Construction

Japan

UBE Mitsubishi Cement to Halt Kiln at Kyushu Plant by 2027

Mitsubishi Materials has announced that its 50:50 equity-method affiliate, UBE Mitsubishi Cement Corporation, formed with UBE Corporation, has approved a reorga…

United States

John Deere Agrees to Buy US Construction Tech Firm Tenna

Deere & Company (John Deere) has entered into an agreement to acquire Tenna, a US-based construction technology company, for an undisclosed amount. The announce…

Power Construction

Shanghai Electric Begins Power Plants Upgrade Project in Iraq

Shanghai Electric has begun construction on the Euphrates combined-cycle power plant extension project in Iraq, adding 625 MW of capacity and increasing overall…

Wind Power Project

EBRD to Offer $200M Financing for Wind Power Project in Türkiye

The European Bank for Reconstruction and Development (EBRD) has approved financing of $200 million (€172 million) to support the development of new wind po…

China

World’s Longest Expressway Tunnel to Open to Traffic in Xinjiang by Year-End

The Tianshan Shengli Tunnel, recognized as the world's longest expressway tunnel at 22.13 kilometers, is scheduled to open to traffic by the end of 2025. Th…

Germany

BASF and OQEMA Ink Distribution Deal in Central and Eastern Europe

BASF SE has established a new distribution agreement with OQEMA, a prominent chemical distributor in Europe, for supplying polymer dispersions and additives use…

Australia

Australia’s First Timber Fire Station Wins International Prize

The Queensland Fire and Emergency Services North Coast Region Headquarters and Maryborough Fire and Rescue Station in Australia has received the Public Infrastr…

Gabon

Gabon Plans New Housing Tax to Help Tackle Rising Debt

Gabon intends to launch a new housing tax starting in January to support the financing of national requirements amid ongoing debt growth. The nation is experien…

Nuclear Reactor

France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros

France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…

Kenya

Bamburi Cement Signs US$250M EPC Deal for Kwale Clinker Plant

Bamburi Cement has entered into a US$250 million engineering, procurement, and construction contract with China's CBMI Construction Co., Ltd for a new clink…

China

China-Uzbek-Kyrgyz Railway Secures $4.7bn

A financing package totaling $4.7 billion has been secured for the China-Kyrgyzstan-Uzbekistan railway project, with significant contributions from Chinese inst…

Battery

SSE Takes Final Investment Decision on Derrymeen BESS in Northern Ireland

SSE has announced the final investment decision for the Derrymeen battery energy storage system, a 100MW project located in County Tyrone, Northern Ireland.Cons…

Hydropower Plant

NHPC Building Eight Hydropower Projects With 8.51GW Capacity

NHPC Limited, along with its joint venture and subsidiary entities, is advancing construction on eight hydroelectric projects totaling 8.51 gigawatts in capacit…

Uzbekistan

World Bank Funds $250M for Uzbekistan Infrastructure

The World Bank has approved a $250 million financing initiative to enhance municipal infrastructure and essential services across Uzbekistan.This support addres…

United States

US Homebuilder Sentiment Inches up to Eight-Month High December

U.S. builder confidence in the single-family housing market rose modestly in December 2025, reaching an eight-month high, according to the NAHB/Wells Fargo Hous…