02182018Sun
Last updateFri, 16 Feb 2018 8pm

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Putting Servo Valves Back to Work

Putting Servo Valves Back to Work

Industries as varied as paper production...

Corrosion and Fouling: Is There a Solution?

Corrosion and Fouling: Is There a Solution?

According to a 1998 study released by the ...

Valves with All the Trimmings

Valves with All the Trimmings

The term valve trim has been around for ...

VMA Chair Mark Nahorski: Industry Has Many Pathways to Success

VMA Chair Mark Nahorski: Industry Has Many Pathways to Success

Part of the discussion today about what ...

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Industry Headlines

ValvTechnologies ITC 2018 Recap

Friday, 16 February 2018  |  Chris Guy

The biennial ValvTechnologies’ International Technical Conference and Users Group (ITC) was held on February 8-9 in Houston. Seeking to educate,...

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Putting Servo Valves Back to Work

Putting Servo Valves Back to Work

Monday, 12 February 2018  |  Christopher Valiquette

Industries as varied as paper production, steelmaking and power generation rely on servo valves for precise motion control. A servo valve can last wel...

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Industry Headlines

ValvTechnologies ITC 2018 Recap

1 DAY AGO

The biennial ValvTechnologies’ International Technical Conference and Users Group (ITC) was held on February 8-9 in Houston. Seeking to educate, inspire and engage attendees over a two-day period, the event brought together hundreds of attendees from across the globe to share valuable insight ...

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Matthew Davis Named Field Service Manager at Weir

2 DAYS AGO

Weir Valves & Controls USA (WVC USA) has appointed Matthew Davis to the position of field service manager. In his new role, Davis will be responsible for managing the WVC USA Field Service crew and organizing WVC Service jobs for power plants worldwide.

Davis joins WVC USA with over 20 years of ex...

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TransCanada Turns Attention to Natural Gas System

2 DAYS AGO

TransCanada Corp. will move forward with a $1.9 billion expansion of its NGTL System to connect incremental supply and expand basin export capacity by one billion cubic feet of natural gas per day at the interconnection with its Canadian Mainline. NGTL expects to begin construction in 2019.

The increme...

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U.S. Oil Output Surge Reminiscent of Run-Up to 2014 Dive

3 DAYS AGO

According to the International Energy Agency (IEA), fast rising production in non-OPEC countries, led by the U.S., is likely to grow by more than demand in 2018. For now, the upward momentum that drove the price of Brent crude oil to $70/bbl has stalled; partly due to investors taking profits, but a...

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U.S. Industrial Production Fell 0.1% in January

1 DAY AGO

Industrial production edged down 0.1% in January following four consecutive monthly increases. At 107.2% of its 2012 average, total industrial production was 3.7% higher in January than it was a year earlier.

Manufacturing output was unchanged in January for a second consecutive month; the index has i...

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U.S Business Inventories Rose 0.4% in December

2 DAYS AGO

Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,902.2 billion, up 0.4% from November 2017 and were up 3.2% from December 2016.

A poll of economists “had forecast inventories, a key component of...

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Market Outlook 2012: The Winds of Change

vmfall11_market_outlook

Attendees at this year’s VMA Market Outlook walked into the meeting room with a bit of shell shock. The stock market fluctuated wildly in the days leading up to the Aug. 11-12 event in Boston following weeks of tough U.S. federal budget negotiations and the downgrading of the U.S. credit rating for the first time in history. Sara Johnson, senior research director of IHS Global Insight, called the events “headwinds” blowing against what had been expected. She said the year 2011 had been filled with such unusual occurrences, including the Japanese earthquake/tsunami earlier that year as well as other natural disasters and political upheavals.

But attendees were soon to learn that outlook speakers, while they admitted some figures might need to be adjusted for the remainder of 2011, felt their overall prediction was on track—the valve and actuator industry will see a brighter 2012.

“I hope as you leave here today, you leave uncertainty behind and realize things are not as bad as you may have thought. There is still force in our sails … it just might be time to adjust those sails to the prevailing winds,” Alan Beaulieu, president, Institute for Trend Research, emphasized.

 

Common Themes

It’s a different world: There wasn’t much talk this year about looking to the past to respond to the future. That’s because almost every presenter pointed out that the world and this nation are in a unique economic situation. Most said to expect the rocky stock market in the U.S. to remain volatile and that while the nation is in recovery mode, it’s going to be a long steady climb back to the prosperity we experienced just before the Great Recession.

Shining stars burning brightly: India was ­mentioned by more speakers this year than at any previous workshop. The country began a climb toward prosperity in the 1990s when ­economic reforms went into effect. It did not suffer the consequences of some other nations during the recent economic woes so it is one of today’s ­shining stars. Brazil continues to prosper and was mentioned by many speakers as a good place to do business. China is still a tough ­contender for business, but it has experienced high inflation rates and other challenges that may mean some business returning to U.S. soil.

Renewables are catching hold: This is the first workshop where one session was devoted to renewable energy sources, but it wasn’t just that speaker who explained why. From international reports on global warming to new technologies that make renewables more cost effective to unfavorable attitudes toward coal, speakers gave reasons why wind, solar, biofuels, biomass, hydropower and other new sources of energy are gaining ground.

Shale drilling “rocks”: Any of the speakers who addressed energy, petroleum or related products mentioned the changes in this country that are occurring because of shale drilling both here and in Canada. Gas prices remain low; drilling has increased; more drilling is occurring on-shore; new technologies are increasing outputs; new shale sources are being discovered. All of these shale drilling developments mean less reliance by North America on foreign sources of fuel.

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