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.

ABB awarded Jilin ethylbenzene plant expansion

ABB has been awarded an ethylbenzene (EB) plant expansion by Jilin Chemical Industrial Co., China.

Lockwood Greene Awarded Power Project

Lockwood Greene today announced the award of a contract to engineer, procure and construct (EPC) a power plant for Constellation Power Source in Brevard County, Florida.

Turkish oil company invests in oil fields

The Turkish Pet Oil company has invested USD 178 million in the exploration of the Kalamaddin-Mishovdag onshore fields in Azerbaijan, said the president of the company, Guntekin Koksal, in the opening ceremony of the Pet Oil's office, a subsidiary of Pet Holding, in Baku.

Jacobs awarded DSM project

Jacobs Engineering Group Inc. has won a contract from DSM Elastomers Americas to provide engineering, procurement, and construction management services for the Horizon 2020 plant modernisation at DSM’s plant in Addis, Louisiana.

Hydrogen storage venture

Shell Hydrogen, Hydro-Québec (HQ) and Gesellschaft für Elektrometallurgie (GfE) have announced plans to establish a joint venture for developing, manufacturing and marketing hydrogen storage products.

ABB realigns organisation

ABB is transforming its world-wide enterprise around customer groups, aiming to boost growth by helping its customers become more successful in a business environment of accelerating globalisation, deregulation, consolidation and e-business.

Chemical zone in Shanghai

A world-class chemical industrial zone will emerge in the south of Shanghai.

EPL boosts spending

Energy Partners Ltd, an independent oil and natural gas exploration and production company based in New Orleans, has approved a 2001 exploration and development expenditure programme totalling USD 120 million.

DTE awards contract to Shaw Group

DTE Energy Services has awarded a contract to the Shaw Group Inc. for a fourth 80mw electric power unit at the Georgetown Station in suburban Indianapolis.

Valve company changes name

A+R Armaturen Benelux has changed its name to VACTRA A+R (Valves Actuators Controls TRAding A+R), effective January 2001.

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.