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.

    Gemco Valve’s retractable sleeve valve goes global

    Heat Exchanger World Publisher -
    For most powder bulk solids applications, an automated full port valve with a retractable sleeve is an economical and effective method of resolving the problems of safe and effective containment and transfer of materials.

    CB&I awarded Kearl oil sands contract

    Heat Exchanger World Publisher -
    CB&I has been awarded an approximately USD$300 million contract for work on the Kearl Expansion Project in Alberta, Canada by Imperial Oil Resources Ventures Ltd. The contract for this phase of the work includes procurement, module assembly at CB&I's Fort Saskatchewan facilities and construction and installation of modular components at the site.

    Anadarko signs Lucius joint venture deal

    Heat Exchanger World Publisher -
    Anadarko Petroleum Corporation has signed a definitive agreement to enter into a joint venture capital carry arrangement for Anadarko's ownership in the Gulf of Mexico Lucius development project with an undisclosed party.

    Alfa Laval acquires Vortex Systems

    Heat Exchanger World Publisher -
    Alfa Laval has acquired U.S. Manufacturer of mixing and blending solutions for the oil and gas industry, Vortex Systems. Vortex Systems wills be consolidated and integrated into Alfa Laval from June 30th, 2012.

    Sunoco & Carlyle Group form refinery joint venture

    Heat Exchanger World Publisher -
    The Carlyle Group L.P., global asset manager and Sunoco Inc. have agreed to form a joint venture Philadelphia Energy Solutions, that will enable the historic Philadelphia refinery to continue to operate.

    BASF acquires ITWC Incorporated

    Heat Exchanger World Publisher -
    BASF has acquired Malcom, Iowa-based ITWC, which specializes in cast elastomer polyurethane systems and polyester polyols. BASF is acquiring ITWC's assets, including those obtained during the company's acquisition of Hydroseal Polymers Inc.

    S.C. State receives funds from nuclear security ag

    Heat Exchanger World Publisher -
    South Carolina State University has received almost USD$1 million to assist students in the nuclear engineering field, from the National Nuclear Security Administration. The leaders at the Orangeburg school were presented the funds by Administration representatives last week.

    GoM lease sale USD$1.7 billion in high bids

    Heat Exchanger World Publisher -
    USD$1.7 billion in high bids out of a total USD$2.6 billion for all bids was drawn for the Central Gulf of Mexico Lease Sale. 593 bids on 454 tracts covering 2.4 million acres of the 39 million acres total offered were bid on by 56 operators.

    Tyco opens its largest ball valve plant

    Heat Exchanger World Publisher -
    Tyco International unit, Tyco Flow Control opened a new state-of-the-art plant in Chengdu, China, the capital of Sichuan Province in May. The plant is part of Tyco's three-year, USD$100 million China-wide investment program, including a China Engineering Center in Shanghai and a high-performance Steam Testing Center in Qingpu.

    Curtiss-Wright & Westinghouse sign nuclear allianc

    Heat Exchanger World Publisher -
    Curtiss-Wright Corporation's Flow Control business segment's Electro-Mechanical Division business unit have signed a strategic alliance with Westinghouse Electric Company LLC to jointly pursue and develop business opportunities for the refurbishment of large motors for commercial nuclear power applications in North America and collaborate on new technology development.
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