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.

    Saudi firm plans formaldehyde plant

    Stainless Steel World Publisher -
    The Saudi private enterprise Al-Babtain Arabian Co. is planning to set up a new petrochemical plant in Jubail to produce formaldehyde at the cost of SAR 60 million.

    Afghan oil and gas

    Stainless Steel World Publisher -
    Russian energy companies have agreed to help rebuild Afghanistan's devastated oil and gas industries.

    North American paper

    Stainless Steel World Publisher -
    GL&V’s Pulp and Paper Group has landed contracts totalling more than CAD 10.0 million from three North American pulp and paper manufacturers.

    Saudi methanol plant

    Stainless Steel World Publisher -
    Japanese plant engineering firm Chiyoda Corp. and a subsidiary have won an order to build a methanol plant in Saudi Arabia.

    New Nylon-MXD6 production plant

    Stainless Steel World Publisher -
    Mitsubishi Gas Chemical Company will construct a Nylon-MXD6 production facility in Richmond, VA, USA.

    Indo-Iran pipeline via Pakistan

    Stainless Steel World Publisher -
    India's Reliance Industries Ltd and the National Iranian Oil Co. will sign a deal in 2003 for Iran to supply natural gas to India around three to four years later via a transnational pipeline.

    Saudi gas projects hang in balance

    Stainless Steel World Publisher -
    Saudi gas projects hang delicately in the balance as the kingdom weighs difficult options to decide the fate of the USD 25 billion investment.

    Umbilical factory in Angola

    Stainless Steel World Publisher -
    Technip-Coflexip has signed a joint venture agreement with Sonangol for the creation of a new company to manufacture subsea umbilicals.

    Newmont expands Nevada gold mining

    Stainless Steel World Publisher -
    Newmont Mining Company (Denver, Colorado) is proceeding with several projects at its Nevada gold mining operations.

    Pharma-Biotech expansion in Italy

    Stainless Steel World Publisher -
    Patheon Incorporated (Mississauga, Ontario, Canada) purchased the Ferentino, Italy, facility from Biomedica Foscama SpA in February 2002.
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