Wajax Income Fund announced that its Industrial Components business unit, Kinecor, has agreed to acquire the assets of Weir Process Equipment, a division of Weir Canada Inc. for $25.4 million, subject to post-closing adjustments. The transaction is conditional on approval by the federal Competition Bureau. Closing will occur following receipt of approval which is expected [...]

The company is reported to have announced that Rich has decided to make NATCO the next step in his impressive career,” said John U Clarke, Chairman and Chief Executive Officer of NATCO. “Rich comes to NATCO with more than 30 years of business management experience. He will be responsible for all of NATCO’s operating entities [...]

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 [...]

NACTO Group Inc told the press saying that the company has just been awarded a $24.9 million contract to provide membrane separation technology and equipment to capture CO2 for re-injection in Bouri, Libya’s largest offshore oil field. An oil company operating in the Mediterranean Sea, operates the Bouri production platforms, one of which will house [...]