As the interface between a valve and its control system, positioners play an important role in ensuring reliability and optimal performance in automated process plants.
Surfaces in relative motion or in contact with each other, such as bearing or gear components, produce a frequency response when they interact. This r...
Neles’ new valve technology center in Jiaxing, China, has started its operations. The
new plant
strengthens Neles’ valve and related products production capabilities and increases availability for customers across various process industries, in China and globally. The greenfield investment...
The board of directors at Richards Industrials has
appointed
Jordan Bast as president and CEO. Bast brings to the position a wealth of knowledge and experience in the valve industry on national and global levels. He has vast experience in business development and management across process industries a...
Both Dominion Energy and Duke Energy have
announced
that they are no longer moving forward with the $8 billion Atlantic Coast Pipeline. The companies say that a need for new infrastructure in the region remains an issue, but there is too much legal uncertainty for them to continue moving forward with ...
BP has
agreed to sell
its global petrochemicals business to INEOS for a total consideration of $5 billion, subject to customary adjustments. Under the terms of the agreement, INEOS will pay BP a deposit of $400 million and will pay a further $3.6 billion on completion. An additional $1 billion will be...
The Conference Board Consumer Confidence Index
increased in June
, after virtually no change in May. The Index now stands at 98.1 (1985=100), up from 85.9 in May. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – improved f...
The June PMI registered 52.6%,
up 9.5%
from the May reading of 43.1%. This figure indicates expansion in the overall economy for the second straight month after April’s contraction, which ended a period of 131 consecutive months of growth.
“June signifies manufacturing entering an expected ...
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