News

Our editors gather news and press releases from around the world to bring our community the latest developments in the valve and actuation industry. Here you can find news involving the people and companies involved in the design, manufacturing, supply, maintenance and use of industrial valves and actuators. We focus both on engineered products as off the shelf products.
If you wish to include your news items and press releases in our publication, email newsletter or on our website please feel free to contact the Editor.

Neste Oil sells renewable diesel to U.S. market

   Neste Oil supplied its first batch of NexBTL renewable diesel fuel to the American market.

Santee Cooper finds possible nuclear unit buyer

Santee Cooper has another possible buyer interested in part of its stake in two new nuclear units under construction in the Midlands.  The state-owner utility signed a letter of intent with Columbus, OH-based American Municipal Power Inc.

GE Energy opens Chile manufacturing plant

   In order to provide reliable electrical distribution product and service solution to its customers in Latin America, GE Energy's Industrial Solutions business celebrated the opening of its new manufacturing facility in Santiago, Chile.

MRC announces first quarter results

The largest global distributor of valves, pipes and fittings and related products and services to the energy and industrial sectors, MRC Global Inc. announced it's first quarter 2012 financial results.

Montney shale play attracting investments

   According to a new report by business intelligence expert GlobalData, operators have been making significant investments in competing for valuable areas in Canada's Montney shale play.

Adanac to the rescue

Staff at Adanac pride themselves on providing short lead time deliveries of non standard products. From fabricating valve jackets to cryogenic modifications and testing, they know that customers expect fast delivery times without any compromise on quality.

Technip awarded Lucius subsea contract

   Anadarko Petroleum Corporation awarded a lump sum contract to Technip for the development of the Lucius Field.

Energy Transfer Partners to Acquire Sunoco

  Energy Transfer Partners, L.P. (ETP) and Sunoco, Inc. announced that they have entered into a definitive merger agreement whereby ETP will acquire Sunoco in a unit and cash transaction valued at USD 50.13 per share, or a total consideration of approximately USD 5.3 billion, based on ETP’s closing price on April 27, 2012.

BASF names Fluor North America engineering partner

BASF has named Fluor Corporation as its North American chemicals capital project engineering partner. Fluor was awarded an umbrella services agreement by BASF for an undisclosed contract value.  The agreement will cover the providing of services such as conceptual and front-end engineering and design, detailed engineering, procurement, project management and construction management services.

Major companies join for Alaskan resource developm

   ConocoPhillips, BP, TransCanada and ExxonMobil have announced that they are working together on the next level of Alaskan resource development through their participation in the Alaska Pipeline Project.