Category
Manufacturing
60 news items
Kelvion Offers Service Solutions for Compressor Coolers
Kelvion has introduced a comprehensive service program for its gas and compressor coolers, focusing on enhancing efficiency and extending operational life.
17 July 2026
Nokian Tyres Reports Profitability Improvement
Nokian Tyres plc reported a 136% increase in operating profit for the second quarter of 2026, driven by higher sales volumes and enhanced pricing. Net sales rose by 10.6%.
17 July 2026
Medical Plastics Tubing Market to Reach $6.81 Billion by 2031
The global medical plastics tubing market is projected to reach $6.81 billion by 2031, an increase from $4.83 billion in 2026. Growth is driven by expanding healthcare infrastructure and rising demand for advanced medical devices.
17 July 2026Nokian Tyres Reports Profitability Improvement for First Half of 2026
Nokian Tyres increased its net sales by 7.6% and saw significant operating profit improvement in January-June 2026. The company raised its guidance due to strong financial performance.
17 July 2026
3TREES Opens World's Largest Coatings Showroom, Securing Guinness World Record
On July 16, Chinese company 3TREES officially opened its nearly 20,000-square-meter Quality Homes Technology Experience Center in Putian, China, earning a Guinness World Record for the largest coatings showroom.
17 July 2026
3TREES Sets Guinness World Record for Largest Coatings Showroom
SKSHU Paint Co., Ltd., operating as 3TREES, has officially opened its nearly 20,000-square-meter facility in Fujian, China, securing the Guinness World Record for the largest coatings showroom.
17 July 2026
Automotive Pumps Market Projected to Reach $34.15 Billion by 2035
The global automotive pumps market is forecast to grow from USD 31.11 billion in 2026 to USD 34.15 billion by 2035, reflecting a compound annual growth rate of 1.0%.
17 July 2026
Nokian Tyres net sales up over 10%, profitability improves significantly
Nokian Tyres plc reported a strong improvement in profitability for the first half of 2026. Net sales increased by 10.6%, while operating profit for segments rose by 71.0%.
17 July 2026
Sandvik Reports Strong Results for Second Quarter 2026
Sandvik AB announced a significant increase in order intake and revenues for the second quarter of 2026. The company's profitability also improved compared to the previous year.
17 July 2026
LEGO Founder Ole Kirk Kristiansen's Early Life Detailed
The early years of LEGO Group founder Ole Kirk Kristiansen are detailed, from his childhood home to his apprenticeship and travels.
17 July 2026
Epiroc Reports Increased Orders and Revenue for Q2 2026
Epiroc reported its second-quarter 2026 financial results, showing a 13% increase in orders received and a 10% rise in revenue, with orders reaching MSEK 17,305.
17 July 2026Alleima Reports Revenue Increase and Improved Profit Margin in Q2 2026
Specialty steel company Alleima reported a 3% increase in revenue to SEK 4,896 million for the second quarter of 2026, while order intake decreased by 2%. The adjusted operating profit margin saw significant improvement.
17 July 2026
Södra reports loss in Q2 amid weak market conditions
Forest industry group Södra posted a negative result for the second quarter of 2026. The company cited weak market conditions, depressed demand, and imbalances in the raw materials market as key factors.
17 July 2026
China to Reintroduce Consumption Tax on Lithium-Ion Batteries; Sodium, Solid-State Exempt
China's Ministry of Finance and two other departments announced the reintroduction of consumption tax on lithium-ion batteries and similar products. Emerging technologies like sodium-ion and solid-state batteries will be exempt.
17 July 2026
New Electric Vehicle Models Listed for Purchase Tax Exemption
China's Ministry of Industry and Information Technology has released its latest catalog of new energy vehicles eligible for purchase tax concessions. The list includes upcoming models from BYD, Fangchengbao, and Luxeed.
17 July 2026
Dampskibsselskabet NORDEN A/S continues share buy-back program
Shipping company Dampskibsselskabet NORDEN A/S announced it is continuing its share buy-back program, initiated in May. The program is set to conclude in August.
17 July 2026
Audi Updates Five Model Series with New Features
Audi is introducing new hardware and software updates across its A5, Q5, A6, A6 e-tron, and Q6 e-tron models. These enhancements aim to improve driving dynamics, driver assistance systems, and interior functionalities.
17 July 2026ASSA ABLOY Reports Accelerated Sales Growth and Record Margin in Q2 2026
ASSA ABLOY announced its second-quarter 2026 results, showing accelerated organic sales growth of 4% and a record operating margin. Net sales reached SEK 39.3 billion.
17 July 2026
India launches its first hydrogen-powered train
India has commissioned its first hydrogen-powered train, advancing its green transportation goals. The train was developed domestically from design to prototype.
17 July 2026SKF Reports Margin Improvement in Q2 2026 Amid Mixed Sales
SKF reported a slight organic sales increase and a better adjusted operating margin in Q2 2026. The separation of the automotive business impacted cash flow.
17 July 2026
EssilorLuxottica Acquires Automation Firm to Enhance Lens Manufacturing
EssilorLuxottica announced on August 4, 2025, the acquisition of Belgian firm Automation & Robotics (A&R) to enhance automated quality control for ophthalmic lenses.
17 July 2026SKF reports improved margin for Q2 2026
SKF reported an improved adjusted operating margin of 13.9% for the second quarter of 2026, with net sales remaining stable. The company is proceeding with the separation of its automotive business.
17 July 2026
Husqvarna Group Reports Sales Decline Amidst European Market Challenges
Husqvarna Group's net sales decreased by 5% in the first half of 2026 due to challenging market conditions, particularly in Europe. The company saw solid growth in North America, but overall results were impacted.
17 July 2026
Munters Group AB: Strong order intake, but profitability affected by external factors
Munters Group AB reported a 137% increase in order intake during the second quarter, driven by strong demand in Data Center Technologies and AirTech. Profitability is being impacted by production ramp-up challenges and external factors.
17 July 2026
Volvo Group Reports Increased Net Sales and Profitability for Q2 2026
Volvo Group announced its second-quarter 2026 financial results, with net sales reaching SEK 126.3 billion and organic sales growth at 7%. The company reported increased profitability driven by strong vehicle and service sales.
17 July 2026Saab Reports Strong Order Intake and Increased Sales in Q2
Defense and security company Saab announced strong second-quarter results for 2026, with a significant increase in order bookings and improved financial performance.
17 July 2026SKF Reports Increased Margin in Q2 2026
SKF reported its second-quarter 2026 financial results, showing continued improvement in its operating margin. Net sales remained stable year-over-year, with organic growth turning positive in industrial segments.
17 July 2026
Volvo Cars Achieves SEK 5 Billion Cost Savings Six Months Ahead of Schedule
Volvo Cars reported its second-quarter 2026 results, highlighting the achievement of SEK 5 billion in full-year cost savings six months ahead of schedule amidst a challenging market environment.
17 July 2026
GAC celebrates 30 millionth vehicle production milestone
Chinese automaker GAC Group marked the production of its 30 millionth vehicle with a global celebration. The event highlighted the company's growth and international presence.
17 July 2026
TOMRA reports 25% revenue growth in second quarter
TOMRA Group's revenue increased by 25% to 405 million euros in the second quarter, supported by significant roll-out of reverse vending machines (RVMs) in Poland. The company saw strong performance in its Collection segment.
17 July 2026
Technology Driving Transformation in Bunkering Service Market
Technological advancements like digitalization and sustainable fuel solutions are reshaping the global bunkering service market. The sector is adapting to meet demands for efficiency and sustainability.
17 July 2026
GAC Reaches 30 Million Vehicle Production Milestone
GAC Group celebrated the production of its 30 millionth vehicle, marking the occasion with events and expansions at its international manufacturing bases.
17 July 2026
Neste Included Again in Dow Jones Sustainability Indices
Neste has been selected for the Dow Jones Sustainability Indices (DJSI) for the 18th consecutive year. The company ranked among the top performers in its industry in both DJSI World and DJSI Europe.
17 July 2026
Scania to Showcase Electric CrewCab for Rescue Vehicles at Interschutz
Scania will debut its first battery-electric CrewCab for fire, airport, and civil rescue operations at the Interschutz 2026 exhibition in Hanover. The company will also display a range of electric and combustion engine solutions.
17 July 2026
Solid-State Battery Laser Equipment Market to Reach USD 0.6 Billion by 2031
The global market for laser equipment used in the manufacturing of solid-state batteries is projected to reach USD 0.6 billion by 2031, according to a report by QY Research.
17 July 2026
UK Government Nationalizes British Steel, China Expresses Strong Opposition
The UK government announced it has nationalized British Steel, a company owned by China's Jingye Group. China's Ministry of Commerce responded today, stating strong opposition and deep dissatisfaction with the decision.
17 July 2026
Intensified Competition in Auto Industry: Six New Car Launches in One Day
A representative from Chinese automaker Leapmotor stated that the density of new car model launches surpasses that of the mobile phone industry. On July 16th, six new car models were launched in China.
17 July 2026
Indian EV Maker Ather Secures Over $1.04 Billion in Bids
Indian electric vehicle maker Ather Energy has received binding bids totaling over $1.04 billion in its latest funding round. The company aims to accelerate its growth and expand its manufacturing capabilities.
17 July 2026
GPGI Faces Class Action Lawsuit From Pomerantz Law Firm Over Investor Losses
Pomerantz Law Firm has filed a class action lawsuit against GPGI, Inc. on behalf of investors who suffered losses. Investors have a deadline of September 14, 2026, to seek appointment as Lead Plaintiff.
16 July 2026
Industrial Machine Builders Custom-Order Silicone Rubber Heaters
Manufacturers integrating heated platens, 3D printer heat beds, or thermal bonding presses increasingly opt for custom silicone rubber heaters when standard elements fall short.
16 July 2026Chinese Industrial Heating Element Manufacturer Shares Sourcing Expertise
Shengzhou Jinwei Electric Heating Appliance Co., Ltd. has released a sourcing guide for industrial heating elements, highlighting the significance of China's Zhejiang province as a manufacturing hub.
16 July 2026
Commercial Refrigeration Integrates Aluminum Foil Heaters for Efficient Defrost
Manufacturers of commercial refrigeration equipment are integrating aluminum foil heater pads for efficient evaporator defrost and freeze prevention in drainage systems. These components provide uniform heat distribution.
16 July 2026
Jinwei Heat Supplies Silicone Rubber Heaters for Chemical Plant Pipe Protection
Shengzhou Jinwei Electric Heating Appliance Co., Ltd. is supplying chemical plants with silicone rubber heaters featuring integrated controllers for industrial pipe preheating and freeze protection in demanding conditions.
16 July 2026
Quaker Houghton Announces Second Quarter 2026 Earnings and Investor Call
Quaker Houghton has scheduled its second quarter 2026 earnings release for after market close on Thursday, July 30, 2026. An investor call will follow on Friday, July 31, 2026.
16 July 2026
Hyundai Factory Workers Strike Over Humanoid Robot Deployment
Thousands of unionized Hyundai auto workers initiated a strike in South Korea due to the automaker's plans to deploy humanoid robots. This action signals significant labor pushback against advanced automation.
16 July 2026
Kraft Linerboard Prices Rise, Increasing Box Costs for Buyers
US kraft linerboard prices saw their first increase in 13 months in March, rising $40 per ton. This upward trend is driven by capacity cuts and higher input costs, impacting packaging buyers.
16 July 2026BPCL gets nod for petrochemical expansion in Madhya Pradesh
Bharat Petroleum Corp Ltd (BPCL) has received approval from the Madhya Pradesh government to proceed with its petrochemical complex expansion plan at Bina. The investment is estimated at USD 5-6 billion.
16 July 2026
Zeitz Chemical Park Receives €18 Million for Expansion and Job Creation
The Chemiepark Zeitz, a chemical and industrial park in Germany, has secured approximately €18 million in funding. The investment from state and federal sources will be used for site expansion, infrastructure development, and the creation of new jobs.
16 July 2026
Saronic to Build Next-Generation Shipyard in Brownsville, Texas
Saronic has selected Brownsville, Texas, for its new Port Alpha shipyard. The planned investment of over $3 billion aims to restore U.S. shipbuilding capacity and expand domestic production.
16 July 2026
CARBIOS breaks ground on first PET biorecycling plant
CARBIOS has begun construction on its first PET biorecycling plant in Longlaville, France. The facility utilizes proprietary enzymatic technology and is stated to be a world first.
16 July 2026
Nearly 75% of German Biogas Plants Have Significant Defects, DUH Reports
A recent report reveals that around 71% of German biogas plants exhibit significant safety and environmental deficiencies, including methane leaks. The German Environmental Aid (DUH) organization criticizes authorities for systemic failures and questions government plans.
16 July 2026
Midea Building Technologies showcases AI chiller factory to APAC media
Midea Building Technologies opened its AI-enabled chiller factory in Chongqing to media from across the Asia-Pacific region. The facility demonstrates a blueprint for smart manufacturing and green transition.
16 July 2026
Cargill uses waterways to connect farmers to global markets
Cargill connects farmers to global food markets through its extensive network of rivers, ports, and ocean routes, bolstering the efficiency and resilience of the global food supply chain.
16 July 2026
Bombardier completes exit from commercial aerospace with A220 sale
Bombardier Inc. announced it has finalized the sale of its remaining stake in the A220 program to Airbus and the province of Quebec for approximately $600 million cash. This transaction marks the company's complete exit from commercial aerospace.
16 July 2026Bombardier Seeks Bondholder Consent for Indenture Amendments
Bombardier Inc. has initiated consent solicitations from holders of its outstanding debentures and notes. The company is seeking approval to amend the governing documents to include a permitted lien basket provision.
16 July 2026
TSMC Pledges Another $100 Billion for U.S. Chip Manufacturing
Taiwanese chipmaker TSMC announced plans to invest an additional $100 billion to expand its U.S. manufacturing capacity. This latest commitment brings the company's total pledges for U.S. chip production to $265 billion.
16 July 2026
Tropical Cyclones' Global Economic Ripple Effect Growing
A new report from Allianz Trade highlights the increasing economic damages and supply chain disruptions caused by tropical cyclones. Climate change is exacerbating these events.
16 July 2026
New Clamp Developed for Sealing High-Pressure Pipes
A new, patent-pending clamp offers a solution for sealing leaking pipes in the oil industry.
16 July 2026
Trive Capital Sells Kittyhawk to Machine Sciences
Trive Capital has completed the sale of Kittyhawk, Inc., a provider of specialized Hot Isostatic Pressing services, to Machine Sciences. The transaction strengthens Kittyhawk's position in the aerospace and defense sectors.
16 July 2026
Voith's MegaDrive targets longer service life and lower maintenance for paper mills
Voith has introduced MegaDrive, a next-generation rubber wire drive roll cover for paper and board machines. The solution aims to improve traction, reduce wear, and lower maintenance requirements in demanding wet-end operating conditions.
16 July 2026