Company News

Specialty tubing manufacturer RathGibson Inc. has filed for Chapter 11 bankruptcy protection under a heavy debt load.

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.

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.

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-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.

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.

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.

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 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.

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.