Tag: company news

TUBACEX Group, Spanish manufacturer of stainless steel and high-alloyed seamless tubes, and the European Investment Bank, EIB, have signed a loan agreement for EUR 65M to promote the company's R&D&I activities. It is the first loan received by TUBACEX from the EIB and represents important support to the Group's commitment to the development of tubular solutions that provide an added value for customers.

Fine Tubes and Superior Tube Company had promoted their oil and gas tubing range at the recent OTC Brasil, one of the world’s foremost events for the development of offshore resources in the fields of drilling, exploration and production.

Nippon Steel & Sumitomo Metal Corporation has established a new company, Nippon Steel & Sumikin Cold Heading Wire (Suzhou) Co., Ltd.

CENTRAVIS, global supplier of high-quality seamless stainless tubes & pipes, has received conditional approval from Southern Company for supply of stainless tubing for pressure part fabrication.

Norsk Titanium AS has declared that the company has achieved Technology Readiness Level Eight (TRL 8) by concluding a test plan coordinated through the Federal Aviation Administration.

North American Stainless (NAS), U.S. subsidiary of Acerinox, S.A. has been awarded the contract to supply stainless steel reinforcement bars for the new Champlain Bridge that will span the St.

Sandvik has appointed Lars Engström as the President of Sandvik Mining. He will be included as a new member of Sandvik’s Group Executive Management. Lars Engström, previous President and CEO of the air treatment solutions company Munters, has an extensive industrial background with over a decade’s experience in the mining and construction industry.

Two-strand continuous slab casters from Primetals Technologies went into operation in September at Baosteel Zhanjiang, a subsidiary company of the Chinese corporation Baoshan Iron and Steel Co Ltd.

The President of Costa Rica, Luis Guillermo Solís, and the CEO of GAS NATURAL FENOSA, Salvador Gabarró has inaugurated the Torito Hydroelectric Power Plant, which has an installed capacity of 50MW and will be operated by the Spanish multinational energy company for a period of 20 years through its subsidiary Global Power Generation (GPG). In 2008, the Costa Rica Electricity Institute (ICE in Spanish) awarded the construction and operation of the plant to the Spanish multinational energy company, which required an investment of more than 190 million dollars.

Metalloinvest and Evraz have signed a five-year agreement based on formula pricing for the supply of steel grinding balls.