Changing Energy Resources Shift Spending Patterns on Pumps, Valves and Fittings, an Industrial Info News Alert

Changing Energy Resources Shift Spending Patterns on Pumps, Valves and 
Fittings, an Industrial Info News Alert 
SUGAR LAND, TX -- (Marketwired) -- 06/12/13 --  Written by Eric
Funderburk, Industrial Info Resources (Sugar Land, Texas) --
Industrial Info has seen expenditures on pipe, valve and fitting
(PVF) products rise in the U.S. each year since 2009. In that year,
annual PVF reached a low point of approximately $9.1 billion because
of the large number of delays and cancelations of industrial
projects. According to Industrial Info's Pipes, Valves & Fittings
Market Assessment, approximately $10.8 billion will be spent on PVF
products this year, growing another $1.14 billion through 2016, an
increase of 11%. 
Other companies featured: Royal Dutch Shell plc (NYSE:RDS.A), Sasol
Limited (NYSE:SSL), Chevron Phillips (NYSE:CVX). 
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Contact:
Joe Govreau
713-783-5147 
 
 
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