Industry News

Energy Demand Will Promote Industrial Valve Market

Valve is one of the key equipments in fluid control system. At present, the main applications of valve include petroleum and gas, power, chemical engineering, water supply and sewage treatment, paper making and metallurgy. Among that, oil & gas, power and chemical industry are the most importa...

Canadian Government Approved Northern Gateway Oil Pipeline

On June 17th, Canadian government approved to build a new oil pipeline named as Northern Gateway from oil fields in northwest of Canada to Canadian coast in order to export oil to countries in Asian-pacific areas, mainly to China.   Currently, ally of oil exploited in Canada are supplied to...

China's Valve Industry Abandons Price War

In recent years, China's industry has been booming. China's valve industry also develops at a high speed. However, China's valve industry are always focusing on price war which causes China's valve products still locating at the low-end of international valve market. For this,...

Slovakia Launched a Pipe to Supply Gas to Ukraine

On Tuesday, Slovakia announced to launch a pipe to supply gas to Ukraine from EU. It is an important step that EU provides support to Ukraine for the upgrading disputes with Russia.   Reverse gas supply means that EU will supply gas to the eastern of Europe, as one of the responses for Gazp...

China Valve Industry Facing With Problems

Influenced by economic crisis, due structural adjustment of global valve manufacturing, industrial gravity centre, technology and investment of top brands transfer to China. Modern life style, pursuit leisure natural sport conception promotes consumer demands on Chinese valve market to grow fast. ...

CII valves And Actuators Division AGM Held in Delhi

On 02nd May 2014, the Confederation of India Industry's (CII) valves and actuators division's annual general meeting (AGM) was held in Delhi. The succeeding chairman of the division, Mr. I.S Malhotra of Pentair Valves was proposed by the current chairman, Mr. Arvind Goel Auma (I) Private L...

Gas Output in Russia Decreased by 1.7%

It was reported that the total gas output in Russia was 3.74688 hundred billion cubic meters from January to July, 2014, decreasing by 1.7%, compared with the same period of 2013, according to the data of the Russian Federation Ministry of Industry and Energy. Meanwhile, Russia exported 1.17 hundr...

Valve Manufacturers Realizing Global Integration Operation

For The Belt and Road Initiative boosting, valve manufacturers in China will become forerunner, pusher and beneficiary accompanying with state-owned enterprises walking out. During the process, monetary policy, drawback and customs clearance should be designed and arranged specifically. The Bely a...

Global Demands for Gas Will be Increased Annually By 2.2%

Interim report of annual gas market published by IEA shows that global demands for gas are estimated to be increased annually by 2.2% by the end of 2019.   LNG (liquefied natural gas) can meet most of demands for gas. New-built gas pipeline can also play an import role in meeting the demand...

China Will Become the Largest Oil Consumer

According to the information of IEA, China will become the largest oil consumer in the next 20 years, instead of the U.S.   “In the early of the 2030’s , China will take place of the U.S., becoming the largest oil consumer in the world. And that will be a historic moment.”...