Tag: Sandvik
SS pipe to weatherford
Sandvik has won a multi-million pound contract to supply Weatherford Completion and Production Systems in Aberdeen with stainless steel pipe for expandable sand screen (ESS®) completions.
Sandvik completes acquisition
Sandvik has announced on 11 May 2006 that the company reached an understanding with Asahi Diamond Industrial Co Ltd, Japan, to acquire Hagby-Asahi AB.
Sandvik completes acquisition of SDS
Sandvik has announced on 7 April 2006 an offer to acquire the Australian company SDS Corp. Among other conditions, the acquisition was conditional on the approval of shareholders representing at least 90% of the shares.
Wire drawing plant closes
Sandvik will close down its Italian stainless wire drawing plant in Kanthal due to a weak financial situation for some years as many customers have moved to suppliers from low cost regions like Eastern Europe and India.
Sandvik acquires DEPO
Sandvik has signed an agreement to acquire the German engineering company DEPO.
Changes in Sandvik’s management
Anders Ilstam, Executive Vice President, Sandvik AB, has chosen to exercise the possibility to retire at age 62 and is leaving his position on 1 July 2004.
Outokumpu to merge tubes and fittings
AvestaPolarit Stainless Tube (AST) proposes to acquire all stocks and shares in the fittings and flanges businesses AvestaPolarit ABE Group (ABE) from Outokumpu Stainless through a non-cash issue.
Sandvik planning to outsource
Sandvik has initiated an evaluation of the possibilities of having an external co-operation partner carry out parts of the operations within Sandvik Service.
Sandvik receives Gillette award
Sandvik Materials Technology has been selected to receive The Gillette Company Omnimark Award for outstanding quality and service performance during 2002.
Sandvik opens plant in Shanghai
Sandvik has opened a new plant in Shanghai, China, for the manufacture of processing systems and press plates.