Tag: china

With reference to an earlier announcement relating to a signed letter of intent for the construction of two additional chemical tankers with stainless steel cargo tanks, Odfjell has announced that the Company has signed final shipbuilding contracts with Hudong-Zhonghua Shipbuilding (Group) CO.

NORMA Group has signed a purchase agreement to acquire 80 percent of the shares in Fengfan Fastener (Shaoxing) Co., Ltd. (Fengfan), based in Shaoxing City, China, on March 28, 2017.

International Stainless Steel forum have released interim figures for 2016 showing that stainless steel melt shop production increased by 10.

Mech-Tool Engineering Ltd (MTE) - has delivered a fully certified ABS fire rated wall system for one of China’s leading turnkey EPC contractors in offshore construction.

Alfa Laval has won an order to supply Alfa Laval Packinox heat exchangers to a petrochemical plant in China. The order value is approximately SEK 170M and is booked for the Welded Heat Exchangers unit of the Energy Division.

CB&I has been awarded a contract by Dongguan Grand Resource Science & Technology Co. Ltd. for the license and engineering design of a grassroots propane dehydrogenation unit to be built in Dongguan City, Guangdong Province, China.

Harsco Corporation has recently announced two multi-year contracts for steel mill services in China and Brazil totaling more than USD 100M over their duration.

Vallourec, a specialist in premium tubular solutions has recently closed the acquisition of a majority stake (50.61%) in the Chinese company, Anhui Tianda Oil Pipe Company Limited (TOP) and thereby increased its total stake to 70.

In January-August 2016, the total exports of steel from China to the world -including finished (long steel, flat steel and seamless pipes) and steel-derivatives products (wire products and welded tubes) increased 7% versus Jan-Aug 2015, reaching 74.

SCHMOLZ + BICKENBACH International has recently decided to invest in expanding their global Sales and Services network: in the important markets of America, Asia and Scandinavia, the subsidiary of the SCHMOLZ + BICKENBACH Group is expanding their sales, warehouses and processing capacities.