You may not be familiar with the name William Chance, but if you’ve ever seen a stainless steel sculpture on social media that took your breath away, you’ve probably seen his work.
The first quarter of 2021 saw the start of construction for the massive North Field East Project (NFE) in Qatar. The largest LNG liquefaction project in the world is due to start production in 2025.
Figures released by the International Molybdenum Association (IMOA) show that the global production of molybdenum rose by 2% to 146 mlbs when compared to the same quarter of 2020, although this represented a 10% fall when compared to the previous quarter.
The global propylene capacity is expected to potentially increase from 129.80 million tonnes per annum (mtpa) in 2019 to 191.84 mtpa in 2030 registering a total growth of 48%.
The global petrochemical capacity is poised to see considerable growth by 2030, potentially increasing from 2,129.0 million tonnes per annum (mtpa) in 2019 to 3,029.1 mtpa in 2030, registering a total growth of 42%.
Tan Naifen, Deputy Secretary-General and Director of the Statistical Information Department of China Shipbuilding Industry Association, introduced the application and development status of Chinas marine stainless steel at the Stainless Steel Online Lecture and Last Online Metal Week hosted by the Stainless Steel Branch of the China Special Steel Enterprise Association.
Figures released by the International Molybdenum Association (IMOA) show that the global production and use of molybdenum fell in Q1 when compared to the previous quarter (Q4 2019).
At BUTTING Tieling in China, new production halls were completed at the end of 2019. Two new facilities were recently put into operation in one of the two halls.
China’s stainless steel producer, Taiyuan Iron and Steel (Group) Co. (TISCO), has entrusted Fives with the design and supply of two new silicon steel lines for very demanding applications.
China and the US and are expected to lead the capacity growth in the global LNG liquefaction and regasification sectors from planned and announced (new-build) projects between 2020 and 2024, says GlobalData, a data and analytics company.