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Last updateWed, 18 Jan 2017 7pm

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Industry Headlines

CIRCOR Announces Availability of Historical Segment Information

11 HOURS AGO

CIRCOR International announced the availability of certain historical segment information reflecting its previously announced organizational realignment beginning in the fourth quarter of 2016.

The new “Energy” segment, including the recent acquisition of Critical Flow Solutions, will prima...

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Curtiss-Wright, Clarke Industrial Engineering Sign Licensing Agreement

11 HOURS AGO

Clarke Industrial Engineering has entered into a licensing agreement with Curtiss-Wright Corporation, whereby Clarke’s patented and proprietary Shutter Valve technology will be exclusively available to Curtiss-Wright for the worldwide naval defense market, the U.S. maritime homeland security mar...

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New Investments Spur Permian Oil Production Increase

16 HOURS AGO

The Department of Energy (DOE) said on Tuesday that oil production in the Permian Basin could increase by 53,000 bpd by next month. According to the Energy Information Administration (EIA), that is the largest monthly increase in the region in a year.

“The EIA’s first shale oil forecast o...

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Why is Oil & Gas Slow to Adopt Cloud Technology?

1 DAY AGO

“There are endless benefits to implementing a cloud-based system, many of which center around less waste and less hassle, but due to operational characteristics, oil & gas companies stand to benefit more than most.”

“Yet, while being among the sectors that stand to gain most fro...

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Industrial Production Sees Largest Rise in More Than Two Years

16 HOURS AGO

Industrial production rose 0.8% in December, the largest increase since November 2014, after falling 0.7% the previous month. For the fourth quarter as a whole, the index slipped 0.6% at an annual rate.

Manufacturing output moved up 0.2% in December, as an increase in durable manufacturing outweighed d...

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IMF Raises U.S. Economic Growth Forecast

1 DAY AGO

After a lackluster outturn in 2016, economic activity is projected to pick up pace in 2017 and 2018, especially in emerging market and developing economies. However, the International Monetary Fund (IMF) noted in its new World Economic Outlook, there is a wide dispersion of possible outcomes around ...

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Metso’s New Cost-Efficient Valve Design

metso v-port segment valveMetso has strengthened its product offering with the addition of a new valve design derived from our traditional V-port segment valve series. The new two-way-tight, single-seat design is suitable for a wide range of applications and is available for R-series valves. The optional two-way-tight feature covers the size range from DN25 up to DN700 (1” up to 28”) in all available pressure classes.

With the V-port segment valve series, you're able to improve process performance and reduce variability in control applications. However, there are a lot of applications where two-way-tight, on-off type performance is required. The customer benefit of the new V-port segment valve design is that it offers the possibility of combining control and on/off performance in a single valve assembly. The standard bi-directional shut-off classifications of the V-port segment valves are according to 10x ISO Rate D / FCI 70.2 Class IV; optional improved tightness classes are ISO Rate D / FCI 70.2 Class V @ dp 20 bar.

For more information, visit www.metso.com

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