Outokumpu increases its share in Fennovoima
Outokumpu confirmed its binding commitment to the Fennovoima nuclear project and announced that it will increase its share in Fennovoima to 12.5%. The capacity reservation increases from 119MW to 150MW, which equals Outokumpu’s original targeted capacity in the new nuclear power plant.
International certification for NLMK steel slabs
NLMK Group, Russia’s leading producer of steel and high value-added products, has successfully passed certification audits confirming that its production of special-size slabs from high-strength and corrosion-resistant steel grades is compliant with the requirements set forth by certifying agencies Det Norske Veritas (Norway), Lloyd’s Register (Great Britain), and the Russian Maritime Register of Shipping (Russia).
Otto Energy selects new CEO
Otto Energy appointed Matthew Allen to the position of CEO effective immediately, following the mutually agreed resignation of Gregor McNab due to personal reasons.
Since joining Otto as the CFO in November 2009, Matthew has played an integral role in implementing Otto’s strategy to build a successful international oil and gas company, through assembling an exploration portfolio of high potential prospects and pursuing the development of discovered fields, and is committed to continuing this strategy for the benefit of shareholders.
Monadelphous secures Ichthys LNG project contract
Engineering group Monadelphous Group won a major construction contract for mechanical works at the Ichthys Project Onshore LNG Facilities in Darwin in the Northern Territory. Kalzip plays a key part in Olympic architecture
Tata Steel subsidiary Kalzip, the manufacturer of tailored metal building envelopes, was involved in the complex designs of two of the six arenas built at the Olympic Park at Sochi as well as of the swan-neck construction of the Olympic flame on the Medals Plaza, delivering aluminium-profile panels for the iconic sporting event.
Fives Stein to supply reheating furnace to JSPL
Fives Stein, a designer and supplier of thermal solutions for steel and glass applications, was awarded a major contract for Indian group Jindal Steel and Power Limited (JSPL), one of the largest steel makers in the world, for a walking beam furnace for the Raigarh works of JSPL. Incat Crowther begins deliveries to PTAS Marine
Incat Crowther announced the first deliveries of a 10-boat order for 42m Infield Utility Vessels to Brunei’s PTAS Marine. Ausenco wins FEED contract for Tonkolili Phase 2
Ausenco secured a Front End Engineering and Design (FEED) contract for the Phase 2 expansion of Tonkolili Iron Ore’s iron ore project in Sierra Leone.
The Tonkolili Phase 2 expansion involves the development of a process plant and related infrastructure, targeting additional production of up to 10Mt per annum of concentrate.
IC3D’s steel fabrication solution for SolidWorks
IC3D, a provider of hardware and software solutions for the manufacturing, architectural and engineering industries, launched IC3D Steel – the first SolidWorks-based application designed for modelling and detailing steel constructions.
Cliffs appoints new President & CEO
Cliffs Natural Resources’ Board of Directors has appointed Gary B. Halverson, formerly president and COO, as president and CEO, effective immediately. He also serves as a director on Cliffs' Board.