MRC Global reports $3.4B in 2022 sales, record adjusted profit
MRC Global reported a 26% increase in sales last year and said its adjusted gross profit set a new record. The Houston distributor of pipe, valves and fittings …
Valve Industry
PJ Valves, 2022 was a record year
PJ Valves announced a record year in 2022 saw the business secure multiple orders across nine FPSO projects in 2022 across Brazil, Guyana, Angola, Australia, …
Flowserve to acquire Velan in an all-cash transaction valued at approximately $245 million
Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, and Velan, a leading manufacturer of …
Emerson BM6X series slam-shut valve certified for use in hydrogen applications
Emerson announced that approval by Bureau Veritas Italia of its BM6X Series Slam-Shut valve for use in applications with up to 100% hydrogen and pressures up …
Valbia has been certified DNV GL type approval
On 20 January 2023, Valbia, a company belonging to the Bonomi Group, obtained the DNV GL type approval for all pneumatic actuator series produced, 100% made in …
Laura Dorfer to become the new managing director of the VDMA Valves Association
Dr. Laura Dorfer will take over as Managing Director of the VDMA Valves Association at the beginning of April 2023. She will succeed Wolfgang Burchard, who is …
Trillium Flow Technologies acquires Coulter Valve Service
Trillium Flow Technologies announced the acquisition of Coulter Valve Service (CVS), a specialty valve field services provider. CVS specializes in on-site …
Pressbolt expands its position in the Mena region and signs up to Adnoc “Make it in the Emirates” program
Pressbolt Middle East – part of the Italian Pressbolt group – has signed a framework pricing agreement with Adnoc to supply the latter a range of critical …
Motion & Control Enterprises acquires Precision Pump & Valve
On February 1, Pennsylvania-based industrial distributor Motion & Control Enterprises (MCE) announced its acquisition of Precision Pump & Valve (PPV). …
Vexve Armatury Group strengthens its position with the acquisition of Armatury Group GmbH
Vexve Armatury Group has acquired Armatury Group GmbH, which until now distributed Armatury Group’s valves for the energy, gas and metallurgy segments in …