What I read in the specs again. I agree that you can't find the materials rating easily. A little looking and it is rated - Suitable Media: Air, Water, Oil.
The first question asked on the sales page is about propane and the reply is that it is not rated for it.
However, it will likely work for what we are doing if the forge has a blown burner.
1) We are only dealing with low pressure propane and low flow rates - 1-5PSI. High pressure flammable gas would be a NO Go situation.
2) It will only be in use while the forge is running. Because we always turn off the tank at the end of the forging session. (I sure hope everyone turns the tank off when done!)
3) The material for the seal, PTFE, and the stainless steel body are compatible with propane.
4) We are not installing to meet OSHA and other Underwriters Laboratory standards. This is home-built hobby equipment that is not for sale.
I would say that it is an acceptable risk.
I looked for a motorized propane rated valve and couldn't find one for less than a grand. All I find at affordable prices are solenoid actuated propane rated valves, which is what I have been using all along. I suppose if you thought the solenoid was too warm you could mount a $5-$10 muffin fan (computer fan) blowing down on it.
None of the above changes my new recommendation of a NVR switch. Whatever valve you use needs one to be 100% safe.
When my motorized valve comes, I'm going to open it up and see what type motor and such is in it. I'll look for any potential spark sources. I will cycle it a couple dozen times to smooth out the seal, then connect it to a propane tank after the regulator and test by nose after an hour. I'll use a six-foot propane hose between the valve and the regulator so I can tell which smells like gas. If I can't detect any mercaptan at the valve, I'll take it to a friend who has a gas sniffer. My guess is that the regulator leaks more gas than the valve will. It may be a while, but I'll let you know the result.