Last updateThu, 19 Sep 2019 4pm

BHGE’s Masoneilan Awarded Contract for Spain’s Largest Refinery

CEPSA’s refinery in San Roque, Cádiz, Spain has awarded BHGE’s Masoneilan a contract to provide the heavy-duty severe service angle control valves for the “Bottom-of-the-Barrel” upgrade project consisting of three new construction blocks: LC-Fining, Sulphur Unit and Utilities. This milestone contract celebrates a long-term relationship of BHGE Masoneialn supplying control valves to the CEPSA San Roque refinery since the 1970’s.

VMA Members Among Top 100 Houston Companies

BHGE was ranked #10 and DistributionNOW was ranked #13 on a list of the top Houston-based, publicly traded companies compiled by the Houston Chronicle. These rankings are based on the companies’ 2018 financial results, which were collected and analyzed by S&P Global Market Intelligence. The Chronicle developed the criteria for the rankings, which reflect performance as reported by public companies to the U.S. Securities and Exchange Commission (SEC).

Publicly traded companies in the Houston area are ranked using four performance criteria for 2018. The final ranking score is based on the average of the rankings for these criteria: total revenue, annual growth in earnings per share, annual revenue growth and one-year total return.

Emerson Acquires Two Product Lines from Circor

Emerson has acquired the Spence and Nicholson product lines from Circor International. The acquisition complements Emerson’s portfolio of steam system solutions for process industries and commercial buildings. The acquisition closed on August 30, 2019.

The Spence and Nicholson line of products include steam regulators, control valves, safety relief valves, temperature regulators, steam traps and other steam accessories and solutions.

First Reserve Eyeing SPX Unit to Combine with Trillium

People with inside knowledge of the situation tell Bloomberg that First Reserve and Apollo Global Management LLC are “among the private equity firms interested in the power and energy business being sold by SPX Flow Inc.”

The price tag “is expected to be valued at about $700 million, said the people, who asked not to be identified because they weren’t authorized to speak publicly. First Reserve could combine the SPX unit with its Trillium Flow Technologies, one of the people said.”

EnPro Industries Purchases Aseptic Group

EnPro Industries, Inc. has acquired The Aseptic Group (comprising Aseptic Process Equipment SAS and Aseptic Services SARL), a privately held company which distributes, designs and manufactures aseptic fluid transfer products for the pharmaceutical and biopharmaceutical industries. The Aseptic Group will become part of EnPro’s Garlock family of companies. The business was acquired in a cash transaction.

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