FMC Technologies, Inc. reported second quarter 2010 revenue from continuing operations of $1.0 billion. Diluted earnings per share from continuing operations were $0.78 compared to $0.84 in the prior-year quarter and $0.80 in the first quarter of 2010.

Second quarter operating profit in Energy Production Systems decreased seven percent from the second quarter of 2009 due to lower volume which was partially offset by higher operating margin. Operating profit in Energy Processing Systems was up 17 percent from the prior-year quarter on higher volume and operating margin in the fluid control business.

Total Company backlog increased six percent from the first quarter of 2010 to $2.8 billion and included $2.3 billion in subsea systems. It was the second consecutive quarterly backlog increase and was mainly driven by $946 million in subsea systems orders. The Company's 2010 year-to-date subsea orders of $1.8 billion have already surpassed the total subsea orders received for all of 2009...(+)

Rotork pipeline valve actuators have been supplied for a new transportation network that has heralded a fundamental improvement in the use of energy products in the Amazonian region by enabling natural gas to be used instead of diesel and fuel oil, particularly for the generation of electricity. To date, over one hundred Rotork HPG high pressure gas and EH electro-hydraulic actuators have been installed on the pipeline network.

The inauguration of the 661 kilometre Urucu-Coari-Manaus gas pipeline portion of the project marks the beginning of operations for one of Brazil’s largest gas transportation projects. The significance of the project has been endorsed by the presence of the President of Brazil, Luiz Inacio Lula da Silva, at the official opening of the pipeline at the Refinery Isaac Sabbá in November 2009...(+)

Tyco Flow Control opened today its Advanced Nuclear Testing & Development Facility, one of the largest testing facilities of this type in the world, in Mansfield, Massachusetts. The $25 million facility provides cutting-edge testing and manufacturing capabilities and is designed to help meet the world’s growing nuclear power generation needs.

The worldwide demand for nuclear power has prompted a rapid increase in the construction of large-scale nuclear reactors. This construction boom has created an urgent need for advanced facilities that can effectively produce and test the critical safety-related valves and controls used by these reactors to meet the world’s growing power needs. Tyco Flow Control’s investment in this facility ensures customers can have access to the full range of critical flow control safety-related products they need. The Advanced Nuclear Testing & Development Facility stretches larger than two football fields, occupying 118,000 square feet.

Emerson Process Management launches the Rosemount 702 Wireless Discrete Transmitter with Tyco’s TraceTek leak detection sensors for liquid hydrocarbon detection. The integration of Emerson’s Smart Wireless technology and Tyco® TraceTek sensors enables cost-effective liquid hydrocarbon leak detection for single tanks, large tank farms, and pipelines.

Smart Wireless and Tyco Thermal Control's TraceTek technologies make it easy for operators to quickly and inexpensively add leak detection and monitoring to their operations to comply with government regulations and ensure that valuable hydrocarbons are not wasted. Distant tanks, pipelines and valves can now be monitored without the need to run expensive signal wires back to the control room. This can result in savings of up to 60% of the total system cost.

“The introduction of the Rosemount 702 Discrete Transmitter with hydrocarbon leak detection technology provides new capabilities to implement leak detection solutions that utilize the IEC 62591WirelessHART technology,” said Bob Karschnia, vice president, wireless at Emerson Process Management, “This allows the hydrocarbon sensor leak detection information to be transported through the mesh network via the Rosemount 702 in an affordable and dependable manner with greater than 99 percent data reliability.” ... (+)

The extensive, state-of-the-art Jigani plant, situated in Bangalore, is in a new factory development area that is attracting an increasing number of leading multinational companies. The Rotork plant is providing additional manufacturing capacity for the burgeoning Indian valve actuation markets, complementing the existing Rotork factory at Chennai, which is also receiving substantial investment for expansion.

The Jigani plant is designed to manufacture product ranges from Rotork Controls, Rotork Fluid Systems and Rotork Gears, thereby also providing increased flexibility for Rotork’s world-wide production capabilities.
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