Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

McDermott Awarded Contract by Bayport Polymers

McDermott International, Inc. has been recently awarded a contract by Bayport Polymers LLC, a joint venture of Total Petrochemicals & Refining USA, Inc.

Pekka Vauramo to start as Metso’s President and CEO Nov

Metso Corporation's new President and CEO Pekka Vauramo will assume his duties on November 1, 2018. He joins Metso from Finnair where he has served as President and CEO since 2013.

Amanda Eversole to Join API as COO

Amanda Eversole will join API this fall as its Chief Operating Officer, a new position focused on building and implementing a strategic plan for the natural gas and oil industry.

Valtorc Awarded International Globe Award

Gov. Nathan Deal, in conjunction with the Georgia Department of Economic Development (GDEcD), presented 40 Georgia businesses with GLOBE (Georgia Launching Opportunities By Exporting) Awards at the 2018 Go Global reception at the Atlanta History Center.

Valve World Expo & Conference Wins Trade Show Awards

Valve World Americas Expo & Conference, organized by KCI World and Messe Düsseldorf North America, was recently among of the winners of two prestigious awards: Trade Show Executive (TSE) Magazine’s 50 Fastest-Growing Shows of 2017 and Trade Show News Network’s (TSNN) Top Fastest Growing Shows.

Valtorc Awarded Georgia Business Award

Gov. Nathan Deal, in conjunction with the Georgia Department of Economic Development (GDEcD), recently presented 40 Georgia businesses with GLOBE (Georgia Launching Opportunities By Exporting) Awards at the 2018 Go Global reception at the Atlanta History Center.

Wey Valve’s new President & CEO

Wey Valve has announced that Mr. Tommy Baldwyn has been named the company’s new President and Chief Executive Officer (CEO).

PJ Valves makes global impact with new hire

PJ Valves (PJV), the specialist manufacturer and supplier of valves for the global energy industry, has appointed Mr.

Oil & gas mergers and acquisitions on the rise

Record-level deal making took place in the oil and gas sector during the first quarter of 2018. Now, 90% of oil and gas executives are anticipating the global mergers and acquisitions market will improve in the next 12 months, up from 43% in April 2017, according to the EY Oil & Gas Global Capital Confidence Barometer.

Metso appoints new President & CEO

Metso's Board of Directors has appointed Mr. Pekka Vauramo as President and CEO of Metso, effective November 2018 at the latest.