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.

Figure 860 safety relief valve

Spence Engineering Co. Inc., Walden, New York, has introduced the Figure 860 safety relief valve, made of 316 stainless steel.

BP to invest USD 8–9 billion in Azerbaijan

BP plans to invest USD 8–9 billion in Azerbaijan in the next four years, the head of the company’s Azeri operations said.

Bellow valves

Ernst Haage has designed a new series of high-pressure bellow valves for metering and shut-off of gases and liquids.

Plans for refinery in Vietnam

Vietnam is mulling plans to build a second oil refinery in its northern Thanh Hoa province, adding to capacity at a refinery now under construction in Dung Quat.

Polyethylene recycling plant in Spain

Trex Company, manufacturer of Trex® Easy Care Decking®, has announced the company’s participation in a joint venture, named Denplax SA, to recycle polyethylene at a new facility in El Ejido, Spain.

Magnolia Power Project

The Magnolia Power Project (MPP) will apply for certification to the California Energy Commission to begin the state licensing process for a 240mw electric generating unit to be constructed at Burbank Water and Power's (BWP) existing generating station complex in Burbank.

Norsk Hydro invests in Angola

Norsk Hydro is to invest more than NOK 1 billion on exploring for oil off the coast of the West African nation of Angola.

Nucor seeks acquisitions

Nucor Corp. plans to boost production to more than 20 million tons in the coming years through acquisitions and greenfield plant projects, Chief Executive Officer Daniel DiMicco has said.

Kvaerner in offshore Nigeria contract

Kvaerner Oilfield Products has been awarded a USD 28 million contract from ABB Offshore Systems Inc. in Houston to manufacture and supply electro-hydraulic steel tube umbilicals and gas lift risers for the Bonga Project offshore Nigeria.

Fluor wins offshore Chinese development project

Phillips Petroleum Company has selected Fluor Corporation Offshore Services Division to provide engineering services for the Bohai Bay Peng Lai 19-3 Phase II Development Project in the People's Republic of China.