IN FOCUS

Pfeiffer Vacuum announced preliminary figures for FY 2016. According to unaudited figures, sales amounted to € 474.2 million, an increase of 5.0 percent over the previous year (€ 451.5 million) and surpassing its sales guidance of € 470 million, concluding one of most successful years in the company’s history.

GF has developed itself in 2016 fully in line with its strategic objectives 2016–2020. Sales and profits increased anew and all three divisions generated value.

MOL Group announced its financial results for 2016. MOL Group significantly outperformed its initial USD 2bn target for 2016 and delivered a clean CCS EBITDA of USD 2.15bn, which is only moderately down compared with the previous year.

Wilo USA is pleased to welcome Mike Conti as the new Regional Sales Manager of Residential and Commercial Building Services for the Southwest Region, United States.

Flowserve Corporation announced that John E. (Jay) Roueche III, Flowserve s vice president, investor relations and treasurer, will assume the role of interim chief financial officer, effective immediately. Mr. Roueche s appointment follows Karyn Ovelmen s departure from the company as executive vice president and chief financial officer.

The market for ultrapure water systems and components will exceed $12 billion in 2026 according to the latest McIlvaine forecasts. This includes $2 billion of IIoT related products and services supplied by ultrapure water system and product manufacturers.

Due to the rapid development of the Industrial Internet of Things (IIoT) it is clear that there will be a large sedimentation and centrifugation market, but it is less clear who will be the purchasers. Centrifuge manufacturers are well positioned to take a leading role due to the challenging maintenance requirements for this high-speed equipment.

Netzsch has expanded its sales force by hiring Andreas Schmidt as the Regional Sales Manager for the Western Region.

Following another exhaustive Judging Panel session at the offices of the BPMA on 1st February, the 2017 Pump Industry Awards Finalists have been determined.

Düsseldorf-based engineering group GEA has just published preliminary figures for the 2016 financial year, together with a business outlook for 2017.