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Projects

Projects involving stainless steels

We receive a steady stream of press releases with news on projects that involve stainless steels. This is sent out via our weekly Stainless Steel World Newsletter. If you wish to receive this newsletter, please sign up for free here

Latest Projects

This section provides the latest news updates on a variety of world-wide tenders, projects, expansions contracts and acquisitions for stainless steel and related products.

If you wish to include your news release on our website and email newsletter, please feel free to contact the editor.

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.

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.

Saudi refinery and power co-generation

Foster Wheeler Ltd has announced that its subsidiary, Foster Wheeler Energy Limited has been awarded a project management services contract for two distillate hydrotreaters and power co-generation plants by Aramco Overseas Company.

Xikomba EPS awards

ExxonMobil recently awarded several contracts associated with its Xikomba EPS subsea development offshore Angola in about 4593 FSW (1400 MSW).

Sandvik supplies duplex to W. Africa

Sandvik Steel has received orders for nearly half a million metres of duplex stainless steel tubing, for hydraulic and chemical injection lines for subsea umbilical cables, for ExxonMobil's Kizomba project and the Zafiro project, both in West Africa.

Kvaerner wins orders from Europe

Kvaerner has announced that its Pulp & Paper business area has recently secured contracts to supply boilers, boiler rebuilds and fibreline systems, primarily in Europe, worth a combined total of approximately EUR 45 million.


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.