August 2005

Trends and Resources

HP Impact: HPImpact: Expanding economies, new technologies spur industrial valve sales

Global industrial valve sales were about $40 billion in 2004. By 2010, annual sales will exceed $50 billion, says a new report by the McIlvaine Company (www.mcilvainecompany.com). A number of publicly..

Weirauch, Wendy, Hydrocarbon Processing Staff

Global industrial valve sales were about $40 billion in 2004. By 2010, annual sales will exceed $50 billion, says a new report by the McIlvaine Company (www.mcilvainecompany.com). A number of publicly held valve companies reported double-digit sales increases in first-quarter 2005. The market will continue to grow for a number of reasons: Rapid increase in energy supply. China is increasing coal-fired electrical generating capacity at over 10%/yr. India and other developing Asian countries are increasingly turning to coal for future electricity needs. A coal plant requires four times the investment in valves as does a combined cycle gas turbine plant, according to this an

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