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.

BASF and CSM team up for biobased succinic acid

newsitemBASF and Purac have announced that they are establishing a joint venture for the production and sale of biobased succinic acid.

Ecosse Subsea Systems cleans up major route

newsitemEcosse Subsea Systems has announced that they have completed a major seabed clearance project on the Laggan-Tormore project west of Shetland.

Fabricom snags North Sea contract

 
 
Fabricom Offshore Services has announced that it has been awarded a major contract by EnQuest Britain Ltd valued at over £1 million (US$1.

ABB wins order for next gen Arctic icebreaker

newsitemThe Baltic Shipyard Ltd has awarded ABB with an order to supply powerful propulsion and energy efficient electrical systems for a new icebreaker vessel under construction for Russia’s state shipping company Rosmorport FSUE.

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.

Fluor and Dow team up for Propylene Production Pro

Fluor Corporation has announced that it has been awarded an engineering, procurement and construction management (EPCM) contract by The Dow Chemical Company for a propylene production asset project in Freeport, Texas.

GE & Petrobras sign record contract

newsitemGE Oil & Gas has signed a record deal of nearly $1.1B (USD) with Brazilian energy company Petrobras. This is the world's largest subsea wellhead production contract.