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.

    Monomer plant in China?

    Stainless Steel World Publisher -
    South Korea's LG Chem is studying whether to build a vinyl chloride monomer plant in China to complement its proposed ethylene dichloride plant in Australia, a company source has said.

    Utility invests in China’s west-east venture

    Stainless Steel World Publisher -
    H share Shandong International Power Development has clinched two deals in Ningxia worth 5.26 billion yuan, enabling it to take part in China's ambitious west-to-east electricity transmission project.

    Caspian MOU signed

    Stainless Steel World Publisher -
    Rosneft and Kazakhstan's Kazmunaigaz have signed an MOU regarding the development of the Kurmangazy field in the Caspian Sea.

    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.
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