Industrial Tech Mag 3 - October 2018

INDUSTRIAL TECHNOLOGY INDUSTRIAL TECHNOLOGY - International four-monthly magazine - Free copy in postal distribution - Via Porpora, 20131 150 Milano (MI) Italy - www.industrialtechmag.com - R.O.C. number 26303

Machines. Technology. Automation.

INDUSTRIAL T ECHNOLOGY

Number 3 - October 2018

CUNEO ITALY www.axiotek.eu

www.baggiluxtecnica.com

www.ramcro.com

www.camec.net

www.cogeim.it

www.consorzioindustrialelucano.com

www.hitema.com

www.paparelli.it

www.idrocalor.com

www.northon-trasmissioni.it

www.damec.eu

www.blutek.eu

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special

12-15 NOVEMBER 2018

Abu Dhabi - United Arab Emirates - A.D.N.E.C.

HALL 1

1450

WE TURN YOUR CHALLENGES INTO SOLUTIONS

OUR BUSINESS LINES • ROTATING EQUIPMENT ENGINEERED SOLUTIONS AND SERVICES • PROCESS PLANTS ENGINEERED SOLUTIONS AND SERVICES • FIELD SERVICE ACTIVITIES • TRAINING AND COMPETENCE ENHANCEMENT • INDUSTRIAL INTERNET SOLUTIONS • CUSTOMER SUPPORT

WE ARE A GLOBAL EPCC SOLUTION PROVIDER With over 30 years of history, SSE has been successfully operating as a trustworthy EPCC (Engineering, Procurement, Construction, Commissioning) solution provider, evolving from the design of turbomachinery control systems to the development of cutting-edge solutions for the oil and gas, SHWURFKHPLFDO UHƬQHU\ DQG SRZHU JHQHUDWLRQ LQGXVWULHV FRPSOHWLQJ WKRXVDQGV RI HQJLQHHULQJ DQG HV FRPSOHWLQJ WKRXVDQGV RI HQJLQHHULQJ DQG installation projects worldwide.

7

33

MARKETS IN WHICH WE OPERATE

YEARS OF HISTORY

1750 110 COMPLETE PROJECTS WORLDWIDE

FIELD SERVICE E ENGINEERS RS S

SSE SPA Via Fleming, 16 – 59100 PRATO (PO) – Italy Phone: +39 0574 52941 | Fax: +39 0574 529451 Email: info@sse.cc | Web: sse.cc

INDUSTRIAL TECHNOLOGY

Are you interested in the Irani an market?

WE’LL BE THERE EVERY YEAR Don't miss our Irania n special issue B OOK YOUR AD NOW !

Contact us: marketing@industr i altechma g.com

OFFIC IAL PART NE R OF IR ANIAN OIL SHOW

ONE GROUP MANY SOLUTIONS

R-PP

R-ABS

R-POM

R-PA

R-PC

R-PS

R-PC/ABS

Itiplen PP

Itilen HDPE / LDPE

Meplen PP

Mepron PS

Mexan PC

Mefor POM

Meytel PA

Meplac ABS

Meblend PC/ABS

Mepla BIO

Safety Workwear:

Workwear created with high quality materials for greater comfort, a higher resistance and a modern design

High Visibility Clothing:

Manufactured with high quality materials for better night visibility

Safety Footwear:

More than 100 models of work shoes, trying to satisfy market demand and protecting against any risks.

Face Protection:

Safety Gloves:

All types of full face THZRZ Ă„S[LYZ HUK protective masks for the respiratory tract, different types of work and different risks

A wide range of work gloves.

Protection against mechanical risks, protection against cuts at different levels; welding and heavy work gloves.

Advanced technologies for greater security

visit our website: www.sebagroup.eu Seba Protezione s.r.l Via Italia 1/2 44045 Renazzo-(FE)-Italy Ph: +39 051 6856311 email: export@seba.it

PEOPLE, PASSION & SOLUTIONS

CRIMPING

CUTTING

FITTINGS ASSEMBLY

SKIVING

MARKING

WASHING

FILTERING

ACCESSORIES

TESTING MULTIFUNCTIONAL BENDING UNITS

PRE-ASSEMBLY

OP Srl: Via Serpente, 97 - 25131 - Brescia - Italy - phone +39 030 35 80 401 - fax +39 030 35 80 838 - info@op-srl.it - www.op-srl.it

FLARING

DEBURRING

Versalis e® excellence in oilfield products.

Versalis specialty oilfield chemicals portfolio.

Versalis e® family, includes innovative solutions for engineering, manufacturing and supply of chemicals products for the oil and gas industry at a global level. The Versalis e® portfolio is designed to find new answers for the oilfield challenges, with a proven track record for innovation, sustainable solutions and consistent product quality.

Meet us at Adipec, Abu Dhabi International Petroleum Exhibition & Conference, 12 – 15 November 2018, Hall 1, Booth 1235.

GUIN TECHNOLOGY SRL

FROM OVER 40 YEARS TO THE INDUSTRY SERVICE GUIN TECHNOLOGY was found in 1973, due to the big experience in PTFE market and to the customers distributed all around the world, it became a leading company in its sector. in our seat of Castelli Calepio. we have wide range of machineries for small and big quantities and thanks to the cleverness of our people we are DEOH WR WR SURGXFH D ODUJH UDQJH RI SURGXFWV WR VDWLVI\ GLƪUHQW VHFWRUV UHTXLUHPHQWV IRRG FKHPLFKDO SKDUPDFHXWLFDO aeronautic, electronic and generally machinal industry. the product have been produced according to the sample or/and the drawing of the custumer, by using the most suitable machininges.

GUIN TECHNOLOGY SRL Via A. Moro, 88 - 24060 Castelli Calepio (BG) Phone (+39) 035 848011 Fax. (+39) 035 848266 Email: guin@guin.it

CABLE TRAY SYSTEMS

CABLES

www.spinagroup.com

EXPLOSION PROOF

Index 90-117 Automation VDA GROUP DAMEC CSICO EFFEBI GIMAX 3D OP

10-83 News Tec.Al.Co. BER-PA DHL ORLANDO CEAR EURODRAW TURBODEN CAMEC SEBA PROTEZIONE PAPARELLI ALESSANDRO E FIGLIO BAGGI-LUX FMB FRIDLE GROUP TOSI F.LLI SCHULER PRESSEN GMBH IMT INTERMATO FEMM CONSORZIO INDUSTRIALE LUCANO ENI ADDITIVES SMART PROTECTIONS SEALCORE ISS INTERNATIONAL BONFANTI SIDERPIGHI HYTEK MEPOL TECO HEILA CRANES SPINA GROUP RODITOR & PHILADELPHIA NORTHON TRASMISSIONI ENI VERSALIS SPA CARRARA

84-89 Valves COGEIM EUROPE BFT BURZONI

118-127 Instrumentation AXIOTEK FILTEC

128-145 Process IDROCALOR PROXIMA BLUTEK ULTRA POMPE CST

146-149 Electrical RAMCRO

150-155 Energia ECOPROGETTI HITEMA

156-163 Fair And Exhibition ADIPEC ALC ARAB PLAST MEOS MCT OMC IVS

INDUSTRIAL TECHNOLOGY

ARTICLES 28-29 India’s Market For Nitrogen

64-67 The future of hydrocarbons

100-113 Modbus and wiring systems

122-125 Preventing pipeline corrosionn through cathodic protection

136-139 The oil and gas market in Latin America

International four-monthly m magazine Editor in Chief Stefano Petrelli Executive Editor Golkoo Houshmand Scientific Supervisor Mor Nguirane Editorial Board Mor Nguirane g Benjamin Pollentes Luca Coppari Graphic p Design g Ashkan M.Kalantari Head Office Via Porpora, p 150 20131 Milano (MI) www.industrialtechmag.com Italian Printer LB Comunicazione di Luca Ballesi Iranian Printer Pishro Chap (+98 912 3190050)

B.go g Peranzoni, 141 62100 Macerata (MC) Tel. 340 4826072 Fax 0733 493070 info@l fo@lbcomunicazione.it Distribution tion Free copy in postal distribu tribution R.O.C. number 26303

NE WS NEWS

NEWS

TEC.AL.CO.

(YHQ PRUH ƮH[LELOLW\ IRU 7HF $O &R $OXPLQXP &RQGXFWRUV

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ĐŽŶƟŶƵŽƵƐůLJ ƉƌŽŵŽƚĞƐ ZΘ ĂĐƟǀŝƟĞƐ͘ dŚĂŶŬƐ ƚŽ ƚŚĞ ŶĞǁ WƌŽũĞĐƚ͕ ŝŶ ƉĂƌƚŶĞƌƐŚŝƉ ǁŝƚŚ ĂĐĐƌĞĚŝƚĞĚ ĞŶƚĞƌƐ ŽĨ ZĞƐĞĂƌĐŚ ĂŶĚ hŶŝǀĞƌƐŝƟĞƐ͕ ƚŚĞ ŽŵƉĂŶLJ ǁŝůů ďĞ ĂďůĞ ƚŽ ŐŝǀĞ Ă ƐŝŐŶŝĮĐĂŶƚ ĐŽŶƚƌŝďƵƟŽŶ ƚŽ ƚŚĞ performance improvement ŽĨ Class 5 Aluminium Conductors ŝŶ ƚĞƌŵƐ ŽĨ space saving, cleanness increase ĂŶĚ ƌĞĚƵĐƟŽŶ ŽĨ ƚŚĞ ĐŽŶƚĂĐƚ ƌĞƐŝƐƚĂŶĐĞ ŽŶ ƚŚĞ ĐŽŶĚƵĐƚŽƌͲĐŽŶŶĞĐƚŽƌ ƐƵƌĨĂĐĞ͘ /ŶĨŽ͗ ǁǁǁ͘ƚĞĐĂůĐŽ͘ĐŽŵ ͮ ŝŶĨŽΛƚĞĐĂůĐŽ͘ĐŽŵ

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

11

NEWS

BER-PA

O-Rings in FPM/FKM/Viton® excellence since 1984

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ĂĚǀĂŶĐĞĚ ƐĞĂůŝŶŐ ƐŽůƵƟŽŶƐ ƚĞĐŚŶŽůŽŐLJ͘ ,ŝŐŚ ƋƵĂůŝƚLJ ƉƌŽĚƵĐƚƐ ĚĞǀĞůŽƉĞĚ ǁŝƚŚ ƵŶŝƋƵĞ ĞdžƉĞƌƟƐĞ ŝŶ ƚŚĞ ŝŶĚƵƐƚƌLJ ĂŶĚ Ă ĐŽŶƐƚĂŶƚ Z Θ ĐĂƉĂďŝůŝƚLJ ƚŽ ĞŶƐƵƌĞ ƚŚĞ ďĞƐƚ ƉĞƌĨŽƌŵĂŶĐĞ͕ ŝŶĚĞĞĚ͕ ĨƌŽŵ ƚŚĞ ĐŽŶĐĞƉƚ ŽĨ ͞,ŝŐŚ WĞƌĨŽƌŵĂŶĐĞ ^ĞĂůŝŶŐ͟ ǁĞ ŚĂǀĞ ĚĞǀĞůŽƉĞĚ ŽƵƌ ŽǁŶ ͞,W^ĞĂůŝŶŐΠ͟ Ă ƉƌŽƉƌŝĞƚĂƌLJ ZͲW ƚƌĂĚĞŵĂƌŬ ƌĞŐŝƐƚĞƌĞĚ ĂŶĚ ĮůĞĚ ƐŝŶĐĞ ϮϬϬϳ͘ dŽƚĂů ƋƵĂůŝƚLJ ŝŶ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ KͲZŝŶŐƐ ŝŶ &WDͬ&<Dͬ Viton® ZĂǁ ŵĂƚĞƌŝĂůƐ ĂŶĚ ƋƵĂůŝƚLJ ĐŽŵƉŽŶĞŶƚƐ͘ WƌŽĚƵĐƟŽŶ ƉƌŽĐĞƐƐĞƐ ĂŶĚ ƋƵĂůŝƚLJ ĐŽŶƚƌŽůƐ͘ tŽƌŬƉůĂĐĞƐ ŽĨ ƋƵĂůŝƚLJ͘ Ŷ ĞŶǀŝƌŽŶŵĞŶƚĂů ƋƵĂůŝƚLJ ƉŽůŝĐLJ͘ ^ƚĂŶĚĂƌĚ /^K ϵϬϬϭ͕ / d& ϭϲϵϰϵ ĂŶĚ /^K ϭϰϬϬϭ ĐĞƌƟĮĐĂƟŽŶƐ͘

DHL industrial projects, specialized logistics safely and skillfully executed

,> /ŶĚƵƐƚƌŝĂů WƌŽũĞĐƚƐ ŝƐ ƉĂƌƚ ŽĨ ĞƵƚƐĐŚĞ WŽƐƚ ,> 'ƌŽƵƉ͕ ƚŚĞ ǁŽƌůĚ͚Ɛ ůĂƌŐĞƐƚ ƚƌĂŶƐƉŽƌƚĂƟŽŶ ĂŶĚ ůŽŐŝƐƟĐƐ ĐŽŵƉĂŶLJ͕ ǁŝƚŚ ŽƉĞƌĂƟŽŶƐ ŝŶ ŵŽƌĞ ƚŚĂŶ ϮϮϬ ĐŽƵŶƚƌŝĞƐ ĂŶĚ ƚĞƌƌŝƚŽƌŝĞƐ͘ dŚŝƐ ŵĞĂŶƐ ƚŚĂƚ ǁĞ ŚĂǀĞ Ă ŐůŽďĂů ƉƌĞƐĞŶĐĞ ƚŚĂƚ ĞŶƐƵƌĞƐ ƚŚĞ ƚƌĂŶƐƉŽƌƚ ŽĨ Ăůů ŬŝŶĚƐ ŽĨ ƐŚŝƉŵĞŶƚƐ Ăůů ŽǀĞƌ ƚŚĞ ǁŽƌůĚ͘ ,> /ŶĚƵƐƚƌŝĂů WƌŽũĞĐƚƐ ŚĂƐ ĚĞĐĂĚĞƐ ŽĨ WƌŽũĞĐƚ &ŽƌǁĂƌĚŝŶŐ ĞdžƉĞƌŝĞŶĐĞ͘ dŚĂŶŬƐ ƚŽ ŝƚƐ ĞdžƉĞƌƟƐĞ ŝŶ ŚĂŶĚůŝŶŐ Kŝů Θ 'ĂƐ ĂŶĚ ŶĞƌŐLJ ŽǀĞƌƐŝnjĞĚ ĐĂƌŐŽ ĂŶĚ ŚĞĂǀLJ ůŝŌ͕ /ŶĚƵƐƚƌŝĂů WƌŽũĞĐƚ ƉůĂLJƐ Ă ǀĞƌLJ ĐƌƵĐŝĂů ƌŽůĞ ŝŶ ƚŚĞ 'ƌŽƵƉ͘ tĞ ĐĂŶ ŚĂŶĚůĞ ĂŶLJ ƉƌŽũĞĐƚ͕ ŽĨ ĂŶLJ ƐŝnjĞ ĂŶĚ Ăƚ ĂŶLJ ƉůĂĐĞ͘ tŝƚŚ ŵŽƌĞ ƚŚĂŶ ϲϬϬ /ŶĚƵƐƚƌŝĂů WƌŽũĞĐƚ ĞdžƉĞƌƚƐ͕ ϲϬ /ŶĚƵƐƚƌŝĂů WƌŽũĞĐƚ ŽĸĐĞƐ ŝŶ ŽǀĞƌ ϰϱ ĐŽƵŶƚƌŝĞƐ ǁĞ ĂƌĞ ĂďůĞ ƚŽ ŽīĞƌ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ WƌŽĚƵĐƚƐ Θ ^ŽůƵƟŽŶƐ͕ ƌĂŶŐŝŶŐ ĨƌŽŵ ƉŝĐŬƵƉ ƚŚƌŽƵŐŚ ĐŽŶƐŽůŝĚĂƟŽŶ ĂŶĚ ĚĞůŝǀĞƌLJ ƚŽ ĨĂďƌŝĐĂƟŽŶ ĨĂĐŝůŝƟĞƐ ĂŶĚ ĮŶĂů ƉƌŽũĞĐƚ ũŽďƐŝƚĞƐ͘ /ƚ ĂůƐŽ ŝŶĐůƵĚĞƐ ĐŽŶƐƵůƟŶŐ ĂĐƟǀŝƚLJ ĂďŽƵƚ ĨĞĂƐŝďŝůŝƚLJ ƐƚƵĚŝĞƐ͕ ƌŽƵƚĞ ƐƵƌǀĞLJƐ͕ ůŽĂĚ ƐƵƉĞƌǀŝƐŝŽŶ ĂŶĚ ĞŶĚͲƚŽͲĞŶĚ ůŽŐŝƐƟĐƐ ǀŝƐŝďŝůŝƚLJ͘ džĐĞůůĞŶĐĞ͘ ^ŝŵƉůLJ ĚĞůŝǀĞƌĞĚ͘ ŝƐ ŽƵƌ ĐƵƐƚŽŵĞƌ ƉƌŽŵŝƐĞ͘ &Žƌ ,> /ŶĚƵƐƚƌŝĂů WƌŽũĞĐƚƐ͕ ƚŚĂƚ ƉƌŽŵŝƐĞ ŝƐ ĂĐŚŝĞǀĞĚ ƚŚƌŽƵŐŚ ƚŚĞ ĞdžƚĞŶƐŝǀĞ ƐĞĐƚŽƌ ĂŶĚ ƉƌŽũĞĐƚ ĨŽƌǁĂƌĚŝŶŐ ĞdžƉĞƌƟƐĞ ŽĨ ŽƵƌ ƚĞĂŵ͕ ƚŚĞ ƐƚƌĞŶŐƚŚ ŽĨ ŽƵƌ ŐůŽďĂů ŶĞƚǁŽƌŬ͕ Ă njĞƌŽ ƚŽůĞƌĂŶĐĞ ĐŽŵƉůŝĂŶĐĞ ĞŶǀŝƌŽŶŵĞŶƚĂů͕ ĂŶĚ Ă ƐƚƌŽŶŐ ,ĞĂůƚŚ͕ ^ĂĨĞƚLJ ĂŶĚ ŶǀŝƌŽŶŵĞŶƚ ;,^ Ϳ ĐƵůƚƵƌĞ ƚŚĂƚ ƉĞƌŵĞĂƚĞƐ ƚŚƌŽƵŐŚ ĞǀĞƌLJƚŚŝŶŐ ǁĞ ĚŽ͘

NEWS

DHL

KƵƌ ŵĂŝŶ ĨŽĐƵƐ ŝƐ ŽŶ ƚŚĞ ĮǀĞ ĨŽůůŽǁŝŶŐ ƐĞĐƚŽƌƐ͗ DŝŶŝŶŐ͗ ͻ,ĞĂǀLJͲĞƋƵŝƉŵĞŶƚ ŚĂŶĚůŝŶŐ ͻDŝŶŝŶŐ ĚĞǀĞůŽƉŵĞŶƚƐ Ăƚ ƌĞŵŽƚĞ ůŽĐĂƟŽŶƐ Kŝů Θ 'ĂƐ͗ ͻKŶͲ ĂŶĚ ŽīͲƐŚŽƌĞ ůŽĐĂƟŽŶƐ͕ &W^K͛Ɛ ͻWůĂƞŽƌŵƐ͕ >E' ƉůĂŶƚƐ͕ WŝƉĞůŝŶĞƐ ͻ ƌŝůůŝŶŐ͘ ͻZĞĮŶĞƌŝĞƐ͕ hƉŐƌĂĚĞƐ Θ džƉĂŶƐŝŽŶƐ ͻDĂĐŚŝŶĞƌLJ ŝŵƉŽƌƚĂƟŽŶ ŝŶĐů͘ ǁŝĚĞ ĂŶĚ ŚĞĂǀLJ ůŽĂĚƐ WŽǁĞƌ Θ ZĞŶĞǁĂďůĞƐ͗ ͻ ŶŐŝŶĞƐ͕ ƚƵƌďŝŶĞƐ ĂŶĚ ƚƌĂŶƐĨŽƌŵĞƌƐ ͻWŽǁĞƌ ƐƚĂƟŽŶƐ ŶŐŝŶĞĞƌŝŶŐ͕ WƌŽĐƵƌĞŵĞŶƚ ĂŶĚ ŽŶƐƚƌƵĐƟŽŶ ; W Ϳ͗ ͻ&ĂĐƚŽƌLJ ZĞůŽĐĂƟŽŶƐ ͻWĂƉĞƌ͕ ^ƚĞĞů͕ ĞŵĞŶƚ ŵŝůůƐ ͻ/ŶĨƌĂƐƚƌƵĐƚƵƌĞ ƉƌŽũĞĐƚƐ ŶŐŝŶĞĞƌŝŶŐ ĂŶĚ DĂŶŝĨĂĐƚƵƌŝŶŐ͗ ͻWŽǁĞƌ WůĂŶƚƐ ŐĞŶĞƌĂƚŽƌƐ͕ ƚƵƌďŝŶĞƐ ͻ ŽŶƐƚƌƵĐƟŽŶ ĂŶĚ /ŶĚƵƐƚƌŝĂů ƋƵŝƉŵĞŶƚ dŽ ĮŶĚ ŽƵƚ ŚŽǁ ǁĞ ĐĂŶ ƐƵƉƉŽƌƚ LJŽƵ͕ ƉůĞĂƐĞ ĐŽŶƚĂĐƚ ƵƐ Ăƚ ƉƌŽũĞĐƚƐΛĚŚů͘ĐŽŵ͘

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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NEWS

ORLANDO

Orlando srl, highly specialized in pumps and accessories KZ> E K Ɛƌů ĨŽƌŵĞĚ ŝŶ ϭϵϵϰ ĂŶĚ ĞdžƉŽƌƚ ƚŽ ϭϭϴ ĐŽƵŶƚƌŝĞƐ͘ dŚĞŝƌ ƉƌŽĚƵĐƚƐ ĂƌĞ ƵƐĞĚ ŝŶ ƚŚĞ ĨŽůůŽǁŝŶŐ ƐĞĐƚŽƌƐ͗ ,LJĚƌĂƵůŝĐƐ͕ ŐƌŝĐƵůƚƵƌĞ͕ dŚĞƌŵŽͲ ƐĂŶŝƚĂƌLJ͕ ŝƌ͕ WƵƌŝĮĐĂƟŽŶ ƉůĂŶƚƐ͕ &ŽŽĚ /ŶĚƵƐƚƌLJ͘ /Ŷ ƉĂƌƟĐƵůĂƌ͕ ǁĞ ĂƌĞ ŚŝŐŚůLJ ƐƉĞĐŝĂůŝnjĞĚ ŝŶ͗ ƉƵŵƉƐ ;ƐƵƌĨĂĐĞ͕ ƐƵďŵĞƌƐĞĚ͕ ǀĂĐƵƵŵ ĂŶĚ ƐƉĞĐŝĂů /^/ ϯϬϰ ĂŶĚ /^/ ϯϭϲ ƉƵŵƉƐͿ &ƌĂŶŬůŝŶ ĂŶĚ KƌůĂŶĚŽ ĞůĞĐƚƌŝĐ ŵŽƚŽƌƐ͕ ĂĐĐĞƐƐŽƌŝĞƐ ĨŽƌ ƉƵŵƉƐ ;ƐƵĐŚ ĂƐ ŽƌŝŐŝŶĂů ^ƋƵĂƌĞ ĂŶĚ dĞůĞŵĞĐĂŶŝƋƵĞ WƌĞƐƐƵƌĞ ƐǁŝƚĐŚĞƐ͕ ƉƌĞƐƐƵƌĞ ŐĂƵŐĞƐ͕ ƚĂŶŬƐ͕ ĐŽŶƚƌŽů ďŽdžĞƐ͕ ŇŽĂƚ ƐǁŝƚĐŚĞƐ͕ ŇĞdžŝďůĞ ŚŽƐĞƐ ĂŶĚ ĐĂƉĂĐŝƚŽƌƐͿ ůŽǁĞƌƐ͕ WƵŵƉŝŶŐ ƵŶŝƚ͕ ǁĂƚĞƌ ĮůƚĞƌƐ͕ WƌĞƐƐƵƌĞ ƌĞŐƵůĂƚŽƌƐ ;WƌĞƐƐĐŽŶƚƌŽů͕ ŽŶƚƌŽůƉƵŵƉ͕ DĂƐĐŽŶƚƌŽů͕ ŽŶƚƌŽůƉƌĞƐͿ sĂůǀĞƐ͘ KƌůĂŶĚŽ ƉƌŽŵŽƚĞ ƚŚĞ ƐĂůĞƐ ŽĨ /ƚĂůŝĂŶ ƉƌŽĚƵĐƚƐ ŝŶ ƚŚĞ /ŶƚĞƌŶĂƟŽŶĂů ŵĂƌŬĞƚ͕ ƚŚĂŶŬƐ ƚŽ Ă ǀĞƌLJ ǁĞůůͲŽƌŐĂŶŝnjĞĚ ĐŽŵŵĞƌĐŝĂů ĚĞƉĂƌƚŵĞŶƚ͕ ŽīĞƌŝŶŐ ƚŽ ƚŚĞ ĐƵƐƚŽŵĞƌƐ Ă ŵƵůƟͲůĂŶŐƵĂŐĞ ĂƐƐŝƐƚĂŶĐĞ͘ KƌůĂŶĚŽ ŽƉĞƌĂƚĞƐ ǁŝƚŚ ƐŽŵĞ ŽĨ ƚŚĞ ŵŽƐƚ ŝŵƉŽƌƚĂŶƚ ĚŝƐƚƌŝďƵƚŽƌƐ͕ ĂďůĞ ƚŽ ĚĞǀĞůŽƉ͕ ƉƌŽĨĞƐƐŝŽŶĂůLJ͕ ƚŚĞ ƐĂůĞƐ ŽĨ ŝŶŶŽǀĂƟǀĞ ƉƌŽĚƵĐƚƐ ŝŶ ƚŚĞ ŵĂƌŬĞƚ͘ KƌůĂŶĚŽ ŝƐ ĐĞƌƟĮĞĚ /^K ϵϬϬϭ͗ϮϬϬϬ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ORLANDO srl

Highly specialized in pumps and accessories

4” and 6” SP S/ Steel Submersible pumps 4” ST S/Steel Submersible pumps noryl impeller 4” and 6” Submersible motors MADE IN ITALY (7x7) 3,4,5,6 and 8 mm AISI 316 S/Steel cable AISI 316 S/Steel wire rope clips 5” Submersible electric Pump Made in Italy

Square “D” - Telemecanique

Tanks

Pressure gauges Connections

Flow switches

Anti-vibration Flexible hoses Pressure regulators

Filters & Cartridges Float switches

ORLANDO srl Chiavari (Ge) - Italy Tel.: (ITALY) + 0185 + 38.50.10 Fax: ( ITALY) + 0185 + 38.50.11

e-mail: orlando@orlando.it http://www.orlando.it

NEWS

CEAR SRL

From an international vocation in electrical and automation system towards Middle East market

ŽƐƚƌƵnjŝŽŶŝ ůĞƩƌŽƚĞĐŶŝĐŚĞ ĞĂƌ ^ƌů ŚĂƐ ďĞĞŶ ŽƉĞƌĂƟŶŐ ŝŶ ƚŚĞ ĞůĞĐƚƌŽͲƚĞĐŚŶŝĐĂů ĂŶĚ ĞůĞĐƚƌŽͲŝŶƐƚƌƵŵĞŶƚĂů ƐĞĐƚŽƌ ĨŽƌ ŽǀĞƌ ƚŚŝƌƚLJ LJĞĂƌƐ͕ ŽīĞƌŝŶŐ “Integrated systems from bit to kiloVolt”. Ŷ ŝŶƚĞƌŶĂƟŽŶĂů ǀŽĐĂƟŽŶ͕ ǁŚŝůĞ ŵĂŝŶƚĂŝŶŝŶŐ ŚŝŐŚ ƋƵĂůŝƚLJ ƐƚĂŶĚĂƌĚƐ ĂŶĚ ƐĂĨĞƚLJ͕ ǁŝƚŚ ƚŚĞ ŝŶƚĞƌŶĂƟŽŶĂů /^K ϵϬϬϭ ƐƚĂŶĚĂƌĚ͕ ĞŶƐƵƌŝŶŐ ƚŽƉ ƋƵĂůŝƚLJ ƉƌŽĚƵĐƟŽŶ ƉƌŽĐĞƐƐĞƐ ĂŶĚ ĂŶ ĞdžƚĞŶƐŝǀĞ ĞdžƉĞƌŝĞŶĐĞ ŽĨ ĞĂƌ͛Ɛ ƚĞĂŵ ƚŚƌŽƵŐŚ ƚŚĞ partnerships ĂŶĚ ĐŽůůĂďŽƌĂƟŽŶ ǁŝƚŚ ŶĂƟŽŶĂů ĂŶĚ ŝŶƚĞƌŶĂƟŽŶĂů ĞŶŐŝŶĞĞƌŝŶŐ ĐŽŵƉĂŶŝĞƐ ĂŶĚ W ĐŽŶƚƌĂĐƚŽƌƐ͘ dŚĞ ĐŽŵƉĂŶLJ͛Ɛ ƚĞĐŚŶŝĐĂů ƐŽůƵƟŽŶƐ ŚĂǀĞ ĞǀŽůǀĞĚ ŝŶ ƐƚĞƉ ǁŝƚŚ ƚŚĞ ŶĞĞĚƐ ŽĨ ŝƚƐ ĐƵƐƚŽŵĞƌƐ͕ ƚŽ ŽīĞƌ Ă ĐŽŵƉůĞƚĞ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ĂŶĚ ƐĞƌǀŝĐĞƐ͗ ĨƌŽŵ ĨĞĂƐŝďŝůŝƚLJ ƐƚƵĚŝĞƐ ƚŽ ƚŚĞ ĚĞƐŝŐŶ ĂŶĚ ĐŽŶƐƚƌƵĐƟŽŶ ŽĨ ƚƌĂŶƐĨŽƌŵĞƌ ĂŶĚ ĞůĞĐƚƌŝĐĂů ĚŝƐƚƌŝďƵƟŽŶ ƐƵďƐƚĂƟŽŶƐ͕ >ŽĐĂů ƋƵŝƉŵĞŶƚ ZŽŽŵ͕ ĐŽŵƉůĞƚĞ ŝŶĚƵƐƚƌŝĂů ĂƵƚŽŵĂƟŽŶ ƐLJƐƚĞŵƐ͕ >Žǁ ĂŶĚ DĞĚŝƵŵ sŽůƚĂŐĞ ƐǁŝƚĐŚŐĞĂƌƐ͕ ĂŶĚ ƌĞĐĞŶƚůLJ Hazardous ƌĞĂ ůĞĐƚƌŝĐĂů ƋƵŝƉŵĞŶƚƐ ĂƐ Ă ƌĞƐƵůƚ ŽĨ ZΘ ŝŶ ƚĞdž ĂƉƉůŝĐĂƟŽŶ ǁŝƚŚ ƌĞŵĂƌŬĂďůĞ ĐƵƐƚŽŵŝnjĂďůĞ ĞƋƵŝƉŵĞŶƚƐ ĨŽƌ njŽŶĞ ϭ ĂŶĚ njŽŶĞ Ϯ͘

16

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

dŽĚĂLJ͕ ĞĂƌ ƐƚĂŶĚƐ ŽƵƚ ŽŶ ƚŚĞ ŵĂƌŬĞƚ ĨŽƌ ŝƚƐ ĂďŝůŝƚLJ ƚŽ ĚĞǀĞůŽƉ ŝŶƚĞŐƌĂƚĞĚ ĞůĞĐƚƌŝĐĂů ĚŝƐƚƌŝďƵƟŽŶ ĂŶĚ ŝŶĚƵƐƚƌŝĂů ĂƵƚŽŵĂƟŽŶ ƐLJƐƚĞŵƐ ĨŽƌ ďƌĂŶĚ ŶĞǁ ĂŶĚ ĚĞĚŝĐĂƚĞĚ ƌĞǀĂŵƉŝŶŐ ƐŽůƵƟŽŶ͗ tailor-made complete electrical and electro-instrumental “turnkey” supplies ĨƌŽŵ ƉƌŽĚƵĐƚ ĚĞƐŝŐŶĞĚ͕ ŝŶƐƚĂůůĂƟŽŶ ĂŶĚ ƚĞƐƟŶŐ ĂƐ Ă ƌĞƐƵůƚ ŽĨ Ă ŽŶĞͲƐƚŽƉ ƉĂƌƚŶĞƌ ƚŚĂƚ ĚĞůŝǀĞƌƐ ͞ŽŶ ĮĞůĚ͟ LJŽƵƌ ƉƌŽũĞĐƚ͘ ĞĂƌ ŚĂƐ ŵĂĚĞ ŽƵƚ ŝƚƐ ĚĞďƵƚ ŝŶ ƚŚĞ ŵĂƌŬĞƚ ĚŽŝŶŐ ŝƚƐ ĮƌƐƚ ũŽď ĨŽƌ Ă hƌĞĂ ƉůĂŶƚ ŝŶ ^ĂƵĚŝ ƌĂďŝĂ ĂŶĚ ĚƵƌŝŶŐ ƚŚĞ LJĞĂƌƐ ŝƚ ŚĂƐ ĂůǁĂLJƐ ďĞĞŶ ƉƌĞƐĞŶƚ ŝŶ ƚŚĞ DŝĚĚůĞ ĂƐƚ ŵĂƌŬĞƚ ǁŝƚŚ ƉƌŽũĞĐƚ ƌĞĨĞƌĞŶĐĞƐ ĐŽůůĞĐƚĞĚ ŝŶ /ŶĚƵƐƚƌŝĂů ĂŶĚ KŝůΘ'ĂƐ ƐĞĐƚŽƌ ǁŽƌŬŝŶŐ ĨŽƌ ƐĞǀĞƌĂů ƉƌŽũĞĐƚƐ ĨŽƌ ŝƚƐ ŝŶƚĞƌŶĂƟŽŶĂů ĐƵƐƚŽŵĞƌƐ͘ /Ŷ ƚŚĞ ƉĂƐƚ ĨĞǁ LJĞĂƌƐ ĞĂƌ͛Ɛ ŚĂƐ ƐƚĂƌƚĞĚ Ă ĐŽŵŵĞƌĐŝĂů ĐĂŵƉĂŝŐŶ ǁŝƚŚ ƚŚĞ Ăŝŵ ŽĨ ŝŶĐƌĞĂƐŝŶŐ ŝƚƐ ƉƌĞƐĞŶĐĞ ŝŶ ƚŚĞ ŵĂƌŬĞƚ ǁŝƚŚ ƚŚĞ ĂĐĐƌĞĚŝƚĂƟŽŶ ĂƐ ƋƵĂůŝĮĞĚ ǀĞŶĚŽƌ ǁŝƚŚ ůŽĐĂů ŶĚ hƐĞƌ͕ ĐƌĞĂƟŶŐ ƉĂƌƚŶĞƌƐŚŝƉ ǁŝƚŚ ůŽĐĂů ƐŬŝůůĞĚ ^ĂůĞƐ ƌĞƉƌĞƐĞŶƚĂƟǀĞ ĂďůĞ ƐƵƉƉŽƌƚ ĂŶĚ ĚĞǀĞůŽƉ ŽŶ ĞĂƌ͛Ɛ ďĞŚĂůĨ Ă ƉŽƐƚ ƐĂůĞƐ ƐĞƌǀŝĐĞ͘ dŚĞ ĐŽŵƉĂŶLJ ŝƐ ůŽŽŬŝŶŐ ĨŽƌ ĐŽŶƐŽůŝĚĂƟŶŐ ƚŚŝƐ ƉƌĞƐĞŶĐĞ ĂŶĚ ŝŶ ƚŚĞ ǀĞƌLJ ŶĞdžƚ ĨƵƚƵƌĞ͕ ƚŚĞ ƉůĂŶŶŝŶŐ ŝƐ ƚŽ ŽƉĞŶ ůŽĐĂů ŽĸĐĞƐ ƚŽ ďĞ ŵŽƌĞ ŝŶ ƚŽƵĐŚ ǁŝƚŚ ĐƵƐƚŽŵĞƌ͛Ɛ ŶĞĞĚƐ͘

EMPOWERING YOUR OIL & GAS PROJECT Complete Electrical and Instrumental Turnkey projects as per custumer requirements Design and costruction of MV/LV substations MV/LV switchgears Complete industrial Automations Systems PLC,SCADA,HMI software development Hazardous Area Electrical Equipments

Complete Electrical and Instrumental Turnkey projects as per customer requirements COSTRUZIONI ELETTROTECNICHE CEAR s.r.l.

Via Monza 102 20060 Gessate - Mi - Italy Ph. +39 02 929290.1 Fax. + 39 02 92151670 www.cearsistemi.it --- info@cearsistemi.it

NEWS

EURODRAW

Eurodraw, wire drawing taken to the next level

ƵƌŽĚƌĂǁ tŝƌĞ ĞƋƵŝƉŵĞŶƚ ŚĂƐ ũƵƐƚ ĐŽŵƉůĞƚĞĚ ƚŚĞ ƐƵƉƉůLJ ŽĨ Ă ŶĞǁůLJ ĚĞƐŝŐŶĞĚ ŽĨ ǁŝƌĞ ĚƌĂǁŝŶŐ ŵĂĐŚŝŶĞ ƚŚĂƚ ƚĂŬĞƐ ǁŝƌĞ ĚƌĂǁŝŶŐ ƚŽ ƚŚĞ ŶĞdžƚ ůĞǀĞů͘ hŶƉƌĞĐĞĚĞŶƚĞĚ ĐŽŽůŝŶŐ ĐĂƉĂďŝůŝƟĞƐ ĂůůŽǁ ƌĞĂĐŚŝŶŐ ƉƌŽĚƵĐƟŽŶ ƐƉĞĞĚƐ ƚŚĂƚ ĂƌĞ ŝŶ ĞdžĐĞƐƐ ŽĨ ϱϬ ŵͬƐĞĐ ŽŶ ĮŶĂů ǁŝƌĞ ƐŝnjĞƐ ŽĨ ϭ͕ϯ ŵŵ͕ ƐƚĂƌƟŶŐ ĨƌŽŵ ǁŝƌĞ ƌŽĚ͘

ĐŽŽůŝŶŐ ǁĂƚĞƌ ƚĞŵƉĞƌĂƚƵƌĞ ŐƌĂĚŝĞŶƚ ŝƐ ŶŽǁ ƵƉ ŽǀĞƌ ϯΣ ĨƌŽŵ ƚŚĞ ϱΣ ŽĨ ƚŚĞ ŽƌŝŐŝŶĂů ĐŽŽůŝŶŐ ƐLJƐƚĞŵ͘ Ŷ ĂĚĚŝƟŽŶĂů ŚŝŐŚ ǀŽůƵŵĞ ĐŽŶǀĞĐƟǀĞ Ăŝƌ ĐŽŽůŝŶŐ ƐLJƐƚĞŵ ǁĂƐ ĂĚĚĞĚ ƚŽ ƚŚĞ ďůŽĐŬƐ ƚŽ ƌĞŵŽǀĞ ƚŚĞ ŚĞĂƚ ƚŚĂƚ ǁĂƐ ŶŽƚ ƉŽƐƐŝďůĞ ƚŽ ďĞ ƌĞŵŽǀĞĚ ďLJ ĐŽŶĚƵĐƟǀŝƚLJ͘

WƌŽŐƌĂŵŵĂďůĞ ůƵďƌŝĐĂŶƚ ƐƟƌƌĞƌƐ ǁĞƌĞ ŝŶƐƚĂůůĞĚ ŽŶ ĞĂĐŚ dŚĞ ŵĂĐŚŝŶĞ ŚĂƐ ϭϮ ďůŽĐŬƐ ĂŶĚ ŝƐ ĚĞƐŝŐŶĞĚ ƚŽ ĚƌĂǁ ůŽǁ ĚŝĞďŽdž ƚŽ ĂůůŽǁ ƉƌŽƉĞƌ ǁŝƌĞ ůƵďƌŝĐĂƟŽŶ Ăƚ Ăůů ƟŵĞƐ ĂŶĚ ĂŶĚ ŵĞĚŝƵŵ ĐĂƌďŽŶ ƐƚĞĞů ǁŝƌĞ ĨƌŽŵ ϱ͕ϱϬ ŵŵ ĚŽǁŶ ĂǀŽŝĚ ƚŚĞ ĨŽƌŵĂƟŽŶ ŽĨ Ă ƚƵŶŶĞů ǁŝƚŚŝŶ ƚŚĞ ůƵďƌŝĐĂŶƚ ďŽdž͘ ƚŽ ϭ͕ϯϬ ŵŵ͘ dŚĞ ǁŝƌĞ ŝƐ ƚŚĞŶ ǁŽƵŶĚ ŽŶ ĂŶ ŚĞĂǀLJ ĚƵƚLJ ƐƉŽŽůĞƌ ǁŝƚŚ Ϯ ƚŽŶƐ ĐĂƉĂĐŝƚLJ͘ &ŝŶĂůůLJ ƚŚĞ ĐŽŶƚƌŽůƐ ŽĨ ƚŚĞ ŵĂĐŚŝŶĞ ǁŚĞƌĞ ƌĞĚĞƐŝŐŶĞĚ ƚĂŬŝŶŐ ĂĚǀĂŶƚĂŐĞ ŽĨ ƚŚĞ ůĂƚĞƐƚ ĚŝŐŝƚĂů ĐŽŵŵƵŶŝĐĂƟŽŶ KƵƌ ZΘ ĚĞƉĂƌƚŵĞŶƚ ǁĂƐ ĂƐŬĞĚ ƚŽ ĚĞǀĞůŽƉ ƚŚĞ ĨĂƐƚĞƐƚ ƉƌŽƚŽĐŽůƐ ƚŚĂƚ ĂůůŽǁ ƚŚĞ ĞdžĐŚĂŶŐĞ ŽĨ ƚŚĞ ŝŶĨŽƌŵĂƟŽŶ ƉŽƐƐŝďůĞ ŵĂĐŚŝŶĞ ĂŶĚ ƚŽ ƌĞĂĐŚ ƚŚĞ ƚĂƌŐĞƚ ƉƌĞĨŽŵĂŶĐĞƐ͕ ďĞƚǁĞĞŶ ƚŚĞ ĚƌŝǀĞƐ ŝŶ ƚŚĞ ĨĂƐƚĞƐƚ ƉŽƐƐŝďůĞ ǁĂLJ͘ dŚĞ ƚŚĞ ĨŽĐƵƐ ǁĂƐ ŵĂŝŶůLJ ŽŶ ƚŚĞ ĐŽŽůŝŶŐ ƐLJƐƚĞŵ͕ ƚŚĞ ĚŝĞ ŵĂĐŚŝŶĞ ǁĂƐ ĨƵůůLJ ǁŝƌĞĚ ŝŶ ĚŝŐŝƚĂů ŵŽĚĞ ƌĞĚƵĐŝŶŐ ƚŚĞ ĐŽŽůŝŶŐ͕ ƚŚĞ ƐƉŽŽůĞƌ ĂŶĚ ƚŚĞ ĞůĞĐƚƌŽŶŝĐ ĐŽŶƚƌŽůƐ͘ ŶƵŵďĞƌ ŽĨ ĐĂďůĞƐ ƌĞƋƵŝƌĞĚ ďĞƚǁĞĞŶ ƚŚĞ ŵĂĐŚŝŶĞ ĂŶĚ ƚŚĞ ĐĂďŝŶĞƚ͘ dŚĞ ŽƌŝŐŝŶĂů ƵƌŽĚƌĂǁ ĐŽŽůŝŶŐ ƐLJƐƚĞŵ ǁĂƐ ĂůƌĞĂĚLJ ĂŶ ĞdžĐĞůůĞŶƚ ďĂƐĞ ƚŽ ƐƚĂƌƚ ďƵƚ ŝŶ ŽƌĚĞƌ ƚŽ ƌĞĂĐŚ ƐƉĞĞĚƐ ŽĨ ϱϬ dŚĞ ĚĞƐŝŐŶƐ ĚĞǀĞůŽƉƉĞĚ ǁŝƚŚ ƚŚŝƐ ůĂƚĞƐƚ ŵĂĐŚŝŶĞ ĂƌĞ ŶŽǁ ŵͬƐĞĐ ŝƚ ǁĂƐ ŶĞĐĞƐƐĞƌLJ ƚŽ ŝŵƉƌŽǀĞ ŝƚ͘ dŚĞ ĐŽŽůŝŶŐ ƐLJƐƚĞŵ ƐƚĂŶĚĂƌĚ ĨĞĂƚƵƌĞƐ ŽŶ Ăůů ƚŚĞ ǁŝƌĞ ĚƌĂǁŝŶŐ ŵĂĐŚŝŶĞƐ ƌĂŶŐĞ ĚĞǀĞůŽƉĞĚ ďLJ ƵƌŽĚƌĂǁ ZΘ ĚĞƉĂƌƚŵĞŶƚ ŝƐ ŶŽǁ ϳϯй ŽĨ ƵƌŽĚƌĂǁ͘ ŵŽƌĞ ĞĸĐŝĞŶƚ ƚŚĂŶ ƚŚĞ ƐƚĂŶĚĂƌĚ ƐLJƐƚĞŵ ĂŶĚ ƚŚĞ ŚĞĂƚ ƌĞŵŽǀĂů ŝƐ ŶŽǁ ƐƵĸĐŝĞŶƚ ƚŽ ĞŶƐƵƌĞ ƚŚĂƚ ƚŚĞ ƚĞŵƉĞƌĂƚƵƌĞ &Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ŽĨ ƚŚĞ ǁŝƌĞ ĞŶƚĞƌŝŶŐ ƚŚĞ ĚŝĞƐ ǁĂƐ ĂůǁĂLJƐ ďĞůŽǁ ϱϱ Σ ͘ dŚĞ ŝŶĨŽΛĞƵƌŽĚƌĂǁ͘ĐŽŵ ͮ ǁǁǁ͘ĞƵƌŽĚƌĂǁ͘ĐŽŵ

18

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

Organic Rankine Cycle technology IRU ƮH[LEOH FRPELQHG F\FOH SRZHU plants in the MENA regions /Ŷ ƚŽĚĂLJ͛Ɛ D E ƌĞŐŝŽŶƐ ĞůĞĐƚƌŝĐŝƚLJ ŵĂƌŬĞƚ͕ ĐŚĂƌĂĐƚĞƌŝnjĞĚ ďLJ Ă ŐƌŽǁŝŶŐ ĞŵƉŚĂƐŝƐ ŽŶ ĚĞĐĞŶƚƌĂůŝnjĞĚ ƉŽǁĞƌ ŐĞŶĞƌĂƟŽŶ ĂŶĚ ĨĂĐŝŶŐ ĂŶ ŝŶĐƌĞĂƐŝŶŐ ƉĞŶĞƚƌĂƟŽŶ ŽĨ ŝŶƚĞƌŵŝƩĞŶƚ ƌĞŶĞǁĂďůĞ ƉŽǁĞƌ ŐĞŶĞƌĂƟŽŶ͕ ƚŚĞ ŶĞĞĚƐ ŽĨ ŇĞdžŝďůĞ͕ ƌĞůŝĂďůĞ ĂŶĚ ƐŝŵƉůĞ ƉŽǁĞƌ ŐĞŶĞƌĂƟŽŶ ƚĞĐŚŶŽůŽŐLJ ŝƐ ŵŽƌĞ ĂŶĚ ŵŽƌĞ ƌĞůĞǀĂŶƚ ĨŽƌ ƵƟůŝƟĞƐ ĂƐ ǁĞůů ĂƐ ŝŶĚƵƐƚƌŝĂů ƉůĂLJĞƌƐ ĂŶĚ ĞŶĞƌŐLJ ĐŽŵƉĂŶŝĞƐ͘ dŚĞƐĞ ƉŽǁĞƌ ƉůĂŶƚƐ ĂƌĞ ƚLJƉŝĐĂůůLJ ĚĞǀĞůŽƉĞĚ ǁŝƚŚ ŽƉĞŶͲ ĐLJĐůĞ ƐŵĂůůͬŵĞĚŝƵŵ ƌĞĐŝƉƌŽĐĂƟŶŐ ĞŶŐŝŶĞƐ ;/ ƐͿ Žƌ ŐĂƐ ƚƵƌďŝŶĞƐ ;'dƐͿ͕ ĚĞƉĞŶĚŝŶŐ ŽŶ ĨƵĞů ĂǀĂŝůĂďŝůŝƚLJ͕ ŽƉĞƌĂƚŽƌ ƐŬŝůůƐ͕ ƉůĂŶƚƐ ůŽĐĂƟŽŶ͘

NEWS

TURBODEN

ĂƚŵŽƐƉŚĞƌĞ ĂƐ ĞdžŚĂƵƐƚ ŐĂƐĞƐ Ăƚ ŵĞĚŝƵŵ ƚĞŵƉĞƌĂƚƵƌĞ ;ΕϰϬϬΣ Ϳ͘ dŚĞƐĞ / Ɛ ĂŶĚ 'dƐ ƚŚŽƵŐŚ ƚĞŶĚ ŶŽƚ ƚŽ ďĞ ŽƉƟŵŝƐĞĚ ĨŽƌ ĐŽŵďŝŶĞĚͲĐLJĐůĞ ŽƉĞƌĂƟŽŶ͕ ĂŶĚ ƚŚĞŝƌ ĞdžŚĂƵƐƚ ŐĂƐ ƚĞŵƉĞƌĂƚƵƌĞƐ ĂƌĞ ŶŽƚ ƐƵĸĐŝĞŶƚůLJ ŚŝŐŚ͕ ĞƐƉĞĐŝĂůůLJ ƵŶĚĞƌ ƉĂƌƚͲůŽĂĚ ĐŽŶĚŝƟŽŶƐ͕ ƚŽ ŐĞŶĞƌĂƚĞ ƐƚĞĂŵ Ăƚ ƚŚĞ ĐŽŶĚŝƟŽŶƐ ŶĞĞĚĞĚ ƚŽ ĂĐŚŝĞǀĞ Ă ŚŝŐŚ ŽǀĞƌĂůů ĞůĞĐƚƌŝĐĂů ĞĸĐŝĞŶĐLJ͘ EŽŶĞƚŚĞůĞƐƐ͕ ŽƚŚĞƌ ĐŽŵƉĞůůŝŶŐ ƚĞĐŚŶŽůŽŐŝĞƐ ĂƌĞ ĂǀĂŝůĂďůĞ͘ dŚĂŶŬƐ ƚŽ ŝƚƐ ŝŵƉƌĞƐƐŝǀĞ ĚĞǀĞůŽƉŵĞŶƚ ŝŶ ŚŝŐŚͲĞŶƚŚĂůƉLJ ĂƉƉůŝĐĂƟŽŶƐ͕ ƐƵĐŚ ĂƐ ďŝŽŵĂƐƐ ĞŶĞƌŐLJ ĂŶĚ ǁĂƐƚĞ ŚĞĂƚ ƌĞĐŽǀĞƌLJ ŝŶ ŝŶĚƵƐƚƌŝĞƐ͕ KƌŐĂŶŝĐ ZĂŶŬŝŶĞ LJĐůĞ ;KZ Ϳ ƚĞĐŚŶŽůŽŐLJ͕ ƵƐŝŶŐ ƐƉĞĐŝĮĐ ŽƌŐĂŶŝĐ ǁŽƌŬŝŶŐ ŇƵŝĚƐ͕ ƉĞƌŵŝƚƐ ƚŚĞ ĞĸĐŝĞŶƚ ĞdžƉůŽŝƚĂƟŽŶ ŽĨ ůŽǁͲ ƚĞŵƉĞƌĂƚƵƌĞ ĞdžŚĂƵƐƚ ŐĂƐ ƐƚƌĞĂŵƐ͕ ĂůƐŽ Ăƚ ǀĂƌŝĂďůĞ ůŽĂĚ ĂŶĚͬŽƌ ŽŶ ƉŽŽƌ ƋƵĂůŝƚLJ ĨƵĞůƐ͘

dŚƵƐ͕ KZ ĞŶŚĂŶĐĞƐ ƚŚĞ ĞĸĐŝĞŶĐLJ ŽĨ ƚŚĞƐĞ ĚĞĐĞŶƚƌĂůŝnjĞĚ ƉŽǁĞƌ ƉůĂŶƚƐ ƉĞƌŵŝƫŶŐ ƚŚĞ ƌĞĂůŝnjĂƟŽŶ ŽĨ ĞĸĐŝĞŶƚ ŵĞĚŝƵŵͬƐŵĂůů ĐŽŵďŝŶĞĚͲĐLJĐůĞƐ ƉŽǁĞƌ ƉůĂŶƚƐ͘ /Ŷ ĂĚĚŝƟŽŶ͕ KZ ŵĞĞƚƐ ƚŚĞ ŶĞĞĚ ŽĨ ƌĞĂůŝnjŝŶŐ ƌĞůŝĂďůĞ ĂŶĚ ŇĞdžŝďůĞ ƉůĂŶƚƐ ǀĞƌLJ ,ŽǁĞǀĞƌ͕ ƚŚŝƐ ƉůĂŶƚ ĐŽŶĮŐƵƌĂƟŽŶ ĂĐŚŝĞǀĞƐ Ă ůŽǁ ĞĸĐŝĞŶĐLJ ǁĞůů͕ ƚŚĂŶŬƐ ƚŽ ƚŚĞ ĨĂĐƚ ƚŚĂƚ ƚŚĞ ŽǀĞƌĂůů KZ ƐLJƐƚĞŵƐ ďĞĐĂƵƐĞ Ă ƌĞůĞǀĂŶƚ ĂŵŽƵŶƚ ŽĨ ƉŽǁĞƌ ŝƐ ƚŚƌŽǁ ŝŶƚŽ ƚŚĞ ĂƌĞ ǁĂƚĞƌͲĨƌĞĞ͕ ĐŽŵƉůĞƚĞůLJ ĂƵƚŽŵĂƟĐ͕ ǁŝƚŚ ƐŝŵƉůĞ ƐƚĂƌƚͲƐƚŽƉ ƉƌŽĐĞĚƵƌĞƐ ĂŶĚ ƉƌĞƐĞŶƚ ŚŝŐŚ ĂǀĂŝůĂďŝůŝƚLJ ĂŶĚ ŇĞdžŝďŝůŝƚLJ ǁŚŝůĞ ŵĂŝŶƚĂŝŶŝŶŐ ůŽŶŐ ůŝĨĞƟŵĞ ;хϮϬ LJĞĂƌƐͿ ŝŶ ĂĚĚŝƟŽŶ ƚŽ ŵŝŶŝŵƵŵ KΘD ƌĞƋƵŝƌĞŵĞŶƚƐ ĂŶĚ ĐŽƐƚƐ͘ ŵŽŶŐ ŝƚƐ ϯϭϬ KZ ƉůĂŶƚƐ ŽƉĞƌĂƟŶŐ ǁŽƌůĚǁŝĚĞ ĂŶĚ ŽƚŚĞƌ ϲϬ ƵŶĚĞƌ ĐŽŶƐƚƌƵĐƟŽŶ͕ dƵƌďŽĚĞŶ ŚĂƐ ĮĞůĚͲƉƌŽǀĞŶ ĞdžƉĞƌŝĞŶĐĞ ŝŶ ŵŽƌĞ ƚŚĂŶ ϯϬ ĐŽŵďŝŶĞĚͲĐLJĐůĞƐ͘ dŚĞ ŇĞĞƚ ƌĞƐƵůƚƐ ĐŽŶĮƌŵ ƚŚĞ ĞdžƚƌĂŽƌĚŝŶĂƌLJ ƐƵŝƚĂďŝůŝƚLJ ŽĨ KZ ƚĞĐŚŶŽůŽŐLJ ĨŽƌ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ŇĞdžŝďůĞ͕ ƌĞůŝĂďůĞ ĂŶĚ ƐŝŵƉůĞ ƉŽǁĞƌ ŐĞŶĞƌĂƟŽŶ ƉůĂŶƚƐ͕ ĂƐ ƚŚŽƐĞ ŶĞĞĚĞĚ ŝŶ ƚŚĞ D E ƌĞŐŝŽŶƐ͘

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

19

NEWS

CAMEC SRL

Camec: A new concept of innovation ^ŝƚƵĂƚĞĚ ŝŶ ŝƩĂĚĞůůĂ͕ Ă ŶŽƌƚŚĞƌŶ /ƚĂůŝĂŶ ĐŝƚLJ ũƵƐƚ Ă ƐŚŽƌƚ ĚŝƐƚĂŶĐĞ ĨƌŽŵ sĞŶŝĐĞ͕ ĂŵĞĐ ĞŶƚĞƌĞĚ ƚŚĞ ŵĂƌŬĞƚ ŝŶ ϭϵϵϯ ĂƐ Ă ƐƵƉƉůŝĞƌ ĨŽƌ ŽƚŚĞƌ ĞƋƵŝƉŵĞŶƚ ƉƌŽĚƵĐĞƌƐ͘ ŌĞƌ ƚŚŝƐ͕ ĂŵĞĐ ďĞŐĂŶ ĚĞǀĞůŽƉŝŶŐ ƐƉĞĐŝĮĐ ƐŽůƵƟŽŶƐ ĨŽƌ ƌĞĐLJĐůŝŶŐ ŝŶĚƵƐƚƌŝĂů ĂŶĚ ŵƵŶŝĐŝƉĂů ǁĂƐƚĞ ĮƌƐƚ ĂŶĚ ƚŚĞŶ ĂůŽŶŐ ƚŚĞ LJĞĂƌƐ ĞdžƉĂŶĚĞĚ ǁŝƚŚ ƚŚƌĞĞ ŽƚŚĞƌ ŵĂĐŚŝŶĞƌLJ ĚŝǀŝƐŝŽŶƐ ʹ ŚĂŶĚůŝŶŐ͕ ďĂŬĞƌLJ ĂŶĚ ŝŶĚƵƐƚƌŝĂů͘ ĂŵĞĐ ĐŽŶƚƌŽůƐ ĚŝƌĞĐƚůLJ ƚŚĞ ǁŚŽůĞ ƉƌŽĚƵĐƟŽŶ ĐLJĐůĞ ĂŶĚ ŝƐ ŚŝŐŚůLJ ŽƌŝĞŶƚĞĚ ƚŽ ƚŚĞ ƉƌŽĚƵĐƚ ĚĞǀĞůŽƉŵĞŶƚ͕ ďLJ ŐƵĂƌĂŶƚĞĞŝŶŐ Ă ĐŽŶƟŶƵŽƵƐ ƚĞĐŚŶŝĐĂů ŝŶŶŽǀĂƟŽŶ͕ ƚŚĂƚ ƐŝŶĐĞ ĞǀĞƌ ƌĞƉƌĞƐĞŶƚƐ ŽŶĞ ŽĨ ƚŚĞ ŵĂŝŶ ƐƚƌŽŶŐ ƉŽŝŶƚƐ ŽĨ ƚŚĞ ĐŽŵƉĂŶLJ͘ ĞƐŝĚĞƐ ƚŚĞ ĚĞƐŝŐŶ ĂŶĚ ƚŚĞ ĐŽŶƐƚƌƵĐƟŽŶ ƵƉ ƚŽ ƚŚĞ ͞ƚƵƌŶͲŬĞLJ͟ ƐƵƉƉůLJ ŽĨ ŝƚƐ ƐLJƐƚĞŵƐ͕ ĂŵĞĐ ŽīĞƌƐ Ă ϯϲϬΣ ƉĞƌƐŽŶĂůŝnjĞĚ ƐĞƌǀŝĐĞ ƐƵĐŚ ĂƐ ĨĞĂƐŝďŝůŝƚLJ ƐƚƵĚŝĞƐ͕ ϯ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ƐŝŵƵůĂƟŽŶ͕ ƌĞƐŝĚƵĂů ůŝĨĞ ĂŶĂůLJƐŝƐ ĂŶĚ ƌĞǀĂŵƉŝŶŐ͕ ĂŌĞƌ ƐĂůĞ ƐĞƌǀŝĐĞ͕ ĂůƐŽ ĨƌŽŵ ƌĞŵŽƚĞ͕ ĂƐ ǁĞůů ĂƐ ŽƌĚŝŶĂƌLJ ĂŶĚ ĞdžƚƌĂŽƌĚŝŶĂƌLJ ŵĂŝŶƚĞŶĂŶĐĞ͘ dŽ ƐƚĂLJ ĂŚĞĂĚ ŽĨ ƚŚĞ ĚĞǀĞůŽƉŝŶŐ ŵĂƌŬĞƚ ŽĨ /ƚĂůLJ͕ ďƵƚ ŵĂŝŶůLJ ŽĨ ƵƌŽƉĞ ĂŶĚ ďĞLJŽŶĚ͕ ĂŵĞĐ ŝƐ ĐŽŶƐƚĂŶƚůLJ ŝŶ ƐĞĂƌĐŚ ŽĨ ƚĞĐŚŶŽůŽŐŝĐĂů ĂůƚĞƌŶĂƟǀĞƐ ƚŚĂƚ ĐĂŶ ůĞĂĚ ƚŽ ŵŽƌĞ ĂŶĚ ŵŽƌĞ ĐŽŵƉĞƟƟǀĞ ƐŽůƵƟŽŶƐ͘ dŚĞ ĨĞĂƚŚĞƌ ŝŶ ƚŚĞ ĐĂƉ ŽĨ ƚŚĞ ĐŽŵƉĂŶLJ͕ ŝŶĚĞĞĚ͕ ŝƐ ŝƚƐ ĂƉƉƌŽĂĐŚ͗ ĂŵĞĐ ĚĞĂůƐ ǁŝƚŚ ͞ƚĂŝůŽƌͲŵĂĚĞ͟ ĞƋƵŝƉŵĞŶƚ͕ ƚŚƵƐ ĨĂĐŝŶŐ Ăůů ƚŚĞ ĐƵƐƚŽŵĞƌ͛Ɛ ŶĞĞĚƐ͘ dŚĂŶŬƐ ƚŽ Ăůů ƚŚĞƐĞ ƌĞĂƐŽŶƐ͕ ĨŽƌ Ϯϱ LJĞĂƌƐ ĂŵĞĐ ŝƐ Ă ƐƚƌĂƚĞŐŝĐ ƉĂƌƚŶĞƌ Ăůů ŽǀĞƌ ƚŚĞ ǁŽƌůĚ͕ ŵĂŬŝŶŐ ĨƵůů ƵƐĞ ŽĨ ƉĂƐƐŝŽŶ ĂŶĚ ĐƌĞĂƟǀŝƚLJ ƚŽ ƉƌŽĚƵĐĞ ƚĞĐŚŶŝĐĂů ŝŶŶŽǀĂƟŽŶ͕ ďĞĐĂƵƐĞ ǁŚĞŶ LJŽƵ ǁŽƌŬ ǁŝƚŚ ƉĂƐƐŝŽŶ͕ ƚŚĞ ĐƌĞĂƟǀŝƚLJ ďĞĐŽŵĞƐ ŝŶŶŽǀĂƟŽŶ ͙ďĞĐŽŵĞƐ ĂŵĞĐ͘

CAMEC SRL

NEWS

INDUSTRIAL TECHNOLOGY

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OIL AND GAS, PETROCHEMICAL, AUTOMATION

NEWS

SEBA PROTEZIONE SRL

6HED 3URWH]LRQH VUO SURGXFHV DQG H[SRUWV JOREDO SHUVRQDO protection devices ŽĨ ŐůŽďĂů ƉĞƌƐŽŶĂů ƉƌŽƚĞĐƟŽŶ ĚĞǀŝĐĞƐ͘ tĞ ƉƌŽĚƵĐĞ ĂŶĚ ĞdžƉŽƌƚ ŐůŽďĂů ƉĞƌƐŽŶĂů ƉƌŽƚĞĐƟŽŶ ĚĞǀŝĐĞƐ͕ ƐƵĐŚ ĂƐ͗ ƐĂĨĞƚLJ ŐůŽǀĞƐ͕ ƐŚŽĞƐ͕ ĐůŽƚŚŝŶŐ͕ ƌĞƐƉŝƌĂƚŽƌLJ ƚƌĂĐƚ͕ ƉƌŽƚĞĐƟǀĞƐ ŐůĂƐƐĞƐ͕ ĨĂůů ƉƌŽƚĞĐƟŽŶ͕ ŚĞĂƌŝŶŐ ƉƌŽƚĞĐƟŽŶ͕ ĂƌƟĐůĞƐ ĨŽƌ ĐŽŶƐƚƌƵĐƟŽŶ ĂŶĚ ƉƌŽĚƵĐƚƐ ĨŽƌ ŵĂŝŶƚĞŶĂŶĐĞ͘ tĞ ĂƌĞ ůŽĐĂƚĞĚ ŝŶ ĞŶƚŽ ;&ĞƌƌĂƌĂͿ͕ ŝŶ ƚŚĞ EŽƌƚŚͲ ĂƐƚ /ƚĂůLJ ; ŵŝůŝĂ ZŽŵĂŐŶĂ͕ ǁĞůůͲ ŬŶŽǁŶ ĂƐ DŽƚŽƌ sĂůůĞLJͿ͘ dŚĞ ŽŵƉĂŶLJ͛Ɛ ĂĐƟǀŝƚLJ ŝƐ ďĂƐĞĚ ŽŶ ƚŚĞƐĞ ĨƵŶĚĂŵĞŶƚĂů ďƵƐŝŶĞƐƐ ƌƵůĞƐ͗ ƌĞůŝĂďŝůŝƚLJ͕ ƐĞƌǀŝĐĞ ĞĸĐŝĞŶĐLJ ĂŶĚ ^ WZKd d/KE ǁĂƐ ĨŽƵŶĚĞĚ ŝŶ ϭϵϲϴ ďLJ 'ŝĂŶĐĂƌůŽ ƵƉĚĂƚĞĚ ƚĞĐŚŶŽůŽŐŝĐĂů ƉƌŽĚƵĐƚ ĚĞǀĞůŽƉŵĞŶƚ ĂĐĐŽƌĚŝŶŐ DŝŶĂƌĞůůŝ͕ ǁŚŽ ďƌŽƵŐŚƚ ŝŶ ĨĂŵŝůLJ ĐŽŵƉŽŶĞŶƚƐ ;ŚŝƐ ƚŽ ƵƌŽƉĞĂŶ /ŶƚĞƌŶĂƟŽŶĂů ƐƚĂŶĚĂƌĚƐ͘ ǁŝĨĞ ĂŶĚ ŚŝƐ ƐŽŶƐͿ ĂůŽŶŐ ǁŝƚŚ ƐŽŵĞ ŝŵƉŽƌƚĂŶƚ͕ ƚƌƵƐƚĞĚ ĐŽůůĂďŽƌĂƚŽƌƐ͘ /Ŷ ŽƌĚĞƌ ƚŽ ŐƵĂƌĂŶƚĞĞ ŝƚƐ ĐůŝĞŶƚƐ ŐůŽďĂů ƐĞƌǀŝĐĞ ŵŝƌƌŽƌŝŶŐ ƚŚĞ ƋƵĂůŝƚLJ ŽĨ ƚŚĞ ƐĂĨĞƚLJ ĚĞǀŝĐĞƐ ƚŚĞŵƐĞůǀĞƐ͕ ^ ŚĂƐ dŚĞ ŽŵƉĂŶLJ ǁĂƐ ŽƌŝŐŝŶĂůůLJ ĐƌĞĂƚĞĚ ĂƐ Ă ǁŽƌŬ ƉƌŽƚĞĐƟǀĞ ŝŶƐƟƚƵƚĞĚ Ă ƐLJƐƚĞŵ ŽĨ YƵĂůŝƚLJ /ŶƐƵƌĂŶĐĞ ǁŚŽƐĞ ƌŽůĞ ŝƐ ƚŽ ŐůŽǀĞƐ ŵĂŶƵĨĂĐƚƵƌĞƌ ĂŶĚ ŽǀĞƌ ƚŚĞ LJĞĂƌƐ ŚĂƐ ĞdžƉĂŶĚĞĚ ĐŽŶƚƌŽů ƚĞĐŚŶŝĐĂů͕ ŽƌŐĂŶŝƐĂƟŽŶĂů ĂŶĚ ŚƵŵĂŶ ĞůĞŵĞŶƚƐ ŝƚƐ ƉƌŽĚƵĐƚ ƌĂŶŐĞ ĂŶĚ ŝƚƐ ŵŝƐƐŝŽŶ͕ ďĞĐŽŵŝŶŐ Ă ƐƵƉƉůŝĞƌ ǁŚŝĐŚ ĐŚĂƌĂĐƚĞƌŝƐĞ ƌĞůĂƟŽŶƐŚŝƉƐ ǁŝƚŚ ŽƵƌ ĐůŝĞŶƚƐ͘

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

^ ĐŽŵƉĂŶLJ ƉŽůŝĐLJ ŝƐ ďĂƐĞĚ ŽŶ ĞĸĐŝĞŶƚ ŽƌĚĞƌ ĚŝƐƉĂƚĐŚ ĂŶĚ ĚĞůŝǀĞƌLJ ƟŵĞƐ͕ ŽŶ ŚŽŶĞƐƚLJ ǁŝƚŚ ŽƵƌ ŽǁŶ ĚŝƐƚƌŝďƵƚŽƌƐ ĂŶĚ ƐĂůĞ ĂŐĞŶƚƐ ŶĞƚǁŽƌŬ ĂŶĚ ŽŶ ŵĂdžŝŵƵŵ ƉŽƐƚͲƐĂůĞƐ ƐƵƉƉŽƌƚ ƚŽ ƐĂƟƐĨLJ Ăůů ƚĞĐŚŶŝĐĂů ƌĞƋƵŝƌĞŵĞŶƚƐ ĂƐƐŽĐŝĂƚĞĚ ǁŝƚŚ ^ ƉƌŽĚƵĐƚ ƵƐĞ͘ ^ ƐŚĂƌĞƐ ŝƚƐ ŝŶĐůŝŶĂƟŽŶ ĨŽƌ ĐŽŶƐƚĂŶƚ ƌĞƐĞĂƌĐŚ ŝŶ ĞƌŐŽŶŽŵŝĐƐ͕ ĐŽŵĨŽƌƚ ĂŶĚ ƐĂĨĞƚLJ ǁŝƚŚ ŝƚƐ ƐƵƉƉůŝĞƌ ŶĞƚǁŽƌŬ͘ ZĞƐĞĂƌĐŚ ŝŶǀĞƐƚŵĞŶƚƐ ŝŶǀŽůǀĞ ĂƉƉĂƌĂƚƵƐ ĂŶĚ ŝŶƚĞƌŶĂů ƚĞĐŚŶŽůŽŐŝĞƐ ĂŶĚ͕ ĂďŽǀĞ Ăůů͕ ƚŚĞ ĞĚƵĐĂƟŽŶ ĂŶĚ ďĞŶĞĮƚƐ ŽĨ ŚƵŵĂŶ ƌĞƐŽƵƌĐĞƐ͘ dŚĞƐĞ ĂůůŽǁ ^ ƚŽ ĐŽŶƟŶƵĞ ƚŽ ŽīĞƌ ŝŶŶŽǀĂƟǀĞ ƐŽůƵƟŽŶƐ ĨŽƌ ƐĂĨĞƚLJ ĚĞǀŝĐĞƐ ĂŶĚ ĨŽƌ ĂƌƟĐůĞƐ ĚĞƐŝŐŶĞĚ ĨŽƌ ǁŽƌŬĞƌ ƵƐĞ͘

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SEBA PROTEZIONE SRL

^ ĐƵƌƌĞŶƚůLJ ǁŽƌŬƐ ŽŶ ƚŚĞ ŶĂƟŽŶĂů ĂŶĚ ŝŶƚĞƌŶĂƟŽŶĂů ŵĂƌŬĞƚƐ ǁŝƚŚ Ă ƐƚƌƵĐƚƵƌĞ ŽĨ ĂƉƉƌŽdžŝŵĂƚĞůLJ Ϯϱ ĞŵƉůŽLJĞĞƐ ŝŶ ƚŚĞ /ƚĂůŝĂŶ ,ĞĂĚƋƵĂƌƚĞƌ͕ ϴϬ ƐĂůƐĞƐ ĂŐĞŶƚƐ ŝŶ ƵƌŽƉĞ ĂŶ ŽǀĞƌ ϰϬϬ ĞŵƉůŽLJĞĞƐ ŝŶ ƉƌŽĚƵĐƟŽŶ ĨĂĐƚŽƌŝĞƐ ĂďƌŽĂĚ͘ KƵƌ ĞdžƉŽƌƚ ŵĂƌŬĞƚƐ ĂƌĞ ƵƐƚƌŝĂ͕ ^ƉĂŝŶ͕ &ƌĂŶĐĞ͕ ĂůĐĂŶ WĞŶŝŶƐƵůĂ͕ 'ƌĞĞĐĞ͕ LJƉƌƵƐ͕ ƐƚƌŝǀŝŶŐ ƚŽ ĞdžƚĞŶĚ ^ ƉƌĞƐĞŶĐĞ ŝŶ ŽƚŚĞƌ /ŶƚĞƌŶĂƟŽŶĂů DĂƌŬĞƚƐ͘ /Ŷ ŽƌĚĞƌ ƚŽ ŚĂǀĞ Ă ďĞƩĞƌ ƵŶĚĞƌƐƚĂŶĚŝŶŐ ŽĨ ŽƵƌ ĐŽŵƉĂŶLJ͕ LJŽƵ ĐĂŶ ĮŶĚ ĨƵƌƚŚĞƌ ŝŶĨŽƌŵĂƟŽŶ ĂŶĚ ƚŚĞ ĐĂƚĂůŽŐƵĞ ŝŶ ŽƵƌ ǁĞďƐŝƚĞ͗ ǁǁǁ͘ƐĞďĂŐƌŽƵƉ͘ĞƵ

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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PAPARELLI ALESSANDRO E FIGLIO SRL

Company specialized in screens for water wells W W Z >>/ > ^^ E ZK &/'>/K ^Z> ŚĂƐ ŝƚƐ ŽƌŝŐŝŶƐ ŝŶ ƚŚĞ ƉƌĞǀŝŽƵƐ ĨĂŵŝůLJ ďƵƐŝŶĞƐƐ͗ dŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ ƚŽŽůƐ͕ ƚŚĞ ďƵŝůĚŝŶŐ ĂŶĚ ƌĞƉĂŝƌŝŶŐ ŽĨ ŵĂĐŚŝŶĞƐ ĨŽƌ ĐĂƌƉĞŶƚƌLJ͕ ŵĞĐŚĂŶŝĐƐ ĂŶĚ ŚŽƵƐĞ ďƵŝůĚŝŶŐ͕ ƐƚĂƌƚĞĚ ŝŶ ƚŚĞ ĮƌƐƚ ĚĞĐĂĚĞ ŽĨ ƚŚĞ ϮϬƚŚ ĐĞŶƚƵƌLJ͘ >ĂƚĞƌ͕ Ăƚ ƚŚĞ ĞŶĚ ŽĨ ƚŚĞ ϱϬ͛Ɛ͕ ƚŚĂŶŬƐ ƚŽ ŚŝƐ ĐƌĞĂƟǀŝƚLJ͕ ƐŬŝůůƐ ĂŶĚ ďƵƐŝŶĞƐƐ ĞdžƉĞƌŝĞŶĐĞ͕ Dƌ͘ ůĞƐƐĂŶĚƌŽ ƐƚĂƌƚĞĚ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ ĐĂƐŝŶŐƐ ĂŶĚ ƐĐƌĞĞŶƐ ĨŽƌ ǁĂƚĞƌ ǁĞůůƐ͘ ƚ ƚŚĞ ĞŶĚ ŽĨ ϳϬ͛Ɛ ůĞƐƐĂŶĚƌŽ͛Ɛ ƐŽŶ͕ ^ĞƌŐŝŽ ;ĐƵƌƌĞŶƚ ŽǁŶĞƌͿ͕ ũŽŝŶĞĚ ƚŚĞ ĐŽŵƉĂŶLJ ĂŶĚ ŝŶ ƚŚĞ ĨŽůůŽǁŝŶŐ ĚĞĐĂĚĞ ďƌŽƵŐŚƚ ŝƚ ƚŽ Ă ĐŽŶƟŶƵŽƵƐ ŶĂƟŽŶĂů ĂŶĚ ŝŶƚĞƌŶĂƟŽŶĂů ŐƌŽǁƚŚ͘ EŽǁĂĚĂLJƐ W W Z >>/͛Ɛ ƉƌŽĚƵĐƚƐ ĂƌĞ ƐŽůĚ ŽŶ ƚŚĞ /ƚĂůŝĂŶ ƚĞƌƌŝƚŽƌLJ ĨŽƌ ƚŚĞ ϯϬй ĂŶĚ ŽŶ ƚŚĞ ŝŶƚĞƌŶĂƟŽŶĂů ŵĂƌŬĞƚƐ ĨŽƌ ƚŚĞ ƌĞŵĂŝŶŝŶŐ ϳϬй ŝŶĐůƵĚŝŶŐ ŝŶ ƵƌŽƉĞ͕ ƐŝĂ͕ ĨƌŝĐĂ ĂŶĚ ^ŽƵƚŚ ŵĞƌŝĐĂ͘ W W Z >>/͛Ɛ ĨĂĐƚŽƌLJ ƉƌĞƐĞŶƚůLJ ĐŽǀĞƌƐ ĂŶ ĂƌĞĂ ŽĨ ϳ͘ϮϬϬ ƐƋŵƚƐ ĂŶĚ ĂŶ ŽƵƚƐŝĚĞ ŽƉĞŶ ĂƌĞĂ ŽĨ ϭϱ͘ϬϬϬ ƐƋŵƚƐ͘ ,ĞƌĞ Ă ǁŝĚĞƌ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ŝƐ ŵĂŶƵĨĂĐƚƵƌĞĚ͗ ƚƵďĞƐ͕ ĚŝīĞƌĞŶƚ ƚLJƉĞƐ ŽĨ ƐĐƌĞĞŶƐ͕ ƐƵĐŚ ĂƐ ƐŝŵƉůĞ ƐůŽƩĞĚ͕ ďƌŝĚŐĞ ƐůŽƩĞĚ͕ ƐƉŝƌĂů ƐĐƌĞĞŶ ;:ŽŚŶƐŽŶ ƚLJƉĞͿ ŽŶĞƐ͕ ĂĐĐĞƐƐŽƌŝĞƐ ĂŶĚ ĐƵƐƚŽŵŝnjĞĚ ƐƉĞĐŝĂů ƉĂƌƚƐ͘ dŚĞ ĐŽŵƉĂŶLJ ĂůƐŽ ŽīĞƌƐ͕ ƚŚĂŶŬƐ ƚŽ ŝƚƐ ůŽŶŐͲƟŵĞ ĞdžƉĞƌŝĞŶĐĞ͕ ƐƵƉƉŽƌƚ ƚŽ ƌĞƐĞĂƌĐŚ ĂŶĚ ĂƉƉůLJ ŶĞǁ ƚĞĐŚŶŝĐĂů ƐŽůƵƟŽŶƐ ĂĐĐŽƌĚŝŶŐ ƚŽ ƚŚĞ ŶĞĞĚƐ ŽĨ ƚŚĞ ĐƵƐƚŽŵĞƌƐ͘ ^ŝŶĐĞ DĂLJ ϭϵϵϴ͕ ƚŚĞ ŵĂŶĂŐĞŵĞŶƚ ƐLJƐƚĞŵ ŽĨ ƚŚĞ ĐŽŵƉĂŶLJ ŝƐ Es ĐĞƌƟĮĞĚ͕ ƉƌĞƐĞŶƚůLJ ĂĐĐŽƌĚŝŶŐ ƚŽ ƚŚĞ hE/ E ϵϬϬϭ͘ dŚĞ ƐLJƐƚĞŵ ŽĨ ƋƵĂůŝƚLJ ŝƐ ĂůƌĞĂĚLJ ĐŽŶĨŽƌŵĞĚ ƚŽ ƚŚĞ ƌĞŐƵůĂƟŽŶ ϵϬϬϭ͗ϮϬϭϱ͘ WĂƉĂƌĞůůŝ ŝƐ ǀĞƌLJ ĞŶǀŝƌŽŶŵĞŶƚĂůůLJ ĂǁĂƌĞ ĂŶĚ ƐĞŶƐŝďůĞ ƚŽ ƚŚĞ ŝƐƐƵĞ ŽĨ ĞŶĞƌŐLJ ƐĂǀŝŶŐ͘ /ƚ ŚĂƐ ŝŶ ĨĂĐƚ Ă ϮϮϴ <t ƉŚŽƚŽǀŽůƚĂŝĐ ƐLJƐƚĞŵ ĂŶĚ ĨƌŽŵ :ƵůLJ ϮϬϭϰ Ɵůů ƚŽĚĂLJ ŝƚ ŚĂƐ ƉƌŽĚƵĐĞĚ ĞŶĞƌŐLJ ĞƋƵĂů ƚŽ ϴϱϲ͘ϬϬϬ <ǁŚ ĂǀŽŝĚŝŶŐ Ă KϮ ƉƌŽĚƵĐƟŽŶ ĞƋƵĂů ƚŽ ϱϱϲ͘ϬϬϬ ŬŐ ;ĐŽƌƌĞƐƉŽŶĚŝŶŐ ƚŽ ϱϬϯ Žŝů ďĂƌƌĞůƐ͕ ϯϭϲϬ ƚƌĞĞƐͿ͘ W W Z >>/͛Ɛ ƉƌŽĚƵĐƚƐ ĐĂŶ ďĞ ƌĞĂůŝnjĞĚ ŝŶ ^ƚĂŝŶůĞƐƐ ^ƚĞĞů ;ǁŝƚŚ ďƌƵƐŚ tĞůĚĞĚ͕ WŝĐŬůĞĚ ĂŶĚ WĂƐƐŝǀĂƚĞĚ ϯϬϰͬϯϬϰ>͖ ϯϭϲ> ĞƚĐ͘Ϳ͕ ĂƌďŽŶ ^ƚĞĞů ;^ Ϯϯϱ :Z͕ tĂƚĞƌ WĂŝŶƚĞĚ͕ ,ŽƚͲ'ĂůǀĂŶŝnjĞĚ ĂƌďŽŶ ^ƚĞĞů ĂŶĚ ŝŶ ĞǀĞƌLJ ƋƵĂůŝƚLJ ŽĨ ƐƚĞĞůͿ͘ dŚĞ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ŝŶĐůƵĚĞƐ͗ Ͳ^ƉŝƌĂů ƐĐƌĞĞŶƐ ĨƌŽŵ T ϯϰ ŵŵ ƚŽ T ϭϬϭϲ ŵŵ ŝŶ ůĞŶŐƚŚ Ɵůů ϭϮ͕ϬϬ Dƚ ;ǁŝƚŚ Žƌ ǁŝƚŚŽƵƚ ŝŶƐŝĚĞ ĐĂƐŝŶŐͿ͖ ŵŽƌĞŽǀĞƌ͕ ƚŽ ƉƌŽĚƵĐĞ ƐƉŝƌĂů ƐĐƌĞĞŶ͕ ŽƵƌ ƉƌŽĚƵĐƟŽŶ ĚĞƉĂƌƚŵĞŶƚ ǁŽƌŬ ŝŶ ǁŝƌĞͲĚƌĂǁŝŶŐ ĂŶĚ ǁŝƌĞͲƉƌŽĮůŝŶŐ ƉƌŽĐĞĚƵƌĞƐ͘ Ͳ ƌŝĚŐĞ ^ůŽƩĞĚ ^ĐƌĞĞŶƐ͖ ͲZŝƐĞƌ WŝƉĞƐ͖ Ͳ^ŝŵƉůĞ ^ůŽƩĞĚ ^ĐƌĞĞŶƐ͖ Ͳ>ŽŶŐƐƚĂŶĚŝŶŐ ĂƐŝŶŐƐ ĨŽƌ tĂƚĞƌ tĞůůƐ ĂŶĚ ĂƐŝŶŐ ĨŽƌ ŝŶƐƚĂůůĂƟŽŶ ŽĨ WƵŵƉƐ͖ Ͳ ŝīĞƌĞŶƚ WŝƉĞ hŶŝŽŶƐ͗ dŚƌĞĂĚƐ͕ ŽůůĂƌƐ͕ &ůĂŶŐĞƐ͕ tĞůĚ ZŝŶŐƐ͕ ZĞĚƵĐĞĚ &ůĂŶŐĞƐ ǁŝƚŚ ,ŽůĞƐ͕ tĞůĚ ZŝŶŐƐ ĞƚĐ͖͘ Ͳ ĞŶƚƌĂůŝnjĞƌƐ͖ ŽƩŽŵ ĂƉƐ ŝĞůĞĐƚƌŝĐ :ŽŝŶƚƐ͖ dŝĞƐ͖ ŽŶŝĐĂů ZĞĚƵĐƟŽŶƐ͕ ŚŽůĚŝŶŐ ĐůĂŵƉƐ͖ >ŝŌŝŶŐ dŚƌĞĂĚĞĚ ,ĞĂĚƐ͘ W W Z >>/ ĂůƐŽ ĚĞĂůƐ ŝŶ Ws ƚƵďĞƐ ĂŶĚ ƐĐƌĞĞŶƐ͕ ĂŶĚ ŐůĂƐƐ ďĞĂĚƐ ŽĨ ĚŝīĞƌĞŶƚ ĚŝĂŵĞƚĞƌƐ ƚŽ ĚƌĂŝŶ ƚŚĞ ǁĞůůƐ͘ dŽ ůĞĂƌŶ ŵŽƌĞ ĂďŽƵƚ ƚŚĞ ǁĂLJ ŽĨ ǁŽƌŬŝŶŐ ĂŶĚ ůĞĂƌŶ ĂďŽƵƚ ƚŚĞ ƉƌŝĐĞƐ͕ ƉůĞĂƐĞ ũƵƐƚ ƚƌLJ ƚŽ ĂƐŬ ƵƐ ĨŽƌ Ă ƋƵŽƚĂƟŽŶ ĂŶĚ ǁĞ ǁŝůů ďĞ ŚĂƉƉLJ ƚŽ ĂŶƐǁĞƌ LJŽƵ ĂƐ ƐŽŽŶ ĂƐ ƉŽƐƐŝďůĞ ǁŝƚŚ ŽƵƌ ďĞƐƚ ƉƌŝĐĞƐ ǁŝƚŚŽƵƚ ĐŽŵŵŝƚŵĞŶƚ͘ sŝƐŝƟŶŐ ƚŚĞ ǁĞď ƐŝƚĞ ǁǁǁ͘ƉĂƉĂƌĞůůŝ͘ŝƚ LJŽƵ ĐĂŶ ƐĞĞ Ăůů ƚŚĞ ƉƌŽĚƵĐƚ ƌĂŶŐĞ ďƵƚ ĚŽ ŶŽƚ ŚĞƐŝƚĂƚĞ ƚŽ ĐŽŶƚĂĐƚ ƵƐ ĨŽƌ ĂŶLJ ŶĞĞĚ͖ ďLJ ƉŚŽŶĞ нϯϵ ;ϬͿ ϯϭ ϳϵϬϲϬϭ;ĂƐŬ ĨŽƌ DƌƐ͘ ŶŐĞůĂ͕ Dƌ͘ DĂƌĐŽ͕ DŝƐƐ &ƌĂŶĐĞƐĐĂ͕Ϳ Žƌ ďLJ ŵĂŝů ǁƌŝƟŶŐ ƚŽ ŝŶĨŽΛƉĂƉĂƌĞůůŝ͘ŝƚ͘ tĞ ǁŝůů ďĞ ŐůĂĚ ƚŽ ĂŶƐǁĞƌ LJŽƵ͘

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

PAPARELLI ALESSANDRO E FIGLIO SRL

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INDUSTRIAL TECHNOLOGY

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OIL AND GAS, PETROCHEMICAL, AUTOMATION

India’s Market For Nitrogen Is The World’s Fastest-Growing Major Industrial Gas Segment The Business Research Company

India’s market for nitrogen is growing at 11.2% a year, having recently accelerated from 7.5%. That places it ahead of the world’s second-fastest growing, Russia’s market, also for nitrogen, which was achieving 12.2% but has now slowed to 10.4%. China’s market for nitrogen is growing at a relatively leisurely 7.3% a year. In comparison with both China and the global average, in fact, all four of India’s major industrial gas segments – hydrogen, oxygen and carbon dioxide as well as nitrogen – are ahead in terms of annual growth.

This finding comes from a report from The Business Research Company, The Global Industrial Gas Market 2018, which also shows that the global industrial gas market grew from $66.08 billion in 2013 to $73.52 billion in 2017 at a compound annual growth rate of 2.7%, held back by negative growth for most gases in the huge North American market. Demand for industrial gases in the emerging economies generally is increasing rapidly mainly due to rising manufacturing activity. For instance, oxygen and nitrogen, produced by the industrial gas industry to meet the demand from the iron and steel smelting industries of China and India, have helped drive the Asia Pacific market for these gases at over 6% a year for oxygen and nearly 7% for nitrogen, well ahead of the global average.

By end user segments, India’s and China’s markets for industrial gases are distributed similarly, though China’s are much larger. Manufacturing, metallurgy and chemicals together absorb around 70% of industrial gases in both countries, in contrast to developed countries. Even in those like Germany, which still has a large manufacturing base, under 60% of all industrial gas sales are to heavy industry. Perhaps the most conspicuous contrast between the developed and developing economies, however, reflected in the chart, is in the proportion of industrial gas sales which go to healthcare – 5% and 4% in India and China, 15% and 20% in Germany and the UK.

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

Industrial Gases End Users Markets By Country Manufacturing

Metallurgy

Chemicals

Food & Beverages

Healthcare

India

China

Germany

UK

Others

Source: The Business Research Company

Government Policies Impact on the Industrial Gas Market While break-neck industrialization is the biggest source of volume growth for industrial gases, government policies are also influential.

Emerging market manufacturing companies, such as those in the semiconductor, medical equipment and oil and gas industries, have often received support in the form of incentives and subsidies from national and state governments, and their growth has bolstered the market for industrial gases. Similarly, government investments in infrastructure have also led to a rise in demand for industrial gases.

For instance, the Indian government provides 50% of the cost for development of infrastructure in electronic manufacturing clusters. These companies use gases such as helium to manufacture hard drives and semiconductors.

The infrastructure construction companies themselves use carbon dioxide for welding iron and steel components in construction sites, thus increasing the demand for that gas.

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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In the developed economies such as Japan, the USA, and some countries in the European Union, national and state governments are supporting environmentally-friendly alternatives to polluting products. For instance, Japan offers subsidies for hydrogen-powered cars, so driving demand for that gas. In 2015 the Tokyo Metropolitan government began subsidizing 80% of the costs of building hydrogen stations. Under the Tokyo Metropolitan Government’s plan, the city aims to have 100,000 hydrogen passenger vehicles, 100 hydrogen buses and 80 refueling stations by 2025. Buyers of fuel-cell vehicles in Tokyo will be entitled to about ¥1 million of subsidies, on top of the ¥2 million provided by Japan’s central government. The central government is planning hydrogen distribution facilities as it supports Toyota, which pioneered hybrid vehicles, to help popularize what the carmaker sees as the next generation of auto technology. Japan’s Prime Minister has said Japan intends to create a ‘hydrogen society’, with cells powered by the gas also powering homes and office buildings.

A Regulated Market While some industrial gas producers benefit from government support, all are affected by government-imposed safety regulations and consequent costs. Most national and state governments have stringent laws associated with industrial gas manufacturing, storage and distribution in order to prevent accidents and contamination. For instance, the Current Good Manufacturing Practices (CGMPs) are regulations enforced by the US Food and Drug Administration to monitor the quality of medical gases. The CGMPs regulate proper monitoring and control of manufacturing processes and facilities in the medical gases industry. Again, the European Union safety regulation REACH (registration, evaluation, authorization, and restriction of chemicals) stipulates that all chemical substances must be registered. CLP (classification, labelling and packaging of substances and mixtures) is another European Union safety regulation that focuses on the safety of consumers and workers. Complying with these regulations increases operational costs for industrial gas companies, increases which are passed on in prices or affect their profit margins and capacity to re-invest for further expansion.

High-grade Industrial Gas Markets Healthcare is an example of an industry where it is demand for high-grade industrial gases that is expanding. In addition to oxygen, which is used in medical facilities in the treatment of hypoxemia and hypoxia, carbon dioxide is used for insufflation and is often combined with oxygen or air as a respiratory stimulant to promote deep breathing.

Again, nitrous oxide, nitric oxide, and other industrial gases like hydrogen, helium and xenon are being prepared for clinical use in pharmaceutical products.

Treatments and drug developments using induced pluripotent stem cells (IPS) will bring new opportunities to the industry through the application of systems using gases such as carbon dioxide and liquid nitrogen, which are indispensable for the cultivation and preservation of cells and tissues. Similarly, population aging is leading to a rise in the incidence of medical conditions for which MRIs (magnetic resonance imaging machines) are used in diagnosis. MRIs contain helium to cool down superconductive magnets to a temperature below 10 Kelvin.

Industrial Gases And Chemicals Market Compared Industrial gases are themselves a segment of the larger chemicals market. The gas segment has been growing much faster than the wider market, a trend that is expected to continue despite acceleration of the chemicals market growth.

Global Industrial Gas And Chemicals Markets Growth Comparison

2013-2017

2017-20121

Industrial Gases

Chemicals

Source: The Business Research Company

INDUSTRIAL TECHNOLOGY editorial office

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BAGGI-LUX

Baggi-Lux, energy saving plant ĂŐŐŝͲ>Ƶdž ƐƉĞĐŝĂůŝnjĞĚ ŝŶ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ ĮďĞƌŐůĂƐƐ ƌĞŝŶĨŽƌĐĞĚ ƉůĂƐƟĐ ƐŬLJůŝŐŚƚƐ ;&ZWͿ ĂŶĚ ĂĐƌLJůŝĐ ƌĞƐŝŶ ƐŬLJůŝŐŚƚƐ ;WDD Ϳ ĂŶĚ ƉŽůLJĐĂƌďŽŶĂƚĞ ƐŬLJůŝŐŚƚƐ ;W Ϳ͘ dŚĞ ĐŽŵƉĂŶLJ ŚĂƐ ďĞĞŶ ƐƉĞĐŝĂůŝƐĞĚ ŝŶ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ ͞ƐŵŽŬĞ ĂŶĚ ŚĞĂƚ ĞǀĂĐƵĂƟŽŶ ƐLJƐƚĞŵ͟ ; E& Ϳ ĂŶĚ ƚƌĂŶƐƉŽƌƚĂƟŽŶ ŽĨ ƐŽůĂƌ ůŝŐŚƚ ĨŽƌ ŝůůƵŵŝŶĂƟŽŶ ĨŽƌ ĞůĞĐƚƌŝĐŝƚLJ ƐĂǀŝŶŐ ŝŶ ƚŚĞ ďƵŝůĚŝŶŐƐ WŽǁĞƌƉŝƉĞͲ>hy ƐLJƐƚĞŵ ŝƐ ĂŶ ŝŶŶŽǀĂƟǀĞ ĚĞǀŝĐĞ ǁŝƚŚ Ă ĚŽŵĞ ƌĞŇĞĐƚŽƌ ĐŽůůĞĐƟŽŶ ĨƵƌŶŝƚƵƌĞ ǁŚŝĐŚ ŐƵĂƌĂŶƚĞĞƐ ƚŚĞ ŐƌĞĂƚĞƐƚ ůŝŐŚƚ ĐŽŶƚƌŝďƵƟŽŶ ƚŚƌŽƵŐŚŽƵƚ ƚŚĞ ĚĂLJ͘ dŚĞ ƚƌĂĐŬŝŶŐ ƐLJƐƚĞŵ ǁŝƚŚ 'W^ ŐƵŝĚĂŶĐĞ ůŽĐĂƚĞĚ ŽŶ ƚŚĞ ƐŬLJůŝŐŚƚ ƚŚĂƚ ĐŽŶƟŶƵŽƵƐůLJ ŵŽǀĞƐ ƚŚĞ ƌĞŇĞĐƚŽƌ ŝŶ ƚŚĞ ďĞƐƚ ƉŽƐŝƟŽŶ ƚŽ ŽďƚĂŝŶ ƚŚĞ ďĞƐƚ ƌĞŇĞĐƟŽŶ ŽĨ ůŝŐŚƚ ŝŶƐŝĚĞ ĞĂĐŚ ŝŶĚŝǀŝĚƵĂů ĚĞǀŝĐĞ͘ >ŝŐŚƚ ĐĂƚĐŚŝŶŐ ĚŽŵĞ ;hE/ E ϭϴϳϯ͗ ϮϬϬϲͿ ŝƐ ŵĂĚĞ ŽĨ ĐŽŵƉĂĐƚ ƐŚŽĐŬƉƌŽŽĨ ƉŽůLJŵĞƚŚLJůŵĞƚŚĂĐƌLJůĂƚĞ ;WDD Z ^/^dͿ͖ ƚŚĞ ĞdžƉŽƐĞĚ ƉĂƌƚ ŝƐ ŶĂƚƵƌĂůůLJ ƉƌŽƚĞĐƚĞĚ ĂŐĂŝŶƐƚ hs ƌĂLJƐ͘ dŚŝƐ ƐLJƐƚĞŵ ŝƐ ĂďůĞ ƚŽ ŽīĞƌ͗ ͻ ŽŶƐŝĚĞƌĂďůĞ ĞůĞĐƚƌŝĐŝƚLJ ƐĂǀŝŶŐ ŝĨ ĐŽŵďŝŶĞĚ ǁŝƚŚ Ă ƚǁŝůŝŐŚƚ ĐŽŶƚƌŽů ŵĂŶĂŐĞŵĞŶƚ ƐLJƐƚĞŵ͘ ͻWŽƐƐŝďŝůŝƚLJ ŽĨ ůŝŐŚƚ ĞŶŐŝŶĞĞƌŝŶŐ ƌĞƉŽƌƚ ǁŝƚŚ ĐĂůĐƵůĂƟŽŶ ŽĨ ƚŚĞ ĂǀĞƌĂŐĞ ƐƵƉƉůŝĞĚ >hy ĂƐ ƌĞƋƵŝƌĞĚ ďLJ ƚŚĞ ŶĞǁ & ;ĂǀĞƌĂŐĞ ĚĂLJůŝŐŚƚ ĨĂĐƚŽƌͿ ƐƚĂŶĚĂƌĚ ƚŚĂƚ ƌĞƋƵŝƌĞƐ ƚŚĞ ĂŵŽƵŶƚ ŽĨ >hy ƉƌŽĚƵĐĞĚ͘ ^ƵŶ^ŵŽŬĞϮϬϬϬsͲ sK ŝƐ ƚŚĞ ƐŵŽŬĞ ĂŶĚ ŚĞĂƚ ĞǀĂĐƵĂƚŽƌ ĐƌĞĂƚĞĚ ďLJ ĂŐŐŝͲ>Ƶdž ƚŚĂƚ ŽƉĞŶƐ ĂƵƚŽŵĂƟĐĂůůLJ ŝŶ ĐĂƐĞ ŽĨ ƐŵŽŬĞ ĨƌŽŵ ƚŚĞ ĮƌĞ͘ /ƚ ŝƐ ƵƐĞĨƵů ƚŽ ŐĞƚ ƉĞŽƉůĞ ŽƵƚ ƋƵŝĐŬůLJ ĨƌŽŵ ƚŚĞ ƉƌĞŵŝƐĞƐ ďĞĐĂƵƐĞ ƚŚĞLJ ĐĂŶ ƐĞĞ͕ ŝƚ ŝƐ ƵƐĞĨƵů ĨŽƌ ƚŚĞ ĮƌĞĮŐŚƚĞƌƐ ǁŚŽ ŝŶƚĞƌǀĞŶĞ ƐĞĞŝŶŐ ƵƐ ĂŶĚ ƚŚĞ ƐƚƌƵĐƚƵƌĞƐ ƌĞŵĂŝŶ ĐŽůĚĞƌ͘ dŚĞ EĂƚƵƌĂů ^ŵŽŬĞ ĂŶĚ ,ĞĂƚ džŚĂƵƐƚ ǀĞŶƟůĂƚŽƌ ^͘,͘ ͘s͘ ͞^ƵŶ^ŵŽŬĞ ϮϬϬϬsͲ sK͕͟ ŵĂĚĞ ǁŝƚŚ ƚŚĞ ĐŚĂƌĂĐƚĞƌŝƐƟĐƐ ƐƉĞĐŝĮĞĚ ŝŶ ƚŚĞ ƐƚĂŶĚĂƌĚ ;hE/ E ϭϮϭϬϭͲϮ͗ ϮϬϬϰͿ͕ ǁŝƚŚ ĞƌƟĮĐĂƚĞ EŽ͘ Ϭϰϵϳͬ WZͬϰϰϱϰ ƉƵƌƐƵĂŶƚ ƚŽ ƚŚĞ ŽŶƐƚƌƵĐƟŽŶ WƌŽĚƵĐƚƐ ŝƌĞĐƟǀĞ ϴϵͬϭϬϲͬ ͕ ĂƐ ĂŵĞŶĚĞĚ ďLJ ƚŚĞ ŝƌĞĐƟǀĞ ; W Ϳ ϵϯͬϲϴͬ ͕ ƵƌŽƉĞĂŶ ZĞŐƵůĂƟŽŶ ; WZͿ ϯϬϱͬϮϬϭϭͬ h͕ ͻ ůĂƐƐŝĮĐĂƟŽŶ͗ ZĞůŝĂďŝůŝƚLJ ZĞϯϬϬ͕ KƉĞŶŝŶŐ ƵŶĚĞƌ ůŽĂĚ ^>ϵϬϬ͕ >Žǁ ĞŶǀŝƌŽŶŵĞŶƚ ƚĞŵƉĞƌĂƚƵƌĞ d ;ϬϬͿ͕ tŝŶĚ ůŽĂĚ t>ϭϱϬϬ͕ ,ĞĂƚ ƌĞƐŝƐƚĂŶĐĞ ϯϬϬ &Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ǁǁǁ͘ďĂŐŐŝůƵdžƚĞĐŶŝĐĂ͘ĐŽŵ ƉĂŽůŽΛďĂŐŐŝͲůƵdž͘ĐŽŵ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

BAGGI-LUX

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INDUSTRIAL TECHNOLOGY

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OIL AND GAS, PETROCHEMICAL, AUTOMATION

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FMB

FMB, LQGXVWULDO EDQGVDZV DQG GULOOLQJ machines

dŽ ŐĂŝŶ ĐƵƐƚŽŵĞƌ ůŽLJĂůƚLJ LJŽƵ ĚŽ ŶŽƚ ŶĞĞĚ ƐƉĞĐŝĂů ĞīĞĐƚƐ͘ zŽƵ ũƵƐƚ ŶĞĞĚ Ă ƋƵĂůŝƚLJ ƉŽůŝĐLJ͘ ZĞůŝĂďŝůŝƚLJ͕ ƚĞĐŚŶŽůŽŐLJ ĂŶĚ ƐŽůŝĚŝƚLJ͘ &D ĨŽĐƵƐĞĚ ŽŶ ƚŚĞƐĞ ƐŝŵƉůĞ ůĞǀĞƌƐ͗ ĞƌŐĂŵŽ͛Ɛ ĞŶƚƌĞƉƌĞŶĞƵƌŝĂů ƌĞĂůŝƚLJ ƚŚĂƚ ƐŝŶĐĞ ϭϵϴϮ ĐŽŶƐƚĂŶƚůLJ ƐƚƌĞŶŐƚŚĞŶĞĚ ŝƚƐ ƉƌĞƐĞŶĐĞ ĂŶĚ ĂƵƚŚŽƌŝƚLJ ŽŶ ƚŚĞ ŝŶƚĞƌŶĂƟŽŶĂů ďĂŶĚ ƐĂǁ ĂŶĚ ĚƌŝůůŝŶŐ ŵĂĐŚŝŶĞƐ ŵĂƌŬĞƚ͘ KƵƌ ƚĞĐŚŶŝĐĂů ĚĞƉĂƌƚŵĞŶƚ ŝƐ ƚŚĞ ŚĞĂƌƚ ŽĨ ŽƵƌ ĐŽŵƉĂŶLJ͗ ŚĞƌĞ ĂƌŝƐĞƐ ƚŚĞ ĐĂƌĞĨƵů ƉůĂŶŶŝŶŐ ŽĨ ŽƵƌ ŵĂĐŚŝŶĞƐ͕ ďƵŝůƚ ĂŶĚ ƚĞƐƚĞĚ ƚŽ ŐƵĂƌĂŶƚĞĞ ƵŶŵĂƚĐŚĞĚ ƉĞƌĨŽƌŵĂŶĐĞƐ͘ ĚĂƉƟŶŐ ƚŚĞ ŐĞŶĞƌŝĐ ĨĞĂƚƵƌĞƐ ŽĨ ƚŚĞ ŵĂĐŚŝŶĞ ƚŽ ƚŚĞ ƐƉĞĐŝĮĐ ĞŶĚ ƵƐĞƌ ƌĞƋƵŝƌĞŵĞŶƚƐ ŚĂƐ ďĞĞŶ͕ ƐŝŶĐĞ ƚŚĞ ďĞŐŝŶŶŝŶŐ͕ ƚŚĞ ĞůĞŵĞŶƚ ƚŚĂƚ ŚĂƐ ĂůůŽǁĞĚ &D ƚŽ ƐŽŽŶ ĞƐƚĂďůŝƐŚ ŝƚƐĞůĨ ĂƐ Ă ŵĂũŽƌ ƉůĂLJĞƌ ŽŶ ƚŚĞ /ƚĂůŝĂŶ ĂŶĚ ĨŽƌĞŝŐŶ ŵĂƌŬĞƚ͘ ĂĐŚ ƐƚĞƉ ŽĨ ƉƌŽĚƵĐƟŽŶ ʹ ƌƵůĞĚ ďLJ ƚĞĐŚŶŽůŽŐŝĐĂů ĂŶĚ ĐLJďĞƌ ƐLJƐƚĞŵƐ ʹ ĞŶĚƐ ǁŝƚŚ ĞůĞĐƚƌŽŵĞĐŚĂŶŝĐĂů ƚĞƐƚƐ ĂŵŽŶŐ ƚŚĞ ƐƚƌŝĐƚĞƐƚ ŝŶ ŽƵƌ ƐĞĐƚŽƌ͘ 'ƵĂƌĂŶƚĞĞŝŶŐ Ă ĮŶĂů ĞdžĐĞůůĞŶƚ ƉƌŽĚƵĐƚ ŝƐ Ă ƚĂƌŐĞƚ͕ ďƵƚ ŶŽƚ ƚŚĞ ŽŶůLJ ŽŶĞ ĨŽƌ &D ͘ KƵƌ ĞŶƚĞƌƉƌŝƐĞ ƉŚŝůŽƐŽƉŚLJ ŝƐ ŽƌŝĞŶƚĞĚ ƚŽ ĞŶǀŝƌŽŶŵĞŶƚĂů ƐƵƐƚĂŝŶĂďŝůŝƚLJ͕ ƚĞƌƌŝƚŽƌLJ ĂŶĚ ŚƵŵĂŶ ƌĞƐŽƵƌĐĞƐ ƉƌŽŵŽƟŽŶ͘ ŐĂŝŶƐƚ ƚŚĞ ůŽŐŝĐ ďĂƐĞĚ ĞdžĐůƵƐŝǀĞůLJ ŽŶ ƚŚĞ ƉŽǁĞƌ ŽĨ ƉƌŝĐĞ͕ &D ĐŚŽƐĞ Ă ŵŽƌĞ ĨĂƌƐŝŐŚƚĞĚ ƉŽůŝĐLJ͕ ĂŝŵĞĚ Ăƚ ƚŚĞ ƉƌŽŵŽƟŽŶ ŽĨ Ă ŐĞŶƵŝŶĞ ŵĂĚĞ ŝŶ /ƚĂůLJ ďĂƐĞĚ ŽŶ ŚŝŐŚ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ƋƵĂůŝƚLJ ĐŽŵƉŽŶĞŶƚƐ ĂŶĚ ƐŬŝůůĞĚ ůĂďŽƵƌ͘ ƵƐƚŽŵĞƌ͛Ɛ ůŽLJĂůƚLJ ŝƐ ŶŽǁ Ă ƌĞĂĐŚĞĚ ŐŽĂů͕ ƚŚĂŶŬƐ ƚŽ ŽƵƌ ƚƌĂĚĞ ƉŽůŝĐLJ ŐĞĂƌĞĚ ƚŽǁĂƌĚƐ ͞ĐƵƐƚŽŵĞƌ͛Ɛ ƐĂƟƐĨĂĐƟŽŶ͘͟ ŐůŽďĂů͕ ĐĂƉŝůůĂƌLJ ƐĂůĞƐ ŶĞƚǁŽƌŬ ĂŶĚ Ă ƉƌŽŵƉƚ ĂŶĚ ĞĸĐŝĞŶƚ ŚĞůƉůŝŶĞ͕ ƉĞƌŵŝƚ ƚŽ ĐŽŶƐŽůŝĚĂƚĞĚ ĂŶĚ ŶĞǁ ĐƵƐƚŽŵĞƌƐ ƚŽ ŶĞǀĞƌ ĨĞĞů ĂůŽŶĞ͘ dŚĞ ƐĞƌŝŽƵƐŶĞƐƐ ŽĨ ŽƵƌ ĐŽŵƉĂŶLJ ĐĂŶ ďĞ ĞĂƐŝůLJ ŵĞĂƐƵƌĞĚ ƚŚƌŽƵŐŚ ĂŶŽƚŚĞƌ ƉĂƌĂŵĞƚĞƌ͗ ŝƚ ŝƐ ƉŽƐƐŝďůĞ ƚŽ ƋƵŝĐŬůLJ ŽďƚĂŝŶ ŽĸĐŝĂů ƐƉĂƌĞ ƉĂƌƚƐ ĨŽƌ ŽƵƚĚĂƚĞĚ ĂŶĚ ŶŽ ůŽŶŐĞƌ ŝŶ ƉƌŽĚƵĐƟŽŶ ŵĂĐŚŝŶĞƐ͘ dŚĞ ĐƵƐƚŽŵĞƌ͛Ɛ ĐĞŶƚƌĂůŝƚLJ ŝƐ ƉƌŽǀĞĚ ďLJ ƐƉĞĐŝĮĐ ĂƐƐŝƐƚĂŶĐĞ ƉƌŽŐƌĂŵƐ ĐĂƌƌŝĞĚ ŽƵƚ Ăƚ ŽƵƌ ŚĞĂĚƋƵĂƌƚĞƌ͕ ĨŽƌ ŵĂŝŶƚĞŶĂŶĐĞ ŝŶƚĞƌǀĞŶƟŽŶ ĂŶĚ ƐƉĞĐŝĮĐ ƚƌĂŝŶŝŶŐ͘ /ƚ ŝƐ ŝŶ ƚŚĞ ƐŚĂƌŝŶŐ ŽĨ ŬŶŽǁͲŚŽǁ ďĞƚǁĞĞŶ ĐŽŵƉĂŶLJ ĂŶĚ ĐƵƐƚŽŵĞƌ ƚŚĂƚ ůŝĞƐ͕ ĨŽƌ &D ͕ Ă ǀŝƌƚƵŽƵƐ ƉƌĂĐƟĐĞ ƚŽ ďĞ ƉĞƌƉĞƚƌĂƚĞĚ ĚĂLJ ďLJ ĚĂLJ͘ dŚĞƐĞ ĂƌĞ ƚŚĞ W>h^ ƚŚĂƚ ĨŽƌ ϯϱ LJĞĂƌƐ ŚĂǀĞ ŵĂĚĞ ƚŚĞ ĚŝīĞƌĞŶĐĞ ŝŶ &D ͘

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FRIDLE GROUP

Fridle Group, a leading Italian FRPSDQ\ LQ WKH GLVWULEXWLRQ RI sealing solutions

&ƌŝĚůĞ 'ƌŽƵƉ ŝƐ Ă ůĞĂĚŝŶŐ /ƚĂůŝĂŶ ĐŽŵƉĂŶLJ ŝŶ ƚŚĞ ĚŝƐƚƌŝďƵƟŽŶ ŽĨ ƐĞĂůŝŶŐ ƐŽůƵƟŽŶƐ͕ ŇƵŝĚ ĐŽŶŶĞĐƚŽƌƐ ĂŶĚ ŚLJĚƌĂƵůŝĐ ĐŽŵƉŽŶĞŶƚƐ ƵƐĞĚ ŝŶ ƚŚĞ ŵŽƐƚ ĚŝǀĞƌƐĞ ŝŶĚƵƐƚƌŝĂů ƐĞĐƚŽƌƐ͕ ŝŶĐůƵĚŝŶŐ͗ DĞĐŚĂŶŝĐƐ͕ &ŽŽĚ Θ ĞǀĞƌĂŐĞ͕ ŚĞŵŝĐĂů͕ WŚĂƌŵĂĐĞƵƟĐĂů Θ ŝŽŵĞĚŝĐĂů ĂŶĚ Kŝů Θ 'ĂƐ͘ tŝƚŚ ƚŚĞ Ăŝŵ ŽĨ ƉƌŽǀŝĚŝŶŐ ƐƵƉƉůŝĞƐ ƚŽ ŽǀĞƌ Ϯ͕ϱϬϬ ĐƵƐƚŽŵĞƌƐ ǁŽƌůĚǁŝĚĞ ĂŶĚ Ă ƋƵĂůŝĮĞĚ ƚĞĐŚŶŝĐĂů ĐŽŶƐƵůƟŶŐ ƐĞƌǀŝĐĞ ŐĞĂƌĞĚ ƚŽ ƚŚĞ ƐƉĞĐŝĮĐ ŶĞĞĚƐ ŽĨ ƚŚĞ ĐƵƐƚŽŵĞƌ͕ &ƌŝĚůĞ 'ƌŽƵƉ ĞŵƉůŽLJƐ Ă ƚĞĂŵ ŽĨ ϳϱ ŵĞŵďĞƌƐ ŽĨ ƐƚĂī ǁŚŽ ĂƌĞ ĚŝǀĞƌƐŝĮĞĚ ďLJ ƐƉĞĐŝĂůŝƐĂƟŽŶ͕ ŝŶ ŽƌĚĞƌ ƚŽ ƐƵŐŐĞƐƚ ƚŚĞ ŵŽƐƚ ƐƵŝƚĂďůĞ ĂŶĚ ĞīĞĐƟǀĞ ƚĞĐŚŶŝĐĂů ƐŽůƵƟŽŶ ƚŚĂƚ ĨƵůůLJ ŵĞĞƚƐ ƚŚĞ ĐƵƐƚŽŵĞƌ͛Ɛ ŶĞĞĚƐ͘ dŚĞ ƐŽůƵƟŽŶƐ ƐƵŐŐĞƐƚĞĚ ďLJ &ƌŝĚůĞ 'ƌŽƵƉ ƚŽ ƚŚĞ ŝŶĚƵƐƚƌŝĂů ŵĂƌŬĞƚ ĚĞƌŝǀĞ ĨƌŽŵ Ă ƚŚŽƌŽƵŐŚ ƐĞůĞĐƟŽŶ ŽĨ ŝƚƐ ƐƚƌĂƚĞŐŝĐ ƉĂƌƚŶĞƌƐ ƚŚƌŽƵŐŚŽƵƚ ƚŚĞ ĐŽŵƉĂŶLJ͛Ɛ ϰϬ LJĞĂƌƐ ŽĨ ďƵƐŝŶĞƐƐ͕ ĐŽŶƐŝƐƟŶŐ ŽĨ ǁŽƌůĚͲůĞĂĚŝŶŐ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ĐŽŵƉĂŶŝĞƐ ǁŝƚŚ ǁŚŝĐŚ &ƌŝĚůĞ 'ƌŽƵƉ ŚĂƐ ĞƐƚĂďůŝƐŚĞĚ ĂŶĚ ĐŽŶƐŽůŝĚĂƚĞĚ ŝŵƉŽƌƚĂŶƚ ƉĂƌƚŶĞƌƐŚŝƉƐ͘

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

KŶĞ ŽĨ &ƌŝĚůĞ 'ƌŽƵƉ͛Ɛ ƐƚƌĞŶŐƚŚƐ ŝƐ ŝƚƐ ǀĂƐƚ͕ ĨƵůůLJ ĂƵƚŽŵĂƚĞĚ ǁĂƌĞŚŽƵƐĞ ĂƌĞĂƐ͘ dŚĞ ƐƚŽƌĂŐĞ ĂŶĚ ƐŽƌƟŶŐ ĨĂĐŝůŝƟĞƐ ĐŽŶƚĂŝŶ ŽǀĞƌ ϭϮϬ͕ϬϬϬ ƉƌŽĚƵĐƚ ƌĞĨĞƌĞŶĐĞƐ ĂŶĚ ĂƌŽƵŶĚ ϭϱ ŵŝůůŝŽŶ ƉŝĞĐĞƐ ƚŚĂƚ ŵĂŬĞ ƚŚĞ &ƌŝĚůĞ 'ƌŽƵƉ ǁĂƌĞŚŽƵƐĞ ƚŚĞ ŵŽƐƚ ĂƐƐŽƌƚĞĚ ŝŶ ƵƌŽƉĞ ǁŝƚŚ Ă ǀĂůƵĞ ĞƋƵŝǀĂůĞŶƚ ƚŽ ŽǀĞƌ ϱ ŵŝůůŝŽŶ ĞƵƌŽƐ͘ dŚĂŶŬƐ ƚŽ ĂŶ ĞĸĐŝĞŶƚ ŝŶƚĞŐƌĂƚĞĚ /d ƐLJƐƚĞŵ͕ ƚŚĞ ĐŽŵƉĂŶLJ ŝƐ ĂďůĞ ƚŽ ŵĂŶĂŐĞ ƚŚĞ ĐƵƐƚŽŵĞƌ͛Ɛ ŽƌĚĞƌ ŝŶ ƌĞĂů ƟŵĞ ĂŶĚ ƉƌŽŵƉƚůLJ ŽƌŐĂŶŝƐĞ ŝƚƐ ƐŚŝƉŵĞŶƚ ƚŽ ĂŶLJǁŚĞƌĞ ŝŶ ƚŚĞ ǁŽƌůĚ͘ ǁǁǁ͘ĨƌŝĚůĞ͘ŝƚ

A WORLD OF SEALING SOLUTIONS, FLUID CONNECTORS AND HYDRAULIC COMPONENTS Fridle Group brand tours around the world Operators of all industries located int the UAE, have recognized Fridle Group as a competent, well organized and extremely fast DISTRIBUTOR.

> over 15.000.000 pieces ready for shipment > over 120.000 different product references > a fully integrated logistic system allow Fridle Group to manage orders in real time and organize shipments all over the world, with the simplicity and speed of deliveries next door.

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FRIDLE GROUP

Hydraulic seals

High performance rotary seals

Wd& ƐĞĂůƐ

^ĞĂůŝŶŐ ƐŽůƵƟŽŶƐ ĨŽƌ W/, Kŝů Θ 'ĂƐ ĂŶĚ ůŽǁ ƚĞŵƉĞƌĂƚƵƌĞ ĂƉƉůŝĐĂƟŽŶƐ

Hydraulic hoses

&ŝƫŶŐƐ ĂŶĚ ƋƵŝĐŬ ƌĞůĞĂƐĞ ĐŽƵƉůŝŶŐƐ

DĞĂƐƵƌŝŶŐ ƐŽůƵƟŽŶƐ

Hydraulic components

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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TOSI F.LLI

Tosi F.lli and MMV produce small EUDVV SDUWV RQ FXVWRPHU GUDZLQJV

dŽƐŝ &͘ůůŝ ĂŶĚ DDs ƉƌŽĚƵĐĞ ƐŵĂůů ďƌĂƐƐ ƉĂƌƚƐ ŽŶ ĐƵƐƚŽŵĞƌ ĚƌĂǁŝŶŐƐ͘ dŚĞ ƉƌŽĚƵĐƟŽŶ ƐƚĂƌƚƐ ĨƌŽŵ ďƌĂƐƐ ďĂƌƐ ĂŶĚ ŝƚ ŝƐ ƉĞƌĨŽƌŵĞĚ ǁŝƚŚ ŚŝŐŚͲƚĞĐŚ ŵĂĐŚŝŶĞƌLJ ĐŽŶĚƵĐƚĞĚ ďLJ ƐƉĞĐŝĂůŝnjĞĚ ƚĞĐŚŶŝĐŝĂŶƐ ƚŚĂƚ ĂůůŽǁ Ă ŚŝŐŚ ƉƌŽĚƵĐƟŽŶ ĐĂƉĂĐŝƚLJ ƐƵƉƉŽƌƚĞĚ ďLJ ĂŶ ĞĸĐŝĞŶƚ ĂŶĚ ƐLJƐƚĞŵĂƟĐ ƋƵĂůŝƚLJ ĐŽŶƚƌŽů ĂĐĐŽƌĚŝŶŐ ƚŽ ƚŚĞ hE/ E /^K ϵϬϬϭ ƐƚĂŶĚĂƌĚƐ ĂŶĚ ƚĞĐŚŶŝĐĂů ƐƉĞĐŝĮĐĂƟŽŶ /^K d^ ϭϲϵϰϵ ǁŝƚŚ ƚŚĞ ĂŝĚ ŽĨ ĞůĞĐƚƌŽŶŝĐ ŝŶƐƚƌƵŵĞŶƚƐ͘ dŚĞ ƚǁŽ ĐŽŵƉĂŶŝĞƐ ƌĞƉƌĞƐĞŶƚ ĂŶ ŝŵƉŽƌƚĂŶƚ ƌĞĂůŝƚLJ ŝŶ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ ƐŵĂůů ŵĞƚĂů ƉĂƌƚƐ ǁŝƚŚ Ă ƚŽƚĂů ƚƵƌŶŽǀĞƌ ŽĨ ŽǀĞƌ ϯϬ ŵŝůůŝŽŶ ĞƵƌŽƐ͕ ĞŵƉůŽLJ ϭϲϮ ƉĞŽƉůĞ ŽŶ ƚǁŽ ƉƌŽĚƵĐƟŽŶ ƐŝƚĞƐ ŝŶ sĂƌĂůůŽ ĂŶĚ ^ĐŽƉĂ͕ ĚŝƌĞĐƚ ƉƌĞƐĞŶĐĞ ŝŶ 'ĞƌŵĂŶLJ͕ WŽůĂŶĚ ĂŶĚ ZƵƐƐŝĂ ĂƐ ǁĞůů ĂƐ ĂŶ ĞdžƚĞŶƐŝǀĞ ŝŶƚĞƌŶĂƟŽŶĂů ŶĞƚǁŽƌŬ ŽĨ ƌĞƉƌĞƐĞŶƚĂƟǀĞƐ͕ ĂŐĞŶƚƐ ĂŶĚ ĚŝƐƚƌŝďƵƚŽƌƐ͘ &ĂƌƐŝŐŚƚĞĚŶĞƐƐ ĂŶĚ ĞŶƚƌĞƉƌĞŶĞƵƌŝĂů ƐƉŝƌŝƚ ůĞĚ ƚŽ ƚŚĞ ĞdžƉůŽƌĂƟŽŶ ŽĨ ŽƚŚĞƌ ŝŶĚƵƐƚƌŝĂů ƐĞĐƚŽƌƐ͕ ŝĚĞŶƟĨLJŝŶŐ ƚŚĂƚ ŽĨ ƵƚŽŵŽƟǀĞ ŽŵƉŽŶĞŶƚƐ ĂƐ Ă ƉŽƐƐŝďůĞ ŝŶƚĞƌĞƐƚ ĨŽƌ ƚŚĞ ĞdžƉĂŶƐŝŽŶ ŽĨ ĐŽŵƉĂŶLJ ĂĐƟǀŝƟĞƐ͘ dŚĞ ƌĞƐĞĂƌĐŚ ůĞĚ ŝŶ ϮϬϬϬ ƚŽ ƚŚĞ ĂĐƋƵŝƐŝƟŽŶ ŽĨ ƚŚĞ ^ŝƌŝƚ ĐŽŵƉĂŶLJ͕ ǁŚŝĐŚ ƉƌŽĚƵĐĞƐ ĮƫŶŐƐ ĨŽƌ ďƌĂŬŝŶŐ ƐLJƐƚĞŵƐ ĨŽƌ ŝŶĚƵƐƚƌŝĂů ǀĞŚŝĐůĞƐ͘ ^ŝƌŝƚ ƌĞƉƌĞƐĞŶƚƐ ƚŚĞ ŐƌĞĂƚĞƐƚ ŽƉƉŽƌƚƵŶŝƚLJ ĨŽƌ ƚŚĞ ĨƵƚƵƌĞ ŽĨ ƚŚĞ 'ƌŽƵƉ͕ ŚĂǀŝŶŐ ŝŶ ĨĂĐƚ Ă ĚĞĚŝĐĂƚĞĚ ZΘ ĚĞƉĂƌƚŵĞŶƚ ƚŚĂƚ ĞǀŽůǀĞƐ ƚŚĞ ƉƌŽĚƵĐƚƐ ŝŶ ŽƌĚĞƌ ƚŽ ŵĂŬĞ ƚŚĞŵ ĐŽŵƉĞƟƟǀĞ͘

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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SCHULER PRESSEN GMBH

Smart, fast and safe: the MSP 400

Schuler’s newly developed and fully networked VHUYR SUHVV FDQ LQFUHDVH HƯFLHQF\ DQG HƪHFWLYHQHVV LQ SURGXFWLRQ

^ĐŚƵůĞƌ͛Ɛ ŶĞǁ D^W ϰϬϬ ŽīĞƌƐ ŵĂŶLJ ƐŵĂƌƚ ĨƵŶĐƟŽŶƐ͕ ŚŝŐŚ ƉƌŽĚƵĐƟǀŝƚLJ͕ ƉƌŽĐĞƐƐ ƌĞůŝĂďŝůŝƚLJ ĂŶĚ ŝŶƚƵŝƟǀĞ ŽƉĞƌĂďŝůŝƚLJ Göppingen, 07/12/2018 ʹ WƌĞƐƐ ƉůĂŶƚƐ ĂƌĞ ĨĂĐŝŶŐ ĐŽŶƐƚĂŶƚůLJ ŝŶĐƌĞĂƐŝŶŐ ĐŚĂůůĞŶŐĞƐ ǁŝƚŚ ƌĞŐĂƌĚƐ ƚŽ Ă ŚŝŐŚĞƌ ĞĸĐŝĞŶĐLJ ĂŶĚ ĞīĞĐƟǀĞŶĞƐƐ ŝŶ ƉƌŽĚƵĐƟŽŶ ʹ ƚŚŝƐ ŝƐ ƚŚĞ ĐĂƐĞ ĨŽƌ ďŽƚŚ ĂƵƚŽŵŽďŝůĞ ŵĂŶƵĨĂĐƚƵƌĞƌƐ ĂŶĚ ƚŚĞ ƐƵƉƉůŝĞƌ ŝŶĚƵƐƚƌLJ͘ ^ĐŚƵůĞƌ͛Ɛ ŶĞǁ D^W ϰϬϬ ƐĞƌǀŽ ƉƌĞƐƐ ŽīĞƌƐ Ă ƐŽůƵƟŽŶ ĨŽƌ ŵĂŶLJ ĐĂƐĞƐ͘ dŚĞ ϰϬϬ ƚŽŶ ƉƌĞƐƐ͕ ǁŚŝĐŚ ŝƐ ƐƵŝƚĂďůĞ ĨŽƌ ďŽƚŚ ƉƌŽŐƌĞƐƐŝǀĞ ĂŶĚ ƚƌĂŶƐĨĞƌ ŵŽĚĞ͕ ĐĂŶ ƚƌĂǀĞů Ăƚ ĂŶ ŽƐĐŝůůĂƟŶŐ ƐƚƌŽŬĞ ŽĨ ƵƉ ƚŽ ϳϬ ƐƚƌŽŬĞƐ ƉĞƌ ŵŝŶƵƚĞ ƚŚĂŶŬƐ ƚŽ ƚŚĞ ŚŝŐŚůLJ ĚLJŶĂŵŝĐ ƐĞƌǀŽ ĚƌŝǀĞƐ͕ ĂŶĚ ƚŚƵƐ ŽīĞƌƐ ŚŝŐŚ ƉĞƌĨŽƌŵĂŶĐĞ ŝŶ ƚŚŝƐ ƉƌŝĐĞ ƐĞŐŵĞŶƚ͘ ^ĐŚƵůĞƌ ŚĂƐ ĚĞƐŝŐŶĞĚ ƚŚĞ ĐŽŶƚƌŽů ŽĨ ƚŚĞ ŵĂĐŚŝŶĞ ŝŶ ƚŚĞ ƐƚLJůĞ ŽĨ ĂŶ ŝŶƚƵŝƟǀĞ ƐŵĂƌƚƉŚŽŶĞ ĂƉƉ͗ ŽƉĞƌĂƚŽƌƐ ĐĂŶ ƐĞůĞĐƚ ĨƌŽŵ ƉƌĞĚĞĮŶĞĚ ŵŽǀĞŵĞŶƚ ƉƌŽĮůĞƐ Žƌ ƉƌŽŐƌĂŵ ƚŚĞŵ ĨƌĞĞůLJ͘ dŚŝƐ ƐŝŐŶŝĮĐĂŶƚůLJ ƌĞĚƵĐĞƐ ƚŚĞ ŝŶŚŝďŝƟŽŶ ƚŚƌĞƐŚŽůĚ ĨŽƌ ĞdžƉůŽŝƟŶŐ ƚŚĞ ŵĂĐŚŝŶĞ͛Ɛ ƉŽƚĞŶƟĂů͘ dŚĂŶŬƐ ƚŽ ƚŚĞ ŬŝŶĞŵĂƟĐƐ ŽĨ ƚŚĞ ŬŶƵĐŬůĞͲũŽŝŶƚ ĚƌŝǀĞ͕ ĨŽƌŵŝŶŐ Ăƚ ƚŚĞ ďŽƩŽŵ ĚĞĂĚ ĐĞŶƚĞƌ ŝƐ ĂůƐŽ ƐůŽǁĞƌ ŝŶ ŝƚƐĞůĨ͘ dŚŝƐ ŵĞĂŶƐ ƚŚĂƚ ƌĞĂĚũƵƐƚŵĞŶƚ ǀŝĂ ƚŚĞ ƐĞƌǀŽ ĚƌŝǀĞ ŝƐ ŶŽƚ ĂůǁĂLJƐ ŶĞĐĞƐƐĂƌLJ͘ dŚĞ ͞^ŵĂƌƚ ƐƐŝƐƚ͟ ƐŽŌǁĂƌĞ ŐƵŝĚĞƐ ƚŚĞ ŽƉĞƌĂƚŽƌ ƐƚĞƉͲďLJͲ ƐƚĞƉ ƚŚƌŽƵŐŚ ƚŚĞ ƐĞƚƵƉ ƉƌŽĐĞƐƐ͕ ƐƵƉƉŽƌƚĞĚ ďLJ ƐŵĂůů ǀŝĚĞŽƐ ĂŶĚ ƚĞdžƚ ŵŽĚƵůĞƐ͘ dŚĞ ĞůĞĐƚƌŽŶŝĐ ĂƐƐŝƐƚĂŶƚ ŽƉƟŵŝnjĞƐ ƚŚĞ ƚƌĂŶƐĨĞƌ ĂŶĚ ƐůŝĚĞ ƉƌŽĮůĞƐ ƚŽ ŵĂdžŝŵƵŵ ŽƵƚƉƵƚ ĚĞƉĞŶĚŝŶŐ dŚĞ ͞^ŵĂƌƚ ƐƐŝƐƚ͟ ƐŽŌǁĂƌĞ ŐƵŝĚĞƐ ƚŚĞ ŽƉĞƌĂƚŽƌ ƐƚĞƉͲ ŽŶ ƚŚĞ ĐůĞĂƌĂŶĐĞ ƉƌŽĮůĞƐ ʹ Ă ĐŽŵƉůĞdž ƉƌŽĐĞƐƐ ƚŚĂƚ ƵƐĞĚ ďLJͲƐƚĞƉ ƚŚƌŽƵŐŚ ƚŚĞ ƐĞƚƵƉ ƉƌŽĐĞƐƐ͕ ƐƵƉƉŽƌƚĞĚ ďLJ ǀŝĚĞŽƐ ƚŽ ƚĂŬĞ Ă ůŽƚ ŽĨ ƟŵĞ͘ ĂŶĚ ƚĞdžƚ͘ (photos credit by Schuler)

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

WƌŽĐĞƐƐ ŵŽŶŝƚŽƌ ŝŶƚĞŐƌĂƚĞĚ ŝŶ ƚŚĞ ĐŽŶƚƌŽů ƵŶŝƚ dŚĞ ƉƌŽĐĞƐƐ ŵŽŶŝƚŽƌ ŝŶƚĞŐƌĂƚĞĚ ŝŶ ƚŚĞ ĐŽŶƚƌŽů ƵŶŝƚ ŽīĞƌƐ ĞdžƚĞŶƐŝǀĞ ŵŽŶŝƚŽƌŝŶŐ ŽƉƟŽŶƐ͘ dŚŝƐ ĞŶƐƵƌĞƐ ŽǀĞƌůŽĂĚ ƉƌŽƚĞĐƟŽŶ ĂĐƌŽƐƐ ƚŚĞ ĞŶƟƌĞ ĐŽƵƌƐĞ ŽĨ ƚŚĞ ƉƌĞƐƐ ĨŽƌĐĞ ƉƌŽĮůĞ ĂŶĚ ƚŚĞ ĞŶƟƌĞ ŵŽǀĞŵĞŶƚ ƉƌŽĮůĞ͖ Ă ŵŝŶŝŵƵŵ ĂŶĚ ŵĂdžŝŵƵŵ ĨŽƌĐĞ ĐĂŶ ďĞ ĚĞĮŶĞĚ ĨŽƌ ĞīĞĐƟǀĞ ƉƌŽƚĞĐƟŽŶ ŽĨ ƚŚĞ ĚŝĞ͘ dŚĞ ƌĞƐƉŽŶƐĞ ƟŵĞƐ ŽĨ ƚŚĞ ĞůĞĐƚƌŽŶŝĐĂůůLJ ĚĞƐŝŐŶĞĚ ŽǀĞƌůŽĂĚ ƉƌŽƚĞĐƟŽŶ ĚĞǀŝĐĞ ĂƌĞ ŝŶ ƚŚĞ ƌĂŶŐĞ ŽĨ Ă ĨĞǁ ŵŝůůŝƐĞĐŽŶĚƐ͕ ǁŚŝĐŚ ŝƐ ĨĂƐƚĞƌ ƚŚĂŶ ǁŝƚŚ Ă ŚLJĚƌĂƵůŝĐ ŽǀĞƌůŽĂĚ ƉƌŽƚĞĐƟŽŶ ĚĞǀŝĐĞ͘ dŚĞ ƉƌĞƐƐ ĐĂŶ ďĞ ƵƐĞĚ ĂŐĂŝŶ ŝŵŵĞĚŝĂƚĞůLJ ĂŌĞƌ ĂŶ ŽǀĞƌůŽĂĚ ŚĂƐ ďĞĞŶ ĚĞƚĞĐƚĞĚ͘

ďŽƵƚ ƚŚĞ ^ĐŚƵůĞƌ 'ƌŽƵƉ ʹ ǁǁǁ͘ƐĐŚƵůĞƌŐƌŽƵƉ͘ĐŽŵ Schuler is the technological and global market leader in ƚŚĞ ĮĞůĚ ŽĨ ĨŽƌŵŝŶŐ ƚĞĐŚŶŽůŽŐLJ͘ dŚĞ ĐŽŵƉĂŶLJ ƉƌŽǀŝĚĞƐ ƉƌĞƐƐĞƐ͕ ĂƵƚŽŵĂƟŽŶ ƐŽůƵƟŽŶƐ͕ ĚŝĞƐ͕ ƉƌŽĐĞƐƐ ĞdžƉĞƌƟƐĞ ĂŶĚ ƐĞƌǀŝĐĞ ĨŽƌ ƚŚĞ ĞŶƟƌĞ ŵĞƚĂůǁŽƌŬŝŶŐ ŝŶĚƵƐƚƌLJ ĂŶĚ ĨŽƌ ůŝŐŚƚǁĞŝŐŚƚ ĂƵƚŽŵŽďŝůĞ ĐŽŶƐƚƌƵĐƟŽŶ͘ /ƚƐ ĐƵƐƚŽŵĞƌƐ ŝŶĐůƵĚĞ ĂƵƚŽŵŽƟǀĞ ŵĂŶƵĨĂĐƚƵƌĞƌƐ ĂŶĚ ƐƵƉƉůŝĞƌƐ͕ ĂƐ ǁĞůů ĂƐ ĐŽŵƉĂŶŝĞƐ ŝŶ ƚŚĞ ĨŽƌŐŝŶŐ͕ ŚŽƵƐĞŚŽůĚ ĂƉƉůŝĂŶĐĞ͕ packaging, energy and electronics industries. Schuler is Ă ůĞĂĚŝŶŐ ƐƵƉƉůŝĞƌ ŽĨ ŵŝŶƟŶŐ ƉƌĞƐƐĞƐ ĂŶĚ ŝŵƉůĞŵĞŶƚƐ ƐLJƐƚĞŵ ƐŽůƵƟŽŶƐ ĨŽƌ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ĚŝīĞƌĞŶƚ ŚŝŐŚͲƚĞĐŚ ƐĞĐƚŽƌƐ͘ /Ŷ ƚŚĞ ϮϬϭϳ ĮƐĐĂů LJĞĂƌ͕ ^ĐŚƵůĞƌ ŐĞŶĞƌĂƚĞĚ ƐĂůĞƐ ŽĨ ϭ͘Ϯϯϯ ďŝůůŝŽŶ ĞƵƌŽƐ͘ dŚĞ ĐŽŵƉĂŶLJ ŚĂƐ Ă ƉƌĞƐĞŶĐĞ ŝŶ ĂƉƉƌŽdžŝŵĂƚĞůLJ ϰϬ ĐŽƵŶƚƌŝĞƐ ǁŝƚŚ ƌŽƵŐŚůLJ ϲ ϲϬϬ ĞŵƉůŽLJĞĞƐ͘ ^ĐŚƵůĞƌ ŝƐ ŵĂũŽƌŝƚLJͲŽǁŶĞĚ ďLJ ƚŚĞ ƵƐƚƌŝĂŶ E Z/d 'ƌŽƵƉ͘

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dŚĞ ŝŶƚĞŐƌĂƟŽŶ ŽĨ ĂĚĚŝƟŽŶĂů ƐĞŶƐŽƌƐ ʹ Ğ͘Ő͘ ĨŽƌ ĂĐĐĞůĞƌĂƟŽŶ͕ ŽƐĐŝůůĂƟŽŶ Žƌ ƉƌĞƐƐƵƌĞ ʹ ĞŶĂďůĞƐ ĐŽŵƉƌĞŚĞŶƐŝǀĞ ĐŽŶĚŝƟŽŶ ŵŽŶŝƚŽƌŝŶŐ ŽĨ ƚŚĞ ƐLJƐƚĞŵ͕ ǁŚŝĐŚ ĐĂŶ ďĞ ĚŝƐƉůĂLJĞĚ ŝŶ ƚŚĞ ĐŽŶƚƌŽů ƐLJƐƚĞŵ͛Ɛ ǀŝƐƵĂůŝnjĂƟŽŶ͘ dŚĞ ďĂƐŝƐ ĨŽƌ ƚŚŝƐ ŝƐ ĨƌĞƋƵĞŶĐLJ ƐƉĞĐƚƌĂ ƚŚĂƚ ƉƌŽǀŝĚĞ ŝŶĨŽƌŵĂƟŽŶ ĂďŽƵƚ ƉŽƐƐŝďůĞ ǁĞĂƌ ŝŶ ƚŚĞ ŐĞĂƌŝŶŐ͕ ďĞĂƌŝŶŐ Žƌ ŵŽƚŽƌ͘ dŚŝƐ ƉƌĞǀĞŶƚƐ ƵŶƉůĂŶŶĞĚ ĚŽǁŶƟŵĞ ĂŶĚ ŝŶĐƌĞĂƐĞƐ ƚŚĞ &Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ƉƌŽĚƵĐƟǀŝƚLJ ŽĨ ƚŚĞ ƐLJƐƚĞŵ͘ &ƵƌƚŚĞƌŵŽƌĞ͕ ƚŚĞ ƉƌŽĐĞƐƐ ĂŶĚ ƐŝŵŽŶ͘ƐĐŚĞƌƌĞŶďĂĐŚĞƌΛƐĐŚƵůĞƌŐƌŽƵƉ͘ĐŽŵ ĐŽŶĚŝƟŽŶ ĚĂƚĂ ĂůůŽǁ ĨŽƌ ĐŽŵƉůĞƚĞ ƋƵĂůŝƚLJ ĐŽŶƚƌŽů ŽĨ ƚŚĞ ǁǁǁ͘ƐĐŚƵůĞƌŐƌŽƵƉ͘ĐŽŵͬƉƌ ƉƌŽĚƵĐĞĚ ĐŽŵƉŽŶĞŶƚƐ͘

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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IMT INTERMATO

Taylor made solutions ZLWK GLƪHUHQW DFFHVVRULHV and automatics lines /Dd /ŶƚĞƌŵĂƚŽ ^͘Ɖ͘ ͘ sŝĂ ĂƌĞŐž ϭϰ ϮϭϬϮϬ ƌŽƐŝŽ ĚĞůůĂ sĂůůĞ ;s Ϳ sĂƌĞƐĞ͕ /ƚĂůLJ dĞů͘ нϯϵ ϬϯϯϮ ϵϲϲ ϭϭϬ &Ădž нϯϵ ϬϯϯϮ ϵϲϲ Ϭϯϯ ĐŽŵŵĞƌĐΛŝŵƟŶƚĞƌŵĂƚŽ͘ŝƚ ǁǁǁ͘ŝŵƟŶƚĞƌŵĂƚŽ͘ĐŽŵ /Dd /ŶƚĞƌŵĂƚŽ ^͘Ɖ͘ ͘ ƐƚĂƌƚĞĚ ŝŶ ϭϵϴϯ ŝƚƐ ĂĐƟǀŝƚLJ ŽĨ ĚĞƐŝŐŶ ĂŶĚ ĐŽŶƐƚƌƵĐƟŽŶ ŽĨ ǀĞƌƟĐĂů ůĂƚŚĞƐ ĨŽƌ ƚŚĞ ŵĂĐŚŝŶŝŶŐ ŽĨ ĂůƵŵŝŶƵŵ ĂůůŽLJ ǁŚĞĞůƐ͘ KǀĞƌ ƚŚĞ LJĞĂƌƐ͕ ƚŚĞ ŽŵƉĂŶLJ ŚĂƐ ĐŽŶƐƚĂŶƚůLJ ĞǀŽůǀĞĚ ǁŝƚŚ ƚŚĞ ŝŶƚƌŽĚƵĐƟŽŶ ŽĨ ƚŚĞ ŵĂĐŚŝŶĞƐ ƐĞƌŝĞƐ ĨŽƌ ŵĞĐŚĂŶŝĐĂů ŵĂĐŚŝŶŝŶŐ ŝŶ ŐĞŶĞƌĂů ĂŶĚ ǁŝƚŚ ƚŚĞ ĞŶƚƌLJ͕ ĮƌƐƚ ŝŶ ƚŚĞ ƐŝĂŶ DĂƌŬĞƚ ĂŶĚ ƚŚĞŶ ŝŶ ƚŚĞ ŐůŽďĂů ŽŶĞ͘ WƌŽĚƵĐƟŽŶ ĂŶĚ ƚƵƌŶŽǀĞƌ ŚĂǀĞ ĐŽŶƐƚĂŶƚůLJ ŐƌŽǁŶ ĂƐ ǁĞůů ĂƐ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ƐŝƚĞ͘ ƵƌƌĞŶƚůLJ͕ /Dd /ŶƚĞƌŵĂƚŽ ^͘Ɖ͘ ƐƉƌĞĂĚƐ ŽǀĞƌ ĂŶ ĂƌĞĂ ŽĨ ĂďŽƵƚ ϭϱ͘ϬϬϬ ƐƋƵĂƌĞ ŵĞƚĞƌƐ͕ ŚĂƐ Ă ƚƵƌŶŽǀĞƌ ŽĨ ĂƌŽƵŶĚ ϱϬ ŵŝůůŝŽŶ ƵƌŽƐ ƉĞƌ LJĞĂƌ ĂŶĚ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ĞŵƉůŽLJƐ ϭϮϬ ƉĞŽƉůĞ ŝŶ ƚŚĞ ǀĂƌŝŽƵƐ ĚĞƉĂƌƚŵĞŶƚƐ͕ ĂƐ ǁĞůů ĂƐ ƐƉĞĐŝĂůŝnjĞĚ ĐŽůůĂďŽƌĂƚŽƌƐ͘ DĞĐŚĂŶŝĐĂů͕ ƐŽŌǁĂƌĞ͕ ĞůĞĐƚƌŝĐĂů ĂŶĚ ƉůĂŶƚ ĚĞƐŝŐŶ͕ ƉƌŽĚƵĐƟŽŶ͕ ĂƐƐĞŵďůLJ ĂŶĚ ƚĞƐƟŶŐ ĂƌĞ Ăůů ƉŚĂƐĞƐ ĐĂƌƌŝĞĚ ŽƵƚ ŝŶ ŽƵƌ ŚĞĂĚƋƵĂƌƚĞƌƐ ŝŶ ƌŽƐŝŽ ĚĞůůĂ sĂůůĞ͕ ǁŚŝůĞ ŽƚŚĞƌ ŽŵƉĂŶŝĞƐ͕ ĂůǁĂLJƐ ŽŶ ƚŚĞ /ƚĂůŝĂŶ ƚĞƌƌŝƚŽƌLJ ĂŶĚ ŽĨ ǁŚŝĐŚ /Dd /ŶƚĞƌŵĂƚŽ ^͘Ɖ͘ ͘ ŝƚ ŝƐ ƚŚĞ ŵŽƚŚĞƌ ĐŽŵƉĂŶLJ͕ ƌĞĂůŝnjĞ ĂŶĐŝůůĂƌLJ ŵĂĐŚŝŶŝŶŐ ĂŶĚ ƐŽŵĞ ŬĞLJ ĐŽŵƉŽŶĞŶƚƐ͘ KƵƌ ƉƌŽĚƵĐƚƐ ĂƌĞ ƚŚĞƌĞĨŽƌĞ ĨƵůůLJ ŵĂĚĞ ŝŶ /ƚĂůLJ͘ dŚĞ ŝŶƚĞƌŶĂƟŽŶĂů ƉƌĞƐĞŶĐĞ ŝƐ ŐƵĂƌĂŶƚĞĞĚ ďLJ ŽƵƌ ƐĞƌǀŝĐĞ ĂŶĚ ƐƉĂƌĞ ƉĂƌƚƐ ƉŽŝŶƚƐ͕ ĚŝƌĞĐƚůLJ ŵĂŶĂŐĞĚ ďLJ ƵƐ ;/ŶĚŽŶĞƐŝĂ ĂŶĚ 'ĞƌŵĂŶLJͿ Žƌ ƚŚƌŽƵŐŚ ŽƵƌ ĐůŽƐĞ ĐŽůůĂďŽƌĂƚŽƌƐ͕ ĞƐƉĞĐŝĂůůLJ ŝŶ ^ŚĂŶŐŚĂŝ͕ ŚŝŶĂ͕ ǁŚĞƌĞ ǁĞ ŚĂǀĞ Ă ůŽŶŐͲ ƐƚĂŶĚŝŶŐ ĐŽͲŽƉĞƌĂƟŽŶ ǁŝƚŚ ŚŝŐŚůLJ ƋƵĂůŝĮĞĚ dĞĐŚŶŝĐŝĂŶƐ ĂŶĚ ƐƉĂƌĞ ƉĂƌƚƐ ǁĂƌĞŚŽƵƐĞ͘ tĞ ĂƌĞ ƚŚĞƌĞĨŽƌĞ ĂďůĞ ƚŽ ŽƉĞƌĂƚĞ ƋƵŝĐŬůLJ ŽŶ ƚŚĞ ĮǀĞ ĐŽŶƟŶĞŶƚƐ͕ ďŽƚŚ ǁŝƚŚ ƌĞĨĞƌĞŶĐĞ ƚŽ ŵĂŝŶƚĞŶĂŶĐĞ ŝŶƚĞƌǀĞŶƟŽŶƐ ĂŶĚ ĨŽƌ ƚŚĞ ƐƵƉƉůLJ ŽĨ ƐƉĂƌĞ ƉĂƌƚƐ͘ dŽĚĂLJ /Dd /ŶƚĞƌŵĂƚŽ ^͘Ɖ͘ ͘ ŝƐ Ă ^ƵƉƉůŝĞƌ ŽĨ ĐŽŵƉůĞƚĞ ƚƵƌŶŝŶŐ ƐŽůƵƟŽŶƐ͕ ĂďůĞ ƚŽ ĂƐƐŝƐƚ ƚŚĞ ƵƐƚŽŵĞƌ ŝŶ ƚŚĞ ĚĞĮŶŝƟŽŶ ŽĨ ƚŚĞ ƚĞĐŚŶŝĐĂů ƐƉĞĐŝĮĐĂƟŽŶƐ ĂŶĚ ƚŽ ƉƌŽƉŽƐĞ Ă ƌĂŶŐĞ ŽĨ ƚĂŝůŽƌͲŵĂĚĞ ƉƌŽĚƵĐƚƐ͕ ďLJ ĞŶƐƵƌŝŶŐ Ăƚ ƚŚĞ ƐĂŵĞ ƟŵĞ ŚŝŐŚ ƉƌŽĚƵĐƟǀŝƚLJ ǁŝƚŚ ŚŝŐŚ ƋƵĂůŝƚLJ ƐƚĂŶĚĂƌĚƐ͘ ůƚŚŽƵŐŚ ŵĂŝŶƚĂŝŶŝŶŐ ŝƚƐ ĐŽƌĞ ďƵƐŝŶĞƐƐ ŝŶ ƚŚĞ ĮĞůĚ ŽĨ

ůŝŐŚƚ ĂůůŽLJ ǁŚĞĞů ŵĂĐŚŝŶŝŶŐ͕ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ /Dd /ŶƚĞƌŵĂƚŽ ^͘Ɖ͘ ͘ ǀĞƌƟĐĂů ůĂƚŚĞƐ ŝƚ ŝƐ ĂŝŵĞĚ Ăƚ ƚŚĞ ǀĂƌŝŽƵƐ ƉƌŽĚƵĐƟŽŶ ƐĞĐƚŽƌƐ͗ ĂƵƚŽŵŽƟǀĞ͕ ĂĞƌŽƐƉĂĐĞ͕ ƌĂŝůǁĂLJ͕ ŚĞĂǀLJ ŵĞĐŚĂŶŝĐƐ͕ Žŝů Θ ŐĂƐ͕ ŶƵĐůĞĂƌ ĂŶĚ ĞŶĞƌŐĞƟĐ ĮĞůĚƐ͕ ǁŝƚŚ ƐŽůƵƟŽŶƐ ĨŽƌ ƉŝĞĐĞƐ ĨƌŽŵ Ă ĨĞǁ ƚĞŶƐ ŽĨ ŵŝůůŝŵĞƚĞƌƐ ŽĨ ĚŝĂŵĞƚĞƌ ƵƉ ƚŽ ϲ ŵĞƚĞƌƐ ĂŶĚ ŵŽƌĞ͘ tĞ ŽīĞƌ ƐĞǀĞƌĂů ƐĞƌŝĞƐ ŽĨ ŵĂĐŚŝŶĞƐ͕ ĞĂĐŚ ŽĨ ǁŚŝĐŚ ĚĞǀĞůŽƉĞĚ ĨŽƌ Ă ƐƉĞĐŝĮĐ ƐĞĐƚŽƌ͘ dŚĞ :t ĂŶĚ Zt ƐĞƌŝĞƐ ĂƌĞ ĚĞƐƟŶĞĚ ƚŽ ƚŚĞ ŵĂĐŚŝŶŝŶŐ ŽĨ ƚŚĞ ůŝŐŚƚ ĂůůŽLJ ǁŚĞĞůƐ ĂŶĚ ƚŚĞLJ ĂƌĞ ƐƚƵƌĚLJ͕ ĨĂƐƚ͕ ƌĞůŝĂďůĞ ĂŶĚ ƉƌĞĐŝƐĞ ŵĂĐŚŝŶĞƐ͕ ďŽƌŶ ĨƌŽŵ ƚŚĞ ĐŽŶƐƚĂŶƚ ĚĞǀĞůŽƉŵĞŶƚ ĂŶĚ ĨƌŽŵ ƚŚĞ ŽǀĞƌ ƚŚŝƌƚLJ LJĞĂƌƐ ŽĨ ĞdžƉĞƌŝĞŶĐĞ ŽĨ /Dd /ŶƚĞƌŵĂƚŽ͘ ^ƵŵŵĂƌLJ ŽĨ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ĨŽƌ ƚŚŝƐ ƐĞĐƚŽƌ ĂƌĞ ŽƵƌ ĂƵƚŽŵĂƚĞĚ ƉƌŽĚƵĐƟŽŶ ĐĞůůƐ͕ ǁŚĞƌĞ ƚŚĞ ĐŽŵďŝŶĂƟŽŶ ŽĨ ŚŝŐŚ ƉĞƌĨŽƌŵĂŶĐĞ ŵĂĐŚŝŶĞƐ͕ ĂƵƚŽŵĂƟŽŶƐ ĚĞǀĞůŽƉĞĚ ďLJ ƵƐ ĂŶĚ ĂĚǀĂŶĐĞĚ ƉƌŽĐĞƐƐ ŵĂŶĂŐĞŵĞŶƚ͕ ĂůůŽǁ ƵƐ ƚŽ ĂĐŚŝĞǀĞ ƐƵƌƉƌŝƐŝŶŐ ƌĞƐƵůƚƐ ŝŶ ƚĞƌŵƐ ŽĨ ƉƌŽĚƵĐƟǀŝƚLJ͕ ƋƵĂůŝƚLJ ĂŶĚ ŇĞdžŝďŝůŝƚLJ͘ &Žƌ ƚŚĞ ĂƵƚŽŵŽƟǀĞ ƐĞĐƚŽƌ͕ ƚŚĞ ŵĂĐŚŝŶĞƐ ŽĨ sZ ƐĞƌŝĞƐ ŚĂǀĞ ďĞĞŶ ĚĞǀĞůŽƉĞĚ͘ dŚĞLJ ĂƌĞ ǀĞƌƟĐĂů ůĂƚŚĞƐ ǁŝƚŚ ĐĂƉĂĐŝƚLJ ƵƉ ƚŽ ĂƌŽƵŶĚ ϰϬϬ ŵŵ ŽĨ ĚŝĂŵĞƚĞƌ͕ ǁŝƚŚ ƉŽƐƐŝďŝůŝƚLJ ŽĨ ƐĞůĨͲůŽĂĚŝŶŐ ĐŽŶĮŐƵƌĂƟŽŶ͕ ĨŽƌ ƚƵƌŶŝŶŐ͛Ɛ ŵĂĐŚŝŶŝŶŐ ĂŶĚ ƉŽƐƐŝďůĞ ĚƌŝůůŝŶŐͬŵŝůůŝŶŐ ŽƉĞƌĂƟŽŶƐ ŽĨ ƚŚĞ ǀĂƌŝŽƵƐ ĐŽŵƉŽŶĞŶƚƐ ƐƵĐŚ ĂƐ ďĞĂƌŝŶŐƐ͕ ǁŚĞĞů ŚƵďƐ͕ ďƌĂŬĞƐ͕ ŇLJǁŚĞĞůƐ ĂŶĚ ĐůƵƚĐŚĞƐ͘ LJ ŝŶĐƌĞĂƐŝŶŐ ŝŶ ƐŝnjĞ͕ ǁĞ ŵĞĞƚ ƚŚĞ s> ƐĞƌŝĞƐ ǁŝƚŚ ƚŚĞ ůĂƚŚĞƐ ŵŽĚĞů s>ϴ͕ s>ϱϬ ĂŶĚ s>ϲϬ ĚĞĚŝĐĂƚĞĚ ƚŽ ƚŚĞ ŵĂĐŚŝŶŝŶŐ ŝŶ ǀĂƌŝŽƵƐ ĂƉƉůŝĐĂƟŽŶ ƐĞĐƚŽƌƐ ŽĨ ƐƚĞĞů ĂŶĚ ŽƚŚĞƌ ŵĞƚĂůƐ͕ ǁŝƚŚ Ă ƚƵƌŶŝŶŐ ĐĂƉĂĐŝƚLJ ƵƉ ƚŽ ϭϮϬϬ ŵŵ ĂŶĚ ĐŽŶĮŐƵƌĂƟŽŶƐ ǁŝƚŚ ƚƵƌƌĞƚ Žƌ ŚĞĂĚ͘ /Ŷ ƚŚĞ ƐĂŵĞ ƌĂŶŐĞ ŽĨ ĚŝŵĞŶƐŝŽŶƐ͕ ǁĞ ŚĂǀĞ ƚŚĞ ŵĂĐŚŝŶĞƐ ŽĨ ƚŚĞ ^ ĂŶĚ W ƐĞƌŝĞƐ͕ ƚŽƚĂůůLJ ŵŽĚƵůĂƌ ĂŶĚ ĐƵƐƚŽŵŝnjĂďůĞ͕ ƚŚĂƚ ĐĂŶ ďĞ ĚĞƐŝŐŶĞĚ ĂŶĚ ŵĂŶƵĨĂĐƚƵƌĞĚ ĂĐĐŽƌĚŝŶŐ ƚŽ ƚŚĞ

ƐƉĞĐŝĮĐ ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ ŽƵƌ ƵƐƚŽŵĞƌƐ͕ ďLJ ƐƵƉƉůLJŝŶŐ Ă ŚŝŐŚ ƉĞƌĨŽƌŵĂŶĐĞ ƉƌŽĚƵĐƚ͘ /Ŷ ƚŚĞ ƐĞĐƚŽƌ ŽĨ ƚŚĞ ďŝŐ ǀĞƌƟĐĂů ůĂƚŚĞƐ͕ ǁĞ ŚĂǀĞ ĚĞǀĞůŽƉĞĚ ƚŚĞ ŵŽŶŽͲĐŽůƵŵŶ ŽĨ EdD ƐĞƌŝĞƐ ĂŶĚ ĚŽƵďůĞͲĐŽůƵŵŶ ŽĨ s D ƐĞƌŝĞƐ ǁŝƚŚ ĐĂƉĂĐŝƚLJ ƌĞƐƉĞĐƟǀĞůLJ ƵƉ ƚŽ Ϯ ŵĞƚĞƌƐ ĂŶĚ ƵƉ ƚŽ ϲ ŵĞƚĞƌƐ ĂŶĚ ŵŽƌĞ ǁŝƚŚ ŵŽďŝůĞ ĐƌŽƐƐƌĂŝů ĂŶĚ ŚLJĚƌŽƐƚĂƟĐ ŵŽǀĞŵĞŶƚƐ͘ dŚĞƐĞ ŵĂĐŚŝŶĞƐ ĂůƐŽ͕ ĐĂŶ ďĞ ĐƵƐƚŽŵŝnjĞĚ ǁŝƚŚ ŵƵůƟƉůĞ ĐŽŶĮŐƵƌĂƟŽŶƐ ĂŶĚ ĂĐĐĞƐƐŽƌŝĞƐ͕ ƐƵĐŚ ĂƐ ƉĂůůĞƚ ĞdžĐŚĂŶŐĞ ƐLJƐƚĞŵƐ͕ ƚŽŽůƐ ŵĂŐĂnjŝŶĞ͕ ĚŽƵďůĞ ƌĂŵ͕ ǀĞƌƐŝŽŶƐ ĨŽƌ ŵŝůůŝŶŐ ŽƉĞƌĂƟŽŶ͕ ŐƌŝŶĚŝŶŐ ŽƉĞƌĂƟŽŶ͕ ĂŶŐƵůĂƌ ŚĞĂĚƐ ĂŶĚ ƐŽ ŽŶ͘

NEWS

IMT INTERMATO

dŚĞ ƉŽƐƐŝďŝůŝƚLJ ŽĨ ĐƵƐƚŽŵŝnjĂƟŽŶƐ ĂůůŽǁƐ ĨŽƌ ŚĂǀŝŶŐ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ƚŚĂƚ ĂƌĞ ǁĞůů ƐƵŝƚĞĚ ƚŽ ƚŚĞ ŵŽƐƚ ǀĂƌŝĞĚ ŶĞĞĚƐ ŽĨ ƚŚĞ ǀĂƌŝŽƵƐ ƉƌŽĚƵĐƟǀĞ ƐĞĐƚŽƌƐ͕ ǁŚŝĐŚ ŝŶ ƐŽŵĞ ĐĂƐĞƐ ƌĞƋƵŝƌĞ ůĂƌŐĞ ƉŽǁĞƌƐ ĂŶĚ ĐŽŶƐŝĚĞƌĂďůĞ ƌĞŵŽǀĂů ĐĂƉĂĐŝƚLJ ĂŶĚ͕ ŽŶ ƚŚĞ ŽƚŚĞƌ ŚĂŶĚ͕ ŝŶ ŽƚŚĞƌ ĂƉƉůŝĐĂƟŽŶƐ͕ ƌĞƋƵŝƌĞ ĞdžƚƌĞŵĞ ƉƌĞĐŝƐŝŽŶƐ ĂŶĚ ĂĚǀĂŶĐĞĚ ƚĞĐŚŶŽůŽŐŝĞƐ͘ dŚĞ ĐŽŵŵŽŶ ĚĞŶŽŵŝŶĂƚŽƌ ŽĨ Ăůů ƚŚĞ ŵĂĐŚŝŶĞƐ ŝƐ ƚŚĞ ƉŚŝůŽƐŽƉŚLJ ŽĨ /Dd /ŶƚĞƌŵĂƚŽ͗ ƚƵƌŶŬĞLJ ƐŽůƵƟŽŶƐ ƐƉĞĐŝĮĐĂůůLJ ĚĞƐŝŐŶĞĚ ĨŽƌ ƚŚĞ ƵƐƚŽŵĞƌ͕ ǁŚŝĐŚ ĂůůŽǁ ƚŚĞ ĂĐŚŝĞǀĞŵĞŶƚ ŽĨ ŚŝŐŚ ƉƌŽĚƵĐƟŽŶ ŽďũĞĐƟǀĞƐ ĐŽŵďŝŶĞĚ ǁŝƚŚ ŚŝŐŚ ƋƵĂůŝƚLJ͘

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

41

NEWS

FEMM

Italian manufacturer specialized in metal and plastic components and accessories for metal can industry

& DD ŝƐ ĂŶ /ƚĂůŝĂŶ ŵĂŶƵĨĂĐƚƵƌĞƌ ƐƉĞĐŝĂůŝnjĞĚ ŝŶ ŵĞƚĂů ĂŶĚ ƉůĂƐƟĐ ĐŽŵƉŽŶĞŶƚƐ ĂŶĚ ĂĐĐĞƐƐŽƌŝĞƐ͕ ƚĂƌŐĞƚĞĚ Ăƚ ƚŚĞ ƉĂĐŬĂŐŝŶŐ ŝŶĚƵƐƚƌLJ ;ŐĞŶĞƌĂů ůŝŶĞ ĨŽƌ ĐŚĞŵŝĐĂů ƉƌŽĚƵĐƚƐ͕ ůƵďƌŝĐĂŶƚƐ ĂŶĚ ƉĂŝŶƚƐͿ͘ dŚƌŽƵŐŚ ŝƚƐ ϰϬ LJĞĂƌƐ ůŽŶŐ ŚŝƐƚŽƌLJ͕ ƚŚĞ ĐŽŵƉĂŶLJ ŚĂƐ ďĞĐŽŵĞ Ă ƌĞĨĞƌĞŶĐĞ ĨŽƌ ƚŚĞ ŝŶĚƵƐƚƌLJ͘

WƌŽǀŝĚĞĚ ǁŝƚŚ Ă ďĂĐŬŐƌŽƵŶĚ ŝŶ ƚŚĞ ƟŶ ĐĂŶƐ ŵĂŶƵĨĂĐƚƵƌĞ ƐĞĐƚŽƌ͕ ƚŚĞ ĨŽƵŶĚĞƌ ŵŝůŝŽ 'ĂŶĂƉŝŶŝ ƌĞĂůŝnjĞĚ ƐŽŽŶ ŚŽǁ ƐƚƌĂƚĞŐŝĐĂů ĐŽƵůĚ ŚĂǀĞ ďĞĞŶ ĂŶ ŽīĞƌ ŽĨ ƉƌŽĚƵĐƚƐ ĂŶĚ ƐĞƌǀŝĐĞƐ ĐƵƐƚŽŵŝnjĞĚ ŽŶ ƚŚĞ ŶĞĞĚƐ ŽĨ ƚŚĞ ŵĞƚĂů ƉĂĐŬĂŐŝŶŐ ŝŶĚƵƐƚƌLJ͘ &ƌŽŵ ƚŚĞƌĞ ŚĞ ĚĞĐŝĚĞĚ ƚŽ ƐƚĂƌƚ ŚŝƐ ŽǁŶ ďƵƐŝŶĞƐƐ͕ ĂůŽŶŐƐŝĚĞ Ă ĨĞǁ ƐĞůĞĐƚĞĚ ƉĂƌƚŶĞƌƐ͘ dŚĞ ŽƌŝŐŝŶĂů ƚĞĂŵ ŝƐ ƐƟůů ĂĐƟǀĞ ŝŶ ƚŚĞ ĐŽŵƉĂŶLJ͕ ĂƐƐŝƐƟŶŐ ƚŚĞ ͚ƐĞĐŽŶĚ ŐĞŶĞƌĂƟŽŶ͛ ƚŚĂƚ ŚĂƐ ŶŽǁĂĚĂLJƐ ƚĂŬĞŶ ƚŚĞ ƌĞŝŶƐ Ăƚ ƚŚĞ ŚĞĂĚ ŽĨ ƚŚĞ ĐŽŵƉĂŶLJ͘

tĞ ƐƵƉƉůLJ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ŝƚĞŵƐ͕ ƐƉƌĞĂĚŝŶŐ ĨƌŽŵ ǁŝƌĞ ŚĂŶĚůĞƐ͕ ƚŽ ǁĞůĚŝŶŐ ƉůĂƚĞƐ ;ĐŽƵƉůŝŶŐƐ ĂŶĚ ĐůŝƉƐͿ͕ ĞĂƌůƵŐƐ͕ ƌŝǀĞƚƐ͕ ďŽƚŚ ŝŶũĞĐƚĞĚ ĂŶĚ ĞdžƚƌƵĚĞĚ ƉůĂƐƟĐ ŚĂŶĚůĞƐ͕ ƐĞĂůŝŶŐ ƌŝŶŐƐ͕ ǁŚŝĐŚ Ăůů ƐƵŝƚ ƚŽ ƟŶ ƉůĂƚĞ ͬ ďůĂĐŬ ƐƚĞĞů ĐĂŶƐ͕ ƉĂŝůƐ ĂŶĚ ĚƌƵŵƐ͘

KƵƌ ŝŶƚĞƌŶĂů ƉƌŽĐĞƐƐĞƐ ĂƌĞ ĐĞƌƚŝĨŝĞĚ ĂĐĐŽƌĚŝŶŐ ƚŽ /^K ϵϬϬϭ ƌĞŐƵůĂƚŝŽŶ͘ EŽŶĞƚŚĞůĞƐƐ͕ ŽƵƌ ĞĨĨŽƌƚ ƚŽ ĐŽŵƉůLJ ǁŝƚŚ ĐƵƐƚŽŵĞƌ ŶĞĞĚƐ ŐŽĞƐ ĨƵƌƚŚĞƌ͘ tĞ ƵŶĐĞĂƐŝŶŐůLJ ƐƚƌŝǀĞ ƚŽ ĞŶŚĂŶĐĞ ƚŚĞ ůĞǀĞů ŽĨ ƉĞƌĨŽƌŵĂŶĐĞ ŝŶ ƚĞƌŵƐ ŽĨ ƐƵƉƉŽƌƚ ŽĨĨĞƌĞĚ ƚŽ ŽƵƌ ĐůŝĞŶƚƐ͘ ,ŝŐŚ ĚĞŐƌĞĞ ŽĨ ƌĞůŝĂďŝůŝƚLJ͕ ƌĞƐƉĞĐƚ ŽĨ ƌĞƋƵĞƐƚĞĚ ĚĞĂĚůŝŶĞƐ͕ ĨůĞdžŝďŝůŝƚLJ ŝŶ ůŽŐŝƐƚŝĐ͕ ƉƌŽŵƉƚ ŝŶĨŽƌŵĂƚŝŽŶ ĨůŽǁ ŝƐ ĂŵŽŶŐ ŽƵƌ ĚŝƐƟŶŐƵŝƐŚŝŶŐ ƉůƵƐĞƐ͘

&Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ǁǁǁ͘ĨĞŵŵ͘ŝƚ ͮ ŝŶĨŽΛĨĞŵŵ͘ŝƚ

ōrǻ ĵ ŗ^ ƻĵ ǢǻÝN ƻ Nħ µÝŗµ NŷōƻŷŗrŗǻǢ ō ŗȕ® NǻȕNJrNJ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

METAL AND PLASTIC PACKAGING COMPONENTS MANUFACTURER

• perfect integration with the customers’ supply chain • excellent reactivity time and fast delivery service • empathetic and proactive customer service • high-quality standards • ISO 9001 process certification • product customization upon request • acknowledged partner of the world's leading manufacturers of industrial packaging machinery

FEMM s.r.l.

Via don P. Borghi, 1 - Z.I. Ovest 42025 Cavriago (RE) - Italy Phone: +39.0522.371332 e-mail: info@femm.it website: www.femm.it

NEWS

CONSORZIO INDUSTRIALE LUCANO

CIL provide goods and services to companies operating in petrochemical and industrial sectors

/Ŷ ϮϬϬϵ ǁĂƐ ďŽƌŶ ƚŚĞ /ŶĚƵƐƚƌŝĂů ŽŶƐŽƌƟƵŵ >ƵĐĂŶŽ ;ŚĞƌĞŝŶĂŌĞƌ ƌĞĨĞƌƌĞĚ ƚŽ ĂƐ />Ϳ͕ ƚŚĞ ƵŶŝŽŶ ŽĨ ĐŽŵƉĂŶŝĞƐ ŽƉĞƌĂƟŶŐ ŝŶ ĚŝīĞƌĞŶƚ ƐĞĐƚŽƌƐ͕ ƚŚĞ ƐƚƌŽŶŐ ƉŽŝŶƚ ŝƐ ďĞŝŶŐ ĂďůĞ ƚŽ ŽīĞƌ͕ ĂĚĚƌĞƐƐŝŶŐ Ă ƐŝŶŐůĞ ƐƵďũĞĐƚ͕ ƚŚĞ ŶĞĐĞƐƐĂƌLJ ƉƌŽĨĞƐƐŝŽŶĂůŝƐŵ ŝŶ Ăůů ĮĞůĚƐ͕ ƚŽ ĐŽŵƉĂŶŝĞƐ ŽƉĞƌĂƟŶŐ ŝŶ ƚŚĞ ƉĞƚƌŽĐŚĞŵŝĐĂů ĂŶĚ ŝŶĚƵƐƚƌŝĂů ƐĞĐƚŽƌƐ͘

ŝŶĚƵƐƚƌŝĂů ͬ ƌĞƐŝĚĞŶƟĂů ďƵŝůĚŝŶŐƐ͖ ĚƌŝůůŝŶŐ͖ ŵŝĐƌŽƉŝůĞƐ͕ ĞůĞĐƚƌŝĐĂů͕ ŝŶƐƚƌƵŵĞŶƚĂů ĂŶĚ ĂƵƚŽŵĂƟŽŶ͖ ƉƌĞĐŝƐŝŽŶ ŵĞĐŚĂŶŝĐƐ͖ ĐŽůůĞĐƟŽŶ͕ ƚƌĂŶƐƉŽƌƚ͕ ĚŝƐƉŽƐĂů ŽĨ ƐƉĞĐŝĂů ĂŶĚ ŚĂnjĂƌĚŽƵƐ ůŝƋƵŝĚ ǁĂƐƚĞ͕ ĐůĞĂŶŝŶŐ ƵƉ ͬ ĐŽŵŵŝƐƐŝŽŶŝŶŐ ƐĂĨĞƚLJ ŽĨ ĐŽŶƚĂŵŝŶĂƚĞĚ ƐŝƚĞƐ ǁŝƚŚ ĂƩĂĐŚĞĚ ĞŶǀŝƌŽŶŵĞŶƚĂů ƌĞƐƚŽƌĂƟŽŶ͖ &ŝƌĞ ŝŶĚƵƐƚƌŝĂů ƐƵƉƉůLJ͕ ĮƌĞ ĞdžƟŶŐƵŝƐŚĞƌƐ͕ ƚĞĐŚŶŝĐĂů ŐĂƐĞƐ͕ ǀĂůǀĞƐ͕ ƐĞĂůƐ͕ ĮůƚĞƌƐ͕ ĐŚĞŵŝĐĂůƐ͕ ŐĞŶĞƌĂů dŚĞ ĂĐƟǀŝƟĞƐ ŽīĞƌĞĚ ĂƌĞ͗ ŶŐŝŶĞĞƌŝŶŐ Θ DĂŶĂŐĞŵĞŶƚ ƉĞƚƌŽĐŚĞŵŝĐĂů ŝŶĚƵƐƚƌŝĂů ƐƵƉƉůLJ͘ ^ĞƌǀŝĐĞ ŝŶ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ĞŶŐŝŶĞĞƌŝŶŐ ƐĞĐƚŽƌƐ ƐƵĐŚ dŚĞ ͘/͘>͘ /ƚ ĐĞƌƟĮĞĚ ĨŽƌ ƋƵĂůŝƚLJ ĐŽŵƉĂŶŝĞƐ ĂĐĐŽƌĚŝŶŐ ƚŽ ĂƐ ďƵŝůĚŝŶŐ ;Đŝǀŝů ĂŶĚ ŝŶĚƵƐƚƌŝĂůͿ͕ ŝŶĨƌĂƐƚƌƵĐƚƵƌĞ͕ ƉůĂŶƚ /^K ϵϬϬϭ͗ ϮϬϭϱ͘ ĞŶŐŝŶĞĞƌŝŶŐ ĂŶĚ ĞŶĞƌŐLJ ;Kŝů Θ 'ĂƐ ƐƉĞĐŝĂůŝƐƚƐͿ͕ ŝŶĚƵƐƚƌŝĂů ^ƵƉƉůŝĞƐ͕ ƉŝƉŝŶŐ͕ ĮƫŶŐƐ͕ ĂŶĚ ĞůĞĐƚƌŝĐĂů ŝŶƐƚƌƵŵĞŶƚĂƟŽŶ͖ ŽŶƐŽƌnjŝŽ /ŶĚƵƐƚƌŝĂůĞ >ƵĐĂŶŽ ĚƌŝůůŝŶŐ ĂŶĚ ǁŽƌŬŽǀĞƌ ƌŝŐƐ͖ ŝŶƐƚĂůůĂƟŽŶƐ ƚƌĞĂƚŵĞŶƚ ŽĨ DĂŝů͗ ŝŶĨŽΛĐŽŶƐŽƌnjŝŽŝŶĚƵƐƚƌŝĂůĞůƵĐĂŶŽ͘ĐŽŵ ƉƌŽĐĞƐƐ ǁĂƚĞƌ͖ ǁĂƐƚĞǁĂƚĞƌ ƚƌĞĂƚŵĞŶƚ ƉůĂŶƚƐ͖ ŐĞŽůŽŐŝĐĂů WĞĐ͗ ŝŶĨŽΛƉĞĐ͘ĐŽŶƐŽƌnjŝŽŝŶĚƵƐƚƌŝĂůĞůƵĐĂŶŽ͘ĐŽŵ ƐƵƌǀĞLJƐ͖ ŵĞĐŚĂŶŝĐĂů ĂƐƐĞŵďůLJ ĂŶĚ ŵĂŝŶƚĞŶĂŶĐĞ͖ tĞď͗ ǁǁǁ͘ĐŽŶƐŽƌnjŝŽŝŶĚƵƐƚƌŝĂůĞůƵĐĂŶŽ͘ĐŽŵ

44

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

CONSORZIO INDUSTRIALE LUCANO

NEWS

INDUSTRIAL TECHNOLOGY

45

OIL AND GAS, PETROCHEMICAL, AUTOMATION

NEWS

ENI ADDITIVES

(QL /XEH $GGLWLYHV a smart choice for \RXU EXVLQHVV Ŷŝ ŽƉĞƌĂƚĞƐ ŝŶ ƚŚĞ >ƵďƌŝĐĂŶƚƐ ĂŶĚ ĚĚŝƟǀĞƐ ŵĂƌŬĞƚ ƚŚƌŽƵŐŚ ĂŶ ŝŶƚĞŐƌĂƚĞĚ ĐLJĐůĞ ŝŶĐůƵĚŝŶŐ ZĞƐĞĂƌĐŚ Θ ĞǀĞůŽƉŵĞŶƚ ŽĨ ĚĚŝƟǀĞƐ ĂŶĚ ƚŚĞŝƌ ƉƌŽĚƵĐƟŽŶ͕ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ŽĨ ďĂƐĞ ƐƚŽĐŬƐ͕ ZĞƐĞĂƌĐŚ ĂŶĚ ĞǀĞůŽƉŵĞŶƚ ŽĨ ƐĞǀĞƌĂů ĚŝīĞƌĞŶƚ ƌĂǁ ŵĂƚĞƌŝĂůƐ ĂŶĚ ůƵďƌŝĐĂŶƚƐ ĚĞǀĞůŽƉŵĞŶƚ ĂŶĚ ƚŚĞŝƌ ƉƌŽĚƵĐƟŽŶ ŝŶ Ŷŝ ďůĞŶĚŝŶŐ ƉůĂŶƚƐ͘ Ŷŝ ĂĚĚŝƟǀĞƐ ĂƌĞ ƉƌŽĚƵĐĞĚ Ăƚ ƚŚĞ ZŽďĂƐƐŽŵĞƌŽ ƉůĂŶƚ ƉůĂĐĞĚ ŝŶ ƚŚĞ ;EŽƌƚŚǁĞƐƚ ŽĨ /ƚĂůLJͿ ǁŚŝĐŚ ŵĞĞƚƐ ǀĞƌLJ ŚŝŐŚ ƉƌŽĚƵĐƟŽŶ ƋƵĂůŝƚLJ ƐƚĂŶĚĂƌĚƐ ;hE/ E /^K ϵϬϬϭͿ ŚĞĂůƚŚ Θ ƐĂĨĞƚLJ ;K,^ ^ ϭϴϬϬϭ͗ϮϬϬϳͿ ĂŶĚ ĞŶǀŝƌŽŶŵĞŶƚĂů ;hE/ E /^K ϭϰϬϬϭͿ ŽŶĞƐ͘ ĚĚŝƟǀĞ ƉĂĐŬĂŐĞƐ ĂŶĚ ƌĞůĂƚĞĚ ůƵďƌŝĐĂŶƚƐ ĂƌĞ ĚĞǀĞůŽƉĞĚ ŝŶ ĐŽŵƉůŝĂŶĐĞ ǁŝƚŚ ĂŶĚ d/ > ĐŽĚĞƐ ŽĨ ƉƌĂĐƟĐĞ͘ Ŷŝ ŽīĞƌƐ Ă ǁŝĚĞ ƐĞƚ ŽĨ ůƵďƌŝĐĂŶƚ ĂĚĚŝƟǀĞƐ ĨƌŽŵ ƐŝŶŐůĞ ĐŽŵƉŽŶĞŶƚƐ ; ĞƚĞƌŐĞŶƚƐ͕ ŝƐƉĞƌƐĂŶƚƐ͕ sŝƐĐŽƐŝƚLJ DŽĚŝĮĞƌƐ ĂŶĚ WŽƵƌ WŽŝŶƚ ĞƉƌĞƐƐĂŶƚƐͿ ƚŽ ĂĚĚŝƟǀĞ ƉĂĐŬĂŐĞƐ ;WĂƐƐĞŶŐĞƌ Ăƌ ĂŶĚ ,ĞĂǀLJ ƵƚLJ DŽƚŽƌ KŝůƐ͕ DŽƚŽƌĐLJĐůĞ͕ DĂƌŝŶĞ ĂŶĚ /ŶĚƵƐƚƌŝĂů ůƵďƌŝĐĂŶƚƐͿ͘ Ŷŝ ĂĚĚŝƟǀĞ ƉĂĐŬĂŐĞƐ ŵĞĞƚ ƚŚĞ ŵŽƐƚ ƵƉĚĂƚĞĚ ƵƌŽƉĞĂŶ ; ϮϬϭϲͿ ĂŶĚ ǁŽƌůĚǁŝĚĞ ; W/ ^E͕ />^ '&ͲϱͿ ƐƉĞĐŝĮĐĂƟŽŶƐ ĂŶĚ ƚŚĞLJ ĂƌĞ ĐŽŶƐƚĂŶƚůLJ ƌĞǀŝƐĞĚ ƚŚĂŶŬƐ ƚŽ Ŷŝ͛Ɛ ŽǁŶ ZĞƐĞĂƌĐŚ Θ ĞǀĞůŽƉŵĞŶƚ >ĂďŽƌĂƚŽƌŝĞƐ ďĂƐĞĚ ŝŶ DŝůĂŶ͕ /ƚĂůLJ ǁŚĞƌĞ ŶĞǁ ƚĞĐŚŶŽůŽŐŝĞƐ ĂƌĞ ƐƚƵĚŝĞĚ ĂŶĚ ĚĞǀĞůŽƉĞĚ ƵƐŝŶŐ ƚŚĞ ŵŽƐƚ ŝŶŶŽǀĂƟǀĞ ŵĞƚŚŽĚŽůŽŐŝĞƐ ĂŶĚ ƚĞƐƚƐ͘ dŚĞ ŶƵŵĞƌŽƵƐ ƉĂƚĞŶƚƐ ĂŶĚ ƉƌĞƐĞŶƚĂƟŽŶƐ ŝŶ ƚŚĞ ŵŽƐƚ ŝŵƉŽƌƚĂŶƚ ƐLJŵƉŽƐŝĂ ƉƌŽǀĞ ƚŚĞ ĐŽŶƟŶƵŽƵƐ ĐŽŵŵŝƚŵĞŶƚ ŽĨ Ŷŝ ŝŶ ƚŚĞ ůƵďƌŝĐĂŶƚƐ ƐĞĐƚŽƌ͘

&Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ ƉůĞĂƐĞ ĐŽŶƚĂĐƚ ŽƵƌ ƐĂůĞƐ ĚĞƉĂƌƚŵĞŶƚ Ăƚ ĞŶŝĂĚĚŝƟǀĞƐΛĞŶŝ͘ĐŽŵ͘

46

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

Ŷŝ ĚĚŝƟǀĞƐ ^ĂůĞƐ ĞƉĂƌƚŵĞŶƚ ŚĂƐ ďĞĞŶ ƐĞůůŝŶŐ ůƵďĞ ĂĚĚŝƟǀĞƐ ĂŶĚ ĐŽŵƉŽŶĞŶƚƐ ƐŝŶĐĞ ϭϵϴϯ ŝŶ ŵŽƌĞ ƚŚĂŶ ϯϬ ĐŽƵŶƚƌŝĞƐ Ăůů ŽǀĞƌ ƚŚĞ ǁŽƌůĚ ŵĞĞƟŶŐ ƚŚĞ ŶĞĞĚƐ ŽĨ ďŽƚŚ ƐŵĂůů ĂŶĚ ůĂƌŐĞ ƵƐƚŽŵĞƌƐ͕ ĂĐƟŶŐ ĂƐ Ă ƌĞůŝĂďůĞ ƉĂƌƚŶĞƌ ŝŶ ĚĞǀĞůŽƉŝŶŐ ƚĂŝůŽƌͲŵĂĚĞ ƉƌŽĚƵĐƚƐ͘ &ƵƌƚŚĞƌŵŽƌĞ͕ Ŷŝ ŐƵĂƌĂŶƚĞĞƐ dĞĐŚŶŝĐĂů ĂƐƐŝƐƚĂŶĐĞ ĂŶĚ ĐƵƐƚŽŵĞƌ ĐĂƌĞ͘

Additives

NEWS

SMART PROTECTIONS

Leading company in high technical thermoplastic extrusion products and hydraulic protections ŽƌŶ ĂƐ Ă ͞ƐƉŝŶ Žī͟ ŽĨ ĂŶ ŚŝƐƚŽƌŝĐĂů /ƚĂůŝĂŶ ŵĂŶƵĨĂĐƚƵƌĞƌ ůĞĂĚĞƌ ŝŶ ƚŚĞ ĞdžƚƌƵƐŝŽŶ ŽĨ ƚŚĞƌŵŽƉůĂƐƟĐ ƚƵďŝŶŐ͕ ^ŵĂƌƚ WƌŽƚĞĐƟŽŶƐ ƐƚĂƌƚĞĚ ŝƚƐ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ŽƉĞƌĂƟŽŶƐ ŝŶ DĂƌĐŚ ϮϬϭϱ ĂŶĚ ŵŽǀĞĚ ƚŽ Ă ďƌĂŶĚ ŶĞǁ ƐŝƚĞ ŝŶ :ĂŶƵĂƌLJ ϮϬϭϲ͘

^ŵĂƌƚ WƌŽƚĞĐƟŽŶƐ ŝƐ Ă ůĞĂĚŝŶŐ ĐŽŵƉĂŶLJ ŝŶ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ŚŝŐŚ ƚĞĐŚŶŝĐĂů ƚŚĞƌŵŽƉůĂƐƟĐ ĞdžƚƌƵƐŝŽŶ ƉƌŽĚƵĐƚƐ Θ ŚLJĚƌĂƵůŝĐ ƉƌŽƚĞĐƟŽŶƐ͘ dŚĞ ƚĞĐŚŶŝĐĂů ďĂĐŬŐƌŽƵŶĚ͕ ƚŚĞ ďƵŝůĚ ŝŶ ŬŶŽǁͲŚŽǁ ĂĐƋƵŝƌĞĚ ďLJ ^ŵĂƌƚ WƌŽƚĞĐƟŽŶƐ͕ ǁŝƚŚ ƉĂƌƟĐƵůĂƌ ĨŽĐƵƐ ƚŽ ƋƵĂůŝƚLJ͕ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ĐĂƉĂďŝůŝƚLJ Θ ŝŶƚĞƌŶĂů ZΘ ƚĞƐƟŶŐ ůĂď͕ ĂƌĞ ƐŽŵĞ ŽĨ ƚŚĞ ƐƚƌĞŶŐƚŚ ŽĨ ƚŚŝƐ ͞ĂŐĞĚ͟ ƐƚĂƌƚƵƉ͘

dŚĞ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ĨŽƌ ƉŶĞƵŵĂƟĐ ĂƉƉůŝĐĂƟŽŶƐ ŝŶĐůƵĚĞƐ dƵďŝŶŐ ŝŶ WŽůLJĂŵŝĚĞ ϭϮ͕ WŽůLJƵƌĞƚŚĂŶĞ͕ WŽůLJĞƚŚLJůĞŶĞ͕ WŽůLJĂŵŝĚĞ Θ WŽůLJƵƌĞƚŚĂŶĞ ƌĞĐŽŝůƐ Θ ĐƵƐƚŽŵ ŵĂĚĞ ƚƵďŝŶŐ ŵĂĚĞ ĂĐĐŽƌĚŝŶŐůLJ ƚŽ ĐƵƐƚŽŵĞƌ͛Ɛ requirements. dŚĞ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ĨŽƌ ƚŚĞ ,LJĚƌĂƵůŝĐ ĂƉƉůŝĐĂƟŽŶƐ ŝŶĐůƵĚĞƐ Ă ĐŽŵƉůĞƚĞ ƌĂŶŐĞ ŽĨ ƉƌŽƚĞĐƟŽŶƐ ĨŽƌ ŇĞdžŝďůĞ ŚŽƐĞƐ͘ <ŽǀĞƌƚĞĐ͕ Ă ƐƉŝƌĂů ǁƌĂƉ ĨŽƌ ĂďƌĂƐŝŽŶ ƉƌŽƚĞĐƟŽŶ͖ dĞdžƐůĞĞǀĞ͕ Ă ƚĞdžƟůĞ ƐůĞĞǀĞ ƚŽ ĐŽŶƚĂŝŶ Žŝů ƐƉŝůůƐ͖ ^ŚŝƚĞĐ Θ ^ŚŝůƚĂƉĞ͕ Ă ĮƌĞ ƉƌŽŽĨ ƐůĞĞǀĞ ŵĂĚĞ ŽĨ ĮďĞƌ ŐůĂƐƐ Θ ƐŝůŝĐŽŶ͘ DŽƐƚ ƉƌŽĚƵĐƚƐ ŝŶ ƚŚŝƐ ƌĂŶŐĞ ĂƌĞ D^, ĂƉƉƌŽǀĞĚ͘

TEXSLEEVE

TEXSLEEVE® textile sleeve

TEXWRAPTM field assembling sleeve for medium high temperatures

TEXSTRIPTM multiple hose or cable containing belts

SHILTEK

SHILTEK fiberglass, silicone coated sleeve

SHILCUT fiberglass cloth, silicone coated “flame cutting”

SHILTAPETM field wrapping fiberglass, silicone coated tape

KOVERTEC PSATM antiabrasive, plastic spiral

KOVERTEC HDTM antiabrasive, plastic spiral for “Heavy duty” applications

FLEXWRAPTM flat, plastic spiral for light applications

TM

TM

KOVERTEC

48

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

NEWS

SEALCORE

The SEALCORE Network active for many years in the production of customized articles

F.lli PARIS

dŚĞ ^ > KZ EĞƚǁŽƌŬ ŝƐ ƚŚĞ ƌĞƐƵůƚ ŽĨ ƚŚĞ ƵŶŝŽŶ ŽĨ ƐŽŵĞ ĞŶƚƌĞƉƌĞŶĞƵƌŝĂů /ƚĂůŝĂŶ ŽŵƉĂŶŝĞƐ ĂĐƟǀĞ ĨŽƌ ŵĂŶLJ LJĞĂƌƐ ŝŶ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ ĐƵƐƚŽŵŝnjĞĚ ĂƌƟĐůĞƐ ƚŽ ĚƌĂǁŝŶŐ ĂŶĚ ƚĞĐŚŶŝĐĂů ĐŽŵƉŽŶĞŶƚƐ ĨŽƌ ǀĂƌŝŽƵƐ ŝŶĚƵƐƚƌŝĂů ƐĞĐƚŽƌƐ͘ dŚĞ ŽŵƉĂŶŝĞƐ ŽĨ ƚŚĞ ^ > KZ EĞƚǁŽƌŬ ĂƌĞ ĂĐƟǀĞ ǁŽƌůĚǁŝĚĞ ŝŶ ƚŚĞ ĨŽůůŽǁŝŶŐ ŝŶĚƵƐƚƌŝĂů ĂƌĞĂƐ͗ ĞƌŽƐƉĂĐĞ Ͳ tŝŶĚ ʹ DŝŶŝŶŐ Θ ĂƌƚŚ DŽǀŝŶŐ ƋƵŝƉŵĞŶƚ Ͳ WƌŝŵĂƌLJ DĞƚĂůƐ ʹ WƵůƉ Θ WĂƉĞƌ Ͳ EĂǀĂů Θ DĂƌŝŶĞ Ͳ &ŽŽĚ Ͳ ƵƚŽŵŽƟǀĞ Ͳ ƵƚŽŵĂƟŽŶ Ͳ ŚĞŵŝĐĂůƐ Ͳ WĞƚƌŽĐŚĞŵŝĐĂůƐ Ͳ WŚĂƌŵĂĐĞƵƟĐĂů Ͳ ,LJĚƌĂƵůŝĐ͕ ,ĞĂƟŶŐ Θ ^ĂŶŝƚĂƌLJ ^LJƐƚĞŵƐ Ͳ LJŶĂŵŝĐ Θ ^ƚĂƟĐ ^ĞĂůŝŶŐ Ͳ ,ĞĂǀLJ ƵƚLJ ĂŶĚ 'ĞŶĞƌĂů /ŶĚƵƐƚƌLJ͘ dŚĞ ^ > KZ EĞƚǁŽƌŬ ŝƐ ŵĂĚĞ ŽĨ ϭϮ ŽŵƉĂŶŝĞƐ ŐƌŽƵƉĞĚ ƵŶĚĞƌ ϳ ŵĂŝŶ ƉƌŽĚƵĐƟŽŶ ĚŝǀŝƐŝŽŶƐ ĨŽƌ Ă ƚŽƚĂů ŽĨ ϲϱϮ ĞŵƉůŽLJĞĞƐ ĂŶĚ ϭϯϬ ŵŝůůŝŽŶ Φ ŝŶ ƐĂůĞƐ ŝŶ ƚŚĞ LJĞĂƌ ϮϬϭϳ͘ ďŽƵƚ ϰϰ ŵŝůůŝŽŶ Φ ŚĂǀĞ ďĞĞŶ ŝŶǀĞƐƚĞĚ ďĞƚǁĞĞŶ ƚŚĞ LJĞĂƌ ϮϬϭϱ ĂŶĚ ƚŚĞ LJĞĂƌ ϮϬϭϳ ŝŶ ƚĞĐŚŶŽůŽŐLJ͕ ŝŶĨƌĂƐƚƌƵĐƚƵƌĞ͕ ƉĞŽƉůĞ͕ ƚƌĂŝŶŝŶŐ ĂŶĚ ĞƋƵŝƉŵĞŶƚ͕ ĂŶĚ ĨƵƌƚŚĞƌ Ϯϭ ŵŝůůŝŽŶ Φ ĂƌĞ ƉůĂŶŶĞĚ ĨŽƌ ŝŶǀĞƐƚŵĞŶƚƐ ŝŶ LJĞĂƌ ϮϬϭϴ͘ dŚĞ ůĞĂŶ ŵĂŶĂŐĞŵĞŶƚ ĂŶĚ Ă ĨŽĐƵƐ ŽŶ ƚŚĞ ƐĞƌǀŝĐĞ ƚŽ ƚŚĞ ĐƵƐƚŽŵĞƌ͕ ŝŶ ĂĚĚŝƟŽŶ ƚŽ Ă ŐƵĂƌĂŶƚĞĞĚ ƋƵĂůŝƚLJ DĂĚĞ ŝŶ /ƚĂůLJ ĂƌĞ ƚŚĞ ƐƚƌĞŶŐƚŚ ŽĨ ƚŚĞ ^ > KZ EĞƚǁŽƌŬ ĂŶĚ ŝƚƐ ƐĞǀĞŶ ŵĂŝŶ ƉƌŽĚƵĐƟŽŶ ĚŝǀŝƐŝŽŶƐ͗

ŵĞƚŚŽĚ ;ǁǁǁ͘ŽƌŝŶŐŽŶĞ͘ĐŽŵͿ͘ EŽƌƐŽŬ DͲϳϭϬ ĞĚ͘ ϯ ĂƉƉƌŽǀĞĚ ŵĂƚĞƌŝĂůƐ ĂǀĂŝůĂďůĞ͖ Ͳ h /͗ KͲZŝŶŐƐ ŝŶ ǀĂƌŝŽƵƐ ĐŽŵƉŽƵŶĚƐ ǁŝƚŚ ŵĂŶLJ ĂƉƉƌŽǀĂůƐ ĂŶĚ ĐĞƌƟĮĐĂƚĞƐ ŽĨ ƋƵĂůŝƚLJ͘ &ƌŽŵ ƚŚĞ ĂƵƚŽŵŽƟǀĞ ƚŽ ƚŚĞ ŚLJĚƌĂƵůŝĐ ĂŶĚ ƚŚĞ ĨŽŽĚ ŝŶĚƵƐƚƌLJ ;ǁǁǁ͘ĚƵĐŝŐƵĂƌŶŝnjŝŽŶŝ͘ ĐŽŵͿ͘ /^K d^Ͳϭϲϵϰϵ ĐĞƌƟĮĞĚ͖ Ͳ h W/͗ DŽůĚƐ ĚĞƐŝŐŶ ĂŶĚ ŵĂŶƵĨĂĐƚƵƌŝŶŐ͘ WƌŽĚƵĐƟŽŶ ŽĨ /ŶũĞĐƟŽŶ ŵŽůĚĞĚ ĐƵƐƚŽŵͲŵĂĚĞ ĂƌƟĐůĞƐ ŝŶ ǀĂƌŝŽƵƐ ƚĞĐŚŶŽͲ ƉŽůLJŵĞƌƐ ĂŶĚ ůŝƋƵŝĚ ƐŝůŝĐŽŶ ;ǁǁǁ͘ĚƵĞƉŝƐƚĂŵƉŝ͘ĐŽŵͿ͖ Ͳ&>hKZd E͗ Wd& ͘ W < ĂŶĚ ,ŝŐŚ WĞƌĨŽƌŵĂŶĐĞ dĞĐŚŶŽͲ ƉŽůLJŵĞƌƐ͘ ^ƚŽĐŬ ƐŚĂƉĞƐ ĂŶĚ ĐƵƐƚŽŵŝnjĞĚ ĞŶŐŝŶĞĞƌĞĚ ĐŽŵƉŽŶĞŶƚƐ ;ǁǁǁ͘ŇƵŽƌƚĞŶ͘ĐŽŵͿ͘ EŽƌƐŽŬ DͲϳϭϬ ĞĚ͘ ϯ ĂŶĚ W/ ϲ ĂƉƉƌŽǀĞĚ ŵĂƚĞƌŝĂůƐ ĂǀĂŝůĂďůĞ͘ /^K EϵϭϬϬ͗ϮϬϬϵ ĐĞƌƟĮĐĂƟŽŶ ĨŽƌ ĂĞƌŽƐƉĂĐĞ ĂǀĂŝůĂďůĞ͖ Ͳ&͘>>/ W Z/^͗ ZŽƚĂƌLJ ^ŚĂŌ Kŝů ^ĞĂůƐ ĂŶĚ ĐƵƐƚŽŵͲ ŵĂĚĞ ĂƌƟĐůĞƐ ƚŽ ĚƌĂǁŝŶŐ ŝŶ ĞůĂƐƚŽŵĞƌ ĂŶĚ ƌƵďďĞƌͲƚŽͲ ŵĞƚĂů ;ǁǁǁ͘ĨƉƉĂƌŝƐ͘ĐŽŵͿ͖ Ͳ d^͗ ^ƉĞĐŝĂů ĂŶĚ ůĂƌŐĞ ƐŝnjĞ ƌŽƚĂƌLJ ƐŚĂŌ Žŝů ƐĞĂůƐ ĨŽƌ ĂƉƉůŝĐĂƟŽŶƐ ŝŶ ƚŚĞ ŚĞĂǀLJͲĚƵƚLJ ŝŶĚƵƐƚƌLJ͕ ĂŶĚ ĐƵƐƚŽŵ ŵĂĚĞ ŽǀĞƌƐŝnjĞ ƉĂƌƚƐ ƚŽ ĚƌĂǁŝŶŐ ;ǁǁǁ͘ĂƚƐŽŝůƐĞĂůƐ͘ĐŽŵͿ͖ Ͳ^>/ /d >z͗ ^ĞůĨͲůƵďƌŝĐĂƟŶŐ ďƵƐŚŝŶŐƐ ĂŶĚ ǁĂƐŚĞƌƐ ĨŽƌ ǀĂůǀĞƐ ĂŶĚ ŽƚŚĞƌ ĂƉƉůŝĐĂƟŽŶƐ ŝŶ ƚŚĞ ŚLJĚƌĂƵůŝĐ͕ ĞŶĞƌŐLJ ĂŶĚ ŵĞƚĂů ŝŶĚƵƐƚƌLJ ;ǁǁǁ͘ƐůŝďŝƚĂůLJ͘ĐŽŵͿ͘

ůů ƚŚŝƐ ŝƐ ŵƵĐŚ ŵŽƌĞ ŝƐ ^ > KZ EĞƚǁŽƌŬ͘ ͲKZ/E'KE ͗ >ĂƌŐĞ ƐŝnjĞ ĂŶĚ ŶĚůĞƐƐ KͲZŝŶŐƐ ŝŶ ǀĂƌŝŽƵƐ ŝƐĐŽǀĞƌ ƵƐ ƵŶĚĞƌ ǁǁǁ͘ƐĞĂůĐŽƌĞ͘ŶĞƚ Žƌ ĚŽǁŶůŽĂĚ ŽƵƌ ĐŽŵƉŽƵŶĚƐ͕ ƉƌŽĚƵĐĞĚ ǁŝƚŚ ĂŶ ŝŶŶŽǀĂƟǀĞ ƐƚĞƉͲŵŽůĚŝŶŐ ^ > KZ WW ĨƌŽŵ ƚŚĞ 'ŽŽŐůĞ ƐƚŽƌĞ͘

50

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

“Think Sealing with our quality made in Italy”

sealcore.net

NEWS

PRESS

BP and Johnson Matthey license innovative ZDVWH WR IXHOV WHFKQRORJ\ WR ELRIXHOV producer Fulcrum BioEnergy.

London, 25 September 2018- BP and Johnson Matthey (JM) have signed an agreement with Fulcrum BioEnergy to license their Fischer Tropsch (FT) technology to support Fulcrum’s drive to convert municipal solid waste into biojet fuel.

BP and JM have developed a simple-to-operate and cost-advantaged FT technology that can operate both at large and small scale to economically convert synthesis gas, generated from sources such as municipal solid waste and other renewable biomass, into long-chain hydrocarbons suitable for the production of diesel and jet fuels. Fulcrum will use the BP and JM technology in their new Sierra BioFuels Plant located in Storey County, Nevada, approximately 20 miles east of Reno.

The Sierra plant will be the first commercial-scale plant in the US to convert municipal solid waste feedstock, or household garbage that would otherwise be landfilled, into a low-carbon, renewable transportation fuel. When the plant begins commercial operation, planned for the first quarter of 2020, Sierra is expected to convert approximately 175,000 tons of household garbage into approximately 11 million gallons of fuel each year: equivalent to the fuel needed for more than 180 return flights between London and New York.

Angelo Amorelli, BP’s technology vice-president of group research, said: “Through our partnership with Johnson Matthey, we have developed a robust high-quality technology built on great science and great engineering. Our technology can help deliver innovative low carbon fuels that can play an important role in the energy transition. We see this first licence as a stepping stone to other similar opportunities.”

Eugene McKenna, Business Development and Innovation Director at JM added: “JM is a leader in science that makes the world cleaner and healthier and in bringing this latest technology to market, we continue to apply our expertise to tackle some of the world’s biggest challenges. We are delighted that Fulcrum has selected this technology to support their ambitions in supplying renewable fuels at significant scale. This is an important step in decarbonising transportation fuels and we will continue to use our science and engineering skills to facilitate wider adoption of this technology.”

Both BP and JM have been developing FT technology for over 30 years and in 1996 joined forces to incubate and further develop the technology. Together they have developed a system that delivers three times the productivity of a conventional multi-tubular fixed bed reactor and halves the capital expenditure when compared to traditional FT reactors. The technology also delivers significant environmental and operational benefits.

Working together, BP and JM won both the Research Project Award and the Oil and Gas Award at the prestigious IChemE Awards in November 2017 for their work on FT technology.

“We have been following BP and Johnson Matthey’s progress for several years, including the demonstrated performance and reliability of their innovative design. We are pleased to partner with them and license this improved FT technology for our Sierra BioFuels Plant,” said Jim Macias, Fulcrum BioEnergy President and Chief Executive Officer. “The BP/JM technology enhances the value of Fulcrum’s process for converting waste to low-carbon, drop-in fuels. We look forward to working with BP and JM as we build out our large development program.”

52

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

Raytech , located near Milano, the most important economic-financial area in Italy, is the company with the widest range of accessories and components for electrical cables in the world in terms of production.

Passion for design and innovation has allowed Raytech to evolve and adapt to the needs of constantly expanding national and international market standards, as well as to meet the challenge of satisfying and surprising end users with new or improved products extremely rapidly, without ever skimping on the same scrupulous quality which has always distinguished them in the production field.

The performance specifications of Raytech products have been tested and certified inside our laboratories to ensure maximum reliability to even our most demanding installers, who can find our products in 36 countries worldwide through an established and highly qualified distribution network.

In an increasingly competitive and fast market, Raytech is known as a precursor of the best and most inventive technologies, for its integrity and passion which are the cornerstones of its twenty years in the business.

Little joint

IP68, gel pre-filled micro joint, space-saver complete with connectors and with minimal aesthetic impact.

•Equipped with cable glands to avoid accidental cable traction •Complete with screw connectors •Pre-filled with non-toxic, non-classified gel •Very compact and ready to use •Always re-enterable •Halogen free & UV resistant

Raytech +39 02/33500147 r.a. info@raytech.it Via Enrico Fermi 11,13,17 20019 Settimo Milanese Milano

NEWS

ISS INTERNATIONAL

ISS International SpA is an Italian multidisciplinary engineering & integrated services company

/^^ /ŶƚĞƌŶĂƟŽŶĂů ^Ɖ ŝƐ ĂŶ /ƚĂůŝĂŶ ĨƵůůLJ ĞŶŐŝŶĞĞƌŝŶŐ /ŶƚĞŐƌĂƚĞĚ ^ĞƌǀŝĐĞ ^ŽůƵƟŽŶƐ ĐŽŵƉĂŶLJ ŽƉĞƌĂƟŶŐ ǁŽƌůĚǁŝĚĞ ƉƌŽǀŝĚŝŶŐ DƵůƟĚŝƐĐŝƉůŝŶĂƌLJ ŶŐŝŶĞĞƌŝŶŐ͕ WƌŽĐƵƌĞŵĞŶƚ͕ ŽŶƐƚƌƵĐƟŽŶ DĂŶĂŐĞŵĞŶƚ ĂŶĚ ^ƵƉĞƌǀŝƐŝŽŶ͕ WƌĞͲĐŽŵŵŝƐƐŝŽŶŝŶŐ͕ ŽŵŵŝƐƐŝŽŶŝŶŐ ĂŶĚ ^ƚĂƌƚͲƵƉ͕ dƌĂŝŶŝŶŐ͕ WƌŽĚƵĐƟŽŶ ŶŐŝŶĞĞƌŝŶŐ͕ DĂŝŶƚĞŶĂŶĐĞ ŶŐŝŶĞĞƌŝŶŐ͕ KƉĞƌĂƟŽŶ Θ DĂŝŶƚĞŶĂŶĐĞ DĂŶĂŐĞŵĞŶƚ ĂŶĚ ^ƵƉĞƌǀŝƐŝŽŶ͕ WƌŽũĞĐƚ DĂŶĂŐĞŵĞŶƚ ŽŶƐƵůƚĂŶĐLJ͕ Y,^ ͕ W/ ƚƵƌŶͲŬĞLJ ĂŶĚ dĞĐŚŶŝĐĂů ƐƐŝƐƚĂŶĐĞ ^ĞƌǀŝĐĞƐ ŝŶ ƚŚĞ KŝůΘ'ĂƐ ;hƉƐƚƌĞĂŵ͕ DŝĚƐƚƌĞĂŵ ĂŶĚ ŽǁŶƐƚƌĞĂŵͿ͕ WĞƚƌŽĐŚĞŵŝĐĂů͕ WŽǁĞƌ͕ tĂƚĞƌ ĂŶĚ tĂƐƚĞǁĂƚĞƌ͕ ŝǀŝů ĂŶĚ /ŶĨƌĂƐƚƌƵĐƚƵƌĞ ƐĞĐƚŽƌ͘ ŽŵƉĂŶLJ ĂůƐŽ ŽīĞƌƐ ƐƚĂƚĞͲŽĨͲƚŚĞͲĂƌƚ ƉƌŽĚƵĐƚƐ͕ ĚĞǀĞůŽƉĞĚ ŝŶ ŚŽƵƐĞ ďLJ ŝƚƐ ZΘ ƚĞĂŵ͗ ͲKd^͕ KƉĞƌĂƚŽƌ dƌĂŝŶŝŶŐ ^ŝŵƵůĂƚŽƌ ͲdD^͕ dƌĂŝŶŝŶŐ DĂŶĂŐĞŵĞŶƚ ^LJƐƚĞŵ ͲKΘDd^͕ KƉĞƌĂƟŽŶ ĂŶĚ DĂŝŶƚĞŶĂŶĐĞ dƌĂŝŶŝŶŐ ^ŝŵƵůĂƚŽƌ ͲdD^ KD͕ dƵƌŶŽǀĞƌ DĂŶĂŐĞŵĞŶƚ ^LJƐƚĞŵ ĨŽƌ ŽŵŵŝƐƐŝŽŶŝŶŐ Ͳ/ŵŵĞƌƐŝǀĞ ϯ WƌŽĐĞĚƵƌĞƐ Ͳ/ŶƚĞƌĂĐƟǀĞ ĂŶĚ /ŵŵĞƌƐŝǀĞ ϯ ^ŝŵƵůĂƚŽƌƐ /^^ /ŶƚĞƌŶĂƟŽŶĂů ^ƉĂ ŝƐ Ă ŐůŽďĂů ŵĂƌŬĞƚ ůĞĂĚĞƌ͕ ǁŽƌŬŝŶŐ ƚŽŐĞƚŚĞƌ ǁŝƚŚ ƚŚĞ ŬĞLJ ƉůĂLJĞƌƐ ŽĨ ƚŚĞ ŝŶĚƵƐƚƌLJ͕ ƐƵĐŚ ĂƐ͕ ďƵƚ ŶŽƚ ůŝŵŝƚĞĚ ƚŽ͗ ƚŚĞ /ƚĂůŝĂŶ E/͕ EK ŐƌŽƵƉ ŽĨ ĐŽŵƉĂŶŝĞƐ͕ YĂƚĂƌ WĞƚƌŽůĞƵŵ͕ YĂƚĂƌŐĂƐ͕ <EW ͕ dŽƚĂů͕ >ƵŬŽŝů͕ W d DE/E ͕ ƚŚĞ sĞŶĞnjƵĞůĂŶ ĂƌĚŽŶ /s͕ K ͕ ^ŽŶĂƚƌĂĐŚ͕ ĂůŽŶŐ ǁŝƚŚ ƚŚĞ ŵĂŝŶ ŝŶƚĞƌŶĂƟŽŶĂů W ŽŶƚƌĂĐƚŽƌƐ͕ ĂŵŽŶŐ ǁŚŝĐŚ͕ ^ĂŝƉĞŵ͕ dĞĐŶŝĐĂƐ ZĞƵŶŝĚĂƐ͕ WĞƚƌŽĨĂĐ͕ ŚŵĂĚŝĂŚ͕ ͕ dĞĐŶŝŵŽŶƚ͕ dĞĐŚŶŝƉ͕ tŽŽĚ 'ƌŽƵƉ͕ W ĂŶĚ ŵƵĐŚ ŵŽƌĞ͘ ůƐŽ͕ ƌĞĐĞŶƚůLJ ƚŚĞ ŽŵƉĂŶLJ ĞdžƉĂŶĚĞĚ ŝƚƐ ŚŝŐŚ ĂĚĚĞĚͲǀĂůƵĞ ĂĐƟǀŝƟĞƐ ĨŽƌ ĐŽŵƉĂŶŝĞƐ ǁŽƌŬŝŶŐ ǁŝƚŚŝŶ ƚŚĞ hŶŝƚĞĚ EĂƟŽŶƐ ĐŽŶƚĞdžƚ͘ /^^ /ŶƚĞƌŶĂƟŽŶĂů ^Ɖ D/^^/KE ŝƐ ƚŽ ƉĂƌƚŶĞƌ ǁŝƚŚ ŝƚƐ ĐƵƐƚŽŵĞƌƐ ƉƌŽǀŝĚŝŶŐ ĨƵůůLJ ŝŶƚĞŐƌĂƚĞĚ ĞŶŐŝŶĞĞƌŝŶŐ ĂŶĚ ĮĞůĚ ƐĞƌǀŝĐĞ ƐŽůƵƟŽŶƐ ĞdžĞĐƵƟŶŐ ŝƚƐ ǁŽƌŬ ǁŝƚŚ ŚŝŐŚ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ƉƌŽĨĞƐƐŝŽŶĂů ĐŽŵŵŝƚŵĞŶƚ ĂŶĚ ƚĞĐŚŶŽůŽŐŝĐĂů ŝŶŶŽǀĂƟŽŶ ďLJ ƉƵƌƐƵŝŶŐ Ă ĐŽŶƟŶƵŽƵƐ ŝŵƉƌŽǀĞŵĞŶƚ ŝŶ ŝƚƐ ĐĂƉĂďŝůŝƟĞƐ ĨŽƌ ĐƵƐƚŽŵĞƌƐ͛ ďƵƐŝŶĞƐƐ ƐƵĐĐĞƐƐ͘ /^^ /ŶƚĞƌŶĂƟŽŶĂů ^ƉĂ ĐŽŵŵŝƚŵĞŶƚ ŝƐ ƚŽ ƐƚƌŝǀĞ Ăůů ƟŵĞ ƚŽ ĚĞůŝǀĞƌ ŚŝŐŚ ƋƵĂůŝƚLJ ĂŶĚ ƐĂĨĞůLJ ƐĞƌǀŝĐĞƐ ďLJ ĨŽĐƵƐŝŶŐ ŽŶ ŝƚƐ ĐŽƌĞ ǀĂůƵĞƐ͗ ƌĞƐƉŽŶƐŝǀĞŶĞƐƐ͕ ŚŽŶĞƐƚLJ͕ ŝŶƚĞŐƌŝƚLJ͕ ƌĞƐƉĞĐƚ ĂŶĚ ĨĂŝƌŶĞƐƐ͘ hƉ ƚŽ ŶŽǁ ƚŚĞ 'ƌŽƵƉ ĐŽŶƐŝƐƚƐ ŽĨ Ɛŝdž ŽŵƉĂŶŝĞƐ ;/^^ /ŶƚĞƌŶĂƟŽŶĂů ^ƉĂ͕ /^^ tŽƌůĚ tŝĚĞ >ŽŐŝƐƟĐ ^ĞƌǀŝĐĞƐ͕ /^^ /ŶƚĞƌŶĂƟŽŶĂů YĂƚĂƌ ǁůů͕ <ĂŝƌŽƐϯ ͕ E K͕ ϮWŝŐƌĞĐŽ Ϳ͕ ƚǁŽ ŝǀŝƐŝŽŶƐ ;/^^ /ŶƚĞƌŶĂƟŽŶĂů dƌĂŝŶŝŶŐ ĞŶƚĞƌ͕ W Z^KE ΠͿ ĂŶĚ ĞŝŐŚƚ ƌĂŶĐŚĞƐ ǁŝƚŚ ŽĸĐĞƐ ŝŶ /ƚĂůLJ͕ h ͕ YĂƚĂƌ͕ ŐLJƉƚ͕ ŽŶŐŽ͕ <ĂnjĂŬŚƐƚĂŶ͕ EŝŐĞƌŝĂ͕ ůŐĞƌŝĂ͕ DŽnjĂŵďŝƋƵĞ͕ DĞdžŝĐŽ ĂŶĚ ƌĞŐŝƐƚĞƌĞĚ ƉĂƌƚŶĞƌƐŚŝƉƐ ŝŶ /ƌĂƋ͕ sĞŶĞnjƵĞůĂ͕ ŶŐŽůĂ͕ WŽůĂŶĚ͕ /ŶĚŽŶĞƐŝĂ͕ <ƵǁĂŝƚ͕ ZƵƐƐŝĂ ĂŶĚ ŝŶ ƚŚĞ ŵĂŝŶ ĐŽƵŶƚƌŝĞƐ ŽĨ ƚŚĞ ' ĂƌĞĂ͘ /^^ /ŶƚĞƌŶĂƟŽŶĂů ^Ɖ ŝƐ ĐĞƌƟĮĞĚ /^K ϵϬϬϭ ϯϰͲϯϱͲϯϳ͕ /^K ϭϰϬϬϭ͕ K^, ^ ϭϴϬϬϭ͕ /^K ϯϳϬϬϭ ĂŶĚ ŝƚ ŝƐ ĮƌŵůLJ ĐŽŵŵŝƩĞĚ ƚŽ ƉƌĞǀĞŶƚ ,ĞĂůƚŚ͕ ^ĂĨĞƚLJ ĂŶĚ ŶǀŝƌŽŶŵĞŶƚĂů ƌŝƐŬƐ ĂƌŝƐŝŶŐ ĨƌŽŵ ǁŽƌŬ ĂĐƟǀŝƟĞƐ͗ ŝŶ ƚŚĞ ůĂƐƚ ϭϬ LJĞĂƌƐ ƚŚĞ ŽŵƉĂŶLJ ǁŽƌŬĞĚ ŵŽƌĞ ƚŚĂŶ ϯϬϬ͘ϬϬϬ ŚŽƵƌƐ ƉĞƌ LJĞĂƌ ǁŝƚŚŽƵƚ ĂĐĐŝĚĞŶƚ͘ /Ŷ ϮϬϭϳ ƚŚĞ ŽŵƉĂŶLJ ŽďƚĂŝŶĞĚ͕ ĂŵŽŶŐ ƚŚĞ ĮƌƐƚ ϭϬϬ ĐŽŵƉĂŶŝĞƐ ŝŶ ƚŚĞ ǁŽƌůĚ͕ ƚŚĞ /^K ϯϳϬϬϭ ĞƌƟĮĐĂƟŽŶ͕ ͞^LJƐƚĞŵ ĨŽƌ ƚŚĞ WƌĞǀĞŶƟŽŶ ŽĨ ŽƌƌƵƉƟŽŶ͕͟ ĐŽŶĮƌŵŝŶŐ ƚŚĞ ĐƵůƚƵƌĞ ŽĨ ůĞŐĂůŝƚLJ ƚŚĂƚ ŚĂƐ ĂůǁĂLJƐ ĐŚĂƌĂĐƚĞƌŝnjĞĚ /^^ /ŶƚĞƌŶĂƟŽŶĂů ^Ɖ ͘ dŚĞ ŽŵƉĂŶLJ ĂůƐŽ ĂĐŚŝĞǀĞĚ ĐŚŝůůĞƐ &W > ĂŶĚ WŽǁĞƌΘdĞĐŚ ĐĞƌƟĮĐĂƟŽŶ͘

Process & Production Engineering

Excellence in Energy and Oil&Gas Services

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EPIC/SKIDs

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Multidisciplinary Design Engineering

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JUST FOR YOUR BUSINESS www.iss-international.it

Headhunting and Recruitment Services

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BONFANTI

Expertise and innovation in material handling and production logistics

' E Z > KE& Ed/ ŽǁŶƐ Ă ƉƌŽǀĞŶ ĞdžƉĞƌŝĞŶĐĞ ŝŶ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ƐƉĞĐŝĮĐ ƐŽůƵƟŽŶƐ ŝŶ ƚŚĞ ƐĞŐŵĞŶƚ ŽĨ ŵĂƚĞƌŝĂů ŚĂŶĚůŝŶŐ ĂŶĚ ƉƌŽĚƵĐƟŽŶ ůŽŐŝƐƟĐƐ͘ KƵƌ ĐŽŵƉĂŶLJ ƐƚĂī ŚĂƐ ƚŚĞ Ăŝŵ ƚŽ ƉůĂŶ ƚŚĞ ŵŽƐƚ ĞīĞĐƟǀĞ ƐƚƌĂƚĞŐŝĞƐ ŝŶ ŽƌĚĞƌ ƚŽ ĨĂĐŝůŝƚĂƚĞ ŵĂƚĞƌŝĂů ŚĂŶĚůŝŶŐ ǁŝƚŚ ƚŚĞ ĐŽŶƐĞƋƵĞŶƚ ŽƉƟŵŝnjĂƟŽŶ ŽĨ ƉƌŽĐĞƐƐ ƟŵŝŶŐ͕ ĂůůŽǁŝŶŐ ŝŶ ƚŚŝƐ ǁĂLJ ƚŽ ŽƵƌ ĐůŝĞŶƚƐ ƚŽ ŝŶĐƌĞĂƐĞ ƚŚĞ ƉƌŽĮƚĂďŝůŝƚLJ ŽĨ ƚŚĞŝƌ ĂĐƟǀŝƟĞƐ͕ ŐƵĂƌĂŶƚĞĞŝŶŐ ŵĂdžŝŵƵŵ ůĞǀĞů ƋƵĂůŝƚLJ ĂŶĚ ƐĂĨĞƚLJ ƐƚĂŶĚĂƌĚƐ͘ džƉĞƌƟƐĞ ĂŶĚ ŝŶŶŽǀĂƟŽŶ ŝŶ ĞǀĞƌLJ ďƌĂŶĐŚ ŽĨ ĂĐƟǀŝƚLJ ĂƌĞ ƚŚĞ ŬĞLJ ǁŽƌĚƐ ŽĨ KE& Ed/ ĚĞƐŝŐŶ ĂŶĚ ĚĞǀĞůŽƉŵĞŶƚ͘ KƵƌ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ƌĞƉƌĞƐĞŶƚƐ ƚŚĞ ŽƉƟŵŝnjĞĚ ƌĞƐƉŽŶƐĞ ƚŽ Ăůů ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ ƚŚĞ ĐůŝĞŶƚƐ͗ ĨƌŽŵ ŵĂƚĞƌŝĂů ŚĂŶĚůŝŶŐ ƚŽ ĞƋƵŝƉŵĞŶƚ ĨĞĞĚŝŶŐ͕ ĨƌŽŵ ǁĂƌĞŚŽƵƐŝŶŐ ƚŽ ƉƌŽĐĞƐƐ ĐŽŶƚƌŽů ĂŶĚ ŵŽŶŝƚŽƌŝŶŐ͘ KE& Ed/ ŝƐ ŝŶǀŽůǀĞĚ ŝŶ ĚĞƐŝŐŶ͕ ƉƌŽĚƵĐƟŽŶ ĂŶĚ ŝŶƐƚĂůůĂƟŽŶ ŽĨ͗ ͻůŝŌŝŶŐ ĞƋƵŝƉŵĞŶƚ͕ ͻŵĂƚĞƌŝĂů ŚĂŶĚůŝŶŐ ĂŶĚ ƐƚŽƌŝŶŐ ĞƋƵŝƉŵĞŶƚ͕ ͻ^t ĂƉƉůŝĐĂƟŽŶƐ ĂŶĚ ƐLJƐƚĞŵƐ͘ KE& Ed/ ĂůƐŽ ƉƌŽǀŝĚĞƐ ĐŽŶƐƵůƚĂŶĐLJ ĂŶĚ ƚƵƌŶͲŬĞLJ ƉƌŽũĞĐƚƐ ŝŶ W ŽƌŐĂŶŝnjĂƟŽŶ ; ŶŐŝŶĞĞƌŝŶŐ͕ WƌŽĐƵƌĞŵĞŶƚ ĂŶĚ ŽŶƐƚƌƵĐƟŽŶͿ ĨŽƌ ƚŚĞ ƐƵƉƉůLJ ŽĨ ĐŽŵƉůĞƚĞ ĨĂĐƚŽƌŝĞƐ ĂŶĚ ƐLJƐƚĞŵƐ͘ KƵƌ ƉƌŽĚƵĐƚ ƌĂŶŐĞ ŝŶĐůƵĚĞƐ͗ ͻƐƚĂŶĚĂƌĚ ůŝŌŝŶŐ ĞƋƵŝƉŵĞŶƚ ;ŵĂŶͲŽƉĞƌĂƚĞĚͿ͕ ͻŽƚŚĞƌ ŵĂƚĞƌŝĂů ŚĂŶĚůŝŶŐ ŵĂĐŚŝŶĞƐ ĂŶĚ ƐLJƐƚĞŵƐ͕ ͻĂƵƚŽŵĂƟĐ ǁĂƌĞŚŽƵƐĞƐ͕

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ͻƉƌŽĐĞƐƐ ŵŽŶŝƚŽƌŝŶŐ ĂŶĚ ĐŽŶƚƌŽů͕ ͻŐĞŶĞƌĂů ĞŶŐŝŶĞĞƌŝŶŐ͘ KE& Ed/ ŚĂƐ Ă ĚĞĚŝĐĂƚĞĚ ůŝŶĞ ŽĨ ƉƌŽĚƵĐƚƐ ĨŽƌ ĚŝīĞƌĞŶƚ ŝŶĚƵƐƚƌŝĂů ƐĞĐƚŽƌƐ͕ ŽīĞƌŝŶŐ ƉƌŽĚƵĐƚƐ ƚŚĂƚ ǀĂƌLJ ĨƌŽŵ ƌĞůĂƟǀĞůLJ ƐŝŵƉůĞ ŵĂŝŶƚĞŶĂŶĐĞ ĐƌĂŶĞƐ ĂŶĚͬŽƌ ŽƚŚĞƌ ůŝŌŝŶŐ ĞƋƵŝƉŵĞŶƚ ƵƉ ƚŽ ƐƉĞĐŝĮĐ ƉƌŽĐĞƐƐ Žƌ ŚĞĂǀLJ ĚƵƚLJ ĞƋƵŝƉŵĞŶƚ ǁŝƚŚ ĐĂƉĂĐŝƟĞƐ ƵƉ ƚŽ Ă ϰϬϬƚ͘ KE& Ed/ ^d E Z ^ E Yh >/dz KE& Ed/ ĞƋƵŝƉŵĞŶƚ ŝƐ ĚĞƐŝŐŶĞĚ ƵƐŝŶŐ & D ĂŶĚ /^K ƐƚĂŶĚĂƌĚƐ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ ƚŚĞ D ,/E Zz /Z d/s ĨŽƌ ŵĂƌŬŝŶŐ͘ dŚĞŝƌ ĚŝŵĞŶƐŝŽŶŝŶŐ͕ ďĞƐŝĚĞƐ ƚŚĞ ƐƚĂŶĚĂƌĚƐ͕ ƚĂŬĞƐ ŝŶƚŽ ĂĐĐŽƵŶƚ ďŽƚŚ ƚŚĞ ƉĂƌƟĐƵůĂƌŝƟĞƐ ŽĨ ƚŚĞ ƐĞƌǀŝĐĞ ĂƐ ǁĞůů ĂƐ ƚŚĞ ĐŽŶĚŝƟŽŶƐ ƉƌĞƐĞŶƚ ŝŶ ƚŚĞ ǁŽƌŬ ĂƌĞĂ ǁŚĞƌĞ ƚŚĞLJ ĂƌĞ ŐŽŝŶŐ ƚŽ ďĞ ƵƐĞĚ͘ ^ŝŶĐĞ ůŽŶŐ ƟŵĞ ĂůƌĞĂĚLJ KE& Ed/ ŚĂƐ ďĞĞŶ ŽƉĞƌĂƟŶŐ ƵŶĚĞƌ ƚŚĞ ĐŽŶƚƌŽů ĂŶĚ ƋƵĂůŝƚLJ ĂƐƐƵƌĂŶĐĞ ƌĞŐŝŵĞ ĐĞƌƟĮĞĚ /^K ϵϬϬϭ ĨŽƌ ƚŚĞ ĨŽůůŽǁŝŶŐ ĂĐƟǀŝƚLJ ĮĞůĚƐ͗ ĚĞƐŝŐŶ͕ ĨĂďƌŝĐĂƟŽŶ͕ ŝŶƐƚĂůůĂƟŽŶ͕ ĐŽŵŵŝƐƐŝŽŶŝŶŐ ĂŶĚ ĂŌĞƌ ƐĂůĞƐ ƐƵƉƉŽƌƚ͘ WĂLJŝŶŐ ŵĂdžŝŵƵŵ ĂƩĞŶƟŽŶ ƚŽ ƚŚĞ ƐƚĂŶĚĂƌĚŝnjĂƟŽŶ ŽĨ ƐƉĂƌĞ ƉĂƌƚƐ ĂŶĚ ƉƌŽƉŽƐŝŶŐ ^ƉĂƌĞ WĂƌƚ <ŝƚƐ ĐĂƌĞĨƵůůLJ ĐŚŽƐĞŶ͕ KE& Ed/ ŽīĞƌƐ ƚŽ ƚŚĞ ůŝĞŶƚƐ ƚŚĞ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ĐŽŶƚĂŝŶ ƚŚĞ ĐŽƐƚƐ ŽĨ ƚŚĞŝƌ ƐƵƉƉůLJ ĂŶĚ ƚŽ ŵŝŶŝŵŝnjĞ ƚŚĞ ƌĞƉĂƌĂƟŽŶ ƟŵĞƐ ;ĂŶĚ ƉƌŽĚƵĐƟŽŶ ůŽƐƐ ƟŵĞƐͿ ƚŚĂƚ͕ ĐŽŶƐĞƋƵĞŶƚůLJ͕ ŐĞŶĞƌĂƚĞ ĐŽƐƚƐ ŵƵĐŚ ŚŝŐŚĞƌ ƚŚĂŶ ƚŚŽƐĞ ĚĞĚŝĐĂƚĞĚ ƚŽ ƐƉĂƌĞ ƉĂƌƚƐ͘ KƵƌ ŵŝƐƐŝŽŶ ŝƐ ƚŽ ŽīĞƌ ĞdžƉĞƌƟƐĞ ĂŶĚ ƉƌŽĚƵĐƚƐ ƚŽ ƚŚĞ ĐůŝĞŶƚƐ ǁŚŽƐĞ ŵĂŝŶ ŽďũĞĐƟǀĞ ŝƐ ƚŚĞ ŝŶĐƌĞĂƐĞ ŽĨ ƉƌŽĮƚĂďŝůŝƚLJ ŽĨ

ƚŚĞŝƌ ĐŽŵƉĂŶLJ ĂĐƟǀŝƟĞƐ ĂŶĚ ŽĨ ŝŶƚĞƌŶĂů ůŽŐŝƐƟĐƐ ĞĸĐŝĞŶĐLJ͘ KE& Ed/ &KZ ^d > Ͳ , Yh/WD Ed /Ŷ ŽƌĚĞƌ ƚŽ ƉƌŽǀŝĚĞ ǀĂůŝĚ ƌĞƉůŝĞƐ ƚŽ ůŝĞŶƚ ƌĞƋƵĞƐƚƐ ĨŽƌ ĂůǁĂLJƐ ďŝŐŐĞƌ ƉƌŽĚƵĐƟǀŝƚLJ͕ KE& Ed/ ŚĂƐ ĚĞǀĞůŽƉĞĚ ƚŚĞ ͞, ͟ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ĚĞĚŝĐĂƚĞĚ ƚŽ ƐƚĞĞů ŝŶĚƵƐƚƌLJ͕ ĂďůĞ ƚŽ ƐĂƟƐĨLJ ĂůǁĂLJƐ ŵŽƌĞ ĐŽŵƉůĞdž ŽƉĞƌĂƟŽŶĂů ƌĞƋƵŝƌĞŵĞŶƚƐ ǁŝƚŚ ƚŚĞ ŝŶĐƌĞĂƐĞ ŽĨ ƵƉƟŵĞ ĂŶĚ ƌĞĚƵĐƟŽŶ ŽĨ ƟŵĞ ůŽƐƐĞƐ͘ dŚĞ ͞, ͟ ĞƋƵŝƉŵĞŶƚ ŝƐ ƐƚƵĚŝĞĚ ƚŽ ƌĞƐƉŽŶĚ ƚŽ ƚŚĞ ƐƉĞĐŝĮĐ ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ ƚŚŝƐ ĞdžƚƌĞŵĞůLJ ŚĞĂǀLJ ĚƵƚLJ ƐĞĐƚŽƌ ƐƵĐŚ ĂƐ͗ ͻƐĂĨĞƚLJ͕ ͻƌĞůŝĂďŝůŝƚLJ͕ ͻŚŝŐŚĞƐƚ ƉĞƌĨŽƌŵĂŶĐĞ ůĞǀĞůƐ͘ dŚŝƐ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ĐŽŶƐĞŶƚƐ ƚŽ ĐŽǀĞƌ Ăůů ƚŚĞ ƉƌŽĚƵĐƟŽŶ ƉƌŽĐĞƐƐ ŚĂŶĚůŝŶŐ ƐƚĂƌƟŶŐ ĨƌŽŵ ƌŽǁ ŵĂƚĞƌŝĂůͬŵŝŶĞƌĂůͬ ƐĐƌĂƉ ŐŽŝŶŐ Ăůů ƚŚĞ ǁĂLJ ƚŽ ƚŚĞ ĮŶĂů ƉŚĂƐĞƐ ĚĞĚŝĐĂƚĞĚ ƚŽ ƐƚŽƌĂŐĞ ĂŶĚ ĚŝƐƉĂƚĐŚ ĂƌĞĂƐ͘ ^ŝŶĐĞ ĞǀĞƌLJ ĂƉƉůŝĐĂƟŽŶ ŝŶƐŝĚĞ ƚŚĞ ƐƚĞĞůǁŽƌŬƐ ƉƌĞƐĞŶƚƐ ŝƚƐ ŽǁŶ ƉĂƌƟĐƵůĂƌŝƟĞƐ͕ ƌĞƋƵŝƌŝŶŐ ƐƉĞĐŝĂůůLJ ĚĞƐŝŐŶĞĚ ƐŽůƵƟŽŶƐ͕ KE& Ed/ ŚĂƐ ĚŝǀĞƌƐŝĮĞĚ ŝƚƐ ͞, ͟ ƌĂŶŐĞ ďĂƐĞĚ ŽŶ ǀĂƌŝŽƵƐ ƐƚĂŐĞƐ ŽĨ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ƉƌŽĐĞƐƐ͘ ĞŝŶŐ ŽƌŝĞŶƚĂƚĞĚ ƚŽǁĂƌĚ ĐŽŶƟŶƵŽƵƐ ŝŵƉƌŽǀĞŵĞŶƚ͕ ƚŚĞ ƐŽůƵƟŽŶƐ ĂƉƉůŝĞĚ ŽŶ ͞, ͟ ĞƋƵŝƉŵĞŶƚ ŐĞƚ ĐŽŶƐƚĂŶƚůLJ ƵƉĚĂƚĞĚ ƚŽ ŵĂŬĞ ƚŚĞŵ ĂůǁĂLJƐ ŵŽƌĞ ƐƵŝƚĂďůĞ ƚŽ ƐŽůǀĞ ƐƉĞĐŝĮĐ ŝƐƐƵĞƐ ƌĞůĂƚĞĚ ƚŽ ƚŚŝƐ ƐĞĐƚŽƌ ƐƵĐŚ ĂƐ͗ ͻƉƌĞƐĞŶĐĞ ŽĨ ŚĞĂƚ ƐŽƵƌĐĞƐ ĂŶĚ ĚƵƐƚƐ͕ ͻŵĂŶĂŐĞŵĞŶƚ ŽĨ ůŝŵŝƚĞĚ ŵĂŝŶƚĞŶĂŶĐĞ ƉĞƌŝŽĚƐ͕ ͻŽƉĞƌĂƚŽƌƐ ƐĂĨĞƚLJ͘ dŚĞ ĚĞƐŝŐŶ ďĂƐŝƐ ŽĨ ͞, ͟ ĞƋƵŝƉŵĞŶƚ ĂƐƐƵŵĞƐ ŵĂdžŝŵƵŵ ĐĂƌĞ ƚŽ ƚŚĞ ĂƐƉĞĐƚ ŽĨ ƐƚĂŶĚĂƌĚŝnjĂƟŽŶ ŽĨ ŵĞĐŚĂŶŝĐĂů ĂŶĚ ĞůĞĐƚƌŝĐĂů ƉĂƌƚƐ ŝŶ ŽƌĚĞƌ ƚŽ ŵĂŬĞ ůĞƐƐ ďƵƌĚĞŶƐŽŵĞ ƚŚĞ ƐƵƉƉůLJ ŽĨ ƐƉĂƌĞ ƉĂƌƚƐ͘ ůů ƚŚŝƐ ĐŽŶƐĞŶƚƐ ƚŽ ƉƌŽǀŝĚĞ ƚŽ ƚŚĞ ĞŶĚ ƵƐĞƌƐ ƚŚĞ ĞdžƉĞƌŝĞŶĐĞ ĂŶĚ ƉƌŽĚƵĐƚƐ ǁŚŽƐĞ ŵĂŝŶ ŽďũĞĐƟǀĞƐ ĂƌĞ ƚŚĞ ŝŶĐƌĞĂƐĞ ŽĨ ƉƌŽĚƵĐƟǀŝƚLJ ĂŶĚ ůŽŐŝƐƟĐ ĞĸĐŝĞŶĐLJ ǁŝƚŚ ƉĂƌƟĐƵůĂƌ ƌĞŐĂƌĚ ƚŽ ƚŚĞ ŝŶĐƌĞĂƐĞ ŽĨ ƐĂĨĞƚLJ ĂŶĚ ƚŽ ƌĞĚƵĐƟŽŶ ŽĨ ƚŚĞ ŵĂŝŶƚĞŶĂŶĐĞ ĐŽƐƚƐ͘ KE& Ed/ &KZ , d dZ dD Ed Ͳ ,d hdKD d/ Yh/WD Ed dŚĞ ͞,d͟ ĞƋƵŝƉŵĞŶƚ ĂƌĞ ĚĞƐŝŐŶĞĚ ƚŽ ŵĂŶĂŐĞ hdKD d/ ŚĂŶĚůŝŶŐ ĂŶĚ ƐƚŽƌŝŶŐ ĂĐƟǀŝƟĞƐ ĨŽƌ ƚŚĞ &ŽƌŐŝŶŐͬ,ĞĂƚ ƚƌĞĂƚŵĞŶƚ ƉƌŽĐĞƐƐĞƐ͘ dŚĞ ƚLJƉŝĐĂů ĚĞƐƟŶĂƟŽŶƐ ĂƌĞ͗ ĨŽƌŐŝŶŐ͕ ǁŝƌĞǁŽƌŬƐ͕ ĨĂƐƚĞŶĞƌ ĂŶĚ ďŽůƚƐ ƉƌŽĚƵĐƟŽŶƐ͘ dŚĞ ŵŽĚƵůĂƌŝƚLJ ŽĨ ƚŚĞ ͞,d͟ ƐŽůƵƟŽŶƐ ƉĞƌŵŝƚƐ ƚŽ ƌĞĂůŝnjĞ Ă ĐŽŵƉůĞƚĞ ĞŶŐŝŶĞĞƌŝŶŐ ŽĨ ƚŚĞ ůŽŐŝƐƟĐ ƉƌŽĐĞƐƐĞƐ͘ dŚĞ ŵĂŝŶ ĨĞĂƚƵƌĞƐ ĂƌĞ͗ ͻĂŶƟͲƐǁĂLJ ŵĞĐŚĂŶŝĐĂů ƐLJƐƚĞŵ ƚŽ ĂǀŽŝĚ ĂŶLJ ŽƐĐŝůůĂƟŽŶ ĚƵƌŝŶŐ ƚŚĞ ĞdžĞĐƵƟŽŶ ŽĨ ƚŚĞ ŚĂŶĚůŝŶŐͬƐƚŽƌŝŶŐ ƉƌŽĐĞƐƐ͕ ͻĂƵƚŽŵĂƟĐ ŝĚĞŶƟĮĐĂƟŽŶ ŽĨ ƚŚĞ ŵĂƚĞƌŝĂů ƚŽ ďĞ ŚĂŶĚůĞƐ͕ ͻĚŝŵĞŶƐŝŽŶĂů ǀĞƌŝĮĐĂƟŽŶ ŽĨ ƚŚĞ ŵĂƚĞƌŝĂů͕ ͻĂƵƚŽŵĂƟĐ ƉŽƐŝƟŽŶŝŶŐ ŽĨ ƚŚĞ ŵĂƚĞƌŝĂů ;ƚŽ ďĞ ƚƌĞĂƚĞĚ ĂŶĚ ƚƌĞĂƚĞĚͿ ŝŶ Ă ĐŽŵƉůĞƚĞ ƉƌŽĐĞƐƐ ĂƌĞĂ ŝŶĐůƵĚŝŶŐ ƚŚĞ ůŽĂĚŝŶŐ ŽĨ ƚŚĞ ĨƵƌŶĂĐĞƐ͕ ŽĨ ƚŚĞ ĂŶŶĞĂůŝŶŐ ǁĂƚĞƌ ďĂƚŚƐ ĂŶĚ ŽĨ ƚŚĞ ĐŽŽůŝŶŐ ƉůĂƞŽƌŵƐ͘ ͻĂƵƚŽŵĂƟĐ ƐƚŽƌŝŶŐ ŝŶ t/W tĂƌĞŚŽƵƐĞƐ ĨŽƌ ƚŚĞ ŵĂƚĞƌŝĂů ƚŽ ďĞ ƚƌĞĂƚĞĚ ĂŶĚ ƚƌĞĂƚĞĚ͕ ͻĂƵƚŽŵĂƟĐ ĞǀĂĐƵĂƟŽŶ ŽĨ ƚŚĞ ƚƌĞĂƚĞĚ ŵĂƚĞƌŝĂů ĨƌŽŵ ƚŚĞ ǁŽƌŬŝŶŐ ĂƌĞĂ͕ ͻƉƌŽĐĞƐƐ ĚĂƚĂ ĞdžĐŚĂŶŐĞ ǁŝƚŚ ZW ĂŶĚ D ^ ĞdžƚĞƌŶĂů ĂƉƉůŝĐĂƟŽŶƐ͘

KE& Ed/ &KZ W/ <>/E' Ͳ ͞WW͟ hdKD d/ Yh/WD Ed dŚĞ ͞WW͟ ĞƋƵŝƉŵĞŶƚ ƉĞƌŵŝƚƐ Ă ĨƵůůLJ ƵƚŽŵĂƟĐ ŵĂŶĂŐĞŵĞŶƚ ŽĨ ƚŚĞ ŵĂƚĞƌŝĂů ŚĂŶĚůŝŶŐ ĨŽƌ ƚŚĞ ƉŝĐŬůŝŶŐ ƉůĂŶƚƐ͘ dŚĞ ƚLJƉŝĐĂů ĚĞƐƟŶĂƟŽŶƐ ĂƌĞ͗ tŝƌĞǁŽƌŬƐ͕ &ĂƐƚĞŶĞƌ ĂŶĚ ďŽůƚƐ ƉƌŽĚƵĐƟŽŶƐ͘ dŚĞ ŵĂŝŶ ĨĞĂƚƵƌĞƐ ŽĨ ƚŚĞƐĞ ƐLJƐƚĞŵƐ ĂƌĞ͗ ͻĚĞƐŝŐŶĞĚ ĂŶĚ ƉƌŽĚƵĐĞĚ ƚŽ ŽƉĞƌĂƚĞ ŝŶ ĐŽƌƌŽƐŝǀĞ ĂŶĚ ŚĞĂǀLJ ĞŶǀŝƌŽŶŵĞŶƚƐ ƚLJƉŝĐĂů ŽĨ ƚŚĞ ƉŝĐŬůŝŶŐ ƉůĂŶƚƐ͕ ͻĂŶƟͲƐǁĂLJ ŵĞĐŚĂŶŝĐĂů ƐLJƐƚĞŵ ƚŽ ĂǀŽŝĚ ĂŶLJ ŽƐĐŝůůĂƟŽŶ ĚƵƌŝŶŐ ƚŚĞ ĞdžĞĐƵƟŽŶ ŽĨ ƚŚĞ ŚĂŶĚůŝŶŐ ƉƌŽĐĞƐƐ͕ ͻĐŽŵƉůĞƚĞ ŵĂŶĂŐĞŵĞŶƚ ŽĨ ƚŚĞ ǁŽƌŬŝŶŐ ĐLJĐůĞƐ͕ ͻĂƵƚŽŵĂƟĐ ƉŽƐŝƟŽŶŝŶŐ ĂŶĚ ĞdžĞĐƵƟŽŶ ŽĨ ƚŚĞ ŵŽǀĞŵĞŶƚƐ ŽĨ ƚŚĞ ŵĂƚĞƌŝĂů ďĞƚǁĞĞŶ ƚŚĞ ƉŝĐŬůŝŶŐ ƚĂŶŬƐ͕ ͻĐŽŵƉůĞƚĞ ĐŽŶƚƌŽů ĂŶĚ ĐĞƌƟĮĐĂƟŽŶ ŽĨ ƚŚĞ ĚŝƉƉŝŶŐ ƟŵĞƐ͕ ͻĚŝīĞƌĞŶƚ ǁŽƌŬŝŶŐ ĐLJĐůĞƐ ŝŶ ďĂƐĞ ŽĨ ĚŝīĞƌĞŶƚ ŬŝŶĚ ŽĨ ŵĂƚĞƌŝĂů͕ ͻƉŽƐƐŝďŝůŝƚLJ ƚŽ ŚĂŶĚůĞ͕ Ăƚ ƚŚĞ ƐĂŵĞ ƟŵĞ͕ ĚŝīĞƌĞŶƚ ŬŝŶĚ ŽĨ ŵĂƚĞƌŝĂůƐ͘

NEWS

BONFANTI

KE& Ed/ &KZ ^dKZ/E' Ͳ ͞t^͟ hdKD d/ Yh/WD Ed dŚĞ ͞t^͟ ĞƋƵŝƉŵĞŶƚ ĂƌĞ ĚĞƐŝŐŶĞĚ ƚŽ ŵĂŶĂŐĞ ƚŚĞ hdKD d ƐƚŽƌŝŶŐ ŽĨ ŵĂƚĞƌŝĂů ŚĂǀŝŶŐ ďŝŐ ĚŝŵĞŶƐŝŽŶƐ ĂŶĚͬŽƌ ŚĞĂǀLJ ǁĞŝŐŚƚ ;ůŝŬĞ ^ƚĞĞů ĂŶĚ ůƵŵŝŶŝƵŵ ĐŽŝůƐ͕ ƐƚĞĞů ďŝůůĞƚƐ͕ ďƌĂƐƐ ďŝůůĞƚƐ ĂŶĚ ƉƌŽĮůĞƐ͕ ůƵŵŝŶŝƵŵ ĂŶĚ ƐƚĞĞů ƉůĂƚĞƐ͕ ƉƌŽĮůĞƐ͕ ďĂƌƐͿ͘ dŚĞ ŵĂŝŶ ĨĞĂƚƵƌĞƐ ĂƌĞ͗ ͻĂŶƟͲƐǁĂLJ ŵĞĐŚĂŶŝĐĂů ƐLJƐƚĞŵ ƚŽ ĂǀŽŝĚ ĂŶLJ ŽƐĐŝůůĂƟŽŶ ĚƵƌŝŶŐ ƚŚĞ ĞdžĞĐƵƟŽŶ ŽĨ ƚŚĞ ƐƚŽƌŝŶŐ ƉƌŽĐĞƐƐ͕ ͻĂƵƚŽŵĂƟĐ ŚĂŶĚůŝŶŐ ;ĂĞƌŝĂů ǁŝƚŚ ĂƵƚŽŵĂƟĐ ƐƚĂĐŬĞƌ ĐƌĂŶĞƐ ĂŶĚ ŐƌŽƵŶĚ ǁŝƚŚ ĐŽŵďŝŶĂƟŽŶ ŽĨ ĐŽŶǀĞLJŽƌƐ ĂŶĚ ƐŚƵƩůĞƐ ĂĐĐŽƌĚŝŶŐ Ăƚ ƚŚĞ ůŽŐŝƐƟĐ ĂŶĚ ĐLJĐůĞ ĐŽŶƐƚƌĂŝŶƐ ŽĨ ƚŚĞ ĂƉƉůŝĐĂƟŽŶͿ ŽĨ ƚŚĞ ŵĂƚĞƌŝĂů ĚƵƌŝŶŐ ƚŚĞ ƌĞĐĞŝǀŝŶŐ ;ŝŶƉƵƚͿ͕ ƐƚŽƌŝŶŐ ĂŶĚ ƌĞůĞĂƐŝŶŐ ;ŽƵƚƉƵƚͿ ŽĨ ƚŚĞ ŵĂƚĞƌŝĂů͕ ͻĂƵƚŽŵĂƟĐ ǀĞƌŝĮĐĂƟŽŶ ŽĨ ƚŚĞ ŵĂƚĞƌŝĂů ĚŝŵĞŶƐŝŽŶƐ ďĞĨŽƌĞ ƚŚĞ ƐƚŽƌŝŶŐ͕ ͻĂƵƚŽŵĂƟĐ ƐƚŽƌŝŶŐ ŽĨ ƚŚĞ ŵĂƚĞƌŝĂů ŝŶ ďĂƐĞ ŽĨ ƚŚĞ ĂǀĂŝůĂďŝůŝƚLJ ŽĨ ƚŚĞ ƐƉĂĐĞ ŝŶƐŝĚĞ ƚŚĞ ǁĂƌĞŚŽƵƐĞ ĂŶĚ ŝŶ ďĂƐĞ ŽĨ ƚŚĞ ƉƌĞĐŽŶĮŐƵƌĞĚ ƐƚŽƌŝŶŐ ůŽŐŝĐƐ͕ ͻĐŽŵƉůĞƚĞ ŵĂŶĂŐĞŵĞŶƚ ŽĨ ĞdžƉŽƌƚ ;ƉŝĐŬƵƉͿ ůŝƐƚƐ ŝŶ ŽƌĚĞƌ ƚŽ ĂƵƚŽŵĂƟĐĂůůLJ ƉƌŽǀŝĚĞ ƚŚĞ ŵĂƚĞƌŝĂů ŝŶ ƚŚĞ ŽƵƚƉƵƚ ďĂLJƐ ŝŶ ďĂƐĞ ŽĨ ƚŚĞ ƌĞƋƵŝƌĞĚ ƌĞƚƌŝĞǀĂů ůŝƐƚ͕ ͻĂƵƚŽŵĂƟĐ ƌĞŽƌĚĞƌŝŶŐ ŽĨ ƚŚĞ ǁĂƌĞŚŽƵƐĞ ŝŶ ŽƌĚĞƌ ƚŽ ŽƉƟŵŝnjĞ ƚŚĞ ƐƉĂĐĞ ƵƐĞ ĂŶĚ ƚŽ ŵŝŶŝŵŝnjĞ ƚŚĞ ĨƵƚƵƌĞ ƐƚŽƌŝŶŐͬƌĞƚƌŝĞǀĂů ĐLJĐůĞƐ͕ ͻĚĂƚĂ ĞdžĐŚĂŶŐĞ ǁŝƚŚ ZW ĂŶĚ D ^ ƐLJƐƚĞŵƐ ĨŽƌ ƚŚĞ ƌĞĐĞŝǀŝŶŐ ŽĨ ƚŚĞ ŵĂƚĞƌŝĂů ĚĂƚĂ͕ ƚŚĞ ƉŝĐŬŝŶŐ ůŝƐƚ ĂŶĚ ĨŽƌ ƚŚĞ ƚƌĂŶƐŵŝƐƐŝŽŶ ŽĨ ƚŚĞ ǁĂƌĞŚŽƵƐĞ ƐƚŽƌŝŶŐ ĐĞůůƐ ĂŶĚ ƚŚĞ /ͬK ŵŝƐƐŝŽŶƐ͘ KE& Ed/ &KZ W> ^d/ KE& Ed/ ŝƐ ŵĂƌŬĞƚ ůĞĂĚĞƌ ĨŽƌ ƵƚŽŵĂƟĐ ŚĂŶĚůŝŶŐ͕ ƐƚŽƌŝŶŐ ĂŶĚ ƉĂĐŬĂŐŝŶŐ ƐLJƐƚĞŵƐ ĨŽƌ ƚŚĞ WůĂƐƟĐ &ŝůŵ WƌŽĚƵĐƟŽŶ͘ ĐŽŵƉůĞƚĞ ƌĂŶŐĞ ŽĨ ĞƋƵŝƉŵĞŶƚ ĂŶĚ ƐLJƐƚĞŵƐ ŝƐ ĂǀĂŝůĂďůĞ ƚŽ ƐĂƟƐĨLJ ĂŶLJ ƉƌŽĐĞƐƐ ƌĞƋƵŝƌĞŵĞŶƚ ŝŶ ƚŚŝƐ ƉƌŽĚƵĐƟŽŶ ƉƌŽĐĞƐƐ͘ DŽƌĞ ŝŶĨŽƌŵĂƟŽŶ ŝƐ ĂǀĂŝůĂďůĞ ŽŶ ƚŚĞ KE& Ed/ ǁĞďƐŝƚĞ ;ǁǁǁ͘ďŽŶĨĂŶƟ͘ŝƚͿ͘

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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NEWS

SIDERPIGHI

Siderpighi, innovative products and services The Successful Story goes on ^ŝĚĞƌƉŝŐŚŝ ^͘Ɖ͘ ͕͘ ǁŝƚŚ ŵŽƌĞ ƚŚĂŶ ϲϬ LJĞĂƌƐ ŽĨ ƐƵĐĐĞƐƐĨƵů ƐƚŽƌLJ͕ ƉƵƚƐ /ƚƐĞůĨ ŝŶ ƚŚĞ ůĞĂĚŝŶŐ ƉŽƐŝƟŽŶ ŽĨ ƚŚĞ ƐƚĞĞů ƉŝƉĞƐ ĚŝƐƚƌŝďƵƟŽŶ͘ tŝƚŚ ĂŶ ŝŶĚƵƐƚƌŝĂů ĂŶĚ ĐŽŵŵĞƌĐŝĂů ĂƌĞĂ ŽĨ ϱϱ͘ϬϬϬ ƐƋƵĂƌĞ ŵĞƚĞƌƐ͕ ĂŶĚ ĂŶ ĂǀĞƌĂŐĞ ƐƚŽĐŬ ĂǀĂŝůĂďŝůŝƚLJ ŽĨ Ϯϱ͘ϬϬϬ ƚŽŶƐ ŽĨ ůŽŶŐŝƚƵĚŝŶĂů ǁĞůĚĞĚ ƉŝƉĞƐ ĂŶĚ ŚŽƚ ƌŽůůĞĚ ƐĞĂŵůĞƐƐ ƉŝƉĞƐ͕ ^ŝĚĞƌƉŝŐŚŝ ŝŶƚƌŽĚƵĐĞƐ /ƚƐĞůĨ ǁŝƚŚ Ă ďƌĂŶĚ ŶĞǁ ŝŵĂŐŝŶĞ͕ ĨŽĐƵƐĞĚ ŽŶ ƐĞƌǀŝĐĞƐ͕ ŝŶ ŽƌĚĞƌ ƚŽ ĐŽǀĞƌ ĂŶĚ ƐĂƟƐĨLJ Ăůů ƚŚĞ ĚŝīĞƌĞŶƚ ƌĞƋƵŝƌĞŵĞŶƚƐ ĂŶĚ ĐŚĂůůĂŶŐĞƐ ŽĨ ƚŚĞ ŵŽĚĞƌŶ ŵĂƌŬĞƚ͘ YƵĂůŝƚLJ WŽůŝĐLJ dŚĞ ŵĂŝŶƚĞŶĂŶĐĞ ĂŶĚ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ƚŚĞ ůĞĂĚĞƌƐŚŝƉ ŽĨ ƚŚĞ ^ŝĚĞƌƉŝŐŚŝ ^͘Ɖ͘ ͘ ŝŶ ƚŚĞ ƐĂůĞ ŽĨ ƐƚĞĞů ƉŝƉĞƐ ĨŽƌ ŵĞĐŚĂŶŝĐĂů ĂŶĚ ƐƚƌƵĐƚƵƌĂů ĂƉƉůŝĐĂƟŽŶƐ͕ ŝƚ ƉĂƐƐĞƐ ƚŚƌŽƵŐŚ ƚŚĞ ĐŽŵƉůĞƚĞ ƐĂƟƐĨĂĐƟŽŶ ŽĨ ƚŚĞ ŶĞĞĚƐ ŽĨ ĐƵƐƚŽŵĞƌƐ ĂŶĚ ŽƚŚĞƌ ŝŶƚĞƌĞƐƚĞĚ ƉĂƌƟĞƐ ; ƵƐƚŽŵĞƌ͕ ƉƌŽƉĞƌƚLJ͕ ƐƵƉƉůŝĞƌƐ͕ ŚƵŵĂŶ ƌĞƐŽƵƌĐĞƐ͕ ĐŽŵŵƵŶŝƚLJͿ͘ ĞƌƟĮĞĚ ƉƌŽĚƵĐƚ ^dZh dhZ > t > Ͳ W/ Ͳ ^,^ ͬ Z,^ Ͳ ,KE Ͳ ^ D> ^^ Ͳ ZKhE Z ^ŝĚĞƌƉŝŐŚŝ͕ ŽīĞƌƐ Ă ĐŽŵƉůĞƚĞ ƐŝnjĞ ƌĂŶŐĞ ŽĨ ǁĞůĚĞĚ ĂŶĚ ƐĞĂŵůĞƐƐ ƐƚĞĞů ƉŝƉĞƐ͕ ĨŽƌ ƐƚƌƵĐƚƵƌĂů ĂŶĚ ŵĞĐŚĂŶŝĐĂů ĂƉƉůŝĐĂƟŽŶƐ͘ KŶ ĚĞŵĂŶĚ ŝƚ ŵĂLJ ƐƵƉƉůLJ ƐƉĞĐŝĮĐ ĚŝĂŵĞƚĞƌƐ͕ ǁĂůů ƚŚŝĐŬŶĞƐƐĞƐ ĂŶĚ ƚŽůĞƌĂŶĐĞƐ ŶŽƚ ŝŶĐůƵĚĞĚ ŝŶ ƚŚĞ ƚĂďůĞ͕ ŝƚ ŵĂLJ ĞdžĞĐƵƚĞ ƉĂƌƟĐƵůĂƌ ĐŚĞĐŬƐ ĂƐ ǁĞůů ĂƐ ĂŶLJ ŬŝŶĚ ŽĨ ŵĞƚĂůůŽŐƌĂƉŚŝĐ ŝŶǀĞƐƟŐĂƟŽŶ͘ ŽŚĞƌĞŶƚ ǁŝƚŚ ŽƵƌ ĐŽŶƟŶƵŽƵƐ ŝŵƉƌŽǀĞŵĞŶƚ ƐƚƌĂƚĞŐLJ͕ ƚŚĞ ƉƌŽĚƵĐƚƐ ĂƌĞ ƉƵƌĐŚĂƐĞĚ ŽŶ ƚŚĞ ďĂƐŝƐ ŽĨ ƚĞĐŚŶŝĐĂů ƌĞƋƵŝƌĞŵĞŶƚƐ ƚŚĂƚ ĂƌĞ ŵŽƌĞ ƐƚƌŝŶŐĞŶƚ ƚŚĂŶ WƌŽĚƵĐƚ ^ƚĂŶĚĂƌĚƐ ƐƵĐŚ ĂƐ ƚŚĞ ŶŽƌŵĂůŝnjĞĚ ĚĞůŝǀĞƌLJ ĐŽŶĚŝƟŽŶƐ͕ ƚŚĞ ŶŽŶͲĚĞƐƚƌƵĐƟǀĞ ƚĞƐƚƐ͕ ƚŚĞ ĚŝŵĞŶƐŝŽŶĂů ƚŽůĞƌĂŶĐĞƐ ƌĞƐƚƌŝĐƟŽŶƐ͕ ĞƚĐ͘ ,Žƚ ƌŽůůĞĚ ƐĞĂŵůĞƐƐ ƐƚĞĞů ƉŝƉĞƐ dƌŝƉůĞ ŵĂƌŬĞĚ ĂŶĚ ŶŽƌŵĂůŝnjĞĚ ŚŽƚ ƌŽůůĞĚ ƐĞĂŵůĞƐƐ ƉŝƉĞƐ ; ϯϱϱͬ^ϯϱϱ:Ϯ,ͬWϯϱϱEͿ ĂǀĂŝůĂďůĞ ĨƌŽŵ ƐƚŽĐŬ͘ ƐƚĞĞů ŐƌĂĚĞ ϰϳϬ ĂƐ ǁĞůů ĂƐ ŚŝŐŚ LJŝĞůĚ ƐƚƌĞŶŐŚƚ Žƌ Yнd ƉŝƉĞƐ ŽŶ ĚĞŵĂŶĚ ; ϱϵϬ<Ϯ ͬ WϲϵϬY ͬ ϰϮ ƌDŽϰ ĞƚĐͿ ͻ^ŝnjĞ ƌĂŶŐĞ͗ ĨƌŽŵ ĚŝĂŵ͘ ϯϯ͕ϳ ŵŵ ƚŽ ĚŝĂŵ͘ϳϭϭ ŵŵ ͻYƵĂůŝƚLJ͗ ϯϱϱ ͬ ϰϳϬ ͬ ^ϯϱϱ:K, ͬ ^ϯϱϱ:Ϯ, ͬ WϯϱϱE ͻ^ƚĂŶĚĂƌĚ͗ E ϭϬϮϵϳͲϭͬ E ϭϬϮϭϬ ϭͲϮͬ E ϭϬϮϭϲͲϯ >ŽŶŐŝƚƵĚŝŶĂů ǁĞůĚĞĚ W/ ƉŝƉĞƐ ^ŝĚĞƌƉŝŐŚŝ ĐĂŶ ƉƌŽǀŝĚĞ ĨƌŽŵ ƐƚŽĐŬ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ŚŝŐŚ LJŝĞůĚ ƐƚƌĞŶŐƚŚ ^ t ůŽŶŐŝƚƵĚŝŶĂů ǁĞůĚĞĚ ƉŝƉĞƐ ĨŽƌ ƉŝƉĞůŝŶĞƐ͕ ŽīƐŚŽƌĞ ĂŶĚ ƉĞƚƌŽĐŚĞŵŝĐĂů ĂƉƉůŝĐĂƟŽŶƐ͘ dŚĞ WĂƌƚŶĞƌƐŚŝƉ ǁŝƚŚ ŽŶĞ ŽĨ ƚŚĞ ŵŽƐƚ ŝŵƉŽƌƚĂŶƚ ǁŽƌůĚ ƉƌŽĚƵĐĞƌ͕ ͞E/WWKE ^d > Θ ^hD/dKDK D d > KZWKZ d/KE͕͟ ĂůůŽǁƐ ƚŽ ƐĂƟƐĨLJ Ăůů ƚŚĞ ŵŽƐƚ ĐŽŵƉůŝĐĂƚĞĚ ƌĞƋƵĞƐƚƐ͘

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ͻ^ŝnjĞ ƌĂŶŐĞ͗ ĨƌŽŵ ĚŝĂŵ͘ ϰϱϳ ŵŵ ƚŽ ĚŝĂŵ͘ ϭϮϭϵ ŵŵ ͻYƵĂůŝƚLJ͗ >ϯϲϬ ͬ yϱϮ ͬ >ϰϭϱ ͬ yϲϬ ͬ >ϰϱϬ ͬ yϲϱ ͬ >ϰϴϱ ͬ yϳϬ ͬ >ϱϱϱ ͬ yϴϬ >ŽŶŐŝƚƵĚŝŶĂů ǁĞůĚĞĚ ƉŝƉĞƐ ĨŽƌ ƐƚƌƵĐƚƵƌĂů ĂƉƉůŝĐĂƟŽŶƐ Zt ĂŶĚ ^ t ůŽŶŐŝƚƵĚŝŶĂů ǁĞůĚĞĚ ƉŝƉĞƐ͕ ĨƌŽŵ ƵƌŽƉĞĂŶ ƉƌŽĚƵĐƟŽŶ͕ ĨŽƌ ƐƚƌƵĐƚƵƌĂů ĂƉƉůŝĐĂƟŽŶƐ ;ŚĞĂǀLJ ŝŶĚƵƐƚƌŝĂů͕ Đŝǀŝů ĂŶĚ ŽīƐŚŽƌĞ ƐƚĞĞů ƐƚƌƵĐƚƵƌĞƐͿ͘ ͻ^ŝnjĞ ƌĂŶŐĞ Zt͗ ĨƌŽŵ ĚŝĂŵ͘Ϯϭϵ͕ϭ ŵŵ ƚŽ ĚŝĂŵ͘ϲϭϬ ŵŵ͘

ŵĂĐŚŝŶĞƐ ĂůůŽǁ ƚŽ ƉƌŽĚƵĐĞ ƐŚŽƌƚ ĂŶĚ ůŽŶŐ ƐĞƌŝĞƐ ƵƉ ƚŽ ϳϭϭŵŵ K͘ ͘

NEWS

SIDERPIGHI

ŽƌŝŶŐ ŚŽŶŝŶŐ dŚŝƐ ƐĞƌǀŝĐĞ ŝƐ ĂǀĂŝůĂďůĞ ŝŶ ƚŚĞ ŵĞĐŚĂŶŝĐĂů ƉŝƉĞƐ ƐŝnjĞ ƌĂŶŐĞ ƵƉ ƚŽ ƚŚĞ ϲϬϬ ŵŵ /͘ ͘ ƐƵŝƚĂďůĞ ĨŽƌ ŚLJĚƌĂƵůŝĐ LJůŝŶĚĞƌƐ͘ ,ĞĂƚ ƚƌĞĂƚŵĞŶƚƐ &Žƌ ƐƉĞĐŝĂů ĂƉƉůŝĐĂƟŽŶƐ͕ Ăůů ƚŚĞ ƐƚŽĐŬ ƉŝƉĞƐ ĐĂŶ ďĞ ŚĞĂƚ ƚƌĞĂƚĞĚ ĂŌĞƌǁĂƌĚƐ͕ ĂĐĐŽƌĚŝŶŐ ƚŽ ƚŚĞ ĐƵƐƚŽŵĞƌ͛Ɛ ŶĞĞĚƐ͘ ^ƚƌĂŝŐŚƚĞŶŝŶŐ dŚĞ ^ƚƌĂŝŐŚƚĞŶŝŶŐ ƐĞƌǀŝĐĞ ĨŽƌ ƐƉĞĐŝĂů ŵĞĐŚĂŶŝĐĂů ĂƉƉůŝĐĂƟŽŶƐ ĐĂŶ ďĞ ĞdžĞĐƵƚĞĚ ǁŝƚŚ ŵŽƌĞ ƌĞƐƚƌŝĐƚĞĚ ƚŽůĞƌĂŶĐĞƐ ĐŽŵƉĂƌĞĚ ƚŽ ƚŚĞ ƐƚĂŶĚĂƌĚƐ͘ ͻ^ŝnjĞ ƌĂŶŐĞ ^ t͗ ĨƌŽŵ ĚŝĂŵ͘ ϲϭϬ ŵŵ ƚŽ ĚŝĂŵ͘ϭϮϭϵ ŵŵ͘ ͻYƵĂůŝƚLJ͗ ^Ϯϳϱ:Ϭ, ͬ ^ϯϱϱ:Ϭ, ͬ ^ϯϱϱ:Ϯ, ͻ^ƚĂŶĚĂƌĚƐ͗ E ϭϬϮϭϵ ϭͲϮ

^ƵƌĨĂĐĞ ƚƌĞĂƚŵĞŶƚƐ dŚĞ ƉŝƉĞƐ ĐĂŶ ďĞ ƐĂŶĚďůĂƐƚĞĚ ĂŶĚ ĚĞůŝǀĞƌĞĚ ǁŝƚŚŽƵƚ ƌŽůůŝŶŐ ŝŵƉƵƌŝƟĞƐ͕ ŝŶ ŽƌĚĞƌ ƚŽ ƌĞĚƵĐĞ ƚŚĞ ƐƵďƐĞƋƵĞŶƚ ǁŽƌŬŝŶŐ ƵƐƚĂŐĞƐ͘

^ƋƵĂƌĞ ĂŶĚ ƌĞĐƚĂŶŐƵůĂƌ ŚŽůůŽǁ ƐĞĐƟŽŶƐ ĨŽƌ ƐƚƌƵĐƚƵƌĂů ĂƉƉůŝĐĂƟŽŶƐ dŽ ĐŽŵƉůĞƚĞ ƚŚĞ ƉƌŽĚƵĐƚ ƌĂŶŐĞ͗ ^ƋƵĂƌĞ ĂŶĚ ƌĞĐƚĂŶŐƵůĂƌ ƐĞĂŵůĞƐƐ ĂŶĚ ǁĞůĚĞĚ ;ŚŽƚ ĂŶĚ ĐŽůĚ ĨŽƌŵĞĚͿ ŚŽůůŽǁ ƐĞĐƟŽŶƐ ĨŽƌ ƐĞǀĞƌĂů ƐƚƌƵĐƚƵƌĂů ĂƉƉůŝĐĂƟŽŶƐ ;ƐƚĞĞů ƐƚƌƵĐƚƵƌĞƐ͕ ĐƌĂŶĞ ƉƌŽĚƵĐƟŽŶ͕ ĚƌŝůůŝŶŐ ƚŽǁĞƌƐ͕ ĞƚĐ͘Ϳ

dĞĐŚŶŝĐĂů ƐŬŝůůƐ dŚĞ ŚŝŐŚ ƚĞĐŚŶŝĐĂů ƐŬŝůůĞĚ ƉĞŽƉůĞ ;ĐŽŶƟŶŽƵƐůLJ ƵƉĚĂƚĞĚ ǁŝƚŚ ƉĞƌŝŽĚŝĐĂů ƐƚĂŐĞƐ ďLJ ƚŚĞ ŵŽƐƚ ƉƌĞƐƟŐŝŽƵƐ ŵŝůůƐͿ ŐƵĂƌĂŶƚĞĞ ŚŝŐŚ ĂŶĚ ĐŽŵƉůĞƚĞ ƚĞĐŚŶŝĐĂů ĂĚǀŝĐĞƐ͘

ͻYƵĂůŝƚLJ͗ ^ϯϱϱ:Ϯ, ͻZĞĨĞƌĞŶĐĞ ƐƚĂŶĚĂƌĚƐ͗ E ϭϬϮϭϬ ϭͲϮ ͬ E ϭϬϮϭϵ ϭͲϮ ĂƌďŽŶ ƐƚĞĞů ƌŽƵŶĚ ďĂƌ

/ŶƚĞƌŶĂƟŽŶĂů ƉĂƌƚŶĞƌƐŚŝƉƐ dŚĞ ƐƚƌŽŶŐ ĂŶĚ ůŽŶŐůĂƐƟŶŐ ƌĞůĂƟŽŶƐŚŝƉ ǁŝƚŚ ƚŚĞ ŵĂŝŶ ƵƌŽƉĞĂŶ ĂŶĚ tŽƌůĚ ƉƌŽĚƵĐĞƌƐ ƉƵƚƐ ^/ ZW/',/ ŽŶ ƚŚĞ ƚŽƉ ŽĨ ĞdžĐĞůůĞŶĐĞ ŝŶ ƚŚĞ ŵŽĚĞƌŶ ŵĂƌŬĞƚ ƚŚĂƚ ŝŶĐƌĞĂƐŝŶŐůLJ ĚĞŵĂŶĚƐ ŵŽƌĞ ĂŶĚ ŵŽƌĞ ĐĞƌƟĮĞĚ ƉƌŽĚƵĐƚƐ͘

ͻ^ŝnjĞ ƌĂŶŐĞ͗ ĨƌŽŵ Ɔ ϮϬ ŵŵ͘ ƚŽ Ɔ ϯϱϬ ŵŵ͘ ͻ^ƚĂŶĚĂƌĚƐ͗ E ϭϬϬϴϯͲϮ Ͳ ϰϱ ͬ E ϭϬϬϮϱͲϮ ^ϯϱϱ:Ϯ

&ĂƐƚ ĚĞůŝǀĞƌŝĞƐ dŚĂŶŬƐ ƚŽ /ƚƐ ŽǁŶ ƚƌƵĐŬƐ ĂŶĚ ƚŽ ƚŚĞ ƉĂƌƚŶĞƌƐŚŝƉƐ ǁŝƚŚ

KƵƌ ƐĞƌǀŝĐĞƐ ^ŝĚĞƌƉŝŐŚŝ͕ ĂƐ ǁĞůů ĂƐ ŽīĞƌŝŶŐ Ă ĐŽŵƉůĞƚĞ ƐŝnjĞ ƌĂŶŐĞ ǁŝƚŚ ŚĞĂǀLJ ƐƚŽĐŬ ĂǀĂŝůĂďŝůŝƚLJ͕ ŝƐ ĨŽĐƵƐŝŶŐ ŽŶ ĚŝīĞƌĞŶƚ ĂŶĚ ĐƵƐƚŽŵŝnjĞĚ ƐŽůƵƟŽŶƐ ĂŶĚ ƐĞƌǀŝĐĞƐ dŚĞ ŶĞǁ ͘Z͘W͘ ƐLJƐƚĞŵ ƚƌĂĐŬƐ Ăůů ƚŚĞ ƐƚŽĐŬĞĚ ƉƌŽĚƵĐƚƐ ĂŶĚ ŐŝǀĞƐ Ăůů ƚŚĞ ŶĞĞĚĞĚ ZĞĂů dŝŵĞ /ŶĨŽ ;ƋƵĂůŝƚLJ͕ ůĞŶŐƚŚƐ͕ ƐƵƉƉůŝĞƌƐ͕ ĞƚĐ͘Ϳ

ƚŚĞ ŵĂŝŶ ƚƌĂŶƐƉŽƌƚ ĐŽŵƉĂŶŝĞƐ͕ ^/ ZW/',/ ŐƵĂƌĂŶƚĞĞĚ ĨĂƐƚ ĚĞůŝǀĞƌŝĞƐ Ăůů ĂƌŽƵŶĚ ƚŚĞ ƵƌŽƉĞ͘ dŚĞ ŚŝŐŚ ƋƵĂůŝƚLJ ƉĂĐŬĂŐŝŶŐ ĐŽŵƉůĞƚĞƐ ƚŚĞ ƐƵƉƉůLJ͘ &Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ǁǁǁ͘ƐŝĚĞƌƉŝŐŚŝ͘ŝƚ

Ƶƚ ƚŽ Įdž ůĞŶŐƚŚƐ dŚĞ ŶĞǁ ŐĞŶĞƌĂƟŽŶ ĂƵƚŽŵĂƟĐ E ĐŽŶƚƌŽů ďĂŶĚƐĂǁŝŶŐ

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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NEWS

HYTEK

Hytek S.r.l. world leader in the marketing of products for the primary treatment of water >ĞĂĚĞƌ ,LJƚĞŬ ^͘ƌ͘ů͘ ǁŽƌůĚ ůĞĂĚĞƌ ŝŶ ƚŚĞ ŵĂƌŬĞƟŶŐ ŽĨ ƉƌŽĚƵĐƚƐ ĨŽƌ ƚŚĞ ƉƌŝŵĂƌLJ ƚƌĞĂƚŵĞŶƚ ŽĨ ǁĂƚĞƌ͕ ŚĂƐ ďĞĞŶ ŝŶ ŽƉĞƌĂƟŽŶ ĨŽƌ ĂůŵŽƐƚ ϯϬ LJĞĂƌƐ ĂŶĚ ŝƐ ǁŝĚĞůLJ ĂƉƉƌĞĐŝĂƚĞĚ ĂŶĚ ƌĞĐŽŐŶŝƐĞĚ ďLJ ƚŚĞ ŵĂƌŬĞƚ ĂŶĚ ďLJ ƚŚĞ ŝŶƐƚĂůůĂƟŽŶ ƐĞĐƚŽƌ͘ /Ŷ ƚŚĞ ǁŽƌůĚ ,LJƚĞŬ ^͘ƌ͘ů͘ ŝƐ ƉƌĞƐĞŶƚ Ăůů ŽǀĞƌ ƚŚĞ ǁŽƌůĚ ƚŚĂŶŬƐ ƚŽ ƚŚĞ ŵĂŶLJ ƉĂƌƚŶĞƌƐ͕ ŽĸĐĞƐ ĂŶĚ ǁĂƌĞŚŽƵƐĞƐ ;^ĞƌďŝĂ͕ ŐLJƉƚ͕ dƵƌŬĞLJ͕ ^ĂƵĚŝ ƌĂďŝĂͿ ĞŶƐƵƌŝŶŐ Ă ƐƚƌŽŶŐ ƉƌĞƐĞŶĐĞ ǁŝƚŚ ƉƌŽĚƵĐƚƐ ĂŶĚ ƚĞĐŚŶŝĐĂů ŬŶŽǁͲŚŽǁ͘ DŝƐƐŝŽŶ dŚĂŶŬƐ ƚŽ ĞdžƚĞŶƐŝǀĞ ŝŶǀĞƐƚŵĞŶƚ ŝŶ ƌĞĐĞŶƚ LJĞĂƌƐ ,LJƚĞŬ ŚĂƐ ƉůĂĐĞĚ ĐƵƐƚŽŵĞƌ ƐĂƟƐĨĂĐƟŽŶ ĂƐ ŝƚƐ ƉƌŝŵĂƌLJ ŽďũĞĐƟǀĞ͘ /Ŷ ůŝƐƟŶŐ ƚŚĞ ĞĐŽŶŽŵŝĐ ĞīŽƌƚƐ ƚĂŬĞŶ ƵƉ ;ƚŚĞ ƐĞĂƌĐŚ ĨŽƌ ƉƌŽĚƵĐƚƐ ĂŶĚ ƋƵĂůŝĮĞĚ ƐƵƉƉůŝĞƌƐ͕ ĨƌĞƋƵĞŶĐLJ ĂŶĚ ƐƉĞĞĚ ŽĨ ĚĞůŝǀĞƌŝĞƐ͕ ŇĞdžŝďŝůŝƚLJ͕ Ă ĐŽŵƉĞƚĞŶƚ ƐĞƌǀŝĐĞ ŽĨ ƚĞĐŚŶŝĐĂůͬƉůĂŶŶŝŶŐ ĂƐƐŝƐƚĂŶĐĞ͕ Ă ŵĂƐƐŝǀĞ ǁĂƌĞŚŽƵƐĞ ŽĨ ĂďŽƵƚ ϰϱϬϬ ƐƋƵĂƌĞ ŵĞƚƌĞƐͿ͕ ǁĞ ĨĞĞů ŽƵƌƐĞůǀĞƐ͕ ƐŽŵĞǁŚĂƚ ĂŵďŝƟŽƵƐůLJ ĂŶĚ ŶŽƚ ǁŝƚŚŽƵƚ ƉƌŝĚĞ͕ ƚŽ ďĞ ƚŚĞ ďĞĂƌĞƌƐ ĂŶĚ ĚĞĮŶĞƌƐ ŽĨ Ă ǀŽŝĐĞ ŝŶ ĂŶ ĞǀĞƌ ŵŽƌĞ ĚĞŵĂŶĚŝŶŐ ŵĂƌŬĞƚ͕ ƚŚĂƚ ǁĂŶƚƐ ƚŽ ŐŝǀĞ ĂĚĚĞĚ ǀĂůƵĞ ƚŽ ƉƌŽĚƵĐƚƐ ƉƵƌĐŚĂƐĞĚ Ăƚ ĐŽŵƉĞƟƟǀĞ ƉƌŝĐĞƐ͘ Partners ŶĚ ŝƚ ŝƐ ƉƌŽďĂďůLJ ĨŽƌ ƚŚŝƐ ƌĞĂƐŽŶ ƚŚĂƚ ůĂƌŐĞ ƉƌŽĚƵĐĞƌƐ͕ ůĞĂĚĞƌƐ ŝŶ ƚŚĞ ǁĂƚĞƌ ƚƌĞĂƚŵĞŶƚ ƐĞĐƚŽƌ͕ ůŝŬĞ Žǁ ŚĞŵŝĐĂůƐ ; ŽǁĞdž ŝŽŶŝĐ ĞdžĐŚĂŶŐĞ ƌĞƐŝŶ ĂŶĚ &ŝůŵƚĞĐ ŵĞŵďƌĂŶĞƐ ĨŽƌ ŝŶǀĞƌƐĞ ŽƐŵŽƐŝƐ ƉƌŽĐĞƐƐĞƐͿ͕ ŽĚĞ>ŝŶĞ ;ƉƌĞƐƐƵƌĞ ǀĞƐƐĞůƐ ĨŽƌ ŝŶǀĞƌƐĞ ŽƐŵŽƐŝƐ ŵĞŵďƌĂŶĞƐͿ͕ WĞŶƚĂŝƌ tĂƚĞƌ /Ŷƚ͘ ;^ƚƌƵĐƚƵƌĂů ĮďĞƌŐůĂƐƐ ƚĂŶŬ͕ ^ŝĂƚĂ ĂŶĚ &ůĞĐŬ ǀĂůǀĞƐͿ͕ &ĞĚĐŽ WƵŵƉƐ ;ůĞĂĚĞƌ ŝŶ ƚŚĞ ĚĞƐŝŐŶ͕ ŵĂŶƵĨĂĐƚƵƌĞ͕ ŽĨ ŚŝŐŚ ƉƌĞƐƐƵƌĞ ƉƵŵƉƐ ĂŶĚ ŶĞƌŐLJ ƌĞĐŽǀĞƌLJ ĨŽƌ ďƌĂĐŬŝƐŚ ĂŶ ƐĞĂǁĂƚĞƌ ZK ƐLJƐƚĞŵƐͿ͕ 'ƌƵŶĚĨŽƐ ; ĸĐŝĞŶƚ ƉƵŵƉ ƐŽůƵƟŽŶƐ ĨŽƌ Ăůů ƉƵƌƉŽƐĞƐͿ͕ &ŝƌƐƚ >ŝŐŚƚ dĞĐŚŶŽůŽŐŝĞƐ͕ /ŶĐ͘ ;ůĞĂĚŝŶŐ ŵĂŶƵĨĂĐƚƵƌĞƌ ŽĨ ďŽƚŚ ůŽǁ Ͳϭϴϱ ĂŶĚ ϮϱϰŶŵ ǁĂǀĞůĞŶŐƚŚƐ Ͳ ĂŶĚ ŵĞĚŝƵŵ ƉƌĞƐƐƵƌĞ hs ůĂŵƉƐͿ ĂŶĚ E > K ;ůĞĂĚĞƌ ŝŶ ƚŚĞ ZK ĐŚĞŵŝĐĂů ƉƌŽĚƵĐƚƐͿ ŚĂǀĞ ďĞůŝĞǀĞĚ ŝŶ ,LJƚĞŬ͕ ƚƌƵƐƟŶŐ ƵƐ ǁŝƚŚ ƚŚĞŝƌ ĚŝƐƚƌŝďƵƟŽŶ ĂŶĚ ƚŚƵƐ ĨŽƌŐŝŶŐ Ă ƉĂƌƚŶĞƌƐŚŝƉ ŽŶ ƚŚĞ ŚŝŐŚĞƐƚ ůĞǀĞů͘

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

,zd < ^Z> sŝĂ ZĂīĂĞůůŽ ^ĂŶnjŝŽ ϲ͕ ϰϯϬϰϱ ZŝĐĐž Ěŝ &ŽƌŶŽǀŽ ;WĂƌŵĂͿ͕ /ƚĂůLJ dĞů͘ нϯϵ͘ϬϱϮϱ͘ϰϬϭϬϵϭ &Ădž нϯϵ͘ϬϱϮϱ͘ϰϬϭϭϬϭ

ŵĂŝů͗ ŝŶĨŽΛŚLJƚĞŬŝŶƚů͘ĐŽŵ ͮ ǁǁǁ͘ŚLJƚĞŬŝŶƚů͘ĐŽŵ

NEWS

MEPOL

Mepol Group, the expert team of the circular economy of plastics dŚĞ ŐƌĞĞŶ ĞĐŽŶŽŵLJ ƐƵƉƉŽƌƚƐ ĂŶ ŝŵƉŽƌƚĂŶƚ ŵĂƌŬĞƚ ǁŝƚŚ ŐƌĞĂƚ ƉƌŽƐƉĞĐƚƐ ĨŽƌ ŐƌŽǁƚŚ͕ ǁŝƚŚ ƌĞŐĂƌĚ ƚŽ ƉůĂƐƟĐƐ ŝŶ ƉĂƌƟĐƵůĂƌ͘ dŚĞ ͞ǀĂůƵĞ ĐŚĂŝŶ͕͟ ŽŶ ǁŚŝĐŚ ƚŚĞ ƵƌŽƉĞĂŶ ŽŵŵŝƐƐŝŽŶ ĂŶĚ ƚŚĞ ǁŽƌůĚ͛Ɛ ƉŽůŝĐŝĞƐ ƌĞůLJ͕ ƌĞƋƵŝƌĞƐ ĐŽŶƐƚĂŶƚ ĚĞǀĞůŽƉŵĞŶƚ ĂŶĚ ĂǁĂƌĞŶĞƐƐ ƚŽ ͞ĐůŽƐĞ ƚŚĞ ĐŝƌĐůĞ͟ ŽĨ ƚŚĞ ĐŝƌĐƵůĂƌ ĞĐŽŶŽŵLJ͘ DĞƉŽů 'ƌŽƵƉ ŚĂƐ ĂĚŽƉƚĞĚ ĂŶ ĞĐŽŶŽŵŝĐ ŵŽĚĞů ĨŽƌ ǁŚŝĐŚ ǁŚĂƚ ŝƐ ƵŶƵƐĂďůĞ ĨƌŽŵ ŽŶĞ ďĞĐŽŵĞƐ Ă ƌĞƐŽƵƌĐĞ ĨŽƌ ƐŽŵĞŽŶĞ ĞůƐĞ͕ ƐƉĞĐŝĂůŝnjŝŶŐ ŝŶ ƚŚĞ ƌĞͲƵƐĞ ŽĨ ĞŶĚͲŽĨͲǁĂƐƚĞ ŵĂƚĞƌŝĂůƐ͕ ďLJͲƉƌŽĚƵĐƚƐ ĂŶĚ ƐŽƵƌĐĞ ƌĞĚƵĐƟŽŶ͕ ŝŶ ŽƌĚĞƌ ƚŽ ďĞ ĨĂŝƚŚĨƵů ƚŽ ŝƚƐ ĐŽƌƉŽƌĂƚĞ ŵŝƐƐŝŽŶ͗ ďĞŝŶŐ ĂďůĞ ƚŽ ďĞ ƚƌƵĞ ƉĂƌƚŶĞƌƐ ĨŽƌ ŝƚƐ ĐƵƐƚŽŵĞƌƐ͕ ƚŚƌŽƵŐŚ Ă ĐĂƌĞĨƵů ĂŶĚ ƐƉĞĐŝĮĐ ĐŽƵŶƐĞůůŝŶŐ ƚŚĂƚ ůĞĂĚƐ ƚŽ ƚŚĞ ƌĞĂůŝƐĂƟŽŶ ŽĨ ĐƵƐƚŽŵŝnjĞĚ ƉƌŽũĞĐƚƐ͘ dŚŝƐ ĐŝƌĐƵůĂƌ ƉƌŽĐĞƐƐ ƐƚĂƌƚƐ ǁŝƚŚ ƚŚĞ ĚĞƐŝŐŶ͗ ĂƐ ĐŽŵƉŽƵŶĚĞƌƐ͕ DĞƉŽů ĂŶĚ ŝƚƐ ƐƵďƐŝĚŝĂƌLJ /d/ WŽůĂŶĚ ƐƵƉƉŽƌƚ ƚŚĞŝƌ ĐƵƐƚŽŵĞƌƐ ŝŶ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ƐƉĞĐŝĮĐ ƉƌŽĚƵĐƚƐ͕ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ƉĞƌƐŽŶĂůŝnjĞĚ ĐŽŵƉŽƵŶĚƐ ƚŚĂƚ ŵĞĞƚ ƚŚĞ ƚĞĐŚŶŝĐĂů ĂŶĚ ĂĞƐƚŚĞƟĐ ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ ƚŚĞ ĮŶĂů ƵƐĞƌ͘ dŚĞ ZΘ ůĂďŽƌĂƚŽƌŝĞƐ ĂƌĞ ĞƋƵŝƉƉĞĚ ǁŝƚŚ ĐƵƫŶŐͲĞĚŐĞ ƚĞĐŚŶŽůŽŐLJ ĂŶĚ ĐĂƌƌLJ ŽƵƚ Ăůů ƚŚĞ ƌĞƋƵŝƌĞĚ ƚĞƐƚƐ ĂŶĚ ĂŶĂůLJƐĞƐ ƚŽ ŝĚĞŶƟĨLJ ƚŚĞ ŵĂƚĞƌŝĂů͕ ƚŽ ĚĞƐŝŐŶ ĂŶĚ ĚĞǀĞůŽƉ ŶĞǁ ƉƌŽĚƵĐƚƐ͕ ĂŶĚ ƚŽ ƉƌŽǀŝĚĞ ĨĂƐƚ ĂŶĚ ĐŽŵƉůĞƚĞ ƐŽůƵƟŽŶƐ ĨŽƌ ƚŚĞŝƌ ĐƵƐƚŽŵĞƌƐ͘ dŚĞ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ŝŶĐůƵĚĞƐ Ă ǁŝĚĞ ƐĞůĞĐƟŽŶ ŽĨ ŚŝŐŚͲƚĞĐŚ ƚŚĞƌŵŽƉůĂƐƟĐ ĐŽŵƉŽƵŶĚƐ ;DĞƉůĞŶ Ͳ WW͕ DĞƉůĂĐ Ͳ ^͕ DĞLJƚĞů Ͳ W Ϳ ĂŶĚ ĞĐŽͲƐƵƐƚĂŝŶĂďůĞ ĐŽŵƉŽƵŶĚƐ ;ŽƵƌ K ĐŽŵƉŽƵŶĚƐ͕ ǁŝƚŚ Ăƚ ůĞĂƐƚ ϯϬй ƌĞĐLJĐůĞĚ ŵĂƚĞƌŝĂůƐ ŝŶ ŝƚƐ ĨŽƌŵƵůĂƟŽŶ ĂŶĚ ƌĞĐLJĐůĞĚ ^/ ĐĞƌƟĮĞĚͿ ŽŶ Ă WW͕ W ͕ W ͕ ^ ďĂƐŝƐ ͕ W Ͳ ^͕ W^ ĐŚĂƌŐĞĚ ǁŝƚŚ ŐůĂƐƐ ĮďƌĞ͕ ĐĂůĐŝƵŵ ĐĂƌďŽŶĂƚĞ͕ ƚĂůĐƵŵ ĂŶĚ ŵĂŶLJ ĚŝīĞƌĞŶƚ ĮůůĞƌƐ͘ dŚĞ ͞ŝŶĚƵƐƚƌŝĂů ƐLJŵďŝŽƐŝƐ͟ ŝŶ ǁŚŝĐŚ ǁĂƐƚĞ͕ ƐĞĐŽŶĚĂƌLJ

D/Z K D > dK ͮ WƌĞƐŝĚĞŶƚ ŽĨ D WK> 'ZKhW

62

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ƌĂǁ ŵĂƚĞƌŝĂůƐ Žƌ ďLJͲƉƌŽĚƵĐƚƐ ƉƌŽĚƵĐĞĚ ďLJ ĂŶLJ ŝŶĚƵƐƚƌLJ ďĞĐŽŵĞ ƚŚĞ ŝŶƉƵƚ ĨŽƌ ĂŶŽƚŚĞƌ ƉƌŽĚƵĐƟŽŶ ƉƌŽĐĞƐƐ͕ ŚĂƐ ďĞĞŶ ĐŽŶƐŽůŝĚĂƚĞĚ ďLJ ƚŚĞ ĨŽƵŶĚĂƟŽŶ ŽĨ WŽůĂƌ͕ ƚŚĞ ĐŽŵƉĂŶLJ ŽĨ DĞƉŽů 'ƌŽƵƉ ƚŚĂƚ ŚĂƐ ĚĞǀĞůŽƉĞĚ ŝƚƐ ĂĐƟǀŝƚLJ ŝŶ ƚŚĞ ƉƌŽĐĞƐƐŝŶŐ ĂŶĚ ŝŶ ƚŚĞ ƚƌĂĚĞ ŽĨ ƉůĂƐƟĐ ŵĂƚĞƌŝĂůƐ ĚĞƌŝǀŝŶŐ ĨƌŽŵ ŝŶĚƵƐƚƌŝĂů ĂŶĚ ƉŽƐƚͲĐŽŶƐƵŵĞƌ ǁĂƐƚĞ͕ ĐĞƌƟĮĞĚ ĂĐĐŽƌĚŝŶŐ ƚŽ hE/ ϭϬϲϲϳͲϭ͘ ĂƐĞĚ ŝŶ &ĞƌƌĂƌĂ͕ WŽůĂƌ ƉƌŽĚƵĐĞƐ ƌͲƉŽůLJŵĞƌƐ ĂŶĚ ĚŝƐƚƌŝďƵƚĞƐ ƉůĂƐƟĐƐ ďŽƚŚ ŝŶ /ƚĂůLJ ĂŶĚ ĂďƌŽĂĚ͘ ^ŽŵĞƟŵĞƐ͕ ŚŽǁĞǀĞƌ͕ ƚŚĞ ĂƉƉůŝĐĂƟŽŶ ĨŽƌ ƚŚĞ ĮŶĂů ƌĞƐƵůƚ Žƌ ĨŽƌ ƚŚĞ ůĞŐĂů ƌĞƋƵŝƌĞŵĞŶƚƐ ;ƐƵĐŚ ĂƐ ĨŽƌ ƚŚĞ ĨŽŽĚ ŝŶĚƵƐƚƌLJ Žƌ ƚŚĞ ŵĞĚŝĐĂů ƐĞĐƚŽƌͿ ĚŽĞƐ ŶŽƚ ĂůůŽǁ ƚŚĞ ƵƐĞ ŽĨ Ă ŵĂƚĞƌŝĂů ƚŚĂƚ ŚĂƐ ĂůƌĞĂĚLJ ƵŶĚĞƌŐŽŶĞ Ă ĐLJĐůĞ ŽĨ ƵƐĞ ďƵƚ ŝƚ ŝƐ ŶĞĐĞƐƐĂƌLJ ƚŽ ƵƐĞ Ă ƐŽͲĐĂůůĞĚ ͞ǀŝƌŐŝŶ͟ Žƌ ĮƌƐƚ ĐŚŽŝĐĞ ŵĂƚĞƌŝĂů͘ dŚĞ ĐŽŵƉŽƵŶĚŝŶŐ ƉƌŽĐĞƐƐ ƐƵƉƉŽƌƚƐ ƚŚĞƐĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ƚŚƌŽƵŐŚ ƐƚƵĚLJŝŶŐ ĂŶĚ ƚĞƐƟŶŐ ƚŚĞ ŵĂƚĞƌŝĂůƐ ƉƌŽĚƵĐĞĚ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ ƐƉĞĐŝĮĐ ĐĞƌƟĮĐĂƟŽŶƐ ; ZĞŐ͘ ͞Z ,͟ EŽ͘ ϭϵϬϳͬϮϬϬϲ͕ ŝƌ͘ ͞ZŽ,^͟ ϮϬϬϮͬϵϱ ͬ ͕ tZ ^͕ ^͕ ͘​͘​͘ Ϳ͕ ĂŶĚ ƚŚĞ ƐƵďƐŝĚŝĂƌLJ /d/ WŽůLJŵĞƌƐ ŚĂƐ ŵĂŶĂŐĞĚ ƚŽ ĐƌĞĂƚĞ Ă ŶĞƚǁŽƌŬ ďĞƚǁĞĞŶ ƚŚĞ ŵĂũŽƌ ƉƌŝŵĂƌLJ ƉƌŽĚƵĐĞƌƐ ŽĨ ƉůĂƐƟĐƐ ĂŶĚ ƚŚĞ ĞŶĚ ĐƵƐƚŽŵĞƌ ǁŚŽ ŶĞĞĚ Ă ƚĂƌŐĞƚĞĚ ĂŶĚ ƉƌŽĨĞƐƐŝŽŶĂů ĚŝƐƚƌŝďƵƟŽŶ͘ dŚĞ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ĚŝƐƚƌŝďƵƚĞĚ ŝƐ ǀĞƌLJ ǁŝĚĞ ĂŶĚ ŝŶĐůƵĚĞƐ ƚŚĞ ĞŶƟƌĞ ŵĂƚĞƌŝĂů ƉŽƌƞŽůŝŽ ŽĨ ƚŚĞ DK> ŐƌŽƵƉ ;ǁŚŝĐŚ ŚĂƐ ŵĞƌŐĞĚ ^ůŽǀŶĂŌ ĂŶĚ ds<Ϳ͕ ƚŚĞ ƉŽůLJƐƚLJƌĞŶĞ ŽĨ ^LJŶƚŚŽƐ͕ ƚŚĞ ƉŽůLJƉƌŽƉLJůĞŶĞ ŽĨ ŚĞǀƌŽŶ WŚŝůŝƉƐ ĂŶĚ͕ ŽŶůLJ ĨŽƌ /ƚĂůLJ͕ ƚŚĞ ĞŶƟƌĞ ƌĂŶŐĞ ŽĨ ZƵŝĐŚĞŵ ƟƚĂŶŝƵŵ ĚŝŽdžŝĚĞ͘ /Ŷ ƚŚŝƐ ǁĂLJ ŽĨ ǁŽƌŬŝŶŐ͕ ƚŚĞ ĐƵƐƚŽŵĞƌ ĂŶĚ ƚŚĞ ƐƵƉƉůŝĞƌ ďĞĐŽŵĞ ƉĂƌƚ ŽĨ Ă ƐLJƐƚĞŵ ƚŚĂƚ ƉƌŽƚĞĐƚƐ ƚŚĞŵ ĨƌŽŵ ƚŚĞ ůĞŐĂů ƉŽŝŶƚ ŽĨ ǀŝĞǁ ĂŶĚ ƐƵƉƉŽƌƚƐ ƚŚĞŵ ŝŶ ƚŚĞŝƌ ĂƉƉƌŽĂĐŚ ƚŽ Ă ƐƵƐƚĂŝŶĂďůĞ ĞĐŽŶŽŵLJ ƚŚĂƚ ƉĂLJƐ ĂƩĞŶƟŽŶ ƚŽ ƚŚĞ ƋƵĂůŝƚLJ ŽĨ ƚŚĞ ƉƌŽĚƵĐƚ ĂŶĚ ƚŚĞ ƌĞƐƉĞĐƚ ĨŽƌ ƚŚĞ ĞŶǀŝƌŽŶŵĞŶƚ͘

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ARTICLE

The future of hydrocarbons: is the demand increasing due to economic growth or decreasing due to renewable sources?

Valeria Menecchini Journalist

64

It all began in 1956 when an American geophysicist from the Shell Oil Company research lab, Marion King Hubbert, published the results of a model simulating the production rate of an exhaustible or non-renewable fossil resource.

Given the extraction data of a single well or of those of an entire region, and the resulting economic factors, the so-called "Hubbert curve" calculates the production peak output beyond which production can only decline. Hubbert's peak theory predicted that oil production in the USA would peak around 1970. And so it was. Over the years, however, this model has been enriched with new data and more complex calculations shifting the peak around 2020, according to scholars. We are almost there. Recently, the publication of two reports have updated the Hubbert peak theory and analysed possible future scenarios.

According to ExxonMobil's report, "Outlook for Energy: A View to 2040", the world population will reach 9 billion over the next 25 years, with an increase of developing economies and an expansion of the global middle class. Better living conditions will encourage better education and healthcare, new households, appliances and cars, and more generally new demands for energy. The world will see a 25% increase in energy demand by 2040, 45% of which account for India and China alone, considering the best consumption efficiency that can be achieved. According to ExxonMobil, in 20 years the world's energy demand will be satisfied by a mix of sources, including: 32% oil, 25% gas, 20% coal, 7% nuclear, 4% wind, solar and biofuels, and 12% other energy. Even though these data refer to the total energy, and not only the energy generating electricity, such a low percentage of renewable sources is in stark contrast with the forecasts of many

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

experts, who predict a rapid price drop and a growing implementation of wind and solar energy due to the possibility of renewable sources to supply energy in remote and off-grid areas as well.

This is not the only difference between the various forecasts made in recent years. In 2017, the Boston Consulting Group (BCG), one of the most influential American consulting firms in the world with over 90 offices in 50 countries, published a report that analyses three possible scenarios taking into consideration two main factors: an increased energy efficiency and an increased availability of renewable sources of energy. These two factors could limit the growth of energy demand on the one hand and, if the price per barrel of crude oil will increase, could lead to a drastic fall in oil demand on the other.

The first scenario analyses the case in which fossil fuel cars are replaced by electric vehicles, a not-so-remote possibility since many car manufacturers are making huge investments in this direction. By assuming a scenario in which the cost of an individual battery falls close to $100 per kilowatt hour, infrastructure investment enables faster charging, and batteries become more durable, we could see electric vehicles account for 90% of the developed market car fleet by 2040 and a similar proportion of the emerging market fleet by 2050.

The outcome of this scenario would be peak oil demand between 2025 and 2030 with a decrease of 13% in 2040.

The third scenario postulates a forecast assuming a decrease in the cost of gas dropping below the threshold of $1 for every 60 kWh produced. The consequences of this hypothesis would be: the substitution of oil with natural gas in heavy transport, a conversion of industrial electricity production from coal-fired power plants to gas-fired power plants, a radical industrial transformation of chemical products based on ethane rather than oil.

Moreover, heavy transport could opt for gas if the price of oil were to rise to over $60 a barrel. The outcome of this scenario would be peak oil demand in 2025 followed by a steady period, with a decrease of 8% in 2040.

All these forecasts agree that oil demand should peak around 2025, but some issues remain outstanding. The first issue relates to climate change mitigation and all the initiatives that international governments could carry out urged by an increasingly aware public opinion. Another issue concerns the development of extraction technologies, i.e. the miraculous tight oil in Texas, which has not turned out to be very profitable but has made Texas one of the world's largest oil producers in the world.

Another issue regards energy security. In fact, it is necessary to evaluate the risks that the flow of energetic raw materials runs along the distribution route, taking into account, for example, that some locations such as the Strait of Hormuz (at the eastern end of the Persian Gulf, between Iran and the Arabian Peninsula), the Strait of Bab el-Mandeb (between the Gulf of Aden and the Red Sea) and the Suez Canal are strategic passages in the routes of the oil ships towards Europe. In addition to the technical risks of possible disruptions due to malfunctioning or structural damage, there are threats of potential hostile activities by terrorists or pirates. Another possible disruption may be caused by a crisis between a producing state and a transit state, as happened a few years ago during the secessionist conflict in Ossetia, when the Georgian government cut off the supply of natural gas.

The unequivocal fact is that oil is a finite resource - we may not see it exhausted in a short time, but it is necessary to take all the necessary measures to ensure the amount of energy that our development model requires at a reasonable price.

INDUSTRIAL TECHNOLOGY editorial office

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TECO

Teco spa, the perfect partner for the industrial sector

d, Z > yW Zd /E d, /^dZ/ hd/KE͕ /E^d >> d/KE s >h Ͳ d, /&& Z E >/ ^ /E d, yd E^/s E D /Ed E E K& d ,E/ > Yh/WD Ed K&& Z E 'Z d yW Z/ E /E d, /E h^dZ/ > ^ dKZ dĞĐŽ ^ƉĂ ŝƐ Ă ƌĞĂů ƉŽŝŶƚ ŽĨ ƌĞĨĞƌĞŶĐĞ ŝŶ ƚŚĞ ĮĞůĚ ŽĨ ƚĞĐŚŶŝĐĂů ƉƌŽĚƵĐƚƐ ĨŽƌ ƚŚĞ ŝŶĚƵƐƚƌŝĂů ƐĞĐƚŽƌ͗ ƚŚĞ ĐŽŵƉĂŶLJ͕ ďĂƐĞĚ ŝŶ 'Z d dd Ed/KE E Z ƌĞƐĐŝĂ͕ ŚĂƐ ďĞĞŶ ĂďůĞ ƚŽ ďƵŝůĚ ŽǀĞƌ ƟŵĞ Ă ůĞĂĚŝŶŐ ƌŽůĞ dŚĞ ĂƩĞŶƟŽŶ ƚŽ ƋƵĂůŝƚLJ ŝƐ ĞdžƚƌĞŵĞůLJ ŚŝŐŚ ĂŶĚ Ăůů ƚŚĞ ŝƚĞŵƐ ŝŶ ƚŚŝƐ ŵĂƌŬĞƚ͕ ƚŚĂŶŬƐ ƚŽ ĂŶ ĞdžƚĞŶƐŝǀĞ ĂŶĚ ŝŶŶŽǀĂƟǀĞ ŝŵƉŽƌƚĞĚ ĨŽƌ /ƚĂůLJ ĐŽŵĞ ĨƌŽŵ /^KϵϬϬϭ ĐĞƌƟĮĞĚ ĐŽŵƉĂŶŝĞƐ ŽīĞƌ͕ ĂŶĚ ŐƌĞĂƚ ĞdžƉĞƌŝĞŶĐĞ ŐĂŝŶĞĚ ŝŶ ŽǀĞƌ ĨŽƌƚLJͲĮǀĞ LJĞĂƌƐ ŽĨ ƚŚĞ ŵĂũŽƌ ŝŶĚƵƐƚƌŝĂů ĐŽƵŶƚƌŝĞƐ ŝŶ ƚŚĞ ǁŽƌůĚ͘ ůƐŽ ƚŚĞ ŽĨ ĂĐƟǀŝƚLJ͘ dŚĞ ĐŽŵƉĂŶLJ͛Ɛ ĂĚĚĞĚ ǀĂůƵĞ ůŝĞƐ ŝŶ ƚŚĞ ĨĂĐƚ ĐƵƐƚŽŵĞƌ ĐĂƌĞ ŝƐ ŽĨ ŚŝŐŚ ůĞǀĞů͗ ĨŽƌ ƚŚŝƐ ƌĞĂƐŽŶ͕ ƚŚĞ ĐůŝĞŶƚƐ ƚŚĂƚ ŝƚ ŶŽƚ ŽŶůLJ ŽƉĞƌĂƚĞƐ ŝŶ ƚŚĞ ĞdžĐůƵƐŝǀĞ ĚŝƐƚƌŝďƵƟŽŶ ŽĨ ǁŚŽ ƚƵƌŶ ƚŽ dĞĐŽ ^ƉĂ ĐĂŶ ĮŶĚ ĐŽŶĐƌĞƚĞ ĂŶƐǁĞƌƐ ĂŶĚ ƚĞĐŚŶŝĐĂů ĞƋƵŝƉŵĞŶƚ ĨŽƌ ƚŚĞ ŵĞĐŚĂŶŝĐĂů ĂŶĚ ŝŶĚƵƐƚƌŝĂů ƉƌĂĐƟĐĂů ƐŽůƵƟŽŶƐ ƚŚƌŽƵŐŚ Ă ƉĞƌƐŽŶĂůŝnjĞĚ͕ ƚĂŝůŽƌͲŵĂĚĞ ƐĞĐƚŽƌƐ ďƵƚ ĂůƐŽ ƚŚĂƚ ƚŚĞŝƌ ƉƌŽĚƵĐƚƐ ŵĞĞƚ ƚŚĞ ĐƵƐƚŽŵĞƌ͛Ɛ ƐĞƌǀŝĐĞ͖ ƚŚĞLJ ĐĂŶ ĂůƐŽ ĐŽƵŶƚ ŽŶ Ă ǁĞůůͲƐƚŽĐŬĞĚ ǁĂƌĞŚŽƵƐĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ĨƌŽŵ ƚŚĞ ŝŶŝƟĂů ŝŶƐƚĂůůĂƟŽŶ ƚŚƌŽƵŐŚ ǁŝƚŚ ĂŶ ŝŵƉƌĞƐƐŝǀĞůLJ ƌŝĐŚ ƐƚŽĐŬ ǁŚŝĐŚ ŵĂŬĞƐ ƚŚĞ ǁŚŽůĞƐĂůĞͬ ŽƌĚŝŶĂƌLJ ĂŶĚ ĞdžƚƌĂŽƌĚŝŶĂƌLJ ŵĂŝŶƚĞŶĂŶĐĞ͘ ĂƐƐŝƐƚĂŶĐĞ ƉŚĂƐĞ ĞĂƐŝĞƌ͘ dŚĞ ǁĂƌĞŚŽƵƐĞ ĂůƐŽ ŝŶĐůƵĚĞƐ ƐƉĂƌĞ ƉĂƌƚƐ ĨŽƌ ƚŚĞ ŵŽƐƚ ĐŽŵŵŽŶ ƚLJƉĞƐ ŽĨ ŝŶĚƵƐƚƌŝĂů

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

NEWS

TECO

ďĂůů ďĞĂƌŝŶŐƐ͕ ƌŽůůĞƌ ďĞĂƌŝŶŐƐ͕ ŶĞĞĚůĞ ďĞĂƌŝŶŐƐ͕ ƌŽůůŝŶŐ ďĞĂƌŝŶŐƐ͘ ŶĚ ŵŽƌĞ͗ ďĞůƚƐ ƐůĞĞǀĞƐ ĂŶĚ ƚŽŽƚŚĞĚ ďĞůƚƐ͕ ƐŵŽŽƚŚ ĂŶĚ ĐŽŐŐĞĚ sͲďĞůƚƐ ĂŶĚ ƐĞůĨͲĂůŝŐŶŝŶŐ ďĞĂƌŝŶŐ ƐƵƉƉŽƌƚƐ͕ ũƵƐƚ ƚŽ ŵĞŶƟŽŶ ƐŽŵĞ ŽĨ ƚŚĞ ŵĂŶLJ ƉƌŽĚƵĐƚƐ ŽŶ ƚŚĞ ůŝƐƚ ŽĨ dĞĐŽ ^ƉĂ͘ ,ŽǁĞǀĞƌ͕ ŽŶĞ ƚŚŝŶŐ ƌĞŵĂŝŶƐ ƵŶŝƋƵĞ͗ Ăůů ƚŚĞƐĞ ƉƌŽĚƵĐƚƐ ĂƌĞ Ăƚ ƚŚĞ ĨŽƌĞĨƌŽŶƚ͘ /Ŷ ĨĂĐƚ͕ ƚŚĞ ĐŽŵƉĂŶLJ ĐŽŶƐƚĂŶƚůLJ ůŽŽŬƐ Ăƚ ƚŚĞ ŵĂƌŬĞƚ ĚĞǀĞůŽƉŵĞŶƚƐ ŝŶ ϰϱ ʹ d, KDW Ez E KhEd KE ϰϱ z Z^ K& ŽƌĚĞƌ ƚŽ ŬĞĞƉ ƵƉ ǁŝƚŚ ƚŚĞ ƟŵĞƐ͘ yW Z/ E /E d, &/ > K& D , E/ > /E h^dZz WZKs E Yh >/dz hd KtE d, KZ Z WZK ^^/E' d/D /Ŷ ĂĚĚŝƟŽŶ ƚŽ ŝŵƉŽƌƟŶŐ ŝŶĚƵƐƚƌŝĂů ƉƌŽĚƵĐƚƐ ĨƌŽŵ ƚŚĞ /Ŷ ĂĚĚŝƟŽŶ ƚŽ ƚŚŝƐ͕ ƚŚĞ ĐŽŵƉĂŶLJ ĂůƐŽ ŽīĞƌƐ ĂŶ ĞdžƚƌĞŵĞůLJ ďĞƐƚ ŝŶƚĞƌŶĂƟŽŶĂů ďƌĂŶĚƐ͕ dĞĐŽ ^ƉĂ ŵĂŶĂŐĞƐ ĂŶ ŝŶͲŚŽƵƐĞ ĞĸĐŝĞŶƚ ƐŚŝƉƉŝŶŐ ƐĞƌǀŝĐĞ͕ ǁŚŝĐŚ ĐĂŶ ĐŽǀĞƌ ŝŶ Ă ǀĞƌLJ ƐŚŽƌƚ ĚĞƉĂƌƚŵĞŶƚ ƐƉĞĐŝĮĐĂůůLJ ĞƋƵŝƉƉĞĚ ƚŽ ŽďƚĂŝŶ ĨƌŽŵ ƐƚĂŶĚĂƌĚ ƟŵĞ ŶŽƚ ŽŶůLJ ƌĞƐĐŝĂ ĂŶĚ ŝƚƐ ƉƌŽǀŝŶĐĞ ďƵƚ ƚŚĞ ĞŶƟƌĞ ƌŽůůƐ ŽĨ ĐŚĂŝŶ͕ ƐĞĐƟŽŶƐ Žƌ ƌŝŶŐƐ ŽĨ ƚŚĞ ůĞŶŐƚŚ ĚĞƐŝƌĞĚ ďLJ /ƚĂůŝĂŶ ŶĂƟŽŶĂů ƚĞƌƌŝƚŽƌLJ͕ ŝŶĐůƵĚŝŶŐ ƚŚĞ ŝƐůĂŶĚƐ͘ ǀĞŶ ƚŚĞ ƚŚĞ ĐƵƐƚŽŵĞƌ ĂŶĚ Ă ĚĞƉĂƌƚŵĞŶƚ ĞƋƵŝƉƉĞĚ ƚŽ ŽďƚĂŝŶ ĨƌŽŵ ŽƌĚĞƌ ƉƌŽĐĞƐƐŝŶŐ ƟŵĞƐ ĂƌĞ ǀĞƌLJ ĨĂƐƚ͗ dĞĐŽ ŚĂƐ ŝŶ ĨĂĐƚ ǁŚŽůĞ ƐůĞĞǀĞƐ͕ ĐŽŐŐĞĚ ďĞůƚƐ ŝŶ ƌƵďďĞƌ Žƌ ƉŽůLJƵƌĞƚŚĂŶĞ ĚĞǀĞůŽƉĞĚ Ă ƐLJƐƚĞŵ ƚŚĂƚ ƐŝŐŶŝĮĐĂŶƚůLJ ƌĞĚƵĐĞƐ ƚŚĞ ƟŵĞ ŽĨ ƚŚĞ ĚĞƐŝƌĞĚ ǁŝĚƚŚ͘ WƌŽǀĞŶ ƋƵĂůŝƚLJ ƉƌŽĚƵĐƚƐ ĐŽŵďŝŶĞĚ ƚŚĂƚ ŽĐĐƵƌƐ ďĞƚǁĞĞŶ ƚŚĞ ĮƌƐƚ ĐŽŶƚĂĐƚ ĂŶĚ ƚŚĞ ĚĞůŝǀĞƌLJ͕ ǁŝƚŚ ŚŝŐŚůLJ ĐƵƐƚŽŵŝnjĂďůĞ ƐĞƌǀŝĐĞ ƉĂĐŬĂŐĞƐ ĂŶĚ ƐƵƉƉůŝĞƐ ďĞŝŶŐ ǁĞůů ĂǁĂƌĞ ƚŚĂƚ ŝŶ Ă ĐŽŶƐƚĂŶƚůLJ ĞǀŽůǀŝŶŐ ŵĂƌŬĞƚ͕ ĐƌĞĂƚĞ Ă ƉĞƌĨĞĐƚ ŵŝdž͕ ǁŚŝĐŚ ŝƐ Ă ŬĞLJ ƉĂƌƚ ŽĨ ƚŚĞ ĐŽŵƉĂŶLJ͛Ɛ ŝŶ ǁŚŝĐŚ ƐƉĞĞĚ ĂŶĚ ƋƵĂůŝƚLJ ĂƌĞ ĞƐƐĞŶƟĂů͕ ƌĞƐƵŵŝŶŐ ƐƵĐĐĞƐƐ ŝŶ ƚŚĞ /ƚĂůŝĂŶ ŵĂƌŬĞƚ ĂŶĚ ĂďƌŽĂĚ͘ ǁŽƌŬ ŝŶ ƚŚĞ ƐŚŽƌƚĞƐƚ ƟŵĞ ŝƐ ĂŶ ĞůĞŵĞŶƚ ŽĨ ĨƵŶĚĂŵĞŶƚĂů ŝŵƉŽƌƚĂŶĐĞ͘ tŝƚŚ ƚŚŝƐ ŝŶŶŽǀĂƟǀĞ ĂƉƉƌŽĂĐŚ͕ dĞĐŽ ^ƉĂ ŝƐ &Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ƚŚĞ ŝĚĞĂů ƉĂƌƚŶĞƌ ĨŽƌ Ăůů ƚŚĞ ƉƌŽĨĞƐƐŝŽŶĂůƐ ŝŶ ƚŚĞ ƐĞĐƚŽƌ͗ ǁǁǁ͘ƚĞĐŽƐƉĂ͘ŝƚ ŝŶ ĂĚĚŝƟŽŶ ƚŽ ŽīĞƌŝŶŐ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ƐĞƌǀŝĐĞƐ͕ ŝŶ ĨĂĐƚ͕ ƚĞĐŽΛƚĞĐŽŐƌŽƵƉ͘ŝƚ ƐƵŝƚĂďůĞ ƚŽ ĐŽǀĞƌ Ăůů ŶĞĞĚƐ͕ ƚŚĞ ƵƐĞ ŽĨ Ă ƐŝŶŐůĞ ĐŽŶƚĂĐƚ ĨŽƌ ƚŚĞ ƉƵƌĐŚĂƐĞ ŽĨ ƐƉĂƌĞ ƉĂƌƚƐ͕ ƐŚŝƉƉŝŶŐ͕ ĚĞůŝǀĞƌLJ͕ ĂƐƐĞŵďůLJ ĂŶĚ ŵĂŝŶƚĞŶĂŶĐĞ͕ ŝƐ ĂŶ ĂĚĚĞĚ ǀĂůƵĞ ƚŚĂƚ ŚĂƐ Ă ƐŝŐŶŝĮĐĂŶƚ ŝŵƉĂĐƚ ŽŶ ĐŽƐƚ ƐĂǀŝŶŐƐ ĂŶĚ ƉƌŽĐĞƐƐŝŶŐ ƟŵĞ͘ ƚƌĂŶƐŵŝƐƐŝŽŶƐ͕ ŵĂŬŝŶŐ dĞĐŽ ƚŚĞ ŝĚĞĂů ƉĂƌƚŶĞƌ ŝŶ ĐĂƐĞ ŽĨ ƌĞƉůĂĐĞŵĞŶƚ ŽĨ ĨƵŶĚĂŵĞŶƚĂů ĞůĞŵĞŶƚƐ ĨŽƌ ŝŶĚƵƐƚƌŝĂů ŵĂĐŚŝŶĞƌLJ͘ ŶĚ ƚŚĂƚ͛Ɛ ŶŽƚ Ăůů͗ ďLJ ĐŽŶŶĞĐƟŶŐ ĚŝƌĞĐƚůLJ ƚŽ ƚŚĞ ĐŽŵƉĂŶLJ͛Ɛ ǁĞďƐŝƚĞ ;ǁǁǁ͘ƚĞĐŽƐƉĂ͘ŝƚͿ LJŽƵ ĐĂŶ ĂĐĐĞƐƐ ƚŚĞ ŽŶůŝŶĞ ƐŚŽƉ͕ ǁŚŝĐŚ ĂůůŽǁƐ LJŽƵ ƚŽ ƉƵƌĐŚĂƐĞ ǁŝƚŚ ũƵƐƚ Ă ĨĞǁ ĐůŝĐŬƐ Ăůů ƚŚĞ ƉƌŽĚƵĐƚƐ ŽīĞƌĞĚ ďLJ ƚŚĞ ĐŽŵƉĂŶLJ͘

d, K&& Z ͮ W Z& d D/y WZK h d^ E ^ Zs/ ^ &KZ Ez E /ŶĚƵƐƚƌŝĂů ĐŚĂŝŶƐ ĂŶĚ ĂĐĐĞƐƐŽƌŝĞƐ͕ ŐĞĂƌƐ͕ ĞůĞĐƚƌŝĐ ŵŽƚŽƌƐ͕

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

69

NEWS

HEILA CRANES

Heila Cranes, UHGHƬQHV OLIWLQJ LQGXVWU\

/Ŷ Ă ŵĂƌŬĞƚ ǁŝƚŚ ƐĂƚƵƌĂƚĞĚ ĂŶĚ ƌĞƉĞƟƟǀĞ ĐƌĂŶĞ ĚĞƐŝŐŶ ĐŚĂƌĂĐƚĞƌŝƐƟĐƐ ƚŽ ǁŝƚŚƐƚĂŶĚ ŚĞĂǀLJ ĚƵƚLJ ŽƉĞƌĂƟŽŶƐ͕ ŝŶĐƌĞĂƐĞĚ ůŝŌŝŶŐ ƉĞƌĨŽƌŵĂŶĐĞ͕ ƐƚĂďŝůŝƚLJ͕ ĂŶĚ ůŝŵŝƚĞĚ ƉĂƌŬŝŶŐ ƉŽƐŝƟŽŶ ĂƌĞ ŵŽƌĞ ŽŌĞŶ ƌĞƋƵŝƌĞĚ ƚŽ ďĞ ƉƌŽǀŝĚĞĚ͘ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ĨĞĂƚƵƌĞƐ ƚŚĂƚ ƐŚŽƵůĚ ďƌŝŶŐ ƚŽ ƐŚŝƉ ŽǁŶĞƌƐ ĂĚĚŝƟŽŶĂů ǀĂůƵĞ͘ ĞŝŶŐ ƚŚŝƐ Ă ĐŽŵŵŽŶ ĐŚĂůůĞŶŐĞ ĨŽƌ ĐƌĂŶĞ ŵĂŬĞƌƐ͕ ĨŽƌ ,ĞŝůĂ ŝŶƐƚĞĂĚ͕ ƵƐĞĚ ƚŽ ƐƵƉƉůLJ ƚĂŝůŽƌ ŵĂĚĞ ĐƌĂŶĞƐ ĂƐ ƚŚĞŝƌ ƉĞĐƵůŝĂƌŝƚLJ ĨŽƌ ƉƌŽƉĞƌ ĮƫŶŐ ŽŶ ĞĂĐŚ ǀĞƐƐĞů͘ ǀĞƌLJ ƐŝŶŐůĞ ĐƌĂŶĞ ŝƐ ͞ĞƋƵĂůůLJ ĚŝīĞƌĞŶƚ͘͟ dŚŝƐ ŝƐ ǁŚĞƌĞ ƚŚĞ , /> ŬŶƵĐŬůĞ ƚĞůĞƐĐŽƉĞ ĐƌĂŶĞƐ ĐĂŶ ŽǀĞƌĐŽŵĞ ƚŚĞ ŶĞĞĚ ĂŶĚ ƉƌŽǀŝĚĞ Ă ŐƌŝƉ ƚŽ ƚŚĞƐĞ ƌĞƋƵŝƌĞŵĞŶƚƐ͘

ϳϬd ŬŶƵĐŬůĞ ƚĞůĞƐĐŽƉŝРŵ ĐƌĂŶĞ͘ dŚŝƐ ĐƌĂŶĞ ŝƐ ƚŚĞ ůĂƚĞƐƚ ďƌĂŶĚ ŶĞǁ ƐĞŝnjĞĚ ĚĞƐŝŐŶ ĐŽŶĐĞƉƚ ŝŶ ƚŚĞ ĞŶƟƌĞ ŵĂƌŝŶĞ ŵĂƌŬĞƚ͘ tŝƚŚ ŽŶůLJ ϲϬdŽŶ ŽĨ ĚĞĂĚǁĞŝŐŚƚ͕ ƚŚŝƐ ĐƌĂŶĞ ĐĂŶ ďĞ ŝŶƐƚĂůůĞĚ ŽŶ ƚŚĞ ƐŵĂůůĞƐƚ ƐŚŝƉ ǁŝƚŚŽƵƚ ŝŵƉĂĐƟŶŐ ŽŶ ƚŚĞ ƐƚĂďŝůŝƚLJ͕ ǁŝƚŚ Ă ůŽǁ ƉŽǁĞƌ ĐŽŶƐƵŵƉƟŽŶ ŽĨ ũƵƐƚ ϯϮϬŬt ƚŽ ĨƵƌƚŚĞƌ ĚĞĐƌĞĂƐĞ ƚŚĞ ĚĞŵĂŶĚ ƚŽ ƚŚĞ ǀĞƐƐĞů͛Ɛ ŐĞŶƐĞƚ͘ dĞůĞƐĐŽƉŝĐ ĂƌŵƐ ƵƉ ƚŽ ϯϬ ŵĞƚĞƌƐ ƌĂĚŝƵƐ͕ ǁŝƚŚ ǀĞƌLJ ůŝŵŝƚĞĚ ƉĂƌŬŝŶŐ ƐƉĂĐĞ͖ KŶůLJ ϲ ŵĞƚĞƌƐ ƌĞƋƵŝƌĞĚ͕ ƐƵŝƚĂďůĞ ĨŽƌ ĮƫŶŐ ŽĨ Ă ϰϬŵ ǀĞƐƐĞůƐ ůĞŶŐƚŚ ĂŶĚ ŵŽƐƚ ƐƉĂĐĞͲƐĞŶƐŝƟǀĞ Kŝů Θ 'ĂƐ ƉůĂƞŽƌŵ͖ &ƵŶĚŝŶŐ ƚŚĞƐĞ ŝŵƉƌŽǀĞŵĞŶƚƐ ŚĂƐ ƌĞůŝĞĚ ŽŶ Ă ĐŽƐƚͲƐŚĂƌŝŶŐ ĨŽƌŵƵůĂ ĨŽƌ ĚĞƉĞŶĚŝŶŐ ƉƌŽũĞĐƚƐ͘ ZĞĮƚ sƐ EĞǁďƵŝůĚ ƵŶŝƚƐ dŚŝƐ ǀĞƌƐĂƟůŝƚLJ ǁŝůů ĞŶĂďůĞ ƚŚĞ ŽǁŶĞƌƐ ƚŽ ďŝĚ ĨŽƌ ĚŝīĞƌĞŶƚ hƉŐƌĂĚŝŶŐ Žƌ ĐŽŶǀĞƌƟŶŐ ŽĨ ĂŶ ĞdžŝƐƟŶŐ ǀĞƐƐĞů ĐĂŶ ďĞ ĐŚĂƌƚĞƌƐ͕ ;ƉůĂƞŽƌŵ ƐƵƉƉůLJ ǀĞƐƐĞůƐͿ ;ZKs ůŝŌŝŶŐ͕ ďƵŽLJ͕ ĐŽŵƉĞƟƟǀĞ ǁŝƚŚ ŶĞǁďƵŝůĚ ŽƉƟŽŶƐ ŝĨ ƉƌĞƉĂƌĞĚ ĂŶĚ ŶĐŚŽƌ ŚĂŶĚůŝŶŐͿ ŵĂŶĂŐĞĚ ǁĞůů͘ ŽƐƚ ƐĂǀŝŶŐ ĨƌŽŵ ƚŚĞ ŶĞĐĞƐƐŝƚLJ ŽĨ ŶĞǁďƵŝůĚŝŶŐ ƉƵƌĐŚĂƐŝŶŐ ĂƐ Ă ƐƵďƐƚĂŶƟĂů ŝŶǀĞƐƚŵĞŶƚ ƚŚĂƚ ůůŽǁŝŶŐ ƚŚĞ ŽǁŶĞƌ ƚŽ͗ ŽŌĞŶ ƚĂŬĞƐ ;ƚŽŽͿ ŵƵĐŚ ƟŵĞ ƚŽ ŽďƚĂŝŶ ŵĂdžŝŵƵŵ ďĞŶĞĮƚ ͲĞŶŐĂŐĞ ƚŚĞ ĞdžŝƐƟŶŐ ƵŶŝƚ ĨŽƌ ŵƵůƟͲƉƵƌƉŽƐĞ ĐŚĂƌƚĞƌŝŶŐ͕ ĨƌŽŵ ĂŶ ĞŵĞƌŐŝŶŐ ŽƉƉŽƌƚƵŶŝƚLJ͘ ͲĂǀŽŝĚŝŶŐ ĐƌĂŶĞ ƌĞƉůĂĐĞŵĞŶƚƐ ĚƵĞ ƚŽ ĐŚĂƌƚĞƌ ƌĞƋƵŝƌĞŵĞŶƚ͕ ĐĐŽŵƉůŝƐŚŝŶŐ ƚŚĞ ŶĞĞĚĞĚ ŵĂŝŶƚĞŶĂŶĐĞ ĂŶĚ ͲĐƵƚ Žī ŵŽďŝůŝnjĂƟŽŶ ƟŵĞ͕ ďĞ ŵŽƌĞ ĐŽŵƉĞƟƟǀĞ ĂŶĚ ŵŽĚĞƌŶŝnjĂƟŽŶ ŝƐ ĞƐƐĞŶƟĂů ƚŽ ĐƌĞĂƟŶŐ Ă ĐŽŵƉĞƟƟǀĞ ŝŶĐƌĞĂƐĞ ƚŚĞ ŶƵŵďĞƌƐ ŽĨ ĂǁĂƌĚĞĚ ĐŚĂƌƚĞƌ ĚƵƌŝŶŐ ďŝĚĚŝŶŐ͕ ŵĂƌŝƟŵĞ ĐĂƉĂďŝůŝƚLJ͘ ͲĐƵƚ Žī ǀĞƐƐĞů ĚŽǁŶƟŵĞ͕ ƐĂǀŝŶŐ ŵŽŶĞLJ ,ĞŝůĂ ĐŽǀĞƌƐ Ăůů ƉŚĂƐĞƐ ŽĨ ƉƌŽũĞĐƚ ĚĞǀĞůŽƉŵĞŶƚ ĨƌŽŵ /ŵƉƌŽǀĞĚ ĞĸĐŝĞŶĐLJ ďLJ ƉƌŽǀĞŶ ĚĞƐŝŐŶ Ɛ Ă ƌĞƐƵůƚ ŽĨ ϯϲ LJĞĂƌ ŚŝƐƚŽƌLJ ĞdžƉĞƌƟnjĞ͕ ŝŶ :ƵŶĞ ϮϬϭϳ͕ ĞŶŐŝŶĞĞƌŝŶŐ ƚŽ ƐĞƌǀŝĐĞ ĂƐƐŝƐƚĂŶĐĞ͕ ŚĂǀŝŶŐ ĞǀĞƌLJ ĐƌĂŶĞ ,ĞŝůĂ ŚĂƐ ƐŝŐŶĞĚ ĂŶ ŽƌĚĞƌ ĨŽƌ ƚŚĞ ĐŽŶƐƚƌƵĐƟŽŶ ŽĨ Ă ŐŝĂŶƚ ĮƩĞĚ ǁŝƚŚ ƚŚĞ ůĂƚĞƐƚ ƚĞĐŚŶŽůŽŐLJ ĂŶĚ ŬŶŽǁͲŚŽǁ͕ ǁŝƚŚŽƵƚ

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HEILA CRANES losing the focus of what we can do best. Fit the crane on each owner’s vessel.

ďĞ ƵƟůŝnjĞĚ ĨŽƌ ŽƚŚĞƌ ƐĐŚĞĚƵůĞ ĂĐƟǀŝƟĞƐ͘ LJ ƐŝŵƉůĞ ƐĞůĞĐƟŽŶ ŝŶ ƚŚĞ ĐŽŶƚƌŽůƐ ƚŚŽƐĞ ĐƌĂŶĞƐ ĂƌĞ capable of being operated both by winch or crane hook.

Made coincide the reference point of the crane hook with the operator, through this design, allow the ship owner ƚŽ ĚĞĐƌĞĂƐĞ ƚŚĞ ŽƉĞƌĂƟŽŶĂů ƟŵŝŶŐ͕ ŝŶĐƌĞĂƐŝŶŐ ĞĸĐŝĞŶĐLJ͕ and money. tŝƚŚ ƚŚĞ ŝŵƉůĞŵĞŶƚĂƟŽŶ ŽĨ ƚŚĞ ƌĂĚŝŽ ƌĞŵŽƚĞ ĐŽŶƚƌŽů ƚŚĞ ŽƉĞƌĂƚŽƌ ǁŝůů ŚĂǀĞ ƚŚĞ ďĞƐƚ ĐŽŵďŝŶĂƟŽŶ ŽĨ ůŝŌŝŶŐ ƉĞƌĨŽƌŵĂŶĐĞ ĂŶĚ ǀŝƐŝďŝůŝƚLJ ƐƉĞĐƚƌƵŵ ĨŽƌ ƚŚĞ ŵŽƐƚ ĞĸĐŝĞŶƚ ůŝŌŝŶŐ ŽƉĞƌĂƟŽŶƐ͘

Widening the bidding prospects by wide crane ĂƉƉůŝĐĂƟŽŶ ƚĞĐŚŶŽůŽŐLJ ƚŚĂƚ ĐĂŶ ŽīĞƌ ĐŽŶƐŝĚĞƌĂďůĞ ĂĚǀĂŶƚĂŐĞƐ ďLJ ǁŝĚĞŶŝŶŐ ƚŚĞ ƐƉĞĐƚƌƵŵ ŽĨ ƚŚĞ ĂĐƟǀŝƟĞƐ ǁŝƚŚ Ă ĐŽŶƐĞƋƵĞŶƚ ƌŝƐĞ ĨŽƌ ǀĞƐƐĞů ĐŚĂƌƚĞƌ ŽƉĞƌĂƟŽŶƐ͘ dŚŝƐ ĐŽŵďŝŶĂƟŽŶ ǁŝůů ďƌŝŶŐ ƚŽ ŽǁŶĞƌƐ ŝŶĐƌĞĂƐĞĚ ŇĞĞƚƐ ŽƉƟŵŝnjĂƟŽŶ ŽŶ ƚŚĞ ŝŶƐƚĂůůĞĚ ĨĞĂƚƵƌĞƐ ǁŝƚŚ ĐŽŶƐĞƋƵĞŶƟĂů raise of asset value and increased turnover prospect. This means higher revenue for the ship owners. Providing to ƚŚĞ ŽƉĞƌĂƚŽƌ ŬĞLJ ĨĞĂƚƵƌĞƐ ƚŚĂƚ ĂůůŽǁ ƚŽ ƵƟůŝnjĞ ƚŚŝƐ ĐƌĂŶĞ ŽŶƟŶƵŽƵƐ 'ƌŽǁƚŚ ŝŶ ƐĞǀĞƌĂů ĂƉƉůŝĐĂƟŽŶƐ͘ &ŽůůŽǁŝŶŐ ƚŚĞ ĐŽŵƉĂŶLJ ƐƚƌƵĐƚƵƌĞ ƌĞͲŽƌŐĂŶŝnjĂƟŽŶ ŽŶ ϮϬϭϭ͕ ,ĞŝůĂ ŚĂƐ ĐŽůůĞĐƚĞĚ Ă ƐĞƌŝĂů ĂǁĂƌĚ ŽĨ ƉƌĞƐƟŐŝŽƵƐ Be simple be fast projects: Our strong skills in tailor made cranes are our peculiarity; ͲƐƵƉƉůLJ ŽĨ ϰ >ZƐ ůĂƐƐĞĚ ƌĂŶĞƐ ĨŽƌ <ƵǁĂŝƚ Kŝů ŽŵƉĂŶLJ͕ ĚĞƐŝŐŶĞĚ ĂŶĚ ďƵŝůƚ ŝŶ Ă ǀĞƌLJ ĐŽŵƉĞƟƟǀĞ ƟŵĞ ƚŚŽƐĞ says Waled Gaber “A master achievement”. ĐƵƐƚŽŵƐ ďƵŝůƚ ĐƌĂŶĞƐ ĚŽ ƉĞƌĨĞĐƚůLJ Įƚ ĂŶĚ ĂŶƐǁĞƌ ƚŽ ƚŚĞ ͲƐƵƉƉůLJ ŽĨ ĐƌĂŶĞ ĨŽƌ EKKZϮ ƉƌŽũĞĐƚ͕ ƚŚĞ ďŝŐŐĞƐƚ ƐŽůĂƌ ĐƵƐƚŽŵĞƌ͛Ɛ ƌĞƋƵĞƐƚ͘ ƉŽǁĞƌ ƉůĂŶƚ ǁŽƌůĚǁŝĚĞ ďƵŝůƚ ŝŶ DŽƌŽĐĐŽ͘ ƌĂŶĞ ŝŶƐƚĂůůĞĚ Less required maintenance on a 265meters tower. tŝƚŚ ƚŚĞ ĐŽŶƟŶƵŽƵƐ ĚĞŵĂŶĚ ĨŽƌ ŚĞĂǀLJ ĚƵƚLJ ŽƉĞƌĂƟŽŶ in most harsh environment, during the years Heila dŝůů ƚŚĞ ƌĞĐĞŶƚ ĚĞůŝǀĞƌLJ ŽĨ ƚǁŽ ƵŶŝƚƐ ĐĞƌƟĮĞĚ ǁŝƚŚ Es'> ŚĂƐ ĚĞǀĞůŽƉĞĚ Ă ƐƉĞĐŝĮĐ ĂŶƟͲĐŽƌƌŽƐŝŽŶ ƉƌŽŐƌĂŵ ƚŚĂƚ ĚĞƐƟŶĞĚ ƚŽ ŽīƐŚŽƌĞ ŽƉĞƌĂƟŽŶ ĨŽƌ ƚŚĞ ĮƌƐƚ ǁŽƌůĚǁŝĚĞ describes the complete process that every crane ƉŝůŽƚ ƉƌŽũĞĐƚ ŽĨ ƐƵďŵĞƌƐŝďůĞ ĮƐŚŝŶŐ ƉůĂƞŽƌŵ͘ dŚĞ ĐƌĂŶĞƐ ƉƌŽĚƵĐĞĚ ŐŽĞƐ ƚŚƌŽƵŐŚ͕ ŽīĞƌŝŶŐ ƚŽ ŽƉĞƌĂƚŽƌƐ ĂƐ ǁĞůů are provided with the more complex safety features ƐŽůƵƟŽŶ ĨŽƌ ŝŵƉƌŽǀŝŶŐ ĐƌĂŶĞ ůŝĨĞƟŵĞ ĂŶĚ ĚĞĐƌĞĂƐĞ ĂĐĐŽƌĚŝŶŐ ƚŽ EŽƌǀĞŐŝĂŶ ŵĂƌŝƟŵĞ ĚŝƌĞĐƚŽƌĂƚĞ ĂŶĚ maintenance schedule program, with return investment ůĂƐƐŝĮĐĂƟŽŶ ƐŽĐŝĞƚLJ͘ ĨŽƌ ƐŚŝƉͲŽǁŶĞƌƐ͘ ͞dĂƌŐĞƟŶŐ ĞdžĐĞůůĞŶĐĞ͘͟ DĂdžŝŵŝnjŝŶŐ WŽƚĞŶƟĂů Accomplishing the needed maintenance and ŵŽĚĞƌŶŝnjĂƟŽŶ ŝƐ ĞƐƐĞŶƟĂů ƚŽ ĐƌĞĂƟŶŐ Ă ĐŽŵƉĞƟƟǀĞ ŵĂƌŝƟŵĞ ĐĂƉĂďŝůŝƚLJ͘ dŚŝƐ ĐŽŵďŝŶĂƟŽŶ ǁŝůů ďƌŝŶŐ ƚŽ ŽǁŶĞƌƐ ŝŶĐƌĞĂƐĞĚ ŇĞĞƚƐ ŽƉƟŵŝnjĂƟŽŶ ŽŶ ƚŚĞ ŝŶƐƚĂůůĞĚ ĨĞĂƚƵƌĞƐ ǁŝƚŚ ĐŽŶƐĞƋƵĞŶƟĂů ƌĂŝƐĞ ŽĨ ĂƐƐĞƚ ǀĂůƵĞ ĂŶĚ ŝŶĐƌĞĂƐĞĚ turnover prospect. This means higher revenue for the ship owners. Providing to the operator key features that ĂůůŽǁ ƚŽ ƵƟůŝnjĞ ƚŚŝƐ ĐƌĂŶĞ ŝŶ ƐĞǀĞƌĂů ĂƉƉůŝĐĂƟŽŶƐ͘ ZĞĚƵĐƟŽŶ ŽĨ ŽƉĞƌĂƟŽŶĂů ƟŵĞ Time is important. The more can be saved, the more can

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Spina Group The solution for your project ^ƉŝŶĂ 'ƌŽƵƉ ŝƐ ĂŶ /ƚĂůŝĂŶ ůĞĂĚŝŶŐ ŝŶĚƵƐƚƌŝĂů ĐŽŶƚƌĂĐƚŽƌ ƚŚĂƚ ƉƌŽǀŝĚĞƐ ĐŽŵƉůĞƚĞ ƐŽůƵƟŽŶƐ ĨŽƌ ŝŶĚƵƐƚƌŝĂů ƉůĂŶƚƐ ĨƌŽŵ ŝŶͲŚŽƵƐĞ ƉƌŽĚƵĐƟŽŶ ƚŽ ŵĂŝŶƚĞŶĂŶĐĞ͘ dŚĞ ĐŽŵƉĂŶLJ ŽƉĞƌĂƚĞƐ ŝŶƚĞƌŶĂƟŽŶĂůůLJ ŝŶ ƉĞƚƌŽĐŚĞŵŝĐĂů͕ ŝŶĚƵƐƚƌŝĂů͕ ĞŶĞƌŐLJ͕ Kŝů Θ 'ĂƐ ĂŶĚ ŝŶĨƌĂƐƚƌƵĐƚƵƌĞƐ ƐĞĐƚŽƌƐ͘ ^ƉŝŶĂ 'ƌŽƵƉ ŝƐ Ă ĨĂŵŝůLJͲŽǁŶĞĚ ďƵƐŝŶĞƐƐ ĨŽƵŶĚĞĚ ŝŶ ϭϵϵϬ ďLJ &ƌĂŶĐŽ ^ƉŝŶĂ ǁŚŽ ŝƐ ĞŶĐŽƵƌĂŐŝŶŐ ƚŚĞ ŐĞŶĞƌĂƟŽŶ ĐŚĂŶŐĞ ƚŽ ŚŝƐ ƐŽŶ DĂƌĐŽ͘ dŚĞ ĐŽŵƉĂŶLJ ǁĂƐ ďŽƌŶ ĂƐ Ă ƌĞƉƌĞƐĞŶƚĂƟǀĞ ĂŐĞŶĐLJ ŽĨ ĞůĞĐƚƌŽͲŵĞĐŚĂŶŝĐĂů ŵĂƚĞƌŝĂů͘ KǀĞƌ ƚŚĞ LJĞĂƌƐ ŝƚ ŚĂƐ ďĞĞŶ ĞdžƉĂŶĚŝŶŐ ĂƐ Ă ŶĞƚǁŽƌŬ ŽĨ ŚŝŐŚůLJ ƐƉĞĐŝĂůŝnjĞĚ ƉƌŽĚƵĐƟǀĞ ĂŶĚ ƐĞůůŝŶŐ ĐŽŵƉĂŶŝĞƐ͕ ƵŶƟů ^ƉŝŶĂ 'ƌŽƵƉ ĚĞĐŝĚĞĚ ƚŽ ŵĞƌŐĞ ƚŚĞ ƚŚƌĞĞ ƉƌŽĚƵĐƟǀĞ ƉůĂŶƚƐ ĂŶĚ ƚŚĞŝƌ ƐƉĞĐŝĮĐ ŬŶŽǁͲŚŽǁ ƵŶĚĞƌ Ă ƵŶŝƋƵĞ ĐŽŵƉĂŶLJ ŝŶ ϮϬϭϲ͘ ^ĐŚŝĂǀĞƫ dĞŬŶŽ͕ ůĞĂĚĞƌ ŝŶ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ ĐĂďůĞ ƚƌĂLJ ƐLJƐƚĞŵ͕ ƵƌŽĐĂǀŝ͕ ƐƉĞĐŝĂůŝnjĞĚ ŝŶ ƐƚĂŶĚĂƌĚ ĂŶĚ ĐƵƐƚŽŵŝnjĞĚ ĐĂďůĞƐ ĂŶĚ ƚĞdž͕ ƉƌŽĚƵĐŝŶŐ ĞdžƉůŽƐŝŽŶ ƉƌŽŽĨ ŵĂƚĞƌŝĂůƐ ĂƌĞ ŶŽǁ ƉĂƌƚ ŽĨ ĂŶ ŝŶƚĞƌŶĂƟŽŶĂů ƌĞĂůŝƚLJ ĐŽŵƉŽƐĞĚ ŽĨ ŵŽƌĞ ƚŚĂŶ ϳϬ ĞŵƉůŽLJĞĞƐ͕ ϱ ďƌĂŶĐŚĞƐ ŝŶ DĞdžŝĐŽ͕ EĞƚŚĞƌůĂŶĚƐ͕ h ͕ EŝŐĞƌŝĂ ĂŶĚ ŐLJƉƚ͕ ŽīĞƌŝŶŐ ϭϭ ƉƌŽĚƵĐƚ ĐĂƚĞŐŽƌŝĞƐ͕ ŵŽƌĞ ƚŚĂŶ ϭϮ͕ϬϬϬ ŵƋ ŽĨ ŽǁŶĞĚ ƉƌŽĚƵĐƟŽŶ ƐŝƚĞ ĂŶĚ ǁĂƌĞŚŽƵƐĞ͘ ^ŝŶĐĞ ϭϵϵϬ ƚŚĞ ĐŽŵƉĂŶLJ͛Ɛ ĐŽƌĞ ďƵƐŝŶĞƐƐ ŝƐ ĂďŽƵƚ ĞŶƐƵƌŝŶŐ ƐŽůƵƟŽŶƐ ĨŽƌ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ŽŶƐŚŽƌĞ ĂŶĚ ŽīƐŚŽƌĞ ƉůĂƞŽƌŵƐ͕ ƌĞĮŶĞƌŝĞƐ͕ ƉŝƉĞůŝŶĞ ĐŽŵƉĂŶŝĞƐ͕ ŶĂǀĂů͕ ĂĞƌŽ ĂŶĚ ƌĂŝůǁĂLJ ƐLJƐƚĞŵƐ͕ ŚLJĚƌŽĞůĞĐƚƌŝĐ ĂŶĚ ƚŚĞƌŵŽƐͲĞůĞĐƚƌŝĐ ƉŽǁĞƌ ƐƚĂƟŽŶƐ͕ ĨƌŽŵ ƚŚĞ ǀĞƌLJ ďĞŐŝŶŶŝŶŐ ŽĨ ƚŚĞ ǁŽƌŬŝŶŐ ƉƌŽĐĞƐƐ ǁŚŝĐŚ ƐƚĂƌƚƐ ǁŝƚŚ ƚŚĞ ƐƚƵĚLJ ĂŶĚ ĂŶĂůLJƐŝƐ ŽĨ ƚŚĞ ƉƌŽũĞĐƚ ďLJ ĞdžƉĞƌƚ ĞŶŐŝŶĞĞƌƐ ƵƉ ƚŽ ƚŚĞ ĮŶĂů ƚŽƵĐŚ ŽŶ ƉĂĐŬĂŐŝŶŐ ĂŶĚ ƐŚŝƉƉŝŶŐ ŽĨ ƚŚĞ ŚŝŐŚͲƉĞƌĨŽƌŵŝŶŐ ƉƌŽĚƵĐƚƐ͘ &ƵƌƚŚĞƌŵŽƌĞ͕ ^ƉŝŶĂ 'ƌŽƵƉ ŚĂƐ ďĞĞŶ ƐŝŐŶŝŶŐ ŵĂƐƚĞƌ ĂŐƌĞĞŵĞŶƚƐ ǁŝƚŚ ƚŚĞ ŵŽƐƚ ŝŵƉŽƌƚĂŶƚ /ƚĂůŝĂŶ ƵƟůŝƚLJ ĐŽŵƉĂŶŝĞƐ͘ tŝƚŚ ŽǀĞƌ Ϯϱ LJĞĂƌƐ ŽĨ ĞdžƉĞƌŝĞŶĐĞ͕ ^ƉŝŶĂ 'ƌŽƵƉ ŝƐ Ă ƌĞůŝĂďůĞ ƉĂƌƚŶĞƌ ŝŶ ƚŚĞ ƉƌŽũĞĐƚ ŵĂŶĂŐĞŵĞŶƚ ĂŶĚ ƉƌŽƉŽƐĞƐ ƚŚĞ ŵŽƐƚ ĞĸĐŝĞŶƚ ĂŶĚ ĞŶǀŝƌŽŶŵĞŶƚĂůůLJ ĐŽŶƐĐŝŽƵƐ ƚĂŝůŽƌĞĚ ƐŽůƵƟŽŶƐ ƚŽ ƐƵƉƉŽƌƚ ĞǀĞƌLJ ĐŽŵŵŝƚŵĞŶƚ ƉŚĂƐĞ͕ ďLJ ǁŽƌŬŝŶŐ ŚĂŶĚͲŝŶͲŚĂŶĚ ǁŝƚŚ ƚŚĞ ĐůŝĞŶƚ ƚŚƌŽƵŐŚ ƚƌĂŶƐƉĂƌĞŶĐLJ͕ ƚƌƵƐƚ ĂŶĚ ƌĞƐƉĞĐƚ͘ &ƌĂŶĐŽ ^ƉŝŶĂ͛Ɛ ǁŽƌĚƐ͗ ͞/͛ǀĞ ďĞĞŶ ĚƌŝǀĞŶ ďLJ ƉĂƐƐŝŽŶ ĞǀĞƌLJ ĚĂLJ ƐŝŶĐĞ ǁŚĞŶ / ĞƐƚĂďůŝƐŚĞĚ ŵLJ ĐŽŵƉĂŶLJ͘ dŽĚĂLJ / Ăŵ ƐƵƌĞ ƚŚĂƚ ƉĂƐƐŝŽŶ ŝƐ ƚŚĞ ĞƐƐĞŶƟĂů ĞůĞŵĞŶƚ ƚŚĂƚ ŐŝǀĞƐ ůŝĨĞ ƚŽ ĞǀĞƌLJ ŶĞǁ ŝĚĞĂ ĂŶĚ ƚŚĂƚ ĐŽŵƉůĞƚĞƐ Ăůů ƉƌŽũĞĐƚƐ͘ KƵƌ ŐŽĂů ŝƐ ƚŽ ŵĂŬĞ ǁŚĂƚ ǁĞ ĚŽ ĞdžĐŝƟŶŐ͕ ƉƵƫŶŐ ĞŶĞƌŐLJ ŝŶƚŽ ĞǀĞƌLJƚŚŝŶŐ͘ ^Ž ǁĞ ŽƉĞƌĂƚĞ ƐŝŶĐĞ ϭϵϵϬ͊͟

OIL AND GAS, PETROCHEMICAL, AUTOMATION

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74

RODITOR & PHILADELPHIA

Roditor & Philadelphia, one of the most important manufactures of products in the world ,ŝƐƚŽƌLJ ZŽĚŝƚŽƌ Θ WŚŝůĂĚĞůƉŚŝĂ ŝƐ ƚŽĚĂLJ ŽŶĞ ŽĨ ƚŚĞ ŵŽƐƚ ŝŵƉŽƌƚĂŶƚ ŵĂŶƵĨĂĐƚƵƌĞƐ ŽĨ ƉƌŽĚƵĐƚƐ ĨŽƌ ƌŽďŽƟĐ ĂŶĚ ŵĂŶƵĂů ƉŽůŝƐŚŝŶŐ ĂŶĚ ŵĞƚĂů ƐƵƌĨĂĐĞ ƚƌĞĂƚŵĞŶƚ ŝŶ ƚŚĞ ǁŽƌůĚ͘ dŚĞ ŚŝƐƚŽƌŝĐ ĐŽŵƉĂŶLJ͕ ŽŶĨĞnjŝŽŶŝ ŝƐĐŚŝ ZŽĚŝƚŽƌ͕ ǁĂƐ ďŽƌŶ ŝŶ ϭϵϱϴ ŝŶ sĞƌŽůĂŶƵŽǀĂ ǁŝƚŚ ƚŚĞ ŽďũĞĐƟǀĞ ŽĨ ƐƵƉƉůLJŝŶŐ ƚŚĞ ůŽĐĂů ĐƵƐƚŽŵĞƌƐ ŝŶ ƚŚĞ ŵĞƚĂů ƉŽůŝƐŚŝŶŐ͘ ƵƌŝŶŐ ƚŚĞ LJĞĂƌƐ ZŽĚŝƚŽƌ Θ WŚŝůĂĚĞůƉŚŝĂ ŐĂŝŶĞĚ ŐƌĞĂƚĞƌ ƐƚĂƚƵƌĞ ĂŶĚ ƉŽƉƵůĂƌŝƚLJ ŽŶ ƚŚĞ ŶĂƟŽŶĂů ŵĂƌŬĞƚ͕ ĂŶĚ ƚŚĞ ƉƌŽĚƵĐƚƐ ďĞŐĂŶ ƚŽ ďĞ ƵƐĞĚ ďLJ Ă ŐƌŽǁŝŶŐ ŶƵŵďĞƌ ŽĨ ĐŽŵƉĂŶŝĞƐ͘ ƚ ƚŚĞ ďĞŐŝŶŶŝŶŐ ŽĨ ƚŚĞ ϳϬ͛Ɛ͕ ƚŽ ƐĂƟƐĨLJ ƚŚĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ ƚŚĞ ĐƵƐƚŽŵĞƌƐ͕ ZŽĚŝƚŽƌ Θ WŚŝůĂĚĞůƉŚŝĂ ĚĞĐŝĚĞƐ ƚŽ ĐŽŵƉůĞƚĞ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ƌĂŶŐĞ ŽĨ ďƵīƐ ŝŶƚƌŽĚƵĐŝŶŐ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ ƚŚĞ ĂďƌĂƐŝǀĞ ĐŽŵƉŽƵŶĚƐ͕ ǁŝƚŚ ƚŚĞ ĂƐƐŝƐƚĂŶĐĞ ŽĨ ĂŶ ĞdžƉĞƌƚ ŵĂŶƵĨĂĐƚƵƌĞ ǁŚŽ ǁĂƐ ŽƉĞƌĂƟŶŐ ŝŶƚŽ ƚŚĞ ůŽĐĂů ŵĂƌŬĞƚ͘ /Ŷ ϭϵϳϮ͕ ƚŚĞ ƉĂƌƚŶĞƌƐŚŝƉ ďĞƚǁĞĞŶ Dƌ͘ 'ŝŽǀĂŶŶŝ WƵŐŶĞƫ ĂŶĚ ŽŶĨĞnjŝŽŶŝ ŝƐĐŚŝ ZŽĚŝƚŽƌ͕ ĨŽƌŵƐ ƚŚĞ ĐŽŵƉĂŶLJ WŚŝůĂĚĞůƉŚŝĂ ŚĞŵŝĐĂů͕ ƚŚĞ ŶĂŵĞ ƚŽŽŬ ŝƚƐ ďĂƐŝƐ ĨƌŽŵ ƚŚĞ ƐƚƌĞĞƚ ƚŚĞ ĐŽŵƉĂŶLJ ǁĂƐ ƐĞƚ ƵƉ͘ /Ŷ ϭϵϴϬ ƚŚĞ ŵĞƌŐĞƌ ďĞƚǁĞĞŶ ŽŶĨĞnjŝŽŶŝ ŝƐĐŚŝ ZŽĚŝƚŽƌ ĂŶĚ WŚŝůĂĚĞůƉŚŝĂ ŚĞŵŝĐĂů ĐƌĞĂƚĞĚ ZŽĚŝƚŽƌ Θ WŚŝůĂĚĞůƉŚŝĂ ďŝƌƚŚ͘ /Ŷ ϭϵϵϭ ZŽĚŝƚŽƌ Θ WŚŝůĂĚĞůƉŚŝĂ ƉƵƚ ƚŽŐĞƚŚĞƌ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ĚĞƉĂƌƚŵĞŶƚ ŽĨ ďƵīƐ ĂŶĚ ĂďƌĂƐŝǀĞ ĐŽŵƉŽƵŶĚƐ ĂŶĚ ŝŶ ϭϵϵϵ ĐŽŵďŝŶĞ ƚŚĞ ƉƌŽĚƵĐƟŽŶ͕ ƚŚĞ ŵĂŶĂŐĞŵĞŶƚ ĂŶĚ ƚŚĞ ƐĂůĞƐ ŽĸĐĞƐ ŝŶƚŽ

ƚŚĞ ƐĂŵĞ ĨĂĐŝůŝƚLJ ůŽĐĂƚĞĚ ŝŶ ƚŚĞ ƉƌĞƐĞŶƚ ŚĞĂĚƋƵĂƌƚĞƌ ŝŶ sŝĂ ^ĂŶ ŽŶŶŝŶŽ ϭϯ sĞƌŽůĂŶƵŽǀĂ ; ^Ϳ͘ /Ŷ ϮϬϬϮ ƚŚĞ ĐŽŵƉĂŶLJ ŽďƚĂŝŶƐ ƚŚĞ ĞƌƟĮĐĂƟŽŶ hE/ E /^K ϵϬϬϭ ĨŽƌ ŝƚƐ YƵĂůŝƚLJ DĂŶĂŐĞŵĞŶƚ ĂŶĚ ŝŶ ϮϬϭϲ ƚŚĞ ĐĞƌƟĮĐĂƟŽŶ K,^ ^ ϭϴϬϬϭ ĨŽƌ ŝƚƐ KĐĐƵƉĂƟŽŶĂů ,ĞĂůƚŚ ĂŶĚ ^ĂĨĞƚLJ DĂŶĂŐĞŵĞŶƚ ^LJƐƚĞŵ͘ dŽĚĂLJ ZŽĚŝƚŽƌ Θ WŚŝůĂĚĞůƉŚŝĂ ƐŽůƵƟŽŶƐ ĨŽƌ ƚŚĞ ƐƵƌĨĂĐĞ ƚƌĞĂƚŵĞŶƚ ĂŶĚ ŵĞƚĂů ĮŶŝƐŚŝŶŐ ĂƌĞ ƵƐĞĚ Ăůů ŽǀĞƌ ƚŚĞ ǁŽƌůĚ͘

^ƚĞĞů tŝƌĞ ƌƵƐŚĞƐ

ƌƵƐŚĞƐ ĂŶĚ LJůŝŶĚĞƌƐ

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

WŚŝůŽƐŽĨLJ ĂŶĚ ƋƵĂůŝƚLJ dŚĞ ĐŽŶƟŶƵŽƵƐ ĂŶĚ ƐƚĞĂĚLJ ƌĞƐĞĂƌĐŚ͕ ƚŚĞ ƚĞĐŚŶŝĐĂů ŝŵƉƌŽǀĞŵĞŶƚƐ ŽĨ ŽƵƌ ĞƋƵŝƉŵĞŶƚƐ͕ ƚŚĞ ƵƐĞ ŽĨ ŚŝŐŚ ƋƵĂůŝƚLJ ƌĂǁ ŵĂƚĞƌŝĂůƐ ĂƌĞ ƚŚĞ ďĂƐŝĐ ƉƌŝŶĐŝƉůĞƐ ŽĨ ƚŚĞ ĐŽŵƉĂŶLJ ƉŚŝůŽƐŽƉŚLJ͘ dŚĂŶŬƐ ƚŽ ƚŚŝƐ ǁĂLJ ǁĞ ŚĞůƉ ŽƵƌ ĐƵƐƚŽŵĞƌƐ ƚŽ ƌĞĂĐŚ ŽƉĞƌĂƟŽŶĂů ĂĚǀĂŶƚĂŐĞƐ͕ ƐƵĐŚ ĂƐ ƚŚĞ ƵƉŐƌĂĚŝŶŐ ĮŶŝƐŚŝŶŐ͕ ƚŚĞ ƉƌŽŐƌĞƐƐ ŽĨ ŽƵƚƉƵƚ ƌĞƐƵůƚƐ͕ ƚŚĞ ĐŽƐƚ ŽƉƟŵŝnjĂƟŽŶ͕ ƚŚĞ ǁŽƌŬŝŶŐ ĐLJĐůĞƐ ƐŝŵƉůŝĮĐĂƟŽŶ͘ dŚĞ ŝŶĐƌĞĂƐĞ ŽĨ ƌĞƐĞĂƌĐŚ ĂŶĚ ĚĞǀĞůŽƉŵĞŶƚ ĂĐƟǀŝƟĞƐ͖ ƚŚĞ ƌĂŝƐĞ ŽĨ ƚŚĞ ƐƚĂŶĚĂƌĚ ƉƌŽĚƵĐƟŽŶ ĂŶĚ ƚŚĞ ůĞǀĞů ŽĨ ĐƵƐƚŽŵĞƌ͛Ɛ ƐĂƟƐĨĂĐƟŽŶ͖ ƚŚĞ ŝŶǀĞƐƚŵĞŶƚ ŝŶ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ĂŶĚ ƐƚŽƌŝŶŐ ĂƌĞĂƐ͖ ƚŚĞ ŝŶǀĞƐƚŵĞŶƚ ŝŶ ŶĞǁ ĂŶĚ ƵƉͲƚŽͲĚĂƚĞ ŵĂĐŚŝŶĞƌŝĞƐ ĂƌĞ ƚŚĞ ŵĂŝŶ ĐŽŶĐĞƉƚƐ ŽĨ ƚŚĞ ƋƵĂůŝƚLJ ƉŽůŝĐLJ ŽĨ ŽƵƌ ĐŽŵƉĂŶLJ͕ ǁŚŝĐŚ ŝƐ ŽƌŝĞŶƚĞĚ ƚŽ ƚŚĞ ƐƵĐĐĞƐƐ ŽĨ ŽƵƌ ƵƐƚŽŵĞƌƐ͘

Metal Cleaning and Industrial Polishing

ventilated buffs Our production range includes liquid and solid abrasive compounds IRU SROLVKLQJ Ã&#x20AC;QLVKLQJ DQG PLUURU Ã&#x20AC;QLVKLQJ RSHUDWLRQV RI PHWDOV

a wide range of production checkout our website www.roditor-rph.it Roditor & Philadelphia s.r.l.

Via San Donnino, 13 I-25028 Verolanuova (BS) ITALY Tel. +39.030.931211 Fax +39.030.931768 E-mail: info@roditor-rph.it

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An ITALIAN leader in the industry of national and international market with a wide range of products

ƐƚĂďůŝƐŚĞĚ ŝŶ ϭϵϱϵ͕ EKZd,KE dƌĂƐŵŝƐƐŝŽŶŝ Ɛƌů ĂůƐŽ ŬŶŽǁŶ ĂƐ dZ E^ͲDKdK ^ƌů ŝƐ ĐƵƌƌĞŶƚůLJ ĂŶ /d >/ E ůĞĂĚĞƌ ŝŶ ƚŚĞ ŝŶĚƵƐƚƌLJ ĂŶĚ ŝƐ ƉƌĞƐĞŶƚ ŽŶ ƚŚĞ ŶĂƟŽŶĂů ĂŶĚ ŝŶƚĞƌŶĂƟŽŶĂů ŵĂƌŬĞƚ ǁŝƚŚ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ;ĂůƐŽ d y ĐĞƌƟĮĞĚͿ ŝĚĞŶƟĮĞĚ ďLJ ƚŚĞ EKZd,KE ƚƌĂĚĞŵĂƌŬ͗ ĞůĂƐƟĐ ĐŽƵƉůŝŶŐƐ͕ ŐĞĂƌ ĐŽƵƉůŝŶŐƐ͕ ĚŝƐĐ ĐŽƵƉůŝŶŐƐ ĂŶĚ ŐĞĂƌ ƐƉŝŶĚůĞ͘ /Ŷ ĂĚĚŝƟŽŶ ƚŽ ƐƚĂŶĚĂƌĚ ǀĞƌƐŝŽŶƐ͕ ƚŚĞƐĞ ĂƌĞ ĂůƐŽ ƉƌŽĚƵĐĞĚ ŝŶ ƐƉĞĐŝĂů ǀĞƌƐŝŽŶƐ ƚŽ ŵĞĞƚ ƚŚĞ ĐƵƐƚŽŵĞƌ͛Ɛ ŶĞĞĚƐ͘ dŚĞ ƐƵƉƉůLJ ĐŽŵƉƌŝƐĞƐ ĐŽƵƉůŝŶŐƐ ŝŶ Ă ƚŽƌƋƵĞ ƌĂŶŐĞ ďĞƚǁĞĞŶ ϭϬ ĂŶĚ ϭϱ͕ϳϬϬ͕ϬϬϬ Eŵ͘ KƵƌ ĐŽƵƉůŝŶŐƐ ĂƌĞ ƵƐĞĚ ŝŶ ƚŚĞ ĂůŵŽƐƚ Ăůů ŝŶĚƵƐƚƌŝĂů ďƌĂŶĐŚĞƐ͗ ŝƌŽŶ ĂŶĚ ƐƚĞĞů͕ ĞŶĞƌŐLJ͕ ĞĐŽůŽŐŝĐĂů͕ ŵŝŶŝŶŐ͕ ƉĂĐŬĂŐŝŶŐ͕ ĨŽŽĚ͕ ŽīƐŚŽƌĞ͕ ƉĞƚƌŽĐŚĞŵŝĐĂů͕ ĂǀŝĂƟŽŶ͕ Ăŝƌ ĐŽŵƉƌĞƐƐŽƌƐ͕ ƌƵďďĞƌ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ĂŶĚ Ăůů ŝŶĚƵƐƚƌŝĂů ƐLJƐƚĞŵƐ ŝŶ ŐĞŶĞƌĂů͘ KƵƌ ŚŝƐƚŽƌLJ ŝŶĐůƵĚĞƐ ŵƵůƟƉůĞ ĐŽůůĂďŽƌĂƟŽŶƐ ǁŝƚŚ ƐĞǀĞƌĂů ǁŽƌůĚ ůĞĂĚĞƌƐ ŝŶ ƐƚĞĞů ƌŽůůŝŶŐ͕ ŝŶ ĂůƵŵŝŶŝƵŵ ĞdžƚƌƵƐŝŽŶ͕ ŝŶ ƌƵďďĞƌ ƉƌŽĐĞƐƐŝŶŐ ĂŶĚ ŝŶ ƚŚĞ ŵĂŶƵĨĂĐƚƵƌĞ ŽĨ ŐĞĂƌďŽdžĞƐ͘ ůů ĐŽŵƉŽŶĞŶƚƐ ĂƌĞ ĚĞƐŝŐŶĞĚ ĂŶĚ ƉƌŽĚƵĐĞĚ ŝŶ ŽƵƌ ƉůĂŶƚƐ͘ dŚĞ ƉƌŽĚƵĐƟŽŶ ŝƐ ĐŽŶƐƚĂŶƚůLJ ĐŚĞĐŬĞĚ ĐŽŵƉůLJŝŶŐ ǁŝƚŚ ƚŚĞ ĚŝƌĞĐƟǀĞƐ ŽĨ ƚŚĞ /^K ϵϬϬϭ͗ϮϬϭϱ ĐĞƌƟĮĐĂƟŽŶ͕ ĞŶƐƵƌŝŶŐ ƚŚĞ ƋƵĂůŝƚLJ ŽĨ ƚŚĞ ĐŽƵƉůŝŶŐ͘ dŚĞ ƌĂǁ ŵĂƚĞƌŝĂůƐ ƵƐĞĚ ĂƌĞ Ăůů ĐĞƌƟĮĞĚ ƋƵĂůŝƚLJ͘ dŚĞ ĐŽƵƉůŝŶŐƐ ĂƌĞ ƉƌŽĚƵĐĞĚ ŝŶ ŽƵƌ sŝůůĂ ĂƌĐŝŶĂ ƉůĂŶƚ ŶĞĂƌ ƌĞƐĐŝĂ͕ ǁŚĞƌĞ ǁĞ ŚĂǀĞ Ă ůĂƌŐĞ ĂŶĚ ŵŽĚĞƌŶ ŇĞĞƚ ŽĨ E ŵĂĐŚŝŶĞƌLJ ĨŽƌ ǁŽƌŬŝŶŐ Ăůů ĐŽŵƉŽŶĞŶƚƐ͕ ƚŚƵƐ ĞŶƐƵƌŝŶŐ ƚŚĞ ƉƌĞĐŝƐŝŽŶ ŽĨ ĞdžĞĐƵƟŽŶ ŽǀĞƌ ƟŵĞ͘ ͘ ŝŶĨŽΛŶŽƌƚŚŽŶͲƚƌĂƐŵŝƐƐŝŽŶŝ͘ŝƚ

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Versalis, a new technological partner in town sĞƌƐĂůŝƐ ĞΠ͕ d, s Z^ >/^ ^W / >dz K/>&/ > , D/ >^ WKZd&K>/K Versalis ŽīĞƌƐ Ă ĐŽŵƉƌĞŚĞŶƐŝǀĞ ƐƉĞĐŝĂůƚLJ ŽŝůĮĞůĚ ĐŚĞŵŝĐĂůƐ ƉŽƌƞŽůŝŽ ĂŶĚ ƌĞůĂƚĞĚ ƐƉĞĐŝĂůŝnjĞĚ ĞdžƉĞƌƟƐĞ͕ ĞŶĂďůŝŶŐ ƚŚĞ ĚĞƐŝŐŶ͕ ŵĂŶĂŐĞŵĞŶƚ ĂŶĚ ŽƉƟŵŝnjĂƟŽŶ ŽĨ ĐŚĞŵŝĐĂů ƚƌĞĂƚŵĞŶƚƐ ĨŽƌ ƚŚĞ Žŝů ĂŶĚ ŐĂƐ ŝŶĚƵƐƚƌLJ Ăƚ Ă ŐůŽďĂů ůĞǀĞů͘ WƌŽĚƵĐƟŽŶ ĂŶĚ ƐƟŵƵůĂƟŽŶ ĐŚĞŵŝĐĂůƐ ĂŶĚ ƉĞƌĨŽƌŵĂŶĐĞ ĚƌŝůůŝŶŐ ĐŚĞŵŝĐĂůƐ ĐĂŶ ďĞ ƉƌŽǀŝĚĞĚ ŽǀĞƌ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ĐŽŵŵŽĚŝƚLJ ĐŚĞŵŝĐĂůƐ͘

sĞƌƐĂůŝƐ ; ŶŝͿ ŝƐ ƚŚĞ ůĂƌŐĞƐƚ /ƚĂůŝĂŶ ĐŚĞŵŝĐĂů ĐŽŵƉĂŶLJ͘ dŚĞ ĐŽŵƉĂŶLJ ŵĂŶƵĨĂĐƚƵƌĞƐ ĂŶĚ ŵĂƌŬĞƚƐ ĂŶ ĞdžƚĞŶƐŝǀĞ ƉŽƌƞŽůŝŽ ŽĨ ƉĞƚƌŽĐŚĞŵŝĐĂů ƉƌŽĚƵĐƚƐ ĂŶĚ ŝƐ Ă ůĞĂĚŝŶŐ ƉƌŽĚƵĐĞƌ ŽĨ ŝŶƚĞƌŵĞĚŝĂƚĞƐ͕ ƉŽůLJĞƚŚLJůĞŶĞ͕ ƐƚLJƌĞŶŝĐƐ͕ ĞůĂƐƚŽŵĞƌƐ ĂŶĚ ďŝŽͲďĂƐĞĚ ĐŚĞŵŝĐĂůƐ ĂŶĚ ƉŽůLJŵĞƌƐ͘ ŽƌĞ ĞůĞŵĞŶƚ ŝŶ ƚŚĞ ĐŽŵƉĂŶLJ ƐƚƌĂƚĞŐLJ ŝƐ ƚŚĞ ĞdžƉĂŶƐŝŽŶ ŽĨ ƚŚĞ ƉƌŽĚƵĐƚ ƉŽƌƞŽůŝŽ ǁŝƚŚ ĂĚĚĞĚͲ ǀĂůƵĞ ĂŶĚ ƉƌĞŵŝƵŵ ƉƌŽĚƵĐƚƐ͘ ĚĚŝƟŽŶĂůůLJ͕ ƚŚĞ ĐŽŵƉĂŶLJ ĂŝŵƐ ƚŽ ĂĐŚŝĞǀĞ Ă ůĞĂĚĞƌƐŚŝƉ ƉŽƐŝƟŽŶ ŝŶ ĨĂƐƚͲ ŐƌŽǁŝŶŐ ŵĂƌŬĞƚƐ ďLJ ůĞǀĞƌĂŐŝŶŐ ŝƚƐ ƚĞĐŚŶŽůŽŐŝĐĂů ĂŶĚ ŝŶĚƵƐƚƌŝĂů ĞdžƉĞƌƟƐĞ ŽŶ Ă ŐůŽďĂů ƐĐĂůĞ͗ Versalis ŝƐ ĐƵƌƌĞŶƚůLJ ƉƌĞƐĞŶƚ ŝŶ ƵƌŽƉĞ͕ ƐŝĂ͕ ĨƌŝĐĂ ĂŶĚ ƚŚĞ ŵĞƌŝĐĂƐ͘

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WZK h d/KE , D/ >^ '>K > ^ Zs/ ƌƵĚĞ Žŝů ĂŶĚ ŶĂƚƵƌĂů ŐĂƐ ƉƌŽĚƵĐƟŽŶ ŝƐ ĐŚĂƌĂĐƚĞƌŝnjĞĚ ďLJ ǀĂƌŝĂďůĞ ƉƌŽĚƵĐƟŽŶ ƌĂƚĞƐ ĂŶĚ ƵŶƉƌĞĚŝĐƚĂďůĞ ĐŚĂŶŐĞƐ ŝŶ ƚŚĞ ƋƵĂůŝƚLJ ŽĨ ƚŚĞ ŇƵŝĚƐ ĞdžƚƌĂĐƚĞĚ͘ /ƚ ŝƐ ŝŵƉĞƌĂƟǀĞ ƚŽ ďĂůĂŶĐĞ ƵŶƉƌĞĚŝĐƚĂďŝůŝƚLJ ĂŶĚ ƉƌŽǀŝĚĞ ĞdžĐĞůůĞŶƚ ƉĞƌĨŽƌŵĂŶĐĞ͕ ǁŝƚŚ ĂŶ ĞLJĞ ƚŽ ŽƉƟŵŝnjĂƟŽŶ ĂŶĚ ƐƵƐƚĂŝŶĂďŝůŝƚLJ͘ Versalis ĐĂŶ ƉƌŽǀŝĚĞ ƐƉĞĐŝĮĐ ŬŶŽǁͲŚŽǁ ǁŝƚŚŝŶ ƚŚĞ ƐĐŽƉĞ ŽĨ ĚĞǀĞůŽƉŵĞŶƚ͕ ƋƵĂůŝƚLJ ĂŶĚ ,^ ͘ dŚĞ ^ƉĞĐŝĂůƚLJ KŝůĮĞůĚ ŚĞŵŝĐĂůƐ dĞĂŵ ŝƐ ŽƌŐĂŶŝnjĞĚ ƚŽ ƉƌŽǀŝĚĞ Ă ǀĂůƵĂďůĞ ŐůŽďĂů ƐĞƌǀŝĐĞ ĂŶĚ ĐŽŵŵŝƩĞĚ ƚŽ ĞdžĐĞĞĚŝŶŐ ĐƵƐƚŽŵĞƌƐ͛ ĞdžƉĞĐƚĂƟŽŶƐ ŝŶ ƚĞƌŵƐ ŽĨ ĞŶǀŝƌŽŶŵĞŶƚĂů ƉƌŽƚĞĐƟŽŶ͕ ƌĞůŝĂďůĞ ŇŽǁ ĂƐƐƵƌĂŶĐĞ͕ ĞĸĐŝĞŶƚ Žŝůͬ ǁĂƚĞƌ ƐĞƉĂƌĂƟŽŶ͕ ĂŶĚ ůŽŶŐͲƚĞƌŵ ĂƐƐĞƚ ŝŶƚĞŐƌŝƚLJ͘ Versalis ĞΠ ƉŽƌƞŽůŝŽ ŝƐ ĚĞƐŝŐŶĞĚ ƚŽ ŚĞůƉ ĚŝƐĐŽǀĞƌ ĂŶĚ ĨŽƐƚĞƌ ŶĞǁ ƐŽůƵƟŽŶƐ ĨŽƌ ĐŚĂůůĞŶŐĞƐ ĞŶĐŽƵŶƚĞƌĞĚ ŝŶ ƚŚĞ ŽŝůĮĞůĚ ŝŶĚƵƐƚƌLJ͕ ǁŝƚŚ Ă ƉƌŽǀĞŶ ƚƌĂĐŬ ƌĞĐŽƌĚ ĨŽƌ ŝŶŶŽǀĂƟŽŶ͕ ƐƵƐƚĂŝŶĂďůĞ ƐŽůƵƟŽŶƐ ĂŶĚ ĐŽŶƐŝƐƚĞŶƚ ƉƌŽĚƵĐƚ ƋƵĂůŝƚLJ͘ ŝŶĨŽ͘ŽŝůĮĞůĚΛǀĞƌƐĂůŝƐ͘ĞŶŝ͘ĐŽŵ ǁǁǁ͘ǀĞƌƐĂůŝƐ͘ĞŶŝ͘ĐŽŵ

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Oil and Gas Climate Initiative sets first FROOHFWLYH PHWKDQH WDUJHW IRU PHPEHU co m p a n i e s

New York City, September 24, 2018 – The Oil and Gas Climate Initiative (OGCI) today announced a target to reduce by 2025 the collective average methane intensity of its aggregated upstream gas and oil operations by one fifth to below 0.25%, with the ambition to achieve 0.20%, corresponding to a reduction by one third.

The methane intensity refers to the methane that gets lost in the atmosphere when producing oil and gas, as a percentage of the gas sold. This effort represents a significant milestone in tackling a key issue in the fight against climate change and underlines OGCI’s stance in working together to support the goals of the Paris Agreement.

Achieving the agreed intensity target of 0.25% by the end of 2025 would reduce collective emissions by 350,000 tonnes of methane annually, compared to the baseline of 0.32% in 2017.1 OGCI will seek to go beyond this target, to achieve as much as one-third reduction in the same timeframe.

“Our aim is to work towards near zero methane emissions from the full gas value chain in support of achieving the goals of the Paris Agreement. We have worked to make our ambition concrete, ac-tionable and measurable, helping to ensure that natural gas can realize its full potential in a low-emissions future,” the heads of the OGCI member companies said.

To reduce the OGCI’s collective methane emissions intensity, member companies will target key emissions sources.

OGCI members are also engaging with other companies in the industry to help ensure that methane emissions are addressed across the full gas value chain.

This methane target comes as OGCI welcomes Chevron Corporation, Exxon Mobil Corporation, and Occidental Petroleum, three US majors that together represent 5% of global oil and gas production, to the initiative.

The new OGCI members support the collective methane reduction target and are aligned with OGCI collective goals, including recognition and support of the Paris Agreement, collective reporting, and a commitment to the aims of Zero Routine Flaring by 2030. They reinforce the capacity of OGCI’s work programs and share OGCI’s focus on developing a collective roadmap on carbon capture, use and storage. In addition, each will commit $100 million to the OGCI Climate Investments fund.

Through its $1 billion investment fund OGCI Climate Investments, OGCI aims to increase the ambition, speed and scale of initiatives to reduce greenhouse gases. Today, OGCI Climate Investments announced its 2018 investments, focused on recycling and storing CO2 and on reducing methane emissions. Deployment of these technical solutions will support OGCI’s mandate.

In order to expand its global impact, OGCI Climate Investments today jointly announced with CNPC (the Chinese National Petroleum Corporation) that they are partnering to create OGCI Climate Investments China, an investment fund focused on China.

1: OGCI baseline in 2017 is 0.32% for the existing 10 member companies and accounts for total upstream methane emissions from all operated gas and oil assets. Emissions intensity is calculated as a share of marketed gas. The reduction is calculated on the basis of the volume of natural gas that reached the market in 2017. It should be noted that the 0.32% baseline and the collective annual reduction of 350,000 tonnes of methane emissions to reach the collective methane intensity target do not reflect the contribution of the three new US member companies (Chevron Corporation, Exxon Mobil Corporation, and Occidental Petroleum), that officially joined OGCI today.

The detailed methodology and assumptions are publicly available on the OGCI website.

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Carrara Spa *OREDO 6HDOLQJ 6ROXWLRQV

^ŝŶĐĞ ϭϵϲϭ͕ ĂƌƌĂƌĂ ^ĞĂůŝŶŐ ^ŽůƵƟŽŶƐ ŝƐ ŽŶĞ ŽĨ ƚŚĞ ůĂƌŐĞƐƚ ƵƌŽƉĞĂŶ ŵĂŶƵĨĂĐƚƵƌĞƌ ŽĨ ƐĞĂůŝŶŐ ĐŽŵƉŽŶĞŶƚƐ ĨŽƌ ǀĂůǀĞƐ͕ ƉƵŵƉƐ ĂŶĚ ŇĂŶŐĞƐ͘ ĂƌƌĂƌĂ ŝƐ Ă ĐŽŵƉĞƚĞŶƚ͕ ŇĞdžŝďůĞ ĂŶĚ ŝŶŶŽǀĂƟǀĞ ƌĞƐŽƵƌĐĞ ƚŚĂƚ ŝƐ ĂůǁĂLJƐ ĨŽĐƵƐƐĞĚ ŽŶ ĐƵƐƚŽŵĞƌƐ ƚŽ ƉƌŽǀŝĚĞ ƐŽůƵƟŽŶƐ ƚŽ ŝŵƉƌŽǀĞ ƚŚĞ ƌĞůŝĂďŝůŝƚLJ͕ ĞĸĐŝĞŶĐLJ ĂŶĚ ĐŽŶĨŽƌŵŝƚLJ ŽĨ ƚŚĞŝƌ ƉƌŽĐĞƐƐĞƐ͘ >ŽǁͲ ŵŝƐƐŝŽŶ KƌŝĞŶƚĞĚ ĂƌƌĂƌĂ ŚĂƐ ǁŽƌŬĞĚ ŝŶ ƚŚĞ ůŽǁͲĞŵŝƐƐŝŽŶ ĐŽŵƉŽŶĞŶƚ ƐĞĐƚŽƌ ĨŽƌ ĚĞĐĂĚĞƐ͕ ĂŶĚ ƚŽĚĂLJ ŽīĞƌƐ Ă ƉƌŽĚƵĐƚ ƌĂŶŐĞ ƚŚĂƚ ŝŶĐůƵĚĞƐ ůŽǁͲĞŵŝƐƐŝŽŶ ƉƌŽĚƵĐƚƐ ĨŽƌ ǀĂůǀĞ ƐƚĞŵƐ͕ ďŽŶŶĞƚƐ ĂŶĚ ƐĞĂƚƐ ĂƐ ǁĞůů ĂƐ > Z ĞŶǀŝƌŽŶŵĞŶƚĂů ƐĞƌǀŝĐĞƐ͘ • WĂĐŬŝŶŐƐ ĂŶĚ 'ĂƐŬĞƚƐ • Valve Components • ŶǀŝƌŽŶŵĞŶƚĂů ^ĞƌǀŝĐĞƐ Ͳ W/ϲϮϮ͘/^Kϭϱϴϰϴ͘ d >h&d s /ϮϰϰϬ ůŽǁͲĞŵŝƐƐŝŽŶ ĂƉƉƌŽǀĞĚ ŐƌĂƉŚŝƚĞ ƉĂĐŬŝŶŐƐ ĨŽƌ ǀĂůǀĞƐ͕ ŇĂƚ ŐƌĂƉŚŝƚĞ ŐĂƐŬĞƚƐ ĂŶĚ ƐƉŝƌĂů ǁŽƵŶĚ ŐĂƐŬĞƚƐ

Ͳ D ĂƉƉƌŽǀĞĚ ĨŽƌ KdžLJŐĞŶ ƐĞƌǀŝĐĞƐ ŐƌĂƉŚŝƚĞ ƉĂĐŬŝŶŐ͕ ŇĂƚ ŐƌĂƉŚŝƚĞ͕ ƐƉŝƌĂů ǁŽƵŶĚ͕ ďƌĂŝĚĞĚ Wd& ƉĂĐŬŝŶŐ ĂŶĚ ĐŚĞǀƌŽŶ Wd& ƉĂĐŬŝŶŐ ͲƉƌĞƐƐƵƌĞ ƐĞĂů ŐƌĂƉŚŝƚĞ ŐĂƐŬĞƚƐ ĂŶĚ ŚŝŐŚͲƉƌĞƐƐƵƌĞ ŐƌĂƉŚŝƚĞ ƐƚĞŵ ƉĂĐŬŝŶŐ ͲŇĂŶŐĞ ŐĂƐŬĞƚƐ ƌŝŶŐ ũŽŝŶƚ͕ ĐĂŵƉƌŽĮůĞ ĂŶĚ ƐƉŝƌĂů ǁŽƵŶĚ ŐĂƐŬĞƚƐ ͲŚĞĂƚ ĞdžĐŚĂŶŐĞƌ ŐĂƐŬĞƚƐ ĚŽƵďůĞ ũĂĐŬĞƚĞĚ ŐĂƐŬĞƚƐ

ͲĮƌĞͲƐĂĨĞ ĂŶĚ ŐƌĂƉŚŝƚĞ ŐĂƐŬĞƚƐ ĨŽƌ ďĂůů ǀĂůǀĞ ƐĞĂƚƐ

82

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ͲǀĂůǀĞ ƐĞĂƚƐ ƐĞĂƚƐ ĨŽƌ ƐŽŌ ŝŶƐĞƌƚĞĚ ĂŶĚ ŵĞƚĂů ƚŽ ŵĞƚĂů ďĂůů ǀĂůǀĞƐ͕ ƐĞĂƚƐ ĨŽƌ ƚŚƌŽƵŐŚ ĐŽŶĚƵŝƚ ŐĂƚĞ ǀĂůǀĞƐ͕ ƐƉĞĐŝĂů ǀĂůǀĞ ĐŽŵƉŽŶĞŶƚƐ ͲŝŶƐƵůĂƟŽŶ Ŭŝƚ ĨŽƌ ŇĂŶŐĞƐ 'Z ƐƚĞĞů ĐŽƌĞ ŝŶƐĞƌƚĞĚ ŝŶƐƵůĂƟŽŶ ŬŝƚƐ͕ ĨƵůůLJ ĞƋƵŝƉƉĞĚ ǁŝƚŚ ƐůĞĞǀĞƐ ĂŶĚ ǁĂƐŚĞƌƐ ĨŽƌ ŚŝŐŚͲƉƌĞƐƐƵƌĞ ĂƉƉůŝĐĂƟŽŶƐ Ͳ> Z ĂŶĚ ^D Zd > Z ŝŶƐƉĞĐƟŽŶ ƉƌŽƚŽĐŽůƐ ĨŽƌ ƚŚĞ ĚĞƚĞĐƟŽŶ ŽĨ ĨƵŐŝƟǀĞ ĞŵŝƐƐŝŽŶƐ ŽĨ ǀŽůĂƟůĞ ĐŽŵƉŽƵŶĚƐ ;sK Ϳ ĂĐĐŽƌĚŝŶŐ ƚŽ W DĞƚŚŽĚ Ϯϭ ĂŶĚ /Z K'/ ĂŵĞƌĂ ;KƉƟĐĂů 'ĂƐ /ŵĂŐŝŶŐͿ ƚĞĐŚŶŝƋƵĞƐ͘

12-15 November

ĂƌƌĂƌĂ ^ƉĂ ͮ 'ůŽďĂů ^ĞĂůŝŶŐ ^ŽůƵƟŽŶƐ sŝĂ WƌŽǀŝŶĐŝĂůĞ ϭ ͮ ϮϱϬϯϬ ĚƌŽ ͮ /ƚĂůLJ WŚŽŶĞ нϯϵϬϯϬϳϰϱϭϭϮϭ ͮ &Ădž нϯϵϬϯϬϳϰϱϭϭϯϬ ŵĂŝů͗ ŝŶĨŽΛĐĂƌƌĂƌĂ͘ŝƚ ͮ tĞďƐŝƚĞ͗ ǁǁǁ͘ĐĂƌƌĂƌĂ͘ŝƚ

Hall 2 | Stand 2310

VAL VES

BLABO® Tank Cleaning MoClean® ATS Tank Cleaning SLOPO® Oil Recovery

Supplier of market-leading tank cleaning technology

CHOOSE A PARTNER WITH A PROVEN 60-YEAR TRACK RECORD Oreco no-man entry tank cleaning and oil recovery systems provide high-technology solutions for tanks – with safe working conditions, minimised emissions and visible cost benefit to your enterprise. Discover the advantages of an innovative partnership.

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No. 1 in tank cleaning technology since 1957

VALVES, PIPES, TANKS

86

COGEIM EUROPE SRL

Since 1970 COGEIM EUROPE s.r.l. has EHHQ GHVLJQLQJ DQG PDQXIDFWXULQJ surface treatment plants ^ŝŶĐĞ ϭϵϳϬ K' /D hZKW Ɛ͘ƌ͘ů͘ ŚĂƐ ďĞĞŶ ĚĞƐŝŐŶŝŶŐ ĂŶĚ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ƐƵƌĨĂĐĞ ƚƌĞĂƚŵĞŶƚ ƉůĂŶƚƐ ŝŶĐůƵĚŝŶŐ ƐŚŽƚ ďůĂƐƟŶŐ͕ ƐƚƌŝƉƉŝŶŐ͕ ƐŚŽƚ ƉĞĞŶŝŶŐ ĂŶĚ ƐĂŶĚďůĂƐƟŶŐ ĞƋƵŝƉŵĞŶƚƐ͕ ŵĞƌĐŚĂŶĚŝƐŝŶŐ ƚŚĞŵ Ăůů ŽǀĞƌ ƚŚĞ ǁŽƌůĚ͘ dŚĞ ďůĂƐƟŶŐ ƉƌŽĐĞĚƵƌĞ ĞŶƐƵƌĞƐ ƚŚĞ ĐůĞĂŶŝŶŐ ĂŶĚ ĐŽŶĚŝƟŽŶŝŶŐ ŽĨ ďŽƚŚ ŵĞƚĂů ƐƵƌĨĂĐĞƐ ĂŶĚ ƐƚŽŶĞ Žƌ ĐĞŵĞŶƚ ƉƌŽĚƵĐƚƐ͘ K' /D ƚĞĐŚŶŽůŽŐŝĞƐ ĐĂŶ ďĞ ĞŵƉůŽLJĞĚ ŝŶ Ă ůĂƌŐĞ ŶƵŵďĞƌ ŽĨ ĂƉƉůŝĐĂƟŽŶƐ͗ ŝŶ ƚŚĞ ŵĞĐŚĂŶŝĐĂů ŝŶĚƵƐƚƌLJ ƚŚĞLJ ĐĂŶ ďĞ ƵƐĞĚ ŝŶ ƐƚĞĞůǁŽƌŬƐ͕ ĨŽƵŶĚƌŝĞƐ͕ ĐĂƌƉĞŶƚƌŝĞƐ͕ ŝŶĚƵƐƚƌŝĂů ƉĂŝŶƟŶŐ ĂŶĚ ĨŽƌŐŝŶŐ ĨĂĐƚŽƌŝĞƐ͕ ǁŚŝůĞ ŝŶ ƚŚĞ ƐƚŽŶĞ ƐĞĐƚŽƌ ƚŚĞLJ ĐĂŶ ďĞ ĂƉƉůŝĞĚ ŝŶ ĨĂĐƚŽƌŝĞƐ ƉƌŽĐĞƐƐŝŶŐ ŐƌĂŶŝƚĞ͕ ŵĂƌďůĞ ĂŶĚ ĐŽŶĐƌĞƚĞ͘ dŚĞ ĐŽŵƉĂŶLJ ŝƐ ďĂƐĞĚ ŝŶ ĂƐŽƌĞnjnjŽ ;DŝůĂŶͿ ĂŶĚ ƌƵŶƐ ƚǁŽ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ƉůĂŶƚƐ ƚŚĂƚ ŽĐĐƵƉLJ Ă ƚŽƚĂů ŽĨ ϭϰϬϬϬ ƐƋŵ͕ ĂŶĚ ĐŽƵŶƚƐ ŵŽƌĞ ƚŚĂŶ ϵϬ ĞŵƉůŽLJĞĞƐ͘ ůů K' /D ŵĂĐŚŝŶĞƌŝĞƐ ĂƌĞ ƚŚŽƌŽƵŐŚůLJ ŵĂŶƵĨĂĐƚƵƌĞĚ ŝŶ ŽƵƌ ĨĂĐŝůŝƟĞƐ ƐƚĂƌƟŶŐ ĨƌŽŵ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ŽĨ ƚŚĞ ƌĂǁ ďĂƐŝĐ ŵĂƚĞƌŝĂůƐ ;ƐƵĐŚ ĂƐ ŵĞƚĂů ƐŚĞĞƚƐ ĂŶĚ ƐĞĐƟŽŶ ďĂƌƐͿ ƚŽ ƚŚĞ ƚĞƐƟŶŐ ŽĨ ƚŚĞ ĮŶŝƐŚĞĚ ƐLJƐƚĞŵ͕ ŐŽŝŶŐ ƚŚƌŽƵŐŚ ǁĞůĚŝŶŐ͕ ƐĞƫŶŐͲ ƵƉ͕ ƉĂŝŶƟŶŐ͕ ŝŶƐƚĂůůĂƟŽŶ ŽĨ ƚŚĞ ĞůĞĐƚƌŝĐĂů ƐLJƐƚĞŵ͕ ĞƚĐ͘​͘​͘ Ŷ ĂĐĐƵƌĂƚĞ ƋƵĂůŝƚLJ ĐŽŶƚƌŽů ŝƐ ĐŽŶƐƚĂŶƚůLJ ĐĂƌƌŝĞĚ ŽƵƚ ƚŚƌŽƵŐŚŽƵƚ ƚŚĞ ĞŶƟƌĞ ƉƌŽĐĞƐƐ͕ ŝŶ ŽƌĚĞƌ ƚŽ ŐƵĂƌĂŶƚĞĞ ŚŝŐŚͲƋƵĂůŝƚLJ ƐLJƐƚĞŵƐ ǁŚŝĐŚ ŚĞůƉ ŽƵƌ ĐƵƐƚŽŵĞƌƐ ƚŽ ƌĞĚƵĐĞ ŵĂŝŶƚĞŶĂŶĐĞ ĐŽƐƚƐ͕ ǁŚŝůĞ ĞŶƐƵƌŝŶŐ Ă ƐƚƌŽŶŐ ĂŶĚ ĚƵƌĂďůĞ ŵĂĐŚŝŶĞƌLJ ǁŝƚŚ Ă ŚŝŐŚ ƉƌŽĚƵĐƟŽŶ ĞĸĐŝĞŶĐLJ͘ ƚ K' /D ĞǀĞƌLJ ƉƌŽĚƵĐƟŽŶ ƐƚĂŐĞ ŝƐ ŵŽŶŝƚŽƌĞĚ ďLJ Ă ŚŝŐŚͲƚĞĐŚ ŵĂŶĂŐĞŵĞŶƚ ƐŽŌǁĂƌĞ ǁŚŝĐŚ ƚƌĂĐŬƐ ŝŶ ƌĞĂů ƟŵĞ ƚŚĞ ƉƌŽŐƌĞƐƐ ŽĨ ƚŚĞ ǁŽƌŬ ĂŶĚ ĚĞĮŶĞƐ ĂĐĐƵƌĂƚĞ ĚĞůŝǀĞƌLJ ƐĐŚĞĚƵůĞƐ͘ DŽƌĞŽǀĞƌ͕ ŝŶ ϭϵϵϵ ƚŚĞ ĐŽŵƉĂŶLJ ŚĂƐ ďĞĞŶ /^K ϵϬϬϭ͗ϮϬϬϴ ĐĞƌƟĮĞĚ ĂŶĚ ŝŶ ϮϬϭϳ ŚĂƐ ŽďƚĂŝŶĞĚ ƚŚĞ ŶĞǁ /^K ϵϬϬϭ͗ϮϬϭϱ ƐƚĂŶĚĂƌĚ͘ dŚĞ ĞdžƉĞƌƟƐĞ ŽĨ K' /D ĚĞƐŝŐŶĞƌƐ͕ ĂůŽŶŐ ǁŝƚŚ ƚŚĞŝƌ ƚĞĐŚŶŝĐĂů ĞdžƉĞƌŝĞŶĐĞ ĂŶĚ ƚŚĞ ĐŽŶƐƚĂŶƚ ƚĞĐŚŶŽůŽŐŝĐĂů ŝŶŶŽǀĂƟŽŶ͕ ĂůůŽǁƐ ƚŽ ƉƌŽĚƵĐĞ ĐƵƐƚŽŵŝnjĞĚ ŵĂĐŚŝŶĞƌŝĞƐ ƚŚĂƚ ŵĞĞƚ Ăůů ĞŶĚ ƵƐĞƌƐ͛ ƉĞĐƵůŝĂƌ ƌĞƋƵŝƌĞŵĞŶƚƐ ŝŶ ŽƌĚĞƌ ƚŽ Ɛƚ ƚŚĞ ĞƋƵŝƉŵĞŶƚƐ ƉĞƌĨŽƌŵĂŶĐĞƐ͘ K' /D ĚĞůŝǀĞƌƐ ŚƵŶĚƌĞĚƐ ŽĨ ƉůĂŶƚƐ ĞǀĞƌLJ LJĞĂƌ͕ ĂŶĚ ƚŚŝƐ ŶƵŵďĞƌ ŝƐ ƌŝƐŝŶŐ ůĂƐƚ LJĞĂƌ ϭϱϬ ƐŚŽƚ ďůĂƐƟŶŐ ŵĂĐŚŝŶĞƐ ŚĂǀĞ ďĞĞŶ ĚĞůŝǀĞƌĞĚ͘ tĞ͛ǀĞ ĂƩĂŝŶĞĚ ƚŚĞƐĞ ƌĞƐƵůƚƐ ƚŚĂŶŬƐ ƚŽ ƚŚĞ ĐŽŶƟŶƵŽƵƐ ƵƉĚĂƟŶŐ ŽĨ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ƉůĂŶƚƐ ĂŶĚ ƚŚĞ ĐŽŶƐƚĂŶƚ ŝŶǀĞƐƚŵĞŶƚƐ ŝŶ ƚŚĞ ƌĞƐĞĂƌĐŚ ŽĨ ŝŶŶŽǀĂƟǀĞ ƐŽůƵƟŽŶƐ͘ ŶŽƚŚĞƌ ƐƚƌŽŶŐ ƉŽŝŶƚ Ăƚ K' /D ŝƐ ƚŚĞ ƌĞůŝĂďůĞ ĂŌĞƌͲƐĂůĞƐ ƐĞƌǀŝĐĞ͕ ǁŚŝĐŚ ŐƵĂƌĂŶƚĞĞƐ ƚŚĞ ĐŽŶƟŶƵŽƵƐ ĂǀĂŝůĂďŝůŝƚLJ ŽĨ ƐƉĂƌĞ ƉĂƌƚƐ ĂƐ ǁĞůů ĂƐ ƌĞĂůͲƟŵĞ ĂƐƐŝƐƚĂŶĐĞ ďLJ ƋƵĂůŝĮĞĚ ƉĞƌƐŽŶŶĞů͘ &Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ǁǁǁ͘ĐŽŐĞŝŵ͘ŝƚ

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

COGEIM EUROPE SRL

VALVES, PIPES, TANKS

INDUSTRIAL TECHNOLOGY

87

OIL AND GAS, PETROCHEMICAL, AUTOMATION

VALVES, PIPES, TANKS

BFT BURZONI

BFT Burzoni, constant innovation!

&Žƌ ŵŽƌĞ ƚŚĂŶ ϰϬ LJĞĂƌƐ͕ &d ƵƌnjŽŶŝ ŚĂƐ ďĞĞŶ ŽƉĞƌĂƟŶŐ ƐƵĐĐĞƐƐĨƵůůLJ ŝŶ ƚŚĞ ŵĂĐŚŝŶŝŶŐ ŵĞĐŚĂŶŝĐĂů ŽƉĞƌĂƟŽŶƐ ĂŶĚ ƚŽŽůƐ ŵĂƌŬĞƚ͘ dŚĞ ƉŚŝůŽƐŽƉŚLJ ŽĨ ƚŚĞ ĐŽŵƉĂŶLJ ĨƌŽŵ WŝĂĐĞŶnjĂ ŝƐ ƚŽ ĐŽŶƟŶƵĞ ŝŶǀĞƐƟŶŐ ŚĞĂǀŝůLJ ŝŶ ŝƚƐ ƉƌŽĚƵĐƚ ƌĂŶŐĞ͘ ͞ &d ƵƌnjŽŶŝ Ͳ ƚĞůůƐ ƌŝĂŶŶĂ ƵƌnjŽŶŝ͕ ĚĂƵŐŚƚĞƌ ŽĨ ĨŽƵŶĚĞƌ ůďĞƌƚŽ ƵƌnjŽŶŝ ĂŶĚ ŽŶ ŚŝƐ ƐŝĚĞ ŝŶ ŵĂŶĂŐŝŶŐ ƚŚĞ ĐŽŵƉĂŶLJ Ͳ ǁĂƐ ďŽƌŶ ŝŶ ϭϵϳϰ ĂƐ Ă ƐŵĂůů ďƵƐŝŶĞƐƐ ƌĞĂůŝƚLJ ĂŶĚ ƐŝŶĐĞ ŝƚƐ ŝŶĐĞƉƟŽŶ ƚŚĞ ŝŶƚĞŶƚ ŚĂƐ ĂůǁĂLJƐ ďĞĞŶ ƚŽ ƉƌŽǀŝĚĞ ƚŚĞ ďĞƐƚ ƐĞƌǀŝĐĞ ƉŽƐƐŝďůĞ ƚŽ ĐůŝĞŶƚƐ͘ dŚĂƚ͛Ɛ ǁŚLJ ǁĞ ŚĂǀĞ ƚƌŝĞĚ ƚŽ ĐƌĞĂƚĞ Ă ĐŽŵƉůĞƚĞ͕ ƌĞůŝĂďůĞ ĂŶĚ ĨŽƌĞĨƌŽŶƚ ƵƚĞŶƐŝů ƉƌŽŐƌĂŵ͘ ͞ &d ƵƌnjŽŶŝ ŝƐ Ă ĐŽŶƐƚĂŶƚůLJ ĞǀŽůǀŝŶŐ ĐŽŵƉĂŶLJ ĂŶĚ ŝŶƚƌŽĚƵĐĞƐ ĞǀĞƌLJ ĚĂLJ ŶĞǁ ƉƌŽĚƵĐƚƐ ƚŽ ŽīĞƌ ƚŽ ŝƚƐ ĐƵƐƚŽŵĞƌƐ͘ dŚĞ ĐŽŵƉĂŶLJ ŚĂƐ ĂĐŚŝĞǀĞĚ ƌĞŵĂƌŬĂďůĞ ƌĞƐƵůƚƐ ĨƌŽŵ ƚŚĞ ƚǁŽ ŝŶŶŽǀĂƟǀĞ ŐƌĂĚĞƐ ŽĨ ŚĂƌĚ ŵĞƚĂů ϰϬ ĂŶĚ dϯϱ͕ ǁŚŝĐŚ ĂƌĞ ĚƌŽǁŶ ĨŽƌ ƚŚĞ ƉƌŽĐĞƐƐŝŶŐ ŽĨ ĚĞŵĂŶĚŝŶŐ ŵĂƚĞƌŝĂůƐ ƐƵĐŚ ĂƐ ƐƚĂŝŶůĞƐƐ ƐƚĞĞůƐ͕ ƟƚĂŶŝƵŵ͕ ƟƚĂŶŝƵŵ ĂůůŽLJƐ͕ ƵƉůĞdž ĂŶĚ ^ƵƉĞƌĚƵƉůĞdž ;,ƌƐĂͿ͘ dŚĞLJ ŐƵĂƌĂŶƚĞĞ Ă ŚŝŐŚ ĚĞŐƌĞĞ ŽĨ ƚŽƵŐŚŶĞƐƐ ƵŶĚĞƌ ĐŽŶĚŝƟŽŶƐ ŽĨ ĞdžƚƌĞŵĞ ƚĞŵƉĞƌĂƚƵƌĞƐ͕ ĂůůŽǁŝŶŐ ŚŝŐŚ ĐƵƫŶŐ ƐƉĞĞĚƐ ĂŶĚ ůŽŶŐĞƌ ůŝǀĞƐ͕ ĂƐ ǁĞůů ĂƐ ĂďƐŽůƵƚĞ ƌĞůŝĂďŝůŝƚLJ ĚƵƌŝŶŐ ŵŝůůŝŶŐ ĂŶĚ ƚƵƌŶŝŶŐ ŽƉĞƌĂƟŽŶƐ͘ ͞ ŽŵƉĞƚĞŶĐĞ ŝƐ ŝŶĚŝƐƉĞŶƐĂďůĞ Ͳ ƐĂLJƐ ůďĞƌƚŽ ƵƌnjŽŶŝ͕ &d ŽǁŶĞƌ Ͳ ďƵƚ ƚǁŽ ŽƚŚĞƌ ŝŵƉŽƌƚĂŶƚ ĂƐƉĞĐƚƐ ĂƌĞ ƚŚĞ ĂƩĞŶƟŽŶ ƚŽ ƋƵĂůŝƚLJͲ ƉƌŝĐĞ ƌĂƟŽ ĂŶĚ Ă ƌĞĂĚLJ ĚĞůŝǀĞƌLJ ƐĞƌǀŝĐĞ ŝŶ ůĞƐƐ ƚŚĂŶ Ϯϰ ŚŽƵƌƐ͕ ǁŚŝĐŚ ǁĞ ĐĂŶ ŐƵĂƌĂŶƚĞĞ ƚŽ ŽƵƌ ĐƵƐƚŽŵĞƌƐ ƚŚĂŶŬƐ ƚŽ ĂŶ ĞŶǀŝĂďůĞ ǁĂƌĞŚŽƵƐĞ͕ ŽƵƌ ŇĂŐƐŚŝƉ ŇŽǁĞƌ͘ KƵƌ ƐĂůĞƐ ƉŚŝůŽƐŽƉŚLJ ŵƵƐƚ ĂůǁĂLJƐ ďĞ ĐƵƐƚŽŵĞƌͲŽƌŝĞŶƚĞĚ͗ ƚŽ ĞŶƐƵƌĞ Ă ĨƵůů ƐĞƌǀŝĐĞ ďLJ ƉůĂĐŝŶŐ ĮƌƐƚ ƚŚĞ ŚŝŐŚĞƐƚ ĐƵƐƚŽŵĞƌ ƐĂƟƐĨĂĐƟŽŶ͕ ǁŚŝĐŚ ŵƵƐƚ ďĞĞŶ ƐƵƉƉŽƌƚĞĚ ĨƌŽŵ ƉůĂŶŶŝŶŐ ƚŽ ŝŵƉůĞŵĞŶƚĂƟŽŶ ŽĨ ƚŚĞŝƌ ƉƌŽũĞĐƚƐ͕ ǁŝƚŚŽƵƚ ŶĞŐůĞĐƟŶŐ ĂŶLJ ĚĞƚĂŝůƐ͘ ͞dŚĞ ŐŽĂů ŽĨ &d ŝƐ ƚŚĞƌĞĨŽƌĞ ƚŽ ĐŽŶƟŶƵĞ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ĐŽƵƌƐĞ ƵŶĚĞƌƚĂŬĞŶ ŝŶ ƚŚĞƐĞ LJĞĂƌƐ͕ ďŽƚŚ

88

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ĐŽŵŵĞƌĐŝĂů ĂŶĚ ƚĞĐŚŶŽůŽŐŝĐĂů͕ ŝŶ ŽƌĚĞƌ ƚŽ ĐŽŶƐƚĂŶƚůLJ ƉůĂLJ Ă ůĞĂĚŝŶŐ ƌŽůĞ ŝŶ ƚŚĞ ƚŽŽů ŵĂƌŬĞƚ͘ &d ĂŝŵƐ ŝƐ ƚŽ ĞdžƉĂŶĚ ŝƚƐ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚ ůŝŶĞƐ ƐŽ ƚŚĂƚ ƚŚĞLJ ĐĂŶ ĐŽǀĞƌ ĂŶ ŝŶĐƌĞĂƐŝŶŐ ŶƵŵďĞƌ ŽĨ ƚLJƉĞƐ ŽĨ ŵĞĐŚĂŶŝĐĂů ŵĂĐŚŝŶŝŶŐ͘ &Žƌ ƚŚĞ LJĞĂƌ ϮϬϭϴ ƚŚĞ &d ƵƌnjŽŶŝ ŝƐ ŝŶƚƌŽĚƵĐŝŶŐ Ă ůŽƚ ŽĨ ŶĞǁ ƉƌŽĚƵĐƚƐ ĂŶĚ ƉƌŽũĞĐƚƐ͘ dǁŽ ŐŽŽĚ ĞdžĂŵƉůĞ ĂƌĞ ƚŚĞ ŶĞǁ ůŝŶĞ ŽĨ ƚƵƌŶŝŶŐ ŝŶƐĞƌƚƐ 'ŽůĚ WĂŶƚŚĞƌ ĂŶĚ ƚŚĞ ŝŶŶŽǀĂƟǀĞ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ Ă ŚŝŐŚ ĨĞĞĚ ŝŶĚĞdžĂďůĞ ŵŝůůŝŶŐ ĐƵƩĞƌ͕ ƚŚĞ d:ϰϬϭ͘ dŚĞ ŶĞǁ ůŝŶĞ ŽĨ ŚĂƌĚ ŵĞƚĂů ƚƵƌŶŝŶŐ ŝŶƐĞƌƚƐ ĐĂůůĞĚ 'ŽůĚ WĂŶƚŚĞƌ ;'W͕ ĨĞĂƚƵƌĞĚ ŝŶ Ă ŐŽůĚͲƉůĂƚĞĚ ĐŽĂƟŶŐ ǁŝůů ĂůƐŽ ŬĞĞƉ ƚƌĂĐŬ ŽĨ ƚŚĞ ǁĞĂƌ ŽĨ ƚŚĞ ŝŶƐĞƌƚ ŝƚƐĞůĨͿ ŝŶĐůƵĚĞĚ ŶĞǁ ŐĞŽŵĞƚƌŝĞƐ ĂŶĚ ŶĞǁ ŝŶŶŽǀĂƟǀĞ ĐŽĂƟŶŐƐ ĐŽŵƉůĞŵĞŶƚ ƚŚĞ ĂůƌĞĂĚLJ ƉƌŽǀĞŶ ůĂĐŬ WĂŶƚŚĞƌ ůŝŶĞ͘ /Ŷ ƚŚŝƐ ǁĂLJ͕ ƚŚĞ &d ĨƵƌƚŚĞƌ ĞdžƉĂŶĚƐ ŝƚƐ ƌĂŶŐĞ ŽĨ ƉŽƐƐŝďŝůŝƟĞƐ ŝŶ Ăůů ĂƉƉůŝĐĂƟŽŶ ŽĨ ƚƵƌŶŝŶŐ ŵĂĐŚŝŶŝŶŐ͘ dŚĞ ŶĞǁ d:ϰϬϭ ŝƐ Ă ŵŝůůŝŶŐ ĐƵƩĞƌ ǁŝƚŚ Ă ƐƉĞĐŝĮĐ ŝŶƐĞƌƚ ;^ DdϭϮ ĂŶĚ ^ DdϭϲͿ ƐƉĞĐŝĮĐĂůůLJ ĚĞǀĞůŽƉĞĚ ĨŽƌ ŚŝŐŚ ĨĞĞĚ ŽƉĞƌĂƟŽŶ ŽĨ ŚĂƌĚ ŵĂƚĞƌŝĂůƐ ǁŝƚŚ ůĂƌŐĞ ĐŚŝƉ ǀŽůƵŵĞ ƌĞŵŽǀĂů͘ dŚĞ ŵĞƚĂů ƋƵĂůŝƚLJ ĂŶĚ ƚŚĞ ŝŶŶŽǀĂƟǀĞ ĐŽĂƟŶŐ ŽĨ ƚŚĞ ŝŶƐĞƌƚƐ ĞŶƐƵƌĞ ĂŶ ĞĸĐŝĞŶƚ ĂŶĚ ůŽŶŐ ƚŽŽů ůŝĨĞ͘ dŚĞ ƐƚƌĂƚĞŐŝĐ ĚŝƌĞĐƟŽŶ ŽĨ ͞ &d WĂŶƚŚĞƌ͟ ŝƐ ŶŽƚ ŽŶůLJ ƚŽ ĐŽŶƐŽůŝĚĂƚĞ ŝƚƐ ƉŽƐŝƟŽŶ ǁŝƚŚŝŶ ƚŚĞ /ƚĂůŝĂŶ ŵĂƌŬĞƚ͕ ďƵƚ ĂůƐŽ ŝŶƚĞŶĚƐ ƚŽ ŝŶĐƌĞĂƐĞ ŝƚƐ ĐŽŵŵĞƌĐŝĂů ŇŽǁ ƚŽ ĨŽƌĞŝŐŶ ŵĂƌŬĞƚƐ͘ ͞ ǀĞŶ ƐŽ͕ ϵϬй ŽĨ ŽƵƌ ƚƵƌŶŽǀĞƌ ŝƐ ĂĐŚŝĞǀĞĚ ŝŶ ƚŚĞ /ƚĂůŝĂŶ ŵĂƌŬĞƚ Ͳ ƐĂLJƐ ƌŝĂŶŶĂ ƵƌnjŽŶŝ Ͳ ǁĞ ĂƌĞ ĂůƌĞĂĚLJ ƉƌĞƐĞŶƚ ŝŶ ƐŽŵĞ ĨŽƌĞŝŐŶ ŵĂƌŬĞƚƐ ƐƵĐŚ ĂƐ ƌĂnjŝů͕ 'ĞƌŵĂŶLJ͕ ^ƉĂŝŶ͕ ,ƵŶŐĂƌLJ͕ WŽůĂŶĚ͕ ZŽŵĂŶŝĂ ƌŽĂƟĂ ĂŶĚ ^ůŽǀĞŶŝĂ͘ ĞƌƚĂŝŶůLJ͕ &d ĐĂŶ ďŽĂƐƚ ƉŽŝŶƚƐ ůŝŬĞ ƚŚĞ ƋƵĂůŝƚLJ ĂŶĚ ƉƌŽĨĞƐƐŝŽŶĂůŝƐŵ ŽĨ ƚŚĞ ƐĞƌǀŝĐĞ ŝƚ ŽīĞƌƐ ƚŽ ŝƚƐ ĐƵƐƚŽŵĞƌƐ͘ /ƚ ǁŝůů ďĞ ƚŚĞ ƚĂƐŬ ŽĨ &d͛Ɛ ĐŽŵŵĞƌĐŝĂů ŶĞƚǁŽƌŬ ƚŽ ĨĂĐĞ ƚŚĞ ŐƌĞĂƚ ĐŚĂůůĞŶŐĞ ŽĨ ĞdžƉĂŶĚŝŶŐ ƚŚĞ ĨŽƌĞŝŐŶ ŵĂƌŬĞƚ ƐŚĂƌĞ ǁŝƚŚ ƚŚĞ ƵƚŵŽƐƚ ĞŶƚŚƵƐŝĂƐŵ͘ ͞

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45.000 items. www.bftburzoni.com

AUTO MA TION

VDA Group is a leading international company providing technical solutions

ĂƌŝƵƐŚ 'ƌĂŶĚ ,ŽƚĞů͕ ŝƐ Ă ĮǀĞͲƐƚĂƌ ŚŽƚĞů ǁĞůů ůŽĐĂƚĞĚ ŝŶ ƚŚĞ ŚĞĂƌƚ ŽĨ <ŝƐŚ͕ ĐůŽƐĞ ƚŽ ƚŚĞ ĨĂŵŽƵƐ ƚŽƵƌŝƐƚƐ ĂƩƌĂĐƟŽŶƐ ĂŶĚ ƚŚĞ /ŶƚĞƌŶĂƟŽŶĂů ŝƌƉŽƌƚ͘ dŚŝƐ ďĞĂƵƟĨƵů ŚŽƚĞů ŝŶƐƉŝƌĞĚ ďLJ WĞƌƐĞƉŽůŝƐ͕ ŝƐ Ă ƐLJŵďŽů ŽĨ ƚŚĞ ŵĂŐŶŝĮĐĞŶĐĞ ŽĨ ĂŶĐŝĞŶƚ WĞƌƐŝĂŶ ĐŝǀŝůŝnjĂƟŽŶ͕ ĂŶĚ ƐƚĂŶĚƐ ŽŶ Ă ϮϬ͕ϬϬϬ ƐƋƵĂƌĞͲŵĞƚĞƌ ƉůŽƚ ŽĨ ůĂŶĚ ĨĂĐŝŶŐ ƚŚĞ ƐĞĂ͘ /ƚƐ ĞŶŽƌŵŽƵƐ ĞŶƚƌĂŶĐĞ ĞĐŚŽĞƐ Ă ĐůĂƐƐŝĐ ƉĂůĂĐĞ ĂŶĚ ŝƚƐ ϮϬϬ ǁĞůů ĞƋƵŝƉƉĞĚ ƌŽŽŵƐ ĂŶĚ ƐƵŝƚĞƐ ĂƌĞ ǁŝƚŚ ďĞĂƵƟĨƵů ǀŝĞǁ ŽĨ ƚŚĞ ƐĞĂ Žƌ ƚŚĞ ƐƵƌƌŽŶĚŝŶŐ ŐĂƌĚĞŶƐ͘ ^ŝŶĐĞ ϮϬϭϲ DŝĐƌŽŵĂƐƚĞƌ ďLJ s 'ƌŽƵƉ ƉƌŽǀŝĚĞƐ Ă ŵƵůƟƉƵƌƉŽƐĞ ƚŽŽů ĨŽƌ ƚŚĞ ŵĂŶĂŐĞŵĞŶƚ ŽĨ ƚŚĞ ĂƌŝƵƐŚ 'ƌĂŶĚ ,ŽƚĞů͛Ɛ ƉĞƌƐŽŶŶĞů͕ ƐĞĐƵƌŝƚLJ ĂŶĚ ŐƵĞƐƚ ƐĞƌǀŝĐĞƐ͘ s ͛Ɛ ƉƌŝŽƌŝƚLJ ŚĂƐ ďĞĞŶ ƚŽ ŝŶƚƌŽĚƵĐĞ ƐŝŵƉůĞ ƚŽ Ͳ ƵƐĞ ƚĞĐŚŶŽůŽŐLJ ƚŚĂƚ ǁŝůů ĞŶŚĂŶĐĞ ƚŚĞ ŐƵĞƐƚ ĞdžƉĞƌŝĞŶĐĞ͘ dŚĞ ŐƵĞƐƚ ĐŽŶƚƌŽůƐ ƚŚĞ ƌŽŽŵ ƵƐŝŶŐ s ͛Ɛ Vitrum ŐůĂƐƐǁĂƌĞ ĐŽůůĞĐƟŽŶ͘ dŚĞƐĞ ƚŽƵĐŚ ƐĞŶƐŝƟǀĞ ŬĞLJƉĂĚƐ ŚĂǀĞ ĞƚĐŚĞĚ ŝĐŽŶƐ ĨŽƌ ĞĂĐŚ ƌŽŽŵ ĨƵŶĐƟŽŶ͘ DŝĐƌŽŵĂƐƚĞƌ ĂŶĚ sŝƚƌƵŵ ŝŶƚĞƌĨĂĐĞƐ ĐŽŶƚƌŝďƵƚĞ ƚŽ ƚŚĞ ĚĞƐŝŐŶ ĂŶĚ ůƵdžƵƌLJ ƚŚƌŽƵŐŚŽƵƚ ƚŚĞ ŚŽƚĞů͕ ĂŶĚ ůŽǁĞƌƐ ƚŚĞ ƉƌŽƉĞƌƚLJ͛Ɛ ƉŽǁĞƌ ĐŽŶƐƵŵƉƟŽŶ ĂŶĚ ĐĂƌďŽŶ ĨŽŽƚƉƌŝŶƚ͘ VDA Group ŝƐ Ă ůĞĂĚŝŶŐ ŝŶƚĞƌŶĂƟŽŶĂů ĐŽŵƉĂŶLJ ƉƌŽǀŝĚŝŶŐ ƚĞĐŚŶŝĐĂů ƐŽůƵƟŽŶƐ ŝŶ /ŶƚĞƌĂĐƟǀĞ dĞůĞǀŝƐŝŽŶ͕ ƵŝůĚŝŶŐ ƵƚŽŵĂƟŽŶ͕ ĂŶĚ ZŽŽŵ DĂŶĂŐĞŵĞŶƚ ĨŽƌ ,ŽƐƉŝƚĂůŝƚLJ ĂŶĚ ZĞƐŝĚĞŶƟĂů ŵĂƌŬĞƚƐ͘ ůƐŽ ƉƌŽǀŝĚŝŶŐ /Wds͕ 'ƵĞƐƚ tŝĮ͕ ĂŶĚ ^ŵĂƌƚ dŽƵĐŚ ^ǁŝƚĐŚĞƐ͘ dŚĞ ĐŽŵƉĂŶLJ ĚĞƐŝŐŶƐ ĂŶĚ ŵĂŶƵĨĂĐƚƵƌĞƐ Ăůů ŽĨ ŝƚƐ ŽǁŶ ŬĞLJ ĐŽŵƉŽŶĞŶƚƐ ĂŶĚ ƐŽŌǁĂƌĞ͕ ƉƌŽǀŝĚŝŶŐ ŝŶƚĞƌŶĂƟŽŶĂů ĐĞƌƟĮĐĂƟŽŶƐ͕ ĂƐ ǁĞůů ĂƐ ĐŽƵŶƚƌLJ ƐƉĞĐŝĮĐ ŽŶĞƐ͘ s ĂůƐŽ

AUTOMATION

VDA GROUP

ƉƌŽĚƵĐĞƐ ĐŽŵƉůĞdž ĐƵƐƚŽŵŝƐĞĚ ƐŽůƵƟŽŶƐ ƚŚĂƚ ĂƌĞ ĂďůĞ ƚŽ ƐĂƟƐĨLJ ĂůŵŽƐƚ ĂŶLJ ƌĞƋƵĞƐƚ Žƌ ŶĞĞĚ͘ VDA Group ŚĂƐ ŝŶƐƚĂůůĞĚ ĂŶĚ ŵĂŝŶƚĂŝŶƐ ŵŽƌĞ ƚŚĂŶ Ϯ͕ϱϬϬ ƐLJƐƚĞŵƐ ĂĐƌŽƐƐ ϮϬϬ͕ϬϬϬ ƌŽŽŵƐ͕ ĂĐƌŽƐƐ ĨŽƵƌ ĚŝīĞƌĞŶƚ ŽŶƟŶĞŶƚƐ͕ ŝŶ ŵĂŶLJ ƉƌĞƐƟŐŝŽƵƐ ůŽĐĂƟŽŶƐ͕ ǁŽƌŬŝŶŐ ǁŝƚŚ ǁŽƌůĚǁŝĚĞ ŚŽƚĞů ĐŚĂŝŶƐ ƐƵĐŚ ĂƐ ,ŝůƚŽŶ͕ <ĞŵƉŝŶƐŬLJ͕ ,LJĂƩ͕ZŽĐĐŽ &ŽƌƚĞ͕ ĂŶĚ WĂƌŬ WůĂnjĂ͘ VDA Group ƉƌŽĚƵĐĞƐ ŚŝŐŚ ƚĞĐŚŶŽůŽŐLJ ŵĂŶĂŐĞŵĞŶƚ ƐLJƐƚĞŵƐ ƚŽ ĐŽŶƚƌŽů Ăůů ĂƐƉĞĐƚƐ ŽĨ Ă ďƵŝůĚŝŶŐ͕ ŵĂŬŝŶŐ ĞǀĞƌLJ ŝƚĞŵ ĞĂƐLJ ƚŽ ƵƐĞ͕ ĂŶĚ ĞĂƐLJ ƚŽ ŵĂŝŶƚĂŝŶ͕ ƚŚĂŶŬƐ ƚŽ Ă ĐĞŶƚƌĂůŝƐĞĚ ƐƵƉĞƌǀŝƐŝŽŶ ďƌĂŝŶ ƚŚĂƚ ĂůůŽǁƐ ŽŶĞ ƚŽ ŵŽŶŝƚŽƌ ƚŚĞ ĞŶƟƌĞ ƐLJƐƚĞŵ ŽŶůŝŶĞ͘ VDA Group ͻ ĐƟǀĞ ŝŶ ŵŽƌĞ ƚŚĂŶ Ϯϱ ĐŽƵŶƚƌŝĞƐ ŝŶ ƵƌŽƉĞ͕ ƚŚĞ DŝĚĚůĞ ĂƐƚ ĂŶĚ ĨƌŝĐĂ͕ ƐŝĂ WĂĐŝĮĐ ĂŶĚ ƚŚĞ ŵĞƌŝĐĂƐ ͻDŽƌĞ ƚŚĂŶ Ϯ͕ϱϬϬ ĨĂĐŝůŝƟĞƐ ĞƋƵŝƉƉĞĚ ͻKǀĞƌ ϮϱϬ͕ϬϬϬ ĂĐƟǀĞ ƌŽŽŵƐ ͻDŽƌĞ ƚŚĂŶ ϯϬ LJĞĂƌƐ ŽĨ ƉƌĞƐĞŶĐĞ ŝŶ ƚŚĞ /ƚĂůŝĂŶ ŚŽƚĞů ŵĂƌŬĞƚ͕ ĂŶĚ ϮϬ LJĞĂƌƐ ŝŶ ƚŚĞ ŝŶƚĞƌŶĂƟŽŶĂů ŚŽƚĞů ŵĂƌŬĞƚ͘ ͻ/ŶƚĞƌŶĂů ŚĂƌĚǁĂƌĞ ĂŶĚ ƐŽŌǁĂƌĞ ĚĞƐŝŐŶ ͻdĂŝůŽƌͲŵĂĚĞ ƐŽůƵƟŽŶƐ ͻ ƵƐƚŽŵŝnjĂďůĞ ŽǁŶĞƌ ĚĞƐŝŐŶ ͻ^ŽůŝĚ ƚĞĐŚŶŽůŽŐŝĐĂů ƉůĂƞŽƌŵ ͻhƐĞƌ ĨƌŝĞŶĚůLJ /ŶƚĞƌĨĂĐĞ &Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ŝŶĨŽΛǀĚĂŐƌŽƵƉ͘ĐŽŵ ǁǁǁ͘ǀĚĂŐƌŽƵƉ͘ĐŽŵ

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

91

AUTOMATION

DAMEC

WHA 2004 Automatic Horizontal Honing Machine: the result of knowledge and innovation D Z d ^ s >h D ^͘ƌ͘ů͕͘ ďĂƐĞĚ ŝŶ DŝůĂŶ ;/ƚĂůLJͿ͕ ďĞůŽŶŐƐ ƚŽ ƚŚĞ ĮĞůĚ ŽĨ precision engineering ĂŶĚ ŵĞĐŚĂŶŝĐƐ ƐŝŶĐĞ ϭϵϴϭ͘ KƵƌ ĐŽŵƉĂŶLJ ƐĞůůƐ ŚŽŶŝŶŐ ƚŽŽůƐ ĂŶĚ ŚŽŶŝŶŐ ŵĂĐŚŝŶĞƐ ĨŽƌ ĚĞĞƉ ŚŽŶŝŶŐ ƉƌŽĐĞƐƐŝŶŐ͘ tĞ ŝŵƉƌŽǀĞ ƚŚĞ <ŶŽǁͲ,Žǁ ƚŽ ďĞĐŽŵĞ ĂůǁĂLJƐ ŵŽƌĞ ĐŽŵƉĞƟƟǀĞ ĂŶĚ ƚŽ ƐĂƟƐĨLJ ŽƵƌ ĐŽƐƚƵŵĞƌ͛Ɛ ĚĞŵĂŶĚƐ͘ t,z ,KE/E'͍ ,ŽŶŝŶŐ ŝƐ Ă ƐƵĐĐĞƐƐĨƵů ĂŶĚ ƉƌĞĐŝƐĞ ŽƉĞƌĂƟŽŶ͕ ǁŝƚŚ ǁŚŝĐŚ LJŽƵ ĐĂŶ ŽďƚĂŝŶ Ă ǀĞƌLJ ůŽǁ ĂŶĚ ŽƉƟŵĂů ƌŽƵŐŚŶĞƐƐ͘ /ƚ ŐƵĂƌĂŶƚĞĞƐ ĚŝĂŵĞƚƌŝĐĂů ĂŶĚ ŐĞŽŵĞƚƌŝĐĂů ƉƌĞĐŝƐŝŽŶ͘ /ƚ ŝƐ ĂŶ economic ƉƌŽĐĞƐƐ ĐŽŵƉĂƌĞĚ ƚŽ ƌĞĐƟĮĐĂƟŽŶ ;ŝƚ ĐŽƐƚƐ ϭͬϱ ůĞƐƐͿ ĂŶĚ LJŽƵ ĐĂŶ ŽďƚĂŝŶ Ă ĮŶĂů ĮŶĞƐƚ ĂŶĚ ĂĐĐƵƌĂƚĞ ƉƌŽĚƵĐƚ͘ KhZ WZK h d^ ,ŽŶŝŶŐ DĂĐŚŝŶĞƐ͗ t, ; ĞĞƉ ,ŽůĞ ,ŽŶŝŶŐ DĂĐŚŝŶĞͿ͖ t, ;^ĞŵŝͲĂƵƚŽŵĂƟĐ ,ŽƌŝnjŽŶƚĂů ,ŽŶŝŶŐ DĂĐŚŝŶĞͿ͖ > , ;sĞƌƟĐĂů ,ŽŶŝŶŐ ŵĂĐŚŝŶĞͲ ^ŝŶŐůĞ WĂƐƐͿ͖ >, ;sĞƌƟĐĂů ,ŽŶŝŶŐ DĂĐŚŝŶĞͿ͖ D, ;DĂŶƵĂů ŚŽŶŝŶŐ DĂĐŚŝŶĞͿ͖ t, ϮϬϬϰ ; ƵƚŽŵĂƟĐ ,ŽŶŝŶŐ DĂĐŚŝŶĞͿ͘ ďƌĂƐŝǀĞ tŚĞĞůƐ͖ /ŶƚĞƌŶĂů ĂŶĚ ĞdžƚĞƌŶĂů ďƌƵƐŚĞƐ͖ DƵůƟ ^ƚŽŶĞ dŽŽůƐ͖ ,ŽŶŝŶŐ ^ƚŽŶĞƐ͖ <Ͳ > DĂŶĚƌĞůƐ͖ ^ŝŶŐůĞ WĂƐƐ dŽŽů͖ ĚĂƉƚĞƌƐ͖ &ŝůƚƌĂƟŽŶ ƐLJƐƚĞŵ͖ ,ŽŶŝŶŐ Kŝů͖ WŽƌƚĂďůĞ ,ŽŶŝŶŐ dŽŽů͖ ,ͲϬϯϵ ;>ĂƉƉŝŶŐ ĞǀŝĐĞͿ͖ DƐƚͲϬϰϳ ;DĂĐŚŝŶĞ >ĂƉ dLJƉĞͿ͖ D^dͲϬϰϳ ;DƵůƟ ^ƚŽŶĞ dŽŽů ĨŽƌ ůŝŶĚ ,ŽůĞͿ͖ D^dͲ DZϰϬ ;DƵůƟ ^ƚŽŶĞ dŽŽůͿ͘ &ZKD d, / dK d, Z >/^ d/KE t, ϮϬϬϰ ŝƐ ƚŚĞ ƌĞƐƵůƚ ŽĨ ŬŶŽǁůĞĚŐĞ ĂŶĚ ŝŶŶŽǀĂƟŽŶ͘ н ϵϱй ŽĨ ĞĸĐĂĐLJ ƚŚĂŶŬƐ ƚŽ ĂƵƚŽŵĂƟnjĂƟŽŶ͖ ƐĂǀŝŶŐ ƵƉ ƚŽ ϱϬй ŽĨ ƚŽŽůƐ͖ ŶŽ ĂĐƟŽŶ ŽĨ ƚŚĞ ŽƉĞƌĂƚŽƌ Žƌ ϮϬй ůĞƐƐ ƚŚĂŶ Ă ƐĞŵŝͲĂƵƚŽŵĂƟĐ ŚŽŶŝŶŐ ŵĂĐŚŝŶĞ͖ ĐŽŶƚĂŝŶĞĚ ĐŽŶƐƵŵƉƟŽŶ ŽĨ ĞůĞĐƚƌŝĐŝƚLJ ĂŶĚ Ăŝƌ͖ ĞůĞĐƚƌŽŶŝĐĂů ĂŶĚ ƉŶĞƵŵĂƟĐ ŚŝŐŚͲƋƵĂůŝƚLJ ĞůĞŵĞŶƚƐ͖ ƉƌĞĐŝƐŝŽŶ ĂŶĚ ƌĞƉĞĂƚĂďŝůŝƚLJ ŽĨ ƚŚĞ ƐŝnjĞ͖ ĞĂƐLJ ŵĂŝŶƚĞŶĂŶĐĞ͖ ŵŽǀĞŵĞŶƚƐ ĐŽŶƚƌŽůůĞĚ ďLJ W> ͖ ŵŝƐƚĂŬĞƐ͛ ǀŝƐƵĂůŝƐĂƟŽŶ͖ ŐƌŝƉƉŝŶŐ ƐLJƐƚĞŵ ŽĨ ƚŚĞ ƉŝĞĐĞ ƉĞƌƐŽŶĂůŝƐĞĚ ĂĐĐŽƌĚŝŶŐ ƚŽ ĐƵƐƚŽŵĞƌ͛Ɛ ŶĞĞĚƐ͘ /E h^dZz ϱ͘Ϭ͗ d, y >> E K& d ,EK>K'z WW>/ dK d, /E h^dZz KƵƌ ĐŽŵƉĂŶLJ ǁŽƌŬƐ ĐŽŶƐƚĂŶƚůLJ ƚŽ ŝŶƚĞŐƌĂƚĞ ŶĞǁ ƚĞĐŚŶŽůŽŐŝĞƐ ĂŶĚ ƚŽ ŝŶĐƌĞĂƐĞ ƉƌŽĚƵĐƟǀŝƚLJ ĂŶĚ ƋƵĂůŝƚLJ͘ D ĐĂŶ ďĞ ĐŽŶƐŝĚĞƌĞĚ ĂƐ Ă ͞ƐŵĂƌƚ ĨĂĐƚŽƌLJ͟ ƚŚĂŶŬƐ ƚŽ ŝŶŶŽǀĂƟŽŶ ĂŶĚ ƚĞĐŚŶŽůŽŐLJ͘ dŚĞLJ ŐĞŶĞƌĂƚĞ ĐŽůůĂďŽƌĂƟŽŶ ĂŵŽŶŐ ŽƉĞƌĂƚŽƌƐ͕ ŵĂĐŚŝŶĞƐ ĂŶĚ ƚŽŽůƐ͕ ĂůǁĂLJƐ ŬĞĞƉŝŶŐ Ă ǁĂƚĐŚĨƵů ĞLJĞ ŽŶ ƚŚĞ ĞŶǀŝƌŽŶŵĞŶƚ͘ ^ DW>/E' tĞ ŽīĞƌ ƚŚĞ ƐĞƌǀŝĐĞ ŽĨ ƐĂŵƉůŝŶŐ LJŽƵƌ ƉŝĞĐĞƐ͕ ƚŚƌŽƵŐŚ ǁŚŝĐŚ ǁĞ ǁŝůů ƐŚŽǁ LJŽƵ ŽƵƌ ĂďŝůŝƟĞƐ ŝŶ ƚŚĞ ĮĞůĚ ŽĨ ƉƌĞĐŝƐŝŽŶ ŵĞĐŚĂŶŝĐƐ ĂŶĚ ĞŶŐŝŶĞĞƌŝŶŐ͘ ǁǁǁ͘ĚĂŵĞĐ͘ĞƵ ͮ ŝŶĨŽΛĚĂŵĞĐ͘ĞƵ

92

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

DAMEC

AUTOMATION

INDUSTRIAL TECHNOLOGY

93

OIL AND GAS, PETROCHEMICAL, AUTOMATION

AUTOMATION

CSICO

C.Si.Co., Computer Sight Company, operates in the information WHFKQRORJ\ ƬHOG

͘^ŝ͘ Ž͕͘ ŽŵƉƵƚĞƌ ^ŝŐŚƚ ŽŵƉĂŶLJ͕ ŽƉĞƌĂƚĞƐ ŝŶ ƚŚĞ ŝŶĨŽƌŵĂƟŽŶ ƚĞĐŚŶŽůŽŐLJ ĮĞůĚ ǁŝƚŚ ƐŝŐŶŝĮĐĂŶƚ ŝŶ ƚŚĞ ŝŶĚƵƐƚƌŝĂů ĂƌĞĂ͘ ͘^ŝ͘ Ž ďŽƌŶ ǁŝƚŚŝŶ ƚŚĞ 'ƌŽƵƉ &͘ ͘Z͘ ǁŚĞƌĞ ŚĞ ĚĞǀĞůŽƉĞĚ ƚŚĞ ĮƌƐƚ ƉƌŽũĞĐƚƐ͘ EŽǁ ƐƵƉƉŽƌƚƐ ƚŚĞ 'ƌŽƵƉ ďƵƚ ŝƚ͛Ɛ Ă ĐŽŵƉůĞƚĞůLJ ŝŶĚĞƉĞŶĚĞŶƚ ĐŽŵƉĂŶLJ͘ KƵƌ ŵŝƐƐŝŽŶ ŝƐ ƚŽ ƐƵƉƉůLJ Ă ŚŝŐŚůLJ ĂǀĂŶƚͲŐĂƌĚĞ ƚĞĐŚŶŽůŽŐLJ ƐĞƌǀŝĐĞ͕ ĞŵƉůŽLJŝŶŐ ƚŚĞ ďĞƐƚ ƐŬŝůůƐ ŽĨ ŽƵƌ ƐƚƌĂƚĞŐLJ͗ /EEKs d/KE tĞ ĨŽĐƵƐ ŽŶ ƚŚĞ ůĂƚĞƐƚ ĂƵƚŽŵĂƟŽŶ ƚĞĐŚŶŽůŽŐLJ ŝŶŶŽǀĂƟŽŶƐ ďLJ ƐƚƵĚLJŝŶŐ ƚŚĞ ŶĞǁĞƐƚ ƐŽůƵƟŽŶƐ ĂŶĚ ƉƌŽĚƵĐƚƐ͘ dŚŝƐ ĂůůŽǁƐ ƵƐ ƚŽ ĚĞǀĞůŽƉ ĂŶĚ ĚĞůŝǀĞƌ ƚŚĞ ďĞƐƚ ƐŽůƵƟŽŶƐ ĨŽƌ ŽƵƌ ƉĂƌƚŶĞƌƐ ŝŶ ƚĞƌŵƐ ŽĨ ƉƌŝĐĞ ĂŶĚ ƉĞƌĨŽƌŵĂŶĐĞ͘ &&/ / E z tĞ ŵĂŶĂŐĞĚ ƚŽ ĐŽŶƐŽůŝĚĂƚĞ ƐĞǀĞƌĂů ƉĂƌƚŶĞƌƐŚŝƉƐ ǁŝƚŚ ĐĂƌĞĨƵůůLJ ƐĞůĞĐƚĞĚ ĐŽŵƉĂŶŝĞƐ͕ ƐƉĞĐŝĂůŝnjĞĚ ŝŶ ĐŽůůĂƚĞƌĂů ƐĞƌǀŝĐĞƐ͕ ŝŶ ŽƌĚĞƌ ƚŽ ĚĞůŝǀĞƌ ĚŝīĞƌĞŶƚ ƉƌŽƉŽƐĂůƐ ƌĂŶŐŝŶŐ ĨƌŽŵ Ă ƐŝŵƉůĞ ƉƌŽŐƌĂŵ ƚŽ Ă ĨƵŶŶLJ ĞƋƵŝƉƉĞĚ ƉůĂŶƚͬŵĂĐŚŝŶĞ ;ĞůĞĐƚƌŝĐĂů͕ ŵĞĐŚĂŶŝĐĂů ĂŶĚ ƐŽŌǁĂƌĞ ƐŽůƵƟŽŶͿ ǁŝƚŚ ǁŽƌůĚǁŝĚĞ ĐŽŵŵŝƐƐŝŽŶŝŶŐ Ăƚ ĐŽŵƉĞƟƟǀĞ ĐŽƐƚƐ͘ h^dKD Z ^ d/^& d/KE tĞ ĂƌĞ ŶŽƚ ĞŶƟƌĞůLJ ĂƐƐŽĐŝĂƚĞĚ ƚŽ ĂŶLJ ƐƉĞĐŝĮĐ ƚĞĐŚŶŽůŽŐLJ͕ ŝŶ ŽƌĚĞƌ ƚŽ ĨŽĐƵƐ ŽŶ ĐƵƐƚŽŵŝnjĞĚ ƐŽůƵƟŽŶƐ ǁŚŝĐŚ ďĞƩĞƌ ĂƩƵŶĞ ŽƵƌ ĐƵƐƚŽŵĞƌƐ͛ ŶĞĞĚƐ ƌĂƚŚĞƌ ƚŚĂŶ ĨŽƌĐŝŶŐ ƚŚĞŵ ƚŽ ĐŚŽŽƐĞ ƐƉŽŶƐŽƌĞĚ ƚŽŽůƐ͘ dZ /E/' ͘^ŝ͘ Ž͛͘Ɛ ĞŶŐŝŶĞĞƌƐ ĂƌĞ ĐĂƌĞĨƵůůLJ ƚƌĂŝŶĞĚ ďŽƚŚ ĨƌŽŵ Ă ƚŚĞŽƌĞƟĐĂů ĂŶĚ ƉƌĂĐƟĐĂů ƉŽŝŶƚ ŽĨ ǀŝĞǁ͕ ƌĞƐƵůƚƐ ŽĨ Ă ƉĂƚŚ ĚĞǀĞůŽƉĞĚ ŽǀĞƌ LJĞĂƌƐ ŽĨ ĞdžƉĞƌŝĞŶĐĞ͘

94

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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IT ENGINEERING SOLUTIONS FOR INDUSTRY PRODUCTIVITY

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AUTOMATION

EFFEBI

(ƪHEL KLJK TXDOLW\ EDOO YDOYHV IURP ,WDO\

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нϮϲϬΣ͘ ŵŽŶŐ ƚŚĞ ŶĞǁ ƉƌŽĚƵĐƚƐ͕ ƚŚĞ ŶĞǁ ƌĂŶŐĞ ŽĨ ďĂůů ǀĂůǀĞƐ ŝŶ ƚŚĞ ƉƌĞƐƐƵƌĞ ĐůĂƐƐĞƐ WEϭϬϬ ĂŶĚ E^/ϲϬϬ ŝŶ ƚŚĞ ǁĂĨĞƌ ĂŶĚ ƐƉůŝƚͲǁĂĨĞƌ ĞdžĞĐƵƟŽŶ͘ dŚĞ ƐŝnjĞƐ ŐŽ ĨƌŽŵ Eϭϱ ƚŽ EϭϬϬ͘ dŚĞ ŵĂƚĞƌŝĂůƐ ĂǀĂŝůĂďůĞ ĂƌĞ ϭϬϱ͕ >&Ϯ͕ /^/ϯϬϰ ĂŶĚ /^/ϯϭϲ͘ hŶĚĞƌ ĚĞǀĞůŽƉŵĞŶƚ ĂƌĞ ĂůƐŽ ƚŚĞ E^/ϲϬϬ ŇĂŶŐĞĚ ďĂůů ǀĂůǀĞƐ͘ ŶĞǁ ƌĂŶŐĞ ŽĨ ƚŚƌĞĂĚĞĚ Žƌ ŇĂŶŐĞĚ ƚŚƌĞĞ ǁĂLJ ǀĂůǀĞƐ ǁŝƚŚ ϰ ƐĞĂƚƐ ŝŶ ŝƐŝϯϭϲ>͕ ŵĂŶƵĂů Žƌ ǁŝƚŚ /ƐŽ ƚŽƉ ŝƐ ĂůƐŽ ĂǀĂŝůĂďůĞ͘ ^ƉĞĐŝĂů ĞdžĞĐƵƟŽŶƐ ŝŶĐůƵĚĞ͗ ƐƚĂŶĚĂƌĚ ƉĂŝŶƟŶŐ ƚƌĞĂƚŵĞŶƚ͕ ƐƉĞĐŝĂů ƉĂŝŶƟŶŐ ƚƌĞĂƚŵĞŶƚ ĂĐĐŽƌĚŝŶŐ ƚŽ ĐƵƐƚŽŵĞƌ͛Ɛ ƐƉĞĐŝĮĐĂƟŽŶƐ͕ njŝŶĐ ƉůĂƟŶŐ ƚƌĞĂƚŵĞŶƚ͕ ĚĞŐƌĞĂƐĞĚ ǀĂůǀĞƐ ĨŽƌ ŽdžLJŐĞŶ͕ ŝŶƚĞŐƌĂů ƐĞĂƚƐ ĨŽƌ ƚŚĞ ĨŽŽĚ Žƌ ƉĂŝŶƚ ŝŶĚƵƐƚƌLJ͕ ƐƉĞĐŝĂů ǀĂůǀĞƐ͛ ŵĂƌŬŝŶŐ͕ ƚĂŐ ŶƵŵďĞƌƐ Žƌ ƉĂĐŬŝŶŐ ĂĐĐŽƌĚŝŶŐ ƚŽ ĐƵƐƚŽŵĞƌ͛Ɛ ƐƉĞĐŝĮĐĂƟŽŶƐ͘ dŚĞ ƉŽƐƐŝďŝůŝƟĞƐ ŽĨ ƐƉĞĐŝĂů ƉƌŽĚƵĐƚƐ ĂůƐŽ ŝŶĐůƵĚĞ ǀĂůǀĞƐ ǁŝƚŚ ŚĞĂƟŶŐ ũĂĐŬĞƚ͕ ŇĂŶŐĞƐ͛ ƐƵƌĨĂĐĞ ĮŶŝƐŚŝŶŐ ĂĐĐŽƌĚŝŶŐ ƚŽ ĐƵƐƚŽŵĞƌ͛Ɛ ƐƉĞĐŝĮĐĂƟŽŶƐ͕ ƐƉŝŶĚůĞ ĞdžƚĞŶƐŝŽŶƐ͕ ůŽĐŬŝŶŐ ĚĞǀŝĐĞƐ͕ ŐĞĂƌ ďŽdžĞƐ͕ ŵŽƵŶƟŶŐ ŬŝƚƐ ĂĐĐŽƌĚŝŶŐ ƚŽ ĐƵƐƚŽŵĞƌ͛Ɛ ĂĐƚƵĂƚŽƌ ĐŽŶŶĞĐƟŽŶ͕ ƌĂǁ ŵĂƚĞƌŝĂůƐ ĨƌŽŵ Es Žƌ >>ŽLJĚ͛Ɛ ĂƉƉƌŽǀĞĚ ĨŽƵŶĚƌŝĞƐ͘ dŚĞ īĞďŝ ƌĂŶŐĞ ĂůƐŽ ŝŶĐůƵĚĞƐ Ă ǀĞƌLJ ǁŝĚĞ ƌĂŶŐĞ ŽĨ ĞůĞĐƚƌŝĐĂůůLJ Žƌ ƉŶĞƵŵĂƟĐĂůůLJ ĂĐƚƵĂƚĞĚ ďĂůů ǀĂůǀĞƐ͕ ŝŶ ďƌĂƐƐ͕ ƐƚĞĞů ĂŶĚ ƐƚĂŝŶůĞƐƐ ƐƚĞĞů͕ ŝŶĐůƵĚŝŶŐ ĂĐĐĞƐƐŽƌŝĞƐ ůŝŬĞ ƐŽůĞŶŽŝĚ ǀĂůǀĞƐ ;ƐƚĂŶĚĂƌĚ Žƌ d yͿ͕ ůŝŵŝƚ ƐǁŝƚĐŚĞƐ ;ƐƚĂŶĚĂƌĚ Žƌ d yͿ͕ ĞůĞĐƚƌŽ ƉŶĞƵŵĂƟĐ ƉŽƐŝƟŽŶĞƌƐ͕ ƉƌĞƐƐƵƌĞ ƌĞĚƵĐĞƌƐ͕ ĞŵĞƌŐĞŶĐLJ ŐĞĂƌ ďŽdžĞƐ ĂŶĚ ĞŵĞƌŐĞŶĐLJ ďĂƩĞƌŝĞƐ͘ ůƐŽ ĐŽŵƉĂĐƚ ĞůĞĐƚƌŝĐ ĂĐƚƵĂƚŽƌƐ ĨŽƌ ƐƉĞĐŝĂů ĞdžĞĐƵƟŽŶƐ ĐĂŶ ďĞ ŽīĞƌĞĚ͘

AUTOMATION

ARTICLE

ModBus wiring systems for process control and automation The increasing use of automation and process control systems within electrical and technological plants for a better management of industrial processes has prompted circuit-breaker manufacturers to implement bus communication interfaces with control equipment such as PC, PLC or SCADA and safety control on the electronic trip units.

The use of automation and process control systems has changed the management of the electrical and technological systems, and has led circuit-breaker manufacturers to implement bus communication interfaces with control equipment such as PC, PLC or SCADA on the electronic trip units. In fact, ModBus RTU and other fieldbus systems such as AS-Interface, DeviceNet and Profibus DP represent a good technical solution for this specific plant design.

Circuit-breakers are thus used not only for switching and safety reason but also for the supervision and control of electrical distribution systems.

The industrial management in the process industry requires that all devices in a data transmission network communicate with each other, and this requires two distinct types of activity: on the one hand, the exchange of data between personal computers, in a company or a firm, linked through a LAN network; on the other hand, the transmission of data and commands between a control system and the field devices (sensors and actuators) of an automation system.

It should be noted that the second requirement is part of the AS-Interface definition protocol while the first requirement is specific for ModBus.

Armando Zecchi

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

In order to manage the data traffic over the network and to allow understanding between two communicating devices, a communication protocol is necessary. It should be remembered that the communication protocol is the set of rules and behaviours that two elements must comply with tin order o interchange information between each other. It is a protocol between the communication partners. As already written in other articles of this series focusing on the fieldbus, with particular attention to ModBus, I have already pointed out that the protocols used to interconnect different devices in industrial applications are countless and vary according to the communication requirements of each application, such as: the quantity of data to transmit, the number of involved devices, the characteristics of the environment where the communication takes place, time restrictions, data criticality, error control.

ModBus plot

Circuit-breakers are thus used not only for switching and safety reason but also for the supervision and control of electrical distribution systems.

Fieldbus communication (Modbus RTU, Profibus DP and DeviceNet) has specific rules for the RS232 interfaces and for the Modbus network, referring to the RS485interface, for the solution of integrated switches and other power devices in Ethernet networks with Modbus/TCP protocol.

The process management requiring the communication between all devices in a data transmission network implies the exchange of data between computers by connecting them to a LAN2 network. The transmission of data and commands between a control system and the field devices (sensors and actuators) of an automation system must also be ensured for the management of an industrial process.

Bus connection type

In this article, we will focus on the industrial communication protocols used in the fieldbus, i.e. the networks used for exchanging information between a control system and other field devices (sensors and actuators with an advanced communication interface which interact directly with the physical process to be kept under control).

In particular, the concepts of communication, supervision and control shall be applied to the management of the low voltage electrical energy distribution installations thanks to Industry 4.0 and Automation 4.0.

Communication protocols The protocols currently used in industrial communications are rather sophisticated.

In order to simplify their description, they are usually classified according to their functioning levels. Each protocol has three levels: a physical layer, a data link layer and an application layer. Each layer describes a specific aspect of the functioning of the communication. The physical layer specifies the connection between the different devices from the point of view of the hardware and describes the electrical signals used to transmit the bits from one device to the other; for instance, it describes the electrical connections and the wiring systems, the voltages and the currents used to represent the bits 1 and 0 and their duration. In the industrial protocols, the physical layer is generally one of the standard interfaces type RS-232, RS-485, RS-422.

The data link layer describes how the bits are first grouped into characters and then into packets, and how errors can be detected and possibly corrected. If necessary, it also defines the priorities to comply with in order to gain access to the transmission medium.

The application layer describes what data are transmitted and what is their meaning with reference to the process under control. At this level it is specified which data shall be contained in the data packets transmitted and received, and how they are used.

In general, these layers are independent one from the other. Without aiming at a thorough description of the existing protocols, we would like to point out some characteristics of the communication systems through a brief description of the above-mentioned layers.

The physical layer When taking into consideration the physical layer it is possible to distinguish between: wireless systems, which use as physical medium radio waves, infrared rays or luminous signals which are propagated in free space, and wired systems where signals are transmitted over cables (or optical fibres).

Among the latter, there are point-to-point cabling systems, in which each section of the cable connects two devices and works exclusively for the communication between them (a typical example is represented by the cable that connects a PC to a printer). This transmission can be full duplex, if data can be transmitted in both directions at the same time, or half duplex allowing the transmission of signals in both directions only alternately. Moreover, there can be multi-drop cabling systems in which many devices share the same communication cable in parallel. Among the multi-drop systems, those with bus connection are particularly important since the main cable without stubs or with very short stubs connects in parallel all the devices concerned.

Interface and industrial networking solutions In industrial networks, the mostly used physical layer interfaces are RS-232 for point-to-point connections and RS-485 for multipoint connections.

Physically speaking, the RS-232 interface is so common in personal computers to be known as â&#x20AC;&#x153;serial portâ&#x20AC;?. It s an asynchronous point-to-point serial communication system allowing full-duplex operation. It is worth remembering that point-to-point means that only two devices can be interconnected according to this mode. Each character flowing over the serial cable consists of one or more start bits to inform the receiving device about the arrival of a new character (since for the asynchronous interface it is not possible, for the receiving device, to know when a character has been transmitted and therefore it is necessary to signal it in advance), a certain number of data bits (for example 8). The bits are transmitted as voltage values from the transmission terminal (Tx) of one device to the receiving terminal (Rx) of the other device. The voltages refer to a common ground conductor (GND) connected to the homonymous terminal of the two devices. The serial interface is configured to transmit a certain number of bits per second (bps or baud). The transmission speeds are standardized and by tradition multiples of 300 bits per second are used. For example, a device could transmit at 9600, 19200 or 38400 baud, or bits per second. In order to communicate correctly, it is essential that the two devices use the same settings: baud rate, number of data bits, start and stop bits, whether or not the parity bit shall be used, and, if used, the mode (even or odd). If this does not occur, no character is recognized correctly making the data transmission impossible.

Connection between two RS232 ports

The RS-485 interface differs from the RS-232 in its electrical and connection characteristics.

Its main advantages are: the possibility of making multidrop4 connections between more than two devices and the best immunity from electrical disturbances. These characteristics make RS-485 the most widely used interface. In principle, in a multidrop connection, the devices are connected in parallel to a main cable. The EIA/TIA-485 "Differential Data Transmission System Basics" is the document describing the RS485 standard, to which all manufacturers refer. The signals used are differential; that is, the bits are represented by the voltage difference between Data+ and Data-. The conductors are twisted and kept near each other to ensure that electrical disturbances affect them with equal intensity, so that the voltage difference is altered as little as possible. When a device is not transmitting, it prepares for "reception", showing a high impedance on the communication port. The RS-485 standard specification (EIA/TIA-485) sets some limits on the input impedance and sets requirements on the voltage/power that each device must be able to transfer over the line when transmitting data. In particular, in accordance with the requirements of the reference standard, correct data transmission is possible if more than 31 "receiving" devices are connected to the line.

Therefore, according to the standard, RS-485 guarantees that the communication can be carried out correctly with a maximum number of 32 devices connected to the bus; and in each communication cycle, one device is "in transmission mode" and the other 31 are "in reception mode". In fact, since all the devices are connected in parallel on a single bus, only one at a time can transmit, otherwise the signals overlap and become unrecognisable. The RS- 485 interface does not include any mechanism to define which device is allowed to transmit; this task is assigned to the higher levels of the protocol used. The structure of each character transmitted, its duration and the possibility of transmission configuration are the same as those seen above for the RS-232 serial; for example, a transmission can be set at a speed of 19200 baud, with 1 start bit, 1 stop bit and a parity bit used, for example, in "even" mode. All devices connected to the same bus must have the same settings in order to communicate with each other in an industrial environment, from the first versions of Modbus (60's) to the most modern Modbus RTU, Profibus-DP, DeviceNet, CANopen and As-Interface. In RS485, all the devices are connected in parallel on a single bus made up by two conductors, called: Data+ and Data-, or A and B or Data1 and Data2 according to the different manufacturers of the devices.

connection of devices via RS 485 interface

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The data link layer Regarding the data link level, we refer to master-slave protocols when one device (the master) has the task of controlling and managing the communication with all the other devices (slaves). We speak instead of peer-to-peer systems when this hierarchy does not exist and the devices access the medium of communication equally (in this case the protocol includes the procedures to manage the shifts and the access priorities to the communication medium; a classic example is Ethernet).

Among the most used communication protocols there are: - Modbus RTU, the most common connection protocol for electronic-industrial devices; - Profibus-DP, used for field communication with intelligent sensors and actuators, generally with fast and cyclical data exchange between field equipment and controllers; - DeviceNet, also used for the interface between field devices and controllers (PC, PLC); - AS-i, for communication with very simple sensors, such as limit switches or switching devices (e.g. buttons), actuators and intelligent systems.

The application layer The application layer gives a meaning to the transmitted data; i.e. it associates commands (e.g. open/close the circuit-breaker) or a number (e.g. voltage values) with the data in binary format interchanged by the devices through the communication network. For example, suppose you use the Modbus protocol for remote reading of the current values stored in a switch equipped with a trip unit. Each trip unit stores the values of the quantities and of the parameters in special registers; these registers can be reading-only (e.g. register of current measurement) or reading/writing (e.g. register for setting the curves and the trip thresholds of the protections). The memory map is defined by the manufacturer, who decides which register associate with the data read by the circuit-breaker and also decides which parameters and setting shall be transmitted via serial communication. When the master unit (e.g. a PC) wants to read the current values, it sends a message to the circuit-breaker containing: the number of the registers where to read the data (the measured quantities are associated with the register number); the type of operation to be carried out (e.g.: reading the values contained in the register). The slave unit (in this case the circuit-breaker) responds by sending the requested values to the master. These values are then shown to the operator in a comprehensible format through the user interfaces of the supervision software and application programs that facilitate the presentation of the information and of the data coming from the controlled process.

Compatibility between layers In industrial communication, all the different devices exchanging information must use the same protocols on all the layers involved. For example, ABB SACE circuit-breaker use the Modbus RTU protocol on RS-485. However, there are also industrial devices that use Modbus RTU on RS-232 or Profibus-DP on RS-485. From a point of view aimed at the the integration between traditional installation technology and control systems, in order to centrally and automatically manage, control and monitor civil and industrial plants, the electrical installation can be considered to be influenced by two flows: a main flow (energy flow) consisting of the power and energy that, through the line conductors and the switching and protection equipment, is delivered to the users and the loads of a plant; a digital flow consisting of all the information, data and commands useful for the control and management of the plant. The supervision system manages this information flow passing over the communication network. Depending on the extension and complexity of the systems to be managed, it is possible to create supervision systems with different architectures, from the simplest (two-layer architectures) to the most complex (multi-layer architectures).

The control level consists of the supervision, control and data acquisition system (SCADA: Supervisory Control and Data Acquisition).

In the simplest applications this level includes a computer on which the software for data acquisition, control or supervision of the plant are installed. At this level the data transmitted by the sensors are acquired, displayed and processed, and the commands are sent to the actuators. In this way, from a single location, an operator can monitor the status of the entire plant and carry out the necessary operations to ensure its efficiency and correct operation.

Level of control Generally speaking, in the applications which combine the management of the electrical distribution plant and the process management, the control level consists of the control processor which supervises the automation system of the whole industrial process.

The field level consists of the field devices equipped with a communication interface (sensors, actuators and protection circuit-breaker equipped with special trip units) installed in the electrical system, which interact directly with the latter and connect it to the control level.

The main functions of the field level are: 1) Sending the system data (e.g. currents, voltages, energies, state of the circuit-breaker, etc.) to the control level; 2) actuating the commands (e.g. open/close) received from the control level.

The two levels communicate via a bus communication network. The information (e.g. measured values) transmitted from the field level to the control level and the commands, which travel in the opposite direction, constitute the informative flow passing over the bus.

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Supervision of the electrical distribution systems In the field of energy distribution, communication and dialogue between protection devices are made possible by the microprocessor-based trip units equipped with the Modbus communication interface. The use of these trip-units allows automatic circuit-breakers to exchange data with other electronic devices through a communication bus and to interact with the supervision systems for the computer-based management of low voltage electrical installations; to integrate the management of the electrical distribution system with the automation systems of an entire factory or industrial process; for instance, to integrate the information (currents, voltages and powers) coming from the circuit-breakers which protect the motors, the auxiliary circuits and the power supply line of the electrical furnaces of a steelwork with the information and the data relevant to the physical quantities (e.g. pressure and temperature) involved in the management of the entire process. In this way, the circuit-breaker equipped with Modbus interface, in addition to carrying out the classic function of protecting the plant against overcurrents and supplying energy to the loads, also takes the function of field device of the supervision system functioning both as transmitter as well as actuator.

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For example, the use as a transmitter makes it possible to keep under control the electrical energy consumption and to improve the management of the electrical distribution system. The energy consumptions of an electrical system which supplies a definite manufacturing process can be controlled, stored and analysed with the purpose of reducing the power consumption in real time by disconnecting the non-priority loads if the effective drawn power exceeds the maximum contractual power so as to avoid the payment of penalties to the power supply authority; identifying the type of electrical power supply contract which is most suitable and compatible with the real requirements of the plant through a continuous control and an analysis of the energy withdrawal. Thanks to the information provided by circuit breakers it is possible, for example, to: keep under control the electricity distribution system and allow the optimal functioning of the industrial process it supplies; check that the main electrical quantities are within their nominal values and that the plant is operating correctly.

In this way it is possible to control that the electrical supply has a good quality level: to control the alarm signals of the circuit-breakers in order to prevent situations of anomalous operation, faults and the consequent tripping of the protections, with the aim of reducing to a minimum inefficiencies and down times; to have targeted information about the fault causes in a definite section of the electrical plants. For instance, such causes can be determined by storing and analyzing the phase currents.

With this type of information a statistical survey of the occurred abnormal conditions is possible, thus allowing a statistical study on the fault causes; to know the diagnostics data of the protection devices (e.g. percentage of contact wear) in order to schedule preventive maintenance compatible with the working cycle of the supplied process, so as to limit to a minimum the down times and guarantee service continuity for the installation. Moreover, the use of circuit-breakers as transmitters of the supervision system, makes it possible measuring of the main electrical quantities of the plant (currents, voltages, powers) without using dedicated instruments. The above involves cost savings in terms of purchase costs of equipment and moreover it allows saving space inside the distribution switchboards since it is not necessary to install inside it the sensors to be interfaced with the control system.

The switch as sensor and actuator of a supervisory system The supervision of the electrical distribution systems allows to send to a remote system the alarm signals of the protections, the information related to the switch (e.g. status and position) and the measures made available by the trip unit. It is then possible to receive from a remote supervision system the commands (opening and closing of the circuit breaker) or the settings of the protection functions, thus implementing the remote control. In order to carry out the remote control, i.e. the mechanical actuation of the remote opening and closing commands, the circuit breakers, in addition to having a communication module, must also be equipped with an opening release, closing release and a geared motor for the automatic charging of the closing springs.

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Measurements The available measures depend on the type of the trip unit used and on the presence or absence of the measurement module.

The module allows the disconnectors to make available, in addition to the measurement of currents, also other electrical quantities of the system such as the power. The measured quantities can be sent to the remote supervision system. All the commands from remote control (through the bus) can be disabled by setting the trip unit to local mode.

A practical example: ABB solution for bus communication The low voltage circuit breakers E2, E3, E4 and E6, belonging to the SACE Emax DC series for electrical distribution plants, are equipped with the PR122/DC or PR123/DC trip units and can be integrated into communication systems, with Modbus RTU fieldbus, for the supervision and control of electrical distribution plants with a voltage up to 1000V. A communication module is used for the connection to the Modbus network, while a measuring module is usually supplied for the trip unit of this series.

Wiring technique of a ModBus bus system (ABB Sace)

An example of Modbus system functioning The traffic of information on the bus is managed through a procedure type Master/Slave with a PC or PLC as Master and the circuit-breakers as Slaves. The Master defines all the traffic on the bus and only the Master can start the communication. It transmits data and/or commands to the Slaves and requires them to send the data in their turn. The Slaves transmit on the network only when required by the Master. The Slaves cannot communicate between them directly: for example, in order to transfer data from one Slave to another, it is necessary that the Master reads the data from the first Slave and then transfers it onto the second one. However, in the application context of ABB SACE circuit-breakers this operation is never necessary.

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The communication sequence between each circuit-breaker (Slave) and the PC (Master) occurs as follows: the PC sends a command or a query on the bus 2) the queried circuit-breaker sends a response by performing the command received. It contains the identifier of the switch to which the communication has been sent and therefore, although the transmission is received by all the devices connected to the network, only the concerned device will respond with the appropriate action that can be to execute the command received, provide the requested data or inform that the request can not be satisfied.

The circuit-breakers are queried by the PC with cyclic polling, that is cyclically one after the other, so that the complete scanning of the plant is carried out within a predictable time (polling time). For supposing we want to read the current values from 6 Tmax circuit-breakers equipped with the electronic trip unit PR222DS/PD.

A ModBus application example (ABB Sace)

For the communication sequence between each circuit-breaker and the PC, the following times are assumed: - query time tQ (time necessary for the PC query to the circuit-breaker): 7 ms - time interval, Dt, between query and response: 43 ms - response time tR (time necessary for the circuit-breaker response to the PC): 9ms.

Under these suppositions, the query time for each circuit-breaker is about 59 ms and, considering it constant for all the circuit-breakers, the polling time for each communication cycle shall be about: 59 Ă&#x2014; 6 = 354 ms.

When calculating the polling time, the processing time of the PC, tPC, - that is the time elapsing between the end of the RESPONSE of a circuit-breaker and the start of the QUERY sent by the PC to the next circuit-breaker - is considered negligible.

AIn order to implement a communication network between several communicating slaves in Modbus RTU, whether they are measuring modules, protection circuit-breakers or temperature control units, it is essential to have the possibility to set the same communication parameters on all the devices available in the network. These parameters are: data transmission speed (baud rate), data parity bit, stop address bit of each slave.

Once the same data transmission speed has been set, parity bit and stop bit, and having identified each slave with its own unique address, it is possible to proceed with the acquisition of information from the master.

MODBUS solutions SENECA, leading company from Vicenza in the automation industry, offers several solutions for ModBus application. For example, the Z-PC ModBUS series is a modular automation system for signal management up to thousands I/Os. The series includes the widest variety of I/O modules: digital inputs, fast counters, digital relay and mosfet outputs, analog channels (mA, V,Ohm, mV), strain gauge, RTDs, thermocouples.

With 1 module it is possible to acquire up to 24 digital and 8 analog signals. The DIN rail modular bus support is available in 1, 2, 4, 8 slot format. The modules are Hot-Swap type, i.e. hot-swappable, without power and communication interruption. The system is completed by a wide range of interfaces and network interconnections to expand the configuration. Physical access is based on half-duplex serial transmission. The electrical interface allows point-to-point or multipoint connections.

PLC connection and TCP-IP Modbus fieldbus Modules via Gateway (Seneca)

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ModBus's Z system (Seneca)

The maximum length of the connection depends on the baud-rate, the electrical noise of the installation environment, the type and quality of the cable. Operation of up to 1.2 km is normally guaranteed, without the use of repeaters. The modules of the Z-PC ModBUS series have -3way galvanic isolation between the input and output phases of the multi-channel power supply up to 1.5kVac. This eliminates differences in potential from long cables and common reference points. Galvanic isolation also protects against voltage damage, and inductive and capacitive interference.

R-KEY-LT is a compact and robust Modbus gateway that converts from Modbus TCP-IP protocol to Modbus RTU/ASCII and vice versa. It supports up to 8 Modbus TCP-IP clients at the same time, with up to 10 Modbus TCP-IP servers. With this model, serial Modbus slave devices can be integrated into an existing Modbus TCP-IP network, as well as Modbus TCP-IP slave devices can be made accessible to serial masters. R-KEY-LT can be configured via web server and software. It has Vac/dc power supply on the same hardware, insulation 1.5 kVac, extended temperature range. The device can also be powered via 230 Vac power supply unit.

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gateway Seneca per collegamento ModBUS TCP ModBus RTU/ASCII

Seneca gateway for ModBUS TCP ModBus RTU / ASCII connection

INDUSTRIAL TECHNOLOGY editorial office

AUTOMATION

GIMAX 3D

Gimax3D, a leading company particularly in the production of FFF technology 3D printers

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^K&dt Z х ^ŝŵƉůŝĨLJϯ

&Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ŝŶĨŽΛŐŝŵĂdžϯĚ͘ĐŽŵ ͮ ǁǁǁ͘ŐŝŵĂdžϯĚ͘ĐŽŵ

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

THE FUTURE IS IN THE HANDS OF PEOPLE LOOKING AHEAD

GIMAX3D SNC

VIA SIENA 9/1 59013 – MONTEMURLO – PRATO – ITALY TEL.0574985270 WWW.GIMAX3D.COM GIANNI@GIMAX3D.COM

AUTOMATION

OP

O+P is a leading manufacturer of hydraulic pipeline equipment

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116

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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Agreement at Siemens on measures to boost competitiveness

AUTOMATION

PRESS

Munich, September 24, 2018 - Siemens and the company’s Central Works Council have signed a reconciliation of interests based on the framework agreement reached in May. The goal is to increase the competitiveness of the Power and Gas Division (PG) and the Process Industries and Drives Division (PD). At PG alone, costs are to be reduced – as originally planned – by about €500 million worldwide, with €270 million of this amount to be saved in Germany. Around 2,900 jobs will be cut in Germany instead of the roughly 3,400 announced last November. This reduction in job cuts is due, above all, to the continuation of the location in Görlitz, Germany, and the retention of activities at the Dynamowerk, a Siemens production facility in Berlin. However, the measures are not restricted to capacity adjustments alone. Instead, they are primarily designed to achieve structural improvements and systematically sharpen the company’s focus on the technologies of the future.

“The market for fossil power generation has contracted substantially. Against the backdrop of this structural change, the agreement we’ve reached is critical to improving our competitiveness. We now have to implement the measures quickly,” said Lisa Davis, member of the Managing Board of Siemens AG. “In the past few months, market forecasts have again worsened considerably. The job cuts agreed upon with the employee representatives are only one of the measures urgently necessary to improve our cost position. With the reconciliation of interests, we’ve also reached an agreement on structural changes and new opportunities for several locations,” said Janina Kugel, Chief Human Resources Officer and member of the Managing Board of Siemens AG. The Görlitz location, for instance, will be retained and expanded to become the global center for the company’s industrial steam turbine business. To increase competitiveness and close the existing cost gap, plans call for reducing the location’s workforce by about 170 jobs.

The gas turbine plant and the Dynamowerk in Berlin as well as the factory for large steam turbines in Mülheim, Germany, have been impacted particularly strongly by the market’s structural transformation. Price pressure and the competitive situation have worsened dramatically, resulting in substantial overcapacities and high fixed costs. Consequently, these plants will be restructured, and the competencies of each will be bundled. Berlin will become the worldwide center of competence for large gas turbines. Mülheim will become the center of competence for large steam turbines and specialize as well in the production of large electric motors. As planned, the engineering activities at the Dynamowerk in Berlin will be retained, and production there will be focused on innovation topics – for example, the 3D printing of winding heads, high-voltage spray insulation and phase-change cooling. In the future, the small generators that have been produced in Berlin will be manufactured in Erfurt, Germany. In Berlin, a total of about 270 jobs will be cut at the gas turbine facility and a further 430 at the Dynamowerk. Around 600 jobs will be cut in Mülheim.

The Erfurt location will undergo fundamental restructuring. To create a futureoriented portfolio, the location will concentrate on small generators. Other product lines will be discontinued or moved elsewhere. In total, these measures will result in a reduction of about 200 jobs.

For the factory in Leipzig, Germany, a sale is now the preferred option.

Duisburg, Germany, will be established as the European headquarters for DresserRand activities and expanded to become a central service location. Due to the difficult market environment, however, some of its engineering and production activities will be moved to other locations. In total, these changes will result in a reduction of about 220 jobs.

PG’s solution business in Erlangen and Offenbach, Germany, will be downsized due to the weak market situation. The Offenbach location will be closed, but key core activities will remain in Germany’s Rhine-Main area. In total, around 870 of the jobs at these two locations will be cut, about 370 of which are in Offenbach.

The approved measures will now be implemented in Germany. As agreed upon in the future pact that the company signed in May with its Central Works Council and the IG Metall labor union, Siemens will also continuously invest in the further education of its employees. The company already spends around €500 million a year on training and further education.

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Axiotek, measuring instruments for hardness tests dŚĂŶŬƐ ƚŽ ŽƵƌ ĐŽŶƐŝĚĞƌĂďůĞ ĞdžƉĞƌŝĞŶĐĞ͕ ǁĞ ǁŽƌŬ ŝŶ ƚŚĞ ǁŚŽůĞ ĮĞůĚ ŽĨ ŵĞĂƐƵƌŝŶŐ ŝŶƐƚƌƵŵĞŶƚƐ ƚŽ ĐĂůĐƵůĂƚĞ ƚŚĞ ƉƌŽƉĞƌƟĞƐ ŽĨ ŵĂƚĞƌŝĂůƐ͕ ǁŝƚŚ Ă ƐƚƌŽŶŐ ƐƉĞĐŝĂůŝnjĂƟŽŶ ŽŶ ŚĂƌĚŶĞƐƐ ƚĞƐƚĞƌƐ ŵĂŶƵĨĂĐƚƵƌŝŶŐ͘ tĞ ĚĞƐŝŐŶ ĂŶĚ ƉƌŽĚƵĐĞ ŐƌŽƵŶĚďƌĞĂŬŝŶŐ ŵĂĐŚŝŶĞƐ ƚŽ ŵĞĂƐƵƌĞ ƚŚĞ ŚĂƌĚŶĞƐƐ ŽĨ ŵĂƚĞƌŝĂůƐ ;ZŽĐŬǁĞůů͕ ƌŝŶĞůů͕ sŝĐŬĞƌƐ͕ DŝĐƌŽsŝĐŬĞƌƐ͕ <ŶŽŽƉ͕ ^ŚŽƌĞ͕ /Z, ͕ ĞƚĐ͘Ϳ ĂŶĚ ĞǀĞŶ ƚŽ ĐĂůĐƵůĂƚĞ ĂƐĞ ,ĂƌĚŶĞƐƐ ĞƉƚŚƐ͘ KƵƌ ƐƚƌĞŶŐƚŚ ŝƐ ďĞŝŶŐ ĂďůĞ ƚŽ ĐƌĞĂƚĞ ĐƵƐƚŽŵŝnjĞĚ ƐŽůƵƟŽŶƐ ĨŽƌ ĂŶLJ ƚLJƉĞƐ ŽĨ ŶĞĞĚ͗ ĨƌŽŵ ďĞŶĐŚ ƚŽ ƉŽƌƚĂďůĞ ŚĂƌĚŶĞƐƐ ƚĞƐƚĞƌƐ ƵƉ ƚŽ ƐƉĞĐŝĂů ŝŶƐƚƌƵŵĞŶƚƐ ʹ ĚĞǀĞůŽƉĞĚ ƉƵƌƉŽƐĞůLJ ĨŽůůŽǁŝŶŐ ĐƵƐƚŽŵĞƌƐ͛ ƌĞƋƵĞƐƚƐ͘ tĞ ĂůƐŽ ŽīĞƌ ĐŽŶƐƵůƚĂŶĐLJ͕ ƚĞĐŚŶŝĐĂů ĂƐƐŝƐƚĂŶĐĞ͕ ŵĂŝŶƚĞŶĂŶĐĞ͕ ŵĞĂƐƵƌŝŶŐ ŝŶƐƚƌƵŵĞŶƚƐ ƌĞƉĂŝƌ ĂŶĚ ĐĂůŝďƌĂƟŽŶ ĂĐĐŽƌĚŝŶŐ ƚŽ ŝŶƚĞƌŶĂƟŽŶĂů ^dD ĂŶĚ /^K ƐƚĂŶĚĂƌĚƐ͘ KƵƌ ƉƌŽĚƵĐƚƐ ʹ ŝŶĐůƵĚŝŶŐ ƚŚĞŝƌ ŵĞĐŚĂŶŝĐĂů͕ ĞůĞĐƚƌŽŶŝĐ ĂŶĚ ƐŽŌǁĂƌĞ ĐŽŵƉŽŶĞŶƚƐ ʹ ĂƌĞ ĐŽŵƉůĞƚĞůLJ ŝŶǀĞŶƚĞĚ͕ ĚĞƐŝŐŶĞĚ ĂŶĚ ŵĂŶƵĨĂĐƚƵƌĞĚ ŝŶ /ƚĂůLJ ƵƐŝŶŐ ůĂƚĞƐƚ ƚĞĐŚŶŽůŽŐŝĐĂů ƐLJƐƚĞŵƐ ĂǀĂŝůĂďůĞ͘ /Ŷ ŽƵƌ ƉůĂŶƚ͕ ŚŝŐŚůLJͲƐŬŝůůĞĚ ǁŽƌŬĞƌƐ ĞŵƉůŽLJ ĐƵƫŶŐͲĞĚŐĞ ŵĂĐŚŝŶĞƌLJ ĂŶĚ ƐƵĐĐĞƐƐĨƵůůLJ ĐŽŽƉĞƌĂƚĞ ƚŽ ƌĞĂĐŚ Ă ĐŽŶƟŶƵŽƵƐ ŝŵƉƌŽǀĞŵĞŶƚ͘ WŽƌƚĂďůĞ ŵĂŐŶĞƟĐ ŚĂƌĚŶĞƐƐ ƚĞƐƚĞƌƐ KƵƌ ǁŝĚĞ ƌĂŶŐĞ ŽĨ ŝŶƐƚƌƵŵĞŶƚƐ ŝŶĐůƵĚĞƐ ƚŚĞ ĮƌƐƚ ƉŽƌƚĂďůĞ ŵĂŐŶĞƟĐ ĂŶĚ ĂƵƚŽŵĂƟĐ ŚĂƌĚŶĞƐƐ ƚĞƐƚĞƌ ĨŽƌ ZŽĐŬǁĞůů͕ ^ƵƉĞƌĮĐŝĂů ZŽĐŬǁĞůů͕ ƌŝŶĞůů ĂŶĚ sŝĐŬĞƌƐ ƚĞƐƚƐ͘ dŚĂŶŬƐ ƚŽ ŝƚƐ ŵĂŐŶĞƟĐ ĐůĂŵƉŝŶŐ ďĂƐĞ͕ ŝƚ ŝƐ ƉŽƐƐŝďůĞ ƚŽ ƉĞƌĨŽƌŵ ŽŶͲƐŝƚĞ ƚĞƐƚƐ ĚŝƌĞĐƚůLJ ŽŶ ƉŝƉĞƐ͕ ǀĂůǀĞƐ͕ ĞƚĐ͕͘ ŝŶ ĂŶLJ ĚŝƌĞĐƟŽŶ ʹ ĞǀĞŶ ǁŝƚŚ ƚŚĞ ĚĞǀŝĐĞ ƚƵƌŶĞĚ ƵƉƐŝĚĞ ĚŽǁŶ͘

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Preventing pipeline corrosion through cathodic protection Corrosion, to the point of material destruction due to environmental aggressive factors, constitutes a real threat to the pipelines. Its estimated cost can count for about 4% of an industrialized countryâ&#x20AC;&#x2122;s GDP. Only 20-30% of this quota is considered inevitable because it refers to the costs of sustainability and safety. But a considerable amount of money could be saved by avoiding structural damage and leaks.

Indirect costs must be added to the calculation of costs directly related to corrosion. First of all the consumption of steel. About 40% of the steelâ&#x20AC;&#x2122;s world production, which stood at 1.691 billion tons in 2017, goes to repair corrosion damage.

In addition to that, both energy consumption due to maintenance, and the costs of damages due to malfunctions and related services suspension must be added to the assessment of non-direct damages. Pipeline corrosion also increases the danger of spreading hazardous and polluting elements in the environment, particularly in the sea and in the groundwater. Corrosion can be responsible of immense tragedies. One example is the series of explosions that rocked Guadalajara, Mexico, on April 22, 1992, killing more than 200 people and making 1000 buildings collapse, originated by the corrosion of a section of the gas pipes, triggered by a leak in the overlying aqueduct.

Valeria Menecchini Journalist

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During the corrosion process, the oxygen atoms join the iron forming iron oxide. Thus, any system of passive protection such as paint, zinc and plastic coatings functions as long as the entire surface remains intact. A microscopic damage is enough to start the corrosion process.

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

During the corrosion process, the oxygen atoms join the iron forming iron oxide. Thus, any system of passive protection such as paint, zinc and plastic coatings functions as long as the entire surface remains intact. A microscopic damage is enough to start the corrosion process.

More effective methods for preventing and reducing corrosion are based on the ability of metals to be immune from corrosion when they are in thermodynamic equilibrium with the material that contains it. The immunity status persists as long as the metal keeps a cathodic behavior in connection to other metals surrounding it, or to the external environment, meaning that at any point in the structure the potential is equal to or minor than the immunity threshold.

This is the feature upon which cathodic protection is based. The process stems from the principle, discovered in 1824 by Humphy Davy, introducing an overvoltage that causes a variation in the potential by supplying a pair of metals with an external electric power. All this can be achieved by putting in place an electric circuit between the pipelines and the ground, such that it can provide the entire pipeline of a continuous, wandering in the ground and suitably dispersed power, making sure that the power itself will eventually leave the pipeline in specific points of return through one or more metallic conductors of the aforementioned electrical circuit.

The most common applications of this technique are metal structures that can be found in the natural environment, such as transport networks, distribution and storage of gas, oil pipelines, aqueducts, oxygen pipelines, metal tanks, reinforced concrete structures, harbors and offshore structures.

The system is an active one, requiring the electric power to go through the metal structure, and then be distributed. When in contact with water or soil, the electricity combines with oxygen-containing elements, making them neutral. Cathodic protection is therefore an effective and inexpensive choice.

Cathodic protection can be realized in two ways: the first, also known as galvanic coupling, uses sacrificial anodes of a less noble material and is suitable for short piping sections. The second method, that exploits a continuous power supply, is more suitable for large installations.

The first method involves the use of less noble materials such as zinc, aluminum or magnesium, which acts as an anode and, once connected to the pipes through an insulated cable, is subjected to corrosion in place of the pipe. The choice of anodic materials depends both on the nature of the metal that needs to be protected and on the resistivity of the environment in which the structure is placed.

The second method involves providing power, generated by a 24 Vdc power supply, this way allowing the value of the pipe / ground (or salt water) voltage to remain constant.

The power supply provides direct current electricity whose voltage values must be such as not to damage the pipelineâ&#x20AC;&#x2122;s coating nor interfere with other existing structures. The negative pole is connected to the structure that needs the protection, hence becoming the cathode, while the positive pole is connected to an earth electrode sized according to the power to be supplied, to the duration, to the consumption to which it is subjected and to the resistivity of the environment. The choice of the earth electrode depends on what kind of environment weâ&#x20AC;&#x2122;re operating in, how deep, and on the goal of minimize the actions needed to guarantee its efficiency over time.

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To complete the structure, a control and management remote system can be put in place, allowing a timely intervention in case of failure and thus guarantee maximum efficiency and safety. The remote control system can be programmed in order to perform measurements of voltage and power, to store data and to send the report of the minimum, average and maximum values found on a daily basis to a central server.

This control room can also periodically send a report containing all the voltage and power values recorded in one day, with a sampling interval of one second. The data collected on the server are processed by a management system that generates alarms in case of anomaly and provides statistical treatments of the structureâ&#x20AC;&#x2122;s status.

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)LOWHF D JOREDO EHQFKPDUN FRPSDQ\ LQ the plastic world &ŝůƚĞĐ ŝƐ Ă ŐůŽďĂů ďĞŶĐŚŵĂƌŬ ŝŶ ƚŚĞ ǁŽƌůĚ ŽĨ ƉůĂƐƟĐƐ ƉĞůůĞƟnjŝŶŐ͘ /ƚ ƌŽŽƚƐ ĂƌĞ ŝŶ ƚŚĞ EŽƌƚŚͲ ĂƐƚ ŽĨ /ƚĂůLJ͕ ƚŚĞ ŽƵŶƚƌLJ͛Ɛ ŵŽƐƚ ŝŶĚƵƐƚƌŝĂůŝnjĞĚ ĂƌĞĂ͕ ďƵƚ ŝƚƐ ǀŽĐĂƟŽŶ ŝƐ ŐůŽďĂů͘ &ŝůƚĞĐ ǁĂƐ ĨŽƵŶĚĞĚ ŝŶ ϭϵϵϯ͕ ďLJ ƚĞĐŚŶŝĐŝĂŶƐ ǁŝƚŚ ƐŬŝůůƐ ŝŶ ĐƵƫŶŐ ƐLJƐƚĞŵƐ ĨŽƌ ŵŽůƚĞŶ ƉůĂƐƟĐƐ͘ dŚĞŝƌ Ăŝŵ ǁĂƐ ƚŽ ĐŽŶĐĞŝǀĞ ĨĂƐƚĞƌ ĂŶĚ ŵŽƌĞ ĞĸĐŝĞŶƚ ƉƌŽĚƵĐƟŽŶ ƉƌŽĐĞƐƐĞƐ͘ dŽĚĂLJ ƚŚĞŝƌ ĐƵƫŶŐ ƐLJƐƚĞŵƐ ĂƌĞ ǀĞƌƟĐĂů Žƌ ŚŽƌŝnjŽŶƚĂů͕ ŝŶ Ăŝƌ͕ ǁĂƚĞƌ ƌŝŶŐ ĂŶĚ ƵŶĚĞƌǁĂƚĞƌ ƚLJƉĞ ʹ ƐƵŝƚĂďůĞ ĨŽƌ ĞǀĞƌLJ ƉŽůLJŵĞƌ͕ ĞǀĞŶ ƚŚĞ ŵŽƐƚ ĐƌŝƟĐĂů͘ ^ĐƌĞĞŶͲ ĐŚĂŶŐĞƌƐ͕ ǁĂƚĞƌ ĮůƚĞƌƐ͕ ŚŽƌŝnjŽŶƚĂů ĂŶĚ ǀĞƌƟĐĂů ƐƉŝŶ ĚƌLJĞƌƐ͕ ǀĞŶƚĞĚ ǀŝďƌĂƟŶŐ ƐĐƌĞĞŶƐ ĂƌĞ ĂůƐŽ ƉĂƌƚ ŽĨ ƚŚĞ ƉƌŽĚƵĐƚƐ ƌĂŶŐĞ͘ dŚĞ &ŝůƚĞĐ <ͲĨĂĐƚŽƌ ŝƐ ƚŚĞ ĐƵƐƚŽŵŝnjĂƟŽŶ ŽĨ ƚŚĞ ƉƌŽĚƵĐƚƐ ĨŽůůŽǁŝŶŐ ĞĂĐŚ ĐƵƐƚŽŵĞƌ͛Ɛ ƐƉĞĐŝĮĐ ĂŶĚ ĞdžƉĞĐƚĂƟŽŶƐ͘ &ŝůƚĞĐ ŝƐ ĐŽŶƐŝĚĞƌĞĚ ŶŽƚ ŽŶůLJ Ă ŵĂĐŚŝŶĞƐ ƉƌŽĚƵĐĞƌ͕ ďƵƚ ĂůƐŽ Ă ƌĞůŝĂďůĞ ƉĂƌƚŶĞƌ ĂďůĞ ƚŽ ĚĞǀĞůŽƉ ƉůĂŶƐ ƚŽŐĞƚŚĞƌ ǁŝƚŚ ĐƵƐƚŽŵĞƌƐ͕ ƚŚĂƚ ƚƵƌŶ ŝŶƚŽ ůŝĨĞ ƉĂƌƚŶĞƌƐ͕ ĐŽͲ ǁŽƌŬĞƌƐ ĂŶĚ ƐŚĂƌĞƌƐ ŽĨ ĞdžƉĞƌŝĞŶĐĞƐ͘ /Ŷ &ŝůƚĞĐ͕ ƚĞĐŚŶŽůŽŐLJ ŝƐ Ă ǀĞƌLJ ŝŵƉŽƌƚĂŶƚ ĂƐƉĞĐƚ͕ ďƵƚ ĂůǁĂLJƐ ŶĞdžƚ ƚŽ ƐĞƌǀŝĐĞ ĂŶĚ ŚƵŵĂŶ ĨĂĐƚŽƌ ŬĞLJ ĨĂĐƚŽƌƐ ĂƐ ŝŵƉŽƌƚĂŶƚ ĂƐ ƚŚĂƚ͘ /Ŷ &ŝůƚĞĐ ŶŽƚŚŝŶŐ ŝƐ ƚĂŬĞŶ ĨŽƌ ŐƌĂŶƚĞĚ ŝŶ ŽƌĚĞƌ ƚŽ ĮŶĚ Ă ďĞƩĞƌ ĂƉƉƌŽĂĐŚ ƚŽ ŵĂƩĞƌƐ ŽĨ ĞǀĞƌLJ ŬŝŶĚ͘ dŚĞ ƌĞƐƵůƚ ŽĨ ƐƵĐŚ ŝƐ ƐŚĂƌĞĚ ďLJ ƉĂƌƚŶĞƌƐ Ăůů ŽǀĞƌ ƚŚĞ ǁŽƌůĚ͘ &Žƌ &ŝůƚĞĐ͕ ƚŚĞ ƉĞůůĞƟnjŝŶŐ ŝƐ ŶŽƚ ũƵƐƚ ƚŚĞ ĐŽƌĞ ďƵƐŝŶĞƐƐ͕ ďƵƚ Ă ůŝĨĞ ĐŽŵŵŝƚŵĞŶƚ͗ ƚŚĂŶŬƐ ƚŽ ŵŽƌĞ ƚŚĂŶ ϭϱϬϬ ƉĞůůĞƟnjĞƌƐ ƐŽůĚ ǁŽƌůĚǁŝĚĞ͕ &ŝůƚĞĐ ŝƐ ĞŶŐĂŐĞĚ ŝŶ Ă ŵŽƌĞ ĂŶĚ ŵŽƌĞ ĞīĞĐƟǀĞ ŵĂŶĂŐŝŶŐ ŽĨ ƚŚĞ ƉůĂƐƟĐ ŵĂƚĞƌŝĂůƐ͘ &ŝůƚĞĐ͗ dƵƌŶ Ă ŶĞǁ ůĞĂĨ͕ ĚŽŶ͛ƚ ŵĂŬĞ ƚŚĞ ĐŽŶǀĞŶƟŽŶĂů ĐŚŽŝĐĞ͘ &Žƌ ŵŽƌĞ ŝŶĨŽ͗ ǁǁǁ͘ĮůƚĞĐ͘ŝƚ

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IDROCALOR

Idrocalor, specialized in designing and manufacturing of industrial customized ovens / ZK >KZ ŝƐ ƐƉĞĐŝĂůŝnjĞĚ ŝŶ ĚĞƐŝŐŶŝŶŐ ĂŶĚ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ŝŶĚƵƐƚƌŝĂů ĐƵƐƚŽŵŝnjĞĚ ŽǀĞŶƐ ĨŽƌ Ă ůŽƚ ŽĨ ĚŝīĞƌĞŶƚ ĂƉƉůŝĐĂƟŽŶ ĮĞůĚƐ ƐŝŶĐĞ ϭϵϬϳ͘ KƵƌ ŽǀĞŶƐ ĂƌĞ ƵƐĞĚ ĨŽƌ ƉŽǁĚĞƌ ĐŽĂƟŶŐ͕ ƐƵƌĨĂĐĞ ĐŽĂƟŶŐ͕ ĨŽƌ ƚŚĞ ǀƵůĐĂŶŝnjĂƟŽŶ ŽĨ Ĩ ƌƵďďĞƌ ĂŶĚ ƐŝůŝĐŽŶ ƐĞĂůƐ͕ ĨŽƌ ƚŚĞ ĚƌLJŝŶŐ ƚƌĞĂƚŵĞŶƚƐ ŽĨ ĐŽŵƉŽƐŝƚĞ ŵĂƚĞƌŝĂůƐ ƐƵĐŚ ĂƐ ĚƌLJͲƚLJƉĞ͕ Žŝů ĮůůĞĚ ĂŶĚ ƌĞƐŝŶ ĐĂƐƚ ƚƌĂŶƐĨŽƌŵĞƌƐ͕ ĞůĞĐƚƌŝĐĂů ŵŽƚŽƌƐ͕ ƌĞƐŝƐƚĂŶĐĞƐ͕ ƉŽǁĞƌ ĐĂďůĞƐ͕ ĂƐ ǁĞůů ĂƐ ĨŽƌ ƚŚĞ ƚŚĞƌŵĂů ĞdžƉĂŶƐŝŽŶ ŽĨ ĐŽƌĞ ƐĂŶĚǁŝĐŚ ŵĂƚĞƌŝĂůƐ͘ dŚĞ ŽƉĞƌĂƟŶŐ ƚĞŵƉĞƌĂƚƵƌĞ ƌĂŶŐĞ ŐŽĞƐ ƵƉ ƚŽ ϭϬϬϬΣ ͘ dŚĂŶŬƐ ƚŽ ŚŝŐŚůLJ ƋƵĂůŝĮĞĚ ϯ ĚĞƐŝŐŶŝŶŐ ƚĞĐŚŶŝƋƵĞƐ ĂŶĚ ƚŽ ŝƚƐ ůŽŶŐ ĞdžƉĞƌŝĞŶĐĞ͕ / ZK >KZ͛Ɛ ƚĞĐŚŶŝĐĂů ƐƚĂī ŝƐ ĂďůĞ ƚŽ ǁŽƌŬ ŽƵƚ ĞǀĞƌLJ ŬŝŶĚ ŽĨ ƌĞƋƵĞƐƚ ŝŶ ŽƌĚĞƌ ƚŽ ĮŶĚ ŽƵƚ ƚŚĞ ƐŽůƵƟŽŶ͕ ǁŚŝĐŚ ďĞƐƚ ŵĞĞƚƐ LJŽƵƌ ŶĞĞĚƐ͕ ĞŝƚŚĞƌ ĨƌŽŵ ƚŚĞ ƚĞĐŚŶŝĐĂů ĂŶĚ ĞĐŽŶŽŵŝĐĂů ƉŽŝŶƚ ŽĨ ǀŝĞǁ͘ ĂĐŚ ƉƌŽĚƵĐƚ ŝƐ ĐĂƌĞĨƵůůLJ ƚĞƐƚĞĚ ŝŶ ŽƌĚĞƌ ƚŽ ŐƵĂƌĂŶƚĞĞ Ă ƵŶŝĨŽƌŵ ŝŶƐŝĚĞ ƚĞŵƉĞƌĂƚƵƌĞ ĚŝƐƚƌŝďƵƟŽŶ͘ ŌĞƌ ƐƚĂƌƟŶŐ ƵƉ ƚŚĞ ŽǀĞŶ͕ / ZK >KZ͛Ɛ ƚĞĐŚŶŝĐŝĂŶƐ ƚƌĂŝŶ ƚŚĞ ĐƵƐƚŽŵĞƌ ĂŶĚ ŝƚƐ ĞŵƉůŽLJĞĞƐ ŝŶ ŽƌĚĞƌ ƚŽ ŐŝǀĞ ƚŚĞŵ Ă ĨƵůů ŬŶŽǁůĞĚŐĞ ŽĨ ƚŚĞ ƉůĂŶƚ͘ / ZK >KZ ĐŽŶƐƚĂŶƚůLJ ĂŝŵƐ ƚŽ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ŶĞǁ ƐŽůƵƟŽŶƐ͕ ƉĂƌƟĐƵůĂƌůLJ ĨŽĐƵƐŝŶŐ ŽŶ ŝŶĚƵƐƚƌŝĂů ƚĞĐŚŶŽůŽŐŝĐĂů ŝŶŶŽǀĂƟŽŶ͕ ĂƐ ǁĞůů ĂƐ ŽŶ ƚŚĞ ŝŵƉƌŽǀĞŵĞŶƚ ŽĨ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ƉĞƌĨŽƌŵĂŶĐĞƐ ŽĨ ŝƚƐ ŽǀĞŶƐ͘ dŚĞ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ŝŶĐůƵĚĞ ĂůƐŽ s/ͲsW/ ƉůĂŶƚƐ ĂŶĚ ƚƵŶŶĞůͲĨƵƌŶĂĐĞƐ ƵƐĞĚ ĨŽƌ ƚŚĞ ŚĞĂƚ ƚƌĞĂƚŵĞŶƚ ŝŶ ƚŚĞ ĂƵƚŽŵŽƟǀĞ ŝŶĚƵƐƚƌLJ͕ ƉĂĐŬĂŐŝŶŐ ĂŶĚ ƐƚĞĞů ŚĂƌĚĞŶŝŶŐ ƉƌŽĐĞƐƐĞƐ͘ KƵƌ ƉůĂŶƚƐ ŚĂǀĞ ďĞĞŶ ŝŶƐƚĂůůĞĚ ŝŶ Ă ůĂƌŐĞ ŶƵŵďĞƌ ŽĨ ĐŽŵƉĂŶŝĞƐ ůŽĐĂƚĞĚ ŶŽƚ ŽŶůLJ ŝŶ /ƚĂůLJ ďƵƚ ĂůƐŽ ŝŶ ƵƌŽƉĞ͕ ŝŶ ƚŚĞ DŝĚĚůĞ ĂƐƚ͕ ZƵƐƐŝĂ ĂŶĚ ŵĞƌŝĐĂ͘ / ZK >KZ ^Z> &Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ /ŶĨŽΛŝĚƌŽĐĂůŽƌ͘ĐŽŵ ǁǁǁ͘ŝĚƌŽĐĂůŽƌ͘ĐŽŵ

130

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

PROCESS

IDROCALOR

131

PROCESS

PROXIMA

Proxima Srl, with 60 years of experience in the ƬHOG RI DGKHVLYH WHFKQRORJLHV

WƌŽdžŝŵĂ ^ƌů ŝƐ Ă ϯƌĚ ŐĞŶĞƌĂƟŽŶ ĐŽŵƉĂŶLJ ǁŝƚŚ ϲϬ LJĞĂƌƐ ŽĨ ĞdžƉĞƌŝĞŶĐĞ ŝŶ ƚŚĞ ĮĞůĚ ŽĨ ĂĚŚĞƐŝǀĞ ƚĞĐŚŶŽůŽŐŝĞƐ ĨŽƌ ƚŚĞ ŝŶĚƵƐƚƌLJ ;ĂƵƚŽŵŽƟǀĞ ĂŶĚ ĐĂƌ ƌĞĮŶŝƐŚŝŶŐ͕ ŵĞƚĂů ǁŽƌŬŝŶŐ͕ ƉƌŝŶƟŶŐ͕ ĞůĞĐƚƌŽŶŝĐƐ͕ ŶĂƵƟĐĂůͿ ĂŶĚ ƚŚĞ ŽďũĞĐƟǀĞ ŽĨ ƐƵƉƉŽƌƟŶŐ ŝƚƐ ĐůŝĞŶƚƐ ƚŚƌŽƵŐŚ ƚŚĞ ƉƌŽĐĞƐƐŝŶŐ ĂŶĚ ĐƵƐƚŽŵŝnjĂƟŽŶ ŽĨ ŵĂƚĞƌŝĂůƐ͘ ^ƵƉƉŽƌƚĞĚ ďLJ ŵĂŶLJ ĐĞƌƟĮĐĂƟŽŶƐ͕ ƐƵĐŚ ĂƐ /^K ϵϬϬϭ͕ /^K ϭϰϬϬϭ ĂŶĚ / d& ϭϲϵϰϵ͕ ƚŚĞ ĐŽŵƉĂŶLJ ĐƵƌƌĞŶƚůLJ ǁŽƌŬƐ ŽŶ Ă ŶĂƟŽŶĂů ĂŶĚ ŝŶƚĞƌŶĂƟŽŶĂů ůĞǀĞů ƚŚĂŶŬƐ ƚŽ Ă ƐŽůŝĚ ĐŽŵŵĞƌĐŝĂů ŶĞƚǁŽƌŬ ŽĨ ƐĂůĞƐ ƌĞƉƌĞƐĞŶƚĂƟǀĞƐ͕ ĂŐĞŶƚƐ ĂŶĚ ĚŝƐƚƌŝďƵƚŽƌƐ͘ dŚĞ ŵĂŝŶ ďƌĂŶĚƐ ǁŝƚŚ ǁŚŝĐŚ WƌŽdžŝŵĂ ǁŽƌŬƐ ;ϯD͕ dĞƐĂ͕ EŝƩŽ͕ ,ĞŶŬĞů͕ ŽƐƚŽŶ͕ ^ĐĂƉĂͿ ĂƌĞ ĂďůĞ ƚŽ ƉƌŽǀŝĚĞ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ;ƐŝŶŐůĞ ĂŶĚ ĚŽƵďůĞ ƐŝĚĞĚ ĂĚŚĞƐŝǀĞ ƚĂƉĞƐ͕ ŐůƵĞƐ͕ ƐĞĂůĂŶƚƐ͕ ĂďƌĂƐŝǀĞƐ͕ ƌĞĐůŽƐĂďůĞ ĨĂƐƚĞŶŝŶŐ ƐLJƐƚĞŵƐ͕ &Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ůĂďĞůƐ͕ ƉƌŽƚĞĐƟǀĞƐ ĂŶĚ ŚĞĂƚ ƌĞŇĞĐƟŶŐ ĮůŵƐͿ ƚŚĂƚ ƉĞƌĨŽƌŵ ͲŵĂŝů ŝŶĨŽΛƉƌŽdžŝŵĂƚĂƉĞ͘ĐŽŵ ŝŶ ŵƵůƟƉůĞ ĐŽŶĚŝƟŽŶƐ ŽĨ ƚĞŵƉĞƌĂƚƵƌĞ͕ ŚƵŵŝĚŝƚLJ͕ hs tĞď ŚƩƉƐ͗ͬ​ͬǁǁǁ͘ƉƌŽdžŝŵĂƚĂƉĞ͘ĐŽŵ ĞdžƉŽƐƵƌĞ ĂŶĚ ŵĞĐŚĂŶŝĐĂů ƐƚƌĞƐƐ͘ dŚĞ ĐƵƐƚŽŵŝnjĂƟŽŶ ŽĨ ŵĂƚĞƌŝĂůƐ ƚŚĂƚ ƚŚĞ ĐŽŵƉĂŶLJ ŽīĞƌƐ ŝĚĞŶƟĮĞƐ ŝŶ ƚĂƉĞƐ͕ ůĂďĞůƐ ĂŶĚ ƉƌŽƚĞĐƟǀĞƐ ĚŝĞͲĐƵƫŶŐ͕ ƚĂƉĞƐ ĐƵƫŶŐ͕ ƉůĂƐƟĐ ĨŽĂŵƐ ƉƵŶĐŚŝŶŐ͕ ƐƵƉƉŽƌƚƐ ůĂŵŝŶĂƟŽŶ ĂŶĚ ĂƐƐĞŵďůLJ͕ ƚĂƉĞƐ ƉƌŝŶƟŶŐ ĂŶĚ ĐŽŶƐƵůƚĂŶĐLJ ŽŶ ĂƐƐĞŵďůLJ ƐŽůƵƟŽŶƐ͘

132

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ADHESIVE TECHNOLOGIES

• ADHESIVE TAPES DIE-CUTTING • LABELS AND PROTECTIVES DIE-CUTTING • ADHESIVE TAPES PRINTING • PLASTIC FOAMS PUNCHING • SUPPORTS LAMINATION AND ASSEMBLY • CONSULTANCY ON ASSEMBLY SOLUTIONS

PROXIMA S.r.l.

Via Alessandria 57 - 10098 - Rivoli, Cascine Vica - Torino (Italy) Tel. +39 011 957 49 45 | Mail info@proximatape.com | Web www.proximatape.com

PROCESS

BLUTEK

5HOLDEOH FRPSUHVVHG DLU LQ WKH desert, Blutek case history >Ğƚ͛Ɛ ƚŚŝŶŬ ĂďŽƵƚ ƚŚĞ ŵŽƐƚ ĐŚĂůůĞŶŐŝŶŐ ĞŶǀŝƌŽŶŵĞŶƚƐ ŽŶ ĞĂƌƚŚ ƐƵĐŚ ĂƐ ĚĞƐĞƌƚ ;нϱϱΣ Ϳ͕ ĂƌĐƟĐ ĂƌĞĂƐ ;ͲϰϴΣ Ϳ Žƌ ŽīƐŚŽƌĞ ƌŝŐƐ͗ ŽŶůLJ ƌĞůŝĂďůĞ ŵĂĐŚŝŶĞƌLJ ĐĂŶ ǁŽƌŬ ŝŶ ƐƵĐŚ ŚĂƌƐŚ ĞŶǀŝƌŽŶŵĞŶƚƐ͘ ŶĚ ũƵƐƚ ƚŚĞƌĞ LJŽƵ ĐĂŶ ĮŶĚ ůƵƚĞŬ ƉƌŽĚƵĐƚƐ ƚŚĂƚ ĂƌĞ ƚŽƚĂůůLJ ĞŶŐŝŶĞĞƌĞĚ ĨŽƌ ĂŶLJ ĂƉƉůŝĐĂƟŽŶ͘ KŶĞ ƐƵĐĐĞƐƐĨƵů ƉƌŽũĞĐƚ ǁĂƐ ĂǁĂƌĚĞĚ ŝŶ ϮϬϭϱ ĨŽƌ ƚŚĞ ^/ &/ > s >KWD Ed WZK: d ŝŶ /ƌĂƋ͘ dŚĞ ĐŽŵƉƌĞƐƐĞĚ Ăŝƌ ƉĂĐŬĂŐĞ ŚĂƐ ďĞĞŶ ĚĞƐŝŐŶĞĚ ĂŶĚ ŵĂŶƵĨĂĐƚƵƌĞĚ ĞŶƟƌĞůLJ ďLJ ůƵƚĞŬ ŝŶ /ƚĂůLJ ĂŶĚ ŝƚ ŝƐ ŶŽǁ ƐƵĐĐĞƐƐĨƵůůLJ ƌƵŶŶŝŶŐ Ϯϰͬϳ ŝŶ /ƌĂƋ͘ &Žƌ ƚŚĞ ƐĐŽƉĞ͕ ůƵƚĞŬ ƉƌŽǀŝĚĞĚ ŽŶĞ ĐŽŵƉƌĞƐƐĞĚ Ăŝƌ ƉĂĐŬĂŐĞ ǁŝƚŚ ϯ Ăŝƌ ĐŽŽůĞĚ Žŝů ĨƌĞĞ ƐĐƌĞǁ ĐŽŵƉƌĞƐƐŽƌƐ͕ ;ϭϮϬϬ EŵϯͬŚ͕ ϵ͕ϱ ďĂƌŐͿ ĂŶĚ Ϯ ŚĞĂƚůĞƐƐ ĚĞƐŝĐĐĂŶƚ ĚƌLJĞƌƐ ;ϲϱΣ ŝŶůĞƚ ƚĞŵƉĞƌĂƚƵƌĞ͕ ͲϰϬΣ ĚĞǁ ƉŽŝŶƚͿ ƐƵŝƚĂďůĞ ƚŽ ǁŽƌŬ ƉĞƌĨĞĐƚůLJ ŝŶ ƚŚĞ ĚĞƐĞƌƚ ĞŶǀŝƌŽŶŵĞŶƚ ǁŝƚŚ ƚĞŵƉĞƌĂƚƵƌĞƐ ƌĞĂĐŚŝŶŐ ƵƉ ƚŽ н ϱϱͲϲϬΣ ĂŶĚ ƐĂŶĚƐƚŽƌŵƐ͘ &Žƌ ƚŚĞ ƉƵƌƉŽƐĞ͕ >hd < ĚĞƐŝŐŶĞĚ ƐƉĞĐŝĂů ĐŽŽůĞƌƐ ƐƵŝƚĂďůĞ ĨŽƌ ƚŚĞ ĂƌĞĂ͕ ŝŶŶŽǀĂƟǀĞ ƐĞůĨͲĐůĞĂŶŝŶŐ ƉƵůƐĞũĞƚ ŝŶůĞƚ ĮůƚĞƌƐ ƚŽ ƌĞĚƵĐĞ ƚŚĞ ĐůĞĂŶŝŶŐ ŽƉĞƌĂƟŽŶ ĂŶĚ ƐƉĞĐŝĂů ƚǁŝŶ Žŝů ĮůƚĞƌƐ ƚŚĂƚ ĂůůŽǁ ƚŚĞ ĐůĞĂŶŝŶŐ ǁŝƚŚŽƵƚ ƐƚŽƉƉŝŶŐ ƚŚĞ ƵŶŝƚƐ͘ ůů ĐŽŵƉŽŶĞŶƚƐ ŚĂǀĞ ďĞĞŶ ƌĞĂůŝnjĞĚ ŝŶ ^^ϯϭϲ> ĞŶƐƵƌŝŶŐ ƚŚĞ ďĞƐƚ ĚƵƌĂďŝůŝƚLJ ŽĨ ĞĂĐŚ ƉĂƌƚ͘ dŚĞ ƐŬŝĚ ŵŽƵŶƚĞĚ D ŚĂƐ ƐŽŌ ƐƚĂƌƚĞƌ͕ ŽŵŵŽŶ ĐŽŶƚƌŽů ƉĂŶĞů W> ďĂƐĞĚ ^/>Ϯ ĂŶĚ yͺĚ͕ ƐƚĂŝŶůĞƐƐ ƐƚĞĞů ĐŽŽůĞƌƐ ĂŶĚ ƉŝƉŝŶŐ͘ ƋƵŝƉŵĞŶƚ /Θ ǁĂƐ ĨƵůůLJ ŝŶ ĐŽŵƉůŝĂŶĐĞ ĨŽƌ ŝŶƐƚĂůůĂƟŽŶ ŝŶ d y ŽŶĞ Ϯ ĂƌĞĂ ĐůĂƐƐŝĮĐĂƟŽŶ͘ >hd <͕ ĨŽƵŶĚĞĚ ŝŶ ϮϬϬϮ͕ ŝƐ ŽŶĞ ŽĨ ƚŚĞ ŵĂũŽƌ ƉůĂLJĞƌƐ ŝŶ ƚŚĞ ǁŽƌůĚ ƐƉĞĐŝĂůŝnjĞĚ ŝŶ ƚŚĞ ĚĞƐŝŐŶ ĂŶĚ ƉƌŽĚƵĐƟŽŶ ŽĨ ƚŽƚĂůůLJ ĞŶŐŝŶĞĞƌĞĚ ƚƵƌŶŬĞLJ ƉĂĐŬĂŐĞƐ ĨŽƌ ƐĞƌǀŝĐĞ Ăŝƌ͕ ŝŶƐƚƌƵŵĞŶƚ Ăŝƌ͕ ŶŝƚƌŽŐĞŶ ŐĞŶĞƌĂƟŽŶ͕ ďŝŽͲŐĂƐ ĂŶĚ ŶĂƚƵƌĂů ŐĂƐ͕ ŽīƐŚŽƌĞ ĂŶĚ ŽŶƐŚŽƌĞ͕ ĨŽƌ ĂŶLJ ĞŶǀŝƌŽŶŵĞŶƚ ĂŶĚ ĂƉƉůŝĐĂƟŽŶ͘ dŚĞ ƚŽƚĂůůLJ ĐƵƐƚŽŵŝnjĞĚ ƵŶŝƚƐ ĐĂŶ ďĞ ĚĞƐŝŐŶĞĚ ŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ ĂŶLJ ůŽĐĂůͬ/ŶƚĞƌŶĂƟŽŶĂů ^ƚĂŶĚĂƌĚƐ ĂŶĚ ĐĞƌƟĮĐĂƟŽŶ ;ŝ͘Ğ͘ W/ ϲϭϵ͕ /^K ϭϬϰϰϬͲϭͬϮ͕ d y͕ W/ Zϭϰ͕ EϲϬϬϯϰ͕ ^D s/// /s͘ ϭ E h ^d DW͕ W Ϳ͘ >ŽĐĂƚĞĚ ŝŶ /ƚĂůLJ͕ >hd < ŝƐ ƉƌĞƐĞŶƚ ǁŽƌůĚǁŝĚĞ ǁŝƚŚ ŝƚƐ ƐƚƌŽŶŐ ŶĞƚǁŽƌŬ ŽĨ ŐĞŶƚƐ ĂŶĚ ^ĞƌǀŝĐĞ ĞŶƚĞƌƐ͘ WůĞĂƐĞ ǀŝƐŝƚ ǁǁǁ͘ďůƵƚĞŬ͘ĞƵ

/ŵĂŐĞƐ͗ ůƵƚĞŬ ƉĂĐŬĂŐĞƐ ŝŶƐƚĂůůĞĚ Ăƚ ^ŝďĂ &ŝĞůĚ W͕ /ƌĂƋ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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BLUTEK

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The oil and gas market in Latin America

Mauro Nogarin Journalist

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According to a recent statistical study carried out by the IOPG, Latin America produces 7.5 million barrels of oil per day, and the two leading countries are Brazil and Venezuela, followed by Mexico, Colombia and Ecuador. It should be mentioned that Venezuela owns about 18% of the world's total oil reserves, outstripping Saudi Arabia for some years now, but its constant economic and financial instability has already caused some negative effects on the efficiency of its oil infrastructure, reducing production from 3.3 MBD in 2005 to 2.4 MBD in 2016. On the other hand, Brazil’s daily output of 2.6 MBD in 2016 gave it a 35% regional share in terms of hydrocarbon production.

Thanks to its moderate growth, Brazil has been able to satisfy the domestic demand for hydrocarbons, and the new fiscal policies and economic stability have help attracting foreign capital investments and strengthening the exploration of new oil wells. This is the case along the Brazilian coasts of Pre Sal, Guyana and Suriname.

Overall, the current oil demand in the Latin American region has increased by a factor of four since 1970.This is very encouraging since supply and demand first converged in the 1980s, when Latin America's position as an oil exporter was in jeopardy. Soon after, new investment in exploration and production – largely in Brazil and Colombia, combined with a recovery in Venezuela – remedied that situation. Central and South America once again became a major exporter, generating significant revenues for the exporting countries while simultaneously meeting the increasing domestic demand.

Meanwhile, it should also be remembered that the yield in existing oil fields is tending to diminish by about 6% per year.

As for the production of natural gas in Central and South America, it has risen steadily since 1970 – until 2000 Argentina and Venezuela were the biggest producers and soon after Trinidad & Tobago and Bolivia became net exporters as well.

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

Kŝů WƌŽĚƵĐƟŽŶ͗ ƌĂnjŝů ĂŶĚ sĞŶĞnjƵĞůĂ ďŝŐŐĞƌƐ ƉƌŽĚƵĐĞƌƐ Kŝů ƉƌŽĚƵĐƟŽŶ ŝŶ ŬďĚ ďLJ ĐŽƵŶƚƌLJ ƌŐĞŶƟŶĂ

Peru

ƌĂnjŝů

dƌŝŶŝĚĂĚ Θ dŽďĂŐŽ

ŽůŽŵďŝĂ

sĞŶĞnjƵĞůĂ

ĐƵĂĚŽƌ

KƚŚĞƌ ĞŶƚƌĂů ĂŶĚ ^ŽƵƚŚ ŵĞƌŝĐĂ

ƌĂnjŝů ŬŝĐŬƐ Žī

^ŽƵƌĐĞ͗ W ^ƚĂƟƐƟĐĂů ZĞǀŝĞǁ ŽĨ tŽƌůĚ ŶĞƌŐLJ 2017

While Argentina and Venezuela accounted for more than 65% of regions gas production in 2000, this share fell to 40% in 2016.

Gas demand within the region has risen by 79% since 2000 due to a constant economic growth, which has gradually required greater volumes of natural gas for power generation and to supply new petrochemical plants. Regional demand for gas in Central and South America has increased by a factor of 12 since 1970. Argentina leads the region in gas consumption, accounting for 29% of demand. Brazil and Venezuela each use 21% of the region’s gas.

As for Mexico, whilst the Brownsville-Tuxpan oil pipeline is under construction, the Ministry of Energy recently estimated that 540 billion euros of investment will be needed over the next 15 years to bring production back to 2004 levels of almost 3.4 MBD. Unfortunately the first international call for tenders did not produce the desired results according to the new Mexican petroleum law, given the Mexican governmental lack of financial capacity to cope with the exploration of new offshore oil wells.

This is confirmed by the recent tender of 15 blocks that has been postponed until the second half of 2018, the sixth postponement requested by the companies that are involved in the auction.

ƌĂnjŝů ƐƵƌƉĂƐƐĞƐ sĞŶĞnjƵĞůĂ

Among the p r o d u c i n g countries that have awakened the oil industry in Latin America there is definitely Colombia. Thanks to the recent discovery of 4.4 TCF of natural gas by the oil company Anadarko, Colombia has started to explore offshore deposits in 2015, which produced the first results adding new reserves of oil and gas that had reached alarming levels considering the current consumption curve. Thanks to this latest discovery the country will be able to guarantee its natural gas demand until 2027.

After several years of severe economic instability, Peru has also decided to undertake a national energy plan starting this year with substantial investments aiming to stabilize the existing reserves while guaranteeing refining volumes with new plants.

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The new investment plan for the next two years amounts to 18,100€ million.

As for the upstream, exploration and production include the development of Z38blocks with 2,500 million euros, exploration and production of the various blocks under concession to Frontier Energy with 1,865 million euros.

Block 58 was assigned to the Chinese state-owned Sinopec for 1,100€ million, block 108 to Pluspetrol for 340€ million and block 64 to Geopark for 127€ million.

Investments in the midstream sector concern the construction of new pipelines in order to satisfy the central and northern areas of the country with investments of 3,000€ million, in addition to the modernization of the Norperuano pipeline with an investment of 1,610€ million.

Finally, with regard to downstream, new projects include the modernization of the Talara refinery with 4,500€ million and the Pampilla refinery in Repsol with 900€ million.

INDUSTRIAL TECHNOLOGY editorial office

PROCESS

ULTRA POMPE

Ultra Pompe: Our history Our strength h>dZ WKDW ^͘ƌ͘ů͕͘ ĨŽƵŶĚĞĚ ŝŶ ϭϵϱϳ͕ ǁĂƐ ŽŶĞ ŽĨ ƚŚĞ ĮƌƐƚ /ƚĂůŝĂŶ ĮƌŵƐ ƚŚĂƚ ĐŽŵƉůĞƚĞůLJ ĚĞƐŝŐŶ͕ ƉƌŽĚƵĐĞ ĂŶĚ ƚĞƐƚ ĞdžƚĞƌŶĂů ŐĞĂƌ ƉƵŵƉƐ ŝŶ ŝƚƐ ŽǁŶ ǁŽƌŬƐŚŽƉƐ͘ h>dZ ͛Ɛ ƐƵĐĐĞƐƐ ŝƐ ďĂƐĞĚ ŽŶ ƐĂƟƐĨLJŝŶŐ ĐƵƐƚŽŵĞƌ ƌĞƋƵŝƌĞŵĞŶƚ ƚŚƌŽƵŐŚ ĞĸĐŝĞŶƚ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ĂŶĚ ďLJ ƉƌŽǀŝĚŝŶŐ ƋƵĂůŝƚLJ ƉƌŽĚƵĐƚƐ ĂŶĚ ĐŽŵƉĞƟƟǀĞ ƉƌŝĐŝŶŐ͘ h>dZ WKDW ŬŶŽǁ ŚŽǁ ĂŶĚ ĞdžƉĞƌŝĞŶĐĞ ŚĂƐ ďĞĞŶ ŚĂŶĚĞĚ ĚŽǁŶ ĨƌŽŵ ŽŶĞ ŐĞŶĞƌĂƟŽŶ ƚŽ ƚŚĞ ŶĞdžƚ͘ ƵĞ ƚŽ ƚŚŝƐ ƌĞĂƐŽŶ ƚŚĞLJ ŚĂǀĞ ĂĐĐƵŵƵůĂƚĞĚ Ă ůŽƚ ŽĨ ĚŝƌĞĐƚ ĞdžƉĞƌŝĞŶĐĞ ŝŶ ƚŚĞ ůĂƐƚ ƐŝdžƚLJ LJĞĂƌƐ͘ h>dZ WKDW ŵĂŝŶƚĂŝŶƐ Ă ůĂƌŐĞ ŝŶǀĞŶƚŽƌLJ ŽĨ ƐƚĂŶĚĂƌĚ ƐƉĂƌĞ ƉĂƌƚƐ ĂŶĚ ƵŶĂƐƐĞŵďůĞĚ ƉƵŵƉƐ ŝŶ ŝƚƐ ŽǁŶ ƐƚŽĐŬ͕ ĂůůŽǁŝŶŐ ƵƐ ƚŽ ƋƵŝĐŬůLJ ƉƌŽǀŝĚĞ ĐŽŵƉůĞƚĞ ƉƵŵƉƐ Žƌ ƌĞƉůĂĐĞŵĞŶƚ ƐƉĂƌĞ ƉĂƌƚƐ ĨŽƌ ĐƵƐƚŽŵĞƌ ĞŵĞƌŐĞŶĐLJ͘ ŽŵƉĂĐƚ ĞŶŽƵŐŚ ƚŽ ƋƵŝĐŬůLJ ƉƌŽǀŝĚĞ ŝŶŶŽǀĂƟǀĞ ĐƵƐƚŽŵ ĚĞƐŝŐŶƐ͕ ďƵƚ ůĂƌŐĞ ĞŶŽƵŐŚ ƚŽ ŵĂŶƵĨĂĐƚƵƌĞ ŚŝŐŚ ǀŽůƵŵĞƐ ŝŶ Ă ƐŚŽƌƚ ƟŵĞ͕ hůƚƌĂ WŽŵƉĞ ŝŶǀĞƐƚƐ ĞǀĞƌLJ LJĞĂƌ ŝŶ ŶĞǁ ƚĞĐŚŶŽůŽŐLJ ĨŽƌ ƚŚĞ ĂƵƚŽŵĂƟnjĂƟŽŶ ŽĨ ŝƚƐ ƉƌŽĚƵĐƟŽŶ ůŝŶĞƐ͘ ƚ ƚŽĚĂLJ͕ ĞĂĐŚ ŵĂĐŚŝŶĞƌLJ ŝŶ ŽƵƌ ĨĂĐƚŽƌLJ ŚĂƐ Ăƚ ůĞĂƐƚ ŽŶĞ ĂƵƚŽŵĂƟĐ ďĂĐŬƵƉ ŝŶ ĂĚĚŝƟŽŶ ƚŽ ŽŶĞ ĐŽŶƚƌŽůůĞĚ ŵĂŶƵĂůůLJ͘ dŚŝƐ ĂůůŽǁƐ ƵƐ ƚŽ ĂǀŽŝĚ ĂŶLJ ƉƌŽĚƵĐƟŽŶ ĚĞůĂLJƐ ĐĂƵƐĞĚ ďLJ ŵĂĐŚŝŶĞƌLJ ĐƌĂƐŚĞƐ ĂŶĚ ƚŽ ŵĞĞƚ ƉƌŽŵŝƐĞĚ ĚĞůŝǀĞƌLJ͘ h>dZ WKDW ĐĂƌƌŝĞƐ ŽŶ ŝŶ ŝƚƐ ŽǁŶ ƉƌĞŵŝƐĞƐ ƚŚĞ ǁŚŽůĞ ŽĨ ŵĞĐŚĂŶŝĐĂů ƉƌŽĐĞƐƐŝŶŐ͕ ŐĞĂƌ ĐƵƫŶŐ ŝŶĐůƵĚĞĚ͕ ƚŚƵƐ ĂĐŚŝĞǀŝŶŐ ĂŶ ƵŶƉĂƌĂůůĞůĞĚ ƋƵĂůŝƚLJ ƐƚĂŶĚĂƌĚ ŽĨ ƚŚĞ ĮŶŝƐŚĞĚ ƉƌŽĚƵĐƚƐ͘ ŽŶƟŶƵĂůůLJ ƵƉĚĂƟŶŐ ŽƵƚ ƚĞĐŚŶŽůŽŐLJ ĂŶĚ ƉƌŽĚƵĐƚƐ ĚĞƐŝŐŶƐ ĂůůŽǁƐ h>dZ WKDW ƚŽ ƉƌŽǀŝĚĞ ƚŚĞ ƌŝŐŚƚ ŐĞĂƌ ƉƵŵƉ Žƌ ƐLJƐƚĞŵ ĨŽƌ Ă ǀĂƌŝĞƚLJ ŽĨ ƉƌŽĐĞƐƐĞƐ ĂŶĚ ůŝƋƵŝĚ͕ ƐĞŵŝͲŇƵŝĚ Žƌ ĞŵƵůƐŝŽŶƐ͘ hƐŝŶŐ ŽĨ hE/ͬ/^Kͬ E^/ͬ /EͬD ĚŝŵĞŶƐŝŽŶ ƐŝŐŶŝĮĐĂŶƚůLJ ŝŶĐƌĞĂƐĞ ƚŚĞ ƉŽƐƐŝďŝůŝƚLJ ƉƌŽƉĞƌƟĞƐ ŽĨ ĚĞůŝǀĞƌLJ ƌĞƉĞĂƚĂďŝůŝƚLJ͘ 'ĞĂƌ ƉƵŵƉƐ͕ ďĞŝŶŐ ƚŽ ŵĞĞƚ Ăůů ĐƵƐƚŽŵĞƌ ƌĞƋƵĞƐƚƐ͘ ƌŽƚĂƌLJ ǀŽůƵŵĞƚƌŝĐ ƉƵŵƉƐ͕ ĂƌĞ ƚŚĞ ďĞƐƚ ŵĞƚĞƌŝŶŐ ƉƵŵƉƐ͕ ƐŝŶĐĞ ƚŚĞŝƌ ĚĞůŝǀĞƌLJ ĚĞƉĞŶĚƐ ĚŝƌĞĐƚůLJ ŽŶ ƚŚĞ ƌĞǀŽůƵƟŽŶƐ Ŷ ŝŶƚĞƌŶĂƟŽŶĂů ĐŽŵŵĞƌĐŝĂů ŶĞƚǁŽƌŬ͘ ĞĐŽŵŝŶŐ Ă h>dZ WKDW ĞĂůĞƌ ŵĞĂŶƐ ũŽŝŶŝŶŐ Ă ƌĂƚĞ͘ ůƐŽ ŐĞĂƌ ƉƵŵƉƐ ǁŝůů ŶŽƚ ŐĞŶĞƌĂƚĞ ŇŽǁ ƉƵůƐĂƟŽŶƐ͕ ƋƵĂůŝĮĞĚ ƚĞĂŵ ƚŚĂƚ ďĞůŽŶŐƐ ƚŽ Ă ĐŽŵƉĂŶLJ ƚŚĂƚ ŝƐ Ă ůĞĂĚĞƌ ĂƐ ƐƚĂŶĚĂƌĚ ŵĞƚĞƌŝŶŐ ƉƵŵƉƐ ĚŽ͕ ŵĂŬŝŶŐ ƚŚĞ ŵĞĚŝĂ ŇŽǁ ŝŶ ŝƚƐ ŝŶĚƵƐƚƌLJ ĂŶĚ ƚŚĂƚ ŝƐ ƐĞƚ ŽŶ ƌĞĂĐŚŝŶŐ ŶĞǁ ŵĂƌŬĞƚƐ ĐŽŶƐƚĂŶƚ͘ ƚŚƌŽƵŐŚ Ă ŶĞƚǁŽƌŬ ŽĨ ƐĞůĞĐƚ ĐŽŵŵĞƌĐŝĂů ƉĂƌƚŶĞƌƐ͘ h>dZ WKDW ŽīĞƌƐ ĞdžĐůƵƐŝǀĞ ƉƌŽĚƵĐƚƐ ďĂƐĞĚ ŽŶ Ă ƚĞƐƚĞĚ D /E WW>/ d/KE^ ƚĞĐŚŶŽůŽŐLJ͕ ĂŶ ŝŶƚĞƌŶĂƟŽŶĂůůLJ ƌĞĐŽŐŶŝnjĞĚ ƚƌĂĚĞŵĂƌŬ ĂŶĚ >ƵďĞ Žŝů WƵŵƉƐ Ă ƌŝĐŚ ůĞŐĂĐLJ ŽĨ ƚĞĐŚŶŝĐĂů ĞdžƉĞƌƟƐĞ͘ tĞ ĂƌĞ ůŽŽŬŝŶŐ ĨŽƌ &ƵĞů WƵŵƉƐ ĐŽŵŵĞƌĐŝĂů ƉĂƌƚŶĞƌƐ ƚŽ ŐƌŽǁ ŝŶ DŝĚĚůĞ ĂƐƚ͕ EŽƌƚŚ ĨƌŝĐĂ ŚĞŵŝĐĂůƐ WƵŵƉƐ ŝƚƵŵĞŶ WƵŵƉƐ ĂŶĚ ĂƐƚ ƐŝĂ͘ h>dZ WKDW ŽīĞƌƐ ŝƚƐ ƉĂƌƚŶĞƌƐ Ă ĐŽŵŵĞƌĐŝĂů ĂŶĚ &ŽĂŵ WƵŵƉƐ ƚĞĐŚŶŝĐĂů ƚƌĂŝŶŝŶŐ ďŽƚŚ ĨŽƌ ƐĂůĞƐ ĂŶĚ ƐĞƌǀŝĐŝŶŐ ĂŶĚ Ă ǀĂƌŝĞƚLJ ŽĨ ĐŽŶƚĂĐƚ ĐŚĂŶŶĞůƐ͗ ƌĂƉŝĚ ƐƵƉƉŽƌƚ ďLJ ƉŚŽŶĞ ĂŶĚ ǀŝĂ ĞͲŵĂŝů ĨŽƌ ƋƵŽƚĂƟŽŶƐ͕ ƐĞůĞĐƟŽŶƐ ĂŶĚ ƉƌĞͲ ĂŶĚ ĂŌĞƌͲ ƐĂůĞƐ ƐĞƌǀŝĐŝŶŐ͘ s E ' 'ĞĂƌ ƉƵŵƉƐ ŶĞĞĚ Ă ůĞƐƐĞƌ EW^, ĂŶĚ ŚĂǀĞ ďĞƩĞƌ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ULTRA POMPE Srl

AdverTime

PROCESS

CST SRL

Compression Service Technology Your rotating equipment experts Acoustical analysis in case of YLEUDWLRQ SUREOHPV

Torsional analysis in case of FRXSOLQJ failures

&URVVKHDG tightening improvement in case of unattended loosening

9DOYH FRYHUV FDJHV uprating to reduce pressure losses and increase sealing reliability

Mechanical analysis in case of VXSSRUW RU SLSH IDLOXUHV Alternate load evaluation in case of IRXQGDWLRQ problems

%HDULQJV From old technology (solid Brass + White Metal) to thin trimetallic for cost reduction and lubrication reliability

,QVWUXPHQWDWLRQ upgrade to improve machine reliability and introduce an 50 ' program

Uprate of cylinders and pistons to achieve different WKURXJKSXW

Cylinder and packing OXEULFDWLRQ V\VWHP upgrade

&DSDFLW\ FRQWURO V\VWHP XSJUDGH to optimize compressor load step and efficiency

3LVWRQ DQG ULGHU ULQJV material upgrade in case of short life

͘^͘d͘ ŵĂŝŶƚĞŶĂŶĐĞ ĐŽŶƐƵůƚĂŶĐLJ ƐĞƌǀŝĐĞ ƉŽƌƞŽůŝŽ ͘^͘d͘ ǁĂƐ ĨŽƵŶĚĞĚ ŝŶ &ůŽƌĞŶĐĞ͕ /ƚĂůLJ͕ ŝŶ ϮϬϬϮ͕ ǁĂƐ ŝŶŝƟĂůůLJ ĐŽŵƉŽƐĞĚ ŽĨ ũƵƐƚ ĨŽƵƌ ƉĞŽƉůĞ ĂŶĚ ǁŽƌŬĞĚ ĂƐ Ă ƐĞƌǀŝĐĞ ĞŶŐŝŶĞĞƌŝŶŐ ƉƌŽǀŝĚĞƌ ĨŽƌ ĂŶ /ƚĂůŝĂŶ K͘ ͘D͕͘ ŵĂŝŶůLJ ĨŽƌ ƌĞĐŝƉƌŽĐĂƟŶŐ ĐŽŵƉƌĞƐƐŽƌƐ͘ dŚĞ ĮƌƐƚ ƚƵƌŶͲĂƌŽƵŶĚ ĨŽƌ ƚŚĞ ĐŽŵƉĂŶLJ ŚĂƉƉĞŶĞĚ ŝŶ ϮϬϬϰ ǁŚĞŶ ǁĞ ƐƚĂƌƚĞĚ ƚŚĞ ƉƌŽĐĞƐƐ ƚŽ ƚƌĂŶƐŝƟŽŶ ŝŶƚŽ ďĞŝŶŐ ĂŶ ŝŶĚĞƉĞŶĚĞŶƚ ƐĞƌǀŝĐĞ ĞŶŐŝŶĞĞƌŝŶŐ ƉƌŽǀŝĚĞƌ͘ KŶĞ ŽĨ ŽƵƌ ĮƌƐƚ ĞŶĚĞĂǀŽƌƐ ǁĂƐ ƚŽ ƐĞƚ ƵƉ Ă ƌĞŵŽƚĞ ŵŽŶŝƚŽƌŝŶŐ ĂŶĚ ĚŝĂŐŶŽƐƟĐ ƐĞƌǀŝĐĞ ĨŽƌ ƌĞĐŝƉƌŽĐĂƟŶŐ ĐŽŵƉƌĞƐƐŽƌƐ͘ dŚĞŶ͕ ŝŶ ϮϬϬϱ ǁĞ ƐƚĂƌƚĞĚ ǁŝƚŚ ŽƵƌ ĚĞƐŝŐŶ ŽĨ ŵĂĐŚŝŶĞ ĐŽŵƉŽŶĞŶƚƐ͕ ŵĂŝŶůLJ ƐƟůů ĨŽƌ ƌĞĐŝƉƌŽĐĂƟŶŐ ĐŽŵƉƌĞƐƐŽƌƐ͘ ĨĞǁ LJĞĂƌƐ ůĂƚĞƌ ƚŚĞ ĐŽŵƉĂŶLJ ĚĞƐŝŐŶĞĚ ŝƚƐ ĮƌƐƚ ĐŽŵƉƌĞƐƐŝŽŶ ƉĂĐŬĂŐĞ ĨŽƌ ƵŶĚĞƌŐƌŽƵŶĚ ƐƚŽƌĂŐĞ ŽĨ ŶĂƚƵƌĂů ŐĂƐ͘ tŚŝůĞ Ăƚ ĮƌƐƚ ǁĞ ƵƐĞĚ ĞdžŝƐƟŶŐ ƐŝŵƵůĂƟŽŶ ƐŽŌǁĂƌĞ ĨŽƌ ĐŽŵƉŽŶĞŶƚ ĚĞƐŝŐŶ͕ ĂƌŽƵŶĚ ϮϬϭϬ ǁĞ ƐƚĂƌƚĞĚ ƚŽ ĚĞǀĞůŽƉ ŽƵƌ ŽǁŶ ƉƌŽƉƌŝĞƚĂƌLJ ƐŽŌǁĂƌĞ ĨŽƌ ƉĞƌĨŽƌŵĂŶĐĞ ƐŝŵƵůĂƟŽŶ͕ ĨŽůůŽǁĞĚ ďLJ ƐŽŌǁĂƌĞ ĨŽƌ ƉƌĞƐƐƵƌĞ ƉƵůƐĂƟŽŶ͕ ǀŝďƌĂƟŽŶ͕ ĂŶĚ ƌŽƚŽƌͲĚLJŶĂŵŝĐ ĂŶĂůLJƐĞƐ ;ŝŶĐůƵĚŝŶŐ ƚŽƌƐŝŽŶĂů͕ ůĂƚĞƌĂů͕ ŵŽĚĂů ĂŶĚ ƐƚĂďŝůŝƚLJ ĂŶĂůLJƐŝƐͿ͘ dŽĚĂLJ͕ǁĞ ĞŵƉůŽLJƐ ĂůƐŽ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

&ŝŶŝƚĞ ůĞŵĞŶƚ ŶĂůLJƐŝƐ ;& Ϳ͕ ŽŵƉƵƚĂƟŽŶĂů &ůƵŝĚ LJŶĂŵŝĐƐ ; & Ϳ͕ &ůƵŝĚͲ^ƚƌƵĐƚƵƌĞ /ŶƚĞƌĂĐƟŽŶ ;&^/Ϳ͕ ĨĂŝůƵƌĞ ŵŽĚĞ ĂŶĂůLJƐŝƐ͕ ĂĐŽƵƐƟĐ ƐƚƵĚŝĞƐ͕ ďĞĂƌŝŶŐ ƐƚƌĞƐƐ ĂŶĂůLJƐŝƐ͕ ĂŶĚ ǀŝƌƚƵĂů ƉƌŽƚŽƚLJƉŝŶŐ͘ ŶŽƚŚĞƌ ŵŝůĞƐƚŽŶĞ ǁĂƐ ƐĞƚ ŝŶ ϮϬϭϭ͕ ǁŚĞŶ ͘^͘d͘ ƐƚĂƌƚĞĚ ŝƚƐ ŽŶƐƵůƚĂƟǀĞ ^ĞƌǀŝĐĞƐ ĂŶĚ dƌŽƵďůĞƐŚŽŽƟŶŐ ĨŽƌ ƚƵƌďŽŵĂĐŚŝŶĞƌLJ͘ dŚĞƐĞ ŝŶĐůƵĚĞ ĐĞŶƚƌŝĨƵŐĂů ĐŽŵƉƌĞƐƐŽƌƐ͕ ƐƚĞĂŵ ĂŶĚ ŐĂƐ ƚƵƌďŝŶĞƐ ĂŶĚ ĐĞŶƚƌŝĨƵŐĂů ƉƵŵƉƐ͕ ǁŚŝĐŚ ƐŽŽŶ ďƌŽƵŐŚƚ ƵƐ ĂůƐŽ ƚŽ ƚŚĞ ĚĞƐŝŐŶ ŽĨ ŵĂĐŚŝŶĞ ĐŽŵƉŽŶĞŶƚƐ ĨŽƌ ĐĞŶƚƌŝĨƵŐĂů ĐŽŵƉƌĞƐƐŽƌƐ͘ dŚĞ ůĂƚĞƐƚ ƐƚĞƉ ǁĂƐ ƚŽ ĂĚĚ ƚŽ ƚŚĞ ĐŽŵƉĂŶLJ͛Ɛ ĐŽŵƉĞƚĞŶĐĞƐ ĂůƐŽ ƚŚĞ ĚĞƐŝŐŶ ĂŶĚ ĞdžĞĐƵƟŽŶ ŽĨ ĐŽŵƉůĞƚĞ ĐŽŵƉƌĞƐƐŽƌ ƐLJƐƚĞŵ ƉƌŽũĞĐƚƐ͘ dŚŝƐ ƐĞƌǀŝĐĞ ŝƐ ĐŽŵƉƌĞŚĞŶƐŝǀĞ ŽĨ ĞŶŐŝŶĞĞƌŝŶŐ͕ ǁŝƚŚ ƉŝƉŝŶŐ ĂĐŽƵƐƟĐĂů ĂŶĚ ƐƚƌƵĐƚƵƌĂů ƐƚƵĚŝĞƐ͕ ŝŶƐƚƌƵŵĞŶƚĂƟŽŶ ĂŶĚ ĐŽŶƚƌŽů͕ ƵƉ ƚŽ ŵĂƚĞƌŝĂů ƌĞƋƵŝƐŝƟŽŶ͕ ƉƌŽĐƵƌĞŵĞŶƚ ƐƉĞĐŝĮĐĂƟŽŶ͕ ďŝůů ŽĨ ŵĂƚĞƌŝĂů ; ŽDͿ͕ ďĂůĂŶĐĞ ŽĨ ƉůĂŶƚ ; ŽWͿ͕ ƚĞƐƟŶŐ ĂŶĚ ƐƵƉĞƌǀŝƐŝŽŶ͕ ĂŶĚ ƚŽƚĂů ƉƌŽũĞĐƚ ŵĂŶĂŐĞŵĞŶƚ͘ KƵƌ ĐŽŵƉĂŶLJ ŝƐ ƉƌĞƐĞŶƚůLJ ŵĂĚĞ ďLJ ĨŽƵƌ ŵĂŝŶ ĚŝǀŝƐŝŽŶƐ͗ DĂĐŚŝŶĞ ĚĞƐŝŐŶ͕ ^LJƐƚĞŵ ĞŶŐŝŶĞĞƌŝŶŐ ĂŶĚ ĐŽŶƐƚƌƵĐƟŽŶ͕

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^ĞƌǀŝĐĞ ĂŶĚ ZĞŵŽƚĞ ŝĂŐŶŽƐƟĐ ĂŶĚ ZĞƐĞĂƌĐŚ ĂŶĚ ĞǀĞůŽƉŵĞŶƚ͘ dŚĂŶŬƐ ĂůƐŽ ƚŽ ƚŚĞ ŝŶƚĞŐƌĂƟŽŶ ǁŝƚŚ ŚŝŐŚůLJ ƋƵĂůŝĮĞĚ ƉĂƌƚŶĞƌƐ͕ ƚĞĐŚŶŝĐĂů ƵŶŝǀĞƌƐŝƟĞƐ͕ ŚŝŐŚͲ ƉĞƌĨŽƌŵĂŶĐĞ ĐŽŵƉƵƟŶŐ ĐĞŶƚĞƌƐ͕ ĂŶĚ ŝŶƚĞƌŶĂƟŽŶĂů ƌĞŐƵůĂƚŽƌLJ ďŽĚŝĞƐ͕ ŶŽǁĂĚĂLJƐ ͘^͘d͘ ŝƐ ĐĂƉĂďůĞ ŽĨ ŽīĞƌŝŶŐ

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ĨƵůůͲƐĐŽƉĞ ĐƵƐƚŽŵĞƌ ƐƵƉƉŽƌƚ ĨƌŽŵ ƚŚĞ ĐŽŶĐĞƉƚƵĂů ĚĞƐŝŐŶ ƚŽ ƚŚĞ ĮŶĂů ƉƌŽũĞĐƚ ĞdžĞĐƵƟŽŶ͕ ĂŶĚ ŽŶ ƚŽ ƚƌŽƵďůĞƐŚŽŽƟŶŐ͕ ƌĞŵŽƚĞ ŵŽŶŝƚŽƌŝŶŐ ĂŶĚ ĚŝĂŐŶŽƐƟĐ͕ ƌĞǀĂŵƉŝŶŐ͕ ĐŽŶǀĞƌƐŝŽŶƐ͕ ƵƉŐƌĂĚĞƐ͕ ĂƐƐĞƚ ůŝĨĞĐLJĐůĞ ŵĂŶĂŐĞŵĞŶƚ͕ ƐŝƚĞ ƐĞƌǀŝĐĞ ĂŶĚ ĮĞůĚ ƐƵƉĞƌǀŝƐŝŽŶ͘ /Ŷ ƚŚĞ ƐƉĂŶ ŽĨ ϭϱ LJĞĂƌƐ ͘^͘d͘ ŚĂƐ ƚƌĂŶƐĨŽƌŵĞĚ ĨƌŽŵ Ă ůŽĐĂů ŵĂŝŶƚĞŶĂŶĐĞ ĞŶŐŝŶĞĞƌŝŶŐ ƉƌŽǀŝĚĞƌ͕ ŝŶƚŽ ĂŶ ŝŶƚĞƌŶĂƟŽŶĂů ƉůĂLJĞƌ ĨŽƌ ĐƌŝƟĐĂů ŵĂĐŚŝŶĞ ĂƉƉůŝĐĂƟŽŶƐ ŝŶ ƚŚĞ Kŝů Θ 'ĂƐ ĂŶĚ ŽƚŚĞƌ ŝŶĚƵƐƚƌŝĂů ƐĞĐƚŽƌƐ͘ dŚĞ ŽŵƉĂŶLJ ƐƚĂī ŝƐ ŶŽǁĂĚĂLJƐ ŽĨ ĂďŽƵƚ ϱϬ ƉĞŽƉůĞ ĂŶĚ ǁŚŝůĞ Ăƚ ƚŚĞ ďĞŐŝŶŶŝŶŐ ƚŚĞ ĐŽŵƉĂŶLJ ďƵƐŝŶĞƐƐ ǁĂƐ ĂůŵŽƐƚ ϵϬй ŝŶ /ƚĂůLJ͕ ŝŶ ƚŚĞ ŶĞdžƚ LJĞĂƌ ͘^͘d͘ ĞdžƉĞĐƚƐ ƚŽ ƌĞĂĐŚ ϱϬй ŽĨ ƐĂůĞƐ ĨƌŽŵ ĨŽƌĞŝŐŶ ŵĂƌŬĞƚƐ͕ ŽīĞƌŝŶŐ Ă ƋƵŝĐŬ ŵŽďŝůŝnjĂƟŽŶ ĐĂƉĂďŝůŝƚLJ ĨŽƌ ĂŶLJ ƉƌŽũĞĐƚ Ăůů ĂƌŽƵŶĚ ƚŚĞ ǁŽƌůĚ͘ KƵƌ ĐůŝĞŶƚƐ ĐŽŵĞ ƚŽĚĂLJ ĨƌŽŵ Ă ǁŝĚĞ ƌĂŶŐĞ ŽĨ ŝŶĚƵƐƚƌŝĞƐ ŝŶĐůƵĚŝŶŐ DĂĐŚŝŶĞƌLJ ĂŶĚ ĞƋƵŝƉŵĞŶƚ K DƐ͕ ƋƵŝƉŵĞŶƚ WĂĐŬĂŐĞƌƐ͕ W ŽŶƚƌĂĐƚŽƌƐ͕ ŶĚ hƐĞƌƐ͕ ^ĞƌǀŝĐĞ ŽŵƉĂŶŝĞƐ͘ tĞ ƚŚŝŶŬ ƚŚĂƚ ƚŚĞ ŵĂŝŶ ƌĞĂƐŽŶ ŽĨ ƚŚĞ ƐƵĐĐĞƐƐ ŽĨ ^d ƐƚĂLJƐ ŝŶ ƚŚĞ ĐĂƉĂďŝůŝƚLJ ƚŽ ǁŽƌŬ ŽŶ ƚŚĞ ĐŽŵƉůĞƚĞ ŵĂĐŚŝŶĞƌLJ ĐLJĐůĞ͕ ǁŚŝĐŚ ĂůůŽǁƐ ƚŚĞ ĐŽŶƟŶƵŽƵƐ ƚƌĂŶƐĨĞƌ ŽĨ ƚŚĞ ĮĞůĚ ĞdžƉĞƌŝĞŶĐĞ ƚŽ ƚŚĞ ŶĞǁ ĚĞƐŝŐŶ ĂŶĚ ǀŝĐĞ ǀĞƌƐĂ ƚŚĞ ƉŽƐƐŝďŝůŝƚLJ ƚŽ ĨĂĐĞ ƚŚĞ ĮĞůĚ ƉƌŽďůĞŵƐ ǁŝƚŚ ƚŚĞ ĚĞƐŝŐŶ ĐŽŵƉĞƚĞŶĐĞ͘

ExxonMobil Starts New Unit to Increase Ultra-Low Sulfur Fuels Production

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PRESS

SPRING, Texas 26 September 2018- ExxonMobil said today that a new unit at its integrated Beaumont, Texas facility has started operations, increasing production of ultra-low sulfur fuels by about 45,000 barrels per day. The new unit relies on a proprietary catalyst system developed by ExxonMobil to remove sulfur and meet U.S. Environmental Protection Agency specifications while minimizing octane loss.

The addition of the new unit, ExxonMobil’s second major investment in Beaumont in less than two years, has supported more than 800 construction jobs. In 2016, the company increased the capacity of an existing crude unit by 20,000 barrels per day and added the flexibility to process light crudes. Both projects are components of ExxonMobil’s Growing the Gulf initiative.

“Our latest investment in Beaumont will produce cleaner, higher-value products using unique and efficient proprietary catalysts and processes,” said Bryan W. Milton, president ExxonMobil Fuels & Lubricants Company. “The new unit at Beaumont will further enhance our competitiveness and strengthen ExxonMobil’s position as a leader among Gulf Coast refiners.”

The company is expanding its polyethylene manufacturing capacity by 650,000 tonnes per year by 2019 and is proceeding with front-end engineering, design and other preparatory work to further increase the refinery’s crude refining capacity. Construction of the new crude unit, which is subject to a final investment decision, is scheduled to begin in 2019, with startup anticipated by 2022.

The Beaumont facility has logistics advantages because of its proximity to nearby terminals, railways, pipelines and waterways. It also will benefit from Permian production growth. More than 2,000 employees support its refining and chemical manufacturing operations.

The abundance of domestically produced oil and natural gas has dramatically reduced energy costs and created new sources of feedstock for U.S. refining and chemical manufacturing.

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7KH %UDQG RI 6SHFLDO &DEOHV PDGH LQ ,WDO\ RSHQV RƯFHV LQ 'XEDL South ^ƉĞĐŝĂů ĂďůĞƐ LJŽƵ ĐĂŶ ƚƌƵƐƚ ZĂŵĐƌŽ Ɛ͘Ɖ͘Ă͘ ŝƐ ĂŶ /ƚĂůŝĂŶ ĨĂŵŝůLJ ĐŽŵƉĂŶLJ͕ ƉƌŽĚƵĐŝŶŐ ŚŝŐŚ ƋƵĂůŝƚLJ ƐƉĞĐŝĂů ĐĂďůĞƐ ĂŶĚ ĐŽǀĞƌŝŶŐ ǁŽƌůĚǁŝĚĞ ŵĂƌŬĞƚƐ ĨƌŽŵ ŽǀĞƌ ϯϱ LJĞĂƌƐ͘ >ĞĂĚĞĚ ďLJ ŝƚƐ K͕ Dƌ͘ ĂƌůŽ ƌŽĐŝ͕ ƚŚĞ ŽŵƉĂŶLJ ŚĂƐ ĞdžƉĂŶĚĞĚ ƉƌŽŐƌĞƐƐŝǀĞůLJ ƚŚĞ ďƵƐŝŶĞƐƐ͕ ŝŶǀĞƐƟŶŐ ŝŶ ƐŬŝůůĞĚ ƉĞŽƉůĞ͕ ŶĞǁ ĞƋƵŝƉŵĞŶƚ͕ ĮƌƐƚ ƋƵĂůŝƚLJ ƌŽǁ ŵĂƚĞƌŝĂůƐ ĂŶĚ ŝŶŶŽǀĂƟŽŶ͘ dŽĚĂLJ ZĂŵĐƌŽ ^Ɖ ŝƐ ŽŶĞ ŽĨ ƚŚĞ ŵŽƐƚ ƐƵĐĐĞƐƐĨƵů ^ƉĞĐŝĂů ĂďůĞƐ ŵĂŶƵĨĂĐƚƵƌĞƌ ŝŶ ƵƌŽƉĞ ĂŶĚ ŽŶĞ ŽĨ ƚŚĞ ŵŽƐƚ ǁĞůůŬŶŽǁŶ ďƌĂŶĚ ŝŶ ƚŚĞ tŽƌůĚ͘ dŚĞ ŬĞLJ ĨĂĐƚŽƌƐ ŽĨ ZĂŵĐƌŽ ƐƵĐĐĞƐƐ ĂƌĞ ŵƵůƟƉůĞ ďƵƚ ƚŚĞƐĞ ĐĂŶ ďĞ ďƌŝĞĨ ŝŶ ƚŚĞ ĐĂƉĂďŝůŝƚLJ ƚŽ ŚĂǀĞ Ă ůĂƌŐĞ ĐĂďůĞƐ ŽƉƟŽŶƐ͕ Ă ƐƵƉĞƌŝŽƌ ƚƌƵƐƚĂďůĞ ĐĂďůĞƐ ƋƵĂůŝƚLJ ĂŶĚ Ă ĚĞĞƉ ŵĂƌŬĞƚ ƉƌĞƐĞŶĐĞ͘ Ɛ Ă ŵĂƩĞƌ ŽĨ ĨĂĐƚ ZĂŵĐƌŽ ŝƐ ĚŝƐƚƌŝďƵƚĞĚ ŝŶ ŵŽƌĞ ƚŚĂŶ ϰϬ ŽƵŶƚƌŝĞƐ ĂŶĚ ŚĂƐ ĚŝƌĞĐƚ ŽĸĐĞƐ ƉƌĞƐĞŶĐĞ ŝŶ ĚŝīĞƌĞŶƚ ƌĞĂƐ͕ ƚŚĞ ŵŽƐƚ ƌĞĐĞŶƚ ŽŶĞ ŝƐ ƚŚĞ ĐŽŵƉĂŶLJ ZĂŵĐƌŽ D E t Ͳ>> ůŽĐĂƚĞĚ ŝŶ ƵďĂŝ tŽƌůĚ ĞŶƚƌĂů͕ h ͘ dŚĞ ŐĂŵŵĂ ŽĨ ĐĂďůĞƐ ĨĂŵŝůŝĞƐ ŝƐ ŽŶĞ ŽĨ ƚŚĞ ŵŽƐƚ ĐŽŵƉůĞƚĞ ŝĨ ĐŽŵƉĂƌĞĚ ǁŝƚŚ ƚŚĞ ŽƚŚĞƌ ƵƌŽƉĞĂŶ ĨĂĐƚŽƌŝĞƐ͘ ZĂŵĐƌŽ ŝƐ ĂďůĞ ƚŽ ŵĂŶƵĨĂĐƚƵƌĞ ;ďƵƚ ŶŽƚ ůŝŵŝƚĞĚ ƚŽͿ ĮƌĞ ƌĞƐŝƐƚĂŶƚ ĐĂďůĞƐ͕ ƵŝůĚŝŶŐ DĂŶĂŐĞŵĞŶƚ ^LJƐƚĞŵƐ ĐĂďůĞƐ͕ &ŝďĞƌ ŽƉƟĐĂů ĐĂďůĞƐ ĂŶĚ /ŶƐƚƌƵŵĞŶƚĂƟŽŶ ĐĂďůĞƐ ĨŽƌ Kŝů Θ 'ĂƐ Žƌ tĂƚĞƌ dƌĞĂƚĞŵĞŶƚ Θ ĞƐĂůŝŶĂƟŽŶ WůĂŶƚƐ͕ ĂƐ ǁĞůů ĂƐ ĐƵƐƚŽŵŝnjĞĚ ĐĂďůĞƐ͘ ZĂŵĐƌŽ ĂĚŽƉƚĞĚ ĂŶ /ŶƚĞŐƌĂƚĞĚ DĂŶĂŐĞŵĞŶƚ ^LJƐƚĞŵ ĐŽŵƉůLJŝŶŐ ǁŝƚŚ ƚŚĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨ hE/ E /^K ϵϬϬϭ͕ hE/ E /^K ϭϰϬϬϭ͕ ^ K,^ ^ ϭϴϬϬϭ͘ ĚĚŝƟŽŶŶĂůůLJ ĞĂĐŚ ZĂŵĐƌŽ ĐĂďůĞƐ ĨĂŵŝůLJ ŝƐ ĨƵůůLJ ĐĞƌƟĮĞĚ ĂĐĐŽƌĚŝŶŐ ƚŽ ƚŚĞ ŵŽƐƚ ƌĞůŝĂďůĞ ĂŶĚ ŝŶƚĞƌŶĂƟŽŶĂů ƐƚĂŶĚĂƌĚƐ͘ KhZ D/^^/KE Ğ ƉƌĞĨĞƌƌĞĚ ƉĂƌƚŶĞƌƐ ƚŽƌ ĚĞŵĂŶĚŝŶŐ ĐƵƐƚŽŵĞƌƐ͕ ǁŚŽ ƌĞƋƵŝƌĞ ŚŝŐŚ ƉĞƌĨŽƌŵŝŶŐ͕ ĂĚĚĞĚ ǀĂůƵĞ ĐĂďůĞƐ͘ tĞ ĂĐŚŝĞǀĞ ƚŚŝƐ ďLJ ƐƵƉƉůLJŝŶŐ͗ Ͳ^ƉĞĐŝĂů ĐĂďůĞƐ ĐƵƐƚŽŵŝnjĞĚ ƚŽ ŵĂƚĐŚ ƚŽƉ ƋƵĂůŝƚLJ ĂŶĚ ƐƚƌŽŶŐĞƐƚ ƉĞƌĨŽƌŵĂŶĐĞ ŵĂƌŬĞƚ ƌĞƋƵŝƌĞŵĞŶƚƐ Ͳ&ŝƌĞ ƌĞƐŝƐƚĂŶƚ ĐĂďůĞƐ ƚĞƐƚĞĚ ĂŶĚ ĐĞƌƟĮĞĚ ĂĐĐŽƌĚŝŶŐ ƚŽ Ăůů ŵĂŝŶ ŝŶĚƵƐƚƌLJ ƐƚĂŶĚĂƌĚƐ Ͳ,ŝŐŚ ƚĞĐŚŶŽůŽŐLJ ŝŶƐƚƌƵŵĞŶƚĂƟŽŶ ĐĂďŝĞƐ ƐƵŝƚĂďůĞ ƚŽ ŽƉĞƌĂƚĞ ƵŶĚĞƌ ĞdžƚƌĞŵĞ ĞŶǀŝƌŽŶŵĞŶƚĂů ĐŽŶĚŝƟŽŶƐ͘ KhZ D /E >/ Ed^ EK Ͳ K Ͳ ' ^ Ͳ D Ͳ KhZKh' d <Z Z Ͳ K Ͳ K>W,/E E Z'z Ͳ' ^ K Ͳ D ZͲ E/ Ͳ yyKE DK /> Ͳ Zt Ͳ< ,Z D Ͳ>h<K/> ͲKZW/ ͲW K ͲY d Z W dZK> hD Ͳt^W zKh E dZh^d h^ &KZ ͘​͘​͘ Ͳ^ƚƌŽŶŐ ĐƵƐƚŽŵĞƌ ŽƌŝĞŶƚĂƟŽŶ͗ ϴϬй ƚƵƌŶŽǀĞƌ ŵĂĚĞ ǁŝƚŚ ĐƵƐƚŽŵĞƌ ǁŽƌŬŝŶŐ ǁŝƚŚ ƵƐ ƐŝŶĐĞ ŵŽƌĞ ƚŚĂŶ ϭϱ LJĞĂƌƐ ͲdĂŝůŽƌĞĚ ƐŽůƵƟŽŶƐ ƚŽ ĂŶLJ ƚĞĐŚŶŝĐĂů ƌĞƋƵŝƌĞŵĞŶƚ Ͳ,ŝŐŚ ƋƵĂůŝƚLJ ƐƚĂŶĚĂƌĚƐ ŝŶ ƉƌŽĚƵĐƚƐ͕ ƉƌŽĐĞƐƐĞƐ ĂŶĚ ƉĞŽƉůĞ ͲKƵƚƐƚĂŶĚŝŶŐ ǁŽƌůĚǁŝĚĞ ĞdžƉĞƌŝĞŶĐĞ Ͳ&ůĞdžŝďůĞ ƌĞůŝĂďůĞ ĂŌĞƌ ƐĂůĞƐ ƐĞƌǀŝĐĞƐ &Žƌ ŵŽƌĞ ŝŶĨŽƌŵĂƟŽŶ͗ ĞƌŝŬĂŐĂůƟĞƌŝΛƌĂŵĐƌŽŵĞŶĂ͘ĐŽŵ ǁǁǁ͘ƌĂŵĐƌŽ͘ĐŽŵ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

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149

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/ƚ ŝƐ a well-kŶŽǁŶ ĨĂĐƚ ƚŚĂƚ ƚŚĞ ĨŽƐƐŝů ĨƵĞů ŝŶĚƵƐƚƌLJ ŚĂƐ ĚŽŵŝŶĂƚĞĚ ƚŚĞ ĞĐŽŶŽŵLJ ŽĨ ƚŚĞ 'ƵůĨ ŽŽƉĞƌĂƟŽŶ ŽƵŶĐŝů ;' Ϳ ĐŽƵŶƚƌŝĞƐ ĚƵƌŝŶŐ ƚŚĞ ůĂƐƚ ĨĞǁ ĚĞĐĂĚĞƐ͘ dŚĞ DŝĚĚůĞ ĂƐƚ ĂŶĚ EŽƌƚŚ ĨƌŝĐĂ ;D E Ϳ ƌĞŐŝŽŶ ĂƌĞ ďůĞƐƐĞĚ ǁŝƚŚ Ă ƋƵĂŶƟƚLJ ŽĨ ĂŶŶƵĂů ƐƵŶůŝŐŚƚ ǁŚŝĐŚ ƵŶƟů ƌĞĐĞŶƚůLJ ŚĂƐ ďĞĞŶ ŵŽƌĞ ŽĨ Ă ůŝĂďŝůŝƚLJ ƚŚĂŶ ĂŶ ĂƐƐĞƚ͕ ĂƐ ůĂƌŐĞ ĂƌĞĂƐ ŽĨ ƚŚĞ ƌĞͲ ŐŝŽŶ͛Ɛ ůĂŶĚ ŝƐ ƚŽŽ ĚƌLJ ĨŽƌ ĂŐƌŝĐƵůƚƵƌĞ͘ ,ŽǁĞǀĞƌ͕ Ăůů ŽĨ ƚŚĂƚ ŝƐ ĐŚĂŶŐŝŶŐ͘ ŝƌĞĐƚ ƌĂĚŝĂƟŽŶ ĞdžĐĞĞĚŝŶŐ ϮϬϬϬ ŬtŚͬŵϮ ƉĞƌ ĚĂLJ ŝŶ h ͕ ĂŚƌĂŝŶ͕ YĂƚĂƌ͕ <ŝŶŐĚŽŵ ŽĨ ^ĂƵĚŝ ƌĂďŝĂ ĂŶĚ KŵĂŶ ŵĂŬĞƐ ĨŽƌ ĂǁĞƐŽŵĞ ƐŽůĂƌ ƉŽƚĞŶƟĂů͊ ZĞĐĞŶƚ ĚĞǀĞůͲ ŽƉŵĞŶƚƐ ƐŚŽǁ ƚŚĂƚ ŵŽƐƚ ŽĨ ƚŚĞ 'ƵůĨ ŽŽƉĞƌĂƟŽŶ ŽƵŶĐŝů ;' Ϳ ĐŽƵŶƚƌŝĞƐ ƉůĂŶ ƚŽ ŝŶĐƌĞĂƐĞ ƚŚĞ ƐŚĂƌĞ ŽĨ ƌĞŶĞǁĂďůĞ ĞŶĞƌŐLJ ;Z Ϳ ŝŶ ƚŚĞŝƌ ĨƵƚƵƌĞ ĞůĞĐƚƌŝĐĂů ƉŽǁĞƌ ƉƌŽĚƵĐƟŽŶ͘ ƵĞ ƚŽ ƚŚĞ ŚŝŐŚͲƐŽůĂƌ ƌĂĚŝĂƟŽŶ ŝŶ ƚŚĞ ' ƌĞŐŝŽŶ͕ ƚŚĞ ĨŽĐƵƐ ŝƐ ŶŽǁ ŽŶ ƐŽůĂƌ ƉŚŽƚŽǀŽůƚĂŝĐ ĞŶĞƌŐLJ ĚĞǀĞůŽƉŵĞŶƚ͘ ŶŶƵĂů ĂǀĞƌĂŐĞ ƐŽůĂƌ ƌĂĚŝĂƟŽŶ ǁŝƚŚŝŶ ƚŚĞ ' ĐŽƵŶƚƌŝĞƐ ŝƐ ƌĞůĂƟǀĞůLJ ĞƋƵĂů ƚŽ ϭ͘ϭ ďĂƌƌĞů ŽĨ Žŝů ĞƋƵŝǀĂůĞŶƚ ƉĞƌ ŵϮ͘ dŚĞ ƌĂĚŝĂƟŽŶ ŝƐ ƚŚĞ ŚŝŐŚĞƐƚ ŝŶ <ƵǁĂŝƚ͕ ŝŶ :ƵŶĞʹ:ƵůLJ͕ ;ϴϮϬϬ ͘;ŬtŚͬŵϮͿ ĂŶĚ ƚŚĞ ůŽǁĞƐƚ ŝŶ KŵĂŶ ;ϲϰϬϬ ŬtŚͬŵϮ dŚĞ ƉŽƚĞŶƟĂů ĨŽƌ ƉŚŽƚŽǀŽůƚĂŝĐ ƉĂŶĞůƐ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ŝŶ ƚŚĞƐĞ ĐŽƵŶƚƌŝĞƐ ŝƐ ƵŶĚĞŶŝĂďůĞ ĂŶĚ ĐŽƉƌŽŐĞƫ͕ ƐƉĞĐŝĂůŝƐƚ ƉƌŽĚƵĐĞƌ ŽĨ ĐŽŵƉůĞƚĞ ƚƵƌŶŬĞLJ ƐŽůƵƟŽŶƐ͕ ƚŽŽŬ ŝƚƐ ƐƚƌĂƚĞŐŝĐ ƉŽƐŝƟŽŶ ŝŶ ƚŚŝƐ ŵĂƌŬĞƚ ĞŶǀŝƌŽŶŵĞŶƚ ĂŶĚ ĐƌĞĂƚĞĚ ƵŶŝƋƵĞ͕ ĐŽŵƉůĞƚĞ ƚƵƌŶŬĞLJ ůŝŶĞƐ ŽĨ ŐƌĞĂƚ ĞĸĐŝĞŶĐLJ ǁŝƚŚ ƐŵĂůů͕ ŵĞĚŝƵŵ Žƌ ůĂƌŐĞ ƐŝnjĞĚ ƉƌŽĚƵĐƟŽŶ ůŝŶĞƐ͕ ĨƌŽŵ ϭϬDt ƚŽ ϭ͘Ϯ't͘ ĐŽƉƌŽŐĞƫ ŚĂƐ ďĞĞŶ ĚĞƐŝŐŶŝŶŐ͕ ĚĞǀĞůŽƉŝŶŐ ĂŶĚ ĚĞůŝǀĞƌŝŶŐ ƉƌŽĚƵĐƟŽŶ ƐŽůƵƟŽŶƐ ĨŽƌ Ws ƉĂŶĞůƐ ŽĨ ƚŚĞ ŵŽƐƚ

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INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ǀĂƌŝŽƵƐ ƐŝnjĞƐ ĂŶĚ ƚLJƉĞƐ͕ ĨŽƌ Ă ƚŽƚĂů ŽĨ ŵŽƌĞ ƚŚĂŶ ϴ't ŽĨ ƉƌŽĚƵĐƟŽŶ ĞĸĐŝĞŶĐLJ ŝŶƐƚĂůůĞĚ ǁŽƌůĚǁŝĚĞ͕ ' ŝŶĐůƵĚĞĚ͘ dŽĚĂLJ͕ ϮϬ LJĞĂƌƐ ĂŌĞƌ ƚŚĞ ďƵƐŝŶĞƐƐ ƐƚĂƌƚĞĚ ĂŶĚ ǁŝƚŚ ƚŚĞ ƐŽůĂƌ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ůĂŶĚƐĐĂƉĞ ĂŐĂŝŶ ĐŚĂŶŐŝŶŐ ĞƐƉĞĐŝĂůůLJ ŝŶ ƚŚĞ ǁĞƐƚĞƌŶ ƉŚŽƚŽǀŽůƚĂŝĐ ŵĂƌŬĞƚƐ͕ ĐŽƉƌŽŐĞƫ͕ ǁŝƚŚ ŝƚƐ ŐƌĞĂƚ ƚĞĂŵ ŽĨ ƉĂƐƐŝŽŶĂƚĞ ĞŶŐŝŶĞĞƌƐ ĂŶĚ ĚĞĚŝĐĂƚĞĚ ŵĂŶĂŐĞŵĞŶƚ͕ ƌĞŵĂŝŶƐ ƚŽ ďĞ ƚŚĞ EƵŵďĞƌ ϭ ĐŚŽŝĐĞ ĨŽƌ ŝƚƐ ĐƵƐƚŽŵĞƌƐ͘ dŽ ĂĚĚƌĞƐƐ ƚŚĞ ŝŶĐƌĞĂƐŝŶŐ ĐŽƐƚ ƉƌĞƐƐƵƌĞ ĂŶĚ ĐŽŵƉĞƟƟǀĞŶĞƐƐ ŝŶ ƚŚĞ ŵĂƌŬĞƚ͕ ƚŚĞ ĐŽƉƌŽŐĞƫ ƚĞĂŵ ĐŽŶƟŶƵĞƐ ƚŽ ĨŽĐƵƐ ŽŶ ŽīĞƌŝŶŐ ŝŶŶŽǀĂƟǀĞ ĂŶĚ ŇĞdžŝďůĞ ƉƌŽĚƵĐƟŽŶ ƐŽůƵƟŽŶƐ ĐŽƵƉůĞĚ ǁŝƚŚ ďĞƐƚ ĐƵƐƚŽŵĞƌ ƐĞƌǀŝĐĞ ʹ ŽĨ ĐŽƵƌƐĞ Ăƚ ĐŽŵƉĞƟƟǀĞ ƉƌŝĐĞƐ͘ DŽƌĞ ĂŶĚ ŵŽƌĞ ŶĞǁ ŵŽĚƵůĞ ƉƌŽĚƵĐĞƌƐ ĂƌĞ ǁĞůĐŽŵŝŶŐ ƚŚĞ ƚƌĞŶĚŝŶŐ ƚĞĐŚŶŽůŽŐLJ ŽĨ ŝĨĂĐŝĂů WĞƌĐ ĐĞůůƐ ĂŶĚ ĚŽƵďůĞ ŐůĂƐƐ ŵŽĚƵůĞƐ ǁŚŝĐŚ ŚŝŐŚůLJ ŝŶĐƌĞĂƐĞƐ ƚŚĞ ŵŽĚƵůĞ ĞĸĐŝĞŶĐLJ ŽĨ ƚŚĞ ƐŽůĂƌ ƉĂŶĞůƐ͕ ƐĞƌǀŝŶŐ ĞǀĞƌŵŽƌĞ ĚĞŵĂŶĚŝŶŐ ĂŶĚ ŬŶŽǁůĞĚŐĞĂďůĞ ĐƵƐƚŽŵĞƌƐ͘ ĐĐŽƌĚŝŶŐ ƚŽ ĂŶ /ŶƚĞƌŶĂƟŽŶĂů ZĞŶĞǁĂďůĞ ŶĞƌŐLJ ŐĞŶĐLJ ;/Z E Ϳ ƌĞƉŽƌƚ͕ ƚŚĞ ' ĐŽƵŶƚƌŝĞƐ ĐŽƵůĚ ŐĂŝŶ ŶƵŵĞƌŽƵƐ ďĞŶĞĮƚƐ ĨƌŽŵ Z ŝŵƉůĞŵĞŶƚĂƟŽŶ͘ dŚĞƐĞ ŝŶĐůƵĚĞ Žŝů ƐĂǀŝŶŐƐ ŽĨ ĂďŽƵƚ ϰϬϬ ďŝůůŝŽŶ ďĂƌƌĞůƐ ĂŶĚ ĐƌĞĂƟŶŐ ϮϭϬ͕ϬϬϬ ũŽďƐ ďLJ ƚŚĞ LJĞĂƌ ϮϬϯϬ͘ >ŝŬĞ ŽƚŚĞƌ ' ĐŽƵŶƚƌŝĞƐ͕ ƚŚĞ h ŚĂƐ ŚƵŐĞ ƐŽůĂƌ ƉŽƚĞŶƟĂůƐ ǁŝƚŚ ƚŚĞ ŵĞĂŶ ĂŶŶƵĂů ƐŽůĂƌ ƌĂĚŝĂƟŽŶ ŽĨ ϮϮϴϱ ŬtŚͬŵϮ ĂŶĚ ĂǀĞƌĂŐĞ ƐƵŶƐŚŝŶĞ ŽĨ ϭϬ Ś ƉĞƌ ĚĂLJ͘ YĂƚĂƌ ŝƐ Ă ĐŽƵŶƚƌLJ ǁŝƚŚ ĂďƵŶĚĂŶƚ ƐŽůĂƌ ƌĞƐŽƵƌĐĞƐ͕ ƌĞƉŽƌƚĞĚ ƚŽ ďĞ ƵƉ ƚŽ Ϯϭϭϯ ŬtŚͬŵϮͬLJĞĂƌ ĨŽƌ ƚŚĞ ŐƌŽƵŶĚ ŵĞĂƐƵƌĞĚ LJĞĂƌůLJ ĂǀĞƌĂŐĞ͕ ĐĂůĐƵůĂƚĞĚ ĐŽŶƐŝĚĞƌŝŶŐ ƚŚĞ ϰͲLJĞĂƌ ƉĞƌŝŽĚ

ENERGY

ECOPROGETTI

ƌŝǀŝŶŐ ĨĂĐƚŽƌƐ ĨŽƌ ƌĞŶĞǁĂďůĞ ĞŶĞƌŐLJ ŐƌŽǁƐ ŝŶ ' ŽĨ ĐŽŝŶĐŝĚĞŶƚ ĚĂƚĂ͘ ůƐŽ ^ĂƵĚŝ ƌĂďŝĂ ŝƐ ůŽŽŬŝŶŐ ƚŽ ĚĞǀĞůŽƉ ĂŶ ŝŶĚƵƐƚƌLJ ŽĨ Ws ŵŽĚƵůĞ ŵĂŶƵĨĂĐƚƵƌŝŶŐ͘ hŶĚĞƌ ŝƚƐ sŝƐŝŽŶ ϮϬϯϬ ƉƌŽŐƌĂŵ͕ ŝƚ ŝƐ ƌĞƐƚƌƵĐƚƵƌŝŶŐ ŝƚƐ ĞůĞĐƚƌŝĐŝƚLJ ŵĂƌŬĞƚ ĂŶĚ ĂůůŽǁŝŶŐ ƚŚĞ ƉĂƌƟĐŝƉĂƟŽŶ ŽĨ ƉƌŝǀĂƚĞ ĐŽŵƉĂŶŝĞƐ ĂŶĚ ŝŶǀĞƐƚŽƌƐ ƌĂƚŚĞƌ ƚŚĂŶ ŝƚ ďĞŝŶŐ ǁŚŽůůLJ Žƌ ƉĂƌƟĂůůLJ ƐƚĂƚĞ ŽǁŶĞĚ͘ ĐŽƉƌŽŐĞƫ ŚĂƐ ƐƵƉƉůŝĞĚ ǀĂƌŝŽƵƐ ƚƵƌŶŬĞLJ ůŝŶĞƐ ĨŽƌ Ws ŵŽĚƵůĞ ŵĂŶƵĨĂĐƚƵƌŝŶŐ ŝŶ ƚŚĞ ' ͕ ĐŽŵƉůĞƚĞ ƚƵƌŶŬĞLJ ůŝŶĞƐ ƚŚĂƚ ƌĂŶŐĞ ĨƌŽŵ ϮϬDtͬLJĞĂƌ ƚŽ ϯϬϬDtͬ LJĞĂƌ ŽĨ ƉƌŽĚƵĐƟŽŶ ĞĸĐŝĞŶĐLJ͘ dŚĞƐĞ ĐŽŵƉĂŶŝĞƐ ĐĂŶ ŶŽǁ ƉƌŽĚƵĐĞ ďĂŶŬĂďůĞ ƟĞƌͲϭ Ws ƉĂŶĞůƐ͕ ĂŶĚ ǁŝƚŚ ĐŽƉƌŽŐĞƫ͛Ɛ ŵĂĐŚŝŶĞƐ͕ ĂůǁĂLJƐ ĐŽŶŶĞĐƚĞĚ ƚŽ ŝŶƚĞƌŶĞƚ ŝƚ ŝƐ ĞĂƐLJ ĨŽƌ ƚŚĞ ĐŽŵƉĂŶLJ ƚŽ ƐƚĂLJ ĐůŽƐĞ ƚŽ ƚŚĞŝƌ ĐƵƐƚŽŵĞƌƐ ǁŚĞŶĞǀĞƌ ƚŚĞLJ ŶĞĞĚ ƉƌŽĚƵĐƟŽŶ ƉƌŽĐĞƐƐ ƐƵƉƉŽƌƚ͘ ŶLJƚŚŝŶŐ ĐŽƉƌŽŐĞƫ ĚĞƐŝŐŶƐ ĂŶĚ ĂƐƐĞŵďůĞƐ ŝƐ ŵĂĚĞ

ϭϬϬй ŝŶ /ƚĂůLJ ǁŝƚŚ ŚŝŐŚ ƵƌŽƉĞĂŶ ƐƚĂŶĚĂƌĚƐ ĂŶĚ Ăůů ŝƚƐ ŝŶŶŽǀĂƟǀĞ ƉƌŽĚƵĐƟŽŶ ƐŽůƵƟŽŶƐ ĂƐ ǁĞůů ĂƐ ƚŚĞ ƐŽŌǁĂƌĞ ĂƌĞ ŵĂĚĞ ŝŶ ŚŽƵƐĞ ďLJ ƐƉĞĐŝĂůŝƐƚƐ ŽĨ ƚŚĞ WŚŽƚŽǀŽůƚĂŝĐ ƉƌŽĚƵĐƟŽŶ ƉƌŽĐĞƐƐ͘

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

153

ENERGY

HITEMA

(ƯFLHQW VROXWLRQV G\QDPLF development and quick answer ,ŝƚĞŵĂΠ /ŶƚĞƌŶĂƟŽŶĂů ŝƐ Ă ƐƉĞĐŝĂůŝƐƚ ŵĂŶƵĨĂĐƚƵƌĞƌ ŽĨ ĐƵƐƚŽŵŝnjĞĚ ƐŽůƵƟŽŶƐ ĨŽƌ ƉƌŽĐĞƐƐ ĐŽŽůŝŶŐ ĂŶĚ ŝŶĚƵƐƚƌŝĂů ĐŽŵĨŽƌƚ ĂƉƉůŝĐĂƟŽŶƐ͘ ,ŝƚĞŵĂΠ͕ ƵŶůŝŬĞ ŵĂŶLJ ŽĨ ŽƵƌ ĐŽŵƉĞƟƚŽƌƐ͕ ŝƐ Ă ĐŽŵƉůĞƚĞ ŝŶĚƵƐƚƌŝĂů ƌĞĂůŝƚLJ͕ ƚŚĂŶŬƐ ƚŽ ŝƚƐ ƉƌŽĚƵĐƟŽŶ ĐĞŶƚĞƌ ĨŽƌ ƚŚĞ ŵĂĐŚŝŶŝŶŐ ŽĨ ƌŽďŽƟĐ ƐŚĞĞƚ ŵĞƚĂů͕ ĐŽƉƉĞƌ ƚƵďĞƐ͕ ĐĂƌďŽŶ ƐƚĞĞů Žƌ ƐƚĂŝŶůĞƐƐ ƐƚĞĞů ƵƉ ƚŽ ƚŚĞ ĐŽŶƐƚƌƵĐƟŽŶ ŽĨ ŚĞĂƚ ĞdžĐŚĂŶŐĞƌƐ ŽĨ ĐŽĂdžŝĂů ƚLJƉĞ ĐĂůůĞĚ ͞ƐĞůĨͲĐůĞĂŶŝŶŐ͘͟ /ƚ ŝƐ Ă ĐŽŵƉůĞƚĞ ƐLJƐƚĞŵ͕ ŵĂĚĞ ƵƉ ŽĨ ŵĞŶ ĂŶĚ ŵĂĐŚŝŶĞƐ ǁŝƚŚ ǀĞƌLJ ĚŝīĞƌĞŶƚ ƐŬŝůůƐ ĂŶĚ ŬŶŽǁůĞĚŐĞ͕ ďƵƚ ĂůǁĂLJƐ ŝŶƚĞƌĐŽŶŶĞĐƚĞĚ͕ ĂďůĞ ƚŽ ƋƵŝĐŬůLJ ĐŚĂŶŐĞ ƚŚĞ ƉƌŽĚƵĐƟŽŶ ĂŶĚ ƚŽ ŝŶĐƌĞĂƐĞ ƚŚĞ ĐƵƐƚŽŵŝnjĂƟŽŶ ŽĨ ƐĞŵŝͲĮŶŝƐŚĞĚ ƉƌŽĚƵĐƚƐ ƵƐĞĚ ŽŶďŽĂƌĚ ƚŚĞ ,ŝƚĞŵĂΠ ŵĂĐŚŝŶĞƐ͘ dŚĞ ŚŝŐŚ ƋƵĂůŝƚLJ ĂĐŚŝĞǀĞĚ ĂůůŽǁƐ ƵƐ ƚŽ ĞdžƉŽƌƚ ŽƵƌ ƉƌŽĚƵĐƚƐ ǁŽƌůĚǁŝĚĞ͕ ŝŶ ƉĂƌƟĐƵůĂƌ ŝŶ ƚŚĞ h^ ͕ ĂŶĂĚĂ͕ ďƵƚ ĂůƐŽ ŝŶ ZƵƐƐŝĂ͘ dŚĞ ǁŝĚĞ ƌĂŶŐĞ ŽĨ ĂƉƉůŝĐĂƟŽŶƐ ƚŚĂƚ ǁĞ ŚĂǀĞ ĚĞǀĞůŽƉĞĚ ŝŶĐůƵĚĞƐ ŚŝŐŚůLJ ĐƵƐƚŽŵŝnjĞĚ ƐĞĐƚŽƌƐ͕ ƐƵĐŚ ĂƐ &ŽŽĚ WƌŽĐĞƐƐŝŶŐ͕ DĞĚŝĐĂů Θ WŚĂƌŵĂĐĞƵƟĐĂů͕ DĂĐŚŝŶĞ dŽŽůƐ͕ WůĂƐƟĐ WƌŽĐĞƐƐŝŶŐ͕ tŝŶĞƌŝĞƐ͕ ƵƚŽŵŽƟǀĞ /ŶĚƵƐƚƌLJ ĂŶĚ ŝƌ ŽŶĚŝƟŽŶŝŶŐ͘ /Ŷ ƚŚĞƐĞ ĂƌĞĂƐ ŽĨ ͞ŶŝĐŚĞ͟ ,ŝƚĞŵĂΠ ŚĂƐ ƌĞĂůŝnjĞĚ ƐLJƐƚĞŵƐ ĐŚĂƌĂĐƚĞƌŝnjĞĚ ďLJ ĞdžĐĞůůĞŶƚ ĞŶĞƌŐLJ ƌĞƐƵůƚƐ͕ ƚŚƵƐ ĂůůŽǁŝŶŐ ƚŚĞ ĐŽŵƉĂŶLJ ƚŽ ĂĐƋƵŝƌĞ ŶĞǁ ƐĞŶƐŝƟǀĞ ŵĂƌŬĞƚƐ͘ ,ŝƚĞŵĂΠ ǁŽƌŬƐ ƚŽ ďĞ Ă ƌĞĨĞƌĞŶĐĞ ƉŽŝŶƚ ĨŽƌ ŝƚƐ ƵƐƚŽŵĞƌƐ ĨƌŽŵ ƚŚĞ ǀĞƌLJ ĞĂƌůŝĞƐƚ ƐƚĂŐĞƐ ŽĨ ƚŚĞ ǁŽƌŬ͘ dŚĂŶŬƐ ƚŽ ŝƚƐ ƚĞĐŚŶŝĐĂů ĚĞƉĂƌƚŵĞŶƚ͕ ĨƵůů ŽĨ ƐƉĞĐŝĮĐ ƐŬŝůůƐ ĨŽƌ ĞĂĐŚ ƐĞĐƚŽƌ͕ ǁĞ ĂƌĞ ĂďůĞ ƚŽ ŐƵĂƌĂŶƚĞĞ Ă ƚŽƉ ƋƵĂůŝƚLJ ƐƵƉƉŽƌƚ ĂůƐŽ ĚƵƌŝŶŐ WƌŽũĞĐƚ ŝŶĐĞƉƟŽŶ͕ ĚĞǀĞůŽƉŵĞŶƚ ĂŶĚ ĚĞƐŝŐŶ͘ ,ŝƚĞŵĂΠ͛ ƚĞĐŚŶŝĐŝĂŶƐ ĂƌĞ ĂďůĞ ƚŽ ƉŽŶĚĞƌ ƚŚĞ ĐŚŽŝĐĞƐ ŽĨ ƚŚĞ ƵƐƚŽŵĞƌ͕ ƚŚƵƐ ďĞĐŽŵŝŶŐ ƉƌŽĂĐƟǀĞ ŝŶ ƉƌŽǀŝĚŝŶŐ ƐĞƌǀŝĐĞƐ ĂŶĚ ŐŝǀŝŶŐ ǁĂLJ ƚŽ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ŶĞǁ ƉƌŽũĞĐƚƐ͕ ŝŶ ƐLJŶĞƌŐLJ ǁŝƚŚ ĂĐƋƵŝƌĞĚ ŬŶŽǁͲŚŽǁ͘ ,ŝƚĞŵĂΠ͛Ɛ ĐĂƚĂůŽŐƵĞ ŚĂƐ ĂŶ ĞdžŚĂƵƐƟǀĞ ĂŶĚ ǁĞůůͲĞƋƵŝƉƉĞĚ ƌĂŶŐĞ ŽĨ ƉƌŽĚƵĐƚƐ ƚŚĂƚ ƉƌŽǀŝĚĞƐ ƚŽ ƚŚĞ DĂƌŬĞƚ ĐŽŵďŝŶĞĚ ǁŝƚŚ ƚŚĞŝƌ ŽǁŶ ƐŬŝůůƐ ĂŶĚ ĞdžƉĞƌŝĞŶĐĞ͕ ŝŶ ŽƌĚĞƌ ƚŽ ƐƵƉƉŽƌƚ ƵƐƚŽŵĞƌƐ ŝŶ ƚŚĞ ŽďũĞĐƟǀĞ ŽĨ ŝŵƉƌŽǀŝŶŐ ƚŚĞŝƌ ƉƌŽĚƵĐƟŽŶ ĐĂƉĂĐŝƚLJ͕ ŐŝǀŝŶŐ ǁĂLJ ƚŽ ƚŚĞ ĚĞǀĞůŽƉŵĞŶƚ ŽĨ ŶĞǁ ŝĚĞĂƐ͘ dŚĞ ĐĂƌĞĨƵů ĂŶĂůLJƐŝƐ ŽĨ ƚŚĞ ŇŽǁ ŽĨ ŝŶĨŽƌŵĂƟŽŶ ĂůůŽǁĞĚ ƵƐ ƚŽ ŵŽĚŝĨLJ ƉƌŽĚƵĐƟŽŶ ƌĂƉŝĚůLJ͕ ƚŽ ŝŵƉƌŽǀĞ ƚŚĞ ĂƉƉƌŽĂĐŚ ƚŽ ƚŚĞ ƵƐƚŽŵĞƌ ĂŶĚ ƚŽ ŝŶĐƌĞĂƐĞ ƚŚĞ ĐƵƐƚŽŵŝnjĂƟŽŶ ŽĨ ƉƌŽĚƵĐƚƐ͘ dŚĞ ŶĞǁ ĂƉƉƌŽĂĐŚĞƐ ƚŽ ƚŚĞ ĚĞƐŝŐŶ ĂŶĚ ƉƌŽĚƵĐƟŽŶ ŚĂǀĞ ďĞĞŶ ƌĞƚŚŽƵŐŚƚ ĂŶĚ ĂŶ ĞŶŽƌŵŽƵƐ ŇĞdžŝďŝůŝƚLJ ŽĨ ƉƌŽĚƵĐƟŽŶ ĨĂĐŝůŝƟĞƐ ǁĂƐ ĂĐƋƵŝƌĞĚ͘ dŚŝƐ ĐŚĂŶŐĞ ǁŝůů ƉĞƌŵŝƚ ƚŽ ŝŶĐƌĞĂƐĞ ƚŚĞ ůĞǀĞů ŽĨ ĐƵƐƚŽŵŝnjĂƟŽŶ ŽĨ ƚŚĞ ƉƌŽĚƵĐƚƐ͕ ŝŶ ŽƌĚĞƌ ƚŽ ĐƌĞĂƚĞ ƚĂŝůŽƌͲŵĂĚĞ ƐŽůƵƟŽŶƐ ƵƉŽŶ ƵƐƚŽŵĞƌ ŶĞĞĚƐ͘

154

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

INDUSTRIAL TECHNOLOGY OIL AND GAS, PETROCHEMICAL, AUTOMATION

ENERGY

HITEMA

155

FA IRS & EXHI BI TIONS

Host

12 - 15 November 2018

Abu Dhabi National Exhibition Centre (ADNEC), Abu Dhabi, UAE Abu Dhabi International Petroleum Exhibition & Conference

One global industry.

One city.

One meeting place.

ADIPEC 2018 FAST FACTS

ONE OF THE WORLD’S PREMIUM EVENTS FOR THE OIL & GAS INDUSTRY ADIPEC 2018, one meeting place where thought leaders gather, businesses converge and new technologies drive solutions and growth in a world of accelerating change. Join 110,000 trade professionals from 135 countries and access the most advanced technologies, products and services for the oil and gas industry.

WHY VISIT ADIPEC 2018?

155,000 Gross sqm

110,000+ Attendees

2,200+ Exhibiting Companies

28 Exhibiting Country Pavilions

NETWORK

LEARN

ATTEND

with resource owners from around the world

about cutting edge technologies and solutions

to explore products & services from 2,200+ exhibiting companies

161 Conference Sessions

980 Expert Speakers

JO I N

BENEFIT T

thousands of trade professionals to identify new business opportunities

from $10.34bn+ worth of business conducted during ADIPEC

10,400 Conference Delegates

41 REGISTER TO VISIT - www.adipec.com/visreg

National & International Oil Companies

Supporters

Exclusive Strategic Partner

Official Airline Partner

Diamond Sponsors

Official Hotel Partner

Official Travel Partner

ADIPEC Host City

Knowledge Partner

Platinum Sponsors

Official Broadcast Partner

Official Media Partner

Technical Conference Organised By

Strategic Digitalisation Partner

ADIPEC Organised by

HOSTED BY:

ORGANISED BY:

REPUBLIC OF ANGOLA MINISTRY OF MINERAL RESOURCES AND PETROLEUM

2ND AFRICA OIL & GAS

LOCAL CONTENT CONFERENCE & EXHIBITION

“

ADVANCING LOCAL CONTENT ACROSS THE OIL AND GAS SUPPLY CHAIN IN AFRICAN PETROLEUM PRODUCING COUNTRIES.

“

26 - 27 NOVEMBER 2018

EPIC SANA HOTEL, LUANDA, REPUBLIC OF ANGOLA

REGISTER

TODAY

www.ametrade.org/alc

#ALCangola

Under the Patronage of

His Royal Highness Prince Khalifa bin Salman Al Khalifa Prime Minister of the Kingdom of Bahrain

National Oil & Gas Authority

CONFERENCE:

18 – 21 March 2019

EXHIBITION:

19 – 21 March 2019

SAVE THE DATE

THE 21ST SOCIETY OF PETROLEUM ENGINEERS MIDDLE EAST OIL & GAS SHOW AND CONFERENCE

EXHIBITION ORGANISERS

CONFERENCE ORGANISERS

CONFERENCE CHAIRED BY

BAHRAIN INTERNATIONAL EXHIBITION AND CONVENTION CENTRE

MEOS19.com

fawzi.alshehabi@ubm.com

spedub@spe.org

Expanding the Mediterranean Energy Sector: Fuelling Regional Growth

27-29 March 2019

RAVENNA

ITALY

www.omc2019.it

OFFSHORE MEDITERRANEAN CONFERENCE & EXHIBITION overall area

visitors

30.150 sqm

20.603

countries

exhibitors

sponsors

634

31

supporters

delegates

papers

20

1.221

116

33

exhibition halls

7

CONNECT WITH THE MEDITERRANEAN ENERGY KEY LEADERS BOOK NOW!

EXHIBITION ORGANISER exhibition@omc.it

Ph. +39 06 30883030 / +39 0544 219418

CONFERENCE ORGANISER conference@omc.it

IGREG STUDIO

Represent your products more efficiently I N D U S T R I A L PHOTOGRAPHY

w w w . i g r e g s t u d i o . c o m i n fo @ i gre g s t u d i o. co m +39 02 8715 9191

INDEX Back Cover

Front Cover/ 92-93

American Elements

Damec srl

10884 Weyburn Avenue, Los Angeles (CA) 90024, United States of America

Via Antonio Gramsci, 12 Nerviano (MI), 20014, Italy

Front Cover/ 120-121 Axiotek sas

13 DHL Global Forwarding (Italy) SpA

Via Monte Tagliaferro, 8 Induno Olona (VA), 21056, Italy

Via delle industrie, 1 Pozzuolo Martesana (MI), 20060, Italy

Front Cover/ 30-31 Baggi - Lux srl

151-153 Ecoprogetti srl

Via Divisione Cuneense, 48 San Rocco di Bernezzo (CN), 12010, Italy

Via dell’Industria e dell’Artigianato 27/C Carmignano di Brenta (PD), 35010, Italy

12 BER-PA srl

96 Effebi

Via Faletti, 16 CAPRIOLO (BS), 25031, Italy

Via Giuseppe Verdi, 68 Bovezzo (BS), 25073, Italy

88-89 Bft Burzoni srl

46-47 ENI SPA - Divisione Refining & Marketing

Via 1° Maggio, 81/83 Podenzano (PC) 29027, Italy

Via Laurentina, 449 Roma (RM), 00040, Italy

Front Cover/ 134-135 Blutek srl

78 ENI Versalis SpA

Via Maestri del Lavoro, 6 Gorle (BG), 24020, Italy

Piazza Boldrini, 1 San Donato Milanese (MI), 20097, Italy

Inside Back Cover/ 56-57 Bonfanti srl

18 Eurodraw Wire Equipment Srl

Strada Statale Briantea, 4 Ambivere (BG), 24030, Italy

Via Camillo Chiesa 19/21 Pogliano Milanese (MI), 20010, Italy

142 C.S.T. Compression Service Technology Srl

42-43 FEMM srl

Via Panciatichi, 40 Firenze (FI), 50127, Italy

Via don P. Borghi, 1 Cavriago (RE), 42025, Italy

Front Cover/ 20-21

Front Cover/ 126-127

Camec srl

Filtec srl

Via Borgo Vicenza, 128 Cittadella (PD), 35013, Italy

Via del Laghetto, 140 Badia Polesine (RO), 45021, Italy

98-99 Carlo Salvi spa

32 FMB srl

Via Ponte Rotto, 67 Garlate (LC), 23852, Italy

Via Lodi, 7 Dalmine (BG), 24044, Italy

82-83 Carrara SpA

34-36 Fridle Group srl

Via Provinciale 1/E Adro (BS), 25030, Italy

Via G.Galilei, 53 Costabissara (VI), 36030, Italy

Front Cover/ 86-87 Cogeim Europe srl Via Villapia, 9/11 Casorezzo (MI), 20010, Italy

Front Cover/ 44-45 Consorzio Industriale Lucano Viale della Rinascita, snc Viggiano (PZ), 85059, Italy

16-17 Costruzioni Elettrotecniche Cear s.r.l.

Via Monza, 102 Gessate (MI), 20060, Italy

94-95 Csico srl Via Galileo Galilei, 1 Silea (TV), 31057, Italy

114-115 Gimax3D S.n.C. Via Siena, 9/1 Oste di Montemurlo (PO), 59013, Italy

6 Guin Technology srl Via A. Moro, 88 Castelli Calepio (BG), 24060, Italy

70-72 Heila Cranes SpA Via Romana, 34/36 Poviglio (RE), 42028, Italy

Front Cover/ 154-155 Hitema srl Via Monsignor Babolin, 14 Bovolenta (PD), 35024, Italy

60-61 Hytek

53 Raytech srl

Via Raffaello Sanzio, 6 Riccò (PR), 43045, Itay

Via Enrico Fermi 11,13,17 Settimo Milanese (MI), 20019, Italy

Front Cover/ 130-131 Idrocalor

74-75 Roditor & Philadelphia srl

Via Luigi Einaudi, 38 Saccolongo (PD), 35030, Italy

Via S. Donino, 13 Verolanuova (BS), 25028, Italy

162 Igreg Studio

38-39 Schuler AG

Via Giuseppe Longhi, 1 20137 Milano (MI) Italia

Schuler-Platz, 1 Göppingen, 73033, Germany

40-41 IMT Intermato SpA

50-51 Sealcore srl

Via Caregò, 14 Crosio della Valle (VA), 21020, Italy

Via Marconi, 142/144 Castelli Calepio (BG), 24060, Italy

54-55 ISS INTERNATIONAL SpA

22-23 Seba Protezione srl

Via Magna Grecia , 117 Roma (RM), 00183, Italy

Via Italia 1/2 Cento (FE), 44045, Italy

166 Kala Tarkhis Asia Co.Ltd

58-59 Siderpighi SpA

Shahr ara Street. Nastaran Complex Block B, n32, Tehran, Iran

Via Emilia Parmense, 15 Pontenure (PC), 29010, Italy

62-63 Mepol srl

48 Smart Protections srl

Via Kennedy, 7d Riese Pio X (TV), 31039, Italy

Via Montorfano, 66 Albese con Cassano (CO), 22032, Italy

167 Nafttech

73 Spina Group srl

Via Roma, 72/B 35085 Villafranca Padovana (PD), Italia

Via del Tecchione, 36/B San Giuliano Milanese (MI), 20098, Italy

Front Cover/ 76-77

Inside Front Cover

Northon Trasmissioni srl

SSE SpA

Via Veneto, 6 Villa Carcina (BS), 25069 , Italy

Via Fleming, 16 Prato (PO), 59100, Italy

116 OP srl

11 TEC.AL.CO Srl

Via del Serpente, 97 Brescia (BS), 25131, Italy

Zona Industriale II, snc San Ferdinando (RC), 89026, Italy

85 Oreco A/S

68-69 Teco SpA

Lejrvej, 25 Vaerloese, 3500, Denmark

Via A. Grandi, 43/e Brescia (BS), 25125, Italy

14-15 Orlando srl

37 Tosi f.lli srl

Via Parma, 400 D Chiavari (GE), 16043, Italy

Fraz. Roccapietra, Zona Industriale Via Monte Rosa, 1 Varallo (VC), 13019, Italy

Front Cover/ 24-25 PAPARELLI ALESSANDRO & FIGLIO SRL

140-141 Ultra Pompe srl

Via Molino Geretto, 8 Carimate (CO), 22060, Italy

Via Goldoni, 37 Trezzano sul Naviglio (MI), 20090, Italy

132-133 Proxima srl

91 VDA Group SpA

Via Alessandria, 57 Rivoli, Cascine Vica (TO), 10098, Italy

Viale L. Zanussi, 3 Pordenone (PN), 33170, Italy

Front Cover/ 148-149 Ramcro SpA

81 Veotec Ltd

Via Marzorati, 15 Nerviano (MI), 20014, Italy

Unit A, Farringdon Business Park Farringdon, Hampshire, GU34 3DZ, UK

KTA ‫ﮐﺎﻻ ﺗﺮﺧﯿﺺ آﺳﯿﺎ‬ Release and clearance of goods from customs

Working with Iran’s major importers

KALA TARKHIS ASIA CO LTD Mostafa Kalantari tel: +98 912 1126420 Fax: +98 21 66520250 email: kalatarkhis.asia@gmail.com Address: unit 32, block B, nastaran complex, Tehran, Iran

Starting from process, passing through the project, managment, engineering and thanks to the manufacturing capabilities, NafttechTrading is able to provide a complete service focused of customer satisfaction in the range of its activities.

WE TAKE CARE ABOUT THE FUTURE

Main activities Boilers, Heaters, Fix Equipments and Flue Gas Treatment Systems

Water Treatment Systems

•Fire Water Tube Boiler •Heat Recovery Steam Generator (HRSG) •Wast Heat Boiler (biomass or RDF) •Vertical Heater •Hot Oil Package •Fix Equipment (Reactors, Columns, ecc.)

•Flue Gas Desulfuration System (FGD) •Flue Gas DeNOx •Dust Filtration System •Revamping •Boiler Repowering •Automation

•Reverse Osmosis Desalination (RO)•Heat •Water •Treatment •Wast Water treatment •Polishing •Ion Exchange •Biological Plant Refinery •Filtration and Ultrafiltration Plant •Mtbe Treatment Plant •Groundwater Treatment Plant •Water Engineering •Turnkey Facilities •Rental of Emergency and Mobile Systems

Sea Water Thermal Desalinations (Distillation)

Control System, Electrical System and Instrumentation

•Multi Stage Flash Distillation (MSF) •Multi Effect Distillation (MED) •Thermal Vapor Compression (MED-TVC) •Remineralization Water Systems •Upgrading and Revamping of Existing Plants

•Gas Turbine Unit Control System UCS •Burning Managment System BMS •Emergency Shutdown System ESD •Fire and Gas System Monitoring •Generatore Control Protection Panel GCPP •Steam Turbine Retrofit System Control and Woodward) •Local Panels, Power distribution, MCC and MV panels •Instrumentation and Instrumentation Panels

Via roma, 72/B 35085 Villafranca Padovana Padova, Italy

Phone: +39 3493152554 E-mail: info@nafttech.com www.nafttech.com

INDUSTRIAL INDUSTRIAL ECHNOLOGY TTECHNOLOGY BOOK YOUR AD NOW

Next publication: NOVEMBER 2018 Visit us: www.industrialtechmag.com Contact us: marketing@industrialtechmag.com

europium phospho

cerium sputtering target

dielectrics catalog:americanelements.com scandium powder

yttrium granules lanthanum rods

holmium disc 1

1

H

2 1

4

Li

Nd:YAG

2 2

Be

6.941

2 8 1

Na

yttrium

Beryllium 12

Mg

22.98976928

24.305

Sodium

Magnesium

19

K

medicine

2 8 8 1

20

Ca

2 8 2

2 8 8 2

erbium fluoride sputtering targets

21

2 8 9 2

Sc

22

Ti

2 8 10 2

23

V

24

2 8 11 2

Cr

2 8 13 1

25

Mn

2 8 13 2

26

Fe

2 8 14 2

27

Co

2 8 15 2

2

28

Ni

2 8 16 2

29

Cu

2 3

30

Zn

2 4

B

He

10.811

2 8 18 2

7

2 5

C

Helium 8

2 6

2 8 4

Si

2 7

2 8 5

P

2 8 6

S

30.973762

32.065

35.453

Phosphorus

Sulfur

Chlorine

Ga

Ge

2 8 18 4

33

As

2 8 18 5

34

Se

2 8 18 6

2 8 7

18

2 8 18 7

36

Cl

28.0855

Silicon 32

Neon

17

26.9815386

2 8 18 3

20.1797

Fluorine

16

Aluminum 31

2 8

Ne

18.9984032

Oxygen

15

10

F

15.9994

Nitrogen

14

9

O

14.0067

Carbon 2 8 3

Br

Argon

Kr

40.078

44.955912

47.867

50.9415

51.9961

54.938045

55.845

58.933195

58.6934

63.546

65.38

69.723

72.64

74.9216

78.96

79.904

83.798

Scandium

Titanium

Vanadium

Chromium

Manganese

Iron

Cobalt

Nickel

Copper

Zinc

Gallium

Germanium

Arsenic

Selenium

Bromine

Krypton

2 8 18 8 2

39

2 8 18 9 2

40

Rb Sr Y Zr rhodium sponges

2 8 18 10 2

41

Nb

42

2 8 18 12 1

Mo

2 8 18 13 1

43

2 8 18 13 2

Tc

44

Ru

2 8 18 15 1

45

Rh

2 8 18 16 1

46

Pd

2 8 18 18

47

Ag

2 8 18 18 1

48

Cd

2 8 18 18 2

49

In

2 8 18 18 3

50

Sn

2 8 18 18 4

51

Sb

2 8 18 18 5

52

Te

2 8 18 18 6

53

I

85.4678

87.62

88.90585

91.224

92.90638

95.96

(98.0)

101.07

102.9055

106.42

107.8682

112.411

114.818

118.71

121.76

127.6

126.90447

Rubidium

Strontium

Yttrium

Zirconium

Niobium

Molybdenum

Technetium

Ruthenium

Rhodium

Palladium

Silver

Cadmium

Indium

Tin

Antimony

Tellurium

Iodine

55

Cs

2 8 18 18 8 1

56

Ba

2 8 18 18 8 2

57

2 8 18 18 9 2

La

72

Hf

2 8 18 32 10 2

73

Ta

74

2 8 18 32 11 2

W

2 8 18 32 12 2

75

2 8 18 32 13 2

Re

76

Os

2 8 18 32 14 2

77

Ir

2 8 18 32 15 2

78

Pt

2 8 18 32 17 1

79

Au

2 8 18 32 18 1

80

Hg

2 8 18 32 18 2

81

Tl

2 8 18 32 18 3

82

Pb

2 8 18 32 18 4

83

Bi

132.9054

137.327

138.90547

178.48

180.9488

183.84

186.207

190.23

192.217

195.084

196.966569

200.59

204.3833

207.2

208.9804

Cesium

Barium

Lanthanum

Hafnium

Tantalum

Tungsten

Rhenium

Osmium

Iridium

Platinum

Gold

Mercury

Thallium

Lead

Bismuth

Fr Ra tantalum 87

2 8 18 32 18 8 1

88

2 8 18 32 18 8 2

89

Ac

2 8 18 32 18 9 2

104

Rf

2 8 18 32 32 10 2

105

Db

106

2 8 18 32 32 12 2

Sg

2 8 18 32 32 11 2

107

Bh

2 8 18 32 32 13 2

108

Hs

2 8 18 32 32 14 2

109

Mt

2 8 18 32 32 15 2

110

Ds

2 8 18 32 32 17 1

111

Rg

2 8 18 32 32 18 1

112

Cn

2 8 18 32 32 18 2

113

Uut

2 8 18 32 32 18 3

114

Fl

2 8 18 32 32 18 4

2 8 18 32 18 5

84

2 8 18 32 32 18 5

116

2 8 18 32 18 6

85

2 8 18 32 32 18 6

117

Uup

54

2 8 18 32 18 7

86

Xenon

(210)

Polonium

Lv

Uus

(226)

(227)

(267)

(268)

(271)

(272)

(270)

(276)

(281)

(280)

(285)

(284)

(289)

(288)

(293)

(294)

Actinium

Rutherfordium

Dubnium

Seaborgium

Bohrium

Hassium

Meitnerium

Darmstadtium

Roentgenium

Copernicium

Ununtrium

Flerovium

Ununpentium

Livermorium

Ununseptium

Ce

2 8 18 19 9 2

59

Pr

2 8 18 21 8 2

60

Nd

diamond micropowder

61

2 8 18 22 8 2

2 8 18 23 8 2

62

Pm Sm

2 8 18 24 8 2

aluminum nanoparticles

63

Eu

2 8 18 25 8 2

Gd

2 8 18 25 9 2

65

Tb

2 8 18 27 8 2

66

Dy

2 8 18 28 8 2

67

Ho

2 8 18 29 8 2

68

Er

140.116

140.90765

144.242

(145)

150.36

151.964

157.25

158.92535

162.5

164.93032

167.259

Cerium

Praseodymium

Neodymium

Promethium

Samarium

Europium

Gadolinium

Terbium

Dysprosium

Holmium

Erbium

90

Th

2 8 18 32 18 10 2

91

Pa

2 8 18 32 20 9 2

92

refractory metals

U

93

2 8 18 32 21 9 2

Np

2 8 18 32 22 9 2

94

2 8 18 32 24 8 2

Pu

95

2 8 18 32 25 8 2

96

Am Cm

2 8 18 32 25 9 2

97

Bk

2 8 18 32 27 8 2

98

Cf

2 8 18 32 28 8 2

99

Es

2 8 18 32 29 8 2

100

Fm

2 8 18 30 8 2

69

Tm

2 8 18 31 8 2

70

Yb

2 8 18 32 8 2

Lu

2 8 18 32 30 8 2

168.93421

173.054

174.9668

Thulium

Ytterbium

Lutetium

101

Md

2 8 18 32 31 8 2

102

No

2 8 18 32 32 8 2

103

Lr

2 8 18 32 32 8 3

231.03588

238.02891

(237)

(244)

(243)

(247)

(247)

(251)

(252)

(257)

(258)

(259)

(262)

Uranium

Neptunium

Plutonium

Americium

Curium

Berkelium

Californium

Einsteinium

Fermium

Mendelevium

Nobelium

Lawrencium

nano ribbons

atomic layer deposition

alternative energy

anti-ballistic ceramics

Now Invent. dielectrics

macromolec

nano gels

gadolinium wires

nanodispersions

TM

advanced polymers

(294)

Ununoctium

cerium polishing powder

Protactinium

rbium doped fiber optics

2 8 18 32 32 18 8

2 8 18 32 9 2

Thorium

single crystal silicon

Uuo titanium 118

terbium ingot

71

232.03806

ten carbide

tering targets

64

cone sit

2 8 18 32 18 8

Radon

2 8 18 32 32 18 7

Radium

quantum dots

crystal

(222)

Astatine

(223)

58

2 8 18 18 8

131.293

Francium

thin film

Xe

2 8 18 8

Po At Rn electrochemistry (209)

115

2 8 18 18 7

niobium

europiu

39.948

35

Calcium 38

2 8 8

Ar

39.0983

2 8 18 8 1

rod

4.002602

N

12.0107

Boron 13

Al 2 8 18 1

6

2

Potassium

37

nadium

5

surface functionalized nanoparticles

9.012182

Lithium

11

praseodymium

dysprosium metal

99.999% ruthenium spheres

1.00794

Hydrogen 3

gadolinium acetate

ultra high purity ma

platinum ink solar energy

europium phosphors

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