Industry News

People's Mediation Commission Established

Currently, Qingtian county justice bureau has agreed to establish Valve Industry Association People's Mediation Commission in Qingtian which has become the 11th professional commission.   Valve industry is conventional competitive industry in Qingtian, which has been developing for mo...

Oil Demands Decline Indicates Global Economic Growth Slow

Energy Aspects, a consulting company in London claims that the substantial decline of oil demands is a leading indicator that global economic growth slows down. The new GDP published by Europe and Japan also proves that.   For the weak demands of European and Asian oil refineries and the fa...

An Exclusive Range of Non Return Valves Announced

Philamc, a professional manufacturer providing some of the best valves, now announces an exclusive range of non return valves. The non return valves are designed to allow the fluids to flow in one direction. These valves are equipped to work over a wide range of operational pressures. The non retu...

China-Burma Gas Pipe Has Operated Safely for One Year

It is reported that China-Burma gas pipe has operated safely for one year by July 27. Accumulative total of gas having been transmitted to China from the west coast of Burma is 1.87 billion cubic meters. Otherwise, the pipe distributes 60 million cubic meters of gas to Burma, providing new power t...

IEA Warns about the Security of Future Oil Supply

IEA has declared that over the next 20 years, the global energy demand will increase rapidly, however, the energy supply around the world may not be sufficient enough to meet goals of climate change. It is due to continuous turbulence in the Middle East and unresolved conflict between Russia and U...

China Helps Turkmenistan Improve Output of Gas

With the help of huge investments and equipments from China, Turkmenistan plans to improve output of gas substantially and export 65 billion cubic meters to China annually before 2020.   It is reported that proven gas reserves are 17.5 billion cubic meters in Turkmenistan, ranking at the fo...

Construction Cost of South Stream Gas Pipe Rising

On October 10, Gazprom expressed that since June when concerned countries put off South Stream gas pipe from Russia to Europe, the construction of South Stream gas pipe had risen from 16 billion euro to 23.5 billion euro.   EU took above measures under the circumstance that crisis in the ea...

Research Direction of Chinese Valve Industry

Influenced by economic, adjustment of global valve manufacturing makes industrial gravity centre, technology and investment of world top brands be transferred to China. Modern life style and sport concept advocating relaxation and nature promote consumer demands on Chinese valve market to grow hig...

Russia Preventing EU from Exporting Russian Gas to Ukraine

Moscow is seeking for prevent EU from exporting Russian gas to Ukraine. It threatens to cut off all of lifelines of Kiev which may intensify Ukrainian energy crisis in this winter.   When Moscow gives out threat, officials of EU are preparing new sanctions on Rosneft, Gazprom Neft and Trans...

Control Valve Market Enhancing Digitization

Oil price fell again, causing negative effects on control valve market while China was stimulating domestic consumption to relieve descending range of control valve. With technology developing, control valve should not be limited on control function. It should develop to diversification, exploitin...