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Because of an objection raised by Coflexip, Aker Maritime must temporarily postpone its redemption of minority shareholders.

ABB has installed its first IndustrialIT for Surface Imaging Solution at AvestaPolarit’s Tornio plant.

Venezuela will create a new state gas company this year to spearhead development of the country's huge natural gas reserves on an equal footing with the strategic oil industry.

The supervisory board of ThyssenKrupp Steel AG has resolved the following personnel changes on the company’s executive board and supervisory board, effective 1 October 2001.

Siemens Westinghouse Power Corp. will build a USD 122 million fuel cell plant in the suburb of Munhall in the area of Pittsburgh, USA.

Saudi Egyptian Petrochemical Company (Cairo, Egypt) is constructing a USD 550 million polyester complex in El-Ameriya, Alexandria, Egypt.

Millennium Cell Inc., a development-stage company that has created a proprietary technology to safely generate and store hydrogen, has announced that its proprietary Hydrogen on Demand(TM) technology will be demonstrated with the new Nexa(TM) power module from Ballard(R) Power Systems at the Wasserstoff (Hydrogen) Expo in Hamburg, Germany, on 11-13 October.

Eletropaulo is planning to invest USD 1.8 billion in the construction of three thermoelectric plants in Sao Paulo, capable of producing 2500mw.

Bethlehem Steel Corporation has announced the election of Robert S. “Steveâ€? Miller Jr as chairman, chief executive officer and a director, effective immediately.

Amtech Systems Inc. has secured orders for two diffusion furnace systems to be used for solar photovoltaic cell wafer production from one of the largest oil companies in the world.