Demand for valves to double by 2030
The McIlvaine Co has recently published a report that indicates the demand for industrial valves will expand from its present level of just under USD 50 billion/yr to over USD 100 billion/yr by 2030.
Petrobras announces third LNG terminal
Petroleo Brasileiro SA (Petrobras) is set to install a third offshore LNG terminal in the Bay of All Saints. The Bahia regasification terminal (TRBA) will have the capacity to regasify 14 million CUM/day and will supply natural gas to the state of Bahia.
Curtiss-Wright to supply valves to U.S. Navy
Curtiss-Wright Flow Control Company has been awarded a contract, that when fully funded, is expected to be in excess of $66 million to provide valves for the next six U.S. Navy Virginia-Class submarine nuclear propulsion systems.
BASF to build sodium methylate plant in Argentina
BASF has announced its intention to build a second production plant for sodium methylate in South America. Argentina is the planned location for the second plant with an annual capacity of about 60,000 mt.
New High Pressure valve released
Val-Matic Valve & Mfg. Corp. recently announced the release of a new high pressure Cam-Centric® plug valve.