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Ebara celebrates 100th anniversary
NEWS/DIVIDENDS Kirloskar Brothers Ltd have always believed in customer care and focused on delivering best of technology and services to fulfil the needs of our customers. This new initiative of ours will not only offer unique services to our existing and potential customers but will also provide real-time cost effective solutions to them.” For further information, visit www.kirloskarpumps.com
Ebara celebrates 100th anniversary
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ovember 2012 marks the centenary of the founding of Japanese pump manufacturer Ebara Corp. Ebara started out as a manufacturer of pumps in November 1912. Since then, the company has expanded into compressors, chillers, semiconductor manufacturing equipment, environmental engineering and other products. “Now that we have reached our 100th anniversary, we are starting down the road into our next 100 years,” said Natsunosuke Yago, president and representative director, Ebara Corp. “We are committed to continued challenge of further growth by taking full advantage of our technology, creativity, and ingenuity. In the coming 100 years as well, we are determined to remain a company that makes an extensive contribution to society by providing superior technologies and services.” For further information, visit www.ebara.co.jp
Grundfos energy-audit delivers savings on ships
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pilot project between the shipping company Lauritzen Bulkers and Danish pump manufacturer Grundfos has significantly reduced energy consumption on a cargo vessel.
November 2012
The project, which was carried out on Lauritzen Bulkers’ Durban Bulker vessel, focused on the energy consumed to cool the ship’s engines. The engines are cooled by pumping in seawater, but no adjustments were being made for shifting water temperatures. “There are a lot of pumps on ships. Often, they are oversized for their purpose and consume too much power. Among other things, this is because they are working to full effect all the time. We carried out an energy-audit on the Durban Bulker, and established that with the right system, a lot of energy could be saved,” said Kim Kirkegaard, business development manager at Grundfos. Kirkegaard estimates that the energy savings on the Durban Bulker will be around US$35 000 per year, but that the savings on a large container bulker could be around US$500 000 per year. “We have been focusing on reducing our energy consumption for quite some time, but actually I was surprised, when I found out how significant the savings really are. With the Grundfos solution, we can reduce our energy consumption dramatically. My estimate is that we on average can spend 30–50% less energy on the pumps on our ships,” said Lauritzen Bulkers technical superintendent Søren Roschmann. Roschmann says that the project has encouraged Lauritzen Bulkers to search for more savings on their fleet and that the shipping company is planning to install the system on a number of its other ships. Grundfos also sees great potential in this market. “It is definitely interesting to us. Roughly 60 000 ships are sailing the oceans, and there is room for energy improvements on most of them. On top of that we can add the approximately 2000 new ships that are built every year. They do not need only one pump, they need a lot of pumps, which brings along a great potential for business as well as energy reducing,” said Kirkegaard. For further information, visit www.grundfos.com/ industries-solutions/industries/marine.html
Dividends UÊ / iÊ Gardner Denver Inc board of directors has declared a regular quarterly dividend of US$0.05 per share for the third quarter of 2012. The dividend will be paid on 14 December 2012, to shareholders of record on 29 November 2012. Gardner Denver is currently exploring strategic alternatives to enhance shareholder value including a possible sale or merger of the company (see Pump Industry Analyst, October 2012). www.gardnerdenver.com UÊ Curtiss-Wright Corp will pay a US$0.09 per share dividend on its common stock, on 7 December 2012 to stockholders of record on 23 November 2012. www.curtisswright.com UÊ / iÊ Flowserve Corp board has authorised the payment of a quarterly cash dividend of US$0.36 per share on the pump, valve and seal company’s outstanding shares of common stock. The US$0.36 per share quarterly cash payment is unchanged from the previous quarterly rate. This latest Flowserve dividend is payable on 14 January 2013, to shareholders of record on 31 December 2012. www.flowserve.com UÊ / iÊ L>À`Ê vÊ National Oilwell Varco Inc has approved an increase in the company’s regular quarterly cash dividend to US$0.13 per share of common stock, payable on 21 December 2012 to each stockholder of record on 7 December 2012. Pete Miller, chairman, president and CEO of National Oilwell Varco, said: “This dividend increase reflects the company’s strong financial condition and our confidence in our business going forward.” National Oilwell Varco is currently acquiring Robbins & Myers in a US$2.5 billion deal (see Pump Industry Analyst, August 2012). www.nov.com
Pump Industry Analyst
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Ebara celebrates 100th anniversary
N
ovember 2012 marks the centenary of the founding of Japanese pump manufacturer Ebara Corp. Ebara started out as a manufacturer of pumps in November 1912. Since then, the company has expanded into compressors, chillers, semiconductor manufacturing equipment, environmental engineering and other products. “Now that we have reached our 100th anniversary, we are starting down the road into our next 100 years,” said Natsunosuke Yago, president and representative director, Ebara Corp. “We are committed to continued challenge of further growth by taking full advantage of our technology, creativity, and ingenuity. In the coming 100 years as well, we are determined to remain a company that makes an extensive contribution to society by providing superior technologies and services.” For further information, visit www.ebara.co.jp
Grundfos energy-audit delivers savings on ships
A
pilot project between the shipping company Lauritzen Bulkers and Danish pump manufacturer Grundfos has significantly reduced energy consumption on a cargo vessel.
November 2012
The project, which was carried out on Lauritzen Bulkers’ Durban Bulker vessel, focused on the energy consumed to cool the ship’s engines. The engines are cooled by pumping in seawater, but no adjustments were being made for shifting water temperatures. “There are a lot of pumps on ships. Often, they are oversized for their purpose and consume too much power. Among other things, this is because they are working to full effect all the time. We carried out an energy-audit on the Durban Bulker, and established that with the right system, a lot of energy could be saved,” said Kim Kirkegaard, business development manager at Grundfos. Kirkegaard estimates that the energy savings on the Durban Bulker will be around US$35 000 per year, but that the savings on a large container bulker could be around US$500 000 per year. “We have been focusing on reducing our energy consumption for quite some time, but actually I was surprised, when I found out how significant the savings really are. With the Grundfos solution, we can reduce our energy consumption dramatically. My estimate is that we on average can spend 30–50% less energy on the pumps on our ships,” said Lauritzen Bulkers technical superintendent Søren Roschmann. Roschmann says that the project has encouraged Lauritzen Bulkers to search for more savings on their fleet and that the shipping company is planning to install the system on a number of its other ships. Grundfos also sees great potential in this market. “It is definitely interesting to us. Roughly 60 000 ships are sailing the oceans, and there is room for energy improvements on most of them. On top of that we can add the approximately 2000 new ships that are built every year. They do not need only one pump, they need a lot of pumps, which brings along a great potential for business as well as energy reducing,” said Kirkegaard. For further information, visit www.grundfos.com/ industries-solutions/industries/marine.html
Dividends UÊ / iÊ Gardner Denver Inc board of directors has declared a regular quarterly dividend of US$0.05 per share for the third quarter of 2012. The dividend will be paid on 14 December 2012, to shareholders of record on 29 November 2012. Gardner Denver is currently exploring strategic alternatives to enhance shareholder value including a possible sale or merger of the company (see Pump Industry Analyst, October 2012). www.gardnerdenver.com UÊ Curtiss-Wright Corp will pay a US$0.09 per share dividend on its common stock, on 7 December 2012 to stockholders of record on 23 November 2012. www.curtisswright.com UÊ / iÊ Flowserve Corp board has authorised the payment of a quarterly cash dividend of US$0.36 per share on the pump, valve and seal company’s outstanding shares of common stock. The US$0.36 per share quarterly cash payment is unchanged from the previous quarterly rate. This latest Flowserve dividend is payable on 14 January 2013, to shareholders of record on 31 December 2012. www.flowserve.com UÊ / iÊ L>À`Ê vÊ National Oilwell Varco Inc has approved an increase in the company’s regular quarterly cash dividend to US$0.13 per share of common stock, payable on 21 December 2012 to each stockholder of record on 7 December 2012. Pete Miller, chairman, president and CEO of National Oilwell Varco, said: “This dividend increase reflects the company’s strong financial condition and our confidence in our business going forward.” National Oilwell Varco is currently acquiring Robbins & Myers in a US$2.5 billion deal (see Pump Industry Analyst, August 2012). www.nov.com
Pump Industry Analyst
13