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.

New Vice President for SGS

 
SGS Industrial Services, a global service provider for technical verification, inspection, testing and conformity assessment, has announced that as of October 1st Mr Dave Smith will be the company’s new Vice President of Global Business Development & Marketing, Industrial Services.

Kinder Morgan to acquire El Paso

Kinder Morgan, Inc. and El Paso Corporation announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP.

SENER and Techint E&C finish Gate LNG terminal

The first LNG terminal of its kind in the Netherlands has opened in Maasvlakte due to the joint capabilities of SENER and Techint Engineering and Construction, both integrated under the joint venture TS LNG.

Elsenhans: Sunoco’s MVP

Lynn Elsenhans is the first woman to lead a major oil company as CEO of Sunoco.

HollyFrontier board allows stock buyback

The Board of Directors at HollyFrontier Corp. announced that they have approved a stock repurchase authorization of up to USD 100 million to repurchase common stock in the open market or via privately negotiated transactions.

Boeing funds Dalhousie project for aerospace

The Boeing Company is making an investment in Dalhousie University to support research and development projects that will strengthen the aerospace industry’s potential and competitiveness in Canada and across the globe.

NAEP, Fluor win USD 127 million project

NAEP, Fluor win USD 127 million project North American Energy Partners Inc.

POSCO halts production at BF No. 2

An explosion occurred on 19 August 2011, at the No. 2 blast furnace at POSCO's Gwangyang Steelworks.

Christopher Mapes, new C.O.O at LE

Lincoln Electric Holdings, Inc. (Lincoln Electric) has chosen Christopher L. Mapes as their new Chief Operating Officer, effective 1 September 2011. Currently a member of the Company’s Board of Directors, Mapes will retain his seat on the Board in addition to becoming a member of the Company's executive management team.

TISCO leaves CR stainless export prices

Taiyuan Iron & Steel Group will keep its export prices of 300 series cold rolled stainless steel unchanged as a result of the appreciating yuan. TISCO is currently offering a discount of USD 100 per tonne