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.

Netherlands: gas storage planned

Dutch utility Essent is planning to turn three depleted gas fields at Waalwijk in the south of the Netherlands into a 600-800 million cubic metres gas storage facility.

India: power plant in Rajasthan

Engineering giant Bharat Heavy Electricals Ltd (BHEL) has gained a Rs 550 crore order for setting up a 330MW gas-based power plant in Rajasthan.

Nigeria: LNG expansion

The NNPC/Shell Petroleum Development Company (SPDC) joint venture has awarded a contract for the implementation of the Soku Integrated Gas Supply Development project in Nigeria.

Japan: petrochem boost

Japan Energy Corp. is expanding its petrochemical products division in response to rising profit margins from higher prices and growing demand in China.

China: Air Liquide to increase investment

The investment budget for Asia at Air Liquide amounts to EUR 1 billion.

Wales: AMEC selected by water company

Dwr Cymru Welsh Water has selected AMEC as preferred partner for civil engineering services in SE Wales.

Azerbaijan: McDermott wins awards

J. Ray McDermott SA has announced that its McDermott Caspian Contractors Inc. subsidiary has been awarded three new projects from the Azerbaijan International Operating Company.

TracPipe French connection

TracPipe French Connection TracPipe, the stainless steel, semi-rigid gas piping system from OmegaFlex, has been used in the installation of eight overhead ceramic heaters, manufactured by SBM of Clenay, France.

Zambia: hydro accord

The Zambia Electricity Supply Company (ZESCO) has signed a memorandum of understanding (MOU) with Farab International of Iran for construction of the USD 100 million Itezhi-tezhi hydropower plant on the Kafue River.

LG Chem to double PDP filter capacity

LG Chem Ltd, Korea's largest chemicals maker, plans to more than double its manufacturing capacity of electronic filters geared for plasma-display panels next year.