Global Heat Exchanger Industry Grow at a CAGR of around 4.7% to 2018

Heat exchangers are integral part of chemical and petrochemical industries. The chemical industry is the largest user of heat exchanger. Apart from the chemical industry, they are widely used in petrochemical and oil & gas industry, power generation, refrigeration, pharmaceuticals, HVAC, food & beverage processing, and pulp paper industry. New emerging technologies and regulations in certain regions have also helped in the growth of heat exchanger industry. Innovative heat exchangers are that can withstand corrosive chemicals are gaining popularity.

New Market Research Report Heat Exchanger Market by Types (Shell & Tube, Plate & Frame, Air Cooled), By Applications (Chemical, Petrochemical, Oil & Gas, HVAC & Refrigeration), Classifications (MoC, Temperature Range & Fluid Types) & Geography - Forecasts to 2018 added to ReportsnReports.com
The global market for heat exchanger  has grown significantly during the past few years and is expected to grow at a more rapid pace in the next five years, mainly driven by growing demand in the Asia-Pacific region. China is experiencing the highest heat exchanger demand globally, mainly due to increase in its industrial growth. The heat exchanger market in other countries is emerging from past years and is expected to grow significantly in the future. Various countries like India, Japan, etc. have their own respective focus to develop heat exchanger market by producing it domestically or by sourcing it from the other countries.
This study estimates the global market of heat exchangers by the end of 2018. This market research study provides detailed qualitative and quantitative analysis of the global heat exchanger market. The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues in the market. The market is further segmented and forecasted for major geographic regions, North America, Europe, Asia Pacific, and Rest of the World. The market is further segmented and forecasted for major countries like U.S., China, India, Italy, Germany, Sweden, Saudi Arabia, and their market revenues are covered for each of the country. Competitive scenario and market share of the top players in the market has been discussed in detail. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities.

http://www.whatech.com/market-research-reports/press-release/25996-global-heat-exchanger-industry-grow-at-a-cagr-of-around-4-7-to-2018

Asymblix Releases New Upgrade Heat Exchanger Kit

Asymblix, a leader in outside plant thermal solutions, announces the launch of the new upgrade kit for use in the patented Asymblix 1000 Watt Heat Exchangers. The new kit provides additional air velocity for the inner and outer loop fans leading to an additional 400 watts of the heat dissipation using the existing heat exchanger structure.

Asymblix 1000W heat exchanger has inner and outer loop fan that are thermostatically monitored by the Asymblix standard controller which activates both fans. The new upgrade kit includes the VelociHX controller which is the third generation fan monitoring and speed control platform from Asymblix and has been specifically designed for Asymblix’s heat exchangers and retrofit cooling systems. By monitoring interior cabinet air temperature, VelociHX tailors the speed of cooling fans based on thermal load of the OSP cabinet. Reducing the fan speeds to match thermal load allows a major reduction in fan noise and power consumption.

VelociHX locally indicates cooling system status through 8 indication LEDs, immediately pinpointing any problems. Furthermore, RS-232 communications and a standard dry-contact alarm output are available for connecting to any existing upstream site monitoring platform. The VelociHX is microprocessor controlled and monitors all data points over ten times a second.
VelociHX is available for most Asymblix heat exchangers, and already deployed OSP retrofit cooling upgrades, as well as with customized thermal management solutions.

About Asymblix
Based in Richardson, Texas, Asymblix OSP Solutions provides the most comprehensive retrofit cooling systems and legacy remote site upgrade kits that enable telecom service providers to modernize their local delivery infrastructure at minimum cost and time. Asymblix has engineered unique cooling products and total mechanical retrofit kits and upgrades for each specific remote cabinet that has been broadly deployed by Telcos over the last 30 plus years.
http://www.prweb.com/releases/2014/06/prweb11956955.htm

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