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.

Neste Oil, 19th most sustainable company

newsitemFor the sixth year in a row, Neste Oil has been selected for inclusion in the Global 100 list of the world's most sustainable companies.

Wind turbines to TuuliWatti Oy

newsitemVestas Wind Systems A/S, a Denmark-based wind energy company, has received the third order for V112-3.0MW wind turbines from TuuliWatti Oy for delivery of 10 units for the Tervola project.

How to get slow movers back on the fast track

Trading is one of the most important elements within the stainless steel industry. It has always been very internationally oriented and people working in the industry have contacts all over the world.

Sandvik celebrates 150 years

January 31, 2012, will mark 150 years since Göran Fredrik Göransson’s new company was formed in Sandviken, Sweden.

Cartwright elected to Raytheon board

newsitemThe Board of Directors of Raytheon Company has appointed Gen. James E. Cartwright as a director. With the election of Cartwright, the Raytheon Board is now comprised of 10 directors.

POET, Royal DSM announce ethanol venture

POET LLC, the largest U.S. ethanol producer, and Royal DSM, a Netherlands-based company, will invest USD 250 million to commercialize ethanol production from discarded corn cobs and stalks.

First woman to run top five oil company

newsitemMaria das Gracas Foster has become the first woman to run one of the world’s top five oil companies after she was officially named the CEO of Rio de Janeiro-based Petrobas.

Continental Nickel starts mining in Tanzania

newsitemCanadian mineral explorer Continental Nickel Limited is set to begin mining nickel in southern Tanzania following positive exploration results.

Solar project

newsitemPSEG Solar Source has completed the acquisition of a 25.2MW DC solar project developed by juwi solar Inc. The PSEG Queen Creek Solar Farm is expected to begin construction in January 2012 and be completed in the 3rd quarter of 2012.

Africa Eagle to receive $ for Dutwa Nickel Project

newsitemAfrica Eagle Resources is set to receive USD 5.5 million from the International Finance Corporation. The money will be used for a bankable feasibility study at the Dutwa Nickel Project in Tanzania.