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.

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Mukherjee new commercial director of SAIL

Shuman Mukherjee is the new commercial director of Steel Authority of India Limited (SAIL), effective 23 December 2010.
Exxon Mobil buys Petrohawk Shale assets

Exxon Mobil buys Petrohawk Shale assets

Exxon Mobil has agreed to pay $650 million for Petrohawk Energy Corp.'s natural gas wells and pipelines in the Fayetteville Shale, Arkansas.
Paper mill getting second life

Paper mill getting second life

The St. Marys Paper Corp. mill near Sault Ste. Marie, Ontario, has been shut down for years.  But it is slated for restart in conjunction with a combined heat-and-power plant that will be built adjacent to it. 
Mears to Succeed Wellendorf at Magellan Midstream

Mears to Succeed Wellendorf at Magellan Midstream

Magellan Midstream Partners, L.P. (MMP) has announced that Don Wellendorf will retire on Jan. 31, 2011.
Valve enables low power automation

Valve enables low power automation

Asco’s new 0.55 low-power solenoid pilot valves provide a perfect solution to automation with low power consumption. Because the valve uses only 0.55 watt, more devices can be installed on a process plant bus network or they can be used in remote locations with solar/battery sources.
Ethanol plant for Honduras

Ethanol plant for Honduras

Caribbean Bio Energy and the National Port Company have agreed to the installation of an ethanol plant in the port of Castilla.
Weir expands into Americas

Weir expands into Americas

Scotland-based The Weir Group PLC has acquired American Hydro Corp., a manufacturer of high-efficiency turbine components for hydro-electric power generation.
Holotik new cco of Regency

Holotik new cco of Regency

Regency Energy Partners LP has appointed Jim Holotik as executive vice president and chief commercial officer.
Biorefinery in Florida

Biorefinery in Florida

Algenol Biofuels Inc. has announced plans to build a pilot-scale Integrated Bio-Refinery adjacent to its recently opened laboratories in Lee County, Florida.
New appointments at Southern Co.

New appointments at Southern Co.

Susan N. Story, current president and CEO of Southern Co.’s Gulf Power unit, has been named president and CEO of Southern Co. Services.