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New analysis from Frost & Sullivan, South African Valves and Actuators Market in the Chemicals and Petrochemicals Industry, finds that the industry earned revenues of $78.2 million in 2008 and estimates this to reach $170.6 million in 2015.
Despite the impacts of the global financial crisis, leading companies within the petrochemicals industry in South Africa are continuing to implement planned capital expenditure projects. These sizeable initiatives are set to contribute to growth in sector demand for valves and actuators in South Africa from 2010 to 2015.
Source: Frost & Sullivan
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