Atlas Copco unit changes name
Antwerp, July 6, 2011
Atlas Copco's Portable Air Division is changing its name to the Portable Energy Division, a name which more accurately reflects the division’s extended product portfolio.
The new Portable Energy division focuses on five “pillars”, each one relating to a product group: Air (on-site compressors), Power (on-site generators), Light (on-site light towers), Water (on-site pumps), and Used Equipment.
The first two pillars, Air and Power, relate to products that the Portable Air Division has supplied for some years. Compressors were the main focus when the division was started 21 years ago and, during the past two years, the Portable Air Division has intensified its focus on on-site generators. These products are now seen as part of its core business (Atlas Copco began supplying generators in 1986).
During 2010, the division added the third and fourth pillars, Light and Water. This was the result of special focus placed on the light tower business and the addition of pumps to the product portfolio in September.
Newly appointed Business Development Manager Sam Waes is developing the fifth pillar, Used Equipment.
Geert Follens, president of the Portable Energy Division, said: “Changing the name of the division to Portable Energy is a logical step in light of the extension of our product range to our customers. With the five pillars we can offer our customers complete portable energy solutions. This extended product offering, together with the intensified focus on the construction business as a part of the new Construction Technique business area, will provide us with the tools we need to give our customers the right focus and the best service.”
Portable Energy is a division within Atlas Copco’s Construction Technique business area. -Reuters
More Energy, Oil & Gas Stories
- S Korea to pay Iran $550m under nuke deal
- Qatar LPG exports will stay unchanged till 2018
- $14bn Bahrain energy sector focus for summit
- Iraq now world's fastest-growing oil exporter
- Old IT systems pose risk to oil firms
- Thomson Reuters adds commodity monitoring tool
- Oil below $90 to hit GCC economies
- GlassPoint appoints new Oman director
- Sheffield company opens Dubai hub
- Oman targets big rise in gas output
- Intertek buys UAE firm for $66m
- Qaiwan to tender Baizan refinery EPC contract
- Al Maha wins Oman Air fuel supply deal
- Iran to become top gas importer by 2025
- UAE hydrocarbon projects seen hitting $11bn
- Summit focus on occupational safety
- Aramco names new senior VP
- Siemens gets $253m Qatar power contract
- Taqa-led group's India deal worth $1.6bn
- Taqa-led group to buy India power plants
- Iraq oil exports hit record 2.8m bpd
- Korean refiners eye more Iraq crude
- Dana starts Egypt gas plant upgrade
- Opec oil production hits new high in Feb
- Taqa-led group to buy Indian hydropower plants
- Schneider gets energy management certification
- Morocco moves ahead with $1.7bn wind farms
- Iraq approves power plant investments
- 670,000 oil & gas wells ‘need to be drilled’
- Qatar bourse celebrates Mesaieed listing