02102016Wed
Last updateWed, 10 Feb 2016 4pm

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Introduction to Pressure Relief Devices - Part 1

Introduction to Pressure Relief Devices - Part 1

When the pressure inside equipment such ...

Is Your Company Ready for The New Reality?

Is Your Company Ready for The New Reality?

Since August, 2015, when VMA’s 201...

Offshore Oil Extraction and Transportation

Offshore Oil Extraction and Transportation

Offshore oil facilities come to the fore...

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Industry Headlines

PM International Suppliers Joins VMA

-1 DAYS AGO

This week VMA welcomes PM International Suppliers, LLC as our newest associate member (distributor/channel partner), our 2nd new member of 2016 so far.

PM International supplies pipe and fittings, tubing, valves, flanges, bars, sheet and forgings with numerous worldwide sources for a wide variety o...

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ASCO Announces Brand Transition

16 HOURS AGO

ASCO Numatics, a business unit of Emerson, will begin doing business as ASCO, effective immediately. The transition to the ASCO name will be made on a global basis. It will not affect customer purchasing processes or sales channels.

The company said the ASCO name will leverage the power of its ASCO...

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OPEC Anticipates Rivals Producing Less Oil in 2016

-1 DAYS AGO

OPEC projects world oil demand growth in 2015 increased by 1.54 mb/d, unchanged from the previous report, to average 92.96 mb/d. In 2016, world oil demand is expected to grow by 1.25 mb/d, representing a marginal lower adjustment of 10 tb/d from the previous forecast, to average 94.21 mb/d. Non-OECD...

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Marathon Petroleum Plans $2 Billion Refinery Expansion

15 HOURS AGO

Marathon Petroleum recently announced plans to invest $2 billion in the Galveston Bay refinery over the next five years, an investment program collectively referred to as the South Texas Asset Repositioning (STAR) program.

"The investments planned as part of the STAR program are intended to increas...

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U.S. Job Openings Climb to Second-Highest Level on Record

20 HOURS AGO

The number of job openings increased to 5.6 million in December, the second highest number ever recorded, the U.S. Bureau of Labor Statistics reported today. Hires and separations were little changed at 5.4 million and 5.1 million, respectively. Within separations, the quits rate was 2.1%, and the l...

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Machine Tool Orders Rose in December, Down in 2015

20 HOURS AGO

The U.S. Manufacturing Technology Orders report for December 2015 showed that order values grew 20.4% compared to the prior month, according to The Association for Manufacturing Technology (AMT). For all of 2015, the year’s total orders were down 17.4% compared to 2014.

While the month-to-mon...

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Report: Energy-Producing States Skirted Recession

A new Biofuels Digest report found that states that produced enough energy to meet their internal demand for gasoline maintained growth rates 2.5 times above the national average, and either completely avoided the 2007-09 recession or experienced a lighter version of it. These states maintained a GDP growth in 2007-08 at five times the rate of states that were less than 20 percent energy independent.

Source: ChemInfo

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