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INEOS Phenol has recently announced that it is to build a world scale, state of the art cumene unit in Marl Germany, to be completed in 2021.

On 10 July, 2019 as part of the intergovernmental agreement on principles of trade, economical, scientific and cultural collaboration a meeting between Chairman of the Management Board, Samruk-Kazyna JSC, Akhmetzhan Yessimov and Alik Aidarbayev and President of Tatarstan Rustam Minnikhanov was held where the parties expressed their desire to initiate a new phase of cooperation in the oil and gas industry.

Herbert Eibensteiner takes over as the Chairman of the Management Board of voestalpine AG from Wolfgang Eder, who served in this position for more than 15 years.

Bright steel producer Steeltec has restructured its Scandinavian sales operations. The powerful sales team is now headed by the sales managers Johan Thyni in Boxholm, Sweden and Brian Nielsen in Nørresundby, Denmark.

Recently, the International Molybdenum Association (IMOA) show that global production of molybdenum remained static in the Q1 of 2019 when compared to the same quarter last year, while global usage fell by 7%.

Expanite — the Danish pioneer specializing in surface hardening of stainless steel & titanium and ENPULSION the world leading manufacturer of electric propulsion systems for nano- and microsatellites collaborate successfully in solving wear and galling challenges in the production line at ENPULSION.

The better a material can be machined, the more cost-effective the associated process chains are for manufacturing operations.

High cutting pressure and tool deflection are the greatest challenges when it comes to thread milling. This results in restricted cutting parameters, necessary cutting passes, and short tool lives or even tool breakage.

During the commemoration of 40 years of oil production in the Sound of Campeche, the CEO of Petróleos Mexicanos (Pemex), Octavio Romero Oropeza, announced the company will reactivate oil production in the area, which will receive 67% of the budget of Pemex Exploración y Producción, to be used in the exploration and development of shallow water fields in the area, as well as the Tabascan shores.

TUBACEX, a global leader in the manufacture of stainless steel and high-alloyed seamless tubular products, and the “Instituto de Crédito Oficialâ€? public business institution (ICO) have signed a loan agreement for 30 M euros to promote the group's growth and diversification strategy.