Pump Industry Analyst
ORDERS • Japanese trading company Tomen Corp will supply US$887 000 worth of Ebara pump parts to repair a thermal power plant in AlMussiab, Iraq. The parts will be shipped from Japan later this year. Ebara told Pump Industry Analyst that they are planning to export additional parts to other customers in Iraq in sectors such as oil & gas and/or civil water services. • KSB Group is to equip four 600 MW units at a power station near Beijing, China with state-of-the-art pump technology by the end of 2005. The 3 million contract covers 12 LUVAc glandless boiler recirculation pumps. KSB says that it was awarded the contract because as a company it could produce the largest number of reference installations using high-voltage submersible motors worldwide. • Börger has delivered a number of trailer mounted, self priming rotary lobe pumps for oil flelds in Iraq. The pumps are driven with explosion proof rated diesel engines and have maximum flows up to 180 m3/h. • Abel GmbH & Co KG is to deliver piston diaphragm pumps for the transfer of an abrasive high density slurry through a 2.5 km long pipeline in North Dakota, USA. The Abel pumps were selected above multi-stage heavy duty centrifugal slurry pumps. Abel, a Roper Industries company since 2000, says that it won the order on, among others, the high efficiency of the piston diaphragm pump in combination with the lower maintenance costs. • SPP Pumps has received a large order for the Sakhalin LNG project in Russia. The order covers six vertical
lineshaft firewater and jockey pumps. • Hayward Tyler has supplied seawater lift motors along with SPP Pumps’ GH06 and GH20 pumps for China National Offshore Oil Corp’s Chunxiao offshore development in the Xihu Trough of the East China Sea. SPP Pumps was initially awarded the contract and selected the Hayward Tyler motor to accompany the SPP Pump ends. The deal, for six submersible motors in nickel aluminium bronze, is reported to be worth more than £0.25 million to Hayward Tyler. The order reward continues to strengthen the long-standing relationship between SPP and Hayward Tyler, having some years ago both been members of Sterling Fluid Systems. The Hayward Tyler motors were supplied to drive three different sized seawater lift pumps. SPP Pumps negotiated with the end user, CNOOC, in China with the support of Hayward Tyler. • Earlier this year Ebara received an order from India’s Kirloskar Brothers Ltd (KBL) for a number of large pumps for the Godavari Lift Irrigation Scheme project in Andhra Pradesh, India. The requested pumps are similar to those that Ebara delivered to the Shanxi Wanjianzhai Yellow River Diversion Project in China. Using Ebara design and engineering work, KBL has manufactured stationary components (six sets of suction corn and suction draft tube and five sets of spiral casing and bottom cover) in India, and Ebara has supplied one complete pump set and five sets of rotor assemblies, which were assembled in India.
DIVIDENDS
IN BRIEF
• Directors of Pentair Inc have approved a regular quarterly cash dividend of US$0.11 per share payable on 13 August 2004, to shareholders of record at the close of business on 30 July 2004. • ITT Industries’ third quarter dividend of US$0.17 per share will be paid on 1 October 2004 to the company’s shareholders of record on 27 August 2004. • Buffalo Pumps’ parent company Ampco-Pittsburgh Corp has declared a regular quarterly dividend of US$0.10 per share on the company’s common stock. The dividend will be paid on 30 July 2004 to shareholders of record on 15 July 2004. • Gorman-Rupp will pay a quarterly cash dividend of US$0.14 per share on the company’s common stock on 10 September 2004, to shareholders of record on 13 August 2004. The cash dividend is payable on post-split shares (the company has recently announced a five-for-four split, see In Brief, page 10) and represents a 2.9% increase over the equivalent postsplit dividend of US$0.136 which the company paid during the previous quarter. This marks the 218th consecutive dividend paid by Gorman-Rupp. • The board of directors of Thomas Industries Inc has declared a quarterly cash dividend of US$0.095 per share, payable on 1 October 2004, to shareholders of record on 3 September 2004. This will be Thomas Industries’ 197th consecutive quarterly cash dividend paid by the company.
• Allweiler Pumps Ltd and ITT Flygt Ltd have signed an exclusive distribution agreement where ITT Flygt will distribute Allweiler products throughout the UK and Ireland over the next five years. The agreement means that the Allweiler team and its offices in Poole, Dorset have now become part of ITT Flygt’s Industrial Division. • The Hydraulic Institute (HI) has just added two new standards to its ANSI/HI Pump Standards: the American National Standards for Air Operated Pumps (ANSI/HI 10.1-10.5-2004), and the American National Standards for Air Operated Pump Tests (ANSI/HI 10.62004). • Following its recent acquisition by the Colfax Pump Group, Zenith will now be under the leadership of the North American IMO organization, represented by Bill Roller, vice president and general manager of IMO Pump (see Pump Industry Analyst, July 2004). • Charles Austen Pumps is using ultrasound waves to efficiently model drive torque and therefore contain development costs to within predictable limits. The UK pump company has recently upgraded test facilities with Surface Acoustic Wave (SAW) equipment from Sensor Technology. • Metso Automation will supply valves and online analyzers for the Veracel Celulose SA pulp mill project in Brazil, in a delivery valued at more than 6 million. Metso Automation’s delivery will consist of more than 1000 automated valves for the fibre line, chemical recovery and water treatment process.
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ORDERS/DIVIDENDS/IN BRIEF
August 2004