Do You Have A Lower Life Cycle Cost Product For The Chinese Market?
If you have a product or service which may be higher priced but will be a better value for the Chinese purchaser, then you should be moving forward to carve out a slice of the world’s largest market. If you have not yet acted because of any of the following false assumptions, you need to rethink your strategy.
False Assumption |
Actual Opportunity |
Can’t afford the investment |
There are Chinese companies eager to partner if the product is superior. |
Can’t trust Chinese partners |
There are Chinese companies who are relying on distribution of international products and would not develop their own. |
Too much financial risk |
There are Chinese companies with deep pockets who will buy F.O.B. your shop and take all financial risk. |
Lose intellectual property |
Why are Thermo Fisher and all the major drug companies setting up research centers in China? |
Create a competitor |
The only way to avoid Chinese competition in your international market is to be a big player in China. |
Chinese language will be a problem |
McIlvaine Decisive Classification in Chinese, 4 lane knowledge bridge, and Global Decisions Orchard eliminate this problem. |
If you want to learn more about these opportunities, contact Bob McIlvaine at:
rmcilvaine@mcilvainecompany.com or 847-784-0012 ext 112.
Boost Sales by Convincing the Prospect You Can Solve His Specific Problem
Customers are looking for suppliers who have already solved a problem identical to their own. Their industry has an NAICS code. So, if they can click on that code on your website and can be convinced that you have the experience, you are very likely to create an active prospect.
McIlvaine can help you create a child web to display these as shown below. We can also link your success stories and relevant product information in the Global Decisions Orchard which is drawing heavy internet traffic.
More details on the entire program are found at:
4 Lane Knowledge Bridge to the End User
VALVE WORLD MARKET
UPDATE
June & July - 2013
TABLE OF CONTENTS
Acquisition
WAAREE Group Buys Cesare Bonetti
Bonney Forge Acquires BFE S.p.A.
Larsen & Toubro Completes Acquisition of Audco India from Flowserve
Alliance
Kitz and GIVA Group Form Alliance
Demerger
Metso to Split into Two
New Facilities
Emerson Expands Minnesota Manufacturing
ValvTechnologies Opens New Indian Plant
United Metallurgical Company (OMK) Updating Blagoveschensky Valves Plant in Russia
Severn Unival Moving Into New Facilities
Val-Matic Buys Additional Space for Large Valves
Finances
Velan Yearly Profit Less than Last Year
People
Circor Names New President and CEO
Z&J Appoints New Managing Director
Projects
Rotork Actuators Used in Australian Upgrade for Refinery Import Terminal
Pentair Sempell Receives Contract for Chinese Nuclear Plant Tianwan
Aker Solutions Supplying Valve Actuators for Malaysian Subsea Platform
Mokveld Signs Contract for Subsea Valves off Norway
Sipos Actuators Used in Taiwan Power Plant
FMC Technologies’ Order for Subsea Trees in Petrobas Pre-Salt Fields
FMC Technologies Also Received Order for Nigerian Subsea Field
FMC Technologies Wins Contract for Gulf of Mexico Subsea Field
Ross Valve Ships Valves to Saudi Arabia
Emerson Wins Australian Valve Contract for Gorgon Project
Auma Actuators Used in Slovakian Section of Oil Pipeline
Auma Actuators for Czech Coal-Fired Power Plant
Ampo Poyam Valves to be Used in Shell Sabine Pass LNG Project
Bernard Controls Supplies Actuators to Moscow Gas Plant
New Products
Pentair Keystone Brings Out New Resilient Seated Valves
Val-Matic Introduces New Swing Check Valve Line
WORLD WATER AND WASTEWATER DESALINATION
INDUSTRY NEWS
Saudi Government to Spend $66 Billion on Water Projects over 10 Years
FEDCO starts Work on $5 Million Plant Expansion
Oman Unveils Plans for Giant Power Project
Texas Power Plant Cuts Costs with GE Water Treatment
NEW PLANT CONSTRUCTION NEWS
Prince Khaled to Launch New Desal Plant
Punta Gorda to Build New RO plant
Clearwater to Build 2nd Reverse Osmosis Water Plant
BluMetric Reverse Osmosis System to Treat Industrial Water in Peru
Oman, Singapore open Reverse Osmosis Project in Mirbat
Transnet gets Reverse Osmosis Desalination Plant from Veolia Water
Wastewater Reuse can Serve 10,000 People a Day
OPWP to Study Co-location of Power Plant with Suwaiq Water Project
Clearwater to Build Second Reverse Osmosis Water Plant
New Desalination Plant to Boost Jeddah’s Water Capacity
TECHNOLOGY/NEW PRODUCT NEWS
GE Introduces Membrane to Purify Difficult-to-Treat Water
Alcoa Wastewater System ‘Saves More than $7 Million Annually
Many projects are detailed in monthly updates under Industry Analysis in the Report’s Chapters.
CHEMICALS
ETHANOL
FOOD & BEVERAGE
METALWORKING
MINING
OIL & GAS
OTHER ELECTRONICS
PHARMACEUTICAL / BIOTECH
PULP & PAPER
REFINERIES
SEMICONDUCTOR
POWER
For more information on Industrial Valves: World
Markets, click on:
Sales Lead Data Search by Titles
(Listed by most current date)
·
QGC Plans more Exploration to Support QCLNG Third Train (Project Dated: 7/9/2013)·
Japan Consortium, Resources Energy Hopes to Start Alaska LNG Project FEED by Year-End (Project Dated: 7/9/2013)·
Cheniere Completes Financing, Starts Sabine Pass Trains 3 and 4 Construction, Purchases Creole Trail Pipeline (Project Dated: 7/9/2013)·
Petronas' Pacific NorthWest LNG Canada Project to Cost $20 Bln (Project Dated: 7/9/2013)·
GDS Suez Supplying Trucking Firm, Transgas with LNG As Vehicle Fuel (Article Dated: 7/9/2013)·
KBR Awarded FEED Contract for World-Scale LNG Project in British Columbia (Contract Dated: 7/8/2013)·
Jordan Cove Energy Files for Oregon LNG Export License ( Dated: 7/8/2013)·
Canadian National Railway to Try LNG for Powering Locomotives (Article Dated: 7/8/2013)·
Hungary Seeks LNG from Qatar to Meet Energy Needs (Agreement Dated: 7/8/2013)·
India’s Andhra Pradesh Gas to Sell Stake in LNG Project to Private Power Producers (Project Dated: 7/8/2013)·
Wood Group Kenny Wins Subsea Contract for Bonaparte LNG Off Australia (Contract Dated: 7/5/2013)·
Western Australia to Host World’s Largest LNG Conference in 2016 (Exhibition Dated: 7/5/2013)·
FSRUs Become Entry Solution for Smaller Scale Imports into LNG Markets (Analysis Dated: 7/5/2013)·
India Fertilizer Company’s Investment Plan Calls for LNG Switch, New Plants (Article Dated: 7/5/2013)·
Project Update for Freeport LNG (Project Dated: 7/5/2013)·
Tolling Capacity, JV Agreements Signed for Louisiana Cameron LNG Facility (Project Dated: 7/5/2013)·
BG Group Files Plans for Building Massive Prince Rupert LNG Plant (Project Dated: 7/5/2013)·
Freeport LNG Receives DOE Approval To Export LNG To Non-Free Trade Agreement Countries (Article Dated: 7/5/2013)·
Klaipedos, PPS Sign $33.2 Mln Contract for Lithuania LNG Terminal Pipeline (Contract Dated: 7/3/2013)·
Entergy Gulf States Louisiana to Power Proposed Sempra Cameron LNG Export Facility (Project Dated: 7/3/2013)·
Air Products Wins LNG Technology and Equipment Order for Maryland Facility (Project Dated: 7/3/2013)·
Seaborne Natural Gas to Boost Singapore’s Role as Energy Hub and LNG Trader (Article Dated: 7/3/2013)·
ExxonMobil Announces Plans with Qatar for $10 Bln Sabine Pass LNG Terminal (Plans Dated: 7/3/2013)·
India’s Union Cabinet Approves Land for IOC's Ennore LNG Terminal (Project Dated: 7/3/2013)·
Australia’s Woodside Says Modularization the Key to Future LNG Developments (Presentation Dated: 7/3/2013)·
ABB Wins $12 Mln Order to Power Deepwater Pipe Laying Vessel (Order Dated: 7/2/2013)·
Kinder Morgan Shelves $2 Bln Freedom Pipeline Project (Project Cancelled Dated: 7/2/2013)·
BC Government Rejects Enbridge’s Northern Gateway Pipeline (Article Dated: 7/2/2013)·
Subsea 7 Awarded $170 Mln Statoil Contract Offshore UK (Contract Dated: 7/2/2013)·
Leighton Offshore Awarded Qatar Gas SPM Maintenance Project (Project Dated: 7/2/2013)·
Southern Star Announces Straight Blackwell Pipeline Segment Expansion in W Oklahoma (Project Dated: 7/2/2013)·
Cabot Oil and Gas Utilizes Marcellus Shale Natural Gas for Fracturing (Article Dated: 7/2/2013)·
DOE Says Industry Losing Sight of Carbon Capture and Storage Tech Advances (Article Dated: 7/2/2013)·
Trelleborg Acquires Ambler Technologies, Strengthening its Position in Offshore Oil & Gas Business (Acquisition Dated: 7/2/2013)·
S. Sudan Says Japan to Construct Alternative Oil Pipeline to Kenyan Port of Lamu (Agreement Dated: 7/2/2013)·
Hallin Ullswater Announces $6 Mln Project at Indonesia Natuna Gas Field (Project Dated: 7/2/2013)·
Kodiak Oil & Gas Widening Horizon in Bakken with Williston Deal (Purchase Dated: 7/1/2013)·
Saltworks' New Desalination Technology Addresses Water Reclamation Issues in Oil and Gas (Article Dated: 7/1/2013)·
Australia's Liberty Resources Signs MOU with Calgary Based Frontier Project Management. (Agreement Dated: 7/1/2013)·
Tallgrass Energy’s Pony Express Expansion to Commence (Project Dated: 7/1/2013)·
New Kinder Morgan Entity to Build Gas Pipeline into Mexico (Agreement Dated: 7/1/2013)·
CenterPoint Plans North Dakota Gathering System (Agreement Dated: 7/1/2013)·
Valero Eyes Quebec Refinery Investment (Investment Dated: 7/1/2013)·
Shale Will Remain Top Investment Priority for Poland Despite Pullout of International Companies (Article Dated: 7/1/2013)·
Commissioners Okay ONEOK's North Dakota Garden Creek III Gas Plant (Project Dated: 7/1/2013)·
Proserv Gets State-of-the-art Global Research and Development Hub (Article Dated: 6/28/2013)·
Foster Wheeler Awarded FEED Contract by Gazpromneft for Upgrade at Moscow Refinery (Contract Dated: 6/28/2013)·
Aquatech Acquires Fluid Recovery Services to Create Leading Water Management Services for Oil and Gas (Acquisition Dated: 6/28/2013)·
Aker Solutions Awarded Premier Oil Subsea Contract (Contract Dated: 6/28/2013)·
U.S. Energy Information Administration Releases U.S. Oil Refinery Capacity Report (Report Dated: 6/28/2013)·
Forest Oil Announces Eagle Ford Shale Development Agreement (Agreement Dated: 6/28/2013)·
Technip Awarded EPC Contract for Bahrain Refinery (Contract Dated: 6/20/2013)·
Denver-based Richardson Operating to Use Steam Injection on Proposed $11 Mln Oil Project (Project Dated: 6/20/2013)·
Aker Solutions Awarded Angola Contract by Technip (Contract Dated: 6/20/2013)·
Turkey Offers Help to Iraq with Building New Crude Export infrastructure (Article Dated: 6/20/2013)·
Kurdish Govt to Convert Gas Pipeline for Oil Transport (Project Dated: 6/20/2013)·
Pemex Says New Pipeline to Triple Gas Imports from U.S. (Project Dated: 6/20/2013)·
PAA to Extend Western Oklahoma Oil Pipeline (Project Dated: 6/20/2013)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.
For more information on Industrial Valves: World
Markets, click on:
GDP UPDATE
July 2013
TABLE OF CONTENTS
AMERICAS
UNITED STATES
BELIZE
CHILE
ASIA
CHINA
MALAYSIA
PHILIPPINES
EUROPE / AFRICA / MIDDLE EAST
BELARUS
GHANA
ITALY
NIGERIA
PORTUGAL
QATAR
UNITED KINGDOM
(1.) Barclays has cut its second-quarter GDP trading estimate to 1.0% from 1.6% after the trade deficit widened in May. In a note to clients, Barclays blamed the larger-than-expected increase in imports in the month for the downward revision. A higher trade deficit is a drag on GDP. Earlier, the Commerce Department reported that the May trade gap rose 12% to $45 billion in May, well above economists' forecast of a deficit of $40.3 billion.
(2.) The U.S. economy suddenly looks weaker, after the government revised its data for the first quarter. Gross domestic product -- the broadest measure of economic activity -- rose at a mere 1.8% annual pace between January and March……….remaining text not included in this sample.
The Chilean economy this year will grow at a slower pace than forecasted in March, as local activity and demand decelerated more than anticipated in the first quarter of 2013, according to the central bank.
In its second Monetary Policy Report for the year, the central bank downwardly revised its gross domestic product growth outlook to a range between 4% and 5%, from a range of between 4.5% and 5.5% it had estimated in its first report in March.
The bank also downwardly reviewed its 2013 copper price estimate to an average $3.25 a pound, from $3.50 in the previous report. Lower copper prices will widen the current account deficit to 4.7% of GDP, the bank said .……….remaining text not included in this sample.
A Chinese think tank has opined economic growth will be steady in the second half of the year, with a GDP growth rate of 7.6 percent.
In a report by the State Information Center, it cited the government's "stabilizing economic growth" measures will have a positive effect.
However, the report cited risks of bad local government loans, slowing growth of central government revenue, diminished export competitiveness and industrial capacity are growing.
Chinese markets are recovering from a crunch in the domestic financial markets that saw short-term money rates spike to record highs and stock markets swoon in recent weeks.……….remaining text not included in this sample.
Malaysian Institute of Economic Research (MIER) is set to revise its initial economic growth forecast for 2013 at a mid-year review on slumping exports and slower private consumption.
The think tank had in January projected that the Malaysian economy will expand 5.6% this year.
"Our export performance in recent months is a major concern,'' executive director Dr Zakariah Abdul Rashid said.
"It would be very difficult for Malaysia to achieve the targeted growth this year if exports continue to shrink,'' he told reporters.
Zakariah said the growth target would probably be lowered soon after reviewing the country's performance in the first half of the year.
He also said that the latest round of lending curbs by Bank Negara Malaysia would also have a "negative ……….remaining text not included in this sample.
The International Monetary Fund (IMF) said it expects Philippine GDP to grow 7% this year thanks to strong domestic consumption.
"The economic growth momentum here (Philippines) is higher. The region's growth has been softer than expected, but the Philippines is an outlier," IMF resident representative Shanaka Peiris said during a briefing.……….remaining text not included in this sample.
The National Statistics Committee of Belarus has carried out the second evaluation of Belarus’ gross domestic product in the first quarter of 2013. The evaluation has revealed that GDP made up Br129 trillion in current prices, up by 3.8% in comparable prices over the first quarter of 2012, BelTA learned from the National Statistics Committee.
The first evaluation estimated Belarus’ GDP at Br123.3 trillion, up by 3.5% compared to January-March 2012. The previous evaluation was tentative, because it was based on the data obtained via statistical surveys, expert analysis and indirect calculations, the National Statistics Committee informed.
The second evaluation of Belarus’ gross domestic product in the first quarter of 2013 was conducted using three methods: the production method, the method based on the sources of income and the method based on the use of income.……….remaining text not included in this sample.
As crisis-hit Italy struggles to stimulate growth, new figures released recently showed that the country's economy was in decline.
According to the Italian central bank, national public debt reached 127% of gross domestic product (GDP) last year, up from 120.8% in 2011, placing the country second in the European Union (EU) after Greece.
Tax burdens continued to be a major obstacle to recovery, increasing to 44% of GDP in 2012, up from 42.6% in 2011.……….remaining text not included in this sample.
Budgetary rigor demanded by international lenders may be the proximate cause of Portugal's political crisis, but Lisbon is also paying the price for not whipping its economy into shape in better times.
The survival of Prime Minister Pedro Passos Coelho's centre-right coalition was hanging by a thread as the rightist CDS-PP party debated whether to withdraw its support and leave the government without a majority.
Like ordinary Portuguese, the CDS-PP is resisting further spending cuts needed to keep Portugal on track to meet the debt-reduction goals laid out in its 78 billion euro (66 billion pounds) bailout program with the European Union and International Monetary Fund. ……….remaining text not included in this sample.
Britain's powerhouse services sector grew at the fastest pace in two years in June, completing an economic hat trick after upbeat manufacturing and construction data reports and putting the country "well on the road to recovery".
Strong services data could signal the end on calls for more quantitative easing.
Economists estimated that the UK grew by "at least 0.5%" in the three months to June, building on the 0.3% growth in the first quarter, with more to come.……….remaining text not included in this sample.
A complete analysis of GDP and monthly updates for individual countries are included as part of Industrial Valve World Markets.
For more information on Industrial Valves: World
Markets, click on:
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You can register for our free McIlvaine Newsletters at:
http://www.mcilvainecompany.com/brochures/Free_Newsletter_Registration_Form.htm.Bob McIlvaine
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847 784 0012 ext 112
191 Waukegan Road Suite 208 | Northfield | IL 60093
Ph: 847-784-0012 | Fax; 847-784-0061
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