Other News
Since Covid-19 first made the news when it struck in a place in China most of us had never heard of, little did we suspect the global consequences three months later.
Normal daily life as we know it has been severely disrupted, thousands of people have died worldwide, borders between countries are being closed and the stock markets and our global economies have taken a pounding.
Governments…
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Gardner Denver has recently announced the successful completion of its merger with the Ingersoll Rand Industrial segment. The new company, known as Ingersoll Rand, began trading on 2 March 2020 on the New York Stock Exchange.
“Today’s milestone transforms our potential to generate extraordinary long-term value for our employees, customers, shareholders and communities,” said Vicente…
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Atlas Copco has recently announced two company acquisitions: US-based Dekker Vacuum Technologies, a supplier of vacuum equipment and service solutions for industrial applications; and German distributor of industrial compressors, Dr. Gustav Gail Drucklufttechnik.
Based in Michigan City, Indiana, Dekker has around 70 employees. In 2019, the company posted revenues of approximately $23 million…
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UK start-up Xergy Group is launching a digital platform to transform how the upstream oil and gas industry resources projects and attracts talent.
Led by industry stalwarts James McCallum and Colin Manson, Xergy Group has launched Proteus, which will transform the way in which the industry sources and uses talent to resource and deliver projects with increased profitability.
A lack of…
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UK-based flow control equipment specialist Oxford Flow has announced the creation of a US subsidiary – Oxford Flow Americas – to expand its reach in North and South America, and to offer on-the-ground commercial and technical support.
The new company will be headed up by vice-president Andy Ghiz, who is based in offices in the Park Row area of Greater Houston’s Energy Corridor.
Ghiz…
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Swedish company Alfa Laval, which specialises in solutions to heat, cool, separate and transport products such as oil, water and chemicals, has joined the Getting to Zero Coalition in a commitment to achieving net-zero emission vessels by 2030.
The goal is key to decarbonising the global shipping industry and reaching the International Maritime Organization target of cutting vessel-related…
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The UK’s National Fluid Power Centre (NFPC) has expanded facilities in its practical laboratory with the addition of 16 new Brevini Motion Systems orbital motors from Dana SAC UK to support specialist training and development for engineers across the country.
Each student enrolled on a NFPC hydraulic course will spend some time in the practical laboratory, with existing facilities currently…
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With topics such as the future demand for hydrogen being discussed and the latest technologies being launched, StocExpo, the world’s largest and longest running international bulk liquid storage event, returns to Rotterdam in March 2020 with an eye firmly on the future.
Thousands of professionals, experts and analysts from leading oil majors, including Shell, BP and ExxonMobil, and the…
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B2B Selling Cloud FPX has announced the acquisition of Intelliquip, a leader in front-end configure price quote (CPQ) software built for the fluid handling equipment industry.
Through the acquisition, FPX will broaden its existing line-up of purpose-built solutions that simplify the selling of complex manufactured goods.
“Generic ‘one size fits all’ CPQ solutions fail to address…
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Rockwell Automation has teamed up with Accenture’s Industry X.0 to develop a digital offering to help industrial clients transform their connected enterprise.
The partnership will capitalise on the experience of both companies to deliver new capabilities for greater optimisation in the industrial supply chain. By providing customers with a single provider of digital solutions, the…
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Oil and gas industry giant Royal Dutch Shell has joined forces with Enel and Centrica to support efforts to eliminate the exclusion of disabled people across the world, by joining the disability inclusion campaign The Valuable 500.
The campaign encourages business leaders to recognise the value of 1.3 billion disabled people globally. In addition to Shell, Centrica and Enel, Marui Group and…
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Atlas Copco has announced its acquisition of WestRon Group, a Canadian distributor of compressors and blowers, which focuses on sales, installations and service.
The Calgary, Alberta-based company has 26 employees, with additional branches in Ontario and British Columbia.
WestRon’s main focus is servicing and selling compressors and equipment to the general industrial manufacturing…
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Atlas Copco has acquired the assets of US distributors Accurate Air Engineering and Compressed Air of California, US-based distributor sister companies.
Located south of Los Angeles in California, US the two companies have a sales and service network covering most of the state of California. They have a combined workforce of 52 employees.
“This acquisition will complement our existing…
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A new research consortium comprising four national laboratories has been established by the US Department of Energy (DOE) to lead a five-year, $100 million (€91.4 million) desalination effort to provide secure and affordable water in the US.
Known as the National Alliance for Water Innovation (NAWI), the consortium is led by four national laboratories: the National Renewable Energy…
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IDEX Corporation has acquired Velcora Holding and its Roplan and Steridose businesses from FSN Capital Partners for SEK 1.28 billion (over €121 million).
Roplan manufactures custom mechanical and shaft seals for the food and beverage, marine, chemical, wastewater and water treatment end markets. Steridose develops hygienic mixers and valves for the biopharmaceutical…
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Flow control and compression equipment provider Gardner Denver has announced the acquisition of Swedish company Oina, for a net purchase price of approximately $10 million (€8.9 million), funded by cash on hand.
Based in the Swedish capital of Stockholm, Oina specialises in customised pump solutions for liquid handling processes for medical, process and industrial applications.
“Oina…
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Other
Subsea 7 has announced the award of a sizeable contract for the Kaskasi offshore wind farm project located about 35km north-west of Heligoland in the German sector of the North Sea.
The contracted work scope includes the transport and installation of the offshore substation foundation, 38 wind turbine monopile foundations and 52km of inner array grid cables in water depths of between 18 and 25…
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