Key Developments

In October 2023, KSB unveiled the KSB GUARD platform, providing real-time data insights and predictive maintenance solutions for centrifugal pumps. The goal is to enhance operational efficiency and dependability.
In September 2023, Flowserve announced its expansion into the hydrogen manufacturing business, with a focus on pumps tailored for the sustainable energy sector
In May 2023, Xylem, Inc. initiated a global pump manufacturing site in Egypt. This facility will manufacture Split-Case Centrifugal pumps for various applications including irrigation, HVAC, and commercial building services. It will also produces end-suction pumps for industry and irrigation.
In March 2023, KSB acquired Bharat Pumps, a significant manufacturer of centrifugal pumps, among other products. KSB SupremeServ, a dedicated segment for aftermarket services, will manage this newly acquired venture, handling spare parts business and servicing over 5,000 BP&CL products installed in various industries and locations across India.
In February 2023, CPC Pumps International expanded its product range with the launch of the new BB5 pump, designed for carbon capture, utilization, and storage (CCUS) processes central to lowering CO2 emissions