Curtiss-Wright announced that it has been awarded contracts valued in excess of $80 million to provide valves for the U.S. Navy’s Virginia-class submarines and Ford-class aircraft carriers. The awards were received from Bechtel Plant Machinery, Inc. and General Dynamics Electric Boat Division ...
In order to ensure proper cleaning procedures are performed on valves intended for oxygen, ozone, chlorine, hydrogen peroxide, isocyanate and other applications, DeZURIK has constructed a new
dedicated clean room
within its Sartell, MN manufacturing plant.
Global upstream development spending from 2015 to 2020 has been cut by 22% or $740 billion since the oil price started to drop two years ago, according
Wood Mackenzie's research
. When you include cuts to conventional exploration investment, the figure increases to just over $1 trillion. Expect to see...
The EPA has finalized a rule establishing pretreatment standards for discharges of wastewater from onshore unconventional oil and gas (UOG) extraction facilities to municipal sewage treatment plants (also known as publicly owned treatment works, or POTWs).
is designed to prevent the discharge...
New orders for manufactured durable goods in May decreased $5.3 billion or 2.2% to $230.7 billion, the Commerce Department announced today.
, down following two consecutive monthly increases, followed a 3.3% April increase. Excluding transportation, new orders decreased 0.3%. Excluding d...
“The Obama administration will fight a federal judge’s ruling overturning its effort to regulate hydraulic fracturing on public lands,”
. The White House says they will take the case to the U.S. Court of Appeals.
“The ruling, issued late Tuesday by Wyoming-based...
Emerson Process Management sales grew 19%, as global energy investments and backlog conversion related to the Thailand flooding generated robust growth. Underlying sales increased 23% and currency translation deducted 4%, with the U.S. up 29%, Asia up 25%, and Europe up 14%. Project activity in oil and gas, chemical, and power end markets continued at a brisk pace across all product lines. Segment margin of 23.1% increased 270 basis points from the prior year quarter, primarily driven by volume leverage and cost reduction benefits. Recovery of sales delayed by the Thailand flooding progressed as expected, contributing to strong volume leverage. Underlying orders, which exclude currency translation, grew 17% in the quarter, resulting in backlog remaining at a high level, and supporting a favorable outlook in Emerson Process Management for the next several quarters.