Industry News

CVMR Corporation and Proteus Systems Inc. in a gathering of chemical industry professionals in Toronto, Canada, recently announced the success of their joint venture in providing a new generation of "control valve/flow sensor” in a “one unit fluid flow control system” used specifically for mining/minerals processing market, from beneficiation of ores to slurry flow control.

NOW Inc., a distributor of products and solutions for the upstream, midstream and downstream energy and industrial sectors, recently announced the closing of its previously announced acquisition of Power Service, Inc.

A joint venture between Sempra Energy’s Ienova unit and TransCanada Corp. won a USD $2.16 billion bid to develop an underwater pipeline from Texas to Mexico.

Pentair PLC, a global provider of water flow and energy solutions with its US corporate office in Minnesota and Brazilian main office in Sao Paulo, is exploring a sale of its valves-and-controls business.

The Machinex Group, headquartered in Plessisville, Quebec, will introduce its II Ram high-capacity baler series for the waste-to-energy industry at the upcoming WasteExpo in Las Vegas.

Atlas Copco, a manufacturer of industrial tools and equipment with multiple branches in North and South America, will be expanding its compressor range, starting in mid-2016.

Canada's energy regulator recently recommended the approval of Kinder Morgan Inc.'s plan to expand the Trans Mountain oil pipeline, subject to 157 conditions, clearing a major hurdle for the proposed trebling of capacity to serve lucrative Asian markets.

Hauhinco, an intelligent hydraulic water solutions company with operations in Evans City, Pennsylvania, has been contracted by a customer to engineer a descaling system for a new rolling mill for stainless steel panels.

According to a recent statement by Energy Minister, Juan Jose Aranguren, Argentina aims to stop importing light crude this year and improve domestic refining operations as it moves further down the road toward energy self-sufficiency.

Petrofac, a leading provider to the oil & gas industry with American branches in Mexico City and Houston, Texas, has been awarded a Duty Holder contract from BP to support the late life management of the Miller platform, located in the Central North Sea.