GLOSSARY

Key corporate and technical terms

Cavitation

If the static pressure of a fluid falls below the vapour pressure, vapour bubbles will develop. These are carried into higher pressure zones by the fluid flow. When the static pressure rises above the vapour pressure again, the cavities will implode, resulting in extreme pressure and temperature peaks.

Finite element method

Computer-aided method of structural simulation.

Global Compact

Global initiative for businesses launched by the United Nations with the aim of shaping social and ecological globalisation.

High-efficiency motor

Extremely efficient electric drive like the new SuPremE® motor, which does not contain rare earths.

KSB CARE

Aid fund of Asian KSB companies that support educational institutions.

KSB Code of Conduct

The Code describes the legal and business policy principles that govern the relationship between customers, suppliers and employees and is intended to provide guidance to employees in their day-to-day work.

Abbreviations

ANSI

American National Standards Institute

BRIC

Collective abbreviation for the emerging markets of Brazil, Russia, India and China

CRM

Customer Relationship Management