Industry News

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...

China Valve Foundry Industry Showing Disadvantages

As one of national industries, China valve foundry industry has obvious development in recent years. Although disturbances exist during developing, valve foundry industry is stable and rising, having become one of the highly developing machinery.   Valve is the base of foundry industry or...

Utex Launched of New Frac Valve Product Line

The Frac Valve product line had been launched by Utex Industries on May 1. Utex's new Frac Valve product line contained general service valves and seats. The development and internal testing of the new frac valve product line have proven to outperform existing products in the market from a lon...

Russian Oil Export to Asia Reaching a New High Level

For the deteriorating relationship with the Western deteriorating, Russian energy industry is treating Asia as its new axis of business. Russian oil export to the region has already reached a new high level in history. Many analysts also predict that Russia will promote part of Asian energy enterp...

New Technologies Promoting Valve Products to Update

For information technology highly development, informatization and intelligence are constantly changing social life. As terminal actuator controlling fluids in pipe, if implanted with computing technology, sensor technology, remote control technology and intellectual technology, valves will be att...

Valve Manufacturers Should Enhance Innovation in China

Currently, valve manufacturers are lack of innovation in China, impeding the development of valve industry. Nowadays, many valve manufacturers innovate less after introducing advanced technology. When overseas clients visit China’s heavy industry projects such as power and petroleum, they fi...

Joint Russia and Venezuela Deal with Oil Price Decline

"Deutsche Welle" reported on November 19th , that Russian Energy Minister Novak revealed in Moscow that he had held a meeting with Venezuelan Foreign Minister Rafael Ramirez dealing with the continued falling of oil prices, and agreed to take "joint action" to confront with the...

War in China's Valve Industry May Upgrade

As a giant industry group, valve industry plays a key role in national economic construction. Currently, low-end valve products have realized nationalization. High-end valve products are taking place of imported products gradually, pushing China's valve industry into to international competiti...