Valves
Valve revenues could rise to $52 billion by 2015
The world market for industrial valves will grow from $44 billion this year to $52 billion in 2015. This is the latest forecast in Industrial Valves: World Market, published by the McIlvaine Company.
New portable control valve diagnostic tool
Dresser Masoneilan has launched the next generation ValScope-PRO, a diagnostic tool for control valves with both conventional and digital positioners. The ValScope-PRO helps customers identify problems by providing a scientific evaluation of valves in operation.
ITT acquires Canberra Pumps in Brazil
ITT Corp. has acquired Canberra Pumps do Brasil, expanding the company’s pump manufacturing presence in the Latin America region. Canberra Pumps has an installed base of 20,000 pumps serving customers in the chemical, pulp and paper, and general industry pump markets.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
