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Last updateWed, 24 Aug 2016 5pm

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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...

The Role of Valves in HAZOP Studies

The Role of Valves in HAZOP Studies

Process hazard analysis (PHA) is require...

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Industry Headlines

ValvTechnologies Successfully Completes NUPIC Audit

7 HOURS 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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GE Oil & Gas Supporting ONGC’s Exploratory Drilling Campaign in India

10 HOURS AGO

GE Oil & Gas has been awarded a multi-million-dollar frame agreement by Oil and Natural Gas Corporation Limited (ONGC), India’s largest exploration and production company. Under the agreement , GE will provide an estimated 55 subsea wellheads (SG5) over next three years for the operator&rsqu...

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Chemical Activity Barometer Suggests Accelerated Business Activity

1 DAY AGO

The Chemical Activity Barometer (CAB) expanded 0.4% in August following an upward revision for July. This marks the barometer’s sixth consecutive monthly gain. Accounting for adjustments, the CAB is up 3.2% over this time last year, the strongest year over year growth since January 2015. All d...

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Innovation Could Lead to Significant Cuts in Chemical Manufacturing Energy Use

1 DAY AGO

Scientists from ExxonMobil and Georgia Tech have developed a new technology that could significantly reduce the amount of energy and emissions associated with manufacturing plastics. If brought to industrial scale, this breakthrough could reduce industry’s global annual carbon dioxide emissions ...

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Manufacturing Output Up, Firms Signal Softer Expansion in New Work

1 DAY AGO

U.S. goods producers saw a further upturn in overall business conditions during August, though the rate of improvement was softer than seen in July. While output continued to rise markedly, total new work rose at a slower pace and employment expanded at the weakest rate in four months. Meanwhile, co...

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Leading Economic Indicators Gained Ground in July

6 DAYS AGO

The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.4% in July to 124.3, following a 0.3% increase in June, and a 0.2% decline in May.

“The U.S. LEI picked up again in July, suggesting moderate economic growth should continue through the end of 2016,” said Ataman Ozyi...

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NY Fed Chief: We’re Not Out of the Woods Yet

Not so fast my friend was the message delivered in remarks Monday by Federal Reserve Bank of New York President William C. Dudley.

“The incoming data on the U.S. economy has been a bit more upbeat of late, suggesting that the recovery may be finally establishing a somewhat firmer footing. Real GDP expanded at a 3 percent annual rate in the fourth quarter of 2011, the fastest growth since the first half of 2010. The average monthly gain in nonfarm payroll employment moved up to 256,000 in January and February from 164,000 in the fourth quarter,” said Dudley.

“While these developments are certainly encouraging, it is far too soon to conclude that we are out of the woods. To begin with, the economic data looked brighter at this point in 2010 and again in 2011, only to fade as we got into the second and third quarters of those years.”

To read the full speech click here

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