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.

NTN develops high-performance magnetic core

newsitemNTN Corporation has developed a high-performance magnetic core with the highest level of magnetic properties and strength by coating the surface of iron power with thermosetting resin and applying compression moulding.The newly developed high-performance magnetic core uses iron powder for powdered metallurgy as the magnetic powder, with a proprietary mix of thermosetting resin added for granulation processing to apply an insulating coating over the surface of the iron.

New generation of thermostatic valves from Frese

newsitemFrese introduced a new generation of stainless steel CirCon and TemCon thermostatic valves for domestic hot water applications.

Innovation award for BrassCraft Manufacturing

BrassCraft Manufacturing, a manufacturer of plumbing products, was awarded first place in the 2014 Innovation Awards by Home Improvement Executive. Home Improvement Executive’s annual Innovation Awards are selected based on interviews with retail buyers and store personnel, research, and product achievements.

Crane ChemPharma & Energy announces new presidentCrane

Crane ChemPharma & Energy has announced the appointment of Alejandro (Alex) Alcala as the President of its global business.  Mr. Alcala brings more than 20 years of relevant industry experience to his new role, having recently served as the President of Crane’s Pumps & Systems business.

Petrofac awarded EPCC contract in Malaysia

Petrofac, the international service provider to the oil and gas industry, has been awarded an engineering, procurement, construction and commissioning (EPCC) contract by PRPC Refinery and Cracker Sdn. Bhd.

KMP to expand KMCC system

Kinder Morgan Energy Partners announced that it would invest approximately USD 54M to build an interconnect and other facilities for its Kinder Morgan Crude and Condensate (KMCC) pipeline after entering into a long-term transportation agreement with Republic Midstream Marketing.

RSP Permian acquires property in Glasscock County

RSP Permian entered into definitive agreements in separate transactions with multiple sellers to acquire certain undeveloped acreage and oil and gas producing properties located in Glasscock County for an approximate aggregate price of USD 259M in cash, subject to certain adjustments.

GDI awards contracts worth USD110M to N-KOM

Gulf Drilling International (GDI), a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts worth USD 110M to Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard between Nakilat and Singapore’s Keppel Offshore & Marine (Keppel O&M).

Raytheon Supplier Awards for Curtiss-Wright

Curtiss-Wright Corporation announced that its Defense Solutions division has been recognised by Raytheon Integrated Defense Systems (IDS) for its outstanding supplier quality performance during the 2013 calendar year.

Wärtsilä, CSSC set up joint venture in China

Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture for manufacturing medium- and large-bore medium-speed diesel and dual-fuel engines.

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.