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.

Valmet strengthens customer support for mining industry

Valmet is strengthening its flow control solutions related service capabilities by opening a new service center in Antofagasta, Chile.

Oliver Valvetek, second-time winner of Queen’s Award

Cheshire-based Oliver Valvetek is to be recognised with a prestigious Queen’s Award for Enterprise for its excellence in international trade.

Aliaxis appoints new Global Head

Aliaxis has appointed Philip Wheatley in the new role of Global Head of Corporate Development, effective on August 1st, 2022.

Fike Corporation welcomes Spartan Controls Ltd

Fike Corporation, is pleased to welcome Spartan Controls Ltd as the exclusive distributor and representative for Western Canada, which includes the provinces of Alberta, British Columbia, and Saskatchewan.

Valvitalia Group appoints CEO

The Board of Directors of Valvitalia Group has appointed engineer Andrea Forzi as the new Chief Executive Officer of the company, replacing Ugo Vinti.

STATS Group post revenue increase of £49.7m

STATS (UK) Ltd increased revenues to just under GBP 50M while EBITDA earnings rose to GBP 7.8M from GBP 6.5M, its latest annual accounts show.

Chart Industries acquires Cryogenic Service Center AB

Chart Industries, Inc. (Chart), a global manufacturer of liquefaction and cryogenic equipment serving multiple applications in the energy and industrial gas end markets, completed the acquisition of CSC Cryogenic Service Center AB, a Swedish company (CSC) for approximately USD 4M.

IDEX Corporation adds precision farming solutions

IDEX Corporation has completed its previously-announced acquisition of KZValve, LLC, bolstering IDEX’s expertise in providing critical solutions for agriculture and industrial applications.

MRC Global sees increased sales, raises forecast

MRC Global raised its outlook for the year after sales jumped more than 20% in the first quarter.

Daikin acquires Duplomatic MS S.p.A

Daikin Industries, Ltd. has recently concluded a share purchase agreement with Duplomatic MS S.p.A (Duplomatic), an Italian hydraulic equipment manufacturer.

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.