Two buyout groups bid for GEA heat exchangers unit - sources

(Reuters) - Two buyout groups have made final offers for the heat exchangers division of German industrial machinery and process engineering group GEA , one of which could be picked for exclusive talks within days, three people familiar with the matter said.
EQT, which is working with industrial services group Bilfinger, and private equity investor Triton handed in bids valuing the unit at about 1.2-1.3 billion euros ($1.65-$1.8 billion) by a Friday deadline, the people said.
"However, the headline price does not give you the complete picture because almost a third of the unit's roughly 1.5 billion euros in sales is project-business, which comes with guarantees," one of the people said.
Some of the risk from these guarantees may wind up staying with the seller, potentially inflating the sales price, he added.
GEA, EQT, Bilfinger and Triton all declined to comment.
The heat exchangers division, GEA's second-largest business by revenue but last year defined as non-core, makes equipment for a wide range of applications from air conditioning to cooling towers.
In the consortium comprising Bilfinger and EQT, the industrial services group is interested in acquiring the cooling towers activities, while the buyout group would take the rest.
Triton acquired the heat exchanger business of Alstom earlier this week. But sources familiar with the transaction said the GEA and Alstom units are so different that few benefits would be gained by merging them. ($1 = 0.7263 euros) (Reporting by Arno Schuetze; Editing by Hugh Lawson)

http://www.reuters.com/article/2014/04/04/gea-unit-sale-idUSL5N0MW36V20140404

Alfa Lavel bags heat exchangers order from Middle East

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Alfa Laval Packinox heat exchangers to an integrated refinery-petrochemical complex in the Middle East.

The order, booked in the Process Industry segment, is worth approximately SEK 65 million and delivery is scheduled for 2014 and 2015.

The Alfa Laval Packinox heat exchangers will be included in a process to remove non-desirable substances, such as sulfur, from the feed stock.

“This order confirms the continuous investments in energy-efficiency we see in the process industry. Our Packinox heat exchanger has a proven performance and is a perfect fit for the demanding applications in the refinery and petrochemical industries,” says Lars Renström, President and CEO of the Alfa Laval Group.

Did you know that… an Alfa Laval Packinox heat exchanger can handle temperatures up to 550 degrees Celsius, can be up to 25 meters high and still it is more compact than the competing, traditional shell-and-tube technology?

About Alfa Laval                                                                                                        

Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling.

The company’s equipment, systems and services are dedicated to assisting customers in optimizing the performance of their processes. The solutions help them to heat, cool, separate and transport products in industries that produce food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar and ethanol.

http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=158894

New heat exchangers from EJ Bowman

EJ Bowman has extended its range of exhaust gas heat exchangers with its new type 15 unit which is capable of recovering waste energy from engines rated up to 1MW. The type 15 heat exchanger means Bowman can now cater for larger scale power generat ion applications.

First unveiled at the Hannover Fair 2013 the Bowman type 15 heat exchanger generated a huge level of interest, reports the manufacturer.

Designed specifically to address market demands for a high efficiency unit for engines up to 1MW typical power, the type 15 is capable of recovering around 600kW of waste heat through the engine’s exhaust stream at an exhaust gas mass flow rate of 70kg/min.

The unit is perfect for larger independent genset applications, where high levels of waste heat that would otherwise be lost to the atmosphere can be recovered and used to provide either hot water or heat thermal oil for ORC systems at no extra cost in terms of fuel usage.

Commenting on the launch of the unit, Kevin Howell of Bowman, told UKPN: “The launch of the type 15 heat exchanger is a significant step toward into larger scale power gen applications for Bowman. It also gives genset manufacturers the opportunity to offer their customers CHP solutions that combine exceptional efficiency with a competitive price.”

As well as for heat recover, these units can also be used to reduce the exhaust temperature in engines operating in hazardous environments where for safety reasons it is necessary to reduce the temperature of the exhaust gases.

In common with all standard Bowman Exhaust Gas Heat Exchangers, the new type 15 unit is suitable for use with engines powered by Biogas, Diesel Gases and Natural Gases.

Bowman Exhaust Gas Exchangers are manufactured to a standard range of sizes, they are competitively priced and offered on a quick delivery to meet clients’ build schedules.

Bowman can also now offer several exhaust gas heat exchangers with right-angled end covers, which are fitted with a removable plate on each end, allowing easy access to the heat exchanger tubes for cleaning and maintenance without the need to drain the system.

When Bowman exhaust gas heat exchangers are used in conjunction with other Bowman units such as: Header Tank Heat Exchangers, Charge Air Coolers and Bowman Oil Coolers, it is possible to reclaim over 90% of lost heat from the engine.

Bowman heat exchangers are tested to the limit and proven in the most demanding applications, the world over – including the British Antarctic Survey’s (BAS) new research station, Halley VI (http://www.bas.ac.uk/). In winter, temperatures on the Brunt Ice Shelf plunge to −50°C and snow falls for half the year.

Bowman units are critical to the combined heat and power system (CHP) which supplies energy for space heating, hot water, lighting, ventilation and electrical power.

Without this CHP system, the people on the resident BAS team who live and work at the base could not survive.

The units met the demands of this unique artesian water supply, a variety of pool sizes, heating methods and the massive fluctuation in outside air temperatures – from below freezing in winter up to 40°C in summer.

Bowman heat exchangers are also central to three CHP power plant units at a Finnish eco residential project.

The units are fitted to Sisu Gensets for recovering waste heat from the exhaust and jacket water systems. The power plant supplies heat and power to 10 houses.

EJ Bowman is a worldwide, ISO9001:2008 certified OEM manufacturer of Heat Exchangers and Oil Coolers for industrial and commercial applications.

Bowman occupies a purpose-built factory which is ideally situated centrally in the heart of the UK, from where it directly exports over 70% of its production worldwide.

http://www.youroilandgasnews.com/new+heat+exchangers+from+ej+bowman_93703.html

GEA Heat Exchangers launches new website for China

GEA Heat Exchangers has revealed its new website for the Chinese market.
The new site will picture and offer only GEA products that are marketed in the country and product information will be available in both Chinese and English. GEA currently operates six locations in China, which is seen by market leaders as one of the most important industrial countries in Asia.
“With our new country-oriented website and its content oriented to this market, we are supporting our business in one of the strongest growth regions of the world, which means we can react to regional requirements,” said segment president of GEA Heat Exchangers Christoph Michel.
“We want to assure closeness to our customer as well as top local service quality. Corporate presentation effectively adapted to market conditions is an essential part of our customer support efforts and contributes to future-oriented further development of our business.”

http://www.foodbev.com/news/gea-heat-exchangers-launches-new-website#.Ui3l2VuXdnI

Hunt Graham to supply Saudi project with heat exchangers

Corac Group subsidiary Hunt Graham has secured a contract to supply multiple heat exchangers to a project in Saudi Arabia.

The contact is valued in excess of £1.6m and is for five specialised heat exchanger units for delivery within one year.
The order was placed by VME Process, a US based Engineering, Procurement and Construction (EPC) company and a supplier of process systems to the oil and gas industry, through their Asia Pacific office in Singapore.
http://www.theengineer.co.uk/channels/policy-and-business/business-briefs/hunt-graham-to-supply-saudi-project-with-heat-exchangers/1016816.article

Unison Announces Surface Cooler Heat Exchanger Enhancements

LE BOURGET, France, Jun 17, 2013 (BUSINESS WIRE) -- Unison Industries today announced enhancements to their conformal Integrated Fin Technology(TM) surface coolers. These unique heat exchangers are in service on the GE powered Boeing 787 aircraft, and they were selected for Leap-1B and the new GE Passport engine. They will save customers thousands of dollars annually in specific fuel consumption (SFC) since they are lower weight and produce less drag. An additional benefit to the new design is flexibility in cooler shape, since the heat exchangers are no longer limited to "box" configurations. The Unison surface coolers lend themselves to whatever shape best suits the engine flow contours on which they will be installed. Unison's advanced heat exchanger technology is patented and patent pending.

Mike Grunza, president of Unison Industries, said, "We have been developing this innovative technology for several years and we believe we have only scratched the surface of what is possible with our Integrated Fin Technology(TM). The continuous evolution of the design confirms that Unison is committed to advancing the technology."

Unison surface coolers offer "always on" integrated oil de-congealing passages in their base. With this enhancement anytime oil is flowing through the system it is providing the warmth necessary to de-congeal oil in the core of the surface cooler after the system has been exposed to very cold temperatures for an extended time. These integrated oil de-congealing passageways are highly desirable features since the surface coolers tend to be long in circumferential length.

A second feature focuses on combining two or more heat-exchangers into a single assembly. This will be useful when both the generator cooler and engine lube oil cooler are located in close proximity. Since the manufacturing process accommodates such an arrangement, these features can be incorporated into Unison's conformal Integrated Fin Technology(TM) surface coolers.

Grunza added, "Engines already in service are also excellent candidates for Unison's surface cooler technology, and retrofitting to the Unison heat exchanger is a great opportunity to reduce weight and drag, reducing operating costs."

Unison Industries, LLC, is a leader in the design, manufacture and integration of electrical and mechanical components and systems for aircraft engines and airframes. Unison serves both original equipment manufacturers and aftermarket customers in commercial, military and general aviation markets. Unison's headquarters are in Cincinnati, OH, and it employs more than 4,000 people in fifteen manufacturing facilities and logistics centers worldwide. For more information, visit www.unisonaviation.com.

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130617006303r1&sid=cmtx6&distro=nx 

http://www.marketwatch.com/story/unison-announces-surface-cooler-heat-exchanger-enhancements-2013-06-17

Xylem Lowara Launches New Range of Advanced Heat Exchangers

Xylem Lowara UK has launched a new range of advanced brazed and gasketed frame plate heat exchangers specifically designed for domestic, commercial and industrial applications.

The new heat exchange plates combine a chevron-style heat transfer between the frame and pressure plates for superior efficiency. The heat transfer plates have holes at the four corners that form a header, which distributes the fluids to the opposite sides of each plate when the plates align. This results in the fluid being confined to the heat transfer surface of the plate.

The new range, which is capable of dealing with temperatures ranging from -350C to 1700C, has a maximum flowrate of 1365 l/sec and can withstand pressures of up to 20 bar as standard. The modular design of the heat exchangers means the inlet and outlet connections are on the same plane, keeping installation and maintenance simple.

Gary Wilde, Business Development and Marketing Manager for Xylem Lowara UK, said: “The new heat exchangers have been designed to offer not only effective re-cycling of waste heat, but also a system which is simple to install and maintain.

“The versatility of the heat exchangers means they are ideal for use in an extensive range of domestic, industrial and commercial applications across the HVAC, food and beverage industry, marine and automotive sectors to name just a few.”

With a studded connection which comes in five different options, the heat exchangers require no welding when being assembled or any special tools to tighten the plate pack. The opening and closing of the unit requires no disconnection allowing easy expansion of the piping and the overall unit providing easy access to intricate components. 

http://impeller.net/magazine/News_en/doc6777x.asp