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.

South Pars 4 & 5 operational next year

Managing Director of Pars Oil and Gas Company Asadollah Salehiforuz has said that operations for development of the phases 4 and 5 of South Pars gas field will start as of next year.

Tokyo’s first hydrogen refuelling station

Showa Shell Sekiyu KK (Showa Shell) is to build the first hydrogen refuelling station in Tokyo, in partnership with Iwatani International Corporation and the Tokyo Metropolitan Government.

Thailand power plant

ITE Electric Co Ltd has said its associate Industrial Power Technology Pte Ltd has secured a contract worth about USD 3 million from Buo Sommai Rice Mill Company Ltd for the construction of a rice husk-fired power plant in Thailand. It gave no other details.

Four firms vie for Chinese gas

General Electric Co, Alstom, Siemens AG and Mitsubishi Heavy Industries have been shortlisted to supply power generating equipment for 10 gas-fired power plants across China.

South Pars enters final bidding stage

Iran will hold its last negotiating session with the two final bidders for phases 9 and 10 of the South Pars gas field in Tehran later this week.

HHI to build Israeli power plant

South Korea's Hyundai Heavy Industries Co. (HHI) has been awarded a construction order from Israel's Noga Paz Omega to build power plant facilities worth about USD 20 million.

Subsea production system for Statoil

FMC Technologies Inc. has announced that a unit of its FMC Energy Systems business has been awarded a contract to provide a complete subsea production system for a Statoil project in the North Sea.

Praxair and Air Liquide in Chinese venture

Industrial gas suppliers Air Liquide and Praxair plan to invest USD 100 million by 2005 in a venture supplying gas to a mammoth Shanghai chemical industry park.

Lurgi to supply Austrian plant

Lurgi Energie und Entsorgung GmbH (Ratingen, Germany) has won the order for the supply and construction of the combustion part of a residue processing and sewage sludge incineration plant designed to produce district heat for Vienna, Fernwärme Wien/WSO4.

Vietnam signs oil deal with Algeria

Vietnam has signed a contract worth USD 21 million to explore and exploit oil and gas offshore Touggourt, some 700km from Algiers.