10182017Wed
Last updateWed, 18 Oct 2017 2pm

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Is it Time to Toss Those Commissions?

Is it Time to Toss Those Commissions?

It’s tough to pinpoint exactly wha...

Cybersecurity for Process Control

Cybersecurity for Process Control

Security for any process plant has alway...

Young Valve Professionals: Megan Johnston

Young Valve Professionals: Megan Johnston

In 2014, VMA's leadership created the Val...

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Industry Headlines

Industrial Production Up 0.3% in September

Wednesday, 18 October 2017  |  Chris Guy

Industrial production rose 0.3% in September. The rates of change for July and August were notably revised; the current estimate for July, a decrease ...

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Industry Headlines

Emerson Agrees to Acquire Paradigm

8 HOURS AGO

Emerson has agreed to acquire Paradigm for a purchase price of $510 million, reflecting a multiple of 13 times expected 2017 EBITDA. Paradigm will be joined with Emerson’s existing Roxar automation software. The acquisition is expected to close within the next 60 days, subject to various regulat...

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ValvTechnologies Receives ISO 15848 Certification

1 DAY AGO

ValvTechnologies’ EcoPack technology has received ISO 15848-1:2015 certification from Odin Heavy Industries. To earn ISO 15848 certification, ValvTechnologies underwent a stringent evaluation process that included a series of 17 helium leak tests and eight thermal cycles on a fully assembled v...

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Shale Gas Leading to Billions in Chemical Investments

1 DAY AGO

After years of high and volatile natural gas prices, new domestic supplies of more affordable natural gas and natural gas liquids (NGLs) have created a competitive advantage for U.S. chemical manufacturers, leading to greater investment, industry growth and new jobs. Companies from around the world ...

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Oil Demand May Peak in the Near Future

2 DAYS AGO

Demand for oil in developed countries will revert to structural decline by 2020, wiping out about four million barrels per day by 2035. In contrast, developing economies will increase their demand for oil by nearly 16 million barrels per day by 2035.

While transport demand will flat-line around 2030,...

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Industrial Production Up 0.3% in September

8 HOURS AGO

Industrial production rose 0.3% in September. The rates of change for July and August were notably revised; the current estimate for July, a decrease of 0.1%, was 0.5% lower than previously reported, while the estimate for August, a decrease of 0.7%, was 0.2% higher than before. Manufacturing output...

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Empire State Index at Highest Level Since 2014

1 DAY AGO

Business activity grew at a robust pace in New York State, according to firms responding to the October 2017 Empire State Manufacturing Survey. The headline general business conditions index climbed six points to 30.2, its highest level in three years. The new orders index came in at 18.0 and the ship...

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U.S. Steel CEO Says U.S. Manufacturing in Crisis

Manufacturers need a national agenda that addresses trade, environmental and tax issues so they can compete in the global marketplace, the CEO of U.S. Steel Corp. said Tuesday.

"There is a crisis in U.S. manufacturing ... that transcends the current global economic downturn. The crisis is real. It's not cyclical, it's not imagined, and it's not going away on its own," John Surma said at a World Affairs Council of Pittsburgh event in the Duquesne Club, Downtown.

Source: Pittsburgh Tribune-Review

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