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.

PSV – new company powered by PARCOL and SVC

PSV is a new company  powered by PARCOL and SVC, founded with the aim of creating a flexible and high quality safety valve company.

Technip gets a furnaces supply contract

Technip was awarded by Public Joint Stock Company (PJSC) Kazanorgsintez, a contract to provide engineering and procurement of three proprietary SMK™ grassroots furnaces at Kazan, Republic of Tatarstan, Russia.

Johan Sverdrup gets terminal upgrade contract

Aker Solutions has been awarded the contract for upgrading the Mongstad terminal for Johan Sverdrup oil from late 2019. Its value estimated at NOK 350M, the contract includes engineering, procurement and the construction of a pig receiver for the oil export pipeline from Johan Sverdrup.

JGC awarded a power generation plant project

JGC Corporation has been awarded a lump-sum turn-key contract for the construction of a biomass power generation plant in Muroran City, Hokkaido planned by the Muroran Biomass Power Generation GK.

Technip awarded Malaysian subsea contract

Technip has been awarded a subsea contract by PETRONAS Carigali Sdn Bhd for the Samarang Redevelopment Project Phase 2 EOR, in Malaysia.

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.

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.