Last updateMon, 08 Mar 2021 4pm

Report Says Refinery Fire Caused by Leak

The U.S. Chemical Safety Board found Valero Energy Corp., which operates the McKee Refinery, didn't have an effective program to identify and protect from freezing pipelines and equipment that were out of service or infrequently used. It also found the refinery didn't apply company policies on emergency isolation valves to control fires.

Source: Associated Press

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Emerson Acquires TopWorx

Emerson announced that they've acquired TopWorx. Terms of the deal were not disclosed. TopWorx becomes part of Emerson Process Management, expanding Emerson's valve instrument offering and extending the reach of Emerson's PlantWeb digital plant architecture to on/off valves and other instruments.

Source: Emerson

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Parker Breaks Ground on New European Headquarters in Switzerland

Parker Hannifin Corporation held a groundbreaking ceremony as the first step in the construction of its new European headquarters in Etoy in the Canton of Vaud, Switzerland, located approximately 25 miles northeast of Geneva.

The planned 57,000 sq. ft. building will house up to 150 people over the next three to five years. 

Source: Parker Hannifin

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Industrial Controls Merges with Climatic Control Company

Industrial Controls Distributors LLC, the leading distributor of HVAC controls, process instrumentation and industrial automated valves in the Eastern United States, is pleased to announce its merger with Climatic Control Company, headquartered in Milwaukee, WI. Climatic also operates four successful branches in Green Bay, Wausau and Madison WI, and in Rockford IL.

Source: Industrial Controls

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Surging Demand for Valves and Actuators

Surging demand from various process industries, government regulations on emission control and the spiralling need for resources like water and power will support steady, long-term growth in the world valves and actuators market.

The rising demand for resources, globally, will fuel market expansion even as investments in growing economies like China and India positively impact market prospects.

Source: Engineer Live

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