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.

Indiana-Based Compressed Air Distributor Acquired by Atlas Copco Group

The Atlas Copco Group recently announced the acquisition of Powered Compressors and Supplies’ (PCS) compressed air business.

Flomatic Appoints Thomas Gomez as New Territory Sales Manager

Flomatic, a global valve manufacturer in the water and wastewater industry, announces the appointment of Thomas A. Gomez as the new Territory Sales Manager for Texas, Oklahoma, Arkansas, and Louisiana.

Petrobras breaks record for CO2 reinjection in pre-salt

Petrobras reinjected 14.2 million tons of CO2 into the Santos Basin pre-salt reservoirs last year, surpassing the volume of 13 million tCO2 reinjected in 2023.

CNOOC Announces Payara Project Commenced Production

CNOOC announces that Payara Project has commenced production safely.

Shell invests in Gato do Mato project in Brazil’s pre-salt

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has made the Final Investment Decision (FID) for Gato do Mato, a deepwater project in the pre-salt area of the Santos Basin.

SLB provides update on planned acquisition of ChampionX

SLB announced that the United Kingdom Competition and Markets Authority (CMA) has declined to unconditionally clear SLB’s planned acquisition of ChampionX during the CMA’s Phase 1 review period.

Score Becomes Largest Global Distributor of Val-Tex and Sealweld Products

Score is proud to announce it’s now the largest accredited distributor of Val-Tex and Sealweld sealant injection products worldwide.

New Valmet office opens in Tikkurila, Vantaa

Valmet's new premises in Tikkurila, Vantaa, have been completed. Nearly 700 Valmet employees in Finland, mainly from Järvenpää and partly from Vantaa's Hakkila office, have moved into the new premises in early spring.

Core & Main Announces Leadership Transition

Core & Main Inc. announced changes to its executive leadership team as part of the Company’s long-term succession planning.

Valve Innovations Enhance Residue Hydrocracking Performance

Explore how new valve technologies are improving residue hydrocracking processes, enhancing safety, efficiency and reactor performance in refinery operations.