1
Industry news 6 Filtration+Separation July/August 2006 In brief The Water Technologies division of Siemens Industrial Solutions and Services (I&S) has been selected by Petrobras to provide a produced water treatment system for its P-53 Floating Production Storage and Offloading (FPSO) unit, located off the coast of Brazil. The produced water treatment system will include Monosep dissolved gas flotation (DGF) technology, which combines a patented floatation and DGF pump system. www.siemens.com Aqua America Inc has reached an agreement with Utilities & Industries Corp to acquire New York Water Service Corp in a transaction valued at US$51 million. Aqua America will pay US$28m in cash to acquire the stock of the company and assume US$23 million in debt. New York Water Service provides public water to approximately 135,000 residents in an area of Long Island, New York, USA. www.aquaamerica.com Nalco Co has created an exclusive agreement with Enviroquip Inc to market Nalco’s PermaCare Membrane Performance Enhancers for municipal membrane bioreactor (MBR) wastewater treatment plants in the US. The combined Nalco/Enviroquip offering will help reduce capital and operating expenses for new or existing MBR systems, the companies claim. www.nalco.com The programme has been announced for the International Filtration Conference, organised by Filter Media Consulting, which will take place in Osaka in November 2006. According to the organisers, it will feature topics about the potential of baghouse filtration; HVAC filtration; appliance filters and air purifiers; activated carbon media; cabin air filters and other automotive filtration; nanofibre technology; the latest electrostatically charged filter media developments; HEPA/ULPA; testing standards; and membrane-N2 separation. www.filtermedia-consulting.com Camfil Farr has acquired IF Luftfilter AB (IF), a Swedish producer of air and metal filters. Camfil Farr, which has grown strongly in North America and Asia in recent years, says that it will consolidate its Nordic home base as a result of this acquisition. The company has also concluded an agreement in principle to acquire its German co-operation partner within gas turbine and power plant filters, Kaefer-Raco Engineering GmbH, to create a new division – Camfil Farr Power Systems. Kaefer-Raco and Camfil Farr’s subsidiary, Camfil Industrifilter in Borås, Sweden, have co-operated within areas such as development and production since 2002. IF and Kaefer-Raco have combined annual sales of SEK 460 million and a total of approximately 200 employees. The total purchase price for the two companies amounts to approximately SEK 230 m, the company says. “For Camfil Farr, these two acquisitions will strengthen our product range in the industrial filter market,” said Camfil Farr’s ceo, Alan O’Connell. “Both acquisitions have a clear industry logic, which in addition to enhancing the product range will provide improved proximity to customers and a larger base for continued research and product development.” www.camfilfarr.com Two acquisitions for Camfil Farr Daikin to acquire OYL Industries Diversified manufacturing company Daikin Industries Ltd, based in Japan, has announced its intention to acquire up to a 100% stake in OYL Industries Bhd, a Malaysian HVAC and air-filtration business. It plans to acquire the shares at a purchase price of 5.73 Ringgit Malaysia (RM) (around US$1.6) per OYL ordinary share, totalling approximately 7,608 RM million (US$ 2,000 million). OYL is said to be the fourth-largest manufacturer of large-scale commercial air-conditioning and the third-largest commercial air- filtration manufacturer in the world, with revenue of approximately 168 billion yen and an operating profit of approximately 11.5 billion yen for the fiscal year ending 30 June 2005. It specialises in products/technologies and engineering in the applied business segment (and low-cost HVAC products with its low-cost mass- production technology) and holds a solid presence in North America and Asia, Daikin reports. Daikin adds that its acquisition of OYL will strengthen its global competitiveness in an ever- expanding HVAC market, which, it says, is likely to do well in the growing markets of Brazil, Russia, China and India. The increasing need to save energy, and a new demand for unconventional air- conditioning equipment with new natural refrigerant technologies, also lead the company to grow in this way, reports Daikin. www.daikin.com Powering ahead in a bid to target industrial pollution: Camfil Farr continues to strengthen in the gas turbine and power plant filtration marketplace.

Daikin to acquire OYL Industries

  • View
    216

  • Download
    1

Embed Size (px)

Citation preview

Page 1: Daikin to acquire OYL Industries

Industry news6Filtration+Separation July/August 2006

In briefThe Water Technologies divisionof SSiieemmeennss IInndduussttrriiaall SSoolluuttiioonnssaanndd SSeerrvviicceess (I&S) has beenselected by PPeettrroobbrraass to providea produced water treatmentsystem for its P-53 FloatingProduction Storage andOffloading (FPSO) unit, locatedoff the coast of Brazil. Theproduced water treatmentsystem will include Monosepdissolved gas flotation (DGF)technology, which combines apatented floatation and DGFpump system.

www.siemens.com

AAqquuaa AAmmeerriiccaa IInncc has reachedan agreement with UUttiilliittiieess &&IInndduussttrriieess CCoorrpp to acquire NNeewwYYoorrkk WWaatteerr SSeerrvviiccee CCoorrpp in atransaction valued at US$51 million. Aqua America willpay US$28m in cash to acquirethe stock of the company andassume US$23 million in debt.New York Water Service providespublic water to approximately135,000 residents in an area ofLong Island, New York, USA.

www.aquaamerica.com

NNaallccoo CCoo has created anexclusive agreement withEEnnvviirrooqquuiipp IInncc to market Nalco’sPermaCare MembranePerformance Enhancers formunicipal membrane bioreactor(MBR) wastewater treatmentplants in the US. The combinedNalco/Enviroquip offering willhelp reduce capital andoperating expenses for new orexisting MBR systems, thecompanies claim.

www.nalco.com

The programme has beenannounced for the IInntteerrnnaattiioonnaallFFiillttrraattiioonn CCoonnffeerreennccee, organisedby Filter Media Consulting, whichwill take place in Osaka inNovember 2006. According tothe organisers, it will featuretopics about the potential ofbaghouse filtration; HVACfiltration; appliance filters and airpurifiers; activated carbonmedia; cabin air filters and otherautomotive filtration; nanofibretechnology; the latestelectrostatically charged filtermedia developments;HEPA/ULPA; testing standards;and membrane-N2 separation.

www.filtermedia-consulting.com

Camfil Farr has acquired IFLuftfilter AB (IF), a Swedishproducer of air and metal filters.Camfil Farr, which has grownstrongly in North America andAsia in recent years, says that it willconsolidate its Nordic home base asa result of this acquisition.

The company has also concludedan agreement in principle toacquire its German co-operationpartner within gas turbine andpower plant filters, Kaefer-RacoEngineering GmbH, to create anew division – Camfil Farr PowerSystems.

Kaefer-Raco and Camfil Farr’ssubsidiary, Camfil Industrifilter inBorås, Sweden, have co-operatedwithin areas such as developmentand production since 2002.

IF and Kaefer-Raco have combinedannual sales of SEK 460 millionand a total of approximately 200employees. The total purchase pricefor the two companies amounts toapproximately SEK 230 m, thecompany says.

“For Camfil Farr, these twoacquisitions will strengthen ourproduct range in the industrial filtermarket,” said Camfil Farr’s ceo,Alan O’Connell. “Both acquisitionshave a clear industry logic, whichin addition to enhancing theproduct range will provideimproved proximity to customersand a larger base for continuedresearch and product development.”

www.camfilfarr.com

Two acquisitions forCamfil Farr

Daikin to acquire OYL Industries Diversified manufacturingcompany Daikin Industries Ltd,based in Japan, has announced itsintention to acquire up to a 100%stake in OYL Industries Bhd, aMalaysian HVAC and air-filtrationbusiness. It plans to acquire theshares at a purchase price of 5.73Ringgit Malaysia (RM) (aroundUS$1.6) per OYL ordinary share,totalling approximately 7,608 RMmillion (US$ 2,000 million).

OYL is said to be the fourth-largestmanufacturer of large-scale

commercial air-conditioning andthe third-largest commercial air-filtration manufacturer in theworld, with revenue ofapproximately 168 billion yen andan operating profit of approximately11.5 billion yen for the fiscal yearending 30 June 2005. It specialisesin products/technologies andengineering in the applied businesssegment (and low-cost HVACproducts with its low-cost mass-production technology) and holds asolid presence in North Americaand Asia, Daikin reports.

Daikin adds that its acquisition ofOYL will strengthen its globalcompetitiveness in an ever-expanding HVAC market, which,it says, is likely to do well in thegrowing markets of Brazil, Russia,China and India. The increasingneed to save energy, and a newdemand for unconventional air-conditioning equipment with newnatural refrigerant technologies,also lead the company to grow inthis way, reports Daikin.

www.daikin.com

PPoowweerriinngg aahheeaadd iinn aa bbiidd ttoo ttaarrggeett iinndduussttrriiaall ppoolllluuttiioonn: Camfil Farr continues tostrengthen in the gas turbine and power plant filtration marketplace.

FISE_Jul_aug_pg4_8.qxd 14/07/2006 15:20 Page 6