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.
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.
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 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.
Raytheon Company has won a USD 212.6 million contract for low rate initial production of the Evolved SeaSparrow Missile (ESSM).
PT Brown & Root Indonesia, an affiliate of Kellogg Brown & Root (KBR), a business unit of Halliburton Company, has won a contract to provide project management, engineering, procurement, construction and installation (EPCI) services for the Conoco Belanak floating production, storage and offloading vessel (FPSO).
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.
