Bashneft & Emerson sign memorandum
Bashneft and Emerson Process Management have signed a long-term Memorandum of Cooperation on the development of systems for comprehensive automation of industrial facilities. The document was signed by Bashneft President, Alexander Korsik and Vice President of Emerson Process Management and Director General of LLC Emerson, Nikolay Shestakov.
Pure-Flo® EnviZion™ valve wins product award
ITT’s Engineered Valve brand has announced that the Pure-Flo® EnviZion™ valve has been named the 2014 Breakthrough Product of the Year by Processing Magazine. This award recognizes products, technologies and services that make significant contributions in the process industries.
Cryofab acquires Cryocomp
The New Jersey-based manufacturer of cryogenic equipment, Cryofab, has acquired the California-based cryogenic valve supplier who also specializes in vacuum valve assemblies, Cryocomp Inc.
Cryofab designs and supplies cryogenic dewars, storage vessels and transfer systems for the industrial gas, research, aerospace, medical, semiconductor and pharmaceutical industries.
2018: US valve demand to reach $20 billon
A new study from The Freedonia Group, a Cleveland-based industry market research firm, predicts that the demand for industrial valves in the US will increase 4.9 percent per year to reach $19.8 billion in 2018.
4C Environmental Conference expects record turnout
This year's 4C Environmental Conference brings together a record 1,000 representatives from environmental regulatory and regulated communities for 4 days of presentations, trainings, and showcases on the latest compliance topics and products at the newly constructed JW Marriott in downtown Austin on February 16-19th.