Pumps
Three orders placed with Graham totaling $4.8 million
Graham Corp. has been awarded three orders totaling approximately $4.8 million for specialized condensers, liquid ring pump packages and ejector systems to be installed at facilities in North America and Asia.
ABB obtains Baldor Electric and expands industrial motion presence
ABB will acquire Baldor Electric in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt. Under the terms of the definitive agreement, ABB will commence a tender offer to purchase all of Baldor’s outstanding shares for $63.50 per share in cash.
Asian investment creates opportunity for flow and filtration equipment
The expansion of sewage transport, primary treatment and secondary treatment in Asia is creating market opportunities for suppliers of pumps valves, scrubbers, chemicals, controls, filters and other water pollution control equipment.
GE and ZKMK localize turbine manufacturing in Kazakhstan
Following an agreement signed in July for the servicing of GE’s fleet of oil and gas turbomachinery equipment installed in the Kazakhstan, GE Oil & Gas and JSC ZKMK today announce the formation of a technology transfer and licensing partnership that will enable ZKMK to manufacture GE-10 advanced technology gas turbines in Kazakhstan.
New line of filter regulators for OEM applications and critical in-plant applications
Parker Hannifin has introduced a new line of filter regulators, regulators and mini filters which are ideal for OEM applications and critical in-plant applications.
Turblex now part of Siemens Energy
Turblex Inc., acquired by Siemens Energy, Inc., officially adopted the Siemens name effective October 1, 2010.
GE snaps up Dresser for a cool $3 billion
GE has purchased Dresser, Inc. for $3 billion. The deal includes all of the Dresser businesses, which provide products and services for compression, flow technology, measurement and distribution infrastructure for customers in more than 150 countries.
Blastcrete offers MX-10 mixer/pump
The MX-10 mixer/pump from Blastcrete Equipment Co. is a hydraulically-powered, 3-inch swing tube-style unit designed for refractory shotcrete and pump cast applications.
$8.4 billion Chinese pump market by 2015
McIlvaine is predicting that China will account for 21% of the $40 billion 2015 world market for industrial pumps. China is completing a five year plan which is adding 15,000 mgd of municipal sewage treatment.
Flowserve green lit for Saudi Aramco’s Yanbu' project
Flowserve Corp. has received final approval from Saudi Aramco on a master purchase agreement to supply pumps, valves and services for the Yanbu' export refinery project (YERP).
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
