NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

GE Acquires Australian Start-Up Daintree Networks

Today Current, powered by GE (NYSE: GE), announced the acquisition of Australian technology start-up, Daintree Networks, an enterprise Industrial Internet provider of building controls solutions for commercial facilities. This acquisition will enable Current to expand its building automation platform and its energy-as-a-service offering to small- and medium-size facilities across the…

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Chevron Corp has signed an agreement to sell its Hawaii refinery to private equity firm One Rock Capital Partners, ending a more-than six year quest to sell an asset not considered core to its business. Terms of the deal were not disclosed, but industry estimates ahead of the sale pegged…

Thursday, Apr 21, 2016
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Swiss power-grid and automated-equipment maker ABB Ltd. said its first-quarter net profit fell less than expected, despite declining energy prices and slower economic growth in China. Profit was bolstered by a $200 million bump in cash flow from operations, Zurich-based ABB said. Shares of ABB rose more than 3% in…

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SNC-Lavalin has won an engineering, procurement and construction (EPC) contract from Saudi Aramco for the expansion of the asphalt production facilities at its Ras Tanura Refinery in Saudi Arabia. Upon completion of the expansion, asphalt production capacity at the facility will increase from 22,000 barrels per day (bpd) to 42,000…

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Senix Corporation, manufacturer of ToughSonic® ultrasonic level and distance sensors, has introduced two new liquid level sensors.  The ToughSonic REMOTE 30 and ToughSonic REMOTE 50 are designed for larger remote tank applications or for mounting on bridges or piers in water level monitoring applications. The ToughSonic REMOTE 30 has a…

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Spartan Motors, Inc., a leader in the manufacturing of high-quality specialty chassis and vehicle assembly, is investing $5.5 million to build a new 85,000-square-foot truck assembly plant that will manufacture Isuzu's new F-Series trucks in Charlotte, Michigan. According the the firm, the new plant will be part of Spartan's Charlotte…

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Iran plans to set up a petrochemical hub in Austria in order to better access its target markets in Eastern Europe, said a senior Iranian petrochemical official in a report. Iran’s Petrochemical Commercial Company recently signed a memorandum of understanding (MoU) with an Austrian company to set up a petrochemical…

Siemens to Supply Direct-Drive Wind Turbines for Onshore Wind Farm in Japan

Siemens has secured its third wind power order from Japan's largest wind power developer, Eurus Energy Holdings Corporation headquartered in Tokyo. For the 41.6 megawatt Eurus Higashi Yurihara wind power plant, developed in Yurihonjo city – located in the north of the mainland Honshu – Siemens will provide 13 direct…

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GE has signed a contract worth $250 million with the Egyptian Electricity Transmission Company (EETC) to connect 7 GW of power to reinforce Egypt’s national grid. GE will provide advanced grid solutions technologies to four gas-insulated substations located in Mostathmereen, Beni Suef Industrial, Ismailia East and Temay Alemdeed. French components…

Siemens May Build Gas-Fired Power Plant in Germany

Siemens cleared a regulatory hurdle on Monday in a bid to build a gas-fired power station in southern Germany, a rare event in a country where a drive for renewable energy has made many traditional sources of power unprofitable. It would be the first gas plant order in Germany in…