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.
Statoil and Shell were awarded the Timissit Permit Licence in the Illizi-Ghadames Basin onshore Algeria. The licence is located in south-eastern Algeria and covers an area of 2730km2. Statoil bid in partnership with Shell, where Statoil will be the operator with 30% equity, Shell will hold 19% equity and the remaining 51% will be held by Sonatrach.
Encana Corporation and Athlon Energy jointly announced that the two companies have entered into a definitive merger agreement for Encana to acquire all of the issued and outstanding shares of common stock of Texas-based Athlon by means of an all-cash tender offer for USD 5.
Mucon launched its new RGV Roller Gate Slide Valve. Designed for the bulk materials handling industry, the RGV Roller Gate Valve is a robust, heavy-duty valve that is ideally suited for the isolation and control of most dry powders, pellets, grains and granules.The Mucon RGV Roller Gate Valve provides uninterrupted product flow, which reduces material hang-up and wear of the blade support rollers.
Alfa Laval Group – the heat transfer, centrifugal separation and fluid handling specialist –won an order to supply compact heat exchangers to one of the biggest phosphoric acid plants in the world to be built in the Middle East.
Stockton on Tees, UK, based company Evolution Valves LTD, has continued its impressive growth by following their January 2014 record sales month of £1.0 million with another record sales month in August of £1.
Power management company Eaton was recognised with the 2013 Quality Excellence Award from Hino Motors Canada, and Hino Motors Manufacturing USA, both part of the Toyota Group of Companies. Eaton earned this recognition thanks to its durable and affordable Synflex air brake tubing products, which are manufactured in North America and used for brake systems in Hino's medium-duty trucks.
New analysis from Frost & Sullivan, Strategic Analysis of the Global Industrial Valves and Actuators Market, finds that the market earned revenues of USD 19.51B in 2013 and estimates this to reach USD 25.95B in 2018.
ABB is celebrating its 125th anniversary in Finland. Founded in 1889 in Helsinki by entrepreneur and inventor Gottfrid Strömberg, ABB Finland has grown into an innovative automation and power technology company with more than 5,000 employees in 30 locations, with sales of EUR 2.
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.
X
You need to load content from reCAPTCHA to submit the form. Please note that doing so will share data with third-party providers.
You are currently viewing a placeholder content from Google Maps. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
SKF has launched a range of food-grade lubricants that may increase reliability and safety of applications in the food and beverage industry.