Subject: Valves Market News
Here are the headlines for the month of May 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/water.html#N028 .
VALVE UPDATE
TABLE OF CONTENTS
ACQUISITION
· SKF Acquires Taiwan Actuation Manufacturer
FINANCIALS
· Cooper Cameron Had Sales Increase of 18.5 Percent in First Quarter
· Crane Company’s Sales Up 25 Percent in First Quarter 2005
· Emerson Reports Second-Quarter 2005 Sales Up 10 Percent
· Tyco Engineered Products Reports 15 percent Increase in Second Quarter Results
· ITT Industries’ Revenues Up 25 Percent in First Quarter
· Curtiss-Wright’s Sales Increase 20 Percent in First Quarter
· SPX’s Flow technology Division’s Revenues Up 7.6 Percent
NEW LOCATION
· Weir Valves & Controls to Move Factory to New Location in England
PEOPLE
· IMI Appoints New Chairman
· Crane Promotes Max Mitchell to President, Fluid Handling
· Tyco Appoints Two New Executives in China
PROJECTS
· Emerson Selected to Supply World’s Largest Wastewater Plant
· Vetco Receives Two Orders for Africa and North Sea
· Velan Selected to Supply Valves for South African Reactor
NEW PRODUCTS
· ASCO Introduces New Actuated Globe Valve Assembly
OIL & GAS
POWER
REFINERIES
SEMICONDUCTOR, FLAT PANEL, DISK DRIVE AND OTHER ELECTRONICS
WORLD WATER AND
WASTEWATER DESALINATION
Municipal:
U.S.
DWR recommends $25 million in Prop 50 desal grants
California invests in Santa Cruz desalination plan
State Grants Long Beach Water $3 Million
Lee County has 2 membrane projects in the works
Texas Senate water bill encourages desalination
Municipal: Offshore
Work starts on $387 million Perth desalination plant
$300 million desalination plant to meet demands of Olympic Dam
China-made seawater desalination facility in operation
Hong Kong conducting desal trials
Desalination plants in Coromandal Coasts included in the new UIDSSMT scheme
US firms to set up US$340 million in desal plants in Pakistan
Saudi Arabia offers new desalination projects to private investors
Cape May Desalinate Sea Water 'As a Last Resort'
Holding company to take over the privatised IWPP - UAE
Textiles
Environmental standards make processing parks a necessity
Automobiles
High-Tech Nano Water Treatment from Ford
Business News
GE Delivers Strong First Quarter 2005 Financial Results
S&P Equity Research says water utilities will need infrastructure
Revenue up, losses mount at Seprotech
Temasek Buys Into Seawater Treatment Plant
Chinese Power Plant to use ZENON Membrane
Doosan Heavy gets US$270 m order for plant in Qatar
GEA unveils third generation filtration technology
Saudi - Korean joint project for production of desalination equipment
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