Mölndal Energi Aktiebolag awarded Armatec AB a contract to supply about 413 hand and control valves, including valve actuators, for a new district cooling plant in Mölndal, Sweden. The awarded value was EUR 306,247.
The Australian Department of Defence awarded PROMET Valves Australia a contract to supply valves, valued at about AUD 16,975 and awarded on 26 April 2023.
Sinopec Shanghai Engineering Co. issued a public tender on 23 April 2023 for six DN1000 cast steel multifunctional pump control valves for its Qingdao maleic anhydride project. Bids are due 11 May 2023.
Torque Valves, an Ahmedabad-based control valve maker, is planning a larger centralized manufacturing unit in Ahmedabad to double its annual output. The company currently runs three plants in Ahmedabad, Mumbai and Pune producing about 2,500 valves a month.
Shakti Pumps (India) opened a branch office in Uganda and inaugurated a solar-powered piped drinking water project for 20 rural districts. The USD 35.30 million order from Uganda's Ministry of Water and Environment was awarded in March 2021 and funded by India Exim Bank.
Ampo Poyam Valves is supplying more than 700 small, 1500 lbs highly engineered Inconel 625 gate valves to leading skid manufacturers in the Middle East, for Aramco gas wellhead modular skids. The valves are made in Spain and at AMPO Arabia in Dammam, Saudi Arabia.
HANSA-FLEX AG has acquired Knapheide, a hydraulic systems supplier to German machinery makers with about 400 employees and revenue in the high double-digit millions of euros, as a strategic investment in mid-April 2023. Knapheide keeps its name and sites.
Flowserve and Hydrogen Optimized signed a memorandum of understanding to advance green hydrogen production, with Flowserve supplying a SIHI Liquid Ring Compressor for a demonstration facility in Ontario.
Fort Wayne-based industrial supplier 3BG has completed its acquisition of Controls and Electric Motor Co. (CEMCO), a provider of motors, drives and pumps in southwest Missouri. Financial terms were not disclosed and the Missouri facility will stay open with plans to expand.
Paladon Systems finalized an order for pneumatic spring return actuators and control components for the Exxon Mobil Price Agreement (GUA-X Asset Restoration and Maintenance Support) in Malaysia.
Indutrade acquired Waalwijk-based Siersema Komponenten Service BV, a distributor of valves, pumps, filters and heat exchangers for food and pharmaceutical processing. The company has about 35 million euros in annual sales and 50 employees.
Holland Pump Co acquired BPR Pumping & Vacuum Solutions, a Texas pump rental business with Houston and Austin branches. The deal is Holland Pump's sixth acquisition since partnering with XPV Water Partners.
Xylem entered a definitive agreement to acquire Evoqua Water Technologies in a US$7.5 billion all-stock transaction. The deal adds advanced water treatment and service capabilities.
NBM group opened a pipeline valve and fittings plant in Veliky Novgorod through its subsidiary T-ARM LLC. The first phase cost 400 million rubles and plans up to 100 new jobs.
IMI's Norgren China opened a automated pneumatic and fluid control manufacturing base in the Wujiang Development Zone. The project has a total investment of US$30 million and a 2025 sales target of 1.4 billion yuan.
KITZ SCT has completed a new plant building at its Nitta SC Plant, expanding production capacity of valves for semiconductor manufacturing equipment. The announcement was made April 7, 2023.
Busch USA has acquired Vac-Tech Inc., a vacuum pump service and sales provider with locations in Phoenix, Arizona and Richardson, Texas. Vac-Tech will keep its brand as a Busch Group company.
Atlas Copco completed the acquisition of assets of Shandong Bozhong Vacuum Technology, a Zibo, China maker of liquid ring vacuum pumps and systems with 116 employees and about 90 million CNY in 2021 revenue. The purchase price was not disclosed.
UK pump maker Amarinth secured a US$200,000 order from Azku Global Services to supply two API 610 OH1 pumps for the Majnoon oil field in Iraq, with delivery required on a 30-week schedule.
Celeros Flow Technology entered a definitive agreement to sell its Filtration business unit to UK-headquartered private equity firm Px3 Partners.
Thompson Pump distributor Florida Pumping Solutions acquired American Sock & Dewatering, a socking company in Northern Florida.
Atlas Copco agreed to acquire National Pump & Energy, a pump, power and compressor rental and sales business in Australia and New Zealand, with closing expected in Q2 2023. The price was not disclosed.
Krones signed an agreement on 20 April 2023 to acquire 90% of Ampco Pumps Company LLC, a Wisconsin supplier of sanitary pumps and mixing equipment to food, beverage, dairy and pharma markets. Ampco generated about US$50 million revenue in fiscal 2022, and closing is expected in the first half of 2023.
PumpMan Holdings acquired the DAS Group, a Pittsburgh manufacturer's representative for municipal water and wastewater process equipment, and merged it into PumpMan Pittsburgh in Allison Park, Pennsylvania. The deal is PumpMan's twelfth acquisition.
Danish marine pump specialist Svanehøj acquired Complete Cryogenic Services in Tustin, California, which services electric submerged pumps on LNG carriers. CCS will continue as Svanehøj CCS under Svanehøj Service Solutions with its nine employees.
LiangGu Valve Group is building a valve casting base in Longquan with investment over 100 million CNY, covering 50 acres, targeting 15,000 tons of valve castings a year, with completion planned for 2024.
LiangGu Valve Group plans a special valve production facility in Longwan Airport New Area, Wenzhou, with total investment over 300 million CNY, targeted for operation in 2025 with an annual output value above one billion yuan.
Amarinth received a $200,000 order from Azku Global Services for two API 610 OH1 centrifugal pumps for the Iraqi Ministry of Oil-operated Majnoon Oil Field near Basra, with a 30-week delivery.
VBG Intech completed a three-year technical services agreement with Oscar Oilfields to supply angle control valves for ADNOC's offshore Upper Zakum field, under a long-term price agreement.
Houston-based Trendsetter Engineering won a contract from LLOG Exploration Offshore to design and manufacture subsea production manifolds and connectors for the Leon and Castile developments, using ATV valves, with delivery planned for early 2024.
Italian distributor AF System secured an order for more than 800 Double Block and Bleed valves, 300 isolating instrumentation valves and 3-way valves in Inconel 625 for the North Field Production Sustainability project in Qatar, supplied via Oliver Valves.
Emerson started expanding its engineering center in Metepec, State of Mexico, for Fisher control valves, with about $24 million invested and about 200 staff expected, completion targeted for February 2024.
AMPO POYAM VALVES is supplying more than 4,000 slurry angle severe service valves for the expansion of Vedanta's Lanjigarh alumina refinery in Odisha, India. The valves are made at AMPO INDIA in Coimbatore, Tamil Nadu. The expansion raises capacity from 2 to 5 million tonnes per annum.
Flowserve agreed to acquire Velan in an all-cash deal valued at about $245 million (C$329 million), including assumed debt. The transaction is expected to close by the end of the second quarter of 2023.
Kent Introl was awarded Option 2 of Equinor's frame agreement for control valves and choke valves, extending the contract until April 2026. The work covers oil and gas, renewables and low-carbon projects.
Orseal was awarded a contract by KAR Group to supply a large range and quantity of valves for the Subba and Luhais oil fields in southern Iraq. The article is dated 23 March 2023 and does not state the award date.
KSB Limited acquired the technology of the products made by Bharat Pumps and Compressors Ltd in Naini, Prayagraj, giving it sole ownership. KSB's SupremeServ unit will handle spare parts and service for around 5000 BP&CL products in India.
Oliver Valves was chosen by a Polish compressor manufacturer as main supplier of double block and bleed valves for the Woodfibre LNG export facility near Squamish, British Columbia. The supply covers stainless steel valves from 1/2 to 2 inches rated up to 1500lb.
Oliver Valves won an order to supply a large number of metal seated double block and bleed ball valves to a major green field onshore project in Saudi Arabia. Value engineering reduced costs by an estimated 20-30% for the customer. The article is dated 17 March 2023.
Oliver Valves has secured a fixed three-year contract to supply valves to the Kaybob Duvernay project in Fox Creek, Alberta, Canada. Orders placed so far are worth over £500,000.
Lexair is acquiring manufacturing assets and intellectual property licenses from Keystone, an Emerson brand, for U.S. Navy products. Production will move from Emerson's Pasadena, Texas facility to Lexair's Lexington plant.
Lexair Inc. will expand its Lexington, Kentucky operations with an $8.5 million investment, adding 35,000 square feet and creating 14 full-time jobs. The announcement was made on March 15, 2023.
Hendor has started building an expansion of its head office and production facility in Bladel, Netherlands, tripling production space and adding automation and robotisation. Completion is expected by the end of 2026.
Amarinth has won an order from ADNOC for two API 685 OH2 horizontal and three VS4 vertical magnetic drive pumps for the Ruwais NGL trains 1 and 2 in the UAE. The pumps are needed on a 28-week delivery schedule for an ADIP tank upgrade.
Oliver Valves was selected by a Polish compressor manufacturer as main supplier of double block and bleed valves for the Woodfibre LNG export facility near Squamish, British Columbia.
Bedford Pumps Ltd has delivered and installed the first three of eight 1600mm submersible axial flow pumps for flood protection in Jakarta, Indonesia, sold via partner Mectron Engineering. The remaining five pumps are due over the next few months.
Anhui Tenglong Pump & Valve Manufacturing plans a new plant in Jing County's electric motor pump and valve industrial base, with 120 million yuan total investment, about 60 mu of land, and expected annual sales of 400 million yuan.
Shandong Hongfeng Intelligent Equipment is starting trial production at its 80,000 sets/year high-end industrial valve plant in Dongying's economic development zone, a project with 150 million yuan fixed-asset investment and about 200 jobs.
Unibloc Hygienic Technologies, a provider of hygienic pumps, acquired UK-based CNC machining firm Metaltech Precision Engineers to vertically integrate its supply chain. Terms were not disclosed.
Baker Hughes has won a contract from Azule Energy to supply subsea trees, manifolds and control systems for the Agogo oil field offshore Angola, with a significant part of the equipment to be made locally. The article is dated March 7, 2023.