06192018Tue
Last updateTue, 19 Jun 2018 2pm

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Gaskets Are Not Created Equal

Gaskets Are Not Created Equal

Gaskets are near the bottom of the food ...

Your Valves May Be Weaponized

Your Valves May Be Weaponized

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Fracturing Technology in the New Age

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According to a 2014 U.S. Energy Informat...

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Industry Headlines

Metso Receives Major Valve Orders in China

Tuesday, 19 June 2018  |  Chris Guy

Metso has received two valve orders totaling 8,200 valves from major pulp and paper customers in China. The orders are booked in Metso's first quarter...

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Industry Headlines

Metso Receives Major Valve Orders in China

-1 DAYS AGO

Metso has received two valve orders totaling 8,200 valves from major pulp and paper customers in China. The orders are booked in Metso's first quarter 2018 orders received. The total value of the orders and the company names are not being disclosed. Broadly covering China's mid and high-end customers ...

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A-T Controls Names Andy Cheney Southwest Regional Manager

3 DAYS AGO

A-T Controls recently announced the addition of Andy Cheney as the company’s new southwest regional manager, effective immediately.

Cheney’s new role will cover California, South Nevada, Arizona and New Mexico. He has over twenty years in the valve and automation business and is very famil...

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Phillips 66 Plans $1.5 Billion Expansion in Texas

-1 DAYS AGO

Phillips 66 is proceeding with an expansion of the company’s Sweeny Hub. This project includes the construction of two 150,000 barrel-per-day (BPD) natural gas liquids (NGL) fractionators in Old Ocean, TX, additional NGL storage capacity, and associated pipeline infrastructure. The project is ex...

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Permian Oil Production to More than Double, Exceed Expectations

4 DAYS AGO

Oil production in the Permian Basin, already a major force in global supply growth, will rise nearly 3 million barrels a day (mbd) by 2023—a level of growth exceeding most recent estimates, says IHS Markit . What the report describes as a “stunning” level of growth will comprise more...

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Consumer Sentiment Climbs to Three-Month High

-1 DAYS AGO

Consumer sentiment rose slightly in early June due to consumers' more favorable assessments of their current financial situation and more favorable views of current buying conditions for household durables. The Expectations Index declined to its lowest level since the start of the year due to less f...

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U.S. Manufacturing Output Fell in May

21 HOURS AGO

Industrial production edged down 0.1% in May after rising 0.9% in April. Excluding motor vehicles and parts, factory output moved down 0.2%. The index for mining rose 1.8%, its fourth consecutive month of growth; the output of utilities moved up 1.1%. At 107.3% of its 2012 average, total industrial ...

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AGC: Commercial Construction Spending Dips Slightly in July

Construction spending in July maintained consistent year-over-year growth despite a pullback from the June peak, according to an analysis of new federal data by the Associated General Contractors of America (AGC). Association officials said they expect the disparity between private and public construction to persist unless Washington acts to fix infrastructure funding challenges and pass long-delayed measures.

Power and energy construction fell for the fifth month in a row in July, by 1.4% compared with June, but the total still rose 21% from a year ago, thanks in part to oil and gas activity. Manufacturing construction, which shrank 2.1% for the month but was 17% higher than in July 2011, should resume growing in the coming months.

Public construction remains plagued by budget woes, especially for local governments and school districts. Street construction spending inched down 0.3% in July but was up 5.2% over 12 months, while educational construction spending decreased 0.6% and 5.0% respectively. Other public segments dipped 0.2% for the month and 0.8% year-over-year.

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