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.

RINA Group adds engineering expertise

newsitemThe independent engineering consulting company of RINA Group, D’Appolonia is headquartered in Italy and has recently strengthened its expertise in the marine offshore oil and gas sector by acquiring a majority stake in SeaTech Srl. SeaTech gives analysis, design services and also manages projects for offshore pipelines, subsea systems and structures, met-ocean monitoring systems and provides engineering supervision services on site.

POSCO partners with Geumgang to develop water reservoir

POSCO, a multinational steel-making company headquartered in Pohang, South Korea, signed a memorandum of understanding with Geumgang, a South Korean manufacturer of stainless steel water tanks and water pipes, on co-development and structure analysis of stainless steel water tanks for large-scale water reservoirs. Photo courtesy of POSCO The existing large-scale water reservoirs are made of concrete, causing problems such as water leakage due to cracks and an unsanitary water supply environment.

Centravis approved on AML list

CENTRAVIS, a global supplier of business solutions in the segment of seamless stainless tubes & pipes, has been certified and included on the approved manufacturers list (AML) of Alstom – a global producer of railway transport and power equipment. The French engineering company manufactures railway locomotives, various trains, trams, power equipment, and electrostatic precipitators for industrial production, and is possibly most well-known for its TGV and AGV series of high-speed trains. "While CENTRAVIS is already working with a number of companies in the energy, construction, and oil & gas spheres, our inclusion to Alstom’s purchase system is a very important step for the Company’s promotion in the European market,” says Head of Centravis Strategic Marketing Unit, Peter Gorban.

SNC-Lavalin appoints Neil Bruce as president and CEO

SNC-Lavalin has announced the appointment of Neil Bruce as President and CEO, and a member of the Board of Directors, succeeding Robert G.

Kværner Verdal gets Johan Sverdrup jacket contract

Kvaerner has signed the final contract for delivery of the drilling platform jacket to the Johan Sverdrup field.

Aquatic hires Martin Charles

Aquatic Engineering & Construction, an Acteon company, has appointed Martin Charles as group managing director.

Fives and Baotou Steel signed a 10-year contract

Fives and Inner Mongolia Baotou Steel Union, the north-western China-based iron and steel manufacturing company, has signed a 10-year contract for technical support for the development and production of a wide range of high value-added automotive steels, including the latest advanced high-strength steels. Fives will provide high-end technological and process expertise covering from upstream to downstream production processes: steel making, hot rolling, pickling, cold rolling, annealing and galvanizing.

Aker Solutions to adjust subsea capacity in Norway

Aker Solutions has notified employees about a workforce reduction in its Norwegian subsea business due to a continued market slowdown. About 500 permanent positions at facilities in Fornebu, Stokke, Moss and Tranby in Norway may be affected. “Activity in the Norwegian offshore services market has declined considerably over the past year as oil companies scale back spending and postpone projects,” said Per Harald Kongelf, head of Aker Solutions’ Norwegian operations.

Superior Tube offers heat exchanger tubing to TEMA

Superior Tube, a manufacturer of precision metal tubing for safety critical applications, has received a contract from TEMA India to supply heat exchanger tubing for a new Floating Production Storage and Offloading (FPSO) vessel. The vessel is among several commissioned by Brazilian energy giant Petrobras to develop the oil reserves in the pre-salt fields in the Santos basin off the Brazilian coast.

DuPont names Jeanmarie F. Desmond as VP

newsitemDuPont has named Jeanmarie F. Desmond as its vice president and controller succeeding Barry J. Niziolek who has served the company for 34 years. Desmond, who joined DuPont in 1989, held the post of general auditor and chief ethics and compliance leader.