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.

Praxair and Air Liquide in Chinese venture

Industrial gas suppliers Air Liquide and Praxair plan to invest USD 100 million by 2005 in a venture supplying gas to a mammoth Shanghai chemical industry park.

Vietnam signs oil deal with Algeria

Vietnam has signed a contract worth USD 21 million to explore and exploit oil and gas offshore Touggourt, some 700km from Algiers.

Lurgi to supply Austrian plant

Lurgi Energie und Entsorgung GmbH (Ratingen, Germany) has won the order for the supply and construction of the combustion part of a residue processing and sewage sludge incineration plant designed to produce district heat for Vienna, Fernwärme Wien/WSO4.

W. Australian co-generation plants

Western Australia-based utility AlintaGas has signed a memorandum of understanding with Alcoa Australia to jointly develop co-generation power plants at Alcoa's alumina refineries in Western Australia.

South Pars 9 & 10 contract imminent

Iran's oil ministry is close to awarding a USD 1.6 billion contract for phases 9 and 10 of its giant South Pars gas field to a consortium headed either by Korea's LG Construction Co. or France's Technip-Coflexip SA (TKP), head of the Pars Oil and Gas Company said.

Biopharma plant for Canada

Dutch chemicals company DSM NV will invest EUR 7 million in a new biopharmaceutical plant in Canada.

Lukoil to build oil terminal in Leningrad region

Russian oil major Lukoil is to invest USD 150 million in the construction of an oil product terminal in the port of Vysotsk (Leningrad region), Lukoil President Vagit Alekperov said.

Jacobs receives Genzyme contract

Jacobs Engineering Group Inc. has announced that a subsidiary company will provide Genzyme Corp. with concept development, detailed design, and construction management for Genzyme's manufacturing capacity expansion in Waterford, Ireland.

Vessels for radioactive waste plant

CBI Services Inc. has been awarded a contract to supply specialised vessels and other components for a nuclear waste treatment plant of the US Department of Energy.

Coal power station proposed for S. Africa

Black & Veatch International (BVI) has been selected by the Rainbow Millennium Power Company (RMPC) to perform a detailed feasibility study for the first "greenfield" power station in KwaZulu-Natal, South Africa, which could result in a reduction of environmental pollution and strengthen economic development efforts.