IN FOCUS

Liquid cartridges can be segmented by construction. String wound are commodity designs as are some nonwovens. However there are high performance nonwovens and membrane cartridges which are used in critical applications in the pharmaceutical, chemical and semiconductor industry.

GEA Group Aktiengesellschaft has signed a EUR 150 million loan agreement running until 2025 with the European Investment Bank (EIB) to finance its research, development and innovation spending.

The semiconductor industry growth is higher than that of other industries purchasing combust flow and treat products and services.

It is now possible to obtain product forecasts for each potential power plant customer. These forecasts can become the foundation of a sales program. McIlvaine can provide forecasts for more than 20,000 large units and another 30,000 smaller utility and industrial units.

It is now economically beneficial to forecast pump purchases at many thousands of plants. Since the average industrial pump is replaced every 10 years and since repairs and service generate costs equal to 75 percent of the initial price over the 10 year period, the market for replacement pumps and repairs/service is seven times higher than the market for new pumps for new systems.

The semiconductor industry is a large and growing market for combust, flow and treat (CFT) products. In 2019 the industry will spend $15.4 billion for these products. The top five purchasers will account for 40 percent of the total.

Endress+Hauser increased sales and profit in 2017. The Group benefited from stronger industry conditions and introduced a wide range of product innovations, including the first digital services offering. Numerous new hires, substantial investments and great strides in the area of sustainability underscore the Group’s balanced growth.

Xylem reported first quarter 2018 net income of $79 million, or $0.43 per share.

Parker Hannifin Corporation reported results for the fiscal 2018 third quarter ended March 31, 2018.

Pfeiffer Vacuum exceeded the previous year’s record sales in the first quarter of 2018. Its sales increased by 24.4% to EUR 170.4 million (previous year: EUR 136.9 million). Of its total sales, EUR 16.0 million was generated by the companies Nor-Cal Products, ATC and Dreebit, all of which it acquired in the previous year.