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Alfa Laval secures SEK120mn Framo order
4
Business news
WORLD PUMPS
December 2014
Acquisition expands Knox Capital invests Dover’s artificial lift business in Stancor Dover Corp has acquired Accelerated Companies LLC, a supplier of artificial lift and fluid handling solutions for oil & gas production markets, in a deal valued at US$430 million.
Lift business unit within Dover’s Energy segment.
Headquartered in The Woodlands, Texas, Accelerated Companies’ products include electric submersible pumps (ESPs), hydraulic jet pump systems, gas lift systems, surface pumping and modular process systems for filtration, separation, heating and other fluid handling operations.
Soma Somasundaram, president and CEO of Dover’s Energy segment, said: “The acquisition of Accelerated will allow us to benefit from the emerging North American trend of installing ESP systems early in the well completion cycle of high flow unconventional oil wells. With Accelerated, Dover will not only participate in the fastest growing segment of the artificial lift market, but we will also establish an earlier touch point with our customer.”
Accelerated Companies will become part of the Dover Artificial
www.acceleratedproduction.com www.doverals.com
Alfa Laval secures SEK120mn Framo order Alfa Laval is to supply Framo water pumping systems to an offshore oil drilling platform that will be located east of Newfoundland. The SEK120 million order consists of water pumping systems for the offshore oil platform in the Atlantic Ocean off the Canadian coast.
This is the second large order for Framo products that Alfa Laval has announced since Frank Mohn AS was acquired earlier this year. In August 2014, Alfa Laval booked a SEK240 million order to supply Framo pumping systems to Samsung Heavy Industries in South Korea.
SPX will provide a spray drying system featuring the company’s homogenizers, heat exchangers,
pumps, valves, atomizers and air filtration equipment. The core SPX technology and control system will be designed and managed from SPX’s global design centre in Denmark. www.spx.com
Headquartered in Monroe, Connecticut, Stancor designs and manufactures electric submersible pumps, controls and related replacement parts and accessories for critical heavy
industrial applications in the mining, utility, commercial construction and wastewater industries. Stancor management will now work closely with Knox Capital’s operating team to manage a transition for Stancor’s existing owners and employees. www.stancorpumps.com
Torishima to supply pumps for PEMEX plant Torishima has received an order for four high pressure and four low pressure feedwater pumps from Spain’s ABENCOR for a PEMEX cogeneration power plant near Villahermosa in Mexico. The project will increase the plant’s power output from 300 MW to 480 MW. ABENCOR is in charge of supplying the main equipment used in the
power generation, seawater desalination and water transfer plants constructed by its parent company ABENGOA group. Torishima, a strategic partner of ABENCOR, hopes to use this latest project as a springboard to further develop relations with PEMEX in high-tech pump services and energy recovery. www.torishima.co.jp
Wilo appoints new head of sales for DACH region
www.alfalaval.com
Infant formula producer selects SPX drying system SPX Corp has won a contract worth more than US$10 million from a global producer of infant formula to expand its drying plant in India.
US private investment firm Knox Capital Holdings LLC has become a significant shareholder of electric submersible pump producer Stancor Inc.
Christian Kruse is joining Wilo SE as the new head of sales in Germany, Austria and Switzerland (DACH region). Kruse takes over from Carsten Krumm, who has recently joined the Wilo board. With a background in economics, Kruse most recently worked in sales for Stiebel Eltron GmbH & Co
KG, a renewable energy, hot water, air-conditioning and space heating technology company. “Christian Kruse has years of experience and a deep knowledge of the operational and strategic sales environment,” said Eric Lachambre, chief operating officer of the Wilo group. www.wilo.com
For more business news, read Pump Industry Analyst every month. Download a sample copy at www.pumpindustryanalyst.com www.worldpumps.com
Business news
WORLD PUMPS
December 2014
Acquisition expands Knox Capital invests Dover’s artificial lift business in Stancor Dover Corp has acquired Accelerated Companies LLC, a supplier of artificial lift and fluid handling solutions for oil & gas production markets, in a deal valued at US$430 million.
Lift business unit within Dover’s Energy segment.
Headquartered in The Woodlands, Texas, Accelerated Companies’ products include electric submersible pumps (ESPs), hydraulic jet pump systems, gas lift systems, surface pumping and modular process systems for filtration, separation, heating and other fluid handling operations.
Soma Somasundaram, president and CEO of Dover’s Energy segment, said: “The acquisition of Accelerated will allow us to benefit from the emerging North American trend of installing ESP systems early in the well completion cycle of high flow unconventional oil wells. With Accelerated, Dover will not only participate in the fastest growing segment of the artificial lift market, but we will also establish an earlier touch point with our customer.”
Accelerated Companies will become part of the Dover Artificial
www.acceleratedproduction.com www.doverals.com
Alfa Laval secures SEK120mn Framo order Alfa Laval is to supply Framo water pumping systems to an offshore oil drilling platform that will be located east of Newfoundland. The SEK120 million order consists of water pumping systems for the offshore oil platform in the Atlantic Ocean off the Canadian coast.
This is the second large order for Framo products that Alfa Laval has announced since Frank Mohn AS was acquired earlier this year. In August 2014, Alfa Laval booked a SEK240 million order to supply Framo pumping systems to Samsung Heavy Industries in South Korea.
SPX will provide a spray drying system featuring the company’s homogenizers, heat exchangers,
pumps, valves, atomizers and air filtration equipment. The core SPX technology and control system will be designed and managed from SPX’s global design centre in Denmark. www.spx.com
Headquartered in Monroe, Connecticut, Stancor designs and manufactures electric submersible pumps, controls and related replacement parts and accessories for critical heavy
industrial applications in the mining, utility, commercial construction and wastewater industries. Stancor management will now work closely with Knox Capital’s operating team to manage a transition for Stancor’s existing owners and employees. www.stancorpumps.com
Torishima to supply pumps for PEMEX plant Torishima has received an order for four high pressure and four low pressure feedwater pumps from Spain’s ABENCOR for a PEMEX cogeneration power plant near Villahermosa in Mexico. The project will increase the plant’s power output from 300 MW to 480 MW. ABENCOR is in charge of supplying the main equipment used in the
power generation, seawater desalination and water transfer plants constructed by its parent company ABENGOA group. Torishima, a strategic partner of ABENCOR, hopes to use this latest project as a springboard to further develop relations with PEMEX in high-tech pump services and energy recovery. www.torishima.co.jp
Wilo appoints new head of sales for DACH region
www.alfalaval.com
Infant formula producer selects SPX drying system SPX Corp has won a contract worth more than US$10 million from a global producer of infant formula to expand its drying plant in India.
US private investment firm Knox Capital Holdings LLC has become a significant shareholder of electric submersible pump producer Stancor Inc.
Christian Kruse is joining Wilo SE as the new head of sales in Germany, Austria and Switzerland (DACH region). Kruse takes over from Carsten Krumm, who has recently joined the Wilo board. With a background in economics, Kruse most recently worked in sales for Stiebel Eltron GmbH & Co
KG, a renewable energy, hot water, air-conditioning and space heating technology company. “Christian Kruse has years of experience and a deep knowledge of the operational and strategic sales environment,” said Eric Lachambre, chief operating officer of the Wilo group. www.wilo.com
For more business news, read Pump Industry Analyst every month. Download a sample copy at www.pumpindustryanalyst.com www.worldpumps.com