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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 newsrelease on our website and email newsletter, please feel free to contact Joanne McIntyre.

Shell poised to sign Qatar GTL deal

Royal Dutch/Shell is poised to stage a major comeback in Qatar by sealing a USD 4 billion gas-to-liquids (GTL) project with the Gulf state.

Thermal power plant in Zhengzhou

China Resources Power (CRP), a unit of China Resources Group, has confirmed it is to invest 1.8 billion yuan to set up a joint venture thermal power plant in Zhengzhou, Henan province.

Sabic to build second EG plant

Saudi Basic Industries Corporation will construct a new Ethylene Glycol (EG) plant at Jubail United Petrochemical Company.

Saudi gas project

Saudi Arabia has signed a deal with a consortium led by Royal Dutch/Shell for a USD 2 billion gas project and unveiled plans to issue tenders for another three projects as part of plans to boost gas production.

Abu Dhabi oilfield development

The Abu Dhabi Company for Onshore Oil Operations (ADCO) has awarded VECO the front-end engineering and design contract (FEED) for the development of the new Huwaila oilfield located 30 km south of the existing Bu Hasa field.

Petrotrin to upgrade Point a Pierre refinery

Trinidad and Tobago's state-owned oil and natural gas company Petrotrin has announced it will spend USD 1 billion to upgrade its refinery on the island of Point a Pierre.

Chinese newsprint mill

Pan Asia Paper Company Ltd has announced a joint venture with Hebei Longteng Paper Corp. to build and operate a newsprint mill in China.

Three oil operators approved by Norway

Norway has approved Houston-based Anadarko, Danish Maersk Olie og Gas and Canadian Talisman Energy as oil and gas operators, the Norwegian Petroleum Directorate has said

BHP Billiton files for port and pipeline

BHP Billiton has filed applications to construct and operate Cabrillo Port, a liquefied natural gas (LNG) floating storage and regasification unit (FSRU) located off the coast of Southern California, and a pipeline connecting this deepwater port to the existing natural gas transportation and distribution infrastructure onshore.

Spanish nuclear modernisation

Westinghouse Electric Company will supply AIE Centrales Nucleares Almaraz-Trillo in Spain with turbine and reactor control systems, based on OVATION digital technology, for the Almaraz nuclear units 1 & 2.