Drivers
New line of high-speed aeration blowers
Gardner Denver will integrate Synchrony’s high-speed motors on magnetic bearings into its new Hoffman Revolution line of high-speed aeration blowers for the water and wastewater treatment markets.
Dresser renews supply agreement with big EPC customer
Dresser has renewed a strategic supply agreement to serve as a global alliance supplier for a major engineering, construction, procurement, maintenance and project management (EPC) customer.
New gas turbine generation for industrial applications
The new series was presented for the first time to a group of trade media journalists on December 20, 2010. With this product MAN Diesel & Turbo, a manufacturer of large diesel engines, compressors and turbines, adds the 6 to 8 MW output class to its portfolio of industrial gas turbines.
ABB obtains Baldor Electric and expands industrial motion presence
ABB will acquire Baldor Electric in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt. Under the terms of the definitive agreement, ABB will commence a tender offer to purchase all of Baldor’s outstanding shares for $63.50 per share in cash.
New line of filter regulators for OEM applications and critical in-plant applications
Parker Hannifin has introduced a new line of filter regulators, regulators and mini filters which are ideal for OEM applications and critical in-plant applications.
Turblex now part of Siemens Energy
Turblex Inc., acquired by Siemens Energy, Inc., officially adopted the Siemens name effective October 1, 2010.
GE snaps up Dresser for a cool $3 billion
GE has purchased Dresser, Inc. for $3 billion. The deal includes all of the Dresser businesses, which provide products and services for compression, flow technology, measurement and distribution infrastructure for customers in more than 150 countries.
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- EnEarth awards FEED contract to Kent for the Prinos CO₂ Storage Project in Northern Greece 3/12
- Axens joins consortium trying to develop an eFuels plant in Australia 3/12
- Southern Energy Renewables announce $1.4-B methanol and SAF complex in Louisiana 3/12
- Clariant successfully demonstrates advanced pyrolysis oil upgrading technology for circular plastics with Borealis and SINTEF 3/12
- Indorama Ventures' consortium to develop state-of-the-art rPET facility in Nigeria 3/12
- China teapots maintain refinery runs to cash in on lucrative fuel sales 3/12
