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.

China: MTG pilot plant

Uhde has been awarded a contract by the Chinese company Shanxi Jincheng Anthracite Coal Mining Co. Ltd for the engineering and supply of a methanol-to-gasoline (MTG) plant.

Bulgaria: coal power station

Alstom has won a contract with US-based AES Corporation to build a turnkey clean coal power plant in Bulgaria.

BASF and SINOPEC sign $500 million agreement

Expanding cracker capacity by 25 percent Extending downstream capacities Underlining long-term partnership between BASF...

Slovakia: gas turbine contract

Rolls-Royce has signed a USD 20 million contract for two RB211-6761 Dry Low Emission gas turbine generating sets to power a combined cycle heat and power plant that will provide electricity and heating to a new industrial park in the town of Levice, Slovakia.

Mittal and Arcelor merge

Mittal Steel Co. has announced that it has reached an agreement with Arcelor to combine the two companies in a merger of equals to create the world’s leading steel company.

Mittal likely to increase offer for Arcelor

ING group said that Mittal Steel needs to increase its offer a second time to convince Arcelor’s board to recommend it.

India: gas transmission and distribution network

Gujarat State Petroleum Corp. (GSPC) has drawn up plans to expand its presence in the States of Maharashtra, Andhra Pradesh and Rajasthan to set up a gas transmission and distribution network similar to the one operated by the company in the State of Gujarat.

Algeria: gas facility project

Russian pipeline company Stroitransgaz will bid for the construction of a gas processing facility in Algeria.

India: product pipelines

Hindustan Petroleum Corp. has made plans for setting up product pipelines.

USA: NGL pipeline

Overland Pass Pipeline Co. LLC, Tulsa, plans to build a 750mi NGL pipeline from gas processing facilities in the Rocky Mountains to a market hub in Central Kansas.