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.

PPL Electric Utilities to invest nearly USD 1B

newsitemPPL Electric Utilities will invest nearly USD 1B this year to improve the reliability of the system that delivers power to its nearly 1.4 million customers. The projected investment of USD 968M includes USD 616M for transmission projects which is the largest scale infrastructure investment since the 1970s.

Usiminas to deactivate 2nd continuous casting line

Brazilian steelmaker Usiminas is considering a possible deactivation of another continuous steel casting line at its Cubatão plant in southeastern São Paulo state after a net loss of USD 271M last year.

Minas Gerais state to launch metro tender

Minas Gerais state plans to launch a multibillion dollar tender by June this year for a 30-year concession to expand and operate its metro system in state capital Belo Horizonte.

Aberdeen Harbour remains BP’s North Sea base

Aberdeen Harbour Board has announced that BP has agreed to extend its presence at the port for a further 10 years.

SENER obtains the special jury prize

SENER has been awarded today the special jury prize given by the magazine Capital in recognition of the work carried out by the engineering firm in the Spanish city of Bilbao. SENER’s President, Mr.

SMT distribution centre achieves top safety award

newsitemRecording an impressive 500 accident-free days sees Sandvik Materials Technology (SMT) achieve its “best practice” safety target at its Distribution Centre in Halesowen.

Proserv seals double North Sea contract wins

Proserv has secured two major contract wins worth in excess of GBP 15M for work in the North Sea, further strengthening the company’s market-leading position in the subsea controls and communications field.

juwi group provides an energy turnaround at the EW

newsitemAt the trade show European Wind Energy Association (EWEA) held in Vienna, Austria, wind experts from the juwi group entered the global competition with a new company structure and a full project pipeline. “Wind power, especially onshore wind power, has great economic potential.

Lupatech appoints new CEO and new IRO

newsitemLupatech S.A., one of the largest Brazilian supplier of products and services for the oil and gas sector, announces to its shareholders and the market the nomination of Mr.

Solon Manufacturing Company expands operations

newsitemSolon Manufacturing Company expands operations with the purchase of two additional buildings. Located in Chardon, OH, the two buildings will add 24,545 square feet to the current manufacturing area.