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Oil & Gas Pump Sales at 9 Million in 2018
The oil & gas pumps market is likely to witness sluggish growth, with global demand surpassing 9,000,000 units by the end of 2018, according to a latest report by Fact.MR. Rising demand for oil and gas is resulting in the growing demand for equipment such as oil & gas pumps. End-users in oil and gas industries are demanding efficient oil & gas pumps to ensure smooth operation and meet stringent emission standards.

Surging Sales in APEJ to Push Reciprocating Pumps Market Revenues to US$ 4 Billion in 2018
Reciprocating pumps market is projected to witness a significant growth, according to a latest report by Fact.MR . The market growth is being influenced by rising demand for oil and gas worldwide, especially in the petrochemical industry. The growing oil and gas demand is creating substantial opportunities for a range of industrial goods, including reciprocating pumps.

Flowserve Corporation Reports Third Quarter 2018 Results
Flowserve Corporation announced its financial results for the third quarter ended September 30, 2018.

HVACR Manufacturers Report Sales Growth
HVACR manufacturers reported positive 2018 sales growth according to the latest AHR Expo and ASHRAE Journal Annual Economic Outlook Survey. Last year’s confidence in the industry’s economic outlook is forecasted to carry into 2019, with 87% of respondents anticipating positive business prospects heading into the new fiscal year.

Xylem Reports Strong Quarter
Xylem Inc. reported third quarter 2018 net income of $130 million, or $0.72 per share. Excluding the impact of restructuring, realignment and other special items, the Company delivered adjusted net income of $139 million or $0.77 per share in the quarter, an 18-percent increase over the prior year period.

Franklin Electric Reports Record Third Quarter 2018 Sales and Earnings
Franklin Electric Co., Inc. reported third quarter 2018 GAAP fully diluted earnings per share (EPS) of $0.63, versus a GAAP fully diluted EPS in the third quarter 2017 of $0.52.

Pentair Reports Third Quarter 2018 Results
Pentair announced third quarter 2018 sales of $711million. Sales were up 3 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 6 percent in the third quarter.

Gorman-Rupp Reports Third Quarter 2018 Financial Results
The Gorman-Rupp Company reports financial results for the third quarter and nine months ended September 30, 2018.

Sulzer: Organic Growth in Order Intake Further Strengthened
Order intake in the first nine months of 2018 grew across all divisions, reaching CHF 2’676 million compared to CHF 2’385 million in the same period a year ago. Organic growth amounted to 7.2 percent, up from 6.5 percent reported in the first half of the year. In the third quarter, Sulzer achieved an order intake of CHF 874 million – an organic increase of 8.7 percent year on year.

GEA Releases Preliminary Third Quarter Figures
According to preliminary figures, the positive trend compared with the same period last year in order intake (approx. EUR 1,180 million, plus 12 percent), revenue (approx. EUR 1,180 million, plus 4 percent) and operating EBITDA (approx. EUR 135 million; plus 12 percent) has persisted throughout the third quarter of 2018. However, earnings development, in particular in the customer industry Dairy Processing, falls short of the company s own expectations.

Eight Indian Based Companies will Spend More than $1 Billion for Valves in 2019
160602_mc_sm The market for valves in India is increasing at a greater rate than elsewhere. Purchases in 2019 will exceed $3 billion. This represents valves, parts, and service which will be utilized in India. Eight large valve purchasers based in India will spend more than $1 billion for valves. However some of those valves may be installed in other countries.

Grundfos Reports Half Year Result
Grundfos continues to strengthen its global market position and realizes significant organic sales growth in all key priority markets.

The Changing Market for Gas Turbine Combust, Flow and Treat Products and Services
160602_mc_sm Sales of combust, flow and treat products and services for gas turbine power plants will exceed $80 billion this year. This is the latest forecast in 59EI Gas Turbine and Reciprocating Engine Supplier Program.

GEA Publishes Figures for the Second Quarter
In the second quarter of 2018, GEA topped the previous year´s figure for order intake, setting a new quarterly record.

$8.3 billion Nonwoven Filtration Media Market
160602_mc_sm Owners of air and liquid filters will spend more than $9 billion for nonwoven filter media in 2019.

Xylem Reports Eight Percent Increase in Organic Revenue and Orders, and Strong Double-Digit Growth in 2nd Quarter 2018 Earnings
Xylem reported second quarter 2018 net income of $115 million, or $0.64 per share. Excluding the impact of restructuring, realignment and other special items, the Company delivered adjusted net income of $131 million or $0.73 per share in the quarter, a 24-percent increase over the prior year period.

Pfeiffer Vacuum: H1 2018 Sales Increase by 22.4% Compared to the Previous Year
TherePfeiffer Vacuum, a leading global manufacturer of vacuum solutions, managed to increase sales by 22.4% to EUR 338.2 million compared to the previous year, a continuation of its encouraging start to the first half of the year.

Sea Change in the Industrial Valve Business
160602_mc_sm There is a sea change in the way industrial valves will be purchased in the future. With increasing use of data analytics and continuous monitoring of valve performance 6600 large purchasers will be making very informed decisions.

Sulzer: Strong Organic Order Growth and Profitability Increase
In the first half of 2018, Sulzer’s rebound continued. Order intake increased by 11.6 percent and by 6.5 percent organically. Sales increased by 10.5 percent and by 5.4 percent organically.

GF Continues Positive Momentum in the First Half-Year of 2018
Amid positive economic developments worldwide, sales went up 20% during the first semester of 2018 to CHF 2’396 million compared to the same period of 2017. All three divisions did contribute to the increase.

High Performance Cartridges Represent Thirty Percent of the Market
Liquid cartridges can be segmented by construction. String wound are commodity designs as are some nonwovens. However there are high performance nonwovens and membrane cartridges which are used in critical applications in the pharmaceutical, chemical and semiconductor industry.

GEA Broadens Funding Base
GEA Group Aktiengesellschaft has signed a EUR 150 million loan agreement running until 2025 with the European Investment Bank (EIB) to finance its research, development and innovation spending.

Growth in Semiconductor Industry has Impact on Special Combust, Flow and Treat (CFT) Markets
160602_mc_sm The semiconductor industry growth is higher than that of other industries purchasing combust flow and treat products and services.

Forecast Purchases at Each Individual Power Plant Unit
It is now possible to obtain product forecasts for each potential power plant customer. These forecasts can become the foundation of a sales program. McIlvaine can provide forecasts for more than 20,000 large units and another 30,000 smaller utility and industrial units.

Pump Forecasts for Many Thousands of Customers
It is now economically beneficial to forecast pump purchases at many thousands of plants. Since the average industrial pump is replaced every 10 years and since repairs and service generate costs equal to 75 percent of the initial price over the 10 year period, the market for replacement pumps and repairs/service is seven times higher than the market for new pumps for new systems.

Top Five Semiconductor Manufacturers Purchase 40 Percent of the Combust, Flow and Treat Products
160602_mc_sm The semiconductor industry is a large and growing market for combust, flow and treat (CFT) products. In 2019 the industry will spend $15.4 billion for these products. The top five purchasers will account for 40 percent of the total.

Successful Year for Endress+Hauser
Endress+Hauser increased sales and profit in 2017. The Group benefited from stronger industry conditions and introduced a wide range of product innovations, including the first digital services offering. Numerous new hires, substantial investments and great strides in the area of sustainability underscore the Group’s balanced growth.

Xylem Reports 7 % Organic Revenue Increase and Strong Double-Digit Growth in 1. Quarter 2018 Earnings
Xylem reported first quarter 2018 net income of $79 million, or $0.43 per share.

Parker Reports Fiscal 2018 Third Quarter Results
Parker Hannifin Corporation reported results for the fiscal 2018 third quarter ended March 31, 2018.

Pfeiffer Vacuum Increases Sales in the First Quarter of 2018 by Nearly 25%
Pfeiffer Vacuum exceeded the previous year’s record sales in the first quarter of 2018. Its sales increased by 24.4% to EUR 170.4 million (previous year: EUR 136.9 million). Of its total sales, EUR 16.0 million was generated by the companies Nor-Cal Products, ATC and Dreebit, all of which it acquired in the previous year. 

Baker Hughes Announces First Quarter 2018 Results
Baker Hughes announced the results for the first quarter of 2018. 

Largest Market for Liquid Measurement Instruments is at Existing Plants
The market for liquid measurement devices for new plants in industrial flow and treat applications is less than 20 percent of the total when compared to replacement, repair and instruments for upgrade projects due to expanded utilization of IIoT at existing plants.

Sulzer: Record First Quarter Order Intake – Operations Back to Normal
Order intake in the first quarter of 2018 grew strongly across all divisions, reaching CHF 900 million compared to CHF 758 million in the same period a year ago. Organic order growth of 12.8 percent was mainly driven by the oil and gas market. 

Pentair Reports First Quarter 2018 Results
Pentair announced first quarter 2018 sales of $1.3 billion. Sales were up 7 % compared to sales for the same period last year. Excluding currency translation and acquisitions, core sales grew 4 % in the first quarter. 

The Power of Innovation for Suppliers of Combust, Flow and Treat Products
Order intake in the first quarter of 2018 grew strongly across all divisions, reaching CHF 900 million compared to CHF 758 million in the same period a year ago. Organic order growth of 12.8 percent was mainly driven by the oil and gas market. 

GEA Releases Preliminary First Quarter 2018 Results
GEA Group Aktiengesellschaft has announced preliminary first quarter 2018 results while simultaneously confirming its business outlook for the year 2018. 

Large Replacement Market for Municipal Wastewater Combust, Flow and Treat Products
160602_mc_sm The market for combust, flow and treat (CFT) products for municipal wastewater treatment plants is growing faster than GDP and is larger than represented in many reports.

$1 Trillion Combust, Flow and Treat Market in 2018
Power, water and industrial plants will spend $1 trillion in 2018 for equipment and services for the combustion, treatment and measurement of gases, liquids and free flowing solids.

Pfeiffer Vacuum Posts Record Sales in FY 2017
Total sales for FY 2017, which had been preliminarily announced and have meanwhile been audited, amounted to EUR 587.0 million. This represents a significant increase of 23.8 % (previous year: EUR 474.2 million).

GEA Ends Fiscal Year 2017 with Moderate Growth
Düsseldorf-based technology group GEA has published figures for the 2017 financial year together with a business outlook for 2018.

Impact of Free Trade on the $400 billion Combust, Flow and Treat Industry
After World War II the U.S. led the way to world prosperity with the attitude that a rising tide lifts all boats. The better each country does, the bigger the potential market. Now the world is facing trade restrictions which are based on the opposite philosophy.

Parker Hannifin Sets New Target of 19% Segment Operating Margins by 2023
Parker Hannifin Corporation reviewed progress being made under the new Win Strategy and provided an update to its five-year financial performance targets at an investor meeting in New York. The Win Strategy is the Parker business system and establishes goals for engaged people, premier customer experience, profitable growth and financial performance.

Vogelsang Growing in Numbers and Innovative Drive
160602_mc_smIn the business year 2017, Vogelsang GmbH & Co. KG increased its sales by 14 percent to 105 m euros, thus continuing its trend of growth. “Over the course of the past year, we have set up additional production sites and subsidiaries in locations such as Russia, Brazil, Morocco, Dubai and Portugal, as well as expanding some of our existing sites.

Sulzer Returns to Organic Order Growth
In 2017, order intake grew by 2% organically and 12% including acquisitions. Sales increased by 5% on acquisitions but declined organically because of a low order backlog entering the year.

GFs Growth Well Above Target
GF grew substantially in all regions in 2017 with China showing the highest rates of growth and overall sales reached CHF 4‘150 million, an 11% increase.

ABB Positioned for Profitable Growth
Transition delivers streamlined and strengthened portfolio and operations.

GEA Completes Share Buyback Program
GEA Group Aktiengesellschaft completed its share buyback program in the amount of up to EUR 450 million within the envisaged timeframe

A Solid Year for Endress+Hauser
160602_mc_sm Sales, results and headcount increase significantly in 2017.

The Advantages of Offering Multiple Combust, Flow and Treat (CFT) Products
Bob McIlvaine who founded the Mcilvaine Company in 1974 but prior to that headed an air pollution company describes these advantages.

GEA Releases Preliminary Figures 2017 and an Initial Indication for the 2018 Fiscal Year
GEA projects the following preliminary figures for the 2017 fiscal year (excluding effects from acquisitions made in 2017): At approximately EUR 4,750 million (previous year EUR 4,674 million), order intake is moderately above the prior-year level.

U.S. Based Companies Will Make Twenty-Five Percent of the Valve Purchasing Decisions in the New IIoT Environment
160602_mc_sm The infiltration of IIoT and remote O&M into the valve industry will profoundly impact the purchasing approach of plant owners. The 550 largest valve operators are increasingly making decisions for all their plants at the corporate offices.



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