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.

Florida Power proposes a plant for 2005

Florida Power, a subsidiary of Progress Energy Inc., is planning to add about 500mw of generating capacity to its Florida portfolio in November 2005.

Eni aims to become energy giant

Italian oil and gas company Eni SpA (E) aims to become one of the world's petroleum giants through acquisitions and the intensification of hydrocarbon exploration, CEO Vittorio Mincato and the group's top management has said.

UK’s DTI approves JUNO gas development

The partner companies in JUNO – Phase 2 of the Easington Catchment Area (ECA) development – have welcomed the Department of Trade and Industry's approval of the Field Development Plan, allowing the GBP 270 million investment to proceed.

CNOOC to tap gas offshore Australia

CNOOC Ltd has signed a Heads of Agreement with the NWS participants, BHP Petroleum (North West Shelf) Pty Ltd, BP Developments Australia Pty Ltd, Chevron Australia Pty Ltd, Japan Australia LNG (MIMI) Pty Ltd, Shell Development (Australia) Proprietary Ltd and Woodside Energy Ltd, on a new joint venture to develop North West Shelf gas in Australia, pending the result of the current Guangdong LNG supply bid.

Halliburton wins Saudi Aramco deal

State-owned Saudi Aramco has awarded US oilfield services firm Halliburton Co. a USD 140 million contract to help develop a main oilfield.

Spence Figure 32, 42, 42A Safety Valves

Spence Engineering Company Inc., Walden, New York, has announced a line of safety valves featuring a stainless steel base and disc which provide longer life, better corrosion resistance and higher set pressure ranges.

Aker Maritime strengthens Houston operations

Aker Maritime has decided to further expand activities and increase investments in its Houston-based operations.

Eastman to build iso-derivatives plant

Eastman Chemical Company and Sinopec Qilu Petrochemical Company are on track to build world-scale derivatives plants for the production of Texanol ester alcohol and TXIB plasticiser in Zibo, Shandong Province, China.

Bayer to invest USD 3.1 billion in China

Bayer has signed a basic agreement on a production site in China with a total investment of USD 3.1 billion.

Immunex cell culture manufacturing centres

Immunex Corporation and American Home Products Corporation have announced that the companies intend to transfer ownership of the manufacturing facility in Rhode Island on or about 1 January 2002.