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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.

Cameroon: exploration block awarded

Cameroon’s Ministry of Industry, Mining, and Technological Development has awarded Total Exploration & Production Cameroon, a 75.8% affiliate of Total SA, the Lungahe exploration block in the Rio del Rey basin off Cameroon.

Malaysia: storage terminal for oil products

Royal Vopak (Vopak) has signed a Memorandum of Understanding (MoU) with Dialog Group Berhad (Dialog) from Malaysia.

Lincolnshire-based RathGibson files Chapter 11

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

India: turbine plant

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.

The Netherlands: combined heat and power plant

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.

India: coal-fired thermal power plant

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: gas transportation system

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.

Russia: oil refinery in the Far East

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.

China: UMG silicon project in Zhejiang

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.

UAE: Shuweihat II combined-cycle power plant

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.