Subject:  Valves Market News for November ‘06

Here are the headlines for the month of November ‘06 in the Updates to Valves.  The updates reflect only some of the new additions.  The analysis and revenues are constantly revised.  For more information, click on: Valves: World Markets http://www.mcilvainecompany.com/brochures/water.html#n028

VALVE MARKET
UPDATE
NOVEMBER 2006

TABLE OF CONTENTS

MARKET

• Valves for FGD Applications

ACQUISITION

• Oerlikon Offers to Buy Sauer AG

NEW HEADQUARTERS

• Schlumberger Move Corporate Headquarters to Houston from New York

NEW PLANT

• Larsen & Toubro to Build New Factory in China

FACTORY EXPANSION

• Dynamic Fluid Control to Upgrade Four Factories
• Danfoss Industries Plans Major Indian Expansion

FINANCIALS

• Baker Hughes’ Sales Up 29 Percent for Third Quarter
• SPX Revenues Up 10 Percent in Third Quarter
• Robbins & Myers Reports Fourth Quarter and Year 2006 Results
• Tyco’s Third Quarter Sales Grow 7 Percent
• Emerson Sales Top $20 Billion for 2006 Year
• Kitz Sales Increase 40 Percent in First Half of 2007
• Cameron Third Quarter Sales Up

PEOPLE

• SPX COO Leaving
• DFT Appoints Arie Bregman as General Manager
• Bill Henwood Named Target Rock Sales Manager
• Cameron Elects Jack Moore as President & COO
• Bill Meeks to be Sales manager Americas for Severn Glocon

PROJECTS

• Cameron and BP Sign Ten-Year Subsea Systems Agreement
• Rotork Actuators in United Arab Emirate Pipeline

NEW PRODUCT

• Emerson Introduces New Globe Style control Valve
• A-T Controls Brings Out Stainless Steel Ball Valve and Actuator
• Hobonim Valves Brings Out New Impact Spring Assist
• Tomoe Valve Extends G Series Pneumatic Actuator Range
• Apollo Introduces New Three Piece Ball Valve

LNG PROJECTS

Many projects are detailed in monthly updates to this report under Industry Analysis in the LNG Chapter.

OIL & GAS

Many projects are detailed in monthly updates to this report under Industry Analysis in the Oil and Gas Chapter.

POWER

REFINERIES

Many projects are detailed in monthly updates to this report under Industry Analysis in the Refineries Chapter.

SEMICONDUCTOR, FLAT PANEL, DISK DRIVE AND OTHER ELECTRONICS

WORLD WATER AND WASTEWATER DESALINATION

Municipal: U.S.

Interior Secretary Kempthorne, Colorado River Water Users Discuss Drought Management

Municipal: Overseas

Govt gives $18 million for Miriam Vale Shire desal plant

Government denies $400 million water plant plan shelved

Desalination plant approved for Kurnell

China turns to salt water to ease drought

Karunanidhi seeks full compensation for establishing zero discharge manufacturing

Libya Seeks U.S. Technology and Partnerships in Energy and Environmental Sectors

New Technology

Today’s Seawater is Tomorrow’s Drinking Water: UCLA Engineers Develop Nanotech Water Desal Membrane

Wave-powered 'ducks' could purify seawater

Business News

ITT Reports Third Quarter 2006 Results

Metito emphasize the importance of private sector involvement to alleviate the rising water shortage in the Middle East region

Present And Future Issues In Water Research Addressed At AWWA’s Water Quality Technology Conference

GE Infrastructure gets $6.5mln Tata Chemicals deal

Gulf-Japanese consortium chosen for Saudi project

New IBM business unit to focus on green tech

Hyflux Q3 profit down due to lower sales, higher development expenses

U.S. MUNICIPAL WASTEWATER PROJECTS

For more information on all McIlvaine services, click on:  www.mcilvainecompany.com or call us at: 847-784-0012.

Bob McIlvaine

rmcilvaine@mcilvainecompany.com