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.

Stolt wins North Sea awards

Stolt Offshore SA has announced the receipt of Letters of Intent for two contracts from Statoil ASA on its Norne Satellites Project in the North Sea.

Clyde Materials Handling

A speciality chemical company approached Clyde Materials Handling when it required a bespoke valve to be used in the production of monomer – a compound used in water treatment.

Estonia: pulp mill

Andritz (Graz, Austria) has been selected to supply all the major production systems for a new hardwood mechanical market pulp mill to be built in Kunda, Estonia.

India: ONGC diversifies

India's ONGC is in talks with LNG suppliers in Oman, Qatar and Malaysia like to firm up its plans for setting up an LNG terminal in Mangalore.

Mexico: ICA Fluor signs contract with Pemex

AICA Fluor has signed four contracts, each for the fabrication of an offshore drilling platform to be installed in Campeche Bay in the Gulf of Mexico.

US LNG capacity quadrupled

Agreements concluded with America's Dominion energy company have secured Statoil a fourfold increase in its access to liquefied natural gas capacity in the US market.

Angola: new hydro plant

Russia's largest diamond producer Alrosa will spend USD 23 million in 2004 to build a hydroelectric power plant in Angola.

Norway awards licenses

Statoil, Hydro, Shell, Eni, BG, Gaz de France and ChevronTexaco were among 16 companies offered participation in production licenses in Norway's 18th licensing round.

USA: CHP plant in Wisconsin

Northern Power Systems, Inc., a subsidiary of Distributed Energy Systems Corp., has been selected by SC Johnson to engineer, build, and commission a USD 6 million turnkey combined heat and power (CHP) system.

Italy: Adriatic LNG terminal

Aker Kvaerner has been awarded a contract to conduct detailed design and planning activities for future offshore phases of the proposed liquefied natural gas (LNG) receiving terminal in the North Adriatic Sea.