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    SSAB names vice president, technology

    Stainless Steel World Publisher -
    Göran Carlsson has been appointed vice president, technology and member of group management of the SSAB Group.

    Stainless talks on ice

    Stainless Steel World Publisher -
    Japanese steel maker Nisshin Steel Co. Ltd has decided to freeze talks with industry leader Nippon Steel Corp. on a potential consolidation of their stainless steel operations.

    New Board of Kvaerner ASA

    Stainless Steel World Publisher -
    Kvaerner's shareholders have elected a new board consisting of Kjell Inge Røkke, Helge Lund, Anders Eckhoff, Tore Tønne, Reidar Lund and Yngve Hågensen.

    Hydro-powered generator

    Stainless Steel World Publisher -
    Hydro Environmental Resources Inc. has concluded negotiations with Pure Power Technologies of Las Vegas for the design and construction of a hydrogen system suitable for internal combustion electrical generators.

    Oil firms in offshore pact with Nigeria

    Stainless Steel World Publisher -
    Three oil companies have signed a production-sharing contract with Nigerian National Petroleum Corp. to develop a deepwater field.

    Kvaerner completes sale to Voith

    Stainless Steel World Publisher -
    Kvaerner, the international engineering and construction group, has announced that it has completed the sale of the Recycling and Dewatering activities of Kvaerner Pulp & Paper to Voith Paper HoldingGmbH of Germany.

    Chart wins hydrocarbon processing orders

    Stainless Steel World Publisher -
    Chart Industries Inc. today has received three contracts for cryogenic processing equipment totalling over USD 12 million.

    TEPCO to invest in Latin America energy fund

    Stainless Steel World Publisher -
    Japan's largest power utility, Tokyo Electric Power Co, will invest JIY 1.24 billion in a Latin America energy fund to target energy services and co-generation businesses in Brazil and Mexico.

    Kvaerner and Aker agree on solution

    Stainless Steel World Publisher -
    Kvaerner has reached agreement with its largest shareholder, Aker Maritime, about an industrial and financial solution for the Kvaerner Group.

    Chevron set to sign first Nigeria deepsea oil deal

    Stainless Steel World Publisher -
    Chevron Corp and Nigeria will sign the first oil production accord for Nigeria's new deepsea oil blocks central to the country's plan to boost crude oil ouput and reserves.
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