Company News

Ceona, a SURF contractor with heavy subsea construction capabilities, has entered into a significant joint venture (JV) with Seaweld Engineering, which will act as a strategic partner for offshore deepwater construction projects in Ghana.

Sierra Metals appointed Mark Brennan as president and CEO, effective 13 April 2015. Brennan is replacing Sierra Metals’ former president and CEO Audra Walsh, whose resignation was announced earlier.

AK Steel announced the retirement of David C. Horn, executive vice president, chief legal and administrative officer, and secretary effective 31 May 2015. Photo courtesy of AK Steel Horn joined AK Steel in 2000 as assistant general counsel.

A. M. Castle & Co. Board of Directors appointed Steven Scheinkman to the position of president and CEO, effective immediately.

Ugitech, a company of the SCHMOLZ + BICKENBACH Group, is presenting its solutions for aerospace at the Paris Air Show in June.

Wintershall is stepping up its activities in the southern North Sea. In addition to an extensive drilling campaign in the Netherlands, the UK and Denmark, the company intends to take its natural gas and crude oil discoveries into the production phase swiftly. Wintershall operates 24 offshore platforms in Dutch, German and UK waters of the North Sea and is one of the most active explorers and producers in this region.

TMK IPSCO, the US subsidiary of global pipe manufacturer TMK, announced that Joel C. Mastervich was appointed vice president and COO.

Severstal has signed a four-month contract to deliver rolled steel to Renault-Nissan from March to June 2015. Steel produced at the Cherepovets Steel Mill will be used in car production at the Moscow and Tolyatti plants of Renault-Nissan and AVTOVAZ Alliance.

Olympic Steel, a US-based metals service centre, promoted Andrew Wolfort to general manager of the company's operation in Schaumburg, Illinois, effective immediately. Wolfort initially joined Olympic Steel in 2005 as a general labourer in the company's Cleveland warehouse facility.

Metso finalised the sale of the Tampere foundry to the Finnish company TEVO. The business was transferred to the new owner on 13 April 2015.