Mexico's state-owned Petroleos Mexicanos (Pemex) plans to invest USD 14.7 billion in 2002 out of a total budget of USD 23.9 billion, the company's director has said.
Sudan and Slavneft have signed a USD 200 million oil and gas exploration deal, the first such contract with a Russian firm.
J&L Specialty Steel Inc. has appointed Joseph K. Kusic to the position of President and CEO, effective 1 February 2002.
Ascometal, France, has awarded a contract for the supply of an automation system for a 4-strand vertical bloom caster. The contract was awarded to the automation business area of Voest-Alpine Industrieanlagenbau (VAI).
Duke/Fluor Daniel (D/FD) has been awarded contracts by Duke Energy North America (DENA) to perform engineering, procurement and construction (EPC) services for three natural gas-fired,
combined-cycle, merchant power generation facilities with a combined capacity of 2420mw.
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.
