Japanese Toyo Engineering taps the Indonesian market by acquiring vast shares of regional engineering company IKPT. Indonesia, currently the world's fourth most populated state, is expected to invest large sums in infrastructure and industrial development in the near future.

In the future Thyssenkrupp will use one common brand the world over. The redevelopment of the brand reflects the transformation of the Essen-based technology company to a diversified industrial group. What are the aims?

Danfoss has signed a Memorandum of Understanding (MOU) with IIT Madras. The collaboration will enhance new technologies in Climate & Energy. IIT Madras is one of the institutes in India, which is equipped with the requisite faculty and facilities to conduct applied research in business opportunities that Danfoss Power Electronics may pursue in the future.

In the pharmaceutical sector, there is a constant need for innovation through R&D. New medicines are being developed that require absolute isolation to ensure its purity. IMA Active has brought out the Prexima series for tablet manufactures.

Endress+ Hauser announced that SAP and Endress+Hauser will intensify their cooperation in the development of industrial internet of things (IIoT) applications for the process industry. In the future, both companies intend to work closer together in the development of joint solutions, sales and customer implementation.

Haldor Topsoe has signed a contract with Badr-e-Shargh Petrochemical Complex for licenses, engineering, proprietary equipment, materials and catalyst for their new methanol plant in Chabahar, Iran. It will be the first plant in a new industrial zone in the area.

The company has been awarded a contract for delivering an absorption section for Boliden’s plant. The new section is expected to process the future gas volume from the upstream smelting process.

The Linde Group and the specialty chemicals company Evonik Industries have concluded an exclusive cooperation agreement on the use of membranes for natural gas processing.

Mol Group and APK signed a strategic cooperation agreement which is intended to expand the Hungarian company's portfolio of recycled plastics.

There are very few genuine new developments in the valve world, new ideas are mostly developed along a theme, however, one completely new concept in valve design is the Rotary Gate Valve (RGV) developed by Weir Valves & Controls UK – a part of the Weir Power & Industrial Division in the UK.