Shell partners with key service provider to accelerate energy transition and reach net-zero carbon emissions

Key Insights and Signals in Industrial

Centre Setup and Expansion  
KION Group to build a new warehouse technology plant in China 
The new factory for the Supply Chain Solutions segment will manufacture Dematic Multishuttle racks, welded components for automated guided vehicle systems, and conveyor belts and systems. Read More>>
Munters builds a new factory to meet the demand for EV batteries 
The company will mainly produce its dehumidification system DSS Pro at the new factory, which offers key energy-saving features specifically designed for the battery, pharmaceutical, and food industries. Read More>>
Saint-Gobain announced USD 400 Mn expansion at four roofing, insulation, and gypsum plants 
The company will invest in expanding its production capacity at four key manufacturing locations in the United States to serve its customers in a high-growth environment better. Read More>>
Plug Power opens hydrogen and fuel cell innovation center gigafactory in Monroe County 
It is New York’s first and largest fuel cell and electrolyzer manufacturing gigafactory and is expected to create almost 380 new jobs in Monroe County. Plug Power deployed over 50,000 fuel cell systems for e-mobility and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Read More>>
Deal and Deal Renewal 
Aker Solutions gets a contract from Chevron for work offshore in Australia 
Aker was awarded a contract from Chevron Australia to provide the subsea umbilicals for the Jansz-Io subsea gas compression development offshore Australia. The agreement includes the delivery of engineering, design, and manufacturing of a total of about 70 kilometers of dynamic subsea umbilicals that will provide power from the platform to the subsea compressor and pump modules. Read More>>
Alstom lands EUR 876 Mn French Gov funded contract to upgrade Cairo Metro Line 1 
The company signed a contract for 55 Metropolis trains (9 cars per train) and an 8-year maintenance contract with Egypt’s National Authority for Tunnels (NAT). Incorporated digital solutions allow for real-time passenger information, dynamic route maps, video displays, and video surveillance. It includes Alstom’s cutting-edge condition-based and predictive maintenance solution known as HealthHubTM. Read More>>
Alstom awarded a contract for Taipei’s Circular Metro Line 
In the order valued at EUR 720 Mn, Alstom will provide 29 four-car Metropolis trains, along with signaling, platform screen doors, project management, and overall system integration. The contract includes an order option to supply the line’s phase three system. Read More>>
ANDRITZ to supply pressurized refining system for MDF production to Greenply Industries Limited, India 
The company will install a state-of-the-art pressurized refining system with a capacity of 35 bdmt/h that will process wood chips to produce various MDF products. A 20” plug screw feeder and a high-performance single-disc refiner, type S1056, for high-quality fiber production at low energy consumption will form the centerpiece of the new line. Read More>>
U.S. Navy awards contract to GE Power conversion for military sealift command vessel maintenance 
The contract covers maintenance, modernization and upgrades, training, repairs, parts, remote technical support, and program management on 35 vessels. More ships will be added as they are built and turned over to MSC after commissioning. Read More>>
MAN Energy Solutions wins order for HyProp ECO system 
Hamburg-based tanker operator John T. Essberger is pursuing a fleet renewal program to increase energy efficiency by 30%. To help meet that objective, the first four 6,600 dwt dual-fuel chemical carriers in the program will have an integrated HyProp ECO propulsion solution from MAN Energy Solutions. Read More>>
Alstom and Eversholt partner on hydrogen train fleet development 
The firms will share technical and commercial expertise helping Alstom design, construct, and commission a fleet of ten three-car hydrogen multiple units (HMUs). The new HMU fleet, built on the Alstom Aventra platform, will be constructed in Britain. Read More>>
Baker Hughes and Shell pair to accelerate the energy transition 
Baker Hughes and Shell will help each other achieve their commitments for net-zero carbon emissions and advance solutions to decarbonize energy and industrial sectors. Shell will initially provide Baker Hughes’ U.S. sites with power and renewable energy credits, and the companies will negotiate renewable power for Baker Hughes’ sites in Europe and Singapore. Read More>>
Shapeways partners with Desktop Metal to offer AM 2.0 portfolio 
Shapeways is expanding the Desktop Metal system’s capacity and capabilities by providing customers access to these solutions at Shapeways’ ISO-9001 manufacturing facilities in Long Island City, New York, and Eindhoven, Netherlands. Read More>>
Honeywell and ZoneFlow Reactor Technologies announce a collaboration 
This technology promises to provide a step-change improvement in the efficiency and carbon intensity of steam methane to produce hydrogen. When coupled with Honeywell H2 Solutions’ carbon capture for hydrogen production, the ZoneFlow technology will make low-carbon hydrogen production more efficient and less expensive. Read More>>
Siemens’ AM Network to facilitate additive manufacturing workflow and collaboration at Schaeffler 
Schaeffler has adopted Siemens’ AM Network as the single platform for all engineering/ technical collaboration throughout the entire AM order-to-delivery process. This cloud-native platform enables it to take advantage of the benefits of additive manufacturing more quickly, efficiently, and at a greater rate of scale by digitalizing and streamlining its additive manufacturing workflows. Read More>>
Executive Movement 
Brian Hazelton joins Briggs & Stratton as Sr VP & President of its power business unit 
Hazelton’s career spans engines for commercial vehicles, light and heavy equipment for construction and mining, specialized equipment for concrete pumping and placement, and recreational vehicles. Read More>>
Cummins Inc. named Steph Disher VP 
Disher began leading the filtration business in August 2020, navigating the business during the global pandemic and related ongoing supply chain constraints. Through these challenges, the business consistently has delivered solid financial performance. Read More>>
Festo appoints a new director of sales for Canada 
Industrial control and automation manufacturer Festo has named Jean-Francois Paquette for the position of Canada sales director. Before taking up this new position, Paquette was the district sales manager for Festo’s Eastern Canada district for the past four years. Read More>>
Schneider Electric appoints new Africa leaders to bolster evolving continental needs 
The company appointed Taru Madangombe as Africa power and grid segment regional leader and Vladimir Milovanovic as Anglophone Africa power systems VP. Their appointments represent Schneider Electric’s continued commitment to the ever-evolving power and grid marketplaces in Africa. Read More>>
Mergers and Acquisition 
ADT to acquire Sunpro Solar for roughly USD 825 Mn
The company will acquire Sunpro, including debt, in a combination of USD 160 Mn in cash and 77.8 million shares of ADT stock covering the rest. In 2020, ADT announced a USD 450 Mn investment by Google and subsequently began providing the tech company’s Nest smart home pod integrated into ADT’s security systems. Read More>>
ATS Automation acquires SP Industries 
The company is acquiring SP Industries Inc., a designer and manufacturer of biopharma processing equipment, life sciences equipment, and lab apparatus products for USD 445 Mn. SP employs approximately 700 employees spread across its nine manufacturing facilities and locations in the U.S., U.K., and Spain. Read More>>
Canon Inc.’s USD 335 Mn acquisition of Redlen Technologies 
Redlen is working with the world’s seven top makers of CT scanners to introduce their semiconductor and sensor system into their machines to improve medical outcomes with their advanced CT technology ultimately. Redlen makes high-res X-ray imaging technology using CZT, a chemical compound used to measure the energy of individual light particles, translating the readout into electrical signals. Read More>>
Saint-Gobain (SGO) expands into Africa with new Kenya acquisition 
This acquisition will be Saint Gobain’s first production site in Kenya, where it will also invest in a construction chemicals production line on the same site. The group has expanded further and now goes into Mauritius, as Saint-Gobain acquired a majority stake in a.b.e. – a leading producer of technical mortars, additives and waterproofing products in Mauritius. Read More>>
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Latest Industry Insights from Draup Braindesk

WESCO International
  • WESCO International partnership focuses on power distribution and industrial automation to deliver ongoing value to the customers.
  • Capgemini is the major outsourcing partner for WESCO International, majorly working on Application Development & Maintenance and Infrastructure Management Services.
  • WESCO International has 30+ IT locations with a significant IT footprint in (Greater Pittsburgh Area) the United States. (Greater Pittsburgh Area) The United States and (Canada Area) Toronto are the buying locations for WESCO International.
Key Partners:
  • WESCO International partnered with Molex, a global provider of electronics and connectivity solutions, to expand the availability of its products and industrial solutions in North America and Europe with a world-class design, logistics, and distribution partner.
  • WESCO International partnered with Eaton in UAE to increase Eaton’s electrical product portfolio availability across the country, including Backup Power and Uninterruptible Power Supply (UPS) systems.
  • WESCO International acquired Anixter International to create premier electrical and data communications distribution and supply chain services that provide substantial value creation for customers, supplier partners, employees, investors, and the communities.

Key Funding Alert

Machina Labs raised USD 16 Mn for on-demand manufacturing robotics 
Machina Labs will accept commercial partners for growth with this new funding. Its manufacturing platform combines the latest advances in robotics and AI to democratize access to rapid manufacturing to manufacture parts quickly, efficiently, and cost-effectively. Read more>>

Startup Spotlight

Company –  CompPair  
Total Funding  USD 1.08 Mn
About: CompPair is solving damage issues for the composite materials industry by developing smart, sustainable textile systems. They are now able to deliver the most efficient solution for extending the lifetime of composites structures. Read more>>

Latest Reports Published in Draup

Parker Hannifin Corporation Account Intelligence Report: Parker Hannifin is keen to invest in application development and maintenance. It contributes 35% of the total outstanding, and Tech Manindra is the major strategic partner who supports Parker in application development-related engagements. Read More>>
Honeywell Intelligrated Account Intelligence Report: Honeywell Intelligrated specializes in next-gen warehouse software and warehouse management systems. It is a purpose-built warehouse software package with a supporting technology infrastructure allowing for seamless scaling, future-proof flexibility, and data-driven intelligence. Read More>>
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