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.

Tyco appoints

Tyco International Ltd has appointed John A. Krol, the former Chairman and Chief Executive of E.I. du Pont de Nemours & Company, to Tyco's Board of Directors.

BASF project in China

BASF has received approval from the Chinese State Council to build a new integrated production facility for polytetrahydrofuran (PolyTHF®) and tetrahydrofuran (THF) in the Shanghai Chemical Industry Park at Caojing, Shanghai, China.

Pharma-Biotech expansion in Italy

Patheon Incorporated (Mississauga, Ontario, Canada) purchased the Ferentino, Italy, facility from Biomedica Foscama SpA in February 2002.

Tokyo’s first hydrogen refuelling station

Showa Shell Sekiyu KK (Showa Shell) is to build the first hydrogen refuelling station in Tokyo, in partnership with Iwatani International Corporation and the Tokyo Metropolitan Government.

Saudi gas deals to be restructured?

Talks between Saudi Arabia and its main foreign partners in three mega-gas ventures have "broken down in deadlock, leaving the future of the project in its current shape in doubt," the Middle East Economic Survey (MEES has reported.

Technip wins Angolan field award

Technip-Coflexip has been awarded a contract, by Esso Exploration Angola (Block 15) Ltd, which includes the procurement, fabrication and installation of flexible flowlines and risers, connected to an FPSO, and installation of umbilicals, rigid jumpers and associated subsea equipment for the Xikomba field offshore Angola.

BASF appoints new chairman

The Supervisory Board of BASF Aktiengesellschaft has appointed Dr. Jürgen Hambrecht to succeed Dr. Jürgen F. Strube as Chairman of the Board of Executive Directors of BASF Aktiengesellschaft.

Praxair and Air Liquide in Chinese venture

Industrial gas suppliers Air Liquide and Praxair plan to invest USD 100 million by 2005 in a venture supplying gas to a mammoth Shanghai chemical industry park.

Clariant expands in Mexico with new plant

Clariant has commissioned a new production facility at Coatzacoalcos, Mexico.

UK resin plant

Belgium 's Tractebel SA has won a EUR 31 million deal to oversee construction of one of the world's largest resin plants near Hull in the UK.

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.