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.

New cell spar technology

Kerr-McGee Corp., along with its partner Ocean Energy Inc., has selected Technip Offshore Inc. to construct the world’s first cell spar for the development of its Red Hawk deepwater field in Garden Banks block 877 in the Gulf of Mexico.

Ticona expands capacity

Ticona, the technical polymers unit of Celanese AG, has expanded its North American compounding capability by adding 20% more capacity at its plant in Shelby, NC, and 30% more capacity at its plant in Florence, Kentucky, USA.

Nickel-based valves

A resource is now available for end-users who require quick delivery of corrosion-resistant nickel-based valves.

Oman production boost

MB Petroleum and its new partner, CNPC, will invest a total of USD 220 million over the next four years to achieve a projected five-fold increase in oil production at the Sultanate's Mezoon-5 oil concession.

Memorial project

AK Steel is donating 20,000 pounds of stainless steel produced in western Pennsylvania to a project raising money for a permanent memorial to the passengers and crew of United Airlines Flight 93

Iran signs South Pars deals

Iran will shortly sign the agreements to implement phases 9 and 10 of the giant South Pars gas development projects, Oil Minister Bijan Namdar Zangeneh has said.

Statoil gives contract to Samsung

Norway's Statoil has given a NOK 475 million contract to Korea's Samsung Heavy Industries Co to construct the steel hull for a production platform to be used in the Kristin field in the North Sea.

Pennsylvania power

Foster Wheeler Ltd has announced that its subsidiary, Foster Wheeler Power Group Inc., has been awarded a contract valued at approximately USD 200 million by LMB Funding Limited Partnership, to engineer, procure and construct a nominal 600 MW capacity combined-cycle natural gas-fired power plant.

Section 201 exclusions

The US Department of Commerce and the Office of the United States Trade Representative have announced the release of the final set of products to be excluded from the Section 201 safeguard measure on steel products.

Power plants in Australia

AlintaGas Ltd (Perth, Australia) is attempting to dismantle the monopoly of the government-owned utility, Western Power Corporation, by providing customers with a choice of electricity retailers and delivering cheaper electricity prices to the grid.