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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.

“Chemical Islandâ€? for Veracel

Eka Chemicals, Akzo Nobel’s pulp and paper chemicals business unit, has secured a 15-year supply agreement for the delivery of chemicals to the new Veracel pulp mill at Eunápolis in the state of Bahia, Brazil.

Samsung contract for a Butene-1 plant

Arabian Petrochemical Company (Petrokemya) has awarded a contract to Samsung Engineering for the engineering, procurement and construction of a third Butene-1 plant.

Repsol-YPF boosts output in Ecuador

Repsol-YPF will invest USD 136.8 million in Ecuador as part of a plan to increase its output in the Andean nation to 100,000bpd from 19,000bpd.

Russia’s Nizhnekamsk builds new plant

One of Russia's largest petrochemical companies, OAO Nizhnekamskneftekhim, plans to build a USD 125 million plant by 2006 to produce polypropylene.

Lurgi wins Saudi plant deal

Saudi Arabian firm Alujain Corp has awarded to Germany's Lurgi Oel Gas Chemie a contract to build a chemical plant in the kingdom.

Technip wins Egyptian offshore gas award

Burullus Gas Company has awarded Technip-Coflexip a contract for subsea facilities for the Sapphire gas field, offshore Egypt.

Rush to tap Arctic

Gazprom and Rosneft have announced plans to accelerate exploration and development of five Arctic oil and gas fields.

Air separation plant contract

National Industrial Gases Company, an affiliate of Saudi Basic Industries Corporation (SABIC), has awarded a lump sum turnkey contract for the engineering, procurement and construction of an air separation plant to Air Products.

Franco-Russian joint venture

Lukoil and Technip will create a 50/50 joint venture company for oil & gas projects, refining and petrochemicals in Russia and other CIS countries.

New coatings factory for China

Akzo Nobel is investing in a new factory for decorative coatings.