The power industry has been on a spending spree for new coal-fired power plants. Led by China, this spree has finally peaked but will remain at a high level thanks to India, Vietnam and Indonesia which have embarked on ambitious programs. Total purchases of pumps by the power industry will grow modestly to $3 billion next year. This is the conclusion reached by McIlvaine Company in N019 Pumps World Market. Centrifugal pumps will account for 67 percent of the purchases. Click Here For Complete News Release Text
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