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Valve Manufacturing

CIRCOR Acquires German Valve Firm

On April 15, CIRCOR International acquired Germany-based Schroedahl for $82.2 million.

Founded in 1962 with customers in Asia, Europe and the Americas, Schroedahl is a privately-owned manufacturer of safety and control valves primarily for the power generation market and, in 2014, recorded revenue of approximately $30 million with EBITDA margins over 35%.

Metso Receives Valve Order for Chinese Mill Project

Metso will supply altogether about one thousand valves for Stora Enso's consumer board machine project in Guangxi, China. The consumer board machine is part of Stora Enso's integrated mill project being implemented in two phases in China.

The value of the order is not disclosed. Part of this order is included in Metso's first-quarter 2015 orders received and divided bookings will follow during the remaining three quarters in 2015. Metso's deliveries will take place during 2015, and the consumer board machine is scheduled to be operational at the beginning of 2016. 

Curtiss-Wright's Enertech Representing ITT Brand in Nuclear Industry

ITT's Conoflow brand has appointed Enertech, a business unit of Curtiss-Wright Nuclear Division, as the exclusive nuclear industry representative for its valve and regulator products globally.

In this partnership, Enertech will be the point of contact for technical inquiries, quotations and order entry/status, while Conoflow will retain its nuclear quality assurance program along with certifications and documentation.

World Valve Market to Grow 3.9% Annually from 2015 to 2019

According to recently published research conducted by Global Research & Data Services, the expansion of the global valve industry is forecast to reach 3.9% growth annually in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 7.8%. Currently, oleohydraulic and pneumatic transmissions valves account for 45.6% of the global demand while the remaining market share is divided between relief and safety valves (21.4%), pressure-reducing valves (17.2%) and check valves (15.9%).

China, Czech Republic, Germany, Japan and the United States represent the largest valve markets while the strongest annual growth is forecast to occur in the Morocco (18.1%), Lithuania (13.3%), United States (11.8%), Ecuador (9.4%) and Philippines (7.2%).

McJunkin Red Man Awarded 3-Year Integrated Supply Agreement in CA

MRC Global Inc. announced today that its U.S. subsidiary, McJunkin Red Man Corporation (MRC), has been awarded a three-year integrated supply agreement with the largest combined oil and gas producer in California. This agreement covers all project requirements, maintenance, repair and operations supplies and the managing of all materials located at the largest oil and gas warehouse facility in the San Joaquin Basin.

With assets located exclusively in California, this customer is the state's largest producer of oil and gas on a gross-operated basis with approximately 2.3 million net acres covering California's four major oil and gas basins. Their Elk Hills Field is one of the largest oil and gas fields in the U.S. and supplies more than 40% of California's gas production and 5% of the state's oil production.

New Products

 

Valve Magazine Digital Edition

15 SPR CVRInside the Spring 2015 issue…

• Heavy Oil
• 3D Printing Gains Momentum
• Restoring Power After Sandy
• What is a Surplus Valve?

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