Company News
Scientists Turn To Big Data To Find New Oil Deposits
Friday 18th August 2017
As a market leader for hydraulic instrumentation equipment, the use of Hy Lok fittings is always at the cutting edge of advancements in the oil industry. This week, reports from the likes of Reuters have described how the search for oil deposits has changed in the 'data age' and how new discoveries are being made beyond the scope of traditional geology. The technology, likened to that used by popular entertainment and online shopping organisations such…
Govt Pledges To Reduce High Tariffs On Export Products Like Scotch Whisky
Friday 18th August 2017
The Department for International Trade (DIT) has announced that it will be taking steps to reduce high tariffs on UK exports like Scotch whisky in a bid to boost overseas trade. Tariffs can be imposed on exports by trading partners and they can be especially high in some markets, which can put businesses off from taking advantage of demand from overseas for UK products. Officials from the DIT are now looking to see how trade agreements in…
New Treatments Will Fuel Pharmaceutical Sector In Post-Antibiotic World
Tuesday 1st August 2017
Hy Lok valves have led the pharmaceutical market for a number of years, and we will continue to support it in the future. As many of you know one of the most important challenges facing the pharmaceutical sector in the future is the emergency of antimicrobial resistance. Many traditional antibiotic treatments are failing to provide cures for emerging resistant strains. One of the infections that has been growing in recent years, Clostridium difficile, is in…
Petrochemical Company In Fracking Battle With The National Trust
Wednesday 26th July 2017
Ineos, one of the biggest petrochemical manufacturing companies in the world, is threatening the National Trust with legal action over the conducting of seismic surveys at Clumber Park in Nottinghamshire. According to the BBC, plans to look for shale gas in Sherwood Forest and its surrounds have been somewhat controversial because of environmental issues surrounding extraction (or fracking) and the increase in fossil fuel use. Ineos has said that the Trust has blocked any contact from them…
China, India & The UAE Revealed As Top Food & Drink Export Destinations
Monday 17th July 2017
Businesses in the food and drink sector looking to expand into new markets in the near future might want to consider the likes of India, China and the UAE, which have all been identified as being the top three markets for companies in this sector. New research from the Food and Drink Federation (FDF) has found that global food exports are on the rise, climbing by seven per cent annually between 2006 and 2015. In the…
New Guidance For Pharmaceutical Companies
Wednesday 5th July 2017
Even when you are placing your next order for pneumatic valves you need to be aware that not all machinery will last forever, and one day you will need to decommission your equipment. A best practice guide has been released by the International Society for Pharmaceutical Engineering (ISPE). It is called the ISPE Good Practice Guide: Decommissioning of Pharmaceutical Equipment and Facilities. The International Society for Pharmaceutical Engineering (ISPE) is the world's largest not-for-profit association…
HMS Queen Elizabeth Takes To The Sea For The First Time!
Friday 30th June 2017
The first QE Class aircraft carrier, HMS Queen Elizabeth, has taken to the open ocean for the first time, setting sail from Rosyth to spend approximately six weeks at sea to test her fundamentals. Trials on the water will include monitoring of power, speed, propulsion and manoeuvrability, as well as weapons trials and further tests on levels of readiness. After this, the ship will head back to Rosyth for further maintenance and testing before going back…
Scotland Food & Drink Exports Up 11%, Report Reveals
Friday 30th June 2017
Food and drink exports in Scotland have climbed by more than 11 per cent in the first quarter of 2017, with £1.2 billion worth exported in the first three months of the year - up by £124 million on 2016. The latest report from Scotland Food and Drink has just revealed that Scottish salmon and whisky were at the top of the export chart for the period, with the EU still the country's biggest regional export…
UK Pharmaceuticals Sector ‘At Risk’ Without Early Brexit Deal
Wednesday 14th June 2017
Unless an early Brexit deal is struck for the pharmaceuticals sector in the UK, new regulatory guidance just brought out by the European Medicines Agency (EMA) could put jobs and public health at risk. This is according to the Association of the British Pharmaceutical Industry (ABPI), which has warned that the outcome could be huge restructuring costs and reduced access to markets in Europe, the Daily Telegraph reports. The EMA's guidance on how companies should ready themselves…
Manufacturing Tipped To Expand Further In H2 2017
Thursday 8th June 2017
Demand for valve and fitting solutions looks set to increase in the second half of the year, with the latest manufacturing outlook survey from EEF revealing that there is confidence that the sector will see further expansion as the year goes on. Export markets look particularly favourable for manufacturers, whose views have been becoming increasingly positive over the last 12 months. European market demand looks especially buoyant, with 61 per cent of companies reporting an uptick. A…
