- In January 2024, PJ Valves, a leading global player in the valve and actuator industry, completed a significant expansion of its factory in Pune, India. This expansion highlights the company's commitment to innovation and enhances its production capabilities, particularly increasing its manufacturing capacity for ball and butterfly valves by over 2.5 times to meet growing customer demands
- In January 2024, Emerson Electric Co. launched the Fisher 63EGLP-16 Pilot Operated Relief Valve, specifically designed for use in pressurized bullet tanks that store liquid propane and anhydrous ammonia. Certified by UL132 and the American Society of Mechanical Engineers, this valve is tailored for the chemical industry and will be crucial for the forecasted demand in this sector
- In October 2023, AVK Group acquired several companies, including Bayard S.A.S, Talis Flow Control (Shanghai) Co. Ltd., Belgicast International S.L., as well as sales companies in Italy and Portugal proficient in manufacturing Industrial Valves. This strategic acquisition is expected to support the company’s growth and expansion in the global market
- In October 2023, Burhani Engineers Ltd. launched a valves testing and rehabilitation hub in Nairobi, Kenya. The facility aims to reduce repair and maintenance costs for existing valves in industries such as oil and gas, power, mining, and others
- In June 2023, Flowserve Corporation introduced its Valtek Valdisk high-performance butterfly valve. Designed for use in chemical plants, oil refineries, and other facilities requiring control valves, this new product offers enhanced reliability and performance for critical industrial applications
