What Crane ChemPharma & Energy does

Crane ChemPharma & Energy is a reporting segment of Crane Company (NYSE: CR), a 170-year-old industrial manufacturer that designs and produces highly engineered flow control solutions for the chemical, pharmaceutical, and energy process industries. The segment's portfolio spans 33 brands and includes industrial valves, process pumps (centrifugal, positive displacement, diaphragm, peristaltic), pneumatic and electric actuators, lined pipe and fittings, composite and metal hoses, and cryogenic equipment for liquefied and industrial gases. Products are typically specified into customer process lines, sold under recognized brand names, and certified against stringent industry standards (TA-Luft 2021, ISO 9001, ISO 15848-1, API 624, API 594, API 6D, Euro Chlor), reflecting the safety-critical nature of end applications in corrosive, flammable, and ultra-cold environments.

The segment operates globally with manufacturing footprints across North America, Europe, Asia, and Oceania, and reaches customers through an enterprise field sales model that pairs dedicated account coverage with technical/application engineering support. Revenue mechanics are predominantly project- and specification-driven: long product qualification cycles, engineered-to-order configurations, aftermarket service, and replacement parts tied to installed-base mission-critical equipment create multi-year revenue visibility once a customer standard is won. The segment is positioned to participate in the energy transition through new hydrogen and cryogenic gas handling products, while continuing to serve traditional chemical and pharmaceutical process upgrades.

Crane ChemPharma & Energy was materially expanded on May 1, 2024 via the acquisition of CryoWorks Inc. for approximately $61 million, adding cryogenic liquid hydrogen and LNG process equipment to the portfolio and reinforcing the segment's exposure to industrial-gas, energy-transition, and aerospace customers.

Name

Crane ChemPharma & Energy

Legal name

CRANE ChemPharma & Energy Corp.

Website

https://cranecpe.com

Company type

Private

Founded year

1855

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Crane ChemPharma & Energy, a segment of Crane Company (NYSE: CR), designs and manufactures highly engineered flow control products — valves, pumps, actuators, lined pipe, hoses, and cryogenic equipment — serving process industries including chemicals, pharmaceuticals, and energy across global markets through 33 brands.

Ownership category

akta.pro rank

Product category

Industrial Flow Control Equipment

NAICS

Industrial Valve Manufacturing (332911), Fluid Power Valve and Hose Fitting Manufacturing (332912), Pump and Compressor Manufacturing (33391), Rubber and Plastics Hoses and Belting Manufacturing (326220), Fluid Power Cylinder and Actuator Manufacturing (333995)

SIC

Pumps & Pumping Equipment (3561), Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050), General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Pneumatic Components (FRLs, Cylinders, Valves) (IMAHAGAC)

akta.pro secondary industries

Hoses, Tubing & Fittings (Hydraulic/Pneumatic Lines & Connectors) (IMAHAGAH), Specialty & Metering Pumps (IMAHANAC), Process Gas & High-Pressure Compressors (IMAHANAF), Hydraulic, Pneumatic & Fluid Power Systems MRO (Cylinders, Pumps, Valves, Hoses) (TLAKAHAI)

Keywords

• Industrial flow control
• Process valves
• Diaphragm pumps
• Cryogenic equipment
• Lined piping systems

Headquarters

HQ city

The Woodlands

HQ country

United States

HQ region

North America

Offices24 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Industrial Valve, Pump and Flow Control Product Sales: Crane ChemPharma & Energy generates revenue through the manufacture and sale of highly engineered flow control products including valves (check valves, sleeved plug valves, lined valves, process ball valves, butterfly valves, bellows sealed globe valves, diaphragm valves), actuators, lined pipe, fittings, hoses, and air operated diaphragm and peristaltic pumps. Products are sold directly through enterprise sales teams and indirectly through distribution channels. Revenue is driven by aftermarket replacement parts and services in addition to new equipment sales.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Crane ChemPharma & Energy designs and manufactures highly engineered flow control products for severe service industrial applications. The portfolio includes check valves, sleeved plug valves, lined valves, process ball valves, butterfly valves, bellows sealed globe valves, diaphragm valves, actuators, lined pipe and fittings, hoses, and air operated diaphragm and peristaltic pumps. Products serve chemical, petrochemical, refining, oil and gas, pharmaceutical, power generation, mining, and pulp and paper industries through 33 specialized brands.

Product overview

Crane ChemPharma & Energy is a diversified industrial manufacturer offering a comprehensive portfolio of highly engineered flow control products and systems. The product portfolio spans multiple categories: Process Valves (check valves, sleeved plug valves, lined valves, process ball valves, high performance butterfly valves, bellows sealed globe valves, aseptic and industrial diaphragm valves, multi/quarter-turn valves); Actuators and Controls (pneumatic and electric actuators, positioners, limit switches); Lined Pipe & Fittings and Hoses (plastic-lined piping, PTFE hoses, roto-lined products); Pumps (air operated diaphragm pumps, electrically operated diaphragm pumps, peristaltic pumps); Cryogenic Solutions (cryogenic valves, vacuum insulated pipe); and Instrumentation & Sampling systems. These products are organized under 32 distinct sub-brands including CRANE, SAUNDERS HC4, XOMOX, KROMBACH, DEPA, RESISTOFLEX, WTA, PACIFIC VALVES, and CRANE CRYOGENICS, serving industries including chemical processing, refining, oil and gas, pharma/biotech, food and beverage, power generation, mining, and hydrogen/energy transition applications.

Differentiator

Problem solved

Functional benefit

Brands

• Aloyco®: World leader in corrosion-resistant gate, globe, swing check and ball valves for refining, chemical processing, and pulp and paper industries for over 70 years.
• CENTER LINE®
• Compac-Noz®
• CRANE®
• CRANE Cryogenics™
• CRONING LIVARNA®
• DEPA®
• DOPAK®
• DUO-CHEK®
• ELRO®
• FLOWSEAL®
• GO REGULATOR®
• GYROLOK®
• HOKE®
• JENKINS®
• KROMBACH®
• NOZ-CHEK®
• PACIFIC® VALVES
• RESISTOFLEX®
• RESISTOPURE®
• REVO®
• ROTOMAX™
• SAUNDERS® HC4
• SAUNDERS® IDV
• STOCKHAM®
• TEXAS SAMPLING®
• WESTLOCK CONTROLS®
• WTA®
• XOMOX®

Products and services

• Process Valves

Quantifiable outcome

• CryoWorks acquisition expands energy transition and cryogenic portfolio with vacuum insulated pipe technology for liquid hydrogen and space launch applications
• +4 more outcomes

Named customers8 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• CryoWorks Inc.coreStrategic or Co-development Partner · 1 May 2024Crane Co announced the acquisition of CryoWorks Inc. on May 1, 2024 for approximately $61 million to expand its energy transition and cryogenic portfolio. CryoWorks, founded in 2009 in Jurupa Valley, CA, specializes in vacuum jacketed pipe for cryogenic applications serving space launch services, alternative energy, and liquid hydrogen transfer. CryoWorks is now integrated as part of the CRANE Cryogenics brand combining Crane, CRYOWorks, and Technifab expertise.

Scale indicators5 records

Direct peers

• CIRCOR International: Direct peer in flow control for industrial and aerospace markets, with significant overlap in severe-service valves, regulators, and instrumentation — competing with CP&E's Go Regulator, HOKE, and XOMOX lines.
• Kitz Corporation: Direct peer in bronze, cast iron, and stainless industrial valves for chemical, petrochemical, and HVAC. Overlaps with CP&E's Jenkins, Stockham, and Crane bronze/iron valve lines.
• Flowserve Corporation: Direct peer in industrial pumps, valves, and seals for chemical, power, oil & gas, and water applications. Competes head-to-head with CP&E brands such as Pacific Valves, Krombach, and Durco/Mark III in severe-service flow control.
• Chart Industries: Direct peer in cryogenic equipment and vacuum-insulated piping for LNG, hydrogen, and space launch. Closely overlaps with CRANE Cryogenics (Crane + CRYOWorks + Technifab) in liquid hydrogen and space-launch applications.
• Emerson Electric (Emerson Automation Solutions): Largest direct competitor in process valves, regulators, and final control. Overlaps with CP&E in Fisher, Bettis, and Anderson Greenwood-style severe-service applications across chemical and energy customers.
• IMI plc (IMI Critical Engineering): Direct peer in severe-service industrial valves for chemical, petrochemical, and power generation. Competes with CP&E's XOMOX, WTA, and Krombach in chlorine, hydrogen, and high-pressure steam service.
• Swagelok Company: Direct peer in tube fittings, instrumentation valves, and fluid system components. Closely overlaps with HOKE/GYROLOK, particularly in instrumentation, sampling, and now hydrogen applications.
• Velan Inc. Direct peer in severe-service forged and cast steel valves for power, oil & gas, and chemical applications. Closely overlaps with CP&E's Aloyco, Pacific Valves, and Stockham portfolios.

Broad incumbents

• Mueller Industries: Broad incumbent in copper, brass, and industrial valves with overlap to CP&E's Jenkins, Stockham, and Crane bronze/iron valve lines in plumbing, HVAC, and light-industrial applications.
• Parker Hannifin: Broader fluid handling incumbent with overlapping hose, fitting, valve, and pump lines (e.g., Parflex, Legris). Competes with CP&E's Resistoflex, HOKE, and DEPA across industrial and process customers.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Crane ChemPharma & Energy