oil refining Archives - Stainless Steel World

Bashneft to invest USD 1.2 billion

Stainless Steel World Publisher - October 27, 2011

Bashneft has announced plans to invest 35 billion rubles over five years in oil refining and petrochemicals. Bashneft plans to invest about 19 billion rubles in raising product yield from crude and production of light oil products; 9.

Kobe acquires 44% stake in Wuxi

Stainless Steel World Publisher - May 24, 2011

Kobe Steel Limited (Kobe Steel) has acquired a 44.3% equity share in Wuxi Compressor Co Limited (Wuxi), after reaching an agreement with parent company Wuxi Victor Group Co Limited. The investment will allow Kobe Steel to meet the increasing demand for process gas compressors in China. The acquisition of the Wuxi shares was made through Kobelco (China) Holdings Co Limited, Kobe Steel's China headquarters.

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Tag: oil refining

Bashneft to invest USD 1.2 billion

Kobe acquires 44% stake in Wuxi

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