On May 15, 2018, the Japanese Group Nihon Koso was awarded by the Court of Busto Arsizio with the business of Parcol S.p.A., following to the competitive auction within the composition with creditors procedure. The historical company of Canegrate, founded in 1954 and specialized in control valves and steam control systems, operating in the power, fertilizer, chemical, petrochemical and oil&gas becomes part of the galaxy of the Japanese group. The purchaser, Nihon Koso, is currently present in 20 countries around the world, including Italy with Koso Italy S.r.l. located in Rho, Milan. Nihon Koso is a world leader in the manufacture and sale of valves, actuators, sensors and other instrumental equipment. This transaction ensures continuity to Parcol, opening it to new business opportunities and further strengthens the role of Nihon Koso as a global leader in the field of industrial products. This was achieved thanks to the commitment of Mr. Takashi Ikegaya and Mr. Yuichi Ikegaya, respectively Chairman and CEO of Nihon Koso, as well as of Mr. Giancarlo Vandone, Mr. Erminio Campanelli and Prof. Catry Ostinelli for Parcol. Moreover, this transaction was carried out thanks to the support of Avv. Dario Radice of Studio Limido & Radice for Parcol and the Commissioners appointed by the Court of Busto Arsizio, Mr. Salvatore Sanzo of Studio Sanzo e Associati and by Mrs. Paola Giudici. â€śThis acquisition draws on the treasured legacy that Koso group and Parcol have earned with over 100 years of control valve experience between them and will position the new company to achieve profitable growth in future under Koso group. We will combine Kosoâ€™s winning strategy of bespoke product, class leading innovation, unmatched end-user focus and global sales force with the highly respected Parcol brandâ€ť said Yuichi Ikegaya, CEO of Koso group.
Recalling the news already published on this website on November 2016, two new PSV catalogues are now available and freely downloadable :
PSV Series S8100: pressure safety relief valves for oil & gas applications
â€˘ UV Stamp
â€˘ API 526 face to face dimensions
â€˘ Size : from Âľâ€ťx 1â€ť to 20â€ťx24â€ť.
â€˘ Rating: up to 2500#.
â€˘ Temperature range : -196 Â°C Ă· 650Â°C
PSV Series S1000: pressure safety relief valves for Power Applications:
â€˘ V Stamp
â€˘ Overpressure : 3%, blowdown 4% of set pressure
â€˘ Size: from Âľâ€ťx 1â€ť to 8â€ťx10â€ť.
â€˘ Rating: up to 2500#.
â€˘ Temperature: up to 650Â°C
As a part of its expanding market reach worldwide to cater to critical applications in energy sector, PARCOL has taken a significant leap by securing few significant contracts in Indian power market over last few months. PARCOL shall be supplying Auxilliary-PRDS and LP Turbine Bypass systems for 500 MW, 660 MW and 800 MW coal fired projects. This comes on the heels of securing registrations and necessary approvals from Indian Boiler Turbine and Generator Manufacturers and EPC Contractors as well as Central Generation Utility and State Generating Companies. The notable projects for which PARCOL shall supply the above systems are 2Ă—500 MW Neyveli, 3Ă—660 MW Nabinagar, 2Ă—800 MW Darlipalli, 1Ă—800 MW Wanakbori and 1Ă—800 MW Kothegudem. The first supplies for 3Ă—660 MW Barh 1 after successful inspection by customer is already underway.
PARCOL will be present at the 13th edition of OMC (Offshore Mediterranean Conference & Exhibition), one of the most important meeting places for all the oil & gas operators. The exhibition will take place at Pala De AndrĂ¨ in Ravenna from 29th to 31st March 2017. PARCOL will share ideas with other industry professionals in the oil & gas industry and will exhibits its innovative products: valves and actuatoris; ball balves; butterfly valves; globe valves; control valves and safety valves. The company will be glad to meet you at the Hall 7, Stand A6. More information about OMC is available at the website OMC2017
Parcol continues to expand its strong local presence: has opened a new service center specialized in control valve maintenance in Italy. The center, located in Arconate (MI) at CVB Valves Srl (a Parcol Group company) premises, will have a key role in supporting the maintenance services for power plants, refineries, chemical and petrochemical industries located in Italy, for all those activities required during shutdowns and for long-term maintenance programs. This investment enables Parcol to continue strengthening its unique control valve service model to support its customersâ€™ businesses. For any request contact: email@example.com
A new company is born, with new values, with a new positioning, with a personal communication style. PSV introduces with the launch of its internet site PSV - Pressure Safety Valves a Parcol & SVC Company, in the image you will see Ambrogio Perego - President PSV, Flavio Ricotti â€“ Director PSV, Han Yong Kim CEO SVC, Giancarlo Vandone Managing Director PARCOL, TH Park â€“ Co President PSV, Joon Sang Yoo â€“ President PARCOL Korea. PSV is a company of PARCOL and SVC. PSV was founded with the target to create a flexible and high quality safety valve company based on two solid and historical Pressure Safety Valves Companies. PSV combines the international spirit and the strength of the brand PARCOL with the efficiency and quality of SVC products. PSV is proudly the technology licensor for the line of PARCOL and SVC safety valves. All PSV valves are manufactured in accordance with ASME approved Quality Assurance Program and certified/registered ISO 9001 Quality Assurance Program. All valves of these series have been flow tested in the accordance with the applicable ASME Code Section I and VIII for establishment of rated capacities by the National Board of Boiler and Pressure Vessel Inspectors.