McIlvaine will be an exhibitor at EUEC as well as facilitating attendee exhibitor interaction. Details on exhibitor products and services will be posted shortly in our Global Decisions Orchard.

The oil and gas industry will spend over $10 billion for valves in 2014.   Eighty-five percent of this total will be for on/off valves and 15 percent for control valves. This is the conclusion reached by the McIlvaine Company in its continually updated Industrial Valves: World Markets.  (www.mcilvainecompany.com)

* Ball valves will account for 30 percent of the total, while industrial plug valves will account for 20 percent.  Gate valves will account for 18 percent of the total.

Control valve sales will be just under $1.5 billion, whereas on/off valve sales will exceed $8.5 billion. One of the big growth areas is unconventional oil and gas.  This includes shale reserves, coal bed methane and offshore extraction.  The LNG market is growing again after receding a few years ago. There are a few large gas-to-liquids plants in planning and construction in the U.S.  Each of these plants will spend $50 million or more dollars for valves. 

Since the unconventional resources are in new locations, the market for valves for transmission is also growing. The U.S. is presently the fastest growing market as the country moves from a major importer to a net exporter.

For more information on Industrial Valves: World Markets, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/115-n028.

 Headlines for the December 6, 2013 – Utility E-Alert      

 UTILITY E-ALERT

• Idaho Power gets OK to invest in SCR at Jim Bridger 3 and 4, but can’t recover Costs
• Dynegy buys Ameren Power Plants in Illinois

• Utico to build Power Plant in Okakkura, Namibia
• Edenville Energy to build 100 MW Power Plant in Tanzania
• Eight Companies bidding to build Cheyyur Power Project in Tamil Nadu, India
• China Western Power to build Power Plants in Pakistan
• Tata Power to build 1200 MW Power Plant in Vietnam
• ANDRITZ to supply CFB boiler for 75 MW Zofiówka Cogeneration Plant in Poland

GAS/OIL - US 

• Pipeline to be expanded to Provide Natural Gas for 1358 MW Brunswick County Power Plant
• Holland, MI looking at Natural Gas-fired Power Plant
• San Diego Gas & Electric looking at New Power Plant at Carlsbad

GAS/OIL – WORLD 

• Construction of Leichhardt Power Plant in Queensland, Australia has begun
• Russia to build 420 MW Combined Cycle Power Plant at Verkhnetagilskaya
• KOSPO and Samsung to build 517 MW Kelar Power Plant for BHP Billiton in Chile
• GE to provide 7F-5 Gas Turbines to PP13 and PP14 in Saudi Arabia
• Duhouk Power Plant to be converted to Combined Cycle Operation in Iraq
• Inkia to build 590 MW Power Plant in Mollendo, Peru
• Power Plant to be built near Saldanha Facility in South Africa will provide ArcelorMittal with Electricity
• BC Hydro to Shut 900 MW Burrard Power Plant in British Columbia, Canada
• Samsung to build Rabigh 2 in Saudi Arabia

• Wood Group to provide ECOMAX Systems to Southeast US Utility

• TEPCO to build Two 500 MW IGCC Power Plants in Fukushima Prefecture, Japan with Mitsubishi Help

NUCLEAR 

• EU to conduct Inquiry into EDF/UK Deal to build Hinkley Point Power Plant
• Iran to "Forge Ahead" with Second Nuclear Power Plant
• Blue Castle Holdings Water Rights Upheld for Nuclear Power Project in Utah
• Areva and India at Odds over Reactor for Jaitapur Power Plant

• Alstom/Arabian Bemco Contracting JV for Manufacturing Power Generation Components in Saudi Arabia
• URS Offers Solution to Improve Energy Efficiency from Coal-fired Power Industry
• Mobile Devices and Route Maps Will Enrich Your CHEM Show Experience
• Fabric Filter Innovations Keep Changing the Industry
• Every Region is a Winner and a Loser in the Flow Control and Treatment Products Export Battle

• Application of U.S. Mercury Control Technology in Other Countries - Hot Topic Hour Yesterday
• "Update on Gasification Projects and Technology" is the Hot Topic Hour on December 12, 2013

§  Upcoming Hot Topic Hours

For more information on the Utility Tracking System, click on: http://home.mcilvainecompany.com/index.php/databases/2-uncategorised/89-42ei