Russia: LNG plant
Canada’s Petro-Canada is gradually moving towards development of a new Baltic LNG plant in Russia, the company has confirmed.
Mittal to keep Arcelor stainless for 18 months
Mr Lakshmi Mittal told the Belgian government on 19 April that Mittal Steel would retain Arcelor’s stainless steel business for 18 months if it succeeds in acquiring the world’s No 2 steel producer.
India: coal plant in Orissa
Monnet Ispat and Energy Ltd have firmed up plans to set up 2x300MW coal-based power plant in Orissa.
Brazil: coking plant
Brazilian steel producer Usiminas is to invest BRE 743.5 million this year to upgrade its production infrastructure.
India: PGCIL contracts
Sujana Metal Products Ltd, a steel re-rolling mill, said that it will collaborate with Bangalore-based Deepak Cables in bidding for large power transmission projects being put up by Power Grid Corp. of India Ltd (PGCIL) and various state transmission companies.