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Valve Basics Training Helps Fill Industry Skills Gap

Valve Basics Training Helps Fill Industry Skills Gap

One of the most keenly felt needs in tod...

An End-User’s Perspective on Valve Selection and Risk

An End-User’s Perspective on Valve Selection and Risk

I am not a valve expert, although I ofte...

New Test Stamp and More Updates on Pressure Vessel Codes

New Test Stamp and More Updates on Pressure Vessel Codes

A new test organization program and stam...

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Industry Headlines

Why Gas Won’t Be Traded Like Oil in the Future

Wednesday, 31 August 2016  |  Chris Guy

Natural gas can be transported anywhere on LNG carriers, but will “probably remain regionally priced for the time being, with some contracts con...

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Industry Headlines

Chemours Selects Wilmington, DE for its Global Headquarters

1 DAY AGO

The Chemours Company will locate its global headquarters in Wilmington, DE. Chemours began evaluating headquarters location options more than 6 months ago with Delaware, New Jersey and Pennsylvania all under active consideration. Recent changes to Delaware’s corporate tax structure were key comp...

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ValvTechnologies Successfully Completes NUPIC Audit

6 DAYS AGO

ValvTechnologies, Inc. recently achieved NUPIC-approved suppliers list status, upon successful completion of the Nuclear Procurement Issues Committee (NUPIC) audit conducted at the Houston facility. NUPIC members include all domestic U.S. nuclear utilities as well as several international members.

Form...

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Why Gas Won’t Be Traded Like Oil in the Future

1 HOUR AGO

Natural gas can be transported anywhere on LNG carriers, but will “probably remain regionally priced for the time being, with some contracts continuing to track oil, said Roger Bounds, senior V.P. for global gas at Shell. Prices will depend on location, regulation and infrastructure, as some c...

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Feds Warn of Bolt Failures in Offshore Drilling

20 HOURS AGO

On Monday, Bureau of Safety and Environmental Enforcement (BSEE) director Brian Salerno held a press conference aimed at oil & gas regulators. The issue he wanted to draw attention to is the failure of bolts in offshore drilling equipment such as blowout preventers. This problem, Salerno says, has...

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U.S. Consumer Confidence at 11-Month High

3 HOURS AGO

The Conference Board Consumer Confidence Index, which had decreased slightly in July, increased in August. The Index now stands at 101.1 , compared to 96.7 in July. Consumers’ appraisal of current conditions improved in August. Those stating business conditions are “good” increased f...

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Advanced Manufacturing Outpaces Rest of Production Sector

1 DAY AGO

A new report from the Brookings Institution finds that high-tech advanced manufacturing bucked both global economic challenges and the longstanding shrinking of the traditional manufacturing sector over the last two years. While job losses were felt in other pockets of the production sector, advance...

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ELFA Survey of Equipment Finance Activity Finds Overall New Business Volume Grew in 2011

New business volume grew 16.5% in the equipment finance industry in 2011, according to the 2012 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). The growth in volume surpassed the 3.9% increase reported for 2010, marking the second year of growth following a 30.3% decline in 2009 and a 2.2% decline in 2008. The SEFA, which is based on responses from 109 ELFA member companies, covers key statistical, financial and operations information for the $628 billion equipment finance industry.

“The equipment finance industry helps a wide range of commercial businesses to acquire the equipment they need to conduct their business operations,” said William G. Sutton, ELFA President and CEO. “The 2012 SEFA data show the equipment finance sector continued to gain momentum as the economy improved in 2011. More recent data collected in 2012 indicate that steady growth is continuing, even amid a slow economic recovery.”

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