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.

    First woman to run top five oil company

    Stainless Steel World Publisher -
    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.

    POET, Royal DSM announce ethanol venture

    Stainless Steel World Publisher -
    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.

    Continental Nickel starts mining in Tanzania

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

    Solar project

    Stainless Steel World Publisher -
    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

    Stainless Steel World Publisher -
    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.

    DeepOcean awarded contract by Petrobras

    Stainless Steel World Publisher -
    newsitemDeepOcean, part of DeepOcean Group Holding AS, has received a two year contract valued at approximately USD 60 million from Petrobras E&P Services.

    Two offshore construction vessels

    Stainless Steel World Publisher -
    newsitemThe Board of Directors of COSCO Corp. (Singapore) has announced that COSCO (Nantong) Shipyard Co. Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co.

    Sparrows launches recruitment drive

    Stainless Steel World Publisher -
    Sparrows has launched a recruitment drive to fill 143 newly created positions, 101 of which will be in the UK.

    KBR wins ExxonMobil contract

    Stainless Steel World Publisher -
    newsitemKBR has won a contract to provide construction services for ExxonMobil's new synthetics lubricant base stock facility to be built at the company’s refinery and chemical plant complex in Baytown, TX.

    BP gains Angola acreage for deepwater exploration

    Stainless Steel World Publisher -
    newsitemBP has gained access to an additional five production and deepwater exploration blocks offshore Angola, giving the company a leading position in the country with interests in 32,650 square kilometers over nine blocks.
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