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Market for industrial valves to reach $56bn in 2012
Over the next five years, demand for industrial valves in China will approach that of the US according to the McIlvaine Company
Surging demand for valves and actuators
Rising demand from diverse process industries supports steady growth in global valves and actuators market
Sensor market is forecast to grow
Frost & Sullivan predicts the market for sensors will grow, largely due to the development of sensors with greater functionality
Adopting a holistic approach to safety
Didier Turcinovic, founder and President of the Safety Users Group, explains the importance of a holistic approach to safety management
A lifecycle approach to security management
Karl Williams outlines how a novel lifecycle approach to security management is setting a new process industry standard
Wireless plant and the process environment
Hartmut Wallraf, Chief Technology Officer with Invensys Process Systems Europe, Middle East and Africa, outlines where the technology is now and what the future holds for it

International contracts to facilitate plant delivery

The process industries have for years operated internationally. A number of countries are now developing a process industry for the first time and need to find their way in overcoming the inevitable problems associated with project execution.

IChemE’s Forms of Contract have a history in the UK of facilitating the delivery of process plants. This range is now being added to with a suite of international contracts – a contract where at least one of the parties is contracting outside his home country and/or where the parties recognise that a major part of the plant will be constructed from materials imported into the country where the site is situated.

What is so special about a process plant contract that it needs conditions of contract which are different from those for other engineering and construction contracts? A process plant is different from the provision of a major structure or mechanical and electrical plant in that its end product is a chemical and/or biological process and if the process itself does not work as a complete system then the plant is of no value.

IChemE’s international contracts will make a major contribution to the achievement of best practice throughout the process industries.

IChemE is based in Rugby, UK. www.icheme.org/foc