02-04-2024
Valmet has completed the acquisition of the Process Gas Chromatography business from Siemens
Valmet has completed the acquisition of the Process Gas Chromatography & Integration business from Siemens AG. The closing of the transaction follows the agreement that was announced on July 17, 2023.
The Process Gas Chromatography & Integration business of Siemens AG is a market leader with its MAXUM II Gas Chromatograph platform, Systems Integration, and Customer Services offering. Gas Chromatographs are used to measure the chemical composition in gases and evaporable liquids in all stages of production. With deep customer process knowledge in chemicals, liquefied natural gas (LNG), refining and biofuels, the business provides critical process insights to support its customers in ensuring and improving quality, sustainability, and safety worldwide. The business employs around 300 people, and its main locations are in the USA, Germany, and Singapore.
The acquisition is in line with Valmet’s strategy and will further strengthen Valmet’s automation segment and process automation offering with process industry gas chromatograph and process analyzer systems offering. It also strengthens Valmet’s Automation Systems business footprint in North America, Asia-Pacific, and Europe. The acquired business is integrated into Valmet’s Automation Systems business line as a business unit called Analyzer Products and Integration.
“The acquisition was completed as planned and we are very happy to welcome the new colleagues as well as the former Siemens Process Gas Chromatography & Integration’s customers to Valmet. The acquired business complements our automation offering well, opening the opportunity to serve both businesses’ current and future process automation customers with a wider offering,” says Emilia Torttila-Miettinen, President, Automation Systems business line at Valmet.
“Today is a monumental milestone in our history, as the acquisition of our Gas Chromatography & Integration business by Valmet is now finalized. Valmet has demonstrated its commitment to our MAXUM II Gas Chromatograph technology, customers, and employees throughout this process, and we are confident that aligning with an organization that embraces our value will lead to sustained mutual success. On behalf of all our associates around the world, we are excited to begin this new journey as part of Valmet’s Automation Systems business line,” says Glen Irving, Vice President, Analyzer Products and Integration business unit, Automation Systems business line, Valmet.
Sponsor:
News Category:
-
Celebrating the first 70 years with Jamesbury product offering
The premium performance Jamesbury™ solutions offer improved process efficiency and safety on proven and value-driven designs. Jamesbury solutions combine a wide range ...
02-12-2024
-
Big size valves solve big size challenges
Valmet’s Neles™ big size globe valves are increasingly being used in major projects worldwide, providing reliable high performance in heavy industries such as mining ...
07-10-2024
-
Reliable and rugged valves for swing adsorption
To remove impurities from feed gas, swing adsorption techniques have been used in industrial gas applications for decades. Today, with the emphasis on green technology ...
12-09-2024
-
There are many advantages to the Neles NDX valve controller that have our existing customers very pleased with the results after installing it on their valve assemblies. ...
14-08-2024
-
When it comes to wear in valves, not all materials were created equal
The Neles™ WearBlock™ Metal Matrix Composite makes a strong point for why you simply can’t afford to buy the cheapest valves available for demanding oil & gas ...
01-07-2024
-
EPC projects require more than just the availability of great products
There is a lot more at play in EPC projects than just the technological solutions we have to offer. Our strength lies in fact that both the EPCs and the end customers ...
23-05-2024
-
Worn out: How ignoring valve wear could cost you
Find out how the Neles™ WearBlock solution can give valves in wear-intensive oil & gas applications increased durability, reliability and cost efficiency over a ...
24-04-2024
-
Ask the expert: Why are valves important in industrial gas processing?
Can you explain the importance of valves in industrial gas processing? Gases like hydrogen, helium and oxygen are in higher demand than ever before. This means the equipment ...
23-04-2024
-
Valmet has completed the acquisition of the Process Gas Chromatography business from Siemens
Valmet has completed the acquisition of the Process Gas Chromatography & Integration business from Siemens AG. The closing of the transaction follows the agreement ...
02-04-2024
-
Striking the right balance between reliability and innovation
Typically, one of the first questions we get asked relates to reliability. In our industry, just like in the fields where our customers operate, reliability is one of ...
18-03-2024