BETHLEHEM, PA — February 14, 2023 — Rotating Machinery Services, Inc. (RMS) today announced that an agreement has been reached for the acquisition of the fluid catalyst cracking unit (FCCU) Hot Gas Expander product line from Siemens Energy, Inc. The transaction is expected to close on February 28, 2023.
This acquisition brings the intellectual property, inventory, and associated tooling of the FCCU Expander product line under the RMS umbrella. Customers will receive world-class support at RMS’s portfolio of three US-based ISO9001:2015 certified service centers augmented by a network of global regional partners.
“This acquisition further solidifies RMS’s position as the OEM service provider for the global installed base of FCCU Hot Gas Expanders”, said John Bartos, CEO of RMS. “Dating back to the inception of CONMEC in 1998, RMS’s legacy brand of multi-OEM turbomachinery services, we have been continuously adding to our fleet of served machines. We have been actively servicing and rerating expanders [for more than two decades] and look forward to introducing new customers to RMS’s extensive engineering and service capabilities.”
RMS’s staff of (FCCU) Hot Gas Expander experts are committed to the support and upgrade of these critical pieces of rotating equipment. Don Shafer, Director of FCC Expander Engineering at RMS has dedicated his career to serving (FCCU) Hot Gas Expander customers and looks forward to continuing this unparalleled level of engineering excellence. According to Don, “(FCCU) Hot Gas Expanders require specialized knowledge and experience to properly support. RMS’s depth of knowledge dates back to the early days of CONMEC and continues today as we leverage advanced engineering tools to improve (FCCU) Hot Gas Expander reliability and performance. We look forward to supporting our new customers across the globe with RMS’s industry-leading (FCCU) Hot Gas Expander engineering, shop and field services.”
Rotating Machinery Services, Inc. (RMS) was established in 1998 with the vision to reinvent the concept of an aftermarket turbomachinery business. RMS provides global engineering, repair, and maintenance services to the rotating equipment supporting critical infrastructure. RMS ensures the continuous reliable and safe operation of large industrial rotating equipment essential to energy, petrochemical, food and beverage, mining, and steel industries. RMS is the OEM for AC Compressor and CONMEC equipment and supports customers in three ISO9001:2015 certified service centers.
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs around 92,000 people worldwide in more than 90 countries and generated revenue of €29 billion in fiscal year 2022.