Emerson Process Management has been awarded a contract to automate the Maersk Oil Culzean gas field development in the North Sea.
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Control valve market worth US$10.82 billion by 2020
With the increase in automation in the process industry, the need for control valve is also expected to grow proportionately to support this growth.
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Emerging regions profitable for industrial valves and actuators market
Increase in oil exploration activities, investments in new refineries, and modernisation of existing facilities will spur uptake of valves and actuators.
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Adelaide-based valve manufacturer finds export success
Maric Flow Control is tapping into growing world demand for its hand-crafted water valve technology.
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