Tierra del Fuego gas fields
TotalFinaElf SA plans to develop Carina and Aries gas fields off Tierra del Fuego in Argentina at a cost of USD 400 million.
Indonesian pulp plant
A consortium of investors from eight countries plans to invest USD 1.2 billion in a pulp factory in South Kalimantan.
PetroVietnam studies building refinery
State-owned Vietnam Oil and Gas Corp, known as PetroVietnam, has signed with Mitsubishi and JGC Corp to conduct a feasibility study on a second refinery located 125km south of Hanoi.
Nippon Steel and Timet to co-operate
Nippon Steel Corp. and Titanium Metals Corp. (Timet) have reached an agreement to mutually co-operate in the market development and sale of titanium alloy for automobile suspension springs in Japan.
New stainless facility for Baosteel
Baoshan Iron & Steel (Baosteel) plans to build a new stainless steel works with three continuous casters.