I'm assuming you have variable flow in this plant. Let me say it may sound easy to split with the valves; but pay attention to what you are doing. The reason I recommended a structure is to eliminate some of the potential problems. It costs for piping and structure; but, is a no brainer for equal flow. I don't know your piping layout and that will affect the split using valves and controllers.
You already know this; but, you have two splits to make. One splitting the flow to each cone, then one splitting the flow to keep the rotational speed in the cone. This doesn't sound hard; but, if split one is not made evenly at 1/2 of the incoming flow, you can overflow something, drain something, or depending on your piping layouts, you can increase/decrease head on these pipes causing unequal flow distribution which can then bouce the valves open/close. All of your flow measuring systems need to be equal in performance and/or could require additional meters or replacements.
Split two will work out because you are only restricting flow in the large inlet pipe. The excess/deficient flow will run through the smaller inlet pipe increasing/slowing the rotation.