
Apr 5, 2022
Merger of UK water industry bodies completed
Oil and Gas News
Apr 5, 2022
Valves
ITT Inc. has announced it has acquired privately-held Habonim for $140 million (€127 million) in an all-cash transaction.
Habonim will become part of ITT’s Industrial Process (IP) segment. The acquisition closed in the second quarter of this year and is expected to be accretive to ITT’s consolidated EBITDA margin.
Based in Kfar HaNassi, Israel, Habonim is a leading... [Read More]
Water/Wastewater News
Apr 5, 2022
Pumps
Xylem celebrated the milestone of producing its five millionth Flygt pump.
A Flygt Concertor, a wastewater pumping system with integrated digital intelligence, was the five millionth pump to roll off the production line and will serve the UK-based water utility, Scottish Water.
The Concertor, which delivers energy savings of up to 70% compared to a conventional pumping... [Read More]
Features
Apr 4, 2022
Following its announcement on 5 May last year about updating the New Industrial Strategy, the European Commission has further indicated that it will rely quite heavily on industry to deliver on the major challenges faced by our economies and societies in Europe.
This is particularly the case in relation to sustainability, digital transformation, and global competitiveness,... [Read More]
Oil and Gas News
Apr 4, 2022
Pumps
A materials upgrade performed by Celeros Flow Technology (Celeros FT) has prevented repeated pump failures at an oil refinery in the US - delivering a return on investment (ROI) of less than one year.
The Celeros FT team was called in to investigate the cause of repeated failures of the casings and casing covers on the refinery’s OH2 pumps in boiler feed water service.... [Read More]
Oil and Gas News
Apr 4, 2022
Pumps
Neste and the Climate, Infrastructure and Environment Executive Agency (CINEA) have signed an agreement for the clean hydrogen project (SHARC) in Finland.
Neste has closed the grant agreement process with CINEA and the European Commission, following the earlier announced EU Innovation Fund grant decision of €88 million to Neste’s clean hydrogen project at its Porvoo... [Read More]
Other News
Apr 1, 2022
Valmet and Neles Corporation have announced that their respective boards have signed a merger agreement.
The combined company will have an accumulative net sales for 2020 of approximately €4.3 billion.
The combination is expected to generate annual run-rate synergies of approximately €25 million of which approximately 60% are expected to be achieved by 2023 and... [Read More]
Water/Wastewater News
Apr 1, 2022
Pumps
Flowserve Corp has entered into a non-exclusive partnership agreement with cleantech water solutions company Gradiant to help address challenging problems in water and wastewater treatment.
The partnership brings together Flowserve’s flow control solutions and product expertise with Gradiant’s tailored water treatment technology.
Flowserve provides engineered and... [Read More]
Water/Wastewater News
Apr 1, 2022
Pumps
Sulzer is expanding its footprint in India with a new service centre.
The company has opened the new state-of-the-art service centre in Vadodara, Gujarat.
The facility will widen the availability of high-quality services for rotating equipment in India.
Using cutting-edge machinery and advanced digital technologies, the centre will offer repairs, upgrades, retrofits... [Read More]
Oil and Gas News
Mar 31, 2022
Pipelines
A new 240 MW thermal power plant has been commissioned while a new 220 MW piston gas power plant is under construction in Uzbekistan.
The power plant has been built by the Turkish company Cengiz Enerji and is in the Kibray district of the Tashkent region.
The construction of a separate gas piston power plant, also by Cengiz Enerji, with 220 MW capacity is located in... [Read More]
Policy News
Mar 31, 2022
Europe can cut its power sector gas consumption in half, reduce energy costs by €323 billion and increase energy independence by 2030 if it rapidly scales up its renewable capacity, according to a new report from Wärtsilä.
To tackle the energy crisis and enable rapid decarbonisation, the technology company is calling on European leaders to implement a monumental... [Read More]
Oil and Gas News
Mar 31, 2022
Pumps
American Petroleum Institute (API) president and CEO Mike Sommers has responded to the announcement by President Biden about increasing US liquified natural gas (LNG) exports to Europe.
President Biden and the European Commission President Ursula von der Leyen want to establish a joint task force to help increase exports to Europe and reduce their dependency on Russian... [Read More]
Water/Wastewater News
Mar 30, 2022
Pumps
Riventa has identified annual savings of almost £20,000 (€23,600) for a food processor’s cooling system after refurbishing five pumps.
Sending chilled water from heat-exchangers, the pumps were all found to be showing significant signs of wear.
With an average load of 45% (equivalent to 2.2 pumps running at any one time), the five pumps had even more demands placed... [Read More]
Oil and Gas News
Mar 30, 2022
Pipelines
Shell has announced the start of production at PowerNap with an estimated peak production of 20,000 barrels of oil equivalent per day (boe/d).
PowerNap, a subsea development in the US Gulf of Mexico, is a tie-back to the Shell-operated Olympus production hub in the prolific Mars Corridor.
“Shell has been producing in the Mars Corridor for more than 25 years, and we... [Read More]
Chemical/Petrochemcial News
Mar 30, 2022
Pumps
Clariant’s Catalysts business has been awarded three new contracts by China’s Lihuayi Group for its upcoming petrochemicals production units.
The agreements include three of Clariant’s high-performance catalysts for the production of ethylene, styrene, and propylene.
From Clariant’s ethylene catalyst line, Lihuayi chose the OleMax 101 catalyst for its 1000 KTA... [Read More]
Product News
Mar 29, 2022
Emerson has expanded its ASCO™ Series 090 line of miniature solenoid valves.
The company has added a new three-way Series 090 valve configuration to enable lighter, more space-efficient solutions for gas control in oxygen therapy, compression therapy and gas analyser devices.
Originally developed as a two-way valve for air and inert gases in portable medical devices,... [Read More]
Chemical/Petrochemcial News
Mar 29, 2022
Pipelines
Neste is conducting a feasibility study to examine investing in capacity for processing liquefied waste plastic at its refinery in Porvoo, Finland.
The goal is to scale up processing capabilities for liquefied waste plastic by implementing proprietary technologies to pretreat and upgrade liquefied waste plastic and integrating the technologies into the refinery operations.
The... [Read More]