- Email: [email protected]
Peerless launches “Cash for Clunkers” pump program
IN BRIEF/NEWS
In Brief UÊ Tsurumi Europe has seen a 25% increase in its submersible aeration business since the launch of its TRN series of submersible aerator pumps a year ago. Spanish dealer Hydreutes SA recently sold its 2000th aerator making it Tsurumi Europe’s most successful dealership. “Submersible aerators are great value, easy to install and simple to maintain. They provide a huge benefit to smaller and municipal wastewater treatment plants with tighter budgets. Such plants are found mostly in Eastern Europe, where we have seen the biggest increase in business. Larger treatment plants have also seen the benefits of the TRN series and use them to fulfil temporary increases in treatment requirements,” said Carsten Bode, product manager at Tsurumi Europe. UÊ ÜÜÜ°ÌÃÕÀÕiÕÀ«i°V UÊ Willy Vogel AG has changed its name to SKF Lubrication Systems Germany AG. Products and services will now be offered under the SKF brand only, instead of dual branded as SKF Vogel. SKF acquired Willy Vogel in 2004. www.skf.com UÊ Ê -ÀÊ >>]Ê ITT water treatment equipment has been installed at the Manikfarm refugee camp by ITT Watermark partner Mercy Corps. The ITT/Watermark supplied equipment includes mobile water filtration systems that were previously used for disaster relief after the 2004 tsunami hit Sri Lanka. “After the tsunami disaster relief efforts ended in Sri Lanka, ITT stored and refurbished the mobile water treatment systems in its facility in Thailand. Through our ITT Watermark partner, Mercy Corps, and again, with great support from ISB of Sri Lanka, we were able to use our network and partners to install these water treatment systems to make a difference for the displaced civilians in the refugee camp,” said ITT Corp’s director of philanthropy, Bjorn von Euler. www.ittwatermark.com UÊ Water for All, a non-profit organization managed by Atlas Copco employees, is celebrating its 25th anniversary. The funds are raised through monthly member donations, which are matched by Atlas Copco. www.water4all.org 12
Pump Industry Analyst
Baker Hughes to buy BJ Services in US$5.5bn deal
B
aker Hughes Inc is to acquire the pressure pumping company BJ Services Co in a transaction valued at US$5.5 billion. The acquisition of the pressure pumping business should allow the combined company to more effectively compete for integrated projects and accelerate international growth. “BJ Services broadens our portfolio by adding products, technologies and talented people that are key to helping our customers unlock value in their reservoirs, particularly in unconventional gas and deepwater fields. It will better position us to drive international growth and to compete for the growing large integrated projects by incorporating pressure pumping into our product offering,” said Chad Deaton, Baker Hughes chairman, president and CEO. “Our two companies have highly complementary products and services with very little overlap. Baker Hughes has a long record of partnering with BJ Services on major projects. The proposed merger will make Baker Hughes a stronger, more efficient service provider for our customers worldwide, by integrating pressure pumping with Baker Hughes’ wide range of products and services.” While pressure pumping accounted for less than 1% of Baker Hughes’ revenues in 2008, post-acquisition it is expected to generate approximately 20% of the combined company’s revenues. Pressure pumping is growing in importance as customers look for new ways to unlock the full value of their reservoirs. Baker Hughes expects to realize annual cost savings of approximately US$75 million in 2010 and US$150 million in 2011. For further information, visit www.bakerhughes.com and www.bjservices.com
Peerless launches “Cash for Clunkers” pump program
I
nspired by the US federal government’s program targeting old automobiles, Peerless Pump has created its own “Cash for Clunkers” program for the pump industry.
The Trade Out-Trade Up Program is designed not only to stimulate short term business but also to improve overall energy efficiency. “The program allows a customer to remove an older, less efficient pump from service (Peerless or a similar competitor’s pump), and replace it with a new model and receive a rebate,” said Andrew Warrington, vice president of business development for Peerless. “There is no negative effect to the environment from disposal of the older model as part of the program allows for the removed pump to be refurbished to its original performance specifications by Peerless at a discounted price and returned to service,” added Warrington. “With some studies indicating that as much as 20% of the world’s electrical energy is being consumed by pumping systems, designing and building efficient pumps has been of paramount importance at Peerless for many years,” said Bob Langton, Peerless’s director of North American sales. “This program provides the opportunity for everyone to save not just the hundreds of dollars in potential rebates, but literally thousands in energy and maintenance costs.” “Thanks to the Lean initiatives that have helped Peerless reduce lead times we are not only able to take-in our own pumps, but competitors’ product as well,” said Fred Bock, vice president of marketing. Bock said that some of the pumps will ship to the customer in five-days or sooner. The program will continue until the end of November with the possibility of extending it into 2010, with no limit on the number of pumps a single distributor can Trade Out-Trade Up. There are also prizes for the Peerless partner who brings in the most Trade Out pumps, including a trip to Europe with a tour of Peerless’s parent company Grundfos’s training, R&D and manufacturing facilities in Denmark. For further information, visit www.peerlesspump.com and www.grundfos.com
Metso to cut Mining and Construction jobs in Finland
M
etso is starting employee negotiations regarding temporary layoffs and 80–100 permanent reductions at its Mining and Construction Technology operations in Tampere and Helsinki, Finland.
September 2009
In Brief UÊ Tsurumi Europe has seen a 25% increase in its submersible aeration business since the launch of its TRN series of submersible aerator pumps a year ago. Spanish dealer Hydreutes SA recently sold its 2000th aerator making it Tsurumi Europe’s most successful dealership. “Submersible aerators are great value, easy to install and simple to maintain. They provide a huge benefit to smaller and municipal wastewater treatment plants with tighter budgets. Such plants are found mostly in Eastern Europe, where we have seen the biggest increase in business. Larger treatment plants have also seen the benefits of the TRN series and use them to fulfil temporary increases in treatment requirements,” said Carsten Bode, product manager at Tsurumi Europe. UÊ ÜÜÜ°ÌÃÕÀÕiÕÀ«i°V UÊ Willy Vogel AG has changed its name to SKF Lubrication Systems Germany AG. Products and services will now be offered under the SKF brand only, instead of dual branded as SKF Vogel. SKF acquired Willy Vogel in 2004. www.skf.com UÊ Ê -ÀÊ >>]Ê ITT water treatment equipment has been installed at the Manikfarm refugee camp by ITT Watermark partner Mercy Corps. The ITT/Watermark supplied equipment includes mobile water filtration systems that were previously used for disaster relief after the 2004 tsunami hit Sri Lanka. “After the tsunami disaster relief efforts ended in Sri Lanka, ITT stored and refurbished the mobile water treatment systems in its facility in Thailand. Through our ITT Watermark partner, Mercy Corps, and again, with great support from ISB of Sri Lanka, we were able to use our network and partners to install these water treatment systems to make a difference for the displaced civilians in the refugee camp,” said ITT Corp’s director of philanthropy, Bjorn von Euler. www.ittwatermark.com UÊ Water for All, a non-profit organization managed by Atlas Copco employees, is celebrating its 25th anniversary. The funds are raised through monthly member donations, which are matched by Atlas Copco. www.water4all.org 12
Pump Industry Analyst
Baker Hughes to buy BJ Services in US$5.5bn deal
B
aker Hughes Inc is to acquire the pressure pumping company BJ Services Co in a transaction valued at US$5.5 billion. The acquisition of the pressure pumping business should allow the combined company to more effectively compete for integrated projects and accelerate international growth. “BJ Services broadens our portfolio by adding products, technologies and talented people that are key to helping our customers unlock value in their reservoirs, particularly in unconventional gas and deepwater fields. It will better position us to drive international growth and to compete for the growing large integrated projects by incorporating pressure pumping into our product offering,” said Chad Deaton, Baker Hughes chairman, president and CEO. “Our two companies have highly complementary products and services with very little overlap. Baker Hughes has a long record of partnering with BJ Services on major projects. The proposed merger will make Baker Hughes a stronger, more efficient service provider for our customers worldwide, by integrating pressure pumping with Baker Hughes’ wide range of products and services.” While pressure pumping accounted for less than 1% of Baker Hughes’ revenues in 2008, post-acquisition it is expected to generate approximately 20% of the combined company’s revenues. Pressure pumping is growing in importance as customers look for new ways to unlock the full value of their reservoirs. Baker Hughes expects to realize annual cost savings of approximately US$75 million in 2010 and US$150 million in 2011. For further information, visit www.bakerhughes.com and www.bjservices.com
Peerless launches “Cash for Clunkers” pump program
I
nspired by the US federal government’s program targeting old automobiles, Peerless Pump has created its own “Cash for Clunkers” program for the pump industry.
The Trade Out-Trade Up Program is designed not only to stimulate short term business but also to improve overall energy efficiency. “The program allows a customer to remove an older, less efficient pump from service (Peerless or a similar competitor’s pump), and replace it with a new model and receive a rebate,” said Andrew Warrington, vice president of business development for Peerless. “There is no negative effect to the environment from disposal of the older model as part of the program allows for the removed pump to be refurbished to its original performance specifications by Peerless at a discounted price and returned to service,” added Warrington. “With some studies indicating that as much as 20% of the world’s electrical energy is being consumed by pumping systems, designing and building efficient pumps has been of paramount importance at Peerless for many years,” said Bob Langton, Peerless’s director of North American sales. “This program provides the opportunity for everyone to save not just the hundreds of dollars in potential rebates, but literally thousands in energy and maintenance costs.” “Thanks to the Lean initiatives that have helped Peerless reduce lead times we are not only able to take-in our own pumps, but competitors’ product as well,” said Fred Bock, vice president of marketing. Bock said that some of the pumps will ship to the customer in five-days or sooner. The program will continue until the end of November with the possibility of extending it into 2010, with no limit on the number of pumps a single distributor can Trade Out-Trade Up. There are also prizes for the Peerless partner who brings in the most Trade Out pumps, including a trip to Europe with a tour of Peerless’s parent company Grundfos’s training, R&D and manufacturing facilities in Denmark. For further information, visit www.peerlesspump.com and www.grundfos.com
Metso to cut Mining and Construction jobs in Finland
M
etso is starting employee negotiations regarding temporary layoffs and 80–100 permanent reductions at its Mining and Construction Technology operations in Tampere and Helsinki, Finland.
September 2009