Last updateThu, 23 May 2019 6pm


Rotork Used for Shale Oilfield Pipeline’s Solar Solution

Rotork actuators have been specified for use in solar powered control stations for water gathering pipelines in the oilfields of West Texas and New Mexico.

The use of solar power in industrial valve automation stretches back several decades but technological improvements in efficiency and storage means the technology has become more reliable and a practical alternative for sites in isolated areas.

IndianOil Selects Emerson to Modernize Refinery

Emerson has signed multiple contracts totaling $12 million with India’s largest commercial oil company, IndianOil, to modernize operations and emissions programs at the company’s refineries.

Under the contracts, Emerson will serve as automation contractor to help IndianOil meet the country’s new Bharat Stage VI (BS-VI) low-sulfur emissions standards, which take effect in April 2020. The BS-VI emission standards mandate a maximum sulfur content of 10 parts-per-million, which matches best practices set by Europe, the U.S. and other countries, and include limits on carbon monoxide, nitrogen oxides and particulate matter. 

EnPro Industries Announces CEO Succession Plan

EnPro Industries, parent company of Garlock Sealing Technologies, announced that Stephen E. Macadam, the company’s CEO and president, has informed its board of directors of his decision to retire from those positions on July 29, 2019 and that the board of directors will appoint Marvin A. Riley, EnPro’s executive vice president and COO, to succeed Macadam as CEO and president at that time. Macadam has agreed to serve thereafter as vice chairman, to facilitate the transition of the company’s leadership and provide assistance to Riley, until the end of February 2020, at which time he intends to resign from the board. 

ITT Reports Fourth Quarter, Full Year 2018 Results

In the fourth quarter of 2018, total revenue in ITT’s Industrial Process segment decreased 2% to $229 million due to a 2% impact from unfavorable foreign exchange. Organic revenue was flat as an 11% decrease in large pump projects primarily related to delivery timing was offset by a 5% increase in short-cycle activity due to strength in baseline pumps, aftermarket parts and valves. 

Flowserve Reports Fourth Quarter, Full Year 2018 Results

Flowserve announced its financial results for the fourth quarter and full year ended December 31, 2018. Sales for the year were $3.83 billion, up 4.7%, or 3.8% on a constant currency basis and included approximately 1% negative impact related to divested businesses. Flowserve Corporation delivered solid operating cash flow of $164 million in the 2018 fourth quarter, continuing the momentum of the second and third quarters. 

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