The general assembly approved the yearend result for 2022 for the DESMI Group – a record-high net revenue of DKK 1,880 million and a profit before tax of DKK 199.5 million, which is considered very satisfactory under the given preconditions in the market and the political tensions globally.
Global demand for essential products like water, gas and oil is growing, which means that pipelines and processing plants such as pressure vessels are getting bigger. To ensure continuity of supply and minimise downtime, maintenance teams need to gain safe and rapid access to critical plants that require servicing or repair.
Valmet will deliver a Valmet DNA Automation System retrofit to Sabiya Power and Water Distillation Station in Kuwait, owned by the country’s Ministry of Electricity & Water & Renewable Energy. The new system will replace an existing control system in distillation units 1-8 and recarbonation.
SEEPEX is pleased to announce the promotion of two tenured team members and a new sales team member. Eugene Silvers is now the SEEPEX Industrial Sales Manager and Jason McPeek is the new Environmental Market Manager for the Northeast.
ITT Inc.’s Engineered Valves announced the launch of the Cam-Tite Ball Valve GV Series, an innovative valve solution designed as a direct dimensional and upgraded replacement for severe service applications. The GV Series utilizes advanced sealing technology to isolate and contain highly hazardous liquids and gases to protect the safety of operators and prevent fugitive emissions.
Atlas Copco has acquired the assets of James E. Watson & Co. The company is a distributor of vacuum equipment and service solutions.
The multinational Wilo Group is strengthening its ties to Southeast Asia. At the Hannover Messe exhibition, Oliver Hermes, President & CEO of the Wilo Group, exchanged views with Dr Bambang Susantono, who as Chairman of the Nusantara National Capital Authority is responsible for the planning and construction of the new Indonesian capital in the east of the island of Borneo.
Major energy producer in Canada uses local canola oil to produce renewable diesel at industrial scale – relying on a range of Sulzer flow equipment, including specially designed centrifugal pumps. The biofuel will be used to power vehicles, trains and industrial boilers.
Nicolaus Krämer is the new Chairman of the VDMA Pumps + Systems Association. The members elected the Chief Executive and Chief Operating Officer of HERMETIC-Pumpen GmbH to his post at the general meeting at the end of April.
FAULHABER has added another extremely compact Motion Controller without housing to its product range. The new Motion Controller is ideal for integration in equipment manufacturing and medical technology applications. With 36 V and 3 A, it covers the power range up to approx. 100 W and is suitable for DC-motors with encoder, brushless drives or linear motors.
