05242016Tue
Last updateTue, 24 May 2016 3pm

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Industry and Regulatory Changes in Offshore Operations

Industry and Regulatory Changes in Offshore Operations

On May 13, 2016, the offshore oil and ga...

Strategies for Successful SIS Valve Diagnostic Implementation

Strategies for Successful SIS Valve Diagnostic Implementation

End users and contractors alike strive t...

Stop Check Valves

Stop Check Valves

Stop check valves are vital to several i...

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Industry Headlines

MRC Global Expands Service to Chemours in the U.S. Gulf Coast

1 DAY AGO

MRC Global Inc. announced that its subsidiary, MRC Global (US) Inc., has been awarded an agreement to be the primary provider of pipe, valve, fitting (PVF) products and services to all U.S. locations of The Chemours Company. The five-year agreement added the Gulf Coast region and also includes valve a...

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Sunbelt Supply Opens Shanghai Valve and Automation Center

4 DAYS AGO

Sunbelt Supply celebrated the grand opening of its new Valve and Automation Center with an open house on May 12, 2016 in Shanghai, China. The open house welcomed 80 customers and manufacturers. Attendees toured the newly stocked warehouse and automation center .

Sunbelt Supply Shanghai is a joint ventu...

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Gulf Coast Petrochemical Boom Contributing to Global Plastics Glut

4 HOURS AGO

A surge in new plastics chemical capacity coming from low-cost producers in North America (specifically the U.S. Gulf Coast), the Middle East and China is driving the global market for key plastics polyethylene (PE) and polypropylene (PP) to oversupply, which will pressure margins for producers and ...

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U.S. Chemical Production Stalled in April

1 DAY AGO

According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) was flat in April , following a 0.4% gain in March, and a 0.1% decline in February, as measured on a three-month moving average (3MMA). In April, the Gulf Coast was the only region to post a smal...

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Markit PMI Shows U.S. Manufacturers Stagnating in May

4 HOURS AGO

The U.S. manufacturing sector crept closer to stagnation in May, with the seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers’ Index (PMI) registering only slightly above the neutral 50.0 mark at 50.5. This was down from 50.8 in April and signaled only a marginal improvement...

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Why Innovation is the Key to U.S. Manufacturing Growth

1 DAY AGO

Manufacturing may be facing some headwinds, but it’s undeniably in the midst of a technological renaissance that is transforming the look, systems and processes of the modern factory. Despite the risks — and despite recent history — industrial manufacturing companies cannot afford ...

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Weir Group Reports Increase in Demand for Pumps, Valves

Order input in the Power & Industrial segment of Weir increased 35% from Dec. 31-May 8 on a reported basis and 27% on a like for like basis and ahead of expectations, underpinned by a strong performance from American Hydro and the benefits of strategic initiatives to accelerate growth across global valve markets. This included the award of a substantial landmark nuclear control valve contract in the Middle East for delivery across 2013-14. Excluding large nuclear original equipment orders, like for like input growth was 17%. Quotation activity remains strong and a growing order book provides confidence in the medium term outlook for the division. Weir continues to expect good profit progression in 2012 with divisional operating margin expectations unchanged.

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