News

Power of Siberia Gas Pipe Will Begin in August

It is reported that Power of Siberia gas pipe will begin to be built in August to supply gas to China.   Gas being supplied to China will be exploited at Chayandinskoye gas field in the eastern Siberia. Currently, equipment installation is being prepared busily in gas fields. Protocol of de...

Russia Failed to Reach Gas Supply Contract with Ukraine

Russia failed to reach a gas supply contract for restarting to transmit gas to Ukraine in the coming winter, when Russian officials met with Ukrainian officials in Brussels on Tuesday.   Focuses of dispute include: how much Ukraine should pay to Russia for gas having been consumed, when Ukr...

Internet of Things & Big Data Promoting Intelligent Valve

With the age of internet of things and big data, amounts of entrepreneurial opportunities are brought to intelligent hardware in traditional manufacturing industry. Meanwhile, experts also show their optimism for mobile internet and intelligence. Good prospect of capitals must promote intelligent ...

Credit Risk for China Valve Industry, 2014

Valve is a device that connects or cuts off medium in pipelines and regulates flow. It is key components in petroleum, chemical, power station, pipelines, nuclear industry, etc. China has the most valve manufacturers in the world. The number is about 6,000. In recent years, China valve industry ha...

Korea Imported Oil from The U.S.

Before dawn on September 11, a cargo ship loading 4 hundred thousand barrels of American gas condensate will arrive at Port of YOSU in Jeollanam-do, Korea. Korean oil industry is very concerned about that. It is the first time for 41 years that Korea imports oil from the U.S. Korea may get rid of ...

Valve Has Wide Market Space in Sewage Treatment

With China carrying out energy conservation and emission reduction strategy and developing strategic emerging industry, construction scale and service of sewage treatment will be expanded further. Construction market and operation market of sewage treatment will enter into a period of high-speed d...

South Stream Gas Pipe Will Not Be Abolished

It is reported that in recent days, Gerhard Reus, the CEO of OMV states that South Stream gas pipe in contemplation will not be abolished although the western and Russia confront each other because of the crisis in Ukraine.   The CEO said, “The gas pipe is a program which will last fo...

Ball Valves Have a Good Prospect in Oil & Gas Industry

Ball valves have a good prospect in oil and gas industry, which has close relationship with concentration on energy around the world. According to analysis of Energy Information Administration, global energy consumption will rise to a high index. In the next 10~15 years, global energy consumption ...

Industrial Surplus World Launches New Valve Division

Industrial Surplus World (ISW) launches a new Valve Division in the United States at their new warehouse located in Houston, Texas. As ISW expanding rapidly, relief valves have quickly become the leading product item. For that, ISW has invested significantly into its company to create a Valve Divi...

Usage of Valve Standards in China

Valve products have been widely applied in petroleum, chemical engineering, nuclear power, metallurgy, electric power, hydraulic power, large coal chemical industry and other industries. Total quantity of valve products is constantly growing. Valve technology is developing and application of valve i...