Process automation system

Valmet strengthens its automation offering by acquiring the Process Gas Chromatography business of Siemens AG

Retrieved on: 
Monday, July 17, 2023

ESPOO, Finland, July 17, 2023 /PRNewswire/ -- Valmet entered into an agreement on July 14, 2023, to acquire the Process Gas Chromatography business of Siemens AG.

Key Points: 
  • ESPOO, Finland, July 17, 2023 /PRNewswire/ -- Valmet entered into an agreement on July 14, 2023, to acquire the Process Gas Chromatography business of Siemens AG.
  • The Process Gas Chromatography business of Siemens AG is a market leader with its Maxum II Gas Chromatograph platform, Systems Integration, and Customer Services offering.
  • 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.
  • "Siemens' Process Gas Chromatograph Maxum II products, systems and services offering complements well Valmet's existing automation offering, industry reach and expertise.

G Mining Ventures Provides Update on Site Activities at Tocantinzinho Gold Project

Retrieved on: 
Tuesday, June 13, 2023

BROSSARD, QC, June 13, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) is pleased to provide an update on progress made at GMIN's 100% owned Tocantinzinho Gold Project ("TZ" or the "Project") currently under construction in the State of Pará, Brazil.

Key Points: 
  • BROSSARD, QC, June 13, 2023 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV: GMIN) (OTCQX: GMINF) is pleased to provide an update on progress made at GMIN's 100% owned Tocantinzinho Gold Project ("TZ" or the "Project") currently under construction in the State of Pará, Brazil.
  • Total Project is currently 30% complete and trending on time and on budget for commercial production in H2-24.
  • Commitments to date total $302 million (66% of project total), including project-to-date expenditures of $198 million (43% of project total).
  • Cumulatively, 33,334 tonnes of material on 3,833 truckloads have been delivered to site since the start of the Project.

M.C. Dean acquires International Energy Conservation Systems

Retrieved on: 
Wednesday, April 26, 2023

Dean announced that it has acquired International Energy Conservation Systems, Inc. (IEC Systems).

Key Points: 
  • Dean announced that it has acquired International Energy Conservation Systems, Inc. (IEC Systems).
  • "IEC is a respected leader in building automation and energy management systems, including expertise in HVAC and lighting controls," said Bill Dean, M.C.
  • IEC Systems is a leading provider of turn-key proprietary and non-proprietary building automation systems and a Distech Controls authorized system integrator.
  • Dean vice president of Automation Systems.

Valmet has completed the acquisition of NovaTech Automation's Process Solutions business

Retrieved on: 
Tuesday, January 3, 2023

ESPOO, Finland, Jan. 3, 2023 /PRNewswire/ -- The acquired business specializes in process control and optimization solutions for batch, continuous and hybrid processes.

Key Points: 
  • ESPOO, Finland, Jan. 3, 2023 /PRNewswire/ -- The acquired business specializes in process control and optimization solutions for batch, continuous and hybrid processes.
  • The NovaTech Automation Process Solutions business will be integrated to Valmet's Automation Systems business line.
  • "The acquisition was completed as planned and we are very happy to welcome the new colleagues as well as the former NovaTech process solutions' customers to Valmet.
  • This acquisition is a great opportunity for the process organization, its employees and customers," says Conrad Oakey, CEO, NovaTech Automation.

Global Building Automation System Market Size & Share Value Estimated to Touch USD 204.2 Billion by 2030, With 11.3% CAGR Growth: Polaris Market Research

Retrieved on: 
Friday, December 2, 2022

According to the research report, the global building automation system market size & share was valued at USD 78.8 billion in 2021 and is expected to gain USD 204.2 Billion by 2030, growing at a CAGR of 11.3% during the forecast period.

Key Points: 
  • According to the research report, the global building automation system market size & share was valued at USD 78.8 billion in 2021 and is expected to gain USD 204.2 Billion by 2030, growing at a CAGR of 11.3% during the forecast period.
  • What is Expected Size & Share of Building Automation System Market?
  • A building automation system is a set of systems designed to control and automate various electric, electronic, and mechanical systems building systems.
  • In addition, changing consumers' preference toward HVAC control systems is anticipated to create lucrative opportunities in the building automation system market.

Valmet strengthens its automation offering by acquiring NovaTech Automation's Process Solutions business

Retrieved on: 
Wednesday, November 9, 2022

ESPOO, Finland, Nov. 9, 2022 /PRNewswire/ -- Valmet entered into an agreement on November 9th to acquire the U.S. based NovaTech Automation's Process Solutions business. The value of the acquisition will not be disclosed. The acquisition is estimated to be completed on January 1st, 2023 at the earliest. 

Key Points: 
  • NovaTech Automation's Process Solutions business specializes in process control and optimization solutions for batch, continuous and hybrid processes.
  • The NovaTech Automation Process Solutions business will transition to Valmet, including employees, technologies and customer agreements.
  • "NovaTech Automation's process solutions offering complements Valmet's existing automation offering and industry reach.
  • We look forward to welcoming the new colleagues from NovaTech Automation to Valmet," says Toni Saarnio, Vice President, Strategy and Business Development at Valmet's Automation Systems business line.

Change in Valmet's Executive Team

Retrieved on: 
Monday, October 31, 2022

has been appointed Business Line President, Automation Systems at Valmet as of December 1, 2022.

Key Points: 
  • has been appointed Business Line President, Automation Systems at Valmet as of December 1, 2022.
  • She will be a member of Valmet's Executive Team and report to President and CEO Pasi Laine.
  • With her deep understanding of the automation business and proven management capabilities, she has a very good foundation to take our Automation Systems business line forward, and I am pleased to welcome her to our Executive Team," says Pasi Laine, President and CEO of Valmet.
  • Emilia Torttila-Miettinen succeeds Sami Riekkola, who was appointed Business Line President, Pulp and Energy at Valmet in October.

Emerson Expands Plantweb Digital Ecosystem with AspenTech Asset Optimization Software

Retrieved on: 
Monday, October 24, 2022

Leveraging decades of digital innovation and leadership across all automation categories, global technology and software company Emerson (NYSE: EMR) today announced the evolution of the Plantweb digital ecosystem to incorporate the AspenTech (NASDAQ: AZPN) portfolio of asset optimization software powered by industrial artificial intelligence, creating the most comprehensive digital transformation portfolio in the industry.

Key Points: 
  • Leveraging decades of digital innovation and leadership across all automation categories, global technology and software company Emerson (NYSE: EMR) today announced the evolution of the Plantweb digital ecosystem to incorporate the AspenTech (NASDAQ: AZPN) portfolio of asset optimization software powered by industrial artificial intelligence, creating the most comprehensive digital transformation portfolio in the industry.
  • Emersons Plantweb digital ecosystem, optimized by AspenTech, enables industrial manufacturers across all industries to See, Decide, Act and Optimize their operations.
  • Our Plantweb digital ecosystem, combined with the asset optimization leadership of AspenTech, gives organizations the ability to see, decide, act and optimize every aspect of their operations to drive exceptional returns on automation investment in productivity, safety and sustainability.
  • The new Plantweb digital ecosystem, now optimized with AspenTech industrial AI software, empowers companies with an unprecedented flexibility to generate, manage and use the rapidly growing body of data each plant operation generates.

Changes in Valmet's Executive Team

Retrieved on: 
Thursday, September 8, 2022

Sami Riekkola currently holds the position of Business Line President, Automation Systems, at Valmet.

Key Points: 
  • Sami Riekkola currently holds the position of Business Line President, Automation Systems, at Valmet.
  • In his new position, he will continue as a member of Valmet's Executive Team reporting to President and CEO Pasi Laine.
  • He has been the President of Automation Systems business line and a member of Valmet's Executive Team since 2018.
  • I thank Bertel Karlstedt for his long-term and committed work in leading the business line and as a member of our Executive Team.

DIGITAL UTILITIES VENTURES ANNOUNCES THE INTRODUCTION OF THE EASYFEN MODULAR MICROBE FERTILIZER PRODUCTION SYSTEM

Retrieved on: 
Monday, August 29, 2022

Boston, Massachusetts, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Digital Utilities Ventures, Inc. (OTC: DUTV), announces the Easy FEN Modular Microbe Fertilizer System, utilizing the revolutionary proprietary soil microbe formula (Terreplenish) is now available for distribution in both the United States and internationally.

Key Points: 
  • Boston, Massachusetts, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Digital Utilities Ventures, Inc. (OTC: DUTV), announces the Easy FEN Modular Microbe Fertilizer System, utilizing the revolutionary proprietary soil microbe formula (Terreplenish) is now available for distribution in both the United States and internationally.
  • The fully automatic system will convert green local waste from each local community into the very valuable Terreplenish liquid fertilizer soil microbe that is then available for local farmers and growers.
  • Thus, each EasyFEN system can generate 1/3 of the fertilizer needs for 500,000 acres of corn.
  • The EasyFEN system has been shown to increase water retention by over 125% - thereby significantly reducing the amount of irrigation needed.