Greece: refinery upgrade
Foster Wheeler Ltd has announced that Foster Wheeler Italiana SpA, part of its Global Engineering and Construction Group, has been awarded a FEED contract by Hellenic Petroleum SA for the upgrade of the Elefsina refinery in Greece.
Arcelor’s employee shareholders urge against sale
Arcelor SA employee shareholders on 6 March 2006 urged others to retain their stake in Arcelor, saying that Mittal Steel was more eager to win over the French government than shareholders.
SS price increase
Allegheny Technologies Inc. has announced that ATI Allegheny Ludlum is
increasing selling prices for cold-rolled stainless steel sheet and strip
products, including duplex alloys and auto exhaust alloys.
New vacuum arc remelt furnace
Universal Stainless & Alloy Products Inc. has announced that its Board of Directors has approved the purchase of a seventh vacuum arc remelt furnace, which will be the second such furnace installed at its Bridgeville facility.
Malaysia: biodiesel plants
Malaysia hopes to claim 10% of the global market for biodiesel fuel through 2010 by launching two production plants that are expected to generate a combined capacity of 200,000 tons of methyl esters for biodiesel and glycerin by-product per annum.