Idex Corporation acquires classic engineering

Idex Corporation acquires classic engineering

news business DuPont Fluoroproducts builds base in China DuPont Fluoroproducts and DuPont China Holding Co have signed a land reservation agreement w...

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DuPont Fluoroproducts builds base in China DuPont Fluoroproducts and DuPont China Holding Co have signed a land reservation agreement with officials of the Hai Yu Township of the Changshu Municipality in the Jiangsu province of the People's Republic of China, allowing DuPont to construct a fluorochemical and fluoropolymer manufacturing centre. The total investment could reach $100 million. "The land reservation agreement in Changshu is a first step in a long term commitment for DuPont Fluoroproducts in China," said Richard J. Angiullo, vice president and general manager for DuPont Fluoroproducts.

"Fluorine-based products deliver unique value to society, whether in the form of safety, environmental stewardship or convenience," said Angiullo. "High-performance products such as low combustible wire insulation, semiconductor or chemical processing equipment, refrigerants and air conditioning coolants, or nonstick coatings for cookware and appliances, will meet essential needs in serving the rapidly growing industrial base in China, as well as delivering value to consumers. We look forward to serving customers with a reliable supply of products and services and to being a member of the community in Changshu."

Good going for Grundfos Pumps in wastewater Grundfos Pumps Ltd - Water Group has announced its third quarter results for 2003, which showed turnover was up on the previous quarter by 51.8%, and 87.9% up on the same period in 2002. To add to this success the Water Group celebrated its best ever month, with a turnover increase on its previous best of 19.6%. Water Group - National Sales & Marketing Manager, Mitch

Holmes commented, "This year alone, there have been a number of key launches, including the recent introduction of heavy-duty and super heavy-duty submersible pumps, which is having a significant impact on our ability to be able to supply on even the larger contracts. Other notable introductions have been Mixers and Flow Makers, a SEG range of large sewage grinder pumps and lifting stations."

Sulzer upgrades new test facility with investment

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Sulzer has invested more than $3 million at its plant in Leeds (UK) to upgrade the existing gas turbine driven equipment test bed to be capable of running units up to 30 MW (i.e. Rolls Royce RB211) at full load.

One of the main reasons behind the investment is the oil companies growing need for larger, higher pressure pumps to be fully string tested before shipment, often to remote locations.

This is part of Sulzer’s programme of building, packaging and testing large centrifugal pumps for the oil and gas market. In addition to pumps, compressors can also be tested in the new building.

The new building 62mx23mx20m high has replaced a pre-existing facility and will allows up to 2 x 30 MW and 1 x 10 MW gas turbine driven sets to be assembled at the same time inside it.

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Ham-let signs with BOC Edwards in supply deal Vacuum equipment manufacturer, the Ham-Let Group, has signed an agreement with BOC Edwards to supply valves and fittings to the company's manufacturing and servicing facilities world-wide. The deal is worth around £2.4million a year. Tony Hunter, BOC Edwards' global supply manager explained, "We looked at a number of suppliers, but HamLet was the only company who were able to negotiate a single world-wide pricing and discount structure. For the last three years we have been using them to

supply a limited range of components. During that time we have purchased over a quarter of a million fittings and have not had a single quality or delivery problem." Founded in 1950, the Ham-Let Group specialise in the design, development, production, and marketing of valves and fittings in a wide variety of materials for high pressure, temperature and vacuum applications. These days, the bulk of the company¹s products are exported worldwide to companies in the semiconductor and fluid control industries.

Idex Corporation acquires Classic Engineering Idex Corporation of Chicago has acquired Classic Engineering, Incorporated, based in Florida. The acquisition is a strategic addition to Pulsafeeder, Incorporated, a Unit of Idex Corporation. It will compliment Pulsafeeder in its efforts to provide engineered solutions to their customers' increasing

demands for turnkey chemical feed and injection systems.

Trelleborg Group completes acquisition of PSS

Kirloskar gets SSP

Sealing solution provider the Trelleborg Group has completed its acquisition of Polymer Sealing Solutions (PSS), the precision seal division to Smiths of the UK. PSS has annual sales of approximately SEK 5.5 billion and some 6,000 employees. This addition will give the Trelleborg Group total sales of approximately SEK 22.5 billion and about 21,000 employees in some 40 countries around the world. It is planned that the operations will form a new business area within Trelleborg, named Trelleborg Sealing Solutions.

Classic Engineering designs and manufactures a complete line of standard and custom chemicalfeed systems for the Water, Wastewater, Chemical, OEM, Pulp & Paper, Cement, and General Industrial markets.

Kirloskar Brothers Limited (KBL) has acquired UK-based SPP Pumps, a water and fire pump company, through a special purpose vehicle (SPV) with an equity investment of US$3.28 million. In an effort to expand its overseas business, the SPV, a UKbased joint venture company formed in collaboration with Owen Shevlin, has taken over the business and assets of SPP Pumps Ltd. KBL has also advanced a loan of Rs 236.9 milliion to the JV company. The special purpose company, where KBL holds 97.5 % stake, has been formed to explore business and marketing opportunities including acquisition of assets/businesses conducive to business.

WORLD PUMPS December 2003