VW Southeast Asia

Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

Digitalisation can save $100bn to the oil industry

Automation and digitalisation initiatives could help the global upstream oil industry save a whopping USD 100bn of their budget in the 2020s, according to a new in-depth study that says operators are likely to get help in realizing these savings as service companies reinvent themselves.

Oil, gas crucial to Industry 4.0, says ADNOC CEO

Abu Dhabi National Oil Company (ADNOC) is absorbing, embedding and applying cutting edge technology at every step of the production process from oil platforms to trading platforms, said its top official.''In short, as we enter a new age of technology, the world remains reliant on a 160-year-old industry, whose core mission is to responsibly and efficiently stay ahead of tomorrow’s energy demand.

Slurry knife gate valves for the power industry

Pulverised Fuel Ash (PFA) represents some challenging applications within the Power Industry.

KTG & EBRD to develop gas industry in Kazakhstan

KazTransGas JSC (KTG) and European Bank for reconstruction development (EBRD) singed a MoU to develop gas industry in Kazakhstan and it is aimed at improving the performance of the gas market, as well as broader development of the energy sector in accordance with the best international practices through necessary reforms and price transparency.

Indian paper industry poised to touch 25 MT in 2019-20

The Indian paper industry is poised to grow and touch 25 MT from 20.37 MT to 2019-20 from 2017-18 at the rate of 10% per annum, according to Associated Chambers of Commerce and Industry of India (ASSOCHAM).

IndianOil bags “Industry Leadership Award – Downstream”

Indian Oil Corporation (IndianOil) was adjudged the best company in the category “Industry Leadership Award – Downstream” of the 2017 edition of the prestigious Platts Global Energy Awards.

Chemistry industry grows at 8-9% – by CII campaign

Chemical industry, a key manufacturing driver, is growing at 8 to 9% p.a. and has potential to grow much faster.

Industry survey shows staffing levels rise in 2018

Industry survey of 10,000 respondents shows almost 60% of employers expect to recruit significantly over next 12 months and half of employers expect salaries to rise.

CPCL invests INR 1,495 Cr. for automobile industry

Chennai Petroleum Corporation (CPCL), a subsidiary of Indian Oil Corporation (IOC), is planning to invest about INR 1,495 crore to produce BS-VI fuel for the automobile industry.

Pall, first U.S firm to invest in Iran’s oil industry

Pall, a US-based filtration, separation, and purification solutions company will soon be investing in Iran’s oil industry, the investment, if confirmed, would be the first by an American firm in years.