Invensys Provides Advanced Process Control for Chile-Based Codelco

Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, today announced that it has partnered with Codelco, the world’s largest copper producer, on a corporate-wide development agreement to improve the performance and longevity of Codelco’s processing assets at the smelters areas, increasing... 

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MacroSolve Mobilizes Oil and Gas Industry With eLynx Technologies

MacroSolve, Inc., parent company of Anyware Mobile Solutions, announced its work with oil and gas industry client eLynx Technologies to deliver SCADALynx Mobile Edition, enabling eLynx customers to use BlackBerry and other smartphones to retrieve and update data critical to their daily operations and efficiency. “As the leading provider of web-based monitoring and field automation services to the... 

vMonitor Announces Aggressive Growth Strategy and Hiring of L J Guillotte as President and CEO

vMonitor, Inc. announces early results of its Aggressive Growth Strategy in oil and gas wireless automation and field optimization solutions. vMonitor Director Tom Bates, former Managing Director at Lime Rock Partners and former CEO of Weatherford Interra, describes the Company’s strategy as follows: “vMonitor has succeeded in developing the broadest, most comprehensive of wireless oil... 

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Senscient ELDS(TM) Series Open Path Gas Detectors Eliminate False Alarms Inherent in Conventional Designs

An industry first, Senscient’s new ELDS Series Open Path Gas Detectors (OPGDs) feature truly false-alarm free flammable and toxic gas detection. ELDS gas detectors, scheduled to begin shipping in the first quarter of 2009, solve a problem common in the oil and gas industry: unreliable readings causing false alarms that cost millions of dollars in lost revenue annually. Safety systems triggered... 

IPS Lands Barcelona Regasification Contract

Invensys Process Systems (IPS), a global technology, software and consulting firm, announced that it has won a major contract to upgrade control and automation systems at a liquefied natural gas (LNG) terminal and regasification plant near Barcelona, Spain. The site, at Barcelona Terminal, is one of three such facilities run by Enagas, Spain’s leading natural gas transportation, regasification... 

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‘Mining Safely. Mining More. Mining Right.’ Caterpillar’s Theme for MINExpo International 2008

Caterpillar Inc. opened MINExpo International 2008 today with the largest and most comprehensive state-of-the-art indoor exhibit in the history of the exposition. The event, which runs September 22-24 at the Las Vegas Convention Center, will highlight Caterpillar’s mining products, services, technology and people. With over 40,000 square feet of floor space, the Caterpillar exhibit is the largest... 

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Mechel Announces Launch of an Upgraded Medium-Section Mill at Mechel Targoviste

Mechel OAO, one of the leading Russian mining and metals companies, announces the launch of a medium-section mill at its Mechel Targoviste facility (Targoviste, Romania) following the execution of fundamental renovations. Implementation of this project was performed within the scope of an extensive program for modernization of production at Mechel Targoviste, which has been consistently carried out... 

Frost & Sullivan Names IPS 2008 Asia Pacific Safety Systems Company of the Year

Invensys Process Systems (IPS), a global technology, software and consulting firm, today announced that it has been named the winner of the 2008 Frost & Sullivan Asia Pacific Industrial Technologies Award for Asia Pacific Safety Systems Company of the Year. The annual award recognizes outstanding performances by companies in the electronics, industrial automation, process control, energy and power... 

Natco Group Inc’s contract in libya worth $24.9M

Natco Group Inc, An oil services company, said Wednesday is has received a $24.9 million contract to provide membrane technology for an oil field off the Libyan coast. As part of the deal awarded in May, the company will supply a Cynara membrane system to capture carbon dioxide for re-injection into Bouri, Libya’s largest offshore oil field. Shares fell 27 cents to $46.64 in after-hours trading... 

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Canadian Solar IPO raises $115.5 mln

China’s Canadian Solar Inc., which makes solar modules that convert sunlight into electricity, on Wednesday raised $115.5 million with an initial public offering that priced at the top of a forecast range, according to an underwriter. The 7.7 million share offering, which represents about a 28 percent stake in the company, sold for $15 per share compared with a $13 to $15 forecast. The company...