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.

New inside sales representative

The Sandmeyer Steel Co. has announced that John P. McCreery has assumed the position of Inside Sales Representative at its Philadelphia headquarters.

Fine Tubes awarded D&B’s Rating 1

Fine Tubes, the UK-based manufacturer of stainless steel, nickel and titanium tubing in seamless and welded, has been awarded D&B's “Rating 1” for its “highest level of creditworthiness” and “minimal risk of failure”.

Romania: Petrobazi refinery modernization contract

A subsidiary of Foster Wheeler Ltd’s Global Engineering and Construction Group has secured contracts from OMV Petrom SA (Bucharest, Romania) as part of OMV Petrom's modernization of the Petrobrazi refinery.

JSL boards more directors

JSL Ltd has broad based its board of directors by inducting two additional independent directors on the Board of the Company.

China buys into Syncrude

Sinopec has more than doubled China's presence in Alberta's oilsands by paying USD 4.65 billion for ConocoPhillips' 9% stake in Syncrude Canada Ltd. Houston-based Conoco confirmed the sale after details leaked out of Hong Kong early on 12 April, sending the share prices of Canadian oilsands producers higher.

Anish Kapoor sculpture for 2012 Olympics

Turner Prize-winning artist Anish Kapoor’s spiralling sculpture has been chosen as the monument to mark the London 2012 Olympic Games.

6-m plate pipe production

Since stainless steels were first developed the production of high-quality longitudinally welded pipes has been the focal point of BUTTING’s business.

Niihama nickel refinery shut for maintenance

Sumitomo Metal Mining Co. Ltd has announced that its Niihama Nickel Refinery will be shut for 4 days in May 2010 and 4 days in November 2010 for regular maintenance.

AOSC to raise CAD 1.35 billion

On 30 March Athabasca Oil Sands Corp. (AOSC) announced that it will raise at least CAD 1.35 billion in Canada's biggest initial public offering (IPO) in years.

Aker Solutions signs service contract

Aker Solutions has signed a three-year contract with Petrobras for maintenance of subsea control systems supplied to the Brazilian national oil company.