Subject:  Valves Market News for March ‘08

Here are the headlines for the month of March ‘08 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: Industrial Valves: World Markets

http://www.mcilvainecompany.com/brochures/water.html#n028

VALVE WORLD MARKET

UPDATE

March 2008

TABLE OF CONTENTS

McIlvaine Company Hot Topic Hour Discusses Power Plant Air Quality Valves

ACQUISITIONS

Rotork Buys Drallim Industries Valve Testing Product Line and Remote Control

Shipman Valves Acquires Advanced Valve Technologies

NEW FACILITIES

Weir Valves & Controls Relocated

JC Middle East FZC Setting Up Plant in Tamil Nadu, India

Poyam Valves Expanding Manufacturing Plant

Dixon Valve Opens New Manufacturing Plant in Houston

AVK UK Moving Manufacturing Plant

COOPERATION

Metso Automation and ABB Sign Memorandum for Oil and Gas Industry

SUBSIDIARY MERGER

Asco and Numatics Join

FINANCIALS

Fisher Delivers 750,000^th Digital Valve Controller

Weir Group’s 2007 Revenues Up 22 Percent in Continuing Operations

Emerson’s First Quarter Sales Up 12 Percent

Cameron Reports 2007 Revenues 25 Percent Higher

Curtiss-Wright’s 2007 Sales Increase 24 Percent

Tyco’s Sales Surge in First Quarter

PROJECTS

Rotork Installs Actuators at Severn Trent Water Works

Maric Sells to North Atlantic Oil Rigs

Aker Kvaerner Awarded Spanish Subsea Contract

Bettis Actuators Supplied to Perar Valves at RasGas

BHEL Wins Contract for ONGC Subsea Trees

OMB Sells Cryogenic Ball Valves to Shanghai LNG Terminal

OMSA Delivers Butterfly Valves to Zambian Smelter

Cameron Awarded Contract for West African Offshore Equipment

Metso Gets Valve Order for Pearl GTL Project in Qatar

NEW PRODUCTS

Cla-Val Introduces New Pressure Management Valve

Flowserve Brings Out New Segmented Ball Valve and Introduces New Rotary Control Valve

Assured Automation Announces New Line of VAX Valves

WORLD WATER AND WASTEWATER DESALINATION

Municipal: U.S.

Plant to bring water relief to Brockton with desalination

Municipal: Overseas

$400 million desalination plant still stalled

Second desalination plant for Chennai City soon

Interest in Uranium Powers Desalination Plans

Saudi utility to streamline water, sewerage

Abu Dhabi seeks financing for Ruwais hydrogen power plant including desal

Nakheel plans desalination plants for Palm Jebel Ali

Nanotechnology

Nanotechnology in Water will reach 1.6 billion US Dollar in 2007 and expected 6.6 bn US Dollar in 2015

Business News

CH2M Hill delivers desal in Singapore

Seprotech Announces First Quarter Results: 60% Increase in Revenue Over Same Period Last Year

France's Veolia to fully enter Japanese waterworks market

Pentair Announces Record Earnings Per Share of $2.10 for Fiscal Year 2007 on Record Sales of $3.4 Billion, Up 8 Percent

Many projects are detailed in monthly updates under Industry Analysis in the Report’s Chapters.

CHEMICALS

DISK DRIVE

ETHANOL

FLAT PANEL

FOOD

LNG PROJECTS

METALSWORKING

MINING

OIL & GAS

OTHER ELECTRONICS

PHARMACEUTICAL

PULP & PAPER

REFINERIES

SEMICONDUCTOR

TRANSPORTATION

U.S. MUNICIPAL WASTEWATER PROJECTS

POWER

• Huge pump expenditures are forecast for flue gas desulfurization systems in the U.S. and China. The specific reports are available separately in World Coal-fired Power Generation Analysis and Forecasts and in Utility Environmental Upgrade Tracking System.

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

Bob McIlvaine

rmcilvaine@mcilvainecompany.com