Wärtsilä's Acquisition Of Hamworthy Effective
Wärtsilä’s acquisition of the British-headquartered, global engineering company Hamworthy plc is effective.
The acquisition is a major step in Wärtsilä’s strategy to strengthen its position as a total solutions provider, and to provide its customers with a range of products and services to the marine and offshore industries, the company said. Wärtsilä announced the recommended cash offer for Hamworthy in November last year.
NPO Saturn Engine Part Of Russian Power Plant
NPO Saturn has delivered a 110 MW GTD-110 gas turbine engine to Inter RAO UES OJSC, who will use it to complete the Ivanovo combined-cycle power plant’s block No. 2.
The power plant, a subsidiary of Inter RAO UES, will generate 325 MW of power. NPO Saturn has three industrial turbines that have been put into industrial operation in the area. Two GTD-110 engines operate as part of block No. 1 in the Ivanovo combined-cycle power plant, and one GTD-110 engine operates as part of the CCPP of the Ryazan state district power plant.
Power Machines, EMAlliance Set For Integration
Power Machines OJSC has entered into the authorized capital of EMAlliance PJSC after signing a share purchase agreement with Auburn Investments Co., which holds 100% of EMAlliance PJSC shares. The transaction will be completed pending approval from the Federal Antimonopoly Service of the Russian Federation among other national authorities.
“The integration between EMAlliance and Power Machines is a logical step for both parties and it will provide the companies with additional development prospects,” said Igor Kostin, Director General of Power Machines OJSC. “This will eventually enable us to implement larger projects through supplying complete sets of equipment for boiler and turbine islands.”
Caterpillar, Energyst Sign Five-Year Agreement
Caterpillar Inc. and Energyst Cat Rental Power announced that the companies have signed a five-year agreement to globally develop temporary power products.
By working with Caterpillar, Energyst will strengthen its position in the international power projects (IPP) market by offering power products from Caterpillar, supported by partnerships within the Cat dealer network, Energyst said.
A Clean Order For Wärtsilä
Wärtsilä has received a contract to supply fresh water integrated scrubbers for a series of six vessels – with an option for a further two – being built to transport bulk commodities on North America’s Great Lakes and St. Lawrence Seaway, for the Canadian owner, Algoma Central Corp.
The integrated scrubbers are designed to clean the exhaust gases of the vessels’ main and auxiliary engines as well as the oil-fired boiler, enabling them to comply with current and forthcoming environmental regulations, Wärtsilä said. The Equinox Class ships, ordered by Algoma Central Corp., will be built in China at the Nantong Mingde Heavy Industrial Stock Company shipyard. The first vessel is scheduled to be delivered during the first half of 2013.
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