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Wärtsilä has announced that the Scheme of Arrangement with regards to the acquisition of Hamworthy was sanctioned at a court hearing held today in London.

Subject to the court hearing confirming the associated Reduction of Capital on 30 January 2012, the Scheme is expected to become effective and the control transferred to Wärtsilä on 31 January 2012, Wärtsilä said.

Hamworthy - Company Summary

Hamworthy, a world leader in the design and manufacture of marine, onshore and offshore fluid handling systems, acquired UK-based Krystallon - a leading supplier of marine exhaust sulphur emissions reduction technology - in October 2009.

Seawater Scrubber

The Hamworthy Krystallon Seawater Scrubber is designed to run cold but can be operated at temperatures up to 450°C. The unit can be designed to remove 99% of SOx and 85% of particulates when operated on a 3.5% sulphur HFO 380 fuel, thus complying with the EU in-port and MARPOL Annex VI requirement of a 0.1% sulphur fuel.

Wash Water Treatment System

The wash water treatment system is designed to remove both the solid particulate and liquid hydrocarbon waste products. According to the company, it will meet or exceed the requirements of IMO MEPC.184(59) and CFR 40 when handling the full scrubber water flow.

Continuous Monitoring System

The Hamworthy Krystallon monitoring system measures NOx, SOx and CO2 and other gases such as NO, NO2, CO may also be included within the same unit. Wash water discharge is monitored for hydrocarbons, turbidity and pH. The hydrocarbon detector is said to be able to reliably record levels from 0-100ppb, (parts per billion).