Tag: oil & gas
Oil impacts valve markets over four years
According to the latest forecast published by the McIlvaine Company in N028 Industrial Valves: World Market, the market for industrial valves will grow by 16% from 2015 to 2019 at oil prices of $80/barrel during the period.
Rotork acquires Bifold
Global flow control company Rotork has announced the acquisition of the Bifold Group Ltd. (Bifold), a leading manufacturer of pneumatic and hydraulic instrument valves and components. Bifold has expertise in a number of niche sectors including subsea and wellhead control systems.
Bifold Group acquired by Rotork
Rotork, one of the market leaders for actuator manufacturing, has acquired Bifold Group Limited. The latter company is a manufacturer of pneumatic and hydraulic instrument valves and components focused on the oil and gas industry and wider industrial markets, with expertise in a number of niche sectors such as subsea and wellhead control systems.
Trelleborg’s new sealing resource
Trelleborg Sealing Solutions is launching a new online resource aimed at engineers.
The new website – ‘oilandgas-seals.com’ provides a comprehensive overview of seal profiles proven in the oil and gas industry, enabling engineers to identify optimum sealing solutions for specific applications within the field.
Stainless steel pressure regulators
The BelGAS division of Marsh Bellofram Corporation has announced its product portfolio expansion to include stainless steel versions of the industry best-selling Type P95H, Type P98H and Type P627 regulators for corrosive environments.
US exports fall last 3 months
This past May, the U.S. trade deficit widened revealing that businesses were having trouble making sales to overseas customers.
Commerce Department figures show that the gap grew 2.9 percent to $41.