IN FOCUS

The market for cross-flow membrane systems and membrane modules will grow by over 20 percent from 2015 to 2019 at oil prices of $80/barrel during the period and Chinese economic growth of 7 percent per annum. At $40/barrel and 2 percent economic growth in China, the world cross-flow growth will only be 15 percent. These are the latest forecasts in N020 RO, UF, MF World Market published by the McIlvaine Company.

According to a report published by the McIlvaine Company, China will spend more than $1.7 billion for power plant air and water monitoring in 2015. This represents 40 percent of the world s power plant air and water monitoring purchases.

The pump industry will grow by 17 percent from 2015 to 2019 at oil prices of $80/barrel during the period. At $40/barrel, the growth will only be 3 percent. These are the latest forecasts in Pumps World Markets published by the McIlvaine Company.

The pump Group doubles the profitability and has achieved sales growth during the first half of 2015. The results are in line with the ambitions.

The market for industrial valves will grow by 16 percent from 2015 to 2019 at oil prices of $80/barrel during the period. At $40/barrel, the growth will only be 9 percent. These are the latest forecasts in N028 Industrial Valves: World Market published by the McIlvaine Company.

The world market for ultrapure water (UPW) systems and components will exceed $4.3 billion next year according to the latest McIlvaine forecasts in N029 Ultrapure Water: World Market.

End users will defer to OEMs, EPCs and consultants to make the purchasing decision for 17 percent of the flow control and treatment purchases. The total purchases determined by these companies will exceed $68 billion in 2015. This is the latest forecast in N064 Air/Gas/Water/Fluid Treatment and Control: World Market from McIlvaine Company.

Parker Hannifin Corporation reported results for the fiscal 2015 fourth quarter and full year ended June 30, 2015. Fiscal 2015 fourth quarter sales were $3.14 billion, compared with $3.53 billion in the same period a year ago, reflecting the effect of currency rate changes and weak end market demand.

Crane Co. reported second quarter 2015 earnings of $0.95 per diluted share, compared to $1.00 per share in the second quarter of 2014. Excluding Special Items in both years, second quarter 2015 earnings per diluted share were $1.06, compared to $1.15 in the second quarter of 2014.

Pentair announced second quarter 2015 sales of $1.7 billion. Sales were down 9 percent compared to sales for the same period last year. Adjusted second quarter 2015 earnings per diluted share from continuing operations (“EPS”) were $0.96, down 6 percent from adjusted EPS of $1.02 in the second quarter of last year.