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.

LiuGong and ZF join forces to build Chinese axle

newsitemChina’s premier construction equipment manufacturer, LiuGong has teamed up with ZF-Group for another joint venture called ZF Liuzhou Axle Co.

Evergreen Pacific Partners teams up with PAC Stain

newsitemEvergreen Pacific Partners announced on September 12 that it has purchased a majority stake in PAC Stainless, LTD.

Sumitomo Metals invests in Standard Steel

 Sumitomo Metal Industries, Ltd. has announced that it will make a capital investment in its U.S. subsidiary, Standard Steel, LLC.

Chevron acquires Delaware Basin Acreage

  Chevron Corporation has announced that its subsidiary, Chevron U.S.A. Inc., has agreed to acquire 246,000 net leasehold acres in the Delaware Basin in New Mexico, a part of the Permian Basin, from Chesapeake Energy Corporation.

World’s largest high-vacuum pressure chamber to be

   A contract has been awarded to Indian company, Larsen and Toubro Ltd. (L&T) for ITER Cryostat. The Cryostat for the ITER experimental fusion reactor currently under construction in Southern France will be the world’s largest high-vacuum pressure chamber ever built.

GNF signs deal with Gail for LNG

 
 
Gas Natural Fenosa has signed a contract to supply liquefied natural gas to Indian gas company, Gale.

RasGas receives Innovation Award

 
 
RasGas Company Limited was awarded the Innovation Award for its “Safety Ambassador” program during the Qatar Petroleum Industrial Oil and Gas Awards 2011.

Philippe Bello joins Manoir Industries

 
 
Philippe Bello has been appointed as the new President of Manoir Petrochem & Nuclear, one of Manoir Industries’ three business units.

Gabriele Sons appointed to Executive Board of Thys

 
 
The Supervisory Board of ThyssenKrupp Elevator AG has appointed Gabriele Sons to the Executive Board of ThyssenKrupp Elevator AG effective October 1, 2012.

Boardwalk Pipeline, Partner to acquire PL Midstrea

newsitemBoardwalk Pipeline Partners LP (BWP) and its general partner have agreed to acquire PL Midstream LLC from PL Logistics LLC for USD 625 million in cash.