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Dow awards EPC contract for Saudi water membrane facility
filtration
industryANALYST ISSN 1365-6937 August 2014
www.filtrationindustryanalyst.com
GEA to cut jobs and realign group
G
EA Group AG is planning to axe around 1000 jobs over the next 2–3 years as the company targets annual cost savings of at least E100 million by the end of 2017 under its “Fit for 2020” project. GEA will introduce a new group structure in 2015, with two business areas: Equipment and Solutions. The four current segments – Farm Technologies; Mechanical Equipment; Process Engineering; and Refrigeration Technologies – will be moved to the two new business areas. Following the recent sale of its heat exchanger business, GEA is sharpening its focus on the food and beverage industries, which currently account for about 75% of the group’s order intake. Sales and Service activities will be merged into one organization per country.
Administrative functions will also be streamlined, standardized and managed centrally. “The future GEA will have substantially flatter hierarchies, act more closely to the local customer and boast a distinctly clearer footprint as a globally uniform brand. Further details of the new organization will now be determined in a blueprint detailing phase until the end of the year,” said Jürg Oleas, CEO of GEA Group AG.
T
Company Profile Ahlstrom MFRI
6 7
Company Watch Alfa Laval Calgon Carbon CECO Environmental Cummins Metso Sartorius SPX Xylem
8 8 9 9 10 10 11 11
Diary
15
For further information, visit www.gea.com
Dividends
5
COMMENT
Exchange Rates
16
Having divested its heat exchanger business, GEA is now realigning its group structure to create a platform for growth. ■
Financial Calendar
14
In Brief New Product Developments
Dow awards EPC contract for Saudi water membrane facility he Dow Chemical Co has chosen Fluor Corp as its engineering, procurement and construction (EPC) contractor for its reverse osmosis (RO) manufacturing facility in Saudi Arabia. Located in Jubail Industrial City II at the Sadara Chemical Co complex, the facility will manufacture high-tech RO elements that purify water for drinking and industrial uses. Products will include Dow FILMTEC brackish water RO elements and seawater RO elements. The new facility will supply the local Saudi Arabian market as well as the wider Middle East and Africa region and markets, including Eastern Europe, India, China and South East Asia. “This state-of-the-art facility will bring enhanced capabilities and capacity to
Contents
Dow’s RO business in Saudi Arabia, and perfectly aligns to the Kingdom’s drive to offer increasingly diverse employment opportunities for Saudi nationals,” said Snehal Desai, global business director, Dow Water & Process Solutions. “This investment also complements our activities at the Dow KSA Research Centre at King Abdullah University of Science and Technology (KAUST), where our research focuses specifically on RO solutions, in combination with ultrafiltration (UF) pre-treatment for seawater desalination.” This is Dow’s first facility of its kind built outside the US. It is expected to be completed by end of 2015. For further information, visit www. dowwaterandprocess.com, www.dowmiddleeast.com, www.dow.com and www.fluor.com
4 14
News GEA to cut jobs and realign group Dow awards EPC contract for Saudi water membrane facility New divisional structure for FLSmidth Metso outlines new strategy and operating model Dundee Sarea acquires Italy’s Redecam Dover’s OPW buys Liquip refuelling equipment business Aquarion sets up Russian subsidiary Outotec builds Denver base Croft Filters celebrates record sales New name and owner for Ashland Water Technologies EMD Millipore opens training facility in Tokyo Jacobs’ new Texas location to serve Permian Basin CECO expands in APC market with HEE acquisition Donaldson to acquire UAE filter maker Northern Technical
1
16
Orders & Contracts
13
People & Appointments
12
Stock Watch
15
1 2 2 3 3 3 4 4 4 5 5 16
ISSN 1365-6937/14 © 2014 Elsevier Ltd. All rights reserved. This journal and the individual contributions contained in it are protected under copyright by Elsevier Ltd, and the following terms and conditions apply to their use: Photocopying Single photocopies of single articles may be made for personal use as allowed by national copyright laws. Permission of the publisher and payment of a fee is required for all other photocopying, including multiple or systematic copying, copying for advertising or promotional purposes, resale, and all forms of document delivery. Special rates are available for educational institutions that wish to make photocopies for non-profit educational classroom use.
industryANALYST ISSN 1365-6937 August 2014
www.filtrationindustryanalyst.com
GEA to cut jobs and realign group
G
EA Group AG is planning to axe around 1000 jobs over the next 2–3 years as the company targets annual cost savings of at least E100 million by the end of 2017 under its “Fit for 2020” project. GEA will introduce a new group structure in 2015, with two business areas: Equipment and Solutions. The four current segments – Farm Technologies; Mechanical Equipment; Process Engineering; and Refrigeration Technologies – will be moved to the two new business areas. Following the recent sale of its heat exchanger business, GEA is sharpening its focus on the food and beverage industries, which currently account for about 75% of the group’s order intake. Sales and Service activities will be merged into one organization per country.
Administrative functions will also be streamlined, standardized and managed centrally. “The future GEA will have substantially flatter hierarchies, act more closely to the local customer and boast a distinctly clearer footprint as a globally uniform brand. Further details of the new organization will now be determined in a blueprint detailing phase until the end of the year,” said Jürg Oleas, CEO of GEA Group AG.
T
Company Profile Ahlstrom MFRI
6 7
Company Watch Alfa Laval Calgon Carbon CECO Environmental Cummins Metso Sartorius SPX Xylem
8 8 9 9 10 10 11 11
Diary
15
For further information, visit www.gea.com
Dividends
5
COMMENT
Exchange Rates
16
Having divested its heat exchanger business, GEA is now realigning its group structure to create a platform for growth. ■
Financial Calendar
14
In Brief New Product Developments
Dow awards EPC contract for Saudi water membrane facility he Dow Chemical Co has chosen Fluor Corp as its engineering, procurement and construction (EPC) contractor for its reverse osmosis (RO) manufacturing facility in Saudi Arabia. Located in Jubail Industrial City II at the Sadara Chemical Co complex, the facility will manufacture high-tech RO elements that purify water for drinking and industrial uses. Products will include Dow FILMTEC brackish water RO elements and seawater RO elements. The new facility will supply the local Saudi Arabian market as well as the wider Middle East and Africa region and markets, including Eastern Europe, India, China and South East Asia. “This state-of-the-art facility will bring enhanced capabilities and capacity to
Contents
Dow’s RO business in Saudi Arabia, and perfectly aligns to the Kingdom’s drive to offer increasingly diverse employment opportunities for Saudi nationals,” said Snehal Desai, global business director, Dow Water & Process Solutions. “This investment also complements our activities at the Dow KSA Research Centre at King Abdullah University of Science and Technology (KAUST), where our research focuses specifically on RO solutions, in combination with ultrafiltration (UF) pre-treatment for seawater desalination.” This is Dow’s first facility of its kind built outside the US. It is expected to be completed by end of 2015. For further information, visit www. dowwaterandprocess.com, www.dowmiddleeast.com, www.dow.com and www.fluor.com
4 14
News GEA to cut jobs and realign group Dow awards EPC contract for Saudi water membrane facility New divisional structure for FLSmidth Metso outlines new strategy and operating model Dundee Sarea acquires Italy’s Redecam Dover’s OPW buys Liquip refuelling equipment business Aquarion sets up Russian subsidiary Outotec builds Denver base Croft Filters celebrates record sales New name and owner for Ashland Water Technologies EMD Millipore opens training facility in Tokyo Jacobs’ new Texas location to serve Permian Basin CECO expands in APC market with HEE acquisition Donaldson to acquire UAE filter maker Northern Technical
1
16
Orders & Contracts
13
People & Appointments
12
Stock Watch
15
1 2 2 3 3 3 4 4 4 5 5 16
ISSN 1365-6937/14 © 2014 Elsevier Ltd. All rights reserved. This journal and the individual contributions contained in it are protected under copyright by Elsevier Ltd, and the following terms and conditions apply to their use: Photocopying Single photocopies of single articles may be made for personal use as allowed by national copyright laws. Permission of the publisher and payment of a fee is required for all other photocopying, including multiple or systematic copying, copying for advertising or promotional purposes, resale, and all forms of document delivery. Special rates are available for educational institutions that wish to make photocopies for non-profit educational classroom use.