TPi July 2016

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business & market news
16 Tube Products International July 2016
Val-Matic announces new president and CEO
Val-Matic Valve & Manufacturing Corp
has announced that John V Ballun,
executive vice president and chief
operating officer, will succeed Mr
Makowan as president and CEO.
Mr Ballun joined Val-Matic in 1995
as vice president of engineering,
and previously worked in various
engineering management roles at
other valve manufacturing companies.
Over his career, he has published
numerous articles on valve technology
and contributed to several standard
development organisations, including
the American Water Works Association
(AWWA) and the Manufacturing
Standardization Society (MSS). Mr
Ballun earned a Bachelor of Science
Degree in Engineering from Illinois
Institute of Technology, and a Master
Degree in Business Administration from
Northern Illinois University.
Patricia Nuter will continue to serve as
the chairman of the board, executive
chairman, and treasurer of Val-Matic.
Board member Mr Makowan said, “I
am very proud of the team we have
assembled and feel this team under the
direction of Pat Nuter and John Ballun
will continue our growth and the pursuit
for perfection in everything that we
do as a company.”
Val-Matic manufactures air valves,
check valves and quarter turn shut-
off valves for water/wastewater, power,
industrial, fire protection and HVAC
applications.
Val-Matic Valve & Manufacturing
Corp – USA
TMK and Bashneft in joint technology
partnership
TMK, a producer of tubular products
for the oil and gas industry, and PJSOC
Bashneft, a major Russian oil company,
have signed a technology partnership
programme for 2016-2020.
The programme provides for over
20 joint activities related to the
development, introduction and piloting
of TMK products at Bashneft’s oilfields.
The range of products to be supplied
by TMK includes low-temperature and
corrosion-resistant pipe, pipe with
premium connections, high collapse
pipe, vacuum insulated tubing,
including super chrome (13Cr) steel
tubing, and pipe used for hydraulic
fracturing.
A separate section of the programme
envisages cooperation between TMK
and Bashneft in well completion, as
well as sharing of experience and
R&D information, and collaboration in
conceptual engineering, pipe string
sinking and technical support.
TMK operates more than 30 production
sites in the USA, Russia, Canada,
Romania, Oman, UAE and Kazakhstan,
and two R&D centres in Russia and
the USA.
TMK – Russia
American Piping Products president
appointed
American Piping Products CEO Al
Rheinnecker has appointed Matt Danis
as the company’s new president. Mr
Rheinnecker will retain his role as CEO,
while Mr Danis will take on additional
leadership responsibilities in his new
role as president.
Mr Danis has served American Piping
Products as managing director and
chief financial officer since May 2014.
He previously served as chief financial
officer and chief operating officer for
the company from September 2009
to April 2014. His focus is on sales,
business development, accounting and
finance.
Prior to joining American Piping
Products, Mr Danis was CEO and
CFO of WIT Postal Logistics, LLC. He
acquired and strategically managed ten
middle market businesses as a member
of two private equity firms, and earned a
Bachelor of Arts in Economics from the
University of Richmond and a Master
of Business Administration from the
Wharton School at the University of
Pennsylvania.
American Piping Products – USA
John V Ballun