This month, the US EPA proposed new requirements for its New Source Performance Standards (NSPS) for methane and volatile organic compounds (VOC) emissions for new and modified oil and gas sources. The proposal extends previous methane and VOC emissions requirements to hydraulically fractured oil wells and natural gas transmissions, including pneumatic pumps, and well sites […]
Calendar year second quarter organic growth continued at a strong pace for major US publicly held instrument and laboratory product companies. However, currency headwinds, as well as weakness in industrial markets and Japan expunged organic growth. Currency reduced gains by about 7%, resulting in roughly flat second quarter average sales growth. Pharmaceutical and biotechnology markets […]
This month, US President Obama and the EPA unveiled the Clean Power Plan, which regulates emissions from new, modified and reconstructed power plants. The Plan, when fully implemented, calls for carbon, sulfur dioxide and nitrogen oxides emissions from power plants to be reduced nationally to 32%, 90% and 72% below 2005 levels, respectively. States must […]
Sterling, VA and Loveland, CO 6/22/15; Loveland, CO 7/28/15—Hach has agreed to acquire publicly held Sutron for a purchase price of $8.50 per share, or approximately $39 million net of cash. Sutron will join Hach Environmental, whose companies, including Ott Hydromet and Sea-Bird Scientific, offer environmental monitoring solutions for natural resource and oceanographic applications. “Sutron […]
Mikkeli, Finland 6/1/15 and Helsinki, Finland 6/1/15—Private equity firm VersoVentures has acquired Environics, a supplier of industrial gas detection as well as chemical, biological, radiological and nuclear monitoring solutions, for an undisclosed amount. ”The gas detection market is estimated to grow, driven by increased demands in personnel safety, environmental protection and process efficiency,” commented Anssi […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
