The overall global market for industrial valves is expected to rise in the coming years. Valve manufacturers have introduced various kinds of valves for diverse applications and industries this year. PROCESS Worldwide highlights some of the latest solutions in this space.

Under a partnership frame agreement signed between both the parties, Metso has been selected as EV Metals’ Technical Partner for developing a Lithium Chemicals Plant in the Yanbu Industrial City, Saudi Arabia.

Nouryon has successfully completed 50 % of its capacity expansion for colloidal silica products at its manufacturing facility in Wisconsin, USA. With this move, the company aims to expand its global colloidal silica manufacturing footprint.

Under a strategic collaboration agreement between the two parties, Adnoc and MHI will work together to explore potential opportunities for building low carbon energy supply chains as well as advance carbon neutral solutions. The move is expected to speed up decarbonization in the energy industry.

Michelin, Ifpen and Axens have recently inaugurated what it claims to be the first industrial-scale demonstrator of a plant producing bio-based butadiene from bioethanol. The demonstrator is built at Michelin’s site in Bassens near Bordeaux in France.

Umicore has collaborated with Microsoft to make use of artificial intelligence in order to accelerate its research in battery material technologies for electric vehicles. With this move, Umicore intends to create a customized AI environment that will analyze, synthesize and bring together vast and complex data from its proprietary battery materials research and development.

China has delivered its first ‘Made in China’ large cruise ship and Akzo Nobel’s innovative and sustainable coatings were used for coating the vessel. The firm’s Intersmooth fouling control technology was utilized on the hull of the vessel owing to its high durability, low VOC content and excellent application properties.

Lanxess has reshuffled the management positions of four business units. With this move, the company aims to provide fresh impetus for future growth in its consumer protection segment.

Solenis has plans to invest 193 million dollars in order to expand its business operations in Virginia, USA. The firm intends to develop a new production unit, packaging facility and tank farm, and also accommodate production of polyvinylamine polymer products.

Adnoc has acquired a 10.1 % equity stake in Storegga, a company that focuses on the development of global carbon capture and storage projects. This is Adnoc’s first international equity investment in carbon management.