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.

Constellation and Exelon to merge

US-based Constellation and Exelon have announced merger plans.

Pharmaceutical factory expansion in NC

Merck & Co Inc is constructing a 70,000 sq. ft. expansion to its site in Treyburn Corporate Park.

W&O introduces FuelProof

W&O has introduced its new FuelProof fuel, energy and emissions management system to help vessel owners and operators save money and improve vessel efficiency by integrating current data management systems.

Management moves at Hydratight

Chris Mitchell is now Western Region business leader to be based at Hydratight’s facility in Houston, taking over from Bob Boychuk, who in turn becomes nuclear portfolio manager.

US releases Global Shale Gas Initiative

In April 2010, the United States launched the Global Shale Gas Initiative.

Valero expanding crude unit in Texas

Valero Energy Corp has announced plans to expand the capacity of the crude unit at its McKee refinery in the Texas Panhandle by 25,000 bpd.

C&C developing specialty valve

C&C Industries, Inc. is currently in the process of developing a valve specifically for CO2 service. 

GEH and Lockheed sign nuclear deal

GE Hitachi Nuclear Energy (GEH) has formed an alliance with Lockheed Martin, thereby securing a digital control system supplier for its advanced nuclear reactors. 

US 2012 budget prioritizes renewables, nuclear

U.S. President Obama’s $29.5 billion Department of Energy (DOE) budget for fiscal year 2012 cuts back on subsidies to fossil fuel energy and increases funding for renewable and nuclear energy technology research.

Rosengren new president and CEO of Wärtsilä

Wärtsilä has appointed Bjorn Rosengren as the new President and CEO of Wärtsilä Corporation. Rosengren will resign from his current position at Atlas Copco and assume his new position on 1 September 2011.