Outokumpu to deliver two concentrators for Norilsk
Outokumpu of Finland and Norilsk Nickel (MMC) of Russia have signed letters of intent for an extensive co-operation concerning the construction of a new concentrator in Norilsk as well as an expansion of the current Talnah concentrator.
Cerro Matoso to double iron-nickel production
Colombian iron-nickel open-cast mining firm Cerro Matoso (of Montelibano, Cordoba) has opened up a second production line (as well as other plant improvements including an electrical sub-station) permitting it to double production to 120 million pounds and to aim for exports worth USD 400 million in 2001.
Asia’s largest petrochemicals complex
China Petroleum and Chemical Corp (Sinopec) and BP Chemicals plan to build a petrochemicals complex that is expected to be the largest of its kind in Asia when it comes on-stream in 2005.
Arizona’s first “dry” merchant power plant
Reliant Energy Wholesale Group, a unit of Reliant Resources, has announced plans to build a combined-cycle generating facility in Arizona near its recently completed Desert Basin facility in Pinal County.
Global Marine and Santa Fe International merger
Global Marine Inc. and Santa Fe International Corporation (NYSE: SDC) announced today that they have entered into a definitive agreement to merge in a stock-for-stock transaction that will create the world's second largest offshore drilling contractor.
Diesel-driven generators
Ingersoll-Rand Portable Power has launched a new range of GenPowerSource diesel-driven generators from 9 to 500 kVA prime power.
Longer lasting tungsten electrodes
The Multi Strike™ Tungsten Welding Electrodes from Huntingdon Fusion Techniques Ltd were originally introduced to provide the marketplace with non-radioactive and non-carcinogenic tungstens for improved health and safety and increased life. They have now undergone a new development.
Raytheon produces new missile
Raytheon Company has won a USD 212.6 million contract for low rate initial production of the Evolved SeaSparrow Missile (ESSM).
Siemens Westinghouse supplies Brazilian plant
Siemens Westinghouse Power Corp. has secured a USD 200 million contract to provide power generation equipment for a major new plant in Brazil, the Orlando company has said.
UK stainless industry gets double boost
Britain's metal industry has received a double boost as stainless steel company AvestaPolarit announced plans for a £14 million investment.