Abstract: A diverter valve assembly that diverts flowable material from an inlet to one of a plurality of outlets. An outer tubular housing has an inner element mounted therein for rotation with respect to the housing about a generally vertical axis of rotation. The inner element is in the shape of a truncated cone. An inlet is provided at the top of the housing and a plurality of outlets are spaced around the sides thereof. A diverter element is rigidly mounted to the inner element and extends through the open top of the inner element and through a side thereof -- 90.degree. from the open top -- to cooperate with one of the plurality of outlets. Outlet arm members extend through the housing and make sealing contact with the outer surface of the inner element. Rotation of the inner element to position in cooperation with a particular outlet allows the flow of flowable material through the housing inlet, through the diverter element, and through the particular outlet arm.