IN FOCUS

On December 21, 2013, Manfred Wennemer has informed the Sulzer Board and Management, that he has decided to resign from the board for personal reasons as of December 31, 2013.

Sune Carlsson, Chair of the Board of Atlas Copco AB, has declined reelection at the Annual General Meeting 2014. The Nomination Committee intends to propose Hans Stråberg, Vice Chair, as the next Chair of the Board.

Pumps suppliers around the world will enjoy revenues of just under $40 billion in 2014. This is the latest finding in Pumps World Market published by the McIlvaine Company.

Tim Ruppert has been appointed as Managing Director of Wilo USA, a provider of pumps and pump solutions for water management, building services and groundwater, effective Jan. 1, 2014.

Xylem Inc. has been announced as the winner of the medium business category in the El Espectador Sustainable Awards sponsored by BBVA bank in Colombia. More than 1,800 companies entered the competition, which recognizes companies that implement policies of social responsibility, sustainability and high entrepreneurial standards as part of their daily operations.

Flowserve Corp. announced it has acquired Innovative Mag-Drive, LLC, or Innomag(TM), a privately owned American manufacturer of advanced sealless magnetic drive centrifugal pumps used primarily in the chemical and general industries.

Pump and valve manufacturer KSB has announced a change in the Board of Management at the turn of the year. On 31 December 2013 Professor Dr. Dieter-Heinz Hellmann (71) will retire from the Board of Management of KSB AG as planned; he will assume a function in the KSB-Stiftung [KSB Foundation].

On 11 November 2013, the Frankenthal-based pumps and valves manufacturer received the RWE Supplier Award in the category “Quality Global”. The award ceremony took place as part of the sixth RWE Supplier Conference at the congress centre in Essen with around 800 guests present.

Suppliers of flow control and treatment products including those dealing with air, gases, water and other liquids are generating annual revenues of over $300 billion. Each region of the world is participating both in the manufacture and consumption of these products. In Air/Gas/Water/Fluid Treatment and Control: World Market, McIlvaine Company analyzes the production, imports and exports in each region and country.

Baker Hughes Incorporated announced that the Company s Senior Vice President and Chief Financial Officer, Peter A. Ragauss, intends to retire by the end of next year.