IN FOCUS

The FPSO pump market, valued at US$ 1.9 billion in 2023, is projected to grow at a robust CAGR of 11.2%, reaching US$ 5.9 billion by 2034. The market is poised for substantial growth due to increasing offshore exploration and production activities, particularly in Latin America, the Middle East & Africa, and Asia Pacific.

WEG, a global provider of motor, drive and asset management systems, confirms its ‘Gold Package’ sponsorship of the Europump 2025 Annual Meeting and General Assembly. This prestigious event, gathering senior executives from across the European pump industry, will be held from 21st to 23rd May 2025 at the Hilton Hotel in Prague, Czech Republic.

GEA, a global plant and mechanical engineering company, has received the highest accolade, the Platinum Status, in the renowned EcoVadis sustainability assessment. With its score, GEA now ranks among the top one percent worldwide of assessed companies in 2024.

Celeros Flow Technology has invested in new test equipment, as well as a customer suite, at its plant in Cathcart, Glasgow, Scotland. The new facilities, designed with a focus on sustainability, will enable increased testing capacity to support future business growth, as well as provide a significantly improved customer experience.

AxFlow has reached an agreement to divest INNVA A/S to Hawle Austria Group. This decision comes after five successful years of collaboration and growth with INNVA as part of AxFlow Norway.

Sulzer adds South Africa, Ireland and Finland to its group of Top Employer countries in 2025, also gaining recertification for Brazil, China, Germany, Switzerland, the UK and the USA. With these new country awards, Sulzer is recognized for the first time as a regional Top Employer in Europe.

Armstrong Fluid Technology has announced a new partnership with Parts Town, a leading distributor of original equipment manufacturer (OEM) HVAC parts. This collaboration will improve access to critical components and deliver expanded service excellence to customers.

Global sealing expert Freudenberg Sealing Technologies is starting the new year with a new management team. As of January 1, 2025, the company’s management team consists of Dr. Matthias Sckuhr (CEO), Kerstin Borrs (CFO) and Gary VanWambeke (CTO). Under this alignment, the CTO will also assume responsibility for tasks formerly assigned to a COO position.

The World Economic Forum (WEF) has recognized Siemens’ location in Fürth, Germany, as a Sustainability Lighthouse. This model plant in Fürth is the 21st factory worldwide to receive this honor to date.

The Hydraulic Institute (HI) announces the launch of its new Pump System Certification (PSC) program. Designed to help address the growing need for skilled professionals in the pump and fluid handling industries, this program provides a formal, industry-recognized certification to validate expertise in critical pump system knowledge.