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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.

    West Qurna oilfield development

    Stainless Steel World Publisher -
    ExxonMobil has won the right to develop one of the world's most prized untapped oil reserves, in a USD 50 billion deal that will entrench the company as one of the largest players in postwar Iraq.

    Stainless dye-casting & forging plant

    Stainless Steel World Publisher -
    Good Luck Steel Tubes Ltd has commissioned its stainless steel dye-casting & forging plant and the first consignment is expected to be dispatched shortly.

    Pilbara iron ore project

    Stainless Steel World Publisher -
    Flinders Mines has raised USD 52.8 million in capital to forge ahead with the company's Pilbara iron ore project.

    India: thermal power plants

    Stainless Steel World Publisher -
    India Cements has received board approval to invest up to INR 500 crore to set up two thermal power plants in Tamil Nadu (TN) and Andhra Pradesh (AP) for internal consumption.

    Greece: gas-fired power plant

    Stainless Steel World Publisher -
    Public Power Corp. SA (PPC) (Athens) has confirmed the award of a contract to a consortium of Greek companies for the construction of an 811MW gas-fired power station in Megalopolis in southern Greece.

    Mechanized iron ore facility

    Stainless Steel World Publisher -
    The New Mangalore Port Trust (NMPT) has moved close to striking a deal with a firm to set up a mechanized iron ore handling facility at a cost of INR 300 crore.

    India: power plants in Maharashtra

    Stainless Steel World Publisher -
    Jai Corp. Ltd proposes to set up three power projects aggregating 6200MW, through its associate companies in the Raigad district of Maharashtra.

    Stalatube invests in production areas

    Stainless Steel World Publisher -
    Stalatube Oy has announced that it has invested over EUR 7 million in machinery and production areas.

    Costa Rica: oil refinery

    Stainless Steel World Publisher -
    Costa Rica's legal watchdog has cleared a billion-dollar contract that the government signed with China to jointly build an oil refinery after it was held up in legal wrangling for months.

    India: biomass power plants

    Stainless Steel World Publisher -
    Shriram EPC’s subsidiary Oriental Green Power (OGP) has engaged in renewable energy generation plans to invest INR 730 crore for setting up biomass-based power plants.
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