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Grundfos delivered record sales of €4.6 billion in 2023, while reducing its own water and energy footprint and supporting customers in lowering theirs. 2023 highlights included double-digit growth within both the Commercial Building Services division and the newly acquired industrial water treatment business.The Danish company saw 2023 sales increase of 4.2% year-on-year which was in […]

Aira, the Swedish clean energy-tech company, has completed a €145 million Series B financing round with climate tech investors from Europe, the US and Asia. The financing was significantly oversubscribed and upsized from its initial €85 million target.The equity funding will allow Aira to further accelerate the electrification of residential heating in Europe. By switching

ITT Inc has signed a three-year agreement for the supply of highly engineered API-610 centrifugal pump systems and related products and engineered services to energy and petrochemical company ExxonMobil. The agreement contains a US$50 million minimum contract commitment, with a total potential value of US$80 million in revenue over the term. This is the largest

Asia’s oldest exclusive magazine on pumps, now in 30th year of publication, widely circulated all over India and abroad among end user industries, consultants, EPC companies, distributors and manufacturers. Pumps India Newsletter – March.2024 Amarinth delivers API 610 pumps for North Sea platform Amarinth has completed an order to replace end-of-life Girdlestone pumps with new

Asia’s oldest exclusive magazine on pumps, now in 30th year of publication, widely circulated all over India and abroad among end user industries, consultants, EPC companies, distributors and manufacturers. Pumps India Newsletter – March.2024 Valpres ready to ship its biggest control valve Valpres, an Italian valve manufacturer, has unveiled the dispatch of its largest control

The Hydrocarbon business (L&T Energy Hydrocarbon – LTEH) of Larsen & Toubro (L&T) has received a Letter of Intent for a mega Offshore order from a prestigious client in the Middle East.The scope of work comprises engineering, procurement, construction and installation of a new large offshore platform and brownfield work of integration with existing facilities.The

Amarinth has delivered two large API 610 OH2 pumps to Yinson Production for use aboard the Enauta-commissioned FPSO Atlanta. Yinson Production awarded Amarinth the design and manufacturing order for two API 610 OH2 pumps equipped with Plan 53B Seal Support Systems.  An aggressive 36-week delivery timeline was set for the pumps to align with the FPSO

Hayward Tyler Inc has secured a contract from nuclear innovation company TerraPower for the design and development of primary and intermediate sodium pumps to support the Natrium Reactor Demonstration Project in Wyoming, USA.The Hayward Tyler pumps will play a vital role in circulating liquid sodium within the primary heat transport system and transferring coolant to

The Hydrocarbon business (L&T Energy Hydrocarbon – LTEH) of Larsen & Toubro (L&T) has received a Letter of Intent for a mega Offshore order from a prestigious client in the Middle East.The scope of work comprises engineering, procurement, construction and installation of a new large offshore platform and brownfield work of integration with existing facilities.The

 As part of the Biden-Harris Administration’s Investing in America agenda, the US Department of Energy (DOE) has announced a historic US$169 million for nine projects to accelerate electric heat pump manufacturing at 15 sites across the country.The selected projects are the first awards from DOE’s authorization, invoked by President Biden using emergency authority on the