Industry News

New Opportunities for Stainless Steel Valves

Market survey report shows that quality, quantity and market share of stainless steel valves had been highly improved in 2013, for the deepen economic reform. The market of stainless steel valve has bright future.   Stainless steel valve have become necessity in our daily production, espe...

IEA: EU Has High Dependence on Russian Gas

On Monday (August 25), for tense relationship between Russia and Ukraine, Maria Van der Hoeven, the Chief Executive of IEA claimed that EU still has high dependence on Russian gas in the short term and it needs more time to realize the diversification of energy supply.   Van der Hoeven poin...

China'Valves Industry Focuses on Technical Innovation

In recent years, China's valve industry has good standard, stable price and good prospect of market for developing. To respond national appeal, energy conservation has become principle and objective in developing valve industry. China's valve industry has two development directions. One is...

Japan Sets Foot in Gas Fields in Mozambique

It is reported that the Ministry of Economy of Japan will provide resource assistance development to Mozambique, an African country that discovered world-class scale gas fields. The two governments reached an agreement on July 31.   To ensure that Japanese enterprises can also participate i...

Demands for Valves in Developing Countries Growing Highly

Insiders claim that the next few years will be a great shock for valves industry. The shock will expand the trend of polarization in valves’ brand. It is predict that in the next few years, there will be less valves manufacturers existing. However, the shock will bring more opportunities. Th...

EU Will Supply Gas to Ukraine through Gas Pipe Vojany

It is reported that a gas pipe Vojany will be fully operational in September to transmit gas from EU to Ukraine.   Thomas Marecek, the chairman of Eustrem showed that gas pipe Vojany originated from Slovakia was planned to supply 10 billion cubic meters gas to Ukraine annually before 2019. ...

Chinese Oil Demands Grew Greatly in September

On October 27, the newest analysis of Platts showed that Chinese oil demands increased to the second highest level in September. The growth rate was the highest record in 15 months. In September, Chinese oil demands were 42.34 million tons (10.35 million barrels per day), growing by 7.4%, compared...

China Valve Industry Has Poor Technical Force

Various problems are existing in China valve industry. The main reason is that after Reform and Opening Up, the market expanded in haste while original state-owned valve corporations were closed or transferred in succession, having low mechanical industrial level. So, township enterprises or private...

Chinese Economy Slowing Down Contains Gas Demand

Growth rate of Chinese gas demand in 2014 may decrease to the lowest level in three years. And it will continue falling in the next year. Due to Chinese economy slowing down and demoded raising price, gas demand will be far lower than anticipation.   The slowing growth rate means that deman...

Transition of Valve Products in China

Valve products manufacturing has a broad future. Particularly, driven by urban construction, industrial development, technical innovation and globalization, valve industry in China will also develop into internationalization, high-end and modernization in the future. That is also development direc...