Steel company to lead DME consortium
A consortium of eight companies, led by NKK Corp., a steel-maker and engineering firm, will establish DME International Corp., Tokyo, to commercialise and market dimethyl ether (DME) produced by a low-cost, direct synthesis technique, according to NKK, which is a 34%
investor.
Malaysia power plant
Japan's Mitsubishi Heavy Industries Ltd and Mitsui & Co. have won a JIY 50 billion joint order from Malaysia's top power company Tenaga Nasional Berhad to build a natural-gas-powered thermal power plant.
Offer for Polish steel mills
The consortium composed of Arbed SA, Salzgitter AG, ThyssenKrupp Stahl AG and Usinor SA has submitted a global offer for the acquisition of selected assets of the four Polish steel mills: Huta Katowice SA, Huta im. T. Sendzimira SA, Huta Cedler SA and Huta Florian SA.
Reducing & sizing block for Von Moos Stahl
Von Moos Stahl AG (Emmenbrücke, Switzerland), a Swiss Steel Group company dedicated to the manufacturing and processing of high grade, special and free-cutting steel, has decided to install a 3-roll reducing & sizing block supplied by Friedrich Kocks GmbH & Co. (Hilden, Germany).
Vietnam approves gas-fired power plant
Vietnam's government has approved a feasibility study by the state oil monopoly Petrovietnam to build a USD 384.51 million power plant using gas from a southern block shared with Malaysia.