Industrial Valve Revenues Will Reach $68 Billion This Year
Industrial valve sales will be $68.4 billion in 2015 according to the latest
forecasts in N028 Industrial Valves: World Market published by the McIlvaine
Company. (www.mcilvainecompany.com)
The McIlvaine forecasts are displayed in constant 2010 dollars. The forecast for
2015 is $58 billion with a 1.18 multiplier to account for inflation. McIlvaine
forecasts are based on end use. These are compared to analyses displayed at the
recent Industrial Valve Summit in Italy.
Country McIlvaine point-of-use revenues in 2015
$ millions Confindusria Bergamo estimates of exports $ millions
China 13,500 8,200
Italy 1,200 7,800
USA 11,900 7,500
Germany 2,100 6,500
Japan 3,200 2,700
These figures show that some of the EU countries are major exporters of valves
with Italy being the leader. China and the U.S. are large exporters but even
larger consumers. Robert McIlvaine, president of the McIlviane Company
participated in a global sourcing panel discussion along with representatives of
several of the major oil companies. The main message in the McIlvaine
presentation is that exporters can enhance their position by providing total
solutions. He used the example of Pentair which provides valve systems to
deliver compressed air in a unique manner to maximize cleaning of filter
elements.
The company has the engineering expertise to deliver complete pulse jet cleaning
solutions and takes responsibility for valve sizing and configurations. This
total solutions approach provides maximum value to the purchaser and also
increases the revenues and profits of the supplier. Several of the other
panelists and attendees expressed similar opinions relative to total solutions.
The key to success is understanding the processes. This has not been a
traditional skill of valve companies but is one which they would be well served
to pursue. For those companies who want to carve out an international presence,
the knowledge and products to uniquely make the process better are very good
ways to increase penetration throughout the world.
A major theme at the Industrial Valve Summit was the loss of knowledge as many
of the experts within the consulting companies and end users are retiring. This
makes the process knowledge even more important. McIlvaine has decision programs
to provide this process and product knowledge. One is for coal-fired power
plants and the other for gas turbine combined cycle power plants.
The conference included a number of unique and invaluable papers. They can be
purchased from the conference organizers for $325. Contact:
http://www.industrialvalvesummit.com/
For more information on the valve market, click on: N028 Industrial Valves:
World Market
For the program with process knowledge on valves for coal-fired power plants,
click on: 44I Power Plant Air Quality Decisions
For the similar program on gas turbine combined cycle plants, click on: Gas
Turbine and Combined Cycle Decisions
Headlines for Utility E-Alert –May 29, 2015
UTILITY E-ALERT
#1225 – May 29, 2015
Table of Contents
COAL – US
Texas Groups allege Exemptions from Particulate Limits during Startup, etc.
COAL – WORLD
Beijing to ban New Coal-fired Power Plants in City
GAS/OIL – US
PJM evaluates Expansion of Gas-fired Zion Energy Center in Illinois
Opponents of South Huntingdon Gas-fired Power Plant fight Approval
City of Hermosa Beach continues Opposition of New AES Gas-fired Power Plant
Carlsbad Energy Center Power Purchase Agreement approved
Mitsubishi Hitachi Power Systems Americas Receives Order for 3 M501J Gas
Turbines from VEPCO
GAS/OIL – WORLD
MoU between Marubeni and Myanmar Ministry of Electric Power
Mitsubishi Corp. and Tokyo Electric Power Co (Tepco) awarded Contract to build
a $2.5 Billion Gas-fired Power Plant in Qatar
Mitsui & Co. to build 445 MW Salalah Power Project
Mitsubishi to supply Turbines for 950 MW Pyeongtaek Power Plant in South Korea
Open Cycle Gas-fired Power Plants to supply 1,000 MW in South Africa
GE supplies First 9HA Gas Turbine for Bouchain, France Project
NUCLEAR
Velan Inc. lands $34 Million Valve Contract in China
TETRA Radio System used in Chinese Nuclear Power Plant for First Time
NRC Staff Official delegated to approve Watts Bar 2 Operating License
EDF offers Areva $2 Billion Offer for Nuclear Reactor Unit
Austria will sue over EU Nuclear Power Subsidies
BUSINESS
Wisconsin Regulators formally approve We Energies-Integrys Merger
Market for Mercury Reduction Expanding beyond the US
How to Make Coal-fired Power Plants Greener
HOT TOPIC HOUR
“GTCC Valves” is the Hot Topic Hour on June 4, 2015 at 10 a.m. CDT
Upcoming Hot Topic Hours
For more information on the Utility Tracking System, click on:
http://home.mcilvainecompany.com/index.php/databases/2-uncategorised/89-42ei
McIlvaine Hot Topic Hour Registration
On Thursdays at 10:00 a.m. Central time, McIlvaine hosts a 90 minute web meeting
on important energy and pollution control subjects. These Webinars are free of
charge to owner/operators of the plants. They are also free to McIlvaine
Subscribers of Power Plant Air Quality Decisions and Utility Tracking System.
The cost for others is $300.00 per webinar.
See below for information on upcoming Hot Topic Hours. We welcome your input
relative to suggested additions.
DATE SUBJECT DESCRIPTION
June 18, 2015 SO3 Removal Options More Information
July 2, 2015 Hot Gas Filtration More Information
June 23, 2015 Mercury Removal Options More Information
Click here for the Subscriber and Power Plant or Cement Plant Owner/Operator
Registration Form
Click here for the Non-Subscribers Registration Form
----------
You can register for our free McIlvaine Newsletters at:
http://home.mcilvainecompany.com/index.php?option=com_rsform&formId=5
Bob McIlvaine
President
847-784-0012 ext 112
rmcilvaine@mcilvainecompany.com
www.mcilvainecompany.com