Thermal

Thermal/Catalytic Insights
No. 5 June 2013

WELCOME

This bi-monthly Thermal/Catalytic Insights provide excerpts from the McIlvaine Thermal/Catalytic World Air Pollution Markets. It also provides excerpts from related publications. The market report is conceived as the traffic control on a 4 lane knowledge bridge to the purchasers and specifiers.

· See McIlvaine in Houston at Valve World Registration on the 25^th and 26^th and Hear McIlvaine in the Speakers Corner

4 lane knowledge bridge is the route to increased sales. In the digital age it is very desirable to place your vehicles on the knowledge bridge. Learn more at:

See McIlvaine in Houston at Valve World Registration on the 25^th and 26^th and hear McIlvaine in the Speakers Corner

After the successful premiere in 2011, the second staging of Valve World Americas Expo & Conference is at a larger venue to accommodate the unprecedented demand for space. The event will be held at the George R. Brown Convention Center in Houston, TX from June 25 – 26, 2013.

At the conference and expo, attendees will get an extensive overview of technical innovations concerning valves, valve-related products and valve–related piping products, seals and sealing materials as well as engineering, LDAR (Leak Detection and Repair) software, S.I.S and services.

McIlvaine Company will have a table top display next to registration and will also be providing four presentations as follows:

Robert McIlvaine is the CEO of the McIlvaine Company - a market research, publishing and consulting company which publishes Industrial Valves: World Markets. In his presentation, Exploring the Future for the Industrial Valve Industry, McIlvaine will provide forecasts for the valve industry in the future segmented by industry, geography and valve type. Major factors affecting the growth will be analyzed. They include - Disparate regional growth, Environmental regulatory trends, Safety and other regulatory trends, Energy sources of the future, Growth through consolidation, Impact of China as both a purchaser and supplier, Expansion of “smart valve” revenues, New pressure, temperature and corrosion prevention needs and New applications from ballast water treatment to shale gas. The presentation will be divided into four topics:

For information about attending the conference at Valve World Americas Conference 2013, contact KCI Publishing, Mr. Christian Borrmann, Tel. +31 575 585-276; e-mail: c.borrmann@kci-world.com

· Seair Announces New Dewatering Operations Contract at Major Oil Sands Project (Contract Dated: 6/10/2013)

· Jackpine Mine Expansion Application Faces another Delay (Proposal Dated: 6/7/2013)

· Alberta’s Annual Figures Reveal Syncrude Leads among Greenhouse Gas Emitters (Overview Dated: 6/7/2013)

· Competition Awaits Arrival of Alberta’s Bitumen on U.S. Gulf Coast (Analysis Dated: 6/7/2013)

· Sunshine Oilsands to Recycle 98 Percent of Produced Water with GE's Evaporation Technology (Overview Dated: 6/7/2013)

· Canada Launches Project to Convert Oilsands Emissions to Biofuels (Project Dated: 6/7/2013)

· Pipelines on Hold in Canada Cause Oil Storage Services Boom (Article Dated: 6/7/2013)

· Enbridge to Expand Infrastructure at Its Alberta Cheecham Oil Sands Terminal (Project Dated: 6/6/2013)

· ExxonMobil Singapore Petrochemical Complex Undergoes Expansion (Project Dated: 6/6/2013)

· TransCanada Delays Planned Keystone XL Start as It Waits for Approval (Article Dated: 6/6/2013)

· Enbridge Chief Seeks Loosening of Energy Regulations (Article Dated: 6/6/2013)

· ConocoPhillips Changes Plans to Sell Canadian Oil-Sands Assets (Article Dated: 6/6/2013)

· U.S. NGL Infrastructure and Production Expansions Follow Shale Development (Analysis Dated: 6/6/2013)

· UOP to Provide Technology for World's Largest On-purpose Propylene Production Facility (Project Dated: 6/5/2013)

· Petronas Says Decision on $20 Bln Petrochemical Project Delayed to 1Q 2014 (Project Dated: 6/5/2013)

· BASF TOTAL SE Texas Steam Cracker Processing Ethane from Shale Gas (Article Dated: 6/5/2013)

· Asia Presents Different Perspective on U.S. Shale Gas and Petrochemicals Impact (Analysis Dated: 6/5/2013)

· Sembcorp Postpones 2nd Jurong Island Cogen Plant and Pushes Ahead with Waste-to-Energy Plant (Article Dated: 6/5/2013)

· Oman’s Orpic Plans to Select Tech Provider for $3.6 Bln Sohar Project (Project Dated: 6/5/2013)

· Egyptian Contractor PetroJet, Secures Petro Rabigh Contract (Contract Dated: 6/5/2013)

· Linde North America Plans Natural Gas-Based Syngas Complex in SE Texas (Project Dated: 6/5/2013)

· Shell Plans to Expand Petrochemical Investment in Singapore (Investment Dated: 6/4/2013)

· Orascom Construction to Expand Texas Methanol, Ammonia Complex (Project Dated: 6/4/2013)

· Rosneft, Mitsui Plan Russia Far East Olefins Project (Project Dated: 6/4/2013)

· Sasol Awards Toyo FEED for Louisiana LLDPE Project (Contract Dated: 6/4/2013)

· Total to Modernize Antwerp Refining and Petrochemical Production Facilities (Project Dated: 6/4/2013)

· KBR Wins Turnaround Work for U.S. Gulf Pygas Plant (Contract Dated: 6/4/2013)

· Wildcat Point Generation Facility-Old Dominion Electric Coop (Project Dated: 5/29/2013)

· Technip, in Consortium with JGC, Awarded the Yamal LNG Project in Russia (Contract Dated: 5/29/2013)

· Siemens to Supply Gas Turbines, Compressors for Malaysia LNG Project (Contract Dated: 5/29/2013)

· Dresser-Rand Features High-efficiency Technologies at LNG 17 Conference and Exhibition (Exhibitor Dated: 5/29/2013)

· Black & Veatch, Chemtex Start Eighth LNG Facility in China, Sixteen more in Development (Project Dated: 5/28/2013)

· Excelerate Energy Files with FERC for the Puerto Rico Aguirre Offshore GasPort LNG Facility (Project Dated: 5/28/2013)

· GE Oil & Gas to Power Cove Point LNG Project in Maryland (Contract Dated: 5/28/2013)

· Excelerate Energy Signs Up for Ukraine's $1 Bln FSRU LNG Terminal Project (Project Dated: 5/28/2013)

· Woodside Seeks to Finalize $1.2 Bln Israeli Leviathan Gas Deal by June (Purchase Dated: 5/28/2013)

· Rosneft & ExxonMobil Could Build $15 Bln LNG Plant in Russia (Agreement Dated: 5/28/2013)

· Intertek Addresses Growing Demands and Trends in LNG Industry (Analysis Dated: 5/28/2013)

· GE's Power Conversion Signs $80 Mln in FSRU Electric and Propulsion Systems Contracts (Contract Dated: 5/27/2013)

· Air Products Wins LNG Heat Exchanger Contract from Petronas (Contract Dated: 5/27/2013)

· GE Technology to Power Cove Point Liquefaction Project (Contract Dated: 5/24/2013)

· Australia to Be Largest or Second-Largest LNG Exporter by 2018 (Article Dated: 5/24/2013)

· Veolia Wins $844 Mln LNG Water Treatment Contract from BG Group (Contract Dated: 5/24/2013)

· Green Field Energy Exclusively Uses LNG to Power Hydraulic Fracturing At Eagle Ford Shale Play (Article Dated: 5/24/2013)

· Japan, India Invest in U.S LNG with Dominion Energy Agreements (Agreement Dated: 5/22/2013)

· JGC Awards Ebara Cryodynamics Contract for Malaysia LNG Train 9 Project (Project Dated: 5/22/2013)

· ABB to Provide Process Analyzers for Cheniere Energy’s Sabine Pass LNG Project (Project Dated: 5/22/2013)

· Keyera, Plains Midstream Explore Deep Basin Alberta NGL Pipeline (Project Dated: 5/22/2013)

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

For more information on Thermal/Catalytic World Air Pollution Markets, click on:

AMERICAS

Real gross domestic product (GDP), the total output of goods and services in the U.S., increased at an annual rate of 2.4% in the first quarter of 2013, the Bureau of Economic Analysis announced.

This is the first revision for Q1 GDP and a slight decrease from original estimates of an annual growth rate 2.5%.

“With the second estimate for the first quarter, increases in private inventory investment, in exports, and in imports were less than previously estimated, but the general picture of overall economic activity is not greatly changed,” the report reads.

“The increase in real GDP in the first quarter primarily reflected positive contributions from personal consumption expenditures (PCE), private inventory investment, residential fixed investment, nonresidential fixed investment, and exports that were partly offset by negative contributions from federal government spending and state and local government spending,” the report adds.

Imports, a subtraction in the calculation of GDP, also increased according to the report.

The increase in Q1 GDP – unlike Q4’s paltry 0.4 – was driven by accelerations in private inventory investment, PCE, decreases in fed spending, and an upturn in exports that were “partly offset by an upturn in imports” and a “deceleration in nonresidential fixed investment.”

Real personal consumption expenditures increased 3.4% in the first quarter, compared with an increase of 1.8% in the fourth, the report notes…………Remaining text not included in this sample.

Canada

“Just as the financial crisis triggered an atypical recession, the recovery cycle is unusual,” Mr. Poloz said in prepared remarks for the House of Commons Finance Committee. “We need to see the reconstruction of Canada’s economic potential, and a return to self-sustaining, self-generating growth.”

Mr. Poloz’s remarks were broad, offering little insight on whether he will push for a shift in the central bank’s current policy stance. He called the central bank’s inflation target “sacrosanct” and echoed long-standing central bank doctrine the exchange rates should be determined by market forces.

There is a view among some market participants that Mr. Poloz could take a different view on the dollar than his predecessor, Mark Carney, whose tenure at the Bank of Canada ended on the weekend. Mr. Poloz, who was leading Canada’s export finance agency when he was selected to lead the central bank, has boasted of visiting some 70 executives in 2012. That closeness to exporters has caused some to wonder if the new central bank governor might have more sympathy for their concerns about a stronger currency.

If that’s true, it wasn’t evident. Mr. Poloz said the exchange rate has little impact on the sales because those are determined by contracts between buyer and seller. If the exchange rate changes in the meantime, “the only thing that changes is the amount of money the company gets,” in other words, profit margins, Mr. Poloz said.

The committee hearing offered the first opportunity for financial markets to assess Mr. Poloz, a surprise choice over Tiff Macklem, the No. 2 at the Bank of Canada who had built a sterling reputation as one of Canada’s most effective performers during the financial crisis. When Finance Minister Jim Flaherty introduced the new governor of the Bank of Canada last month, he offered no detailed explanation of why he had determined that Mr. Poloz was best suited for the job.

Questions from Conservative members of Parliament offered a clue. Brian Jean from Alberta and Cathy McLeod from British Columbia remarked on Mr. Poloz’s experience at Export Development Canada, which he joined in 1999 as chief economist, rising to chief executive in 2011. “I can’t think of anyone better suited for the job,” said Mr. Jean. “You’re quite a success story.”……. Remaining text not included in this sample

Latin America

Mexico’s economy will grow 2.96% this year, according to the median estimate in the central bank’s monthly survey published today, compared with the 3.35% estimated in the previous poll. Brazil economists cut their growth forecast for a third week to 2.77 percent, according to the central bank’s weekly survey of about 100 analysts.

Growth in the two economies that make up almost two thirds of Latin America’s gross domestic product slowed in the first quarter as exports weakened and domestic demand remained sluggish. Mexico’s central bank will probably cut interest rates for a second time this year, while Brazil is raising rates as inflation accelerates, said Marcelo Salomon, the co-head of Latin America economics at Barclays Plc.

ASIA

Australia

Australia's economic growth was sluggish in the March quarter, and that pace is likely to continue as the peak in mining investment looms.

Gross domestic product (GDP) grew by 0.6% in the first three months of the year, the Australian Bureau of Statistics said, below the market forecast of 0.8%.

The annual pace of growth was 2.5%, the first time it was below 3% since the last quarter of 2011.

There is evidence from the data that Australia's mining boom is moving into a new phase.

In recent years, a lot of mining and resource projects have been under construction, which was the main driver of economic growth.

That boom is expected to peak sometime in the next 12 months, but those new projects will start production and there will be a lift in exports.

It is also hoped there will be a lift in other sectors of the economy like home construction and retail spending, helped by the falling Australian dollar and lower interest rates.

JP Morgan chief economist Stephen Walters said the contribution from mining investment in the March quarter was fading with output in the mining state of Western Australia diving..…………… Remaining text not included in this sample

India

Global brokerage Morgan Stanley said the Indian economy has come out of the trough and will grow at 6% in the current fiscal.

Sounding bullish on the stock markets, it pegged the Sensex target at 23,000 by December.

"We are confident that the economy has come out of the furrow, though the recovery will be gradual beginning the second half, and will close the fiscal at 6%," Morgan Stanley Asia Pacific economist Chetan Ahya said.

He has based his optimism on the recovery in exports which have been rising since January, apart from the election-related spends that will help drive consumption. He also pointed to the positive vibes since September last, which could help revive investments…………... Remaining text not included in this sample

A complete analysis of GDP and monthly updates for individual countries are included as part of Thermal/Catalytic World Air Pollution Markets. For more information on Thermal/Catalytic World Air Pollution Markets, click on:

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 Thermal/Catalytic World Air Pollution Markets.

For more information on Thermal/Catalytic World Air Pollution Markets, click on:

The free news options from McIlvaine have been narrowed in number but expanded in content. The net result is increased value. There are two types of bi-weekly publications. One type is industry focused. There are (7) seven of these including:

Cleanroom Insights
Click here to see a sample

Oil & Gas Insights
Click here to see a sample (Power Quality Insights and Municipal Wastewater. The choices that are now available are shown.

These Insights have two purposes. One is to increase knowledge of both end users and suppliers. The second is to provide a medium for our clients to reach the purchasers.

These Insights have three purposes. One is to increase knowledge of suppliers of the product as well as components and services used with the product. The second purpose is to alert the audience to the value of the market reports and databases McIlvaine publishes about the product. The third purpose is to allow our component clients to reach the product suppliers.

You can sign up for as many of these as you choose at: Free Insights (a weekly email publication)

Here is a way for suppliers to make sure that we list the right products for each of the subsidiaries. The McIlvaine networking directory is unique because it displays the specific products for each subsidiary or division. It is also unique because it is carefully structured and, therefore, much more valuable to prospects. All companies are first displayed by their financial entity number, so the purchaser can see the names of all your divisions and international offices. The next division is by service. One service is Fabric Filters and another is Cartridges, etc. If you supply media for both, you should be listed in both services.

It is a networking directory because it is more than just a source guide for purchasers. People who you list in the directory will have the opportunity to volunteer information and otherwise network with prospects and consultants.

Record your power point presentations to customers and view them on Google, you tube, your website and the McIlvaine Global Decisions Orchard.

The most valuable promotional information on your company’s products is very likely on the power points your sales people are displaying. All it takes is an additional hour to record the presentation through the McIlvaine web recording system. McIlvaine people can act as hosts in English, Chinese or other languages. A few timely questions make the presentation much more interesting. The costs of brochures in multiple languages are far greater and the coverage of the subject less complete. The conversion of the recording to DVD and YouTube plus links to your website and our Global Decisions Orchard ensure lots of viewing. More information on this is available by contacting McIlvaine or 4 lane knowledge bridge to the end user.