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A contract, worth more than 11 million Euros, was recently signed between the pump manufacturer, Sulzer and Russia’s second largest oil company, Yukos. It is for modernizing 90 water injection pumps, operated by the Yukos owned oil company, Yuganskneftegas.

ITT Industries, Inc. (NYSE: ITT) announced that it has acquired the assets of PCI Membranes from Thames Water. The PCI Membrane products complement ITT Industries Fluid Technology’s pumps, mixers, aeration equipment and wastewater process systems, and will provide significant expansion opportunities for ITT Industries’ Sanitaire in the growing filtration and disinfection segments.

ITT Industries, Inc. (NYSE: ITT) announced that it has purchased the business and assets of the Biopharm Manufacturing Division of Martin Petersen Company, Inc., a leading manufacturer of process systems for the biopharmaceutical industry.

ITT Industries, Inc. (NYSE: ITT) announced the appointment of Robert M. Powers to the position of Director, Investor Relations. Most recently, Powers was Director, Head of Business Services – Investment Banking Group of Merrill Lynch.

The book gives an understanding of hydraulic components and their operational priciples as well as analytical methods that are used in system design and performance prediction.

The Flowserve Corporation (NYSE:FLS) announced that Christopher Bartlett was elected to the corporation’s board of directors, effective Jan. 1, 2003.

Exclusive bearing isolator offering for process equipment will extend life cycle. Inpro/Seal Company and ITT PRO Services Division of ITT Industries [NYSE: ITT], the world’s largest pump producer, have formed an alliance to provide process equipment operators with upgraded repairs featuring Inpro bearing isolators.

Sulzer Pumps and Düchting Pumpen will debut their new partnership at POWER-GEN International exhibition on 10-12 December 2002 in Orlando, Florida. They are jointly marketing pumps of highly wear resistant SICcast®, an innovative silicon carbide and mineral composite, for flue gas desulphurization (FGD) applications.

Sulzer Pumps is supplying both the booster and main pipeline pumps for Fujairah Water and Power Project (Pipelines) in the United Arab Emirates. The multi million dollar contract consists of 4 Booster Pumps type SMN(H) 602-900 and 4 Main Pumps type HPDM 600-900-s+s/30. Stage 1 of the water transport system will be put into operation in the summer of 2003.

Sulzer Pumps Finland Oy, Karhula Foundry was been awarded for its considerable investment in environmental protection in the recent years.