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New Trade Event Targets Pumps & Compressor Industry |
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The pumps, pipes and compressors industry is on a strong footing in the region, driven by robust investments in oil & natural gas pipeline & exploration projects, and strong industrial & manufacturing activity. Aiming to facilitate further growth in the regional market, a new trade event targeting the industry got under way at Expo Centre Sharjah on Monday (December 15). The inaugural PVPC Expo ME (Middle East Pumps, Valves, Pipes & Compressors Industrial Exhibition 2014) was opened by H.E. Abdalla Sultan Al Owais, Chairman, Sharjah Chamber of Commerce & Industry. It will run until Wednesday (December 17). The opening ceremony was attended by Mr. Saif Mohammed Al Midfa, CEO, Expo Centre Sharjah, Mr. Bruce Cui, CEO, CEW GROUP, industry representatives, government officials and other dignitaries. Expo Centre Sharjah is proud to play host to the only regional trade fair that specialises in pumps, valves, pipes & compressors. The PVPC Expo 2014 is organised by CEW Group, a leading international organizer of oil & gas, pump, valve and pipe exhibitions, said Mr. Midfa. The show also underscores our move to open our facilities to external organisers, which, while boosting occupancy at Expo Centre, will also galvanise the respective industrial segment the show is targeting, added Mr. Midfa. With strong demand from oil & gas, power, urban infrastructure, construction and desalination projects, the UAE has become a growth driver for the pumps, valves and pipes & compressor industry. In a recent study, consulting firm Frost & Sullivan found the Middle East market for industrial service of pumps, motors, compressors, automation, instrumentation and electric drives earned revenues of US$549.3 million in 2013 and estimates this to reach US$818.5 million in 2018, at a compound annual growth rate of 8.3 per cent. The industry is banking of the UAE's ambitions of becoming a serious player in the semiconductor industry, its robust investments in oil & natural gas pipeline projects, its focus on energy savings, and technological advances and demand for higher energy efficiency equipment. The launch edition of PVPC Expo 2014 is featuring more than 200 firms from the UAE, Germany, Italy, Turkey, China, India, USA, UK, Denmark, Australia, Pakistan, Poland & Iran, among others, at 4,000 sq.m. of exhibition space. Through PVPC Expo 2014 we aim to provide latest products, services and solutions in pumps, valves, pipes and compressors to the regional industry, said Mr. Bruce Cui. We are expecting more than 6,000 trade and professional visitors from the GCC, Iran, Turkey, China, India, Iraq and other countries from the MENA region, added Mr. Bruce Cui. Industry observers note that the demand for oil-less and oil-free air compressors, clean & dry vacuum pumps, vacuum pumps with variable speed drives, rotary-vane vacuum pumps & reciprocating piston type compressors, and interactive, intelligent, automated self-diagnosing pumps are on the rise in the region. Showcasing some of the latest innovations in these areas, the Expo is featuring leading names like Emerson, Auma, Kaeser, Atlas Copco, Pentair, Idex, SIHI, Proserv, Eniprom, Davey Pumps, Hepworth, and Technopro among others.
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