Heat Exchanger World Magazine February 2024 | Page 6

Community Update

Sharing good news from the heat exchanger community and wider industry ....
Vahterus Wins EIC Scale Up Award 2023
On 22 December Vahterus was selected to be the winner of the 2023 “ Scale up Award “. Since 2017 the EIC ( Energy Industries Council ) annually interview member companies as part of their ‘ EIC Survive and Thrive programme ’, which generate the Survive and Thrive insight report , which assesses how the global supply chain is managing increasingly difficult market conditions .
This report demonstrates that a growing number of supply chain companies are developing exciting and innovative growth strategies . Combining this with effective leadership and development these companies are not just surviving , but growing , even in a tough market . Past success stories have covered topics including , collaboration , culture , digital , diversification , energy transition , export , innovation , optimization , people & competency , resilience , scale up , service & solutions , technology , and transformation . “ This is an honour and an amazing result , representing all the hard work and effort our teams have invested into the business making it another record year for growth at Vahterus ” the company state .
Solex Thermal Science Inc . acquires Econotherm Ltd .
Solex Thermal Science Inc ., a Canadian-headquartered expert in thermal and bulk materials engineering , has acquired Econotherm Ltd ., a UK-based leader in waste heat recovery technology . The acquisition further expands Solex ’ s capacity to help its customers reduce the primary energy consumed to produce
industrial goods . The company has deep expertise in solids , liquids and gas heat exchange , and Econotherm ’ s solutions are welcome additions to the suite of products Solex offers . For more than 30 years , Solex has supported its customers during their respective journeys to decarbonize operations while producing a better product at
less expense to them and the environment . “ We at Solex are passionate about working with customers to understand their operational needs ,” says Lowy Gunnewiek , Chief Executive Officer for Solex . Econotherm designs and manufactures heat pipes and exchangers for industrial waste heat recovery . The company focuses
on difficult-to-recover heat that includes hot and / or dirty exhausts in industries such as automotive , metals , construction , food , mining , oil and gas , power generation and pharmaceutical . Installed solutions include many “ firsts of its kind ” which have achieved successful energy savings in applications otherwise considered unsuitable for conventional equipment .