Clarke Valve™ Continues to Expand Patent Coverage in Key Asian Markets

5/20/2019, 4:51 PM (Source: GlobeNewswire)

NORTH KINGSTOWN, R.I., May 20, 2019 (GLOBE NEWSWIRE) -- Clarke Valve™, a portfolio company of Saudi Aramco Energy Ventures, Chevron Technology Ventures, and OGCI Climate Investments, announced today that it has expanded its growing collection of global patents.

The National Intellectual Property Administration for the People’s Republic of China (CNIPA) has awarded Chinese Patent number ZL201510441654.2 to Clarke Valve. Titled “SHUTTER VALVE WITH PIVOT ARMS,” this patent protects the unique design of the Shutter Valve™, which is the first major innovation in control valve geometry in more than 50 years.

“We are proud to have earned this patent and look forward to increasing our market presence in China,” said Kyle Daniels, President and CEO of Clarke Valve. “Earlier this year, we also secured Japanese patent number JP 2019002573. This IP protection for the unique design of the Shutter Valve in China and Japan will be critical, as we engage further with the world’s second and third largest economies.”

The innovative design of the Shutter Valve provides equivalent flow rate at a fraction of the size, weight, and cost of the globe valves commonly used for process control applications. The valve uses three interlocking petals, mounted to a ring gear by pivot arms, to deliver precision throttling with minimal cavitation and zero pressure drop.

The Shutter Valve is also able to reduce fugitive methane emissions by more than 95%, when compared to “low emissions” globe valves, achieving best-in-class status as one of the few control valves to earn API 641 and ISO 15848-1 certifications.

China’s rapidly growing economy, robust manufacturing sector, and increasing energy needs make it a key market for the Shutter Valve. With significant domestic production and consumption of oil and natural gas, China is poised to realize both economic and environmental benefits from the adoption of the Shutter Valve. Curtailing the emission of methane and other gases will contribute to improved air quality, while reducing the financial impact of lost product due to leakage upstream, midstream, and downstream.

About Clarke Valve
Founded in 2011, Clarke Valve™ provides high quality industrial control valves to organizations worldwide, and is a portfolio company of Saudi Aramco Energy Ventures, Chevron Technology Ventures, and OGCI Climate Investments. Using aerospace design principles, Clarke has developed the Shutter Valve™, the first major innovation in valve design in the last fifty years. The Shutter Valve is the first control valve to achieve both API 641 and ISO 15848-1 certification, making it the world’s most compact, efficient, and environmentally responsible control valve. Clarke Valve technology is currently deployed in a diverse spectrum of markets, including oil and gas, aerospace, chemical, power plants, and water management.

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