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Last updateThu, 16 Feb 2017 9pm

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Improving Valve Sealing Performance and Reliability

Improving Valve Sealing Performance and Reliability

From time to time, we are re-posting wel...

A Primer on Fugitive Emissions

A Primer on Fugitive Emissions

Fourscore and seven years ago, no one ha...

The State of Industrial Distribution in 2017

The State of Industrial Distribution in 2017

Key trends for the industrial distributi...

The Weekly Report

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Industry Headlines

ITT Reports 2016 Fourth-Quarter, Full-Year Results

Thursday, 16 February 2017  |  Chris Guy

On a GAAP basis, ITT Corporation delivered revenue of $588 million in the fourth quarter of 2016, reflecting a 12% decline that included a 2% negative...

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Industry Headlines

ITT Reports 2016 Fourth-Quarter, Full-Year Results

2 DAYS AGO

On a GAAP basis, ITT Corporation delivered revenue of $588 million in the fourth quarter of 2016, reflecting a 12% decline that included a 2% negative impact from foreign exchange. GAAP segment operating income decreased 12% .

In the Industrial Process segment, total revenue decreased 29% to $212 milli...

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Delta Centrifugal Rejoins VMA

3 DAYS AGO

This week VMA welcomed back associate member Delta Centrifugal Corporation of Temple, TX after a one year absence from the association.

Delta produces custom-made castings. Delta’s operations include Texas Stainless, Inc. Texas Stainless is a metals distributor and sells castings produced by Delt...

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How New U.S. Policies Will Affect the Chemical Industry

3 DAYS AGO

“In 2017, barring a recession in the U.S. and Europe or a slowdown in China, Moody’s Investor Service expects EBITDA in the chemicals industry to slip by 1 or 2% year-over-year.”

A new report from PwC predicts that the Trump administration “is likely to embrace policies that are...

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$2.2 Billion Investment Approved for Mad Dog Phase 2 Project

5 DAYS AGO

BHP Billiton has approved expenditure of $2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico. During the fourth quarter of 2016, BP, which holds a 60.5% participating interest, sanctioned the Mad Dog Phase 2 project.

Mad Dog Phase 2, located in the Green...

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Philly Fed Manufacturing Conditions Continued to Improve in February

3 DAYS AGO

The index for current manufacturing activity in eastern Pennsylvania, southern New Jersey and Delaware increased from a reading of 23.6 in January to 43.3 this month and has remained positive for seven consecutive months. The share of firms reporting growth continues to increase: More than 48% of the ...

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Industrial Production Down 0.3% in January

4 DAYS AGO

Industrial production decreased 0.3% in January following a 0.6% increase in December. In January, manufacturing output moved up 0.2%, and mining output jumped 2.8%. The index for utilities fell 5.7%, largely because unseasonably warm weather reduced the demand for heating. At 104.6% of its 2012 avera...

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MSS Publishes Eleven Revised Standards

The Manufactures Standardization Society (MSS) is pleased to announce the following eleven revised standards:

Updated/Revised Publications

  • MSS SP-51-2012, Class 150LW Corrosion Resistant Flanges and Cast Flanged Fittings
  • MSS SP-60-2012, Connecting Flange Joints Between Tapping Sleeves and Tapping Valves
  • MSS SP-65-2012, High Pressure Chemical Industry Flanges and Threaded Stubs for Use with Lens Gaskets
  • MSS SP-97-2012, Integrally Reinforced Forged Branch Outlet Fittings - Socket Welding, Threaded, and Buttwelding Ends
  • MSS SP-109-2012, Weld-Fabricated Copper Solder-Joint Pressure Fittings
  • MSS SP-111-2012, Gray-Iron and Ductile-Iron Tapping Sleeves
  • MSS SP-113-2012, Connecting Joints Between Tapping Machines and Tapping Valves
  • MSS SP-122-2012, Plastic Industrial Ball Valves
  • MSS SP-124-2012, Fabricated Tapping Sleeves
  • MSS SP-128-2012, Ductile Iron Gate Valves
  • MSS SP-134-2012, Valves for Cryogenic Service; Including Requirements for Body/Bonnet Extensions

Note: SP-60, 109, 113, and 134 include minor title changes.

All Standard Practices are available from MSS and authorized distributors.

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