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.

DNV GL secures 3-year services contract

DNV GL has been awarded a three-year contract by Total E&P UK Ltd to provide multiple services across the full portfolio of the international operator’s oil and gas assets in the UK North Sea.

CHAR signs agreement with Subsea Integration Alliance

Chariot Oil & Gas Limited (CHAR), the Africa focused transition energy company has announced that it has signed a Collaboration Agreement (Agreement) with Subsea Integration Alliance to work together to enable the front-end design, engineering, procurement, construction, installation, and operation of the Anchois Gas Development project in Morocco.

Emerson introduces TopWorx MTS

Emerson, the fluid control and pneumatics technology company has released its TopWorxTM Magnetic Target SwitchTM (MTS) to provide ready-to-install, universally-certified position sensing for explosion-proof and intrinsically safe applications.

GEMÜ honoured as Global Market Leader for the 5th time

WirtschaftsWoche has awarded the owner-managed valve specialist GEMÜ the WirtschaftsWoche quality seal "Global Market Leader – Champion 2021" for what is already the fifth time in a row.

Genebre safety valves certified by TÜV Rheinland

Genebre Safety Valves (www.genebre.es), the company in valves and accessories for the control of fluids and high-quality taps, have obtained the Certification by the Authorized Control Organization TÜV Rheinland.

OKV enters the US market

OKV (OKKWANG ENGINEERING CO., LTD.), a Korean specialist valve supplier for the shipbuilding and offshore industry, is entering the U.S.

Asia to lead global VAM capacity additions by 2024

Asia is expected to lead the global vinyl acetate monomer (VAM) capacity additions with an increase from 5.43 million tonnes per annum (mtpa) in 2019 to 5.93 mtpa in 2024, at an average annual growth rate (AAGR) of 1.8%, says GlobalData, a data and analytics company.

DNV GL changes name to DNV

DNV GL, the assurance, and risk management company, will change its name to DNV from March 2021. The move comes after a comprehensive review of the company’s strategy as it positions itself for a world in which many of DNV’s markets are undergoing fundamental change.

PFEIFFER butterfly valve passes test

Samson PFEIFFER announces the success of its Type 14p PSA valve 2-year field test. The double-eccentric butterfly valve for high demanding applications in industrial gas separation processes was in service at a third-party pharmaceutical company in Switzerland over a two-year period.

Petrochemical companies advised to reduce capex

The shale gas advantage of North American petrochemical majors provides a boost for investments in the region, primarily in the US.

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.