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.

SGS to oversee health & safety at Italian refinery

SGS experts will fulfil official safety co-ordination roles for one of the largest refiner and marketer of petroleum products in the world on two projects at a refinery in north west Italy.

Sulzer acquires ASCOM, ProLabNL

Sulzer acquired Advanced Separation Company (ASCOM), providers of oil, water and gas separation equipment, and ProLabNL, an independent company with unique capabilities to test equipment in actual oil field conditions.   Sulzer agreed to acquire both the companies located in Arnhem, The Netherlands, on 15 September.

Snam’s Board approves acquiring stake in TAG

Snam's Board of Directors, under Chairperson Lorenzo Bini Smaghi, approved the acquisition of the stake held by CDP GAS, a fully owned subsidiary of Cassa Depositi e Prestiti (CDP) in Trans Austria Gasleitung (TAG), for a total amount of EUR 505M.   The transaction is in line with Snam’s international development strategy and further strengthens the company’s role amongst infrastructure operators in Europe.

Harkand gets head of European engineering services

International subsea inspection, repair, maintenance (IRM) and light construction company Harkand appointed Alan White as the head of engineering services in Europe.

Steel tubes for umbilicals in the North Sea

Vallourec, the premium tubular solutions company, has been awarded a contract by Technip Umbilicals for the Edradour project operated by TOTAL in the UK.

ABB automation system for Brazilian iron mine

ABB won a USD 103M contract from Brazilian mining company Vale to install electrical and automation systems at a modern iron ore mine in the Carajás mountains of northern Brazil as part of a major capacity expansion.

Konecranes appoints new chief digital officer

Juha Pankakoski has been appointed as the chief digital officer of Konecranes. He will be responsible for all information systems and the overall process architecture of Konecranes.

Chromalox extends electric blower heater line

Chromalox, an advanced thermal technologies company, announced the availability of a new extreme duty model of its blower heater line.

ArcelorMittal announces 700 new jobs in France

newsitemArcelorMittal will be creating 700 new jobs at its French sites in 2014. ArcelorMittal is the largest steel company in France, with a workforce of nearly 20,000 over some 50 industrial and distribution sites.

Board, management changes at Mindoro

newsitemMindoro Resources announced the retirement and resignation of Director and CEO Tony Climie, effective 1 September 2014.