Shell has registered a stronger than expected profit of $9.6 billion (€78.6 billion) for the first three months of 2023. The oil and gas giant was higher than the same period last year despite a fall in energy prices. Fossil fuel firms have been reaping record profits due to a surge in oil and gas prices following Russia's invasion of Ukraine last year. However, they... [Read More]

Fluid power specialist Thorite achieved a record turnover of £20.9 million (€23.6 million) in 2022/23, a 5.5% increase on the previous year. The results are the latest in a run of good news for the Bradford-based, family-led firm. It rounded off the financial year with its best ever monthly performance, racking up sales totalling £2.2 million (€2.5 million),... [Read More]

Brunei Shell Petroleum (BSP) has awarded Serikandi Kent Energy Solutions a five-year contract to provide commissioning and start-up services. Serikandi Kent Energy Solutions, is a Bruneian Incorporated joint-venture between Kent Plc headquartered in Dubai and Serikandi Oilfield Services. It aims to provide integrated services to clients in Brunei Darussalam in multiple... [Read More]

United Flow Technologies (UFT) completed the acquisitions of Kodru-Mooney and Macaulay Controls Company in March. UFT has completed nine acquisitions since its formation in July 2021. The two acquisitions will accelerate UFT’s strategic position into the Midwest and Texas regions, add product categories to the platform and strengthen OEM partnerships. Headquartered... [Read More]

Sulzer has signed an agreement with JTC Corporation, the master planner and developer of Singapore’s industrial infrastructure, to build and operate a new research center for its separation technology solutions. The new facility will be located at the Jurong Innovation District’s CleanTech Park, Singapore’s first eco-business park specifically designed to support... [Read More]

The three trade shows Solids, Recycling-Technik and Pumps and Valves in Dortmund proved to be a resounding success and demonstrated how much potential there was in the industries. On the 29 and 30 March, a total of 5,251 visitors attended the two-day event which concentrated on process and recycling technologies. In addition to the exhibition, the audience was particularly... [Read More]

The British Pump Manufacturers Association (BPMA) has enjoyed further membership growth in recent weeks, with four new members joining the association. KGN Pillinger, a long-standing business in the design, manufacture and service of bespoke water and sewage pumping equipment, has become a new membert. Operating from its purpose-built ‘state of the art’ facility... [Read More]

Andreas Denker has become a further managing director of NETZSCH Pumps & Systems. After a transition phase with the current CEO Felix Kleinert, Denker will take over the management of the global Pumps & Systems business unit in mid-May. At the same time, he will become a member of the global management team (GMT) of the NETZSCH Group. The P&S business unit is the strongest... [Read More]

This year’s Pump Industry Awards presentation evening was held on 16 March at the St George’s Park venue in Staffordshire in the UK. The event once again celebrated business and professional excellence right across the pump industry. Football icon Kevin Keegan OBE provided the after-dinner entertainment before helping to conduct the main awards ceremony. The entire... [Read More]

As with any product, you want your bearings to be up to the highest quality as well as durable. Critical to this is the need to select the correct bearing for the application but to maximise their life expectancy your product must also be correctly fitted, lubricated and maintained. Failure to do so may result in early bearing failure. Here we identify the most common... [Read More]

The tank storage industry was buzzing with new thinking, new technology, new contacts and new business after StocExpo, the world-leading tank storage and future fuels event. StocExpo 2023 returned bigger and better than ever as 40% more tank storage and future fuels professionals than last year descended on Rotterdam. Visitors saw the latest innovations from 120... [Read More]

The Schubert & Salzer Group – known among other things for high-tech control and stop valves - is celebrating 140th anniversary. Carl Schubert and Bruno Salzer were just 20 years old when they founded their own company and began with the manufacture of textile machines. Today the Schubert & Salzer Group employs around 350 people worldwide. "We are very much aware... [Read More]

NETZSCH is celebrating its 150th anniversary with over 4,100 employees worldwide are joining in the celebration. The company has grown from a small workshop in Selb to become an internationally successful mechanical engineering group. Today, the NETZSCH Group is once again headed by two brothers from Selb - Moritz and Paul Netzsch. As the fifth generation of the Netzsch... [Read More]

Three separate fires at Petroleos Mexicanos facilities in Mexico has left at least eight people injured and several missing. Pemex said at least five people were missing and three were hospitalised after a fire broke out at a storage facility in Ixhuatlan, Veracruz, Bloomberg reported. It was also reported that another blaze at the combined Maya unit of its 285,000-barrel-a-day... [Read More]

PUMPS & VALVES Dortmund which concentrates on industrial gases, solids and liquids will take place again next month. Hundreds of exhibitors are expected to attend the two-day event at Messe Dortmund on 29-30 March following a successful event last year. At the last show in 2022 more than 4,000 visitors from all the relevant industries descended on the four halls covering... [Read More]

Centrica, which owns British Gas, has revealed large profits after energy prices soared last year in its latest accounts. Centrica's full-year profits hit £3.3 billion (€3.7 billion) last year, more than triple the £948 million (€1.06 billion) it made the year before. Energy firms have seen record earnings since oil and gas prices jumped following Russia's invasion... [Read More]

Flowserve Corporation has acquired Velan Inc. - a manufacturer of highly engineered industrial valves. Founded in Montreal in 1950, Velan is a family-controlled business, with a team of 1,650 people and manufacturing facilities in nine countries. Upon completion of the transaction, Velan will become part of Flowserve’s Flow Control Division (FCD) segment. “We... [Read More]