Valve Magazine - Spring 2010

Valve

MAGAZINE

STAFF
PUBLISHER
William S. Sandler

ASSOCIATE PUBLISHER/
EDITOR-IN-CHIEF
Judy Tibbs

MANAGING EDITOR

Genilee Parente

ASSISTANT EDITOR Chris Guy

CONTRIBUTING EDITORS
Greg Johnson
Peter Cleaveland

Metso Supplying Biomass Power Plant to Belgium Metso will supply 4HamCogen S.A., a subsidiary of 4Energy Invest S.A., with a biomass power plant for combined heat and power production in the municipality of Ham in the Belgian province of Limburg. The power plant will be delivered by the Metso-Wärtsilä joint venture MW Power. Metso Automation will deliver the plant automation system. The total value of Metso’s share of the investment is approximately 30 million euros (more than $41.2 million). The start-up of the plant is scheduled for Q2 in 2011.

Flowserve Receives Major Valve Order
from SNPEC in China

Flowserve Corporation has an order in excess of $15 million from State Nuclear Power Engineering Company Ltd. (SNPEC) in China for ASME Section III safety-related globe and gate valves and Flowserve Limitorque actuators. Flowserve booked the order in the first quarter of 2010.

The company’s valves and actuators will be used at the Westinghouse design AP1000 San-men and Haiyang Unit 2 nuclear power plants located in Zhejiang and Shandong provinces. The plants are under construction and scheduled to be operational in June 2014 and January 2015, respectively.

ART DIRECTOR/
PRODUCTION MANAGER
Michelle Wandres

ADVERTISING DIRECTOR Sue Partyke

MARKET FOCUS: INDUSTRIAL VALVE SHIPMENTS

Decline of last year over, some growth to occur
How to Contact
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EDITORIAL OFFICES

After a modest drop last year, the valve industry appears to have stabilized and will likely see minor growth this year, according to VMA’s annual forecast. The forecast predicted total industrial valve shipments for 2010 will be $3.855 billion, which is slightly higher than the $3.802 billion in 2009 shipments.

Between 2008 and 2009, the industry saw its first decline in a decade—a fall of about 5%. This decline followed almost 10 years of steady upward movement from about $3.1 billion in 2001 to the high in 2008 of about $4.0 billion.

“Overall, the decade has been good for the valve business. The period between 2004 and 2008 was actually unprecedented in growth. Like essentially all manufacturing industries, 2009 showed a steep decline in demand and was troubling for our industry. Fortunately, it appears that the situation has stabilized this year and the forecast looks good for the next few years,” said VMA Chairman Mike Mason, executive vice president of the Fisher Division of Emerson Process Management.

The projected growth has occurred across almost all valve end-user industries with the exception of construction and water/waste-water, which are both forecast to decline. Overall, growth in the amount of valves end-user

Distribution Forecast of End Users in the 2009 Valve Market

; ;

Distribution Forecast of End Users in the 2009 Valve Market

Mining

1%

Textiles

1% Other 2%

Power
Generation
11%

; ;

Co-Generation

2%

Gas Distribution 3%

Oil & Gas
Transmission
6%

ADVERTISING SALES
Sue Partyke
1101 Caroline Street
Suite 200
Fredericksburg, VA 22401
phone: 540.374.9100
fax: 540.374.9265
email: spartyke@vma.org

Iron & Steel
2%
Pulp & Paper
6%
Marine
1%
Comm.

Construction 5%

Food &
Beverage
2%

; Petroleum
Production
12%

Chemical 17%

; Petroleum Refining 12%

CIRCULATION/SUBSCRIPTIONS
phone: 570.567.1193
fax: 570.320.2079
email:
valve@PublishersServiceAssociates.com

; Water & Wastewater 18%

NEW PRODUCTS, MEDIA &
INDUSTRY NEWS
Chris Guy
phone: 540.785.8901
fax: 540.785.8903
email: cguy@vma.org

ARTICLE SUBMISSIONS
VALVE MAGAZINE
welcomes articles, proposals,
manuscripts, photographs, and
ideas from our readers. For a
copy of the magazine’s Author’s
Guidelines, contact Judy Tibbs,
editor-in-chief, at jtibbs@vma.org
or call 540.785.8901.

industries will order for 2010 will be about 1.4% over 2009 with the largest growth occurring in the chemical industry (which is forecast to rise to 16.7% of total share of industrial valve shipments in 2010 from about 16.3% in 2009) and iron and steel (forecast to rise to 2.1% from 1.7% in 2010.)

“Since manufacturing usually lags 6 to 9 months behind end users, the figures indicate full recovery will occur in the second half of this year,” according to William Sandler, president of VMA.