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.

Biopharmaceutical plant in Montreal

DSM will invest EUR 7 million in the basic engineering for a new biopharmaceutical plant in Canada.

Refinery expansion project in Abu Dhabi

Technip-Coflexip has been awarded, by Abu Dhabi Oil Refining Co., a lump-sum turn-key contract worth about USD 480 million for the expansion of the Ruwais Refinery to modernise the existing facilities and to add new units for the production of unleaded gasoline and low sulphur gas oil.

Qatar-UK gas supply deal

Exxon Mobil Corp. and Qatar Petroleum have signed an agreement to supply liquefied natural gas from Qatar to Britain.

Electricity boost for Iran

Iran is contemplating the establishment of new power houses to produce 28,000 mw by 2011, according to Hossein Mahmoudzadeh, managing director of Iran's Energy development Organization.

Hydrogen in Antwerp

Air Liquide will invest in a hydrogen-production unit on BASF’s site at the port of Antwerp, Belgium.

New deepwater technology company

Conoco and Aker Kvaerner have announced the establishment of a new company, DeepWater Composites AS, that will manufacture and sell composite products for use in the deepwater oil and gas industry.

Tyco streamlines

Tyco International Ltd is streamlining its corporate operations.

Technip-Coflexip wins Juno offshore award

Technip-Coflexip wins Juno offshore award Technip-Coflexip has announced that Coflexip Stena Offshore Ltd, one of its UK entities, has been awarded the pipelines and subsea EPCIC (Engineering, Procurement, Construction, Installation and Commissioning) contract from BG International (NSW) Ltd, for its Juno development in the Southern UK North Sea.

Devon Energy announces discovery

Devon Energy Corporation announced today a discovery on the Cascade prospect in the deepwater Gulf of Mexico.

ECI Active Award for FCX Pegler & Louden

Work by leading flow control specialist FCX Pegler & Louden has helped secure one of the engineering industry's top awards – the ECI ACTIVE Award Project of the Year 2001-2002.

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.