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.

Kuwait may re-tender major oil contract

OPEC member Kuwait is likely to re-tender a major contract aimed at boosting its oil export capacity to 3 million barrels per day.

Port Pelican gets green light

ChevronTexaco has received approval for its offshore liquefied natural gas terminal off the Louisiana coastline in the Gulf of Mexico.

Ciba textile dye investment

Swiss Ciba Specialty Chemicals Inc. will invest CHF 15 million in the production of textile dyes in Basel, Switzerland.

Shanghai chemical expansion

BASF, Huntsman and their Chinese partners have received approval from the Chinese authorities to expand their planned integrated isocyanates complex at the Shanghai Chemical Industry Park.

Bidding for Iran’s Azadegan oilfield

French oil giant Total and Norway's state-run oil firm Statoil have joined talks for contracts to develop Iran's massive Azadegan oilfield.

LPG terminal in India

French oil company Total has agreed with India's third largest refiner Hindustan Petroleum Company Ltd to build an underground storage terminal for LPG in the eastern part of the country, where demand for the fuel is rising.

Framatome wins German nuclear deal

Framatome ANP, an AREVA and Siemens company, has been awarded a long-term contract by RWE Power AG to supply three of the utility's nuclear power plants with fuel reloads.

Shell-Total consortium gas deal approved

Saudi Arabia's Supreme Petroleum Council has given its backing to a USD 2 billion gas project with a consortium led by Royal Dutch/Shell, the official Saudi Press Agency (SPA) has reported.

BP in gas joint venture with Algeria

BP has formed a joint venture with Algeria's Sonatrach to import 500 million cubic feet of liquefied natural gas a day into the UK.

Italian hydro job

Alstom has recently been awarded three orders by ENEL for the supply of six generators for hydro power plants at Bussolengo, Gallicano and Rovesca in Italy.