News

Our editors gather news and press releases from around the world to bring our community the latest developments in the valve and actuation industry. Here you can find news involving the people and companies involved in the design, manufacturing, supply, maintenance and use of industrial valves and actuators. We focus both on engineered products as off the shelf products.

If you wish to include your news items and press releases in our publication, email newsletter or on our website and email newsletter, please feel free to contact the editor.

Sinter machine to China

Kvaerner PLC has been selected by Daqing Petroleum Company, a wholly owned subsidiary of China National Petroleum Corporation, to provide a GBP 2 million lump sum contract for a sinter machine.

Venezuela to invest in natural gas

Venezuela's state-owned PDVSA will invest over USD 700 million in natural gas exploitation projects in 2001.

Finnish paper coating binder plant

BASF Oy (Finland), Ludwigshafen, has awarded a lump sum turnkey contract to a consortium, made up of Technip and Rintekno, for the design and construction of a paper coating binder production plant at Hamina, Finland.

Singapore pharmaceutical plant

Schering-Plough has picked Jacobs Lend Lease, the Singapore-based Jacobs-Bovis Lend Lease venture, to build a new USD 100 million biotech plant.

Parker acquires Ives Valves

Parker Instrumentation has acquired Ives Valves, an international manufacturer of industrial flow control technology.

Bestobell stainless valves

Bestobell FCx has broken into the markets of Liquefied Natural and Petroleum Gas transportation and storage.

ICI relief valve repair

Following a quality audit by HSB Inspection Quality Ltd, Severn Unival Ltd has won quality approval for the repair of safety relief valves owned by ICI Eutech and Zeneca.

Innovative manifold design

Parker Hannifin has launched an innovative manifold design for the new generation of Rosemount coplanar process transmitters.

Iraq oil ventures

Oil and Natural Gas Corporation (ONGC) India and Reliance Industries Ltd. have joined hands with Sonatrach of Algeria, to secure an oilfield in Iraq.

Vietnam clean energy

Vietnam plans to restructure its energy sector, aiming at meeting the country's increasing demand for energy in a more ecological and convenient way.