ExxonMobil Corp is to invest 750 mln usd this year to develop the Sakhalin-I oil and gas field located north of Japan.
A $360 million fertilizer plant project at Phu My, Baria Vun-Tau Province, Vietnam should be ready for operation in 2004.
Apache Corporation announced a 5,103 barrel-per-day oil discovery, the Selkit-1X, on its 2.3-million-acre greater Khalda Concession in Egypt's Western Desert.
CBI/ST Limited, a subsidiary of Chicago Bridge & Iron Company N.V., has been awarded a three-year contract by the Alliance Refining Company Limited (ARC) of Rayong Province, Thailand to maintain its refineries and associated marine terminals at its North and South Production Units.
Private Energy Producer (PEP) Mirant Corporation has begun final testing and check-out procedures for its Zeeland Energy power plant, located in southwestern Michigan.
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.
