Industry News

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.”...

Innovation, the Future Trend for Pneumatic Control Valve

Pneumatic control valve plays a vital role in automatic control system of modern factory. The competition is quite intense in pneumatic valve industry in China. The future development trend of pneumatic control vale is emphasis concerned by enterprises and customers. At present, pneumatic control v...

Releasing Petroleum Export Ban Boosts the U.S. Economy

It is reported that the government receipts will be increased by 1 trillion USD in 2030, prices of fuel being stabilized and raises 300 thousand jobs annually, if the Congress releases petroleum export ban which has been carried out for more than 40 years.   It is estimated that the price...

Iran Has Become the Third Largest Oil Supplier for China

Import volume of oil from Iran to China increases significantly. Iran has already become one of the most important oil suppliers for China. What’s more, China also becomes the largest trade partner for Iran officially since 2009 when exceeded EU and the leading investments supplier, which fi...

Import and Export of Valve Products in 2015

According to statistics, the growth rate of import and export of valve products in China were respectively increased at rate of 15.5%, 20.5%, 25.5% and 34.5% in the 4 seasons of 2015, showing the trend of steady growth.   It was explained that although suffering from international financi...