Vanessa Lopez, Research Analyst, at Interact Analysis examines Siemen’s acquisition announcement in detail. Siemens has been making big waves in its divestitures and acquisitions over the last few years. Most recently, it divested several business units worth nearly €3 billion into the newly formed Innomotics, which is currently up for sale. On March 21st, Siemens […]
With multiple drivers for growth in the industrial market, the challenges for water in Africa are more around implementation than technology, says Walid Khoury general manager of Desalytics, as he prepares for Water Africa 2024 in Ghana in June. What are the main challenges for the water market in Africa? The challenge we see in […]
Pentair, a leader in helping the world sustainably move, improve, and enjoy water, is honored to receive the 2024 ENERGY STAR Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. This is the twelfth consecutive year Pentair has received this award. Pentair strives […]
KHS’ range of digital services has now been extended to include the ConnectApp portfolio that gives customers greater efficiency and transparency. The first new application supports maintenance and servicing in the operation of filling lines. By implementing an edge device on its new production lines, in 2023 the Dortmund machinery and equipment manufacturer set the […]
The exhibition ends with results confirming it as a world leader in civil and industrial plant engineering, air conditioning, renewable energies and water world. The edition was focused on energy efficiency and energy transition, and it served as the foundation for various conferences, debates, and meetings. MCE Lab will continue to serve as a reference […]
Canada’s Thordon Bearings is playing a vital role in providing water to arid regions, with the installation of axial shaft seals and filtration systems to the world’s largest irrigation project, in south central India. The Kaleshwaram Lift Irrigation Scheme (KLIS) in Telangana, India, has been constructed in a region characterized by water scarcity, aiming to […]
The low voltage AC drive market is currently undergoing a profound shift. Traditionally, drives have been treated and marketed as a standalone component, however current demands from machine builders and end-users have necessitated viewing drives more holistically as part of a whole system solution. More specifically, demand for more modular, compact machinery has increased innovation […]
In this latest insight, Vanessa Lopez, Research Analyst at Interact Analysis reviews the situation and investigates the key suitors for the potential acquisition of Innomotics. This insight has been generated as part of Interact Analysis’ annual report on the low voltage AC motor market. In 2022, Siemens announced its intention to separate its motors division, […]
ITT Inc. today announced the company has signed a three-year agreement for the supply of API-610 centrifugal pump systems and related products and engineered services to ExxonMobil, one of the world’s largest international energy and petrochemical companies. The agreement contains a $50 million minimum contract commitment, with a total potential value of $80 million in […]
ABB announced that the Board of Directors will propose Johan Forssell and Mats Rahmström as new members for election at the company’s Annual General Meeting (AGM) on March 21, 2024. They will replace Jacob Wallenberg and Gunnar Brock who have decided not to stand for re-election. Jacob Wallenberg has been Vice-Chairman of the Board of […]
The pump industry is an enormous industry and plays a critical role in almost every facet of our lives. Water supply, fire protection, oil & gas, power plants, waste water treatment, sump pumps at homes, processing chemicals, foods & pharmaceuticals, and many more.
