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.

Canada: sulphur recovery unit

Jacobs Engineering Group Inc. has announced that their Canadian subsidiary company has received a contract from North West Upgrading Inc. to prepare a process design package for a sulphur recovery unit at North West Upgrading’s proposed upgrader.

India: coal-based thermal plant

Texas-based Texas Power Generation is planning to set up a 1,320 MW coal-based thermal plant in Chhattisgarh, India.

Nippon declines to comment on clause

Nippon Steel declined to comment on 13 February about reports that its technology tie up with Arcelor could help it fight off a hostile takeover bid by Mittal Steel.

Nippon Steel could prevent Arcelor takeover

According to Japan’s Nippon Steel, a technology tie-up between Nippon Steel Corp. and Arcelor could enable the Luxembourg-based steel firm to fight the takeover bid by Mittal Steel.

Germany: turnkey plant

Ruhr Oel GmbH, represented by the operating company BP Gelsenkirchen GmbH, has commissioned Uhde to design and build a turnkey plant for reformate separation at their refinery site in Gelsenkirchen, Germany.

China: hydropower plants

Unified Energy Systems (UES) plans to spend USD 8.2 billion expanding hydropower in eastern Siberia, which will help produce more energy to export to China.

USA: semi-submersible upgrade

Diamond Offshore Drilling Inc. has announced initiation of a major upgrade of the Victory-class semi-submersible Garden Banks, which has been renamed Ocean Monarch.

USA: Blind Faith platform installation

Chevron with partner Kerr-McGee has awarded Aker Kvaerner a contract for marine operations for installation of the Blind Faith platform in the Gulf of Mexico.

Nigeria: gas development

As the 2008 gas flare out deadline for oil firms approaches, operating joint venture partners have staked over USD 6.5 billion investment profile to undertake the challenge.

Ukraine: pipes for gas pipeline

Khartsyzsk Pipe Plant KPP in Donetsk region, a producer of large-diameter stainless steel oil and gas pipes, has won a tender to supply pipes for the construction of the Bohorodchany - Uzhgorod gas pipeline.