Emerson has announced it has acquired Advanced Engineering Valves (A.E. Valves), a manufacturer of innovative valve technology that helps LNG customers operate more efficiently. The transaction will enable Emerson to provide its customers with the world’s broadest portfolio of valves to improve process performance and reliability. The terms of the deal were not disclosed.
The addition of A.E. Valves supports Emerson’s Main Valve Partner™ initiative to be a premier supplier of final control solutions for the LNG industry, and complements its Vanessa triple-offset valve range to create a single technology leader for process isolation in critical cryogenic and severe service applications.
Both Emerson and A.E. Valves are focused on innovating to deliver superior technology that helps customers achieve project delivery success and operational excellence in their end markets. A.E. Valves is a leader in torque-seated, friction-free, zero-leakage ball valve technology that drives performance, cost and reliability improvements over traditional ball valves. This technology complements Emerson’s portfolio of solutions that help customers achieve Top Quartile performance.
“Adding A.E. Valves makes Emerson’s value to customers along the entire global LNG value chain even more compelling as a single, accountable partner for all of their valve needs,” said Lal Karsanbhai, executive president of Emerson Automation Solutions. “Our expanded portfolio of leading valve technology will help customers unlock greater capital efficiency and asset productivity as they embark on a wave of investment to meet rising global energy demand.”
“A.E. Valves is a natural addition for Emerson and shares the same commitment to developing value-creating solutions for our customers’ most challenging process applications,” said Ram Krishnan, group president of Emerson’s Final Control business. “This acquisition represents another important investment that builds on our final control technology portfolio to help customers unlock greater profitability and productivity in their businesses.”
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/12122018/emerson-acquires-ae-valves/
You might also like
OMV has announced the signing of a long-term sale and purchase agreement with Cheniere Energy, Inc., covering the supply of up to 850 000 tpy of LNG beginning in late 2029.