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.

India: product pipelines

Hindustan Petroleum Corp. has made plans for setting up product pipelines.

USA: NGL pipeline

Overland Pass Pipeline Co. LLC, Tulsa, plans to build a 750mi NGL pipeline from gas processing facilities in the Rocky Mountains to a market hub in Central Kansas.

Uzbekistan: LPG plants

Gail and Uzbek government-owned holding company Uzbekneftegaz, who recently signed a memorandum of agreement (MoA) to jointly set up cooking gas plants in Uzbekistan, are expected to work out the details shortly.

Canada: crude-oil terminal

Enbridge Inc. has announced that it will build a USD 250 million crude-oil terminal at Hardisty, Alberta.

Saudi Arabia: sulphuric acid production complex

Outokumpu Technology will design and deliver a sulphuric acid plant complex at Ras Az Zawr, Saudi Arabia.

Russia: LNG plant

Canada’s Petro-Canada is gradually moving towards development of a new Baltic LNG plant in Russia, the company has confirmed.

Mittal to keep Arcelor stainless for 18 months

Mr Lakshmi Mittal told the Belgian government on 19 April that Mittal Steel would retain Arcelor’s stainless steel business for 18 months if it succeeds in acquiring the world’s No 2 steel producer.

India: coal plant in Orissa

Monnet Ispat and Energy Ltd have firmed up plans to set up 2x300MW coal-based power plant in Orissa.

Brazil: coking plant

Brazilian steel producer Usiminas is to invest BRE 743.5 million this year to upgrade its production infrastructure.

India: PGCIL contracts

Sujana Metal Products Ltd, a steel re-rolling mill, said that it will collaborate with Bangalore-based Deepak Cables in bidding for large power transmission projects being put up by Power Grid Corp. of India Ltd (PGCIL) and various state transmission companies.