Company News

Welding and subsea fabrication specialist Serimax strengthened its presence in Norway with the appointment of Jan Langeland as Country Manager.

Harsco Corporation appointed Richard E. Lundgren, Jr. as Group President of its Harsco Metals & Minerals business effective 7 April 2014.

Baker Hughes, the oilfield services company, and TMK, the Russian producers of pipes for the oil and gas industry, plan to jointly develop integrated well completion solutions.  Targeted at both onshore and offshore fields, the solutions will provide turnkey well completions based on the technical and manufacturing capabilities of both companies.

The Timken Company entered into an agreement with United Wagon Company (UWC), a company building, leasing, engineering and servicing freight cars in Russia, to establish a joint venture (JV) to manufacture Timken AP-2 rail bearings in Russia.

Marubeni-Itochu Steel Inc. (MISI) entered into an agreement with Dawood Engineering – a local manufacturer of automotive parts and components in the Islamic Republic of Pakistan – to jointly establish a new company in Bin Qasim Industrial Park outside of Karachi City in Sindh Province, Pakistan.

EOS, the industrial Additive Manufacturing solutions company, expanded its metal materials portfolio with the introduction of EOS Titanium Ti64ELI and EOS StainlessSteel 316L.

Clemens Iller will take over as the CEO of Swiss special steel company SCHMOLZ + BICKENBACH. He will lead the company together with CFO Hans-Jürgen Wiecha, who has been acting as CEO ad interim from December 2013.

Energy production technology services company Proserv has completed the acquisition of major engineering player KRG Industries Ltd.

Seatronics, an Acteon company, promoted Phil Middleton to deputy managing director based in the Aberdeen office.

Sumitomo Corporation has developed and installed the first large-scale power storage system in the world that utilises used batteries collected from electric vehicles.