Company Manufacturing Valves News

Bestobell Valves, part of the President Engineering Group, said it has received a major boost to its marine division with the award of a new contract for cryogenic cargo globe valves from the Hudong Zhonghua shipyard in China. The multimillion dollar contract will see the U.K.-based company manufacturing valves for six 174K LNG (Liquefied Natural Gas) Carriers. The LNGC have been contracted by Sinopec, China Shipping Group and MOL of Japan to ship coal bed LNG from the Gladstone field in Australia back to China.