Colfax Fluid Handling to supply hydraulic pumps for world’s largest heavy-lifting ship

Colfax Fluid Handling to supply hydraulic pumps for world

Allweiler pump SNF

Radolfzell/Germany – 21/5/2013. Colfax Fluid Handling, a business of Colfax Corporation (NYSE: CFX), has been awarded a contract as the exclusive supplier of hydraulic pumps for a ship capable of lifting the topside structures from offshore platforms. With a lifting capacity of up to 48,000 t, the ship will remove topsides in one piece and transport them to land for deconstruction. The screw pumps are valued at EUR600,000 and are specially designed to deliver the high pumping capacity needed for the project.

The catamaran „Pieter Schelte“ of Allseas Group will lift entire platforms from their undersea supports and transport them onto land for decommissioning. Land-based deconstruction is much safer and more economical than conventional disassembly at sea. This innovation would not be possible without a Topside Lifting System (TLS) on an unprecedented scale. Its capacity of 48,000 t is equivalent to more than 80 fully loaded Airbus A380 jets. Bosch Rexroth developed a unique drive and control solution for what will be the world’s largest mobile heavy-lifting system for offshore installations. Nearly 100 Allweiler screw pumps will handle pumping of the hydraulic oil. Pumps of the „SNF“ series pump up to 2300 l/min, making them ideal for large volumes required.

According to Manfred Schulz, Director of Distribution Sales EMEA at Allweiler: „Many years of proven results, our global support, and Bosch Rexroth’s outstanding quality evaluation were key factors in us receiving this order.“

Colfax Corporation – Colfax Corporation is a diversified global manufacturing and engineering company that provides gas- and fluid-handling and fabrication technology products and services to commercial and governmental customers around the world under the Howden, Colfax Fluid Handling and ESAB brands. Colfax believes that its brands are among the most highly recognized in each of the markets that it serves. Colfax is traded on the NYSE under the ticker „CFX.“ Additional information about Colfax is available at www.colfaxcorp.com.

Colfax Fluid Handling – Colfax Fluid Handling, a business of Colfax Corporation (NYSE: CFX), is a global leader in critical fluid-handling and transfer solutions for the commercial marine, defense, oil & gas, power and industry and total lubrication management markets. With a broad portfolio of technologies, products, systems and services and a deep base of application and engineering expertise, Colfax specialists work with customers to understand and focus on their toughest business challenges. As a result, Colfax can find and deliver the best customer solutions that provide the highest levels of reliability, efficiency and longevity with the lowest total cost of ownership. Colfax Fluid Handling encompasses the trusted product brands Allweiler®, COT-PURITECHSM, Houttuin™, Imo®, LSCSM, Rosscor®, Tushaco®, and Warren®.

NOTICE ON FORWARD-LOOKING STATEMENTS: This press release may contain forward-looking statements, including forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning Colfax“s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on Colfax“s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause Colfax“s results to differ materially from current expectations include, but are not limited to factors detailed in Colfax“s reports filed with the U.S. Securities and Exchange Commission as well as its Annual Report on Form 10-K under the caption „Risk Factors“. In addition, these statements are based on a number of assumptions that are subject to change. This press release speaks only as of this date. Colfax disclaims any duty to update the information herein. The term „Colfax“ in reference to the activities described in this press release may mean one or more of Colfax“s global operating subsidiaries and/or their internal business divisions and does not necessarily indicate activities engaged in by Colfax Corporation.

Kontakt
Allweiler GmbH
Manfred Schulz
Allweilerstr. 1
78315 Radolfzell
+49 (0)7732 86-515
manfred.schulz@colfaxcorp.com
http://www.allweiler.de

Pressekontakt:
TennCom AG
Dr. Kurt Christian Tennstädt
Hohentwielstr. 4a
78315 Radolfzell
07732 – 95 39 30
info@tenncom.de
http://www.tenncom.de