Industrial Valve Insights No

· Using McIlvaine Reports and Sales Leads as a Collaborating Tool for Disparate Geographies and Divisions

The recently released gross domestic product quarterly report shows a sluggish but improved economy. Markets responded with a day that saw little change in value.

The advance estimate of real GDP expanded at a seasonally-adjusted annualized rate of 2.5%, according to the U.S. Department of Commerce, falling short of analysts’ expectations of 3%, but much improved over the previous quarter’s 0.4% growth. GDP measures the nation's total output of goods and services. The Commerce Department will release an adjusted first quarter report on May 30.

BBVA Compass, a financial services firm, estimated a first quarter GDP growth of 2.3 or 2.4%. “We are more pessimistic than the majority of analysts,” Kim Fraser, an economist at BBVA Compass, said. “Personal consumption and employment were strong in January and February, but slowed dramatically in March. Employment was down drastically,” she said.

The increase in the first quarter was due to rises in personal consumption, business inventory, equipment and software, and housing investment, according to the Commerce Department’s report.

“Consumption was stronger than expected, and housing was a strong mover,” Fraser said.

Imports increased, which resulted in a lower GDP, but economists like Fraser see an upside to this. “Imports may be an encouraging sign,” she said, referencing the fact that they indicate an increase in consumer spending.

Another factor responsible for lower than expected GDP growth was a decrease in spending by local, state and federal governments.

Most of the effects of sequestration, the drastic across the board cuts to federal spending, have yet to be felt in the economy, but defense spending declined 11.5%, which kept the first quarter GDP growth from reaching 3%, according to BMO Capital Markets Senior Economist Sal Guatieri. “Federal defense spending carved 0.6 percentage points from growth,” he wrote in a report.

Both Fraser and Guatieri believe the sequestration cuts will have more of an effect in the second quarter. Despite this, Guatieri predicted, “While sequestration will slow GDP in Q2, we still expect growth to top 3% in the second half of the year amid improved household finances, pent-up demand for autos, and the long-running housing market recovery.”

Mexico

The outlook for economic growth and inflation in Latin America's second-largest economy this year has deteriorated among private-sector economists, according to a Bank of Mexico survey.

Analysts see the country's economy expanding 3.35% in 2013, according to the average estimate of the central bank's April survey, down from the 3.46% expected in the previous month's poll.

Mexico's annual inflation is seen rising 3.9% this year, up from the previous estimate of 3.75%. Thirty-three local and foreign banks and consultancy firms responded to the April survey.

The central bank's survey showed economists maintain a glum view of Mexico's growth as sluggish global demand, particularly in the U.S., is already affecting Mexico's export engine.

The government itself sees first-quarter GDP growth slowing to an annual rate of 1%, the lowest since the recession of 2009, with an economic recovery expected to happen in the second half of the year.

Price worries have recently increased in Mexico after 12-month inflation rose to 4.72% in the first half of April, the highest level in seven months. The central bank has said it is a temporary uptick caused by volatile agricultural prices.

Lower growth and higher inflation led Mexico's central bank to stand pat on rates in its last policy meeting in late April, keeping a neutral tone. The bank already cut the key overnight interest rate by 50 basis points to 4% in its March decision.

ASIA

India

Projecting a modest pick-up in economic activity in the coming months, Reserve Bank today pegged GDP (Gross Domestic Product) growth rate for the current fiscal year at 5.7%, significantly lower than the Finance Ministry's forecast of 6.1 to 6.7%.

"The Reserve Bank's baseline projection of GDP growth for 2013-14 is 5.7%. The bank's current assessment is that activity will remain subdued during the first half of this year with a modest pick-up in the second half, subject to appropriate conditions ensuing," RBI said in its annual monetary policy review for 2013-14.

India's economy grew by 5% in the last fiscal year, lowest in a decade, because of poor performance of manufacturing, agriculture and services sector.

The RBI's current fiscal year's growth estimate of 5.7% is much lower than the finance ministry's growth projection of 6.1-6.7% and Prime Minister's Economic Advisory Council's growth projection of 6.4% for 2013-14.

It is also lower than the World Bank's growth projection, which predicted the Indian economy to grow by 6.1% in 2013-14 on account of robust domestic demand, strong savings and investment rate.

Not happy with RBI's growth projection, Planning Commission Deputy Chairman Montek Singh Ahluwalia had described its outlook as 'pessimistic'.

"Reserve Bank is clearly more pessimistic than the government is. I think that the government forecast as of now is feasible. ……………………………Remaining text not included in this sample.)

Asian Companies Emerging as Suppliers of Continent’s Fast Growth Chemical Industry

Evonik and OPX Biotechnologies Signs Development Agreement for Bio-based Chemicals

Chemical Industry Forecasts and Updates are included as part of Industrial Valves: World Markets.

Sales Lead Data Search by Titles
(Listed by most current date) Detailed project information is available separately under “Oil, Gas and Refining Sales Leads.”

American Chemistry Council Chief Predicts Chemical Manufacturing Boost for West Virginia

Chevron Sees Continued Benefits from Downstream Integration with Refining and Chemicals

Jacobs Engineering to Design Sulfuric Acid Regeneration Plant for Chinese Company (Contract Dated: 4/30/2013)

Aquatech Awarded Contract by ETHYDCO for Egypt's First Integrated Zero Liquid Discharge Plant (Contract Dated: 4/30/2013)

SNC-Lavalin Wins HFG Engineering Contract for Statoil's North Sea Gina Krog Field (Contract Dated: 4/12/2013)

Ten Year Plan Upgrades Natural Gas Infrastructure in Central and Southern Illinois

Chiyoda and Consolidated Contractors Establish JV Company to Target Middle East Market (Article Dated: 4/12/2013)

Aquatech Awarded Permit to Operate Water Treatment Facility In PA for Shale Gas Producers

ABB Wins $15 Mln MEC Oil and Gas Contract at Ichthys Oil and Gas Field Australia

Honeywell's UOP Introduces Membrane Element to Improve Natural Gas Processing Capacity

LiqTech, FMC Enter Exclusive Agreement for Development of New Water Treatment Systems (Agreement Dated: 4/11/2013)

Aker Awarded $850 Mln Moho Nord Subsea Production System Contract Offshore Congo (Project Dated: 4/10/2013)

Aker Solutions Gets Second Petrobras Deepwater Subsea Tree Call plus New Frame Agreement

Punj Lloyd Awarded $57.75 Mln Oil Transmission Line EPC Contract Offshore Saudi Arabia

Yukon Issues Draft Regulations for Prospect of Natural Gas Increase in Electricity Generation

Ireland Start-Up Wins U.S. Order for New Technology to Store, Separate and Capture Gases (Order Dated: 4/9/2013)

Rangeland Energy Acquires Land in SE New Mexico for Large Crude Oil & Frac Sand Terminal

American Power Wins $900,000 Order to Upgrade and Convert Pumps Used for Hydraulic Fracturing (Order Dated: 4/8/2013)

OriginOil and PearlH2O Challenge Halliburton’s Produced Water and Frack Water Cleaning Costs

Major Resources Services Contractors Benefit from Rapid Growth of Projects in Australia

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 Markets you receive a 30 percent discount for this service.

Survalent Technology Commissions New Electric/Water SCADA System for Easley Combined Utilities

Fluid Bed & Stoker Fired Boiler Operations and Performance Conference - May 20-22, 2013

Metso Providing Kuopion Energia in Kuopio, Finland, with Combustor to Burn Pulverized Peat

Metso will supply Jönköping Energi’s Combined Heat and Power (CHP) Plant in Torsvik, Sweden with Biomass Boiler

Metso-supplied World’s Largest Biomass Gasification Plant Inaugurated in Finland

Metso to Supply Biomass Power Plant for Vimmerby Energi & Miljö in Sweden for Green Energy Production

Metso to Supply Biomass-Fired Heating Plant for District Heat Production to Savon Voima in Finland

Metso’s Biomass-fired Heating Plant Delivery will increase the Production of Green Energy in Line with Savon Voima’s Strategy

Cambria Cogen is one of 20 CFB Combustors Burning Coal Refuse and which may Remove HCl but Increase Mercury

Will Industrial Boiler Owners spend $5 Billion or $12 Billion to meet the New Industrial Boiler MACT? – Hot Topic Hour March 21, 2013

Power Industry to Spend more than $22 Billion for Water Flow and Treatment Next Year

Innovative Product Meets Strict Standards to Deliver Effective Solutions in Environmentally Sensitive Water

For more information on Water & Wastewater Treatment Chemicals: World Market, click on:

Using McIlvaine Reports and Sales Leads as a Collaborating Tool for Disparate Geographies and Divisions

Here is a program to boost sales without adding employees .The KOC strategy empowers individuals based on a system which is built on knowledge + organization + collaboration. With access to the best information and with a system which encourages initiatives from the individuals, collaboration is a natural result. This approach has many advantages over orchestrated collaboration. Less management time is needed and the results are better.

New power plant projects are tracked continuously and revised start-up summaries are published monthly. Here are plants starting up in 2014.

Fuel	Total Size (MW)
Biomass	150
Coal	150
Coal Gas	582
Gas	8931

Fuel	Project Name	Size (MW)
Biomass	Warren County biomass-fired power plant-Oglethorpe Power, GA	100
Biomass	Woodville-East TX Electric Coop, TX	50
Coal	Champion waste coal-fired CFB plant-Robinson Power, PA	150
Coal Gas	David M Ratcliffe (Liberty) IGCC-Mississippi Power, MS	582
Gas	Channel expansion-Calpine, TX	260
Gas	Cheyenne Prairie combined cycle power plant-Cheyenne Light, Fuel & Power, WY	130
Gas	Deer Park expansion-Calpine, TX	260
Gas	Dover combined cycle (Cricket Valley)-Advanced Power Services, NY	1000
Gas	Ferguson combined cycle power plant-LCRA, TX	540
Gas	Gilcrist County power plant-Seminole Electric, FL	1000
Gas	Gloucester County combined cycle-West Deptford Energy LLC, NJ	738
Gas	Haynes 5,6 repower-Los Angeles DWP, CA	600
Gas	Kalama Energy Center--Energy Northwest plant, WA	346
Gas	Lake Side 2 combined cycle expansion-PacifiCorp, UT	637
Gas	Nelson combined cycle plant-Invenergy, IL	600
Gas	Red Gate power plant-South Texas Electric Coop., TX	225
Gas	Riviera Beach combined cycle-Florida Power & Light, FL	1250
Gas	Rubart Station-Mid-Kansas Electric Co., KS	110
Gas	Sherman combined cycle power plant-Panda, TX	750
Gas	Watson Cogen Reliability Project, CA	85
Gas	Westfield (Pioneer Valley Energy) combined cycle power plant, MA	400

Fuel	Total Size (MW)
Biomass	835
Coal	60467
Gas	51355
Liquefied Natural Gas	4600
Nuclear	17010
Oil	5208

Fuel	Project Name	Size (MW)
Biomass	Drax biomass power project (Ouse Renewable Energy Plant), UK	290
Biomass	Portbury Dock Renewable Energy Plant-E.ON, UK	150
Biomass	Torsvik cogen power plant-Jonkoping Energi, Sweden	100
Biomass	Tyne Renewable Energy Center-MGT Power, UK	295
Coal	ACB India Chhattisgarh power plant, India	900
Coal	Adani Power Ltd. project in Chhindwara district, India	1320
Coal	Adilabad mine mouth power plant-Singareni Collieries Co. Ltd., India	1200
Coal	Amravati power plant-Elena Power & Infrastructure Ltd., India	1350
Coal	Angul captive power plant-Jindal Steel and Power, India	400
Coal	Anuppur--Moser Baer Phase 1 power project, India	1200
Coal	Bali Phase I power plant-China Huadian Group, Indonesia	426
Coal	Banka district (Siriya) supercritical-Jas Infrastructure (Abhijet), India	1320
Coal	Barangay Putting Bato West power plant-Trans-Asia Oil, Philippines	135
Coal	Barauni TPS expansion (1,2)-BSEB, India	500
Coal	Bargarh region power plant-Uttar Pradesh Power Corp., India	600
Coal	Barh I-National Thermal Power Corp., India	1980
Coal	Bellary 3 (Yaramaras) supercritical expansion-Karnataka Power Corp., India	700
Coal	Bengkayang power plant-PLN, Indonesia	100
Coal	Bokaro 4 supercritical power plant-Damodar Valley Corp., India	500
Coal	Bongaigaon power project-NTPC, India	750
Coal	Bow City Power Project-Bow City Power Ltd., Canada	500
Coal	Calaca CFB power plant-AC Energy Holdings/Trans-Asia Oil & Energy Dev. Corp., Philippines	135
Coal	Chalna-Bangladesh Power Development Board/NTPC, Bangladesh	1320
Coal	Champa supercritical power project-Moser Baer, India	1320
Coal	Chandwa (Matrishri Usha Jayaswal)-Tata Power/Abhijeet (JAS Infrastructure), India	1080
Coal	Enugu-Minaj Holdings Ltd. power project, Nigeria	600
Coal	Gardabani power plant-Georgia Partnership Fund, Georgia	230
Coal	Global Business Power plant expansion in Toledo City, Philippines	82
Coal	Global Powmin power plant, India	2640
Coal	Haldia power plant-RPG Group (CESC), India	600
Coal	Ib Valley 3,4--AES/Orissa State Electricity Board expansion, India	1320
Coal	Jeneponto expansion-Bosowa Group, Indonesia	300
Coal	Jorf Lasfar expansion (5,6), Morocco	700
Coal	Kalimantan power plant with aluminum smelter-NALCO, Indonesia	1250
Coal	Kosovo C, Kosovo	500
Coal	Krishnapatnam Phase 1-Thermal Powertech Corp. India, India	1320
Coal	Mao Khe-Vinacomin, Vietnam	440
Coal	Mindanao expansion-Aboitiz Power/Evonik Steag, Philippines	150
Coal	Moorburg 1,2-Vattenfall Europe, Germany	1640
Coal	Muara Enim (South Sumatra 6) power plant-PT Bumi Resources Indonesia, Indonesia	600
Coal	Mundra supercritical power plant-Adani Power, India	4620
Coal	Muzaffarpur Stage II-NTPC and BSEB, India	390
Coal	Nandikur power plant expansion-Udupi Power Corp., India	1200
Coal	Nava Bharat Ventures power plant, Zambia	300
Coal	Nawapara power plant-TRN Energy, India	600
Coal	Negros Occidental power plant-Global Business Power Corp., Philippines	80
Coal	Nghi Son Economic Zone (Cong Thanh) 1 power plant-EVN, Vietnam	600
Coal	Norochcholai power plant, Sri Lanka	900
Coal	Parli TPP Stage III-Mahagenco, India	250
Coal	Puttalam power project-Ceylon Electricity Board, Sri Lanka	900
Coal	Raipur supercritical power plant-GMR Energy, India	1370
Coal	Rajpura supercritical power plant-Punjab State Electricity Board, India	1320
Coal	Rio Turbio CFB power plant-Yacimientos Carboniferos Rio Turbio, Argentina	240
Coal	RioZim power project, Zimbabwe	1200
Coal	Safi IPP-ONE, Morocco	1300
Coal	Sarkhadi Phase I supercritical power plant-Gujarat State Electricity Corp., India	1600
Coal	Seival project-MPX Energia/E.On project, Brazil	600
Coal	Sirkali power plant-Neyveli Lignite (NLC), India	2000
Coal	Surat--Gujarat Minerals Dev. Corp., India	125
Coal	Talcher power project-Lanco Infratech, India	1320
Coal	Talwandi Sabo (Banwala) power project-Punjab State Electricity Board, India	2640
Coal	Tori II power project-Essar Energy, India	600
Coal	Tuticorin expansion-Neyveli Lignite Corp./Tamil Nadu Elect. Board, India	500
Coal	Vidarbhar region supercritical power plants-Lanco Infratech, India	1320
Coal	Vinh Tan 3.2-Vietnam Electricity (EVN)/One Energy, Vietnam	1244
Coal	Visakhapatnam (Vizag) TP-Hinduja National Power Corp., India	1040
Coal	Wilhelmshaven 2-E.ON, Germany	500
Coal	Yeongheung 5,6, South Korea	1600
Gas	Al Shuweihat power and desalination expansion-Abu Dhabi Water & Electricity, United Arab Emirates	1600
Gas	Amara power plant, Iraq	500
Gas	Arun power plant-PLN, Indonesia	200
Gas	Az Zour steam tail addition-Al Ghanim International, Kuwait	400
Gas	Baiji power plant--Iraqi Ministry of Electricity, Iraq	1014
Gas	Baixada Fluminense power plant-Petrobras, Brazil	550
Gas	Baja California II-Comision Federal de Electricidad, Mexico	134
Gas	Banyan district combined cycle power plant-Sembcorp, Singapore	400
Gas	Bengkanai power plant-PLN, Indonesia	280
Gas	Bibiyana 3 combined cycle-Power Development Board, Bangladesh	450
Gas	Calabar Cross River State power plant-Essar African Holdings, Nigeria	600
Gas	Caridad II-Minera Mexico, Mexico	250
Gas	Centro combined cycle-CFE, Mexico	640
Gas	Chana combined cycle expansion (2)-EGAT, Thailand	800
Gas	Cherepetskaya combined cycle power plant-E4 Group, Russia	400
Gas	Chiba expansion-Tokyo Electric Power, Japan	500
Gas	Coolimba gas-fired project-Aviva and AES, Australia	360
Gas	Coryton power plant-InterGen, UK	900
Gas	Dhuvaran III power project-Gujarat State Electricity Corp. (GSECL), India	375
Gas	Diamantina 1 combined cycle-APA Group/AGL Energy, Australia	240
Gas	Dibis expansion-Kirkuk power plant, Iraq	320
Gas	Dongducheon combined cycle-Dongducheon Dream Power, South Korea	1900
Gas	El Faro-Shougang Generacion Electrica (Shougesa), Peru	300
Gas	El Tebbin power plant-Middle Delta Electricity Production Co., Egypt	750
Gas	Erbil conversion to combined cycle, Iraq	500
Gas	Erzin district combined cycle power plant-Akenerji, Turkey	900
Gas	Eurostar power plant-MetCap, Turkey	878
Gas	Giza North combined cycle-Cairo Electricity Production Co., Egypt	1500
Gas	Great Island combined cycle-SSE, UK	460
Gas	Hiranandani Group power project, India	2500
Gas	Jebel Ali P (Hassyan)-Dubai Electricity & Water Authority, United Arab Emirates	1600
Gas	Jiyeh power plant, Lebanon	78
Gas	Kakogawa works power plant-Kobe Steel, Japan	600
Gas	Khormala Phase I combined cycle power plant, Iraq	640
Gas	Kimanis combined cycle power plant-Petronas Gas and Yayasan Sabah, Malaysia	300
Gas	Kirikkale combined cycle power plant-Eser Holding and Acwa Power, Turkey	800
Gas	Kodda combined cycle-Rural Power Co., Bangladesh	750
Gas	Leverkusen combined cycle power plant-Repower, Germany	430
Gas	Maranhao state combined cycle power plant-MPX Power, Brazil	500
Gas	Maua 3 combined cycle power plant-UTE, Brazil	580
Gas	Mittelsburenpower plant-Gemeinschaftskraftwerk Bremen, Germany	440
Gas	Noida combined cycle-Noida Power Co., India	400
Gas	Nong Saeng District independent power project--J Power, Thailand	1600
Gas	Ogorodny Proezd-Novomoskovskaya, Russia	600
Gas	Pocheon combined cycle, South Korea	1600
Gas	Pohang Works expansion-POSCO, South Korea	290
Gas	Port Harcourt, Nigeria	420
Gas	Power Generation Supply power plant, Thailand	1600
Gas	Qurayyah combined cycle conversion-Saudi Electric Co., Saudi Arabia	1241
Gas	Qurayyah combined cycle IPP1, Saudi Arabia	4000
Gas	Ressano Garcia power plant-Gigawatt-Mozambique, Mozambique	175
Gas	Sasol/EDM power project, Mozambique	140
Gas	Severnaya 2 combined cycle-Azerenerji OJSC, Azerbaijan	400
Gas	Shimal 2 combined cycle, Azerbaijan	400
Gas	Shuweihat 3 power project-Abu Dhabi Water & Electricity Authority, United Arab Emirates	1600
Gas	Siddhirganj combined cycle-Electricity Generation Co. of Bangladesh, Bangladesh	340
Gas	Sur combined cycle plant-Oman Power and Water Procurement, Oman	2000
Gas	Swaida combined cycle plant-Iran Power Plant Projects Management Co., Syria	470
Gas	Talimarjan combined cycle power plant, Uzbekistan	800
Gas	Thornton Cleveleys combined cycle power plant-Wyre Power, UK	850
Gas	Three Springs open cycle power project-ERM Power, Australia	330
Gas	Tripoli West expansion-Gecol (General Electricity Co. of Libya), Libya	1400
Gas	Tuaspring combined cycle plant, Singapore	411
Gas	Tzafit combined cycle-Dalia Power Energies, Israel	835
Gas	Ubungo Dar es Salaam power plant-Tanzania Electric Supply Co Ltd., Tanzania	1000
Gas	Wasit cogeneration plant-Saudi Aramco, Saudi Arabia	750
Gas	Yarima combined cycle plant-BHP Billiton, Australia	190
Gas	Zouk power plant, Lebanon	194
Liquefied Natural Gas	Bidadi combined cycle-Karnataka Power Corp., India	1400
Liquefied Natural Gas	Joetsu combined cycle power plant-Chubu Electric, Japan	2400
Liquefied Natural Gas	Wang Noi 4 expansion-Egat, Thailand	800
Nuclear	Fangjiashan 1,2, China	2000
Nuclear	Fuqing 1,2 nuclear power plant-China National Nuclear Corp., China	2000
Nuclear	Mochovce 3,4 nuclear power plant-Slovenske Elektrarne, Slovakia	810
Nuclear	New Korea 3 nuclear power plant, South Korea	1340
Nuclear	Ningde 1,2 nuclear power plant-Datang Inter. Power/Guangdong Nuclear Power, China	2160
Nuclear	Sanmen 1, 2 nuclear power plant-State Nuclear Power Technology Co., China	2500
Nuclear	Shin Kori 3 and 4 nuclear power plant, South Korea	2700
Nuclear	Taishan 1,2 nuclear power plant-EDF/China Guangdong Nuclear Power Corp., China	3500
Oil	Al Manakher power plant-Amman Asia Electric Power, Jordan	573
Oil	Meghnaghat 2-Bangladesh Power Dev. Board, Bangladesh	335
Oil	Rabigh II expansion Stage 6-Saudi Electricity Co., Saudi Arabia	2800
Oil	Rumaila-Basra power plant-Iraqi Ministry of Electricity, Iraq	1500

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, click on: Fossil & Nuclear Power Generation: World Analysis & Forecast

AMERICAS

United States

Mexico

ASIA

India