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Parker Hannifin celebrates 50 years of trading on NYSE
NEWS filtration business from Kohlberg & Co LLC, in a US$325 million deal (see Filtration Industry Analyst, April 2014). Headquartered in Windsor, Connecticut, Stanadyne’s filtration business supplies original equipment (OE) and replacement fuel filtration products primarily for off-road, agricultural and construction applications. With 2013 revenues of approximately US$107 million and around 200 employees, the filtration business has manufacturing facilities in Washington, North Carolina and start-up operations in India. The acquisition is expected to be accretive to Clarcor’s 2014 earnings. The newlyacquired business will be included in Clarcor’s Engine/Mobile Filtration segment. For further information, visit www.clarcor.com and www.stanadyne.com
International Forward Osmosis Association launches
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odern Water plc, Hydration Technology Innovations, Trevi Systems and Porifera have launched the International Forward Osmosis Association (IFOA) to promote forward osmosis technology throughout industry and academia. The IFOA is an international nonprofit industry association with a singular focus on commercialising forward osmosis technology. The board of directors includes Modern Water’s William Harvey, Hydration Technology Innovations’ Walt Schultz, Porifera’s Olgica Bakajin and Trevi Systems’ John Webley. The IFOA will host its first Annual World Summit in Lisbon, Portugal 18–19 September 2014.
For further information, visit www.forwardosmosis.biz and http://forwardosmosis.biz/ifoa-world-summit-2014/
Parker Hannifin celebrates 50 years of trading on NYSE
P
arker Hannifin Corp marked 50 years since its initial public offering
May 2014
(IPO) at the New York Stock Exchange (NYSE) by chairman, CEO and president Donald Washkewicz ringing the closing bell on 24 April 2014. Parker listed on the NYSE on 9 December 1964. “When Parker went public in 1964, it was mid-stride in a decade that would bring significant change in advancing our position today as a global leader in motion and control technologies and systems,” said Washkewicz. “Rooted in our founder Art Parker’s vision to benefit customers through innovative engineering, today Parker technologies, powered by 58 000 employees worldwide, can be found in almost anything that requires motion and control - from aerospace to modern healthcare to efficient energy generation - making a positive impact around the world while driving long-term shareholder value.” For further information, visit www.parker.com
Masdar selects 4 companies for energy-efficient desalination pilot
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asdar has awarded contracts to Abengoa, Degrémont, Sidem/Veolia and forward osmosis desalination start-up Trevi Systems to each construct a desalination plant as part of a pilot project in Abu Dhabi. The project is designed to develop and demonstrate energy-efficient seawater desalination technologies efficient enough to be powered by renewable energy. Each company will build and operate its own test plant to develop and demonstrate desalination technologies over the course of 18 months. As part of the pilot project, the four companies will also collaborate with the Masdar Institute of Science and Technology, the research-driven graduate university in Abu Dhabi. “We look forward to working with these four leading companies as they break ground on new desalination technologies,” said HE Dr Sultan Ahmed Al Jaber, chairman of Masdar. “Seawater desalination is an energy intensive process that if left unchecked will become unsustainable over time. We must innovate and discover commercially viable solutions to meet our long-term water needs.
“Water security is one of the most pressing issues around the world,” said Dr Al Jaber. “But with the Gulf region’s climate we have limited natural options. Combining bestin-class desalination technologies with our abundant solar resources is a logical step toward securing our country’s water supplies.” The pilot project test facility will be located in Ghantoot, 90 km northwest of Abu Dhabi. During the course of the project, the test plants will provide 1500 cubic metres of potable water per day to Abu Dhabi’s water infrastructure, enough to meet the water requirements for around 500 homes. For further information, visit www.abengoa.com, www.degremont.com, www.masdar.ae, www.masdar.ac.ae, www.sidem-desalination.com and www.trevisystems.com
Donaldson awards innovation
D
onaldson Co Inc’s 12th Annual Inventor Awards have recognised employees whose work on various technology innovations have contributed to the company’s success. The Richard M Negri Manufacturing Excellence Award is given to Donaldson employees who have created and implemented significant process technology and/or product improvements for the company’s manufacturing operations. This year’s winner is Rodney Switzer, a manufacturing engineer based in Nicholasville, Kentucky. The Technology Achievement Award, given to an employee who has developed a material, product, process or method that has made an extraordinary contribution to Donaldson’s long-term success, went to a number of employees based in Bloomington, Minnesota and in Ostiglia, Italy for the FLK Medium Pressure Bowl Cartridge. Suresh Shenoy, a Corporate Technology senior principal scientist, based in Bloomington, took the prize in the Emerging Innovator Award category, which recognises innovative technical leadership from those with fewer than 10 years of experience at Donaldson. The Technology Champion Award, for an individual who advances a technology or process against popular opinion, was won by Brian Mandt, an Engine Liquid Filtration aftermarket applications engineering manager, also based in Bloomington.
For further information, visit www.donaldson.com
Filtration Industry Analyst
5
International Forward Osmosis Association launches
M
odern Water plc, Hydration Technology Innovations, Trevi Systems and Porifera have launched the International Forward Osmosis Association (IFOA) to promote forward osmosis technology throughout industry and academia. The IFOA is an international nonprofit industry association with a singular focus on commercialising forward osmosis technology. The board of directors includes Modern Water’s William Harvey, Hydration Technology Innovations’ Walt Schultz, Porifera’s Olgica Bakajin and Trevi Systems’ John Webley. The IFOA will host its first Annual World Summit in Lisbon, Portugal 18–19 September 2014.
For further information, visit www.forwardosmosis.biz and http://forwardosmosis.biz/ifoa-world-summit-2014/
Parker Hannifin celebrates 50 years of trading on NYSE
P
arker Hannifin Corp marked 50 years since its initial public offering
May 2014
(IPO) at the New York Stock Exchange (NYSE) by chairman, CEO and president Donald Washkewicz ringing the closing bell on 24 April 2014. Parker listed on the NYSE on 9 December 1964. “When Parker went public in 1964, it was mid-stride in a decade that would bring significant change in advancing our position today as a global leader in motion and control technologies and systems,” said Washkewicz. “Rooted in our founder Art Parker’s vision to benefit customers through innovative engineering, today Parker technologies, powered by 58 000 employees worldwide, can be found in almost anything that requires motion and control - from aerospace to modern healthcare to efficient energy generation - making a positive impact around the world while driving long-term shareholder value.” For further information, visit www.parker.com
Masdar selects 4 companies for energy-efficient desalination pilot
M
asdar has awarded contracts to Abengoa, Degrémont, Sidem/Veolia and forward osmosis desalination start-up Trevi Systems to each construct a desalination plant as part of a pilot project in Abu Dhabi. The project is designed to develop and demonstrate energy-efficient seawater desalination technologies efficient enough to be powered by renewable energy. Each company will build and operate its own test plant to develop and demonstrate desalination technologies over the course of 18 months. As part of the pilot project, the four companies will also collaborate with the Masdar Institute of Science and Technology, the research-driven graduate university in Abu Dhabi. “We look forward to working with these four leading companies as they break ground on new desalination technologies,” said HE Dr Sultan Ahmed Al Jaber, chairman of Masdar. “Seawater desalination is an energy intensive process that if left unchecked will become unsustainable over time. We must innovate and discover commercially viable solutions to meet our long-term water needs.
“Water security is one of the most pressing issues around the world,” said Dr Al Jaber. “But with the Gulf region’s climate we have limited natural options. Combining bestin-class desalination technologies with our abundant solar resources is a logical step toward securing our country’s water supplies.” The pilot project test facility will be located in Ghantoot, 90 km northwest of Abu Dhabi. During the course of the project, the test plants will provide 1500 cubic metres of potable water per day to Abu Dhabi’s water infrastructure, enough to meet the water requirements for around 500 homes. For further information, visit www.abengoa.com, www.degremont.com, www.masdar.ae, www.masdar.ac.ae, www.sidem-desalination.com and www.trevisystems.com
Donaldson awards innovation
D
onaldson Co Inc’s 12th Annual Inventor Awards have recognised employees whose work on various technology innovations have contributed to the company’s success. The Richard M Negri Manufacturing Excellence Award is given to Donaldson employees who have created and implemented significant process technology and/or product improvements for the company’s manufacturing operations. This year’s winner is Rodney Switzer, a manufacturing engineer based in Nicholasville, Kentucky. The Technology Achievement Award, given to an employee who has developed a material, product, process or method that has made an extraordinary contribution to Donaldson’s long-term success, went to a number of employees based in Bloomington, Minnesota and in Ostiglia, Italy for the FLK Medium Pressure Bowl Cartridge. Suresh Shenoy, a Corporate Technology senior principal scientist, based in Bloomington, took the prize in the Emerging Innovator Award category, which recognises innovative technical leadership from those with fewer than 10 years of experience at Donaldson. The Technology Champion Award, for an individual who advances a technology or process against popular opinion, was won by Brian Mandt, an Engine Liquid Filtration aftermarket applications engineering manager, also based in Bloomington.
For further information, visit www.donaldson.com
Filtration Industry Analyst
5