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.

Tracer signs Nigerian agreement

Tracer Petroleum corporation has signed a Memorandum of Understanding with West African Energy Company (WAEL) of Nigeria to prepare a joint bid document for a prospective deepwater oil block situated offshore Sao Tome and Principe and Nigeria.

Petrochemical award for Technip

Technip-Coflexip has been awarded by CNOOC and Shell Petrochemicals Company Ltd an EPC contract for a SM/PO and MPG/Polyols complex at Huizhou, Guandong Province, in southern China.

Saudi gas project in the balance

Saudi Arabia is unhappy with the latest responses from oil majors on three core ventures in its multi-billion-dollar gas initiative but has left the door open for further consultations.

Slovakian polypropylene plant

Linde-KCA-Dresden GmbH (Dresden, Germany)will supply Slovnaft AS (Bratislava)with a turn-key polypropylene plant.

Power at the mouth of the Rhine

InterGen has announced the financial close of the Rijnmond Energy Centre, a 790-MW natural gas-fired, combined heat and power facility located in an industrial zone of Rotterdam, The Netherlands.

From ethylene to propylene

Japan's Mitsui Chemicals Inc will transform its ethylene centre in Osaka into a propylene centre.

CB&I win Chinese contract

Chicago Bridge & Iron Company NV has won a contract from Shanghai Ethylene Cracker Complex for a low-temperature liquids storage facility in the Shanghai Chemical Industrial Park in Caojing, China.

Far Eastern hydro

The Electricity Generating Authority of Thailand (Egat) will invite the governments of China and Burma to jointly develop a multibillion-dollar hydroelectric scheme on the Salween River in Tak province.

Swedish water treatment JV

Kemira Kemi AB, will establish a joint venture company, called Akvab, with Anox AB for the development and marketing of biochemical complete solutions in water treatment.

BASF to build vitamin plant

South Korea's Ministry of Commerce has said that German chemicals company BASF AG will invest USD 26 million to build a vitamin plant in South Korea.