Reducing fuel consumption
A lightweight valve made from a nickel alloy has won first prize in the "Steel in Research and Development" category of the 2003 Steel Innovation Prize.
Libya: Shell signs agreement
Shell Libya Petroleum Development BV has signed a heads of agreement with Libyan National Oil Corp. establishing a long-term strategic partnership that could lead to the development of integrated upstream projects to enhance Libya's oil and gas production and its LNG export capacity.
Belgium: Ineos Phenol to expand
Ineos Phenol, the world's largest producer and marketer of phenol and acetone, will expand its Antwerp production facility.
Severe service needle valves
Enhancing their already extensive range of instrument needle valves, Oliver Valves now has a family of power industry and steam plant valves to ASME B31.1 Power Piping Code.
Iraq: water project
Fluor Corporation has announced that its joint venture, FluorAMEC LLC, has been awarded two contracts to reconstruct Iraq's public works and water sector infrastructure.