Detailed Coverage of Gas Turbine Valves in New End User and Supplier Programs
McIlvaine has a new decision system for gas turbine end users to help them make valve decisions for air, fuel, fogging water, boiler feedwater and water treatment. . A program for suppliers provides direct interface with end users plus detailed project information.
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The Industrial Valve World Markets report is also providing more detailed market forecasts by valve type e.g. butterfly vs. ball and by mode of operation control vs. on/off.
The market for these systems is expanding at double-digit rates in the U.S. and the Middle East. In addition to the power industry, there is a growing market for industrial applications.
For more information on:
Gas Turbine and Combined Cycle Supplier Program, click on:
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Industrial Valves World Markets, click on:
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Gas Turbine Operators Will Spend $1 Billion for Valves This Year
The market for valves in gas turbine and combined cycle power plants will exceed $1 billion this year. This is the conclusion by the McIlvaine Company in Gas Turbine and Combined Cycle Supplier Program. (
www.mcilvainecompany.com)The total market for valves in the power industry will be $7.5 billion in 2014. This forecast appears in Industrial Valves World Markets also published by the McIlvaine Company. Gas turbines presently represent 13 percent of the power valve market, but this market share will increase.
Gas Turbine Combined Cycle Power Plant Valve Revenues $ 2014
Gas turbine systems utilize valves in a number of processes. They include:
1. Intake water
2. Boiler feedwater
3. Cooling tower recycle
4. Fogging nozzle flow
5. Wastewater from the cooling tower and balance of plant
6. Primary and secondary fuel control
7. Steam cycle control and safety
8. Ammonia injection for NOx control
9. Lubrication of rotating parts
10. Tempering air for simple cycle power plants
11. Compressed air for pulsing cartridges on air intake as well as other compressed air applications
The environmental constraints imposed on power plant operators in the U.S. coupled with the low cost of natural gas, will result in gas turbine valve expenditures of $225 million this year. The Middle East and several other regional markets are surging.
There are some problems requiring replacement and repair which are contributing to the $400 million replacement market this year. Stellite delamination of steam valves has been one of the problems requiring correction and investment. Other problems deal with the need of faster and more frequent startup and shutdown to compement the intermittent energy supplied by renewable energy sources.
For more information on:
Gas Turbine and Combined Cycle Supplier Program, click on:
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CHEMICAL UPDATE
DECEMBER 2013
TABLE OF CONTENTS
INDUSTRY
U.S. Chemicals Exports to Increase from Shale Gas Advantage
Shale Gas Makes U.S. Among Cheapest Places for Plastics Manufacturing
Brazil Ramps Up Fertilizer Production Amid Growing Agricultural Demand
COMPANY NEWS
Honeywell to Invest $300 Million to Build New Refrigerant Plant
Formosa Plastics Group Plans $2 Billion Expansion of Texas Operations
Norway’s Yara and BASF Plan Investment in U.S. Ammonia Plant
Solvay Divests PVC and Compounding Businesses
Kumho Petro Produces Carbon Nanotubes
For more information on: Industrial Valves World Markets, click on:
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GDP UPDATE
January 2014
TABLE OF CONTENTS
AMERICAS
United States
Mexico
ASIA
China
India
Malaysia
Philippines
Singapore
South Korea
Taiwan
EUROPE / AFRICA / MIDDLE EAST
Kuwait
Serbia
Economists have revised their fourth quarter GDP estimates after receiving the news that the U.S. trade deficit has shrunk to its lowest level since October 2009.
Oil imports fell 1.9%, helping the deficit shrink to $34.3 billion (economists were looking for the deficit to come in at $40 billion).
Now some of Wall Street's top analysts are revising their fourth quarter GDP predictions on the news…….remaining text not included.
Mexico is starting 2014 with renewed energies. After a messy year, in which Mexicans saw their GDP grow by quarters but still fail to reach the expected annual rate, President Enrique Peña Nieto’s administration is envisioning a much better outcome for this year……remaining text not included.
China's economy, the world's second largest, may have grown around 7.6% in 2013, its weakest growth since 1999, with latest economic figures indicating sluggish economic activities in the last quarter.
China's latest economic figures, especially the purchasing managers' index (PMI) in both factory activity and the services sector, indicated sagging momentum in December, with the country's growth softening slightly last quarter, economists said……remaining text not included.
Encouraged by a spurt in investment activities in the latter half of the fiscal year, Economic Affairs Secretary Arvind Mayaram has said 2013-14 is likely to end with an economic growth of about 5%.
"These are some of the numbers we are looking at, at the moment ... new investment projects have risen to 4.9% of GDP in the October-December quarter from 3.6% in the previous quarter, which means investments are now beginning to take place," he told PTI in an in an interview. ………remaining text not included.
Decreasing purchasing power in Malaysia, particularly among middle-class households, could pull down the nation's private consumption growth in 2014 potentially impacting GDP growth in Southeast Asia's third-largest economy….the remaining text is not included.
First Metro Investment Corp., the investment banking arm of the Metrobank Group, sees the economy expanding 7% to 7.5% this year, buoyed by increased public and private spending and rehabilitation efforts in calamity-affected areas.
First Metro chairman Francisco Sebastian said in a news briefing in Makati City that while 2013 was marked by destructive calamities and uncertainties in the global markets, it was the year when the Philippines achieved investment-grade status from three international credit rating agencies…..the remaining text is not included.
According to Standard Chartered, based on advance estimates, Q4 GDP grew 4.4% y/y, down slightly from 5.9% in Q3. The performance was slightly weaker than expected…..the remaining text is not included.
South Korea trimmed its growth forecast for next year while maintaining the economy will likely continue to pick up with fiscal spending at home and an international recovery.
The 2014 growth forecast was lowered to 3.9% from a June projection of 4.0%, the Ministry of Strategy and Finance said in a biannual economic outlook…..the remaining text is not included.
Principal government officials expressed their confidence that Taiwan's 2014 gross domestic product (GDP) will grow 3% in 2014, given that the global economy started to bottom out in late 2013.
The Legislative Yuan's Finance Committee reviewed amendments to the Law of Business Tax on Banks and Financial Institutions, while Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung and Minister of Finance Chang Sheng-ford responded to questions at the Legislative Yuan….the remaining text is not included.
Kuwait's non-oil GDP is expected to grow at 4.5% in 2014 and 2015 compared to last year's 4% mainly on the back of high oil prices, large fiscal and trade surpluses and government’s vast financial reserve, said a report.
However, overall GDP will decrease by 0.6% in 2014 due to a projected fall in oil production, before rising by 3.1% in 2015, stated National Bank of Kuwait (NBK) in its report.
According to NBK, the soaring oil prices, large fiscal and trade surpluses, and the government’s vast financial reserves continue to provide a positive near-term backdrop for the Kuwaiti economy, it stated………………the remaining text is not included.
A complete analysis of GDP and Monthly Updates for individual countries are included as part of
Industrial Valve World Market report.
For more information on: Industrial Valves World Markets, click on:
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OIL & GAS SALES LEADS
January 6, 2014
(Listed by most current date)
Smaller Oilsands Firms Investors Seek Better Returns in U.S. Shale Plays (Article Dated: 1/6/2014)
Keystone Opposition Expands Front in Oilsands Fight (Article Dated: 1/6/2014)
Upgrader Plants Giving Way to New Oil Sands Technologies (Article Dated: 1/6/2014)
Scale and Deposit Formation in Steam Assisted Gravity Drainage (SAGD) Facilities (Analysis Dated: 1/6/2014)
Foster Wheeler to Supply Steam Generating Systems for Alberta Upgrader (Contract Dated: 1/6/2014)
Imperial Oil Files for Regulatory Approval for New $7 Bln Oilsands Project (Project Dated: 1/6/2014)
Kinder Morgan Applies to Expand Trans Mountain Pipeline (Project Dated: 1/3/2014)
Shell Cancels U.S. Gas-to-Liquids Plant as Costs Rise (Project Cancelled Dated: 1/2/2014)
Sasol Awards Technip a Service Contract for Louisiana GTL Facility (Contract Dated: 1/2/2014)
Coal Seam Gas Expertise Supports Upstream Activities in Australia (Contract Dated: 1/2/2014)
Alfa Laval Wins Offshore Oil and Gas Order from South Korean Company (Order Dated: 1/2/2014)
California Issues Proposed Well Stimulation Requirements (Article Dated: 1/2/2014)
Honeywell to Automate Systems for Kuwait’s Al Zour Refinery (Project Dated: 1/2/2014)
China’s Guanghui Energy wll Invest $4 Bln in Coal-To-Gas Project (Project Dated: 1/2/2014)
Technology Helps Recycle Texas Fracking Flowback, Produced Water (Article Dated: 1/2/2014)
Samsung Engineering Signs $770 Mln Deal to Build Gas Terminal in Terengganu (Project Dated: 1/2/2014)
Omni Water and Dow Partner to Treat 245,000 Barrels of Frac Wastewater (Article Dated: 1/1/2014)
West Virginia Looks to Management of Fracking Water (Article Dated: 1/1/2014)
Water Recycling Minimal but Growing on Texas Oilfields (Analysis Dated: 1/1/2014)
Peregrine Midstream to Rebuild Wyoming's Ryckman Creek Gas Storage NRU (Project Dated: 12/31/2013)
DOE Awards $84 Mln for Eighteen Carbon-Capture Projects (Project Dated: 12/31/2013)
Alabama Rail Line Reopens after Crude-Oil Train Derailment (Article Dated: 12/31/2013)
CB&I Wins Saudi Arabia Storage Project at Grassroots Refinery (Project Dated: 12/31/2013)
Abu Dhabi's TAQA to Sell Dutch Pipeline Stake in $240 Mln Deal (Sale Dated: 12/31/2013)
ExxonMobil Granted Extension to Work on Shut Pegasus Oil Pipe That Ruptured in Arkansas (Article Dated: 12/31/2013)
NuStar Approves Phase II of South Texas Crude Pipeline Project (Project Dated: 12/31/2013)
Magellan Extends Arkansas Pipeline Open Season for the Third Time (Article Dated: 12/30/2013)
Russia's Transneft to Start New Pipeline Construction to Feed ESPO (Project Dated: 12/30/2013)
Canada Sets $90 Mln for Quebec Train Disaster Decontamination (Article Dated: 12/30/2013)
ONEOK Partners to Invest, Build Gas Plant and Expand Bakken NGL Pipeline in Williston Basin, Part 1 (Project Dated: 12/30/2013)
ONEOK Partners to Invest, Build Lonesome Creek Gas Plant and Expand NGL Pipeline in Williston Basin, Part 2 (Project Dated: 12/30/2013)
Williams Wins FERC OK for Transco Expansion (Project Dated: 12/30/2013)
China Considers Pipeline Reform to Boost Gas Supply (Analysis Dated: 12/30/2013)
Kurdish Oil May Be Flowing Through Turkish Pipeline within Weeks (Article Dated: 12/30/2013)
Sun-Canadian Restarts Pipeline in Ontario after September Diesel Spill (Article Dated: 12/30/2013)
House Backs Bill to Speed Natural Gas Pipelines (Article Dated: 12/30/2013)
SPX Awarded Contract to Provide Oil Production Pumps for EnQuest's Kraken Field in the North Sea (Contract Dated: 12/27/2013)
Cardon IV Awards Valerus Contract for Gas Conditioning and Condensate Stabilization Facility (Contract Dated: 12/27/2013)
AMEC Awarded Contract for GDF SUEZ E&P UK’s Cygnus Operated Field in North Sea (Contract Dated: 12/27/2013)
ConocoPhillips Announces Production Startup and First Gas from UK’s Jasmine Field (Article Dated: 12/27/2013)
Valerus Awarded EQT Corporation Contract to Provide Compression for Marcellus Shale Facilities (Contract Dated: 12/27/2013)
Foster Wheeler Wins Engineering and Procurement Contract for New Coker in Argentina (Contract Dated: 12/27/2013)
L.A. Turbine to Ship Turboexpander Unit to Russian Gas Plant (Project Dated: 12/27/2013)
Emera Completes Acquisition of New England Natural Gas Generating Facilities (Acquisition Dated: 12/27/2013)
Vallourec Provides Connection Devices for CLOV Offshore Angola Exploration Project (Project Dated: 12/26/2013)
Petrobras Signs LOI with Modec for FPSO in Santos Basin (Project Dated: 12/26/2013)
Intermoor Wins Hook-Up Contract with LLOG Delta House Production Semi-submersible (Contract Dated: 12/26/2013)
HII Technologies Announces Flow Back Equipment Purchase for Its Frac Water Management Subsidiary (Article Dated: 12/26/2013)
Enterprise Starts up Eighth Mont Belvieu Natural Gas Liquids Fractionator (Article Dated: 12/26/2013)
OriginOil's EWS Petro to Clean Frac Flowback Water at Monterey Formation via Frac-Back System (Article Dated: 12/26/2013)
Gazprom Neft Awards China’s ZPEC Drilling Contract (Contract Dated: 12/26/2013)
Petrofac Awarded $99 Mln Second Phase of Iraq Project (Project Dated: 12/23/2013)
Expro Wins $50 Mln Contract for Further Expansion into Saudi Arabia (Contract Dated: 12/20/2013)
Leighton Engineering Awarded New Contracts in Malaysia (Project Dated: 12/20/2013)
Foster Wheeler Awarded FEED for Khurais Program (Contract Dated: 12/20/2013)
Stork & Oryx Set up JV for Combined Technical Services Capabilities to Serve MENA Region (Alliance Dated: 12/20/2013)
Australia Announces $580 Mln New Investment in Offshore Exploration (Investment Dated: 12/20/2013)
SeaBird Exploration Awarded $16 Mln Seismic Contract in Asia Pacific (Contract Dated: 12/20/2013)
Dolphin Wins Several 3D Seismic Contracts (Article Dated: 12/20/2013)
Lamprell Delivers Caspian Sea Jackup Rig (Article Dated: 12/20/2013)
Far East Energy Provides Shouyang Block Frac and Pumping Operations Update (Update Dated: 12/19/2013)
Technip Will Perform Turnkey Contract for FMB Qatar Offshore Project (Project Dated: 12/19/2013)
Petrofac and Italy’s Bonatti Awarded an EPC Contract over $650 Mln in Algeria (Contract Dated: 12/19/2013)
Kinder Morgan, MarkWest JV Announce Open Season for NGLs Pipeline from Utica and Marcellus Shales (Project Dated: 12/19/2013)
Global Implications of Shale Development (Analysis Dated: 12/13/2013)
Technip, Subsea 7 JV Awarded $1.23 Bln Contracts for TEN Project Offshore Ghana (Contract Dated: 12/13/2013)
Dart Energy Says Britain Should Consider Shale Gas Development (Article Dated: 12/13/2013)
BP Commits $4 Mln with UT on Shale, Offshore Oil and Gas Technology Solutions (Investment Dated: 12/13/2013)
MarkWest Announces Completion of Antero Resources Agreements to Expand Sherwood Complex (Project Dated: 12/13/2013)
Crosstex’s Cajun-Sibon Pipeline Expansion to Connect LA Fractionation Facility to East TX Supply Lines (Project Dated: 12/13/2013)
France’s ‘Fracking’ Ban to Remain for the Foreseeable Future (Article Dated: 12/13/2013)
Canada Sets New Crude Oil Tests to Improve Rail Transport Safety (Article Dated: 12/12/2013)
Phillips 66 to Expand Midstream Business with Proposed Freeport LPG Export Terminal (Project Dated: 12/12/2013)
Texas Express Pipeline Begins Operations (Project Dated: 12/12/2013)
Richfield Oil & Gas Increases Production Potential with Addition of Two Submersible Pumps (Article Dated: 12/12/2013)
Solvay Extends Product Range in Oil and Gas Stimulation Market with New TOLCIDE 4FRAC (Article Dated: 12/12/2013)
Foster Wheeler Awarded Feed Contract for Master Gas System Expansion Project in Saudi Arabia (Contract Dated: 12/11/2013)
Baker Hughes Awarded Long-term Contract with PETRONAS Carigali (Contract Dated: 12/11/2013)
China’s Sinopec to Acquire $3.1 Billion Stake in Apache Egypt Assets (Acquisition Dated: 12/11/2013)
ConocoPhillips Announces Production Startup and First Oil from Ekofisk South (Project Dated: 12/11/2013)
Dresser-Rand's First Small-scale LNG Unit Successfully Produces LNG (Project Dated: 12/11/2013)
FortisBC Announces $400 Mln Delta LNG Plant Expansion to Power Transportation Sector (Project Dated: 12/10/2013)
Shell, GE to Invest in First U.S. LNG Fueling Stations for Cargo Ships (Investment Dated: 12/10/2013)
Mitsui Says Long-term LNG Contracts Basic Structure Linked to Oil Prices to "remain standard" (Article Dated: 12/10/2013)
Spectra Energy Signs Pipeline Services Contract for LNG Production inTexas and Louisiana (Contract Dated: 12/10/2013)
Keppel Shipyard, Golar LNG in Negotiations for a FSLV Conversion Project (Article Dated: 12/10/2013)
U.S. Shale Boom Causing Slowdown in LNG Industry (Article Dated: 12/10/2013)
Shell, GDF Suez to be Part of FLNG Terminal Project at Kakinada Deepwater Port (Project Dated: 12/9/2013)
FLNG Conference to Highlight Spending that will Reach $70 Bln by 2020 (Conference Dated: 12/6/2013)
Sinopec, Apache in Talks to Invest in Canada LNG Project (Project Dated: 12/6/2013)
Gazprom Projects First LNG Terminal for Kaliningrad Region in Late 2017 (Project Dated: 12/6/2013)
Chevron Drilling Planned Carbon Dioxide Injection Wells for Gorgon-Jansz LNG Project (Project Dated: 12/6/2013)
Rosneft and ExxonMobil Award Contracts for Russian Far East LNG Project (Contract Dated: 12/6/2013)
CCS, SDARI and Wartsila Collaborate to Develop LNG Vessel (Article Dated: 12/6/2013)
QGC Awards Jacobs Contract for CSG to LNG Concept Study, Pre-FEED (Contract Dated: 12/6/2013)
Russian Energy Minister Says No Call to Break Gazprom's Monopoly on Pipeline Gas Exports (Article Dated: 12/5/2013)
Putin Approves Amendments to LNG Export Laws to Boost Russia's Global LNG Market Share (Article Dated: 12/5/2013)
Asia LNG Buyers Meet to Discuss Joint Procurement Deal (Article Dated: 12/5/2013)
Japan’s Top Shippers to Order Ninety New LNG Tankers Worth $17.6 Bln by 2020 (Order Dated: 12/5/2013)
Brazil's OGX Maranhao Changes Name to Parnaiba Gas Natural (Sale Dated: 12/5/2013)
Australia's Origin Energy Agrees to Sell Gas to BG Group in 2014 and 2015 (Project Dated: 12/5/2013)
Tanzania May Build New LNG Export Facility by 2020 (Plans Dated: 12/5/2013)
France's Total Looks for Stake in Gazprom's Baltic LNG Project (Project Dated: 12/5/2013)
CNOOC Applies to Canada’s NEB for LNG Export License (Article Dated: 12/5/2013)
Cyprus, Total Sign MoU for LNG Terminal (Project Dated: 12/4/2013)
EmiratesLNG to Build 9 mtpa LNG Terminal at Fujairah (Plans Dated: 12/4/2013)
Honeywell UOP To Form Black & Veatch LNG Alliance for Off-Road and Transportation Fuel (Alliance Dated: 12/4/2013)
These sales leads are part of Oil, Gas, Shale and Refining Markets and Projects, and are issued bi-weekly. As a subscriber to Industrial Valve World Markets you receive a 30 percent discount for this service.
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NORTH AMERICAN WASTEWATER TREATMENT PLANTS
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December 2013
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Bob McIlvaine
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191 Waukegan Road Suite 208 | Northfield | IL 60093
Ph: 847-784-0012 | Fax; 847-784-0061