Dec 18, 2019
Metso’s valve business opens new service centres in Portugal and France
Chemical/Petrochemcial News
Oct 17, 2019
Valves
Krohne and Samson have introduced a new joint venture company, known as FOCUS-ON, dedicated to the development, production and marketing of autonomous actuators for the process industry 4.0.
Together with the new partnership, the companies also unveiled a new innovation that unites valve and measuring technology with unique diagnostics and control functions in one device.... [Read More]
Chemical/Petrochemcial News
Sep 3, 2019
Valves
Engineering services company Indutrade has agreed to acquire all the shares in Finkova Oy, with annual sales of around €8.5 million.
Finkova offers valve solutions to the process industry and boiler manufacturers. The company’s product range comprises a range of valves, including control valves, safety valves, and on/off high-pressure valves.
Its customers operate... [Read More]
Chemical/Petrochemcial News
Aug 15, 2019
Valves
Flowrox, a Finnish manufacturer of industrial valves and pumps, has announced the acquisition of Polar-Automaatio, which specialises in the design, delivery and maintenance of industrial automation systems.
“Polar-Automaatio has a long and reputable history in the sectors that Flowrox operates in,” said Flowrox CEO and president Jukka Koskela. “Polar-Automaatio... [Read More]
Chemical/Petrochemcial News
Jul 15, 2019
Valves
CIRCOR’s board of directors has unanimously rejected the revised unsolicited tender offer from Crane, after ‘careful consideration and with the advice of its independent financial and legal advisors’.
In a statement released on 11 July, CIRCOR said it had rejected to offer on the grounds that it ‘substantially undervalues the company and is low-value, highly... [Read More]
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