Rocsole Taps Tienhaara as CEO
Tomography technology company Rocsole said it has appointed Mika Tienhaara as the new chiefe executive officer starting in 2020.Tienhaara has previously been CEO of the Ascom Separation which was acquired by Sulzer Chemtech AG, and has held various roles in Aker Solutions.
Advanced AI Engine for Automated Blade Damage Detection
Sulzer Schmid, a Swiss company pioneering UAV technology for rotor blade inspections, and artificial intelligence (AI) specialist NNAISENSE have formed a partnership to develop an artificial intelligence engine to automatically detect rotor blade damages on wind…
Sulzer Schmid’s New Tech Autonomous Drone Inspections
Sulzer & Schmid Laboratories AG has announced that it has launched a new inspection platform. The company’s new 3DX HD product has been developed as a cost-effective solution to cope with large volumes of high definition blade inspections.Based on the compact and flexible DJI M-210 drone…
Sulzer Acquires License for Total’s Wash Tank Technology
Sulzer’s Chemtech division has been granted a license covering the Total-patented Wash Tank Technology for Oil Processing. The main purpose of this technology is to enhance the removal of water, salt and contaminants from oil and emulsions, by a controlled distribution…
New In-line System for Natural Gas Dehydration
ExxonMobil said it has developed new technology to dehydrate natural gas using a patented absorption system inside pipes and replace the need for conventional dehydration tower technology. This “in-line” technology, called cMISTTM, could be deployed at both land-based and offshore natural gas production operations.
Headwinds in O&G Market may force Sulzer's Swiss Plant Closure
Sulzer plans to close its manufacturing facility in Oberwinterthur, Switzerland. The company expects this planned restructuring to be completed in the first half of 2017. Sulzer is reacting to increasingly strong market headwinds, particularly in the oil and gas market.
Sulzer Acquires Precision Gas Turbines in USA
On June 3, 2015, Sulzer acquired the business of Precision Gas Turbine Inc. (Florida). Through this acquisition, Sulzer will further develop its current capabilities for field services for European manufactured gas turbines. In 2014, Precision Gas Turbine Inc. achieved revenues in a single-digit million US dollar range.
Sulzer to Host Technical O&G Showcase
Sulzer has invited professionals from the oil and gas sector to attend a free showcase and technical forum in Aberdeen, one of the main hubs for the U.K. industry. The event, scheduled for February 11, 2015, will provide an insight into the resources and technical…
Siemens Buying Dresser-Rand, Shale Boom Beckons
Bids $83 per share in agreed deal, biggest in its history. Sells stake in household appliance JV for 3 bln euros; Sulzer withdraws from contest. Germany's Siemens has agreed to buy U.S. oilfield equipment maker Dresser-Rand for $7.6 billion in cash, aiming to catch up with arch-rival General Electric in a booming U.S.
Sulzer Shareholder has 5 pct Dresser-Rand Stake
Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle. Swiss pump maker Sulzer, in which Renova Group has a 33 percent stake…
Source: Siemens Offering $6.1 bln for Dresser Rand
Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday. Siemens declined to comment on the report. Such an offer would put Siemens in competition with Swiss pump maker Sulzer…
Sulzer In Deal Talks with US-based Dresser-Rand
Sulzer said on Wednesday that is is in talks over a potential tie-up with U.S.-based compressor and turbine maker Dresser-Rand. "Sulzer has confirmed that it is engaged in non-exclusive discussions with Dresser-Rand regarding a potential transaction," the Winterthur…
Sulzer Sells Of Its Metco Division To Oerlikon
Sulzer has successfully completed the sale of its Metco division to Oerlikon. This sale was announced on January 31, 2014. The transaction is based on an enterprise value of CHF 1 billion. Sulzer’s net cash proceeds after all taxes will be approximately CHF 850 million.
