IPS commences operations in Malaysia

Essen/Sydney/Pasir Gudang, November 2019 – IPS Malaysia, a subsidiary of DIAG Group company IPS International, is now serving the Malaysian market for rotating machines. The company is located in the strategically advantageous Pasir Gudang industrial area and thus has excellent access to the new Petronas refinery and petrochemical plant which itself has more than 3…

DIAG has joined X-ZELL

Singapore/ Essen, October 2019 – German industrial services specialist, Deutsche Industrieanlagen (DIAG), has joined X-ZELL’s current three million US dollar seed+ funding round. Ranked amongst Asia’s 50 most innovative health technology start-ups for two years running, X-ZELL specialises in the detection of early stage cancers from small blood and tissue samples.The company recently made headlines…

DIAG signs contract worth EUR 180 m

Essen, October 2019 – DIAG and its consortium partner Glavbolgarstroy International AD signed an EPC contract with Bulgartransgaz in the presence of the Bulgarian Energy Minister. The consortium, led by DIAG, will supply two compressor stations (Rasovo and Nova Provadia) worth EUR 180 million. The project is part of the development of the Bulgartransgas EAD…

DIAG modernises fluorite plant

Essen, July 2019 – DIAG has provided a seven-digit sum through its affiliated company, Euro Khan, for the purpose of modernising a fluorspar plant in Mongolia. Work is going according to schedule and is due to be completed by the end of the year. Fluorspar, also known as fluorite, is used by the industry as…

DIAG: Wind Park and Maintenance in Mongolia

Essen, June 2019 – After the successful launch of the largest wind park in Mongolia, DIAG Essen and its partner, Euro Khan, have now taken over the 15-year maintenance contract for this project. The Sainshand Wind Park with its 25 turbines (55 MW) has a contract value of approx. US$ 120 million and supplies more…

DIAG moves to new headquarters in Essen/Germany

Essen, June 2019 – DIAG (Deutsche Industrieanlagen GmbH) recently moved to its new headquarters in Essen/Germany. In future, the international industrial services provider will focus on the fields of oil & gas, renewable energies, infrastructure and complex logistics solutions. Together with his managing directors, Kay Hanns Ewaldsen and Martin Wiechers, managing partner Klaus Lesker, formerly…

DIAG acquires Ferrostaal Industrieanlagen (FIA)

Essen, Rheingau, January 2019 – Deutsche Industrieanlagen (DIAG) has acquired ownership of Ferrostaal Industrieanlagen (FIA), headquartered in Rheingau, Germany, as of 1 January 2019. This acquisition consolidates the DIAG Group’s international presence in the oil & gas, renewable energies, materials handling/processing and infrastructure segments. “This allows us not only to provide additional plant engineering expertise…