JFE Steel to introduce large-scale electric arc furnace
JFE Steel will build an advanced electric arc furnace at its Kurashiki facility to drive carbon-neutral steelmaking in Japan, backed by a government grant as part of a national decarbonisation project.
China develops 5-meter stainless steel rocket storage tank
China has unveiled its first 5-meter diameter stainless steel rocket storage tank, a major milestone in aerospace engineering by China Aerospace Science and Technology Group.
STATS expands in Malaysia with pipeline isolation contract
STATS Group, in JV with EPOMS, has secured a multi-year pipeline isolation contract in Malaysia, expanding its local presence with new facilities and advanced tooling investments.
13,000 DWT duplex stainless steel chemical tanker launched
The 13,000 DWT duplex stainless steel chemical tanker SHAN TONG was launched at Zhoushan Ningxing Shipbuilding, featuring advanced safety systems, low emissions compliance, and multi-cargo capability. Delivery is expected before June 2025.
Wanhua Chemical signs a joint venture agreement with PIC
PIC has invested USD 638 million for a 25% stake in Wanhua Chemical (Yantai), marking a key step in their strategic partnership to boost global petrochemical collaboration.