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: turbine plant

Toshiba JSW Turbine and Generator, a 25:75 JV between JSW Group and Japan-based Toshiba Corp., is setting up a facility in Chennai to manufacture steam turbines and generators for thermal power plants.

The Netherlands: combined heat and power plant

Tata Power, TATA Steel and Corus Staal BV have signed a MoU for building a 525MW combined-heat and power plant at Corus’ IJmuiden works in the Netherlands.

India: coal-fired thermal power plant

Coal India Ltd (CIL) and NTPC Ltd are expected to sign an agreement next month to build a 4000MW pithead coal-fired thermal power plant in Brahmani, Jharkhand.

Algeria: gas transportation system

Algeria-based oil company Sonatrach has awarded Saipem the EPC contract for gas pipeline GK3 lot 3, covering the engineering, procurement and construction of a gas transportation system.

Russia: oil refinery in the Far East

Rosneft Oil Co. OJSC (Moscow, Russia) has announced plans to develop a USD 14 billion petrochemical refinery in the Primorye region of Russia off the Pacific Coast.

China: UMG silicon project in Zhejiang

ProPower Renewable Energy Co. Ltd a China-based upgraded metallurgical grade silicon producer has recently began construction on a new UMG silicon project in the city of Shangyu in Zhejiang Province.

UAE: Shuweihat II combined-cycle power plant

Siemens Energy has announced that it has secured an order from Abu Dhabi for construction of the Shuweihat II combined-cycle power plant with integrated seawater desalination facility.

Sumitomo and Nippon agreement

Sumitomo Metal Industries Ltd and Nippon Steel Corp. have announced that they have decided to integrate the arc-welded stainless steel pipe and tube businesses currently conducted by their respective group companies and a definitive agreement has been executed by and among Sumitomo Metals, Nippon Steel, Sumikin Stainless Steel Tube Co. Ltd, Nittai Corp. and Konan Co. Ltd.

UK: Pembroke power station

Approval has been granted to RWE npower by the British energy ministry for a new 2000MW, combined-cycle gas turbine power station near Pembroke, UK.

Geothermal power joint venture

RWE npower has set up a joint venture with Daldrup & Sohne AG (D&S), a firm specializing in planning and conducting geothermal drillings, for development and construction of geothermal power stations.