April 4, 2018

Metso to acquire Indian valve automation division

biofuels news item image

The India based Rotex Manufacturers and Engineers is selling Metso the division for an undisclosed amount. Metso says that the move is aimed at expanding its global valves business. The companies expect to close the deal by July 2018.

Rotex provides valves, actuators and automation systems to Indian markets.

The division employs approximately 275 people with sales in the last fiscal year (ending March 31, 2018) reaching about €19 million.

As well as complementing its current actuation and valve automation offering, Metso said that the acquisition will introduce new products into its process-valve portfolio that serving a number of industries, including the oil and gas and water treatment industries.

"This acquisition represents an important strategic step for Metso's valves business. It expands our offering for the current customer segments, especially outside North America, and increases our presence in attractive new industries and application areas," said John Quinlivan, president of the Valves business area at Metso.







April 26, 2018
The Arabian Calibration Company (ACC) and TUV SUD NEL (NEL) have signed a long-term agreement to deliver meter calibration and flow measurement services within the Kingdom of Saudi Arabia (KSA). The... [Read More]

April 26, 2018
Vogelsang will be exhibiting its shredding technology at the IFAT trade fair for water, sewage, waste and raw materials in Munich this May. At booth 347/446 in hall B1, the focus will be on the new generation... [Read More]

April 25, 2018
Larson Electronics has released an explosion proof, magnetically operated, leak proof float switch that allows operators to control tanks by starting and stopping pumps, opening and closing valves and... [Read More]

April 25, 2018
Heerema Marine Contractors (HMC) announced 24 April that it has decided to close its offshore pipe laying business with immediate effect. This follows a review by the company of its position in the ‘highly... [Read More]

April 25, 2018
Gray Oak Pipeline, a joint venture owned 75% by Phillips 66 Partners and 25% by Andeavor, has received enough bidding commitments to begin construction. The pipeline system will provide crude oil transportation... [Read More]

April 24, 2018
Southern Water, a utility operating in the south of the UK, is testing the Xylem subsidiary’s ‘SmartBall’ to detect leaks in its pipe network. The device is equipped with an acoustic... [Read More]

April 24, 2018
Sulzer India has been contracted to supply twenty-one barrel-type boiler feed pump sets for GE Power India. The pumps are being sent to three new thermal power plants in the north of the country. The delivery... [Read More]

April 23, 2018
The UK company’s 3800L Series pilot operated pressure relief valves with modulating pilot controls (PCM) have been certified by the American Society of Mechanical Engineers to handle air, gas and... [Read More]

April 20, 2018
The decision to look at gas pipeline approval comes as part of Trump’s push to reduce infrastructure regulation and as US natural gas exports soar. Federal Energy Regulatory Commission (FERC) Chairman... [Read More]

April 20, 2018
The company says that the facility increases pump manufacturing capacity to meet growing demand worldwide. EBARA Pumps Europe (a group company of EBARA Corporation) has moved pump production to a new... [Read More]

April 19, 2018
The drones each use a different sensor to paint a more complete picture of operations. The devices’ makers hope to significantly reduce the time and costs related to the inspection of offshore oil... [Read More]

April 19, 2018
Pending shareholder approval, the Scotland-based company will sell its industrial pumps and valves business to focus on mining and oil and gas. As part of the move, Weir has bought the US mining equipment... [Read More]

April 18, 2018
BiFab faced a ‘critical cash position’ before the purchase, which was facilitated by the Scottish government to save the company’s fabrication yards. In a deal brokered by Scottish First... [Read More]

April 17, 2018
The DoE is looking to accelerate the deployment of privately-owned cybersecurity technologies into the energy industry after a cyberattack downed a pipeline communications system. 16 April the US Department... [Read More]

April 16, 2018
AESSEAL will be delivering a webinar on the cost and energy benefits of mechanical seals on 18 April, at 2:30pm -3:30pm BST. Hosted by Fluid Handling International, the webinar will... [Read More]