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August 5, 2013
ABB (Zurich, Switzerland; www.abb.com), a power and automation technology group, announced today the acquisition of Alstom’s ring motor business to enhance its gearless mill drive (GMD) system business. The parties agreed not to disclose financial details of the transaction. The business, based in Bilbao, Spain, has about 120 employees and will become part of ABB’s Process Automation division...
August 1, 2013
During remarks at the U.S. Energy Dept.’s (DOE; Washington, D.C.; www.energy.gov) Biomass 2013 annual conference, Secretary Moniz today highlighted the important role biofuels play in the Administration’s Climate Action Plan to increase our energy security and reduce greenhouse gas emissions from the transportation sector. Secretary Moniz also announced over $22 million in new investments to...
July 31, 2013
Nikkiso Co. (Tokyo, Japan) the manufacturer of fluid control technologies, has acquired Geveke B.V. (Amsterdam, the Netherlands), a sales company and system integrator of industrial pumps and compressors, as a strategic investment at this end of July 2013. Nikkiso is driving its presence in the global oil-and-gas market together with its German subsidiary Lewa GmbH (Leonberg, Germany; www.lewa.com), the...
July 29, 2013
Innovnano (Coimbra, Portugal; www.innovnano-materials.com), a manufacturer of high-performance ceramic powders, has invested in a high-tech, brand new facility for production of its nanostructured powders, including 3 and 4 mol % yttria stabilized zirconia (YSZ). The new site is based in a dedicated technology park in Coimbra, and has been designed to allow high-capacity expansion and industrial-scale...
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