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Ebara runs pump seminars in Myanmar
NEWS amongst all the category winners. Weir Minerals said the panel of judges was impressed with its continued commitment to investing in technology and efficiency, in addition to its ‘zero harm’ workplace policy. Weir Minerals Europe has invested specifically in addressing ergonomic and musculoskeletal risks, driving home the message across every service centre and office in its region which covers Europe, North Africa, Turkey and Central Asia. Jan Peter van Leeuwen, Weir Minerals Europe’s managing director, said the award highlighted both his team’s dedication to health and safety excellence, and the company’s culture of innovation. “This is an incredible team effort,” said van Leeuwen. “We are proud to have secured this ahead of so many leading companies and it is an acknowledgement of our exceptional people, who make these milestones possible. We must continue to work closely together to deliver outstanding solutions for our customers.” Stephen Phipson, CEO at the EEF, said: “Weir Minerals Europe is a fantastic example of a company that has moved health and safety from simply ‘compliance’ to true ‘innovation’ – reaping the rewards for their efforts. This award is justly deserved, but their real award is the greater employee wellbeing and operational efficiency that high levels of health and safety engagement and standards brings.” Weir Minerals manufactures wear-resistant, highly engineered processing equipment sold to a range of sectors including mining and minerals processing, aggregates, water and industry in general. For further information, visit www.global.weir and www.eef.org.uk/campaigning/awards-andcompetitions/future-manufacturing-awards
commercial, industrial and agriculture markets throughout both states. Products and solutions include reverse osmosis, deionized water systems, ultrafiltration and portable exchange. The Pure Water Solutions business will now become part of Evoqua’s Light Industry Technologies division, which is a part of Evoqua’s Industrial Segment. “Pure Water Solutions has been a leader in the high-purity water market in Colorado and New Mexico for more than 20 years and their reputation of customer-focus, flexibility and service is well earned,” said Ron Keating, Evoqua chief executive officer. “We welcome Pure Water Solutions to the Evoqua family and look forward to immediately helping them accelerate their growth as part of Evoqua.”
Ebara runs pump seminars in Myanmar
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bara Corp held pump technology seminars on 15–16 February 2018 at Myanmar Engineering Society (MES) in Yangon, Myanmar. Around 40 people attended the seminars from government agencies, local governments, and private-sector companies. Seminar participants showed strong interest in issues such as planning pump facilities for the water supply system, flood control and sewage improvement. This was the 11th time that Ebara has held seminars in Myanmar in the last 24 years. Ebara established a branch in Yangon in November 2015. This year, Ebara is set to run five seminars in locations such as Vietnam and Thailand.
Evoqua expands water service capability in WEG expands European Colorado and New Mexico operations with second plant in Portugal voqua Water Technologies has signed a definitive agreement to acquire Pure Water Solutions, a provider of high-purity water equipment and systems, service deionization and resin regeneration in Colorado and New Mexico. With service operations in suburban Denver, Colorado and Santa Fe, New Mexico, Pure Water Solutions serves the ultrapure pharmaceutical and laboratory, medical, 4
Pump Industry Analyst
For further information, visit www.weg.net
For further information, visit www.evoqua.com
For further information, visit www.ebara.co.th
E
WEG’s first Portuguese factory in Maia is only 20 minutes away from the new Santo Tirso facility. Together, the two factories employ more than 600 people. António Duarte, managing director of both plants, said that the new factory will allow WEG to enhance the delivery lead times and increase the production capacity of the Maia facility, which will now focus on the manufacture of medium and high voltage motors. “The two facilities will make us more resilient in this business environment where flexibility, creativity and agility are the foundations on which we must continue to build on,” said Duarte.
W
EG’s new production facility in Santo Tirso, Portugal is up and running after an investment of more than E30 million. The new facility, which will produce low voltage electric motors, is now the largest WEG manufacturing plant in Europe. It has a footprint of around about 45 000 sq m and also has the capacity for future expansion up to 100 000 sq m.
GEA completes share buyback program
G
EA Group AG has completed the share buyback program of up to E450 million that the company announced last year. Between 8 March 2017 and 6 February 2018, a total of 12 003 304 GEA shares were repurchased on the stock market at an average purchase price of E37.49. These repurchased shares account for 6.24% of the company’s registered share capital. “During the course of the previous years, we have utilized our net cash for the purpose of debt repayment and smaller and mediumsized acquisitions, thereby reinforcing our competitive position. In view of the strong cash position we held in early 2017, we further decided to invest up to E450 million of our excess funds into our own shares over a period of one year. Now, we have managed to complete this program,” said Helmut Schmale, chief financial officer of GEA Group. Separately, GEA has successfully issued a borrower’s loan note of E250 million. The loan note was placed with institutional investors in Germany and abroad. Commenting on the loan note, Dr Schmale said: “The enormous demand on the part of debt investors is yet another vote of confidence in our financial standing and capabilities.” GEA’s preliminary figures for the 2017 fiscal year, excluding effects from acquisitions made in 2017, include order intake of E4750 million and a 2% increase in revenue to approximately E4580 million. GEA will publish its 2017 results on 12 March 2018. For further information, visit www.gea.com
February 2018
commercial, industrial and agriculture markets throughout both states. Products and solutions include reverse osmosis, deionized water systems, ultrafiltration and portable exchange. The Pure Water Solutions business will now become part of Evoqua’s Light Industry Technologies division, which is a part of Evoqua’s Industrial Segment. “Pure Water Solutions has been a leader in the high-purity water market in Colorado and New Mexico for more than 20 years and their reputation of customer-focus, flexibility and service is well earned,” said Ron Keating, Evoqua chief executive officer. “We welcome Pure Water Solutions to the Evoqua family and look forward to immediately helping them accelerate their growth as part of Evoqua.”
Ebara runs pump seminars in Myanmar
E
bara Corp held pump technology seminars on 15–16 February 2018 at Myanmar Engineering Society (MES) in Yangon, Myanmar. Around 40 people attended the seminars from government agencies, local governments, and private-sector companies. Seminar participants showed strong interest in issues such as planning pump facilities for the water supply system, flood control and sewage improvement. This was the 11th time that Ebara has held seminars in Myanmar in the last 24 years. Ebara established a branch in Yangon in November 2015. This year, Ebara is set to run five seminars in locations such as Vietnam and Thailand.
Evoqua expands water service capability in WEG expands European Colorado and New Mexico operations with second plant in Portugal voqua Water Technologies has signed a definitive agreement to acquire Pure Water Solutions, a provider of high-purity water equipment and systems, service deionization and resin regeneration in Colorado and New Mexico. With service operations in suburban Denver, Colorado and Santa Fe, New Mexico, Pure Water Solutions serves the ultrapure pharmaceutical and laboratory, medical, 4
Pump Industry Analyst
For further information, visit www.weg.net
For further information, visit www.evoqua.com
For further information, visit www.ebara.co.th
E
WEG’s first Portuguese factory in Maia is only 20 minutes away from the new Santo Tirso facility. Together, the two factories employ more than 600 people. António Duarte, managing director of both plants, said that the new factory will allow WEG to enhance the delivery lead times and increase the production capacity of the Maia facility, which will now focus on the manufacture of medium and high voltage motors. “The two facilities will make us more resilient in this business environment where flexibility, creativity and agility are the foundations on which we must continue to build on,” said Duarte.
W
EG’s new production facility in Santo Tirso, Portugal is up and running after an investment of more than E30 million. The new facility, which will produce low voltage electric motors, is now the largest WEG manufacturing plant in Europe. It has a footprint of around about 45 000 sq m and also has the capacity for future expansion up to 100 000 sq m.
GEA completes share buyback program
G
EA Group AG has completed the share buyback program of up to E450 million that the company announced last year. Between 8 March 2017 and 6 February 2018, a total of 12 003 304 GEA shares were repurchased on the stock market at an average purchase price of E37.49. These repurchased shares account for 6.24% of the company’s registered share capital. “During the course of the previous years, we have utilized our net cash for the purpose of debt repayment and smaller and mediumsized acquisitions, thereby reinforcing our competitive position. In view of the strong cash position we held in early 2017, we further decided to invest up to E450 million of our excess funds into our own shares over a period of one year. Now, we have managed to complete this program,” said Helmut Schmale, chief financial officer of GEA Group. Separately, GEA has successfully issued a borrower’s loan note of E250 million. The loan note was placed with institutional investors in Germany and abroad. Commenting on the loan note, Dr Schmale said: “The enormous demand on the part of debt investors is yet another vote of confidence in our financial standing and capabilities.” GEA’s preliminary figures for the 2017 fiscal year, excluding effects from acquisitions made in 2017, include order intake of E4750 million and a 2% increase in revenue to approximately E4580 million. GEA will publish its 2017 results on 12 March 2018. For further information, visit www.gea.com
February 2018