Metso has decided that the businesses under the Minerals and Flow Control segments will be further developed separately from each other.

Metso has also appointed Olli Isotalo as President, Valves business area. Isotalo will start in his position on July 15, 2019 and will become a member of the Metso Executive Team. Isotalo has previously served as CEO of Patria Oyj and has held various executive positions at Cargotec Corporation. John Quinlivan, the current President of the Valves business area, will continue as Senior Adviser until the end of 2019 and will support Olli Isotalo during the transition period.

BHGE, together with Fluid Control OOD, has been awarded the VLM (Valve Lifecycle Management) contract to provide valve diagnostics and service management for the LUKOIL Burgas Refinery, Residue Hydrocracker unit covering approximately 150 valves. Located on the Black Sea coast of Bulgaria, the Burgas Refinery has been operating since 1964, and has continuously expanded and optimized operations to produce over 60,000 barrels per day to deliver roughly 10 million tons of annual capacity.

In southern France, 35 nations are collaborating to build the world's largest tokamak, ITER, a magnetic fusion device that has been designed to prove the feasibility of fusion as a large-scale and carbon-free source of energy based on the same principle that powers our sun and stars.

The ITER Tokamak and plant auxiliary systems will produce an average of 500 MW of heat during a typical plasma pulse cycle, with a peak of more than 1100 MW during the plasma burn phase; all of this heat needs to be dissipated to the environment.

Velan will be providing over 2,000 valves for this project including ball, butterfly check and globe. These valves are scheduled for delivery between 2021 and 2023.

Conval has appointed Carl Hyltin as southwestern regional sales manager, covering the southwestern U.S. plus Mexico. Hyltin brings 27 years of valve sales experience in the power generation, petrochemical and pulp & paper industries throughout the south. He has extensive product knowledge of control valves, turbine bypass, desuperheating and gas turbine valve technology.

Hyltin resides in metro Houston and holds a Bachelor of Science in Engineering Technology from the University of North Texas.