Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

EPL boosts spending

Energy Partners Ltd, an independent oil and natural gas exploration and production company based in New Orleans, has approved a 2001 exploration and development expenditure programme totalling USD 120 million.

DTE awards contract to Shaw Group

DTE Energy Services has awarded a contract to the Shaw Group Inc. for a fourth 80mw electric power unit at the Georgetown Station in suburban Indianapolis.

Valve company changes name

A+R Armaturen Benelux has changed its name to VACTRA A+R (Valves Actuators Controls TRAding A+R), effective January 2001.

Rolls-Royce power contracts

Rolls-Royce has won contracts worth USD 10.6 million to supply engines for power generation projects in Spain and Bangladesh.

Iraq oil ventures

Oil and Natural Gas Corporation (ONGC) India and Reliance Industries Ltd. have joined hands with Sonatrach of Algeria, to secure an oilfield in Iraq.

IchemE award

Krohne’s Altoflux 2W Hybrid has won the IChemE Excellence in Safety and Environment Award 2000.

DSM: two new plants

DSM Elastomers will build two new plants at its site in Geleen, the Netherlands, one EPDM rubber (Keltan®) and the other for melamine.

FCx acquires J.H. Instrument Company

FCx Performance Inc., the distributor of specialty process control products, has completed the acquisition of J.H. Instrument Company.

Combined-cycle plant for Virginia

Competitive Power Ventures Inc. (CPV) has applied for a Special Use Permit in Fluvanna County, Virginia, to build a high-efficiency electric generating facility in the Nahor area of the county.
X