IN FOCUS

Sales of industrial pumps will reach $58.5 billion in 2019 according to the latest forecasts in Pumps World Market published by the McIlvaine Company.

Rapid growth in the market for air and water monitoring in China will result in supplier revenues exceeding $5 billion by 2019. This is the latest forecast in Air and Water Monitoring: World Market published by the McIlvaine Company.

East Asian purchases of valves for nuclear power plants will boost the market for valves in the nuclear industry to over $2.4 billion by 2017. This is the conclusion in Nuclear Power Plant Valve Forecast and Analysis published by the McIlvaine Company.

The world market for clarifiers, centrifuges and cyclones to purify liquids will exceed $7.5 billion next year. The fastest growing segment will be treatment of shale oil and gas wastewater. This is the conclusion of the McIlvaine Company in the continually updated Sedimentation and Centrifugation World Markets.

As the $26 billion water and wastewater treatment chemicals market shifts to Asia, international companies are re-positioning to maintain share and offset some of the advantages created for local Asian companies. These developments are reported in McIlvaine Water and Wastewater Treatment Chemicals: World Market.

Sales of membrane systems and modules for desalination will account for 35 percent of the $11 billion cross-flow membrane market next year according to the latest updates in the McIlvaine RO, UF, MF World Market.

Next year former Soviet Union countries will spend just under $4 billion for industrial valves. This is the forecast by the McIlvaine Company in Industrial Valves: World Market.

The recent plunge in oil prices has caused some subsea projects to be canceled or delayed but there are more than 100 projects moving forward. The subsea vessel industry is currently expanding at 7%/yr. Over 54 percent of the active fleet has been delivered over the past eight years. There are also an additional 115 vessels under construction. The status of projects is continually reported in Oil, Gas, Shale and Refining Markets and Projects published by the McIlvaine Company.

National Oilwell Varco, Inc. reported that for its third quarter ended September 30, 2014, it earned net income of $699 million, or $1.62 per fully diluted share, compared to second quarter ended June 30, 2014 net income of $619 million, or $1.44 per fully diluted share.

Pfeiffer Vacuum generated sales of € 296.4 million during the first nine months of 2014 during which an EBIT margin of 10.7 percent was achieved. This result is broadly in line with management’s expectations communicated at the AGM.