EDITOR ’ S CHOICE
HRS Heat Exchangers acquired by Exchanger Industries Limited
Exchanger Industries Limited ( EIL ), the Canadian market leader and designer and manufacturer of heat transfer products for the energy , petrochemical , industrial and clean power generation sectors , has acquired HRS Heat Exchangers Ltd ( HRS ). Financial terms have not been disclosed .
The acquisition creates new opportunities by combining HRS ’ s capabilities and market sectors with EIL ’ s accelerating expansion into power generation , Liquified Natural Gas ( LNG ), renewable energy , power storage and biofuels applications . It provides EIL immediate access to a global footprint with scalable hubs in both India and Spain , and a combined portfolio of anti- fouling technologies . The HRS management team will be retained , playing a critical role in executing plans for international expansion .
Mark el Baroudi , CEO of EIL , stated : “ The acquisition of HRS Heat Exchangers provides EIL an extraordinary opportunity to expand our exposure to an impressive international customer base across the U . S ., UK , Spain , Mexico , India , the Middle East , Malaysia , Australia and New Zealand .” As evidence of this , HRS was ranked 161st in the Sunday Times HSBC international league table that
Mark el Baroudi , President and Chief Executive Officer of Alberta , Canada-based Exchanger Industries Limited
tracks the international growth of UK-based companies .
“ Our combined manufacturing capability and leading-edge product technologies will strengthen our value proposition and increase market penetration internationally ,” continued el Baroudi . “ This acquisition combines the capabilities of both parties to enhance an
Steven Pither , Founder & CEO of HRS Heat Exchangers
already differentiated market position , creating better outcomes for everyone we serve .”
Steven Pither , founder and CEO of HRS , added : “ We ’ re thrilled to join the EIL family and continue our journey to building a highly respected global supplier of heat transfer products .” www . exchangerindustries . com
Noise reduction strategies for your plant and facility
When your plant was originally built , it was likely relatively isolated , but with continued development of land close to industrial sites , there may be an issue of noise pollution . There are several options available to reduce the noise emitted .
Change noisy fans Old fans and pumps are noisy ; they are prone to collecting debris that means they grow noisier with age . Consequently , the first step to noise reduction is to replace loud fans and pumps throughout your plant .
Creating enclosures Enclosures are made from acoustically treated metal and have multiple applications . They
can house plant in a single unit , providing a means of controlling sound waves and protecting the plant from the external environment .
Acoustic lining Bespoke silencers , acoustically lining of cowls and acoustically treating surfaces are all methods of noise reduction available .
Transcool Systems Ltd can design , manufacture and install bespoke noise reduction strategies for your plant and facility .
01903 733911 info @ transcoolsystems . co . uk www . transcoolsystems . co . uk
32 PECM Issue 52