Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community. If you wish to include your news release on our website and email newsletter, please feel free to contact the editor.

BUMAX named as one of the top ten export companies

The weekly regional newspaper Mitt Gävle has recently published its list of the top ten export companies in the Gästrikland district in Sweden.

CIRCOR aquires a CFX division

CIRCOR International, Inc. (CIR) has completed the previously announced acquisition of Fluid Handling (FH) from Colfax Corporation (CFX) for approximately USD 693M of cash and newly issued CIRCOR shares, and USD 150M related to the assumption of pension plan liabilities linked to the FH business.

Sandvik achieves milestone with order rise

Sandvik has reported a strong start to 2017 for welding products, materials and solutions. The news follows a global surge in demand for specialized welding expertise, with China and NAFTA representing the two largest growth markets.

ExxonMobil aquires interest in Suriname

Exxon Mobil Corporation announced that its subsidiary ExxonMobil Exploration and Production Suriname B.V., along with co-venturers Hess and Statoil, signed a production sharing contract for Block 59 with Staatsolie Maatschappij Suriname N.

Tenova celebrates 10th anniversary

Tenova celebrates the 10th anniversary of its brand and announces the launch of its new corporate website. Tenova was founded in February 2007 from the former Techint Technologies.

Norsk Titanium appoints new Vice President

Norsk Titanium AS, a provider of aerospace-grade, titanium additive manufacturing technology has recently appointed Annette M.

Raccortubi Group receives finance recognition

On the evening of 8th June 2016, Raccortubi was awarded the 2016 Business International Finance Award for its Administrative Processes, Accounting and Management Systems.

Eaton signs letter of intent with AVIC

Eaton, Power Management Company has recently signed a letter of intent with AVIC Aircraft Company Ltd. Xi'an Branch to supply the High Pressure Ducting System for the MA700 regional turboprop aircraft.

CENTRAVIS opens office in Middle East

CENTRAVIS, Ukrainian manufacturer of seamless steel pipe, has recently opened a representative office in the UAE. "The Ukrainian economy is in particular need of funds from abroad for the development and diversification of export markets.

FMC Technologies and Technip to form a new company

Technip (Euronext: TEC) and FMC Technologies, Inc. has announced the formation of the new company that will drive change by redefining the production and transformation of oil and gas.