Tekno Valves plans to raise production from about 1.2 million valves a year to 1.5 million by December 2022 and 2 million by 2025 at its West Bengal facility. The total investment is Rs 35 crore, invested in phases.
Abu Dhabi National Oil Company has awarded TechnipFMC its largest-ever surface technologies contract, a 10-year framework agreement for wellheads, trees and associated services. TechnipFMC will expand in-country manufacturing, assembly and test capabilities in Abu Dhabi.
TechnipFMC, through Gulf Automation Services and Oilfield Supplies, was awarded a 10-year framework agreement by Abu Dhabi National Oil Company for wellheads, trees and associated services. TechnipFMC will expand manufacturing, assembly and test capacity in Abu Dhabi. The company describes it as a major contract over $1 billion.
Trendsetter Engineering (TEI) won a framework agreement from BHP for subsea manifolds, HIPPS and subsea connection and jumper systems supporting the Shenzi North expansion in the Gulf of Mexico, with deliveries from Q4 2022 to Q1 2023.
Crane ChemPharma & Energy, a business of Crane Co, broke ground on a new Saunders valves factory in Cwmbran, UK, dedicated to Saunders products, with opening planned for 2022.
The Department of National Defence awarded Contro Valve Inc a contract worth CAD 3,255,511.92 for diaphragm stop valves and fluid pressure regulating valves, delivered to CFB Esquimalt and CFB Halifax. The award date was 2 December 2021.
JC-Valves installed another Okuma CNC lathe in its machining area at its Sant Boi de Llobregat factory in Spain to increase production capacity for special valves.
SBP Holdings has acquired Watts Steam Store and subsidiaries, which operates three locations in Twin Falls and Idaho Falls, Idaho and Ogden, Utah. The business will join SBP's Dakota Fluid Power platform, announced December 1, 2021.
Industrial Flow Solutions has acquired Clearwater Controls Ltd, a UK provider of intelligent pump-monitoring and anti-ragging solutions. The deal was reported on December 1, 2021.
Pittsburgh-based West View Cunningham Co. bought certain assets of G&W Industrial Sales of Parkersburg, West Virginia, taking over sales of Wilden Pumps and Strahman Valves product lines. The deal strengthens its Parkersburg location's engineering and maintenance capabilities.
Ampo Poyam Valves and Nigeria Machine Tools agreed to set up a local subsidiary to design and manufacture highly engineered valves for Nigeria's energy industry. The partnership aims to serve West African customers.
Buffalo Pumps, a division of Ampco-Pittsburgh subsidiary Air & Liquid Systems, was selected by Fincantieri Marinette Marine to supply centrifugal pumps for US Navy guided-missile frigates. The six-year contract has a ceiling value of USD 22.0 million, with shipments expected from late 2022.
Maadaniyah CEO Shaker Otaibi said construction of a high-pressure valve plant serving the oil and petrochemical sector will begin in early 2022 on a land plot at King Salman Energy Park in Saudi Arabia.
HMEL awarded AMPO POYAM Valves a contract to design and manufacture more than 2,200 cryogenic and non-cryogenic gate, globe and check valves for its new petrochemical complex at the Guru Gobind Singh Refinery in Bathinda, Punjab.
BMT held a groundbreaking ceremony for a new plant in Gijang-gun, Busan, with construction investment of about KRW 34 billion and annual production capacity rising from KRW 150 billion to KRW 300 billion. Completion is planned for March 2023.
PJ Valves was awarded two FPSO valve contracts totalling about $11 million for the Buzios and Mero 3 projects in the Santos and Campos basins offshore Brazil. Deliveries are planned from 2022 to 2024.
BAOYI Group Co., Ltd. was awarded Section 2 of the Yulong Island Refining and Chemical Integration Project (Phase I) by Shandong Yulong Petrochemical Co., Ltd. The article does not state the value of BAOYI's contract.
Watson-Marlow has broken ground on a 150,000 sq ft manufacturing facility at Devens, Massachusetts, for peristaltic pumps, tubing and fluid path products. The site is expected to create over 150 positions.
Air Hydro Power Inc. of Louisville, Kentucky acquired the assets of Gatterdam Industrial Services, a provider of electrical motor, monitoring and fluidic pump repair and field services, effective November 15, 2021. The acquisition adds twenty employees.
Controls technology company SJE Inc. has purchased L. W. Allen LLC and its Altronex brand, which supply pumps and control systems for municipal water and wastewater in Madison, Wisconsin. The announcement is dated November 18, 2021, and no value was disclosed.
Blackmer, part of Dover's PSG, started a construction and renovation project at its Grand Rapids, Michigan headquarters adding 56,000 square feet of manufacturing, R&D and training space. The project is due for completion in June 2023 and will create more than 50 jobs.
Neles and thyssenkrupp Uhde Chlorine Engineers signed a frame agreement for the delivery of valve solutions for green hydrogen applications. The announcement was dated November 17, 2021.
AxFlow Holding AB acquired majority ownership of Starline Valves Oy, a Vantaa-based Finnish distributor of valves and actuators. Starline Services S.P.A. of Italy remains a strategic partner and minority owner.
Trendsetter Engineering signed a framework agreement with BHP to supply subsea manifolds, HIPPS systems and connection and jumper systems for the Shenzi North project in the US Gulf of Mexico. Equipment deliveries are scheduled for Q4 2022 to Q1 2023.
Xifolong Valve Group won lots 1, 4 and 5 of a valve procurement tender from China National Nuclear Corporation, with a combined award of 41.3072 million yuan. The results were published on November 10, 2021.
Xi'an Aerospace Yuanzheng Fluid Control won an oil transfer valve project from an unnamed Shandong enterprise with a contract value of 51.58 million yuan, announced on 12 November 2021. The company describes it as its largest single valve contract to date.
Kevin Hunt has stepped down as President of ValvTechnologies following the Severn Group acquisition. Chad Bowers, previously Director of Manufacturing, takes the role of President.
Severn Group, a UK family of specialist valve companies, has acquired Houston-based ValvTechnologies, a maker of metal-seated, zero-leakage severe-service valves. ValvTechnologies will keep operational independence within the group. The deal was announced on 6 November 2021.
Valmet Oyj and Neles Corporation now target completion of their merger on or before April 1, 2022, instead of January 1, 2022, because regulatory reviews are taking longer. The merger was first announced on July 2, 2021.
Public Works and Government Services Canada awarded Pumps Plus Ltd. a non-competitive contract for compressors and vacuum pumps for Fisheries and Oceans Canada, with an amendment value of CAD 100,000, on 2021-11-04.
WILO USA LLC, a subsidiary of WILO SE, acquired the operating business of QuantumFlo, Inc., a maker of pressure boosting and intelligent pump systems based in Sanford, Florida, in an asset deal that closed on September 30, 2021.
Quality Valve, a Mobile, Alabama valve and parts distributor, acquired Griffco Valve of Amherst, New York as of November 15, 2021. Griffco will keep its headquarters in Amherst and plans further investment in inventory and capacity.
Avantor completed its acquisition of the Masterflex bioprocessing business from Antylia Scientific, a portfolio company of GTCR and Golden Gate Capital. Masterflex is a manufacturer of peristaltic pumps and single-use fluid transfer technologies based in Illinois.
PE Energy officially opened a 11,000 m2 Centre of Excellence in Port Harcourt, Nigeria, for valve assembly and actuation, metering, pump and compressor solutions, and process automation integration. The facility aims to boost use of local materials and talent.
Neles Corporation completed its acquisition of the valve and pump businesses of Finland-based Flowrox on 1 November 2021. The deal adds 110 employees and mining and metals flow-control products to Neles.
Liberty Pumps has broken ground on a $13.5 million, 107,000-square-foot Materials Center expansion in Bergen, Genesee County, New York, expected to support 30 additional jobs.
Ingersoll Rand agreed to acquire Air Dimensions Inc., a Deerfield Beach, Florida maker of vacuum diaphragm pumps, for $70.5 million in cash, with closing planned for October 29, 2021.
CNOOC's Shenzhen branch awarded lot one of the electric valve tender for the Enping 15-1 oilfield group development project to Fangzheng Valve Group for CNY 6,248,843.50 including VAT, announced October 28, 2021.
Atlas Copco has agreed to acquire HHV Pumps Pvt. Ltd., a Bengaluru-based designer and manufacturer of vacuum pumps with 151 employees, with the undisclosed deal expected to close in Q1 2022.
Qingdao Weilong Valve was named winning bidder for the Shenzhen Water Group 2021-2023 secondary water supply tender for stainless steel pressure reducing valves, air release valves and filters, with a bid amount of 106 million yuan, subject to a final contract.
Qingdao Weilong Valve was named winning bidder for the Shenzhen Water Group 2021-2023 secondary water supply tender for stainless steel multifunction pump control valves and check valves, with a bid amount of 145 million yuan, subject to a final contract.
PetrolValves Group won the supply of the high pressure turbine bypass system for the Atinkou combined cycle power project in Ivory Coast, including design, manufacturing and supply of HP bypass valves, water control valve and desuperheating system.
Watson-Marlow will begin construction in October 2021 on a 150,000 square foot manufacturing facility in Devens, Massachusetts, with first production due in late 2022. The site will make peristaltic pumps, tubing and fluid path solutions for life sciences and process customers.
Vestum is acquiring Lakers Group, a Norwegian water and wastewater company focused on pump technology and aftermarket services with about 400 employees and NOK 1.2 billion in revenue. The deal is expected to lift Vestum's revenue and profit by about 50 percent.
Brown Brothers Engineers New Zealand acquired Galbraith Engineering Ltd, a fire pump and pump station supplier, with the transaction completed on 13 October 2021. The announcement was published on 19 October 2021.
Dalgakiran Compressor Ukraine completed a supply project delivering French Milton Roy diaphragm metering pumps to UkrGasVydobuvannya for a gas field in Shebelinka, Kharkiv region.
Armstrong International completed its acquisition of Leslie Controls' control valve and steam water heater business during Q3 2021. The deal expands Armstrong's product range and global channel network.
Spanish valve maker Ringo Válvulas plans to invest up to €8 million in an 8,000 m² factory in the Empresarium industrial estate to expand production capacity.
PetrolValves Group was awarded the supply of a high-pressure steam turbine bypass system, including valves, actuators and desuperheating system, for the Atinkou Combined Cycle Project in Ivory Coast.
Baker Hughes Masoneilan will supply 335 control valves for the Diamond Green Diesel renewable diesel plant being built at Valero's Port Arthur refinery in Texas. Completion is scheduled for second-half 2023.