Ahlstrom acquires remaining share of joint venture in Brazil

Ahlstrom acquires remaining share of joint venture in Brazil

8 Industry news Filtration+Separation October 2008 Alfa Laval acquires separation company Alfa Laval Group has acquired Hutchison Hayes Separation,...

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Industry news

Filtration+Separation October 2008

Alfa Laval acquires separation company Alfa Laval Group has acquired Hutchison Hayes Separation, a provider of separation equipment, parts and services, mainly to the US energy related industries.

channel for centrifugal separation equipment and service. Hutchison Hayes will operate as a separate organisation and be consolidated in the Alfa Laval Group.

In acquiring Hutchison Hayes, Alfa Laval Group is adding a new sales

In other company news, Alfa Laval has received an order for

Ahlstrom acquires remaining share of joint venture in Brazil

plate heat exchangers from a company based in Russia. The order value is worth approximately SEK50 million and delivery is scheduled for 2009. www.alfalaval.com

IWA announces Project Innovation Award winners The International Water Association (IWA) has announced the winners of the Project Innovation Award Programme (PIA) 2008. Established to recognise excellence and innovation in water engineering projects throughout the world, the programme’s goal is in keeping with the IWA’s mission of “connecting water professionals worldwide to lead the development of effective and sustainable approaches to water management.” The awards consist of five categories, which are applied research, planning, design, operations/management, and small projects.

São Paolo, Brazil, near to the Jacarei facility now owned by Ahlstrom.

Ahlstrom will acquire the remaining 40% of the joint venture formed with Votorantim Celulose e Papel (VCP) in September 2007. The production facility located in Jacarei, Brazil, manufactures specialty papers, and Ahlstrom now owns 100% of the shares. The acquisition is in line with Ahlstrom’s strategy to expand its operations in the fastgrowing markets in Brazil, Russia,

India and China. The price for the acquisition is 28 million. The assets in the joint venture comprise a paper machine, and offline coater and extensive finishing equipment at the Jacarei plant, close to São Paolo. The annual net sales are approximately 100 million. www.ahlstrom.com

The winners were presented with their awards during the IWA World Water Congress and Exhibition held in Vienna in September, and among them were Brown and Caldwell, in the applied research category, for its biosolids treatment process, and Joe Brown and Mark Sobsey, University of North Carolina, were recognised in the small project category, for their easy household-scale filtration for Cambodia.

Financial results and new company branding for Polymer Polymer Group Inc (PGI) has announced results from operations for the second quarter. The company highlighted that sales continued to reach record levels during the quarter, up 7.3% to US$290.9 million over the second quarter of 2007 and up 4.9% for the first six months compared to the same period of the prior year. Gross profit improved 6.9% over the first quarter of 2008 and 3.6% over the prior year period to US$45.9 million for the quarter. Net income for the second quarter improved to US$2.4 million versus the 2007 amount of US$1.2 million. In other company news, PGI has launched a new logo and revamped its website. On of the news features on the company website is the Innovation Lab, an interactive tool for customers to match the best PGI solution to their needs. The company is also rebranding itself as PGI. www.polymergroupinc.com

Bosch launches filtration business unit The Bosch Group has formed Filtration Americas, a new regional business unit to be led by David Sholtis as vice president and regional business unit leader. Sholtis comes to Bosch from Honeywell International where he served for 13 years.

The awards are sponsored by Black & Veatch.

Sholtis will be responsible for the filtration business in both North America and Latin America, including strategy formulation, support coordination, and coordination of the Bosch Group and MANN+HUMMEL joint venture – Purolator Filters NA LLC.