IN FOCUS

2017 will be a good year for those flow control and treatment companies selling into the petrochemical industry in East Asia. Production for this region will exceed 45 percent of the world total.

The shareholders elected Frederico Fleury Curado, Robyn Denholm, David Meline and Satish Pai to join the Board. Peter Voser, Jacob Wallenberg, Matti Alahuhta, David Constable, Louis R. Hughes, Michel de Rosen and Ying Yeh were re-elected for another term. The shareholders also voted for the proposed Compensation Committee members.

On the occasion of the Annual General Meeting, GEA Group Aktiengesellschaft announced its preliminary order intake for the first quarter of 2016.

Next year the purchases of water and wastewater treatment chemicals will exceed $27 billon. This represents the final price to the end user. Much of the revenue sticks with the companies who mix commodity chemicals to provide custom treatment. Ecolab and GE Betz are examples of the companies with the expertise to recommend the right chemical blend and then to furnish it. Much of the value is generated by the process knowledge of the supplier.

Sales of clarifiers, dissolved air flotation, hydro-cyclones and centrifuges for the oil and gas industry will be level in 2016 at $400 million. This makes it a small segment in the $7.4 billion sedimentation and centrifugation market.

Billions of dollars of flow control and treatment equipment will be purchased by the oil, gas and refining industries in the next 12 months. These projects are identified in N049 Oil, Gas, Shale and Refining Markets and Projects.

HMS Group releases the statement regarding its guidance for FY 2015 and FY 2016.

The $350 billion flow control and treatment market is undergoing a steady change caused by growth disparity between regions and expansion of international companies in the high growth regions.

Global, national, technology and regulatory factors are all shaping the future of the industrial pump industry. The best forecast today may not be the best forecast tomorrow based on some singular event. A case in point would be the surprise decision by the U.S. Supreme Court to vacate the Clean Power Plan. Because China accounts for more than 30 percent of pump purchases, any economic change in that country will potentially have measureable impact on global market forecasts.

Fristam Pumpen finished its fiscal year with a new sales record. With 87 million Euros in sales, the German pump manufacturer based in Hamburg exceeded the previous year’s figure by 12 %. The company’s strong market position in Europe and North America had a positive effect. In terms of product lines, significant growth rates were achieved with mixers, homogenizers and pumps for non-hygienic applications.