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.

Emerson ventures makes strategic investment in Spearix

Emerson (EMR) has made a strategic investment through Emerson Ventures, its corporate venture capital arm, in Spearix Technologies, Inc., whose adaptive, multi-core radio processor provides a system-level solution for Industrial Internet of Things (IIoT) wireless communication.

Penspen supports development of Next Gen engineers

Penspen is demonstrating its continuing commitment to the United Arab Emirates with a tailored scheme to develop the next generation of engineers.

Mubadala Energy announces major gas find in Malaysia

Abu Dhabi-based Mubadala Energy has confirmed the discovery of a good-quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320

Bray launches the Cx Line

To develop a concept for product re-alignment, Bray worked extensively with leading companies in the European chemical industry.

WMB acquires NorTex midstream assets for $423M

The Williams Companies WMB recently announced that it has concluded the USD 423M deal to acquire Houston-based NorTex Midstream

Eni seeks licence for carbon storage in the North Sea

Eni UK, part of Italian utility Eni (ENI.MI), has submitted an application for a carbon storage licence for a depleted gas field in Britain's North Sea

Parker Hannifin completes acquisition of Meggitt PLC

Parker-Hannifin Corp. has completed its acquisition of aerospace and defense components manufacturer Meggitt PLC for approximately GBP 6.3bn.

Oceaneering finalists for 2 energy industry awards

Oceaneering International announces that two of its solutions are finalists for two energy industry awards, the World Oil and Pipeline and Gas Journal Awards.

Eni acquires BP’s business in Algeria

Eni announces that it has agreed to acquire BP business in Algeria, including the two gas-producing concessions “In Amenas” and “In Salah” (45.89% and 33.15% working interest respectively).

BPS acquires Producers Supply Company in PA

BPS Supply Group (BPS) — a California-based distributor of pipes, valves, and other industrial supplies — announced its acquisition of Producers Supply Company (PSC).

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.