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.

    Metso’s new approach for in-the-pit operations

    Heat Exchanger World Publisher -
    Metso, a leading industrial company serving the mining, oil, gas, aggregates, recycling, pulp, paper and process industries, with many locations throughout the Americas and globally, has developed a new integrated approach for in-the-pit operations.

    First US shale gas arrives in UK

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    The Ineos Insight tanker carrying ethane - a feedstock for chemical production –docked at Grangemouth, Scotland on September 27th, 2016.

    Flowserve President announces retirement

    Heat Exchanger World Publisher -
    Texas-based Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, has announced that Mark Blinn plans to retire as President, Chief Executive Officer (CEO) and a member of the Board of Directors.

    Honeywell UOP creates plant improving software

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    Illinois-based Honeywell UOP has introduced a new software-based service designed to allow refiners and petrochemical and gas processing plants to improve performance.

    Gasket Engineering develops repair kits

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    Missouri-based Gasket Engineering Company, known for its gasket manufacturing capabilities, has developed a solution to meet composite repair challenges.

    New acquisition for Dixon Valve and Coupling

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    Arctic Steel, a supplier of stainless steel water strainers, has been acquired by Dixon Valve and Coupling Company (DVCC), a family-owned private business headquartered in Maryland, US.

    Enbridge buying Spectra in $37 B deal

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    Canada's Enbridge Inc. said recently it would buy Spectra Energy Corp of Houston in an all-stock deal valued at about CAD $37 billion (USD $28 billion) to create the largest North American energy infrastructure company.

    BP signs second shale gas contract with CNPC

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    BP, whose US headquarters are located in Houston, Texas, announced that it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC).

    Exxon looking to sell Montana refinery

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    Oil and gas giant, Exxon Mobil, is seeking a potential buyer for its refinery located in Billings, Montana, one of only two XOM refineries in the US that is not integrated with its chemical operations.

    Shell sells Gulf of Mexico assets for $425 M

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    Royal Dutch Shell, through its affiliate Shell Offshore Inc., has reached an agreement to sell 100 per cent of its interest in the Gulf of Mexico Green Canyon Blocks 114, 158, 202 and 248, referred to as the Brutus/Glider assets, to EnVen Energy Corp.
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