The continuing investments worldwide in infrastructure, commodity manufacturing, oil exploration, mining, and power generation are providing a sustained base of growth in the overall Low Voltage Motor Control Center (LV-MCC) business. The worldwide market for Low Voltage Motor Control Centers has remained relatively insensitive to the economic turmoil that has affected many industrial markets. Capital expenditures in this product sector have continued on a steady growth path according to a new ARC Advisory Group study.
Low Voltage Motor Control Center Business“The Low Voltage Motor Control Center market has remained recession-proof as many organizations recognize the value of a centralized automation and MCC infrastructure that can support the ability to manage operations more efficiently,” according to Research Director Sal Spada, the principal author of ARC’s new study “Low Voltage Motor Control Center Worldwide Outlook”.
For further information on this please visit ARC Advisory Group
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(Reuters) ExxonMobil Corp. reported plans for a major expansion at its Baytown, Tex., refining and petrochemical complex just east of Houston. Plans call for construction of a 1.5 million tonne/year ethane cracker at the complex as well as two 650,000 tpy polyethylene production lines nearby its plastics plant in Mont Belvieu, Tex.
SNC-Lavalin (TSX: SNC) is pleased to announce that it has acquired DBA Engineering, an Ontario-based engineering firm specializing in materials and pavement engineering, and geotechnical and geo-environmental studies.
WATERLOO - Terepac Corp., a pioneer in the world's tiniest digital electronics, and Rockwell Automation have engaged so Terepac can produce large volumes of its micro circuits for the "Internet of Things" -- uniquely identifiable objects and their virtual representations in an Internet-like structure that requires radio frequency identification (RFID) as a prerequisite.
Technip, in a consortium with Daewoo Shipbuilding & Marine Engineering (DSME) Co. Ltd., the Technip-Daewoo Consortium (TDC), has been awarded by Petronas Floating LNG 1 (Labuan) Ltd, a wholly owned subsidiary of Petroliam Nasional Berhad (PETRONAS) a services contract for engineering, procurement, construction, installation and commissioning for floating liquefied natural gas (FLNG) facility of 1.2 million ton per year maximun capacity. The 300 meter-long and 60 meter-wide FLNG facility will be located offshore Malaysia. The contract is an Alliance between TDC, led by Technip, and Petronas. Technip’s portion is composed of project management services and lump sum for engineering.