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.

Hannon Westwood acquires Novas Consulting

newsitemHannon Westwood completed the acquisition of Novas Consulting for an undisclosed sum. Following the investment by energy specialist private equity company Energy Ventures in January 2015, Hannon Westwood has been looking to expand on its leading energy business intelligence and consulting offering through a combination of acquisitions and organic development projects. The addition of Novas Consulting to the Hannon Westwood portfolio is the first step in adding new diversity to the consulting offering, bringing a team of globally experienced geoscientists, engineers and other specialists with a full suite of technical expertise and international credentials to join the market-leading research company. Ian Norbury, CEO of Hannon Westwood Aberdeen, said: “In Novas Consulting we have found an exceptional team of internationally experienced individuals offering considerable skills in upstream projects, technical due diligence, and both asset and corporate appraisal and valuation services.

Tenova announces new leadership structure

newsitemTenova, a worldwide supplier of advanced technologies, products and engineering services for the global Metals and Mining industries, announces the appointment of Andrea Lovato as the new Chief Executive Officer of the company.

Steel & Metals Market Research forms SMR Premium

Austria-based Steel & Metals Market Research (SMR), the independent consultancy in the stainless steel and special steel industry, has established SMR Premium, a new subsidiary in Düsseldorf.

Hypertherm releases annual CSR report

Hypertherm released its annual Corporate Social Responsibility report. The report measures 2014 progress on Hypertherm’s social and environmental efforts.

JFE Steel to acquire 5% stake in FHS in Vietnam

JFE Steel Corporation announced that it would be acquiring a 5% stake in Formosa Ha Tinh Steel Corporation (FHS), a joint-venture company that is currently constructing Vietnam’s first integrated steelworks.

Red Pine Exploration gets new CEO

Red Pine Exploration's Board of Directors announced that Richard Schler has tendered his resignation as the CEO and member of the Board of Directors, effective 28 July 2015.

Harsco announces leadership transition

Harsco Corporation announced that Nicholas Grasberger, the company’s president & CEO and member of the Board of Directors, will assume the leadership of the Harsco Metals & Minerals segment on an interim basis effective immediately, following the departure of Metals & Minerals President Richard Lundgren to pursue other opportunities.

DNV GL leads standardization JIP with Korean yards

newsitemDNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering Company (DSME) and Samsung Heavy Industries (SHI) that will establish a new international standard for offshore oil and gas projects.

New president & COO at Greene’s Energy

newsitemThe Board of Directors of Greene’s Energy Group announced that CEO Robert 'Bob' Vilyus has elected to retire from the company and the Board of Directors in September 2015.

Spelsberg expands steel enclosure range

Spelsberg UK has launched a range of steel enclosures to support its comprehensive product portfolio. The company has made the addition to its range to support its customers who work in extremely harsh environments where there may be a risk of heavy impact, explosion or contact with corrosive chemicals. Chris Lloyd, Spelsberg UK Managing Director, explains: “In most scenarios, even in heavy industry, non-metallic enclosures are the preferred solution.