·       Unconventional Oil and Gas Will Cause Valve Sales to Be $3 Billion Higher In 2015

·       GDP Update Headlines - June 2014

·       Oil & Gas Sales Leads Headlines - June 20, 2014

·       World Municipal Wastewater Projects Monthly Update Headlines – June 2014

·       World Power Generation Projects Headlines – Primary Fuel - Gas

Unconventional Oil and Gas Will Cause Valve Sales to Be $3 Billion Higher In 2015

The sale of industrial valves in 2015 will increase to $69 billion worldwide.  Much of the growth will be attributable to unconventional oil and gas.

McIlvaine displays hundreds of thousands of revenue forecasts in Industrial Valves: World Market.   All of these figures are displayed in 2010 dollars so that viewers can determine the real industry growth without regard to inflation.  The 2014 forecast is for valve revenues of $57 billion.  When this is adjusted for inflation, sales will be $63 billion in actual dollars.  Until recently, McIlvaine had forecast 2015 sales of $67 billion of which $1 billion was due to unconventional oil and gas.  However, the forecast is being revised to reflect a 9.5 percent increase and valve sales of $69 billion.  This is due to the extensive investment in unconventional oil and gas.  Therefore, unconventional oil and gas will generate revenues of $3 billion in 2015.

One of the main drivers in the revision of the numbers is the huge coal-to-gas and chemicals program underway in China.  This program is already generating larger process equipment plant investments than the shale gas activities in the U.S.   By 2025, with 40 projects in the planning stage, the Chinese coal-to-gas production could reach a level of 40 percent of the entire present U.S. consumption.  The goal is to transport this gas by pipeline from the West and North to the large cities in the East.  This is one of the most important initiatives for reducing air pollution in the large cities.  The clean burning gas will replace coal.  Also the investment in U.S. petrochemical plants which will be using gas as a feedstock will be outstripped by the Chinese investment in coal to petrochemicals.  Another massive program is coal-to-liquid fuels.  High quality motor fuels can be produced from coal using both indirect and direct liquefaction.  China is making massive investments in both technologies.

For more information on Industrial Valves: World Market, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/115-n028.

Top of Form

GDP UPDATE HEADLINES

 JUNE 2014

Table of Contents

AMERICAS

• United States
• Columbia

ASIA

• China
• India
• Japan
• New Zealand

EUROPE / AFRICA / MIDDLE EAST

• Dubai
• Ireland
• Nigeria
• Russia

AMERICAS

United States

CEOs have slightly lower expectations for U.S. gross domestic product growth than they did last quarter, according to a new survey.

The Business Roundtable survey showed chief executives forecast GDP growth of 2.3% in 2014, down from last quarter's estimate of 2.4% for the year. (The remaining text is not included in this sample.)

Columbia 

Colombia’s economy grew at the fastest pace in more than two years in the first quarter, beating all analysts’ forecasts, after a surge in government spending ahead of President Manuel Santos’ re-election. Bond fell on expectations of higher interest rates.

Gross domestic product grew 6.4% from the year earlier, the national statistics agency said, compared with 4.9% in the previous three months. Growth was faster than forecast by all 27 analysts surveyed by Bloomberg. GDP grew 2.3% from the previous quarter. (The remaining text is not included in this sample.)

ASIA

China 

Nearly every story about China’s extraordinary growth over the past 30 years asserts two things as a given: 

a. China has grown about 10% a year for 30 years, and

b. China’s long-term growth record in unsurpassed in modern history. (The remaining text is not included in this sample.)

India 

After two consecutive years of sub-5% growth, the Indian economy is expected to recover and expand 5.2% in the first quarter of this financial year, according to a Dun & Bradstreet report. (The remaining text is not included in this sample.)

Japan 

The Japanese government raised its economic growth reading for the first quarter, saying that capital spending was sharply higher than initially thought.

Gross domestic product increased at an annualized rate of 6.7% in the January to March period from the previous quarter, the Cabinet Office said, revising its initial estimate of a 5.9% expansion. The result, adjusted for price changes, marked (The remaining text is not included in this sample.)

EUROPE / AFRICA / MIDDLE EAST

Dubai 

Dubai’s economy expanded 4.6% year on year in 2013, up from 4.1% in 2012 according to Dubai Statistics Centre (DSC).

The DSC report showed that the fastest growing sector in Dubai last year was once again hospitality, which recorded 13% growth, the third consecutive year of double-digit growth in this sector. (The remaining text is not included in this sample.)

Ireland 

GDP will grow by 2% this year and 2.4% next year on the back of rising exports and the first increase in consumer spending since the recession began, according to the EY Economic Eye. (The remaining text is not included in this sample.)

Nigeria 

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said the recent rebasing of the country's gross domestic product (GDP) will support its quest to be among the top 20 nations by 2020. 

According to Emefiele, the exercise which placed the size of the Nigerian economy as first in Africa and 26th in the world would also afford the country a more positive sovereign rating by international rating agencies such as the Standard and Poor's, Fitch Ratings, (The remaining text is not included in this sample.)

Russia 

Russia's gross domestic product growth forecast of 0.5% for 2014 may be revised upwards in September due to the slowing pace of a decline in investment, Economy Minister Alexei Ulyukayev said.

"For now our official (forecast) for this year is 0.5%, but most likely we will revise it in September, most likely upwards," Ulyukayev told journalists. (The remaining text is not included in this sample.)

A complete analysis of GDP and Monthly Updates for individual countries is included as part of Industrial Valves World Markets.

OIL & GAS SALES LEAD HEADLINES

June 20, 2014

Oil and Gas Project Tracking is available at a discount to Industrial Valves World Markets subscribers.

Treatment chemicals are an important addition to most oil and gas processes. Access to details on the worldwide oil and gas projects is provided at a substantial discount to Industrial Valves World Markets report subscribers.

(Listed by most current date)

• Coal to Liquids Is Likely to Be a Low Cost Alternative  (Article Dated: 6/20/2014)
• Cost Advantages for Chinese Coal to Chemicals Plants  (Article Dated: 6/20/2014)
• EQT Midstream Partners to Acquire Jupiter Gathering System from EQT Corp for $1.18 Bln  (Article Dated: 6/20/2014)
• Exterran Awarded Compression Station in Brazil  (Article Dated: 6/20/2014)
• Eisenmann Designs Fluidized Bed Incinerator for Reliable, Eco-friendly Sludge Treatment  (Article Dated: 6/20/2014)
• Synthetic Natural Gas (SNG) and Coal to Chemicals are Going to Be Very Big in China  (Article Dated: 6/20/2014)
• BP Statistical Review of World Energy 2014  (Report Dated: 6/19/2014)
• U.S. May Be Headed for Methanol Glut by 2018  (Article Dated: 6/19/2014)
• Maine’s Summit Natural Gas Launches Cumberland, Falmouth and Yarmouth Project  (Article Dated: 6/19/2014)
• Sundyne PPI Sealless Compressors Find New Uses in Offshore Applications  (Article Dated: 6/19/2014)
• ExxonMobil Chemical Company Begins Multi-Billion Dollar Expansion Project in Baytown, Texas  (Article Dated: 6/19/2014)
• Weir Oil & Gas and MTU Agree to Jointly Develop Power Systems for Fracking  (Article Dated: 6/19/2014)
• XEBEC Adsorption Launches Natural Gas Filter Line  (Article Dated: 6/17/2014)
• EPA Issues Permit for Construction of $325 Mln Texas Natural Gas Processing Plant  (Article Dated: 6/17/2014)
• Williams Restarts Units at Wyoming Natural Gas Plant after Blast  (Article Dated: 6/17/2014
• Italy's Saipem Wins 400 Mln Euro South Stream Contract  (Article Dated: 6/17/2014)
• GE Cites 'age of gas' for its Investment in Pipelines and Infrastructure  (Article Dated: 6/17/2014)
• Atmos Energy & ZeitEnergy Introduce CNG Business and Groundbreaking in North Texas  (Article Dated: 6/13/2014)
• Foster Wheeler Awarded Contract for Incinerator in Vietnam  (Article Dated: 6/13/2014)
• Hitachi Delivers Six Sets of Compressors for Petrobras Oil and Gas FPSO  (Article Dated: 6/13/2014)
• Magellan Midstream to Build Condensate Splitter in Corpus Christi  (Article Dated: 6/12/2014)
• Nuevo Midstream Expands Delaware Basin Processing, Gathering, Treating and Compression Services  (Article Dated: 6/12/2014)
• EMAS AMC Gets LOA from Noble Energy for Gunflint Project in GOM  (Article Dated: 6/12/2014)
• Bakken Shale Oil Production to Hit 1.7 Mln Bpd in 2020  (Article Dated: 6/12/2014)
• Statoil Discovers up to 75 Mln Barrels at Valemon Nord Prospect  (Article Dated: 6/12/2014)
• Linde to Construct Ethane Cracking Units for Shell  (Article Dated: 6/12/2014)
• Japan Launches First Fracking Operations  (Article Dated: 6/12/2014)
• Wärtsilä Pumping Solutions Chosen for New North Sea Oilfield FSU  (Article Dated: 6/12/2014)
• Study Says Global Demand for Industrial Valves Forecast to increase 5.4 Percent Through 2015  (Article Dated: 6/10/2014)
• Burma Awards Offshore Oil and Gas Deals to Foreign Firms  (Article Dated: 6/10/2014)
• Sir Ian Wood’s Review Sets Out Roadmap for Future of UK Offshore Oil and Gas  (Article Dated: 6/10/2014)
• Valvitalia Wins Orders for Shah Deniz II, South Stream  (Article Dated: 6/10/2014)
• Offshore Africa Oil and Gas Market Shows Growth to 2017 Driven by New Interests  (Article Dated: 6/10/2014)
• Offshore Asia Oil and Gas Market to 2017  (Article Dated: 6/9/2014)
• Valvestock Supplies Components for New Offshore Sembmarine North Sea Platform  (Article Dated: 6/9/2014)
• Yokogawa Wins Orders for Coal/Oil Co-processing Pilot Plant and Coal Tar Hydrogenation Plant  (Article Dated: 6/9/2014)
• Serinus Energy Signs Contract for Tunisia Drilling Campaign  (Article Dated: 6/9/2014)

These sales leads are part of Oil, Gas, Shale and Refining Markets and Projects, and are issued bi-weekly.  As a subscriber to Industrial Valves World Market you receive a 30 percent discount for this service.

For more information on Oil, Gas, Shale and Refining Markets and Projects, click on:  http://home.mcilvainecompany.com/index.php/markets/28-energy/471-n049

For more information on:  Industrial Valves: World Market, click on:

http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/115-n028

NORTH AMERICAN MUNICIPAL WASTEWATER TREATMENT PLANTS MONTHLY UPDATE HEADLINES

June 2014

This monthly update is devoted to wastewater infrastructure news around the world, outside of the United States and Canada, and is meant to complement McIlvaine's Industrial Valves: World Market,

AFRICA

• Morocco:   Resort Town Selects Biwater for Wastewater Treatment and Reuse Project
• Tunisia:   Gafsa WWTP Project Will Use Biogas to Generate Power

ASIA

• China:   Malaysian Company Selected to Upgrade WWTPs in Yinchuan
• India:  New Prime Minister Modi Pledges Cleanup of Ganga River
• India:   Panel Recommends More Sewage Treatment Plants to Boost Yamuna Clean-up
• India:   Punjab Approves Sewage Projects Totaling Over US$80 Million

EUROPE

• Hungary:   Applied CleanTech Signs Franchise Agreement for Sewage Mining System
• Norway:   EnviroNor Retrofitting Oil Tankers as Floating WWTPs
• Romania:   EBRD Loan Helps Improve Water and Wastewater Services in  Hunedoara County
• UK:   Floating Fine Bubble Aeration System to be Installed at United Utilities Wastewater Plant

MIDDLE EAST

• Lebanon:   US$730 Million Plan to Clean up the Litani River Announced

For more information on:  Industrial Valves: World Market, click on:

http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/115-n028

WORLD POWER GENERATION PROJECTS

New power generation projects are tracked in two publications. Fossil and Nuclear Power Generation includes both market forecasts and project data. World Power Generation Projects has just the project data.

PRIMARY FUEL:  Gas

New power generation projects are tracked in two publications. Fossil and Nuclear Power Generation includes both market forecasts and project data. World Power Generation Projects has just the project data.

For more information on World Power Generation Projects, click on: http://home.mcilvainecompany.com/index.php/databases/28-energy/486-40ai

Bob McIlvaine
President
847 784 0012 ext 112

rmcilvaine@mcilvainecompany.com

www.mcilvainecompany.com