Georg Fischer acquires
Georg Fischer has agreed to acquire Harvel Plastics Inc. Georg Fischer is to acquire 100% of the issued and outstanding shares of Harvel Plastics Inc. in Easton (Pennsylvania, USA) for approximately USD 50 million in cash.
Scalable manifold adapts to any application
The Festo MPA-L valve manifold is scalable down to a single valve slice, so directional valves can be adapted to any application. The sub-base is made from a rugged polymer design that offers good corrosion resistance and light weight.
New control valves customizable
Ultra-High Pressure Valve Assembly HP-60 by Badger Meter’s Research Control Valves is designed for high-pressure chemical applications, including research, injection and pilot plants. The HP-60 can be used as a Class IV shutoff valve or for flow control and features a 17-4 ph alloy chromium-copper precipitation hardening stainless steel with a solid Stellite Innervalve assembly.
Fluor Named One of America’s Safest Companies
Fluor Corp announced today that it has been honored by EHS Today magazine as one of America’s Safety Companies for 2011. The list recognizes 12 firms representing a diverse range of industries. It is the second time that Fluor has received this award from EHS Today.
Opti deal completed
China National Offshore Oil Corp. (CNOOC) has announced that it has wrapped up its USD 2.1 billion takeover of oil sands operator Opti Canada. CNOOC entered into an agreement in July to acquire Opti which is estimated to hold about 195 million barrels of proved reserves, 534 million barrels of probable reserves, 1.