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.

Global Industries awarded Mexican pipeline project

Global Offshore Mexico S. de R.L. de C.V. has been selected by PEMEX Exploration and Production to update two large-diameter pipeline systems this month in Mexico's Bay of Campeche for a total contract value of approximately USD 40 million.

IdaTech sells fuel cell system for field tests

IdaTech has announced the delivery and successful testing of a 3kw fuel cell system for the Research and Development Division of Electricite de France (EDF).

Synergy Technologies targets fuel cell market

Synergy Technologies Corp. says it plans to enter the fuel cell market by "aggressively pursuing joint ventures and strategic partnerships".

Snamprogetti wins Saudi contract

Eni, through Snamprogetti, has won a turnkey contract for the construction at the Ras Tanura refinery of a new plant for the production of naphtha, LPG, kerosene and light and heavy diesel.

Halliburton Subsea awarded Shell contract

Halliburton Subsea, a division of Halliburton Company's Energy Services Group, has been awarded a contract for the transportation and installation of the steel tube umbilicals for Shell’s Nakika project in the Mississippi Canyon in the US Gulf of Mexico.

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.

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.