Ekki Pumps is setting up a fourth Coimbatore plant, an assembly, testing and painting facility run as a 50:50 joint venture with Germany's Homa Pumps. It will make parts for Homa's production lines and waste water pumps, with production expected within six months. Investment was not disclosed.
Indian firm Ekki Pumps and Germany's Homa Pumpenfabrik are investing in a new joint venture plant in Coimbatore, India.
HHV Pumps inaugurated a 52,000 sq ft vacuum pump manufacturing facility at T. Begur, Nelamangala Taluk, Bangalore, with an initial investment of Rs 10 crore and 65 employees.
IndianOil awarded a tender for ON/OFF valves for its Panipat-2G Ethanol project in Panipat, Haryana, to DelVal Flow Controls with a contract value of ₹40.65 lakh, with the contract dated 30 August 2022.
Metso is establishing a new foundry in Vadodara, India, with a capacity of 20,000 tonnes, and is increasing mineral equipment capacity at its Metso Park in Alwar by 35%.
Metso acquired the Valve Automation division of Rotex Manufacturers and Engineers Private Limited by acquiring all shares of RMEBS Controls Pvt. Ltd. in India to strengthen its valve network.
Metso Corporation has reportedly invested more than USD 112.3 million in its engineering hubs and production in India, about USD 78.6 million of it for operations expansion in India, to meet global demand for industrial valves.
Velan GmbH, the German sales subsidiary of Velan, finalized a valve contract worth more than US$20 million. The valves go to a Russian boiler maker supplying 660MW units for the Barh supercritical thermal power plant, whose end user is NTPC in India.
Kawasaki Heavy Industries opened a new plant in Bangalore to make pumps and motors for 7-36 tonne construction machinery, doubling its Indian hydraulic capacity to 20,000 units a year. The investment is about 800 million yen and production starts in April 2019.
EKKI group and German pump company Homa group signed an MoU for a joint venture to set up a pump manufacturing facility in Coimbatore, with Homa holding 50 percent. Homa plans to invest nearly Rs 150 crore, and the factory would create about 100 jobs.
UNP Polyvalves is nearly finished adding 50,000 square feet of manufacturing space at its Vadodara, Gujarat plant, bringing total factory space to 150,000 square feet for lined valves.
Neles, formerly Metso's valve business and now part of Valmet, closed its acquisition of Indian valve company Rotex Manufacturers and Engineers Pvt. Ltd. in late 2018. The deal expands Neles' product range and services in India.
Metso has completed its acquisition of the valve automation division of India-based Rotex Manufacturers and Engineers, by buying all shares of RMEBS Controls Private Limited. The deal adds actuators, limit switches and process valves to Metso's valve portfolio.
Admiral Valve (CPV Manufacturing) appointed JRE Private Limited as its authorized representative in India to sell its full valve and fitting product line for compressed gas, petrochemical, oil and gas, and shipbuilding industries.
Sichuan Nitrocell, a subsidiary of Norinco, won a USD 800,000 contract to supply desulfurization, circulating and slurry pumps to Bharat Heavy Electricals for the National Capital Power Station Dadri in Uttar Pradesh. Delivery will take 30 months.
Crane inaugurated a new aseptic valve factory for Crane Saunders Aseptic Valves in Satara, India, featuring 5-axis CNC machining centres and new inspection equipment. The ceremony was attended by over 300 industry professionals, customers and distributors.
Ingersoll Rand agreed to acquire Hydro Prokav Pumps (India), a pump maker, as part of three acquisitions totaling about $35 million in cash. The deal adds progressive cavity pump market penetration.
Crane ChemPharma & Energy celebrated the inauguration of its newest location, an aseptic diaphragm valve factory in India. The announcement was made on May 22, 2018.
Sulzer India was contracted by GE Power India Limited to supply 21 barrel-type boiler feed pump sets, as announced by Sulzer AG on April 24, 2018.
Wipro Infrastructure Engineering has set up a new aerospace and defence facility in the Aerospace SEZ in Bangalore to manufacture precision hydraulic components such as actuators and valve blocks.
Crane ChemPharma & Energy, a business of Crane Co., inaugurated a new factory in Satara, India, dedicated to Saunders HC4 aseptic diaphragm valves and actuators. A customer event is planned for 10 May 2018.
Germany's NORMA Group SE agreed to acquire Kimplas Piping Systems Ltd, a Nashik-based maker of fittings, valves and micro-irrigation equipment, for an undisclosed amount. The deal was agreed on April 6, 2018 and is expected to close by mid-2018.
Danish pump maker Grundfos has set up its third Indian facility in Ahmedabad, with annual capacity of 14,000 pumps, investing INR 12 crore; operations are to commence in June.
Metso has signed an agreement to acquire the valve automation division of India-based Rotex Manufacturers and Engineers. The division has two manufacturing facilities near Mumbai, about 275 employees, and sales of approx. INR 1,550 million; closing is expected in July 2018 and the price is undisclosed.
Mack Valves India, a joint venture between Herose GmbH and the Ador Group, announced new senior-level appointments within its Indian operations. The article does not name the appointees.
NPCIL awarded KSB Pumps Limited an order worth €55 million (Rs 4130 million) for eight RSR 400/2 primary coolant pumps for its Gorakhpur project in Haryana. Manufacturing will take place at KSB's Shirwal plant near Pune, with delivery from June 2021 and completion by March 2023.
Germany's Homa Pumpenfabrik and India's Ekki Group signed a 50:50 joint venture to make waste water pumps, with a plant planned in Coimbatore expected to be commissioned in about a year. Homa's Indian sales arm will merge into the venture.
KSB Pumps secured orders worth Rs 413 crore from Nuclear Power Corporation of India to supply primary coolant pumps and electric motors with auxiliaries for the Gorakhpur Haryana Anu Vidyut Pariyojana I and II project. Deliveries are phased over 2022 and 2023.
IMI Precision Engineering held a ground-breaking in Noida near New Delhi for a INR 200 million (about $3.1 million) facility of 67,000 sq ft that will raise production capacity for the Indian market.
UK valve supplier Orseal is supplying oxygen service valves to NMDC's Nagarnar steel plant and to an EPC contractor upgrading SAIL's BF-1 at Rourkela Steel Plant in India.
Grundfos India opened a new manufacturing facility in Dantali, Central Gujarat, to supply stainless steel products, boosters and box products to western and northern India and export stainless steel components to Grundfos plants in Europe, the Americas and China. The launch was announced on November 9, 2017.
Mexican pump maker RuhRPumpen has set up a new centrifugal pump plant at Vallam Sipcot Industrial Estate in Chennai, with investment of about $25 million so far. It targets $50 million in output within five years, with about 80% of output exported.
Mexican pump maker RuhRPumpen has invested nearly INR 100 crore in a new manufacturing plant near Oragadam, Chennai, replacing a rented unit. About 80% of output will be exported to West and South-East Asia.
Kirloskar Oil Engines will acquire a 76% stake in Ahmedabad-based electric pump maker La-Gajjar Machineries at 7.89 times EBITDA, with the remaining 24% to be bought over five years; the amount was not disclosed.
AMPO opened a new valve manufacturing plant in Coimbatore, Tamil Nadu, India, with a ceremony on June 6, 2017. The 13 million euro investment covers a facility of about 15,000 square meters that can produce valves up to 72 inches.
Ampo Poyam Valves has completed construction of a 1,400 m2 valve manufacturing plant in Coimbatore, Tamil Nadu, India, wholly owned by Ampo.
Grundfos Pumps India is setting up an assembly plant on leased land in Ahmedabad, Gujarat, with an investment of about Rs 12 crore, to supply 12,000-14,000 pumps a year and start operations on June 1.
The Indian government intends to divest 100 percent of Bharat Pumps & Compressors through a strategic sale with transfer of management control. The Cabinet cleared the sale in September 2016, and DIPAM is seeking advisors.
Coimbatore-based pump maker EKKI Group has completed the acquisition and integration of Deccan Pumps Private Ltd, a maker of sump submersibles, monoblocs and surface pumps.
The Competition Commission of India approved Emerson Electric's proposed acquisition of Pentair's valves and controls business, finding no appreciable adverse effect on competition in India.
Indian Oil Corporation and EPC contractors Mitsubishi Heavy Industries and Black & Veatch have ordered more than 1,500 highly engineered valves from Ampo Poyam Valves for the ENNORE LNG plant in Tamil Nadu, scheduled for commissioning in 2018.
Private equity firms Advent International and KKR have made offers reported at around Rs 3,000 crore ($400-500 million) to buy 100% of L&T Valves from Larsen & Toubro, though no deal has been agreed.
Ampo Poyam Valves has been awarded the design and manufacture of more than 1,500 advanced valves for the Ennore LNG regasification terminal in Tamil Nadu, India. The plant, built by Mitsubishi Heavy Industries and Black & Veatch for Indian Oil Corporation, is due to start in 2018.
WIKA has inaugurated a Rs 100 crore manufacturing facility for valve manifolds and flow elements on five acres near Palwal, Haryana. The plant will mainly serve domestic, Asia Pacific and Middle East markets.
Larsen & Toubro approved a scheme of arrangement with its subsidiary L&T Valves Ltd, a deal valued at 437.9 million rupees in cash.
Parcol was awarded a contract in October 2016 to supply critical angle valves for the 40,000 MTPA melamine plant of Gujarat State Fertilizers & Chemicals at Vadodara, India. The project is due for commissioning by Q3 FY 2017-18.