Industry News

Conoco awards contract to Honeywell

Valve World Publisher - August 20, 2001

The Industrial Control business of Honeywell has signed a USD 5.3 million contract with Conoco Inc. to provide general automation contract services for the energy company’s gas-to-liquids semi-works facility currently under construction in Ponca City, Oklahoma.

Bayer to build chemical base in Shanghai

Valve World Publisher - August 15, 2001

German chemical company Bayer will invest about DEM 7 billion to set up a chemical base in Shanghai.

Addison Machine wins sizing mill award

Valve World Publisher - August 10, 2001

Addison Machine Engineering has been commissioned to manufacture an AM-8000-PSU Sizing Mill.

Regent and Millennium sign power accord

Valve World Publisher - August 10, 2001

Regent Energy Corporation has executed a contract with Millennium Energy Ventures (MEVCO), a private Houston-based venture capital and project development company, to develop an electric plant with 500mw generating capacity (estimated cost USD 250 million) on Regent's Horseshoe Gallup lease in San Juan County, New Mexico.

Pemex investments

Valve World Publisher - August 9, 2001

Pemex is to invest Pesos1.473bil in total this and next year.

SIPOS Aktorik GmbH exhibits at Interkama 2001

Valve World Publisher - July 25, 2001

SIPOS Aktorik GmbH will be exhibiting its enhanced SIPOS 5 Flash series of electric actuators and its new control system SIMA for PROFIBUS DP compatible actuators at the Interkama 2001 exhibition in Düsseldorf, 24–28 September 2001.

Roman co-generation plant

Valve World Publisher - July 23, 2001

Total Gas Power Ventures SA. (part of the Total Fina Elf group), Sviluppo Impianti Termoelettrici SpA (Sondel, Montedison Group) and ERG Petroli (part of the ERG group), are to form Roma Energia Srl to realise a co-generation combined-cycle power facility with a capacity of about 800mw, to produce electric and steam-powered energy.

Kitz appoints UK distributer

Valve World Publisher - July 23, 2001

Kitz Corporation of Europe SA has announced the additional appointment of RPV as an Authorised UK Distributor for Cast Low & High Alloy Steel Gate, Globe & Check Valves.

Power plant for Virginia

Valve World Publisher - July 20, 2001

The Fluvanna, County Board of Supervisors, Viriginia, USA, approved Competitive Power Ventures' plans to build a 520mw electric power plant in the county.

Jakarta to award oil exploration rights

Valve World Publisher - July 19, 2001

Indonesia plans to award oil exploration rights at the end of this month for up to nine blocks and would open new areas for tender in August.

1...198199200...202Page 199 of 202

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.