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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.

Machining day proves a huge success

Sandvik’s recent Machining day, held jointly by Sandvik Materials Technology and Sandvik Coromant at the company’s Halesowen facility proved to be a huge success, attracting more than 60 customers.

Magnetostrictive sensors exhibit strong resilience

MTS Sensors, a division of MTS Systems Corporation, has increased the scope of its GB-Series of highly accurate, programmable magnetostriction-based linear position sensors for addressing further applications.

Corrotherm CEO receives Honorary Doctorate

Jan Ward CBE, founder and CEO of UK-based company Corrotherm International, has received the honorary degree of Doctor of Engineering from Southampton Solent University. Jan started Corrotherm in 1992 to supply high grade metals to the oil, gas, petrochemical, power and desalination markets, and since then the company has gone from strength to strength to establish a strong global presence with offices in ten countries. A mechanical engineer with over 30 years’ experience in metals manufacturing and distribution, Jan worked at board level for several specialist metal producers and distributors prior to founding Corrotherm.

ACCIONA joins opening ceremony in Qatar

Qatar Electricity & Water Co has recently inaugurated the construction work on the Ras Abu Fontas A3 desalination plant at Ras Abu Fontas, near Al Wakra.

New chair and CEO for DuPont

The DuPont board of directors has appointed Edward D. Breen as the company’s chair and chief executive officer (CEO).

NTi appoints aviation and defense executives

Norsk Titanium AS (NTi) has appointed three seasoned aviation and defence industry executives to round out its commercial team in response to robust aerospace demand.

AEG to provide custom battery chargers

AEG Power Solutions has been chosen by Petronash and another major EPC for two separate contracts, which will secure the power supply for gas process skids in a harsh environment.

Shell presents strategic update in London

newsitemRoyal Dutch Shell plc (Shell) presented a strategic update to shareholders and investors in London. Speaking at the presentation, Shell’s CEO Ben van Beurden said: “Low oil prices are driving significant changes in our industry BG rejuvenates Shell’s upstream by adding deep water and integrated gas positions that offer attractive returns and cash flow, with growth potential.

Lakesmere recognized by IFD

The Lakesmere Group has been recognised by the International Federation for the Roofing Trade (IFD) for its remarkable facade work on the spectacular National Graphene Institute in Manchester.

Areva deal helps Energoatom’s European progress

Energoatom and Areva have signed an agreement to reinforce cooperation between the two companies for safety upgrades of existing and future nuclear power plants in Ukraine, lifetime extension and performance optimization.