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.

KP Engineering awarded Syngas EPC contract

KP Engineering has been awarded a fixed-price EPC contract by Praxair, Inc. to expand carbon monoxide production at its Geismar, Louisiana plant.

Precision Global makes key sales appointments

Precision Global has recently made three key appointments in its sales organization: Matthias Welp as director global account management; Abe Baksh as BOV sales manager, North America; and Pascal Delettang as pump sales manager, North America.

John Heasley appointed Weir Group CFO

The Board of The Weir Group PLC has appointed John Heasley as CFO with immediate effect. John has worked with Weir since 2008 and been a member of the group executive since 2014 as Divisional Managing Director of the Flow Control division.

Husky announces Ultra Helix™ 350 nozzles

Husky Injection Molding Systems is now able to offer the Ultra Helix™ 350 valve gate. This new series of nozzles provides customers with even more options for creating a wider range of applications, producing better quality parts and extending the gate life.

Flowserve announces leadership transition plan

Flowserve Corporation has announced that Mark Blinn plans to retire as president, CEO, and a member of the board of directors.

Clariant strengthens business with 2 acquisitions

Clariant, a provider of specialty chemicals, has recently declared two acquisitions in the oilfield production chemicals business.

GE Oil & Gas, MODEC signs agreement

GE Oil & Gas has signed a major agreement with MODEC to supply and service gas turbines for FPSOs in Brazil.
MODEC ordered GE gas turbines for eight FPSOs based in Brazil and signed an overall maintenance contract with varying durations for each vessel, reaching up to 3 maintenance cycles for gas turbines on six FPSOs.

BP, CNPC signs second Chinese shale gas contract

BP has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC).

Technip awarded key IRM frame agreement

Technip has been awarded a key contract by Repsol Sinopec Resources UK Limited for IRM works on its North Sea subsea infrastructure.

Saipem awarded new E&C contracts

Saipem has been awarded new contracts and variation orders in E&C offshore, for an overall amount in excess of EUR 1.

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.