News

Our dedicated news department gathers news and press releases from around the world to bring our community the latest developments in the stainless steel industry. Here you can find news involving the people and companies involved in the manufacturer, supply and use of corrosion resistant alloys (CRAs).

Topics such as tubes & pipes, cladding, offshore, chemical process industry, welding & fabrication, 13Cr stainless steels, titanium, nickel alloys, pulp & paper and duplex stainless steels are covered as well as interviews with materials specialists, manufacturer and end users alike.

If you wish to include your news release on our website and email newsletter, please feel free to contact the editor.

Petro Matad appoints chairperson, CEO

The Board of Directors of Petro Matad announced the appointments of Enkhmaa Davaanyam as non-executive, non-independent chairperson and Ridvan Karpuz as CEO of the company.

KBR forms global alliance with Subsea 7

newsitemKBR and its wholly owned subsidiary Granherne have signed an agreement to form an alliance with Subsea 7 to deliver concept and front-end engineering and design (FEED) services to the global offshore oil and gas industry. The alliance is a co-operation agreement between the companies where Granherne will support Subsea 7 on concept and FEED studies and Subsea 7 will support Granherne with subsea engineering and technology.

S&T to acquire MSL

newsitemSteel & Tube Holdings (S&T) has entered into an agreement to acquire the business and assets of Manufacturing Suppliers Limited and its related companies (MSL). MSL is one of the largest fastenings businesses in New Zealand.

Axens to supply technologies for S-OIL’s RUCP

newsitemAxens has been awarded several contracts for the expansion of the existing residue conversion facilities at S-Oil’s Onsan refinery in South Korea. The Residue Upgrading Complex Project (RUCP) is aimed at reducing fuel oil production while producing propylene through the conversion of atmospheric residue and will include the world’s first commercial High Severity FCC unit (HS-FCC™). Axens has supplied a number of technologies for the RUCP.

Vestas wins 26MW project in South Korea

Vestas has received a firm and unconditional order for 13 V100-2.0MW turbines for a wind power plant in South Korea’s northeastern Gangwon Province.

Sandvik strengthens customer services

Product Specialist Bheru Shankar will take on a new role within the sales team at Sandvik’s Middle East office.

NLMK boosts energy generation at Novolipetsk

NLMK Group has begun the replacement of turbo generator #5 at the Lipetsk site co-generation plant. Installation of the latest technology in place of the existing obsolete hardware will boost equipment reliability and increase the generator’s operating capacity by 10% to 60MW.

SSAB’s University Challenge for students

newsitemSSAB’s University Challenge is an opportunity for students to present their ideas for new, innovative solutions using high-strength steels.

New CEO for ArcelorMittal Mining

ArcelorMittal announced that Simon Wandke has been nominated as the executive vice president of ArcelorMittal and promoted to CEO of ArcelorMittal Mining, with immediate effect.

Synalloy BRISMET adds heavy wall pipe capability

Synalloy Corporation announced that its BRISMET unit is adding a heavy wall welded pipe production shop in Bristol, Tennessee. The operation will be located in the former BristolFab facility.

The heavy wall shop will feature a 4,000-ton press.