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.

TRC acquires Willbros professional services

TRC Companies, Inc., a recognized leader in engineering, environmental consulting and construction management services to the energy, environmental and infrastructure markets, has completed the acquisition of the Professional Services business segment of Willbros Group in an all cash transaction valued at USD 130M.

Johan Sverdrup wins pipeline contracts

Statoil, on behalf of the Johan Sverdrup partners has been awarded contracts for the linepipe , coating and pipe installation of the Johan Sverdrup export pipelines. The total contract value is estimated at slightly less than NOK 2.

Molex wins Rockwell Automation award

Molex, LLC was awarded the 2015 Rockwell Automation Clarinda Young Partnership Award at the Rockwell Automation annual supplier conference in Lake Geneva, WI. The award is presented annually to suppliers in four different categories recognizing the desire to go “above and beyond” what is expected to support businesses of Rockwell Automation.

BG starts commercial operations from train 2

BG Group, has begun commercial operations from the second train at its Queensland Curtis LNG (QCLNG) plant. QGC, BG Group’s Australian subsidiary, has also...

Spirax Sarco releases PC3000 and PC4000

newsitemSpirax Sarco has announced the release of the PC3000 & PC4000 pipeline connector range. This range has been developed to satisfy the needs of modern process industries, significantly simplifying installation and reducing maintenance time.

New FlowCon ADP

newsitemThe new FlowCon ADP, a combined AP controller, balancing, and control valve, has been designed to ensure that neither the maximum flow nor the maximum differential pressure across the controlled circuit is superseded.

DNV GL helps cut emissions

newsitemDNV GL is now leading a common industry project on behalf of the Norwegian Oil and Gas Association that aims to enhance energy management, energy efficiency and the exchange of experience and expertise between companies even further.

Petrofac wins Fadhili contract

Petrofac has been awarded a contract by Saudi Aramco to undertake the engineering, procurement and construction (EPC) of a sulphur recovery plant as part of their Fadhili gas programme. Fadhili is a Greenfield development located 30km west of the city of Jubail in the eastern province of Saudi Arabia.

Essar Projects-Saipem JV awarded EPC contract

Essar Projects, a global EPC (Engineering, Procurement & Construction) company, stated that its joint venture with Italy’s Saipem S.p.A has won a USD 1.57B order from Kuwait National Petroleum Company (KNPC) for setting up Al-Zour Refinery Project (ZOR), Package-4, in the State of Kuwait.

KITZ Corporation acquires MGA

newsitemKITZ Corporation of Japan has acquired Metalúrgica Golden Arts or MGA, a ball valve manufacturer in Brazil, following the agreement on the transfer of ownership between its founder and business partners.

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.