RALEIGH, N.C. (August 4, 2014) – The City of Raleigh Public Utilities Department received the “Directors Award of Recognition” from the Partnership for Safe Water, a program developed by AWWA, EPA and associated partner organizations to guide water suppliers towards improving water quality by optimizing system operations.
NEWS
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ERLANGEN, Germany (August 4, 2014) – Siemens Energy will supply high-efficiency steam turbine-generator sets with associated instrumentation and control components to power plant projects in India. The machines are destined for the coal-fired units of the North Karanpura Super Thermal Power Project (STPP) located in the eastern Indian state of Jharkhand, and for IB Thermal Power Station Banharpalli in the neighboring state of Odisha.
FORT WAYNE, Ind. (August 4, 2014) – Franklin Electric Co., Inc., completed two acquisitions in India. In the first, Franklin Electric acquired 70 percent of the outstanding stock of Pluga Pumps and Motors Private Limited, based in a newly constructed facility in Vadodara, Gujarat, India. Pluga designs, manufactures and distributes groundwater motor and pumping equipment through 11 branch offices located throughout India.
COLUMBUS, Ohio (Aug. 4, 2014) – FCX Performance, Inc., announced that it has completed the acquisition of Corrosion Fluid Products, Corp. (CFP). Based in Farmington Hills, Michigan, CFP is a regional distributor of pumps, valves, FRP fiberglass and specialty lined pipe, hose and fittings to the process markets from eight branch distribution centers located across the Midwest.
RIYADH, Saudi Arabia (Aug. 4, 2014)—Schneider Electric, a global specialist in energy management, appointed Ziad Mortaja as country president for its operations in Saudi Arabia and Yemen.
(3 August 2014)—Sipchem announced the startup of the ethylene vinyl acetate and low-density polyethylene plant owned by International Polymers Company (one of Sipchem affiliates) in Jubail Industrial City. The plant will produce 200 thousand mtpa of ethylene vinyl acetate (EVA) and low-density polyethylene (LDPE).
ZUG, Switzerland (August 1, 2014) – Weatherford International plc closed the sale of the company’s land drilling and workover operations in Russia and Venezuela to Rosneft on July 31, 2014. The consideration was $500 million in cash. With the conclusion of this transaction, Weatherford’s remaining Russian revenue base declined from 7 percent of total company revenue in the first half of 2014 to 3 percent on a pro forma basis.
TALLAHASSEE, Fla. (August 1, 2014) – Danfoss welcomed Florida Congressman Steve Southerland to its facility in Tallahassee, Florida, to discuss how the advancement of energy-efficient technologies and the resulting reduction in energy use can impact industry, the economy, jobs, and local communities.
WILMINGTON, Del. (Aug. 1, 2014) – Ashland Water Technologies has a new name: Solenis. Rooted in “solutions” and “genesis,” the name underscores the company’s mission to be at the source (the genesis) of solutions for its customers. The name change coincides with the acquisition of Ashland Water Technologies by a fund managed by private investment firm Clayton, Dubilier & Rice (CD&R). Prior to the acquisition, Ashland Water Technologies was a commercial business unit of Ashland Inc.
ALLENDALE, NJ (Aug. 1, 2014) – Leistritz announced the appointment of Jeffery De Vaul as president of Leistritz Advanced Technologies Corp. His responsibilities include the pump, machine tool and turbine component business units based in Allendale, New Jersey.