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Business news
WORLD PUMPS
November 2012
Pentair merges with Tyco’s Flow business
Patterson wins flood control order
Pentair Inc has completed its merger with Tyco International Ltd’s Flow Control business, creating Pentair Ltd.
employees and operates more than 100 manufacturing facilities worldwide.
Patterson Pump Co will provide pumps for a flood control project in New Orleans, Louisiana, USA.
“We are excited to welcome Flow Control employees to Pentair,” said Hogan. “We believe our shared vision and commitment to operational excellence through Pentair’s Integrated Management System will lead to better growth and success.”
The Permanent Canal Closure and Pumps (PCCP) project, which is funded and administered by the US Army Corps of Engineers, New Orleans District, is designed to move nearly 11 million gallons of
“We now have an even stronger company, with the scale to capitalise on our growth opportunities, unlock substantial synergies and generate strong shareholder returns,” said Randall Hogan, chairman and CEO of Pentair Ltd. The company now has 30 000
water per minute when needed and to allow the New Orleans Sewage and Water Board to evacuate rainwater from the city. Patterson Pump’s role in the PCCP project is valued at nearly US$70 million. www.pattersonpumps.com
www.pentair.com
PSG opens Euro-Center Flowserve signs 5-yr Dow in California maintenance contract Flowserve Corp has won a fiveyear contract from Dow Benelux BV to maintain its rotating equipment. The company will initially open an onsite Quick Response Center (QRC) at Dow’s Terneuzen facility in the Netherlands. The QRC will employ approximately 35 people and will be designed to handle all rotating equipment maintenance for the Terneuzen facility.
Within three years, Flowserve plans to relocate this QRC and become part of Maintenance Valuepark Terneuzen, a regional centre of excellence. Flowserve has been a Dow global provider for a number of years, supplying and maintaining pumps, mechanical seals and valves for the chemical company. www.flowserve.com
Framo to supply booster system for Draugen Field A/S Norske Shell has awarded Schlumberger’s Framo Engineering a US$100 million contract for the supply of a complete subsea multiphase booster pump system for the Draugen Field in Norway. The contract includes a complete system for topside power and control, the power and control umbilical, and the complete
www.worldpumps.com
subsea pump module and manifold. The Draugen subsea multiphase booster pump system will be assembled and tested at the new Framo Engineering advanced test facility in Hosoy, Norway. Field installation is planned for summer 2014. www.slb.com/framoeng
Dover Corp’s Pump Solutions Group (PSG) has officially opened a Euro-Center facility in Grand Terrance, California focused on Almatec and Mouvex pumps.
PSG’s new Euro-Center is a full service centre that provides application engineering, market support and after-sales support for customers. Channel partners will
also be able to process purchase orders for Almatec and Mouvex pumps and parts through the new Euro-Center, which will help to decrease product lead-times, and allow for repairs and transmission rebuilds. www.psgdover.com www.almatec.de www.mouvex.com
Wilo reappoints executive board chairman Wilo SE executive board chairman Oliver Hermes has been reappointed for a further six years. Hermes’ appointment, which runs until 31 August 2018, comes well ahead of the expiration date of his present contract. A former partner of KPMG, Hermes joined Wilo SE six years ago as a member of the executive board responsible for finance, management accounting and human resources. Under his chairmanship, Wilo Group’s annual sales
exceeded €1 billion for the first time in 2010. “I am delighted at the trust the company has placed in me,” said Hermes. “For the future, too, our strategic objective will be the same as before: Profitable Growth. With its modern strategic focus, its longterm policy of innovation and its far-sighted investment strategy, the Wilo Group is excellently equipped to remain on course even in economically challenging times.” www.wilo.com