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 newsrelease on our website and email newsletter, please feel free to contact Joanne McIntyre.

Hyundai wins Nigerian oil project

South Korea's Hyundai Heavy Industries, the world's largest shipbuilder, has won a USD 480 million contract to build oil facilities in Nigeria.

Saudi gas expansion

Technip-Coflexip has been awarded, by Saudi Arabian Oil Company (Saudi Aramco), a major lump sum turnkey contract for the expansion of the Berri gas plant to handle additional output of sour gas from the Qatif field now under development.

Granulated sulphur in Kazakhstan

The US-Kazakh Tengizchevroil oil-extracting joint venture, which is developing the major Tengiz oilfield in the western Atyrau Region, Kazakhstan, will commission two industrial facilities to produce 2800 tonnes of granulated sulphur a day by the end of 2002.

Sitindustrie launches new website

The Sitindustrie Group, specialists in tubes and pipes, industrial equipment, non ferrous metals and steel, is launching its new website,

Jacobs receives contract from Syncrude

Jacobs Engineering Group Inc. has announced that a subsidiary company received a construction contract from Syncrude Canada Ltd for a USD 250 million expansion of Syncrude's oil sands facility at Fort McMurray, Alberta, Canada.

ABB signs for ethylene project in China

ABB said has signed an order for approximately USD 200 million with Shanghai SECCO Petrochemical Company for part of a new USD 2.7 billion petrochemical complex in China.

UK stainless industry gets double boost

Britain's metal industry has received a double boost as stainless steel company AvestaPolarit announced plans for a £14 million investment.

strategic alliance formed in LPG

Petroleum Argus and Commercial Services Company have formed a strategic alliance in the area of natural gas liquids, whereby Petroleum Argus will market and sell the publications of Commercial Services throughout the world.

UAE Dolphin project

UOG, the Arab Emirates group, will chose one company out of five western oil companies by the end of the year to replace US group Enron in the Dolphin gas project, in which French oil group TotalFinaElf is a partner.

Lincoln Electric introduces pulsed mig-welding

The Lincoln Electric Company introduces its news Invertec V350-PRO an advanced process model equipped with pulse MIG welding capability.