Tag Archives: Howden

Howden’s Eleonore ventilation on demand solution wins award

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Newmont Goldcorp’s Eleonore gold mine was recently awarded the “Eureka Prize” from Écotech Québec, for a ventilation on demand solution that reflects the Quebec mine’s strive towards leveraging clean technologies.

Nearly 250 stakeholders in the cleantech ecosystem were present at the event.

Éléonore produced some 360,000 oz of gold in 2018 from the underground Roberto deposit. Ore is mined from four horizons using sill and stope techniques, then processed onsite using a conventional circuit that includes crushing, grinding, gravity, flotation and cyanidation.

The award received was for the Ventilation on Demand (VOD) system from Howden VentSimTM CONTROL implemented in the Newmont Goldcorp – Eleonore mine. The benefits of this solution are the energy efficiency and air treatment, according to Howden.

“Newmont Goldcorp – Eleonore is proud to recognise the teamwork that has enabled a project such as VOD to continually improve our energy efficiency performance, while maintaining the health and safety of our workers,” Sophie Bergeron, Executive Director Newmont Goldcorp – Eleonore, says.

To date, there has been a 43% reduction in mine heating costs, a drop of 56% in underground ventilation electricity costs and a remarkable 73% decrease in the cost of surface ventilation electricity, as detailed in the full case study, Howden said.

”While these figures are impressive, the full potential savings will grow even greater when the mine reaches full capacity,” Howden added.

KPS Capital to get its hands on mine ventilation specialist Howden

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KPS Capital Partners says it has signed a definitive agreement to acquire air and gas handling products and services company Howden for an enterprise value of $1.8 billion.

The company will buy the Scotland-based company from Colfax Corp, it said, paying $1.66 billion in cash and assuming $140 million in “assumed liabilities and minority interest”.

“Based in Glasgow, Scotland, Howden has a 160 year heritage as a world-class application engineering and manufacturing company with a presence in 32 countries,” KPS said. It manufactures fans, compressors, heat exchangers, steam turbines, and other air and gas handling equipment, and provides service and support to customers around the world. The company has over 5,300 employees, including over 650 engineers and 22 manufacturing facilities in 12 countries.

Raquel Palmer, Co-Managing Partner of KPS, said: “We are thrilled to have the opportunity to own and support Howden as the company continues its path of transformation and growth. Howden is a formidable company that benefits from many positive secular trends, including increasingly greater environmental standards, the need for energy conservation and the trend toward urbanisation, especially in developing economies.”

Last year, Howden added both Advanced Combustion Inc and Advanced Fan Systems to its expanding mine ventilation offering.

At the time, the company said: “This acquisition is a further continuation of Howden’s total mine ventilation solutions strategy to provide the global mining industry with a portfolio of best-in-class products, controls and services that gives customers the most efficient solution to their ventilation needs.”

This followed the purchase of Chasm Consulting and its Ventsim software (pictured), in 2017, which provided Howden with a full suite of solutions for mine ventilation, from modelling and design software to full turnkey projects including main and auxiliary fans, instrumentation, automation and Ventilation on Demand, via the Simsmart product line.

Palmer said KPS intends to capitalise on the company’s “many attractive” growth opportunities, including strategic acquisitions, and to support its investment in research and development, technology and new product development.

Ian Brander, Chief Executive Officer of Howden, said: “We are excited about our future as an independent company under KPS’ ownership. KPS is an ideal partner, given its demonstrated track record of recognising and growing world-class industrial companies. KPS’ commitment to continuous improvement, its global network, access to capital and significant resources will enable us to continue to grow our business and provide our customers with market-leading products and solutions.”

Completion of the transaction is expected in the second half of 2019 and is subject to customary closing conditions and approvals.

Howden bolsters mine ventilation line with ACI and AFS acquisitions

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Global engineering business Howden has acquired both Advanced Combustion Inc (ACI) and Advanced Fan Systems as it looks to expand its mine ventilation offering.

ACI, located in Toronto, is the leading designer, manufacturer and installer of mine air heating equipment for the mining industry, according to Howden. Advanced Fan Systems, meanwhile, manufactures a line of fans for a wide range of ventilation applications.

“This acquisition is a further continuation of Howden’s total mine ventilation solutions strategy to provide the global mining industry with a portfolio of best-in-class products, controls and services that gives customers the most efficient solution to their ventilation needs,” the company said.

Howden’s business spans mine ventilation and waste water treatment to heating and cooling. Just last year, the company acquired Chasm Consulting and its Ventsim software, providing Howden with a full suite of solutions for mine ventilation, from modelling and design software to full turnkey projects including main and auxiliary fans, instrumentation, automation and Ventilation on Demand, via the Simsmart product line.