The largest German oil company Wintershall (Kassel) and Gazprom are planning to set up a joint company for the exploitation of hard-to-access gas deposits in western Siberia.
Statoil has awarded a contract worth some NOK 650 million for engineering as well as procurement and construction support at Kårstø, north of Stavanger, to M.W. Kellogg.
Stelax Industries Ltd has received a contract for a second project to use Nuovinox™ in Alberta, Canada.
Dow Chemical Company will begin construction in November for the addition of a new ethylene furnace at its Oyster Creek plant located in Freeport, Texas.
India's state-owned refining and marketing firm Bharat Petroleum Corp. plans to expand the capacity of its Bombay refinery to 12 million metric tons a year from 6.90 million tons by October 2004.
Chicago Bridge & Iron Company NV, through its subsidiary Howe-Baker International, has won a contract from Valero Energy Corporation to design and build a 53,000 bpd gasoline desulpuhrisation unit at Valero's 243,000 bpd refinery in Texas City, Texas, USA.
Stainless steel is a versatile material that finds applications in various industries and everyday products due to its desirable properties. Here are some common applications for stainless steel:
Architecture and Construction: Stainless steel is used in building structures, bridges, facades, and roofing due to its durability, corrosion resistance, and aesthetic appeal.
Medical and Pharmaceutical Equipment: Stainless steel is used in surgical instruments, medical devices, and equipment due to its excellent sterilization capabilities, biocompatibility, and resistance to corrosion and staining.
Chemical and Petrochemical Industry: Stainless steel is utilized in the construction of tanks, pipes, valves, and fittings for handling corrosive chemicals, acids, and gases. It ensures product purity, longevity, and prevents contamination.
Food and Beverage Industry: Stainless steel is widely employed in food processing equipment, brewing systems, storage tanks, and food preparation surfaces due to its corrosion resistance, ease of cleaning, and hygienic properties.
Energy and Power Generation: Stainless steel is used in power plants, nuclear reactors, and renewable energy applications like solar panels and wind turbines. It provides strength, durability, and resistance to high temperatures and corrosion.
Aerospace and Aviation: Stainless steel is utilized in aircraft components, including structural parts, fasteners, and engine components. It offers lightweight strength, high-temperature resistance, and corrosion resistance.
Marine and Coastal Applications: Stainless steel is employed in shipbuilding, offshore platforms, and coastal infrastructure due to its excellent corrosion resistance in saltwater environments.
