Industry News

Industry news in the valve and actuation sector serves as a vital information reservoir that keeps various stakeholders — including manufacturers, distributors, end-users, and industry analysts — abreast of the latest developments, innovations, and trends shaping the landscape.

The industry news category within the valve and actuation sector encompasses a wide array of updates including technological advancements, market trends, regulatory changes, project announcements, and organizational developments among others. This category is quintessential in helping professionals navigate the dynamic and competitive environment of the valve and actuation industry.

Voith Hydro acquires majority stake in Green Highland Renewables

In the end of last year, Voith Hydro acquired a majority shareholding of Green Highland Renewables (GHR). With this step the company expands its...

Val-Matic Quadrosphere Ball Valves

Val-Matic has a series of QuadroSphere® Application articles available on Fly Ash Disposal, Pipeline Pigging System, Compounds in Chemical Process and Salt Dome/Cavern Storage....

Cargill acquires Croda’s bio-based industrial business

Cargill has reached an agreement with Croda to acquire the majority of its performance technologies and industrial chemicals business for EUR 915,000,000 (USD 1.03bn) on a cash-free, debt-free basis.

Simo Sääskilahti appointed Neles’ interim President and CEO

Neles’ Board of Directors has appointed CFO Simo Sääskilahti as Neles’ interim President and CEO as of January 1, 2022. The current President and...

Rotork appoints Kiet Huynh as CEO

Rotork plc ("Rotork"), announces the appointment of Kiet Huynh as Chief Executive Officer (“CEO”). Kiet is currently Managing Director of the Group’s Water &...

Trelleborg launches the Fluid Power Seals-Shop

Trelleborg launches the Fluid Power Seals-Shop, an online solution for fast and easy procurement of high-performance seals and wear rings critical to the function of hydraulic components in fluid power applications.

STATS UK acquired by SRJ Technologies in £73m deal

STATS (UK) Limited (STATS) shareholders have executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies Group plc (SRJ).

Proserv scoops major industry award

Proserv Controls has secured the Service & Solutions prize at the annual Energy Industries Council (EIC) Awards, which were held recently online.

Neles appoints interim President & CEO

Neles’ Board of Directors has appointed CFO Simo Sääskilahti as Neles’ interim President and CEO.

PJV banks $11m of FPSO contracts in Brazil

PJ Valves (PJV), the manufacturer and supplier of valves for the global energy industry, has been awarded two significant FPSO valve contracts for projects...

Industry News

In the ever-evolving landscape of the valve and actuation industry, the role of timely and comprehensive industry news cannot be overstated. Serving as the nexus of vital information, industry news acts as a guiding beacon for stakeholders at every level, offering insights into market trends, technological advancements, and regulatory shifts that shape the industry’s trajectory. From unveiling innovative product launches to analyzing market dynamics and spotlighting seminal projects, industry news is an indispensable tool in navigating the complex and dynamic world of valve and actuation technology. As industries transition towards a future marked by digitalization and sustainability, staying updated with the latest industry news ensures that professionals remain at the forefront of developments, fostering growth, innovation, and collaboration in a sector central to modern infrastructure and technology.

The industry news category serves as a central hub that amalgamates various types of information critical to the valve and actuation industry. It fosters a well-informed community, promotes knowledge sharing, and facilitates strategic decision-making, thus playing a pivotal role in steering the industry towards growth and innovation. Keeping abreast of industry news helps stakeholders adapt to the rapidly evolving industry landscape and seize emerging opportunities.