13 new distributor agreements
in India, Sri Lanka and Bangladesh in the second quarter of 2020. The new distributors help to further expand the coverage of Neles’ valve offering in the various customer industries of their respective countries.
Würth Industry North America (WINA) and Baker Hughes announced a
joint service offering
to expand their capabilities to provide advanced design, digital inventory, and customized 3D printing services to customers in a range of industrial sectors.
“The Covid crisis has hastened a seismic shift in the global refining industry as demand for plastics and fuels grows in China and the rest of Asia, where economies are quickly rebounding from the pandemic,”
“In contrast, refineries in the U.S and Europe are grappli...
Weak historical data and the resurgence of COVID-19 in Europe and the United States led the International Energy Agency (IEA) to
its near-term global demand outlook by 0.4 mb/d in 3Q20, 1.2 mb/d in 4Q20 and 0.7 mb/d in 1Q21. The IEA now expects demand to decrease by 8.8 mb/d in 2020 (versu...
in October. The index has recovered much of its 16.5% decline from February to April, but output in October was still 5.6% lower than its pre-pandemic February level. After edging up 0.1% in September, manufacturing output increased 1.0% in October. The index for durabl...