT UPC Sidrap Bayu Energi. The USD-150-million scheme will be funded through equity and project financing from the US Overseas Private Investment Corp and the Indonesian subsidiary of the Sumitomo Mitsui Banking Corp of Japan. Upon completion in end-2017, it will become the first utility-scale wind farm in the country.
Sioux City, Iowa, approves $9.3 million renewable natural gas project
wastetodaymagazine.com 11 Jan, 2017
Sioux City, Iowa’s city council members approved a $9.3 million renewable fuel project at the city’s wastewater treatment plant. The council also approved $16 million in upgrades of the wastewater treatment plant that will increase the capacity. The city will enter into an agreement with Bartlett & West, Topeka, Kansas, to perform all services leading up to the construction as well as the upgrades to the facility. The project includes putting a system in place to capture, clean and compress the gas created as a byproduct during the anaerobic digestion process the city has implemented at the plant.
Russian seafood firm to build processing plant in Crimea
undercurrentnews.com 11 Jan, 2017
Lazurny Okean Group plans to build a new fish processing plant in Crimea with up to 75,000 metric tons of annual production capacity. The new plant will process fish (sprat, anchovy and mackerel) from the Black Sea and Azov Sea and shall be part-operational this summer. The plant will process Russian raw material which is currently processed abroad and then re-exported back to Russia. This could enable Russia to reduce fish imports by up to 20%.
Three new factories to open in Georgia
agenda.ge 11 Jan, 2017
Three new factories are to be opened in different regions of Georgia with the aid of state-funded programs, ‘Produce in Georgia’ and ‘Georgian Tea Program’. First, a construction material factory will be established in Georgia’s Mtskheta municipality, where approximately 1.3 million GEL will be invested. Meanwhile Georgia’s Chkhorotku municipality will welcome 130,000 GEL in investments that will be used to set up a new hazelnut and bay leaf processing factory. These two enterprises will be created within the ‘Produce in Georgia’ state-funded program, while the ‘Georgian Tea Program’ will support the establishment of a tea processing plant in the village Nagomari, in Georgia’s Guria region. Both state programs aim to support and stimulate Georgia’s agricultural industry.
Coolrec opens plastics facility in Netherlands
recyclingtodayglobal.com 11 Jan, 2017
Coolrec has officially opened its Coolrec Plastics Compounding plant in Emmen, Netherlands. When fully operational the facility is expected to produce arounds 10,000 tonnes of recycled plastic pellets per year. The company will produce specified plastic pellets at the new plant, which will then be supplied to consumer goods manufacturers. The pellets are produced from recycling obsolete electronics, principally appliances that will be collected through the Wecycle collection system.
Enterprises planning to invest EUR 1 billion in Estonia’s wood industry
baltictimes.com 10 Jan, 2017
A group of investors operating in the timber industry is planning to make an investment worth a billion euros in Estonia. For that, the investors have set up a company, Est-For Invest OU. The company’s board members are Aadu Poll and Margus Kohava. Est-For Invest OU is set up on 3rd October, 2017 and its owners include forest and wood processing group AS Lemeks, Caspar Re OU, holding enterprise belonging to businessman Peeter Mand, Ivard OU, Kaamos Group OU, OU Combiwood and OU Tristafan
Texas Company Eyes New Oil Waste Facility in New Mexico
kgns.tv 10 Jan, 2017
CK Disposal is proposing a 317-acre surface waste oil management plant in eastern Lea County. The proposed waste management facility is intended for the permanent disposal of exempt and non-exempt/non-hazardous oil field waste and it will include a liquid waste processing area, a possible deep well water injection unit, and a landfill. New Mexico’s Oil Conservation Division is scheduled to hold a public hearing on the proposal this week.
Deal signed to set up 200MW solar power plant
thedailystar.net 10 Jan, 2017
Southern Solar Power will set up a 200 MW solar power plant at Teknaf in Cox’s Bazar with an estimated investment of $300 million. Bangladesh Power Development Board (BPDB) will buy electricity from the plant for the national grid. The tariff will be on a ‘no electricity no payment’ basis under a contract for 20 years. As per the agreement, Southern Solar Power, completely owned by SunEdison Energy Holding (Singapore), will complete the project in 18 months. JINKO Solar, a Chinese firm, will implement the project under an engineering procurement contract.
Diversified Cos. to Build City Gate Self-Storage Facility in Naples, FL
insideselfstorage.com 10 Jan, 2017
Diversified Cos. intends to build City Gate Self-Storage at 3803 White Lake Blvd. in Naples, Florida. The two-story facility will comprise 130,000 square feet in 1,000 climate-controlled units. The asset will be built by subsidiary Diversified Realty Development Co., with the nine-month project expected to be complete this summer. City Gate Self-Storage LLC is a joint venture between Diversified Realty Development and investment firm Sefira Capital LLC. The facility will be managed by CubeSmart, a self-storage real estate investment trust and third-party management firm. The developer has secured a $9 million loan through Orlando, Florida-based First Green Bank.
Council OKs $800,000 for anti-odor upgrade at treatment plant
newburyportnews.com 10 Jan, 2017
The City Council on 9th January, 2017 voted unanimously to approve an $800,000 appropriation to pay partial costs of an upgrade at the wastewater-treatment plant to control foul odors bothering area residents. The money will pay for clarifier covers, a bio-filter odor control system, and related improvements. Eventual cost of the entire upgrade will be about $5 million.
US drug firm Aerie in deal for €23m plant
independent.ie 10 Jan, 2017
Aerie Pharmaceuticals has signed a lease agreement with the IDA for a new factory in Athlone, Ireland. The firm is involved in the discovery, development and commercialization of therapies for the treatment of glaucoma and other eye diseases. Project construction and equipment costs are expected to total $25m, of which approximately $16m is expected to be incurred by Aerie this year.
Rigid Tyre Corp invests US$ 75 mn for tyre plant
dailynews.lk 10 Jan, 2017
Rigid Tyre Corporation will invest US dollars 75 million for the Sri Lanka’s largest integrated tyre manufacturing plant for which ground has been broken at the BOI Industrial Zone, Wagawatta Horana last week. The company will manufacture Italian branded Marangoni tyres as well as other tyres for both Sri Lanka and the export market. Construction has been commenced and it will be completed in 16 months.
Pakistan announces financing for $1.8bn Suki Kinari hydropower project
energy-business-review.com 10 Jan, 2017
Pakistan has announced financial close for the 870 MW Suki Kinari hydropower project, helped by the efforts and facilitation of the country’s Private Power and Infrastructure Board (PPIB). Being built by SK Hydro and Industrial & Commercial Bank of China, the $1.8bn project is expected to commence power generation by 2022. Construction has been already commenced. Following completion of 30 years of operations, the project will be handed over to the Khyber Pakhtunkhwa government. Power generated from the project will be sold to National Transmission & Despatch Company (NTDC), under long term power purchase agreement signed earlier.
RSA Logistics unveils warehouse facility at DIP
constructionweekonline.com 10 Jan, 2017
RSA Logistics has expanded its operations to Dubai Investments Park (DIP) with a new warehousing facility, strategically located within the complex, to serve customers with faster distribution in the local markets. The warehouse, which spreads across 2,500m2 with a total capacity of 2,500 pallets, is designed to store general cargo and handle a diverse range of product categories including Fast Moving Consumer Goods (FMCG) and beauty products. It will offer an extensive range of value added services such as distribution, cross documentation, and e-commerce to meet diverse customer requirements with international standards.
Amcor announces $40m expansion to bottle manufacturing plant
foodbey.com 10 Jan, 2017
Amcor Rigid Plastics is to invest $40 million in an expansion to its bottle manufacturing operations in Ohio. The investment will nearly double the facility’s manufacturing and warehouse footprint, is supported by an economic development grant from JobsOhio through the assistance of the Regional Growth Partnership (RGP). The project is already underway and completion is expected next summer.
Scottish organisations to set up renewables research centre
renewables.seenews.com 10 Jan, 2017
Scotland’s Highlands and Islands Enterprise (HIE) and the Orkney Islands Council (OIC) have agreed to provide over GBP 6.5 million in funding to create a renewables research and innovation campus. The plan is to establish the centre in Stromness, Orkney by refurbishing and extending the two adjoining buildings of the Old Academy and former Stromness primary school, which are currently owned by OIC. The new renewables research centre will focus on the marine renewables, energy and low carbon sectors and it will allow academic institutions and businesses to conduct research projects in an island setting. The board of HIE has approved an investment of up to GBP 5.15 million, including GBP 1.48 million of European Regional Development Fund (ERDF) money administered by the enterprise. At the same time, the Orkney Islands Council will provide about GBP 1.5 million. Work to create the so-called Orkney Research and Innovation Campus is expected to start on site before the end of 2017.
QAF to invest S$21.5m to expand in the Philippines
businesstimes.com.sg 10 Jan, 2017
QAF Limited plans to invest some S$21.5 million to expand its bread production and distribution business in the Philippines to meet the growing demand there. The company has proposed to spin-off and transfer the existing bread manufacturing plant in Cebu to a newly-incorporated group and to set up a new plant in Mindanao. The company has also proposed to acquire a plot of land in Luzon to set up a new bread manufacturing plant in future. The Cebu spin-off and Mindanao projects are expected to be completed this year and 2018, respectively, while the land acquisition in Luzon is expected to take place this year.
EU to invest €432m in Warsaw Metro extension
railway-technology.com 10 Jan, 2017
The European Union (EU) is to invest more than €432m from the Cohesion Fund to extend Warsaw Metro in Poland. The European Commission is delivering on the EU-wide goals of low-emission mobility for commuters with investments from the Cohesion Fund. EU’s latest investment will fund extension of the Warsaw Metro Line 2, connecting the eastern part of the city to the west. Funds will be used for construction of Trocka, Targówek, Szwedzka metro stations on the north-east section of the line and Ksiecia Janusza, Mlynów and Plocka stations on the west section. Also being financed will be construction of a technical terminal, purchase of 13 new trains, and preparatory works for further extension of the line. Works are slated for completion by November 2019.
Proposal to Invest $160 Million in LIRR Improvement Projects
patch.com 10 Jan, 2017
A proposal has been announced to invest $160 million in projects across Long Island for 2017. The proposal includes $120 million to make improvements to 16 LIRR stations which includes a new stop at the Brookhaven National Laboratory as well as a new terminal at MacArthur Airport in Ronkonkoma. Out of the $160 million, the MTA will cover $35 million and $80 million will be invested in $5 million major enhancements at critical LIRR stations to improve the customer experience. The station upgrades will include new facilities, Wi-Fi, charging stations, public art, new platform waiting areas, general station renovations and improved signage.
C-COM and NSERC to Invest $6.1 Million Into R&D of Next Generation Intelligent Mobile Antenna Technology
spaceref.com 10 Jan, 2017
C-COM Satellite Systems Inc., provider of mobile auto-deploying satellite antenna systems, is co-funding an Industrial Research Chair in Intelligent Antenna and Radio Systems for the next Generation Millimeter Wave Mobile Communications at the University of Waterloo. The primary goal of the research will be the development of a new modular, low-cost, intelligent antenna for next generation of mobile satellite communications. C-COM will provide total cash funding of $3,055,000 payable in installments until the end of 2020 which will be matched by NSERC. C-COM will also provide $751,000 of in-kind support to the project. Under the terms of the agreement relating to the project, C-COM will own the intellectual property resulting from the research conducted.
UAE to invest $163 billion to diversify energy
econoictimes.indiatimes.com 10 Jan, 2017
The United Arab Emirates plans to invest $163 billion in projects to generate almost half the country’s power needs from renewables. The country’s energy mix by 2050 will comprise 44 per cent from renewables, 38 per cent from gas, 12 per cent from clean fossils and six per cent from nuclear energy. The plan aims to increase usage efficiency by 40 per cent and increase clean-energy contributions to 50 per cent.
Sewer plant gets green light
newsday.co.tt 09 Jan, 2017
The refurbishment of the Scarborough Sewer Treatment Plant, Toronto will go ahead in 2017. Upgrading the plant is necessary, as it is currently functioning “under capacity”. The project is expected to begin within the next two months.
Pfizer Saudi Ltd launches its manufacturing plant in KAEC
saudigazette.com.sa 09 Jan, 2017
Pfizer Saudi Limited, a subsidiary of Pfizer Inc., formally opened its medicines manufacturing facility in King Abdullah Economic City (KAEC), Saudi Arabia. Initially, the plant will produce 16 of the company’s essential pharmaceutical products in different phases meeting Saudi health needs in five therapeutic areas – cardiovascular, pain, anti-infective, urology and neurology.
Milk formula factory opens doors in SA
news.com.au 09 Jan, 2017
A new processing plant for turning powdered milk into milk formula has opened its doors in Tantanoola, South Australia by Blue Lake Dairy Group. The plant is the first milestone of a two-stage expansion for the company, with the second likely to be a $50 million factory for converting milk into powder.
Myanmar Motor Corp gets nod to set up $10m bus assembly, eyes exports
dealstreetasia.com 09 Jan, 2017
Myanmar Motor Corporation Public Company (MMC) has received the Myanmar Investment Commission approval to start assembly production of buses at Mingalardon township, Myanmar on 4 acres. The company will invest a total of $10 million for the assembly facility and production. Capacity is 30 cars (units) per month. The facility will initially assemble two types of buses – a 49-seater and a 55-seater catering to both city and highway routes.
Agility invests $10 million in expanding logistics hub in Bahrain
timesofoman.com 08 Jan, 2017
Agility will be investing $10 million to expand its regional logistics hub in Bahrain to 28,000 square metres, increasing storage capacity by an additional 19,000 pallet positions. The expansion, which is expected to be completed within the next ten months. Investments will be made in Agility’s warehousing, freight, transport and specialty logistics solutions in the Kingdom.
Fiat Chrysler to invest $1B in Mich., Ohio plants for new Jeep models
freep.com 08 Jan, 2017
Fiat Chrysler Automobiles revealed plans for a $1-billion investment in its Warren and Toledo plants, US so it can make a Jeep pickup and bring back the storied Wagoneer nameplate. The plant investments would be completed by 2020.
Wison launches floating LNG power plant solutions
aogdigital.com 08 Jan, 2017
Wison Offshore & Marine has developed a range of solutions for floating power supply, featuring integrated functions of LNG loading and storage facilities, regasification and power generation. Named the W-FSRP series, the smallest unit starts at 10MW capacity, while the largest accommodates an 800MW power plant. The construction work completed in fabrication yards normally.
Lake District hotel set to begin work on £16m transformation
thewestmorlandgazette.co.uk 08 Jan, 2017
Lake District hotel will shut the doors of ‘The Low Wood Bay Resort & Spa’, UK situated on the shores of Windermere south of Ambleside. It is set for a new look in 2017 with a major £16m refurbishment and new build. The project will be renovated over the coming months with a full upgrade and refurbishment of all existing rooms, new outdoor leisure facilities, a stunning Atrium, world-class spa, and an additional new restaurant concept. A new building will open with a further 32 suites and studio rooms including its own club lounge and roof garden. The hotel will reopen its doors in April 2017.
Uganda gets $150m loan to construct 4-Lane Expressway
nigeriatoday.ng 08 Jan, 2017
The project will involve construction of 4 major interchanges to facilitate interconnection with roads at designated locations including Nabbingo, Nsangi, Maya and Lungala, construction of 20km of link/service roads, and the construction of 8km of auxiliary lanes. As part of the project, the road which connects Uganda to Rwanda and Tanzania will see rehabilitation of Kagitumba – Kayonza- Rusumo road (208km) in the eastern part of Rwanda. The Ugandan section will cover construction of the Busega – Mpigi (23.7km) four lane express way, supervision consultancy services, quality assurance, financial and technical audits, studies and institutional support, in addition to compensation of project affected persons (PAPs).
Iraq To Construct Oil Pipeline With Turkey
nrttv.com 08 Jan, 2017
Iraq and Turkey have come to an agreement to construct an oil pipeline between the two countries. The oil pipeline would be opened after an agreement was signed between Turkey and Iraq.
CM wants Swat Motorway project completed by Dec 2017
thenews.com.pk 08 Jan, 2017
The Swat Motorway project to be completed by December 2017 in Eshawar, Pakistan. meanwhile the land is to be acquired for the Peshawar Rapid Bus project and to make arrangements for initiating work on the scheme.
Gov. Obiano to construct 111 roads in 90 days
dailytrust.com.ng 07 Jan, 2017
The 111 roads have been earmarked for construction in the dry season in Anambra, Nigeria. The roads would cut across the three Senatorial districts of the state.
Iran Signs $2b Refinery Expansion Deal With Daelim
financialtribune.com 07 Jan, 2017
Tehran has finalized an agreement worth $2 billion with South Korea’s Daelim Corporation to renovate and expand a refinery in Isfahan Province. Daelim had received a Letter of Award (LoA) from Isfahan Oil Refining Company to develop and expand the huge complex. The deal is mainly aimed at reducing fuel oil production and boosting output of higher-value products such as gasoline.
Iran Breaks Ground on $52m Ethylene Pipeline
financialtribune.com 07 Jan, 2017
Iran has broken ground on a $52 million pipeline project to connect Tabriz Petrochemical Company in East Azerbaijan Province to Miandoab Petrochemical Co. in West Azerbaijan Province. The 154 km pipeline will feed 200,000 tons of ethylene annually from Miandoab to Tabriz for production of a wide range of petrochemicals. Tabriz Petrochemical Co. and Ghadir Investment Company, a subsidiary of Bank Saderat Iran will provide funding for the project.
PG&E to upgrade natural gas lines in Chico in the coming months
krcrty.com 07 Jan, 2017
Pacific Gas and Electric Company (PG&E) will begin upgrading a natural gas distribution main in Chico early January. The gas line will be along Midway and is being built to increase capacity for J.M. Smucker Company’s new food processing facility. The work will begin the week of 9th January, 2017 and go through 24th February, 2017, weather permitting.
First 95 km of the TAP natural gas pipeline completed in 7 months
tornosnews.gr 07 Jan, 2017
Seven months after the opening ceremony for the construction of the TAP natural gas pipeline held in May 2016, the construction project has advanced significantly, having already installed 95 km of pipeline.The total length of the pipeline, which will start from the Turkish border and will cross Greece, Albania and the Adriatic Sea to arrive to Southern Italy, is 878 km., 550 of which will be in Greek territory.The pipeline will have a transport capacity of 10 bn cubic meters of gas per year, with the possibility of doubling the amount in the future. The start-up of the pipeline is expected in 2020.
NG Advantage expands virtual gas line to Maine
vermontbiz.com 07 Jan, 2017
Vermont Business Magazine NG Advantage LLC, based in Colchester, has begun delivering Compressed Natural Gas (CNG) for the first time to customers in the state of Maine. The expansion is made possible through an asset acquisition from Global Partners LP. NG Advantage specializes in transporting CNG to industrial, institutional, and commercial customers who are beyond the reach of a natural gas pipeline, allowing them to realize the economic and environmental benefits of the cleaner burning fuel.
DOE clears 5 power projects
philstar.com 07 Jan, 2017
The Department of Energy (DOE) has cleared five power projects with nearly over 500 MW in capacity for Grid Impact Studies (GIS) as of end-November 2016. The GIS is necessary in determining if the electricity to be generated by the power project can be absorbed by the grid. Of the total, three are renewable hydropower plants, namely the 4.5-MW Sawaga River mini hydropower plant and 6.2 Katipunan River mini hydropower plant of REPower Energy Development Corp. both in Bukidnon. Another renewable energy project is the 24-MW biogas power plant of Natures Renewable Energy Development Corp. in Cagayan.
Australian zinc refinery to build 100MW solar plant
reneweconomy.com.au 06 Jan, 2017
Sun Metals is to build a 100 MW solar PV plant to supply its refinery located near Townsville, in northern Queensland. The $155 million project forms a key part of its plans to expand the output of the refinery by 25 per cent. The company plans to invest $460 million in the upgrade. Work on the olar project will begin immediately, with construction set to get underway in April. The project shall be completed in Q1 2018 and will feed electricity directly into the company’s existing 33/132kV substation. WA-based RCR Tomlinson is the EPC contractor, with First Solar set to supply it thin-film CdTe modules
GRI breaks ground on second tyre plant
tyrepress.com 06 Jan, 2017
Global Rubber Industries has laid the foundation for its US$40 million, new off-road tyre factory on 4th January, 2017. The facility will be built adjacent to GRI’s current solid industrial tyre factory in Badalgama, Sri Lanka. In addition to these agricultural products, the factory will manufacture pneumatic tyres for the industrial and off-road construction segments, with all production dedicated to meeting demand in export markets. Trial production is expected to commence by the end of 2017.
Edhi Foundation plans to set up 120-bed general hospital by year-end
thenews.com.pk 06 Jan, 2017
The Edhi Foundation plans to convert its 20-bed maternity hospital in Musa Lane, Old City area, into a 120-bed general hospital by the end of the current year. The expansion will be done in phases and the general surgery ward will become functional in the next two months. The midwifery school, children’s ward, eye ward, gynaecology and obstetrics ward are already functional. The hospital, estimated to be completed at a cost of Rs. 20 million, is planned to be housed in a six-storey building equipped with modern medical machinery and trained professionals.
Drone engine maker to set up facility in Klickitat County
yakimaherald.com 06 Jan, 2017
Following a $90 million agreement with Boeing’s unmanned aerial vehicle subsidiary InSitu, an Australian company that makes engines for aerial drones is setting up a facility in the Columbia Gorge close to InSitu. Orbital, based in Perth, has signed a three-year deal with Boeing to supply InSitu with a new Unmanned Aerial Vehicle (UAV) engine. It plans to move into an existing facility within six months, probably in Bingen.
Port Wakefield facility set to double production for SA’s largest family-owned mushroom farm
abc.net.au 06 Jan, 2017
P&L Rogers, a mushroom producer has begun earthworks for a new $4.5 million facility at Port Wakefield which is set to double long-term production output. The new composting site will be located close to the existing mushroom farm and will recycle by-products from local chicken and crop farms to create the sustainable base product for mushroom growth. The project is expected to take 12 months at a total cost of approximately $4.5million, supported by a $220,000 State Government Regional Development Fund grant.
GCL-SI to Invest in Vietnam for 600MW Solar Cell Production
finance.yahoo.com 06 Jan, 2017
GCL System Integration Technology Co., (GCL-SI), recently announced its investment in Vina Cell Technology Co., a Vietnam-based solar cell manufacturer, in trade for up to 600 MW production capacity. In the deal, GCL-SI will provide solar cell production equipment, whereas Vina offers plant, supporting facilities along with an experienced management team.
AfricInvest to invest €17.3M in Azalaï Hotels
ecofinagency.com 06 Jan, 2017
AfricInvest will inject €17.3 million in the capital of Azalaï Hotels, a hospitality group present in many West African countries, with a total of 1,000 rooms. The investment came through the AfricInvest III LLC fund. It aims to help the group in its expansion across the region, but also boost its capacities and improve its services.
Port Authority of Valencia to invest €233m to upgrade three ports
ship-technology.com 06 Jan, 2017
Port Authority of Valencia (PAV) has unveiled a business plan to invest more than €233m to upgrade three of its ports, including Valencia, Sagunto and Gandía, until 2020. As part of the plan, PAV is planning to invest €56.19m during this year and more than €177m during the period of 2018-2020. Of the €35.44m to be invested in the port of Valencia this year, €25.55m will be used for generating and conditioning new berths and surfaces. €18.5m will be invested for dredging of the port’s Prince Felipe and Levante docks and for the improvement of the drainage of Príncipe Felipe, Levante and transverse wharves of Costa. The proposed dredging is expected to increase the draft of the three terminals from Valencia port by around 18m, enabling the port to handle a new generation of container ships, with more than 18,000 Twenty-foot Equivalent Unit (TEU) capacities.
San Miguel Corp set for investment in food business
foodbey.com 06 Jan, 2017
San Miguel Corp, based in the Philippines, plans to invest PHP 75bn in its San Miguel Pure Foods subsidiary. Some of the investment will be spent on new production facilities for Pure Foods’ hot dog, corned beef and luncheon meat products. The investment will also see an expansion of the group’s flour mills, to increase production capacity by an additional 1,200 tons daily. The plans are slated for completion by 2018.
Westy Self Storage Expands Stamford, CT, Facility
insideselfstorage.com 06 Jan, 2017
Westy Self Storage, which operates 15 properties in Connecticut, New Jersey and New York, will begin expanding its facility in Stamford, Connecticut, next month. The 57,000-square-foot addition to the property at 80 Brown House Road will increase the existing building to 280,000 square feet and add 450 units to the current 1,700. The addition on the building’s south end is expected to be complete this fall.
$128 Million Budget Proposed For Falmouth
capenews.net 06 Jan, 2017
Falmouth’s proposed operating budget for Fiscal Year 2018, which begins 1st July, 2017, represents a 4 percent increase over this year. The $128,262,522 budget is up from this year’s operating budget of $123,079,362. Among the biggest items driving the budget increase are a 12 percent rise in health insurance costs, which comes out to $1.6 million. Five percent of that increase is reflected in the FY18 budget. The school department will also see a 2.3 percent, or $1 million, increase in its budget for FY18. Other increases for the coming fiscal year include an additional $350,000 for the town’s solid waste contract, a $364,800 increase in money set aside for retirement payments, $360,000 for insurance, information technology, and ESCO project debt costs, and $375,000 in Falmouth Fire Rescue salary increases that go into effect in the new fiscal year. The new budget includes a $2.4 million increase in principal and interest, as well as an additional $2.2 million in excluded debt. The excluded debt costs will be partially offset with $1.3 million in debt stabilization funds.
Southern California eyes desalinated water from Mexico
upi.com 06 Jan, 2017
The United States imports vehicles, equipment, fresh produce and other goods from Mexico. The Otay Water District serves a population of 220,000 people in southeastern San Diego County, in a service area spanning 125 square miles, from the border city of Chula Vista to the unincorporated areas in Jamul. AIt currently buys potable water from the Metropolitan Water District of Southern California, the San Diego County Water Authority and the Helix Water District. consortium of international companies plans to build the largest desalination plant in the West in Rosarito, Mexico, a coastal resort city in Baja California. The first phase, with 50 million gallons of water in daily capacity, will be completed in 2019 or 2020.
Tech Mahindra creates Saudi Arabian joint venture with Al Fozan Group
econoictimes.indiatimes.com 05 Jan, 2017
Tech Mahindra is forming a joint venture with Midad Holdings’ unit Al Fozan Group to create a 100-seat delivery centre in Saudi Arabia. The centre, which will be set up in Al Khobar, will serve the Saudi market and mainly employ locals.
Navy installs 86th RO plant at Thirappane
defence.lk 05 Jan, 2017
Sri Lanka Navy has installed several more of its Reverse Osmosis (RO) water treatment plants in a number of locations with the dawn of the New Year. The RO plant installed at Mahanama Maha Vidyalaya in Thirappane has been declared open on 4th January, 2017. This will be 86th plant to be produced and installed by the Navy. The plant produced by the Navy’s Research and Development Unit is set up with sponsorship of Firefly Mission Singapore Institute.
Lidl gets green light to build new store in Co Wicklow
irishexaminer.com 05 Jan, 2017
Lidl has overcome opposition from an independent retailers’ body to secure planning for a new store at Greystones in Co Wicklow. The company has 150 stores, having recently opened new outlets in Dublin and in Virginia. The company is currently spending €100m a year in its expansion plan.
Abu Dhabi approves infrastructure projects worth Dhs241m
gulfbusiness.com 05 Jan, 2017
The Abu Dhabi Executive Council has approved infrastructure projects worth Dhs241m. The Council’s executive committee has approved projects related to improving power supply and developing roads. They include a Dhs55m project to increase the capacity of the electricity grid in Al Ain and its suburbs, which will include the installation of an additional transformer, six integrated primary stations and 13km of power and optical fiber cables. The committee also approved a Dhs45m project to set up a new transfer plant in Zakher in a bid to develop all the elements of an integral power system. A maintenance and restoration project for internal roads and bridges in Abu Dhabi mainland (south), at a cost of Dhs76m is also approved. It further approved maintenance, restoration and asset management projects for main roads in region 3, western sector, at a cost of over 21m.
Summit signs deal to build $500m LNG terminal
thedailystar.net 05 Jan, 2017
Summit Group has signed an initial contract with Petrobangla to set up a liquefied natural gas terminal on Moheshkhali Island in Cox’s Bazar at a cost of about $500 million. Summit LNG Terminal Company, a unit of Summit Group, will develop the floating facilities in 18 months after signing the final contract. The floating terminal will supply 500 million cubic feet of natural gas per day. The LNG will cost the government $0.45 per 1,000 cubic feet of natural gas. The company will transfer the facilities to Petrobangla after operating it for 15 years and it will implement the project jointly with US-based GE as equity investment partner, and plans to implement the LNG terminal project with its own funds.
China’s Hillhouse to invest $250m in Permira-backed e-commerce platform Magento
dealstreetasia.com 05 Jan, 2017
China-based investment management firm Hillhouse Capital will funnel $250 million into California-headquartered e-commerce platform solutions provider Magento to help its growth in Asia. The capital infusion will also facilitate the company’s marketing and client support, new product innovation and future acquisitions.
TexPharma to build facility in Rosenberg
chron.com 05 Jan, 2017
TexPharma will kick off construction in the Rosenberg Business Park with a facility that could bring up to 500 jobs to Fort Bend County. TexPharma, which produces and bottles vitamins, dietary supplements and other items, has purchased 19.1 acres in the park, and plans to begin construction on the first phase of a 210,000-square-foot building soon. The company is investing about $21 million in the project. The center, which could open as early as this year, will initially employ 80 people.
Winter Harbor to upgrade wastewater treatment facility
ellsworthamerican.com 05 Jan, 2017
Two Downeast communities ‘Winter Harbor and Eastport’ have received several million dollars in grants and loans to upgrade their wastewater treatment facilities. The funding represents two of six Maine projects totaling $11.1 million that are being aided by the USDA Rural Development Agency. The Winter Harbor Utility District is received $4.6 million, one half a loan and one half a grant to upgrade the wastewater treatment facility and collection system.
Pride Group Logistics opens new facility in Fort Erie
trucknews.com 05 Jan, 2017
Pride Group Logistics has expanded its footprint and opened a new facility in Fort Erie, Ontario. The new facility is the business’s fourth terminal and is currently staffed by 35 employees and owner-operators. The terminal has a 9 acre secure yard, operations center, driver facilities, multiple drive through service bays and a truck/trailer wash bay.
Popular Columbus chicken restaurant to expand with Clintonville location
10tv.com 05 Jan, 2017
Columbus’ Hot Chicken Takeover, founded as a pop-up restaurant in Old Towne East before moving into its current location in the North Market, will grow again with the addition of a second restaurant this year. The restaurant plans for the new location at 4203 North High Street in Clintonville to open later this spring. The company expects to announce an exact opening date after construction is underway.
Guangzhou Salvage Bureau and Rich Offshore set up offshore wind jv
splash247.com 04 Jan, 2017
Guangzhou Salvage Bureau of the Ministry of Transport has signed an agreement with Zhejiang-based Rich Offshore to establish a joint venture to serve the offshore wind market. The joint venture will be focused on the engineering and EPC businesses for offshore wind projects.
Pupuk Sriwijaya to build new fertilizer production unit
antaranews.com 04 Jan, 2017
PT Pupuk Sriwijaya Palembang (Pusri) hopes to build a new production unit called Pusri III-B this year under its revitalization program to boost production and improve efficiency. Tender will be held early this year for the construction of Pusri III-B factory. The target is Pusri III-B is to be operational in 2018.
Leading German institute to set up research center in Hsinchu
focustaiwan.tw 04 Jan, 2017
The Max Planck Institute (MPI) is set to establish an international research center in Hsinchu, northern Taiwan in conjunction with Taiwan’s National Synchrotron Radiation Research Center (NSRRC). MPI, working with the NSRRC, National Chiao Tung University (NCTU) and National Tsing Hua University (NTHU), will establish the Center for Complex Phase Materials later this year.
Chinese real estate developer to invest 3 bln USD in luxury hotels in Cambodia
globaltimes.cn 04 Jan, 2017
globaltimes.cn 04 Jan, 2017
Prima Plastics expands manufacturing capacity in Cameroon
business-standard.com 04 Jan, 2017
Prima Dee-Lite, manufacturer of moulded articles and HDPE woven sack bags, has increased the capacity from 4500 TPA to 8500 TPA. The commercial production at the plant has commenced on 3rd January, 2017. The company designs and manufactures plastic moulded furnitures such as chairs, dining tables, stools and teapots and it also exports its products to the US, Africa and the Middle East.
Air Liquide commissions hydrogen storage facility
hydrocarbonengineering.com 04 Jan, 2017
Air Liquide has recently commissioned the largest hydrogen storage facility in Beaumont, Texas, US. The underground hydrogen storage cavern complements the company’s robust supply capabilities along the Gulf Coast and it offers greater flexibility and reliable hydrogen supply solutions to customers via the company’s Gulf Coast Pipeline System.
Rolls-Royce prepares to open research, development facility
wane.com 04 Jan, 2017
Rolls-Royce is preparing to open a facility to boost development and testing of jet engine components at the Purdue Research Park Aerospace District. The project is part of the $1 billion Purdue Innovation District, a partnership between the Purdue Research Foundation and Browning Investments LLC.
Container company could build $73 million facility in Iowa, add hundreds of jobs
kwwl.com 04 Jan, 2017
Sterilite hopes to build a $73 million manufacturing and distribution center in Davenport on 160 acres of land. City officials on 4th January, 2017 will begin considering an incentive package that will include a partial rebate of property taxes for 15 years and road improvements.
Turkish firm builds recycling facility in Holland
worldbulletin.net 04 Jan, 2017
Turmaks has established a facility to produce silicopolymer recycling technology in the Dutch city of Sittard, Netherlands. The company has made a 3.5-million-euro investment on the facility that will operate within a Dutch company, ERPlastics BV. The company has completed several healthcare projects in Turkey, Azerbaijan, Darfur (in western Sudan), Cote d’Ivoire, Algeria, Mali, Nigeria, Ghana and the Maldives.
Holtec to begin move to Camden next month
courierpostonline.com 03 Jan, 2016
The Holtec International next month will begin the move from the Marlton base to a new Camden complex. The manufacturing operations at the new site, once scheduled to begin in mid-2018, are expected to be underway later this year. The manufacturing facilities at the $312 million complex will be outfitted with the latest in equipment and machinery. The campus is expected to manufacture a small modular nuclear reactor, the SMR-160.
WA’s largest gas storage facility to be built
australianmining.com.au 03 Jan, 2017
Duet Group subsidiary DBP Development Group (DDG) is constructing a gas storage facility in Western Australia. The project will use the depleted Tubridgi onshore gas reservoir, located around 30km from Onslow in northwest WA. This is also in close to Chevron’s Wheatstone and BHP-operated domestic gas facilities. The facility has a total construction cost of $69 million and will have a storage capacity of around 42 Peta Joules (PJ). The site is expected to be operational in June next year.
Punggol, Sembawang to get sports centres by 2020
tnp.sg 03 Jan, 2017
Preliminary work has begun for a Regional Sports Centre (RSC) in Punggol, to be ready in 2019, and a Town Sports and Recreation Centre (TSRC) in Sembawang, expected to be completed the same year or by 2020. An RSC is a Tier 2 facility under the Government’s Sports Facilities Master Plan, second in scale only to the Tier 1 Singapore Sports Hub. A TSRC is a smaller-scale Tier 3 facility, which may include a swimming pool and indoor sports hall, among others
Yangtze River Storage breaks ground for memory plant
digitimes.com 03 Jan, 2017
Yangtze River Storage Technology recently broke ground on a new memory semiconductor fabrication plant located in the Donghu New Technology Development Zone, Wuhan (Hebei province, China), which will cover an area of about 13 hectares. Total investment in the plant is estimated at US$24 billion, said Tsinghua Unigroup, which owns a controlling 51.04% stake in Yangtze River Storage. China’s National Integrated Circuit Industry Investment Fund, Hubei IC Industry Investment Fund, and Hubei Science & Technology Investment Group are other shareholders of Yangtze River Storage.
Volkswagen breaks ground for plant today
dailynews.lk 03 Jan, 2017
Volkswagen has broken ground on its assembly plant in Kuliyapitiya on 3rd January, 2017. Volkswagen AG’s local joint venture partner is Senok Automobiles and the total investment will be US$ 26.5 million. Out of this US$ 21.5 million will be invested in fixed assets within a period of 24 months. The company will initially assemble vehicles in the 1000cc to 2000cc category and these vehicles will be diesel powered and include passenger cars, Sport Utility Vehicles (SUV), Multi Utility Vehicles (MUV) or commercial vehicles.
Rwanda’s $76 million road expansion project to commence
cnbafrica.com 03 Jan, 2017
Roads expansion projects across Rwanda’s capital city are set to commence in January. The expansion project is set to cover about 54 kilometres, with a focus on expanding roads to a dual carriage way with two lanes on each side. The road upgrade will be in two phases; the first from the roundabout in town to Gatsata, Kanogo to Rwandex and to Prince House in Remera and the second will cover Nyacyonga, Nduba, Nyamirambo and the network around Rugando.
Ethiopian Airlines Cargo facility to be operational in April 2017
aircargoworld.com 03 Jan, 2017
Ethiopian Airlines is constructing a new cargo terminal, around 82% work has been completed and it is expected to be operational in April 2017. Upon completion, the Addis Ababa facility will have an annual storage capacity of 1.2 million tonnes and will be able to handle eight 747-800 freighters at a time. Construction of the first phase will cost approximately US$150 million
Armacell to Construct New Manufacturing Facility in Bahrain
techsciresearch.com 03 Jan, 2017
Armacell International S.A., a foam manufacturer, is planning to build a new manufacturing facility at the Bahrain International Investment Park (BIIP), with an investment of USD16 million. The new plant will produce elastomeric rubber insulation for the Heating, Ventilation and Air-Conditioning (HVAC) market in the GCC and Africa region.
Hexion to build new technology center in Germany
compositesworld.com 03 Jan, 2017
Hexion Inc. will build a new European technology center in Kamp-Lintfort, Germany. The new facility will consolidate activities from several research and development facilities located in nearby Duisburg. The facility will be located at the Dieprahm Technology Park and includes an existing 15,000 square feet building housing office and warehouse space, adjacent to which will be built a 17,200 square feet new laboratory facility. The company plans to complete the project in mid-2018.
ALLETE Clean Energy to expand wind farm
businessnorth.com 03 Jan, 2017
Allete Clean Energy (ACE) will work with Montana-Dakota Utilities (MDU) to expand the Thunder Spirit wind farm in North Dakota, reaching the 150-MW permitted capacity of the facility. The unit of ALLETE Inc. secured a 25-year power purchase agreement with MDU to purchase energy from the expansion near Hettinger, North Dakota. Major construction on the $85 million project is expected to start in May 2018.
Ford Invests $700 Million To Expand Flat Rock Michigan Assembly Plant
areadevelopment.com 03 Jan, 2017
Ford plans to invest $700 million to expand its assembly plant in Flat Rock, Michigan. The factory will begin to build high-tech autonomous and electric vehicles along with the Mustang and Lincoln Continental. The moves are part of a $4.5 billion investment in electrified vehicles by 2020, offering customers greater fuel efficiency, capability and power across Ford’s global vehicle lineup. The plans are part of the company’s expansion to be an auto and a mobility company, including leading in electrified and autonomous vehicles and providing new mobility solutions.
Marangoni Tyre Italy to open Rs 11.25 bn plant in Horana
dailynews.lk 02 Jan, 2017
Rigid Tyre Corporation (Marangoni of Italy) will invest Rs. 11.25 billion to build an integrated tyre manufacturing plant in Horana, Sri Lanka. The foundation stone will be laid on 5th January, 2017. Equipped with the latest technology, this new plant is destined to roll in a new page in the industrial sector of Sri Lanka.
Labon’s first US facility to begin operations in Jan02
technicaltextile.net 02 Jan, 2017
Labon, a technical fibre and textile manufacturer is establishing its first US facility in Orangeburg County, South Carolina, which will begin operations this month. The company has purchased a 15,700-square-foot facility to utilise raw materials for producing fibres in the country. The project is expected to bring $3.1 million in capital investment. The Coordinating Council for Economic Development has approved job development credits related to the new project.
Dubai’s DP World mulling plans to set up Egyptian dry port
arabianbusiness.com 02 Dec, 2016
DP World plans to set up a dry port near Cairo in Egypt. The company is also considering the establishment of other ports around Egypt. A DP World delegation will visit Egypt soon to hold talks about possible investments.
South Korean oil refiner SK Innovation to invest $2.5bn to bolster growth
refiningpetrochemicals.energy-business-review.com 02 Jan, 2017
SK Innovation is set to invest $2.5bn to boost its global growth by expanding its oil exploration, chemicals and battery businesses. Under the strategy, the company will target its continued investment on mergers and acquisitions in oil exploration and chemicals segments. Besides, it also plans to expand its battery facilities.
Petronet signs pact to set up $950 mn LNG project in Bangladesh
business-standard.com 01 Jan, 2017
Petronet has signed an agreement to set up a $950 million liquefied natural gas import project in Bangladesh. The company has signed an MoU with with Petrobangla to set up a 7.5 million tonnes a year project to receive and regasify LNG on Kutubdia Island in Cox’s Bazar and lay a 26-km pipline to connect it to the consumption markets. The company intends to start marine survey work this month and are targeting 2020 for completion of the project.
Kura plans more sushi restaurants in Taiwan
asia.nikkei.com 01 Jan, 2017
Kura plans to octuple the number of its KURA SUSHI conveyor-belt sushi restaurants in Taiwan to 40 by 2024. The first batch of five new restaurants is scheduled to open in 2017.
St. Anthony Hospital Plans to Expand
keypennews.com 01 Jan, 2017
CHI Franciscan Health initiated a certificate of need request with the Washington State Department of Health for permission to build the unfinished fifth floor at St. Anthony Hospital. They received approval for the $15.6 million expansion project on 30th November, 2016. Construction shall start in April, pending approvals from DOH Construction Review Services and the Gig Harbor Building Department. Projected completion of the project is early 2018
Collingwood G&M Hospital makes moves for new facility
simcoe.com 01 Jan, 2017
Collingwood General & Marine Hospital made its first move in getting a new facility for South Georgian Bay. The hospital continued its process of submitting its Phase 1 plan to the Ministry of Health. The project is expected to cost about $400 million. The hospital’s Phase 1 submission was approved the LHIN (Local Health Integration Network) in December.
China Starts Building SMR-Based Floating Nuclear Plant
powermag.com 01 Jan, 2017
China has officially begun construction of its first offshore nuclear power plant, a demonstration project that will employ the domestically developed ACPR50S Small Modular Reactor (SMR). The 60-MWe (200-MWt) ACPR50S reactor design, which is part of China’s ACPR series of SMRs, got the National Development and Reform Commission’s green light in late 2015 to advance as part of a program to develop experimental reactors outlined in the 13th Five Year Plan. The preliminary design of the ACPR50S is underway. It expects construction of the demonstration project will be completed by 2020
PAMA to invest €500,000 in several Mosta projects
timesofmalta.com 01 Jan, 2017
An agreement has been recently signed between PAMA Shopping Village and Most local council, whereby PAMA will be investing €500,000 on a number of projects in Mosta. These projects will consist of the upgrading of two playing fields in the Żokrija and Ta’ Mlit areas, as well as the restructuring of the Lion Fountain at Mosta squar and, the resurfacing of 4,200 square metres of pavements in different localities around Mosta, including Pantar Road. PAMA will also be investing in a book on Mosta historical events.
PTF to construct sports complex in Lahore, Karachi
nation.com.pk 31 Dec, 2016
Pakistan Tennis Federation (PTF) plans to construct its own sports complex in Lahore and Karachi. The PTF is working on leasing a piece of land in Lahore and Karachi to build the complex.
Oxford Sewer Authority works on plans to get solvent
dailylocal.com 31 Dec, 2016
The Oxford Area Sewer Authority Board held a special meeting on 29th December, 2016 to take a first look at planning a work out agreement with the United States Department of Agriculture (USDA) to get back on track after defaulting on loan payments in 2016. The authority’s $27 million loan from USDA for construction of the sewer treatment facility expansion required repayment to begin in 2016, but the authority is unable to make the payment, putting it $1,334,789 in arrears.
Federal Regulators Weigh in on Proposed Natural Gas Pipeline
wvpublic.org 31 Dec, 2016
A proposed natural gas pipeline that will cross West Virginia, Virginia and North Carolina will have adverse environmental impacts, but most could be avoided, minimized or mitigated. The Federal Energy Regulatory Commission’s more than 2,300-page draft environmental impact statement for the Atlantic Coast Pipeline outlines the potential effects of the project on vegetation and wildlife, water, public land and other resources.
Foxconn joint venture to build $8.8-bn LCD facility in China
domain-b.com 31 Dec, 2016
Japan’s Sakai Display Products Corp (SDP), a joint venture between Hon Hai Precision Industry Co, known as Foxconn and Sharp Corp, plans to build a $8.8 billion factory in China to produce liquid-crystal displays (LCDs). The plant will have capacity equating to 92 billion yuan a year and it will be a so-called Gen-10.5 facility specializing in large-screen LCDs and become operational by 2019.
Mundesley Hospital reveals plans to expand – despite being in special measures
edp24.co.uk 30 Dec, 2016
Mundesley Hospital has revealed plans to extend and refurbish its building in Gimingham Road. It has applied to North Norfolk District Council for permission to make alterations to an existing wing to create six new bedrooms for patients, including an overnight guest room which could provide the link to a further expansion of the property.
Power Developers File For 1,650 MW NatGas-Fired Plant in Ohio
naturalgasintel.com 30 Dec, 2016
Apex Power Group LLC and Caithness Energy LLC are jointly developing the Guernsey Power Station. The pre-application letter, filed with the Ohio Power Siting Board, initiates the regulatory process. Apex revealed in early 2016 that it is considering a 1,100 MW facility, saying at the time it had already applied for electrical interconnection. Guernsey Power Station will include three units, each using a gas and steam turbine. Construction is projected to start in 1Q2018, with commercial operation anticipated for late 2020. A public meeting also has been scheduled for 25th January, 2016 at a local high school to share information about the project with stakeholders.
CJ Partners Acquires $14M Mixed-Use Facility in Hollywood, FL
cpexecutive.com 30 Dec, 2016
CJ Partners Hollywood LLC recently purchased the $13.7 million Wartsila Building, a high-tech warehouse and manufacturing facility located at 2900 SW 42 St. in Hollywood, Florida. Situated in Port 95 Commerce Park, the property is a mixed-use business park comprising more than 2.4 million square feet of space situated on 186 acres of land, located west of the Fort Lauderdale/Hollywood International Airport.
French investors invited to invest in Pakistan
radio.gov.pk 30 Dec, 2016
Pakistan’s stable economy and improved security situation offers attractive investment opportunities for French businessmen and companies. The members of the Toulouse Chamber of Commerce have been invited to visit Pakistan and explore the lucrative market.
Private medics to get interest-free loans to set up hospitals
brecorder.com 30 Dec, 2016
China will build more high-speed railways as part of its efforts to establish a comprehensive transport system during the 13th Five-Year Plan period (2016-2020). China will increase the length of high-speed railways in service to 30,000 km by 2020, which will link more than 80 per cent of its big cities. The country will renovate 30,000 km of expressways and provide tarmac and cement roads and shuttle bus services for administrative villages with the necessary conditions, while all villages will have access to mail service.
Government to Build Shs4 Trillion Irrigation Scheme in Pallisa
allafrica.com 30 Dec, 2016
The government, in partnership with the Korea Rural Community Corporation, is set to construct an integrated irrigation scheme at River Mpologoma in Kibuku District to address the persistent dry spell and increase on household incomes. The Shs4.5 trillion Mpologoma River Basin Integrated Agriculture Development Project, is being spear-headed by the Ministry of Agriculture. The project will also improve post-harvest processing facilities, distribution, agricultural produce marketing and also build capacity for poverty alleviation and job creation in rural areas. The project, to be constructed on River Mpologoma in Pallisa and Kibuku districts, is to run for 49 years and is to be implemented in phases.
Groundbreaking for $23-million project at Hutch Regional set for Thursday
hutchnews.com 30 Dec, 2016
Groundbreaking for a $23-million construction project at Hutchinson Regional Medical Center is scheduled on 29th December, 2016. The project will result in a new and advanced Intensive Care Unit and upgrades to core mechanical and electrical infrastructure in the hospital complex at 1701 E. 23rd Ave. During the first phase, workers will carry out $5 million in mechanical and electrical upgrades that shall be completed by 1st July, 2016. The second phase will start 1st June, 2016 with construction of a single-story, 15,000-square-foot ICU on the west edge of the hospital campus adjoining the hospital’s Emergency Department. This part of the project will cost an estimated $18 million and shall be finished by 1st December, 2018.
Sun Group plans to set up phosphate plant in Egypt
business-standard.com 30 Dec, 2016
Sun Group is considering to set up a USD 40 million phosphate production plant in Egypt. The plant to be set up in cooperation with Phosphate Misr and other Egyptian companies will contribute to increasing Egyptian phosphate and boost local market share of exports to global markets.
Russia to set up 60 LPG AirMix plants in different areas in Pakistan
dunyanews.tv 30 Dec, 2016
Russia is all set to install as many as 60 Liquid Petroleum Gas (LPG) AirMix plants in various areas of Pakistan. Keeping in view increasing demand of energy, 24 LPG plants will be set up in Balochistan whereas 36 will be divided in Murree, Gilgit Baltistan and Azad Kashmir.
KP to give land for 870MW Suki Kinari power plant
dailytimes.com.pk 29 Dec, 2016
The Commissioner Hazara Division signed a deal with Private Company to provide land for the construction of 870 megawatt Suki Kinari hydropower plant in Pakistan on the direction of Khyber Pakhtunkhwa government on 28th December, 2016. The project will take six years in completion.
Talks on LNG pipeline project nearing completion
brecorder.com 29 Dec, 2016
The negotiation on commercial contracts for $2.2 billion North-South LNG Pipeline from Karachi to Lahore are nearing completion and construction work is expected to start in the Q1 2017. The LNG Pipeline project is being constructed with the assistance of Russia and 85 percent of the cost would be borne by Russian government on BOT basis
China To Spend $125 Billion Per Year to Expand Rail Network by 2020
skift.com 29 Dec, 2016
The Chinese government plans to expand the country’s high-speed rail network to 30,000 kilometers by 2020. Overall, China plans to invest 3.5 trillion yuan in railway construction between this year and 2020. The plans call for the renovation of expressways and faster construction of railways to serve less-developed regions in central and western China.
NPC begins study on Kathmandu-Nijgadh fast track
thehimalayantimes.com 29 Dec, 2016
On December 22, the government has authorised the National Planning Commission (NPC) to conduct study of the construction of Kathmandu-Nijgadh fast track in Nepal and submit report within a month. A cost of Rs 112 billion has been estimated to construct the 76-kilometre road under the project.
China to build more high-speed railways in 5 years
economictimes.indiatimes.com 29 Dec, 2016
China will build more high-speed railways as part of its efforts to establish a comprehensive transport system during the 13th Five-Year Plan period (2016-2020). China will increase the length of high-speed railways in service to 30,000 km by 2020, which will link more than 80 per cent of its big cities. The country will renovate 30,000 km of expressways and provide tarmac and cement roads and shuttle bus services for administrative villages with the necessary conditions, while all villages will have access to mail service.
High-speed railway links Shanghai and Kunming
nhk.or.jp 29 Dec, 2016
A new high-speed railway connecting the Chinese cities of Shanghai and Kunming has been launched on 28th December, 2016. With a top speed of 350 kilometers per hour, the new service covers the 2,252-kilometer stretch in around 11 hours.
Qoros to set up smart car R&D center in Israel
globes.co.il 29 Dec, 2016
Qoros, an auto manufacturer controlled by Kenon Holdings and Chinese company Chery, is opening an auto R&D center in Israel aimed at developing a smart car. The measure is part of the company’s recently announced focus on rechargeable electric and hybrid cars and the development of autonomous driving technology. The company plans to launch a fully electric car with a battery range of 350 kilometers in China this year, and will launch its second generation of vehicles based on electric propulsion, artificial intelligence, autonomous driving, and other innovations in 2020.
Petrobangla signs deal with India co to set up LNG project
thefinancialexpress-bd.com 29 Dec, 2016
Petrobangla signed a deal with an Indian company set up a LNG Infrastructure Development Project at an estimated cost of $ 950 million. The project includes setting up a LNG re-gasification terminal at Kutubdia Island along with gas pipeline to carry the re-gasified LNG. The capacity of the terminal is expected to be 7.5 MMTPA and it will be completed in four years with provision for future expansion and can also be used to supply LNG through small barges and LNG trucks to users which are not connected by gas grid.
BMW to set up new development centre for autonomous driving
autocarpro.in 29 Dec, 2016
The self-driving, electric and fully connected BMW iNEXT is scheduled for release in 2021. The self-driving, electric and fully connected BMW iNEXT is scheduled for release in 2021. Upon final completion, more than 2,000 employees will work on the next steps towards fully-automated driving, from software development to road testing, at the new location
China to Invest $500 Billion in Railways by 2020
laht.com 29 Dec, 2016
China will invest $503 billion to develop its railway networks between 2016 and 2020, especially in the construction of 11,000 kilometers of tracks for high-speed trains. On 28th December, 2016, the country inaugurated a 2,252-kilometer long track between the cities of Shanghai and Kunming. The country will continue undertaking more railway projects in other countries that are part of the new Silk Route. Several such plans which are already underway, including the China-backed construction of railways in Laos, Indonesia, Serbia, Pakistan, Ethiopia and Brazil, among others.
Agreement on Marine Container Facility in Nova Scotia Port
globaltrademag.com 29 Dec, 2016
Ports America and Sydney Harbour Investment Partners (SHIP) have announced an agreement for the promotion, development, and management of Novaporte, the marine container facility in the Port of Sydney, Nova Scotia. SHIP has exclusive development rights to approximately 500 acres in the Port of Sydney and, with the support of Ports America and a specially formed development group, will build a dedicated, semi-automated, deep-water marine container facility capable of handling 18,000+ TEU vessels. Building will commence after establishing sufficient customer volume commitments. Construction, once initiated, is expected to take approximately two years to complete.
New rehab center under construction in northeast Loveland
reporterherald.com 29 Dec, 2016
A 70-bed new short-term rehabilitation facility is being built by Indiana-based Mainstreet, a real estate developer and builder of post-acute health care facilities and student housing. Mainstreet bought about 5 acres from Loveland developer McWhinney this past summer and began work at the site in the fall. The 50,000-square-foot, single-story facility will be completed in October 2017.
Malaysia’s Petronas eyes new site in $27b Canada LNG plan
dealstreetasia.com 29 Dec, 2016
Malaysia’s Petroliam Nasional Bhd. is seeking to move ahead with a proposed $27 billion liquefied natural gas project in western Canada after identifying a new site for shipping the fuel. Petronas’s Pacific NorthWest LNG project will continue as planned with the liquefaction plant on Lelu Island in British Columbia. Petronas and its partners, China Petrochemical Corp., Japan Petroleum Exploration Co., Indian Oil Corp. and Brunei National Petroleum Co. are expected to decide whether or not to proceed with the project in early 2017.
One World Beef Begins Production At Brawley Processing Plant
tribwekchron.com 29 Dec, 2016
The Brawley City Council heard some welcoming news from One World Beef about the opening of its beef processing plant at their meeting on 20th December, 2016. The plant is currently running on a temporary business license issued by the city after an inspection on 22nd November, 2016.
340 MW nuclear power plant ‘C-3’ inaugurated
business-standard.com 28 Dec, 2016
The 340 MW extension unit of the Chashma Nuclear Power Plant (CHASNUPP), titled C-3 has been inaugurated on 28th December, 2016. The project is executed by the Pakistan Atomic Energy Commission under the guidelines of the International Atomic Energy Agency. Another unit of the same capacity, titled C-4, is expected to be connected to the national grid in the future. CHASNUPP Unit-1 and CHASNUPP Unit-2 are already functional.
Medco Plans for Three Gas Power Plants
en.tempo.co 28 Dec, 2016
PT Medco Power Generation Indonesia, a subsidiary of PT Medco Energi International Tbk, will propose the construction of three gas power plants, which will be built in Kuala Langsa, Aceh, Senoro Block and Simenggaris Block. The firm will build a power plant with a capacity of around 100 MW. A feasibility study is currently ongoing.
Takoradi Port witness huge expansion for container handling
ghanaweb.com 28 Dec, 2016
The Ghana Ports and Harbours Authority (GPHA) has entered into a joint venture agreement with Ibistek Crowley for the construction of a 7500TU off-dock container terminal at the Takoradi Port. Some 97,000 sq. mtrs of land has been reclaimed for the terminal. The site earmarked for the project is the old Prime Wood area within the Sekondi-Takoradi Metropolis.
P1.36-B hydro power project in Mindanao Okd
business.inquirer.net 28 Dec, 2016
The Board of Investments has granted incentives to a Chinese-backed renewable energy project in Northern Mindanao, which is expected to help boost industrial development in the region. It approved the application of Liangan Power Corp. (LPC) for its proposed P1.36-billion, 11.9-MW hydropower project, which will be fully operational by January 2019. The project, which is expected to employ up to 44 personnel, will fall under the mandatory list of the 2014-2016 Investment Priorities Plan (IPP).
UAE’s Mulk Holdings to invest $20m in Serbia
constructionweekonline.com 28 Dec, 2016
Mulk Holdings, will invest over $20m in the expansion of its facilities in Serbia. The firm plans to set up an ACP production line with A2 fire rating and a fully integrated coil coating line at the Alubond Europe premises, located in Banatski Karlovac. Notably, It will be setting a coil costing line with a production capacity of 12,000 tonnes in addition to the A2 production line.
CF Industries completes new Iowa facility
dailyherald.com 28 Dec, 2016
CF Industries Holdings has completed the new ammonia and urea plants at the company’s Port Neal, Iowa, Nitrogen Complex. The plant, which began production in late November, has operated at approximately its nameplate capacity of 2,425 tons per day. The back end of the plant (ammonia synthesis) is recently taken offline to replace a gasket and is expected to resume production shortly. The front end of the ammonia plant continues to operate and produce carbon dioxide that is used to feed the new urea plant. The urea plant, which has been commissioned earlier this month, has produced on specification granular urea.
Toyobo to expand manufacturing facility to double capacity of airbag fabric
yarnsandfibers.com 28 Dec, 2016
Toyobo, intends to build a manufacturing facility to double the production capacity of air bag fabric by fiscal 2020 at a local plant of German thread maker PHP, in which they will spend some 10 billion yen with Thailand textile giant Indorama Ventures. In the U.S., Toyobo will double capacity in fiscal 2017 by adding equipment that turns nylon thread into air bag fabrics and resin-coating machines that strengthen the fabrics at a plant in Alabama
PARIS, TN: Jones Plastic plans 52 new jobs in Camden
parispi.net 28 Dec, 2016
Jones Plastic and Engineering, a plastic injection mold manufacturer plans to expand in Camden, creating 52 new jobs in Benton County. The firm is expecting to invest $4.5 million in its expansion. The company’s primary markets are appliances, outdoor products, medical supplies, electronics and automotive.
Ivory Coast signs deal for construction of two 350 MW power plants
in.reuters.com 28 Dec, 2016
Ivory Coast will build two 350 MW charcoal power stations in the western cocoa town of San Pedro by 2021 to address growing national demand for electricity. One plant is scheduled for completion in 2020 and the second in 2021.
Sonalika Tractors in talks to set up a plant in China
livemint.com 27 Dec, 2016
International Tractors is in talks with a Chinese tractor maker to form a joint venture for a plant it is putting up in Shandong province. Work on the unit has already started and it is expected to commence production in the first half of calendar year 2017. By 2020, the unit will have a capacity to make 5,000 tractors every year. Sonalika International currently has assembly plants in Brazil, Algeria and Cameroon and exports semi-knocked-down, completely-knocked-down and fully-built tractors to close to 80 countries and it is also in talks with its distributor in Iran to set up an assembly plant.
PAEC to set up two more cancer treatment centres
dawn.com 27 Dec, 2016
Pakistan Atomic Energy Commission (PAEC) will establish two cancer treatment centres in Khyber Pakhtunkhwa for which the health department has pledged provision of free land. The district administration is asked by the government to identify a 20-kanal piece of land in Chitral for setting up the centre after the government agreed with a proposal of the commission. The Board of Governors of Mardan Medical Complex (MMC) has also been requested to provide a 80-kanal piece of land for construction of cancer centre. PAEC will construct buildings of the cancer treatment centres on scientific lines and specifications besides providing equipment, staff and paying running cost of the diagnostic and treatment in the proposed districts.
Siemens to increase capacity of national electricity grid by 3,200 MW within days
dailynewsegypt.com 27 Dec, 2016
Siemens is set to increase the capacity of the national electricity grid by 3,200 MW within days through the Beni Suef, the New Administrative Capital, and Borollos power plants. The testing of the Beni Suef plant is ongoing to produce 800 MW. The pilot run will end on 29th December, 2016. Four production units in the same plant have been introduced last week to produce 1,600 MW, adding that the output of the Beni Suef power plant will reach 2,400 MW through six production units.
MSC Signs $7.5m Deal With Finnish Firm
financialtribune.com 27 Dec, 2016
Mobarakeh Steel Company signed its first foreign investment deal worth $7.53 million with Finland’s Ecofer. The deal, based on a build-operate-transfer contract, entails Ecofer providing the Iranian steelmaker with the required technology and machinery for cold and hot electric arc furnace slag processing. Ecofer will supply the equipment needed for processing 1.25 million tons of slag per year.
CDGP to construct 10-storey public sector parking plaza
brecorder.com 27 Dec, 2016
City District Government Peshawar has decided the construction of 10-storey parking plaza in Namak Mandi. The PC-I and PC-II of the project has already been prepared and work on the project will be initiated in March 2017. The plaza will be constructed at a cost Rs. 250 million on 45 Marla land and its first two floors will be comprised of shops while the remaining floors will be reserved for parking.
Fabric maker Taiwan Paiho to build Vietnam plant
taipeitimes.com 27 Dec, 2016
Taiwan Paiho, which manufactures shoelaces and elastic tape, plans to invest US$50 million to build a new plant in Vietnam, which is scheduled to start operations in the fourth quarter of next year. The plant will be operated by Paiho’s subsidiary, Paiho Shih Holdings Corp, and the plant will produce mainly jacquard warp-knitted fabrics for global customers.
Tesla, Panasonic to Begin Solar Panel Production in New York
bloomberg.com 27 Dec, 2016
Tesla Motors Inc. and Panasonic Corp. has completed work on an agreement to begin manufacturing solar cells and modules at Tesla’s factory in Buffalo, New York. Production will begin this summer, with the factory’s output capacity expanding to 1 GW by 2019. Panasonic will invest more than 30 billion yen on the installation of production equipment.
MPT to invest MMK 210 mln in viable water projects
telecompaper.com 27 Dec, 2016
Myanma Posts and Telecommunications (MPT) has launched a nationwide program of viable water projects to help communities that need a hygienic water supply. MPT plans to invest around MMK 210 million in the Clean and Sustainable Water Program. The program is being delivered in partnership with Network Activities Group (NAG) and Bridge Asia Japan (BAJ). The first locations covered by the project will be the Mandalay, Sagaing and Magway regions. In the coming months MPT’s Clean and Sustainable Water Program will identify further sites around the country, including in Ayeyarwaddy, Mon, Kayin and Bago Regions, for tube wells and ponds, in close collaboration with locals and the required authorities.
Southern Power acquires two wind facilities in Texas
dailyenergyinsider.com 27 Dec, 2016
Southern Company subsidiary Southern Power has acquired two wind facilities in Texas, expanding the company’s wind power capabilities to more than 1,000 MW and wholesale renewable portfolio to more than 3,000 MW. With the addition of the 174 MW Salt Folk Wind Facility and the 126 MW Tyler Bluff Wind Facility, Southern Power expanded its capacity to 35 solar, wind and biomass facilities under construction or in operation.
Louisiana Attracts $8.5B Natural Gas Facility
cpexecutive.com 27 Dec, 2016
Venture Global will erect an $8.5 billion, Plaquemines LNG on a 632-acre parcel stretching 7,000 feet along the Mississippi River. The project, which will have the capacity to export 20 million metric tons annually, marks Venture Global’s second natural gas liquefaction and export development in the Pelican State. Construction of Plaquemines LNG is on track to get underway in 2018, with full operations commencing in 2022, two years after the Calcasieu Pass development becomes fully operational.
KFC launches first artificial intelligence outlet in Beijing
indiaretailing.com 26 Dec, 2016
Kentucky Fried Chicken (KFC) has launched its first artificial intelligence-enabled store in Beijing and plans to further expand its layout of smart restaurants, creating more innovative and interesting dining experiences for customers.
Niger earmarks N1.273bn for road projects
dailytrust.com.ng 26 Dec, 2016
Niger state government has earmarked N1.273 billion in the budget proposal submitted to the state House of Assembly for the completion of on-going road projects. The projects include Gulu-Edati, Wuse-Garam-FCT roads as well as the consultancy on the dualisation of Minna-Bida road expected to be constructed with the support of Islamic Development Bank (IDB). Part of the appropriation will also be used to construct and rehabilitate township roads in Minna, Agaie, Bida, Lapai and Suleja in addition to the maintenance of Dokodza-Dzukogi road in Bida as well as Kagara-Madaka.
MPIC set to sign Malaysian tollway project deal
philstar.com 26 Dec, 2016
Metro Pacific Investments Corp. (MPIC) expects to sign a definitive agreement with a listed Malaysian firm by next month for a tollway project in Kuala Lumpur. The tollway project in Kuala Lumpur covers around 50-kilometers (km). MPIC is checking out opportunities in the tollway sector in Malaysia and Indonesia as it looks to expand operations in Southeast Asia. Currently, MPIC is involved in the tollways business in other Southeast Asian countries such as Thailand and Vietnam.
KWSB to set up own power plant
tribune.com.pk 25 Dec, 2016
The Karachi Water and Sewerage Board (KWSB) plans to soon start producing its own electricity by setting up its own power production plant. The establishment of KWSB’s power plant will make it self-sufficient in producing and meeting its electricity requirements. On the other hand, it will also be able to provide electricity to the city’s power utility company, K-Electric, as well.
Work Starts On First China-Russia Highway Bridge
rferl.org 25 Dec, 2016
The construction of the first China-Russia highway bridge across the Amur River has began on 24th December, 2016. The plans call for 20-kilometer bridge that stretches from Heihe, a border town in China’s Heilongjiang Province, to the Russian city of Blagoveshchensk. The toll bridge is scheduled for completion in October 2019.
Claremore’s water treatment facility on track for completion in 2017
claremoreprogress.com 25 Dec, 2016
Michael Graves of Garver Engineering presented an update to the Claremore City Council on the water treatment facility construction project on 26th December, 2016. The project is on target, on budget and expected to be completed in late August or early September of 2017. Phase I of construction dealt largely with capacity. While the former treatment facility produced 4.1 million gallons of water per day, the new facility will produce twice as much, at 8.3 million gallons per day.
Kroger Marketplace plans updated
blufftontoday.com 25 Dec, 2016
Plans for a Kroger Marketplace store announced in 2015 have been slightly updated in a proposal sent to Bluffton’s Development Review Committee. The store will be located at Buckwalter Place and the changes include updating the fuel center layout, adding curb and a landscape area adjacent to the pharmacy canopy. The new 113,000-square-foot Marketplace will have upscale service departments, a drive-through pharmacy, fuel center, Starbucks Coffee, Chef on the Run, apparel department and more that will cater to the customers’ diverse needs. The new store is tentatively scheduled to open in the fall 2017.
Three new hotels to open in Oman next year
timesofoman.com 25 Dec, 2016
Three new hotels will open in Muscat next year. The three-star Al Irfan International Hotel is expected to open in the first quarter of 2017. Located in Bausher, it will have 152 guest rooms. In greater Muttrah, another three-star hotel, the Muttrah Corniche with 120 rooms, is set to open by the middle of next year. A third hotel, Sundus Rotana, is expected to begin hosting guests in the third quarter of 2017. The four-star hotel will have 215 rooms and is located at the Airport Heights.
4 Brand New Hotels to Open in Downtown Zagreb
croatiaweek.com 25 Dec, 2016
Four new hotels will open in the heart of the Croatian capital in the next two years. The four-star, 51-room Hotel Academia is already reportedly full over the New Year period. Currently being built on Zagreb’s main street Ilica (45) is another new hotel, with another brand new 45-room hotel set to open by the end of next year near the intersection with Frankopanska street and Ilica. The fourth new hotel will be located on Maksimir street, near Maksimir Park and Maksimir stadium. That hotel, which will see an investment of around 6 million euros, will open in March or April 2017
Canton village approves subdivision for 82-room hotel development
northcountrynow.com 25 Dec, 2016
The village board has approved the subdivision of the University Plaza property to allow for development of a new three-story, 13,000 square-foot, 82-room hotel on East Main Street. Muraco is the owner of development company New Venture Assets and of Empire Management Co., which holds the deed to University Plaza and the surrounding land. The project has nearly all the approvals it needs to begin construction.
Full steam ahead for Kano’s $1.85m light rail project
dailytrust.com.ng 24 Dec, 2016
The plan by the Kano State government to construct 73km light rail within the state metropolis is a step in the right direction, as the project will boost economic activities and reduce traffic in the metropolis. The $1.85 million project which is designed to crisscross the state metropolis from four directions; Dawanau-Bata, Jogana-Bata, Kwanar Dawaki-Bata and Janguza-Bata areas, is to be handled by a Chinese firm, Chinese Railway Construction Group C18. The project is expected to take off in the first quarter of 2017 and completed within two years. Around 85 per cent of the contract sum will be sourced as foreign loan from the Chinese Development Bank (CDB), while the balance of 15 percent will be sourced locally.
PPL invests Rs25 billion to increase gas production in Sindh
tribune.com.pk 24 Dec, 2016
Pakistan Petroleum (PPL) has so far invested Rs. 25 billion to set up three gas processing facilities at Gambat, Sindh. The facilities will help increase gas production and address the issue of gas crisis in the country. Three renowned private firms are engaged in setting up more terminals to increase import of RLNG. The next terminal will become operational at the outset of the next year. PPL has planned to install GPF-III with a processing capacity of 60 mmcfd to tap additional reserves from the block and it is expected to be completed by the close of 2017. Working on full capacity, GPF-II is currently producing 35 mmcfd pipeline quality sales gas, nearly 680 bpd condensate and 12 mtd LPG, which translates to more than 2.3 mmboe (million barrels of oil equivalent) annually.
CP Land assigns B2.2bn for hotels
bangkokpost.com 24 Dec, 2016
Fortune Rajpruek Hotel, a 10-storey building with 159 rooms, is in Nakhon Ratchasima province. CP Land Plc, the property arm of Charoen Pokphand Group, plans to launch nine new hotels in the provinces in 2017-18 with an investment of 2.2 billion baht and five condo projects worth combined 2 billion baht next year. The company will expand the hotel business according to consumer demand.
High-speed rail project gets private sector boost
shanghaidaily.com 24 Dec, 2016
China’s first public-private partnership-funded high-speed railway project started construction in the eastern province of Zhejiang on 23rd December, 2016. The 269-kilometer Hangzhou-Taizhou Intercity Passenger Line has a total investment of 44.9 billion yuan, with private capital contributing 51 percent of the investment. Private investors including Fosun Group, Zhejiang Geely Holding Group and Wanfeng Auto Holding Group will have a 30-year franchise period, with four years for construction and 26 years for operation. Local governments will offer subsidies to ensure the project’s smooth operation, and take ownership of the project after the franchise expires.
CDWP okays three CPEC projects
Thenews.com.pk 24 Dec, 2016
The $51.5 billion China-Pakistan Economic Corridor (CPEC) is gaining momentum as the Central Development Working Party (CDWP) on 23rd December, 2016 approved three significant projects of worth Rs. 108 billion related to the areas situated around the CPEC alignment to enhance mobility and to ensure socio-economic development. Overall, the CDWP approved 14 projects of worth Rs. 139.5 billion, including five projects costing Rs. 131 billion, which are referred to the executive committee of the National Economic Council (Ecnec).
Engro Polymer to pour $9 million into capacity expansion
tribune.com.pk 24 Dec, 2016
Engro Polymer & Chemicals will inject $9 million into expanding its plant capacity. The new investment will increase the annual production capacity to 195,000 tons, up 14.7% from its current capacity of 170,000 tons. The project is expected to be completed by December 2017.
Nepra grants licence to another coal-fired power plant
dailytimes.com.pk 22 Dec, 2016
The National Electric Power Regulatory Authority (Nepra) has granted licence to a cement producer to set up power plant with a cumulative capacity of 40 megawatts. The authority granted a licence to the Kohinoor Maple Leaf Group’s subsidiary Maple Leaf Power (MLPL) for imported coal based generation facility located near Daud Khel in Mianwali district. MLPL has carried out an initial environment examination study and has also provided a copy of the No Objection Certificate (NOC) issued by the Environmental Protection Agency, Government of Punjab.
Inchcape eyes expansion after £234m Latin America deal
ft.com 22 Dec, 2016
Inchcape, a car distributor is planning further international acquisitions after spending £234m to expand its South American business, predicting a return to growth in Latin motor markets. The company had bought Empresas Indumotora, a distribution group that handles Japanese brands Subaru and Hino in Chile, Peru, Colombia and Argentina. The company may spend up to a further £400m on more acquisitions to broaden its business.
Expansion at Keystone Brand Meats to create new jobs
limaohio.com 22 Dec, 2016
A physical expansion of Keystone Brand Meats’s Lima facility, located at 3585 Harding Highway, will create additional space for its warehouse and packaging lines. The building expansion will focus on Keystone’s cannery and soup-based operation. The expansion will also allow the company to offer a greater variety of items and to make its products available in more stores. The building expansion will begin in spring and the entire project will be completed by the end of 2017.
Ajman plans to invest $163.3m to improve sewerage system
arabianbusiness.com 24 Dec, 2016
Ajman has announced plans to invest AED600 million to improve the emirate’s sewerage system. Ajman Sewerage by 2020 the size of the sewerage network is expected to double as a result of the investment. More than 600km of pipelines and 30 pumping stations will be added, allowing 100,000 additional citizens to benefit from the modern sewerage infrastructure.
330MW power plant to be built in Khulna
thedailystar.net 23 Dec, 2016
The government will set up a new power plant in Khulna, which will mostly be financed by China, to generate 330 MW of power in an effort to supply more electricity to the people of the southern parts of the country. The duel-fuel combined-cycle power plant will be set up on the bank of Bhairab river at Khalishpur in Khulna, and will be completed by 2019 at a cost of Tk 3,254 crore. Of the amount, China will finance Tk 2,014 crore in the project, while the remaining Tk 1,240 crore will come from the state coffer.
Michigan PSC clears DTE’s plans for 161-MW wind farm
renewables.seenews.com 23 Dec, 2016
The Michigan Public Service Commission (MPSC) approved on 20th December, 2016 a deal between local utility DTE Energy Co and the developer of the 161.3-MW Pine River wind project. DTE Energy has agreed to acquire the particular wind park once it is built at sites in Pine River Township, Gratiot County, and Coe Township in Isabella County. Pine River Wind Engineering LLC will design, engineer, construct, install, start-up and test the facility before handing it over to DTE Energy. The plans for the wind park envisage erecting 65 wind turbines at the project site. The plant is expected to be completed on or before 31st December, 2018.
New $50 million cheese production facility coming to York
13wham.com 23 Dec, 2016
A new cheese production facility is coming to York, Livingston County next year. The $50 million WNY Cheese Enterprise, LLC facility will be built in 2017. The new 30,000-square-foot facility is projected to produce approximately 15 million pounds of cheese annually, which will be transported and packaged for retail sale. The $49.7 million production facility will be part of an innovative collaboration between Craig’s Station Ventures, Denmark-based Arla Foods, and Dairy Farmers of America, a national, farmer-owned, dairy cooperative. Empire State Development will provide the $1.3 million Upstate Revitalization Initiative Capital Grant, as well as $700,000 in performance-based Excelsior Jobs Program tax credits linked to those 30 new jobs. Livingston County also received a $506,000 Community Development Block Grant from New York State Homes and Community Renewal. Construction of the new facility is already underway.
Zoneco, Sojitz build second tuna, salmon processing plant in Dalian
undercurrentnews.com 23 Dec, 2016
Dalian Global Food, a joint venture of Zoneco Group (known as Zhangzidao Group locally) and Sojitz Corporation, has hosted a ground breaking ceremony for a new tuna and salmon processing plant in Dalian, north China. The new 2,400-metric-ton capacity plant is being built in Dayao Bay, the free trade area (bonded port) of Dalian. The plant, which also has refrigerating capacity of 2,000t, will be the second plant in the area by the joint venture.
NYS to provide $2 million for cheese processing facility in Livingston County
wxxinews.org 23 Dec, 2016
Governor has announced state funding for a cheese processing facility to be built in Livingston County, US. The state is contributing $2 million toward the nearly $50 million facility which will be built in the Town of York. The facility is collaboration between Craig’s Station Ventures, Denmark-based Arla Foods and Dairy Farmers of America which is a national, farmer-owned dairy cooperative. It is expected to produce about 15 million pounds of cheese annually. Construction of the facility is underway and is expected to be completed by the end of 2017.
Ukraine confirms plan to build fuel assembly plant for nuclear power plants
kyivpost.com 22 Dec, 2016
Ukraine within the framework of policy to transfer the energy sector to its own raw materials and avoid dependence on its supplies from Russia will build a plant for production of solid fuel assemblies. There are three companies which are ready to take part in the tender.
NDB grants USD 72 million loan to China for solar project
indianexpress.com 22 Dec, 2016
The New Development Bank (NDB) has provided USD 72 million loan for a solar project in China, the bank’s first loan agreement with the communist giant. The project will be implemented by Shanghai Lingang Hongbo New Energy Development Co Ltd. Under the framework of the Project, a solar photovoltaic power plant with total capacity of 100 MW will be built in Lingang Industrial Area, China.
New boutique hotel planned for downtown Louisville
insiderlouisville.com 22 Dec, 2016
The new developments keep coming in downtown Louisville. Global X is buying the Landmark Building, which stretches from 300-310 W. Liberty St. The company connects investors and developers with properties and redevelopment projects. The company is planned to transform the more than 150-year-old Landmark Building into a 120 plus-room boutique hotel. The 52,764-square-foot property now serves as downtown office space.
Metro Storage to Build New Self-Storage Facility in Wood Ridge, NJ
insideselfstorage.com 22 Dec, 2016
Metro Storage LLC has purchased a former manufacturing facility in Wood Ridge, New Jersey, plans to demolish to make way for a new Metro Self Storage facility. Slated to open in late 2017, the development will be the company’s 13th in its joint venture with Fremont Realty Capital. Once built, the facility will comprise 85,000 rentable square feet of storage space in 883 climate-controlled units. Property features will include covered loading/unloading areas, elevators, state-of-the-art security components, and a modern retail office.
SK Hynix to build new NAND flash chip plant in Cheongju
pulsenews.co.kr 22 Dec, 2016
SK Hynix Inc. will construct a new chip plant in Cheongju, Chungbuk Province in Korea with investment of 2.2 trillion won in order to meet escalating demand for Non-Volatile Storage (NAND) flash. The new fab will sit on 234,000 square meters in Cheongju Technopolis site. The company will start designing the plant next month and begin building the shell and the cleanroom in August 2017 with a goal of completion by June 2019. Equipment installation within the plant will be decided later, taking account of market conditions and the firm’s migration plans.
McNairy plant expanding, to add 140 jobs in next 5 years
heraldcourier.com 22 Dec, 2016
A West Tennessee plant has announced an expansion that will more than double its workforce during the next five years. This week the company will expand in McNairy County, creating approximately 140 jobs in Adamsville. The expansion includes adding 10,000 square feet of warehouse space to its 100,000-square-foot facility. The company specializes in millwork, stainless steel, stone and refrigeration products used by the food industry.
Bridgestone to Build New Aircraft Tire Solutions Bases in Thailand
einnews.com 22 Dec, 2016
Bridgestone Corporation plans to construct two new manufacturing plants in Thailand. One plant will produce new aircraft tires, while the second plant will produce retread aircraft tires.*1 The total investment will be approximately JPY15.0 billion and both new plants are scheduled to start production in December 2019.
UAE To Construct Oil Refinery In KPK
radio.gov.pk 22 Dec, 2016
A United Arab Emirates (UAE) based company has agreed to invest five hundred million dollar in the construction of oil refinery in southern areas of Khyber Pakhtunkhwa (KPK). The oil refinery will be constructed at a cost of $500mn. An MoU has already been signed with the company.
Ford invests $60 million to develop new office space
auto.economictimes.indiatimes.com 22 Dec, 2016
Ford is investing $60 million to develop a new office and retail space in West Dearborn, called Wagner Place, expanding the company’s footprint as part of its Dearborn campus transformation. The project transforms two blocks of largely vacant buildings into a unique urban development featuring outdoor green space, first-floor retail stores and top-level offices for up to 600 Ford employees. Wagner Place is scheduled to be completed in mid-2018.
BioAmber and CJ CheilJedang to set up bio-succinic acid plant in China
business-standard.com 22 Dec, 2016
BioAmber Inc and South Korean-based CJ CheilJedang Corporation (CJCC) have agreed to form a joint venture in China to produce up to 36,000 metric tonnes of bio-succinic acid annually and commercialise the output in Asia. CJCJ will incur all capital costs required to retrofit its fermentation facility, including the capital needed during plant commissioning and startup, and production will begin in Q1 2018. The proposed joint venture is subject to certain conditions, including technical and commercial due diligence, with the definitive agreements expected to be signed by July 2017. CJCJ will control 65 percent stake in the JV, while BioAmber win own 35 percent.
AltaGas gas plant project gets expansion approval from B.C. commission
globalnews.ca 22 Dec, 2016
The British Columbia Oil and Gas Commission has given its approval for AltaGas to expand and retrofit its Townsend natural gas processing facility in the province’s northeast. It will initially cost between $85 million and $95 million to build a second gas processing plant beside one that’s operating at the site. In addition, AltaGas estimates it will cost an additional $35 million to $45 million to add compression equipment required to move raw gas from the Blair Creek area to Townsend. The company expects to fully contract Townsend Phase 2 to process gas from Painted Pony Petroleum under a 20-year agreement.
Cardinal Maritime To Expand Warehousing Capacity
insidermedia.com 22 Dec, 2016
Cardinal Maritime hopes to start construction of a 40,000 sq. ft of warehouse and office building in March. The 40,000 sq. ft existing property on Harling Road is a grade II-listed building, which is designed and completed in 1942 to garage 100 Greater Manchester Buses. The additional space will be used by the business as a storage for its Cardinal Plus ‘3PL’ clients, which range from importers of toys, clothes and furniture. Construction work is expected to start in March, subject to planning, with completion scheduled for January 2018. HBL Associates has designed the new facility.
Schuyler County gets $1M for Project Seneca
stargazette.com 22 Dec, 2016
A state grant topping $1 million will help Schuyler County implement an ambitious 10-year improvement plan in two villages at the southern end of Seneca Lake. The $1,091,500 grant from the Department of State’s Local Waterfront Revitalization Program, announced earlier this month in the regional economic development council awards, will go toward the Project Seneca regional strategic plan, which includes Watkins Glen and Montour Falls. Part of the grant will be used for a retail study that will examine the assets and needs of downtowns in Watkins Glen and Montour Falls.
Three bids submitted to build new Groves hospital
guelphtoday.com 21 Dec, 2016
Three bids have been submitted to Infrastructure Ontario to design, build, and finance the new Groves Memorial Community Hospital in the Township of Centre Wellington. GMCH Partnership, EllisDon Infrastructure Healthcare, and PCL Constructors Canada, had all been shortlisted to respond to the Request for Proposals (RFP). The RFP has been issued in June 2016. All three companies submitted bids to Infrastructure Ontario before the RFP deadline. Now that all the bids have been received, Infrastructure Ontario and Groves Memorial Community Hospital will evaluate each of the proposals, select a preferred bidder, and negotiate a final contract. The winning bid is expected to be announced in the summer of 2017. The new hospital is expected to be completed in 2019.
Volkswagen to set up plant in Rwanda
newtimes.co.rw 21 Dec, 2016
Volkswagen (VW) and the Government of Rwanda are set to sign an agreement on 21st December, 2016 that will see the former set up an assembly plant in Rwanda to start making environment-friendly cars. The agreement will enable Volkswagen South Africa to start assembling in Rwanda cars that are easy to maintain and that are low on fuel consumption and gas emission.
Ground Breaking for New ExpressRail Port Jersey Facility
globaltrademag.com 21 Dec, 2016
GCT USA and the Port Authority of New York and New Jersey broke ground earlier this week for the ExpressRail Port Jersey facility, also known as the Greenville Yard. Designed to complement the terminal’s big ship handling capabilities and quick transaction time, the intermodal yard will have an annual capacity of 250,000 container lifts, or 430,000 TEUs. The facility, scheduled for completion in mid-2018 will connect the Port of New York and New Jersey’s GCT Bayonne terminal to CSX and Norfolk Southern’s extensive rail network, reaching key inland markets.
Datacenter.com is building 10MW facility in Amsterdam
datacenterdynamics.com 21 Dec, 2016
Mysterious outfit called Datacenter.com has broken ground on a 10 MW data center in Amsterdam. The first phase of the project, codenamed AMS01, is expected to open in early 2017. Datacenter.com is building a 10,900 square meter facility that will offer 5,000 square meters of white space, as well as office space and machine rooms.
Serneke to Build Waste Water Treatment Plant in Strömstad
prnewswire.co.uk 21 Dec, 2016
Serneke Civil Engineering has been commissioned by the Municipality of Strömstad to build a new waste water treatment plant. The project is valued at approximately SEK 80 million. The Österröd waste water treatment plant project comprises about 11 different processing facilities and includes remodeling, extension and new construction. Construction will begin in the spring of 2017, with completion scheduled for the spring of 2019.
LeRoy Meats will expand in Fox Lake
wiscnews.com 21 Dec, 2016
LeRoy Meats will add partners and employees with a new facility in Fox Lake as the business prepares to grow and possibly expand sales of products outside the state of Wisconsin. Construction of the new 11,000-square-foot facility will begin in the spring with the plan to open in fall 2017.
IFC provides $165 million financing package to help meet Bangladesh’s energy needs
ET 21 Dec, 2016
IFC will provide $165 million in debt financing to Sembcorp Utilities, a wholly-owned subsidiary of the Singapore-based Sembcorp Industries, to significantly expand power generation capacity in Bangladesh. The financing will be provided through a combination of a $103-million loan from IFC’s own account and an additional $62 million mobilized through partners. The financing will help Sembcorp set up a greenfield 414 MW dual-fuel combined-cycle power plant at Sirajganj in Bangladesh. The total project cost is estimated at around $412 million. In addition to IFC’s financing, the U.K. government’s development-finance institution, CDC Group, and the Singapore-based infrastructure project-financing firm, Clifford Capital, will each contribute $103 million in debt.
Next summer, ME by Meliá will bring the luxury lifestyle brand to the Catalan coast for the first time
incentivetravel.co.uk 20 Dec, 2016
Meliá Hotels International has announced the addition of a new hotel to the portfolio of exclusive resorts operated under the ME by Meliá brand. Located on the beach in Sitges and occupying the old Hotel Terramar, the new ME Sitges Terramar will be the first hotel of its kind on the Catalan coast. The Meliá Hotels International group will manage the hotel owned by HI Partners. Following a full renovation, the hotel will open in the second quarter of 2017. ME Sitges Terramar will offer 213 rooms, two restaurants and signature bars and it will also feature a spectacular Beach Club. The brand will continue to expand with openings in key markets including ME Dubai, which has been designed by Zaha Hadid architects and is set to launch in early 2018.
Japan to assist $141.41m for Nagdhunga-Naubise tunnel road project
thehimalayantimes.com 20 Dec, 2016
The government of Japan will provide loan assistance worth $141.41 million to Nepal to construct the Nagdhunga to Naubise 2.35-km tunnel road project. The loan is being granted at 0.001 per cent interest rate with a payback period of 40 years and has a possible grace period of additional 10 years. The estimated project cost is around approximately $188.19 million. DPR is expected to be completed within one-and-a-half years and the construction within three-and-a-half years. The contractor of the project will be selected under the principle of International Competitive Bidding (ICB). The tunnel road project will be executed by the Ministry of Physical Infrastructure and Transport and implemented by the Department of Roads (DoR) and Roads Board Nepal will operate the road, which will also fix the toll for the vehicles.
ARLANXEO Establishes Rubber Technology Centre in Changzhou National Hi-Tech District
prnewswire.com 20 Dec, 2016
Arlanxeo, a synthetic rubber provider, opened its Rubber Technology Centre in Changzhou National Hi-Tech District (CND) on 15th December, 2016. The newly established rubber technology centre contains five labs, each with advanced facilities. The centre will bring together Arlanxeo’s testing, mixing and production capabilities under one roof, positioning itself as an end-to-end technology platform leading the industry.
Jernigan Capital Opens New CubeSmart Self-Storage Facility in North Haven, Contact:
insideselfstorage.com 20 Dec, 2016
Jernigan Capital Inc., a merchant bank and advisory firm serving the self-storage industry, has developed a new storage facility in North Haven, Connecticut, which opened on 17th December, 2016. The company holds a $6.9 million investment in the property and owns 49.9 percent interest. The multi-story facility comprises 649 units ranging from 25 to 300 square feet. The asset will be managed by self-storage Real Estate Investment Trust (REIT) CubeSmart and branded under its name. The REIT operates a handful of other storage facilities in the vicinity.
ADB approves USD$5m to expand Vava’u and ‘Eua power grids
matangitonga.to 20 Dec, 2016
A renewable energy project to upgrade existing power distribution grid in Vava’u and ‘Eua, to be completed by the end 2019, will get an additional USD$5 million from the Asian Development Bank (ADB). It is the second round of additional financing agreed for the project. Tonga Power, the implementing agency of the grid rehabilitation, is also contributing USD$600,000 to the grid expansion project.
Dewa to build GCC’s first hydro-electric power plant
tradearabia.com 20 Dec, 2016
Dubai Electricity and Water Authority (Dewa) has revealed its Hatta development projects, including the first hydroelectric power station in the GCC, which will be completed within five years and produce 250 MW. Other initiatives of the Hatta Comprehensive Development Plan, which involve the installation of photovoltaic panels on rooftops to produce electricity from solar power, and smart metres in buildings, will be completed by the end of 2018. Dewa will also install electric vehicle charging stations in Hatta.
Ciel & Terre Complete Floating Solar Plant in Japan
solarnovus.com 20 Dec, 2016
Ciel & Terre has completed its floating solar power plant in Isawa, Japan. The opening ceremony has been held earlier this month. Collaboration with both the public and private sector has led to the successful implementation of the Isawa power plant. The company will be expanding to 130 MWp of floating solar by 2017.
Tokyo Cement inaugurates 1mn ton plant in Trinco
dailymirror.lk 20 Dec, 2016
Tokyo Cement Company (Lanka) PLC commenced the initial testing of a cutting-edge cement manufacturing plant in Trincomalee at a soft opening ceremony held recently. The fully-automated, hi-tech plant is the company’s fourth mill and is slated to nearly double its production capacity when it begins commercial operations in February 2017. The cement grinding mill and bulk cement manufacturing facility once in full operation will add one million metric tons (MTs) per annum to the existing capacity of Tokyo Cement, bringing the total to 2.8 million MTs per annum.
Lay Hong to set up plant in Kapar, expand food range
thestar.com.my 20 Dec, 2016
Lay Hong Bhd, an integrated poultry company plans to set up a plant in Kapar, Selangor as it seeks to expand its range of food items produced by its subsidiary NHF Manufacturing (Malaysia) Sdn Bhd (NHFM). The company hoped to have the plant operating by 2018 as it targets the export markets of Singapore, Japan and the Middle East for its halal products
Masters Gallery Foods to build $30 million facility in Oostburg
mysheboygan.com 20 Dec, 2016
Masters Gallery Foods plans to build a new packaging and distribution facility in Oostburg. The new facility will be built on a nearly 40-acre parcel of land recently acquired by the Village which will be annexed into the adjacent Business Park. While the design is still being finalized, phase one of construction is expected to be roughly 150,000 square feet. The master site plan will accommodate two additional expansions for a total footprint of approximately 350,000 square feet. Groundwork and site preparation for phase one is expected to begin next spring, with occupancy by early 2018.
Parker Products breaks ground on new facility
foodbusinessnews.net 20 Dec, 2016
Parker Products, a food ingredient and flavor systems company has broken ground on a new 90,000-square-foot facility at 3001 Strawn Drive. The new facility is a collaboration among Emergent Technologies, Elements of Architecture, the City of Fort Worth, the HWH Group and Todd Hubbard with NAI Real Estate and it is expected to be completed by early 2018.
Tyson Announces $13.5M Kentucky Chicken Plant Expansion
powderbulksolids.com 20 Dec, 2016
Tyson Foods Inc. plans to initiate a $13.5 million expansion of a chicken processing plant in Robards, Kentucky. The plant’s thigh-deboning capacity will double with the expansion, a freezer on the production line is slated for replacement, and 24 trimming stations will be added.
Great Ormond Street Hospital to Build New Research Facility
hospimedica.com 20 Dec, 2016
Great Ormond Street Hospital for Children (GOSH; London, United Kingdom) and University College London (UCL; United Kingdom) are constructing a new, state-of-the-art research center. The six-story building will have a total floor space of more than 13,000m², with equipment rooms and workspaces to develop diagnostic procedures, manufacture gene and cell therapies, and to create personalized medical devices. Two large laboratories will be located on the lower ground floor. Construction is scheduled to begin in January 2017 and is expected to be completed by 2018.
In search of a future, HHI will set up an R&D center
hellenicshippingnews.com 19 Dec, 2016
Hyundai Heavy Industries aims to establish a joint R&D center that will gradually shift the company from manufacturing to technology. The company has signed an MoU with Seongnam city in Gyeonggi to build the center. The company’s technological hub will work on basic research for product advancement and also find new sources of profit by patenting technologies related to shipbuilding such as enhanced ship navigation systems or eco-friendly shipbuilding systems.
Duet to build gas storage facility in WA
news.com.au 19 Dec, 2016
Duet Group is building a gas storage facility at unit DDG’s depleted Tubridgi onshore gas reservoir in Western Australia. The construction of the storage facility will cost $69 million, and is expected to be operational by June 2017.
Crown, Khmer Brewery open factory in Cambodia
asiafoodjournal.com 19 Dec, 2016
Crown Asia Pacific and Khmer Brewery jointly opens a beverage can production plant in Phnom Penh, Cambodia. The plant, known as Crown Khmer Brewery Cans, started commercial production during the second quarter of 2016 and operates one line for 330 ml aluminum cans. This new plant is Crown’s third beverage can plant in Cambodia and the second in Phnom Penh.
Ethiopia completes 1.5 billion euro power plant
africa.tvcnews.tv 19 Dec, 2016
Ethiopia has inaugurated a 1.5-billion-euro hydropower plant along the Omo River in the country’s south that will nearly double total electricity output to 4,238 MW. With a capacity of 1,870 MW, Gilgel Gibe 3-built by Italian construction firm Salini Impregilo SpA is expected to boost the Horn of Africa country’s nascent manufacturing sector as well as electricity exports to neighbouring nations.
Tata Coffee to set up Rs 350-cr new facility in Vietnam
BS 19 Dec, 2016
Tata Coffee’s board has approved the setting up of 5,000 TPA greenfield instant coffee facility in Vietnam at a cost of about Rs. 350 crore. This will be done through a subsidiary of the company to be incorporated.
New Beverage Company Sets Up In Angola
esmmagazine.com 19 Dec, 2016
SODIBA, a new beverage company worth €141 million, has set up in Angola. The complex extends over 40 hectares and will have a production capacity of 144 million litres of beer per year, extending up to 200 million litres. The factory is almost completed and will consist of two filling lines, one with a capacity of 50,000 bottles per hour and another line for filling cans of the same capacity. From January 2017, the new company will start with the production and distribution of Portuguese beer Sagres.
Tangoe Expands Logistics Facility to Serve the Expanding Managed Mobility Services Market
businesswire.com 19 Dec, 2016
Tangoe, Inc., provider of IT, Managed Mobility Services (MMS) and Telecom Expense Management (TEM) software and related services, on 19th December, 2016 announced a five-fold expansion of its logistics center in Austin, Texas to serve the increasing demand for mobility solutions. The facility enables Tangoe to increase its logistics transactions from 10,000 to 50,000 per month, providing clients with scale and a faster time to market when deploying and repairing mobile devices such as smartphones, tablets, laptops, IoT devices and other IT assets.
MiTek Opens Atlanta Warehouse and Distribution Facility
lbmjournal.com 19 Dec, 2016
MiTek has opened a new warehouse and distribution facility in Atlanta. The new facility enables distribution of MiTek building products to customers within a 500-mile radius and it offers products that include USP Structural Connectors, USP Epoxy and fastener products, as well as MiTek truss connector plates. The new warehouse offers 45,600 square feet of space, of which 3,500 square feet will be dedicated to offices, training, and customer support.
Chabad of Aventura Breaks Ground on New Facility
lubavitch.com 19 Dec, 2016
Aventura’s Jewish community has broken ground on its new 44,000-square-foot, $12 million building. The four-story structure will entail modern facilities, including a commercial kitchen and ballroom that seats up to 600 guests, a library, daily chapel, administrative offices, conference and multipurpose rooms, classrooms, and a large rooftop garden. A separate building on an adjacent property will house a beautiful 5,000-square-foot preschool. Construction is expected to be completed by spring of 2018.
MobME eyes overseas expansion
HBL 18 Dec, 2016
MobME Wireless plans to ramp up its operations through a string of expansion initiatives to cater to the needs of customers in the South Asia, West Asia, Africa and the US. The company, which initially focused on providing mobility and related solutions to telecom operators, has expanded its range of technology to cater to needs of clients in e-commerce, airlines, BFSI and retail sectors, through its core verticals.
Chinese group DaChan Food to set up two food plants
just-food.com 18 Dec, 2016
DaChan Food (Asia) is to set up two plants in the north of China to support its processed food business. The new sites will be in and around Bengbu, a city in the northern Chinese province of Anhui. One of the new facilities will be set up through a wholly-owned subsidiary, Bengbu DaChan Food Co., with an investment of CNY200m. The other site will be established through Bengbu Taixu & DaChan, in which DaChan Food owns a stake. DaChan Food will put CNY80m into the project.
Sinobangla to invest Tk 160m for expansion
thefinancialexpress-bd.com 18 Dec, 2016
Sinobangla Industries will expand the factory with an estimated cost of Tk 160 million. The company’s board has decided to purchase some additional land adjacent to factory premises and some capital machinery (1 Tape Line, 20 Looms, 1 Bale Press machine, 1 Auto Cutting Sewing machine, 1 Printing machine and 8 Sonic Sewing machines) and construct an additional warehouse.
TDRC clinches deal with China to set up traditional hospital
ukzambians.co.uk 17 Dec, 2016
The Tropical Disease Research Centre (TDRC) in conjunction with the Jiangxi University of Traditional Chinese Medicine has signed a MoU to set up a traditional hospital in Zambia. The MoU will benefit the health sector by improving the lives of Zambians as worldwide herbs have been proven to be natural medicines.
Ceat Ltd to invest Rs 2800 crore over next five years
news.webindia123.com 17 Dec, 2016
CEAT has announced the approval of an investment of approximately Rs. 2, 800 crore spread over a period of 5 years leading up to FY22. With this investment, CEAT’s capacity will go up by 1 Mn tyres per annum for truck bus radicals, 17 MN tyres per annum for two-wheelers and 6 Mn tyres per annum for passenger car radials. The investments are proposed to be funded through a blend of debt and equity.
Pak Suzuki to set up $460m car plant
dawn.com 16 Dec, 2016
Pak Suzuki is planning to invest about $460 million to set up a car plant in Pakistan. The new project will be completed within two years and production may commence by the end of 2018.
DXI Energy Provides Woodrush BC Project Update
finance.yahoo.com 16 Dec, 2016
DXI Energy Inc., an upstream oil and gas exploration and production company operating in Colorado’s Piceance Basin and the Peace River Arch region in British Columbia, plans to expand both production and landholdings at the Woodrush project that encompasses 14,444 net acres with 14 wells (3 oil and gas, 10 natural gas and one injector). DXI is the operator and owns 99% of the project that is currently producing 315 BOEPD (30% oil).
Offshore wind tower to be built in Scotland
memuk.org 16 Dec, 2016
CS Wind is to build an offshore tower manufacturing facility, producing 50 towers a year in Campbeltown following a multi-million pound investment from Dong Energy. The facility shall be located adjacent to CS Wind’s current onshore facilities.
TMCLS to spend RM300 million to expand Tropical Medical Centre
english.astroawani.com 16 Dec, 2016
TMC Life Sciences (TMCLS) Bhd plans to expand its flagship hospital, Tropicana Medical Centre at Kota Damansara in Kuala lumpur, into a 600-bed hospital costing RM300 million. The expansion of the current 200-bed hospital, which is expected to begin in the first half of 2017, will also include additional critical care units, operating theatres and specialist centres. The first phase, costing RM1.3 billion, comprises a 500-bed tertiary hospital, specialist medical suites and related health and wellness facilities, while the second phase will include an education centre
Multinational Plans Liverpool Manufacturing Plant
insudermedia.com 16 Dec, 2016
Cemex plans to build a asphalt manufacturing plant on the banks of the River Mersey in north Liverpool. The company has lodged an application with Liverpool City Council for the facility. The new plant will be able to supply 60,000 tonnes of asphalt products to Liverpool’s market within 12 months of it becoming operational.
Shell to invest P650M for bitumen facility
malaya.com.ph 15 Dec, 2016
Pilipinas Shell Petroleum Corp. (PSPC) has decided to proceed with the upgrade of its Tabangao refinery to produce bitumen. The capital investment is estimated at P650 million. The facility is expected to be operational in two to three years. Also, it is eyeing to put up 50 to 70 new company-owned stations next year to add to its existing 966 stations, 40 percent of which will be located in Luzon and 60 percent in Visayas and Mindanao. The Shell group in the global level is scouting for opportunities in the renewable energy (RE) sector.
Swan Energy surges on inking MoU with Petronasr, Alpha Energy
Livemint 15 Dec, 2016
Swan Energy has signed a MoU with Petronasr and Alpha Energy for the development of SephidBaghun gas field, which has approximately 20 tcf reserves, in the Islamic Republic of Iran by constructing necessary on-shore surface facilities and offshore gas liquefaction facilities (OLNG). The project cost is estimated to be around $615 million. The project will be implemented by a SPV to be registered in Kish Island in the Republic Islamic of Iran. The company will have an option to participate in the equity of the SPV.
Cox & Kings owned MEININIGER to open its first hotel in Russia
HospitalityBizIndia 15 Dec, 2016
Cox & Kings-owned MEININGER Hotels signed a management contract with VIY Management for a hotel in Saint Petersburg. The hotel will be situated in an old market hall located on 62 Sadovaya Street in the Admiralteysky district. The hotel will have 158 rooms and 548 beds and is scheduled to open in the second quarter of 2018. The hotel has a gross floor area of 7,300 m2 and will be based on the theme St. Pete.
Thai IRPC to invest 10b baht to expand petchem output capacity in 2017
businesstimes.com.sg 15 Dec, 2016
Thailand’s integrated oil refiner IRPC Pcl plans to invest 10 billion baht next year with the aim to expand its production capacity of a petrochemical product and boost its long-term earnings growth. IRPC will increase its polypropylene production capacity by 63 per cent, or 300,000 tonnes, to 775,000 tonnes by the middle of next year.
Orocobre to decide on $190m expansion in mid-2017
miningweekly.com 15 Dec, 2016
Orocobre is aiming to double lithium carbonate production from its Olaroz project, in Argentina, to 35 000 t/y by late 2018 or early 2019, and plans to announce a final investment decision in mid-2017. The Stage 2 expansion of the Olaroz facility would require a capital spend of some $190-million, and would likely be financed through project finance and operating cashflow from the Stage 1 operation. The process to obtain the necessary permits and approvals had started, and would run concurrently with engineering and design work. It is also investigating the feasibility of a $30-million 10 000 t/y battery grade lithium hydroxide plant, preferred in Japan.
SPIL approves NT$15.5 billion for 2017 capex
digitimes.com 15 Dec, 2016
The board of directors of IC packager Siliconware Precision Industries (SPIL) has approved plans to budget NT$15.5 billion in capex for 2017, which will be utilized for capacity expansion and R&D expenses. SPIL’s board previously approved an upward revision in 2016 capex to NT$17.9 billion from NT$16.7 billion. The additonal capex would be used mainly to expand production capacity for high-end packaging technologies.
Ciplas Netherlands arm to invest up to €16.8 m in Iran venture
PTI 15 Dec, 2016
Cipla Holding BV, a wholly-owned subsidiary of Cipla in the Netherlands, will pump in up to €16.8 million to form a joint venture with its Iranian distributor AhranTejarat Company to undertake manufacturing and marketing of pharmaceutical products in Iran. Issat Company, incorporated in 1998 in Iran and currently owned by the JV partner, is proposed to be used as the joint venture company. The acquisition is expected to be completed by March 2017.
GCC to invest $100bn in airport expansion projects
tradearabia.com 15 Dec, 2016
With Middle East passengers projected to double by 2035, the Gulf Cooperation Council (GCC) is fuelling $100 billion in airport expansion and construction projects in Bahrain, Saudi Arabia, Kuwait, Oman, Qatar, and UAE. The region is projected to witness a robust 5 per cent annual growth, which expects 7.2 billion passengers to travel in 2035, a near doubling of the 3.8 billion air travelers in 2016. The strong growth is expected to fuel further investments toward airport expansion projects.
Recurrent Energy completes 200MW Garland solar facility in California, US
business-review.com 15 Dec, 2016
Canadian Solar’s subsidiary Recurrent Energy has started commercial operations of the 200 MWac/272 MWp Garland Solar Facility in California, US. The Garland facility uses approximately 723,000 Canadian Solar high performance CS6X-P photovoltaic (PV) solar modules mounted on single-axis tracking tables. Signal Energy Constructors provided engineering, procurement and construction services. Electricity and the associated renewable energy credits (RECs) produced will be sold under long-term power purchase agreements to Southern California Edison (SCE).
$100M biogas facility breaks ground in NC in December
wraltechwire.com 15 Dec, 2016
Carbon Cycle Energy (C2e) will break ground on Dec. 15 near Warsaw, NC, a utility-scale biogas facility in the U.S., capable of transforming animal and food waste into enough clean energy. The $100-million facility, located on 82 acres will process in excess of 750,000 tons of organic waste per year. Upon completion in late 2017, the facility, known as C2e Renewables NC will produce enough fuel annually to generate approximately 290,000 MWH. C2e has already signed contracts to supply 100 percent of the plant’s output of biomethane to Duke Energy and a second, unnamed Fortune 500 company.
Ukroboronprom inaugurates new production facility at the Kiev Armoured Plant
janes.com 15 Dec, 2016
Ukrainian state-owned defence industrial holding group Ukroboronprom’s Kiev Armoured Plant subsidiary has completed the development of a new production centre to permit the construction of bodies for BTR-3 armoured personnel carriers (APCs). The BTR-3 was originally designed and produced by the KharkivMorozov Machine-Building Design Bureau, which also sits under Ukroboronprom.
EWI opens advanced manufacturing facility in Colorado
industrial-lasers.com 15 Dec, 2016
Advanced manufacturing technologies developer EWI (Columbus, OH) has officially opened its third applied R&D laboratory, EWI Colorado (Loveland, CO). This facility joins the company’s Columbus headquarters and its Buffalo, NY facility as its newest manufacturing center of excellence. At a November 2016 opening, the company demonstrated its equipment used for advanced nondestructive evaluation that features array eddy current, infrared thermographic imaging, and phased-array ultrasound technologies.
SRG Global breaks ground for paint line at Suzhou facility
just-auto.com 15 Dec, 2016
SRG Global has broken ground for its first paint line in Asia, at the company’s Suzhou facility in Jiangsu province, China. The new paint line for automotive interior and exterior applications will add 5,000-square-metres to the existing 20,000-square-metre Suzhou facility. It will also open a manufacturing facility in Xiaogan, China, expected to begin production during the first half of 2017.
Pet food manufacturer to expand, add 130 jobs in Fort Smith
dailyprogress.com 15 Dec, 2016
Mars Petcare plans expansion of its pet food manufacturing facility in Fort Smith. It will invest $72 million with the potential to grow to $110 million in the plant, which produces dog food and cat food under the Cesar, Nutro and Sheba brand names.
Vermont dairy expanding in Brattleboro
recorder.com 15 Dec, 2016
Ehrmann Commonwealth Dairy is launching a $20 million expansion, that would double the amount of Greek yogurt and other dairy products it makes in its 6-year-old Brattleboro plant. Also, the company would establish Brattleboro as its corporate headquarters, rejecting either Ohio or its second plant in Arizona, as its headquarters. It is being awarded $1 million in economic development funds from the Windham County Economic Development Program, funded by Entergy Nuclear.
Iran to set up renewable energy projects in Kazakhstan
tradearabia.com 14 Dec, 2016
Iran and Kazakhstan have agreed on plans for setting up eight renewable energy projects in southern Kazakhstan. The countries have decided to develop energy plants, including photovoltaic power stations (solar park). The agreement will focus on key areas of customs, banking, agriculture, water management, transportation, communication, petrochemicals, tourism, health, cooperative, science, technology and mines. Kazakhastan is now planning to provide Iran with a list of companies destined for privatisation in a bid to increase economic ties between the countries.
GM plans to invest $552 million in four operations
autonews.com 14 Dec, 2016
General Motors plans to invest a combined $552 million at three operations in New York and one in Ohio. $333.7 million is toward three plants in New York. Tonawanda Engine near Buffalo will get $295.9 million for equipment for future engine production. A component facility in Lockport, N.Y., will get $31.86 million for future cooling components and another component facility in Rochester, N.Y., will get $5.9 million for future powertrain components. The projects are expected to be complete in December 2018. New York’s Empire State Development is providing up to $7 million in capital grants and tax credits.
Mitsubishi, Eneco to co-invest in 370-MW Belgian offshore wind park
renewables.seenews.com 14 Dec, 2016
Mitsubishi’s London-based subsidiary, Diamond Generation Europe, has signed a deal with Dutch energy company Eneco Holding NV that will give it a 25% stake in the 370-MW Norther offshore wind project in the Belgian portion of the North Sea. It has agreed to establish a 50/50 joint venture to invest in the project. The new JV will hold a 50% stake in the scheme, while the rest will be owned by Belgian firm Nethys. The total cost of the project is estimated at JPY 150 billion. The planned wind park will use 44 units of MHI Vestas’ 8.4-MW wind turbines. Construction work is expected to start next month. Commercial operations are scheduled for the summer of 2019.
Germany to invest $265 million in making hydrogen-fuelled cars
ET 14 Dec, 2016
Germany’s Transport Ministry will invest $265 million by 2019 in making hydrogen-fuelled cars suitable for mass production. Some of the money will be used for research and development with the aim of making such cars competitive and some of it will be used to develop infrastructure such as fuelling stations. The German government has agreed on a support programme for fuel-cell cars that would run until 2026.
Aston Martin gets green signal to construct its 2nd plant at Wales
ET 14 Dec, 2016
Aston Martin has received the green light to finalise the sale of the St Athan site to the British luxury carmaker for its new manufacturing facility. With contracts now exchanged, Aston Martin has now commenced work on ‘Phase I’ of the St Athan site which includes the creation of the customer and staff reception areas, administration and management offices and the employee restaurant. ‘Phase II’ will commence in April 2017 when Aston Martin will gain access to the three Ministry of Defence ‘Super Hangars’ that will house the new manufacturing facility.
New Topeka psychiatric facility to provide 24 beds
chron.com 14 Dec, 2016
Freedom Healthcare is working to open the first private hospital in Topeka. Plans call for the Freedom Behavioral Hospital of Topeka to open its door in Topeka within a week. It is housed in a former nursing home facility that underwent a $3.5 million renovation. The facility will add 24 beds for seniors age 50 and up to in-patient mental health care options. The hospital is awaiting final regulatory approval from one agency.
R150m optical fibre manufacturing facility opens in KwaZulu-Natal
engineeringnews.co.za 14 Dec, 2016
A new R150-million optical fibre cable manufacturing and distribution facility of Chinese company Yangtze Optics Africa Cable (YOAC), located within the Dube TradePort special economic zone, in Durban, on 14th December, started operations. The new facility started functional testing of its production lines to ensure that it meets the international standards set by parent company Yangtze Optical Fibre and Cable, before commercial production starts in early 2017. It has an envisaged manufacturing capacity of more than one-million kilometres of optical fibre cable a year.
New liquid bulk storage facility planned for South African port
tankstoragemag.com 14 Dec, 2016
Oiltanking Grindrod Calulo has been selected to part fund, construct, maintain and operate a large liquid storage facility in the Port of Ngqura. The facility will create a new tank farm for the Eastern Cape when the existing lease for storage at the Port Elizabeth harbour ends. Petroleum, diesel, jet fuel, LPG and illuminated paraffin will be transported to the Port via ship and piped to the tank facility prior to being distributed for local and global re-export. The project will be co-funded by Transnet National Port Authority (TNPA) and Oiltanking for almost ZAR6 billion. Construction is due to start in September and will continue until June 2019. It is due to be operational in August 2019.
Eversource starts work on new facility in Franklin
concordmonitor.com 14 Dec, 2016
Construction gets under way on a new Eversource Energy distribution substation called “Daniel” in Franklin. Tree clearing began this month, construction should start in mid-2017 and the project is expected to be completed in its entirety by early 2018. The new, 34.5- kilovolt system will serve about 12,000 customers under normal conditions. The $12.7 million project includes replacing three aging transformers with two new ones, installing a 45,000-square-foot gravel switchyard and putting up overhead wires to connect the Daniel and Webster substations.
Construction to begin on new Benton wastewater facility
thesouthern.com 14 Dec, 2016
The City of Benton will break ground 15th December on a new wastewater treatment facility. More than a decade in the making, the $14 million facility will replace the current treatment plant, which was built in 1939.
Comtrax seeks support for $75M hub facility
weyburnreview.com 14 Dec, 2016
A grassroots venture, Comtrax Logistics Solutions, is seeking to build a $75-million commodities hub on the Soo Line railway. Such a hub could be used for shipping of crude oil to take advantage of the differential in value by using rail to ship oil down into the United States. With the light crude being produced in the Bakken, it could be blended with medium and heavy oils from Alberta at such a facility as this hub, and shipped by rail.
SJM Partners Files Application for 6-Story Self-Storage Facility in NYC’s Upper East Side
insideselfstorage.com 14 Dec, 2016
Real estate developer SJM Partners Inc. has filed plans to build a six-story self-storage facility on the Upper East Side of New York City. If approved, the building on East 92nd Street would be 85 feet tall and comprise 44,432 square feet of floor space, with 35,790 square feet zoned for commercial use. All levels will be entirely dedicated to self-storage except the first floor, which will also include a loading dock, lobby, offices and two parking spaces.
Canatal Steel USA to expand in Botetourt County
virginiabusiness.com 14 Dec, 2016
Canatal Steel USA, a subsidiary of Canada-based Canatal Industries, plans to expand its steel fabrication operations in Botetourt County at an investment of $1.5 million. The Virginia Economic Development Partnership worked with Botetourt County and the Roanoke Regional Partnership to secure the project, and will support Canatal’s new job creation through its Virginia Jobs Investment Program (VJIP).
Floating LNG unit to expand Turkey’s annual gas storage capacity by 5.3B cbm
dailysabah.com 14 Dec, 2016
Expected to contribute more than 5 billion cubic meters (CBM) of natural gas to Turkey’s annual gas supply, the GDF Suez Neptune plant, Turkey’s first Floating liquefied natural gas (LNG) Storage Regasification Unit (FRSU), has started conducting test studies in Izmir’s Aliaga district. The project, conducted by Etki Port Operations Natural Gas Import and Trade Inc has reached its final stage. The 283-meter-long, 43-meter-wide floating unit will have a storage capacity of 5.3B CBM. It will be inaugurated on Dec. 23. Also, a FSRU with an annual capacity of 6 billion CBM is planned to be established in Marmara at a cost between $550-600 million.
Thailand’s CP Foods acquires Cofco Meat Suqian to expand in China
asiafoodjournal.com 13 Dec, 2016
Thailand’s Charoen Pokphand Foods (CPF) has acquired China-based Cofco Meat Suqian at a consideration of US$27.41 million. CPF will also acquire the shareholder’s loans worth US$56 million through its indirect subsidiary Chia Tai (China) Investment (CTCI). CTCI expects to close the deal by this year, after which, Cofco Suqian will become an indirect unit of CPF.
Lee, Najib to attend signing of high speed rail line project in Kuala Lumpur
ibtimes.sg 13 Dec, 2016
Singapore Prime Minister will attend the signing of the Singapore-Kuala Lumpur high speed rail link project in Kuala Lumpur on 13th December. The 350km high-speed rail line will reduce the travel time between Singapore and Kuala Lumpur to around 90 minutes. The cost of the mega project, which will also connect six Malaysian cities with Singapore, is estimated to be US$16 billion. MyHSR is the company executing the project. The bids will be evaluated at the end of 2018. The project is expected to be completed by 2025 and commercial services would start in 2026.
BD To Launch R&D Facility In Limerick
insidermedia.com 13 Dec, 2016
Medical technology business BD is to open a new research and development (R&D) centre in Limerick. The €21m investment includes an extensive renovation of the former UniGolf facility in the National Technology Park. The BD Limerick Centre will initially be focused on product and software development, clinical research instrumentation and prototypes.
Phillips-Medisize to Build Drug Delivery Systems Manufacturing Facility in US
medicalbuyer.co.in 13 Dec, 2016
Phillips-Medisize plans to build a new 80,000 sq. ft manufacturing facility at its Menomonie, Wisconsin campus in the US. The facility will be used to produce high volume prefilled drug delivery systems. The facility is being developed to support Phillips-Medisize’s new supply contract with a biopharmaceutical firm. This facility adds to its manufacturing capacity to produce fully assembled and packaged drug delivery devices.
Sarovar Hotels enters Ethiopia as part of overseas expansion
PTI 13 Dec, 2016
Hotel management firm Sarovar Hotels has entered into Ethiopia as part of its overseas expansion plans. The entry marks Sarovar’s presence in the fifth country in Africa after Tanzania, Kenya, South Sudan and Zambia. The hotel is owned by Meskerem Alemu Kebede. With Sarovar Premiere Addis Ababa, the firm exceeds a total of 1,000 rooms in Africa.
HUESKER completes facility expansion
shelbystar.com 13 Dec, 2016
HUESKER Inc. unveiled its newly-expanded manufacturing facility in Shelby on 13th December. Located at 1901 W. Dixon Blvd., the Shelby facility tripled its square footage to 150,000 square feet. The company has invested around $8.5 million in the development and the purchase of new machinery and equipment. Only minor production was previously completed at the facility, but the location will now serve as the new North American warehouse and will add three new product lines that were previously made outside of the United States. Some of the new machinery has been in operation since September and more is expected to begin operation in the near future.
Ace Distributing Announces Expansion with 126,000 sq. ft. Facility Opening in Pennsylvania
brewbound.com 13 Dec, 2016
Ace Distributing has begun construction on a new 126,000-square-foot distribution facility at 100 Mifflin Drive, Wrightsville, Pennsylvania. This state-of-the-art facility will serve as the centralized point of operations for the company when it opens in spring 2017. Its cold storage facility will substantially increase to a 15,300-square-foot cooler, receiving and cooling over 1,600,000 ounces of product each day. In addition, the company will add 10 delivery bays to enhance its general distribution.
Buckley’s Restaurant plans to expand in downtown Milwaukee
biztimes.com 13 Dec, 2016
Buckley’s Restaurant and Bar in downtown Milwaukee is to be remodelled and expanded into an existing driveway at 805 N. Cass St. and the residential building at 807-809 N. Cass St. The expanded restaurant will include two bars, a larger kitchen, a bakery and new dining facilities. Outdoor dining will be located in several locations and a new second floor balcony will also be added. The current location is in a two-story, 4,022-square-foot building. The restaurant occupies 1,761 square feet.
Largest hydro power plant in Russia’s South to be built in North Ossetia
russianconstruction.com 13 Dec, 2016
The largest hydroelectric power plant (HPP) in the South of Russia will be built in North Ossetia in 2019. The final stage of construction of the Zaramagskaya HPP-1 will start next year. This hydroelectric dam is currently being implemented by RusHydro in the North Caucasus. Since the 1st of January 2019, the plant is expected to be put in operation.
10 hydro power plants to be built in Bukidnon
news.com.ph 13 Dec, 2016
The Department of Energy (DOE) announced that 10 more hydroelectric power plants would be constructed in the province of Bukidnon. The plants would be located in the municipal towns of Baungon, Libona, Dancagan, Impasugong, Sumilao, Kalilangan, Malaybalay, Malitbog, Manolo Fortich, and Maramag. Also, the groundbreaking of the 10.6 MW Pulanai Hydroelectric Power Plant in the village of Lumbayao, Valencia City, Bukidnon was done on 8th December.
Japan’s JAG completes 2-MW PV plant in Aichi
renewables.seenews.com 13 Dec, 2016
Japan Asia Group has concluded work on a 1.9-MW solar photovoltaic plant in Aichi prefecture. Named Higashiura Solar Way, the project was developed by JAG subsidiary Kokusai Kyogo Co Ltd. Located in Higashiura city, the plant covers an area of 24,000 sq m and uses solar panels supplied by Canadian Solar Japan. The PV plant engineering, procurement and construction (EPC) works were carried out by JAG Energy Co Ltd. Local utility Chubu Electric Power Co Inc is the sole purchaser of the plant’s output.
Fonterra to invest $170m in third mozzarella plant at New Zealand site
foodbey.com 13 Dec, 2016
Fonterra will invest $173 million in the installation of a third mozzarella plant at its site in Clandeboye, New Zealand. The investment will double the cooperative’s capacity for individually quick-frozen (IQF) mozzarella. This plant uses patented technology to produce a high-quality, natural mozzarella without using chemicals. The technology has been supported by a Primary Growth Partnership programme between the Ministry of Primary Industries, Fonterra and DairyNZ. Work has already begun, with the first product destined for markets in September 2018.
Vale receives operating licence for S11D iron ore project
mining-technology.com 13 Dec, 2016
Vale has gained the operating licence for the S11D mine and plant at Canaa dos Carajas, in Para, Brazil. It will start commercial production in January next year. The total investments will be around $14.3bn. It will invest $6.4bn in the mine and plant, while the remaining $7.9bn will be used in building a 101km railway branch line, double-tracking the Carajas Railway and expanding Ponta da Madeira Maritime Terminal in Sao Luis. Commissioning at the mine and plant is advancing. The project comprises development of the iron ore mine and processing plant with 3 production lines each with a capacity to process 30 MTPA using open-pit mining strategy. Estimated lifespan is around 48 years.
Uganda starts up first solar power plant in bid to tap renewables
ET 12 Dec, 2016
Uganda on 12th December started up its first grid-connected, 10 MW solar power plant. Funded by Norway, Germany, UK and the European Union, the $19 million plant was developed by Access Power and Eren Re, two energy sector investors based in Dubai and France respectively. The plant, a vast field of some 32,600 photovoltaic panels, is located in Soroti in northeastern Uganda. Last week Uganda signed a 90 million-euro loan deal with German development bank KfW and French government finance agency AFD to build a 45 MW power plant in the country’s west.
McCain Foods to expand french fries capacity
foodbusinessnews.net 12 Dec, 2016
McCain Foods Ltd. has announced plans to expand its production capacity for frozen french fries in North America, a move that will add more than 400 million lbs of capacity to its current production. A decision is likely to come in the next few months. McCain earlier announced investment plans for its specialty potato capacity in Plover, Wis., and in June detailed plans to invest $65 million in its facility in Florenceville, New Brunswick (Canada), increasing its capacity there by more than 100 million lbs of specialty potato products.
FamilyMart targets 25 new stores in 2017
bworldonline.com 12 Dec, 2016
FamilyMart is opening up to 25 stores in 2017, mostly in developing urban areas as part of its efforts to build its footprint nationwide. The company targets to open 500 stores in the Philippines by 2018.
Foxconn and Sharp plan to set up LCD TV panel factory in China, says Nikkei
digitimes.com 12 Dec, 2016
Foxconn Electronics and Sharp plan to cooperatively set up a 10.5G or 11G LCD TV panel factory in China at an estimated total investment of JPY800 billion, with Foxconn mainly funding the plant and Sharp to provide manufacturing technology. The two companies are seeking a factory site in Guangzhou City, southern China, but may talk with other cities for better offers. A portion of the total investment is expected to come from the local government. The new facility is planned to start production in 2019.
Hassyan Energy gets $2.47 billion financing for its clean coal project
saudigazette.com.sa 12 Dec, 2016
Hassyan Energy Phase 1 PSC reached financial close on DEWA’s 2.4 GW Hassyan Clean Coal Project with the signing of $2.47 billion financing. The completed financing secures the future of the Middle East’s first ultra-super critical coal development, and facilitates the production of 2,400 MW of net electricity by March 2023. The total project investment is $3.4 billion.
MOD Resources progressing copper-silver project in Botswana
proactiveinvestors.com.au 12 Dec, 2016
MOD Resources has been granted a two-year extension for its joint venture licences centred around the company’s T3 Project in the Kalahari Copper Belt, Botswana. The company has also received assays from the recent drilling at T3, reinforcing the potential to expand the current resource of 350,000 tonnes copper and 14.27 million ounces silver. MOD and joint venture partner, Metal Tiger Plc (30%) will proceed with a pre-feasibility study commencing early 2017.
Georgia Power dedicates new 30-MW solar facility at Fort Stewart
yourrenewablenews.com 12 Dec, 2016
Georgia Power dedicated a new 30 MW on-base solar facility at Fort Stewart near Hinesville, Georgia on 12th December, 2016. The facility completed by Georgia Power in collaboration with the military, joining similar on-base solar facilities recently unveiled with the U.S. Army at Forts Benning and Gordon, as well as the Department of the Navy (DON) at Naval Submarine Base (SUBASE) Kings Bay.
NOVUM Hotel Group and GBI AG set up hotel project in Frankfurt
traveldailynews.com 12 Dec, 2016
The NOVUM Hotel Group will erect a hotel of the NOVUM Style Hotel brand with 352 rooms in Frankfurt, Germany in cooperation with the GBI AG, set up projects of above 1.0 billion euros.
Chinese steel firm to invest in $700m iron ore processing plant
africanbusinessmagazine.com 12 Dec, 2016
Shandong Iron and Steel Group plans to invest $700m iron ore processing plant at its Tonkolili mine in Sierra Leone. It currently exports all of the ore it produces at its mine to the Port of Qingdao in China in an unprocessed state.
Gundagai Meat Processors to invest $30m in expansion project
abc.net.au 12 Dec, 2016
One of Coles’ exclusive lamb suppliers is gearing up for a $30 million revamp of its abattoir in southern New South Wales. Gundagai Meat Processors (GMP) will increase its annual production capacity by 40 per cent over the next five years. The project includes extending its lamb processing floor, duplicating its robotics and improving animal health reporting. GMP secured a $4m loan guarantee from the NSW Government for the project.
Russian Railways invest $80m in expansion of Trans-Siberian Railroad
russianconstruction.com 12 Dec, 2016
In the year 2017, the Russian Railways plans to build the third main track at a section of Kosulino-Bazhenovo, the Tyumen direction of the Trans-Siberian Railroad, at a cost of 5 billion rubles. At present, within the investment program of OJSC Russian Railways, one of the stages of the project, namely Reconstruction of Kosulino-Bazhenovo, is being implemented.
S.Korea’s Lotte Chemical to invest $215 MM to add ethylene capacity
hydrocarbonprocessing.com 12 Dec, 2016
Lotte Chemical Corp will invest $215.82 million to increase the ethylene production capacity at its southwestern Yeosu plant, South Korea by 2018. The expansion plan will increase the ethylene production by 200,000 tpy to 1.2 MMtpy and propylene production by 100,000 tpy to 620,000 tpy. It plans to start construction in the H1 2017 and aims to starts production in 2019.
Maine Water announces $8.7 million investment to replace aging infrastructure
pressherald.com 12 Dec, 2016
Maine Water Company will invest $8.7 million in 2017 to replace aging infrastructure. Nearly $5 million is designated to replace aging water mains and other components in the distribution systems Maine Water maintains. It will also spend nearly $2 million for the design and permitting of a new water treatment facility near the Saco River in Biddeford, US.
Notre Dame finalizes agreement to construct hydro facility on St. Joseph River
news.nd.edu 12 Dec, 2016
The University of Notre Dame and the South Bend Board of Parks have reached an agreement on a 50-year lease that gives the University rights to construct and operate a hydroelectric generation facility on the dam in the St. Joseph River in downtown South Bend. The agreement was approved on 12th December, 2016 by the park board’s commissioners. Construction of the hydro facility will commence in October 2017, with full operation expected to begin in early 2019
230,000 sq. ft. Manufacturing Facility Breaks Ground in South Carolina
engineering.com 12 Dec, 2016
Magna International Inc. recently held a groundbreaking ceremony for a 230,000 sq. ft. facility, in Spartanburg County, South Carolina. The new facility will supply seats to the BMW Group. It is expecting to invest USD$29 million in the facility, which is expected to be operational in June 2017.
Nylon Knitting invest to extend its Malta facility
yarnsandfibers.com 10 Dec, 2016
Nylon Knitting has announced a €6 million investment in an extension to its product facilities in Malta. It is to maintain its development by delivering wide range of products in nylon. The investment on a finishing department will be completed in the next two years.
Toyota Motor Corporation to invest RM2b in plant in Klang
themalaymailonline.com 11 Dec, 2016
Toyota Motor Corporation of Japan will invest RM2 billion to build a plant with high technology facilities in Klang, Malaysia. The plant is capable of producing 50,000 units of vehicles annually for the local market.
Ground broken on Omaha Children’s Hospital expansion
desmoinesregister.com 11 Dec, 2016
Children’s Hospital and Medical Center has broken ground on a $450 million, 10-story clinical facility at the existing hospital at 82nd Street and West Dodge Road Omaha, US on 08th December, 2016. The new Hubbard Center for Children will add about 500,000 square feet to the hospital. The center will include more than 70 inpatient beds. Construction is expected to start in the spring and be completed in early 2021.
KenGen plans 23 MW expansion of Eburru geothermal plant
thinkgeoenergy.com 11 Dec, 2016
Kenya Electricity Generating Company (KenGen) is planning an expansion of its 2.4 MW Eburru geothermal power plant to bring it to 25 MW in Naivasha, Kenya in the next two years.
$160M gas line nears completion
dailyitem.com 11 Dec, 2016
UGI Energy’s $160 million natural gas pipeline through the Susquehanna Valley, US is nearly completed. The 34-mile line between Lairdsville Station in Lycoming County and Hummel Station in Shamokin Dam will be “purged and packed”. UGI’s 20-inch diameter pipeline interconnects the $710 million Hummel Station power plant to the Marc I and Transcontinental regional gas pipelines. The connection to the plant is planned to be tested in February 2017.
EIB to invest €200m in housing
irishexaminer.com 10 Dec, 2016
Ireland is to receive around €200m with which to build social housing in 2017 from the European Investment Bank (EIB). Thousands of houses are set to be built across the country using the off- balance sheet financing and the bank has committed to allocating similar amounts over the next decade if the first round of funding is successful.
Merali invests Sh400m in macadamia plant
standardmedia.co.ke 10 Dec, 2016
Sasini Limited wants to put up a macadamia factory in Kiambu County, Kenya. The new macadamia processing facility will be established in a 20 acre farm at a cost of Sh400 million. The ground breaking ceremony for the factory is set for 19th December, 2016 as the management mulls January 2018 as the operational date.
US aircraft manufacturer to invest $767 million in China
moneycontrol.com 10 Dec, 2016
A US aircraft manufacturer will invest USD 767 million in northwest China’s Shaanxi province to build a helicopter assembly line as well as a drone research and development centre. The project will be located in Xi’an national civil aerospace industrial base, according to the agreement concluded between Bell Helicopter and Shaanxi Aviation Industry Development (SAIDC), a subsidiary of Shaanxi Energy Group.
Rare metals company seeks 2017 construction on Nebraska mine
dailyprogress.com 10 Dec, 2016
NioCorp wants to build a mine and processing facilities on land near Elk Creek to extract and process niobium, scandium and titanium. The cost to build and operate the mine is estimated at close to $1 billion. Once the feasibility study is released, NioCorp will be seeking financing to move forward with the project. It will initiate onsite construction activities before the end of 2017.
Steel Dynamics expansion near completion
cdispatch.com 10 Dec, 2016
Steel Dynamic’s $100-million expansion would be in the “moving in the furniture” phase. SDI’s new paint facility is very near completion. Groundbreaking for the 220,000-square foot facility, located just south of Steel Dynamics’ main facility in the Lowndes County Industrial Park off Highway 82, US began in late January 2016.
China eyes nuclear project in Bulgaria
euractiv.com 09 Dec, 2016
The China National Nuclear Corporation (CNNC) is to possibly resuscitate a shelved nuclear power plant project in Bulgaria.
ADB supports $1 billion financing to expand Azerbaijan gas field
hellenicshippingnews.com 10 Dec, 2016
The Asian Development Bank (ADB) will provide $1 billion in private and public sector assistance to expand Azerbaijan’s Shah Deniz II gas fields. The assistance comprises a $500 million private sector loan to the Southern Gas Corridor Closed Joint Stock Company (SGC) and a $500 million sovereign-counter guaranteed partial credit guarantee.
Althea Gibson Tennis Complex set to expand in 2017
wect.com 09 Dec, 2016
The Althea Gibson Tennis Complex at Empie Park, USA will undergo changes in 2017. The $1.2 million project will add five courts to the complex, plus more parking spaces and renovations. The project should start in March 2017 and is expected to take seven months to complete.
Ikelenge receives pineapple factory
daily-mail.co.zm 09 Dec, 2016
Zambezi Pineapples Limited has launched the first-of-its-kind pineapple factory in Ikelenge, Zambia.
Mall developer aswaaq set to build two new Dubai retail projects
arabianbusiness.com 09 Dec, 2016
Community malls developer aswaaq has announced plans for two new neighbourhood retail developments in Dubai. The community malls will open at Nad Al Sheba and Al Quoz 2 with a total built up area of 88,000 sq ft. Over the next five years, it plans to open 50 further supermarkets and marts, and 23 community malls, with a reach that extends across the emirates. The contract for the new developments has been awarded to contractor Green Bridge and expected to be completed in the Q4 2017 and will each contain between 15 and 20 independent retail units, anchored by aswaaq supermarket.
Kia Motors to start assembling cars in Pakistan
auto.economictimes.indiatimes.com 09 Dec, 2016
Kia Motors Co will start assembling cars in Pakistan, planning to invest 12 billion rupees to set up a plant and manufacture the Kia vehicles. The new venture will also market and sell, besides import and export of, all types of Kia vehicles, parts and accessories.
China completes 350 million power plant in Tajikistan’s capital Dushanbe
energy.economictimes.indiatimes.com 09 Dec, 2016
Tebian Electric Apparatus (TBEA) has completed a coal-powered plant worth $350 million in Tajikistan’s capital Dushanbe. TBEA began building the plant in 2013 and received the rights to a gold mine in the north of the Central Asian country to offset the cost of the investment.
Magellan (MMP) to Invest in Expansion of Seabrook Logistics
nasdag.com 09 Dec, 2016
Magellan Midstream Partners, L.P. MMP and LBC Tank Terminals revealed their plans to expand the infrastructure of Seabrook Logistics. The expansion involves construction of 1.7 million barrels of additional crude oil and condensate storage adjacent to LBCTank Terminals’ existing terminal in Seabrook, in the Houston Gulf Coast area for this purpose. The expansion is estimated to cost $250 million and is likely to become operational in mid-2018.
TSMC Planning To Invest $15.7 Billion on 5nm & 3nm CPUs
androdidheadline.com 09 Dec, 2016
TSMC is looking to expand even further, and towards that end, has asked the Taiwan’s government to help them find a suitable location to build “an advanced chip plant to manufacture 5nm and 3nm chips”. The company is planning to build a massive NT$500 billion facility that should be up and running by 2022.
Chinese entrepreneurs may invest in BD pharma sector
thefinancialexpress-bd.com 09 Dec, 2016
The Chinese entrepreneurs have expressed their interest to invest in pharmaceutical sector considering its potential and existing investment-friendly climate in Bangladesh. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the China Council for Promotion of International Trade (CCPIT) of Shaanxi sub-council signed a deal on 8th November, 2016 for investment in the sector.
Phoenix Semiconductor to invest $100 million in PHL to expand capacity
businessmirror.com 09 Dec, 2016
Phoenix Semiconductor Philippines’ parent company in Korea, SFA Semicon Co., is expected to pour in at least $ 100 million in local operations to expand electronic products. Phoenix semiconductors Philippines corp. is located in the Clark Export Processing Zone in Clark, Pampanga is a subsidiary of SFA in Korea. The firm supplies electronic products to a major Korean electronics company.
Dalata to Invest €2m in Cork Clarion Hotel
fft.ie 09 Dec, 2016
Dalata Hotel Group is to invest €2m in the Cork Clarion Hotel in Ireland. Dalata, Ireland’s largest hotel group, acquired the four star Clarion at the end of 2015. The investment will include refurbishing all 198 hotel rooms, a new restaurant and café and improved conference facilities, as well as a rebrand under the Clayton moniker.
Honeywell to invest N64b in food processing facility
guardian.ng 08 Dec, 2016
Honeywell Flour Mills Plc will invest up to N64 billion into a world class integrated processing facility in Nigeria. The company has commenced work on the first three phases of the complex: initially with the construction of a pasta plant; being followed by a sorghum flour mill and an animal feed mill. All factories will utilise local grains, tubers and oil seeds as raw materials to boost farming activities and agriculture in execution of Honeywell’s backward integration and import substitution strategy.
Royal Enfield opens first exclusive brand store in Australia
moneycontrol.com 08 Dec, 2016
Royal Enfield has opened its first exclusive brand store in Melbourne, Australia. The exclusive brand store showcases the company’s complete range of motorcycles, apparel and accessories under one roof.
Skibbereen water supply scheme to be upgraded
irishexaminer.com 08 Dec, 2016
Irish Water, in partnership with Cork County Council, has announced that it is planning to upgrade the Skibbereen Regional Water Supply Scheme in West Corkto, Ireland. The works proposed for the Water Supply Scheme will include the upgrading and expansion of the existing treatment plants at Ballyhilty and Lake Cross, near Skibbereen. The plans also include proving additional storage of drinking water at Schull, Leap, and Sherkin Island as well as the construction of trunk mains interconnecting Skibbereen to Schull and Drimoleague.
Honda to build third automobile production plant in China
auto.economictimes.indiatimes.com 08 Dec, 2016
Dongfeng Honda Automobile announced its plans to build a third automobile production plant in China. It plans to build the plant on a 1.2 million-square-meter plot acquired by the company, located approximately within Wuhan Economic & Technological Development District. With an investment of approximately 3 billion RMB, the new plant is scheduled to become operational in the H1 of 2019, with annual production capacity of 120,000 units.
TransCanada to proceed with pipeline expansion project
worldpipelines.com 08 Dec, 2016
TransCanada Corporation, its wholly-owned subsidiary, NOVA Gas Transmission Limited, will move forward with the expansion of its NGTL system – the Saddle West project, US. The project will increase the total natural gas transportation capacity on the northwest portion of the system by approximately 355 million ft3/d. Construction is expected to commence in 2018 and it is expected to be in service in 2019.
Energean to invest $1b in Israeli gas fields
globes.co.il 08 Dec, 2016
Energean, which has acquired the Karish and Tanin offshore gas fields, Israel within six months it will present Israel’s Ministry of National Infrastructures, Energy and Water Resources with its plan to develop the fields by 2020. Karis and Tanin together contain an estimated 68 billion cubic meters of natural gas. The cost of developing the fields will be about $1 billion.
Ineos Styrolution to expand copolymer plant in Mexico
BS 08 Dec, 2016
Ineos Styrolution plans to expand the copolymer plant produces a variety of acrylonitrile butadiene styrene (ABS) and acrylonitrile styrene acrylate (ASA) solutions in Altamira (Mexico). The capacity expansion of 20,000 metric tonnes will grow Ineos Styrolution’s overall copolymer production capacity in Altamira to 180,000 metric tons. Startup is expected by the Q1 of 2018.
Urbana Ford dealership plans $800K expansion to Springfield
mydaytondailynews.com 08 Dec, 2016
Urbana Ford dealership has plans for an $800,000 expansion into Clark County in Springfield. It will build an auto service center and used-car lot at 2123 W. First St. near U.S. 68. Construction on the project has already begun and is expected to be finished by May 2016.
Welsh government to invest £8m in Port Talbot steel works after owner Tata agrees plan with unions
thisismoney.co.uk 08 Dec, 2016
The Welsh government is to invest £8million in the Port Talbot steel works, Wales after owner Tata Steel agreed a plan with unions to keep it open. The £18million investment is to enable the plant to recycle waste process gasses.
Jica is set to finance the second metro rail as part of the MRT
dhakatribune.com 08 Dec, 2016
Japan International Cooperative Agency (Jica) is set to sign a deal to finance the construction of the second Metro Rail of the Mass Rapid Transit (MRT) line-1 on 8th January, 2017. The proposed MRT line-1 will be 37km long, connecting Dhaka Airport to Kamalapur with further expansion plans to extend it from the Airport to Gazipur and Kamalapur to Keraniganj’s Jhilmil residential area. JICA has been working on completing a feasibility study of the Metro line-1 route.
Linak expansion will add 400 jobs in Louisville
bizjournals.com 08 Dec, 2016
Linak U.S. Inc., which makes parts used in health care equipment, furniture, desks and other products, will create 413 jobs with a planned expansion project at Linak back, US. The company was given preliminary approval for about $3.8 million in tax incentives from the Kentucky Economic Development Finance Authority. The incentives are approved based on the company’s plans to invest $32.7 million in the expansion.
Phillips to expand to 80,000 square foot facility in Menomonie
chippewe.com 08 Dec, 2016
Phillips-Medsize Corporation plans on opening an 80,000 square foot drug delivery devices manufacturing building in Menomonie, US. Work on the facility is expected to be completed in 2017. The company earlier in 2016 opened a 17,000 square foot building for drug delivery and combination devices.
NitNeil Partners Develops New Self-Storage Facility in Tampa, FL, Second in City
insideselfstorage.com 08 Dec, 2016
NitNeil Partners is developing a self-storage facility in Tampa, Florida. The 2-acre site at 5400 S. Westshore Blvd. currently houses an Ancient Art Antiques warehouse. It plans to redevelop the entire parcel as well as 1-acre retail outparcel into a three-story, 90,000-square-foot self-storage facility. The groundbreaking is scheduled for early 2017, with a target completion date of late 2017.
Brandywine Homes to Build 586-Unit Self-Storage Facility in Escondido
Name marketwired.com 08 Dec, 2016
Brandywine Homes has purchased 3.2 acres of vacant land at 2319 Cranston Drive in Escondido’s Kit Carson neighborhood and will build 586 self-storage units totaling on 1.74 acres and four custom homes on 12,602- to 14,000-square-foot lots in California
Sri Lanka powers ahead with desalination plans
desalination.biz 07 Dec, 2016
The Sri Lankan government is moving ahead with its plans to produce desalinated water, issuing a request for qualifications on one project, and an invitation for bids on another. A request for qualifications is issued by the National Water Supply & Drainage Board for a seawater reverse osmosis desalination plant, known as Weliwita Bulk Water Supply Project. The deadline for applications is 20th February, 2017. The national water agency also invited bids for Jaffna Kilinochichi Water Supply and Sanitation Project. A pre-bid meeting will be held on 17 March 2017, and the deadline for bids is 2 May 2017.
Makori gas processing plant inaugurated
thenews.com.pk 07 Dec, 2016
MOL Pakistan’s Makori gas processing plant in Pakistan was inaugurated on 6th December. The plant will produce 305 million metric standard cubic feet/day of natural gas, 520 metric tons/day of liquefied petroleum gas and 25,000 barrels/day of condensate crude. The government is working on several energy projects. The federal government initiated gas-related projects worth Rs 800 billion, which includes setting up of liquefied natural gas terminals and gas pipelines to meet energy needs.
UAE firm to set up Sh1.6b tomato farm plant in Kilifi
exchange.co.tz 07 Dec, 2016
United Arab Emirates-based food processing firm, Delta Food Industries, plans to provide special tomato seeds for proposed tomato paste plant in Kilifi County through a joint venture with a local firm. It will start growing the tomatoes in March next year as part of its Sh1.63 billion investment in partnership with Milly Fruit Processors. The firm plans to grow tomatoes on pilot basis for two years to inform the design of the planned processing plant. The plant will target to crash about 500 tonnes of tomatoes daily. The tomatoes will be grown on an initial 100 acres of their 10,000-acre farm in Magarini constituency.
OCI Solar inks deal to divest Alamo 6 plant in Texas
renewables.seenews.com 07 Dec, 2016
OCI Solar Power has signed a deal to sell its 110.2-MW Alamo 6 solar plant in West Texas and is currently waiting for state regulators to clear the transaction. It will dispose of the asset this month. The company will sell the plant to an indirect subsidiary of Warren Buffett’s Berkshire Hathaway. Alamo 6 is currently under construction in Pecos County. It is part of a larger complex consisting of seven projects in total. Upon completion, the 110-MW facility will sell its output to municipally-owned utility company CPS Energy.
PVR partners with Korean company to add 10 4DX screens
PTI 07 Dec, 2016
Multiplex chain operator PVR has partnered with South Korea’s CJ 4DPLEX to add another 10 4DX screens to its network in major cities like Bengaluru and Mumbai. The company, on 7th December, signed an agreement with CJ 4DPLEX to add ten more 4DX screens at ‘CineAsia 2016’ in Hong Kong.
Mahindra First Choice set to go global
HBL 07 Dec, 2016
Mahindra’s used-car business, which includes Mahindra First Choice Wheels and Mahindra First Choice Services, is all set to expand to international markets, Africa and many Asian geographies. The division has already signed MoUs in some of these countries and could soon begin operations. First Choice is now looking at used tractors as part of its expansion plans within India.
India to set up center of excellence at Al-Azhar University
PTI 07 Dec, 2016
India will establish a center of excellence in information technology at Egypt’s Al-Azhar University as part of an effort to enhance cooperation in education between the two countries. The centre will be set up in the engineering department of the university early next year. It is expected that the center should start very soon early next year. The India government will pay all the cost of the project.
Le Meridien Hotels & Resorts expands in Shanghai
HospitalityBizIndia 07 Dec, 2016
Le Meridien Hotels & Resorts, part of Marriott International, Inc. announced the opening of Le Meridien Shanghai, Minhang in the Hongqiao Hub of Shanghai. It features 240 luxurious guestrooms and suites, the signature Le Meridien Hub, four dynamic restaurants and lounges, Le Mei, the Chinese Restaurant etc.
Charlotte-area manufacturer to invest $16 million on facility, equipment and hiring
charlotteobserver.com 07 Dec, 2016
Cabinet hardware manufacturer Blum Inc. is planning to invest $16 million to upgrade and add workers at its headquarters facility in Stanley. The project will be made possible by a $362,110 economic development grant paid over seven years, an incentive that Lincoln County commissioners approved on 5th December. Part of the investment ($7 million) will go toward equipment upgrades, that will improve the speed and efficiency of its automated warehouse. Another $6 million will be spent on new machinery, equipment and tools used in the manufacturing process. The remaining $3 million will pay for building upgrades.
PTT set to invest P5b in 5 years
thestandard.com.ph 07 Dec, 2016
PTT Philippines Corp., a unit of PTT Public Co. Ltd. of Thailand, plans to invest P5 billion to expand its retail network over the next five years. It aims to end the year with 112 stations nationwide and plans to add 188 stations under the five-year investment plan. The company is also infusing capital to put up Cafe Amazon, the company’s brand of coffee chain.
Deep Eddy Vodka expands with Buda facility
kvue.com 07 Dec, 2016
Deep Eddy Vodka has purchased a 194,000-square foot facility in Buda to expand their operations. The new distillery will operate in tandem with their Dripping Springs location to keep up with demand and increase production capacity to more than 5 million cases per year. It is planning to enhance the Tasting Room visitor experience, including added capacity and the ability to host special events like live music shows.
Coca-Cola opens new $100 million plant in Cambodia
Reuters 05 Dec, 2016
Coca-Cola Co opened a new $100 million facility in Cambodian capital Phnom Penh on 5th December to expand its production capacity in the Southeast Asian nation. The plant, situated on a 12-hectare land in a special economic zone on the outskirts of the city, will be powered by solar power.
Japanese pharma group to invest €40m in new Dublin facility
The irish Times 05 Dec, 2016
Japanese pharma group Takeda is to invest €40 million in a new facility in Dublin. The company is to build a new high-containment production centre to manufacture its oncology product Ninlaro at its Grange Castle site in Clondalkin. The investment is supported IDA Ireland.
Marriott International to open around 30 hotels in 2017
ET 06 Dec, 2016
Marriott International will open nearly 30 luxury hotels in 2017. The company has doubled its portfolio of luxury hotels through the recent merger with Starwood Hotels & Resorts. Providing global travellers a selection of diversified, high-end experiences in 61 countries, the Marriott International Luxury Brands group now includes the iconic St. Regis, The Luxury Collection and W Hotels brands, The Ritz-Carlton, Ritz-Carlton Reserve, Bulgari Hotels & Resorts, EDITION and JW Marriott.
Cognizant expands operations in Saudi Arabia
BS 06 Dec, 2016
Cognizant announced expansion of its operations in the Kingdom of Saudi Arabia (KSA) with the opening of a new office in Riyadh. Cognizant currently employs more than 200 professionals in KSA, delivering a broad range of services across digital business, operations, and systems and technology to more than 25 leading organisations in industry sectors such as financial services, insurance, energy, utilities, telecommunications, and retail.
Verizon to sell data centres to Equinix for $3.6 billion
Reuters 06 Dec, 2016
Verizon Communications Inc., is selling 29 data centres to Equinix Inc for $3.6 billion, as the telecom giant focuses on its core business. The data centres being sold are located in 15 metro areas in the US and Latin America, including New York,Atlanta, Chicago, Bogota and Sao Paulo. The sale represents Verizon’s efforts to streamline its business and follows the divestment last year of a chunk of its landline business and a portfolio of wireless towers. The acquired portfolio includes about 900 customers, bringing Equinix’s total number of data centres to 175 in 43 markets.
Tata planning to keep UK Port Talbot plant operational
ET 06 Dec, 2016
Tata Steel is planning to keep its Port Talbot steel plant in South Wales, fully operational. It is exploring a joint venture with Germany’s ThyssenKrupp. The future of the Port Talbot plant includes extending the life of the furnace. The future depends upon a solution for the 14-billion-pound British Steel Pension Scheme, the liabilities of which it took on when it acquired Corus. It had recently signed a “letter of intent” with UK-based Liberty House Group to enter into exclusive negotiations for the potential sale of its Speciality Steels business for an enterprise value of 100 million pounds. Liberty House Group had emerged as the front-runner for Tata Steel’s UK plants when they went up for sale earlier this year.
Adani to start work at Carmichael mine by mid-2017
PTI 06 Dec, 2016
Adani will start construction work at the $21.7 billion Carmichael mine in Australia by the middle of next year. It secured final approval for a permanent rail line for the project. It is expected to start the main works from the last quarter of the year. Also, it will set up regional centres for providing vital support services for the project and associated infrastructure and headquarters for its rail and port operations. Townsville would become Adani mining’s regional headquarters, while the Mackay-Bowen area would become the regional headquarters for its rail and port operations.
Hilton Food Group to open new Australian facility
just-food.com 06 Dec, 2016
UK-based Hilton Food Group has announced plans to expand its capacity in Australia with the opening of a new meat processing facility in Queensland. The facility will be capable of supplying a range of beef, lamb, pork and added value products. The company is now in the process of identifying and acquiring an appropriate site to house the facility. It is proposed that Hilton’s Australian subsidiary, Hilton Foods Australia, will finance the new food packing facility, with current target for the commencement of production of 2020. The investment in plant and equipment will be approximately AUD115m.
Delphos-based Ultimate RB to expand specialty rolled rubber production by 40 percent
limaohio.com 06 Dec, 2016
Ultimate RB, a manufacturer of recycled rubber products has expanded its capacity for specialty rolled rubber production by 40 percent at its Delphos facility. To accommodate for the increase in production, the company added new equipment and expanded its building by 10,000 square feet.
Dyson to expand in Singapore with new tech centre
straitstimes.com 06 Dec, 2016
Dyson, the company known for its upscale vacuum cleaners and sleek fans, is opening a technology centre in Singapore next year. The British firm also intends to grow its engineering team in Singapore by 50 per cent over the next few years. More details about the new technology centre including its location will be announced next year.
Axalta Invests to Expand its Powder Coatings Production Capacity in Germany
businesswire.com 06 Dec, 2016
Axalta Coating Systems, global manufacturer of liquid and powder coatings, has invested to expand and to optimize manufacturing capabilities for its Alesta brand at its powder coatings production facilities in Landshut, Germany. The expansion project in Landshut consists of three phases, and is due to be completed by the end of March 2017. Phases one and two concluded at the end of 2015 and in March 2016 respectively.
Call to build nuclear power plant in Portland
theage.com 06 Dec, 2016
A nuclear power plant is to be built in the western Victorian city of Portland to supply cheap electricity to Alcoa’s troubled aluminium smelter. Alcoa is also negotiating a new electricity supply deal with AGL after the expiration of its previous contact that ensured affordable power.
GIC to Invest $260 Million in Indonesian Movie Theater Chain
bloomberg.com 05 Dec, 2016
GIC Pte, Singapore’s sovereign wealth fund, agreed to partner with an Indonesian cinema operator by investing $260 million, to help expand the theater chain across the country. PT Nusantara Sejahtera Raya, which operates the Cinema 21, Cinema XXI and The Premiere brands in Indonesia, has entered into a strategic partnership with GIC.
HTC to set up virtual reality R&D centre in Shenzhen
networkasia.net 05 Dec, 2016
HTC Corporation has signed a Strategic Partnership Agreement with the Shenzhen Municipal Government. Under the agreement, the Municipal Government in China will support HTC in setting up the China VR Research Institute and will work together to establish the 10 billion RMB Shenzhen VR Investment Fund. The partnership will leverage HTC’s advantages in VR technology and talent while focusing on unleashing breakthroughs in the core technologies of sensors, display, graphics, data visualization, human-machine interaction etc. It will also create an innovation system in which enterprises, universities, research institutes, and investment organizations all participate and drive the evolution of the ecosystem together.
DCWD plans to start P300-M septage project by Q3 2017
bworldonline.com 05 Dec, 2016
The Davao City Water District (DCWD) aims to break ground for the planned P300-million wastewater treatment facility by the 3rd quarter next year, with discussions set to be revived this week for the required city council approval. It is planned to start construction of the septage project by next year. The treatment plant will have a capacity of 245 cubic meters of septic waste per day.
Chinese firm eyes steel mill
phnompenhpost.com 05 Dec, 2016
China’s Hangzhou Iron and Steel Group is seeking partners in Cambodia to build a steel mill. The mill will produce steel products for the construction sector. The company is favouring a location near Phnom Penh.
Sh48bn new pipeline is 90% complete
the-star.co.ke 05 Dec, 2016
The construction of Kenya Pipeline Company’s Sh48 billion Mombasa-Nairobi pipeline will be completed by April 2017. The overall project completion is at 68 per cent, while the construction of the actual pipeline is 90 per cent complete. The contractor is Zakhem International. The 450km 20-inch diameter Mombasa-Nairobi pipeline (line 5) is a Vision 2030 flagship project to replace the current 38-year old Mombasa-Nairobi pipeline. Phase one of the new pipeline will have an installed flow rate of one million litres per hour by 2017, phase two 1.9 million litres per hour by 2023, and phase three will be 2.6 million litres per hour by 2044.
GAC breaks ground on new Dubai logistics facility
gdnonline.com 05 Dec, 2016
GAC Dubai has broken ground on the site of its contract logistics facility in Dubai South, UAE. The facility will bring its total capacity to more than 200,000 pallet positions. Construction of the three-chamber warehouse and executive office complex in the Logistics District of Dubai South is due to be completed in the fourth quarter of 2017, with operations expected to go live in January 2018. The new 72,900 pallet facility is designed to handle a diverse range of product categories including, fast moving consumer goods (FMCG), food and beverage, plus healthcare and beauty products classed as dangerous goods (DG).
$100 million LNG production and storage facility about to be completed on Jacksonville’s Westside
jacksonville.com 05 Dec, 2016
A million-gallon Liquefied Natural Gas storage facility at Jacksonville that will also produce up to 200,000 gallons per day was opened for public view on 5th December. The facility is under construction off Normandy Boulevard and is projected to become operational by the end of the first quarter in 2017. The complex is being built by Eagle LNG Partners and will produce LNG fuel for Crowley Maritime Inc., based in Jacksonville. The facilities on the West Side and at Talleyrand will cost about $100 million.
Bangladesh, Malaysian firms to build solar plant.
en.prothom-alo.com 05 Dec, 2016
Malaysia’s Solar MNERGY Resources and Bangladeshi firm Sanzi Textiles Mills have signed an MoU to build a 30-MW solar power plant in Chittagong at an investment of around Tk 300 crore. A formal contract will be signed early next year. Also, Sanzi Textiles Mills signed another MoU with Malaysia’s BNG Global Holding for building a housing project in Chittagong. Sanzi will arrange a piece of land near Chandgaon Police Station for the project. The total land area will be of 3695.25 sqm, while the total floor area will be of 23351.11 sqm. BNG Holding will arrange the funding required as per plan approved by the Chittagong Development Authority (CDA). The two projects would cost around Tk 500 crore
Firms get initial nod to set up 1,200 LPG auto refuelling stations
thedailystar.net 04 Dec, 2016
Around a dozen companies got a primary nod from the government to set up 1,200 LPG auto refuelling stations across Bangladesh. Beximco, Intraco, Navana, Petromax and Besto are some of the companies that received the approval. The LPG auto stations are expected to be in operation next year or early 2018. Policies on auto gas and bottling plants have already been formulated. Once the franchisee policy is prepared, the department will start issuing the final licences. Beximco Group has applied to set up 500 LPG auto refuelling stations across the country at an estimated investment of Tk 1,000 crore in the next two years on franchise basis.
Sun Life looks to invest in renewable-energy projects
businessmirror.com.ph 04 Dec, 2016
Sun Life of Canada (Philippines) Inc. eyes more investments in the Phillipines’ infrastructure buildup program, on the renewable-power sector. Sun Life made its first infrastructure investment last year in a power plant project in Mindanao through a 12-year loan agreement. It is now in talks with parties who are looking for investors. It is willing to consider a private-public partnership (PPP) arrangement and close the deal perhaps within the first quarter next year.
UPS set to bring $400M facility to metro Atlanta
mdjonline.com 04 Dec, 2016
UPS, the Sandy Springs-based delivery company will build its third-largest distribution site in the U.S. on a 340-acre parcel owned by Fulton County on Fulton Industrial Boulevard. The new, $400 million, 1.2 million-square-foot facility will open by the end of 2018.
Coca-Cola inaugurates a new bottling facility in Gaza
saudigazette.com.sa 04 Dec, 2016
The Coca-Cola Company and National Beverage Company (NBC) officially inaugurated on November 30 a new Coca-Cola bottling facility located in Gaza, which represents a US$20 million investment. Construction of the Gaza plant began in 2014 and began production in April 2016. The Coca-Cola Foundation, NBC and Mercy Corps, the international development organization, also announced a new $1.3 million charitable initiative designed to address two regional development challenges – ensuring access to clean drinking water and creating employment opportunities for Palestinian youth. The charitable initiative includes plans to construct a desalination plant near Al Maghazi refugee camp in Gaza that will provide a sustainable water source to a population of more than 24,000 registered refugees.
Irish Water invest €4m in Kerry
independent.ie 03 Dec, 2016
Irish Water has invested over €4m to address wastewater issues in Kerry. A new treatment plant has been built at Ballylongford.
India, Afghanistan plan air cargo link over Pakistan
Reuters 03 Dec, 2016
India and Afghanistan are likely to announce an air cargo service on 3rd December to help increase trade. The focus of the air cargo service is to improve landlocked Afghanistan’s connectivity to key markets abroad and boost the growth prospects of its fruit and carpet industries. A joint venture involving an Afghan and an Indian cargo firm would be set up and the two governments are working to set up infrastructure at Kabul and Delhi airports.
Gripen Wheels continue to expand warehouses
agg-net.com 03 Dec, 2016
GRIPEN Wheels, OTR tyre wholesaler has invested in new warehousing, modern logistics and major new IT system for all the Gripen companies throughout Europe. The investment has seen the company’s Swedish warehouse, in Jonkoping, expand to 436,000 sq feet, and its warehouses in Vassa, Finland, expand to 100,000 sq ft, while the UK warehouse in Llanstrisant is now 54,000 sq ft. The new IT system has linked all the companies and mobile staff into one central operational hub. The system also links stock, despatch and goods inward to warehouse locations via barcodes and scanners.
Electric parts maker Minebea to open factory in Slovakia, creating 1,000 jobs
Reuters 03 Dec, 2016
Japanese electrical equipment manufacturer Minebea will build a factory in eastern Slovakia, investing nearly 60 million euros. The factory in the town of Kosice will supply parts for the automotive, electronic and aviation sectors and is expected to start operations in 2018. Minebea may expand the investment to 100 million euros within five years.
Cargill opens innovation center in China to create food of the future
indiaretailing.com 02 Dec, 2016
Cargill has started Cargill ONE, an innovation center designed to create innovative food products and new flavors for its customers in China on 1 December 2016. Situated in Shanghai, Cargill ONE employs nearly 50 researchers, scientists, nutritionists and chefs who will work with customers to develop nutritious and safe food. Cargill ONE will deliver the food and flavors that the Chinese consumers want in their diet in a safe, healthy and nutritious way. The center will also be a platform for public education on food safety and nutrition.
Feds approve two of three pipeline projects
esteyanmercury.ca 02 Dec, 2016
The federal government announced the green light to two pipeline projects, the Kinder Morgan’s Trans Mountain expansion project and Enbridge Pipeline’s Line 3 replacement project. The $6.8-billion project will twin the existing Trans Mountain pipeline system from Edmonton to Burnaby, B.C. The $4.8-billion Line 3 pipeline replacement project will replace 1,067 kilometres of existing pipeline from Hardisty, Alberta, to Gretna, Manitoba, to enhance safety and integrity.
Enerray connects 23.1MW PV project to Jordanian national grid
pv-tech.org 02 Dec, 2016
Global EPC contractor and Saudi renewable energy company Desert Technologies announced on 1st December that the 23.1 MW Falcon Ma’an solar plant has been connected to the Jordanian national grid. The solar plant was financed under the Seven Sisters renewable programme, created by the World Bank’s International Finance Corporation (IFC) together with other partners such as FMO (Dutch Development Bank), (OFID) The OPEC Fund for International Development, Finnfund (Finnish Fund for Industrial Cooperation), Europe Arab Bank and Arab Bank.
Chinese tyre maker to invest RM894mil in PKFZ factory
Thestar.com.my 02 Dec, 2016
Qingdao FullRun Tyre Corp Ltd, Chinese tyre manufacturer is expected to invest RM894mil to set up a factory in Malaysia. Having signed a memorandum of understanding (MoU) with the Port Klang Free Trade Zone (PKFZ) on 30th November, it will be investing RM200mil in its initial phase. Incorporated under Golden Horse Rubber Sdn Bhd in Malaysia, the factory is expected to start production by May next year. The factory is expected to export three million tyres to Southeast Asia every year.
Fonterra Opens World’s Joint Largest Milk Powder Dryer
scoop.co.nz 02 Dec, 2016
Fonterra has officially opened its state-of-the-art Milk Powder Dryer at its Lichfield site on 2nd December. The new 30 TPH dryer came online in September this year and is capable of processing 4.4 million litres of milk each day. The dryer is supported by a new distribution centre, service and a sophisticated wastewater treatment plant. The new distribution centre has the capacity to store 40,000 metric tonnes of whole milk powder.
BP, BHP Billiton to proceed with Mad Dog Gulf of Mexico oil project
theaustralian.com.au 02 Dec, 2016
BP plans to press ahead with a major deep water project in the Gulf of Mexico with partners including BHP Billiton. The project to expand production from the Mad Dog oilfield off the coast of Louisiana has faced years of delays. It had reduced the cost of Mad Dog phase 2 to $US9 billion, compared with $US20 billion in 2013. The project is expected to begin production in late 2021, but it still needs approval from BP’s partners, BHP Billiton and Chevron unit Union Oil Company of California.
EBRD to finance new Turkish hospital for $305 million
hurriyetdailynews.com 02 Dec, 2016
The European Bank for Reconstruction and Development (EBRD) has announced backing for a $305 million bond to finance a state-of-the-art hospital campus in the eastern Turkish province of Elaz. ELZ Finance, a joint venture between global infrastructure company Meridiam and Turkey’s Ronesans Holding, will lend the bond proceeds to its sister company ELZ Sagilik Yatirim, which was awarded the 28-year concession by the Turkish Health Ministry to design, build, finance, equip and maintain the new 1,038 bed high-tech hospital. The hospital, which will consist of six buildings and have a total of 2,060 beds, is expected to open for operations in 2019.
TxDOT Initiates Project to Expand Highway 107
krgy.com 02 Dec, 2016
The Texas Department of Transportation (TxDOT) plans to add more lanes to one of Rio Grande Valley’s busiest roads. It is on the works of expanding State Highway 107 from Expressway 281 to FM 493. The entire project should take about two and a half years to complete.
Botswana, Namibia expand scope of Trans-Kalahari railway project
miningweekly.com 02 Dec, 2016
The governments of Botswana and Namibia have expanded the scope of the Trans-Kalahari Railway Line project from being a dedicated coal export route to a multisectoral project designed to unlock the potential of other economic sectors along the corridor. To date, the two countries have signed the project management agreement, identified and refurbished buildings to house the project. Botswana has approved all policy manuals for the project and is now waiting for Namibia to do the same. A feasibility project for the economic corridor is yet to be concluded.
Mercedes-Benz opens new crash test centre in Germany
ET 2 Dec, 2016
Mercedes-Benz has opened new Vehicle Safety Technology Centre at its site in Sindelfingen. The investment amounts to a three-digit million euro sum. Building work started in the autumn of 2013. The first productive crash test was conducted on 30 September 2016. At the Centre, around 900 crash tests can be carried out each year. There is also capacity for around 1700 sled tests per year. The column-free area of the crash hall measures 90 metres by 90 metres. The longest crash-test run is over 200 m in length.
Ohorongo Cement inaugurates new plant
worldcement.com 02 Dec, 2016
Ohorongo Cement inaugurated a new Composite Cement Plant and third Packaging Line in Namibia. This will boost the company’s cement production to 1 million tpy. The new packaging line will increase the packaging of cement from 4400 bags/hour to 6800 bags/hour. It has also installed a two t big-bag filling station for special projects. The company had invested NAD150 million in the project.
RJG Opens New Injection Molding Training Facility in NC
ptonline.com 02 Dec, 2016
RJG, Inc. will open a new 3,000-square-foot injection molding training facility in Gibsonville, North Carolina in December. RJG is working alongside ZAG Equipment Sales, Smyrna, Ga., who is providing them with space in their facility and access to several used injection molding machines. It is equipped with seven presses from ZAG’s used equipment inventory. The facility includes a classroom that seats 22 students, an office and a lab. The first course will be Systematic Molding and will be held on December 6th-8th of this year. Master Molder courses will also be offered.
Grand Junction Brewing Co. opening second facility in Westfield
ibj.com 02 Dec, 2016
Grand Junction Brewing Co. is planning to construct a new facility in Westfield. The 10,000-square-foot production facility and tap room will be built at 1189 E. 181st St., The goal is to expand production by 400 percent within a year. It will immediately increase production from 672 barrels per year to 1,400 barrels and he hopes to reach 4,000 barrels within the first year of being open at the new space. In addition to serving beer, mobile food vendors will have space on the property to operate and serve food. The new location is expected to open by mid-January.
Amryt Pharma Gets EUR20 Million Facility For Episalvan Development
lse.co.uk 02 Dec, 2016
Pharmaceutical firm Amryt Pharma PLC has secured a new EUR20.0 million debt facility with the European Investment Bank. The money will be used to back the development of Episalvan, Amryt’s treatment for rare skin condition Epidermolysis Bullosa. The five-year loan is split into three tranches, with EUR10.0 million available immediately and two further tranches of EUR5.0 million available on the achievement of certain Episalvan milestones.
Fromm Family Foods to build 90,000-square-foot facility in Columbus TIF district
wiscnews.com 02 Dec, 2016
Pet food manufacturer Fromm Family Foods plans to build a 90,000-square-foot facility on a 24-acre site in the TIF, Columbus. It will allow to increase production in Columbus by another 50 percent. Approximately a third of the new facility will be dedicated to manufacturing. The rest will be used for packaging and warehousing. The Columbus City Council approved a memorandum of understanding with Fromm, which promises that utility services will be extended to the property. Under the MOA, Fromm has agreed to pay $300,000 to the city up front to help cover utility expansion costs and will eventually be eligible for up to $1.3 million in TIF reimbursements. The new plant is expected to be operational by the second quarter of 2018.
Public Works Board greenlights $1.73 million warehouse construction project, approves equipment upgrades
marshallnews.com 01 Dec, 2016
The Board of Public Works voted to approve the $1.73 million construction project of Marshall Municipal Utilities that includes both a new warehouse and a new maintenance building. The low bid on the project from Septagon Construction has been accepted. A contract with Septagon for the project would still require approval from the city council.
U.S. real estate developer Cordish proposes $2.3 billion Madrid project
Reuters 01 Dec, 2016
U.S. real estate developer Cordish Companies proposed on 1st December, a $2.3 billion investment to build an entertainment complex outside Madrid. The 134-hectare piazza dubbed ‘Live! Resorts Madrid’ will comprise of dining, shopping and hotel facilities. The proposal needs the go-ahead from Madrid’s regional government. If approved, the resort would take up to two years to complete.
Cook Medical Opens New Distribution Centre in Singapore
Business Wire India 01 Dec, 2016
Cook Medical officially opened its new state of the art South Asia Distribution Centre (SADC) in Singapore on 30th November 2016. The 2,500 square metre warehouse and distribution facility will supply all of Cook Medical’s customers across APAC including Cook’s regional sites located in India, Korea, Malaysia, Taiwan, Thailand and Hong Kong. The new world class facility utilises leading edge paperless technology, advanced processes, and benefits from an online customs clearance system which can reduce customs turnaround time to approximately 10 minutes.
Miner investing $250M to put up steel plant
business.inquirer.net 01 Dec, 2016
A mining firm plans to invest $250 million to put up a steel-manufacturing project Leyte in Philippines. The project would be majority owned and managed by Filipinos.
KOGAS Plan to Order LNG Carriers, Expand LNG Terminals at Ports
hellenicshippingnews.com 01 Dec, 2016
Korea Gas Corporation (KOGAS) is planning to place an order for liquefied natural gas (LNG) carriers. In addition, KOGAS is carrying out a project to build LNG bunkering infrastructure at the Tongyeong station, South Korea by the end of 2019.
Leviathan partners sign $2 bln Israeli power plant natgas deal
reuters.com 01 Dec, 2016
The partners in the Leviathan natural gas field off Israel’s coast signed a deal worth about $2 billion to supply gas to Dalia Power Engines, Israel. Under the deal, Dalia will receive 8.8 billion cubic meters of gas for up to 20 years once production starts. Leviathan, is expected to start production in 2019 or 2020.
Essel Group in JV with Gensource to set up potash project in Canada
business-standard.com 01 Dec, 2016
Essel Group Middle East (EGME) has formed a joint venture with Gensource Potash Corporation for the development of potash projects in Canada. The JV will be set up as a private corporation into which Gensource will vend a resource from its Vanguard area near Eyebrow and Tugaske. For its part, Essel Group ME will provide business and logistic expertise to the JV and will provide financing in two stages – first to complete the current feasibility study, and second to finance the construction of the project. Ultimately, when the construction financing has been committed, EGME and Gensource will own 70 percent and 30 percent, respectively, in the JV.
Truck terminal will construct at Indo-Myanmar border.
bnionline.net 01 Nov, 2016
The combined team of Municipal Committee, Town Planning Committee and village administrators is going to construct a truck terminal in Rihkhawdar town in Tidim Township, Indo-Myanmar border trade No. 2 in Chin state of 200×100 square feet land.
RCB plans to revamp Cantonment General Hospital
thenews.com 01 Dec, 2016
The Rawalpindi Cantonment Board (RCB) is now working on revamping of Cantonment General Hospital in Pakistan. An amount of Rs. 550 million would be spent on rehabilitation and improvement of CGH. The civic body has requested the government for allocating grant in this regard. Improvement of laboratory, ICU unit, dialysis centre, diabetic centre, Nursing School are part of components of rehabilitation of CGH besides procuring medical equipments.
Schon unveils $870m hotel apartment project in DIP
hoteliermiddleeast.com 01 Dec, 2016
Schon Properties has announced the development of iSuites, a $870 million, 2,700 hotel apartments at a single site within Dubai Investment Park, close to the World Expo 2020 site, Dubai. The complex includes 21 mid-rise buildings and will be delivered by 2020. iSuites includes a 125,000 ft2 retail promenade called the Laguna Centrale Mall, which will include cafes, kids play area’s and nanny services available for all guests.
Borealis and Asmidal plan to set up melamine facility in Algeria
business-standard.com 01 Dec, 2016
Borealis has signed an agreement with Asmidal for setting up a melamine manufacturing facility in Algeria. A feasibility study for this project will be carried out during upcoming months and a final investment decision is expected to be taken in 2017. Borealis produces around 130,000 tonnes of melamine per year, 80 percent of which is destined for the wood-based panel industry.
Air Liquide to build renewable energy plant in Mississippi
rewmag.com 01 Dec, 2016
Air Liquide has announced plans to construct and operate a landfill gas (LFG) to renewable natural gas (RNG) purification plant in Walnut, Mississippi. The facility is expected to break ground by the Q1 of 2017. The initial production capacity of the plant will be 1,300 mm BTU per day; the company has plans to expand the operation.
Ballygowan engineering firm CCP invest £3.5m in major R&D project
irishnews.com 01 Dec, 2016
CCP Gransden is planning a major £3.5 million research and development project to improve its manufacturing capability in Ballygowan Northern Ireland. The company has a three-year plan to develop new and innovative processes that will enable it to design and manufacture advanced lightweight composite components.
Fiat Chrysler To Invest €100M In Turin Research Center
fcauthority.com 01 Dec, 2016
Fiat Chrysler is planning to invest approximately €100 million in its Turin Research Center, Italy. The investment will also contribute to FCA’s other research endeavors in Italy.
Medibank to invest $40 million in new ERP system
computerworld.com 30 Nov, 2016
Medibank Private will spend $40 million on a new enterprise resource planning (ERP) system. The new ERP system will provide a significant opportunity from an expense perspective as procurement will be automated and systematised. Medibank’s IT transformation program involved the replacement of its four-decade-old mainframe system. Implementing an SAP-based core policy management system, dubbed Project DelPHI, was a central part of the program. The new system will be fixed within six to nine months. The program also included an upgrade to Medibank’s digital sale and services systems and improving data warehouse and business intelligence systems.
Dangote to invest $3b in energy sector
guardian.ng 30 Nov, 2016
Dangote Group embarks on $3 billion project for a 540-kilometre pipeline from Niger Delta to the Lekki free trade zone in Lagos. The project, which would come on board by the first quarter of 2019 aims at transporting three billion cubic metres of gas per day. Final investment decision is yet to be taken.
Toyota to expand engine plant in Brazil
Reuters 30 Nov, 2016
Toyota Motor Corp’s Brazilian subsidiary will invest 600 million reais to expand production at its engine factory in the country. The plant located in Porto Feliz, Sao Paulo state, will increase annual production to 174,000 engines from 108,000 currently. The installation, which already supplies engines for the Etios model sold in Brazil, Argentina, Uruguay, Paraguay and Peru, will start to produce engines for the Corolla model as well.
Eldorado Stone begins construction on new facility
publicopiniononline.com 30 Nov, 2016
Eldorado Stone, LLC broke ground 30th November, on a new 432,000-square-foot-facility at Antrim Commons Business Park. The new plant, which will consolidate the manufacturing plant in Greencastle and in Hagerstown, Maryland, into one big facility, is scheduled to open Sept. 17, 2017. To help pay for the facility – which is being built on about 25 acres – the company plans to invest $6 to $7 million in the project. In addition to its own investments, it received a funding proposal from the Department of Community and Economic Development that includes a $250,000 Pennsylvania First Program grant.
Massive marijuana production facility being built in Leduc County, Alta.
globalnews.ca 30 Nov, 2016
Aurora Cannabis has started construction on the 800,000 square foot hybrid greenhouse facility that will produce marijuana in Leduc County, Alta. The company expects “Aurora Sky” to have the capability of producing 100,000 kilograms of marijuana per year. The target completion date for the facility is October 2017.
Tarmac opens rail facility at Aberthaw Cement Plant
globalcement.com 30 Nov, 2016
Tarmac’s Aberthaw Cement Plant has opened a rail facility to despatch bulk cement. The yard is expected to replace 2500 annual truck movements on the local roads.
AES wants to build world’s largest battery facility in Long Beach
bizjournals.com 30 Nov, 2016
AES Corp. is seeking approval to build a 300-MW battery facility in Long Beach. Other projects of the company include the Alamitos Generating Station along the San Gabriel River and a new natural gas-fueled power plant. AES’ battery facility project involves the construction of three 50-foot buildings on the Alamitos Generating Station’s existing parking lot that would house lithium ion batteries and cooling equipment. Long Beach’s Planning Commission may hold a hearing on the battery storage facility plans in January. If approved, construction could begin in 2019, and the facility could go online in 2020.
FlexiSpace to Build £3M Self-Storage and Workspace Facility in Middleton, Manchester, England
insideselfstorage.com 30 Nov, 2016
FlexiSpace, a U.K. self-storage and workspace brand, is designing a new £3m site in Middleton, Manchester, England. The property will comprise 100,000 square feet of self-storage and workspace, which includes 10 offices, 50 vehicle-parking spaces and two communal kitchen areas. To further its expansion plans, FlexiSpace has developed a relationship with Barclays, a London-based multi-national banking and financial-services company.
MHI upgrades unit-3 reactor at 3.9GW Ringhals nuclear power plant in Sweden
nuclear.energy-business-review.com 30 Nov, 2016
Mitsubishi Heavy Industries (MHI) has completed replacement work on a pressurized water reactor (PWR) pressurizer nozzle spool piece at the Unit-3 reactor of the 3932MW Ringhals nuclear power plant in southern Sweden. The plant features four reactors, which were commissioned between 1975 and 1983. The work, which is part of a contract awarded earlier by Sweden’s Ringhals, involved replacement of a nozzle welds with an alloy of higher corrosion resistance at the 1034MW unit-3 reactor in order to its improve reliability. As part of the contract, MHI was responsible to perform technical assessment, verification tests, equipment manufacture, material procurement and replacement work.
Lucid Motors plans electric car factory in Arizona; to have 2000 workers
ET 30 Nov, 2016
Electric car maker Lucid Motors will build a manufacturing plant in Arizona that will begin production in 2018. Construction of the factory will begin next year. Lucid is receiving government assistance from the Arizona Commerce Authority.
South Africa’S Rompco Keen To Develop New Pipes
naturalgasworld.com 30 Nov, 2016
Rompco is keen to take on pipeline projects. The pipeline builder and operator is a partnership between South African energy group Sasol and the governments of South Africa and Mozambique. Rompco’s preferred model is to build and operate a pipeline, rather than to just construct the infrastructure. Its current focus is on South Africa and Mozambique.
Sempra files to construct Port Arthur LNG
hydrocarbonengineering.com 30 Nov, 2016
Sempra Energy’s (Sempra) LNG subsidiaries have filed applications with the Federal Energy Regulatory Commission (FERC) seeking authorisation to site, construct and operate the proposed Port Arthur LNG natural gas liquefaction facility along the Sabine-Neches Waterway in Southeast Texas. The FERC application includes: two natural gas liquefaction trains capable of producing, under optimal conditions, approximately 13.5 million metric tpy in the aggregate of natural gas; three LNG storage tanks; natural gas liquids and refrigerant storage; feed gas pre-treatment facilities; two berths and associated marine and loading facilities.
Saudi fund to invest in owner of Kuwait food firm Americana
Reuters 28 Nov, 2016
Saudi Arabia’s top sovereign wealth fund, the Public Investment Fund (PIF), plans to buy a major stake in Adeptio, the Gulf-based investment firm which controls Kuwait Food Co (Americana). The PIF would buy 50 percent of Adeptio from United Arab Emirates-based billionaire Mohamed Alabbar, who would keep the rest of Adeptio. Adeptio deal is part of efforts to boost investment in non-oil sectors and diversify its portfolio geographically and across asset classes, while securing long-term financial returns for Saudi Arabia.
247Solar signs agreement to commercialize in Southern Africa
reneweconomy.com.au 29 Nov, 2016
247Solar and South Africa’s Stellenergy (Pty) Limited have agreed to build a 247Solar PlantTM to be followed by widespread commercial deployment in southern Africa. The Plant, which is a pre-engineered standardized “module”, will produce 300 to 400 kWe of power around the clock.
IHG plans new Hotel Indigo property for Brisbane
ausbt.com.au 29 Nov, 2016
InterContinental Hotels Group will debut the 140 rooms, Hotel Indigo Brisbane Fortitude Valley hotel at 458 Brunswick Street, Brisbane by 2020. The property will be several blocks from most major bars and nightclubs, and a five-block walk from Fortitude Valley railway station, linked to Brisbane Airport by the city’s Airtrain service. The property will be part of a mixed-use development which will also house residences, commercial offices and retail space, opens in mid-April 2017.
MetroHealth plans to borrow $1.25 billion to build new hospital, transform campus
cleveland.com 29 Nov, 2016
MetroHealth System plans to borrow $1.25 billion to build a new hospital, transforming its main campus on West 25th Street, Ohio, USA. It plans to hire an investment banker and the board will have to vote to issue bonds or follow another financial path. The new building will be slightly taller than the 12-story towers, but have about 650,000 square feet, compared to the current hospital’s 1 million square feet.
Coleg Sir Gar apprentices build new hospital in Uganda
bbc.com 29 Nov, 2016
Construction apprentices from Coleg Sir Gar build a new maternity hospital in Carmarthenshire, South-west of Whales.
Port Arthur LNG Files Federal Application To Construct Natural Gas Liquefaction And Export Facilities In Texas
prnewswire.com 29 Nov, 2016
Sempra Energy announced its liquefied natural gas (LNG) subsidiaries have filed applications with the Federal Energy Regulatory Commission (FERC) seeking authorization to site, construct and operate the proposed Port Arthur LNG natural gas liquefaction facility along the Sabine-Neches Waterway in Southeast Texas. The FERC application for the proposed project includes: two natural gas liquefaction trains capable of producing, under optimal conditions, approximately 13.5 million metric tons per annum in the aggregate or approximately 698 billion cubic feet of natural gas per year; three LNG storage tanks; natural gas liquids and refrigerant storage; feed gas pre-treatment facilities; two berths and associated marine and loading facilities. A separate application is filed with FERC seeking authorization to construct natural gas pipelines to deliver natural gas to the project.
Dutch dredging firms eye Russian gas pipeline project
dutchnews.nl 29 Nov, 2016
Van Oord, Boskalis and Allseas are actively seeking involvement in a politically controversial subsea gas pipeline project which is fully owned by Gazprom. The €8bn Nord Stream 2 pipeline will cross the Baltic Sea from Russia to Germany. Van Oord is seeking a contract for laying the bed to protect and stabilise the pipeline. Allseas and Boskalis were both involved in the construction of the Nord Stream 1 pipeline, completed in 2012, and they will be tendering for the new project as well. Nord Stream 2 will have annual capacity of 55 billion cubic metres of gas and will double Russia’s export of gas.
Bushveld Minerals signs MOU for development of Mokopane tin project
miningreview.com 29 Nov, 2016
Bushveld Minerals has announced the signing of a Memorandum of Understanding between Greenhills and VBKom for the joint development of the Mokopane tin project. Under the terms of the memorandum of understanding, VBKom commits to conduct due diligence on the Mokopane tin project. If the outcome is successful, VBKom intends to enter binding agreements to provide capital investment and technical support for the development of the Groenfontein and Zaaiplaats deposits in return for equity participation in the project. The equity participation will not exceed 50%. The joint development effort is expected to build on the 2014 Mokopane tin project scoping study of the two deposits, Groenfontein and Zaaiplaats. The study envisaged an initial 691 000 tpa run-of-mine operation to produce 700 tpa of 99.5% tin purity metal.
Shuttlewagon will expand at Three Trails Industrial Park
bizjournals.com 29 Nov, 2016
Shuttlewagon Inc. has leased 81,997 square feet at Three Trails Industrial Park located near 87th Street and U.S. Highway 71, south Kansas City for expansion. The space is located in Three Trails Building III, a 494,654-square-foot structure that is started on a speculative basis, meaning before any tenants were signed. The building is expected to be completed by the end of 2016.
ABU begins construction of 10mw solar power plant
dailytrust.com.ng 29 Nov, 2016
The ground-breaking ceremony was performed on 28th November, 2016 for the construction of a 10MW solar power plant estimated to cost four billion naira at Ahmadu Bello University (ABU), Zaria. The project, located at Biye Village, Sabongari Local Government Area of Kaduna State, is expected to be completed in six months and is meant to address the energy needs of the university. It is designed, initiated and financed by ABU in collaboration with Nigeria-German Energy Partnership with assistance from Tertiary Education Trust Fund.
Palm Concepcion inaugurates P13.98-billion coal plant to boost Visayas power supply
businessmirror.com.ph 29 Nov, 2016
THE P13.98-billion 135-megawatt (MW) Circulating Fluidized Bed Combustion plant of Palm Concepcion Power Corp. (PCPC) was inaugurated on 28th November, 2016 located in Concepcion, Iloilo. It has been commercially operated since August 2016. The construction and commissioning of the power plant, including the transmission facilities, are completed within 37 months.
MHI Named to Build Large-Scale Polyethylene Plant Project for ExxonMobil in the USA
businesswire.com 29 Nov, 2016
Mitsubishi Heavy Industries has received an order for supply of systems to support a large-scale polyethylene production train for ExxonMobil’s Beaumont Polyethylene plant. The new production train is slated to be completed in 2019, and will produce 650,000 tons of polyethylene per year. MHI is currently building a Polyethylene plant comprising of 2 units, each with the same scale of production capacity, at ExxonMobil’s Mont Belvieu, Texas facility. MHI will supply the reaction, finishing, and shipping equipment for the plant, as well as utility facilities for water, air and steam.
Eden Group planning to invest $130m in Bagan, Inle projects
frontiermyanmar.net 28 Nov, 2016
Myanmar’s Eden Group is planning to spend an estimated US$130 million building two hotels in partnership with Hilton Worldwide Holdings. The plan calls for opening hotels of between 150 and 200 rooms in Bagan and Inle Lake, as early as 2018. The hotel at Inle Lake will probably operate under the Hilton brand and the Bagan facility is likely to become Myanmar’s first Conrad luxury hotel. Eden is also planning to turn a hotel in Mandalay that it bought from Singapore’s Keppel Land in October into a Hilton. It is also exploring the possibility of developing hotels with a big Japanese real estate company.
Vista Land sets aside P18B for mall expansion
bworldonline.com 28 Nov, 2016
Vista Land & Lifescapes, Inc. is investing P18 billion to develop 10 more shopping malls within the next two years. It is putting up seven malls and three small ones – Vista Places. In the next two years, Vista Land intends to open a Vista Mall each in Iloilo City, Davao City and Dasmariñas in Cavite; two in Bacoor, Cavite; and two in Las Piñas City, including the expansion of the Evia Lifestyle Center. Vista Land is ramping up the expansion of Evia Lifestyle Center within the 35-hectare Evia City. It will simultaneously develop the second and third phases of the flagship mall whose first section has been fully leased out. The company will spend P2 billion to complete the second phase spanning about 50,000 sq.m. and P1.6 billion for the third part with about 40,000 sq.m. These will expand Evia Lifestyle Center to 120,000 sq.m. from 38,000 sq.m. currently. The three malls under the Vista Place brand will rise in Malolos, Bulacan; Kawit, Cavite; and Cagayan de Oro City. All 10 malls will be anchored by the homegrown retail brands of the Villar Group, namely AllHome, AllDay Supermarket, AllToys, The Coffee Project and AllShop department store.
NNPC to upgrade, expand Kaduna refinery
businessdayonline.com 28 Nov, 2016
The Nigerian National Petroleum Corporation (NNPC) plans upgrade and expansion of the Kaduna Refining and Petrochemical Company Limited (KRPC). Efforts are ongoing to explore the possibilities of piping crude oil from Niger Republic to be refined in KRPC. The Corporation has already started engagements with the Nigerien Minister of Petroleum and the Chinese that are operating the field at Agadem. The Fluid Cracking Catalytic Unit (FCCU) of the plant was restreamed in June. The Kerosene Hydrotreating Unit (KHU) rehabilitation is ongoing with the equipment overhaul and integrity checks.
Foreign consortium/NNPC to build $340m Ethanol plant in Benue
vanguardngr.com 28 Nov, 2016
A consortium based in the United Kingdom, in collaboration with the Nigerian National Petroleum Corporation, NNPC, is to invest over $340 million in the establishment of an ethanol plant in Benue State. The stage is already set for the signing of an agreement among major stakeholders including the state government and the Consortium. The feasibility studies for the project has been concluded. Another company from the United States has also expressed willingness to invest in food processing in the state. Russian investors had also indicated interest to invest in the development of the agriculture value chain in the state.
Dangote to establish rice mills in Kano
dailytrust.com.ng 28 Nov, 2016
The Dangote Group of companies has concluded plans to establish rice mills of 250,000 tonnes per annum capacity in Kano. The company would also commission it’s fertilizer plant next year with a capacity of about 2.8 million tonnes per annum.
Kalbarri set for $10m microgrid project
au.news.yahoo.com 28 Nov, 2016
A micro-grid to combine green energy produced from solar panels and wind turbines is planned in the Mid West town of Kalbarri. Costing $10 million, the project will see the installation of a utility-scale two-megawatt battery that will store excess power generated by the town’s rooftop solar panels and a wind farm owned by Synergy. The development will be carried out by State-owned electricity distributor Western Power. With Western Power expected to call for expressions of interest within weeks, the project is expected to be built into electricity supply from next year.
Koch Industries unit’s $100 million investment in ‘fixer-upper’ Beatrice plant is producing renewable fuels
omaha.com 28 Nov, 2016
A renewable fuels plant in Beatrice, Nebraska, has begun production of biodiesel after a long-dormant period and heavy capital investment. Flint Hills Resources, a unit of Koch Industries, began operations at the Duonix Beatrice biodiesel plant in September. Flint Hills and partner Benefuel have invested about $100 million in the plant, capable of producing 50 million gallons a year of biodiesel.
Volkswagen to build car assembly plant in Algeria
DC 28 Nov, 2016
Volkswagen on 28th November, signed a deal with its Algerian sales partner Sovac for the construction of a vehicle assembly plant in the North African country. Under the deal, worth $170 million, the plant will produce its first car in June 2017 and is expected to increase output to more than 100 vehicles a day. The assembly line will be built in Relizane, 320 kilometres (200 miles) southwest of Algiers. The plant will produce several models, including the Volkswagen Golf, SEAT Ibiza and Skoda Octavia as well as the Caddy.
Gatwick Airport to invest £250m in new projects
airrport-technology.com 28 Nov, 2016
UK’s Gatwick Airport has announced plans to invest £250m in various projects in 2017. The investment is part of the airport’s five-year, £1.2bn plan to expand its terminal departure lounges and shopping facilities. It will also be used to construct a modernised railway station in conjunction with Network Rail, as well as increasing parking and optimising operations at the airport. In January 2017, three of Gatwick’s major carriers will move terminals as part of a strategic transformation programme.
Kubota Announces Major Expansion to Georgia Facility
agweb.com 28 Nov, 2016
Kubota Tractor Corporation has begun construction on a 617,865 sq. ft. expansion at its national distribution center in Jefferson, Ga., northeast of Atlanta. The $16 million expansion project is scheduled to be completed by July 2017. At 956,161 sq. ft., the new facility will be triple its current size. Kubota will use the extra space for improved warehousing efficiencies to store and process equipment from its nearby Kubota Manufacturing of America (KMA) and Kubota Industrial Equipment facilities (KIE). Kubota’s KMA facility is planning a new 502,000 sq. ft. plant starting in January 2017 to increase production of the company’s RTV-Series utility vehicles.
MTN Group plans expansion in Iran
moneyweb.co.za 28 Nov, 2016
MTN Group, Africa’s mobile phone company, is planning to expand in Iran. MTN, which has set aside about $700 million in capital expenditure that includes revamping its network in Iran, is also looking to expand its services to include rapidly expanding its e-commerce offering in a country where it has already invested $22 million in Snapp, a Tehran-based taxi-hailing app.
Batavia proposes $133 million city budget
kcchronicle.com 28 Nov, 2016
The spending plan of the city of Batavia’s 2017 budget calls for an $18 million expenditure to start a major five-year expansion and upgrade of the wastewater treatment plant, and an increase of $436,000 over this year’s budget for stormwater drainage projects throughout the city. There’s also an additional $10 million being budgeted for the city’s tax increment financing districts to help fund and provide incentives for the One Washington Place downtown redevelopment project and the proposed Blue Goose Market. The five-year, $70 million wastewater plant project will increase the volume of sewage the facility can handle.
Mega industrial park planned for Cedar Rapids
thegazette.com 28 Nov, 2016
Iowa Land and Building, a subsidiary of Alliant Energy Corp., will develop the 1,300-acre Big Cedar Industrial Center, the Iowa state’s first certified Mega industrial park. Work has begun to get Big Cedar certified as a Mega industrial park, which typically offers more than 1,000 acres of land ready for development. The park will offer natural pads of 400 contiguous acres for development, but pads of 800 acres or more could be created with additional site engineering. No state funding will be involved, other than the usual incentives that would be offered to businesses bringing capital investment and jobs to the state.
Hospital pipeline project gets underway today
oxfordmail.co.uk 27 Nov, 2016
A 2.2km pipeline to be constructed over the next 19 weeks uprooting roads all the way from the John Radcliffe to the Churchill Hospitals has been launched on 28th November. Vital Energi is the contractor.
QIMC-led JV in deal to set up 60,000 tpy calcium chloride plant at Mesaieed
gulf-times.com 27 Nov, 2016
KLJ Organic Qatar, a joint venture (JV) between Qatar Industrial Manufacturing Company (QIMC) and KLJ Organic Limited, India; and Gulf Chlorine signed an agreement on 26th November, 2016 to establish a calcium chloride plant at the Mesaieed Industrial City (MIC), Qatar. The new plant, which will be set up the under the name of United Chemicals, will produce 60,000 tonnes per year (tpy) of calcium chloride. The newly formed JV will also market hydrochloric acid and is discussing other business synergies. QIMC will have a 60% stake in the joint venture, while the remainder will be held by KLJ Organic Limited, India. KLJ Organic Qatar will manufacture chlorinated paraffin wax, caustic soda prills, hydrochloric acid and sodium hypo chlorite.
Port of Philadelphia to Double Container Capacity
maritime-executive.com 27 Nov, 2016
The Port of Philadelphia, Pennsylvania will invest more than $300 million in the Port’s infrastructure, warehousing and equipment. The initiative will start in 2017 and continue through 2020. The program will boost three of the busiest sectors of the Port of Philadelphia, including the Packer Avenue Marine Terminal, the Port’s automobile-handling operation and the Tioga Marine Terminal. The improvements will result in doubling container capacity at the Port, provide increased breakbulk (non-containerized) cargo capacity and bring a substantial increase in automobile-handling capacity. About $200 million of the capital investment program will be invested in the Packer Avenue Marine Terminal.
To inaugurate Iloilo coal-fired power plant
sunstar.com.ph 27 Nov, 2016
The 135-Megawatt Circulating Fluidized Bed Combustion (CFBC) Power plant of Panay Concepcion Power Corporation (PCPC) is set to inaugurate on 28th November, 2016 at Barangay Nipa, Concepcion, Iloilo, Philippines. The power plant is a joint venture between Palm Thermal Consolidated Holdings Corporation (PTCHC) and Jin Navitas Resource Inc. (JNRI). It started its commercial operations on 16th August, 2016. At present, the power plant is delivering power generation supply to its customers in Panay, Negros and the rest of Visayas.
UAE installs eight solar energy plants in Mauritania
thenational.ae 27 Nov, 2016
Abu Dhabi // The UAE has helped double Mauritania’s clean energy capacity by delivering and installing eight new rural solar energy plants. The plants, sponsored by Masdar, will supply an additional 16.6 megawatts of electricity, which will power about 39,000 homes and save 27,850 tonnes of carbon emissions per year. The projects were inaugurated in the city of Atar, one of the sites of the eight photovoltaic power plants, on 28th November, 2016 and on 2nd December, 2016.
GECOL to open 2 power units in southern Tripoli gas turbine power plant
libyaobserver.ly 27 Nov, 2016
The General Electricity Company of Libya (GECOL) is ready to open two new units at the southern Tripoli gas turbine power plant with a capacity of 100 megawatts.
Piedmont Natural Gas wants to build new pipeline under river
greensboro.com 27 Nov, 2016
Piedmont Natural Gas is asking for permission to build a new natural gas line under the Cape Fear River to help it serve Wilmington. The utility has applied for permits to build a 10-inch line under the river. The company would need to build 2 miles of new pipeline and realign some pipes leading to the river.
Huawei to set up R&D base in Tokyo
asia.nikkei.com 26 Nov, 2016
Huawei Technologies will establish an R&D base in Tokyo as early as 2017 for collaborative research with Japanese companies on cutting-edge topics related to the “internet of things” and next-generation 5G wireless technologies. The Tokyo R&D base will investigate applications research for 5G in such sectors as transportation, energy, finance and public safety. In addition to strengthening ties with SoftBank Group and NTT Docomo for 5G research, it also hopes to partner with such companies as Sony on virtual reality technologies and with the likes of Toshiba and Yaskawa Electric on industrial technologies.
Barry Callebaut to boost chocolate production
asia.nikkei.com 26 Nov, 2016
Barry Callebaut plans to increase production capacity on both sides of the globe. The company plans to add a third production line in Singapore to make more chocolate to be used as ingredients for products like chocolate sauce. It also plans to set up a new line to produce chocolates shaped to order. The overall investment will be $18 million. A new 2,600 sq.meter warehouse will also help make deliveries more efficiently. The company, also plans to invest $20 million in its California plant. It is set to increase production capacity of liquid chocolate and chocolate-alternative products as well as expand an existing storage tank and processing line by mid-2017. The California plant has already been expanded this 2016, but the company has decided the growing demand on the U.S. West Coast warrants a further expansion.
IDB US$ 60m loan to expand sewage and rainwater drainage in Montevideo
en.mercopress.com 26 Nov, 2016
Uruguay will expand sewage and rainwater drainage systems in Montevideo and improve management of City Hall’s sanitation system. For this project, US$60 million loan has approved by the Inter-American Development Bank (IDB). Crews will build 43.6 kilometres of sewage lines and collectors, 3.8 kilometres of pressure pipes, a pumping station, 6.4 kilometres of micro- and macro-drainage equipment, and an overflow control structure with a 4,000 cubic meter capacity. All of this is designed to expand the sewage and rainwater drainage systems in the Barrio Manga and the pumping stations in Miguelete, La Teja and Belvedere-Victoria, which are part of the city’s Western Final Disposal System. The IDB loan of US$60 million will be over 25 years with a grace period of five and a half years and an interest rate pegged to the LIBOR. The local contribution will be US$9.8 million.
Big River to turn out steel next month
arkansasonline.com 26 Nov, 2016
The Big River Steel mill under construction near Osceola is set to begin producing steel early December 2016. The plant will use scrap steel to produce its final steel product. It is required to invest at least $1.023 billion in the project. The commission will begin auditing the plant in December 2017.
Water treatment company looks to expand into municipal sector
pacetoday.com.au 25 Nov, 2016
A water treatment company is expanding its zero discharge filtration systems into the municipal sector. Its internationally patented filtration systems filter water through 316 stainless steel mesh in a similar way to how a baleen whale, which lends its name to the company, separates seawater from krill. The company has installed about 200 of the systems across Australia as well as in New Zealand, Asia and the United States. Different sized systems can treat from 20,000 litres a day through to two million litres per hour.
Givaudan invests CHF 5 mn to expand flavour unit in Singapore
business-standard.com 25 Nov, 2016
Givaudan has expanded its Flavour Innovation Centre (FIC) in Singapore with an investment of CHF 5 million. The FIC is home to the Asia Pacific (APAC) campus of the Givaudan Flavour School, which is training the next generation of flavourists in the region, and the APAC Academy which supports continuous learning. The expanded Singapore centre will include a new fully integrated culinary space for concept development, as well as new or expanded savoury, bakery, confectionery, beverage and dairy facilities to serve all market sectors.
Cemos announces plans for Tarfaya plant
cemnet.com 25 Nov, 2016
Cemos Group plans to construct a US$296m cement plant in Tarfaya in the country’s southwest, Morocco. The 1.6Mta integrated plant will utilise local deposits of oil shale as an energy source.
SNGPL, SSGCL To Set Up Over 60 Lpg-Air Mix Plants
brecorder.com 25 Nov, 2016
Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) would set up over 60 Liquefied Petroleum Gas (LPG)-air mix plants in selected areas. The Economic Coordination Committee (ECC) has recently approved setting up of LPG-air mix plants at Murree (Kurbagla, Dewal, Company Bagh and Tret), Awaran and Bella. The plants would be established at an estimated cost of Rs 1353.29 million to be funded by the respective gas companies – SSGCL and SNGPL – through their own resources. The companies would set up 30 more air mix plants each on their respective transmission network in the areas of Azad Jammu and Kashmir, Chitral, Gilgit-Baltistan and backward areas of Balochistan.
US$398m Tema-Akosombo rail facility approved
ghanaweb.com 25 Nov, 2016
The Parliament’s approval of a US$398,330,000 commercial contract agreement for the design and construction of an 84.8 km single standard gauge railway line from Tema to Akosombo on an engineering, procurement and construction (EPC) basis. The project is a partnership between the Ghana Railway Development Authority (GRDA) and AFCONS Infrastructure Limited of India. The implementation of the project will link the Tema Port to the Volta Lake transport network especially north-south movements. Works on the project will include the building of six rail stations at the Tema Port, Tema Industrial Area, Afienya, Doryimu/Kodiabe, Kpong and Akosombo Town. Railway heads or terminals will also be constructed at Tema and Akosombo including the provision of operational facilities and loading equipment. The railway line will also facilitate the carting of cotainerised cargo and agricultural produce from the SADA enclave to the Tema Port for export. The duration for the project is three and a half years and it is expected to take off when 70 percent of the land has been handed to the contractor free of all related issues.
Torrington Toyota announces plans to expand
registercitizen.com 25 Nov, 2016
A more than 6,000-square-foot expansion is planned for Torrington Toyota, located at 1472 East Main Street, Torrington. The addition will allow the service area of the dealership to be enlarged and lifts to be installed. Additional parking, lighting, and greenery will also be added to the site Construction is aimed to begin in the spring. The proposed expansion is planned to total some 6,632 square feet, and match the architecture and materials of the structure currently on site. The Architectural Review Committee approved the project on 17th November, 2016. The commission is next scheduled to meet on 14th December, 2016.
Enel opens Brazilian hydropower plant
powerengineeringint.com 25 Nov, 2016
Enel Green Power Brasil Participacoes (EGPB) has opened a hydroelectric power plant in the Brazilian state of Mato Grosso. The 102 W Apiacas hydroelectric power complex features three power plants that include 45 MW Salto Apiacas, 30 MW Cabeca de Boi and 27 MW Fazenda. Enel invested about $287m in the construction of the complex, which powers over 200,000 homes in Brazil. A power purchase agreement (PPA) for 30 years has been entered, under which the power generated from the plant will be sold to a group of energy distributing companies in the country. During the development of the project, EGPB installed a 1.2 MW solar PV facility, which supplied power during the construction period.
Work set to begin on pioneering green-gas-from-waste plant in Swindon
edie.net 25 Nov, 2016
Work is set to begin on a pioneering gas from waste plant in Swindon following the completion of financing. The £25 million facility will be operating bio-substitute natural gas (BioSNG) plant” and will eventually produce 22GWh of gas each year from 10,000 tonnes of household waste. The project has been developed by Advanced Plasma Power, Progressive Energy and National Grid Gas Distribution, the last of which signed a deal this week to provide £6.3 million of funding. It will be sited at Advanced Plasma Power’s premises in Swindon and will make use of the company’s ‘Gasplasma’ gasification technology. Financial backing has also been provided by the Department for Transport Advanced Biofuels Competition and the Network Innovation Competition run by Ofgem.
Parnell Pharmaceuticals Holdings Ltd Announces $20 Million Secured Term Loan Facility
pharmiweb.com 24 Nov, 2016
Parnell Pharmaceuticals Holdings Limited has entered into a US$20 million, senior secured, non-dilutive, term loan agreement with SWK Holdings. The Company intends to use the loan proceeds to repay the previously held $11 million term loan with MidCap Financial and to fund R&D programs, commercialization of its Companion Animal products in the US and general company purposes. The loan is fully funded at closing and has a 48-month term, being interest-only for the first 24 months with interest payable quarterly in arrears. There are no warrants or equity instruments associated with the loan.
Egypt Qarun Petroleum to invest $257mln drill 12 wells
zawya.com 24 Nov, 2016
Qarun Petroleum Company approved new investments of US$257 million among its budget for financial year 2016/17 to drill 12 new wells in Qarun oil fields in Beni Suef governorate, Egypt. The company is currently adopting a plan to boost total production of Qarun fields which is currently estimated at 37,000 barrels of crude oil. It has established an additional treatment subunit at its main plant for crude oil treatment whose capacity is estimated at 50,000 barrels daily.
Qingdao to invest in $423M coal plant
malaya.com.ph 24 Nov, 2016
Qingdao Hengshun Zhongsheng Group Co Limited has signed a contract on a coal-fired project with the Ozamiz Power Generation Inc for $423 million on 23rd November, 2016. Last August, the Department of Energy endorsed to Ozamiz the building of a 300 megawatts coal plant in Misamis Occidental. The plant is planned to be developed in two phases. The first phase is expected to be built as two units with 100 MW capacity each while the third 100 MW unit will be constructed a year after the two units are completed.
Cargill invests $48.6 million to expand poultry processing operations in Thailand
world.einnews.com 24 Nov, 2016
Cargill is investing $48.6 million to expand its poultry processing operations at its chicken products facility located in the Nakhon Ratchasima province in Thailand. A new building annexed to the current facility began construction on 21st October, 2016 and is expected to start operating in the Q1 2018.
Global Business Power Corp. looks to build coal-fired plant in Negros island
bworldonline.com 24 Nov, 2016
Global Business Power Corp. (GBPC) is looking at Negros Island, Philippines as the next site to build a coal-fired power plant after its unit Panay Energy Development Corp. (PEDC) officially launched on 23rd November, 2016 its 150-megawatt (MW) expansion in Iloilo City. In Negros, GBPC is also planning to put up a biomass power plant with a capacity of around 40 MW. The company is also planning a hydroelectric power project in the Visayas, which would have a capacity of “definitely more than 100 MW”.
Gold Coast’s Mantra Group adds five new hotels, more than 900 rooms, in Australia and New Zealand
heraldsun.com.au 24 Nov, 2016
GOLD Coast hotel and resorts operator Mantra is on the acquisition trail, adding five new hotels to its booming portfolio. The Surfers Paradise group has secured five new hotel signings with a combined total of more than 900 rooms across Australia and New Zealand. The hotels are Peppers Southbank in Melbourne; Mantra 900 Hay Street in Perth; Peppers Queenstown Resort in Queenstown, New Zealand; Mantra Club Crocodile, at Airlie Beach, and Mantra Observatory, at Port Macquarie. A new hotel being built in Southbank, the 164-room hotel is set to open in late 2018. The Mantra 900 Hay Street in Perth, WA, is a 26-storey, 250-room hotel, with work on the $38 million 4.5 star property, aimed at business and leisure travellers, due to start early 2017. The hotel is expected to open in late 2018. The Group will operate Singaporean-based Well Smart Group’s new-build 260-room resort development due to open in December 2018. The Group has secured the management agreement to operate the Club Crocodile hotel in Airlie Beach.
Aurobindo’s Europe facility to go on-steam next year
health.economictimes.indiatimes.com 24 Nov, 2016
Aurobindo Pharma’s new manufacturing unit in Europe is expected to go on-stream in 2017. The company also sees opportunities of merger and acquisition in Europe, where it has a limited presence. Meanwhile, on being asked about its future merger and acquisition strategy, the company will be in terms of market expansion and addition of newer platforms in terms of technology.
Yamazaki Baking Invests USD183m for New Bread Plant in Japan
worldbakers.com 24 Nov, 2016
Yamazaki Baking will spend more than USD183m to build a bakery for loaves and sweet buns on the site of a Kobe plant that currently makes frozen dough. The new facility will be the company’s fifth bakery in the Kansai region, raising production capacity there by around 10%. Construction will begin by the end of 2016.
Kolon Industries to build vehicle tire cord factory in Vietnam
pulsenews.co.kr 24 Nov, 2016
Kolon Industries Inc. will build its $220 million automobile tire cord factory at Bau Bang Industrial Park in the southern province of Binh Duong, Vietnam. The company has signed a memorandum of understanding with the provincial People’s Committee on the investment project on 23rd November, 2016. The factory will produce polyester tire cords with an initial annual production capacity of 36,000 tons. It will complete an integrated production line there spanning from fiber spinning and weaving to heat treatment to finished good production ahead of commercial production in H2 2018.
Apple to Set up R&D Center in Jakarta in 2017
en.tempo.co 24 Nov, 2016
Apple Inc will set up R&D centers in early 2017 in Jakarta. The preparation of the project development has progressed to the final stage. The Industry Ministry and the Communication and Informatics Ministry are finalizing the plan. In 2017, they will start building structures.
Ba Ria Vung Tau plans $1.35bn logistics center
english.vietnamnet.vn 24 Nov, 2016
The design option by the Japanese consultant is considered the most optimal and will be submitted to the Provincial People’s Committee for approval shortly. Master planning for the development of logistics services has been created by Ba Ria-Vung Tau province with a scale of more than 1,000 ha, including plans and seeking investment in a logistics center covering about 800 ha at Cai Mep Port, Vietnam. The Cai Mep Downstream Logistics Center includes a deep-water seaport, covering about 100 ha, a wharf of 1,800 meters able to berth 100,000 DWT vessels, and the logistics center. The province has also proposed five investment models for the logistics center. Firstly, the government invests in all infrastructure then leases infrastructure, secondly, foreign enterprises invest in all infrastructure then exploit or sublease, thirdly, domestic enterprises invest in all infrastructure then exploit or sublease, fourthly, domestic enterprises invest with foreign enterprises, and, finally, private enterprises work with State capital in a public-private partnership.
Advanced material supplier Oerlikon announces new additive manufacturing facility
totmagazine.com 24 Nov, 2016
Oerlikon will build a new state-of-the-art additive manufacturing facility in Michigan, USA. The new site, based in Plymouth Township, will be dedicated to producing advanced AM materials and high-end surface coatings. Additionally, the facility will include a research and development (R&D) laboratory to generate further developments of titanium and other alloys for joint R&D projects with customers. It will also have the ability to produce customised powders in small batches. Initially, Oerlikon plans to invest approximately $50 million in the facility. The facility is expected to be fully operational by the end of 2017.
GeoPark to expand drilling Jacana oil field in Colombia
explorationanddevelopment.energy-business-review.com 24 Nov, 2016
GeoPark has announced the expansion of the Jacana oil field in the Llanos 34 Block in Colombia, after successfully testing the Jacana 6 appraisal well. The Llanos 34 block is operated by the company with a 45% working interest. The Jacana 6 appraisal well is drilled to a total depth of 11,684ft and a test is carried out with an electric submersible pump in the Guadalupe formation. Upon testing, the well resulted in a production rate of approximately 1,800 barrels per day (bpd) of 16 degrees API, with a 17% water cut, through a choke of 38/64 mm and wellhead pressure of 80 pounds per square inch following a testing. It still has the opportunity to drill 1-2 more development wells before the end of 2016 and are gearing up to drill another 15+ wells to further appraise this play in 2017.
Cleardata Uk Invests In Wales Expansion
insidermedia.com 24 Nov, 2016
Cleardata UK is investing £1.5m in expanding its operations in Wales. The company is building new offices and warehouses on a 1.8-acre site at Hawarden Business Park in the Deeside Enterprise Zone, US. Work is well underway on building the facility which will comprise an 18,000 sq ft warehouse and 4,000 sq ft office.
Ramdev to inaugurate Patanjali products unit in Nepal
indiaretailing.com 23 Nov, 2016
Indian yoga guru Swami Ramdev will inaugurate a Patanjali Ayurved products manufacturing unit in Bara in southern Nepal. The manufacturing unit, which will produce various Patanjali Ayurved products, has been established by noted Nepali businessman Upendra Mahato at an estimated cost of NRs 1 billion.
Noble Foods to open new Gu Puds plant
just-food.com 23 Nov, 2016
Noble Foods is to open a new production facility for its Gü Puds in the UK town of Bishop’s Stortford next year. Work has already started on the 100,000 sq ft facility, which is expected to open in the summer and will also be used for technical, supply chain and warehouse functions.
Equatorial Resources aims to invest $1.2 bln in Congo iron project
dailymail.co.uk 23 Nov, 2016
Australian mining company Equatorial Resources Ltd will aim to invest around $1.2 billion to develop its Badondo iron ore project in Republic of Congo. An application for a mining license has been submitted. Equatorial Resources estimates annual iron ore production of 40 million tonnes at the Badondo mine and its feasibility study foresees construction beginning next year. Plans for the building of new infrastructure, including construction of a rail line and port to facilitate exports, must be finalised before the project can be developed.
Bulgaria’s Loulis Mel to invest 9 mln euro in flour milling plant.
seenews.com 23 Nov, 2016
Loulis Mel Bulgaria intends to invest some 9.2 million euro in the first stage of a project for the construction of a flour milling plant. The plant will be located in the Bojurishte industrial zone on the western outskirts of Sofia.
Palfinger Bulgaria to invest 5 mln euro in expansion of crane parts plant
seenews.com 23 Nov, 2016
Palfinger Produktionstechnik Bulgaria, a unit of Austrian crane manufacturer Palfinger, plans to invest 5.35 million euro in a project for expansion of its plant for crane components. After the expansion, the plant located in the town of Cherven Bryag, in northern Bulgaria, will be able to manufacture complete cranes, while at the moment it only produces crane parts.
Ashtrom to invest 80 mln euro in Belgrade shopping centre
seenews.com 23 Nov, 2016
Israeli company Ashtrom plans the Rajiceva Shopping Centre in the Serbian capital at an investment of 80 million euro. Completion is expected in 2017. The Shopping Centre will be developed as part of a mixed-use project and the second phase of it incorporates the construction of a luxury hotel. With 15,300 sq m of gross leasable area, the shopping centre will feature an underground parking lot for 500 cars and six floors of leasable space with more than 80 stores. A total of 70% of the stores in the shopping centre have already been leased out, and negotiations are running with a company wishing to operate the hotel. Ashtrom participates in the project through Belgrade-based company ABD d.o.o., entirely owned by Ashtrom Serbia Holdings.
Naver to invest KRW 500 bln in tech, content business
telecompaper.com 23 Nov, 2016
South Korean internet portal operator Naver will invest KRW 500 billion in boosting its technology development and content business over the next five years. Naver plans to spend KRW 100 billion in small businesses and supporting content creators to enter global markets. It has unveiled artificial intelligence (AI)-based chat system AMICA, autonomous driving technology, three-dimensional map system, papago translation system and papago-based web browser Whale earlier in the developers conference in October and these technologies are rapidly applied to actual services. Next year, it will introduce these technologies to the personalized news and content curation system, papago-based dictionary and reply translation system for foreign users as well as AMICA-based voice features applicable to speakers.
China To Invest $268M In Chongqing Shale Gas Project
rigzone.com 23 Nov, 2016
China will invest about $268 million to develop a shale gas project in Chongqing with an annual production capacity of 2 billion cubic meters (bcm) in three to five years. The country has laid out a shale gas development blueprint to pull out 30 bcm by 2020 and 80-100 bcm by 2030 and the southwest municipality of Chongqing has been identified as one of the top five production zones. Four subsidiaries of China’s second-largest energy company China Petroleum & Chemical Corp, or Sinopec, along with local natural gas company Chongqing Xianglong, will build pipelines and other infrastructure for the project in Chongqing’s Wulong county.
GE Aviation, Turbocoating JV Reveals Coatings Facility Location
aviationweek.com 23 Nov, 2016
Advanced Ceramic Coatings (ACC), a 50/50 joint venture between GE Aviation and Turbocoating will build a new coating facility for aircraft engine components in Duncan, South Carolina. The new 5,800m2 center will begin operating in the third quarter of 2017 producing advanced coatings for GE’s high-temperature ceramic matrix composite (CMC) components for the latest generation of jet engines. The two JV stakeholders will invest more than $15 million in equipment for the new facility.
Evonik to expand biodegradable PLGA polymer capacity in USA and Germany
plastemart.com 23 Nov, 2016
Evonik plans to expand production facilities in Birmingham (Alabama, USA) and Darmstadt (Germany). This will create additional capacity for the production of biodegradable polymers marketed globally under the brand names RESOMER and RESOMER SELECT. These poly-lactic-glycolic-acid (PLGA) copolymers are primarily used to manufacture bioresorbable medical devices and controlled-release formulations for parenteral drug delivery. The expansion will involve construction of a new building adjacent to Evonik’s existing facility in Birmingham. The project will also result in new production clean rooms and a laboratory for polymer contract research projects. Commissioning is slated for late 2018. It will also open an applied technology laboratory in Darmstadt at the end of the year to support its customers in the medical device field.
Formaplex Expands Manufacturing Capabilities with 120,000 Sq Ft Facility
memuk.org 23 Nov, 2016
Hampshire-based engineering firm, Formaplex, which supplies tooling and lightweight components to the premium automotive, F1 and motorsport industries, has expanded with the opening of a new 120,000 sq ft technical centre ‘Voyager Park’. This will increase production space by 80% to support the business’ future growth. The new £6 million facility will accommodate a total of 15 injection mould presses to support the rising demands of lightweight moulded components, along with in-house finishing, assembly and metrology departments.
Hood Container to upgrade West Feliciana facility in 2 phases
theadvocate.com 23 Nov, 2016
Hood Container of Louisiana will make a capital investment in two phases and install new equipment at its West Feliciana-based paper manufacturing facility. The two phases of the project include the installation of a modern press section on the facility’s H1 paper machine and a recycling plant for reuse of old corrugated containers. The new press section will allow the local mill to increase containerboard production, while the installation of the recycling plant will support the increased production.
Manor proposes 40-bed memory care facility
mailtribune.com 23 Nov, 2016
Rogue Valley Manor plans to build a 40-bed memory care facility on the eastern perimeter of its Barneburg Hill campus. The single-story, 37,321-square-foot center on just under 8 acres will allow Manor residents to have private rooms. The project is expected to cost $18 million. The Site Plan and Architectural Commission gave its preliminary approval Nov. 18, and plans will be submitted for building permits in mid-December. Construction is anticipated to commence next spring with completion in spring or summer 2018. It is adding a total of 15 beds to the memory care program.
Vertical turbines maker WindStax plans to expand in US, abroad
renewables.seenews.com 23 Nov, 2016
WindStax Wind Power Systems, a designer, manufacturer and installer of large vertical wind turbines, plans to expand US footprint next year and is already exploring opportunities overseas. It is currently carrying out feasibility studies for several micro-wind farms under 5 MW in the US. The firm plans to concentrate on commercial projects in-house and residential installations through a network of distributors in key markets both at home and abroad. To date, WindStax has installed wind turbines in Pennsylvania and Virginia, and expects to execute commercial projects in Ohio next year. Also, it will be looking for distributors in New York.
HCL Infosystems forays into Oman with MoU with Omantel
ET 22 Nov, 2016
HCL Infosystems announced its foray into Oman after signing a Memorandum of Understanding (MoU) with Omantel, a significant player in telecom and related services in the Arab nation. Under the terms of the MoU, Omantel and HCL Infosystems will collaborate to facilitate IT transformation involving a range of services including enhancing Internet of Things (IoT) and Machine to Machine (M2M) infrastructure, delivering e-services, portal content management, and enhanced levels of network optimization and security. In addition, HCL Infosystems will also become Omantel’s strategic partner to execute the Company’s IoT business objectives and will assist in skills training for Omani nationals.
Hero Cycles plans to set up global design centre in UK
HBL 22 Nov, 2016
Bicycle maker Hero Cycles plans to set up a high-tech global design centre in Europe with an objective of developing next generation bicycle design and technology. The Global Design Centre is set to come up in Manchester, UK. The centre, which will invest heavily in innovation and design research to upgrade bicycle technology with a focus on the world market, is expected to start operations in the last quarter of the current financial year. The centre will provide the critical designing, development, prototyping and testing back up for products which will then be manufactured in Hero Cycles’ manufacturing plants in India and Sri Lanka.
German firm to invest N186bn in solar
vanguardngr.com 22 Nov, 2016
A German firm, LTI Re Energy and its Nigerian partner, NIGUS International, have sealed an agreement to light up the zone destroyed by Boko Haram insurgents in the North East zone through renewable energy resources. The firms have made known their intention to commit N180 billion in the development of solar energy in that part of the country. They would soon commence construction of 500 MW of power supply in the zone, beginning with Adamawa State in the next few days. They are waiting to be issued license to commence operation. Funding is completely private sector initiatives.
Korea’s Simone to invest $60 mn in office complex in L.A.
pulsenews.co.kr 22 Nov, 2016
South Korea’s Simone Investment Management Co., unit of Korean handbag maker Simone, plans to invest about $59.6 million in a two-building office complex “the Bluffs at Playa Vista” in Los Angeles, California in the United States. It pooled in several local institutional investors to launch a real estate fund in the project. Simone will invest 10 billion won and the rest 60 billion won coming from others. The 70 billion won fund will be used to purchase mezzanine debt backed by the twin building with an aim to deliver annual returns of 5 percent. The campus consists of two five-story office buildings covering a space of 486,471 square feet.
Malaysian palm oil firm planning to invest $1 billion in Agusan del Sur
bworldonline.com 22 Nov, 2016
Malaysian company Alif Agro-Industrial, Inc. is planning to invest an initial amount of $1 billion to build plants to process palm oil in Agusan del Sur. It is looking for 128,000 hectares in Agusan del Sur which would be used as agricultural economic zones. The company will put up refinery plants to process the palm oil.
Coos Bay breaks ground on new Wastewater Treatment Plant #2
kpic.com 22 Nov, 2016
The City of Coos Bay broke ground on November 21 to kick off the building of Wastewater Treatment Plant #2. It will replace the current plant which was originally built more than fifty years ago and serves the western half of Coos Bay and Charleston. Oregon Department of Environmental Quality and Charleston Sanitary District have been planning for the project since 2003.
Walvis opens first crab processing plant
namibian.com.na 22 Nov, 2016
Amstay Fishing inaugurated a crab processing plant at Walvis Bay, Namibia on 18th November. The processing plant will clean, peel, cook and package the delicate crustaceans for the local and South African markets. Amstay Fishing is 90% Namibian-owned and 10% Japanese-owned.
Chinese Float Cement Factory Plan
khmertimeskh.com 22 Nov, 2016
Chinese-owned Cambodia Capital Mineral Resources Co., plans a cement processing factory at Cambodia. During a meeting between the company and the Ministry of Mines and Energy, the company sought government support before it begins a feasibility study.
Rwanda to construct $350m peat-fired power plant
enca.com 22 Nov, 2016
Yumn Ltd, an international group that includes Turkish coal trading firm Hakan Madencilik AS, energy company Quantum Power and project development firm Themis signed a $350 million deal on 22nd November to finance an 80 MW peat-fired power plant in Rwanda. Production is targeted for 2019. The first peat plant is expected to be completed this year with 15 MW capacity. Yumn s constructing the plant on a Build Operate, Own and Transfer (BOOT) basis with a 26-year of power purchase agreement. Financing is coming from lead arranger for senior debt Africa Finance Corporation and Finnfund, Finland’s development finance company which is lead arranger for the junior debt, as well as PTA Bank, Afrexim Bank, Development Bank of Rwanda and Exim Bank of India.
AJ Machine to construct new facility and add new jobs in Columbia City
kpcnews.com 22 Nov, 2016
AJ Machine, a machining company, recently announced plans to expand its operations in Columbia City. The local business will invest $1 million to construct a new facility. The new 14,900-square-foot facility will have both office and manufacturing space, and will be located along East Business 30 in Columbia City. The Whitley County Council approved a 10-year tax abatement for construction of the new facility. The company is estimated to begin the project this month.
Pfizer announces plans to move into new $200M facility in St. Louis County
kmov.com 22 Nov, 2016
Pfizer has announced plans to move into a state-of-art research and development facility in Chesterfield, St. Louis County. More than $200 million dollars is being spent on this facility. CRG and Clayco will develop and own the new facility. Construction on the building is expected to begin in 2017.
New port facility at Port of Huelva in Andalusia
drybulkmagazine.com 22 Nov, 2016
Impala Terminals held an inauguration ceremony for its new logistics port facility for the storage and blending of minerals and metal concentrates located at the port of Huelva in Andalusia, on Spain’s southern coast. 20% owned by Berge Infraestructuras y Servicios Logisticos SL, and 80% owned by Impala Terminals Group, the new facility has come up for the reception, storage, blending and export for minerals and metal concentrates in western Europe. Over €60 million has been invested by Impala Terminals in the facility, which is capable of handling over 1 million t of imported and exported products each year and has a static storage capacity of approximately 240 000 t. An additional 70 000 m2 of adjacent land is available for future expansion.
ContextMedia Health acquires AccentHealth to expand patient education platform
mobihealthnews.com 21 Nov, 2016
Chicago-based ContextMedia Health, which makes a healthcare decision-making platform, has announced it will acquire point-of-care patient education company AccentHealth. With the acquisition of AccentHealth, ContextMedia will reach 55,000 healthcare locations and power 500 million health consultations in US doctor offices each year. The transaction is expected to close by the end of the year.
JSW Steel plans to restart coking coal mining in US
HBL 21 Nov, 2016
JSW Steel plans to restart coking coal mining in the US by March next year. It owns nine coking coal mines with cumulative resources of 123 million tonnes at West Virginia in the US. These mines, which were acquired from a string of US-based companies in 2010, could not be developed due to fall in coal prices following global financial crisis and the subsequent economic slowdown. Later, it will take up iron ore mining in Chile.
Sigma Pharmaceuticals to expand into WA hospitals
theaustralian.com.au 21 Nov, 2016
Sigma Pharmaceuticals is expanding its reach in hospitals with a move into Western Australia set for early next year. The company has invested in a new CHS warehouse in Perth. Following the Perth expansion, Sigma Hospital Services will have a nationwide warehouse and distribution network. Sigma also recently invested in a 7500 sq m distribution centre at Eastern Creek in Sydney, allowing Sigma Hospitals to receive and dispatch daily shipments.
Logisticians to expand to Balkans
spectator.sme.sk 21 Nov, 2016
Slovak logistic company Budamar Logistics wants to expend to the Balkans, with the aim to focus on railway transport in Croatia and Serbia. The company launched the Budamar South project in June 2016, which focuses on obtaining a position in the Balkan market. It has already acquired a share in Croatian private company PPD Transport, which resides in Zagreb, and also in logistics company Smart Cargo SK. It also wants to acquire a fleet of multi-system locomotives. In the first phase this should concern three locomotives, of which one has already been bought.
Chinese solar firm to build plant in Chernobyl exclusion zone
in.reuters.com 21 Nov, 2016
Two Chinese firms plan to build a solar power plant in the exclusion zone around the Chernobyl nuclear reactor. GCL System Integration Technology (GCL-SI), a subsidiary of the GCL Group, would cooperate with China National Complete Engineering Corp (CCEC) on the project in Ukraine, with construction expected to start next year. The 1-gigawatt plant was part of the group’s plan to build an international presence. CCEC, a subsidiary of state-owned China National Machinery Industry Corp, will be in overall charge of the project.
Danish Crown to open own meat plant in China
scandasia.com 21 Nov, 2016
European meat processor Danish Crown will establish a processing plant in China, invest app. DKK 300 million, as part of its strategy towards 2021. It is to be situated in Shanghai and the production will be based on Danish raw material.
Munich Airport announces expansion plans for Terminal 1
india.etbtravelnews.com 21 Nov, 2016
Munich Airport has announced plans to expand Terminal 1. With the construction of a new pier and a central building complex, the terminal will gain capacity for an additional 6 million passengers per year. The overall architectural design is based on a three-level structure consisting of a core adjoining the existing Terminal 1 and a pier. The expansion project, including the affected arrival areas in the existing Module B, will have a total area of about 80,000 square meters. The general planning will be carried out by the consortium of engineering firms and architects SSF Ingenieure AG / Schüßler-Plan Ingenieurgesellschaft mbH / JSK Architkci Sp. z o o, Warschau/ sop Architekten GmbH. The first construction work on the apron could begin in 2018. The new pier will go into operation in 2022 at the earliest. According to initial estimates, the project will cost a total of 400 million euros, which Munich Airport will finance with its own resources.
LT Foods to set up branch in Rotterdam
Livemint 21 Nov, 2016
LT Foods, a Global Rice Specialist Company, is setting up a plant in Rotterdam. The Indian company will open a branch on the Maasvlakte in the spring of 2017. LT Foods is one of the country’s leading processors and exporters of packaged rice foods under the flagship brand “Daawat”.
Facebook to open new London HQ, create 500 new UK jobs
ET 21 Nov, 2016
Facebook will open a new London headquarters next year. The new office is currently under construction in the bohemian central district of Fitzrovia.
Lidl plans to invest another EUR 60 mln in expansion in Lithuania next year
baltic-course.com 21 Nov, 2016
Germany’s retail chain Lidl has unveiled plans to invest around 60 mln euros in expansion next year. This year it has invested 60 mln euros in Lithuania. It invested 40 mln euros in a logistical center and another 20 mln into the construction of stores. It currently has 21 stores in Lithuania and is opening one more in Panevezys in December. It plans to open a store in the towns of Ukmerge and Utena each in 2017.
Eni To Invest $8 Billion In Offshore Gas Field In Mozambique
oilprice.com 21 Nov, 2016
Italy’s oil and gas major Eni SpA approved the investment plan at US$8 billion for the first phase of development of the Coral gas discovery in deep waters offshore Mozambique. The Coral South project entails the construction of six subsea wells connected to a floating production facility FLNG (Floating Liquefied Natural Gas), with a liquefaction capacity of over 3.3 million tons of liquefied natural gas (LNG) per year. The whole Coral field, located in Area 4, is estimated to contain about 16 trillion cubic feet of gas in place. The project is awaiting the final investment decision (FID). Last month, Eni and its partners signed a binding agreement to sell – for a period of 20 years – all LNG volumes that the Coral South Floating LNG facility would produce to BP Poseidon Ltd.
Gono’s Firm to Invest $80m in Solar Project
thezimbabwedaily.com 21 Nov, 2016
TD Energy will soon invest at least $80 million in the construction of its 40.8 MW solar power plant in Norton. It has already received approval from regulators such as the Environmental Management Agency, Zimbabwe Revenue Authority and the Zimbabwe National Water Authority for its Hunyani Solar Plant. The Zimbabwe Electricity Transmission and Distribution Company (ZETDC), which will buy power from the Norton plant. TD Energy’s unnamed foreign technical partner will fund the project. Construction work is expected to take 56 weeks.
Soltage, Basalt form $140 million partnership to invest in solar
kallanishenergy.com 21 Nov, 2016
Solar power developer Soltage and private equity fund Basalt Infrastructure Partners announced the close of $70 million of a $140 million equity capital partnership to fund over 100 MW of commercial, industrial and utility pipeline solar projects across the U.S. The partnership expects to close the additional $70 million of equity in the first half of 2017, and the partnership will deploy this capital alongside existing tax equity and debt resources. The partners also announced construction has begun on the first projects to be funded. A trio of landfill-sited projects totaling 15 MW installed capacity which the partnership will own and Soltage will operate, will sell power to municipal off-takers in Massachusetts under virtual net metering agreements. The assets are expected to begin commercial operation in early 2017.
Adani to construct solar projects in Australia
business-standard.com 20 Nov, 2016
Adani Enterprises will commence construction of two major solar projects in Australia by 2017, each with an output of 100-200 MW. Land agreements are in place for the projects in South Australia and Queensland, and Adani has commenced the design and tendering phases for both projects. Adani aims to develop renewable energy projects in Australia with a total capacity of 1,500 MW within the next five years.
Nyandarua dairies to set up Sh1.2bn Kipipiri plant
nation.co.ke 20 Nov, 2016
Nyandarua County Investment Forum is planning a Sh1.2 billion milk processor in Kipipiri set to be complete by 2018. The processor will be called Nyandarua Maziwa Industries. So far, the forum has raised Sh30 million that was used to procure a 30-acre piece of land in Kipipiri Sub County and will thereafter lobby the Central government and the county government to pump resources in this project.
Biotech firm Medipost sets up joint venture in Japan
koreaherald.com 20 Nov, 2016
Medipost Co, a South Korean biotechnology firm has set up a 50:50 joint venture in Japan early last month to sell stem cell-based drugs in the Japanese market. The joint venture will begin procedures to get approval for a clinical test of Medipost’s stem cell-based drugs. Medipost’s stem cell-based treatment of damaged cartilage, named Cartistem, won approval for sales from the Korea Food and Drug Administration in 2012.
Morocco, Ethiopia to set up major fertiliser project
tradearabia.com 20 Nov, 2016
Morocco and Ethiopia recently held a launch ceremony of a $2.4 billion partnership project to build a world-class integrated platform for fertiliser production in Ethiopia. The project will require a total investment of nearly $3.7 billion. It will require an investment of $2.4 billion in its first phase in order to produce 2.5 million tonnes/year of fertiliser by 2022. Additional investment of $1.3 billion is expected by 2025 to reach a total capacity of 3.8 million tonnes/year. This industrial platform will consist of an integrated complex of fertiliser production, industrial and storage units.
Formosa Plastics Group to invest US$15 billion in U.S.
focustaiwan.tw 20 Nov, 2016
Formosa Plastics Group has proposed investment projects totaling US$15 billion in the United States. Formosa Petrochemical Corp. has proposed investment projects worth US$10 billion in Louisiana State, while Formosa Plastics has proposed investment projects worth between US$4 and US$5 billion in Texas State, both of which are under evaluation by the U.S. authorities.
ADNOC plans to grow petrochemical business, expand into Asia
gulfnewsjournal.com 20 Nov, 2016
ADNOC Refining & Petrochemicals plans to make significant investments in new projects to grow its petrochemical business over the next five years. These new projects will have a gas and aromatics production focus. The company plans to expand more into Asia.
Plan to set up five more LNG terminals
dawn.com 19 Nov, 2016
The petroleum ministry is working on proposals for the construction of five more terminals at the Gwadar and Karachi ports in Pakistan for handling, regasification, storage, treatment and processing of 3,000 million cubic feet per day of liquefied natural gas (LNG) it plans to import by 2018. At present, the Elengy Terminal is being operated by Engro Pakistan at Port Qasim for regasification of 400 to 450MMCFD of LNG imported from Qatar. Since the terminal has the capacity of 600MMCFD, the government plans to import 200MMCFD more of LNG and add it into the system by January. After attaining the target of 600MMCFD of LNG import and its regasification at the Elengy Terminal, another 600MMCFD will be imported by June and for its handling and regasification, the construction of the second largest terminal has begun and that will be completed by May. The Sui Southern Gas Company is set to accomplish next month the task of upgrading and laying pipelines for the purpose. The Pakistan GasPort Consortium, a wholly-owned subsidiary of Pakistan GasPort Limited, is establishing the country’s second LNG import terminal. The project will provide fuel for three regasified LNG power generation plants of 3,600 MW, being set up by the federal and provincial governments in Sheikhupura, Kasur and Jhang on a fast-track basis. If the new proposals are approved, the government plans to build at least two LNG terminals in Gwadar and three at the Karachi ports. With the proposed construction of five new terminals, the total import of LNG would be 4,200MMCFD by 2018.
SeAH Steel Seeks to Acquire Two Steel Pipe Plants in Texas
businesskorea.co.kr 18 Nov, 2016
SeAH Steel has decided to take over the assets of oil country steel tube post-treatment plants in Houston, which are owned by Laguna Tubular Products headquartered in Mexico, and is in a final round of talks. Laguna’s Houston plant has the post-treatment facilities to produce steel pipes, including heat treatment and water pressure tests. SeAH Steel is also trying to acquire a Houston plant run by Russia-based OMK Tube Inc. At OMK Tube’s Houston plant, there are facilities for both production and post-treatment of steel pipes. The takeover price of the two Houston plants is estimated at around US$100 million.
Soybean plant planned at Spiritwood
bismarcktribune.com 18 Nov, 2016
Planning is continuing for construction of a 125,000-bushel-per-day capacity soybean crushing plant at Spiritwood by North Dakota Soybean Processors, a subsidiary of Minnesota Soybean Processors. The project received a $103,000 grant from Agricultural Products Utilization Commission (APUC) in July for preliminary engineering services. This would be an “integrated soybean crush facility and refinery that would produce soybean meal, refined bleached and deodorized oil and biodiesel.”
Enel starts construction of 180MW solar plant in Peru
pv-tech.org 18 Nov, 2016
Enel Green Power Peru (EGPP), a subsidiary of Italian power giant Enel, has started construction of the US$170 million Rubi solar plant, located in the Moquegua District of Peru’s Mariscal Nieto Province, which will have a capacity of 180 MW. Enel Group is financing the plant. A 20-year power purchase agreement (PPA) has been signed with the Ministry of Energy and Mines. The project is expected to start commercial operation in 2018, supplying energy to the National Interconnected Power System (SEIN) through the Montalvo Substation.
Canadian Solar Energises a 24MWp Solar Power Plant In Japan
finance.yahoo.com 17 Nov, 2016
Canadian Solar Inc. has started the commercial operation of a 24MWp solar photovoltaic (PV) power plant in Yamaguchi Prefecture, Japan on November 16, 2016. Powered by 92,064 Canadian Solar CS6P-260P/CS6P-255P modules, the plant is expected to generate approximately 28,487 MWh of electricity each year, which will be purchased by Chugoku Electric Power Company, under a 20-year feed-in-tariff contract at the rate of JPY40.00 per kWh. With 167MWp of projects under construction and an addition 66MWp of projects that are ready to build, the company is well on track to deliver more solar projects in Japan and is also working on a plan to monetize certain assets in the coming months.
SEPTA approves natural gas power plant
philly.com 17 Nov, 2016
SEPTA’s board approved a $26.8 million natural gas power plant to be built near Philadelphia’s Wayne Junction Station. The 8.8-megawatt plant was proposed more than a year ago as a way to give the authority independence from PECO blackouts for the northern portion of its Regional Rail without costing additional money. Noresco LLC has been tapped to design the plant.
Albania’s Integrated Technology Services to build waste-to-energy plant near Fier
renewables.seenews.com 17 Nov, 2016
Albania’s privately owned Integrated Technology Services will build a 3.8 billion leks waste-to-energy plant near the city of Fier under a contract with the environment ministry. The ministry picked the company’s subsidiary Integrated Technology Waste Treatment Fier to build, operate and transfer the plant to the government under a six-year concession contract. The plant will be built near several villages in the municipality of Fier.
Autoparts maker Inteva Products opens new plant in China
auto.economictimes.indiatimes.com 17 Nov, 2016
Inteva Products has inaugurated a new closure systems and motors & electronics manufacturing facility in Zhenjiang, China. By the end of this year, the company will have opened new sites in five countries. In addition to Zhenjiang, new facilities have been built in Rychnov, Czech Republic; Oradea, Romania; Guanajuato, Mexico and Bangalore, India. It has also expanded its existing facilities in (Oshawa) Ontario, Canada and (Vandalia) Ohio, USA.
Gelita to expand Sioux City plant, create new jobs
siouxcityjournal.com 17 Nov, 2016
Gelita USA Inc. is planning a major expansion of its gelatine manufacturing complex at 2445 Port Neal Industrial Road, US. The Iowa Economic Development Authority Board on 18th November, 2016 will consider approving financial incentives for the project, which would expand the size of the facility.
AMResorts Opens New Hotel in the Caribbean
caribjournal.com 17 Nov, 2016
AMResorts’ new 3rd Now Onyx Punta Cana resort has debuted in Punta Cana, Uvero Alto, includes 502 suites. The property includes five pools including an infinity pool, children’s pool and saltwater pool. The resort also features nine restaurants and 10 bars, along with the company’s Sip, Savor & See program.
CutisPharma opens new drug R&D center in Massachusetts
pharmabiz.com 17 Nov, 2016
CutisPharma announced the opening of a research and development center in Woburn, Massachusetts. The new center will provide office and laboratory space to facilitate the company’s aggressive plans for developing products for FDA approval under its wholly owned subsidiary, RM Therapeutics.
Inpex plans to increase Indonesian Masela LNG plant to 9.5 mil mt/year
platts.com 17 Nov, 2016
Inpex plans to increase the capacity of its Indonesian Abadi LNG project, known as the Masela block, to 9.5 million mt/year from 2.5 million mt/year. It is part of its strategy to make the project economically viable after the Indonesian government decided to change it from floating offshore as planned to an onshore development. The company is currently carrying out the pre-front end engineering design before submitting the Masela’s revised development plan to the government. If the onshore concept gets approved, then the project completion could be delayed to 2026 as it will take Inpex at least one year to study the option.
Bangladesh to set up fertiliser factory in Iran
dhakatribune.com 17 Nov, 2016
Bangladesh is going to set up a urea fertiliser factory in Iran under a joint venture investment with the country. During the meeting, the Industries minister also showed interest to import urea fertilisers from Iran under a government-to-government arrangement.
Sparrow commits to $380M Red Cedar project near MSU
lansingstatejournal.com 17 Nov, 2016
Sparrow Hospital announced it intends to be part of a proposed $380 million mixed-used development project called Red Cedar Renaissance that would be built on the grounds of a former golf course in Lansing, US near the East Lansing border and Michigan State University. Plans for the Red Cedar Renaissance project are being finalized. Once those detailed plans are made available, Sparrow will also be able to complete its planning process for this proposed development. The project would include a full-service hotel, a boutique hotel, five restaurants, 129 town homes and student housing that can accommodate 1,200 people. The facility is expected to be part of a development agreement with the city that’s separate from the Red Cedar project. The entire Red Cedar project can stay on track for a spring 2017 groundbreaking. The proposed Red Cedar project includes plans for a walkway that would connect the Sparrow facility to the full-service hotel.
Telstra to invest up to AUD 800 mln in network expansion
telecompaper.com 17 Nov, 2016
Telstra plans to invest AUD 350 million in new technology and regional base stations over the next 4 – 5 years in Australia. It also plans to spend AUD 240 million to continue its work on the first two rounds of the Mobile Black Spot Programme. A further AUD 100-AUD 200 million will be used for new regional co-investments. With the co-investments, this could represent an AUD 1 billion boost to regional, rural and remote mobile coverage.
Georgia Power unveils solar facility at Fort Gordon
bizjournals.com 17 Nov, 2016
Georgia Power Co. has completed a 270-acre, 30 megawatt solar facility at Fort Gordon near Augusta, Ga. The on-base solar project is a roughly $75 million investment and includes about 137,500 ground-mounted photovoltaic panels. It’s the third such facility the company has completed in partnership with the military. Two others are planned at Fort Stewart and the Marine Corps Logistics Base Albany.
Amazon facility expected to open in North Las Vegas next summer
ktnv.com 17 Nov, 2016
A new Amazon.com fulfillment center is being proposed, along with a large warehouse and distribution center in Nevada for The Honest Company, Inc. The deal with the two companies has not yet been finalized but will now move forward after the Board of the Governor’s Office of Economic Development approved it. The two companies infuse capital investment of more than $43.4 million into the economy. Amazon’s facility will be an 800,000-square-feet facility, located near Lamb Boulevard and Tropical Parkway, and is expected to open in summer 2017. The Honest Company facility will be 600,000 square feet.
SSTAR looking to build research facility, treatment center in Fall River
heraldnews.com 17 Nov, 2016
SSTAR has plans to build a research facility in Fall River, US that will have in-patient treatment beds and an out-patient clinic. One site under consideration is the land that held Border City Mill No. 3 at the corner of Weaver and West streets. It has not yet purchased land or entered an agreement to buy. Decisions on it will be made in the next 30 to 60 days. The preliminary plan is for a 60-bed facility with 30 beds for individuals in a detox program and 30 in a rehabilitation program. An outpatient program, including the use of prescription drugs to curb opioid addiction, such as methadone or suboxone, would also be part of the facility. It is currently completing work on the financial package and the plans for the project.
SUNY Poly Norsk facility plan approved
pressrepublican.com 17 Nov, 2016
SUNY Polytechnic Institute, through the nonprofit Fort Schuyler Management Corp., plans to build a 166,000-square-foot facility that Norsk Titanium will then lease for the manufacture of titanium aerospace components. That plant is expected to start operation sometime in the summer of 2018. Empire State Development will provide $125 million for the project. The Town Planning Board unanimously approved the detailed preliminary plan, as well as a subdivision and State Environmental Quality Review associated with the project. The subdivision carves out a 22-acre parcel for the facility and a 17-acre parcel from the former 584-acre Clinton County Airport property.
Vodafone to invest €250m in Irish network upgrade
irishexaminer.com 16 Nov, 2016
Vodafone Ireland is to invest more than €250m in further improving its network, which would take total investment in the past four years to around €800m. It will invest over €250m in 2016/2017 in its network and IT transformation programme. It intends to proceed with the IPO of its Indian unit as soon as market conditions allow, but not before next March.
Vasari Energy to expand Arizona PV projects to 140MW worth of generation capacity
pv-tech.org 16 Nov, 2016
Vasari Energy is expanding its utility-scale solar projects in Maricopa County and Gild Bend, Arizona – doubling the company’s solar generation installations within the state and boosting capacity from 68MW to 140MW. As part of the expansion, Vasari Energy plans to develop and oversee a solar plant which will be constructed on 364 hectares of land and will be connected to the Arizona transmission grid. The project will be developed through Sonoran Solar Development Partners, LLC, a wholly-owned development partnership of Vasari Energy. Construction is expected to begin in October 2019, with the site then expected to begin delivering power by October 2020.
Google announces new London office, 3,000 jobs expected
PTI 16 Nov, 2016
Google will expand its vast campus in central London. It would add a new office building to a complex currently under development behind London’s King’s Cross train station. The ten-storey building adds to Google’s previously-announced plans in the British capital, with 2,500 Google employees already working in one office and more due to move into a building set to open in 2018. In total 7,000 Google staff will eventually be working at the King’s Cross hub, with no date given for the opening of the newly-announced third office.
IGas Energy gets OK for Nottinghamshire shale gas exploration
digitallook.com 16 Nov, 2016
Shale gas developer IGas Energy has been granted planning consent by Nottinghamshire County Council to drill two exploratory wells in Misson Springs, North Nottinghamshire.
Mauritius to set up Ayurvedic hospital
BS 16 Nov, 2016
Mauritius could soon be coming up with an Ayurvedic hospital.
US Corporation to invest over $60m in two projects in Georgia
agenda.ge 16 Nov, 2016
The delegation from the United States government’s Overseas Private Investment Corporation (OPIC) is visiting Georgia’s capital Tbilisi to meet the local authorities and discuss two new projects for the country. The first project was about opening the 120-bed Mother and Child Medical Centre in Tbilisi, while the second project included the construction of new dock complex in Georgia’s Black Sea port city Poti. The Medical Centre would be built in accordance with the United States (US) standards. The total cost of the project will be $27 million USD where the OPIC will contribute $17 million co-financing. The second project that aimed to build a new dock complex would cost $100.5 million. OPIC will allocate $50 million for co-financing the project.
Paarl Waste Water Treatment Plant Gets an Upgrade
allafrica.com 16 Nov, 2016
The upgraded Paarl waste water treatment plant in the Drakenstein Local Municipality has been officially unveiled on 15th November. The upgraded plant will improve the quality of water. The Paarl waste water treatment works (WWTW) project is one of the Regional Bulk Infrastructure Grant projects. The Department of Water and Sanitation and the municipality have invested over R225 million for the development of the infrastructure.
Cook Group Expanding Indianapolis Facility
indianapublicmedia.org 16 Nov, 2016
Bloomington’s Cook Group is expanding. It is spending about $16.5 million dollars to grow its medical research and development facility in Indianapolis. The facility has been open since 2012. The money would be used to add more square footage and purchase additional lab equipment.
Tidelands Health breaks ground on new facility in Horry County
southstrandnews.com 16 Nov, 2016
Tidelands Health and the Medical University of South Carolina held a groundbreaking ceremony Nov. 14 for a new, $11-million building to house the Tidelands Health MUSC Family Medicine Residency Program. It is located on Holmestown Road, in the Burgess community of Myrtle Beach. The program will provide three years of hands-on training in family medicine for doctors who have graduated with their medical degrees.
Ruxton Chocolates breaks ground on suburban Baltimore facility
candyindustry.com 16 Nov, 2016
Ruxton Chocolates, the Baltimore-based manufacturer of Mary Sue Easter Eggs has broken ground on a 100,444-sq.-ft. facility. With help from $8 million in industrial revenue bonds from Baltimore County, Ruxton Chocolates will consolidate operations in Middle River. The company currently has two facilities in the city. Baltimore County documents show 1412 Tangier, a limited liability company named for the new facility’s address, has acquired 10 acres of land to build the facility. The company will lease the facility to Ruxton Chocolates. 1412 Tangier will repay the bonds, used as an economic development tool. The new facility is expected to open in summer 2017.
El Paso Electric to build Holloman solar facility
elpasoinc.com 16 Nov, 2016
The U.S. Air Force and El Paso Electric will partner on a 5-MW solar facility at Holloman Air Force Base near Alamogordo, New Mexico. Construction is expected to begin in December, and the utility’s first military solar project is expected to be operational by 2017. It’s expected to generate enough electricity to power 1,800 homes. The contract with Holloman will cover the project’s costs.
Steel company building 234,000-square-foot facility in Commerce City
bizjournals.com 16 Nov, 2016
Intsel Steel, a steel distribution company, has begin construction of a 234,000-square-foot facility in Commerce City on 55 acres. The company plans to install a BNSF rail spur as well. Completion is expected by spring 2017. Intsel, a unit of Houston-based Triple-S Steel Holdings Inc., provides beams, plates, tubing and other structural-steel products to steel fabricators. The Commerce City site will operate under its Intsel Steel West division. It will make a $14.5 million capital investment in the new site.
Japan-based auto parts manufacturer to expand in Bloomington
wishty.com 16 Nov, 2016
Tsuchiya Group, Japanese automotive parts maker will invest $92 million for a new headquarters and research center in downtown Bloomington. The Bloomington facility will be the company’s first engineering and design center in North America. A ground breaking is expected for 2018.
Roche launches global initiative for cancer treatment research
BS 15 Nov, 2016
Roche has launched the global cancer immunotherapy Centers of Research Excellence (imCORE) network. This network brings together many of the world’s leading scientific and clinical experts in cancer immunotherapy to collaborate in investigating the most promising new treatment approaches. The goal is to rapidly initiate pre-clinical and clinical research based on the latest scientific discoveries and to aggregate and share data to accelerate the search for cures for people with cancer. Roche will invest up to Swiss Francs 100 million to support basic and clinical research collaborations related to cancer immunotherapy.
FedEx begins operations in the new logistics centre in Mexico
statimes.com 15 Nov, 2016
FedEx Express began operations at a new FedEx Logistics Centre located in the El Peral Industrial Park in the municipality of Cuautitlan Izcalli in the State of Mexico. The centre is part of a five-year expansion plan by FedEx in Mexico. The new 270,000 sq. ft. facility will allow the company to consolidate all logistics operations in one place, providing better control of inventory with real-time visibility and traceability of all shipping and movements. The highlights include: 26 loading and unloading platforms; more than 86,000 sq. ft. of storage space in selective rack systems of up to seven levels with 12,734 available positions; mezzanine with three levels of 15,000 sq. ft. each; maquila added-value station; post-sale reverse logistics customer care area; control tower for monitoring critical deliveries throughout the country; inventory administration operated by state-of-the-art WMSs and modulated growth capacity.
Kotak Mahindra Bank gets RBI nod to Open its First Overseas Branch in Dubai International Financial Centre
indiainfoline.com 15 Nov, 2016
Kotak Mahindra Bank (Kotak), on 15th November, 2016 announced that it has received Reserve Bank of India’s approval to set up its branch in Dubai International Financial Centre (DIFC), Dubai. The approval from RBI is subject to the necessary approvals to be received from the host regulator viz., Dubai Financial Services Authority (DFSA). Through this branch, Kotak will be able to raise off-shore deposits from Individuals and non-individuals and also offer off-shore asset products.
UAE-Singapore JV plan aluminium products plant in Abu Dhabi
gulfbusiness.com 15 Nov, 2016
Emirates Aluminium Rolling (Emiroll), a joint venture between Dubal Holding, Dubai Investment Industries (a subsidiary of Dubai Investments PJSC and Madar Aluminium Rolling Singapore (MARS) is setting up the plant in Abu Dhabi’s Khalifa Industrial Zone, Abu Dhabi at an investment of $120m. The plant will produce 65,000 tonnes of aluminium coils annually for use in the oil and gas refining industries and it will go on-stream by the Q3 2017.
Thar coal project enters construction phase
tribune.com.pk 15 Nov, 2016
Engro Corporation has been consistently pursuing a coal mining and power project in Thar that has entered its construction phase. Sindh Engro Coal Mining Company (SECMC), which works in partnership with the Sindh government, has been allotted Thar block-2 in Pakistan which contains 1% (1.57 billion tons) of Thar coal reserves. The company is also setting up coal-based power plants with over 600MW production capacity at the mouth of the mine. Financial close of the project was achieved in April 2016 and work is planned to be completed in 42 months. The project would be ready on 3rd June, 2019. The Thar project has become part of the China-Pakistan Economic Corridor and Beijing is providing 50% of financing at London Interbank Offered Rate (Libor) plus 4.5%. The remaining funds are being provided by Pakistani financial institutions.
Majid Al Futtaim to invest $71m in Sharjah mall
constructionweekonline.com 15 Nov, 2016
Majid Al Futtaim will invest $71m in its City Centre Sharjah as part of a redevelopment initiative, set for completion in the Q4 2017. While increasing the mall’s fashion and lifestyle brands by 25 new stores, boosting the total number of retailers to 150 and adding 13,700m2 of retail space, City Centre Sharjah’s expansion will also include a 12-screen VOX Cinemas, a City Centre Clinic and four new dining options. City Centre Sharjah’s enhancement will include an interior design, upgraded public areas and facilities such as prayer rooms, as well as improved entry points via welcome courts and 700 new covered parking spots.
Almac Group Outlines £27M Investment Plans
insidermedia.com 15 Nov, 2016
Almac Group is to invest £27m as part of plans to expand its operations in Europe and North America. It will pump £20m into its US site in Pennsylvania. This investment will include expanding an existing 240,000 sq ft facility and leasing a 26,000 sq ft office space in nearby Lansdale. The Group is also investing about £5m in building a laboratory and office facility at its global headquarters in Craigavon, Europe. Finally, a further £2m is being invested in the development of the Arran Chemical Company facility in Athlone which is acquired by Almac last year.
Hyosung to invest in PP production facility in Vietnam
fibre2fashion.com 15 Nov, 2016
Hyosung Corporation has proposed to invest in a polypropylene (PP) manufacturing plant in Vietnam. The plant which will be set up on an area of 608,910 sq. metres in Ba Ria Vung Tau province, will be set up in two phases. The company will invest $336 million for a capacity of 300 million tons per year in the first phase. In the second phase, it will invest $226 million for a capacity of 300,000 tons per year for another PP plant.
Singapore, Malaysia to sign high-speed train agreement
bangkokpost.com 15 Nov, 2016
Singapore and Malaysia are expected to sign the bilateral agreement on developing the highly anticipated high-speed rail that will link the two countries early December 2016. The signing of the agreement will pave the way for construction to start in 2018, and the train is targeted to begin operations by 2026. The draft agreement would detail the cost and revenue-sharing aspects of the project, and whether the countries would build a tunnel or a bridge across the Johor Strait to link the rail. The proposed 350 kilometre double-track train will slash travel time, with terminus stations in Bandar Malaysia and Jurong East.
Slovnaft to invest $500 million by 2020 to upgrade petrochemical unit
hydrocarbonprocessing.com 15 Nov, 2016
Slovnaft, owned by Hungary’s MOL, will invest $500 million by 2020 to upgrade its petrochemical unit in Slovakia. The investment is part of MOL’s strategy to invest $4.5 billion in petrochemicals by 2030. It aimed to increase the share of non-fuel production to 50 percent from the current 10-15 percent. The refinery’s throughput is 124,000 barrels per day.
Precast concrete manufacturer to build facility in Charlestown
newsandtribune.com 15 Nov, 2016
Ohio Valley Precast plans to build a 35,000 square foot facility at 15000 Rocket Plant Road, Charlestown, US. Clark County Council approved a resolution establishing an approximately 100 acre economic revitalization area for Ohio Valley Precast. The company will invest $12 million in constructing their Clark County facility, which will be completed by the Q2 2017. The first two phases of constructing the facility will take up 15 to 20 acres of the economic revitalization area, but Ohio Valley Precast wanted room to expand.
Bombardier facility in WV to expand, add jobs
wvgazettemail.com 15 Nov, 2016
Bombardier is expanding its West Virginia Air Center in Bridgeport, US. The center repairs parts of the company’s aircraft used by different commercial airlines. The service center will expand from 145,000 square feet to 300,000 square feet, and the number of maintenance lines will increase from nine to 20. The expansion project is slated to begin in the spring of 2017. After the expansion, the facility will provide maintenance services such as wheel and tire overhaul, non-destructive testing, tooling design and interior refurbishment for its aircraft. The state Economic Development Authority gave initial approval in September for Bombardier to receive an additional $7 million to improve its Bridgeport facility in areas such as HVAC systems, security cameras and the repainting of the hangar’s exterior.
ExxonMobil Petchem Expansion Near Houston Fueled by Shale Gas, Liquids
naturalgasintel.com 14 Nov, 2016
A production unit is being added to ExxonMobil’s Beaumont polyethylene plant east of Houston fueled by unconventional natural gas to boost capacity by 65%, or 650,000 metric tons/year. Construction of the new petrochemical unit has begun at the plant, where current polyethylene production capacity is 1 million metric tons/year (mmty). Startup is expected in 2019. The Beaumont project builds on supply advantages created by it’s expansion of its Mont Belvieu Plastics Plant in Texas, where two similar polyethylene units are being added. Combined, the multi-billion dollar investment would increase the company’s U.S. polyethylene production by 40%, or nearly 2 mmty.
China’s Tangshan to build new $5.5 billion steel project, cut capacity
reuters.com 14 Nov, 2016
Tangshan will create a new steel conglomerate and relocate 8 million tonnes of annual production capacity to a site on the coast. The city will consolidate 10 local steel firms and invest 38 billion yuan to build the new Tangshan Bohai Steel Project. The project will be sited 40 kilometers from the city’s old steel district of Fengnan. Construction finally got under way last week. The project will be completed in four years.
Daibochi to invest RM29m to expand into Myanmar
thestar.com.my 14 Nov, 2016
Daibochi Plastic and Packaging Industry Bhd will invest USD 6.8mil to set up a joint venture company in Myanmar. The flexible packaging manufacturer on 14th November, 2016 inked an memorandum of agreement with Myanmar Smart Pack Industrial Company Ltd (MSP) to set up a production facility in Myanmar, under the JV company, Daibochi Packaging (Myanmar) Co. Ltd. (DPM). The JV company will take over MSP’s existing business, premises and equipment in Myanmar. The group also plans to invest an additional capital expenditure of US$5.5mil over three years to enhance the production capacity, quality and efficiency of the manufacturing facility.
China Plans 58 mn kw Nuclear Power By 2020
weeklyvoice.com 14 Nov, 2016
China will have 58 million kilowatts (kw) of installed nuclear power by 2020. The government will have around 30 million kw of nulcear energy facility going into operation and over 30 million kw of such facility under construction in the next five years. China is expected to require about 6.8 trillion to 7.2 trillion kw of power by 2020, with per capita power consumption of about 5,000 kw, close to the level of medium-developed countries.
Wants Rupganj Gas Field pipeline by Dec 7
dhakatribune.com 14 Nov, 2016
Titas Gas Transmission and Distribution Company have to complete the pipeline construction work by 7th December, 2016 to provide natural gas to national grid from newly discovered Rupganj Gas Field in Narayanganj, Bangladesh. The gas field discovered by the Bangladesh Petroleum Exploration and Production Company Limited (Bapex) could supply 10 million cubic feet of gas with which a 50 megawatt (MW) power plant could be powered or around 100 large scale industries could be operated. The authorities plan to set up a 6 km-long gas transmission line to feed it to the national grid. It needs permission from the Roads and Highway Department for the project.
Bulgaria and Romania launch gas pipeline
hellenicshippingnews.com 14 Nov, 2016
Bulgaria and Romania opened a new natural gas pipeline on 11th November, 2016. The 25-km pipeline, which runs under the Danube River and can operate in either direction, will allow Bulgaria to import gas from Europe. It will also support Bulgaria’s bid to create a regional gas hub at the Black Sea port of Varna. In April, Bulgaria and Romania signed a contract with Austrian construction firm Habau to complete their 24-million euro interconnector. The pipeline has a maximum capacity of 1.5 billion cubic metres (bcm) of gas per year from Bulgaria to Romania while the capacity going the other way is 500 million cubic metres per year.
Hungary’s MOL Group to invest US$1.9 bln in petrochemical business
plastemart.com 14 Nov, 2016
MOL Group has revealed plans to invest US$1.9 bn until 2021 to develop its petrochemicals business. The first phase strategic projects in petrochemicals are expected to contribute $250m-$300m annually to its EBITDA, while the weight of customer services is expected to exceed 20% of its total EBITDA by 2021. The company will invest more than US$500 mln into its steam crackers in Hungary and Slovakia. MOL is also planning to invest in propylene oxide based polyols, a high-value product applied in the automotive industry, packaging and furniture manufacturing.
Strategic Minerals to invest A$250,000 into its joint venture
proactiveinvestors.co.uk 14 Nov, 2016
Strategic Minerals PLC has agreed a deal to pump A$250,000 into its joint venture company, Central Australia Rare Earths Pty Ltd (CARE). The cash will be used to fund the drilling of CARE’s Mount Weld gold and rare earth prospect, as well as the continuation of exploration works at its Hanns Camp nickel sulphide project in Western Australia. Drilling at Mount Weld and over ground electromagnetic surveying are expected to be carried out in H1 2017.
Federal Bank to open its first overseas branch in Dubai
hindubusinessline.com 14 Nov, 2016
Federal Bank on 14th November, 2016 has received Reserve Bank of India (RBI)’s permission to open its first international branch at the Dubai International Financial Centre. The permission is subject to other approvals from the host regulator, Dubai Financial Services Authority. The proposed branch will help the Bank serve its Non-Resident clientele better.
Orange to build 34 MW of solar projects in Jordan
pv-magazine.com 14 Nov, 2016
The Catalyst MENA Clean Energy Fund’s financing will be provided for up to five solar plants in Jordan, for telecommunications company Orange, with an expected capacity of 34 MW. Construction is due to begin in 2017. The catalyst fund currently has USD 47 million to invest in renewable energy projects, and it’s looking at Tunisia, Morocco and Egypt for the next investment.
Taos Ski Valley village proposes wastewater facility expansion
taosnews.com 14 Nov, 2016
The village of Taos Ski Valley, Mexico is asking for public comments on a proposal to expand and upgrade its existing wastewater treatment facility. The facility is currently rated to treat up to 167,000 gallons of waste per day. The facility handles about 120,000 gallons. The wastewater upgrade is expected to cost $6 million. The village received a $500,000 grant/loan from a state water revolving fund. The village would like to begin construction next summer.
Eni to develop 20-50 MW solar plant in Ghana
pv-tech.org 14 Nov, 2016
Eni has entered into a cooperation agreement with the Savannah Accelerated Development Authority (SADA) for the development of renewable energy projects in Ghana -in particular, for a 20 to 50 MW solar plant. The plant is to be located in the Northern Savannah Ecological Zone (NSEZ) and the two companies are to participate in assessing the technical and economic feasibility of the project. Also, the company most recently partnered with Sonatrach for a 10 MW PV plant in the Bir Rebaa North (BRN) field.
Acciona connects 246 MW solar plant to the grid in Chile
pv-tech.org 14 Nov, 2016
Acciona Energia has connected its 246 MW El Romero Solar plant to the Central Interconnected System (SIC) grid located in the municipality of Vallenar, in the Atacama region of Chile. Construction took 13 months using 776,000 modules across 280 hectares and requiring an investment of US$343 million.
Suiza Dairy breaks ground on $30M Aguadilla plant
newsismybusiness.com 14 Nov, 2016
Suiza Dairy announced the start of construction of Puerto Rico’s first milk plant to be located in Aguadilla, US. The project entails a $30 million private capital investment. The construction of the state-of-the-art plant starts in 2017 and will be ready to operate in 2018. The plant will make omega milk with fiber and prebiotic. The plant is the result of a collaborative effort between Grupo Gloria, the Municipality of Aguadilla and the Agriculture Department.
DPC investing $18.3m in new power plant
dealstreetasia.com 14 Nov, 2016
DMCI Power Corp (DPC) is investing up to $18.3 million in the building of a new bunker-fired power plant in the Philippines. The 3×6.3-megawatt plant will be constructed at Irawan village in Puerto Princesa City, in the province of Palawan upon the request of the Palawan Electric Cooperative (PALECO). The power facility is targeted to commercially operate by last quarter of 2017.
FlamencoTech to set up lab in US; invests $1 million
Deccan Herald 13 Nov, 2016
FlamencoTech, a software-as-a-service-based (SaaS) solution provider owned by FutureIP will invest $1 million as part of its expansion plan and is going for expansion in the North American and Asia-Pacific (APAC) regions. For the North American expansion, the company has already identified Harbour Industries as its partner. It has committed an investment of $0.5 million along with Harbour Industries to establish a technology lab in Chicago. The US partner will also invest the rest of the money in the lab, and it will be ready by this December. As part of the expansion plan, FlamencoTech will invest $0.5 million in the operation side too. Though it is looking at raising funds through internal accruals, it is holding discussions with VCs on raising funds.
S. Korean firm to set up deck plate factory in PH
business.mb.com.ph 13 Nov, 2016
Duckshin Housing, South Korea based construction and engineering company, is planning to invest in a deck plate manufacturing plant in Philippines next year. It has been conducting market surveys to support the establishment of a local branch in the Philippines to increase its market presence. Deck plate construction innovation is a building material used during construction for buildings, large high-rise, commercial and industrial structures and bridges. It is used as bottom formwork when placing concrete.
BIRD to invest $4m in renewable energy projects
globes.co.il 13 Nov, 2016
The BIRD Foundation will provide $4 million grants for five joint Israeli-US renewable energy and energy efficiency projects. The chosen projects are: an automatic heliostat cleaning device aimed at boosting power production and reducing operating costs; development of an ethanol production process from agricultural waste at low prices; development of an analytics system which will predict and identify commercial roofs suitable for solar systems; development of lower-cost catalysts for energy storage devices; and, developing an electrostatic speaker with significant energy savings. The Israeli companies and academic institutions which have cooperated with US entities are BrightSource Industries, CelDezyner, Solview Systems, Waves Audio and the Technion
Rubber World Industries to invest USD 2 million to further expand its factory in Ajman
zawya.com 13 Nov, 2016
Rubber World Industries (RWI), the manufacturer of closed-cell rubber insulation ‘Gulf-O-flex’ in the Gulf and South East Asia and part of the international business conglomerate, the Shaikhani Group of Companies, is going to invest USD 2 million to further expand the current production facilities. This will involve additional production lines, new equipment and a new R&D laboratory. This new expansion is expected to triple the manufacturer’s production capacity within Q1 2017. RWI will also introduce Glass Wool Thermal Insulation to its line of products.
Lark expansion set to break ground Monday
bozemandailychronicle.com 13 Nov, 2016
A 29-room, four-story expansion to the Lark Hotel is set to break ground on 14th November at the corner of Main Street and Grand Avenue in the US. Formerly the site of the vacant Imperial Inn, the 38-room Lark opened in 2015. The expansion project has an expected completion date of spring 2018.
Wadi Degla opens Sh2 billion Nairobi facility at Runda
the-star.co.ke 12 Nov, 2016
Wadi Degla Holding has opened the doors to its massive Ksh2 billion Sports, Social and Leisure club following the completion of construction works by a team of Kenyan and Egyptian engineers. The club, located in Runda, off Kiambu road, now becomes the first to open of three clubs that Wadi Degla Clubs is building in Nairobi, part of a KSh10 billion investment by the Egyptian corporation. Wadi Degla Runda club is a multi-sport facility inspired by modern Egyptian architecture.
NIA opens new logistics centre in Dubai
tradearabia.com 12 Nov, 2016
NIA, a UAE-based enterprise dealing in home appliances and HVAC (heating, ventilation and air-conditioning) solutions, has opened a sprawling new headquarters at Jebel Ali free zone area (Jafza) in Dubai. The facility will function as the design, marketing and logistics centre for the company’s marketing and warehousing requirements. The facility will house 14,000 sq m of office space, 3000 sq m of office area, and a warehouse spanning 9,000 sq m. The facility will offer services including a technology centre displaying the latest developments in air conditioning, an academy for training and certification of engineers, as well as logistics and operations, with total storage capacity of 100,000 units. It also aims to expand operations from CIS to Africa in the future.
California dairy digester system complete, plans expansion
biomassmagazine.com 11 Nov, 2016
Mass Energy Works is the developer and operator of the covered lagoon, 800-kilowatt digester system at Open Sky Ranch Dairy in Riverdale, California. It secured funding for this project, part of which was a $973,000 grant via the California Department of Food and Agriculture’s Dairy Digester Research and Development Program. For this project, Mass Energy refurbished and redesigned a former Vintage Dairy Digester-the original digester was decommissioned by a separate owner and developer in 2010-to supply power for the dairy. Now, the dairy is 100 percent sustained by its own energy, and an expansion is in the works, hoping to install a second engine by the end of next year.
Dalian Wanda to invest $14.7 billion in tourism, mall projects in China’s south
Reuters 11 Nov, 2016
Chinese conglomerate Dalian Wanda Group Co Ltd will increase its investment in the southern province of Hunan by 100 billion yuan to build a mega cultural and tourism project and 15 shopping malls. Most of the investment will go to Changsha, Hunan’s capital city. It will add five more “Wanda Plaza” shopping malls in the city, and spend 50 billion yuan to build a “Wanda City” – a development that usually includes theme parks, shopping malls, hotels and residential projects. Wanda is building similar projects around the country and would look to build at least 20 such complexes in China.
Shell Plans to Invest $10 Billion in Brazil Over Next Five Years
wsj.com 10 Nov, 2016
Oil major Shell is planning to invest $10 billion in Brazil as part of a bid to double its global deep water production by the early 2020s. That would come on top of the more than $30 billion in capital the company says it has deployed in Brazil, where it operates 5,500 energy stations and acquired a large number of oil-and-gas assets earlier this year via its takeover of BG Group PLC.
Australia approves Adani coal mine project
livemint.com 11 Nov, 2016
Adani’s plan to build one of the world’s largest coal mines in Australia received a boost on 10th November, 2016 by a last-minute amendment to Queensland’s new water laws that would exempt the Indian mining giant’s controversy-hit 21.7 billion dollar project from any public objection process. The Queensland government has granted Adani’s Carmichael mine project in the Galilee Basin an 11th-hour exemption to new water laws that could have seen the project subjected to further legal challenges.
Construction completed for Detroit’s light rail system
washingtontimes.com 11 Nov, 2016
Detroit (AP) has completed construction work on Detroit’s light-rail system in US. It welded the final pieces of rail, completing the QLINE track that extends 3.3 miles north along Woodward Avenue from downtown. Next up is training and testing of streetcars.
Holcim Inaugurates Cement Terminal in Lampung
jakartaglobe.id 11 Nov, 2016
Holcim Indonesia inaugurated a Rp 400 billion new cement terminal in Lampung, Indonesia. This terminal uses the latest technology and environmentally friendly equipment and a jetty to support the operation. The terminal-which is designed to process up to a million metric tons of cement annually- is built on 4.7-hectares in Rangai Tritunggal village.
Second Hyatt Place Hotel Set To Open In The United Kingdom
hospitalitynet.org 11 Nov, 2016
Hyatt Hotels Corporation announced on 11th November, 2016 that a Hyatt affiliate has entered into a franchise agreement with M&L Hospitality for a Hyatt Place hotel in London, to be managed by Cycas Hospitality. Hyatt Place London Heathrow Airport will mark the second Hyatt Place hotel and the fifth Hyatt-branded hotel in the United Kingdom. Expected to open in early 2017 following an extensive renovation of the existing building. Hyatt Place London Heathrow Airport will offer: 350 spacious guestrooms, including a plush Hyatt Grand Bed, media and work center with a 42″ flat-panel HDTV and comfortable Cozy Corner sofa-sleeper, Gallery Hosts unique to the Hyatt Place brand who are available 24/7, 24/7 Gallery Market offering grab ‘n go items, such as snacks and sandwiches, Coffee to Cocktails Bar featuring specialty coffees and premium beers, as well as wines and cocktails, Meetings Spaces, offering seven flexible, high-tech meeting/function space that can accommodate 2-100 delegates, 24-hour StayFit Gym featuring fully stocked exercise equipment
Nyack Hospital $22 million expansion approved
lohud.com 11 Nov, 2016
Work on a $22.2 million expansion project at Nyack Hospital, New York will soon be underway. The hospital’s proposal to build a two-story, 16,300 square-foot addition, which will house a redesigned emergency department and outpatient facility, was unanimously approved on 07th November, 2016 by the Nyack Village Planning Board. Construction is expected to begin by late fall and end by early 2018. The addition approved by the Planning Board not only includes a redesigned emergency room, but also a “medical village” outpatient facility of primary and specialty health providers.
Genoil Signs Letter of Intent for $50 Billion of Work in Russia and Chechnya
oilandgas360.com 11 Nov, 2016
Chinese banks will finance the 3.5 MMBOPD project with heavy oil upgraders. Genoil Inc. has signed a letter of intent (LOI) for $50 billion worth of projects in Russia and Chechnya. The engineering company will develop oil fields and construct clean technology upgraders, refineries and pipelines in Russia. The project is designed to produce 3.5 MMBOPD, adding to Russia’s output at a time when the country is producing at a post-Soviet high. Deal includes building new refinery capacity. As part of the LOI, Genoil will be responsible for the design and construction of six million tons per year of new refinery capacity in Chechnya. To facilitate this, Genoil will organize a consortium of Chinese engineering and services companies to provide all the necessary support and project guarantees.
Kazakhstan, S. Korea plan joint oil & gas processing projects
en.trend.az 11 Nov, 2016
Kazakhstan and South Korean discussed the expansion of cooperation in the energy sector and the possibility of implementing joint projects in oil and gas processing. The parties also discussed the medical tourism and the possibility of creation of a free trade zone between South Korea and the Eurasian Economic Union, and a wide range of issues of bilateral cooperation, including trade and economic, financial, investment, transport and communications, research and technical cooperation.
UMW Oil & Gas wins jack up contract for Ophir field
seatrade-maritime.com 11 Nov, 2016
UMW Oil & Gas (UMW-OG) wins a contract for the provision of a Jack-Up Drilling Rig and Services for the Ophir Field, Terengganu, Malaysia. It will use its UMW NAGA 2 to fulfill the contract, which is to drill three wells for a minimum duration of fifty days, commencing in second quarter of 2017. The contract was awarded by Ophir Production, a joint venture between Octanex, Scomi D&P and Vestigo Petroleum.
MidAmerican Energy completes 71-mile Iowa transmission line
elp.com 10 Nov, 2016
MidAmerican Energy has recently completed construction on the new 345-kV transmission line in Franklin, Butler and Black Hawk counties in Iowa, US known as Multi-Value Project (MVP) 4. The line spans 71 miles in northeast Iowa from Hampton to a location just east of Waterloo. It is also expanded a substation in Black Hawk County and upgraded the existing transmission lines along the same route.
Microsoft, Tata set up group to invest in Israeli IoT
timesofisrael.com 10 Nov, 2016
Microsoft Ventures, a unit of China’s HNA, India’s Tata, GE Ventures and Qualcomm Ventures will join forces with Tel Aviv University and Pitango Venture Capital to set up a new $20 million fund to invest in Israeli startups that are developing Internet of Things (IOT) technologies. The new consortium will be called Israel IoT Innovations – i3 Equity Partners (“i3”). The new initiative “will be the first stop for IoT-related startups looking to access the main global players in the IoT space. The i3 collaboration plans to fund three to five high-potential seed and pre-seed startups annually with a financial investment of up to $1 million each. Selected companies will also benefit from technology, tools, mentoring, business development and other services. The i3 venture will be located at Tel Aviv University, Israel enabling startups to be close to the campus with its multiple research and service centers.
Calumet seeks to invest $30 million in Superior refinery
superiortelegram.com 11 Nov, 2016
Calumet Specialty Products Partners L.P. submitted a permit application to the Wisconsin Department of Natural Resources, seeking permission to move ahead with a $30 million project designed to improve the efficiency of the Superior refinery, USA. The project would improve the refinery’s ability to adjust its product mix on the fly and seize on market opportunities and continue to refine about 36,000 barrels of crude oil daily. The permit process for the project is expected to take 15-18 months and will involve state and federal authorities. The company wants to revamp the refinery’s vacuum tower, replacing its innards with new, more technologically advanced equipment.
Tata plans to turn around Port Talbot steel plant
business-standard.com 11 Nov, 2016
The Tata group is working towards turning around Port Talbot, South Wales and a plan is in the works., which could entail a phased investment in assets and an overhaul of systems. The investment in the plant could be around $500 million but this may be staggered. The blast furnace at Port Talbot may call for relining in 2019. The investment in Port Talbot has been 185 million pounds in blast furnace and 60 million pounds in gas recovery after acquisition.
Ottawa to invest $350 million to help dairy producers adjust to CETA
ctynews.ca 10 Nov, 2016
Ottawa is setting aside $350 million to help dairy producers weather the impacts of Canada’s trade agreement with the European Union, announced on 10th November, 2016. A five-year, $250-million fund will help milk producers upgrade their equipment and increase productivity, while a second program will offer $100 million to cheese-makers to encourage them to modernize operations and diversify their products.
UPS (UPS) Will Invest $400M for New Regional Hub in Atlanta
streetinsider.com 10 Nov, 2016
UPS announced plans to invest in excess of $400 million to build a new regional package sorting hub on the west side of Atlanta. Construction will begin this month on a 341 acre industrial site in Fulton County with support from Georgia, Atlanta and Fulton County economic development teams. The project is expected to be fully operational by the end of 2018. The new facility will feature the latest UPS sorting, processing and data capture technology.
The Ritz-Carlton announces first hotel in New Zealand
hospitalitybizindia.com 10 Nov, 2016
The Ritz-Carlton Hotel Company L.L.C. has signed a management agreement with NDG Asia Pacific (NZ) Limited to open the first Ritz-Carlton, Auckland property in Auckland, New Zealand in 2019. The hotel will have 300 rooms and suites and facilities like two Ritz-Carlton ballrooms for its showcase events and weddings, as well as enhancing the city’s international convention and meetings.
Tolko mill officially sold to Canadian Kraft Paper Industries
cbc.ca 10 Nov, 2016
The Tolko paper mill in The Pas, Man. has officially been sold to Canadian Kraft Paper Industries Limited. The Manitoba government said the sale is completed after being in the works for several weeks.
iBio Expands Product Development Capacity of cGMP Plant
marketwired.com 10 Nov, 2016
iBio, Inc. announced completion of expanded product development capacity of its subsidiary, iBio CMO LLC, for the production of pharmaceutical proteins in hydroponically-grown green plants in New York. This expansion enables iBio CMO’s use of iBio proprietary technologies to conduct concurrent product development work for multiple clients in multiple product classes with time-saving transitions from laboratory-level feasibility and testing through cGMP production of active pharmaceutical ingredients for toxicology studies and phase 1 human clinical trials.
Swiss Krono Group opens wood processing plant
bbj.hu 10 Nov, 2016
The Swiss Krono Group inaugurated a new wood processing plant producing oriented strand board (OSB) on 9th November, 2016 completed through an investment of HUF 30 billion in Vasarosnameny, Northeast Hungary. It will produce 300,000 cubic meters of OSB a year, increasing the group’s total output by 20% from the current 1.5 million cubic meters. The products will be sold in Hungary and neighboring countries.
Baku, Tehran expand business ties
azernews.az 10 Nov, 2016
Business relations between Azerbaijan and the Islamic Republic of Iran are developing steadily, as the two countries are constantly exploring the opportunities for boosting the trade ties. The two countries are currently engaged in the creation of joint plants for production of cars and pharmaceuticals, while the successful cooperation is an indicator of high confidence of Iranian investors in Azerbaijan. Groundbreaking ceremony of the joint Azerbaijani-Iranian pharmaceutical plant will be held in two weeks. Iran intends to build a hospital in Azerbaijan.
GM Plans To Invest More Than $900 Million In Three Facilities Including Bedford
wbiw.com 09 Nov, 2016
General Motors on 9th November, 2016 announced initiatives to strengthen and align its production output at key U.S. manufacturing operations. The plans include investing more than $900 million in three facilities-Toledo Transmission Operations in Ohio, Lansing Grand River in Michigan and Bedford Casting Operations in Indiana -to prepare the facilities for future product programs. The company will invest $37 million to support future product programs in Bedford.
University Hospital gets green light to expand
northaugustastar.com 09 Nov, 2016
University Health Care System in Augusta is expanding its emergency department. It received the certificate of need from the Georgia Department of Community Health last week. In February, University’s Executive Board approved a three-year, $30 million expansion project. The plan expands the department capacity from 55 to 78 treatment spaces. Those spaces include 60 emergency department beds, 12 pediatric treatment spaces and six psychiatric spaces. The redesign will create nursing station hubs at the center of 12-room pods. The project is forecast to take 30 months to complete. The project has already started.
Total signs agreement to develop Iran’s massive natural gas complex
albawaba.com 09 Nov, 2016
French energy company Total signed a preliminary arrangement to work alongside Chinese company CNPC in producing offshore Iranian gas. Total signed a head of agreement deal with the National Iranian Oil Co. to help develop phase 11 of the South Pars natural gas complex in the Persian Gulf. Total will serve as the operator at the project with a 50.1 percent stake. CNPC takes on a 30 percent share. Under the terms of the agreement for South Pars, project partners will work toward finalizing a 20-year formal contract that meets the terms of post-sanctions guidelines. Total would start the bidding process for contracts to help develop the field once a final agreement is signed.
Bangladesh keen to invest $1b in power project with India, Bhutan
thedailystar.net 09 Nov, 2016
Bangladesh is willing to invest $ 1 billion in the 1125-MW Dorjilung Hydro-power project under trilateral cooperation with India and Bhutan. Emphasis has been laid on joint development of hydro-power projects and operationalisation of the BBIN (Bangladesh, Bhutan, India and Nepal) Motor Vehicle Agreement.
Flogas, Stolt-Nielsen reveals plans for Rosyth LNG project
energyvoice.com 09 Nov, 2016
Flogas Britain, a UK gas supplier plans for a joint project to ship LNG directly to the Port of Rosyth in Fife. It has teamed up with Oslo-listed transport and storage business Stolt-Nielsen to see through the project. An unspecified engineering firm has also been engaged to support the construction phase. Completion is slated for 2019. However, the necessary permits have yet to be granted by local authorities. If the initiative comes to fruition, Stolt-Nielsen will ship LNG to Rosyth, where it will be stored before being delivered by Flogas across Scotland by road tanker, mainly to industrial customers.
Ornua invests €10m in German expansion
independent.ie 09 Nov, 2016
Ornua, Irish agri-food co-operative is investing €10m in its German operations, expanding its production facility in Dusseldorf. This is the third expansion of the facility, bringing the total investment in Neukirchen-Vluyn to €50m. The investment will expand production and storage facilities, in addition to developing enhanced office space. The development will take approximately 12 months to complete. Construction will be finished in September 2017.
Kuwait Petroleum to invest in Oman Oil’s Duqm refinery
hydrocarbonprocessing.com 09 Nov, 2016
Oman Oil Company (OOC) and Kuwait Petroleum International Ltd. (KPI), the international subsidiary of Kuwait Petroleum Corp. (KPC), have signed a memorandum of understanding (MOU) to cooperate in the development of Duqm Refinery and Petrochemical Complex in the Duqm Special Economic Zone (SEZ) in Oman’s Al Wusta Governorate. Duqm Refinery project is located in the special economic zone in Al Duqm, in the South East Al Wusta Governorate of the Sultanate of Oman. The refinery once completed will have the capacity to process 230 Mbpd of crude oil that will serve both local and international markets.
General Motors to invest more than $650M in Toledo transmission plant
nbc24.com 09 Nov, 2016
General Motors will invest $667.6 million into the Toledo Transmission Operations plant. More than $1 billion has been invested into the plan since 2011. The factory produces rear-wheel-drive 6-speed, rear-wheel-drive 8-speed, and front-wheel-drive 6-speed transmissions used in a variety of Chevrolet, Buick, GMC and Cadillac vehicles.
Nottingham-based Mellors Group to invest £3m in Skegness theme park
nottinghampost.com 09 Nov, 2016
Nottingham-based Mellors Group will invest £3m to open new rides and attractions at Fantasy Island, based at Ingoldmells, near Skegness. The company took over Fantasy Island in March this year under the name Mellors Group Fantasy Island Holdings Ltd. Features will include a multi-platform indoor mini golf course, an American-style bowling alley and six junior and family rides. The new-look Fantasy Island will open on March 18, 2017.
Massive private investments planned in port of Antwerp
stattimes.com 09 Nov, 2016
Port of Antwerp will embrace massive investments in the next few years. The SEA-Invest group is planning construction of a new tanker terminal in the Delwaide dock at an investment of 250 million euros. In the same dock the group will also operate an independent container terminal that it has acquired from Independent Maritime Terminal (IMT). This facility is currently located in the Hansa dock but will be moved to the Delwaide dock with an additional investment of 50 million euros. Also, a location has been found for the Houston-based international terminal operator Zenith Energy. An alternative site has been chosen on the Right bank of the Scheldt. In the Hansa dock, the SEA-Invest subsidiary SEA-Tank Terminal will build additional tank capacity for Total on the concession that it acquired from the IMT container terminal, representing an investment of 100 million euros.
Chinese textile firm to invest US$300 million in Ghana’s SADA zone
newsghana.com.gh 09 Nov, 2016
Chinese textile firm CNTAC is to invest US$300 million in Ghana’s SADA zone. A Memorandum of Understanding (MOU) has been signed between the government of Ghana and the CNTAC. The Authority has also signed an agreement with CAMAC, a Chinese engineering company, to embark on some infrastructure projects. CNTAC had already acquired 5,000 acres of land for the cultivation and processing of cotton.
Mother Road Brewing Signs Lease on Second Brewing Facility
brewbound.com 09 Nov, 2016
Mother Road Brewing Company signed a lease on an 8,000-square-foot production facility. The new space, located at 1300 E. Butler Ave., will house a 20-barrel brewhouse and two 80-barrel and 120-barrel fermenters with a potential total capacity of 20,000 barrels per year. A tasting room and patio are in the plans. The total budget for buildout and equipment is $1 million and the goal is to have the doors open by April 2017. The new brewhouse and boiler assemblies will be fabricated by Ridgway, Colo.-based Forgeworks while local design and construction services will be provided by Rob T Construction and UPDESIGN’s Anne Soper.
ExxonMobil Begins Lubricant Production at Louisiana Plant
machinerylubrication.com 08 Nov, 2016
ExxonMobil’s lubricant plant in Port Allen, Louisiana, has achieved full production for the company’s line of jet-engine lubricants. The 90,000-square-foot facility is part of a $200-million investment to expand ExxonMobil’s integrated chemical and lubricant complex in Baton Rouge, Louisiana. The lubricant blending, packaging and distribution facility uses the latest manufacturing equipment, including in-line blending, high-speed quart line and flow-through racking, as well as a range of sustainable features to increase electrical energy efficiency, including natural day-lighting panels, a comprehensive recycling program and dedicated water-treatment facilities.
CPEC related energy projects to produce 17,000 MW in Pakistan
arynews.tv 08 Nov, 2016
Some 17,045 MWs of energy would be generated by the help of energy projects under the China-Pakistan Economic Corridor (CPEC) in Pakistan. As many as 1,100-MW electricity generated through these projects would be included in the national grid by the end of 2016. In 2017, about 1,650-MW electricity would be included in the system of power lines of the country while projects of 3,270-MW capacity would be operational by 2018. Additional projects of 2,250-MW power would be completed after 2018. The government has already initiated work on many of the aforementioned projects, the majority of which would be completed by 2018.
Mindtree opens new Salesforce facility in Germany
rtn.asia 08 Nov, 2016
IT services provider Mindtree launched a new salesforce facility in Munich, Germany. This salesforce centre of excellence is anchored by Magnet 360, a salesforce partner and wholly-owned subsidiary of Mindtree. Salesforce is a pureplay cloud player and offers software used for customer relationship management. Mindtree and Magnet 360 will provide end-to-end salesforce expertise for consulting, development, delivery and support for its clients in Europe. The scope of capability for the new location spans the full range of the salesforce customer success platform, including sales cloud, service cloud, community cloud, marketing cloud etc.
ELSA expanding facility in $111 million investment, adding 114 jobs
heraldbulletin.com 08 Nov, 2016
ELSA Corp. plans to add 114 new jobs at its Elwood manufacturing facility as part of a $111 million expansion to provide additional parts to the Subaru plant in Lafayette, Louisiana. The company will expand the operations to cover 686,000 square feet across multiple buildings on the company’s Elwood campus. It will break ground this month on a second 63,000-square-foot addition. As part of its growth, the company is adding two production lines to produce fuel tanks, exhaust systems, air cleaners and air ducts for SIA, which assembles the Subaru Legacy, Outback and Impreza. ELSA plans to install new equipment over the next three years, allowing the company to double its production capacity to 1,800 automotive parts daily once complete.
DOH to open over P93-M hospital facility in Nueva Vizcaya
news.mb.com.ph 08 Nov, 2016
The Department of Health (DOH) is expected to open the more than P93-million additional facility for the Veterans Regional Hospital (VRH) in Bayombong, Nueva Vizcaya, Philippines in November 2016. The newly-constructed facility-Out-Patient Department (OPD) building will be inaugurated on 24th November, 2016. The inauguration will also coincide with the ground breaking of the proposed Training Center Building of the VRH.
OGDCL’s LPG plant to begin processing by June 2017
thenews.com.pk 08 Nov, 2016
Oil and Gas Development Company Limited (OGDCL) is all set to begin operation for a 98 million cubic feet/day liquefied petroleum gas (LPG) processing plant located at the Nashpa field of the in Khyber Pakhtunkhwa, Pakistan from the next June 2017. OGDCL awarded Chinese firm HBP the contract to install, construct and commission LPG processing and recovery. The project work is in full swing.
Rezidor Signs Radisson Blu Hotel in Rostov-On-Don, Russia
newsdog.today 08 Nov, 2016
Radisson Blu and AGROCOM GROUP LLC are announced the signing of the Radisson Blu Hotel, Rostov-on-Don in Russia. The Radisson Blu Hotel, Rostov-on-Don will have 81 spacious rooms showcasing the new dynamic BluPrint interior design. The hotel is scheduled for opening in early 2017. The hotel will also feature a lobby bar, restaurant and spa.
Merck invests Euro 250 mn to expand pharma business’ production in China
BS 08 Nov, 2016
Merck is in process of augmenting production capacity of its pharmaceutical business in China by phase-wise investment of Euro 250 million in its Nantong plant, China. As part of this plan, the company on 4th November, 2016 inaugurated its Euro 170 million Nantong pharmaceutical plant, It is also announced a further investment of around Euro 80 million in a Life Science Center near the Nantong pharmaceutical plant to manufacture high-purity inorganic salts, cell culture media products as well as ready-to-use media. With the next investment of Euro 90 million announced, the facility is designed to accommodate full production capacity of up to 10 billion tablets a year by 2021.
Wacker to expand pyrogenic silica production in Germany
business-standard.com 08 Nov, 2016
Wacker Chemie AG will raise the capacity of HDK pyrogenic silica by expanding a hydrophobic silica specialties plant at its site in Burghausen, Germany. The plant’s capacity will rise by 40 percent as a result, with capital expenditures on the project amounting to Euro 1.4 million. With work beginning early next year, project completion is expected in the third quarter of 2017.
Envirolastech to break ground on facility next week
postbulletin.com 08 Nov, 2016
Envirolastech Inc. plans to manufacture thermoplastic building materials made of 100 percent post-consumer recycled materials. The end product will be nonbiodegradeable, impervious to water and salt water, is stronger than concrete and will not get brittle in cold temperatures. The final piece of financing for the about $4 million project fit into place 07th November, 2016 and the city of St. Charles will close on the land deal- a 4-acre tract at the Chattanooga Innovation Park along Interstate 90. The company will be on tract to have its facility built in time to begin production in April 2017. The facility should cost about $1.2 million to complete and there will be an additional $1.2 million-plus in equipment for the manufacturing facility.
Lotus Opening U.S. Biscoff Cookie Manufacturing Facility
powerbulksolids.com 08 Nov, 2016
Lotus Bakeries, is considering a site in Mebane, North Carolina for a new Biscoff manufacturing site. Construction is set to start in the first half of 2017 with an expected operational date some time in 2019. The company is also building another manufacturing site in Belgium.
Chivas Brothers unveils plans to build new £40m bottling facility
scottishconstructionnow.com 08 Nov, 2016
Chivas Brothers plans to build a new £40 million bottling facility in Dumbarton, Scotland. The company will close its operations in Paisley, UK and relocate all employees to the new Kilmalid site, UK over the next three years. The transfer of activities is set to start in 2018, with completion of the new bottling hall and offices scheduled for completion in 2019.
COFCO plans expansion in Brazils sugar cane industry
reuters.com 07 Nov, 2016
COFCO Agri is looking at opportunities to expand in the Brazilian cane milling industry in Brazil. It will crush 14.5 million tonnes of cane in the current season, up from 11 million tonnes last year. COFCO expects to crush 18 million tonnes by 2019 through small investments in the mills it already owns.
Prospect Resources Ltd developing Africa’s largest lithium project
proactiveinvestors.com.au 07 Nov, 2016
Prospect Resources Ltd is focused on rapid expansion of lithium JORC Resources at the Arcadia lithium project in Zimbabwe. Prospect has a three-pronged growth strategy for Arcadia comprised of 1) exploration; 2) JORC Resource expansion; and 3) development and mining. A maiden resource estimate of 36 million tonnes grading 1.17% lithium oxide and 107ppm tantalum oxide was recently defined at Arcadia. Mine development is expected to begin during January 2017. The resource contains 425,000 tonnes of lithium oxide and 9 million pounds of tantalum oxide. Drilling in progress since early October will look to extend the Mineral Resource estimate along strike and down dip. The phase 3 drilling is underway, utilising three diamond and two reverse circulation rigs. Work is focusing on testing three new areas; the southwest and northeast strike extension of the deposit, in addition to the northwest down dip extension. Arcadia lithium project: Drilling to date has covered less than 20% of the company’s mining licence area.
Korea’s LG Chem to invest $100 million in Chinese plant to up ABS production
pulsenews.co.kr 07 Nov, 2016
LG Chem Ltd., chemical and battery making unit under South Korean conglomerate LG Group, will expand the output of acrylonitrile butadiene styrene (ABS), a lightweight plastic material widely used in information technology (IT) and vehicle products. It will invest $100 million to double annual production capacity of ABS plastic at its manufacturing facility in Huizhou from the current 150,000 tons to 300,000 tons. The facility is jointly owned by LG Chem and China National Offshore Oil Corporation (CNOOC) based on a 50:50 partnership investment. The latest facility expansion will be invested only by LG Chem. The company will aim to complete construction by the end of next year. LG Chem also plans to improve processing of its Yongxing facility in Ningbo with an aim to raise output from the current 760,000 tons to 800,000 tons.
Inventec to expand overseas production capacity
digitimes.com 07 Nov, 2016
ODM Inventec will expand production capacity for servers in Mexico and the Czech Republic and for PCs and smart terminal devices in India in 2017 and is evaluating the feasibility of setting up a factory in Indonesia. Inventec has acquired a building in northern Taiwan from smartphone vendor HTC which will become an R&D headquarters an accommodate an expanded R&D staff focused on storage equipment and switches.
Green energy project starts in Tainan
taipeitimes.com 07 Nov, 2016
The Executive Yuan on 6th November, launched a green energy technology park project in Tainan. The park, which is to be built in the Shalun area in Tainan’s Gueiren District, is to be a test site for new technologies and create a zero-waste economy, featuring electric buses that can be wirelessly charged, cars fitted with solar panels and eco-friendly buildings. The central area of the park is to cover 22.3 hectares near the Taiwan High Speed Rail’s Tainan Station and house a joint research center and a testing facility. A proposed 200 hectare film studio to be built on the farm would leave an area of 700 hectares as a bird sanctuary.
Abu Dhabi-based Lulu Group starts operations in US
HBL 06 Nov, 2016
Lulu Group International has expanded its operations in the US by inaugurating food processing and logistics bases. Y International, a wholly owned subsidiary of the group launched its operation in Lyndhurst, New Jersey. The world–class export centre will purchase, process, re-label and export food, non-food, chilled and frozen products made in the US.
New Wood Manufacturing Facility to Open in Louisiana
cpexecutive.com 06 Nov, 2016
Le Moyen Mill & Timber LLC, a wholly owned subsidiary of Adobe Machinery Group, plans to acquire land in order to develop a wood products manufacturing facility in LeMoyen, La with an additional $2 million investment. Le Moyen Mill & Timber LLC was formed to acquire and operate the sawmill’s land, buildings and equipment. The company will repurpose the lumber mill previously operated by Bayou State Lumber Co. In addition, it will purchase both standing timber and cut logs, saw boards and timbers and then assemble timber and laminated mats at the facility. The facility features more than 190 acres with two rail spurs, more than 431,000 square feet of buildings including three sawmills, and another 200,000 square feet of covered storage.
Aboitiz Toledo plant to give 300MW to Visayas grid in 2018
cebudailynews.inquirer.net 06 Nov, 2016
More than 300 MW of power is expected to enter the Visayas Grid once Aboitiz Power Corp.’s coal-fired power plant in Toledo City begins commercial operations by the first quarter of 2018. Construction is underway and it may start the commissioning process by the first quarter of next year. The 340-MW coal-fired power plant in Sitio Looc, Barangay Bato is being constructed by Therma Power Visayas Inc. (TPVI), one of Aboitiz Power’s units. By 2018, the plant is expected to supply power to the Visayas Grid.
GPH to set up new steel plant in Cox’s Bazar
thefinancialexpress-bd.com 06 Nov, 2016
GPH Ispat Ltd plans a new steel plant with most modern technology at Kumira under Sitakunda. The company has signed a contract with Austria in this regard. The new plant will produce 8,40,000 tonnes of billet and 6,40,000 tonnes of re-bars per year. GPH has signed a contract for getting loan amounting to US$ 154 million with 12 banks, led by UCB. The company has also signed contract with Indian firm S M Dastur Ltd and Chinese Air Separation Plant for production of gas and liquefied oxygen. Besides, it is constructing a 10-storey administrative building at Kumira.
Molded Fiber Glass expansion project underway
starbeacon.com 06 Nov, 2016
A 16,000 square foot expansion project is underway at Molded Fiber Glass. The investment into the new addition and equipment will total more than $2 million at the plant located at Molded Fiber Glass place adjacent to Wade Avenue. The company will also be re-arranging portions of the plant to insure a more efficient operation. The company has long worked with the Chevrolet Corvette. The plant expansion should be done by the end of the year and the equipment is expected to arrive in the spring of 2017.
Cameroon To Construct Massive Sporting Complex To Host AFCON 2019
cameroon-concord.com 06 Nov, 2016
The Japoma sports complex will hold a 50,000 seat stadium, a sports hall, an Olympic swimming pool, a handball court, gym, a large pool, two training courts, tennis courts, an annex of the national Football Academy, a shopping centre and landscaped areas. A Turkish company will build the complex which is expected to cost around $143 billion with 75 percent of the project financed by the Turk Eximbank. A contract was signed with Yenigun Construction in December 2015 for construction of the complex. The complex which will be in Doula will be built between 18 and 22 months.
Rotana to open 16 new hotels in ME by 2017
tradearabia.com 06 Nov, 2016
Rotana plans to operate 100 hotels by 2020, with plans to open 16 new properties by 2017. The plans include the opening of five new properties in the UAE, four in Saudi Arabia, two each in Turkey and Iraq, and in Muscat, Oman. The extension work on one of the company’s UAE properties, The Cove Rotana Resort in Ras Al Khaimah, will also take place next year. The developments will see more than 3,756 keys added to the group’s existing inventory by the end of 2017. Rotana is set to make its debut in Africa with the opening of more than 100-key Kin Plaza Arjaan by Rotana in Kinshasa, late in 2016. The group currently has a number of projects under various stages of development across Africa including Marrakesh, Luanda, Nouakchott, Dar es Salaam and Lagos.
Home design brand West Elm plans hotels in five cities
dailyherald.com 06 Nov, 2016
The home-design retailer West Elm plans for hotels in five cities: Detroit, Indianapolis, Minneapolis; Savannah, Georgia; and Charlotte, North Carolina. Another 10 hotels are on the drawing board. The hotels will feature West Elm furniture and decor, local crafts, artwork and food. DDK, the hospitality company is partnering with West Elm on the project. West Elm is in charge of the hotels’ interior design, furnishings and marketing but will not own the properties. Instead, DDK will find real estate developers to manage each site. The first hotel opens late 2018 in Detroit’s Midtown neighborhoods.
Alba kick-starts upgrade project for Reduction Lines 4 & 5
zawya.com 06 Nov, 2016
Aluminium Bahrain B.S.C. (Alba), the Bahrain-based international aluminium smelter kick-started an upgrade project aimed to increase the amperage of Reduction Lines 4 & 5 in September 2016. The Project – new pot lining design and installation will allow the increase in amperage on Reduction Lines 4 & 5. Upon the completion of the upgrade project, Alba expects to further increase its per annum production by 35,000 metric tonnes, thus accelerating our target of 1 million metric tonnes by end of 2017.
Chinese companies to invest $3 bn in Pakistan
thenews.com.pk 06 Nov, 2016
Chinese investors announced investment of three billion dollar in energy, infrastructure, transport, real estate and other sectors in Pakistan. More investment would be made in Pakistan especially Punjab. The chief minister directed formation of a joint committee of Chinese investors and Punjab government to submit final recommendation within 14 days for giving a practical shape to investment of Chinese investors.
FG launches facility to boost rubber production, urges collaboration
guardian.ng 06 Nov, 2016
The Federal Government has launched a prototype rubber sheet processing factories in Edo and Delta States to assist small scale rubber farmers in adding value to their products. It also called for more collaboration with relevant stakeholders in the rubber industry, with a view to exploring the economic potentials of the agricultural commodity for national development. It will be commissioning rubber sheet processing and effluent management factories at the Rubber Research Institute of Nigeria (RRIN), Iyanomoh in Obaitan community near Benin City in Edo State and Ogo Ikilibi in Delta State.
$2.7b Onne Phase 4B port facility to begin operations soon
hellenicshippingnews.com 05 Nov, 2016
A portion of the new capacity being added at the Phase 4B area of the Onne Port Complex development Area in Rivers State will soon be put into commercial operations. The project is about 24 per cent completed. The General Manager of Deep Offshore Services Nigeria Limited, Tonye Apiafi, Concessionaire is investing over $ 2.7 billion in the Phase 4B of the Onne Port Complex. The project includes the dredging and reclamation of a total of 600 HA of swamp land, construction of 2000M of Jetty for Berths 12-19 and construction of over 3500M Jetty for port facilities including fabrication & construction yards. The Phase 4B project includes the construction of an inner channel and turning basin for vessels, stacking areas, a 6000 cubic meters capacity water distribution system and construction of roads networks in in excess of 15,500 meters. The Phase 4B project is a Public Private Partnership Project (PPP) initiative led by the Federal Government.
Belle Corporation to invest in proposed Manila airport project
news.worldcasinodirectory.com 04 Nov, 2016
In the Philippines, local investment vehicle Belle Corporation has agreed to join a consortium hoping to build a new international airport on reclaimed land near the southwest suburbs of Manila. It is partnering with the Solar Group to participate in an enterprise called All-Asia Resources And Reclamation Corporation, which wants to spend around $50 billion on the Philippine Global Gateway Project at Sangley Point. The massive infrastructure project near Cavite City would include a new seaport. Belle Corporation could take an equity stake in the scheme of up to 49%. The planned airport would have the ability to handle up to 50 million passengers well into the middle of the current century.
Woodfibre LNG to be first LNG plant built in B.C.
comoxvalleyecho.com 04 Nov, 2016
Woodfibre LNG plant near Squamish has been approved by the B.C. government. Construction of the $1.6-billion facility is to begin in 2018 and the start of operations expected in 2020. The parent company Pacific Oil and Gas has authorized the funds for construction. The plant’s liquefaction drives will be electricity-powered, not gas-powered. The plant will also feature an air-cooling system, instead of a seawater one.
Nigeria signs $500m power agreement with World Bank
nta.ng 04 Nov, 2016
The Nigerian Government has signed a number of agreements that will add more than 500 Megawatts electric power to the National Grid. The project meant to improve gas supply to Calabar Power Plant. Following the signing of the agreement, the World Bank would provide the Partial Risk Guarantee PRG, for the project.
107 hotel rooms being built for 2017 Solar Eclipse
newspressnow.com 04 Nov, 2016
Fairfield Inn & Suites, a new hotel being built in Tuscany Village, will have 107 new hotel rooms. The rooms will be ready for the 2017 Solar Eclipse.
Kano to spend N1bn on culverts construction
niyitabiti.net 05 Nov, 2016
Kano State government will spend over N1bn to re-construct culverts and landscape adjoining pathways in several parts of Kano metropolis as part of efforts to improve environmental sanitation and give the state capital a facelift that befits an emerging mega city. The project will cover eight metropolitan local governments in the first phase. The project will entail covering the culverts to prevent accumulation of rubbish, which could expose residents to environmental and health hazards, such as flooding and outbreak of diseases.
UAE group Phanes to build 300MW solar plant in Nigeria
tradearabia.com 05 Nov, 2016
Phanes Group has acquired the development contract for 300 MW of new solar PV capacity in Nigeria. The first project will entail a 100 MW solar farm in Sokoto region, with the first 50 MW phase of the plant penciled in for completion in the first quarter of 2018, and the entire plant scheduled to be online before the end of that year. An additional two 100 MW solar plants are mooted for 2019, located in the Mando area of Kadnuna, and Birnin-Kebbi in Kebbi. The company has signed a power purchase agreement (PPA) with some of the country’s utility-scale solar power developers, and for the 2019 farms will partner with local developers under the brand Hasken-Rana.
Tucson utility seeking bids for new solar power facility
heraldcourier.com 05 Nov, 2016
Tucson Electric Power is seeking bids for design and construction of a new 100 MW solar facility that could be built in the Tucson area or a location tied into existing transmission facilities. The new facility will begin producing power in early 2019. The company is also evaluating proposals for a 100-MW wind-powered facility that will be built by a project partner.
SRL Diagnostics steps up expansion, eyes 10% revenue from overseas
business-standard.com 05 Nov, 2016
SRL Diagnostics is expanding its global footprint as it plans to add laboratories in South Asia, Gulf states and Africa. The company earns about 3 percent of its revenue from overseas operations and it aims to increase it to 8-10 percent in the next five years. In the next six months the company will be setting up two laboratories in Abu Dhabi and Sharjah. The company will use internal accruals for expansion and has no fund raising plans at present.
Tender floated for Deira Islands sewage plant
constructionweekonline.com 05 Nov, 2016
Nakheel has floated a tender for the design and build of a sewage treatment plant at Deira Islands in Dubai. The plant will have a capacity of 36,000m3 a day under phase one and include incoming sewer pipes, an inlet sewage lift station and associated works. The scope of work includes civil, mechanical, electrical, instrumentation, control and automation, hydraulics, supply, construction, erection, testing and commissioning of the plant. The deadline for tender submissions is 4th December, 2016
Diamond Cement factory inaugurated
businessghana.com 05 Nov, 2016
A 50- million dollar cement plant has been inaugurated at Bokro in the Ahanta West District, Ghana on 3rd November, 2016. The factory produces one million tonnes of Portland limestone cement of 42.5R, 42.5N and 32.5 R grades per annum. Currently, the company is the only vertical roller mill in Ghana, which employs high class German technology to produce limestone cement, dolomite limestone and ordinary Portland cement.
Dubai to raise $3 bn for airport expansion
business-standard.com 04 Nov, 2016
Dubai plans to raise $3 billion for the capacity-boosting of its two international airports that will enable them to serve up to 146 million passengers by 2025. The new Al Maktoum International Airport (DWC) is planned to become the primary airport for Dubai, as well as the home to Emirates Airline from 2025. Under the proposed financing arrangement, coordinated by DOF, Investment Corporation of Dubai (ICD) and Dubai Aviation City Corporation (DACC), the three parties will work jointly to raise financing from various liquidity sources, both conventional and Islamic. HSBC is acting as Financial Advisor.
Gas Natural Fenosa acquires 1st powergen project in Brazil
kallanishenergy.com 04 Nov, 2016
Gas Natural Fenosa has acquired its first power generation project in Brazil through its subsidiary, Global Power Generation (GPG), from Spain’s Gransolar Group for €85 million. GPG will purchase a majority stake (85%) of two ready-to-build solar projects in Brazil’s northern state of Piaui: the Sobral I and the Serta I solar power plants, with a combined capacity of 60 MW. The plants, planned to start operations in the second half of 2017, have a 20-year power purchase agreement. With a current global portfolio of 2,866 MW of installed capacity, GPG plans to build 100 MW internationally by 2018.
Italy’s Marangoni to set up US$ 75 mn tyre plant in Horana
dailynews.lk 04 Nov, 2016
Marangoni’s Board of Investment has approved to set up a radial and industrial tyre manufacturing plant of US$ 75 million in Horana Industrial Park. The factory will have a capacity of 3 million tyres per annum, with 75 percent of production to be exported. The up and coming tyre plant will use local natural rubber for their operations and will create over 3,000 direct and indirect job opportunities.
Taaleri and Nowaste to invest in recycling plants in Nokia
globenewswire.com 04 Nov, 20166
Taaleri and Nowaste Oy will launch circular economy investments in Eco-Industrial Park, Nokia. The construction work on adjacent plots in Nokia’s Kolmenkulma Eco-Industrial Park has been launched to implement a new type of rubber and plastics processing complex. The Nokia-based growth company Nowaste Oy will invest at the location in a processing plant for vehicle tyres withdrawn from use and recycled plastics, while Taaleri’s circular economy fund will develop in the area a pyrolysis plant in which 7,500 tonnes of recycled raw material per year will be converted into oil, carbon, gas and metal. The total value of the investments is around EUR 5.5 million. Construction of the plants has begun, and they are due to start operating in summer 2017.
AEP to invest $1B in renewables
kallanishenergy.com 04 Nov, 2016
American Electric Power (AEP) will invest $1 billion in renewables. Some of the money going to renewables came from the September sale of three natural gas-fired and one coal-fired power plants to private-equity firms for $2.17 billion. AEP has formed two subsidiaries: one for small-scale wind and solar projects producing up to 5 MW and costing up to $15 million, and the second for large-scale utility-type wind and solar projects. The companies are AEP Onsite Partners and AEP Renewables, respectively. AEP will invest $17.3 billion in its core regulated operations and contracted renewables from 2017 to 2019. Initially, it will develop 21 renewable projects in eight states with $75 million in capital investment.
Recipharm invests €1.2 mn to expand Italian API facility
pharmabiz.com 04 Nov, 2016
Recipharm, the Contract Development and Manufacturing Organisation (CDMO), has announced an investment of over €1.2 million to enhance its small scale GMP Active Pharmaceutical Ingredient (API) development and manufacturing capabilities in Paderno Dugnano, Italy. The investment, which is in response to growing demand for Recipharm’s custom synthesis and early phase API manufacturing capabilities, has seen the opening of a new GMP kilo laboratory. The new area enhances the output of the facility’s existing laboratories and offers a fully GMP compliant service.
Huber Engineered Woods To Reopen Spring City Facility
chattanoogan.com 04 Nov, 2016
Huber Engineered Woods LLC, manufacturer of specialty building products will reopen its manufacturing facility in Spring City. The facility is currently undergoing upgrades in preparation of manufacturing specialty panel products including AdvanTech subflooring and ZIP System sheathing products beginning in April 2018.
LifeNet Health opens new facility in North Carolina’s Research Triangle Park
pharmabiz.com 04 Nov, 2016
LifeNet Health is expanding its cell-based research and processing capacity with the opening of a facility in North Carolina’s Research Triangle Park (RTP), near Durham. It will be an extension of its flagship research center, the LifeNet Health Institute of Regenerative Medicine, located at the company’s headquarters in Virginia Beach, Virginia. The Virginia Beach-based non-profit’s presence will serve as a center of excellence for collaboration with other research entities and provide an opportunity to build partnerships within the biomedical and regenerative science sector. Research and development at the North Carolina facility will focus on isolating liver cells and adult stem cells for applications in drug discovery and toxicity testing.
NIIT signs MoUs for two strategtic tie-ups in China
telecom.economictimes.indiatimes.com 03 Nov, 2016
Skills and talent development company NIIT has signed an MoU with Yinchuan City Economic and Technology Development Zone to train 2,500 learners from universities, colleges and enterprises in the next five years with financial support from Ningxia provincial government. According to the MoU, NIIT will establish a training base in public-private partnership model to conduct IT training in Digital Transformation technologies. The company also joined hands with Ningxia University to provide IT training through ‘NIIT Inside Model’.
BOE to set up 3rd OLED factory in western China, say reports
digitimes.com 03 Nov, 2016
BOE Technology will invest CNY46.5 billion to set up a 6G flexible OLED panel factory with monthly production capacity of 48,000 glass substrates in Mianyang City, western China, its third OLED factory in China, and will start construction in December 2016 and production in 2019. In addition, the company is setting up a 6G flexible OLED panel factory in Qingdao City, northern China, with investment of CNY22 billion, and will gradually install a monthly production capacity of 15,000 glass substrates in 2017, 2018 and 2019 each.
NOCI to invest up to $365 mln in Ivory Coast nickel project
lse.co.uk 03 Nov, 2016
Ivory Coast nickel company Nickel de l’Ouest Côte d’Ivoire (NOCI) will invest up to $365 million in concessions in the country’s west. The concessions include the Sipilou nickel mine, which miner and commodity trader Glencore inherited through its takeover of Xstrata in 2013. Glencore sold Sipilou last year, along with a copper mine in the Philippines and another nickel mine in the Dominican Republic for a total of $290 million. The cabinet approved at a meeting on 3rd November, 2016 an exploitation permit for concessions in Touba and Biankouma, along the western border with Guinea. The exploration had identified 60 million tonnes of reserves with nickel content of 1.74 percent. NOCI plans to invest 130 billion CFA in the first phase of the project with another 60 to 90 billion expected in the second phase.
El Paso Electric to build solar facility at Holloman base
heraldcourier.com 03 Nov, 2016
Holloman Air Force Base is partnering with El Paso Electric to build a $13 million, 5 MW solar facility at Holloman base. Groundbreaking is planned for December and the facility is expected to be fully operational by 2017.
GE Oil & Gas expands services facility in Egypt
tradearabia.com 03 Nov, 2016
GE Oil & Gas has announced the expansion of its services facility in Egypt with an additional 2,000 sq. mtrs in the industrial free zone. The total area of the facility will now reach 5,000 sq. mtrs. The expanded facility will handle the assembly, disassembly, repair, maintenance and testing for its products locally in Egypt to serve both national and international oil and gas companies and it is expected to be fully operational by mid-2017.
Lineage to open new cold-storage facility in at port of Long Beach
producenews.com 03 Nov, 2016
Lineage Logistics is expected to open a new, 244,000-square-foot cold-storage facility at the port of Long Beach in Southern California by the end of the year. The facility will have 26,000 pallet positions and the capacity to handle 1,000 containers. There are 50 dock doors and six separate cooling chambers with the ability to hold multiple perishable products at the perfect temperature. The facility has a rail siding, allowing access to that mode of transportation.
Sonoco acquires Plastic Packaging to expand flexible packaging capabilities
packagingmaterials.packaging-business-review.com 03 Nov, 2016
Global packaging firm Sonoco has acquired privately held flexible packaging company Plastic Packaging (PPI) in a bid to expand its capabilities in Southeast US. PPI is engaged in providing short-run, customized flexible packaging for food products including frozen foods, baked goods, seafood; pet products such as dry food, bird seed, litter; and health and personal care including nutraceuticals, diapers, tissues/wipes. Sonoco expects the acquisition to provide additional lamination, wide and narrow web flexographic printing, and pouch and bag forming capabilities while expanding its customer base.
MAN Diesel & Turbo completes project in Pakistan
energyglobal.com 03 Nov, 2016
MAN Diesel & Turbo and Hyundai Engineering (HEC) have completed the extension of a power plant in Pakistan for Attock Refinery (ARL). The plant, located northeast of Rawalpindi, is powered by Heavy Fuel Oil (HFO) and supplies electricity to a refinery. Three MAN 14V32/40 gensets generate 18 MW of electrical power for the processes in the refinery. Hyundai is responsible for the construction of the plant, whilst MAN took over the design and delivery of the engines and accessories, as well as the training of the operating personnel.
Coal-powered plant to inject 270 megawatts into Zambia grid
coastweek.com 03 Nov, 2016
Zambia’s power utility said on 2nd November, 2016, that about 270 MW of power will be injected into the national grid by mid-month from a coal-fired power plant. The 270 MW of power from the 300 MW power plant constructed by coal miner, Maamba Collieries, will be injected into the national grid, while 30 MW will be used at the coal mine. The line upgrade works have been undertaken in order to increase the transmission capacity in readiness for evacuation of the 270 MW from Maamba as well as the additional power to be generated under Maamba phase two.
Wheatland Wind power project introduced
drumhellermail.com 02 Nov, 2016
Greengate Power Corporation held an open house for the Wheatland Wind Development near Hussar. The planned project involves the installation of up to 48 wind turbines spread over 35,000 acres of privately owned, cultivated and grazing, land and will be able to provide up to 120 MW of electricity.
Drought-hit Mozambique signs first major solar power deal
energy.economictimes.indiatimes.com 02 Nov, 2016
Mozambique will start building a 40 MW solar plant near the city of Mocuba in Mozambique’s central, coastal Zambezia Province in early 2017, after Scatec Solar, which owns several such plants in Africa, signed an $80 million deal to sell electricity to the state-owned energy company for 25 years. The project is backed by the World Bank’s private-sector lending arm, the International Finance Corporation, and the public-private Emerging Africa Infrastructure Fund.
Ajanta Pharma launches BP lowering tablets in US
thehindubusinessline.com 02 Nov, 2016
Drug firm Ajanta Pharma on 2nd November, 2016 launched in the US market tablets used for lowering blood pressure. After the approval of the United States Food and Drug Administration (USFDA), the company has launched Amlodipine + Olmesartan Medoxomil tablets in the US market through its arm, Ajanta Pharma USA Inc.
Iran to invest in construction of wind farms in Armenia
panarmenian.net 02 Nov, 2016
MAPNA Group will invest in building wind farms in Armenia with an initial capacity of 50 MW. The group is involved in development and execution of thermal and renewable power, oil & gas, railway transportation and other industrial projects as well as manufacturing main equipment including gas and steam turbines, electrical generator, turbine blade and vane, HRSG and conventional boilers, electric and control systems, gas compressor, locomotive and other pertinent equipment.
Biogen SAS to Invest $92M in Puerto Rico, Create 350 Jobs
dddmag.com 02 Nov, 2016
Biogen SAS is investing more than $92 million in Puerto Rico after buying assets that once belonged to Eli Lilly & Co. in the island’s southern region. The company will manufacture active pharmaceutical ingredients at the plant in Guayama and employ about350 people in the next five years.
Italy’s SUN Consortium To Invest €94 In 2017
esmmagazine.com 02 Nov, 2016
Supermercati Uniti Nazionali (SUN) is planning to invest €94 million in 2017 to increase its share of the supermarket/hypermarket segment to 3.5%, up from the current 3%. The investment will be used to open 31 stores, taking the group’s network to 626 outlets, and also to develop the Consilia private label brand, currently consisting of 1,984 product references.
Yanmar To Build New Training & Customer Experience Facility
constructionequipment.com 02 Nov, 2016
Yanmar America has invested $20 million and acquired 50-plus acres of land in Acworth, Georgia for a new facility geared toward training and product demonstrations. The 50,000 sq. ft facility will feature classrooms with dedicated space for each of Yanmar’s product lines, as well as an auditorium, museum, office space and meeting space. Outdoor amenities will include a customer experience area for product demonstrations. Croft Architects Engineers based in Kennesaw, Georgia will design and engineer the facility. In addition, Carroll Daniel Construction from Gainesville, Georgia has been selected as the general contractor. The new facility is slated to open in August 2017 with an official groundbreaking ceremony at the site on 16th November, 2016.
Apple to Develop 2nd-Largest Research & Development Facility in Indonesia
indonesia-investments.com 02 Nov, 2016
Apple Inc. will start building its second-biggest research and development facility in Indonesia somewhere in 2017. The company may build several facilities across the Archipelago. Apple’s Asia Pacific is now searching for the best location, both in and outside Jakarta.
InterMoor upgrades Port Acu facility in Brazil
worldoil.com 02 Nov, 2016
InterMoor, an Acteon company, has added inspection and testing capabilities to its marine base at the Açu Superport in São João da Barra, northern Rio de Janeiro. The base now boasts a 1,000-ton test bed and can perform load and breaking test for chain, wire rope and mooring accessories up to 800t SWL. The inspection, test, and certification capabilities also extend to cargo-handling material like cranes, hoists, rigging, water bags and slings.
FlyRight Expands N.C. Facility
ainonline.com 02 Nov, 2016
FlyRight, a Flight simulator training provider opened a new training facility at Concord Regional Airport, North Carolina last month. The new 42,000-sq.ft facility offers classrooms, client break areas and a high bay that can accommodate up to seven full-motion simulators. The additional space will allow it to improve its current King Air training programs and expand its training to more aircraft platforms.
Dabur to acquire personal care business of South African CTL Group
business-standard.com 01 Nov, 2016
Dabur will acquire the personal care, hair care and creams businesses of the South African based-CTL group of companies in a deal valued at $1.5 million. The acquisition will mark Dabur’s entry into the South African personal care market. In addition to that, Dabur South Africa (PTY) will also acquire certain equipment of Carbotec Laboratories Proprietary Ltd and immovable property from CTL Management and Personnel Services Proprietary.
Imperium Crown to invest S$5m into two cineplexes in China
businesstimes.com 01 Nov, 2016
Property investment firm Imperium Crown is planning to invest S$5 million in two cineplexes in China. The group will buy a 30 per cent stake each in the two companies under Yinguang group for S$1.3 million and S$3.7 million respectively. One company, Linyi Yinguang Cineplex Management Co, comprise cineplex assets of five cinema halls in Linyi City that are scheduled to begin operations in June next year. The other company, Zaozhuang Yinguang Cineplex Co, is being developed into eight cinema halls, an antiques auction house and retail outlets. Located in Zaozhuang City, the cineplex development will be completed in the second half of next year. It will finance the proposed acquisitions by internal funds and bank borrowings. It will also have the option to acquire an additional 19 per cent each in the companies, for 12 months after the signing of the conditional sale and purchase agreements.
Line-2 of Cherat Cement starts production
thenews.com.pk 01 Nov, 2016
The second unit of Cherat Cement Factory – Line 2 – with the production capacity of 4,500 metric tonnes cement per day formally started production on 31st October, 2016. The first unit of the factory has been operational in the province since 1985. The production capacity of the first unit is 3,200 metric tonnes per day. The construction of the second unit was started in 2014 and completed within a short span of just two years.
South Asia Textiles embarks on another mega expansion
dailymirror.lk 01 Nov, 2016
Having completed the initial Rs. 1 billion expansion programme, South Asia Textiles has decided to embark on another expansion programme to infuse the very latest state-of-art textile technology and machinery into its existing factory. This investment is likely to exceed US$ 3 million at the initial stage. Some of the machinery to be introduced will be the aerodynamic Air-Flow textile dye machines with absolute minimal usage of water, a continuous washer which saves water consumption up to 40 percent of the regular usage and a modern fully-automated 10 chamber that enhances efficiency and quality of the fabrics produced.
Najib: China investment in Malaysia set to expand
thestar.com.my 1 Nov, 2016
China’s investments in Malaysia are set to expand. Malaysian and Chinese companies will be signing more than 10 agreements, involving among others, investments in port construction, gas-pipe laying and water desalination plants, e-commerce, solar panel manufacturing and construction. Putrajaya and Beijing will also sign the framework financing agreement and engineering, procurement, construction Contract for the US$13.10 billion East Coast Railway Line (ECRL) project.
Avi Katz to Expand His $650 Million Real Estate Fund to New York
Bloomberg 1 Nov, 2016
Hagshama Fund, the private investment firm that has raised about $650 million from individual investors in Israel and the United Kingdom, will begin operating from New York next year as it seeks to boost real estate investments. The firm is targeting people willing to pool on average $25,000 with other investors to own slices of self-selected real estate projects in the U.S., Canada, Israel and in London. The firm also plans to branch into countries with growing middle classes, including Poland and Panama. It is also opening an office in Madrid in January. Investments include a $6 million equity stake in a $21 million residential building in Manhattan and a 9 million pound stake in a 27 million pound office building in Holborn, London.
Samsung to invest $1 billion in Austin plant to make mobile chips
computerworld.com 1 Nov, 2016
Samsung is ramping up mobile chip manufacturing by investing $1 billion in an Austin, Texas, factory. The investment will be applied early next year, and will also be used to expand manufacturing of semiconductors for electronics. Samsung makes Exynos chips that are used in its smartphones, but also semiconductors for storage, memory and batteries. Most of the components in the Galaxy S7 handsets are made in Samsung factories. The Austin plant has 2.3 million square feet of space.
Adenium to build 15 MW PV plant in Jordan
pv-magazine.com 1 Nov, 2016
Adenium Energy Capital will build a 15 MW solar plant for cement manufacturer Lafarge Jordan at its Rashadiya cement plant. Construction will start in early 2017, and expected to be completed by the third quarter of the year. The facility will feed electricity into Lafarge’s Rashadiya cement production facility in the southern governorate of Tafileh. It is a build-own-operate project with a private off-taker that will be financed on a non-recourse basis.
Korean institutional investors to invest in Manhattan office building
pulsenews.co.kr 1 Nov, 2016
South Korea’s NongHyup Financial Group’s two insurance units – NongHyup Property & Casualty Insurance Co. and NongHyup Life Insurance Co. – and other local institutional investors including brokerage and insurance firms are planning to invest 600 billion won in 200 Liberty Street, a skyscraper located across the World Trade Center site that was severely damaged in the September 11 attacks in 2001, in the form of mortgage-backed debt with an aim to raise annual returns of 4 percent. The 40-story office building rests on a total floor area of 151,200 square meters and is valued at 1.2 trillion won.
Veggie Grill to Expand With $22 Million Investment
thedailymeal.com 01 Nov, 2016
Veggie Grill, a vegan, fast-casual chain in Southern California, announced that its investors have funded a $22 million expansion for locations beyond the West Coast. It is still evaluating markets, but looking at the Midwest and the East Coast. Although it’s likely that the chain will expand to more urban areas, some other locations such as universities and airports are being considered as well.
Kerry Group to expand Rochester facility
finance-commerce.com 01 Nov, 2016
Ireland-based food, nutrition and pharmaceutical company Kerry Group will spend $18.1 million to expand its manufacturing facility in Rochester. The spending is the first phase of a $28.6 million expansion project planned at the 2402 Seventh St. NW facility. The Rochester facility houses manufacturing for Kerry’s bioscience division. Kerry plans to build a 5,300-square-foot addition onto its Rochester plant that will hold a new spray dryer and two 10,000-gallon dryer feed tanks. Minnesota Department of Employment and Economic Development (DEED) is contributing to the project with a $175,000 grant from the Job Creation Fund.
Aboitiz Group undertakes commissioning testing for Batangas biomass power plant
philstar.com 31 Oct, 2016
The Aboitiz Power Group is now undertaking commissioning and testing for its first biomass power plant in Lian, Batangas targeted under the feed-in tariff (FIT) scheme. Aseagas Corp.’s 8.8-megawatt (MW) biomass plant has started undergoing commissioning, which could take a couple of months before it operates commercially.
Plastics supplier MACA to open new facility in Maysville
washingtontimes.com 31 Oct, 2016
MACA Plastics, an automotive and medical industry supplier is renovating a 122,000-square foot facility in Maysville to make way for its operations. The facility, expected to open by year’s end, will produce injection-molded and assembled automotive components. The Kentucky Economic Development Finance Authority preliminarily approved tax incentives up to $2.5 million for the company through the Kentucky Business Investment program.
India, Palestine ink pact for setting up of techno park in Ramallah
PTI 31 Oct, 2016
India and Palestine, on October 31, 2016, signed an agreement for setting up of a techno park in Ramallah. India has announced grant of $12 million for setting up the park with payment of $3 million each on half-yearly basis for 2 years and the Palestinian side has made the land available for the project. Once completed, the Technopark will serve as an IT hub in Palestine with complete IT facilities offering a one-stop solution to all IT-related service requirements, providing state-of-the-art technology, hosting IT companies and foreign companies benefiting local business, universities and other institutions
Harry’s Fresh Foods opens new production facility in Nashville, Tennessee
Foodprocessing-Technology.com 31 Oct, 2016
US-based manufacturer of premium refrigerated products Harry’s Fresh Foods has expanded its operations by opening a 200,000 sq ft production facility in Nashville, Tennessee. The new Nashville facility will produce branded and private-label products for club, retail, industrial, and food-service customers such as desserts, sauces, entrees and sides, frozen foods, and gluten-free, organic, vegetarian and vegan products.
Samsung and LG invest US$11.6 Billion in Flexible OLEDs to Secure Orders for Apple’s iPhone 8 and beyond
patentlyapple.com 31 Oct, 2016
LG Display and Samsung Display will be investing US$11.6 billion in flexible OLEDs this year alone to win new orders for the iPhone from Apple. Samsung Display will make additional investment of US$4.47 billion in OLEDs in the fourth quarter of this year alone raising their investment to 9.7 billion for 2016. LG is on schedule to spend aproximately US$4.5 billion. Samsung Display will expand the production capacity of its A3 Line to 70,000 units a month by the end of the first half of next year from 15,000 units a month now. LG Display will be able to mass-produce flexible OLEDs in the first half of next year when E5 Line in Gumi will enter its operation phase.
MGM Resorts ready to invest up to $10B on Japan casino
reviewjpournal.com 31 Oct, 2016
Las Vegas-based MGM Resorts International could plow almost $10 billion into a Japanese casino via a publicly traded real estate investment trust. MGM would spend between 500 billion yen and one trillion yen on an ‘integrated resort’ – a large-scale project combining casinos with hotels, shopping and conference space – in Tokyo, Yokohama or Osaka. Multiple blue-chip companies would look for an equity stake in an MGM-led project.
Honda to invest $53 million in data center in Ohio
springfieldnewssun.com 31 Oct, 2016
Honda, a major employer for Clark and Champaign counties, will invest $53 million to construct two buildings on its Central Ohio campus to house its North American information technology and market quality operations. The two new facilities will be located in Raymond, Ohio, and are scheduled to open in early 2017. The facilities are currently under construction and nearing completion. The 38,000-square-foot Ohio Data Center will increase data storage for the company. The 98,000-square foot North American Quality Center building will consolidate operations for several Honda organizations under one roof, including product quality.
Texas-based company to invest in Myanmar power sector
mizzima.com 31 Oct, 2016
Texas-based Quasar Resources, an energy development company, is planning to invest from $300 to $400 million in the Myanmar power sector over the next five years. The company is looking at developing a number of projects including a 100MW solar power station in Sagaing Region.
Canada approves C$1.3 billion western gas pipeline expansion
in.reuters.com 31 Oct, 2016
The Canadian government on October 31, 2016 approved the C$1.3 billion expansion of a natural gas gathering pipeline in western Canada belonging to a wholly owned subsidiary of TransCanada Corp, with 36 conditions attached. The NOVA Gas Transmission Ltd (NGTL) expansion project will involve building and operating new gas pipelines facilities. The entire project is expected to be finished by the second quarter of 2018.
Domodedovo Airport near Moscow to invest 76bn roubles in infrastructure
russianconstruction.com 31 Oct, 2016
Amount of investment by Domodedovo Airport administration in infrastructure development will total 76,2 billion roubles over the course of 2016–2026. The final sum will depend on market conditions, company’s cash flow and volume of available financing. The funds will be raised from the proceeds and loans. The object is scheduled to be built by March 2018, in the run-up to World Cup in Russia.
McLane Dothan to invest $17M in distribution expansion
alabamanewscenter.com 29 Oct, 2016
McLane Dothan, part of the grocery division of McLane Co., announced that the Houston County Commission approved agreements to support an expansion that will create 50 jobs. Servicing customers in Alabama, the Florida Panhandle and the southern half of Georgia, the McLane division employs 300 workers in the tri-state area. The expansion project involves adding building space and equipment to support continued growth in its Southeastern footprint. The company, through McLane Grocery and McLane Foodservice, operates 80 distribution centers across the U.S. and one of the nation’s largest private fleets.
Euroget De-Invest builds 100-bed Madina District Hospital
graphic.com.gh 29 Oct, 2016
Euroget De-Invest is constructing a new 100-bed capacity health facility to help increase access to health care in the Greater Accra Region. The new facility, known as the Madina District Hospital, is about 80 per cent complete. It will serve communities in and around Madina, Kwabenya, Adenta and beyond to save the residents of these areas from travelling longer distances to seek medical care.
Ground Broken On New Airport Facility, 400 Jobs
northescambia.com 29 Oct, 2016
Ground has been broken at the planned major aircraft Maintenance, Repair and Overhaul (MRO) facility at Pensacola International Airport that will create 400 new jobs. VT Mobile Aerospace Engineering (VT MAE) plans to build the 173,000 square foot facility, spread over 19 acres of land. Design and construction of the $46 million dollar project is being made possible through a combination of funds from the State of Florida/Florida Department of Transportation (FDOT), the City of Pensacola, Escambia County, VT MAE, and the Industry Recruitment, Retention and Expansion Fund. The construction will last approximately 16 months, with the facility opening for operation in early 2018.
Tata Steel to invest $130 million in mining partnership with Quebec government
energy.economictimes.indiatimes.com 28 Oct, 2016
Tata Steel has signed agreements with the Government of Quebec to conclude investments of Canadian Dollar $130 million to set up mining operations in Quebec Newfoundland and Labrador peninsula in Canada. The investments will be made through Tata Steel Minerals Canada, a joint venture established in October 2010 by the Indian firm and New Millennium Iron Corp. The investment will result in an 18 per cent equity stake for Resources Quebec in Tata Steel Minerals Canada. The shareholdings of Tata Steel and New Millennium Iron will be adjusted to 77.68 per cent and 4.32 per cent.
GMR in race for 850 mn Euro airport project in Greece
business-standard.com 28 Oct, 2016
GMR Group along with Greece-based GEK Terna has bid for around 850 million Euro airport project in Greece. GMR Airports and GEK Terna have bid for the development, operations and management of the new international airport of Heraklion at Crete Island. Upon award, GMR Airports will be the airport operator for this project. The scope of the project involves design, construction, financing, operation and maintenance of the airport for a concession period of 35 years.
Dutch renewables firm plans to invest USD 90m in Iran
renewables.seenews.com 28 Oct, 2016
Netherlands-based Global Renewables Investments BV plans to make an initial investment of around EUR 90 million in the construction of wind and solar parks in Iran. Global Renewables Investments anticipates to deliver bankable renewable energy projects in partnership with Iranian firms Sheedsun, Energy Pak Soroush Hormozan, Lalehaye Khonin va Isargaran Khaf, as well as German company Greenmatech and Chinese Engineering, Procurement and Construction (EPC) contractor SUMEC.
Nigeria To Invest $10 Billion In Niger Delta Oil Industry
newsweek.com 28 Oct, 2016
Government of Nigeria is pursuing a $10 billion infrastructure plan to boost oil production in the Niger Delta, which has been crippled by militants in recent months. The investment will be raised from oil companies, investors and individuals, as well as state governments and the federal government.
Api Gets Nod To Set Up 8 Solar Plants
kathmandupost.ekantipur.com 27 Oct, 2016
Nepal Electricity Authority (NEA) has authorised Api Power Company to develop eight solar power projects with a combined capacity of 19.5 MW. NEA on 23rd October, 2016 awarded license to the company after it won the tender to develop solar plants at eight different locations. The solar plants will be set up at Dhalkebar (1 MW), Dhuabi (1.5 MW), Parwanipur (8 MW), Simara (1 MW), Chandranighapur (4 MW), Bardaghat (1 MW), Chanauta (1.5 MW) and Kawasoti (1.5 MW). The company plans to complete the construction of the plants and connect the electricity generated to the national grid within a year.
Beximco to set up 30MW solar power plant in Panchagarh
thedailystar.net 27 Oct, 2016
Beximco plans to set up a 30-MW solar power plant in the northern district of Panchagarh through a joint venture with a Chinese company. The cabinet committee on purchase on 26th October, 2016 approved a proposal for power purchase from the joint venture at a rate of Tk 11.12 a unit under a 20-year contract. Beximco Power Co and Jiangsu Zhongtian Technology of China will set up the solar power plant at Tentulia in Panchagarh. The company with its own fund will procure the land and set up the transmission line and sub-station.
Alchip to set up subsidiary in Hefei
digitimes.com 26 Oct, 2016
Alchip Technologies, provider of ASIC/SoC design services, has signed an MoU with the Hefei city government of China’s Anhui province to set up a subsidiary locally. According to the MoU, Alchip will assist Hefei to cultivate high-level professionals in the chipmaking sector, while providing design services for local firms via strategic partnerships and it will also be able to deepen its relationship with companies in Hefei.
MPG announces expansion of Indiana facility
pm-review.com 26 Oct, 2016
Metaldyne Performance Group, provider of highly engineered components for use in powertrain and suspension applications for the global light, commercial and industrial vehicle markets, plans to expand its operations in North Vernon, Indiana, USA, creating up to 126 new jobs by 2019. The company will invest $30.6 million to lease and equip the 32,400 sq. ft facility. With construction scheduled to begin later this month and operations slated to begin in 2018.
Hyundai Dymos to Set Up Seat Manufacturing Capability at Elio Motors Shreveport, La., Manufacturing Facility
prnewswire.com 25 Oct, 2016
Elio Motors, Inc., the startup vehicle manufacturer planning to launch a three-wheel vehicle, has announced Hyundai Dymos as its seating manufacturing partner. Hyundai Dymos will set up production capability onsite at Elio Motors’ Shreveport, Louisiana, manufacturing facility.
Huhtamaki to set up new flexible packaging units in Egypt and India
foodbev.com 25 Oct, 2016
Huhtamaki will set up new manufacturing facilities in Egypt and India to boost growth in its flexible packaging business. The largest of the new units will be located in Cairo, while the other two are located in northeast India. In addition, one label manufacturing unit in Mumbai will be relocated and modernized, completing a round of investment worth approximately €32 million across the two countries. The majority of the changes are expected to take place before the end of 2017.
Ashland Opens Pharmaceutical Excipient Production Facility in China
powderbulksolids.com 25 Oct, 2016
Ashland cut the ribbon at the start of a new production line in Nanjing, China, fulfilling a pledge to produce its world-class excipients in Asia. Among the cellulose-based excipients, Ashland will make available to China’s markets include those sold under the Klucel HPC, Benecel HPMC, Blanose CMC, and Aqualon EMC trade names. The company also will make available a series of PVP-based polymer excipients, including Plasdone PVP and Polyplasdone PVPP polymers. All of these products are sold with a Registered Pharmaceutical Excipient Certificate, as required by the China Food & Drug Administration.
macaudailytimes.com.mo 24 Oct, 2016s
The Government of Guinea-Bissau last week signed an agreement with the Chinese company, Shenyang Lan Sa Trading Co, for the construction of a biomass power plant to supply the cities of Bissau and Mansoa in the centre of the country. Under the agreement, the Chinese side is committed to producing an unspecified amount of rice, of which 67% will be for consumption and the remaining 33% to feed the power station. The signing of this memorandum is the culmination of five years of studies conducted by his company on the feasibility of the project.
East Cork firm to invest €6m in green energy plant
irishexaminer.com 24 Oct, 2016
Eras Eco, a waste management company in East Cork plans to invest €6m in the construction of a green energy plant which will transform food waste into enough electricity to power 3,000 homes. The company will build the plant at its existing facility at Foxhole in Youghal and feed the electricity enough to power every home in the town into the national grid. The work on the facility, which has full planning permission, will start over the coming months. The facility will operate under a licence from the Environmental Protection Agency.
JSW Energy signs MoU to set up a thermal power plant in Kingdom of Swaziland
indiainfoline.com 24 Oct, 2016
JSW Energy has signed a binding MoU with the Swaziland Electricity Company (SEC) and the Government of the Kingdom of Swaziland to set up a thermal power plant in the Kingdom of Swaziland. The capacity of the power plant to be set up will be decided by JSW Energy in consultation with SEC based on the coal resources found during the exploration of an area of approximately 16,000 hectares to be prospected by JSW Energy under a prospecting license granted to them. JSW Energy and SEC shall also explore the possibility of exporting power to the neighboring countries that are connected through a common transmission network.
La Pine planning water and sewer upgrade
bendbulletin.com 24 Oct, 2016
La Pine, the youngest city in Oregon, is undertaking an estimated $25 million project to improve its water and wastewater systems. La Pine is applying for state and federal grants to help fund the work. Potential grants include a $2 million Community Development Block Grant from the Oregon Business Development Department. Other funds could come from the U.S. Department of Agriculture and various state agencies. Construction is expected to commence in 2018.
Groundbreaking for Research Facility
rgvproud.com 24 Oct, 2016
The University of Texas Rio Grande Valley (UTRGV) on 26th October, 2016, will join Doctors Hospital at Renaissance in celebrating the groundbreaking of a new research facility that will provide UTRGV and its School of Medicine vital space for medical research and educational and clinical uses. The facility will be built by DHR and DHR Real Estate Management, L.L.C., and leased to UTRGV. The private-public leasing agreement has been approved by The University of Texas Board of Regents in September 2016.
Petrobras & Total To Expand Joint Global Oil & Gas Projects
blogs.barrons.com 24 Oct, 2016
Petroleo Brasileiro or Petrobras (PBR) and French integrated oil giant Total (TOT) signed an agreement to expand joint work on oil-and-gas projects in Brazil and internationally. Petrobras and Total are already working on joint deep-water oil exploration projects, including one in the U.S. Gulf of Mexico and another off the coast of Nigeria.
Two JV firms formsd to operate coal-fired thermal power plants in Fukushima, Japan
power-technology.com 24 Oct, 2016
Mitsubishi Corporation Power, Mitsubishi Heavy Industries, Mitsubishi Electric Corporation, Tokyo Electric Power, and Joban Joint Power have established joint ventures Nakoso IGCC Power GK and Hirono IGCC Power GK for the construction and operation of coal-fired power plants in Fukushima, Japan. Approvals gained by Tokyo Electric Power and Joban Joint Power following the environmental impact assessment are transferred to the newly established companies. In addition, the total cost of the project surpasses JPY300bn and a certain portion will be financed by the five participating companies. The remaining costs will be secured from several domestic financial institutions including The Bank of Tokyo-Mitsubishi UFJ, Development Bank of Japan, Mizuho Bank, Sumitomo Mitsui Banking Corporation, and Fukushima’s The Toho Bank. Operation of the plant is expected to start in September 2020 while the Hirono plant is expected in September 2021.
GP Wood announces €14 million capital investment in Enniskeane
westcorktimes.com 24 Oct, 2016
GP Wood has announced a €14 million capital investment programme for its plant at Enniskeane. The investment will fund an enhanced product range, increase plant capacity and create an additional 27 direct and indirect jobs. The company’s timber manufacturing is focused on the construction, fencing, garden leisure and packaging markets.
Food Prepper Eyes New Des Plaines Location
journal-topics.com 24 Oct, 2016
Lan Foods Corp., specialized in producing wholesale sandwiches, plans to begin processing food in Des Plaines. The proposal is expected to be discussed on 8th November, 2016 at the planning and zoning commission meeting. The approximate 12,000 sq. ft., one-story office building is located just north of Mount Prospect Road and Oakton Street.
Gold Fields invests $1.4bn to extend Damang’s life-of-mine
miningweekly.com 24 Oct, 2016
Gold Fields will invest $1.4-billion to extend the life of its Damang mine, in Ghana, from 2017 to 2024. Over the life of the mine, 165-million tons will be mined, with 32-million tons processed at a grade of 1.65 g/t, resulting in total gold production of 1.56-million ounces. The reinvestment plan for the mine is based on mineral resource models that are updated earlier this year and extensively reviewed both internally and by external consultants, SRK Consulting, Optiro and Rowley Geological Services and it will also include the construction of the Far East Tailings Storage Facility (FETSF), as the existing TSF is approaching full capacity. Stage 1 of the new FETSF is planned for completion by the end of next year and will provide 20-million tons of capacity.
Holroyd Opens First US Manufacturing Plant in SC
cpexecutive.com 24 Oct, 2016
Holroyd Precision Components, a sub-contract manufacturing division of Precision Technologies Group., is establishing its first U.S. manufacturing operations at Spartanburg’s Corporate Center. The factory will use an existing 34,650-square-foot facility at 130 Corporate Drive in Spartanburg, where operations are expected to be underway in the fall of 2016. The new facility will work closely with clients in the HVAC, air compression, gas transmission and distribution, and fluids processing, metering and handling market sectors.
Pioneer building new corn, green bean packing operation
thepacker.com 24 Oct, 2016
Pioneer Growers Co-op is constructing a modern packing facility will transition the Glades’ oldest corn and bean packing operations to one of the region’s newest. The more than 50,000-square-foot packing operation will include 37,000 square feet of refrigerated storage space and 12,000 square feet of refrigerated processing area for the organization’s sweet corn and green beans. The cooperative broke ground on the new venture over the summer and expects the building to be opened by 1st March, 2017. The first phase is a new corn tray packing facility which will be housed in the new operation. The second phase involved construction of a new corn receiving and hydrocooling area.
Apollo Tyres setting up 475 mn euro greenfield plant in Hungary
business-standard.com 23 Oct, 2016
Apollo Tyres is setting up a greenfield plant at Gyongyoshalasz in Hungary with an investment of 475 million euros. The facility will be a state-of-the-art plant and once completed it will have a capacity to produce 5.5 million (55 lakh) passenger car and light truck (PCLT) tyres and 6,75,000 Heavy Commercial Vehicle (HCV) tyres per annum and it will start production early next year.
Sheridan Hospital breaks ground on new $13 million facility
mtstandard.com 23 Oct, 2016
Sheridan’s Ruby Valley Hospital and Medical Center is getting a new $13 million facility. A groundbreaking for the facility is slated for 26th October, 2016, and it will consist of a health-care clinic, physical-therapy and radiology departments, three emergency rooms, a helipad and additional space for specialists, administration and hospital rooms. The construction on the new hospital is expected to be completed in spring 2018.
Eureka Forbes plans expansion
thehindubusinessline.com 23 Oct, 2016
Eureka Forbes is expanding its presence in Europe as well as North and South America, besides other geographies. The company will also be launching new-age products in categories such as water and air purifiers, security systems and lifestyle automation solutions in the domestic market.
New Zealand outlines $100bn infrastructure pipeline
theconstructionindex.co.uk 23 Oct, 2016
The New Zealand government’s latest capital plan sets out a pipeline of NZ$100.9bn of infrastructure projects over the next decade. The Ten Year Capital Intentions Plan (CIP) covers the period from 2016-2025. Of the 3,823 projects in the 2016-2025 pipeline, 219 belong to central government and are valued at NZ$40.5bn, 3,559 belong to local government and are valued at NZ$51.1bn and 45 projects belong to the private sector at a value of NZ$9.2bn.
PlasticsEurope announces creation of a new packaging group
britishplastics.co.uk 23 Oct, 2016
PlasticsEurope has announced the creation of a new Plastics Packaging Circular Economy Group at K 2016 to contribute to Europe’s Resource Efficient Circular Economy ambition. The group will be working with the value chain to maximise the fullest potential of plastics in delivering superior resource efficiency gains within the circular economy. The aim of the new group is to further develop the use of plastics packaging by strengthening engagement throughout all parts of the supply chain, as well as working in a more holistic way.
New York To Invest $55M In Tourism
wibx950.com 23 Oct, 2016
New York state has a $55 million plan to increase tourism. The money will pay for advertisements and campaigns to promote state attractions, as well as upgrades to state welcome centers and efforts to highlight locally made food and beverages.
Chinese group mulls building steel plant in the Philippines
chinadaily.com.cn 22 Oct, 2016s
China’s Baiyin Nonferrous Group Co agreed to consider setting up a stainless steel plant in the Philippines that could cost as much as $700 million, as part of a wider push to boost trade and economic ties between the two countries. The stainless steel plant will have an annual capacity of 1 million metric tons using ore from the Philippines.
Adelaide Airport Authority unveil plans for $50m hotel
abc.net.au 22 Oct, 2016
A $50-million hotel has been planned for Adelaide Airport in South Australia. The construction of the 165-room, seven-storey hotel is expected to start in April 2017, with an anticipated opening in late December 2018.
French firm Total to invest $2B in Iran’s petchem industry
payvand.com 22 Oct, 2016
Iran expects the French energy giant Total to invest as much as $2 billion in its petrochemical industry. Total’s investment will be made in an olefin project. A deal to the same effect will be signed with the company before April 2017.
USDA announces $7 million to expand wood products and wood energy markets
newtoncountytimes.com 22 Oct, 2016
The U.S. Department of Agriculture (USDA) will invest up to $7 million in grants for projects designed to expand wood products and wood energy markets that support sustainable forest management, especially in areas with high wildfire risks. These grants are available through the U.S. Forest Service’s Wood Innovations Program.
South Sudan plans multi-million power project in Upper Nile
sudantribune.com 22 Oct, 2016
South Sudan plans to construct a multi-million dollar power transmission line in its oil-rich Upper Nile to connect Renk and Malakal towns. The completion of the power project requires $362 million. Meanwhile, the company has already undertaken feasibility studies for various huge hydropower projects with a combined capacity of 2, 000 MW. The planned projects, include Fula (890 MW), Shukoli (235 MW), Lakki (410 MW) and Bedden (570 MW).
Hindujas unveil plans for new hotel at iconic London building
business-standard.com 21 Oct, 2016
The Hinduja Group on 21st October, 2016 unveiled its plans for a new luxury hotel complete with a swimming pool, spa and roof top bar to be built on the site of the historic Old War Office building, once occupied by Britain’s war-time Prime Minister Winston Churchill. The new building will include a ballroom for 600 guests, a 25-metre swimming pool, spa, wine cellars and roof top bar as well as 125 bedrooms and 88 flats. The 580,000 square feet development has been designed by London architects EPR.
Argentina’s Cordoba province gets funds for gas pipeline expansion
platts.com 21 Oct, 2016
Cordoba has raised $150 million in a bond sale to help finance construction of a pipeline to increase natural gas deliveries in the central province. The 10-year bonds are sold on 20th October, 2016 at a price to yield 7.125%. The proceeds will make it possible for the province to meet its infrastructure targets.
Sumitomo to build largest Thai gas-fired power plant
asia.nikkei.com 21 Oct, 2016s
Sumitomo Corp. will construct a gas-fired power plant in a deal valued at roughly 65 billion yen. The company is to sign a contract with the Electricity Generating Authority of Thailand in 2017 and begin construction that year, with completion targeted for the end of 2019. The 1,400-MW thermal facility will be built as part of an upgrade of the Bang Pakong Power Plant near Bangkok.
Chinese manufacturer to open $20 mn factory in Arkansas
moneycontrol.com 21 Oct, 2016
Suzhou Tianyuan Garments Company, that makes apparel under the Adidas, Reebok and Armani brands will open a factory in Arkansas. The state has signed an MoU with the company to invest USD 20 million in a location, most likely in Little Rock. The state’s deal with Tianyuan Garments calls for Arkansas to provide a USD 1 million infrastructure assistance grant, USD 500,000 for training and an estimated USD 1.6 million in rebates based on the company’s annual payroll.
New BMW Group plant in Brazil starts motorcycle production
auto.economictimes.indiatimes.com 21 Oct, 2016
BMW Motorrad, a two wheeler manufacturer has officially started operation at the motorcycle production plant in Manaus, Brazil. A total of around 10.5 million euros has been invested in the new plant. The plant has an initial capacity to produce 10,000 motorcycles per year. Built on an area of around 10,000 sq. mtrs, the new plant took about nine months to complete.
Bombardier Plans to Set Up Railway Cluster in Morocco
me-confidential.com 21 Oct, 2016
Bombardier, Canadian plane and train maker plans to set up a railway cluster in Morocco to serve as an industrial platform to provide services to African countries. The company has already invested $200 million in the facility. The company wants to build 40,000 sq. mtrs industrial units, set up an engineering center in Casablanca, create 600 direct jobs and transfer its know-how in the sector to Moroccans.
Solvay plans facility, partnership in Mexico
plasticsnews.com 21 Oct, 2016
Cooper Pharma, on 19th October, 2016 signed a deal that paves way for construction of a plant at Kigali Special Economic Zone in Gasabo District, Rwanda on a plot of 10,000 sq. mtrs of land, to manufacture antibiotics. The plant is set to be operational in 2019. The plan is to also produce non beta-lactam drugs, in line with local market needs and good manufacturing practices internationally.
Gunkul to invest USD 308m in Japanese solar park
mrt.com 21 Oct, 2016
The West Texas Food Bank has opened its Midland Community and Volunteer Center on 21st October, 2016. The facility will feature resources to help battle hunger through education and community service. Classes, demonstrations and gardening will all be part of the initiative.
Auchan To Develop Major Logistics Facility In Russia
esmmagazine.com 21 Oct, 2016
Auchan is to construct a largest supply chain centre in Domodedovo, Russia which will cover 138,000 square metres of floor space, will greatly expand the retailer’s capacity for distribution in the Moscow area, where it will serve 50 hypermarkets. It will cost approximately six billion roubles to develop, and generate 750 jobs.
New Colombia Resources plans to build thermal coal power plant in Guaduas, Colombia
power-technology.com 21 Oct, 2016
New Colombia Resources, a Colombian company focused on the acquisition and development of high-quality metallurgical coal properties is planning to build a thermal coal power plant in Guaduas, Colombia. Earlier this year, a subsidiary of New Colombia Resources Compañía Minera San Jose initiated negotiations with a foreign entity for constructing a 300 MW thermal coal power plant near its estimated vast coal reserves. The foreign entity has secured a Letter Of Intent (LOI) for $200m from a Chinese construction company to join a consortium and finance the development of coal operations to feed this new plant and construct the power plant.
Brazil’s Grupo Telles opens 3-MW PV plant in Ceara
renewables.seenews.com 21 Oct, 2016
Grupo Telles has inaugurated a 3-MW PV park in Ceara state. The company has plans to increase the park’s capacity to 5 MW in the near future. So far, BRL 30 million have been invested in this power plant, which is comprised of 9,223 solar panels supplied by US company SunEdison Inc.
Construction starts on $120M Arizona research facility
worldconstructionnetwork.com 20 Oct, 2016
McCarthy Building Companies has begun work on Arizona State University’s (ASU) $120M Biodesign C Research building in Arizona, US. The new facility will include five stories plus a basement. The 17,500 sq. mtrs building will house a key drug discovery and bioenergy research tool and it will be home to 80 lead researchers and 400 support staff.
Global Rubber to set up US $ 75mn tyre manufacturing plant
dailymirror.lk 20 Oct, 2016
Global Rubber Industries (GRI) will be investing US $75 million in a tyre manufacturing plant, to produce both radial and solid tyres in Horana. The approval is given to facilitate the project through the Board of Investment (BOI). The project will take two to three years to commence.
Alibaba, Suning to set up e-commerce firm
chinadaily.com.cn 20 Oct, 2016
Alibaba Group Holding and Suning Commerce Group Co plans to invest $148 million to set up an e-commerce firm in Chongqing. Suning will invest 510 million yuan, gaining a 51 percent stake in the new joint venture, while Alibaba will pay 490 million yuan, owning a 49 percent stake. The business scope of the new e-commerce firm covers services, wholesale and retail, and technological development and consulting. The joint venture will operate and manage the stores opened by Suning on Alibaba’s online platform, expand business based on the customer-to-business model to improve the brand’s services and their quick response to consumers’ requests, as well as innovate the online-to-offline operating model to improve the service quality for small-and medium-retailers and consumers.
Watco announces plans for Burley rail facility
magicvalley.com 20 Oct, 2016
Watco Companies LLC, which purchased the old Keystone RV manufacturing facility west of Burley, will establish a short line rail service that will take agricultural and other products to market across the country. The new facility will reduce turnaround time for shipping and loading rail cars. The project has three components, the trans-loading facility, the warehouse facility that will be available for other businesses to use and the development potential of the property that can house other businesses related to rail.
Chinese companies to help Malaysia build new deep sea port in Malacca
news.xinhuanet.com 20 Oct, 2016
The inaugural foundation laying ceremony of Melacca Gateway Port in Melacca, Malaysia has been held on 19th October, 2016. The deep sea port, part of a grander 30 billion-ringgit Melaka Gateway Project, is estimated to cost around 8 billion ringgit and will be built with the help of PowerChina International, Shenzhen Yantian Port Group and Rizhao Port Group. The port is designed as a liquid cargo terminal, which will have storage facilities for liquid cargo, including petroleum, chemical products and vegetable oil and it is expected to be completed by 2019
Moroccan Pharmaceutical Firm to Set Up Manufacturing Plant in Rwanda
allafrica.com 20 Oct, 2016
Cooper Pharma, on 19th October, 2016 signed a deal that paves way for construction of a plant at Kigali Special Economic Zone in Gasabo District, Rwanda on a plot of 10,000 sq. mtrs of land, to manufacture antibiotics. The plant is set to be operational in 2019. The plan is to also produce non beta-lactam drugs, in line with local market needs and good manufacturing practices internationally.
Gunkul to invest USD 308m in Japanese solar park
renewables.seenews.com 20 Oct, 2016
Gunkul Engineering Pcl is planning to invest USD 308m in a 75-MW solar project in Yamaguchi Prefecture, Japan. The company will appoint I V Global Securities PCL as an independent financial advisor on the planned investment in the Iwakuni project. Once built, the solar park will sell power to Chugoku Electric Power under a 20-year PPA. The company intends to secure a loan from a financial institution and combine it with working capital and cash flow to finance the solar project.
GIC, Mega Manunggal to Invest S$1 Billion in Warehouses
bloomberg.com 20 Oct, 2016
Singapore’s sovereign wealth fund GIC Pte and Indonesian warehouse provider PT Mega Manunggal Property Tbk are spending a total of S$1 billion over the next three years on warehouses in Southeast Asia’s biggest economy. GIC, through its subsidiary Reco Indolog Pte, and Mega Manunggal formed Mega Khatulistiwa Properti, an investment company which already started construction of three warehouses with over 115,000 square meters of total net leasable area. The three projects will be completed in 2017.
Evonik begins work on $550-mn methionine complex in Singapore
business-standard.com 20 Oct, 2016
Evonik Industries has begun construction work to build a second large-scale plant for the production of the amino acid DL-methionine at Jurong Island in Singapore. The complex, to be built with an investment of about $ 550 million, will have an annual production capacity of 150,000 metric tonnes and is expected to become operational in 2019. The company sells DL-methionine under the brand name MetAMINO.
IHG to expand Even Hotels brand to Australia and NZ
traveldailymedia.com 20 Oct, 2016
InterContinental Hotels Group (IHG) outlined plans to introduce its Even Hotels brand to Australia and New Zealand, expanding this brand outside the United States for the first time. The deal, signed at this week’s HICAP conference in Hong Kong, involves IHG working with long-term partner Pro-invest to establish a portfolio of Even Hotels across Australia and New Zealand in response to growing demand for wellness travel.
Photovoltaic farm on roof of Gozo sewage treatment plant approved
timesofmalta.com 20 Oct, 2016
The Planning Commission has approved the development of a photovoltaic farm on the roof of the Gozo sewage treatment plant. Trenching works connecting electricity cables to the existing substation have also been approved. The approved communal solar photovoltaic farm system will cover a roof area of approximately 1,600 sq. mtrs, with each panel being inclined at an angle of 10 degrees. Trenching works shall cover an approximate length of 110 metres and depth of 0.8 metres.
German chemicals giant Evonik to invest $762m in second plant on Jurong Island, create over 150 jobs
straitstimes.com 19 Oct, 2016
Evonik Industries, a specialty chemicals manufacturer on 19th October, 2016 has broken ground on its second methionine plant on Jurong Island. The new complex, with investment costs of more than S$762 million is expected to become operational in 2019. It will be able to produce of 150,000 metric tonnes of the DL-methionine, an essential amino acid used in animal feed – increasing the company’s annual capacity to about 300,000 metric tonnes in Asia, and about 700,000 metric tonnes worldwide.
Air Liquide builds ingredients plant in US for cosmetics and pharmass
business-standard.com 19 Oct, 2016
Air Liquide, through its two subsidiaries Seppic and Schulke, is building a new specialty ingredients production facility at Sandston (Henrico County, Virginia) in the US for the cosmetic and pharmaceutical markets. Seppic is a healthcare specialty ingredients manufacturer, while Schulke is a hygiene specialist. Expected to start operations in the first half of 2018, the project will witness an investment of over $60 million. This new production facility will manufacture ingredients for the cutting-edge cosmetic and pharmaceutical global markets.
A Schulman to set up sheet moulding compound production line in Germany
business-standard.com 19 Oct, 2016
A Schulman Inc, supplier of high-performance plastic compounds and composites, will expand its compounding capacity with the addition of a new Sheet Moulding Compound (SMC) production line in Germany. The new line will be operational by the end of 2017. Furthermore, in order to address increased demand from its European-based customers prior to operation of the new line, the company has opened an inventory facility in Slovenia. The new production line will allow A Schulman to produce its entire range of glass and carbon fibre sheet moulding compounds in Europe, including its Quantum Engineered Structural Composites portfolio.
Trinseo to build styrene butadiene rubber pilot plant in Germany
business-standard.com 19 Oct, 2016
Trinseo, formerly known as Styron and the manufacturer of plastics, latex binders and synthetic rubber plans to build a new Solution-Styrene Butadiene Rubber (S-SBR) pilot plant in Schkopau, Germany, for its synthetic rubber business. The plant will allow for more efficient use of Trinseo’s production facilities and help speed up innovation in the performance tyres market and it will begin operation in Q4 2017.
Dover starts drinking water upgrade project
wmur.com 19 Oct, 2016
The City of Dover, New Hampshire, has broken ground on a new project to upgrade its drinking water supply and treatment facilities. Its first phase will replace a water treatment facility originally built in 1957. That’s expected to be completed in the spring of 2018. The city received a loan from the state of $8.5 million for it. The second phase, scheduled for 2017 to 2019, will include upgrades to pump-stations and storage tank facilities, at an estimated cost of $9 million
Reser’s Find Foods will invest $86.5 million into new Topeka plant
ksnt.com 19 Oct, 2016
Reser’s Fine Foods plans to break ground on a new plant and it intends to invest $86.5 million. The new prepared salad plant will not only support the sustained growth Reser’s has experienced over the past several years, but will also position the company for future expansion. All manufacturing activities and jobs at the existing prepared salad plant will move to the new facility in January 2018.
E & E Manufacturing Expands Athens Facility
chattanoogan.com 19 Oct, 2016
E & E Manufacturing of Tennessee, LLC will expand its Athens facility. The automotive components manufacturer will invest $23.5 million for the purpose. This expansion will add 76,000 square feet to the current facility which will create a total space of 285,000 square feet.
Guinea container terminal to boost new mine project
thenational.ae 19 Oct, 2016
Emirates Global Aluminium (EGA) on 19th October, 2016 inaugurated a container terminal which will enable the import of construction materials for a new mine. The terminal, at the Port of Kamsar, will be operated by Abu Dhabi Ports. Separately, EGA is developing a bulk terminal that will handle vessels three to four times larger than previously. This will reduce export costs per tonne when the terminal is eventually used for outward cargoes.
Alro Steel Expands To New Tulsa Facility
newson6.com 19 Oct, 2016
Alro Steel, a metals distributor and processor, celebrated a new expansion in Tulsa along with a membership in the Tulsa Regional Chamber of Commerce. The company has been in business since 1948 and offers metals, industrial supplies and plastics in 12 states.
Georgetown Brewery Plans Facility Expansion
twcnews.com 19 Oct, 2016
Rentsch Brewery plans to triple its facility space and produce 10 times more beer. The expansion includes a new canning operation that will allow the company to start selling its beer in stores. Georgetown City Council members approved a $70,000 measure to help the brewery update water and electric lines.
Solvay to expand sulfone polymer capacity
prw.com 18 Oct, 2016
Solvay, a specialty polymer supplier expects to increase global production capacity for its high-performance sulfone polymers by more than 35% in the next five years. The firm plans to make investments at its facilities in the US and Asia. The company, whose portfolio includes Udel polysulfone (PSU), Radel polyphenylsulfone (PPSU) and Veradel polyethersulfone (PESU) has boosted capacity by more than 12,000 metric tons over the past decade through similar measures.
Ivory Coast to spend $170 mln on expanding fibre optic networkss
telecom.economictimes.indiatimes.com 18 Oct, 2016
Ivory Coast will invest about $170 million on expanding its fibre optic telecoms network by 5,000 km, making Internet services cheaper and more accessible across the country. The government has chosen French companies Bouygues and Sagemcom and Morocco’s Cegelec to complete the project. The project, which will include the laying of three undersea cables, will start before the end of 2016 and will take between 18 months and two years to complete.
Hedcor sets Manolo project commissioning by Q3 2017
bworldonline.com 18 Oct, 2016
Aboitiz Power Corp. Subsidiary Hedcor, Inc. has scheduled the commissioning of its 68.8 MW manolo fortich hydropower project in bukidnon province by the third quarter of next year. The project has now reached 3.7 million man-hours and is now 63% completed.
Danang build new airport terminal
ttrweekly.com 18 Oct, 2016
Danang International Airport’s new international terminal will open on 30th April, 2017. The construction of the outer structure will be completed by the end of November and the interiors will be ready by March 2017 to allow testing of all facilities ahead of the official opening. The project has three main sections: a terminal, a flyover and a parking lot. Once completed, it will have 20 check-in counters, 22 check-out desks and 10 boarding gates. The project has an investment capital of USD158 million.
ACI to build new data centre in Ireland
bignewsnetwork.com 18 Oct, 2016
ACI is to add a new data centre to its operations in Limerick, resulting in a 50% expansion of its workforce. The development, in partnership with IDA Ireland, will see ACI increase its worker numbers from 100 to 150.
Aquila Capital buys Swedish windpower project
powerengineeringint.com 18 Oct, 2016
Aquila Capital has bought a large wind power project being built in Sweden. The Lehtirova windfarm will comprise 41 Vestas V 126 3.6 MW turbines and have an installed capacity of almost 148 MW once it is connected to the grid in 2018. A large proportion of the energy produced by the wind park will be sold at a fixed price to a subsidiary of Google under a long-term power purchase agreement and the project developer is Swedish renewable energy company OX2.
Omniva to set up new logistics centre near Tallinn
postandparcel.info 18 Oct, 2016
Omniva, the national postal and logistics company aims to set up a new logistics centre in the Estonian town of Juri, near Tallinn. The company plans to relocate from its current logistics centre in Tallinn’s Pallasti Street to the new building in the autumn of 2018. The new logistics centre will employ at least 300 people and receive a new parcel sorting line, for which the procurement is under way.
FedEx unveils €1.4bn commitment to Paris CDG hub
aircargonews.net 18 Oct, 2016
FedEx will make a billion dollar commitment to its logistics hub at Paris Charles de Gaulle (CDG) airport, a move that will almost double the facility’s capacity. The company will spend a total of €1.4bn, including an investment of €200m in a new facility and a 30-year lease, on the hub. The investment will involve the creation of a new sorting facility that will open in 2019, with construction due to get underway in summer next year, and will create as many as 400 jobs.
Aluminum mold company to open facility in Spartanburg County, create 60 new jobs
live5news.com 18 Oct, 2016
International Mold Corporation, an aluminum design and build company plans to build its first South Carolina plant in Spartanburg. The project is expected to bring $6.2 million in new investment and create 60 new jobs. The new 24,000-square-foot facility has the ability for future expansion of up to 100,000 square feet and it is expected to be operational by spring 2017. Hiring is expected to begin in mid-2017.
Prestige Organization Builds $6M Self-Storage Facility in Beaumont, TX
insideselfstorage.com 18 Oct, 2016
Clay McDaniel, a self-storage developer is set to begin construction on a three-story facility in Beaumont, Texas. The project will comprise 85,000 rentable square feet and it is being developed under the name Prestige Organization LLC for about $6 million. The facility is expected to open in the spring.
BRICS Investors tie up for Siberian gold mine project
economictimes.indiatimes.com 17 Oct, 2016
The Khemka family’s SUN Group, China National Gold Group Corporation, Russian sovereign investment fund Far East and Baikal Region Development Fund, and two other partners from Brazil and South Africa will jointly develop Kluchevskoye gold deposit, located in Chita region of Siberi, in the first BRICS investment project. The proposed joint venture aims to develop the Kluchevskoye gold deposit, into a significant open pit mine and heap leach operation with an expected production rate of 12 million tonnes of ore per year and gold dore production of over 6.5 tonnes per annum, as per feasibility study done by Changchun Gold Design Institute. The pre-production investment is expected to be $400-500 million. It will provide management and development expertise and will have responsibility for raising long-term favourable debt financing for the project.
China Harbour to build new container terminal in Damiettass
container-mag.com 17 Oct, 2016
The Port of Damietta Authority has signed a Memorandum of Understanding (MOU) with China Harbor Engineering Company to develop a second container terminal at the port. Under the agreement, China Harbor will build a new terminal featuring 2.2 km of berths with a 17 m depth and a 700 sq m stacking space. The project is expected to last a total of 24 months, with the port authority set to launch an international tender in the meantime to select a terminal operator to run the facility upon its completion. The Chinese government is expected to finance 85% of project, with the port authority expected to retain complete ownership of the terminal.
Action Hotels Plc New hotel in Melbourne Zeus Capital say Significant long term value
directorstalkinterviews.com 17 Oct, 2016
Action Hotels Plc is pleased to announce that it has secured a long-term, 92-year lease on a plot of land at Melbourne Convention and Exhibition Centre for the development of a new four-star hotel in Melbourne. The new hotel, which is expected to open in Q1 2018, will comprise 317 rooms and 14 apartments, making it the second largest hotel in Action’s portfolio. The approximate total project cost is $69m1, which Action will fund partially through a new debt facility for the project and partially through existing resources.
Cipla signs deals to set up first biosimilars units in South Africa
HBL 16 Oct, 2016
Cipla has signed a memorandum of agreement with KwaZulu-Natal Dube Trade Port Special Economic Zone for first biosimilars manufacturing facility in South Africa to be set up at a cost of nearly USD 91 million. It is set to produce a range of affordable treatments for cancer and other autoimmune diseases for the African and global market. The construction of the new facility is scheduled to start early next year, with full operations expected to commence in the third quarter of 2018.
LG Chem to expand ethylene production capacity
koreaherald.com 16 Oct, 2016
LG Chem will invest $253 milllion over the next three years to raise the ethylene production capacity of its naphtha cracking center by 230,000 tons in Daesan of South Chungcheong Province. It plans to double its sales of specialty chemicals such as its self-developed polyolefin products, acrylonitrile butadiene styrene and engineering plastics to $6.2 billion by 2020. It has already invested some 400 billion won into driving up its elastomer production capacity by 290,000 tons by 2018.
Wastewater treatment plant to be built in Ola
couriernews.com 16 Oct, 2016
The Ola City Council met to approve moving forward with construction of a new wastewater treatment plant at Old Highway 10, east of Ola. The city received a combination of a grant and loan for the facility from Arkansas Rural Development. The grant is for $953,400 and the loan is for $957,000 totaling $1,910,000. Construction should begin in spring or summer of next year.
Tesla and Panasonic agree to build solar panels in Buffalo, if SolarCity acquisition happens
theverge.com 16 Oct, 2016
Tesla and Panasonic have agreed to partner on the production of solar panels at a new facility in Buffalo, New York. The agreement, which is actually a non-binding letter of intent, is contingent on shareholder approval of Tesla’s acquisition of SolarCity.
Arab Contractors to build two new hotels in Dubai
hoteliermiddleeast.com 16 Oct, 2016
Two new hotels in Dubai with a total value of $15m are welcomed by investors. An agreement has been signed between Arab Contractors and Al Ghurair Real Estate for the construction of two hotels in Dubai. Each building includes a ground floor, four typical floors for hotel, built on 350,000m2.
Hyundai Motor to build knockdown assembly plant in the Philippines
mb.com.ph 16 Oct, 2016
Hyundai Motor Co. will build its first assembly plant in the Philippines. Hyundai Motor and its exclusive distributor HARI plan to first install an assembly line that is capable of assembling in between 5,000 and 6,000 vehicle units annually in a plant managed by Star Motors Manufacturing Corp. owned by HARI. They plan to expand annual production to 40,000 units. The facility will mainly assemble components to build the Eon, Hyundai’s small vehicle with an engine displacement of 800 cubic centimeters (cc) that has been gaining much popularity among consumers in India and the Philippines.
Russias Rusnano to invest $158.9 mln into wind energy projects
russia-now.com 16 Oct, 2016
Rusnano plans to invest over $158.9 mln into wind powerengineering projects in Russia. It made a decision in Rusnano to initiate a major wind power engineering projects with all components: equipment manufacturing in Russia and construction of wind-driven power plants.
Drilling starts for 240 MW Sorik Merapi project, North Sumatra, Indonesia
thinkgeoenergy.com 16 Oct, 2016
KS Orka Renewables Pte Ltd has announced that drilling operations have started at its 240 MW Sorik Merapi project located at North Sumatra, Indonesia on 15th October, 2016. The KS Orka team aims for bringing the first pilot power plant into operation in 2017.
Four Seasons to open new hotel in Kuwait
tradearabia.com 16 Oct, 2016
Four Seasons Hotels and Resorts and Alshaya announced plans for a Four Seasons Hotel Kuwait located at Burj Alshaya in downtown Kuwait will open in early 2017 as part of Alshaya’s new Burj Alshaya mixed-use development. The 284-room Four Seasons Hotel will be located in the Burj Alshaya’s 22-storey Eastern Tower. The hotel will offer both indoor and outdoor pools, creating an urban resort oasis complete with a poolside waterfall, lush greenery and outdoor cabanas. It will also feature a world-class spa, yoga studio and state-of-the-art fitness centre as well as two ballrooms and a range of conference and banqueting rooms able to welcome up to 2,000 people. The hotel will also include five dynamic food and beverage offerings, attracting local and international gourmands alike. A rooftop pan-Asian restaurant, open-kitchen Italian restaurant, sleek lobby lounge, and poolside restaurant are among the outlets that the hotel will have.
General Electric to Invest $2B in Nigeria Railway Project
themarketdigest.org 16 Oct, 2016
General Electric Company recently confirmed that it is interested to make an investment worth around $2 billion in Nigeria railway concession project. Currently, GE is already negotiating with the government to expand its presence in the railway sector of Nigeria, which would be advantageous for the two parties. As part of the negotiations of the conglomerate with the government of Nigeria, already broadcasted in the early part of October that General Electric might pump in approximately $2.2 billion for the management of the railway project.
Continental starts hiring for its tire factory at Mississippi
auto.economictimes.indiatimes.com 15 Oct, 2016
On a 900-acre site that will eventually host a tire factory at Mississippi employing up to 2,500 people. Continental plans to make a mix of heavy truck and passenger vehicle tires at the plant, starting production in 2019 and expanding in phases over a decade or longer.
Oman invites consultant to study on major solar project
timesofoman 15 Oct, 2016
Oman Power and Water Procurement Company (OPWP) has floated a request for proposal (RfP) inviting bids from consultants for conducting a technical and economic study for the proposed solar independent power project. The government is opting for an independent power project (IPP) model for developing the project. Accordingly, the project will be awarded through a competitive tender for a long term power purchase agreement. The last date of submitting bids is on November 27, while tender documents will be distributed between October 17 and 31.
Second five-star hotel planned for Dunedin
radionz.co.nz 15 Oct, 2016
The Scenic Hotel Group wants to build a 120-room five-star hotel in Dunedin, New Zealand in 2018.
Shell to invest $350m in petchem project in Western Iran
theiranproject.com 15 Oct, 2016
Shell has planned to finance a petrochemical project in the western province of Hamedan, Iran by investing up to 350 million dollars in the plan. The project is expected to receive up to $220m from the National Development Fund of Iran. Iran’s National Petrochemical Company (NPC) and Shell signed a letter of intent (LOI) for starting studies for carrying out petrochemical projects in Iran.
Minnesota Utility Proposes 50-MW Gas Plant
power-eng.com 14 Oct, 2016
The Minnesota Municipal Power Agency has proposed to build, own and operate a new gas-fired power plant in Carver County, Minnesota. The plan, now up for public comment via the Minnesota Pollution Control Agency, indicates the new plant would be called the Chaska Energy Park Facility. The agency indicates the facility would be built on two acres and consist of five natural gas-fired units that could produce up to 50 MW of electricity. Once construction begins, Chaska Energy Park Facility should be complete in 12 months.
SMIC set to invest US$10b in wafer plant
shanghaidaily.com 14 Oct, 2016
Semiconductor Manufacturing International Corp. will invest US$10 billion in a new 12-inch wafer plant in Shanghai. The plant, with a monthly capacity of 70,000 units when fully operated, is expected to meet surging domestic demand in the integrated circuit market. China aims to invest US$100 billion in its semiconductor industry over the next few years
Mahindra’s SsangYong Motor to set up JV plant in Chinass
nayhindtimes.in 13 Oct, 2016
Mahindra Group’s Korean subsidiary SsangYong Motor Company will set up a car plant in the Xi’an Economic and Technological Developmental Zone in Xi’an, Shaanxi Province, in northwest China partnering with Shaanxi Automobile Group. SsangYong Motor in a 50:50 joint venture with Shaanxi will produce 150,000 units per annum in the first phase by 2019 and double the capacity in the second phase. The Chinese venture will be the first overseas vehicle production facility for SsangYong. The joint venture will also make engines for the vehicles to be rolled out of the plant. Production at the Chinese plant is expected to start during the second half of 2019.
Alterra Power closes financing for 7MW solar project in Indiana
pv-tech.org 13 Oct, 2016
Alterra Power Corp. and Inovateus Solar announced the closing of a US$8.9 million construction loan facility for the Kokomo solar project, a 7 MW PV installation located in Kokomo, Indiana. The loan has been supplied by 1st Source Bank, a subsidiary of 1st Source Corporation, and consists of a US$8.9 million construction loan plus a US$150,000 letter of credit. The Kokomo installation is currently under construction and is expected to begin commercial operations in December 2016. The project is contracted under a 20-year power purchase agreement with Duke Energy Indiana for 100% of the installation’s energy output.
Algeria’s Rebrab to build euro 150 mln sugar refinery in Sri Lanka
lankabusinessonline.com 13 Oct, 2016
The founder of Cevital, Issad Rebrab, will invest 150 million Euros in Sri Lanka to build a sugar refinery, a power plant and a vegetable oil plant in the Southern Province. Around 100 acres of land and a local partner has been identified for the purpose.
Saudi ACWA Power aims to build 340 MW wind plant in Turkey
hurriyetdailynews.com 13 Oct, 2016
ACWA Power is aiming to build a 340 MW wind power plant in Turkey. The company is already building a 950 MW gas power plant near the capital Ankara, due to be operational in the second quarter next year. In another sign of deepening ties, Saudi Aramco has signed memoranda of understanding on 11th October, 2016 with 18 Turkish firms primarily in construction, power generation and related services, enabling them to bid for Aramco projects.
Al-Ahram, Chinese company to set up EGP 1.25 billion paper plant in Beheira
English.ahram.org.eg 13 Oct, 2016
Al-Ahram will establish an EGP 1.25 billion paper plant in north of Cairo in partnership with a leading Chinese paper company. The new factory in Egypt’s northern governorate of Beheira will manufacture paper from rice straw. The project is expected to produce 300,000 tons of paper pulp and 100,000 tons of paper. The signing of the project contract with the Chinese company took place on 13th October, 2016 at Al-Ahram headquarters in downtown Cairo.
Ube Industries plans to invest in nylon capacity in Spain
yarnsandfibers.com 13 Oct, 2016
Ube Industries is planning to invest in additional nylon manufacturing capacity at its subsidiary UBE Corporation Europe S.A.U. in Castellon, Spain. The expansion will add 40,000 metric tons per year (m.t./yr) to make the total capacity 70,000 m.t./yr. The plant is expected to start operation in the beginning of February 2018. The company is also building a new compounding facility in the same location, which will start operation in August 2017.
PSA Group enters Iran
thehindubusinessline.com 13 Oct, 2016
PSA Group and SAIPA recently signed a JV agreement to produce and sell Citroen vehicles in Iran. The JV lays the foundations for a strategic partnership between the two companies. It will cover the entire value chain, from the design stage right through to vehicle marketing, including purchasing. The JV will invest more than €300 million in manufacturing and R&D capacity over the next five years. The agreement will be backed up by technology transfers and a significant level of local content.
Austria to invest EUR 15bn in rail infrastructure projects
Think-railways.com 13 Oct, 2016
Austrian Federal Railways’ (ÖBB) framework plan for the years 2017-2022 provides for EUR 15.2 billion investments in rail infrastructure projects. The Federal Ministry for Transport, Innovation and Technology has submitted the document for approval to the Council of Ministers on 12th October, 2016. EUR 7.7 bn will be directed for the modernisation of railway stations, station rebuilding projects, rail freight terminals, the construction of Park&Ride facilities, for improving mobile data and wireless local area networks, and for reducing the noise level. EUR 6.5 bn will be allocated to expanding the Southern section, and the construction of the Brenner Base Tunnel. Investments in safety and operations management systems will reach EUR 1 bn
Meat processing facility coming to Grayson County
virginiabusiness.com 13 Oct, 2016
River Ridge Land and Cattle Co. LLC will build a new meat processing facility in Grayson County. The $2.1 million investment is expected to create 11 jobs over the next three years. The facility will cut and package fresh meat for wholesale and retail customers, as well as offer a variety of value-added processing and packaging services, including meat snack sticks, jerky, cooked products, and specialty meat packaging and preparation for institutional and wholesale customers.
Work starts on Kwinana lithium plant
engineeringnews.co.za 12 Oct, 2016
The construction of an A$400-million lithium processing plant in Kwinana, Western Australia, has been started. The plant will have a 24 000 t/y capacity and construction is expected to be complete by the end of 2018.
TerraCom flags solar project at Blair Atholss
engineeringnews.co.za 12 Oct, 2016
TerraCom has unveiled plans for a 60 MW solar power station on the rehabilitated land at the Blair Athol coal mine, in Queensland. The station will be facilitated once mining and rehabilitation work at Blair Athol restarts. TerraCom recently completed an agreement with the Rio Tinto under which its subsidiary acquired the mine for $1. Under the agreement, TerraCom, a subsidiary of Orion Mining, will receive A$80-million from Rio Tinto to meet rehabilitation costs at the site. The company is awaiting government approvals for the Blair Athol lease to be transferred from the current owners, and that as soon as permission is granted, TerraCom will move to start rehabilitation and mining operations.
Kenya, Korea sign pact to set up ICT hubs
the-star.co.ke 12 Oct, 2016
Kenya and Korea have signed an MoU to bolster growth of ICT in the country which will see the latter develop a technology institute at Konza technocity. This will entail exchanges between government ministries, agencies, research and training institutes, businesses and other organizations in the two countries. The two ministers also agreed to invest in educational and research institutions as a key pillar in growing the country’s ICT ecosystem as outlined in the Vision 2030.
Prinzhorn Group plans to set up second paper machine in Spremberg, Germany
lesprom.com 12 Oct, 2016
Hamburger Rieger GmbH has applied for a new permission to set up a second paper machine at its Spremberg location in Germany. The already granted permission runs out in January 2017. The newly designed paper machine will have state-of-the-art technology, a width of 7,90m and an annual production capacity of 493,000 tons containerboard. The Euro 370 million investment will create 200 new jobs.
Argentina’s Newsan Group to invest $4m in new plant as fishing expansion continues
undercurrentnews.com 12 Oct, 2016
Argentina’s Newsan Group will spend $4 million on a cold storage plant in Puerto Madryn, southern Argentina as it continues an expansion. The plant comes in addition to the acquisitions of Spanish fishing company Grupo Vieira’s Argentine business in 2014 and Pesquera Pesantar, the whitefish catcher formerly owned by Japan’s Nippon Suisan Kaisha (Nissui).
Lenzing To Invest €100 Million In Pulp Production
sgbonline.com 12 Oct, 2016
The Lenzing Group will expand and modernize its existing dissolving wood pulp production at the sites in Lenzing/Austria and Paskov/Czech Republic. The company has announced a total investment program of €100 million, approximately €60 million of it in Lenzing and almost €40 million in Paskov. Additional new capacities of around 35,000 tons will be added over the next two and a half years.
MPG announces expansion of Indiana facility
automotiveworld.com 12 Oct, 2016
Metaldyne Performance Group, provider of highly engineered components for use in powertrain and suspension applications for the global light, commercial and industrial vehicle markets, plans to expand its operations in North Vernon, Indiana. The company will invest $30.6 million to lease and equip a 32,400-square-foot facility. The construction is scheduled to begin later this month and operations are slated to begin in 2018.
Tata Communications to expand in Malaysia and the Middle East
telecom.economictimes.indiatimes.com 11 Oct, 2016
India’s Tata Communications is looking to set up two new centres in Malaysia and the Middle East for cloud data centres infrastructure, responding to strong demand for internetworking. Tata Communications has formed a partnership with Skylab, a Singapore-based technology solutions provider, to help more enterprises adopt the IoT. Skylab provides advanced data harvesting, processing and delivery solutions to its customers over a scalable platform called Data Logistics Cloud (DLC).
Pietrucha Group, local partner open $2-M vinyl manufacturing plant
business.inquirer.net 11 Oct, 2016
The Pietrucha Group of Poland and its local partner Design Science opened their $2-million vinyl sheet manufacturing plant in Bataan, Philippines on 11th October, 2016. The local partner, Design Science Inc., is an infrastructure engineering company that offers professional technical services in planning, special studies, civil engineering, architecture, surveying, energy management, power audit and project management.
LG Chem to construct Poland battery plant
worldconstructionnetwork.com 10 Oct, 2016
LG Chem, manufacturer of advanced batteries, is set to build a 41,300 sq. mtrs, KRW400bn Electric Vehicle (EV) battery plant inside the LG cluster located in Kobierzyce Commune near Wrocław in southwestern Poland. It will have an annual production capacity of over 100,000 batteries that can drive electric vehicles up to 320km once charged. The plant is expected to commence operations in the second half of 2017.
MPIC hospital arm to invest P15B in expansion toward 2020
manilatimes.net 10 Oct, 2016
METRO Pacific Hospital Holdings Inc. (MPHHI), the hospital and healthcare vehicle of Metro Pacific Investments Corp. (MPIC), is set to invest P15 billion for its expansion programs toward 2020. In its 2020 Vision, the company is targeting to have a portfolio of 26 hospitals by 2020 through aggressive acquisition deals. MPHHI is also targeting to have 30 clinics, 12 cancer centers, two specialty hospitals, and one central lab by 2020.
Food manufacturer announces major expansion in McKinney ss
starlocalmedia.com 09 Oct, 2016
Blount Fine Foods, manufacturer of hand-crafted soups, entrées, sauces and side dishes for retail and food service, came to McKinney earlier this year. The firm plans to expand its existing building by as much as 70,000 square feet through two phases. The project at the existing 2200 Redbud Boulevard plant included the installation of production equipment for making the soups and side dishes it sells to grocery retailers and restaurants around the U.S. City and company officials marked the expansion through a ribbon-cutting ceremony this week.
First Solar Completes Shams Ma’an Power Plant Project in Jordan
bloomberg.com 09 Oct, 2016
First Solar Inc. has completed the construction of a 52.5-MW solar power plant in Jordan. The Shams Ma’an plant is owned by Diamond Generating Europe, Nebras Power QSC and Kawar Group, Tempe. The plant has a 20-year power-purchase agreement with Jordan’s National Electric Power Co.
Feasibility study conducted to set up aluminium container unit in Oman
timesofoman.com 08 Oct, 2016
A feasibility study to set up a project to manufacture light-weighted semi-rigid aluminium containers in Oman, which are used for packing food, has been conducted by the Advanced Business Consultants, a consultancy agency. The study on the proposed project, which is a downstream unit of the aluminium industry, is for building a unit with an annual capacity of 100-150 stonne of aluminium food packaging containers of varying capacities.
WuXi AppTec opens new biomanufacturing facility at Philadelphia for cell and gene therapies
pharmabiz.com 08 Oct, 2016
WuXi AppTec, a pharmaceutical, biotechnology, and medical device technology platform company, has unveiled new 150,000 square foot biomanufacturing facility in the Philadelphia Navy Yard. The new facility will supplement WuXi’s existing 20,000-square-foot cGMP cell therapy manufacturing facility, as well as a 50,000-square-foot facility for the commercial manufacturing of allogeneic and autologous cell-based therapeutics.
Port of Zeebrugge plans to expand the automotive capacity
En.portnews.ru 08 Oct, 2016
The port authority of Zeebrugge plans to expand the automotive capacity with 156 hectares in the future, on top of the 390 hectares for car logistics currently in use in the inner port. In Zeebrugge, eight vehicle terminals are currently operated by five terminal operators. There are six pre-delivery and inspection centres and there are 140,000 parking spaces. The port expects to reach a turnover of 3.4 million vehicles by 2020, when the new grounds will be in use for Zeebrugge’s continuously growing automotive sector.
$1 billion natural gas power plant proposed in Niles
southbendtribune.com 08 Oct, 2016
Indeck’s construction on a nearly $1 billion natural gas power plant, could start next year if it follows through with plans to build in the Niles Industrial Park. If built, the plant could generate as much as $10 million in annual tax revenue for local governments and schools. The proposed plant is expected to open in 2020 and will generate 1,000 MW of electricity annually, enough to power 635,000 homes.
ASE breaks ground for new factory building in Kaohsiung
gdigitimes.com 07 Oct, 2016
Advanced Semiconductor Engineering (ASE), provider of semiconductor assembly and test services, has held a groundbreaking ceremony at the site of its K24 building in the Nantze Export Processing Phase 2 Zone in Kaohsiung, southern Taiwan. The building is part of ASE’s continued expansion plans for its R&D, and manufacturing campus in Taiwan.
Swiss group Sika could open new factory in Romaniass
romania-insider.com 07 Oct, 2016
Sika Romania, producers of chemical construction materials in Romania, considers investing in its third factory in Romania. The decision is related to the over 43% growth in the producer’s turnover in the last three years. The new factory will be located in the south of the country. The company already owns two plants in Romania. The Brasov factory produces additives for concrete and has a production capacity of 10,000 tons per year whereas the plant in Capusu Mare, Cluj county, manufactures mortars and special adhesives for construction. The plant’s capacity is about 50,000 TPA
Thomson Reuters to expand in Canada with new technology hub
theglobeandmail.com 07 Oct, 2016
Thomson Reuters Corp. is undertaking a major expansion to its Canadian operation with a plan to build a technology hub that will add 400 high-tech jobs in downtown Toronto over the next two years. The Toronto Technology Centre will initially be housed in Bremner Tower, east of the CN Tower, and will focus on areas such as cognitive computing, visualization and cloud development.
Glen Eagle subsidiary acquires additional land in Honduras to expand gold processing plant
engineeringnews.co.za 07 Oct, 2016
Glen Eagle Resources has acquired 15, 000 sq. mtrs of land to expand its gold processing plant in Choluteka, Honduras. The company’s wholly owned subsidiary Cobra Oro had bought the land, enabling the subsidiary to acquire its own free trade zone, reinforcing its past exemption to pay a minimum 25% flat tax on profits and a 25% duty tax on imports. Cobra Oro is also able to reduce the sales tax on exports from 6% to 3% and cancel $8 000 in monthly rent as a tenant.
Scottish Water to invest £9m in solar energy
energylivenews.com 07 Oct, 2016
Scottish Water is to invest £9 million in solar energy projects in the next three years. The deal has been drawn up by the utility’s subsidiary Scottish Water Horizons with the aim of reducing carbon emissions and cutting costs. A total of 17 companies submitted bids but the funding has been eventually awarded to four successful contractors. These are Absolute Solar & Wind, FES , Saliis and Styles & Wood. They will use their share of the money to develop, design and install solar panels at Scottish Water’s sites across the country.
Thai energy company invests A$68 million in solar power project
invesinaustralia.com 07 Oct, 2016
Ratchaburi Electricity Generating Holding Public Company (RATCH), is enhancing its existing presence in Australia by investing A$68.33 million to develop a new solar power facility in North Queensland. The 42 MW Collinsville Solar Power Station will be located on the site of a decommissioned coal-fired power plant, making use of existing facilities and infrastructure. The project will consist of 180,000 solar panels and meet the electricity demands of 15,000 households, and is expected to commence operations in 2018.
Chinese company to build lithium processing plant in Western Australia
investinaustralia.com 07 Oct, 2016
China’s Tianqi Lithium is expanding its existing portfolio in Australia by investing A$400 million to build a lithium processing plant in Kwinana, Western Australia, with construction starting in October 2016. The processing plant will have an expected capacity of 24,000 tonnes of lithium hydroxide per year.
Wemag, Younicos to expand German battery park to 14.5 MWh
renewables.seenews.com 06 Oct, 2016
Wemag, on 5th October, 2016 broken ground on a project to expand its Schwerin battery park, doubling its power output to 10 MW from 5 MW and almost tripling its energy capacity to 14.5 MWh from 5 MWh. Storage specialist Younicos will provide software for plant control, as well as technical expertise during the implementation phase. The company is investing EUR 5 million in the expansion of the battery park. Commissioned in 2014, the system was the first commercial battery storage resource in Europe. The commissioning of the second power plant block is scheduled for June 2017.
Sri Lanka plans 20MW hydro power plant on Seethawaka Riverss
economynext.com 06 Oct, 2016
Sri Lanka is planning a 20 MW hydro power plant in Seethawaka River, a tributary of the Kelani River system, which could potentially generate about 50 GW hours of energy. The hydro power station is to be located in the Hingurlakanda village in Dehiowita in the Kegalle District. It will cost around $60 million to build, and it will be classified as a mini-hydro plant.
Coca-Cola to build new plant in KSA valued at SR300m
saudigazette.com.sa 06 Oct, 2016
Coca-Cola has unveiled plans around its new bottling plant which is expected to be ready by 2019 in Sudair City for Industry and Business. The plant, which exceeds 187,000 sq. mtrs, will create jobs for more than 200 Saudis and include production lines for soft drinks and bottled water, seeing an investment of up to SR300 million. The new plant will leverage state-of-the art technology to support Coca-Cola’s capacity, productivity and capability.
Sinbon building new plant for aerospace electronic components
digitimes.com 06 Oct, 2016
Sinbon Electronics held a groundbreaking ceremony for a new plant to be built in Maioli, western Taiwan on 5th October, 2016. The new plant, which is scheduled for completion by year-end 2017, will produce aerospace electronic components targeting the aviation industry in the Asia-Pacific region.
GMPF and LPFA invest £45m in rail project
professionalpensions.com 06 Oct, 2016
Greater Manchester Pension Fund (GMPF) and London Pensions Fund Authority (LPFA) have jointly signed a deal to fund a new fleet of trains for Abellio East Anglia. Through its joint investment vehicle, GMPF & LPFA Infrastructure LLP (GLIL), the funds have invested £45m for the purchase of 58 trains and 387 carriages. The investment has been made alongside SL Capital and RockRail and is expected to increase rail capacity for Norfolk and Suffolk by as much as 78%. GLIL’s joint ventures allow for more tailored risk management.
JA Solar announces facility expansion in Malaysia
pv-magazine.com 06 Oct, 2016
JA Solar, the Chinese PV manufacturer initiated its Phase Two expansion at its 400 MW production facility on the Malaysian island of Penang. The company will invest RM 400 million in the expansion. Most notably, the investment will be used to significantly increase the manufacturing output capacity from 400 MW per annum to 1,000 MW per annum.
Unilever To Close Vlaardingen Facility
nltimes.nl 06 Oct, 2016
Unilever is closing its premises in Vlaardingen by April 2019 as it is opening a new research facility in Wageningen. The new location will collaborate with the University of Wageningen and shall strengthen Unilever’s innovation and it will employ a total of 550 people.
Enerkem proposes $200 million waste-to-fuel facility in Minnesota
rewmag.com 06 Oct, 2016
Enerkem Inc., Montreal, Quebec, has proposed a $200 million waste-to-fuel facility in Rosemount, Minnesota. The proposal has been done in partnership with SKB Environmental, St. Paul, Minnesota. The company has recently submitted rezoning and land use plan amendment applications to the Municipality of Rosemount. The plant is being designed to process around 400,000 tons of solid waste per year and is being projected to produce 100 gallons of ethanol for every ton of waste it processes. It could take several months for the council to approve the project and construction will take around 12 to 16 months. The company projects a starting construction date in the third quarter of 2018.
Wittenberg announces plans to break ground on facility in 2017
springfieldnewssun.com 06 Oct, 2016
Wittenberg University will break ground on a new Health, Wellness and Athletics Complex in March 2017, though it still needs to raise about $6.5 million. The cost will be approximately $40 million. Among the features of the complex will be: an indoor 100-yard artificial turf surface; a six-lane, 300-meter indoor track; a 7,000-square-foot weight room; a sport performance, strength training and wellness center; technology-enabled classroom space; updated locker rooms; and modern court surfaces for tennis, volleyball and basketball. Construction will take at least 18 months.
KE to invest Rs496bln in power generation, distribution network over 10 years
thenews.com.pk 05 Oct, 2016
K-Electric plans to invest Rs. 496 billion in developing its power generation and distribution network over the next 10 years as part of efforts to meet growing energy demand that is expected to increase by 72 percent to over 5,200 MW by year 2026. A substantial investment is required in generation, including contracting through IPPs-to meet the forecast demand growth and to maintain the existing generation infrastructure.
Richards Bay to get 2,000MW from gas power projectss
bdlive.co.za 05 Oct, 2016
Richards Bay has been allocated nearly 2,000 MW of the government’s 3,000 MW gas-to-power project, and is banking on the development to energise its industrial development zone and stimulate economic growth in the region. Another 1,000 MW LNG-to-power plant will be constructed in Coega, with both the Richards Bay and Coega plants relying on imported gas to generate power. Independent power producers will undertake the projects. The Department of Energy released a preliminary information memorandum on the project earlier this week. A request for quotations is expected to be issued in November 2016, with an announcement of pre-qualified bidders to be made in April 2017. The release of the final request for proposals will be issued in August 2017.
Ranhill gets power plant project in Sabah
dailyexpress.com.my 05 Oct, 2016
Ranhill Holdings Bhd has obtained approval from the Energy Commission for the proposed development of a 300 MW combined cycle gas turbine power plant in Sabah. Ranhill has a 50 per cent equity interest in the consortium of private companies that have submitted the power plant project to the Ministry of Energy, Green Technology and Water. The consortium is instructed to commence negotiations with Petronas and the company identified by the Government of Malaysia to develop the Trans-Sabah Gas Pipeline, to ascertain the terms and conditions of the gas supply required for the project. A letter of award will be issued by the Energy Commission after the terms of the gas supply agreement are determined.
Ivory Coast to invest nearly $1 bln in oil product storage, transport
af.reuters.com 05 Oct, 2016
Ivory Coast plans to invest almost $1 billion in oil product pipelines and storage in a bid to create the largest fuel hub in sub-Saharan Africa. The mass storage company will be tasked with building 1.5 million cubic metres of storage by 2020. The storage company will invest 420 billion CFA Francs and the transport company will invest 150 billion.
Royal Technologies to invest nearly $34M in new Ottawa County facility
mibiz.com 05 Oct, 2016
Royal Technologies Corporation will invest $33.7 million to construct a new facility in Jamestown Charter Township. The company manufactures plastic injection components for the office furniture, automotive and consumer products industries and it has received a $400,000 performance-based grant from the Michigan Economic Development Corporation.
Hamlin Town Center announces plans for cancer-treatment facility
orangeobserver.com 05 Oct, 2016
The Hamlin Town Center project, an 850-acre mixed-use development at New Independence Parkway and State Road 429, announced the first medical facility to be included in its medical complex: a proton therapy center. The center will be the first piece of a 25-acre medical complex and it is a joint venture between Provision Healthcare LLC and Hamlin Retail Partners West, an LLC that includes Boyd Development Corporation and real-estate agency Schrimsher Properties. Construction for the center is estimated to begin in late 2017 with a target opening date somewhere around late 2018 or early 2019.
FRA plans to construct bridge
fijitimes.com 04 Oct, 2016
The Fiji Roads Authority (FRA) plans to construct a new pedestrian bridge for the people of Bua Lomanikoro early next year. FRA is also working on other specifications including designing, procurement of a contractor to carry out the construction work.
Almac To Invest In Overseas Expansion
insidermedia.com 04 Oct, 2016
Almac Group is investing £4m in a bid to significantly to expand its global operations. The company is investing in expanding its clinical services facility and developing its diagnostics and clinical technologies operations. The investment will create 80 jobs.
Archer-Daniels Midland Upgrades Facility
investopedia.com 04 Oct, 2016
Golden Peanut & Tree Nuts, a subsidiary of Archer-Daniels-Midland Company (ADM), has completed a warehouse upgrade in Vienna, Georgia. The project has been completed on time and on budget. Archer-Daniels Midland acquired 100% of Golden Peanut & Tree Nuts five years ago, wanting to own the largest domestic handler, processor and exporter of peanuts, peanut oil and peanut-derived ingredients, as well as the leading peanut-sheller and peanut-oil refiner in the country.
FedEx building new distribution center, planning to open in 2017
macon.com 04 Oct, 2016
FedEx Ground is building a 248,000-square-foot distribution center in I-75 Business Park in south Bibb County. The new facility is part of a nationwide expansion to increase daily package volume capacity and improve the speed and service of the FedEx Ground network. Cooper Construction Co., based in Birmingham, Alabama, is building the facility, which is expected to be fully operational in July 2017.
Hyosung to expand spandex plant in Turkey
english.yonhapnews.co.kr 04 Oct, 2016
Hyosung Corp., a South Korean synthetic fiber manufacturer, plans to increase its spandex output in Turkey. The company will spend US$27 million to expand spandex output by 5,000 tons to 25,000 tons, by the end of the first half of next year.
Abu Dhabi mulls next LNG terminal at Khalifass
interfaxenergy.com 04 Oct, 2016
The United Arab Emirates is considering building an LNG terminal at the Port of Khalifa in Abu Dhabi. A study is scheduled to be completed by the end of this year and will determine whether a terminal is feasible.
Evonik to expand membrane production in Austria
business-standard.com 04 Oct, 2016
Evonik Industries will expand its Schorfling site in Austria, where the group will build another operations complex for producing gas separation membrane modules of its Sepuran brand. In addition to a new hollow fibre spinning plant, the facility will include further spaces for research and development, application technology, and another warehouse.
SoftBank plans to invest in the IoT and AI
rcrwireless.com 04 Oct, 2016
SoftBank aims to invest 5 trillion won in South Korea’s information technology sector, including areas such as ‘internet of things’ and artificial intelligence, as well as mobile and smart robotics, over the next decade. The company is looking for business opportunities to work together with Korean partners in the IoT area after its acquisition of U.K.-based chip design firm ARM for $32 billion.
MabPlex Announces Expansion of cGMP Manufacturing Facilities
businesswire.com 04 Oct, 2016
MabPlex International (MabPlex), a global CRO/CMO service provider specializing in the development and manufacturing of antibody therapeutics and Antibody-Drug Conjugates (ADC), has broken ground on the expansion of its bio manufacturing facilities in China. The new 428,000 sq. ft. facility is expected to be completed by August of 2017. The Utility and HVAC validation shall be finished by December 2017 and the fill/finish facility will be completely validated by March of 2018.
Turkish Firm to Build Sewage Treatment Facility in Tehran
tasnimnews.com 04 Oct, 2016
A Turkish contractor will construct an industrial wastewater treatment plant in a southwestern suburb of Tehran in an area of 45 hectares, after finalizing an agreement with Tehran Province’s Water and Wastewater Company. The project is estimated to cost about 125 million euros, and is expected to be completed in 54 months. The contract has been formally signed on 4th October, 2016.
Ultrafab announces expansion of Greenville County facility
upstatebusinessjournal.com 04 Oct, 2016
Ultrafab Inc. will invest $2 million to expand its existing operations in Greenville County. The company will lease an additional 20,000 square feet of the industrial building housing its operation in Greer at 49 Freedom Court. The facility is expected to be operational by the fourth quarter. The company makes and sells window and door weather-stripping, as well as weather seal products, for OEM applications and it also supplies engineered solutions for the fenestration, transportation, industrial, office equipment and health care industries.
Benue Govt. to construct 10 mw of power plant at $18m
dailytrust.com.ng 04 Oct, 2016
The Benue government, with an investor Contec Global, will construct a 10 MW of embedded power plant valued at 18 million dollars. The planned power plant will be dedicated to industrial layouts in the state. The company has been issued a Certificate of Occupancy for the project site. The power plant will also comprise three units of General Electric 3.4 MW turbines fuelled by gas transported with trucks from the oil fields.
Carrigtwohill Treatment Plant Gets €12M Upgrade
eveningecho.ie 04 Oct, 2016
A €12 million upgrade at the Carrigtwohill wastewater treatment plant has been completed on 3rd October, 2016. The plant is capable of catering for a population of 30,000 and further upgrades at the plant could double this capacity.
New wine processing facility proposed for Red Cliffs near Mildura
weeklytimesnow.com.au 04 Oct, 2016
Weilong Grape Wine Company’s new wine processing facility with the ability to store 73 million litres of wine has been proposed for the Murray Valley. The company has submitted the proposal to the Mildura City Council. The complex will also include an administration building, plant buildings, offices, laboratory and a wastewater treatment plant with access via two separate driveways for heavy and light vehicles from Treviso Way. Construction is anticipated to begin in 2016 with 2018 being the first vintage.
MPIC to invest P15B in Payatas project
malaya.com.ph 03 Oct, 2016
Metro Pacific Investments Corp. (MPIC) plans to invest P15 billion in the proposed waste to energy project in Payatas, Quezon City. The company has submitted an unsolicited proposal to the local government of Quezon City to convert 3,000 tons of waste a day to generate about 35 MW of power. The company will look for partner to help finance the project once it is accepted by the city government.
United Fish opens €30 fishmeal plant in Irelandss
undercurrentnews.com 03 Oct, 2016
Irish fishmeal firm United Fish Industries (UFI) has officially opened its €30 million, 1,200 metric tons of raw material input per day plant in Killybegs. The plant is the result of a two-year build and an investment on the part of both UFI and Scandinavian group Pelagia, of which UFI is a part.
Al Meera set to expand with 5 new stores in Qatar
tradearabia.com 03 Oct, 2016
Al Meera Consumer Goods Company is in the final stages of preparations for five of the company’s upcoming stores in Qatar, starting with the 4,239 sq. mtrs Bu Sidra branch, which is set to open its doors to consumers in the soon future. The company will also opening four new shopping centres in North Sailiya (Al Miarad), Al Wakra (West), Um Salal Ali, and Leaibab 2, built on a covered area of 4,000 sq. mtrs, 2,667 sq. mtrs, 4,014 sq. mtrs and 5, 093 sq. mtrs respectively.
SBI opens branch in Myanmar
thehindubusinessline.com 03 Oct, 2016
State Bank of India on 3rd October, 2016 opened its branch in Yangon, Myanmar. This is the 54th foreign branch of India’s largest bank. Earlier this year, SBI has been awarded a banking license to open a branch in Myanmar with the primary objective of extending wholesale banking services to foreign corporates.
Pirelli to invest 200 mln euro in Romanian plant by 2021, create 500 jobs
seenews.com 03 Oct, 2016
Pirelli plans to invest 200 million euro at its tyre plant in Slatina, in southern Romania, by 2021. The company plans to increase the plant’s output to 15 million units per year from current 10 million, thus creating 500 new jobs. The enhancement plan also involves the production area in Slatina dedicated to motorsport, which includes a F1 production unit serving as a back-up for the main Pirelli F1 plant in Turkey.
Italian manufacturer Ritrama to invest $85M in Spartanburg
goupstate.com 03 Oct, 2016
Ritrama, which makes pressure-sensitive adhesive materials, officially announced the details of its $85 million, 350,000-square-foot Spartanburg County plant on 3rd October, 2016. The new facility will serve as the company’s logistic platform to service all of North America, and it will export products to Central and South America. The facility is expected to be fully operational by the fourth quarter of 2017.
BWG to expand Spar/Eurospar network with 20 new outlets
irishtimes.com 03 Oct, 2016
BWG Foods, the wholesaler and retailing company, plans to add a further 20 Spar and Eurospar outlets to its network of 450 in Ireland over the next 12 months. BWG, which is 80 per cent owned by Spar South Africa, currently supplies all Spars and Eurospars in Ireland, and also operates a portion of the estate itself.
China Jiangxi Corporation to construct 50MW Garissa solar plant
coastweek.com 02 Oct, 2016
The Kenyan Ministry of Energy has signed an MoU with China’s Jiangxi Corporation for International Economic and Technical Cooperation (CJIC) for the construction of a 50 MW solar plant in northeast Kenya’s Garissa County. The feasibility studies on viability of the project have been finalized to pave way for its commissioning at the end of this year. The 135-million-U.S. dollar solar plant will be fed to the national grid.
Inolex opens new commercial office and warehouse in Brazil
premiumbeautynews.com 02 Oct, 2016
Cosmetic ingredients company Inolex is expanding to Brazil with the opening of Inolex do Brasil new commercial office and warehouse in Sao Paulo. The foundation of Inolex do Brasil follows the opening of a Commercial office & Technical Center in Guangzhou, China earlier this year and shows Inolex’s commitment to solidify its presence globally.
HCA plans upgrades at water plant
standardspeaker.com 02 Oct, 2016
Hazleton City Authority will apply for a grant and a state loan to pay for an estimated $1.5 million in improvements to its 25-year-old filtration plant. Officials will apply for a state Small Water and Sewer grant to pay for part of the project and file a loan application with Pennsylvania Infrastructure Investment Authority (PENNVEST) to cover the balance. The work will include rebuilding an air scour system and clarifier units, repairing hairline cracks that have been detected in concrete basin walls, replacing a corroded fluoride system, and upgrading testing equipment and servers.
ABB opens Senatobia facility to build parts previously made overseas
wdam.com 01 Oct, 2016
ABB has opened a new advanced manufacturing facility in Senatobia that will produce ABB Tmax XT Molded Case Circuit Breakers (MCCBs) and the ABB Emax 2 air circuit breaker for the United States. The 85,000 square foot facility will also bring 200 new jobs by the third year of its operation and an additional 100 jobs that will be added before the fifth year.
Batang Igan Bridge project expected to commence in 2018
theborneopost.com 01 Oct, 2016
The construction of the Batang Igan Bridge is expected to start in early 2018 at the latest. The project is estimated to cost approximately RM300 million, which will also take into account the 4km road leading to the proposed bridge. The project has been approved in the Rolling Plan 2 (under) 11th Malaysia Plan (11MP-Year 2017).
Hotel giant inks deal for new Holiday Inn in Dubai
arabianbusiness.com 01 Oct, 2016
InterContinental Hotels Group (IHG) has announced the signing of Holiday Inn Dubai Science Park which will be operated under a management agreement with an affiliate of the Rolaco Group. The hotel will comprise 402 rooms and suites, including five meeting rooms and a conference hall seating 600 guests. Holiday Inn Dubai Science Park will also offer four food and beverage outlets, an outdoor swimming pool, and a gym. The hotel is scheduled to open in 2019.
Williston building new wastewater treatment plant
bismarktribune.com 01 Oct, 2016
The City of Williston is building a new roughly $100 million wastewater treatment plant that’s expected to be fully operational next year. The old system could serve about 10,000 people, while the new one can handle up to 60,000. Next month, the facility will go from processing about two million gallons of waste daily to up to six million gallons.
Chetrit Group files plans for 46-story apartment-hotel project in Hudson Yards
therealdeal.com 30 Sept, 2016
The Chetrit Group filed plans on 30th September, 2016 to build a 622-foot-tall, 373,275 square-foot tower at 545 West 37th Street in Hudson Yards. Floors nine through 27 will contain a hotel with 358 rooms, a business lounge and a premium lounge for guests, permits show. Above, floors 32 through 46 will boast 131 residential units spanning 269,688 square feet. The first floor will hold the lobby, an event space and restaurant, with another eating and drinking establishment ton the second floor. Floors three through five will have event and pre-function areas. Amenities in the building will include a residential lounge on the 30th floor, along with fitness and spinning rooms and yoga and pilates studios, filings indicate. Cetra Rudy is the architect.
Tap Starts Building Work In Albania
naturalgaseurope.com 30 Sept, 2016
The TransAdriatic Pipeline (TAP) company begun construction work on 30th September, 2016 in Albania. The 878 km long pipeline will connect with the Trans Anatolian Pipeline (Tanap) at the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in southern Italy. TAP’s shareholding is comprised of BP (20%), Azerbaijan state Socar (20%), Italian Snam (20%), Belgian Fluxys (19%), Spain’s Enagas (16%) and Swiss generator Axpo (5%).
Egypt’s ETHYDCO opens PE plant
plasticsnews.com 30 Sept, 2016
Egyptian Ethylene and Derivatives Co. (ETHYDCO) has started a $1,9 billion plastics and chemicals complex to manufacture Poly Ethylene (PE) products in Alexandria, Egypt. With an ethylene capacity of 460,000 metric tons per year, the complex is equipped with a dedicated 200,000 tonnes per year high density PE line and a swing line to produce 200,000 tonnes annually of either linear low density PE or HDPE polymers. There is also a 20,000 tonnes per year line to manufacture butadiene.
Henrico brewery planning $2.5M Fredericksburg expansion
nbc12.com 30 Sept, 2016
Strangeways Brewing will spend $2.5 million over the next three years to expand to Fredericksburg with a new tasting room, event space, beer garden and production facility. Right now, Strangeways is only distributed in Central Virginia, but the expansion will help it enter new ones and expand in the area.
TASA opens first enriched anchovy processing plant
fis.com 30 Sept, 2016
TASA, the food and marine ingredient firm has opened the first enriched anchovy primary processing plant in Huanta, Ayacucho, as part of Sumaq project, in which it is working with Action Against Hunger Foundation. This project made it possible to convene, train and empower leading women from the area, who have shaped micro firms Sumaq Esmeralda and Allin Mikuy to operate the plant and distribute the processed fishery products.
Westland Milk to build infant formula plant
nzherald.co.nz 30 Sept, 2016
Westland Milk is putting a $3 million plot of land next to its Rolleston factory into a new joint venture with Hong Kong-listed Ausnutria Dairy to build a new infant formula plant operating under the Pure Nutrition moniker. The milk processor will take a 40 percent stake in the Pure Nutrition joint venture company, while Ausnutria will get 60 percent with the Hong Kong company injecting $4.5 million of cash and loaning $32 million to the subsidiary to build a blending and canning plant at Rolleston. The plant’s initial capacity is expected to be about 20 million cans of milk formula, or 15,000 tonnes, depending on the product mix. Construction is expected to kick off soon with completion slated for late next year.
Aramark Warehouse Planned in Decatur
wandtv.com 30 Sept, 2016
The Decatur City Council will consider a rezoning petition for Aramark Distribution Services to build a 105,000 square foot warehouse/distribution facility at 3718 East Mound Road outside the city limits. The Council will have to annex the 20 acre site and rezone it from R-1 Single Family Residence District to M-1 Intense Commercial/Light District. The petition has been approved by the City Plan Commission. The Decatur City Council will consider the matter at its next meeting on 3rd October, 2016.
Kenya electricity generating firm set to construct 140 MW power plant
coastweek.com 30 Sept, 2016
Kenya Electricity Generating Company (KenGen) is set to being construction of a 140 MW geothermal power plant at Olkaria V in Kenya before the end of the year. The organization has already secured funding to the tune of 300 million U.S. dollars for the construction of the power plant. The process to identify the contractor will begin in October and the tendering process to select the contractor will be finalized soon. The project will take 18 months to get completed.
Kalla Group Signs First Partnership With Toshiba for Hydro Power Plant Projecti
jakartaglobe.beritasatu.com 30 Sept, 2016
Malea Energy, a utility unit of Kalla Group has appointed Toshiba Asia Pacific Indonesia to supply equipment for its hydro power plant in Tana Toraja, South Sulawesi. Under the terms of the partnership, Toshiba will supply equipment for the 90-MW power plant over the next three years. Currently, the Kalla Group is also working on four other hydro power plant projects, with a total capacity of 1,535 megawatts. Three of the plants are also located in Sulawesi, including a 655-MW plant in Poso, another 180-MW plant in Toraja and a 450-MW plant in Mamuju. The group also has a 250-MW project on the way in Kerinci, Jambi.
Sharp Corp. set to invest ¥57 billion in organic LED production
japantimes.co.jp 30 Sept, 2016
Sharp Corp. is investing ¥57.4 billion for the development of organic LED display production facilities, with the goal of starting output by June 2018. The funds will be used for equipment and to deliver sample products to customers. The investment will be for Sharp’s factories in Mie and Osaka prefectures. The investment is part of the ¥200 billion that Sharp had already committed to OLED technology, part of a strategic plan it adopted with new owner Foxconn Technology Group.
Nigerian Firm To Invest $630m In Tanzania Power Project
reportsafrique.com 30 Sept, 2016
Egbin Power Plc has expressed interest in investing in Tanzania energy sector, and is considering putting up a natural gas-fired power plant in the East African country. The company wants to invest about $630 million in the project. The construction of the plant is expected to commence any time after the company has inked the investment pact with the host government.
Badlands NGLs, LLC Announces Development of Gulf Coast Merchant Alpha Olefins Facility
marketwired.com 30 Sept, 2016
Badlands NGLs, LLC announced the completion of several important milestones in its development of a Gulf Coast merchant Alpha Olefins (AO) manufacturing facility. The facility will manufacture the polyethylene co-monomers 1-butene and 1-hexene using a proprietary ethylene metathesis technology. The new facility is expected to begin operation in approximately 24 months and will have the ability to produce annual volumes of 93 KT of 1-butene and 141 KT of 1-hexene. The company has signed an agreement with an institutional investor in order to source all required project funding.
Apple sets up first R&D center in China
digitimes.com 29 Sept, 2016
Apple has set up its first R&D center at Zhongguancun Science Park in Beijing, China. The R&D center has a registered capital of CNY100 million, with total investment likely to reach CNY300 million in the future. The project is expected to get completed in 2016 and to be used to integrate Apple’s engineering and business teams for ramping up sales and services.
EagleEagle Cement investing $300 M for Davao plant Cement investing $300 M for Davao plant
philstar.com 29 Sept, 2016
Eagle Cement, is pouring in $300 million to construct a new cement plant in Davao City. A groundbreaking ceremony for the new facility is scheduled on 20th October, 2016. The new plant will have the capacity to produce two million tons or 50 million bags of cement per year.
St. Marys Cement Plant to get $130M expansion
upnorthlive.com 29 Sept, 2016
A $130 expansion project has been approved for the St. Marys Cement Plant in Charlevoix. The project includes adding a new finish mill, another kiln and a new coal grinding system. The project is expected to get completed in April 2018.
Varun Beverages Starts Pepsi Plant Construction
allafrica.com 29 Sept, 2016
Varun Beverages Zimbabwe has started the construction of its $30 million Pepsi bottling plant in Harare. The machinery and equipment have been ordered and all resources required for the completion of the plant are in place. The plant is expected to be completed by Q217.
Plateno Group announces two new projects in Germany
hospitalitynet.org 29 Sept, 2016
Plateno Group, through its European subsidiary based in Berlin, is opening its first hotel in Bavaria, in Munich. The 7 Days Premium Hotel is scheduled to welcome its first guests in Q4 2017. The new-built hotel is the group’s second property in Germany, and fourth in Europe.
FS to invest €94 bn and double turnover by 2026
railjournal.com 29 Sept, 2016
Italian State Railways (FS) plans to invest €94 bn to modernize the railway and to double its turnover during the next 10 years according to its 2017-2026 strategic business plan which has been unveiled in Rome on 28th September, 2016. The plan is designed to transform FS from a traditional national railway into an international integrated mobility provider for both passenger and freight. The capital investment of €94 bn, comprises €73 bn for infrastructure, €14 bn for rolling stock, and €7 bn for technical development. An investment of €33 bn is foreseen in the conventional rail network, €24 bn for the high-speed network, and €5 bn for the TEN-T corridors that cross Italy.
Tyson Foods to spend $27M to expand beef and pork plant in Council Bluffs, adding 350 jobs
omaha.com 29 Sept, 2016
Tyson Foods will add 350 jobs at its beef and pork plant in Council Bluffs. The company will spend $27 million to expand the plant’s capacity to produce ‘case-ready’ meats-ground beef, meal kits, and cuts of beef and pork ready for distribution to grocery retailers. The work includes a 55,000-square-foot addition for new production lines and warehouse space. It is expected to be complete in July 2017.
Eldorado Stone, LLC to expand, add jobs in Franklin County
fox43.com 29 Sept, 2016
Eldorado Stone LLC, that manufactures architectural stone veneer will consolidate its Greencastle-based manufacturing facility and Hagerstown, Maryland-based distribution facility into a new dual-purpose site in Franklin County. The company will lease a 432,000-square-foot, build-to-suit manufacturing and distribution facility on 25.4 acres in the Antrim Commons Business Park, Antrim Township. The company plans to invest $6,880,000 in the project, including the leasehold and upgrades to equipment and processes.
Sahajanand Medical Technologies opens new R&D facility in Ireland
pharmabiz.com 29 Sept, 2016
Sahajanand Medical Technologies (SMT) has opened its new Research & Development (R&D) Centre in Galway City, Ireland. SMT aims to attract global talent through this new facility in Ireland to diversify its product portfolio. The core functions of SMT Ireland Centre will be R&D and logistics. The key on-going research projects at the facility are developing next generation of Stent and Advanced Balloon Catheter technology.
Lonza to expand Pearland biotech facility
chron.com 29 Sept, 2016
Swiss pharmaceutical and biotech firm Lonza plans to more than double the size of its clinical manufacturing and research and development facility under construction in Pearland. The project, which broke ground in March in the Lower Kirby District along Kirby Drive south of the Sam Houston Tollway, has been expanded by 150,000 square feet for a total of 250,000 square feet. Opening is planned in late 2017.
BankBazaar invests Rs 5 crore in Singapore arm
economictimes.indiatimes.com 28 Sept, 2016
BankBazaar.com is pumping about Rs. 5 crore into its Singapore arm Bank-Bazaar International as it looks to broaden its operations in the overseas markets. The firm, which runs an online marketplace that offers instant customized rate quotes on loans or other personal finance products is also exploring other Asian and Middle Eastern markets.
WuXi Biologics Opens New Manufacturing Facility In China
asianscientist.com 28 Sept, 2016
WuXi Biologics, an open-access biologics research and technology platform company, has opened a new commercial-scale biologics perfusion manufacturing facility in Wuxi City, China. The first phase of construction has been completed, and it began operations in September 2016.
China’s Fosun to invest in $6.9 billion Chinese high-speed rail project
reuters.com 28 Sept, 2016
Fosun International will invest in a $6.92 billion private-partnership project to build a high-speed rail link, becoming the first private firm to take part in a Chinese high-speed rail project. China’s government is keen to lure private capital to infrastructure projects to alleviate the debt burden of local authorities, and has promised policies to support PPPs.
AbbVie Opens First Phase of its Global Manufacturing Facility in Singapore to Support the Growth of its Pipeline
prnewswire.com 28 Sept, 2016
AbbVie has strengthened its manufacturing capabilities by opening the small molecule Active Pharmaceutical Ingredient (API) facility at Tuas Biomedical Park, Singapore. The new 120,000 square-meter site is the company’s first manufacturing facility in Asia and will also include a biologics manufacturing facility that is expected to be fully operational by the end of 2018.
UPS Breaks Ground on New Facility in Bielefeld, Germany
econotimes.com 28 Sept, 2016
UPS has broke ground at an official ceremony for the construction of a new package sorting and delivery center in Bielefeld, Eastern North Rhine-Westphalia, Germany on 28th September, 2016. The facility will have an operating area of approximately 15,000 square meters and will be equipped with automated sorting systems capable of processing more than 22,500 packages per hour. It will also have 65 loading and unloading bays for containers and 115 parking positions for UPS delivery trucks. The $80 million project is scheduled to be operational by the end of October 2017.
Ceapro Inc. Announces the Grand Opening of New Bio-processing Extraction Facility
marketwired.com 28 Sept, 2016
Ceapro Inc has opened its new 30,000-square-foot bioprocessing extraction/manufacturing facility in Edmonton, Alberta, Canada on 28th September, 2016. The new facility includes an expanded production area specifically designed to house a commercial and demonstration scale PGX skid and an ethanol recycling system.
Deep Eddy Vodka plans new Buda facility
haysnewsdispatch.com 28 Sept, 2016
Deep Eddy Vodka plans to add a second production and distilling facility in Buda. The company is looking for additional capacity in the form of a 194,000 square foot facility that is on 15-plus acres on Precision Drive in Buda. The plans have been not finalized.
Konrady Plastics to expand in Portage, hire 14
nwitimes.com 28 Sept, 2016
Konrady Plastics plans to hire 14 more workers after doubling its space to 49,000-square-feet in Portage. The company will add 24,000 square feet onto its existing 25,000-square-foot facility and it will invest an estimated $3 million during the next four years. State-of-the-art CNC machining equipment will be added.
LHIN endorses expansion of Stevenson Memorial Hospital
barrie.ctvnews.ca 28 Sept, 2016
The Central Local Health Integration Network endorsed Stevenson Memorial Hospital’s plan to expand on 27th September, 2016. The project will cost about $136 million and double the hospital’s current size to over 140,000 square feet. There will be new operating room suites, a new diagnostic imaging lab, and a much needed emergency department upgrade.
Goody Goody plans to expand in Hyde Park Village
bizjournals.com 28 Sept, 2016
Goody Goody, an iconic Tampa burger joint has opened in the Hyde Park on 23rd August, 2016. While a deal is yet to be finalized, the company is planning to lease an additional 392 sq. ft between the restaurant and CineBistro. Parkland Builders will handle the expansion project. Construction on the expansion could begin within a month.
Engro to set up 450MW RLNG power project
thenews.com.pk 27 Sept, 2016
Engro Powergen has earmarked $405 million in investment to set up 450 MW of combined cycle power plant at Port Qasim. Kolachi Portgen, a subsidiary of Engro Powergen, is developing the project. The plant is expected to be commissioned in the summer of 2019. The company will enter into a PPA with K-Electric for the sale of energy generated for a term of 30 years.
Zani Muone shopping mall coming
daily-mail.co.zm 27 Sept, 2016
Woodside Mall Zambia has set aside US$23 million to construct a shopping mall in Zani Muone area, Lusaka. The project will be done in phases. The mall is expected to comprise specialized fashion outlets and two proposed major food and dry goods service anchors, a food court and entertainment zone. Other amenities include banking and service nodes, an entertainment area, an administration area, a parking area and four landscaped courtyard spaces.
Eversafe Rubber plans South America expansion post-IPO
theedgemarkets.com 27 Sept, 2016
Eversafe Rubber Bhd plans to grow its export sales by establishing its footprint in new overseas markets outside the Asean region, like South America, once its Initial Public Offering (IPO) is realized. Besides exploring options to either set up representative offices and a warehouse or work with local distributors to help market and service its customers in South America, it is also looking at the feasibility of forming a joint venture with its South American customers to establish a tyre retreading plant there in 2017.
Oman signs deal to set up Iranian Bazaar
tradearabia.com 27 Sept, 2016
Oman and Iran have signed an agreement to establish Iranian Bazaar showcasing a variety of Iranian products in the wilayat of Barka in South Batinah. The bazaar will be built on an area of 40,000 sq. mtrs. The agreement has been signed on the sidelines of an Omani products exhibition (Opex) at the Tehran International Exhibition Centre.
Barrett Steel Secures £80M Funding Package
insidermedia.com 27 Sept, 2016
Barrett Steel has secured an £80m funding package from HSBC to help the steel stockholder consolidate its presence domestically, as well as grow its operations overseas, particularly in South East Asia and the Middle East. The company will be investing £6m of the funding in steel processing technology and equipment to ensure that it is meeting customer demands more efficiently. The financial support has also enabled Barrett Steel to develop new customer and supplier relationships in South East Asia and the Middle East, as well as scope the market for its product in new countries. The company has also set out a five-year plan, aiming to secure customers in new sectors and boost its turnover by £50m, to £300m, by 2020.
Axis Global Logistics Opens New Facility In South Florida
prweb.com 27 Sept, 2016
Axis Global Logistics, provider of fully customized single-source supply chain solutions for companies in a variety of industries, has officially opened a new warehouse, operations and sales facility in Deerfield Beach, Florida. The facility has access to five major seaports, including Port Everglades that is ranked the largest seaport in Florida based on its waterborne cargo value.
Metro Pacific to proceed with $480 million Manila road project
asia.nikkei.com 27 Sept, 2016
Metro Pacific Investments will start building a $480 million road project later this year, after the group secured a clearance from the government to proceed. The 8km, four-lane elevated road project, links the northern and southern outskirts of Metro Manila. The project is expected to get completed by 2021. The company is in talks with BDO Unibank to fund the project.
TBA Textiles invests further £700,000 in its Rochdale manufacturing plant
innovationintextiles.com 27 Sept, 2016
TBA Textiles will invest a further £700,000 in new technology and equipment with the support of a £150,000 grant from the N Brown Textiles Growth Programme. Set up by the Manchester Growth Company for the Combined Authority in Greater Manchester and the Alliance Project, the N Brown Textiles Growth Programme is delivered by the Business Growth Hub and funded by the Regional Growth Fund.
Toyoda Gosei to expand sealing plant in Mexico
plasticsnews.com 27 Sept, 2016
Toyoda Gosei Co. plans to expand its facility in Mexico with a $35.5 million investment in response to increased automotive demand in North America. In addition to adding capacity, the firm has acquired land adjacent to the building to add about 20 percent or 82,000 sq. ft to its current footprint, bringing the building to 523,100 square feet by 2020. This addition will be used to add trial manufacturing equipment to the facility, improving the pre-production processes and it also will provide additional team member training. Construction is projected to be finished by November 2016.
LCMC Health to expand urgent care centers in metro area
neworleanscitybusiness.com 27 Sept, 2016
LCMC Health is expanding its reach with a network of urgent care centers in the New Orleans area next spring. The company is partnering with Premier Health, an urgent care provider based in Baton Rouge. The urgent care services will include on-site lab work, X-rays, physicals and immunizations.
Merck to invest Euro 50 mn in German pharma packaging unit
business-standard.com 26 Sept, 2016
Merck, a science and technology company will invest more than Euro 50 million in a state-of-the-art packaging building at its pharmaceutical manufacturing site in Darmstadt, Germany. Construction of the 15,000 square meter packaging building is planned to be completed by the end of 2017 and expected to be operational as of mid-2018.
Kilitch Drugs to set up plant in Ethiopia
rtn.asia 26 Sept, 2016
Kilitch Drugs (India)’s unit Kilitch Estro Biotech Plc has acquired land for the installation of a pharma plant at Oromia special zone in Ethiopia. Around 4317.5 sq. mtrs of land has been allotted by the Bureau of Rural Land and Environmental Protection, Federal Democratic Republic of Ethiopia on lease for a period of 45 years.
Southwest Russia plans €834 m wind investment
windpowermonthly.com 26 Sept, 2016
Local authorities and private investors are planning to invest up to €834 million to build eight wind farms in the southwest Krasnodar region over several years. The capacity of planned wind farms will vary in the range of 39-150 MW. Each project will comprise of 13-50 3MW wind turbines. The new wind power plants will be built in the Yeisk, Temryuk, Shcherbinovsky and Kanev districts of Krasnodar. Negotiations are already under way, with Spanish developer Iberdrola and some local companies among the potential investors.
10 Megawatt Solar Photovoltaic Power Plant For Monrovia
liberianobserver.com 26 Sept, 2016
The Liberian government and project developer, Gigawatt Global Cooperatief U.A., have signed an MoU for the financing and construction of a 10 MW solar photovoltaic power plant in Monrovia. The MoU, in part, states that Gigawatt will provide the government, through the Liberia Electricity Company (LEC), the roadmap, which summarizes the main actions and steps necessary for the development and construction of a solar photovoltaic power plant. It will also conduct at its own expense a technical and financial feasibility, including the analysis of financial cash flows and tariff structures and the average rate over the entire observation period of debt repayment and return on equity; provide all reports to the LEC within a period of eight months from the signing of this MoU; as well as provide 100 percent financing, both debt and equity as allowed under Liberian law.
KNH set to build 62-bed hostel for cancer patients
nation.co.ke 26 Sept, 2016
A Sh150 million hostel will be built at Kenyatta National Hospital next year. The 62-bed three-storey hostel, which will have a cancer information centre and a place for patients to rest, will be built with support from the American Cancer Society.
Micron opens expanded flash memory facility in Singapore
channelnewsasia.com 26 Sept, 2016
Chipmaker Micron Technology has opened its new expanded 3D NAND flash memory fabrication facility in North Coast Drive, Singapore on 26th September, 2016. The Fab 10 facility has been expanded at a cost of around US$4 billion dollars, which will be spread over a number of years.
Telxius to invest over EUR 350 mln in three undersea cables
telecompaper.com 26 Sept, 2016
Telefonica’s infrastructure subsidiary Telxius is set to invest EUR 352 million over the next three years in three major submarine cable projects already under development. The three projects are the 25,000 km SAM-1 cable linking the US and Latin America, the 11,000 km BRUSA cable connecting Brazil, Puerto Rico and the US, and the 6,600 km Marea cable between Spain and the US.
Rashtriya Chemicals to set up 1.3-mt urea plant in Iran
business-standard.com 25 Sept, 2016
Rashtriya Chemicals & Fertilizers (RCF) has formed a venture with Gujarat State Fertilizer Corporation (GSFC) and Faradast Energy Falat Company (FALAT) for the development of a 1.3 million-tonne urea plant at Chahbahar, Iran. The project entails investment of Rs. 6,500 crore. The product will be shipped back to India.
RioZim Chooses Chinese Group to Design $2.1 Billion Power Plant
bloomberg.com 25 Sept, 2016
RioZim has chosen a Chinese company State Nuclear Electric Power Planning Design and Research Institute, based in Beijing to design a $2.1 billion, 2, 800 MW coal-fired Sengwa power plant in Zimbabwe. RioZim is working on raising funds through equity and debt for the facility. Of the $2.1 billion needed for the plant, $50 million will be for a coal mine that will supply the station.
Chinese winemaker to invest millions in Sunraysia
sunraysiadaily.com.au 25 Sept, 2016
Weilong Grape Wine Company, China’s third largest winemaker will invest millions in Sunraysia. Last week, the company has announced the purchase of 1235 hectares of land across the Sunraysia and Swan Hill regions for $13.4 million, part of a new $120 million Australian subsidiary. The purchases, announced to the Shanghai Stock Exchange, included 886.8 hectares in the Mildura area and 120 hectares in New South Wales, believed to be at Coomealla.
PARC to set up sugarcane research station in Gharo
dawn.com 23 Sept, 2016
The Pakistan Agricultural Research Council (PARC) on 22nd September, 2016 announced the establishment of a new sugarcane research station in Gharo. The new research station will be set up on the basis of the public-private partnership mode.
Metro Wastewater Plant now open – fully operational
kbzk.com 23 Sept, 2016
Butte-Silver Bow’s $34,000,000 Metro Wastewater Plant has been opened and fully operational. The wastewater infrastructure will improve the long-term environmental health of a restored Silver Bow Creek, benefiting the local economy and all communities downstream.
Argentina to invest $1.5 bln in airport improvements through 2019
in.reuters.com 22 Sept, 2016
Argentina will invest $1.47 billion over the next three years to modernize the country’s airports to increase passenger capacity and boost air cargo shipments. Most of the money will go toward modernization efforts to boost capacity at 19 airports, with the aim of doubling the number of passengers traveling on domestic flights. The plan aims to increase commercial capacity at airports in remote regions to facilitate exports of local agricultural products.
Linde-Petronas JV to invest Euro 150 mn for industrial gases facility
BS 22 Sept, 2016
Linde Malaysia Sdn Bhd has established a joint venture company with Petronas Gas Berhad (PGB) to build an industrial air gas facility that will produce gaseous oxygen and nitrogen to supply the needs of Petronas’ world-scale Refinery and Petrochemicals Integrated Complex (RAPID), within the Pengerang Integrated Petroleum Complex (PIPC) in southern Malaysia. Linde and Petronas’ joint venture company, Pengerang Gas Solution Sdn Bhd (PGS), has also secured long-term agreements for the supply of oxygen and nitrogen to the world-scale refinery and petrochemical complex which includes an ethylene oxide/ethylene glycol plant. PGS will build two large air separation units and associated gas facilities resulting in a total investment of Euro 150 million.
MG Motor wraps up component expansion project
thehindubusinessline.com 22 Sept, 2016
MG Motor UK has completed an expansion project at its electrical component testing facilities in Britain. With 22 team members and state-of-the-art testing equipment, the facilities are used to develop in-car electronics for all models manufactured by SAIC Motor Corporation, the parent company of MG.
Tata group opens office in Myanmar
thehindubusinessline.com 22 Sept, 2016
Tata group has opened a new office premises in Yangon, strengthening its presence in Myanmar. The office has been set up by Tata International and will function as a central hub for Tata companies in India. It will facilitate growth of Tata companies by furthering their existing capabilities and exploring new opportunities across sectors such as agro, power, infrastructure, renewable energy, hospitality, tourism and consumer products.
Egypt to start construction of Zamalek underground metro station in 2 weeks
english.ahram.org.eg 22 Sept, 2016
The construction of the underground metro station in Zamalek neighborhood, which is part of Cairo’s third metro line, will begin in two weeks time. The construction of this line, which passes through from Ataba district near downtown to the densely populated district of Imbaba, will cost EGP 20 million. The new metro lines will be completed by 2018.
Qatar Cool to commission 40,000RT cooling plant
tradearabia.com 22 Sept, 2016
Qatar Cool, a premier provider of district cooling in capital Doha, will be commissioning a third plant in the West Bay district next year. The new cooling plant is designed to have a capacity of 40,000 tons of refrigeration.
Train plant construction ‘on track’, says Gibela
engineeringnews.co.za 22 Sept, 2016
The construction of Gibela’s R1-billion train factory at Dunnottar, in Ekurhuleni, is on schedule. Gibela has been contracted to supply the Passenger Rail Agency of South Africa with 600 new passenger trains, in a deal worth R51-billion. The first 20 trains are being imported from Brazil, with the remaining 580 to be built at the Dunnottar site. Gibela will also provide maintenance and engineering services at the facility, as well as training in railway-specific artisan skills. Construction work on the facility is divided into seven packages, namely plant rescue, site clearance, bulk earthworks and civil infrastructure; main site buildings; supplier park buildings; rail infrastructure; electrical reticulation and equipment; mechanical; and cranes. Train production is set to start in the second quarter of 2017.
Olymel investing $11M in Quebec City-area pork plant
canadianmanufacturing.com 22 Sept, 2016
Olymel plans to invest $11 million to modernize its pork processing plant in St-Henri-de-Lévis, Que. The funds will cover the costs of a new a smoker, chillers, packaging equipment and a small 3,000 square-foot addition at the facility, which is located across the St. Lawrence River from Quebec City. The equipment upgrades will allow the company to boost its production of sausages, Bologna, pepperoni, salami, smoked ham and other such products by about 20 million kilograms per year.
InfraRed to acquire 50-MW wind project in Scotland
renewables.seenews.com 21 Sept, 2016
A fund managed by InfraRed Capital Partners will acquire the 50-MW shovel-ready Afton wind project in southwestern Scotland for GBP 78 million. In particular, InfraRed Infrastructure Fund III will buy the 25-turbine project from developer E.ON Climate & Renewables. The scheme is fully consented and has secured grid connectivity. It is expected to enter the construction phase in the final quarter of the year. Completion is scheduled for the fourth quarter of 2017.
Hang Lung Properties Unveils Plan for a New Premium Hotel in
hospitality-industry.com 21 Sept, 2016
Hang Lung Properties plans to open a new five-star hotel in Shenyang. As part of the Forum 66 mixed-use development, the Conrad Shenyang hotel will occupy the upper 19 floors of the 67-story office tower and it will also have 315 exquisitely appointed guest rooms and suites. The hotel is due to open in the first half of 2019.
UGM to build ‘techno-park’ in Kulon Progo
thejakartapost.com 21 Sept, 2016
Gadjah Mada University (UGM) plans to build a techno-park in Kulon Progo regency, Yogyakarta, Central Java. The construction will begin in 2018. The park aims to become a teaching space to promote downstream academic and research products to the public. The park will also develop products for the renewable energy and the communications and information technology sectors.
Siemens to build offshore wind demonstration project in Denmark
wind.cleantechnology-business-review.com 21 Sept, 2016
Siemens will build the 28 MW Nissum Bredning offshore wind demonstration project in northern Denmark. Developers Nissum Bredning Vindmøllelaug and Jysk Energi have also confirmed a positive final investment decision on the project. The project will be the first offshore installation of Siemens’ SWT-7.0-154 wind turbine. Apart from its new turbine, the German firm will also deliver foundations and cable systems for the scheme. Turbine installation is scheduled for the summer of 2017, with commissioning anticipated in the third quarter of the same year.
Mecaplast to expand auto parts molding to Morocco
plasticsnews.com 21 Sept, 2016
Mecaplast Group plans to launch a car component injection molding plant at Kenitra, Morocco in 2017. The firm is to invest up to 30 million euros to construct a 10,000-square-meter Moroccan unit to turn out molded plastic parts for a leading customer, Peugeot Citroën PSA. Construction work on the 557 million euro facility is set to begin late this year and production shall start by the end of 2017.
Grapevine hotel property off SH 26 to expand to include Hilton Garden Inn
communityimpact.com 21 Sept, 2016
Grapevine City Council, along with the planning and zoning commission, approved an expansion of the Courtyard Marriott/Towneplace Suites, which are both Marriott hotels. With the approval, a third brand-Hilton Garden Inn, will be added in conjunction with the existing two hotels. The expansion will include 150 rooms, bringing the property’s total room count to 450 rooms. Additionally the expansion will add 5,000 square feet of meeting space, making the total amount of meeting space on the site 15,000 square feet. The Hilton Garden Inn will be six stories and feature a restaurant and a bar.
Lockbox Storage Gets Approval to Expand in Blair, NE
insideselfstorage.com 21 Sept, 2016
McGregor Interests Inc. (MII) received approval last week to expand its Lockbox Storage facility in Blair, Nebraska. MII plans to expand the facility from 5 to 12 buildings. Some units will be climate-controlled, and an office will be added for a full-time manager. The property will have one entrance controlled by an electronic gate and keypad.
Kaduna govt, firm to establish $120m rice processing plant
today.ng 21 Sept, 2016
Vicampro Farm, in joint venture with the Government of Kaduna State is to flag-off a $120 million French Rice/Potatoes processing plant in the state. Around 5,000 hectares of land will also be allocated in each local government area suitable for potatoes plantation. VICAMPRO, owner of the processing plant will buy the potatoes from the farmers for its massive production, as 60 percent of the products will be exported.
Raysut Cement to raise cement capacity to 140,000 tonnes
Timesofoman.com 21 Sept, 2016
Raysut Cement’s gas supply station at its plant in Salalah has been commissioned and commercial operation has already been started. This will enable the company to increase the production capacity of cement to 130,000 to 140,000 tonnes of cement per annum, which will lead to increase the company’s profitability.
General Mills invest additional $3m in cottage cheese producer Good Culture
foodbev.com 21 Sept, 2016
General Mills and venture capital fund CAVU Venture Partners has doubled its investment in cottage cheese company Good Culture to boost the start-up’s visibility. Good Culture makes thick, organic cottage cheese products that are much higher in protein and lower in sugar than traditional cottage cheese. An initial investment of $2.1 million has been made into the cottage cheese brand in March earlier this year.
Deerfield wind project construction underway
wcax.com 20 Sept, 2016
An $80-million wind power project in Searsburg and Readsboro is underway. Avangrid, a subsidiary of Spanish company Iberdrola Renewables, will build the 15 turbines in the Green Mountain National Forest. Once it’s operational in 2018, the turbines will produce enough electricity to power 14,000 homes. Green Mountain Power has agreed to a long-term contract.
Guardian Storage Expands Self-Storage Facility in Monroeville, PA
insideselfstorage.com 20 Sept, 2016
Guardian Storage will begin construction this week on a large expansion project at its property in Monroeville, Pennsylvania. The company is adding 83,525 square feet of storage space to its facility at 4711 William Penn Highway. The plans include renovating and expanding the existing two-story building as well as constructing a new three-story structure to create 709 new storage units as well as retail space.
Mitsuba expands auto plant in Hungary
prw.com 20 Sept, 2016
Mitsuba Corporation has completed the first phase of a planned €13.5m expansion project at its parts plant at Salgótarján in Northern Hungary. The company has finished work on the construction of 8,500 sq. mtrs of new production halls and warehousing at its facility on Salgótarján’s industrial park. The additional working area has effectively doubled the site’s manufacturing and storage capacity and new production machinery will continue to be installed at the plant.
Cargill forms joint venture in Indonesia
meatpoultry.com 20 Sept, 2016
Cargill has partnered with an Indonesian agri-food company to produce and supply fully cooked poultry products in Indonesia. The company has entered into a 60/40 venture with So Good Food, a wholly-owned subsidiary of Indonesian agri-food company Japfa. The two companies will also produce a line of value-added consumer food products. The joint venture company will be called Cahaya Gunung Foods. Cahaya Gunung Foods will become a supplier to various quick-service restaurants, hotels, restaurants, the foodservice and convenience sectors in Indonesia. The company will also have the capability to export products to surrounding countries.
Solvay to build new facility in Germany
marketwatch.com 20 Sept, 2016
Solvay SA will build a new facility in Ostringen, Western Germany to produce lightweight materials for parts such as engine fan blades. Production will commence in the second quarter of 2017.
Nokian Tyres to build test facility, technology centre in Spain
tyrepress.com 20 Sept, 2016
The Spanish municipality of Santa Cruz de la Zarza has been selected as the location of Nokian Tyres’ new technology centre for the testing of summer and winter tyres. The Finnish tyre maker will invest approximately €16 million to build the facility on a site of some 300 hectares. Construction work will begin early in 2017, and while the facility will not be finished until 2019 the first project stage is expected to be completed next year.
Fonterra to invest in cheese
ingredientsnetwork.com 19 Sept, 2016
Fonterra Australia is to make a $AU4.3 million investment to boost cheese and whey capacity at its Wynyard plant in Tasmania. The investment will increase the plant’s cheese making capacity by 8,000 MT per annum by quickening every step of the cheese making process.
High-capacity wood processing facility to be erected in Tyumen region
russianconstruction.com 19 Sept, 2016
Tyumen authorities signed an agreement with the investor, within the framework of construction of a plant processing added-value wood, which is located in the Tobol district, the Tyumen region of Russia. The Tyumen authorities will provide the investor with a forest raw material base, as well as with a plot of land. The regional administration will also render assistance in bring necessary utilities. The enterprise’s building is scheduled to start in the year 2017. Also, preparatory works within the framework of construction of a new wood processing facility started at the site in the Isetsky district. At the initial stage, over 175 m roubles will be invested in the project and more than 200 jobs are to be created.
UPMC looks for new site to build hospital
Beckershospitalreview.com 19 Sept, 2016
Pittsburgh-based UMPC plans to build a hospital in the Pleasant Hills borough of Pennsylvania. UPMC is in the process of assessing other sites throughout the South Hills area that have subsequently emerged that are better suited and offer more space to construct modern and technologically state-of-the-art facilities to accommodate the inpatient, outpatient, diagnostic testing, advanced imaging, comprehensive primary care, senior care and other needs of our patients.
Iranian companies invest $2.6B in Azerbaijan
en.trend.az 19 Sept, 2016
Iranian companies have invested $2.6 billion in Azerbaijan’s economy. Azerbaijan is ready to support the activities of Iranian companies in the country with help of industrial parks, industrial districts, special economic zones, investment promotion documents and so on.
Synlait reveals $98m offer for expansion plans
stuff.co.nz 19 Sept, 2016
Synlait is intending to raise $98 million for a $300m expansion programme over the next three years to include a second site. The company wants to increase its infant formula manufacturing and expand its packaging and value added cream manufacturing facilities.
Segue Resources Ltd looks to expand gold portfolio with new project
proactiveinvestors.com.au 19 Sept, 2016
Segue Resources has applied for two exploration licences at the Barlee gold project covering 300 square kilometres in the Eastern Goldfield of Western Australia. A large portion of the greenstone belts are outcropping and will be the target of an initial rock chip and multi-element soil sampling program scheduled to commence in October 2016.
Tonga Power signs large solar energy project with China
matangitonga.to 19 Sept, 2016
Tonga Power has signed a long term PPA at the Zhuhai Singyes headquarters in China on 12th September, 2016 for the construction and commissioning of a 2 MW solar facility at Matatoa. The company also engages in the investment, construction and operation of large scale solar photovoltaic power plants and micro-grid energy systems, boasting a top-grade design and construction qualification in China, and has been involved in more than 600 large systems engineering projects. The new solar farm is expected to be fully operational by mid next year.
Construction of power transmission line to begin in two months
tribune.com.pk 19 Sept, 2016
The construction work on the 878-kilometre high voltage direct current Matiari-Lahore Transmission Line Project worth $1.57 billion will be initiated under the China-Pakistan Economic Corridor (CPEC) in two months. The project will be completed in 24 to 30 months.
GE Healthcare to invest €150m in Ireland biopharma campus
ft.com 19 Sept, 2016
GE Healthcare is to invest €150m in a biopharmaceuticals manufacturing operation in Ireland. The investment will consist of a new campus for biopharmaceutical companies in Cork, which is an established base in Ireland for global pharmaceutical companies such as Pfizer.
Sika opens facility for adhesives and acoustic products in Brazil
business-standard.com 19 Sept, 2016
Sika has opened a new manufacturing facility for adhesives and acoustic products in Sao Paulo, Brazil. The new factory with its adjoining technology centre, will manufacture adhesives and a wide range of acoustic products for the automotive market in Latin America.
Nippon Electric Glass to set up joint-venture in China
digitimes.com 19 Sept, 2016
Nippon Electric Glass (NEG) will cooperate with China-based Dongxu Optoelectronic Technology (DOT) to set up a glass substrate processing factory in Fuqing, southeastern China, on a joint venture basis. The factory will be initially capitalized at CNY240 million, with NEG holding a 40% stake and DOT and its wholly-owned subsidiary taking 10% and 50% respectively. The factory will process NEG-produced 8.5G glass substrates mainly for supply for China-based BOE Technology’s TFT-LCD panel fab under construction in the vicinity and it will come into operation in June 2017.
Arkansas manufacturer to invest $12M, add 400 jobs over 4 years
arkansasonline.com 19 Sept, 2016
Intimidator Inc., a vehicle and lawn mower manufacturing company is growing its operations and creating 400 new full-time jobs over four years. The company will invest $12 million in facilities and equipment to expand an existing manufacturing plant and build a second one in Independence County Industrial Park.
Emirates SkyCargo opens new pharma facility at Dubai airport
tradearabia.com 18 Sept, 2016
Emirates SkyPharma, Emirates SkyCargo’s new purpose-built facility dedicated exclusively to the timely and secure transport of temperature sensitive pharmaceutical shipments at Dubai International Airport (DXB), has been officially opened on 18th September, 2016. The new purpose-built Emirates SkyPharma facility, part of the new 11,000-sq-m extension of Emirates SkyCentral terminal at Dubai International Airport, offers 4,000 sq. mtrs of space dedicated to pharmaceutical cargo. It also features temperature controlled zones (2-8 degree Celsius and 15- 25 degree Celsius), 88 temperature controlled individual positions in the automated ULD (aircraft pallet) handling system and 5 temperature controlled acceptance and delivery truck docks.
Farsons inaugurates beer packaging facility
timesofmalta.com 18 Sept, 2016
Simonds Farsons Cisk plc inaugurated a state-of-the-art beer packaging facility at its brewery in Mrieħel following a €27 million investment. This latest investment in its operational facilities enables the firm to produce and package beer and other beverages in exportable packages.
LewisGale Hospital Montgomery undergoing $7 million expansion
collegiatetimes.com 18 Sept, 2016
The LewisGale Hospital Montgomery is in the midst of an approximately $7 million expansion set to modernize facilities. The plans will include, expanding and renovating heavily used sections of the hospital. Most of the renovations will begin in October and will be completed within the next six months.
Legends Bank to expand in Rolla
therolladailynews.com 17 Sept, 2016
Legends Bank is expanding its branch in Rolla to better serve its growing customer base. The bank recently broke ground on an addition to its facility located at the intersection of Highways 63 and 72, with an anticipated completion in January 2017. The bank will be using Rolla area laborers, subcontractors and suppliers to complete the project.
Tharaka Nithi government to build Sh30 million sewage treatment plant
the-star.co.ke 17 Sept, 2016
The Tharaka Nithi government will build a Sh30 million sewage treatment plant in Chuka town. The plant will be supervised by the Nithi Water and Sanitation Company and it will be equipped to transform waste into fertilizer than can be used for farming.
LPW Technology Establishes New R&D Facility for AM Metal Powder Degradation
additivemanufacturing.com 16 Sept, 2016
LPW Technology, a market leader in the development, manufacture and supply of cutting edge metal powder solutions for Additive Manufacturing (AM), has established a new R&D facility. The facility is located within the internationally recognised Daresbury Laboratory in Cheshire, UK. The purpose of this significant investment is to further develop LPW’s products and solutions to address the issues of metal powder degradation and contamination during the AM process.
USDA provides $ for new wastewater treatment plant
illinoishomepage.net 16 Sept, 2016
The US Department of Agriculture awarded $25,323,840 in federal funding, including more than $3 million in grant awards, to rural development projects in the state to support water and waste infrastructure projects and local economic development. The City of Monticello has been awarded a Water and Waste Disposal Loan of $14,285,000 to construct a new wastewater treatment plant.
GreenFiber International to build plastics recycling plant in Romania
recyclingtodayglobal.com 16 Sept, 2016
GreenFiber International plans to invest 35 million euros to build its third production plant for synthetic fibers made out of 100% recycled PET. The new plant will be located in Urziceni, Romania and it will have a production capacity of 30,000 tons of synthetic material per year. The new plant will be operational by the first quarter of 2017. Additionally, the company is planning addition investments, which will double the plant’s capacity by 2018.
Cal Am pipeline construction coming soon to Peninsula
montereycountyweekly.com 15 Sept, 2016
Construction of the first water pipeline on the Monterey Peninsula began in 1881, another major pipeline project, to be built and owned by California American Water, is set to break ground in October. The project costing $50 million is expected to be completed by the end of 2017.
BMW upgrades its Dingolfing plant for new 5 Series
auto.economictimes.indiatimes.com 15 Sept, 2016
BMW is upgrading its Dingolfing plant in Lower Bavaria extensive refurbishment and construction in all technologies. The company has invested several hundred million euros in measures including a new body shop to the west of the plant and restructuring of drivetrain unit installation at the vehicle assembly facility. In addition to manufacturing all BMW 7 Series and BMW 6 Series models, the site will continue to produce all variants of the new BMW 5 Series and also serve as the lead plant for the BMW 5 Series’ international production network. Production of the new BMW 5 Series Sedan will get underway at the end of the year at the main plant in Dingolfing and at Magna Steyr in Graz in early 2017.
West77 Partners plans 25 hotels
djc.com 15 Sept, 2016
WoodSpring Hotels has entered into an agreement with West77 Partners of Bellevue to develop up to 25 hotels in the San Francisco Bay area. This is its second development agreement with West77 Partners. The two firms are working together to construct a number of hotels around San Francisco and in Washington state over the next several years, with the first expected to open this year.
AltaGas opens gas complex in British Columbia
energyglobal.com 15 Sept, 2016
AltaGas held the grand opening of the Townsend facility, an integrated midstream complex located in northeast British Columbia. The facility includes a 198 million ft3/d shallow-cut natural gas processing facility, natural gas gathering and liquids egress lines and a truck terminal. Commercial operation commenced on 10th July, 2016. The CAN$430 million project has been completed ahead of schedule and under budget.
Mary Kay breaks ground on new US$125 million manufacturing facility
globalcosmeticsnews.com 15 Sept, 2016
Mary Kay has broken ground on a new 480,000 square foot manufacturing, research and development facility in Lewisville, Texas. The new building will support Mary Kay’s mission to become a top 5 global beauty brand, producing skin care, color cosmetics and fragrances for its 3.5 million independent consultants worldwide.
DRI gives green light for new Bartow logistics facility
northwestgeorgianews.com 15 Sept, 2016
Planners at the Northwest Georgia Regional Commission in Rome have completed a Development of Regional Impact report for a proposed distribution and warehousing facility in Bartow County and determined it is consistent with local and regional plans. The Cassville-White Logistics Park project will include a 769,460-square-foot distribution and warehousing project on 59.6 acres at 515 Cassville-White Road.
First Catch to build lobster plant in Nova Scotia
thechronicleherald.ca 15 Sept, 2016
First Catch Fisheries Company is planning to build a lobster processing plant on the waterfront in Shelburne after buying land for the project from the municipality. The 32,000-square-foot plant is to consist of a seafood holding and processing facility, storage and administration offices. Construction of the plant is expected to start this autumn with completion next year.
Universal Coal commissions its second coal mine
miningreview.com 15 Sept, 2016
Universal Coal has successfully commissioned the first phase of its New Clydesdale Colliery (NCC) in Witbank, Mpumalanga. NCC is being developed in two phases, with production initially focusing on the Diepspruit underground area. The operation is now ramping up to Phase 1 nameplate capacity of 900,000 TPA ROM of export quality thermal coal destined for both domestic and export markets. With first production of coal occurring on the 8th September 2016, the first of NCC’s three coal handling and processing plants have been successfully commissioned over the previous two days, with the second plant to be fully commissioned within the next few days. Commercial agreement on the offtake of product has been finalized, with first sales to commence later this month.
Procemcol opens cement plant in Sogamoso
globalcement.com 15 Sept, 2016
Procemcol has opened its 0.24Mt/yr Productora de Cemento SAS cement plant in Sogamoso. The project has an investment of US$10.2m and it will create 65 jobs. Sogamoso also has two other cement plants, owned by Cementos Argos and Cementos del Oriente, which are upgrading their equipment.
Industrial gas firm Air Liquide investing in upgrades at Hamilton, Ont. Plant
canadianmanufacturing.com 15 Sept, 2016
Air Liquide plans to upgrade the air separation unit at its Hamilton, Ontario plant. The company plans to begin upgrading the air separator shortly and expects to complete the work by April 2017.
Dot Foods plans expansion in Washington County
heraldmailmedia.com 14 Sept, 2016
Dot Foods is planning to expand operations in Washington County through a $35 million. The two-phase project includes a 100,000-square-foot expansion at its Williamsport facility, increasing the total to 350,000 square feet of warehousing space, nearly doubling the company’s capacity. The first phase of the project includes a new truck-maintenance facility on property in Williamsport recently purchased by Dot Foods. It will be leased for Dot Transportation operations. In phase two, slated to begin in spring 2018, the company’s existing facility at 16301 Elliot Parkway will receive an overhaul, including renovations to the office, refrigeration and freezer space, while expanding the warehouse to add more dry space. Both phases shall be completed by 2019.
PP Control & Automation to Invest £1m in Extension
memuk.org 13 Sept, 2016
West Midlands industrial controls and sub-contracting manufacturer, PP Control & Automation, will invest more than £1 million in a new extension that will add 1,000 sq. mtrs of production space to its site in Cheslyn Hay, including a new logistics department and a clean assembly area. Building work has begun on the scheme that will give PP further capacity to help achieve its target of doubling its turnover to £40 million in 2021.
BFI to invest EUR 30 million into expansion of Meraklon hygiene fibre line
innovationintextiles.com 13 Sept, 2016
Beaulieu Fibres International (BFI) has announced a EUR 30 million investment to extend production capacity at its Merkalon plant in Terni, Italy, and expand the Meraklon specialty fibre portfolio with new BICO products. The investment centres on a new hygiene line equipped with the latest, state-of-the-art long spin technology to meet the on-going increase in demand in the market for high quality polyolefin fibres. It will be housed in a new building offering space for further expansion, which will be constructed at the Terni site. The company expects to begin installation of the equipment from mid-2017.
Greece wants Russia to invest in its coal industry
rt.com 13 Sept, 2016
Athens has offered Russia’s Gazprom the opportunity to invest up to $900 million in the country’s coal industry. The offer includes the Vevi coal mine in the Florina region of northern Greece as well as the expansion of the 330 MW coal-fired Florina Power Station. Gazprom is interested in mining for coal in Greece together with its local joint venture.
Chinese invest in Kecskemét light aircraft factory
bbj.hu 13 Sept, 2016
Kecskemét-based Magnus Aircraft has signed an investment deal worth more than EUR 30 million on creation of a joint venture with China’s Tianshan Industrial Group. The two companies are creating a new joint venture for the Magnus Aircraft to produce light aircraft under license for sale in China. The aircraft are Fusion 212-type, two-seater propeller-driven low-wing monoplanes, of which 1,500 units are planned to be produced and sold. The greenfield investment will see the building of a mid-sized airfield, an assembly and maintenance plant, and the Magnus Pilot Academy pilot training center network.
Bulgaria’s Neterra to invest 3 mln euro in database centre, to open office in Turkey
seenews.com 13 Sept, 2016
Neterra, a Bulgarian telecommunications company plans to invest $3.37 million in the construction of a database centre next year. The company will also decide on building another database centre during the same year; the details will become clear within two months. Further, the company plans to open an office in Instanbul, Turkey and also it plans to launch a new teleport for satellite communications in 2017.
Panasonic Opens “Panasonic Solution & Innovation Center Thailand”
businesswire.com 13 Sept, 2016
Panasonic Corporation has opened the ‘Panasonic Solution & Innovation Center Thailand’ in Bangkok on 13th September, 2016. The center is established as the company’s Factory Automation (FA) showroom in Southeast Asia, aimed at showcasing highly-efficient manufacturing technologies and equipment. Jakarta, Indonesia, and Hanoi, Vietnam, are in the pipeline as the company expands its factory automation business globally.
Maine Medical Center planning $512 million expansion
wmtw.com 13 Sept, 2016
Maine Medical Center is planning a more than $500 million expansion to modernize the hospital. The project will replace most double bed inpatient rooms with single bed rooms. Procedure rooms and other facilities will be modernized. The project calls for 300,000 square-feet of new construction, including a new building on Congress Street. Two floors for patient beds will be added to the East Tower. It is expected to take more than a year to get regulatory approval for the expansion. Construction is expected to take four years.
M&R evaluates oil and gas deal in the US
bdlive.co.za 13 Sept, 2016
Murray & Roberts (M&R) is evaluating a US oil and gas acquisition and will probably seek a larger international deal in years to come. M&R, which built landmarks such as Johannesburg’s Carlton Centre is working to transform itself into an international operator specializing in underground mining, oil and gas, and power and water projects. The mining-industry division has units operating in SA, Australia, Canada and the US, and the next step will be to extend the geographic reach of the oil and gas business, which operates primarily in Australasia.
SMS group commissions new compact steel plant of El Marakby
engineeringnews.co.za 13 Sept, 2016
The new compact steel plant of El Marakby in Giza, Egypt, is officially opened with an inaugural ceremony. The electric steelworks supplied by SMS group has an annual capacity of 350,000 tons and it comprises a raw materials handling system, a 45-ton electric arc furnace, a ladle furnace with a transformer rating of 8 MVA+20 percent and a three-strand billet caster supplied by SMS Concast.
StayWell Hospitality Group embarks on United Kingdom expansion
hospitalitybizindia.com 13 Sept, 2016
The Industrialization Ministry and the Swakara Board of Namibia plan to commission a feasibility study StayWell Hospitality Group announced plans of global expansion by entering into a partnership with renowned United Kingdom hospitality company-Fiveways Hospitality. The newly formed master licensing agreement between the two parties will enable StayWell Hospitality Group to significantly grow its Park Regis and Leisure Inn brands within the UK market. Entering this agreement will help to secure an additional four hotels in the region within the next 48 months which is part of the group’s overarching plan to reach 100 hotels globally within the next three years.
USA Hockey plans retail store at Fashion Show mall
reviewjournal.com 13 Sept, 2016
USA Hockey plans to open a retail store at Fashion Show mall in Las Vegas on 1st October, 2016. The store, operated by Redline Hockey LLC, will feature the latest USA Hockey merchandise, Team USA-branded items, NHL apparel and other hockey-related products. Co-owner Gerard Nyman will manage the 1,250-square-foot store and it will be staffed by up to six people depending on the season.
Dangote set To Begin Coal Mining In November
financialwatchngr.com 12 Sept, 2016
The Dangote Cement Plc, a subsidiary of the Dangote Group, discloses its plan to start mining coal at Ankpa, Kogi State, in November. The coal mining initiative will benefit both the company and the Nigerian economy by reducing the need for foreign exchange and helps to protect existing jobs and create new ones.
Warehouse planned for Atchison industrial park
newspressnow.com 12 Sept, 2016
A new warehouse will be built at the Shannon Industrial Park near Atchison, Kansas. The city’s planning commission has granted site plan approval for Direct Mop Sales to construct a 21,800-square-foot distribution warehouse at the park on a 5-acre plot.
Eni expands in Singapore to capture Asia oil
brecorder.com 12 Sept, 2016
Italy’s Eni plans to expand its trading office in Singapore as it sells more of its growing oil and liquefied natural gas output to Asia to meet the region’s rising import needs. New crude, condensate and LNG production from joint ventures in Kazakhstan from October, and from Ghana and the Jangkrik gas field in Indonesia in 2017 will add to the Italian producer’s daily output of 1.8 million barrels of oil equivalent.
Construction of Hewa A hydel project completed
thehimalayantimes.com 12 Sept, 2016
Hewa A Hydro Project located near Panchthar headquarters Phidim, has started generating power. With the power generation, the hydro project is planning to test electricity transmission soon. Around 99.9 per cent work at the project has been completed.
Thermo Fisher opens clinical services facility in South Korea
business-standard.com 12 Sept, 2016
Thermo Fisher Scientific has opened a clinical services facility in Seoul, South Korea. The new site will provide local, regional and global pharmaceutical and biotech companies with a one-stop service for clinical supplies-from cGMP storage, local labelling, secondary packaging, comparator sourcing, handling and distribution of ambient and cold chain supplies to clinical site returns management.
Jaguar to invest Rs 890 cr in UK plant
business-standard.com 12 Sept, 2016
Tata Motors-owned Jaguar will shift production of Jaguar XE to its Castle Bromwich Assembly Plant in the United Kingdom (UK), where it is investing Rs. 890 crore. The XE will gradually shift from its current home at Solihull. The plant currently produces XF, F-TYPE, and XJ.
Deutsche Telekom to expand data center in Biere
telecomlead.com 12 Sept, 2016
T-Systems, a part of European telecom network operator Deutsche Telekom, will expand its data center in Biere, Germany. Deutsche Telekom aims to enhance the cloud capacity at the Biere site by 150 percent by adding three additional data center modules to the site. It is targeting to begin operation of the new modules in the second quarter of 2018.
MetroPac to start Calax project in 2017
thestandard.com.ph 11 Sept, 2016
A unit of Metro Pacific Investments Corp. plans to start the construction of the P34.5-billion Cavite-Laguna Expressway by the middle of next year. MPCala tapped DMCI Consunj Inc. to construct the Laguna side of the project, while Leighton Holdings of Australia will build the Cavite side. Calax involves the financing, design, construction, operation and maintenance of a four-lane, 47-kilometer closed-system toll expressway connecting Cavitex and South Luzon Expressway. Construction is expected to be completed by 2020, while operations and maintenance will be from 2020 to 2050.
Russia says to sign TurkStream pipeline deal with Turkey in October
gulfnews.com 11 Sept, 2016
Russia plans to sign an agreement with Turkey next month on the implementation of the Turkish Stream gas export pipeline project. The inter-governmental agreement and road map are currently being reconciled; the process of agreeing on the final text is under way.
Mantua-based Mantaline adds new plant
crainscleveland.com 11 Sept, 2016
Mantaline Corp. has expanded its operation and manufacturing capabilities with the addition of a new plant and equipment in Hiram. Its newest facility, called the Thermoplastic Extrusion and Injection Molding Innovation Center, spans about 30,000 square feet on an 8-acre site. The estimated cost of the new plant is $1.6 million; the firm is spending another $1 million to add an extrusion line with three extruders, presses and other equipment. A grand opening has been held on 17th August, 2016.
Plans to set up wool processing plant in Namibia
yarnsandfibers.com 11 Sept, 2016
The Industrialization Ministry and the Swakara Board of Namibia plan to commission a feasibility study on the setting up of wool processing plant in Namibia which could process as much as 360 000 tonnes of wool. The study is expected to cover wool processing such as grading, scouring, drying, carding and felting and it is expected to be carried out within a period of 45 days spread over the time from the signing of the contract on 24th October, 2016 to 31st January, 2017 when the feasibility study report must be submitted.
Trans-Asia interested in 40-MW wind plant
thestandard.com.ph 11 Sept, 2016
Trans-Asia Renewable Energy Corp., is keen on developing the 40-MW Sibunag wind power project in Guimaras province. While the company had no timeline for the project construction, it is preparing the project for government’s decision on the third round of feed-in tariff for wind projects. Construction will be commenced this year.
Panays 1st solar plant opens
mb.com.ph 11 Sept, 2016
Cosmo Solar Energy Inc. (CSEI) inaugurated its P745-million solar power plant of Panay Island in Miag-ao, a town in southern Iloilo province on 8th September, 2016. The 15-hectare solar power plant can generate 5.67 MW.
Shapoorji Pallonji to develop first Dubai project
gdnonline.com 11 Sept, 2016
Shapoorji Pallonji is all set to enter the UAE real estate scenario as a developer with its first project-Imperial Avenue in Downtown Dubai. A 45-storey residential tower boasts 424 apartments and five levels of parking that emphasizes on larger living spaces to provide the residents with high-quality living. The company’s international unit, SP International Property Developers, is set to establish itself as an independent developer for the project.
Denver U-Haul Facility Expands to Add More Than 700 Self-Storage Units
insideselfstorage.com 10 Sept, 2016
U-Haul International Inc. is expanding its self-storage properties in Denver. Plans are underway to add more than 700 indoor, climate-controlled units to U-Haul Moving & Storage of the Mile High at 7540 York St. The new units will roughly double the amount of self-storage among the six U-Haul-owned and -operated facilities in the region.
African firms to set up $12mn garment factory in Rwanda
fibre2fashion.com 09 Sept, 2016
Albert Supply and Prime Economic Zone have entered into a renewable 5-year land lease agreement with Rwanda’s Ministry of Trade and Industry (MINICOM) to set up a new $12.44 million garment and footwear factory in Kigali, Rwanda. As per the deal, the two companies will obtain 2.5 hectares of land to set up the factory, for which operation is expected to begin by July 2017. Albert Supply will manufacture garments from cotton, leather and other raw materials, whereas Prime Economic Zone will produce belts, bags and shoes from leather.
DP World to invest $440m in Somaliland port
globalconstructionreview.com 09 Sept, 2016
DP World has entered an agreement to build and operate a multipurpose port at Berbera. DP World will take a 65% stake in the project and the Somaliland government will own the rest. The first phase will include a 400m quay, a 250,000-sq-m yard, as well as gantry cranes and reach stackers to handle containers and cargo. Construction will start 12 months after the final agreement is reached, and is expected to take 24 months to complete. DP World will run the port for 30 years, with an automatic 10-year extension if it wishes.
KYOCERA SGS Precision Tool Inc. to invest $9.5 million to establish East Coast manufacturing operation
augustafreepress.com 09 Sept, 2016
KYOCERA SGS Precision Tool Inc. (KSPT), a wholly owned subsidiary of KYOCERA Corporation and a leader in solid carbide cutting tool manufacturing, will invest $9.5 million to establish a North American technology and strategic manufacturing hub, KYOCERA SGS Tech Hub, LLC, in the City of Danville and Pittsylvania County. KYOCERA SGS Tech Hub has also joined the Commonwealth Center for Advanced Manufacturing (CCAM) as an Organizing Member, the highest level of participation CCAM offers.
Innovia opens manufacturing facility for polymer banknotes
britishplastics.co.uk 09 Sept, 2016
Innovia has opened a new, start-of-the-art, high security plant at its Wigton site in Cumbria for the manufacture of the substrate used for polymer banknotes. The Bank of England’s new polymer £10 banknote substrate is being produced at the new facility, ready for circulation in the Summer of 2017.
Sonoco invests $8m to expand s plastic packaging production at German facilities
packagingmaterials.packaging-business-review.com 09 Sept, 2016
Sonoco has boosted its production capacity for advanced injection-molded rigid plastics packaging by investing approximately $8m at its sites in Zwenkau, Germany. The company has added 25 new employees and expanded its two manufacturing sites including Zwenkau I and II in a bid to increase its production capacity while improving the location’s energy efficiency. Additionally, the company has set up additional office space and a high-bay warehouse.
Plant processing potatoes to be built in Lipetsk region for €120m
russianconstruction.com 09 Sept, 2016
Belaya Dacha has commenced the construction of a large plant for special processing of potatoes in the Lipetsk region. All works at the construction site of the enterprise with the capacity of 100,000 tons of output production per year are scheduled to be completed by December 2017
Sai Son Cement VND50bn renovation project
cemnet.com 09 Sept, 2016
Sai Son Cement (SCJ) will spend nearly VND450bn on renovation projects of clinker production lines at its Nam Son Cement plant. The investment will go towards renovating the plant’s equipment to save energy, which will in turn improve the economic efficiency of the clinker production lines. Some 20 per cent of the funds (VND85bn) for this project are generated through equity capital, while the remaining VND363bn came from commercial loans.
Safestyle To Build New £4.5M Factory
insidermedia.com 09 Sept, 2016
Safestyle UK is to invest £4.5m in the construction of a new 64,500 sq ft factory in Barnsley. The factory will be equipped with technology including a new glass toughening furnace, automated glazing line and a high-speed cutting table. Planning permission for construction on land adjacent to its existing site has been secured and will allow Wakefield-based Harris Construction Management to design and build the new factory.
AGRA Plans to Invest $500 Million in African Seed Companies
bloomberg.com 08 Sept, 2016
Alliance for a Green Revolution in Africa (AGRA) plans to invest $500 million over five years to help agricultural companies and governments on the continent produce seeds. The organization, founded in 2006 through a partnership between the Rockefeller Foundation and the Bill & Melinda Gates Foundation, has already invested $100 million in seed companies since 2006. AGRA will start using the additional funds in January.
Becamex to invest in new Hanoi software park
thanhniennews.com 09 Sept, 2016
Hanoi has approved another software park project that is expected to cost about VND24 trillion. The project, developed by Becamex Investment and Trade JSC, will be built on a section of Vo Nguyen Giap Street between the city center and Noi Bai Airport. A detailed plan will be completed by the end of the month. Construction is set to complete in 2019.
Plans for new Dublin hotel
independent.ie 08 Sept, 2016
Planning permission has been sought by Dublin Loft Company, a vehicle controlled by Kelly, Mark and Andrew Cosgrave, for the development of a 175-bedroom hotel in Dublin’s Smithfield. Arranged over seven storeys, the proposed development at 6-11 Hendrick Street will extend to 60,000 sq. ft. and replace an existing 3,000 sq. ft. property at the site. The proposed extension will have a total floor area of approximately 12,000 sq. ft. and consist of 32 additional bedrooms, bringing the hotel’s overall room count to 164.
Thai-Danish to jointly build dairy factory
scandasia.com 08 Sept, 2016
The Dairy Farming Promotion Organisation (DPO) is setting up a new dairy factory in a joint investment with private operators and dairy farmers. The new factory, valued between 700 million and 1 billion baht, will be built under a new business model in which farmers will be stakeholders. The new plant is expected to start operations in the next 2-3 years.
Tema port expansion project to commence 1st October
hellenicshippingnews.com 08 Sept, 2016
Construction works on the $1.5billion Tema Port expansion project is expected to commence on the 1st October, 2016. Meridian Port Services (MPS) has awarded the contract for the construction of the Tema Port expansion project to the China Harbour Engineering company and AECOM professional services (Ghana). MPS has signed a $667 million financing package with the International Finance Corporation (IFC), while the MPS shareholders will provide the rest of the funding as fresh equity amounting to $333million dollars.
Merck opens OLED materials manufacturing plant in Germany
business-standard.com 08 Sept, 2016
The German science and technology company Merck has opened its new production plant for Organic Light-Emitting Diode (OLED) materials, which are used in displays and lighting systems, in Darmstadt, with a total investment of around Euro 30 million. By 2018, the company aims to be one of the leading suppliers of OLED materials and deliver from a single source all the chemical materials necessary for OLED displays.
Alara Resources to set up copper-gold project in Oman
tradearabia.com 08 Sept, 2016
Alara Resources, an Australian-based minerals exploration and development company, has moved closer to the construction of site infrastructure at the Al Hadeetha copper-gold project in Oman. Construction of a 1 MTPA copper concentrator and other site infrastructure is planned to commence during the first quarter of 2017. The company, owns 70 per cent of the project, has also identified project financing options in excess of the forecast capex, having already invested $9 million with its joint venture partner.
Motherson Sumi acquires Hungarian auto parts maker Abraham es Tarsa
business-standard.com 08 Sept, 2016
Motherson Sumi Systems (MSSL) has acquired the automotive business unit of Abraham es Tarsa Kft (Abraham and Co), the Hungarian auto component manufacturer, for Euro 10.4 million. With this transaction, which is expected to be completed in October 2016, MSSL through its wholly-owned subsidiary, MSSL Manufacturing Hungary Kft, will acquire the land, building and machinery of Abraham es Tarsa Kft. This acquisition will increase the in-house capability of SMR Hungary, and therefore will support SMR’s position as technology and market leader for automotive mirrors in Hungary and Europe.
Dana to Build New Gear Manufacturing Facility in Europe
prnewswire.com 08 Sept, 2016
Dana Incorporated plans to construct a state-of-the-art gear manufacturing facility in Hungary, Europe. The 140,000 square-foot facility will provide customers in the region with access to Dana’s advanced design, engineering, and manufacturing expertise to support their sourcing initiatives and technology strategies. With construction slated to begin in the first quarter of 2017, the company plans to invest approximately $51 million in the new facility and expects to employ approximately 200 associates by 2020.
H&S Bakery to expand Baltimore facility
bakingbusiness.com 08 Sept, 2016
H&S Bakery has started the construction on a $15 million project that will expand the company’s west building in the Fell’s Point community of Baltimore by 25,000 square feet. The expansion will bring the total square footage of the packaging/shipping building up to 62,000 square feet. The project, which shall be completed by the end of the year, will feature new equipment and upgrades.
BayWa teams with Geenex on 350MW of PV power plant projects in US
pv-tech.org 08 Sept, 2016
BayWa r.e has partnered with US PV project developer, Geenex Solar to build 350 MW of PV power plant projects across North Carolina and Virginia. BayWa r.e. will provide turn-key engineering, procurement, construction, financing and O&M services. The first project will be a 5MW project located in Northampton, North Carolina. The Hemlock project has started construction and is scheduled to be completed by the end of 2016. Construction on a number of the projects are expected to start in the coming months with energy deliveries from the portfolio expected in 2017 and 2018 and range in size from 20 MW to 100 MW and are in various stages of development.
Paraguay Announces New Hydroelectric Power Plant Project
mondaq.com 08 Sept, 2016
Administración Nacional de Electricidad (ANDE), announced its project for construction, operation and maintenance of a 14 MW hydroelectric power plant to be located on the Ypané river, in Concepción. It will require an investment of some USD 45 million, and the floodable area will be a maximum of 13 square kilometers. The awardee will handle evaluation of current project feasibility, as well as construction, maintenance and management of the dam. A public tender will be called and the awardee will have the right to operate the plant for 30 years.
UAE’s F Federal Electricity and Water Authority to build 200-megawatt solar power plant
zawya.com 08 Sept, 2016
The Federal Electricity and Water Authority (FEWA) will build a solar power plant with capacity to produce 200 MW of energy and upgrade power grids by 2025 to meet the increasing demand. The authority spent AED2.7 billion to develop water and electricity services in its areas in the past three years. Twenty-three power plants are built, 34 existing plants are upgraded, 375 kilometres of water supply systems are installed, and water tanks with storage capacity of 73 million gallons are built between 2014 and 2016. The federal authority is developing a strategic plan to upgrade its supply systems and power grids by 2025.
Starwood Hotels & Resorts launches Aloft Riyadh in Saudi Arabia
hospitalitybizindia.com 08 Sept, 2016
Starwood Hotels & Resorts Worldwide, Inc. announced the entry of its innovative Aloft brand to the Saudi Arabian market with the opening of Aloft Riyadh. Owned and developed by FAS Hotels, division of Fawaz Al Hokair Group, Aloft Riyadh features 281 modern, loft-inspired guest rooms with the brand’s signature offerings, such as an ultra-comfortable plush signature bed and custom amenities.
French auto parts maker Plastivaloire to launch plant in Mexico
prw.com 08 Sept, 2016
Plastivaloire, an interior automotive parts supplier is set to start up production at its latest manufacturing plant in San Luis Potosí in central Mexico before the end of this year. The company intends to ramp up the output at the facility, accelerating production to full capacity through 2017.
Storage Express Doubles Size of Indianapolis Self-Storage Facility
insideselfstorage.com 07 Sept, 2016
Storage Express has completed an expansion of its facility at 4822 Mann Road in Indianapolis. The site now offers 62,000 square feet of storage space, which is double its original capacity. The company has seven facilities in metro Indianapolis. It opened a new property on Hanna Avenue last month. Another location, on Madison Avenue, is slated to open this fall.
Japan’s Daikin to build US$29.3m air conditioning equipment plant in M’sia
thestar.com.my 07 Sept, 2016
Daikin Industries of Japan will build a commercial air conditioning equipment plant on the outskirts of Kuala Lumpur in Malaysia. The plant will be constructed with an initial investment projected to top US$29.3 mln and shall produce large air conditioning units beginning in 2018 for installation in airports and other commercial facilities.
Hua Nan Bank given green light to set up branch in Manila
focustaiwan.tw 07 Sept, 2016
Hua Nan Bank has received approval from the Cental Bank of the Philippines to set up its 14th branch at Manila. The bank currently has 13 branches overseas.
Vietnam to invest $1 billion in setting up software park
timesofindia.indiatimes.com 07 Sept, 2016
The Vietnamese capital city of Hanoi is considering the construction of a software park with a total investment of over $1 billion on 70.8 hectares of land. Hanoi authorities have allowed a local firm named Becamex ITC to access the department’s relevant documents so that it can propose a plan on developing the software park before 30th September, 2016
Brazil’s Pernambuco to start solar thermal power project in 2017
renewables.seenews.com 07 Sep, 2016
Kraftanlagen Munchen GmbH will supply the technology for a new pilot project to build a solar thermal power plant at Pernambuco state, Brazil next year. The development of the project will be carried out by a partnership between the Germany-based Julich Solar Institute, Brazilian federal utility Chesf and the Federal University of Ceara (UFC). The developers are trying to get approximately BRL 45 million in funds through a public call with the national power sector regulator Aneel. If things go as planned, construction works will begin next year and take around three and a half years to be completed.
Ghana Gas gets nod to construct new gas pipeline
citifmonline.com 07 Sept, 2016
The Ghana Gas Company has been given nod to build a separate pipeline from the Atuabo Gas Plant in the western region to Tema in Greater Accra region. The new line is estimated to cost between 250 million dollars and 500 million dollars. The company is mandated to build, own and operate infrastructure required for the gathering, processing, transporting and marketing of natural gas resources in the country.
Medical Center fully supports plans for new hospital
todaysxm.com 07 Sept, 2016
The St. Maarten Medical Center (SMMC) has been involved in the new hospital project from the beginning, including the development of the terms of reference and the evaluation of the different proposals received from the open tender process. The Tripartite, a collaboration between the Ministry of Public Health, Social and Health insurance agency SZV and SMMC are working together to make it possible to develop hospital care, including building a new hospital. This partnership is a new approach which benefits citizens and surrounding Islands.
GE plans to invest $1.4B to acquire additive manufacturing companies Arcam and SLM
3ders.org 06 Sept, 2016
GE plans to acquire two suppliers of additive manufacturing equipment, Arcam AB and SLM Solutions Group AG for $1.4 billion. Arcam and SLM will bolster GE’s existing material science and additive manufacturing capabilities. GE expects to grow the new additive business to $1 billion by 2020 at attractive returns and also expects $3-5 billion of product cost-out across the company over the next ten years.
First Nation band to invest $350 million in Suncor’s oilsands storage facility
business.financialpost.com 06 Sept, 2016
Suncor Energy is bringing in a northern Alberta aboriginal band as partner in a $1-billion storage facility being built to serve its Fort Hills oilsands project. The Fort McKay First Nation will pay about $350 million when its new tank farm becomes operational next spring in return for a 34 per cent interest. Suncor is to own and operate the tank farm on behalf of the Fort Hills partnership, which includes Suncor, Total E&P Canada and Teck Resources. The $13.5-billion Fort Hills project is scheduled to produce first oil in late 2017 and achieve 90 per cent of its planned production capacity of 180,000 barrels per day within 12 months. The tank farm will consist of bitumen storage, blending and cooling facilities and connections to third-party pipelines.
Universal Mining invests K70bn in iron ore plant
postzambia.com 05 Sept, 2016
Universal Mining and Chemical Industries is investing K70 billion into mining iron ore west of Kafue. A lot of steel being imported into Zambia is produced at Kafue Steel Plant and the mine will help reduce importation of steel into Zambia.
Sh5.6b Malindi airport expansion to begin next financial year
nation.co.ke 06 Sept, 2016
The expansion of the Malindi airport is expected to begin in the next financial year at a cost of Sh5.6 billion. The government will expand the airport to enable it handle direct international flights in a bid to revive tourism in Kilifi County. The extension of the runway, which is expected to accommodate bigger aircrafts such as Boeing 737-600 series with a capacity of 150 passengers, is estimated to cost Sh2 billion upon completion
Toro Energy gets green light for Wiluna uranium project extension in WA’s Mid West
perthnow.com.au 06 Sept, 2016
TORO Energy’s plans to extend its uranium mining project in WA’s Mid West have been recommended for approval by the Environmental Protection Authority. The plan is to mine two additional deposits at its Wiluna project, Millipede and Lake Maitland, which are 30km south and 105km southeast of Wiluna town respectively. This will also include accompanying infrastructure and a haul road. Open-pit mining will be used to extract the uranium ore and processed at a facility, which is a part of the approved project.
Central Puerto to invest USD 180m in Argentine wind project
renewables.seenews.com 06 Sept, 2016
Central Puerto SA is to invest more than USD 180 million to install a wind farm in Patagones. The facility, with a capacity of between 80 MW and 140 MW, will be made up of 38 turbines. The wind farm will be connected to the national grid, using a line that links Pedro Luro in Villarino partido to the system.
£70m investment in new Staffordshire manufacturing facility
itv.com 06 Sept, 2016
Gestamp, an international group dedicated to the design, development and manufacture of metal automotive components is investing £70 million into building a new manufacturing facility at a site in Staffordshire. The new plant expects to host state-of-the-art stamping equipment in its 50,000 square metres site.
Chinese firm intent to invest US$100mn in Indonesian textile industry
yarnsandfibers.com 06 Sept, 2016
The Chinese investor Jiangsu Dongqun Investment Holding Group Co., has expressed its intent to invest US$100 million in the development of Indonesian Textile Industry and Textile Products (TPT). Some of the investment options offered for the company are, Kendal Industrial Park, Central Java, boasting its vast area and skilled workforce.
Cambrex Invests in Expansion at Swedish Facility
pharmtech.com 06 Sept, 2016
Cambrex Corporation, manufacturer of small molecule innovator and generic APIs, announced a SEK 72 million investment to expand manufacturing capacity at its Karlskoga facility in Sweden. The investment includes the installation of new multi-purpose reactors and a control room upgrade. The new facilities will undergo validation and cGMP qualification ahead of the operational start up in Q4 2016.
Snack Maker Investing $15M In Second Indiana Facility
businessfacilities.com 06 Sept, 2016
Pretzels Inc., a pretzel and snack private label producer, will expand its Plymouth, Indiana operations. The company will invest approximately $15 million to purchase and equip a 45,000-square-foot facility. The new plant will be responsible for the production of peanut butter and bulk pretzel products. Operations are expected to start at the beginning of 2017.
First National Bank to Expand Branch in Jonesboro
arkansasbusiness.com 06 Sept, 2016
First National Bank (FNB) of Paragould has started the construction on an expansion to its existing branch at 3500 E. Johnson Ave. in Jonesboro. The project is expected to be completed in the first quarter of 2018. The five-story, 60,000-SF First National Financial Park will be the lead office for FNB’s Craighead County operation. Plans include a community room on the first level and an outdoor terrace; walking paths around a water feature; a large customer parking area; and underground parking for about 50 vehicles.
VRA to construct wind power plant
myjoyonline.com 06 Sept, 2016
The Volta River Authority (VRA) is to construct a 150 MW wind power plant to supplement power generation in the country. The project is a component under the VRA’s Renewable Development Programme and will be completed in two phases. The first phase, which will generate 75 MW would be located in Anloga, Anyanui and Srogbe communities in the Keta Municipality in the Volta Region, while the remaining 75 MW will be located at Wokumaglje and Goi communities in the Ada West District in the Greater Accra Region.
Iberdrola commissions Teles Pires hydroelectric power plant in Brazil
power-technology.com 06 Sept, 2016
Iberdrola has commissioned the 1,820 MW, Teles Pires hydroelectric power plant in Brazil. This project comprises five turbines, each with a capacity of 364 MW. The plant has been developed by a consortium comprising Brazil-based Neoenergia (with a 50.1% stake), Furnas (24.5%), Eletrosul (24.5%) and Odebrecht (0.9%). The project has been completed in 40 months.
Ganchong water treatment plant in Pekan to be ready in March 2017
thesundaily.my 06 Sept, 2016
The Ganchong Water Treatment Plant (WTP) in Pekan will be up and running by March next year. The plant is currently 85% completed and once its ready it will be able to deliver some 80 MLD of clean treated water for industrial, commercial and domestic use in Peramu, Pahang Tua and Kuala Pahang. It is expected to sufficiently cater to the needs of industries and consumers in the region for the next 10 years until 2025.
Inventure expands potato chip plant
foodbusinessnews.net 06 Sept, 2016
Inventure Foods, Inc. has expanded its kettle-cooked potato chip manufacturing capabilities with the addition of four 300-lb kettles and potato processing equipment at its manufacturing plant in Bluffton, Indiana. The $6 million investment enables Inventure Foods to meet the growing demand for its line of Boulder Canyon Authentic Foods potato chips by providing a 50% increase to the company’s current kettle-cooked capacity, or an additional 100,000 lbs of finished product per week.
Ecocem to invest €30m in joint venture with world’s largest steel company
independent.ie 05 Sept, 2016
Ecocem has invested €30m into a new production facility in the north of France as part of joint venture with the ArcelorMittal, a steel company. The investment is split 30pc to 70pc in favour of Ecocem and will increase the firm’s capacity from 1.4 million tonnes of high performance, low carbon cement to around 2.4 million tonnes. The main target markets for the plant will be the north of France and the UK.
Bahamas Government to Invest Almost $200 Million in Hospitals Expansion/Upgrades
thebahamasweekly.com 05 Sept, 2016
The Government of The Bahamas is to invest almost $200 million dollars in the infrastructural expansion and improvement of the country’s hospitals beginning later this month. The expansion process is expected to take place over a two-year period and will include an $18 million investment in an Electronic Medical Records System-considered the ‘most modern health information system’ available in the Developed World; a $17 million investment in upgrades and expansions to the Maternity Ward at the Princess Margaret Hospital that will almost triple the space currently in use by Maternity Ward and Obstetrics and Gynaecology.
China plans to invest $51 bln in railways construction by end of 2016
russianconstruction.com 05 Sept, 2016
China Railway Corporation intends to invest $51, 71 bln in the railways construction. In the first half of the year, $39,62 bln have been invested in the railways construction. The tasks set for the first half of the year in general have been fulfilled. Within the framework of a five-year plan implementation (2016 – 2020), the Government of China intends to invest $577 bln in the development of national railways. The length of Chinese railways by the year 2020 is expected to be 150,000 kilometers, compared to the current 120,000.
Atalaya enters into $14m facility with Transamine
miningweekly.com 05 Sept, 2016
Atalaya Mining has concluded a $14-million copper concentrate prepayment agreement with commodity trading company Transamine Trading for a mine in Spain. Transamine will receive a guaranteed supply of 60, 000 dry metric tons of copper concentrate which it will pay for at market rates. Atalaya declared commercial operation at its Proyecto Riotinto project, in Andalucía, Spain on 1st February, 2016, with the Phase 1 operation producing five-million tonnes a year of copper. The expansion will see production rise to 9.5-million tonnes a year, with the project expected to reach nameplate capacity in January 2017.
SMC unit seeks to build transmission facilities
bworldonline.com 05 Sept, 2016
SMC Consolidated Power Corp. (SCPC) is asking provisional authority from the Energy Regulatory Commission (ERC) to build its own transmission facilities that will connect its power plant in Limay, Bataan to the Luzon grid. SCPC, a subsidiary of San Miguel Corp., placed the cost of the dedicated point-to-point limited transmission facilities at around P114 million. More than half of the amount will go the engineering, procurement and construction of an interconnection facility to the switchyard and substation of the National Grid Corporation of the Philippines (NGCP). SCPC has a pending application with the ERC for the approval of power supply contracts with Ilocos Sur Electric Cooperative, Tarlac I Electric Cooperative and Tarlac II Electric Cooperative.
Garnavillo manufacturer to expand, add 10 jobs
thonline.com 05 Sept, 2016
Guttenberg Industries plans to construct a $500,000, 12,000-square-foot addition to its manufacturing facility to add room for additional equipment and storage. It will add 10 full-time manufacturing positions as part of the expansion. Construction is expected to begin this month, with an aim to have it completed by mid-November.
Peter England enters Sri Lankan market
thehindubusinessline.com 05 Sept, 2016
Aditya Birla Fashion and Retail’s clothing brand Peter England on 5th September, 2016 forayed into Sri Lankan market with an exclusive outlet in Colombo. The company has opened the outlet in partnership Sri Lanka’s Softlogic Holdings. Peter England is available in over 650 exclusive stores and 2,000 multi-brand outlets across more than 350 towns in India.
AoT to expand Chiang Rai airport
ttrweekly.com 05 Sept, 2016
Airports of Thailand’s Board of Directors have recently agreed to invest in a major upgrade of Mae Fah Luang Chiang Rai Airport. The upgrade will be divided into three phases at an estimated cost of THB6.2 billion. Phases one (2016 to 2021) will cost THB3.7 billion to expand the aircraft parking area towards the south side and improve access roads. The extra parking bays will raise capacity to 3 million passengers per year, 16 aircraft movement per hour, 10 aircraft parking bays and 1,200 car parking spaces. Phase two (2021 to 2025) will cost THB600 million and will continue the expansion at the south side of terminal with more aircraft parking bays and ground handling facilities. It will raise capacity to 3.3 million passengers per year and increase aircraft parking bays to 12. The most important improvement will be a partial taxiway in phase three (2026 to 2030) that will cost THB1.9 billion to construct.
AUMUND builds new 100 000 t silo
worldcement.com 05 Sept, 2016
Under the technical leadership of AUMUND Fördertechnik GmbH, the Cypriot cement producer, Vassiliko Cement Works, is constructing an additional clinker silo with a capacity of around 100 000 t over the next 18 months. The earthworks and concreting for the silo foundations will be carried out by local companies. Site work is due to begin this month (September 2016) and the commissioning of the complete clinker transportation and storage system is planned for the end of 2017.
Braas Monier signs agreement to acquire concrete tile plant in Romania
uk.finance.yahoo.com 05 Sept, 2016
Braas Monier on 5th September, 2016 signed an agreement to acquire a concrete tile plant in Craiova, Romania, whose products will be sold under the brand name of Getica (Getica) in the future. Management expects to generate from this transaction in 2019 revenues of approximately RON 22 million and an Operating EBITDA of approximately RON 7.5 million, leading to a strong cash flow profile. The total investment for the acquisition of the assets amounts to approximately RON 33 million, equivalent to approximately EUR 8 million, including the purchase price, cost related to the acquisition including its integration, the financing of additional working capital needs and additional capital expenditure (discounted). The acquisition is expected to close at the beginning of the fourth quarter 2016.
SMC unit set to raise $400m for coal plant
thestandard.com.ph 04 Sept, 2016
SMC Global Power Holdings Inc., the power unit of conglomerate San Miguel Corp., is finalizing a $400-million syndicate loan to finance the construction of a 300-MW coal-fired power plant in Malita, Davao del Sur. The amount will be used to partially finance the $600-million power plant in Davao. The first 150-MW unit of the two-unit coal-fired power plant in Malita will be operated by July, while the second unit could be running by year end. Another 300-MW coal-fired power plant is in the pipeline for Davao.
Caparo to jointly build $340-mn commercial complex in US
business-standard.com 04 Sept, 2016
Caparo Group plans to build an integrated commercial complex-comprising a hotel, offices, retail outlets and a food court under a USD 340 million redevelopment project in St Louis. Bull Moose, a US-based maker of metal tubes and part of the Lord Paul-led British business conglomerate, will have a significant ownership stake in the project.
GBPC unit links 150-MW expansion to grid
bworldonline.com 02 Sept, 2016
GLOBAL Business Power Corp.’s (GBPC) subsidiary on Panay island has linked its 150-MW expansion project to the Visayas grid in time for the power plant’s target commercial operation in the third quarter. Panay Energy Development Corp.’s (PEDC) third plant had completed its synchronization with system operator National Grid Corporation of the Philippines (NGCP) on 19th August, 2016. The new plant is connected to the substation in Santa Barbara, Iloilo. The PEDC had contracted to provide power to the Manila Electric Co.,Iloilo Electric Cooperatives I, II, and III, and the Antique Electric Cooperative and Guimaras Electric Cooperative of the Panay-Guimaras power supply consortium.
WAMMCO unveils $11.6m export complex
farmweekly.com.au 02 Sept, 2016
Hillcroft Farms, Popanyinning, has officially opened the Katanning abattoir’s new $11.6 million chiller and freezer complex. The new building includes a Variable Retention Tunnel (VRT), a technology widely used in the dairy industry and adapted to offshore meat processing plants which both freezes and chills boxed meats using one streamlined process.
Sindh Govt Plans To Construct Malir Expressway As Route
brecorder.com 02 Sept, 2016
Sindh government has planned to construct Malir Expressway, starting from Karachi Port to Super highway, and it will serve as southern alternate route to carry dedicated traffic of the port and Industrial areas to the main highways. The Asian Development Bank (ADB) has agreed to finance the project. The ADB is also providing $193 million to support Sindh government to enhance Public Private Partnership (PPP). The project envisages strengthening the Sindh government capacity to select and develop PPP projects, effectively manage PPP project related fiscal risk and strengthen PPP project management capacity of line departments.
Wolverine to expand manufacturing facility
internationalleathermaker.com 02 Sept, 2016
Wolverine Worldwide, based in Rockford, Michigan will relocate its local shipping and receiving operations to another facility in the region by the beginning 2017. The company will expand its Big Rapids facility by 16,000 sq. ft. in order to house its local shipping and receiving operations, currently located in Rockford. The expansion works are to be completed during the first quarter of 2017 and the cost has been estimated at US$1 million.
Infosys sets up JV in Saudi Arabia to tap local IT business
business-standard.com 02 Sept, 2016
Infosys sets up a joint venture with the Saudi Prerogative Company (SPC) in Saudi Arabia to tap local customers in the Islamic Kingdom, which is using technology to transform itself from being a oil dependent company. Infosys is investing $321,671 for a 70 per cent stake in the JV. The deal is subject to approval from the Saudi Arabian General Investment Authority.
DP World signs MoU to invest in Russia
khaleejtimes.com 02 Sept, 2016
DP World and the Summa Group have signed an MoU to explore investment opportunities in ports, special economic zones and inland logistics facilities in Russia. The partnership will also focus on the development and implementation of cutting-edge freight delivery and port processing technologies. The development and promotion of the Asia-Pacific Economic Cooperation (Apec) and Russian Far East transportation corridors, including free ports Vladivostok and Zarubino, also form part of the agreement. Both partners will leverage their international experience and exchange best practice in port management, including the efficient operation of free ports.
Routematch Software To Expand R&D Operation In Waterford
businessworld.ie 02 Sept, 2016
Routematch Software is to expand its R&D team in Waterford, Ireland. The company is building an initial team of 25 software developers in Ireland by mid-2017 with recruitment currently underway. The project is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
SPGPrints to expand its manufacturing capacity in Austria
yarnsandfibers.com 02 Sept, 2016
SPGPrints, provider of system and application know-how in textile and graphics industry in order to meet strong demand for the JAVELIN Digital Textile Printer is planning to increase its manufacturing capacity at its Kufstein (Austria) facilities. The company is also in the process of developing the JAVELIN platform for other applications requiring high print quality, variable run lengths, and colour and substrate versatility.
Saudi Aramco, Japan Expand Okinawa Crude Oil Storage Deal
livetradingnews.com 02 Sept, 2016
Saudi Aramco and the Japanese government are set to agree on a roughly 2-M bbl expansion of Crude Oil storage capacity in Okinawa. Under an agreement with Tokyo, Saudi Aramco and Abu Dhabi National Oil Co (ADNOC) each store up to 6.3-M bbl of Crude Oil in Okinawa. Saudi’s top sovereign wealth fund Public Investment Fund (PIF) and state-owned Japan Bank for International Cooperation (JBIC) and state-backed Innovation Network Corporation of Japan (INCJ) will also consider jointly investing in, and jointly financing, projects.
Portuguese firm to build Rwanda’s new airport
newsghana.com.gh 02 Sept, 2016
The construction is expected to kick off in June 2017, according to the agreement signed between Rwanda’s Aviation Travel and Logistics Holdings (ATL) and Manuel Mota. The contractor is expected to complete construction in December 2018, has also been given 25 year operation license upon completion. The firm will invest 418 million U.S. dollars, with the airport expected to have capacity of about 1.7 million passengers annually after the first phase. The overall capacity will be expanded to 4.5 million passengers annually after the initial phase with additional funding of 400 U.S. dollars.
Nakheel to build new mall at Dubai’s Nad Al Sheba
tradearabia.com 01 Sept, 2016
Nakheel is planning to build a regional mall at Nad Al Sheba. Spanning 2.5 million sq. ft., with extensive landscaping and parks, the Nad Al Sheba community includes 1,500 four-and five-bedroom homes for lease as well as a clubhouse, community swimming pool and sports courts. The company has appointed global design consultants AE7 to oversee the design, engineering and construction supervision of Nad Al Sheba Mall, which will have 500,000 sq ft of retail space. A construction tender is expected to be released in Q4 2016.
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P2.8M for liquid nitrogen plant, processing hub approved
sunstar.com.ph 01 Sept, 2016
The Provincial Government of Negros Occidental allocated almost P2.8 million for the establishment of the liquid nitrogen plant and semen processing center at the Negros First Ranch in Barangay Sta. Rosa, Murcia town. The Provincial Board approved during its regular session on 31st August, 2016.
Burger King to build restaurant in Aliquippa
timesonline.com 01 Sept, 2016
A Burger King restaurant is coming near the intersection of Brodhead Road and McLean Street. Construction is slated to start in March, with an anticipated opening set for August 2017.
Dana breaks ground on new automotive plant at Jeep Parkway
nbc24.com 01 Sept, 2016
Dana has broken ground on a 70 plus million dollar, 100,000 square foot factory at Jeep Parkway on 1st September, 2016. The plant will build automotive axles for the next generation Jeep Wrangler.
Linde opens R&D facility in Taiwan on South East Asia solar manufacturing growth
pv-tech.org 01 Sept, 2016
Linde has established a new R&D facility at Taichung, Taiwan. The facility operated by Linde Electronics, has been officially opened on 1st September, 2016 and is designed to provide advanced analytical processes and quality control systems for a wide range of materials required in the electronics and PV sectors.
Coca-Cola announces plans to invest €26m in Co Mayo facility
irishtimes.com 01 Sept, 2016
Coca-Cola is investing €26 million at its Ballina facility in Co Mayo, Ireland creating 25 jobs over the next three years. The facility, Ballina Beverages, will make the Coca-Cola Freestyle machines, a touch-screen soda fountain that has more than 165 drinks options, including low and no-calorie drinks, sports drinks and fruit-flavoured beverages.
F.W. Webb breaks ground on 1 million-sq.-ft. central distribution facility
supplyht.com 01 Sept, 2016
F.W. Webb Co., has recently held a groundbreaking ceremony at the site of its planned 1 million-sq.-ft. central distribution facility in Londonderry. The project shall be completed by the end of 2017. The company plans to retain and transfer all employees at the Amherst CD to the new facility.
Williams Partners seeks approval to expand Transco pipeline
reuters.com 01 Sept, 2016
Williams Partners LP has filed for an approval from the U.S. Federal Energy Regulatory Commission to expand its Transco pipeline in Texas and Louisiana. The Gulf Connector, a 475,000 dekatherm per day expansion of the Transco pipeline, will supply to two liquefied natural gas terminals in Texas. One of the terminals is on the coast of Freeport Bay and another on the northern coast of Corpus Christi Bay. Construction of the Freeport Bay terminal is expected to be completed by the third quarter of 2018 and the Corpus Christi Bay terminal is expected to be ready by the first quarter of 2019.
Meat company to expand plant in Harrisonburg
richmond.com 01 Sept, 2016
T&E Meats will expand its meat processing plant in Harrisonburg, Virginia creating seven new jobs and investing more than $600,000 as part of its expansion. Virginia is partnering with Harrisonburg and T&E Meats on this project through the Governor’s Agriculture and Forestry Industries Development Fund. McAuliffe approved a $50,000 grant from the AFID Fund, which Harrisonburg will match with local funds.
China to build 40 manufacturing innovation centres by 2025
auto.economictimes.indiatimes.com 31 Aug, 2016
China will set up around 40 national manufacturing innovation centres by 2025. The centres will be devoted to information technology, intelligent manufacturing, new materials and biomedicine. Around 15 centres will be established by 2020.
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CARE to open credit rating agency in Nepal
thehindubusinessline.com 31 Aug, 2016
CARE Ratings on 31st August, 2016 signed an MoU with Vishal Group and Emerging Nepal to start a credit rating agency in Nepal to be called CARE Ratings (Nepal). Vishal Group is a public limited company engaged in financial services, while Emerging Nepal is a public limited company engaged in venture capital activities. CARE Ratings will hold 51 per cent of the equity of Nepali Rupees (NR) 2 crore, while Vishal Group will own 19 per cent and Emerging Nepal 10 per cent. The balance 20 per cent will be held by banks, insurance companies, financial institutions and corporate bodies in Nepal subject to a maximum of 9 per cent per legal entity
APM Terminals to invest $70m in new berth at Port Elizabeth container terminal
splash247.com 31 Aug, 2016
APM Terminals (APMT) is investing $70m in a new berth at its Port Elizabeth facility in New Jersey. The new berth will allow the port to handle the bigger container vessels transiting the expanded Panama Canal and will increase its capacity from 1.5m teus per year to 2.3m. As projected the tender will go out in autumn this year and the project shall be completed by late 2017.
Cargill expands canola research facility
world-grain.com 31 Aug, 2016
Cargill is planning a $3.5 million expansion at its canola research facility in Aberdeen, Saskatchewan. The facility improvements included a 14,000-square-foot expansion, expanded pathology lab, new quality assurance lab, ventilated seed prep room and high efficiency LED lighting throughout the facility, with UV repelling windows. The extended facility is expected to be operational in the third quarter of 2017.
FedEx plans $189M distribution center in Murfreesboro
commercialappeal.com 31 Aug, 2016
FedEx will build a 1-million-square-foot distribution facility in Murfreesboro. The company will construct a ground facility on South Rutherford Boulevard between South Church and Broad streets in Murfreesboro. Code named Project Nash, $189.5 million investment will create an estimated 41 full-time jobs with an average wage of $53,500 and 160 full-time equivalent, part-time jobs at $24,000 annually.
Amazon expands again in Illinois, to open facility in Monee
dailyherald.com 31 Aug, 2016
Amazon.com Inc. is opening a new 850,000-square-foot facility in Monee, a village in Will County, Illinois where workers will pack and ship customer orders. The company is also planning to open facilities in Joliet, Edwardsville and Romeoville and hire thousands of workers.
2 Sisters Food Group Invests £45 Million In Upgrade To Processing Plant
esmmagazine.com 31 Aug, 2016
2 Sisters Food Group will invest £45 million in an upgrade to its poultry processing plant in Scunthorpe. New technology will include the introduction of robotic cells, which will make the process fully automated, increasing the number of birds processed to 2.4 million weekly.
Quapaw Tribe breaks ground on meat processing plant
tulsaworld.com 31 Aug, 2016
The Quapaw Tribe has broke ground on 31st August, 2016 on a $1 million state-of-the art meat processing plant in Quapaw. The 25,000 sq. ft building is expected to be completed by the spring of 2017. Phase 2 will include the project’s equipment, which is estimated to cost around $6 million. The tribe received an $800,000 HUD grant for phase 1, with the rest of the project paid with the tribe’s general fund.
Japan-Turkey consortium building big plant in Turkmenistan
en.trend.az 31 Aug, 2016
Consortium of Japan’s Kawasaki and Turkey’s Ronesans is constructing a gas processing plant in Turkmenistan’s Ovadan to produce high-quality gasoline from natural gas. The project’s customer is the country’s Turkmengas State Concern. At the current phase, pipes are being laid for the gas processing plant at the 304-th kilometer of the main internal East-West pipeline. Total cost of the project is $1.7 billion and the project is being implemented through the investments of the Japanese side and the funds from Turkmengas State Concern.
Tyson breaks ground on new poultry plant
foodbusinessnews.net 31 Aug, 2016
Tyson Foods, Inc. has broken ground on a $136 million, 200,000-square-foot poultry processing plant adjacent to an older facility in Green Forest, Ark. A groundbreaking ceremony has been held at the building site on 24th August, 2016. Plans are for the project to be completed by late 2017. While the current operation produces partially cooked chicken for food service and retail customers, the new facility will include additional production lines and equipment to increase capacity and efficiency by eliminating the need to ship products to other locations for further processing.
Niles-based Toefco opens new facility
southbendtribune.com 30 Aug, 2016
Toefco Engineered Coating Systems has opened a 20,000-square-foot coating facility on Industrial Drive at Niles, Michigan. The facility, which can handle high-temperature paint jobs, includes a heavy-duty system that is capable of handling parts up to 750 pounds and 10-feet long and it also includes a powder booth that gives customers the option to use high-temperature paint or powder processes, along with two spray booths.
AST to open new Wrexham facility in September
prw.com 30 Aug, 2016
AST, a plastic jerrycan producer will open a new facility in Wrexham as part of a £6m investment from the firm in 2016. The new 4,500 sq. mtrs facility has been constructed alongside the existing AST factory in Wrexham and has been built to house thousands of plastic containers, making it the biggest single warehouse of five to 25 litre plastic containers in UK. The new factory will open on 8th September, 2016.
Samsung SDI to build $358 million car battery plant in Hungary by 2018
uk.investing.com 30 Aug, 2016
Samsung plans to invest about 273.62 million pounds to build a plant to make electric vehicle batteries near Budapest in Hungary. The proposed factory will start production in the second half of 2018 and it will be able to produce batteries used for 50,000 pure Electric Vehicles (EVs) annually.
Japan and Kenya sign Sh27.3bn deal to build Dongo Kundu hub
nation.co.ke 30 Aug, 2016
Kenya has secured Sh27.3 billion from Japan to construct an industrial and commercial hub in Dongo Kundu, Mombasa spread over 1,326 hectares of land. An agreement signed by the Governments of Kenya and Japan on the sidelines of the Tokyo International Convention on Africa Development (TICAD) shows that of the Sh27.3 billion, Sh21.36 billion is a long term soft loan while Sh5.969 billion is a grant. The deal involves the development of infrastructure, including Berth 1 at the Port of Mombasa, access roads, transmission line, water supply pipeline from the mainland and a sub-station, drainage, power supply and a free trade zone in the zone and it will also entail establishment of a free trade zone on between 300 and 500 acres for wholesale and retail trading, breaking bulk, re-packaging logistics, warehousing, handling and storage of goods.
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Luxury hotel planned for W. Main secures loan
dailyprogress.com 30 Aug, 2016
Carr City Centers luxury hotel being developed at 1106 W. Main St, has secured a $25.8 million loan from SunTrust Bank. The 10-story development will consist of a ground floor, three floors of parking and six floors of hotel rooms and it will have 150 guestrooms and suites, a restaurant, fitness center, 3,000 square feet of meeting space and a business center. Donohoe Construction Co. will be the general contractor. Construction is set to begin in the third quarter of 2016, with a scheduled opening in the fourth quarter of 2017.
Akuo, Eurus complete 50-MW wind park in Uruguay
renewables.seenews.com 30 Aug, 2016
Eurus Energy Holdings Corp has completed the 49.5 MW Florida II wind park in southern Uruguay. The plant consists of 15 Vestas V117 wind turbines. It is operated by Glymont SA and is selling its output to Administracion Nacional de Usinas y Transmisiones Electricas (UTE).
Goodyear Thailand to build US$162 million aviation tire factory
channelnewsasia.com 30 Aug, 2016
Goodyear Thailand Pcl has planned to invest US$162 million to build a new radial aviation tire factory to expand production at Phathumthani, north of Bangkok. The first phase of the three-phase expansion is targeted to begin operations by 2018. Ernst & Young Corporate Services is the financial adviser for the project.
Pfizer to invest $146 million in Portage expansion
mibiz.com 30 Aug, 2016
Pfizer Inc. has taken the next step in its proposed $146 million expansion to its manufacturing facility in Southwest Michigan. The company will invest approximately $105.5 million in the Act-O-Vial Work Center, which will house new freeze dryers and other automated equipment and it will invest another $41 million in its 98,000-square-foot North Warehouse project, which it will use to store raw materials.
Corpesca plans to invest USD 55 million to modernize fishmeal plant
fis.com 30 Aug, 2016
Corpesca plans to invest USD 55 million to unite and modernize the two fishmeal and fish oil production plants it has in Arica: the Northern Plant and the Southern Plant. The project will involve the relocation of the existing equipment at both factories, which will be incorporated into the sheds 1 and 3 existing in the Northern Plant. The company will also adapt these sheds to transport equipment. The shed 2 will continue being used to store the finished fishmeal products. The plant modernization project in Arica considers the use of 500,000 TPA of pelagic fish as raw material, and its estimated implementation start date is 2nd January, 2017.
Yellowstone Plastics expands Idaho facility
labelsandlabeling.com 30 Aug, 2016
Yellowstone Plastics, a flexographic packaging producer, has expanded its production facility in Idaho Falls, Idaho. The facility has five wide web flexo CI presses up to a 67in web width and up to 10 colors, with special options available for packaging exceeding a 67in web width. Solvent-based inks are used, as well as fade and weather-resistant inks for outdoor applications. Substrates include monolayer and co-ex polyethylene, polyester, nylon and polypropylene.
State govt inks MoU with China firms on setup of steel plant
theborneopost.com 28 Aug, 2016
The State Government on 27th August, 2016 signed an MoU with Hebei Xinwuan Steel Group and MCC Overseas to conduct preliminary feasibility studies for the development of a USD3 billion integrated steel plant at Samalaju Industrial Park (SIP), Bintulu in Sarawak, Malaysia
Fertiliser Plant To Be Set Up In Kabwe
times.co.zm 28 Aug, 2016
A fertiliser manufacturing plant is set to be constructed in Kabwe, Central Province. The plant will be set up in the industrial area and will create further employment for the local people and revive economic activity in the district.
Toyota opens new Lexus parts distribution center in Atlanta
auto.economictimes.indiatimes.com 28 Aug, 2016
Toyota Motor has officially opened a Distribution Center (PDC) in Lithia Springs, Georgia. Stocking approximately 43,000 Lexus parts, the facility will serve 27 Lexus dealers in the Southeast, primarily in Atlanta, as well as a five state area that includes Georgia, North Carolina, South Carolina, Alabama, and Tennessee.
Iran to Build Tehran-Isfahan Express Railway in 3 Years
tasnimnews.com 28 Aug, 2016
Iran plans to construct an express railway from the capital Tehran to the central city of Isfahan in three years. The Iranian Railway Company shall take steps to construct express railways for short routes to encourage people to use rail transportation.
Iran, Russia ink $1 billion oil rig deal
presstv.ir 28 Aug, 2016
Krasnye Barrikady and the Tasdid Offshore Development Company (TODC) have signed a deal worth $1 billion to build five offshore drilling rigs for oil and gas exploration in the Persian Gulf. The deal signed on 28th August, 2016 envisages the construction of each drilling rig over two years in the port city of Khorramshahr. The project will be jointly financed by Russia and Iran, and put the Islamic Republic among the countries capable of building drilling rigs.
Budget-brand Tin Hotels to debut in Oman and Dubai
hoteliermiddleeast.com 28 Aug, 2016
GHM has inked an agreement with van de Bunt Partners to launch Tin Hotels, a mid-market, lifestyle brand. The company is expected to launch its first hotels in Dubai and Oman and grow within the Middle East region, aiming for 35 properties by 2022.
Construction of Jaguar plant may begin
spector.sme.sk 29 Aug, 2016
Jaguar Land Rover (JLR) plans to invest €1.5 billion into the construction of its new plant in the city of Nitra, with planned capacity of 300,000 vehicles per year. The first cars shall leave production lines in 2018. In the first phase the firm plans to produce some 150,000 vehicles a year.
wasl unveils new project near Port Rashid
constructionweekonline.com 28 Aug, 2016
Real estate developer wasl Asset Management Group has launched its new project ‘Port Views’, located in Bur Dubai near Port Rashid, Dubai. Construction works have already started at the project site following recent awarding of the main contracts to four major contracting companies. Port Views comprises 1,477 residential units of various sizes and areas, in addition to several retail stores and restaurants that offer all of the necessary services for tenants to enjoy a comfortable lifestyle.
Toshiba Corporation to invest in Uganda’s geothermal power
newvision.co.ug 28 Aug, 2016
Toshiba Corporation has signed an MoU with Uganda’s Ministry of Energy and Mineral Development (MEMD) on a comprehensive partnership in geothermal power. The agreement will see the parties collaborate in power generation projects, including personnel development.
Khalifa Port grows wider in major expansion plan
emirates247.com 28 Aug, 2016
Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s ports and Khalifa Industrial Zone, has announced a major expansion plan for Khalifa Port. The expansion will add 1,000 metres of quay wall to the port and deepen its main channel and basin to 18 metres, from the current 16 metres. Also, the new quay wall will add an additional 600,000 sq. mtrs for cargo handling. The project is scheduled for completion in mid-2018.
Orlando Airport South Terminal Complex Project, Florida, United States of America
airport-technology.com 29 Aug, 2016
Orlando International Airport is about to launch a new $1.8bn South Terminal Complex and associated facilities are planned to be constructed as part of the airport’s revised 2016-2023 Capital Improvement Plan. Phase I of the project has been approved by the Greater Orlando Aviation Authority (GOAA) Board in May 2015. It is scheduled to begin in the first quarter of 2017 with the new terminal expected to be commissioned in October 2019. The design contract for the first phase of the project has been awarded to Fentress Architects, an aviation architecture firm based in Denver, US. The company is performing consultation and design work on the project. The construction contract for the airside terminal of the South Terminal C has been awarded to PCL Construction Services. Florida Institute of Technology’s Institute for Cross Cultural Management has been contracted to serve as the international cultural consultant. The project will be funded through a combination of grants, including Aviation Authority funds, general airport revenue bonds, discretionary GOAA funds, passenger facility charges and customer facility charges.
Dr Reddys launches Nitroglycerin sublingual tablets in US
thehindubusinessline.com 29 Aug, 2016
Dr Reddy’s Laboratories has launched Nitroglycerin sublingual tablets, a therapeutic equivalent generic version of Nitrostat (Nitroglycerin) sublingual tablets, in the US market. The Nitrostat (Nitroglycerin) sublingual tablet brand had US sales of approximately $108 Million MAT for the most recent twelve months ending in March 2016.
Prescient Announces Plans for Second Manufacturing Facility
businesswire.com 29 Aug, 2016
Prescient, a fully integrated and patented design, engineering, manufacturing and installation solution for the construction industry, will establish a second manufacturing facility in Alamance County, North Carolina. The company will bring design, manufacturing and other business operations to the North Carolina Commerce Park, a 1,200-acre business property developed collaboratively by Alamance County with the towns of Graham and Mebane.
MercadoLibre To Invest $100 Million in Argentina
nearshoreamericas.com 29 Aug, 2016
MercadoLibre, an online retail firm is investing more than US$100 million in Argentina over the next five years. The majority of the investment will be used for expanding its office complexes in Buenos Aires and providing training for online technology professionals.
Odyssey Logistics & Technology Breaks Ground at New 121,680 Square Foot Intermodal Center in Joliet, Illinois
businesswire.com 29 Aug, 2016
Odyssey Logistics & Technology Corporation (Odyssey) on 29th August, 2016 broken ground on the construction of a new 121,680-square-foot metals transload facility in Joliet, Illinois on 17 acres of land. The facility will be operated by Odyssey’s subsidiary CMI Logistics LLC (CMI). The new facility features ten docks, six drive-through doors, 16 trailer positions, nearly 6,000 square feet of office space, 51 car parking spots, and reinforced slab floors and is expected to be operational by the early second quarter of 2017.
Wee Waa cotton processing plant $41m redevelopment
moreechampion.com.au 27 Aug, 2016
The cotton industry has always been on the cutting edge of innovation, a trend Cotton Seed Distributions is continuing with a $41m redevelopment of its Wee Waa processing plant. The site will get nearly 17,000 square metres of new warehouse space and a new laboratory, after receiving approval from Narrabri Shire Council and the JRPP. Construction will start next January, with the plant to be operational for the 2018 processing season.
MoU on Ionian-Adriatic Pipeline signed with SOCAR
azernews.az 27 Aug, 2016
Croatia, Albania, Bosnia-Herzegovina and Montenegro signed an MoU on the construction of the Ionian Adriatic Pipeline (IAP) with Azerbaijani state oil company SOCAR. The capacity of the IAP will be five billion cubic meters per year and it will be capable of carrying out reverse supply. IAP pipeline with a length of around 516 kilometers will be connected to the Trans Adriatic Pipeline (TAP), which is designed to transport Azerbaijani gas to Europe, in the city of Fier in Albania.
US to invest $2.5bn in high-speed rail expansion
bbc.com 27 Aug, 2016
US plans to lend railway operator Amtrak $2.45bn to expand services and make upgrades that shall include expanding high-speed trains between Washington DC and Boston. The new trains, which Amtrak expects to begin running in 2021, will have initial speeds of up to 160 MPH, but will be capable of speeds up to 186 MPH. The new trains will have one-third more seating, increasing capacity by 40%.
Crane Worldwide Logistics opens new facility at Heathrow airport
stattimes.com 27 Aug, 2016
Crane Worldwide Logistics has invested in a new warehouse adjacent to Heathrow airport. The new facility, measuring 34,000 square feet, will provide increased warehouse space and improved capabilities such as e-commerce support, pick and pack operations, labelling, as well as catering to customers’ bespoke handling requirements.
GE breaks ground on $240M reciprocating engine plant in Welland, Ont.
canadianmanufacturing.com 27 Aug, 2016
GE has broken ground on a new $240 million, 450,000 square-foot reciprocating engine plant in Welland, Ontario. The company plans to commence the work on the new factory over the next year and a half, installing equipment in the third quarter of 2017, before starting to ramp up production facility by early 2018.
Megaworld allots P5 B to build 3 new hotels
philstar.com 26 Aug, 2016
Megaworld is pouring in P5 billion to build three new hotels under its third hotel brand, Savoy Hotel, as part of the company’s strategy to grow its recurring income. Savoy Hotel will open its first 530-room hotel in Megaworld’s Boracay Newcoast by the end of this year. The second 684 rooms hotel is set to open in the 25-hectare Newport City in Pasay City, Manila by next year. The third 18-storeyed, 547 rooms hotel will be opened in Megaworld’s 20-hectare The Mactan Newtown in Lapu-Lapu City, Cebu, scheduled to open in 2018.
Honda plant in South Carolina announces $45M expansion
abcnews4.com 26 Aug, 2016
Honda of South Carolina is investing $45 million in an expansion project in Timmonsville. The 115,000-square-foot expansion and innovation project is designed to meet growing demand for Honda side-by-side vehicles produced exclusively in the South Carolina plant. The plant is the exclusive global producer of Honda Pioneer side-by-sides, including the 500, 700 and 1000 series models.
CEMCO introduces glass processing plant
recyclingtoday.com 26 Aug, 2016
Cemco Inc., a Belen, New Mexico-based manufacturer of VSI crushing equipment, has introduced its Glass Processing Plant, which is capable of processing 3,500-4,000 pounds per hour. The plant is designed for fast, simple maintenance and all key components, including the rotor parts and the sizing screen, are easily accessible.
Thai hotelier Dusit signs deal for new Dubai project
arabianbusiness.com 26 Aug, 2016
Dusit Hotels and Resorts has signed a management agreement with ACES Property Development to operate DusitPrincess ACES Dubai, a new hotel apartment project in Jumeirah Village Circle, Dubai. The new hotel will comprise more than 250 apartments, ranging from studios to three-bedroom penthouses while amenities will include a spa, dining options, gym, sauna and pool with an open-air café.
Automotive manufacturer supplier plans to invest $18.4M in Henderson, create 48 jobs
lanereport.com 26 Aug, 2016
Hensens Aluminum, a newly formed automotive manufacturing company that will extrude aluminum components to the automotive industry, is considering investing $18.4 million in locating a facility in Henderson. The facility will supply customers in the U.S. and Mexico.
Kuraray America to invest $49M in Pasadena plant
yourhoustonnews.com 26 Aug, 2016
Kuraray Co. is planning to expand its existing Pasadena facility at an investment of $49 million. The expansion project will boost the production of Ethylene Vinyl Alcohol copolymer (EVAL) and it will increase the plant’s annual production capacity for EVAL to 58,000 tons, an increase of 11,000 tons. The project is expected to be complete by the summer of 2018. The company will also focus over the next five to 10 years on internal recycling and working with partners that handle wastewater treatment.
Plastipak to invest $10 million at Alabama facility
plasticstoday.com 26 Aug, 2016
Plastipak Packaging Inc. is investing $10.4 million to add two manufacturing lines to its McCalla, Alabama facility, where it makes plastic bottles for the beverage industry. The expansion will add least five jobs to its current staff of 117.
Aldelano to open facility in Jackson, create 68 jobs
jacksonsun.com 26 Aug, 2016
Aldelano Solar Cold Chain Solutions will locate a new research and development and manufacturing facility in Jackson. The company will invest $1.5 million to update an existing space in Madison County. The firm specializes in developing state-of-the-art, solar-powered products including portable cold storage as well as water- and ice-making technology, which produce clean drinking water and ice by pulling the moisture from the air.
Czech company Energo Pro to build hydro plant in Turkey
radio.cz 26 Aug, 2016
Czech power distributor Energo Pro is set to build a 99.5 MW hydro power plant with a dam in the Erzurum province in north eastern Turkey. The overall cost of the project is expected to reach 240 million US dollars. The plant shall be completed and launched into operation in 2019. The project, which will be co-financed by Turkish bank Akbank, will also receive substantial incentives from the Turkish government such as guaranteed sale price of electricity for the next ten years.
Halfway hotel to expand, add 24 rooms
heraldmailmedia.com 25 Aug, 2016
A three-story expansion planned for the Holiday Inn Express in Halfway will add 24 additional guest rooms. The $1.2 million addition will expand the property by 12,234 square feet, including a first-floor vestibule, as well as rooms for storage, mechanical and housekeeping, at the 241 Railway Lane facility. A county building permit has been approved earlier this month. The project is getting ready to begin, with a goal of completion by late May 2017
New cement plant inaugurated
timesca.com 25 Aug, 2016
Jung-Tsai Mohir Cement Co. has inaugurated 1.2 million tons cement plant at Yovon district on 24th August, 2016. 958 million somoni of investments have been channeled for the construction of this plant, 35% of which was the contribution of domestic entrepreneurs and the remaining 65% was foreign investments.
France to open tender for 3,000 MW of solar
energy.economictimes.indiatimes.com 25 Aug, 2016
France will launch a series of tenders for a combined capacity of 3,000 MW of solar plants. The ministry will launch a series of six tenders of 500 MW each, between 2017 and 2020, each spaced six months apart. In April, the government set a target to boost France’s relatively small solar capacity from the current 6,700 MW to 10,200 MW by end 2018 and 18,200 to 20,200 MW by 2023.
New Prestage Foods Processing Facility gets Green Light in Iowa
Thepigsite.com 25 Aug, 2016
The Wright County Board of Supervisors voted unanimously to approve the development agreement enabling Prestage Foods of Iowa to build a $240 million pork processing plant near Eagle Grove. The plant will be a $43 million boost to the payroll in Wright County and will provide economic benefits to surrounding counties as well. The plant is scheduled to be completed in late 2018
RDS Energias Gets Permit for 568-Megawatt Wind Project in Brazil
bloomberg.com 25 Aug, 2016
RDS Energias Renovaveis has received environmental approval for a 568-MW wind project in Santa Catarina, Brazil. The company is in talks to sell an equity stake in the project.
Polycon breaks ground for expansion project
nwitimes.com 25 Aug, 2016
Polycon, which manufactures bottles and containers used by the chemical, food and health care industries, has broken ground for a $15 million expansion at Merrillville, Indiana. The 150,000-square-foot addition will involve installation of new equipment that will drastically increase productions. Operations in the new wing could begin in February 2017.
GCEC breaks ground on Van Alstyne facility
kxii.com 25 Aug, 2016
Grayson Collin Electric Cooperative has broken ground on 25th August, 2016 on a new facility. The new main office will be approximately 30,000 square feet. Crews are also building a warehouse in which to store equipment. The new headquarters will be built west of Van Alstyne, off FM 121, and shall be completed in late 2017.
Mariscope Meerestechnik Increases Production Facility
Hydro-international.com 25 Aug, 2016
Mariscope has moved to a new facility in the town of Gettorf (near to Kiel), Germany. The company is specialised in customised designs, special developments and prototypes. ROVs are manufactured in stainless steel materials, frames are hand welded and the units are known for their robustness. Mariscope’s systems are completely developed and built in Germany, and the new facilities give the company the possibility to keep up with the increasing demand in their products.
Royal Docks makes plans to expand
cantonrep.com 25 Aug, 2016
Royal Docks Brewing Co. has purchased equipment capable of brewing 10,000 barrels per year and is looking for a place to set up the system. The preference is to put the brewery in a new building, although some existing buildings have been considered. The brewery will be somewhere in the Jackson Township or Green area, keeping it close to the Royal Docks brewpub at 7162 Fulton Drive NW in the Marketplace at Nobles Pond. A final decision still is pending.
Doheny Enterprises to build 175,000-square-foot warehouse/office in Pleasant Prairie
biztimes.com 23 Aug, 2016
Doheny Enterprises, Inc., is building a 175,000-square-foot office and distribution center in Pleasant Prairie. Approximately 163,000 square feet of the proposed building to be dedicated to warehouse space and 15,000 square feet will be dedicated to office functions. The Pleasant Prairie Plan Commission approved preliminary site and operational plans for the new building that will be built on 16.67 acres of land. Final site and operational plans are expected to be submitted for review later this year. Construction is expected to begin this fall with completion scheduled during 2017.
Le Méridien Hotels & Resorts unveils Le Méridien Putrajaya, a new-build hotel in Putrajaya
indiainfoline.com 23 Aug, 2016
Le Méridien Hotels & Resorts has unveiled Le Méridien Putrajaya, a new-build hotel in the Putrajaya, Malaysia. The hotel features 353 contemporary guestrooms and suites, boasting expansive city or garden views. The hotel also offers 15 versatile venues for business meetings, conferences or one-of-a kind social gatherings.
Carbon Energy Ltd to license technology for Indonesian power project
proactiveinvestors.com.au 23 Aug, 2016
Carbon Energy has signed a non-binding term sheet with Ascot Energy to develop a 30 MW syngas power project in Indonesia. Under the deal, Carbon will license its Underground Coal Gasification (UCG) keyseam technology and services to develop the project. Upon securing of permits and approvals for the project by Ascot, the legally binding licensing and service agreements will be triggered. It is estimated it will take 18 months to secure permits. The project timeline estimates up to 18 months to secure permits and a further 18 months from then to achieve ignition of the first panel.
Pressleys to expand with flagship store in Brighton
retail-jeweller.com 23 Aug, 2016
Pressleys is to expand its store portfolio with the opening of a new flagship store in Brighton in November. The new 2,500 sq. ft premises will be arranged over four floors and will include three floors of retail space, together with a customer service and repair centre on the top floor and it will also feature a VIP hospitality suite, due to open next year. The interior of the new store will be designed by top retail interior design firm, l’Atelier Five.
Barbeque Nation to open its first overseas outlet in Dubai
thehindubusinessline.com 23 Aug, 2016
Barbeque Nation is set to open its first international restaurant in Dubai within a fortnight. Further, it also plans to open in Colombo, Dhaka and Nepal soon. The company is also in the process of finalizing plans for introducing its sub-brand Barbeque Nation Lite, aimed at addressing the requirements of a huge latent market in the Tier II and III cities.
ITG to set up high-voltage cable factory in KAEC
tradearabia.com 23 Aug, 2016
International Trade Gateway Company (ITG) will set up a high-voltage cable factory in King Abdullah Economic City (KAEC), Saudi Arabia. The company has signed an agreement with KAEC for the purchase of a 9,000-sq-m plot located in Phase One of the Industrial Valley at KAEC. The company manufactures fireproof structural cabling in the 450-750 and 600-7,000 voltage ranges, as well as flex cables, gear and gauging instrument connection cables, and low-voltage cables.
Troy-based Inteva Products to invest $23 million, add 77 jobs at Adrian plant
crainsdetroit.com 23 Aug, 2016
Inteva Products LLC plans to invest $23 million to add capability to its plant in Adrian. The supplier of automotive closure and roof systems has been awarded new business and plans to invest in new equipment and tooling to accommodate the work at the 980,000-square-foot plant. Michigan Strategic Fund board members approved a $1.27 million performance-based grant toward the investment, which is expected to create 77 new jobs with potential to create 127 jobs.
US Army, Hawaiian Electric break ground on bioenergy facility
biomassmagazine.com 23 Aug, 2016
The U.S. Army and Hawaiian Electric Co. broke ground on a 50 MW power plant that will run on a mixture of biofuel and conventional fuels at Schofield Barracks on the island of Oahu. The facility will come up on 8 acres of land and is scheduled to be operational by spring 2018. The facility will be developed, owned and operated by Hawaiian Electric.
Ivanhoé Cambridge to invest 72 M$ to expand and redevelop Mayfair Shopping Centre in Victoria, BC
newswire.ca 23 Aug, 2016
Ivanhoé Cambridge will invest $72 million to expand and redevelop Mayfair Shopping Centre, located in Victoria, British Columbia. The investment will increase the gross leasable area from 454,000 sq. ft. to approx. 554,000 sq. ft. after completion in the fall of 2018.
Starwood Hotels & Resorts to debut its first hotel in Armenia
traveldailynews.asia 22 Aug, 2016
Starwood Hotels & Resorts Worldwide will enter Armenia with the opening of The Alexander, a Luxury Collection Hotel, Yerevan. The new-build property will feature 114 luxurious guest rooms, including 17 opulent suites and a Presidential Suite. In addition, The Alexander hotel will also offer superlative event and meeting spaces including a ballroom, eight meeting rooms and a business center. The unparalleled wellness facilities include an indoor pool, spa and a fitness center. Culinary offerings will include an all-day dining restaurant, a cigar club and a lobby bar. The hotel is scheduled to open in summer 2017.
Fujairah housing project almost complete
tradearabia.com 22 Aug, 2016
The UAE Ministry of Infrastructure Development (MOID) has completed 95 per cent of a housing project for citizens in Al Taween area in the emirate of Fujairah and it will be handed over in October. Finishing work is being done at the site after all structural and electro-mechanical work has been completed. The Ministry has also completed 55 per cent of the cultural centre in Fujairah, which will be completed in March 2017.
Next phase of $2bn power project soon
thepeninsulaqatar.com 22 Aug, 2016
The next phase of Qatar’s mega power transmission and distribution project is expected to start in the current quarter of this year. The estimated $2bn worth project ‘Qatar Power Transmission System Expansion-Phase 13’ is scheduled to be completed by the fourth quarter of 2018. Qatar, as part of its long-term investment plans for revamping and expanding its power sector, has earmarked over $10bn, which includes projects in all stages including those on hold but likely to be activated soon
Albania and Macedonia to construct major power line
famagusta-gazette.com 22 Aug, 2016
Construction works on a 400kV electric power transmission line between Albania and Macedonia will kick off in the first half of 2017. The Albanian government has recently signed a loan agreement with Germany worth 30 million euros to finance the first phase of the high voltage power line. Construction works are expected to last nearly three years, and the line is expected to start operating at the beginning of 2020.
Port Authority investing US$40 million to upgrade Montego Bay Port
jamaicaobserver.com 22 Aug, 2016
The Port Authority of Jamaica will be investing some US$40 million to upgrade the Montego Bay Port to transform the facility into a regional, multi-purpose port which will accommodate more cruise shipping vessels as the demand for home porting rapidly intensifies. The investment is in addition to the current implementation of the fuel terminal on the port by New Fortress at a cost of US$175 million.
Pakistan keen to invest in agricultural, IT and construction sectors
dailynews.lk 22 Aug, 2016
Pakistan is interested in investing in Sri Lanka, specially in agriculture, information technology and construction. Expanding of the existing direct flight service between the two countries has also been discussed.
China Wu Yi to set up Sh10bn building materials plant
businessdailyafrica.com 22 Aug, 2016
China Wu Yi is building a Sh10 billion housing materials plant in Athi River on 30 acres of land. The factory, expected to be complete in June, will manufacture precast materials that will also be sold to other construction firms. The multinational is putting up the plant through its locally incorporated subsidiary China Wu Yi Precast (Kenya) Company. The factory will also include a display area, warehouse and a construction material supermarket which will introduce materials from China, effectively making it a one-stop shop for building materials in the country.
TBL to Invest Sh27 Billion in Agriculture Sector
allafrica.com 22 Aug, 2016
Tanzania Breweries (TBL) Group is planning to invest Sh27 billion in agriculture sector in the current financial year. The money will enable barley, grapes, sorghum and maize farmers through providing them with seeds, extension services as well as facilitating them with access to credit.
Ken’s Foods plans $90M plant, 150 jobs in Lebanon
ibj.com 22 Aug, 2016
Ken’s Foods Inc. plans to invest $90 million to construct and equip a 320,000-square-foot facility in Lebanon Business Park on 40 acres of land. The facility is expected to produce between 150 million and 200 million pounds of dressings, sauces and marinades each year for customers across Indiana, Illinois, Kentucky, Michigan and Ohio. Construction on the facility could start this year.
Appliance maker doubling Midwest facility
grbj.com 22 Aug, 2016
Whirlpool Corporation plans to expand its Factory Distribution Center in Greenville, Ohio from 327,000 square feet to about 650,000 square feet. The project broke ground on 22nd August, 2016 and shall be completed next March.
Niagara Bottling invests $95 million in manufacturing facility
plasticstoday.com 22 Aug, 2016
Niagara Bottling LLC (Ontario, CA) is investing $95 million towards a 450,000-square-foot manufacturing and bottling facility located in Meadowville Technology Park in Chesterfield County, Virginia. The company will employ state-of-the-art filtration to produce its Niagara brand and private label bottled water. A second phase is expected to follow which will add another 50 jobs with a $50 million build-out.
Wayne Farms to expand freezer capacity
meatpoultry.com 22 Aug, 2016
Wayne Farms is moving forward with a planned addition of a variable retention freezer system at the company’s poultry processing facility in Dothan, the Dothan Eaglereported. The addition is expected to cost $21.2 million and create 22 jobs. The project is part of an expansion of the Dothan facility that will add 42,000 sq. ft. to the existing structure which covers 105,000 sq. ft. The expansion, which is expected to complete this year, will double the plant’s processing capacity. The company also broke ground on a new $53 million feed mill in Ozark, Alabama, that will support the increased processing capacity at the Dothan plant.
Engie lines up 400 MW PV pipeline in Chile
renewables.seenews.com 22 Aug, 2016
Engie Energia Chile SA (EECL), majority owned by French utility Engie and Solairedirect Chile Ltda have agreed to jointly develop a solar power project pipeline of 400 MW. The two companies have agreed to work on PV projects in the northern and central parts of Chile for a period of one year.
St. Vincent to open 4 emergency micro-hospitals
indystar.com 22 Aug, 2016
St. Vincent is planning to open four free-standing emergency hospitals in the Indianapolis area to bridge the gap between the urgent care center and an acute-care emergency department. The four facilities planned for Noblesville, Castleton, Avon and Plainfield will offer round-the-clock emergency care with the option of overnight stays for patients who need it. Each hospital will have seven outpatient beds and eight in-patient beds. The health system also plans to open three new ambulatory care centers in Crawfordsville, Brownsburg, and Plainfield next year.
St1 to build ethanol plant in Norway
renewables.seenews.com 22 Aug, 2016
St1 Biofuels Oy plans to build an ethanol plant at the site of a former paper mill in Norway that will use local forest industry residues as feedstock. The plant will be able to produce 50 million litres of advanced cellulosic bioethanol for transport fuel per year. The project is expected to reach investment decision in 2018 and become operational by 2021. The company has signed a Letter of Intent (LoI) for the project with Viken Skog SA, the largest forest owners’ cooperative in Norway.
Enoc to open more Zoom stores across the UAE
thenational.ae 22 Aug, 2016
Emirates National Oil Company (Enoc) plans to open 30 Zoom convenience stores a year across the country until it reaches 500 by 2025. The plan, which will include stand-alone stores, stores in Enoc service stations and franchise stores, is a result of increasing customer demand and population growth. The company also has plans to open another 18 stores in petrol stations in Saudi Arabia over the next two years, bringing its total number of stores in the country to 27.
Ashanti, Alecto to jointly develop Mali gold project
mining.com 22 Aug, 2016
Ashanti Gold has signed a non-binding Letter of Intent (LOI) with Alecto Minerals, which will allow it to earn a 65% in the Ashanti Gold’s Kassanto gold project in western Mali. As part of the deal, Ashanti will become the operator of the project during a 36-month option period in which it will have to complete a Preliminary Feasibility Study (PFS).
Macedonia launches upgraded Skopje-Tetovo power transmission line
seenews.com 22 Aug, 2016
MEPSO has launched an upgraded 110 kV (48 km) long power transmission line, whose reconstruction cost about 4 million euro. Under the project, 187 new electric poles are installed, and all transmission stations are modernized. The reconstruction has been financed by the World Bank and it has been completed by the Serbian Energomontazha.
SADAFCO unveils solar project in Riyadh
constructionweekonline.com 22 Aug, 2016
Saudia Dairy and Foodstuff Company (SADAFCO) has commenced operations of its solar power project in Riyadh Regional Distribution Centre (RDC). Covering a surface area of about 1,600 sq. mtrs. , over 2,000 solar cells have been installed atop the carport structures in the parking area offering the additional benefit of sun shade for cars. The project will operate high performance thin film PV modules from US-headquartered First Solar, Inc. The project has been fully executed on Engineering, Procurement and Construction (EPC) terms by Saudi-based National Solar Systems Company.
Israel To Use Enzymes To Build Kenya Cheaper Roads
jewishbusinessnews.com 21 Aug, 2016
I-Tec-W from Israel will partner with the government of Kenyan county Kiambu, to upgrade the county’s roads. The Israelis are using new technology globally known as Soil Enhancing Solutions capitalises on enzymes to modify roads, irrespective of the soils. I-Tec-W will tender to construct 200km of major link roads between towns in a pilot project.
GBM signs $27m ICT deal for hospitality project
tradearabia.com 21 Aug, 2016
Gulf Business Machines (GBM) has signed ICT partnership worth more than $27.2 million for the hospitality project, the Jewel of the Creek. The project by Roda Hotels, is expected to be ready by September 2017. The deal includes the execution of the complete ICT package including LAN, wireless, IP telephony, security, structured cabling, guest room management system, access control & audio video. GBM will be using Cisco Systems’ latest technology including mobility and analytics. Additionally, the company will be accountable for the supply, installation, testing and commissioning of the entire package of ICT for the five hospitality buildings in the project.
Oman’s OMR100m dairy project floats tender for building farm
timesofoman.com 21 Aug, 2016
Mazoon Dairy Company, which plans to build a major dairy farm with a capital expenditure of OMR100 million to achieve self-sufficiency in dairy production in Oman, has started major initiatives to build the project in Buraimi. A tender for pre-qualifying local companies to develop the farm, dairy plant and associated facilities at Sunaynah, Buraimi has already been floated. The proposed integrated joint venture dairy project plans to start with approximately 4,000 cows in 2017, which will grow to a herd size of 25,000 in 2026. The company will produce approximately 202 million litres in 2026, which will go up to 985 million litres in 2040.
Scottish Water plans major works in Whalsay
shetlandtimes.co.uk 20 Aug, 2016
Scottish Water is planning a series of works in Whalsay. The works are due to begin this month, with more than £5.4 million being invested in the construction of a brand new water treatment plant to supply around 1,000 people. The plant will replace the existing water treatment plant on the island. The project also includes, building a new pumping station next to the existing one on the banks of Loch Huxter and construction of a new 700 meter water main through rural land to the new plant. Planning permission for all work has been granted by the council. The essential work will take around 10 months in total. Scottish Water contractor Ross-shire Engineering will be carrying out the work.
Lydian Armenia begins construction of new Amulsar gold mine
panarmenian.net 20 Aug, 2016
Lydian Armenia begins construction of new Amulsar gold mine. The capital construction, which will run from 2016 to 2018, is set to cost $370 million. Amulsar deposit project is the first mining project in Armenia to undergo the environmental and social impact assessment in accordance with the criteria of the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD).
Oman plans two desal projects in northern region
tradearabia.com 20 Aug, 2016
Oman plans to build two major independent water desalination plants to meet growing demand for potable water in the northern region. Sites are being evaluated for a 60-million-gallons-per-day (mgpd) capacity project planned in Muscat. The project is likely to start operations by 2021. Another 44 mgpd capacity project in the Northern Batinah and Dhahirah regions is scheduled to commence operations in 2022, citing a seven-year outlook for power and water demand released by the Oman Power and Water Procurement Company (OPWP). Tenders for selecting multinational firms or consortiums for developing these desalination projects are expected from OPWP.
Six bids received for power project
elecenmyanmar.com 20 Aug, 2016
Ministry of Electricity and Energy has received six tender applications for the construction of a 300-megawatt power plant. The applications came from a consortium of Maxpower Myanmar, LNG Link, Consultant International Company, SEPCO Electric Power Construction Corporation, a joint venture between Indonesia, Singapore and China; the UK-based Aggreko International Projects; China Energy Engineering and China ITS Holdings Co; Singapore-based Karpowership Asia Company; a consortium of National Infrastructure Holdings Company, Ace Resources Group, MCM Pacific and APR Energy Plc; a joint venture between Myanmar, Singapore and the US; and CRRC and V Power Engineering from Hong Kong and China. The Ministry will announce the winner on 9th September, 2016 to install a new generator that can run on a duel-fuel system.
Pantex breaks ground on new facility
newschannel10.com 19 Aug, 2016
A groundbreaking ceremony held on 18th August, 2016 at Pantex, a nuclear weapons facility east of Amarillo, marked the beginning of construction for a new complex designed to replace 50 outdated buildings at the site. The Administrative Support Complex will be a 343,000 sq. ft. facility. Pantex will be leasing 15,000 sq. ft. of the building to Texas Tech for research on missile security, chemical processes, and advanced machinery.
New company seeks financing to build soybean processing plant in Massena
watertowndailytimes.com 19 Aug, 2016
St. Lawrence Soyway Co. LLC is seeking financing to develop a soybean processing facility at the former Village Department of Public Works site on Main Street, Massena. The firm is seeking some outside funding to help finance the $16 million project. The plans will include construction of a 40,000-square-foot processing facility that will crush soybeans into high-protein soy meal used primarily to feed dairy herds and it can also be used to feed hogs and poultry. The process includes extracting the oil which can be sold to hog, poultry and other livestock farms. The company is also applying for grant funding through the state’s Empire State Development Corp. If the financing materializes, construction of the plant could begin in November and production could start next summer.
Tanzania secures huge loan to build a new tractors assembly plant
coastweek.com 19 Aug, 2016
Tanzania has secured a loan worth 110 million U.S. dollars from Poland, which will be used to establish the plant at Kibaha area, Coast Region where tractors, power tillers will be assembled. Part of the money will be used to build warehouses in regions which are potential for agricultural production. The warehouse facilities will be used for storing food crops.
Textile company to invest RM500mil to boost its operations in Kulai
thestar.com.my 19 Aug, 2016
Daiyin Textile (M) Sdn Bhd will be investing about RM500mil to further expand its operations in Malaysia this year. Around RM300mil will be allocated for phase two of the expansion project at its existing plant in Sedenak industrial estate. Another RM200mil will be invested to set up a new plant in Bukit Batu, to manufacture jeans for export to the United States. The company had already submitted the development planning for phase two of the expansion project and the Bukit Batu plant to the relevant authorities.
Zambia to Invest USD15m in Mulungushi Textile Factory
zambia-invest.com 19 Aug, 2016
The Government of Zambia will invest USD15m in re-establishing the Mulungushi textile factory, located in Kabwe, Central Zambia. The factory will be manufacturing various garments including military and police uniforms. The Government of Zambia has concluded the takeover of the Mulungushi factory in 2016.
GM to Invest $85M in Marion Stamping Plant
wibc.com 19 Aug, 2016
General Motors will invest $85 million in its Marion plant. The proposal to spend $85 million over the next 10 years for new tools and equipment at the Marion stamping plant went before the city council two months ago. The plant provides blanks, stamping and sheet metal assembly for cars, vans and trucks in production in North America.
Bridgestone invests $250m to expand Canada tyre plant
icis.com 19 Aug, 2016
Bridgestone is investing $250m to expand its tyre plant at Joliette in Quebec province, Canada. The expansion project is expected to raise the plant’s capacity to around 20,000 tyres /day by 2023. The plant specialises in tyres for passenger cars, SUVs and commercial vans.
Air Products Inaugurates Specialty Gas Plant in South Korea
nasdaq.com 19 Aug, 2016
Air Products and Chemicals Inc. has opened a new advanced non-electronics specialty gas and helium transfill center in Ochang, North Chungcheong, South Korea. The industrial complex houses fine chemical, pharmaceutical and electronic materials producers. The company has built the facility to cater to the growing demand of numerous industries including automotive, analytical, petrochemical and bio-healthcare, among others.
Schaeffler to invest in new production base in China
auto.economictimes.indiatimes.com 19 Aug, 2016
Schaeffler will invest in a new production base in Xiangtan, Hunan province, China. In this regard, Schaeffler Group has signed a cooperation agreement with a visiting delegation from the Hunan provincial government. The first phase of the project will occupy a total area of around 20 hectares and the first plant, which will manufacture automotive parts and precision bearings, is scheduled to enter operation by the end of 2018. In the future, Phase II of the project will involve the construction of a second plant, a logistics center and a training facility.
Greenland joins smaller developers to invest $1bn in U.S. biotech park
techwireasia.com 19 Aug, 2016
Greenland Group will jointly invest over US$1 billion in a San Francisco-based biotech industrial park, together with Agile Group, Ping An Trust, and Poly Sino Capital. Greenland aims to strengthen the relationship between the U.S. and China in relation to biotech research and development through this investment, which cost US$171 million for the land alone. Greenland USA, a subsidiary of the Greenland Group, owns 49 percent of the biotech project, with Ping An holding 36 percent and Agile 10 percent. An in-class campus is planned to be built in the park. Construction is expected to begin in mid-2018, after the City received necessary infrastructure improvements.
Tata Power JV Cennergi starts operations of 95 MW wind project
energy.economictimes.indiatimes.com 19 Aug, 2016
Tata Power’s 50:50 joint venture with Exxaro Resources in South Africa, Cennergi (Pty) has commenced the commercial operations of its 95 MW Tsitsikamma Community wind farm project on 18th August, 2016. The said wind farm comprises 31 3.075 MW Vestas-make turbines. With the commissioning of the Tsitsikamma project, Cennergi’s operational portfolio has increased to 229 MW as it achieved commercial operations of its 134 MW Amakhala Emoyeni wind project last month.
Shell To Build 94 Mile Pipeline For Cracker Plant
constructionequipment.com 18 Aug, 2016
Shell Chemical Appalachia’s ethane cracker plant being built on the site of the former Horsehead zinc smelter on the Ohio River in western Pennsylvania will be connected to a 94-mile pipeline being built by Shell Pipeline. The new Falcon Ethane Pipeline System will connect three ethane sources: Houston facility in western Pennsylvania, and the Cadiz and Scio facilities in Ohio. Shell started the process to acquire rights-of-ways earlier this month and intends to start construction in late 2018. The pipeline capacity is expected to be a little more than 100,000 barrels per day of ethane.
Chinese developer to invest 1 bln USD for biotech industrial park in South San Francisco
shanghaidaily.com 19 Aug, 2016
Greenland plans to invest more than 1 billion U.S. dollars in a joint venture to build a large-scale biotech industrial park in South San Francisco. Greenland USA, the subsidiary company of Greenland Group, acquired the Oyster Point landing project together with its equity partner Ping’an Trust, and minority equity partners Agile Group and Poly Sino Capital. The project will be completed in several phases, with Phase I compromising approximately 500,000 square feet in the southern part of the property. Construction is expected to begin by mid-2018, following necessary infrastructure improvements by the City of South San Francisco, including streets, utilities and grading.
Japan turns over P2.6 billion Rubber production plant to Philippines
update.ph 19 Aug, 2016
Government of Japan, funded through Official Development Assistance (ODA) loan program, has turned over the Banisilan Rubber Production, Processing and Marketing Enterprise to the Philippine government. The rubber processing plant is part of ‘The Mindanao Sustainable Agrarian and Agriculture Development (MinSAAD)’, in the Municipality of Banisilan, North Cotabato Province. The total loan support for this project amounts to Rs. 6,063,000,000), equivalent to PHP2,636,000,000. This project aims to expand rubber production area to 2,200 hectares and produce 696 metric ton rubber crumb or PhP36.9 million annual sale.
Erex Eyes Biomass, Wind to Expand in Japan Power-Retail Business
bloomberg.com 19 Aug, 2016
Erex Co. will add more biomass power plants and expand into wind farms as it seeks to reach out to more customers following the opening up of Japan’s power-retail market. The company currently has a 20-MW operating biomass power plant in the western prefecture of Kochi and has several more biomass projects in varying stages of development. A 50-megawatt biomass power station is scheduled to open as early as this year in Oita prefecture and the company also plans to build a 75-MW biomass plant with Taiheiyo Cement Corp. in Iwate.
Bentley opens its world’s largest dealership in Dubai
ET 18 Aug, 2016
Bentley Motors on 17th August, 2016 inaugurated a 75,000 sq. ft. showroom at Sheikh Zayed Road in Dubai. Consisting of six floors, the new customer environment offers a space with a bespoke, uniquely British feel and a focus on personal commissioning, executed with Bentley’s signature craftsmanship and painstaking attention to detail.
AGC to set up automotive glass factory in Morocco
tradearabia.com 18 Aug, 2016
Asahi Glass (AGC), a glass manufacturing company, has revealed that AGC Automotive Europe will establish its first automotive glass factory at Kenitra, Morocco. AGC Automotive Group recently reached an agreement with Induver, a leading glass processing company in Casablanca, in order to co-establish the first unit of the AGC Group in North Africa. The factory’s construction is underway and is expected to begin production in 2019
American Railcar Industries Expands Its Northeast Arkansas Operations
ualrpublicradio.org 18 Aug, 2016
American Railcar Industries (ARI) will set up a new manufacturing facility in Paragould. Corbitt Manufacturing, a component manufacturing operation with ARI, will begin production at the new facility this month. ARI already has plants in Paragould, and Marmaduke that employ about 1,000 workers.
Kroger Planning to Close, Open New Store in Charlottesville
nbc29.com 18 Aug, 2016
Kroger is set to invest $28 million to build a new store at the Seminole Square Shopping Center in Charlottesville, United States. Construction will be commenced by early 2017 and the store is expected to open by the end of 2017.
Council approves wastewater treatment plant
times-georgian.com 18 Aug, 2016
The Buchanan City Council has approved a $3.3 million project to upgrade and expand its current wastewater treatment plant. The plant expansion will be paid for by a loan of about $2.1 million and a $2.5 million grant from the U.S. Department of Agriculture. The council approved and signed a resolution accepting the grant and stating its purpose during the meeting on 9th August, 2016.
Dale Farm Opens £7M Facility
insidermedia.com 18 Aug, 2016
Dale Farm has opened a £7m cheese processing and packing facility in County Tyrone. This new cheese processing and packing facility will help the firm continue to deliver strong growth in our cheddar sales in both domestic and export markets, especially in the faster growing convenience segment of the market.
Chinese firm to invest $150 m in Uttam Groups project
thehindubusinessline.com 18 Aug, 2016
Uttam Group on 18th August, 2016 signed an investment agreement of up to $150 million with Chinese firm Tidfore Heavy Equipment Group Co. The investment will be in the form of equity for Uttam Group’s Wardha Expansion Project undertaken in conjunction with Posco.
Bulgarian textile co PNG 1962 to invest in new production unit
seenews.com 18 Aug, 2016
PNG plans to invest 2 million levs in a new production facility and equipment for digital printing on cotton fabrics. The investment is co-financed by the EU programme Innovation and Competitiveness with 350,000 levs, while the rest will be provided by a bank loan. The investment project will increase productivity by 15% and raise revenues from export by 26%.
Richardson to invest C$120 million in canola processing plant
world-grain.com 18 Aug, 2016
Richardson International plans to invest C$120 million in its canola processing plant in Lethbridge, Alberta, Canada. The investment will be used to maximize operating efficiencies and modernize the facility to significantly increase canola crush capability. The plant currently processes approximately 450,000 tonnes of canola annually. With the upgrades, the facility will be able to process in excess of 2,000 tonnes of canola per day, increasing annual crush capacity to more than 700,000 tonnes.
Impact to invest EUR 44 mln in expanding northern Bucharest Greenfield residential project
business-review.eu 18 Aug, 2016
Impact Developer & Contractor will invest EUR 44 million in the third development phase of Greenfield, its residential project in northern Bucharest. Platanilor Ensemble, the name of the project’s third development phase, is developed on a 10 hectares plot of land and it will features 39 four-and five-storey blocks which will feature atotal of 888 apartments. The first 21 blocks (476 apartments) will be delivered at the beginning of 2017 and the next 18 blocks (412 apartments) will be completed in the third trimester of the next year. The project will feature one-two-and three-bedroom apartments and it also boasts a 6,000 sqm park with playgrounds, a multifunctional sports ground and fitness and recreation areas
Pinnacle Foods To Expand Fayetteville Manufacturing Facility
5newsonline.com 18 Aug, 2016
Pinnacle Foods on 18th August, 2016 plans to expand its food manufacturing in Fayetteville. The new brand line, EVOL, is a line that contains cage-free eggs, no antibiotics, no artificials and no GMOs. The company is a leading producer, marketer and distributor of food products and leads the dry and frozen packaged foods segments, with brands such as Duncan Hines, Birds Eye, Mrs. Paul’s, Vlasic, Mrs. Butterworth’s, Wishbone, and Aunt Jemima.
Shaza Hotels to expand presence in the Middle East
khaleejtimes.com 18 Aug, 2016
Shaza Hotels is gearing up for its expansion in the Middle East, with several new hotels in the pipeline in various locations across the region. The brand is aiming to have 30 hotels signed by 2020, with a total of 20 hotels in operation by 2020. The 250-keys Shaza Makkah is the first of the many properties that will open in the region, slated for opening in the last quarter of 2016.
Fortum to build, run biomass-fired power plant in U.K
elp.com 18 Aug, 2016
Fortum has signed a 10-year Operation and Maintenance (O&M) agreement with MGT Teesside in the UK. The agreement covers the operation and maintenance services of a new 299 MW biomass-fired combined heat and power plant to be located in North-East England. The construction of the power plant is due to start immediately and be completed by 2020.
EBRD considering loan for 29-MW solar project in Kazakhstan
renewables.seenews.com 18 Aug, 2016
The European Bank for Reconstruction and Development (EBRD) is considering providing a senior loan of up to USD 26 million to India’s ACME Cleantech Solutions for a 29-MWp solar project in Kazakhstan. The financing will support the construction, grid connection and commissioning of the Kulan solar power plant, located in the Zhambyl region. The project is worth a total of USD 51 million.
Ameresco builds wastewater biogas to energy facility in Phoenix
elp.com 18 Aug, 2016
Ameresco and the City of Phoenix on 18th August, 2016 announced a multi-million dollar wastewater treatment biogas project at the 91st Ave Wastewater Treatment Plant (WWTP). Ameresco will Design, Build, Own, Operate and Maintain (DBOOM) the wastewater biogas-to-energy facility. The WWTP is owned by the Sub-Regional Operating Group made up of Phoenix, Glendale, Mesa, Scottsdale, and Tempe. The project is expected to be operational in late 2017.
IOC, Bangladesh Roads and Highways Dept sign MoU
auto.economictimes.indiatimes.com 18 Aug, 2016
Indian Oil Corporation (IOCL) and the Roads and Highways Department of People’s Republic of Bangladesh has signed an MoU in Dhaka. The MoU enables IOCL to send its trucks carrying Motor Spirit, High Speed Diesel, Superior Kerosene Oil & Liquefied Petroleum Gas from Meghalaya to Tripura via territory of Bangladesh. The validity of this facility is till end September 2016. Both sides have also agreed to extend the transit facility for a further short period on need basis.
PTi Breaks Ground on Major Expansion
ptonline.com 18 Aug, 2016
Processing Technologies International (PTi), manufacturer of high-performance sheet extrusion machinery, broken ground on 5th August, 2016 for a $10 million plant expansion at its Aurora, Illinois headquarters. The company will increase overall plant capacity by 50% by adding 40,000 ft2 of primary manufacturing and office space and up to 40 new jobs. The new space is expected to be fully operational by November 2016.
Argos Buys U.S. Plants From HeidelbergCement for $660 Million
bloomberg.com 18 Aug, 2016
Cementos Argos SA has agreed to acquire a cement plant and eight terminals from HeidelbergCement AG for $660 million to push expansion in the U.S. The transaction includes a factory in Martinsburg, West Virginia, and eight related terminals.
Flint Hills Resources to construct $20 M fuel terminal expansion
Hydrocarbonprocessing.com 18 Aug, 2016
Flint Hills Resources will begin construction on a $20 M expansion of its Waupun, Wisconsin fuel terminal. The company is also nearing completion of an estimated $7 M expansion of its Junction City fuel terminal. The expansion and improvement projects at Flint Hills Resources’ Waupun and Junction City fuel terminals involve more than doubling the loading capacity of the current 2-bay Waupun terminal with the addition of three new bays, and adding a fifth loading bay to Junction City. Construction on the Junction City project is currently underway with completion expected this fall. The Waupun project is expected to be completed in the fall of 2017.
Iowa OKs $11.5 million for company planning pork plant
wral.com 18 Aug, 2016
Solar Frontier has completed a 30 MW solar PV park at Nagasaki Airport, Nagasaki Prefecture on 34 The Iowa Economic Development Board has approved $11.5 million in incentives for the company, Prestage Farms that plans to build a $240 million pork plant in northern Iowa’s Wright County. Wright County officials are considering giving the company $8 million in local tax breaks.
Turkey plant in Huron to undergo $39M in expansion projects
rapidcityjournal.com 17 Aug, 2016
Dakota Provisions will expand the cold storage space at its existing plant in Huron at a cost of $9 million, and also expand into another building in a local industrial park, at a cost of $30 million. The larger project could result in 250 new jobs in the city.
Odom Corp. to build $40M Anchorage facility
adn.com 17 Aug, 2016
Odom Corp. will build a $40 million warehouse and office facility in an industrial area near West International Airport Road, consolidating its Anchorage operations. Groundbreaking is scheduled for this fall and construction will take about two years.
Fresenius Kabi Announces Major Investment in U.S. Manufacturing
businesswire.com 17 Aug, 2016
Fresenius Kabi will invest approximately $250 million over 10 years to expand the company’s Melrose Park site which manufactures generic, sterile injectable pharmaceuticals. The expansion will create multiple new buildings connected to the existing manufacturing site and will feature fully automated aseptic filling lines using state-of-the-art isolator technology, expanded lyophilization (freeze-drying) capabilities, formulation areas, a dedicated warehouse for raw materials and components and an administration building with conference center, laboratories, office space and cafeteria. The expansion is a multi-stage, multi-year project with ground breaking planned for 2017 and final project completion in 2026.
Croatia’s Valamar Riviera to invest 500 mln kuna in construction of 2 luxury resorts
seenews.com 17 Aug, 2016
Valamar Riviera will invest 500 million kuna in the construction of two luxury tourist resorts, Bellevue Resort and Valamar Girandella Resort in the coastal town of Rabac in 2017. Valamar will reconstruct its current Bellevue and Albona hotels and turn them into the Family Life Bellevue Resort, a brand of travel services group TUI. Apart from 372 rooms, the resort will also offer pools, restaurants, beaches, entertainment and other facilities.
Envergent begins construction on RTP green fuel facility in Canada
biofuels-news.com 17 Aug, 2016
Envergent Technologies, a joint venture of Honeywell UOP and Ensyn Corp., has begun construction on a renewable fuels facility at Port Cartier in Quebec, Canada. The project will incorporate Envergent’s proprietary RTP technology and will convert forest residues from local sources into liquid green fuel for institutional and industrial heating.
Oman plans to build two major power plants
utilities-me.com 17 Aug, 2016
Oman plans to develop two major power plants by 2022 within the Main Interconnected System (MIS), which accounts for 90 per cent of the nation’s total electricity supply. While a 800 MW Independent Power Plant (IPP) is expected to come onstream in 2021, a mega project with a capacity of 2,700 MW is planned to be operational in 2022. It is expected to issue a Request For Qualifications (RfQ) for the new 800 MW IPP in the third quarter of this year. Prospective sites and infrastructure requirements are being evaluated in collaboration with stakeholders, such as Oman Gas Company (OGC) and Oman Electricity Transmission Company (OETC). Oman Power and Water Procurement Company (OPWP) expects to select the site and to initiate the procurement process with a RfQ in Q3, 2016, subject to regulatory approval. A RfP will be issued to the prequalified developers in Q1 2017, with an award envisioned in the third quarter of next year.
clean coal power plant to install 400kV transformer
esi-africa.com 17 Aug, 2016
The Hassyan Clean Coal Power Plant in Dubai, has launched the main 400 kV transformer as well as various other projects amounting to $53.6 million. The plant, which is expected to generate 2,400 MW once in full operation, is expected to reach commercial operation in March 2023.
BYD signs deal to open PV factory in Brazil
pv-magazine.com 17 Aug, 2016
BYD Energy do Brasil has signed a cooperation agreement with the Campinas labor office for the creation of 300 jobs that will form the initial staff of the company’s 200 MW PV module production facility. BYD will invest BRL 150 million in the PV fab, which adds to the company’s existing electric bus factory in the city. The facility is scheduled to begin production in early 2017.
SLAM Sets Up Gold Processing Plant
finance.yahoo.com 17 Aug, 2016
SLAM Exploration has set up the turnkey gold plant and is ready for testing it with rock from the high grade Maisie gold deposit. The company has been granted a License of Occupation that authorizes to extract and process samples from this high grade gold deposit over a two year period. The removal and processing of a 2,000 tonne bulk sample has been approved by the New Brunswick Department of Environment and the Department of Energy and Mines. No drilling or blasting is required and no chemicals will be used in the process. The purpose is to develop environmentally and commercially sustainable techniques to extract gold, provide an estimate of the grade of the Maisie deposit and demonstrate the potential for longer term mining operations
White Lodging Announces 1,000 New Hotel Room Development for Downtown Austin
hotelnewsresource.com 17 Aug, 2016
A new property adjacent to the University of Texas campus will feature both the Autograph Collection and AC Hotels by Marriott brands. The unique 350 room, 11-story AC Hotels and Autograph Collection dual-branded complex will house both properties, and while efficiencies will be shared in the back of the house, such as in housekeeping, each hotel will have its own unique lobby, restaurant, bar and an oversized exercise facility. The upscale Autograph will feature over 6,000 square feet of event and entertainment space, a street-level restaurant and bar, a walk-up Burger Bar and a rooftop bar and pool deck offering panoramic views of the University, State Capitol and downtown Austin skyline. The development is scheduled to begin construction in mid 2017 and open in the first quarter of 2019.
SMS group tube plant aids expansion
steeltimesint.com 17 Aug, 2016
A Polish steel tubes plant in Gliwice owned by Huta Labedy has handed a final acceptance certificate to German steel production technology company SMS group. SMS group has installed a 12.75 inch ERW (Electric Resistance Welding) welded tube line capable of producing tubes with diameters ranging from 4.5in to 12.75in, wall thicknesses between 3mm and 12.7mm and lengths of up to 18 metres. The new plant enables Huta Labedy to enter new markets for thick-walled precision tubes with high tensile strengths.
Iran starts construction of $1bn petrochem plant
constructionweekonline.com 17 Aug, 2016
Iran has started construction of a $1bn petrochemical plant in Gachsaran. The plant will have a production of 5,000 tonnes of formic acid and 500 tonnes of vinyl acetate and is spread over 57 hectares of land and 16,000 sq. mtrs. built up area.
Skanska, Closner Construction to Build 243-Bed Hospital in Michigan for $206M
rebusinessonline.com 17 Aug, 2016
A joint venture between Skanska and Closner Construction will build a new hospital for Duke LifePoint Healthcare for $206 million. The facility will serve as a replacement hospital for UP Health System-Marquette, also known as Marquette General Hospital. The 164,000-square-foot, 243-bed replacement facility includes approximately 46,000 square feet of diagnostic and therapeutic services and 56,000 square feet of patient care services. Additionally, the project will include an adjoining medical office building and a parking structure. The project is slated for completion in October 2018.
Hilton Garden Inn Opens 700th Hotel in Downtown Asheville
hotelnewsresource.com 17 Aug, 2016
Hilton Garden Inn has opened its 700th property, Hilton Garden Inn Asheville Downtown this week. The new hotel brings 140 new rooms to the Hilton Garden Inn brand and continues its worldwide expansion. It is managed by Quality Oil Company, LLC.
Entergy Texas proposes new 230 kV transmission line
elp.com 17 Aug, 2016
Entergy Texas is proposing to design and build a new, predominantly single circuit, 230-kV transmission line in Jefferson, Chambers and potentially Liberty counties in Texas. The new line will connect the existing China substation located just west of China, Texas, in Jefferson County, to the existing Stowell substation located in the unincorporated community of Stowell, Texas, in Chambers County. The company will install new equipment at both substations.
Fuyao signs deal with glass recycler
daytondailynews.com 17 Aug, 2016
Fuyao Glass America has signed a 10-year agreement with Strategic Materials Inc. (SMI) to recycle glass scrap for Fuyao’s Moraine plant. The facility will produce 4 million original equipment manufacturer car sets as well as 4 million aftermarket glass windshields annually. SMI is making a significant investment in construction, trucks, process equipment, and office renovation for the site. Along with SMI’s investment, Fuyao has allocated 3.7 acres of its 116-acre Moraine site to SMI.
A21 project enters new phase
highwaysmagazine.co.uk 17 Aug, 2016
The dualling of the A21 between Tonbridge and Pembury has moved into a major new phase. The next phase will see traffic moved on to new slip roads so a new flyover can be constructed at the Longfield Road junction and a new junction constructed at Fairthorne. Work started on the scheme in April 2015 and has already involved constructing new slip roads, moving an ancient woodland, removing a Grade II listed building which will be rebuilt in a museum
Netflix is coming to more hotel rooms worldwide
techcrunch.com 17 Aug, 2016
Netflix and an Enseo, the makers of an in-room entertainment platform for the hospitality industry, has announced an expanded agreement that will see the Netflix app offered in more hotel rooms around the world. Through the Enseo system, hotel guests will be able to log in to their Netflix accounts from their rooms, allowing them to stream Netflix’s collection of TV and shows, as well as access their own personalized settings, lists, and other content
Liberia’s Hydropower Project Nears Completions
footprint2africa.com 17 Aug, 2016
The ongoing works at Mount Coffee hydro plant stands at 71 per cent complete, clearly indicative of three turbines under construction/installation, which technically will be completed 16th December, 2016.
Malaysia to open its first 30MW geothermal power plant
asian-power.com 16 Aug, 2016
Tawau Green Energy Sdn Bhd will be developing its first geothermal power plant at Apas Kiri, Tawau, Malaysia. The plant will be exporting 30 MW to the Sabah Electricity Sdn Bhd grid under the existing FiT scheme.
DMCI Power building new Palawan plant
rappler.com 16 Aug, 2016
DMCI Power Corporation is building a P600 million, 2×4.95 MW bunker-fired power plant to address the increasing electricity demand in Aborlan, Palawan. The power plant is being built to stabilize electricity supply in the franchise area of Palawan Electric Cooperative, Incorporated (PALECO). The plant is expected to start operations by the end of the year.
Potsdam wastewater treatment plant upgrade will cost $10 million
watertowndailytimes.com 16 Aug, 2016
A major overhaul is planned for the $10.7 million, Potsdam wastewater treatment plant in New York. The overhaul will include a sludge press, which is machinery designed to press liquid out of the solid waste. The liquid waste will then be treated throughout the rest of the plant and the solid waste will be taken to the landfill. The project recently received its first grant, the New York State Water Grant, for approximately $2.6 million. The rest of the approximate $8 million will come from other grants which have yet to be awarded, and a loan at no interest, since the village qualifies for hardship financing. The update will begin in the spring of 2017.
Construction begins for new West Maui hospital
hawaiinewsnow.com 16 Aug, 2016
The West Maui Hospital and Medical Center held its ground breaking ceremony on 15th August, 2016. The facilities will include a 25-bed hospital with a 24-hour emergency room, a nursing facility and assisted living quarters. Long-term plans also include a Drug and Alcohol Rehabilitation Center. The $70 million project is expected to be completed in late 2018.
Minda Corp forms jt venture with Chinese firm
HBL 16 Aug, 2016
Spark Minda group flagship firm Minda Corporation has formed a joint venture with China’s Shandong Beiqi Hai Hua Automobile Parts Co (SBHAP). The 50:50 joint venture, to be known as Minda China Plastic Solutions, is being formed between Minda KTSN, a 100 per cent subsidiary of Minda Corp, and the Chinese partner. This joint venture shall initially focus on producing and selling products such as plastic oil pans and cylinder head along with other plastic under-bonnet/interior parts. Total investment of the joint venture will be $1.25 million. The joint venture will also have the rights for production and marketing of Minda KTSN products within China. Production is expected to begin in the next 12 to 15 months.
NIPSCO set to raze Gary power plant
chicagotribune.com 16 Aug, 2016
NIPSCO is preparing to demolish its defunct Dean H. Mitchell Electric Generating Station located along Lake Michigan in Gary. The estimated $18 million demolition project will include environmental removal and remediation work for the site’s future development. The two-year initiative will require around 60 employees during the early stages of the project.
Cement firms in Oman plan joint venture in Duqm
timesofoman.com 16 Aug, 2016
Oman Cement Company and Raysut Cement Company are planning to build a new cement plant in joint venture within the Duqm Special Economic Zone. The new company will be named the Al Wusta Cement Company LLC. The two cement producers have achieved a 10.78 per cent (an additional 312,545 tonnes) growth in combined cement sales at 3.21 million tonnes in the first half of 2016, up from 2.90 million tonnes for the same period of last year, and despite severe competition from neighbouring cement producers.
West Springs Hospital planning new $34 million facility
nbc11news.com 16 Aug, 2016
Saint Mary’s Hospital in West Spring is planning to invest $2.5 million. The funding gives West Springs a jump start on a new $34 million construction project for a larger psychiatric facility. Currently, the West Springs facility only has six beds per 100,000 residents and the state average is 16 beds.
Bottled water company to invest $95 million to open facility in Chesterfield
virginiabusiness.com 16 Aug, 2016
Niagara Bottling is investing $95 million to open a 450,000-square-foot manufacturing facility and bottling operation in Meadowville Technology Park, Chesterfield County. A $50 million second phase of the project is expected to increase the workforce by another 50 employees.
More NatGas-Fired Power Plants Planned For Michigan, West Virginia
naturalgasintel.com 16 Aug, 2016
WEC Energy Group Inc. (WEC) will construct new natural gas plants on Michigan’s Upper Peninsula as part of a deal to supply electricity to an iron-ore mine in the area. Cliffs Natural Resources Inc., which operates the Tilden mine near Marquette, Michigan, signed a 20-year agreement with WEC to supply the electricity for its operations. The facilities will use internal combustion engines to generate 170 MW of power. The $255 million project will also allow a coal plant on Lake Superior to be retired by 2020. If the project is approved by state regulators, WEC aims to have the plants constructed by 2019.
Republic Cement pushes expansion
mb.com.ph 16 Aug, 2016
Republic Cement Corp. is expanding its plants’ milling capacity by at least 10 percent in anticipation of huge demand for cement in the country especially for the housing sector. The ongoing ground field expansion program is being implemented on its five integrated cement plants, including 4 in Luzon and one in Iligan, and a grinding plant in Cebu.
Skyline Steel investing $15M, adding 15 workers to Iuka facility
djournal.com 16 Aug, 2016
Skyline Steel is expanding operations in Iuka, investing $15 million and creating 15 new jobs. The company’s Iuka location currently manufactures large diameter spiral-welded pipe for foundations, bridges, wharves, piers and more. The expansion involves the addition of new equipment, enabling the company to produce straight-seam electric resistance welded pipe for the same purposes.
Motor City H-D to build new superstore dealership
powersportsbusiness.com 16 Aug, 2016
Motor City Power Sports and Brighton Harley-Davidson plans to build a Harley-Davidson superstores in Farmington Hills, California. The 106,000-square-foot complex on 10 acres will create a unique customer experience by combining Harley-Davidson motorcycle, a brew pub0style restaurant, a gourmet market, and live music to embody the Harley-Davidson lifestyle. The superstore will be opened in September 2016.
Lidl building new grocery store in Kinston
witn.com 16 Aug, 2016
Lidl will build a 36,000 square foot, new store on U.S. 70. The site is the old Kinston Chrysler-Suzuki building which has been razed last November. The company is also constructing a grocery store on Fire Tower Road in Greenville.
Methanol production facility planned for WV would bring 60 full-time jobs
wvgazettemail.com 16 Aug, 2016
US Methanol, a chemical manufacturing startup, will build a methanol production facility in Kanawha County next year, bringing with it an estimated 60 full-time jobs and 300 temporary construction positions. The plant will use 70 million cubic feet of gas per day and will use a chemical process to turn methane into pure methanol, a base solution used in paints, plastics, windshield washer fluid and other chemicals, like formaldehyde.
easyHotel to add third hotel in Amsterdam
proactiveinvestors.co.uk 16 Aug, 2016
easyHotel PLC is to open a 96-room third ‘super budget’ hotel in Amsterdam by its Benelux franchisee. The company which currently owns three hotels, with a further 17 franchised out, hopes the latest addition to its portfolio will be completed in early 2017.
Green light for Wimbledon Premier Inn
thecarterer.com 16 Aug, 2016
Whitbread has secured planning permission to convert a former restaurant and job centre into a 176-bedroom Premier Inn and Beefeater restaurant. Whitbread purchased the former Henry J Beans site at the Broadway in Wimbledon, south London, in 2014. Including its purchase price, it will be investing approximately £30m in the new hotel, which is estimated to open in 2018. The company is also converting office sites in Dacre Street and Tothill Street in Westminster, London, and recently acquired 191 Old Marylebone Road, a 54,000 sq ft vacant possession office building between Marylebone and Paddington stations, which is to be demolished and replaced with a purpose-designed Hub by Premier Inn.
Hampton by Hilton to Add Two Hotels in Poland
m.hotelbusiness.com 16 Aug, 2016
Hilton Worldwide plans to grow its portfolio of Hampton by Hilton hotels in Poland, with two new properties slated to open in Gdansk and Lublin. Hampton by Hilton Lublin is a 121-room property being developed by Global Property Sp. z.o.o. S.K.A. and will be opened in late 2017. It will be managed by Pro Value Sp. z o.o., an independent commercial real estate consultancy firm delivering professional advice in all property sectors with a focus on hotels. Offering 100 guestrooms, Hampton by Hilton Gdansk Oliwa will join two existing Hilton Worldwide properties trading in the city when it opens in 2017, with a further Hampton by Hilton currently under construction in Gdansk main town. The hotel will be housed within a broader mixed-use development that will incorporate office and retail space, and will be delivered by owner Moderna Investment Sp.z.o.o in partnership with Property Partner Investments sp. z o.o. sp.k.
Britain backs expansion of world’s largest wind farm
energy.economictimes.indiatimes.com 16 Aug, 2016
Britain on 16th August, 2016 approved plans to expand the Hornsea Two windfarm project, to be built by DONG Energy, that is part of Britain’s push to invest in new electricity generation capacity needed to overcome a squeeze on power supplies in the next decade. The company has already secured planning permission and it could begin generating electricity in 2020.
FedEx opens new freight facility at Perth Airport to support e-commerce business in Australia
stattimes.com 16 Aug, 2016
FedEx Express has opened a new facility at Perth Airport, Western Australia, approximately 3,000 square metres in size. The new facility has the capacity to sort up to 3,000 packages per hour, allowing inbound and outbound shipments to be processed faster. The company also has facilities located at Adelaide, Brisbane, Canberra Gold Coast, Melbourne and Sydney.
Carthage Specialty Paperboard To Invest $2M In Renovations
wwnytv.com 15 Aug, 2016
Carthage Specialty Paperboard plans to invest more than $2 million in renovations to upgrade its manufacturing facility and increase product quality and gain production efficiencies. In addition, the manufacturer will receive a $400,000 performance-based grant from Empire State Development to buy new machinery and equipment.
New cranberry processing facility opens near Warrens
lacrossetribune.com 15 Aug, 2016
Cranberry Growers Cooperative has opened a $20 million processing facility near Warrens. The plant, also referred to as CranGrow, is the result of a vision of independent growers and is used to process member fruit into a variety of cranberry products, including dried cranberries, juice concentrate, whole frozen berries and cranberry seed pomace at its Aspen Avenue site in the town of Lincoln.
Isuzu breaks ground for new dealership facility in Cagayan Valley
manilatimes.net 15 Aug, 2016
Isuzu Philippines Corporation (IPC) has broken ground on its latest dealership facility in Iguig, Cagayan Valley. The new Isuzu Tuguegarao satellite office to be built on a 5,000-square-meter property, is expected to supplement the operations of Isuzu dealerships in Bulacan, Isabela, Cabanatuan and Meycauayan.
Quanex to Expand Ohio Insulating Glass Systems Manufacturing Facility
windowanddoor.com 15 Aug, 2016
Quanex Building Products Corp. will expand its Cambridge, Ohio, insulating glass systems facility. The expansion will add approximately 60,000 square feet to the facility for a total of approximately 477,000 square feet of manufacturing and warehouse space. The company plans to invest approximately $5 million over the next five years to add six new production lines, increasing capacity of the facility by 15 percent, as well as adding warehouse space. The facility may be complete and in use by January 2017.
Pixelligent raises $10.4 million to expand nanocrystal manufacturing
baltimoresun.com 15 Aug, 2016
Pixelligent Technologies, a nanocrystal manufacturer reported $10.4 million in new funding that will allow the company to scale up its manufacturing capacity and expand its international footprint. The company has agents and distributors in South Korea and Japan, and will add representatives in Taiwan and China this year and early next year.
Germany’s Weltec to build 800-kW biogas plant for Colombian egg producer
renewables.seenews.com 15 Aug, 2016
Weltec Biopower GmbH will build an 800-kW biogas plant for Colombia’s egg producer, Incubadora Santander. The anaerobic digestion facility, which is to be fueled by dry chicken manure and process water, is scheduled to become operational in early 2017. The plant modules, including the ready-for-operation Combined Heat and Power (CHP) plant, the pre-installed pump and control technology, as well as the stainless-steel panels for the tanks will be shipped to the site in maritime containers from Germany.
Work ready to begin on £340m Kent power plant
theconstructionindex.co.uk 15 Aug, 2016
Wheelabrator Technologies’s is set to begin the work on the £340m Kent power plant. The company has reached an agreement with all parties and construction is due to start this month. Clugston is the Civil Contractor, CNIM is the Principal Contractor and Arup is lead building designer. Arup will provide civil, structural and geotechnical engineering, in addition to reviewing mechanical, electrical and plumbing building services. The facility is scheduled to begin operations in 2019.
Eni invests $4bn in Zohr gas production processing plant
dailynewsegypt.com 15 Aug, 2016
Eni has invested $3.5-4bn in implementing the Zohr natural gas production processing plant at a capacity of 2.7bn cubic feet of gas per day. The total investments in Zohr field are estimated at $12bn until the point when production begins. Investments will then increase to $16bn over the life of the field. The company targets to connect about 900m cubic feet of gas per day with the national grid by the end of 2017 or in the first quarter of 2018.
Spanish and Korean contractors to build £650m Teesport biomass plant after green light
constructionnews.co.uk 15 Aug, 2016
A consortium of Spanish and Korean contractors will build a new £650m biomass plant in Teesside after the project secured financing. The joint venture between Spain-based Tecnicas Reunidas and Korean firm Samsung Construction & Trading will lead construction on the Tees Renewable Energy Plan at Teesport near Middlesborough. Macquarie, together with Danish pension fund PKA, will become joint owners of the plant under the financing deal. Construction will begin in months, with the plant expected to be operational by 2020.
Central Hudson plans to install 4,100 feet of natural gas lines along Kings Highway in Saugerties in October
dailyfreeman.com 15 Aug, 2016
Installation of 4,100 feet of natural gas lines along Kings Highway in Saugerties, New York is expected to begin in October. Further, an MoU has been signed with Ulster County to provide $95,000 as a grant toward economic development projects rather than as a loan, which was the original intention of the Ready2Go program.
Natural gas pipeline construction approved, will supply FPL
mypalmbeachpost.com 15 Aug, 2016
Federal regulators have given the go-ahead for construction to begin on the southern portion of a $3.2 billion natural gas pipeline slated to supply Florida Power & Light Co.’s South Florida plants. On 12th August, 2016 the Federal Energy Regulatory Commission granted Florida Southeast Connection LLC’s request to start construction. Florida Southeast Connection is the 126-mile southernmost portion of a 685-mile pipeline that originates in Alabama. It will go through Osceola, Polk, Okeechobee. St. Lucie and Martin counties and end at FPL’s Martin County plant near Indiantown.
Bulgaria’s Dreams Trans plans to invest 51 mln euro in logistic centre by 2021
seenews.com 15 Aug, 2016
Dreams Trans plans to invest 51.1 million euro over the next five years in the construction of a logistic centre near the capital Sofia spread over 5 hectares of land. The company plans to build covered warehouses with an area of 2,000 sq. mtrs., open warehouses with an area of 25,000 sq. mtrs. and an office building with an area of 500 sq. mtrs.
Tehran, Moscow to Construct 2 Nuclear Power Plants in Iran
sputniknews.com 14 Aug, 2016
Iran and Russia will construct two nuclear power plants in Iran. Iran needs 20,000 MW of electricity, which requires construction of about 10 nuclear power plants. The Atomic Energy Organization of Iran (AEOI) has prepared plans of construction of the nuclear power plants but it is impossible to build 10 facilities simultaneously – so building two plants in cooperation with Russia is on the agenda.
SMC set to open 2 coal plants
thestandard.com.ph 14 Aug, 2016
SMC Consolidated Power Corp., a unit of San Miguel Corp., is set to start the commercial operations of two coal-fired power plants in Luzon and Mindanao this year. The first unit of the 300-MW coal-fired power project in Limay, Bataan and the first unit of the 300-MW coal-fired facility in Malita, Davao del Sur will start operations before the end of the year. Testing and commissioning of the first 150-MW unit of the P25.5-billion coal-fired power facility in Limay will begin this month, while commissioning of the second 150-MW unit will start in April 2017. Commercial operations of the first unit are expected to start by November, while operations of the second unit will start July 2017. The first 150-MW unit of the P25.8-billion power plant in Davao del Sur is expected to start commercial operations this month, while the second 150-MW unit is targeted to start commercial operations in November.
Iraq starts natural gas processing plant in southeast region
reuters.com 14 Aug, 2016
Iraq started operating a new natural gas processing plant for oil fields in the southeastern region on 14th August, 2016. The plant located in Misan province, on the border with Iran, will process gas associated with crude pumped at the Fakka and Bazargan fields. All Misan fields to be brought on stream in the future will be connected to the plant.
UC Berkeley plans to construct hotel on University Avenue and Oxford Street
dailycal.org 14 Aug, 2016
UC Berkeley will begin construction in late 2017 on an approximately 10-story hotel on University Avenue and Oxford Street, located across from campus in Downtown Berkeley. The hotel may open in 2019, but developers are still in discussion with campus to finalize plans. The hotel will have approximately 200 bedrooms and stand at a maximum of 115 feet tall and the additional plans include accommodations allowing visitors to use parking spaces at a nearby parking facility owned by the campus.
Manali Petro to Invest $5 Mn in Singapore Arm
corporateethos.com 13 Aug, 2016
Manali Petrochemicals, a shell company set up by the bankrupt Southern Petrochemicals and Industries (Spic), has decided to invest $5 million in its wholly-owned subsidiary AMCHEM Speciality Chemicals, a Singapore-based, unlisted, limited exempt company. Tthe Board of Directors of the company has approved the same at its meeting held on 4th August, 2016.
World’s largest hotel to open in Mecca
independent.co.uk 13 Aug, 2016
The ‘Abraj Kudia’, new hotel is set to open in Mecca next year. The building will contain 10,000 rooms and span 1.4 million square metres. It will also contain 70 restaurants, a large shopping mall and a lavish ballroom. The construction of the hotel is set to amount to around £2.7 billion. The hotel’s construction is being funded by the Saudi Ministry of Finance and has been designed by the Dar al-Handasah group, an international project design consultancy.
Kitchener treatment plant upgrades ahead of schedule
therecord.com 13 Aug, 2016
The upgrades to the Kitchener wastewater treatment plant is ahead of schedule. Thw work has been split out over four contracts, with the first already being completed and the second and third underway. The first three contracts have a combined budget of about $185 million. The second contract is expected to be complete this year, and the final two by the end of 2017 and 2018 respectively.
PLN opens tender for four power projects
antaranews.com 13 Aug, 2016
The Indonesian electricity company (PLN) has opened a tender for four power projects which are part of the 35 thousand MW program under an IPP scheme. The four projects of 800 MW in total are Bangka-1 Steam Power Plant with a capacity of 2X100 MW, Kalselteng-3 Steam Power Plant of 2X100 MW, Kaltim-3 Steam Power Plant of 1X200 MW, and Kaltim-6 Steam Power Plant of 1X200 MW. The pre-qualification document will be open from August 1 to 25, 2016. The selected contractors will be developing, financing, building and operating the power plants, under a scheme of Build Own Operate and Transfer (BOOT) for 25 years, as per the Power Purchase Agreement (PPA). In addition, the contractors will also be building transmission lines and facilities, which will be transferred to PLN as special facilities. The four power plants are expected to operate commercially by 2019.
New agri-food research centre in Palmerston North
scoop.co.nz 12 Aug, 2016
A new agri-food research centre will be set up in Palmerston North. As part of AgResearch’s Future Footprint Programme, AgResearch and Massey University are investing $39 million in the Food Science Research Centre and the design for the new buildings is underway. The Food Science Research Centre will be housed alongside the Massey University Institute of Food Science and Technology, the Riddet Institute, and the Massey Food Pilot. Construction is expected to be complete by the end of 2018.
Kogas to promote $1.5 bn LNG project in Mexico
pulsenews.co.kr 12 Aug, 2016
The Korea Gas Corporation (Kogas) is expected to build a Liquefied Natural Gas (LNG) terminal and install gas pipe lines in Mexico that will be worth up to $1.5 billion in a package deal. Kogas has signed an MoU with the state government of Yucatan in southeastern Mexico to build a LNG terminal and gas pipe lines. The LNG terminal will be built in the port city of Progreso in Yucatan, and gas pipe lines will be installed between the terminal to cities such as Merida and Cancun to supply LNG gas.
ABP to invest in new Shropshire packing facility
just-food.com 12 Aug, 2016
The ABP Food Group plans to build a new retail meat packing facility at the site of its existing UK plant in Shrewsbury, Shropshire. The proposed investment including a general ‘upgrading’ of existing facilities, is estimated to cost around GBP20m.
Teesport green power plant construction to begin
bbc.com 12 Aug, 2016
Work on a £650m green power plant on Teesside is due to begin. Site preparation works are set to begin within the next few weeks, with main construction works starting before the end of the year.
Netmagic Solutions To invest $12 to 14 Million for Setting Up Virtual Private Cloud
fabnewz.com 12 Aug, 2016
NetMagic, provider of managed hosting and cloud services is investing over $12 million in its virtual private cloud offering. The company is seeing greater traction from the manufacturing and the information technology sectors for the offering and it expects to grow at a compounded annual growth rate of over 75% over the next three years.
Total to invest US$2 billion in Qatar
osjonline.com 12 Aug, 2016
Total intends to invest more than US$2 billion in Qatar. The company has won a 30 per cent stake to operate Qatar’s largest offshore oil field in an international tender. It will take over operations from existing field operator Maersk Oil in July 2017. The other 70 per cent of the concession will be owned by state firm Qatar Petroleum.
Japan to invest $2.4bn in Philippines railway
gulf-times.com 12 Aug, 2016
Japan is pouring a massive $2.4bn into a new railway in the Philippines aimed at easing Manila’s notorious gridlock. The 38-kilometre (24-mile) elevated commuter line will connect Manila to nearby Bulacan province to decongest the capital and help spur economic activity.
Heinzel Group to invest over Euro 100 million in Laakirchen paper mill in Austria
lesprom.com 12 Aug, 2016
The Supervisory Boards of Laakirchen Papier AG and Heinzel Holding GmbH approved the extensive investments for the expansion of the Laakirchen paper mill in Austria involving total spending of over Euro 100 million. The investment programme consists of two elements. Firstly, the paper machine 10 is to be converted to produce lightweight containerboard using wastepaper as fibre base. Secondly and simultaneously, the production capacity of the paper machine 11 producing SC paper for magazines, catalogues and commercial print will be extended considerably.
Cristiano Ronaldo’s 2nd hotel to open in Lisbon on August 16
oneindia.com 12 Aug, 2016
The second Pestana CR7 hotel is scheduled to open in Lisbon on 16th August, 2016. The new hotel will have 82 rooms including 23 CR Room, 50 CR Superior, 5 CR Superior Corner and 4 CR Superior Rooftop as well as a suite CR7.
Des Moines hospital plans $500M expansion
newsobserver.com 12 Aug, 2016
A Des Moines hospital plans to expand with the construction of an 11-story hospital tower, a parking garage and a parking lot. The Mercy Medical Center overhaul will cost as much as $500 million. The expansion will take shape over the next five to eight years and will consist of four primary projects. Along with the new tower and parking garages, the renovation will include a new power plant on the west side of the medical campus. The Plan and Zoning Commission is scheduled to discuss the project during its on 18th August, 2016 meeting.
New gas chemical complex to appear in Kazakhstan
azernews.az 12 Aug, 2016
Kazakh United Chemical Company will build integrated gas chemical complex in Atyrau region. The complex will process gas from Tengiz field and produce polyethylene, which is widely used in in construction, medicine, engineering, the packaging industry, household goods manufacture, etc. The project will cost $2.6 billion, Samruk- Kazyna plans to attract debt financing for its construction. Moreover it is planned to build gas turbine power plant with 310 MW capacity, technical gases complex and water processing facility next to the integrated gas chemical complex.
China’s Jumor E-Commerce opens up new platform for Zimbabwean Business
africanbrains.net 12 Aug, 2016
The Chinese company Jumore E-Commerce has opened up a new door for Zimbabwean businesses to come to Jumore, ZimTrade e-commerce platform and show off their products and services. The aim of the platform is to promote products and services and open up investment opportunities for Zim business’s. The ZimTrade, e-commerce platform is becoming quickly established with over ten countries including the US and UK already involved and a target goal of 60 by the end of 2016.
3 offshore fields in Ghana to produce first oil next week
pennenergy.com 12 Aug, 2016
Tweneboa, Enyema and Ntomme fields, known as TEN are expected to produce their first oil next week. The fields will start daily production at 23,000 barrels and the peak will be 80,000. The project valued at $4 billion is a joint partnership between Tullow Oil, Kosmos Oil, Anadarko Petroleum Corporation, Ghana National Petroleum Corporation, and PetroSA.
Kenya: Gov’t approves plan to create oil infrastructure
pennenergy.com 12 Aug, 2016
Kenya’s government has approved a plan to produce between 2,000 and 4,000 barrels a day of crude oil in an effort to exploit the country’s oil production potential. The infrastructure will be upgraded to allow trucks to ferry the oil to the country’s main port in Mombasa. The Cabinet also approved the development of a pipeline from the exploration fields in the country’s north to Lamu, where Kenya is constructing a second port, which in the future will be the main source of transportation for crude oil from Kenya. The pilot scheme has the potential to deliver up to 2,000 barrels per day in the second half of 2017.
APM to set up automotive seats JV in Vietnam
thestar.com 12 Aug, 2016
APM Automotive IndoChina, has signed a JV agreement with Tachi-S Co’s unit Tachi-S (Thailand) Co to carry out the business in the republic for the original equipment manufacturers. Tachi-S (Thailand) is a wholly-owned subsidiary of Tachi-S Co, a Japanese automotive seat system company that is a JV partner with one of APM’s subsidiaries in Malaysia. APM Automotive IndoChina will hold 49% in a new JV firm to be incorporated in Vietnam under the proposed name APM Tachi-S Seating Systems Vietnam Co, which will have an investment capital and charter capital of US$2.5mil.
Work on Hebburn Aldi store set to begin next year
shieldsgazette.com 12 Aug, 2016
Construction work for a new Aldi supermarket in Hebburn, South Tyneside is set to begin next year. Plans for the new store has been approved in December 2015. As of now, the preliminary site preparations are underway.
Ontario Invests $3.7 Million to Expand Farming in the North
news.ontario.ca 12 Aug, 2016
Ontario is providing $3.7 million to help increase farm production in the Northeast as part of the government’s plan to build a more diverse economy in the North. Through the Northern Ontario Heritage Fund Corporation (NOHFC), the government will invest in four projects run by consortiums of farmers. The projects, involving 76 farmers in total, include clearing land to bring new farmland into production and installing tile drainage systems on new or existing farmland to remove excess water, leading to larger and healthier crops.
China’s Sun Art to invest 1 bln yuan in e-commerce development
financialexpress.com 11 Aug, 2016
Sun Art Retail Group plans to invest 1 billion yuan in e-commerce development over the next two years. Sun Art, which competes with China Resources and Wal-Mart Stores Inc on the mainland, posted a 2.7 percent decline in first-half profit as it faced intense competition from fast growing e-commerce platforms.
Zalando to invest €200 million in Poland-Puls Biznesu
wbj.pl 11 Aug, 2016
Zalando will open a logistics center in Gryfino, Northwestern Poland at an investment of €200 million. The company will open the 130,000 sqm facility on 21.5 hectares of land it will buy in the Kostrzyn–Slubice Special Economic Zone.
Tenneco to open new facility in Spring Hill
wkrn.com 11 Aug, 2016
Tenneco is opening a 117,000 square foot, new clean air manufacturing plant facility near the General Motor’s Spring Hill assembly plant. The plant is scheduled to begin production in late 2016.
Louisville Plate Glass Opens New Production Facility
lex18.com 11 Aug, 2016
Louisville Plate Glass, manufacturer of architectural window and building-panel glass, has opened a $5 million, 60,000-square-foot production facility at 4301 Chefs Way in Newburg, Kentucky. The facility adds glass-tempering line, a high-capacity automated cutting line, and water-jet fabrication, enabling production of heavy glass doors and fabricated shower enclosures
Scania dealer Haydock plans new facility near Warrington
commercialmotor.com 11 Aug, 2016
Haydock Commercial Vehicles is constructing a new head office near Warrington. The dealership, which covers the Preston, Liverpool, Warrington, Chester and North Wales areas, has submitted plans for nine work bays at the facility on a 3.25-acre green field site at the Omega North business park. After building work finishes in late 2017 the company’s existing site in Haydock will relocate to the new premises.
Tadmax gets RM170mil banking facility
thestar.com.my 11 Aug, 2016
Tadmax Resources Bhd’s wholly-owned subsidiary, Wawasan Metro Bina Sdn Bhd, has received a banking facility worth RM170 million granted by United Overseas Bank (M) Bhd (UOB). The facility will be used to finance the proposed development of 1,512 units of condominium in Taman Metropolitan Kepong in Kuala Lumpyr.
Southeastern Electric Cooperative is introducing new solar facility
durantdemocrat.com 11 Aug, 2016
Southeastern Electric Cooperative (SEC) has broken ground on a two-acre, 250 KW photovoltaic solar facility on Highway 70 Eastadjacent to its headquarters. This state-of-the-art facility consists of approximately 950 photovoltaic panels measuring 30 x 60 inches and rated at 310 watts each, and will be capable of producing nearly 500,000 kilowatt hours of electricity annually. The solar electricity will feed right into SEC’s distribution system; providing for an offset of certain costs that are associated with fossil fuel generation.
Magnolia seeks $15 million to expand sewer treatment plant
communityimpact.com 11 Aug, 2016
The City of Magnolia is looking to build a $15 million sewer treatment plant that will service 2 million gallons of water each day. The council has already approved the design of a state-of-the-art facility. The city may receive the permit for building a new plant in January 2017. Construction may begin next summer and will take about two and a half years if the city receives financing for the project.
PGE to spend $472m in coal power plant modernisation
powerengineeringint.com 11 Aug, 2016
PGE estimates it will have to spend up to $471.96m by 2020 to upgrade its coal-fired power stations. The company has to upgrade its power stations so that they meet the reduction requirements imposed by the Industrial Emissions Directive (IED), effective by around 2021.
ADB loans US$128mn for water in Sri Lankan capital
economynext.com 11 Aug, 2016
The Asian Development Bank (ADB) is giving Sri Lanka another loan of $128 million to fund safe water and waste water management in the Sri Lankan capital Colombo and suburbs. The ADB loan agreement with the Government of Sri Lanka signed on 11th August, 2016 is the third tranche loan for phase three of the Greater Colombo Water and Wastewater Management Improvement Investment Program.
UC Berkeley to build 10-story hotel at University, Oxford
berkeleyside.com 11 Aug, 2016
UC Berkeley is negotiating with a developer to construct a 200-room, 10-story hotel on the northwest corner of University Avenue and Oxford Street. The university issued a Request for Proposal (RFP) for the project in 2015 and received seven responses. The university narrowed that down to a finalist, with whom it is negotiating. The developer will be expected to design, finance and build the hotel. The hotel is scheduled to get opened by 2019.
Port Washington State Bank to build seventh branch in Thiensville
bizjournals.com 11 Aug, 2016
Port Washington State Bank will build a branch in Thiensville. Construction on the 3,650-square-foot, full-service facility will begin in October 2016 & expected to open in May 2017.
Ethiopia to construct four integrated agro-industry parks
waltainfo.com 11 Aug, 2016
The construction of four integrated agro industry parks will be launched in Humera, Bure, Ziway (Batu) and Sidama zone as of next Ethiopia fiscal year. The feasibility study has been completed and investors being identified who will be engaged in the sector. Local investors will take part in the construction of the parks scheduled to commence as of next October. About 80 percent of the parks will be occupied by local investors, mostly by farmers and small enterprises. The remaining 20 percent will be given for foreign investors.
EC invests $209m in first Estonia-Finland natural gas pipeline project
transportationandstorage.energy-business-review.com 11 Aug, 2016
The European Commission has allocated $209.7m for the construction of gas pipeline (144 km) between Finland and Estonia. Planned to be built jointly by Baltic Connector and Elering, the pipeline will link the Finnish gas grid to the Baltic States, and further to Poland. The project is scheduled to be commissioned by December 2019.
Siemens continues Egypt power project
heavyliftpfi.com 11 Aug, 2016
The modules for the first Heat Recovery Steam Generator (HRSG) for the Siemens mega project in Egypt have been loaded at the Port of Ulsan, South Korea for their journey to the Beni Suef power plant. NEM, as part of Siemens, is delivering a total of 24 HRSGs for this mega project, which includes three 4.8 GW turnkey combined cycle power plants in Beni Suef, Burullus and New Capital. In total, eight boilers will be installed in each plant. The overall NEM project scope for the three combined cycle power plants include engineering, manufacturing and delivery of 24 vertical triple-pressure reheat once-through HRSGs.
Vattenfall acquires Global Tech II wind project in Germany
wind.cleantechnology-business-review.com 11 Aug, 2016
Vattenfall has acquired the Global Tech II wind farm in the German North Sea from Strabag and Etanax. The project will feature about 79 turbines in an area of 47 square kilometres. The total capacity and the wind turbine models have not been finalised for the project, which could feature 5 MW turbines. These decisions will be taken once capacity contract through the tender process is obtained. It is estimated that the total capacity of the project could range between 395 MW and 553 MW. The first auction will be held in March 2017 and the second auction in March 2018
PNE Wind preps 400-MW project for German offshore wind tender
renewables.seenews.com 11 Aug, 2016
PNE Wind AG is getting ready to take part in next year’s offshore wind tender in Germany with the 400-MW Atlantis I project in the North Sea. New details on Atlantis I and its participation in the 2017 tender are not revealed.
Adidas to open shoe factory in Atlanta in 2017
retail.economictimes.indiatimes.com 11 Aug, 2016
Adidas will open a new factory near Atlanta in 2017. The company has already started work at a similar factory in the southern German town of Ansbach. The two factories are each expected to produce half a million shoes for running and other categories in the medium term.
Proposed Project to Expand Gulf of Mexico Port Capacity
rigzone.com 11 Aug, 2016
A new deepwater port project planned for Louisiana aims to complement existing Gulf Coast infrastructure to service the oil and gas industry. The Port Cameron project will allow for faster deployment of supply vessels, support and emergency services for Exploration and Production (E&P) activities in the U.S. Gulf of Mexico. HBW is working with Port Cameron LLC to identify and secure customers for the new port. These customers include inventory management, rig support, transportation management and bonded warehouse and crew support.
Grand Island to add another second hospital
nbcneb.com 11 Aug, 2016
The Hall County Regional Planning Commission has approved a rezoning plan that will bring a second hospital in the City of Grand Island. The $120-million project will bring in a new, four-story hospital, that will have the capabilities to expand two more stories. In addition to a new hospital, the developers also plan to build a medical office building and a hotel with a conference center.
Metro Retail to invest P10 B to double network
philstar.com 10 Aug, 2016
Metro Retail Stores Group Inc. (MRSGI) is pouring in P10 billion to double the size of its network in the next five years. The plan is to increase the network to 800,000 square meters in terms of Gross Floor Area (GFA). The company has already secured about 40 percent of the target, which will open in the next two years. In the first half, MRSGI has added 30,000 sqm of GFA, bringing its store network to 49 covering 24 supermarkets, 13 hypermarkets and 12 department stores.
NetComm sets up US R&D facility
itwire.com 10 Aug, 2016
NetComm Wireless has ramped up its US market expansion with the establishment of its first Research and Development (R&D) facility in Sunrise, Florida. The new R&D will allow the company to meet the specific needs of US-based customers and partners, while strengthening the product design, development and testing capabilities.
Albany manufacturer to expand, create 35 new jobs
pilotonline.com 10 Aug, 2016
Centrotherm Eco Systems, maker of polypropylene flue gas venting systems is moving into a new, expanded manufacturing facility in Albany. The state will provide a grant of up to $100,000 to help fund the purchase of new equipment. In return, the company is to create 35 new jobs, retain 11 current jobs and invest $1 million or more into upgrades.
Finbar Group Ltd gets approval for Perth residential project
proactiveinvestors.com.au 10 Aug, 2016
Finbar Group has received development approval for a residential project valued at $55 million at Springs Rivervale in Perth. The 10-storey ‘Arbor South’ project will comprise a mix of 132 one and two bedroom apartments with views to the Crown Perth and the new Perth Stadium. The Arbor South land has been purchased from LandCorp through a 50-50 joint venture entity whereby Finbar will share equally in the profits and receive a project management fee. The building will feature shared amenities including a 16 metre solar heated swimming pool, outdoor barbeque facilities, gym, sauna, residents lounge, games room and gardens.
298 power distribution stations set up in the second quarter
thepeninsulaqatar.com 10 Aug, 2016
Qatar General Electricity and Water Corporation (Kahramaa) set up 298 new electricity distribution stations and removed around 9.33 km of overhead lines during the second quarter of this year. The Electricity Control Centre Management extended 296.75 km of underground cables with an estimated capacity of 287.4 to support the medium voltage network. The centre issued 1658 permits for maintenance works, station constructions and repairing damage and it also issued 1,557 permits for checking and choosing missions and electrical equipment for medium voltage network.
LeEco to invest $1.8 bn in electric car factory in China
thehindubusinessline.com 10 Aug, 2016
Le Holdings Co (LeEco) will invest $1.8 billion to build an electric car plant in two phases in eastern China with eventual annual production capacity of 400,000 cars. The new production facility will be part of a larger project to build an ‘Eco Experience Park’ that will cost 20 billion yuan in total that will also include an entertainment park, facilities for internet-connected electric cars and offices.
Avino commences construction of new Tailings Storage Facility
finance.yahoo.com 10 Aug, 2016
Avino Silver & Gold Mines has commenced the construction of the new Tailings Storage Facility (TSF) at its Avino property located in Durango, Mexico. The new TSF is being constructed by Desarrollos ROD, S.A. de C.V. and it will cover 21 hectares, will be able to store 7.5 million tons of wet tailings. The TSF will be built in 4 stages; the first 2 stages, which are expected to take approximately 6 months to complete, have an estimated cost of US$2.2 million and will provide enough capacity for 6 operating years. Stages 3 and 4, which can be built at any time in the future, will cost US$624,000 and will provide enough storage for an additional 8 years of operations.
Equate unit starts work on new facility in US
tradearabia.com 10 Aug, 2016
Equate Petrochemical Company’s wholly owned subsidiary MEGlobal has launched the work on a new Ethylene Glycol (EG) manufacturing facility in Freeport, Texas, US. The new facility, to be completed during 2019, will increase Equate’s Mono Ethylene Glycol (MEG) capacity by 750,000 metric tonnes annually and will enhance the company’s global presence to meet customer needs.
Fresh Del Monte to build mega avocado packing facility
freshplaza.com 10 Aug, 2016
Fresh Del Monte Produce is preparing to expand its business in Mexico by building the avocado packaging plant, which is set to be completed by 2017. The total sales of the company reached US$1.08 billion during the second trimester of 2016.
Sentara proposes $35 million expansion of Princess Anne Hospital
pilotonline.com 10 Aug, 2016
Sentara is applying for state approval of a $35 million expansion of its Princess Anne hospital. The expansion will add 14 medical and surgical beds to the hospital in a two-story addition. Sentara will like to open the additional beds in March 2018 if the application is approved by state health officials.
Frozen bakery products company to build facility in Pennsylvania
bakingbusiness.com 10 Aug, 2016
Lebanon Valley Cold Storage and Distribution Center will build a facility on a 22.83-acre site in the Lebanon Rails Business Park in Lebanon, Pennsylvania at an investment of $38.7 million. A 120,000-square-foot frozen, refrigerated warehouse with a production area comprises the first phase of construction, which shall be completed early in 2017. The second phase will add 180,000 square feet for bakery operations, including at least three production lines for baked foods and storage space.
Jannah Hotels and Resorts to expand in Ras Al Khaimah
thenational.ae 10 Aug, 2016
Jannah ¬Hotels and Resorts expect to expand in Ras Al Khaimah this year. The company expects to manage 100 hotel apartments and 24 villas of three to five bedrooms called the Jannah Resort and Villas in December. The development is located in Rak Properties’ seafront Mina Al Arab project. In 2020, Jannah Hotels and Resorts also expects to open a mixed-use high-rise tower in Sharjah that will include retail space, offices, hotel apartments and a hotel and it will be owned by the Bin Rubayeh Group.
Gadsden Fehrer plant announces $12 million expansion, adding 150 jobs
al.com 10 Aug, 2016
Fehrer Automotive will expand its Gadsden plant next spring, producing a $12 million line which will add about 150 jobs. The expansion shall be completed by the second half of next year. The company manufactures seats for cars and it serves several automobile manufacturers, such as Volkswagen, CVG, Ford, Mercedes Benz, Chrysler and Tesla.
Apopka to spend $50 million to upgrade wastewater treatment plant
wftv.com 10 Aug, 2016
The City of Apopka is preparing to spend $50 million to upgrade its wastewater treatment plant. The current wastewater treatment plant is capable of treating 4 1/2 million gallons of wastewater each day. The project is scheduled to get completed by March 2019.
McInnis Cement breaks ground on US cement terminal
cemnet.com 10 Aug, 2016
McInnis Cement officially broke ground at the new cement company’s first US terminal in the Port of Providence. The overall cost of the project is expected to reach US$22m when completed by year-end. Construction will begin shortly on the existing ProvPort warehouse, which will be transformed into a world-class receiving and storing facility. The company will also build a modern rail and truck station for loading purposes.
Kobe Steel’s U.S. aluminium extrusion company breaks ground on new plant in Kentucky
aluminiumtoday.com 10 Aug, 2016
Kobelco Aluminum Products & Extrusions Inc. (KPEX), a subsidiary of Kobe Steel has broken ground on its production facility on 9th August, 2016 in Bowling Green, Kentucky, USA. KPEX will manufacture and sell aluminium bumper beam material and car frame material for the automotive industry in the United States. Fabrication operations will begin in the second half of 2017 and the melting to extrusion processes will begin in the second half of 2018.
Wolfgang Candy to open plant in Loganville
ydr.com 10 Aug, 2016
Wolfgang Candy Co. plans to open a candy-making plant in Loganville by the end of the year. The company bought building earlier this week at 122 North Street. The purchase is part of a broader expansion by Wolfgang, which also includes modifying the plant in North York where it makes molds for candy bars and chocolate pieces.
Huge seafood plant planned for Weyerhaeuser property
bizjournals.com 10 Aug, 2016
Orca Bay Seafoods will build a 68-foot-tall food-processing plant on a portion of Weyerhaeuser’s former property in Federal Way. The company has applied for a permit for the project, which will total nearly 314,500 square feet and have parking for 310 cars and 35 truck trailers on the forested area of the campus.
Azizi announces Dh350m Al Furjan project
gulfnews.com 10 Aug, 2016
Azizi Developments announced on 10th August, 2016, a Dh350 million serviced apartment project in Al Furjan near Jebel Ali. ‘Roy Mediterranean’ will be service apartments consisting of 272 units. The completed G+7 furnished apartments with 224 studios, 47 one-bedroom units and P2 parking will span over 2.6 hectares.
REH commissions 4.5-MW Stortemelk small hydro project in South Africa
hydroworld.com 10 Aug, 2016
Renewable Energy Holdings has begun commercial operations of its US$14.3 million, 4.5 MW Stortemelk hydropower plant. Civil works of the plant are performed by Eigenbau, with Aurecon South Africa serving as contractor, and Andritz Hydro and Indar Electrical SL providing equipment. The project has been completed in 18 months.
State-Owned Builder PP to Invest Rp 60t in Power Plant Projects Until 2020
jakartaglobe.beritasatu.com 09 Aug, 2016
PP, better known as PTPP, plans to invest Rp 60 trillion in electricity power plant generation projects. The firm plans to develop power plants with a total capacity of up to 4,000 MW in the next four years. In a bid to realize its ambition, PTPP has set a target to invest in 1,200 MW power plants next year. The company is eyeing a tender project from company Pursahaan Listrik Negara for a gas-fired power plant.
Cadillac company to expand, add 125 jobs
upnorthlive.com 09 Aug, 2016
Michigan Rubber Products, manufacturer of rubber auto components, will expand its Cadillac operations, making investments in new equipment and a new building that will connect its current buildings, generating a total capital investment of $4.3 million and create 125 jobs. As a result of the expansion, the project has been awarded a $600,000 Michigan Business Development Program performance-based grant.
KBL Mining Ltd completes milestone to expand gold mining at Pearse North
proactiveinvestors.com.au 09 Aug, 2016
KBL Mining has submitted the Statement of Environmental Effects for the Pearse North gold deposit located within the Mineral Hill project in central west New South Wales. This document represents the final major work required to support regulatory approval for the commencement of mining at Pearse North. Approval for Pearse North development are expected to be received in late 2016.
Australia to invest AUD11m in energy, water management in Pakistan
tribune.com.pk 09 Aug, 2016
The Australian government will continue assisting Pakistan over the next four years in dealing with water, food and energy security issues. Australia will invest AUD11 million in phase-II of the Sustainable Development Investment Portfolio (SDIP), which is focused on improving energy and water management in the Indus Basin.
Statoil to Invest $414 Million in Norway, U.K. Utgard Field
bloomberg.com 09 Aug, 2016
Statoil ASA submitted a development plan for the Utgard natural-gas and condensate field on the maritime border between Norway and the U.K. in the North Sea with investments estimated at $414 million. Production, which will be processed through the Sleipner platform, is expected to start at the end of 2019.
Coca Cola to Invest £14m in Northumberland Plant Development
memuk.org 09 Aug, 2016
Coca Cola is set to invest £14 million into the development of its manufacturing site in Morpeth, Northumberland. Once redeveloped, the site will be able to send out four million cases of water each year from the facility. The fresh investment will also fund the production of a new sports cap format for the brand.
JSP to invest in additional capacity for ARPRO material
britishplastics.co.uk 09 Aug, 2016
JSP, manufacturer of ARPRO, a lightweight, expanded polypropylene bead foam material, is set to increase capacity following strong growth. The additional 10.5 kt/a of capacity, which will be on-stream in 2018, will be located at its existing site in Cheb, in the Czech Republic, taking the ARPRO capacity in EMEA to 37.0 kt/a.
Olymel to invest C$80M in Yamachiche pork plant
meatpoultry.com 09 Aug, 2016
Olymel LP plans to increase production at the company’s ATRAHAN hog slaughtering and processing plant in Yamachiche at a cost of C$80 million. The project includes redevelopment of the hog receiving area and expansion of the slaughtering section, cold rooms and the butchering room, storage areas, shipping and service areas as well as water treatment facilities. Niche products processed at the plant include chilled pork, Mugifuji pork and Nagano pork and featured Lucyporc brands as part of a partnership with Groupe Robitaille which has a 50 percent stake in Lucyporc. The plant expansion is expected to be complete within three years.
Gravity Renewables acquires 2.78-MW Wyre Wynd small hydro facility in Connecticut
hydroworld.com 09 Aug, 2016
Gravity Renewables has acquired then 2.78 MW Wyre Wynd small hydro facility on the Quinebaug River in Jewett City, Connecticut. Gravity Renewables is an owner, operator and developer of small hydroelectric power plants. The company has more than 30 MW of hydro operating and under development across the United States.
Agilent Technologies to Build New Facility in Colorado, Increasing Pharmaceutical Manufacturing Capacity
businesswire.com 09 Aug, 2016
Agilent Technologies Inc. has acquired 20 acres in Weld County, Colorado, on which it plans to build a pharmaceutical manufacturing facility. The expansion will enable the company to more than double its commercial manufacturing capacity for nucleic acid active pharmaceutical ingredients.
SDK to expand VGCF(TM) production capacity for use in automotive LIBs
automotiveworld.com 09 Aug, 2016
Showa Denko (SDK) has decided to expand production capacity for VGCF(TM): carbon nanofiber added to cathodes and anodes of lithium ion batteries (LIBs) to improve electrical conductivity. SDK will gradually increase its VGCF(TM) production capacity at Kawasaki Plant, Kanagawa Prefecture, from 200 TPA at present to 300 TPA by the end of 2017.
Polar Seafood opening Norway whitefish, crab plant
undercurrentnews.com 09 Aug, 2016
Polar Seafood will officially open its second seafood processing plant in Kjolleford, Northern Norway. The plant will initially produce 5,000 metric tons of fish per year and will expand to as much as 10,000t annually and it is also able to process crab. The plant will begin production in September 2016 and be fully operational by January 2017.
China Gezhouba Group signs deal to construct 35-MW Xelanong 2 hydropower project in Laos
hydroworld.com 09 Aug, 2016
The China Gezhouba Group Corp. has signed an agreement with the Laotian government to develop the US$72 million, ‘Xelanong 2′ 35 MW hydroelectric plant in Laos’ southern Salavan province under build-operate-transfer model. The construction of the facility is expected to take about 40 months.
China funding new multi-million dollar Dominica hospital
jamaicaobserver.com 09 Aug, 2016
Dominica has launched the construction of an EC$40 million, National Hospital. The new hospital is being built on the same site at the present Princess Margaret Hospital, at goodwill, on the outskirts of the capital. The construction of the hospital by a Chinese firm, forms part of the four-pillar projects agreed to in an MoU between the two governments when they re-established diplomatic relations in 2004.
Codarus to expand in Las Vegas
homeaccentstoday.com 09 Aug, 2016
Codarus is expanding and moving into an 11,000-sq.-ft. showroom at World Market Center, Las Vegas in time for the January 2017. The new showroom will be located on Floor 3 of Building C, anchoring the better goods and home décor floor. The Codarus showroom features furniture, lighting, bedding, rugs, art and accessories.
PJM Board Approves $636 Million Investment in Transmission Projects
prnewswire.com 09 Aug, 2016
The PJM Interconnection Board has authorized more than $636 million in electric transmission projects to strengthen the grid. It involves upgrades at existing substations, two new substations, two new transmission lines and improvements to existing lines. The expected in-service date is 2020. The project will be constructed principally by Transource Energy, LLC (an AEP affiliate), Baltimore Gas & Electric and Allegheny Power.
Algonquin Power brings 200 MW Minnesota wind project fully-online
canadianmanufacturing.com 09 Aug, 2016
Algonquin Power & Utilities Corp’s US$330 million, 200 MW wind project in Southwest of Minneapolis, Minnesota has reached full commercial operation. The site incorporates 100 Vestas V110-2.0 MW turbines that will generate clean power under a 20-year power purchase agreement with a subsidiary of U.S. utility Xcel Energy.
Damac to unveil new hotel apartments in JVC
constructionweekonline.com 09 Aug, 2016
Damac is set to launch its new 33-storey, Tower 108, a collection of serviced hotel apartments located in Jumeirah Village Circle (JVC). To be operated by Damac Maison de Ville, the hotel apartment units present a lucrative investment opportunity with potential for high returns.
Selbyville will get new $2 million water treatment facility
delaware1059.com 08 Aug, 2016
A new water treatment facility is in the works for Selbyville, United States. Emergency grants have been awarded to the town that will cover the cost of building the new facility.
Sh176 Billion to Expand Aga Khan Hospital
allafrica.com 07 Aug, 2016
The Aga Khan Hospital in Tanzania is implementing an Sh176 billion expansion project. The hospital will increase the number of beds from 74 to 170 and has set aside Sh3 billion for training young health professionals abroad and it will acquire cutting edge medical equipment
Cotabato farmers get P41-m rubber processing plant
thestandard.com.ph 08 Aug, 2016
The government has established a P41-million, rubber processing plant in Banisilan, North Cotabato, raising hopes among rubber planters for processed rubber products and bigger market opportunities. Japan International Cooperation Agency (JICA) has funded the project.
Uzbek-Chinese joint venture launches cement plant in Karakalpakstan
timesca.com 08 Aug, 2016
The Uzbek-Chinese joint venture Titan-Cement has put into operation a large cement plant in Karakalpakstan region. The overall cost of the project exceeded $25 million. The new plant is looking to export its products to neighboring Kazakhstan, Turkmenistan and Afghanistan, while the majority of the output will remain in Uzbekistan to satisfy the internal market.
Stadtwerke Munchen, partners to build new wind farm in Norway
af.reuters.com 08 Aug, 2016
German’s Stadtwerke Munchen and Norwegian power companies Eidsiva Energi and Gudbrandsdal Energi have decided to invest 1.4 billion crowns in a new wind power park in Norway. Stadtwerke Munchen, fully owned by the City of Munich, has 60 percent in a joint venture that will own the park, while the two Norwegian companies will have 20 percent each. The wind power park is expected to start operations in 2018.
Turkey’s Aksa to build 120MW power plant in Madagascar
aa.com.tr 08 Aug, 2016
Aksa Energy plans to construct a 120 MW fuel-oil electricity generation plant in Madagascar, Africa. To realize the project, the company has partnered with a local energy firm operating in the country and located in Mauritius to form a new company. The newly-founded Aksaf Power will hold 58.35 percent of the shares of the new company while the other 41.65 percent will belong to the local partner; Jiro Sy Rano Malagasy (Jirama). In accordance with the MoU, construction of the plant will start once both companies in the partnership receive advanced payment and have completed the prerequisite guarantees for the project. The construction is expected to begin in the last quarter of 2016 while the electricity selling process will start in 2017. Aksa Energy will provide the technical equipment for the project.
Hill wins $43m contract renewal on Doha Metro
constructionweekonline.com 08 Aug, 2016
Hill International has won a 30-month extension from Qatar Railways Company to oversee construction of the Doha Metro Green Line. Hill is leading project management of the Green Line in a joint venture with ASTAD Engineering Consultancy and Project Management Company. The joint venture will pocket $43.1m from the extended contract with Hill taking an 80% share of the total figure. The Green Line will include 11 stations over approximately 22km (14 miles) and is expected to accommodate 140,000 passenger trips per day by 2021.
Brenntag to invest GBP 50 million in UK over 5 years
business-standard.com 08 Aug, 2016
Brenntag, the chemical distribution firm, will invest over GBP 50 million over the next five years in the UK operations. The focus will be on the life science sector, especially the food as well as the pharmaceutical and cosmetics sectors.
Iran, Azerbaijan to set up car manufacturing plant
tradearabia.com 08 Aug, 2016
Iranian and Azerbaijani officials recently broke ground for a joint venture car manufacturing project in Neftchala Industrial Region, Azerbaijan. The production capacity of the plant, jointly run by Iran Khodro and Euro Car of Azerbaijan Republic Company, is expected to be 10,000 sedan cars per year. An investment of $15 million will be made in the auto-manufacturing plant of which 25 per cent will be borne by Iran Khodro Company. The plant will be commissioned in 2018.
Serbia’s Sinterfuse to invest 2.5 mln euro in Uzice factory
seenews.com 08 Aug, 2016
Sinterfuse DOO, an automotive industry supplier plans to invest 2.5 million euro in a factory in the western city of Uzice. The company, which operates in the field of non-ferrous metals casting, has promised to create at least 100 jobs in the next three years and has agreed a state support of 315,000 euro.
Werk Property Group to invest EUR 30 million in an office project in Timisoara
business-review.eu 08 Aug, 2016
Werk Property Group will invest EUR 30 million in Vox Technology Park development, an office project A class, with a surface for rent of 26,000 sq. mtrs, which will be delivered at the end of next year. Vox Technology Park will be formed of two building, with ten, respectively seven floors, following a BREEAM certificate. Currently, the project construction is in development on the ground floor. The foundation and the underground floor have already been finished.
Wisconsin molder breaks ground on advanced manufacturing facility
plasticstoday.com 08 Aug, 2016
SussexIM has broken ground on its new, 158,000 square-foot advanced manufacturing facility. Operations at the new facility are expected to begin March 2017 and will serve as a close-by adjunct to the company’s Sussex headquarters, fully integrating custom injection molding, blowmolding, assembly, decoration and fulfillment operations.
Magnolia Advanced Materials expands into new facility
compositesworld.com 08 Aug, 2016
Magnolia Advanced Materials Inc. has completed move-in into its new, larger manufacturing facility, located on Northeast Expressway in Atlanta, Georgia. The new plant, 114,176 sq. ft on 11.27 acres, includes railroad access and 11 truck docks. Other amenities include: 7,700 sq. ft R&D lab, 1,440 sq. ft QC lab, 48,000 gallons of raw resin storage, two 1,400 sq. ft cooler/freezer rooms for products requiring temperature control, two 1,435 sq. ft hot rooms for managing resin viscosity, formulation and mixing rooms with dispensers, de-airing pumps and a reactor section, maintenance and welding shop, dust collection and control, state-of-the-art data center, 13,957 sq. ft of administration space.
ND Food Processing Facility Kicks Off $30 Mil. Expansion
powderbulksolids.com 08 Aug, 2016
AGT Foods, supplier of pulse crop food products, held a dedication ceremony for a $30 million expansion of its Minot, ND food processing plant on 5th August, 2016. The expansion will add 33,000 additional sq. ft to the facility and about 20 jobs.
Oman’s TMK GIPI completes facility expansion
tradearabia.com 08 Aug, 2016
TMK Gulf International Pipe Industry (TMK GIPI) is in the final stages of completing its mill expansion for the manufacturing of smaller size pipes used for oil and gas well delivery, which are currently sourced from overseas markets. The modernisation and expansion of the mill underscores TMK GIPI’s commitment to In-Country Value (ICV) development.
China Jo-Jo Drugstores (CJJD) to Expand Number of Retail Pharmacies to 100
streetinsider.com 08 Aug, 2016
China Jo-Jo Drugstores, Inc. plans to expand the number of its retail pharmacies to 100 over the next twelve months. These additional retail pharmacies will be located in Hangzhou, and will be a mixture of new stores and rebranded ones.
CIP and BWSC invest £160m in UK biomass power plant
bioenergy-news.com 08 Aug, 2016
The Copenhagen Infrastructure II fund and Burmeister & Wain Scandinavian
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